Carrol Daily Times Herald from Carroll, Iowa on October 7, 1959 · Page 10
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Carrol Daily Times Herald from Carroll, Iowa · Page 10

Carroll, Iowa
Issue Date:
Wednesday, October 7, 1959
Page 10
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Page 10 article text (OCR)

Profits Hold Up in Spite of Mojor Strikes jj fi.t SAM HANSON AP Business Nrws Analyst NEW YORK 'AP) — Business has gone through the strike-beset j third quarter without too much damage to its spinal cord—profits. Steel and copper companies themselves, and the railroads and mines that serve them, and some of their customers, are suffering damage. And most of these are yet to report. Other companies reporting so far show profits down from the booming first half of the year but still with a nice increase over a year ago. And some of them couldn't he having it better. For example, the banks. Increased demand for loans, plus the all-important higher interest rates, give most of them the chance to report fat earnings to their stockholders. In the nonbanking world, the reports arc also good—always excepting metals. By a score of five to one. the first 52 companies to report on their third quarter earnings — on the basis of a fiscal year that ends before the calendar one—show bet ter results than a year ago. Combined, the 52 report profits cf $96,450.544 for the third quarter, a gain of 12 per cent over the MS.055,126 the same companies reported the year before. Only nine report declines this year. As always, some didn't do as well as the average. Three operated in the red this year, and four a year ago. These first scattered returns on third-quarter earnings fall below the tab for the year to date. This may reflect the steel strike's impact, or that of hot weather, or of special conditions. And a fourth-quarter rise is widely anticipated when the strike's effects are history. For the first nine months of this fiscal year 64 companies show a gain of 21.7 per cent over the previous year's net income after taxes. Only yl« : fell behind. ..And only three operated at a loss, compared with* seven the year before. The combined net earnings of the 64 for this fiscal year's first nine months is $251,620,271, compared with $206,617,813 a year ago. This happy'.Jlews has been translated into cash for many stockholder. Increased dividend payments have been announced by many corporations. SHIPS THAT PASS IN THE DAY ocean liners come and go, these their business on 49th St. and . . . Accustomed to seeing giant blase New Yorkers go on with pay no attention to the Quern Elizabeth as the world's largest liner steams by. Dark gray area in center is the West Side Highway. The vessel was leaving New York with nearly 1,900 passengers. Circle Chairmen Are Nominated at Manning U. P. W. MANNING - The United Presbyterian Women met at the church Friday, with vice president Phyllis Hodne conducting the busin ess meeting. Patricia Bruck presented the devotions and Millicent Wiese gave the Bible study. Lois Hill. Fredda Hinz and Bonita Hagedorn were nominated as circle chairmen for the 1960 season. Pledges were made for I960 the local church budget and to the Northwest Iowa Presbyterial. lara Claussen. world serv i c e chairman, announced that the new sewing project would again be for Tuba City.'and that warm clothing and bedding was needed there. The 4th quarterly committee of the year will be supervised by Mary Steen and Emma Bartels. Reports were heard on the fall rally at Glidden; and there was a discussion on forming of circles. Lunch was served by Elda Stuhr, Mildred Dau, Hazel Ehlers and Elda Stuhr. Mrs. Bess Mosher will leave Oct. 6 for Corpus Christi, Tex., to visit Mr. and Mrs. F. K. Lytle for a few weeks. She will also make a trip to Monterey, Mexico, with her host and hostess. Questions, Answers On Social Security Arrangements have been made with the Des Moines office of the Social Security Administration to answer questions of Daily Times Herald readers about their old-age, survivors and disability insurance. Answers of general interest will be published in this column. Personal questions will be answered directly by the district office. Write the Daily Times Herald, Carroll, Iowa, or the Social Security Administration District Office, 910 Grand Avenue, Des Moines 8, Iowa. QUESTION: A reader from near Willey asks this question — in I qualify for social security now as a widow? I am not yet 62 but am totally disabled. I have never had a social security number. ANSWER: No, the disability provision applies only to the worker and to disabled sons or daughters. A widow can qualify for benefits when she reaches age 62. QUESTION: A woman from Lake City asks a question — I have been getting social security ,disabili t y checks since April, 1958. My hus- band is 68 years old and is unable to work. Is there any way he can draw social security on my wage record? ANSWER: Your husband may be entitled to benefits if you were contributing at least one - half of his support at the time you became disabled. QUESTION: 1 am employed by a church but they don't take out social security tax. Is this correct? Can 1 pay it myself as self-employment? ANSWER: Some organizat ions are exempt from 1 social security because they are non-profit, and this is probably true of your church. Its employees are not covered if the church employees have never elected coverage. No, you may not treat these wages as self- employment income and report the income yourself. QUESTION: I recently read in the Times Herald that farmers can for disability benefits begin- The I960 Catakna Convertible ning October 1< 1959. How disabled must I be? ANSWER: To be found disabled under the social security law, you must have a condition so severe hat, in the words of the law, it makes you unable to "engage in any substantial gainful activity." The disability must be medically determinable and have existed for at least six months. QUESTION: I am a farmer who is drawing social security checks. I retired by renting my farm out, and am no longer active in connection with the crop. I have, however, kept a few head of hogs and expect to make close to $1,200.00 from this. My question is this: I sealed my corn crop in 1959 and expect to receive income for resealing in 1960. Will this income from resealing count towards my $1,200.00 income? ANSWER: Yes, income from resealing of crop raised while you were still operator of the farm is considered to be ordinary farm income and will count toward the $1,200.00 income restriction. QUESTION: I am a single man and I want to know what happens if I die before age 65. What benefits are payable? ANSWER: Unless you have a parent who is dependent upon you for at least one-half support, the only payment made will be lump sum death payment. This payment is made to the person or persons who pay the burial expenses. The minimum lump sum is $99.00 and the maximum is $255.00. You find it attractive because of the simplicity of lines, the absence of over-design. You're drawn to its crisp freedom, its perfect form; it* exhilarating freshness. You'll find k amiably obedient because of Wide- Track Wheels and a thoroughly new suspension system. Wide-Track firms the foundation, stabilizes, balances. A softer suspension makes it responsive, quick and easy to take direction. Pontiac's Tempest engine* for 1960 are more vigorous than ever. You have a wide choice of V-8 power packages, ranging from the high performance 425 to the economical 425E which prefers regular grade gasoline. The oar, the keys, the catalog, the courtesy—all await you at your Pontiac dealer. Wld*-Track Wh»»l« give you swaylesi liability, solid comfort. You maneuver with skillful sureties*, accurate control. It's the »weele»t, most precise, most rewarding driving you've ever fell. i i NillOW 'OMIUC'I """' '**t» THE CAR, \VITH wrr>B • TRACK: SEE YOUR LOCAL AUTWOFWZB'O PONTIA« DBAUBR PETERS BROS. BUICK-PONTIAC 229 NORTH MAIN ST.— CARROLL, IOWA New Books Listed At Glidden Library (Times Herald Nnw§ Service) GLIDDEN - The Glidden Public Library has many new books ready for circulation. r FICTION — Henderson, the Rain King, by Saul Bellow; Exodus, by Leon Uris; ^Return of the Stranger, by Dorothy Roberts; The Scarlet Feather, by Dale Van Every; Pioneer Go Home, bjr?-Richard Powell; The Innocent House, by Lockridge; Ordeal by Innocence, by Agatha Christie; Woman of Straw, by Catherine Arley; The Hand Beyond the Mountains, by Janice Holt Giles. NON-FICTION —The Gallant Mrs. Stonewall, by Harnett Kane; Breakdown, by Robert Dahl; God and the Soviets, by Dr. Marcus Bach; Man's,First Have, by Ralph Sockman; West of' the Indies, by W. 0. Douglas; Wedding Anniversaries, by Beatrice Plumb. (Ideas for entertainment, decorations, etc) Fun With Stunts, by Effa Preston <a collection of skits, stunts and games); How to Live with Diabetes, by Henry Dolger, M. D. (A gift copy). YOUTH — (Includes books from fourth grade through high school) The Winter at Valley Forge, by F. Van Wyck JWason; Evangeline and the Acadians, by Robert Tallant; Ernie Pyle, by Ellen Wilson; The Secret Warning, by Dixon;' The Tower Treasure by Dixon; The Mark on the Door, by Dixon; Mystery in'the Square Tower, by Elizabeth Honness; Mystery of the Diamond Necklace, by Elizabeth Honness; Just Jennifer, by Janet Lambert;Friday's Child, by Janet Lambert; Where the Heart Is, by Janet Lambert; Have Space Suit, Will Travel, by Robert Heinlein; Treasure Mountain, by Evelyn Lampman; Witch Doctor's Son, by Evelyn Lampman; Wait For Marcy, by du Jardin; Practically Seventeen, by du Jardin; And Have Replied, by Mary Stoltz; First Have Farewell, by Anne Emery; Henry Reed, Inc., by Keith Robertson; 3-4-5th Grades: Betsy's Winter House, by Carolyn Hay wood; 4-5- 6th Grades: The Family Under the Bridge, by Watalie Carlson; 1-2-3 Grades: The Little Country School House, by Ormsby; The Silver Button, by Helen Olds; Skipping Island, by Emma L. Brock; Little White Rabbit, by Edith Osswald; Little Dog Lost, by Lulu Wright. Library hours are 2:30 - 5 p.m. Wednesdays and Saturdays. Mrs. Laura Parker is librarian. Broadway Closeup: Rodgers In Love With a Wonderful Job By DICK KLEINER NBA Staff Correspondent NEW YORK — <NEA) — In the past, Richard Rodgers hasn't exactly been a slouch at turning out hit musicals. So it is thrilling to report that Rodgers, for the first time, is "optimistic" about his next show, "The Sound of Music." "I've always been apprehensive before a show," he says. "I'm still apprehensive, but this time I'm also optimistic. Really, 1 feel good about this show, better than ever before. Everything seems lo be working right, fitting together. And everybody gets along so well, which helps." For Rogers, this show will mark another in a long line of musicals. How many? He thinks it's "somewhere in the forties," but isn't really sure. There is one thing he's positive about, however. And that is that he'll go on writing musicals as long as he can. "I'm a very fortunate man," he says. "I could afford to retire, but what would I do? Take this afternoon. If I were retired, what, would I do? Would I play golf? That bores the pants off me. "I can think of nothing in the world I'd rather do than go back to the rehearsal this afternoon. The Time* Hftrald, Carroll, l«. Wednesday, Oct. 7, 1959 Open House Held For Former Pastor (Times Herald .New* Service) WALL LAKE - Mr. and Mrs. Iteve Hoft and Adolph. Mattie and Maude Keiser went to Newell Sunday to attend open house for the Rev. Walter Ellison who was observing his 50th anniversary of be- ng in the ministry. The W.S.C.S. of the Newell Methodist Church, of which he is pastor, arranged he open house. The Rev. Mr. Elison was pastor of the Wall Lake Methodist Church from 1915 to 1919. Mr. and Mrs. Alvin Kowalke, Early, Mr. and Mrs. Kenneth Logan, Humboldt, Mr. and Mrs. Ed Albrecht and Loren, Mr. and Mrs. Leland Corn and daughter, Marie and Nicki Herrig were Sunday supper guests in the Rufus Kowalke home at Lake View for Mrs. Kowalke's birthday. Mr. and Mrs. Lawrence Oxendale and family spent the weekend in the Roger Oxendale home in Minneapolis. One hundred thirty women, which included women of the local congregation and the Lake View women, attended guest day at Peace Lutheran Church last Thursday afternoon. The Rev. Heimsoth of Lake City spoke and showed slides on Korea. Mr. and Mrs. John Nuetzman of Kasson, Minn., came Friday and visited in the Henry Stock home and with other relatives until Monday. A cooperative dinner was held Sunday in the Lake View municipal building in their honor. Mr. and Mrs. Frank Kies, Lake View, and Mr. and Mrs. Peter Nielson, Santa Monica, Calif., spent Monday afternoon with Mrs. Emma Schoneboom. Mr. and Mrs. Chris Blass, Early, and^ Mr. and Mrs. Will Spangler, Dixbn, 111., visited in the Fred B*et- tin home Sunday afternoon. nicest people, the most interesting people are there. I dislike every second that I am not there with them. "That's why I can't, wait until we take the show to New Haven. The hotel is close to the theater, and I can spend more time at the theater. Here I have a longer trip and I don't like it. "So you see, I'm a fortunate man. 1 do what I most like to do —and I get paid for it." There, are millions who say the public is equally fortunate, having Rodgers writing lovely songs for them. "The Sound of Music" has set a record for advance sale. At the moment, the advance is better than $1,500.000, a new high for Broadway. Most producers would be delirious at that report, but, to Rodgers, the huge advance is a mixed blessing. "It is not completely a happy thing," he says. "Of course, it's nice because — well, because it's nice. And because you couldn't operate without it. It would be impossible to bring in a show costing between $400,000 and $500,000 without selling quite a few tickets in advance. "But there's an onus to it, too. It's scary, the public having that much faith in what you do. There's no other business where, people buy ahead of time, on faith. And it could be a flop." It could, but chances are it won't. Besides having a Rodgers and Hammerstein score, the musical play about the Trapp Family Singers has a book by Howard Lindsay and Russell Grouse. And, icing the cake, it stars Mary Martin. The fabulously successful Rodgers and Hammerstein team have had their weaker moments, but those are relatively few. And, according to Dick Rodgers, they hope to continue working together for a long time. "Ours is a peculiar relationship," Rodgers says. "Oscar and I are so much alike. We agree on almost everything. I don't mean only in our professional activities, but in other things. We agree on moral values, on politics, on social doings. Our wives are good friends. There's none of this 'My wife thinks your wife high-hatted her,' which, believe me, can wreck a partnership awfully fast." Before they put any words on paper, Rodgers and Hammerstein "talk out" the script, deciding where to put songs, what kind of songs are needed, which character will sing them. Then, generally, hammerstein writes the words and Rodgers sets them to music, although occasionally they reverse that. Legend has it that "Hammerstein writes the words in three weeks, Rodgers puts them to music in three minutes." "It's not quite that easy," Rodgers says. "I work hard, I have to dig for a melody. Once it starts coming, it comes easily, spontaneously. But I never in my life have gotten a tune just out of the blue. It never comes to me, 1 have to go looking for it." And he neva* writes a song, any more, just to write a song. That's why there is no trunk full of unpublished Rodgers tunes. He writes for a specific show. In "The Sound of Music," he thinks he has a good score, and specifically he feels the title song could be a standard. Whether it becomes a pop hit is something else again. These days, it's mostly rock-and-roll that makes pop hits. Rodgers scoffs at the success of some rock-and-roll records, when measured against the yardstick of album sales. "The 'Flower Drum Song* al« bum." he says, "has sold 400,000 copies. There are 12 songs in it. That means we've sold 4.800.000 songs. Can any of those rock-and- rcllers match that?" A Welcome Gift For Any Occasion 4 PIECE CANISTER SET (ji ^^y Tjjr colonial silhouettes for identification Unique colonial lilhouettes of Grandma's flour sifter, sugar bowl, coffee grinder and tea pot identify the contents of canisters. Coven and silhouettes in black enamel oo bright aluminum. Lacquered to prevent finger printing. Sized fot icandard package quantities. POLISHED ALUMINUM copper color Plastic kjiobs ire re cessed in covers for con venient stacking of can isters to save space when desired. Hardware Co. Carroll, Iowa DISPLAY MDSE Prices Drastically Reduced - Mostly One-of-a-Kind SUNBEAM FRYPAN Medium size lid. 2 only. Turquoise or pink. $20.38 value. $ 15 SUNBEAM FRYPAN $1O Standard size with lid. Two only. I Mm $15.73 value. G. E. RADIO Model T-132. $29.88 value. Lay-away for Christmas. $23 KITCHEN CLOCKS 2 only Sentinel Electric Clocks, $3.95 value. $2 G. E. RADIO Dual speaker Model T-106. $29.88 value. $23 G. E. CLOCK RADIO This snooze alarm radio makes you up to music. $39.95 value. G. E. FRYPAN 10-Inch oval with lid. $16.78 value, $13 G. E. FRYPAN $1A Small oval size with coppertone lid. I \J $12,77 value. SUNBEAM FRYPAN $1E Large al/.e with plug-In control. I l *t $21.83 value. SUNBEAM FRYPAN $1 C Large size with lid. $21.83 value. I«T G. E. FRYPAN Remote control unit with lit! and plug-in. G. E. FRYPAN Round 10" size with lid. Round 10" siez with lid. $12 G. E. Canister Sweeper SO A Complete with attachments. «9w $39.95 value. G. E. Lowboy Sweeper Complete with attachments. $46.BR value. Ronson Electric Shaver Three only. Suggested retail $20.00. $10 $15 REMINGTON SHAVER The nollelectrir Auto-Home model. 3 only. $34.50 value. LATEX WALL PAINT $C E Choice of 6 colors. $2.99 gal. j gait. +f HANDY HAULER CARTS $4 ^HJy* HfliTiiJton PCS vy fiuly curls It t pft I fur ^^'V fall lawn and flower work. $7.HH value. GASOLINE CANS 6 only 1 gallon cans with flexible pouring spout. Each PLAID TOSS PILLOWS Buy two or three and save. Each 50; 50' CHARCOAL LIGHTER Pint 15c Quart 25c USE LEE'S LAY SMALL DOWN PAYMENT AWAY PLAN WILL HOLD ANY ITEM

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