Star Tribune from Minneapolis, Minnesota • Page 6

Minneapolis UlULQyulflg)MTO 1 n-n ni tm iin. ti. Sylvia Porter Metromedia plans to buy WTCN-TV for $19.7 million 7 i i I 4 i imiiiMi iiiiii- 1 -r HVi; x. vv 4 i i Dow declines 10.59 to lowest since January Wh. st.ekt oi4 Thurcy'doy range, but it never devel- Advoncti 233 323 Oped.

Declina, 1232 1(M0 Unchonoad 206 293 Tool i67i i656 Yesterdays sell off 1971 il no brought the Dow index to its lowest close since Tribune Wire Services the 860.63 of Jan. 27 and exacted a terrible toll on New York, N.Y. market statistics. Stock prices, dropping steadily for the last three United States Steel, which sessions, plunged through surprised Wall Street this support levels Thursday week by cutting its divi- to reach its lowest point dend, sold at its poorest since January. price in 17 years.

After trading as low as 28 the The Dow Jones industrial issue ended at 2Sy2 with averages plummeted 10.59 a loss of 14 points, points to 861.42. This brought the cumulative American Telephone three-day loss with rally Telegraph, which had been attempts notably absent holding steady at its 1971 to 27.45 points. low of 44, finally broke below that price when Wall Street analysts 1,200 shares crossed the blamed the current weak- tape at 43. The nation's ness, which surfaced this most widely-owned stock week with alarming speed, ended at 43. to an array of drab economic news ranging from Volume on the Big Board the June decline in lead- picked up modestly, rising economic indicators ing to 14.57 million shares to the widening impact of from the previous 13.94 the rail strike as well as million shares, a fresh psychological shock.

The American Stock Exchange price index fell Rumors of a rift between 0.28 to 24.72. Of the President Nixon and Ar- 1,123 stocks traded, 130 thur F. Burns, chairman advanced and 790 de- of the Federal Reserve clined. Volume totaled Board, sent shock waves 3.87 million shares, up yesterday through the fi- from 3.03 million shares nancial community where Wednesday. Burns is highly respected.

Closing Amex prices in- "We had a liquidity crisis eluded volume leader, last summer," lamented Loew's Corp. warrants, one broker. "Right now off to 25; General we've got a crisis of con- Cinema, down 3 to 55 lA; fidence in the White Topper, off 1 to 16; House." STP, off to 35YS; a Syntex, up to 61.. Selling pressure pierced support levels easily. Corporate bonds were Chartists had envisaged mixed, and governments some emergence of buying were higher, demand, in the lower 870s By Irv Letofsky Staff Writer WTCN-TV is being sold for $19.7 million to Metromedia, New York, N.Y, one of the nation's largest and most aggressive broadcast groups, it was announced Thursday in Minneapolis.

The sale of the Twin Cities independent station awaits the approval of the Federal Communications Commission, a process that might take up to a year, officials estimated. The sale agreement was announced jointly by Metromedia and Chris-Craf Industries which bought the station in 1964 from Time-Life Broadcasting, for $3.9 million. Officials for both companies said that they do not anticipate any immediate changes in pesonnel or programming. Robert Fransen, WTCN-TV general manager, was in Montana on a vacation and could not be reached for comment. A Chris-Craft official in New York said that the company would retain its ownership of KPTV-TV in Portland, and KCOP-TV in Los Angeles, Calif.

"But we are in negotiations for a very large station and, frankly, we need the cash." he said. "We're sorry to sell it. We did a lot for them and it did a lot for us. It was a loser when we bought it." The sale also includes Miss Universe measuring 91-61-91? Her escort a handsome 1.83 meters tall? The two of them hesitating to taste a celebration cake because it includes a mere 15 grams of butter? Yes, we're going metric. The National Bureau of Standards of the Department of Commerce has reached the long-awaited decision to recommend nationwide conversion from our present incredibly tangled system of weights and measures to the incredibly simple metric system now in use in virtually all the major nations of the globe and Commerce Secretary Maurice Stans has asked congressional approval.

The decision is the result of a study authorized in 1968 under which thousands of corporations, educators, government agencies and consumers were canvassed on their attitudes toward the switchover. Overwhelmingly, they favored the conversion. It's a certainty we will go metric although Congress must vote when we'll convert and how we'll pay for it. It's a certainty, too, that the switch will be coordinated by the federal government, for conversion costs, in terms of retooling, redesigning and repackaging, have been estimated at from $10 billion to $100 billion. Particularly hard hit will be small businesses, the machine tool industry, manufacturers of screws and fasteners, industries which will have to repackage and reprice tens of thousands of items.

It defies belief, but the United States, which prides itself on being the industrial leader of the world, has been until now the only great industrial nation not converting to the metric system. But we are going metric and one towering reason why is that the cost of not converting is getting too steep. We're losing an estimated $10 to 20 billion a year in exports simply because of our clumsy, unfamiliar weights and measures. Countless millions are being wasted on scientists and technicians who must make endless conversions back and forth between the two systems. Countless more millions are being lost in expensive and time-consuming errors inherent in the conversions.

In contrast, there are only three basic metric units: The gram for weight, the liter for volume, the meter for length. Everything is divided into units of 10, 100 and 1,000. The prefix "milli" means one 1000th. The prefix "centi" means onelOOth. The prefix "deci" means onelOth.

The prefix "kilo" means 1,000. There are 1,000 grams in a kilogram (2.2 pounds): 1,000 meters in a kilometer (little more than a half mile); 1,000 liters in a kiloliter (a liter is a little more than a quart). A centimeter is onelOOth of a meter (a meter is a little longer than a yard). A millimeter is onelOOOth of a meter. And that's it.

You can learn the whole system in an hour. (P.S. Her measurements are 36-24-36; his height is six feet; they won't eat that cake with a tablespoon of property on the southwest corner of the intersection of Boone Av. N. and Hwy.

55 in Golden Valley, where the station had planned to build a new broadcasting studios. It was the first station purchase for Metromedia in several years. The diversified company also owns WNEW-TV in New York, KTTV-TV in Los Angeles, KMBC-TV in Kansas City, and WTTG-TV in Washington, D.C., the latter probably the top-rated independent station in the country. In addition, Metromedia owns the Ice Capades, Playbill Magazine, a dozen AM and FM radio stations and other firms dealing in record albums, billboard and transit advertising, radio and TV time sales and TV production. Its Metromedia Producers Corp.

produces the Jacques Costeau TV specials for the American Broadcasting Co. (ABC), the new "Primus" underwater adventure series that has been placed on KSTP-TV through a syndication subsidiary, and TV films for both ABC and the Columbia Broadcasting System. The transaction involves $18 million cash for all the issued and outstanding stock in WTCN Television a wholly owned subsidiary of Chris-Craft, plus $1.7 million to pay WTCN's outstanding indebtedness to Chris-Craft. In turn, Chris-Craft said it would apply the net proceeds to pay off $14.5 million to senior debt holders, mostly insurance companies. In effect it would be paying off the corporate debts before they're due, thereby saving $1 million in interest payments.

Staff Photo by Earl Seubert NSP tests new water cooler Nels S. Hanssen, left, project director for Cherne Industrial, Edina, watched a test of one of his company's floating air-rotor water cooling devices with Les Weber, director of research for Northern States Power Co. (NSP). Nine months of testing began Thursday at NSP's Allen S. King Plant in Bayport.

The rotor is designed to reduce thermal pollution the heating of natural bodies of water by the discharge from electrical plants. Each unit consists of a floating platform carrying 15 plastic discs that spin at 538 rpm, throwing water into the air to cool it. A merican Stock Exchange table Piper, Jaffray Hopwood's stock approved by SEC for public sale Sale, Net 1100)) High low Close Chg. Emery In. 30 20 137, 127.

127, fcmp rm.Wt 10 14 137. 14 4- V. fcnironinc I 3 i'lt 3V, tpko5hoe.64 2 197. 1VV. IV1, tquitLpule 53 4, 47, 47, tguity pt2 ZIUO 68, 687, 687.

2 fcquity t-dwt lb 25'. 247, 24-, 4- V. EguilyNatln 34 9 87. 9 4- V. fcrnst ECA 3 5 5 5 brolnd 4 4 47.

4 7, fcigrolnc I 11 7, 1 1 11 7, tioeyMtg 4 5 5 5 fciquireRad 22 157, 157. 157. 'l. texChem 18 4v, 47', cis-riokmCp 2 27. 27, 27.

Executne.24 20 II'. 1 1 Sale. 1 1 00s) High low Clow AbrdnMf.40 Abrdn P.I2f AcmeHomil AcmePrec Actionlnd AdomsRulsl Admirallntl A4E PlalP Aerodixlnc Atro Flo. 30 Asrolst.SOa Aeroncalnc 2 4 1 2 5 27. 95 21 13 12V.

7 b'U 37, 27, 27. 20 5 12 27, 20V, 5 12 86a4 6a 4 1 3Yi 2212V, 16 18V, 27 67, 4 5'. 37. 37, 11V, 17', 67, 57. I IV.

17 V. 5V. Arool.lOt Nl Cho. Sales Net 1 100s) High low Close Chg. 19 5 5 5 V.

37 127. 11 11-'. 8 37' 36 36 -V. 13 23V, 237. 237.

2 8 8V, 8 V. 33 10 107. 10'. V. 34 33V.

37, 337.29V. 15 5 5 5 3 137. 137. 137. 16 87, 6 87, 6 7 7 7 V.

80 25 227, 22 -3 19 3 3V, 3V, 74 12 127. 12 238 33 31V, 31 IV. 22 23 23 237, V. 5 5 4 4', 15 6 67, 67, 4- V. 13 26 257.

257, -17. 33 32 32 327. 7, 19 77, 7 7 2 49 49 49 4- 14 9 8 87. 2 2 2 2 5 397, 397, 39 7. 14 17, 1 IV, V.

30 38 38 27 32V. 327, 327. V. 2 337, 33', 337, 4- 7. 16 50V, 487.

48V, 27. 3 127. 127, 127. 7, 40 177, 177, 177, 49 287. 27 27 IV, 113 41V, 39 39 2 23 15 14 14- 3 33 33 33 Vi 330 34 32 32 IV.

1 49 49 49 17. 2 497, 48 48 17, 146 45V, 44 44 17. 26 11 10 11 V. 12 14 137, 137, 61 16 15 15 1 18 8 8 8 50 407. 39 39 V.

7 527, 51', 51', -IV. Sale, Net 1100, IHigh low Goie Chg. BarwickET 4 67, 6 6 BBIInc 35 2 2 2 Beco Indl 4 20V. 20 20V, BehavioHRL 15 7 7 7 BehringCorp 20 10 107, 10 4- BellElectrn 23 47, 47, 4 20 8 7 7 1 BenS Mg.90g 24 19 187, 197, Ben StMgwt 22 4 4V, 47, Benru.Coro 16 12V, 12 BergBrun.24 34 12 117, Berg Bofl.15 10 23 22 22 V. BerteaCorP 9 5 5 BervenCorpt 28 26 257, 25V, Beth Cp.78f 30 97.

7 7 1 BeverlvEnt 90 12 12 V. Big 08 46 31 30 31 BmneyS.80 1 26 26 26 V. BioDynam 14 197. 18 18 -1 Bluebifdlne 94 6 6 6 4- V. Bluebirdwt 91 37, 2 3 4- V.

BohackCorp 17 19 18 18V. BoltBeronek 1 57, 57. 57, V. BootheComp 74 16 167. Botanvlnd 23 47, 47, 4 Bowmarln, I 3 3 3 Bowne Co.16 13 1BV, 187, 187, Bovy Vail.

10 40 28 27 277, Bovy Vyfn.10 4 25V, 25V, 25', BrodRogan 28 217, 20V, 207, 17, BradtComSy 66 26 25', 24 Branch ln.50 10 14 14 14 7, BromfAirwf 25 13V, 12 13 BrnfAirA.2lt 159 107, 97, 9 BralcanLtlb 140 19 18 19 V. Broun En.32 2 20 19 19 7. Breeie.59f 4 11 11 11 BroDortlnd 14 47, 47, 47, Brown Cowt 6 2 2 2 BwnF B.40b 302 29 29 BrownFof.40 5 5 5', 57, 7. BruceRooert 5 117, II 11 BTMtal.25g 18 387, 37 377, BTBCoro 55 27, 2 27. BTUEno.07p 10 8', 87, 8 BuehlerCo 1 3 3 3 Bueil Ind.l5r 6 12 11 11 Bundy Corpl 41 287, 28 287, 4-7, Burqes.lnd 5 4 4 4 Burn, Intl60 23 287, 28 28 Burr P.05g 4 3 3 3 ButlerAvot 48 6', 67, 67, Butte, GiOil 79 12 127, 127, 7.

57. V. 11V, 7V, 4- V. V. 7.

8 V. 4', 11 V. 8 V. 1V. V.

7. iV, V. 57,.... 21''. -Vi 67, V.

H'. 7. 7. IV, V. 21 7.

7. 41 7. 7. 20V, V. 3', ll'i 6V.

V.Q 4V, V. 47, By Jim Fuller Staff Writer Piper, Jaffray Hopwood, I Minneapolis, has joined the small but growing number of publicly held securities brokerage firms. The company received approval from the Securities and Exchange Commission late Thursday to release 300,000 common shares to public purchasers at $19 per share. Robert A. McCraney, head of the firm's trading operation, said the stock was expected to start trading today.

Gold, silver in demand in Europe AerovoxCp Affil CaoCp Affll Caot Affil AIC Phtt.25f Aikenlnd AirborneFrt 20 5.y 57. io iiy, liy, 34 7 V. 7 1 5 V. 87. 8 ui 8 25 19V.

2V. 6V, iiy. 207, 417. 20V. 37.

IIY, 8 4V. 4', 157, 507, 47, 11 11V, 325 Airwick 32 8 Aiox Mo 30g 14 AlnWoodl.60 2 AloikaAirl 11 Aiba Wol.24 Atdonlnd 4 25'. 20 257. 77. 57, All Amerind AllaghyAirl AheghAirlwt AlleghyCowt All.n El 87f Alliance TQR AlliancTRwi AHiedArt AlliedContrl AM, ion Alobalnd AltamiICo 80 227.

0 7, 49 11 2 67, 38 10 49 72 2 41', 4 21 8 3 16 117, 3 8V, 12 5 4', Alter Fd.50 110 157, 15V, 51 Alcoa ntJ.5 ziua 31 AlumSpee-44 I 10'. 107. 107, Amcolnd 120 ZIV. Zl A 8253 15V. 157, 157.

14 V. AmAgronom Am 8illrt.30 A BkStro.21f AmBidaM24 11 15 3 8 5 4-7. 14 l' 32 7, 23', 18 187, 26 6 4 13V, 13 27 22 9 9 57. 26 187, 24 27. 12 7 2 6 37, 59 327, 2 14 25V, 27, 8 24 18 21 4 2 rr, 27, 19 4 7, 327, 237, 18, 187, 26', 6 13 '37, 277, 237, 37, 9V, 9 26 18V, 257, 7 17 2 67, 3', 29, 337, 2 14 Ki.

47 87, 24 19 12 21 24 2' 5 4- 4- 31 347, ACenM1.62a 136 24 Am Finl.lO AmFinpfl.50 A Fltchl.24g Am FHchwt A A MaizeA.33 A MoneB.33 18 18 I 187, 10 267, 60 6 7. 14 4', 7 14 AmMotlnn, 27V. AmPetrf.55g 353 237. AmPreci.n 2 A RltvTr.55g 13 AmSatEauip 29 9'. 97, 57, AmTechllf 21 Ame.DepStf AmrepCoro Angelica.

18 Anglo Loutro AntuICo Antbonylno AO Indw.t Applied Data ApolieaDev Aau'tomLtd Arc'icEnt Arnunc 29 267. 356 197, 137 257, 28 27. I 12 67 104 JV, 25 67. 15 75 29 273 34 9 2 2 14' A'b Bel' 30 8 26 30 128 ArrowEect 33 Arundel 30 25 AwmeroOtl 362 19V, O'ICan A5PR0 25b A.KtBoby 60 20 Ml 80g AProd .40 A.l'e.lnc AtolantaCp AlcoCHem AlicoM95 22 12 3 87. 12 22 6 4 24 24 7, Vt.

12 10 31 HampshDet Hampt Sh.32 Harland.l5g Harnischfrl HartAlfrd.40 HarttldZody Harvardlna HarveyGrp Harvey St.24 Hastinqs.20a HeqlthM.60 Hecks Inc. 08 Heinickelnst Heitm M.22q HeienaRu.76 Her Mai.36a HiGInc HiShear.20p Hiqbie Mf 80 Hillnbrd.60g Hilhavn.04p Hilton Hotwt Hipotronic. Hofmlndust Holhnqil.oO HollvCorp Holophl.20a HomeO A. 50 HomeO 50 Hormell.50 HornHardrt Hoskins.BOa HospitalAHil House Fabric House HubbellAl HubbellBl HubbpfBI.75 HubbpfA1.75 HudB OG.50 HudsonLeas Huffman. 30p Husky Oil.

15 Hydrometl HyqradFood HyqrdFd pf4 l-J-K IdealToylf IHCInc HlulWorEnc IMCMagnet ImpChfn.lSq lmprlOil.50a Indian Hdwt InexcoOil InflightPict InstronCorp tnstrumSyi IntControl, Int Cont Awl IntFood.vc InFunerolSv lntGenln.60a Int Prot I Ob IntStretch Inlerphoto InterstateUn Intersyitm InvDiv A I 80 InvDivB 45 Invt Fdg 60b Invt Roy. 14a Iroquotslnd Irv.nlndust IS7nd ItelC o'O ITlCorp Jociyn lrg uucot.tE nq Jemneit' Jet'ersnM', JerynLorp Jetromclnd John Pd 2g JSfndustr.e, JupiterCo kn wr In J7f kaivex ef knne Millwt KonebSve 80 auf Brdwt lnyjwly Kenton 32 Kenw.nSh 32 Ketchum 30 ewanee 90 KeyCa Kilemb 15g k-n ArkCorp ingRna.o mg.ford '6 60 nny p(C kirhy Ind 3c rtM'g eerVutnd Ki.Hr-k SO Hot AO otlmrgn 40 kywr od 40 169 267, 267, 267, 5 37, 37, 37, 1 5V, 5 5- 3 57, 5 57, 4- 1 7 9-167 9-14 7 9-16 240 267. 25 25V, 13 127, 12 12 111 87, 7 7V. 51 5 4 5 V. 10 10 10 10 81 7 7V, 7V, 203 7 7 20 37, 2 2', -V, 44 21 50', 20 7 10 107, 15 13 127, 17:, 11 167, 16 16 46 14 13 14 3 7 77.

20 8 87, 87, 6 207, 20 70 30 43', 41 42 27, 56 10 10 7. 16 10 107, 7 TI, 7 V. 79 20 19 19 2 6 6 6 V. 4 5 5 7. 67 12 117, 11 13 3 7.

3 3 7. 4- 25 7 13 14 43 24 26 76 49 777, 25 I'', 15 IIV, 117, 31 4 4 7 3 IV, 37, 7, 17 187, 18 18 -1 10 6 6 4 725 11V, 107, 10 128 47, 4 47, 9 7 7 7 17 35 34 34 109 39', 38V, 38 IV, 3 3 3 90 147, 13 13 177, 127, 17 11 11 18 35', 34 3 33 II 10 51 2 V. 27. 77. '8 107.

10 107, J. 3 79 29, 297, 4- 154 10', 9 9 in i ff fir, 57 10 9 9 -1 8 87, IV, 7 25 7 25 .1 12 11 1i 14 IT, 19 19 197, 7 14 15 15 i 33 7 57. 37, 1 nVfl.r 14 30 v. 14 1 IflO vf lO'rtrm 7 7 11 4 4V. 4 Most active Thuraday Volume 92,300 Loew, Wti 84,500 Syntex 67,000 TWA Wt.

stocks Clete Change 25 61 4- 13 25 1 6 35 3 4- V. 64,200 Champ Heme 52,300 Nat Cn Nw Wt 50 600 JTP 41 ,900 Cont Material, 36,800 G.nl Cinema 36.400 Gulf Wt 36,200 A.amera Oil S5 3 8 19 AS! CLOSING INDEX 524.72 0.28 Soles II 00s! Net Close Chg. 137, I 2'. -V. 4 7, 3 V.

10 4- 2 7 13 V. 4- 7, 107, 4 7. 4- 7V. 7. 6 1 7.

7, 137. 7 107, 7, 37, 4- 12 11 -7. 15 13 I 17 -17, 28 -4- 7, 7 227. 7, 227, 9V, 57. 23 57.

36 -7. 8 13 -1 6 36 27, 34 1', High low 14 127. ComorehDe, 13 CompuOvne ComputEa Computlnstr Computlnvst Como M.20e Computes! Conchemco ConcordFab ConaecCorp ConnllyCon Conn rex. 30b Conroylnc Con CdnFor ConDenS.05g Con OG1.I21 ConRefinq ConihDes.40 ContMarer Cont Telwt Cook Elec.30 Cooklnd CookPtV.15g CooDerJorrt Corelob, Corrn Blk.72 Cosmodyne 56 22 7 15 1 27 23 1 10 I 4 15 92 16 97 II 14 419 61 10 25 5 28 18 I 36 2 V. 2.

4 3 9''. 27, n7'l? 107, 4 77, 6V. 4V 37, 10 13 107, si 67, I 13 inv. 11 107, 107, 3' 7 12 7, 117. 15 15 l.

IJ7, 187, 17, 28 87. 7V. oulini 84q 58 227. 22 CoxCbieCom 28 CrcqCorp 18 CramerE 37f 12 CreativeMqt 25 CreoleP2.60o 24 Cre.tFoom 10 Crestmont 6 Cromaeon 80 48 C.rowieyM.30 2 CwnCPt 1,221 3 CrystalOil 45 Cubic Co.lOg 28 CurtuMath 2 CutterA 44 48 CutterB 44 6 177, 17 '7, 23 5 237, 22 l-l'i 57. 57, 36 8'7.

14 7, 6 37 35 .1 8 137, 67. 36 34 D-E Daitch 25q DomonC 40 Danielln.lq DataControl DataDocumt DotoProd DayMmes 17 2 2 10 1 123 7 73 4 31 177. 8, 4 16 V. 67, 10 6 17 8 3'. 167.

6'-. 10 6 12 87, 19 3 16 67. '24 17, uovl'nt DC T'onA Vj' ADeveloo DearbomSt De Jur A.I9t De-Labs Dctrj CpAm DeltonaCo'0 l-n jg Den Deoositosia OeRoseird Desere'Ph DevCpA2 39f Rp Awi 31 DeyonAppar DHJIndu.t DieboidClw Dieoid 14g Dillard 30g D'OdesInc D'versey 50 -1 16 157, 17 38', 37,, 37. 5 V. 5 12 12 5 13 7 V.

28 17 I 267, 26, 26 J. I tu I 287, 37 97, 9 V. 26 27 -1 367. 16 8 18 18 7, 7. I IV.

ICV, 107, 23 23 24 It 6 25 6. 25 2 2 15, 15 7wS 87. BomePetrof omtor.60 EPAInc rewNitl Dr.ver H.10' Drug 40 Duro Tst I5d Dynalectrn Eaq'eCloth triSrhe b48 EarthResrc, i.nA fi, i in 60 102 997, 12 13 13 77. 4 4 14 19 A 7. 4 14 IB', 18', rr.

4 4 6 X. V. 2 2 327, 31 31V. v. 1 15 20', 8 14 6 14 11 II Fft.tnAlr Xi 911 FaitnFrqht EaxorE.prl 1 1 Fc.morfo 3 CdainqtnO.I 5 Cflmo.IA 41 FdoCorp 18 qon 20a 5 fhrePhoio 87 13 'i.

197. 20 8 8 7, 7. 5'. U', 14 -1 20 ectroa 60 lectComo 'ectrnnt EiettRejrh lectron r7 tectrn. 1A in Nnt, EiTronice v.

i-; 10 II Ve V. I 5 1 8 3'e 8 1' 7. V. V. 17, 7, CablecomGn Caldor.lud Calcomp Cal HltCare ColPrtCeml Camcolnc.15 CompbChib CompoAA.30 CdnExpGiO dnHomeitd CdnHydro 25 CdnJavln.44t CdnSuoerOil Canoqalnd op fnd-16o CareerAcod Core.KjInc Cornatnl .20 Caro Pipe 80 12 11 297, 197, 18 15 15 367, 367, 11 297, 18 15 367, 4- 17- 7 8 3 97, 157, 14 4- 42 4 7, 2V.

9 3 '5 4- 87', 19 4- 70 3 4- 18 17'. 7 8, 7V. 97. 16, 15 14 13 427, 42V, 4 7, 4 7, 2V. 2 107.

9V. 3 2 '5 147, 89. 8' 19 19 70 70 3) 15 1.7, 2 2 127, 17, 8', 46 44', 14 14'', 20 19 10 CaroPL pIS j20 CorouselFsh 6 CorrolDv99t 38 9 CrjVitronD 79 CeiluCra, 65 CenMepIS 50 I30 en Seel 30q 5 Centry Ei 60 4 Centrylnd24 13 1 CertronCp 84 8. 4 14 4- 19 1C 37, 117. 25 -I 6 17 21 9 -1 9 3 37 97.

16 15 5 137, 107. 97, 337, -1 6, li 3 3 3 CnadwM. I5g 117. ChampHo.lO 442 25 24', 6 6 17 17 2' 9 9 13 97, 9'. 3 3 377, 37 A'L A Choranlnd Ch.terM.ed CherryBurr Chn.tionCoe CICLeo.inq Cmmo5 Cinerama Circie K.32 fitSv A Rot ien 24 CtyG.F'a 50 Clarke 0) I0q Ciarkwnlnd CiarOl'fJf ClintonMer Cloooy.37t CMiCorp CMI InvCp CoburnCoro Cot itm 09h Cahu E-ec 10 Coie Notl 44 Coleman 40 CelonComl Colon Cmlwt Co'on Snd iO Co'wl Co 28g Co Ml 74g Colwl Mtgwt Cominco 70 foml AH 109 Coml Met 60 ommndnr Comfl Fn Com PS1 Compolnd 36 14, 14 16', IV, 15 v.

4 137, 10 51 137. 10 97. 337. 33 7 6 14 77, 7 '7, tx I. '6 35 34' 65 33 31 35 Ji 9 3C 9 3 25 7 jc-i 25 7, .4.17, 7 24 6 20 19 5 19 1 14 9 73 13 A 24 2.1 1 1 10 9 9 21, 13..

13 37, 7. V. V. -V, V. V.

V. V. 7. V. V.

V. -V. Piper, Jaffray indicated in May that it planned to sell 275,000 shares to the public, of which 200,000 were to be sold by the company and 75,000 by "inside" shareholders. The registration later was amended to allow the shareholders to sell 95,000 and the company 205,000 shares, McCraney said. The company acted as its own underwriter, with several other firms participating in the sale of the stock.

Piper, one of the largest of the Minneapolis based brokerage houses, is a to traditional practices of demanding conversions at the American Treasury for gold. Gold was being sold at between $42.35 and $42.50 an ounce late yesterday in London and Zurich after the formal London "fixing" at 42.275. Peso devalued Argentina Thursday devalued the peso from 4.40 to 4.70 pesos to the dollar. Get your life off to a flying start! you'ra on ol I lion ptmpi. who yrn.

lo tly torn, o.y, why put II oil ny long. Com. lo Flight Tnlmng Confer, al Hying Cloud Airport ind wall Inch ynu how lo i comp.ti.nt pilot. HC hn rtH ol tn.truc tor. to n0 you b.

tom, pilot, for mor Inlormatinn, call QFTG CtMTtHINC 10100 Hying Ciood Ortv, loan rat. 4, Minn. 45J4J a an. a Mnt member of the New York, American, Midwest and National stock exchanges and several commodity and mercantile exchanges. It has a total of 30 offices in Minnesota, North Dakota, South Dakota, Wisconsin, Iowa, Montana and New York.

It had net earnings of $541,000 in the first quarter of this year, compared with $835,000 in all of 1970. Piper brings the number of publicly held brokerage firms in Minneapolis to five, probably more than in any other city outside of New York. The others here are John G. Kinnard J. Shapiro John Stephens Co.

and Teig, Ross, Klenert Chica, Inc. 4.,, Lectura iiicorpoi.iieci Presents a 4-day LECTURE SEMINAR IN BUSINESS MANAGEMENT ECONOMICS MONDAY, AUGUST 30 THURSDAY, SEPTEMBER 2 JR INFORMATION CALL: (412) 127-3943 fey 7. V. -2 V. -7, V.

-V. 7. 4-1 7. 7. 7.

7. -I 7, Fublnd FaDien.40b FabricsNatl FairfldNoble FalconSbd FeaRetrces FeaMart 40b FeimoniOil Felsway.32 Fibrebordwt FidelGr1.52g FidelcoGrwt F.d Mll.31g Ftlmways FiltrDyn Ole FmSaBa.20a FmlGenl.24b Fst Den 1. 03a, Fit Denvwt FirstNtlRoal FirstNHRIwt Fst SL S.24d FstUn RE.88 FischerP.66t Fiihman.40o FliqhtSafty FloCapttof FloTile A. 20 FlowerlndA Fly Ttgerwt Foodrma.30 Ford Canda2 Forest Cit.2S ForestLb 44f FrankMnt.10 Frank FronkiNu.60 FranriMfq Fresnillo.jOg FnendFrost Frier lnd.30 FrontierAir Front Airwt Fryelndusl 12 16 4 8 5 4 157, 16 6 7, 77, 7 V. 3V, 7.

127, 7. 157, 16 4- 7, 10 27', 6 4- 7. 207, 7. 5', V. 14 23 14 7, 7, 18 7.

V. 4- 7. 18 11 7. 12 V. Tf 9 7, 3 4- 7, 20 16 20', 7, 16'.

7. 847, 4- 25 16 -17, 417. 7, 97. 17 12 V. 177, 47, 6 47, V.

3 5V. 4 7', 6 37, 12'. 15 16 10 27 57. 20 .55 237. 147, 187.

4 1 7, 18V, 117, 127. 13 9 3 207, 16 20 16 84 25 187, 40 9 17 12 4 6 47. 3 5 10 7 80 3 V. 3 127, 13 16. 38 167, 15 117.

7 27', 19 67. 25 20 9 5 5 l44 1 237, 20 14 30 19 4 47, 1 V. 197. 27 12 16 137, 14 4- 58 217, 5 16 83 227. 24 17 J10 84 15 25 33 197, 147 41', 10 V7.

18 2 10 I 14 20 6 104 4 14 Gabriellnd Goran Inc. 36 GarcioCorp GarlondCp GateSpG.IC'D Goyld Ntl.30 GaynorStatd Gearhart 24 GenAllovs GenRqtlery GenBuiidri nemo 40 GenEducSvc Emoio 04o Gen Inter C.enW"l Genaelnd CrtrberSr In, ont Fa 50a Giant Ve. 40 Gilbert' G'oddingCp GlosrockPrd Glen Ger 181 G'enDu B.I0 GiotoeSecSye Glouc.terEn Goidblatt 36 Golan WMob GoodlS Co Goorrwoy Gorin Str 50 Goj Inrwt Grainae' 50 Gronqe'A, Gran.te Vqf Grai, Va'Gr Vtq GrentAmtrW Gt Bos Gt Lnh' hem Greenmr 2t GreerHrd C. GRI r0ro GrosiTlc, 70 (j'OW'Km 3" GTlCo.p Guq.d in GiarW ja Guard I5g Gueanln4 Gylt Can AO sLo-a Quit Wlr-dw 41 11 6 22 3 16 8 77, II 6 22 16 29 19 32 97, 107, 27 5. 16 77.

67, ie' 97, 3 'f 26 5 55 9 4 12 37, 107, 137, 22, 10 4 25 V. 8 87, 9 t' 25 19 "A 87. 9'. 87, H7, 1 V' 25', 6 8 34 13 8 2 1, 37, 2. 1 1 v.

22 i 7. le i'f 67, 16', 197. 9 3 267. 7. 55 3 9 7, 4 57, 1 37 15 7.

1 3 76 27, 3 5 368 58 I 97, 14 5 3 20 167, 17 147, 75 .3 77 107, 4 4 I'O 26 277, 7, in1 26 -1 8 8 V. 9 7, 117. 55 19 9V, 14. "If Iff 4 8 37 2 67. 8 V.

117, 2V, 7 V. 25V. -1 'l IL ju 117, 5 25 19 4 9 22 6 17', 14 47, 3 8 60 31 3 7 8 l' 1 26'', 67, 26 35 6 i 21 5 3 8 7 11 2 6 41 36 i 2 -V. if, 1 IIV. 196 7 364 J'- ii 1 4 4., 4, Atico Mtgwt Atl CMir, 93g Atla.

Cpwl Aoooilnc Au.trnlOil AutoBida AuomotRoa AutoSvc 20 A. itnCtf.it 45a 36 6 14 15 15. 15 67, 6', -V il 'V, '7, 10 20 19 19 65 12', If, 117. 27 11', 10 107, 47 7 6 6 7 6 5 44 44 44 -1 1 17, 7, New York Times Service Paris, France Gold, silver and the "strong" European currencies were in demand in European markets Thursday amid new anxieties over the health of the dollar. The announcement of the second-biggest budget deficit since 1945 and the third monthly trade deficit, together with expectations that another sizable balance of payments deficit will be reported for the second quarter, were behind the rush into gold.

In one of the biggest buying days of the last two years, dealers in Zurich, Switzerland and London, England, said demand came from "everywhere," Including the United States even though gold ownership by American citizens is illegal. The rise in silver was at-tributed principally to Americans. One of the factors in the gold price rise has been the rumor that the French, with their newly swollen dollar reserves, will revrrt -i'. 7. -i AVCCO'P 1 7t AVEMC.10 23 87, 67, ti BogdCoo 40b Bake, nd 24 Baer 42g Bald DM 60 Bold Sec.

19 Bol'Co Bang Pvnwf bom.te'Otl BankrOt 14a Panne'lndut DerbLVt 1132 117 J'V, I 167. 24 22 7, 31 31 31V, 317, 16 16 21 21 5 5 3. 5 7 51 12 21 S3 II 10 29 6 21 4 4 7. 4 14 11V, 11 19 11 I3wi 137. 4 4 4 1P 1 14 14 6 27, 2.

Birryl67 8 Berry Wr 20 Be.teilMed 41 An-tt, So 33 0 BnrtonB' 4if 4 Bnrtnn.Cdy 5 Ba-ctiFolf 14 2 ASE Continurd on page 8A I "iriniiiiw-JULii..