European Stars And Stripes (Newspaper) - May 11, 1962, Darmstadt, Hesse May 11, 1962 the stars and stapes Page 33 Ico of Calls Ama Booklet charges silly 3ton we Secre welfare Abraham rib Colf for the american medical Ion am to quit hurl charges at him and its about the Doe it in new statement was a reply p or. F. J. L. Blasin executive vice presi the department s pub last week of Booklet on care of the aged woe a of Laws against lobbying in funds contended the Book Tor the present s pro health insurance for the aged on Mph social Security. He asked for an investigation by atty. Gen. Robert f. Kennedy the Justice department Saio i found no violation of the Law involved in distribution of the Book let my Legal authority to recommend changes in the social Security Laws and publish the fact that show the need for such changes is specifically impelled out in Section 702 of the is Octal Security act and later amendments re Biehoff said my predecessors in the Eisen Hower administration made full use of this authority. They recognized As i do that the Secretary of health education and welfare has an obligation As a member of the Cabinet to inform the american people and a specific duty imposed on him by act of Congress to make recommendations As to the most effective method of providing economic Security through social insurance Rilcoff dec Laired that the american medical association is obviously scared and added its Abs of claim that i have violated the Law la nothing but smoke screen to divert the pub lic1 attention from the Ama s shocking inability to make up its mind about the doctors revolt inns Jersey that was a reference to the announced decision by some Mem Bers of the staffs of the Point pleasant . Hospital and the Fitkin memorial Hospital Neptune,,. Not to treat patients whose Bills would be paid through he social Security proposal. Ribicoff then added i Call upon the Ama Leader ship to repudiate the stand of the new Jersey doctors and let the american people know that their opposition to the King Anderson Bui has not compromised their sense of ethics and Basic is drop for 5th straight session York a the Stock suffered another severe set tuesday in heavy trading. The Market s fifth cot Ibec of decline. Were substantially lower j Start following the previous of Sharp declines. Was a Little improvement noon but the Selloff re in afternoon trading and ret was sharply lower go tile final 30 minutes. Ard poor s 500-Stock in slap Estes $554,162 penalty ton a the Agri department has slapped in marketing penalties de Texas financier Billie for 1961 Cotton acreage it says he obtained i the right to Appeal and to do so first to local Farmer review committees then to the courts if 4e i Dex fell .69 to 6&57, its lowest since i March 15, 1961, when it was at the same level. Based on the Index the quote value of All stocks listed on the new York Stock Exchange Fel about $4.6 billion. In the last five sessions the up Index has dropped 256, show ing a loss in quoted values of about 919.7 billion. The up 425 industrials were Down .70 at a a Jyh. The Dow Jones 30 industrials were Down 7,47 at 647j23. Dew Jants off 7.47 it was a fairly Broad Market with i 3fi2 issues appearing on the tape. Of these 863 declined 23s advanced and 201 closed unchanged. There were 381 new lows for the year and Only eight new High. The fall again is on a Broad front which included the Petro lems rails tobaccos space age is sues farm implements chemicals utilities and drugs. Steels and autos closed mixed. The Hij a Spee i ticker tape ran. Stock Exchange closing prices thro an 22% z8 Xiv to tire 44 37 35% for %4314 is ,12 221 21 9vaant 4tt 32% Kim 4jv� Gria 11% 134% Tat mkt Chi 1flt lentil i Manx vat upon lad Htit pm Ali on. Flavi k 394 4ij s3i 7r h3 4344 it i we. 23as v two 40 i pm tilth of to two. Sus 76 31 % pc fish Ria wot run to kith Kir Royal dal 7sh m 4fi i -�v4 of is 45 Shell try of to tic ot4754 h him Martin Wanh Newl Mhz Ham Necort a am at of i 755.1 i was i 4j1-. 33%w t mv4 Titi 24 17% 2 1 Appam h a 2l /4 a it x 141 Puin or 45i is i a Bat Slit 88?i 70% i it s21/4 a Tilsi 6 i from Merrin Tynch Pierce Fenner it Sotui Frankfurt. St Ocassio he. Blud part to Mica int let than it Ami Noih via fruit 0bim us Wal fat h454 by is a a m i Oft it in to Tittl Al 138 8tii 63 14 Mutual funds prices 1 by in Tod press pm Akeo id 7.h my 7.88 t3� to Wir Mir May bib abated bad io.z3 a. Of ave fun lint. Tit jhn�1on Hii Toltl to few i1.m mid. It Mph Toms. In. Trust in Stryhn Otil if Jeri lib fund i . R late six times on Waves of trading most of it Selling. Volume Rose to 4,730,000 share from 3,670,000 shares traded wednesday. Israel tanks Hail Independence Day Tel Aviv up Israel marked its Independence anniversary with the largest military Parade held in its 14-year exist ence. All branches of the armed forces were represented in the review. Three helicopters carrying israeli colors preceded the infantry Spear head of the Parade then followed Sherman and Centurion tanks troop carriers half tracks Anda Mored cars. Sixteen Oragan Jet fighter bombers 16 meteors 16 myster Jet fighters and 12 super mystery fighters zoomed across the sky. 1,100 students flee Indiana school Blaze Bedford ind up some 1,100 students fled from Bedford High school Here when fire broke out in the auditorium and cause Dan estimated $200,000 damage. Destroyed in the Blae were 2,000 new choir Robes. Students and teachers carried supplies and equip ment from the main building and stacked them outside. It to reports record gains for 1st Quarter new York up International Telephone and Telegraph corp. Scored records in per share earnings and sales and revenues inthe first 1962 Quarter a s. Geneen president told the annual meeting. Income for the thre months Roseto $8,181,921, or 49 cells a share from $7,310,210. Sales and revenues amounted to $241,964.362, compare with $208.919,491 last year. Orders also climbed to a record reaching �778 million at the end of the first Quarter compared with$654 million at the same time in 196lunderlining the company s growth Geneen pointed out that productive capacity has risen 20 per cent during 1961 and 1962through the construction of 37 new plants in the United states and abroad. Itt completed five acquisitions in 1561. The Money and Effort we reinvesting in that program now is your guarantee that this Corpora Tion will go on improving its Posi Tion steadily in the years to come he snid. Levof premiere May 15 Darmstadt Germany the world Premier of the opera Evol spelled backwards Means love will be held at the americ Ahouse Here tuesday and wednes Day beginning at 8 . Ama chief backs . Physicians new Brunswick . The chief spokesman for the Ameri can medical association has de fended the threatened Boycott against president Kennedy s medi care program by a group of new Jersey doctors. The fundamental motivation fraction of these physicians has been completely overlooked in the Battleford headlines said or. Edward r. Annas of Miami chairman of Theama s speakers Bureau. At the some time a group of elderly citizens of new Jersey joined the Kennedy administration in denouncing the doctors resolutions pledging not to treat patients whose Hospital Bills would be paid under the King Anderson pc Fol which ties medical care for the aged to the social Security system. Speaks at conference in remarks prepared for delivery at the Lith annual pharmaceutical conference at Rutgers University Here. Annis who discussed the Ama viewpoint on medicare with president Kennedy last week said at no time was any threat made or intended to deny cure to those in need of it. In fact it Wasto defend the principles of Quality Medicine which prompted this or. J. Bruce Henri Oltsen chief surgeon it Point Pletis ant Hospital n Point pleasant . Has fro the Start argued that he would continue to treat Charity patient sat no charge. But he has asserted that he would eat no patient whose Hospital Bill was to be paid under the King Anderson Bill it it becomes Law. He said he hoped his movement would stall the Bih in Congress Annis said that Secretary of health. Education and welfare Abraham Ribicoff Contention that he Henricksen group of 250 Doc tors were trying to blackmail the Congress waa false and mox yes of the bar or. Harj celery War left. 2� Anile it tic airs. 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