The Troy Record from Troy, New York • Page 8

THE TROY RECORD, TROY, N. Y. TUESDAY MORNING, DECEMIER 23, 1969 News Of Troy Area Business From all of us in the Classified Department to all of you MERRY CHRISTMAS and a HEALTHY, PROSPEROUS HAPPY NEW YEAR! NEMITH NOTES: J-Wally" Riddell reports he's j))eased as punch with his 1970 model a whopping 23 jier cent over last year and New as the Official Pace Car for the 8lst Annual Tournament of Roses Parade. The Barracuda Pace Car will lead 60 rose-bedecked floats, 21 bands and 230 route through the heart of Pas- 0ar Sales Manager Bill equestrians over a five-and-one- jftid staff are keeping busy de- half-mile, two-hour-long parade Uyering their handsome new Units. Reason for this, according to management, is the Mercury Marquis, introduced in '69 so successfully, has maintained its status in the prestige class by adding even more refinements to adena's business New Year's Dav district on Ken Goe- Skip McCann tells us that Joe Higgins' to holiday drivers is, advice "Y'ali drive careful now, heah." its' 1970 model--the newly styled Lou P.sposito at Keeler Motor Montego and Cyclone cars which hive everything an intermediate can ffer, and the completely re- sly led Lincoln Continental for the impecable luxury car buyer Car appointed used car manager.

Lou says orders are plentiful on the Mercedes Benz 250-C models Falcon news from John Mickey Ford: Fal- -rlo say nothing about the widely I con economy will come in a new acclaimed Cougar for '70, the i size in the 1970Vz models. The "top cat" in its class! BUMSTEAD NOTES: annual Bumstead Christmas party was held at Germania Hall- Michael Spiak was named Bymstead Man of the Year and presented a plaque and an ex- nameplate, which has appearec on more than 2.7 million com pact cars in ten years, will go on. three models to be introduccc by Ford dealers in mid-Janu ary. Knowles Pontiac's Matt Flanagan says, "It's true On Dec. 9.

last, Pontiac Moto LUNCHEON GUESTS--These members of the Classified Advertising; Department of -The Record Newspapers were guests at an apprecia tion luncheon at the Troy Holiday Inn. Participating were, from the left, Miss Wendy Gillespie, Miss Connie Vielkind, Miss Janice Shields, Miss Ann Milem and Mrs. Bertha Nicholas. Mutual Funds Investment ComjNinies By WILLIAM A. DOYLE pense paidi weekend in N.Y.C.

Dh sjon a hiev a thcr'mile I stone by assembling its 14 millionth car! (Seems we just reported about a year ago the 13 presented to Jim McNamee, Bill Zullo and James E. Patrick, ten year award pins to John Colarusso, Mary Gerger, Fred Groat and Earl Cross, five year Jim Casale, Norm Epstein, Gardner and Mike Gjrudecki. SPOTLIGHTS: Mohn Emmet of Whitbeck's Chrysler, Troy and Ray Hull of Hull Son, Chrysler, Cohoes, remind us that a 1970 Plymouth RCA Service Moves To New Quarters RCA Service Co. has moved its area service branch, which provides customer service on RCA home entertainment units, to 347 New Karner Road. branch has been located at 1524 There's more than meets the which is comprised of most of the nation's broker-dealers.

The NASD is known to feel the same way and is not expect- tor of the mutual fund industry, ed by informed observers to On the face of it, the situation the creation of yet an- Troop 131 Brownies Have Party A combination investiture ceremony and Christmas party was conducted recently by Brownie Troop '131 of School 16. The opening flag ceremony was led by Jerry Treharne with a color guard including Maureen Poland. Christian (Costa and Mel issa Jabcur. Following.a pledge of allegiance, Mrs Poland, assistant leader; wel corned the parents and friends. Mrs.

John Costa; and Mrs. Poland presented fly-up pins to Donna Belanger, Kathy (Farrell, Marcia Goerold, Ellen Kleiner, Gwen Krause, Frances joeke, Gretcheni Pasanen and Lori-Poland. One-year pins were presented oj Janet Margaret iarraicHael, Shirley Cunning, jam, Jean -Terry Tre- larne and Taber Members of the trpop welcom- ng the newly, invested Brownies nclude Susan Coates, Colleen Donlon, Tina Gabriel, Melissa Jabour, Terrie Riendeau, Patricia Ryan, Judy Brigham. Carol Ann Casey, Dawn Chiacchio. Christina Costa, Beth Cunningham, Elizabeth Foster, Elizabeth Finch, Regina Gabriel, Jeannine Kenny, Margaret Kleiner, Maureen- Poland and Elizabeth Ryan.

The girls also gift-wrapped articles for distribution 'at the Wilton State School at Mt. Mc- CROSSWORD PUZZLE Ansvwr to Purit ACROSS 1 -Catch by 13-Mixtuft pen name 15-Shillow vessel 16-Not permanent boards 20-Nobleman 23-Greek letltr 29-Pronoun 30-FfMuentfy 32-Strcke. 33 -Attempt. point 35-Gamt 37-Born W.Unjjt of currency 40-Dcean- '41-Printer's measure 6-Smtrk 7-Drinks heavily 8-Frightert 9-GuWo's high note 11-A month 17-Faroe Islands whirlwind 19-PreposHion 22-5till 24-OW Testament (abbr.) 25-Tefnpofary shelter 26-Dillseed worn around waist 28-Meta! 29'Chapeau 30-Nattve. metal 33-Afternoon party 36-Conjunclion 37-Closer 38-Charm 40-Scent 41-Babylonian deity 43-Maiden loved by Zeus 45-Unitof Italian 46-Pierce 47-Condensed 48-Anger 49-Pose for portrait 50-Bishoprie Columbus's ships 44-Handles 47-Conversation 51-llluminated 52-Great Lakt 53-Peda! extremities of time, 5-l'rberate 57-Flap DOWN 1-Short sleep (pi.) 2-Sca in Asia 3-Fruit.

47 152 55 49 32 43 22 40 56 37 30 50 41 54 57 34 45 44 million mark) Be sure to see Whit Gilligan now to January to get your used car value far below list price. See Gilligan Buick's ads in classified Latham Ford Truck Department and Used car department have again set sales records for the year! Others who have broken sales records during the past two months are Ken Goewey Central Avenue. i the current falling out of D. L. Mowrey is manager Securities Exchange Com- the branch which, in addition i ssion and he Organized see- to Albany, covers Amsterdam, Cohoes, Colonie, Delmar, Me- chanicvillc, Renssclaer, Saratoga Springs, Schcnectady, Troy, Watervliet a surrounding Barracuda has been selected I Dodge and Hedley Cadillac-Olds.

areas. Social Security Gregor. is serious enough. Hamer H. Budge, SEC chair: man, made this clear in dropping efforts with the industry to reach an agreement on the mutual fund reform bill and asking a House Commerce subcommittee not to put off action any longer.

Budge didn't hide his feelings, either, in commenting elsewhere on the way a compromise agree- Before You Buy A-Weekly Information Service for Consumers By Margaret Dana Whether you have already set' Up a Christmas tree at your house, or will be doing so in a day or two, there are some facts that can help keep your Christmas safe and happy, and saA i money loss through fires resulting from cateless or unwise practices. Records show that a goodrtteal of money IS lost each simply because people are careless about basic rules on Christmas tree safety. The first important fact is Don't use string lights or extensions outdoors unless the attached label says you can safely. Don't use floodlights on or Questions among SEC, the Company Institute and Q. R.

of Troy: I have a child who has been totally disabled since birth. Recently I other sectors of the fund indus- ry fell through in November. other self-policing body. Members of the House subcommittee, the ICI and the NASD have already met several times since mid-November to explore ICI self-regulation proposals. "We haven't yet received any definitive, on-paper proposal that we can evaluate," says an NASD source.

Meanwhile, Budge makes no bones about the SEC's qualms over extending self-regulation to a funds. "It must be remembered self-regulation is a supplement, not a sub- great stitute he has testified. "We Commi55 km that the read which lead me sccond to believe a could receive! invst 10 ueueve Liiau j. LUUIU 1 56 years of age and working full time. My child is age 20.

Could you tell me what benefits are available and how. I can collect them? in Boca Raton, Fla. ICI Concept The hub of the disagreement, which has delayed subcommittee action on the bill, is the in- have serious doubts as to its desirability and its workability in management fee areas." Budge has said quite plainly that the SEC considers it a large question, indeed, "whether it's desirable" to give unprecedented, special, new protection from shareholder suits to mutual fund managements in the near anv flammable material. A. Under the circumstances troduction by the ICI of the self- crucial area adv i SO ry fees.

Don't place electrical fixtures within a child's reach. Do buy only lights and cords carrying the UL symbol. 'Do check all wiring insulation, especially after storage. Do make certain bulbs are not loose in their sockets. Do use rubber light socket that the freshly-cut young ever- gaskets where provided and re- green is the safest tree to buy, if needed.

if you are- choosing a natural tree. It has a moisture content that makes it fire-resistant to a high degree. But not many of us have access to really freshly cut young trees, and' evea when one is found it may; moisture rapidly if not rectly. And it is the dry tree that becomes a definite hazard: Not Efficient It is true a tree can be made fire-retardant but not very well or efficiently at home. A described in your letter it is very likely that your child will qualify as a disabled child and will be able to collect monthly social security benefits on your wage record.

This cannot be regulation concept in -the oversight of management fees paid by funds. Originally, the ICI had agreed not. to oppose the bill's provision that the suitability of fees be left to court tests. done until you qualify for social Action has been while security benefits since the pay- the subcommittee and others ex- Overload Circuits The overloading of circuits is especially important to watch because not enough people yet understand how great a hazard this can be. Hitching too many "extensions or cords to one circuit can result in overheating, melting insulation, exposed live wires, shock, electrocution and fire.

ment is based on your earnings. Under the circumstances, no benefit can be paid to your child until you qualify for retirement benefits or until you die. Q. B. D.

of Troy: I ithe belief that the maximum payment to a wage earner under the Social Security Program is $218.50 per month. I retired recently after having had maximum social security earnings in every year but my benefit is somewhat less than plored the self-regulation proposal of the Bud Budge's call for speedy action on the bill and the deferral of study on self-regulation Sees Misunderstanding Celebrants Of Special Mass Named Rev. John V. Casey, O.S.A., pastor of St. Augustine's Church, Lansingburgh, Monday announced the concelebrants for Midnight Mass Christmas to be broadcast from the church over Station WFLY-FM.

Rev. George J. Callaghan, O.S.A., will be principal con- celebrant; Rev. Frederick I. Ryan, O.S.A., first concelebrant, and Rev.

Timothy A. Keating, O.S.A., second concelebrant. Father Casey will be master of ceremonies. Paul Flanagan, WFLY's program director, will introduce the a a Charles Phillips, a deacon at Our Lady of Angels Seminary in Glenmont. Mr.

Phillips, a native of Little Falls, Ecumenical Landmark In Scotland Huge Fund Bill Passed By House EDINBURGH, Scotland A WASHINGTON (AP) Tht' The Episcopal and defied President Nixon'i Catholic churches threat Monday and pass- have agreed to honor each 261 to ,110, a budget buster's baptism rite and appoint liturgical commissions to formulate a common rite of baptisnij spokesmen for the two faiths said Monday. Father James Quinn of Edinburgh, a consultor for the Vatican's Unity Secretariat, called ing $19.7 billion appropriations bill for labor, health and education programs. Senate approval is still needed' to send the bill to the White House and Senate Democratic Leader-Mike Mansfield said ht hasn't decided yet what to do. the pact "an ecumenical land- "My present inclination is to mark of wide importance 11 newsmen. "But.

will have an impact beyond the n( in 1S definite. two churches immediately concerned." The Very Rev. Provost A.I.M. John C. Bogle, president of was a former radio announcer Wellington Management Co.

and in his "home town and at Siena chairman of the ICI, Coll r8M ji 0 i r- I i-rt Haggart of the Episcopal Church said: "We found ourselves talking the same language with no emotional overtones. It is a definite step forward. Agreement on baptism is a -fundamental prerequisite for a continued growing together of the two churches." There are about 800,000 Roman Catholics in Scotland, while membership cf the Epis- chairman's latest remarks on the reform bill means "there The broadcast will begin uic after 11 p.m. at 92.3 on is really some misunderstand-L ing here." The ICI, he said, agreed to' oppose the bill calling for a court test of the funds' the FM radio An organ interlude and Christ- con- broad- The issue facing the Senate is whether to pass the bill and let Nixon veto it while Congress is home on a holiday recess, or hold it until Congress returns next month so it would have a chance to vote to override the veto. The House vote on passage 'Monday was far over the two- thirds majority required to override a veto, with 86 Republi-' cans joining 175 Democrats ia supporting the bill.

Most of the $1 billion Congress education programs. House Democratic leaders want front Nixon on the issue and hope that the Senate will follow suit. NFPA, also a nonprofit group that studies your safety constantly, offers some further dealer with the proper Be careful, NFPA ment can completely dip a tree in a special solution that gives it ability to resist fire. But spraying the tree at home with a fife-retard ant solution is very little' use. This is because.pine needles aire not absorbent, and warns, in buying artificial trees.

They should be labeled fire-retardant, with somebody standing behind that claim; the UL safety test symbol should be on them, especially if they have a.built-in electrical system. Plastic trees the spray, to be effective, must coat each needle and branch completely. In order to stick to the needles effectively the spray have to have the consistency of thick Jvvhich would give the tree the look pledge: can burn or melt, and metallic trees can provide a shock hazard. Best to light them with a separate indirect light. And even the youngsters can join in the Christmas safety this amount.

Could you tell me why? A. The eventual maximum of $218.50 per month is based on the assumption that the wage earner will have paid a social security tax on the present max imum taxable earnings is S7800. per year. Anyone who retires at the present time will have their benefit computed based on the maximums that were in effect during their working lifetime and it will be necessary to include some years during which the maximum was only S4200, $4800, or $6600. Since the maximum stems from more than disappointment or irritation over the falling-out with the fund industry.

isimolv Sources close to the chair-1 man's thinking say he has be- 1 come increasingly concerned over the implications of further delay in what he considers to he an area of consumer protection. ciary responsibility in the man- made th the agement fee area. "We didn't oUrtc5y of the host church and -J 1 by Rev. William H. Kennedy, i A i i make this agreement with en- Dilute Effect At the same time, he has also become fearful that any self- regulatory initiative in the fund industry would dilute the effec- 1 Liveness of the National Association of Securities Dealers, in itself a self-regulatory body of a bottle of liquid glue.

So the most practical safeguard is to get the tree into water as soon as you get it home, and keep its cut trunk-end in see that water is kept! was less than $7800 in these in the tree's container, lights a the a i monthly are turned off when leaving the benefit for anyone retiring a house or going to bed, wires time must be less than! sockets are checked for safety, Feathers Furniture Granted Franchise Feathers Furniture 831 Hoosick been granted full franchise privileges for-the display and sale of PacTcard- Bell television and other sound but we do now," he said, go further and say Congress agreed there is a better way, we would port self-regulation." Meanwhile, it appears certain! that the ICI will find its own ranks further split as a of the deterioration of its rapport with the SEC. Some fund chiefs are private-! ly expressing concern over the delay in getting the reform billl matter settled. "I'd rather get a bill now, when there is no great public clamor for than take my chances with a possibly tougher bill later," says the president of one large organization. director of the Albany Catholic I Diocese Radio and Television. copal Church stands at around 1 aJdeoMo Nixon's budget is for 95,000.

Under the, new agreement, both churches recognize each other's baptism unless there is "proved individual eccentricity" on the part of persons administering the sacrament. The liturgical commissions are to explore a common rite of baptism which can be used separately, in each church. A common certificate of baptism would be recognized by both. THE RICE BLDG. 5 lit STREET Several office suites available Ideal for law accounting --insurance, etc.

CALL JOHN PATTISON 272-0172 of display area water constantly until the will smoke or play close Q. J. of Troy: I will be ClfllOtOIik'J' HT I- 10 leaves the house again after to the tree, and the tree will go years of age on March 18. I do out of the house the week intend to retire but I do Christmas. No Additives You may have heard adding sugar or syrup, plant food and perhaps some chlorine bleach to the water will keep the tree greener jmd fresher than plain i A says this is so, to some extent, and aids in retarding out of the house the week after' Christmas." Margaret Dana welcomes doing' this? a to get into the Medicare i program.

How do I go about has been set aside for the new line. At Conference Patrick L. McShanc, mana- ger of personnel relations at questions and comments i buying. Comments will be used as often as possible in the Before You Buy column, but ques- TMi. tions about buying should be ad- Protection Association to Consumer Question Box this newspaper.

A. Contact the social sccuriylGAF Corporation's dyestuff- Cohoes Man, Dies At 64 In Hospital Stephen T. Koblensky, 64, of 262 Rcmsen Cohoes, an em- ploye of the Cohoes Department of Public Works, died Mondy morning at Cohoes Memorial Hospital where he was taken by Motor Ambulance a suffering a apparent i office nearest you as soon as it chemical division plant at Rens- heart attack. is convenient for you to do so. i selaer, attended the first annual Albany County Bring your social security card Personnel Administration Conand your birth or baptismal ference sponsored by the corn- certificate and they will com- pany at Kennedy Airport Inter- plete your application for you.

national Motel. high flammability. But fire marshals who have studied this proposal for making a tree fire retardant advise that is is severely limited. It acts efficiently only for young, fresh trees, even after cutting a fresh slice from the trunk to aid absorption. An old or dried-out evergreen could not possibly draw the nutrients from the mixture.

So precautions must center on safe uses of decorations, electrical apparatus, and surrounding materials. Since all of us, both at home and for public displays in buildings or outdoors, use" more and more electrical devices, it will pay to remember 1hc following set of "Don't's and Do provided by the Under-) writers' Laboratories, which is a not-for-profit organization does just one thing: tests for public safely. Safety Tips Here are the UL suggestions for your Christmastime electrical safety: Don't overload circuits. Don't work on light strings I while plugged in. Don't stretch string lights or extension wiring.

Coroner John J. Marra gave a decision of death due to natural causes. A native of Pennsylvania, Ko- Dlensky had resided in Cohoes for the past 42 years. Survivors include his wife, the former Bertha Tobin: his father, John Koblensky, Cohoes; three sons, Stephen, John and Leo, Cohoes; two daughters, Mrs. Qharles Rouche, Cohoes, and Mrs.

Fnark Esposito, Troy. Also six sisters, Anna Pillo and Mrs. Lena Grudecki of Cohoes, Mrs. Richard Lewis of Troy, Mrs. Lyle Camp- jell of Cohoes and Bertha Ko- jlensky of Massachusetts; six brothers, John and Richard of ohoes, Charles of Watervliet, Joseph of Massachusetts and Barney and Adam Koblensky of Waterford; also 22 grandchildren, and 23 nieces and neph ews.

The a will be held Wednesday at 9 a.m. from the Marra Funeral Home, Remsen and Columbia streets, Cohoes, and at 9:30 a.m. from St. Michael's Church where a Requiem High Mass will be celebrated. Interment will be in St.

Michael's Cemetery, Waterford. NEW OUTLET--Roxy Cleaners has opened this new outlet for service for residents of Lansingburgh. The new store is on Northern Drive, east of Fifth Avenue. It offers all the services the firm provides in this area. Mr.

Businessman NOW, whether you are a professional, a sole a partner or an incorporated business, you can establish aRetirement Plan toryourself andyour employees. It is possible for you to avoid the costly and time consuming procedures required to establish a separate RETIREMENT PLAN for your business paid for out ol earnings. With the approval of Internal Revenue Service, Marine Midland National Bank of Troy has created Master Plans. You can adopt one of them as your own by filling out a simple application, making a few basic choices and supplying brief dataforyou and your employees. The Tax Advantages 1.

An income tax deduction each year for money contributed to the Plan. 2. A suspension of taxes during which all income and realized gains may be.received and reinvested without tax depletion. 3. Tax concessions when the fund is distributed on retirement, death or disability.

Copies of our Master Plans and Declaration of Trust are available for your study and for examination by your attorney, on whose legal advice you will ultimately rely, Application now can make your Retirement Plan effective at the beginning of 1969. Please Coll Steven A. Dunne at 274-4440 Alabama's Smith Lake covers 21,000 acres and has 500 miles shoreline. IVIIOLAIVD NATIONAL. BANK OF TROY MEMBER F01C A FULL SEW1CE BANK.