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The Indianapolis Star from Indianapolis, Indiana • Page 30

Location:
Indianapolis, Indiana
Issue Date:
Page:
30
Extracted Article Text (OCR)

THE INDIANAPOLIS STAR- PAGE 27 SATURDAY, OCTOBER 19, 1968 NINE GAMES ON SMALL COIXEflE SLATE YOUR MOmVS WORTH Teace Rally' Again Pushes Franklin In City Test Paying For Debt Pooling Opposed By SYLVIA PORTER a "Let us consolidate and arrange to pay all your bills, with one low payment you can afford "Consolidate your debts. Reduce your monthly payments by 50 per cent or more Tempting? Sure, if you're among America's in their homecoming tilt. Valparaiso dropped its first two games but is now 2-2 for the year. Ball State hosts injury-plagued DePauw and looks to even its record after losing to Eastern Michigan last week, Earlham, 1-1-1, in a game at Richmond. Anderson, 3-1, meets outside foe Bluffton at Anderson, Manchester, undefeated until last week 'when Hanover upset the Spartans, tackles Defiance, at home.

Hanover, 2-2, hosts winless 43-7. The Tigers, minus six players, are 4-1 going into the tilt. IN OTHER HCC action, Taylor will try to improve on its first place position when it pits its 3-0-1 mark against pro vgy BASKETBALL SCOREBOARD Panthers Win Tech Meet families overloaded with monthly instalment debts and unable to keep up with the regular payments which you have pledged to -make. The lures also are tempting if you're among the poor and ill-educated who don't suspect what may be behind them. The name of the game may be "debt adjusting," "debt pooling," "debt lumping," "debt liquidation," etc.

But the rules are the same for each: You, the financially overburdened family or individual, agree to make regular pay North Central's Panthers placed four individuals in the top 10 and rushed away with their third consecutive Tech Sectional cross country title at Riverside yesterday while Greenfield's Tom New swept top individual honors with a 9:51.6 clocking. ments to a "debt adjuster" who, in turn, agrees to distribute this lump sum among your various creditors each week or each month. The sum you arrange to pay the debt adjuster probably will be less than the total you had been paying because the adjuster will try to persuade your collectors to stretch out the period over which your debts will be paid. By BILL BENNER Butler's Bulldogs, derailed last week by Valparaiso, are looking to get back on the right track tonight at Evans-ville when they take on the Aces in an 8 p.m. game under the lights.

And Indiana Central hopes to prove that its new way to travel, by air, is the only way to go when the Greyhounds tackle Franklin at home in a 2 p.m. bout. These games top the Indiana small college nine-game weekend slate as the squads prepare to move into the second half of the 1968 football season. THE BULLDOGS, who only a week before had gone on a point binge against Indiana Collegiate Conference foe St. Joseph's and walloped them 49-14, fumbled the ball away last week to ICC rival Valparaiso and lost, 10-7.

The Bulldogs, with a 1-1 conference mark and 1-4 overall, hit the road to challenge fivansville and its 1-3 record, q-1 in the ICC. Tony Hinkle's lads probably will be holding on to the ball just a little tighter tonight. Indiana Central, 1-3 for the year thanks to a brilliant display of passing by quarterbacks Bill Tutterow and Dave Verhonik which carried the founds to a 32-7 victory over Rose Poly last Saturday, entertain Franklin in a Hoosier College Conference battle. IthE GRIZZLIES, 1-4, will have to stop the passing of the two Greyhounds as ttey combined for three touchdowns and over 300 yards in tjie air in last week's victory. Independents Indiana State, 41, and Ball State, 2-3, will seek victories when they meet Valparaiso and DePauw respectively in 1:30 p.m.

mati-nfes. The Sycamores will face what is rapidly becoming one of the state's better college teams when they meet ttye Crusaders at Valparaiso 1 (college Cross Country DePauw 15, Hanover 50. tup CTTTTTTTl The Panthers wound up with 36 points while meet host Tech was a distant second with 108 and Arlington, the final team qualifier for next week's regional, was third with 128. HARRY PENINGTON led the North Central romp, grabbing second place with a 10:12 1 king. Lasalle Thompson grabbed sixth with 10:18, sophomore Rick Stover seventh with 10:19, and Dave Porter ninth with 10:20.

The fifth man to place and count in the team scoring, Warren Hotte, was 12th with a 10:24 time. With the exception of Greenfield's classy New, Ken Ran-die of Shortridge in fourth and Jim Keith of Cathedral eight, Marion County individuals grabbed seven spots in the top 10. Dwight Stewart of Lawrence was third, Don Muir of Speedway fifth, and Marty Hill of Brebeuf 10th. Southport wrapped up its own sectional meet, slamming all four places for a mere 19 points. Dennis Vessels was first followed by teammates Gary McKay, Dan Emery and Max Ashby.

Decatur Central grabbed second place with 91 points. Around the state, defending champ Muncie Central got off on the right foot with a victory at Anderson and outstanding Mark Bir of West Lafayette turned in a sizzling 9:29.8 to wipe out the Delphi Sectional mark of 9:35.7. H.H. at Riverside INDIVIDUAL RESULTS (Top oualify tor regional): I. Tom New.

Greentleld; 2. Harry Penington, North Central! 3 Dwight Stewart. Lawrence Central: 4. Ken Randle, Shortridge; 5. Don Muir, Speedway; 6.

Lasalle Thompson, North Central; 7 Rick stover, North Central: I. Jim Keith, Cathedral; 0. Dave Porter, North Central; 10. Marly Hill. Brebeuf.

Winning time TEAM SCORES (Top tdvanct to regional); North Central 34. Tech 108, Northwest 12(. Cathedral 135, Speedway 1B9, Greentield 314, Warren Central 231 Ben Davis IV. Arlington 343, Lawrence Central 351, Pike 712. Brebeuf 30, Carmel 318.

Marshall 3S7, Broad Ripple 360. Scicina 370 Shortridge 383. Hamilton Southeastern 414, Crlspus Attucks 490, New Palestine 496, Eastern Hancock 509, Deaf School 558, Mt. Vernon 563. AT SOUTHPORT Qualifying teams: Southport 19, Decatur Central 91, Wood 109.

Individuals: Dennis Vessels, Southport, Gary McKay, Southport; Dan Emery, Southport; Max Ashby, Southport; Don Williams, Wood. AT TERRE HAUTE Qualifying teams: Brazil 47, Gerstmeyer 95; Wiley 100. Individuals: Don Fineran, Brazil, BiM Keller, Fountain Central, Dick Gasway, Brazil; Steve While, Gerstmeyer; John Higains, Scrtulte. AT LOGANSPORT Qualifying teams: Lugansport 48; Kokomo 80, Tipton 98. Individuals: joe bmlih, Lociansnort, Mike Floyd, Tipton; Dave Lloyd, Rocnester; Rod Harterv, Kewanna; John Ulery, Logansport.

AT BLOOMINGTON Bloomington 62, Vincennes Lincoln 95, doc wood 142. Individuals Samuel Baynes 'Edqewood), 2, Tom Alwine (Bloominglon); 3, Dave Early (North Knox); 4, Doug Tvte (Bloomington); 5, Robin Shipman (Bedford). AT SOUTH BEND Qualifying teams: LaSalle 47, Michigan City Elston 56, South Bend Adams 81. Individuals: Garry Schroeder, Elston, Doug Snyder, LaSalle; Doug Miller, Elston; Dale Mais, Adams; Mike Mannon, Mishawaka. AT DELPHI Qualifying teams: West Lafayette 44, Lafayette Central Catholic 59, Frankfort 83.

Individuals Mark Bir, Lafayette Central Catholic, 9:29.8, Dan Bir, Lafayette Central Catholic; Scott Jackson, Carroll; Gordon Greenman. West Lafayette, Steve Leatrrerman, West Lafayette. (Winning time new Delphi Sectional record. Old Record 9:35.7 by Mark Gibbens, West Lafayette, 1963). AT ANDERSON Top three teams: Muncie Central 39, Arderson Madison Heights 86, Pendleton 131.

Too five individuals: Ron Purtlebaugh, Muncie Central; Mike Lacttienbeiser, Muncie South; Al Esles, Westfield; Eric Hansen, Muncie Central; Greq Johnson, Anderson Madison Heights. Winning lime 10:07.6. AT CROWN POINT Highland 23, Crown Point 81, Lowell Individuals 1. John Stivers 2. ve Bell (Highland); 3, Jerry Stasnv (Hammond Clark): 4, Richard Btfonsma (Lowell); 5, Mike Dugger (Highiand).

AT NEW CASTLE New Castle 42, Richmond 74, North Dearhom 143. Individual winners: Darrell York (NO, 9-47 Ed Miller (Tri), Harrv Wilson (NO), Dennis Dierckman (Betesvllle), Allen Feeley (NC). AT JASPER Evansville Mater rei 83, Evansville Norh 94. Princeton HI. Individuals: Randy Bauer of Evansville Pe Mundi, 2, S'mnn Davis, North Cenlrsl Ramsev; t.

Larry James, perrv C'ntral; 4. Victor Betz, Dubois; 5. Robert Bet' rt-" AT PORT WAYNE Qualifying Teams: Fort Wayne North 56, Fort Wavne Snldr 77. New Haven 74. Individuals: Nil Fort Wayne North.

10:12 Glenn Hines, Fort Wavne Central: ed on. Fort Wavne Snider: Tim 7unibauqh, Fort vVarne North; Gary Pocppner. AT ELKHART Oualifvlno individuals 1, George Noble 76 Concorrf 79 OuallfQylrn Individuals 1. Georoe rompton, Prairie Heinhts; 3. Chuck Baler.

Elkh.rt: 3. Genre Cnk. PI, mouth; 4 Bill Werrn. Wet 5. Jerry Jamison.

Concord. Time 0:54. Unlimited opportunities await Job-seekers in Quick-Action Want Ads. NBA Eastern Division Pet. GB Baltimore; 1- 0 1.000 Boston 1 0 1.000 Cincinnati 1 0 1.000 Ph adeoha 1 0 l.uoo Milwaukee 0 .1 .000 1 New York 0 1 .000 1 Detroit 0 2 .000 IVa Western Division Chicago 2 0 1.000 San Diego 2 0 1.000 Phoenix 1 0 1.000 Vj Atlanta 0 1 .000 Los Angeles 0 1 .000 I'a san Francisco 0 1 .000 iv2 Seattle 0 2 .000 2 Thursday's Results San Dieno 139.

Seattle 110 Only game scheduled Tesieroavs eames Boston 106, Detroit 88. Phoenix 116, Seattle 107. San Diego 123, San Francisco 108. Philadelphia 114. Los Anoeles 9s.

Only games scheduled Todays Games Boston at Chicago Milwaukee at Atlanta Detroit at Cincinnati Los Angeles al New York Philadelphia at Baltimore San Francisco at Seattle Only games scheduled. Tomorrow's Games Baltimore at Phoenix Only games scheduled. ABA EASTERN DIVISION Yesterday's Ker- ts Oakland 144. Indiana 133. Only game scheduled.

Tonay-s oames Oakland at Kentucky Omy game scheduled. Sunday's Games No games scheduled. Laverne Hanover Triumphs Again Westbury, N.Y. (UPI) La verne Hanover, one of the outstanding two-year-old pacers in harness racing history, overpowered eight other juveniles last night to win the $83,365.37 Roosevelt Futurity inaugural event of the final 50-night meeting of the year at Roosevelt Raceway. Laverne Hanover, owned by Thomas Murphy of New York, N.Y..

posted his 21st victory in 22 outings and in creased his career earnings to $168,893. Mooresville Blanks Casca.le, 20-0 STAR STATE REPORT Mooresville. Ind. The Mooresvile High School football team won from Cascade last night, 20-0. Joel Wiliams made two of the Pioneers' touchdowns on runs of 6 and 2 yards.

Doug Shrake accounted for the other on a 15-yard run. Mooresvllle 7 0 6 720 Cascade 0 0 0 0 0 Wiliams 2, Shrake. PAT: Oell, Raymond. Pleat Do Not Confuse These Can With The Ordinary Stripped Down Models. They Have The Extras That Make For Your Enjoyable Driving.

All Included In The Sale Price. iza Stocks Higher New York (AP) Wall Street's "peace rally" continued yesterday on much lower volume than Thursday. The Dow Jones industrial average, which was up only 1.56 at noon, ended with a gain of 8.58 at 967.49. For the week, it was up 17.90. This put the closely watched indicator at its highest level since Feb.

18, 1966. BLUE CHIPS were strong as the various news reports kindled hopes of peace in Vietnam and brought prospects of a fresh new atmosphere in business and the market. Volume was 15.13 million shares compared with 21.06 million Thursday. Of 1580 issues traded on the New York Stock Exchange, 811 rose and 565 fell. IN A CORP.

was the most-active stock, up V2 at 50 on 224,200 shares. Uncon firmed reports of merger swirled about INA and sparked considerable specula tive buying. After the close, the New York Stock Exchange re ported that the short interest on the exchange had risen slightly to 21,479,611 shares, up 106,075 shares from the month-ago total. This was the highest since August. Prices were generally higher on the American Stock Ex change.

Of 1,025 issues traded, 446 rose and 400 fell. Corporate and U.S. Treasury bonds were mired. Indiana O-T-C Prices Quotations of over-the-counter securities from the National Association of Securities Dealers are representative of the prices at the lime moicateo. inier-ocair markets chanqe throuohout the day.

Prices do no Include markup, markdown, or commission. Oct. II, 4:00 p.m. "Decimals" Art EithIM Bid Asked American tfetcher Nat' Bar 41.4 4 American Income Lift Ins. lt.l American Stales Ins 1.25 iff.

l'l Am Slates Lilt Ins IS 4 20.1 114 27 47.4 5 IS 14 14 11 14 14 4 17 41 4 1.7 4 4 1 14.4 17.1 14 1S.I Associate Lift Insuranct 2 L. S. Avres com L. S. Ayres Bankers United Lift J-l Bio Dynamics Buehler Corp com 13 Coaxal Slates Lift IS 1 rntieaa ft ite Insurance 30 Commonwealth 4 ld.

St Consumers National Lift 13.1 Credilhrift com. 34 4 Credilhlllt 4' til 41 Duncan Electric 24 Eouitablt Securities IS Esterline Ct't 1 Farm ant Home Insuranct 11 rsl Eeuiry S-c ln. 1 First United Lift 1 Foster-Fortei Glass com 14 4 Foster-Forbes CI S'lU 43.1 Frankln Electric 241 Franklin National Lift 12 General Automotive Parts IS 'Gen. Tel. of Ind $2.00 Pld.

30 4 Gen. Tel. tf Ind. 12 SO tfd. It Haee.

Drue Hamilton Ctsct 144 Hamilton National Lift I Herff Jones IS Hook Druit 45.4 Indiana Gas 15.4 Indiana Insurance 21 Indiana Natitnal Bank ..44 171 7 154 It 14 4 47.4 Indiana Ttl Ctrt 4.10 I4 44 Indiana Ttl Corp 5e tt Indiana Tel Corp pld 71 Indianaeehs Water 10.1 10 0 Indianeeoht Water 4'4e pld 40 Indianapolis Water 5 pl 70 Inland Container Ctrp 3 40 4 Jellerso Corp 14.1 17. Jeffrrson Natitnal Lift 104 Livmen Lilt Ini 41 .44 Ell LiMv Co 153 4 155.4 Lilly Industrial Cottint A 24.4 Lincoln National Corp 75.4 741 Marsh Suotrmarkets 1M 14 Merchants National Bint 53 Meridian Lilt Ini 12 4 Midwestern Co's 11 JJ Midwestern United Lift 11.4 13-4 Naples Ct 11 111 Really 11 Paul Harris Sltrtt Fenn Centrals 44 47 Froeresi Laundry 11.1 12 1 Renshiire ilectro-Ceetmt 13 1 14.2 Real Silk 7S Scitwep Salt 11 waters Oispalc II 10 Standard Life Insiiranct 14 1 Slatt Security Lilt 14 1 Tvee Cart 11.1 11 Tnkhelm Corp 20.1 11 1 Underwriter's Nal'l Assurenct 14 17.4 llnilied Unaerwriltrt 14 1 14 1 Unified PHndt 10 I United Homt Lilt Unitd International United T'tephnnt 5 Pf wtmeri Cantolidated weh international BONDS American Fletcher 3sS, '00 ftviiie Tel '01 American Security Js. '71 Indian. I Imerlnnn Jt. 'VI f.

to ii 4.4 inn 774 01 7t 70 Indiana Tell Bead 1'iS. '04 00.4 Public Tel 77.4 MUTUAL FUNOS Unified Mutual Shares til II HI 42 'En-dividomt. E'Stork dividend. BEF.F FUTURES Chicago (AP) Livt Oeef futures trading on tht CMcaeo Mtrcanlllt ExcHantt vesttrdev: LIVI IIF CATTLPJ men tew Close 17.00 27.25 14 02 25.07 25.40 2S.52 Octtotr Novtmter December Junt 20 00 27.05 24 12 25 00 IS eO 15 Jl 27.47 17 07 14 41 15.71 1547 25 45 Autusf 2515 25 74 2515 Sales; October 415: November Hi Do cembtr 4vt February lilt April 102; June 07: August I. WESTERN LIVI BEEP CATTLE October U4 75 November Oecember 24 45 Satest October Nevember 1 December i-Bidi '-Ntmiptl WOOL FUTURES New Yort (API-Wool futures advanced ynierny on light Iran Duvmo Vool P'ice abroad were mied.

Wool lops lutures were auiel. Wool Mures closed .4 of cent to 1c hiaher. Huh Lew December 121 I 121 0 Marctt 112 5 111 1 May 122 1 122 1 Clest mi 5 122 5 1121.1 Cfriiiira'ed wont soot 5. Wool too fu'ures closed tuiet. No sales, rerlifiraled spot wool tops 1144.0.

IP; di sNomlnal. i 1 1 i' i aiukw kptcmwi I ocTona Rose Poly, 0-4, in a night game. Independent Wabash seeks its se against three losses as the Little Giants travel to Rensselaer to battle St. Joseph's, 1-4 for the year. Mathes Fires 697 Pin Series A 279 finish Drorelled Jim Mathes to a 697 total which showed the way in area bowling league scoring last nieht.

Mathes also rolled ,194 and 224 games for Post 38 Barber Shop at the Hindel establishment. Best men's team score was a 3.007 by Indianapolis Technical Institute in the South-port Remodeling League at Bowl-o-Mat. The session was paced bv Carl Rettig's 675 and a 667 by Toby Young, Pat Dryer led the women's division with 183-218-235 636 for Tousley-Bixler Construction in the Boh Earl Pro Classic Leaeue at Brodev's. MEN 'T-iim Mt' ftn'MKan 79-Mile -Carl Rottio 7T-bv Ynma "7-Drv Armstrong 'i'-Ewik Prkr M-Vev TrotlrJ M4-M. Krutschaski Mi-Don Rinoins n-io Kina n.Bl, PvritT OS-Charles Oeden fi32-Chanle Parrluh 31-Jrrv ctfr-berg Mann 6W-Dick 3t'mm 456-Paul Brown 'l'' rav Pprl Brhnb l7-Ron Robhins AS-Bb Pnnvon Ho-'oo 412-Fd Foler Ml-ro rioht ll)-l Passn fi9-Bnokr Posley n-CH Rakr Hnry 606-Paul Day 05 Bnb Griffith 05-Prnie Mcintosh iSOS-Fd Connlleld m-Bill Larrlson 04-Puana Bruhn 604-Davld HillTian ni-Rop CeprlrlPr rtnT-FlTipr Brehob 603-Slewe Waogoner l.r,,t Bond 603-wlllls Scobee rvtThi(frnan Moore w-pb Kubik Puckett 602-Paul MrCormick ninye 'm-Bb Collins pftft-Bah ririner 00-Bill Dixon W-RanHv Walker "l-Walt Ha't 2Vne Ato-ppe r-axwell OB-AI Hrk I8-Art Wlngam I7-Dv Hunhes t5--lar-' Prank'in rlU-Don Mirk 13-Dan cole WOMEN in rtr-r "f-Fayt Moore rw.

to DpVar S-Sup planners ni-DnrK Wftnsm-r York W-lolla Mich'lll "D-Pat Itarbuck 521-G. Wllkewllsch o-farv Waterman 76-Dor 5 Rav 7i-Marivn Pittman V-Btt Kinn Doris Johnston Hamill '-Maxin Parker n'Hham SID-Betly Boltman W3-Iuanila Talle l- 'urty Pado-tl Brnita Cory f7-Polly Anql SIVPhyltis Smilh 515-Maoml Shipp 51 4-Alice Clossin 'M-Pltv 2-Fvie A'pron Btner "5-Pai Stent 554-Kath Rocemever 553-Bib Jon 5'4-Mrtha Pension Sll-Marg Bolinger Sin-Mlpn Snvder Thompson -lda Oobbinti 'SO-Opal Dlrvfole 509-Theda Jarklin Keltv 'afj-Connie Roth S47-Sue Fillmore '0-Hpen WPSter "H-Joan Casserly 506-Betty S4-Jean Malott VonrVinmenstein McDaniel 505-Miloe Bond '05-nottip Holt 5ns-Pat Earle 504-1. inda VanMeler Srhrolucke 503-Barbara Griffith 401-Loraine Wessel 5'J-Mrv Newman 141-LavPrno 540-Fye Moore '35-Rose Vorla-'rl 53J-Frances Bollng Stroup lean Cummins Mallory Sg-Aib-rta meats WS-Hiia Crawley 527-Fiiiabilt Stanlieid 527-Anna Campbell W7-Lois Slvnn 4-StelH Bray 523-Arlene Heberl 502-Fdilh OummTsnn W-Judv Black 502-Rulh Kaatz Wl-P. J. Moienhour "01-Lvdia Howard sno-Becxv Graham lOO-Bonnie Nauer Hank's Foe To Be Ballard Light heavyweight Henry Hank will meet Frankie Bul-lard of Toronto, instead of Marion Connors of Canton, in the 10-round main event of noxt Thursday night's pro boxing card at the Tyndall Armory.

Promoter Howard Ladin said yesterday the switch was made necessary when con-nors informed him he would not appear. Bullard, who has beaten heavyweights Vic Brown and Pretty Boy Feldstein, has a 28-2-1 record compared to Hank's 67-12-2. Ladin said he will decide today on what action to take against Connors who signed a contract three weeks ago to appear here against Hank. The Hank-Bullard bout headlines a six-event program. Tickets are on sale at the Ross Babcock Ticket Agency; all local Curley's Cleaners and Jack's Jiffy Car Wash locations, and the B.

and J. Athletic Company. Pioneer Theft Sels Up Vielory Don Britton's 31 -yard run with a pass interception set up the only touchdown of the game last night and enabled Howe to stave off a stubborn bunch of Northwest Pioneers in a high school football game, 7 0. Britton ran to the Northwest 1-yard line and Hornet quarterback Tom Marendt plunged over on the next play, giving Howe its sixth victory against one loss. Northwest, held to 13 yards rushing in the second half, dropped to 1-6 for the campaign.

Northwest 0 0 I Howe 0 7 0 0-7 Howe TD: Marendl PAT: Jones. Jiirfimson Out Washington (AP) Washington quarterback Sonny Jur-gensnn has a cracked rib and may not be able to play in tomorrow's gamf at St. Louis, a club spokesman said Mrs. Porter and Trust Company in charge of auto loans. The appointment was effective yesterday for LePere, with the Ford Motor Credit Corporation since 1959.

A native of Pennsylvania, he has resided here the last 18 months and prior to joining Ford was with a South Bend investment corporation. ANTHONY L. LePERE Ransburg To Pay The board of directors of Ransburg Electro-Coating Corporation yesterday declared a quarterly cash dividend of 12'i cents a share on common stock, payable Dec. 29, 19G8, to shareholders of record Dec. 9, 1968.

MEMOS RANDOM: Mar-craft Products Inc. of Cincinnati has announced the formation of a new company, Marcraft Corporation, which will open a warehouse and sales office in Indianapolis at 1402 Sadlier Circle Indianapolis Chamber of Commerce will present a one-afternoon clinic on how to make letters build business and good will from 1:30 to 5 p.m. Nov. 4 in the French Room of the Indianapolis Athletic Club A new dictation equipment line, "Ex-ecutary," the newest addition to International Business Machines Corporation's line of "word processing" products here, was announced this week by the company's office products division An international training session for instructors of Dale Carnegie courses will conclude here tonight at the Marott Hotel A second generation dictating machine line, called the "Executary," was introduced here this week by International Busniess Ma chines. AFNB Moves To Set Up Holding Firm S.

Edgar Lauther, chairman of the board and chief executive officer of American Fletcher National Bank and Trust Company, yesterday announced a shareholders' meeting will be held Nov. 19 to approve a reorganization plan to form a holding company which would own AFNB. Frank E. McKinnev. honorary chairman of AFNB.

has been elected chairman of the board of the new holding romnanv. which has bren named American Fletcher Corporation, Lauther said. LAUTMFR hres held bv the presnnt AFNB share-holders will be converted into a like number of shares in the new holding company. Effectiveness of the reorganization plan is subject to the approval of the Comptroller of the Currency, the receipt of an acceptable ruling from the Internal Revenue Service and other conditions, Lauther said. PORK FUTURES Chi-eeo (AP) Porb futures tradsitj on tht Chicago Mercantile Eichenot res-ttrday: LIVI MOOS High lew Cltst October eld 20 SO It 71 10 50 Nevember aid December aid II IS II 75 as October pew 11 J5 10 50 It 71 Sales: October eld 17; November old December od 7: October t.

MOZEN PORK BILLIES Petrutry 14 OS 11 SS 14 01 fVlMcO) 11.71 1131 11 71 May 13.00 11.41 to Juir lies jjo uoi Sales- Februtry March 707. May 144: July 145 Ootn inltre.t-' Pehrwt'f 0.07J; March t.049; May 1.127i July 1,474. But, in addition, you are expected to pay the adjuster a fee for his services, and this fee can range as high as 35 per cent of your total debt. And that's the rub. For when you add up your total obligations, you discover that you're deeper in debt than you were before you consolidated your debts.

What you've done is add one more debt to your existing pile. TO DATE, 24 states have passed laws banning debt pooling for profit. In 13 other states there are statutes aimed at regulating this practice by other means. In most cases the laws bar any individual or firm from earning money by charging a fee for simply distributing money received from you to your creditors. Exempt from the state laws, of course, are a variety of organizations offering financial counseling a -o debt management services without charging a fee for these services.

But the practice of debt pooling for profit continues in states which have no regulations against it. And even in the states which have laws, out-of-state debt adjusters continue to do business by mail or telephone solicitation. IN ONE case, a New Jersey woman who had signed up for a debt-pooling arrangement involving a $50 weekly payment found, when her creditors began telephoning her four weeks later, that only a total of $35 had been paid to one creditor. In other cases, creditors refuse to go along with the payment plan set up by the debt adjuster because they are asked to accept smaller payments. Or the debtors themselves may find the payment schedules just as unbearable as former obligations were.

And there are cases in which the debt adjusters simply have absconded with the money which has been turned over to them without paying a cent to any creditors. The fact must be underlined that today there are a large number of honest, legitimate credit counseling services offered through banks, credit un oivs, credit bureaus and other institutiors without charge. Frequently, too, family welfare agencies and legal aid societies will provide assistance to a debtor seeking help. IN SHORT, there is NO need for anybody to pay a commercial debt adjuster oi.e penny to distribute money among his creditors. Yet, despite the cold significance of the above sentence, this is SEVENTH on the list of the top 10 consumer rackets compiled by th National Better Business Bureau in New York.

Be forewarned: if you arc over your head in debt, do not pay a debt adjuster to handle your creditors. Deal only with legitimate, nonprofit agencies. (Clpvritht llel) Indiana Business Inland Container Corporation of Indianapolis yesterday reported earnings of for the first nine months of 1968. compared with $6,139,000 for the same period last year. Earnings were $2.13 a share for the 1968 period, compared with $2.04 a year ago.

Sales for the nine months of 1968 were $122,203,000 compared with $127,499,000 In the same period of 1967. The decline in volume was attributed to disposition of Inland's glass division. Earnings this year have benefited from cost savings from major capital expenditures, strong demand for fiber boxes and increased production at the company's con-tainerboard mills, a company spokesman said. A KM Ticks Officrr Anthony L. LePere has been elected vice-president of American Fletcher National Without The Benefit Of Ukuleles Or Hawaiian Sunsets We Are Saying Aloha To Our Remaining 1968 Models I With Sweeping Price Reductions.

Left-overs, Demonstrators, And Executive Cars. You Can Save Enough Make A Lotta Car Payments! If You Need A Car, Study This Carefully. Since There Is No Opportunity For Stock Replenishing, Our Sale Prices Are On A First-Come, First-Purchase Basis. HAROTOPS CONVERT E8 You Get The Bip; 390 cu. In.

Engine. You Get Power Steering, rower Brakes, Criilft-O-Matlc, Rmlio, Heater, Vinyl Trim, and WSW Tlr, All Included In The ISale Price. WE WISH WE COULD 1968 MUSTANGS HAVE BOUGHT THEM WITH BUCKET SEATS Your Choice Now 289 V-8 Engines. Cruls-O-Motic. Radio.

Heater, Power Steering. Wheel Covers. WSW. Vinyl Trim TRY TO COPT Mff. Sugg.

Retail $3479 Buy Now For PAYMENTS MVUCUTf LOW IO rAinsnu ai vqmo $2 $46 MO. THE CAB THET 1968 THUNDERBIRDS Power Window, Power Seat. Power Disc Brake, rower Steerlne. Hlithwav Pilot Control. CniU-O Matic, Radio With Rear Seat Speaker, indow Washer, 2-Speed WIht, Bucket Seat.

Tinted Ola, And All The Other T-BIrd Luxurlen Are Included In The Sale Price. FAREWELL SALE PRICE 0 rr-ibC 4 KIM r- Jn, St I MHAMS V) i 1 LARGEST 1 dealer) 'f 359-9231 770 N. SHADELAND (IND. 100) Acrou from Eoilgat 1 A O. 0 4.

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