The Minneapolis Star from Minneapolis, Minnesota • Page 28

Bemis Promotions Announced the Minneapolis Pessimism Brings Din Star Business and Markets Unitronics Will Make Home Alarm Formation of Unitronics, a research and manufacturing company, was announced today by Carl A. Carlson, president. SB June 16, 1961 NEW YORK STOCK MARKET 11s itxrtl (tti delml telnlt i tltklht -STOCKS 1 1 00 il SriJM NY Ch SI 2 P.M Chg I Nel NY NHiHart 7 NY Shiphd 3 Salet 'At, 79 41,3 Chg. I Net 38 ,1 .1 3 3 12 .3 41 5 .1 109 6 ,4 45 I .7 35 5 4 44 ,1 32 3 Niag Pow Clarke Perry 4 4 Noil if Weil 9 25 I ,1 24 215 41 6 18 28.4 ,3 15 No Am Av The new corporation will 9 Appointment of R. P.

Perry DovwCheni Dftiilnd duPani Duo) lil tail Airline tail Kodak faion Mlg tl Auln Lilt Nor Gm Nor Pncihc 28 make a home burglar alarm as director or proauct de 10 2 I 24 106 6 .5 4 36 4 3 Nor Sip Pow system, a telephone answer Nweit Airlin 7 11 ing device and a number of Fl Mul 308 velopment for Bemis Bro, Bag Co. was announced by Judson Bemis, president. fl Pam NC 40 i in Stocks NEW YORK UP) The slock market took a sharp loss in a spate of discouraged selling early this afternoon. The Associated Press average of 60 stocks at noon was off 1.50 at 245.50, with industrials down 2.40, rails off .70 and utilities off .70. Losses of key stocks went from fractions to about two points.

The failure of the market to rally from sharp dips ear lier In the week spread pessimism among many Investors who bought during the long uptrend because it was a rising market. Now, brokers said, they were selling because it was a falling market. (mtr Pad 4 other electronic and mechan leal products. Its headquar Ohit Iduon 6 Oh.o O.I 12 Olm Mci'h 22 Owen. il Gl IB Poc C(li 13 do ir wi 165 Pac lighting I Pan AW Air 1 1 Parom Pict 25 The new post is a staff ters will be at 2933 Hennepin 28 A 97 6 .2 43 2 .1 44 5- .6 9f 6 1 77 6 .2 1132....

55 3- .1 IS 4 74,2 I 6 35 2 ,4 28 5 2 41 ,2 30 3 112.... II 8 1 1 2.1 16 6 9 I rue laik K-Ctll-O fotlec A f-iiettarx Fit thnil Flimkoit fin P41 food fair i Av. position in which he will report directly to Bemis. His Parke tVivn 137 Penn Di 59 .4 5 6 ,1 26.1 .2 14 2 ,1 5 2.... 40 I 527 .3 44 5 .3 44 61.1 30 2 ,4 74 5 ,3 35 .5 86 71 .4 12.6 38 70.41.2 33.4 ,3 25 I I 247 2 81 4 ,4 34 .4 6) 6 .6 Carlson said the company has completed prototypes of a half dozen products through foid Mo'oi 79 headquarters will oe Minneapolis.

Succeeding Perry as man fO'tm Da ii 15 foil Whee el 7 53 rovboia 41 .2 efforts of three officers and 9 000 investment complex in the Investors building with Grady Clark, IDS president 1 (center) and Steve Rooth, new vice president of Alleghany Corp. (left) and Tom Moses, president of water companies at Indianapolis, and Philadelphia, (second from right). Rooth and Moses accompanied the Murchisons to Minneapolis. fieenon1 Sol 57.5. THE WINNERS in a proxy battle with Allan P.

Kirby for control of Alleghany which controls Investors Diversified Services, arrived in Minneapolis Thursday for conferences with IDS officials. They are the fabulous Murchison brothers, John (rifiht) and Clint, (second from left) of Dallas, Texas. They are shown at headquarters of the ager or tne company Min Pennev JC Pa Pnw4Lt Pa RR Penm Colo Plijer Pheloi Ph.la llee Ph.Uo Ph. hp Mor Philhp Pet Pitt Coke4C r.i incorporators of the company during the past two years. 39 3 10 gg 89 7 ,3 ,4 .5 .7 5 ,1 307 216 97.3 58.6 56 66 6 neapolis plant and sales division will be Dexter Clarke, for the past seven frueh Tia Cen Accept Gun Am I ton Gn Dvnam Gen fJefirrc Gen food Gen Milli Original capital of the com pany is $100,000.

It is author 33 2- Plymouth Oil 10 years witn tne Indianapolis, 28 5- I 208 61 4 Polaroid ,20 108 6 do 34 23 ized to issue up to 1,000,000 shares of 50-cent par value plant and sales division. 80 64- .3 53 6 .2 He has been manager since B0 106.4 common stock. Other officers are: treas Gen Moton 145 45 4 .2 Gen Pub Ut 24 28 4 7 Ttltl 95 26 2 2 Gen lire 48 73 63.2 Geibtr Prod 2 49 2 .4 Getty Oil 75 19 Gillette 5 114 7 ,5 Glen Aid 28 14 4 .1 Goodrich 21 63 .4 Goodveor 41 .5 Proct 4 Garrt Pub Sv E4G do pf Pullman Pure Oil Quaker OaU RCA Rnvonier Rovthron Reading Co Repuh Av Repub Steel 40 I 38 4 74 3 57.2-20.6 38 6- 9.6 urer, Norman J. Quam, chief Sprayfoil Aid Gets New Post Andrew Kuehn, assistant to the president of Sprayfoil has been Car gill to Remodel Elevator engineer of General Design for the past eight years, 61.11.4 53.5 .5 Rett Drug and secretary, Robert D. Tuf-ford.

an engineer with 30 Reyn Metolt 27 52.41.1 Rey Tobacco 14 1212 7 at Get Ford Awards Seven faculty members of the school of business ad-; ministration and economics department at the University Of Minnesota have been awarded Ford Foundation fellowships for the next academic year. Rich Mtrrtll years' experience in the Twin 88 4 Cities. Tufford has been as sociated with General Design Richfield Oil Riegel Pap Rohr Aire Rovol Dutch Safeway St-St Jot lead St Sanf- 1956. Perry has been Minneapolis plant manager since March, 1958. He joined the company in 1946 as an administrative trainee at the Visinet mill in St.

Louis, Mo. Clarke also began with Bemis at Visinet in 1938 in administrative and sales i Dividend Set Directors of Northern Plastics La Crosse, declared a regular quarterly dividend of 10 cents per share, payable July 1 to stockholders of record June 20. The company has since 1951. 32.6-H 24.1 34 46 6 33.2 17 6 34.7 30 4 Gould Btit I 50 .2 Gioce 4 Co 30 69 Groh Poige 47 2 7 .1 Grant, 3 29,3 .1 Groyion Rob 1 14 5 1 A4P 18 50 6 Gt lign I 25 2 .2 Gt Nor Ry 12 44 6 .3 Gt fm 2 44 7 .4 Gt West Sug 2 36 1.2 Greyhound 5 25.4 .1 Gium Aiir 19 .3 Gull Mob40 12 24 2 .1 Gulf Oil 51 39.3 .1 Molliburten 7 51.7 ,7 Houd Ind 3 18 .4 Houtehold 1 45,4 .1 Houston LAP 12 105 .4 Hovord Sir 1 13 Howe Sound 55 18.1 .5 III Central 9 J9 4 3 Inland Steel 2 44 3 .1 ln0'r Cop 1 51 Int Bi'n Mch 17 486 4 4 Int Harv 18 52 41 Int Nick II 74 6 A elected vice president in charge of financial planning, product design and production. A graduate of the University of Minnesota, he was assistant to St Regit Pap 28 Carlson worked for Lock heed Aircraft Corp.

and Gen eral Mills during World War II and organized General De sign in 1946. He is president of General Design and of Kuehn foMomq it tabulation ef selected t'ock IrcmKit Iiont on III Nw Yok Siock E.change up to I M. filling 1100 M. Chg. Sum 1 Ne Abheltl 9 ,6 Ai Mntt 6 56 6 AaWnd 10 I .1 Addrettog 10 93 41.4 Adimiol 13 3....

A.iO.due 16 75 l- 0 AnoPmd 2 If. 5 .1 AlleqCp 4 113,... rtoftpl I it 4 ,4 AHeglud 7 44 .2 AllegPw 3 4i .4 AlliedCh 1 1 ,2 AlhHS. ti 4 56 1 A'lisChol 8 26 2 .2 Alumtid 'M ,4 Alton 6 75 6 .6 Ameiadg 24 flj 61 AmAirfm ti 74 4 .4 2 18,2 .1 AmB.kSh 4 49 2 .4 AmBdfw 52 1.2 An-tBlMi 5 9 6.... AmCon 28 407 .2 AmCvn 38 46 .2 Amf'hw 10 66 4 AmAH'vv 16 10.....

64 41 6 .5 AmMoion 36 17 6.... An.NCnl 41,21.2 AmSmelt ,30 142.2 4 ArrAtd 15 14.5 ,1 AmSnfH .1 32 5 .3 329 1 15.2 I 2 Amlob 8 86 A .1 AmVucaie 45 55 5 ,7 5 28 6 21 .3 Anaconda 63 55.23,1 AnncWAC .30 40 4- .4 AnehHCi I 39 .6 A'thDrin 38 7 3 Aimeo Sil II 73 62 26 49 2 Ashl Oil 2 27 4 .1 Attd Dry 1 79 Atchison 54 25 A .1 Ail Ctl lmt 3 47.4 ,1 Ail Mm 8 53.1 .5 Avco Corp 78 20,1 ,3 Avnel tl 33 44 .7 labblll I 5 2.... Bald limn 18 15 7 .1 Bolt 7 30 Bath It Wk 3 52 ,4 Baxter lub 7 5871.6 Beckman In 28 117 41 Bell i Ho 16 61.61.6 Pend' 9 59.3 .1 Rene! fm I 48.2 .2 Benauei 10 1.1 ,1 Beth Steel 126 42.11,3 Boeing Aif 148 457 Borden 1 7 59 5 .3 Boig Worn 18 41 .2 Bran Auw 4 11.7 .1 Biidg Bmst 1 3 38 .4 Bnggs Ml 36 10 4 Biunswick 175 51.41.2 Budd 2 14.1 .1 Bulla-d 4 16 2 .7 Burl Ind 15 18 6 .1 Burrought 22 297 .2 Col.m I 9 20.4 2 Comob 13 104 24 4 Can Dry 1 25.7 .2 Cdn Poc 8 25 4 Corner Co 12 45 1 .4 Cose (Jll 14 9 6. Cater Tine 13 37.5 .1 Celnnese 46 38 5 .5 Celotex 25 28 7 Cen 4 SW 16 .2 Ctn Soya 2 28.1 Cert-Teed 132 57.42.4 Ches Oh I 61 .3 .7 ChiGtWest I 26,2 .1 ChMSPLPac 2 14 I ChiRlAPac 4 23 Chrysler 29 43.1 .2 CITFmon 6 76 CtiesSvc 6 53 2 C.tyPiod 4 30 3 .2 CluettP-a 6 66.3 .2 CocrtCola 25 88 2 .2 ColgPolm 26 1.1 9 39 1.5 Coll.nsPad 34 3 7 29 18.5 .5 ColumGot 15 26.1 .1 ComlCred 2 47.4 .4 ComlSolv 62 31 ComwFd I 82.6 .4 ConFdu 9 80 .6 Confoodi I 377.... ConNGas 11 5-57 .4 ConsolnCool 2 38 ConsumPw 6 7.

.5 .3 Container 38 26 .5 ComCon 26 40 4 .6 Continj 35 60 .2 ConlMot 24 10.7 3 ConiOil 28 55 .3 CornPd 26 51.5 .3 CraneCo 3 63.4 .4 Om of Wh 3 46 1 .3 CrowColl 12 40 I .4 CrownZell 6 57.6 .2 CiucS'l 18 22 3 .6 CudnhvPk 3' 10 1 .3 CurtisPub 30 14 7 .1 CurrmWr 32 1 7 .5 OectoKec .24 36 1.1 Deeie 6 55 61 "16 16 2.... Duney 2 37.2 .4 OnCSeag 1 40 DomeMm 3 22 1 OougAirc 5 32.1 .1 Acme Machine Inc. All three officers will serve Schenley 7 Schenng 26 Scott Paper 5 Senb Al PR 54 Sems Roeb 6 Servel 23 Shell Oil 5 Sheraton 14 Simmon 4 Sinclair 15 Skelly Oil 8 Socony 2 1 Soo lint RR I Sou Col Ed. 3 Southern Co 12 Sou Pacific 15 Sou Rv 8 Soencer Kell 1 1 Spetry Rd 105 Spiegel 8 Stand Biand 8 Std Oil Col 106 do Ind 15 do NJ. 110 as directors.

Int Poper 142 Int Tel41el 23 Intertt Pow I Jeff lake 10 Jewel Tea 4 Johni Man 24 55 .2 108 I 28 22 64 5 7 16 2 .1 39 5 .6 194 5 49.4 2 41.2 .2 58 4 4 44 7 .2 12 .2 70 54 2 23.5 .4 54 .1 207 ,1 27 6 1 1 47.6 .1 67.2 .6 52 .3 51,2 .6 45 23 2 .4 56 4 .6 30 2 .3 69 6 .2 7 4 .1 .28 4 105 6 .2 950 shares of common stock DULUTH, Cargill, is shutting down its 3,500,000 bushel elevator here for 10 months to start a repair and modernizing program. About 35 members of Grain Millers local 118 have been notified of the layoff while construction work is going on. Cargill officials said the elevator will be ready for reopening at the start of navigation in 1962. Older portions of the elevator, which dates back to the 1880s, will be torn down, officials said, and will be replaced with steel tanks, a new steel head house, and new high-speed handling equipment. The slip will be dredged to a depth to accommodate the largest ocean-going vessel calling at Duluth and a new Jonet lau 7 Pre doctoral fellowships were given to Thomas J.

Burns Harvey S. Hen- drickson, instructors in accounting, and Richard N. Car-dozo, a teaching assistant. Those receiving faculty fel- owships are Robert J. Hollo- way, professor of marketing; Marcel K.

Richter, assistant professor of economics, and George Seltzer, professor of economics and industrial relations. Eugene R. Melander, instructor in economics, was awarded a doctoral dissertation fellowship. Income Dip Reported by Nu-Line Nu-Line Industries, reported net income of $52,451 and sales of $1,230,875 for the fiscal year ending March 31, a decline from net income of $84,438 and sales of $1,597,332 for the previous year. A.

D. Van Horssen, president, said the decline was caused by a cutback in government defense spending in the spring and summer of 1960. Despite the setback, the company, which makes electrical connectors for the electronics industry, completed a major expansion program, Van Horssen said, taking over an additional floor in the former Strutwear building at 1015 S. '6th St. and adding almost 100 new employes.

The addition of 16,000 square feet of space gives the company 50,000 square feet of manufacturing space, Van Horssen said, for its 203 employes. The company increased its net worth by more than $800,000, Van Horssen said, and by September will be geared to handle a sales volume of up to 10 million dollars a yean Stond Pkg 31 30 5 .4 54.3 .4 24 3 15.4 .4 65 66 41 4 65.61 44 86 .4 64 41 .7 44 2 .4 54 2 .4 32. 6 .1 42 23 51.1 41.3 .1 50 3 .6 13.4 3 87.4 ,4 26.4 .2 43.3 30 .2 24 1 ,2 26 5 .1 54 .4 497 .1 49 5 .2 Kaiter Alum Kennecott Kern Id Koooeii Koive'te Kresge SS lane Bryant lear lerner Sir tOF Gln lib.McNil liag My Lionel lockh Aire loed i Then Ions Cem Cash Commodities Metals MIOAr PiWtburgK Itcrop metall 00 Coooer (Conn Vallayl 3I Foreign Silver (troy oi 91 lead (Maw Vorkl 0. lit Tin (New Yorlrl SI .12 Zinc (St. louli Produce Market Area Market Friday EGGS Grode A lorae, 22-25c A medium, 17 20c: l7-20c; 15-18c- tH.llen, 15-16c.

OUITKY Heavy hens. 6-7; light hens, 6-5. NATIONAL INVESTORS CORPORATION Growth Slock Mutual Fund 40.1 ,7 5 f02 6 .6 7 .2 the controller at Minneapolis-Honeywell Regulator Co. before joining Sprayfoil last year. LOCAL STOCKS More Buying Interest Shown More activity and more buying interest were the keynotes of the local stock market today.

Brokers said Electro Med was up XA at 3 Y4 bid; Scientific Computer was up at 3 bid; Product design was up l2 at 1 Vi bid; Medtronics was up '4 at Research, was up Y2 at 6 bid, and Miniature Instruments was up 14 at 4'4 bid. On the downside First Bank, off 1 at bid. Stoutf Ch Stew War Stone 4 Stud Pock Sunrny. Sunsh Biscuit Swift 4 Co Texaco Tex East Tex Prod Tex Sul Tex Ins Tex C40 Textron lhioko Tidewat Oil Tran vV Air Tronsamer 76th 0 68 .6 lone 5 Gal long Isl lorillord lou 4 Nath lukens Stl Maclc Trit Mocy Marine Mid Morttn Co Muytog 7 7 4 4 28 6 I 49 46.4 I 2 55.4 .2 267 SOntMMIWtiT divlUn4 427 .3 25.3 .2 171.43.4 30.3 .3 25.3 .1 43.1 .3 26 4 16 .4 34 4 .5 24.2 .4 44 2 .2 37 3 .2 42.1- .5 54.2 .1 32.5 .1 44 1.5 -44 3 .5 38 2 .1 8 3 25 6 .4 1 26 I McDon Air McKess 4 Merck 10 6 CXNTS A SHARK. Pirbl Jom 10, 1M1 Xecord Dtt Juna 14, 1961 He Ten N.

T. Chicago FRIDAY U.S. Department of Aericulture UTIIH Steady. 93 (AAI tcore, 60c. '2 (A tcore, 60ci 90 tcore.

57c, 89 CI tcore, 56c. CARS: 90 III tco-e, 58c- 89 (CI tcore. EGGS Steadier. Who'esala buying prices unchanged to higher. Minimum 70 Dr cent.

U.S. large whn A tl, 32V.C; miyed, 32c; medium 29V.C: ttand-ardt. 31c; dimes. 29c: checU, 28V.C. UVE FOUITKY IFndoyl No oncet re-oorted due to intufficient receio's.

Merr Ch 4 64 Metro GM 24 M.ddlt 5 Ut 2 dock will be constructed. Walter B. Saunders, vice president in charge of Car-gill's grain division, said the facility will be the fastest grain handling elevator at Duluth when completed. The shutdown will have no Molj Hon 14 33 21.5 Trantitron Tri Cont TluOX Tro Twent Cen Un Oil Cel Un Pacific Unit Airline Unit Aire Unit Biscuit United Co Unit Fruit Un Gos Co Unit M4M US Gypsum US Rubber US Smelting US Steel Univ Match Vanod Cp VaCoro Ch Walgreen Walworth Warn Br Pict Warn Lam West Un Tel Shepherd Heads Electronic Body Gov. Elmer L.

Andersen announced appointment of Dr. W. Shepherd, chair-5 man of the electrical engineering department at the University of Minnesota, as chairman of the governor's 1 advisory committee on the electronics industry. Anderson said the commit- tee will attempt to stimulate vocational training and re-f training for technicians, im- prove graduate training, promote the state's electron- ic industry and attract more electronic plants to the state. 8 102 .7 59 York ew 36.6-, .2 49.4 .2 31 6 .4 40 T9 4 ,4 97 60 .1 36.1 154.41.4 108.2 .6 83.5 1.3 32.1 .1 41.5 .3 4 4 .1 51.5 .2 34.4 .2 36.3 .5 27.4 ,4 88 2.2 34.4 .3 31 .5 .5 56 79 .2 96 1.5 68 28 5 .2 61.6 .1 93 .3 19 6 6 15.7 .1 25 56,41.1 17.5 effect on operations at Car-gill's 2,262,000 Itasca elevator in Superior, Wis.

do pf Minn MAM Minn 4 Ont Minn P4L Mo Kon Te. Monsan Ch Mont 0 Ut Mont Pw Mont Ward Motorola MSI Ind NAPI CP Nat Acme Nat Buc Nat Cash Not Dairy Nat Distill Nat Gyps Nat lead Nat Tea NatThea4T Neisner 4 26 6 2 2 24 4 2 71 II 1 1 16 4 5 1 1 3 34 7 9 13 1 4 20 35 1 82.4 12 43 .4 22.3 .5 35 1 64 4 .4 9.1 .2 73,6 .6 80 1.4 5 .6 27 43.5 1.3 31,5 .3 Breeders Honor Casper Peterson A portrait of Casper Peterson of Northfield, was presented to the University GRAIN FUTURES Material Society Westg Air Bk MINNEAPOLIS High Uv. I Open Wheat- BROAD STREET INVESTING CORPORATION A DtoNifted Mataal FttnA Pr. CI. 2.15V, 2.13 FRIDAY (UTTER Ample.

93 IAA1 tcore 61 61 'Ac; 92 (A score, 6l-6lc; 90 (Bi tco-e. 58-59c. EGGS Irregularly distributed. SPOT OUOTATIONS Midwestern Mied Celon: Extrot (48-50 lbs. 1 32-33 extrat medium.

28-29rj ttandordt large 3 1. 32 'Ac; checkt. 28-29c. Whitet: Etrps (48-50 lbs. I.

32-34o xtrat medium, 2S-29c. rewnt: Extrot 148-50 lbs. 33-34c DRESSED POULTRY IThurtdovl Turkevt unchanged; demand fair; stocks omole Sauob offerins ample; defend, light Ducklings unchanged. Sauabs, ice packed, orice per pound in one dozen units, 1 1 lbs. and up 85-95c, mos'ly 00-95c STORAGE HOLDINGS FRIDAY UTTER 1961, unovoil.i I960, unnvail EGGS 1961, 157,700: 1960, 47,100.

2.15 2.14 July 2.15 Seo. 2.137. 2.15', 2 15', 2.13V, 2.14 Weslg flee 68 Whirl Corp I White Motor 7 Wilson 4 Co 10 Woolworth 12 Worthington 2 Wrialev 1 58.1 46 I 77 1 2 60 6 109 1 Oatl July Seo. .61 Flat- Fl 8 .59 .61 New Eng ,59 .60 .59 7, .607, .61 V. Netwot Sh 8 Taungtt S4T Zenith Rod 8 103.51.4 14 159.41.2 NY Central 8 July 3.17 3.18 3 20 3 17 3.19 3.17 3.19 3 15V, 3.18', Seo.

3.20 Fio'irei after decimal r-olnti art elohtht CHICAGO 126th oonMxnitiv quarterly dividend Selected ttantactiont up -AMERICAN 5nto Map Mail Order Firm, Lane Byant Join Merger of General Merchandise Milwaukee, Wheal July 1.87 V. Seo. 1.91 1100 si Noon Chg, PonteoOi! 1.88 1.87 1 1.91 1.91 1.91 1.98 1.98 1 98 Soles Net PertertPht. Dec. 1.98' Treasury Statement (100 si Noon Chg PhoenixStl I 12 58 41,4 7 13.6 .2 2 2 716 1 427 1 Elects Edlund Leslie Edlund, Minnesota Mining Manufacturing was elected president of the Minnesota chapter of the American Material Handling Society, succeeding Earl C.

Nye of United Hardware Distributing Minneapolis. Other officers elected include: vice president, Jobji Swanholm, Minneapolis; secretary, Bernard Lossing, Minneapolis; treasurer, Richard Scanlon, St. Paul; and national director, Elmer Hammes, LeSueur, Minn. The officers will be in Gen Plywd 1 87 1.91 1 .98 2.03 V. 1.14 1.17 1.19 1.23'.

PrairieOtl PrenHnll national mail order RopidArn Mor. 2.03 2.03 2.03V, 2.03 Corn-July 1.13', 1.14 1.13 1.13", Seo. 1.17V, 1.17 1.16 1.16', 1.19 1.19 1.18V, 1.19 Mar. 1.23', 1.237. 1.23 1.23 Oalt 2 33.1 .7 Relianln RussellFC 19.4 .2 5.3 .1 6 5 36.5 1.4 12.2 .1 27.2 .4 10.1 ,1 45.7 94 4 .2 H4B Am hazel Bishop Hozeltine Hecla HygraoV Imp Criem Imp Oil In.

10 CENTS A SHARK. Prbt Jmm 30, 1961 Record Dtrtt Jont 13, 1901 era i uleey. Mow Tark f. K. T.

3,50 3 111 5 12 business, into Lane Bryant has been agreed to by both companies. The mail order company, SaoohPet SavreAF WASHINGTON 11 The cosh oos.tion of the treosury compored with corresponding dote a year ogo. (000 omittedl June 13, 1961 June 13, I960 Bolonce 2,606,452 5,670 337 Depotitt, fiscal venr July 86.847,816 84,391,835 Withdrawals fiscal year: 93,794,303 89 164 189 Total debt (x 290,233,823 289,306 931 Gold assert: 17,477,341 19,350,963 Includes $354,837,284.58 debt not tubiect to tta'u'ory limit. ScurryRain 63.5 .1 3.6 .1 6 6 6.3 ,1 10.6 .2 25.1 .2 12.7 33.5 .65 66 .70 .72 .65 .67 .71 .73 7, of Minnesota for its "Livestock Hall of Fame" in Peters hall on the farm campus. In making the presentation, the Minnesota Livestock Breeders association called attention to Peterson's work in improving livestock and his aid and encouragement to other breeders.

Peterson, 71, is a nationally known breeder of Poland China hogs. He also owns a high-producing dairy herd. In 1960 he showed the grand champion at the National Barrow show in Austin, and one of his Poland China boars sold for $2,420, the top price paid at his private fall sale. Notre Dame 'U' Contract Awarded Israel Am 716 Jupiter 17 3 516 1 16 July .65 Seo. .67 Dec.

Mar. July 1.14 Seo. 1.18 Dec. 1.24', which had a sales volume of bervomech 1 SignalOilA 10 Sonotone 9 SoPennOil 1 .64 .66 .70 .72 1.13 1.18 1.23 1.28 .65 .67 .71 .74 1.14V, 1.18V, 124 1 28 Kaiser tnri more than 37 million dollars 1.14 1.13V, 1.18V, 117 1.24', 123V, bpenShoe I 36.41.2 to roon fiidnv. Sales Net-1100 tl Noon Cha Aloska Atfl 2 8 6 .2 Alieg Co wt 4 8 Altco 1 9 I Am Petrol A 3 6 4 Ang lau A 4 4 3 .2 Ark la Got 20 38 Atl Research I 72.41.4 Atlos Co wt II 1.5 .1 Baiiev Sel 1 7.2 .1 Bayview Oil 10 I 4 Benrus 4 10 .1 B.oz Trac 31 5 2 Br Am Oil 1 33.6 .2 Biit Pet 3 6 6 .1 Buckev Co 11 2.6 .1 Col El Pow 1 23.2 Can So Pet 15 2 Cdn Mate 14 5.6 .1 Catolin 1 7 .1 Cento Inst 12 66,6 Coat Oilt 21 I 1 Creole Pet 8 34 4 .1 Crown Drug 6 4 5 1 Dome Pet 4 8 2 .1 Dorsey 9 1 2 3 I Dynotn Am 18 15 2.,..

El BonciUbh 4 327 Emery Air I 33 6 2 Eauity Coio 30 5 'Fargo 'Oil 15 3 2 1 Felrn Ps; 3 5.4 ,1 Fuller GA 4 44 6 2 Gen Devel 35 16 4 4 SperryR wt 44 16 last year, has announced plans to open a series of dis Mar Savbeant Katz Drug Ktoop lith Am lo Land Massey Mead John Mesobi Iron Mich Sugar Molybdenum Naoco Ind Nat Bell count stores in the Midwest It is planned that General Merchandise will continue to 11 27.4 .4 3.1 .1 177 .2 73.2 ,6 13 ,2 175.41 1 19 1 3 37.3 .1 9 5... 13.1 .2 3 116 4 1 24 24.1 .2 12 7.4 1 5.5 .1 11 12.3 .1 ISJnt Pat July 2.63 2.63 2.58 2.60 2.64 Seo. 2.51 2.51V, 2.50 2.50 2.51 Nov. 2 45 2.45 2.43 2.44 2.45 Jan. 2.49V, 2.49 2.48 2.49 2.49 Mar.

2.53 2.53 2.52V, 2.53 2.54 KANSAS CITY Wheat-July 1.90V, 1.90 1.90 1.90 1.90 Seo. 1.94', 1.94 1.94 1.94 1.94 Dec. 1.99 ,1.99 1.99 1.99 1.99 Mar 2.02 2.03 May 2.03 2 05 MdUred 10 1 1 SldOilKy 12 83 6 4 StdThom 2 8 4 2 SterlPrec 11 3 1 SymWay wt 3 10 4.... Technico 190 24 5 I Teleprom 0 23.31 TnCont wt I 34 1 USAirCand 1 4 3 '1 UtahldS 4 9 31 Valsoar 5 12.2 1 WalthomPree 14 4 2 Webb4Knap 16 1.1 .1 DOMESTIC BONDS Soles Net 000'tl last Chg. Peru3s97 7 99 0 Not Un Flee operate under its present management as a division of Lane Bryant, which operates Norus Coio NJ Zinc No Cdn stalled at a dinner meeting Monday, following the chapter's annual golf party at the Lost Spur Ranch club.

Firm Develops Janitor Service Normco Industries, Richfield, announced it has developed a new janitor and .90 women apparel stores throughout the country. NoeattAirl 2 OgdenCp 15 PacPetltd 28 American Bridge division, Government Bonds CLOSING QUOTATIONS Thursday Investment Funds TREASURY Thursday Bid do Growth 17.81 Nat-Wide Sec 22.34 Natl lnvtart ARA Net United States Steel St. Paul, was awarded the contract to fabricate and erect the structural steel framework for an eight-million-dollar library at the Uni Aberdeen Fund 2.40 Affiliated Fund 8.42 Am But Shr, 4.66 Am Mutuol Fd 9 70 building maintenance consulting service for business 11.23 Bd Atked Chg. Yld 2 6- 100-2 100-4 This announcement is neither an offer to tell nor a solicitation of an offer to buy these securities. The offer i8 made only by the offering circular.

New Issue 90,000 SHARES CHROMA-GLO, INC. COMMON STOCK PRICE: $3.30 per share Copies of the offering circular may be obtained from the undersigned JAMIESON and COMPANY First National Bank Concourse Bldg. Minneapolis 2, Minnesota and industrial firms. 61 99-30 100 65-60 100-18 100-22 Apache Fund 7.2 Assoc Fd Trust 1.6! 62-59 Jun 99-13 99-15 Under its program, clients 2V, 62-5 Dec 98-25 6.10 576 9 43 Atom Physics AxeHouahFd A do Fd do Stk Fd 98-4 '63 NatlSecSerBal do Bond do Div do Pref Stk do Income do Stock do Growth New Eng Fd NCE Shores One Wm St Pioneer Fund Price. TR Grth Puritan Fund PutnomGenFd 5.59 3.85 7.34 6.00 8 59 9.65 1 1 .47 14.79 14.70 10.14 16.06 8,58 Asked 19 46 24 17 18 21 12 27 6.11 4 8 02 6.56 9,39 10.55 12.40 16.16 16.07 1 1.02 16 22 9 28 18.11 20.16 10.43 11.27 12 78 4 01 12,85 continue to employ their own maintenance- men while Normco provides equipment and materials and supervises the work.

BluePidgeMut 12.73 98-27 98 6 98-22 96-6 100-6 96-30 98-8 92-28 98-28 100-8 91-8 Bid FoundersMutF 12.23 Fundmnfl Inv 10.31 Gen Securities 12.89 GroupSecAv-EI 9.85 do Cop Grth 7.18 do Com Stk 1 3 99 do FullyAd 10.25 do GenSond 7.00 do Petrol 11.17 Grwth Ind Sh 22.54 Homil Fd HC7 5.72 do HDA 5.62 Imperial Cap 9.71 do Fund 11.31 Income Fd Bos 8 08 Incorp Income 9 86 do Investors 8.73 InstitFoundFd 1 1 .84 do GrwthFd 12 05 do Inc Fd 6.69 IntRetourcesFd 5.72 Inv Co Amer 11.40 Inv Trust Bos 12.43 Istel Fund 36.35 Keystone Bl 24.38 98-18 96-2 100-2 96-26 08-4 92-20 98-24 100-4 19.29 3s '64 65 3 66 3 '66 '66 '67-62 3V, '67 3 7, '68 68-63 Turbomatic Names Distributor in S. D. Turbomatic, New Hope manufacturer of water- treating equipment, is expanding its line of distribution, H. M. Mueller, president, announced, and has appointed L.

C. Lippert Sioux Falls, S.D., as distributor for South Dakota and parts of Iowa, Nebraska and Minnesota. The Turbomatic line of do- mestic, industrial and community water-treating equipment was introduced to Lip-pert's 300 appliance dealers at a showing in Sioux Falls. Boston Fund Broad St Inv Bullock Fund Con Gen Fd Conodion Fd 14 04 14 31 15 72 16.66 PutnrtmGr.hM in Ke: 91 Cdn Int Grfh 18.42 12,11 12.28 10,43 Select Am Sh 10.37 Sharehldit Tr 11.69 2.49 2 58 2.80 3.05 .1 3.38 .6 3,52 6 3.75 .10 3.70 .6 3.66 .8 3.73 .10 3.85 .10 3 82 .6 3.83 .6 3.86 .8 3.88 .8 3.84 8 3.88 .12 3.93 .12 3.9? .12 3.91 .16 3.90 .12 3.89 3.83 .8 4.01 .8 3.88 .4 3.86 .4 3.86 ,4 3 84 .8 3.87 90-20 69-64 Jun 90-12 Century Sh Tr Chose Fd Bos 9.15 4175 44 125 Asked 2.64 9.11 4 93 10.60 7 85 1.85 6 66 6.26 10 25 4.38 13.97 13.97 21.08 15 18 15.69 17 18 19.93 13.23 13.42 10.00 13.58 15.84 12.78 10 11.20 19 45 18 09 22.44 14.30 12.43 10.37 3.72 19 12 13.30 15.1 1 8 58 24 43 22 04 18 80 20 49 5.32 Asked 13.29 11.30 14 09 10 79 7.87 15.37 11 23 7,68 12.23 23.19 6.26 10.56 12.30 8 83 1078 9,54 12.96 13 18 7.32 6.25 12.46 13.58 37.08 25.45 23.73 16,99 10.20 10 22 19.89 25.14 14.51 17.12 17 80 18.09 7,14 18.00 13 46 3.36 4 27 1642 39. 1 7 39 I 7 State St 1nv Stein R4F Fd Telev Elec Fd Texas Fund 4s '69 100-28 101-4 2 V.j 69-64 Dec 89-28 90-4 70-65 B9-8 89-16 88-12 88-20 '72-67 Jun 87-8 87-16 2V, '72-67 Seo 67-4 87-12 versity of Notre Dame, South Bend, Ind Erection of the 13-story structure is scheduled to begin this fall.

Ellerbe and St. Paul, are architects and engineers for the building. Toro Dividend Directors of Toro Manufacturing Corp. voted a quarterly dividend of 35 cents per share on the 225,847 outstanding shares of common stock. The dividend is payable July 14 to shareholders of record June 30.

8.89 9 69 11.54 12 61 Twent Grth 9.95 2V, 7J.67 Dec fl7 87-8 do B2 678 15.89 8 84 100-8 100-16 '74 9 10 6 20 14 8.09 12.57 15 64 do Ine Fd UnttAccumFd UnitedContFd UnitlncomeFc) UnitScienceFd Unit Fd Cnn Trophy Awarded The President's trophy of American Trucking association was awarded to Pacific Intermountain Express for having the best over -all safety record in 1960. The company is headquartered in Oakland, Calif. Twin Cities offices are at 2244 Ellis St. Paul. 13 66 17.09 21.75 15.57 9.34 9.36 18.23 23.04 13.29 15 69 16,31 18 29 19.86 do B3 do 64 do Kl do K2 do SI do 52 do S3 do S4 Chemical Fd 12.56 Colonial Ener 14.49 Colonial Fund 1 1 69 Comwlth Inc 9.77 do Investmt 10.30 do Stk Fd 17.89 Concord Fund 16.73 Corp leaders 20.57 Delaware Fd 13.00 Divert Grth St 1 1 .34 do Inv Fund 9.46 Dividend Shr 3.33 Dreyfus Fund 17.59 Bal 12 44 do Stk 14.13 Electronics Inv 7,85 Energy Fund 24,4.1 Fidelity Crip 20.28 do Fund 17.39 F.ducioryM 95 F.

I. F. 4 86 Value Line Fd 7.17 103-16 103-24 101-12 101-20 94-28 95-4 90-24 91 90-20 90-28 93-16 93-24 85-12 85-20 92-16 92-24 in dollart and '85-75 4s '60 3'At 37, '83-78 3V. '85 3V. 90 1c '95 u8 Pr.ee aueier' 8 3 75 8 3 87 thirty- 7 84 6 16 4.84 10.45 1 1 .64 17.93 16.70 14 65 do Fd Con 16,72 do IncomeFd 5 64 do Sol Sit 4.43 Wall St Inv xd9.56 Wash Mut Inv 10.65 Wellington Eq 16.50 Wellington Fd 15.32 Whitehall Fd 13 55 Wisconsin Fd 7.30 Ktiickerbckr Fd 6 52 teconds xPartially fax exempt.

CAN YOU SELL SECURITIES? lazard Fd 12,25 Lexington Tr 12.32 Manog Fd E'ec 3 07 do Gen Ind 3.91 Mass InvTrust 15.02 7 89 Bid Asked U.S. Treasury Notes -LOCAL INat I Ass'n Securities Dealers, Inc $75,000 PROGRAM Great Northern Market, 614 Hennepin has begun a $75,000 remodeling program to provide more aisle space and improved checkout service. The project is scheduled to be completed in six weeks. Thursday asked prices in dollars and Bid ond opproximole yield to and thirty-teconds THURSDAY The bid and asked prices da not reoresent actual transactions, but rather ore intended as guide to the price range on the list. Bid Asked AaroSenlt 2 2- 3.2 maturity Bid Asked Yield Rote Maturity 100-5 1 00-7 2.13 1 86I AmencanFlec Americoncite AmerPetroChem ArrPremierlnt AoncheRea'ry 99-20 99-24 100-16 100-18 100-25 100-27 100-8 100-10 99-4" 99-8 100- 28 100-30 101- 4 101-12 100-4: 100-6 98-6 98 10 100-24 98-28 98-30 96-24 97 101 101-4 32 14 4 3.2 2.1 5 10i'6l 262 262 262 462 562 862 862' 1062 1162 263 463 563 2 4 13 6 8 7.

6.6 27 6 3 22 1.3 4 1,5 2 IDS Managers Are Honored Seven divisional sales managers of Investors Diversified Services, will be the guests of Grady Clark, president of the company, this week-end. The managers, including William F. Pittman, of the midwestern divisional sales office in St. Paul, are being Crookston Firm Is Low Bidder OMAHA. Neb.

(Pi Army engineers said Otto J. Eik-hoff and Sons, of Crookston, was the apparent low bidder on construction of a 50-bed hospital at Grand Forks, N. air force base. The Eikhoff bid was or $28,485 under the government estimate. There were BUYSE TO TALK John Buyse, of the aero divison of Cornelius will address a dinner meeting of the Twin Cities chapter, Fluid Power society, at Jax cafe Thursday.

One of the nation's leading brokerage firms has openings for several new registered representatives in its expanding Minneapolis office. These men should be between 28 and 38, and have a background in sales or finance. While learning, they will be paid a salary; after indoctrination, they will train on the job. Later on, they will be sent to New York for further training. These men will work in Minnesota's newest and most modem brokerage office completely furnished with the latest scientific equipment.

In addition, the comprehensive research facilities of our main New York office will be at their disposal. Reply freely stating background and experience. All inquiries will be held confidential. Our employees know of this advertisement. 2:37 2.75 2.69 2.76 2 46 2 04 278 3 08 2.84 3.11 1 3 .29 I 3 23 3.38 3 30 3 32 3.54 3 43 1 3.63 I 3.61 I 3.6? 3 48 I 3 67 3 57 3.70 Arrivals Bnkertng Seek Buitieyfoods OarterOevgn, Chrom-04'te Commerc-tolRetin Consfngineering ContFreightwayt 99-27 563 99-2S 93-24 96 3 3 3.2 2 4 9 .5 PholoControl 3 2 3 6 PikQuik 2.2 3 Plostmeert 2 3 PossisMachine 14 6 16 ProductDet 1 I 6 PublishersVend 3 1 4.1 Rop-ln-Wa 11.2 12.6 RedOwt 65 69.2 Regoltnd 6 1 .4 Researchlnc 5 4 6 4 StPoulAmmonio 8 4 StPaulFiieMar 71 73 Schjeldahl 17 2 20 Securitylif 8 94 ServoEng 5 6 SoilSohd 1.6 2.4 SoaceStrucruret 4 6 5 6 Sprayfoil .6 4 8.4 StandardConv 8 SuoerValu 77 SuoElectronict .5 "1.1 lechAntorei ,16 2.4 ledetco 11 17 Telex 32 36 Televiso 15.4 16 4 TerasReseorch 3,1 3 7 TenotaOi! 6 II Therotron 1.3 1 .7 ThermoKing 34 35 4 ThermoTech 2 4 3.2 TimeSovert 1.6 2 4 titlelnt 64 Toro 22 4 25 TronsElectronici 9 Trulin 1 6 2.4 USBowlIng 15 2.1 WacoPonor 5 64 WashScient.fic 5 2 6 2 WesiStatetlife 13 2 WeyTimber 35 4 37.4 Whiteholl 14 2.2 WoodConvenion 9.6 11 Quotations furnithed by National Association of Securities Ceolert.

Bid Asked GenerolTaoe I 7 2.5 GreenGiant 34.2 38 GuarSeclns 74 9 ImpFinServ 29 IntPropertret 3 3.6 IDSA 268 283 InvSynCan 47 6 49 Jostent 57 Kahler 29 32 1 Kadiok 13 2.1 leyghtonPage 1,4 2.2 MogContrcs 12 14 AarthollWellt 335 370 Marctuette 117:12.7 Mortlnduttnet 22 3 McOuay 10.3 1 1 .5 Medicor I 2 Medtronict 9 1 1 MidAmetica 22.2 23.4 MidwestTech 15 17 Mimatlntt 4,1 4.7 MinneapohsGat 37.2 40.2 MinnElecfronia 4 5 MmnVaiNotGat 18.2 19.2 MinnPharrn 6 1.2 MurohvFin 22.4 24.2 Noegele 8 4 NotConnector 4 NorritDno 2.2 3 NoCenAirlines 8 9 NonhCentraICo 14.4 16 NoFlectromct 7 7.6 NWNationollife 101 1" NWPnoer 20 4 24 NWPiostics 6 4 7.4 NWPubServ 25 4 26 4 NWStotesPrtCem 61 4 65.4 Nu-lmelnd 5.2 62 OttertailPo 39 PacGarr-bleRDb 16 2 17,4 PatOentSupply 10.4 12 4.3 4.2 5" 10 1.1 108 11 17 27 19 25.4 7 34 42.4 103 103-4 94-20 94-28 102- 30 103 2 100-8 1 00-12 103- 30 104-2 93-20 93-28 103-22 103-26 97-16 92-24 103-6 103-10 103 1163 464 564 564 864 1074 1164 465 565 1065 Foreign Exchange FRIDAY nonored tor sales achievements in the final quarter of seven bidders. ContMarmt ConttolDato ConventionCenf DtrtnOisolay Dial finance DonaldsonCo Doughboylnd. Dutox ogleWoth Econlab HecPowerDoor ElectroMed 3.52 91-24 92 91 466 90-24 3.56 not to but Subiert to Federal loxet 93 6 15 24.2 17 4 23 3 2 4 39 2 6 6 3 2 3 6 6 2 2 4 70 61 2 10 94 3 6 1.7 start income taxes 7 6 4 2 4 6 Midwest Exchange Selected stocks at tde opening Friday: Net $tls gh low lost Chg ApacheGvp 500 20 6 20 3 20.3 .4 Standard Poor Index Sotet tumithed by Northwestern Nrj-tinnol Bonk Intemationol Banking Deportments Canada (dollars) i' 0CP.4 flritom (ooundl 2 78V5 Belgium (fionct .0201 Uraiil (cruieiroi) 0040 Denmark Ik'onerl .1445 F-onre (frond 2041 Holiond (florinl .2783 Germany Iwett morkl .51 MefCO foeeol -080! Norway (kronr '397 Holy (Ural 0016 Sweden Ikronol 'W Swtie-lond fronc WTESE NAMED Alvin Wiese, 47, Humbolt, was appointed by Gov. Andersen to a six-year term on the state soil conservation committee, an unsalaried post created by the 1961 legislature. 7.2 3 72 Noon Chg, from 1 Write Box MA: 951, Minneapolis Star and Tribune 65 2 Elect'oNuc Environ federal Int FirttBank fiis'Midweil FloTronict GenFlecCon 11 (CdnfxGO 600 1.6 I 1116 1.6 IHowa.dlnd 100 9 7 9 7 9 7 Molsfir 100 14 6 14 6 14 today Pr, Close 425 Industrial! 68 99 .56 25 tntlt 37.3S .13 50lltilitii St 27 30 SOOStockt 5 50 11.4 4 6 NnrlllGas 100 54 54 54 4- .1 1 VebcOf 100 9 4 9 4 9.4 2.5 I GenMogne'ict.