The Amarillo Globe-Times from Amarillo, Texas • Page 15

TUESDAY. APRIL H. 1959 Markets 48V, KM as IS Si 53 36 Ii 61(1 33- I STOCK 11 U'tlwk UMUMuni followlm New Yoik Slock Market tuoUUoiu are furnlihfd lhe AinarJIto oKlcei ol Merrill'Unc-h, pierce, Ferine Smith: Alum Co AUei'Corp- Uid Allied CSD Allied Sir Allli Chal Alum Ltd Am Alrllwi Ani Can ACK Wrllly Am Am Am Arn RudSS Am Smelt Am stl Fdy 11' Cera Lehman Cu J.t Myth MeNiLJb Lone SI Lorillsrd Louli A Hash Stl 93i Truck 40 McKesson 75ii "LMariln Am Am Tobacco 100 'Am Am Zinc JSit Anscor, Cop Anderson Archer, 46S Armco Sll' Armour Co 28V Ashland Oil 221 Allll Cp All Scfln tH Alcttson 241 Avw .14 liabcock 3( Halt i Ohio 46 Benok Av 201 Belli Sleel 511 HHvv Knox .111 Boeing i 401 Warn 421 Brantl! Air 161 Brfdfpl Ilr 39! Brissi 9 BMl-l) Cas 521 Bucyrus Er Budd Bullard Burl Induf Burroughs CIT Financial Canada'Dry Can Pac Jly I Case Caler pillar Celantie Cent 'SW 3154 Mont Ward Motorola Murray Cp Biscuit 'atl Cm Cash Jat Dairy DUllll S'at Lead Mall s'al s'ew Eng Et Central for Am Av Vor Gas s'orlhrup Pac Ohio Oil Olln Milh Pac Gas i 'an Am 1VA 'anh EPL arkc Dav PJct 1 'enjiDCem Penn Salt 'enn RU PcpslCola Dod 'hllco 'h Morris Pet Gins 'lymth OH Gam ub SV E4G Polaroid Radio Cp Raytheon Repub Sleel Reyn Me lal Rc.vall Dru; RonTobE Royal Out Charapl-. Oil Chance' Ches Ohio Tool Chrysler Cities Svc. Clark Equip Comg Gls Colo FuclT Gas Comb Coml Credit Comw-l Ed Cons 62ft Cons El Or ConU Can ConU Mot ConU Oil Com Prod Cosden Pet Crane Vf- SMIy Oil CTOY.TI Zet Crucible S-, CvirlhWr Decca Record! Sou Pac Co Deere Co Douslai Mr rww Ct.em Dresser Dypont Ex Cell Me Esslern Air Easlm Kod Eston Hfir Et Paso NG Zmer Radio Erie RR rBirch Ens Flintkole Ford Mol FrsepLSu! FruchaufTr Cia PacCp Gen Uynam Gen Elec Gen Mot Gen Pub Ul Gen Tire i Gillette.

Clmble Glldden Goodrich Goodyear Cracs Greyhound Cirumman. Oil Oil OulfSlaUt tlalHburtOH Homest Mln III Cenll RR Insplr Cop" TnlerlaVe I Inll B'j Mch Intl Hart- Inll Nickel Intl Paper Jnll TiT Jnr.cs'I*u Johns Mativ Joy Stti Al Kern Land Ketr 39 113 65' 87 43 44 Mil J2S JS'l 3IK 8611 lerck linn MiM SIR 4K 27 li 53 '-i 70 49 33V, 112 37 7sy, 20K 29 SI 8711 33 4Si4 38 17- 6214 24 62 51H 471i 57 56H 67H 65 41) SI Jos Uad Si Ren Paper Schenley Scherlng Schlck Seaboard-Air J. 3SH (S 14 Soulhn Hy So'w pub.S Spcrrj- RaJl 63 3SS 22H Webb Sunray Me Teir.co Alrc J21i 63 Till ISM 16S SM TCH re.vas'Gulf Pr 31 Tex Guir Sul. 23S Texas Init 100 tt'AO 2SH Bear 47K Transatr.er 2SS 41' 35 Union Pac Unitfd 'Airo Unlled Alrt Unlled CP Unit Fruit Ltn Gas Corp ire HOTSV US Rubbfr SMI Va El pw Waln-onh IVarr.er Hr Warm 1 Weslf! Alrb Eleo West Aulo U'est Union ffheelg Sll WTllte Mol H'llson 4 Co Wlnn Wcwlworth Ynest-SlMt' Zenith 41 4H1 son 12 JSH 75-1 23B ssi; 57 4-3 3SV1 4211 23 270 AMKKICAN Cl'RS AUaf Corp Imperial- Oil 43S Brit Pel Kulstr Ir.ds 15-7A Ftrgo Oil 9 Webb 4 -IS THE COUNTER Oil Gas 8 isv 9 'Lire 61V Lone Sfar Stl 4 MI ffl 3S TM lot GAS ff nyJer.Trurit Henlnl SEOOM1 HOUR AVERARre RltLj; 698.M4-1.1 BOMW. .66 I CHICAGO i.n-r.sTocB' (UPD-Hoss 9.500; l( to stronp.

InsMhcc-: up (o i mainly nvcr r.i", 151 1 18 1 Mvir, i prime clly 1M; ttm "elfcn'sfMd vealtrl teady; rnickan fed J.UCO: fholtf nil 1.22S ns low choice os choirs heircrs seve ai vtslen JJS.oo doscn. WHEAT! TM Seolerr.ber CICOT.VTIOXS At p.m. rt Co.) CWcmro Fatnrei 3.07 dn 1.8SS dn jji; up May OATS: May SOYBEANS: May 226K unch Kansat.CIrr Flares CHICAGO PROnt'CE CHICAGO (API-Bullcr 37.900; both uncrainged. KANSAS CUV LIVESTOCK KANSAS CITY Calllt 5.0M wives 100; steady lo J5 hlgber; steers 31.00: stood and choice I6.5TK10.M ilindart and good J3.50-26.00; cholc mixed yearllnss 29.25.JO.OC; choice heller M.25;. good choice ywrilnss 25.50 JS.50; 32.00-35 00 Hood lo choice' (eedtr jleers 26.C02S.75 choice itoclc slecrt 23.M: gxi and cholc heifer calvcj 32.00.

i Sheep l.XO; lambs 25-T5 hleher; olhe sheep uood old crop wooled lamb It.M; good and choice wooled lamh 50.00-50; Rood and choice shorn 19.00 Rood lo spring Iambs n.n; ch spring Iambi 22.u*W; wwled down. FIVE Kn.I.ED BY TRUCK lA-CORUNA, Spain (UPI)-Au thorities satrt 'today five wome walking single-file along llm sicl of a road were struck down an killed by a large, truck Monday The women returning horn local fair. About 1,700 species ol plan in Arctic, BAMAB1U.Q. GLOnK-TOIES, AMAfilLLO. TEXAS The Daily Investor By WIUJAM confused.

.1 own five shares of stock In i company 'that Is planning to split Us stock two for one. How many shares will be sent to me when tlie split becomes effective? My broker says I should get 10 shares. My banker nays five shares. I called another broker and he says two and half shares. A.

After the split becomes ef- cctive, you will own'10 shares, he only thing a stock'split does vith conspiracy to bribe a pros active juror to be moved to Viphita Falls' Judicial District 3. Although a formal motion for a Vllu.l^v.- isl IWI IIJC UVe JUt-'il i i a the number of out- nas een presented'to Judge a shares. A two-for-one Gene Jordan of 47th District plit for glance, doubles the Court, Judge Jordan has imli- Jlnthar- -fit i i i umber of outstanding- shares-i lhat you and every other lareholder will own twice as many shares as before the split. This course, that our percentage of ownership i the company be ie same after the split as it was wfore. You are evidently confused on ow Uic company will distribute ie new shares.

It can do it in de'of two basic'ways. the company'may'call in a.11 outstanding stock certificates nd-issue to its shareholders certificates' -for twice as many hares. Jn that case, you would robably have to mail in your old crtificates'. (representing i hares) and would receive a new i i a (representing 10 liares'.) Or the company may leave the Id certificates in circulation and imply mail repre- enting an equal number of hares: In.that case, you.would cep your 'old five-share certifi- ate and would receive'a certifi- ate representing an additional ive shares. Most companies arc following he second method these days.

It a'ves bookkeeping, mailing and ther red tape. Q. Foster Wheeler earned' $1.47 a share last year. Yet, its stock has been selling at a lit- tie less than 10 times that amount. Can you please tell me why? other stocks are selling at JO or tnore times their earnings.

A. You can't, apply the same arice-earnings ratio to-all stocks. some cases, you'll find issues hat are counted as having great po's'sibiiities ''selling at 40 imcs earnings. Foster Wheeler did come up vith a' good earnings report for 958. But remember that it op- rated at a loss in The.pre- 'ious deficit gave it a tax- oss carry forward, which it applied to 1958-th'us'fattening up its earnings' year.

In other vords, the company didn't have pay Federal income tax'es'lasl year. The company also improved its profits last year by improving its ipe'rating 'efficiency 'and' other actors. But, 'it hasn't paid any divi on its stock since Decem ler, backlog of orders ook a dip but are re to be improving-now. For the long range this stock seems 'to have some merit; However, its operational and earn ngs picture will "have to be 1 in the fi nancial district, before; it appeal to the conservative investor. And its outlook- has ated he will "grant such a mo- ion.

Dist. Judge. Graham B. Pur- cll Jr. of Wichita Falls agreed telephone'this morning lo try ho first of the conspiracy cases May 18.

At an informal meeting Monlay, George McCarthy, attorney or three of the men, and Disl. Wayne Bagley had agreed themselves to have the onspiracy cases transfoved to Dallas.Judicial District 160, Early this morning, however, Judge Joe B. Brown ot Dallas, called Asst. nist. Arty, Jesse Owens fo report that his.

docket Is overloaded--and that h'e couldn't-fake the case. A hurried call, to Judge in Wichita Falls resulted in writer Padraic Colum said Mon day the electric, light has dimmci oicuiun at. aom ana Harrison glow of Irish a number ot roulirc nlallel "In the old days, a family an, its friends would. gather arounc the peat fire for both light an warmth and there wasn't any thing to do but talk, so they be came famed for their conversa tional ability," ho said. WRITERS DOX't READ WESTPORT, Conn.

(UPJ)--Thi. suburban New. York community i reputed to house more author per square foot than any olhcr ir lhe country. But the public li brary, which set up a railroa found only customer among 1,000 morning commuters "We don't read books," sail one grumpy traveler. "We writi them." Classified Ads Gel Quick Result: 1 Conspiracy To Bribe Cases To Get Change of Venue PAGE For Site of Trials An abrupt change in plans angiiage of the new Indictment greed to by both the state and is the same as (he 'old indict- lie defense--will cause the irlals ment, except for to of five.

Amarillo men' charged Erlandson's two previous felony McCarthy also represents two men in the original con- piracy to i indictment. fiiuivufiii a luiuicu rnuiiuri iur a hange of venue' for the five men i 1 1 are Joc Stevens, Ran- rt uail LOUntV llttornev nnrl Rilu-in maw uiuiuti was a neiitioii nf the Lawrence Park and.Tarter Dale Williams to change from AddUions were approved by the Dwelling 'to Local TM 11 City PlanniiEr Mnn. 1 he judge's acceptance of on his docket. the Both the state and the defense lave expressed agreement 'to the hange of venue motion--which is being prepared by'McCarthy -and to Wichita Falls as the loca ion for the trials! McCarthy has stated that he fs preparing the motion' for (lie change of venue "because the vide publicity to the.case throughout the. entire newspaper area vould difficult to get a ury which hasn't already formed an opinion." "It would be difficult for a prospective juror to be fully im- ir.ojudiced when the indictment illeges a conspiracy to bribe a uror," the attorney said.

McCarthy ii attorney for a 50-ypar- olil hail bondsman 'who faces an indictment alleging that he Is an habitual criminal. The original indictment against Eriandson named -him with the other four men was dismissed by Dist. Bagley this morning. Bagley dismissed the old indictment because Eriand- son hart been re-indicted under a lew enchanted indictment as a labilual He said the Candidates Draw Runoff Positions Votes in last week's city elec- iion will be -canvassed by the Amarillo City Commission in today's meeting and two -men scheduled for a runoff for' one commission seat will draw for position on ballot. Carl Dupriest, present commis sioner Place No.

2, is scheduled to'face William C. (Bill) Boyce in a runoff'for. the seat. Boyce led in the first, elebtion, but 'die not receive the majority neces sary to avert a The will also brightened because of the pro- approached with proposals fron posal to merge Foster Wheeler a least two realtors to'dispose nto North American 17 homes along Amarillo Ex The mam.lesson here is that pressway 'which are owned ox it's very passible go wrong thE city Thc honles are on pror vhen measuring a stock's value 'e rty left rom right ot way tak against earnings report. ings for pxprcssway and were earnings ratio can be a valuabl" tool--but it is a flexible' tool.

United Fealures Inc. unsuccessfully offered for sale bj sealed bid proposals recently. Other business, scheduled fo SEE BETTER. TALK LESS commission meeting WASHINGTON (UP1) Irish consideration of bids for construction of a new No. 2 Station at 16th and Harrison and Boom Nets Nothing But Harsh Words A strange face at a bedroom window sent Moriroe.IIardih, 155 Parr, running for -his sholgun late Monday night.

As the prowler across Ihc yard and over the fence, Hardii dashed for the alley. Seeing that he was losing th race, Hardin aimed his 12 ing blast. The prowler kept run Ing. Police, who received Hardin' call about 10:30 p.m., gave thci customary admonition about dis charging firearms in the cits limits. who'd ever think such delicious bread could help you keep slim! Fortified wilh vitamins minerals Ho added sugar or shortening Approx, 45 calories per 17 gram slice lite Diet.

FRESHE BREAD CO. ft. 40, of 405 an Amarillo since 1324. Mrs. Lcltlc Lavana DeLaho, 73, Amarillo, died Sunday In Hoi- ywood, wherrj' she' had for flbout a month on account of her health.

Her home was at 1501 Buchanan. Mrs. DeLaho had lived in lhe 'anliandle area since 1910 anr) had been 'a resident of Amarillo attorney, and 33, the first of lhe to be indicted for attenipt- ng to bribe a prospective juror i the Nick Bargas' murder trial. Others named in tlie indictment ire Joe Billy Brock, 35, an altor- ey, and May Reginald TucKcr, bar-owner. Tucker's attorney, Herbert Martin, has Indicated that he will agree to signing the change of venue motion for hlV client Brock has not made a statement concerning his own plans tor' the proposed change of venue motion.

The five men were indicted by the grand jury on the conspiracy to bribe charges on Jan, 14. They are charged with conspiring to bribe a special venireman who had been called for the Oct. 27.capita) offense trial week In 47lh District Court. Planners Approve 2 Zoning Changes She was a member of tlie Bu- Street Methodist'Church and was active.In Sunday school work. Slie vvas born Sept.

21, 1885 in and she and Mr. DeLaho were married in 1906 in Dublin, Tex. Surviving are her husband, J. S. DeLaho; three sorts, Jess Be- Laho Jr.

and Edgar F. DeLaho of Oakland, and E. Max DeLaho, W. 6th; three daughters, Mrs. Joe Redmon of Hollywood, Mrs.

Fred Roe of Los Angeles, and Mrs. Doris Bruce of Oakland; a sister, Mrs, Bea Bigham of Stamford, five grandchildren and' three great grandchildren. Arrangements for funeral sen- Two petitions for rezoning in iiy Planning Commission also approved plat of Olscn Park Unit 27, con' ling 2.65 acres bounded by vas Atkinson and Bereet streets, The rence change from six lots from A to Dwelling and jiiore than two blocks A to Dwelling. All are located on thc south side of 27th nvenuo west of a commercial area fronting on Georgia. Applicant ivas Horace Dwight.

H. Taylor, was granted approval for a change from Dwelling to Local Retail for he 1500 block Mirror, east side of the street. area bounded on the vest by the Santa Fe right of vay, on the north by E. avenue east by Trandwind Roac and south by E. 46th.avenue.

Castro to Visit Nixon Sunday (AP) Qlbat ltcl Prune Minister Fidel Castro' ml An application by Glenn Mabry mcot yvith Vic President Riclian on thc ir. Nixon next Sunday night a le Geoi-Eia- Klxon home "ie-Cuban Embas to rezone part of two southeast comer of the Georgia- Afockingbird.intersection from desires v-aouu rtiau will meet ACl itruct a service slafjon at (lie ing Secretary of State Christiai -A. Hcrter at a Tlmrsday luncheon site. Approved for public hearing an application of Frank inighton to rezbne from Dwell rig to.F Retail an entire between 7 13th 'and N. Washinglon and J.

D. Amend filed a petition vith the commission to change Dwelling to Manufac- uring an unplatted containing 22.23 acres southeast of Price College' and west, of the Santa traQks! Tho commission approv'ed-for public hearing a proposal by Richard Bourland for Don IMerson Enterprises change Ironx Dwelling to G-r Retail an unplatted area nn the south side of Woltlln op- liosite Tascosa High School. Plannerl fnr the site Is an auto sales -agency. Rejected was application of Bill Burgess to change from H. Retail to I Commercial several lots on north side of 'Bush land boulevard from IndepMid once east to existing developments.

Tabled 'was a petition of W. Eakens, L. C. Byars.andKalhryn ff. Dye to change from Dwell ing an(l Retail to Industria 12 the block between E.

and 28th -avenues and' Williams and Sew Matciiirig Frocks 8267 8268 3-8 By SUE BUHNETT DARt-TNG FI1TED frocks to please mother and daughter. N'o. 826T with PATT-0-RAMA is in sizes 10, 12, 16, 18, 20 Size 12, 32 bust, with sleeve yards of 35-inch. rfo. 8268 with PA.TT-0-RAMA is in sizes 3, -1, 5, 6, 7, 8 years Size 4, with sleeve, yards of 35-inch.

Two patterns. TO ORDER, send 35c in coins for each pattern BURNETT Amarillo Globe-Times 372 W. Quincy Street Chicago 6, 111. For Ist-class mailing add ICc for each pattern. Print NAME ADDRESS with ZONE, STYLE No.

and SIZE. Basic FASHION magazine 35c Also tabled was a pelitioii of ots on lhe west side of Mirror, Rejected by lhe vas the request of Santa sy announced' today. Castro will arrive here Wednes Castro also will meet with Act in a Washington holeJ. The Cuban leader also will' ad dress the convention ot Hie Amer ican Society of Newspaper Editor: Fi'iday at luncheon. WOMAN FOUND DEAD -DALLAS (AP) Mrs.

Belt Howard, 31, was found shot ti death in her home yesterday, rifle was by her side. Classified Want Ads Get Results Mrs. Lettie DeLaho Dies in California ccs will be Black- unvSbaw Funeral 'police are -a drive-to curb 'the jnouiillng 'sales il lorgcd National stamps. PKKMIKK CAIRO (UPI)-The clandeslW ol Fred said Monday that Iraqi Premier Abdct Karlm Kassenv had suffered a nervous breakdown. The report was not' confirmed CHRIST OFFERS LIFE For Yeu Attend BAPTIST SIMULTANEOUS REVIVALS "Now" Bcfng Conducted in 37 BAPTIST CHURCHES in A.MARIU.O AND THE IMMEDIATE AREA TliKU APRIL 19tii ARE TAILORED TO FIT TO A "TEE" The flexible-shank are designed; to exercise your archis, arid give life arc! energy to' thoss lazy bones flu golf oxford sketched it in brown-and-wriite gluvelk, wlfh removable spikes and Duflex sole.

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