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The Montgomery Advertiser from Montgomery, Alabama • 13

Location:
Montgomery, Alabama
Issue Date:
Page:
13
Extracted Article Text (OCR)

PAGE 3B Stocks Over-the-counter Mutual Funds Commodities Markets At A Glance Market stretches gain for week to 26.94 points: Rising energy prices thrust wholesale rate up 0.3 percent Ntw York Stack Exchange 1233 advances, 393 declines. Most Active AT 6. 22V4V Sales: 140,260,000 Index: 104.641.33 Bonds: 145,600,000 American Stack Exchange 399 advances, 203 declines Most Active: BAT 41-16Vk Seles: 9,410,000 Index: 228.171.53 Bonds: $2,510,000 Over the Counter 1329 advances, 491 declines. Most active: MCI Comm 8 NASDAQ sales 95,507,900 NASDAQ composite: 287.464.19 NMS composite 1 21 .45 1 .87 cit problem could be dealt with. In the credit markets, prices of long-term government bonds, which move in the opposite direction from interest rates, jumped more than $10 for every $1,000 in face value.

Brokers said stock and bond prices also were helped by relief that the Treasury's $20.5 billion sale of bonds and notes this week had been completed with a reasonably good response. Another apparent plus was the government's report that the producer price index of finished goods rose 0.3 percent in April. Although the increase was a bit larger than the index has been showing in recent it came in at the low end of advance expectations on Wall Street. In the banking sector, which was very strong for the second straight session, Chase Manhattan added 2V6to 57; J.P. Morgan 1V4 to 51; Manufacturers Hanover 1 to 40; Banc One 2 to 33V4; Bankers Trust New York 3V to 71, and Republic New York 1 to 49.

NEW YORK (AP) Falling interest rates and hopes for progress in shrinking the federal budget deficit touched off a strong advance in stock prices Friday, carrying some market indicators to record highs. The Dow Jones average of 30 industrials climbed 13.91 to 1,274.18, stretching its gain for the week to 26.94 points. Volume on the New York Stock Exchange reached a three-month high of 140.26 million shares, against 110.99 million in the previous session. The day's gains left the Dow Jones industrial average short of its closing high of 1,299.36, reached March 1. But some other, broader yardsticks of stock price trends surpassed the peaks they established last month.

Early Friday, the Senate narrowly approved a three-year package of $295 billion in spending cuts. The measure still must be acted upon in the House of Representatives, where it is expected to face some stiff opposition. But Wall Street analysts said it nevertheless raised hopes among investors that the budget defi By JERRY ESTILL Associated Press Writer WASHINGTON Wholesale food prices fell at the sharpest rate in a year last month but rising energy costs sent the April producer price index up 0.3 percent, the government said Friday. The overall increase was the largest since November and marks the first time in the past 12 months the wholesale index, up 0.2 percent in February, has registered back-to-back gains. The April increase would translate to an annual rate of 3.8 percent nearly double last year's pace if extended for 12 consecutive months.

However, analysts were not concerned that the Labor Department report spelled bad news on the inflation front. THEY POINTED out that the 5.8 percent energy component rise that sent the overall index up actually was a measure of March activity and had already been reflected in the March consumer price index released a little over two weeks ago. Energy prices in the department's producer price index are based on a month-long average while other components are based on a one-time sample taken at mid-month and can be compiled more quickly. Except for the energy component, the producer price index tends to be an early indicator of overall inflation trends borne out by the department's subsequent consumer price index. The department is changing the procedure starting in July so the energy prices reported in the wholesale index are for the same month as its other components.

Gasoline prices were up 9.5 percent in the April report and heating oil rose 10.2 percent. Natural gas prices, on the other hand, declined .2 percent. Food prices dropped 1 percent, the fourth consecutive decline, and the largest since an identical 1 percent decline in April 1984. Prices for consumer goods other than food and energy edged down 0.2 percent, after a 0.6 percent increase in March. DAVID WYSS, an economist with the forecasting firm Data Resources Inc.

in Lexington, said the April figure "came in just a little higher than we thought, but we don't see it as terribly bad news." "The energy price was already accounted for in the CPI and is really a reflection of the extremely low prices of winter correcting themselves rather than a serious threat," he said. His firm continues to project wholesale inflation for 1985 at 2 percent just slightly up from the 1.8 percent figure recorded in 1984 and between 3.5 percent and 4 percent at the retail level. Frantz Price, who specializes in wholesale price movements for Chase Econometrics in Bala Cynwyd, said the runup in energy prices had been anticipated because of price firming on the spot petroleum market a few weeks ago. Dow Jones Averages STOCKS Open High La Close Chg 1268.99 1282.46 1281.59 1274.1813.91 20Trn 610.27 621.46 607.06 617.0312.73 15 Utl 159.31 160.60 158.19 159.73 0.62 65 Stk 520.45 526.86 517.39 523.45 6.55 Indus 16,462,400 Tran 7,913,400 Utlll 2,635,700 65 Stk 27,011,500 Bonds 75.750.29 72.900.43 78.610.16 122.430.66 20 Bonds 10 Public Utll 10 Industrials Commod futures iMtt MovStr .151 MiiaanMstfHTCiiee I SSI CbH Of 2 14 ft 51 8ft 2 2- ft 188 8ft 41 12 ft MovleL Murpln MuseAr Myerln AMEX Friday's volume 9,410,000 shares sms lax cum Oa GldFId 274 15-16 GorRp 1 19 ft GrndAu .40 4 1Sft ft Grant 31 8 Grant wt 18 lft GrTech 34 1114- ft GIAml 6 3414 GrtlkC .44 87 37 Grenm 594 2714 ft Grelner 63 11 GrdCh 37 12 ft GlfCd .52 3936 14 Glfstr .40 19 30- ft 162 16ft ft 21 7ft 1 13ft- 'A NRM Nantck NtGsO Most active stocks. NtPatnt NelsLB NMxAr 402 14ft ft 85 13-16 1-16 2 18ft ft 77 15ft ft .10 .791 1.02 1.20e Seles SellgAs Semtch Srvlsco Servo Servotr Seton ShaerS Sharon Shopwl SlerHS SlerSp Slercn Slfco SlkesA SlmcoS SmthA SmthB Snyder Solitron SCEd pf SCEdpf SCEd pf SCEd pf SCEdpf SCEd pf SCEd pf SCEd pf PlnRt 32 ISft .52 1055 46 NProc NYTIme NewbE Newcor 14 4 .12 l.OOe .40 .20 .20 .60 .60 2.00 1.02 1.06 1.08 1.19 4.08 1.45 1.30 2.30 1.00 .09 .24 .32 .68 36 7ft 4 15ft 23 8ft- ft 55 28ft1ft 15 1 1-16 HAL HUBC Hamptl Hanfrd Harvey 2 12 'A 3 14- Vt 1.50 1 1 -1-16 41-16 14 18ft 13 12 15 4V 2 6 14 1,612,800 393,600 376,500 330,400 262,400 251,700 188,400 183,000 152,600 123,000 BAT Ind GulfCan WangLabB WstDlgltal Data Prod TexasAlrCp AM Intl DomePtrl Nlchlnst Amdahl NwpEi Nlclnsn ll Om De 59 6ft- ft 30 5 21 3 ft 10 10ft, ft 11 9ft 56 10 ft 80 15ft- 30 llft-r ft 40 6 16ft 110 14- ft 28 10- ft 29 10ft- ft 18 5 45 14 ft 4 3 108 18 13 17 ft 64 15ft- ft 224 7ft ft 5 9 11 9 70 10 ft 10 10 ft 150 47 ft 3 13 ft 5 39 4 21ft- ft 21 6ftr- ft 24 7 22 20 ft 3 8 15 8ft ft 20 lft.

16 5- ft 211 20ft- 29 77 1 10 8ft- ft 1 17- ft 1 19ft- ft 7 5'A ft 17 lft 17 19VW ft 126 8ft ft 2 2- ft 12 5 1526 6 47 12 98 2ft 15 1138 32 ft icnois Nolex NordR 147 36ft ft 12 31 ft 23 20 26 llft ft 22 15 ft 2.06e HasDr Hasbr pf Hasting HlthCre HlthCh HlthEx HelthM NoCdOg P5 ot 4.25 2820 33l 27 2 2 ft 67 7ft ft 81 9ft- ft 13 12- ft 3 8ft ft 74 15 ft 4 2ft- ft NuHrzn NuHr wt NuclDt Numac 37 8 ft .64 .10 StKl leli dm 12 26 34 9ft- Vt .20 Clopay HelnWr Helnlck Heldor Hellont HelmR HershO 121 5- ft 16 4ft- Vt 30 9Va ft 79 6Vt Va Sprkmn Sprk pf Spctro Spencer Spndth Spndt wt StHavn StdPrd StdShr Stanwd LogniTr Cohu ColF wt Comfed 3 1 31 5 125 8Vt 9 20ft ft 66 3Vt 19 14 30 9- Vt 46 17 ft OEA Oakwd OdetA OdetB 345 ft Vt Congress serves notice it still wants Amtrak aid WASHINGTON (AP) While Amtrak is expected to get less money than it wants, Congress is making clear it's in no mood to go along with the Reagan administration's hopes of ending federal support for the national passenger railroad. The Republican-run Senate rebuffed the GOP administration early Friday and agreed to support Amtrak at a reduced level next fiscal year, cutting subsidies by 12 percent. President Reagan, who has cited Amtrak as a symbol of unnecessary government spending, wanted to eliminate the subsidy entirely. The next showdown on Amtrak comes before the House Energy and Commerce Committee next week, where members are also debating how much of a reduction Amtrak can absorb but giving little thought to eliminating it altogether. There is no sentiment in the committee for cuts severe enough to force the railroad out of business, and it's unlikely the panel will want to reduce spending beyond the level earmarked by the Senate, one committee source said.

"We have switched from facing a situation of closing down Amtrak to just discussing how much of a cut that we can take," said one Amtrak official, who has been keeping close tabs on the budget debate on Capitol Hill. This official, speaking on the condition that he not be identified, described the atmosphere at Amtrak headquarters Friday as jubilant as a result of the Senate vote, although he warned even with the cuts called for by the Senate resolution "we're talking about a very constrained budget." Under the Senate approved budget plan, which was passed after a marathon 18-hour session Thursday and early Friday, Amtrak's current $684 million subsidy would be cut by 12 percent in 1986, 25 percent in 1987 and 40 percent in 1988. Amtrak President W. Graham Claytor has told Congress he could live with a subsidy reduction of about 10 percent. 1 7 Hlndrl Hiptron Hofman HollyCp 3 2- ft 3 10ft 3 0ft Comlnc ComdrC Compo CompD CmpCn CmpFct 8W ft 9Vt Vt 7ft- 'A 4 14 19 33ft ft 285 2 536 16 StarrtH Stepan OhArt Olsten 61 19 ft 597 11- ft Mormi HrnHor HrnH wt 8 ft 5 5ft ft Stricap SterlEI 2 3 1.08 .711 .271 1.80 OOklep Openh 4 17ft 'A 2 6ft 37 16 ft 9 7ft ft 5 'A Lncnm ConcdF Connly StrlExt SterlSft 55 4ft ft .24 .24 .15 .20 .72 .421 .20 HotlPty HotIP wt HouOT 10 8 urioin a OriolH 10 10'A- Va 5- ft 395 4ft StrulW 4 lft Ormand 63 19 'A 173 8 A ConrHm Conqst 23 16 A 3 11- A HovnE Howlln 18 40ft- SumiiE SumtE pt 1.80 OSullvn OxtrdF 87 4A A 120 10i ft HubelB 10 8 ft 84 40 saw 456 9 ozafKW 1.52 2.06 .40 .15 566 llft .48 18 19 Hubbl pt HudGn Husky 58 15ft 372 a 62 21ftl 1 13ft 8 7W- ft 20 16 70 26ft Vi 100 lft 24 13- 79 16 ft 120 5 ft 22 22 5 5ft- ft 32 lift- ft conq wt ConsOG vIContA CntA pf ContMtl Coradian CosCr CosCr wt CntCrd Courtld Crwfrd .36 SuprFd SupCre Suplnd SuprSr Susqueh Swittln Svnalov I 185 ft 13 2ft-9 26 12ft-3 12 PGEpfA PGEpfB PGEpfC PGEofO 1.20 4 llft 100 6ft ft 100 1 1-16 72 93 162 6 134 10 .25 ICH ICO IPM IRT Cd 64 10- ft SystEn 30 1-16 4 10ft 9 33 16 31ft Cross CrowIM CrnCP 1.32 1.00 1.92 .071 1.60 ImpGp Implnd ImpOII Inflght 319 27 7 2ft- ft 20 12 61 2 Vt 38 lft ft 151 37 ft 216 10'A- ft 562 26ft 166 1ft 13 2ft 20 2 674 19 ft 1.50 1.37 1.25 1.25 1.25 1.20 4.34 4.06 3.20 2.57 2.32 2.54 2.62 1.12 2.37 2.05 2.00 1.96 2.25 2.04 2.32 PGEpfE PGEpfG PGEpfF PGEpfZ PGEpfY PGEpfW PGEpfV PGEpfT PGEpfS PGEpfH PGEpfR PGEpfP PGEpfO 57 31 1 34ft 4 14 Vd 15 22ft 1 5ft- ft 24 16ft- Vt 447 13-16 349 2A 43 19V1 ft 17 24- ft 98 1 ft .28 CwCP pf CrownC Crown) CrutcR CrystO Cubic .251 AP wtrepboto Instron InstSy InsSy pf IntCfy Intmk IntBknt .40 1135 10 A A ADl 81 5 ft AL Lab .20 174 14 AMC .12 163 18 ft AM Intl 1884 4ft ATT Fd 5.07a 103 80ft1ft AcmePr 5 2 AcmeU .32 8 10VI ft Action 95 10 ft Acton 200 3ft ft Actn wt 3 5-14 AdmRs 29 lft ft AdRusI .14 38 28- Adobe .28 30 17 Aeronc 13 5- AfllPb .60 58 43 1 AlrExp 1 6ft ft AlrCaf 287 9 ft ArCal pt 671 11 Alamco 361 1 ft Almlton 53 95 lft AlgC wt 1 75 3 AlnTre 12 2- 'A Aloha 28 Alphaln .05 91 12 A Alfex 1874 ft- ft Altex wt 200 3-16 1-16 AliaCp 820 25 Amdahl .20 1230 14 Amedco .08 95 7ft 1 AmBllt .15 77 8- AmCap 5 7 ft AExpwt 970 36ftl AFruc A 11500 6 ft AHIthM 135 10 'A Alsrael 32 6 AMzeA .52 4 14ft 'A AMBId 17417-16-1-16 AmOII 20 4 APetf 3.20 4 58- ft AmPIn 5 ft APrec x6 13'A AmRlly 10 6 ft ARoyI 276 15 ASciE 76 3 ft Ampal .06 93 2ft Andal 30 5ft AndJcb 110 4ft Andrea .72 2 13 ft Angles 96 8ft Angel wt 6 lft vlAngl 77 2'- ft ArgoPI 165 5ft Ariev 3 6- Armtrn 11 6 Armel 10 9 ArrowA .20 19 8' Arundl 3 201 Asmr .15 39 8ft Astrex 104 11V! A Astrotc 1178 lft- ft Astrot pf .45 47 12ft AtlsCM 144 lft Atlas wt 8 3 ft Audlotr 8 4ft- Vs AutoSw 1.00a 752 43ft Avondl .80 12 16 ft Curtice CustEn 12 33 12 250 3ft ft 377 ft- 1-16 25 21 ft 32 21ft ft 12 9 ft 243 20 ft 58 17ft ft 6 17ft i 34 16 13 18 15 17ft ft 3 19ft- 11 9 25 21 ntBk wt ntHyd IP 48 7ft ft 7 10 Cartoon fixture Gumby lobbies for Amtrak Congress urged not to cut subsidy IntProt PGEpfM PGEpfL PGEpfK PGEpfJ PGEptl PGTrn intThr InThr pf IntDta 1.09 1.24 17 2 484 8'A ft 205 8ft ft 21 lft- ft 35 28 .08 30 3ft 30 2ft- ft 10 6'A 231 4ft 2.50 6 19 3.75 14 2)ft ft .16 2624 12 48 4ft 8 5- ft Ionics Isaly DWG DamnC Damson Dams pf Dams pf DataPd Datarm DeRose Decrat Del Lab DelVal Delmed Dsgntrn Desgnl DevTCp DlagA Dlag 1 5ft- ft 1 32'A 'A 26 15 ft .52 1.68 Trade troubles linked to oncoming slowdown 'TStr .511 127 7 ft TEC 13 12ft TIE 667 6ft ft Til 35 11- ft TabPrd .20 58 18 ft Tasty .40 42 14ft ft Team 4 3- ft TchAm 25 2 ft TchSym 91 16- ft TechOp 6 58 TechTp 55 4 Techtrl .30 11 16- ft TeionR Z4550199 6 Telecon 7 2 ft Telflex .44 82 27 ft TelDta 8 9ft- ft Telscl 51 8ft ft Telesph 370 3 ft TexCdg 1.20 11 25 ft TexAIr 2517 15 1 TexAE .391 36 6 ft TexAE pf 7 19ft Txscan 207 3ft ft ThrD .06 132 3 ThrD A .10 54 3- ft Tldwell 28 3ft ft TolEd pf 4.25 1100 29 ft TolEdpf 7.76 Z50 52ft-3 Tortel .391 75 8 ft TotlPt .24 26 lift TotPfwt 301516-1-16 TotPI pf 2.88 5 24- ft TrnsLx 20 12 ft TrnsTec .64 84 17ft Tranzon .40 5 15ft ft TrISM 6 9ft TrlaCp .691 4 9ft TrIHme 4 5 ft Trldex 29 6ft ft TubMex 40 3- ft Tultex .44 43 13ft- ft TurnrC 1.20 8 27 ft Tylrwts 115 2 ft 925 3ft Vt Jaclyn Jacobs Jet Am jelAwl Jetron JohnPd .921 19 5'A ft 8 8 ft 3 13 ft 23 6ft ft 6 6ft 44 15ft- 'A 51 2ft 20 7-16- 1-16 .20 PacLt pf PacLI pf Paclfpf Pageg PallCp Pantast ParkCh PatTch PayFon PUMG PEC Isr PenEM PenTr PE Cp Pen RE Penrll Pentrn PerlnIC Perlnll Perlnl pf PetLw PetLwt PetLe pf PetLe pf PetLe pf PhlILD PlcoPd Pier 1 wt johnAm Johnlnd JmpJk Jupiter KnGs pf KapokC 108 58 .20 27 4 ft 45 7ft 77 9 uiattrn Dlglcon Dlglc wt Dlllrd Diodes DlrAct Dlxlco DomeP DmeP wt Oomtr Downey 3 14 ft 11 6 113 2ft ft 15 ft .491 15 7ft ft 13 3ft- ft .30 68 10ft- ft 56 7 ft 23 4 1 33V4 ft 4.50 120 35 ft 10 2 .20 60 16ft ft .40 2 13 ft .581 75 17ft .20 14 8 .20 358 9ft 'A 5 5ft 40 1 ft 20 7 99 3 ft 61 4ft ft 29 4ft ft 105 3ft 52 4ft 2 2ft- ft 103 14ft ft 85 12 2.32 106 26- ft 1830 2'A-M6 699 13 1-16 65 26 ft 1.40 Kayip KearN Ketchm KeyCo KeyPh KeyCe KeyCa wt KeyCa un Kidde wt Kllern 136 13 ft 11 1- ft 4.36 zlOO 37ft- 4.50 z20 39 ft 5.00 Z50 44ft- 27 ft .48 307 34ft1ft 69 7ft ft 1 21ft ft 37 9ft 4 4 ft 2 7 ZlOO 12 ft 1.20a 16 40- ft 1.20 113 22ft ft 115 lft ft 2.40 26 38ft ft .20 42 1 2ft ft 279 lft .80 4 26 ft 21 13 1.10 26 11- ft 371 3ft ft 85 516 1.65 26 7 2.28 17 9ft 3.33 611 13ft- 100 2ft- ft 26 4 ft 3 3- ft 20 4 .54 1 5- ft .40 11 13ft ft 1.80 53 70ft .08 15 6ft ft .30 32 18 12 14 ft 65 4 59 9ft- 22 14 ft 12 26- ft 17 7 .92 7 20 ft .12 3 6ft 713-16 .88 6 lift- ft 81 3ft 1.52 44 20- ft 2.04 20 29A 2.34 2 19 ft 4.37 33 32ft- ft 97 3ft 158 29 .80 .92 161284 1-16 ft 1135 13-16 1 uruier Ducom Dunlop Duplex DurTst Dynlct Dyneer .19 128 41ftl 30 2 4 31ft 'A 29 15 ft 927 14 .278 61 3- 'A 20 9i Vl 2 20- ft Klnark Klrby Kit Mfg KleerV Knogo Knoll KogerC USR Ind 4 14- Vt 33 9 'A 2 3 5 24 Va 2.78e 36 7- ft Ultmt Unlcorp Unlcp pf Unlmr UAIrPd UnCosF Food A UFoodB .40 EAC EECO ERC EaglCI .75 .50 .10 90 14ft ft 40 6 ft 62 2ft Vi By MARTIN CRUTSINGER Associated Press Writer HOT SPRINGS, Va.

The U.S. economy will suffer a "decided slowdown" over the next 18 months as a result of the country's disastrous international trading performance, top American business leaders predicted Friday. While the leaders of America's biggest companies did not forecast a recession this year or next, their outlook was decidedly more pessimistic than the Reagan administration's current projections. They forecast overall economic growth this year of 3.1 percent, with an even weaker 2.2 percent level predicted for 1986. This would be sharply lower than the 6.8 percent growth rate turned in during 1984.

The administration is forecasting growth of 3.9 percent this year and 4 percent in 1986. But the executives said they were cheered by Senate passage of a deficit reduction package early Friday, calling it a vital first step needed to fight the twin problems of soaring budget and trade deficits. THE FORECAST came from the Business Council, composed of 200 corporate executives from such industry giants as Exxon, General Motors and International Business Machines. The business leaders, in their economic forecast, cited the battering that domestic industries are taking from foreign competition as the principal reason for a weakening U.S. economy.

Growth during the first three months of 1985 slumped to an annual rate of 1.3 percent, the weakest performance since the end of the 1981-82 recession. While the administration has denied any link between high budget deficits and the trade problem, the business leaders cited the red ink as a key reason the dollar is remaining strong. The high value of the dollar attracts cheaper imports to this country while making U.S. goods more expensive to sell on overseas markets. 6- 7 4V 'A 2ft 7ft Vs 16 5 37 35 4 40 PlonrSy Pltwva PltDM Pittway Plzzaln PIcrD PlyGm PopeEv PortSys PostlPr PowrT PralrO PrattL PratIRd PremRs PresR A Presld PrpCT ProvEn Pgt pfC Pgt pfE PuntaG LSB 3 22- 'A 8 37- ft .20 30 2ft ft 455 13 563 22 18 88 10 5 18ft ft 9 19- ft 65 m- ft 9 1 23 UUk ft 56 19.

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However, a company statement Friday added, "There should be no assumption that a transaction with Mr. Cooke will occur." Multimedia owns 43 newspapers, including The Advertiser and The Alabama Journal, produces and syndicates the Phil Donahue television show, and owns five television stations, 10 radio stations and more than 100 cable television stations. THE COMPANY recently turned aside two attempted takeover bids, including a $1.05 billion offer from Cooke in April to purchase the company's outstanding stock at $63 a share. Multimedia was trading at $57.25 a share over the counter at Friday, up a share from Thursday. In rejecting Cooke's original bid, Multimedia said representatives of the firms' founding families and certain members of management had approved a recapitalization plan to ensure control of the company.

The firm's founding families Peace, Jolley, Furman and Sisk control about 43 percent of the company's common stock. Cooke accused the families, working through Wall Street investment bankers, of offering institutional investors who control some 8 percent of the company's stock the opportunity to buy shares of the reorganized company "advantageously" in exchange for their support of the proposed recapitalization. Under the terms of the recapitalization plan, each Multimedia share will be exchanged for $41.25 in cash and $26.54 face amount of 16 percent subordinated discount debentures. 95 14ft ft 34 14 ft 10 32 12 2 34 16 7- 'A 13 evt ft 6 5ft ft Verne Vernlt Vertple Vletech Vlcon Vlntge 9ft ft ft ft 8 ft 7 ft 3 ft 4 ft 5 12 Vt 114 3 76 15- 'A 33 20VS 'A 28 13Vj- 6 31 Vt 25 33 Vt 25 3t 'A 29 13ft- ft 3 2 0 33 LynCSy LynchC 26 15 ft 10 9ft ft 16 11 'A 5 63 13 8ft ft II 11 ft .30 .36 23 5't- Vt virco Valntl VlsualO Voplex WTC .50 .60 116 4- ft 1 10 ft w-W 8 27V4 Vt 234 12 3 13ft .40 36 7 ft 2 23ft 6 15ft ft 24 12ft Vi 39 7 'A 34 24ft WCOV-TV reported sold to Louisiana man .20 1.00a .80 .681 4.00 .70 1.381 FPA Fldate FtConn FWymB FlschP FltcGE FltGE pf FlenEn FlaRck Fluke Foodrm Foote pf Queb .36 29 24 ft RAI .351 11 6ft ft RMS El 4 3- ft RTC 3 2 Ragen .12 11 16ft Ransbg .72 89 16 ft Ratlltf 2 lft Raven .42 6 12ft- ft RtlncT I 8 ft RltSo un 136 16ft- ft Redlew 376 4ft RegalB 52 13ft- ft Resrt A 507 46 Resrt 1200 50ftl RestAic 4 7 ft RexNor .10 18 4ft ft RlbletP .20 12 10 ft RIoAl a .60 3 16ft- ft RIoGDr 1311-16 Rckwy a .56 X153 26 Rogers .12 32 34 ft RoonP 159 3ft- ft RoyPlm 11 4- ft Rudlck 1 29 ft RBW 19 6- ft Russell .30 53 1 5ft Rykoff .50 43 20 3765 18ft ft .16 weiber Walco WangB WengC WrnCwt WlhH i .11 6 10 9 29 41 'A 20 15- Vl 54 300 26ft ft 59 10 ft 2 32 73 2 Vt 28 18Vt- 28 12 'A .96 1.60 .20 .16 78 8'A- ft FthlllG FordCn 14.00 1550 94 ft 10 6 WshPst WRIT Watic A Watsc wthfrd Aebcor Wtdco ForsstL 99 13 Vt 1.28 .60 42 23 7 5A 558 21ft ft 69 1- ft 31 6ft Vi 14 22A 95 8ft- ft 7 17ft ft 55 1 12 8 ft 66118ft- ft 10 24 3 9ft ft 6 11 54 5 17 1 10 "j'A ft 27 14ft- ft 5 5 ft 8 7 41 10- ft 1 26'A ft 12 lft ft 110 39 ft 453 9ft1ft 92 0ft ft 20 Vl Fotomt FrdHly FreqEI FrlesE Frlona FrUch FrntHd FurVlt .801 .32 49 18 .50 .22 45 22ft1ft wedtc Welmen wldTb Weldtrn Wesco Wespcp WTx pf 11 7Va 93 16) 103 2Vt-259 14 10 21-1 32- 377 14ft ft .029 .14 .021 .62 4.40 .20 .28 .64 263 lift 3 6 ft 98 7ft 20 9 23 4 ft MCO Hd 31 13ft- ft MCO Rs 67 2'A ft MSA 32 9 ft MSA wt 17 1 MSI Dt 30 8ft- ft MSR 23 3ft ft MacGrg 121 12ft- Vt MacScn .16 169 11 Macrod 30 lft MePS .351 19 12 ft Malert 2 9 ft Mangd 15 14ft- MrthOf 25 4ft ft MrkIVs 24 ft Mrshln 188 17 MartPr 28 28ft ft Maslnd 65 16 Matec 3 6- ft MatRsh .12 87 17ft ft MatSc 156 14 Matrix 147 24ftl MayEng 2.00 36 15ft- ft Mayflw 139 3Sft ft McCOG 2.00e 168 9 ft McDow 4 4 ft McRae A .10 15 2 McRae Vs Medalst 9ft Media 1.16 1017 81 ft Medlq .20 7 16 ft MEMCO 1.16 1 30- ft MercSL .371 27 6ft ft MetPro .15 24 16 ft Metex 15 20 MetroC 1 21ft ft MchGn 236 6 ft MldAm .44 13 10 ft Mldlnd .40 12 25 ft MtchlE .24 1125 15ft ft MlteCp 1.00 1 63ft MonMg .60 16 10 ft MonP pf 4.50 170 3tft2ft MoogA .28 142 1 5ft ft MtgRtwt 61 3- ft MlgGth 1.56 330 16ft Mortrn 10 1ft ft MtMed 1 'ft 5 2 SFM SFN pfA Salem SDgo pf SDgo pf SDgo pf aa 4 7 5 12'A- Vl 3304 31 lOVt 9 84 ZlOO 80ft- ft 7.80 1500 65 ft 1.54 CDI CHB CMI Cp CMX Cp CRS CaesNJ CagleA CalRE Calmt Calton Caltn wt Calprop Cameo Campnl CMarcg CdnOcc CWIne Cerdlff Cerdll CareA CareEn CaroP pf Catblan CastIA CasFd Centenl Centl pf CenMpf CentSe Cefec ChmpH ChmpP ChtMA ChiMB ChrtM pf ChlRv ChfDv Chlltns Citadel CIIFit Clarmt ClarkC Clarost .10 5.00 .80 2.20a 2.47 1 21ft 4.65 29 36- WCOV-TV, the Montgomery CBS affiliate, has been sold to a Louisiana broadcaster, according to an announcement Friday by the station and the new owner. The station, Channel 20, was bought by David Woods of West Monroe, La.

According to the announcement, Woods was reared in Dothan, where he began his radio and television career at stations owned by his father, Charles Woods. The transaction is subject to approval by the Federal Communications Commission. Woods is general manager of KARD-TV in West Monroe. The announcement said he intends to resign from that position and move to Montgomery when ownership of WCOV is transferred to him. He is a graduate of the University of Alabama, where he majored in broadcasting.

WCOV-TV began operations at its present location at 1369 Adrian Lane in April 1953. It was founded by Oscar Covington and Associates, who. sold the station, along with a companion AM radio station, to Gay-Bell Stations of Lexington, in 1964. It has been operated by Gay-Bell since then. In Friday's announcement, Harry C.

Barfield, president of WCOV-TV, said, "The sale of WCOV-TV, coupled with the recent disposition of the AM facility, will enable the parent company to make needed improvements to its station at Lexington, Ky." Woods' father, Charles Woods, a veteran who was badly disfigured in a World War II plane crash, ran for governor in 1966, 1970 and 1978. He ran third behind Gov. George C. Wallace and Albert Brewer in 1970 and was narrowly beaten in the 1974 primary for lieutenant governor by Jere Beasley. He quit politics after a poor showing in 1978.

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