The Indianapolis Star from Indianapolis, Indiana • Page 33

THE INDIANAPOLIS STAR PAGE 33 TUESDAY, DECEMBER 3, 1974 MOEY, JOItS AM) PEOPLE VOLUME LIGHT American Stock Exchange Takes Steep Dive Federal Displays Face To Building Happy Visitor Ntw York AP) -following! rompl.lt lilt trviMCtiont y. tttrd.v on lh Amtrtttn Stock tichtnue giving prittvttrningt ratio, ftdltt in hundred! (Mlet in full), doting price nd chanirt til Sain CIom A-A AARCp 3 I S. AAV Cot Ji 1 Arjerdwl Pal 33 1 4V- Acm Kami I 17 I Action I nil 1 i Cubic Damson Oil Daniel I 3tb Data Ocumt Dataorod DavMin nay I in wt DCL Inc DeJur Amsc Del abt .30 DellsCp Am OTaifci .30 30 .30 OeRos Ind Oev Cp Am DMJ In IOp OiamM Urll ADM Indutt IS AdotwO 04, 7 Aegii Corp 1 10 141-16 Atrono IJ. 4 Aeronc Inc 3 1Mb Aerosol 3 4 Diebold VC Digtcon Inc Attil Cap wt 4 1 -1 A Allil Hip 30 17 AtllPub 4 Id Hiarobt .40 Diodes Inc DitcFbr .261 By JOHN II. LYST "It's going to be controversial all right," says paint Al Kite of the New Indianapolis Federal Building.

Diversav .70 Dixilyn Cor Dome Petri DowneyS 25 Drew Natl Driver Marr DrgFair .40 Dunlop DuplxPd .40 Dur Tst Dynktn OSt Dynell .481 After Sm 10 1 xl 3', AIC Pht SAt I IV AirbFrt SOe 7 5'- AunMao la 3 54 Alaska Alrl 10 1 Alba Waldn 42 19 1 V. Alcolc I3e S'i- 'ft Alleghy Airl 2 e7 AilrgA wto 1 AllegCp wt AlianTr 34 I 4 4i V. Allied Art 4 36 3 Alpha Ind 3 4 Va Ailamil Co 5 7 U- Svttm Altec Corp 4 19 14-1-16 Eagle uui i personally ininK that the downtown needs a little more color. Maybe we can start something." Indeed, several things seem' to have started already. They include, workmen say, auto collisions as motorists slow and sometimes drift from their appointed lanes in the 500 block of North Pennsylvania Street for a-better look there at the Federal Building mural, a bold 27-foot-high skirt which wraps the base of the six-story concrete building in a continuous swath, of 35 vivid rnlnrs.

Cloth 4 ErIScheb .34 30 coal-contract vote. Brokers said investors feared a rejection of the contract by miners would lead to a prolonged coal strike which might aggravate the economy's recession further. Four big block trades pushed Indianapolis-based Bio-Dynamics stock to the top of the Amex most-active list on 68,1000 shares. Three of the block trades were sold at 13'4, and one sold at 13. Bio Dynamics stock closed at 13'4, down V.

The Amex market-value index dropped 1.07 at 62.68, and declines outnumbered advances 479 to 148 among the 960 issues traded. Volume to taled 1.53 million shares, with a large portion of the trading concentrated in 15 large block trades. BOND PRICES headed low er, paced by heavy losses in the municipal market. A new $600 million New York City issue priced yesterday aggravated an already oversupplied market in local debt issues. The New York City issue itself did fairly well, but Altec Cp wt 14 "4 Altec Crp pt 4 Vt- Alcoa pf37S ZlSO 444- 'A AMAX wt 4 S'i Earth EasonO EstnAir Amco Ind 1 4 9 EstnC 1.10a Lyst AHesiLL wt 43 '1 Ecodyne Edgitn I 39t Edmos Edo Corp Am Agronc 7 123 Va ACenMtg wt 7 3-14-1-14 AFItch 3.I5P 7 19 4 V.

A GarPd .30 4 3 1 Am Int Plct 3 7 3'i A lirael Vt 3 11 V't Edwards EhrnhP Eicor Chm .30 20a yields on the short-term notes were prices at unprecedented levels 8.5 per cent on notes due next June and a 9 per cent yield on December 1975 notes. Brokers said about half of the issue sold the first day. All facets of the corporate sector were hit hard, while Federal government issues ended unchanged to lower. INDIANAPOLIS WATER The Indianapolit Water Company hat reported net income for the tnird quarter of tl, 723.000, or 71 cenlt there, up Irom Si, 134,000, or 40 cents than, tor 1M tame period in 1973. Revenues lor the W4 period were St.437,000, op from 45,114,000 for Ihe tame period i year earlier.

545-66NiJ HOW ABOUT Sera, HY DRY PRODUCTS 4lt N. STATION ITttlT Cr INDIANAPOLIS, IND. 4111 of It is the work of Milton Glaser, an internationally known designers and commercial artist whose successes also Include iu i i El How .40 Elect Attist 1 El .40 .09 AMalieA 40 4 9 Am Ml JOTt 3 1 JO'i- Vt AmMot lnn 4 9 Vlt- Va AmPetrol 3 4 13 JO'a-l A Plan 1.031 1 4t- 14 A PUT 33 l'i- V. AmRltyT wt 1 14 Am Recreat 38 Wt A SatE 1 OH 13 A Techl 17e 4 10 3 AmTrain Sv 6 1' AMICCp .04 4 5- Anglo .13 5 39 14- V. Anixter 10 2 3 34 Anken (Oe 10 2 Anthony Ind 3'4- Apolid Data 4 5 I AqultCa 30 9 4 13V4- ArizCL 10e 4 14 4 Vi ArzCol pf 48 7 4'j- 14 Armac Ent 2 2 l'i Armin Cp 3 12 4- 'l Arundel 4 4 V4 Asamera .25 4 31 74- AshlOil Can 4 1 54- AudFd Str 14 I Astrex Inc 29 I1- Atalnta 37e 3 I 3 "4- All Richf wt 14 4: AtlCMB 89e 3 34 4'4 Atlas Cp wt It ti Au9atlnc .15 13 1 1SVa- 14 Austral Oil 9 31 11 Auto Train 13 4 54- ElecEng Elect Resch ElectrnlcA ELT Inc ErnstEC Ero Ind Esq Rad Essex Chem Etz Lav Euthenc EvanAr Exacut Fabien FabriCtr FairTex FairNbl Falcons Fam Dol Family Fash Fa FDI Inc Fed Resrces FedMrt Felmnt Felsway Fibrebrd FideIG 2 Fields FilmCp Filmwavs FinSanB .151 06 Mil lOe Str Rec MS SoW Com HI Urn 4 3 3 to D-D Tel Intl 9 I 4 xlf 1 18to- 'a 33to- to 3to- to 4to to 7 14 41-14 3to 54 9-14 9 to 4 2to- to 34- to 22to-lto I'a-r to 4to- 4 I 9to- to to- to lto- to 13to- 4 4to- to 17 -r to ito- to to 4 to 4to- to to 154- to 54- to 3 2to Ito 13 14 3to to to to- to 2 to 14 to 4 23to-l Ito to 44 3'a- to ito- to 4 to ito 44 to ito- to 12 7to- 4to '4 'a- to 3to 24 to 24- 4 Jto- to 34- to 34 to 371- to 4 to 4- to 24- to JOto- to ito- to 1 13-16 2 to 2to I9to- to 94- to 3to- to jto- to 14 to- to 1 2to to 5to 4to to 3to- to to lto to- vl jto- to to 34- '1 4V, l'a 14 to- to 24 lOto- to lOto- to 4'4 58 14- to Va 4Vi- to 254- 4 lto to- to 4to 14 to 54- Va ito- to to 2to 3 lto- to 4 lto- to to- to 4to- to ito- to 9-14 2to to 2to lto- to 171 Kaitrino .74 2 X104 KaneMill wt II Kenebsv .90 7 4 kavanau I 1 13 10 131 KavCorp .20 30 34 Kercnm .141 1 a wane 48a 5 key Co .08 Keysllnd 30 3 kllemb IS Kin Ark Crp 4 King Opllcl 3 Klngstip 14 39 2 13 1 Klrbvlnd .40 45 Kit Mfg 10 Kleiner ti Kliklok .40 4 Knlcker Toy Knott Hotel Kolmorg .40 4 11 I 4 14 1 Kuhnstr .10 L-L LiBarg 3 15 Latay Kan 10 3 Lake Shore 11 37 27 LaMaur .34 Lanewd lot Lndmrk Ld Laneco Inc LarwR 1 22a LarwinR wt LCACp 45 LCA Cp wt Lee Entr .40 Lee Natl Lee Pharm Lehigh Pre E-f .80 4 26 .60 6 2lt Leisure.

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life. Pension and (317) 634-7488 Profit Sharing Plans Indianapolis, Indiana wt Hartfrd .40 3 1.26e wt .24 2 .481 4 .30 23 3 Ind 3 .32 Fluke 93t Foodram Sp 3 FordCan 5e 3 ForestL FoxStaP .36 PrankNu .32 Fresnlo 4 Friend Frst 10 Frigitronic 14 Frontier Air 3 FrontAir wt Rent electrics BarcoCa .10 4 16 2 -Barnes Eng 15 2 Vs Barnwel nd 7 7 Vi Barry 4 22 4 Vi BarrvWr .40 4 9 44- Vi Bartell Med 1 Bartons Cdy 21 19 l'i Barwick ET II IV4 BasinPet Cp 4 26 44 Vi BayrkU 78e 2 74 Bell Ind .08 3 6 1V- Vi Belscot .077 3 2 1 BenStWg wt 7 5-16- 'A Benrus Crp 4 3 2 BergRIt 53e 3 1 14- Gabriel Galaxy Garan 1 Hi Urn CW Of Rtvtilntl A Rest Assoc RH Med SvC Riblel Prod Richton 10a Riker Maxi 4 lto- to 13 1 to 1 14- to 14 1 I 5 to I 1-14-1-14 4 94- Vt I S4 i 1 to 39 J9to- to 31 34 to 3t to 12 471- to Jto- to 34 4 13 4 41 to 3 284- to 7 144- to 94 I to to- to 31 34 1 34- to lto- to 4to- to 3 to 18 to to-l-14 24 to RikerMx pf 24 Hiiev Co 13to- to RisdoraVI .14 RiltFlnB 24 14 to 4to- to 71 14- Jto- to Robintech Roblin Ind Rorkw Nat Rogers Corp Roland intl 254 to Rollins Int Ito Ronco Teleo IS Rossmor Co Rossmor wt Rowan .14 9 Rowlnd Inc Royal Amer 10 RovBusn Fd RovBch Col 2 RSC Indust Rudlck pf 54 RuslCN .40 4 Ryan Ho .20 10 2 4 to i to 24- to 10 to 2to- to 77a J74- to 4. 54 24 1'. to lto lto 4 to to-l-14 44 Va 9 14 12 4 to 4 2to lto- to 4 to 2to- to 2to- to 4 to 1 ito- to lto 34 14 to Salem 771 33 Sambos Rst 10 30 SCerlo 1.44 4 Sargent Ind 13 39 Sargt pf3 3S IlOO 34 to 94- 4 9to 14- to 18 to 5to to Ito- 44 l7i- to 14 to Sto 2to to Jto- 4 Saturn Airw 3 2 Schenut 60a Schick Inc 1 4 2 I 13 11 1200 SciAtlan 3St 4 Scope Ind 10 Scurry Rain 32 SbdAIMil .40 3 Seelectr Cp 4 Seaport- Cp Seaprt pf 54 SecMt I .400 I 321 II 14-15-14 4to 3to- to rt to 7 2to- to SecMt In wt Sec Plastics 4 Sellgm Asso SellgLa 40b 2 Semlch 4 Servlsco 30 3 Servo Corp IS Servotr 20r 13 SetonCo 45 II SG Sec lie Shawln SOb 1 1-14-3-14 34- to 4- V. 7 to 34- to 34- 4 2 to 14 5 14 411- 2'4 4 4 to II Va 84- 4 Va 77a Ito- to 4to 7to- to 2to- to ito- to 34 4 to 2to 7a 14 14- to 14 4to 4to- 4 4to- Vt 93 Va 44 4 44 40to- 4 434 1 34 'I 7, tto- to 5 4 "4 44 534- 4 2 1 104 19 13 to 15 to to 34- to 2834 34 64 to 9-16-1-14 10 3to to 6to- 3,4 17i 4to- to lto- to 34- to 24- tol 36to-14 lto to 10 24 27 4 lto- to to-l-14 104 to to 57a- to 4to- to ShearHav J-14-1-14 ShellRes .04 ShndCp 24t Shnandh Oil Sherwd Med Shopwell In Showbot ShulmTr En Sierrcln .30 Sitco In 36a Sigma .371 SikesCp .20 SimcoSt Simkins .40 Sim Sch .10 lO'i- 14 ra- to 44 44 1 to 2to 14 3to- to lto- to 9to-9to-lto 3 16 Simplex 15t 10 Sitkin SmRt Solitron .04 Sonder Brdc I Soundsn .40 3 SoesICa 80 9 SCE 70 SCE pf7.S8 Sou Real Ut 7 Vt- to 74 to 2to 14-- to to 10-4 34 34 7to- to SouRoy 18 Spector Ind SpedOP .957 Speizmn Ind SpencCo Spencr .32 1 Splentex .48 3 Std Metals 5 StdMotA .42 StdPac Corp 3 StdPrud wt StdShrt StThom Stange .20 14 StepnCh .44 4 Sterl Electr 2 SterlPre .159 3 Strm Drl .32 STPCp 56 Struth Wells 34 Summit Org 5 Sun Elec .40 5 5 71 64- 4 to llto 124 l3to- to 3to- to 11-16 7 734- to 334 3 to 3to- Va 13 4 to Vi 77.

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NYSE volume was a skimpy total of 11.14 million shares, in a reflection of what brokers described as the narlness with which Investors were regarding a contract ratification vote by striking coal miners. An added drag on the mar ket evidently was the recent steadying of short-term interest rates, which interupted a steady downtrend that was cited as a major factor in tne market's rally in October ana early November. AMONG COAL stocks, Pitts- ton lost 13A at 34; North American Coal dropped a point at 27, and Eastern Gas and Fuel was off at 237s. Westlnghouse Electric, the volume leader on the Big Board on 300,700 shares, slipped at 8. Trading included a block at that price.

Eastman Kodak slid 2 at 62 in active trading. A Wall Street Journal article noted that an analyst recently recommended that the stock be sold, citing an uncertain sales outlook for photo products next year. POLAROID, also active, was off at20y. CNA Financial skidded 2 at and the company's preferred shares lost 1 to5Y4. PRICES ALSO fell sharply Monday in light trading on the American Exchange and over-the-counter markets awaited the outcome of the Coal Miners Given Extra Time To Vote BY UNITED PRESS INTERNATIONAL Voting on a coal miners' contract which includes an immediate 9 per cent wage increase was delayed by heavy snows yesterday.

The financial community worried about rejection. Voting patterns were watched closely because rejection by a majority of the 120,000 striking miners would prolong the walkout and trigger heavier layoffs in coal dependent industries, particularly steel. Because of the weather, the voting was extended through tomorrow night. IN ANOTHER important economic development, Am-star, the nation's largest sut-ar company, drepped its wholesale sugar price to 69 cents a pound from about 75 cents a pound, the first drop in the wholesale price in weeks. The company said the lower price reflects the declining price of raw sugar on world markets.

In other developments: Senate Democratic leader Mike Mansfield said he would reconsider his opposition to a heavy gasoline tax to cut consumption. Mansfield said he might agree to an increase of 10 cents, 20 cents or 30 cents a gallon if President Ford presented a balanced package of energy conservation measures. Arthur Okum, former chairman of the Council of Economic Advisers, and George Perry, a colleague with the Brookings Institution, predicted an unemployment rate of 8 per cent next year. Okum said it would come by Perry said by the end of 1975. Building trades workers' average union wage rates in urban areas surged 2.3 percent during the third quarter, the largest third-quarter gain since the Depatment of Labor began keeping the records in 1948, the department said.

At the same time, building trades unemployment reached 12.4 per cent. The United States Bureau of Minos said it would take an initial investment of more than half a billion dollars to build an oil shale plant capable of producing 100,000 barrels of oil a day. BANK CLEARINGS Indianapolit bank cltirlngi yesterday were million. Dtttiti wtrt till million. Gorin Sirs 2 GormR 4 Gould Inc wt Gould IT .68 I Grainger .30 10 Grand Auto 4 GravMf 4t Gt Am Ind 2 GtBasin Pet 5 Gt Lk Ch .16 8 GtScotS Greenm GrerHy 3 GREIT .40 GryhdC 5 GRI Cp .30 GrossTIc .90 4 GrowC 32b Gruen Ind GSC En GuardMt wf GulfMRIt wt Gulf Can .80 6 3155 N.

Shadeland Ave. Indianapolis, Indiana 46226 (317) 545-6631 BTU Eng 3 1 14 Buehler Co 4 2 14 Bundy 1.08 33 22 7' Va Burgess Ind 4 6 1 14 Bush Univ 3 5 44 to Buries Oil 5 40 154-ltoi c-c Cablcom Gn 6 3 14- to Cagles In A 8 12 Caldor lib 3 36 5 Calcomp 3 40 5to- to Cal Life Co 2 6 5' i Cal Prltm 1 6 4 9to- to Cameo Inc 4 to Cam Ch 3 22 3'i- to CdnExo GO 17 25 1 11-14- Va Cdn Homstd 18 16 2'2l-16 CdnHvdr .25 3 10 4'j to Cdn Occidnt 9 3 7to- to Cdn SuprOil 9 23 Canverl Int I to Canoga Ind 5 3 14- Va Capehart Cp 2 24 Ito Carb In 53e 5 23 314-1 GulfRep Caressa .30 3 18 3'i Va Carnal 08a 3 15 55' 4- Halco Prod CaroPipl .84 6 15 84- to HallsMot .44 Fin we uuuusnuig vi'iuures 01 uie New York weekly. Village Voice, and New York Magazine, of which he is a founder and art director. Among his latest projects is the redesign of the Paris newspaper, Le Figaro. GLASER SAID that he wanted to create a mural that would express a spirit of openness and thus a new sense of government.

He wanted to avoid conflict with the vigor of the building yet still create a powerful pres-ense in its own right. "The colors," says Glaser, "really seemed like the right solution." Evans Woollen, the Indianapolis-based architect who designed the building unusual especially In its window treatment and escalating floors which make the top wider than the bottom-thinks Glaser did the perfect thing for the space Woollen conceived originally for. a mural. If the United States General Services Administration wanted to a new Federalism of its own, then Glaser's marching colors may help set the pace. WHILE THE GSA does not shout about it, major new Federal building projects have an allowance of one-h a 1 of 1 per cent of the general contract for original art work.

In this case the budget is $75,000 for the $15-million building. A few weeks ago a modern sculpture by Alexander Calder was dedicated at a Chicago Federal building and now the GSA seems recovered from the ill will of a decade ago when a mural done by Robert Motherwell for a Boston government building to eulogize President John F. Kennedy brought down a rain of protests. Artists once selected by the GA, as was Glaser, now are given a free hand but, perhaps still shying from the remembrance of Boston in the 1960s the administration seldom makes any great fanfare about the projects. SINCE Federal buildings so often have been cold and austere and left the public with a forbidding image, says Woollen, success with the mural was judged to be something which would make the build- ing "cheerful, disarming, fresh, welcoming, friendly and inviting." In an area of the city where there is already an Abundance architectual martial music, Glaser's mural turns a happy face toward the artillery of the Indiana World War Memorial rlaza and evokes a mood of Godspell.

Home Loan Interest Rale Cut Made Washington (UPI) James T. Lynn, Secretary of Housing and Urban Development, yesterday reduced interest rates from 8.5 per cent to 8.25 per cent in the Federal Plan for Conventional Home Mortgages. By reducing the mortgage interest rate and cutting insurance fees and other charges, Lynn said the effective interest rate to home buyers would drop from 9 92 per cent to 8.895 per cent. LYNN SAID the reductions would timnunt to a savings of $36 a month on a 30-ycar, mortgage. President Ford set aside $3 for the conventional program in October.

Through Saturday, $800 million hail been committed, according to the department. The conventional mortgage pla nis for new home buyers who are not eligible for home mortgages backed by the Veterans Administration or the Federal Housing Administration i Orange turns the northwest corner of the building and color by color, in what appear definitive vertical panels at a distance but blend without definition one into the other at close range, the mural flows south along Pennsylvania with muted apricot, reddish yellow, pure yellow, greenish yellow, a biege with a hint of red, then rose violet, pastel violet, pure violet, medium blue with an echo of violet, then dark blue into the wraparound at the southwest corner Other colors, none repeated, continue around the other three sides of the building. ASK HOW the painters are getting along with what may be one of the world's longest 672 feet continuous murals and a secretary at the paint contracting firm of Kite Inc. answers, "With very much difficulty." But owner Al Kite, who has done many major jobs in the downtown area, In-eluding the new Market Square Arena, says that despite the challenge of organizing an entirely new system to do the work it is probably his greatest painting "fun" ever. Kite, Glaser, Woollen and Bill Temple, manager of Devoe Paint stores here, have worked together on the job, one which Glaser did first with a small paper model from which Temple began the long, arduous task of mixing and matching exterior acrylic paint colors with artist tern pera colors.

Glaser used an artist's air brush for the model, but Kite had to figure out how to blend Temple's colors on the 27-foot-high wall in panels varying in widths from 6 to 36 feet with commercial air guns, a process complicated by wind, humidity and the height of the wall itself. KITE'S MEN perfected the system by practicing on ply wood in the company shop and yard before begin ning it last August. The tough est part of the work is paint on two free-standing outdoor stairwells. The stairs are a vertical twist in three shades of orange. The work, now slowed by cold temperatures, is not expected to be finished for a few weeks.

As for the mural itself, Glaser acknowledges that it has no beginning and no end. It will, however, have a finishing touch. He plans to bring the color to life wih night lighting which will pulse on a two- minute cycle from a soft glow to full brilliance and then back to glow. Only after a successful test of that can the GSA be sure that the American Legion, with national headquarters just a block north on Pennsyl vania, will not come march ing down on them to the tune of "Onward, Christian Soldiers." Happenings The Sales and Marketing Ex- ccutives of Indianapolis will have a breakfast meeting at 7:30 a.m. Friday in the Qua! ity Inn North, 1501 East 38th Street.

George Skinner, general sales manager for Car riage Estates, will be modcr ator for the topic, "Goal Setting." The Tax Letter, a monthly newsletter written by Keith C. Van Deventer, has been started and includes information about tax and financial planning Information, Eastern Airlines has announced that its winter flight schedule will become effective today, approximately two weeks earlier than normal. The schedule will Include eight services daily to Miami, cue of which is a nonslop flight departing here at 12:54 p.m. i'lid prrtving Miami at 3:30 p.m. Eastern also will provide nonstop service to Tampa, departing Indianapolis at 5 p.m.

and arriving at 7 p.rri., und continuing to the Sarasota-Bradenton Airport. 1 DIAL TOLL FREE 1 2 HampD 2 Hamptn Ind Hanovr Petr 7 Harland .18 17 Harmn 1.22t 2 HartzMt Cp I Hasbro Ind 7 Hasting 3 HawaiA 2 HealthM .30 3 Heinick Inst 5 Heitm 1.72e 2 Hemdale En 2 Her Mai .48 3 HiG Inc 4 Hillhvn .231 5 Hlptrnic IS 9 Hofmn Ind 2 Holng A 1.60 IS Holly Corp 5 HomeOA .50 8 HormeIG .92 5 Horn Hardrt HosdM 1.41s 2 HospMtg wt hosp Mtr In 5 Hotel I 2.08e HousRo 3 caroPL pt Z40 50VI Carr wt 7 4 CastIF 2 134 Castleton In 19 Ito Cavitron Cp 10 4 7 CDI Corn 2 33 1to CelluCraft 9 7 4-1-16 CenM pf3 50 130 314 to Centsec 8 3to Centlnd .1 Ir 3 2 Cenvill Com 2 18 2V4 Certron Cp 31 4 ChadMill .40 4 34 ChamH 235 24 Va Chartr Med 3 3 2 -CHB Fd 34t 4 148 9 1 CHC Corp 5 5 3 Va ChmEx 15p 8 5 to ChicUnl 2 3 lto Chi World 4 12 3 Christian Co 13 4- Va CIMfgGr wt 15 3-16 Cinerama 1 13 I1 Vi Circle .30 5 6 5'i Citation .40 3 3 4 CitzFinl 04p 13 Vi CitizMfol wt 5 316 CityGsFI .50 4 1 44 4 CK Petrotrn 7 13 9 to HoustO Clark Cons 3 4 14 HubellB Clark Gr .30 3 3 4to- to HudBOG Chicago, Illinois PICK-CONGRESS HOTEL 1000 rooms overlooking Lake Michigan. Downtown near shops, theatres, cultural and business centers. Memphis, Tenn. ALBERT PICK MOTOR INN New 247 rooms, just three block from the center of downtown.

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The Conference Board said In addition that Ihe rut in spending slowed In Int third quarter, hi Ihe second quarter, appropriations by Ihe 1,000 manufacturing firms surveyed rott 35 ptr cent Irom the lirtl quarter outlays. EGG PRICES Egq prices yesterday In central Indiana picked up al the larm (with cases relurnedl on consumer grades Included A larnt Sii'S7ci A medium 466 sou A tmtll 1VW4UC. SCRAP STEEL Ntw York (AP) Pittsburgh strap ttttl No. 1 heavy wai quoted yetltrday by Iron Ag at 8K. 6 2 1 2 1 5 2 3 1 1 1 2 4 1 3 I II 3 1 3 1 14 7 12 3 27 19 2 7 5 9 13 25 lt 2 4S .90 6 Hudson Gen Huffmn 3 HunlHIt 10e 4 HuskyO .50 3 Hycel Inc HygrFd .40 4 I-ICH Cp .331 8 ICM 1.83e IMC Magnet 4 ImpCh 2 ImpGrp 08e 5 Imper Ind 2 impO A 80a 9 Inarco 15p Incoterm A IndianHd wt Inflight Svc 6 Instron .30 4 Instrum SyS 3 Inlrmedco 31 Intl Banknot Int Cour .34 8 tnl Foodsvc 4 InFuneral 3 IntGenln .70 3 Int Prot .10 In Seaw 09p or call your travel agent for finest accommodations at moderate rates.

WRITE FOR FREE 4-YEAR CALENDAR AND DIRECTORY Albert Pick Hotels Motor Inns 532 South Michigan Suite 1423, Chicago, III. 60605 Clarkson .14 3 14 CMI Corp 25 4 lto CMI Inv wt 14 34- to CMT In Inc I lto 'a Coachmn In I 2 2'a Coff Mat .56 3 9 34- to! Cohen Hatld 4 4 tol Cohu In 15r 7 2 14 Coit Intl 278 4- to ColeNat .40 3 1 4'-z tol Coleman .44 4 10 5' a ColwellC .28 15 2'i- Comb Com 4 10 54- 4 Cmbustn Eq 5 4 14 Cominco 3e 5 3 33'i ComlAIII .30 7 2 84- 4 Coml Metal 2 2 ll' j- to Co Psvc lOe 4 3 37a- 4 ComSv 1.62b 6 6 154- to Compoln .32 7 1 44 Cornpugrp 4 11 lO'J- Conchem 40 3 3 6' 3 to. Concrd Fab 4 5 Ito- Condec Crp 3 8 3'i- 4j Conrock .60 4 3 8 Conrov Inc 1 4 Ito Con Oil Gas 8 9 6 41 Cons Ret .60 5 1 7to- to Consyne Cp 5 17 3 Vi! Int Stretch Cont Mater 6 23 14- to IntSvCon Cont Tol wt 31 4- Va! Cook Ind 40 1 20 ll'- 4 Cooper Jar 3 7 tol Interphoto Inlrsyst .40 Interway Cp Investm Fla InDivA I BO Inv Rll 1 20 lonlci Inc IroqBrd .12 Irvin Indust ISC Flnl .30 IsraelD 8Se ito- to 2to 4 (to to 9 to 143-4- to 4 lto 3 to 4- to 12 to ito- to 13to- to 44- to to 1 ito- to to 14- 4 '4 IS 54- 4 Whittakr wt 16 to-1-16 Wichita Ind 6 2 134- to WillcoxG .12 4 11 24 Wmhous .30 3 16 534- to WilshrO 7 30 4'i- to WilsonBr .30 3 34 Wlnklmn .50 4 3 4 Winston Mil 1 4 WIsP pf4 50 Z30 41 1 WollHB .34 4 3 )'l wood In JOt 11 13 Sto- to Wool Lt OSe 5 1 41-14 Worces Cont 4 4 to Work Wr .40 3 4 Sto IWrather Cp 19 47 lto- to Wright Har 14 19 14- to Air 10 3 I 2 to iWvleLab 30 3 3 Jto Wvnn Intl 3 II 54- to Iwvomisina, 4 I lto -X-V-I- V00H00 OSe 7 24- to 2ero Mf OS 7 4'i ZimrHo tup 5 2'i- to Railroads May Seek Higher Freight Rates Washington (AP) The Interstate Railroad Commission has cleared the way for a 7 per cent freight increase by the nation's railroads. The commission said it would ullow the railroads to file for the increase; to become effective Feb. 5.

The Commission may later decide to reject the increase if a public hearing and an investigation finds it nwarranted. The 7 per cent rise will bring the freight rate increases approved in 1974 to 28 per cent. ITS SO PEACEFUL IN THE COUNTRY ITS SAFE RESIDENT SECURITY IT EASY LIVIN' RESIDENT MAINTENANCE LOCAL APPLIANCE SERVICING AT OUR Air Conditioned Carpeted Range Refrigerator Dishwasher Disposal Gas Heat Attached Garage Optional Yard Care Maintenance Furnished Club House Swimming Pool Playground Resident Manager TAKE 1-70 OR US-40 EAST TO STATE ROAD 9. TURN SOUTH FROM 1-70 NORTH FROM US 40. TURN WEST AT THE GREEN MEADOWS SHOPPING CENTER, GREEN MEADOWS Va MILE.

Cordon Intl 7 32 2'a- V. Core 'Lain 9 9 13' CorrnBIck 1 7 14to- to Coscoln 7 4 7to Cousins wt 16 7-163-16 CoxCbl Com I 34 4to- 4 Craig Corp 2 31 1 to CramrE TOt 2 4 3to- to Creatlv Mgt 6 22 54 Creole Pel I 4 39 74 Crest Foam 4 Ito Crmptn 75o 5) 33 54 Itel Corp Jaclvn Jacobs Eng CwnCPI eOr 2 3 30'i- to Jamswv Jeanne! Jetronic Jupiter CKS lit lOe 3 1 34 Crutchr Res 10 13 4to- to CrvsllO lOe 3 37 84- 4 Food Prices Washington (AP)-Rtlail food pricti advanced steadily In IS world capital) during Sipltrnbtr and October, Willi Brazilian prices running 41.9 par cent above autumn 197 levels to laad II14 list, the Agriculture Department reports. The comparisons, published In this week's issue of Foreign Agriculture maqa-line, art compiled reuularly by the department. The Index shows that for September and October U.S. food prices wire up 11.1 per cent Iroin a year bofore, with those In Japan up 26.2 per cent, Italy 31.4 per cent, Mexico 21.3 per cent, Creat Britain 17 3 per cent, Canada 15.7 per cent and France 12.6 per cent, Weit Otrni.my and Belqlum, with 3.1 and 1.9 per cent hikes, were Hie lowest on the list In the vear-to-yor comparison.

Denmark, the Netherlands and Sweden also had Increases less than those In tut U.S. Broken down by si'ucilic types of food, a boneless sirloin steak lhal told No. 4 al Washington for 11.79 a pound cost a controlled I cents at Buenos Aires, SIS at Tokyo and St. 08 al Brasilia, for eiample. fcgut were costing 70 cents a dozen at Brasilia, $1.39 at Parli and 99 cents at Washington, while milk was priced at 17 cenlt a quart at London, 42 cents at Tokyo and 44 cauls at Washington, whtre food prices centrally run higher than the national average.

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