05.03.2013 Views

Sep 1978 - On-Line Newspaper Archives of Ocean City

Sep 1978 - On-Line Newspaper Archives of Ocean City

Sep 1978 - On-Line Newspaper Archives of Ocean City

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

B<br />

h<br />

h i<br />

d b<br />

d<br />

M<br />

§<br />

o<br />

a<br />

b A<br />

o<br />

a b<br />

d w<br />

ft<br />

d<br />

i<br />

III<br />

PAGE 6 — SECTION TWO OCEAN CITY (N.J.) SENTINEL-LEDGER FRIDAY, SEPTEMBER 22,<strong>1978</strong><br />

'Invest' sounds riskier than 'save<br />

L<br />

Mutual funds touted as 4 an attractive vehicle for investing'<br />

Most people realize they must Company, sponsor <strong>of</strong> six investment goals are similar, market, individual companies<br />

"do something" with their mutual funds with assets in and in turn invests this money and the state <strong>of</strong> the economy.<br />

money in order to beat in- excess <strong>of</strong> $600 million, says that in a wide variety <strong>of</strong> securities. Price movements, earnings,<br />

flation. Yet the term "invest" too few people fully understand Ihe selection, purchase and management developments,<br />

scares many people. Maybe it how the market works or have sale <strong>of</strong> individual securities by banking reports and accounting<br />

just sounds riskier than the resources to diversify their the mutual fund is under the practices on the hundreds <strong>of</strong><br />

"save."<br />

investments. That's why continuous supervision <strong>of</strong> individual company stocks<br />

According to the president <strong>of</strong> mutual funds are such an at- pr<strong>of</strong>essional investment which make up the fund port-<br />

a major mutural fund complex, tractive vehicle for investing. managers.<br />

fioloios must be updated and<br />

pr<strong>of</strong>essional money "People are intimidated by Fund managers take into evaluated on a daily basis. In<br />

management "<strong>of</strong>fers the the insider talk <strong>of</strong> investing — consideration a tremendous addition, fund managers are<br />

person who doesn't have the terms like price-earning ratio, amount <strong>of</strong> data about the stock constantly seeking better in-<br />

time or the temperment to debentures, technical<br />

study investments, the ability corrections, maturities, return<br />

to conveniently participate in on investment, etc.," admitted<br />

more than 25,000 different Schellenger. "However, the<br />

securities available for pur- mutual fund concept allows<br />

chase on the organized and people to 'hire' a money<br />

over-the-counter stock manager to keep track <strong>of</strong> all the<br />

markets."<br />

market variables that effect<br />

James P. Schellenger, their investments."<br />

president and chief executive A mutual fund is a company<br />

<strong>of</strong>ficer <strong>of</strong> the Philadelphia- which combines the investment<br />

based Delaware Management dollars <strong>of</strong> many people whose<br />

NOTICE<br />

If you are presently about to install or increase<br />

your electrical service, please call....<br />

SMITH - CORSON<br />

Electrical Contractors<br />

No. 4217-A<br />

399-2248. 927-7559<br />

to obtain your<br />

rnrr METER<br />

Mitt SOCKET<br />

(While Supply Lasts)<br />

CASH FACTORY<br />

REBATE!<br />

• Deluxe 20.8 cu. ft. no-frost refrigerator-freezer<br />

• Adjustable door bins • Reversible doors •<br />

Twin see-thru crispers D Covered dairy bins •<br />

Rolls-out on wheels. Mode| CTF21GW<br />

JUST... *575 00<br />

it Lot <strong>of</strong> AppUanceftn-Hmr Monty<br />

PLUMBING & HEATING)<br />

7M WEST AVENUE UAL 399-f»7S<br />

vestment opportunities by<br />

reviewing hundreds <strong>of</strong> portfolio<br />

possibilities. Besides blending<br />

the past experience' with the<br />

present expertise <strong>of</strong> individuals,<br />

sophisticated<br />

computerized systems are used<br />

to help interpret the constant<br />

stream <strong>of</strong> information which<br />

flows into the Delaware<br />

Group's <strong>of</strong>fices.<br />

Schellenger noted that<br />

Coast Guard Auxiliary report ,<br />

Trailering boats is a convenience,<br />

but precautions should be taken<br />

Trailering your boat to your<br />

favorite waters can produce<br />

unforgettable, rewarding experiences<br />

— or monumental<br />

headaches.<br />

The differences, says the U.S.<br />

Coast Guard Auxiliary, lie in<br />

precautions and common sense<br />

techniques when towing your<br />

vessel.<br />

Every fisherman, every<br />

boater dreams <strong>of</strong> exploring new<br />

waters either nearby or some<br />

far-<strong>of</strong>f spot. A trailerable boat<br />

makes possible such pleasant<br />

discovery on almost every<br />

outing. But safety begins in the<br />

driveway, not at the dock.<br />

To the land-locked boat<br />

owner, trailering behind the<br />

family car puts within easy<br />

reach those favorite boating<br />

waters. But alpng with that<br />

nomadic itch that hits all boat<br />

owners at one tune or another<br />

comes some unusual problems<br />

Cor the trailer boater. However,<br />

these hurdles are easy to<br />

overcome with good planning.<br />

Making certain your boat is<br />

properly secured on the trailer<br />

is most obvious. All lines and<br />

tie-downs should be inspected.<br />

The winch line should be<br />

checked for tightness and the<br />

lock positively engaged. Crisscross<br />

the safety chains.<br />

The boat should be properly<br />

balanced on the trailer, with<br />

most <strong>of</strong> the weight over the<br />

wheels, and a slight balance<br />

toward the car, with 10 percent<br />

<strong>of</strong> the total weight on the trailer<br />

hitch. A weaving trailer usually<br />

indicates the boat is not<br />

balanced.<br />

The wise skipper lubricates<br />

all moving parts on the trailer,<br />

before a lengthy trip. Wheel<br />

bearings can be a problem.<br />

They should be repacked with<br />

grease anytime they are<br />

dunked. When launching, it is<br />

not always possible to keep<br />

wheel bearings out <strong>of</strong> water,<br />

but their life can be extended by<br />

avoiding dunkings, especially<br />

$O79<br />

°Bal.<br />

CoavMetfetaUs<br />

avaUsMs<br />

la ear stars.<br />

SHORE HARDWARE<br />

& AUTO PARTS<br />

515 Shore Road (Rt 9)<br />

Somers Point •927-6464<br />

• OPEN*<br />

Mon. • Sat 8 a.m. - 6 p.m.<br />

Sunday 9 a.m. - 2 p.m.<br />

Canvas tops are less likely to<br />

be torn or damaged if lowered<br />

and secured. The same applies<br />

to antennas.<br />

An excellent precaution is to<br />

periodically pull <strong>of</strong>f the road<br />

when towing a trailer. Make an<br />

inspection. See that everything<br />

is riding correctly. Check wheel<br />

hubs for signs <strong>of</strong> overheating.<br />

Make sure all trailer lights are<br />

operating correctly, including<br />

directional and brake lights so<br />

urgent in fast-moving traffic.<br />

Social Security<br />

Editor's Note: Your<br />

8odal Security <strong>of</strong>fice at<br />

Pennsylvania and Pacific<br />

aves. in Atlantic <strong>City</strong>, will<br />

answer all your questions.<br />

in salt water.<br />

For more personal replies,<br />

Slipping the boat <strong>of</strong>f the<br />

write or visit the <strong>of</strong>fice, or<br />

Other precautions: Make<br />

trailer and into the water<br />

call 800-27M1U.<br />

certain fuel tanks are tightly<br />

without the drain plug installed dosed and secured. <strong>On</strong> long<br />

is a common fault. Next, trips transport the tanks empty Q. I pay a monthly premium<br />

perhaps, is backing trailer and and fill them on arrival. Out- for Medicare hospital in-<br />

car too far down the l h i g board motors should be raised surance protection because I<br />

ramp, <strong>of</strong>ten requiring a rescue and locked in a tilt Bumps and didn't have enough social<br />

tow from a local wrecker truck. chuckholes could do real security credits to get it. I also<br />

These are accidents difficult damage, possibly even dislodge have the medical insurance<br />

to laugh about, but are minor the engine from the transom. part <strong>of</strong> Medicare and pay the<br />

compared to what can happen Proper tire inflation may monthly premium for it. Can I<br />

on the highway. To avoid save a blow-out or excessive drop the medical insurance?<br />

serious m<br />

safety precautions to beare<br />

almost impossible to find in c«nnot^esu*er^jDur<br />

religiously taken before leaving a small town, more so in the<br />

home.<br />

middle <strong>of</strong> the night.<br />

OFFER<br />

When you buy 2 ggallons<br />

<strong>of</strong>nEStMBlI<br />

iLjmtmM>» 8nd d tf tfra<br />

niSJIUHC Pr<strong>of</strong>essional AntJ-fteeza Tester<br />

PrestonelT i—^<br />

T security numbers for filingpurposes.<br />

Is this practice legal?<br />

A. Some non-government<br />

organizations use social<br />

security numbers for recordfceeplhg<br />

purposes. Such use<br />

is neither required nor<br />

prohibited by Federal law.<br />

Knowing your number,,<br />

however, does not allow these<br />

organizations to get information<br />

from your social<br />

security records.<br />

Q. I just got married a few<br />

weeks ago. Does my marriage<br />

have any effect on my SSI<br />

payments?<br />

A. A change in your marital<br />

status could affect the amount<br />

fflt«teu<br />

insurance without losing your notify a social security <strong>of</strong>fice<br />

hospital insurance too. promptly. The people there will<br />

However, you can cancel your tell you how your marriage<br />

hospital insurance and still affects your payments.<br />

continue your medical in- Q. What other dependents<br />

surance.<br />

besides children may be<br />

Q. I recently applied for an eligible for benefits on a<br />

auto loan from a finance disabled worker's record? '<br />

company. -The person who took A. In addition to disabled,<br />

my application asked for my children, unmarried children<br />

social security number. I didn't under 18, and children between<br />

want to give it to her, but she IB and 22 who remain un-<br />

said the company uses social married and in school, other<br />

dependents that may qualify<br />

for benefits include a wife at<br />

any age if she has a child under<br />

18 or disabled in her care<br />

Johnson honored getting benefits on your, the<br />

worker's record; a husband or<br />

Glenn Johnson <strong>of</strong> <strong>Ocean</strong> dry wife age 62 or older even if<br />

there are no children getting<br />

has been recognized for outstanding<br />

achievement as a benefits.<br />

Field Director by General<br />

Business Services, Inc., a<br />

national small business<br />

counseling firm located in<br />

Rockville, Md.<br />

Johnson was recognized out<br />

<strong>of</strong> a possible 1,009 GBS Field<br />

Directors for distinguished<br />

performance in counseling<br />

small businesses in the Cape<br />

May County area. Johnson has<br />

been with GBS since 1973.<br />

General Business Services,<br />

me., is the nation's largest<br />

consulting firm specializing in<br />

small business with affiliates in<br />

all SO states. GBS Field<br />

Directors are pr<strong>of</strong>essionals<br />

trained in small business<br />

management providing a<br />

variety <strong>of</strong> financial<br />

management services such as<br />

recordkeepina systems, income<br />

tax preparation, tax pi«nn:•.... .."...'...<br />

Alexander Smith's Premier IX, Commercial<br />

Patterns Great for the Active Rooms <strong>of</strong><br />

Your Home or Store<br />

Trend's Rare Elegance, Trend Quality<br />

Approved Nylon-Polyester Bland,<br />

Dense Saxony Plush<br />

Bigelow's Royal Parquet, 100% Nylon<br />

Scotchgard, A Beautiful Small Pattern<br />

Saxony Carpet...Of Course It's Scotch-<br />

$fi99<br />

HO.<br />

$10.95<br />

$17.95<br />

$le.95<br />

$12.98<br />

warded, 7 Colors $12.95<br />

• SM •» ess esi en •• M est esi sssi • PARTIAL USTINO<br />

NO-WAX VINYL<br />

GAF's Ultra. No-Wax 6 ft. wide sheet vinyl In several<br />

discontinued patterns. R^. $ 9,95 gq, yd.<br />

Our Low Price $ 4.99 sq. yd.<br />

SatoPric* $ 2.f9tq.yd.<br />

GAF's Foomcr<strong>of</strong>t. First Quality. 12 Patterns. 12 ft.<br />

width for seamless installation.<br />

Reg. $8.99 sq.yd.<br />

Our Low Price $ 7.99 sq. yd.<br />

Sol* Pric* $ 9.98 sq. y*f.<br />

Odd Size Pieces <strong>of</strong> Famous Maker Vinyl Flooring, Ideal<br />

for Foyers and/or Cabinet <strong>Line</strong>rs.<br />

SatoPric*) $ S.OOEach<br />

s•• ess SBBSB nan eaSMen saass si PARTIAL USTINO<br />

CERAMIC TILE<br />

Odd Lot Ceramic Wall Tile. Values to $1.75 sq. ft.<br />

Sale Prix* $.49 sq.ft.<br />

Odd Lot Ceramic Floor*. Value* to $1.98 sq. ft.<br />

Sal«Prics> $ ^9 sq.ft.<br />

1 • PARTIAL USTINO<br />

FLOORING TILE<br />

1st Quality GAF 12" x 12" Embossed Smooth Surface<br />

Tile. Special Truck Load Purchase on Discontinued<br />

Patterns.<br />

Plain Bock Reg. $ .39 sq. ft.<br />

Super Solo 9 .?«sq.ft.<br />

CARPET, TILE AND FLOORING<br />

HAND AVL 4 THf RAtUOAD, CAPf MAY COUtT HOUSE<br />

SAII mmtk m. f li t; SAT. t '* s; sun. f • HI J<br />

Sura Stick Reg. $ .45 sq.ft.<br />

Super Sol* $ .2Stq.lt.<br />

PAITIAl USTINO<br />

PAGE 7 — SECTION TWO<br />

We have one <strong>of</strong> the best road.<br />

health care systems in the Of the billions<strong>of</strong> dollars spent<br />

world, with advanced each year on health care;<br />

technology and wonder drugs at however only two percent is<br />

our disposal.<br />

spent on preventive health<br />

So why are millions <strong>of</strong> .programs. Two percent.<br />

Americans still dying from I'm not saying that we should<br />

heart disease, diabetes and abandon our search for cures to<br />

stroke? These are the same diseases such as cancer or<br />

major causes <strong>of</strong> death that diabetes. I Just think it is im-<br />

plagued Americans decades portant to stress the value <strong>of</strong><br />

ago. Why?<br />

preventive medicine.<br />

Consider the fact that most In fact, I am so sure that<br />

people don't think about their preventive medicine is the<br />

health until they no longer have direction our health care should •<br />

it. That's the bottom line here, follow in the future, that I<br />

lake a simple thing to control strongly supported legislation<br />

like hypertension. Hyper- to channel $40 million dollars to<br />

tension is a major cause <strong>of</strong> New Jersey preventive<br />

heart disease which killed over medicine over the next three<br />

27,000 people in New Jersey years.<br />

alonelast year. Or diabetes and The Human Resources<br />

influenza pneumonia, which Committee, which I chair, has<br />

were responsible for 3,000 developed a solid disease<br />

deaths in our state.<br />

prevention and health<br />

promotion program which the<br />

These diseases could be Senate will consider in the next<br />

practically eliminated and few weeks.<br />

certainly controlled with The bill earmarks funds for<br />

preventive medicine. If people programs like prevention,<br />

are educated about nutrition immunization and toad-based<br />

Hfe styles, disease symptoms, paint poison control. The<br />

doctors believe many <strong>of</strong> the American public is wisely<br />

major causes <strong>of</strong> death in the turning in this direction, and I<br />

United States could be am confident that the Congress<br />

drastically curtailed.<br />

win recognize both this desire<br />

It is a f g<br />

and the critical need for more<br />

health, not simply ' curing<br />

attention to preventive health<br />

dsease after-the-fact.<br />

care.<br />

We have to adjust our health<br />

Of course, preventive<br />

care priorities, then. Common<br />

medicine is not a panacea, but<br />

sense tfiiff us that every dollar<br />

is is the important first step <strong>of</strong><br />

we spend on disease prevention<br />

health care delivery.<br />

can mean saving hundreds <strong>of</strong> The object — to keep people<br />

dollars in medical bills and out <strong>of</strong> the hospital, ana pot<br />

hospital costs farther down the. them on the road to good health.<br />

Capital comments<br />

By JAMES R. HURLEY<br />

Assembly Minority Leader<br />

The imprisonment <strong>of</strong> a New handle them exactly alike.<br />

York <strong>City</strong> newspaper reporter It has been ~<br />

for refusing to- comply with* time and<br />

rtdrder to sari<br />

he took while investigating a «g&<br />

multiple murder case has<br />

rekindled debate and con-<br />

<strong>of</strong> their findings has unetvered^<br />

troversy over precisely how<br />

criminal activity and govern-<br />

strong the so-called newsman's<br />

mental corruption.<br />

shield law should be.<br />

Such findings were made<br />

Currently, the New Jersey<br />

possible in large measure by<br />

shield law provides that an<br />

informants and sources who<br />

individual eogated in gathering<br />

were willing to divulge in-<br />

news cannot be forced to reveal<br />

formation only under the<br />

the sources <strong>of</strong> his Information.<br />

promise that their identities<br />

The New Jersey law is one <strong>of</strong><br />

would not be revealed.<br />

the stronger ones In the nation<br />

Such safeguards must, to my<br />

and has been recently<br />

opinion, be<br />

broadened to include television<br />

and radio newscasters and<br />

magazine writers.<br />

Additionally, legislation has<br />

been Introduced to prohibit law<br />

enforcement agencies from<br />

obtaining warrants to carry out<br />

a search <strong>of</strong> newspaper <strong>of</strong>fices<br />

and seize notes, photographs or<br />

other materials for use in an<br />

investigation. This bill was<br />

introduced after the United<br />

States Supreme Court ruled<br />

that newspaper <strong>of</strong>fices were not<br />

exempt from such searches.<br />

While the case involving the<br />

New York <strong>City</strong> reporter has<br />

been complicated by<br />

allegations that he made some<br />

<strong>of</strong> his notes available to a book<br />

publisher and permitted the<br />

prosectuion access to them, the<br />

question <strong>of</strong> bow far a<br />

newsman's privilege extends<br />

has not been resolved.<br />

There is, clearly, a need for a<br />

strong newsman's protection<br />

law if the ability <strong>of</strong> the media to<br />

gather information and present<br />

it to the publld is to be maintained.<br />

At the same time, there is an<br />

equally important obligation to<br />

insure that a defendant in a<br />

criminal trial be given the<br />

fairest possible hearing, particularly<br />

when his liberty hangs<br />

in the balance.<br />

Admittedly, these seemingly<br />

competing views must be held<br />

in a delicate balance if the<br />

integrity <strong>of</strong> both is to remain<br />

inviolate.<br />

How to achieve and maintain<br />

this balance is now the task <strong>of</strong><br />

the legislature. In this regard,<br />

the assembly Judiciary committee<br />

recently retained the<br />

services <strong>of</strong> a consultant on<br />

constitutional law to study the<br />

existing shield law and report<br />

to the legislature by next<br />

January on what changes and<br />

revisions would be desireable.<br />

In my judgement, it will be<br />

extraordinarily difficult, if not<br />

impossible, to develop a rigid<br />

statute which would be applicable<br />

and, more importantly,<br />

fair in all cases involving<br />

newsman's privilege.<br />

It seems to me that each<br />

instance in which the confidentiality<br />

<strong>of</strong> source collides<br />

with due process <strong>of</strong> law must be<br />

uandkd on a case by case basis.<br />

No two seem to be exactly alike<br />

and it would be difficult to<br />

rna|nt *fnf*f, but not<br />

at the expense p <strong>of</strong> h » h<br />

the capability <strong>of</strong> an. indivi<br />

charged with a crime to an<br />

adequate defense in a court <strong>of</strong><br />

law.<br />

I am hopeful that the study<br />

which has been lfr!<br />

by the Judiciary committee win<br />

unravel some <strong>of</strong> the constitutional<br />

knots posed by the<br />

interests <strong>of</strong> a free press versus<br />

the right to a fair and impartial<br />

trial.<br />

Invitation<br />

to scouting<br />

An invitation to Join the Boy<br />

Scouts <strong>of</strong> America was issued<br />

recently by Norman Hilton,<br />

Atlantic Area Council<br />

president.<br />

The council Is conducting a<br />

special fall project to make<br />

BSA programs available to<br />

more boys. This effort is known<br />

as "school night to Join<br />

scouting." Hilton is pleased to<br />

have Tom Sweeny <strong>of</strong> Cardiff as<br />

the council chairman for school<br />

night.<br />

The feature <strong>of</strong> school night is<br />

that a school in each community<br />

will be open for the<br />

purpose <strong>of</strong> bringing unit leaden<br />

together with new boys and<br />

their parents. Most communities<br />

in the council will<br />

observe school night on October<br />

S. Specific locations and times<br />

will be released through the<br />

schools and newspapers next<br />

week.<br />

In surveys three out <strong>of</strong> four<br />

boys indicate that they want to<br />

be members. Special attention<br />

is being given to those boys who<br />

have not had the opportunity to<br />

Join. Information about the Boy<br />

Scouts <strong>of</strong> America is available<br />

from the council service center,<br />

3M-11S6.<br />

An organization using the<br />

BSA program agrees to provide<br />

leadership, suitable meeting<br />

place, and program assistance.<br />

Chartered program partners<br />

include the American Legion,<br />

churches, liona, hospitals, and<br />

PTAs. The BSA council wiQ<br />

make help available in<br />

training, activities, camping,<br />

advancement, and health and<br />

safety.<br />

The Atlantic Area Council isa<br />

partldpaUng Agency <strong>of</strong> United<br />

Way.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!