The Decatur Daily Review from Decatur, Illinois • Page 24

Decatur, Illinois, Sunday, October 27, 1957. DECATUR SUNDAY HERALD AND REVIEW 24 Official Raps Fraud Decision Chicago, Oct. 26 (AP) State's Attv. Benjamin Adam-owski said today he will proceed Stock Market Recovers After Historic Fall NewYorlCOct.26 (AP) The stock market was all-even M. Oc.26rlW Datm from IIJL WUkTWZ CT' High Tampoftrttfftt Ixpeci ZT fsj bv the end of this week after one with prosecution of six remaining defendants in an alleged estate Ireud even though the main defendant has been acquitted.

Adamowski termed the acquittal Friday of Charles J. Fleck, former public administrator, a "mis of the most hectic five-day periods in history. carriage of justice" and said the! Criminal Court did everything in its power to destroy the case. Judge I lenrv W. Dieringer call ed Adamowski's remarks 'Ridicu lous" and said he would not "dignify them" with a replv.

"This case is still pending. There 4 were six others indicted in the he used to stop the engine almost covered the railroad's 32 miles every any time and shoot a rabbit got day after he advanced from fire-14 in one season. As engineer he 'man in 1925. TERROR RING 'BROKEN' Vienna, Austria, Oct. 26 (AP) Radio Prague reported today a s-abotage and terror organization ures the setting of a new land lev'eler manufactured in by Bethard and his son, case," the judge said.

Fleck's comment on announcement of the verdict was: "'Thank God for American justice." Fleck, a Republican, was accus Paul Peabody (left), of Tay-lorville, watches Ray Bethard, also of Taylorville, as he meas- Ray Jr. Bethard spent two vears working on the new ma-chine which has been on the market for a year. has been smashed by police in the ed ot bilking the trutntul neirs to Father Son in Taylorville Making Machine to Ensure Level Farm Land the $70,060 estate of Frank J. Rozanski, a Polish immigrant. Ro- Czechoslovak capital.

Ten Czechs were arrested. Communist police charged the group prepared sabotage and terror acts and maintained relations with the American organization Radio Free Europe "through an employe of a Western embassy in Prague." FLAG PROBLEM Ottawa, Oct. 26 (AP) Canada is still trying to come up with an official national flag. A pailiamentary committee studied zanski died in 1954 without leav ing a will. The Associated Press average of 60 stocks closed at $156.70, unchanged from the week before.

But volume soared to shares, the highest total since the week ended Oct. 1, 1955. That was the first week after President Eisenhower's heart attack. Outstanding highlights of the week were two days, Monday and Wednesday. On Monday, stocks took their worst dive since Sept.

26, 1955, the first trading session after the Eisenhower heart attack. On Wednesday, the market made its biggest one-day advance since Nov. 14, 1929. The latter was a day of temporary recovery following the blackest days of the '29 crash. This was a climactic week in the lone decline, now well into its fourth month, since the market reached its 1957 high on July 12.

The tremendous volume, the repeated series of late ticker tapes, the almost frenzied scale of selling and buying on the heaviest days these were the factors that spelled "climax" in the language of Wall Street, It was a climax to a long decline but what next? A strong recovery? A continued slide to new lows for the year? The word among financial analysts these days is that the market must "test" the lows reached this week. If it sinks through them, the market theory calls for a recovery of from a third to two thirds' of the ground lost since Julv 12. 2,695 designs and recommended a a low spot is encountered, a device on the hopper releases the collected dirt and fills in the low places. The machine, claimed by the senior Bethard to be unique' because it has no working parts, is Other defendants in the case are William Friedrich and Theodore E. Zahlcr, Chicago attorneys; James S.

Montana, a Probate Court judge red ensign with a gold maple leaf in a bordered background of white In lieu of flag, Canadians have POOR RABBIT HUNTING Schuyler, Va. (AP) been authorized to fly the red ensign that features both Canada's assistant; Joseph J. Lucania, a North Side undertaker, and Mrs. Helen Compell and her husband, Jsmes, of St. Petersburg, Fla.

transported to and from the field bv means 'of rubber tired wheels John Mayo thinks railroading is still a fine thing, but he deplores coat-of-arms and trie British Union Jack. the. fact that rabbit hunting isn which are taken off when it is in operation. The leveler also has a long roll TRUSTEE'S SALE OF REAL ESTATE On Saturday, November 9, 1937, at l(hbO A.M. at the North Door of the Court House In Decatur, Illinois, The Citizens National Bank of Decatur, as TYustee under the wills of Elmer E.

Gibson and Adella Gehrn. will sell at public auction, the Gibson farm lying southeast of Macon, in Macon County, Ill. described as follows: The Southwest Quarter of Section Fifteen (IS) and (he West Half (WH) of the Southeast Quarter (SE) of Section Fifteen (15), subject, however, tt a right of way 25 feet in width alone the East side thereof granted by conveyance recorded in Book 735 at Page 44 of tne Records in the Office of the Recorder of said Macon County, all of said premises being in Township Fourteen (14) North, Range Two (2) East of the Third P. containlre 235 acres, mora or less. TERMS OF SALE: 25 of purchase price, payable on day of sale and balance on delivery of deed.

Sold subject to 1957 taxes. Possession will be given March 1, 1958. Improvements consist of 2 story frame house, wash house, large barn, cattle shed. 4.000 bu. double coal and cob house, and garage.

House and barn wired for electricity. For further information inquire cf Trust Officer of the Citizens National Bank of Decatur, or its attoraevs. Vail, Mills 4c Armstrong, Citizens Building, Decatur. Illinois. Abstract is at Bank for examination.

HUBERT W. ELLIOTT, Anctoneer THE CITIZENS NATIONAL BANK DECATUR Trustee V4.IL. MILLS it ARMSTRONG, Attorneys Oct. 26 Staff A machine to level large areas of farm land, used like a gardener would use a rake in his backyard plot, is being manufactured in Taylorville by its inventors, a father and son. After two ylars of work, Ray Bethard and Ray Jr.

have had the new device, the Bcrmack Land Leveler. on the market for a year. The machine, towed by a tractor, is used by farmers to ensure a level stand of soybeans, corn, so that come harvesting the maximum amount is harvested no beans, for example, are left in deep furrows or water holes, inaccessible the harvesting machine. Its main part is a large scraper, set first bv hand and then rc- Mrs. Compell, who turned state's witness, testified she misrepresented herself as Rozanski's daughter and that she made a fraudulent claim to his estate.

er in the rear which tends to keep as good as it used to be. Mayo, retiring after 51 years on the Nelson and Albemarle railroad, owned by a stone company, savs Communist Party was illegal in Argentina in The declared 1936. the scraper blade at a constant level. The blade itself 'is set to depth by a hydraulic mechanism which, once set, remains automatically at a speci fic depth. The weighs 360 pounds and its also determines the.

price the em'omer must pay. A ma- chine with a 13-foot roller costs' maining at a constant level, which $690; an extra three feet costs! cuts down hills and collects the ex- $720. The entire machine is made and assembled at the Taylorville i cess dirt in a long hopper. As the leveler moves along and plant. Overhead Door -Concrete Floor -V Cut Drop Corner Siding Five Section Bracing ago.

Corn was down to 1 After that, they say, the burden of proof will be on the bulls as to whether the market is to continue its upward progress. They point out that ever since the all-time bull market high reached in April 1956, the general trend has been downward. The highs have never surpassed that April '56 high. The cent a bushel, oats unchanged to cr out. market ended the week all-even.

The astounding Wednesday ral- 1 Vs lower, rye was off 2 Vi to 4Vi cents, soybeans declined 3V4 to I'M cents, and lard finished 5 1 ilt was the biggest in 28 years the cents a hundred pounds to 40 lower. Livestock Market Chicago Livestock Ha 90I yo( mr Salable hogs No 1 and 2 200-220 lb butchers 16.75-17.00; No 2 and 3 200-260 lb 16.50-75; You Can1 Afford 'Not to Have A Garage Now! lb sows in a narrow price range oU5. Salable catde 100; prime 1035 Whtn Smiting 1441 lb steers 27.25-75; mixed choice and prime steers 25.50- 26.50; high good to average choice irIRON eYSTEfL SCRAP SUIL'CASI'JIN steers 22.50-25.00; standard to av Here's The Best In New Low Price! erage good steers 18.50-22.25; prime 1000-1125 lb heifers 25.00; mixed good and choice heifers 21.00-22.75; standard to low good grades 17.50-20.50; standard cows biggest since 11. hut mention of that tragic year brought an undercurrent of mumblings among investors and commentators. Any connection with the 1929 events is unwelcome in Wall Street.

The. resemblance between the current period and '29 is superficial. Grain Future's Follow Stock Market Decline Chicago, Oct. 26 (AP) International developments "and the stock market figured largely in the downturn of grain futures this week. Board of Trade commodities ended lower most of the trading sessions, reflecting easing of the Syrian crisis a sharp break in securities early in the week.

At midweek the securities market' staged an historic recovery and grains reacted favorably, closing higher Wednesday. By Thursday the Middle East situation had lost its potency as an immediate market factor and the still rising stock market had only a minor effect on the trade. As a result, most futures again declined. At the end of the trading week, the stock market was lower again but had little or no effect on grains. Except for corn, grains and soybeans finished steady to firm Friday.

As a result, wheat futures end METAtS COPPER BRASS 'ALUM IN UM BATTERIES HIDES RAGS Bring Your Scrap In for HIGHEST Mark't Prictt 16.00-18.00; commercial cows Here's High Qualify! Construction! At A NO. MONEY DOWN 60 MONTHS TO PAY This is a 20x20 ft. garage with boxed eaves, 2 windows and all the other qual ity features listeHl above. Workmanship is fullv guaranteed. Act at once.

14.50-16.00, utility cows 12.50 14.50; canners and cutters 10.50- i Mm 13.50; utility and commercial bulls 15.50-18.00; good and choice veal-ers 24.00-27.00; standard vealcn sold down to 19.00. llr Estimated livestock receipts for lows have been increasingly lower. No Special News There was no special news to send the market plummeting on Mondav but rather an accumulation of the same kind of doubtful news about business and die economy in general. There were further reports of cutbacks, and lav-offs which underlined Wall Street's concern about tight money. The steel industry's operating rate slipped below 80 per cent of capacity.

Stock prices, already relatively low for new investors or short-term traders, began to slip. Selling begat more selling. Despite the high margin, requirements for stock purchases, brokerage houses began sending out calls for more margin. In distress cases, this margin was not forthcoming and these "weak accounts" were cleaned out. On Tuesday a- vigorous carlv rally washed out by afternoon and prices slid off moderately, but it was a turbulent session with trading volume up to 5,090,000 shares, a two-year daily record.

President Eisenhower's speech that night in which he bade Americans banish "morbid pessimism" and announced his intention of making a series of affirmative speeches on the nation's economy, defense and scientific achievements was generally regarded as the turning point. The market rebounded. The Wednesday advance, greatest since '29, brought an estimated rise of $7,200,000,000 in the quoted value of stocks listed on the New York Stock Exchange. This wiped out the losses of the two preceding days. The "confidence factor" had been restored with a vengeance.

The slight continued rise of Thursday and the moderate de-dine of Friday cancelled each oth- Absolutely Complete To The Last Detail 541 AVf 5 5 Mondav: 12,000 hogs, 22,000 cat-'tle and 2,500 sheep. Stuck Duck Tulsa, Okla. (AP) It was a strange request for the Ik and Construction Co. Tulsa Fire Department aid for a drowning duck. TV II uut uie cau was answered to i F.

W. GAFFRON Ph. 8-5855 Quality Materials by LYON LUMBER CO. drain near Swan Lake, and firemen Dial 4271 ed the week to 2 cents 275 ACRES FOR SALE AT PUBLIC AUCTION found a ducklino stiirk in tli rmi) bushel lower than Friday a week! The duck was unstuck. Illilllllllllllllllllil flimilllllllllllllMIIIIIIII Iimilll lllllllllllllllllllhllHlilllUIIIIIIIIHIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIHIIIIIIIIIIIIIIII auction tha following de- The undersigned will sell at public scribed real estate: more why pay I or lenses frames complete all one price Worth of Fabulous of better frame atylei Lenses, individually precision ground to yoiir needs White or tinted lenses Single vision or Kryptok bifocal lenses One price only Bard top quality Bom All that part of tha South Half (SVtl cf tha Bvnthwast SW) fractional quarter of Section Six lying South of the right-of-way of the Chicago and Eastern Illinois Railroad, containing about 52 acre, and the Northwest fractional quarter of Section Scren (7), containing about 110 acres.

and the Southwest fractional quarter of Section Seven (7), all in Township Eleven (11) North, Range Two (2) East of the Third (3rd) Principal Meridian. Shelby County. Illinois, subject to oil. gas and other minerals previously reserved or conveyed, Located in Tower Hill Township, on the Christian-Shelby County line approximately two miles North of State Rout No. 16, en a food all-weather road, known as the HOBBS' LAVD, and approximately four miles Northeast of Pna.

Rich, productive land. Improved with a food noma, bami, cribs, chicken house, machine shed and garage. Abstract of Title furnished. Growing wheat will boeomt the property of the Buyer. POSSESSION BEFORE MARCH 1, 15.

TERMS OF SALE 25 cash' on day cf tale, balance en or before 30 days after sale. PLACE OF SALE SOUTH DOOR OF THE CITY HALL, In Pana, Illinois At 1:00 P.M. (C.S.T.) SATURDAY, NOVEMBER 16, 1957 MICHAEL PASTOR and JOE ORLANDI, TRUSTEES MALCOLM PRICE. AUCTIONEER INQUIRE OF: HAROLD BRO Attorney at Law, Broverman Building, Taylorville. Illinois, or CARL PREIHS, Attorney st Law, 304 East Seventh Street Fina, lit THIS IS AN OUTRIGHT SALE and ALL THIS LAND MUST GO.

Bard Otters Fast, Accurate, Low Cost Eyeglass Repairs' mm Imtr 1 tlom of nor Bknlelma I XI I i JtM7U fS.M. i frkve'ioprKnL em COPPER, BRASS, ALUMINUM AT HIGHEST PRICES SOL TICK 901 E. Eldorado "Decatur's Largest Scrap iron Yards" ANY TIME to tn time to witch to the "JRlla Wy" ftrr eater ra your lrra. mmm Eyefflusei dispensed on tlie prescription ol Dr. Richard I 316 N.

Water St. I Heuriin. Optometrist. cHometf OmPiueSjeqlassesl Phone 8-4511 Wmw CeleU ArrtealtnraJ gtrrlee ail CUUeni D-etmr. UL PHONE 9-3884 8erring Principal TJllnoU CiUes Since 1939.