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September 22, 1965 - Image 6

Resource type:
The Michigan Daily, 1965-09-22

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;. y .

ow is a good time
to order your Christmas
cards Avoid the rush in
November, and select your
cards at your leisure.
Phone NO 8-6779 0 601 East Liberty '
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Heavy Market Trading
Spurs Small Investor

The Daily Official Bulletin is an
official publication of the Univer-
sity of Michigan, for which The
Michigan Daily assumes no editor-
ial responsibility. Notices should be
sent in TYPEWRITTEN form to
Room 3564 Administration Bldg. be-
fore 2 p.m. of the day preceding
publication, and by 2 p.m. Friday
for Saturday and Sunday. General
Notices may be published a maxi-
mum of two times on request; Day
Calendar items appear once only.
Student organization notices are not
accepted for publication.
Day Calendar
Conference on Cellular Plastics in
Construction-Registration, Rackham
Bldlg., 8 a.m.
Advanced Firemanship Training Pro-
gram-Civil Defense and Disaster Train-
ing Center, 8:30 a.m.
Office of Religious Affairs Luncheon
Book Discussion7-George A. White, "A
New China Policy," Americans Friends
Service Committee Publication: Con-
ference Room 2, Michigan League, 12
College of Engineering Computer Lee-




Read and Use Daily Classiried Ads

ture-Brice Carnahan, departments of
chemical engineering and biostatistics,
"Digital Computation and the MAD
Language": Natural Science Aud,, 7:30
Dept. of Psychiatry University Lecture
-George E. Ruff, M.D., University of
Pennsylvania School of Medicine and
psychiatrist, Project Mercury, "Psychi-
atric Aspects of Space Flight": Major
Conference Room, 8:20 p.m., Universi-
ty Hospital.
General Notices
Admission Test for Graduate Study
in Business: Application blanks for the
Admission Test for Graduate Study in
Business are available in 122 Rackham
Bldg. The next administration of the
test will be on Sat., Nov. 6, and ap-
plications must be received'Jin Prince-
ton, N.J., by Oct. 23.
Botany Seminar: Dr. Estella B. Leo-
bold will speak on "Aspects of Pollen
Rain in the Mohave Desert in Cali-
fornia," Wed., Sept. 22, 4:15 p.m., 1139
Natural Science. Tea will be served at
4 p.m.
Engineering Placement Meeting: "Em-
ployment Negotiations." Principles for
effective employment interviewing,
plant visits, correspondence, etc. Pri-
marily for seniors and graduate stu-
dents, but open to all interested.
Prof. J. G. Young, Sept. 22, 4 p.m., 311
West Engineering Bldg.
NSF Summer Fellowships for Teach-
ing Assistants: Applications are now1
available in the Graduate School Fel-
lowship Office, Room 110, Rackham
Doctoral Examination for Grace Ann
Preston, Psychology; thesis: "Parental
Role Perceptions and Identification in
Adolescent Girls," Thurs., Sept. 23,

1524 Admin. Bldg. ,at
R. W. Heyns.

Student Government Council Approval
of the following student-sponsored
events becomes effective 24 hours after
the publication of this notice. All
publicity for these events must be
withheld until the approval has become
Approval request forms for student
sponsored events are available in Room
1011 of the SAB.
Vulcans Honorary, Initiation cere-
mony, Sept. 24, 12 noon, Diag.
of Appointments-Seniors & grad stu-
dents, please call 764-7460 for appoint-
ments with the following:
TUES., SEPT. 28--
McGraw-Hill Book Co., N.Y.C.-BA or
MA any field for position as College
traveler. Promote, scout for new books,
act as liaison between publisher &
academic world.
John Hancock Mutual Life Insurane
Co., Detroit-Degrees in Gen. Lib. Arts,
Philos., Psych., Speech, & Bus. Ad. for
Insurance Sales (p.m. only).
WED., SEPT. 29--
U.S. Air Fore, Wash., D.C.-BA or MA
in any field for Officer Training School.
Men and women.
The Travelers Insurance Co., Hartford,
Conn.-Degree any field, esp. Math for
positions in Mgmt. Trng., Personnel,
Sales (territorial & inside), home of-
fice & Actuary Trainees.
*-Pittsburgh National Bank, Pitts.,
Pa.-Dec. grads, degree in Econ. for
Mgmt. Trng. program. Men & women.
/FRI., OCT. 1-
Federal Power Comm., Wash., D.C. =
Degrees in Econ., Geol., Acctg., & Sec-
retarial Admin. oWrk dealing with reg-
ulation of electric power & naturalrgas
industries. Men & women.
**-Northern Illinois Gas Co., Aurora,
III.-BS Math, Econ., Chem. & Journ.
for Elec. Computing, Mgmt. Trng,, Mkt.
Res., Statistics, Writing & Utility Opera-
* * *
*-For appointments contact Bus. Ad-
min. Placement Office, 254 Bus. Ad.
**-For appointments contact Bus.
Admin. Placement' Office or Engrg.
Placement Office, 128-H, W. Engrg.
Abbott Labs., North Chicago, Ill--
Various openings including 1. Manager
-Mktg. Res., BS Chem. or Ch. Engrg.
plus' MBA mktg. 5 yrs. exper. Much
travel. 2. Technical writer. Degree in
Chem. or Ch. Engrg. Some exper. pref.
Up to age 30. 3. Pricing Specialist, BS,
acctg. bkgd. Some exper. In pricing or
international trade. 4. Accountant, BA,
acctg. major. 2-4 yrs. acctg. exper. Also

3 p.m. Chairman,1

Systems Analyst, Programmer, Patent
Attorney, etc.
City of Milwaukee, Wis.-Arch. De-
signer. Degree in Arch., or 6 yrs. ex-
per. or equiv. comb. educ. & exper. In-
cludes detailing, drafting, etc. for re-
modeling & new construction, write
specs, for construction, etc.
For furtherinformation, please call
764-7460, General Div., Bureau of Ap-
pointments, 3200 SAB.
The following Michigan schools -have
vacancies for the present school semes-
Berkley-J.H. Drafting.
Grosse Pointe-Psychologist, Visiting
Teacher, Speech Correctionist, Remedial
Hastings-1st Grade, 2nd Grade, Later
Elem., Vocal Music, Speech Correction-
Oscoda - J.H.-Reading, Engl., Soc.
Stud., Librarian, Counselor.
Trenton-Elem. Ed., Elem. Spec. Ed.
(Type A), Speech Correction, Remedial
Reading, Visiting 'reacher, Teacher of
Wayne-Full or part time High Sch.
d Arts (Auto/Metals/Wood),
' For additional information contact
the Bureau of Appointments, Educ.
Div., 3200 SAB, 764-7462.
Part-Titne ,
The following part-time jobs are
available. Application for these jobs
can be made in the Part-Time Em-
ployment Office, 2200 SAB, during the
following hours: Monday through Fri
day. 8 a.m. until 12 noon and 1:30
until 5 p.m.
Employers desirous of hiring stu-
dents for part-time or full-time tem-
porary work, should contact Robert
Parker, part-time interviewer, at 764-
Students desiring miscellaneous odc'
jobs should consult the bulletin
board in Room 2200, daily.
There are several positions avail-
able to students in Residence Halls
for part-time food service jobs such as:
bussing, dishwashing, counter work,
etc. $1.25/hr.-meals optional.
There are also positions available
to those qualified to do general of-
fice work, sales! work, manual labor,
etc. In the scientific area there are
several positions open for Lab As-
sistants with physics, biology and chein-
istry backgrounds and technical open-
ings for those with engineering and/or
math backgrounds.
Hours are very flexible with most
positions, but those with 3 and 4 hour
blocks free are -needed 'in some. Pay
rates nrage from $1.25 per hour to $2.27
per hour with most positions in the
$1.50 per hour area.

Associated Press Business News Analyst
NEW YORK 0P)-Heavy trading
volume captures the attention of
Wall Street as/much as does the
climb in stock prices. Is the little
fellow coming back into the mar-
Seven million share days and
'six million share days have come
along frequently so far this month.
Mostly they accompany, a spurt
in prices. The public traditionally
is attracted to the market when
prices are soaring. It's the pro
who knows how to make money
when prices are sliding.
Also, the biggest price advances
of late usually have been made
by those favorites of the little
fellow, the growth stocks, rather
than the more staid blue chip in-
vestment issues.
The latter, too, have made some
striking gains. The Dow-Jones in-
dex of 30 industrial stocks has
risen 39 points in the last four
weeks-from 889.92 Friday, Aug.
20 to 928.99 last Friday. This is a
rise of 4.3 per cent. Many growth
industry stocks have risen much
more than that.
Wall Street has a good crop of
ideas as to why the little fellow
might be back buying. As usual,
it also hands out a list of reasons
why traders should be cautious
just now and look before they
One reason that the exuberant-
minded may have been bidding up
prices is that the larger war in
Viet Nam should mean fatter or-
ders for many American pro-
ducers of goods and services the
military will be needing.
Another spur to the market is
that many companies have been
reporting much larger profits than
expected. This might have been
more of a surprise to small in-
vestors than to the professionals.
Some trace the heavy trading
volume to the general feeling of
confidence that has built up since
Labor Day because the traditional
summer slump in industry didn't
come along this year.
Brokers also point out that the
public is better heeled this fall


317 S. Main St.


Ann Arbor, Michigan
ART MATERIALS--complete line of r
PRINTS-large assorted selection
FRAMES-over 500 in stock priced
from 99c to $6.99 each
MOULDINGS-Over 250 to select
from in both finished
and unfinished form

...........:g". :."::::...." ..................................................... .:::............"."..,.................... .. ,
: s :

than ever. Personal income totals
now run at a record $531.6 billion
annual clip. More people are em-
ployed and many pay scales are
higher. This means that more per-
sonshave more money they can
invest after paying for the es-
sentials of living.
Rising trading volume also in-
creases the flow of the words of
Brokers point out the uncertain-
ties, especially as to what Red
China might do. War threats do
not stimulate production of civil-
ian goods and services as they do
military hardware.,
The world's monetary problems
are coming to the fore as finan-
cial leaders of the non-Communist
world meet in Washington later
this month. The U.S. balance of
payments deficit has been licked,
for the moment.
But many feel this can't last
because the current favorable
showing is based on voluntary
restraint by American business and
banks in making Investments and
loans abroad while the basic prob-
lem of the big outflow of dollars
hasn't really. been solved.
The British pound has been bol-
stered once more by the other big
financial powers, except France.
But here again, this may prove
to be a temporary reprieve. Brit-
ain's basic trade and economic
problems are yet to be solved.
The long business upswing in
the United States looks as healthy
as ever. But Wall Streeters point
out that traditionally economic
weaknesses are visible, especially
to the public, only after the econ-
omy has started to turn down.
These words of caution are
mostly drowned out just now by
the clamor of heavy trading in a
market where more stocks have
been advancing in price than de-
Use of This Column for Annouee-
ments is available to officially gecog
nized and registered student organiza-
tions only. Forms are available 1n Room
1011 SAB.
Cervantes Club, Organizational meet-
ing, Sept. 23, 8 p.m., Michigan Union,
Room 3Z.
Lutheran Student Chapel, Hill St. at
Forest Ave., Vespers, Wed., Sept. 22,
10 p.m.
Newman Student Association, Wed.,
Sept. 22, graduate community mass and
supper,.5 p.m., 331 Thompson.
Peace Corps Vets, Organization meet-
ing. Former PCV's invited to attend
organization meeting, Thurs., Sept. 23,
International Center at 7:30 p.m If
interested and not able to attend',
please call 764-9314 and leave name
with secretary.
a* *e
Tutorial and Cultural Relations Proj-
ect, Orientation meeting, Thurs., Sept.
23, 7:30 p.m., In Room 3KLW of the
Union, Topic: Meeting your tutee.
* * *
University Lutheran Chapel, Wednes-
day evening devotion, 10 p.m. Commun-
ion to be celebrated, 1511 Washtenaw.
Voice, Voice Viet Nam Committee
open meeting, Sept. 22, 7:30 p.m., Mich-
igan Union, Room 3-.
Young Republicans, Discussion of
constitutional revision, Sept. 22, 2 to
3:30 p.m., 2535 SAB. All members wel-
for information call

Tickets are available
at Travel, Bureaus or
the Michigan Union


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