The Times from Munster, Indiana • 3

THE HAMMOND TIMES Friday, November 23, 1960 Region Obituaries It Happened in Illinois Thanksgiving Mishaps Kill 4 in Illinois I'ntrd Trent Intrrntdloniil Accidents claimed at least four lives in Illinois over the SOhour Thanksgiving holiday, A single car-truck crash claimed the lives of three college students returning home Wednesday night for the holiday. A young boy burned to death in a grass fire in the back yard of his home. Elmer Hershman Elmer Hershman, 83, of 5015 Columbia died Wednesday in St. Margaret Hospital He is survived by a son, Clayton of Lorcncc, a granddaughter and two grandsons. Services will be held Saturdny at 1.30 p.m.

in the Jackson Funeral Home, Rensselaer. Burial will be in Rensselaer. Mr. Hershman. a retired watchman for the Monon Railroad, died of burns suffered in a kitchen accident at his home Monday.

He had spilled some boiling liquid on himself. Paul L. Van Norman Paul L. Van Norman, 20, of 768 Grecnbay Calumet City, died Wednesday at Billings Me v. Reigning in Namcd-lIisa International morial Hospital, Chicago.

Mr. Van Norman is ci 1 by his parents, Mr. and Mrs. Lor-jMrs. Anna 5kel0 ence Van Norman; a sister.

Helen; Mrs. Anna Skebo. 89, of 4435 three brothers. Vernon, Donald Olcott East Chicago, died events at the International Livestock Exposition in thicago, Carol Sue Alter. 17.

of Terre Haute, pets one of the first show arrivals. It is a polled Dorset sheep owned by Oklahoma State University. The show opened today. International Slock Show Opens Today Calumet Mrs. Goldie Zeiss Mrs.

Goldie Zeiss, 78, of 6641 Madison Hammond, died today In St. Margaret Hospital. She is survived by her husband. William, and several nieces and nephews. Funeral services will be held Monday at 1 p.m.

in the Clarence J. Huber Funeral Home, 722 165th Hammond, with the Rev. Jack Hyles officiating. Burial will be in Elmwood Cemetery. Mrs.

Zeiss had lived in Ham mond since 1917. She belonged to the First Baptist Church of Hammond. iCeeil E. Madison Cecil Earl Madison, 59, of 3606 Elm East Chicago, died Thursday in St. Catherine Hospi tal.

An East Chicago resident for the past seven years, he was employed by Y'oungstown Sheet and Tube Co. Services will be held in Jasper, on Saturday. Prusiecki Funeral Home, 3831 Main East Chicago, is in charge of arrangements. He is survived by his wife, Maudie: six sons, Earl, Chester, Ralph, Lee, James and Rufus; two daughters, Mrs. Louise Chancelor and Mrs.

Jewel Martin, and 20 grandchildren. Louis Korchidas Louis Korchidas, 72, of 435 Con-key Hammond, former restaurant owner in the city died early today in St. Margaret Hospital after a short illness. Korchidas is survived by his wife, Helen, and two daughters and one son. Arrangements are being completed by the Oexmann Funeral Home, 5713 Hohman Hammond.

Mrs. Flossie Genell LANSING Mrs. Flossie Ge nell, 58, of 2543 Indiana Lansing, died Thursday at St James Hospital, Chicago Heights. Burial will be in Beverly Cem etery, loiiowing 2 p.m. services at the Schroeder Fyneral Home, 3227 Ridge Lansing.

She is survived by her husband, Floyd; two brothers, Edward Er-vin, Lansing and Theodore Ervin, Chicago; and two sisters, Mrs. Matilda Nalon, Riverdale, and Mrs. Mable Waddell, Hammond, Stephen Ban Stephan (Steve) Ban, 73, of 5913 Wallace Hammond, a retired construction worker, died Thursday at his home after a long illness." Surviving him are his wife, Louice; four daughters, Mrs. Rose Bandura. Mrs.

Anna Pauch and Mrs. Katherine Louderback, all of Hammond, and Mrs. Lilian Brockman of Oak Forest, and six grandsons. Mr. Ban, a Hammond resident 52 years, belonger to the May- woodite Society of the Croatian Fraternal Union Local 358 of Hammond, and Local 41 of the Hod Carriers Union.

Services will be held Monday at 10 a.m. in the Mysliwy Funeral Home, 6143 Columbia Hammond, with the Rev. Paul Bogovich offciating. Burial will be in St. John Cemetery, Hammond.

David H. McGraw David Howard McGraw. 20, son of Mr. and Mrs. Mack McGraw, 5616 Alice Hammond, died in Mount Carmel Hospital, Columbus, Ohio, while undergoing heart surgery.

Besides his parents, he is survived by a sister, Elizabeth Ann, and his grandmother living in Columbus. Burial was in Alton, Ohio. of a at of at be the N.Y. Stock Quotations NEW YORK ITU-Stock Mar let Trlcei: Wed. Close Abbot Lb 57'.

Acme Stl IV Admiral 11 Aileg Lud 3oH Allis Ch 45' Alcoa 64'. Am Air 18' 4 Am Can 32 Am Cyan 43H Am 78 Am Mtrs 19'i Am Smelt 56 Am 94' Am SU Fdry 28' Am Tob 60 Anaconda 44H Armour 36 Atchison 225 BiO Bcndix 66 Beth Stl 39't Blaw Kn 291 Boeing 35' Borden 54: Bur'gha 27H Catplr 29 CiO ..60 Chrysler 40'i Cit Svc 46' Coca Col 7Ui Comn Ed 66 Cons Ed 631 Corn Prod 76'i Deere SO'4 Douglas 297 Dow Che 76'4 Du Pont I86V4 Eastman IIIs Elgin ll'i Erie Fairb Mor Firestone 38 i' Ford Mtr 64'i Gen Am Trans 74' Gen Dyna 40i Gen El 76 Gen Fds 66'i Gen Mtrs 414 Glidden 36 Goodrich 50 Goodyear 38 Greyhnd 20'4 Gulf Oil 3p 111 Pwr 57 Inland Stl 40'i Int Harv 43'4 lnt Papr 95'4 lnt TiT 41'i Johns-Mn 55 Kennecot Kresge ...29 Kroger 29 Lib McN 10'i Lockhd 27 Mont 27'i Motorola Nat iBs 72 NIPSCO 61i No 111 Gas 59'i NYC 15i No Am Av Ohio Oil 35'4 Oliver Owens 111 89 Penney 42'i Penn RR 11- Pepsi Col 44 Phelps Dg 46 Philco 18 Phil Pet 53 RCA 56 Rep Stl 524 Reyn Tob 914 Sears 55 Shell Oil 4M4 Simmons Sinclair 36'4 Socony 38 Std Brnds 48! SO Cal 46 SO Ind 44 SO NJ 394 SO Ohio 49 Stauff Chem 50', i Stud-Pack 8'i Swift I 46'4 Texaco 79T4 Un Carb 12014 Un Pac 28 Un Tank 2814 Utd Air 321i US Gyps 100'4 US Stl 72'. West Un 40 WestghsAB WestghsEL 49'4 Woolwor 6914 Yng 891i From Midwest Stock Exchange. Auto Hits Auto, Then Hits Porch The Thanksgiving holiday for Mrs. Caroline Furman of 4947 Indianapolis East Chicago, was marred when a car crashed into the front porch of her house.

The car was driven by Anthony Purazek, 24, of 4917 Olcott Ave. Police said Purazek's car collided with one driven by Fred J. Duncan, 43, of 1202 W. 151st East Chicago, as the two cars approached the Intersection of 150th street and Indianapolis boulevard. Impact of the collision forced Purazek's car to jump the curb and strike the porch of Mrs.

Fur-man's house on the northeast corner of the intersection. No one was injured in the accident and both drivers claimed to have hi.J the green light at the time of the crash. Police, however, charged Purazek with reckless driving and no driver's license. Name Brandt As Candidate For Chancellor HANNOVER, Germany (AP)-The Social Democrats today unanimously acclaimed West Berlin Mayor Willy Brandt as their candidate for chancellor, to run on the most pro-Western platform the party has ever framed. The mayor, 47, was designated months ago by leading Socialists to be chancellor if the party wins next year's national election.

CHve It. He ally Jr. Funeral services for Give Beatty, 51, of 6248 Garfield Hammond, will be held at 1 p.m. Saturday in the Clarence J. Huber Funeral Home, 722 165th Hammond.

Burial will follow in Oak Hill Cemetery. Beatty died Wednesday in St. Margaret Hospital. He was a resident of Hammond for over 30 years and was treasurer of Boy Scout Troop 21. Surviving him are his widow, Lila; one son.

Give R. Hammond; one daughter, Mrs. Mar-jorie De Wolfe, Crown Point; three sisters, Mrs. Betty Mowry and Mrs. Elizabeth Wetland, both of Crown Point, and Natalie Beatty of New Jersey, and his mother, Mrs.

Bessie Beatty of Crown Point. Wednesday at Del Mar Rest Home, Munster. Services will be held Saturday at 9:30 a.m. from the Fife Funeral Home, Indianapolis Blvd. and 142nd St; at 10 a.m., the Rev.

Joseph Semancik will sing mass in Sacred Heart Church. Burial will be in St. John Cemetery, Hammond. She is survived by a son, Henry of Houston, a daughter, Mrs. Cordelia Martinez of Argos, four grandchildren and three great grandchildren.

Joseph Kozlowski Joseph Kozlowski, 73, of 4638 Cameron Hammond, father of Hammond Detective Sgt. Edwin Kozlowski, died today in St. Margaret Hospital after a long illness. Mr. Kozlowski was a retired employe of the Northern Indiana Public Service and a resident of the city 50 years.

Surviving him are his wife, Anna; 11 daughters. Mrs. Violet Bohlen, Mrs. Helen Brzuzan, Mrs. Eleanor Ostapchuk, Mrs.

Rita Schau, Mrs. Emily Percinoff, Mrs. Veronica Kaniewski, all of Ham mond; Mrs. Margaret Trzeciak of Highland, Mrs. Geraldine Puglise of Harvey, Mrs.

Leona Rasala aod Mrs Rosemary Bach, both of Calumet City, and Marian Lobas-ky of LaPuente, Calif. Also surviving are four sons, Edwin, Raymond and Franklin, all of Hammond, and Leonard of West Covina, four sisters, Mrs. Mary Boniec and Mrs. Kath-ryn Kalaczynski, both of Hammond, and two living in Poland. There are 47 grandchildren and three great grandchildren.

Funeral services will be held Monday at 9:30 a. m. in the Ber nard A. Dziadowicz Funeral Home 4404 Cameron Hammond, and at 10 a. m.

in St. Casimir Church with the Rt. Rev Msgr. Stanley Zjawinski celebrating the mass. Burial will be in Holy Cross Cemetery, Calumet City.

Billy Joe Ferguson CEDAR LAKE Billy Joe Fer guson, three-month-old son of Mr. and Mrs. William Ferguson, Route 3, Box 224, Cedar Lake, died on Thursday in St. Margaret Hospi tal. In addition to his parents he is survived by his maternal grand mother, Mrs.

Juanito Jones of Cedar Lake and his paternal grandparents, Mr. and Mrs. Bud Ferguson of Tennessee. Funeral services and burial will be held Sunday in Owensboro, Ky. The Eller Funeral Home, Cedar Lake, is In charge of local arrangements.

Burnham Keeps Car Sticker Price at $3 BURNHAM Village trustees of" Burnham decided Wednesday night to keep the price of auto license stickers at three dollars but considered raising the price of licenses for trucks larger than one and a half tons. Action on the possible truck in-' crease was deferred until a new ordinance setting business license fees is introduced. The ordinance is now being prepared by Village Atty. Robert A. Biederman.

Village Trustee Daniel Marlowe urged a revision in the form of monthly reports to the village board by the police department. After some discussion the other trustees approved Marlowe's sug gestion that arrests for traffic violations be listed in the report along with other calls and arrests now recorded. 40 Million Trees For Yule Cheer! WASHINGTON (AP)-About 40 million Christmas trees will brighten the American holiday season this year, forestry experts 'predicted today. 1. AfTmmiltitr.

Ffeirt'lt-f mont said the estimate includes imports of about 12 million trees from Canada. No estimates were given on re tail prices for the trees. But stump prices," or the amounts paid the growers, reportedly vary from 25 cents for some wild trees to $2.50 or more for plantation-grown trees. Waler Bond Meeting fiiBiirnliain BURNHAM Plans for an ex. tensive water distribution improvement program will be explained to Burnham voters today at a public meeting in Urhanik Hall, 3f4 Torrence Calumet City, at 7.30 p.m.

The proposition will be submitted to voters Saturday. If voter approval Is secured, up to $.125,000 in bonds may be issued to finance construction of a water tower with a capacity of one million gallons, a water main beneath the Little Calumet River and other Improvements that will give the village a single water distribution system. Village officials say the program would increase water pressure in many parts of the village, would reduce the danger of water shortages In hot weather, and would eventually lower the prices paid by consumers. FREE BABY sitting service and transportation to the polling place will be available to voters Saturday. The services are being sponsored by the village officials and can be obtained by telephoning the Burnham fire station at TO-rence 2 9150 or TO rence 2-5893.

Voting will take place at the village hall, 13925 Entre Ave. from 8 a.m. lo 6 p.m. All persons qualified lo vote in regular elections in Burnham are also qualified to vote in the referendum. The water works program was developed by Village President Arthur Blackburn, Village Atty.

Robert A. Biederman and the village trustees after Calumet City raised its water rates early this year. At present Burnham purchases water for the area west of the Little Calumet River from Calumet City and for the area east of the river from Chicago. No mains run under the river and therefore there are two separate water systems in the village. Burnham pays Chicago 16 cents a thousand gallons and pays Calumet City 44 cents per thousand.

Water users on the east side of the river pay the village 32 cents a thousand and those on the west side pay 44 cents. UNDER THE present arrangement residents on the east side bear part of the cost of supplying the west side because the "retail" price on the west side does not include a markup for the cost of distribution and maintenance of the system, according to Biederman. At the meeting tonight details of the proposal will be explained by Blackburn, Biederman, and spokesmen for Raymond W. Robinson Associates, village engineering consultant, and Benjamin Lang, bonding firm in charge of the financial work connected with the bond issue. If the bond issue is approved the reservoir will be constructed on 138th street at the Little Calu met River and a water main will be constructed under the river to join it to existing pipes on the west side of the river.

Biederman estimated the main under the river will cost $87,652, the reservoir $76,000, pump house $78,500, land acquisition $10,000, and engineering $17,000. A SUM of $29,000 would be needed for legal, financial and miscellaneous costs and $26,247 would be set aside as a contin gency fund. Biederman said the figures are maximum estimates and the cost might be considerably less. Bonds would be issued only for the amount actually expended al a probable interest rate of per cent, though the referendum would authorize a maximum interest rate of 5V per cent. The bonds would be retired by a tax rate of about 32 cents for each thousand dollars of assessed property valuation if no residential or industrial growth takes place in the village within the next few years, according to the village attorney.

He predicted new industry will reduce the rate. APPROXIMATELY 60 per cent of the cost would be borne by three railroads which own more than half of Bumham's eight million dollar property valuation, he said. Tax bonds were issued because buyers of revenue bonds at reasonable interest rates could not be found. However, prospective purchas ers of the general obligation tax bonds have said they may be willing in the future to transfer the bonds to a water bill revenue basis at some future date. This would eliminate the tax rate and make it possible to retire the bonds out of water bill pay ments.

it I Chicago Rodeo" to reign over equestrian Auto makers show pkkup trucks with radios and plush seats. Sample trays offer slabs of Wis consin cheese and Iowa sausage. BEHIND THE carnival atmos phere is the seriousness of finding how best and most economically to feed the nation's 160 million people. Representatives of 37 land grant colleges gather along with breed promotion groups to exchange rt- suits of a year's research and plan new projects. One example is an ultrasonic device in use for the first time at the International this year to judge waste fat in animals before they are slaughtered.

DR. JAMES Stouffcr of the Cor nell University animal husbandry department, who developed the high frequency sound wave ma chine, said the device provides a quantitative index of meat in pro portion to fat. Besides assisting stockmen all year around, the device is expected to help eliminate past exposi tion conflicts that arose when the animal judged best on the hoof ranked well down the list of usable meat producers after slaughter. Granls for Research In Cancer CHICAGO HEIGHTS -Michael Guglielmucci, 1207 Halsted Chicago Heights, who 1 chair man of the South Suburban Chapter of the American Cancer Society in Illinois, announced today that a total of $45,598 has been granted for research in Cook County. The granls include: 1.

More than $5,000 to Dr. John J. Ballenger, Evanslon Hospital, for smoke and other air pollutants studies. 2. Almost $10,000 to Dr.

Norman R. Alpert, University of Illinois College of Medicine, for studies on energy sources related to the liver. 3. Dr. Albert M.

Potts. Uni-versity of Chicago, will receive $4,500 for research Into cancer of the eye. Dr. Robert W. Wisslcr.

Uni-versity of Chicago, will receive $10,401 for research on orally administered cancer-fighting drugs. MISCELLANEOUS grants in clude a fellowship of $4,000 to Michael Reese Hospital for train-j ing a pathologist, $2,500 for assistance in the home care service of Mt. Sinai Hospital and a grant of over $4,350 to William F. Wal- drop, director of the speech and hearing clinic at Presbyterian St. Luke Hospital.

In addition, $2,000 was granted to television station WTTW Chan nel 11, to aid the outlet in its non-profit, educational operation. The year grants by the Illi nois Division of the society now total $543,004.20, Guglielmucci added. Mean Thief Steals Fund Money Can A man who stole a Muscular Dystrophy Assn. fund container from an East Chicago restaurant is sought by police. Jim Kapputis, 75.

manager of John's Eat Shop, 3804 Main East Chicago, said the thief entered the restaurant late Wednesday night and talked with two other men. The three left together, Kapputis said, then one of them returned and grabbed the container from the counter. The thief was described as being in his late teens or early 20's and was wearing a plaid jacket with hat to match. 1 i i I I KILLED IV A collision near Dixon were Eugene Baldinellc, 18, Chicago; Rolcrt Horchlor, 19, and Sharon Wats, 18. both of Park Forest.

All were students at Cornell College, Mount Vernon, Iowa. Michael John Warnigus, 3, Chicago, was trapped by the grass fire while his mother was preparing a Thanksgiving dinner. The boy was found dead by his father, John Warnigus, when he went to call his son. 50 Pou nds -Of Turkey For Family LANSING To cook 50 pounds of turkey for a Thanksgiving Day family gathering is a large under taking for any woman. Fortunately for Mrs.

John En right, 17303 Burnham Lans ing, she had some help. Included in the 49 people attend ing the family dinner Thursday were four daughters and four daughters-in-law. "We usually have a large family gathering," said Mr. I t. "This year it was the largest of all." The gathering, held at the Centenary Methodist Church.

Hammond, included the Rev. Kenneth Enright, his wife and four children. THE YOUNGER Enright and his family recently returned from the Congo, where they had spent the last ten years. Y'esterday's complete Thanksgiving Day family gathering will be the last for awhile. The Rev.

Enright and his family will return to the Congo in the Spring. The elder Enright is retired from the Bowman Dairy Co. Recently, he also retired as a school maintenance employe at Thornton Fractional High School North, Calumet City. One of Enright's son-in-laws is also a Methodist minister, the Rev. Owen Shidles.

So You Heard The Sirens HAMMOND Wednesday 12:55 p.m. 2500 block 169th street, grass fire. 1:35 p.m.-3850 173rd grass lire. 2:42 p.m.-522 Cherry spe cial duty. 3:16 p.m.-5600 block Sohl av enue, grass fire.

6:02 p.m. Calumet avenue and Gostlm street, ambulance. 6:44 p.m.-7403 White Oak ambulance. 6:51 p.m. 6620 Calumet pole fire.

7:10 p.m. 136th street and Sheffield avenue, ambulance. 8:57 p.m.-248 Garfield ambulance. 10:32 p.m. 5639 Sohl am bulance.

Thursday 5:27 a.m. 2500 block Michigan street, ambulance. 6:45 a.m. 5500 block Calumet avenue, ambulance. 10:40 a.m.

Gibson place and California avenue, grass fire. 2 p.m. Tri-State Highway and NYC R.R., grass fire. 4:42 p.m. 143rd and Calumet avenue, grass fire.

Today 12:55 a.m. 6344 Forest hay burning. 2:55 a.m. 1166 State auto fire. 7:07 a.m.

Calumet avenue and Hoffman street, ambulance. EAST CHICAGO Thursday 11:05 a.m. 3501 Elm ambulance. 12:41 p.m. 3557 Block ambulance.

4:55 p.m. 3618 Main ambulance. 4:55 p.m. 3620 Ivy ambulance. 5:29 p.m.

3339 Block ambulance. 6:34 p.m. 141st and Deal Streets, false alarm. 10:28 p.m. 4745 Alexander ambulance.

CALUMET CITY Wednesday 12:40 p.m.-512 155th ambulance. Thursday 1:55 a.m. 16 State ambulance. 3:30 p.m. Sibley Blvd.

at Tor-rence grass fire. Today 3:30 a m. 616 Douglas ambulance. HIGHLAND Thursday 9:40 a.m. Ridge 41, ambulance.

4:48 p.m.-3139 Highway inhalator. and Gary, all at home; and maternal grandparents, Mr. and Mrs. James Roberts of Tomahawk, Wis. Services will be held Saturday at 8:30 a.m.

from Czechanski Funeral Home, 248 155th PI. The Rev. Robert Doyle will sing the mass at 9 a.m. at St. Victor Church.

Burial will be in Holy Cross Cemetery. Edward J. Langhoff LANSING Edward J. Langhoff, 48, of 17716 Community Lansing, died Thursday at Our Lady Mercy Hospital, Dyer. An assistaant mechanical foreman at the Wisconsin Steel Co.

plant, Chicago, Mr. Langhoff was member of the Good Fellows Club. Services will be held in the Trinity Lutheran Church, Urbana, 111., Saturday at 2 p.m. The Rev, Edwin Haan will, officiate. Burial will be in East Lawn Cemetery, The body will be moved from the Schroeder Funeral Home, 3227 Ridge Lansing at 10 p.m today.

He is survived by his wife, Frances; two sons, Howard, El gin, 111., Norman, a pharmacists mate in the U.S. Navy at Norfolk, four sisters, Mrs. Martha Neville, Matteson, Mrs. Anita Watson, Champaign. 111., Mrs.

Ruth Noble, Shaker Heights, Ohio, ancLMiss Esther Langhoff, Chi cago. Mrs. Gertrude S. Bernheisel Mrs. Gertrude Sprout Bernheisel, 85, formerly a resident of Hammond, died Wednesday at her home in New Lebanon, Ohio, after a long illness.

Services will be held Saturday 1:30 p.m. in New Lebanon with burial in Memorial Park Cemetery, Dayton, Ohio. Mrs. Bernheisel, who had been resident of Hammond for 25 years, left the city about 10 years ago to go to New Lebanon. She was a member of Hyde Park Methodist church in Hammond.

Surviving is the husband, Med- ford, a retired carpenter. Mrs. Martha L. Martin Mrs. Martha Louise Martin, 79, Pittsburg, died Thursday the home of her daughter, Mrs, Doris Boissier, 8136 Gordon Highland, after a long illness.

Funeral services will be held Monday at the First Baptist church, Pittsburg. The body will shipped to the Bobbitt Funeral Home at Pittsburg. Other survivors are another daughter, Mrs. Loretta Kahl, Hammond; a son, Martin, Tucson, seven grandchildren, seven great- grandchildren, three nephews and one niece. Mrs.

Martin was a member of GAR and the WCTU The body is at the Bocken Fu neral Home," 7042 Kennedy Hammond. I had a client 40 years ago who inherited an estate consisting entirely of 'street railway bonds, worth about 10 cents on the dollar. His father did not believe in diversification. You have a strong stock but there are many others. I suggest you switch the bulk of your Tampax stock into such expanding situations as Beauty Counsellors (OTC), Bristol-Myers (NYSE), American Machine Foundry (NYSE), Corning Glass (NYSE), and International Business Machines (NYSE).

"EARLY THIS year I bought Hupp Corp. at 11 when it was active and have watched it drop sharply in price to 7, with little activity. What is the' reason for the change? Should I hold the T. There are two reasons for the change. One is the wide shift in market climate this year.

Investors have gone from speculative enthusiasm to' a feeling of considerable caution. The other is a sharp decline in Hupp's earnings. I think the chances for recovery are good here, and I would hold. Mr. Spear cannot answer all mall personally but will answer all questions possible la his column.

CHICAGO (UPD The International Live Stock Exposition, center of the farm animal world with a fortune in prizes and prestige, opened its 61st year today at the Intrenational Amphitheater. Chief spectacle of opening day Here are today's facts on the International Live Stock Exposition and Horse Show: WIIEtE International Amphitheatre, Union Stock Yards, Halsted and 42nd. EVENTS at 8 a.m., the Junior Steer Show; at 1 p.m., the Junior Barrow Show; at 1:30 p.m., the Wool Show. RODEO AND HORSE SHOW at 6:30 p.m. In the main arena.

judging in the crowded, colorful stockyards arena was to be selec tion of the Juinor show champion steer. Junior exhibitors, most of them 4-H members, ranged down to 10 years old. JUDGING at the International is the peak of a year's loving care and training by teen-age owners. The junior winner traditionally is a sentimental favorite for honors Monday wlien he or she meets veteran stockmen in open competition. The odds are not based entirely on sentiment.

For the past three years, the junior champion steer has gone on to recerve tne coveiea nma quarters slap and exposition grand champion steer blue ribbon that can mean as much as $30,000 for the animal at auction later in the week. IN 1957, TV-radio star and part-time rancher Arthur Godfrey paid $30 a pound, or a total $30,050, for grand champion Hereford Honeymoon slrwn by an 18-year- old girl, now Mrs. Sue Secondino, of West Terre Haute, Ind. More than 10,000 animals carry their owners hopes into junior and open competition for a record estimated $160,000. More important prize money for many exhibitors are the rib bons and trophies that boost a farm's stock at market time.

Veteran show officials estimate value of the 10,138 animals from 37 states and Canada at $5 million. Judging is in the hands of 60 experts from agricultural schools and research centers across the nation. CATTLE, HOGS, sheep and horses in the snow represent 33 different breeds. The International Dairy Show, merged with the Live Stock Exposition, offers With purebred beef and dairy cattle. The show, oldest and largest of its kind in the world, annually at tracts some 400,000 farm and city folk to the stock yards and Chi cago's South Side, where row after row of converging rail lines once led to the city's being named the "Hog Butcher of the World." Most of the action takes place in the main arena where the Re publican party last summer entered Vice President Richard M.

Nixon in another kind of competitionand in two smaller judging rings amid four square blocks of stalls bchmd the giant arena. TONS OF feed supply the animals for a week and modern regulators control temperature designed for animal, not human, comfort. Many exhibitors, particularly the youngsters, bed down with their cherished entries to maintain almost 24-hour watch. On the other side of the arena, the nation's farm equipment manufacturers trot out their latest and best in mechanized agriculture. SUCCESSFUL INVESTING Diversification Called Sound Old Principle By ROGER E.

SPEAR "I am the owner of 1,200 shares of Tampax, which cost me very little some 20 years ago but today represents a small fortune. Should I switch into other M. I wish you had told me what proportion this represents of your total capital. I am going to assume that it represents a very substantial part and perhaps is your only invest ment. On this basis, I am going to suggest that you sell the major part of his holding, re SPEAR taining no more than 20 per cent, or 240 shares.

My reason for advising this course of action does not in any way reflect on Tampax, which has been and still looks to be a very satisfactory investment. It rests rather on one of the oldest and soundest investment principles: diversification. All investments, except government bonds, involve some risk. The only way to protect yourself against serious damage from the failure of any one situation is to spread your risk. jL.