2 B
Gl's in Germany
Told To Go Easy
On Paint) Polish
' Bayreuth, Germany (UPD
Soldiers of the 7th U.S. Army,
rest your weary backs.
You can (top polishing your
jeeps, painting your steel hel
mets and chroming your mess
kits for inspection.
The authority is 7th Army
Commander, Lt, Gen. Garri
son H. Davidson, who denies
he is a radical, but neverthe
less ordered an end to ''Army
eye wash" in a recent circu
lar, v - ,'
Combat readiness standards
: will In future be ,. the only
thing that counts,"; he de
clared.; , . . . - ' '
. For any army,- including
; the American, this is a revolu
tionary concept.
"Equipment .will be Judged
solely on its ability to per
form its Intended function,''
. according to the order. ''Evi
dences or normal usage such
as some dirt on trucks and
vehicular undercarriages
trailers, scratches on tfiue
. stocks and worn paint on plo-
neer tools is to be expected
and does not distract from the
equipment's capability."
Comes as Surprise
This came as a considerable
surprise to old soldiers, whose
equipment usually included
cotton swabs and a can of
black paint with which to
. darken the end of the barrel
of a well-used rifle or pistol.
"Spot painting" of one-half
of a vehicle one week and of
' the other half the following
.'... week, will cease, according
to Davidson.
Similarly, "there will be
' no constant repainting of
steel helmets to maintain uni
formity of color, or polishing
of copper gas lines and carbu
retors. "Commanders will cease
forthwith to order complete
' lubrication and oil changes
in Jeeps, tanks, personnel car
rlers and other vehicles sole
ly in preparation for inspec
tions,'.' the order stated
The General said that such
things, "constitute gross wast
age of personnel and supply
resources."
o Davidson,: youthful-looking
at 57 despite white hair, has
attacked the problem of "eye
wash" with the same direct
ness that made him one of the
finest football coaches West
Point ever had,
Head Coach ,
He was head coach there
. from 1033 to 1837 and for the
whole period West Point
: ranked among the top 16 of
the nation's football teams.
He was the youngest head
coach in Army football his
tory. That same trait showed
when he picked the spot for
the 1944; assault into South
ern France and during his
service in the Korean War.
He took over the 7th Army
last July and waited just six
months to write his now fam
ous circular. During that per
. lod, he observed that the "eye
wash" habit had concealed
from many of his command
ers the true condition of their
equipment.
He said the "eye wash" era
is over in the Army. He said
he intended to "insure com
bat readiness without waste
and self-deception."
THURSDAY, APRIL B. 1061
MEDFOHD MA'L
""FORD. ORE
Mutual Fund Holdings Boosted By $10 Million in Past Year
By HENRY J. BECHTOLD
UPI Financial Editor
New York -fllPD Business
investors found mutual funds
to their liking again in 1960,
boosting such
holdings " by
some $10 mil
lion. The value
of mutual
fund holdings
by business
and lnstltu
1 1 o n s and
founda 1 1 o n s
anr BccntoH rose to $407,
833,000 last year from $397,
622,000 in 19S9, a survey by
the National Association of
Investment companies showed.
The business organization
- corporations, pension plans
and labor unions - held $246,
915,000 compared with $235,
119,000 in 1959 and $164,
988,000 in 1958.
And the institutions and
foundations showed a slight
dip in their holdings to $160,
918,000 from $162,503,000 the
year before, but they still
were well above the 1958 fig
ure of $127,910,000.
Edge Over Pension Plans
. Corporations held a slight
edge over the pension plans
in the amount of mutual fund
holdings, according to the
N.A.I.C; survey of 70 of its
member Investment compan
ies. Holdings of the . corpora
tions were valued at $117
261,000 last year, while em
ployee pension and profit
sharing plans had $109,759,
000 Invested in mutual funds.
Insurance companies and
other financial Institutions de
creased their mutual fund
holdings to $16,105,000 . In,
1960 from $19,420,000 in,1959V
while labor unions registered
a drop In holdings to $3,790;
000 from $3,801,000. . V,;' '
In the Institutions and foun
dations category, fraternal,
welfare and other public asso
ciations boosted their fund
holdings to $53,150,000 from
$53,300,000 the year before,
while churches and religious
organizations showed holdings
valued at $41,698,000 compar
ed with $42,079,000 in 1959.
Schools Lower Holdings
Surprisingly, hospitals, san
itariums, orphanages, etc.,
BUILDING PROGRAM OK'D
V, Salem-fllPD-'The Joint Ways
and Means Committee Tues
day night approved most of a
proposed $5 million building
program ? over the next two
years at the state institutions.'
RED LIGHTS SANCTIONED
Salem lOPD The House
Wednesday passed and sent to
the Senate a bill to let volun
teer, firemen use red ' emer
gency lights on their cars,
held mutual funds worth $30,-
306,000 against $31,079,000 in
1959. Schools and colleges
lowered their holdings by
more than $3 million to $32,
773,000. . .)''.-
Another survey made by
the TJ -A.I.C. showed that 130
investment Arms held common
stocks of department, and
specialty st6res,- food chains,
variety stores and mail order
houses, in their . diversified
portfolios. .., '' . ,,., I,.
'"'These stocks of the retail
trade industry were valued at
$397,218,000. 5 ' v.-,
The largest holdings were
in department and specialty
store stocks which amounted
to $151,237,000: Food chains
were not far benina, wun
stocks of 35 such establish
ments valued at $105,190,000
held by NA.I.C. members.
Most Widely Held ;
The common stocks of 11
variety store with a value of
$37,147,000. and stocks of
four mail order houses with
a value of $93,644,000 com
pleted the retail industry to
tal, according to the survey.
The most widely held of the
department . and specialty
stores was Federated Depart
ment stores.- while Grand Un
ion, was the most popular in
the food chain field, Sears,
Roebuck among the mail or
der houses, and Woolworth in
the variety stores. .
Students Charmed
By Billy Graham
Fort Lauderdale, Fla.-TO?&-Evangelist
Billy Graham
charmed vacationing students
Tuesday with an off-the-cuff
taik interrupted once by the
dissonant voices of collegians
singing in a nearby salon.,
Graham made a 40 minute,
quip-filled talk to a swlmsuit
claid audience estimated in
the thousands. He received a
rousing cheer when he re
minded the older generation
that "They were once young,
too.".
This was an obvious refer
ence to last week's student
rioting here, in which about
400 students were arrested in
Racketeers Subjected,.
To Special System
Warwick, R.I.- (UPD -Police
Chief James F. Lynch has a
system for keeping known
racketeers out of the city.
He told a Boy Scout dinner
meeting that when a known
gangster moved into the city,
policed placed a round-the-clock
tail on his activities.
Then police went to his home
in unmarked cars. "If he is a
real racketeer," Chief Lynch
said, "he won't let us into,
his home without a search
warrant."
demonstrations against the
closing of beaches during the
evening hours.
Smart Leather Belts
Noted in Fashions
Smart leather belts, circle
most tailored - waists this
spring with neat, colorful
"clasps." i;
Although '" fewer contour
belts are in evidence than last
year, widths vary all the way
from spaghetti hoops of suede
' leather to five to six-i n c h
bands of supple, smooth and
lightly grained leathers,
; ; Narrower belts are being
worn with fuller skirted dress
in daytime and late day en
sembles. In mood and color, new
belts are matched to handbags
and shoes. Chalked colors
. and pale pastels at the waist
carry through the softer
leather look of accessories
from hand to toe.
California Deer Are
Damaging Trees
Davis, Calif, -lUPD-Califor-;
nia's deer population is giv
ing coastal . lumbermen a
headache. .
"Doer have often damaged
or killed more than half the
young trees in the area," said
William M. Longhurst, zoo-
ologist from the University of
California at Davis. Long
hunt said the animals nip
off the tops of young Douglas
fir and redwood seedlings in
replanted forests.
6 Million Tourists
Saw Spain Last Year
- Madrid - (Urt - An all-time
record; of nearly 6 million
tourists visited the land of
flamenco and bullfight last
year and 1981 is expected to
' top even that, according to
vthe Spanish Tourist office.
Many tourists are from the
United States, but more from
France, amneny. Italy, Scn
i dlnavlj icjj. England. (
HURRY! GET ALL THESE VALUES NOW! a
BIGGEST BUYS OF THE YEAR!
ANOTHER SPECTACULAR
PENNEY ANNIVERSARY
SPECIAL BUYI,
LUXURIOUS '
Nylon Tricot
SLIPS
Only
I
Go on a savings spree and stock a
wardrobe of wonderful easy-care nylon
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with shadow panels, fussy trims. Ma
chine wash, could snub ironing.
White, pastels. Misses' sues. ...
PENNEY'S STREET FLOOR
i c :
fr"X 1 'I rrj-.'s?B3; i
..
passed on to (;!
plated, li
tJ . si
STOCKPILE A BIG SUPPLY OF
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Fill your'wigwam, have enough for the whole tribe! These are first
quality cotton terries . . . rugged as an Indian brave ... bright as a
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turquoise, pink, yellow. c
Darn rowei
hand towels, 3 for $1
wash cloths, 6 for$1
2 : s1
Sturdy Chrome Plated
Upholstered High Chair
purchase savings
Pennev's durable chrome
tubular steel frame high chair, features
removable plastic tray. Soft vinyl covered,
upholstered seat and back for extra-com
fort
Terrific
Anniversary
Special!
Penney' Meuanlne Floor
SPECIAL BUY CRIB 'N
MATTRESS! CHARGE 'E- M
Look at the Penney extras! Our six year
size crib features double drop sides,
sturdy northern hardwood construction,
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Mattress has 70-coil innerspring, water
repel lant vinyl cover. '
B Orion Bulky Cardigans
1 In Stripes, Solids!
1 ! Imagine! At this special Anniversary
price, you choose not only trom a nosr or
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TAe,rifie 99
Anniversary w U M M
Speciall
Penney's Meuanlne Floor
TUFTED CHEN1LE SPREADS
SAVE NOW ON EASY CARE BEDSPREADS!
Same popular style, same fine quality you've seen
for morel Close-tuftod lintfree Avisco rayon on cot-,
ton; machine washable at. medium setting. Colors
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beige, turquoise. Twin- or full size,
V PENNEY'S STREET FLOOR
F
0
R
I Terrific -v crib
1 speciaM ma,,ress l
?ss Penney s Meuanlne Floor sa
m. 1 jr m I) " ' I . ' m for morel Close-tutted linttree Avisco rayon on coi-. r
f t II V ' i I ' v m ton; machine washable at. medium setting. Colors M m U
i ,1 . 'tSfDill ' 8 ' :'. ViSHf ' - ' ' L - SN: galore-white, pink, spice brown, sun gold, rose, lilac, ll
I fa Si t m i v Km s r II Xs. Tw'n or ful1 m R Jf
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' "11 r 1 rkildrAn's. Men's. Bov'. Women's J ..jt'4f ; : V &fcJ&&m
SPECIAL BUY! COTTON
MID-CALF SLACK SETS
; Penney's Anniversary celebration keeps
your budget In mind with Its terrific collec
tion of sportswear setil Slim mid-calf
slacks In cotton ripple cord or lateen .
print tops In cotton percale. Sizes 3 to 6x,
7 to 14. If..-.: - v ;: V; .'-:- ..
$11 99
u
Complete
Set Only
PENNEY'S MEZZANINE FLOOR
Compare! Women's & Misses
TAPERED OR
MIDCALF SLACKS
Anniversary Savings Prices for Spring's
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patterns, Sizes 8 to 18.
PENNEY'S
Children's, Men's, Boys', Women's
Rugged Canvas Footwear
Compare these thick moulded rubber soled com
fortable casual shoes for the entire family. Chil
dren's come in blue, women's in white,' blue, beige
pnd loden. Men's and Boys' oxfords or Hi Tops
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Here's why: Super sturdy duck uppers with ven
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sanitized for freshness, everything.
MEZZANINE
FLOOR
n 77
All at . . .
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$599
PENNEY'S STREET FLOOR
pair
ANNIVERSARY PATIO SPECIAL!
FOLDING PADDED CHAISE HAS
5 POSITION BACK ADJUSTOR!
Imagine! All the extras you look for in patio furniture now at an
amazing low price! Sturdy, lightweight aluminum tube frame! Double
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SPECIAL!
14
88