Independent from Long Beach, California on March 24, 1976 · Page 30
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Independent from Long Beach, California · Page 30

Long Beach, California
Issue Date:
Wednesday, March 24, 1976
Page 30
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Lgny oeat.n, C a m . / m-o., American Stock Exchange Tuesday's Closing Prices . j*-i5BF.?i t 11 «i. Phoe^KSM - b e r t y F a D » fl iw · "/PkfiPiy.U . U J I A n n . J J 9 ? Wi- V t .P-onTe* » Mrf-yn,* .? « P i l D n , rvi'oy . I Qf 5 73 4' t -- ' ' n-e* « II 7(3 J I H ' I H . hxn ET» .. 73 IG'« · n la '· H W I'i IJ) i Tij t "i . . H I frH* H * n ?· "· j *)'· .. . .. t7 Terrov Ens M t - Terrst «a J 7; I L evacPt #1 Tir . H USRbR MA ·V Unliek .» Ur;:y BUY S UoivCig -M Univ ConTf Tuesday . :i Monday.. U L J' .We 4 v.-iiAT .10 ! 111 U Your Money's Worth Toxic substances put a premium on living By SYLVIA PORTER ITEM: In industrial South Baltimore, health officials have closed Swann Park -- where Al Kaline, Ron Swoboda and Reggie Jackson once hit the ball over the freight tracks and down toward the Patapacp River. The soil of the park, adjoining an Allied Chemical plant, is contaminated with Kepone, a toxic pesticide that, like DDT, decomposes very slowly into less harmful substances and builds up in living fatty tissues and the central nervous system. ITEM: In Hopcwell, Va., the Life Science Product Co.'s plant was closed last July because of the effects of Kepone on' employes. Later, parts of the James River were closed to fishing; the water had been contaminated with Kepone from the HopeweU plant. ITEM: Fishing has just been banned in the Hudson River. Bass found in the Hudson -- and later to range.the Atlantic Ocean from Delaware to Maine -were contaminated with PCB, a highly toxic vinyl chloride, originating at General Electric plants upriver. ITEM: Dangerously high levels of arsenic also were reported recently in the soil of the R. II. Bogle Chemical Co. in Alexandria, Va., just across the I'olomac River from Washington, D.C. Officials ordered the site fenced. A filtering system was being installed to prevent arsenic particles from entering the river in rainwater runoff, when' high 'mercury contamination also was discovered. In communities across the land, startling and frightening incidents such as these are taking place. And while federal, state and local officials are more aggressive than ever before in uncovering hazardous- conditions and acting to eliminate them, new chemicals are constantly emerging from the nation's laboratories to create new dangers and damages to living people and lo the genes they will pass on to generations unborn. Yet, for more than five years, a bill that would require Industry to test possibly hazardous chemicals before they are placed on the market has been before Congress -- and twice the bill has come close to being enacted. UNED UP against the measure, though, have been the chemical companies which object strongly to the additional costs ot this testing. These costs, they insist, would have to be passed on to us in the form of higher prices For products we buy -- a potent argu- ment indeed during the galloping Inflation years of the 1970s. But lined up in favor of the legislation (called (lie Toxic Substances Control Act) are concerned organizations such as environmental, consumer, labor groups; heajth-oriented associations, such as the Blue Cross Assn., American Lung Assn., March of Dimes; and new support for the bill is mounting as newspaper headlines report the horror tales about chemical threats lo life. For while the costs and burdens of prc-testing cannot be downgraded, neither can the costs and tragic suffering resulting from chemical contamination. From 6fl to 90 per cent of all cancers are linked to exposure to chemical and other man-produced environmental factors. Even now, cancer costs the U.S. over $15 billion annually. Of the more than 200,000 infants born with physical or mental damage each year, about 40,000 (20 per cent) are suffering from defects attributed to drugs, radiation and chemicals. The lifetime medical bills of these children alone will be staggering. Then add to this the costs for treatment of the 25 per cent of our population who will develop some form.of cancer. i THE TOXIC Substances Control Act is designed to get at the heart of our chemical contamination problem via pre-testing and sdlfer regulation of production, marketing, use or disposal of hazardous chemicals. There also are incentives in the proposed law for companies (o seek out safely hazards in chemicals,.lo develop safer products and to find cheaper testing methods. There even may be savings to the companies to help balance the costs of testing. Several paper companies have found that pressures to cut down on water pollution and eliminate odors have led lo new technologies which also save millions annually in water, chemical and energy costs. The Senate Commerce Committee has approved S-3149 -- and the toxic substances bill is heading for a vote before the entire Senate. As Blue Cross President Waller J. McNerney says: "Our health system should not be just a repair program. If we ignore the damage to health caused by environmental and occupational factors, the major . thrust of our health programs will be only to continue to repair the damage these factors do to human machinery." DOW-JONES AVERAGES NEW YOKK -- Dow Jones closing stock averages: KevVInd .30 S I) I ..IpfltocQ *V' / S t't iSMShn cr '· ' Yiildrwtwl .. tj J 1 1 i ' V P a l r V P Ri1 S ? 3 7 1 l ' » i J * J'* w y r lo *' ' 'x. KinAiixCni 10 6 l'i [POCTTij Ka K 1 frH -- 'i !*'·*' *"P " i / K 4 · 'I li-li -I- 1 ID 7fi- ] ' · _ , ' 1975 High ,!;. ,J 1975 !xW . · ' ' 107-1 High .30 Indus. 20Transp. 15 Utils. 995.43 M3.14 208.24 H.57 87.14 4- .16 2.44 20G.67 + .32 86.98 + .13 211.51 91.90 174.12 . 87.07 146.47 72.02 202.45 95.09 STANDARD POOR NEW YORK - Slandard Poor's closing stock indexes (1011-13 average equals 10): . . . 982.20 .. 1000.31 ... 881.81 . . . 632.01 ... 891.66 Tuesday .. Monday... 1975 High . 1975 Low.. 425 Ind us. . 115.15 . 113.31 . 107.40 .. 77.71 15 Rails 44.82 44.56 40.18 34.02 60 Utils. 500 Stocks 45.61 102.24 45.44 100.71 45.61 95.61 35.31 70.04 Dow poised to crack 1,000 Grain market 111 50 1O 10 IJ070 HI AJ - - - 1 O C 0 1 U M ICED BROILERS lil.W Ibsl r l!« 4J.1I fl.W 4)10 y 40 5J 40 7S «» 4055 10 AS i 40 M 41 M UI3 408C « 70 OtO U / 5 K M 40.U 4CU 3V li »« K M »« *M »« » » S.« » 0 1 / M MM 17K 17.« J/.90; SILVER »«0 tror II) r . 414 X l'!JO 411 (0411 X 4-1 Hi 50 (21 CO IUSO ill.D 417 Y -- - -- 430004'vS 411 » 435 » li;?0 431 OC 01 07o) icjxusoo «« i 141 SO 18.93 "1 00 445.00 U4 X ! tflOO 4S400 4IJ03 451 00 iSCSfl ' 45500«).004S)0)4SI.OOJ5i.OC 1 «1 »«60)45)»4i)»tf!3t Grain CHICAGO M«) - Wval Ho J wtl rrt IJ in Twsdiy. 4o ? Iwd vu'rlcr 7C?n Corn No 1 Ytflott IU^7}^A ah W; ] **lra hwv w»ii»e 1.63^1 Soy;ins Ho I ««o» Ul-.w. N j J ye'ow cwn A'crrfjy traced «'. (h;) 1/Jl! (howl. PUB1.IC NOTICE CHICAGO [AP) _ Fami on rt* O'cijo Boa/tf of Tuesrtjy. M was 3 Veadr (ftline far ma'-t from BTC If/nt of IhC bell, wtK.i comm'is ton nous* sdl'og prow on tif skkh. TI* 1 heavy cor OVER THE COUNTER Tuesday's Quotations ifttul* krd ho" Al ITv c*o». whrd 0.11*1 k~»f. Wjy Trad* ii We CHICAGO (API -r- Future* n-jd 1^9 (XI rtv Chicago Board ol Tra* Tuesday: Cwi H«fe Low ChM Pnv WHEAT (IJM bul ; S.ll'l S l t (wore i It 70 U 7J 16 45 14 *S U KM IJ» 11 ii laM 71 1103 I I . ·« U.'O I I . t j 17.15 1J95 II » 17.» SOYBEAN ME«L (IB ton) in so inso iMnj IH » in . I f c M 1».*0 I1SH 1WJC ISM U M IJ.'M !);» IJJ.M Exchange E. F. Hottx t c« , am o Mirihl], 1114 Avro Convrun Oc G fc 0 $0 Ptl Win n Per j GrfAl L a V « Chcrl Holly AUgr'Un Pel Ptl Silrtr Otf lar W-n ce OJ l Pfl a O i G Wcilitn Pd (w-i a 7i i v i 5 ? - ' , ] . 7.7 40.000 2.01J.3M SmiCT, OV TRl'STliK'SSALK n l^til 11 !?; .1) LO « A V . ! THOMAS E RECKS. ESQ . a .luiy ap : s'jb^UfJlfd Tru::ff andfr an-! j unl to IWd cf Ttu't ^pten'.Vr i*.' aaJ reiMrdrd Ovlotn-r S, 1365. -i I N'.i W in Kx:k Tk'U. pj^e 9U. of j Xf'.fu! RrnM-iis in tbe elfic* of ihf Co'ja-1 y Hn-ordfr f( l« Ar-grin I'ounly. Su!e . %( CaUoma. V I I . L S:i.l. AT Pfltl.IC tT.ON TO HlfillFST niDTiKK FOR psaMe il tirif of «J!P in la«f-t! ·Mivy of th*r VniU'd S:aLr\' 31 cul'Xi* t.«rj fr-lrjrwr lo *nV W J j h i r r BouV-j *\t .Tfcl ind'T^it coniTfjCil to Jfld nov* nM li H unrfcr ui-1 HiXii oi Trim in (ho ir^fyily 5i!uitfH J. sjtd Tojnly irvi ii-nt-cd .n 2 m H!cck 1 rf Strjjs .i»1 11. 16 of To»n ol U P ^ R^a·^. i n iSo I'll) ff U H R I W j i - h . a* T^-r IJirfiH-s Rrcuni* i n the olfiff rt( cf *jfcl county itfixl j-lilrrsj a1 M h r r coir.nvn ik'R. J a n j . ol ie rraJ protxrt) NEW YORK ( A P ) - O i l and drug issues paced a sharp rally in the stock m a r k e t T u e s d a y t h a t carried t h e Row Jones industrial average b a c k within striking distance of the 1,000 mark. The Dow average of 30 blue chips, which hil 1,000 briefly the week before last, climbed 13.14 lo 905.-13. G a i n e r s outnumbered losers by about a 5-3 margin in the daily tally of N e w Y o r k Stock Exchange-listed issues. Big Board volume stepped up lo 22.45 million shares from 19.41 million Monday. Nationwide turnover in N Y S E - l i s t e d i s s u e s , including trades in t h o s e slocks on r e g i o n a l exchanges and in the over- the-counter market, came lo 26.76 million shares as of the close in New York. Analysts said a drop in Treasury-bill yields late Monday and a decline in bond-market yields had eased investors' concern over the interest-rate outlook. They also noted Wall Street p r o j e c t i o n s of belter-than-oxpected gains in capital spending this year. SOME B R O K E R S in addition mentioned buying by investing institutions preparing their portfolios for first-quarter reports. The quarter ends next week. Bui the chief topic of conversation in the financial community was the strong showing by drug and international-oil issues during the session. Both groups have been largely neglected in the market's sharp rise so far this year. Analysts lh«orized that money managers who had r e c e n t l y t a k e n some profits in the basic-industry issues like steels and papers w e r e reinvesting those fluids in the drugs and oils in the belief that they were priced at bargain levels. The oil stocks also bene- f i t e d f r o m expectations that the industry will show a good-sized u p t u r n in earnings for the first quarter. GULF OIL, Texaco, Standard Oil of California and Royal Dutch Petroleum all made the active list, posting gains ranging from a fraction to nearly 2 points. E x x o n , M o b i l a n d Standard Oil of Indiana each rose a point or more. Leading the Pharmaceuticals was G.D. Searle, the day's most active issue and also the best percentage gainer with a 2-point rise. A Searle subsidiary announced formation of a division to introduce an advanced body-scanner system. B i g - n a m e g l a m o u r stocks like IBM, Digital Equipment and Eastman Kodak also registered solid gains. Standard t Poor's 500- stock index picked up 1.53 to 102.24, and the NYSE's composite index added .74 to 54.55. At the American Stock Exchange, the m a r k e t value index was up .56 at 103.88. ACTIVE VEUELS 1H PORT i - V wd] h* mid TTiW*. ptranpal i-JO of tho aotf iC.-LrfiJ bj- laid i?tfre.d LVrcoit. j n prov^eJ '.Ji »a4 Sarcf* il j?.). unJi-r IN' KTT.I TVcd if Trist. fe*». c h a r ^ f i an-l :h* Mi^titLtrvJ Trustee a^-1 IK* (ta^'j f t f a f r d ty «ad EV*d ot rriiird and .Miv J » t i i f f n IVclirj:wa IVaiinr! (or Salf. and i ien S'o'-i,-.- .if IVfjcIt a1 F.leclton to ' o-.J ^ Svll ^ , . riwrly is lof J'fd \\3-.f March 12. 1*"* THOMAS t K E E K ? . THOS K R E E K S h IP,!-VI M-iJ s 'or J ? i . S F ^ ?*. 3 15 £1 . H.«'.-v L11 vvwj: P - VESSELS CHJETOOAY rrwn OPCT rof 0'VL.vxJ !^-r« V:r Citrus Market LOS ANGELES [API [FSMN) - Ci'/viiWces steady and ^ncharxxd. Sunkiil /ppoMs rfpreienlalive orange a*JCi«n prkei by size an SunkliF F : nt"Gr*i tls S03, Sli SO*. 7h4.*S. «s^.»7. MJsJ.H. SALES PUBLIC NOTICE NOTICE OF HEARING (IF PtrriTION FOR PROBATVE r UA SIM) Cori Trucks All Moke? MocWs Foreiyi Domed* SERVICE /O* /WfOKMATION CALL Frank Tammen AERO MOTORS Supnor Court o* Calircroij. County EMal/ of MATHILDA P. FRANZ- MASNilu MATHILDA PRA.VZMA.VN Notice it t*rrby etvrn that Klsic Mor mm h a i f d r d a prttlloa (or: Pro6aw uili aad for letter* tei Fame M a r y , A Ihcruaboa to admineitrr under Ind f^-nrtfnl Ad mmi i (ration of F.ta1« Ael- A txarin| en the ahon pflilioi is i ir April 5. 1T6 at 9 *) * m in Deft B rtora No O. Sooth Dutr-t C»«t. 4 :. 0ean RUd . loo.? Beach. RHer 'la^cd M a r f h II. I9r« CLARENCE E CABEU.. County Or* B y C DOLTJL..VS. Dfpulj ^ ( X r k e t - T r l S a J l t T a i . Mar NOTICE TO 8FDDERS .«: B*ach UnifjH Scho^ I ^yrchiMif DtMiion. Room '. tdmiaisl/atioa BwHiac. 701 lynrKil Ave i" 1 TM' V a r h l l . l9:Vlor c( th* . hrd /ClfB-Ua« o* EDP On- play Station * ?rn',ti prcifxilKKU IDT] W ffcnr.s cnajr tr jfd la tb offw o/ LV Pordi ShX) LON'G BEACH VNIHED SCHOOL DKTTIICT By. U A R T E WELLS. Aimlir.f ScrrUr- Kit !·.«. 1 W W L 8 I _ _ SAKE STATF.HF.NT :naos Mlovnp p*rnw5* irt dome t . . J P K-nwr. JT , «« Mooravia. Uc r»ch.C.Jl:t Th:$ buscxj* a condxlH i m . r r l pan.vnhtp J P KTN7ER. J Tius n a t f t r . f R i » a » [tied »; PUBLIC NOTICE n;a S'OTICF, OF TRl'STFK'S SALE N«. D [(Ml On April 13, l^, a1 J i M «'c!ock U , al Ihf Sphnij Street enuintf of the lall ot Juslirr in IAS Argekt. Califor- SBccRrrv PACIFIC SATTOS =1ANK. at duly appomltd truJtf* uoifr tf4 of tnat da!fd Qtiobtt II, 1973 tna^f by Rara'jet A Cilvin and B*% *alvin rtcordH on N o v t m t x r I, ]]. xok 1^22. pace W of Olfx-ial Rrcof^ n ih cHke « l»V Oi-jnty Recorder tA *;· Anntk-i Count) California, by t vtn of d^ fad 11* (to payntr.! or prrfir f oblixa'tor.^ wturwl ibcreby. f of EVFaolt l ad Ekctkia U 5-31 at priced for by b* ind more d e b^N«t bi-Wrr (or caib. payable in ·fjj mowy of ihe Uajted SUiei r r n r * at tune ol »»!*. »nhoJt c w f - rj nr · a r r a a f y eiprrunj or iaipl e u!entl conreyrd to a^l now Md by t Livier aid deed of tmil. in aix! (A ihr iropeny IK LAI Aftieki Co»i:y. Sute of 'afiforiia.Heirnl'ed 11 TV Weiwrly n !ee( ot Lt\ IS. B1o* C in TTK^ 5TQ. rea«ureJ alonij tV (oithrrlt IUM thereof, ai per nxap ^iM a Uw office ·* the Recorder ,W *a« row.'.y. The iu«l ttldrru jad oiber ronno: k«ijCnattoo. ./'any. of the real propert; ieicr.bH abort B purported lo bf IV foraa The unde n i p»ed Trustee ifudiirr.i i IT liability For a n y toforrrctneti of £* ttrttt xMrrn and other coamoa ilti:{- d tay, tSovabfre-j. t «te «d] N- =:*V lo pay l^-r r( all «rtt*. !e*f aod etper^et of larl of -.he trj*t c r r a M by uH tnjit. all iu.T,t cxpeoded trims of tad deij of trvt. a-M fe-s ,, i4. and P.V-i TS r t m a n u r j pnrr:?il of At MU svecwtd Vy uri 3e«J ^ tr-jst. lECerest from Drrenit*; I, 1?II at a. laid Ante proivfej SECT'RiTY PACIFIC NATIONAL BANK. a i Trui'^e K L E V I S V HcVULLCN f . f i l t i t a v O f l x e r i Mar 17 H 31. J ^ - H . I.Pt

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