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Press and Sun-Bulletin from Binghamton, New York • Page 8

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Binghamton, New York
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8
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Dusines Mirror 54 BINGHAMTON PRESS Oct. 28, 1959 2 P. M. N. Y.

STOCKS Seaway Traffic Seen Falling Ilclow Estimate Review of Stocks High Low Lait Net Ch High Low Last Net Ch A O-A School Needs Talk Is Nov. 5 81 Boom 'Stretchout' Seen Strike Result A 3 Ind 4', 4'i 4'i Am Bd Par 32 323, 32 Am Can 42' ASR Prod IV, 10 IV.t Sou Ry Sperry Kd Spiegel Std Oillnd Slan War Stauff Ch Sterl Drur Stone ic Sun Chem Sunsh Mn New York P) The stock market was mixed in active early trading today. 3694 63 60a 59, 8Ui 3fl3 42', 36', A3 6on 12', 6,. 1385 30-', 36 4i'', 361, 63 604 69', 12 1385 3U', 18'. 15', 15 38', 387, 38', 34 34J.4 34:4 Changes of most pivotal issues were small, going 0 Sup Oil Cal 13K5 Binohamton Press Bureau, Bald Lima Beech Aire Bestwall Boeing Air Borden Burroughs Cen Hud Champ Pap Owego Residents of the Tex Proa Tex Sul 18i 7 i IB1, 3(1', 30', 30', 83U 80 4 83 4 30 30 SO -c- 20 20 20 41 41 41 59 69 59 Owego-Apalachin School District lex ins lM'a 163', 163' By SAM DAWSON Associated Press Writer New York The steel strike has muted the general good times if figures don't lie.

But many think it may Thiokol Trane Co cnrysier 38'i 88 38 '4 45'4 no', 384 45 have been invited to take part In a study of school needs scheduled to get under way next month. Cluett pf 129, 129'4 129'4 if Un Bag CP 45'k have just put off the date when the happy days hit coio racir tiu 41 am Con Electro 39', Cont Can 47 47', 47 El pf 89 89 ITm rut AAtr At Letters have been sent to a their peak. copper tint 24 24 24 Tin 59- 10Z to about a point either way. American Motors resumed its phenomenal advance, jumping more than 3 points to another new high. Studebaker-Packard also continued in heavy demand.

The when-issued stock rose 3A to 18 Vi on a big opening block of 25,000 shares and stretched the gain to more than 2. Studebaker preferred was up 49 to 589. Steels drifted lower as the question of a Taft-Hartley injunction awaited adjudication by the U.S. Supreme Court. U.

S. Steel was off a fraction following late yesterday's report of a record third quarter loss. Other leading steelmakers took fractional losses. Motorola advanced more than a point while most other space age stocks rested. Moore-McCormack fell about 33 in continued response to an omitted dividend.

representative group of persons 1. Unit Fruit 971 crow cou a' Washington It Is now apparent that shipping on the St. Lawrence Seaway will fall some 20 per cent below expectations this year with a proportional loss in toll collections. Toll rates were set by a U. Commi i 0 based on estimates that tons of shipping would transit the Seaway during its first operating season, rising gradually to 50,000,000 tons a year after 10 years.

However, Seaway traffic from Its opening date on April 23 through Sept. 30 aggregated 14,200,000 tons. Cold weather wifl end the season about Nov. 30, and prospects are that shipping will approximate 20,000,000 tons, short of previous estimates. Those who think of the stock and organizations in the area, vrown worn 'iUnit 19 19 89 44 32 19 20 80 65 10 citing the fact that current en I US Borax 31 'US Borax nf SO us Borax pf market as a barometer of what is to be expected six months ahead think that the smart oni' 1 US For 31 20 30 55 10 I Ul kj 4)1- 4 ITS Vrpioht Day PL pf A 74', Det Edis 43 43 43 du Pnot 258', 258 'i 258 'i East Air 38 38 38 El Se Mul 8 8 8 Emer Sad 16', High Low Last 3D', US Indust Immunization Clinics Tuesday In JC Schools First of a monthly series of Immunization clinics at Johnson money boys are betting that the business boom once supposed to be ready to level off early in rollment in the district has reached the capacity of the schools.

Although a $4,000,000 building program has just been completed, in its major elements, with the opening of the new 42 Plywd tl'A US Smelt pf 47 47 47 9 iqrowiii set us secona wma EJ 34, 34', nieei US Tob US Vitam wj, 23 31 and keep going till mid-1960. 23 34 9 34 9 53 Un Whelan Labor says the strue, wnen Bid Oiler EJ pfd 6V'i Eversharp 23'i Ex-Cell-O 38 38 38 Fed Pap Bd 47i 473, 4734 Owego Free Academy last November, rapid expansion of the OJ', crossed the 100-day-old mark, JVUniv Cyo 53 Upjohn 44 City schools will take place Business Outlook 44 reached the national district copulation has swelled hadn't Van Norm Tuesday morning under direc Vanad Cp ad Cd the number of students beyond Eerro Cp 413,4 41 41 Foote 28 28 28 tion of Dr. Leonard L. expectation of a few years ago. 104 10 32 32 38 62 62 23 23 51 61 m-4 32 38 62 'i 23 village health officer.

I emergency stage. The government holds otherwise. But the figures government ones are these: vanan As Vict Ch Wk Va Caro Ch Vire Hy According to prediction fig The clinic will open at 9 a. m. ures recently released by Super Gen Bronze 33 33 33 Gen Dynam 44'i 441', Gen Eleo 79 79 79 Gen Fds 88 98' 984 at Theodore Roosevelt School Vulcan Mat si 13V, 13 The jolt to the gross national intendent of Schools Sheldon E.

Guile, considerable tfrowth of product the dollar value of all and will continue at 9:30 a. m. at Harry L. Johnson School. Is 1 i 1 E-Bonds Like Wine, Improve With Age the student body is yet to come, goods and services produced in! 7m An organizational meeting of the nation was a decline of edwf An fo isnnnnnnnn begin kindergarten in 1960 will citizens undertake (on annual Gen Pree Gillette 64 64 64 Goodrich 88 88 88 Goodyear 130 130', 130 Granby 7 7 7 $3,500,000,000 an rvauwuiui 1 Ja, Ward Bak 14 14 Warn Lam 60 60 Waukes it wl 1 1 West Mary 85 85'', West Un Tel 41 41 Westg El 93 93 Wise El Pw 37 37 Worthington 64 64 to a study of the needs of the district will be 14 60 85 ill's 93 37 64 Gulf Oil 114 114 114 Wagner Asks Amendment Support Holland 11 11 11 Howard Str 16 16 16 held Nov.

5 at 7:30 p. m. in the OFA cafeteria. Interchem 37 37 37 By J. A.

LIVINGSTON High Low Last IBM 412 412 412 rate) during the July-August-September quarter. IMPACT CLIMBS Since then the impact of the strike has been much more pronounced. The October-November-December figures are expected to show even more of a be eligible. Salk anti-polio vaccine will be administered at the clinic to youngsters who have not received the first three inoculations of the Salk series. However, booster (fourth) inoculations will not be administered.

Diphtheria, whooping cough and tetanus immunizations and lfIAMI BEACH During and after the Great Depres American Stocks Int Miner 293 29 29'4 4- i 4 111 4V.A TTosHarol TJoconifl Hnorrl Int (NiciC W'4 er 129 129 129 STOCKS Binghamton Press Bureau Int 37 37 37 Iowa discovered the elixir of cheap money. 36 36' 4. 1 "4 38 Norwich New York City Endicott OKs Rush Hour Ban In East Main Parking will be banned on the Viarl TvsrTa vacamroe Vi Vtnr wai yJK-l-i drop, Ajaiizw.l lau iiiui 1. A tjvi biuiA iuiv ii IJohn John 65 Mayor Robert F. Wagner has v.

The total of personal income 'smallpox vaccinations also will 03 00 95 85 tA An with. Thev gparched for borrowers and all but Dushed enne.co" written Len Tyler, executive 1 Kerr McGee has already tumbled be administered. Lane Bry acpositors away. in rnuaaeipma, me rirsi secretary of Chenango County 'a V. ZB 28 28 71 71 71 LOF Glass Mack Trk 38 38 17 18 32 6 23 1A 27 12 11 29 35 8 8 i'jChamber of Commerce, asking north side of Endicott's East 38 17 18 32 6 1A 27 12 11 29 35 8 46 46 46 Allied Con Am Photo Am Seal Anacon Ld Anken Ch ArmstRub A Arnold Alt Avnet Elect Banff Oil Basic Inc Brown Co Catalin Cenco Inst Cinerama Clarost Mf CompoSh Con Mnff Creole Pet Cub Ven Oil Mack Pf WW 45 Main Street between Arthur and Lincoln avenues during peak Ji; support for proposed Amend-j iment No.

4 to the State 18 32 1A 27 12 11 29 35 9 8 20 41 33 morning and afternoon lndus- tution The number of non-steel workers being layed off because of metal shortages has been growing. The total of the unemployed, therefore, has climbed. And few expect that to be reversed for some time. Corporate earnings for the July-August-September quarter 1 ADDroval of the Amendment trial traffic hours. 6 Girls at JC High Get Top Honor Grades Six girls at Johnson City High School attained high-honor grades 20 ZU-4 Pennsylvania Banking Trust Co.

stopped paying interest on time deposits. Today, as old-timers here at the 85th annual convention of the American Bankers Association point out, the pressure's the other way 'round. Bankers want deposits. They're offering customers the highest interest rates in 30 years. So great is the accent on new deposits that inadvertantly a banker could lead astray a customer who asks: "Should I redeem my E-bonds to raise cash to buy an auto or make a down-payment on a house?" 41 41 Marsh Field 45 Mead Cp 48 Mercant St 35 Merr ChXS 17 Mont Ward 50 NAFI Cp 13 Nat Bisc 54 Nat Cash 67 Nat Distill 31 Central 30 Nopco Ch 38 Norg Wt 96 Nor Pac 47 NS Pw pf 73 45 45 48 35 17 50 134 54 67 31 30 38 96 47 73(a 28', 32 50 76 would enable New York City to Village Board of Trustees last spend $500,000,000 on set the hours from 6 a.

m. school buildings over the next10 m- an rom P- m- to 10 years. j6 p. m. Mayor Wagner said he Is ask-! At another public hearing at lng favorable consideration of! Municipal Building the board the amendment, in the Nov.

3 1 eliminated parking on both general election: sides of Grant Avenue between 45 45'', 48 35 17 50 13 54 67 31 30 38 96 473, 73', 28 32 50 76 31 3. Cubic Co before the strike started to ivUuMont Lab 10 hurt users of steel have 95 Per cent or higher in the mostly cheerful. But the gains fiv weeks of this semester, to 1 i': A 1 over the second ouarter were ana oiner students acmeveo; Northrop because it has come Maln anJ Tracy streets 28 32 few and less than impressive 1' Dynam Am 9 Electronics 8 Emery Air 25 Fargo Oils 4ji 'J Fly Tiger 13 iGcn Strs 3 Gen Transist 32 Heli Coil 75 I Here Gal 4 'Home Oil A 13 Humble 61 my attention that opponents ofiirom 0 m- P- Nwst Airlin Olln Math Otis Elev honor listing, with grades of 90 to 94. Principal Lyle E. Young announced high-honor, honor and merit lists.

Nearly 200 students 50 76 31 Prospects for fourth quarter earnings are more drab. TIGHT MONEY Outb Mar jij, Girls Club If the customer has to choose between draw- mb. Livingston 'in money out of the bank or cashing his bonds, the banker in complete honesty might say, "Cash the E-bonds." This could be a costly error. i tnis measure have been suggesting that the proposed bond issue for New York City Schools somehow could become a burden on the taxpayers of the state as a whole. "Nothing, of course, rnnl1 ht News from the construction I attained merit ranking with Hydrojnet 14 (Pan A A 22 22 jPark Rust 28 28 28 iPeabody CI 15 15 15 Pa RR 16 16 16 4- Program to Open The winter program of West Corners-West Endicott Girls industry has turned from bright to dim.

F. W. Dodge construction news specialist, says that the latest data on contracts for future construction grades of 83 to 89 per cent. Members of the high-honor group were Jean Dobransky, Ruth Hull, Susan Mattle, Ann Penton, Carol Sloboda and Barbara West. 16 16 17 14 20 '4 int Resist 1 Kaiser Ind Magna Oil Menasco Merch Refr iMuskPRing NatResearch further from the truth.

ThPffl 1 VIA Utatr 1 PhOS 59 59 59 Bankers not steeped in E-bond intricacies may not always Ph' El 51 51 51 'realize that advertised rates on E-bonds originally 2.9 per cent, I Ph1 van 13'" if if then 3 per cent, then 3V4 per cent and now 334 per cent often "teeipf "3 "3 understate the actual current return on bonds which have been'Pittston pf 109 109 109 ally or uncYntitu Wopen with registration 8 8 8 25 4'i 13 3 ZV, 75 4 13 61 15 16 ifi 8 7 17 14 20 2i 13 2 1 18 85 5 Vik 20 A 50 2 3' 1 16 14 2 1 46 1 33 8 8 8 25 4t 13 3 32 75 4 13 61 15 16 16 8 7 17 14 20 vi 13 1 1 16 86 6 7 A 20 A 50 2 3 1 14 2 1 47 1 show awards off 5 per cent No Cdn Oils 27 single cent of the cost of build-s Registration will take olace iPotom El 26 26 26 held for several years. Proct 83 83 83 from 7 to 9 p. m. Tuesday in West Corners School, and from 7 to 9 p. m.

Wednesday at 60 29 mg tnese New York City schools could become a charge on property or taxpayers outside the city. "It involves a nledee of the Pac Pet Ltd 13 iPancoast Pet 2 Pantep Oil 1 i. Phoenix St! 16 86 Prest 5 11 Repub Ind 7 3" Sapph Pet Bro 30 1 'Sentry Corp ueorge r. jonnson School. IKCA 60 60 This is because of the The Treasury first issued Cn 29, 29 E-bonds to raise long-term money.

It didn't want "hot" money Rey Tob 59 59 money which would be withdrawn as soon as interest rates ad-hFt1on Je 26 vanced elsewhere. iRohr Aire is 16 Roal McB 203 20, Vestal GOP To Roll Friday Town of Vestal Republicans will stage a campaign motorcade at 7 p. m. Friday night, starting at Town Hall. They seek to return to office Miss Palma Longo, a teacher from a year ago.

Tight money gets the blame usually. But some programs havi been put off because the steel strike make future planning impractical. But some in Wall Street take all of this as merely a postponement due to the strike, and not a real brake to the boom. Their thinking runs this way: The first two, and perhaps 59 59 47 26 16 20 city credit alone, and repayment wfcvwi Jk mc tiuu 1 A. I tu I rw item in our budget.

"Up-state New Yo Vour Vnrlr rofl Therefore, an interest-rate scale was developed which Safeway st 36', se 1113 wuuers lUCIUdeS gymnasium activities. 10 affected unfavorably, only Sterl Prec 2 Telev Ind 3 Texam Oil 1 Trans Cp A 16 Two Guys 14 WalthamPrec 2'i Denalized oersons who cashed honds in one. tun or thrpp voa jSanD Imper 10 and scnenng Justice of the Peace William W. tj game room activities. 68 80 37 20 23 Scott Pan Sharon Stl Shell Tran Sheraton 1 dui rewaraea mose wno neia tneir oonas to maturity.

Money left in E-bonds becomes higher-powered, interest-wise, as the bond nears maturity. three, months of the steel strike was largely a matter of working off of steel stocks laid in for aiukc nuum involve a lowering of our educational standards here by the continuation of part- 68 80 37 20 23 42 22 71 68 80 37 20 23 42 22 71 wooaievfet 47'4 WrightH 1 Castle and Councilman Arthur L. Coleman. The Democrats are running Joseph J. LaZenka for justice and John E.

Clarke for Socony 4'? time in our schools, and, as the (AMERICAN) BONDS Alsco5s 74 129 128 129 So Sug 22 Sou Pac 71 the expected work stoppage SPREADING TT 4 1 state has recognized for as long Directly affected were the nay as either you or I can remember, the maintenance of adequate Halloween Hop At JC School A Halloween record hop will be sponsored at Theodore Roosevelt School in Johnson City from 8 to 11 p. m. Friday by the school Parent-Teacher Association. standards of education in any envelopes of 6teel workers, some railroad men, some coal miners, and also the profit and loss statements of the companies in- one part of the state is of concern to every other part of the state. "I would appreciate your communicating of the sense of this voivea Education or Legislation? Endicott Nominees Debate Soot Control But during October the Camarda Suit Settled for $5,250 Vito J.

Camarda, co-owner of the Endicott Art Memorial has settled for $5,250 his $25,000 lawsuit 'against- George Halula A BANKER WHO PAYS PER CENT on deposits could properly argue that a customer is better off having money in the bank on demand than in E-bonds that pay 3.5 per cent. But if the banker realized. that funds tucked away in long-outstanding E-bonds often earn more than 4 per cent to maturity, hia response would be different Let's take an example. We'll assume a bond was purchased In December, 1954. The original rate to'maturity was 3 per cent.

Then, effective as of June of this year, the rate was revised upward by one half per cent. During the first two years, from which is open to pupils ofl6'! veffects nrarioc i nrf Jin i c. And the earmngs and pay- letter to your membership, and, luciiwa ui me auiu lilullMiy, 8 0 if you see fit, to urge upon them support of this proposal, which the P-T unit's Jenkins Memorial uecKS lT lni stnHont inan f.mrf the appliance industry and many are Mr. and Mrs. Edmund J.Far-otl3fr users of metal beSan to is of such great importance to New York City, and therefore to of Latrobe, for injuries suffered in a-traffic accident.

reil and Mr. and Mrs. Harry Endicott Republicans yesterday Insisted that, if all of the state." If fourth quarter earnings make poor comparison with the The suit was scheduled for uecemDer. ism, iiecemoer. mm, tne oona earned only 1.9 necessary they would adopt legislation to! a i trial next week in Broome County Court.

narnngton. State Produce i abate soot control. The Democrats said that the answer i lflrS oCClSl' early booming months of this year. Wall Street has been discounting that fCl VCll ft AJJ CJIU Ul H1C 11 til ai Uiai 19 JJ ACkClllUCIi AiJOifi it will have earned 2.43 per cent. Settlement was announced by Hurt in Crash was not "legislation" but "education." They debated the issue at noont Now it is counting on a spurt New York rstat.

n.i Charles Putrino, an Endicott attorney representing Mr. Camarda. Mr. Halula was repre of activity to follow the strike end. This seems most likely to Agr.

and ui.e Yet, during the remaining 4 years and eight months to i maturity, the return would be 4 per cent. It would be foolish to I cash in such a bond in order to keep money in a savings bank at a lesser rate. suiting engineer to study the nrfthlpm Mrs. Nina Scelsi, Wife ofjand supplies were light today in before Endicott Kiwanis Club members at Hotel Frederick. Tho TSomnrrata wprp rpnre- sented by William L.

Ransom, Tl Ul: Ui me wnoiesaie iruit ana vegetable of Hinman, Howard Kat- oidie iiLpuuiitdii wuiiiimuec Executive Sprrptarv Michael iiiomck. v.auoage soia rugner. FRUITS sented by Mayor E. Raymond, ANNEXATION NEXT tel. come in the first half of 1960.

It should push the economy up to a new peak. And that would make the new date to watch the middle of next A 11 vr 1 Cars operated by the two men irusiee Aiunuuy iwau iur. iee saiu inai one r.noicou jj Scelsl suffered a broken and trustee-nominee George F. industry will soon spend Daly. on a soot abatement program.

He and nse contusions last APPLES Hudson Valley, eastern Box and Hi bu. cartons U.S. No. 1 unless otherwise stated. Mcintosh in.

up ripe 1.50, orchard were in collision June 5, 1957, in Attorney Leon said that the village could ait Aiioiney ticuii laiiiiiiiunua, rnncrptp ahiitmpnt In th mall concrete abutment In the mall afc' A. "Un rWitS year, not its early months. Election Day Dinner Watson Boulevard, Endicott. Mr. Camarda, 34, of 1604 Watson Boulevard, suffered a whiplash injury of the neck and in- nominee for mayor, and Frank.spena io.ww a year to nire an- vestal Parkwav West THE FOLLOWING TABLE shows the range of interest rates obtainable from now to maturity on E-Bonds now outstanding (based on the date of original purchase): INTEREST FROM" NOW v.

.1 tie saia mat captain oteisi, hj, oi x-neasam has "impressed the schools and Lane, Endwell, was treated at run i 2'i up 1.50-1.60; Hed Delicious, flfnM1-50' 150: Golden Delicious, In. up 2.25-2.50, 2i Greenings 3 in. minimum 2, tv, in. cell Pack Mcintosh 80s 2.25. 100s 2 sn.a industries with his "broad knowl- wnson- Memorial Hospital tee, spoke for the Republicans.

PROGRESS CLAIMED The Democrats claimed to have "made some progress" edge of the problem. Troopers said the car driven Harford, Pa. An Election' to a nerve In his left arm. Day dinner will 'be served injHe was in Ideal Hospital for Harford Congregational Church two weeks. at 5:30 p.

m. Tuesday in the church hall. The meal will be Turin, Italy, will stage Its In-served by the Willing Workers'! ternational Sports Exposition, a Society of the church. 'trade fair, this fall. of tne two! by Mrs.

Scelsi left the west- with industry and schools on parties will debate annexation at bound lane of the Parkway 3.25, 112s 3. PEARS Hudson Valley, Bosc V'. 37i; 2 in. DATE BOUGHT TO MATURITY May '41 April '42 4.77 to 4.86 May '42 May '49 3.50 to 3.58 June '49 Nov. '49 4.08 Dee.

'49 April '52 4.73 to 4.86 May '52 Nov. '52 4.24 to 4.39 Deo. '52 May '56 3.91 to 4.14 June '56 May '59 3.78 to 3.89 June 1959 3.75 tne promem. o'clock tonight before Endl The Republicans pointed out; cott Lions Club at Hotel Fred that the Democrats, fighting to erick. get into office in 1957, promised! near the Colonial Moter Inn, and entered the center mall where it struck the concrete abutment of a Parkway crossover.

The accident occurred at C1S tu. casket medi-slri. TgZ section. fl basket U. S.

No. i few 1.50. Western New York bu. basket Seckels 1.25-i.So. VEGETABLES BRUSSEL SPROUTS Catskill to eliminate the problem.

Mr. Simmonds said that this year Mr. Lee was not talking 8:20 p. m. New Parking Lot Clark Joins Willow Point Dump Protest elimination but reporting "some CABBAGE finrVLnrf progress a far cry from elim To use the table, check in the left-hand column the dates on which you purchased E-bonds.

Then the right-hand column will give the range of interest to maturity on each bond. Zcchcndorf Auction Bid $18150,000 Buys Wall Street Building New York (UPI) Sold for The auctioneer's final cry echoed in New York iMSS, crat7domesticVround -New York. 50 lb sack domest round 1 50-1 ik CHINESE CABBAGE Or, bu. crate ll' Lights Authorized ination." Mr. Lee ailed the GOP soot control discussion "smoke screen." GOP administrations before his "sat back" on the problem, Mr.

Lee added. Valley Endicott Lighting Department 4 John E. Clark, Democratic nominee for Vestal councilman, tonight will appear before Town Board to protest the new dump installation at Willow sack last night was authorized to provide lighting at all Parking Au size 1.155 smaller 7S-1 iar 1 If he is elected, Mr. Simmonds POTATOES t. Vi iv thority lots now under construc said, he would take steps toward Point.

washed U.S. No 1 size A ir.tih dins-Chippewa 1.25-1.40. Uh" Two private refuse collectors tion. Village Board of Trustees, meeting in Municipal Building. real estate circles today.

It was the winning bid for real estate tycoon William Zeckendorf for the 71-story have, leased the site from Nicholas G. Masotti. Town Board, which has inspected the requested Superintendent Har State Livestock Buffalo MvcriAi BUT IF YOU WANT THE EXACT amount of Interest, go to a bank. The Treasury has sent circulars to banks describing in detail what E- and H-bonds earn from now to maturity. It is important to remember that a matured bond that's left encashed and now goes into the extension period earns 3.75 per cent.

Another point to remember is that when you cash a bond, you're supposed to pay income taxes on the accumulated interest (unless you reported each year's accrued interest on previous tax returns). This cuts down the money you'd have to reinvest. 40 Wall Street Building which) 1 old W. Lauder to get the work under way as soon as possible. livestock.

Cattle- tr onri story Chrysler Building, second facility, has approved it, pro demand mnderatp. msrv.t afi viding the operators cover the in the world. Village Board Nov. 23 will The skyscraper went on the dump daily, as the code re quires. adoption of a soot control ordinance, "if necessary" after conferring with offenders.

Fire Capt. Richard A. LeClair soot inspector, and industrial power plant engineers agree, Mr. Daly said, "that legislation is not the answer. It's education," OTHERS CITED Mr.

Lee said that he proceeds on the premise that he would do nothing to "drive Industry out of the village." Mr. Tedeschl retorted that auction block yesterday with a re conduct a public hearing on the setting of fees and time limits on the off-street parking facil Choice 970-lth steers 27; good 800-950 lb. steers 26.50; standard 800-lb. heifers 25; Kentucky grass steers lbs. 22.

Dairy Fype slIuRh? ter cattle: demand good, market steady. Commercial cows top 17; utility and cutters 14.50.lfi sn- Mr. Clark said that he will quired starting bid of $17,000,000. join a group of protesting resi Only two prospective Duyers ities in the Washington Avenue tallest skyscraper in the world. The Empire State Building, which has 102 stories, is the tallest in the world.

"I think we bought a marvelous property and paid a fair price for it," Zeckendorf said, but added that the bid was "higher than I was cheerful about going." dents before Town Board to stepped forward to deposit shopping center area. canners 9-12 and some Shelly kind night. The board meets at 7:30 $200,000 to enable them to o'clock at Town Hall. yenow cows Good dairy heifers 20-21; commercial 18-20; utility and cuters 18- "For one thing, it's too near Chicago Grain ChicagoCP) Renewed profit tak Dairy Products Eggs Kw York fU. S.

D. A.l Bulter Willow Point School and, the other American municipalities ing weakened corn and soybean HIS "LAST area has been known to flood," wauners la-io. utility sausage 17-18. canners Calves: demand market fully steady. Choice and prime 35- New York W) (U.

S. D. have obtained abatement with futures today but other grains on Mr. Clark said. "That was the last $1,000 I tne Board of Trade were mixed to Butter offerings lighter.

Demand out losing the industries in Wholesale egg offerings Increased. Demand spotty today. Receipts firm. would have paid," he said. improved.

Receipts 555,000. gooo ana cnoice 31-35: mediums 27-31r hpw hnk. 14.700. Wholesale prices on bulk cartons OPEN HIGH LOW CLOSE WHEAT The 40 Wall Street Building, constructed in 1929 for. quaflty 20 dWn accordfn8 to Hogs: demand moderate, boars (fresh).

Creamery, 93 score (AA) (Wholesale selling prices based on exchange and other volume sales.) New York spot quotations fol Grease Fire Doused in JC volved. Mr. Fiacco said that a special Village Board committee on soot would be of no benefit to Mr. LeClair, who immediately enter the bidding. Zeckendorf, president of Webb Knapp, and Sidney R.

Nussenfeld, an attorney representing a syndicate of real estate investors, began the bidding briskly with $25,000 jumps. GET CAUTIOUS But at $17,175,000 the offerings began to. drop to $1,000 and $5,000 bids and both men cautiously felt their way into the higher brackets. Zeckendorf began to put the pressure on at $17,850,000 with jumps of $49,000. Nussenfeld Dec.

2.00'i 2.00, 2.00',i 2.00'i-', Mar 2.04-04"42.04?i2,04 2.04'i May 2.01-012.012.01 2.01U-01 cents, 92 score (A) 64- 000,000, is fully rented and brings in an annual rental of about $5,000,000. and light butchers steady; sows and heavy butchers 25-50 cents lower. 64'i. 90 score (B) 63i-64. July 1.84 -84U 1 84 1.84'i low: York spot quotations follow MIDWESTERN Cheese steady.

Receipts 77,000. contacts offenders when he sees bept. 1.86H 1.861a 1.863a 1863. Zeckendorf's firm of Webh Prices unchanged. CORN Johnson City firemen put out a grease fire on a stove in the COLORS: Extras (48-50 Knapp had owned a majority in Dec.

1.11 V4-V, 1.11'i MO'i 1.10'i-V, Mar. 1.14-15 1.15'', 1.14'i 1.14',i terest the buildine before their stacks belching smoke. "He handles them tactfully and diplomatically. He can't wait to get a committee together each kitchen of the Robert Rundell Chicago Butter steady to firm; receipts wholesale May 1.17'i-'kl.l7'41.17 1.17 U. S.

1-3 butchers 180-230 lbs. 13.50-14; selected meat-type 200-230 lbs. toD 14.50 sparingly; 240-290 lbs. bulk of good and choice 300-600 lb. cows top 11 sparingly; good boars under 600-lb.

7-8. Sheep and lambs: demand good, market steady. Prime ewe and wether lambs 21.50; good to choice 20-21; choice feeders 18-19; good home at 122 Endicott Avenue JUiy I.IM-4 1.1HV4 LIB- 1.1H 1.15',4 US'a 1.1514 the auction. It had tried to acquire sole ownership but the purchase was blocked by a Sept. .15, time he spots a violation." this morning.

Only minor-smoke damage resuHed, they said. OATS Dec. minority stockholder who lbs.) 36-38: extras medium 22-23; smalls; standards large 31-32; checks 23-24. WHITES: Extras (48-50 lbs.) 37i-40; extras medium BROWNS: Extras (48-30 lbs.) 38-38. NEARBY WHITES: Top quality (48-50 lbs.) mediums 22-24; smalls 20-21; peewees 17-1S.

The GOP had chided the Democrats for promising such a March Mr. and Mrs. Rundell were not at home at time the fire buying prices unchanged to higher; 93 score AA 63'i; 92 A 63; 90 61; 89 61; cars 90 62'i; 89 C.61',4. Eggs Unsettled; -receipts wholesale buying prices unchanged to 3 lower; 63 per cent or better 74'i 74'i 74U 743s 72'i 722 .65 6534 66 66 May 747i 75 72 6Vi 6634 iceaers n-10; biock ewes j-d. 654 6634 committee on soot in 1957 and never setting it up." July kept in the running with $1,000 bids.

At $18,150,000, Nussenfeld said his group would have no other bid and the building was sold to Zeckendorf for that price. I bept. thought the price was too small. A court ordered the auction to settle the controversy. It was the largest tingle piece of real estate ever put on the auction block in this broke out, and their children discovered the blaze and alerted a neighbor who telephoned an No industries named In Treasury Balance KYE Dec.

March the debate but Endicott Johnson Corp. recently informed Captain BROWNS: Top quality (48-50 lbs Washington The cash position Grade A whites 35: mixed 3254; me alarm at 11:12 o'clock, firemen 1.38"4 1.38 1.35 1.3fi 1.38-39 1 40 1.38 1.39 1.38 1.39 1.38 1.38 1 33i 1.34 U3Vs 41-42; mediums 30-31; smalls 23-25; diums 21 standards 27: dirties May or tne Treasury Oct. 22: Balance $8,955,43,297.18. LeClair that it has hired a con- said. July Zeckendorf also owns the 77- country.

peewees 17-18. 2214; checks 21..

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