Lake Charles American-Press from Lake Charles, Louisiana on July 14, 1964 · Page 5
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Lake Charles American-Press from Lake Charles, Louisiana · Page 5

Lake Charles, Louisiana
Issue Date:
Tuesday, July 14, 1964
Page 5
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BUSINESS MARKETS STOCK MARKET i Most other major groups were ! mixed. i Prices were mixed in moder- |ate trading on the American j Stock Exchange. j The bond market was mixed. Lower Trend Successfully Held at Bay DOW JONES , STOCK AVERAGES CemplIM by Th« Associate Presi InOusl. Rollt Ulll, Stokt day 449.3 1B2.I 1571 31(7 090 447.2 182.8 IMS 3049 Month ago 434.4 173.1 1533 3049 Year <JBO 373.2 1459 1444 SS'n 1«H h'flh W.I 1H.8 157.8 31«;° NEW YORK (AP)-The stock market churned indecisively today but by afternoon appeared to have stifled an undertow that carried it lower in the preceding session. Volume for the day was estimated at 4.7 million shares compared with 4.8 million Monday. Automobile issues provided the brightest spot In the first hours. They slacked off a bit as trading wore on but remained in the upside. GM and Chrysler moved briskly to all-time highs in the morning hours when the market generally was lower. Some other blue chips ran into trouble. IBM fell 11 points despite a report of record first- half and second - quarter earning Aircraft fell 2 points. Steel stocks were lower, but the electronic and rail groups were higher from the start. TUESDAY Fourm H*ur Ayerojei: industrlali 8X5.38 Off I. 1 *?. 1 .' 218.89 up i Utilities , )47 ft U p i Fourth Hour Sfotks- •'"•« "M ; Allied Chemicals American Bakerlei American Can American T&T , !,...!'." Anaconda Armour 8, Co Boeing Aircraft '. ".'.'. Branlff Cities Service Continental Oil ',.'..'. Oynaloclron Eastern Airlines '. Firestone Ford I.!...!!!.. General Dynamics '.!..."!.'. General Motors ! General Telephone ,W. R, Grace Gulf Oil ,,.., (Gulf States I Hercules Powder j Kennecott Copper .....,.,.,.... , j Ubby Lockheed ' Mock Trucks ' Montgomery Ward I Notional Airlines ' i Olin Molhlcson j Pan American ' J C. Portncv ! Pepsi Colo | Pittsburgh Plate Glass Polaroid i RCA !.!..!.."! • Scars Roebuck !....! Socony Mobil Spcrry Rand Standard ol California Texas Co United Airlines United Gas U. S. Sloel i Zenith .19 .72 56 541', JOVt im r>\", AM. aju, 41 535^ 2714 9354 33'A 57 sn, 491/5 451/1 84 38Vj 531^ 451/4 73'i 49 797'. 521, 3515, 60»» Interfaith Meets Held by Churches Announcement of recent meet- Ings of religious leaders—including representatives of both clergy and laity from the Jewish, Catholic and Protestant, faiths—was made today by clcr- j gymen representing the three! faiths. ; The meetings have been held, | according to the announcement, ', "on an Inter-faith basis to discuss some means of better communications in their common: interests." . . .. . | A statement of the religious! leaders' purposes for meeting .was also made. i Making the announcement were: ' The Rev. C. W. Quaid, pastor of Simpson Methodist Church. The Rev. Charles J. Mallet, assistant pastor of Immaculate Conception Catholic Church. And the Rev. John Rosenblatt, pastor of Temple Sinai. The pastors announcement said "Out of such meetings, they (the religious leaders) realize that ( unity can come out of diversity of opinion. "Some of these leaders feel that this is the finest thing that has happened In a long time to promote a better community understanding. One of the matters discussed was the school bus issue." The pastors also said that the Calcasieu Ministerial Association had invited other Catholic prieats to become members of their group and that Interfaith luncheons would be held every three months. The group's statement, unanimously adopted, said: "The Calcasieu Ministerial Association and representatives of the Catholic clergy and interest-, ed laymen are seeking to pro-j mote and continue harmony and understanding among the Protestant, Catholic, and Jewish members of this community. ! "In furtherance of this ecumenical spirit, this group ac- i knowledges that a need has arisen to remind citizens of our community of their patriotic responsibilities. "Misunderstanding has arisen concerning certain actions and statements during the past few months, which indicated the possibility of religious factions and tensions in our community. "This group, desiring to work in harmony and in the spirit of brotherhood, does hereby declare that there is no organized effort that would lead to such conditions and condemns and will not condone any similar attitude. "Cherishing the American way of life, this group urges all: citizens (o vote their convictions, i regardless of race or creed, i Knowing that we are one under God, we seek to minimize our; differences and exalt our com-- mort Interests, so that continued harmony, brotherly love and good will may prevail In '< our community." " i Blast Is Fired Info Home Of Negro Family NORTH KINGSTOWN, R.I. (AP)—A shotgun blast was fired into the home of a Negro family' Monday night, narrowly missing a 10-year-old girl who was mak-. ing a sandwich In the kitchen, j Police posted a guard at the home of Mr. and Mrs. Edward Potter and called on state au-f thorities and the University of Rhode Island criminology laboratory for help in the investiga-' tion. Lugene Potter said she was making a sandwich shortly before midnight when the blast, apparently fired from a nearby road, shattered the window next to her. She was not injured. Three other children were in the house at the time. Potter, a mill worker In nearby Wakefield, and his wife were both out. Police removed shotgun pellets from the window frame. Mrs. Potter said the family has been the target of shouted abuse for more than 1M> years On several recent nights, she' said, a car has driven past sev-1 eral times, its occupants shout-' ing racial taunts. j The Potters are one of several Negro families which have lived in the Allentown section of North Kingstown for more than two generations. Police said reports of racial incidents in the area have been rare. Edward Potter Jr., 10, reported finding a sign in the neighborhood Monday which read "Niggers keep out." Civil Rights Compliance Is Set by Labor WASHINGTON (API-Organized labor is mapping a campaign of "massive compliance" with the new civil rights act that may even include strikes against employers who discriminate. AFL-CIO President George i Meany expects the campaign to | throw the full weight of the la-1 bor federation's 13.5 million i members into virtually every i city and hamlet in the nation. ; Oiie aim will be prompt voluntary compliance with the new law's equal employment opportunity provisions, which do not go into effect for one year. While he declined to specify the type of pressure he has in mind, an AFL-CIO spokesman pointed out that the strike has long been one of labor's chief economic weapons. The spokesman also cited boycotts and listings of "unfair" employws as possible labor weapons against discrimination. DAVE TRA11AN Grand Knight EDWARD J, STRENK Deputy DALTON LEOLANC Chancellor New Officers Installed By K. C. Council MONDAY, JULY 13, 1964, Lake Chorles American Press Dave Trahan was installed as grand knight of Cnlcasiou Council No, 1207, Knights of Columbus, at the council's regular monthly meeting Monday night in the council hall. Other officers installed include Edward J. Strenk, deputy grand knight; Dalton LeBlanc, chancellor; Charles Murphy, recording secretary; Rt, Rev. Msgr. l.i. 11. Boudreailx, chaplain; Truman Staccy, warden; Pat Broussard, financial sccrelary; and Ray Fuljenz, advocate. Also, Leo Daspit, treasurer; Wesley Ardoin, Lloyd Bordelon and Harry Reed, trustees; Vincent Lupo and Eddie Daigle, guards, and the Rev. Angelo Gremaldi, religious aclivi ties chairman. Ivy Mcaux, dislrid, deputy, and Jules Snallc, dislrid warden, presided at Hie Installation ceremonies. j Burglar Gets I $2.50 For Effort A nickel robber got exactly I $2.50 for his effort after break> ing into a soft drink machine ;at the Esso station at Hodges ! and Division Streets some (imp Monday night or early t h i s morning. Capt. J. E. (Pete) Stout said i tin; sofi drink cash box was pried loose and the contents lak- en. Detective Brooks Hamilton I is Investigating the breakin. Soft Whiskey feels the way you always hoped whiskey was going to feel. But never did. on electric L bills heavy on cooling power ulKUNuinstXtJon riedrich room air conditioners Trained Experts JK PROOF • BLEMDED WHISKEY • «<;;. GRAIN MJ, i KAL iHKI i s i,; -M CALVLR i UIST. co., LOUISVILLE, KY? WE TAKE TRADE-INS NO MUM.V U<WV IP li) 36 MOMllS lo I'AY I.'. 1J1H 1 1UM W.-US 10 HV\N< I KRAUSE & MANAGAN, INC. Jeff Davis Co-Op | Two Shots Elects Directors Said Fired CHARLES MURPHY Secretary Warmer Weather Forecast i 1 By THE ASSOCIATED PRESS; , The weatherman predicted j partly cloudy skies with somei , thunderstorms for Louisiana to-j ; day. with temperatures possibly ! 1 easing upward a bit. I Cloud cover over most of the j state held thermometers down ! Monday. Highs ranged from 88 , at Shreveport to 82 in Lafayette. | Early morning lows got down i to 63 at Alexandria. i I Other morning lows: Baton! '.Rouge 70, Lafayette 69, Lake ! Charles 68, Monroe 6(5, New Or-1 i leans 71, Shreveport 67. I JENNINGS (Spl.) - Election of five directors on the governing board and a $40,000 rate reduction to member-owners highlighted the annual stockholders' meeting of Jefferson Davis Electric Cooperative here Monday. Joseph L. Tupper of Elton was re-named president in a special meeting of directors following the stockholder meeting in the Jennings High School. Directors re-elected for two- year terms by tie members were Tupper, E. C. Todd, Welsh; R. 0. Hackett, Bell City; Gus H Laurents, Gueydan; and J, W, Doxey, Cameron. Doxey was also named second vice president of the board with Ralph Potter Lake Arthur, as first vice-president. Manager J. S. Robblns said the new rate reduction, reducing the minimum rate from $1.50 to $1.10 for 20 kilowatt-hours, becomes effective September 1. The rate reduction also offers benefits to larger "consumers who obtained a farm and home reduction last year in the amount of $38,000. "These reductions are in accord with the policy of our board of directors to provide the very best rural service at the lowest possible cost," Robblns said. In welcoming the approximately 600 members and friends of the cooperative, Tupper said the commercial power companies' bill in the legislature to place the cooperatives entirely under the Public Service Commission was punitive in nature and was "designed to destroy the electric cooperatives." "Rural people of this state certainly owe a debt of gratitude to Governor McKeifhen for vetoing the power companies' legislation," Tupper said. Secretary - Treasurer C M David reported the co-op to be a $4,275,299 business owned by 4,293 members living on 1,044 miles of rural lines located At Guard -- • —• ••• »«iivi.i iu^.ciic;vi HI Jeff Davis, Cameron, Vermilion and Calcasieu Parishes plus few In Allen Parish. 93 Voters Cast Absentee Ballots A total of 93 absentee ballots have been cast in the July 25 Democratic primary elec tion. Acton Hlllebrandt. clerk of court for Calcasieu Parish, said today. Absentee voting continues until 5 p.m., Friday when the deadline for voting is reached. Two shots were reported firetl j at a Pendlelon Detective Agen- 'cy guard at the strike-bound Continental Oil Co. tank farm in West Lake, shortly before midnight Monday, Sheriff Henry A Reid Jr. said today. According to the investigation, guard Joe DiGiovanni a | said two shots were fired at him i about 11:30 p.m. DiGiovanni was ! about 200 yards north of the j railroad tracks in the tank farm ! at the time, according to the | report. ! The shots were believed to 1 have come from south of U.S. 90, and were believed to be rifle shots, according to he report. Sheriff Reid said the investigation was continuing. The Continental plant has been struck by members of Teamsters Local 663 since early in •June. Like Money From Heaven . . . Get Gash For REFINANCING CAR NOTES VACATIONS MEDICAL BILLS 1'ay All Your Bills With One Friendly Loan. 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