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PAGE 16 - PLAINDEALER-FRIDAY. OCTOBER 31. 1»75 A. G. Edwards & Sons, Inc. Weekly Market Review This past week the stock market continued to act like it's going to have a nervous breakdown and take participants with it. Just one of many possible examples is volume. As we have stated, we believe that if stocks are going meaningfully higher it will be signalled by aggressive bidding backed by a substantial increase in volume to perhaps 18-20 million shares a day. Well, finally last week we had decent jumps in volume (Hi Tuesday and Thursday which should have helped clarify the short term trends. In its own perverse fashion, however, the market was basically unchanged on both days and thus did little to clear away the technical clouds. At least market action has been good for producers of tranquilizer products. Of course, the main event that kept everyone biting their nails and glued to the news broadcasts was the saga of New York City - you know, if it were not so real and so serious, it would make a great mystery novel. However, who would believe that the financial center of the world was 50 minutes away from defaulting when Mr. Shanker, head of the Teachers union, relented and threw another $150 million into the rescue program. Well, so much for the big apple, that is until the next deadline come December 1. Two observations about the crisis: (1) President Ford stayed true to his promise of no federal aid and did not weaken (not yet, that is) and (2) the market loved it for almost all of 15 minutes and then selling pressures built again. Although there were a few good moves in stocks last week, primarily among lesser known issues, most important stocks underperformed the general news background. The Bulls had lots of fuel for their fires from a 1.9 percent jump in industrial production, a booming bond market, a better feeling about inflationary pressures, anticipation of a prime rate cut, and the largest leap in real gross national product in 20 years. Yesterday's GNP fueled move into new three month high ground will probably push stocks higher at least in a mixed fashion. The much improved fundamentals, particularly in the money market, allows investors to take a more constructive stance. As the market appears technically overbought and as New York City still looms as a big negative, we would hold back some reserves. ?t°̂ ° DR. LEONARD BOTTARI 1303 N R ichmond Rd . ,McHenry Eyes examined Contac t Lenses G lasses fitted Mon , Tues , T h u r s , F r l . 4 6 p m . Tues , Th i /Vs , F r i 7 9 p .m Sa t . , 9 : 30 to 3 : 00 Ph 385 4151 o r 385 2262 EARL R. WALSH & JACK WALSH INS. F i re , Au to , Fa rm. L i te Represent ing RELIABLE COMPANIES 4410 W Rte . 120 , McHenry 385 3300 DENNIS CONWAY AUTO L IFE F IRE State Farm Ins. Co. 3319 W. E lm St . McHenry , I I I 3857111 HOUGHTON HEATING • Air Conditioning • Gutters PHONE 385-5476 McHENRY McHENRY LETTER SERVICE Paging Serv ice Now Ava i l a t r M imeograph ing Typ ing Address ing Ma i l ing L is ts 3 509 W Pear l S t , McHenry P h 385 0258 . 385 8020 Monday th ru Sa turday McHENRY COUNTY OFFICE MACHINES SALES SERVICE 8 , RENTALS Mon Sa t9 5 :30 F r iday t i l 9 :00 93 Gran t S t . , C rys ta l Lake Ph . 459 1226 "393^HttT5M3cHera7~ "GATEWAY TO YOUR FUTURE" CALL US <8151 385-4810 Farm Equipment George P. Freund,Inc. Case - New Holland 4102 VV. Crystal Lake Rd. McHENRY Bus. 3854420 Res. 385-0227 Halm's WONDER LAKE FUNERAL HOME 815-728-0233 A l l R E L L I RADIAL TIRES FOR ALL CARS , Europa Motors Inc 2318 Rte. 120 8 1 5 - 3 8 5 0 7 0 0 ED'S STANDARD SERVICE EXPERT TUNE-UP ATLAS Tire^, Batteries, Accessories QUALITY American Oil Products PH. 385 0720 3817 W. ELM STREET • RADIATORS * Cooling System Specialists if AIR CONDITIONING * Trailer Hitches Fabrication it STEEL SALES * Welding & Ornamental Iron W OHM <MJ4 3 6 ADAMS BROS. Rte 120 McHenry (N'evt to Gem C leaners) 385-0783 Copyttl m eW at our now q Important Correspondence Accounting Records Invoices & Statements Project/Product Specifications quick-action copy cantor. Inventory Sheets Order & Bid Forms Catalog Sheets & Bulletins Promotional Letters 4 Flyers Try This Convenient New Service Soon! McHENRY PRINTING SERVICES 3909 W. MAIN 385-7600 aaay-to-uaa XEROX* oquipmantl EDITORIALS v r/ Scare-To-Share International cooperation has had its ups and downs, Dtit children have been pretty good at it. More than three and a half million young American ambassadors of good will once again will practice their own special brand of U.S. foreign policy this October when Trick or Treat for UNICEF celebrates its twenty-fifth anniversary. Their shuttle diplomacy will be of a door-to-door variety, and cardboard collection containers will comprise their portfolios. But the dollars they deliver to UNICEF will provide an important step in negotiating the spirit of international cooperation, which transcends differences of race, religion, sex and politics. By assisting the United Nations Children's fund our youngsters will help many of the world's poorest children who, on their own, cannot survive on the poverty, neglect and ignorance forming their daily fare. Their plight this year is compounded by a worldwide economic convulsion, multiplying prices of basic necessities and causing widespread cutbacks in developing countries' services for their youth. All children together will form the world of tomorrow. What happens to children in one part of the world will sooner or later affect the lives of everyone, everywhere, on our increasingly interdependent planet. When we open our doors to a UNICEF Halloween on national UNICEF day, Oct. 31, we help our own children change scare tactics to share tactics for their Asian, African and Latin American contemporaries. And we help ourselves to a better world for everyone. Drug Prices Secretary of Health, Education and Welfare Caspar Weinberger has announced that, as of next May, the federal government will not pay for high-priced trade-name drugs when less expensive drugs which do the same job are available--in its Medicare and Medicaid programs. At first the list of such drugs will be limited but the list is expected to be expanded as soon as possible. The idea is to reduce the unnecessary high price of brand name drugs and to help the trend toward the use of generic drugs when they offer the same patient benefits at lower cost. Weinberger thinks the new HEW program can save Americans $75,000,000 a year, and encourage doctors and druggists to prescribe lower-cost drugs rather than more expensive brands. Although the American Medical assocaition has filed suit against the proposal, many feel it is very much in the interest of the average American in two ways--in attaining lower drug prices and in reducing the cost to taxpayers of Medicare and Medicaid. The New Cars Good news for all Americans are new gas mileage figures for 1976 American-built automobiles. One new model attains 40 miles a gallon on the highway--about three times the mileage most U.S. cars achieved a few years ago. What this means is that Americans will reduce fuel consumption, per capita, in the years ahead. If the price of fuel is up, increased mileage will keep transportation prices within reason. In addition, the great advantage of foreign-built cars, which continue to enlarge their share of the U.S. market, has been that they achieved good gas mileage. The new trend should help U.S. builders. The U.S. industry is late in meeting the threat from abroad and in offering outstanding fuel economy but, with 1976 models, the industry is at last in the fuel economy ball game. Farm Bureau Offers Defensive Driving Course A reminder that the defen­ sive driving course is open to the public comes from Larry Harris, executive secretary of the McHenry County Farm Bureau. This course will be given at the Farm Bureau building from 6 to 10p.m. on the evenings of Nov. 6 and Nov. 13. Advance reservations are necessary and can be made by calling the Farm Bureau at 338- 1520. The only cost is very small for the materials which include an excellent workbook that is a permanent source of valuable defensive driving reminders. Included are demonstrations, movies, and discussions. Harris said the course is presented in cooperation with the National Safety council. "This course is a good way to review your driving skills, to learn skills needed in the changing driving we face today, and the Farm Bureau Women's committee is spon­ soring this eight-hour course as a life-saving accident prevention program," Harris said. This special training is open to any driver with a valid driver's license and is presented as a public service by Farm Bureau. Medicare beneficiaries to pay more. Service News Commendation Medal Goes To McHenry Man Machinery Technician First Class William G. Humphreys, Jr., United States Coast Guard was recently awarded the Coast Guard Commendation Medal of Meritorious Achievement for outstanding service from July, 1972, to June, 1975. Humphreys is the son of Mr. and Mrs. William G. Hum­ phreys, Sr., of 1719 N. Pleasant, McHenry. Humphreys, who has been in the Coast Guard for fourteen years, attended McHenry high. His wife and son, William G. Humphreys, III, live in Mount Prospect. Petty Officer Humphreys served for four years at the Fox Lake Coast Guard center and had charge of boating safety over a six-state area. He is now serving at Yorktown, Va. Humphreys was cited by the Coast Guard for outstanding achievement and superior performance of duty while serving as an instructor at the National Boating Safety school, United States Coast Guard Reserve Training center, Yorktown, Va. Also during that time, he initiated, developed and presented a six-hour motorcycle safety course to help insure that the increased popularity in motorcycling did not result in an increase in accidents. * Are You New In I Area ? McHenry ************ Do You Know Someone new? WE WOULD LIKE TO EXTEND A ROYAL WELCOME TO EVERY NEWCOMER TO OUR AREA ! ! ! ! ! CALL JOAN STULL 385-5418 % * V % ROYAL WELCOME Public Pulse (The Plaindealer invite* the public Is uu this column as an expression oT their views on subiects of general interest In our community. Our only request is that the writers give - signature, full address and phone number. We ask too, that one individual not write on the same subiect more than one* each month. We reserve the right to delete any material which we consider libelous or in ob|ectionable taste.) * * % t * * * * * * t * I J t PARENTS GO TO SCHOOL "Editor: "Do you want to know by personal observation, what is going on in our West campus high school? Six mothers at­ tended a Parent Visitation day last week and had a truly enlightening day. Our prin­ cipal, Mr. Swartzloff, associate principal, Mr. Dodds, and the dean of students, Mr. Johnson, spent the time with us an­ swering our questions regar­ ding the schools' position on discipline, vandalism, drugs, smoking, homework, etc. "The parents had been asked before the meeting what areas they would like to cover, and band and chemistry were listed. So our over-worked music instructor, Mr. Leighty, gave us a run-down of all the ambitious activities in the music department for the coming year. Mr. Gloy, chemistry teacher, explained his classroom situation, and how he is trying to give his students as much knowledge in various types of classes as they can handle. "Then we went through the various classrooms, sitting in on a small group study with Mrs. Vandegriff, Latin, and wherever else we wished to go. Did you know that a new, in- transit-damaged car has been given to the automotive department, so the young people would have something to take apart and put together- besides an old chassis that has been used since West began? And that the automotive in­ structor, Mr. Phillips, in order to get a much needed lift, (primarily for the safety of the students), cut his parts budget in half and is now in a position of having to beg, borrow-- (no stealing! )--the necessary equipment to keep his class active this year? "Do you know that the Ceramics class does beautiful, almost professional work and that they have made a potter's wheel themselves? And have you wondered as I have, how the information that your child was absent was transmitted to the office by 9 a.m.? Mr. Sch- mitt's business class in com­ puters does this task every morning, giving the students a worthwhile project in school administration. "We went through the school disaster area-the "Commons" and really couldn't believe that our young people could enjoy their lunches in such a mess. They haven't learned yet, at 16, 17,18, to take care of their own garbage-a sad commentary on home instruction. The cafeteria was a bit neater, but a strong father-figure seems to be necessary there, too. The pizza and Rueben sandwiches were very good-the cafeteria workers do a great job feeding from 400-500 people a day. "Parent Visitation days will be held several times during the school year. The dates are listed in the Newsletter, or a call to the office will put you on the list. It is very exciting to learn first hand, some of the difficulties the administration faces, how ably they are handled, and to realize that we have such dedicated staff and instructors teaching our young people. Thank you all. "A parent and taxpayer, "Margaret Karas" THE CENTENNIAL ISSUE "Publisher: "Perhaps only a newspaper man can genuinely appreciate the superb excellence of your 100th anniversary edition of the McHenry Plaindealer, a copy of which I just received this week. "Now, I am sure that every resident of your community can truly point with pride to your publication each week and say to the world, 'This is our newspaper'. After spending my lifetime in the suburban newspaper field I cannot recall where I have seen a more magnificent production. "I heartily congratulate you personally, your editor, your sales people and your entire staff. Most importantly, T believe, we need to congratulate the people of your community, not the least of whom are your advertisers. Week after week and year after year these individuals have supported the Plaindealer and thereby have literally protected and defended one of our greatest heritages, the Freedom of the Press. "May the beginnings of a new century of publishing bring continued joy to everyone associated with your fine newspaper as you aspire to still higher goals of service and achievement. "Sincerely yours, "Ted Herrmann "Western Regional Manger "U.S. Suburban Press, Inc. "Los Angeles" UNICEF COLLECTION "Dear Editor, "I was appalled to read in our local papers last week that a number of churches are still sending the children around to collect for UNICEF, the United N a t i o n s I n t e r n a t i o n a l Children's Emergency fund. "Members of the John Birch society have tried to reach most of the churches in the past with information and literature about the real purposes of the United Nations, of which UNICEF is certainly a part. Evidently some have not been reached. ' ' T h e C o m m u n i s t background of the founders of the United Nations is documented by many reliable sources. Many of the artists who design UNICEF Christmas cards are Communists or belong to Communist Front organizations - Pablo Picasso, Hans Erni, Ben Shahn, Antonio Frasconi, Doris Lee, to name a few. The Communist bookshop in Los Angeles in 1966 carried its annual supply of UNICEF greeting cards. Why do you suppose Communists would want to send out Christmas cards? "Let us consider a few of the ways UNICEF money is used so 'nobly'. "As any student of the Communist Conspiracy can tell you, food and medicine are used as political weapons to keep enslaved peoples under subjection. No one receives any gift unless administered through the government. "UNICEF moneys were used to subsidize the Katanga aggression according to a quote from Stanton Evans' column in the Indianapolis News for Jan. 26, 1962. "In March, 1960, UNICEF voted to send Castro's Com­ munist regime $170,000 for 'health service' and for 'en­ vironmental sanitation'. In 1964 another $125,000 was sent to Cuba to spend on a fleet of trucks and jeeps as well as other things, plus spare parts to keep them in condition. That same year UNICEF ap­ propriated another $205,000 as emergency relief to Cuba. "The D.A.R. magazine in April, 1969, contained an article which noted that UNICEF gifts of $51 million worth of food and drugs to Cuba somehow got aboard a Russian ship bound for the Soviet Union. "The Wanderer, a Catholic weekly, in 1962 prepared a flyer explaining why Msgr. Edward J. Goebel, Milwaukee Ar- chdiocesan superintendent of schools, stopped participating in the UNICEF Halloween program. Msgr. Goebel stated that several former Catholic Army chaplains maintained that UNICEF proceeds were not contributed to youth in need, but rather they were taken up by the Communists in the Communist-controlled countries. In short, UNICEF supports the policy of submit or starve! "One can do far more good with his money by supporting bonafide religious and charitable causes. The UNICEF publication "Children of the Developing Countries," admits that in 1961 UNICEF had 575 employees and distributed about $25 million. In typical contrast, the Catholic Relief Services for that same year distributed $125 million in aid with a staff of only 130 employees. "UNICEF claims that for one penny it can provide five glasses of milk. By such figures, its fancy quarters are depriving needy children of 100 million glasses of milk. (See National Review for June 14, 1966.) . "When UNICEF sends unrequested and unwanted material by first class airmail at a total postage cost of $10.40, it is depriving 5,200 glasses of milk to starving children. (See 'The Fearful Master, A Second Look at the United Nations'.) "Because of its monstrous record, UNICEF hides behind a mask of alleged charity, for fear that the American public will come to realize that it is just one more 'front' which the, International Communist Conspiracy is using in its drive to enslave the world. "We must stop giving support to the entire United Nations and I sincerely hope that many of you will now understand why one of the top priority action programs of the John Birch society is to Get US Out of the United Nations and to get the United Nations out of the United States. "Sincerely, "Dorothy Himpelmann" W: K0ENEMANN J KNOW YOUR AREA-ROYAL WELCOME DOES IT BEST u f+icirtrirkititirirk'k'kirk'kit'k'kli it It It "kit it Country Made Sausages, Hams and Bacon GERMAN IMPORTS AND CHEESES A Full Line Of Delicatessen -- Just east of Rt 12 815-385-6260 VOLO B Social Security (By William M. Biscomb, branch manager) * Some employers won't hire people unless they have a Social Security number, so students and others planning to get holiday jobs should apply for a number without delay if they don't already have one, according to William M. Biscomb, Social Security branch manager n Woodstock. "Delaying your application might prevent your em­ ployment or cause you to lose time and wages in , a job requiring a Social Security number," he said. "When you don't recall having had a Social Security number before, your application is screened against central files in Baltimore to make sure a second number isn't issued to you - and screening takes time." "You should apply for your Social Security number at least several weeks before you need it for a job," he said. "You can get information about applying by calling or writing any Social Security office." A worker builds disability, survivors, retirement, and Medicare protection by work and earnings credited to his Social Security number. He gets credit if he's paid $50 or more in a three-month calendar quarter for work covered by social security. • Your Social Security number is yours alone and remains the same for life. When you get a job covered by Social Security, be sure your employer copies your name and number correctly from your social security card to his record. The Woodstock Social Security office is at 244 W. Judd street. The phone number is 815-338-3750. Delayed Payments Made From Ailing Illinois Coffers Comptroller George W. Lindberg said this week that Governor Walker has begun releasing vouchers for payments of $7.2 million to vendors and medical providers held up by the Governor's Department of Finance since Oct. 7. "Right now," Lindberg said, "there is no way for the comp­ troller's office to tell how many more bills the Governor may be holding back." The first checks in the delayed category went out Monday, Oct. 20, Lindberg said, adding that if the Governor had not delayed payments the checks whould have been issued Oct. 10. Involved in the known delay are 5,705 payments totaling $3,981,206 to people and firms doing business with the state and $3,304,000 in bills to medical providers such as nursing homes, hospitals, physicians and pharmacies. N.I.U. GRADUATES The names of Janis M. Blankenhorn of 4206 Crystal Lake road and Joyce B. Toepper of 1021 W Windsor drive, both of Mcl y, were omitted from a list of Nor­ thern Illinois university Bachelor degree recipients for the 1975 summer session. They both received Bachelor of Science degrees in Education. NIU officials announced that the omission was due to a processing error in the registration and records office. Fight it out on this line if it takes all summer. Gen. U.S. Grant urging troops, 1864 HERE AND THERE IN BUSINESS Illinois Bell To Hold Open House In County Placing a telephone call is simple, smooth, and efficient because of highly complex and sophisticated equipment. For a look at this modern^ equipment and the people who' operate it, McHenry residents are invited to a special Illinois Bell open house next week at the Woodstock telephone office at 227 W. Judd. The open house will be held between 6:30 and 9:00 p.m. Wednesday, Thur­ sday and Friday, Nov. 5, 6 and 7. "This is the first time we have had an open house in McHenry conty in many years," Illinois Cell Manager Stan Jo: riak explained, "and we are hoping for a good public turnout." "Parents should bring the children," Bell Manager Stan Jozwiak, said. "We've planned a very entertaining and educational evening for the whole family. Men and women from all of our departments will take groups through on a tour of our facilities. I'll bet many people will be surprised at everything it takes to make their telephone work." The Woodstock central office provides telephone service for nearly 62,000 customers. AT SEMINAR Edward D. Egelston, cashier, First National Bank yof McHenry, attended the ninth annual seminar for Younger Bank Officers at Ball State university in Muncie, Ind., Oct. 19-23. Throughout the heating season be sure your fireplace damper is kept tightly closed unless a fire's going. Otherwise your costly household heat will go up the chimney. As your lamp bulbs burn out, replace them with the next lower wattage - unless you need equal light for reading, close work, or safety. As more bulbs are replaced this way, you'll save energy and money. For Your Information Dear friends, Many home gardeners are now planning their new gardens. Psychologists tell us that human beings need this physical contact with the earth, the soil, with growing things- need the wholesome physical exercise of all body muscles that gardening gives. There is the added joy of fresh, nourishing vege­ tables and berries for the family's health. Respectfully, PETER MJUSTEN & SON FUNERAL HOME McHenry, Illinois 385-0063