The Star Press from Muncie, Indiana • Page 39

PACE 13 SECTION Loeb on Wall Street Market Week in Review How to Provide for Retirement eain. although a costly one, is mandatory However, investigate Br United Freu International NEW YORK The week la rertew tat By GERALD M. LOEB NEW YORK (NANA) -'On that fears of this kind are re- straight term life. Insurance that the week ending March 14: duced. combines life with investment or Jan.

aociai security taxes DOW JONES BOND AVERAGES Open High Low Clone fhf A safe plan is to check your; endowment is costly and, except part of them. Here it is important to stop and give your self a realistic self-apprisaL Is your decision-making ability up to par? How is your courage? TCan you afford the risk? Many people have been inter and benetits were increased for Indlint 917.14 M4.2 (XV4.2 20 Raila i45.0S 245.31 J4I.W 241.W 4.3 the 10th time since the start of expectancy of life in a good i lor a few very modern policies, IS 1'tils HI 131.90130.72 130.7S .7 modern insurance table. If youjtion. Group policies usually cost the program 65 Stock! 322.48 323.12 318.34 311.34 1.44 less than individual policies. Variable annuities are worth Zt it i double the number of years of your theoretical life expentancy, you can safely invade your capi The Securities and Exhcnage Commission registrations of new promotions include many new of ested in investing, but they never found the time required to devote to the market during their DOW ROVES BOND AVERAGES Open High Low Clone Clif 41) Bda 73.M 7S.

73.05 73.00 0.34 lt RRa 01.10 01.10 01.70 ROM 0 49 2nd RRa 7.17 74.17 73.02 73.02 I tila 79.22 79.30 79.00 79.30 Indust OI 01.03 01.000.10 Inc. RRa OS fin 00.02 05.77 70 (el This week'a volume 40.211,150 ferings ot stock in nursing home, tal by that amount Thus, if you have an expectancy of 10 years retirement village, and tqtal-care I active business lives. However, and want to spend more than apartment venture. The insruancejthey found both pleasure and PRIVATE OLD-AGE PLANS involving the purchase of homes or apartments or services," or a combination, are partly insurance and mutual iuna peopie are onjprofit in the market after re- your "income," you are safe in using l-20th of your capital. Volume week ago 49,473.241 COMPARATIVE STOCK VOLCMK their toes with plans to help tirement, when they were able to give investment the attention Thin Wk.

Wk. Are. plans. The safety and ability to make good are just as important as choosing a top quality in it deserved. Monday Tuesday Wednesday I PUT "INCOME" in quotes because, while it has a meaning to the Internal Revenue Service, 0.734.220 10,035,000 1.033.520 THE USUAL ADVICE to re surance company.

9,322,047 11.375.42H 0.073.770 10.030,100, 49,473,241 the elderly. Retirement today, and that of a decade ago, are quite different matters. The retirement age has been dropping, and the span of life increasing. In past years, when income taxes were low or did not exist at all, people planned and Thursday Friday Total If you are not satisfied on it is a misnomer in practice. that score, it is better to make When you are on the brink of tirees is to upgrade the quality of your stocks as your age increases.

You are also sure to retirement, be sure to check your WEEKLY SALES Thi Wk. Tr. A New York Ronds 107.330.000 t03.021.20A your investments and pay as you go. Here, your lawyer is a must tax situation. You should under rT'i'iiWMnriTiwfainiifiriia 'I "ifrffl til fii i if iviaimtfiv iviimaaiw iiw aitfiifiitfi-aitiiiffwwiiOTiirfi'mngiir' A-in'ii'-1 New York Stocks 40.211.1.W 5n.035.90o You have a need to hedge stand the relationship between saved for their old age.

Income against inflation as well as in the capital gains tax and the in taxes have changed all that and be told to lay more strees on income and less on capital gains. I don't feel that advice of this kind should be so general. You could be the type who derives mental stimulation and satisfac flation. The safest right no are heritance tax. Where your es have made pension plans, Medi United States treasury bills.

They tate tax bracket is high, you care and the like popular BALL STORES EXPANDS A new Ball Stores Magnavox Home Enter-tainment Center opens Monday at Walnut and Adams streets. Discussing the expansion is, left to right: Paul Gallagher, Cincinnati, Magnavox zone sales manager; Dean Aysse, Muncie, Magnavox regional manager. Gerard C. Steph-any, Ball Stores merchandise manager; Robert Maguire, Ball Stores TV-appliance manager; Don Coats, Ball Stores; Robert Bartlett, Ball Stores and Edmund F. Petty, president of Ball Stores.

(Star Photo) offer more safety and liquidity should estimate the proportion than savings banks or savings of capital expenditures that will tion from the challenge of trying and loan concerns. At this writ be borne by your heirs and by to make a profit If you need GOVERNMENT WELFARE is not "free," though part of its ing, they also offer more income American Stockl 18.932.490 19.310.2W Midwest Stork 2,420,000 t.330.000. WHAT THE MARKET DID Wk. Ended High Low Adv Dee Tnrk March 14, 1909 21 102 010 970 120 March 7. 19B9 19 104 000 932 130 March 15, 19011 54 121 000 KM 13 March 17.

1967 153 i ll 624 154 STANDARD POOR 500 STOCK INDEX HiKh Low ClowChr 425 Industrial! 100.17 106.69 106.69 0.61 20 Railroad 50.59 49.34 49.34 1.31 55 rtilltiea 66.41 65.90 65.99 0.44 500 Stocka 99.32 90.00 J8.00 0.6S WEEK'S MOST ACTIVE STOCKS Sales Mien Low Close Our Glen Aldn 507.200 14'4 13 Brunswick 4R3.30O 21 Ufa HrSaVfc I.oew Ther 474.000 4414 39 40 i Uncle Sam, The two basic decisions you will more spendable funds after retirement, they do not necessarily have to come from dividends or Don't be overly concerned about your young heirs. More harm than popularity stems from the majority thinking that others are bearing more of their burden. Government administration always costs more than private or have to make are personal and financial. Personally, you should know how you want to spend good can be done by leaving funds interest Cash can be secured unearned by the recipient. Above from capital gains or from liqui your time.

Financially, you must Prices Finish Week Loiver After Uncertain World News dating by degrees a safe amount decide whether your proiit-mak- of principal. We all seem to live in the ing days are over and your spending says begun, or whether you still want to imporve your finan fear that our savings will not Pacific Ptl 449,500 30 20'n 29H1' Gull Oil 395,500 43 41 42i Sun Oil pf 30,700 48' I 45 48' Am 360,100 51'4 51' all, think twice before you talked into making gifts to reduce inheritance taxes. Another pitfall is to try and skip a generation and a tax by leaving capital to a younger generation and only income to the older. The need for life insurance prove to be enough to see us cial score. Above all, be sure personal administration.

The more we do things of this nature for ourselves, the less is lost in overhead and red tape. I do not think young people can plan intelligently far ahead for retirement. There is no way of foreseeing how you will feel about many things 10 or 20 years from now. through. The cost of illness has though many such firms stand;" BRUNSWICK followed with a NEW YORK (UPI)-The that your emotional, physical and 354.300 OlHl 331.500 Sf 42H 50 5'V 329.200 14 12-' 13MJ1V4 296.600 1364 130 132li 295.000 8IV4 79 79' i gain of 1 to 20 on 483,300 increased by leaps and bounds since the governmental welfare Imprl t'rp Cntrl Data to benefit trom iNixon ae-cision to go ahead with a sound of retreat echoed through the stock market this week as mental capabilities fit the course Gen Mtra shares.

you plan to pursue. ivanes and, in some cases, is plans have come into being. One Recall Drul 289.400 46 42-' 43'4 modified Sentinel antiballistic missile system. Loew's Theatres was third Transmrr 286.900 35 32-1 VP't Ot Wst Fncl 282.300 26' 23'4 24'41'a Occdntl PU 281.000 44 42V 423s IV Wall Street received a bitter reminder of the rough road that lies ahead in Vietnam. Trading was moderately active.

most active, declining 2l2 to 40 I have seen people save all Bengnet 276.300 Wt Wa 1-We-lVa Monetary uncertainties gen- Company Manners their lives for "a great big beau on 474,000 snares, utner conglomerates to lose two or more erally kept gold shares under AMK Corp 274.9UO Si- -4 twr -m Bse Cscde 66'4 61 64' Chrysler 259,200 54' 4 50Vj 50y T4 While Secretary of Defense included Litton, Ling Temco, tiful tomorrow," yet never find themselves in a position to cash in. It might be their health that is Melviri R. Laird, returning from Gulf Western, and Walter pressure, with American -South African Investment and Dome Mines each down 5'4. Campbell Red Lake gave up 2. a four-day inspection tour of Kidde.

Last Call for Medicare Issued; Marion Television Station Quits South Vietnam, said it would be MOST ACTIVE AMERICAN Sales High Low C'oae Cha; Asamera Cp 651,900 31-' 25'4 29H3lVa Nt Gn Wtan 511.900 14 12'-i It Brit Pet 458.200 224 2134 1H No Can Olli 271,300 104 llHl'Hk Cmwlth Un 263,100 16Y4 IWt 15V4 Vt the obstacle, something financial such as depreciation in the value Pacific Petroleums, Gulf Oil, both "desirable and possible" Homestake and Mclntyre Porcupine finished a bit higher. to make some reductions in the and Sun Oil preferred ranged to about a point higher among of the dollars they put aside, or the unavailability of many things and services with the changing United States forces this year, the heavily traded oils. Mobil President Nixon seemed to rule 23 was an unused allocation pre age 67 or oiaer on uctorjer i. and Occidental, also on the times. viously assigned to Muncie.

1968. After the closing date ot out such actions for the immediate future. most active list, 'fell 2 and 1, respectively. By DAVID ILIFF Time is now running out for persons who were born on or before October 1901, to obtain March 31, medical insurance cov tire" as you go alone, and allot A special meeting of share We will build and lease a new mmm mum erage cannot again be available a sensible portion of your time! NKON said he forsees no chance of withdrawing any U.S. AMERADA Protoleum, one of to persons in this age group.

holders of Mutual Home Federal Savings and Loan Association has been called for 3 p.m. on April and money to travel, indulgence in hobbies, and relazation that The law provides they must the few impressive issues, rose troops from Vietnam as long as sign up within 3 years of the coverage under the voluntary medical insurance program. Part of Medicare, according to Russell L. Collins, manager of 11. It planned to merge with the Communists continue to too many successful people postpone until after 65.

first opportunity or be excluded 3 for purposes of amending the institution's charter. press their offensive in the Hess Oil off but that fits your precise needs permanently from coverage. south. And the Communists, at the Muncie Social Security dis CAPITAL IS NOT money alone. Phillips, down 3, also expressed an interest in Amera trict office.

another unproductive session of the Paris peace conference, MEDICAL insurance, often called doctor bill insurance, helps Names Make News Two employes of Owens-Illinois da, which Amerada more or The present enrollment period Spending for a useful education is investing in an asset that can never lose its value. I say Dledaed to keeo up these at less rejected. to pay the fees for doctors' and surgeons' services and also helps began January 1 and will end March 31, 1969, and is the final Inc. in Muncie have completed tacks despite threats of U.S. retaliation.

a second-level course in manage pay for outpatient hospital serv worth having is the kind that opportunity for those who were General Motors was the lone winner in its group, gaining in heavy turnover. Chrysler, Questioned about his previous qualifies you for a trade, business ment development at Wittenberg and savs ices, therapy treatments and other medical expenses. warning to North Vietnam over or profession. It is money in the another active issue, eased, as University in Springfield, Ohio, their near month-long escala bank to have a degree in law, It is a voluntary program did remaining motors in re They are D. BRUCE JOHNSON, medicine, engineering, or an sponse to a cutback in automo color finishing assistant super tion of the war, Nixon said he will confer with Ws top advis which requires payment of a $4 monthly premium by the in MBA in business.

bile sales early this month. ers over the weekend on how to visor, and LIONEL M. LORANCE, forming assistant production su sured. This amount is equally Control Data was the most respond to the persistent Com active electronic, easing When the official time really approaches, start off by outlining your objectives. Do you really want to take it easy? Or is that pervisor.

matched from the government's general funds to cover the total munist offensive. one-Uifrd on ruction time ANTHONY J. MONDI, 4709 cost. For people who failed to THE President "We is r3 cons West Knoll Court, career agent not in your nature? enroll at age 65, there is an sued a warning, and I will not warn again." If we conclude If you want to leave all your financial cares behind you, arrange your investments so that for American United Life Insurance attended an intermediate school last week in the com IBM and Collins Radio, not among the actives, slumped more than 4 apiece. Burroughs General Electric, Sperry Rand and Admiral also lost ground.

Boise Cascade, which plans to acquire Ebasco Industries, added ex-diyidend, in heavy that the level of casualties is additional charge of 10 per cent or 20 per cent of the initial premium, depending upon the time elapsed since they were higher than we should tolerate, Let's talk now. Call 966-5538 for free catalog the decision are delegated to pany's home office at Indianap aDDTODriate action will be others. Under no circumstances olis which concerned advanced first eligible to enroll. taken, he a d. This heigh wsjs LML I.

12 1 techniques in programming July 1, 1969, will be the ef tened speculation among Wall turnover. Ebasco gained 6. should you arrange any retirement invetsments where the common stock portion falls under trusts, settlement options and the fective date of the insurance coverage for the late enrollees. The latest business insurance devel opments. Mondi is with the Clell due date for the first premium UN1GRID BUILDING SYSTEMS, INC Street investors that the United States will make some positive move soon unless the Communists scale down their military operations in Vietnam.

W. Douglass agency here. 50 per cent. Most retirement pay and benefits are in fixed dollar amounts. Fortunately, this is changing POST OFFICE BOX 148 Other firmer issues on the 20 most active list included Nato-mas, Great Western Financial and AMK with Natomas the widest swinger, rising 5.

(Aerospace stocks ranged from about 1 to 3 lower, al- rrn for those who take advantage of the general enrollment period ending March 31 will also be RICHMOND, INDIANA 47374 TELEPHONE 317966-5538 JOE J. KUNKLE, Muncie representative for Franklin National AUTHORIZED DEALER ARMco tuiiswa 1VSTUM lUNIGRIDI Renewed talk that another raDiaiV. AS time enes on. tv- July 1st. hike in the prime rate respon Application forms and Medi tirement benefits will be ited increasingly to dollar purchasing sible for much of the selling care information can be obtained Life Insurance Co.

of Fort Wayne, was named top producer for the company during 1958. He power. Failing that, it is bet pressure earlier this year will be forthcoming, combined with from the Social Security office ter to take the ups and downs at 421 S. Walnut St, In addition, and his wife, Betty, were crowned Discover the Exciting New Executive World that Surrounds the comment from Treasury Secre of equity investment to a de representatives from the Muncie 'kins and queen" at a recent gree, than to tie yourself completely into fixed dollar office visit New Castle, Port tary David M. Kennedy that the government is determined to continue necessary monetary DALLAS A.

SIMON Neiv General Manager Named by Hartley Oil company meeting by last year's winners, Mr. and Mrs. JOHN A. land, Winchester and Union KINTZ of Decatur. Later this City on regularly scheduled visits.

restraints to slow inflation, also fostered bearish sentiment. BEAR IN MIND that the risks year the Kunkles will accompany of a further rise in the cost of David Rockefeller, chairman TV Station Quits living are too great to ignore. company president ana Mrs. lu-is Palumbo on a trip to New York City. Dallas Hugh Simon has been of Chase Manhattan Bank, said another prime rate advance Depending on the amounts in WTAF-TV at Marion, which annninted general manager of filed voluntary bankruptcy peti Hartley Oil Co.

Inc. "is just matter of time." RICHARD SHREVES of Wool- tions in U.S. District Court at Simon, a graduate of San volved, your common stock program can be taken care of by -mutal funds or by an account 'of your own run by a investment rate charged to a bank's major customers with class A credit ard's Equipment Store, Muncie, Fort Wayne on Feb. 26, has gone Diego Junior College, has over off the air. The station quit has just returned from a training course in the setup and serv ratings now is at an all-time high of 7 per cent following nine years' experience in me on business.

He comes to Hartley telecasting Friday after stock holders of Geneco Broadcasting counselor or bank advisory serviced If you need to provide for dependents after death, your stock program can take the form of with a background in independent ice of the Perfect Kern'l Co. voted to send notice of this three increases since last December. SOME additional bearishly construed items included the Grain Dryer given at headquarters in Gibson City, I1L It intent to the Federal Communications Commission. a personal trust, or if the oil company marketing in sales and sales supervision and as operations manager for another oil company. amount involved is less than six The station called the action resumption of gunfire in the figures it can be a bank dis a "temporary suspension" and in featured the use of special mocK-ups duplicating both the gas and electrical systems of the dryer nlus work with actual production Presently living in Indianapolis, Middle East, and a heavy Brit cretionary common trust fund dicated it might resume trans Simon and his family will move ish trade deficit which pres mission on UHF channel 31 if I The greatest peace of mind will probably come from participation to MUncie upon completion of sured the pound sterling and models of the machine.

Woolard's again touched off monetary in a mutual fund or investment is the area franchised dealer. the school year in June. Hartley Oil Company's general an alternate location near La-Fontaine can be developed. WTAF wants to increase its pow fears just when traders were trust because here everything is Nine Indiana Michigan Co. officials have been as done for you without your involve office and its home heating sales and service facility is located at er output and tower height and celebrating France's ability to avoid devaluation of the franc in the face of mounting labor ment.

recently was granted authority Willard and Liberty streets. It signed to a summer management program at University of Michigan for June 8 to July 2 includ has six service stations in and to switch to channel 23 which X. unrest. If you are not the type to take it easy, then you may want to run your own investments or around Muncie. would enable it to do so.

cnannei Word from Washington that ing E. E. CLArrt-K or iviunue nivision. The session Is the sec existing conglomerates firms which link up with other con cerns in diverse industries- may face possible antitrust ond phase of a series sponsored by the parent American Electric Power System. JOSEPH HOLADAY, assistant action, and a Commerce Department survey that manufac turers expect a sharp slowing vice president of Merchants Na BY INVESTING $100 UP TO $10,000 OR MORE With Service's 9-Month9 in sales growth in the first half of this year were other major headaches to investors.

THE UPI market indicator, measuring all stocks traded, tional Bank, and NORMAN LOCKE, assistant cashier and manager of the East Jackson Street branch, will attend a two-day agricultural clinic this week at Purdue University. It is jointly sponsored by the Indiana Rankers Association and Pur Investment Certificates fell 1.26 to 122.39. Of the 1,700 issues crossing the tape, 970 declined, 610 advanced. There were 182 new lows set, 21 new highs. due's Department of Agricultural Economics.

This Opportunity Available Only to Indiana Residents. The New York Stock Ex change index showed a loss of 40 cents to $54.93 in the aver 3" Excitement like this Is for only the most discriminating owner, one who appreciates the subtleties of excellence. Designed for the executive, the professional man who has reached a high mark of achievement, setting exacting standards for himself and the motorcar he owns. We'll be happy to make an appointment with you to drive its magnificence. age common share price Man Gets 95-Day Sentence to Jail Standard Poor's 500 stock index fell 0.65 to 98.00.

A Muncie man, who was absent from his trial last October, was Dow Jones average of 30 blue chip industrials lost 6.90 to 904.28. DJ rails and utilities sentenced to 95 days in jail when he appeared in City Court Satur also backed off. Volume tapered off to 46,211 day on a charge of public intoxication. Judse Thomas Raisor sen 150 shares from 49,473.247 shares a week earlier, and Subsidiary el Citizen's Finance Corp. from the shares tenced Walter Grider, R.R.

1, vice which changed hands in the to five days in jail on the intox similar week a year ago. Glen Alden, the takeover fa W1JEKK SMALL INVESTORS EARN BIG INTEREST f3IgKM? 3 CI Investment 620 S. Nichols CALL US 289-1837 vorite, headed the list of 20 ication charge and added 90 days on the Indiana State Farm for contempt of court in failing to appear on another trial for intoxication. tmmmmmmmmm most actives that was dom inated by the oils. The issue Trial on the first charge was eased to 14ia on 507,200 shares.

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