Chicago Tribune from Chicago, Illinois • 70

8 Section .5 CHICAGO TRIBUNE, WEDNESDAY, NOVEMBER 20, 1963 Cranberries by Boatloads for less active transfer to n.i.iii ir T---1-- i i. i I'm. sw 1 I I I 7 I ASKS FEDERAL PROTECTION OF FIRMS ABROAD Harvester Aid Urges Firm Policy BY WALTER BILITZ tChtcate Trieeee Press Serrice New York, Nov. 19 A Chicago business executive called upon the federal government rami Transfer your 1963 records into Pronto Files and us. your steel equipment over and ev.r again.

IETTIR SIZE $3fl IIGAI SIZE $470 CHECK SIZE $2" CAU HA 7-4 wrr PRONTO FILI Dept. CT-4 SIZES IST-. TERMS EFFORT ON FAIR HIRING AS HEARTENING Frank Cassell, chairman of the Chicago Association of Commerce's committee for full employment, said yesterday he is "heartened by the vast cooperative effort of organizations in Chicago concerned about fair employment," but added, "I'm not sure whether I'm optimistic or pessimistic about the situation." Speaking on a panel discussing the outlook for Negro employment in the Chicago area, Cassell, who also is assistant to the vice president-administration at Inland Steel company, emphasized the connection between economic growth and employment. Rate Less Than Chicago's "In European Common Market countries and Japan, where the growth rate is about three times America's, the unemployment rate is about naif that in the Chicago area," he said. Cassell reasoned that a stepped up economic growth here would mean more jobs and -jsfj TvW-' Wjm Cranberries by the boatloads are being harvested in Wisconsin.

Favorable harvesting weather enabled the Wisconsin growers to complete picking a week ahead of schedule. m. o. Michigon. iniernauonai narvesier com- Pleas, have your representative pany, observed that "many coll with somple.

I cnonihlp nonnlo in nthor rrain. i tfce'eveft7 personalized W. Trade Groups Defend Export Drive Activity BY JOANNE KNOCH eight persons in the entourage and the whole thing cost less than the budget allowed, Blumenthal said. "We must increase exports to take care of our surpluses, which run almost 8 million hides a year," he said. "That air was Dart of the effort to build enthusiasm for hides and better yet, for tanned leather.

Current annual shipments of raw hides worth about 100 million dollars would have two to three times that export value as leather." "Virtually Saved" Industry Blumenthal said he is "ready to testify and open our books for anyone" to show that the promotion was necessary. He said the program involving the rendering industry virtually saved that industry by opening new markets in Italy. Dean A. Specht, executive director of the National Renderers association, cited growing importance of export markets as an outlet for United States agricultural products as an underlying reason for the programs and said he looks on the turkey carving project as "a particularly effective way to increase the demand for frozen American turkeys overseas." Your shipments move faster, safer and on time because of Air France personalized service. Special "problem" cargo gets special stowage, special handling.

Not everyone can do this Air France trained personnel can. Does your outgoing shipment require unusual arrangements for its pickup? Or for delivery at its destination? Tell Air France cargo people. Bookings and forwardings are controlled around the world by a telecommunications network and cargo-handling facilities that are so advanced they have a new name: Cargomation. Air France Cargomation. It speeds cargo world-wide from Chicago 4 times weekly by jet, from New York 18 times weekly by jet and 3 times weekly by all-cargo Super H.

See your Cargo Agent or Freight Forwarder. Or call Air France Cargo: 686-4525. ADR CC7iCrJCG CAQQO STREETS WORLD LARGEST AIRLINE WLlf THE AMERICAN STOCK EXCHANGE announced new listing standards on low-priced stock issues and reported that the delisting standards adopted early last year have brought about the removal of 631 issues from dealings. Stock issues selling for less than $5 will be listed in the future only if the aggregate market value of the publicly held shares is substantially more than the present minimum requirement of 1 million dollars, Edwin D. Etherington, exchange president, said.

loaay 10 proieci ana proclaim ii. uavics, Kcuciai man- ager of the overseas division of I A. AZ 1 TT i tries have come to believe that United States private enterprise does not enjoy vigorous backing from our government." "As corporations and individuals, we can and we must urgently recommend that our government secure for our investments abroad the same rights and benefits accorded to foreign investments here," he continued. Urges Strong Stand Davies made his remarks in an address on foreign investment prospects and pitfalls at the convention of the National Foreign Trade council, in its second day here. Some 2,000 business and government leaders from this country and abroad are attending the three-day convention.

"I would appeal to our government," said Davies, "to speak up strongly for private enterprise; to insist that this instrument of human development, and not state-to-state aid, is that which will do most for the citizens of the free world, whether in industrialized countries or in the more re-jcently developing lands. We can challenge anyone to show where state direction has been an improvement over free trade and investment." Should Clarify Position Other principal speakers, and highlights from their talks, included: Lammot du Pont Copeland, president of E. I. du Pont de Nemours "One of our most urgent tasks is to try to enlighten those who claim that the reason we set up manufac- turing facilities abroad is to exploit cheap labor, to sidestep United States taxes, or to avoid growing competitive pressures in our domestic markets. We would much prefer to serve world markets from our United States plants but the choice is governed by factors out of our control.

I am firmly convinced that the activities of United States business enterprises abroad are a dynamic, constructive force, which benefits the United States economy and the economies of foreign countries also." Raps Supersonic Policy Charles C. Tillinghast president of Trans World Airlines: "The United States government ought to be willing to do at least as much as the British and French governments are doing to make supersonic transport a success. The British and French governments are putting up 450 million dollars for the research, development and engineering costs of the Concorde. Since it is generally agreed that development costs in Europe are about 40 per cent of what they are here, a comparable outlay for this country would be roughly one billion dollars. "Surely a nation which subsidizes its merchant marine, which thinks of spending 20.

to 40 billions to get to the moon, which spends 5 billions annually on the civilian space effort, and many billions for farm aid and other programs can afford a substantial contribution to stay in the race for leadership in the field of supersonic transport, a market which should exceed 10 billion dollars during the decade of the 1970s." Seagram Unveils New Holiday Gift Packages Seagram -Distillers company recently unveiled its new line of holiday gift packages for its 7 Crown and V. O. Canadian whiskies. Attending the preview here were executives and sales representatives of distributors in the Chicago area, Illinois, Wisconsin, and Kentucky. Madison Bank Declares 10c Quarterly, 20c Extra Directors of the Madison Bank and Trust company have declared an extra dividend of 20 cents a share plus the regular quarterly dividend of 10 cents a share, the bank announced yesterday.

The dividends are payable Jan. 6 to stockholders of record Dec. 16. that any discriminatory prac- i tices would fade as employers I were forced to be less selective because of the smaller labor market. Secondly, he said, "moral leadership" should be exerted by the business community against job discrimination.

An "untapped resource" for hiring qualified Negroes are the small businesses in the Chicago area, Cassell added. Says Gap Has Widened Another panelist, Walter J. Ducey, executive director of the Illinois Fair Employment Practices commission, said the gap between white and Negro median Incomes has widened in the last 10 years. "And things could very likely be worse by 1970, despite such measures as the state's fair employment practices act," he said. The panel was sponsored by the Chicago Association of Commerce and was held in the Carson Pirie Scott Co.

auditorium. WILL. lows of around 738 in the Dow-Jones industrials be broken, it should be assumed that a full scale reaction is in progress which will push the industrial average well below the 700 level. The First National Bank of Chicago and associates were the successful bidders for $7,700,000 city of St. Paul general obligation bonds.

Maturing 1966 to 1993. The bonds were reoffered at prices to yield from 2.30 per cent to 3.40 per cent. Goodyear Tire and Rubber company has placed 50 million dollars in 4.2 per cent notes running to 1988 with various investors, the company announced. Trading in the common stock of Japan Fund, a closed-end investment company, was started yesterday on the New York Stock exchange. The stock previously was traded over-the-counter.

A number of closed-end investment companies have been traded on the exchange for years. Japan Fund was organized in 1961 to specialize in Japanese securities. CALCUTTA AIR FRANCE 686-4525 i I Maose send Ire. color brochure. I Nome Addre I C0 Citr- State.

PUBLIC NOTICE xotm or ni.i vfi or i.o al r.XtHAX.K TAKIFF HEDI LKH HV 4.KNKRAI- TELEPHONE OM-PAV OE ILLINOIS TO IHSION-TIM THE I OF BISINKSR AMI RESIDENT I A I R-P ARTY KRI4 WITHIN ESTABLISHED RASE KATE AREAS FOR 71 OF ITS EXCHANGES. Tm th Pairent of General Telephone Company off Illinois: Canaral Talphn Cwmoanv af llliaeit liartby ftn iMtie th public that it fcaa Hlva' with tha llliMia Cammerea Caw. nttlft lacal tsehan tariff cheats far 71 its axchantes far authority ra dis aantiMM th florin i ef Business Ta-arty mn4 Residential aur-party serviea at December 8. 1963. us tamers subvert ta theM aarvites Daeember S.

t93. aiav retain said serv an a frozen basis ejatil the tarminatian af the freeze period. All parties interested in this matter nay ebtaia information with respect therete either directly frem thi Cempany er by address nf he Secretary af the 1 1 1 i nai Cemmeree Cemmtsaiea at Sprmiflald. I Hi nets. GENERAL TELEPHONE I OMPANY OF ILLINOIS R.

W. BR ITT Vicm Pmident Operations Choice Loop OFFICE SPACE On State St. NEXT TO THE NEW FEDERAL COURTS BLDS. 200 sq. ft.

to entire 202 SOUTH STATE ST. BUILDING floor of 3400 sq. ft. Air conditioned Attractive lobby Automatic Efevs. All transportation at door Restaurant in Call Arnold T.

lnefer. Mgr. BROWNE STORCH. INC. WHitehall 4-7373 MR.

INDUSTRIALIST: LEASE A NEW PLANT in the LA SALLE-PERU ILLINOIS AREA Sale $4.50 ft. Zoned industrial, all utilities. Railroad at property, immediate possession. Financing, low taxes. Ten industries located here in last six years.

tontart MR. FREDERICK BEXTEN f.POS f'hnmbtr of Comtnerc Box 1 16. I.m Sallp, Illinois, or Dial Code 815 3 LEASE? WHY NOT! ALL GM BRANDS CADILLAC WALTER MACK ntii fe DELTA LEASING CO. OO NORTH MICHIGAN accfues FRENCH RESTAURANT Superb French cuisine. Outstanding wine Delightful dining in Continental atmosnhereJ Parking at Delaware M.

entrance. For reservation call WH 4-4795 OPEN DAILY 11:30 A.M. to 12:00 P.H. Notice ef Dividend Carnaco Equipment Company 1 6c per shore en common stock Payable January 6, 1964 Record date Dec. 16, 1963 ml SI i Hfcr Sq.Ft.

A FROM $92 CADILLAC BY i I I 1 SANTA CLAUSES Wonted weeks, 8 hours daily. Good salary for pleas-ont, cheerful gentlemen. Moy be retired. AV 6-0683 after 11. Officials of three trade associations under fire in Washington spoke out yesterday to defend programs they conduct overseas as a necessary part of efforts to increase American exports.

The three, all based in Chicago, expressed surprise at charges of waste and extravagance leveled at such programs Monday by Rep. Edward J. Finnegan 111.. They are the Institute of American Poultry Industries, the National Hide association, and the National Renderers association. Executives of all three groups said projects in which they have been involved have already been effective in varying degrees in spurring exports.

They promised continued and full cooperation with the House committee investigating the government contracts given to trade associations. Cites Poultry Sales "Poultry exports to Europe total up to 6,000 tons a month now against virtually nothing in 1956, when this thing was started," Lee Campbell, head of the Washington office of the Institute of American Poultry Industries, said in a telephone interview. Campbell objected to descriptions of a chef sent abroad by the institute as an "ex-army cook" and "turkey carver." "He is a highly skilled chef, trained particularly in institutional food service, who is giving demonstrations on the use of poultry," he said. "He is paid $1,000 a month but has worked with us only three months out of the current year. That has been mostly in Europe, and not on a global tour as has been charged." The institute's president, Harold M.

Williams, is scheduled to return to Chicago next week from Frankfurt, Germany, where he is attending to "administrative work" in the group's office there, the Chicago office reported. Raps "Smokescreening" Shepard Blumenthal, president of the National Hide as sociation and vice president of Rockford Hide and Fur com pany, Kocklora, cnargea tnat the attacks represent a "smoke- screening approach." The only project involving the N. H. A. he said, was a "straight business promotion, with no 'Maid of Cotton' wardrobe and no wives' expenses included." That project, handled by the association and the Tanners Council of America, was an exhibit at an eight-day shoe and leather fair held in September in Paris.

There were fewer than WESTERN UNION SEEKS ILLINOIS RATE INCREASE Springfield, 111., Nov. 19 (UPD The Western Union Telegraph company today asked the Illinois Commerce commission for permission to increase rates 10 per cent on intrastate telegrams and money order messages. The company also asked for increases of 8 per cent in its rates for commercial news services. Western Union attorneys argued the revised charges are necessary in order to finance an expansion of facilities and services. (in Ford Opens 1st Used Car Repair Unit by john McDonnell Something new in auto reconditioning was introduced here yesterday by Ford Motor company.

Called Chicago Reconditioning Center, the unit was established by Ford to provide low-cost, one-stop service for used cars taken as trade-ins by Ford and Lincoln-Mercury dealers in the area. The center is in a former auto agency at 5310 Division st. Includes Repair Work Services that will be offered include body and paint repair, glass replacement, tire replacement, interior cleaning and repair, trim and convertible top replacement and repair, and minor mechanical work. Except for a pilot project Ford started last year in Detroit, the center is said to be the first full reconditioning unit operated by a manufacturer. Robert Koch, used vehicle promotion manager for the Ford division, said that additional centers are planned for other major cities across the country, and as many as 12 units may be in operation by 1965.

Local Ford officials hope to get a second center in Chicago. The new center is a wholly-owned Ford subsidiary, but the company plans to sell it and its counterparts as franchises once they have a firm start. Increase Value of Cars Koch said the center has two purposes: to increase the value of used cars and to give customers as much of the original "newness" as possible in the autos they buy. For each $25 spent reconditioning, the value of a used car increases about $100, Koch said. Edward J.

Taub, used car reconditioning manager for the Ford division, is president and general manager of the center. CRACKER JACK FIRM SOUGHT BY BORDEN CO. Borden company announced yesterday it is negotiating for the purchase of the Cracker Jack company. The Chicago firm makes the confection Cracker Jack and Campfire brand marshmallows. Cracker Jack's office and main plant are at 4800 W.

66th st. The company has about 500 employes. Paul D. Allman is president. Cracker Jack was founded as a partnership in 1872 by two brothers, Louis W.

Rueckheim and F. W. Rueckheim St. In 1898, Henry G. Eckstein Sr.

was admitted to partnership, and in 1902 the firm was incorporated as Rueckheim Bros. Eckstein, Inc. The company later was reorganized in .1920 as the Cracker Jack company. CARY ASKS O.K. FOR NEW LAWS ON SECURITIES Washington, Nov.

19 IT) William L. Cary, chairman of the Securities and Exchange commission, asked the House today to approve a Senate-passed bill that he said would give America's investors "important bulwarks against fraud." The bill, an outgrowth of the SEC committee's special study of stock exchanges, has two major provisions: 1. It would require filing with the SEC of the same informa tion about most over-the-counter stocks as the SEC now gets on stocks traded on the exchanges 2. It would stiffen the stand ards of qualification for people in the securities business. PRODUCTION ENGINEERING MANAGER The "men we ere looking for is now a successful supervisor in production engineering, operation who wants to run his own department.

We are a three and one-half year old connector company that has outgrown our present operation and need a man who can organise, staff, and direct our Production Engineering Department to support future growth. Experience in transfer molding and high production assembly techniques is important but heavy emphasis will be placed on managerial ability. We also have openings for a Plastic Production Engineer and Mold Da-signer, familiar with transfer molds for close tolerance plastic parts. Contact D. Chambers or A.

Malm at the Morrison Hotel on Wednesday or Thursday. November 20 or 21. from 5:00 to 7:30 P. M. or send resume to: M.

D. Ch.ll National Ceeeector Corpora Host Science Industry eater Miaaeopotis.27. Minnesota Dramatic Proof of Immediate Results! These are just a few examples of the thousands of Tribune want ads that worked for Chicagoans WORLD WIDE CARGO SERVICE for you this week. SOLD-1 12-ton truck rrnoe factf 1954" "ton. 14 ft.

closed paneled bodv. Good condition. Bargain. SE 8-1772 SOLD 14 want drive-in restaurant! DRIVE-IN RESTAURANT Illness forces to sell. 2421 W.

Dempster-Evonston. Also 6' and meat cornbeef slicer. 2 bond slicers end scale. HO 5-9378 SOLD 'Calls ran me ragged MOVING Out of town ATT" house-hold goods. 5728 N.

Austin. RO 3-4107 SOLD Aluminum duck boat! ALUMINUM Duck Boat" Aero Craft-Model 12 ft. pointed bow. Ideal cor top boat. YO 7-8411 SOLD 10 people want scubjjquipment! PlILL set of Scuba Diving equip Used twice.

Sac. GA 2-5465 RENTED 12 applicants! 3 RM. bsmt. cat. AtTiitll.

Inel. Un- furn. or turn. TU t-8437 SOLD Furniture pulls 100 calls! 4 RMSf'Furniture for sole Very reo-sonoble. 27-5137 any time.

SOLD Busy grocery store GROCfRY Doing good Good location. 3900 N. Christiana SOLD 6 Schnauzers, $100 each! SCHNAUZ. min. pups AKC.

90 chomps in 6 gen. Shots, wormed, groomed, hsebrkn. Sire ond dam can be seen. Priy. mus sac.

$100. GA 2-3477 Companies with stock issues now admitted to dealings and selling below $2 a share will be urged to make reverse splits, if the split will not reduce the floating supply to a point beyond which an adequate auction market can be maintained. Etherington said the moves were the result of a continuing review of the exchanges criteria for initial and continued listing. Stock market comment Walt McKibben, Investograph Stock survey editor, expects a continued high, strong trading market and recommends extreme selectivity at this time. Suggest McKibben: "Don't buy the market; buy and hold outstanding shares." McKibben believes that tax cutting legislation is still an important factor, and the market prognosis is helping as long as it seems likely for next year.

Analyst James Dines points out the odd-lotters have departed from their usual policy of heavy selling on balance, an indication that the public is becoming optimistic a major warning signal to those who pursue the theory of contrary psychology. Hornblower Weeks believes the advance in the margin requirements probably signifies an impending change in stock market leadership rather than an early end of the advance that gained momentum a year ago following the Cuban crisis. Winslow, Cohu Stetson believes that should last week's last week. Let one work SOLD Children's furniture! EDISON 6 Like pew. yr.

crib and wardrobe. HU 6-6904 SOLD Printing Press! TOR SALE 10x15 Gordon, variable speed motor 160. GL 5-7266 SOLD Future champs! SHETLAND Sheep dogs (Minio-ture colli-sl, AKC Champion stock puppies. S75. Holly Hill 766-4366 SOLD Sorrel mare! MUST sell Sorrel more 6 years old.

Reasonable. LUdlow 5-1578 SOLD Going business! LAUNDROMAT North side. CofTloc. 24 machines. 5 dryers.

Excel, cond. Reosonoble. Coll 761-4594 SOLD 2 apricot poodles in 2 calls! POODLES 8 wk. old pure opri-cot. M.

ond AKC. $125. 534-6395 SOLD 3-bedroom Elmhurst home ELMHURST Lge. wooded lot. New patio 20x20.

Woodburnino fireplace. 3 bedrms New kitch. with built-in range and dishwasher. 1 block to school and church. Owner leaving town.

BR 9-4781. 171 Oneida. SOLD Stick-shift Y-8 coupe! CHEV. '57 Coupe. V8 stick.

R. H. Clean. 1 owner. 437-5614 RENTED Forest Park apartment! FORFcST PARK Corner brick.

4 mis. 1 bdrm. $110. 1250 Elgin. PR 1-8056 WORTH SEEING! GET THE BEST.

GET ACTION. GO TRIBUNE! nm mum mm and work out your ad with the most helpful ad-takers in all Chicagoland! Complete, Final Markets Retail Merchandise Operating Executive (Hard Lines Experience Preferred) Starting Salary Well-etablihrd retail chain rwjaires experienced merchandising and opratmr necurive to uireot expanding operations. Ability to take fall charge of profitable fxpandins retail store chain. For personal interview, wnte. civms df-taiis of experience, present level of employment, and nci-csary personal information.

Kephes will be handled with complete Bos TCB 427. Tribune Chicago's AMERICAN Always On Top Of The News For Tribune home delivery starting tomorrow, dial 222-4100 i. .1. lMllJk( a a rV, lfci4t.AA.