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The Kingston Daily Freeman from Kingston, New York • Page 12

Location:
Kingston, New York
Issue Date:
Page:
12
Extracted Article Text (OCR)

TWELVE THE KINGSTON DAILY FREEMAN, KINGSTON, N. MONDAY EVENING, MAY 24, 1965 Financial and Commercial WI NEW YORK (AP) A few special situations brightened an otherwise dull and declining stock market early this afternoon. Trading was moderate and I chances of most key stocks were fractional. Here and there were some wider off 6. DuPont down nearly 3 and Boeing down 2.

Steels, autos, oils, airlines, tobaccos and building materials were narrowly mixed. Drugs, electrical equipments and mail order-retails were Generally lower. Opinion in Wall Street was cautious following last week's steep correction of the previous advance. The Associated Press age of 60 stocks at noon was off TWO HI HT IX Henry J. Houdo.

19. of 429 Hawley at 337.1 with industrials off Avenue Sen driver, and Robert VanSteenburg. 18. also of 1.0. rails off .3 and utilities off Syracuse who suffered head and other injuries when the car above struck a tree on Second Avenue at I 30 p.

Saturday, were re- The Dow Jones industrial av-, rites FOR SEA annual mcm- ri' i ted 'in'satisfactory condition today at Kingston Hospital. They crage at noon was off 3.60 at oriaj ceremony for servicemen ho died at sea were thrown the The tree is on the property 918.41. Charles Clarinda, of 123 Second Avenue. The injured were Prices were mixed in model SUCCESSFUL INVESTING- hf ROGER E. SPEaR kirlumr mi Not Too Old at 60 For Growth Stocks social, mat was held Sundav at the Freeman dock.

Canal o' inanes uaum.a, Street. The ritualistic service was conducted taken to Kingston Hospital by ambulance. Officers Louis ate trading on the American by Mrs. Helen Edge president of Joyce- Sapp (left i and Thomas Childs investigated. i Planning Board Meets Tonight Ulster Conn Santo Peace Stock Exchange.

Schirick Post 1386 Auxiliary. Veterans of For- Corporate and U.S. treasury eign Wars. Cornelius Courtney. VFW com- bonds were mostly unchanged mander, served as master of ceremonies.

Parin light trading. Quotations by Wood. Walker ticipating were the Rev. Patrick R. Yos- tcllo.

pastor of Reformed Church of the Comment of Donald Reid Cabral. Cnmnanv of the tarter, who delivered the benediction; Patrol- The military situation reached New Exchange. 63 roan Richard Scherer, soloist; Richard Davis. a stalemate last week after Wall Street. New York City.

Jlf troop, broke rebel resistance Weekend Fatals the regular in the northern suburbs. Lister County This left the rebels in control of QUOTATIONS AT 12 I He was pronounced dead by Dr. VFW chaplain, who offered the invocation; Thomas J. Wickman, city engineer, who delivered the address; Commander Courtney; Sgt. Samuel Brown, Marine Corps recruiter, guest speaker; Mrs.

Edge; Chief Petty Officer John M. Gibbons. Navy recruiter, who cast the memorial wreath on the waters of Rondout Creek. The Salvation Army Band played the National Anthem. Richard Nardone sounded taps and the VFW provided the firing squad.

(Freeman photo bv Kruthi supervisors, as- others interested in YHinty tax map were at ton sessois an a proposed invited to meeting of Planning Bol the Court House, at which time a film will be show on tho benefits of such a plan. Ralph Brach of Walden. Plan- States has ordered its troops not at 8 tonight in a downtown area 12 city blocks American Air Lines long and 8 blocks wide cordoned off by U.S. troops. The United American Can Co 61-8 4i American Motors American Radiator American Smelt.

Ref Cc. mug Board chairman, said that to ailow eithcr sidc across its American Tel TeL pianist. two ic ei American Tobacco She is ll 1 ex Rpm in in a in Politic A RH ClltS, Ell James H. Watt. Senior Investigator E.

Donahue and Trooper Jerry Pine, Rhinebeck substation, invest i- gated. 69 Miss Gardner was a talented Being Received Saugerties Man Injured. Burned In Sundav Crash By ROGER E. SPEAR Q) husband suggested that I buy stocks with $12,000 I just inherited. I prefer growth stocks.

At 60 years of age, is it too late to buy such issues? We can well afford to invest this money, since savings and other income provide for us very L. A) I am very glad to hear that you are so fortunately situated. I do not. by any means, consider 60 years of age too old to buy grow th stocks. Since you ap- pa rent Iv have never invested in this medium.

I must tell you I that all stocks are subject to fluctuations, that the market is I at an extremely high historical i level and that you should not buy growth stocks, or any others, unless you have the temperament to sit through any future decline with patience and fortitude. If you can do so. I suggest the purchase of Avon Products. Bris! tol-Myers, Northern Illinois Gas and Winn-Dixie Stores. I believe I you will find rewarding if held over a period of time.

Q) have been watching Benguet, listed on the New York Stock Exchange, for many years. It never seepis to move much, although it is often very active! Do you think this stock will amount to anything after so many J. p. Ai Many people are interested in Benguet, largely because it is probably the lowest priced stock traded on the Big Board. The company mines gold in the Philippines and also has some chrome and timber production.

Benguet sells its gold to the Philippine government and is paid subsidy in pesos which sometimes fluctuate rather widely in relation to the U.S. dollar. Earnings last dollars to $0.13 a share and were below those of a decade before. The shares have made no progress since 1953. I regard them as highly speculative and would avoid them.

Roger Spear's new 18-page Guide to Successful Investing is now ready. For you copy, clip this notice and send $1 with your name and address to Roger H. Spear, in care of The Freeman, Box 1618 Grand Central Station, N. Y. 10017.

(T-M, WRR Gen. Fea. Corp.) In Third Ward preparing tax map- for Orange Remaining in Politics I Anaconda Copper and Sullivan counties, will show military civil war is 1 Atchison. Top Santa Fe the film and discuss the tax said one diplomat here. I Manufacturing maps.

One of the win cjvjj war will continue be the project manage; paring the map- for the neighboring counties, he said. Note Heavy in Avon Baldwin-Lima-Hamilton 68 22i 2 17 trouble during the Imbert said in a radio speech Baltimore Ohio R. R. that the rebels were facing Bendix Aviation U.S. and OAS negotiators were still trying to get agreement from the rebel and junta rains and loaders for a government rcpre- survived by her par- nest and Tisanne Swell Gardner; a sister.

Christina: paternal grandfather Burton Gardner of Pine Hill; grandmothers, 8 Mrs. Lillian Phillips and Mrs. Marion Woods of California. and crashed into the sea, bu. the sor)Jjng all political factions expect parachuted and was res- COpt Communists and right-wing cued.

extremists. U.S. Air Force planes also U.S. negotiator MeGeorge dropped about JDO.OOO propagan- Bundy was reported pressing da leaflets on the towns of Binh for a government headed by Cam and Liot, about Antonio Guzman, minister of miles northeast of inh agriculture under ex-President North Vietnamese President juan Bosch. The United States Ho Chi Minh declared that U.S.

was also reported insisting that air raids will not weaken his rebel and junta leaders be nation. excluded from the government I he U.S. imperialists bar- rebel spokesman reiterated barous and perfidious maneu- Sunday that Caamano was vers only increase our people ready to resign as soon as a hatred and only instigate them government was agreed on. But to fight resolutely till final vie- imbert resisted any compro- Eastern Air Lines Ho said in a statement nijse with the rebels and insist- Eastman Kodak broadcast by Radio Hanoi. cd they must surrender.

I Eltra Corp. I he South Vietnamese gov- Caamano reportedly told OAS Ford eminent charged in a conium- negotiator Mora that' the rebels General Analine pique that the attempt to over- hoped for a solu- throw Premier Phan Huy Quat He also told Mora the retro vc in mrnt week was a wanted the next Communist plot to steer South election held under OAS Vici Nam toward neutralism vision. Under the last constBu- and eventually communism. tion which the military threw However, the government out vear the recrulgr presented no evidence that the presidential election is sched- Commumsts were behind 'he ujod for attempted coup. It was blocked Rebel foreign Minister Jottin by the arrest about mill- Cury told newsmen Sunday tary officers and civilians.

was being 11 I made in the negotiations, but Will Admit A uh there was no corroboration of his optimism from other know. You never know sources. going to U.S. officials were reported Sister Frances bom convinced that Communist lead- Frances Catherine Florcr has ors no longer dominate the reb- boen interested in law longer els. They said movc- ihan she has been concerned ment was once controlled by the with being a nun.

Communists but any long- She was born into a Methodist cr. Bethlehem Steel Borden Burlington Burroughs Cise. Co. Celanese Central Hudson Chesapeake A Ohio R. Chrysler Columbia Gas System Commercial Solvent! Consolidated Continental Oil Continental Can Control Data Curtiss Wright Delaware Hudson Douglas Dupont De Nemours 633 a 81 38 Vs A 25-year-old Saugerties mo- I torcyclist, severely injured and burned Sunday afternoon when his cycle collided with a car on Donations for support of the Route 32 about miles west of Thud Ward Memorial to service- Rt.

212. remained in critical men are being accepted as dition today in Benedictine Hos- May 30 approaches, the day on i a I. which Americans remember State Police said that Michael those who sacrificed their lives Kinkcl, of Saugerties RD suf- demoe- fem! second degree burns and cuts to the body. Memorial Richard Swart. 17, of Sauger- ii- in the wars racy.

The Thin cctcd aftei fought at tie ra I ti also, several aunts, uncle cousins. Her grandfather Ham Swell is deceased. Funeral Is Tuesday I The funeral will be 'n tIii? E. B. Home, Phoenicia, Tie sday 2 p.

with the Rev. O-tcrhoudt S938 Phillips of Shokan Reform 69 I Church and the Rev Harvey si Todd of Moliere Hie Reformed Church, officiating. Burial will he in Hudler Cemetery. Mi. hi Tremper Friends may call at Contributions for maintenance caught on fire after the collision the funeral home at anytime.

the memorial may be left and Swart suffered burns when 75 Elsewhere in the state. thn with Alderman John J. Nac- he tried to help Kinkel from the 63 Associated Pres- retorted a fro carate of the Third Ward, to wreckage. Hie com and Cfi American fl 130, Amcri 1 ties driver of the vehicle World war ii is involved, was treated at Bcne- of Highland Ave- dict inc for burns to the hands, rn Avenue. Gift of and released.

Troopers said that Kingston Kinkel was driving north on Rt. jCgicti, and 32 and Swart was making a left wen from Charles E. Brown turn from Quarryville Road onto 121 Clifton Avenue have Rt. 32 when the vehicles col- lided. They said that the cycle received year-old boy was accidentally I shot by his step-sister and three I Pennsylvanians in automobiles 40 died in a collision Upstate.

Seventeen died in traffic acci- dens and two in other mishaps in the 54 hours from 6 p.m. Friday to midnight Sunday. The death toll, almost unchanged from recent weekends, was expected to be higher next week with the three day Derrcnbachcr Street, Clarinet Hvde, 75 Clifton Avenue. olm Ava ll. Dittus 42 Cli 43 Vi 102 cis to extended motoring General Dvnamici General General The lad killed in 23 accident Sunday 65 12 462 PX) IU places hospital, with separate for major and minor sur- a recovery room, labora- Iental clinic and other fa- Fire fighters from Centerville or and Cedar Grove responded to en extinguish tho blaze.

Fire Police from the volunteer departments directed traffic at the scene. Trooper Norman Kilfoyle. Lake Katrine substation, investigated. The accident occurred about 1:50 p. rn Sundav.

Dav weekend luring New York- C1U i( DEATHS rh General Tire Rubber Goodyear Tire Rubber Hercules Powder Int Bus International Harvester 37 International Nickel International Paper International Tel A Tel. J'-'hrs-Manville Co 61 Jones Laughlin Steel Kennecott Copper Ill Liggett Mvers Tohaceo Lockheed Aircraft Mack Trucks Montgomery Ward Co. National nothin hooting was Georg0 Harris. He was struck in the head by a bullet fired from a rifle that he and the 8-year-old girl, whom lolice did not identify. were handling in a New York City apartment.

Police said the vveatxxi vva- outside the 9.565-foot-mountain tough old lady." one officer called it to indicate what is inside. The entrance, reached from a road winding up the moun'ain- Saturday of pneumonia in side, looks like the mouth railroad tunnel. To Lessen Blasts The entrance tunnel runs I NEW YORK Gribanovsky. 92, a former leader of the Russian Orthodox Church outside of Russia died his a Manhattan home. Gribanovsky retired last year as head of the group set up after the Communist revolution in 1917 to earr about a quarter-mile inside the for parishes outside the Soviet mountain before reaching he Lnion.

owned by their grandfather 1 James Larkin, 64, of Baltimore, main ripening the command who was visiting. center. The tunnel is curved, in Edward G. Smith. 67.

and his part to lessen blast effects, wife. Beatrice, 68. of St. At this inner approach to the and Charles F. Boller.

81. center, crews will emplace the sonjor aido was killed of Port Allegany. were giant eight-inch-thick blast sunday a fraffic accident. doors LEBANON. Ind.

(AP) Ernest R. Lee. a finance executive who served in World War II as National Dairy Products family at Ann and Caamano has always denied New York Central won a Phi Beta Kappa key that Communists controlled his I Niagara Mohawk while studying law at the Uni- faction. 7h i rower va rsity of Michigan. She gradu- A recent economic report on I I ated in 1927 and was admitted to the Dominican Republic released orld Airlines 91 91 i killedsa ielav in vvo-ca r.

spaced about 50 feet head-on collision on Route 305 apart. One of the motor-driven near the state line in Cattarau- doors will be kept closed at all gus County. The Smiths were in times. the Michigan bar the following in Washington depicted PenneV A Co year. country as a land of near star-! Pennsylvania Railroad Co.

She married Arthur Rover, vation. Phelps Dodge who owned a general store at It laid much of the blame for Phillips Petroleum Mecosta, near the center of the the revolution on the inadequate I Pullman flivver Peninsula, and served food supply and said the country I Radio Corn of America for a while in the State Senate, has land and manpower to feed 1 Republic Steel She went to work for the Leg- its people well but lacks agricul- Revlon Inc ani! ard Reynolds Tobacco I rom IHI through 19o.) served vestment. as the chief draft- -ears Roebuck Co. 0f hup ar-. lf Sinclair OU She said she had handled bffg Market Socony Mobil 85 more than 25.000 bills.

NEU YORK Southern Pacific Royce died in 1947 Five year- Wholesale egg offerings ample. Southern Railway later his widow was converted fair. Roman Catholicism. She felt New 3ork spot quotations fob Standard Brands iii iwn to the religious life. Some tov: Standard Oil of later she sold the store Standards 26 a-2i2; checks standard Oil of Indiana and came to the Sisters of Char- Stewart Warner Extra fancy heavy 8 ona vehicle; Boller in the other 48 Other death included: Saturdav Iii contractor by community by the Army Engineers blast about a million of granite out of the mountain to create Rochester F.

Duval, the three miles of tunnels. It in a Lee, 54, president of the Economy Finance and executive vice president of Indianapolis Morris Plan, died when his car struck a bridge abutment near Le anon. SIDNEY. NY. S.

Ostrander. 69. a retired Report Troops station controlled by the miners in Catavi appealed for a 48-hour nj cc. Miners in the Quechisla arca were reported to have blown un railroad bridges. interrupting ral traffic with Argentina.

Presidential assistant Fernando Diez de Medina said troops had taken over the mining center at Kami, near the city of Oruro. 140 milos south of La Paz. He said will carried out at all mines of the state-owned Bolivian Mining Corp. The ruling military junta ordered the army to occupy the mines after striking miners refused to return to work. A government decree declared the mining centers military zones and put ail perrons under military jurisdiction.

The miners' union proposed a suspension of the strike Sunday night if the government would cancel its mine occupation Older and recognize the union rights, the miners' radio network said in a broadcast. The miners control IO radio station- There was no immediate response from the government. Before the move on the mines was announced. President P.ene Barrientos told newsmen the government would ask the Roman Catholic Church to mediate the conflict with the tin miners. The archbishop of La Paz.

Mser. Abel Antczana, had volunteered to serve as a mediator Government Minister Col. Oscar Quiroga blamed the Com! munists for the crisis. The Central Bolivian Workers Association called a nationwide strike last Monday to protest the deportation of Juan Irochi.n. a leftist labor leader and former vice president.

Strike- and riot' ins broke out in La Paz and in the mines, and the government sent another 17 ieader- i into exile in Paraguay Saturday to join Le ch in. An armed band of gunmen I tried to assassinate President Barrientos near the Kami minAs Saturday. escaped un- harmed, but one of his euaids was killed Four of the gunmen were captured Vienna Socialist 17. of suburban Hi bridge abutment. Oneida Miss Jean II.

Harris luto took a mite to do that Information fered Friday night in three-car Command. Without the latest, accident. most complete and fastest in- Oneida Mrs. Kathleen C. El- formation, the NORAD com ty official in 1932.

I He was elected mayor of th-' city of 1.8 million in 1951 and million poinds of dyna- Army brigadier general who concentrated on building low- rent homes, hospitals, kindergartens and bridges and restoring the city as one of chief tourist attractions. job. saw service in both world wars. he lifeline of fhpd Saturday. He suffered a 39.

of Dewitt, of injuries sui- the North American Air Defense heart attack at his home in Unadilla earlier last week. Family Court Has Case of4 Youths In Area Break-in Four Shandaken youths were to be petitioned in Family Court today on burglary charges in connection with a brcak-m over the week. nil in a Fox Hollow summer camp The youths whose names cannot revealed Ixtcause of their ages ate being held juvenile linqucnts. State Police at Lake Katrine sub--tat ion said they i broke into the nome of Forrest Lutcher and -tole a quantity of kitchenware and other articles. They sa.

I the youths broke IKe windows and entered the building through a doorway. DCI Im st igator Joseph Moore, Trooper K. Weidmann and Shandaken Constable Robert Grennie Plattekill Man (Mil On Larceny A Town of Plattekill man was confined today in Ulster County Jail to await a preliminary examination June ll fin a felony charge of first degree grand iar- cony. Cecil Rudolph Starr Jr. demanded the examination at his arraignment Sunday Peace Ju-tice James Palen, Town of Plattekill.

Police from the Highland substation arre-ted Starr on a charge of stealing a wallet about 2:45 a rn Sunday from Antonio Perez. 31, Route 208, Gardiner. Starr was committed to the county jail when he was inabie to post $500 bail. Sgt. William Cameron and Trooper Jo-eph Czaplicki of Highland sub-tation inve-tigated with In- ve-tigator Roger Gardner of Hie BCL I ailed lo Keep A woman was injured and a driver was booked on a charge after a two car mishap on Park Street near Clifton Avenue reported at 4:40 rn.

Sunday. Mary Ann Stenron, 24, of 49 East Chester St! eof, charged with failure to keep right, was fined $10 in city court todav. The other driver was Thomas A. Bv nos. 55, of 29 Avenue.

June Cogswell, 20, of 326 Delaware Avenue, reported a knee injury and was treated at the Benedictine Hospital mer. 21. of Chittenango, colli- mandor would be gravely ham- 1 1 Hi VV have their Mother st. Joseph, west verlooking the Oh nd se MOUM Cincinnati River. The sisters legal adviser, wa- admitted to bilo wearing robes.

She took vows hi 1962 a acher of busine women's college the -isters, She continued to represent si-ten in the courts. hen she was admitted to practice before Hie fedemal courts in Cincinnati six months ago, lier if she actual Iv expected to argue any cases there. 5 es if there violation of the federal she said. Ie her their in 1956 she he Ohio oui novitiate's icr perpetual I became a law at the operated ijy weight fancy medium 2 9 2 25 fancy heavy weight medium 23; smalls 2(821. Browns Extra fancy heavy weight fancy medium rated States P.uhber fancy heavy weight United States Steel Packard Texaco Inc Timken Roller Bearing Union Pacific ''nited Aircraft sion of car and motorcycle sh" was on.

Syracuse Schleter, 15. of Syracuse, sports car overturned and rolled down embank mort. Endicott Parvin, 19, of Endicott, auto hit tree. Mrs. Wanda Izydorczak.

45. of Cheektowaga, foil from second-story window in smalls Western Union Westinghouse Flee Mfg. Woolworth Co Youngctrwn TMhe UNLISTED STOCKS Bid American Express Stuyvesant A Barber ti Shop 3 BARBERS EXPERT SHOE SHINE Grooming Needs 278 FAIR STREET THONE FE 8-981A Butter Prices EW YORK (A PI (USDAI Butter offerings ample. Demand fair. Wholesale prices on bulk cartons i fresh).

Creamery 93 scroe (A) 59 Berkshire cents; 92 score (A) Uen. Hud Pfd. I 60; 90 score (Bi Cen. Hud Pfd. Cheese offerings adequate.

Do Rotron mand fair. Beauty Wholesale sales, American cheese (whole milk). Single dai- sios fresh cents; I daisies aged 50-53; flats aged 50 processed American pasteurized 5 lbs do! mestic Swiss (blocks) grade i 47-51; grade 45-49; grade 44-48. 95 96 14 Ask Browne Sunday. Sunday Ogdensburg William Gladle, 7.3.

of Flossie, St. Lawrence County, auto struck embankment akng Ogdensburg Hammon Road. Watertown Lance E. Finley, 18, of Antwerp, car hit in a along Route 37. Cortland Lynn Johnson, 59, of Cortland; his auto struck tree.

Buffalo W. Simonds, 18, of Amherst, auto overturned on Main Street in Amherst. tu -r Whitney Point Thomas O. cash position or the Trcasuiv. at ro 01 tv i- iu II McKee.

21, of Port Dickinson, pored in reaching what could i)e I i e-or-d cath iud gm en s. Data Flow Ile must be able to communicate those judgments to Washington. the Strategic Air Command. and to Ottawa, capital. Into the combat operations center must flow an unending stream of data on aircraft approaching North America, on suspicious submarines off the coasts, on satellites whirring overhead, on readings from the giant rn i i I e-warning radar screens.

The high-speed computers i gobble up this data, along with ni vx ro 11 'wfcai inputs reflecting the degree of Communist military readiness. deployments of Red forces and .5 I i 56' 8 12 her home. "8 a ss Mrs. Veronica 45 Scott, 57, ol Waterloo, a toll su- pervisor on the Thruway, in I two-car crash on the -uperhi'jh- I way. 51 Baker, 16, and 431 William R.

Browne. 21. both of 74 even political factors. In as short a time as ll seconds, the electronic brains can digest this information, interpret it and then display it on two screens facing ihe NORAD commander in his theater at the heart of the underground complex. Varifab Inc Treasury Receipts WASHINGTON (AP) The Zaretzki Ready and waiting to serve your every PAINT need! SHULTS PAINT STORES 87 N.

Front St. 20 Dedrick St. May 19, 1965 Balance SIO, 581.361,330.61 Deposits fiscal vear July I $106,752,624,656.47 Withdrawals fiscal year auto crashed Route 79. into espoused only Democratic Parly principles, platform and Asked if Kennedy is response a one sible for the division in the Democratic Part Zaretzki said: not aware that he's done anything to heal the divi- atmn's Phone FE 8-1377 tai year $111,294,563,796.51 In the advertisement Friday At another point, Zaret- Totai debt $316,699,496,147.04 night of Garage per- zki said Kennedy was not to Factory taming to Method blame for the division. when tomato juice or canned Oven Baked Auto the --------------------------I tomatoes are used as the liquid phone number should have been Fver add orange juice instead in tho stew, basil is a good herb FE 8-1377 instead of the number of water to pie pastry? Good I to add for seasoning.

I listed. i with fruit fillings. fyf 9 rn rn ww -NOTICE In order to give our employes a longer Holiday there will be no Saturday banking hours at the Rondout Savings Bank on Saturday May 29th, 1965. Normal banking hours on Saturday will resume on June 5th, 1965, 9 a. rn.

to ll a. rn. Rondout Savings Bank 26 Broadway Member Federal Devosit Insurance Corporation fl.

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About The Kingston Daily Freeman Archive

Pages Available:
325,082
Years Available:
1873-1977