davidaulloa/AmericanStories huggingface dataset:
Evening star., 1963-01-28
GIN Profit and Sales
Set Record in 1862

NEW YORK, Jan. % (AP)
Motors Corp. today
reported record profit for any
company for any 12-month pc
riod.
The Nations No. / auto
maker estimated 1862 net in
come at $1.45 billion, equal to
$50 a share, or up more than
so per cent from 1861 earnings
Of 1898 million or $3.1l a share.
GINS previous high was
$1.189 billion in 1855, the auto
industry's best year. That also
was the first time any firm
ever topped the billion-dollar
mark in profits.
GIN sales last year were esti-
mated at $14.6 billion compared
with $11.4 billion in 1861 and
the previous high of $12.7 bill
lion in 1860.
The record one-year profit
for a company was SLAP bill
lion earned by American Tele-
phone and Telegraph Co. in the
IL months ended November 80,
1862. That company has not yet
released figures for calendar
Evening star., 1963-01-28

1862. In 1861 AT&T cleared
$1.2S billion.
Sales of cars and trucks in
1862, General Motors said, to-
tailed 5,239,00O units, 4 per cent
above the previous record year
of 1855 and 30 per cent higher
than the 4,037,000 units sold
in 1861.
Dividends last year also were
a record amounts a share
being paid to holders of COM
mon stock.
The company said the $3.50
million in common stock divi-
dends is the largest amount
ever paid by an industrial firm.
Earnings per share of COM
mon stock last year were $50,
of which $210 Of each share
was reinvested in the business.
The reinvestment compared
with 81 cents per share in 1861.
For the fourth quarter ended
last December 81, GINS net in
come was estimated at S497
million, compared with 1854
million for the same period in
1861.
Evening star., 1963-01-28

ern Europe and all the coum.
tries of the Free World partici-
pating."
The United States, he said,
has taught old Europe what
potential is under a free enter
prise system"
Temperatures being what
they have been in most of the
United States, it seems news
worthy to note that 40 per
cent Of all full-sized Oldsmo-
biles are currently being order
ed with air-conditioning. It is
the highest demand since auto
air conditioning was introduc-
ed In 1852.
- 4
Soon you'll be hearing about
POntiac's full-transistor igni-
ton system being offered as
an extra-option, the first by
a domestic manufacturer.
Basic operation OF the ig-
milton system is about the
same as the system in your
present car, except that a mag
netic timer and a transistor
switchbox replace the usual
distributor points and conden-
ser.
Its purpose: Better perform
ance, particularly on high-per-
formance engines; more econ
omy and better maintenance.
Evening star., 1963-01-28
: By SYLVIA PORTER

been borrowed by the Treas
ury.
How has 1t been borrowedp
Almost entirely outside OF the
banking system - which is
the heart Of the whole matter
United States corporations
have bought large amounts OF
the Treasury's short-term Sc
curities and have put their ex-
ira cash into Treasury I.O.Us
instead Of spending II. Foreign
investors and foreign central
banks have bought big chunks
OF the Treasury's IO.US and
have been investing their extra
cash instead Of spending IL.
There is nothing inflationary
about these operations at this
time.
Had the Treasury borrowed
the money from the United
States ban king system,
though, the picture could be
drastically different. For when
banks buy the Treasury's Sc
curities, they simply place a
deposit In the Treasury's name
on their books; they put up
only a fraction Of their own
cash. When these deposits in
the Treasury's name are on
the books OF the banks. the
Treasury has the money To
spend.
AS the Treasury spends the
money for goods and services,
the extra cash goes into the
hands Of the public IN the
form Of profits and paychecks.
This means the nation has
more buying power - and un-
Evening star., 1963-01-28

ing IN a Speecn DeIOre the
leagues legislative conference
at the Statler-Hilton Hotel.
The proposal was an apparent
bid by sails to capture some
OF the retirement savings that
will be set aside by self-em-
ployed people. He estimated a
minimum OF SIS billion will be
deposited or invested by people
such as farmers and doctors
within the next few years under
a. new tax plan voted by Con-
gress in 1862.
Program Outlined
The program, called the Self
Employment Tax Retirement
Act, permits such a person to
contribute up to $4,000 a year
to his own retirement plan, with
half Of this tax-dedcutible.
About 7 million people are ell
gible.
The Treasury recently an
nounced a special bond de-
signed to attract such pension
savings. and it is obvious other
institutions will be seeking
these funds as the program gets
rolling.
Mr.. Strunk noted that banks
with trust departments have
the Jump on other institutions.
because the bill specifies that
such retirement funds must go
into some kind Of institution
with custodial powers, such as
trusts, or into Government
bonds or life insurance annui-
ties. So banks without trust
Evening star., 1963-01-28
METALS

NEW YORK. Jan. 2s (AP).-spot
nonferrous metal prices today: copper
Lead iOh cents a pound. New York.
Zinc llh cents q pound, East st.
Louis. Tin ll4h a pound, New York.
Foreign silver 1885 per troy ounce,
New York Pittsburgh scrap steel No. /
heavy was quoted BY Iron age at
"a .O0-2S.OO.
Evening star., 1963-01-28
Cresup Named

NEW YORK, Jan. % (AP).-
Mark w. Cresap, jr., president
and chief executive officer of
Westinghouse Electric Corp.
Pittsburgh. has been named
national chairman Of the
United Community Campaigns
Of America.
Evening star., 1963-01-28
BUSINESS
BRIEFS

Construction Contracts
awarded in December over the
Nation totaled $3,l98,38l 900.
an increase Of 1870 over the
December, 1861. The heavy en-
cheering category jumped
58%o.- F. w. Dodge Corp.
Evening star., 1963-01-28

powers and the S&Ls are not
now able to capture this busi-
ness.
Special Accounts Urged
The speaker suggested both
sails and banks be permitted
to create special restricted saw
ings accounts which could be
offered only to self-employed
persons. Additions to such ac-
counts and accumulated earn
ings could not be withdrawn
until the person reached the
age Of 591a, a feature similar
to the new Government bond
issue.
Among supporting arguments
for the idea, Mr.. Strunk said
it would help keep savings at
homo in communities where
they belong" instead of flow
ing to the big financial centers.
Evening star., 1963-01-28
New Type of Account
To Aid SeIf-EmpIoyed
Proposed for S s Is
BY TRUMAN r. TEMPLE
Star staff Writer

national savings and loan official today proposed the
creation Of type of restricted savings let
employed take advantage of retirement benefits
through S&LS
Norman Stnk executive vice president Of the United
States Savings and Loan League outlined the idea this
Evening star., 1963-01-28
YOUR MONEYS WORTH
How Deficit
Is Financed

The key point about the ses.s
billion budget President Ken
nedy has submitted for the
year starting July / is not
that it's in the red. l964's bud
get is billions in the red and
nothing Congress is going to
do will change this fact.
Rather. the key point TO the
health OF the economy and the
dollar is how this deficit is
financed.
The method OF financing the
deficit can Cd lay the base
for another inflationary up
surge and weaken the dollars
value. Or II can 90 have some
stimulating impact on tn c
economy, Just because the gov
ernment is putting more mon
ey into our pockets than II is
taking out In taxes. But 1t
must not flood the business
stream with extra money. set
off another speculative spiral,
or undermine the dollars value
here or abroad.
This is the crucial point. but
II is so much in the sphere OF
technical high finance that
very few people out Of WASH
ington grasp what II means.
Handling The Deficit
Consider what is happening
10 this years budget deficit.
We are running a budget
deficit now estimated at s8.s
billion. Most Of the money TO
cover this deficit already has
Evening star., 1963-01-28
OVER COUNTER

Following prices furnished by the Ma
tional Association of Securities Dealers in
Washington represent the range within
which locally active securities could have
been bought or sold at pm. Monday,
January 70, 1853:
Banks and Insurance CompanIes-
Evening star., 1963-01-28

less the supply of goods and
services also rises. the base for
potentially inflationary price
increases is established.
Today. there are no short
ages of goods and services.
Today, the supply Of money
and credit is ample, but 1t is
not flooding the business
stream. The Treasury has
managed its borrowing in a
primarily non initiation ary
way. The Federal Reserve Sys-
TEN has kept its control over
the money supply. The result is
that price initiation is hardly
a problem now.
Key Men Agree
What about next years bud
get? II must be financed
mainly out of savings - not
out of bank-created money. in
sists Federal Reserve Board
Chairman William McC. Mar
tin. Mr.. Kennedy has said
flatly and publicly that he
agrees with this. Treasury Sec
retary Dillon and Treasury Un-
dersecretary Roosa go along
with this too. SO does the
Presidents chief economic ad-
wiser. Walter Heller.
Interest rates will be kept.
high enough 10 attract nom
bank investors 10 Government
securities.
A rise in the rate paid on
United States savings bonds
from the present maximum OF
3A per cent 10. say. 4 per cent
would be a reasonable move 10
appeal 10 small investors.
When and as tax cuts 90 into
effect, the Federal Reserve will
assume a defensive role -.
meaning II will keep a lid on.
the money supply.
This years $8.8 billion den-
cit is not causing initiation.
Next years deficit need not do
so either II all depends on
how the deficit is financed.
Distributed 1883 BY The Hail syn.
dicats, Inc All Rishts Reserved.
Evening star., 1963-01-28
TREASURY BONDS

NEW YORK (AP)-NOon over the
counter us. Government Treasury bonds,
bld, asked, net change and yield for
Evening star., 1963-01-28
AMERICAN STOCK EXCHANGE
Sales High Low 400 Chs.


Following
Evening star., 1963-01-28
SILVER SPRING, ND.

ORR BUILDING. Modern new
5000 squore feet, 5-story Of
flee building scheduled for April
1868 completion. a. 50.
#. olreody leosed to opero-
tions Reseorch, Inc. Air condi-
toned, hieh-speed elevators,
parking, oVoiIobIe os entire
floors Of 10000 square feet or
smaller units.
Evening star., 1963-01-28

Two new office buildings. Mid
town locations, scheduled for
lote 1868 ond eorly 1864
occupancy. Available in units Of
1000 squore feet or larger.
Minneapolis spokesman., 1963-12-19

The
!; BELL

DOLeS Ualery In san FRANCISCO.
Tropical Park, Florida has con-
tributed another first" to the
sports scene in the person of %
year old Bob McClrdy.
Bob is an apprentice jockey out
of Atlantic City, NJ. The first"
comes in the fact that he is the
only Negro jockey ever TO ride at
Tropical and, as near as anyone
can remember in Florida.
The Los Angeles Dodgers an
nounced the signing of Kenny
Washington, Jr., star outfielder for
the University of Southern Cali
fornia. Young Kenny will report to
the Santa Barbara Club of the
California League.
The Chicago White Sox feel that
the International Leagues Player
of the Year" Don Buford is ready
to take over second base recently
vacated by Nellie Fox who was
traded Ito Houston.
Tom Hawkins, the ex-LaI1er
and now a member Of the Gin
cinnati Royals, was sheIved re-
Gently with a sprained ankle.
Tom is up and jumping again for
the surprising Cincinnati Club.
Brad Pye, of the Los Angeles
Sentinel, mentioned in a recent
article that Anthony Dorick and
Charley Thomas are in his opinion
the best pair of backs he has ever
seen ON a college team.
Lorick and Thomas play for
ELAAOuh oLdSOC OuNCLbAOyD OOOu
weigh around 2O7, have great
speed and are dazzling runners.
Lorick was drafted number 1,
by the Oakland Raiders of the
American Football League and
Thomas number 1, by the Wash
inptOn Redskins.
1t is rare when you can find two
number 1, draft choices in the
same college backfield.
Bill Mmsey, the fine defensive
halfback who helped Vancouver
capture the Western Conference
title in Canada, is back in town
Bill said he will be around until
next summer.
Minneapolis spokesman., 1963-12-19

Crea Brothers 221l
Service Loan 1215
Team High Single Game: Sun.
Observer, 983; us. Upholstering
$50; Service Loan, 914.
Team High Series: Sun-Observer,
2763; us. Upholstering, 2657 and
Lawn Service, 1925.
Individual High Single Game:
Melvin Stone, 235; Ronald Ed
wards, 211 and Howard Barrett,
2O4.
Individual High Series: Melvin
Stone, 637; L. C. Hester, 545 and
Howard Barrett, 534.
Minneapolis spokesman., 1963-12-19

Bill Mumsey, the fine defensive
halfback who helped Vancouver
capture the Western Conference
title in Canada, is back in town.
Bill said he will be around until
next summer.
Minneapolis spokesman., 1963-12-19

The bowling population Of the
mill City" is all agog about the
forthcoming WIBC national tourn-
ament, which will be held starting
April 8, 1864. Most of the readers
of these papers, are already aware
of the time and place, the entry
fees and dead line for entries.
We think it would be in the in
terest of the Minneapolis girls to
give them the date of the deadline
for their entries as given us by the
director of publicity: your dead
line is on or before January Z,
1864, the national deadline is Janu-
ary 10. st. Paul entries closed De-
cember 10, so if st. Paul bowlers
have not long since entered they
are out. Don't let this happen 30
you Minneapolis bowlers.
TWIN CITIES LADIES
DcCcInDeF III
The gallery seats were almost
all empty Tuesday until the last
half of the session, at that time
the regulars Beatrice Walton,
Richard Crum and Albert Darby
came in, Gertrude Blal1ey and
Robert Turner "a Marine buddy"
of Darby ond Crum was giving his
reason for being a Marine.
Two first nghters", Edie
Thompson and Rosemarie Thomp-
son were quite interested in the
action, Ceceila Bush came to en-
courage her friend Raye. Lee Dowd
was the quiet one looking on.
Minneapolis spokesman., 1963-12-19
TWIN CITY
Pin PATTER
BY LOUISE THOMAS
Midway 5-8373

and Jansen Liquors, 1912.
Individual High Single Game;
Jean Brooks, 214; Madge Jackson
and Edith Watson, 100 and Lillian
Finley, 1873.
Individual High Series: Jean
Brooks, 561; Georgia Canton, 5O3
and Gladys Mcfarland, 473.
TEN STRIKE LEAGUE
December 10
Points
Lexington KwIK Shop 40
us. Upholstering 40
SUM Observer 38
Lawn Service 32h
Johns Standard Service 2Sb
Attuclcs-Brooks 26
Minneapolis spokesman., 1963-12-19

square D6dl DqUOIS II %
Team High Single Game: Brooks
Funeral Home, S61; Coleman Loan,
842 and Associated Sales, 937.
Team High Series: Square Deal
Liquors, 23S7; Jimmy's DIX, 2343
Minneapolis spokesman., 1963-12-19

The Christmas season
would not be complete
or a haPPy one If we did
not take this opportunity
TO thank our m a ny
friends for their support
and patronage.
The Sidney herald., 1963-02-06
Eighth Grade
Students Take
Learning Tests

Students in the eighth grade
of the Sidney Junior High
School wrote the revised form
of the Metropolitan Achieve
ment Tests, according to Leo
Anderson, Principal.
The tests measure how much
a student has learned in COM
parison with thousands of
other boys and girls at his
grade level. Skills and content
areas measured were: word
meaning, reading, spelling, Ian
guage and language skills,
arithmetic computation and
arithmetic problem solving and
concepts, social studies lnfor-
nation and social studies study
Skills and science.
The school counselor, Mrs.
Jimpsie Miller, after discussing
each child's test results and
educational plans, will issue a
profile sheet which shows test
results and will encourage the
student to take it home to his
parents.
The results can be useful
to the Individual, his parents,
and teachers in indicating his
strengths and weaknesses and
in planning the school courses
that should be taken next year.
The Sidney herald., 1963-02-06
'o3 Feed Grain Program
Signup Begins Feb. |

McKenna listed the follow
ing principal features of the
1868 Feed Grain program: %
the program is voluntary; CD
1t applies TO corn, grain sor-
ghum and barley, for which
crops the base acreages are
added together into one "feed
grain base" for the farm; 60
program participants must take
at least 20 percent of the to-
tai base out of production and
devote such acres to a conser-
walton use; () a program par
t1clpant must not exceed the
feed grain base for any other
farm in which he has an in
tereSt in the feed grain crops:
90 diversion payments will be
made to participants for shift
ing acreage from production
into conservation; co price
support payments Q8 cents a
buShel for corn, IA cents for
barley, and 16 cents for grain
sorghum) will be made to pro
gram participants on the nor
NAL production of their 1868
feed grain acreage, no matter
what use is made of the grains;
Cd regular price-support loans
and purchase agreements on
the three feed grains will be
available only to participants,
and they will be available on
the entire 1868 production of
the three feed grains.
The Sidney herald., 1963-02-06
Savage Church
Elects Officers

United Church of Christ in
Savage elected officers for the
coming year at the annual
meeting Sunday, Rev. Leo
Buechler said.
Moderator is Allen Darnell;
treasurer, Mrs. Robert Seeve;
clerk, Mrs. Delmer William;
trustee, Robert Gregg; deacon,
Walter Binder; deaconess, Mrs.
Ruby Smith; supt. of the
church school, Mrs. Jane
Odenbach and organist, Mrs.
Allen Darnell.
The congregation voted to
continue its Livestock Feeding
Program for another year.
Members presently have IL
head of cattle and about 80
head of sheep on feed. The
animals are bought by the
church and placed in members
feedlots where they are fatten-
ed. Proceeds of the program go
to church funds.
Members are also planning
on building a new front en-
trance to the church when
weather permits construction.
Rev. WILDER Simmons, State
Conference Minister, was g
guest at the meeting, which
was preceded by a pot luck
dinner.
The Sidney herald., 1963-02-06
1t. VIM. Goss
IS Reassigned
To Denver

Second Lieutenant William
K. Goss of Sidney, Mont, is
being reassigned to the Air
Reserve Records Center at
Denver, Colo, following his
graduation from the United
States Air Force technical
training course for statistical
services officers here.
Lieutenant Goss was trained
to control and interpret data
used in direction, planning and
coordination of programs In a
statistical services office.
The lieutenant has a BIS. de-
gree from Montana State Col
lege and a MS. degree from
the University of Arizona. A
member of Kappa Sigma and
Phi Kappa Phi, he is the son
of MIR and Mrs. Kenneth Goss
of Sidney. Lieutenant Goss is
married 10 the former Monica
E. Wright of 1041 Wilder Ave-,
Helena, Mont.
The Sidney herald., 1963-02-06
Funeral Services
Were Held For
BertIe Wind

Funeral services for Berthe
P. Wind, long time resident of
the Savage area were held at
2:30 pm. Tuesday, Jan. %, in
First Lutheran Church at
Savage with the Rev. James
H. Hanson of Glendive conduct
ing the service.
Mr.. Wind died at the North
ern Pacific Hospital in Glen
dive Jan. 19.
He was born at Akron, Col
orado, Jan. %, 1894, a son of
Mr.. and Mrs. Bertel P. Wind.
While he was still a child, he
moved to I~iillroSe, Colorado,
with his parents and grew up
there, attending local schools.
He married Martha Rasmussen
at Hillrose on Feb. 18, 1914.
After farming in that area for
a number of years, they came
to Sidney in 1885, remaining
here until 1888. At that time
they moved to a farm near
Savage where he farmed until
his retirement.
He was a member of First
Lutheran Church and of Low
er Yellowstone Lodge No. go
AT. & AM. at Sidney.
Surviving are his wife, Mar
tina; three sons, Harold Wind
and Eugene Wind, both of
Savage and Duane Wind Of
Humboldt, Iowa; two daugh-
ters, Mrs. Dale Enghusen O
Glendive and Mrs. William
Kyle, Holloman AFB, New
Mexico; two brothers, Dean
Wind, Brush, Colo. and Louis
Wind of Kimball, Neb. and 20
grandchildren and two great
grandchildren.
At the service, Mrs. Oscar
Larson was organist. Don Price
sang "The Lords Prayer" and
Mrs. Edward Kristiansen sang
Face to Face"
PallbearerS were Leonard
Hagler, Clifford Bach, George
Rice, Jr. John Gear, Lawrence
Tanglen and Albert Petersen.
Cloyd Gorder Mortuary had
charge of arrangements and
burial in Riverview Cemetery
at Savage.
The Sidney herald., 1963-02-06
Altman Jacobson
Completes Course

Altman Second Glass Roger
J. jacobson of Sidney has COM
pleted the United States Air
Force technical training course
for air armament mechanics
here.
Airman Jacobson learned to
isolate and repair malfunctions
and perform checks and adj
iustments on the armament
system of the F-105 jet fighter.
He will remain here as an in
structor in his new technical
speciality.
The Sidney herald., 1963-02-06

Farmers who grew corn,
grain sorghum, or barley on
their farms in 1859 or 1860
are now able to sign up to
participate in the 1868 Feed
Grain program, R. j. McKen-
ma, chairman of the Montana
Agricultural Sterilization and
Conservation State committee,
said today.
The signup period for the
voluntary feed grain program
has been set for February l
through March %.
The same signup period will
apply to farmers in Montana
who want to take part in the
1868 Wheat Sterilization pro-
gram.
The Sidney herald., 1963-02-06

AT home run your card
black circle and your mys-
under the faucet. Rub the
terry letter appears. It may
be G. A. S or Fl.
The Sidney herald., 1963-02-06

Get a FREE Spell Cash
card every time you visit
SafewaY. NO
NECESSARY.
Evening star., 1963-04-21

TINS week 1sso,'.. I As'H a.. 1888
Evening star., 1963-04-21
HAHN SHOE STORES

Ae~onddo Vo-condon Vo7 come VoPinee
Evening star., 1963-04-21


pgsn natures naturally
brisk brushing They're
5wdhs
I~ ~
Evening star., 1963-04-21

Washington, DC, Silver Spring, Nd, Parking, Va.
Prince Georges Pozo, Nd, NARROW Heights Nd.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-22
Pope Announces Program
ToModernize Curia Romano

ture and adding depth to It's
spiritual conscience not only
finds resistance on the part Of
the center Of the church, the
Roman Curia, but also finds
that same curia In the vanguard
Of the perennial reform always
needed by the church as a hui
man and earthly institution"
The ranks Of the Curia in
clude such cardinals as Alfredo
Ottaviani, Secretary of the Va
tican Holy Office. and Angus
tin Bea, German-born head of
the Vatican's secretariat for
promoting Christian unity.
Cardinal Ottaviani is consi-
dered a strong conservative,
Cardinal Bea a progressive
leader.
Pope Paul said a need for re-
form in the Curia "is not only
easy to contemplate. but is also
well desired" The last changes
were in the 1917 Code Of Canon
Law.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-22
Boys Confession
Solves Rock Raids
On Coast Homes

SAN DIEGO, Calf, Sept. 81
(AP).-The week-old Lomita
Village rock bombardment case
is broken, along with scores OF
windows.
Police said Frank Scully, IS,
whose own home was hardest
hit, admitted being the mys-
terious rock tosser after q lie
detector test late yesterday.
They said the youth told them
he just wanted to create some
excitement.
Rocks the size of golf balls
began hurting over rooftops
last Saturday. Window panes
broke on all sides, Is in young
Scully's own house. An H.
year-old girl was hit on the
head. Mothers called their
children in before 4 pm. each
day, when the bombardmentS
usually began. Nervous home
owners barricade d windows
with plywood or blankets.
Police started questioning the
Scully boy when he reported
getting a mysterious note,
which police said he sent him
self to heighten the drama.
He was charged with mali
cious mischief and taken to
juvenile hall.