I THE MICMIGAN DAILY SUNDAY, OCTOBER 27, 1957 STERN MICHIGAN HOMECOMING: Students Brave Snow, Wind By BART HUTHWAITE - _rey skies and freezing tem- atures yesterday -failed to dim stern Michigan College's home- ning enthusiasm. 3raving snow flurries and chil- winds, over 5,000 people lined silanti streets to view the color- homecoming parade. Floats, istructed by student organiza- ns, passed in review. >ne fraternity float, powered a tractor, depicted a giant bug vouring a Southern Illinois Uni- sity football player. Another empted to show the perils of outdoor privy. Outhouse Trouble 1 tobacco chewing farmer was ring trouble closing the ram- Lckle outhouse door. His moon-. ne drinking friend leaned Linst a nearby rock and gave pful advice. !rm of Honor, a local frater- y, took top prize in the frater- y class with their south sea ind float. A shivering native, --Daily-James MacKay WINNING FLOAT-"Showboat" took top honors in the women's dormitory division of the Eastern Michigan College parade yes- terday. The float was built by students from Downing Hall. Nancy Katchmark, rested on a palm tree-dotted beach. , Women's dormitory. h o n o r s went to Downing Hall for their float entitled "Showboat." A white - gloved minstrel singer smiled at the cheering students and alumni. Judge Floats Floats were judged on the ba- sis of beauty, humor, originality, theme and workmanship. Students worked far into the night, Friday, to put the finishing touches on their entries. The parade's climax came with the appearance of the Homecom- ing Queen's float. Flanked by her four member court, Gail Ponte waved to the approving crowd. Gail, a second semester sopho- more majorin gin physical educa- tion, was voted the honor by the college's male population. Her court included Shirley Sampier, Sara Symington, Barbara Young- erman and Marge Zizzi. Win Game An undefeated football team clashed with the Salukis of South- ern Illinois University during the afternoon and won. It was the 30th annual homecoming game for the Hurons of Eastern Michi- gan. The Hurons were considered a slight favorite before the crucial conference game. An estimated crowd of 4,000 cheering fans wit- nessed the annual event. Sparked by high scoring quar- terback Bill Ameel, the Hurons romped over the tough Southern Illinois team. At the sound of the final buzzer, the scoreboard read 21-7 in favor of Eastern Michigan College. Fourth Win It was the fourth win for the conference-leading team. Half-time was highlighted by, the introduction of the homecom- ing queen. White-helmeted ROTC cadets escorted the campus beau- ty-to her place of honor before the crowd. The queen's salute was fired by the precision ROTC team. Shivering slightly, Gail Ponte thanked the students for the high honor they had bestowed upon her. Then she retreated to the warmth of a coat and the stands. A homecoming dance in Mc- Kenny hall climaxed the week- end acair. Homecoming queen Gail Ponte was again introduced to the student body. Other homecoming festivities in- clude a snake dance to the col- lege fleldhouse. Led by cheerlead- ers and the schools marching band, students gathered for a pre-game pep rally. Tuesday Set For Concert ByMenuhin Yehudi Menuhin, violinist, will be featured in the third concert of the Choral Union Series at 8:30 p.m. Tuesday in Hill Auditorium. Menuhin, accompanied by Adolph Baller, will play "Sonata in G, Opus 13" by Grieg, "Partita in D Minor" by Bach, "Fantaisie Opus 159" by Schubert, "Dryades et Pan, from Mythes Opus 30" by Szymanowski, and "I Palpiti" by Paganini. The American - born violinist first appeared as soloist with the San Francisco Symphony Orches- tra at the age of eight years old and was then regarded as a child prodigy of the era. Menuhin is known as the fore- most interpreter of the violin music of Bach however he has launched many modern violin compositions. He made his first world tour in 1935, after which he retired from professional life for two years. In 1940 he resumed his career, appearing with many famous or- chestras. Since that time he has appeared in every continent and in many instances has been the first American artist to play in a country. During this past year Menuhin went behind the Iron Curtain for the second time, playing in Poland and Hungary. Civil Defense Tests Delayed In Local Area Proposed nation wide Civil De- fense tests of Conelrad emergency broadcasting facilities have been postponed, the Federal Civil De- fense Administration announced. The test, originally, scheduled for Nov. 4 has been divided into eight regional exercises conform- ing to the air defense divisions throughout the UnitedsStates. The area including Washtenaw county will be tested Jan. 13, 1958. All regular radio and television stations in the vicinity will either shut down for 30 minutes or broadcast on the Conelrad fre- quency of 640 or 1240 KC. By ED MOORE Associated Press Financial Writer NEW YORK-The stock market was all even by the end of this week after one of the most hectic five-day periods in histroy. The Associated Press average of 60 stocks closed at $156.70, un- changed from the week before. But volume soared to 20,804,199 shares, the highest total since the week ended Oct. 1, 1956. That was the first week after President Dwight D. Eisenhower's heart at- tack. Stocks Dive The 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 heart attack of President Eisen- hower. On Wednesday, the market made its biggest one-day advance since Dec. 14, 1929. Volume Rises The latter was a day of tem- porary recovery following the blackest days of the depression crash. This was a climatic week in the long decline, now well into its fourth month, since the market reached its highest point on July 12, 1957. The tremendous volume, the re- peated series of late ticker tapes, the almost frenzied scale of buying on the heaviest days-these were the factors that spelled climax in the language of WallStreet. It was a climax to a long decline -but what next? A strong re- covery? A continued decline slide to new lows for the year? Market Watched The word among financial ana- lysts these days is that the market must "test" the lows reached this week. If it sinks through time, the market is in for a continued de- cline; if it rebounds, then the prospects are good for a fairly sus- tained recovery. In this case, predictions call for a recovery of one-third to two- thirds of the ground lost since July 12. Trend Downward After that, they say, the burden of proof will be on the bulb~ as to whether the market is to continue its 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 lows have been increasingly lower. There was no special news to send the market plummeting on Club To Hear Prof. Ackley ' Prof. Gardner Ackley of the economics department will speak on "Economic Problems of Post- war Italy" at 8 p.m. tomorrow in the Rackham amphitheater. He recently returned from a year's stay in Italy on a Fulbright grant. Monday but rather an accumula- tion of the same kind of doubtful news about business and the econ- omy in general. There were further reports of cutbacks, "stretch-outs" and lay- offs which underlined Wall Street's concern about tight money. The steel industry's operating rates slipped below 80 per cent of capacity. Prices Slipped 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 mar- gin was not forthcoming and these "weak accounts" were cleaned out. On Tuesday a vigorous early rally washed-out by afternoon and prices slid off moderately, but it was a turbulent session with trad- ing volume up to 5,090,000 shares, a two-year daily record. President Dwight Eisenhower's speech that night in which he bade Americans 'banish "morbid pessi- mism" and announced his inten- tion of making a series of affirma- tive speeches on the nation's econ- omy, defense and scientific achievements was generally re- garded as the turning point. Rally Recalls 1929 The market rebounded. The as- tounding Wednesday rally was one for the history books. It was the biggest in 28 years-the biggest since '29. But mention of that tragic year brought an undercur- rent 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. Rave a WORLD of FUNI Tavel with fHITA L , Unbelievable Low Cost ~Earo e. 60 Days., ., frem $585 Oi'ient 43.65 Days ..d, from $998 Many tours inclue Ste. ~ college credit. SQ~x Also tow-cost trips to Moexie. $149 up,South America $699 up, Hawaii Study Tour $498 up and Around the World $1398 up. Ask Your Travel Agent 2t Var WO LDTRAVEL , INC. or Campus representative: MISS HELEN SARBEY Fletcher Hall University of Michigan ,; . ~ .. '}: : iti G : titi ' ' t ^ ; ;: %h. V 't,.:' 3i . r Xa . ic'4 . v>7 WALL STREET SHAKES: Stock Market Concludes Historically Hectic Week "CONSISTENTLY FINE!" --Times "AMAZING!"-- News "SUPERIOR ACTING!"-Post V i 11' it -Daily--James MacKay%. GAIL PONTE homecoming queen DAC Expands City Programs Ann Arbor's Dramatic Arts Cen- ter is presently exploring avenues for maintaining and expanding a dramatics programO Richard Rob- inson, president. of the group, noted yesterday. He said the group is now con- sidering full scale 'production of plays by amateur casts. Robinson also observed that thegroup's. Board of Directors hopes the pro- fessional theatre miay somn be re- established in a suitable home. Robinson explained that after the group was forded to leave its Masonic Temple quarters last spring, financial difficulties forced the group to close its professional theatre. Architect Wins Group Award Architect Alden B. Dow, design- er of the new Ann Arbor Public Library received an award yester- day from the Michigan Library Association. Dow, a former student of Frank Lloyd Wright, was cited "for the outstanding contribution he has made to architecture in general and library architecture in partic- ular." ,'- 'U' Students Travel Abroad; Study at Vienna Many University students await the day they will be able to trav- el abroad. Others dream of attending a foreign university at some future date. Richard Jasinski '60 and Arthur Simon '58 did both last year. Attending the University of Vi- enna under the auspices of the Institutene ofEuropean Studies, they observed Europe's education- al facilities and customs first hand. Sent by IES They were two of 60 IES spon- sored students traveling and studying abroad. Austrian families housed then Americans during their stay in Vienna. "For the first semester, we lived with a widowed Czechoslovakian refugee. Her home had no bath or hot water and our room was heat- ed by a coal-fired stove," Jasinski recalled. The students eat lunch and din- ner together at IFS headquarters in downtown Vienna but live with their Austrian hosts. Separate study facilities, classrooms and a library are available in an IES building that formerly was the home of a Hapsburg duke. Has No Campus "The University of Vienna has no campus as we think of one," Simon explained. "There is only one main building and no univer- sity dormitories for the students." Students show a great deal of respect for their professors, many of which are of the old nobility, Jasinski said. "The dean of the school was once a baron. My rid- ing instructress once claimed the title of 'baroness.' "When the professor enters the classroom or lecture hall, every- one rises to greet him. If the stu- dents liked the lecture very much, they show their approval by pounding their fists on the desks," Simon added . Organize Athletics Organized athletics are not sponsored by the university. Stu- dents wishing to participate in a sport band together and form their own competition. "There are social fraternities but they are quite different from the ones here at the University. The members meet in the neigh- borhood bar or any other avail- able place," Jasinski explained. "They have no fraternity houses." The pair had the opportunity of speaking with a few Hungarian students who took part in last year's revolt. "They didn't like to talk about the actual uprising," Jasinski said. Stress Hardship "But they did stress the hard- ships of the people under Com- munist rule. 'There is nothing to buy and nothing to buy it with' was the most frequent criticism," he added. Many IES students helped at the various refugee camps in Aus- tria. "Student groups, organized by the Austrian student body, spent several weeks at the camps," Simon comrriented. During the first four years that the IES has been in existence, about 400 United States students from 100 colleges and universities have participated in the program. Students pay approimately $1,-' 780 for the entire trip. All travel, including the boat trip from and to the United States ,tuition at the University of Vienna and room and board for the entire year is included in the fee. L. IL BE SHOCKED! This Thurs., Fri., Sat. By the "ELECTRIFYING" ."SPINE-TINGLI -N.Y. Daily News NGJ -Herald-Trib. A, p il "UN FORGETTABLE"-World Tel. sun "PLAY of SUBSTANCE"-N.Y. Times UI But don't you see, you save at /11//el SUPPER CLUB Sunday, Oct. 27 6:04 P.M. Members 75c 0 ;, I I A IIATF UL in LYDIA MENDELSSOHN THEATRE BOX OFFICE OPENS MONDAY, 10 A.M. oF RAINV t. , , ,! ! ,r , 1 t ! !' f A f, ; ,, , ,, . .a. ,, , R !, , X9&--O Reserve seats early I (.,I by MICHAEL V. GAZZO for this one! ANN ARBOR CIVIC THEATRE. .. DIRECTOR, TED HEUSEL -U This great suspense story starts TODAY C } ' 111 ' iJ DIAL NO 2-2513 t IRI ~~11 ' tn~11 11 ~l tal,1 wMM :"X".... : ?:"1. i::?.":: ... r ...::r :a:.:: :: A Cinetna(' dd TONIGHTat 8 "THE LADY VANISHES" . . . Premieres TODAY . . "ROLLICKING ENGLISH COMEDY! Frank Launder and Sidney Gilliat have done it again with 'The Green Man'. Crazy, incredible .. . flammable and fun!"-Bosley Crowther, N.Y. Times "A MASTERPIECE OF COMEDY... a joy to watch ... Alastair Sim is one of the funniest men in the public domain today, and this movie gives him total freedom. Brilliant!"-wm. K. Zinsser, Herald Tribune "DESERVES OUR THANKS!" -John McCarten, New Yorker .l , . t EXTRA... 2nd in our Series of Travel and Adventure Films - "AROUND THE WORLD IN TEN WEEKS" 1t°T'1 i t*1 F. ON, i