Alton Evening Telegraph from Alton, Illinois on September 16, 1963 · Page 14
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Alton Evening Telegraph from Alton, Illinois · Page 14

Alton, Illinois
Issue Date:
Monday, September 16, 1963
Page 14
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Page 14 article text (OCR)

PAGE FOURTEEN ALTON EVENING TELEGRAPH MONDAY, SEFfEMBER 16, 1963 Telegraph Reports News of Business, Industry in Area " y'si f>Jr brate 80th Anniversary' n is nov.- complete for C. J. Jacoby's & Co.'s Open House, rpiehrating the company's 80th year of business. The i-.vo i-l.-iy "non-^llins" Open House will be held Tuesday and Wednesday, from 9 a.m. to 9 p.m. The pv^nt will be patterned after the well attended opening of thoir TT".V bnildine in 1930 and after the diamond an- n;vrr~.-iry fiv- ye^rs a?o. Tho theme will be Heart's Desire drawing — where f,\r-Y: e:ir.«f had a rhan^e to win what he most, desired in fhe S'IPV In addition, fher^ uill be other prizes given out at the drawing Wednesday evening at which Mayor Day will officiate. C. J. Ja^oby founded the company in 1883 in a small 1 }00 square foot building. At that time, undertaking and pianos wore th^ specialty of the small organization; but as they crew with the community they gradually shifted their interest to furniture, and after some forty] years, left the original fields completely. Now housed in| a modern structure utilizing 40,000 square feet in show space alone, the firm is still managed by sons and grandsons of the founder. P. W. Jacoby. son of the founder, emphasized the importance of the event to the company and termed it "another important milestone in our business history The 80th year of business is reached by few companies and is something to celebrate. We hope to see all our old friends and many new ones during this two day 'non- selling' Open House." Ruben stein Moves to New Location The Gordon Rubenstein Scrap Metal Co. has mov- j ed to a now location at 215 Blair St. A buyer and seller in scrap metal, including copper, brass, Ipad and aluminum, he also deals in wiping rags for industry, contractors, painters and home use. Rubenstein has been in this area for the past 10 years. Rubright Joins Public Relations Firm Robert Rubright, formerly of Alton, has been named vice president of Frank/James Productions, Inc., Clayton, Mo. The firm specializes in public relations, sales promotion and personnel training programs and in graphic and product design. Rubright joined the firm after four years as director of public relations for the Jewish Hospital of Saint Louis. He is a member of the board of directors of the United Cerebral Palsy, Inc. of St. Louis; Greater St. Louis Citizens' Committee for Nuclear Information and ; the Mid-County YMCA and belongs to the Public Rela-i tions Society of America. He and his wife and two sons live at 340 E. Jefferson, Kirkwood. His parents are Dr. and Mrs. LeRoy W. Rubright. of Godfrey. Beckman Named District Sales Manager Donald R. Beckman of Brighton was recently appointed district sales manager in the central sales region of P & D Manufacturing Co., Inc. of New York. P & D is one of the nation's oldest and largest independent manufacturing of automotive and marine ignition equipment. Telegraph Advertising Staff at Conference AVtrjr of Grain* Futures a Firmer CHICAGO f AP> — Russsar. pur- hases of record amounts of .'heat and wheat flour from Canada imparted firmness to grain futures on the Board of Trade today. Prices for wheat advanced nearly five cents a bushel for the nearby September contracts but, later dropped back as early demand slackened. Prices for corn.' oats, rye and soybean futures also advanced in early transactions but extreme pains were pared in later dealings. Carlot receipts today were esti-; mated at: wheat 27 cars, corn 23-f oats 20. rye 2. barley 31. soy beans 32. CHICAGO (APi — No wheat or; 'soybean sales. Corn No. 2 yellow! 1.37-38^: No. 4 yellow Im34: No. 5 yeltfw 1.304-32: sampe grade Livestock Prices At East St. Louis NATIONAL STOCKYARDS. Ill • AFi — 'VSDAi _ Hoes 11.000; . mixed 1-3 130-230 lb l.iTvlR.l.i; sows 1-3 27Vnn ib > Cattle fi.CWI: calves 300: good to! choice steers 23.75-24.75: utility 1 aixi commercial cws 13.5n-1fi.00; utility to eood hulls Ifi.JW.OO: vealers moderately active steady: good and choice 22.nO-31.00. Sheep 1.400; eood to prime lambs 1S.OO-2P.OO; cull to eood shorn ewes 5.004$.no ; yellow 1.38. heavy white heavy white white 70V Sovbean oil Oats 71*4; No. No No. extra j extra 1 hea\-v l At St. Louis Produce Prices ST. LOUIS iAP)—Kegs and live poultry': Eggs, consumer grades. A large 39-40. A medium 35-37. A small 20-21. B larse 33-34. wholesale grades, standard 33-31. unclassified farm run 2H-27. checks 20-24. Hens, heavy 15-18. light over ."> Ibs 8-9. under 5 Ibs B'a-T's. commercial broilers and fryers I.Vi- 16'i. MOUSEHOUSE DRAWS THRONG Children, complete with parents, throng Alton Plaza Friday night to see the Mickey and its chief Mouseketeer, Jimmy Dodd. Dodd visited Wilshire, Plaza, and Monticello shopping centers under the auspices of the Kroger Co., which has stores in the four locations. /Vetcs of Stocks Oils Show [ Improvement Prices on 16 Mutual Funds 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 the basis of their sales and ownership in the area. The quotations are yesterday's closing. Issue. Bid. Affil. Fund 8.49 Broad St 14.70 Bullock 14.10 Capit. Shrs 12.21 Divid Shrs 3.58 Fid. Cap 9.40 Fid. Fund 16.97 Fid. Tr 15.75 Fund Inv 10.31 Keystone K-2 5.47 Keystone S-4 .... "4.46 Mass. Tr. .- 15.68 Mass. Grth 8.68 Nation W. Sec. .. 22.44 Nat. Inves 16.13 Tevev. El 7.73 Neighbor Dog Bites Child 3 Seven stitches were required to close the facial lacerations inflicted by a neighbor's doe on three - - old Mary A. Carrow Sunday evening. The srirl was bitten in the driveway of the home of her parents. Dr. and Mrs. .Jame< M. Car row. 39 Nnrthmoor PI.. Mrs. Carrou said. At St. Josephs Hospital. Man, 70, Bitten by Dog at Wood River WOOD RIVER.—Paul Ufert of 456 Second St.. was bitten on the left hand while attempting to stop a fight between his dog and another pooch Sunday. Ufert. 70, was taken to the Wood River Township Hospital where he received a Mmif .shot and six stitches in his hand. Mr. Ufert said apparently the other dog bit him as h« had a hold of his dog's collar when the fight started. Both dogs have had rabies shots. Mrs. Ufert safd. DadH Club to Meet At South Roxana SOUTH ROXANA — The Dads' Club will meet nl 7 p.m. today at the for their annual business Hireling and nomination jot new officers. Miss Campbell Honored SOUTH ROXANA - Miss Wanda Campbell, daughter .of Mrs. Madelyn Campbell of Cottage Hills. WHS guest of honor at a bridal shower Thursday evening at the home of Misses Barbara and Diane Cunningham. Miss Campbell will be married Oct. 19 to Robert Klunk. Fifteen guests attended. Refreshments were served by the hostesses at the close of the evening. where Mary was treated. It was found she had been bitten through the upper lip and through -HI eyelid. Askrd. 918 15.89 15.45 13.38 3.93 1022 18.35 17.12 11.30 5.98 4.8? 17.14 9.49 24.28 17.44 8.43 12 Selected Stocks \ Following are today's 1:30 p.m.i quotations of 12 New York Stock Exchange issues research has ; indicated are widely held in the' Alton area, as supplied to the Co., from its Alton office. (The , New York Exchange doses at p.m. (Alton time), so these NEW FRONT FOR RESTAURANT The Illinois Daily Newspaper Market meeting was held Sept.. 7-8 in De'catur at the Orlando Hotel. Attending from the Telegraph staff were: William H. II. Biernaum, advertising manager; John Jones, Cyril Merkle, Robert Hat field, and William Cpnnerly, staff members; and Richard A. Cousley, classified advertising manager. The classified section of the meeting was arranged by; Cousley. Attendance at. the classified sessions was the; Roxt'ttKl largest in the history of the organizations meetings. A! total of 165 attended from daily newspapers throughout the state. 'Now undergoing extensive remodeling is Leo & Louie's Lounge at 654 E. Broadway. The front of the building is getting a facelifting, which is expected to be completed next week, and later, the interior of the lounge will be remodeled. UPW to Meet Tonight at ROXANA — The United hvterian Women of the ; day at the Park House. Mrs. James Emert and Mrs. Charlotte 1 Hicks will be hostesses and baby i sitting will be provided for 25 ! i cents por child. • i Get Acquainted Reception I i ROXANA — An informal get-j acquainted reception was held! Friday after .school on the high I First | schoo , gromAs in honor o{ Miss j Pres ASARCO Plans to Retire Preferred Stock American Smelting and Refining Co. announced that its Board of Directors have voted to call a special meeting of stockholders on October 17 to consider and vote on a plan to retire all of the 500,000 shares of 7 per cent cumulative preferred stock (par value S100 per share) presently outstanding. Under the Plan, each holder of preferred stock will have the choice of receiving for each of his shares either (1) SI75 in cash or (2) $100 principal amount of a newly created issue of 4% per cent Twenty-Five Year Subordinated Debentures of the company plus $75 in cash. O'Connell in New Post at Olin Mathieson Francis A. O'C'onnc-lJ Jr., has been appointed director of industrial relations of Olin Mathieson Chemical Corporation, it was announced by E. H. Bellows, vice president for corporate services. O'Connoll had been labor counsel for Olin since May of 1959. In his now post he succeeds H. W. Stull who has been named senior industrial relations counsel. Wallet Stolen From Fuirmount Horse Trainer i Presbyterian Church will meet a'JNieskge DeHaan of Sneek, Neth- 7:30 p m. today at the church. The church and society commit tee will hponsor a panel discussion on the "Pronouncements of erlands, a foreign student who is attending the Roxana High School this year. Attend Youth Retreat I the ("hmvh." '[Tie church's stand | ROXANA — Several persons on prayer in public schools and j from the Church of the Nazarene observance of religious holidays, [attended the third annual youth birth control information, and retreat Friday and Saturday at quartet KDWARDSVILLK—The strong- arm robbery of » horse trainer at Fairmount race truck near Collinsville was reported to the sheriff's office early Sunday morning. Marl D. Armstrong, 49, of Col- seated on a feed barrel in front of a stable about 9 p.m. Saturday when four youths approached | him for a job of "walking" horses before races. Armstrong said the started to leave when he told them he had a horse in the seventh race, but one of the youths turned back and struck him in the face. All four youths then jumped on him and took his wal let containing about $80, Arm- linsville, (old deputies he was'.strong related. Sunday closing laws will be explained. A question and answer period will follow. Fay Nessl, acting chairman of the committee, will introduce the panel. Other Church and members of the Society committee are Mrs. Arthur Buchanan, Mrs. Floyd Radcliffe, Mrs. Donald Me Lain, Kenneth Nail and Charles Harbke. Pack Committee to Meet ROXANA — The committee of Cub Scout Pack 25 will meet at 7 p.m. today at the scout house on W. Second Street to plan the program for the year. Uaptist Notes ROXANA committee of STOCKMOLM — A Swedish aircraft company will soon test what they say is the world's fastest propeller driven plane. The membership the First Baptist Church will meet at 7:30 p.m. Tuesday at the church. The choir will practice at 6:30 p.m. Wednesday and each Wednesday thereafter. Saturday evening the choir had a get together at the church. Re freshments were served after rehearsal. Club to Meet Tiifsdit.v ROXANA — The New Faces Club will meet at 7:30 p.m. TUPS- Nazarene Acres near Springfield which began with a banquet Friday evening. Those attending were: the Rev. and Mrs. Allen Dace, Mr. and Mrs. Ralph Cook, Mr. and Mrs. Edgar Scammahorn, Mrs. Eugene Floyd, Mrs. Jack Fasig, Mr. and Mrs. Warren Campbell Jr., and Mr. and Mrs. Harold Hicks. $30,000 is Sought in Damage Suit EDWARDSVILLE - A one- automobile crash resulting in two deaths at Alton last Dec. 9 is the! Corporate bond prices , . . ,_ n -. , . ... j mixed. U.S. government basis of a $30,000 damage suit fil- , , .. t , f I showed little change, ed in Circuit Court here by the NEW YORK (APi - Interna- 1 J-tional oils were up in a generally mixed stock market late this; ! afternoon. Trading; was fairly ac- j live. Volume for the day was estimated at 5.1 million shares com ; pared with 5.22 million Friday. { Royal Dutch and Texaco added | about a point while fractional! gains were scored by others. Getty Oil advanced well over a point. Savings-and-loan holding com- Ipanies had one of their periodic ('rallies and held gains despite a slack-off of trading. Studebaker continued in heavy demand as it edged higher.; Telegraph by Newh aid. Cook & (Chrysler rose more than a point and General Motors a fraction while Ford was off slightly. Tobaccos had a sinking spell. ; are ^ y^ c i osing quotations*:. Reynolds dropping about 2. Lig- AT&T 125j Gen Motors TS, Gran- gett & Myers and Lorillard about ite Gty steel 23%, Olin Mathieson I a point each. i Chem. 41%, Owens-El. 84. Shell: Steels also gave ground despiteIQU 4714. Sinclair 48 l s, Socony) i reports of a pickup in demand for'731^ standard Oil (Ind.) &4%, 'steel. U.S. Steel dropped about a ] standard (NJ) 71^, U. S. Steel point. Other top steelmakers were '. 54^, Sears 97%. 1 fractional losers. ; j Profits were taken in a number I j of recent high flyers. Polaroid: i lost 4, Xerox 3. High Voltage En-1 I gineering about 2 and U.S. Smelt-' j ing more than a point. j Control Data advanced more than a point. Amerada dropped about 2 and : i Commercial Solvents around ai point while Ever-sharp rose near-1 ly 2. | Prices were mixed on the! American Stock Exchange. I LOOKING FOR INVESTMENT I THAT PAYS OFF? ft turned; bonds mother of one of the victims estate. Molen, according to the com- and a sister who were deprived! j of their means of support by his' against the estate of the other fa-j plainti , eft surviving his parents j tality. Gene Allen Madison of Palmyra, 111., was killed when hisldeath. automobile reportedly ran off West Broadway at the McAdams! Highway intersection in Alton, struck a fire hydrant and crashed into a milling firm building. Harold Richard Molen, 22, of Modesto, a passenger in Madison's auto, died the next day. Mrs. Barbara Molen, as admin- istratrix of her son's estate, filed the $30,000 lawsuit late Friday against Karol J. Madison, admin- istratrix of Gene Allen Madison's Investigate First! Partake has program to match qualified men with profitable tested franchise opportunities. Act now to get into your own nusiness, full or part time. Write or call for information without obligation. ^^^^ E. F. HA.MEL Area Director 103 Dewey Drive Collinsville, 111. 345-0032 this Hue chip does! ( (and quarterly, too!) • BY GRAVEMANN • Every Tuesday Is Children's Day/ Thi.' rvcni h he-in^ held over indefinitely by popular demand ti direct color Wallet Portraits, all different poses $2.95 OWN YOUR SHARE OF AMERICAN BUSINESS If you like the idea of investing systematically, you'll be interested in the monthly investment plan. Through the plan you can select stock from America's greatest companies and invest with as little as $40 every three months. Serving Alton Investors for Over 31 Years NEWHARD, COOK 6? Co, IIKMBCK* NtW VOHK «TOCK OfCHANOI •M Flirt National Bank Bids.— Attoa Phone: 465-5535 EUOBNB B. SHULTS Resident Manigtr Our Office Is Open Saturday Mornings JOHN E. 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