Lebanon Daily News from Lebanon, Pennsylvania • Page 2

Mty NMS, Monday, Jww 0,1177 Obituaries Anthony Q. Captllo Anthony G. (Tony) Capello, husband of Margaret Small Capello, Pensacola, died recently in St. Joseph's Hospital, Pensacola. He was 57 and had been in poor health for the past 18 months.

A former resident of Lebanon, he was a son of the late Samuel and Elsie Capello. He moved to Florida nine years ago. A veteran of World War II, he had been employed at Ft. Indiantown Gap as a tractor trailer driverfor 20 years. In Florida he was employed by the Pensacola Navy Base as an airplane inspector.

He was a past commander of the Jonestown Amvets and was a lifetime member of the American Veterans Association. He was also a member of the Red Men's Gub and the Keystone Gun Club. He was a former member of the Valley Bowling League at K.B. Lanes in Palmyra. In addition to his widow, he is survived by sisters and brothers, Sylvia Chichi, Lebanon: John, Jonestown: James, Lebanon: Michael, Michigan and William, Lebanon and several nieces and nephews.

He was preceded in death by a sister, Elvira Nepi and a brother, Charles. Gusaie Brior Gussie Brior, Evangelical Congregational Church Village, Myerstown, died yesterday in the Good Samaritan Hospital. She was 91. She was the widow of Adam R. Brior, who died in 1954.

Born in Phillipsburg, N.J., she was a daughter of the late William and Clara Daubert Thompson. She was a member of the First Evangelical Congregational Church of Easton. A resident of Easton, she became a resident of the home in November of 1974. She is survived by a son, Dr. Rollin H.

Brior, Northampton, Pa. and a sister, Arabella E. Rice, Ruth Tennant Ruth Tennant, formerly of Edlemans RD 3, Nazareth, died Saturday evening in the Monmouth Medical Center, Long Branch, N.J. She had been a resident of the Brookdale Nursing Home, Hazlet, N.J. for the last three years.

She was 69. A native of Lebanon, she was the widow of Phillip C. Tennant, who died in 1947. She had been a resident of Edlemans for 18 years. She worshipped in the Methodist faith.

She is survived by two stepsons, Phillip Tennant, Colorado and Roger Tennant, Florida; a sister, Sarah Boyer, and a brother, Guy Rank, both of Lebanon. Her parents were the late Alfred and Elizabeth Zellers Rank. Karen Hostetter Karen E. Moyer Hostetter, 21, wife of Daniel E. Hostetter, Lebanon RD 3, died unexpectedly Saturday evening in her home of a pulmonary embolism.

She had a congenital heart problem. Born in E. Hanover Lebanon County, to Samuel J. and Mildred Boyer Moyer, she had been employed by the Landis Shoe Co. until the birth of her daughter two months ago.

She was a member of the Ono United Methodist Church, where she served as organist, and the Ono Fire Co. Auxiliary. She was a 1973 graduate of Northern Lebanon High School. In addition to her husband, parents, and daughter Michelle Amy, Mrs. Hostetter is survived by a twin brother, Kenneth E.

Moyer, Annville RD sisters Jean, wife of Eugene Espenshade, Cleona; Joyce, wife of Marlin Good, Annville; and Joan, wife of Harold Sallada, Annville RD and her maternal grandmother, MaeBoyer.Ono, Marshall V. Moss Dies In Ambler Marshall V. Moss, 81, retired head of the No-Mend Hosiery died Wednesday in the Ambler Rest Center, Ambler, Pa. He lived at the Benson East, Jenkintown. Moss was well-known in Lebanon through his connection with the former No-Mend plant at Second and Weidman streets.

He was head of the company from 1920 until it was sold to the Berkshire Hosiery Co. in 19SS. He was graduated from Northeast High School in 1914 and from the Philadelphia Textile Institute with honors. He worked with various firms dyeing, selling, and manufacturing hosiery before joining No- Mend. During World War II he served on the Hosiery Advisory Committee of the War Production Board.

Moss lost two sons in the war a short time apart- Marshall Jr. in Germany on Jan. IS, 1945, and Chester T. on Iwo Jima on March 1945. He was a member of the board of trustees of the old Ninth Bank and Trust which merged with Philadelphia National Bank.

He was also a member of the Huntingdon Valley Country Club, the Philadelphia Chamber of Commerce, and Grace Presbyterian Church, Jenkintown. He was a member of the Philadelphia Rotary Club for 25 years. Surviving are his wife, Gladys Bonnell Tomson Moss, and a stepbrother, Charles C. Moss, Rydal, Pa. Robert E.

Dissinger Robert E. Dissinger, 43, 201 E. Cumberland died Saturday morning in the Good Samaritan Hospital after suffering a heart attack at home. Born in Lebanon, he was a son of the late Edwin and Minnie Himmelberger Dissinger. He was employed by the Bethlehem Steel Corp.

He attended Water Works United Methodist Church and was a member of the Hershey Roamers and Wandering Dutchmen camping clubs. Survivors include his wife, Lilly Hitz Dissinger, and four children, Barbara wife of Randy Wilt, Annville; Deborah Fay, wife of Douglas Kline, Myerstown; Robin Mae and Robert E. both at home; twin granddaughters, a brother, Russell Dissinger, Lebanon, and a sister, Dorothy Stick, Berlin, N.J. Earl M. Eckert Earl M.

Eckert, 48,512 N. 10th died Saturday morning in his home. He had been in ill health the past four months. Born in Lebanon to the late Earl E. and Anna A.

Schwab Eckert, he was employed as a warehouseman at Ft. Indiantown Gap. He was a member of the Lebanon Orioles and Eagles clubs, the Lebanon VFW, and St. Mary's Catholic Church. He served in Europe with the Army during World War II.

Surviving are the following children: Janet, wife of John Locklear, Lebanon; Gary Thomas and Stephen all of Lebanon; and grandsons John D. Locklear Jr. and Jeremy Todd Eckert. Ruth Ann Swoyer Ruth Ann Boyer Swoyer, 1014 Guilford died last evening in the Good Samaritan Hospital. She was 35 and had been in failing health for the past six months.

She was last employed by the Di-Anne Underwear Co. She is survived by her husband, Herman J. Swoyer. Beauty and Care Within Your Reach! 2 Spacoi 4 Spacet Garden Section 200 360 Monument Section '150 PERPETUAL CARE INCLUDED Other Comparably Prktd NO SALESMAN WILL CALL Call 273-1152, Ask For Superintendent MT. LEBANON CEMETERY ASSOCIATION JJ3 MAPI! IIIANOM John J.

Barr John J. Barr, husband of Verna Dinger BAIT, 121 W. Market Jonestown, died unexpectedly this morning at his residence. He was 57. Born in Valley View, he was a son of the late Howard and Amy Schaeffer Barr.

He was retired from the Lebanon VA after serving 31 years as an orderly. He was employed as an aide at Spang Crest. A veteran of World War II, be served as a staff sergeant in the European theatre. He was a member of American Legion Post, Jonestown and be worshipped in the United Church of Christ faith. In addition to his widow, he is survived by a daughter, Amy, wife of Ronald Unger, Lebanon: two brothers, Robert Barr, Spring Glen, Pa.

and two sisters, Loretta, wife of Francis Spotts, New Philadelphia and Mollie Allen, Reading and two grandchildren. Anna P. Hemling Anna P. Hemling, 57, Denver, died early Sunday morning in the Ephrata Community Hospital after an illness of three weeks. She was the wife of Jacob S.

Hemling and had lived in Denver for the past 10 years. She was last employed by Barbara Ray Denver, which closed several years ago. She was a member of St. John's United Church of Christ, Denver. Among her survivors is a brother, Henry R.

Petery, Myerstown. Burglary Damage Set At $700 Damage in a burglary at Lebanon Catholic High School far exceeded the amount of money taken from the school it was reported this morning by Patrolman Robert Weinhold. The damage was estimated at $700 while cash totaling $90 was taken. It was one of two burglaries on police reports today. The school burglary occurred during the night.

Patrolman Weinhold said entrance to the school was forced and two doors and a number of locks were damaged. Entrance was made through a side door in the building after which the school office was entered. The investigation was listed as continuing. The other burglary was at the apartment of Diane Shindel, 850 N. 10th and it occurred between 8 a.m.

and 12:30 p.m. Sunday. Entrance was made through a window and a portable black and white TV set was taken, it was reported by Patrolman Harvey Hissner. The report also said charges will be filed but no other details were listed. Mary Ellen Deimler, 642 N.

Third reported to police Sunday that someone stole two hubcaps from her car parked at her home. Robert Eckert, 36 Maple St. reported that someone stoned and broke the windshield of his car parked in front of his home. The damage was listed at $100. Patrolman Robert R.

Snyder reported that he charged Arthur Whitcomb, 726 N. Seventh with disorderly conduct as the result of an incident at 820 N. Ninth St. Sunday morning. Lutherans Install Pastor The Rev.

Craig J. Dorward was installed as pastor of Zion Lutheran Church during a vespers service Sunday evening. Officiating was the Rev. Earl M. Zellers, Lutheran district dean and pastor of St.

Mark's Lutheran Church, Annville. The sermon was delivered by the Rev. Dr. Marlin C. Bottiger, assistant to the president of the Pennsylvania Synod of the Lutheran Church in America.

Music was provided by the senior choir. Pastor Dorward is a native of Reading and had at one time served the Jonestown parish. He is a graduate of Muhlenberg College and the Lutheran Seminary in Philadelphia, and has done graduate work in Union Theological Seminary, Yale Divinity School and the Philadelphia Seminary. He holds a Master of Divinity degree from the latter institution. Pastor Dorward, his wife Constance, and children John and Kristin were received as members of the church.

A dinner in honor of the new pastor and his family was served prior to the installation ceremony. FUNERALS John F. Schtll Services for John F. Schell, husband of Josephine B. Bargo Schell, Hershey RD1, were held this afternoon from the Boyer Funeral Home, Sbellsville.

Interment was in Grand View Memorial Park. The Rev. Donald W. Rummei, pastor of the Palmyra Church of the Brethren, officiated. Bearers were Robert Gesford, Larry Staley, Dave, Gene and Gary Schell and John Schell Jr.

Mabel K. Fields Services for Mabel Kreiser Fields, widow of LeRoy Fields, Lawn, were held this morning from the Rohland Funeral Home. Burial was in Ebenezer Cemetery. The Rev. James H.

Bailey, pastor of the Mountville United Methodist Church, officiated. Bearers were James and Thomas Fies, Sterling Kreiser, Medwin Noll, Wilbur Miller and Gene Kreiser. Charles Pike Services for Charles L. Pike, husband of Erma R. Matthew Pike, 247 S.

Fifth were held this morning in St. Mark's United Church of Christ. Officiating was the Rev. George Shultz Jr. Interment was in Mt Lebanon Cemetery with the following serving as pallbearers: Ray Sites, Jack Schropp, Ray Matthew, Claude Erby, Russell Brandt and Earl Pyles.

Willis R. Christman, funeral director, had charge of arrangements. On WALL STKET By THoauu W. Weik 17-Day Drought Ends Here Today Buffet On Inflation Last week's column noted recent declines in the stock market and focused on investors' fears of higher inflation and higher interest rates. The negative impact of inflation on investments has been widely discussed before, but never quite in the same light that Warren Buffett brings to bare.

In the May edition of Fortune, Buffett has written an article entitled "How Inflation Swindles the Equity Investor." Warren Buffett's exploits have been twice featured in this column during May. The reader will recall that Buffett, who studied under Benjamin Graham, turned a $110,000 investment partnership into $110,000,000 in little more than a decade. Buffett dissolved the partnership in 1969 and took his share $25,000,000 to gain controlling interests in a handful of corporations. These corporations in turn have substantial investments in some 30 other public corporations. Buffett has examined the return on equity for the Dow Jones Industrial Average corporations during a variety of economic circumstances.

During the 1946-1955 period the average return was 12.8 per cent. In the next decade it average 10.1 per cent and in the third post-war decade it average 10.9 per cent. Hit-Run Mishap Is Investigated City police are investigating a hit-and-run incident that occurred early Sunday morning at the residence of Samuel Mojica, 22 N. Twelfth and involved $500 damage to a 1968 model truck owned by Mojica. According to a report filed by Patrolman Gary Margut, the Mojica vehicle was struck at about 1:11 a.m.

Sunday by acar described by witnesses as a white, or light-colored, Chevy station wagon. One witness, William Wetzel, S34 Chapel told city police that a white station wagon was driving west on Cumberland Street at a high rate of speed and slammed into the parked Mojica vehicle. The suspect car then sped east along the railroad tracks to Willow Street. Wetzel said he then lost sight of the car. Other witnesses in the area were William Wolfe, 306 Cum- State Can't Mandate Death WASHINGTON (UPI) The Supreme Court ruled 5 to 4 today that a state may not make the death penalty mandatory for the murder of an on-duty police officer.

The five-page unsigned opinion came in a Louisiana case which has caused the justices problems from the start. Chief Justice Warren Burger and Justices Byron White, Harry Blackmun and William Rehnquist dissented. But the majority said the Louisiana law under which Harry Roberts was sentenced to death for the fatal shooting of officer Dennis Mclnerney at Mardi Gras day in New Orleans in 1974 constitutes "cruel and unusual punishment" in violation of the Constitution. 2 Cars Crash Samuel Santangelo, 74,514 N. Eighth and Charles Keller, 58, Lititz, were involved in a two-car accident Sunday afternoon at Prescott Drive and East Kercher Avenue, N.

Lebanon Twp. police reported. Damage was estimated at $300 to the Santangelo car and $300 to Keller's. berland and Gordon Boltz, 605 Elizabeth St. Both men said they saw a light colored station wagon with Pa.

registration number W3S-316. Number Traced Patrolman Margut reported that the indicated number was traced to an Ambassador vehicle owned by Pauline and William I. Newcomer, Fairchange, Pa. Margut told the News that the registration number reported by Wolfe and Boltz may have been incorrect. He added that the two witnesses had observed the suspect vehicle from a distance and may have misread the registration.

The station wagon driver was described by witnesses as male, Caucasian, early 20's, with medium length dark hair. The suspect vehicle may have red paint along with considerable damage located on the front end. Witnesses reported that the Mojica truck was pushed nearly three feet on impact. Power Cut To Hundreds A motorist backing into a guy- wire in the Colebrook area caused a loss of power to hundreds of Metropolitan Edison Co. customers in southwestern Lebanon County over the weekend.

According to a Met-Ed report, a car driven by John Brieve, Palmyra RD 2, backed into guy- wires causing power lines to whip together and activate a power breaker. The breaker caused a loss of power to 462 customers in the Lawn, Upper Lawn and Colebrook areas, as well as the Mine Road area between Colebrook and Mt. Gretna. There was also a 10-second power loss for 821 customers who are on a line that runs from the Campbelltown substation. All service was restored before noon on Saturday.

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Lebanon 2:00 P.M. TO 6:00 PJ. 'Two lotfffMfls To Serve You fetter" 19 S. liaHroad Palmyra 838-1477 538 Cumberland Lebanon 274-2227 MEDICAL CLEARANCE RECOMMENDED SPECIALIZING IN IN-THE-EAR AIDS E. H.

ZECHMAN CERTIFIED BY NATIONAL HEARING AID SOCIETY Buffett made the same computation for the Fortune 500-a larger universe whose history goes back only to the The returns were similar; 1956- 196S averaged 11.2 per cent and 1966-1975 averaged per cent. Stuck At 12 Per Cent Ample evidence thus emerges that, while there will be some fluctuations, the return on a corporation's book value keeps coming back to a level near 12 per cent. As inflation has heated up in recent years, it has not affected the return that a typical corporation can produce on its equity. Now there had been especially prior to the widespread belief that stocks were a true hedge against inflation. Some still cling to this view, but many investors lost faith when inflation went to double digits and stocks disintegrated just a couple of years ago.

The idea that stocks are a hedge against inflation stems from the fact that stocks are not claims against dollars, as bonds are, but represent ownership in corporations. The ongoing operation and resulting production of the corporation was assumed to retain its value in real terms. As inflation increases, the corporation's value should keep pace. A Stock Is A Stock Is A Bond Buffett's point again, however, is that "as inflation has increased, the return on equity capital has not." The significance of this statement is best appreciated when one, as Buffett suggests, thinks of stocks as being very similar to bonds. Acknowledging that this view may be considered somewhat eccentric, Buffett continues with a reminder that when one buys common stocks he is purchasing ownership in a productive enterprise.

The enterprise has a certain return on its equity say 12 per average as reported above. If one were to buy into the company at book value, the return on his investment could then be considered 12 per cent. Since Buffett's studies demonstrate the return on investment to be quite stable, he goes one step further and thinks of it as an "equity coupon." In other words, if the investor is able to buy stocks at book value, he is buying a bond or fixed-income investment where the return is fixed at around 12 per cent. Thus stocks like bonds figure to do poorly in an inflationary environment. "When the value of the dollar deteriorates month after month, a security with income and principal payments denominated in those dollars isn't going to be a big winner." TO BE CONTINUED Readers are invited to submit questions to WEIK ON WALL STREET care of the Lebanon Dally News.

Thomas W. Weik is a registered representative of Butcher and Singer, member firm of the New York Stock Exchange. The first rain to fall in the county since May 18 began this morning and is expected to continue through Tuesday. This morning's rainfall was heavy at times, causing fairly extensive run-off in some parts of the city. There's a chance of a thundershower tonight as a developing storm in lower Michigan moves southeastward, pulling very cool air southward from Canada.

Lows tonight will be from the mid 40's to the mid 50's here. Highs Tuesday are expected to reach the upper 50's or low 60's. The extended outlook calls for fair and cool weather Wed- Father-Son Banquet Held Robert C. Kuhn, formerly with Campus Crusade, spoke Saturday night during a father- son banquet in First Baptist Church. Kuhn, of Palmyra, was a wrestler for the University of Pennsylvania and participated in "Athletes in Action." Jim Timmins was master of ceremonies, with David Kreider, Ron Slade, Homer Keller and Wayne Crawley providing music.

Also participating in the program were the Rev. Gary Dull, pastor, and the Rev. Ronald Slade. In charge of arrangements were Mrs. Homer Keller, Mark Ruhl, Fred McKinney and Jim Timmins.

oesday through Friday, with daytime highs mostly in the 60's. Overnight lows will dip into the 40's during the period. Storms, Winds Prevail Elsewhere in the country, thunderstorms and high winds were prevalent. Powerful storms spawned five tornadoes in Wisconsin, and two were reported in Indiana. Gusts reaching 70 miles per hour knocked out power in Terre Haute, Ind.

and downed power lines and trees in a four-county area there. Hail was reported in Nebraska, Kansas and Colorado. Hot weather lingered over much of the nation early today, after Sunday's record temperatures in many areas. The mercury hit 101 in Des Moines Sunday, and 100 in Springfield, 111. Statistics for the 24-hour period ending at 8 a.m.

today are: High 81(27c) Low 54(12c) Avg. (2 below norm) 67(19c) Sunsettonight Sunrise tomorrow 5:38 a.m. High, 67(19c) Low, June 6,1976 62(17c) Lottery Number PITTSBURGH (UPI) The winning number drawn Saturday in the Pennsylvania Lottery's Daily Number game was 953. For Schools. "The Spirit Of Freedom" 30 Minute 16 mm Color Sound Film AiaDiMe TQ Sclwds free Of WOK 272-5611 For Reservatiffl Lebanon Daily Netos Route 422, Just East of Lebanon Flowers, Garden Fair and Nursery Things are Growing Great at Layseft Flowers There's Still a Good Selection of Flowering Plants to Add Color to Your Garden.

Choose Your Favorite Varieties Today Cash 'n' Carry Buys More For Less At Layser's Flowers Hours Open Daily 8 to 6 Saturday 'til 5 Good Samaritan Hospital Auxiliary Street Fair again the people of Lebanon County and vicinity have expreued their support of the Good Samaritan Hospital by generously patronising the Street Fair. Your Good Samaritan Hotpltil Auxiliary Strett Filr CommlttM thinks you and of who rtucte tuccMt poulbto. You hivf proved what trtmtndout community action can To Men and chalrrrwn, organization! tmf wry Individual our profound Mrs. John W. Juppenlstz, Jr.

Co-Chairmen Mrs. Robert Gsntsr Mrs. Murray Kessler Mrs. Frederick A. Ksltoy Treasurer Mrs.

John W. Fox Mrs. Frank Dixon Mrs. Ernest S. Steels, Jr.

Secretary Mrs. Carol Loehr Aast. Treasurer Miss Mary Ellen Elton Publicity Mrs. Edwin Cook Mrs. A.

Dale Elotman Prtsidtnt.