The Montgomery Advertiser from Montgomery, Alabama • 15

I MONTGOMERY. ALABAMA TUESDAY, DECEMBER 3.1985 PAGE SB jc.v r- Dow Jones Industrial Average 30 leading industrial stocks uto 14M- 1-457 1440 1430 14J0- 1410 1400 i3o i i i i i i i i i i Mon Tim Wtd Trw Fri Men Tim Wtd Thti Fri Yf-S. a x- WAKA-TV To Be Sole CBS Affiliate By FRANK PRICE Advertiser Staff Writer WAKA-TV wifl become the sole CBS network affiliate in the Montgomery market on Jan. 1, 1986. and WCOV-TV will become an independent station, the owners of both stations said Monday.

WAKA, channel 8, will become the "sole" and exclusive CBS network affiliate," said Don Clancy. CBS vice president for affiliate relations, from New York. David Woods, the new owner of WCOV. channel 20, said his purchase from Gay-Bell Stations of Lexington, was completed Monday afternoon. He said the sellers requested that he not disclose the purchase price.

Woods said the loss of network affiliation would not affect WCOVs afternoon programming, which consists mainly of syndicated shows. "The change will come in evening prime time, from seven to 10," he said. "We'll be showing first-rate movies. We've bought several hundred titles." The affiliation change had been scheduled for March, but was moved forward because of the sale of WCOV to Woods, according to Jeff Malickson, attorney for Bahakel Communications, owner of WAKA. Malickson said CBS gave the required one-year notification to WCOV Dow Takes Steepest Drop Since Early August Artist's rendering of WAKA-TV's plans for East Boulevard building new studio is in rear; main building will be in front of present office? that it was canceling its affiliation last March.

However, the network was not required to transfer the affiliation to the new owner, he said. Company President Cy Bahakel said the new owner of WCOV was allowed to keep the CBS affiliation through the end of December "as a courtesy." The Charlotte, N.C.- based Bahakel bought WAKA in August, after selling WKAB-TV, channel 32. The company is in the process of moving WAKA's operations from Selma to president of television stations, said, "WSFA is in for a rude WSFA-TV, channel 12, has been he sales and ratings leader in the Montgomery market for more than 30 years. Bahakel said the company will eventually install equipment to enlarge WAKA's coverage area by 1,000 square miles. Woods said the entry of an independent station "will be good for the city of Montgomery because people will have a fourth option of over-the-air signals to watch." Bahakel declined to reveal the cost of acquiring WAKA, but said when the company's construction plans are completed in 12 months, the total cost will have been $30 million to $35 million.

WAKA is building a new studio and expanding its building on East Boulevard. The station broadcasts from Lowndes County. Frank Morock, station manager of WAKA, said the station will not have any equipment over a year old. Pointing to crates containing new videotape machines, Don Krauss, vice Markets At A Glance Mi Vm ttocl ticDanet SM advances, 1056 decline. Moll Active Ball G4.E JJVtVtj Sain: 103.SX.000 Index: IIS 3 Bonds: 136,320.000 America Hack Icltenge 15 advance, ill decline Most Active: Direct Action -V Sales: 1060,009 Index: 141.37-0 Bondl W.lvO.OOO Over-Tho Ceuntof 753 advancat.

lit decline. Mott actlva dollar valua: Aifln Frangtrancat 42VJA Most active volume: Convergent 11V uncfi NASDAQ teles: 15.754,000 NASDAQ compoiltl: 312 95-1 00 NMS composite: 133 NEW YORK (AP)-Selling pressures pushed down stock prices Monday and sent the Dow Jones industrial average on its steepest slide since late summer. The Dow Jones average of 30 industrials feu 14.22 to 1,457.91 at the close. It was the biggest one-day drop in the blue chip index since Aug. when it slumped 21.73.

But the sell-off came on only moderate volume. Volume on the New York Stock Exchange came to 103.53 million shares, up from 84.06 million shares traded in Friday's post-holiday session but not strong by recent standards. Analysts have been expecting that traders would eventually take profits made during the market's recent advance to record levels. "It seems to be mostly routine profit-taking following the big runup we've had. You can't go up every day," said Eldon Grimm, senior vice president at Birr, Wilson Co.

in New York. Larry Wachtel, market analyst at Prudential-Bache Securities said stocks were lit. (km 4 Servo Dow Jones Averages STOCKS Opea High La Close Cl9 MtMed MovStr MovieL Murpln Musewt A IV EX Monday's Volume 9,080,000 Shares 23 5 3 14 1 7 4 1- 6(1-16 2( II GlobNR GoidW GidFid GouldT Granarn GrahMc GrndAU Grant 1471 33 147 24 1451.2 1457 11-14 M9.9 e40S M3.70 7 27- 104 loot 32 I 706 40 163.47 164 44 163 40 161 41- 0.41 Servotr Seton Sheers Sheron Shopwl I SierHS rt SerSp ft Siercn SHco SikesA 131 3 2 146 161 1 29 30 746 13 546- 10 19' 3 I- 11 12 16 36- 97 25- 2 11' 42 12 Vt N-N 3 60 329 1346- 30 Ind MTrn lSUtl eSStk mdui Tran Utllt 65 Stk SM.eS Ml 36 Hl.U 314.17- 4 35 10,634, S00 6,331,900 16,125,500 GrTech GrtLkC Grenm 6 Greiner GrdCh GUCd Most Active Stocks 52 1S42 14- 2 60 .10 .79 105 1.206 .60 32 1.50 22 I I' 49 10- Vt 139 9 I7 67 154a 47 2t 627 10 1- 215 4746- II 4 4 11 31 15- II 17 40 5 35 II 1346- to'Tirr Gull Bonds Myerln NRMn New pi Nentct M'GsO NtPetnl NMnAr NPInRt NProc hVVldPri NYTimei NewbE Newcor Mew LI It NwpEI Nichln ft Nichols Noel ind Noiex NCdOg nips pi NuHn 2 I 60 2 10'- "1 ft-U -Me Ve Ve 13V4 41-16 10 19 1( 14H 4V 663,700 341,100 331.200 166.400 159,500 154,200 147,500 DlractActn DomaPtrl Echo Bay BAT Ind KtyPharm AM Intl ChartMdA WangLabB GultCan Wlckai 6ta 43 2046 HAL HWG HUBC Halifax Halml II 5- Vt .06 20 Bondl 10 Public Ulll 10 Induitrlali Com mod future! il.S7-0.14 0 06-0 21 3 06-0 01 122150.51 73 246 4 172 1 94 157 9 47 4'- 250 4 302 10 35 I'- Vt IS 2- 17 26- ,9 .056 .50 .15 2 00 na- 'W 1 10 .161 10 12 09 114 104 1.00 2 1246 1190 7-16 1-16 .1 37 II 11 6 .271 947 .201 14 7 ,10 3 4 .20 43 11 5 344 -7 3- .10 25 2346 (0 39 23' 1.12 91 29- 4 (7 7- SS 9 2 1 02 25 10 Vt 1 06 13 10- Vt IN 4 10 Vt 1.19 I 11- 1 45 14' Vt 2 30 6 25- 2 21 2 22' I 70 10 I41VI 19 ID 15 7 Vt .061 10 4 1H- .04 63 41 4 10 1 i 10 DOT II 72 19 9' 47 1 746 29 I .72 1 22- Vt I 546 .25 11 llt Vt 99 946-. 12 14t- .121 3 5 7-, Vt 1 .40 II 2246 Vt .440 49 4 133 l-e .20 II 111 .3 19 ll-i It 4 4 42 1 1.20 x7 24 Vt 14 3- .10 152 5- 92 1 229 35- 4 25 11790 33- 3 346- i a i Vm ten Of at Silvrcit SimcoS SrnttiA SmthB Smth pi Solitron SorgPr ft SoTex SCEdpl SCEdpt SCEd pf SCEdpl SCEd pf SCEdpl SCEdpf SCEdpl SCEd pi SpedOP Spencer Spndth it StHavn StHav wt StdSitr Stanwd StarrtH Statu Stepan StrlCap StrlExt Steristt StrutW SumitE SunCty SunSL Sunjr I 5-16 1-16 1 40'- 7 31 Vt NuHr wl NuclDt Numec 25 5- 261 94- -O-O A A a it .16 31 HVl- Ui 326 11 1119 VI II 19 Haimi wl Hamptl Mndym it Hanlrd Harvey Hesbri Hasbr pt Halting HII HiihCr i Hitncit HllhEx HelthM Heinwr Heinick Heldor Heliont MeimR HerjhO Hindrl Hlprron 45 9 26 14 61 I- 34 111 14 20 I .01 11 16 30 7 1 I It 64 .206 OEA Oafcwd OdetAit OdeiB OhArt Oiiaind Olsten Oppenh ClarkC Curoit Clopay I Cognifr Conu ColF wt Comted Cominc CompO CmpCn CmpFct Cncnm I Coned 64 15 .10 5 52e .32 11 24 2 2046- Vt 21 26 Vt 197 4'- ADIn AL Lab I AWCl AM Intl AOI ATT Fd AcmeU Action Acton Actn wt AdmRl AdBull Aeronc AtilPbl AirExp AirCaf ArCal pi Afamco Aimito .34 .40 .24 .056 .15 JO 42 .12) also hurt by weakness in the bond market. Prices for bonds sagged amid uncertainty about the outlook for lower interest rates and a relaxation in the Federal Reserve Board's monetary policy stance.

Canada To Sell National Aircraft Builder OTTAWA (AP) The Canadian government announced Monday the sale of two government-owned corporations, including de Havilland Aircraft of Canada Ltd. to Seattle-based Boeing Corp. It was also announced that Canadian Arsenals, the Quebec-based producer of large-caliber ammunition for the military, will be acquired by SNC Group of Montreal, the country's biggest engineering firm. Boeing will pay $155 million (Canadian) for Toronto-based de Havilland, which produces commuter aircraft, the government said. SNC Group has offered $92.2 million for Canadian "Arsenals, which does about 90 percent of its business with the government.

IS 10 Vt 11 36 25 14 16 31 3- It 14 9 31 5 47 231- 70 74t 9 1146 329 7 33 146 4 II- VI 4 7- It 19 17V! 126 17 It 229 I 71 3 Vt 255 5V Vt 304 13- 177 13 Vt I 16 It SO 25 Vt S4t I 34t 1 1 w.ioin OriOlH Ormand .16 91 3V4 II I7H- Va 16 I0H 597 11 107 lj 24 1-16 1-1 21 2 104 25- VI 37 3- 20 54 Vt 40 7' 411 64 10H 77 16 M6 171117' 26 6 VI 241 10 91 43 25 OSulvn OxtrdF .60 136 li- 714 13 OiarkH .70 Connw ConrCp Conqst Coop wt ConsOG iCnStor P- 1.20 12 SI I PLM 20 2 161 3- Vt 315 117 4 IS 2- It 14 IS It 10 J'A- .24 167 20 472 2446- 1 95 674 22 .56 32 24'- 4 169 7 43 46- 1-1 1(0 19 19 37 a .766 633 4- 1 16- .25 I 11- .76 1 5 23 Vt .76 66 2346 .40 X2 22 .36 10 7 -l-l viComA vICntApl SuprFd SupCre Suplnd I SuprSr Susaueh SwttEng Swill in Synaloy SystEn AlbarV Alona Senate Farm Bill Called No Solution MOBILE (AP) The Senate-passed farm bill is "no solution" to the farmers' crisis, but it allows some Alabama farmers to stay in business, said state Agriculture Commissioner Albert McDonald. "It will maintain a domestic program, but it will not allow us to compete with other nations," said McDonald, commenting on the bill passed by a 61-28 Senate vote Nov. 23. The bill now goes to a House-Senate conference committee to work out differences between the House and Senate versions of the bill. The total cost for the bill over the next three years is estimated at $100 billion.

U.S. Sen. Howell Heflin, said he voted against the bill because he said it does not help the farmer "at this very crucial stage and get them out of this depression they are in." Heflin said farmers are being "drowned in a sea of debt." U.S. Sen. Jeremiah Denton, said he is pleased that farmers got a bill, "though it does not contain all of the features we had hoped for.

I felt it would be better to have this bill, a four-year farm bill that we can improve in conference, than to have no bill at all." In the fields, John Sharp, a Mobile County farmer, said the bill draws "lines between North and South." "We are so few in number less than 3 percent of agricultural population we lack political clout and need for urban dwellers to understand our dilemma and our need for their support," Sharp said. Ed Tunnell, a farming expert in Baldwin County, said the farm bill program is good for peanut producers, but will have no effect on Baldwin County which does not raise peanuts. "We hope there will be some help for our soybean farmers. They deserve help. They've never had a program before," Tunnell said.

Heflin said some provisions of the bill are good. "I think Southern agriculture fared better than the nation as a whole," the senator said. "Soybeans came out fair, but I don't like this idea of lowering the loan rate. .05 190 .26 24 12'- Vt 172 17- 35 91- It 1(0 VI Alpham AiF Aitgx wt Alcoa pt AiiaCp Convtt Copley CoiCr CoCr wt CntrM Courtld 100 VI 1-1 375 I40O JJ1 580 3246 T-T- 17 3 Vt 30 5-16 1-16 71 10' Vt 23 2- Vt 61 Bar TEC TIE Amoni 1 44 346- It 46- 3' 4 7 It 3 13- 1 12 2 1146- Vt 24 12 197 12 20 11 33 34 It 32' 17 21 107 24 33 22' 12 24 470 25 11 10 10 2246 Vt 131 19' 171 19 4 1146 72 19 11 2046 1364 19 131 ISO 1 37 125 1 25 1 25 1.20 434 406 320 257 232 254 262 1.12 2 37 205 300 1 96 204 232 109 1.24 Amdahl Amedco AmBilt 54 .01 .20 .01 .15 1.006 129 3 It 181 12- It 100 7it 42 It 73 6 V4 6 59VI VI 721 42 .20 2 36- 72 19 4 14 9 24 Crou CrowIM CrnCP CrCPB CwCPpI CrulcR CrvitO Til TlbPrO TandBr Tasty Team Amcap AContrl AExowt 136 -1-16 Hoimen HollyCp HmeG Hmlm pi Hormi I HrnHar HrnH wt HollPty HotIP wt HouOT HovnE Howlln HubeiA i HubeiB i HudGn Huikyg ICH ICO IPM IRTCp ISS ImpGp Implnd ImpOii Inllghl Inilrn ImtSy InsSy pt Intcfy Intmk IntBknt InlBk wt InlHyd IIP IntPwr IntProl IntThrn InThr pi Ionic! IrooBrd trvi 30 Vt 70 17 21 3- VI 9 2- 77 12 10 711 160 446 IS4900 5- Vt 5000 4- 101 4'- U) 80 7Vi Cubic Curtice CuilEn 7.19 AFrucA AFruc AHItftM Altrael AMieA AMieB 3 10- .52 .52 22 29 45 13" VI 15 13- 131 5 Ml 5 4 AAABId DWG DamEA DamEB Djimuin 4 50 1200 41 7.64 1210 72- 2.00 31 11 1441 1.00a 1155023 -S 34 1 .50 1 57 3I46-- 4 .40 3 11 43 7- Vt 102 3 4 I 14 7 127 3-14 Demi pi Dams of 149 42'- 171 746 l.78e DatePd 27 54 16 23 It 109 1346- VI 331 141 13 4 It 3 53- 12 47 -lit 13 3141 uaiarm 54 4'- 40 10- 23 346 90e 1317 51H-1 99 1 25 3- Vt 17 146- 12 7 446 .12 25 1-1-16 112 1.60 439 199 Vt .20 70 20 325 1 .251 4 246 .60 10 12t .120 40 15 254 3'- 70 l-lt 13 7'- .9 39 10 4 4 4 3' 773 3 211 3 74 21- 1 35- Vt J-J .500 23 11- 14 5 74 3- 37 .711 15 12 3 JO 1(3 5'- 4 14 4'- K-K 63 1- Vt Decrat AmOII APftl AmPlnv APrc ARoyl ASciE A xon un A ion pr A ion ic Ampal Andil AndJcb Angelel AnglF vjAnoioV 32 6- I DelLab niVAi Gas Prices To Remain Stable This Winter The price of natural gas will remain stable through the winter, the Public Service Commission was told Monday. During the commission's monthly meeting staff member Bob Reed-presented a report on the rate formula for Alabama Gas Co.

that showed the company's return on its equity had fallen to 8.97 percent. The company is allowed a return of 13.75 percent to 14.25 percent. Reed said he expected the gas company to request a $4.1 million annual rate increase before Dec. 4. Construction Spending Rises in October WASHINGTON (AP) Construction spending rose 0.5 percent in October as increased activity in residential building offset a big drop in construction of shopping centers, the Commerce Department said Monday.

The department said the October increase followed a 0.4 percent September advance which had originally been reported as a much stronger 1.9 percent rise. The October gain, the biggest since a 1.1 percent jump in June, left spending at a seasonally adjusted annual rate of $347.8 billion. This was 9.3 percent ahead of spending in October 1984. 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