The Holland Evening Sentinel from Holland, Michigan • Page 2

PAGE TWELVt THE HOLLAND, MICHIGAN, EVENING SENTINEL WEDNESDAY, OCTOBER 14,1964 Over Counter Traders Are Fighting List By Jesse Bogue UPI Financial Editor NEW YORK (UPI) The over4he-counter segment of the securities trading industry is fighting back openly against any impression that the stock exchanges are going to take over dealings in all the bag stocks not now on bheir lists. Amendments passed earlier this year to the Securities and Exchange Act provided that juuiTi cvrpGraiiOri2 whose stocks i are traded publicly over the counter must make approximately the same kind of financial disclosures as are made those whose securities are listed on exchanges. Growth figures published by the principal exchanges here, the New York Stock Exchange and the American Stock Exchange, indicate that the disclosure legislation may have been instrumental in persuading some companies to go to a "listed" status. But in an address at the 31st annual convention of the National Security Traders Association at Goronado, Alftedo F. Tisch, president, said that the OTC is not only fche world's largest securities market, but also has been 'the fastest growing over a period of years.

Tisch, of Carl M. Loeb, Rhoades New York, said there was no reason to believe it will not continue to show the growth of the national economy. He said he felt "fche disclosure legislation is no mandate to list." Representatives of 33 affiliated regional associations attended the conference. As it got under way, the National Association of Securities Dealers, in an action announced at Washington was circulating to its 4,00 members a set of "guidelines on fair dealing with customers." The NASD is the supervisory body for over-the-counter traders, under SEC guidance. The SEC had urged the NASD to set up the guidelines, along the pattern outlined by a special study group in a report to Congress last year on securities industry practices.

It took live months of discussions to work them out. Ottawa County 4-H News By Willis S. Boss County Extension Agent, 4-H We have visited at the schools and have approximately 1,250 members in the school conservation project for this year. We have been and will be working with these folks to answer any questions they may have, also supplying them with additional materials and visiting tu- In regards to the project field that they are working in. The graded conser- yaMon series that we are working in at the present time seems to be very helpful for teachers in getting resource materials.

i are moving along quite rapidly and we are starting to schedule our open houses as early as Nov. 15. We will keep you informed through this news column and over radio as to details of this conservation program. The 4-H Leaders' workshops were successful in that the leaders got their materials at an early date. If leaders had specific questions, they could ask them and receive answers right at that time.

We were very happy with the number of people that turned out for these events. Mrs. Grace Vander Kolk Is tentatively scheduling two technical a i i meetings for clothing leaders to be held in Coopersville and Zeeland area on Nov. 11 and 12. These meetings will have approximately Vz hour of presentation of sewing hints with the rest of the time allowed for technical questions by individual leaders.

The plat book is scheduled to go to print on Oct. 30. The Hudsonville skating party was successful with about 400 members enjoying the recreational outing on Tuesday, Oct 6 at the Tarry Hall Rink. The skating party held this week at Holland at the Para- FINAL 3 DAYS BiflyfeKicI CORDUROY SALE Assorted colors. Sizes 3 to 18 and sizes.

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SAT. TIL 9 P.M. NEW ELEMENTARY SCHOOL--Construction on the new Central Elementary School for West Ottawa school district youngsters is continuing on schedule. The school one block north of James St. on Division is scheduled to be completed in February, 1965.

Work was started last April, he 14-room school is being built at a cost of $355,199 and includes 12 classrooms, kindergarten room, special education room, a hbrary, multipur- pose room and a central kitchen for the preparation of food. This kitchen also be used to prepare food for Ihe now north and east elementary schools to be built in the future. A total of 350 students will be housed in the school. The Russel Lamar Construction of Holland is general contractor while other contractors are Holwerda-Hui2enga, mechanical and Parkway Electric, mont on Tuesday was well attended. The annual conference for the entire extension staff will be held Oct.

27, 28 and 29 on the Campus of Michigan State University. I will be in attendance at this conference on those dates and will also take a part in the National 4-H Agents Conference in Madison, Wis. from Nov. 2 to 4. Immediately following these two conferences, I will be calling on conservation clubs and answering questions from 4-H leaders in regards to materials, etc.

If any leaders failed to get their materials at the open houses held recently in their particular district, they may send us a letter stating what materials they need or would like for their 4-H club. We will be more than happy to mail them out. If there are any questions, they can be included in the letter requesting bulletins. Letters can be mailed to the 4-H Club Dept, Courthouse, Grand Haven, Mich, Policeman Leaves Room, Suspect Disappears DALLAS (UPI)--When the detective questioning burglary suspect Joe Nelson Campbell, 21, turned to get some records Tuesday Campbell heard opportunity knocking. He quickly got up from Ms chair, walked out and disappeared.

The Bureau of Fisheries says that the dolphin and carp can outswim the fastest vessels. 1-94 Terminus Is Dedicated PORT HURON (UPI) --Formal dedication ceremonies were held today for the eastern terminus of Interstate 94, extending from Marysville to the Blue Water Bridge. Rex M. Whitton, federal highway administrator, joined with Michigan Highway Commissioner John C. Mackie in the ceremony.

The i a i was cosponsored by the St.Clair County Board of Supervisors and the State Highway Department. Only two short sections of 1-94 in Michigan remain to be built. They are the four-mile section from the end of the Edsel Ford Freeway at Eight Mile Road in Detroit to Twelve Mile Road and a one-mile section from M-239 at New Buffalo south to the Michigan-Indiana state line. Great Britain claims the world's densest railroad traffic. One junction outside London sees passage of 2,500 trains a day.

A Million Dollars to Relieve Itch of Piles It is estimated that over a million dollars a ye-ai is upent on varied remedies to itch of piles. Yet druggists tell you that cooling, astringent Peterson's i soohes pile torture in minutes. 70c box or 8Sc tubs applicator. Peterson's Ointment gives last, joyful relief from itching. Be delighted or money back.

Adv. Detroit Man Named Chairman of Council LANSING (UPI)--Donald H. Parsons, Detroit, has been elected chairman of the Council of Financial Advisors, according to B. M. Conboy executive director of the Michigan Economic Expansion Department.

Parsons is chairman of the board of the Commonwealth Bank of Detroit William E. Mcdintock, vice- president of the National Bank of Detroit and Robert Vickers, vice-president in charge of the National Division of the Manufacturers National Bank of Detroit, also were named members of the council. New Highway to Link Port Huron-Seattle PORT HURON (UPD-Con- struction of a highway from Port Huron to Seattle, is expected to pass the halfway mark by the end of fche year, the Michigan State Highway Department said. With the opening today of 7.4 miles of 1-94 near Port Huron, more than 950 miles of the route is now open to traffic, the department said. The highway begins at Port Huron and is routed through Indiana, Illinois, Wisconsin, North Dakota and merges with 1-90 at Billings, continu ing to Seattle.

Lawyer Files For Dismissal GRAND RAPIDS (UPI) Harold Sawyer, court-appointed attorney for Mrs. Irene Laubenthal, accused of open murder in the death of her iniant daughter, Tuesday filed a motion to dismiss the case in Superior Court. Sawyer contends no crime was proven and said he would appeal to the Michigan Supreme Court if the case goes to trial. Mrs. Laubenthal, 39, is charged with slaying and burning the body of her three-months-old daughter, Jill, one of her seven children, and dumping it in a field in a box Sept.

6. Sawyer claims the child died of natural causes and said the state has proved no crime was committed. The defense counsel Monday obtained her freedom under $10,000 bail after a write of habeas corpus hearing before Circuit Judge Fred N. Searl. Superior Court Judge Claude Vander Ploeg set Monday for a hearing on the motion to dismiss the case agianst the former Mobile, woman.

She recently was bound over to Superior Court by Police Judge Roman Snow after preliminary examination. A survey shows that 25 men out of 100 wear hats sized 6 7 8 BUDGET HEARING The Ways Means Committee of the Ottawa County Board of Supervisors will conduct a public hearing on the Proposed Operating County Budget for the year 1965. The Hearing will be held at 1:30 P.M. in the Board of Supervisors room on Wednesday, October 21, 1964. Budgets may be inspected at the office of the County Clerk at any time between the hours of 8:00 A.M.

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