Freeport Journal-Standard from Freeport, Illinois on July 11, 1975 · Page 10
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Freeport Journal-Standard from Freeport, Illinois · Page 10

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Freeport, Illinois
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Friday, July 11, 1975
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Page 10 Freeport (III.) Journal-Standard, Friday, July 11, 1975 Stock Market Report NEW YORK (UPI) - Investors shook off the disappointment over a rise in the prime rate today to push prices higher in active trading on the New York Stock Exchange. ' Shortly before noon, the Dow Jones industrial average,. off more than two points at the outset, was ahead 3.60 points to 875.47. Advances pulled ahead of declines, 575 to 558, among the 1,602 issues crossing the tape. Volume on the New York Stock Exchange amounted to 9,270,000 shares shortly before noon EDT, compared with 14,220,000 traded during the same period Thursday. Some of the market's early weakness was attributed to New York's First National City Bank's decision to raise its prime rate to 7*4 per cent from 7 per cent. But analysts noted short-term interest rates, on which Citibank pegs its. prime, were lower' following the Fed's report of a $1.5 billion decline in the nation's money supply in the latest reporting week. The Fed had tightened credit recently because the money supply was growing at an unacceptable rate because of income tax rebates. IBM reported its recession plagued second quarter earnings slipped to $3.14 a share from $3.28 a year ago. The stock gained 3 to 2073,4 in active trading following the news. Walt Disney, which sparked a market rally earlier this week by.reporting a record third quarter, gained 1 to 533^. Polaroid, which has predicted better than expected earnings, gained % to 39%. •"•..' Skyline Corp. led the Big Board actives, off % to 20i£ on 294,400 shares, including a block of 271,200 shares at 2014. Travelers Corp. followed, off 14 to 27% on 113,200 shares. Texaco was third, up % to 27^ on 110,300 shares. 11 A.M. Quotes Courtesy of Edward D. Jones & Co. 11 N. Van Buren Avc. Telephone 233-3118 American Motors Corp .................. 6% AT&T ............................ ........ . ....... 50% Chrysler Corp... ................................ 14 Colt Industries, Inc .......... .. ........... 32% Commonwealth Edison ..................... 28 Commonwealth PFD ..................... 1314 Crum Forster ............ bid 24% asked 25 Exxon Corp ................ ................... 915^ Ford Motor Co.. ............................... .42 General Electric Co ....................... 5114 General Foods Corp .......................... 26 General Motors ........ . ................... .51% Goodyear ...................................... 19% Gould Inc ..................................... ,281,6 Holiday Inns ..................................... 14 Honeywell Inc ....................... . ....... 37% Household Finance Corp ................ " International Harvester.... ...... ...;.:. !.!28 Newell Companies ....bid 7% asked 7% Northwestern Steel&Wire .............. 4114 RCA ........ .............................. : ....... 20y 4 Sears, ...................... . ................... ..731^ Sundstrand Corp ............................ 24% Texaco, Inc. . ................................. 27% U.S. Steel Corp ......................... !....61% Westinghouse Electric Corp.. ...... ...18% Woolworth Produce CHICAGO (UPI) - Midwest gradable nest-run eggs: Steady; prices unch; large 43; medium 34. Livestock CHICAGO (UPI) — Futures on the Mercantile , Exchange today: High Low Close Prev. Live Beef Cattle Aug 47\40 46.40 47.10 47.20 Oct 42,32 41.55 42.20 42.05 Dec 41.20 40.50 41.15 40.95 Feb 40.65 39.80 40.30 40.00 Apr 40.50 39.62 40.10 39.60 Jun 41.50 40.50 40.90 40.50 Live Hogs Jly 56.65 55.75 56.45 56.80 Aug 53.75 52.77 53.75 53.50 Oct 47.85 46.85 47.85 47.65 Dec ' 47.85 46.80 47.85 47.65 Feb 46.70 45.75 46.65 46.62 Apr 43.45 42.50 43.00 43.25 Jun 43.70 42.80 43,70 43.60 Jly 43.35 42.90'43.35 43.70 Frozen Pork Bellies Jly 86.00 84.25 84.85 85.75 Aug fr 83.30 81.50 82.50 82.95 Feb 76.45 74.10 76.35 75.07 Mar 74.60 72.20 74.40 73.32 May 73.20 71.10 73.00 72.60 Jly 7i.20 69.12 70.90 70.60 Weather NORTHWESTERN ILLINOIS Partly cloudy with a chance of thundershowers tonight. Saturday will again be partly cloudy and continued cool. Low tonight in the upper 40s to low 50s. High Saturday in the low or mid ?ns. Official 7 a.m. Freeport weather readings are taken at the city's wastewater treatment plant on South Hancock Avenue (or the National Weather Service.) TEMPERATURE Unofficial noon temperature 62 Past 24 hours: high 73, low 49 Year ago today: high 97, low 67 Records for date: high 109, low 42 PRECIPITATION Past 24 hours .0 inches Month to date .98 inch Normal for July 5.34 inches Year to.date 17.12 inches Normal to Aug, 1, 24.05 inches Sunrise, 5:30 a.m. Sunset, 8:34 p.m. Extended Forecast: Illinois; Partly cloudy to mostly cloudy and a gradual warming trend with a chance of showers or thunderstorms south Saturday through Monday. Highs 74-82. Lows 55-65. M**>:#:W8^^ JOLIET, 111. (UPI) - Livestock: Cattle 1,000; steers and heifers steady to strong; choice steers 48.5054.00; good and choice 44.50-49.50; high choice heifers 49.50; average to high choice 48.00-49.00; good and choice 42.00:44.50; no canner or cutter cows. Hogs 700; steady; No 1-2 200-230 Ib 58.00-58,50; No 1-3 200-240 Ib 57.50-58.00; No 2-3 240-260 Ib 56.50-57.50; No 2-4 260- 28Q Ib 55,QO-56;50. Monday estimated receipts: 4,500 cattle, 1,200 hogs. PEORIA, 111. (UPI) - Livestock: Cattle 150; market not established Hogs 4,100; fully steady; No 1-2 200230 Ib 58.00-58.50; No 1-3 200-240 Ib 57 5058.99; No 2-3 240-260 Ib 56.50-57.50' 260280 Ib 54.50-56.50; No 3-4 280-300 Ib 53.0054.50. ' '. - •- • ' • - '.•.-*, Deaths And funerifs Grain CHICAGO (UPI) - Wheat and soybeans were substantially higher and corn higher at noo-i 'oday on the Board of Trade. High Low Close Prev. Wheat Jly 362 345 361-% 343 Sep 370 352 367^3501/6 Dec 37934 362% 378% 360% Mar 391 372 289^372 May 390i£ 372^ 389^ 372 Corn Jly 2891^28214289 2831,4 Sep 275 2643^274 26514 Dec ' 2641/& 254 2641/4 254i/£ Mar 2713^ 261 2713,4 2613,4 May 2761/6 26614 2761/6 2661/6 Jly 278l,£ 268 278^ 268% Oats Jly 160 1541/4 1591/6 155 Sep 15034 14514 15014 146 Dec 1521/6147 152 14714 Mar 156% 152% 156 15034 May 156 154% 156 15U4 - Soybeans Jiy 57514557 5751455514 Aug 55434 547% 55434 54434 Sep 563% 546 56314 543% Nov 565% 547% 565% 545% Jan 572% 555 572% 552% Mar 58214 564 58214 56214 May 587 572 587 567 Jly 593 578 593 573 Soybean Oil Jly 26.50 24.85 26.30 24.85 Aug 24.90 24.00 24.90 23.90 Sep 24.35 23.35 24.35 23.35 Oct 23.65 22.70 23.65 2265 Dec 22.98 22.15 22.98 21.98 Jan 22.65 21.95 22.65 21.65 Mar 22.48 21.75 22.48 2148 May 22.28 21.75 22.28 2128 Jly 22.10 21.55 22.10 21.10 Soybean Meal Jly 128.50126.50 127.50 127.00 Aug 132.00 129.80 130.70 129.80 Sep 135.00 131.00 132.00 131.50 Oct 136.50 133.50 134.50 134.00 Dec 140.00 137.00 138:30 136.50 Jan 141.00138.00140.00139.00 Mar 145.50 142.50 143.50 142.30 Police Riot Claimed By DennisJ3>anks CUSTER, S. D. (UPI) ••'- American Indian Movement leader Dennis Banks, on trial on charges stemming from the 1973 burning of the Custer Chamber of Commerce building, has told a jury the atmosphere in the state led to a/'police riot." Banks' is charged with second-degree arson, third degree burglary, assault with a dangerous weapon without intent to kill and one count of riot while armed with a dangerous weapon. The building was burned when a con. frontation between police and AIM demonstrators grew into a riot. In his opening statement Thursday, Banks said the 1973 incident occurred because "the state of South Dakota had created an atmosphere that led directly to a police riot." Six-Year-Old Rides Into Path Of Gar Six-year-old Roger Ennenga, 112 E. Frank St., was hit after he rode his bicycle into the path of a car Thursday evening, sheriff's deputies reported. He was taken to Freeport Memorial Hospital; by a fire department rescue unit and was treated for a bump on his head and abrasions to his shoulder. Sheriff's deputies reported that the boy rode his bike from an alley onto East McClurg Street west of North Henderson Road into the path of a car driven by James W. Rhea, 400 E. McClurg St. The boy and his bike were thrown about 12 feet by the impact, deputies reported. No tickets were issued. Bath Shop Opens On Plaza This Week The Powder Room, a bath shop relocated, from Sterling, has opened business on the Downtown Plaza between Osco's and Bowman's Shoes at 15 W. Stephenson St. The store offers a variety of bath items left over from the closeout of the Sterling store. Two sisters, Mrs. Betty Herrmann of Freeport and Mrs. Helen Reeser of Sterling, are operating the store. Business Briefs Robert J. Laird, 716 W. Elk Sti, controller for Rockford Bolt and Steel Co., recently attended a seVninar in Chicago conducted by the Society of Manufacturing Engineers and completed their course in manufacturing threaded fasteners. He also has joined the Rockford chapter of the National Association of Accountants. THE ILLINOIS STATE LOTTERY The lotto numbers chosen in the Illinois lottery Thursday were 31, 49, 25, 29 and 15. The bonanza and millionaire game qualifying numbers were 998,698 and 876. It (s a principle of American Justice that an Individual Is always presumed innocent until proved guilty and a report that anyone Is charged with an offense cannot be construed as proof that he committed the offense. We rely upon official records for'the Information published In this column. Circuit Court CRIMINAL CASES Darlene D. Clark, rural Orangeville, pleaded guilty to a charge of driving while intoxicated and was ordered to pay a $500 fine and $5 in court costs. Robert Adams, 600 N. Gilmore Road, was bound over to the Stephenson County Grand Jury on a charge of taking indecent liberties with a child. His bond was reduced from $10,000 to $2,000, but he was still remanded to jail for lack of bond. Mark D. Ruby, Moline, and William Wilson, East Moline, pleaded guilty to charges of theft after their arrest Thursday night in Ridott. They were placed on one year's probation, ordered to pay $15 in court costs each and given two days jail credit for being in jail Thursday night and this morning. They took a battery from a car in Ridott. James Fransen, 806 N. Hunt Ave., failed to appear on a charge of possession of property stolen from Earl Zink,. and a judgment was entered against him. He was fined $1,000 and ordered to pay $39 in court costs. He took less than $150 cash from Zink. Julie L. Stitz, Monroe, Wis., and Lorraine K. Brinkmeier, 408 Chicago Place, were both ordered to pay $25 fines on charges of curfew violation. Thefts Anna Mae Allen, 473 S. Benton Ave., told police that two $10 bills were taken from her purse early today. Other persons were in the house and had access to the purse which was on the kitchen table, she said. John Gorence, 2110 W. Revere St., told police he left his Rawleigh 26-inch 10-speed bicycle at the Village 66 service station Wednesday night and Thursday morning the $125 bike was gone. Accidents Early today, a car driven by David L. Ferguson, 246 N. Foley Ave., skidded.pn Henderson Road south of East McClurg Street and hit a utility pole. Ferguson, who was slightly injured in the accident, was ticketed for negligent driving. As Emma J. Thiele, 719 E. Illinois St., was turning her car at Illinois 26 and Ruby Road Thursday evening, it was hit in the rear by an unidentified truck. The truck left the scene. Divorces Glenn Folgate, 405 W. American St., was granted a divorce from Irene Folgate, Epworth, Iowa, on grounds of mental cruelty. They were married Jurte 22, 1969, in Galena; * Judith Truman, 855 W. Cottonwood St., was granted a divorce from Norman L. Truman, 303 S. Walnut Ave., on grounds of mental cruelty. They were married Dec. 29, 1957, in Rock Grove. Custody of their three children was awarded to the mother. Federal Court The July Federal Grand Jury indicted Alece M. Durham, also known as Lois G. Butenhafe, Rockford, on a charge of transporting a stolen motor vehicle across state lines. She was charged with taking a motor vehicle from Rockford to Phenix City, Ala. Robert Fane Gets 4-6 Years For Robbery Robert Fane, 515 E. Iroquois St., was sentenced in Circuit Court Thurs- dayto not less than four nor more than six years at the Illinois Department of Corrections for the armed robbery of Mrs. Anna Stearns last February. Fane was by the Stephenson County Grand Jury in April on the armed robbery charge. He threatening Mrs. Stearns with a gun on Feb. 21. He had pleaded not guilty to the charge June 12. Fane appeared before Circuit Judge Everett Laughlin. Thirst For Beer Adds 60 Days To Man's Sentence The desire for a can of beer on a hot night resulted in an additional 60 days in the Winnebago County Jail under periodic imprisonment for, George Leemhuis of Rockford. Leemhuis appeared in Circuit Court here this morning on a petition to revoke his probation after he climbed out of the Winnebago County Jail, went to a nearby tavern and bought a six pack of beer and then climbed back into jail. He is serving 180 days in the Winnebago County Jail under periodic imprisonment for a Stephenson County drug charge dating back to June 27 1974. ! Crum & Forster Two Persons Hurt Honors Retiree In Thursday Crash Two persons were treated and re leased from Freeport Memorial Hospital for injuries they received in a two,car crash on Illinois 26 north of the Pecatonica River Thursday afternoon. Larry Chapman, rural Orangeville, was treated for lacerations and abrasions. Regina Zell, Ghana, was treated for a bruise to her left shoulder. Stephenson County Sheriff's deputies reported that a car driven by Lucille M. Zell, Ghana, was the third in a line of stopped cars waiting for men working in ihe road. They said*the Chapman auto hit the Zell car from behind. Regina was a passenger in the Zell auto. Liquor Store Robber Draws 3-9 Years Bobby Gaston, also known as Donald Woods, Rockford, who was involved in ihe May 23 holdup of the Raih Liquor Store, 219 E. Stephenson St., was sentenced to not less than three nor more than nine years at the Illinois Department of Corrections by Circuit Judge Everett Laughlin Thursday. The store was robbed of $1,278. Four suspects, William Jimmy Dickens Jr., 522 N. Willow Ave., and Van Iverson, Charles Frank Woods and Gaston, all of Rockford, were arrested a short time later. , " Dickens, Iverson and Woods were indicted by the Stephenson County Grand Jury on armed robbery charges in June. Gaston was indicted on a robbery charge. Charges against Dickens were later dismissed. Court action against Iverson and Woods is pending. Aggravated Assault Brings Jail Term John E. Gaskill, rural Pearl City, was sentenced to 60 days in jail and was fined $800 on a charge of aggra- ' vated assault, A ,12-member jury found Gaskill guilty of the charge which stemmed from his .pointing a gun at Jerry Goodman on Sept. 7 last year. He was also placed on 18 months conditional discharge. Mrs. Esther Abels, 1007 S. West Ave., was honored .Thursday ,at a retirement luncheon for 20 years of service with Crum & Forster Insurance Co. Mrs. Abels was presented with a tape player and portable television from her friends and the company and an electronic calculator from her daughters. Sixty-nine persons attended the luncheon held at the Elks Club. C.W. Morell served as emcee. Holland F. Myers PEARL CITY-Rolland F.' Myers of rural Pearl City died Thursday at home.. : : Me farmed many years at Bolton arid Loran. He was a member of Salem United Church of Christ, Loran. : Born Sept. 17,1894, in Bolton, he was the son of Henry and Rachel (Althof) Myers. Surviving are two brothers, Arthur of Freeport and Frank of Pearl City; and a sister, Mrs. George (Pearl) Heid of McConnell. He was preceded in death by a sister and three brothers. Funeral service will be at 2 p.m. Sunday in Offenheiser-Schwarz Funeral Home here. The Rev. Cyrus Pollard of Mount Carroll will officiate. Burial will be in Highland Cemetery. Friends may call after 4 p.m. Saturday at the funeral home. Mrs. Larry Anderson BELVIDERE-Mrs. Larry (Deborah) Anderson of Belvidere, a sister of Mrs. Ruby Smith of Freeport, died Wednesday night in Rockford Memorial Hospital after a brief illness. She was 21. . Surviving besides Mrs. Smith are her husband; her parents, Mr. and Mrs. Paul Glover of Belvidere; a, daughter, Kimberly, at home; and two other sisters of Belvidere. Funeral service will be at 1:30 p.m. Saturday in Immanuel Lutheran Church here. Burial will be in Highland Garden of Memories. Friends may call from 7 to 9 tonight at Buck-Wheeler-Hyland Funeral Home here. Mrs. Fred Holland WARREN-Mrs. Fred (Louise) Holland of Warren died this morning in St. Clare Hospital, Monroe, Wis. Born Oct. 3, 1918, in Gratiot Township, Lafayette (Wis.) County, she was the daughter of Frank and Mary (Smith) Ganshirt. Surviving are her husband; three sons, Bernard, Daniel and Mark, and a daughter, Susan, all of Warren; a brother, Roy of Gratiot; and five sisters, Mrs. Gladys McKendry and Miss Francis, both of Shullsburg, Wis., Mrs. Unemployment Fraud Case Handled Here :William E. Johnson, 212 E. Winslow. St':, pleaded guilty in Circuit Court to a charge of unemployment fraud Thursday. . ' Johnson was placed on two years conditional discharge, ordered to pay $22.40 in court costs and was ordered to make restitution to the Illinois Employment Office. Court-records showed that'Johnson; reported he received no income during the months of October and November last year. In. reality, court .records showed, he earned $1,816.44 during that iime. He was paid $616 in unemployment compensation during the period and was ordered to pay it back at a rate of $30 a month. Ace' (Ellen) Tyrrell of Tucsott, Ariz., Mrs. Camilla Whalen of Wauwatosa, Wis., and Mrs. Robert (Virginia) ; Sosinsky of New Richmond, Wis. Funeral service will be at 10 a.m. Mphday in St. Anne's Cathoffc Chjirch here. The; R£|, Jphh:p^lan^pa^Qr, will Revs. Dennis .and Daniel Ganshirt of Madison, Wis,',.nephews of Mrs. Holland. Burial will be in the church centr etery. .'..'! -. •""• Friends may; call a't Bartell Funeraj: Home, Warren, after 2 p.m. Sundayc The Rosary will.be recited at 8 p.m.x A ? W. Bodell -., x GALENA-A. W. Bodell of Galena, a; retired area farmer, died Thursday in Galena Hospital Nursing Wing after an extended illness. , Before farming, he operated a livery stable in Galena. ' Born Feb. 29, 1884; in; Vinegar HJU1 Township, he was the sort of George and Evangeline (Liddle) Bodell. He married Louise Peters July 3, 1912, in Austin, Minn. She died Dec.; 29, 1956Z He later married Carrie Boyle, who: died Dec. 24,11974. "I :'; ; vlf: Surviving are three daughters, Mrsr '. Laverne Zeal, Mrs. Bertram (Violetf Harney and Mrs. Ruth Click, all of Galena; two sons, William of Hazel Green, Wis.,-and Dale of fural Galena;: a sister, Mrs. Florence Henderson of Dubuque, Iowa; 20 grandchildren; and 29 great-grandchildren. 7 Funeral service will be at 2 p.m. Sunday in Furlong Funeral Chapel.- The Rev. Robert Prater will officiate. Burial will be in Greenwood Cemetery. Friends may call after 2 p.m. Saturday at the funeral chapel. : Susan Vesely r. SAVANNA-Susan Vesely of Savanna, 15, died Thursday in University Hospital, Madison, Wis., after an extended illness. >• She was a sophomore at Savanna High School arid attended Oak Park Bible Church here. Born Sept. 1, 1959, in Savanna, she was. the daughter of Gene and Ada (Schall) Vesely. ' Surviving are her parents; five sisters, Judith of Galena, Mrs. Terry (Pamela) McQuisten of North Powder, Ore., Cheryl of Davenport, Iowa, and. Patricia and Merri, : both at home; two '•'• brothers, Bill and Paul, both at home; and her grandmothers, Mrs. Ella Schall of Cookson, Okla., and Mrs. Jennie Vesely of Savanna. Funeral service will be at 2 p.m. Sunday in Oak Park Bible Church. The Rev. John Best, pastor, will officiate.: Burial will be in Savanna Township- Cemetery. • .-•,•-. ; -• Friends may call from' 7 to, 9 p.m ~ Saturday at Law-Jones Funeral Home' here. '••-: NEWLY APPOINTED Associate Circuit Judge Lawrence Smith Jr. of Savanna was In Freeport Wednesday and Thursday afternoons- his first visit since taking office July 1. Judge Smith was selected by the circuit Judges in the 15th Judicial district for a four-year term and replaced Associate Circuit Judge James Thorp, who was not reappointed. Judge Smith will serve Stephenson County approximately two days each week.-Journal-Standard Photo. CORRECTION . , It was incorrectly reported to The Journal-Standard Thursday that John C. Campbell, 48 S. Hancock Ave., was found .guilty of driving while intoxicated. He was found guilty of reckless driving, not driving while intoxicated. FUNERAL DIRECTORY BURKE-TUBBS FUNERAL HOME Cor. N. Walnut and W. Galena Phone 232-0613 / - --•• . SERVICES TO BE ARRANGED PERKINS, Jay V.; Memorial Services will be held at a later date. ;' No visitation. A memorial has been established in his memory for the High 12 Club. SCHWARZ FUNERAL HOME 816 South Galena Avenue Phone 232-9017 G.T.Schwarx,W.R. Cramer . SUNDAY MYERS, Holland F.; 1 2 p.m. at the Offenhciser-Schwarz Funeral Home, Pearl City. Friends may cail after 4 p.m. Saturday. WALKER MORTUARY 321 West Main Street Phone 232-2136 SATURDAY LINK, Mrs. Edna; 10:30 a.m. at the Mortuary, Friends may call after 4 p.m. Friday A memorial has been established In her Unlted CYCLE SHOP 25 West Stephenson On The Plaza ' 232-2368 Complete Service On All Make Bicycles Lowest Service Rates In Freeport! We've Added More Shoes To The Racks!!! DAIRY DREEM SOUTH —. 1428 S. Galena Ave. — WEST — 1260 W. Galena Ave WE HONOR Have You Trie.d??? "FUDGE-ANA" You get 3 hills of vanillg.ice cream in a boat, a split of ba nana on each side, topped with Hot Fudge and whipped cream. Generously garnished with nuts and a cherry in the middle. Double Ummmmmmmmm! Shop Tonight Until 9 P.M. On The Plaza

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