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Asbury Park Press from Asbury Park, New Jersey • Page 9

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Asbury Park Pressi
Location:
Asbury Park, New Jersey
Issue Date:
Page:
9
Extracted Article Text (OCR)

ir lor emiiii 11 Mliwiwwjwii.LWiiMuiiiiwiiiipwwi.iMuj.i.jLjiiiwiit wi.u.uj,ia i 1: Market Climbs Despite News of Walston Suicide ASBURY PARK EVENING PRESS, Moy 16, 1964 9 Outstanding Students Honored at Monmouth Ilia iRifesw i wM duction at its Detroit plant, was heavily traded but up only Ford gained y. General Motors and Studebaker were fractional losers. IBM rose 3, General Foods 1 Procter 4 Gamble 14, and Norfolk Western IVi. Montgomery Ward reacted further to lower profits, falling 1. Pan American World Airways lost 154, Eastern Air Lines U.S.

Smelting lss. Control Data 2, and U.S. Steel V. Prices on the American Stock Exchange were mixed. Peruvian Oils Minerals was active and up 316 at Volume was 1.41 million shares compared with 1.33 million yesterday.

Yesterday's closing prices were 4MERICAN 1 I ft 0 FUNDS FOR SCHOLARSHIP-The Zeta Epsilon lambda Chapter of Alpha Phi Alpha fraternity has contributed $500 to Monmouth College, West Long Branch, for the scholarship fund. Shown at the presentation are (left to right) Dr. Richard Carter, Asbury Park, fraternity member; Robert M. Benham, director of college relations, who is accepting check from Dr. James W.

Parker Red Bank, chapter treasurer, and Albert Marshall, Asbury Park, fraternity member. oM pi AW I Neptune Man Leaves Army As Major After 20 Years partment of Fine Arts, was given an award of appreciation for the composing of the college's Alma Mater and Fight Song. Dean Hogg and Miss Conlon received recognition for their "untiring work" with students in their extracurricular activities, and Charles J. Trabold, a sophomore from Orange, was given an award recognizing his work on the Third Annual Model United Nations. Kenneth D.

Loeffler, associate professor of business law in the Business Administration Department, was toastmaster for th dinner. Award Set In Honor Of Late Teacher WEST LONG BRANCH-Th. late James Thomas Kelsey, who was associated with Monmouth College for 16 years, has been honored with the establishment of an award bearing his name. This award, donated by the college, goes to the graduating senior letterman who has achieved the highest accumulative index. Mrs.

Kelsey, widow of the Monmouth College professor, attended the Activities and Scholastic Awards Dinner at the college and presented the award to Ronny Lapin, West End, Long Branch. Young Lapin, a native of Tel Aviv, Israel, will receive his bachelor of science degree tn biology this June. He has been a varsity soccer player, president of the Fencing Club, and resident of Lambda Sigma au, honor society. The award honors Mr. Kelsey, who suffered a fatal heart attack on Feb.

10, 1962, while taking part in a skit he had written for an all-faculty vari ty show. Mr. Kelsey taught English and journalism at Monmouth and was an avid supporter and a i of student jaw-- i. 1 WEST LONG BRANCH Spe-cial recognition was given to outstanding scholars and student leaders at Monmouth College at the college's first Ac-! tivities and Scholastic Awards Dinner. Robert A.

Hogg, dean of stu dents, presented awards to Ben jamin n. uada, west Long Branch, president, Student Government Association; John L. Winterstella, West Allenhurst, Ocean Township, president, Student Senate, ana Edward S. Markman, Eatontown, president, Judicial Council. Each member of each of these groups also will receive awards which will be distributed by the presidents.

Publications awards were presented to editors by Miss Mary Rita Conlon, director of student activities at Monmouth College. The recipients included Henry L. Schwartz, Long Branch, "Outlook," the student newspaper; Thomas D. Boyd, Rum-son, "Shadows," the yearbook, and Miss Linda C. Deutsch, Bradley Beach, "Monmouth Letters," the literary magazine.

Staff members also will receive awards for their work on the publications. These will be distributed by the editors. Wins English Award The English Department Award for Excellence in Eng-glish Studies was presented to Miss Barbara M. Paduano, West Belmar, Wall Township, by Dr. Anna R.

R. Jennings, chairman of the English Department. Miss Paduano is a senior in English. Richard A. Kuntz, Seaside Park, received the Department of Mathematics first award for exceptional scholarship.

He will graduate from Monmouth College in June and will continue his studies of mathematics on the graduate level at the University of Maryland, where he has been awarded a teaching fellowship. Dr. Leo M. Wulf, chairman of the department, presented the award. John F.

Brennan, Neptune, was honored with the Monmouth Society of Professional Engineers and Land Surveyors, Inc. Annual Award for the year 1963-64 to the Monmouth College freshman who has demonstrated the greatest aptitude and achievement for a professional career in engineering. David Berdan, president, Monmouth Professional Engineers and Land Surveyors Society, bestowed this award. Distributes Certificates Everett W. Holt, acting provost and dean of the faculty at the Colleee.

distributed "Who's Who in American University and Colleges" certificates to Georee H. Allgor. west Bcimar; Joseph J. Baranowskl, South Amboy; Thomas u. oya, num-son; Benjamin R.

Dadd, West Long Branch; Eugene A. Di Santo, Matawan; Thomas M. Farrell. Roselle; Ronald A. Jas-cott, Middletown Township; Ronnv iiDin.

West End, Long Branch; Edward S. Markman, Eatontown, and John winterstella, West Allenhurst. Benjamin R. Dadd presented several soecial awards from the Student Government Association. Tommv Tucker, assistant professor of music in the De HOPE TO SAVE DEER Antonio Albanese (left), Tom River, and John Burns, Lakewood, of the Garden State Parkway maintenance division, install refleqtors in an experiment to see if the signs will keep deer off the Garden State Parkway.

The mirrors, on the shoulder of the road, are designed to reflect car lights into the woods and tartle the deer. The idea came from The Netherlands, which reported success in cutting the number of deer-car collisions. About 1,000 reflectors will be installed on the parkway in Ocean County south of Forked River, Lacey Township. (Press Photo) 6th Man Held In Series Of Tavern Thefts ASBURY PARK Magistrate Eugene Capibianco ordered William Bromley, Emory held without bail yesterday for grand jury action on breaking and entering and larceny charges. Bromley Is the sixth person to be arrested in connection with a string of thefts from taverns and other businesses on Main street during the past month.

The investigation Is continuing, Police Chief Maurice Fitzgerald said, and more arrests may be made. Neptune and Ocean Township police also are questioning the six about breaking and enterings in the two neighboring municipalities. Bromley is charged with breaking into Marino's Tavern, 809 Main April 25 and taking about $100 and rifling vending machines. William McKelvey, who has no permanent address, was ordered held without bail Monday for grand jury action on the same charge as Bromley. The other four are Larry Ian-nuzzi, 19, of Prospect Thomas Hall, Steiner Neptune City; Andrew Sherman, 19, of Fernwood South Belmar, and Robert V.

Brown, who has no permanent address. All but Hall and Bromley pleaded guilty at preliminary hearings. Mr. Capibianco fined Harry C. Mansfield, Sewall $50 for being drunk and creating a disturbance at the hotel where he lives.

A hearing for Eulogio Reyes, Ocean Park Bradley Beach, charged with malicious mischief by breaking windows in a car owned by Ramon Torres, Cookman was postponed until May 23. Ballou to Speak To Unitarians LAKEWOOD Robert I. Ballou the Manasquan teacher who wants to found a liberal church, will speak at 10:45 a.m. tomorrow at services of the Unitarian Fellowship of Ocean County. Mr.

Ballou, a member of the Unitarian-Universalist Church. Boston, is an outspoken foe of what he calls "religious The services will be held at the YWCA Building, Monmouth Ave. Religious education classes will be held at the same time. FT. DIX Maj.

Gerald A. Gustafson, 725 Doris Neptune, has retired from the Army after 20 years of service. Maj. Gustafson was honored at a ceremony and presented with a certificate of achievement He was a training officer assigned to general headquarters upon his retirement. Maj.

Gustafson served in Italy and France during World War II. In 1951, he served In the Korean War. He also has served in Alaska, Hawaii, Japan, and Viet Nam. He returned to Ft. Dix from Saigon in Dec.

1963. He has been awarded the Bronze Star with one oak leaf cluster, the Purple Heart, Army Commendation Medal, the Pres-. idential Distinguished Unit Citation, the Reserve Officers Medal, and the Combat Infantryman's Badge. Maj. Gusafson is married to Helen Siciliano of Asbury Park.

They have three children. Hydrocarbon Trustees Get $2.5 Million NEWARK UP) Reorganization trustees for Hydrocarbon Chemicals Newark, have received $2.5 million from the sale of the company's three Texas subsidiaries. In a report filed with Federal Judge James A. Coolahan, the trustees said the $2.5 million i represented only partial proceeds from the sale. The Texas subsidiaries, South-I western Hydrocarbon South-I western Hydrocarbon Pipeline and Navarra Service jail of Dallas, were sold for $6 million, the report said, i The funds are expected to be used to repay creditors of Hy-Idrocarbon and six New Jersey subsidiaries, all involved in the reorganization.

Judge Coolahan ordered the 'appraisal of five of the New Jersey subsidiaries land assets in Ocean, Burlington and Camden counties. The firms involved are Berkeley Shores Estates, Hydrocarbon a 1 1 Development Co. Lanoka Harbor Land Co. and Lanoka Harbor Investment Corp. of Lacey Township, Ocean County, and Burlington Development Co.

Inc. in Burlington County. Creditors have until June 10 to file proofs of claims against Hydrocarbon and until Aug. 14 to make claims against the sub- sidaries. NEW YORK UP The stock market weathered some unsettling Wall street news yesterday and made its first advance in three sessions.

The advance was Irregular. Most gains were small but a few selected Issues made strides. The suicide of Vernon C. Walston, president of Walston Co. one of the top ranking brokerage firms, left many unanswered questions in the minds of investors.

As the day went on, however, the investment community was reassured by the management of Walston and by the New York Stock Exchange. Buying Sicked up and trading was heavy the close. Volume Up Volume swelled to 5.06 million shares from yesterday's abnormally low total of 4.75 million. The Dow Jones Industrial Average gained 1.78 at 826.23. Of 1,331 issues traded, 547 advanced and 488 declined.

New highs for the year totaled 50 and new lows 28. Once the market found a solid footing of confidence, Texas Gulf Sulphur was off on another spree, surging ahead 5 points to 58Vi on huge volume of 738,800 shares. Sperry Rand 2nd Thanks to a big block of shares, Sperry Rand was second in the list of volume leaders, rising to 16 on shares. Third was Curtis Publishing, up at 14 on 110,900 shares. Next came Calumet Hecla, unchanged at 2i and Chrysler, up at 49 Xerox resumed its latest upsurge, climbing 3Vi to 113V4.

The averages were bolstered by Du Pont's 5-point recovery from recent selling. Pfizer Rises Pfizer rose 1. The company said it would contest vigorously government action to seize some of its anti-wrinkle preparation. Chrysler, which said it will add workers and increase pro- YMCA Lists Its Program For Summer RED BANK The summer program of the Community YMCA will begin June 6-7 with a father and son Indian Guide powwow at Medford Lakes. On June 13 swimming instruction will begin at the Shore Area 'Y Asbury Park, and grade school boys will have a field day at Camp Arrowhead, Marlboro Township.

The instructional swimming classes are now being formed, William C. Hollands, youth chairman, announced. The 'Y', which does not have its own pool, will use the Shore Area YMCA, pool and the outdoor pool at Camp Arrowhead. Courses are limited to 45 and 60 youngsters, respectively. Brochures listing these and other swimming courses being offered in the area can be obtained at the local 'Y', Riverside Ave.

16-Year-Old Arrested In House Thefts WALL TOWNSHIP Police yesterday arrested a 16-year-old boy who they said admitted robbing four houses last year in the Sea Girt Estate area, near where he lives. The boy was carrying a 32 caliber pistol when he was arrested while hitchhiking on Route 35 by Det. Robert Reilly. After questioning, police said the boy admitted thefts from: Ross Winckler, 130 Magnolia $450 worth of merchandise on Aug. 13; Harry Morris, 1306 Willow Drive, an antique 22 caliber pistol valued at $400 Dec.

Joseph Jalmer, 123 Magnolia a camera and case valued at $120 on Sept. 15, and Charles Skokas, 130 Laurel several bottles of whiskey and $20 July-13. The boy has been released in the custody of his parents to await action by juvenile authorities. Mrs. Epstein Cleared In N.Y.

Liquor Probe NEW YUKK A JlMiay jail sentenced for contempt was vacated yesterday against Mrs. Martin C. Epstein wife of the ousted chairman of the New York State Liquor Authority. Supreme Court Justice Mitchell D. Schweitzer ruled that she had purged herself of the original contempt by appearing a second time before the same grand jury.

A. t' 'I MAJ. G. A. GUSTAFSON Lacey Mayor Vows Order On Beaches LACEY TOWNSHIP Mayor August Kofoet last night said he would take all steps necessary to maintain order and proper upkeep of all the beaches within the township, private or public.

Efforts by the Township Committee to stem the rising number of nonresidents who use Lacey beaches have met with legal entanglements, but he said the township intends to enforce existing ordinances prohibiting picnics, dogs, disrobing, and consumption of alcoholic beverages on the beaches. Public hearings have been tentatively scheduled for three consecutive Saturdays starting June 13 at 10:00 a.m. and 2:00 p.m. to discuss with both local and state officials the recently completed sewer feasibility survey. The meetings will be held at the Lacey School auditorium.

Scheduled for public hearing on June 6 is an ordinance to appropriate $17,000 from the capital improvement fund to purchase a dump truck, build a garage, and install a new siren system for the Forked River Fire Co. The clerk was authorized to advertise for bids for a 1964 dump truck and snow plow equipment. Mayor Kofoet announced that the Lacey Township Museum and Art Center at the Old School House off Route 9 in Forked River will be dedicated as part of the township's tercentenary celebration June 27. "Your Friendly Family Store" NO AHDS NO BUTS SATISFACTION GUARANTEED OR YOUR MONEY BACK 1 Ctl ft Ed Crenle EIm Asst Equity CP Ofn Devel On Plywd HVW Imo Oil 21 41 1 6H 18V. 47V! Muck Trk Wt H1 Molybnn Wt NJ Zinc Oeden Co Photntx SU Pren Hull Rollins Brd 11 14 344 IS Sperry ft Wt 7H Teehnleol 15V TJUb Id 8 11V4 Ketser Ind Kin Ark Oil NEW YORK ACF Ind Adams Ex Air Prod Air Redue AllP CP AllMt Lud Allts Pw Allied Ch Allis Chnl Alcoa 9H 49 M4 ll'i 414 53H 531.

Int BuiMch 687 Int Hary 72 Int Niek 83 Int Paper 32 Int Tel i Tel 58 ITS Ckt Brk 34 Johns Man 57 Jones 8i Joy Mf Koiser Al Kenneeott Koppers Kresee. 83 Kroner Leh Port Leh Val Ind 74 33 40 84 48 351 31 17 2 Am Alrlln 45', Am Brk Sh 5.1s. Am Cn 435i 67si Am Cvn Am Pdy Am Mot Am Smelt 31' 14 T4 LOF Glass 57 Am 8td Lib McNfcL 18 Utt It My 78 Am Tel Td 140 Am Tob 33 Llly-Tultp Litton Ind Lukens SU Mack Trk Marath Oil Martin Merck MGM Minn MfcM Mo Pac A Mont Ward Nat Bisc 321 Amp Ine Anaconda Armoo 8tl Armour Armst Ck Ashl Oil 1 Atchison Atl Refin Avoo Corp Ave Corp Babeock Bald Lima Ballt ft Oh 25 43 73 50 134 40 31 58 20 83 14 43 64 66 46 84 17 110 84 63 74 37 61 Cash Ret 68 Nat Dairy 79 Bayuk CIS 48 Nat Dlstltl Nat Gyps Nat Steel NY Central 26' Bell How 32 61 9 Bendlx 44 Beth Steel Boeing Borden Born Warn Brunswk Buckeve PI Bucy Eri Bulova Burl Ind Case, JI Cater Trae Celanese Chea It Oh Chrvsler Cities Sy Coca Cola Col Pal Colum Gal Coml Sol Con Ed is Cont Can Coop Bes Corn Pd 37 34' 47 73 48 10 40 SO 25 48 15 60 89 76 49 70 130 44 28 34 84 51 35 62 335 63 32V. 17 42 25 26 24 72 34 264 31 30 129 49 27 4 39V, 45 72 23 Nit Pw 52 No Am Av 47 Nor Pac S5 Nwst Alrlln 107 Norwich Ph S2 Outb Mar 16 Owens 111 OI 91 Pan AW Air 73 Param Pict 69 Penney, JC 51 Pa Pw It Lt 35 Pa RR 30 Pepsi Cola 53 Perk In Elm Pfizer Phil El Phlll Pet 40 4 33 49 Pit Steel 14 Pub 8v 75 Pullman 33 Pure Oil RCA Raytheon Reading Co Repub Stl Revlon Reyn Met Rev Tob 48 32 19 13 44 S3 39 Corning Cm Zell Cruc Stl Curtlss Wr Deere Del it Hud Dent Sup Dou Aire Dow Chem Dress Ind Du Pont Duo Lt East Air East Kod Elec Assoc End John Erie Laxk Firestone Pla Pw Pla PfcL Pood Fair FMC Co Ford Mot 45 Rob Controls 26 St Jo Lead 61 8t Dm Pan 31 I Sears Roeb 114 Shell Oil 4B' Sinclair Smith. AO Soconv Sou Pae Sou Ry Sperrv Rd Std Brand 47V, J4 77 41 63 16 765 Sid Oil Cal 82 Std Oil NJ 87 Studebaker 8 Texaco 78 Tex Prod 58 Tex Sul 58 Textron 44 Tidewat Oil 31 Transamer 49 Un Carbide 134 l)n Pac 43 56 65 Oen Accept 21 Gen Clar Oen Dynam Gen Elec Gen Fds Gen Motors 35 83 86 Gen Pub Ut 34 Tel ti El 33 Gen Tire 23 Unit Aire 45 United Cp US Lines US Plvwd US Rub US Smelt US Steel 8 39 78 51 122 Ga Pae Co Gillette Glen Aid Goodrich Goodyear Grace Co Gt AftP Greyhound Gulf Oil Hamm Pap Here Pdr Hess 111 Cent Ing Rand 82 30 14 54 43 54 41 59 57 34 45 13 58 89 64'i Van Al SU 33V, Walworth 6 Warn Pic 17 wn Un Tel 34 West El 32 White Mot 31 Woolwth 83 Ynitst ShbT 46 Zenith 71 EGG PRICES NEW YORK UP) USD A Wholesale ene offerings continued In excess of a slow demand yesterday.

New York spot quotations: Mixed Colore Standards 27-28. Checks 25-36. H'hltes Extra fancy heavy weight (47 lbs. min i 28-30. Fancy medium 141 lbs.

33-24. Fancy heavy weight (47 lbs. min.l 38-30. Medium 140 lbs. aver.l 33-34.

Smalls 3 lbs. aver.l 19-20. Peeweei 1 31 lbs. aver.l 16-16. Browns Extra fancy heavy weight (47 lbs.

mini 29-30. Fancy medium 141 lbs. aver.) 33-34. Fancy heavy weight (47 lbs. min.l 29-30.

KmalU 138 lbs. aver.) 30-31. Peeweea i31 lbs. aver.l 16-14. Stoker the Broker iPYouaedToMKxje I'LL YOU rrmrn it.

t. bic tow to LatrrH.a s.a rrn-n-i rnTTTT rrrn iTi 1 1 1 State Official To Speak At Awards Event ASBURY PARK Robert A. Roe, commissioner of the state Department of Conservation and Economic Development, will speak Wednesday at the city's sixth annual awards luncheon. The Development Committee and the Asbury Park Area Chamber of Commerce will present awards to 21 firms and individuals for building or renovating 23 buildings within the past year. The luncheon will be at the Berkeley-Carteret Hotel.

City Manager Kendall H. Lee will be, master of ceremonies. Mayor Thomas F. Shebell will make a welcome speech. The Rev.

Dr. Charles A. Sayre, of the First Methodist Church, will give the invocation. Mayor Shebell and Robert F. Fountain Development Committee chairman, will present the awards.

The Lions, Kiwanis and Rotary Clubs; the Asbury Park Junior Chamber of Commerce; and the Optimist Club cooperate in sponsoring the luncheon. The Development Committee started the awards program in and individuals who invest in 1959 to publicly recognize firms new construction or substantial renovations. Today's By Alfred It pays to remember that your opponents were not born yesterday. They will tend to avoid dangerous plays if they have something safer to do. The first trick was peculiar but very revealing.

West led the deuce of hearts, a strange choice, and East played low. South won the first trick with the cDiron rt tioarto onrt rpnllTPfi that the trump honors were split, since neither opponent would have played low if he held both trump South decided to leave the trumps alone for a trick or two. He led a spade from his hand and finessed dummy's ntna Intuitu 4 Via fan When East returned the four of clubs, South knew that West, surely had the king of clubs. ium odd i pujiu ui dub return would be very dan-cerous if it meant leadine away from the king. East could safe- ly return his remaining heart PET DOCTOR A.W.

Moll.r, D.V.M. Q. My cat coughs ond brings up littl balls of hair from his stomach. Is thir anything to pr.v.nf Jamil Mont-gomtry, Nw York City. A.

Cols eltan thtmelve with their longuts. In th. proci, they swollow hair. Thil ii particularly common in th. long-hoired vorili.

Thes. accumulations of hair in Ihi ttomach inltr-fere with the normal digettion of food. Sometime i hair balls become 10 large Ihol they interfere with breathing by putting pressure on thediophrom.They olso can affect the whole digestive trod. The most obvious 'cure' is to keep the cat well-brushed to eliminate loose hairs. The doily administration of mineral oil or special hair ball medication does a good job.

However, in my opinion, this frequent medication interferes with the normal function of the digestive trod. I would rather see a cot get a good cleoning out once a month during the seasons of shedding (spring ond foil), than continuous use of hoir boll preventative. Bridge Sheinwold South dealer Both sides vulnerable-NORTH A A 9 6 A986 K72 Q8 EAST A 1072 Q4 WEST A K8 12 A53 1094 10 7 south 94 A 543 K10753 South Q86 A5 West North Pass 1 NT East Pass Pass All Pas Pass 2 A Pass 4 Opening lead 2 own queen as well as dummy's King oi aiarnonas South would have gone down if he had played low on East's club return. West would take the king of clubs and get out 'monds by himself, losing two tricks Daily Question Partner opens with 1 NT. and the next player doubles.

You hold: 10 7 2, 4. 10 9 4, 9 4. What do you say? Answer: Redouble. The open ing bid and the double should both be based on hands of equal strength, about 16 to 18 points. Mr.

Merchant Here's An Exciting New Approach to move your Merchandise, Advertise your Services in. The Asbury Park Press OUTDOOR LIVING SECTION To Be Published FRIDAY May 22 Going to over 52,000 PRESS reading families this edition can mean a more profitable summer for you! Filled with arresting news features and attention-compelling pictures, this section requires only your participation to be really successful. Deadline Is May 18th Call PR 4-7000 NOW! since me aamage in mat suji.w,tn a ciut). soUtn would even-had already been done. jtually have to tackle the dia- Takes Ace Trusting East to know what he was doing, declarer stepped up.

with the ace of clubs. He then cashed the king of hearts and 'led a spade, taking dum-bit'i ace and queen. When the spades failed to break, declarer ruffed dummy's last soade and not out with a club. He would be safe if the tlaver with the king of clubs i 6-PIECE COMPLETE BUNK BEDS 59.88 fwythlEf ta InelodH I Sa! bra I 1 9rlnn. lartder ind J-d rill.

Cn chtnfrl btds st tin. FURNITURE PENH also had the ace of diamonds, You have just about every thing It turned out as South hoped. left in the deck, and the dou-West had to take the king of bier's partner should have a clubs and lead diamonds. This complete bust. You have a fine permitted South to make his chance to punish the doubler.

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