WEDNESDAY. MAY 30.1962 Stock Price Fall Seen As M arke t -Adjustment - Sumen er , Geillegian- I • Subscriptions for' the S ummer ! .s. By DAVE BUNKS. !there is a greater risk in invest - ;Collegian will be sold today and' 'Editorial Editor l ing in stocks than there is in,tomorrow on the Mall, in Boucke ' . The 'sharp decline in the stock b ° ric igi !and on the lietzel Union ground market this week was seen as an , OMAN MACKENZIE. dean co ufloor. The 10 itsues will be mailed adjustment in 'the market itself the college, s hr u gged o ff th e i m _ito the subscriber's home far 50 and not a manifestation of ser-'portarice of the fall but did say.ceats. ious economic problems by sev- that psychologically it could hurt eral members of , the business•the economy of the United States. Administration faculty yesterday.' Both corporations and individi David H. McKinley, assistant :ual consumers could become wary: dean of the College of Businecs:of making new purchases because Administration, 'explained Abe fall of a skepticism over the future I n, 'of the: stock prices as — the%Ken-, 01 the economy. on . nedy spring stock discount'sale."' last He said.the inflationary .spiral , of the stock market had to level' off some time and apparently, now I Other Events was that time_ The post-war 'in-1 nation in most of the basic'corn-1 Chem:Phys Student Council, 7 modities ended years ago, but thel p.m., 217 HUB stock ' market continued to in crease. THE DROP had to come, Mc 'Kinley said, since the average re tuct_per dollar invested in stocks had 'fallen below the amount of return peg dollar on bond: Ac . cording to'-she latest "Monthly Review" publikhed by the New York Stock ExChange, yields on selected industrial stocks were 3.27 per cent while yields on the bes , industrial bonds were averaging i . 4.10 per cent. The gap between the Iwo flg-, tires has been closing recently. . Thus, McKinley said, it person could get a higher return on his money by investing in bon& than • by. investing in stocks. Such a situation is abnormal. A higher return is expected on stocks since SUMMER COLLEGIAN sulT:diptions today and tomorrow 50c, New College Diner Oc . '" BPt.y r _Chances ara l you know that Greyhound tam aro less than any other form of public transportation. What you probably "don't realize" is how, much less. For pleisant surprise, check the money-laving Greyhound fares below. You'll see at aglance why it always pays to insist en exclusive Greyhound Sconieruiser Servlcat.and leave the driving to usl NO other form of public transpbrtatzon has fares so lo*. For examplc Pittsburgh Washington 0.. wai KU Stwand trip $11.44 Ow. war KU Aiwad trip 11 1.41 Harrisburg ' Scranton Oa. way 811.711' tea{ trip 14. N Os* way 15.44 Itaiad trip 0.71 . Philadelphia - •- Easton Opw wiy MN lawarl trip MAO Om way *l.ll Retrial trip If lie 7--Nervi ita Yrk - . Atlantic City daW Way $l.ll 41 trip 114.111 Chla way VA italtaii trip Mill • , Baltimore Alt prices plea radwral Ma 144% N. Atherton Straw* 0 11 ! way $5.21 Retied trip - $5.41- AD 74111 IladiGAGEt you can tad.* may ...tro sot en - • OntyiboutcL 111 yes' peter. eirtil liburNiry fir ettra Map. tai ahead by Getyt!aued PaCkavit Carew Wt t.,.. 01 bort ... and tortspoto lon THE DAILY , COLEMAN. ' UNIVERSITY PARIS. PENNSYLVANIA TOMORROW 5 O'Citxic Theater The final 3 O'Clock Theater NROTC Review production of the term will be Rear Adm. R. W Cavenagh, presented at 515 p.m in the bacr commandant of the Fourth Naval meet of Old Main. The play will District, will present awards to be "Governor and Man," by Peter nine midshipmen enrolled in the Thompson. junior in journalism 'Navy ROTC program -at the Unt- from West Brookfield. Mass. Iversity at a review to be held at, Jazz Club ,1:15 p.m. on the drill field near' , Other Events Wagner. 1 Al Pollon, past president of the La Vie, 1:15 p m., 219 HUB Jazz Club, will moderate a 90- 'Liberal party, 7 pm . 213 111.Tft 'minute show on WDFM. The, Colloquium ' Minerallndustriestries Student Coun 'music played will be a recapitula- - 1 nil. 7 p m., 212 HUB Ition of jazz - at the University in L.A.K. Stavely of Oxford Uni- Undergraduate Student Govern the last tWo years. " - versity will speak on "Recent Ex- meat, 7:30 pm . 203 HUH Memorial Services ; perimental Tests of Mode rn 'World University Service. 9 p m.,. 212 HUB Theories of Non-Electrolyte Solu- ----- -- - --------- - To Honor Atherton tions" 'for the Chemistry Collo.' ~j , Traditional Memorial Day sir-: ell Met d to Post quium at 12.40 p.m. in 302 Whit- rl° l v - e vices will be held at 12:35 P.m Chess Club, 7 p.m.. HUB cardroom more. i Benjamin F Howell, Jr. pro today at the grave site of former :feisor of geophysics and head of University President George W Freshman Customs Bdard,. r p,m.., , the Department ot Geophy I mot and 216 HUB , Geochemettry, was recently elect- Atherton on the north side of Itil film Schwab. . sth Regimental Staff of Pers lung ' nernatona m cd first vice president of the Seis - t' Mlles, 7:00 p.m., 206 Wagner. The International Film Series mological Society of America George Atherton B uck hou . Greek Week Committee, 9 p.m.,'will present "Carnival in Flan-. Howell has been - active in the Bridgeport, Conn.. physician, will!' 218 Huß ders" at 3, 7 and 9 pm. in the socie ty . having served as Arcre place a wreath on the grave of his Liberal Arts Stiident Council, 8:30 HUB assembly room. try and vice pre‘ident grandfather, a Civil War veteran 0.m., 212 HUB and seventh president of the Uni- , B e 8 p.m., 212 HUB - `versity who died in 1'306. 'Spanish Club, 7:30 p.m., 110' Elec.- 1 The Army ROTC Band, the trical Engineering honor guard of Comapny - B/5 Tau Epsilon Phi, 7:30 ..p.ni., 214 Pershing Riflis, an Association of HUB i U.S. Army eolor guard and Dean'Women's Chorus, 8 . 30 p.m., HUB Wharton, president of Undergrad- assembly room mite Student Government, will Zoology _ ___ C1ub,.7:30 p.m, 113 Freer __ .. . also __ participate in the program. li — The Army ROTC Ranger Com pany will fire a salute, and "Taps" 'will be playelk The public Is'irtvited to attend. BIKE - - REPAIRS PARTS ACCESSORIES Western Auto Satisfaction Guaranteed 112 S. FRAZrEA ST. AD 7-78t2 TODAY ON CAMPUS Peasnacips ..: 71 - 7. =OM) WAAL g - \ lot, FOLK, FES'TIVAL AT GROSSINGER'S HOTEL . GROSSINGER, NEW YORK -1 . September 4th to 7th, 1902 Nr ie r vi t ira ui C C i t i f . tr e t ü b e 11; t o I GOY GUITARS 53 W. 23rd S 1:, New York 10, N.Y. CANDIDATES IS THE NIGHT TO SIGN UP POSITIONS AVAILABLE MEETING TONIGHT 7:30 TONIGHT ON ALL STAFFS PHI EPSILON P 1 PAGE THREE
Significant historical Pennsylvania newspapers