Alton Evening Telegraph from Alton, Illinois • Page 17

Alton Evening Telegraph Monday, May 10, 1971 B-5 Declines rule stocks, fiscal crisis blamed (AP) Uncertainty over the in- ternatloanl monetary situation Was blamed for Hefty declines stock prices today. The 2 p.m. Dow Jones average of 30 industrial stocks was off 4.35 to 932.62. Declines outpaced advances by about 0 to 4 among Issues traded on the New York Stock Exchange. dard, down at 2514; Xerox, off at occidental Petroleum, down 14 at American Hospital Supply, off at and National Cash Register, down to 12 selected stocks Following are today's noon quotations of New York Stock Exchange issues research has indicated are widely held in Brokers said the stock mar- the Alton area as supplied to ket retreat appeared to be re- the Alton Telegraph by New- to the international action currency situation.

The decline was on a fairly broad front. Londotitown, which makes reported sharply, higher first-quarter earnings today and was running against the downtrend, trading at up Warner Lambert was down at Trading; in the the top of the active a block of 112,200 shares at Among the Big Board's mostactive issues were: Bausch Lomb, down at 132; American Telephpne, off to American Stan- hard Cook from its Alton branch office. The New York Exchange closes daily at 2:30 p.m. (Alton Time), so these are not the closing quotations: Air Reduction. 2 AT Clark Oil General Motors 8614 Granite City Steel Mobil Oil Olin Corp Owens-Illinois Sears 88 Shell Oil Co 47 Squibb Beechnut Standard Oil (Ind.) 63 Standard Oil (N.J.) 78 U.S.

Steel 34 Livestock prices at East St. Louis NATIONAL STOCKYARDS, 111. (AP) Estimates for Tuesday: Hogs cattle calves 50; sheep 100, Hogs barrows and gilts fully 25 to mostly 50 higher; 1-2 200-230 Ib 18.2518.50; 1-3 200-240 Ibs V.1% 18.25; 2-3 220-260 Ibs 17.2517.75, 240-270 Ibs few 2-4 270-300 Ibs 18.00-18.75; sows steady to 25 higher; 1-3 300-400 Ibs 14.50-15.25; 2-3 400500 Ibs 14.25-14.50, 500-600 Ibs 14.50; boars 13.00-13.50. Cattle calves 100; active; slaughter steers and heifers steady to 25 higher; cows fully steady, bulls steady; slaughter steers, choice and prime Ibs 33.50 34.00, few lots Ibs 33.00; choice Ibs 32.00-33.00, mixed good and choice 31.50-32.00, good 29.0031.00, standard and good 1,0001,200 Holsteins 27.00-28.75; slaughter heifers, choice and prime Ibs 32.75-33.00, choice 31.75-32.50, good and Wheat futures decline Obituaries Glaeser CHICAGO (AP) Late rallies brought soybean prices up as much as 1 cent above last week's close, sharply reversing an early move toward losses of a cent or more on the Chicago Board of Trade Monday Slmlliar buying spurts also reduced the declines in the corn pit which at midsession set seasonal lows in the new crop deliveries. Wheat, under pressure that trimmed 2 cents or more from autumn deliveries also made slight gains at the finish but failed to reach the plus side.

Oats traded in a narrow range with price trends blurred. Mrs. Hazel Atkins Glaeser, 73, of 503 Bellwood, Rosewood Heights, died at 4:10 a.m. today at the Anna Henry Nursing Home in Ed- wardsvllle. Her health had been failing for 10 years.

She was born Oct. 1, 1897, In Marengo, the daughter of the late Mr. and Mrs. George Atkins. Until her retirement, she had been an inspector at Olin Corp.for 20 years.

Mrs. Glaeser was a member of the Baptist Church and the American Legion Auxiliary in Bridgeport, 111. She is survived by a stepsister, Mrs. Gladys Hine, Telegraph librarian; a nephew, Don Plarski, Telegraph editor; and a niece, Mrs. Georgia Maronie of Rosewood Heights.

Her husband, Henry Glaeser, preceded her in p.m. Tuesday at Smith Funeral Home in Alton, svhere funeral services will be at 1 p.m. Wednesday. Burial will be in the Upper Alton Cemetery. Tuesday by the Rev.

Theodore Snider, pastor of United Methodist Church, here. Burial will be in Carrollton City Cemetery. Day Besaw WHEAT High Low Close death Dec. 29,1067 May Jul Sep MUNICIPAL BONDS PAY HIGH INTEREST RATE Wo invite you to ash for list of available Bonds. MUNICIPAL BOND CORP.

First National Bank Bldg. 200 W. 3rd 465-6601 choice 30.00-31.50, good 27.00- 29.50; cows, utility and commercial 20.00-23.00, few high dressing utility Holsteins 23.50, cutter 18.00-21.50, CORN 1.58% 1.58 1.58% 1.50% 1.4914 1.50 1.52%' 1.50%'1.511/4 1.52% 1.54% 1.55% 1.58% 1.57% 1.5714 a 15.50-18.50; bulls, Sep OUR ALTON OFFICE MAINTAINS: NEW YORK STOCK EXCHANGE TRANS-LUX JET CURRENT NEW YORK STOCK EXCHANGE QUOTATIONS, SALE.S AND AVERAGES EVERY HALF HOUR STATISTICAL MATERIAL EXPERIENCED PERSONNEL DOW-JONES NEWS TICKER PRIVATE DIRECT TELEPHONES TO OUR ST. LOUIS BOARD ROOM Serving Alton Investors lor More Than 39 Years NEWHARD, COOK Co, MEMBERS NEW YORK STOCK EXCHANGE 902 Flr.l thUoiul Ph. 165-5585 B.

Shultz John E. Greenwood Resident IVIanagor Account Executive utility commercial and good 24.50-26.50, individual utility Holsteins 27.00; calves, choice OATS vealers 38.00-40.00, good 33.00- Mey 38.00; feeders, choice 800-900 Tn Ibs 30.50-31.00. gap Dec 1.4414 1.4314 1.43y 2 1.42% 1.4314 1.4114 1.40V& 1.41 1.367/s 1.3514 1.361,4 1.4114,1.39% 1.40% Sheep 300, spring slaughter Mar lambs 50 higher, ewes steady; SOYBEANS spring slaughter lambs, May choice and prime 85-105 Ibs Jul 31.00-31.50,, shorn old crop Aug slaughter iambs, mixed good Sep and choice 90-110 Ibs 26.00- Nov 27.00, ewes, utility to choice Jan 5.00-6.00, culled 3.00-4.00. Mar .6734 .68 .67 .67 b.65% .69 a.71% CARROLLTON Murril L. Day, 64, a farmer of Rte.

1, Carrollton, died at 8 a.m. Saturday of an apparent heart attack shortly after arrival at Boyd Memorial Hospital. He was born in Calhoun County, July 9, 1906. Surviving are his widow, the former Ruth Boirum, whom he married March 10, 1934, in Jerseyville, three brothers, Theodore of Eldred, Kenneth of Alton and Clyde of Carrollton; and two sisters, Mrs. Eula Johnson of Alton and Mrs.

Elsie Lockyer of East Alton. Two brothers preceded him in death. Visitation wil' continue tonight at the Mehl Funeral Home, where funeral services Friends may call after 1:30 will be conducted at 2 p.m. Outcome of draft extension in hands of eight senators GRAFTON Charles Patton Besaw 62, died at 10 p.m. Friday at his residence on Main Street in Grafton He was born Oct.

10, 1908, hi Calhoun County. He was a state park em- ploye and a veteran of World War II. Surviving are a daughter, Mrs. Mary Jane Clayton of Bethalto; a son, James Dille of North Platte, eight grandchildren; a brother, Stanley of Jerseyville; and two sisters, Mrs. Helen Eades of Lowell, and Mrs.

lona Pellikan of Clarksville, Mo. His wife preceded him in death. Father Patrick Morrow of Grafton will conduct funeral services at 1:30 p.m. Tuesday at Jacoby Brothers' Funeral Home in Jerseyville. Members of the Whalen Hill American Legion Post 648 of Grafton will conduct military graveside services at Valhalla Memorial Park in Godfrey.

Friends may call after 1 p.m. today at the funeral home. The Rev. Ly'e Marr of East Alton will conduct funeral services at 1 p.m. Tuesday at Smith Funeral Home, Bethalto.

Burial will be in Rose Lawn Memory Gardens in Bethalto. Sarginson A former Alton resident, Vernon E. Sarginson, 51, of Seymour, died at 7:30 p.m. Saturday of an apparent heart attack at the Mansfield Community Hospital near Seymour. Surviving are his widow, Ruth; two sons, Vernon of Seymour and William of Springfield, three daughters, Mrs.

Cecelia Mills of Shipman, Mrs. Donna Roland of Hazelwood, Mo. and Miss Bonnie Sarginson, at home; six grandchildren; three sisters, Mrs. Melba Searles of St. John's, Mrs.

Martha Garner and Mrs. Helen DiPalo, both of Wood River; and two brothers, John of Chesterfield and Clyde of Medora. great-great-grandchildren. He was a member of the Baptist Church of Sunbury, Ohio, and a member of Linden Lodge AF AM, Columbus, Ohio. Funeral services will be conducted at 1:30 p.m.

Wednesday from the DeVore Funeral Home, Sunbury, Ohio, with burial to be in Cheshire Cemetery, Delaware County, Ohio. The Lesley Marks Funeral Home Is In charge of local -irrangements. Bollman EDWARDSVILLE Henry F. Bollman, 79, 1526 Bryant Ave. died Sunday at Jewish Hospital, St.

Louis. Employed as an interlocker operator by the Illinois Terminal Railroad for 42 years, he had been reth-ed since 1958. Bron Jan. 10, 1892 at Edwardsville, a son of the late Henry and Carrie Kriege Bollman, he was married Jan. 12, 1921 to Agnes Tesar, who survives.

Also surviving are Funeral services will be at two sisters, Miss Lydia and 2 p.m. Tuesday at the Seymour First Baptist Church and burial will bo in the Seymour Masonic Cemetery. The Bergman Miller Funeral Home is in charge of arrangements. Mitchell FOR HOME OR OFFICE GODWIN OFFICE SUPPLY, ING. "Alton's Commercial Stationer" 114 E.

Broadway Ph. 465-7756 Open Dally 9 to 5 Fridays 9 to 6 WASHINGTON (AP) Administration sources say the votes of some eight undecided senators will determine the 2.96% 2.93% 2.95% Senate outcome on extending 2.98% 2.9614 2.98% the draft beyond June 30. 2.98 2.95% 1.97% As the Senate moved into 2.9314 2.91 2.92% debate today an ad- 2.88% 2.8614 2.88 ministration source said 10 to 2.92% 2.90% 2.9214 15 of the 100 senators claimed 2.96% 2.94% 2.95% to be undecided, but he indicated the actual number is about eight. Nongovernment, Army- oriented organizations and National Guard interests have been lobbying for a two-year extension, as sought by the administration. Sources within these groups reported that as of last week UNMATCHED Eggs and poultry at St.

Louis ST. LOUIS (AP) Eggs, consumer grades: A large 2432, A medium 20-28, A small 12-18 large 20-28. Eggs, wholesale grades: A large 21-23, standard, 19-20, medium 16-17, unclassified 1617, pullet 12-31, peewees 9. Hens: heavy (6 Ibs and over) 10; medium (5-6 Ibs) leghorns 2. Ready-to-cook broilers and fryers 26.25-27.00 for this week's delivery.

Call No. 477 there were 45 senators favoring extension, 45 opposed and 10 undecided. The prospects for draft extension have been clouded because the issue is intertwined with opposition to the Vietnam war and antiwar senators are preparing a series of amendments, including a move sponsored by Sen. Mark Hatfield, to end the draft on June 30. John Stennis, chairman of the Senate Armed Services Committee, Sunday criticized antiwar senators, for trying to use the draft extension bill as a vehicle for their Vietnam opposition.

Stennis said he is not concerned a threatened fillibuster will prevent Senate action on the two-year draft extension legislation already passed by the House. Calling the all-volunteer idea "a flight from reality," Stennis also opposed a compromise that would limit the draft extension to one year. Some administration strategists say that a a year ceiling on draft calls, written into the bill by the Stennis committee, will permit some undecided senators to vote for the two- year extension. Steele Mrs. Lillie Steele, 82, of 7721 Redbird Lane, Godfrey, died at 9 p.m.

Sunday at her home. She was born June 27, 1888, in St. Louis. Surviving are a daughter, Mrs. Herschel (Maxine) Voorhees of Godfrey; three sons, Clyde and Luther, both of Los Angeles, and Fred of Albuquerque, N.M.; 13 grandchildren and 23 great- grandchildren.

Besides her husband, Clyde, who died in 1960, two sons, a daughter, two brothers and a sister preceded her in death. Mrs. Steele was a member of First United Methodist Church, Visitation will begin after 2 p.m. Tuesday at Gent Funeral Home, where funeral services will be at 2 p.m. Wednesday.

Burial will be in Upper Alton Cemetery. Meyer mnmn- SS National Bank Region 7 REPORT OF CONDITION, CONSOLIDATING DOMESTIC SUBSIDIARIES, OF THE BETHALTO NATIONAL BANK Mrs. Doris Marie Meyer, 32, a registered nrurse at Wood River Township Hospital for the past three years, died at 8:30 a.m. today at St. Anthony's Hospital, where she had been a patiem two weeks.

She was born April 2, 1939, in Dow, the daughter of Mr. and Mrs. Ralph Geisler of Dow, and moved to Rosewood Heights three years ago, lived at 731 E. EDWARDSVILLE Paul K. Mitchell, 89, formerly of Galena, Ohio, died Sunday at 5:10 a.m.

at St. Joseph's Hospital, Highland where he had been a patient the past week. He had been residing with a Dr. Paul J. Mitchell at 424 S.

Buchanan St. here. A former blacksmith employed, by the Pennsylvania Railroad at Columbus, Ohio, he had been retired since 1943. Born June 17, 1881 at Harrisburg, Ohio, a son of the late James K. and Matilda Chenowith Mitchell, he was married to Emma Foster, who died in 1959.

Five daughters and three sons survive: Allen J. Mitchell and Mrs. Harriet Garee, both of Galena, Ohio; Rev. Mark L. Mitchell of Mt.

Pleasant, Dr. Paul J. Mitchell, Edwardsville; Mrs. Grace Genstermacher, Columbus, Ohio' Mrs. Walter Burd, Bellefont, Mrs.

Esther Garee, Sunbury, Ohio and Mrs. Georgia Hatten, Centerburg, Ohio. There are 52 surviving grandchildren, 42 great-grandchildren and two Miss Amanda Bollman, both of Edwardsville. He was a member of World War I Barracks 977 of Edwardsville. Visitation will be after 3 p.m.

Tuesday at the Lesley Marks Funeral Home, where services will be conducted at 1 p.m. Wednesday by Rev. Arby Hosto, pastor of Friends united Church of Christ of Caseyville. Burial will be In Woodlawn Cemetery. Members of World War I Barracks will assemble at the funeral home at 7:30 p.m.

Tuesday. Spencer services Funeral arrangements have been completed for Spec. 4 Stephen Alan Spencer, 20, son of Mr. and Mrs. John D.

Spencer of Alton, who was killed April 24 in Vietnam. The family will meet friends after 7 p.m. today at Gent Funeral Home, where visitation will continue all day Tuesday. The body will be moved at 8 a.m. Wednesday to the Hillcrest Church of the Nazarene for funeral services at 10 a.m.

The Rev. Thomas Edwards of Wood River will officiate. Burial will be in Upper Alton Cemetery. His brother-in-law, Robert Burns, who is stationed with the Marines in the Philippines, served as the military escort from California to Alton. In addition to her parents, she is survived by her husband, Matthew M.

Meyer, to whom she was married ASSETS Cash and due from banks (Including 0 sted debits) $1,156,754.29 U.S. Treasury securities 672,812.51 Dec. 29, 1960 at the Edwards Securities of other US Government agencies and corporations 67,943.75 Obligations of States and political subdivisions Street Assembly of Church in Alton; Other securities (including- 5 0 corporate stock) 14,450.00 daughters, Joyce, 9, Loans Bank premises, furniture and fixtures, and other assets representing bank premises 172,366.27 Real estate owned other than bank premises Other assets (including 0 direct lease financing) God two and STEPHEN ALAN SPENCER Services 10 am Wednesday, Hillcrest Church of the Nazarene Rev. Thomas Edwards officiating Burial Upper Alton Cemetery Visitation after 7 pm today LILLIE STEELE Services 2 pm Wednesday, Gent Chapel Burial Upper Alton Cemetery In state at the chapel after 2 pm Tuesday TOTAL ASSETS Assets of over $96,000,000 THAT IS GERMANIA SAVINGS' TRADITION. 'for true, Service.

No play words just straight-to-lhe-point service. And that's wh'at you get here at Germania Sav- Ihps and Loan. Our customers know this, Fellow Altonians have- the way our top professional man- harfales their? affairs, Germania Savings also pays the hig'rtlst Interest ratejj allowed' by law: on Passbook. -Acqounts. Notice Accounts.

on 1-year Certificates ($1,000 minimum). on 2-Year Certificates ($5,000 minimum). At; Germqnia Savings, Interest is COMPOUNDED DAILY and paid QUARf ERLY, we'll either add the interest to your accpunt, or send you a check for the interest whichever you prefer. Now that's, what we mean by SERVJCEII Why don't you take advantage of it? LIABILITIES Demand deposits of individuals, partnerships, and corporations $3,140,654.27 Time and savings deposits of individuals, partnerships, and corporations 563,168.56 Deposits of United States Government Deposits of States and pollticai subdivisions Certified and officers', checks, etc TOTAL DEPOSITS $4,252,223.82 (a) Total demand deposits $3,687,611.46 (b) Total time and savings deposits ..5 564,612.36 Janice, 8, both at home; and a sister, Mrs. Michael Woods New Martinsville, W.

and her grandmother, Mrs. 5,858.43 Eva Timpe of Jorseyville. Mrs. Meyer was a member of the Assembly of God Church in Rosawood Heights and the Nurses Alumni of Alton Memorial Hospital. Funeral services will bo at 10:30 a.m.

Thursday at Marks TOTAL LIABILITIES $4,252,223.82 24,953.73 Mortuary in Wood River and 4 52iu274 bl ial be Valtlalla 1 Memorial Park in Godfrey. Visitation will be after 7 p.m. Tuesday at the funeral home. RESERVES ON LOANS AND SECURITIES Reserve for bad debt losses on loans (set up pursuant to IRS rulings) 28,951.50 Strange TOTAL RESERVES ON LOANS AND. SECURITIES 28,951.50 Visi.ation wil 1 begin after 5 p.m.

today at Smith Funeral CAPITAL ACCOUNTS Equity 385,306.47 Common par value 125,000.00 No. shares authorized 1250 No. shares outstanding 1250 Surplus Undivided profits 25,306.47 Reserve for contingencies and other capital reserves 145,000.00 TOTAL CAPITAL ACCOUNTS 385,306.47 TOTAL LIABILITIES, RESERVES, AND CAPITAL ACCOUNTS MEMORANDA Average of total deposits for the 15 calendar days ending with call date $4,207,386.51 Average of total loans for the 15 calendar days ending with call date $2,313,377.51 Dwane Bruns, Cashier, of the above-named hank do hereby declare that this report of condition is true and correct to the best of my knowledge and belief. DWANE BRUNS Home in Bethalto for Hershel L. Strangn, 70, of 112 W.

Haven, Moro, who was pronounced dead on arrival at 11:30 i.m. Saturday at Alton Memorial Hospital. He was born in Effingham County, Juii; 30, 1900, and resided in Advance, Mo. before moving to this area in 193(1 Five years he retired ns a hod carrier. He was a member of Alton Labor Union, Local 218.

He also belonged to Masadonia Baptist Church in Moro. He was a veteran 01 World War ALTON HAZEL ATKINS GLAESER Visitation 1:30 pm Tuesday Services 1 pm Wednesday at the funeral hume BETHALTO HERSHEL L. STRANGE Visitation 5 pin today. Services 1 pm Tuesday lit the funeral home. WOOD IIIV Kit SYLVESTER WHEELER AiTangemLMU.s pending.

Surviving are his widow, the former Ethel M. Lenand, We, the undersigned directors attest the correctness of this whom he married i.l 1922, in report of condition and declare that it has been examined by Jackson, a son, Ralph us and to the best of our knowledge and belief is true and cor- of Hpthaltn; an( eri rs rect EffiH Annis of Craik Saek, Canada. Four brothers and a FLOYD McGAUGHEY GEORGE B. NEUMANN ALLEN H. KUTTER Directors sister preceded him in death.

ALTON-WOOD ItlVEH UKTHALTO.