Refugio Timely Remarks (Refugio, Tex.), Vol. 34, No. 40, Ed. 1 Thursday, July 5, 1962 Page: 4 of 8
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Fage 4—Refugio Timely Remarks, Thurs., July 5,1962
517,000 SHAREHOLDERS —
Texas Has Big, Direct
Stake in Stock Market
New York.—Texas has an esti-
mated 517,000 shareowners, some
295,500 of them living in 12 large
cities and metropolitan areas,
(Amarillo, Randall County; Aus-
tin, Travis County; Beaumont-
Port Arthur, Jefferson and Or-
ange Counties; Carpus Christi,
Nueces County; El Paso, El Paso
County; Fort Worth, Tarrant &
Johnson Counties; Galveston-Tex-
zts City, Galveston County; Hous-
ton, Harris County; Midland, Mid-
land County; San Antonio, Bexar
County; Wichita Falls, Archer and
Wichita Counties) and 121,500 in
other parts of the state.
These are among the findings of
the New York Stock Exchange’s
•recently released 1962 Census of
Shareowners, which determined
that U.S. shareownership reached
a new high of 17 million this year.
Statistics for Texas, announced
by Exchange President Keith Fun-
.ston, show that:
Texas’ 517,000 shareowners com-
prise 3 per cent of the national to-
tal. The state total represents an
increase of M2,000, or 38 per cent,
over the 1959 total; this in turn
was an increase of 215,000, or
134 per cent, over 1956.
One out of every 19 persons in
Texas is a shareowner, compared
with one out of 26 in 1959, and
one out of 56 in 1956.
Dividends received by Texans in
1961 totaled $367,000,000.
There are some 1,293,000 share-
owners, or 7.6 per eent of the
national total, in the South Central
States—Alabama, Arkansas, Ken-
tucky, Louisiana, Mississippi, Ok-
lahoma Tennessee and Texas. The
incidence of shareownership for
the South Central States is 4.5
'per cent of total population. For
Texas it is 5:4 per cent.
“Shareownership has increased
Jn every state since our last Cen-
sus in 1959,” Mr. Funston declar-
ed, commenting on the latest sur-
vey in the Exchange’s series, the
only shareowner studies of their
land and scope ever made.
“The increase in the last three
years has been at a
uniform rate in the seven
graphic regions in the Census. The
most significant shareowner
growth is discernible in smaller
and medium-sized communities.
One-quarter of all shareowners
now live in communities of 2,500
to 25,000. Another 22 per cent live
in cities of 25,000 to 100,000. Three
out of four shareowners now live
in major population centers classi-
fied as metropolitan areas.
America’s shareowning popula-
tion of 17 million persons in 1962
is 10 million higher than the total
estimated in the first Census taken
by the Exchange a decade ago,
and 4.5 million above the 1959
figure. The average growth of
1.5 million shareowners a year
since 1959, Mr. Funston noted, has
accelerated from a rate of about
850,000 between 1952 and 1959.
The four shareowner surveys
conducted by the Exchange since
1952 have determined the number
of individual shareowners in pub-
licly held U. S. corporations, as
well as personal characteristics of
shareowners. They have revealed
these shareowner totals:
(An interim estimate of 15 mil-
lion share owners was made in
early 1961, based on projections
of growth experienced in preced-
Among shareowner characteris-
tics described in the new Census
are the facts, for instance, that
women still outnumber men as
shareowners—51 to 49 per cent,
compared with 52.5 to 47.5 per
cent in 1959—and that more than
half the women shareowners are
The average shareowner is 48,
compared with 49 three years ago,
and has an annual household in-
comes of $8,600, up sharply from
$7,000 in 1959.
Hay Bond Sales
$3,543 in County
Refugio. — J. J. O’Brien, Chair-
man of Refugio County Savings
Bonds Committee, announced re-
cently that Refugio County’s M,ay
bond sales totaled $3,543. Sales
during the first five months of
1962 totaled $89,681 which repre-
sents 28.9 per cent of the 1962
Bond sales goal.
Savings Bonds sales in Texas
in May were $11,496,167 and $64,-
736,607 in bonds were purchased
during the period January through
May. 83.6 per cent of the Texas’
Feedorri Bond Drive goal of $75,-
000,000 has been achieved.
“The total amount of E and H
Bonds outstanding has reached
$44.8 billion. This is the highest
amount of E and H Bonds on rec-
ord. During the first four months
of 1962, the amount of Savings
Bonds outstanding had a net gain
of $353 million. As a result of the
Freedom Bond Drive, the Treas-
ury Department is confident that
the amount of E and H Bonds out-
standing will go even higher,”
Chairman O’Brien said.
Refugio.—Sunday, July 22, will
be “Grand” Day for the Sunday
School Department of the Refugio
Nearly three million clerical and j First Baptist Church with recog-
nition to be given grandparents
Sunday School Superintendent
Carter Snooks stated that special
recognition will be given at the
morning services to the
sales people—a million more than
in 1959—comprise the largest seg-
ment of the employed shareowner
population, followed by 2,682,000
professional and semi-professional
persons and 2,276,000 proprietors,
managers and officials. grandfather, oldest grandmother,
Four out of five adult share- oldest prandparents who were pre-
owners completed high school; sent in Sunday School with a
more than half have had some col- grandchild also in attendance at
lege training; and nearly one-third Sunday School that day.
are college graduates. Persons in Too, recognition is to be given
these educational categories ac- all grandparents as well as noting
counted for 95 per cent of the in- the number of grandparents,
crease in adult shareownership grandchildren and classes with
relatively, since 1959. the greatest representation of
geo-! Shareownership among minors “grands”—both parents and ehil-
has jumped from 197,000 in 1959 dren.
to 450,000, apparently due in large
part to new laws in all 50 states
designed to make it easy to give
gifts of stocks to minors. Forty-
five per cent of all shareowning
families have children.
The new Census also shows that
11,015,000, or nearly two-thirds of
the 17,010,000 shareowners in 1962,
shares listed on the
Refugio.—Patients listed in the
Refugio County Hospital Tuesday
morning, July 3, 1962, according
to officials of the hospital are:
Master Gerald Barker, Miss Gla-
dys Carroll, Bobby Kelly, Edward
Stratmann, Nicolas Rivas, Mrs.
Annie Berryhill Mrs. Lela Bedford,
Robert Evans, Martin Vasquez,
Mrs. Betty 'Wood, Hugh Schubert,
Mrs. Florence Swike, Phillip Gen-
ty, Mrs. Mamie Justice, B. E. Mc-
Guill, Sr., William Randall, Amado
Solis, Sam Edwards, Jose Serrata,
Miss Rose Ruiz, Mrs. Sophia Fu-
entes, Mrs. Patsy McMahan and
Mrs. Lucia Guerra.
Master Robert Ermis, Mrs. Mary
Gillespie, Mrs. Julia Veselka,
Mrs. Nettie Rodman, Mrs. Grace
Morriss, Mrs. Lydia Niemann, An-
dres Ramirez, Rafael Gonzales,
Ernest Horner Mrs. Viola Thomp-
son, Mrs. Betty Williams, Emmett
Blackwell and Mrs. Virginia Ra-
William King, Bloomington;
Mrs. Mattie Baumgartner, Vidau-
ri; William Wood, Federal Way,
Mr. and Mrs. Toribie Perez of
Woodsboro are the parents of a
boy born June 28, 1962.
Mr. and Mrs. Lindsey McMahan
are the parents of a boy born June
Mr. and Mrs. Zack Williams of
Woodsboro are the parents of a
girl born July 2, 1962.
Mr. and Mrs. Alonzo Guerra of
Refugio are the parents of a boy
born July 3, 1962.
Refugio. — Mr. and Mrs. John
Moehr entertained for their daugh-
ter, Roxie Josephine, on the oc-
casion of her seventh birthday.
The guests were greeted at rh;
door with straw hats and horns.
Decorations were balloons and
ivexie opened her presents and j Baytown,
then the guests were served cake,
a white, red and green confec-
tion inscribed, “Roxie, Seven
Years.” Punch, ice cream and po-
tato chips were also served,
tato chips wer ealso served.
“Pin Tail on the Donkey”
was played by the honoree and
her guests. Agnes Mae Skrobar-
cek and Alvin Schultz, Jr. won
Guests present were Mary Jane
Angerstein, Maxine Schultz, Cathy
Gail Riley, Alvin Schultz, Jr.,
Agnes Mae, Michael and Ralph
Skrobarcek, Joanie and Julie
Repka, Carol Sue and Patrick
Riley, Jeffery, Mark and Gary
W,tight, Garland Brant and Roxie’s
brother, John Alvin Moehr. Also
present were Mrs. Bobby Wright,
Mrs. Roy Riley, and Mrs. Pat
Riley, Mrs. Julius Repka and
Mrs. Louis Brant.
As the guests left Roxie pre-
sented each with a memo pad
and pencil and eraser.
People *» Places
Refugio — LA 6-2812
4 p.m. Weekdays
1 p.m. Sat. & Sun.
— JULY 5-6 7 —
PLUS ADDED ATTRACTION
— JULY 8-9-10 —
UNCLE MARY’S —
— 15c DAY —
tm ATLANTIC PICTURES HtOOtfCTKMI
Refugio. — The WSCS of the
New First Methodist Church with the
_______„ ____ Presbyterian
oldest j Morning Circle No. 1 met Tues-
day morning at the Presbyterian
church for their regular monthly
Mrs. Charles Frick was in
charge of presenting the lesson
to the group and combined the
July and the August lessons since
the group will not meet in Au-
The lessons presented were
“James the Just”, taken from
James 1, using the Phillips trans-
lation, and “James Echoes Those
Before Him”, based on James
Following the program, Mrs.
John Tom Cash served chocolate
and white cake, ice cream and
cold drinks to the six members
York Stock Exchange; another 3,-.. permission of the official board
770,000 own only shares listed and the sanction of the building
elsewhere or traded over-the-
counter; and 2,165,000 own shares
in investment companies, princi-
pally mutual funds. This last
and grounds committee of the
church are remodeling the church
The old water heater has been
Chamberlain took them home Sat-
urday and spent the weekend in
Pasadena with her son, Sam, Jr.
The Ezell Driskills left Saturday
for their vacation.
Mr. and Mrs. J. S. Mitchell and
family spent the weekend in Aus-
tin. While there they attended a
Visiting with Mr. and Mrs. Gus
Guests Thursday evening of the Candler this past week has been
Mr. and Mrs. Sam C. Ford and
two children were weekend guests
of their sister and brother-in—law,
Mr. and Mrs. Glenn J. Waldrip.
The Fords have made their home
in Australia for the past 18
months. Enroute home they made
a trip around the world. They ex-
pect to make their home now in
Miss Judy Cox
Is Tea Honoree
Refugio.—Miss Judy Cox, bride-
elect of Jack A. Kelley, Jr., was
honored with an introductory tea
at the home of Mrs. Harold O.
Koch Saturday, June 30. Other
hostesses included Mrs. Leo But-
ler and Mrs. Jack A. Kelley.
Guests were received in a set-
ting of pink and white. The serv-
ing table was laid with white lace
with a pink undercover. The cen-
terpiece was of white stock and
pink carnations. Refreshments of
pink punch and a pink cake deco-
rated with silver wedding bells
Serving in the houseparty were
Mary Ann Edwards, Carolyn Sho-
lar and Kathy Butler. The hon-
oree, her mother and Mrs. Kelley
all wore corsages of pink carna-
Out-of-town guests besides the
honoree and her mother, Mrs. L.
Otis Cox of Cotulla, included Mrs.
Leonard Leightsey and daughter
of Port Lavaca, Mrs. Kenneth Cox
of Kingsville, and Mrs. Claude
Bosworth, Miss Nancy Bos worth
and Mrs. Ella Bushager of Sin-
Eugene Davises were Col. and
Mrs. Denzil Baker and children,
Kay and Bud, of Falls Church,
Virginia. Mrs. Baker is Mr. Da-
vis’s sister. Their visit was the
occasion of a family reunion Sun-
day in the home of another sister,
Mrs. Jack Thornton, in Edroy.
The Davises attended the reunion.
Mrs. Geneva Dobyns received
word last week of the birth of a
baby boy to her daughter. Capt.
Miss Nina Candler of Victoria. Ni-
na is the daughter of Mr. and Mrs.
Jimmy Piwetz of LaGrange has
returned home after spending
some time visiting with his un-
cles and aunts, the Charlie and
Willard Piwetz families.
Miss Janet Jackson is attending
Mt. Wesley in Kerrville this week.
Arriving Wednesday for a visit
with the Art Nelsons were Mrs.
and Mrs. T. R. Wilcoxen are the; Nelson’s brother and his family,
proud parents of Glen Bryan, born
June 26 in West Germany.
Mrs. L. W. Wilpitz spent the
weekend with her children in
Houston, Wayne Wilpitz and the
Weekend guests in the E. G.
E. G. Sparks home were Mr. and
Mrs. Everett Crainer of Bay City.
Miss Cheryl Phillips of Palacious
spent the week in the Fred Jack-
The James Henry family have
been vacationing at Garner Park.
Guests in the Sam Chamberlain,
home have included their grand-1
children, Susan and Cathy Dorris
of Victoria and Tiva and Russell
Chamberlain of Houston. Mrs.
For Bake Sale
Refugio. — The Women’s Soc-
iety of Christian Service met in
the Fellowship Hall of the First
Methodist Church Tuesday morn-
ing, July 3.
''MSrs. Jack Kelley was the pro-
gram leader and presented “The
Church and Today’s Students”.
Mrs. John Thedford read the scrip-
Miss Nancy Jackson and Miss
Diane Eubanks had parts on the
program and also reported on the
Methodist Youth Fellowship offi-
cers training held in the Huston
Tillotson College in Austin which
they attended recently.
Mrs. !R. F. Anderson president
of WSCS, presided over the busi-
ness meeting. At this time it was
announced that the WSCS will
hold a bake sale some time in
There were four new circle
Mr. and Mrs. B. R. Mosley, Jana
and Suzanne, of Fort Worth. Mrs.
Nelson’s mother, Mrs. W. M. Mos-
ley of Breckenridge is also a
guest in their home, having re-
turned with Mrs. Nelson who had
been to Breckenridge for a family
reunion. Nancy Nelson was home
over the week end from SWTSC.
Mr. and Mrs. Benton Watkins
were weekend guests in the Frank
E. Hendrix home. Phillip Hendrix
returned to San Antonio with his
aunt and uncle to spend two
Mrs. Velma Milhollon visited
over the weekend with her son-
in-law and daughter, Lt. and Mrs.
Willis Ward, in Waco.
Barbara Snooks spent the week-
end in Waco visiting with Miss
Jo Ann Cannon, a college room-
Mr. and Mrs. Roy Wright are
spending their vacation visiting
with their daughter Mrs. George
Archambeault, in Albuquerque,
Mr. and Mrs. Alfred Moya and
Esterline drove Becky Moya to
Houston last week for her to take
the plane to Quito, Ecuador, where
she will participate in a summer
institute for Spanish teachers.
They were accompanied to Hous-
ton by Kathy Moya of Panama
City, Florida, Dorothy Gonzales of
San Juan and Father Peter Parra
of El Campo.
MSgt and Mrs. Louis Moya and
family and Dorothy Gonzales of
San Juan spent a few days with
the Alfred Moya family. The Louis
Moya family are formerly of Pan-
ama City, Florida, and are en
route to their new home in Madrid,
Houseguests in the Jack A. Kel-
le home included Mrs. L. Otis
Cox and Judy of Cotulla. Miss Cox
is the bride-elect of Jack A. Kel-
j category increased by 75 per cent removed and other work done in
since 1959. j preparation of the overhauled
The 1962 Census encompassed areas for painting and floor cov-
6,278 corporations whose shares
are traded publicly on the na-
otherwise, and are held by at least
300 stockholders of record
Other plans include moving the
tion’s securities exchanges or stove, installation of a new water
heater and a new double sink. The
old linoleum will be removed and j
new vinyl covering will be install-
ed. Three new wood base cabi-
nets will also be assembled and
put into place.
Mrs. C. A. Pitzer and Mts. Fred
Koertge are in charge of the work
Name Is Omitted
From Guest List
Refugio. - Among the guests tor the group,
who attended the E.R. Turman
Golden Wedding Anniversary on
June 17 was their neice, Mrs.
Rhillip Hudgirte of Houston
whose name was inadvertantly om-
mitted from the list of guests.
She is the former Mary Tur-
man and spent her early years
in Refugio before her marriage
to Dr. Hudgins. She is the
daughter of Mrs. James Watts.
DRIVE IN THEATRE
Open 7:15 p.m.
Show Starts at Sundown
SR A BIGEER WESTERN!
GLENN FORD * MARIA SCHELL
.ANNE BAXTER'ARTHUR O’CONNELL,
★ CO-HIT *
^ ft HWMAllNli ____
— SPANISH NITE —
i LOLA BELTRAN »
3 Baptist Youth
Begins July 9
Refugio. — Three young ladies
from the Baptist Church are at-
tending the South Texas Baptist
Youth Congress at Zephyr En-
campment on Lake Mathis this
Dorothy Haning, Sharon Daw-
kins and Betty Snooks left Monday
morning for the camp accompan-
■ ied by Mrs. E. F. Haning.
I The week-long Congress will in-
! elude talks by missionaries, mu-
sic activities, study groups and
i planned recreation. Music director
for the camp is Otto Hilbrich of
McAllen. He is the son-in-law of
, Mr. and Mrs. E. A. Waters of
! Refugio and -was music director
, for a recent revival in the Refugio
' Baptist Church.
On Entire Stock
Of Spring and Summer
SKIRTS and BLOUSES
RACK of DRESSES
Walter Lippmann writes: “In all
of Western Europe . . . there is
a conviction which does not exist
eoually in this country, that the
balance of nuclear power as
against the Soviet Union is an ac-
complished fact. Quite generally,
the Europeans believe that the
East - West political stalemate
which results from the nuclear
deadlock is not soon going to be
broken, and that therefore while
there will be no nuclear war, and
no small convent :onal wars about
Berlin and Germany, nothing con-
structive and large can be nego-
Wales Insurance Agency
A Wonderful Savings Event on Exquisite
— Closed All Day Saturday Preparing for Sale -
No Refunds - All Sales Final -- No Exchange
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Refugio Timely Remarks (Refugio, Tex.), Vol. 34, No. 40, Ed. 1 Thursday, July 5, 1962, newspaper, July 5, 1962; Refugio, Texas. (texashistory.unt.edu/ark:/67531/metapth620842/m1/4/: accessed December 10, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Dennis M. O’Connor Public Library.