Northwest Arkansas Times from Fayetteville, Arkansas on April 13, 1976 · Page 6
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 6

Fayetteville, Arkansas
Issue Date:
Tuesday, April 13, 1976
Page 6
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4 · Nerttiv/** ArVaimnj TIMES, Tuos., April 13, 1976 Jersey City's Prospectus Does Not Check Out By J O H N C U N N I F F Business Analyst JERSKY CITY. N.J. (AP) From the edge oE this city cl 262.000 people you can enjoy a grand view of the Wall Street skyline. 2.(H30 yards across thr lower Hudson River, a three minute subway ride away. '-Several brokerage houses al ready have taken the trip to this, the second-largest city ! - For Campaign Audiences Carter's 'Sizing-Up' Ability Successful New Jersey, a city fighting to move ahead, eager lo rebuild its industry and linage, and to utilize its proximity to New York. ' Lower costs and an aggressive city administration bring the brokers here, where (liere ·are no stock or bond transfer taxes, and where space rentals are much lower than in Ne York. Some other taxes are lower loo. ' But does Jersey City's "prospectus." an imaginative promotional [older designed to remind ··recipients of a stock offering, "check out in all regards? II doesn't seem so. but so far the critics apparently have been few. - · S i n c e last October, eight or " m o r e broker-dealers have moved here, as weil as ihe en" tire trading and sales operation 'of the big "third market" ".'house. Weeden Co. About 16 are here now. and more might "be" coining. Response to a recent Wall Steet Journal advertisment was termed "spectacular" by a city consultant. And. because it mimicked the appearance of a typical tombstone ad for a nev goffering, it drew many appre- -'ciafive chuckles. ··" "Jersey Citv: A New Street" it was headlined, and it ^ contained these lures: "Divi- dends may accrius from the day - you begin operations ... better " fax climate ... 40 per cent lower ; electricity costs." \ . And this: "In the opinion oi /comparative cost analysts, an average over-the-counter stock .. broker may register 22 per cent "lower operating costs in Jersey -:Cily as compared to Manhat- Jan." Send for prospectus, the ad advised. .... The prospectus itself informs the reader that "a firm with ^-annual gross receipts of S3 rail" lion would incur operating costs - in New York City of approxi- - mately J3.S5 million compared ' to S2.575 million in Jersey City . The conclusion apparently , yas drawn from a selected list of operating costs factors con- lained in an Area Development . - C o u n c i l ' report published in 1973-1974, but the actual figures seem lo have" come from a late- 1971 survey. A .spokesman for the Chamber of Commerce said a consultant chose seven firms By THE ASSOCIATED PHKSS About 150 people were milling outside Ihe .Masonic Temple in Peekskill. N.V. when J i m m y Carter arrived just after dark. He waded through outstretched hands into a room filled with people, smoke und an out-of- lune band tootling that Democratic standby. "Happy D a y s Are Here Again." Then he talked to a family audience about iiis family. "My w i f e , and 1 have been married 30 years. 30 years in July," he said. "We have three sons. My first son was born in Virginia 28 years ago. My second son was born 25 years ago in Hawaii; my third son w a s born 23 years ago in Con necticul. And then my wife and I hud a argument for 14 years and 1" finally won and we have a 8-year-old daughter in Geor gia." The crowd laughed and ap plauded. Jimmy Carter ha won another audience. It happens day alter day ii state alter slate. For it is clea from watching Carter's cam paign for ihe Democratic pres dential nomiaition that muc of his early success stems iroi the definitive political ability t size up an audience quickly an seize on its pet interests. Carter's basic campaig promise is simple: "I'll nevt tell a lie." Try as they may, h opponents have been trouble t catch him in one. What Carter does instead subtly change the emphasis ' the same dience to how he says it and what pan i the message he chooses to en phasize. . One of his opponents, lie; Morris K. Udall. told an a dience recently: "In Boston, h got a good part of the antibu -message From audience, changm jig vole and a Roxbury he was mile away ..,, ..,, jetting a lot the black vote. That's a gpi day's work if you can do it." An example of the way h works came recently befo two different White Plains N'.Y. In White Plains, i audiences tnd Peekski ighl to treat them with reviling with the blind or (he sabled or alleviating hunger training people." In While Plains, he finished s talk like this: "Cut Hie other 90 per cent ho can't work lull time, we .gtit to treat them wit breed, decency and concern and ve ... There ought to be a ork incentive aspect built in. o that if a mother, f o r in- anco, tias two little children rid she can leave those kids i t h a grandmother for ours a week -- her husband's a d -- she ought-to be eticoiir- ed to take a part · time job nd not hsve her welfare pay icnls suffer for it." government: off of Ihe property taxpayer. 1 hope that in Iho future we never h a v e anulltcr properly lax dollar eral welfare cosls. lo come out of Ihe stole and go lor fed- That ought In Peekskill, ay ended this "We've got to lake Ihe wel- re responsibilities off ot local ederal treasuries.' He did not use of lhal slandarrl speech. Which places and not in others, In parts of it he uses depends on the audience, the location and their questions. Jewish voters, he talks about the Mideast and his "per- Ihe While 'lains line in Pecksill and vice ;crsa. Carler does not go into specifics about his welfare" revision plans, which involve having states pick up some of the cost. Nor does he say how nutch it would cost and how much it might diminish local property was faxes. He responds lo questions about 11 by saying he believes much of il could be financed by shilling cosls and through his government reorganization plan. Like most candidates running for any office. Carter h a s o standard speech und variations i jsonal fricndshii Meir. Yitzl ips llabin with Golda _ 11 and other sraeli leaders. At Iho Rockland bounty Social Services Agency icadquarlers in Pomona, N.Y., le talked about his health care progium; in depressed Buffalo, ic talked about his program for creating jobs: in Peekskill lie got applause by mentioning he vas the only one of GO fellow javal officers to vote in 1918 for Harry S. Truman and played u variation on his "I'll never lie to you" theme by arid- ing "And I believe Harry Truman never lied either." There are parts of his stand oncral, the less educated Ihe Ludience, the folksicr he T?els. In Peekskill, on the character of the American people -- "a -remendous' untapped reservoir of good sense, sound judgment, intelligence, ability, vision, a commitment to the work ethic'. To New York Cily blacks and again in Peekskill: "1 was the "irsl person in my daddy's Pujn- to go past high school." '.n New York City, .a talk Ik to a In his early p r i m a r y : successes, Carter has gotten votes from inlerest groups normally in conllicl: blacks and people opposed lo busing: Chicago or- ganglion politicians and re form liberals who regularly oppose them:, b l u e collar and white collar. . ' It's the same way os he cam- oomful of black loaders '"C5 icr cent of my neighbors in 'lains are black and we get along fine") elicited a constant Again, he played to _ln»; crowd, emphasizing h i s com-; plaints about what, lie called'.thB ; 'boss dominated" New Y o r k ; background · murmuring of right on!!" and "tell it like it s " He got sustained applause n Peekskill, where there were Wallace and Ueagan sympathizers in the audience. At Union College in Schc- ncctudy N.Y., where Carter did Graduate work in physics 25 years ago, the chapel was filled and.- there wore about 300 le outside who couldn t -get ,,,. Local Carter workers · said several local schools had been let out early so that the students could come, hut nonetheless, the impression 'was that the former Geori"' reception favorable. primary system: iccr and ·g[a governor's )vcrwhelmingly 'As an engi-J 1 ii scientist. 1 have n o t ; vet figured out the electors!; roccss in New York Stale.' ; There cs one Carter constant, ; usually as he is about lo leave. . 1 love my country," he says., "nut it's just as m u c l r y ou r: country as it is mine and if you - · · - :- Jrt W ltji If yon .'nTright, 'vole for me. If ,,,,, Ihink my opponent is right, vole for him. But our country should be a source of pride and inspiration instead of shame, apology and embar- It rarely fails to provide a buoyant exit. .hiltk sornellunj it, do some!'' SAVE $48.96 NOWI POWERFUL 5 HP Reg. ' $289.95 i Value! TILLER with Power Revers* 99 $ 249 Dependable Briggs :Strattan engine w/easy spin slarter. Has conlrojs" on handle for easy reach. Center- mounted clutch. Double steel frame w/duarable enameled finish. WESTERN AUTO Evelyn Hills Shopping Center and Springdale Store Business and Industrial NEWS LEWIS BROS. CARPETS HAS QUALITY LINES was a sub- each city, - sentattve" small but sample, he - tained, and then went to work - analysing operating coats as a : per cent of total costs. The tabulation shows 1.84 per cent of operating costs in New York were att ributabte lo - leased wires. Nothing »vas listed in the Jersey City column. - · " T h i s is exactly the way it came back to us," tbe spokesman said. Postagfi amounted to 1.79 per cent in New York, only .70 per cent in Jersey City, "i can tell you that's (he way it was re - ported to us," said ihe chamber - spokesman. - Equipment rentals are shown as being one-filth those of New York, in percentage terms. " do know a number of firms: -h^re farm out their data proc- essing," the spokesman said. "They don't rent the whole equipment." Whereas tickers and projectors were listed as a cost factor in New York, the Jersey City side of the tabulation" was left blank. Same with "losses on errors and bad debts." The blanks apparently were counted urban crowd, sprinkled with ] btocks. It was well-dressed,. young, and middle class in an area where Democrats are basically liberal. An hour later, m Peekskill,,. he spoke to workers, foremen,' and small-business men and their families. Mnny were dressed in work clothes and several said they had voted in the past Tor George C. Wallace and were sympathetic to Honald Reagan's challenge to Pres-- idc-nt Ford. Jn both places. Curler discussed welfare, and in both his basic position was the same: lhat welfare recipients who can work should be trained, taught to read, and offered jobs; t h a t j the federal und state govern-1 ments should take the welfare ' burden off local agencies with a uniform' nationwide payment to take care of their basic needs; that welfare workers should stop " s hull ling paper" and as zero expense. Whatever tbe survey might - i n d i c a t e lo others, to the city it i added up lo this statement on . 'the prospectus: "A recent private survey of 14 New York Cily and Jersey City f i r m s indicates that stock ', brokerage houses may save a · m i n i m u m of 20 per cent in operating costs (before taxes) in Jersey City." · Fevs' people seem inclined to '^ook critically at the figures. In ' fact, a very casual survey of peop!/i in Ihe securities industry and elsewhere suggests it · might have enhanced the city's · ima?e of a community on the 'move. , , [- The ifca, they seem to feel. Is bright, aggressive, resourceful and innovative, if perhaps a bit opportunistic of New York's problems, and these arc qualifies lhat investment people un d e r s f a n d a n d admire. Clements Sights Academies As Military Centers WASHINGTON (AP) - Pentagon officials suy th U.S. service academies expose their cadets to "a deliberately stress- r ul environment" to prepare :hcm for the demands of com mand in combat. Replying to criticism of scrv^ ice academy education prac tices, the Pentagon contend? that West Point, the Nava Academy and the Air Force Academy should not be com pared with civilian colleges ant universities. "\Ve should not lose sjgbt o the fact that the academies art m i l i t a r y installations p e r forming a training as well a. an educational function," Depu ly Defense Secretary William Clements has told Congress. Clements, who heads a top eve! Pentagon committee . su pervising education in tb We have fashions to fit you your budget by . . . Butte Knits the clothes tree Evelyn Hill* Shopping C«nt«r Stan Campbell, manager of Lewis Bros. Carpets, invites customers to compare their brands *ith any in !h»; COMPLETE - Wussler Named .-_· NEW YORK ( A P ) -- Robert ;i,'Wus5ler, hired as a mail room ·t'cTerk in 1957. has been named ^ p r e s i d e n t of the CBS Telcvision i i'iNctwork to succeed Robert D. '''Wood, who .has resigned to be'-'come 3 producer. ·'· Wusslor, 40, vice president -'" [or sports since -July 1574, came ^ ' u p through [he news side of the .' : network. He won Km my v'awards for news coverage, m- ' ' eluding two for covera ge of ' · ' U S . Apollo space frights. - * « John A. Schneider, president *;of the CBS-nroadcast Group, · ' · s a i d Wood, who was president Xof the network for tlie past sev- T'cn years, would produce fea- · ' t u r t s exclusively for CBS "in ' his favorite j*irt of the country ·-- Southern California," · Wod, 51, is [caving after a : · season when, for the first time. frequently led CBS eek in (he Nielsen ; ABC -ratings. has by firmed services, aimed his re- at charges by Congress General Accounting Office thai militay cadets are dropping out of (he service academics in record numbers primarily be cause of heavy emphasis on I competition and stress. "The present system is intended not only to lest nnrl evaluate the individual," Clements said, "but also lo see how he might react in tbe Future under conditions of stress. "The academies provide a deliberately stressful environment in which mistakes do not lives or equipment, or :ompromise national .security. This competitive environment lets (he cadet or m i d s h i p m a n gain an appreciation for the personal, professional, am] organizational impact, of his fail ing to rnect assigned responsibilities. "When be is commissioned, he irAiy be required to f u n c t i o n in combat umlcr (he most ex- ireme conditions of enlal and physical .stress where f a i l u r e often costs lives. Giving him adequate advance preparation reduces the risks involved." Clement. 1 ;, the Pentagon's z ond-ranking civilian official, .suggested* t h a t attrition should not he regaded as wasteful, fn many ways,.Clements said, the attrition " al the academics "serves zz a screening agent to insure a quality product." · Engine Tune-up $36.88 · Lube and Oil Change $4.88 · Brake Overhaul $56.95 GOODYEAR Service Store 104 N. East Ave., Fayelfeville Phone 442-6222 "If you want Lee's Carpeting, come to us," says Stan Campbell, manager of Lewis Bros. carpeting 'department, "Lee is recognized for quality and \ve take pride in our other top quality lines, such as Evans and Black, Alexander Smith nnd Walters ' Campbell has not only live years of experience at the Lewis Bros, s t o r e but. grew up around his father's carpeting store in Prairie Grove. These years have given Stan an sight into advising each i lomer on just the type of carpet for every need and what he calls a sincere desire to make each customer satisfied for years to come. The Lewis -Bros. Home Center, located on the corner 100 S. Cliurch Ave. ami 100 S Mountain St., has a completely new showroom offering samples of every kind of carpeting from shag to aslro turf Eor poo areas. The wide variety of colors styles, textures are hacked hj some of (ho oldest lines of car I pcling in the industry- Price. i of carpeting include pad installation and may vary witl different selections. "Seleclioi I is the key to a pleased custo mer," says Mr. Campbell/ and we offer personalized hel| vith appointments f o r h o m e nspcclion and custom order ng." Mr. Campbell emphasize that "En comparison, there \ The showroom of Lewis Bros. Carpets displays a wide variety of carpeting from which the customer can choose. little difference in prices around Northwest Arkansas because of high competition, but although prices are similar, brands are different." "We invite you to compare our brands with any in the area for quality," he said. With several payment plans, Lewis Bros, will find just t b c right one lo your needs,' They offer a 50 day plan with: a 20 per cent deposit, or an arrangement for payments up to six months. "If you arc serious about buying carpeting, we seriously want lo please you," says Campbell. It is as easily said as done in (be qutel, friendly atmosphere of tbe Ixnvis Bros. showroom. --'1 ,o cal e d in D owntown Fayetteville, the historic' business district, lhat serves all of Wash- tnglon County, L e w i s Bros. carpeting department is -prepared to offer the very - best in both materials and services lo both tomers. urban and rural ..cus- SWIFT'S JEWELRY has selected groups of Noritake China, Crystal Stemware Stainless and Silver Plated Flatware. !4 to Vi OFF Reg. Price P.KPERT WATCH BEHBflTEiSEN We would like to invite you to drop by for a visit -- just to see for yourself what a delicatessen really is. Our food is superb, already cooked and ready to eot. Have a bife with us or take some home. We're open from 9:00 to 6:00 weekdays and from 9:00 to 5:00 on Saturday. Anna Jean Moncrief 231 W. Mountain (IM blks. VI, of Square) 521-6111 HEAVY MUFFLER Walled;;, , Lifetime Guarantee; All American Cars Pickups Except Tornados El Dorados : DUALS · Exhaust Pipe A Muffler {your choice) COO QE\ ONE SIDE *JZT.T J includes All Clamps, Labor, Hangers, eJc. Seebu'9 MUFFLER Hwy 71 So. - 1 Blk. So.' of Railroad Crossing OUR NEW SHOP IN FAYETTEVILLE Also 1 New Shops In Springfield, Mo. Joplin, Mo.; Omaha, Neb.; Springdale, Ark. Ft. Smith, Ark.; Miami, OW«, 8--6 Mon.--Fri. . 8--5 Sat. 442-4242 ·

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