davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09
EAST RrvERDALr
HAYWOOD GARDENS
41o1 HAYWOOD PLACE
MI. RAINIER. ND.
AVAILABLE AUG. 10

just across District lire. 1 bus fare.
Convenient TO shopping center and
tneatsr Excellent bus facilities.
Nicely furn, apt, reception hall.
Nv; Tm,, dinette, bedym,, Nc. and
bath. $lOb. incl. utiiS.
Plenty Of parking. Lovely Rreunds
Apply in person, o to $3.50 Week-
Gays. 3 10 1850 Sat. WA. 7-02OO.
n, HAMP., E..W. HIGHWAY-Nies-
" urn. 2 rms kit. and bath.
-xl26. BEERS BROS. 30, 1-SIST,
PARKvIEW GARDENS
$500 RIvE1DALE RD.. I'M. A-gOSC
! and 2 bedrooms, carpeted, an
eond., heated pool. baIeonics, NJ
Sst at nominal charge. Near Nd
". ACF, Beltsville, NAGA, Wsah.
Ingte- Baltimore parkway.
sILVER ePRIN0--Rent j mo. $40
Phone OF. 1-4272. '
silver sFRING-Liv. Tm., bed.
fm.. kit. bath, End floor. pvt. en-
trance. Married couple, no ehil.
dren. JU, 5-493O.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09

PLANO, French Frey. ,shsyry 40
EsSSS::.,E WsaTFSis,ssSSs.sE;:;. iSII,,
SbeS vita piRnes priced $500 and
HcEs' az tc,fsar factory GUARANTEES
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09
HI.ET
Why Go Downtown
For Hi-Ei SerYice2

SERVING the Metropolltan Washing
years they hsvs one o. ths most
modern equipped sheps around,
They are the leading Hi.Fa serv-
ice 60. IN subuEeap MaEyiend and
RI sefvicsmsn II ths Industry, Ne
80 downtoWn 70 get servicef No
sirl Not while there's an outfit
ike AuDlO CENTER around.
P. s, Oct these prices on their
special for AUGUST; IN tuner
Attainment S4.b0 With multiply
s5; any changer overhaul, S4.e6:
nEy ssTs T I. Scss.a $40 s!S
. % No make g. AeIie service We calls.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09

HlRVAK6 HALL, 1880 Harvard st.
n.w.7Large, nicely furnished apt
Beautiful Rock Greek Park see-
ton. Phone AID. 4-74O0.
HIATT PL, NV. 39as, M. PARK
I'd; and 18th gt.--2 hedlnns., $3.50.
apt. bldg, res. mgr. NA. SOFAS
HILLTOP HOUSE. cor. j bth--i47D
Euclid NV, Embassy Row, D. C.,
center, excel. transp. Modern furn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09
Non, ThurI., fr''Tn Q

y, v HtuEN NIuHeu nNt,, AuK.
ORGANS, StgS. Must Be seen "a
spRrseiNts: Ths new Lewrsy cFsen
Hs na key bee seeFdiS .. snS ped.I. 90
e @SSls sRf los s:ESsSS b STETi ss
Sesi'Mtn''yy Vernon Ha' ave. s-okSl III -MsS:
coners;sionaI Plaza Az shopp,nE0 e ctr,
Rockville pike, IA. 7-719O, IVA,
and Nd. stores 0peh daily I'll o
pm. except eaturday,l.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09
D. 9 e 9sIsTrss q TIS.! vi s,i tn A q

&C " &N&AN &N1a8A 49tsH AABs
PLANO I,NS;s. baby !,l',, ErApd,. excel song.
44.SsssISsg Ess Sst q ia IA. s .sSit can RI
PRHA .Ns,;;;;i y,'E 2 ,:hSOi les !p:ci 3,
S4gb. Rent II yan prefer viii
lent iocstIsnsl: batn.. 1880 q St
1 Nv; RE- ~ 5-e2i2; Ysys 1891 Mt
S siiis Ut f!s'i Shcpgalspggo stv R1 q;
Nd. stores open daily It'll o pm
except Saturday,
PIAN0s--used upFIghts from Si15
Up. Also many values IN used
spIrets sensolss and ETandS. Com
plets seleeticn, over 100 planes
PIANO 0niRT. iciS 7th Sf's s.S.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09
TOOLS

ssI: :assi' q: ..i rsk H. As;s; sI;sS
$3.50. sawu, 9I.AB, hammers SOC
blocks, falls, ropes, chains. ehisels
planes, motors. Bunk beds, sig
snnscs,,. sg7s. AsAd saws, si.tb
", 2-maH saws. $3.50, 6xe tafps
MyO, ,lOxly taEpg, SOL 2
wedges, 20 cents, droplighta, S1.Sb
saw blades, Sl.2b, used tagpS, 81
~. Steel shelving, cable, eli com
pFesseE' veldsr. pumps. Pieks, 81
]. H. GICHNER
2Sls n Ct. NV. n. s-eslI
T .1E is;o No. E ESIEsE 1sS sl I'm ,TF r.
Tv-warehouse manager FeleasinI
entire stock Of TV trade-ins anS
floor samples. 2l-in screens, 1,
year guarantee on picture tubes
36 e 500. 1OiA " ct. ne. Ii
Tv;RApi6.f ONO C0NKTEzTI0l
bal. due, $50, Take qp payments
can ssAs:s2s7 . s s,Hs q zen y s.S S'mO
r s.SiSs ~ .:. 9:S clisE y5 Ss:sSsI s'
~, Shileo 2Is sonsels lighy Yso6
s 81 Cher. 1 Sss.C ssH7e' 500 o.
nv, RoA @ luxs ei.Ia~ hasdioasi
dltlen, 4oN m, 3.2Seb,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09
RENTAL OFFICE
800 9Th ST. S.W.
ST. 3-4444

OPEN DAILY, 10 to 8 PM
SHANNON 4 LUcHs MGT.
CAP, HILL-Nico Q bedFm1., pvt
bath. children welcomed, utils
incl. can IN. i.a232.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09

Icontinusa on Next pagsS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09

g: sssulsE 'aii IN Il III !!
5000; S.ilsySS Gross Rsi;eS sheSS- 8
pnsnsg.o Center, We. .MeI-zlSll /;
EredSricksburG. W. (Eisex 3
ga, u siIysr lsSDriIns s and SaiIsy,a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09
CAMRbELL NuaIc 90.

HOS O ST. NV, pI. 7-s4O4
PIANO, Hamilton fuli-seale upright
~ inaEaae. condition. S32B. KtTTt
Metre; Wash.'G Lat, music steFs)
1880 q 81. NV, RI. 7-o0l9.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09
ROOMS FURN-s.E..s.W.

c tysD.: q, EILE,EE: T% PVT en- :Hi
S4e.1S7B before 8 pm. l
sN0LL -, EiIh perch, next e
si :Sss Si.i.; :s:lia Ii sSsss s'A'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-09
NOW OPEN!
SEARS Furniture
Outlet Store
Corner 7th and EyO
Customer Parking on 18th {
and Across an Eve ST.
Gil Bladensburg Rd. NE.
located in the Rear

Of the New Home Improvement CENTER
. Mail Order Discontinued Items
d" Slightly Damaged or soiled Goods
Group Of Clearance Items
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
S. Shares Offered
By Realty Trust

Potomac Real Estate Invest
ment Trust of Silver Spring
has received clearance from the
Securities and Exchange Com
mission for a public stock Of
fering, it was announced yes
terday.
Offered are 100000 shares at
a proposed maximum Of IS a
share. Located at $50 Bonifant
street, in Silver Spring, the
trust plans to acquire diversi-
fled real estate properties in
this area. The shares are not
underwritten but will be sold
directly through the trust. Re-
vane- Richardson, Inc, will be
management agent.
Robert C. Gilmore is chair
man of the trustees and
principal executive officer. He
is a real estate developer and
insurance executive. Paul c..
Cuddy. Washington attorney is
legal counsel. Trustees include:
1t. Gen. Ralph J. Canine, USA
(retired); Lafayette Franklin;
Rear Admiral Raymond P.
Hunter, USN (retired), an d
Marvin w. Simmons.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
EVETT WRITES
CONCERTOFOR
VIRGIMAFIRM

A WayneSboro (Va.O fur
niture manufacturer has
commissioned Robert Evett,
Washington composer, to
write a contemporary
American concerto to COM
memorate the company's
18th anniversary.
The company is the
Basic Wirtz Furniture In
dustries, Inc, Bernard L.
Copeland, its president, has
announced that it also is
underwriting a symphony
concert for the premiere Of
the concerto.
The work, entitled AN
niversary Concerto u.s."
will be performed by the
National Symphony under
the direction of DR..
Howard Mitchell on Octo-
Der 20 at Greensboro, N. C.
Mr.. Evett has a portfolio
of more than 30 major
works which have won re-
peat performances on SYM
phony programs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
Earnings

Sheraton Corp. Of Amer. in
quarter ended July 81 earned
81 .429,8O0 or 26 cents a share
VS.. $73,352 or / cent in 1862
period.
E. L. Bruce Co., with highest
sales in history, in year ended
June 30 earned $l,2l2,089 or
SO cents a share.
Sears, ROebuck Accept. In
six months ended July 81
earned $l,9l7,124 VS.. $2,419,O02
In 1862 period.
Seeburg Corp. In 8 months
ended July 81 earned 1855, 1853
or 81 cents a share VS.. $l,047,-
OTIS or SIS cents in 1862 period.
Valspar Corp. In o months
ended July 81 earned $574,836
or 81 cents a share VS.. $l55, 526
or IA cents in 1862 period.
Gen. Tel. OF Fla. in IL months
ended June 30 earned $6,714,3l2
VS.. $4,074,096 in 1862 period.
Supermarket- Operating In
year ended June 80 earned
$957,922 or $l.l8 a share VS..
1894 ,463 or SO cents in 1862
perios.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
Squibb Distributing Plant,
Offices to Be Built Here

pm. Thursday. Completion is
expected in January 1864.
Standing near the new plant
of Pepsi-Cola Bottling Co. of
Washington, the Squibb offices
and warehouse will be air-con-
ditioned and will have fully
automated shipping and con-
veyor equipment for large
volume handling Of medicinal
products. 1t also will have the
latest equipment for precision
processing.
Overlooking the Anacostia
River valley, the building site
is on the Baltimore Washing
ton Parkway near its intersec-
ton with other freeways.
Squibb's acquisition of the
site was negotiated by H. Tur-
ney Gratz and George JolSon
of James L. Dixon & Co. of
Washington. and Arthur Stern
and Eugene Mindlin of Marx
Realty and Improvement Co. of
New York. Settlement was
reached in law offices of
Duckett, Orem and Christie in
HyattsYille.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
BY DONALD b. HADLEY
Star Financial Editor

E. R. .Squibb g. Sons today
announced plans for construc-
ton of a large Washington
branch office and distribution
center in the Kenilworth Inter-
change Industrial Park in near
by Prince Georges County, Md.
The new center will cost
more than 81 million and serve
as q showcase for the company's
national and International OPP
Grafton as well as a distribu-
ton facility for the District of
Columbia, Maryland, Virginia,
West Virginia and part of
North Carolina.
With $4,000 square feet of
space, the new installation will
be the company's sixteenth
branch office In the United
States.
1t will be equipped to serve
the medical and pharmaceuti-
cal professions with more than
500 different drug products in
the Squibb line. The company
is a division of DIN Mathieson
Chemical Corp.
Davis & Plat Of Takoma
Park has been awarded the
construction contract and
ground = breaking ceremonies
have been scheduled for 1890
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10

ton which would permit Fed
eral associations to pay vari-
able rates is receiving mixed
reaction in the savings and
loan business, reported the Ma
tional League of Insured Saw
ingS Associations today in its
current review for members.
AT a meeting Of the Federal
Savings and Loan Advisory
Council here this week, mem
Der savings and loan man
ayers appeared to be unwilling
to approve the plan," the re-
view declared. And press
stories around the country in
dicated some savings and loan
officers were fearful the pro-
posed regulation would push
dividend rates upward"
However, New England as
sociationS, which face multiple
rate competition from both
commercial and mutual savings
banks, were reported in favor
of the proposal, it added.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
BUSINESS BRIEFS

NOrfOld & Western Rail. coal
loadings last week totaled
22,025 cars or 1875 more than
hauled in corresponding week
of 1862.
Trans World Airlines flew a
record 728,613,000 passenger
miles in August, an increase
of 26.5 per cent over 1862 period
and 3.9 per cent above record
set in June.
PhilcO Corp. announced dis
continuance Of larger-scale
marketing Of electronic tran
sisters because competitive pro-
duct and pricing action made
the line improbable.
Westinghouse Elec. Corp. re-
ceived a contract at undisclosed
price to supply electrical drive
and control equipment for an
80-inch side, five-stand cold re-
duction mill at Youngstown
Sheet g. Tube Co.'S Indiana
Harbor CInd) plant. Mesta
Machine Co. has the contract
to build the mill.
General Artists Corp. filed
with the Securitie and Ex-
change Commission a refistra-
ton statement for public sale
OF 10000 shares Of common
stock through underwriters
headed by Burnham g. Co., New
York.
General Services Admin. sold
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
MEMO TO LENDERS
InstoIment-debt reP0yments
top $50 billion onnvoIIy.

this year the smallest for a like
period since the $1.4 billion in
1860 when the last recession
was in its early stages.
Those who view the sharp
rise in total debt in the last %
years without alarm stress that
the Nations total output of
goods and services has risen
even faster. They say that
makes the debt burden now a
bit lighter than in 1910.
Consumer credit increasing
ly is a way Of life for many, if
not most, Americans. Bankers
hold that the sounGneSs of the
total consumer debt lies in its
share of diSpoSable personal
income whats left after tax
esq, In 1850 the percentage of
debt to disposable income was
SO. BY the end of 1862 this
had risen to 1872. Those in the
lending business insist this is
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
Annapolis to Get
Large Apartment

ANNAPOLIS, Md, AP.-
Construction Of a IS million
apartment project, with $50
units, is planned on a 37-acre
tract adjacent to Truxton PART
here with several hundred feet
fronting on Spa Greek.
Officials of the real estate
firm handling the transaction
said the development will be by
a Washington syndicate headed
by Jerold Galblum with con-
struction by the Gal Blum Con-
struction Co. Of Silver Spring,
Md.
The land, already zoned for
apartments, was purchase d
from /. Alvin Pasarew OF Balti-
more at a price reported in
excess of 100000. 1t was be-
lieved to be one Of the largest
real estate transactions in the
citl's history.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10

York, acquired the Alexandria
company in 1859.
The earlier machines, how
ever, were built to handle sim
gle lines of type, usually &C
count numbers such as those
that appear on an oil company
credit card.
Ninety-five Of these ma
chimes are being used by United
States and Canadian industries
which require mass billing and
cash accounting systems.
An experimental model Of an
automatic address reader which
reads typed, printed or i'm
printed addresses and sorts the
mail electronically has been
tested by the Post Office De-
partment. Harrington currently
is developing a transformed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10

prototype Of a production
model which will read and sort
envelopes to 40 destinations at
the rate of 10000 envelopes an
hour.
harrington has been produc-
ing credit Identification sys-
TENS since 1929. 1t developed
and marketed the widely
known Charga Plate a n d
Charga-Card credit tokens and
imprinters.
In 1859 it acquired, in addi-
ton to the Alexandria firm,
two other subsidiaries, Adrema
Limited, maker of addressing,
listing and other business ma
chimes in London, and Printed
Electronics Corp. of Natick,
Mass. The latter it merged
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10

with It's own subsidiary, Elec-
tralab Printed Electronics Corp.
Early in 1860, Electralab fur
ther expanded by acquiring
Minitron, Inc. Of Encinitas,
Calf, another electronic comp
pany, while Harrington bought
the Mendes Corp. of New Bed
ford, Mass, maker of business
equipment. This firm has been
renamed the Harrington Bush
ness Machines Corp, also q
subsidiary.
The new Springfield plant
covers 10000 square feet. It's
facilities will be supplemented
by Farrington's former plant
on nearby Edsall road. This
will be retained as a warehouse
and to provide room for ex-
panSion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
Union Carbide Plant

NEW YORK ODD. - Union
Carbide Corp, announced a 81
million expansion of facilities
at its Kokomo, Ind, stellite
division plant. The new facil-
tiles, scheduled to be operating
in early 1864, will expand. pro-
duction of highly refined al
10y metals required for high
temperature uses in the air.
craft and space field.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
BY SAM DAWSON

Associated Press Business news writer
NEW YORK. - Rising con-
sumner and mortgage debts and
a showdown in the rate of per-
sonal savings is seen as a dan
ger signal by financial conserv-
ativeS - and as a harbinger
of better times by the economic
growth enthusiasts.
The rise In foreclosures of
Federally insured and guaran-
teed mortgages and som e
stretching of the length of in
Stalment credit repayments
(making the monthly outlay
smaller) leads the worriers to
question the quality of the pri-
vate debt. But this is shrugged
off by the optimists as far
from the danger level yet.
This split in financial think
ing isn't new. What adds ur-
gency to the debate this time is
the size of the total debt and
its rate of growth.
Well Above TrilIiOn
Counting in public, corporate
and individual debts, the fig
ure now is well above one tril-
lion dollars, an increase of AS
per cent since 1910. OF this,
corporate debt is around $414
billion. Home mortgages are
close to $l70 billion. Instalment
debt is $500 billion.
The Securities and Exchange
Commission reports that in the
April May June quarter, in
dividual debts rose by SIS bill
lion, compared with $l.9 billion
in the first three months of
the year. Net savings also
gained, but by $2.9 billion COM
pared with $6.5 billion in the
first quarter. This made the
second quarter savings increase
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10

400 long tons of surplus stock
pile tin, making this the third
consecutive week in which it
disposed of the entire amount
available for sale.
Engelchard Industries, Inc. is
cutting platinum prices SO an
ounce, to $79 an ounce for large
quantities and $82 for small
lots.
Summit Ins. Co., Greensboro,
N. c., was placed in permanent
receivership yesterday and its
president. Jack w. Franks, was
restrained from using any OF
the company's assets, by order
Of Superior Court.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
MACHINE TO DIGEST SPEECH
Governor to Dedicate New Plant
BY CHARLES COVELL
Star Business Writer

Gov. Harrison is scheduled
to take part late this afternoon
in the dedication of the Far
rington Manufacturing Co.'S
Shirley Industrial Area at
Springfield, Va.
After the Governor speaks,
his speech is to be handed over
to the company's newest prod
uct, an electronic page reader
that can absorb 1000 words a
minute.
Developed and produced for
data processing use, the ma
chine examines each word, an
alyzeS it and converts 1t to a
form computers understand.
So far only six Of the ma
chimes, which can scan ordi-
nary business documents and
translate the information into
punched paper tape at a speed
greater than could be achieved
by an army of human key
punchers, have been built. But
already others are being con-
structed that will operate even
faster, with magnetic rather
than punched tape.
Said to be the first CONNER
cial reading machine that can
read and digest entire pages Of
copy, the reader translates the
information into paper tape at
the rate of 240 characters a
minute. With magnetic tape, a
rate of $40 characters a min
ute is said to be possible.
The machines are a refine
ment of the first optical scam
ners developed 10 years ago by
Intelligent Machines Research
Corp. of Alexandria. Earring
ton, headquartered in New
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
Personal Debt Rises,
Savings Rate Declines

still far from dangerously high,
in spite of the rise in mort
gage and other loan defaults.
This view is set forth by DR..
Marcus Nader, consulting
economist to the Manufacture
ers Hanover Trust Co., New
York.
THE acquisition of durable
goods on credit is sound and
constitutes, in essence, con-
tractual savings" he says. "Au-
tomobiles, labor saving devices
in the home, radio and televi-
sion are necessities which many
families could not buy for
cash."
Doubts on Credit
Other economists agree that
debt, savings and investments
have acted together to assure
the Nations economic growth.
But DR.. Nader has some
doubts.
1T is questionable" he
warns, whether individuals and
families with limited means
should acquire nondurable
goods on credit. A further in
crease in this type of credit
could lead to difficulties"
He gives high marks to the
quality of most corporate in
debtedness. 1t represents the
vast spending in recent years
on plant and equipment. And
he holds that "the payment of
interest and sinking funds on
the corporate debt is relatively
small If compared with total
corporate income"
But any sharp rise in total
debt, public or private, seems
sure to set off new outcries of
alarm from those who fear 1t
might aggravate a recession If
one develops.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-10
FHLBB Plan Meets
Mixed Response

The Federal Home Loan
Bank Boards proposed regula-
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-08-22
ArmacOst Gets Post

David L. Armacost, of Gath
ersburg, has been selected as
a manager.in.training in Mont
gomery County for F. E. Comp.
tons Pictured Encyclopedia.
A former teacher with service
at both the elementary and sec
ondary school levels in the coun.
ty, Compton is the father OF
three children. He will work
from the Compton office in the
Perpetual Building in Silver
Spring.
Joseph L. Pavlock, of Silver
Spring, has acquired the Brod.
sky department stores and a
new corporate structure identi.
fled as Brodsky-May Co. Inc.
has been established with head
quarters and offices in Balti.
more and Odenton.
Serving with Pavlock, a candi.
date in the Republican guberna-
torial primary in May of 1862,
will be Paul E. Rabold, who has
been appointed vice president
and general manager of the new
firm.
BUSINESS BRIEFS: In a
move to stimulate interest in its
annual golf outing to be held
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-08-22

Rockville, has reported a net in.
come of $781,089 for the II,
month period ending June 30
amounting to an increase of 500
percent over earnings of the
previous year.
The new earnings are equiva,
lent to $1.01 a share on the
average number of shares dur
ing the period compared to 6s
cents a share during the proceed
ing year, according to C. ]. Nc
Allister, chairman of the com
pany. Total sales during the
past year were just under $6.s
million, amounting to an in
crease of 81 per cent over the
previous II months, McAllistel
noted.
In a continuing expansion pro
gram, Pargas purchased late ii
July the assets of the Beard
Gas Co. in central South Caro-
lima, the Arlington Gas Co. il
Jacksonville, Fla, and the
Berkeley Springs Gas Co. il
West Virginia.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-08-22
Business Roundup
DIR. Robert Crosse Named
To Research Analysis Post

DR.. Robert Nathan Crosse,
recognized as one of the ma.
tons outstanding defense. econ
omists, has been selected as
chief of the economics and cost
ing division of the Research
Analysis Corp. in Bethesda.
According to Frank A. Park
er, president of Research Anal.
ysis, Crosse formerly served as
director of the Rand Corpora
tons Bethesda office and in
that capacity was responsible
for implementing the firms
studies for the Assistant Secre-
tary of Defense and assisted in
setting up the new program
budgeting system for the De-
partment of Defense. He served
earlier as head of the factors
and estimates branch of the cost
analysis department at Rand's
headquarters in Santa Monica,
Calf.
A graduate of Columbia Uni
versity in 1914, DR.. Crosse re-
ceived both his MA and PhD
degrees in economics from Har-
ward University. While study
ing for his advanced degrees he
taught at Bates College and at
Rutgers University.
In 1949 he joined the Harvard
economics research project
which, financed jointly by the
Air Force and the Rockefeller
Foundation, developed basic
techniques and data for what
eventually became the interim
dustry research program of the
federal government. When the
scope of the program expanded,
he Joined the Budget Bureaus
office of statistical STANDARDS.
His particular responsibilities
included studies of capital struc-
ture, time phasing, critical ma
terials and price indexes. He
left the Budget Bureau to join
Rand in 1858.
A native New Yorker now liv.
ing in Washington, DR.. Crosse
is a member of the American
Economic Association and the
Royal Economic Society and is
a member of the board of trus.
tees of the Federal Statistics
Users Conference. His extensive
list of publications dates back to
1913.