The White Falcon - 09.04.1965, Side 7

Friday, April 9, 1965
WHITE FALCON
7
Volleyball
Standings
These are the Naval Sta-
tions intramural volleyball
standings as of April 6. The
one big match that booted last
week’s top seated Marines “A”
team into the second spot with
a nine and one record was
played Monday night. The men
from Admin defeated the Ma-
rines in three games. The
leathernecks won the first
game 15-13 but were mauled
by the Admin team in the last
two games 15-4 and 15-8. So,
now the airmen from Rock-
ville hold first place, as they
had in basketball for so long,
while Admin is tied for third
place with AMD at six wins,
one loss.
Team Won Lost
1. Rockville 7 0
2. Marines “A” 9 1
3. Admin 6 1
4. AMD 6 1
5. 57th FIS 4 1
6. Hospital 4 2
7. Weapons 5 3
8. AFI 5 3
9. High School
“Red” 5 3
10. Comptroller 4 5
11. Marines “B” 3 4
12. IDF 3 5
13. High School
“Blue” 3 6
14. NavCommSta
“Chiefs” 1 6
15. NavCommSta
“Blues” 1 6
16. NavCommSta
“Gold” 0 5
17. BarForLant 0 6
18. Post Office 0 8
Gunsch Blasts 610
by Paul Jordan
This past week at the Arctic Bowl saw some of the sta-
tions best bowlers competing in the Intramural Bowling
Leagues to carry their teams to victories.
The power laden pin squads of Public Works! 1, Nav-
CommSta 1 and Admin 2 have continued to meet their
opponents and are sole owners of the first place slots in
their respective leagues. Nav-
CommSta 1 met a fine team, Supp-
ly 2, and managed to salvage a
split. If any of these teams get a
few splits there was a flock of
other teams that will bowl past
them, notice has been served.
Good scores were posted this
week with Hal Gunsch, BarLant,
leading the way at 236/610, fol-
lowed by Hoffman, jPW 1 who was
three pins shy of the big number
with 697 and Rasmussen, Admin
1, a 200/210/579. Maybe Rass
has found his mark. Martin, PW
1, seems back in good form hitting
the woods for 200/207/562.
Still clouting them hard: Laur-
inenzo, AMD 2, a 210/560, backed
by his team mates Sullivan 205/
504 and Bourdette’s 206. AFI-1
Bersan 217/535, Banker 201/515
and Hogan 535 a strong team to
watch out for. Atherton, 57th 1,
hit a 219/562, while Hurt, NSGA
3, hit his best of the season with
210.
A good round in the American
League had pins racked by Howell,
Admin 1, 217/566, Lynch, COMPT
1, 204/212/559, John Nyeholt,
NCS 1, 201/201/573. John has
been hitting good since the roll-
offs—pressure off John? Series
scores had Geesman, NCS 1, 204/
541; Player, API 3, 545; Eckhart,
AFI 3, 205/516; Mccomb, NCS 1,
536; and Dowis, Security of the
International League, a 207/534.
Intramural Bowling Standings
No. Team Won National Lost League Pet Hi/G Hi/S T/Pins Avg
1. Public Works 1 14 2 875 930 2729 10776 898
2. Operations 13 3 812 940 2653 10477 873
3. Air Maint 2 10% 5% 655 944 2740 10489 873
4. 57th PIS 1 10 6 625 1031 2767 10536 878
5. API 1 9 7 562 944 2725 10568 880
6. NavCommSta 2 8 8 500 894 2579 10170 847
7. BarLant 7 9 437 988 2709 10614 884
8. Supply 1 7 9 437 917 2594 10083 840
9. NSGA 3 6 10 376 923 2521 9826 819
10. Rockville 2 5% 10% 342 949 2657 10233 852
11. Marine 2 3 13 187 906 2508 9810 817
12. Ordnance 1 3 13 187 871 2501 9567 797
No. Team Won American Lost League Pet Hi/G Hi/S T/Pins Avg
1. NavCommSta 1 13 3 912 1010 2807 10742 895
2. Admin 1 11 5 687 937 2702 10512 876
3. Supply 2 10 6 623 943 2667 10515 876
4. IDF 10 6 623 899 2607 10185 848
5. Rockville 1 9 7 562 910 2649 9880 823
6. Air Maint 1 8 8 500 939 2689 10470 873
7. 57th PIS 2 8 8 500 937 2668 10183 848
8. Navy Exchange 8 8 500 919 2678 10150 845
9. API 3 7 9 437 958 2822 10608 884
10. NSGA 1 7 9 437 911 2702 8669 722
11. Compt 1 5 11 312 918 2640 10280 856
12. Public Works 1 0 16 000 861 2491 9735 811
No. Team International League Won Lost Pet Hi/G Hi/S T/Pins Avg
1. Admin 2 15 1 931 908 2657 10411 867
2. Security 11 5 687 924 2666 10420 868
3. 57th PIS 3 11 5 687 930 2616 10314 859
4. NSGA 2 11 5 687 901 2484 10003 833
5. NavCommSta 3 10 6 625 952 2583 10029 835
6. Ordnance 2 8 8 500 941 2635 10109 842
7. Public Works 3 8 8 500 905 2573 10094 841
8. API 2 7 9 437 911 2604 9916 826
9. Marines 1 5 11 312 908 2588 10028 835
10. VP 56 4 12 250 939 2670 10129 844
11. Rockville 3 3 13 187 899 2577 9998 833
12. Comptroller 2 3 13 187 837 2429 9496 926
Babneau’s
Bowling
by Annette Babneau
Youth Center Bowling
With this week’s bowling over
for the Friday Strike Outs we
find that Team 3 holds 1st place
and Team 2 is in the 2nd spot.
For the girls, the high game
was a 97 going to Carin Cham-
bliss. Ann Howell had the high
series of 171 for the week’s high.
Betty Devaney holds the high
average of 87.
Keith Terry took all the honors
this week for the boys. He had
a high game of 162 and a 268
high series. Keith edged ahead
also on high average with a 110.
Keflavik Civilian League
With the end of the league com-
ing in 2 weeks, we find Team 6
in 1st place and Team 1 in 2nd.
One game back in 3rd place is
Team 2.
The high game of the week for
the ladies went to Annette Bab-
neau with a 175. Annette also took
high series with 498 and has high
average of 148.
In the men’s department, the
week’s high game went to George
Schriefer with 201. Klause Bauer
had high series of 561. Still hold-
ing high average is A1 Babneau
with a 167.
THIRD ENLISTMENT—James F. Sutton, EN2, is being sworn in for
his third enlistment. Sutton leaves this month for thirty days leave,
then duty aboard the USS Observer out of Charleston. Capt Robert
R. Sparks, commanding officer Naval Station, performed the ceremony
in his office April 2 at 2:30 p.m.
1. Bob Johnson of the Baltimore
Orioles set an American League
record in 1964 by doing what in
six consecutive games?
2. Dean Chance of Los An-
geles Angels, in 1964, became the
youngest player to ever win what
award?
Answers to Qiuz
■saureS xis aip ui
aip uoav „u«ap„ SunoX ai[X T
•pjBAVB Sunox Xq
Xpjns qq-ipuid uosuqof qog -g
Keflavik Births
David Michel, son of Lt and
Mrs. George Schaeffer, was
born March 4. Lieutenant
Shaeffer is the Naval Station’s
personnel officer.
Becky Lynn, daughter of
AMS2 Larry and Mrs. Haw-
kins, was born March 12.
Hawkins is attached to the
Naval Station’s Air Mainten-
ance Division.
Steven Lee, son of ABH1
Robert B. and Mrs. Campbell,
was born March 16. Campbell
works for the Security Depart-
ment.
Michael Edward, son of AC2
Donald and Mrs. Hiebel, was
bom March 31. Hiebel is at-
tached to the Ground Control
Approach, Division of Air
Operations. ________________
Your Personal Affairs —
Your Stock, Your Investment;
How They Multiply For You
Basically, this is how a stock investment works;
Suppose you paid $10 a share for 100 shares of Mighty-
Manufacturing Co., a new corporation with one million
shares outstanding. In addition to sharing in the company’s
profits, you are usually entitled to one vote per share on
company decisions.
We’ll say that Mighty Manufacturing earns $500,000 or
50 cents a share that year. The®’
company’s directors and stockhold-
Benny Suggs Sez:
Today’s costs are
rising at an alarm-
ing rate, and waste
of any kind aids the
“Cost Demon.”
In order to allevi-
ate this situation, the
Government asks us
for quality suggestions which will
help to reduce waste of time,
money, materials and manpower.
These worthwhile suggestions,
submitted under the Incentive
Awards Program, assist your
Government in operating more
efficiently and thriftily.
Let’s have your suggestion now!
ers meet and decide to plow
$200,000 of the profits back into
the company for new equipment,
and put $100,000 into the com-
pany treasury for possible addi-
tional expenses. That leaves
$200,000, or 20 cents a share,
which the company votes to pay
the stockholders. That 20 cents is
the dividend, or yield. You own
100x20 cents, or $20.
Increased Demand
Other investors see that the new
company is making a fair profit,
so they buy a few shares. Increas-
ed demand for the stock sends the
price up, and a few weeks later,
Mighty Manufacturing is selling
at 12%, or $12.50 per share.
If company profits continue to
rise, the investor can usually ex-
pect the value of his stock to rise,
as well as the amount of dividend.
If company profits drop, or the
company shows a deficit, he can
expect the value of the stock to
drop, and the dividend to be re-
duced, or even discontinued for
awhile.
Stockholders’ Meeting
Suppose next year Mighty
Manufacturing’s profits are about
the same as for the previous year.
At the annual stockholders’ meet-
ing the board recommends plant
capacity be expanded and costs
cut to meet increased competition
and raise company profits. The
suggested expansion will cost $1
million. The company does not
have this amount in its treasury,
so a proposal is approved authori-
zing the issue of an additional
200,000 shares. Half the shares
(100,000) will be sold immediately
at $10 a share to raise the money
for plant expansion. The remain-
ing shares will be held in the com-
pany treasury for future expan-
sion, or for an unforseen emer-
gency.
Stockholders’ Solution
Company directors also want to
put the entire year’s earnings
into the treasury for possible ex-
penses until new plant facilities
are operating profitably. This
would mean omitting that year’s
dividend. Stockholders approve a
solution: dividends of five per
cent in stock will be paid from the
100,000 shares remaining in the
treasury. As owner of 100 shares,
you would get an additional five
shares (five per cent of 100). The
year’s profits are put into the
company treasury until the time
all plant facilities are operating
profitably. Some of the money is
paid as cash dividends in cases
where stock dividends would in
payment of fractions of shares.
Next year Mighty Manufactur-
ing earns $1,100,000, or about
$1 per share on all shares out-
standing. Cash dividends are re-
sumed and increased to 50 cents
per share. You receive 105x50
cents, or $52.50 in dividends.
Increase In Profits
With the increase in Mighty
Manufacturing’s profits, more in-
vestors begin to buy the stock,
and its price rises to $14 per
share. If you sold, you would re-
ceive 105x$14, or $1,470 (less fees
and taxes), or a long-term capital
gain of well over $400 on your
$1,000 investment.
Of course, not all stock invest-
ments end in profits, or such sub-
stantial profits. Naturally, some
end in losses. But the investor who
chooses his stocks wisely, who dis-
regards minor day-to-day fluctua-
tions in the market and concen-
trates on the longterm pull, will
have the odds in his favor.
(AFPS)
WHITE FALCON
Deadline
Mondays—8 a.m.