The Fresno Bee from Fresno, California • 47

-L-L- wi yj'VyviivTt THE FRESNO BEE Wednesday Jan 20 1965 5-D Garrigus Introduces Bill To Up Junior College Aid $9 Million Kingsburg Boy Is Shot On Return To Car Lawrence Crabtree 18 of Kingsburg was shot in the right hip last night when he surprised a man who apparently had stolen two tires from his car parked just off the Golden State Highway south of American Avenue Crabtree was treated in the county hospital and released He told sheriffs officers he had parked his car there earlier because it had a flat tire At 9:30 PM he said he and his brother James re-have to limit enrolments or turned to the car sacrifice the nationally rec- When they approached ognized reputation of our jun- Crabtree said he noticed the ior colleges for quality when two rear tires were missing local county state and na- He told officers there was a The tax rate is the key to the amount of state support If it were reduced to zero the state would pay the entire $600 a student Under Garrigus' bill all junior colleges now receiving state aid for current support above the $125 would have state aid per student increased The remaining districts with an above average assessed valuation per stu- dent would not receive more state aid except in a few less wealthy districts which would qualify under the proposed tax reduction to 20 cents 'It would be tragic for said Garrigus Tollhouse Slide Cuts Road Briefly A rock and earth slide blocked Tollhouse Grade midway between Tollhouse and Pineridge at 7:30 AM today However the state division of highways reported the route was reopened to one way traffic a short time after the slide Highway crews expect to have the slide cleared by tonight Traffic was controlled in the area most of the day as workmen blasted and cleared away the slide which stretched for about 150 feet along the highway Truck Fractures Pedestrian's Hip Leaves Scene Juan Jordan 79 of 1023 Pottle Avenue is in the county hospital with a hip fracture suffered when he was struck by a hit and run pickup truck at 5:39 PM yesterday His condition is listed as good The police reported Jordan was crossing Street at Kern Street when he was struck by the northbound truck Witnesses said the driver continued without stopping Business Briefs General Foods Reports Net Gains NEW YORK AP General Foods Corporation reports earnings increases for the third fiscal quarter and for the nine months ended December 31st Profit for the nine months was $61325000 or $244 a share up from $59362000 or $237 a share in the year earlier period Sales rose to $1083411000 from $960952-000 New York Life Tells Sales Climb SAN FRANCISCO New York Life Insurance Company's combined sales of individual and group life insurance in 1964 amounted to $3852000000 the highest in the 120 year history Western Vice President Thomas McElwrath said the record total sales were 15 per cent higher than last year Individual life insurance accounted for $3216000000 of the total sales an increase of 11 per cent over 1963 i Group life insurance sales amounted to $636 million a 40 per cent increase over 1963 First National City Bank Will Split Stock NEW AP Shareholders have approved a 2 for 1 stock split by First National City Bank Under the plan vaue reduced to $1350 a share from the present $20 In recommending the proposal directors said the capital stock account would be increased about $93 million About $208 million of this will be transferred to capital from surplus and about $722 million from univided profits Kresge Declares Dividend DETROIT AP Directors of the Kresge Com pany declared a quarterly dividend of 35 cents a share payable March 12th to shareholders of record February 23rd Cunningham president said this places the stock on l-40 annual basis compared to a common dividend of $120 a share previously tion can least afford Claim To Throne PUCCHEIM CASTLE Carlist movement including Prince Carlos Hugo of Bourbon-Parma and his wife Princess Irene of the Netherlands gathered yesterday at Puccheim Castle to near father Prince Xavier reaffirm his claim to Spanish throne to continue serving this ever increasing number of persons seeking education beyond high schooL Junior colleges now receive a lower percentage of aid from the state for current support than any other segment of public from the elementary level to the university The heavy burden of financial support rests mainly on the shoulders of 1 the local The normal rate of growth would provide $68 million more in state funds for junior colleges in 1965-66 But if AB 387 is successful this would grow by another $9 million Lower Tax Rate The Garrigus bill would change the tax rate in the equalization law from 25 cents to 20 cents of $100 in assessed valuation Under state law all junior colleges receive in basic aid $125 a student In average daily attendance Then comes the amount raised locally through a 25 cent tax The state makes up the difference between the $125 and the amount raised locally and $600 man hiding in the brush Crabtree said he jumped out of his brother's vehicle and ran toward the man He said the man warned him to kdep away as he had a gun and then fired James took his injured brother to the hospital Officers were unable to locate the man they were told shot theiLawrence The tires were not 'found Spoon River Offers $1 Student Tickets Fresno area students have an extra incentive for seeing Spoon River the widely praised stage adaptation of Edgar Lee classic antholnov igar Lee classic anthology Sequoia Reelects Burns As Chairman State Senator Hugh Burns was reelected board chairman of the Sequoia Savings and Loan Association at the annual meeting of the stockholders John Sullivan was reelected president Sullivan reported the assets December 31st totaled $60632120 a net increase over the previous year of more than $10 million New Home Loans The association originated $186 million in new home loans in the Fresno metropolitan area during 1964 The association now is servicing home loans for 4890 borrowers and 13060 depositors The association is an affiliate of Financial Federation Inc of which Sullivan is a director Other officers are Jack Ross Melvin Wright and Albert Thomas all vice presidents and Gladys Riser secretary There are 41 employes in three branches Cottonmen Choose Handwerker The Fresno Cotton Exchange elected Winston iandwerker of Cook Com-any as its new president John Barrentine of Covington Smith Fresno was elected vice president The elections were at the annual meeting yesterday in the Hotel Fresno Seventy six members of the exchange cast ballots for the officers Also selected were six new directors They are Berson Frye of Berson Frye Company rresno I McKay San Joaquin Cotton Oil Company rresno Orman Fresno Cotton Sales Agency Samuel Reeves of Dunavant Company- Fresno Frank Sistare of Pacolet Industries he and Frank Wells of the California Cotton Sales Acala Seed Price Goes $4 Higher Mcdatchy Newipbper SerVlcg TULARE Tulare Co AP Cotton growers in the San Joaquin Valley will pay $151 a ton for acala cotton Wanting seed this year That $4 above the 1964 figure The price was set yesterda at the mid year meeting of the California Planting Cotton Seed Distributors Kennetl Frick of Arvin president said the increase is necessary because of increased beginning cost and a slightly higher average oil mill price Under state law acala 4-42 cotton seed is the only seed planted in the San Joaquin Valley Livestock Market aiBwattJaswK trj sows too scarci for toift the victories and public and lives have praised the for its effectiveness transferring the work It has kept all humor the drama tragedy that marked said one reviewer Business Show Rise California junior colleges which have 150000 students today and may have twice as many in 10 years would receive a financial shot in the arm under a bill presented in the state assembly today -Under the term sof AB 3897 Garrigus state support of the 72 junior colleges would be increased by $9 million a rear Assemblyman Charles ijarrigus of Fresno County 964 chairman of the education committee and author of the plan said his proposal would bring the level of state support for junior colleges up to 36 per cent of their total cost is a long way from he 45 per cent recommended the state master said the assemblyman it a step in the right directum Obvious Need need for this type of egislation is obvious Today the junior colleges are educating approximately 150000 ull tune students In 10 years that fulltime enrolment will row to 300000 "California junior colleges need more state support now Why process Tickets will be available at the door for $1 each to card bearing students when a national company performs the dramatization Monday at 8:30 PM in the Fresno Memorial Auditorium The discount price also will apply for an adult accompanying student groups of 15 or more The tickets may be ordered by mail or telephone from the Hockett-Cowan Music Company box office or they may be picked up in person in the box office or at the auditorium after 7 PM on show night The regular prices range from $250 to $450 The Fresno Bee KMJ and KMJ-TV are sponsoring the -production a presentation of the Fresno Community Theater and the Fresno Philharmonic Orchestra Spoon River which drew nearly unanimous praise from New York critics when it tell about both of their Critics production in to the stage the wry and the the original Three Indicators December WASHINGTON Three important income durable in The reported an the was presented on Broadway last fall originally was dope for the Theater Group a non profit organization made up of professional theater people and academic leaders at die University of California at Los Angeles At UCLA the show ran for its allotted 35 performances before being taken on a tour of Southern California Contrary to some dire predic-' tions it did very well in com-' munities where audiences were presumed interested in nothing but musicals and comedies In New York the show opened September 29th to sparkling reviews from news paper critics and drew strong audience support after a sluggish start Charles Aidman a veteran New York and Hollywood ac-' tor wrote the adaption which will be performed by seasoned New York actors and a brace of folk gingers Spoon River Anthology is a book of free verse about life in a small mid western town at the turn of the century In the dramatization the people of Spoon River risen from their graves AP economic housing starts personal and orders for rose significantly December commerce department 8 per cent gain number of new bouses iut under construction is particularly significant- since it represents a rebound from drop of 11 per cent in November Housing starts for the year were still slightly below 1963 A 5 per cent increase in durable goods during Decem-er is attributed primarily to the continuing boom in automobiles and steel although some gain was reported in almost all major industry groups The commerce department also reported personal income in December rose to a seasonally adjusted annual rate of $5057 billion an increase qf $35 billion from November For all of 1964 personal in come totaled a record $4915 billion a rise of $27 billion above the previous high mark set in 1963 Wages and salaries rose per cent in 1964 a gain $195 billion Housing starts during 19ft amounted to 1543900 abou per cent below the 1963 total of 1609200 With public housing starts added the figures were 1575-700 for 1964 and 1640900 for the previous year Housing starts in Decern her were at an annual rate 1541000 some 8 per cen higher than November but 2 er cent below the rate for eeember 1963 Bancorporation Net SAN Western Bancorporation consolidated net operating earnings after taxes for 1964totale $356 million equal to $198 a share of stock Board Chairman Frank King said that compares with $305 million or $178 a share for 1963 Deposits of the holding 24 affiliated banks a the end of 1964 were $59 bil lion up $317 million for the year Wool Market NEW YORK -AP- Wednesday Wool futures were tower today on (riling credited to trade and commission sources Wool tops futures were Wgfitr Prices were generally unchanged the Australian wool auctions foreign advices Indicated Woof futures dosed of cent to 11 canto lower Lew Close March 122S 1227 May 1214 1217 July 1210 1201 120J 1220 1214 1211 1221 1219 12198 March HMS Miy eeieitineieeeee 1219 1219 1214B Certificated wool wot 1245N Wool tool futures cloud of a cant higher March 1445B Certificated wot wool top MMN Sf- f-'" business data like lightning-and then make it travel on foot? bination of more than 500 basic communications products and services to meet U2sTnoM S17JD No 14 250470 lb $1550 16 Sheep steady for a prlmo i cull Ity fall (hern and 1400 slaughter com steady mostly choice around heifers meetly 2S23 slaughter SB luehter steers ibo-IJJOO" cutter and utility $12 1X75 i and prhiie 400-500 lb riser i good end choice $1922 choice and $2325i calves STOCKTON Tuesday: Cattle: Salable 150 Entire supply lor today's auction CALVES: salable 100 Supply entirely feeder calves largely auction HOGS AND SHEEP: calves Poultry Market UPI Wednesday: 15M19c Light 45c Heavy Hene-Ne price (del SF SI) Turkeys Ne prlc SAN FRANCISCO UPI Dressed poultry ready to cook prices to retailers: Frven-2tJ5c Roasters-45c Hens under 4 lbs-1927c Hone 4 lbs and ever 3240c TURKEYS FryenRoastars-4045c Young hens-J943c Young tarns under 9 lbs Sf42c rouig tome 22-25 toe 2743e Yeung tame IS lbs and over 3944c Butter Eggs Cheese FRESNO Wednesday: Small-12 Me SAN FRANCISCO UPI Wednesday: Dairy prices to retailers: EGGS Consumers cartons price per dozen Large AA 3i44c large A 3642c medium AA 13 42c medium A 3339c anall AA 2430c small 23 29c Nulaid Farmers Large AA 44c medium A 42c email AA 30c BUTTER-AA and A 1 Ik print 7M 70Vbc to lb print 64V47)C CHEESE: Singles dalriee 42 50c processed American 5 lb loaf 4c Cheddar lb block 41ta47toc Alfalfa Report LOS ANGELES UPl-FSMNS-Wsdnte-dav: Alfalfa hay: US No 1 tn No 1 leafy S3032 Nol I green HI 32 No 2 S2129 Oat bey: S3335 nominal Hell make all the arrangements to analyze plan furnish install and maintain your system You pay only a monthly charge after installation Chances are some of your business problems could be solved by better communications lb find out how just call the nearest Pacific Telephone business office and ask for a Communications Consultant no obligation for his assistance and advice Potato Price May Increase The next several months should bring further increases in potato prices An agriculture department survey shows that storage stocks of the crop held by 1 growers and dealers on January 1st were 16 per cent urnflller than a year earier and the smallest since January I 1958 Grower prices in mid De-cember averaged $340 a hun- dredweight compared with $142 a year earlier The 1964 fall crop was down about 11 per cent from a year earlier Fall crop potatoes will make up most of the consumer sup-ply through March Tiros Shot Delayed CAPE The federal space agency's launch of an advanced Tiros weather satellite into a polar orbit has been delayed unti early Friday The delay was caused yesterday by troubles with a gyroscope ir the Delta rockers second stage Distance and delivery can slow the fastest-processed information in the world to a walk Bat Pacific Telephone's Data Phone service practically eliminates distance to deliver business information in a flnnh Data-Phone service connects office to office across the street or across the nation It provides direct transmission from trinrhine to machine and lets them exchange facts figures written even at up to 2500 words per minute There a delay-ora footstep in between A Pacific Telephone Communications Consultant ean apply any one or a com Pacific Telephone Part of the Nationwide Bell System Data-Phone Set BUSINESS PROBLEMS THROUGH COMMUNICATIONS SOLVING Smc Mu ddtoM 1.