davidaulloa/AmericanStories huggingface dataset:
Evening star., 1961-01-12

There apparently is q pc
culiar "inhibitor" in the
blood serum of victims Of
schizophrenia, perhaps the
most prevalent and refrac-
tory Of mental diseases.
This substance seems to
interfere with the CONVEX
sion Of starches and sugars
in foods into energy. Part Of
the schizophrenic picture Of
ten Is extreme lethargy.
which. however, may be
broken now and then by ex-
treme violence.
In the past there has been
no physical basis for the
malady entirely acceptable
to psychiatrists. Steps to-
ward the isolation Of the in
hibitor, which apparently
exists in extremely minute
quantities, are reported to
the American Psychiatric
Association by DR.. Charles
e. Frohman and his aSso-
ciates Of the Lafayette Clinic
Of Detroit.
The effect of the material
already obtained has been
demonstrated, the report
said, by incubation of chick
en- cells in the blood serum
Of both schizophrenics and
normal persons. There were
notable differences in the
development observed.
Reacts to Temperature
Chemical fractionization
Of the schizophrenic serum,
the psychiatrists reported,
shows that the iihibitor
must be present in the frac-
ton made up of proteins and
further chemical analysis
has resulted in q consider
able refinement. Outside
the blood the "inhibitor" re-
mained active only at tenn.
peratures slightly above zero
but lost its activity rapidly
either upon freezing or rails.
ing to room temperature.
1t now is planned, said the
report. to purify it further
and to test its effects by in.
lection into cats and mon.
keys into whose brains elec.
trodes which will recort
brain activity have beer
implanted.
Still another recently
found chemical difference
between schizophrenics anc
mentally normal persons wa.
reported by DR.. Nyla j. COLI
and her associates of thu
University Of Utah College
Of Medicine.
They found, they said, that
two thirds Of all schizo.
phrenio patients excreted mi.
mute amounts of a certain
form of "indole," a white
crystalline combination o
carbon. hydrogen and nitro.
gen, which commonly Is OBJ
Evening star., 1961-01-12
LETTERS TO THE STAR

Pen names may be used u
letters carry Uriters' correct
names and addresses. All let
ters are subject to condensd-
ton. Those not used tDill be
returned only phen accom-
panied BY self addressed,
stamped envelopes.
Evening star., 1961-01-12

Noticeable about task
force" reports to President
elect Kennedy is the fact
they call for increased Gov
ernInent expenditwes-some
running into many billions
Of dollars. Incidentally, these
reports all look to, If they do
not propose, increases in the
number of Federal employees
and to the greater centrali-
Zation Of government in the
National Capital-indeed, to
bigger and bigger govern
ment. This is not surprising
In view Of the Democratic
national platform adopted at
Los Angeles last summer and
to the promises made during
the recent presidential cam
paign.
Notwithstanding the theo.
ries Of some Of the liberal
leaders-the supporters Of
bigger Government spending,
of, so-called pump printing"
If the President elect
adopts 'many of the recon-
mendations he has received,
the chances Of continued in
flation and q drop in the
value Of the dollar will be
greatly increased, along with
increases in the cost Of liv-
ing. This will work hard
ship on the very persons the
liberals are shouting to the
house tops must be aided by
the Federal Government-the
aged, the people VINO are IS
or over. Millions of them live
on fixed incomes, such as
pensions, retirement pay,
interest from bonds or other
securities, social security pay
ments, paid-up life insurance
and the like. Their income re-
mains stationary. When the
dollars purchasing value
drops, their comforts, their
very living, become more
difficult.
The President-elect and
the Congress soon will be
coming to grips with these
problems. They will have tt
determine whether, as one oi
the task forces recommend
ed, Government expenditure,
can be greatly increased Cir
order to stimulate Industry
and at the same time per-
sonal income taxes can be
reduced Tin order to put
more money into the hand.
of the people, and the
economy Of the country car
survive. The argument ir
support Of increasing ex.
penditures and at the same
time reducing taxes, as il
comes from liberal .econo'
mists. list that the Govern
ment's revenue also will bt
increased: or if they are not
then the tax reductions will
be only temporary and th'
higher rates will be put bacl
into effect after a year, per
haps. To the ordinary human
being, this is pretty mucl
RihheriSh.
Evening star., 1961-01-12
BIonshord's Views

shard. With all due respect
to q man whose enthusiastic
audience just about packed
Constitution Hall, and who
has done q magnificent job
in his chosen field. I must
conscientiously dissent in at
least one particular.
The point at issue is that
Of q Justice Of Peace under
Maryland law refusing to af-
firm his belief in God as Q
condition Of his election to
said office. OF course, the
man has q right to believe or
not to believe, and also to
affirm his belief or his disbe-
lief, as he sees fit. Whose
business is 1t either way? Are
we not confusing rights with
privileges? Is it not within
the rights Of the people to
say whether or not such a
person shall be privileged to
serve in any such capacity?
And may the people not give
voice to their opposition and
publicize their reasons? What
Justice" might a deserving
complainant hope for in o
plea before q Justice who has
no faith in a God Of justice?
II there is anything COM
mendable in our American
ethics and morality, private
or public, may we not attrib-
ute that character to the at
least partial adherence Of
millions Of our people to the
Christian faith that has made
America great. and that we
have expressed in the motto
on our coinage-"In God We
Trust?
To me it is regrettable that
q man who has done and is
doing so much to alert Amer
lea to one of its grave perils
today, should neutralize his
worthy labors by giving COM
fort to the cause Of atheism.
It is for this reason that I
voice my dissent.
Frank L. Squires.
The recent election shows
that Paul Blanshard never
spoke for the Protestant ma
jority in the past and I don't
think he speaks for "the
American majority" today. I
wonder If he told his recent
audience that the Connecti-
cut birth control law was con-
ceived out of Protestant belief
and passed by Protestant
legislators. At that time this
belief coincided with Catholic
teaching as did many other
moral principles. The Catholic
Church has not and will not
change a fundamental belief
out Of exigency.
If the Catholic and Protes-
tant doctrine was good In
those early American days, II
is good today. Truth never
changes. It is never "anti-
quated." It may be developed
but never changed intrinsi-
cally. There are good mora
answers to the population
explosion problem.
AS to financial assistance
to Catholic schools by the
Federal Government. fair
minded non-Catholics are
asking why Catholic taxpay-
ers cannot share in the
educational fund they help
sustain. The Catholic child is
an asset to the Nation as
much as is the non-Catholic
child. In the state-dominateo
Soviet educational system nc
distinction as to race, creed
or color Is made.
Matthew A. McKavitt.
Evening star., 1961-01-12
Protest

This is written in protest
to some Of your recent edi-
torial cartoons, which seem
to imply that Richard M.
Nixon lost the 1860 Presi-
dental election. / find this
to be anything but the case.
It Is my belief that the peo-
pie of the United States Of
America came out on the
short end, rather than Rich
ard Nixon.
Rill Rrimaconhe.
Evening star., 1961-01-12
Advantage for Reds

AS things now stand, ex-
penditures for national de-
tense will continue to be
tremendous. despite the
stream of suggestions from
the Communists that rela-
tions between the United
States and Soviet Russia and
the other Communist states
will improve now that Pres
ident Eisenhower Is going out
and Mr.. Kennedy is coming
Evening star., 1961-01-12
Answers to Questions
Nv THE HASKINS SERVICE

A reader can get an answer. BY
mail, to any question Of fact by
writing The Star Information Bu-
reau. 635 F street NV. WASHINGTON
4, D, C. Please inclose return post.
age or self-addressed, stamped
enyelope
Evening star., 1961-01-12

will be q week or more ahead
Of the event.
N. o. Snow.
Evening star., 1961-04-02

CAPITOL HILL FoGGY BOTTOM
Ii. C-O0l6 FE. 3-7O64
Evening star., 1961-04-02
HOUSES UNFURN. TO RENT

ROCKVILLE - Immaculate brick
rambler available. liv. rm.. din.
rm.. modern kit, 3 bedrms.. 2
baths; wall-to-wall cRrpeting;
fenced yard; $3.50 per mo. 1903
Wyaconda I'd. SHANNON & LUCHS
m MA S-O9IH
Evening star., 1961-04-02
DETACHED

AZ Madison st. n.w.-S natura
rms, 3 baths, 2 powder rms.
rec. rm., brick garage. Extra lot
Substantial cash required. Cal
Mr.. Jackson, Ii. 6-0530. o. W
HENSON CO., Ii. 4-0091, NO
Evening star., 1961-04-02
HOUSES FOR SALE-MD.

SYKESVILLE - Gentleman's coun-
try home: . acres, large oaks,
shrubbery, lawn, garden, 3 b,r.
recond. home, h.w. floors, ! "a
modern Kitchen. Sac. at Sl7,500.
Immed posS. WATKINS, PHONE
SYKESVILLE, MD, All. ."
Evening star., 1961-04-02
CHEVY CHASE

CHEVY CHAsE-To buy or sell a
$4,000. EDW. H. JONES & CO,
Evening star., 1961-04-02
nE@ggm

sos PEABODY N.E.-only $3.50
down and SS2 per mo. buys this
like new brick home Fenced yd.,
rec. rm., and all the extras in
cluded. J. r. LITTLE Realtor,
Evening star., 1961-04-02
MONTGOMERY COUNTY

ABSOLUTELY Attractive split-level,
| 3 baths, bedrooms, 49, living
room, IA dining room, large kitch-
| en-, patio. S26,950. RIPLEY CO.,
Evening star., 1961-04-02
HOUSES FOR SALE NV.
ADAMS MILL ROAD

HOME AND INCOME
CONDITION. Over
looks Rock Greek Park. Com
pletely furnished" Wall-to-wall
caTpetlng; row brick. automatic
Good terms. DON'T MISS QUIT
MANOVILL REALTY CORP.
LO. 4-8440
Evening star., 1961-04-02
HOUSES UNFURN. TO REM
(coNIlNuEDl
COUNTRY HOME

City living, on beautiful Bull
Run farm. IS miles from
White House; 3 bedrooms.
. baths, GE Dashboard heat;
2la-scre stocked fish pond
for swimming and fishing;
240 acres for hunting quail
and turkey; facilities for
horses and dogs. House has
unobstructed view Of pic
turesque Bull Run Noun
tain; $500 mo. rent accept
able tenant. Call owner,
MRS. MARSH. at EN-. p
SS4S. for information and
appointment for inspection.
Evening star., 1961-04-02
HOUSES FOR sALE-N.W.
DETACHED

Longfellow st., 1907, off $500 blk.
18th st. Open 3 to 5-Impressive
spac. 4-bedrm. brick; 2 baths, rec.
rm., 4-car brick garage; $4,000
price bracket. cox & CO., Exclu-
Sive Mrs. Fitzgerald, RE. 7-1633.
Evening star., 1961-04-02
HOUSES WANTED TO RENT
CHURCHES FOR SALE

CHURCH - USED AS SCHOOL for
children; lge. auditorium, kit: lge.
equip. playground, swim. pool. Off
upper 18th st. NV. Attract. price.
Brokers coop. invited. CLAUDE
SHIFJET, RA. 3-7S00. DI. 7-SS42
CHURCH FOR SALE. Alex. area.
Brick. 4 yrs. old, air cond. OWN
Err, KE 6-a672
Evening star., 1961-04-02
Shannon & Luchs

Realtors Since 1906 KE. 7-1sO0
CHEVY CHASE-VAcANT
1881 MCKINLEY ST.-BRICK
Open 2-5. 9 rms. near St. john s
College. Wall to wall carpet,
drapes, screened porch, patio, g
car garage. DAVID E. BARRY,
NE. S-2025.
Evening star., 1961-04-02
Atmosphere Plus
RARGAIN

32O8 18th st. NV, brk. 3-story
bsmt., g rms, 3 baths, gas hot
water heat. $14.950, $500 down
Sl25 mo. payments. LO. 5-2617
ewes. ia. Q-5l37,
Evening star., 1961-04-02
HOUSES FOR SALE-N.W.

GEORGETOWN-commercial. Home
and income. Row bricks with
rooms on 1st H., 2 bedrms., patio
Mrs. Raley, FE. S-1693. LYMAN
C. DELE a. CO, INC.
Evening star., 1961-09-29

Old Route 5 or State Route
381 to Den-Lee Acres on
right. Builder: M. d. Harris.
o7 WAYNEWOOD, Fair
~. fax County, Va.-Mini-
mum price $21,950. Follow
Mount Vernon M e orial
parkway past the airport and
through Alexandria. Wayne
wood is on the right just 5.3
miles below Hunting Towers
Apartments. Builder: Clar-
ence w. GOSnell, Inc.
30 WESTGATE, Alexan-
w. dria, Va. - Minimum
price, $36,950. Over Four
teenth Street Bridge through
Alexandria. Out Mount Ver-
non boulevard George
Washington Memorial park
Evening star., 1961-09-29

way) to Mount Vernon Circle.
Around circle to Route 235
south to end of brick wall
(Route 623). Left on 623 to
Westgate sign and model
homes On right. Builder: John
r. Minchew.
30 MARUMSCO ACRES,
~. Woodbridge, Va.-Mini-
mum price, $13,365. South
on Shirley highway or U. S. /
to Woodbridge, continue "a
mile beyond traffic light in
Woodbridge and turn right
at Marumsco sign. Builder:
Cecil d. HyltOn.
An NORTH INDIAN HEAD
~. ESTATES, Bryans road,
Charles County, Md.-Mini-
Evening star., 1961-09-29

Builder: Kettler Brothers,
Inc.
81 SYLVAN HILLS, Fair
u. fax County, Va.-Mini-
mum price, $4,000. From
District of Columbia, Shirley
highway to Seminary road,
right on Seminary road, left
on Dawes avenue to 5811.
Builder: Raymond C. Saun-
derS.
- KINGS PARK, Spring.
O%' field, Va.-Minimum
price, $21,500. Out Shirley
highway to Route 236, right
on 236 to Annandale, left on
RaVenSworth road l mile to
Bra d dock road, right on
Braddock road 2 miles to
Kings Park on left. Builder:
Evening star., 1961-09-29
left. Builder: Edward r. Carr.

left. Builder: Edward r. Carr.
Ok VILLAMAY, Fairfax
~. County, Va.-Minimum
price, $32,500. Proceed 2 miles
south of Alexandria on Mount
Vernon Memorial parkway,
right at Westgrove boulevard
sign 100 feet left on Park
Terrace drive five blocks to
Villamay boulevard, right two
blocks to display house at 900
Villamay boulevard. Builder:
May Properties, Inc.
az DEN-LEE ACRES,
~" Clinton, Md. - Mini
mum price, $14,990. Out
Branch avenue to Route 5,
continue on Route 5 to Clin-
ton, continue 1.8 miles past
traffic light in Clinton on
Evening star., 1961-09-29
Richmarr Construction Corp.

Richmarr Construction Corp.
% RAVENS WORTH
-. FARMS, Fairfax
County, Va.-Minimum price,
$16,750. Shirley highway to
Lincolnia cloverleaf (Route
236) to Annandale, left on
Ravensworth road CMichel-
bach Furniture co.. to Brad
dock road, right one-half
mile. Builder: Crestwood
Construction Corp.
IN WEST SPRINGFIELD,
~. Springfield, Va.-Mini-
mum price, $25,5O0. Out
Shirley highway to Spring.
field cloverleaf, right on
Keene Mill road 11a miles to
West Springfield entrance on
Evening star., 1961-09-29
Fall Festival of Homes Exhibits and Location Map
Builders Offer
Forty Displays

The Fall Festival of Homes this year includes 40 diff
ferent developments that in all parts of the Washing
ton area Exhibit homes listed below. Each listing in
cudeS the of the development ocation minimum
price Of the homes offered in the development directions
to reach the exhibit home and the of the builder
Numbers on the list keyed to those the map at
right that readers who not thoroughly familiar with
the Washington will be able to get approximation
of the locations with respect to the District of Columbia
Evening star., 1961-09-29
Photo
Credit

Staff photographs Of homes
in this section were made by
Star Photographers George
Danor, Harry Goodman and
Willard Volz, under the di-
rection Of Robert F. (Cy)
Perkins.
Evening star., 1961-09-29

longtime beStSeIer
Wo-Way fireplace; kitchen
d lots with ees Just off Crcumfnta
e. and military posts Nearby
Service Conventional
ROOM SPLITLEVEL RAMBLER HOMES
Evening star., 1961-09-29

by Stor Stuff Artist z0ns Auerboeh
mum price, $4,000. South on
Indian Head highway (Route
21O to Bryans road (Route
227, also known as Marshall
Hall road, turn right 200
yards to sign. Builder: North
Indian Head Estates.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-14
Legal Advertisement
Sheriff's Sale
OF Valuable Personal Property
STATE OF MARYLAND

- L n L Vt MAN LAM
Montgomery County, to wit:
BY virtue of Distraint for
Rent issued by Robert r. Wells,
landlord, and to me as Sheriff
of said County directed at the
suit of Robert r. Wells VS.. Earl
McFadden and Mrs. Marie Nc
Fadden 1 have this 25th day of
August, 1861, seized and taken
into execution all the right and
title, claim, interest and estate
both at law and in equity of the
said Earl McFadden and Mrs.
Marie McFadden of, in, to and
about the following described
property, to wit:
3-Chairs
4-Sofas
Rug
2-Dinette Sets with 4 Chairs
each
2-GE Refrigerators
beds
2-21" TV Sets
Electric Fan
Electric Heater
dresser with Mirror
Lamp
Table
2-Folding Chairs
-Four Burner Gas Stove
1-Siesta Lawn Mower
Barbecue Grill
I hereby give notice that I
will sell all the right, title,
claim, interest and estate both
at law and in equity of the said
Earl McFadden and Mrs. Marie
McFadden of, in, to and about
the above described property to
the highest bidders for cash at
w. S. Athey Road, Burtonsville,
Maryland, on
SEPTEMBER 25, 1861
AT 1890 AM.
TERMS OF SALE: CASH.
LUKE ]. BENNETT, JR.
Sheriff
Montgomery County
Maryland 2t-900-9-21
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-14
HELP WAMrEp-IMaIe.EemeIel i7

BOOKKEEPER & General Of
flee work, 5 day week. Wayne
Feed Supply Co. Inc, Gathers
burg, Md. WA. 6-2311. 1913
WANTED MAN OR WOMAN
full or part time to serve Wat
kins Nationally Advertised
Products to rural customers in
Montgomery County. Earnings
up to 500 per week possible
from the start. Should be over
25 years of age. Car or light
truck necessary. For PERSON
AL INTERVIEW write Watkins
Products, Inc, P. o. Box #5071,
Richmond, Va. 1921
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-14
HELP WANrEp-FEMALe

NEED MONEY FOR Fall
clothes, bills & Christmas???
Phone and part time use of car
necessary. white only please.
Call JU. 8-2116 or JU. 7-7153.
6t-9-1o
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-14

OCT. Ia = Sat-, Annual Turkey
Supper at Damascus High
School for the benefit of Da-
mascus Vol. Fire Dept; serv-
ing % pm. 18t-10-14
OCT. 14-Sat. Turkey Supper
Neelsville Presbyterian Church.
Starting at 2 pm. 6t-10-12
OCT. IA - Beg. A pm. Turkey
& Oyster Supper at Hyattstown
Fire Hall, Benefit Hyattstown
WSCS. 5t-10-12
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-14
HELP WANrEp--EEMALE

RELIABLE WOMAN, with no
children, to care for 2 children
q yrs. & IL MOI, ) days a
week; must have own transpor-
tation. Call GA. 1861. 1914
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-14

RICHARD HUM
4l0 HillmOOr Drive
silver Spring, Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN, that the
Orphans Court for Montgomery County
has issued Letters OF Administration 10
Suburban Trust Company in me Estate
of
IRENE II. DENISON
late of Montgomery County deceased All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the 18th day OF
March next. they may otherwise by law
De excluded from all benefit of said
Estate. All persons indebted to said
Estate are requested to make immediate
payment.
Given under our hands this 18th day
OF September 1861
SUBURBAN TRUST COMPANY
By: THOMAS S. LAWSON
Trust Officer 6t-s94-1O-19
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-14

CARRIERS Upholsrering Co. -
Upholstering & Slip Covers.
Free estimates. Pick Up G. De.
livery; Cushions refilled; Tuft.
ing Specially. Pc. 2-5747.
1884
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-14
PLUMMER VI. sHEARIN
1890 Eastwood Avenue
Silver Spring, Nd.

NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN. that the
Orphans Court for Montgomery County
has issued Letters OF Administration 10
n. Leroy MulliniS In the Estate OF
NATHANIEL MERRITT BACHELOR
late Of Montgomery County deceased All
persons having Claims against the de-
ceased are hereby warned 10 present the
same on or before the 18th day OF
March next; they may otherwise by law
be excluded from all benefit Of said
Estate All persons indebted TO said
Estate are requested to make immediate
payment.
Given under my nand this 9Th day OF
1851.
II. LEROY MULLINIx
1920 Eastwood Avenue
Silver Spring. Md.
Administrator 6t-S93-1O-l3
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-14
rERANS SHEET METAL

LAWN MOWER REPAIR-Re.
paired at your home; also Bi.
cycles & Garden Tools. Guaran.
teed work. Used Mowers
bought & sold. Call TERRELL
MOTOR co. Pc. 2-3408. tf-S539
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-14
STRUCTURAL STEEL = Auto

STRUCTURAL STEEL = Auto
parts. beams, pipe. angles.
plates, small motors, odds and
ends of metal for machinists
and tool makers. Visit our yard
in Rockville on the new 240
bypass. Montgomery Iron and
Metal Works. Pc. 2-3924.
tf.2630
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-14

Soy. Shthd. not nee. SIS;
RECEIPT. -Clrk. to $40; elk. -Tpst.
(2) $50-$65; Dental Assist. exp.
open; Bkkpr., exp. SIS; Sales
girl SIS plus comm. ROCK
VILE PERSONNEL SERVICE
Pc. 2-9416. 2t-9-16
Evening star., 1961-02-05
Stock Prices
Averages
SET Records
BY ED MORSE
Associated Press Financial Writer

NEW YORK, Feb. 4.-The
stock market forged new gains
this week as President Ken
nedy's antirecession program, o
successful rocket shoot and
news Of additional spending for
space age defense spurred the
advance.
The Associated Press average
Iof go stocks joined Standard &
Poor's 500-Stock index in max
ing all-time highs. The AP
average rose $50 to 236.50,
closing just slightly below the
new record Of 236.70 reached
on Thursday.
The Dow Jones industrial
average remained substantially
below its record peak Of 6S5. At
reached January 5, 1860. This
week Dow industrials rose 9.38
to 652.97.
It was the sixth straight
week Of market advance and
an extension Of the steady
though irregular rise which be-
gan from the 1860 low reached
October Is.
The recovery last fall-even
in advance Of the election-was
called q Kennedy bull market"
by some analysts. This label
was q matter Of opinion at the
time, but there was no doubt
this week that stocks rose di-
rectly in response to the new
Evening star., 1961-02-05
~ SYLVIA PORTER

tanning inventories where they
are, the economy will be re-
lieved Of q great drag. Stimu-
lants from the Kennedy ad-
ministration and Congress are
bound to help. The red ink
in the budget means the Fed
eral Government again is put
ting money into the economic
stream.
The stock markets action
indicates q belief in q mild,
short recession, and its action,
in turn. is adding to the belief
that the recession will remain
mild and be short.
A second reason stock prices
have been climbing is the per-
sistent buying by institutional
investors.
increasingly dominant in the
stock market are institutional
investors - banks, insurance
companies, mutual funds, pen
sion funds, etc. They now ac-
count for more than "a per
cent Of trading in stocks listed
on the New York Stock Ex-
change on an average day.
They control $50 billion in the
listed stocks. II per cent Of the
total. Most important, the in
stitutions tend to buy on price
observation-disclosures" says the
exchange, Of the "stabilizine
nature" Of their transactions.
Margin In Factor
A third reason Is the char
acter Of the individual investor
now.
More than 1875 million indi-
viduals now hold stocks. Most
Of them are small holders who
own their shares outright. are
investing for the long pull,
aren't concerned with day-to-
day price fluctuations.
A fourth reason lies In the
stiff margin rules.
Although q buyer Of listed
stocks has to put up only SIC
for a 500 stock purchase
against $50 in mid-1960, this
still is a mighty strict require
ment and unqueStionably is q
stablizing factor.
A rising stock market during
a mild recession Is not unus-
ual. It's usual.
distributed 1851, BY The Hail
J Syndicate, Inc. AL Rights Reserved)