The Indianapolis Star from Indianapolis, Indiana • Page 21

THURSDAY, NOVEMBER 17, 1988 THE INDIANAPOLIS STAR- B-5 COMMODITY FUTURES Indiana National Bank changes name AS50CIATED PRESS Open Hi Low Seme Ch Dec 24.25 24 45 24 05 24 05 lues sales 16 611 Tue's open in) 83,131, otf 70. SOYBEAN MEAL BOARD OF TRADE Open Hi Low Settle Cha PORK BELLIES 40,000 cents per lb. Feo 44 45 44 67 44 15 44 45 42 Mar 44 95 45 15 44 65 45 05 .42 May 46 50 46 80 46 40 46 67 70 Jul 47 85 48 20 47 75 47 90 Aug 47.25 47.4S 46 82 46 82 -70 Tue's sa'es 3,181 Tue 's open int 19,720, up 30. iw tons; dollars per ton WHEAT 0W" H'5'' Sefflt 5,000 bu minimum; dollars per buihet Dec 746 00 249 70 74 Open kkJi Low Seme cn. Feb 431 SO 414 00 42V 50 430 50 70 Aor 43 00 439 00 435 00 435 90 30 Jun 440 60 444 40 440.60 441.30 40 Aug 447 00 40 Ocl 452 70 40 Dec 458 00 461.

SO 4S7.SO 458 30 40 Feb 464 00 50 Aor 469 80 60 Jun 475 60 .70 Aun 48160 .70 Est. ial SO 000. Tue's Mies 38,543. Tue onen ml 148,897. HEATING OIL 47,000 al; cents per Oil 40 50 4.

I I 4 14 4.U 4 IU Mar May 4 20' i 4.17'i 4.19' -02 4 OS' 4 06 4 03 4 03'i 246 50 247 40 246.20 243 50 240 20 236 50 231 00 221 50 218 00 Jan Mar May Jul Aug Sep Oct Dec 246 50 249 50 246 00 245 50 248 50 245 00 242 00 245 00 242 00 239 00 241 50 239 00 236 00 237 00 236 00 230 00 230 00 230 00 272 00 222 00 221 00 218 00 218 0 0 217.50 50 3 81 3 93 1 00' 3 3 86' 3 87 -00' 3.93 3.99 02 Jul 3 81 3 84 Seo 3 661319 Dec 3 93 3 99 Tits' sale U19? allow INB affiliates to share a common name for signage, advertising and announcements. INB said customers are expected to adapt easily because the bank has long been referred to as INB. The signage conversions are expected to be completed by midsummer 1989. He said it creates a common identity for all the banks In addition to the common colors and use the bison logo. In an apparent effort to ease its way into out-of-state banking markets, Indiana National Bank announced Wednesday that it will change its name to INB National Bank.

"While the Indiana marketplace always will be a priority for for us, we believe it's an advantage to eliminate the geographic reference in our name as we look toward future expansion outside of the state," said Thomas M. Miller, chairman of Indiana Na- tional Corp. The change, effective April 1989, will affect all of the bank and bank-related affiliates of Indiana National INB's parent company. For instance, Lafayette National Bank will become INB National Bank. Indiana National Corp.

will become INB Financial if shareholders OK the idea at INB's annual meeting April 25. Andrew J. Paine, president of INB, said the name change will NEW YORK FUTURES lue Tue open int 71,716, oH 431. CORN sa.es lo MJ6 Dec 44 13 45 UV 44 It 44 4 41 25 44 55 43 85 44 10 08 Tue. open ml 77,531, ott 1,634.

dec bu minimum: dour per bushel 3 6b i 66 1 2.63;'4 2 64 4 2 72. 274 27P4 2 72 5 78 2 79 2 76'4 2 77 i 2 79 2 80'j 2 78 4 2 79' 4 2 68 4 2 68-4 2 66 4 2 67'? 2 61 2 6U4 2S8 1 2 60 CHICAGO MERCANTILE Jan FeO Mar Apr May Jun Jul Aug Sep 43.35 43 50 42 85 42 99 41 25 41 50 41 00 40 90 39 IS 39 40 39 00 38 91 38 25 38 50 38 00 37 81 37 50 38 10 37 10 37 19 37 70 38 05 37 25 37 19 38 50 3B 50 38 50 3 7 69 38.70 38.70 38.70 38 39 Mar av Jul Sep Dec Mar Tue's 05 .11 11 09 09 09 09 09 09 .09 2 it 2 66 2 63 2 64 47 Tue 's open int 7d? 796 nH AU 39 09 39 79 40 49 Ocl Nov Dec Tue's sales 20,899. OATS S.000 bu minimum; doHars per bushel Dec 2 09'4 11'4 2.05 2.05 4 Mar 2.15 MS May 2 23' 3 2 1 IB'-i 1 ft Open Hi Low Settle Ch COCOA 10 metric tons; I per ton Dec 1365 1406 1364 1392 45 Mar 1410 1450 14i0 1445 59 May 1413 1439 1413 1434 44 Jul 1418 1442 1418 1438 39 Sep 1426 1450 1426 1452 42 Dec 1441 14)6 1441 1458 40 Mar 1480 1480 1480 1483 35 Tue's sales 8,445 Tue 's open int 37,535, OH 776. COPPER 25,000 cents per lb. Nov 135.00 135 00 135 00 135 00 -1 90 Dec 130 20 131 50 125 80 128 00 Jan 127 00 127 00 124.50 124 00 -1 50 Mar 11100 111 50 107 70 110 50 50 May 105 50 106 20 103 40 105 80 60 Jul 103 40 104 30 102 00 103.80 80 Sep 101 50 101 50 101 00 102 50 1 00 Dec 110 50 100 SO 100 30 101.50 1.50 Est.

sales 13,000. Tue's sales 12,500. open inl 35,423. ott 1,550. COTTON Jul I 15' 2 2.l6'i 2.I2'4 2.12'4 Sei 2.14 2.14 2.101! 2.10'j sales 312 Tue's Tue ODen inf 9 389 nff 314 Tue 's open inl 85,110, oH 1.170.

SILVER 5,000 trov ou cents per trov ot. Nov 627 7 Dec 642.0 644.0 628 0 630 0 Jan 634 8 Mar 657.5 659 0 643 0 645 2 May 665 5 668 655 0 655 3 Jul 677 0 677 0 663 0 665 8 Sep 687 0 687 0 687 0 676 0 Dec 700.0 705.5 689.0 691.5 Jan 696 5 Mar 708 1 May 719 0 SOYBEANS Banking 5,000 ou minimum; (Mars per bushel -9 3 -93 -93 -93 -9 3 9 3 9 3 93 91 -9 3 4S I 50 I 40 7 44 4 7 S8 i 7 64'4 7 7 ifl 7 70 7 77 7 67 1 770 Jan Mar May Jul 0pen H' Low So 0 CATTLE 40,000 cents per lb. Dec 73 25 73 47 73 05 73 75 10 Feb 73 85 74 22 23 70 74 07 15 Aor 74 95 75 30 74 85 75 27 .20 Jun 73 40 73 65 73 35 73 57 Aug 71.25 71.35 71.00 71.30 ke 70,5 '5 Oct 70.40 70 45 70.27 20.30 Tue's sales 20,353. open int 84,471, up 396. FEEDER CATTLE 44,000 cents per lb.

Nov 82 00 82 05 81 85 81 95 Jan 83 65 83 75 83 45 83 55 20 Mar 82 75 82 95 82 52 82 92 02 Aor 8180 82 00 81 75 8190 05 May 80 70 80 70 80 47 80 57 23 Aug 79.40 79.40 79 40 79 40 05 5ep 78.77 .02 Tue's sales 2,528 open inl 14.977, up 197. HOGS 30,000 cents per lb. Dec 4100 4140 4087 41 35 .30 Feb 45 15 45 50 45 05 15 37 07 Aor 44 00 44 35 43 85 44 32 25 Jun 48 35 48 40 4B 10 48.32 02 Jul 48 50 46 70 48 35 48 55 05 Aug 47.50 47 85 47 50 47 95 .25 Ocl 44 60 44 60 44 60 44.65 Dec 45.90 45.90 45.90 45.95 .03 sales 6,422. ooen inl 34.246, off 340. 774 7 74 7 71 1 Bl 7 82 7 74 742 7 22 50,000 IbSv cents per 7 73 7.75 773 776 4 7 69 7 70 7 37' 7 38 7 16 7 16 4 7.23 7.23 13 5S 30 55 40 54 85 54 95 Sep 710 Nov 7 17 uec Mar 56 25 56 40 56.10 56 17 Jul titt Sen 740 8 Est.

sales 18.000 sales 13.692. open in 89.952. oft 1,095. SUGAR. WORLD II Jan 7 21 7 28 OWN A MOTOROLA TRANSPORTABLE FULL 3-WATT PHONE -67 44 03 .29 20 .24 .25 .15 lue sales 56.10 Tue's open int 111,726, up 14.

SOYBEAN OIL 112,000 cents per D. 9 86 60,000 lbs; dollars per 100 lbs. 10 25 10 78 10 15 10 16 22.19 22 30 7190 91 Dec Jan Mar May 9 94 10 00 9 89 May 56 40 56 90 56 3 5 56 80 Jul 56.50 57 10 56.50 57 00 Oct 56 75 56 7S 56 7 5 56 75 Dec 56.50 57.05 56.46 56 85 Mar 57 05 May 57.40 Tue's sales 4,666. Tue's open int 36,587, up 69, GOLD 100 trov dollars per trov ot Nov 424.00 424 00 424 00 424.50 Dec 426.00 428.90 424,50 425 60 Jan 428.20 9 76 9 82 9 76 9 76 Ocl 9,63 970 9.61 961 Ian It 63 07 -24 -20 22.49 22 57 22 20 22 20 22 93 23 OB 2271 22 71 23 45 23 55 23.27 23 27 23 85 24 00 23.65 23 65 24.00 24 20 23.80 23 80 24.20 24 20 24.10 24 10 24.20 24.35 24.20 24.25 Jan Mar May Jul Aug Sep Oct Mar 04 v.3Z y.jz v.jz y.Ji $49900 lue.s sales lu.vbz. open int 117,539, up 1,551.

FOR ONLY Complete U.S. SECURITIES Call for Details York (AP) Closing Treasury seculilies. vester- New counter day. 103-27 103 99-01 99 99-99 -18 99 98-13 96-101-29 102- With new activation C.S.I. North 844-3866 and 1 yr.

GTE service c.S.I. South 787-8229 agreement U.S. TREASURY BILLS Due Due Bid Ask YM 31- 03 -05- 03 04- 03 -22- 03 17 03 01- 01 -01- 01 15- 03 06 02 24 02 08- 01 14 12- 01 -19 03 -30 01 FORT WAYNE 1123 Clrtrita fort Wjria. Ill 46404 219-483-6711 551 4 99 506 776 769 781 6 51 634 644 631 6 19 6 30 1 96 6 7 02 8.12 6 08 8 76 7.80 7 7 3 7.91 94-15 95- 97- 11 97- 98- 07 9B-102-20 102-96-04 98-98-10 102- 98-IS 98- 98- 26 98- 99- 22 99 99-02 99- 3-16 3-23 3- 30 4- 6 4-13 4-20 4- 27 5' 4 5- 11 5- 18 6- 8 7- 6 6- 3 8- 31 9- 28 10- 26 7 85 17 7 93 7 B9 8 23 7 94 7 90 8 25 794 790 6 76 796 791 8 79 6 04 8 00 8 40 7 95 7 91 8 31 7 96 792 6 34 7 99 7 95 B38 7 96 7 97 36 7.95 791 6 36 7 99 7 9 5 6 42 801 797 8 47 7 19 795 8 48 7.99 7 9 5 8.51 7.97 7.93 8.53 19S3-11-17 11- 2S 12- I 12- I 12-15 12-22 12-29 1989- 1-26 1- 16 2- 23 i Subject income 28- 02 06 03 22- 02 103-18 103 97- 23 97- 98- 27 98-103 103- BLOOMINGTON 505 a. Walaat Ill 41404 612-331-2355 LAFAYETTE 350 Sagaiaort parkvay Will lalirdla.

III 41906 317-742-6194 ANDERSON 5139 Paaalttaa taaariea. Ill 46011 317-644-5410 KOKOMO 614 Itlftaara Koarao, III 4(901 317-456-3866 781 7 74 793 7 67 7 60 7 60 796 7 89 811 7 89 7 84 8 07 7.94 7 90 815 7 19 7 85 8 1 1 794 7 90 817 7 97 7 66 8 14 7 95 7 89 819 7.95 7,89 8 20 Continued from Page 1 tions will fall to 150. There were 376 at December 1984 and 192 today. The banks' future may be dependent upon what happens In the stock market. Reed said several "major players" say they won't be in the acquisition market until their stocks improve.

James D. Massey, president and chief officer of Merchants National said larger mergers won't be possible unless sellers lower their expectations or stock prices get higher. "Our most recent acquisitions were basically fill-ins to markets," he said. "Those were smaller deals that we could do for cash vs. stock." Massey said that with high seller expectations and a low stock market.

Merchants cannot accomplish a stock transactions without diluting shareholders' interest. "We're just not going to do It," he said. Massey said Merchants has made more acquisitions In Indiana than any other banking company, in terms of number of institutions. But he agreed that in 1992 Merchants and other large Indiana banks could be on the buy list of other even-larger banks. "I'm not predicting that we'll all be gone to outside ownership," he said.

"I'd like that not to happen. But It's certainly a possibility." 27- 03 31- 02 04- 01 16 02 199B 101-13 101-17- 14 901 1993- 98 87-01 87-05- 13 9 04 1998 94-09 94-27- 10 4 14 1998 99-07 99-11 8 98 1994- 99 96-05 96-09 13 9 06 1995- 00 91-15 91-19- 13 9 08 1995- 00 94-25 94-29- 17 9 09 2001 119 119-06 14 9 II 7001 129-11 129-17- 18 9 12 1996- 01 91-16 91-72- 25 9 11 2001 131-12 131-18- 23 9 13 2001 150-12 150-18- 23 9 05 2002 139-01 139-07- 23 9 09 2002 119-07 119-13- 22 9.14 2003 112-11 112-17- 21 9 IS 2003 112-10 112-16- 24 9.17 2003 115-12 115-18- 23 9.17 2003 121-19 121-25- 23 9 17 2004 126-01 126-07- 73 9 17 7004 138-02 138-08 74 9 12 2004 170-07 120-13- 23 9 17 2000-05 92-08 92-14- 18 9 15 2005 123-19 123-25- 24 9 2005 113 113-06- 22 9 19 2006 102-10 102-16- 26 9 0S 2002-07 86-16 86-72- 21 9 14 2002- 07 88-15 88-21 22 9 14 2003- 08 92-16 92-22- 22 9 18 2003- 08 95-25 9 5-31- 21 9 19 2004- 09 99-07 99-13 21 9 19 2004- 09 108-31 109-05- 21 9 27 2005- 10 120-13 120-19- 26 9 27 7005-10 105-26 106 25 9 28 2005- 10 129-13 129-19- 23 9 26 2006- 11 139-13 139-19 25 9 26 2006- 11 141 141-06- 24 9 26 2007- 12 109-15 109-21- 25 9 28 2008- 13 124-09 174-15- 76 9 27 2009- 14 136-06 136-12- 26 9 26 70O9-14k 129-16 129-22- 24 9 25 2009-I4k 123-19 123-25- 23 9 18 INDIANAPOLIS J5S0 Snlk Mailioi ladiautwlil, 4S22T 317-787-8229 TERRE HAUTE 2150 Wabllk trim Ttrri Ha4rt. Ill 41107 812-234-1414 CARMEL llll t. Raafl Ll tM. Can4i la 46012 317-844-3866 975 700 350 818 8:0 7 88 838 1175 13 13 800 1331 1575 14 25 1163 10 75 1075 11 13 1188 12 38 13 75 1163 8 25 12 00 1075 938 763 7 88 138 8 75 913 10 38 1175 1000 12 75 13 88 14 00 10 38 1200 1325 12.50 11.75 1125 10 63 9 68 9.25 725 7.50 8 75 8 88 Aug May Nov Nov May Feb Aug Feb May Aug Aug Nov Feb Nov Feb May Aug Nov May Aug Nov May May Aug Feb Feb Nov Aug Nov May Nov Feb May Nov May Nov Nov Aug May Aug Nov Feb Aug Nov Feb May Nov May Aug to federal taxes but not to Slate taxes.

23- 01 78 08 02 28- 02 21- 02 20- 03 27- 02 08- 02 24- 03 99-17 99- 98- 19 98 101-74 101- 103- 04 103 99- 74 99 96-17 96 99 16 99 104- 23 104 99-04 99-98-20 98 101-18101 107-21 107 96 96- U.S. TREASURY BONDS 98-08 98-12- 05 104- 72 104-26- 06 94- 15 95-01- 03 95- 70 95-30- 06 98- 05 98-09- 06 99- 25 99-29- 06 103 103-04- 05 98-20- 05 105- 15 105-19- 07 99-72 99-26- 06 94-14 95 04 92- 26 93-12- 08 96- 26 96-30- 07 97- 31 98-03- 05 107 107-04 06 94- 20 94-24- 06 95- 15 95-19- 07 104- 18 104-22- 05 93- 28 94 06 94- 19 94-25- 08 99-18 99-26- 08 99-18 99-22- 05 111-12111-16- 08 93- 03 93-07- 06 99- 21 99-27- 08 111- 11 111-15- 05 100- 18 100-22- 07 97- 08 92-12- 07 100-18 100-22- 91-29 92-01- 07 94- 14 95 04 118 118-04- 09 96 96-04 06 100-10 100-18- 06 116-17116-16- 07 102-18 102-22- 10 105- 18 105-22- 06 112- 09 112-13- 10 98- 20 98-24- 09 94-12 94-30- 06 107-20 107-74- 07 110- 28111 07 97- 10 97-14- 09 107-05 107-09- 07 111- 06 111-10- 09 118-17118-16- 07 99- 22 99-26- 09 107-22 107-26- 10 98- 16 98-20- 09 102-27 102-31- 09 113- 11 113-15- 08 99- 21 99-25- 07 91-13 91-17- 09 90-04 90-08- 13 97-7? 97-26- 10 97-02 97-06- II 99-05 99-09- 09 94-13 94-17- 13 99-29 100-01- 12 1972 1992 1967-92 1997 I9v2 1992 199? 1992 1992 1993 1988-93 1993 1993 1993 1993 1993 1993 1993 1993 1988- 93 1993 1993 1993 1993 1993 1993 1993 1994 1994 1994 1989- 94 1994 1994 1994 1994 1994 1994 1994 1995 1995 1995 1995 1995 1995 1995 1995 1995 1995 1995 1995 1995 1996 1996 1996 1997 1997 1997 1998 1998 8 25 10 38 4 25 7 25 8 25 675 9 75 8 38 10 50 8 75 400 675 7 68 8 25 10 68 7.38 7.63 10.13 725 7.50 8 63 875 1188 7 13 863 1175 900 7 00 900 700 4.13 13 13 800 8 75 1263 9 50 1013 1163 863 300 10 50 11.25 8 38 10 38 1125 12 63 8 88 10 50 863 ySO 11 50 8 88 7 38 7 25 863 8 50 838 8 13 900 Jun Jul Aug Aug Aug Sep Oct Nov Nov Jan Feb Feb Feb Feo Feb Aor May May Jul Aug Aug Aug Aug Ocl Nov Nov Nov Jan Feb Apr May May Jul Aug Aug Oct Nov Nov Jan Feb Feb Feb Apr May May May Jul Aug Oct Nov Nov Feb May Nov Aug May Ncv Feb May 17 75 Nov 1969 7 75 Nov 1969 7 88 Dec 1989 8 38 Dec D89 7 38 Jan 1990 10 50 Jan 1990 3 50 Feb 1990 6 50 Feb 1990 7 13 Feb 1990 1100 Feb 1990 7 25 Mar 1990 7 38 Mar 1990 10.50 Apr 1990 7 63 Apr 1990 7 68 May I90 25 May 1990 8.13 May 1990 1138 May 1990 7 25 Jun 1990 6 00 Jun 1990 10 75 Jul 1990 8 38 Jul 1990 7 86 Aug 1990 9 88 Aug 1990 10 75 Aug 1W B63 Aug 1990 6 75 Sep 1990 8 50 Sep 1990 1 1 50 Ocl 1990 8 75 Oct 1990 8 00 Nov 1990 963 Nov 1990 13 00 Nov 1990 6 63 Dec 1990 II 75 Jan 1991 7 38 Feb 1991 9.13 FeO 1991 6 75 Mar 1991 12 38 Aor 1991 8.13 May 1991 14 50 May 1991 7 68 Jun 1991 13.75 Jul 1991 7 50 Aug 1991 8 75 Aug 1991 14 88 Aug 1991 9.13 Sep 1991 12 25 Oct 1991 6 50 Nov 1991 8 50 Nov 19910 14 25 Nov 1991 8 25 Dec 1991 1163 Jan 1992 6 63 Feb 199! 14 63 Feb 1992 7 88 Mar 1997 1175 Apr 199? 6 63 May 1992 13 75 May 199? Mat. date Bid Asked Bid Chg Yld NO' IVHH W-ZV IUU Mobilnet" C4tM ClMMHltlMI -22- 01 25 01 04 27- 02 105-23 105- ii IU UJ 28- 01 V7-05 y- 100-24 100- ui bu 01 8 69 843 B0I 02 8 29 01 8 22 01 8 16 02 8 27 01 8 07 01 823 831 01 7 89 27- 04 23- 05 V5-2J V5-107-19 107- 22 04 10- 10 04 VB-18 V8-113-06113-97-28 98 22- 05 1 1 1- 11 01 832 8.19 2015 2015 2015 7016 WU-74 IZU-JU 75 V. IJ 114-19 114-25 25 9 14 107-06 107-12- 22 9 13 100-29 101-03- 25 9 14 81 81-06- 21 913 Rate 6.25 10 63 6 25 6 13 14 63 800 6 25 1138 1125 6.38 7.13 14.38 6 88 9 25 800 1175 738 9.63 7.63 1450 7 75 663 13 86 8 50 938 II 88 7 88 639 10.75 100-02 100-06-99-19 99-23 99-15 99-19 100-26 100-30-99-25 99-29- 99- 10 99-14 100- 18 100-22-100-31 101-03-99-06 99-10-99-11 99-15 102- 13 102-17 99- 06 99-10- 100- 10 100-16 99-21 99-25- 101- 17 101-21 99-OB 99-17- 100-17 100-21-99-11 99-15 103- 21 103-25 99-09 99-13- 98- 17 98-21-103-22 103-26- 99- 25 99-79- 100- 16 100-20- 102- 22 102-26-99-10 99-14 97-75 97-29- 101- 29 102-01- Dec Dec Jan Jan Feb Feb Feb Mar Mar Aor Apr May May May May Jun Jun Jul Jul Aug Aug Aug Sep Sep Oct Oct Nov Nov U4 04 25- 05 30- 03 26 04 1988 19S9 1969 1989 1989 1969 I9B9 1989 1969 1969 1989 1989 1989 19B9 1989 1989 1969 1989 1989 1989 1989 1939 1969 19S9 1989 1989 1989 83-17 SJ-Zi 24 9.17 2016 2016 201? 2017 96-28 97 99- 28 100 115-21 15- 100- 26 100-108-22 108-94-04 94-99-08 99-114-22114- 98-18 9B- 96- 02 96-08- 26 9 12 97- 12 97-18 24 9 11 100-06 100-12- 27 9 09 9.13 7018 May 08 03 -12 -26 05 22 04 25- 04 Non U. S.

citizen exempt from with 01 8 42 8 26 02 8 41 03 8 48 839 8.44 01 8 52 01 8 50 01 843 02 8 59 02 8 S9 02 8 57 01 8 49 03 8 62 02 8.57 107-21 107- holding taxes, Treasury note, Treasury note and non S. citizen exempt from withholding taxes. and asked prices In dollars 32nrJs. Subiect lo federal taxes but not state income taxes Source Btoomoero UP. 93-2 yj-116-30117-97-07 97-108-16 108- 93-17 Jl U6 02- 04 II- 09 20- 05 21- 05 21 06 EARNINGS Picket MARSH SUPERMARKETS INC, York-town, 2nd Oct.

15; Net income $2.7 million (35 cents per share) vs. $2.7 million (33 cents per share); Revenues $273 million vs. $255.7 million. Six months, Net income $4.4 million (57 cents per share) vs. $4.7 million (61 cents per share); Revenues $474.3 million vs.

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Stop by any First Indiana banking office or call 269-1604. FIRST INDIANA" BANK Rates subject to change. Substantial interest penalty for early withdrawal. Rates shown based on $25,000 deposit. A Federal Savings BankMember FSLIC.

BFFILIBTED aGCNCieS Continued from Page 1 other benefits." He said Indiana Grocery "has been engaging in bad-faith bargaining." The union president charged the company is "out to bust this union They have utter contempt for the legal rights of our members which they have been trampling on for months." Voris maintains the union is unwilling to negotiate. "We made our last, best, final offer last Friday evening," he said. "They have yet to propose anything different from the end of our formal negotiation session on Friday evening." The two sides had maintained telephone contact between Friday and Monday night, when the strike was ordered. No meetings were reported on Wednesday. At the Greenwood store on U.S.

31, pickets said they were prepared for a long walkout. Pat Christian, one of the striking workers, said union members will stay out "as long as we have to." Indiana Grocery hired a Cincinnati security firm to patrol the picketed outlets. Security workers sometimes took photographs of strikers. No incidents were reported. Consolidated sets records New restaurants and a more favorable federal tax rate edged Consolidated Products Corp.

to record high revenues and profits in its latest fiscal year, the Indianapolis-based fast-food operator reported Wednesday. Consolidated, which operates approximately 100 Steak Shake restaurants across the Midwest and Florida, said revenues in the fiscal year that ended Sept. 28 were $93.48 million. That set a record for the company, as did its profits of $3.47 million, or $1.04 per share. Consolidated, which earned $2.13 million, or 65 cents per share, in 1987 on sales of $90.08 million, has plans to open four more Steak Shakes in coming months.

8802 N. Meridian Si. )'. Wionopolrj, Ind. 6260 Telephone 317840-4332 t.

fA aatPT (Tj-iT i i i i-iWl jLrtfA r' Art -49 Lalayetls Shoppea Mwncat iip' 1 S1U Ay (across Horn Honda Wesl) rfSV 4664 W. 38th SL i (jalridianapli: 291-0242 lUfy Washington Shoppos Greonwood: H. B. 10027 E. Washington St.

GrMnwoo1 Shoppe 1 898-0224 Chi.O s) We welcome The American Express' Card. 86B48iVoo31 IT" I CD) Thirty Months UllIilIB FRANKLIN INDIANA TAX-FREE INCOME FUND This Frcinklin Fund is designed to give Indira residents these advtages: i li High Grade Portfolio! Double Tax-Free Income Monthly Dividends Profession Management Diversified Portfolio Indiana National's Certificate of Deposit that pays extra interest on deposits of $25,000 or more for thirty months. Annual Earn high current income that's double tax-free. To learn more about the "Tier XXV Thirty Months CD" and other attractive investments, call or visit one of our conveniently located Financial Services Centers. For current rates on our other CDs and IRA plans, call the Rate Line at 266-7700.

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More for Your Money Indiana faiioriaL Member FDIC Call toll-free or mail the coupon lor a tree prospectus. Interest Rate Frtuiklis Distributors, Inc. I 777 Manners Island Blvd. San Mstco. CA 94404-1585 small portion of the income may be subject to the federal alternative minimum tax, which is generally applicable to only a small number of investors.

"4 Balance $500 to $24,999 I Yes! I would like a free prospectus containing I more complete information on the Fntnklm Indiana Tax-Free Income Fund, including charges and expenses. I will read it carefully before I invest or send money. 7.90 CONSOLIDATED Fourth-period results 1988 1987 Revenues $22.85 $23.10 Net income $.987 $.778 Per share $0.29 $0.24 Yearly results 1987 1986 Revenues $93.48 $90.08 Net income $3.47 $2.14 Per share $1.05 $0.65 In millions of dollars except per share Name $25,000 8.50 Address CityStateZip ..1 Ap A LI 1-800 Dial Ben Ext664 Membtr $34 Billion Franklin Group of Funds STAR AND NEWS CLASSIFIEDS Gtl Fast Results 633-1212 Source. Consolidated Producls Corp,.