Hartford Courant from Hartford, Connecticut • 27

THE HARTFORD COURANT: Saturday. September 12, 1970 27 Aliy ah Director Ralph Hart to Retire As Heublein Chairman Can Firm To Dedicate New Offices Civil, Military Police liaily Investor' Too Much Cash Seen as Problem 1 BV CHARLES J. EUA QUESTION: My daughter's re cent marriage cut our yearly u. v. 4 ff "fy i expenses by about 14,000, whicn tunas tnose mai aoni cnarge: Americans Can Cos.

$20 mil-will aggravate our cash prob-, the buyer a commission or sales iion compiex will be formally lem. We are eight years away charge. But in the no-load funds opened at tne ceremonies. The 1W rUlLll llic lunu tan uc uucicu iu a purchaser, This is true even on no-load me quesiion Decomes acaaemic because the asked price IS identical with the 'bid" price. Your fund is a load fund, meaning it places a charge the sale, in your case, tnat charge was 8 per cent of the luidi diuuuiii juu yui uy.

The way it works is this: On the day you placed your order 1 Visiting Center The director of the Aliyah Office in Boston will be at the Hartford Jewish Community Center Sunday to discuss visiting and working in Israel. Wagner will be at the center, located at 335 Bloomfield West Haft-ford, from noon to 6 p.m. With him will be Eli Alon, who will be replacing him as director of the New England Aliyah Office. The men will also meet with the newly organized Aliyah Group at the center at 8 p.m. that same day.

Aliyah Groups are organizations whose members are thinking of settling in Israel within a year. The group meeting at the Jewish Community Center has about 50 members and has been meeting for several weeks. The group deals with the problems adjustment, work and others that come with settling in a new trom college expenses tor two, omer cnimren. ine omy maeoi-edness we have is an $11,000 mortgage balance. Income from rental units, salary, and other income, including dividends from common stock (present market value down 75 per cent to $16,000) brings up about $26,000 yearly, We have nearly $20,000 in sav-; me iuna naa a net assei vaiue Feinberg said, "because this ings banks and a $1,500 per share of $6.46.

This was worit wjde corporation gave us money account. computed by the fund at the end our first breakthrough in the I feel we have too much cash of the day on the basis of the! campaign to bring corporate of-savings, and yet next year at closing value of all the stocks (fjces mt0 Connecticut from the this time thev will have crown 'and other securities it held in its I MetroDolitan New York area. Ralph A. Hart, chairman of Heublein, will retire from that jwst in October, but will 'continue to serve as a consultant to the rapidly expanding food and beverage company. Hart, 66, will stand for re-election to the board at the Heublein annual shareholders meeting October 15.

He has been a board member since 1961. Hart joined Heublein in June I9bi as president and was named chief executive officer three years later. In October, 1966 he was elected chairman and chief executive officer. He relinquished the duties of the latter office in March, 1968, continuing as chairman. When Hart joined Heublein, the company's annual sales to- totaled $100 million.

He soon an nounced a goal of a half-billion dollars in sales to be reached in 10 years. His goal seemed awesome at the time, but it was exceeded in 1969, two years ahead of schedule. Sales for fiscal 1970 were more than $583 million. Prior to' joining Heublein, Hart served for nearly 30 years in various executive capacities with Colgate Palmolive Company. In 1S55, he was elected president of Colgate Palmolive International and two years later was elected executive vice president of the parent Colgate -Palmolive Co.

Hart's extensive a business experience prior to joining Heublein was a major factor in expanding the company's international activities. He was also instrumental in two major domestic acquisitions for Heublein Theodore Hamm Brewing in 1966 and United Vintners, in 1969. Recalling' his search in the i portfolio, its cash reserves launched the effort in order other assets. When you placed your order ltjnomic base away from defense Arab Commandos Bid For Power in Jordan City's Oldest.TV Station Up for Sale; No Bids, Yet Airliners can be recruited and trained. Nixon, whose statement was applauded in advance by both Republican and Democratic leaders of Congress, said: "Piracy is not a new challenge for the community of nations.

Most countries, including the United States, found effective means of dealing with piracy on the high seas a century and a half ago. We can and we will deal effectively with piracy in the skies today." New Equipment The airlines' share of financing the new effort spurred by dramatic jetliner takeovers by Palestinian guerrillas will in volve purchase of electronic instruments designed to detect weapons or explosives as they are carried through boarding gates in passengers' clothing or luggage. The air carriers also will hire the people to operate this equipment, and they will provide seats for, the government guards. The federal government will finance the guard force, as well as pay the salaries of U.S. marshals and customs officials empowered to arrest suspected hijackers.

Tax Increase The govvernment hopes to recoup the outlays by increasing taxes levied against passengers. Nixon will soon ask Congress for what was described as "a very small increase" in the 8 per cent excise tax in tickets for domestic flights. He will also seek with apparent bipartisan support an increase in the $3 "head tax" now imposed on passengers taking overseas flights. WASHINGTON (AP) Nine years ago, after a rash of plane hijackings, the Federal Aviation Administration quietly trained some of its inspectors as sky marshals. They've been on the trail ever since, but they've never encountered a skyjacker.

An FAA official said Friday he assumes the sky marshals will form the cadre for training the large numbers of guards who will be required under pres ident Nixon new order. Train in Texas Since 1962, the FAA has sent its inspectors to the Border Patrol Academy at Port Isabel, near the southeast tip of Texas, for training in handling firearms and in unarmed self defense. "We can't discuss the num bers or the locations of these people," the FAA official said. "They are FAA employes, regu lar safety inspectors, who are trained to be police officers as collateral duty." The inspectors then are deputized as U.S. marshals by the Justice Department.

FAA Duties "They've been used all along," the official said, "but they've never encountered a hi jacker in flight. The course at the Border Pa trol Academy lasts two weeks. The inspectors return yearly for refresher courses. They are trained in such things as judo, in how to make arrests. Primarily their job is to check on the performance of pilots and aircraft.

The guard work is an added duty. News, City Editors Named by Advocate STAMFORD (A Fred W. Willis III has been named news editor and Mrs. Marion W. Campbell city editor of the Stamford Advocate, Managing Editor Roland Blais announced Friday.

Willis has been a member of the Advocate sports staff since 1961 and sports editor since 1964. by $7,000 more. Into what should we invest our surplus? I'm 40, my husband is 49. ANSWER: I'm sure a lot of people would like to share your kind of aggravation. I'm also sure you've put a lot of effort and good management into reaching the point where cash is a problem, and you're to be con-' gratulated for looking for ways of handling it.

If there is one thing in your situation that sticks out like a sore thumb, it's the experience you've had in making your own stock investments. Even with the market slump we've had, losing 75 per cent in paper value on your investment has to bei considered a terrible perform ance. In that sense, you've been aoumy tortunate in navine -so much of your cash lying "idle" in savings accounts. Those accounts have preserved this part of your capital at least, as well as earning interest. You could do a lot better with professional management your holdings in the stock market.

I'd suggest mutual funds in your case. There is a large number from which to choose, and.you can find one or two that would fit whatever degree of risk you wish to assume in your search for long-term capital gain. Funds are an excellent vehicle for the kind of regular, periodic investment your cash flow seerris to call for. Before you move any great amount out of savings, however, determine just how much of a cushion you're comfortable with for emergencies. Most family advisers recommend that available savings approximate six months' to a year's income.

You also 'should discuss with a tax accountant ways to lower your tax bill, possible through annual gifts to your children in a form that would yield them enough for their education when the time comes. QUESTION: I've just invested $3,000 in a mutual fund. I was surprised to see the cost for each share was $7.08. The bid hasn't been that high for some time. I questioned this and was told the "asked" price is what I pay.

Is this correct? Why? ANSWER: You've been correctly informed. The "asked" price is what you pay when you buy a mutual fund. Why? Because that is the only price at was filled at that net asset value PLUS a charge of BSA per cent. The fund sales agent simply took $262.50 out of your $3,000 and gave you -as many shares at $6.46 as the remaining $2,737.50 would buy. (Mr.

Elia will answer representative questions of general interest in his column. He cannot accept phone queries.) (Copyright 1970, by United Feature Syndicate, Inc.) Emhart Faces Strike Monday The Emhart Hartford area plants face a strike Monday if the company cannot settle contract disputes with Local 376 of the United Auto Workers by midnirht tonight. Some 225 workers have voted to strike the glassmaking-mach-inery division of the hardware and machinery producing com pany if negotiations which be' gan July 12 are still deadlocked by the contract expiration at Issues involved are said to in clude loss of overtime hours through sub-contracting, cost-of-living raises, holiday and va cation benefits and insurance and pension programs. The Hartford Division's Bar tholomew Avenue plant, Bloom- field plant and job shop would be affected by the strike. Treasury Balance WASHINGTON (AP) Treasury nee: ,422,54,47..

bal- Foreign Exchange NEW YORK (AP) Foreign change In dollars and decimals of a lar. Canada In NY free .9855 Britain pound 2.3850 2.3840 Australia dollar 1.1130 1.1131 Austria schilling .0389 .038 Belgium franc .020155 Denmark krone .133350 .1334 France franc .1813 .1813 Holland guilder .2779 .277 Italy lira .001599 .00158 Norway krone .1400 .1400 Portugal escudo .0351 .0351 Sweden krona .1920 .1920 Switzerland franc free .2324 Ex-dol- West Germany deutschemark .2755 .2755 Boston Egg Ileport BOSTON (AP) Jobbing prices wholesale prices In parentheses: Eggs iumbo white 59; brown 59. Extra large white, 53; brown 53. Large white, 49; brown, 51. Medium white 38 (37); brown 4i with (41).

Pullets white 19 (18); brown 19 (18). The first major corporate headquarters which the Devel- 'opment Commission relocated from New York City to Connecticut will dedicate its new offices c.inrjau facilities will initially employ 1 linn twinTo It was the Development Com mission's first major corporate 0ffice relocation a special campaign launched four years 'ag0 acCording to Mark Fein- berg, CDC managing director. "We have a very special re gard for American Can Co. to help diversify the state's eco- production and open up new job opportunities for Connecticut growing population," he said. The announcement by American Can four years ago has been followed by some 40 other top firms that they are relocating executive offices into Connecticut," Feinberg disclosed.

Included in administrative relocations to Connecticut, according to Feinberg, are IBM, Xerox, Uniroyal, Olin, Avco, Schweppes, Armstrong Rubber, Stauffer Chemical and American Thread. Located in New York City for more than 60 years, American Can management decided to consolidate several of its divisions and faced the necessity of increasing its number of employees as well as its amount of operating space. When the Development Commission first began working confidentially with the company, more than 100 possible locations were being considered from New Jersey to Connecticut. After many months of intensive study, the management made its choice: 145 acres in Greenwich triangle, an area bordered on two sides by New York State and on the third by Route 1-87. Guests are Sunday's ceremonies will have an opportunity to view portions of this ultra-modern facility, its three floors de voting nearly 600,000 square feet to office and service areas, and its underground garage for some 1,700 cars.

But it will be for the people of Greenwich and the State of Connecticut, to ex perience the lasting impact of American Can, with its 1,800 employees and annual payroll of $27 million. Penn Central Yields to Wishes Of Commuters NEW HAVEN (A Penn Central commuters have won at least a partial victory in their campaign to keep trains running that are most conven-nient for them. The Connecticut Department of Transportation said' Fridav the railroad has agreed to run a train which is nearly identical in scheduling to the nresent Bankers' Express. Commuters have contended that riders from this area would get poorer, rather than rvttpl sprviro uhon a now vnno system is started on the railroad's New Haven Division Sept. 21.

They were particularly critical of plans to make changes on the Bankers' Express which leaves New Haven at 8:01 a.m. and arrives at Grand Central 'Station at 9:27 a.m., and the Merchant s' Limited, which leaves Grand Central at 5 p.m. and arrives in New Haven at 6:20 p.m. Samuel Kanell, deputy director of the Transportation Department, said Friday that the I railroad has agreed to run a train which will leave New at 8 a.m. and arrive at Grand Central at 9:29 a.m.

three minutes more than the 1 running time of the Express. RALPH, A. HART 1960's for a man who could lead Heublein through a new phase of growth, John G. Martin; a for mer president and chief executive officer, and now chairman of its executive committee, said: "Naturally, we wanted a man of the very highest qualifia-tions a man with vision, energy, experience and dedication. Luckily, we found him in Ralph Hart.

He brought this company to a new and higher plateau from which we are building for tomorrow." Hart, a native of Boise, Idaho, currently serves as a director of several other companies, including Allis Chalmers, Economics Laboratory, The Emhart Corporation, Connecticut Bank Trust Connecticut Mutual Life Insurance International Distillers and Vintners of London, England and Destilby, S.A., of Mexico. employes also were laid off in an attempt to reduce operating expenses. Cyr estimates the station operates at a monthly loss of some $65,000. On a more optimistic note, he announced the increase in color broadcasting for the fall. At present only one hour of programming is done in color each night; this season there will be 4V4 hours of color viewing every night.

The color programs already were owned by the, station, Cyr, explained. St. Francis Staff Gains 31 LPNs There are 31 new licensed practical on the staff of St. Francis Hospital. They are from the class of 37 LPNs who graduated "this week from the training program conducted jointly by the State Department of Education and the hospital.

The one-year course provides four months of classroom instruction at the Albert I. Prince Technical School and eight months of clinical training in a hospital. The 37 graduates are: Bennie Bostick, Kathleen De-laney, Maureen DePasquale, Martha Lombardi, Karen Ned-do, Sue Orlando, Anita Pelletier, Toni Plenzio, Donna Raymond, Shirley Roarke and Robert Zimmerman, all of Hartford. Also: Mary Acqua, Elizabeth Claflin, Leah Dumez, Catherine Duffy, Sharon Larkin, Ruthalice Rice and Marilyn Smith, all of East Hartford; Veronica Cote, Linda Quinn and Judith Lessor of West Hartford; Alfred Fors-ter and Mary Jane Fiorillo of Bloomfield; Donna DiMauro of Newington and Laura Thompson of Unionville. Also: Linda Rhodes of Weth-ersfield; Francine Sperre of Simsbury; Melissa Gilbert of Windsor Locks; Mancy Cunningham and Sister Patricia Marie of Enfield; and Winifred Hag of East Hartland.

Also: Marilyn Binette, Annie Burnette and Julie Kearns of Manchester; Jeanne Malley of Thompsonyille; Patricia Cahill and Charlotte Rawls of HI To Protect WASHINGTON (AP) President Nixon ordered armed government guards aboard U.S.-based airlines Friday under an antihijacking program that will be financed by the taxpayers and the airlines. In a special Nixon said that "specially trained, armed United States government personnel" will begin flying the airlines Saturday. At the same time, air carriers will be urged to make wider use of electronic gear and surveillance techniques designed to keep potential air pirates off scheduled flights. 4,000 Man Force Initially the force of about 4,000 sky marshals will be re cruited mainly irom various federal police agencies, notably those of the Treasury Department, and supplemented by mil itary policemen, shore patrol men, and air police, until a per manent cadre of civilian guards planes. These missiles are be lieved manned by Egyptians.

The military command in Tel Aviv said the Israeli complaint was based on information re ceived Thursday. It was submitted to the U.N. Truce Supervision Organization in Jerusalem. The Israelis also charged that construction and preparation of missile sites is continuing in the standstill area. Israel has complained of 13 al leged violations since the cease-fire and military stand still went into effect five weeks ago.

TEL AVIV (AP) Some Is- ralis are saying that Moshe Dayan has in effect become ac me premier. It seems certain that the defense minister has emerged stronger than ever from recent decision-making. One influential newspaper says the patch-eyed minister is dictating foreign policy to a large extent, as well as defense policy. He has threatened his resignation to fight for his views and some people are con vinced Golda Meir's Cabinet would fall if Dayan left it. At the same time, available infor mation indicates Jhat the pre mier has grown to have increas ing confidence in Dayan judgment on security matters.

It was at Dayan's insistence that Israel suspended its participation in the indirect peace talks with Egypt and Jordan. Dayan Won According to many sources, Dayan last week forced his will on the majority of the Cabinet over the issue of the Egyptian missiles and the resumption of the talks at the United Nations. He was the first Cabinet minister to charge Cairo with violating the standstill. Furthermore, he has consistently held that the United States, guarantor- and sponsor of the plan, must right the situation. Mrs.

Meir supported her defense minister's stand and "after intense arguments" the deci sion not to participate in the talks was adopted, the sources said. -Thus the talks have been aban doned by Israel until the alleged new missile sites are removed or a new standstill agreement is reached. Haaretz, an influential newspaper often critical of the gov ernment, said this was the fourth time in the last month that Dayan had applied his "fantastic talent" for twisting the government's arm to his will. Three Chargers luxury sports Coronet will By THE ASSOCIATED PRESS A fragile peace pact between Arab guerrillas and Jordan's government seemed imperiled Friday by commando demands for a new "national authority" to run the country. In a broadcast heard through out the Arab world, the guerrilla leadership called for forma tion of a national authority "representing the forces of the people to run the country and purge antiguerrilla elements from the army, the state and police." The demands were beamed over a radio station in Baghdad, Iraq, which speaks for the over-all guerrilla command, the Central Committee of the Pales tine Liberation The Central Committee did not specify whether the authority meant formation of a new JLt said this body should pull Jordan armed forces out of the cities and redeploy them along the cease-fire line with Israel.

Hussein Accused The guerrillas have accused King Hussein of pulling most of his army from the fighting fronts and posting them around Amman and other Jordanian towns since his regime accepted the American-sponsored ceasefire Aug. 7. The Baghdad broadcast said the guerrillas' new demands must be met, if the latest peace pact reached Thursday between the commandos and Hussem government is to survive. Missile Charges In another Mideast develop ment, Israel charged that Egypt has now moved Soviet SAM3 missiles into the military stand still zone west of the Suez Ca nal. The SAM3s are believed manned by Soviet crews.

The missiles are designed to home in on low-flying aircraft. They would complement the SAM2s, already in the canal zone, which strike at high-flying Rabbi Appointed To Windsor Post A former Air Force Chaplain has been appointed the new rab bi of Congregation Beth Ahcn, 362 Palisado Ave. in Windsor. Rabbi Gerald Kaplan has been serving as chaplain for Jewish personnel at the Mal- stron Air Force Base, and had served congregations in Montana and Minnesota. Rabbi Kaplan is married and the father of three children.

Dodge Charger for 1971 L-m liji iium 1 has By PATRICIA STEWART Channel 18, Hartford's first television station when it started broadcasting here 16 years ago, is up for sale. The decision to sell, made in July by WHCT owner RKO Gen eral was based on the failure of the Federal Communications Commission to grant RKO's application for a power increase. The application, filed -more than two years ago, sought to increase power from 186,000 watts to 5 million watts. RKO has contended that Channel 18's present wattage the lowest Ultra High Frequency outlet in the country nuts the station in an unfair competive position with otner stations in the area. Both RKO and Channel 18 spokesmen Friday attributed the FCC's delay in acting on the application to pressure from Channel 30, which had filed petitions against the proposed power increase.

Channel 18 Station Manager George Cyr said he felt the increase would have been approved if Channel 30 had not objected. An RKO spokesman in New York said there would be "a heck of a good market" in the Hartford area if the petition were granted. The executive claimed a prospective buyer would have no trouble getting the power increase approved if the firm did not own other stations in the New York or Boston areas. RKO owns stations in both cities. A "lot of interest" has been shown in the purchase of Channel 18, he said, but there have been no definite offers as yet.

Any speculation that RKO now intends to take Channel 18 off the air is untrue, the spokesman added. The station will continue to operate, he said. In line with RKO's decision, the station is cutting back on personnel and air time. Eleven staff members have been re leased in recent months, says Cyr, and a revised broadcasting schedule will go into effect Sept. 28.

Daytime weekend program ming will be eliminated and broadcasting will begin at 4:30 p.m. Saturdays and 5:30 p.m. Sundays. Two years ago, the station cut weekday broadcasting to the present 4 p.m. to midnight schedule.

At that time, some 17 New England's jirst "just for single people" apartment MODEL APARTMENTS OPEN Weekdays p.m., 4 7 p.m. Saturdays 11 5 p.m. Sundays 1-5 p.m. or by appointment For a hard hat tour Call 525-9301 or 278-8250 Singles Activities Directed By FORVM THE 40 HARTfORD, CONNECTICUT thru 50 Willard Street iiiiiniinpiiiiiii in i HiiiiiiiiinnrinnriB mini Sunday in The Courant (ids on Cops More than 400 high school freshmen were surveyed on their attitudes toward police in the Greater Hartford area. Their replies give food for thought to young and old.

A report in SUNDAY with The Sunday Courant be produced in 4-door sedans and station wagons only while the Charger will be built only in hardtop and coupe models. In addition to separate sheet metal, the size of each will vary. The Coronet will be built on a 118-inch wheelbase while the Charger will be on a 115-inch wheelbase. Engines run the gamut from a six cylinder 225 cu. in.

slant six to a 426 Hemi. styling, a close-coupled 115-inch wheelbase, and lower price level. Six models are offered. Shown from the left are Charger 500, Charger S.E. and Charger Super Bee.

Coronet and Charger, which in the past have shared the Dodge intermediate segment of the market place, will now hold their own in two separate categories. The I.