Alton Evening Telegraph from Alton, Illinois on June 26, 1968 · Page 24
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Alton Evening Telegraph from Alton, Illinois · Page 24

Alton, Illinois
Issue Date:
Wednesday, June 26, 1968
Page 24
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PAftfifi* ALTON EVENING TELEGRAPH WEDNESDAY, JUNE 2«» 1968 ' Cy Barrett Says ... LLELANt) DBAS CY: Maybe I am just plumb crazy but I want to be a pioneer and ftfli thinking of transplanting myself and family to Australia. Wtth Australians so sympathetic to us in the Vietnam war and liking Americans, this looks like ft good move. What can you tell me, Cy, about this country that would interest a pioneer who occasionally likes to wear mod clothes or Nehru jacket? Ranching would appeal to me. DEAR V LLELAND: Australia is a pioneer's haven, and is bursting at the seams with industrial expansion in its major cities where 80 per cent of 12 million Aussies reside. It is estimated that 40 per cent of the immigrants to Australia are from the U.S. and, according to Dr. Robert A. Wood of the Australian Health service, "more Americans are going to Australia all the time and very few return." Anyone who wishes to settle on a ranch ... or sheep station . . . might consider that children outside the cities are educated by government televl sion. The Australian government also maintains squadrons of small aircraft staffed with flying doctors for the outback population. Immigration is encouraged in the land down un- K^ra^^^s^^5«wS^^^^s8wS^ Business Briefs In Conference Donald L. Schrumpf, representative of Mutual of New York In Alton, participated in a three- day conference of company sales leaders, in New York City last week. der and among the require Schrumpf was chosen to attend the meeting on the basis of his outstanding sales achievements and service to policyholders. The conference included an examination of the role of the professional insurance salesman in today's business market, and a review of MONY's advanced concepts of life insurance planning, including pension programs. Hired by Shell Miss Sheryl Lynn Walter, daughter of Mr. and Mrs. William Walter, 17 Frontenac Place, Godfrey has accepted a position as systems analyst with Shell Oil Co. at the home office in New York City. She will begin her duties there July 1. ments for entry, besides a vis and passport, is high mora character. The Aussies particu larly welcome couples wit young children. It should b noted that an American cifize can stay in Australia for si months as a tourist. Then come the big decision. He can retur to the United States or trad his citizenship for that of a Aussie. Pan American Worl airways states, relative to thi dynamic island, "There is plen ty of opportunity there for th entrepreneur and many imm grants as well as native Aus tralians are taking advantage o it." The jet age has made Au! tralia about 24 hours away witi stops in Honolulu and Fiji am. it is now an immediate neigh bor of the world community Yes, Australia is our stauncf ally in Vietnam, or perhaps w are hers. If the Asian commu nist hordes break loose from th continent, this small countrj stands to lose more than w< do. The next 10 years will sei greater changes in the develop ment of the Australian econonr than ever before. This should be of more than passing interes to anyone who always wanted to get in on the ground floor of a growing country. CY DEAR CY: Did you say we were certain to have a four-day work week? If so, who is going to pay for all that time off work? J.T.N, DEAR J.T.N.: I didn't say it and am worried, too. If we go to a four- day work week, who is going to pay for all those coffee breaks employees will be missing? CY DEAR CY: What's the over-the-counter market? A year ago, when meeting with friends, we talked mostly about our children. Now we do a lot of talking about the stock market, and I don't want to appear stupid. RICHARD XX. DEAR RICHARD: Mention over-the-counter securities transactions and the average investor thinks you are venturing into the land of Oz. The over-the-counter market for Corporate shares is merely a means of trading without a marble market place. By telephone, securities dealers throughout the U.S. trade shares which are not listed oh the nation's stock exchanges. According to Merrill Lynch, Pierce, Fenner and Smith, Inc., "Only a few thousand securities are listed on the country's stock exchanges and traded there. The stocks of all publicly owned companies from small loan companies to large industrial concerns are traded in the over- the-counter market." Thus, via the telephone, stocks of about 40,000 firms are traded in over- the-counter transactions. Louis Engel explains the system this way in his book, "How To Buy Stocks." He says, "Actually this market (over-the-counter) isn't a place but a way of doing business; a way of buying and selling securities other than by the auction method that prevails on the exchanges. When you deal in this market you deal by private trade. You ask 'How much will I have to pay?' and the dealer asks, in effect, 'How much will you pay me?' Be is not acting as your agent, tying to buy or sell something for you at the best price possible; instead, he deals with you as one principal with another. He doesn't collect a commission; he tries to make a profit." of course, many securities firms, buying or selling for customers, act as agents, not >rindpals. For their customers hey deal with the principals, h this case ttey usually charge he regular commission as per stocks traded on the stock exchange. Prices on the over-the- counter market are published by the National Quotation bureau for over 8,300 securities. Many newspapers cany bid and ask prices for certain over-the- counter securities, sometimes featuring different ones on cer- ain days. But ... regardless jf what day or what stock, you lave to be selective. Actually that Frenchman was talking bout stocks, not women, when le said, "Vive la difference!" CY DEAR CY: You have to admit radio and eflevisioni commercials have mproved since sponsors start- d hiring actors to read lines. This is a case of paying more o get more. Quality is worth IB money. MRS. MEZIL DEAR MRS. MEZIL: You are so right and it was high time someone improved ommercials. Things were get- hg to the point where sponsors would have been better off remaining anonymous. CY or answers to your Personal business Problems, write Cy arrett, care of this newspaper, nclude stamped, self-addressed eturn envelope. Wow! Daily Dividends for That*i right. At Germania Savings, boys and girls, just like their parents, earn daily dividends on their 454% passbook savings accounts compounded quarterly. This means your savings now earn more than ever before! For the larger investments of $5,000 or more inquire about Bonus Accounts that earn 5^4% compounded quarterly. A safe, sure, risk-free and profit-positive way to save for a youngster's future — or for your own. my savings, too! I SAVE OUR TREE — Mr. and Mrs. Ramon Blanco of Savilton, N.Y., sit under an old maple tree In front of their home In defiance of state highway workmen who came to cut down the tree to make way for a resurfacing project. Blanco claims the tree saved his life once when a car hit it while he was out In the yard. (AP Wirephoto) Three Cars Looted At Holiday Inn EDWARDSVILLE - Items valued at more than $1,200 were reported stolen from two Ohio sisters and a Mattoon, El., man at the Holiday Inn on Illinois 157 near here early Tuesday morning. In i delayed report, the Madison County sheriff's office s?id the items were stolen from the victims' automobiles, which were parked next to each other on the motel's lot. The sheriff's office said Margaret and Elizabeth Farr, of 84 W. Torrance, Columbus, Ohio, has stopped overnight en route home from California when the 1968 Ford Mustang one of them was driving was broken into during the night. The sisters were also driving a 1962 Chevrolet, the sheriff's office said, but it was not entered. Entry to the Mustang was reported by the motel's night manager at 4:18 a.m. Tuesday. The stolen items, valued at $762, included an electric gu?tar and case, a suitcase, an overnight bag, a table radio, a clock radio, an electric blanket, 10 stereo records and assorted jewelry and cosmetics. At 6:50 a.m. Tuesday, the night manager called the sheriff's office again, to report that someone had entered the 1966 Lincoln Continental of Joe Peercy, of LEADER'S PRE- ENJOY SAVING IN TIME FOR VACATIONS AND SUMMER OUTINGS 2400 Western Ave., Mattoon. Items stolen from the Peercy auto were valued at $503, nnd included 5 pairs of slacks, 6 neckties, 4 suits, 4 shirts, 2 belts and a sport coat. The sheriff's office said entry to both the cars was gained by forcing open a vent window. Two other reports were withheld by the sheriff's office today. How to Ruin A Honeymoon PITTSBURGH (AP) — When service station attendant Raymond Sherlock found the note wadded beneath the gasoline cap he followed the directions explicitly. "I've been kidnaped, call the police," it read. Sherlock jotted down the car's license plate number and called police, who stopped the car 30 minutes later on the Pennsylvania Turnpike. They questioned the driver, Merle Mennenga, for about 20 minutes, then let him go so he and his wife, Bonita, could continue to their honeymoon spot. A friend had stuffed the note under the cap after their marriage at Pecatonica, 111. Foresees Pool in Everv Back Yard By JOHN AP Business Analyst NEW YORK (AP) - "Someday swimming pools are going to be common as second bath rooms," said the swimming pool marketing man. "Well, maybe not that common but there'll be a lot of them," he added. The statistics tend to document the latter part of his claim. An industry census shows that from less than 11,000 pools 20 years ago, the total now has grown to more than 800,000. And the growth seems to be intensifying. By the end of this year, says the Hoffman-Harris Co., a publisher whose figures generally are accepted by the industry, hotels and motels will have built another 9,550 pools, clubs anoth er 1,900, municipalities 1,400, schools 1,700 and homeowners more than 60,000. Behind this boom in swim ming pools are not just higher incomes but basic changes in American habits and attitudes. A swimming pool is slowly falling from the extreme luxury category, for example. To many it is now a health tank. "The old idea of the swimming pool as something of a Ro doesn't hold water said a spokesman man bath anymore,'' for the National Swimming Pool institute, a trade organization. "Now swimming Is a health activity," he said, "one of the best sports for maintaining cardiovascular health." Convenience is another factor. People ask themselves why they should drive 40 or 50 miles to and from a crowded beach when swimming can be available just Livestock Prices At East St. Louis NATIONAL STOCKYARDS, 111. (.AP) — Estimates for Thursday. Hogs 6,000; cattle 600; calves 75; sheep 100. Hogs 7,500; 17 head 215 Ibs 21 .75;30 head 225 Ibs 21.60; U.S. 1-2 200-240 Ibs 21.25-21.50; U.S. 23 200-240 Ibs 21.00-21.25; 240-260 Ibs 0.75-1.25; U.S. 2-3 220-300 Ibs 19.00-21.00; sows, U.S. 1-3 300-450 Ibs 17.00-1850; U.S. 2-3 450-650 Ibs 15.75-17.00; boars 16.00-18.00. Cattle 2,000; calves 125; choice 950-1150 Ibs 26.25-27.00; mixed good and choice 25.50-26.25; good 24.00-25.50; choice and prime 8501000 Ibs 26.00; choice 750-950 Ibs 25.00-25.50; mixed good and choice 24.25-25.00; good 23.0024.50; choice vealers 30.00-34.00; good 26.00-30.00; choice slaughter calves 21.00-24.00; good 19.0021.00. Sheep 425; spring slaughter ambs choice and prime 90-110 bs 27.00; choice 80-110 Ibs 25.0027:00; good 23.00-25.00; small ots choice and prime shorn number 2-3 pelts 100 Ibs 27.00. beyond their patio and right next to the television set and the charcoal broiler. A good small pool, something less than 15 feet by 80 feet, cost somewhere around $3,000 installed and equipped, although prices range widely. In the middle sizes, between 15 by 30 and 20 by 40, prices generally are a bit more than $4,000. For the same price, an industry official comments, you could buy a good automobile. "So why not buy a less expensive car and put the money into a pool?" he asks. Although the most intensive pool population remains in the California-Hawaii and Florida areas, much of the present building activity is in the populous northeastern section of the country, where the Northeast Swimming Pool Association forecasts a 25 to 35 per cent increase in business this year. Increasingly the pools now being installed are prefabricated of vinyl and are erected partially above ground and surrounded with a wooden deck. But in ground concrete pools, which might cost 20 to 40 per cent more, still are the most popular. The expense doesn't end with the installation. Swimming pools get dirty, they get clogged with leaves. Wheat Off; Rest Are Irregular CHICAGO (AP) — Wheat futures prices fell one cent a bushel on the Chicago Board of Trade Wednesday but corn and soybeans were irregular. Trade was mixed and moved at a moderate pace. The weather, which had fig- cred in an advance of wheat prices Tuesday, also was a major factor in the decline Wednesday. Conditions had turned good for harvesting winter wheat in the Southwest. Commercial hedging of corn futures against increasing purchases in the country was a de- errent to higher prices. Oats and rye trade was slow and pricp? generally moved with corn and wheat. Trade in soybeans was rela- Obituaries Meyer Jfred ft. Meyer, 61, a patient at Alton Memorial Hospital for weeks, died at 5:30 p.m. Tuesday. Bom Oct. 18,1908, to Dow, he was the son of the late Herman and Johanna Meyer. At the age of 10, he moved with his parents to Bunker Hill, where he attended grade schoo: and was graduated from the Bunker Hill High School. After moving to the Bast Alton am, he was married June 18, 1940. in Wood River, to the former Lucille Burris, who sur vives and is a,teacher In the Eastwood Elementary School. Mr. Meyer was the first secretary - treasurer of Citizens Savings & Loan Co. when it was first or«qnized. Later he owned and operated his own Real Es tate and Insurance Agency. A resident of 187 W. Airline Drive, East Alton, he had prev iously been employed by Hes seriflow-Cannon Agency for 3 years. Beside his widow, Lucille, he is also survived by two sisters Miss Dena Meyer, St. Louis Mrs. Minnie Slivka, Edwards ville; and a brother, Herman Von Meyer, Wood "River. Friends may call after 6 p.m today at Marks Mortuary, Wood River, until funeral services ai 2 p.m. Thursday, at Maria, with Leslie B. Booth, Alton, in charge. The body will be taken to Val halla Chapel of Memories, St Louis, for cremation. ively light. Wheat was % to % cent a bushel lower, July 1.27%; corn was % lower to % higher, July 1.11; oats were % to 1% higher, July 69% cents; rye was % lower, July 1.11%; and soybeans were % lower to % higher, July 2.63%. Mens SWIM SUITS Discontinued Styles by notable California Makers. Waist Sim 28 to 36 O OFF Boys BERMUDAS in PLAIDS Permanent pressed (mostly). Regular and Slims broken sizes. Big name manufacturer. Sizes 6 lo 20 25% 0 OFF LADIES' SLEEVELESS BLOUSES Rag. 4.00 anil $.00 Now 2.88 GIRLS' BERMUDAS and SHORTS SETS Sim 3 to T4 O OFF JUNIOR CULOTTES Some with matching tops and jackets. They're groovy. CULOTTE DRESSES Choice of sleeves or sleevelets. Sizes 5 to IS. REDUCED 30% Speckmann EDWARDSVILLE - John E Speckmann, 81, of 217 McKinlej Ave., here, died at 5:55 p.m Tuesday in St. Joseph's Hospi tal, Highland, where he ha been a patient the past fou weeks. A retired fanner and forme employe of the Kriege Hatcherj here, Speckmann was a mem her of Eden United Church Christ and the Eden Church men's Brotherhood. He was born in Hamel Town ship Dec. 8,1886, and was mar ried Feb. 22, 1911, at Hame to the former Miss Emma Min nie Wiehe, who preceded him in death Nov. 27, 1967. Survivors include a son, Elm er Speckman, of Hamel; twi daughters, Mrs. Earl Grote fendt of Grant Fork, and Mrs Walter Suessen, of Edwards ville; a sister, Mrs. Dora Mich el, of Edwardsville; nine grand children; and one great-grand child. One brother and one sister preceded him in death. Friends may call at the Web er Funeral Home after 2 p.m Thursday until the body is taken to Eden Church at 10 a.m. Fri day. Services will be conducted in the church at 1:30 p.m. Friday by the Rev. Donald E. Crismon and burial will be in Inimanue] Church Cemetery, at Hamel. he Altar Society, and the fin- provement Club of the Church. Other survivors Include a daughter Bertha, at home; a son, Hetvry, Greenfield; one granddaughter; and three great- rrandsons. Twin children also jreceded her In death. Visitation will begin after 2 p.m. Thursday at the Mehl Funeral Home, Carrollton, where the Rosary will be recited at 8 p.m. Father John B. Murphy will be celebrati f of a Requiem High Mass at 10 a.m. Friday at St. John's Catholic Church, followed by burial in St. John's Cemetery. Meszaros Funeral A Requiem High Mass was sung at 9 a.m. Tuesday at St. Patrick's Catholic Church for Mrs. Margaret Meszaros, widow of Vende.l Meszaros, with Father James Casey as celebrant of the Mass. Comm'ttal services were held at St. Patrick's Cemetery by Father Casey. Serving as pallbearers were William Hofmann, William Maher, Oscar Thornton, Virgil Ostendorf. John Bower, and A. B. Matejra. Swain Funeral The body of Arthur B. Swain Jr., son of Mrs. A. B. Swain, was brought to Alton for graveside rites in Upper Alton Cemetery at 2:30 p.m. Tuesday with the Rev. Virgil Santee, Upper Alton Baptist Church, conducting the services. Mr. Swain was a former Altonian ard had been employed with Owens - Illinois Glass Co. in Toledo for 35 years. Morrow-Quinn Mortuary was in charge of arrangements. Rhodes Funeral Funeral services for Orville Rhodes, an employe of Shell Oil Co., were held at 10:30 a.m. Tuesday at Marks Mortuary, with the Rev. Manley Mace, First Methodist Church of Wood River, officiating. The body was removed to Shelbyville, HI., for burial in Glenview Cemetery. Pallbearers were Harold Hoover, Allen Welch, Charles Gunter, George Pohlman, Preston Bledsoe and Dan Bost. Kirbach LADIES' DRESSES and DOUBLE KNIT SUIT ENSEMBLES For ftin, iporti wetr, work «nd dressup occasion*, $J«tf OPEN MONDAY and FRIDAY TILL 9 LEADER'S Lodlii KNIT SHELLS Cotton—Nylon—Orion ilMi \L 34 to 40 73 OFF Lwllts COTTON SKIRTS A-line, straight, dirndl ityto. ideal for fun or work. | / CARROLLTON - Mrs. Anna M. Kirbach, 84, a resident of Carrollton for 11 years, died unexpectedly at her home at 5:15 p.m. Tuesday. She had suffered from a heart condition for several years. Formerly of Greene County, she was bora April 11, 1884, to the late Henry and Helena Snyder Abeln. Her marriage to John B. Kirbach, who survives and has been hospitalized for the past two years, took place Feb. 9, 19( in Carrollton. A member of St. John's Catholic Church, she was active in Sfzas itp 16 OFF Special Men's PUTTER PANTS CI M . M to ffWa «» • A 3.50 STREEPER Funeral Home MM Washington For Sympathy, tor Congratulations or Ju« for love. Flowers ore the nicest way of say- Ing what you feel, without putting a •train on your budget PH. 377443* SMITTY'S Lawn It Gardtn Supply Route No. 140- Bethalto, 111. Service with Dignity DAVID H. SCHAUER Visitation 11 a.m. today. Rosary 8 p.m. tonight Funeral Mass 9 a.m. Thursday St. Patrick's Church. Burial St. Patrick's Cemetery. Post Office Employei Visitation 7 p.m, Wednesday. Staten Funeral Home 220 Court Alton 465-8641 465-mo If we may terve you, Call our NEW number t 466*5544 FREE STORESIDE PARKING 710 K. BROAD WAY - ALTON, ILL,

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