Alton Evening Telegraph from Alton, Illinois on July 15, 1963 · Page 7
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Alton Evening Telegraph from Alton, Illinois · Page 7

Alton, Illinois
Issue Date:
Monday, July 15, 1963
Page 7
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MONI3AY, .18, 1963 ALfON EVENING Telegraph tteporte News of Business^ Industry in Area Tnkcs Over Nursing Homr James Myrtck Sr,» owner of the Caseyville Nursing Home, has purchased the Main Street Nursing Home in partnership with Bruce West, effective July I. Some remodeling of the building Is underway and eventually the partners expect to accomodate 40 patients, Present patient population is eight. Myrick said. ; He has operated the Caseyville Nursing Home for about a year Myrick said. The Main Street Home, like the Caseyville Home, Is for Invalids, diabetics convalescent post operatives, chronic aged retired guests and the bedridden. Purchases Ward Tire Co, Bond Tiro Co., one of the oldest and largest Independent tire dealers, with branches in East St. Louis and Oollinsvilie, has completed the purchase of the Ward Tire Company at 2012 E. Broadway in Alton. Bond Tire Co. will carry a complete line of Armstrong Tiros for passenger cars, trucks, tractors and boat traitors. Eoy J. Ward, who operated the Ward Tire Co. for the past six months, will continue as manager. In New Position at Flexonics A former resident of Alton and Wood River, E. V. Tedford, is the new employe and community relations director for the Flexonics Division of Calumet & Hecla, Inc. Tedford comes to Flexonics from Olin Mathieson Chemical Corp.,'Jollet,-.where he was industrial relations manager. A native of Nauvoo, 111., he received AB and LLB degrees from the University of Illinois. After serving two years as a judge advocate in the U. S. Air Force, Tedford joined the labor relations staff of Olin in 1954 at East Alton. He was named labor relations supervisor at East Alton in 1.957. Opens New Collage Hills Market C. M. Brown, owner of Brownie's .'Tom Boy Market in Cottage Hills, is announcing the opening of a second grocery store to be known as Brownie's, Fourth Street Market at 321 Stanley Rd. .Ho opened for business Thursday after completely redecorating the store. A formal grand opening is planned for later. . The store which is smaller than his present, grocery is a self-service type convenience store. A Doughnut Shop in Carrolltoii E. R. .Guffey, who was manager of the Alfeld Super Market in'Carrollton'until it was sold several weeks ago, is opening a doughnut shop in Carrollton next week in the building,on Fifth street which is being vacated this week by"Carter's Restaurant. The doughnut business was purchased by Quffey from Mr. and Mrs. Floyd Kimbro who are now living in Florida,, , : ' • " ' ' Mr. and Mrs. Harry Carter Jr., who operated the restaurant ; have purchased the residence and store building at Belltown and are making their home there. They will operate a grocery store. .Will Attend Convention IJerb" Waller, of Villa Ridge in Godfrey, and ';• EarpMcGhihis,549 N. jJnd-Sti, Wood River, agents v"; for the 'American 'Family Insurance "-Co., will attend the national convention of the company at Estes ParkrColo., Jiily 17 through July 20. Ex; penses for' the convention are paid by American • Family. ; Cox Transferred to Rockford ''' Robert W. Cox, a member, of Alton Box Board's Paperboard Division sales staff has been transferred to 19 Rockford, III, to be in charge of the new Paperboard jui Division Sales Office in the Rockford area. Sep ; His territory will include Northern Illinois, Eastern Iowa, Southeastern Minnesota and Wisconsin. Cox is married and has two daughters. Added to Regular Line Refinements developed in both annealing and cold rolling techniques at the Olin brass mills at East Alton and New Haven, Conn, have enabled the company to add the new high-strength tempers to its regular line of copper-base spring alloys. Some of the mechanical properties had been available previously only on a special order basis, and two entirely new tempers—named Olin Super Spring and Olin Ultra Spring—are being offered for the first time. Levis Urges Tax Reduction Owens-Illinois Glass Co. Board Chairman J. P. Levis recently accepted membership on the newly formed Business Committee for Tax Reduction in 1963, joining several hundred business leaders who support the committee's proposals being presented to Congress. Levis also sent telegrams to members of the House Ways and Means Committee, urging "prompt, substantial and broad cuts" in both individual and corporate tax rates. Sales Exceed $5 Million Investors Security Life Insurance Co. of Arlington Heights, which sold $100 million of insurance during thevfirst'2 a /^ years of operation and established a world record for production, apparently has not slowed down its pace. James H. Hall, President, and \Garry F, Council Jr., Executive Vice President, (Do-Founders, reported that production for May was in excess of $5 million. The company is a pioneer in the field of com' bination programs, which are known as balanced investment plans consisting of high cosh value insurance with guaranteed annual cash returns plus, if desired by the purchaser, Shares in a mutual fund that holds insurance stocks. OWN YOUR SHARE OF AMERICAN BUSINESS ' V QHp Incom? U good. Two Income* are bettor. th« ijian vfho owni iom« »tpck, or a few company, Announce Hemphill Realty Sales The Marty F. Hemphill Agency today announced last week's real estate sales made by their ageti- y. * For Mr. and Mrs. George Ghent, their six room home located at 101 S. 7th St., Wood Rlv* or, was sold to Mr. and Mrs, Mnrion L. Fosha. The business building located at 701 Madison Ave., Wood River, was sold for Mr. and -Mrs, Herbert Wlckenhauser to Mr. and Mrs. Marshall L. Williams. Mr. and Mrs. Arthur E. Phillips purchased ihe s i x room home located at 906 McKinley Blvd. Tills liome was previously owned by Mr. and Mrs. Edward Parks Jr. For Mr. and Mrs. Eugene Koehne, the vacant lot located in Koehne Subdivision, Brighton, was sold to The Brighton Christian Church. This is the selected location for the future erection of Ihe new Brighton Christian Church, For Mrs. Lenora Gethlng, widow of the late John Gething, their six room brick home located at 2327 Fairview Dr., was sold to Mr. and Mrs. Clfiton E. Newcomb Jr. The six room brick home located at 824 Douglas St., was sold to Mr. and Mrs. George McNelly to Mr. and Mrs. Ronald D. Roberts. Mutual Funds Prices dtt 16 following is a list of 16 mutual Investment fund stock quotations provided to the Telegraph by Newhard, Cook Co., through its Alton office. These stocks are selected on (he basis of their sales and ownership in the area. The quotations are yesterday's closing. Issue, tttd. Asked. Afftl. Fund 8.10 Broad St. ..; 14.19 Bullock .... Caplt. Stirs. Divid Shrs. Cap. Fund Tr. ., Fid. Fid. Fid. Fund Inv. Keystone K-2 5.20 Keystone S-4 Mnss. 13.40 11.05 3.39 . 8.67 16.11 14.23 9.86 Mass. Tr. Grth. Nation W. Sec. 4.22 14.77 8.19 22.62 Nat. Inves 15,32 Tevev. El. 7.46 8.?6 15.34 14.69 12.10 3.72 9.42 17.42 15.47 10.81 5.69 4.62 16.14 8.95 24.47 16.56 8.13 News of Grains Most Prices Cut Sharply CHICAGO (AP)— Prices of most commodities were sharply lower in the grain futures market today after a burst of heavy selling drove buyers to the sidelines, on the Board of Trade. The pressure reflected a bearish influence of heavy and general weekend rains in the Midwest. It was described as having halted deterioration of corn and soybean crops in all areas and probably averted a disaster. Carlot receipts were estimated today? at: wheat 808 cars, corn 240, oats 27, rye 1, barley 37 and soybeans 77. CHICAGO (AP)— Wheat No; 1 red 1.84-84%; No 2 red 1.84%; No '3 red 1.83%; No 1 hard 1.95V 2 ; No 5 hard 1.92 V 2 ; No 1 yellow hard 1.95%-%. Corn sample grade yellow 1.22%. Oats No 1 extra heavy white GO'/l. No soybean sales. CHICAGO (AP)- Prcv. High Low Close close 1.81 1.79V4 1.80V6 1.78% 1.83% 1.81% 1.82% 1.81 1.89% 1.88 1.89% 1.89% 1,92% 1.91 1.92% 1.907s 1.87% 1.86 1.87% 1.86 Livestock Prices At East St. Louis NATIONAL STOCKYARDS, 111. (AP) - (USDA) — Hogs 8,000; barrows and gilts 1-2 190-240 Ib 18.75-19.00; mixed 1-3 190-250 Ib 18.50-85; 1-3 170-190 Ib 17.59-18.50; 1-2 150-170 Ib 16.00-17.50; 120-150 Ib 13.00-16.25; cows 1-3 275-350 Ib 16.00-50; 2-3 350-400 Ib 14.75-16.00; 2-3 400-500 Ib. 13.50-14.75, 500-625 Ib 12.75-13.50; boars 10.75-13.50. Cattle 5,000; calves 250; slaughter steers, small lots and few loads choice 975-1,250 Ib 24.5025.25; mixed good and choice 1.050-1,150 Ib 24.00-50; good 22.5024.00; slaughter heifers choice 750-950 Ib 23.50-24.00; good to low choice 22.00-23.50; cows, utility and commercial 14.00-15.50; bulls utility to good 17.00-19.25; good and choice vealers 24.00-28.00; standard and low good 19.00-24.00 cull and utility 15.00-19.00; good and choice slaughter calves 19.00 23.00. Sheep 1,200; spring lambs bulk good and choice 80-110 Ib 19.00 21.00; choice and prime 90-105 11 21.00-22.00; Utility and good 15.00 18.00; cull and utility 10.00-15.00 slaughter ewes cull to good shorn 4.50-5.50. /Yetos of Slocks Market Feels Sharp Loss NEW YORK (AP)—The stock arket was down to a fairly harp loss in moderate trading te this afternoon. Volume for the day was estimated at 3.4 million shares com- ared with 3.6* million Friday. Losses of key stocks went from factions to about a point. It was the fourth straight daily ?clinc. Most losses were frac- onal and many key stocks were nchanged, but declines of a point r so by several blue chips de- ressed the popular market av- rages. The downward trend took in lost major sectors of the list- ails, motors, steels, oils chemi- als, tobaccos, drugs, utilities, onferrous metals and others. Xerox dropped a halt dozen wlnts as traders took profits ow that the news was out on its ig upsurge in profits. Control Data and Texas Instruments lost more than 2 each. Beckman Instruments rebound- d more than 2 points from re- :ent big losses. Chrysler recovered a fraction if a one point loss. Lockheed fell more than 2. Du Pont was down about 2. Losses of a point or so were taken jy American Telephone, Interna- ional Harvester, Eastman Kodak, 'exaco, VIerck. Produce Prices At St. Louis ST. LOUIS (AP) — Eggs and live poultry: Eggs, consumer grades; A largi 30-32, A medium 24-25, A smal 17-19, B large 26-27, wholesal grades, standard 25%-26, unclas sified farm run 23-24, checks 18 20. Wheat Jul Sep Dec Mar May 1964 Corn Jul Sep Dec Mar May Onts Jul Sep Dec Mai- May Rye Jul Sep Dec Mai- Jay 1.59% 1.59% 1.59% 1.61% 1.60% 1.61 1.61% 1.28% 1.27% 1.28 1.29% 1.22% 1.21 1.2134 1.24 1.16% 1.15 1.15 1.17% 1.19% 1.18^ 1.18% 1.20% 1.21% 1.20% 1.21 1.23% Hens, heavy 12-13, light over Ibs 9-10, under"5 Ibs 7-8, comme cial broilers and fryers 16%-17. SEOUL — Large Quantities o concentrated copper are are re ported moving into Korea. J & A Springman Has A Complete GARDEN CENTER Codlrcv. 111. Ph. 406-3431 Faith Community Church to Meet at Godfrey School Faith Community Church, which has met until recently in the old Mason School building, will hold religious services beginning July 17 in the Godfrey Grade School, Mulberry and Godfrey roads. An independent, conservative group, the church was organized in 1961. Reformed in doctrine, the group has adopted the Westminster Confessional standards and has both elders and deacons. A decision of the Alton Board of Education to use Mason School for classes has made the move to the Godfrey school necessary. The Rev. Robert Dunn, ordained minister of the Evangelical Presbyterian Church, is presently serving as supply pastor. He is a former pastor of the Afftotl, Mo., Bible Presbyterian Church and the Covenant Presbyterian Church in Brighton. Elected elders are Alvin Weinman of Godfrey and Clarence Gerdt of Fosterburg. Deacons are John A. Von Bergen of Seminary Road, Alton, and Raymond L. Norwell of Foster Township. Plans are underway to purchase ground nnd construct a church and Sunday School building. Services of the church, to which the public is invited, are: Sunday School, 9:30 a.m.; morning wor ship, 10:45 a.m.; Sunday evening worship, 7:30 p.m.; and midweek Bible study, 7:30 p.m. Wednesdays. Bitten I>y Insect | Face Bf eaks Out An Insect bite resulted In a two-year-old girl breaking out with a rash on her stomach and face and then getting a swollen face Sunday. Darlene Hickrrifin, daughter of Mr. and Mrs. Robert C. Mick* man, 308 Paul St., Alton, was taken to Alton Memorial Hospital where she was admitted for treatment. , - > * Mi*. Hlekrrtfcn Mid toMrty daughter #as imfM*vrtlf « It not learned what Wml oJ sect bit her. ft* telegraph Want Add "CLICK" plu Kerne* bropii youf DRUtf Godfrey Go-Getters Win 38 6 A' Ratings at 4-H Show Polaroid, IBM, and Corporate bonds were irregular- y higher. U.S. governments bonds advanced. 12 Selected Stocks Following are today's 1:30 p.m. quotations of'12 New York Stock Exchange issues research has ndicated are widely held in the Alton area, as supplied to the Telegraph by Newhard, Cook & Co., from its Alton office. (The New York Exchange closes at 2:30 p.m. (Alton time), so these are not the closing quotations): AT&T 120 Gen. Motors 69% ranite City Steel 26% Olin Mathieson Chem. ... 41% Owens Illinois 84 GODFREY — Members of the Godfrey Go-Getters 4-H Club won 38 "A" ratings and 23 "B ratings at the Madison County 4-H Achievement Day at Edwardsville Friday and Saturday. Winning "A" ratings in foods were: Kathy Blair, Martha Cha- pee, Theresa Barrett, Donna Daniels, Colleen Garvey, Karen Gerdt, Sharon Gerdt, Margie Hoskins, Jayne Miller, Ann Stifel and Jody Massey. In cooking the "A" winners were: Rita Joehl, Pat Kasten, Karen Koeller, Denice St. Peters and Judy Walter. Judy Groppel won an "A" in the canning section and Theresa Drosle in the "Meat in Your Meals Division. Other "A" winners were: Cathy Kochan, Gail Wilson and Kathy Welch for first year skirts and scarfs; Margie Blair, Martha Chappce, Theresa Droste, Karen Gerdt, Sharton Groshans, Pat Gerdt, Marilyn Groshans, Kathy July 25 at the county fair with :hc exception of Martha Chappee iind Karen Koeller who will mod?l in the sports clothes division. Mary Jane Koeller is leader of thn club. 3-Year-Okl Struck By Fruit Juice Can A three-year-old girl was accidentally struck on the head Saturday with a can containing orange iuice. Julie Grammer ran into the <itchen as her mother was plac ng diapers and the orange juice nto a sack and ran into the sack is her mother was holding it. Julie was taken to Alton Me mortal Hospital, where she was treated for the minor injury. Julie is the daughter of Mr. and Mrs. Fred Grammer, 1946 N. Rodgers Ave. 44% 45% 69% Standard Oil (Ind.) ...... 59% Standard Oil (N.J.) 68% Ihell Oil .., Sinclair Oil Socony Kackson, Karen Koeller and Judy Walter in "Maye Your Own Cloth es" and Karen Koeller in flavoi arranging. Cathy Kochan was chosen to model her skirt at the county fair dress revue at Highland on July 23. All girls who received "A" rat ings in "Make Your Own Clothes" section will model on Thursday,) U. S. Steel Sears 46% 89 Italian Automate MILAN — Advanced automation can now be found in several large Italian factories. PRESCRIPTIONS AT ^ PHARMACY^ are • CAREFULLY PREPARED • SENSIBLY PRICED • DELIVERED FREE Alton's Most Modern Pharmacy 2510 State St. — North Alton — Dial HO 5-5313 FREE PARKING NEXT TO STORE TAIPEI — A Chinese firm has won a contract to build in Iran. Eat 3 meals a day — lose 5-10-15 Ibs. Delightfully delicious SUm-Mlnt helps control appetite. /T Makes reducing eas- /ft ler, more enjoyable, /•*Safe. At Thrifty Drug. SLIM-MINT GUM BE YOUR OWN BOSS INVESTIGATE DIVERSIFIED FRANCHISE OPPORTUNITIES AN ETHICAL APPROACH TO FINANCIAL SUCCESS. • FREE BULLETIN • . E. F. HAMEL, Area Director 108 Dewey Drive Collinsville, III. 345-0032 VISION POOR? HEADACHES? EYES UNCOMFORTABLE? HAVE YOUR EYES EXAMINED EVERY YEAR YOUR INVISIBLE TRAVELING COMPANION An unseen but Influential companion wherever you go! You travel In style, stay at the best places, meet the right people, have Ihe most fun. He's an expediter ... a problem solver . . . the one who makes all details of your vacation fall smoothly into place . . . and all his services at no charge to you. He's Your ITA Travel Advisor AIK-LAND-SEA ITA TRAVEL ADVISORS 413 E. Broadway HO 5-2558 Alton .67 .G9 T /g .72 .66 '/j .69% .71% .71 .<J5'/2 .66% .69% .71% .71 .66% .67% .70'/ 2 .72% .72'A 1.27% 1.2614 l-27'/i 1.267s 1.30'/4 1.29% 1.30 1.30 1.33% 1.33 1.33% 1.33V 3 1.36 1.35% 1.35% 1.36 1.34% 1.34% 1.34V* 1.34% Jul Auv Sep Nov Jan Mar May Soybeans 2.60 2.57'/4 2.58 2.62% 2.61 2.58 2.58% 2.63% 2.59% 2.56 2.56% 2.63% 2;59 2.55% 2.56% 2.63% 2.62% 2.59% 2.59% 2.67 2.65 2,61% 2.61% 2.69Vt 2.68% 2.63% 2.64 272 Visiting Relatives Here ROSEWOOD HEIGHTS — Mr. and Mrs, Glenn Waggoner and family, Los Alamos, N.M., ar rived today for a three weeks vis- It with his mother, Mrs. Rose Waggoner, 759 Rosedale AVP., and her parents, Mr. and Mrs. Finis Brown, Salem; other relatives and friends in the area NEW ZENITH'S Smallest AT-THE-EAR HEARING AID Serving Allen Investor* /or Over 31 Years NIW YORK iTQCK IK9HANOI Our 0//ice It Open Sa/wrday Mo;ninjr« t Tiny lightweight, Only ft PI. FtU neatly behind the ear • New Ipng life silver ox Id* battery holds power better in extreme temperaturei t Silicon translftorized circuitry t Efficient reception from, any anglei nestle* comfortably behind either ear Ot ZENITH If ipH Fraction Pla, McCLINTOCK OPTICAL 5BRVICE 603 Invest!;ors Oecmnt6y .Lite Insuirance Investors. Security 'Building * Arlington Heights, Illinois ASSETS STATEMENT OF CONDITION as of December 31, 1962 Bondi $1,847,391.29 Stocki ' '188,300.00 Mortgage Loans on Real Estate 38,889.01 Policy Loam 1,157.43 Cash and Bank Deposits 226,790,32 Time Deposits 357,000.00 Life Insurance Premiums in Course of Collection 406,097.90 Interest Due and Accrued 23,137.19 TOTAL $3,088,763.14 LIA1ITIK Reserve to Guarantee Policy Obligations $1,423,309.00 Dividends and Endowments on Deposit 50,870.92 Policy and Contract Benefits in Process of Settlement 68,614,52 Polk/holders' Dividend Accumulation 1,207.21 Provision for Policyholders' Dividends Payable 1963 137,314.00 Premiums Paid in Advance 17,955.09 General Expenses Due or Accrued 18,665,69 Taxes, Licenses and Fees Due or Accrued 1,470,37 Amount Held for Agents' Account 63,328.16 Remittances and Items Not Allocated 28,273,82 Amounts Withheld or Retained by Company a» Agent or Trustees 9,815.20 Mandatory Securities Valuation Reservt 5,913.83 TOTAL LIABILITIES Capital Paid Up Undesigned Surplus TOTAL CAPITAL AND SURPLUS TOTAL 1,826,737,81 $ 286,794.90 975,230.43 $1,262,025,33 $3,088,763,14 HIGHLIGHTS OF THE YEAR IN»URANCI IN FQKC1 PAVII* 15O MILLION* Company thewt Profit from Op«r«ilon« ttfert ttvMmd tMtrve (or Mvrt p«ym«n» •( r»H«yhe|«V WvWtn* fvWWy Owfltflf iff«)( ftfMnrt Cwnpany Imagineered For Growth INSURANCE IN FORCE $155,302,781 INCOME ACCRUED BASIS $2,889,688.80 $336,800.19 $3,088,763.14 ASSETS CAPITAL AND SURPLUS $1,262,025,3) Pacts often speak louder ttan words. We are sure trW oar 38 liome office employees, owr 20O field representatives, and our /5.00Q po/t'ci/JioWers and stockholders are M pleased' with (lie facts as we are. Bo«nl of Director* Garry F, Conn»ll, Jr, H. G. Garrott Pr, Frank Gotnill Jamil H. Hall , Jack Ron pr.RpfeirlRelh Pr, Jgmn W. ?«U»korn pr,AN»aT, Smith

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