The Honolulu Advertiser from Honolulu, Hawaii • 14

THS HONOLULU ADVERTISE! Saturday, March 17, 1956. IBsgftDoee (pail Mmm 1 A. L. Castle Reelected Chairman of HUT Board Stocks End Week With Profit-Taking TTTT Hnwniipn i enhonc Mas 2V. S.

F. Quotations 5.. rrnr the accuracy cannot be guaranteed. during the year, despite a 6.6 per cent increase in vehicular registration on the island. i 'J Excellent Business Year NET EARNINGS in 1955 wo 2 68 58 63 59 Unit Fruit US Gypsum US Rubber Uni Pic amounted to $248,183, or $1.26 52 22 34 29 Hawaiian Telephone By ELMER C.

WALZER United Press Financial Editor NEW YORK, March 16 (UP) Stocks ended the week on a note of irregularity as profit-taking came into some sections of the list. Strength prevailed in the 52 22 34 39 20 32 23 33 Dow Jones Averages xSo Calif Edi Ihur. Frl. outh Co Industrials So Natl Gas CIO 507.60 507.60 Texas Ltil Rails Union Elect Close lti9. 66 169.01 United Gas Utilities West Penn 67.52 67.46, Wis Elec 43 A.

L. Castle was reelected chairman of the board, and E. M. dcHarne president and general manager at the annual meeting yesterday of the Honolulu Rapid Transit Co. Ltd.

All other officers, directors, and heads of operating departments were also reelected. THE ANNUAL report advised stockholders that charter business, including around-the-is- had an excellent business year 28: in 1955 according to the annual IN HIS MESSAGE to stockholders Mr. Atherton said: 'Many significant changes have taken place in Hawaii during the past ten post-war years. In this time, while our population has increased by only Industrials report released yesteiJay by J. Ballard Atherton, president.

20 21 33 63 50 96 24 29 137 20 21 32 64 50 li 23 29 133 Vana Cp Warp, Bros West L'n A Wstgh Air Br xWstgh El xWlwth Wng Wm York Corp Yr LA Upg Zen Rad Cp American New York Stock Exchange Quotations Ihurs. ri. per common share. This compares with 1954 earnings of $259,751, or $1.32 per common share. Dividends paid during the year totalled 80 cents per share as compared with 70 cents in 1954.

a HRT reported an increase in revenue passengers as compared to mainland declines of 7.08 per cent. Aviations THE COMPANY had total in- Adam Exp Ac! in Corp Air Reduc Aliech Cd Alld Chcm Stores Allis Chalm Am Airh come of $13,940,414, as against, some 9 per cent, the gross m- Stork Exchange Quotations Ihur. Kri 0-4 20 42 ltO'i 54 74 37 43 33 71 113 lin land tours increased 50 per cent $12,864,382 in 1954. Total ex- come of the Territory lias gone penses were $11,992,756, by about 22 per cent, the metals where Anaconda ran up 4 points. Standard Oil (N.J.) stood out in its section with a gain of more than 3.

Many other issues moved higher. HOWEVER. THERE were enough issues on the downside 16 16 over the previous year. number of dwelling units has against $11,378,974 in 1954. This Accidents declined 11 per cent 23 20 42 8 110 54 73 36 43 33 72 112', 116 23 135 46 40 10 75 22 Allied Con Atlas Ply Ark Fuel Ark La Gas Tr 11 34 19 6 2 7 23 57 77 39 32', 833.

49 13 33 48 36', 40' 85 11 34 15 'i 6 8 included taxes. Net earnings; were $1,947,653 as against Breeze Corp 1 13-16 1 15-16 Can South Sugar Now Moving to Crockett By RAY COLL, JR. 1 1 Avco Mfg Bell Air Hen Avia Eoe Chance Vgt Curt Went Doug Air att Air Li Fair Eng Grum Air I. nek Air Mar Glenn Natl Avis No Am Av North Air Pan Am Pep Avia Fohr Air Solar At Trans Wld xUnit Air I'nit Air Lt -T2 7 25 57 77 39 32 83 48 is7 33 43 4ti 83 27 21 37 24' 2ft 23 71', 42' 22', 7.3 2 26 Ptld Ce ixAmcr Can Amer Crvs Amer Cvan i Amer Home Amer Pot iArncr Had XAmer Icl jAmer Vise jAnch Hock Armour 111) Atlas Pow Baj-k Bros Pea Fds Be Kds pfd 1 Bene Pin Best Fd-s Black Deck Bh5s i Burden Co The Hawaiian Sugar Planters' association reports that pro Canso Nat Canso Oil Cors Enci Contl Uran Dum Lab A Dvna Elec Bond Yel Gold to produce a mixed market. The list has been in an almost steady advance since President Eisenhower said "yes" on Feb.

23. Today's unsettlement was duction of raw sugar in Hawaii and shipments to the big Cali- 485,403 the previous year. This means income was up 8.36 per cent and earnings 31.12 per cent. This caused the tax bill to jump 13.66 per cent. Net worth.

of the company rose 3.09 per cent from $19,273,437 to AS FOR SERVICE, net gain jfornia Hawaiian Sugar Refining refinery in Crockett, Hoi Cons increased by 36 per cent, automobiles have jumped by 174 per cent, kilowatt hours of electricity consumed have gone up approximately 100 per cent, and telephones in services have increased 161 per cent. "At the end of 1955, about 67 per cent of homes in Hawaii had telephone service, and installations to serve new subdivisions are now planned to care for 100 per cent usage. IMMEDIATELY following the war the company was confronted, with an unprecedented demand. 20; 37 24 2T, 23', 71-, 43 22 99 0 -4 105 20 50 30 20 63 are returning to normal. One shipload of 7,830 tons is en route aboard the Hawai Imper Oil seen as a normal weeK-end ad-j '8 23 5 23 46 16 9 31B 32 12 1 5 11 27 2 8 7 23 5 20 46 13 8 32 32 12 1 11 3 8 justment.

IKai Mo Lear Inc Lc Tour iMcDnn Air West Airli Alum Co Metals Pan American Airways NEW RESIDENT MANAGER Clark L. Davidson, who will become new resident manager in Hawaii of the Virg David-son-Chudacoff Meat has just arrived here from Los Angeles. Mr. Davidson, son of the senior partner of the firm, previously was Los Angeles sales manager. Harvey F.

Brinn, for the past four years Hawaii resident manager, has been promoted to Los Angeles general sales manager. Grains Close Irregular As Market Dull CHICAGO, March 16 UP)- in telephones for the year was 120 120 23 133 43 73 22' -51 105B 20' 2 50 30 23 64 51 40 21 13 3H 43 57 63 10 41 23 74 45 22 45 60 23 23 52 2i 42 ian Refiner and almost 31,000 tons more is due to arrive in Crockett before the end of the month. The plant has been refining: sugar at a reduced rate because of lagging: Hawaiian production, due to poor weather conditions. 10,241, an increase of 32.2 per Hndeept Br F.ucvr Erie Budd Co Burling Ind Bur Corp Calif Pack Car Corp Caterp Tr Celane.se CD Norden Ket Pancoast Pantepec Rem Arms Sapphire Pet Servome Technicol 53. 85 2, cent over 1954, the second highest year on record.

3 8 63 7 "'4 The demand for metal shares stood out and at times sustained the whole market. THE METAL rise came when Anaconda announced it was hitching its copper price to the London metal market, a move tantamount to raising prices. Anaconda developed heavy volume and ran up to a new high on a gain of nearly Vana Alloy 31 31B Four major dial conversions 2 I Pilnt0V 51 41 21 15 36 43 57 63 lSJ'i 41 23 73 46 23 44 60 23 23 52 57 81' 2 P6 21 66 HO 3 4 43 144 72'. 575, 8 HOWEVER, PRODUCTION HAS been up and last week's output amounted to al Prod Champ Pap Fin Cp ''cievite Cp Cluctt Peab Palm 84 Cot Broad A most 22,000 tons. During the current 10-day op San rancisco Stock Exchange Quotations Mon.

Fri. Amer Fac 23B 25 Atok-Bis 35cfi 35c Dou5l Oil 4B 4 Ewa Pltn 10B 19 Haw'n Pine 13 12 Honokaa Su? 10B 10B crating period from March 14 to 23, will run short of raw sugar. It is espected to close were made, more than in any! previous year. At year's end five of the six islands had 100 per cent dial service. About 650 phones, less than one per cent, were still non-dial operated.

Higher revenues, together Alum Ltd xAm Smeit Ana Cop rn Cons i rrro nc Ciim Moly Cons Cop Inspi Cop xlnter Nick Kai Al Clos Ken Cop Phelps Ddg Fey Met Am Mo Motors P.nhn Alum Fiorg Warn Hnggs Mfg Chrysl Cp Clark Eq Con Mo Elec Auto xGen Mo Kel Haves Mew Warn S'ude Pack White Mo Am Petro Access. Col Pir COLL. JR. down Sunday and Monday pending arrival of 4 points. Anaconda Wire Ca Honolulu OiI61B 62 the Refiner.

But normal operations are expected to resume with 1 McB Pltn 4.B the next operating period which starts March 28. normally 20 42 31 33 79 23 4'tV 2 80 i 8', 39 V. 43', 3 for new telephone service. Wo have provided service to virtually all who have requested it 88,329 new telephones in ten years. At the end of 1955, we had on hand less than 10a held, orders, and in most cases a request for service was being cared for in two days or less.

New capital under favorable terms has been attracted in the form of bonds and preferred stock, and new common stock has been successfully sold on three occasions since 1945, with a fourth common stock offering planned for early 1956. Com Credit Com Soiv Conti Can xCorn Pd Corn-Dub El Corn Glass Crane Co Crown Ck-SI Crown ZpI ble rose 4. Magma, Kennecott, and Cerro de Pasco strengthened. American Metal rose 2. Matson Nav 34 Menasco Mfg 558B Mm Moth 22c jOahu Sue 14'2B with careful control of expenses, 23 5d 4 22 '2 79 07 sr.

40 43 3S 2 9 4.1 34'S 5 21c 14 2 4 3 40 17 Occi Pet Prices in grain futures were steady to weak on the Board of Trade today. resulted in net income available for the payment of com CLOSING STOCK prices 43 Sug Su 3B 3 Dia Match 8 Dixie Cup mon stock dividends of Paau Sug Pit operates for 10 days straight and closes for four. Scheduled shipments and their arrival dates at Crockett include: Hawaiian Refiner, 4,201 tons from Nawiliwili, and 3.629 from Kahului, March 20. Hawaiian Farmer, 8,000 tons from Hilo, March 23. Hawaiian Planter, 8,000 tons from Hilo, March 26.

Hawaiian Pilot, 6,400 tons from Nawiliwili, March 29, and Hawaiian Lumberman, 8,500 tons from Kahului, March 30. 31 33 70 30 16 60 40 56 13 71 233 83 3 12 41 12 43 Dome Mines Pioneer Mill 12B Uni Con Oil 63 lll Grains closed irregular. Wheat V6-5a cent a bushsl higher; corn unchanged to 3,4 12 63 14 11 Dow Chem xduP de Ne Wailuku 14B West Pet 103i 15 70 231 85 3 12 843, an increase of 37.1 per cent. Payments were 90 cents per share, compared to 80 cents for 1954. 41 Metals Anaconda 85.

up 4: Alcoa 99, up 1: Kaiser Aluminum 44. up Kennecott Copper 145. off 1. Steels Bethlehem 160. off U.S.

Steel 59. off Crucible 54. up National 74. off Inland 83. up 1: Pittsburgh Steel 31.

up 1. Oils Standard Oil N. 168. uo 3: Standard of California 98. off higher; oats unchanged to Furnished Bv Dean Witter Co.

Ashland Oil 41 12 Amalgamat Sugar 23B lower; rye H-Va lower; soybeans 'i-3 1 2 lower; lard 2-3 points a 100 pounds lower. A BIG TANKER IS GOING to creep under the shadows of 37 iumes Louts 40T, 64 96 62' 50 36 41 19 93 43 76 Pl 78 '4 xLast Kod El-Mus Ind Emer Rad Fair Morse Fed Quigan Fed Dent str Ferro Cp Firestone Ti Firth Carpet Flintkote Fd Fair Str Fd Mch-Oh Foster Wheel the rugged Hamakua coast about April 30 to take on a heavy Royal Dutch 91. up Cities 5 7-16B IS 10B CCI VltC Of 4. Oil "4. Oils AMan Pefm Cities Serv Gulf Oil Hon Oil Kern Cnty Miss Devel Ohio Oil Pet Cp New Phil Petrol Pure Oil Rich Oil Rov Dutch Miell Oil Sinclair Oil 5-oc Vac Oil xStd Oil Cal Std Oil-Ind Oii-O Motors Chrvsler 80, up load of molasses.

The Maryland trader, with a capacity of 14,000 tons will be chartered by California Hawaiian Sugar Refining GRAINS WERE generally eral Motors 48' Ford up 341'CaIvan Cons Oil 77 (Canada Dry 12 Conti Airlines 39i4 Family Finance 54 Frosbisher. Ltd Mines 38 Holly Corp 33lHuPP Corp (J45, i Merritt Chamman quiet today, with buying at Week's Buying Spread Among Various Groups Dean Witter Closing Comment 65 93 61 50 7 36 42 13 94 433 7S 89 78 62 72 f)0 68 60 15 7H 23a 126 17B off 1: Ca- Rails Santa Fe 157. radian Pacific 36, up tracted, except in soybeans, Rock Is- s.Gair Robt by farm bill action yesterday. off 34: N. Y.

Central 43. off New Demand for new crop wheat Pl-V Lehigh Ptld Ce IxGen Elee xGcn Foods Dvn t'i'Gen Mills Murray Corp reflected clear weather over the southwest wheat belt fol 2B 6 21 78 39 18 5B 2B 3B 2.45B 44 18 Corp. is loaded off Honokaa Landing twice a year in a dramatic operation. With the vessel anchored offshore, the molasses is pumped aboard through a pipeline connecting; with the shore. First connection is made by a small tug towing a "messenger" line through the churning waves.

The molasses comes from five Big Island plantations Honokaa, Paauhau, Hamakua, Kaiwiki and Kohala. TWENTY OFFICIALS FROM various Big Island sugar plan the per share level. lowing ngnt moisture over Raytheon Mf Vinco Webb Knapp West Oil Fields Yellowknife Bear Pittston Corp United Merchant British Pe'roleum xStd Oil-NJ S- in Oil Sunray Oil xTexas Co Tide Water Union Oil Cal INTEREST ALSO rotated to 7(j 26 126 41', 59 parts of Kansas, Texas and IT." 69 41 4934 84 71 20 45 23 14 15 the laggard issues in the group U'2 5J Missouri. io precipitation is Gen Tele Gillette Co Goodrich xGoodyr Ti Hevd Chem Hilton Hotels Hoffman El Hoi Furn Houd-Hersh xlnt Harv Int Mm-Ch Int Paper NEW YORK, March 16 Gains were extended into new high ground in the typical bull market fashion this week as buying rotated among various groups, thereby allowing the market to adjust as it went along. Although several including such stocks as Howe Haven 23.

off Miscellaneous Du Pont 2317,. off Freeport Sulphur 96. up Minneapolis Honeywell 74. of 1: U.S. Gypsum 68, up 2: Zenith 133, off 3: American Telephone 185.

unchanged. Sales today approximated 3.120.000 shares, compared with 3.270.-000 yesterday. DOW JONES closing stock averages: 30 industrials 507.60, uo 0.10: 20 railroads 169.04. off 0.62: 15 utilities 67.47. off 0.05: 65 stocks 179.61.

off 0.02. COTTON FUTURES closed 4 hisher to 25 points lower. Spot 36.75 nominal. Equipment Rails 15 forecast for western sections 22'i 23 Imperial Chem Ind 6 1-16 Alro Pr Sound. Owing to the increased of the winter wheat belt dur 'Food Mart 27 tations recently observed first hand the soil conservation 44 157 53 14 ing the next five days.

Ford Motors 62 Pabco 39 Budget Finance 8B prices of the red metal, this company's normal earnings potential is tentatively esti 37 30 127 34 95 42 49 flrt sfiMTAi uisi nient rmr- Courtesy of Ross Co. Schwabacber Co. American Maracai 11 groups were laggard notable gains were again recorded by the metals, chemicals, glass mated at close to $3 per share of further significance is the Beaver Lodge 50cB Collins Radio 23VB 4tTg 13334 53 13 43 35l'z 62 23' 2fi'2 42 84 22 42 63 P8 f9 44 and erosion control measures now in effect at Hawaiian Agricultural Co. Hawaiian Agricultural and Hutchinson Sugar were the first sugar plantations to adopt and all-over soil conservation program. They began the program in 1954.

Since then, two other plantations have begun conservation and erosion programs. They are Kaiwiki and Paauhau, on the Big Island. Kilauea Sugar Kauai, is currently planning a soil conservation program. stocks, and papers among oth 34 77 12 30 54 64 30 34 64 62 6.0 41 40 84 71 19 46 23 14 15 37 29 123 3 95 42 48 29 49 503, 47 87 16 503, 42 24 43 55 33 75 135 50 94 51 70 33 42 40 24 54 91 39 17 61 45 8 59 ers. A broad variety of individu 47 36 61 25 26 41 84 22 43 67 81 97 97 43 59 23 67 Amer Stl Fnd xAtch Tod xAtlant Cst Bald Lima Bait Ohio xCan Pac xChes Ohio Chic Mil Chic North xChic Rock xDela Hud xErie RR xGreat North xlll Cent xKans City xLouis Nash Mo Pac Cent -N Chic xN New xNor West North Pac xPa Rail St Louis xouth Par xSouth RaU Int xJohos-Mfln Jov M'g Co Kim Clark Kresge Kress Kroger Co Lehman Cp Lib-Ow-Fd Lib Lily-Tulip Liq-Carb xLoew's Inc Long Bell Masonite McGraw El Menpel Co Minn-Hn it i ir al issues participated in the chased 20,000 tons of U.S.

Pacific coast white wheat and 12,000 tons of U.S. barley Western Germany today purchased an estimated 335,000 bushels of U.S. red wheat, and Japan is expected to purchase a quantity of soybeans in the near future. Postponed large-scale purchases of U.S. edible oils by Spain, Italy and Casablanca.

May 56 35.48. May '57 31.76. Office Building To Be Dedicated This Afternoon The two-story Anin-Piikoi office building at 1028 Piikoi St. will rfprHofltpr! st 5-S(l rr in- advance due to special factors including stocks in the build Eitel McCullough 15B Farwest Tungsten 36cB Great Plains 46B Mack Trucks 31 Mo Kan Texas 73 Natl Explor 79cB Pacific Petrol 15 Philips Lamp 44B Steep Rock Mines 19B Texas Eastern Tr 26B Voss Oil 1B Western Oil Fields 3B Capital Securities Ltd. Courtesy of Walston Co.

531 ing, aluminum, distilling, elec INSIDE MERCHANT STREET: The 1956 session of the Uni 24 49 50 1 '4 47 88 15 51 42 23 72 42 54 37 74 133 50 93 51 60 37'. 39 24 55 91 81 versity of Hawaii's Advanced Management Program will open on July 16 in Bishop hall on the Punahou campus. A distin- 67 81 23 31 25 trical equipment and airline in dustries. ew rt w- -a-k i v. on Mffi'i Jl 4 -t- 57 day as a memorial to the f.aulty of Pressors from the Harvard Graduate lll'i 112 together with declines in vege turrtK section was Thur, founder Of Oahu ousiuess wiu tuiiuuui au inc instruc Young Anin xUn Pac West Md outstanding, reflecting both 53 58 2 Frl.

15 66 10 Steels Mnnte Ward Motorola Inc Natl Aome Natl Biscuit Natl Cash Natl Dairv vNatl Distil MaM Gyps potential of Howe's cobalt operation, which after an extended period of difficulty, appears to be making progress with capacity operations reportedly under way. On a full year basis it is believed that earnings contribution of this facility could reach -an additional $1 per share so. that with an earnings potential in the range this medium priced unit of the industry is attracting renewed attention. A return of investment buying is evident in the airline section after several months of relative indifference. Confidence is growing that the industry has not over-extended itself in large scale purchases of jets and in addition to which the appeal of lower cost and greater speed will materially enlarge the potential market.

the excellent Kennecott report Alleg Lud 48! I Case Chile Cop Cud Pack Duval Sul Est Stain Gen Port Intl Petrol and lifting of prices by Ana 54 3'i'i Armco Stl xBefh Stl Bla Krox 39 54 tion. Many additional applications for attendance have been received during the past month. A very senior group of executives from the mainland is now expected approximately 16 in all. Australian interest in the program is still evident in a prospective attendance of nine from its manufacturing and petroleum industries and from its banks. Officers and Market company on Kingi St.

Young Anin founded the Oahuj Market in 1904 and overcame: many hardships to build up his estate. Two years ago the corporation 30 Lehigh Port conda. The latter has decided on a new sales policy whereby its Chilean production would be sold at going prices which INafl Lead Natl Mall Natl Shares I Natl Sur Gu table oil futures brought a decline into soybeans today. At outside markets, grains were steady. THE RANGE: Wheat: Hish.

low, close: March. 2237,, 222. 2234-; May 220. 219. July.

199. 198. 199; 201. .200. 201-; Dec.

205. 203. 204. Corn: March. 134.

133, 137. 136, 136: July. i 140 140-: Sept. 140, 139. 140: Dec.

1355s. 134. 134.3i. 61 66 10 47 40 53 33 79 76 33 24 38 25 21 17 15 23 54 160 33 32 54 17 40 32 40 64 74 43 44 50 Natl Tea Ntl Thea Olio Math will in effect improve the com 45 50 40 35 I 78 75 323 25 39 23 21 17 15 28 Lone Star Marq Cem Natl Airh Pabco Textron Towmotor pany's already impressive Otis Fleva 40 named Kenneth W. K.

Young executive vice president. With the directors, Mr. Young set a three-point objective for the lOw Corn Fib 1 125 earnings outlook. civilian employes of the Army and Navy will number six. The university desires to start its final planning on April 15 and has asked territorial business organizations to submit the names of candidates by that date.

6 76 in Glass Para Po As a result of this and pre Indus Wilson Co Fruehauf Tr Parke Dav Colo Fuel 32 Cru Ftl 53 Detroit Stl 16 Gran City 30 later Iron 33 Jones l.ch 40 Lukens Stl 0 xNatl 74 Hepub Stl 43x Sharon Stl 44 xU Stl 50 Wheel Stl 52 Vouns Sh fa Tobaccos vAm Tob 73 Lis Mver Irillard 2 Phil Lor 43 Key Tob 51 Utilities Amer For 14 xAmer Gas 533 vious price increases by the company; l) to carry out a Oats: March, 61. 61. 61-: May. Ctl' 63 planned expansion program; 2) 63; SALES, IN VESTM ENT and other major operations of the Prudential Insurance in line with unprecedented prosperity industry, earnings estimates for 1956 are being increased to Sept 64. 64'i: Dec.

66, to develop and utilize their hu 66. 66B. man resources, and 3) to provide in the United States and Canada, climbed to new records during 51 97 73 60 20 4 50 14 50 IB 34 1955, Carol M. Shanks, the company's president said in his an Island Products 33 40 32 P7 23' 41 36 25 86 10? 60 48 8 11 11 7 27 53 March. 13034.

129. 12334-; May. 130. 128. 128-; July.

123, 121. 122; 122, 120, 120. Soybeans: March. 260, 257. 257-257; May.

263. 260. 260-: Julv. 265 263. 263-: 245.

243b 243a: Nov. 238. 237. 237. Lard: March.

11.85. 11.77. 11.77B; May. 12.20. 12.10.

12.12B: July. 12.60. Friday, March 16, 1956 .25 Consol. Amuse Co. DIV.

21 35 20 19 31 34 13 15 5 39 2 13 19 17 9 12 30 30 23 34 3 21 8 Furnished by Hooker Fay Anglo-Lautaro-A I Case Firth Sterling Georgia Pac Plywd Holly Corp Oliver Corp Walter Kidde Mex-Ariz Land General Instrument Int'l Packing Woodworking Rockwell Spring Wayne Pump Motor Products Equity Corp Minn Moline Pae Mutual Life Stvlon Corp Merritt-Chap-Scott Amer Power IB security for their employes and a reasonable return to their stockholders. Precision Radio, Open House Today .23 Helemano Co .60 Home Ins. Co. of .40 Hon. Cons.

D. Co. Hon. F. Thrift Co.

nual report, just released. Mr. Shanks said that total Prudential insurance issued for the year reached $6,372,000,000, and all-time high, exceeding the previous high reached in 1953 by $744,000,000 and higher by $994,000,000 than 1954. The sales "brought life insurance in force to $31,557,000,000, representing an increase of $5,415,000,000 over 1954. Penn D'xie Pn Ptsi OMa Pfirer Chas Phitcrt Cn Pitts Cnke ritts PI Gl xProc Gam Pullmn Inc Rad Co-Am RKO Pic RKO Thea Reeves Brog Reo Pic Rob Fulton afe Stores St Reg Pap chenlev Cp Parser aod Fin xSears Roe Simmons Co "rerrv Rand "Sriieppl Inc Std Brands std Coil Pd 12.50.

12.52B: 12.95, 12.92, .40 Hono. Oil Corp .15 Inter-Is. Resorts 3 .75 Std. Oil Co. of Calif 3I'7 53 33 30 15 u.vza: uct.

1Z.S5A. PREFERRED STOCKS Precision Radio, Limited, one! 44 I .25 H'n. El. 5s Pfd WINNIPEG RYE close: May 123, down 5i: July 11778-118. down Oct.

114. down. l-4 16 H'n. El. 4'4s Pfd C.

.25 H'n. El. 5s Pfd D. of Hawaii's largest dealers in electronic products, is holding 3 48 32 23-i 41 36 25 86 102 60 49 8 11 14 7 27 53 43 21 52 74 10 34 40 27 15 41 11 57 10 32 75 50 36 23 62 41 27 25 3 110, 31 6 3'8 21 luijis I'lULit has been named as tne new of Commercial Kahului store on Maui. He suc 17 20 '9 13 ceeds John Prukop who resigned last month to move to Hono 30 Percent Boost In Qantas Flights Here .25 H'n.

El. 5s Pfd 20 .12 H'n. Tel. 4.8s Pfd A 9 .12 H'n. Tel 5s Pfd .1234 H'n.

Tel. 5.1s Pfd 10 .13 H'n. Tel. 5.5s Pfd .37 Pac. Gas Elec.

6s BONDS Haw'n. Elec. 3s Haw'n. Elec. 3s 40 36 50 33 45 46 44 37 41 47 20 32 32 25 17 BID ASKED 56 58 25 26 26 27 6 19 19 16 7 7 11 14 22 4 5 14 14 4 4 5 a 8 10 12 13 14 6 6 8 9 12 13 3 3 2.50 2 UJ 3 3 4 4 42 43 45 45 13 18 29 30 15 16 10 10 34 57 53 38 30 IS 44 40 36 51 35 43 47 44 37 42 46 20 31 32 26 17 3 54 53 30 78 47 10 30 .50 Alex.

Baldwiin .35 Am. Factors. Ltd .20 C. Brewer Co .50 Bogo Med. Mill .40 Ewa Plant.

Co .15 H'n. Aer. Co .15 H'n. Com'I S. Co.

Honokaa Sug. Co. Kahuku Pltn. Co. .20 Kekaha Sug.

Co. .40 Lihue Pltn. Co McBryde Sug. Co. .25 Oahu Suff.

Co Olaa Sug. Co Onomea Sue. Co. Pepeekeo Sug. .20 San Carlos Mill.

Co. Pioneer Mill Co .25 Wailuku Sug. Co. .10 Waialua Aer. Co.

H'n. Can. Co .20 H'n. Pine. Co H'n.

Sumatra PI. Co Pahang Rub. Co. Selama Dindings H'n. Airlines .50 Oahu Rv.

Sc Land .55 H'n. Elec. Co. .22 n. Tele.

Co .40 Hilo Elec. Lt. Co. .25 Hono. Gas Co.

.20 Hon. Rap. Transit lulu. Mr. Buese was formerly sales manager of the Von Hamm-Young at Wailuku and has been a Maui resident since 1951.

He was born in Los Angeles and attended Roose Balto Gas Boston Edi Central III Cent So xCleve Elec xCol Gas xCom Fdi xCons Edi xConsol Nat Crns Pov xDetroit Edi I I Pao Fla Power FU Poy t.l Gen Pub Util Gulf States xHous Lteht I one Star Mid So Util River Mon Dak Enc Nias Moh Ohio Fdi xPac Gas I tent vPah Penn a Pow xPeo Gas vPhil Flert xPv.b Serv So'w cvt Pub lterl Drug 43 I 21 51 I 74 10, 34 49 27 15 41 11 Sfia 19 32 73 50 36 24 61 40 27 25 36 0r A 30 per cent increase in Qan Que Metallurgical Mack Truck Boston Maine Am Export Lines Ravonier Inc Simplicity Pattern Copper Range Gen Am Transport Tune-Sol Electric Quebec Lithium Peon-Texas Corp Robert Reis Pfd Marvin Electric Amer Brake Shoe 4 23 31 23s, 20 30 11 67 68 35 11 17 10 2 43 33 S3' tas flights at Honolulu's Inter open house at its new building at 1160 South King St. from 9 a.m. to 5 p.m. today. Harris Tarumoto, head of the firm, organized Precision in 1942 and has been at his present location, 1372 South King, since 1944.

Precision is both a wholesale and retail house and is a leader in the high fidelity field. Str-ke Van stone Web cun Biscuit Sylvania El Tex Gulf Sul national Airport for April and ri n. t.iec. 3s Hilo Elec. 3s Haw'n.

Tel. 3s C. May was announced Friday by R. K. Wetherell, newly appointed iTex Am 34 velt nigh school and the University of Hawaii, and was a first lieutenant in the Army during World War II.

Mr. and Mrs. Buese have three children and live at Maalaea. LARGEST ATTENDANCE ON RECORD was reported yes H'n. Tel.

34S H'n. Tel. 3sG Morning Sess on 53 Pd 524 iTransam Cp 30 'TH Con Cn Honolulu manager for Qantas Wagner Electric 90 Brewer at 26; 70 Oahu off 1 Empire Airways. Carolina Pwr Lgt 26 aa 85 Olaa off at 4i Container Corp terday at the annual stockholders meeting of American Factors, The usual 54 stops here will Inland Steel Cen Fx t'nrier Cp Union Bac t'n Carbide I'nit B'scuit T'nt Co 73 47 158 30 35 1 Ltd. All directors were reelected and there was no change ot be auempntpri in 7n wnrinw iho 1 1 83 34 45 13 lioillees Ma?) Sons 31jMav Dept Stores Biselow Sar.ford Cash Grain Market officers.

Two officials left for the mainland last night, nine-week period. CHICAGO. March 16 tUP) Cash 1 They were C. Hutton Smith, senior vice president, and John; Calls on the route are made in .55 Pac. Gas Elec.

Co .75 Chrysler Coro 50 Haw'n. Pine off at 12; 55 Haw'n. Elec. up at 45: 200 Haw'n. Tel.

warrants up at 13. 100 Hilo Elect, off at 30; 25 Hon. Gas at 1j. 190 Ran. Transit at 10; 35 Cons.

Amusement at 20. 1S5 H. Elec. Pfd. at 20; 60 H.

Elec. Pfd. at 20. Sales. 1.145 shares.

Quotations Raw susar. 5 93: refined sugar, f.o.b., S. 8. 65; f.o.b. Aiea, 8.50.

Afternoon Session Coonley, assistant vice president. They will be gone a Honolulu and San Fran-or longer. Mr. Smith is going on business and Mr. Coonley was cisco, with Sydney and Vancou- grain sales todav: WHEAT: No.

2 red 229N. CORN: No. 2 vellow 135: 130: 4 vellow 125-127; 3 vellow sample Sugar Market reported to be on vacation. ver, B. as terminal points.

Announcement On Monday, March 19, 1956 at 8 a.m. erarie vellow 12-1 ji. OATS: No 1 extra heavy white 67-63; sample erade extra heavy white 66: 1 extra heavy mixed 67. RYE: 2 nlumo I37N. BARLEY: Range Malum? 130-HON, feed 85-99N.

SOYBEANS: No. 2 yellow 258N, track Chieasm. The price of raw sugar took a big drop on the New York market yesterday, according to advices received by the Hawaiian Sugar Planters' association. It fell from $119.60 a ton to $118, a drop of $1.60. This is the first fall in price in several weeks.

A year ago it was $115. 50 off at 57: 10 Facton ofL3t. at 25: 390 Brewer at 26. 30 Ewa ud at 19'b 35 Ewa uo at 19; 40 H.C.&S. Wool Market NEW YORK, March 16 (XTP) Wool top futures on the New York Cotton Exchange todav closed 12 points higher to 2 points lower.

Wool futures closed 2 points higher to 1 point lower. Standard certificated spot toDS rose at 100 NEW YORK, March 16 (UP) World No. 4 sugar futures today closed unchanged to 1 point higher with sales of eight contracts. The Domestic No. 6 contract closed 1 to 2 points lower with sales of 261 contracts.

World contract activity was hardly broad enough to develop a trading feature. Domestic contracts were easier In line with the raw market with most of the business centering in the May delivery. THE RANGES: WORLD 4: Prev we wil Broicn Investment Co. Fund quotations as of March be open for business new location on the iu ooints to iai.i bid offered at 155.7 in our 150 Oahu off 1 at 14: 245 Waialua up at 100 Haw'n Pine at 12. 65 Haw'n Elect at 45: 220 Rao.

10l: 80 RaP- Transit off at 10. 55 Hon. Gas at 15: 40 Cons. Amusement at 20. Sales.

1.610 shares. Total sales. 2.755 shares. Livestock Market By UNITED PRESS HOGS: Steady to 25 cents himher. tor 13.25.

CATTLE: Fully steady, top 21.30, vealer too 26.00. SHEEP: Steady, top 21.25. 16: clean 122.5 certificated spot wool, in pounds declined 10 points to nominal. Offering, S6.58. Redemption, $6.09.

High Low Close Close 3.32B 3.31 May '56 Bond Averages Open 3 84A 3.34A 3.24A 3.34A 3.24A July 3.32 3.32 3.32 3.32 3.32 3.32 3.32 3.32 3.32 3.32 Ey UNITED PRESS Dow Jones closing bond averages: 40 Bonds 98.91, off 0.05. 10 Higher grade rails 101.03, unchanged. 10 Second grade rails 93.66. off 0.05. 10 Public utilities 97.21, off 0.12.

10 Industrials 97.75. off 0.04. QUARTERLY DIVIDEND ANNOUNCEMENT The third consecutive lViTe quarterly cash dividend (computed on par value stock) will be paid by Inland Western Loan and Finance Corporation to Class stockholders of record March 31, 1956. INLAND WESTERN LOAN AND FINANCE CORPORATION Fhoenix, Arizona Robert Uno, Vice President Sept. 3.32N 3.32 Oct.

3.30N 3.30 Mar. '57 3 29N 3.29 May 3.29N 3.29 July 3.31N 3.31 Total sales Eight contracts. Spot price 3. 30 cents a pound, f.o.b. Cuba, off 4 points.

Open interest 1.516 contracts, off 9 from the previous day. DOMESTIC NO. 6: Second Floor of the SEABOARD BUILDING 1347 KAPIOLANI BLVD. New Phone Number 99-2931 DISIIOP INSURANCE AGENCY, LTD. J.I 111..

I I. II II -HI lll.ll CD 'tJgOkqs to GCtoitiOiJtoOO I Stock Indexes icw Legal Advertising Deadline copy received by 2:30 P.M. day before Publication Thanh You The HONOLULU ADVERTISER NEW YORK, March IS (UP) Fol-' lowing are Standard Poor's closing! May Open 56 5.46B 5.51B Hich Low 5.47 5.46 5.52 5.51 5.57 5.56 Prev. Close Close 5.45B 5.47 5. SOB 5.52 5X5B 5.56 S.57B 5.59 stock indexes (1926 average equals, iul-v Sept.

100): 5.57B 5.58B Nov. Total sales 261 contracts. 50 20 20 90 Inds. Rails Utils. Stocki Today 511.39X 108.

43x 138. 84x Yet'day 503.42 103.94 139.02 381.11 Yr. Ago 369.87 S5.03 125.37 235.71 New highs. Spot price 5.40 cents a pound, c.i.f. New Y'ork.

ex-dufv. off eight points. Open interest 3,043 contracts, up 18 from the previous day..