Fort Lauderdale News du lieu suivant : Fort Lauderdale, Florida • 13

rvi Dividends Declared Premium Runs To 30 Per Cent FT. LAUDERDALE XEWS Aug. 22, 1967 15A NEED INSURANCE? Mondial Pinal Ine DIVIDENDS DECLARED Merchants Refl9 J75 uiviubnp UEiLAKEU Mirm Aluminum .45 P. Stk. al Pay- Nnrtfc P-n Rat .15 Silver Certificates Are Windfall 10-10 9-14 10-2 10-1 9-29 9-15 9-8 9-29 9-11 20 (-30 9-4 -U t-lS 1,1 f-1 1-31 State riod Record aMa Perni-Coi.

Bott.LI .125 0 SEE IRREGULAR IttaA Qitft Frit .25 Union Sugar 25 5 Western Bancorp J75 'Mi 'Whirlpool CP .40 Masslnv GthStkFd .045 Pitts It Va Ry .04 Pitts Va Ry .05 Wilding Ine 03 EDWIN -4J reri I LINLOtl M5 1115 INTERIM Bowater Paoar (x) .119 (x) Approximately. INCREASED Trust Co Nat Bk .50 All forms 15 REGULAR Allen Industries J5 0 9-15 Broward Blvd 10-2 Apoiebaum's FdM .09 Boss-Linco A 135 S7 SiiJtM af 1 ml 10-16 9-20 Ches 81 Ohio Ry 1.00 Chi .40 Christiana Secur .1.25 City Nat Bk, Det .50 New Book Firm Head CHICAGO Charles E. Swanson, executive vice president, has been named president of the Encyclopaedia Britannica, Inc. He succeeds Maurice B. Mitchell, who resigned to become chancellor of the University of Denver.

9-20 9-12 9-15 9-15 9-15 9-12 9-12 By JOHN CUNNIFF NEW YORK. (AV-The value of silver certificates continues to rise far above the face value printed on these commonly circulated bills. A check of some recent prices, shows that premiums of 10 per cent and 12 per cent offered a month ago have now risen to 20 per cent, 25 per cent, and in at least one instance, to 30 per cent. This means holders of these bills can now receive as much Ph. A 3-2013 as $1.30 for a $1 bill, $6.50 for a $5 bill and $13 for a $10 bill from coin dealers in various parts of the country.

Bankers, cashiers, tellers and others who accumulate large supplies of these bills from unsuspecting customers are regularly cashing them in. And even though $400 million of these bills are outstanding, it is very unlikely any smart bank teller or cashier will return any of them in change. t-1 9-1 9-1 9-15 9-1 9-1 1-29 9-1 9-1 9-1 828 9-1 9-15 9-15 9-15 9-8 9-1 9-1 9-12 9-1 9-8 lowies a Denison Mines 35 du Pont Nem .1.25 First Mlgt Inv .30 FstNatBk, Jtrsey .40 9-30 Read The Want Ads 10-1 ,20 Giant Port Cam Glens Falls Ins 10-10 9-22 Harrls-lntertypa .25 .25 .09 .11 Havatampa Clgai -ig 9-15 9-15 Income Fond, Boa ALDEN HOUSE 10-1 15 Kaneb Ploa Line 915 9-25 9-15 Kellogg Co 325 La Maur Ine .125 Madison Gas El .185 Jl9leldenee for Senior DESIGNED FOR THE COMFORT ver at auction, with market demand dictating prices. Since this demand is high for the limited amount of silver, the price has risen to $1.70 an ounce. The coin dealers and others who now offer $1.25 for a $1 silver certificate can therefore obtain much more than that by redeeming the cate for $1.29 an ounce silver.

After receiving their low price silver from the government these dealers then can resell it in the open market for $1.70, making on each ounce more than 40 cents. The question naturally arises about whether the middleman needs to be included in the transaction. He need not. Any holder of silver certificates can redeem them himself, but he's liable to have some trouble. First, the only places redeeming them are the U.S.

assay officers in New York and San Francisco. And then, unless your quantity of bills is huge you will be paid in silver granules. It is hard to resell these. Boosting the value of silver certificates is the rising price of silver metal, now about $1.70 an ounce. That's the open market price.

But holders of silver certificates can still buy government silver for $1.29 an ounce until June 30, 1968. For years the U.S. government pegged the price of silver at $1.29 an ounce in order to protect its coins from being melted down. If silver prices rose too much, the thinking went, silver coins would be destroyed for content. The government maintained this price by selling from its stockpiles.

But rising demand threatened to deplete the supply. In the face of this threat coins were minted from other metals. Now the government says the supply of non-silver coins is large enough to offset the threat of coin depletion by melting. It no longer keeps the price depressed to $1.29 an ounce, except in redemption of certificates. For the past month federal officials have been selling sil If, however, you turn In about $1,300 in bills you will receive a silver bar.

This is more easily traded, but still is far short of the amount in which commodity markets deal. To sell silver on the open market today you must accumulate 10,000 ounces, that is, 10 bars. Few individuals have such an amount, even though millions of the bills are in private hands. The dealer therefore serves a purpose. One New York dealer claims he is receiving regularly each week some $30,000 in certificates and expects to continue to receive large supplies until the June 30 1968 deadline.

"They're coming in by the two and three hundreds," he said. "Bank tellers and cashiers especially are turning them in. "After we get enough we turn them into the Federal Reserve. They give us a receipt and then we get our silver at the assay office." A. Neivs About OUR GUESTS The Gourmet Table of CAESAR'S PALACE (Something Unbelievable!) SUNDAY! 12 Noon 'til 10 P.M.

ef7 OF 01 PCI 1 1 jjjjf I Hi lips PEOPLE .24 HOUR NURSING CARE ALL ROOMS Air Conditioned HI-FI Music In Business 4lPl fPjafeau Special. Accommodations Available 1 (PHONE: 565-7785 1 agement corporation with headquarters at Miami, has taken over all distributing operations of U.S. Plastics, Inc. Included are distribution facilities in Miami, Tampa, Or-lando, Atlanta, New Orleans and Lafayette, La. The operation will be han-' died by a new subsidiary, Plastics, Eli Timoner, Giffen president, said.

Zayre retail discount store chain with several units in Broward County, has named a new vice president and three assistant vice presidents. Schoenfeld, who has been an assistant vice president and senior merchandise manager, was named a vice president. The three executives advanced to assistant vice presidents are Fred Field, Samuel Greenberg and George Mover. Zayre headquarters are at Nattick, Mass. Fifth Of Brain Power Lost, Europeans State Printing Firm Sold MENLO PARK, Calif.

The McCall Printing Co. has purchased the Peninsula Lithograph Co. of Menlo Park. McCall is a major publisher of magazines, books, catalogs and directories and has a total of 10 plants in all sections of the U. S.

Now This Fall 1 Learn io Read 3, 5-10 Times Faster OUR AVERAGE GRADUATE READS 4.7 TIMES FASTER WITH EQUAL OR BETTER COMPREHENSION 1956 to 1963 was 15,248. For Britain, the totals were 939 in 1963 and 4,933 from 1956 to 1963. James Baraen, naval architect, has joined the staff of James S. Krogen Miami marine service firm. Barden has been chief hull engineer of the Ingalls Shipbuilding Corp.

of Pasca-goula, Miss. Barden, a native of Wiscon-; sin, is a graduate of the Uni-. versity of Michigan and a naval veteran of the Korean War. ff The Broward Manufacturers Assn. will hold its August meeting at the new plant of the Avionics division of the Bendix Corp.

The new plant, recently dedicated, is at 2100 NW 62nd St. The BMA meeting, on Aug. 30, will open at 7:30 p.m. It will include a business session, followed by a tour of the plant, which makes electronic navigation systems for aircraft. Giffin Industries, man- The Internationally famous EVELYN WOOD Reading Dynamics Institute invites you to attend one of the many convenient free demonstrations this BRUSSELS, Between 10 and 20 per cent of European engineering graduates are emigrating to the United States each year, the European Common Market Commission said.

5 Answering a question about, Europe's brain drain the commission said the drain was mainly and increasingly affecting Britain. The Common Market six (France, Germany, Italy, Belgium, Holland, Luxembourgh), have reached relative stabilization. However, the drain has reached a high level in the Common Market, mainly in Holland and Germany, France seemed the less affected. Britain lost close to 35 per cent of her physicists and about 40 per cent of her doctors and biologists in 1964-65, the commission said. The latest available figures are 2,318 European sciences and engineering graduates emigrated to the United States in 1963.

The total from week of this unique method. Operation and management of radio station WSBR, Boca Raton, has been taken over by Burbach Radio, John L. Laubach, president, said. Burbach also has broadcasting stations 'at Charleroi, and Erie, Pa. One and Two Bedroom New Condominium Apartments Monthly Maintenance.

No Land Lease Excellent Financing $1300 Down. Walk to Shopping, Theatres Restaurants Immediate Occupancy. Furnished Models Open Daily. GATEWAY ARMS CONDOMINIUM WHERE YOU WILL: American Bonds 1 BLOCK SOUTH OF GATEWAY THEATRE 1900 N.E. 8th CT.

525-8036 START YOUR Establishment of a new contract carriage division and appointment of Frank G. Sutherland as vice president in charge of it was announced by James A. Ryder, president and chairman of Ryder Systems, of Miami. Sutherland has been president of Rock Island Motor Transit Co. of Chicago, an affiliate of the Rock Island railroad, for the past two years.

He also served as general manager of the trailer piggyback operations of the railroad. SPECIALISTS I in BLOCK Purchase I or SALES of I OVER-THE-COUNTER I SECURITIES I FARM mmM 111141 MV 1 VaVlllJ A 4 129 129 129 -1 20 167 155 17 57 73 72 73 63 121 115' 121 4 4 97 96 94 3 11 I18W 116 H8Va 2Vi 1 157 157 157 4 30 77 74 75 4 80 76 78.. 2V 4H9 119 119 5 96 96 96 1 65'A tS'M 45 l's 1 45 91 91 91. 87 102'A 100 100 i IVj 1 110 1)0 110 2 21 125 126'A 3VS 6 IS't 92 92 1V 21 193 187 190' Ve 5 95 95 95 64 117 115 115 J-13 135' 132 132 5 28 122Va 120 121 1 1 66 64 46 Vi 2 178 177 178 1 153 123Vi 120 120 2 28 96 95 95 2 7 73V4 73 73 9 154 155 156 2 26 115V4 112'A 112V4 V4 8 123Va 123 123 16 108 104 1 06Vi Vi 1 125 1 25 1 25 7 140Vi 138 138V4 2Va 127 115 113 113 56 108 107 107 1 167 121'i 120 121 1 171 183M 178 180 242 1 61 153 1 57 5 93 155V4 UVt 152'a 3 3 87'A 86 84 2 1 69 69 69 120 HffW 110 110 Vi Hur Hit) outstanding results already achieved by mora than 2,500 successful graduate of the court in Florida. So an ama.ing documented lilm about Reading Dynamic.

Loam how Reading Dynamics can help you to fatter reading, improved com pre. hension, greater retention. HOW DID IT START? In 1945. Mr. Wood made a startling discovery that led to the founding of Reading i Dynamics.

While working toward her master's degree, she handed term paper to a professor and watched him read th 80 page at 6,000 word per minute with outstanding comprehension and recall. Determined to find th secret behind such rapid reading, she spent th next two years interviewing 50 people who could read from 1,500 to 6,000 words per minute. She studied their technique, taught herself to read at the faster rates. Now, after years of testing, you can benefit from this great discovery. AN OUTSTANDING SUCCESS! Result have boon reported in Time, Newsweek, Business Week and Esquire.

Demonstrations have appeared on TV with Jack Paar, Carry Moor and Art Link-letter. Th late President John F. Kennedy called in Mrs. Wood to teach th method to th top 10 members of his administrative staff. th course was completed by many Senators and Representatives.

Senator Herman E. Talmadge, Georgia: "In my opinion if these reading techniques were instituted in the public and private schools of our country, it would be th single greatest step could take in educational progress." Senator William Pronmire, Wisconsin: "I must say this is on of the most useful ducational experiences I have ever had. It certainly compares favorably with the experience I've had at Yale and Harvard." HOW IS IT DIFFERENT FROM OTHER COURSES? Ordinary rapid reading courses aspire) to 450-600 words per minute. Most Reading Dynamic graduate can read between 1,500 and 3,000 word per minute, and many go even higher. No machine are used.

You learn, instead, to us your hand a a pacer a tool you always have with you. Awone 5'4s82 Alaska 6' 1586 AllegA AllenEE 6s87 Alsco SVis 74 ASafeEq 6V4J App Dev 6s75 AssdOG 4s75 Assd OG s77 Aslrex cv5s74 Bald Mt 7s72 Bloom "ts77. BosEd 234s70 Comp 5Vis87 ConOIIG asBO ConTel 5V4S86 Crestmt os80 DataP 5is87 DivMet 5s87 Edo cv5'4S87 Ehren 434s87 Equity S'm82 FstNR 6'76 FlschPtr 6586 GCComp 6s86 GlfLd i'4s77 Int Ind 6s xw Jacksn Jervis 5s82 Ksltm 63is87 Kufm 5'4sB7 Kawec 47es76 KleinD 534S7? Leece 5Vas82 Leslie 6'is86 LevInT SVas87 LTV A '2s86 LTVEI McCull 5'587 Bell 6584 Nat Gen 5s84 Noeast 6'86 Nuclr 5Vjs76f OhPw 3 568 Ohio Pw 3s71 Okonlt 4s92 Ozark 5V4S86 Peru 3s 97 Purltn a'asSl PurFash 4s7 RapAm 7sa7 RapA K4s77 ReevesB SCE 47es82J SCE 44fes85M SCE 4V4S82H SCE 4V4S87P SCE 3Vs81G TelevMf 6V2S TCA 5s79 USNGas is7 VolMarc 6s82 War 7Art5s88 WmsBro S''i WorkWr 41s INSPECT FLORIDA'S BEST WATERFRONT APARTMENT VALUE Cypress Island Apts. S.E. 9th AYE.

POMPANO BEACH, FLA. Large 2 Bedroom Apts. (1000 Sq. Ft.) i Screened Porch Overlooking Water Fully Equipped Kitchen wseparate Entrance i Central Air Conditioning and Heat Pool Free Docking Patios IMMEDIATE OCCUPANCY 8 101 98 98 3 5 97'A 97V4 97V4 IV 1 tm 88 88I4 '4 68 121 117 117 34 129 125 125 Vs 9 54' 54'4 54" 16 71'a 71Va 71' 10 85'a 85'i 85' Va 8 10C'4 lOO'i IOOV4 10 110 110 110 10 118 116 118 2 2 88' 88V 88V1 2 78 78 78 1 80 80 80 9 79 79 79 2 77'A 77'4 77'A 4 9IVa 96Va 96Va 10 134 134 134 2 5 89 89 89 74 109 108 109Vi 141 118 114 114 139 155 153 155 lVa 15 159 157 157 2 a) GUARANTEE Priced from 6 Financing No Closing Costs 12,669 PER ANNUM FOR SIX The student must also have practiced th required number of hours, following the assignments as outlined by Ih teacher. The average student may expect a five-time increase in reading speed, and an Improvement hi comprehension and recall.

Any student who must withdraw from the course for any reason may re-enter any subsequent courses at any future time, at no additional cost. guarantee to Increase the reading efficiency of cacti student by AT LEAST THREE TIMES with equal or better comprehension. We will refund the entire tuition of any student who does not triple his readino efficiency as measured by the bqinnlnq and subsequent tests, or th student may retake the course free of charge. A refund conditional upon the student attendinq all classes or having made up missed sessions with th teacher. FOR SALE Ettabllshad Garden Supply Canter with complete, lawn mower rapalr lervlca and aalet plus nationally accepted paint franchise.

Sevan years In ana location In thriving North Broward County, Grossing $40,000 yearly. Reply Box -80 M. MONTHS DIRECTIONS: FROM U.S. 1 McNAB RO. (S.E.

15th STJ TURN WEST I FOLLOW SIGNS PHONE 943-2875 CHARGE ON INSURED SAYINGS CERTIFICATES. DIVIDEND FROM DATE OF PURCHASE TO DATE OF MATURITY. MONTHS TO PAY! FREE DEMONSTRATIONS IT ALL! See or Write Savings Officer.for Details BROWARD COUNTY All OR HOLLYWOOD Holiday Inn 1925 Harrison Street Friday, Aug. 25, 8 p.m. Payable and Compounded FORT LAUDERDALE Kenann Building, Suit 309 3101 North Federal Highway Today, Aug.

22 12:30 and p.m. Tomorrow, Aug. 23 12:30 and 8 p.m. Thursday, Aug. 24 12:30 and 8 p.m.

Friday, Aug. 25 12:30 p.m. Saturday, Aug. 26 12:30 and 8 p.m. Quarterly on Insured VER ANNUM Passbook Sayings.

Tree transfer, of funds from anywhere in the UJSA. No red tape just bring in your passbook. PALM BEACH COUNTY I SERVICE SPECIAL! III 1 Align FronUnd I I 2 Balance Front Wheels I I I 3 Precision Adjust Brakes II A I I I 4 Repack Wheel Bearings I I 0BLY I WEST PALM BEACH Blue Room, Ceorge Washington Hotel Today, Aug. 22 12:30, 5:30 and 8 p.m. Tomorrow, Aug.

23 12:30, 5:30 and 8 p.m. PLAN TO ATTEND THE DEMONSTRATION NEAREST YOU Svetyn Wood READING DYNAMICS INSTITUTE FORT LAUDERDALE SUITE 309, KENANN BUILDING 565-7769 i 1 IM2I I Jp- I GENERAL TIRE SERVICE II Ml Wt WBkJek HOLLYWOOD POMPANO FT. LAUOEROAU VW tO. FED. HWY.

tT. PIERCE DUNN GENERAL TUB IStl OKEECHOBEE ROAD Ml I 147 NO. FID. HWV. WHI4J20 NO.

MIAMI N.I. ST. WMIt IM HOLLYWOOD M.VS. WA Mlt MIAMI I EACH INI ALTON HO. Ui-ilH W.

PALM BUCH CORAL CAILtS It eiBtD AVI. 4M-II4I MIAMI MM liscaYNE RLVft HI4444 BELRAY (EACH STORE HOURS! Mon. ttiru rl, a a -i aM. Situr4y A.M.-J tM, HOME OF THE FAMOUS PUNCTURE-SEALING DUAL 90 1 iLLAeuSi.ejAe.