The Galveston Daily News from Galveston, Texas • Page 15

16-A December 18, 1981 RECEIPTS Great Britain Continent Africa So. America Middle East Orient Total By Container By Rail By Truck TOTAL EXPORTS COTTON STATEMENT Hijack sttspectnabbed near scene of crime TMtWMk 'TOiSMm 450 75,619 211,498 323,652 ONTARIO, Calif. (UPI) A SUSpeCted skviacker. his -irirlfHpnrt at tha 1 FOREIGN EXPORTS 48,690 48,690 803 96,992 97,795 DOMESTIC SHIPMENTS 68,408 15,459 28,861 731 11,105 919 179,296 192,051 106,268 66,227 31,330 48,690 210,523 395,876 GALVESTON STOCK STATEMENT This Day 57,597 Last year 82,273 This report Is provided through the courtesy of the Gaiveston Cotton Exchange and Board of Trade. Stocks squeeze out small gain NEW YORK (UPI) The stock market, overcoming heavy tax selling and President Reagan's doubts about balancing the budget, squeezed out a small gain Wednesday in moderately active trading.

"We are seeing a yearend craziness with the market Markets (The following quotations are supplied through courtesy of Rotan Mode Gahestoo.) Allied Corp Kroger 26'j AkimCoAm.25'fe Amer Am Can LTV Am Cyan Mara Oil 85'-, Am 2K McDermott 38 8 SB's, Armeo 27'j 70 Bendix Corp 58 Motorola BethStl Mobil Oil NtGyp Borden Nonvst Ind 8 PaeGasEl CampblSflup 29i-j PanhdlEst Celanese 56 Penny 27 Chrysler PZL 494 Cities Pepsico 35ft Coca 34 Phil Pet 42'i, ColgPoI Polaroid 20ft CBS W-, RCA 17', Cntr) 39't, ContGroup 4 3 Delta Air Rnlds 23ft Rnlds RJ DuPont 38-- 1 3 Eastern .6" Santa Fe El Paso Safeway Sears 16 Exxon Srv Shnvn Shell Oil 45 Ford 26 Frpt McMor. Silver 8.80 GAP SoPae 42 GenElec SoUnGas ...22 Gen 3P i SperryCorp .35 Gen 36 St Oil A GTE Getty Oil 66Ti Tenneco 32" 4 Gillette 33 Texaco 34'ji Gold 416.00 TxECorp Goodrich 19 5 Tx Jnstr Textron. 25'-. TexUtil wl Todd 28 4 GulfOil 38'H Transco Un Carbide 50'-, UnOilCal Houslnd 17 Uniroya! Hughes Tool US Steel IBM Warner Com. 56'-.

IntHarv 6 3 Western Co. IncoLtd 13's 8 Wstnghse 18'j Xerox 39 Kaiser 15I' 4 Zales K-Mart ZenithR nij (The foDowing quotations, supplied by Rotan Moste are ol particular local interest because of the nature of the organization or because ot holding! of operations in this area.) Am fnd FncI 147' 8 151,4 AmNtllnsCo 14 Anheuser Busch 40" 4 41 Anico Growth :...3.51 3.84 Anico Income 15.45 16.89 CentTelUt 30 CuJIenFrost 27'v 28 Falstaff 2" 2'i, Hornbeck 3'4 3 Metro Air 6 i 7 Mitch jgife NatlWLife SealFJeel 3', Stewart Inf 23'A 24 Stewart Slev 31'j pulling in several directions at once," Newton Zinder, E.F. Button vice president, said. "It is frustrating when you're trying to find a trend." The Dow Jones industrial average of 30 blue-chip stocks, a 7.23-point loser Wednesday, gained 1.81 points to 879.53 with the help of a late burst of buying. The New York Stock Exchange index rose 0.31 to 71.37 and the price of an average share increased 14 cents.

Standard Poor's 500-stock index jumped 0.70 to 123.12. Advances edged declines 736-726 among the 1,934 issues traded. Big Board volume totaled 47,230,000 shares, up from the 42,370,000 traded Wednesday. Reagan told a news conference he doubted the 1984 budget win be balanced, adding "the only proper way to balance the budget is through control of government spending and increasing prosperity and productivity for all." He said he could "promise the American people that we stick with our tax program (of cuts). I have no plans for increasing taxes in any way." The White House later said Reagan would not rule out all areas of increases.

The government reported November factory operating rates fell to 74.9 percent of capacity from 76.9 percent in October and 78.4 percent in September. November industrial production and mid-December car sales were down sharply. Composite volume of NYSE issues traded on all U.S. exchanges and over the counter at 4 p.m. EST totaled 53,074,100 shares compared with 48,581,300 traded Wednesday.

The American Stock Exchange index rose 0.90 to 318.87 and the price of a share adeed four cents. Declines topped advances 286-268 among the 808 issues traded. Volume totaled 4,940,000 shares compared with 4,440,000 Wednesday. The National Association of Securities Dealers's NASDAQ index of OTC stocks gained 0.61 to 195.70. On the trading floor, Gulf Oil was the most active NYSE-listed issue, up to 38 8 IBM was second on the active list, up 1 Vi- to 55 Exxon was the third most active issue, down 8 to 30 On the Amex, MetPath Laboratories was the most active issue, off 2 to 20 Numac Oil Gas followed off to Houston Oil Trust was third, up 'A to 20.

GM plans layoffs DETROIT (UPI) General Motors, hit by bulging inventories and slumping sales, Thursday announced the temporary post-Christmas layoffs of 37,500 workers at assembly plants across the country. The automaker announced 27,200 workers will be idled temporarily during the week of Jan. 4, the first week following the holiday shutdown, while 10,300 will be laid off the following week. GM's sales during the first 10 days of November were down 26.4 percent from depressed levels a year ago. So far this year, GM's sales are down 7.5 percent from 1980.

The company as of Dec. had a 77-day backlog of unsold cars. The industry considers a 60-day supply. ideal. The automaker has been building its supply of new mid-sized front-wheel drive A-car models, set to be formally introduced next month.

The production cuts basically reflect inventory bulges in small and mid- sized cars. GoodMorning! Have ANice Day! ONTARIO, Calif. (UPI) A suspected skyjacker arrested while hitchhiking near the Southern California airport where he allegedly hijacked an American Airlines jet to Cuba at gunpoint last year faced charges of air piracy Thursday. Gerald Marity, 37, was arrested Wednesday night after a police officer saw him standing in the middle of an Interstate 10 freeway entrance ramp just a few miles from Ontario International Airport. Marity was arraigned before U.S.

Magistrate Ronald Rose in Tustin, and was scheduled to Dec 21 a ring in Los An ele federal court Hoos said was not known how long Marity had been in the United States or how he entered the country. Police Officer Dan Fous said he stopped Maritv he W8S ing in the mi dle of "He (Marity) said he was hitchhiking going to see his girlfriend at the corner of Vineyard and Holt streets, "Fous said. But the officer did not believe Marity's story because the address given by the suspect was the location of Ontario International Airport. Fous said he asked for a warrant check on the man and was told there was a warrant out for Marity's arrest on suspicion of air piracy. The officer said he searched Marity and found a 10-inch butcher knife inside his coat.

Fous said Marity denied knowing anything about the warrant for his arrest. Marity was taken to San Bernardino County and held in lieu of $350,000 bail. The American Airlines Boeing 727 was commandeered April 9,1980 while its crew prepared to take on passengers at Ontario for a flight to Chicago and New York. Passengers had not yet boarded the jetliner Marity allegedly vaulted a fence and boarded'the plane, then pointed a .45 caliber pistol at the cockpit crew and ordered the pilot to fly to Cuba. After a refueling stop at Dallas-Fort Worth airport the plane continued its forced flight and landed later that same day at Jose Marti airport in Havana the crew returned to Ontario the same day.

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