Galesburg Register-Mail from Galesburg, Illinois on August 12, 1963 · Page 21
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Galesburg Register-Mail from Galesburg, Illinois · Page 21

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Galesburg, Illinois
Issue Date:
Monday, August 12, 1963
Page:
Page 21
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Page 21 article text (OCR)

Government Checking on Stock Market By SAM DAWSON NEW YORK (AP)-Self-policing vs. government controls—an increasingly sore point in business- government relations—is brought sharply into focus today by an official study of what makes the etock market tick. How the question is finally settled is of great importance to investors, large and small—and by Implication to other parts of the business world fearful of increased or proposed government regulation. Stock exchanges and other handlers of securities think — as do leaders in many other industries—that since they are closest to their problems they are best equipped to regulate themselves and stop or prevent malpractice that bilks the stock-buying public. They point to recent tightening of their own rules and stepped- up vigilance. 1 A special panel study of security marketing practices for the Securities and Exchange Commission holds—as apparently do many government officails in other lines — that self-regulation is fine but that the SEC should be given more powers to see that the Worry of FALSE TEETH Slipping or Irritating? Don't be embarrassed by loose false teeth slipping, dropping or wobbling When you eat, talk or laugh. Just sprinkle a little FASTEETH on your plates. This pleasant powder gives a femarkable sense of added comfort t.and security by holding plates more \ firmly. No gummy, gooey, pasty taste or feeling. It's alkaline (non-acid). Get FASTEETH at any drug counter. policing is done, and along lines held by the government to be best for the investing public. The theme of the study seems to be that "no business is eager for regulation" and firm "government oversight" is needed to see that the policing is done properly. Stock exchanges do considerable policing of their member brokerage houses and several times of late have cracked down on rule infractions. The much larger oveMhe* counter market of stocks unlisted on any exchange is regulated by the National Association of Securities Dealers, set up by law to supervise activities of some 5.000 firms, involving 100,000 persons. SEC Chairman William L. Cary says his agency will discuss the issue of still stricter self-policing vs. more government controls with the stock exchanges and the over-the-counter leaders before asking Congress for any new powers—beyond those already sought and now currently before the House after passage by the Senate. What Congress might do next year, if the issue is raised then, depends on many things—including the course of stock prices, any fresh scandals, the general trend of conservatism vs. liberalism. Sextons Named At Woodhull WOODHULL - Mr. and Mrs. Chester Magnusoh were elected to serve as new sextons of the Bethany Lutheran Church by the church council at a meeting held Aug. 4. Magnuson will share the sexton's responsibilities with Mrs. Johnson. Mrs. Johnson has served as sexton for many years together with her late husband. Mrs. Johnson has carried on her duties since then, with the assistance of the church and members of her family. $ DAY SPECIALS ONE RACK SHORTS & SHIRTS (Net Matching) On, y $ 2 00 ONE RACK DRESSES $coo Only 5 OUR USUAL $1 SPECIALS ALL SPECIALS TAKEN FROM OUR REGULAR STOCK READY-TO-WEAR 310 EAST MAIN ST. Property at Woodhull Transferred WOODHULL — Mr. and Mrs. Dean Martins of Rock Island have purchased the residence property of Mrs. Ida Peterson and expect to move there soon. Martin is employed at a factory in the quad-cities. Mr. and Mrs. Glover and family have moved into the furnished apartment rooms in the Overstreet building. Glover is employed by the pipe line near New Windsor. Don Porter and family have moved into the Al Bub property near the Presbyterian Church. Woodhull Briefs Mr. and Mrs. Walter Minder and family have returned from Loami, where they visited relatives. They also visited Mr. and Mrs. Robert Turner at Decatur. Both Mr. and Mrs. Turner are former instructors in the Al- Wood School District. Airman 2.C. James Krueger has returned home from Turkey where he had been stationed with the Air Force. After a 30- day leave here with his wife and family at the Wilbur Munson home here and with his parents, Mr. and Mrs. Floyd Krueger, Alpha, he and his family will leave for South Carolina where he will be stationed at the Shaw Air Force Base. Mrs. Herman Rehn and infant daughter Amy Jolene returned home Tuesday from the Galesburg Cottage Hospital. The members of the Dependon Class of the Presbyterian Church will have a breakfast at Lake Crescent, Alpha. Mr. and Mrs. Horace Clark spent Tuesday evening in Galesburg to help Christopher Pritchard, son of Mrs. Shirley Pritchard and the late William Pritchard, celebrate his first birthday. Mrs. Gayle Brown is spending a few days in the Lee Martin home in Alexis. Attend Reunion Mr. and Mrs. Orville Nelson attended the seventh Sprouse cousins reunion Aug. 3 and 4 at Prairie du Chein, Wis. Relatives Prairie du Chien, Wis. Relatives and Worthington, Minn., Lancas ter, Wis., Chicago, Oak Park, Osco and Woodhull. Birthday Noted At Fairvieiv FAIRVIEW — Mr. and Mrs. Wayne Mahr held a birthday party Sunday for Karen Wheeler and Lori Ann Latimer. Attending were Mr. and Mrs. Hugh Latimer and Ronald, Fairview; Mr. and Mrs. Lawrence Latimer and family, and Mr. and Mrs. Donald Wheeler and family, Canton. Henderson Grove Grange Offers Memorial at Meet Gqiesburg Register»Ma?l, Golesbura, HI, Moridoy, Aug, 12, 1963 %\ I iiilllPi lllillilti ALL COLORS - STYLES AND SIZES SUMMER COTTON r ^ i STRETCH SLACKS Reg. 9.95 $ 6 DRESSES '5 '7- $ 10 STRETCH SLACKS Reg. 9.95 $ 6 NEW FOR FALL COTTON SPORTSWEAR • BERMUDAS • PEDAL PUSHERS New Fall Plaid* Reg. $7.95 *# SUMMER JEWELRY Clearance Val. to $2.00 50c NEW FOR FALL COTTON SPORTSWEAR • BERMUDAS • PEDAL PUSHERS New Fall Plaid* Reg. $7.95 *# SUMMER JEWELRY Clearance Val. to $2.00 50c ROSE MARIE REID Swim Suits Vk 0FF SLEEVELESS SUMMER BLOUSES Reg. $«1 4.95 £ ROSE MARIE REID Swim Suits Vk 0FF SLEEVELESS SUMMER BLOUSES Reg. $«1 4.95 £ 2 Pc. SUMMER Bermuda Sets Reg. 7.95 3 Summer Bermudas & Pedal Pushers Reg. 5.95 $050 and 6.95 3 L. B. Bell Co. 444 E. Main St. HENDERSON GROVE - Henderson Grove Grange regular meeting was Saturday with Master Wesley Nelson in charge. The charter was draped m memory of Mrs. Minnie Heagy. Third and Fourth degree instruc* Hons were given Mr. and Mrs. Dell Burns by Charles Brown. There were reports from the resolution committee with Glenn Glass as chairman. Mrs. Ralph Liby, home economics chairman, also gave further instructions on the state fancy work contest. Plan Coffee Group I of the Grange wHl sponsor a coffee hour Aug. 22 at the home of Mi's. Art Bloomer, beginning at 9 a.m. All members and guests were invited. The annual picnic will be held in the Glenn Glass timber Aug. 17 with a potluck supper at 6 p.m. Three couples attended the State Grange picnic July 21. Mrs. Charles K. Johnson report ed on the recent district meeting at County Center Grange. Mrs. Rollo Frtts, lecturer, presented a literary program, the theme being "Neighbor Night," calling on the Grange for ways to be a good neighbor. Mrs. Glenn Glass read a poem, "Friendship." Glenn Glass reported on new legislation. The program closed with the reading of a bit of humor. On the Sept. 21 social meeting, booster night is planned and also the home economics display. Refreshments were served by Mr. and Mrs. Wesley Nelson and Mr. and Mrs. Charles Brown. The long ton contains 2,240 pounds; the short ton only 2,000 pounds. When surrounded by immobile insects, a bull frog will starve rather than strike at a still target. Swan Creek Vacationers Are Noted SWAN CREEK - Swan Creek was busy this week with the comings and goings of vacationers. Mr. And Mrs. Don Braselton and daughters returned home after several weeks touring the South, including the St. Louis Zoo and the Smokey Mountains. A son, Ronald, stayed in Monmouth with his grandparents, Mr. and Mrs. John Blair, while his folks were gone. Mr. and Mrs. Wilbert Schisler are spending their vacation in Colorado Springs, Colo. Leaving Monday to visit o u t West were Mr. and Mrs. O r a Farr. Mrs. Joseph Sheetz spent a couple of dayo at the Assembly of God camp meeting near Carlins- ville, spending the rest of the week at St. Louis visiting friends. READ THE CLASSIFIEDS1 Wedding Is In Gladstone GLADSTONE - Miss S illie Joann Newberry of Oquawka and Terry Luther VanTine of Gladstone were married at the Gladstone Methodist Church Wednesday evening. Rev. Kenneth R. Douglas of Port Byron, former pastor, read the double ring ceremony. Attendants were Miss Marsha Newberry and Danny Bielser. Miss Deanne Gittiflgs of Oquawka played the organ for the wedding. Members of the immediate fam* ilies were present. A reception was held in tht home of the bridegroom's parents, Mr. and Mrs. Roy VanTine west of Gladstone immediately following the wedding. The bride is the daughter of Mr. and Mrs. Lloyd Newberry of Oquawka. The bridegroom is associated with his father in farm* ing. READ THE CLASSIFIEDS! U. S. Scientist Invents Botteryless Hearing Aid Mr. Endel Are, formerly with the National Space Administration, has perfected a hearing aid that is powered by the heat of the user's body. ' The aid is so small it fits entirely in the ear and will last a lifetime. Body heat generates enough power to give hearing to those with a severe loss. There are no batteries to buy. The aid is personally fitted for the individual and, because the circuit is sealed in solid plastic, it cannot corrode and will give clear, noiseless hearing. If interested for yourself or a friend, write ULTIMA, P.O. Box 864, Chicago, 111., 60690, for free, full information. (Adv.) LADIES' Baby Doll PJ's, AND GOWNS Assorted Colors, Styles and Fabrics. LADIES' Sportswear • BLOUSES • SHORTS i> CROP TOPS VALUES TO 1.99 SPECIAL PURCHASE FRESH COOKIES ASSORTED FLAVORS Regular 29c lb. Pounds MEN'S WALKING SHORTS Most All Colors In Cool Wash-n- Wear Cottons. Select from Checks, Muted Tones and Solids. Values to 3.99 WEDNESDAY, AUG. 14 GIRLS' BABY DOLL PJ's Assorted Styles and Fabrics Sixes 3 to 6X Values to 1.99 Boys' and Girls' PLAYWEAR • Matched 2 Piece Suits • Shorts • Shirts • Crop Tops Sizes 3 to 6X VALUES TO 129 YOUR CHOICE FOR GIRLS' CAPRI PANTS Assorted Styles and Colors GIRLS' BABY DOLL PJ's Sizes 7-14 Assorted Sizes and Colors for COTTON REMNANTS • Solids • Prints • Checks # Borders Values to 59c Yords ^1 SAVE ONLY Vtf.T.GRANT CO. 225 E. Main St.

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