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The Naples Daily News from Naples, Florida • Page 72

Location:
Naples, Florida
Issue Date:
Page:
72
Extracted Article Text (OCR)

4B NAPLES DAILY NEWS Mar. 16. 1977 Mid-Day Stock Prices DOW JONES STOCK AVERAGES By United Inter notional 30-lnd IS Util Stks II om 966 14 227 41 106 37 3U96 cho I 33 -0 07 24 Prl cho 14 -0 07 STANOARO A POOR INDEXES NEW YORK (UPII Vandord hooriv mdenes tor Wednesdov (194143 equals iOi 400 500 Indus Trnt Fntl Stks II am 73 14 IS 52 15 II 72 102 close 14 12 52 17 II 72 10' Comoosite tablet include I'om nine morir et identified by lost of ice in dicators tor morvets ottier thari NYSE os (NYSE Hit only), OBoston nNYSE (AMEX lilt only), p- Poclflc. Philadelphia Instine! it block trading system used by institutions (I) Soles in full DIVIDENDS Are on nuol unless otherwise identified (Oi plus eirtro, (b) poid so tor this year, no lor rate payment on accumulated dwidends Id) ooid lost year, (e) cosh plus stock ooid in 1976. (fI cosh olus stock ootd 1977, Igt annual rate olus stock dividend, (h) ooid this year latest dlyidend omitted oer cent in stock ooid 1976, (k) oer cent in stock paid in 1977 (a) in bonkruotcy receivership or reorganization, (si coottol distribution, (wi) when issued, rants The price of a stock os multiple of per shore earnings derived by dividing the latest 12 month figure into lost sole price BOND FOOTNOTES interest.

con vertibte issue, nwnew issue, registered bond St stomoed Issue. ww with war ro nts York NEW YORK (UPII Following ore selected nationwide composite prices for stocks listed on the New York Stock Eichange Sales Net (hds) High low Lost Chg High I ow Close Chg idles (hds) High Low Gl oboi War Goodnc I 12 31 Goodyr 110 GroreW I 70 Grond Un I Great GtNoNk I 10 8 GIWsFin 50 GtWst Unifd Grn I 14 Gryhd I 04o 8 Grummn 80 5 Gulf Oll I 80 7 GulfStU I 12 9 66 4 HomPa 8 Horns 13 MeclaMin 21 Haini I 20 9 Hercules I 10 HershF I 12 6 Heublm 132 8 Hewitt 40 21 Hilt on Ho 92 10 HoftartC II HoffElC 066 7 Hoi Inns 40 10 Homstok la 22 Honywl 160 9 Houstnl I 76 9 HoworJJ 32 8 IC Ind I 40 7 Idaho 2 16 9 i deal Bo I 20 9 III Pwr 2 20 ImoenlC 24 5 INA Cp 2 10 10 4 195 195 )- 3 43 27 27 1 7', i JH 1 7429'. W29 1 212121 1 10512'. 1 14 31 76 2322'. 23 1 5 221.

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1 10 87 31 Vi 31H 80 17 216 WhloPitt SII 345 56 17'. Whirlpool 1 12 27 While 1 10 6752 2524H25 White Votor 317 6't 6'. Wtvttoti 8 13 5'j 5' i t8e 901 WllliomiC 1 1065 25 25 1 56 1336 I 40 7 238 25W ------XV 1 20 11 735 50H ZoleCorp 88 6 4 15' j- Zavre Coro 5 836 i 8 ZenithRod 1 13 129 26'i Zurn Ind 48 9 8 Pop Top Tab Stays On Can By GREGG SZYMANSK! Staff Writer try and pull your pop top off! what Robert Holloway says, a public relations man for Reynolds Metals Company. The company has just developed a pop top that stays on the can. The people in Naples should expect to see the new type of pop top in retail stores next week, he says.

The new device is called the on The on said Holloway, be used on 18 different flavors of soft drinks distributed by He said that with conventional pull tabs as seen on most beer and pop cans the consumer opens the can by lifting the tab and pulling it I i forward. With on Holloway said, all the consumer has to do is pull the tab up and then press it back flat against the can, returning it to its original position. is the first introduction of the new tab in this part of Florida," said L.C. Regas of the distributor, Winn-Dixie. Robert D.

vice president and general manager of the Reynolds Can Division, said an appealing feature about the new tab is that it makes the can a 100 per cent recyclable. fact, if these new tabs were on every aluminum can we recycled in 1976, it would have returned to us more than 2.4 billion tabs, or six million pounds of aluminum returned to be used Opening new top is as easy as 1, 2, 3, 4 AJIgLud I 21 7 Allg 161 8 AJIid C.1 I 80 10 AlliadSl 1 80 6 Allis Cho 90 7 Ait OO I 40 14 AMAX I 75 II AmrdH tOg I 44 3IH 3IH- Am Airlines 6 54 II'. ull'. ABrand 2 92 10 17 4SH 45' AmBrdtst 1 10 1 70 42 47 '4 2 40 8 39 39'. AmCyan I' 10 39 27'.

27H AElPwr 2 06 9 63 23H AmMostO 1 30 Home I 10 18 160 31H 31 AmHoso 40 16 23 27'. Arri Motors 53 4 4 4 AmNoR 264 8 21 AmStnd I 50 7 I 27 i AmStrs I 90 6 3 33' AmTtT 4 20 10 1 73 62' 7 P62 I 40 II 1 30 30 30 AMF In 124 II 13 21' Cp 13 144 Amstor I 35 6 19 2SH 2SH Apeco Carp II 2 2 2 ArmcoS I 80 7 8 29 ArmsCork I 12 SO 24 '7 24' 24' Asorco 80 13 440 AshlnOI I 90 7 32 34' 34' 7 1 AtlRich 160 II 79 54' uS4' 7 Atlas Coro 13 6 TOvi 20H Avnetlnc 60 7 13 17'. KolsrAl I 20 18 KonCSo 37e 8 Kan GE I 76 7 KansN I 48g 8 KanPLt I 70 8 Kenmetl 96 10 Kervott lib 104 87 28 XeMcG 1 25 13 64 69 KiddeW 1 20 KimtoCI 2 20 9 Knight 72 11 Kopoers 90 10 Kraftln 2 32 S3 31 g38 I 32 32 32 10 10 23' 23 4 16 20V. 31 25' 681'. Kresge Kroger 12 58 44 2 47 25 26 45 32 16 739 34 33'.

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34 34 1 II'. '4 27 IS'. 12 42 American NEW YORK (UPII-Following ore nationwide composite prices tor selected stocks listed on the Americon Stock Enchange Soles Net Phone Companies Plan State Operating Group 33M Bab Wll 1 20 8 Bakerlnf 46 13 Bangor Pn am 80 II Beat Fds 96 12 Beckmn 32 15 Bell Hwt 84 Cp 2 9 2 10 BtocklD 48 55 Boeing I 40 9 BoneCa I 10 10 Borden I 40 9 Borg I 60 8 Host Ed 2 44 10 Bronift 24 7 BnggsSt 92 13 BrisMy 2 20 14 30 33 33 18 47 '1 47' 1 23 93 27' 0 72 25' 25'. 25' 5 5 20' 20 24 39 38' 50 18 33 17 33' 33 II u3l 4 '4 7 26'. 43 2 24 66 66 BritPet 34d 20 136 15 IS'.

IS'. 60 7 24 16 16 Bue y'US 13 33 26'. 26 BuddCo I .0 5 10 19 IB'. 19 Bunk Romo 37 Burllnd I 40 7 57 25 24'. 24'.

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TALLAHASSEE Plans to establish a Florida operating group, consisting of United Telephone Company of Florida and Florida Telephone Corporation, have been announced by Raymond M. Alden, president of United Telecommunications, Inc. Alden outlined United intention to gradually consolidate the management function of the two companies, beginning May 1, to the Florida Public Service Commission. Edward P. Kittinger, president of United Telephone Company of Florida, will become president of the Florida Group, to be headquartered near Orlando.

Kittinger joined United of Florida as vice president- operations in 1970 and was elected president in 1972. He began his telecommunications career with Carolina Telephone and Telegraph Company in 1946 and advanced to positions of general plant manager and general traffic manager with that company before transferring to United of Florida. John F. Dodd, president of MtdSoU 1 38 9 66 16 '4 ul 6 MMAM 1 70 18 130 53 '4 MinnPL 1 76 8 15 21'. Mobil 3 80 8 194 70 g70 Mohosco 90 8 IS 16 '1 16 4 Mon son 2 80 8 146 78' 78 4 78 4 MorgonJP 2 10 43 '4 MorsK I lOg 5 2 25 25 25'.

CorrierC 64 10 23 CatplTr 1 50 12 116 55'. 55 u55 CBS SI 7 Cetonse 210 II 30 50 50 CentSW I 269 6516H16 Cent Tel 1' j10 25 Cetn Te 7010 48 25' 25 I 20 7 2 27'. Chomplnti 1 ChmoSP 68119 12H12'7 12H ChoseM 2 20 9 121 31 ChmWY 211 6 2 41H 41H Chnsie 2 3271519' 19' 7 19' 7- Chris Craft6 IS5 5 5 Chrvslr 15b 4 112 Cm Gas 1 64 13 10223 23 CIT Fin 2 40 Citicorp 96 9 55 v. Cities Srv 3 City Inv 66 CleveEl 2 64 52 CoosllS Gas S5 60'. 60'.

44 13'. 40 33'. 33 35 11 4 62 c33 cir. CocaCoi 101 16 79 i i 71 CocoSti 40a 14144 9i 1. 88 13 114 25 25 25 1 a Col Got 2 24 1 1 2IH 21 i Comb Eng 2 10 20 CmwEd 2 40 9 31 30' 7 10.

I 1 1 Comm Sot 1 9 112 35' 7 15 7- 2 5 181 22'; 22H ConsFd 1 40 9 4 1 4 Cons NOl'i 1 114 37'; 37' 7 37' 7- Consm Pw 2 6 74 71Hu2P. ContlAir Lin 10 IS 6H 6' 7 6' 7 ContlOil 1 20 8 120 35'ii MH35 ContTel I 01 1021 ControlO IS 129 23 .2323 CornG 1J2o 1360 CPC Int 30 9 13 41' 41'. 04IH Crane I 20o 7 4 7 31' 7 1 10 11 114 40'. CurtissW 60 7 6 16'. 16'.

Lvprjs 1 40 24 20 24H i4 1 DonRivr 48 5 7 IH1 .1 Dona Co 92 8145 21 21 1. ind la 8 33' DavcoC 4 9 11 II 11 Day PL! 66 9 59 19' 7 1 Deere 1 10 1 327 10 Del Moni i 76 28 71 21 a DeltaAir 70 1 6 32 7 32' 7 M2 7- Dtnnisn 1 24 7 12 26' 7 26 26' OetEdls 1 45 925 7 1 10 10 17'. 3737'. 1 Diebold 50 94 DiaMoi Eqpt 21 45'. 1.

Dillon 1 Mg 13 2 Cksnev 16g 16 94 19 DrPeOpr 44 15 27 12' 12H 12' 7 OomeM 16 8 49H OowChem 1 12 521 39 19 'i Oowjns 1 16 16 16 1 Dresse- 80 1071 40H Ouke I 60 9 40 21 '( DuPont 5 14 31 133 133 133 'i 1 Duqnet 1 72 10 46 19' 7 19H 19' 7 -----E oko 75 7 2 II' 7 11' 7 Motorolo 84 i6 111 48 41' Moun Fuel 2 11 20 42' 1 42 742'7 MISt Tel 1 889 MurpCo 1 20 7 2 19 Nobisco 2 52 47H- NatAirln 50 121 19 NtlDistl I 60 7 41 25 24'. 25 NIIGvp 105 1044 16H 16HI6H Nat Stl 2' XI Notoms 1 404 43 37'. 36'. 37 NCR Cp 80'0 376 NEnoEl 1 869 26 22 21'. NiaoMo 1 24 977 15 1515 NLIndu 1 20 9 NortkW 1 76 754 31 NoNtGs 2 087 II 47'.

47 NoStPw 1 949 57 28H21' 7 71 i- Nw Ban 1 92 10 153 53 NortnSi 60o 116618'. 11bit OccidnPet 1 9 1248 .26 OgdenC 1 20 6 27' 7 Ohio Ed 1 709 115 OkioGE 1 48 10 47 1919 Ul9 OkloNGos 2 7 Otin Cp 1' 741 41 41 Or Rckl 1 36 8 4 15H 1 OutbdM i 4084 i 26' 776' OwenCrFb 1 14 63 Owenlll 2 12 5 25 -----p PocGas El 2 8141 23 H23 23'. Poc Lto 1 618 Poc Petri 86 97 Poc Pwr 1 10 9 75 22'. Poc 1 409 217H 17H17H Pon Am Air 21124' 7 4H4H Panhnd 2 30 8 131 44 1 Iowa Farmers Try Tractors From U.S.S.R. Florida Telephone Corporation, will become vice president and associate general counsel for United Telecom in its corporate office in Kansas City.

Dodd joined United Telecom as assistant secretary in 1966 and was vice president in the finance division when he transferred to Florida Telephone as executive vice president in 1974. He was elected president in 1975. Alden said a small group of officers, common to each company, will be named later, as will a vice president and general manager for each of the companies. Group will be the fourth Alden said cost savings was gest of nine operating units in the major reason for the United Telephone System, tablishing the Florida Group, serving more than 460.000 EDWARD KITTINGER UTS president. but that he anticipated it would take at least two years to realize the potential cost sav- Chamber To Hold Seminar The Naples Chamber of Commerce will hold a seminar Friday in the Parsley Sage Restaurant on the importance of a postive mental attitude in business and ways to develop motivational selling skills.

The luncheon and seminar, beginning at noon, will feature guest speaker J. Neil Dwyer, area manager for the Dale Carnegie Training Institute. Dwyer, of Cincinnati, Ohio, attended the University of Kentucky and Salmon P. Chase Law School in Cincinnati. current responsibilities include scheduling all Dale Carnegie courses in this area and training of the permanent group leaders and graduate assistants.

Cost of the luncheon and the telephones in the central, south central and southwest regions of Florida. The United ings benefits of the consolida- Telephone System serves 3.6 entire program is $5. Reservation million telephones and nearly tions can be made through the When formed, the Florida 3,000 communities in 21 states. Naples Chamber of Commerce. Pennev I 28 12 III PennPL I 80 8 Penmol I 40 7 PeotX 3 40 7 PepsiCo 2 40 13 Pfizer In 96 12 PhelpD 2 20 17 Phi 10 El 164 9 Phil Mo I 30 12 269 56'.

Philips' 05b 10 10 7 7 Phi I Pet 180 II 195 Plllsbry 1 16 13 3 7 38 4 Pitney 80 12 93 Polorotd 50 15 78 35' u4l' 24 21 21 40 14 46 46 V- 85 63 28' 28V- 32 35V- 49 1 35' Eostern Air 3 79 8 EottK I 60o 18 295 74 8 73' 08 73V 2 8 II 43't EIPusC I 10 8 31 15 ElfroCp I 16 8 19 30'. EmersnEI I 17 34 Envch 1 72 7 46 Etmork I 76 8 5 3 2 32 32 Ethyl 160 6 4 45 1 8 6 27 27 27 3 9 350 52 40 7 14 ('. FairCom K) 15 106 6 16 22 V- 30V- 1 25 07' Potlatch wi 11 55 36' i i 36 PPGInd 2 20 8 80 56'. i ProcGo 2 60 15 57 I31. 83 i FuS Col 1 46 9 51 i PSE4G 1 80 8 79 22', i Pullmn 1.32 13 43 35'.

i PurexC 1 08 9 3 18 IS 7 II 7 Purlotr 1 12 8 9 22H 22'. Q------ 22'. OuokOat 92 8 177 7 Rolston 40 13 175 IS' Rapid Amer 7 7 7 Roythn 1 20 10 21 57H 057 RCA Cp 1 20 13 543 29H Reo Stl 1 60 8 6 14 1434 Revlon 15 42 19'. Rev Ind 1 9 121 069 RevnMt 1 20 10 4)5 Robshw 1 10 10 19 24 24 24 RochG 1 28g 8 7 1IH 1IH- Rockwll 2 20 9 4 7 33 RohmH 1 28 12 10 44 Rohr Indust 5 1 RovalCC 80 8 4 16'. RovlD 3 bi o7ap79 55' 7 1.

SatwStr 2 20 12 79 47H 47H47H- SIJAtorl 1 30 12 19 40 40 StReois 164 9 48 u34' Sander Asso 45 23 Son Fe Ind 2 8 65 37 RAYMOND BERQUIST joins realty firm Associate Joins Firm D.S.L. Realty Investments is pleased to announce that Raymond H. Berquist has joined their firm as an associate in general real estate. Berquist, a graduate of Dartmouth College and the Amos Tuck School of Business, served in the U.S. Navy from 1943 to 1946, and was an officer on a destroyer in the Pacific fleet.

Berquist has had an extensive business career, both in supervisory and executive level positions. Most of his career has been with the Colgate Palmolive Co and the American Cyanamid Co. PLAINFIELD, Iowa (UPI) a long way from the Soviet Union to one of most conservative areas where Ron Ihde lives and sells farm implements, including a Russian tractor line. farmers may criticize me behind my back but no one has ever come up and called me Ihde said. "But, one thing about selling them, you know right away whether a farmer is for 'em or against no beating around the The tractors are manufactured in Minsk, Vladimir and Lipisk for Satra Belarus, Inc.

The 70-horsepower, series 500 machine is listed for $7,500 much less than its American- made counterpart. getting more tractor for the said Ed DePuew of Clarksville, Iowa. buying the same horsepower for not quite half the DePuew is a wheat farmer who said his purchase of a Soviet tractor is simply good business. have no problem with buying a Russian tractor. I know why I should have all part of world trade.

They buy my wheat you know and I buy one of their tractors a fair Ihde, who got into the business in 1971 running an ScherinoP I 14 98 40 Schiumo 80 17 243 57'. SCM Cp 80 6 22 ScoftPap 76 10 400 19 Seogrom 86 8 2 27V- 21 6'4 40 16 '4 16 62 72 4 72 48 2 3 201. 20 7 33 25'. 9 3 7'. 7.

Fairclnd 30 9 FairmtF 68 7 or on Mfg FedNatMt I 6 Firstne I 10 13 FsPaCp I 32 10 Fleming 10 8 I 16 17 FloPCp 2 9 FloPLft 1 56 II 18 FaodFoi 20 10 FoxlMc 3 20 6 59' FtxMcKes I 7 14 16 pl6 FieptM 160 9 II 2iV Fruehuf I 80 8 30 GAF Cp 60 10 17 IP. GonneffCo I 16 47 35'. 35'. GftAmOil 9 16 1 59 59 Gen Ovnom 84 SI 51 Gn Elee 110 13 135 52 52 GnFood 1 64 9 31'. 60 5 12 Gen Instr 2k 24 40 GenMiils 76 12 H6 27 GenMot (5b 7 456 PubU I 9 24 18 18 Gen Steel 565 I 6.

GTE 29 164 29 u29- Tire i 20g 6 43 Go Pat dug 16 264 Gei ber I 30 91 30 Sears I 80a 63 SfteilOil 3 20 7 Sierro Poc 1 8 I 10 9 Singer lOd 7 Smlthkline 2 16 Cor El I 56 10 ColEd I 6 SouthCo I 46 10 351 16' SoNRes 1 85 7 26 52 SoPocif 2 24 8 96 50 Roil 2 32 10 59 57'. 57 SwstBcshr I 8 7 SowsPS I 10 8 26 13 13 4 Sp Rond 92 9 272 38 Sauibfc 96 12 47 51 Brnd I 28 12 64 28J. StdOCal 2 20 SfOlind 2 60 9 StaiOh I 36 23 SferiDrg 70 II SfewWn I 96 8 StudeW I 68 5 Sun 2 6 Sunshine Ml II 48 72 72 2 45 48 85 75'. 975 18 3S3 72 p22 957 13'. 31'.

53 196 127 S3'. S3 79 94 42 4 45 2 35 4 31 42'. 42 4 136 45 45 32 ------T T-----Tandy Corp 9 66 Teledvne 3k 6 64 Teneco '88 8 372 Tenoco 2 9 6 79 1 15 9 9 41'. 41. P4I GosTr 2 8 111 44 44 44 9 uIf I 20 15 8 I 32 594 87 15 350 19 4 30 30 140 9 32 20' 4 I 40 8 III 26 26 Thiokol 84 6 5 23 Timkn 2 20o 10 I S4 54 31V- 4 30 4 b20 4 26 Burger King Plans Drive-In Window If hungry on a hot afternoon and want a double-beef cheese Whopper, you have to get out of your car to get one.

Burger King, 2425 Tamiami Trail North, has started construction of a drive-in window, located on the south side of their building. should be done in about a month," manager Bill Gibson said. a customer has to do is drive up to the window and place an Gibson said he sure if the window would increase sales, but he said it would "sure help people get their food He said it would also help cut down the long lines in the store during the busy period from 11 a.m. to 2 p.m Gibson has been the owner of the Burger King franchise since 1975. He is married and has two young children, Mike and Kerry, who attend Pine Ridge Middle School.

Burger King is opne from 10:30 a.m. to midnight Sunday through Thursday, and from 10:30 a.m. to 1 a.m. on Friday and Saturday. Gibson, along with other selected area franchise owners, will be attending a week-long sales and marketing seminar at the Marco Beach Hotel next week.

Top Burger King executives also will be in attendance at the meeting, scheduled to start Sunday. The group will attend a dinner at the Bath and Tennis Club Monday night. Thinking about the dinner, Gibson asked, wonder if be able to order a double-beef cheese Whopper to implement repair shop, also sells German Deutz tractors, as well as Danish and Swedish implements. He said he added Belarus to his line because of its economy. The sale of the foreign implements in the area is not popular with some of neighbors who work at the John Deere and Co.

Tractor Works in nearby Waterloo. too pleased because of this (foreign equipment) and were really not happy when I brought in the German tractors earlier and sold one to the Plainfield school Ihde shrugs off the criticism. felt we need to offer something that's realistic. Take the young farmer who is starting out today. no way he can buy a tractor off the American market.

offering something that is competitive it even competes with the used market Parts are no problem and much of the maintenance can be performed by the farmer his machine shed, Ihde said But, he said, farmers must think in metric terms instead of American measures. Ihde said, for example, the Belarus does not use disposable oil filter like Ameri can implements. Instead, he said, its oil filter along the principle of an old cream separator which spins and throws sediment to the outside. nobody else with one like it and it cleans 100 times finer than paper filters. It's simple to service you take it apart, wash it and put it back together and you can use a cheaper In comparing U.S.

and foreign-made equipment, Ihde noted manufacturers deal with different factors. build for durability and service and not as concerned about how fancy the thing will look. I feel American manufacturers are putting too much emphasis on saleability and to me the economics of the whole picture gets really goofed up. I feel the Russians are on the right track. far as the political picture goes, not so certain Russia is always aggravating us not when bringing their tractor over here.

lot of grain farmers around here that shook up about running a Russian tractor. If the Russians are going to buy our grain no reason we buy tractors especially at the UPI Ihde stands in front of Russian tractor UNLESS YOU LOVE PAYING TAXES CALL 800-638-1527- NOW. U.S. Individual VncomeTax Return Rowe Price Tax-Free Income Fund: Income free of Federal Is sales commission small $1,000 initially Has daily liquidity Is professionally managed. The adviser, T.

Rowe Pnce Associates, manages some $2 billion of no-load assets and has some 40 experience with municipal bonds. nvis to venait You have only limited opportunities to save on taxes, so please consider this one. Very simple! You probably have a taxable savings account for emergencies. Very commendable! You may keep more in that account than needed for emer gencies and pay more taxes than necessary. Very extravagant! You could place some savings in our Tax Free Income Fund and save on Federal income taxes.

Very easy! Cail tf busy, or tf iti Maryland, cai 101 547 21 Vi colkvt, or mi1 (or Our 1977 Tax Redut tion Kit (fave ti TiixFw Fund, Ini H43 100 Pratt Sitivi Murytaixl Nomt Adir City Siale Fu nure cumpk'U' in kv aiKlmln i and t'xprnstv oltt.un a pKfcfiwtufc Kt.nl il yiw muM or tfend nxxvy ROWE PRICE TAX-FREEINCOME FUND, INC..

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