a a a DAILY PRESS, Newport News, Feb. 26, 1963 Museum Exhibits 3 Minutes Books Of CVV Camp: Three books of minutes of the R. E. Lee Camp No. 3, Confederate Veterans of Virginia, dating from Nov.
23, 1887, to Jan, 19, 1929, are on display in the Hampton school administration headquarters in the Syms Eaton Museum on Cary St. The most recent volumes include rosters of all units enlisting from Hampton during the Civil War. These were Company Old Dominion Dragoons, 3rd Virginia Cavalry: 1st Virginia Washington Artillery; Wythe Rifles, Company 32nd Virginia Regiment; Hampton Grays, Company 32nd 1 Virginia 1 Regiment. Hamptonians in other commands also are listed. There are 407 members listed under all commands from Hampton which answered the call to the colors in 1861.
The Old Dominion Dragoons listed 105 men on the original roster, with 57 joining after the organization was formed. It was led by Capt. J. C. Phillips, with William R.
Vaughan and George B. Jones serving as first and third lieutenants, respectively. There were 65 original members of the 1st Virginia Washington Artillery. The officers were Capt. C.
L. Smith, 1st Dr. G. W. Semple, 2nd Lt.
Dr. Jesse P. Hope and 3rd Lt. Thomas Tabb. The Hampton Grays counted 45 members on the original roster, with the officers listed as Capt.
B. F. Hudgins, 1st Lt. B. P.
Lee, 2nd Lt. James McFarland and 3rd Lt. T. V. Moss.
The Wythe Rifles, with 81 members, were headed by Capt. William R. Willis, 1st Lt. Thomas Lattimer, 2nd Lt. Samuel R.
Chisman and 3rd Lt. James Dye. Fifty four other Hamptonians joined various Confederate military units, including the Norfolk Light Artillery Blues and the Richmond Howitzers. Barnett Renews Plea On Troops JACKSON, Miss. (UPI) Gov.
Ross Barnett Monday renewed his request to President Kennedy to remove Army troops fro mthe National Guard armory at Oxford, scene of last fall's riot at the University of Mississippi. Barnett sent a telegram to the President which said "repeated requests and efforts have been made through all known administrative processes and channels to have active Army units vacate the Oxford National Guard armory and its premises and return same to the custody and control of the National Guard unit for purposes for which it was constructed." "Since all previous efforts have failed, I now personally appeal to you the governor said. Troops sent to Oxford following the "Ole Miss" integration riot occupied the armory Oct. 10 and have been there since, Barnett said. Mansfield Continued From Page One diplomatic relations in Washing- tain conditions he is prepared to take certain drastic Mansfield made the statement when asked about reports that Dirksen had warned Kennedy Republicans would continue their attacks on Cuban policy.
-Sen. Robert C. Byrd, D-W. Va. just returned from trip to tanamo Bay, said the United States should step up efforts to "strangulate the economy of Cuba by employing our free world friends to cut down on trade with Cuba.
-Sen. Hugh Scott, called for a total quarantine of Cuba except for food, an action that apparently would require U. S. interception of Soviet Ships. He said this would "get rid of the Russians" on the island.
-Rep. Stanley R. Tupper, R- Maine, who also returned from a visit to Guantanamo, said he did not believe Soviet missiles were stored in Cuban caves because there were no roads leading to the caves. Dirksen information about American pilots killed taking part in the Bay of Pigs invasion was developed by the Republican staff investigating 1961 invasion. he assumes the information is known to the administration.
"The GOP leader said he make a report on his findings to ton. In other Cuba developments: -Czechoslovakian Ambassador Milovan Ruzek, who handles Cuban diplomatic matters here, delivered to the State Department a note denying that Cuban planes attacked a U. S. shrimp boat last week in international waters. The Cuban note said "there was no attack" and that the planes merely flew past the vessel while looking for another boat.
-Sen. Kenneth B. Keating, R. N. one of the leading a GOP critics of administration Cuba policy, said it "unfortunate if the debate on Cuba degenerated into a name-calling political brawl" but said efforts to silence critics would not 'serve the national -Senate Democratic Leader Mike Mansfield said Republican critics of President Kennedy's Cuban policy know that "under cer- Senate Republicans at a meeting next week and would deliver Senate speech after that.
said he began assembling data a "on Bay of Pigs invasion after statement on the matter by Atty. Gen. Robert F. Kennedy. OBITUARIES ers, two sisters and children.
Funeral arrangements complete. BLUE CHIPS HOW DOES THE YOU ROLLS ROYCEMORE MARKET LOOK TO TO ARE ASKING ME WHAT four grandYOU, PIGEON? ME? I THINK OF THE MARKET? are in- Bond Market NEW YORK (AP) The bond market started the new week by nosing downhill Monday. Corporates and U. S. treasury bonds both lost ground.
Corporate prices sagged under the weight of declining railroad bonds. Trading was heavy in the rails. Activity was light and price fluctuations were narrows in the utility and industrial sectors. Turnover on the New York Stock Exchange was $5.22 million par value compared with $4.30 million at the preceding session on Thursday. NEW YORK (AP)-Following is a list of major bond transactions on the New York Stock Exchange Monday.
Sales Net (In $1.000) High Low Last Chg. CORPORATION BONDS Allied Ch 4 Alcoa 64 5 99 7-16 99 7-16 99 7-16 Am FP 4.80587 107 AmMchF 20 97 97 3 5583 42 107 13 Armour 5584f 28 95 AtICstL 9 Avco cv 5579 5 BaltGE 4 36 79 79 BethStl 27 107 107 Boeing Brunswk 94 94 Case Burroughs Pac 4s perp 47 108 80 80 cv 153 78 CenRRNJ 64 CerdePas 14 CMSP 5s 2055f 52 ChiNW 266 CCCSL 77 6 ColoF cv 16 84 CombEn 5 CElectro 8 105 105 105 DougAire ev4s77 17 76 76 DowCh cv3s 82 100 130 130 130 Erie FlaECst 5s2011 38 77 77 FoodFair cv4s79 54 GAmOil 4 GenElec 13 95 95 4579 76 Gen Tel 6 159 159 159 Gen Tel cv4s71 11 155 155 Grace 16 164 GulfMO 5s 2056f 11 82 Merr Ch in 16 81 9 Mo Pac 5s 2045f 178 69 69 MoPac 90 19 81 Mo Pac 30 79 79 Nat Tea 10 102 102 102 NY Cen 27 46 71 NYCen 4s 98 39 61 vINYNH 14 viNYNH 4s2007f 35 OlinM 13 114 114 OlinM Pen RR 22 101 PhillipsP 122 113 113 Richfid cv 44 StL SF 5s 2006f 4 ScottPap cv 3571. 58 128 SearsR 83 10 Sinclair 56 102 102 SmithC 2 104 104 104 So Pac 412569 4 Tex Corp 3565 57 ThomPd 2 US Steel 4s 83 15 98 FOREIGN BONDS Austral 5s 78 6 Chile 3593 17 42 Germany 6568f 5580 Ital PUt 3877 KLM Japan Norway Tokyo EL 6563st 9 Urug 4 89 89 89 SALES Approx final total $5,220,000 Previous day $4,305,000 Week ago $6,791,000 Month ago $4,973,000 Year ago $4,871,000 Two years ago $7,689,000 Jan 1 to date $212,097,200 1961 1962 $224,993,000 to date $224,993,000 Treasury Bonds onds. NEW YORK ury Notes bid and thirty to maturity for Apr 1963 May 4 1963 May 1963 Oct 1963 Nov 1963 Apr 1964 May 1964 May 1964 Aug 5 1964 Aug 1964 Oct 1964 Nov 1964 Apr 1965 May 1965 Oct 1965 Nov 1965 Feb 1966 Apr 1966 Aug 4 1966 Oct 1966 Feb 1967 Apr 1967 Aug 1967 Oct 1967 Subject to income taxes. NEW YORK (AP)- over the counter U.S.
Government Treasury bonds Monday. asked, net change and yield for 63 100.1 100.2 2.36 3s 64 100.1 100.2 65 99 99.4 3.09 2.93 3s 66 66 100.26 100.30 3.44 98.30 99 3.31 66 99.27 99.31 3.40 67-62 96.18 96.22 3.33 67 99.30 100.2 3.61 68 100.25 100.27 3.68 68 100.5 100.7 1 3.71 68-63 94.22 94.26 3.50 4s 69 Feb 101.16 101.10 23.75 225. 69 69-64 Oct Jun 101.6 93.20 93.24 3.62 101.10 3.77 69-64 Dec 92.30 93.2 3.66 70-65 92.22 92.26 3.67 71-66 91.28 92 3.66 4s 71 100.18 100.22 3.90 45 71 99.16 99.20 3.93 72 Feb 100.12 100.16 3.93 72-67 Jun 90.10 90.14 3.73 4s 72 Aug 100.12 100.16 3.94 72-67 Sep 89.28 90 3.76 72-67 Dec 89.28 90 3.73 74 99.4 99.12 3.94 85-75 103.12 103.20 4.01 4s 80 100.20 100.28 4.01 80 94 94.8 3.95 83-78 91.2 91.10 3.88 85 91.2 91.10 3.83 92-87 103.16 103.24 4.03 4s 93-88 99.20 99.28 4.00 90 91.30 92.6 3.98 95 88 88.8 3.63 98 90.30 91.6 3.96 Prices quoted in dollars and thirty sec- (AP) -Closing U. S. Treasand asked prices in dollars seconds and approximate yield Monday.
99.27 99.29 2.52 100.8 100.10 2.49 100.3 100.5 2.49 99.13 99.15 2.43 101.15 101.17 2.70 98.26 98.28 2.56 102 102.2 3.01 100.27 100.29 2.98 102.22 102.24 3.07 100.27 100.29 3.11 98.5 98.7 2.64 102.27 102.29 3.12 97.12 97.16 2.74 102.30 103.2 3.18 96.24 96.28 2.76 100.14 100.16 3.30 100.21 100.23 3.37 95.18 95.22 2.97 101.20 101.24 3.46 94.26 94.30 3.00 wi 99.29 99.31 3.63 93.28 94 3.07 100.14 100.18 3.62 93 93.4 3.12 federal taxes but not to state nephews. Funeral services will be held at 2 p.m. today at Queen Street Baptist Church with the Rev. George S. Russell, pastor.
officiating. Burial will be in Bassette Cemetery. Friends will gather at the home of Mrs. Betty Lee Thomas, 703 West Queen St. at 1:45 p.m.
Chicago Grain 1.00-1.10N. GRAIN TABLE CHICAGO (AP)Open High Low Close CHICAGO -Trading was mixed in wheat and soybeans in early afternoon on the Board of Trade. Other commodities were mostly firm. Brokers said the weak spots apparently reflected some profit chasing after the early demand had slackened somewhat. However, the pressure was not particularly heavy.
The feed grains derived a good deal of speculative support on reports of rather heavy snowfail over much of the Midwest. It was expected to sustain liberal usage for livestock. Cash corn receipts were the heaviest in several months, but dealers said they did not seem to have created much hedging pressure. Wheat closed cent a bushel lower to higher, March 07; corn to higher, March oats to higher, March cents; rye higher to lower, March soybeans lower to higher, March CASH GRAIN CHICAGO (AP) -No wheat or soybean sales. Corn No.
2 yellow 1.22½; yellow 1.18½-20½; No. 4 yellow 1.18½; No. 5 yellow 1.15½. Oats No. 1 extra heavy white Soybean oil Barley: Malting choice 1.23-1.30N; feed WHEAT Mar 2.07⅜ May 2.07½ Jul 1.92⅝ Sep 1.94⅝ Dec 1.99 CORN Mar 1.17¼ May 1.18⅝ Jul 1.19⅜ Sep 1.17⅞ Dec 1.15 OATS Mar May Jul 69 Sep Dec RYE Mar 1.35½ May 1.33¼ Jul 1.29 Sep 1.28½ Dec 1.30¼ SOYBEANS Mar 2.63¼ May 2.66 Jul 2.66½ Aug 2.65 Sep 2.53¼ Nov 2.50 Jan 2.53 SOYBEAN OIL Mar 9.31 May 9.40 Jul 9.44 Aug 9.44 Sep 9.40 Mar 68.35 May 68.50 Jul 68.50 Aug 68.50 Sep 65.00 2.06⅞ 2.07 2.07¼ 2.06½ 2.06¾ 2.07 1.92½ 1.92¾ 1.92⅜ 1.94⅝ 1.95 1.94¾ 1.99 1.99½ 1.99¼ Prev.
Close 1.17¼ 1.17¾ 1.17¼ 1.18½ 1.19 1.18½ 1.19⅜ 1.20 1.19½ 1.17¾ 1.18 1.17½ 1.14¾ 1.15¼ 1.14⅝ 69 69 1.35 1.35½ 1.35¼ 1.33 1.33 1.32¾ 1.28 1.28 1.28⅝ 1.28½ 1.28½ 1.28% 1.30 1.30 1.29¾ 2.62⅜ 2.63¾ 2.63 2.64¾ 2.65⅞ 2.65½ 2.65¾ 2.66¾ 2.66 2.64¼ 2.65⅝ 2.64¾ 2.53 2.54½ 2.53 2.50 2.51½ 2.50 2.53 2.54½ 2.52¾ 9.30 9.34 9.28 9.39 9.43 9.38 9.44 9.51 9.42 9.44 9.52 9.42 9.40 9.45 9.36 67.90 68.30 68.10 67.90 68.30 68.30 68.00 68.35 68.35 67.85 68.30 68.30 65.00 65.30 65.00 Chicago Livestock CHICAGO (AP)-A rather large butcher hog supply of 8,500 head sold steady to 25 cents a hundredweight lower with shipper accounts taking only a little more than half the offerings. The top of $15.75 was off 50 cents from a week ago and was the lowest peak since it fell to $15.50 almost three years ago. The 190-225 lb mixed 1-3 grades went at and the mixed 1-3 grades in the 190-230 lb range at Weights up to 300 lbs sold as low as $14 and sows at Several loads of prime grade slaughter steers brought with the market steady to strong. Mixed high choice and prime scaling lbs cleared at and strictly choice up to $25.25. Good grade was Heifers and bulls were steady.
Heifers were for good to choice, bulls $18-20 for utility commercial grades. In a steady and fairly active sheep $19.50 trade, wooled choice slaughter lambs topped at for and mixed choice and prime and at $19.25 for mixed good choice. Butter And Eggs CHICAGO (AP)-(USDA) -Butter: wholesale selling prices unchanged to higher; 93 score AA 57.966; 92 A 57.966; 90 Eggs: lower Prices paid delivered to Chicago to higher; 60 per cent or better grade A whites large mixed standards medium mixed checks extras 35- Standard And Poor NEW YORK and Poor's 500 stock index: High Low Close Chg. 425 Industrials 69.05 68.17 68.37 25 Railroads 34.99 34.43 34.75 50 Utilities 64.41 63.52 63.86 500 Stocks 66.09 65.24 65.46 What Stocks Did Advances 395 Mon. Thur.
Declines 697 451 Unchanged 238 303 Total issues 1330 1291 New 1962-63 Highs 36 35 New 1962-63 Lows 3 2 Staple Prices NEW YORK (AP) The Associated Press weighted wholesale price index of 35 commodities declined to 160.34 Previous Day 160.48, Week Ago 160.67, Month Ago 162.18, Year Ago 164.09. 1962-63 1961 1960 1959 High 166.84 166.69 170.62 173.08 Low 159.99 160.78 159.76 165.93 (1926 average equals 100) Dividends Declared Pe- Stk. of PayRate riod Record able INCREASED Latrobe StI .15 3-14 3-29 IRREGULAR Muskogee .50 2-28 3-12 REDUCED Butlers Sh .075 3-15 4-1 REGULAR Amal Sugar .20 3-15 4-1 Armstrong Rub .35 4-1 Bond Strs .3125 3-8 3-15 Borg Warn .50 4-10 5-1 Ex-Cell-0 .40 3-11 4-1 Intl Shoe .30 3-14 4-5 Mead Johnson .17 3-15 4-1 Miles Lab .15 ODD 3-8 3-25 Walker, HG .40 3-15 4-15 -Next day delivery. xw-Ex warrants. Mrs.
Annie Riddick Escapes Escapes City Farm A 19-year-old Negro fled the city farm Monday, police reported. The escapee was identified as Tyrone wAnderson, of 2209 Madison was to be released from the farm Nov. 1 under terms of a sentence passed following conviction of felonious shooting, possession of stolen property, and disorderly conduct. Hay fever is misnamed in that it is not characterized by fever and only 35 per cent of its suffer from pollens of hay-pro(ducing grasses. By Morrie Brickma Released by The Bell Syndicate Marriage Licenses HAMPTON Marriage licenses issued recently in the office of Hampton Clerk of Court C.
M. Gibson are as follows: Jerry G. Spain, 21, of Newport News, and Patricia A. Savage, 22, of 97 Clifton St. Robert L.
Merrell, 22, of 341 Creek and Cynthia R. Notz, 20, of 347 Creek Ave. Richard J. Handley 23, of Fort Rucker, and Susan Eddy, 19, of Fort Monroe. Kenneth L.
Pardue, 24, of 1346 Old Buckroe Road, and Gerry M. Morris, 21, of 227 Hope St. Charles C. Stoner, 21, of Newport News, and Mildred E. Sparkman, 16, of 510 LaSalle Ave.
John W. Reese 21, of Titusville, and Rebecca A. Elledge, 18, of 146 Melrose Frank K. Harrell 20, of Langley Air Force Base, and Mary A. Uhrin, 21, of 107 Peachtree Lane.
James M. Christian, 18, 729 Back River Road, and Carolyn Y. Langford, 17, of 39 Booker Negroes. Joseph L. Benthall, 23, of 57 West County and Betty J.
Brown. 20, of 15 Cornelius Drive, Negroes. New Auto Shop Ready By May 1 Construction of a drive-in motor tuneup and carburetor shop in Hampton will start shortly on the 200 block of Springfield St. at a cost between $10,000 and $11,000, according to Loyd A. Martin, owner.
Completion of the three-bay, brick and cinderblock building is scheduled for May 1. Martin, who presently is doing business out of a smaller structure at 226, West Pembroke hopes to eventually employ three persons. A graduate of a carburetor factory school in St. Louis, Martin started in the line of work in 1943. He was formerly associated with Burford an Automobile Agency in Hampton.
The shop will feature a full line of electric motor tuneup equipment. Besides tuneup and carburetor work, generator repairs also will be done. Army Plays Host To Navy 'Guest' A diesel locomotive marked "Naval Amm. Depot" in large white letters is about as much in place at Fort Eustis as a sailor's white hat. The diesel also marked "U.S.
Navy is slated to be at Hanks Yard, hub of the Eustis military railway, for the next two months. It is on Army property after a short trip from the Naval Weapons Station in Yorktown. The 45- ton siderod quipped diesel is enroute to the Ammunition Depot at Charlotte, N.C. It is being held at Eustis pending completion of facilities at Charlotte. Man Is Found Dead In Auto The body of 28-year-old Moses Edward Tynes, 25 Peach Hampton, was found early Monday night in the rear seat of his automobile in the vicinity of his home, police said.
Det. Lt. C. H. Deal, investigating officer, said Tynes was reportedly last seen by his wife, Amy, Saturday.
Cause of death is unknown. Dr. Edgar E. Peltz, assistant state medical examiner, ordered the body removed to Franklin Funeral Home in Newport News where an autopsy is expected to be performed Tuesday. Motorist Skids Auto Into Lake A Yorktown motorist suffered minor abrasions early Monday when her car skidded from Warwick Blvd.
into Lake Maury. driver, Miss Shirley Ethel Beachman, 20, jumped from her car when it skidded on the Lake Maury bridge, spun around an abutment and down a hill into the lake. Her injuries were suffered when she fell partway down ment. the 35-foot sloping embankWater reached doors of her automobile before it stopped near the edge of the lake. Suspect Arrested In Home Burglary Ernest H.
Barrett 20, Negro, of 2906 Madison has been charged with burglary and grand larceny in connection with la theft from a local residence, police said. Det. Capt. W. B.
Weaver said a record player, camera, overcoat, three sweaters, five pairs of pants and a radio were stolen from the home of John Young, Feb. 7. The items were reportedly worth $123. Barrett, who will appear in Newport News Municipal Court today, was apprehended by Det. Lt.
John Epling and Det. Sgts. R. J. Jefferson and George Austin, Weaver said.
Microscopes Taken From High School Two microscopes were stolen from Huntington High School some time during the weekend, police said. The items were worth $200, according to Det. Capt. W. B.
Weav. er of the Newport News police. a Buckroe Business Unit Meets Today a The Buckroe Beach Business Bureau will meet at 7:30 tonight in Stiffen Hall, Hampton, ac- TODAY'S MESSAGE CHI DEF ABC ber and so until you form a word. Repeat with the second set of numbers and continue until you have worked out Today's Message. Writing the letters down vertically will help.
Check your answers with the Message on page two, following weather. 7-6-5-8-3 3-7-4-3-2-9-7 6-3-7-7-2-4-3 9-4-8-4-3-2-9 3 4-3-5-7 TUy WXY Each set of numbers represents a word. Using the first number in the first set, select ONE of the three letters opposite it on the dial. Do the same with the second num- Funds Voted City Finance To Combat Study Group Alcoholism To Be Named Conitnued From Page Three Continued From Page Three next bond issue. He said he had heard nothing further on the project and wished council would affirm the vote.
Christie said Newport News has already expended $40,528 in acquiring property and he pointed out the value of the project for recreational facilities, a small boat harbor and flood control. City Manager J. C. Biggins informed council that they have the prerogative to reverse former council if they so desire and requested deferment of deciding items for the next bond issue so that they might be considered at one time rather than piecemeal. The entire Salters Creek Park project.
will cost an estimated $365,355 and is divided into three construction phases. The first phase costing the $134,558 includes excavation, construction of catch basins and floodgates and will take about two years to complete. It encompasses an area between Hampton Drive and 25th St. Richard L. Wingfield, a shipyard employe, presented a petition with 1,049 names urging council legislation expediting northbound, rush-hour traffic St.
between 39th St. and 70th on Huntington Ave. Complaining that it took him as long to get from 39th St. to 50th St. as it did for him to travel from 50th to his home in Denbigh, Wingfield spoke of the great inconvenience of the situation and the potential danger if a fire or other emergency should arise during the rush hour.
Biggins told council that studies in the past have indicated that Huntington Ave. should be oneway all the way to 50th St. and that parking should be eliminated from the east side of the thorouhfare as far up as Warwick Blvd. He said such proposals, which are similar with ones suggested by Wingfield, were initiated by past councils but reversed because of obiections by merchants and abutting property owners. He added that the proposals for Huntington Ave.
were arrived at in coniurction with state and federal traffic engineers. These matters will be further aired at the hearing. Council voted 6-0 to approve the Lancaster Land Corporation's rezoning bid for the construction of the motel. Atkinson, who represented the corporation before the Newport News Planning Commission, abstained from voting. Carter Company Inc.
withdrew an application to convert an area on Jefferson Ave. from Commercial 2 to Manufacturing 1, in order to build an automobile graveyard. Planning Commission rejected the offer 12-1 and before council could consider the matter, Charles Carter, owner, withdrew the application. Planning commission had deemed the use of the land as undesirable for that area of the city. 3 MS Staffers Speak Tonight At Board Meet Three members of the National Multiple Sclerosis Society staff will discuss national patient service policy and ways ot improving patient service on the local level at a dinner meeting of the society's Peninsula chapter (board Inn.
6:45 tonight at the HoliThe three are Dr. James Simmons associate medical and research director; Jack Brauntuch, national assistant for patient service development; and Emmett Carraher, southeastern regional director. Carraher is from Atlanta; the others are from New York. The three also have scheduled a 5 p.m. meeting with the chapheaded by Dr.
A. R. Coppola, which they will outline new discoveries in multiple sclerosis research. The meetings are open to all interested persons. Second Reading Set For School Budget Second reading of a $6,459,735 operating budget for 1963-64 is scheduled at a meeting of Hampton School Board at 8 tonight in the school administration building.
The figure represents an increase of $890,000 over the total for the current year. cording to Mrs. J. W. Roberts, president.
Reports from committee chairmen will highlight the meeting. William C. Minnix William C. Minnix, ton, died Saturday Veterans Administration Minnix 49, of Hampat Kecoughtan Center Hospital. He a veteran of World War nyas of World Surviving are his wife, Mrs.
Evelyn Barfield Minnix of Hampton sons, Billy Minnix of Roanoke and Glenn Curtis Minnix of Hampton; two daughters, Judy F. Minnix and Deana Marie Minnex of Hampton: two brothers, Avil Minnix of Roanoke and Calvin Minnix of Shelby, N. and three sisters, Mrs. Melvin Dickerson, Mrs. Harry Riley and Mrs.
Margaret Gilispie of Roanoke. Funeral services will be held at 2 p. m. Wednesday in the Protestant Chapel at Kecoughtan, Burial will be in Hampton National Cemetery. James P.
Pillow Jr. James Plummer Pillow 60, of 25 Deep Creek Road, Newport News, died unexpectedly Monday in Riverside Hospital. de Surviving are his wife, Mrs. Leonah Trent Pillow; a daughter, Miss Barbara Fay Pillow of Newport News; four sisters, Mrs. C.
H. Nash of Roanoke, Mrs. Annie Tweedy of Lynchburg, Mrs. H. D.
Trent of Mississippi, and Mrs. Sam Elder of Cumberland, and two brothers, H. L. Pillow of Newport News and Alvin Pillow of Nuruna. la neral p.m.
Funeral Home Wednesday in services at will Lynchburg. be Whitten held Burial Fu- at will be in Sharion Methodist Cemetery at Nuruna. P. Richardson Payton Richardson, Negro, 73, a veteran of World War died at Kecoughtan Veterans Administration Center Hospital. He was a resident of Norfolk.
Surviving are his wife, Mrs. Hattie Richardson, and a son, Richard Richardson. Funeral services will be held at 3 p.m. Wednseday in the Protestant Chapel at the center. Burial will be in Hampton National Cemetery.
Mrs. Thomas at ginia Thomas, 79, of 815 Thomas Funeral services for. Mrs. VirCourt, Newport News, who died Sunday after a long illness, will be held at 1:30 p.m. Wednesday Caffee Funeral Home.
Capt. Harold Brinson of the Salvation Army will officiate. Burial will be in Mill Swamp Church Cemetery in Isle of Wight County. She was survived by two sisters, Mrs. John Chapman and Mrs.
Rose Addison, both of Smithfield: nine grandchildren, and eight great-grandchildren. Cordell V. Towns Cordell V. Towns, 54, of Norfolk. died Sunday in Kecoughtan Veterans Administration Center Hospital.
He was a veteran of the Korean War. Surviving are his wife. Mrs. Margaret Towns of Norfolk; a son, Ronnie Towns of Norfolk, and two daughters, Beverly Towns of Norfolk and Mrs. Willie May Simpson of Miami, Fla.
Funeral services will be held at 11 a.m. Wednesday in Kecoughtan Protestant Chapel. Burial will be in Hampton National Ceme- tery. Mrs. Estelle Via Mrs.
Estelle Via of Charlottesville, sister of Mrs. John Pleasant of Hampton, died Sunday at her home after a long illness. Also surviving is a son, Charles Via of Charlottesville. Funeral services will be held at 3:30 p.m. today in Hill and Irving Funeral Home, Charlottesville.
Burial will be in Charlottesville. M.Sgt. Harding Master Sergeant Norman Harding, (USA-retired), Negro, of 524 Eaton Hampton, died Satur-345 day McDonald Army Hospital, Fort Eustis. He was a veteran of 30 years service in the Army and served overseas in World War I and World War II. He retired from Army and was employed in civil service at Fort Eustis for the past 11 years.
Surviving are his wife, Mrs. Harding; a daughter, Marion J. Miller of New York, and a granddaughter, Mrs. Joyce A. Dixon of New York.
Funeral services will be held 12:30 p.m. Thursday at Bethel AME Church with the Rev. R. Wismer officiating. Burial will be in Hampton National Cemetery.
The body will to the church at 6 p.m. Wednesday. Mrs. Dora Morgan Mrs. Dora Morgan, Negro, of Carolina Hampton, died of Friday Dixie Hospital after a 19 long illness.
She was a member of Sisters of Bethel Tent Nov. 14. Surviving are several nieces 2-26 The Daily Investor By WILLIAM A. DOYLE ernment ditch from Warwick Blvd. to Jefferson Ave.
Both go to low bidders. Basic Construction Co. will do the job from the railroad tracks to Jef- ferson Ave. for $33,300. K.
F. Wilson Co. will do the short job from the tracks to Warwick Blvd. for $8,835. Because the city has already been allotted highway monies from the state and federal governments for the next three years, Biggins told council, he recommended approval now of the state request to make Route 17 a four-lane divided highway for the .6 of a mile distance from the York County line to Interstate 64.
He explained that he would like to have the wider road extended all the way to Jefferson but that this will have to wait another couple of years. City's share of the .6 mile project-to be undertaken next yearwill be an estimated $31,000. In other matters Monday night, council: Balked at "rubber stamping" three nominees to the Peninsula Port and Industrial Authority submitted by Peninsula Industrial Committee. Nominated by PIC were F. 0.
Blechman, Thomas P. Chisman and E. E. Falk. Atkinson asked, "Are we just a rubber stamp for PIC? I move this be tabled until the next meeting to give us a chance to study the thing." A voice vote supported him unanimously.
Approved another $110 for the commonwealth's attorney's telephone and telegraph bills. Heard Mrs. L. J. Palmer ask city's name abroad.
Hooper asked that Biggins check on installing guard rails on the approaches to the bridge on Warwick Blvd. over Lake Maury. Heard Mrs. L. J.
Palmer ask that penalty for late completion of work on her contract to clear Diascund Creek Reservoir area of stumps and logs be dismissed and permit her company to halt operations now with 60 acres still to clear. She explained that these acres will not be under water so debris will pose no trouble in the reservoir. Biggins explained that the matter was bound up entirely by contract and that the supervising engineer has the sole discretion in the matter of not applying penalties. Mrs. Palmer, who says her firm is losing more than $100,000 on the clearing contract, also asked that council consider splitting some of the money it "saved" represented by her firm's bid price and that of the next low bidder.
Councilmen indicated a feeling the city also was bound by the contract. Council agreed to forward to the State Corporation Commission reports of citizen complaint about Vepco utility bills, saying the city has no jurisdiction in such matters. H. S. Bond, 5959 Jefferson spoke on the matter.
Biggins reported that the Peninsula Council of Garden Clubs officers agreed to release some land under lease for use by DMV for a new building. The city manager also read a letter from W. W. Waldrop, Vepco district manager, explaining that about 3,000 customers got bills in January that did not list the Newport News utility tax structure because they had to change the printing plate from the old four per cent to a new 10 per cent setup. Council asked Biggins to have city recreation officials contact the U.S.
Table Tennis Assn. to see what the city can do to contribute to the success of this country in international competition this April in Lyon, France. A 16-year-old Negro lad, Ronald Hobson, of Newport News was selected as one of four to represent this country in the matches. Councilmen noted this is an excellent opportunity to spread the Sanford To Talk In New York RALEIGH, N. (UPI) More than 800 North Carolina businessmen have arrived in New York for a big sales promotion program, highlighted by a speech by Gov.
Terry Sanford, today. Some 1,400 persons were exnected to attend a "North Carolina Day" luncheon of the New York Sales Executives Club. Gov. Sanford was scheduled to address the group and then hold a news conference early in the afternoon. The purpose of the event is to promote sales of North Carolinamanufactured products.
Sanford is scheduled to talk on the industrial advantages of North Carolina. Services Today For Mrs. Jones MRS. KATE JONES Pallbearers for Mrs. Kate Starkey Lamkin Jones, 88, of Norfolk, who died Saturday, will be grandsons, G.
E. Lamkin William H. Lamkin, William E. Lamkin, Mordaunt S. Jones, John C.
AtI keson Jr. and Thomas L. Atkeson. Funeral services will be held at 3:30 p.m. today at Larchmont Methodist Church in Norfolk with the Rev.
George H. Boyd, pastor, officiating. Burial will be in Forest Lawn Cemetery in Norfolk. She was a native of Pittsylvania County and was the mother of Gordon E. Lamkin and Clyde Lamkin of Hampton.
Mrs. BessieAmmons Mrs. Bessie Lankford Ammons, 75, of 43 South Court Hampton, died Monday in Dixie Hospital after a long illness. She was a native of Crisfield, and the widow of William Garrett Ammons. Surviving are, two daughters, ton Fields MacCox Jr.
Mrs. Daniel, Bennett of Hampof Sumter, S. two grandchildren, and two great-grandchil dren. Funeral services will be held 2 p. m.
Wednesday afternoon by Lawrence B. Wood Funeral Home with the Rev. Jack W. Cunningham officiating. Burial will be a St.
John's Episcopal Church cemetery. Pallbearers will be Walter McQuatters, Sam McQuatters, Warren McNamara, Roy Strickland, Garland Seward and John Wesley Mays. Mrs. Harry Diggs Mrs. Harry 76, Newport News, died Monday at Horn Harbor Nursing Home, Mathews County, after a long illness.
She was a native of Nebraska but had lived in Newport News most her life. She was a member of Andrew's Episcopal Church. Her husband was foreman of the Daily Press composing room for a number of years prior to his death in a hunting accident in 1934. Surviving are two daughters, Mrs C. Taylor Jr.
and Mrs. Ann Diggs Phillips of Newport News: a son, Harry C. Diggs Jr. of Richmond; a sister, Claude Miles of Newport News, and nine grandchildren. Funeral arrangements are incomplete.
The body is at Peninsula Funeral Home. M. C. Jackson Marshall C. Jackson, 52, of 4305 Huntington Newport News, died Sunday en route to a local hospital.
He was a native of North Carolina and had been a resident of the Peninsula since 1939. He owned and operated the North Carolina Market. Surviving are his wife, Mrs. Emma Jackson; two daughters, Miss Anne Jackson and Miss Louise Jackson, both of Hampton; a son, Clarence Jackson of Newport News; two sisters, Mrs. S.
E. Stankowitz of Mount Clemens, and Mrs. J. of Scots Hill, N. six brothers, Wilbert Jackson and Joseph Jackson of Goldsboro, N.
J. Millard Jackson and Nathan Jackson of Hampton, Davis Jackson of Newport News and Willard Jackson of Scots Hill and one grandchild. Funeral services will be held at 2 p. today at Caffee Funeral Home with the Rev. Lonnie E.
Quillen pastor of Calvary Baptist Church, officiating, Burial will be in Greenlawn Cemetery. Pallbearers will be Bert Sholar. Jack Weaver, Al Mater, Lewis Amon, Edward Parham and Joe Kennington. J. V.
Jester Judge J. Venable Jester, 64, of Greenville, S. a native of Newport News and brother of Lewis T. Jester of Tabb, died unexpectedly Monday at his home. He was a member of the port News High School football team of 1917-20 and of the Furman University team where he received his law degree.
After receiving his legal education he located in Greenville, became a member of the city council and judge of the municipal court. Surviving in addition to his brother are his wife, Mrs. Allie Jester, and daughter, Mrs. Eugene Tisdale of North Carolina, Funeral arrangements are incomplete. Leroy R.
McCully Mrs. James W. Wright of Dwight Road, Newport died Monday in Kingsport, Other survivors are two 2.07⅝ 2.07⅝ 1.93¼ 1.95¼ 1.99⅝ 1.17⅞ 1.19⅛ 1.20 1.18⅜ 1.15⅜ 1.36 1.34 1.29 1.29¼ 1.30¾ 2.64⅛ 2.66½ 2.67½ 2.65¾ 2.54¾ 2.51½ 2.54½ 9.35 9.45 9.52 9.51 9.46 68.60 68.60 68.60 68.60 65.30 Q. I bought some shares of Investors Stock Fund on January 17, when the "bid" quotation was less than $18 a share. But I was charged the "asked" quotation of $19.19 a share.
Why? Also, I cannot see how I paid the commission of per cent on the purchase of these shares. Can it be that commission was included in the total of $19.19 a share? A. That's it, exactly. When you buy shares of a mutual fund, your purchase price includes the commission charge. The commission on Investment Stock Fund is per cent on purchases of less than $25,000.
At that point, it dips to six per cent and becomes progressively lower on larger purchases. Your purchase order was executed on Jan. 17. On that date the asked price (selling price) on Investors Stock Fund was $19.19 a share. Now, per cent of $19.19 is just about $1.44.
Deduct $1.44 from $19.19 and you have the bid price for that day $17.75 a share. The $17.75 figure represents the asset value behind each share of the mutual fund on Jan. 17. That is also the price you would have received if you redeemed shares of the fund on that day cashed them in. This is where the price quotations of mutual fund shares differ from the quotations on most securities.
Each mutual fund calculates its asset value at least once each business day. Investors Stock Fund and the other four mutual funds in the Investors Diversified Services group do this after the close of leach day. Your order was filled at a price determined at the close of busi(ness on the day on which your order and the money to cover it arrived at the company's headquarters in Minneapolis. A number of funds have this "pricing" arrangement. Others do things somewhat differently.
With those other mutual funds, your orders would be filled at the last establish price calculated either the previous business day or earlier the same day on which your order was received. By this time you must realize all the details can be quite complicated. But, for mutual fund investor, the is that you buy shares at established asked price and redeem shares at the established price. And don't overlook the fact that prices can change from one calculation to the next mostly in line with the rise or fall in market values of the securities which the mutual fund owns. Q.
Is there any simple formula for arriving at the percentage earned on money invested in securities? I mean a really simple one, not complicated. A. It's quite simple. Just divide the income you receive during a year from your investment by the amount of money you invested. That gives you the "yield on your But, to bring things up to date, you should divide the income you receive from your investment during the latest 12 months by the current market price of your investment.
That gives your "current yield." For instance, say you invested $100 in stock some time ago and received $4 in dividends during the past year. The yield on your investment is four per cent. Say the current market value of the stock rose to $200 and the 2 dividend is still $2 a year. Your current yield is two per cent. (Mr.
Doyle will answer only representative letters of general interest in his column. Address him in care of the Daily Press, Newport News, Va. He cannot answer phone queries.) Stock Averages Compiled by The Associated Press 30 15 15 60 Ind. Rails Util. Stocks Net Change ,4 Monday 358.4 131.1 142.3 256.3 Prev.
Day 361.5 131.2 142.7 257.9 Week ago 364.5 132.1 143.9 259.9 Month Ago .361.8 127.6 143.0 256.9 Year Ago 369.0 124.0 141.1 258.1 1962-63 High 377.1 133.0 143.9 262.5 1962-63 Low 285.8 97.0 110.3 200.6 1961 High 384.1 130.5 148.9 269.0 1961 Low 319.5 112.2 111.8 219.4 Bond Averages Mrs. Annie Riddick, Negro, 58, of 714-25th Newport News, died Friday at her home after a long illness. Surviving are a son, Robert Pettaway; two daughters, Mrs. Mildred Whitley and Mrs. Elsie Granton; a brother, Spogo Chatman, four grandchildren, all of Newport News.
Funeral services will be held at 2 p.m. Wednesday at Cooke Bros. Funeral Home with the Rev. Lloyd M. Alexander, pastor of St.
Augustine Episcopal Church, officiating. Burial will be in Pleasant Shade Cemetery, Compiled by The Associated Press 20 10 10 10 10 Rails Ind. Utils. Fgn. L.
Yd Net Change Monday 81.0 100.2 89.1 88.8 95.1 Prev. Day 81.2 100.1 89.0 88.7 94.9 Ago 81.1 100.4 89.0 88.7 94.8 Month Ago 80.8 100.6 89.5 88.7 94.7 Year Ago 77.2 101.4 86.2 86.8 91.3 1962-63 high Low 81.2 102.2 89.5 88.9 95.1 1962 High 76.1 96.7 85.7 85.9 91.3 78.7 103.7 88.2 86.3 93.4 1961 Low 75.9 95.5 84.5 83.0 90.1 MarketsAtA Glance NEW YORK trading slack Bonds--Lower, rails lose most Cotton- -Higher, trading quiet CHICAGO: Corn--Firm: old crop months easier scattered buying Oats -Firm with corn Soybeans Steady Mostly to 25 firm; centatterede buying $15.75 top $26 Steers -Steady to strong; top Slaughter.
