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10 THE OSHAWA TIMES, Pridey, November 19, 1965 Enter The Ladies On USS. Exchange By JOY MILLER NEW YORK (AP) -- Without @ crusading thought in their handsome, smartly coiffed heads, two women have just crashed one of the most exclus- ive U.S. fraternities--the Amer-| fean Stock Exchange. Julia M. Walsh and Phyllis S. Peterson -- both fortyish women who care for a total of 14 children between them and hold general partnership in se- curities firms in Washington-- had their applications for full membership. approved Thurs- day by the board of governors of the exchange. Says Edwin Etherington, 40, president of the 618-member exchange: "I believe both women are fully qualified with long records of effective serv- ice to the public. I'm delighted to be associated with them and I'm sure every member shares my views." Full membership means the women, can take full part in ex- change affairs and can trade at a lower commission rate than they could with associate mem- bership. 'They can also go on the trading floor in New York if they wish, but they pill con- tinue working in Washington! with their firms, | The larger New York Stock) Exchange says no woman has| ever applied to it for member-| ship. 'BARRIERS ARE MENTAL' Mrs. Walsh, a dynamic, five- foot-ten with bright blue eyes and grey-streaked dark hair, says: "Part of the barriers women think exist is in their own minds. In my 10 years' experience in the business, I've had no encounters with men who resented me being there." Both women became inter- ested in stock market careers as wives of military men. "For people with fixed in- comes, such as the military, the only chance to make money Is through investments," says Mrs. Walsh. Her first husband, Col. John Montgomery, was killed in an accident at Fort Riley, Kan., two days before Christmas in 1957, leaving her with four young sons. She married widower Thomas M. Walsh, a Washington real estate man with seven chil- dren. Adding the daughter born a year ago, the Walshes have! a dozen children, ranging in age from 21 down. / | |laude with a bachelor's degree Mrs, Peterson, who has two|. ja teen-age girls, is five-foot-three, with dark hair, hazel eyes and a gentle manner. "J really got into the business iby chance," she explains. 'My lhusband's father died and left us stocks. We didn't know the first thing about them." At the time she and her hus- band, air force Col. Sumner Peterson, were living in Japan. She took some courses in secur- ities there. "'Once I started, I was hooked," she admits, Nothing in. her background-- music degrees from American University in Washington and the NewEngland Conservatory of Music in Boston -- prepared Mrs. Peterson for the stock market. But when the Peter- sons moved to Washington, she decided she'd rather work than sit home while the girls were in school. She studied, then be- came a trainee at Sade and Co. in 1960, a registered represen- tative the next year, and a full partner in March, 1963. Her husband, now retired from the air force and working with a firm of financial advis- ers, is her main booster. Both women agree that good domestic help at home is essen- tial. FINISHED WITH HONORS Mrs, Walsh worked her way through Kent (Ohio) State Uni- versity, graduating magna cum) e' in business administration in| 1945. At the end of the Second World War, she was a U.S. foreign service officer in Munich, When her husband pras assist- ant army attache in Turkey, she headed the U.S. educational commission in Ankara. "When we came back in 1954, I decided securities was my) niche." She joined Ferris and Co. in| Washington in 1955 as a regis- tered representative, becoming a general partner in 1959. In 1962 she took an intensive, 13-week course at the Harvard Graduate School of Business, the only woman accepted and graduated from the advanced management program. TUNNEL WEIGHS MUCH Each of the seven prefabri- cated sections of Montreal's Boucherville tunnel will weigh REMEMBER THAT INSIPID OLD SAYING? VATICAN CITY (AP)--The Vatican ecumenical council's declaration on religious liberty reached its final test today, a vote to clear it for promulgation by Pope Paul. The vote represented, another triumph for the progressive ma- jority among the Roman Cath- olic hierarchy. A small group of conservative holdouts fought the document every step of the way. The final revised text made concessions to both sides. The declaration states that all men have an intrinsic right de-| rived from God to think and outside coercion. This was what the progres- sives fought hardest for during the long debates and behind- the-scene struggles that marked the document's stormy passage through the council. It also is what many Protes- tant churchmen. regard as the council's most important single expression for the unity move- 32,000 tons. ment to bring Roman Catholics We started with Pioneer Professional Power... and here is the result that for years, Yet it weighs It's lij 's lightweight, chores and only 12 pounds, mba Arsene sot: odode Pesan heep it operating trouble-free 37%2% fuel and oil capacity than previous small chain saws. Sa coin: ge Wie. Ace a an Le pocdor © Scien PIONEE SAWS lugging power the entire operating range. Pioneer saws don't LTD. SUBSIDIARY OF OUTBOARD MARINE CORPORATION OF CANADA LTD, ene Liberal Bishops Rejoicing, Freedom Of Belief Passes worship as they believe without t and other Christians closer to- gether. The text still contains a sec-| tion demanded by conservatives| reaffirming the church doctrine| that Catholicism is the one true| religion and the one true! church, Many progressive bishops and Protestant observers at the council feel the assertion is out of place in the religious liberty document since it already has been spelled out in the council's 1964 decree on the nature of the church. But several American bishops expressed the opinion that the assertion has been toned down o make it more acceptable to Protestants. MANY COME FROM ONE One filly - grown tree can produce wood for 1,000,000 matches. Remember that old saw which parents used on their adolescent sons who wanted to shave the fuzz off their cheeks? "Put some cream on it and let the cat lick it off" is the way it went. That's what the father of John Provost, now 15, told "him when the boy kept pes- tering for a razor. Ever one to accept parental advice, John tried it with this tabby. Now what would ROUND THE GLOBE IN A GLANCE OTTAWA years of cancer resear tors have not raised the per- centage of persons who survive after having contracted the dis- ease, Dr. Bernard Lefebvre of Ottawa said Thursday. However, Dr. Lefebvre, speaking to delegates to the 35th annual méeting of the Ca- nadian Association of French- Language Doctors said the state in which survivors live has been improved. ' Another speaker, Dr. Jean Grandbois of Quebec City, blamed public health authorities for an increase in the incidence of syphilis. He attributed this rise to lack of interest on the part of public health authorities and also to the medical profession which considered the disease as hav- ing been conquered. BRYCE HONORED OTTAWA (CP) -- Robert B. Bryce, Canada's deputy minis- oP, Nsenite of {va 2 = acOS Pes -s " doc-| No Hike In Survival Rate Of Cancer Victims: Doctor Iter of. #4 ; reczived the Vanier Medal of the Canadian Institute of Public Administra- tion from Governor - General! Vanier Thursday. The medal is presented annually by the insti- tute to a distinguished public servant. 5 FURNITURE SOLD LONDON (AP)--The sale of the first of two batches of furni- ture from the late Sir Winston Churchill's London home brought a total of £2,174 ($6,- 522) Thursday. Had the furni- ture not been Sir Winston's, experts said it would have) brought about a third of that. NEW STAMPS READY OTTAWA (CP) -- Two five- cent postage stamps, bearing the floral emblems and armor- jal bearings of Saskatchewan and Alberta, will go on sale Jan. 19, the post office depart- Iment announced here Thurs- | A. E. JOHNSON, OPTOMETRIST 14Y4 King St. East 7 2 ae dey, The Sackatehowan «tamn. printed in. brown, gteen and orange, contains the Prairie lily, designated the officia} flower in 1941. 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