The Jaysee Echo (Rochester, Minnesota), Volume 22, Number 2

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RocUedteb fluttiosi Calleae
THE JAUSEE ECHO
XXII
ROCHESTER, MINNESOTA, FRIDAY, SEPTEMBER 24, 1954
NUMBER 2
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Photo by Marshall Runge
Receiving information from a  representative of the Minneapolis Grain Exchange are
members of Mr. Kortz' Economics class.
pnneapolis Firms Toured
JC Economics Class
)n September 14, 1954, the Rochester Junior College Economics
[with their instructor, Mr. Philip Kortz, toured the Minneapolis
Exchange. The thirty-five members arrived at the Grain Ex-
ge at 9:30 A.M. and were ushered into the room of the board
rectors where they were greeted by Mr. Wilkins, secretary of the
nation. The fourteen members of the board of directors are
ed by the association which is made up of people who use the
et.
iThe group was shown a slide film entitled "Strictly Public," which
pined how the Grain Exchange operates. After this, Mr. Wilkins
■the group to the visitors' balcony on the fifth floor, which looks
Iver the pit and the cash grain tables on the fourth floor.
prybody in the pit watched
blackboards,    where    girls
down   price   quotations
they received* over  head-
es or from ticker tapes that
|ded  prices   in   various   sec-
lof the country.    The price
fain influences bidding in the
The ability  to   buy  or  sell
1 in the future provides deal-
"ifh some "price  insurance"
pedging" as  it  is commonly
Among  those  who  buy
|$ell in the pit are "specula-
Generally they have only
pe interests and  try to  buy
when the price is low and
[it when the price is up.    If
price of grain does not go
'he speculator suffers a loss.
per dinner in the cafeteria a
°'  the   group   toured   the
|ral Reserve Bank.    There are
pderal Reserve Districts, and
the Federal Reserve Bank in Minneapolis is the head bank for the
Ninth district. A guide took the
group to each floor of the bank
and explained what is done on
each floor. In the coin department they were shown how they
pick out the steel pennies with
a magnet. They also have to
pick out the pennies that have
anything else wrong. The very
complicated machine that wraps
coins was also shown. A few had
the opportunity to hold a ten
thousand dollar bill; it will probably be for the last time too.
They were also shown a million
dollar bond, cancelled of course.
One of the things that all
were interested in was the Pillboxes." The Pillboxes are located at strategic places from which
the guards can watch every one
(Continued on page 6, col. 4)
Miss Goette
To Visit UN
Miss Goette, United Nations
counselor to the students, who
will represent the Rochester
schools at the United Nations assembly on October 11-15, will
fly with her group to New York
on October 10th. The local United Nations association is sending
three delegates: Gerald Olerud,
the Rochester Junior College representative; Pam Thomson, of
Rochester High School; and John
Gould, representing Lourdes. This
is the first such group that has
been sent from the Rochester
area.
The delegates will sit in on various organs of the United Nations, visit the General Assembly,
be briefed by the representatives
from different countries, tour the
United Nations building, and interview delegates and officials of
the U. N. In preparation for
their trip, the group will hear an
address by Dr. Mayo.
Miss Goette, a psychometrist
and social science instructor at
the Junior College, has distinguished herself by service to the
United Nations and to her community. Her selection as counselor is a logical one.
The group will return on October 15th. They will give lectures to Rochester clubs and civic
organizations.
JC Roster Shows
Many Non-Residents
According to the registrar, Mrs. Hazel Creal, this year's enrollment is approximately the same as last year's, which was 211; this
year's is 221. Of the 221 students registered, 154 are freshmen and
67 sophomores. i
This year there are 35 men who have served in the armed forces,
of whom 27 are under the GI Bill. Also attending RJC are three Catholic Nuns from St. Mary's Hospital1. They are Sisters Mary Rochelle,
Mary Richaea and Mary Cecile. There are also two post graduates,
Dorothy Lofgren from Detroit, Michigan, and' LeRoy Christopherson
from Rochester.
The greater number of students
come from Rochester and the surrounding area. The following are
out-of-town freshmen: from Dodge
Center, Mary Jane Fox; from Wykoff, William Gehrking; from
Stewartville, Edimand Gilbertson,
Lowell Havren, William Bratrud,
Marshall Runge, and Curtis
Wheeler; from Pine bland, Allen
Hastings, Mildred Alberts, Luverne
Olson; from Dover, David Ihrke,
Dean Ihrke; from Chatfield, Lowell Isensee; from Minneapolis,
Ruth Knutson; from St. Charles,
Wayne Larsen, Marcella Dider-
rich; from Altura, Richard Lovlein;
from Dawson, Virginia Lund; from
Mabel, Roger Peterson; from Elgin, Lougine Ponto; from Worthington, Maureen Reinwea; from
Winona, Ann Rekstad, Thomas
Barton; from Douglas, Darlene
Rucker; from Red Wing, Shirley
Veith; from West Concord, Marian Uptagrafft; from Mazeppa,
Duane Tupper and John Evenson;
from Harmony, Ann Armstrong;
from Butterfield, Robert Books;
from Wabasha, Jerry Bremer;
from Mankato, Kay Brown; from
Eyota, Raymond Bush; from Kasson, Russell Chapin; from Byron,
Leon Dahle; from Hayfield, Robert Drake.
Schools Participate
In Business Day
Rochester Junior College teachers participated in Business Education Day on August 27 when
they became familiar with a number of business establishments in
Rochester.
The Chamber of Commerce
welcomed the teachers at a general meeting in the morning after
which each instructor was assigned to a certain business establishment. After a luncheon with his
respective company, he spent the
afternoon touring the building
and learning about the business.
The places visited by RJC
teachers were as follows: Miss
Louise A. Barthelemy, Donaldr
son's; Mr. Walter Bateman, Co-op
Oil; Mr. Leonard R. Davis, Johnson Co.; Mr. Karl E. Dubbert,
First National Bank; Miss Alice
Endicott, Glenn Miller Interiors;
Miss Mary H. Goette, Kresge Co.;
Mr. Emil Heintz, Kahler Corp.; Mr.
Charles E. Hill, Mayo Clinic; Miss
Merle Ingli, Adams Book Store;
Mr. Philip M. Kortz, Ellerbe & Co.;
Miss Flora I. McGhee, Bach's; Miss
Grace Madden, Osco's; Miss
Marie A. Matt, Dayton's; Mr.
Gerald W. Paul, Foster Electric;
Mr. Joseph Rockenbach, Kruse
Co.; Mr. Charles E. Singley,
O'Connor's; Mr. Sidney G. Suddendorf, Peoples Natural Gas
Co.; Miss Ruth Towle, Beckley
Equipment; Mr. William U. Walton, Northwestern Bell. Mrs.
Hazel H. Creal was unable to
attend because of college enrollment.
During American Education
Week on November 10, Education Business Day will be held
when the business men in turn
will visit the schools for a day.
In the freshman class there are
fourteen students from other
states. These are: Mary Brown,
Portland, Oregon; Paul Clayson,
Durand, Wisconsin; Robert Hoch,
Lyndall, South Dakota; Mary
Kieffer, Mausten, Wisconsin; John
Kroll, Des Moines, Iowa; Matthew
Murphy, Kansas City, Kansas;
Kenneth Shaler, Northwood,
Iowa; Beth Winter, Downers
Grove, Illinois; Eileen Welch, Vulcan, Michigan; Mrs. Kathleen
Weber,   Cando,   North   Dakota;
(Continued on page 8, col. 3)