The Herald-Palladium from Benton Harbor, Michigan • 29

THE JXEWSFXU3JWB, ESfTOCt HkVflCB, EICEL PACE TWENTY-NINE THURSDAY. OCT. 2S. ins MATKMAL WtATHtM SfffVJCf a3T- UAOaatef NEWS OF MARKETS -ftk st mmm -w ssk Benton Woman Hangs On; Purse Snatchers Flee New York Stocks as quoted by WM. RONEY 665 W.

MAIN, B.H. infill m-mm AsK UatU frttoy M-mne iMletod PfMieiteti Net htdiffi CaMk Ual fefMett Today's Weather Map MELD: It will be cold with snow and rain over the north central and north western portion of the nation today. It will be mild with rain and showers in the midwest and warm in the southeast (AP Wirephoto) Close Late 51- 51 Allied Ch 27- 27 Am Can 28- 28 Amer Elec Power 28y4- 28 Am Motors 9. 914 Am Tel Tel 48- 49 Am Brands 42V 42 A.M.F 50. 51 Anacon is- 17 Avco i4- 15 Beth Steel 25 Boeing 22-22 Brunswick 30- 28 Burroughs 221-222 Ches It Ohio 47- 4734 Chrysler 32- 32 Cities Svc 414- 42 Comsat 58- 59 Cont Can 28V4- 28' 4 Dow Chera 95- 94 Du Pont 169V1694 East Kod 138- 137 Ford Mot 65- 65 Gen Elec 64- 64 Gen Fds 25- 25 Gen Motors 75- 764 Gen Tel Elec 28- 28 Gen.

Tire 26V 26 Gillette 59- 58 Goodyear 27- 27 111 Cent 29- 29V4 Int Bus Mch 3834-3784 Int Harv 36- 36 Int Pap 36- 36 Int Nick 32- 32 Int Tel tTel 52- 52 Kennecott 23- 23 Kresge. SS 43- 43 South Fair avenue, Benton. Harbor, was arrested on charges of larceny from a vehicle and drunk and disorderly at 11:54 a.m. yesterday, according to city police. Patrolman James Spalo said he received a report that two men had stolen a number of containers of ice cream from a truck parked at Angelo's party store on Territorial road and Fair avenue.

One fled, and was caught hut the other man had escaped when officers returned, Spalo reported. The officer said all but one gallon of ice cream was recovered in the party store parking lot Benton Harbor police also said a front-end loader, reported stolen from Michigan Standard Alloys Milton street plant at 12:01 a.m., was recovered about four minutes later in the 600 block of Ogden avenue. Police said they saw some youths run from the machine into a nearby house, but no one was apprehended. Officers later received a report from Carl Palmer, 17, of 177 Catalpa avenue, who said he had been hit with the machine while crossing Baird street. Police said Palmer was treated for leg bruises at "Mercy hospital and released.

Robert Finch, of 1197 Highland avenue, Benton township, told township police two TV's, a casette recorder, and about $80 cash was stolen when his home was ransacked between p.m. yesterday. Police said a door window was broken. James Harris, of 555 Cass street, Benton Harbor, reported to Benton Harbor police a $500 tape recorder-radio set was stolen from his residence Tuesday night or Wednesday. Police said a door was unlocked after a window was broken.

TONIGHT, P.M. New Coloma School Open For Inspection COLOMA Coloma school district residents will have their first opportunity to inspect the newly opened junior high school during back-to-school night tonight from 7 to 9:30 p.m. The new school is located behind Coloma high school. Donald Spilger, junior high principal, said parents of junior high students should first go to the cafeteria for an opening ceremony before visiting their children's classes. He said refreshments will be served in the cafeteria during the last half hour.

BENTON TOWNSHIP Stored Auto Seats Damaged By Blaze LOCAL LISTED SECURITIES Supplied by BERRIEN SECURITIES, INC. 219 E. MAIN, American Metals-Climax Bendix Corp. Clark Eqiript Consolidated Foods Hoover Ball and Bearing Co. HammenniD Paper Hayes Albion Corp Koehring Mich.

Gas Utilities National Standard Pet, Inc i Schlumberger Whirlpool Corp Wicket Corp. A Benton township woman told Benton Harbor police two youths tried to snatch her purse as she was entering a funeral home, but she hung on to the purse and the youths fled. Police identified the woman as Rose Conrad, 50, of 1648 Columbus avenue. She told officers she was about to enter the Frost funeral home, 420 Pipestone street, at .7 15 pjn. when the youths tried to snatch her purse.

Part of the handle broke, and the youths pulled her onto the ground, she said, but when she hung on the assailants fled on foot Mrs. Conrad sustained cuts to the knees and hands, according to police. Benton township police reported three youths, ages 14 and 15, were arrested on breaking and entering charges at 11:38 p.m. yesterday. Patrolman David Parsons said a janitor at Boynton elementary school, Britain and Crystal avenues, heard someone inside the building and called police.

Parsons said two juveniles were found in a bathroom and the third in a closet. A number of closets had been ransacked, but nothing appeared to be missing, the officer said. The 14-year-old was petitioned to juvenile court and released to his parents, while the two 15-year-olds were lodged in the county jail, Parsons said. Douglas Davis, 29, of 680 Benton Man Is Accused A Benton township man was arrested on an assault and battery warrant last night, and after officers arrested him, they also charged him with having three suspected marijuana cigarettes in his possession, Berrien Metro Narcotics agents reported. Arrested was Terrance Bradford, 29, of 1411 St.

Thomas street. He is charged with a Benton township assault and battery warrant and violation of the controlled substance act. A Metro officer said he observed a man in a Benton township bowling alley, and realized the man was wanted on a warrant. The officer said as he arrested the man, the suspect pulled a pack of cigarettes from his pocket. A search of the pack turned' up a quantity of regular cigarettes and three suspected marijuana cigarettes, police reported.

Officers said the arrest occurred at 10:45 pjn. South Haven Hospital SOUTH HAVEN Patients admitted to South Haven Community hospital Wednesday included Mrs. Harriett MckimmJe, Mrs. William McDonald, Clyde Brinks, Mrs. Dale Byrd, Mrs.

Elmer Neiding, Miss Sandra Stan-sberry, of South Haven; Miss Linda Spiecher, Mrs. Charles Krogel, Mrs. John Jones, Arthur Minshall, of Bangor, Mrs. Kathleen Reid, of Fenn-ville; Charles Montgomery, of Bloomingdale. INVESTORS' GUIDE Dip Into Capital? But For How Long? y0 related fire at 9:04 p.m.

This time, though, the fire was in a car, a 1972 Opal. Firemen said the car caught fire at 478 Vineyard street. The owner, Ernest Gownes, resides at 725 McAllister avenue, Benton Harbor. Firemen believed the fire started under the dashboard from a short in the wiring." There was heavy damage to the dash, and smoke damage to the interior of the auto, firemen stated. Memorial Hospital ADMITTED St.

Joseph Roy A. Hamblen, 2992 Dozer drive; George E. Karl, 1705 West Glenlord; Robert A. Howland, 720 Marvin avenue. Benton Harbor Mrs.

Terry J. Blythe, 1405 Bishop; Idris Y. Johnson, 1763 Britain; Edward Robinson, 581 East Main street; Mrs. Ernest G. Foster, 1536 Mawmee road; Mrs.

James L. Keller, 607 Blaine. Berrien Springs Richard L. West, Garland apartments A-12, Andrews university. Covert John Bennett, route 1, Box 632.

Eau Claire Shawn R. Herman, P. O. Box 334. Hagar Shores Allen L.

Gardner, P. O. Box 14. Sister Lakes Michael J. Smallbone, Box 87.

Stevensville Paulett S. Drummond, 604 West John Beers road. Three Oaks Robert M. Grosse, 4101 Magnolia. Watervliet Maurice A.

Keller, route 2, Box 500. BIRTHS Benton Harbor A girl, weighing 7 pounds 14 ounces, was born to Mr. and Mrs. Michael E. Davis, 2035 Gaines, Wednesday at 8:14 a.m.

A boy, weighing 8 pounds 10 ounces, was born to Mr. an-ouncesr was born to Mr. and Mrs. Norris G. Els wick, route Wednesday at 10:13 p.m.

Eau Claire A boy, weighing 7 pounds 15 ounces, was born to Mr. and Mrs. Roger C. Sirk, route 1, Box 164-P15, Wednesday at 6:44 a.m. Sawyer A girl, weighing 8 pounds 2 ounces, was born to Mr.

and Mrs. Dan P. Pearce, route 1, Box 350-2, Wednesday at 9:47 a.m. Market Spurred By Talks NEW YORK (AP) North Vietnam's claim that the United States bad first agreed to sign a cease-fire agreement be-- fore ttM end of the month, but than asked for more time, sent the stock market broadly higher today. The Dow Jones average of 80 industrial stocks was up only fractionally, but advances led declines by about 3 to 1 on the New York Stock Exchange.

Brokers said investors teemed to be taking the Hanoi statement- on peace negotiations as encouraging. They noted mat some political analysts said a cease-fire in Indochina was near despite South Vietnam President Thieu's reluctance. Early Big Board prices today included Hospital Affiliates, up at 22H; warrants, up 'to7S; Continental Oil, up to 36V, Pan American World Airways, ahead ft at 10; and International Harvester, up 4 at 87. The continued flow of solid corporate earnings reports helped bolster a faltering stock market Wednesday in the absence of tangible steps toward an Indochina ceasefire. The Dow Jones average of 30 industrial stocks closed down 1.13 points at 951.38, while declines narrowly edged out advances on the New York Stock Exchange.

Trading was moderately active. The American Stock Exchange eked out a small gain as the price-change index added .01 to 25.82 in moderate trading. Local Forecast Southwestern Lower Michigan Partly cloudy tonight and Friday. Low tonight 43 to 48, high Friday 62 to 68. Southwest winds 10 to 20 miles per hour tonight, increasing Friday.

Chances of rain 10 per cent tonight, 20 per cent Friday. The Weather Picture The highest temperature in Mkhigan Wednesday was SO at Muskegon. The overnight low in Michigan was 32 at Detroit. The highest temperature in Detroit one year ago today was the lowest was 51. The highest temperature since 1872 in Detroit on this date was 83 in 1963; the lowest was 22 in 1887.

The sun sets In Detroit today at 5:35 pjn. and rises Friday at 7:00 am. The moon rises today at 9:02 p.m. and sets Friday at 12:46 pjn. Michigan's sky conditions, Wednesday's highs, overnight lows and precipitation at selected sites: High 46 Low 41 32 37 37 41 38 35 85 43 47 42 42 Alpena, cldy Detroit, clear 47 Flint, fair 46 Gr.

Rapids, fair 48 47 Houghton cldy 45 Jackson, ptcldy 45 Lansing, clear 47 Marquette, cldy 45 50 47 S.Ste. Marie, cldy 47. Traverse City, cldy 49 45 EXTENDED FORECAST Partly cloudy, chance of showers Saturday and Monday. Lows mid SOs to mid 40s Saturday, upper SOs to upper 30s Sunday and SOs Monday. LOCAL GRAIN; Buchanan Co-ops Bacbuum.

Michigan No. 1 Soybeans, $3.16 steady No. 1 White Oats, steady No. Rye, jn steady No, 2 Barley, .75 steady No. Ear Corn, $1.08 down 3c No.

2 Shelled Corn, $1.11 down 3c No. 2 Wheat $tW down lc Deeatar Elevator Co. I Deeatar, Mich. March Corn, $U4 down lc No. 1 Oats, steady No.

3 Ear Corn, ti.10 steady No. 3 Shelled Corn, $1.16 steady THIEVES KILL HISTORIAN KABUL AP) An eminent. 7, Afrfhan historian. Prof. Mo- hammed All, 78, was strangled 5 totambyaiTOUpof thieves in rtneT mtV today, 19- 20 29- 30 80- 81 24- 24 17- 17 16- 16 SV- 3V 35- 35 28V4- 28 35V4- 35 16- 16 50- 51 108-109 48- 48 46- 47V' 72- 73y 78- 79 84- 84 32- 32 20- 19 32V 32 43- 45 41-42 44- 44 3- 3 15V4- 15 20- 20 28- 28 94- 94 46- 47 42- 43V4 34- 34 47- 47 UNLISTED STOCKS North Cent Airlines 4- 5 So.

Mich. Cold 60- Bid Nat Mob Concrete 9- 10 B.H. Previous Close 28 42 51 40 42 .....13 19 ie 15 31 35 78 24 Today's Latest 29 42 50 40 42 14 18 16 15 31 35 81 36 24 10 per cent 17 years. If your money is earning 8 per cent and being eaten into at the rate of 9 per cent, it will last 28 years; and if the withdrawal is at 10 per cent, 20 years. Money earning 9 per cent and being used up at the rate of 10 per cent will last 26 years.

All of which is extremely interesting even though it offers no guaranteed basis for a withdrawal program by an investor who can't know how long he will be around to do the withdrawing. PROBABLY RIGHT Q. I read la your column about tax-free bonds and bonds that yield 7 per cent and think these would be better for me than the 6 per cent received from a special savings account. A broker said tax-free bonds would yield about 5 or 5 per cent but that there would be a commission. All in all it sounded as though I would not be as well off as I am in the bank with my $5,900.

A. You're probably right. If this $5,000 is the total of money you have for investment it should remain in an insured savings account Corporate (taxable) bonds will yield, around 7 per cent and tax-exempt bonds about 5 to 5 per cent, on average. Commissions for buying and selling five bonds might come to $25 for each transaction. The tax-exempt bond would not be right for you unless you are in an income tax bracket of 30-35 per cent.

The corporate bond would yield 1 per cent more than the bank, but would subject you to market floe tuations. Furthermore, if you needed the money in a hurry there is ho guaranty that you would get back all you invested. (You could, of get back- a bit "more if the market goes with you.) One vote tor staying with the savings account Shulsky welcomes written questions, but he will be able to provide answers only through-the column: For information on annuities, please include i self-addressed, stamped envelope. Address vow requests to Sam Shulsky, ctre of this newspaper. Kroger MacDonneQ Douglas Magna vox Minn.

Mining Marcor Nat Gypsum Olin Corp Pa Central Phill Pet Raytheon RCA Reyn Met Reyn Ind. Sears Roeb Shell Oil Sperry Rd Std Oil Cal Std OH Ind Std Oil Swift Tetedyne Textron TWA Union Bag-Camp Un Carbide Un Foods Uniroyal Union Oil Prod. US Steel Warner Lambert West Un Tel Westinghouse Woolworth Zenith Rad Offerings Of Fruit Slipping Fruit offerings at the Benton Harbor fruit market Wednesday continued to taper off with apples being the only item of any volume. Prices paid Wednesday were: APPLES Open unclassified. Red Delicious, Jonathan, Golden Delicious, Cortland, few $2.25, Mcintosh, few $2.50, Winesap, few $2.

Receipts: 2,759. TOMATOES 8-qt. cartons, Mich. 1, 12-qt baskets, Mich. 2, $1.

Receipts: 552. PEARS Open unclassified, Bosc, $3.25. Receipts: 136. 1 There was a total of only 3,679 packages on 85 grower loads Wednesday. Six day buyers were present Computer Club Elects Area Men Carman Gargano of Modern Plastics Co.

and Bob Taylor of Paramount Die Casting Co. were elected to the board of directors of the Southwestern Michigan Chapter of System 3 Users club (data processing) at a recent meeting. The club was organized recently for the exchange of ideas and informaflftn on the System 3 computer. The next meeting will be Tuesday, Nov. 7, at St.

Joseph Holiday Inn at 7 p.m. Terry Drake, assistant director of Notre Dame computer center will talk on "How to organize to get the data processing job-done." ADMISSIONS Patients admitted to Mercy hospital during the past 24 hours include: Benton Harbor Anthony Campbell, 1097 Agard; Felicia Ransom, 693 Superior; Mrs. John Monte, route 3, Box 110; Mrs. Arthur Bell, 771 Ogden; Mrs. Nora Thar, 465 South Fair; Mrs.

Donald Swanson, 1887 Broadway; Mrs. John Grisaom, 2317 Butler; Anita Davenport, 2610 Clinton. St. Joseph Amy Ellingson, 5219 Hollywood road. Coloma Michael Chester, route 1, Box 497.

Hartford John Vargo, route 1, Box 127. Sod us Mrs. Karl Maikowski, 6520 Hillandale road. South Haven Michele Finley, route Harvey Brown, 913 Monroe. Stevensville Mrs.

Robert Yampolsky, 1588 South Cherry drive. Mercy Hospital Watervliet Hospital ADMISSIONS WATERVLIET Patients admitted to Watervliet Community hospital during the past 24 hours include: Watervliet Mrs. Woodbury Austin, route 1, Box 970; Mrs. John Giese, route 1, Box 440; Harold Peirce, 234 Pleasant; Mrs. Harold Jones, route 1, Box 797.

Benton Harbor Thomas Lobdell, route 2, Box 434; Mrs. Robert Hirsch, route 3, Box 170-C. Coloma Mrs. Leonard Radtke, route 3, Box 696; Mrs. Elsie Ballard, route 4, Box 35; Richard Dreksler, route 3, Box 57.

Covert Tommy Massey, P.O. Box 152; Michele Burns, route 1. Box 729. Dowagiac Mrs. Charles Cartwright, route 6, Box 512; Mrs.

Van Livingston, 116 North Mills. Michigan City David Werner, 124 Ann. BARRY TO VISIT MUSKEGON, Mich. (AP) Sen. Barry Goldwater, will visit Muskegon Nov.

1 to campaign for President Nixon and U.S. Sen. Robert Griffin, Grace Atkinson, county chairman of the Committee to Reelect the President, said Wednesday. Benton township firemen reported they extinguished a fire in a number of auto seats yesterday. The seats, however, were in the basement of a residence.

Firemen said the blaze occurred at 5:24 p.m. at the residence of Martin Duke, 144 Collins street, Benton township. According to firefighters, Duke had some car seats stored in the basement near a gas furnace, and the seats caught fire, along with portions of the basement. There was extensive smoke damage throughout the house, and heavy damage to the seats and basement, firemen said. Benton Harbor firemen reported putting out a car- Charges Against 3 Dismissed Charges on three persons involved in separate incidents were dismissed yesterday in Fifth district court on motions from the prosecutor's office.

assault and battery charge against Lowell Reisig, 45, of 1620 Colfax avenue, Benton township, was dismissed because a subpoena could not be served on the main witness. The witness was out of town on business when, officers attempted to serve the subpoena according to, court records. Reisig had been charged with striking Richard Heimel in Oronoko township July 4. Elmer Olson, 32, Galien, had a charge of assault and battery dismissed yesterday. He had been accused of striking Sandra Shedrow July 8 on Cleveland avenue in Galien township.

'Charges of delivering mescaline Aug. 31 on Longhorn Trail, Stevensville were dismissed for Carol Ann Campbell, 17, of 154 Messner drive, Benton township. Assistant prosecuting attorneys involved with the dismissals of charges against Olson and Carol Campbell could not be reached as to why the cases were dropped. BY SAM SHULSKY ONE OF THE MOST frequent reader queries runs something like this: If I dip Into my capital, how long will it last? This question comes, generally, from two different groups of retired investors: l) those who can't live on income alone and are forced to dip into capital to make ends meet; and 2 those who have no heirs and are not interested in leaving an estate. The question is a fair one even though there is no positive answer since there is no hard and fast method of determining Just bow long one will live.

Life Insurance companies and those religious, educational and charitable institutions which sell lifetime annuities don't know eithes. But they do have the benefit of mortality tables and by pooling large amounts of money can guaranty a lifetime income, figuring that what they may lose on the long-lived Does they will make up on the shorter-lived Roes or vice versa. However, for what it's worth, the most recent issue of Breyits, issued montniy by Vance, Sanders the mutual fund people, carries an extremely interesting chart showing how long your money will last if it is earning per cent annually and if you are withdrawing at the rate of per cent each year. The chart shows that if your money is earning 5 per cent a year (and, these times of high interest rates there certainly is. no reason for you letting it work for less) and if you are withdrawing at the rate of 6 per cent a year your money will last 36 years.

If the withdrawal Is at the rate of 7 per cent the money will last 25 at 8 per cent, 20 years; at 9 per cent, 16 years and at 10 per cent, 14 years. If your money is invested at 8 per coot, an annual withdrawal of 7 per cent of your capital will exhaust your money in 33 years; at 8 per cent, 23 years at 9 per cent, 11 years and at 10 per years. ,4 If your money is earning 7 per cent, and you withdraw at the rate of 8 per cent the fund wMuutWyemjlf wnMrawal fttaft cent, ttyeart aadat Beautiful. -i I I WNW A(rCEF)NG I fl Holiday Parties Business Meetings I 1 I IN OUR NEW PRIVATE ROOM When it's 5 p.m. and your secretary reminds you that she won't be in tomorrow, you might like to know your Manpower Service Representative, Beverly Kiehn.

She understands your problem and is dedicated to finding the people you need, when you need them. Even when it isn't easy. And that's the beauty of Manpower. Manpower: Secretaries, Typists, File Clerks, Keypunch Operators and all other kinds of Beautiful People. Keep up the food work with MAW0WER Ttmponrj Hda StrvleM 777 Riverview, B.H.

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