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The Los Angeles Times from Los Angeles, California • 28

Location:
Los Angeles, California
Issue Date:
Page:
28
Extracted Article Text (OCR)

v-xJt Oil Hi Prices Siasiitd 23 flngeltg Cioigg ivjJ inodwl iLu-ibivirs, with cuts ranging up to $230. The company said adver- line from $203 to $228. and on Ramblers on the economy Rambler NEW YORK (DJr-NeU-ner Brothers, sales for the nine months ended Sept. 30 were $50,471,174, up 3.5fi over the like 1900 period, i Merger of Restaurant Chains Eyed DETROIT (UPI) Amer '62 CONTINENTALS CU.aJl-AT.tV2!2l C2ARY 'cterf Aultorfretf Dtmht 121 W. IAS TUNAS UN CAltltl tised-delivered prices on the Rambler Classic line have ican Motors announced American series from $112 to $156.

Low-priced deluxe models are $1 lower. Wen reduced from $50 to was reducing prices on all A state permit being sought for a 'merger of the John It. Thompson Chi cago-based national restau OBBEDi) feBgjB iVr-GUHI. i rant company, and Kobert C. Wian Enterprises, owner of 14 Bob's Drive-ins and 73 BOOST IN DECADE SEEN FOR FREE WORLD OIL NEEDS NEW YORK LT) A 73 increase in the free world's consumption of petroleum is likely in the next 10 years, the Chase Manhattan Bank said Thursday.

It said' the oil industry's outlook can hardly be other than optimistic considering the mounting energy requirements of the world's growing population and petroleum's dominant position as an energy source. The bank said consumption of oil in the free world abroad, particularly in Western Europe, is expected to increase from 9.3 million barrels a day to 16.8 million by 1970. United States consump-, tion is expected to exceed 12.5 million barrels a day, an increase of 2.8 million over 19C0. However, Chase Manhattan warned of external forces which it said could impair the industry's "health and growth. "Currently the industry finds itself between two converging pressures increasing competition and increasing government intervention," it said.

coffee shops in Southern Laiuornia, and franchiser of 261 Big Boy Coffee Shop3 in 21 states and 136 cities. H. Haskell Davenoort III. president of Thompson operator of 47 restaurants including the Ontra Cafe terias, said the menrer dis cussions would be held on an is a Sound Conservative Investment SAFE CONVENIENT AVAILABLE All Insured Savings Accounts provide Guaranteed Protection with high earnings. No market fluctuations.

Offered in Pass Book Form which may be opened with any amount or Full Paid Certificates in multiples of $100.00. Accounts opened on or before the 10th of any month earn dividends from the 1st. Incorporated 1924 Uow in out 37th Ytvr. exchange-of-stock basis. If a merger is Davenport said, the Wian Enterprises will orerate as a separate division of the Over-the-Counter inompson firm and wian would become a director and vice rjresident of Thomnson THURSDAY, OCT.

and one of its principal stockholders. He would re Th fnllnwlna hlrt Unit Jttkff Brlr an Ahtalrwut (rftrn 4h Mattnnal Act. tecurities Dealers, and are unofficial. They do not represent actual transac SPACIOUS fAXKINO COURT UK TO QUI CUSTOMERS main as managing director Wian Enterprises. -4t tions, i ney are intended as a guide to the approximata ranse within which these tecurities cquld have been solo or bought at the time of compilation yesterday.

(A mm i --mm r- I Insurance Stock Bid Ask Bid Ask Mayfair Mkts 8 McCormlck Selph iVt 5Va Bid Benson-Lerner 17 Berkshire Hath 8 Biochemical Proc 11 Birtscher Corp 7 Bonanza Airlines 4 Boston Capital 16 Ask JO'. 91 12i 8' i 58 17'! McLouth Steel 55 58 Mektrol Labs P. 151 23 wian enterprises nad net sales for 19G0 of $12 million and net earnings of $290,000. In the same period, Thompson had sales of $25 million and net earnings of $339,000. Merchants FM 55 27 143 21 13 29 S'm 47 29? Microdot mc 20 23 Botany Indus 7 Miles Labs 105 26'i 29 Missiles sys Corp 15 17 5(H 8 315 Bours Inc Bowater Paper Brunswig Drug Cal Inters! Tel t'4 1 18' 20 MODlle 7 Morninq Coffee 3 4 181 190 24' 4 254 Vlorrison Knuasen 32 34 108" 113'j Aetna Flrt Aetna Life Am Equitable Am Hert Life Am Ins Newark Aroonaut Ins Cenef Std Lift Conn General Cont Assurance Cont Casualty Flremans Fund Franklin Life General Re-Ins Glens Falls Globe It Repub Great American Hanover Fire Hartford Fire Home Insurance Life Ins of Vlr Cal Oregon 58 19 Cal Pac Utilities 24' 1 25 Calif Water Svc 28 30 imm.

National prop 17 Do pf 49 Nieman Marcus 18 Networks Elec 4 few hurt' m4 Cal Water 81 Tel 40 6234 66 123'i 129 163 179 443 47V, 24 26H 541 i J7i, 47V4 50H 5 Campb Mch Inc 8' Nevada Nat Gas 11 12 Canadian Suo Oil 12 13 Cannon Electric 21 24 Nevada Power 47 New Eng 31 33 Hartfield Sales Up Sales of Hartfield Stores, for the eight months ended Sept 30 totaled up 32 over the same 1960 period. i Cap For Tch Ind 11 12 44 Norrnern ina PS 43 90 94 63 66 Century Proo 6 14 15 Pabst Brew Pac Alrmotive 112 117 Citizens Utils A 31 33 Do 28 30', 5 4 Lincoln Nat Life 160 169 Pac Automation 34 4 Maryland Cas 4OT4 43V Coastal Dynam CP 4 5 Coca Cola LA 27 31 Pac Haw Prod aoto 41 17V 19 Coleman Engine 7Vi 8 147 1S9 Pac Intermtn Ex 11 12 Pac Mercury TV 6 7 Pac Outdoor Adv 11 12 44'. Colo Interst Gas 44 4S'j 4BVt 12H 13 Mission Equities Nat Fire Nat Union Fire Nationwide Northriver Pac Indemnity Pac Mutual 44 471'. Colo Oil Cas Do of rac power tr 49 S3 22 24 441 48V4 41s Colwell Co 31 34 38 41 Computer Eouipmt 2 3 csc vitamin CP 5 Palomar Mort 29 Parker Hannifin 32 Pauley Pet 17 32 34 12't 134 Cmwlth Oil Ref 10 11 Protective Sec Life i VM Provid-Wash 234 55v 19 Consol Am Svc 2 3 Pendelton Tool 27 30 Consol Frahtwvs 11 11 St Paul Sec Ins Haven 90 Consol Rock Pds 21 23 Permanent Filter 4 7 Permanente Cem 20 22 96 1414 personal pr Las 10 11 sec Title ins Sorlnofield Ins 43' i 33 Cornet Store 8 9 Cresc Eng Res 6 7 Cyprus Mines 25 27 Dashew Bus Mch 22 24 Del Webb 10 11 peiroiane bas 29 Phaostron 3 Title Guar Co NY 36' i 39 4 Title ins Tr 5Aj 61 34 Travels ins 163 171 4 71 Pioneer Naf Gat 31 Poly Industries 3 Pomona Tile 4 Portland Gen El 47 Producina Croo 7 US Fid Guar US Life Westchester 76' i 80'A 51 12 13 32 35 2 2 19 21 6 6 Delhi Taylor Dial Financt Dialaphone Diversa Inc pf Do cm 39 8 Prod Research 15 16 Pub Svc of NM 37 40 Purex Corp 72 76 11 13 Dob Coro Eastern Banks Bankers Trust 69 Chase Manhattan 8Ui 85 Ducommun Mtls 20 22 Dun Bradstreet 65 ruroiaior proo 3Z 36 Rabin Winters 5 4 Chem Bk NY Tr 8414 87 Radiatronics 3 i- 78 83 32 35 12 12 16 18 lonr ill NB cm 160 166 First Nat Chi 91 954 First Nat City 101 Dymo Indus Eldon Indus Electrada Cp Electro Instr Electronic Cap Irving Trust 48 Sl 28 30 Republic Supply 13 14 Resiflex Laborat 14 15 Rockwell Mf Co 34 37 Rose Marie Reld 11 Roy Dut Pet NY 51 55 Roval Industries 9 tot Electronic Comp 5 6 Electronic Eng 15 17 Elecfr nt cap 13 14 tianover Tr 58 61 Morgan Gly 131 136 Western Banks Arizona Bank 374 Bank Am 63-i 71 "2 BankofCalSF 35'-i S8 Scantlin Electron 28 31 Scott Foresman 28 31 Electro-Scl Invst 26 29 Electrosollds 7 8 Epps Industries 3'i 4 14 14 Farmer Bros, 7 8 S9. 42 i i3 iiu iearie 110 115 Sees Candy Shop 13 14 Shore Calnevar 8 9 Sierra Pac Pw 34 37 Smith Indus 7 8 So Cal Water 32'i 35 Fed Mart 17 18 First Boston 83 87 Four Star TV 21 23 Futterman Corp 15 16 33 34 37Vj 40 44 50 66'i 69 38 41 I 47 50 55Vi 5 52 28 30 Citizens NB City NB of Brl Cont Bank Crocker Anglo Fidelity Bank First NT SO First Western Pac Nat Bk SF Pac State Bk Santa Monica Bk 50 union bas Southwest Gas Speedee Mart 4' Garden Land Co 3 39 42 Gas service Gen Tel 4 22 24 9 10 5 4 8 9 4 7 10 11 18 Soring Str Cap 29 Do pf 19' 21 State Explr Sec First Nat LA 86 21 22 Straza Indus Strolee of Calif Strong Cobb Ar 4 7 Union Bank LA 1 86 Unit Cal Bk 49V' 73', US Nat Bk SD 46 SO Do 5 pf Genisco Gertsch Glasspar Glickman Co 13 14 15 16' 4 5 6'4 9'e 10 Sunset Hse Dist 18 20 i Valley NB Phoen 64 13 14 sysrron uonner 31 vent Farao if? Great Basin Pet 2 2 32 344 4 Gt All Am Mkts 4 SAL Holding Companies 38 41 i a span co Teion Ranch Telecomputing Texas Am Oil Grfnnell Corp 177 186 5 Harvlll Corp 3 4 4W 44 49 4 Allied Emp Inc Cal Financial Empire Flnan Far West Fin Thermal Power 5 pieuoiein inc 45 71 Hilton Credit Coro 3 4 25' 27 33 36 Thompson Fbr Gt 20 liv.

Houston Fearless 5 4 inrirry uruss su-4 44 Fin Federation liO 140 inform sys inc 9 10 Intl Elec Res 14 16 Intersetale Bake 34 34 I.I.M.t. Time Inc Times-Mirror Tool First Fin of West 20 22 Gibraltar Fin 45 48 Hawthorne Fin 15 16 Lvtton Finan 29 32 16 18' 92 94 35 38' i 12 13 24 24 Do pf 84 Interstate Eno 14 15 Midwestern Fin 22 2S Transcon Lines Trans Gas Pipe 22 Interstate Host 26 29 23'-2 Trans-Coast Inv 30 1" 8 rransvai Electr Travelodoe Cp 'i Interstate Mot Fr 11 12 Interstate Bend 39 41 Itek Corp 29 32' 33 36 55 58 55 59 Trans-Hi Word UnFin Cpof Cal Wesco Finan Tucson Gas 40 42 Unilever NV 50 108 112 Jurgensen Groc 4 5 Common and Preferred United Electrody 17 19 Kaiser Steel 35 37 us t-nem Mill 4 5 Do of 21 22 US Leasing 4 7 Kentucky Utlls 45 49 Acme Electric 25 Air Products 68 73 Altamil 3 4 Am Cement 11 12 Kinetics Corp 11 13 us servateria it United Utlls 28 30 Urethana Cp Cal 11 12 Knudsen Cream 29 32 Koehring Co 9 10 Kramer Am 4 5' Am Express 53 56'. Am Labs Inc 6 7 Am Marietta 25 27 uo A 4 Urethana Indus 5 LA Drug Co 16 18 Laguna Nlghel 11 12 Utah Const 49 53 Van Camps 39' 42' Vol Shan Indus 21 23 Am 45 48 Anadite Inc 32 35 Anheuser Busch 56" 60 Arrowhead Dev 7 B'-i Arden Farms 14 16 Vons Grocery 22 24' Warner Swasey 30 32 Langendort Bak 22 24 Lasco Indus 2 3 Liberty Records 12 13 Lone Star Steel 19 20 Do Pf 54 57 Aril Bancorp 26 28 warren Bros 26' 29 Wash Nat Gas 33 34 Ariz 7 8 Aroowhd Puritas 19 21 Lucky Lager 21 23 Waste King 12 14 Wayne Mfo 14 19 store Fix 4 7 Automatic Retail 56' i 6W4 Macco Corp 15 16 R. V. Weatherford 11 13 MacM llan R-F Oil 3 4 Automation Indus 5 6' Avery Adhesive 19 20' Avon Products 91 western Nat Gas 13 14 Western Pub 72 74 Marine Capitol Co 12 13 Aztec 19 21 45 4 Market Basket 31 34 Marlln Rockwell 20 22 Babcock Electron 24 57 7' 2ilMarshall Indus 11 12 29' wnco cnem Weathr Corp Wyle Labs Yuma Cons Ind Zero Mfg Bavless Mkts 20 Bekins VanfcStor 8 44 24 2' 6H 72 9 Mateu inc 4 2's 17 19 Bell Electronics 15 14Maxon Elec" Interest Purchased NEW YORK (DJ) Cities Service Co.

announced acquisition for, cash of a sub Sears1 Sales Set Records CHICAGO Sears Roe buck Co. Thursday re stantial interest in a princi pal Evance Coppee Cie of Brussels subsidiary. Evence Coppee is a large European ported a marked increase in sales for September, establishing a new all-time record industrial organization with interests in metals, electric power, coal, chemicals, foods, construction and other enterprises. for the month. Gross sales were $392,863, 1 -t 833, an increase of 102 or 7.7fJ over the pre C3g ISfiJUFr ,1 iHS tisi osjagn vious record of $364,658,831 in September, 1960.

Sales for the first eight months of Sears' fiscal year, February through September, totaled $2,840,353,908, also a new record. This was a gain of $79,517,115 or 2.9 of sales over the $2,760,836,793 in the same period of 1960, which was the previous record. WHOLESALERS DISTHISUTOHS Just arrived new ling of Waif Carman Hi Fi ttaroo console! (also multiplex). Best quality cabinetry and components. Vary competitive.

Choice territories in California and Nevada now being offered. For details, pleas contact WESTERN AUDIO IMPORTS I7i it ran vi. ra it, ciiif. Phone DAvenport 1 .3467 Kv n. 7U SIQCSO 1962 CADILLAC.

CM DeVltle. fully Eenlftttf. Mo. FRIENDLIEST SERVICE FINEST JETS FASTEST NONSTOPS run rw im. ir una.

1962 CONTINENTAL M4550Mo.r Fully EhIf4. Fell Pewer leg. Air Ci4. $09 Per Felly IjuIbm4. Full Prate M0, II SEATTLE' hour, 58 minutes PORTLAND 1 hour, 49 minutes fMMmsm To there's only one passenger on every flight.

YoulThis hospitality has been a tradition for 35 years. Results: such incomparable service as Western's Champagne Flights and Hunt Breakfast Flights, plus JetCoach Flights with delicious hot meals and reserved seats. Next trip, be sure to fly Western. The moment you're sbdard you'll know vou've chosen the right airline! 54 minutes SAN FRANCISCO Only Western flies FanJets to San Fran Cisco and the Pacific Northwest. Four revolutionary FanJet engines enable these Jet-Age miracles to cruise at 910ihs the speed of sound, take-off in 30 seconds and in l3rd less distance than conventional jets, climb to 30,000 feet in 8 minutes.

You're not flying the finest along the Coast unless you fly a Western Airlines FanJetl CUander 5-9391 Clyrrpia 2-8969 mrm mhv monica stcva caup. MEXICO CITY 3 hours i-'t Coach Defuxe mt tOAM CAM. WI tUV yaur nretenl cer. FREE U.0O0 mil warranty atCTRONIC RESERVATIONS, 24 HOURS A DAY: MAdison 6-4242, THorawall 2-2101, SYcamom 57751, CRestview 4-7881, CSbornt 94795, HArrison 1-8271. Or set your friendly Travel AftRl.

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