Delaware County Daily Times from Chester, Pennsylvania • Page 15

IN BUSINESS BUSINESS Fidelity Bank ontrol The Fidelity International overseas, investment sidjary of the Fidelity Bank, has the purchase of a ma- in Balthex Interna- ttonal JitCf, a combination ex-' management firm. arrangement is the first "investment in a combination ex- -t management company by 'an American banking institu- tion. The arrangement was made to permit the export firm, to carry out an expansion program and to a variety of services to exporters not pre- available. C. Peterson, chair- of the Fidelity Bank, said the 'arrangement will offer for small and sized manufacturers to expand their exports or, in some nsrses, to export for the first Fidelity 'International has including a bank iUn Paris and consultant in Switzerland.

4- ANDREW F. MROZ receives promotion Three Delaware County men-' have been appointed vice presi- dents of the Kardon Investment i- a Philadelphia firm. V. are George Adrian, Lindbergh Lee der, 704 Winchester Road, Marple, and Thomas Walsh, 289 Ballymore Road, All three men have been with 1 firm for more than 20 years. Carole Joan Gaal, daughter Mr.

and Mrs. Coleman Gaal Youngs Ridley Township, has received the sil- ver wings of an American Air'---lines-, stewardess. tfi "'Miss Gaal, a 1961 graduate of Township High School, completed at American's Stewardess Col-- Fort Worth, Tex. She also graduated from the Hospital School of X-- -Ray Technology, and was employed at the Boeing Vertol Division, Morton, before joming American. PAUL M.

PITTS, JR. ARCO appointee director of slldent activities at Temple "Philadelphia, named Pennsylvania State "Membership" Chairman of the American College Personnel 1 Association. In his 'new office Stefferud will be the state's representative on National Membership Committee. He be reponsible for the plants ning of association membership procurement activities within the state. He became director of resi- University in 1963 was named director of activities in 1966.

lives at 55 Decatur Road, Paul M. Pitts vice president of the Arco Chemical a division of Atlantic Richfield has been placed in charge of research and development in Philadelphia, Anaheim, Calif. at 8 Rose Valley, joined ther company in 1949. F. Mroz, 557 Valley Road, Springfield, has Htieen' named service sales in the Washington, C.

idistrict of Sealtest Foods. 1 joined the company in 1962. He was promoted to as- r---sistant director of sales tion and advertising 'for the company's eastern division in ,1966., CAROLE JOAN GAAL receives wings Holly Road, Yeadon; Robert MiHard, 226 LaGrange Henry Mitchell, 109 Sherman Road, Springfield; David Morris, Wyncroft Drive, Middletown. Anne Neely, 527 Jansen Ave Tinicum; Harold Pearson, 2 Green Lane, Aston; Gerald Quinn, 805 West Chester Pike Haverford; Clair Tarr, Green Lane, Edgmont, and Earl Wil gus, 322 Powhattan Tini cum. The board of directors of the First Pennsylvania Banking and Trust Co.

have declared a quarterly dividend of 38 cents per share, payable July 1 to shareholders of record June 9. The W6stinghous Electric Corp. recently "awards to 19 Delaware County employes. in recognition of long service records. Arthur Bergen, 1520 Lynnewood Drive, Haverford, received a 40-year service award.

Monna Knapp, 1201-C Holland Ridley Township, received a 35-year award. Receiving 30 year awards were Joseph Apfl, 306 Lindsay Ridley Park and Matthew Hering, '433 Kent Road, Springfield. Also receiving 30-year awards were Louis Colesar, 1012 Morton Chester; Alfred D'Angelo, 209 Baldwin Ridley Park; William Baronsky, 2016 Madison Chester; Marie Bridgen, 4004 Lasher Road, Drexel Hill; Theodore Buck, 2515 Lindsay Chester. Erick Johnson, Pennell Road, William Leedecke, 527 BIOREN'A CO. presents STOCK MARKET DEPORTS Monday thru Friday 12:25 4:25 5:55 WVCH74Q on your AM dial Vessel Stirs Fight By JOHN CUNNIFF AP Business Analyst NEW YORK (AP) The proposed retirement of the nuclear ship Savannah has provoked almost as much criticism and dissension as the threatened scrapping 139 years ago of Old Ironsides.

Old Ironsides, a frigate whose stout oak timbers repulsed British cannon in the War 1812, inspired a poetic defense by Oliver Wendell Holmes and was saved. Today it is berthed in Boston. The Savannah, launched eigh years ago as a symbol of how ships in the future might be powered, inspired congressiona debate in which the language was less beautiful and maybe "ess effective. But the Savannah still alive, at least. The status of the cargo and passenger vessel stil is in doubt, but on July 19, two days before its birthday, the Maritime Administration deliv ered a one-year reprieve from an August retirement.

The handsome white ship, which runs under a federal sub- idy to a private shipping company, is viewed by critics as white elephant with a $3-million a year deficit. Savannah defenders maintain that knowledge and inspiration rather than profit was the original goal, and so they have won the right to keep the ship travel- ng to Europe and the Far East or another fiscal year. There are also strong emo- ional arguments for keeping he Savannah alive. To some, he peaceful-looking ship symbolizes the taming of the once atom. But practical jeople are his view.

ROGER SPEAR buying 2 It inclined to ignore Tennis Plav Inj Progress Beginning tennis is taught at the Marple Newtown Recreational Te'nnis program in morning and evening orogrSms in classes divided according to ability. Robert Pittnian is i'n charge of tbe, program, assisted by JohnlCarullo, Eric Wolf, Amy Miller; Richard Lutz, Kenneth Canfield. Forehand, backhand serve, volley; lob, and forehand and Backhand block shots are bei'ng taught. Winners in the tennis tournament S. lurkel, M.

Turpin, and B. Kelly in the girls competition; and J. Burke, J. Maysent and B. Kelly, in the boys' tournament.

The waning of their support 'or the Savannah, which cost $55 million, has been developing for years. The arguments are both inancial and technological. The Atomic Energy Commission, an original supporter, is now less interested because the ship's power plant is outdated in this rapidly changing nuclear age. It no longer is a vita source of atomic information. The Maritime Administration eels it has learned as much as can about nuclear ship opera- ions, which was one of the orig- nal purposes in launching the "avannah in 1959.

The financial argument main- ains that the ship cost the fed- jral government millions of dol- ars a year, even though the hip's operators claim revenue ast year exceeded operating The operators counter with he other side of the financial argument. To tie up the ship emporarily, they claim, would millions. And to put it in mothballs might cost as much as $9 million. group argues that the savannah must be maintained as a symbol of the peaceful uses if the atom almost without regard to costs. To tear its ensign iown would be an admission of defeat; make it a trade show they say.

Some critics also see national honor at state. A naval architect testified that "the day 'that the Otto Hahn (a West German nuclear vessel now being built) leaves the dock, that is the day the United States declines to No. 2 in the maritime reactor field." Many opponents of mothballing feel that an inert Savannah would hurt the nation by depressing the spirit of development that is supposed to produce many nuclear cargo ships in the next few decades. While not entering the argument directly, the prestigious National Planning Association, which bills itself as nonpolitical and nonprofit, foresees the possibility of nuclear shipping revo- ocean transportation. The NPA also sees the development of nuclear shipping as an alternative to the high construction and operating costs which have priced much American shipping out of world markets.

Regardless of their stand, many Americans seem to view the Savannah as an emblem. They are touched by the symbolic beauty of this peaceful white ship piercing the black storm. But at what price? Next year, at about the same time, the arguments reopen. Teacher Named Al Swartlimore i SWARTHMORE-Richard Mansbach has been appointee Instructor in Political Science a College, starting 'his fall. Mansbach graduatcc om i Swa thmore with high in 1964.

He luis been studying at Oxford as a Marshall Scholar and "'ivccl his Ph.d. in June. Media Fawns Place 4th MEDIA The Media Fawns All-girl Drum and Bugle Corps came i'n fourth place at the International Invitational All-girls lhampionship competition in Hornell, N.Y. First place was won by the St. Jolm Corps of Canada; the Mello Dears, second and St Ignatius Corps, third, both of Now York.

Corps from Connecticut and Ohio also represented in the competition. ho coiiipoiit'on was closely 'contested with only four point's! in the leading con-i 'test a nts. Don't Chase Stock (Q) "I considered Menasco when it was sold recently at 20 and am wondering if I should purchase it how. Just what does this company do? I have very moderate means and don't know how many shares I should buy." M. C.

(A) If you will allow me to dp so, I'm going to offer you a bit of gratuitous advice. It is pretty obvious from your letter that you are not a very knowledgeable or investor. If were i'n your position, I would steer clear of the really hot stocks on the American Exchange, such as Menasco. This is a pretty good company engaged in making landing gear for commercial and military aircraft. The past record of earnings has been uneven but net income jumped sharply in the first nine months of fiscal 1966-67.

The stock has tripled in price this year as speculative interest in the aircraft equipment group has heated up. In fact, the whole atmosphere on the American Exchange has recently been one of fast and furious trading. It is the sort of climate that may carry on for a time but is frequently followed by some sober second thoughts. I wouldn't chase Menasco now, but would put my funds in a less volatile issue with a conservative record of growth, such as American Home Products. (Q) "In July 1966 I bought Bristol-Myers and it has been doing well ever since.

Has it now reached a point where I would do well to something else?" move into W.E. (A) Definitely no, in my opinion. I do not, in this column, attempt to pinpoint intermediate price moves, but these have not in the past been too important as regards Bristol-Myers. The stock has had an unusual record of earnings, dividends and price gains over the past decade and I advise you to regard it as a long-term holding. Summer Concert Set For Tuesday SWARTHMORE The 45- piece summer band will present a concert at 11 a.m.

Tuesday in the intermediate all- purpose room of Rutgers Avenue School. Robert Holm will direct the performance, given for the Summer Club members, their families and friends. Ronald Hockenberry will direct the summer chorus in several numbers, and there will be selections by the string ensemble, and piano and string soloists. Other special events at summer club this week will be Hobo on a carnival and Laurel and Hardy Movie Friday' for the 5th, 6th and 7th grade classes on Friday, and. dramatics club plays on Thursday.

The club will do "Rainbow uold," "The Curse of Hag Hol- ow" and an original play- by the group, "Charlie Brown." The summer club meets from to 11:30 a.m. every weekday at Rutgers Avenue School. Children from three to 7th grade age, may attend -by the day or week, or for the entire program of six weeks. Cub Scouts Plan Picnic Saturday RIDLEY PARK-Cub Packs 264, 395 and 424 will stage a 'Meet Your Neighbor" family picnic at Smedley Park from 10 a.m. to 9 p.m.

Saturday. The theme will be "The Olym- )ics." Ice cream and juice will )e provided. CITY BAND'S 4TH CONCERT SCHEDULED MEDIA The Chester City Band will present a free concert at Glen Providence Park at 8 p.m. Thursday. Lyric Soprano Marjorie Zacharias will be the featured soloist at the concert, fourth in a summer series.

Mrs. Zacharias will sing "I Left My Heart in San Francisco," "You Belong to My Heart," and other numbers. The concert will include a variety of selections by the band. County residents who wish to attend the concert, sponsored hy the Delaware County Park and Recreation Board, may bring folding chairs and blankets for comfort, DELAWAKE COUNTY (PA.) DAILY TIMES 1 Monday. July 24, INDEX UEOAl NctfaM FINANCIAL ROOMS, BOARD With Without REAL KTATI-SAIJ CtiMtar ANNOUNCEMENTS PUritti Card SERVICES tarn Cgttom Scrvfat t.fini»hinf Handyman Income Tax Preparation Inivrgnot TtlovitiM Trucking EMPLOYMENT Htlp.

Holf POSITION WANTED INSTRUCTION Local Initrvctlon Mutic Initmctmii Private Inftrvctmi vnwnvy Awctton SatM LIVESTOCK Daft, Cats. Honn, CaHla. ffe. Poultry Suppliot livMtack MERCHANDISE Artidtt ana 1 Motors luildinf tuilncu Coal. Oil, Campinf SuppliM Gordon SuppliM Houuhold Machinery, Took Mutical Artidoi fwapt REAL ESTATf FOR RENT APARTMENTS Choitor, Fvmttho4 Coonty.

Fumiihorf Choitor, OnfvmWwd County. UnfwraMiMl StaM Offico Goragoi "-Vacation PiacOt tutintti Prop. Wontod Rtltl HOUSES County State Vacation HMM luMIMM Farm tor AUTOMOTIVf AccooxriM WasKinfl Pcintfitfl Kopain Truds Rtntalt Paoonflor Impom-- Sport Mobilo Motercydot Wantod How To Order A Classified Ad PHONE TR 4-5252 Ad-uktr ire on avry Between 1:30 a.m. end 5:30 p.m. Mon- aav tnrousri Friday.

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DIAL TR 4-5252 FOR AD TAKER Or Place Your Ad At Our Convenient Want Ad Counters 18 E. 8th Chester 530 Baltimore Pike, Springfield LEGAL LEGAL NOTICES NOTICE The Supervisors of Concord Township wish to remind the residents of Concord Township that there is an existing Stale Act known as Pamphlet Law 164, providing for destruction and to prevent the spread of Canada thistles, chicory and marahuana, and imposing certain powers and duties upon supervisors and constables in relation thereto. Briefly the law stales that it shall The Daily Times Classified Ads art salesmen, visiting thousands of daily. Marian Martin Patterns LEGAL LEGAL NOTICES be the duty of every person holding land in the Commonwealth by lease or otherwise, on which any of the above weeds may be growing, to cut same to prevent such weeds from going fo seed. In addition the law provides certain penalties for those who neglect or refuse to comply with this act.

If the above is not complied with, the Supervisors are empowered to enter private property and cut these weeds and charge the property owner for the work done. Supervisors of Concord Two. S. L. EDWARDS R.

L. MENDENHALL C. J. UPPERMAN BILL NO. 1st Reading -7-t-67 Passed not before NO.

1967 AN ORDINANCE Providing for the opening of a oo tion of West Sixth street, from tho North-Westerly corner of Sixth and Booth street to a point 400 feet Westwardly therefrom, for a width of Sixty (60) feet, and for the caving curbing of Sixth Street from the Westerly side of Booth Street to a point 400 feet Westward, ly therefrom for a width of thirty- six (36) feet. THE COUNCIL OF THE CITY OF CHESTER DOES ORDAIN' Section 1. That a 'portion of Sixth Street, a planned but unopened street be opened for a width of sixty (60) feet from the Westerly side of Booth Street to a point- 400 feet Westwardly therefrom, said portion of Sixth Street beinq bound and described as BEGINNING at a point, the Northwesterly corner of Sixth and Booth Streets; THENCE (1) along the Southwesterly side of Booth Street 60' to a point; THENCE (2) along the Southeasterly side of W. Sixth Street fo a point; THENCE (3) 60' to a point; THENCE (4) 6r-42'-ll" 400' to the first mentioned point and place of begin- I ning. i Section 2.

That the cartway of I Sdid Sixth Street, from -the Westerly side of Booth street, to a point 400 feet Westwardly be paved and curbed by the City of Chester to the full width of thirty-six (36) feet, the cost thereof to be borne by the City. Section 3. That all Ordinances or parts of Ordinances inconsistent herewith be and they are hereby repealed. WE HEREBY CERTIFY that this Ordinance passed Council this day of A.D., 1967. MAYOR Attest: CITY CLERK BILL NO.

1st Reading 7-6-67 Passed not before 8-3-67 NO. 1967 AN ORDINANCE Providing for the opening of a portion of Clayton Street (60' wide) from Front street to Delaware Avenue, and for the paving and curbing of Ciayton Street from Front Street to Delaware Avenue for a i width of thirty-six (36) feet. THE COUNCIL OF THE CITY CHESTER DOES ORDAIN: SECTION i. That a portion of Clayion Street, a planned but.un- I opened street be opened for width of sixty (60') feet from Front Street to Delaware Avenue, said TOPS for SnOrtS, berniUd- i portion of Clayton Street being clrirtc! QDUI ca- bound and described as siac.K5, sKins. oew set BEGINNING at a point, the North- fan style with collar, pleat- 9057 10-20 pocket or side-slit tunic, i ideal for border prints.

Printed Pattern 9057: Mis- Sizes 10, 12, 14, 16, 18, 20. Size 14 top style yards. FTVF in A i i coins for each pattern--add i 15 cents for each pattern for first-class mailing and spec- Northeasterly side of Clayton Street E. 420' to a point; THENCE (2) along the Southeaster, ly side of Delaware 60' to a point; THENCE (3) along the Southwesterly side of Clayton St. W.

420' to a ooint; THENCE (4) crossing the yards 35 inch; Other 2V? bed Clayton St. along the North- westerly side of From St. f2 19'-17" E. 60' to the first mentioned and place of SECTION 2. That the entire cart" of said Clayton Street from Avenue City of to the full width o5 thirty.

feet, the cost thereo! to be ial handling. Send to Marian i by the city. Martin T) Pa.mvr, nf SECTION 3. That all Ordinances niarun, oZ, raitein IJCpt. or parts of Ordinances inconsistent 232 West 18th New York, IN.Y.

10011. Print NAME, be and they are hereby WE HEREBY CERTIFY mai this u.uu 7in CI7t Ordinance passed Council this With SIZE, day ol A.D., W. MAYOR Allcs CITY CLERK. 1.