The Naples Daily News from Naples, Florida • Page 73

Dow Jones Registers 3rd Straight Gain NAPLES DAILY NEWS Mar. 16, 1977 5B NEW YORK (UPI) Stocks, registering their third straight gain despite late profit taking, climbed to their highest level since January Tuesday in the heaviest trading of New York Stock Exchange issues in a month. Wall Street was hopeful the bargain-hunting rally signaled an end to a two-month slump brought about by institutions switching to stocks that pay higher dividends per dollar and by investor uncertainty about the economy. The Dow Jones industrial average, up about nine points at one time, gained 6.65 points to 965.01, the highest level since it closed at 965.92 on Jan 25. The blue-chip 10 64- point gain Monday was the best in three months.

The NYSE common stock index rose 0.27 to 55.37 and the average price of a common share increased by 16 cents. Standard 500-stock index, containing some over- the-counter stocks, gained 0.56 to 101.98 Advances topped declines, 963 to 517, among the 1,930 issues crossing the composite tape, the largest number of stocks traded in months. Big Board volume totaled 23.940.000 shares, up from the 19.290.000 traded Monday and the heaviest turnover since 24,044,030 changed hands Feb. 8 Composite volume of NYSE issues listed on all exchanges totaled 28,910,980 shares, compared with 22,310,120 Mondav. Many observers noted the market traditionally has taken off when analysts least expect it.

Some said this was what might be happening the past three sessions. Much of the activity was attributed to internal market activity following heavy selling the first two months of the year. Observers also said the market also was helped by indications the economy came out of the severe winter weather in better shape than many had anticipated. Treasury Secretary W. Michael Blumenthal has said he expects the growth to improve substantially in the next three months.

Investors continued to be encouraged by the Federal Reserve report last week of a $600 million decline in the basic money supply, following a $1 billion drop in the preceeding statistical week. This reduced pressure on the Fed to tighten credit. The rally was helped by reports that early March sales jumped 19 per cent to 256,926 new cars, breaking an 11-year-old record for the period. Ford gamed to General Motors to 72Vg and Chrysler to Among the blue chips and glamors, Du Pont, Eastman Kodak and International Paper all Dow average components along with IBM, Burroughs, Digital Equipment and Corning Glass gained a point or more each. Sony Corp.

was the most active NYSE-listed issue, unchanged at 10 in trading that included a block of 100,000 shares at Prices rose in active trading on the American Stock Exchange The market value index gained 0.45 to 112.06 and the average price of a common share increased by four cents. Advances topped declines, 371 to 282, among the 935 issues traded. 100 980 960 940 920 900 i i i '1 i i i i Dow Jones Average 30 INDUSTRIALS Mor. 15.1977 um HIGH 970.33 LOW CLOSE 965.01 UP 6.65 du 25 Mor. 4 11 Dow Jones Averages closed Tuesday at 965.01 1 I Market Review NYSE COMPOSITE STOCK SALES By United Press Internotionol Tuesdov total 27.881.000 Previous dov 22,310 120 Wnk oop 22,965 690 Month ogo 25,374 380 Yeor ogo I floor i 23,78 3 570 1977 to dote I 297,977 372 1974 to dote 1,530 931 905 NYSE BONO SALES fnternotionol Tuevtav total 350.000 Previous dov 18.no,000 Week ogo 17 626,000 Montfi ogo 17,685,000 Yeor ooo 20,435.000 1977 to dote 1976 to dote 1,342,101 500 AMEX COMPOSITE SALES United Press internotionoi Tuesdov stock total 3.120 500 Yeor ooo (tloorl 3.271.505 Tuesdov bond total 270.000 Yeor ooo SI.164 000 DOW JONES AVERAGES NEW YORK Jones doling range of overages Open Higti Low Close Chg 30 Inds 961 77 970 33 958 19 965 01 65 Trns 226 19 228 225 26 227 00 15 Utils 106 69 107 27 105 89 106 44-0 12 65 Stks 312 84 315 41 311 44 313 72 1 88 Transactions in stocks used in overages Tuesday Industrials 1 956 100 Trons oortotion 372 700 Utilities 593 500 Total 2.992.30C Range at prices mis year OOW JONES STOCK AVERAGES By United Infernofionol Trimtii Stks 11 963 43227 02 1 6 72 313 44 Noon 962 106 56 312 92 1 pm 964 18 226 68106 '5 313 49 2 pm 17 227 21 66 3U00 3 0 227 21 106 66313 97 Close 01227 36 44 313 72 Net chg 2 0 -0 12 1 88 Pet 0 69 4-089 -0 11 4-0 6f Feu Nov Aug Feb 20 IS IndsTrons Utils High 999 75 237 52111 (7 Low 931 52221 81 104 97 BondsClose Chg 20 Bonds 90 94 04 10 Pub ils 10 Indus (S 03 TREASURY BONOS NEW YORK (UPI) Closing over the counter US Government Treasury Bonds Tuesdov Prices auoted in dollars and 32nds Bid Ask Chg Yld 94 0 95 0 6'8 90 28 91 28 04 6 28 101 4 102 4 6 44 98 12 99 12 6 64 82 12 83 12 6 64 96 97 12 6 92 77 16 78 16 6 80 82 28 83 28 04 6 97 95 0 96 0 6 69 71 72 784- 08 6 70 105 28 106 28 12 7 52 73 24 74 12 6 99 72 0 73 0 8 6 83 95 20 8 7 13 99 12 100 '2 7 SO 77 8 73 8 08 6 8 7 710 71 0 08 5 50 96 20 97 20 08 7 24 71 0 72 0 08 5 81 106 20 107 20 04 7 75 101 12 102 08 7 69 105 24 106 24 04 7 74 102 16 103 12 7 72 104 28 105 28 08 7 80 98 16 99 16 08 7 75 4S 3 1980 7s 1981 6 198: 3 197M3 Jun 6'sS 1984 Aug 3 1985 May 4 197545 Mov 6 is 19(6 Nov 3 iS 1990 Fee 1990 Mov 4 1917 92 Aug 4s 1988 93 Fee 1993 Fib 7 1993 88 Aug 4 is 94 May 3s 1995 Feb 7s May 1998 Nov 8 93 8 2000 8s 2001 8 iS 2005 2007 DIVIDENDS By United Press International Period Amf Pay Record INCREASED Auto Smutch 30 Citicorp i Fst Ntl Bk NJ 50 UIP Coro 05 RESUMED Mort 07' STOCK Kratos I Opt Rvder System 3pc INITIAL Biscavne Fed 17 Martin Process 10 STOCK SPLIT" Son Jose Water 2 tor 1 OMITTED Spencer Foods WHAT THE MARKET OID By United Press International NYSE Composite Tuesday Mondav Wk Ago SO 3 Mighs 92 41 S-23 Lows 47 $711 4-13 24Advances 933 5-6 3-2S Declines523 Unchonged 4 1 Totoi 19K 1905 1903 NYSE sales 429 Stocks Comp 3 31 Warrants 4 29 3 31 Bonds 350 000 4 29 J-l 4 14 415 WHAT THE MARKET OID By United Press International AMEX Composite May Fee Aug Aug Muv Fee INOEXES United Press International NYSE Common 55 38 4-0 28 industrials 52 4-0 34 Tronsoort 40 77 4-0 28 Utilities 40 184-3 05 Finance 55 42 4-0 26 AMEX Market Value 0 45 Av Sh Chonge 0 04 MARKETS AT A GLANCE NEW YORK (UPI! Markets at a glance at the close on Tuesday Stocks Hignei in octive trading Bonds Mostly higher US Government Bonds Slightly higher in moderate trading American Stocks Higher in octive trading London Stocks Mined Cotton Futures Higher Gold Futures Higher Chicago Grain Futures Wheat was unchonged to oft cents corn un changed to up 1 oats oft 1' i to up ond soybeans up 3 to 5' Cattle Trade Sales insufficient to es taeiish a morket Application Eng Assoc Coco Cola Beico Pet Cp Bunker Hill Sec CBT Corp Centron Corp Cons Nott Gas Conti III Prop Decorator Ind Dome Mines Earth Resources Economics Lae Federal Fluor Corp Gen Cinema Global Ri Est Hook Drugs Intercroft Ind Joy Mfg Co MAT Mfg Inv Mfg Hanover Natl City Corp Not1 Sec Enmpt Nevoda Savings Oiigeor Co Overseas Shiphidng Pefrolite Coro Roosevelt Nti Sto Rite ind Utd Realty Tr UPiohn Co Ups Ocwrns USUAL 05 is 25 IS', Tuesday Monday Wk Ago New Highs 233( 19 New Lows 40 39 2 Advonces3S4 308300 Declines 2(02(8 4 29 4 8 Unchonged 278 315 331 4 29 331 Totols921 903 919 3 31 3 23 Amer on Stock E.change sales 25 Stocks Comp 3 120 500 420 3 31 Bonds 270,000 4 IS 4 1 IneJen High 112 14 Low 111 59 Close S-16 4 IS 112 06 up 0 45 STOCK PULSE By United Press International Copyright 1977 Tuesday March IS, 1977 NYSE Composite Most Actiyes By Volume Stock Div SonyCp 04b Firsfne 1 10 CocoBti 40a int 1.76 2 AElPwr 2 06 PocGosEl 2 NoNtGs 2 08 DowChem 1 Asorco 80 NYSE Composite Largest Net Changes Vof Close Eoms PEYld 407 300 10 SO 48 21 0 356 500 21 1 74 13 0so 253 '00 9J, 0 6614 04 3 246 700 958 4 9 207 1 00 3 20 9072 200 231,26690 8 7 192 100 23 2908086 SOO 47 63070 4 4 330 1202 5 1(4 400 20'.

1 0 39 CHICAGO GRAIN CHICAGO (UPI) Wheat was lower corn higher oats mined ond soybeans suestontially higher ot the close Tuesday on the Chicooo Board of Trode Wheat was unchonged to off cents corn unchanged to up oofs off to up and sovbeons uc J'j lo Trode was iioht throughout the session which was without ony fresh news Higher corn futures were attributed to improved upon and soybeans advanced on concern over shrinking suoplies of the suooly on hand Wheat declined in reoction to prospects of more ratn In moisture-short growing oreas The Outside morkets were lower GRAIN FUTURES By United Press International CHICAGO BOARD OP TRAOE Open 4 26 3-27 S-30 4 I 4-15 4-15 4 15 4-25 20 429 01 5 16 4 IS 26 4 15 07 48 05 07 25 07' IS 05 17'1 18 27 06 4 25 S-l 1-11 4 20 4 11 4 29 3-31 4 IS 4 14 S-2 429 3 18 4 25 3 25 3 29 3 31 3 31 4 5 3 21 4 IS 4 15 4 7 3 25 3 29 4 1 IS 3-31 4-1 5-2 4 IS 3 19 331 3 31 4 7 4 IS INDEXES By United Press International NYSE Common Industrials Tronsoort Utilities Finance Market Value Ay Sh Chonge Close Change 55 0 27 60 52 34 40 77 0 28 40 18 0 05 SS 42 0 11206 0 45 0 04 MARKET INOEXES By United Press International NYSE ASE Dow Jones ind SUP 500 Stocks treasury statement WASHINGTON (UPli Withdrawals and deposits in Treasury accounts tor fiscal yeor through Moren 11. round ed to neorest million donors' THIS YEAR Withdrawals Deposits 366(14 Cush bolonce 7.465 Public debt 935 internal Revenue collections on March 11 were Si 418 Stock Oiv Close Cft Earns Yld EmpGos 40 241. 2 3 28 8 0 1 6 EltroCp 1 16 23 70 8 0 3 8 Tecmcor 40 341. 3 92 9 0 11 Cumins 1 40 r. 7 66 7 0 27 Konec Sv p.

3 14 11 0 2 Bucvrus 130 24 Sup Oil 1 80 217'i 11.13 19 Momstok to 42 i 1 93 22 0 24 JhsnCn 140 in 3 83 10 Digital 1H2 22 21 0 Composite Most Actives By Volume Stock Olv VOI Close Eorns EYld USF.lter 28 14 57 9 0 1 9 Anglo 97 500 84 I '3 6 HoustrvO 85.400 2 14 22 0 1 7 Asomero 25 71 700 ir. 0 98 11 0 22 Grt Bas Pet 900 6 0 10 64 0 Rese Con 08 45 300 20 1 St 13 0 0 4 Koi serin 41 100 1 1 98 8 0 1 6 Fiimwv 05f39.200 10 41 19 (0 05 X)Q 800 2 21 9 020 Gen 33(00 11 0 20 0 Mor Mov Jlv Sep Dec Mor Com Mar Mov JIV Seo Dec Mor Oats Mor Mov Jly Sep Dec 771 278 284 292 3 0U 3 10 264 26 2 68 2 74 1 51 Composite Largest Net Changes 55 38 UP 0 28 06 UP 0 45 09 UP 101 98 UP Mutual Fund Reports NEW YORK (UPI) Following ore pnces on the New York Stock E.chcing* Bond Mor kef Voi Net Rating Yid ihdsl Close Chg A 89 2 BBB 4 7 BB 7 9 A 90 BBB 6 4 AAA 8 2 AAA 82 AAA 65 AAA 54 Stock Olv AmMf 2 10b Shen Oil Cp SpencFd 32 SeasnAn 26 RltRtd Wynnsln 30 Van Dorn 44 Riley Comp Ptontron 08 PitOM 1 20a Close Cftge Earns YM 8 25 829 8 23 8 '9 709 7 12 7 18 Mov 721- SoyHean Oil Mav Jly Aug Sep Nov Jon High Low Close Prev 1 MO Du cents oer I bu i 271. 269 2701. 272 2 7( 1 2 751. 2 772 77 i 2(52 82 2(3i 2(4 2922 882 90'.

292 i 3Oli 2 97 1 300 3 011 3 10 306 1 09 2 310 1 Oucents per bu 2 531. 2 522 521. 2 521 2 59 1 2582 58! 2 58 264 263 2 66'. 2 65 2 65.. 2 65 270 2 68 2 69 268 2 76 2 74 2 752 '4 bu cents per bo 1 681 68 .1 70 1 ov 1 68 1 1 1 6O1.

1 62 1 62 1 59 1 57 1 58 1 57' 1 61 1 60 .1 60 60 bu cents oer bu 8 30 (27 8 23 8 33(22 829 8 241. 8 32 8 22 298 22 8 24 (15 (21 8 IS' i '62 1 54 7 59 7 50 7 IS 7 07 7 10 17 06 7 19 7 12 7 11. 7 23 7 1( 7 21 j7 16 7 24 720 7 24 7 IS 1 000 lbs cents per lb 51'. 2 83 50S 5 Mor 7026 1526 60 26 35 1 44 18 26 3526 53 5 -O'. 0 5790 Jlv 75 27 19 26 27 05 26 70 5811 0 1 5 Aug 26(0 27 27 05 26 62 2 1510 0103Sep 26 60 45 26 (0 26 28 10 i -0 1: 502 9 Oct 35 25 70 26 35 25 80 9'.

0 i1 6060 4 6Dec25 60 25 9025 40 25 70 25 43 21 1 3 39 60 Jon 25(5 25 4025 60 25 42 12 -O' 1 0(9 14006 Mor25 7525 90 25 50 25 75 25 48 0 I ill 50 44 May 25 7025 45 NEW YORK (UPI) Following Is list of bid and asked prices on Mutual Funds os quoted by the NASD Inc March 15 1977 Ask Acorn Fd 14 10 Adv Inv 10 14 Aetna Fd 7 36 8 04 Aetna In 12 97 14 17 Atuture 9 24 AGE Fd 5 29 5 40 Allstate 8 59 Alpha Fd 10 74 Am Birth 9 80 10 71 Am EatV 5 01 5 48 AM FUNOS GRP Am Bol 8 06 8 81 Ame OP 5 58 6 10 Am kM 9 84 10 75 Bnd FA 14 85 23 Cap A 6 34 6 93 Gth Am 4 55 4 97 Inc Am 16 42 17 95 Inv Am 13 95 15 25 Nw Prs 16 IS 17 65 Wash 7 10 7 AM OCN GRP A GnSd 8 99 9 83 A GCGr 4 13 4 51 A Gnlnc 6 55 7 16 AG Ven II 08 12 II Eaty Gr 6 62 7 23 COLONIAL FUNDS Conver Fund Grwth Incam Col um COMMON WLTH TRUST A A Corns Bd Comp Fd Concrd 8 98 9 81 9 57 10 46 4 85 5 30 8 70 9 51 15.06 1 01 1 09 1 51 I 8 99 9 67 7 67 I 25 12 31 Cons Inv 10 12 10 50 Cnsln gw 5 75 ConMt In 6 50 Contrv 11 78 12 73 Dov idg 7 49 DELAWARE GROUP 12 22 13 36 9 44 9 88 II 31 12 4 82 5 27 31 34 til 4 09 4 47 22 39 I 16 23 9 Dec aft Oelch Deiw Delta deVegh Drect Cp Oodg Bal Dr Burh FRANKLIN GROUP DNTC Gwth Sr Fi Incm US Gv utidtie Res Cap Rs Eaty Fkl LfEa FdMf FUNOS INCP GROUP Convn 8 76 9 57 impoc 8 33 9 10 Indus tr 10 74 11 74 Pilot 8 25 9 02 GE SSP 111 ill Gen Ses 9 37 Grfh Ind I7 52 NL HAMILTON GRP Fund 4 30 4 70 Grwth 6 80 7 43 72 7 25 5 41 5 83 1 77 I 91 9 73 10 49 4 59 4 95 2 60 2 80 3 29 3 55 8 45 9 23 8 14 8 40 8 53 LUTHERAN BRO Bfoh Fd 10 60 11 58 8-0 I IK 9 32 10 19 B- MBa 11 02 Bro US 9 84 1 0 75 MASS CO Freem 8 14 8 90 Indp 7 23 7 90 Moss 10 11 72 MASS FNCL MIT MIG MID MFD MCD MF Mofhe' 10 80 II 64 851 918 14 62 IS 76 1201 I29S 13 10 14 12 15 63 16 85 13 36 6 55 7 16 3 96 4 27 5 50 93 4 94 5 40 5 44 12 38 2 79 3 0 5 I 00N 6 58 7 09 7 37 7 95 4 60 4 96 6 78 7 31 Fnd Am Provt In Am Grth Am Insln Am Invst A ly Ine AniNt Gr ANCHOR GROUP Doiiv In Grwth Incom Spetti Fnd Inv Wa Nati 10 13 10 92 7 15 8 58 AXE HOUGMTON Fund 7 94 8 6J Incom 4 95 5 38 Stock 6 05 6 BLC Gth 10 41 II 38 Ine 1 Bufo Inv 9 47 HI 8 54 an 9 45 NI SERGER GROUP 100 Fnd 7 25 101 Fnd 9 15 NI Berkshr 7 96 8 70 Bondstk 4 88 33 Basi Fdn 9 55 10 44 Brown 45 372 CALVIN FUNOS Bull Fd IJ04I4 2S Cdn Fd 7 54 8 24 Div Shi 3 14 3 44 Incotti 14(5 Notwd 10 04 10 97 NY Ven II 29 12 34 CG Fund 9 10 55 CG IncF 46 9 15 Cop Prsv I00NL Cent Shs IO 75 11 59 Chal Inv 10 25 II 20 Chart Fd 14 0( 15 CHASE BOSTON Fnd Bos Fron Cp ShTr Bs Speci Chttti Fd Chep Dm DREYFUS GRP Divt Fd 11 88 12 98 EatV Fd 5 46 Dryt Lv 15 5116 95 Dryt LA 10 01 Sp Incm (il (Il fcB 15 50 3rd Cent (il Eogie Gr 10 09 11 03 EATON A HOWARO Bali' Fd Foursq Gwth Ine me Specil Stck Fd EDlE Sp Edson Gl 8 49 9 15 8 44 8 45 9 11 6 11 6 59 6 01 6 48 9 20 9 92 16 49 9 11 et Fd 10 86 II 80 Eifun Trt (il (il FoirtkJ 9 76 10 Fm Bure 8 28 FEOERATEO GR A Leadr 9 02 9 16 Empie 19 19 (il 4th Emp 18 14 (I) Fr 1291 FIDELITY GROUP incom Hart Gth Hart Lv Meritge Moldg Tr Hoiate imprl Cp lmp Gth Ind Am Integon Iti Invest Inv Guid Inv indie Inv Bos INVEST COUNSEL Copom 8 90 9 73 Capit Sh 6 0K 6 64 INVEST GROUP IDS Bnd 5 (9 6 7 TV 8 52 10 94 7 35 1 32 (Il I 00 15 37 16 62 7 75 7 97 303 (Il 8 47 9 J6 8 80 I 52 10 26 11 06 ML Cpf 13 18 14 10 Wl I Mid Am 5 23 5 77 Monev I 00 Manv Fd 9 29 10 15 MSB Fd 14 15 N.l Mtl Bn 9 05 9 8V Ml Fd (71 942 Ml Gro 3(7 4 18 MUT OMAHA FOS A nier II 75 II 93 Grwth 4 06 4 41 Incme 9 44 10 26 Mut Shis 28 6J Not Indu 10 87 NL NAT SEC FDS 9 58 10 33 5 7 76 8 48 9 59 10 48 11 92 13 03 9 10 67 13 76 15 04 10 38 11 34 8 04 8 79 7 44 8 13 9 99 10 92 12 90 I 88 I 00 5 50 6 01 9 00 9 84 8 92 9 75 Bond Sr Dividn Stk Incom Stock Sr Gr wfh 4 64 5 00 4 17 4 50 815 5 47 5 90 8 32 8 97 5 62 6 06 5 35 (il 4 66 5 06 3 06 3 32 4 93 5 17 9 21 10 01 1901 20 66 9 45 10 16 6 46 7 02 5 08 SS 5 10 3 49 3 (1 2(1 Bnd deb Captai Contro Dly ine Dest 8 79 (il 8 50 9 29 10 97 100NL 9 50 (0 Eouity I 15 Fund 23 il (Il 10 42 11 09 12 12 4 89 5 34 10 55 21 49 23 49 6 95 1 47 3 79 7 48 8 17 5 5 77 7 40 8 09 Il NL CNA MNG FDS Llbrtv 4SI 4 93 Muilhl 2 59 2 Schus 7 48 17 Mogi In Muncp Purltn Solem Thrltl Trend FINANCIAL PROORAMS Fin Dvn 4 Fin Irid 4 16 Fin Ine 7 87 FIRST INVESTORS DiSt Fd 5 41 5 91 Grth Fd 6 47 7 07 Incom 9 45 Stock 8 45 9 23 Ist Multi 8 22 IstMI ine 10 00 44 Wall 16 15 Fdn Gf 3 94 4 31 FOUNOERS GROUP Grwth 4 47 4 Incoiti 39 13 55 Mtuol 18 10 03 Spot il 8 76 9 57 IDS Gth IOS ND IDSPr IDS Mutual Stock Select Vor Pov Inv Resh I I Grwth Incom Trst Ut Trst Sh 10 42 1139 istei Fnd 19 49 20 09 Ivy Fund 6 16 Gwth 10 74 1 1 Jonus Fd 17 I Johnstn 19 (7 JOHN HANCOCK Bolne 9 05 9 84 Bnd Fd 19 41 21 09 Grwth 5 79 6 29 KEYSTONE Cust Bl 17 18 Cusf 87 19 77 21 55 (ust 8J 8 37 9 14 Cust Kl 7 71 8 42 Cost K2 5 10 557 Cust SI 1( 02 19 69 Cust S7 9 54 10 43 Cust S3 7 64 8 35 Cust S4 3 6' 4 01 Apollo 3 98 4 35 Polar 3 27 3 57 LEX GROUP Cp 14 42 15 81 GfWth 8 66 9 46 Incom 10 S6 11 54 Resich 15 17 16 58 Life Inly 7 01 7 LINCOLN NATL SeK Am 7 iO Sell Spl 12 74 LOOMIS SAYLES Cap Dv 10 .10 Mutual 11 04 LORD ABB Aft I lot 8 32 8 97 Bnd deb II 37 12 43 Incom 3 51 3 78 NEW ENG LF Eauitv 17 02 18 50 Gr wth 8 70 9 46 Incom 14 00 15 22 Side 13 43 14 60 UBRGR BER Energ Guard Part nr Nt A Ml Neuwth Newton Newtn iv New Wid Nuhlos finora Nest Ivtr Nuveen Omega One Will 13 79 OPPENHM FD Aim Fd 9 33 10 20 Op Fnd 6 30 6 89 llcom 8 66 9 46 iMony I 00 CB 10 29 Time 1 21 88 14 71 I 28 33 9 40 I 8 26 I 8 30 II 46 10 09 I 11 03 14 13 9 42 10 13 14 83 9 54 10 04 10 24 10 16 Pro Fd Provd Gt Prud Sys PUTNAM FUNOS Conver Eauitv Georg Grwth Incom Invest Visto Vovag Rjmbw Reserv Revere Safei Eq Safeco SCUOOER FOS I nti Fnd 12 87 Mong 10 2S Mgt Res 10 03 Sculn Fd 14 71 Stv Com 9 47 Specol 23 76 SECURITY FDS Faulty 3 96 4 33 invest 7 39 8 08 Ultra 9 74 10 64 Sentinel 8 19 8 90 Sentry 12 13 13 18 SENTINEL GRP S8 3 91 Bai Fnd 94 8 68 Com Stk 12 34 13 49 SHAREHLD GRP Comst 5 84 6 38 Entrar 5 36 5 86 Flet Fd 5 30 5 79 8 56 9 Legal 7 25 Pace Fd 10 36 11 32 SHE ARSON FOS Aporc 16 85 18 42 Incom 75 20 49 invest 10 25 1120 Sh Oeon I8 88NL Sirro Gr 8 SIGMA FUNDS Cap Shr 8 64 9 44 Inv Sh 10 45 II 42 Trst Sh 8 79 9 61 10 33 11 29 10 01 126' 10 93 11 45 8 02 8 6' 4 (4 5 23 UNION SERVICE GROUP BrdS ly 1201 1795 Inv 6 30 6 79 Un Capt 10 94 II 80 Union In 17 70 13 69 UNITEO FUNOS Accum Bnd Fd Cont gw Cant Inc Incom Seienc Vanga Utd SvcF USAA Ca 6 35 6 94 7 33 (01 904 9 88 9 40 10 27 10 19 11 14 5 58 6 10 5 13 1 61 7 70 USAA In II 7( US GvtS 9 79 9 94 VALU! LINE FDS VOI Lne 6 89 7 Val Inc 5 20 5 33 Lev Gth 9 32 9 56 Val Spe 4 IS 4 26 VANCE SANOERS InOTM 13 6014 (6 7 16 7(3 6 28 6 86 8 02 8 77 3 .1 86 VS Com Soeei VneJrbl Vndrtut I VANGUARD GRP 18 51 Ist I vest Morgn Trust We'siv Welttn Wstmn Windv i 14 10 7 11 15 9 17 12 21 9 89 9 65 10 3 51 3 82 OTC See aromi Paul Rev Penn Ml Penn So Philo Fd 12 28 1 1 35 (7( 9S4 5 99 6 55 3 70 8 14 rs 8 13 8 89 9 SI 10 39 PILGRIM GP PH Frm 17(2 13 49 Captai 3 47 68 Incom 9 23 9 72 Pilg Fd St 11 23 PIONEER FD Pion Fd 14 00 15 30 Pionr II 15 24 16 Pionnd II 46 12 46 PLI II 12 22 PH 3rn 7 93 8 6' PRICE ROWE Grwth 10 19 I Incom Nw Eia Nw Hoi Fi 10 04 I 11 03 I 6 96 I 10 18 I Ventur Smith SB lAGr So GenF Swst Inv Sw Inv Sovt Inv 08 13 20 Spectra 4 STATE BND GRP Com Fd 4 35 4 75 Divesif 5 01 48 Progrs 3 89 4 25 St Bol 9 St St Fr Gr 6 03 State Sir (7 43 25 STEADMAN FOS Am Ind 2 27 Asso Fd 1 10 Invest I 41 Ocean 6 STEIN ROE FOS Baioni 1 80 Capili 8 54 Stock 12 47 SIS KEMPER Kmp 10 79 11 48 Mon Mk 1 00 Mun B.I 10 59 II 12 Sup Gro 7 09 7 75 Sup Ine 9 90 10 82 Sup Smt 10 JO 11 26 Technl 29 7 vev 8 '( 9 60 12 IS 13 Temp Iv I 00 I ftan Cap '30 '93 Tran Inv 9 35 10 Tiavl Eq 10 17 11 II Tudor 13 77 CG 4 08 73 I 8 .19 WallSt gr 33 6 92 Weing 10 95 Wstid Gr 22 7 85 Wise Ine 5 38 88 NL no load dividend I unovoilable New York (UPII Closing US Treas ury Bills for Tues doy Matur wm i1 Unified Unlfund Mai 17 77 Mor 24 Mar 31 Apr 5 Apr Apr 14 Apr 21 Apr 28 Mov 3 Mov 5 Mov 12 Mov 19 Mov Muy 31 Jun 2 Jun 9 Jun 16 Jun 23 Jun 2( Jun 30 Jly 7 Jly 14 Jlv 21 Jlv 26 Jlv Aug 4 Aug II Aug 18 Aug 23 Aug 75 Sep I Sep 8 Vp Oct 18 Nov 15 On 13 Ion 10 78 Feb 7 Mar 7 Bid Ask Discount 4 7S 4 20 4 60 4 40 4 70 4 30 4 70 4 30 4 70 4 4 4 45 4 4 4 6S 84S 4 65 4 45 I 6' 4 IS 4 65 4 45 4 70 4 SO 4 75 4 55 4 's 4 SS 4 70 4 60 4 'S 4 55 480 4 60 4 80 4 60 4 80 4 60 4(5 475 4(5 4 75 490 480 4 90 4 70 4 95 4 75 4 95 4 75 500 4 80 5 00 4 80 5 05 4 (5 500 4 (0 500 4 (0 503 4 93 4 (6 4 76 500 4 (0 5 10 4 90 IS 4 95 5 20 5 00 5 75 5 05 5 25 505 5 2( l( AioPw 8 ssOJ Alcoa AmAir 4 ABrr A FrP 4 ATAT ATAT 8 07 AT AT ATAT Arco PL AnPS 7 45s02 Armour Atchison 4s95 ATO AvcoM js93 BethSt 9s2000 BosEd 12 Cat Tr 5' cetonese 4s9C Chose 8j.sA6 CMStP 5s 205 Cltcrp 6 45s(9 CompSci 6S94 Con Air 3 CraneCo 7s94 Deere ClelEd 10' DowC 8 90s 20 Duke 13s79 DuPont 8s(! East Air 5s92 6 6 97 FdNM 4 FlPwL lO'Jl FordCr 98 Gen El 8 GMAC 8 itlf MAC GMAC GMAC 4 s(5 GMAC 4sN GnMfr 8 05 85 Gn TU 6 Gen Tel 5s92 GoPoe 5 Grace 6 GroCSt 94 Gieyh 6' Gr umori 8s99 GuffOI 8' Gwlt Hercul InfTelT 11 s42 kresge Litton 3 Lockh 4 Loews LTV Ce Ss88 Lvks 7' 5VuiOr 6 .48 MeCro 7 Mellon Mera MoPoc 5S2045 Mo Poi 4 MoPoi 4 NotCash 6s95 NiaM 17 60 81 Nwstln 7' 1 94 OceidP 96 OtuoEd I0s(l Poe Tel II Poe Tel PoeTI 8 PonAA 4' (4 PonAA 4' (6 Ropel A 7s 940 Roekw 4 StLSanF SFelnd 6 4 98 SearsR Seatrom 6S94 Signal M5S94 Smelr 4 Sp Rond 6170 StOCol 5 StOCal 4 SlOlIn 6 40s8v Tennee 6'4 92 A 6 UnAirLn 5l9l UnMAM 4s90 US SU WestgE 8'pis WhCon 5' is92 Wicke ker 6S95 ratio A 84 BB 5 9 A A 6 5 8 95 AA (7 BBB 11 A 47 BB 4 CCC (7 BB 8 9 A 54 8BB 9 7 A (5 BBB 17 AAA 7 7 93 AAA 7 4 AAA 77 S3 BBB 9 9 BBB 55 AAA 1 A 8 0 AA 5 0 AA 4 AA AA 4 7 AAA 7 7 88 BB 6 7 A 4 88 BB 6 3 BBB 7 3 88 7 4 AAA (2 888 6 9 A 9 A S3 BB 5 i 8 (9 CCC (6 99 888 7 6 CCC 13 BB 5 60 AAA 7 7 CCC 10 BBB 1 BBB 7 BBB 7 0 BBB 11 BBB 8 2 5 A 92 AA 8 7 AA 8 4 AA 83 CCC 7 3 86 CCC 13 BBB S3 1(5 111 25 S3 1- 1 1 10 16 162 r- 4 i 4 60 100 12 1 Il 107' 5 4-? i 6 (4 7 6l I tSf- '1 46 6 104 is non 10II7S.4- 13 i 104 (4 100 Il 69 10 4( 45 79 7 20 101 25 109 S0 104 20 104 .4 274 SJS 25 (7 .4 I 30 110 13 I0T.4 312 88 I 105 20 1011 102 99 11 10 5 80 15 10 104 .45 price to eormngs Yld DivieJend veld jet deticit stk yield stock oer cent dividend in stock some dividends estimated eomingi latest 13 month unaudited I) most active stocks NEW YORk (UPH The most oc tive stacks New York Stock compon'te trading at 4 Tuesdav Sony Carp Firestone Tr CacoCoia ail 1 nil TeiATei Teaoco Inc Am lee Pwr Poe Gas Etc Nthrn Nat Gs Oow Chemtcl Asorco Inc Gulf Ol Crp Honevwe i Inc Am TelATei ElectiK Chrysler Cp NEW YORK (UP11 The 10 most oc five stocks American Stock Soybean Meal Mor tons 00 00 27 00 77'00 234 00 735 50 23 00 231 iM 234 00 236 50 232 (0 233 80 233 00 234 00 23' (0 232 50 217 00 220 00 216 00 217 50 194 00 195 00 193 00 194 00 192 50 190 00 191 00 191 00 191 00 '90 50 191 OOB 191 CI0B 193 008 oer ton 729 00 232 50 233 80 231 (0 3155O 192 30 189 50 189 80 190 50 192 00 Sctes Last 402 700 100 22 251 600 9 244 60C32'. 203J00 23S 191 80023 184 AV 20 i 17020030 400 52 154 500 20 composite trading at 4 pmTuesday 1. Sales Lost Chg McIntosh Cp 250 (00 16- 1 1 Filter Cp 106 000 Anglo CoLtd 97 S00 i. Houston Oil(2 400 46'. 1 Asamera Oil 70W 11'.

1 1 Grt Bsn Pet 9006 1 Rese Coftrll 45 9 Filmwovs ine 39.00010 1 Kaiser Indus 38 L. Corp 37.500 19 1 NEW The 10 most Mov Jlv Aug Sec Oct Dec Jon Mor Stay 8 Bid CHlLAoO (UPI) Closing of futures troded on the Chicago Mercantile Tuesday Open High Low Close Prev ibs. cents per tb J9 40 3( 95 39 17 39 72 41 90 41 45 41 (2 41 6t 42 90 42 55 42 77 43 1 2 42 42 80 44 00 43 5 43 77 44 7S 44 15 44 50 45 00 44 44 Estimated volume 11 328 eontrocts Feeder Cattle 42 900 mtt centi per it 41 20 40 5 5 41 00 40 50 41 47 40 (5 41 25 42 35 41 75 42 35 43 25 42 82 43 10 42 90 42 42 (0 43 15 47 (5 43 IS 43 50 43 20 43 50 Live Apr Jun Aug Oct Dec Feb Apr Star Apr 39 40 41 90 42(0 4J 12 44 00 44 75 45 OD 42 42 92 43(0 44 47 44 90 Aug Sec Oe' Nov 40 80 41 30 42 15 43 20 42 90 43 00 43 50 41 07 42 05 42 95 42 42 43 30 Estimated volume contracts Live Aug Oet Ore Feb Aor Jun 35 SO 20 19(0 39 10 37 10 37 80 37 97 30 OtC II 30 35 25 35 39 IS 37 72 39 10 3( 13 41 25 39 52 41 20 39 75 39 8 38 75 39 62 39 1 7 37 75 90 37 75 37 S7 3( 27 37 65 3A27B St 37 97 37 37 90 37 95 90 70 75 3' 00 10 38 08 Plan Sounds Good, But! Q. written that wiping out a mortgage might be best for retired folk because they would thus get rid of the monthly amortization expense. But if a person had a $30,000 mortgage at per cent and could invest that $30,000 at 9 per cent, why it be better to draw down the few hundred dollars a year required for amortization from the investment and thus retain both a per cent debt and a 9 per cent investment? A.

When you make it so attractive who could refuse? However, overlooking a few practical matters. Mortgages at per cent are as scarece as teeth. And even owing money at 634 per cent on your home and reaching for a 9 per cent return on your money could mean offsetting a very real debt with a less-than-top- quality investment. Furthermore and the clincher in my opinion how are you going to get 9 per cent (say, from a long-term bond) and still be able to draw down $500 cash a year? And (postscript No. 2) how about setting up a more realistic formula: 84 per cent or more on the mortgage and 4 per cent or less on the top quality corporate bond investment! Q.

What would be the difference between a glamour stock and a blue chip? A. A blue chip may be a glamour stock or as dull as dishwater. It generally boasts a long, long record of leadership in its industry, an unbroken record of earnings and dividends going back 20, 40, 50 or 100 or more years, a management which has proved its ability to cope in good times and bad. A glamour stock is usually that of an exciting, high research, new invention company which may or may not have a record of earnings and dividends. It may or may not have a long management record.

And it may be just emerging as a factor in a just emerging industry. Reading from the Stock "The Language of Investing," a glossary of financial terms: "A blue chip is a common stock in a company known nationally for the quality and wide acceptance of its products or services, and for its ability to make money and pay dividends. Usually such stocks are relatively high priced and offer relatively low a good definition, although low yields are no longer a characteristic especially in these days of strong competition from high yielding, high quality bonds. As to stocks," the glossary offers not a word, which is understandable enough. Glamour often lies in the eves of the beholder Q.

I am a woman, 48, interested in building toward retirement at 65. I have savings and bonds and have been reinvesting dividends in A.T.&T. Since the stock rose into the (0 area been considering dropping the reinvestment plan. I now have 45 shares. Should I put money into other utilities? A You lost me when you said considering halting the reinvestment in A because it rose into the 60 area.

If you have set up a program of steadily acquiring a blue chip stock you don't quit because the stock rises I would venture a guess that there could well be a telephone stock in the 17 years to your retirement and even beyond. Naturally. I don't mean that Telephone should be your only investment But 1 certainly would not stop buying it because the stock is acting well. A stamped, self- addressed return envelope will bring you a list of other stocks you could consider as well. Mr Shulsky welcomes written questions, but he will be able to provide answers only through the column.

For information on retirement, and pre-retirement planning, please include a self-addressed, stamped envelope Address your requests to Sam Shulsky, care of this newspaper Saccharin 'Hysteria Hits U. S. volume '043 controets 42 75 active stocks t'udeo on the OTC morket Froien Pork Bellies MC ibs cents per Il W'. Tuesduy os supplied bv NASD ib 17 Stock Volume Bid Asked Chg Mo' 90S3 51 SS S3 52 37 731.9 Debeers Consol 213.200 1 Mov 52(5 54 52 10 54 17 52 95 56 89 Intel Corp 100 50 1 Jtv S3 50 55 S3 10 55 00S3 (0 57 IOC j- 1 PennOftshi Gas Aug 52 5054 00 51 90 53 (052 35 9 103 Anheuser Bush100 700 Feb 54 60 55 3 5 53 55 SS 35854 40 166 Penn cite Co 95 200 3 1 16 3 1 4 1 16 Men 54 50 3 00 54 50S3 50 45 Amtcor lne 94 500 4 Estimated volume 5.134 eontrocts L. Cittn So NB mo 7H Potatoes(0 000 lbs cents oer ib (1 111 1 Bueno Dai (5 000 1 32 Mo.

7 757 75 7 7 68A 37 1 Monunwnlal Cp AV Nov 7 48 42 50 Govt Employ Ins66 300 S'. Wv Apr8 35N 8 151 5( -1 NASO Volume today 900 ktov8 55 8 55B 25 Advances 502 Estimated volume 32 contracts l( Declines JD2 Turkeys ibs cents oer Ib 19 56 Unchanged '720 80No5l (0 II (1 1 Total 2524 May 51 dSN51 23 IOO Aug 51 90N 51 90N 40 102 STANOARO APOOR INOEKESEstimated volume No contracts 49 NtW YORk 1 UPH Poor 8 9 I BBB 5 5 AAA 54 CCC 9 7 BBB 8 8 A 29 BBB 5 7 AAA 6 9 AAA 5 1 AAA 6 1 BB 5 3 59 BB 7 4 BB 7 4 A I 6 i (3 50118 92 91 153 129 i is 6 109 .4 47 103'. 21 6IV- I 4 18 S3'i 33 (2 4 92 10 (0 10 55 118' 7 SS 100'. 152 IS 106 4 1. 10 (2V 17 (5 i 101 77 117 4 3' 24 I 35 54 'i 49 5 101.4 120 98 4 11 4 I 14 Standard hourly indeies for Tuesday 1194' equals 10) 400 stc Indus Trns Ufits Fncl Horn 14 11 53 13 11 71 101 98 Noon 113 47 1409 5205 11 77 101 (6 I pm 113 S8 14 10 53 13 II 70 101 94 3 pm 113 (3 14 13 53 10 73 102 IS pm 113 (0 14 13 52 1 7 11 73 102 13 Close 113 M) 14 12 53 17 II 73 Prev Close 112 1402 5203 11 101 42 CHICAGO (UPtl Following ore or lees on the MuJyyest Stack (Change Athe, Prod Corson PSet Cheek, Vtot First Mich Grief Bios Hollyrnofii Molly Incp Mmnapls Sh Starr Bides BOSTON (UPli Following ore prKes the Boston Stock E.change Salesthdsi High Last Chg CHICAGO (UPH Closing ot iced Bioilers futures 'raoed on the Chi iogo Boom of Trode luesduv Open High Close Prev ICEO BROILERS Iced BrtMers 8t0 lbs cents per lb ck 41 47 42 20 41 47 42 41 25 Apr 39 3 5 39 7 5 35 39 '5 25 Mov 39 80 19 95 39 70 39 90 39 Jun Jtv Aug Sep A Ask 40'S 40 85 41 41 70 41 75 41 75 4100 41 00 80 40(5 41 60 41 70 41 70 41 70 40 5 40 (5 41 41 80 40 '5 BkJ Nomi ivo Soies Netornes on previous ana close ihdsl High LOW Lost Chg 1 5 NCM YORK BUTTCR NtW YORk UPH (USO A i Butte' 110002424 24 Tuesduy Otterings Oo 131 Pir 1 mood steady 19 Wtaiesaie lents I7S9 ixxfld ibiKk fiber 0o.es 1 Grade AA 1 J' i 3 score! 94 97 A 92 9J 4'.

4 2 4 4 4 CARTON EGGS 1 NEW YORk (UPI) (USOAi Ca'ton AA (5 BB B8 I A Footnotes Rulings by Poor i AAA highest grade obligations AA high giade A upper medium grade BBB medium giade 88 medium giade speculative CCC CC outnghi speculations bonds on yrfiich no est is being uoid l)ODD bones in default Yld cm rent yield Air Inti IS 2 Akten El Im 10 Aut Mediib 1 8 A oastai Car 23 IN 4 1 1 16 Cotoni Chas It Ik. 1 Dvn Reseeh i El Missiles 2 2. 2 Ch 1 n. 71. So 8 9 Magellan Pi 1 1 1 1 18 1 1 16 Centi utd ConsaO f.

Wslbctr Re eggs selling prices as by the USPA pmd and delivered to York storedooi unchonged Prices paw and delivered to retailors Kir ge large and me St 021 CICbyl JotCheo Lvstk IS LL JOtltt Ml (UPI) Livestock Cattle sales insufficient to establish Hogs trade bariows and gilts 75 irnts to i 00 ooer Ne I 2 240 lbs 25 4 50 No 13 TOO 1 55 lbs I' '5 25 No 7 3 lbs 17 75 NEW YORK (UPI) Flooded with orders from "hysterical" dieters, the nation's sole maker of saccharin and the industries that sell it have scrapped plans to halt production of the artificial sweetener The rush on saccharin products, similar to hoarding of sugar during World War II. started last week when the Food and Drug Administration proposed a ban on the sugar substitute because it might cause bladder cancer The only saccharin manufacturer, Sherwin-Williams Co. of Cincinnati, im mediately announced plans to stop production and that prompted a round of hysteria buying in supermarkets and at warehouses across the country. Sherwin-Williams abruptly changed its plans Tuesday and announced that instead of closing down production, it was resuming operations "Orders on hand represent more than a full of production." said Inman. Sherwin-Williams vice president He said the firm has been flooded with orders from "industrial and beverage processors" A major marketer of saccharin, the Cumberland Packing which puts out Sweet tiw, had stopped production last Thursday with a normal three-month supply in its warehouses But by Tuesday, Ira Eisenstadt, Cumberland vice president, reported "We have had telephone calls from hysterical people asking what they should do to get hold of supplies," Eisenstadt said "People who needed a sugar substitute had been coming by with trucks to pick up a load Eisenstadt said Cumberland has dropped plans to lay off its 300 employes and was producing more Sweet n' Low than ever been inundated with orders." he said working 15-16 hours a day to try to keep up I'm sorry we closed down for one day last week Soft drink industry spokes men reported a similar response to the possibility diet sodas will not be available in four months when the proposed FDA ban on saccharin may go into effect "Supermarkets are reporting a rush on diet sodas." one soft drink company official said "People are apparently buying up all they can and storing them in their cellars so haw continued supplies when they ban falls The FDA ban was proposed because tests conducted in Canada linked saccharin to bladder cancer in laboratory rats who were fed massive of the artificial sweete.