Greeley Daily Tribune from Greeley, Colorado on May 27, 1970 · Page 11
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Greeley Daily Tribune from Greeley, Colorado · Page 11

Greeley, Colorado
Issue Date:
Wednesday, May 27, 1970
Page 11
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Page 12 GRBELEY TRIBUNE Wed., May 27, 1970 LAFF-A-DAY Guide to Rooks TWELVE GRINDSTONES. !?y Jolm Gould. Little, Brown. Gould is a Maine raconteur who collects anecdotes, folklore, practical jokes and tall tales-- £ Kins Fnlutn Snd«. "He's improving 70. U'o.Id ,i s kl, rae.vcd Notice how he came to much faster this time?" Business Mirror By JOHN CUNNIFF AP Business Nevvs Analyst By BY JACK SHOLL AP Business Writer John Cunniff is on vacation. NEW YORK (AP) - Two of become more severe since the studies began. The New York Stock Exchange reports a 37 per cent the most comprehensive studies [jump in block volume in 1969 ever undertaken on how big i over 1968. This means, accord- block trades affect stock market ling to the exchange, a big block prices are nearing completion. ! transaction crossed its ticker on More than two years after it j the average of once every four wae created by Congress to j minutes last year, investigate the power of the big Industry observers say the in- b.locks, a Securities ami Kx-jstitutions--mutual and pension change Commission group ex-j funds, insurance companies, pe'cts to present its findings on'(rusts and endowments-- are Nov. 1. i now responsible for about 95 per And a University of Pennsyl-|cent of the block trades. And vania professor's 1'A-year study! I hey say trading by institutions | on the impact of institutional in! accounts for over 50 per cent of vesting in the market is slated!the daily volume on the New for publication in late July. York Stock Exchange. The results of the studies will While the SEC and the profes- undoubtedly cause considerable'tor are analyzing daily stock stirring in the financial commu-j prices, they are also looking nity. Both were launched amidst; into broader aspects related to growing governmental and se-j institutional investing and big curities industry concern t h a t ' b l o c k trading, the buying and selling of large: The SEC study, being done! blocks-- 10,000 or more shares--'under a congressional grant of tends to make individual stock j 8875,000. is zeroed in on the in- prices highly volatile. 'slitutions themselves. Its 50- The major fear was thai the member, full-time s t a f f wants to small investor may not be get- know about how institutions get ting a fair shake in a market i n - j t h e i r funds, how the funds are creasingly dominated by inslilu-j managed and the relationship | tional participation. between the institutions and Ihei Lacking the resources of insll-i companies in which they own| tutions, it was felt the little guy. 8 '"TM-. , . ,, . , . , , may be on the losing end of fasti p ''o f - 1 ' w '» f TM» d s s l u d v ' ' t h e P r ° b l e m "HOUSE DOCTOR" Complete 1-Stop Service Materials -- L.ifoor -- Financing -- Koom Aildi tions -- Repairs -- R«- inodeling. · FREE ESTIMATES Everitt Lumber Co. 2406 10th Street Phone 352-5171 tcrcd on the mutual funds. Friend p a r t i c u l a r l y wants to know if m u t u a l funds arc chan- jneling their investments inlo jcompanics that are most benefi-^ i c i a l to the economy. In othcrj 'words, investing heavily in the steel industry may be belter for the economy than large investments in 111)? candy industry. Neither 'Friend nor the SEC are willing to discuss their preliminary findings. An SEC spokes-man says its report is confidential until it goes to Con-j gress. OPEN DAILY 10-10; SUN. 11-6 A Division of Iht S. S, Kreig* Company WED., THURS., FRL, SAT. Our Reg. 9.88 4 Days Only Slyrofoiini hrnil frirm incl.: il'T roiiily n-wfiir wisli'i ituit. lii.s nil inchiflinu' I'l'tii'lH ;iinl rrnsinfis. Selection of Synthetic Wig In Millinory, H Charge It .tiMmorous iire-styl«l, :,. sn i h f f p r c n t Fhniina s Only . tnll)ii- and . 17.R8 CHARGE IT! some arc very tall--from the Down Knst soi'lor. His book is a scries of small items that illuminate such subjects as old-time railways, stump, pulling, a confusion of three governors back in 'the li!80s, a war amoiij; lobster fishermen, water dowsing, party- OPEN DAILYriO-lb7sUN. 11-6 line telephone mishaps, and a|restauranl out of his massive yarn about some Maine wise bankroll, fired the employee guys putting down a Texas braggart. There also is an anecdote about a roughly clad er who was invited to leave a roadside restaurant because he lacked a tie; so he bought the who had turned him out, had his lunch and then · disappeared, never to return. Also the one about a hunter who fell through the ice on a river and was faced with pneumonia, so he hailed a Yellow Cab to get back to his camp (it just happened (hat aj New Jersey cab driver had been taking his brother to a Maine location). That gives you an idea of the author's yarn-making. Let's just say this is a fireside book of drollery, full of entertainment. Miles A. Smith' Liqhtning Kills CHICAGO - More than BOO people :ire killed and about 18,000 homes are struck by lightning each year. You can get LOVE (cosmetics) at WtUorade Ph»rm*ty-- SH Green Stamps too.--Adv. WED., THURS., FRI., SAT. A DivUiwi «f $.$. Km« C»., wlrh S*nt \n «» Unii»d SWIM, C«n«b, , Auilroli« May-Go-Round Discounts FIVE-WAY NEW TIRE GUARANTEE OTHER^SIZES AND PRICES SIZE REG. S A L E F."E!T. ~i.94~eai 1.96 ea. 2^04 ea. SI 5 ea *·'" ea ' 2.19 ea. 2.33 ea. "2.36"ca~ 8.25x14 8.25x15 8.55x14 8.55x15 22.88 22.B 23T88 23.88 5. con-p'flfl Customer 5a!i!l*cl!on-AII adjuil nonls will bo m»de btiod on our regular ex change nice DIM Hull Federal E^ls.. Tai Regular 18.88 6.50x13 ALIGNMENT SPECIAL! Call 353-8422 for Appointment 4 PLY NYLON PLUS 1.78 F.E.T. Ea. Whitewalls $2 more each NO TRADE-INS REQUIRED EXPERT WHEEL ALIGNMENT Reg. 6.97 ea.--4 Days Toe-in and toe-out adjusted. Caster, camber and steering checked. *Afr conditioned curs ?2 more. 3.97 3-SPEED "300" AIR CONDITIONER KEEPS AUTO COOL Reg. 168.88--4 Days Horizontal and vertical control louvers give maximum cooling. Adapts to atiy car, can be transferred to another car. Jluclel No. 21-6000 COMPACT 8-TRACK AUTO STEREO TAPE PLAYER 48 88 Reg. 66.66--4 Dayj For 12V systems. Has volume tone control dials, speaker balance control. With 2 enclosed 3x5" speakers. Hear your own choices! Miuli'l .No. .MSnC CARRY - ALL TOOL BOX 7.97 « Has lift-out tote tray. 19x8x10^" size. CRANKCASE Conditioner Keeps your engine clean. ?a ton capacity. Steel. POLISHING COMPOUND 57c 78c 12-oz." Rubs out scratches. ·Xnl wl. 5" STEREO SPEAKERS H a n g - u p twin speaker set. LUBE Oil SPECIAL Complete lubrication, I -- oil filter, 5 qt. of any 20 or 30 W. oil in stock. All for 4.97 BY APPT. ONLY OIL AND AMP GAUGE 0-80 Ib. oil, 60-0-60 ammeter. FULLSKIN CHAMOIS 3.44 2 sq. ft. cleaning aid. QUAKER STATE OIL MUFFLERS -- FREE INSTALLATION HEAVY DUTY SHOCK ABSORBERS 36c 10.88 4.88 BRAKE OVERHAUL good for 20,000 nil lei SPIN, CARTRIDGE OIL FILTERS ea.* Reg. to 52c--4 Days Quaker Super Blend or HD20 or HD30 weights. Hurry! Limit 6. Reg. 14.88 -- 4 Days Sizes to fit most 6 and B- cylinder American cars. Save $4 nowl Reg. 6.97--4 Days Enjoy easier steering. Get better tiro mileage, better ride. *JnstnI]atlon ava.ilable. Comjiact Cars RCR. 36.95 _ Standard Cars Reg. 36.95 _ 24.88 29.88 1.54 Reg. 1.96--4 Days Quality exceed* manufactur- en' dpecificationi. S a v e ! Limit 2. 14-INCH CHROME REVERSE WHEELS 11.97* Reg. 15.88--4 Dayt Quality engineered «nd tested. Chrome lug nuts ... 1.44 per wheel. ·Limit 4. 2829 WEST 10th STREET, GREELEY

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