Lake Charles American-Press from Lake Charles, Louisiana on June 14, 1964 · Page 7
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Lake Charles American-Press from Lake Charles, Louisiana · Page 7

Lake Charles, Louisiana
Issue Date:
Sunday, June 14, 1964
Page 7
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Market Retreat Finally Stemmed By ED MORSE AP Business News Writer NEW YORK (AP)-The stock market last week stemmed a retreat from the historic high of May 7 by making its first advance in four weeks. .The recovery was on the lightest volume since the week «« ,. Iast Au S- 10 042,010 shares were .market worked cown irregularly since then. Monday the Dow sank fo 800.31-j«st above the 18,traded Last week's total was 20,158,810 shares. Analysts considered the recovery mainly technical. The week brought a full quota of good news and there was some opinion linking market action with the jockeying of Republican presidential hopefuls. The three previous weeks of decline, however, also had plenty of good news and stock prices still fell. The Associated Press average of 60 stocks advanced 24 to 304.0, the sharpest rise since 3.4, the week ending May 9. The Dow Jones industrial average advanced 3.36 to 809.39. Wall Street chartists linked much of the market's performance to the action of the Dow •fanes industrial average. This reached an historic closing Bigh of 830.17 on May 7. The YOUR HEALTH magic level which it topped amid great fanfare on Feb. 28. This time, the 800 line proved to be a kind of support level from which prices rebounded. The market advanced sharply, although on low volume, Tuesday, Wednesday and Thursday. A mild and irregular decline ended the trading week Friday. The low volume reflected lack of enthusiasm and there were plenty of analysts who predicted that the average would sink toward 800 in the Dow again. If prices weathered the test, then the next upside move might have a greater following, they said. Of 1,512 issues traded last week, 759 rose and 589 fell. The Associated Press average of 60 corporate bonds traded on the New York Stock Exchange registered a tiny overall gain in fairly active trad- SUNDAY, JUNE 14, 1964, Loke Ghorles American Press Youthful Team Guides Scranton Drive ing- Corporate volume on the exchange dipped to $50,003,000 par value from $55,449,000 a week earlier. Can We Learn How to Relax? By Dr. Theodore H. Van DelJcn i Dr. Van DelJen will answer (Copyright 1964: By the Chicago Tribune) A Detroit woman writes: "My husband will retire in three months and already is getting jittery about it. He always has acted like a caged lion on weekends and cannot wait to get back In work on Monday. He loves his job and respects his boss, even though he has received only two promotions in 30 years. All my husband knows is work. If he can't relax on Saturdays and Sundays, what will ha do when he retires?" Many people have the capacity for work but not for leisure. Their patterns of everyday living make it difficult to adapt to free time. They are psychologically and emotionally unprepared for leisure. This is true particularly of the conscientious man who has overevaluated the world of work and has forgotten how to play or enjoy the finer things in life. We are not trying to underestimate the need for doing a It. H. RUSSELL President's Conference Plant Safety Engineer To Attend Meet H. H. Russell,] safety engineer at the PPG Cherriical Division plant, has been! invited to take part in the nintji biennial President's Conference on Occupa- , tional Safety in Washington, I D. C., June 23-'i5. ' The meeting, to be opened by President Lyndon B. Johnson, will bring together leaders of all segments bf the economy from all parts of the nation to consider ways to reduce the toll of occupatiomlil accidents. Russell has been with PPG Chemical Division in Lake Charles since August 1, 1947, when he begarl work as a safety inspector. He was promoted to his present position as: Safety Engineer in 1954. The safety engineer is a member of the American Society of Safety Engineers and S a f ety Engineering Society of Southwest Louisiana. He Is a native of Huntington, Tex. The conference theme is "Mobilizing Leadership for a Safety Breakthrough." It recognizes that the nation's job safety efforts have reached an apparent plateau. In three plenary sessions and 13 workshops, the participants will try to devise new techniques and new applications of tested procedures to start accident rates again on their longtime downward trend. Secretary tf Labor, W. Wil- ir r,u py -,, , , ! lard Wirtz, is general chairman Users of these pills have de- < 0 [ the conference veloped phlebitis but the number of cases is no greater than in nonusers of the same age. STORM PALPITATIONS G. B. writes: Last winter, before every snowstorm, I rievel- HARRISBURG, Pa. (API Gov. William W. Scranton of! Pennsylvania, a relative newcomer to tlio national political! scene, has surrounded himself ] with a youthful and imaginative team espousing the cause of "moderate Republicanism." This team, like an idling en- 1 gine, has been wanning up to'. Scranton's presidential canrii- ( dacy for some time as it. sought j to have him drafted for the nom- j ination he said he did not want. Now the 46-year-old governor' has thrown the machinery into: high pear declaring himself in the race. One of Scranton's chief lieutenants in his late bid to take the nomination from the grasp of Sen. Barry Goldwater, Ari- /ona conservative, will be Pennsylvania Ally. Gen. Walter E. Alessandroni. Alcssandroni, -18, headed Scranton's campaign for governor in 1962, helping to provide Iho 487,000-votp plur.ilily thnl ended eight years of Democratir rule in this largo industrial stale. Next, there is William G. Murphy, 34, secretary to the governor. Although young in years, Murphy is a veteran on the Scranton team in terms of political know - how, having served as an aide to U. S. Sen. Hugh Scott, R-Pa. William Kcisling, assistant to the governor at. age 27, is the youngest member of the Scranton team. A former newspaperman, lie worked for Scranton in the 1%0 congressional rare. That was the year Scranton unseated an incumbent Democrat , by 17,000 votes despite the fact the late John F. Kennedy car- I ricd the district in the presiden- ! tial race. .Sources close to the gover- i nor said Keisling wrote most of ' the governor's speech in Balti| more Friday in which he de, elared his candidacy. Keisling was assisted by Malcolm Moos, ; professor of political science at , Johns Hopkins University, who 1 advised on many of the speeches of former President Dwight D. i Eisenhower. Jack L. Conmy, 31, worked with Keisling on the Scranton, rPa.,) Tribune before resigning to accept a position with Du Pont. He joined the Scranton forces during the 1962 gubernatorial campaign and now is the governor's press secretary. A. James Reichley, as Scranton's legislative secretary, ha8 had remarkable success in getting controversial administration proposals, such as a 5 per cent sales tax, through a General Assembly where Republicans hold a slim majority:' You Can Count on Us...Quality Costs No More at Sear Luxury Recliners "Soft-Touch" Vinyl Father Likes to Stretch Out and Relax in a Sears Rediner questions on medical topics if stamped, self-addressed envelope accompanies request. BLURRED VISION . R. H. writes: When a person diets to the point of getting blurred eyesight, is this the beginning of malnutrition? Reply No. An article on 11 persons who starved for periods of 12 to 117 days listed the side effects of this slimming plan. Blurred vision was not one of them. Why not have your eyes examined? BIRTH CONTROL PILLS Mrs. L. P. writes: I am 20 years old and have three children I would like to try birth control pills but have heard they cause blood clots in the legs. Is tin's true? Negro pharged In Theft, Forgery ' 3 ' job well and working hard It is fore cver y snowstorm, I rievel-, a wonderful trait but the individ- i °P ed sevcre palpitation. Is this A 30-ycar-pld Negro, John W. ual misses an important phase i a s '8 n of heart disease? i Jamison, 2(122 East Mill {51., ' '='- ----' • • ' Reply nas been charged with forgery of life unless he can comple ment his work with leisure. Possibly, though the relation- and theft in connection with the IVIIL IflJ VYUl I\ YV ILK 1C13UI \~' »• *-•-••• - -. -,.-.- ..... Having a hobby is not neces- |Shl P lo snowstorms probably is cashing of ai 538 check at a local irily the answer, because in! coincidental. Examination plus! bar. sarily the answer, because in an electroc.miiogram will an- many instances the do-it-yourself projects are more related swcDr , >?"]' T,Tll nn '" a jiffy to work than to leisure. These BLEEDING DISORDERS individuals remain active over the weekend because they think they must work in the garden or in the basement. This is in contrast to wanting to do some- conirasi 10 warning 10 ao some- ° " '• " >viv ai <= thing. There is a difference be-1 manv reasons why a person between the two attitudes and here-' comes a bleednr Jamison forged the name of • A. J. Chauniiont to a check on a | local bank and cashed it at a a bleeder bar on Enterprise Blvd., Sheriff . liac? Henry A, Reid Jr., said Satur- Rfply i day. Hemophilia is one type of . Deputies filed charges with bleeding disorder. There are! Dist. Atty. Frank Saltcr. C. M. writes: Is .. „._„ the same as a hemophiliac? in lies one of the secrets of enjoyable and productive leisure. The complusion to work is more complex than meets the eye. Compulsions are reactions that have a must or imperative quality. They are associated with obligations, expectations, and demands. It involves what you should or ought, to do rather than what you want to do. Many workers cannot enjoy their free time because they feel incapable of being their o w n boss. Their weak ego needs an authority; without one, leisure becomes uncomfortable. In time, these individuals subordinate their own capabilities and concentrate on building their life around the family, business organization, or society. Their time is not their own — it belongs to others. Today's Health Hint- Diabetics do better when they know their disease. Address inquiries to: Dr. Theodore R. Van Dellen Tribune Syndicate Tribune Tower Chicago, III. Coffee breaks in 17th Century England w«|re so popular among the men thflt the women signed a petition charging: "This bitter, nasty puddle water so attracts that we scarce have two pence to btry bread nor can we find our husbands even to call a mid-wife." *Sears name for polyurethane foam LABORATORY^t? APPROVED Adjusts for fall Adjusts for perfect TV viewing "stretch-out" reclining Better Because: New foamed vinyl cover looks and feels like finest glova leather, yet It's famous for rugged wear. • You're surrounded by soft Serofoam* padding — In. seat, back, arms and footrest. • Reversible Serofoam* cushion is fully 4 in. thick, over a sagless spring base. \ EYES EXAMINED C|LASSES FITTED DR. O. E. MICHON OPTOMETRIST A'-RO^S FROM GUF STATFS UTILITIES D STREIT PHONE 436-9807 It's Got Everything! Compare This Quality Chair Anywhere for Comfort... for Big Size... for Handsome Modern Styling The softest, most luxurious chair you can imagine! You're cradled all over in buoyant, foam . . . you sink deep into a puffy foam-filled back. You can even choose your own personalized comfort position. And its all quality built from frame to cover, with fine tailoring and clean modern lines. If you're after big comfort at a big savings see this chair now. Yours in Fern green, beige or brown DON'T SWEAT MONEY PROBLEMS! LET US HELP YOU $ 1000 to 10,000 ON FIRST AND SECOND MORTGAGES 72 HOUR SERVICE U D 10 YEARS TO PAY Consolidate Your Bills, Remodel or what ever your needs Lay-Back Adjustable Recliner Chairs in Colonial Styling Luxurious Serofoam Cushioned Recliner Chairs Unlimited Funds Available • Commercial Loans up to $1,000,000 I CALL OR COME IN TODAY We go anywhere in ihe Siala of Louisianf ANDY LYON AGENCY 929 HQDGES Hi 3-7634 Reclining chair that makes one easily adaptable to casual living Extra comfort in Seroi'am* padding. Covered in colorful Harmony Hou^e Nubby Weave fabric. Sculptured wood turn i:>. maple finish. 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