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Pittston Gazette from Pittston, Pennsylvania • Page 1

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Pittston Gazettei
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Pittston, Pennsylvania
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1
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A Gasette. Just Home Phone for 0L 1-Month 4-3311 Weather Increasing cloudiness to $1 DELIVERS night. Cloudy, milder and rain on Sunday. The Gazette to Your Temperature Max. 27 at 11 a.

m. Min. 8 5:30 a.m. 109th Year One of five U. S.

ser- vicemen held by the East German Communists and released unexpectedly, Lt. Richard H. Mackin, of Washington, D. is shown as he was reunited Weekly Established Established Daily 1882 1850 PITTSTON, SATURDAY, FEBRUARY 7, 1959 Twelve 01 Dollars Dollar Per Year- 5c Month Per Coo Six Pages Revision with his wite Kathleen, in Hanau, Germany. Mackin, an Army pilot who bailed out of his light liaison plane into East Germany, is a member of the 3rd Armored Division.

BABSON'S Authentic Statement By Roger W. Babson Babson Park, Feb. 7. -Although, in my personal opinion, the chances are now against one who buys common stocks for profit, these chances favor one who now buys the right stock for income. The reason The price of common stocks depends mainly upon the moods of 1 the people.

They buy according to how they feel, not according to facts. When the majority are optimistic, or tired of waiting for stocks to go down, they buy. The more impatient the buyers are, the more common stocks go up. The more impatient the people desiring to sell become, the more common stocks go down. The price of good-quality Cumulative Preferred Stocks, however, depends upon the money market.

When money is cheap, such preferred stocks sell high. When money gets tight and interest rates high, these Cumulative Preferreds go down in price. This means that most of these Preferreds can now be bought a discount of from to or more below par. WHAT KIND OF PREFERREDS TO BUY BABSON DISCUSSES BUYING STOCKS FOR INCOME The safest preferred stocks to buy are those' in growing industries. This does not mean the speculative industries such as the electronic group.

The time will some day come when stocks of electronic, companies, like motels, can be bought for "a dime a dozen." Just because a stock is that does not qualify it as a safe stock to buy for income. The fastest growing, probably the safest industry today is the generation and distribution of electricity- that is, the electric utilities. Demand for electricity is constantly growing, due to the frantic advertising of electric household aids from toasters to television sets. In addition, both electric heating and air conditioning are in their infancy. Great growth for these lies ahead.

In short, the electrical industry need not advertise, but can let Sears, Roebuck and the department stores of all cities pay for the advertising to increase sales of electricity. The K. W. H. of the nation are published each week.

Study these if you doubt my forecast. FREE FROM SEVERE LABOR TROUBLES Most industrials are subject to severe labor troubles; in fact, the chances are that the next depression will be brought about by union labor leaders. We have seen what can happen to the big newspapers and department stores by the strike in New York City of a few men who distribute the newspapers. The strike of the airplane pilots Premium Quality Coal -andHi-Grade Fuel Oil Prompt Delivery Consumers Gas Oil Phone OL 4-4682 Laws Sought Joan Wright Weds Charles Manganiello Miss Joan Wrig daughter of Mr. and Mrs.

Samuel Wright, 83 Johnson street, and Sgt. Charles Manganiello, son of Mr. and Mrs. Samuel Manganiello, Harding, were united in marriage today at 9 a. m.

in St. John the Evangelist Church. Rev. Thomas J. Hannagan, assistant pastor, officiated.

Given in marriage by her father, the bride had her sister, Miss Blanche Wright, this city, as maid of honor. Joseph Hugh Walsh, West Pittston, was best man. Breakfast was served at the Town Talk, South Main and was followed by a reception at the home of the bride's parents. After a motor trip, Sergeant and Mrs. Manganiello will live in Wallington, Va.

The bride is a former employe of the Pittston Apparel Co. Sergeant Manganiello is stationed with the U. S. Army in Virginia. John E.

Waters Taken By Death Rites Tuesday John C. Waters, 79, of 1228 North Main street, Avoca, died yesterday at 5 p. m. at Scranton State Hospital, where he was admitted a week ago as a surgical patient. Born in Avoca, he was a son of the late William and Mary McHale Waters.

He operated a barber shop on Main street, in the Borough for 50 years. He was a member of St. Mary's Church, and its Holy Name Society;" Pittston Council 372, Knights of bus, over 50 years, was a member of the Fourth Degree and served as a past grand knight. Mr. Waters served two terms as councilman from the Fifth Ward in Duryea and was also a Luzerne County sub-assessor.

Surviving are his wife, the former Anna Burns; one daughter, Mrs. Harold Tigue, at home, a teacher in the Duryea Schools; two sons, William, principal of Franklin Borough High School, N. and Lt. Col. John J.

Waters, with Air Force, stationed in Washington, D. four grandchildren. The funeral will be held from the home Tuesday morning at 9 with a requiem at 9:30 a. m. in St.

Mary's Church, Avoca. Interment, parish cemetery. Funeral Of Miss Greely Is Held The funeral of Miss Kathryn Greely New York City, formerly of Pittston was held this morn ing at 9:30 from the Stanley M. Leonard Funeral Home, 67 William street Pittston. A solemn high mass of requiem was celebrated at 10 a.m.

in St. John the Evangelist Church by the Rev. William J. Wheeler; Rev. Thomas gan, dacon; Rev.

Joseph Breslin, sub-eacon, Mary Elizabeth Connors was organist and soloist. Pallbearers were: John Andrew, John Hopkins, Edward Greely, William Langan, Paul Melvin and Frank Tracy. Burial was in Mount Olivet Cemetery, Carverton. bassador Herbert Siegfried looks on. In a brief informal meeting, Brandt put his strong views on the future of his isolated Western outpost before the Prime Minister.

Kennedy States Present Mining Laws Antiquated Secretary of Mines Joseph T. Kennedy said today it would be at least three weeks before rescue workers could reach 12 men entombed in a flooded mine in Luzerne county. Kennedy made the statement in a report to Gov. David L. Lawrence on rescue operations at the River Slope Mine of the Knox Coal Port Griffith, which was flooded Jan.

22 by water from the Susquehanna River. Kennedy told Lawrence that present State mining laws were "antiquated as far as they deal with modern methods and machinery now being used in mines." The Governor called for "full speed ahead" on proposed legislation to modefnize the State's mining laws. "I suppose we can expect pretty quick approval (of the legislation) in light of this tragedy," Lawrence said after the conference with Kennedy. State Sen. Harold E.

Flack last night advocated a "complete overhauling" of Pennsylvania's mining code by a joint state government committee as an aftermath of Mines Secretary Kennedy's report to the Governor. Senator Flack, who is scheduled to serve on a 10-member Senate-House committee which will investigate the disaster, declared that legislative action on quick changes in mining laws would only mean more amendments. He said that a more logical approach would be for the Legislature to direct joint state government committeecomprised of legislators, Department of Mines and other qualified individuals to undertake a full scale evaluation of the original mining laws and its numerous amendments with the objective of writing a code tailored to meet modern conditions. Kennedy's "proposed changes" were not spelled out in detailother than the recommendation for "more frequent inspection of workings." Under present law, all anthracite operations are required to be inspected at least once every three months. This apparently had no relationship to the Knox disaster since the River Slope workings had been inspected repeatedly since last September-by both federal and state inspectorswithout any clues being spote ted regarding, the condition which Susquehanna River waters to cascade into the operations last Jan.

22. The report to Governor Lawrence- in the presence of the press--also drastically curtailed the estimates as to the amount of water which flowed into the Knox operations, Based on estimates by the Army Corps of Engineers, it had been reported that up to 40 billion gallons of water entered the workings. Ralph Lambert, chief engineer of the department, told Lawrence that probably more than nine billion gallons of water rushed into the underground workings from the swollen river. He said the water flooded an underground area about three and a half miles long and a mile and a half wide. Lambert joined with Kennedy in estimating it would require two weeks to lower the water level 40 feet and insure against further flooding of adjacent workings.

The engineer said it would require another week or two weeks to lower the level hundred feet and allow volunteers to search for the 12 men. However, Lambert cautioned that it might require removal of much more water in a greater length of time before' the trapped men were reached. Asked if there was any hope of finding the men alive, Walter Giesey, Lawrence's Secre- Expert Radiator Repairing and Recoring. Addie's Auto Repair Ser. 801 Exeter Ave.

Disaster Fund Grows To $2,800: Como To Give Fund TV Boost Awards Will Be Presented Sunday School Students Mrs. Minnie Demech is chairman of the Church Sunday School program to be held tomorrow evening at 7 o'clock in the Fellowship Room of Second Presbyterian Church. Guest speaker will be Miss Louise Toro. Norman Evans is Church Sunday School Superintendent. Perfect attendance awards and pins will be presented to the following Church School members: Juliette Pillarella, 1 year pin; Marie Orlando, James Tarity, Frank Colangelo, 2 year wreath; Sam Maira, Richard Michael Orlando, Antoinette De Vergilio, 3 year bar; Carace Resio, Joseph Orlando, Falcone, Carmen Uritz, 3 vear bar; Carol D'Abbieri, Nicholas D'Abbieri, Angelo Falcone, 4 year bar; Norma Karichner, Anthony Martinelli, Rose Mary LaFratte, Gary Karichner, Frank Martinelli, Elizabeth Pillarella, Joanne Testa, 5 year bar.

Anthony Testa, Louise Forlenza, Sam Maira, Frank De Vergilio, 6 year bar; Susan Roman, Cheryl De Vergilio, 7 year Renia Yachna, Raymond Toro, John Resio, Janice Mandicott, Irene De Vergilio, 8 year bar; Jennie. Lucarella, Marietta Resio, Joyce Roman, Diane Tamburro, 9 year bar; Carolyn Demech, Tanya na, 10 year. bar; Carol Ann Galasso, 12 year bar; Minnie Demech, 13 year bar; Jennie Tamburro, 14 year bar; Sylvia Cardasia, 15 year bar; Albert Fidelbo, Tavaglione, 18 20 year bary 'Thomas year bar; Garzella, 27 year Following the service refreshments will be served by the Church Sunday School staff. Struck By Auto Wyoming Woman Mrs. Racheal Williams, 76, of 274 Monument avenue, Wyoming, was struck by a car while crossing at Kingston Corners last evening at 10:45.

Driver of the car was Joseph Poliska 18, of 287 James street, Kingston. Mrs Williams was admitted to Pittston Hospital with a possible fracture of the left hip. Her. condition is fair. tary of Administration, replied: "In the mine area there is always hope." Robert Groves, superintendent of the Knox Coal Co.

last night expressed that at least five deep well pumps will be functioning in the Port Griffith mine disaster area today and that the sinking pump in the River Slope operations will be able to resume its role in the dewatering project. Mr. Groves said that unexpected difficulties in clearing runoff ditches blocked with ashes, garbage and other debris -forced a delay in restoring number of deep well pumps to service yesterday. Only two deep well pumpsone at No. 4 Shaft and the other at the Schooley operations in Exeter pumped steady streams of water yesterday compared with the five or six Mr.

Groves had anticipated being in service. He said additional deep well pumps should work today at May, No. 4 and Schooley Shafts. A number of air lift pumps also are in use. Installation of timber reinforcements in the River Slopewhich forced suspension of sinking pump operationsshould be completed today.

The pump then will be returned to action. It was reported that the water level in the mines has dropped approximately 22 feet since the abyiss in the Susquehanna River bed over the Knox Coal Co. River Slope was plugIged on Jan. 25. -The first flight test of the ICBM Titan is seen blasting away from its launch pad at the missile test center in Cape Canaveral, Fla.

The 110 ton, 90-foot missile blasted off at 4:22 p. m. Father's Night Pittston Twp. PTA Tuesday "Father's Night" will be observed at the regular monthly meeting of the Pittston Township Parent Association on Tesday February o'clock at the Sheridan Patrok Solano, Secretary of the School District will be the guest speaker. The main topic of discussion will pertain to the latest development in relation to the directive recieved from the Department of Labor and Industry regarding conditions of our school buildings, Mrs.

Ralph Rostock president, will preside. A cordial invitation is extended to all interested citizens to attend this important and vital meeting. Still Seeking Patron Returns Hospital Dance Mrs. Stanley C. Mazaleski, ticket chairman for the recent Charity Ball fPittston HospiAuxiliary, requests any patrons who have not as yet made returns, to please do so as soon as possible, A complete financial report will be presented at the auxiliary meeting on Thursday, and it is hoped that all returns will be in before this date.

Benjamin Radar To Note 80th Birthday Benjamin Rader of 37 Curtis street, Pittston, will celebrate his 80th birthday on Tuesday, February 10th. Mr. Rader is a retired Lehigh Valley Railroader, having working for the railroad for 54 retired November 30, 1942, after years and sixx months. At the present time he is confined to his home because of a recent attack. UP SHE GOES With a shuddering roar, the first Nike Hercules blasts off at Fort Churchill, Canada, during Operation Snow-Jet.

A- joint pro- Port Griffith Disaster Fund got a lift from several substantial contributions yesterday according to announcement today by Vincent O'Hara, secretary. These contributions not previously listed are reported: $100," Luzerne County Tavern and Hotel Owners Association, Anthracite Overall Welfare Fund, Scranton; $25, William P. Bonser, Italian American Club, Olyphant, Dr. S. C.

Andalora, Anthracite Counties Council, Veterans of Foreign Wars; $10, Women's Club of Jenkins Township, Anonymous; $5, Miller, West Wyoming; Anonymous of Olyphant, Ellen Murphy, John P. Kelly, Jerome L. Levy of Kingston; $1, George Mihaljon. Mr. Mihaljon in barely legible writing forwarded one dollar from Lynn, saying "As this must be fund for families of those killed in the accident I want to give this Campaign leaders were greatly impressed by the simplicity of Mr.

Mihaljon's letter and his desire to contribute to the fund for the families of the 12 men entombed in the River Slope, Knox Coal since Jan. 22. William F. Medico, campaign chairman, reported last night that through the good influence of Gov. David L.

Lawrence and others, Perry Como, nationally known vocalist, will call upon his TV audience tonight to contribute to the Port Griffith Disaster Fund. Unofficial figures of the campaign indicate that about $2,800 has either been received or pledged. Contributions can be Chamber of Commerce offices, Miners Bank, Pittston. Funds collected through other sources eventually are expected to be turned over to the fund, including the proceeds from the FOB boxing show last Monday night in Scranton. City Merchant Fined, Pleaded Guilty, Lottery Joseph Piccillo, merchant, of 167 Pine street, Pittston, pleaded 1 guilty to a charge of lottery before Judge J.

Harold Flannery yesterday and was fined $100 and costs to be paid in 30 days. Simultaneously the court handed down an order declaring $266.70 taken from Piccillo during a raid by State Police from Wyoming Barracks on his premises forfeited. The court ordered one-half the money be given to Pittston Salvation Army and the other half to Pittston Red Cross. A large quantity of football pool tickets, sales slips and a commission book seized in the raid were ordered destroyed. The raid was made October 18, 1958, on premises at 155 Pine street, Pittston.

ject of the U. S. and Canadian Armies', Snow-Jet is a cold weather test of the Nike Hercules guided missile system. Former Resident Engaged NY Girl Mr. and Mrs.

Howard. Peter Halpin, 1547 Kemble street, Utica, New York, have announced the engagement of their daughter, Sheila, to Algird John Moceyunas, Syracuse, son 187 of Mrs. Peter Moceyurias, North Main street, Pittston and the late Mr. Moceyunas. Miss Halpin was graduated from Le 'Moyne College.

Her fiance is an alumnus of the University of Detroit and holds a Masters Degree in Engineering from Carnegie Tech. He is affiliated with the General Electric Company, Syracuse. A June wedding is planned. tied up Christmas travel. This condition is becoming more serious every year due to our cowardly Congress.

It, of course, is possible that the workers in the power house of a company generating tricity could strike on a cold winter day and shut off the light and heat from millions of homes. however, believe this would happen only once, if at all. There are three reasons: (1) Because so few men are needed to run these generators that the companies can pay high wages; (2) because any increase in wages can be passed onto consumers; and (3) cause ruch a strike would shut down all' industries of the city and cause mass unemployment. BUYING PREFERREDS FOR PROFIT Good Cumulative Preferreds bought now may later show a profit in addition to their income yield. Money rates will not always remain high.

They go up and down in cycles, as do common stocks and commodities. When money is again cheap, these Cumulative Preferreds should again sell higher. That may be the time to sell them, and invest in good common stocks when they are low. There is also another reason why these Cumulative Preferreds, now selling in the 80's, will again sell at par or over. Very few new issues will be put out at present low prices.

Those already issued will gradually be absorbed. As they are absorbed, and perhaps called, prices will recover. This will be encouraged by both the corporations and the investment bankers who are now loaning these corporations money, awaiting a time for issuing more stock. Hence, I repeat that the chances now favor Cumulative Preferred Stocks of electric power com- panies selling higher in as well as paying a safe income of near Readers need not fear the movement toward municipal ownership. This may be bearish on common stocks but not on cumulative preferreds.

GETTING TOGETHER West Berlin's mayor Willy Brandt (left) is being greeted in Ottawa, by Canadian Prime Minister John Diefenbaker (right) as West German Am- Pittston Hospital Births 'A son, today, to Mr. and Mrs. Raymond McGarry, of 33 Welch street. Mother is the former Anne Mitchell. A son, today, to Mr.

and Mrs. Lucas, rear 74. Parsonage street. Mother is the former Helen Wilson. A daughter yesterday to Mr.

and Mrs. William Gildea, 207 Spring street, West Pittston. Mother is the former Mary Pauline Casey. BARBS By HAL We're scheduled for nice week-end but on the cloudy side. Uncle Zeb says: "When man becomes a success his wife takes most of the credit and Uncle Sam takes most of the cash." Experience is the thief who steals lots of your confidence.

Rain halted a speech by politician in the East. Rain often does come after dry spell. Second childhood sometimes is indicated by the way grown folks act at a party. Youngsters marched out carrying their school books when a fire broke out in a southern school. What a chance they missed.

We often wonder if people drive with their bright lights drive with their bright lights on just so we can't see where we're going. Aunt Minnie says: "There. Is no load heavier than a light woman." Did you -know that the Boy Scouts' National Court of Honor made 199 awards for heroism for meritorious service in 19577 Lots of people are working day and night to buy laborsaving appliances. What you don't dare say, you can write in your diary. Finnegan, You probably won't do anything about it, but February is a fine month to get out and prune deciduous trees and shrubs that may need thinning and shaping.

You might think this over. There's nothing that improves your driving habits like a lice car. Fellows if your girl tells you that she is suffering from gargalanesthesia, don't brood about it This is just scientific term meaning she isn't ticklish." Famous sayings: "It's a dicklish situation.".

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About Pittston Gazette Archive

Pages Available:
127,309
Years Available:
1850-1965