davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08

lAkCHlTECT REGISTRATION not neceS-
saryl, requirements are degree in
architecture. plus 2-3 years ex-
perience or equivalent experience
must be able to handle all rhases
of building projects, from design
through contracting. Send COM
plete resume, including salary his
tory to Employment once. CAPT.
TAI AIRLINES, Washington Ma
tional Airport. Wash. /. D. c.
ASST. ART DIRECTOR. commercial
art training, plus 2-3 years ad-
vertising agency experience desir-
able; good personality ard con-
tact skills essential. CAPITAL AIR
LINES, Washington National Aif-
port phone RE. 7-6S30 Ext. Az,
for appointment.
ASSISTANT MANAGER, hardware
store; excel. salary and working
conditions. Apply ANNANDALE
HARDWARE a SUPPLY CO., An
Mandate, Va. CT. $1,000.
ASSISTANT OFFICE MANAGER.
white, under 30, bookkeeping
knowledse helpful: good health and
pleasing personality importort
Apply 1926 21st NV. HU, 3-5432.
Asst. office Manager
One of Washington's largest auto
mobile dealers desires person cap
able Of assuming responsibility
and assisting office manager with
the accounting duties In a volume
operation. Please submit complete
resume of employment record and
list personal references. This posi-
ton is permanent with many COM
pany benefits and offers excep-
tioDaI opportunity for advance
ment to qualified person. Salary
commensurate with ability and
experience. All replies held in
strict confidence. Our employees
know Of this sd. Box JESS. Star.
ASST. SHOP FOREMAN
With exper. in general machine
shop work. Good opportunity with
fast growing company. Salary
open. Do not phone. Apply in per-
son TECFAB, INC, 10000 Hanna
ST., Beltsville, Md
AUTOMOBILE MECHANIC = 5s-
day yk.; fat salary: GORDON
MOTORS, Clinton. Nd. cY. e
AUTOMOBILE MECHANICS, expert
enced only: modern shop: twin
post lift. 5000. paid vacations.
Apply in person ANDERSON r.
BucKER. 3206 Lee highway,
Arl Va.
AUTO Northumberland Motors
exper. preferred: salary. all com
peny benefits. PAGE-HUGHFS
BUICK, INC, 1921 Arlington blvd,
Falls Church, Va. Call Mr.. ESTEP,
JE. $4,000
AUTO MECHANICS-f2) Chevrolet
experience preferred. 70 start
work Immediately Plenty Of work
for the right men who know ON
products. $3.50 pay plan plus ell
COMPANY benefits Apply IN person
to PAUL WILHELM service man
ager. 1899 Esst-West Hwy. Sill
yer Spring. Nd.
AUTO MECHANICS-Ford expert
ence preferred. LARGE suburban
Ford dealerShiu: paid vacation and
holidays Applv Mr. Shulfz NOM
ROE FORD CO.. 1897 Esst-Wesf
halfway. Silver Spring. Nd. 10.
5-Ts0d
AUTO MRCHANlCs-Exper, in ZEN
eral reuair work. must have own
tools. Apply ESQ CLINIC. Fair
fax circle, Fairfax, Va. CIR. !
3-2e92.
AUTO MECHANIC. must Be exper..
reliable. steady. have tools. Pref
srsoly ore that lives in Va; for
Nirginia branch, CAR MOTOR
REBUILDERS, 1902 ". Quincy 4.
St. Cherrydals. II. 4-7777.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08
- NATIONAL "A. n L'''''
Employment Service
Washingten's Largest Agency

Cas-. ms. exper., no fee S.. 200
Dental Supplies, to 30. $500 plus
Business Machines. 22-3O - 800
Tires. hudeet 25-35 S4, 800
Food, car furn., 22-35 = $4,000
College textbooks, $500, reloc.,
N. Y. City, Fla. Illinois 81 SOC
Bldg. Materials, trainees, 22.2S;a
car tur1. ~, 6VU
Once Supplies, deg. 22-35--$4,2O0
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08
BOYS! 1!
WHITE

Happy days, come one, come all
FERET, RIM. 400, 724 9th st. NV
BRICK LAYERS, tst-class only;
1913 per hr. Plenty work. RA
6-4930.
BRICKLAYERS, 1915 an hr. Re.
port to WASHINGTON ESTATES
Kipling pkwy., District Hts, Md
BRICKLAYERS, LIST class; TOP
wages, Call WE, 5-2622.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08
HELP MEN

AUTO PARTS CLERK AND DRIv.
Err, white. exper. not necessary
company benefits See Bob Smith
sT SIAM ARD Po GS'rIA 80. Ti2S Bal
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08
CAREER
OPPORTUNITY

Lifetime opportunity in auto
mobile finance business. Leader IL
this field is looking for q younG
man with initiative, intelligence
and a keen desire Of reaching thu
top. Applicant should be between
% and rs with a minimum Of 1
high school education Good start.
ing salary and all modern com.
pany benefits. Call Mr. Collins al
RE. 1850 for appointment.
CARPENTERS, trim. rough. etc.
hrst class. Report Mr. DODSON
Mclean Estates, Virginia. Tel.
CARPENTERS-Report to job. 5:0C
a m, near RosSlyn. corner 21st
ana Scott St, ~ Arl.
CARPENTER, fast lst-ci. Trainer:
S25 20 per Chr day. SCHWAGER
BROS. ca s-4497 after 5 pm.
CARPENTERS. white-Experienced
men for framing work. Come
ready to work. See Mr.. Frank
Lamb at End and Hawaii ave.
ne. J. B. TIFFEY q SON.
CARPENTERS. apply on job. 4405
East-West hwy. Bethesda, 2 blks.
east Of Hot Shoppe. steady work,
inside, no heavy work.
CARPENTER
CONTRACTOR
To do carpenter work on lge. group
Of new homes. Can have whole
Job or framing contract. Must be
responsible have references Drive
out to $500 blk. 0Teentree I'd in
Bethesda and ask for Mr.. Smith
at Green Manor Home sign.
CARPET MECHANIC WANTED;
fully experienced: good pay, steady
work; apply $500 Georgia ave.
CIGAR- DRUG CLERK = Downtown
store: excellent opportunity for
exper man; must be energetic:
local exper. Necessary Top salary
to qualified man. PENN DRUG
1901 z st NV.
CLERK for production Of.
nee. See Nj Bancroft. McARDLE
PRINTING CO. INC, Gath and
N IS. nv.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08
FFJ III u DOH
Monday Through Friday
8 Am. to 4 Pm.

GOVERNMENT SERVICES. INC.
(PRIVATE CORPORA11ON)
113b 21st STREET NV.
MAN. 25-4O years old;
steady Job. general labor work
must have ID. @. drivers permit
Apply to 5 pm, Mon. through
Fri, 914 Kennedy st. NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08
EXPERT DANCE INSTRUCTION.

AZ your price ana convenience:
group or private. HE. 4-257S.
FIRST TIME in history. Your
frame or cement block home made
into masonry brick home. 5000
for advertising to first home in
locality. Write Box zoos, Star.
FREE TUITION FOR CHILD in ex-
car in Chevy Chase area. P. o.
Box 1925. Wash. IS, DC.
HAIR TINT done by experts. why
pay cayn more . Roux or ciair3l $40 81 %
Rl~' a5. 4 sBSRI 1881 18th st.
INTERIOR DECORATING = Scale
drawing Of furniture layouts.
Color co-ordinating: personal
shopping service. Budget accounts
invited. Call FRANK DODSON,
FE. 3-25l1.
JOIN OUR DANCE CLUB, learn e
dance in q warm congenial at
mosphere. Pay as you go. nc
free wkiy. social. CAN no. 2-SS77
MEET MANY NEW UNMARRIED
WHITE adults in the WASHINGTON
area; confidential, individual serv-
ice. JUNE-OCTOBER CLUB (li-
censedl Box SOB, Arlington 10, Va.
MOTHER with 2 children ages
and z desires woman to live in
private home. Care for children,
room and board plus small salary
Call RE. 5-53SS. before $3.50
am or after n m
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08
AL TAX SERVICE

Former Int. Rev. agt., % years ex.
per-. all returns. At YOUR home OF
mine. LA. $4,000.
ACCURATE TAX RETURN prepared
in your home. 10. 7-9I9S any.
time: also OIL. 2-9254 after z pm
ALMA PAULINE, sister of Jane s
Urgent. Please call WA. 7-4S46
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08

BUTCHER, exper.; year-round worn
for STEADY. sober man. LEELANr
FEDERAL MARKET. 4750 Let
hwy. Arl. Va. ia. S-4545.
BUTCHER OUNTERMAN. exper
sober and reliable; excel. opport
Apply MONTGOMERY HILLS
MARKET. Georgia ave. and Semi.
nary rd., Silver Spring, Call JU
0-32A0.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08
TECHNICAL

ADVERTISING, creative director;
exper. marketing and merchandise
ing and advertising media; Mich.
gan - to S12, 900
SALES ENGR., under 80, ME. deg.
commercial air-movement field;
bonus, expenses; local to $1,000
WALTER H. KESSLER
Personnel Services, 654 wash. Bldg.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08
nuLL STUART

ESTIMATOR. experienced, house.
bold goods; local and long dis
4 tance. WA. 7-1006,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08
HELP MEN
fcONTlNuEpl

ACCOUNTANTS t2y, internal audit
work. some travel, college degree
in accounting plus i-2 yrs public
accounting experience desirable
CAPITAL AIRLINES. WASHINGTON
National Airport. Call RE 7-6S30,
Ext AZ, for appointment.
ACCOUNTANT--Name CO.. broad.
cast field, offers challenging opnoT
to univ, grad, acctg.. with good
exper. Excel. potential for b-figurt
income and exec. status. start "a
$1,000. MANAGEMENT CONSUL.
TANTS. INC. Suite 1901, 143b
@ ST. NV
ACCOUNTING CLERK, youn 9
acctg. student. 5 days: 5000. Pc.
ToMAc EMPL., ell King ST..
Alex. XII. 9-5055,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08
PERSONAL

AAA TAX SERvICE-Returns pre-
pared by former Internal Revenue
tax accountant. Call IA. 9-S950.
a FORM 81 prepared and typed.
Personnel counseling. Monograph
ing. EXCH SERVICE, 1882 K st.
NV, ST, 3-dlS6 lie
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-04-08

WE RENT FURS Of every descrip-
ton for every occasion FUR
RENTAL SERVICE. Ma. s-s524.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1959-07-03
I'm THE AIR FORCE"
BY Eloine townsend Diekerson

ware trip has over Swallowed her
trek to the woods. She can hardly
wait for the next few days to pass,
because when she returns from
camp we will really be busy assem-
bling clothes for their five week
stay with their grandparents.
Since Daddy" is away today.
Lynne, Dawn and / will spend the
day at the Officers Club pool. Les
lie will spend the hours with the
younger set at the Bases Little
Hangar. Wish you all could join
us.
You remember several weeks ago
/ spoke to you about saying good
bye to our nice neighbors next door,
the Smiths. Colonel Smith had Just
retired from 80 years in the Army.
They were fortunate enough to get
buyer for their house almost as
soon as they put it in the local
daily. A Captain. his wife and two
cute daughters moved in (Air
Force). They were in the house lust
two days and he received orders to
report as instructor to Squadron
Officers School, Maxwell AFB,
Montgomery, Alabama. It's a. good
assignment major Jack Lingo OF
Lewes was there for three years
and he and Peggy loved it, and the
Walters are pleased with 1t, but
just sick to have had TO move all
their furniture in this house and
know Tor hope) that they win
move it out again in Judy. She will
stay here until the house is sold.
We've found in the service, that
houses sell quicker with your fur
niture in them to make them "hom-
ey". We all love the Air Force
life, but there are drawbacks to
everything.
Until next week.
Always,
| Elaine Townsend Dickerson
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1959-07-03
HOW THE DOW-JONES
AVERAGES ARE COMPILED

To provide for the numerous
splits, stock dividends, etc., through
the years, it is necessary to add the
quotations together and then di-
vide the total by an arbitrary di-
visor, which amounted to Alb on
the last day that Telephone stock
was quoted on it's old basis, name
ly, at $3.50 share. When this was
replaced by the new Telephone
stock, it was necessary to use a
different diyisor. The change to
Telephones new quotation( around
$84), plus four substitutions in the
Industrial list which were made
at the same time, brought the di-
visor down from 4.13 to 1864. This
latter figure will be used unit.
there is another split in Telephone
or in some other stock in the list.
or until another substitution is
made. Then the divisor must be re-
vised again. ~
Other stock averages are chang
ed more or less on the same prin-
ciple. The system may not be per-
feet, but it makes the Averages
very useful to those who under.
stand them and follow them as a
fairly accurate conservative time
table. Another reason why these
Averages have heretofore been i'm
portant is because trustees have
been allowed by probate courts tC
consider the stocks making up
these Averages as safe for the
prudent investor" to USE If one
of these should suffer in price, the
trustees would not be criticized fol
having bought the stock. This fact
however, has resulted in these
stocks being quoted abnormally
high, due to their demand for Pen
sion Funds, Mutual Funds, and
other funds operated by trustees
This could mean that the time may
come when it will be wise for
readers of this column to avoid
these so-called "gilt-edge" stocks
as a "businessman's investment.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1959-07-03
Cardinal To Hold
Try-0ut School At 4
Salisbury July go

Salisbury, Md. will be the hub
of intensive baseball activity on
July and 10 when Cardinal scouts
Eddie Lyons and Gene Corbett will
stage a baseball tryout camp at
New Wicomico High School Field,
1t was announced today by Farm
Director Walter Shannon.
Changing times have made US
more selective in our scouting en-
deavors, and we are holding these
camps only in certain key. places
chosen by our scouts" Shannon
remarked. Certainly there are a
lot of players living in areas that
are not secuted as frequently as
others who deserve a chance to
find out whether or not they're
ready for professional baseball.
Tryout camps give them that
break. Besides, it is physically inn
possible for them to look at a
group of players at one time.
Workouts will get underway
promptly at 10 a. m. To be eligible
a player must be in the IL to %
year age bracket. No equipment Is
needed other than a glove, shoes
and a uniform if the player has
one. The Cardinals will supply the
balls, bats, and catching equip
ment.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1959-07-03
Art Classes Underway
At RehObOth Beach

With the start of art classes OF
he Rehoboth Art League on Mon
lay, June 20, the leagues summer
;eason is in full swing. Students
If all ages will be taught both
painting and drawing in the spa
eious Corkran Studio near Henlo-
oen Acres Yacht Basin. Glasses for
adults taught by Howard S. Schro-
sder of Lewes, League president,
will be held Mondays throughout
he season, $3.50 to 1890 p. m.
Tuesdays and Thursdays, 100 to
100 p. m. classes for adult begin
lers and amateurs will be taught
by Jon Smith of Pottstown, Pa. He
will also conduct the Artist Sketch
Group Thursday evenings, starting
June at the Corkran Studio.
The Young Adults and Interme-
late classes will have Mr.. Smith
8 instructor. There will be four
classes in this group: Young
Adults Drawing and Painting. 10
20 IA years; intermediate, IL to 10
years; Juniors, 10 to IL years; and
Young Junior students, 8 to 9.
Mrs. w. Harold Birmingham, Jr.
If Lewes Beach will teach child
rem 5 to z, Tuesdays and Wednes-
lays, 10 a. m. to noon.
Registered students are eligible
for the Jr. Costume Party on July
l6, and, besides may bring a friend.
Mrs. Hartley Newman. secretary
hostess, will act as registrar.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1959-07-03
Harry w. Lynch Heads
Special Gifts At Beebe

Harry w. Lynch, a retired Du-
Pont Company executive and a d.
rector of Beebe Hospital here, has
been named chairman of the spe-
cial gifts committee for the hos
pital's fund campaign for an
$S50,000 building program.
His selection was announced to-
day by Benjamin F. Shaw, II, gem
eral chairman of the campaign.
The $850,000 building program
calls for ID new wing to provide
an enlarged maternity department,
new out-patient department and
expanded service areas; (2) a new
nurses home and expanded facili-
ties of the school of nursing; and
90 rehabilitation of certain exist
ing hospital facilities to provide
broadened medical services.
AS special gifts chairman, Mr..
Lynch will direct vital phase OF
the campaign which aims at reach
ing Delawareans in all parts of
the state and particularly the per-
manent and summer residents of
the area served. by the hospital.
Born in Lewes, Mr.. Lynch end
ed a 42-year career with the Du-
Pont Company in 1857, when he
retired as manager of the disburse-
ments division of the company's
treasury department
Before joining DUPONT in 1915
he was an accountant for the
Pennsylvania Railroad.
In 1854, while on loan from the
DUPONT Company, he served for
several months as consultant on
budget matters to the chairman of
the appropriations comittee of the
U. S. House of Representatives
A director of Beebe Hospital
since 1857, Mr.. Lynch also has been
a director of the Rehoboth Beach
Country Club for more than 20
years and for the past 10 years has
served as its president. He former
ly served three terms as a nom
resident town commissioner Of Re-
hoboth.
He is treasurer of Christ Epis-
copal Church and a member of
Wilmington and Concord Country
Clubs, several Masonic bodies, the
Lewes Rotary Club and numerous
sportsmens organizations.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1959-07-03
BABSON DISCUSSES STOCK AVERAGES

which an investor is interested var
les more or less proportionately
with the Average volume. The Law
of Averages is a very wonderful
law and it is great time-saver for
investors who use it intelligently
in studying the stock market. For
the convenience of readers, / give
herewith a list of the stocks COW
cred in the Dow-Jones Averages.
The Thirty Stocks Now Used In
The DOw.JOneS Industrial
Average Are:
Allied Chemical, Aluminium Co.,
American Can, Amer. Tel. & Tel,
Am. Tobacco, Anaconda Co., Beth
lehem Steel, Chrysler Corp, du-
Pont, Eastman Kodak, General
Electric, General Foods, General
Motors, Goodyear, Inter. Harvester,
Inter. Nickel, Inter. Paper, Johns
Manville, Owens&Ill Gl., Proctor
& Gamble, Sears, Roebuck, Stad.
Oil of Cal, Stad. Oil of N. j., Swift
& Co., Texaco, Union Carbide, Uni
ted Carbide, United Aircraft, U. S.
Steel, Westinghouse Electric, Wool
worth.
The Twenty Railroad
Stocks Are:
Atchison, Atlantic Coast Line,
Baltimore & Ohio, Canadian Pa
cific, Ches. & Ohio, Chi. Rk.s Is. &
Pacific, Delaware & Hudson, Erie
R. r., Great North'n Ry., Illinois
Central, Kansas City Southern,
Louisville & Nashville, N. Y. Cen
trail, N. Y, Chicago & st. Louis,
NJ Y, N. H., & H., Norfolk & Yves
tern, Pennsylvania r. R., Southern
Pacific, Southern Railway, Union
Pacific.
The Fifteen Utility
Stocks Used Are:
Am. Elec. Power, Clevelond Ell.
Illum., Columbia Gas System,
Com'wth Edison, Consol Edison,
Consol. Natural Gas, Detroit Edi-
son, Houston 1t. & Power, Niagara
Mohawk Power, Pacific Gas &
Electric, Panhandle EPL, Peoples
Gas, Phila. Electric, Pub. Ser. FL.
& Gas, Son. Cal. Edison.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1959-07-03

with income taxes sure to produce
more revenue for the Federal gov
eminent, and with an annual inter
est burden which now totals some
six or seven billion dollars annu
ally (about a tenth of the entire
budget, every lawmaker and ev-
cry citizen should view with seri-
BUSINESS any request to increase the
debt ceiling.
RECORD JOB TOTAL
A rise of some 100000 jobs-to
a national record of 66,016,000 fo1
May, has been reported by the De-
partment of Commerce. This beats
any May job total in the history of
the United States.
The fact that this is the largest
job total history, in May, is not
necessarily overwhelming news. II
should be remembered that the pop
ulation of the United States is
steadily increasing, and that We
should experience steadily enlarg
ing employment rolls-in the nor
NAL course of affairs.
And, there is still the July, 1856
employment total of 67,221,0 900
which is the all-time record. There
fore, the May figure is not an all
time record.
Nevertheless, the increase foI
May is encouraging, and it is fur
Their sign of the economic recovery
There is no denying the fact that a
good business cycle is in progress
and perhaps we are even in the
early stages of a boom. Some eco
nomists believe there will be
slight dip in the economy after
July LIST, possibly with or without
a steel strike. because of the stock
piling which has taken place in the
first six months of this year, part
Iy in anticipation of steel strike
Nevertheless, the great majority
of economists believe that the coun-
try will enjoy good business from
now until the end of the year, and
well into 1960-possibly through
out 1860. 1t is mainly a question of
how good business will be. and whe-
Their the boom will be a big one or
not, in the opinion of most Of the
economic experts.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1959-07-03
MAGNOLIA
Mrs. Frances Hart
Phone: DE 5.S1Sk

Last Thursday, Mr.. and Mrs.
James Sharp moved to their sum
mer home at Kits Hammock.
Mr.. and Mrs. Ed Richards were
the dinner guests on Sunday eve
ming of Mr.. and Mrs. Franklin
Richards in Milford.
Mrs. Maude GRAPHICAL and son
Ronnie, spent Sunday with her
mother, Mr.. Elizabeth Schwartz
Sunday evening Mrs. Schwartz
returned home with Maude for
visit.
Last Sunday, Mr.. and Mrs. j.
D. Keller, Mr.. and Mrs. Jay Kell-
err and family, and Mr.. and Mrs.
D. G. Semans of Dover attended
their annual Fathers Day picnic
ut the home of ]. d. Keller's bro
Their, Mr.. and Mrs. Frank Keller in
Baltimore.
Mrs. Ann Calvert and grand
daughter, Patricia, and Mr.. and
Mrs. Jasepr Quick spent the week
in New York visiting relatives
and friends.
Mrs. Pat Kaurowski and sons,
Steve and Michael, and Mr.. and
Mrs. Walter Lynch of Little
Creek spent Sunday with Mrs
Florence Kenton.
/. Miss Lorna Frese, Mrs. Emma
knight, Mrs. Florence Kenton
Mrs. Minnie Wheaton, Miss Fran
ces Wright, Mrs. Beatrice Stewart
Mr.. and Mrs. Martin Wilcutts
and Mr.. and Mrs. Clyde Luton at
Tended a shower given for Mr.
Ind Mrs. Robert Morris in Little
Creek.
The following ladies from the
Magnolia Ladies Auxiliary attend
ed the Kent County meeting al
FELTON, on June 23-Waneta Rentz
laura Faulkner, Helen Anderson
5allie Barrett, Lydia Hill, Blanche
Richards, Ann Orvis, Florence
Kenton, and Dorothy Dill.
On June %, the Auxiliary held
heir picnic at Trappe Pond. Those
present were Margaret Appenzeller
5allie Barrett, Ethel Collins, Dor
Dthy Dill, Mary Johnson, Mosene
Knight, Kathy Metheny, Ann Oryis
3lanch Richards, ELIZA be b
Schwartz, Lydia Hill, Waneta Rentz
Emma McIlvaine, Lillian Nell
yaine and several guests.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1959-07-03

BABSON PARK, Mass, July 3 -
Investors, like most of us, are get
ting lazier and lazier. This is part
ly due to our poor eyesight and
the fine type used on the financial
pages. Instead of hunting the quo
tations for a few stocks in which
we are especially interested, we
look at the average stock change,
noting whether this is up or down,
and then conclude that our own
special stocks have acted likewise.
If the Stock Average has shown no
appreciable change from the prev
ious day, most investors assume
that his special stocks have not
made any change either.
THE FOUR MAIN DAILY
AVERAGES
The most popular Indexes are
the Dow-Jones Averages. These
are divided into three groups-lD
The average, of 80 Industrial
Stocks; (2) the average of 20 Rail-
road Stocks; 49, the average of Is
Utility Stocks; then a general av-
erage of all of these IS stocks. An
other popular Average is that of
the Associated Press, which con-
sists of so stocks mixed and weight
ed into one Average. There is a
fairly constant relationship be-
tween these two Averages.
Personally, / like the New York
Times Average over a period of
years. It covers SO well-diyersi-
fed stocks, and is compiled for the
investor rather than for the spec
ulator. A fourth Average is Stan
dard & Poor's, which covers 500
stocks. l am proud to say that
this is operated by my loyal and
able cousin, Paul T. Babson, who
controls the Standard & Poor's
Corporation.
WHAT ABOUT VOLUME?
These Averages also give the
volume traded during the day. This
the trained investor watches quite
closely. He keeps in mind a nor
NAL volume figure, which today is
about 100000 shares. 1t is usu-
ally safe to assume that the change
in volume of the specific stocks in