Galesburg Register-Mail from Galesburg, Illinois on September 10, 1963 · Page 8
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Galesburg Register-Mail from Galesburg, Illinois · Page 8

Galesburg, Illinois
Issue Date:
Tuesday, September 10, 1963
Page 8
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8 Golwburft Register-Mail, Galesburg, III. Tuesday, Sept-, 10, 1963 Financiers Differ Over U. S. Economy By SAM DAWSON NEW YORK (AP)—Rising consumer and mortgage debts and a slowdown in the rate of personal savings in seen as a danger signal by financial conservatives— and as a harbinger of better times by the economic growth enthusiasts. The rise in foreclosures of federally insured and guaranteed mortgages and some stretching of the length of instalment credit repayments (making the monthly outlay smaller) leads the worriers to questior the qualify, of the private debt. But this is shrugged off by the optimists as far from the danger level yet. This split in financial thinking isn't new. What adds urgency to the debate at this time is the size of the total debt and its rate of growth. Counting public, corporate and individual debts, the figure now is well above one trillion dollars, an increase of 445 per cent since 1940. Of this, corporate debt is around $414 billion. Home mortgages are close to $170 billion. In­ stalment debt is $50.8 billion. The Securities and Exchange Commission reports that in the April-May-June quarter individual debts rose by $7.6 billion, compared with $1.9 billion in the first three months of the year. Net savings also gained, but by $2.9 billi -in compared with $6.5 billion in the first quarter. This made the second quarter savings increaje the smallest for a like period since the $1.4 billion in 1960 when the last recession was in its early stages. Those who view the sharp rise in total debt in the last 23 years without alarm stress that the nation's total output of goods and services has risen even faster. They say that makes the debt burden now a bit lighter than in 1940. Consumer credit increasingly is a way of life for many, if not most, Americans. Bankers hold that the soundness of the total consumer debt lies in its share of disposable personal income (what is left after taxes). In 1950 the percentage of debt to disposable income was 8.9. By the end of 1962 this had risen to 13.2. Those in the lending business insist this is still far from dangerously high, in spite of the "ise in mortgage and other loan defaults. Be modern with ART YOUNGREN 1327 Brown Ave. Ph. 343-6813 SANITARY PLUMBING HOT WATER HEATING Alpha Lions Hold Session ALPHA — The regular dinner meeting of the Alpha Lions Club was held Thursday at the Lions Hall. Warren Kidd presided, when plans were made to attend officers* training school at Kewanee Sept. 8. Those who planned to attend were Dean Otten, Warren Kidd, Fred Metzler, Ed Lewis, Frank Roth, Dale Nelson and Leonard Hazelrigg. Alpha Briefs Jules Lambin Jr. returned home Thursday from Moline Public Hospital, where he had been a patient since Aug. 30, following an auto accident in which he became involved that same night on 111. 17. two miles west of Woodhull. Clyde Thompson of Monmouth visited several days with Mr. and Mrs. Walter C. Peterson. He is a former Alpha resident. Mr. and Mrs. Jake Housh of DeLong visited Friday with Mr. and Mrs. Clarus DeLong. Prairie City Group Notes Autumn Hints PRAIRIE CITY —The Happy Helpers Club met Tuesday with Mrs. Lila Harding and members answered the roll call by giving a sign of autumn. Mrs. Edith Morey and her little girl were present and Mrs. Morey accepted an invitation to join the club. Mrs. Harding and Mrs. Sylvia Gunther were the hostesses for the refreshments. The next meeting will be with Mrs. Isabel Wilson and all former members were invited, as it is a going-away affair for Mrs. Gunther, who will be leaving for her new home in Phoenix, Ariz., the first of October. Plan Harvest Gifts The Depend On Us Sunday School Class met Wednesday with Mrs. Grace Buchen. Mrs. Fay Orwig presented the scripture lesson. Mrs. Bertha Nichols, president, announced that ,the next meeting will be the October harvest meeting when members made their annual offering. Mrs. Icne Bolon was a guest. Prairie City Briefs Ralph McFadden and father, Henry McFadden, Colchester, attended the funeral of a relative, Marshall McFadden, in Macomb Aug. 31. Mr. and Mrs. Harry McCone, accompanied by Mrs. Jessie McCone, Cameron, left Wednesday by train for Tacoma, Wash., for a visit with his sister, Mrs. Inez Martin, who is reported ill. Mrs. Ada Mead, who recently fractured an upper arm bone, is staying in Bushnell with Mrs. Myrtle Gordineer until she is able to use the arm. Mrs. Grace Buchen was a dinner hostess Wednesday in honor of Mrs. Lena Everly, who was observing her birthday that day. Present were Mr. and Mrs. Ray Everly, Mr. and Mrs. Roger Everly and David and Pat Buchen. Mr. and Mrs. Jack Olson entertained their couples card club Aug. 31. Mr. and Mrs. Delbert Curtis were the high scoring cou pie and Alan Curtis received the traveling prize. Mrs. Anaree Ogle received a special birthday gift. Writer Snarls At Things He Doesn't Like By HAL BOYLE NEW YORK (AP )-Things we could all do without: Girls who always wear tennis shoes but never play tennis. Any comedian who can 't think up anything funnier to do than to knock his wife and mother-in-law. Television commercials showing people taking baths with an expression on their faces as if they were enjoying an orgy. Professional football players who spend all their time in the locker room telling younger players what kind of goo to put on their hair. Restaurants that have an extra charge for bread and butter. Waiters who take your order without indicating whether or not they heard you. Executives who brag about how much work they take home with them at night — after doing nothing in the office all day. Women who kick off their shoes at the movies and then start hunting for them out loud just as the film reaches a climax. Small grave-eyed children who shake hands with you with a moist lollipop glued to their tiny paw. Fat ladies on picnics who, after an ant crawls under their girdle, glare at you as if you had sicced the insect on them. All men over 40 who stand on their hands at the beach. And all women under 40 who admire these juvenile masculine acrobats. Ten-cent magazines that now sell for four bits. The 20-cent hot dog that tastes no better than the nickel hot dog used to. People who invite you to their house for dinner—and then serve you a warmed-over, store-bought pizza pie. Anybody who swears off smoking, except for the cigarettes he can borrow from you. People who take up collections in the office for needless purposes—such as sending flowers to the boss' wife if her cat has kittens. Strangers who get mad if you answer the phone when they have dialed the wrong number. Strangers who call up when you're taking a nap and ask, "Don't you think it's time to review your insurance portfolio?" (Who, in heaven's name, has to much insurance he has to lug it around in a portfolio?) Zippers on the back of wives' dresses. Why don't they put them in front so a woman can zip up herself. Automatic elevators with piped- in music, thus forcing you to listen to the "Overture from William Tell" while stuck between the 26th and 27th floors. Jokes about John F. Kennedy and his family which originally were told about Franklin D. Roosevelt and his family. Michigan supplies about one- half of the red tart cherry pro duction of the United States. SPECIAL SCHOOL TERM SUBSCRIPTION RATES TO COLLEGE STUDENTS FOR THE (9 MONTH) SCHOOL TERM BY MAIL IN ILLINOIS, IOWA, and MISSOURI $7,00 ($2.75 Saving) BY MAIL OUTSIDE ILLINOIS, IOWA, and MISSOURI $10,00 ($3,50 Saving) For Iff* thin 5c i d»y the student can keep in daily contact with hi* alma mater as well as all the new* in and around hi* heme town. THIS OFFER EXPIRES OCTOBER 1 Circulation Department Galesburg Register-Mail Salesmen Hear Tips On Success Some 100 salesmen of the Columbian Feed Co. of Illinois heard ideas Friday on getting people to think and act favorably with them. Millard Bennett, a consultant on human behavior from New York City, gave the salesmen two general rules to follow when approaching prospective clients, or, for that matter, any individual. First, always remember the other person believes he is right, and second, put yourself in his place and answer the question in his mind, "How can I profit?" Show the client a gain he can obtain through working with you, or prove to him he will avoid a loss by so doing, Bennett said. "I never talk of how great one can become, because I don't know anyone's potentialities," he said. "But following this formula will make you better, and by continually analyzing successes and failures, you will continually become better." Bennett pointed out that when this happens, the individual is on the way up. A man's physical peak is reached sometime between the ages of 25 and 40, he said. But generally there is no limit mentally until age 85, he commented. The experience of each year is like a savings account which can be drawn upon. The gathering of the salesmen was held at the Holiday Inn. The firm's mill is located at Geneseo, and headquarters are in Kansas City, Mo. Frank McDermand is the president. Temperature, light and excitement prompt the chameleon to change its hue, not background coloring. Cameron Couple Visit In Hinsdale CAMERON - Mr. and Mrs. C. K. Gittings spent a weekend at Hinsdale with Mrs. Ray Soukup. They attended the 50th wedding anniversary dinner party of Mr and Mrs. George Alderson of Elmhurst. Mrs. Larry French and M~. and Mrs. Russell French spent Saturday in Danville. Lt. and Mrs. Jerry Moore and Jeff have been visiting with Mrs. Moore's parents, Mr. and Mr3. Clarence Gittings of Cameron. They were en route to Iowa City, where they will make their home. Lt. Moore will attend the University of Iow «i for his master's degree in hospital administration. Ira Macksy s in St. Frr icis Hospital at Peoria. The Mothers of World War II, Unit 163, will meet at the IOOF Hall Sept. 16 at 6 p.m. for a potluck supper. Mrs. Lillie Danforth is hostess. Alexis Area News Items ALEXIS—Spec. 4.C. Ray Rosenbalm and Mrs. Rosenbalm returned to their home in Ft. Riley, Kan., after visiting his parents at Kirkwood and her parents, Mr. and Mrs. Ed Hanna at Alexis. Rosenbalm had just returned from a month spent in Georgia and the Carolinas, where he was on mock war maneuvers. During the time his wife stayed with her parents at Alexis. Pearl Yung, daughter of Mr. and Mrs. Lawrence Yung, has entered nurse's training at Galesburg Cottage Hospital. Mr. and Mrs. Dennis Buray and children of Peoria spent a weekend with her parents, Mr. and Mrs. S. W. Timberlake. Mr. and Mrs. Sam Patterson has returned home from a visit with relatives at Waltham, Minn. His sister, Susie Patterson, accompanied them home for a visit here. Mr. and Mrs. Carl Trantham of Springfield, Mo., and Mr. and Mrs. Larry Trantham and Mike of St. Louis, Mo., spent the holiday weekend with Mr. and Mrs. Ralph Liggett. Jeff Tyrrell, who had been employed this summer by Cash Meat Products Co., left Wednesday to attend Joliet Junior College. Ronn Gordon has taken over the job vacated by Jeff. The U.S. collier Cyclops vanished in the Carribean Sea in 1918 and its fate remains a mystery. Law Changes In Effect For Drivers Changes in the driver's license law made by the recent Illinois General Assembly will affect persons driving after a revocation or suspension period has expired and persons who have never held a driver's license, it has been pointed out by Charles F. Carpentier, secretary of state. Motorists who fail to obtain a new license, but resume driving after the expiration of the revocation or suspension period, now are subject to the same penalty, a minimum of a seven-day jail sentence and a fine not to exceed $1,000, as is imposed for driving under revocation or suspension. Another change applies to persons who have never held a driver's license. The penalty for driving under these circumstances now is a minimum of three days in jail and a fine not to exceed $1,000. Previously, only a fine of up to $300 could be imposed for the first offense, with a sentence of a maximum of one year in jail and $1,000 fine for subsequent offenses. Don't Let It Expire Persons driving with an expired license now are subject to a minimum fine of $20 and a maximum of $300, in cases where the license has been expired less than six months, and a minimum fine of $50 if the expiration period is more than six months. Conviction on any traffic law violation charge during a revocation or suspension period now may result in extension of the revocation period for another year or extension of the suspension period for the same length of time as the original suspension. Previously, it was necessary that the person be convicted on the specific charge of driving under revocation or suspension before the extension could be put into effect. Individuals who take a driver's license examination for someone else or who obtain the services of a third party to take the examination for someone else now face possible revocation or suspension of their own driver's license. A also is required, and a fine of not to exceed $1,000 may be included. Organ Club Meets The Lowrey Organ Club met Wednesday at the studio. Music and games were played. A birthday cake was presented to Mrs. William Donahue by her son-in- law and daughter, Mr. and Mrs. Dean Stegall of Victoria. Biggsville Homemakers Pick Officers BIGGSVILLE-The Biggsville Afternoon Unit of the Henderson County Homemaker Extension held its September meeting Thursday at the home of Mrs. Jason Thomas with Mrs. Iva Alexander as co-hostess. Mrs. Charles Rhoades, chairman of the nominating committee, presented the following officers for 1963-64 who were elected: Chairman, Mrs. Jason Thomas; first vice chairman, Mrs. Emery Anderson; second vice chairman, Mrs. Richard Liston and secretary-treasurer, Mrs. C. E. Bergren. Mrs. Beulah Pendarvis, retiring chairman, installed officers. Mrs. Thomas appointed the following chairmen: membership, Mrs. Liston; special activities, Mrs. Frank Olson; radio and publicity, Mrs. Charles Rhoades and 4-H, Mrs. Merle Renken. Mrs. Rhoades gave the major lesson, "Shoes for the Family." Mrs. Rhoades passed around two different types of shoes as to style and leather. Mrs. Bcrgren gave the minor lesson "Does Your Child Embarrass you?" Biggsville Briefs James Hignight, rural carrier out of the Biggsville Post Office, is a patient in the Burlington Hospital. Mrs. Pearl Wilbur is a patient in the Monmouth Hospital. Mrs. R. H. Stevenson, who was a patient at the Burlington Hospital, returned to her home Wednesday. News Items Of Little York LITTLE YORK - Mr. and Mrs. Wilbur Ricketts, Rhonda and Brenda called on the Robert Mills family Sept. 3 to help Susan celebrate her birthday. Brenda was a guest overnight. Mrs. Mary I. Brown has been visiting her sister, Mrs. Grace Morris at Millersburg, the past week. Mrs. Margaret Moon has returned home after spending some time with her sister, Mrs. Cecil Cofield in Galesburg. Mr. and Mrs. Russell Bowers and daughter Florence of Xenia, Ohio, arrived for a few days' visit with Mrs. Bowers' sister, Mrs. Warren Brownlee. Mrs. Dwight Boock and sons and her mother, Mrs. Chester Peterson, were callers at the James Reynolds home Friday. Henry County GOP Frolic Set Sept. 15 CAMBRIDGE — A Republican county frolic will be held Sept. 15 at 2 :30 p.m. at the Andover Lake Park, Andover, sponsored by the Henry County Young Republicans Club, headed by Richard Harrington, Kewanee, president. The event is open to the public. Announced and prospective candidates for the coming primary in November were invited. Announced candidates who have been extended invitations are Elroy C. Sandquist Jr., Chicago; James V. Cunningham, Peoria; Maurice W. Coburn, Chicago; William D. Stiehl, Belleville, and Robert R. Canfield, Rockford, candidates for attorney general. Hayofl F. Robertson, Flossmoor; Charles F. Carpentier, Springfteld, and Charles H. Percy, Kenilworth, candidates for governor. John A. Graham, Barrington, and John H. Altorfer of Peoria, candidates for lieutenant - governor. Sen. John P. Meyer, Danville, and Congressman Elmer J. Hoffman, Whcaton. Also, William J. Scott, state treasurer, and Ray Page, superintendent of public instruction, Springfield. Bodily weight of the whale presses so heavily on the lungs that it cannot breathe on land. Birthday Noted At Fairvietv FAIRVIEW-A surprise birth* day party was given for Mrs. Beulah Simons Wednesday when a group came in for a potluck dinner. Mrs. Louise McCormick baked the cake. Guestr were Mrs. Mable Grubb, Mrs. Grace White, Mrs. Florence White, Mrs. Ida Hoyt, Mrs. Hazel Simons, Mrs. Eva Svob, Mrs. Estella Simons, Mrs. Sylvia Zimmermen, Mrs. Bernice Ford and Mrs. Louise McCormick. ''How much insurance did he have?" "Too bad about Brown, we say. Our first question is "'Did he leave his family with| ; sufficient Life insurance?'^ 'No doubt you are, taking] your own proper precaution*, —and will want to {get all the details about the.Metro- politan's Family Income Plan. ROBERT O'CONNOR 250 MAPLE AVE. PHONE 343-3793 M«trop«ll*«n life Inturanca Campmfff New York 10, N. Y. Garages by BULLOCK 30 DAY SPECIAL— 2 CAR GARAGE ERECTED. '1070,00 READ THE WANT ADS! NO MONEY DOWN F.H.A. FINANCING 5 YEARS TO PAY $21.50 PER MONTH Belter Buildings Being Built by Bullock # 8" Overhang All Around Building # 16" O.C. Storm-braced Studs # 4" Concrete Raised Curb # 4" Reinforced Concrete Floor included in above price. # Berry Steel Overhead Door FREE ESTIMATES - COURTEOUS SERVICI DISPLAY AT 1075 N. FARNHAM Ph. 343-2818 - On Route 34 Right from the start The Great Entertainer makes them better. It comes on smooth with the special taste that can only be Seagram's 7 Crown. „ Manhattan? Old Fashioned? Highball? The Great Entertainer stars in every role (but you take the bows!) Say Seagram's and be Sure SEAGRAM DISTILLERS COMPANY, NEW YORK CITY. BLENDED WHISKEY. 86 PROOF. $5% GRAIN NEUTRAL SPIRITS

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