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PAGE 1C - PLAINDEALER-WEDNESDAY, OCTOBER 22, 1975 A. G. Edwards & Sons, Inc. Weekly Market Review The current investment scene is certainly one of the most difficult in many years from both a fundamental and technical standpoint. Because of this condition, investment sentiment is extremely sensitive to the news and obviously investors (so far, at least) are unwilling to have a great deal of confidence in anyting for more than a few days. The best thing going for the stock and bond markets the past 10 days has been the Federal Reserve board and it started with the $1.9 billion decline in money supply. A further, although modest, decline was announced last Thursday which helped keep the extremely strong bond market rally going. The longer term bill argument is focused on prospects of a 25 percent or so leap in corporate earnings next year after perhaps a 20 percent decline this year. Also, many companies are selling at historically low P-E multiples. The "economic Scene" section of the Sunday New York Times listed some of the following problems which remain unresolved and obviously a detriment to the health of the market: Inflation, employing the jobless, improving productivity, setting an energy policy, aiding distressed municipalities, improving international relations, and bolstering confidence in all elements of society, clearly, there is alot of work to do and we see little evidence that the administration and the Congress are-getting it done. L»' The short term is clouded in two ways. First and foremost, the unknown future of New York City and what a default or a bailout would bring has everyone guessing. It appears to use that most' knowledgeable people either are totally confused or their opinions vary by 1800 degrees. The secoAd group of cloyds are the technical indicators which remain very mixed and not too dissimilar from other false starts. Long before the fundamentals clear Up, the seriousness of this rally will be signalled by a big pick up in volume and aggressive buying which lasts more than a few hours. At the moment, the jury is still out and so it our short term conviction. from HISTORY S SCRAPB00K D A T E S A N D E V E N T S F R O M Y E S T E R Y E A R S October 24 UNITED NATIONS DAY. October 25, ....ST CRISPIN'S DAY. Dedicated to the patron dint of shoemakers, saddtars, and tanners. DR. LEONARD BOTTARI 1 3 0 3 N. R i c h m o n d R d , M c H e n r y E y i t t x t m i n e d C o n t a c t L e n s e s G l a s s e s f i t t e d M o n , T u e s , T h u r s , F r i . 4 6 p . m . T u e s , T h u r s , F r i 7 » p . m . S a t . . 9 : 3 0 t o 3 : 0 0 P h . 3 1 5 4 1 5 1 o r 3 8 5 - 2 2 6 2 EARL R. WALSH & JACK WALSH INS. Fir*, Auto, Farm. Lite Representing RELIABLE COMPANIES 4410 W. Rte. 120., McHenry 385 3300 DENNIS CONWAY A U T O L I F E F I R E State Farm Ins. Co. 3319 W. Elm St. McHenry, III. 385 7111 HOUGHTON HEATING • Air Conditioning • Gutters PHONE 385-5476 McHENRY McHENRY „ LETTER SERVICE Paging Service-Now Availat M i m e o g r a p h i n g T y p i n g A d d r e s s i n g - M a i l i n g L i s t s 3 5 0 9 W P e a r l S t . . M c H e n r y P h . 3 8 5 0 2 5 8 ; 3 8 5 8 0 2 0 M o n d a y t h r u S a t u r d a y McHENRY COUNTY OFFICE MACHINES SALES-SERVICE & RENTALS Mon-Sat9 5:30 Friday til 9:00 93 Grant St., Crystal Lake Ph. 459 1226 A L T O R S Farm Equipment George P. Freund,Inc. Case - New Holland 4102 VV. Crystal Lake Rd. McHENRY Bus. 3854)420 Res. 385-0227 Halm's WONDER LAKE FUNERAL HOME 815-728-0233 3932 W. Rt. 120, McHenry "GATEWAY TO YOUR FUTURE" CALL US (R1S1 385-4810 l l R E U I RADIAL TIRES FOR ALL CARS Europa Motors Inc 2318 Rte. 120 8 15-385 0700 ED'S STANDARD STAKWWD SERVICE EXPERT TUNE-UP ATLAS Tires, Batteries, Accessories QUALITY American Oil Products PH. 385-0720 3817 W. ELM STREET * RADIATORS • Cooling System Specialists •k AIR CONDITIONING * Trailer Hitches Fabrication • STEEL SALES * Welding & Ornamental Iron WO*M <MJt SET."Si ADAMS BROS. McHenry (Nevt to Gem Cleaners) Phone 385-0783 Cupytt! m %Jr st our now q quick-action copy contor. Inventory Sheets Order & Bid Forms Catalog Sheets & Bulletins Promotional Letters & Flyers Important Correspondence Accounting Record* Invoice* i Statements Project/Product Specifications Try This Convenient New Service Soon! McHENRY PRINTING SERVICES 3909 W. MAIN s 385-7600 •wto-us* X£ROX» oqulpmontf On Veterans Day, Monday- Oct. 27, 1975 let us dedicate ourselves to a new America, that it may continue to live and serve the cause of freedom and peace. The McHenry County Board The McHenry County board is the governing body of McHenry county. There are twenty- four members, eight from each of three districts, with terms of four years each, with half of the members from each district elected each two years. A chairman is elected by the members for a two-year term and the county clerk is the clerk of the board. The board operates on the Committee system with committee meetings held as needed The average board member is called upon to attend about eight meetings a month, one of which is the county board meeting, ordinarily held on the second Tuesday, beginning at 9 a.m. in the County board room. Board members are paid only when they attend meetings. All County board meetings and committee meetings are open to the public, with meeting notices being posted on the public bulletin board in .the courthouse. The County board adopts its own rules, consistent with state statutes, and is guided by Roberts rules of order, otherwise. To facilitate conducting its business in an orderly manner, problems are presented first to appropriate committees of the County board, who then report or recommend to the County board at the monthly meeting. The College Diploma Time was when a college degree seemed to mean everything to the youngster who wanted to get ahead. It never was that important but in recent decades so many jobs required that level of education, that piece of paper, it was therefore prudent to obtain it. A degree still means much but a study recently completed under the auspices of Harvard university and Massachusetts Institute of Technology shows college graduates are losing their economic advantages. More than that, the study shows a college degree no longer is something of a guarantor of social advancement and acceptance. In the past five years, the study shows, the college job market has declined from a state of boom to bust. Meanwhile, pay levels for jobs not requiring a college-level education have steadily risen. Wise men have always reminded citizens a diploma didn't necessarily mean much. Numbers of fools, misfits and uneducated have possessed them in recent generations, some from diploma- mill colleges. What matters much more is desire, ambition, sincerity, willingness to work and learn, and dependability. If you have those qualities in a fair degree, the diploma isn't necessary; it doesn't handicap anyone either, of course, and is still highly desirable-just not as rewarding financially as it formerly was. Shovy-Biz Egos On a recent talk show Johnny Carson drew laughs with a joke to the effect that Richard Nixon was reportedly seeking a royalty on all lies now emanating from the White House. Maybe the former President deserves such jibes from those who still pick the bones and maybe he doesn't. Comedians can always get a laugh from such a thrust, however, and that's their livelihood, so the process is inevitable. , Over the years students of politics have noted the left wing tendency of most showbiz master of ceremonies. Often they are poorly informed on government and politics, and fail to understand the issues, but they must talk-and they do. All of which is fair and good in the world of entertainment. But is should also be kept in mind that the entertainment racket is centered always in metropolitan areas, notoriously liberal of leftwing. Performers seeking applause play to, and are sometimes intimidated by, sentiment in their locality. Also, they like to appear all-out for the theoretical little man (so many of whom dote on television) while they tuck away scandalous salaries. In short, the"in" thing in show-biz is to bleed for the poor masses-in a pitch for popularity, which is in turn the road to greater revenue for the performer. It's good to keep that in mind in listening to great political pronouncements from show-biz egos. Forty Judges "Go To Jail" In Ninth Tour Sheriff Report SEPTEMBER ACTUAL OFFENSES: Rape Robbery Theft Auto Theft Assault Burglary Burglary from Auto Forgery-Deception Criminal Damage Weapons Sex Offenses Narcotics Arson Disorderly Conduct Others Suspicion Missing-Runaway Abandoned Vehicles Anonymous Calls Domestic Trouble Emergency Assistance Found Articles Lost Articles Mental Outside Assistance Attempted Suicide Traffic Liquor violations Miscellaneous Investigations JUVENILE CASES HANDLED: Theft Burglary Forgery-Deception Criminal Damage Weapons Sex Offenses Narcotics Disorderly Conduct Suspicion Missing-Runaway Anonymous Calls Miscellaneous Investigations PERSONS ARRESTED Theft Assault Burglary Forgery-Deception Criminal Damage Political 1 2 63 5 15 65 18 1 67 3 3 11 3 22 20 17 10 6 10 36 4 20 18 5 20 2 32 10 9 4 1 1 7 1 3 1 1 1 17 1 28 16 22 3 9 CANDIDATE SPEAKS The McHenry County Republican Central committee is holding a committee meeting Oct. 23, at the Republican headquarters, 56 North Williams street, Crystal Lake, at 8p.m. Guests for the evening will be candidates for lieutenant governor, Dave O'Neal and Joan Anderson. More than forty Illinois judges will "go to jail" Friday, Oct. 24. Judges from the circuit courts of Illinois will visit the Correctional center at Van- dalia, Illinois. The center, located in central Illinois, is a medium security correctional institution and houses offenders who have been convicted of misdemeanor and felony of­ fenses. This is the ninth tour by Illinois judges in a series of continuing programs to familiarize the judiciary with the state's correctional in­ stitutions and rehabilitation programs which will be con­ ducted by the Supreme court's Weapons Sex Offenses Narcotics Arson Driving While Intoxicated Disorderly Conduct Others Missing-Runaway Non-Support Traffic Liquor Violations ACCIDENT INVESTIGATIONS HANDLED: Total number of accidents Personal Property Bodily Injury Fatalities Warning Tickets Issued 4 1 16 1 9 37 28 3 3 210 10 116 72 43 1 43 Administrative office of the Illinois Courts in cooperation with Allyn Sielaff, director of the Illinois Department of Corrections. At the center the judges will meet with Director Sielaff; Joseph Feconda, administrator of Adult Institution Services; Leo Meyer, warden of the center; and a representative of the Parole and Pardon board. The judges will then tour the center and visit the buildings in the complex. . After an "institution lunch," the judges will continue the tour and then assemble to hear Director Sielaff and the center staff. Following the discussion, the judges will listen to and participate in a "rap session" with inmates in which the judges, the center ad­ ministrators and inmates will explore treatment and rehabilitation programs at Vandalia. Among those attending will be Judges William D. Block and Bernard D. Drew, Jr., both of Lake county, both representing the 19th Judicial circuit. 4-H NEWS The McHenry County Youth council has recently reorganized for the 1975-76 year. The purpose of the Youth council is to represent the in­ terest of all the people of the county by assisting the Cooperative Extension service in administering personnel, youth programs, and fiscal affairs in McHenry County. The primary program of concern to the Youth Council is the 4-H program. Retiring members of the Council include Ron Hansen, Woodstock; Jan Sherwin, Woodstock; Elsie Blackburn, Hebron; Dave Cash, Harvard; Ben Jacobs, Sr., Wonder Lake; Don Luerssen, Harvard; Jeanette McCullough, Har­ vard; Mary Payne, Woodstock; Ervin Staveteig, McHenry ; and Ruby Wittmus, Harvard. Continuing on the council are A.B. McConnell, Jr., Wood­ stock; Lloyd Shaw, Woodstock; Larry West, Alden; Claudia Bowen, Marengo. The Council's new members are Vern Stade, McHenry; Janice Olbrich, Harvard; Irene Kuhlman, Hebron; Dorothy Schultz, Algonquin; Barb Byron, McHenry; and Peggy Bren- necka, Harvard. Exchange Delegates Sought - Applications for In­ ternational 4-H Youth Ex­ change (IFYE) represen­ tatives and Youth Development Program (YDP) delegates are due Nov. 15 at the McHenry county Extension office. The 4-H international ex­ change program offers a unique educational opportunity for young people to live and travel abroad. Participants stay with host families and become involved with youth programs while living and working in a typical family situation. Applicants may choose from a list of more than thirty countries and may elect to be an IFYE representative, serving from three to six months in the host country, or a YDP delegate, living in the host country for 14 months. The only requirement for an applicant is that he or she must be between the ages of 19 and 25. Applications for the IFYE Caravan, a shorter sum­ mertime program for 16 to 20- year olds, are not due until early spring. More information on this teen program will be coming later. Program expenses for an IFYE representative and YDP delegate are shared by groups in McHenry county, the Illinois 4-H Foundation, and the National 4-H Foundation. Application forms are available at the Extension office located at 11909 Mc­ Connell road in Woodstock. Golf Defined We like this definition of golf--the game that turned the cows out of the pasture and let the bull in. -Star, Andalusia, Ala. Plan Observance Of Safety On Streets Week States on observing National Safety on the Streets (S.O.S.) week Oct. 26 through Nov. 1. The theme of the event, * > * * t * * * * t * * * * * | * * t * t * * * * * * * * Are You New In McHenry Area ************ Do You Know Someone new? WE WOULD LIKE TO EXTEND A ROYAL WELCOME TO EVERY NEWCOMER TO OUR AREA ! ! ! ! I CALL JOAN STULL 385-5418 McHenry and the auxiliary of the Illinois Rural Letter PRISONER C^NT FOR THE MONTH miS^co^eriS MalesReceived 167 citizens throughout the United Adult Females Received 17 _ nhL™ina Kannna\ Juvenile Males Re£eived 6 Juvenile Females Received 2 Total Prisoners Received 192 Total Prisoners Discharged 194 SD0nS0red bv the Women's AveragePrisonerCountperDay 43 Sence of the NaUonal Safety Council, is "Let's Bring Back Safety on the Streets." The auxiliary of the I.R.L.C.A. will mark the special week with observances of the third annual S.O.S. week which will also be held by other women's, parents', civic, service and law enforcement organizations in communities in all fifty states. The intent of S.O.S. week and the entire ongoing S.O.S. campaign, now in its fourth year and developed by NSC's Women's conference, is to raise the consciousness of the general public against the high numbers of accidents and assaults on the nation's streets and highways through action- oriented voluntary programs. Areas of S.O.S. attention in­ clude automobile safety and related national highway standards, bicycle safety, self- defense, alcohol and drug countermeasures, pedestrian safety, street lighting and child safety. Prisoner Records Prepared ,. 192 Warrants Served 179 Court Processes Received 570 Court Processes Served 525 Bailiffs In Court 113 Persons Taken to Court 146 Meals Served for the Month -- 2,791 Persons Conveyed to other Institutions 4 Mileage Conveying Persons 270 Mileage ServingCourt Processes 7,896 Mileage Patrolling and Investigating 80,306 ,<* & ov* K0YAI WHCOMf KNOW YOUR AREA-ROYAL WELCOME DOES IT BEST K0ENEMANN Country Made Sausages, Hams and Bacon GERMAN IMPORTS AND CHEESES A Full Line Of Delicatessen Just east of Rt. I 815-385-6260 Children Nearly six million children are c u r r e n t l y g r o w i n g u p i n fatherless homes. Children are awarded to their mothers in ap­ proximately 90 percent of the child custody cases. A study of middle-class, executive-type fathers indicates that fathers of infants under one year spend, on the average, 37 seconds a day with their infant offspring and about 15 minutes a day with their children over one year of age. Almost anyone can tell you how to live your life. For Your Information Dear friends, The religious funeral is usually public so that members of the bereaved's religious com- munity can share their emotional and spirit­ ual support and join in the affirmation of belief. The "humanistic'* or secular funeral service should likewise be public toallow family and friends the opportunity to share their love and sorrow with the bereaved. Respectfully, PETER MJUSTEN & SON FUNERAL HOME & McHenry, Illinois 385-0063 I