Logansport Pharos-Tribune from Logansport, Indiana on December 17, 1961 · Page 25
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Logansport Pharos-Tribune from Logansport, Indiana · Page 25

Logansport, Indiana
Issue Date:
Sunday, December 17, 1961
Page 25
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SUNDAY, DECEMBER 17,1961 THE PHAEOS-TOIBUNE and LOGANSPORT PRESS, LOGANSPORT,- INDIANA Washington Township Christmas Program Planned On Tuesday The annual Washington town-ship PTO Christmas program will be held Tuesday evening, Dec. 19, in the gymnasium. Each of the elementary grades will participate with a number of vocal selections about Christmas to go along with the Christmas story. Director for YM Schedule OF The Week Monday—6:00 High School'Bas- ketball League-High School; 6:30 Longfellow Gra-Y Club^-YMCA; 7:30 Jr. Hi-Y'Club-YMCA. Tuesday—4:00 Beginner I Swim Class—High School; 4:30 Intermediate Swim Class—High School; 7:00 Alpha Hi-Y- Club - High Uie <^linaimao OLUIJ, Ajiit^tvi iuj. , i ~ the program is Mr. Robert Gep-lSchool; 7:00 Betta &-Y Cub, , r fc TTTtrfrM . v.nn n.i mm t Ui_V_ hart. Friday, Dec. 22, the high school ?fd junior high will participate in their gift exchange. Immediately following the gift exchange, the student council will sponsor a Christmas program. The speaker for this program will be the Rev. Robert Hankins, pastor of the Blue Ball Christian church. After the program has concluded, refreshments will be served by the student council and faculty. Then, the student body will leave for a ten-day .vacation, before returning to school Jan. 2. Reporter, Jim Raikes Teen-Agers Fined In Local JP Court Four teenage motorists paid fines in the. Justice of the Peace court of Don Freehafer, Ronnie Binney, 16, of 105 Lux St. and Paul Little, 17, of 969 S. Cicott St., arrested Monday by State Trooper Richard Keyes for drag racing, were fined $5 and costs and their right to drive was suspended for 60 days. Joseph Gibson, 18, Kokomo, arrested Friday by Keyes for speeding, was fined ?!, and costs. Marvin Tom, 16, rural route 1, Francesville, arrested Saturday, Dec. 9 by State Trooper Glen Hosier on a reckless driving charge, was fined $1 and costs. YMCA; 7:00 Gamma Hi-Y— YMCA; 7:30 Delta Hi-Y Club- YMCA. Wednesday—6:00 Mohawk Indian Guide Tribe — Kellogg's House. Thursday—4:00. Advanced Swim Class—High School; 4:30 Beginner H Swim Class-High School. Friday—6:30 Tipton Gra-Y Club -YMCA. Saturday—No Gym or swim due to the schools, being closed for Christmas vacation. 1:00 Movie Program—YMCA; 1:30 Craft Program—YMCA; 8:30 Franklin Gra- Y-YMCA, SfocbS/iow Consol/dofion NEW YORK (AP)'.- The,stock market last week went through its fourth straight week of a kind of. consolidation, movement, disclosing some ..great strength 734.91, thanks to continued gains by some heavily weighted'pivotal stocks, the overall list showed many more losers than gainers. A "correction" was obvkously overdue. sey) and U.S. steel, recovered slightly. General Motors was off onlyVs- The. market seemed to be squared away for the final week /ciuue. ,- ^ It came 'Thursday w hen, the,of 1961 trading,/usually a week of a rt»f « , whnl, took a share turbulence but, of.generally, high- « 1.11 T • a«=^y 1VJ •among blue chips, but el ™ng-- a | ara j.(i 0 o s ' bit lower on the over-all average, ° market as a whole took a sharp drop and the averages showed a steep loss. But chips and ."cats- • Business and economic news was very good. The index of industrial production, was reported at'a record high in. November. The outlook continued, good for 1962, according to many experts. The stock-market reflected this by continuing a rally among the top quality blue'chips which began on the last session of the previous week. Tremendous investment strength was shown by the advance of these highly-capitalized issues—the "biggest" stocks on the big board. But as the week progressed, these blue chips had less and less support from the rest of the stock list, The market began to look very topheavy. By Wednesday, even as the ever. Friday, although tha.list-was i, bit lower statistically, such jeavyweights as American- Telephone, Standard Oil, (New Jer- Services Set For Mrs. Merle Halderman Funeral services for Mrs. Merle S. Halderman, 73, of 315 Sixteenth st, will be-at 1:30 p.m. Monday at the McCloskey-Hamilton-Kahle funeral home. She died Friday morning after a short illness. She was preceded in death by her.husband, Verne H. Halderman. Special services will be held by the Mothers of World War II at.. 7:30 p.m. Sunday and .the Ladies auxiliary of Brotherhood of Railway Trainmen No. 254 will hold services Sunday at 7 p.m. Final Rites Set For Winamac Native WINAMAC - Final rites for Cecil M: Frain, 81, a.native of Winamac who died at Elberon New Jersey Thursday, -will be held-Sunday afternoon at 2 p.m at the Fry and Lange funera home, here. •He was born May 11, 1880 in Winamac to Edwin and Ida Hartman Frain. In New Jersey he was associat ed with the Ashbury Bridge ant Iron works. He was a member of the Winamac Christian church and a 50-year member of. the Masonic lodge. Coupon Specials MOKDAY-TUBDAY-WEDNESBAY COUPON 3 PIECE PLASTIC MIXING BOWL SET 3!/4 qt.-2!/4 qt. r/4qt. REGULAR 98c 440 WITH COU'PON- Coupon good Dec. 18—19—20. Limit one coupon per family No phone orders or deliveries with coupon item. COUPON UNBREAKABU PLAY TRUCK WITH COUTON- Simiiar to illustration REG. SI. 00 400 Coupon good Dec. il 8,19-20. Limit one coupon per family. No phone orders or deliveries with coupon item. COUPON PLAY-DOH Modeling Compound 4 CANS TO PACKAGE (Assorted Colors) REGULAR $1.00 PKG. Coupon good Dec. 18, 19, 20. limit one coupon per family. No phone orders or deliveries with coupon item. ACE RDWARE Mon., Til 5 p, m. Tues. and Wed. Nights 'til 9 p. m. alike retreated, a one-day 'affair, how- er pnces.- The investment community was shocked .during the week by the. resignation of Edward T. Mc- Cormicfc ..as president, of the American Stock. Exchange. Irregularities- on this exchange have been one'of. the conspicuous rea- sons for the current investigation of the entire security market.by the Securities & Exchange Commission. An odd footnote, to McCormick's resignation was the plight of one of'the stocks traded .on this exchange, ^Gulf American Land. Because of its.huge previous.-price rise, .the action of the stock is being investigated by the,'exchange •and the SEC. During the week it fell 2054-points to 32%v' The big feature of the New York Stock Exchange week, was PAGE TWENTY-FIVE;, acted the. same as the two pre-" vious weeks, starting with lower prices and showing a firming trend in the final-two sessions.!.: Corporates - traded on • the New York Stock Exchange suffered another substantial -setback —. equal to the previous week's as measured """" the admission to trading of the two Unilever issues, representing the big international combination. The total volume of these stocks was 1,845,900 shares.- Total volume for the big board was 21,990,435 shares compared with 21,010,850 the 'week before. ._ . . . The Dow Jones industrial aver- ured by the "Associated itOT age this week rose 1.17 to 729.40. average of 60 issues. The only 'The Associated Press average]steeper loss of the year by this of 60 stocks declined .50 to 264.60. yardstick was during the 'week oj Press Bond prices retreated during June .5-9. .Volume-totaled |35,495> the week for- the third straight 000 par value compared with $35,- tyeek. U.S. government bonds re-i899;000 the .previous week., ' '•' OPEN NIGHTS 'Tit 9p.m. 709E.BWOADWAY SHOP EARLY FORM TWO DOUBLE HOLIDAYS ORDER YOUR HOMDAY POULTRY NOW! QUANTITY RIGHTS RESBRIVH) * * * FOOD STORES Order Your Holiday Poultry NOW! Vv> 18 TO 22 IB. AVG. * U. S. Govr. Grade "A" * Young, Tender YOUNG™ 10to12lb,Avg. TURKEYS IB. Select your Holiday Poultry now at your Standard Food Store. Choose from the pick of the crop—tender, plump, broad breasted Turkeys. And your selection is guaranteed to be the best Turkey you've ever tasted or your money back! ^ Ice Cream and Cottage Cheese Prices effective thru Wednesday, December 20th, only NO COUPONS NEEDED TOP TREAT GAUCN cmm DEAN'S OR RATS Cheese SMAU OR LAR'GE CURD IB. OTN. HEW CROP NUTS IB. 49c "KKWWlCWtaKg * ' * £ v ! 303 Cans wuHcr IB. IB. LB. " SAtfCf PARTY &ACK 32 oz. Jar" ">i»t>i>iJ5 { » •: V 50 FREE BONUS STAMPS WITH THIS COUPON BONC/S COUPON FREE HOLDEN RED STAMPS With Th is /Coupon and a $5.00 or Mora iFood ?ur:hase. COUPON GOOD MONDAY, TUES1JAY AND WEDNESDAY DEC. 18—19—JOth

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