Galesburg Register-Mail from Galesburg, Illinois on September 10, 1963 · Page 20
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Galesburg Register-Mail from Galesburg, Illinois · Page 20

Galesburg, Illinois
Issue Date:
Tuesday, September 10, 1963
Page 20
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20 Gafesburg Registe^Mdl, Golesburg, 111, Tuesday, Sept. 10, 1963 To New High Stock Market Prices Rise By SAM DAWSON NEW YORK (AP)-Stock market prices as measured by the three most followed averages have made a new high. So the bulls at least are convinced that the prospects for industry and trade are good and getbng better. And the public which usually looks to the stock market for such hints is likely to think so, too. Record highs were set Thursday by the Dow-Jones index of 30 industrial stocks and the 30 Associated Press industrials. Standard & Poor's 425 industrials had reached a new peak two days earlier. All closed the week higher than the December 1961 or January 1962 records. If these averages are used as a measure, the stock market had erased all of the losses in the troubled first half of 1962, including the steep drops of late May and June. But many individual stocks had not. And some industry groups were still depressed. A lot of the bluest chips are still below their record highs, some well below. So your view of the market is either exuberant or disappointed, depending on what stocks you own (and when you got them). The Dow-Jones industrial index had dropped 199.15 points, from its old high of 734.91 set December 13, 1961, to a June 1962 low of 535.76. By Thursday it had bounced back 202.22 points to 737.98, and its Friday closing at 735.37 was still ahead of the old mark. The index is weighted to allow for the many stock splits, substitutions and other changes in the list over the years. The actual average price of the 30 stocks was about $57 in the 1962 low and $73 at last week's high. The AP average of 30 industrials hit a low of 285.8 in June 1962 and was up 110.7 points to its new high of 396.5 Thursday, sliding to 395.1 Friday. There are 21 stocks that appear on both lists. The AP index also is weighted for changes, but it started in 1935 compared with 1897 for Dow-Jones, and so the weighting is less, and the index figure smaller. Standard and Poor's index began in 1957 and also is weighted for such things as the number of shares outstanding in each component. Its 1961 record was topped last week at 76.65, the 425 stocks sliding Friday to 76.53. Although the Dow-Jones indus- Henderson Co. Bookmobile Stops Listed OQUAWKA — Starting the week of Sept. 9, the bookmobile will be at Terre Haute Grade School Monday 9:15 to 11:30 a.m. and Lomax Grade School 12:30 to 4:15 p.m.; Tuesday Gladstone Grade School 8:45 a.m. to 3:15 p.m.; Wednesday at Media schools 8:30 a.m. to 3:30 p.m. and Thursday Union High School from 8:45 a.m. to 3:15 p.m. Sept. 16 Raritan Grade School 8:35 to 11 a.m. and Terre Haute Junior High 12:15 to 3:15 p.m. Tuesday Stronghurst schools 8:45 a.m. to 3:15 p.m. Wednesday Oquawka Grade School 8:45 a.m. to 2:15 p.m. and Rozetta School 2:30 to 3:15 p.m. Thursday Biggsville Grade School from 8:45 a.m. to 3:15 p.m. These school stops will be made every other week during the months of September through May. Townspeople as well as students, are welcome to use the service. On the first and third Saturdays of each month the bookmobile will be at Dallas City 0:30 a.m. to 12 noon; Stronghurst 1 to 4 p.m. The second Saturday of each month, it will be at Gulfport 8:30 to 9:15 a.m.; Gladstone 9:30 a.m. to 12 noon and Oquawka 1 to 4 p.m. The fourth Saturday of each month it will be at Rozetta Station from 9:45 to 10:45 a.m.; Bald Bluff Station 11 a.m. to 12 noon and Oquawka from 1 to 4 p.m. trial index set a new high last week, only seven of the 30 stocks made their record tops this year. Of these two bettered their previous marks Thursday, one going still higher Friday. All 30 sold below their top prices in 1962. Still standing are historic records set by 8 in 1961; 4 in 1960 ; 5 in 1959; 1 in 1958; 4 in 1956; while 1 goes back to 1955 for its best days. Helping to send the market up have been: hopes of tax cuts, better than expected business gains, rising earnings and dividend payments, and above all the increasingly available money for stock purchases by pension, trust and mutual funds, and by banks and insurance companies. Cyrano de Bergerac, Rostand's hero, was a real person. BRILLIANT NEW IDEA IN HEARING AIDS The "COMFORT/EAR" is a really new idea in hearing ... in INCON SPICUOUSNESS ... in COMFORT and worn where it should be . . WITHIN THE EAR, where nature provided the ideal means of gathering sounds . . . Nothing behind ear — no cords — fits both ears — you can adjust the volume for individual needs and situations. Fully guaranteed —ideal for Church, theatre, business meeting, television, and every day conversation. The mold is designed to fit your ear. The internally mounted aid is constructed to do the utmost to compensate for YOUR hearing deficiency, for it is made . . . strictly in accordance with YOUR OWN personal Audiogram data. The mold is flesh colored and skin textured . . . absolutely does not protrude and is available right now. There are no batteries to buy ... up to3 years guarantee. If interested for yourself or a friend, write COMFORT/EAR P.O. Box 3085, Peoria, 111., for full, free information. Kirkwood WSCS Meets KIRKWOOD - The Woman's Society of Christian Service met at the church Thursday. Mrs. Glenn Smith read "Check List for Contentment." An announcement was made that Miss Zoe King's 35th anniversary as superintendent of the Langleyville Community Center will be observed with an open house Sept. 29. It was announced that the fall group meeting at Knoxville will be Oct. 4. Mrs. Verne Conway announced that the amount asked for supply work was $38, $25 of this amount for home missions and $13 for foreign missions. Mrs. Lorena Bryant reported that the parsonage committee had inspected the parsonage and found it in excellent condition. The 196364 budget amounting lo $1,172 was approved. Mrs. William Woods and Mrs. Lorena Bryant were in charge of the program, "Our Mission Today." They were assisted by Mrs. Park Byers, Mrs. James II. Pusey, Mrs. Verne Conway and Mrs. Lewi- Braselton. Hostesses for the afternoon were Mrs. Lelah Norman and Mrs. Lewis Braselton. Kirk"- ~ ..: 'o Mrs. Myrtle Stauffer, who had been a patient at Monmouth Hospi'- , l several weeks, was able to return to her home in Kirkwood Wednesday. Mr. and Mrs. Dennis Loan, newcomers to Kirkwood, held a family picnic Sept. 1 for Mrs. Loan's relatives. There were 39 present for the occasion. Mr. and Mrs. George Tape and children, Georgia, John and Scott, of Arroyo Grande, Calif., have been visiting a few weeks in the home of his mother, Mrs. Ruth Pape. COLLEGE BOUND? For speed and convenience.. PAY BILLS WITH A LOW-COST . ^ CHECKING ACCOUNT YOUR NAME printed on every check. • No minimum balance required. • No monthly service charge. • Checkbooks free — No advance payment. */ Any amount starts an account. • Only a small charge per check used. 100 Years of Continuous Business and Family Banking USE OUR CONVENIENT SOUTH PRAIRIE STREET PARKING LOT GALESBU "AN HAL BANK O. ii OALESBURG ILLINOIS MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION Viola Group Clears $58 At Benefit VIOLA - The United Presbyterian Women of First Church, held a meeting in the home of Mrs, Don Lloyd. Cards were signed and sent to some shut-in members, including Mrs. Carrie Russell, who observed her 91st birthday Sept. 9. It was announced that $58 was cleared at the recent basement sale, and the ways and means committee is making plans to serve a public supper Oct. 5. This committee displayed a group of new articles they had purchased for the church kitchen. Announcement was made of the Sept. 18 prayer retreat when Moline United Presbyterian Church will be the host, and of the Fall Presbyterial meeting in New Windsor Oct. 10. Visitors From West Honored At Viola Home VIOLA—Mr. and Mrs. George Griffin, and son Charley, with Mr. and Mrs. Jay Thrailkill, all of Riverton, Wyo., concluded a visit with Viola friends and relatives on their way to Ann Arbor, Mich, to pick up Miss Lynn Griffin, who Friday, completed a post graduate course there. Mrs. Mary Neighbors entertained 16 local relatives and friends Wednesday in their honor. The Wyoming guests projected slides of Wyoming, which included their annual roundup and branding on the Griffin ranch, where George and his brother Herschel run more than 1,000 head of Hereford cattle on the ranch and open range. Another daughter, Miss Georgia Griffin, won grand champion at a recent Wyoming fair on her Hereford steer. Maquon Area News Notes MAQUON — Mrs. Mary Faucon again is teaching in the Hanna City Grade School for her second year. Mrs. Lora Moses is teaching in the Middlegrove school this year. William Logue went to Quincy Saturday and spent over Sunday with his brother, John Logue, and family. Mrs. Russell Wilson took her daughter Sharon to Canton, where Sharon enrolled as a freshman student at the Canton Junior College. Earl, son of Mr. and Mrs. Frank Ferry, also will attend the Canton Junior College. Both students were graduated from the Valley High School last June. Mrs. Arthur Widmer is making daily trips to the Galesburg Cottage Hospital to see her husband who was taken to the hos- Recent Bride Is Honored At Shower EAST GALESBURG - Honoring Mrs. Lawrence Johnson, a recent bride, a shower was given this week in the home of Mrs. Richard Corbin, with Mrs. Forrest Squire as co-hostess. The former Marilee Higgins, daughter of Mr. and Mrs. Marvan Higgins, rural Galesburg, and the bridegroom, son of Mr. and Mrs. Walter Johnson of East Galesburg, were married Aug. 29 at the First Christian Church in Galesburg. Decorations were in the bridal colors of red and white, and mothers of the couple were accorded honors at the serving table. Guests attending, all East Galesburg neighbors, were Mrs. Jackie Bybee, Mrs. Lil Evans, pital by ambulance Aug. 30. He is reported slightly improved. Mrs. Judy Schneider, Mrs. Wayne Farrar, Mrs. Marion Krohn, Mrs. Dorothy Ritchie, Mrs. Edna Hinkson, Mrs. Ann Pherschy, Mrs. Hazel Leaf and Mrs. Alma Carlson. Also, Mrs. Domenic Calderone, Mrs. Marvan Higgins, M r s. Frank Cunningham, Mrs. Dorothy LaFoIlette, Mrs. Charles Squire, Mrs. Don Predrickson, Mrs. Walter Johnson, Mrs. James Bybee, Kathy Johnson, Denise Corbin and Mrs. Margaret Pouche. Best modern cymbals are made by an Armenian family named Zildjian, which has held the secret since 1623. READ THE CLASSIFIEDS! f vereit ft Jtnnlngt WHIIL CHAIR! M4t H 10 IfWtitt MNTAUelAlfl* tllMS Go West WEST DRUG CO., INC. 324 E. Main St. POSITIVELY! Your price of AMERICAN Heating Oil will not go above the price on your written guarantee. READ IT FOR YOURSELF PRICE GUARANTEE AMERICAN BRAND HEATING OILS 1963-64 HEATING SEASON MAY 1 , 1 y b i I H H O U d M APRIL i O , 1464 AMERICAN Huttr Oil AMERICAN Furnaot Oil— -I per gal. -<f. per gel. r We guarantee that through, out tba 1963-64 heating season your price will not be higher than the pricea shown above, (Above prices sspply to normal homo delivery quantities. For Guaranteed price on lesser quantities ... pleaiie contact your STANDARD OIL OFFICE.) L JOHN SMITH 123 MAIN STREET HOMETOWN. U.S.A. ~1 J STANDARD OIL aminos or lumen OIL coarm We also guarantee that should prevailing market conditions warrant lower prices, your prico per gallon will be reduced. Standard Oil puts the maximum price per gallon on face of guarantee you get when you buy American Heating Oil. *ONLY OIL, THE FIRST AUTOMATIC HOME HEATING FUEL, HAS MADE THIS PROMISE STANDARD OIL DIVISION AMERICAN OIL COMPANY IN GALESBURG CALL 343-5212 01063 AMERICAN OIL COMPANY R. J. "BOB" HERR R. E. "RAY" LEDBETTER 343-5212 Galesburg 343-5212 Galesburg L. I. TURNER A. R. SARGEANT L. K. RASK 289-8377 Knoxville Ph. 639-2202 WiHiamsfield Ph. 879-7361 * RssidenU Outside Galesburg Phone or Write to the Standard Oil Homo Heating Dealer Nearest You T Victoria

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