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McHenry Plaindealer (McHenry, IL), 22 Mar 1978, p. 22

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SECTIOV - PAGE 6 - PLAINDFALER - WFHNESDAY, MARCH 22, 1978 'Pi MMM.AI.FR Editorial Opinion McHenry Loses 6 For Your Information Dear friends, Easter - the time of resurrection, of ronowal. Wo sonto it in tho brighter sunshine, tho bud­ ding loavos and flowers, tho mating colls of tho birds. Thon lot us all rosurroct our idoals, our good intontions. And lot us renew our sost to sorvo othors, as Christ said, "What you do for tho loast of My littlo onos, you do so also unto Respectfully, PETER AiJUSTEN & SON FUNERAL HOME McHenry, Illinois 385-0063 i County Gains Manufacturers Our Celebrations America being a young country, and almost every community seeking something to celebrate, we have some odd celebrations as a result. Out west they celebrate the day some bandit cashed in his chips in a bloody gunfight. In Florida they hold celebrations in honor of cut-throat Spanish pirates and plunderers. In the east, witches, old superstitions, stakebumings, etc., are remembered. In Louisiana much is made over infamous half- breeds and dubious French-American characters. Looking back over our past can make today look pretty good-as we also contemplate predictions for the future. - Growing Hopes Now is the time of year seed catalogs produce expansive hopes for summer. The pictures of lush vegetables, fruits and nuts stir one's imagination, and deplete one's pocketbook. It's all good, clean fun-and sometimes even productive. Experts say the biggest mistake garden enthusiasts make is to plant too big a garden, to fail to prepare the soil with enough mulch, fertilizer and lime. The ph factor simply indicates acid and alkaline content. If above 7, it's too alkaline and if below, too acid- for most crops. Onions planted with carrots will often save the carrots from destruction. Peas must be planted very early. Corn can be interspaced with beans. A drop of mineral oil in the first corn ear silk will discourage worms. Etc. Fruit and nut trees need spraying, several times a year usually- unless one is planting native wild cherries, plums, nuts, etc. The black walnut's trunk should be wrapped in aluminum foil in its young years, to protect the bark. Filberts should be trimmed liberally to produce a good center stem or trunk-they tend to grow into bushes. Lime helps plants utilize fertilizers. Mulch is a must to keep the soil moist and porous and two bushels for every 100 square feet is a good minimum in garden planting. If in doubt, the experts advise one to plant a small garden first, in well prepared soil, not so large that upkeep becomes a great chore in summer. A tiller helps tremendously and rows of one's garden should be spaced for one tiller run. Lastly, remember that fruit and nut trees like spring fertilizing (April is the best month usually) and well mulched soil. They also should be sprayed in early spring and several more times before fall. By following these guidelines, one is less likely to be disappointed this summer or fall, after this month's high hopes and gourmet dreams. Spring - 1978 On the twentieth the hours of daylight were approximately equal those of night for the first time since September and spring began in the northern hemisphere. It's a season awaited eagerly through the winter by many, perhaps the loveliest exhibition of nature during the year. Spring means a new life, which is evident all around us; it brings Easter (March 26), a symbol of new life; warmer weather, baseball, the approach of holidays and spring fever and taxes. As we witness the resurgence of nature's vital forces around us, many seek to grasp the moral, the hope represented therein. These inexorable laws of nature continue year after year their inevitable procession, inviting men and women to enjoy the delightful axperience, to think about spring's meaning and the fundamental purpose and cycle of life, death, and time. From the twentieth until September 23, six months hence, our days will be longer than night. They will also be the warmest of the year, at the end of which we will once again welcome cooler air and brisk days-and be ready again for what nature has in store-in its life cycle. A. G. Edwards & Sons, Inc. Weekly Market Review Crazy as it was, there wasn't anything really unusual about stock market action this past week. Perverse animal that it is, the market gave Something to the Bears, then something to the Bulls, and pulled the rug out from under both camps. Overall, it was a very frustrating week for everyone and enhanced the most serious problem facing the market-it couldn't win a popularity contest if it were the only entrant. Frankly, that doesn't worry us long term as we believe there is a right and a wrong time to own all investment vehicles and some day the intrinsic value of stocks will get a party going. The real danger is that we pull a Cinderella, get to the party too early, shoot the works, and then have to leave before the real action starts. The past week did a good job of driving everybody closer to . needing a padded bungalow. Early last week the Dow Industrials touched a three year low, the transportations made a new yearly low confirming (a bit late) the Bear market,and real cracks started to show up in a market which had previously only been crumbling. Well, quicker than you could say we have a trend going after two weeks of churning, stocks reversed and turned up, breadth improved, and by Friday market action was saying "everything is okay". Well, we would love to believe it but almost every rally for the past year ended when the tape looked its best and Friday, with its 27 million shares, looked like a buying climax. Monday's first half hour was a corker and then the buyers faded. This rally attempt could just collapse now or churn around a few days but either way, it doesn't look like the real thing. The background news also had something for every appetite. For the Bulls: Money supply declined, helping the bond market and taking pressure off the Federal Reserve to tighten; the dollar rallied; unemployment declined to 6.1 percent in February. The Bearish news seemed more substantial-obviously, our perceptions are col wed by our market opinion-but were generally ignored: The wholesale price index in February was back to a double digit 13.2 percent annualized; plant and equipment outlays for 1978 are now estimated at a very modest 5.5 percent increase; the dollar weakened again yesterday as there apparently was disappointment over the results of the new U.S. - West German plans to bolster it. We do not see a basic change in this market's personality. Most stocks remain in Bear markets while those traders who do want to play chase deal stocks and a declining number of smaller growth issues. Inflation, interest rates past the short term, and institutional disenchantment remain the major problems and stocks still don't act like these problems are fully discounted. McHenry county gained a net nineteen manufacturers and processors last year, an industrial survey reports. At the same time, total state figures dropped. Crystal Lake, leading industrial city in the county, increased by seventeen firms to ninety and Woodstock added four firms for a total of fifty. Algonquin grew by three firms to twenty-five and Cary added two firms to thirty. Harvard, Huntley, Richmond and Spring Grove all were up one firm each. Losing industry were McHenry (down 6, Chemung (down 2), Fox River Grove (down 2) and Marengo (down 1). Overall last year, McHenry county tabbed 341 manufacturing units, according to the 1978 Illinois Manufacturers directory. The county has grown by forty-nine firms since its 291 figure of 1973. The 1,200-page business pulse taker is based on a $150,000 industrial census, says president Howard Dubin whose firm, Manufacturers' News, has kept tabs on Illinois since it published the first state industrial directory in 1912. Forty thousand pieces of mail and 14,000 phone calls went into updating the latest edition. The 1978 directory lists 19,101 industrial firms in 887 Illinois cities throughout the state's 102 counties, a net loss of 16 firms over the previous edition. Although 720 new companies opened their doors for business last year, 715 went out of business, merged with or were bought out by other firms, or moved out of state. A few firms shifted from manufacturing to service-oriented business. In all, forty-eight counties chalked up manufacturing gains during 1977, forty-two showed net losses, and nine were unchanged. Since 1973, fifty-one counties show net gains, forty-two show net losses, and nine are unchanged. In the same period the state gained a net 269 firms. "Encouraging, but not very glittering when you look under the surface at some other facts," Dubin said. "Illinois lost twenty-two firms employing approximately 1,500 to other states during 1977. Ten companies moved to other midwestern states, five each moved to the east and south, and two moved to the West Coast. "This explains why we are not overly enthusiastic about the net gain figures since 1973," he said. "It requires 200 to 300 new industries to balance out this kind of job and dollar loss because the maioritv of the new firms are mostly small job shops employing less than five persons." Dubin said the loss of large industrial firms is doubly damaging because of the rebound effect on supporting industries. "Any time a large-sized industry pulls up stakes, it can signal the death knell for any number of small sub-contractors whose livelihood is wholly or in part dependent upon assignments by the large firm. Labelers, filling and packaging contractors, machine shops and many other smaller enterprises can suffer fatal losses of revenue by such a loss." The state's continuing job drain is linked to the high cost of doing business in Illinois, many firms have told the directory. The main issues cited include relief to business in the areas of workmen's compensation and unemployment costs, tax burdens and costly regulations in the energy and environmental spheres. Metropolitan Chicago businessmen also add to the list the Cook county head tax of three dollars per person on firms employing more than fifteen. Dubin said most of these items have been submitted to Springfield for consideration but the response~as in the past-has been little more than warmed up rhetoric. "It was business as usual in 1977-all talk and no action," the publisher said. "Meanwhile, firms continue to leave the state because it offers the worst climate in terms of business costs." As an example, he pointed out, Wisconsin pays $189 weekly for total disability cases while Illinois pays $304, the latter representing a 328 percent cost escalation since 1970. Dubin was enthusiastic about a county proposal to reduce taxes for five years on new or improved industrial structures in Chicago's blighted areas. Under the proposal, the new or improved property would be assessed at 16 percent of its fair market value instead of the current 40 percent. Dubin said consideration should be given to implementing a similar plan on a state-wide basis, with emphasis on providing industrial incentives in older and established cities and suburbs of declining value. J "The premise of this idea is sound," he said, "because studies have shown money is better spent in areas that already offer basic facilities-water, schools, sewers, etc. "Paving over yet another green field and starting from scratch under today's costs is simply not a feasible way to spend taxpayer C) CSPS McHenry Area? ooooooooocooooon Do You Know Someone New? WE WOULD LIKE TO EXTEND A ROYAL WELCOME TO EVERY NEWCOMER TO OUR AREA!!!!! . CALL JOAN STULL 385-5418 % nmwmvmx KNOW YOUR AREA-ROYAL WELCOME DOES IT BEST eooocooocoooooooooooooooooooooj money. The plan could work in East St. Louis, Aurora and downstate areas as well as in Chicago if we could get some legislative action." Dubin said job losses will continue in Illinois until legislators and regulatory agencies finally move to remedy the problems. The 1978 Illinois Manufacturers directory is available from Manufacturers' News, 3 E. Huron St., Chiciago 60611. Cost information may secured at that address. Pers£ i erfive THREE LITTLE WORDS B% RON \UI RK \<; W If President Carter is scratching his head as to why he keeps dropping in the public opinion polls, he might find a clue in three little words: Lance, Jordan and Young. Take Bert Lance, for in­ stance. Once Jimmy Carter's eyes and ears to the business community as director of the Office of Management and Budget, Lance left Washington late last year under a cloud that hasn't gone away. His personal finances are still the subject of federal investigations. What seemed to escape the president's notice all the while the Lance affair was sim­ mering last year was the fact that the average citizen resents what seems to be undue special privilege for a few in high places. In this case, the guy whose bank bounces $5 checks was dismayed to learn that Lance and his family had been routinely running hundreds of thousands of dollars of over­ drafts at their own banks. That kind of news didn't exactly inspire confidence in the new administration in Washington - or in the banking business, for that matter. So, Lance left. The Cloud Now, with the cloud still over him - like Joe Btflspk of L'il Abner fame - Lance has managed to restore his own financial health by selling his Georgia bank stock to a Saudi Arabian financier for more than its market value. The financier was introduced to Lance by one Agha Hassan Abedi, a London banker, who along with Lance and three others is now a defendant in a Washington, D.C. lawsuit over their alleged attempt to take over a holding company that owns several banks in the Washington area. The plaintiffs have accused Lance and friends of violating federal securities laws. The courts will decide that one and Lance may come out on his feet, but meanwhile - as a private citizen - he is about to travel on an official U.S. diplomatic passport. Osten­ sibly, he is going to Europe to arrange a "friendship force" of private citizens exchanges, but at the same time he is said to be planning stopovers in London and the Middle East. To visit his colleagues? Jimmy Carter wonders why people are losing confidence in him while the man-in-the-street wonders why Be* t Lance needs a diplomatic passport unless he's on some mission for the White House. Symptomatic Situation As for Hamilton Jordan, the 33-page report denying that he spit a drink at a woman - not to mention the taxpayers' money wasted in interviewing the bartender and writing the report - seems to be symp­ tomatic of the administration's cockeyed sense of priorities. If Jordan didn't do it, a simple denial would have sufficed; then back to business. If he did do it, the President had better tell his chief aide to get HIS priorities straightened out. And what of Andrew Young, our ambassador to the United Nations? No sooner had the internal Rhodesian settlement been announced by the moderate black leaders and Ian Smith, than Young declared his displeasure with it, saying it would bring on a massive Soviet arms buildup in that part of the world. Between the lines, he seemed to be saying that we are so weak (or weak-willed), vis-a-vis the U S S R., that we can't (or won't) use behind-the- scenes pressure to tell the Russians to keep hands off while the Rhodesians settle things democratically. Maybe that explains why Young had been so enthusiastic about the terrorist guerrilla leaders, Nkomo and Mugabe, all those months. If so, it explains a lot more about the state of American security in the world, and that explanation doesn't do much for public confidnece. Please, Mr. President, say it isn't so. Really? "Before we got married, you t o l d m e y o u w e r e w e l l o f f . " " I was but 1 didn't know it." Service Line McHENRY CHAMBER OF COMMERCE 385-4300 FAMILY SERVICE ft MENTAL HEALTH CLINIC 3409 W. Waukegan Road McHenry 385-6400 PARENTAL STRESS LINE OF McHENRY COUNTY Meeting Place: McHenry County 24 hours a day, 7 days a week Call 312-463-0990 STATE CHAMBER GOVERNMENT REGULATIONS HOTLINE 217-522-5514 FEDERAL GOVERNMENT GENERAL SERVICES ADMINISTRATION 202-755-8660 Hours 7:30 a.m. to 5:30 p.m. week days (Ever had a problem involving the federal government and not know where to call? And then been given a runaround or referrals by persons who meant well but didn't know how to help? Ten specialists available at this center.) NATIONAL RUN-AWAY SWITCHBOARD Illinois Phone: 800-972-6004 (For confidential conversation on problems dealing with run-away children) MOVING HOTLINE Phone 900-424-9213 (Complaints about interestate moving by companies, buses or trains. Sponsored by Interstate Commerce commission) CONSUMER PRODUCT SAFETY COMMISSION Phone 900-639-2666 (For questions or complaints on products ranging from toys to ovens) NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION Phone 900-424-9393 (Answers questions about automobile safety defects or whether a particular model has ever been recalled. Valuable for those interested in buying a used car) ILLINOIS DEPARTMENT OF CHILDREN AND FAMILY SERVICES Child Abuse Center McHenry County (312) 546-2150 CONSUMER PRODUCT SAFETY COMMISSION 800-638-2666 (Operates five national lines. Answers inquiries about, or reporting on, the safety of products from kitchen appliances to children's toys) NATIONAL SOLAR HEATING AND COOLING INFORMATION CENTER 800-523-2929 P.O. Box 1607, Rockville, Md. 20650 x (Dispenses information on solar systems for heating and cooling to anyone from architects to home owners looking for a sun-powered hot-water system) CONSUMER PROTECTION DIVISION 1603 N. North Avenue McHenry, 111. John T. Licastro (Calls from 9:30 a.m. to 5 p.m. - 395-1703; interviews Saturday, 9:30 a.m. to 12:30 p.m.) Easter, 1978 Easter, the principal ecclesiastical event of the year, gets its name from Eostrc, a Teutonic goddess, whose festival was celebrated in the spring. Her name was given to the Christian festival, as it was she, according to legend, who opened the portals of Valhalla to receive the White God and Sun God. representing purity and light. The Christian observance, this year on the 26th, is a symbol of the Resurrection, and intertwined with many religious customs and observances, some dating back hundreds of years before the time of Jesus Christ. The Easter egg became associated with Easter because eggs were forbidden to be eaten during Lent and on Easter Sunday they were traditionally served. The Easter egg, though, dates back to the Egyptians and Persians, and also the Greeks and Romans, who ate eggs annually in spring festivals. It is appropriate that Easter comes in the spring, when the renewal of life is so apparent. Sunrise services in our churches--an observance of recent origin in most churches-symbolize the Resurrection at sunrise. This practice is observed in practically all churches today as a symbol of hope, inspiration and faith. YOUTH ON THE MOVE "Fit To Be Tried" presented by Diane Heinrich of Crystal Lake and "Hey! I Caught One...Now What?" by Steve Thompson of Woodstock were winning demonstration in the McHenry county 4-H Demonstration contest. Diane and Steve were selected to represent McHenry county in the Demonstration derby held during the Illinois State fair. Alternates in the contest were Jodi Beutel of McHenry with her demonstration "Babysitting Emergencies" an Nikki Payne of Woodstock with "Scraps Can Be Beautiful". Susan Thompson of Wood­ stock and her horticulture demonstration entitlfid^ "Plantin' Tim" will be entered in the State Horticulture^ Demonstration contest held at the University of Illinois. \ Other participants in the. contest were Barry Nichols of Hebron; Betsy Payne of- Woodstock; Sue Malenius,!' Judy Vyduna and Shelly! VonBruenchenhein, all of McHenry; and Fay Stroh of Woodstock. I .irP & Sen l C , professi""" n,r<"",rV ' • EARL R. WALSH & JACK WALSH INS. Fire, Auto, Farm, Life Representing RELIABLE COMPANIES 4410 W Rte 120, McHenry 165 3100 DENNIS CONWAY AUTO LIFE FIRE State Farm Iris. Co. 131* W Elm St McHenry, ill. 385-7111 DR. LEONARD B0TTARI 303 N. Richmond Rd , McHenry Eyes examinee* Contact Lenses Glasses fitted Mon , Toes , Th u r s , F r i , 4 4 p m Tues , Thurs., Fri , 7 * p m Sat .• 30 to 3 00 Ph 3IS-4I51 or JI5 274J McHENRY COUNTY OFFICE MACHINES SALES SERVICE * RENTALS Mon Sat »-i 30 Friday til f:00 *3 Grant St.. Crystal Lake Ph 45* 12J* McHenry Telephone Answering & Letter Service • Answering Service • Cor, Telephone & Paging Service • Complete Mimeographing & Printing Serivce • Typing & Photocopying »ssoci»'is ALTOPS Farm Equipment George P. Freund, Inc. Case • New Holland 4102 W. Crystal Lake Rd. McHENRY Bus. 385-0420 Res. 385 0227 Ph. 385-025» JM2 W. ft. 110, McHenry "GATEWAY TO YOUR FUTURE" CALLUS (815) 385-4810 FT RADIAL TIRES FOR ALL CARS Europa Motors, Inc 2318 Rte. 120 815-385-0700 • PATZKE CONCRETE* McHENRY - ILLINOIS FOUNDATIONS • FLOORS • SIDEWALKS FREE ESTIMATES: 815-385-9337 815-385-5534 Conuit! ml %_w at our quic quick-action copy center. FINEST QUALITY COPIES MADE ON XEROX EQUIPMENT See us, also, for every kind of Printing Need!! PRINTING 3909 W. MAIN 385 7600 4 NEW TRAILERS used HILLSBORO A OWNES DUMP-FLATBEDS-CAR HAULERS * Stidham Horse & Cattle Trailers: L Plus A Complete Lino Off Brodon Winch** * ADAMS ENTERPRISES 3017 W. Rte. 120 AAcHENRY, ILL. tlS-385-5970

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