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The Daily Times from Salisbury, Maryland • 9
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The Daily Times from Salisbury, Maryland • 9

Publication:
The Daily Timesi
Location:
Salisbury, Maryland
Issue Date:
Page:
9
Extracted Article Text (OCR)

A9 Salisbury, Feb. 4, 1979 THE SUNDAY TIMES Pascal Asks Extension Of Marina Ban New Boom Develops In Money Market Mutuals fade a bit this past week, Exchange market value index however. was down 3.10 at 159.25. Big Board volume averaged The New York Stock Ex- 26 94 million shares a day. down change composite index lost 1.20 (rom 30.38 million the week to 55.79.

and the American Stock before. "a 3 ufrjfc'ni. WILSON FUNERAL HOME Successors WALLACE FUNERAL HOME OCEAN CITY RD. PHONE 749-5206 DEALER Levin ft. Wilton, Lirenurd Funeral DirvrlorA Emhalmer 2T By CHET CURRIER AP Business Writer NEW YORK (AP) The same intense concern over interest-rate trends that has dominated stock-market investors' thinking of late has helped foster a new boom in money-market mutual funds.

These funds, which invest in short term interest-bearing securities such as Treasury bills and bank certificates of deposit, have attracted record inflows of money in recent weeks. Many of them made their appearance during the 1973-74 surge in interest rates, as investors became aware that these investments had reached the point of yielding more than such traditional vehicles as savings accounts. Donoghue's Money Fund Report, a Holliston, newsletter which tracks developments in that segment of the mutual fund industry, reports that assets of the money funds were growing at a $600 milliona-week pace in mid-January. The previous record for a single week had been only half that, said the report's publisher, William E. Donoghue.

Through the first 24 days of January, he said, the funds had a net inflow of $2.2 billion. Merrill Lynch Ready Assets, 'sponsored by the nation's largest brokerage house, has surpassed the $2 billion mark in net assets, making it one of the largest funds the industry's history. For all of last year, according to the Investment Company Institute, the money funds as a group showed a net increase of $6 billion, bringing their total assets to a record $10.2 billion. Donoghue said the 64 funds he monitors opened 300.000 new accounts during the year. The attraction, of course, is the current high level of yields offered by the funds from just under 9 percent to more than 10 percent in many cases.

Should money rates decline substantially, that attraction would presumably be reduced. Investors' hopes for an impending downturn in rates seemed to TENNESSEE MAKES IT ON HIS (IWN. Tenin-ssre, a Kiraffe. Hh it broken Icr in a fiber Klass cast. slruKKlrs In his feel oil I he Kiiiuiiils lit I.

inn t'niiiitry Safari near Irvine. Calif, Tennessee, named for Ins hirdiplaee, became mired in Hie mud in the park duniiK a rainstorm and as he maneuvered to free himself. Ir-vvisled and fractured the bone in his left leg. AP l.aserphoto) ANNAPOLIS (AP) A 90-day extension of the temporary ban on marina construction in Anne Arundel County has been requested by Robert A. Pascal, county executive.

The extension by the County Council is needed to give more time to a study group drafting legislation on marina development controls, he said. That legiskation would put controls on marina development in the county' creeks and coves. The it-month moratorium, adopted last April by the County Council, will expire March 17 unless the extension is approved. It was inspired by a proposal to build a 937-foot marina on a former beach club tract on the Magothy River. Kennth A.

Patrick, developer of the planned marina, ran into obstacles that kept him from reaching the county permit stage. In addition, community opposition to the plan has held up a permit Patrick needs from the Army Corps of Engineers. Another proposed marina, on Bodkin Point near the mouth of the Patapsco River, also met strong community opposition. William C.Edmonston, study group chairman, said the organization expects to present its pnropsed legislation by March 15. End Sought To Cambridge Work BALTIMORE (APi The Baltimore district of the Army Corps of Engineers has requested an end to a long-delayed channel dredging project at the Cambridge port.

Col. G. K. Withers, Baltimore district engineer, asked the North Atlantic division engineer to stop the project because the contracted dredging firm has been unable to do the job. Withers also has agreed to review environmental objections to a selected spoils site.

Service Schedules Kenneth J. Pusey Sr. Today at 2 p.m. in Dennis Funeral Home. Snow Hill; burial in Christian Cemetery, Snow Hill; friends may call at funeral home today from noon to 2 p.

m. James Edward Ranshaw Today at 2 p.m. in Hinman Deaths Funerals NORMAN T. BAKER GERALD C. BOUNDS Services Set Monday For A.

P. Isakson J1iere cost is the Fa ily 's dec is ion Since W7 j. Mae Morris Brittingham. He retired in 1973 as a machinst with the Laurel Manufacturing Co. Surviving are his wife.

Martha Truitt Brittingham; two children, Rosie Mae Lewis, Willards, and A. W. Brittingham Lilburn, seven grandchildren; one great grandson; a sister, Sarah Baker, Pittsville. and several nieces and nephews. Friends may call at the funeral home Monday from 7:30 to 9 p.m.

and on Tuesday from 1 to 2 p.m. mkzz Hill-Kaker-Kounds FUNERAL HOME 744-32M Louise Hill Norman Bakw Oeiald Bounds DELIA L. COX Delia L. Cox of Levin Dashiell Road died in Peninsula General Hospital Medical Center Friday after a brief illness at the age of 75. Born in Queen Anne's County, she is survived by three daughters and sons, including a daughter, Mrs.

Betty Brown of Levin Dashiell Road with whom she had made her home. She was the daughter of the late George and Clara Seney Alexander. The other two daughters are Mrs. Mildred Williamson of Federalsburg and Mrs. Marie Michael of Baltimore.

Robert B. Cox of Frederick, and Edward A. Cox of Columbus, are her sons. Also surviving are a brother, William Alexander of Salisbury; 16 grandchildren; 17 greatgrandchildren; and several nieces and nephews. A viewing will be held in the Messick Funeral Home in Bivalve from 7.

until 9 o'clock tonight. Funeral services will be held there Monday at 2 p.m. with the Rev. Herbert Gladden officiating. Entombment will follow in the Wicomico Memorial Park.

MRS. MARY W.BIVENS Funeral services will be held Tuesday al 1 p.m. in St. Mary's Baptist Church at West Postof-fice for a member. Mary Wright Bivens, 64.

of near Eden. She died Friday in the Peninsula General Hospital Medical Center after a short illness. The Rev. John Ringgold will officiate. Interment will be in Backbone Cemetery, Eden.

Born in Eden, she was a daughter of the late James and Mary Moore Wright. She was a retired employee of Green Giant, here she had worked for IS years. Surviving are her husband, Glenmore J. Bivens Sr and 10 children. Sarah Fcnner, Lillie Mae White, Salisbury, Mary Dayman, Forestville, Arenthia Bivens, Fruitland, Spec.

l.C. Harry. Wright, Ft. Bragg, N.C., Thorns Wright, Minneapolis, Charles and Kenneth Wright, Philadelphia, Glenmore J. Bivens Detroit, and Orlando James Bivens, Eden.

She also leaves 41 grandchildren; two great grandchildren; two brothers, Gilbert Wright, Camden, N.J., and Harrison Wright, Eden, and several nieces and nephews. Friends may call at the Jolley Funeral Home Monday from 7 to 9p m. KEEPEIIS I AT LAST! An ELECTRONIC replacement ror your mechanical posting Funeral Home, Princess Anne; burial in Beechwood Cemetery, Princess Anne. machine! 701 S. Salisbury Blvd.

Salisbury, Md. MRS. VIRGINIA E. SHORT LAUREL Virginia E. Short, 71, of Laurel, a retired practical nurse, died Saturday in Nan-ticoke Memorial Hospital, Seaford, after a long illness.

Bom here, she was a daughter of the late George and Lulu I learn Ellis. She was a member here of St. Philip's Episcopal Church. Surviving are her husband, Daniel J. Short; a daughter, I.ynne S.

Mason, Loch Haven, two grandchildren; two brothers, W. Ileil Ellis, Dover, and Frank G. Ellis, Laurel; a sister, Helen Strasser, Laurel, and several nieces and nephews. Funeral services will be held Monday at 11 a m. in St.

Philips' Church with the Rev. Albert Peters officiating. Interment will be in Laurel's Odd Fellows Cemetery. The family suggests that, as a tribute to the memory of the deceased, contributions may be made to the American Cancer Society, Depot Street, Georgetown, Del. 19947.

Arrangements are being handled by- the Windsor and Disharoon Funeral Home here. CORRECTION Two children of James Edward Ranshaw were inadvertently omitted from his obituary in Saturday's paper. They are Louise Cooper and Sam Ranshaw, both of Anniston, Ala Before you buy a monument from a dealer who has to pay a salesman's commission shop and compare the "sale" price of others to our regular price! DON'T BE PRESSURED-SEE US SAVE We offer FREE insurance on all monuments. SALISBURY MONUMENT CO. STORE HOURS: TUES.

mo. 8 A.M. to 9 P.M. FRI. St SAT.

8 A.M. to 10 P.M. A. W. BRITTINGIIAM SR.

DELMAR Funeral services are scheduled Tuesday at 2 m. in the Holloway Funeral Home, Salisbury, for Arthur W. Bnt-tingham 71, of Delmar. He was dead on arrival Friday at Peninsula General Hospital Medical Center after being stricken at home with an apparent heart attack. Olliciating will be the Rev.

Herbert Gladden. Interment will be in Riverside Cemetery, near Powellville. Born in Parsonshurg, he was a son of the late John G. and Lillie Family Owned and Operated The A4 Electronic Numeric Accounting System oSiveUi 742-1821 S. J.

DISHAROON Will St. Isabella A re Yo A Ve teran SHORE BUSINESS MACHINES, inc. 1 Phent 546-1602 Phone 856-6739 Salisbury, Maryland Wl Seaford, Delaware i6 FIRE CAN STRIKE AT ANY TIME! DON'T LET YOUR VALUABLE REFERENCE FILES GO UP IN SMOKE! f)ID YOU KNOW thai Springhill Memory GcrdVna has an rxrluMw Vrlrrana Section, dedicated to and for the interment of Veterans and their families DID YOI' KNOW that SprinRhill Memory Gardens has Pre-Nerd Veterans Memorialiiation Plan that no only offers you substantial savings but also jrivea you complete protection for your children. Any information or inquiries furnihrH without obligation. THIS PRIKiH IS MIT HNsM KO OR JIVSKCTKO 1M OIY MNfcR miTH GOVERNMENT.

It.TERSNS' iMiEMM OR OTHER OHGAV IIATION. SprinRhill Memory Gardens N. Bld. at F.dcemorc Ave. Telephone 749-1411 Funeral services will be held al the Knlloway Kuneral Hume Monday for Alfred I'.

"Buddy" Isiikson, 47, of Zion Koad, who died of an apparent heart attack l-Viday. Isakson, president and co-owner of the A. P. Isakson Inc. pipeline contractors company, was pronounced dead at the scene of a one-car accident on Zion Road about 8 a.m.

Born in Hoanoke. he was the son of Gertrude day Isakson and the late Axel P. Isakson, the company's founder ho died in IH73. In addition to his mothej-, Isakson is survived by his wife, Donielle; a daunhter and son, Deborah Ann and Andrew Patrick, all of Salisbury; a sister. Jean G.

Bartmg. also of Salisbury; two step daughters. Itita K. Baghy of Baltimore, Joyce Keenoy of Dclmar; one step son. Michael Campbell of New York City; six slep grandchildren, and several nieces and nephews.

An Army veteran of the Korean Conflict, Isakson was a drummer who had performed with several orchestras and musical groups. He was a mem-Imt of the Musicians' Onion and Hie American Federation of Musicians, Local 44. He also had received several awards for his artistic paintings. Services will begin at II a.m. Monday wilh the Kev.

Lewis Mi Kinney, pastor of the Allen Memorial Baptist Church, officiating Cremation will follow. Friends may call from 10:30 until II a m. The family suggest that, as a tribute to the memory of the deceased, donations may be made to the Eastern Shore Ik-art Association. GKOKCKTOWN Funeral services for John Maurice Miller Sr 71. of near Georgetow will be held Monday at a m.

here in tlie Esham Funeral Home Miller was dead on arrival Friday at Millord Memorial Hospital He had been in failing health for sometime. Interment will be here in I'nion Cemetery. He retired in 1973 as a mail clerk at the Dover Air Force Base Miller was born in Maryland, a son of the lale ITiarles V. and Elizabeth Lobell Miller He was a member here of Franklin Masonic Lodge 12 and had been Master of the Lodge twice. Surviving are his wife.

Marguerite Sammnns Miller; a son. John M. Miller Georgetown; three grandchildren and. a brother, C. Louder Miller, Wilmington.

Friends may call at the funeral home tonight from 7 to 9 o'clock. A Masonic memorial service will be held at 8 o'clock. STEVEN HIRAM LASHER MILLSBOKO Funeral services will be held today at 1:30 pm. here in the Watson and Gray Melson Funeral Home for Steven Hiram Lasher, 29, of liwrenceville, N.J., formerly of Millsboro He died Thursday at the Helene Fuld Medical Center, Trenton, N.J., of an apparent heart attack. Interment will be in Millsboro Cemetery.

Lasher' was a public accountant with Miller Cohen and Co. in Trenton. Surviving are his parents, Mr. and Mrs. Hiram Lasher, Millsboro; six brothers and sisters.

Douglas N. Lasher, Auburn, H. Dennis and Michael C. l-asher, Michelle B. Lasher, Millsboro, Sandra Groden.

Landover, and Denise H. Lasher, Tampa Bay, paternal grandfather, Nelson F. Lasher. Hyde Park, N.Y., and maternal and, Mrs. Leroy VanYlierden, Dagsboro.

Friends may call at the funeral home today from 12:30 to 1:30 pm. The family suggests that, as a tribute to "the memory of the deceased, contributions may be made to Delaware Heart Association. Independence Mall, Wilmington. PROTECT YOUR RECORDS ON MICROFILM AND SAVE SPACE T00I MICROFILMING SERVICE CO. of DELMARVA ONE PLAZA EAST SALISBURY PHONE 301 -749-1 885 HOW WELL DO BUCK STOVES Well, a recent owner survey uncovered the fact that 96 of the owners surveyed used their Buck Stove as their primary heat source.

Doesn't that tell you something? Another interesting fact came to light during this survey. Of all the really great reasons for buying a Buck Stove, (like saving 50 to 80 on your heating bill, as a majority of our customers do), fully 48 of the customers surveyed listed outstanding quality as their number one reason for buying a Buck Stove. Of course, this didn't surprise us. Ue know all about that quality, which is why we can conditionally guarantee your Buck Stove for the lifetime for, the original owner. Buck Stoves are safe and easy to install, too.

These all steel, heavy duty stoves meet the strict safety standards set by the IS EPA and Underwriters Laboratories. And every Buck Stove dealer has trained, certified installers to assure you of the safest, most effective installation. Or you can do it yourself. Because energy grows on trees (and money doesn't) Buck Stove is the sensible alternative for the American homeowner. (Available in 4 sizes for installation in your fireplace or as a freestanding unit).

Find Comfort in a friend like mmmmm-im HOSPITAL BEDS WHKH (HAIRS CRUTCHES WALKERS. COMMODES BRACES A TRUSSES BREATHING MACHINES SURGICAL HOSE (WHIRLPOOL B4THS Located in the Ames Shopping Plaza AZA So. Salisbury Blvd. lllieAtt 749-8401 Ullll-J 1- 7 J-- -rz r' v-'." Wry "TIP I -1-Hr. R.

Samuel Smack "Sam" is always willing to assist you, your family and friends in a helpful, courteous manner. He's reliable like a friend. HOLLOW AY FUNERAL HOME Professional Association Snow Hill Rd. Schumoker, Solis. 742-5141 IBlUCII.irVIE STTME 2 Miles S.uth of liur.1.

Iel. III. 1.1 Phone Open Mondav-Satiirdav lll-n Niuht Siindaw Uv Vinintiii-nt.

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Pages Available:
1,022,121
Years Available:
1923-2024