The Pittsburgh Press from Pittsburgh, Pennsylvania • Page 36

PJ. vfl Sue. The PiHshttrcih Press, Sunday, June 9, 1968 i Growrh frightens U. S. Finds Sirictly Business Jaoan Third In Steel Output Of 'dnofher Kennecy' Unions Lean To McCarthy Western Pennsylvania labor leaders who favored the late Sen.

Robert F. Kennedy for president are leaning toward Sen. Eugene McCarthy "unless another Kennedy enters the picture." (pi I Color TVs Hard To Soil Set Prices Major Deterrant, Says TMA President Continuing subdued demand for color television kept Television Manufacturers of America (TMA) from showing a profit in the third quarter ended May 31, Wallace A. Kcil, president says. Chances of year end results in the black are "almost out, of the question" he said, "The fiscal year ends Aug.

31." The TV set maker hasn't shown a profit since the second quarter of the last fiscal year. In the third quarter of that year, the company lost $127,6.19 on sharply reduced sales of $2,240,476. them equally on the international free trade market. According to Mr. Roche, Japanese steel is an instrument of Japanese national policy interested in maintaining a healthy balance of trade.

Such as, says Mr. Roche, it gets special treatment in terms of capital supply and governmental insulation against competing imports. Mr, Roche says Japan by 1975 could be exporting up to 40 million tons of raw steel annually, or one half the total world trade in steel. On reason for this estimate is the recently announced plan to merge Yawata and Fuji, Japan's two largest steelmakers, into one company that would produce 22.3 million tons annually. If the merger goes throush, and Japan's Fair Trade Commission never has turned down a major merger, that, combine would become the second largest steel producer in the world.

Only US. Steel, with Stock Offered NEW YORK An underwriting group headed by J. C. Bradford has offered 230.0'0 shares of Red Food Stores, common stock at $12.50 per share. TOKYO (UPI In 23 post-war years Japan's steel industry almost literally has grown from a pile of rubble to third place in the world behind the United States and Russia.

This technological miracle has so frightened American steel officials they have run to Congress for help in the form of import quotas on steel and pig iron. How could this have happened? How could a war-torn nation build so quickly and strongly in 23 years that its steel production alarms U. S. companies? The basic answer is: Japan produces steel cheaper than any other nation, so low it can undersell foreign producers on their own grounds despite the cost of ocean shipping. There is more to it than cheap labor which is estimated to give the Japanese a S10 per ton edge over U.

S. mills. John P. Roche, president of the American Iron and Steel Institute, says Japanese steelmakers have governmental advantages which make it impossible to compete with Over The Counter Quotations from the NASD ore representative Interdealer prices. Interdealer prices chanre throughout the day.

Prices do not Include markup, morkdown or "Our agreement under the merger terms was that you'd get ten plants!" 30.9 million tons per year, would be larger. Shigeo Nagano, president of Fuji Iron and Steel Co. and still a judo expert at 68, politely disagrees with Mr. Roche. Nagano told UPI he estimates Japan in 1975 would be exnorting a maximum of 15 million tons, about 4 million more than this year.

"And, of course," said Nagano, "we won't sell it all in the United States." "It is a fact that our labor costs are lower," Nagano said, "but I do not think the difference is as high as $40 per ton. And I would point out that labor is just one of the costs in making steel." Mr. Roche claims the U. S. industry still has a technological edge over Japan.

Although this point is arguable, he gets no argument on it from Nagano, a smiling man of great courtesy and tact. "We think of the U. S. steel Industry as our elder brother," he said. "It has taught us much." Nagano pointed out that since Japan's steel industry was devastated in the war, the nation had to build from scratch and therefore was able to use the latest in techniques and machinery.

Nagano contends the future of Japanese steel lies in the greatly expanding domestic market but that Japan also must continue to expert its steel. He emnhasized that Japan is forced to import large amounts of lumber, cotton and food as well as the ore and fuel to make steel. "It is our destiny that we must sell to buy," he said. MUTUAL FUNDS U. S.

Steal Buys Part Of Jet Firm Will Purchase More Stock Later The U. S. Steel Corp. has made another diversification move with announcement that it has agreed to purchase a minority interest in Executive Jet Aviation of Columbus, Ohio. Executive Jet leases large aircraft to major airlines and transports executives in jet aircraft.

U. S. Steel President E. H. Gott said his firm has entered Into a memorandum with Burlington Industries, American Contract a Penn Central Co.

subsidiary, and Executive Jet for the purchase. Under the agreement, U. S. Steel and Burlington on authority of the Civil Aermautk's Board, each will acquire one-half of American Coiuraol's interest in the Columbus firm and will buy additional stock in the company. Stale Highway Officials Praised NEW YORK Investing ComponlM showing ths hloh.

low, closing hid prices tor (he wesk wiln lost wjek 3 Select veir Pov Inv Res Istel Fd That was the word yesterday from Martin S. Griglak, Conncllsville, president of the western division of the Federation of Pennsylvania Telephone Workers. He headed the labor forces in this section backing Robert Kennedy. "Unless another Kennedy enters the picture, most of (he labor leaders I talked with favor Sen. McCarthy," said Mr.

Griglak. The "other Kennedy" would be Sen. Fdward Kennedy, Massachusetts Democrat, brother of the slain Robert Kennedy. There has been no Indication that, the senator will try for the White House nomination sought by his brother. The Kennedy drive, said Mr.

Griglak, "offered hope to those for whom life appeared futile. It would be disastrous for our country to permit such hope to be destroyed. "Now that Boh has been rut down, we arc forced to seek another leader. At the present, my initial leaning samplings Indicate a leaning toward Eugene McCarthy. "Those of us who shore these ideals cannot quit too much has been invested," said Mr.

Griglak. There was no indication from Allegheny County Volunteers for Kennedy whether they would support Sen. McCarthy. This group is headed by closing did, once. 927 9 52 20.40 26,87 19.20 22.80 9.30 9.78 21.04 27.50 19.05 23.07 Prev.

IvMt Close Close Ivy Fd 3.14 Jhnstn Hloh Low .1.." IO 9.20 8 95 KYfjTrtNE Aherrin Art Frl AMU Fd Am Bus 20.95' 90 901 1.26 3.54 11.78 8." inv I 25 Mod B-2 :i.ii DIs 4 27.04 5.97 9.60 9 93 9.45 II.66 Inc K-l Am Dn Am Gr 9 30 920 I.W 3.59 11.9 141 42.33 10.51 7 AS 10.31 rth io 43. II Hor Am Inv Am Mill 10.J9 Inc S-2 7.25 Apo S-3 Lor S-4 Am Poc Anchor Asso Fd HOUGHTON 1.65 9 9.00 9.44 1977 24.70 18.90 94.73 2270 3077 22.03 971 7.58 21.21 11.99 10.72 8.47 17 68 7.82 1279 1045 16.82 7.08 6.41 4.55 36,68 I. 1.70 15.92 II. 61 12.80 13.07 16.98 9.02 12.85 7.8S 17.67 14.12 Dividends 9.78 21.04 2.50 19.85 25.50 23.07 20 98 22.24 999 9 60 7.91 21.69 12.31 11.16 8.91 17.93 8.06 11.70 10,71 17.14 8.15 6 91 4.78 37.15 14.25 16.26 12.12 13.23 13.51 149 9.79 13.54 8.0? 18.23 14.J0 9.20 1.29 3.59 11.94 8.41 47.33 10.51 7.35 10.18 1.65 9 56 11.82 8.89 8.39 8.37 14.11 7.55 8.95 15.77 K6! 9.10 9.14 7.22 10.40 commission. Am General Am.

St. Gobain Am. St. Gobain pfd The current losses are a disappointment to TMA once known mainly for the flamboyant merchandising policies of its since departed founder, Earl 'Mad Man' Muntz. The company plunged into bankruptcy in 1054 with the decline in demand for olack and white TV.

Declared solvent in )()0, it went on to run up earnings of (50 cents a share) in 1066 on peak a I of $17,0.15 617. Last year, however, sales declined to $13,635,029 and the year end loss totaled Mr. Kcil cited price as one of the major t'eterrants to color TV sales, especially in the under $10,000 annual in. Axe A Ax- Axe 51 Axe Scl 1 Babson Blue Rid Bnd Slk But Fd Brood St A Corp 1I.B2 I 89 1.45 e.37 14.1.1 .95 1577 lis Al Como. 8.19 40 75 10.77 7.35 10.16 1.62 9 27 11.48 864 8.17 8.75 14.01 7.46 8.90 15.40 16.25 8.92 1773 901 697 10.01 1380 7 14 20 10 8.49 3.87 7.91 12.31 11.16 8.91 1775 8.05 1370 1071 1774 8.15 6.84 4.78 37.25 14.25 16.26 13.23 13.51 17.49 979 13.54 7.79 18.21 14.30 16.06 20 5Vi 12 47 9'i I6V7 40Vi 42 11V? 8' 31 20 1.61 Inll Knlkr 9.21 Knk Gth 11.42 Lexing 8.60 Res 8.0.5 Liberty 8.15 Lite Inv M.S7 Lit; Stic 7.43 I onryi'C SAYLE 8.1S Con Int 15.23 CnO Dv 16.01 Mut 8.91 Monhtn 1 37 MQss Fd 8.98 Moss Gr 6 87 Moss Tr 9.82 Moles Mc Don 13.67 Mid Am 5.12 Moodvs 770 10.89 80 17.75 7.79 13,21 10.54 16.88 7.93 6 58 4.65 36,86 13.96 16.05 11.80 12.9.1 1.1.21 1771 9.07 1307 779 17.89 14.22 15.72 4 71 8.08 19.94 6.53 Bullock Ind Dravo Corp Edoewoter Corp.

Electronic Cont. Svs Federated Inv. Inc. Fisher Scientific Homeslrod Valve Con Gen 9.10 Cdn Fd 17 3A Coo Inc 9.14 Coo Lite 7.22 Cnt Shr 10 40 LnANNINu FUNDS: Rnlnn OS 175 rVdvs Fd 2.19 X8.A2 4 02 Crm SI Grwth Inrom Sned Chase Fd 20.61 862 4.02 FOS 8. 47 MORTON .1.81 Mrt Gr 15 34 15.14 14.

Inc 14. Payable Record Aeroiet-Gen 12'jc June 30 June 15 Alcon Labs 10c June 21 June 7 Allied Thermal 37'3C July 1 June 21 Arislo Foods 6c July 1 June 17 Amerace Coro 30c July 15 June 17 Borman Food 20c July 10 June 20 Cascode Coro 5c June 14 June 7 Columbia Gas 38c June 14 June 7 C. W. Transport 15c July 1 June 20 Don River Mills 30c July 1 June 14 Dennv's Rsturnt July 1 June 14 Folrpleld-Nnhle 5c July 15 July 1 Great Am Hldng 35c July 31 July 3 Ch-mi-il July 29 July 3 Holophane 30c July 29 July 3 Corp 1v-c July 25 July 10 Kaiser Steel 25c June 28 June 14 Kinnev Not Svc 10c Aug 15 July 15 Pennsalt Chem 30c O' Aug 1 July 15 Roper nrtus 25c 13 June 28 Sears Indus 11c Aug 15 July 31 Snerrv Rand lOr Aug 19 July 3 Southern Conn Gas 5c June 28 June 7 Stote Bros Mkts 15c June 28 June 14 Tlffonv Co. 15c June 25 June 14 Tohln Packing 15c July 1 June 14 U.S.

Plvwd-Chp July 12 June 18 VWR United 15c Sept 9 Aug 26 STOCK Amer Snacks 100 June 28 June 14 Grow Chemical 5 July 29 July 16 EXTRA Alcon Labs 5c June 21 June 17 INCREASED Stanley Home 22'2C July 1 June 14 hSO Fr 107 70 104 Ak 107 70 Ml V) AArt 21' 6' 21 48'7 lg-4 17'j 41Vj 44 834 31 V4 16 10V4 57 30 li-' 15V: 6 38 5 22Vj 28 9'j 6V, 48 39 '6" 33 3f4 15 9 7 6( 4.84 8.30 20.50 6.65 19.9 20.11 2071 7 MIF Indion River citrus Jlffy F-ods 2 4 Life Assur. Po v' Maonetlcs Inc 734 Meloar JO Mine Safety 54 Nat. Un. Fire Ins 29 Nat. Un.

Life Il'-i Oliver Tyrone 28 Penna. Fnolnering 145i Poh. Reflects 5 Porter, H. K. Co xd Roberts Enterprises 4 Robertson, H.

3 Robrov Ind. 21j Rockwell Mfa. 2i'-f Signal Finance Switt Industries 6 Thrift Drugs 46 Scripos-Hownrd Br. 17-4 Ln-m r-o Citadel Col Eat Ins Fd G'h 3.60 6.14 14 78 3.70 6.28 14.60 15.43 4.66 7.85 19.78 6.46 21.36 9.76 12.14 11.03 13.65 8.40 16.06 4.84 20.50 6.65 21.94 278 .12.58 11.21 14.11 8.66 3.55 MIF 5.9? Mut 14.1? Mut 8 45 NEA COI Fd Col Grth 8 79 8 Mut 572 Not WS Wilkinsburg Mayor Alexander J. Jaffurs and Mrs.

Margaret L. Walgren, Mt. Lebanon. Cm St Fd 5.81 5.78 COMMONWEALTH FUNOj: Cw Coo 23.76 21.34 Cwth In It 78 11.10 Cw Inv 10 92 10.75 Cw Stk 11,18 11.17 WASHINGTON A congressional committee praised the "new breed" of professional stale highway officials in Pennsylvania. New York and Illinois in a report come f-iinily with the company considers its principle market.

Of these families only 11 per cent own color sets. THE FEDERAL Reserve 1202 21.58 2.77 12.14 11.09 13.8? 8.50 11 81 6.02 5.35 8 06 6.10 9.22 11.78 5.99 Nat Ind 23,17 Nit Inv NAT SEC SER: 10.63 Bnlnn 11.04 Bond Uiid 179 Pf Stk 1.98 Incom 10.17 Stock LUrvMONWEALTM trust: have and are offering a limited supply of Trion common oj A 1 85 I PI 2 Trion pin Tvsin Metols Union El. Steel Vitro Coro Voss Engineering 5' 4 31 36 14 Vulcan inc uMtk Trnlt'nn 6' Como Cp r.omo Fd Como Fd Concrd Cons inv Cnsum I Conv 5e Crp Ld Cntry Crown devgh Decatr 3.05 10.79 12.1.1 13.02 22.51 1.1.6? 5.32 11 60 X17.09 15.53 7.82 76.76 14.37 17 17 INSURED BANK SAVINGS CERTIFICATES OF DEPOSIT DISCOUNTED TO YIELD UP TO 201 10.50 11.79 33.19 IVS 5.30 II. .10 16.14 14.75 7.74 74.58 14.12 16.73 16.28 4 01 3.70 6.28 14.60 879 5.88 23.76 1178 10.9? 11.38 1 85 2.05 1079 12.13 13.02 22.51 I. 1.62 5.3? II.

60 16.35 15 53 7.82 76.76 14.17 17.17 1673 10.19 4.06 9.25 1M3 15.89 11.91 17.57 14 81 15.80 17.62 981 11 Al 19.14 1702 6.03 5.47 875 6.24 9.41 12.15 6 04 25.84 II 47 30.98 14 86 17.60 10.50 16.47 17.9? 8 96 9.08 16.06 11.8? 8.93 11.99 11.64 1478 26.82 6 13 1170 Grwlh 12.54 nn: 21.90 Heuwrth 13.12 New Fng 5.19 Mew Hor 11.19 New W'd 16.95 Neasf IT 14.58 7.66 100 Fnd 7.V1 One Win 14.05 Opoh 16.58 Penn Sn 16.18 Phlh Fd 10.05 Pilorm 3 5 Pilot 8.88 Pine St IV-I Pioneer 15.28 Plonned Price TR 17.0? Providt 14.50 Purilan Dela Fd Gr 16.73 D1 Diver In 10.39 Werner Cont. pfd 1474 Wm. Penn Racing 5 BONDS Pgh. Brewing 5s'92 2 ijlran 6s'81 130 Wash. Trot.

77 70 BANK STOCKS Commercial F. N. Bk. In Po Iron 8, Glass Bk. 140 Mellon Nat.

78 McK. Bank 21 Nnrth Side Dep. Bk 105 Peoples Un. McK 55 Pgh. Not.

Bonk 56 St. Clair Deo. Bk 53 Union Nat. Bank 34' West. Po.

Nat. Bank 17Vi 4 06 9 35 8 97 21.58 278 12.58 11.21 14 10 8.66 12 02 6.04 5.47 8 15 674 9.41 12.15 6.04 25.84 11.47 30.98 1486 1774 10.50 16.47 177? 9.0? 9.08 16.04 11.89 8.93 11.99 14.55 1478 2.P2 673 12.00 1541 1 A1 14.79 9 74 88? 7.85 20.06 1560 467.1 17.97 17.76 16.06 19.99 8.97 12.28 16,59 14.47 1174 9.84 16.26 S6.24 1584 9.57 1.41 i2 11.73 6 01 573 801 6.04 9.12 11.64 5.91 1176 29 89 14 61 17.36 10.12 15.87 17.11 8.64 8.90 15.62 11.45 8.48 11.64 14.3? 14.19 26.00 6.19 11.69 1470 16.03 14.18 9.50 8 54 7.5i 18.72 15 5' 44.36 17.53 15.48 19.27 8.69 11.90 15.86 13.93 10 960 15.89 53.73 Wrong Train Went To Paris And A Husband LAUSANNE, Switzerland -Sophia Manzetti. 27, intended to vacation in but took the train to Paris by mistake. After a week of sichtscein" In the City of Light, she started norm to Milan but got on the to Munich by mistake. "Mistakes are wond--ful." entliusod Miss Minzctti.

"I fell in love with Richard Worth on the train, and we got off here to arrange a Swiss wedding." Where will they homey-moon? "It's no use me picking because we would never get there," said the Italian girl. 12.00 15.40 pi'TNM FUNDS issued yesterday. The special subcommittee on the Federal-aid highway program, a unit of the House Public Works Committee, criticized most state highway departments for inadequate accounting methods and other sloppy practices, adding that the U.S. Bureau of Public Roads was also guilty of some such Inefficiencies. The subcommittee report covers hearings held in 1035 and 1968 and other investigations.

It concluded: "There must be a movement by all highway departments toward greater utilization of this type of professionalism. Through the competence of such specialist the problems discussed here can more readily be resolved." 19.11 18.74 15.89 15.45 11.78 17 57 17.37 14 88 14.57 15.80 15.58 17.6? 17.15 9 81 9 58 11.61 11,11 19.34 18 69 19 "3 18 51 17.01 ia 13.49 17.49 16.97 15.28 14 84 20.48 20 14 33.11 31.54 PROGRAMS: Local Securities Dlvld Sh Dow Th DrexH Dreyfus Fnin Bnl Fain Stk Eberst Gro FnrF" EM Fnd Ent A 1 FnlrIM Fm Bur Fd Grlh Fid Con Fid Fund Fid Trnd FINANCIAL Dvn Ind Inc F't Inv Fst Inv I' -trhrr 25.48 11.24 30.29 1469 17.19 10.37 16.34 17.57 8.84 9.01 15.79 11.54 8.6? 11.77 14.41 14.35 2678 621 11.80 14.87 1675 14.40 955 864 759 18.97 15.56 44.85 17.74 12.54 15.68 19.54 8.71 12.07 1584 14,06 11.62 9.34 16.04 54.67 1570 976 1.16 22.51 16.53 158 P73 7.76 14.07 10.61 1285 6.47 5.74 Bid 23Vi 7 7' 88'i 30 "4 15.41 14? 1479 974 882 7 85 20.06 1540 4673 17.97 1776 16.06 19.99 8.97 12.66 16.59 14 47 11 94 9 84 AIIV Airlines l.i i.ir,. Pr-wlno Jean Glass PFD Loircbe bieel Mr.Klnnev Mfa. W.n? Eaully 9.49 1176 Grlh 18.54 Inc Inv 16.29 pr Tech 13.12 Revere 1677 FOS: 14.64 Int Inv 1979 'C 31.15 Bnl Com 7.57 Sec Dlv 5.77 Sec Ea 7.73 Sec InF 10.62 Scl Am 11 26 Sel Snc 10 57 Pns 9 50 Sigma 8 .38 Inv 4 9.1 Sovr In 8 88 Mote St 1.90 7.66 JVt PGH. Brewinn S.17 7 97 11.59 PGH.

Brew PFD Williams Co IS 5.82 7.76 10.79 11 39 9.48 8 41 4.98 8 98 A TUI WHEN HELD TO MATURITY IN UNITS OF $5,000 These certificates of deposit, which we are offering, were it-sued by commercial bank members of Federal Deposit Insurance Corporation, a Government agency. Maturities up to one year. Offered on a "first come, first served" basis, so phone ot write today for full details. THE B.C. MORTON ORGANIZATION.

INC. Suite 997, Union Trust Building MtsburjH )5219 Phone 391-3535 Name Address Flelchr 975 Fla Grth 883 Fnd Lf 5 18 16.26 56.24 Fnd Mut 9.15 is. 14.84 STEADMAN FUNDS 14.94 Fourso FRANKLIN Fnk Cm CUSTODIAN A-n Ind 15.84 7 79 Fidcy 9.57 697 i.r 8.41 8.03 7.87 15.04 Ml 9 34 1.08 (dj SNAPSHOTS eould win you cash! Send them to Tress at Box 776. 2.66 STBIN ROE FDV 22.85 7.0? 2.70 13.16 7 50 12.52 Stein 26? 125 11. "5 70 12.84 Hoard has increased the margin requirement on loans made on stock purchases to 80 per cent from the present 70 per cent.

The board also Increased the margin requirement on loans made on convertible bonds In 60 per cent from the present 51) per cent. The margin requirements apply to new credit extension-? by brokers, dealers, bands and other lenders. tt tjt tt DISCOUNT RATES for most Installment credit loans up to $5000 have been raised a half per cent by Chase Manhattan Bank in New York. The new rates go into effect tomorrow. PENN CENTRAL says it will extend its exchange offer for Pittsburgh Lake Erie Railroad shares.

Approximately 70,000 shares have been pledged to Penn r- bringing its holdings to 91 per cent of the oik. landing shares. Under the exchange offer, Penn Central is offering three-quarters of a share of its common, $100 par value of 6.5 per rent collateral trust bond and $5 in cash for each share. STOCKHOLDERS of Bellows Sharon, have approved a merger into Zurn Industries, Erie. Metal Bellows designs and manufactures weld diaphram metal bellows and bellows-type modules and systems for aerospace, aircraft, communications and general industrial applications.

X13.24 Be an INDEPENDENT in this area (or an established (1919) respected Horn Building Manufacturer. No Capital Investment. No Experience. Earn $15,000. Contact Precident: Bennett Homes, 190 Olinir North Tontwendi, N.

Y. 32.85 22.35 16.67 15.96 15 5' 13.53 17." 8.08 7.78 14.29 13.94 i 10.95 10.52 13.11 17. 51 1 6.55 6.40 5.82 5.70 4 11.86 Stein In 7.M Siein St 12.76 Slerl Iny Sun Inv ll.y Tchsrs 14 07 T-ri Fd ".44 Tmpltn 24.12 04 TwnC 16.67 15.96 11.51 X8.08 14.2? 10.95 13.13 6 57 5.82 13.4? 17.49 1578 20 4J 32.33 790 J.97 7.97 11.02 11.59 975 879 5.18 9.15 15.30 8 0S 7.01 2.70 13.16 7.50 13.24 11.63 14.43 ".59 29.65 5.95 1.73 30.16 16.42 16 85 14.04 571 11 44 971 1405 7.91 1351 1671 884 5.56 15 33 11.5? 13.89 11.69 23.12 City How Ifoey Voted Zip Slate 28.74 UNITED FUNDS: 'J 0VEII tj OFFICES N0 STILL CHOWINS i.6 accu 1.61 Inrom 18 32 Scion 15 94 Un Cn 1608 VAI.Ufi 13 52 Vol Lne 15 87 15.57 15 17 15.33 10.51 10. V) 10.53 10.15 7.21 7.10 7.21 7.03 II 75 9.53 9.75 f.44 Fnk Ul Fnk In Am Fund Inv Gn Inv C-ei See GROUP SEC Aeroso Com St Ad Grlh Ind Grvohn Gucrd Him hdo HOnover Hedge Horac Hub Fnd ISI Gr Imo CflO Imp Gr Inc Fd Inc Bn-t Ind Fnd Ind Trnd Ind Am Ins Bnk InvC Am Inv Ind Inw Bs INV-ST GROUP Mut Slock 5.71 VOI Inc PUili TO BUILD? 11.61 14 43 11 34.88 21.57 1.7.1 20.16 16.56 165 14.04 5.71 11 44 01 1405 7.91 13.51 1.91 8 84 5.56 15.32 I. 1.5? 13.89 II.

69 23.12 11.17 14.20 .47 24,17 31. "5 2n.y 5.5i 1 71 18 "1 16.01 1608 1369 52 11.18 9 3 13 73 7.8? 1117 154 8.49 5.44 15.03 13.41 13.59 11.53 22.54 10 18 9 71 10 18 9.63 5 96 5.64 5.96 5 66 6 0 5 5 97 6 05 5 94 8 30 8 05 8.30 7 97 1103 Vnl Spl 9.27 Vanqrd 13.61 Voried In 7 0 Viking Gr 13.03 WoHS In 16.15 wsh Mut 8.36 '-ll Fd 5 42 West Ind 12.81 17.62 12.81 17.47 13.76 13.47 13.76 13.18 1.1 51 13.35 13 51 13.21 9 92 9.61 9.93 9.48 uic ia nn ia 15 84 SAVE MONEY WITH STEEL BUILDINGS teaejl il hi 1 1 1 20.41 19 8 1 20.14 to.W 16 02 15.32 16.03 15.21 8 44 8.10 8 44 8. '8 15.03 Vhithl Wndsor 13.38 Wlscon 11 A1 ..6 79 6 18 6.79 4.39 22.48 x-ex-dlvldenri; t-stock split, Completely Erected Industrial Completely Commercial Insulated Warehousing Reinforced Concrete Floor plans available Phone 824-2244 $60 A SQ. FT. 3 ERECTED arco Modern Development Construction Corp.

201 Penn Ccnler Pittsburgh, Pa. 15235 Foreign Exchange Foreign exchange rates reported by the Pittsburgh National Bank. Argentina peso. Australia dollar. 1.1130; Aust in schilling, .033762: Belgium franc, Braiil cru'-lr" (newl, Conado dollar, Chile escudo, Denma-k kr-ne.

Finland tinmark, France 7611.11; Germany, West deutsche mork, Grrece drochmo, 0335; h'dio rucee, Ireland pound, tiy lira, Japan yen. Me-lco pen, Nethe -lands gullde New Zealand drllor, 1.1165; Norway or-nor, .140013: Portuool escudo, Stwln peeln, (11450; Sweden krrnr. Swlterlond I one, 212518; United Kingdom pound, 1847; Ur'iauoy peso, Veneiuela bollvor, .2330. Democrat; John H. Dent, Jeannette Democrat; Thomas E.

Morgan. Fredericktown Democrat; Albert W. Johnron, Smcthport Republican: Richard S. Schweiker, Norristown Republican; Harley 0. Staggers, West Virginia Democrat; Ken Hechler, West Virginia Democrat; Wayne L.

Hays, Ohio Democrat; and Michael J. Kirwan, Ohio Democrat. Against: John P. Savior, Johnstown Republican: J. Irving Whalley, Windber Republican; and Arch A.

Moore, West Virginia Republican. Not voting: Elmer J. Holland, Fouthside Democrat; Joseph P. Vigorito, Erie Democrat; and Frank T. Bow, Ohio Republican.

To create a number of arldi-t i a 1 judgeships, including one for the third Circuit Court of Appeals in Philadelphia. Passed. 357 to 12. all for ex-crpf Dent, vat.ng Dou absent. To send the crime control hill to Senate-House conference, instead of acting upon it at once.

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Come see ui for details. MERVIS 2135 BROWNSVILLE RD, 884-1200 CARRICK FROM PITTSBURGH HTVSP.VK! Press W'ashinnton Bureau WASHINGTON Record votes in Congress last week: SENATE To authorize the president to reappoint E.itle C. Wheeler as chairman of the joint chiefs of staff for one year. Passed. 52 to 2.

For: Robert C. Byrd. W. Va. Democrat Against: Stephen M.

Young, Ohio Democrat. Not voting: Joseph S. Clark. Philadelphia Democrat. Hugh Scott, Philadelphia Ilcpubli-can.

Jennings Randolph, West Virginia and Frank J. Lausche. Ohio Democrat. To a provision to give referees in bankruptcy a higher retirement formula than other civil service cm-ploy es. Adopted, 42 to 27.

Kor: Lausche, Against: Clark, Byrd and Randolph. Present: Young. Not Voting: Scott. To send back to committee the above bill dealing with referees in bankruptcy. Morion adopted.

62 to 9. For: Clark. Byrd, Randolph and Young. Against: Lausche. Not voting: Scc'tt.

To eliminate from the Pc.it Office appropriations bill MO million for post office buildings. Defeated, 50 to 2fi. Vitamins Imported NEW DELHI India is importing vitamins. May Co. Sales, Earnings Higher NEW YORK May Department Stores Co.

had earnings of $4,614,000 on sales of $219,711,000 in the first quarter ended April 30 a 34 per cent boost over the $3,449,000 earned in the same pericd last years on sales of $201,473,000. President Stanley J. Goodman attributed the nine per cent jump in sales to general improvement in consumer buying trends and constructive programs undertaken in the company during the past year. (Kaufmann's is a May Co. division.

EXPIRES For the motion: Mjorhead, Pent, Morgan Clark. Saylor CONTROLLER-BUDGET DIRECTOR and Havs. Against: Corbett. Whalley. Fulton.

Jchnson, Schweiker, Hechler, Staggers and international affiliations and Area manufacturer with i in ion is looking for a controller- volume under 5 mil WHAT IS YOUR WORTH! 1 Is vsur present eesitioe tnoblleq von realitt your carter potential? Our vrcfesslsnal cansultlntj op-ronck hot helped tieeutivM Aitalyte their potential worth the business community. select the right confidential carter program that best ftts their talents. negotiate trem strength tor the btst oslble In-crtost in matter what your Held ot Interest, contact us without ob iaa-tien tor a confidential Inter lew. appointment only. EXECUTIVE GUIDANCE 309 Empire Bid.

181-2391 Not voting: Holland, Vigori- controller with working budget director. Must be to, Moore and Bow. experience in job costs, budgeting counting. Send resume and salary Box 3-513, eo this and general acquirements to paper STALEY LIGHTNING WHITE sritt bp featured in a full page color ad on Thursday, June 13 in the Pittsburgh Press. This well designed ad will carry a laundry chart with stain removal recommenda- lions to help th" consumer use this amazing while- tier and stain fighter without the use of a bleach.

The ad will also feature big money saving ofier. AJAX AUTOMATIC DISHWASHING DETERGENT is currently appearing in a powerful ad series in both Pittsburgh papers. This excellent newspaper promotion will offer AVw A fax Dishwasher to the consumer at a big savings. ISexl ad is scheduled i for June 19 in the Press and June 20 in the Post-Gazette. TV New from KAKN'S the popular REUBEN SANDWICH is now available at the frozen food counter of your favorite food market.

A full page color ad on June 27 in The Pittsburgh Press will tell the area readers of this favorite meal or snack which is a wonderful blend of'- sauerkraut, U. S. choice cooked corned beef and cheese set between slices of buttered dark rye bread. Needs no preparation just heat in aluminum foil package, open and cat. A page dominating ad on June 20 in both Pittsburgh newspapers will a'ert th? ara homemakers of the NEW PENNSYLVANIA DUTCH CASSEROLE CASES.

This excellent idea for kfiovers is a combination of tasty egg noodles rich flavored sauce and bread crumb garnish. The Pennsylvania Dutch Casserole Bases are J' available in three different flavors: Strogonoff Sauce, Herb Sauce, and Cheese Sauce. The ad will also feature an outstanding consumer savings. Local broker is i V. L.

McClay Son. A space ad on Thursday, June 20 will feature FOOD at a plrs a co im offer. The ad will in both the Press I and Post-Gazette. Ad copy ale: 3 area dog owners that Iqcal gives your dog a ba'anced diet he needs, in eilher his choice of regular or chicken flavor. Local broker is R.

F. Davey Associates, Inc. New Firm Formed By Gulf Western SLUGql NEW YORK -Charles G. Bluhdorn, chairman of the board of Gulf Western Industries. announced the formation of Gulf Western Realty and Development Corp.

rhilip J. Levin, a director of Gulf Western, will be president and chairman of the board. wunu 1 uma-iri tsc To adjourn the House. This motion was made immediately after the House convened on the day of Sen. Kennedy's drih, and was opposed by the leaders of both Dc'eatcd.

30 to 70. For: Scott. Against: Clark Bud. Ran- dolph and Young. mexicfin jkAiiaiffaa iiiivii a a ivi a Lausche Not voting: Moran.

Clark. Dent, Vigorito, Hechler and For: Savior, Hays. Against Moorhead, Corbett. Fulton, Johnson, Whalley, Moore, Kirwan, F- rnmllmic UJIIh f-UIUKt Even if you have no experience In the food business and have never been an employer before you, too, can make profits pronto, with Pep'e Taco. Based on actual experience, Pep'e Taco franchises are earning $15,000 to $30,000 the first yearl Our tested, quick-service methods, in-depth research, popular Mexican food menu, constant supervision, and proven advertising and promotional assistance will guide you to success.

We will be Interviewing applicants in your area soon. If you have good credit and can invest r'l'mum of $10,250.00, WORKS MANAGER SALARV: MID-TWENTIES Growth opportunity to managt small steal plant making cold drawn bars and win In attractive suburb of matropalitan midwest city. Th successful candidal will bi fully responsible- for operations. Ha must havi had supervisory experience in the steel Industry. Ha probably Is over 25 with a college degree.

If qualified, please send brief but complete resume toi Box Q-435, Pittsburgh Press. HOUSE To authorize for the National Foundation on the Ar's and Humanities $34 million for the next two years, plus up to $13.5 million for matching private gifts. Passed. W4 to m. For: Robert J.

C'crbett. Pen Avon Heights Republican: James "Fulton. Pormont Republican; William S. Moor-he a d. Shadyside Democrat; Frank M.

Clark, New Castle and Staggers. Not voting: 1 1 a and Bow. Passage of the crime control bill. rased. to 17.

All for except Clark, a I and Holland and Bcw, absent. write for franchise intormauc" NC. MARKETING DIRECTOR PEP TACO INTERNATIONAL, 3320 Pulwi-rtli Arling'on, Txai 76010.