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9 SECTION 2 - PAGE 6 - PLAINDEALER - WEDNESDAY, NOVEMBER 5,1975 A. G. Edwards & Sons, Inc. Weekly Market Review One of the most important lessons the stock market has taught us the past 15 years is an awareness that if things look quite clear and totally understandable, watch out. This means that investors, and stock market analysts in particular, must learn to live with the uncertain, the unclear, and the unknowable. Once one has accepted this and adjusted himself (and his family) to what this type of environment does to one's moods he can then, with the occasional help of ulcer medication, survive and perhaps even prosper. However, the current market environment both fundamentally and technically looked so mixed to us last week that extreme steps were called for and a trip into the woods seemed like a great way to clear the mind and develop a strong stock market conviction. Well, we did manage to conjure up one strong conviction - a trip to the woods is a good idea no matter what the reason. But no matter how hard we tried, the prime factors influencing the trend of stock prices both near and long term remained very mixed and inconclusive. On the surface, it would appear that almost everyone else sees things very clearly and positively as the investors intelligence reports that 63.2 percent of professional seers are Bullish and only 21 percent Bearish. However, saying isn't doing and the action of the stock market indicates a lot more confusion than that statistic would indicate. And a check of the stock charts shows rather clearly the ambivalent feeling investors have about stocks: Some look to be in private Bull markets while others look like it's all over. We thus continue to believe that a strong conviction about the market's direction is not justified at this time. It appears to us that one should look for stocks to continue their manic-depressive behavior as sentiments about New York City, the money market, and inflation in 1976 continue to be subject to immediate change without notice. This leaves us in a trading market which is now correcting our 70 Dow Point advance and adjusting to all the good news we have already had. As selected stocks do look very reasonably priced and technically well situated, some buying by long term investors seems appropriate but we continue to advise the holding of an above average cash reserve. Traders must pay attention to and go with the market and not the current news developments. V V)*e DR. LEONARjLBQTIARI 1 3 0 3 N R i c h m o n d R d , M c H e n r y E y e s e x a 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 W 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 9 p m S a t , 9 3 0 t o 3 0 0 P h 3 8 5 4 1 5 1 o r 3 8 5 2 2 6 2 EARL R. WALSH & JACK WALSH INS. F i r e A u t o . F a r m L i f e 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 IfatcNW Farm Equipment George P. Freund,lnc. Case - New Holland 4102 VV. Crystal Lake Rd. McHENRY Bus. 385-0420 Res. 385-0227 Halm's WONDER LAKE FUNERAL HOME 4ftL 815-728-0233 McHENRY COUNTY OFFICE MACHINES SALES SERVICE & RENTALS Mon Sat 9 5 30 Friday ti l 9 00 93 Grant St., Crystal Lake Ph 459 1226 3932 W. Rt. 120, McHenry "GATEWAY TO YOUR FUTURE" CALL US (8151 3854810 1 1 R E L L I RADIAL TIRES . FOR ALL CARS Europa Motors Inc 2 3 1 8 Rte. 1 20 8 1 5 3 8 5 0 7 0 0 ED 'S STANDARD SERVICE A EXPERT TUNE-UP ATLAS Fires Batteries. Accessories QUALfftf American Oil Products PH. 385 0720 3817 VV. ELM STREET • RADIATORS • Cooling System Specialists • AIR CONDITIONING * Trailer Hitches Fabrication • STEEL SALES • Welding & Ornamental Iron wen iT"H gam 6 ADAMS BROS. Rte 120 McHenry (\eu to (.em ( leaners) Phone U7H 3 Copytt! m eW at our new q Important Correspondence Accounting Records Invoices 4 Statements Project/Product Specifications quick-action copy cantor. Inventory Sheets Order & Bid Forms Catalog Sheets & Bulletins Promotional Letters & Flyers Try This Convenient New Service Soon! MCHENRY HUNTING SERVICES fA . uj? in i-<K,j ĥ H"16 OTHER am d PUBLIC PULsk (The Plaindealer invites the public to use this column as an expression of their views on subjects of general interest in our community. Our only request is that the writers give - signature, full ad­ dress arid phone number. We ask too, that one in­ dividual not write on the same subject more than once each month. reserve the right to delete any material which we con­ sider libelous or in objec- tional taste ^ 3909 W. MAIN 385-7600 0M*y-to-u*9 XEROX* •quipmant! All in the family? Building Permits The following building permits were issued by the city of McHenry during September: Rocco Pontone, 921 Royal drive, alterations; Busy Bee Restaurant, 4621W. Route 120, advertising sign; Alton Huff, 4709 W. Bonner drive, install basement; Norman E. Swanson, 5306 W. Shore drive, single family dwelling; Raymond Rothermel, 3704 W. Anne street, single family dwelling; John E. Gaza, 4904 W. Bonner drive, addition; Edwin Gladman, 1801 N. Rogers, fence; Anthony J. Kryc, 4316 W. Crestwood, sewer permit; Edgar Stedman, 505 Silbury court, single family dwelling; Dick Wiegman, 4911 W. Route 120, advertising sign; Virginia A. Dohery, 1608 N. Court street, siding; Richard G. Sagers, 4602 Willow lane, two-car garage; Thomas W. Brackmann, 417 Stratford court, single family dwelling;. Leonard F. Martinez, 513 Stratford court, single family dwelling; Busy Bee Restaurant, 4621W. Route 120, sewer permit; James Patzke, 4409 Clearview drive, single family dwelling; Sidney Munson, 5210 Willow lane, detached garage; Gerald Schwall, 512 Silbury court, single family dwelling; Donald D. Meyer, 509 Silbury court, single family dwelling; Eng Woo, 509 Kensington drive, single family dwelling; Clifford Niedospial, 3814 W. Main street, advertising sign; Richard T. Williams, 4406 W. Shore drive, addition (garage); Richard K. Mercure, 4915 W. Route 120, sewer permit; William Wroblewski, 4615 Prairie avenue, single family dwelling; Jay Koeller, 5101 W. Route 120, garage; Harold Collis, 906 Hanley street, single family dwelling; Christ G. Bleich, 4915 Home avenue, garage alterations; Donald Ebert, 4620 W. Shore drive, single family dwelling. SENIOR CITIZEN'S CORNER HELPFUL IDEAS FOR SUCCESSFUL RETIREMENT Disability Benefits If you are a disabled worker under 62 and are entitled to both social security disability benefits and workmen's compensation, the total monthly payments to you and your family may not ex­ ceed 80 percent of your average monthly earnings before you became disabled. If a person has recovered from a disability that lasted 12 months or more and he has not yet ap­ plied for benefits, he may be eligible for back benefits. But if more than 12 months go by after he recovers and before he ap­ plies. no benefits are payable. If you are disabled and can't work, you should call any social security office right away. The people there can give you more information about disability benefits and will help you com­ plete an application. If you can't get to the office because you are hospitalized or housebound, a social security representative will.get in touch with you. You will be given a full oppor­ tunity to provide the names and addresses of the doctors and the hospitals that you have gone to for treatment. This information is an important part of your claim. from HISTORY S SCRAPB00K D A T E S A N D E V E N T S F R O M Y t S T E R Y E A R S November 7, 1805-Lewis and Clark sight the Pacific Ocean for the first time at the month of the Colombia River in Oregon. November 8,1889-Moutana is admitted as the nation's 41st state. November 9, 1933-President Franklin Roosevelt creates the Civil Works Administration as an emergency agency to provide jobs for 4 million unemployed Americans. November 10,1775-The U.S. Marine Corps is authorized by the Continental Congress. November 11 -Veterans' Day--formerly Armistice Day. November 12,1920-Judge Kenesaw Landis is appointed the first major league baseball commissioner. November 13, lS27-Tbe Holland Tunnel, running under the Hud­ son River between New York City and Jersey City, New Jersey, is opened after 7 years of construction. <rs I Are You New In * * i * * * * * * * * $ McHenry Area ? Do You Know Someone new? WE WOULD LIKE TO EXTEND A ROYAL WELCOME TO EVERY NEWCOMER TO OUR AREA ! ! ! ! ! CALL JOAN STULL 385-5418 £ & ROYAL WELCOME % On November 7,1775, in London, the Duke of Richmond received per­ mission from the House of Lords to question Richard Penn on the s ta te o f a f fa i rs in America but a motion to send commissioners to Amer ica to rece ive proposals from any Congress or Conven­ tion was voted down. EDITORIALS Aptitude Scores The College Entrance Examination board made headlines recently in reporting that scores of college entrants had dropped ever since 1964 and dropped again, sharply, this year. The average scores of 1975 high school graduates dropped ten points this year in verbal ability tests, eight points for mathematics tests, etc. (An exceptionally good score is above 600 points, a poor score below 400.) The board offered no reasons for the decline, and since release of this disturbing news various spokesmen have been arguing about the cause. Most of the argument is defensive or ill-informed. And ( while the entire blame can't be allocated to any one cause, two primary causes are obvious. First, the era of permissiveness in schools, sometimes featuring chaos in which students intimidate teachers, is responsible. , Learning requires discipline among students themselves and in the classroom. Discipline began to break down badly in the early sixties--when students suddenly decided they knew more about everything than anyone else, that the establishment was all bad, etc. While that trend has reversed, the effects have not been overcome and aptitude test results show that. Second, integration of schools is probably responsible for some decline in scores, because of the upset and chaos sometimes resulting. No one can say how much blame is to be allotted to this necessary process but it's true that deteriorating conditions in some schools have cost the nation the services of some of its best qualified teachers. Teachers and school officials must run schools. They must have the necessary authority to do so. Idealistic nonsense about students taking over a major share of this adult responsibility, weak appeasement of student militants and agitators, and the resulting breakdown of discipline, are almost certainly major causes erf lower aptitude scores. Problem Of Crime A group of criminal justice experts meeting in Washington recently agreed, generally, that crime in the United States will not significantly decline until families and churches do a better job of teaching young Americans to obey the law, and until society is willing to give up some individual rights in exchange for a safer nation. The courts are now so overly concerned with the rights of criminals, in a well-meaning crusade against injustice for the lawbreaker, the rights of victims are often overlooked in the process, it was noted. And the demeaning of normal home life, wifehood and motherhood, and in some cases the declining influence of the churches, mean less moral indoctrination and teaching for more and more youngsters--who instead get their ideas and morals increasingly from commercial television, which, of course, teaches crime in color for hours every day of the year. The experts feel the rate of crime might not be reduced significantly until social trends of the day are reversed, family life again glorified and cherished and the moral teachings of churches trio'V^S^idd^Easre^lier mnxo ^iceaminot^ nmnnn ,,n,.nrt lF1P 10 lf ie Middle earlier GRAVEL PIT ZONING "Editor: "As reported in the Plain- dealer last week, the McHenry County Zoning Board of Ap­ peals has recommended against the operation of a gravel pit by Material Services on Chapel Hill road in McHenry. "While this is encouraging, the fight to keep the gravel pit out is not over. The final decision will be made by the County board next Tuesday, Nov. 11, and you can be sure that representatives of Material Services are trying to get the board members to approve the gravel pit, despite the Zoning board's recom­ mendation. "So now is also the time for everyone opposed to it to contact our County board representatives and ask them to vote against the gravel pit. The reasons why the city of McHenry and virtually every home owner east of the river are opposed are numerous and varied. Aside from causing serious traffic problems and being an environmental disaster, a gravel pit on Chapel Hill road would surely depress surrounding property values. "Dan McNulty "2004 W. Woodlawn Park "McHenry" raelis. It is a first step to­ ward other negotiations that can lead to even more sub­ stantial agreements. more widely disseminated among the young 16th District Nurses To Hold Dinner Meeting Letter from Washington by Senator Charles H. Percy <^The 16th District Illinois Nurses association will hold a dinner meeting Monday evening, Nov. 10, at the Sheraton-Waukegan Inn at 6:45 p.m. The program will start at 7:30 p.m. and members and non-members may attend that part. Student nurses are urged to attend. Delegate reports of the action taken at the 63rd convention of the Illinois Nurses convention in Peoria Oct. 22-24 will provide the program. Vital issues for nursing concerning mandatory education for licensure, quality assurance of nursing care, a political arm of I.N.A. and economic and general welfare of nurses will be among the reports. Reservations for the dinner must go to Mrs. Kay Prestwich, 1261 Wincanton drive, Deer- field, 111., by Nov. 7. On Nov. 30, 1782, the United States and Britain signed a pre­ liminary treaty of peace, recog­ nizing American independence. On Nov. 25, 1783, the British completed their evacuation of troops from New York City. The Sinai Agreement be­ tween Israel and Egypt repre­ sents a positive step toward a just and lasting peace in the Middle East. Israel and Egypt have taken risks to make the Sinai Agree­ ment possible. The United States also has taken risks to make the agreement a reality. But the risks involved for all parties are preferable to the more dangerous risk of doing nothing at all. Egypt is risking its leader­ ship position in the Arab world by denouncing force as a means to settle disputes with Israel. This is an espe­ cially grave gamble for Egypt because of the fervor of the Palestinian terrorists who see any concession to Israel as a betrayal of the Arab cause. Israel is taking a substan­ tial risk by relinquishing stra­ tegic territory in the Sinai Peninsula. The territory in­ cludes the Mitla and Gidi passes, which many consider crucial to Israel's defense, and the Abu Rudeis oil fields, which have provided most of Israel's oil over the past eight years. The United States is taking a risk by placing 200 civilians in the Sinai to man electronic surveillance posts. These civil­ ians will obviously be vulner­ able to attack should an inci­ dent occur between Israel and Egypt. And, of course, the civilians will be vulnerable to attack from Palestinian ter­ rorists who even now may be plotting to disrupt the surveil­ lance operation. ... K0ENEMANN Country Made Sausages, Hams and Bacon GERMAN IMPORTS AND CHEESES A Full Line Of Delicatessen KNOW YOUR AREA-ROYAL WELCOME DOES IT BEST 815-385-6260 Just east of Rt VOLO Although the United States' risk is a calculated one, I be­ lieve we have done everything possible to assure the safety of the civilians in the Sinai and to guard against the pos­ sibility that an armed incident could involve American forces. The Americans who will be stationed at the surveillance posts will not be military per­ sonnel. They can be with­ drawn quickly if there is the slightest threat to their safe­ ty. In addition, the civilian force in the Sinai cannot be increased without Congres­ sional approval. The financial cost of the Sinai Agreement to the United States is a major concern in Congress. But what we spend in the Middle East should be an investment in peace, not in war. It would be foolhardy, for example, for the United States to provide nuclear cap­ ability in the Middle East by introducing Pershing missiles. Congress spent over a month deliberating the Sinai Agreement commitments made by the Executive Branch, com­ mitments which are not bind­ ing on Congress. This Con­ gressional deliberation showed anew the importance of the separation of powers and our system of checks and bal­ ances. Some say the American presence in the Sinai is anal­ ogous to our involvement in Vietnam. This is a totally false analogy. In Vietnam, we sent American troops to back one side in a bitter and prolonged military struggle. In the Sinai, we will send American civilians to a U.N. peace zone at the request of both sides. The Sinai Agreement breaks the dangerous stalemate be­ tween the Arabs and the Is- this year I heard warnings about the danger of stalemate between the Arabs and the Israelis. The warning was al­ ways the same: Time is run­ ning out for negotiations that can lead to peaceful agree­ ments. We have broken the stale­ mate. We have substantially decreased the possibility of a fifth Arab-Israeli war, which would be catastrophic for both sides in terms of human suf­ fering and economic loss, and would certainly trigger an­ other oil embargo and raise the dangerous spectre of a U.S.-Soviet confrontation. The United States has long urged Israel and Egypt to take risks for peace. They have agreed. It is in the clear in­ terest of the United States to do as much. KIWANIS NEWS WONDER LAKE CLUB The Kiwanis club of Wonder Lake met at Dusty's Oct. 27 at 7:30 p.m. The club voted to donate $100 to the Woodstock high school band so it can at­ tend the band competition at Disney World next year. The cost of the trip has to be raised „ by band members. Each one is expected to bring in at least $100. The band is conducting many projects to raise the $17,000 needed for the trip. One project will be a dance contest in which Kiwanian Gordie Gran and his wife will participate. The Grans' son, David, is a member of the band. Ernie Vogt, a Wonder Lake Kiwanian, will be parade marshal of the upcoming Bicentennial parade. The club voted to enter a float in the parade which is to be held July 4, 1976. Vogt is also in the new Senior Citizens club which is being formed at Wonder Lake. Club members were reminded that an I.I. District Governor's night meeting will be held at Floyd's restaurant, . Dundee township, Nov. 14 at 6:30 p.m. This will be an In A spirational night hosted by the Dundee club. For Your Information Dear friends, Dr. B.J. Kennedy, professor of medicine suggests, "I think the average person must, in his own judgment, decide what is his pur­ pose in living; what his goals are, and then accept the fact that some day he will die. In so doing, when he is faced with the reality q' death it will not be as traumatic to him as to those who have blinded themselves to the fact that death is going,to occur." Respectfully, PETER iVUlSTEN & SON FUNERAL HOME McHenry, Illinois 385-0063 /