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September 26, 1965 - Image 2

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The Michigan Daily, 1965-09-26

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PAGE TWO

THE MICHIGAN DAILY

SUNDAY, SEPTEMBER 26,:1965

PAGE TWO TIlE MICHIGAN DAILY SUNDAY. SEPTE~ER 26,4965

Prosperity Spurs

Wall Street Trading Rush

Across Campus

F

By The Associated Press
NEW YORK-A stock trading
rush is on in Wall Street. People
bought nearly 41 million shares
last week.
A prime motivation for many
buyers, aparently, is all the talk
that today's prosperity is sure to
get even better. Auto men talk of
a nine-million car year. Steel is
doing better after its labor settle-
ment than most people had
thought possible. Employment is
at a record high. So are incomes.
and spending. Popular stock price
averages have closed higher week
after week.

So the trading volume on the
New York Stock Exchange is run-
ning far ahead of this time a year
ago.
In the last five weeks 157,223,000
shares changed hands, compared
with 116,883,000 in the like period
of 1964.
The daily quota of news in re-
cent weeks has been an effective
stimulant. The current business
upswing is in its 55th month, a
peacetime record. The spring and
summer months were better than
first predicted. Corporate profits
are proving larger than many

hoped. The public seems convinced
they are still climbing.
The Viet Nam war leads in-
vestors to believe many companies
will prosper from increased de-
fense spending. Also they feel that
the plans for the Great Society
mean that increased government
spending will tend to keep pros-
perity rolling on.
Brokers say that some investors,
especially the smaller ones, are
seeking stocks as a hedge against
the inflation they suspect may be
on the way. Stock prices are sup-

posed to rise as the purchasing
power of the dollar declines. High-
er prices for the products show
up as increased profits for some
companies and therefore inspire
higher prices for their stocks.
But others, brokers say, figure
just the opposite. They consider
inflation to be unlikely because
the economic upswing is soundly
based. So they do not fear the
bust that invariably follows an
inflation-inspired boom. They can
cite statements by many govern-
ment officials to that effect and

also by most corporate economists.
Wall street notes, too, that more
people than ever before are in a
position now to dabble in stocks
if they like. Disposable income
after taking care of the neces-
sities has never been so large.
More people are taking an interest
in business and finance and are
more knowledgeable about invest-
ments in general, and individual
companies in particular.
Who is selling the stocks that
are gobbled up each day? Brokers
say that some sellers are those

who are convinced that any busi-
ness upswing must end some time
and are willing to sell and take
their profits now. Others are wary
of the world uncertainties, politi-
cal and military and monetary,
that could change the general
outlook over night.
Brokers say there are always
contrary-minded traders who
grow wary when too many people
seem to jump on the bandwagon
and preach endless prosperity.
They sell because they think the
majority is usually wrong.

SUNDAY, SEPT. 26 '
2 p.m.-Challenge presents Buck-
minister Fuller speaking on "The
Great Society: The Technological
Frontier" in the Union Ballroom.
7 p.m.-A panel of students
from Latin America will discuss
"The Latin American Revolution"
in the French room of the Pres-
byterian Campus Center at 1432
Washtenaw.
7 and 9 p.m. - The Cinema
Guild presents "The Balcony" in
the Architecture Aud.
* 8 p.m.-Ann Arbor CORE, in
cooperation with the Newman
Student Association will present
a folk sing at the Gabrial Richard
Center, St. Mary's Chapel, 331
Thompson St.
TUESDAY, SEPT. 28
7:30 p.m.-A mass meeting for
the Association for the Interna-

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DAILY OFFICIAL BULLETIN

3077 E. Engin.
7 p.m.-The Washtenaw County
Red Cross Red Cross will offer the
first of two adult swim sessions
at the Willow Run High School
pool.
7:30 pm.-Brice Carnahan of
the Departments of Chemical En-
gineering and Biostatistics will
give a Department of Engineering
Lecture on "Digital Computation
and the MAD Language" in the
Nat. Sci. Aud.
8 p.m.-The Professional Thea-
tre Program presents the APA
company in "You Can't 'Take It
with You" at the Mendelssohn
Theater.
THURSDAY, SEPT.n30
7 and 9 p.m.-- The Cinema
Guild presents "The Earrings of
Mme. de X" in the Architecture
Aud.
8 p.m.-The Professional Thea-
tre Program presents the APA
company in "You Can't Take It
with You" at the Mendelssohn
Theater.
FRIDAY, OCT. 1
7 and 9 p.m. - The Cinema
Guild presents "The, Earrings of
Mme. de X" in the Architecture
Aud.
8 p.m.-The Professional Thea-
tre Program presents the APA
company in "You Can't Take It
with You" at the Mendelssohn
Theater.

Sunday, September 26
"THE LATIN AMERICAN
REVOLUTION"
Panel of Students from Latin America

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Presbyterian Campus Center
1432 Washtenaw Avenue

French Room
7:00 P.M.

ALL STUDENTS WELCOME

1 1
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GENETI M S
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RUBY DEE
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AMISYN EETY CENTS
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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.
SUNDAY, SEPTEMBER 26
Day Calendar
Cinema Guild-"School for Scound-
rels": Architecture Aud., 7 and 9 p.m.
Events Monday
Engineering Mechanics Seminar -j
Wei-Hsuin Yang, "Elastic-Plastic Solu-
tions of a Cracked Plate under Ten-
sion": 325 West Engineering, 4 p.m.
School of Music Recital - Student
Brass Quintet: Recital Hall, School of
Music, 7 p.m.
General Notices
Engineering Mechanics Seminar: Mon.,
Sept. 27, 4 p.m., Room 325 West Engi-
neering Bldg. Dr. Wei-Hsuin Yang will
speak on "Elastic-Plastic Solutions of
a Cracked Plate under tension."'
Coffee will be served at 3:30 p.m.
in Room 214 West Engineering.
Fall Term Fees: At least 50 per cent
is due and payable on or before Sept.
30, 1965.
Non-payment of at least 50 per cent
by Sept. 30 will result in the assess-
ment of a delinquent penalty of $5r
Payments may be made in person

Sept. 27, 3200 Angell Hall, at 2 p.m. (!
Chairman, W. A. Ericson.; University Faculty and Staff Meeting: For further information, please call
President Hatcher will give his annual! 764-7460. General Div., Bureau of Ap-
Medical College Admissian Test: Ap- address to the faculty and staff on pointments, 3200 SAB.
plication blanks for the Medical Col- Monday evening, Oct. 4, at 8 p.m., in E
1ege Admission Test are available in the Rackham Lecture Hall. All staff ENGINEERING PLACEMENT INTER
122 Rackham Bldg. The next admin- members and their wives are invited. VIEWS-Seniors & grad students, please
istration of. the test will be on Sat.. The five Distinguished Faculty Achieve- sign schedule posted at 128-H West
Oct. 23, and applications must be re- ment Awards and the six Distinguished Engrg
ceived in New York, N.Y., by Oct. 8. Service Awards for Instructors and As- THURS., SEPT. 30--
sistant Professors will be presented at A ericanEl Eectric Power Sys., nd.
National Teacher Examinations: Can- this meeting. A reception will be held & Mich. Electric Co., Fort Wayne, Mar-
didates taking the National Teacher in the Michigan League Ballroom im- ion, Muncie, South Bend, Lawrenceburg
Examination on Sat., Oct. 2, are 're- mediately after the conclusion of the & Sullivan, Ind.: Benton Harbor, Mich.
quested to report to Aud. B, Angell meeting. -BS: CE, EE & ME. Sales & Appdic.
Hall at 8:30 Saturday morning. Avco Corp., Lycoing Div., Stratford,
All Students in the School of Educa Conn.-Any Degree: EM, Mat'is., ME
.x mc Mt. R BSOM. " C.hE ( C.mhm b1l 1

Reformation" by John A. T. Rob-
inson in Rm. 2 of the League.
4 p.m.-Sally Lyman Allen of
the Department of 'Zoology will

or mailed to the Cashier's Office, 1015 John Eibler, Education; thesis: "A min. Placement Office, 254 Bus. Ad. tional Exchange of Students in
Administration Bldg., before 4:30 p.m., , Comparison of the Relationships be- Bldg. Economics and Commerce will be
Thurs., Sept. 30. tween Certain Aspects or Characteristicsh
Mail Early of the Structure of the High School POSITION OPENINGS: held in Rm. 130 Bus. Ad. Bldg.
Faculty and the Amount of Curricu- U.S. Civil Service Comm., Chicago- 7:30 p.m.-The Art in the Amer-
Mail payments postmarked after due hum Innovation," Mon., Sept. 27, 3203 Various openings including Engrs., Sta- icas Lecture will focus on "The
date, Sept. 30, are late and subject to UHS, at 1:30 p.m. Chairman, S. E. Di- I tisticians, Physicist, Mgmt. Analyst,
penalty.. mond. Regist. Nurse, Psychologist, Social Young Republic Faces Two Direc-
Identify mail payments as tuition Workers, Physical Therapist, etc. Posi- tions" in the Rackham Amphi-
and show student number and name. Engineering Placement Meeting: "In- tions located in Ill., Ind., Ky., Mich., theater. ,
terviewing Worshop." Playback of re- F Ohio & Wis. WEDNESDAY, SEPT. 29'
Doctoral Examination for James corded live interview with discussion A. J. Sparks & Co., Grand Rapids,
Mills Dickey, \ Mathematics; thesis: based on the principles of the preced- Mich.-Bus. Admin. grad with sales Noon-David L. Reuther will
"Bayesian Statistical Inference for Mul- ing meeting. Prof. J. G. Young, Sept. 27, ability. Excellent opportunity for ad- lead on Office of Religious Affairs
tivariate Location Parameters." Mon., 4 p.m., 311 West Engineering Bldg. vancement. I Book Discussion on "The New

lead a Department of Zoology SATURDAY, OCT. 2
Seminar on "Epigenetic Variations 8 p.m.-The Professional Thea-
in Enzymes of Tetrahymena" in tre Program presents the APA
Rm. 231 Angell. . company in "You Can't 'fake It
7 p.m.-The Michigan Technic' with You" at the Mendelssohn
will have a mass meeting in Rm. jITheater.

'4

All Present and Former Woodrow
Wilson Fellows: You are invited to a
reception for Woodrow Wilson Fellows
at the University of Michigan, 4 p.m.,
Tues., Sept. 28, West Conference Room,
Horace R. Rackham School of Gradu-
ate Studies. Fellows' wives and hus-
bands are welcome.
Student Tea at the home of President
and Mrs. Harlan Hatcher on Wed., Sept.
29, from 4-6 p.m. All students are cor-
dially invited.
Flu Shots: The first "flu shot" clinic
for this fall will be held at the Health
Service, Wed., Sept. 29 from 8-11:30
a.m. and 1-4:30 p.m. The charge is $1
for students and $1.50 for faculty, staff
and spouses.
Doctoral Examination for Herbertj

e. -M: : -( om ust on),
tion (Undergraduate): Preclassification CE-Aircraft Stress), Aero & Astro.
for the Winter Term will start on Oc- MS-PhD: Info. & Controls. BS: E Math,
tober 4th and end on December 10th. E Physics. Prof.: Applied Mech. R. &
The material may be obtained in Room D: d Des.
1431 University School beginning on t Chrysler Corp., Detroit (Mainly) -
October 4 Any Degree: ChE, CE, EE, ME &
Oort ___Meteor. & Ocean. BS: E Physics, IE.
Placement R. & D. & Des.
Prestolite Co., Toledo, Ohio--BS-MS:

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To readers and admirers of "The Fountainhead,"
"Atlas Shrugged" and "For the New Intellectual"
Enrollment is now open for, the
NATHANIEL BRANDEN
lectures on basic principles of
OBJECT VISM
the philosophy of
AYNi
BMAND
and its application to psychology
For a descriptive brochure, please write or
phone the local business representative of
NATHANIEL BRANDEN INSTITUTE
Irving J. Ralph-2635 W. Delhi Rd.
Ann Arbor, Mich. 48103 NO 3-3205

PLACEMENT INTERVIEWS: Bureau
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 Insuranc
Co., Detroit-Degrees in Gen. Lib. Arts,
Philos., Psych,, Speech, & Bus. Ad. for
Insurance Sales (pm.only).
WED., SEPT. 29-
U.S. Air Forc, 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-
fie & Actuary Trainees.
*;-Pfttsburgh National Bank, Pitts.,
Pa--Dec. -grads, degree in Econ. for
Mgmt, Trng. program. Men & women,
*-For appointments contact Bus. Ad
Ph 483-4680
EttncaOa. CARPENTER ROAD

EE &g ME. BS : Ch1E. R. & D., Des.
DIAL 8-6416
3rd WEEK

ECHNIOW[R
ur~rrED a lisTS
NOW!

AT TH E
STATE

Shows at
1:00-3:00-5:00
7:00 and 9:05

)

i

r

ov

Dial 5-6290

"DEVASTATING!
BLISTERING!
SLASHING!"
-New York Times

"A MOVIE THAT YOU SHOULD
NOT MISS! -JUDITH CRIST-on NBC-TV "TODAY" show

HOM ECOMING
GGO GIR

Box Office Open from 6:30 to 10
NOW SHOWING
A CARLO PONiI
1CO DE
NAME:
~j4 ~ OPERATION
Shown ot 9:35 Only

COLUMBIA PICTURES
WILLIAM
W YLER l
the collector
---NEXT--
"TH E
PAWNBROKER"

a powerful ad beld mothm. plire..
made by adults...with Maults...for adults?
Shows at 1, 3, 5, 7 and 9:10 P.m.

1"

II

TRYOUTS I

1

11

1

* GIRLS, i people stare admiringly at you when.
you dance at parties and TGs, if your figure is
phenomenal, or if you just really enjoy dancing
like the Shindig and Hullabaloo girls, don't miss
your chance! " When you appear on the Dance
Float in the Homecoming, Parade Friday after-
noon, October 15, and lead the crowd in danc-
ing to The Four Tops at the dance in the IM:
Building that evening, you'll be glad you made
the grade.

I

Shown at 7:25
PLUS 2 CARTOONS

FRESHMEN
INTERESTED IN STUDENT GOVERNMENY?
BE ACTIVE IN SGC

1

i

I

I

Interested in Public Relations?
JOIN the Student Government Council's

Ii

FOR INFORMATION PLEASE CONTACT SGC PERSONNEL DIRECTOR
WE SEEK ALL INTERESTED PEOPLE

TUESDAY, SEPTEMBER 28

PUBLIC RELATIONS BOARD
GENERAL MEETING Sept. 26

1542 SAB

STUDENT GOVERNMENT COUNCIL

663-0553

'I

7:00 P..

SGC offices SAB

.4 P.M.

THE UNION, ROOM3 R & S

DO THE MONKEY, THE WATUSI, THE JERK,
THE PONY, THE FRUG, THE STOMP, THE
SLOP, THE BOP, THE MASHED POTATOES, THE
VIRGINIA REEL,-.

WHY

SIGC?

WOULD YOU LIKE TO READ
1000 to 2000 WORDS A MINUTE
WITH FULL COMPREHENSION AND RETENTION
EASE PRESSURE-SAVE TIME-IMPROVE CONCENTRATION
You can read 150-200 pages an hour using the ACCELERATED READING method.
You'll learn to comprehend at speeds of 1,000 2,000. words a minute, And retention Is
excellent.
This is NOT a skimming method; you definitely read every word.
You can apply the ACCELERATED READING method to textbooks and factual morerial
as well as to literature and fiction. The author's style is not lost when you read at these
speeds. In fact, your accuracy and enjoyment in reading will be increased.
Consider what this new reading ability will enable you to accomplish-in your required
reading and in the additional reading you will want to do.
No machines, projectors, or apparatus are used in learning the ACCELERATED
READING method. In this way the reader avoids developing any dependence upon external
equipment in reading.

1

1

nUMvn65

BECAUSE WE BELIEVE THAT SGC IS GOING
TO GET THINGS DONE THIS YEAR!
RIGHT NOW WE ARE INVOLVED IN A DYNAMIC ATTEMPT TO REVITALIZE AND

An afternoon class and an evening class in ACCELERATED READING will be taught
each TUESDAY adjacent to the U. of M. Campus beginning on October 12.
Be our guest at a 30-minute public demonstration of the ACCELERATED READING

11 1_11 .. :.. . .... ui ;.77, 111' -

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