The Post-Crescent from Appleton, Wisconsin • 28

BnnninieIUiIb(D)ir Wednesday, Nov. 4, 1981 The Post-Crescent Appleton-Menasha-Neenah, Wis. B-8 Frontier, North Shore plan merger New York Stock Quotations At 11:30, New York Time Furnished by Wayne Hummer and 1 24 N. Appleton St. with FSLIC coverage, and there will position to provide its customers with complete financial services including the full range of savings, investments and lending.

Kary reported that the merger will permit Frontier to expand it TYME and Master Card programs throughout its service territory. Frontier has approximately 38,000 depositors. He also anticipates further expansion of its branch offices in Northeast Wisconsin and the Fox River Valley. McKenna noted that plans call for Frontier to operate as a complete division, "the first time in Wisconsin or the Midwest that this has been achieved." Both executives emphasized that there are no major personnel or organizational changes anticipated. Insurance of all accounts wilV continue be no changes in office locations.

North Shore was founded in 1923, and has branch offices in Milwaukee, Brookfield, Shorewood and Waukesha. Frontier, based in Green Bay, has branches in Sturgeon Bay, Two Rivers, Sister Bay, Oconto, Pulaski, Oconto Falls, and Oshkosh. Frontier traces its start to the 1972 merger of Two Rivers Savings, founded in 1919, and Sturgeon Bay Savings, founded in 1923. The Green Bay office was opened in 1971 and the name was changed to Marine Savings and Loan. The Frontier name was adopted in 1974, the same year the corporate office was established in Green Bay.

Frontier has 72 employees. Soutnern Cal Ed South Pac Sperry Rand Std Oil Calif Std Oil Ind Std Oil Ohio Sullalr Tenneco Texaco Texas Inst Textron Corp Time Inc Trane Co Tri-Cont Union Carbide Union Pac United Nuclear United Tech Universal Foods Steel Valero Energy Viacom Inc Warner Comm Wang Labs Wendy's Int Western Union Westinghouse Weyerhouser Wickes Wlcor Wilshlre Oil Wis Elec Power Wis Pw Light Wis Pub Ser Woolworth X-Z Xerox Zenith Zurn 29 38 33V 42ft 54ft 45ft 10ft 32ft 32ft 83V 25ft 37 21ft 20 49 55V 8 44 14ft 29 27ft 28ft 547 34ft 14V 31ft 25 28 ft 11 1874 10 26 19 18ft 1774 41ft 13ft 26ft Special to The Post-Crescent GREEN BAY Plans for the merger of Frontier Savings Association with North Shore Savings, Milwaukee, were reported today by officers of the two financial institutions. The merger would be the largest in savings and loan history in Wisconsin and would form the sixth largest savings and loan in the state, and the 10th largest of all financial institutions. Frontier will be come a division of North Shore, according to William D. Kary, Frontier president.

Frontier's corporate office will become a division operation and direct the Green Bay office and 10 branch offices throughout Northeast Wisconsin. The two associations have combined assets of $365 million, reserves of $19 million and 19 offices. Frontier has assets of $165 million and North Shore $202 million. Kary reported that he and A. Robert Seass, chairman of Frontier's board of directors, will join the six-member North Shore board.

The Frontier Division of North Shore will continue to function under the direction of the remaining seven directors. Kary also will become executive vice president of the Frontier Division. He reported Frontier had been discussing merger with other institutions until the association was approached by North Shore last Mossey Ferguson McDonald Doug McDonalds Mead Merck Merrill Lynch Minn Mining Mirro Aluminum Mobil Oil Nabisco Nat Distillers Nat Presto NCR Nicor NL Industries Norfolk West Nrthrn States Pw Northwest Ind 0 Ook Industries Occid Pet Olln Corp Outboord Mar Owens III Parker Pen Pan Am Penney, Pepsico Petro Resources Philip Morris Phillips Pet Polaroid Proc Gam Q-R Quaker Oats RCA Romada Inn Raytheon Republic Airlines Rexnord Reynolds Ind Rio Grande Ind Rolm Royal Dutch Santa Fe Ind SCA Services St Regis Schlltx Sears Snap-on Tools Southern Co 2ft 31 72 Vi 23'4 79ft 36ft 50 1174) 25ft 29 24V 32 46V 32ft 44 50 25 64 35 25 22 16ft 29ft ISft 2 29ft 37 36 53 42V 20 78ft 3574 17 574 '43ft 4ft 15ft 4974 37V4 34 33 22ft 14ft 32 lift 17 19ft 11 A Federal Exp 45 Vi Abbott Lab 28' Fireston Albv Int 24Vk First Wis Carp 29H Alcoa 24 Ford 17 Alco Stand SOMi Fore-McKoss 38 vi Allied Corp 44V Ft Howard 34 'A AIMS Chalmers lSVi Fruehaul MH Amer Airlines 14 Amer Brands 39Vi Gen Dvnam 26 Vi American Can 37 Gen Elec 554 Amer Cyan 27Vi Gen Foods 31 Amer Motors 2' Gen Inst 4444 Amer Std 28V, Gen Mills 37V Antieuser 434 Gen Motors 31 Vt Archer-Dan Mid 17tt Gen Tel 32 Armco Steel 26 Georgia Poc I'M ASA Limited 50ft 17V 59V Goodrich 19 Goodyear 18 Bally Manutact 27ft Great Nekoosa 36 Beatrice Foods 20 Greyhound 15 Bemls 24V GuKOil 34 Beth Steel 20ft Gulf Western 14 Boeing 26 'A Botse Cascade 35'4 Hammermlll 28 Borden Co 28V Heileman 27 Browning Ferris 31 Hilton Inn 39ft Becyrus-Erle 15'4 Holiday Inn 28 Burlington North 54 Homestoke 43 Burroughs Corp 29 Honeywell Corp 81 Brunswick 20V Honda Motor Co 40V. Huffy 14 CSX Corp 55V I Cht-MllwCorp 58V IBM 52ft Chrysler 4ft Illinois Power 18ft Coca Cola 36Vj mco 14ft Col Gas 30 Inland Steel 23V Comsat 58ft Intl Harv 8 Com Edison 20 Intl Multifoods 21 Consol Foods 30 Intl Paper 40V Consol Freight 38 Intl 27 Continental Corp 27 Control Data 40 Jim Walter 17V Corning Glass 57 Jack Winter 4ft CPC Intl 34 Johns Man 15V Cray Research 38ft Johnson Control 26V Dart Kraft Ind 48V Kaiser Alum 16ft Doyton-Hudson 57V Kerr Glass 12V Delta Airlines 55'A Kimberly Clark 58 Detroit Ed Uv Kmart 17 Disney 52 Kroger 23 Dow Chemical 27V Du Pant 39V Lib Owen Ford 26ft Litton 60V Eastman Kodak 44 Esmark 53ft MCA Corp 41 Exxon 31V MGIC Investment 41ft Mark Controls 12ft Falrch Ind 14ft Marshall Fid 15ft i8.ii Current Rate Annual Yield 90 Day First Mortgages (6 Month Mortgages Also Available at the Same Current Rate) $7,500 MINIMUM INVESTMENT FOR YOUR PERSONAL OR CORPORATE ACCOUNT OR PENSION PLAN. THIS IS NOT A POOLED FUND, THAT IS, EACH MORTGAGE WILL BE A FIRST MORTGAGE LIEN ON A Dow Jones Averages At 10:3 am Appleton Industrials 866.43 2.28 Transport 382.63 1.19 Utilities 108.16 .07 Volume 15,689,500 Amex, Trusts and Miscellaneous Quotes Amo Listings InHHhnMt Trurit 17 18 25 26 14 14 27 Vi 28V4 31ft 31V4 La sen Co Long view Mod Manlto Co Ma SEPARATE PARCEL OF LAND IN THE GREEN BAY AREA.

A professional team with 21 years of experience that has resulted in millions of dollars of successful placements. Frank Manders, CPA, Atty. at Law Dal Wood, CFP Paul Mongin Chester Lewicki Norbert Urban Jack Kosloske, CPA 5 Vk Marcus Marine Carp 22 23Vi Marsh lis 20 21 'A After a meeting with James F. Mc-Kenna, president of North Shore, Kary said, "We quickly agreed that the two institutions had the same philosophy and could function as a single organization." Kary said the proposed merger will be submitted to the Wisconsin commissioner of savings and loan today, and quick approval is expected. The merger proposal also will go to the Federal Saivings and Loan Insurance where a detailed review of the plans will be conducted.

"We are expecting final approval by the first quarter of 1982," Kary said. McKenna said the merger will result in an institution that will be in a Wisconsin Tissue contractors omitted for Plant 2 work A story in the Nov. 2 Post-Crescent on Wisconsin Tissue Mills' $82 million expansion project identified various contractors as working on the entire project. Actually, the firms mentioned in the story are only working on the Plant 1 portion of the project, the addition of a third tissue paper machine. On the Plant 2, the company's concerting and shipping plant, expansion, the general contractor is P.G.

Miron Construction Co. Men-asha. Stephenson Electric, Appleton, a division of Hietpas is doing the electrical work, while mechanical is being handled by three area firms: Azco Appleton, site utilities; Bassett Appleton, heating and ventilation; and Grunau Co. Appleton, plumbing and fire protection. Milwaukee Road gets track lease OK'd CHICAGO (AP) Officials have reported that the financially ailing Milwaukee Road will be allowed to lease about 88 miles of track belonging to the Rock Island Railroad in Iowa and Minnesota.

The Milwaukee Road is currently undergoing financial reorganization in federal court. Officials said a majority of the track to be leased runs next to the Milwaukee Road's main line that runs to Kansas City. The railroad has operated the route since 1901. On Monday, U.S. District Judge Thomas R.

McMillen, who is overseeing the financial reorganization of the railroad, granted permission for the leasing, according to Richard B. Ogilvie, the Milwaukee Road's court-appointed trustee. Ogilvie said the leased trackage was mentioned in the railroad's most recent reorganization plan, submitted to the court in September, He said the leases are consistent with the plan's intention, which is to concentrate on those markets in which the railroad can be most competitive. The lease grants the Milwaukee Road use of track, right-of-way and other facilities on the following Rock Island lines: West Davenport to Muscatine, Iowa, including industrial track at Muscatine, for a total of 27 miles. Davenport to Iowa City, Iowa, including industrial track at Clinton, Iowa, for a total of 54 miles.

Muscatine to Fruitland, Iowa, a total of seven miles. Industrial trackage at Washington, Iowa, and Newport, Minnesota. U.S. GOVT. TO RUN OIL LOTTERY Texas, the largest oil producing state in America, will have thousand! of acres of oil gas leases put up for lottery.

If you are a U.S. dtizen, 19 or older, you are eligible to enter this little known upcoming lottery that can be worth millions, for details official entry cards rush $1 .00 tot Jessco Oil, Inc. P.O. Box 58771 Dopt. 10 Worid Trade Center Doftas, Texas 75 25 8 A US Govmmtnt Lottary Jerald D.

Newman CLV. CFP. Pmtidrni Certified Financial Planner Minnetonka Mosinee Myers Ind Nicolet Inst Norstan Olvmpla Br Pabst Br Sanders Inv 7.28 7.96 Wellgtn Fd 9.56 Wise Incm 3.02 Mlsc Quotes Air Wise 13 Amer Appr lOVs lOVi Apple Cmptr 19 19ft As Bk Corp 9V Auto Trol 3 3vi Banta Geo 12 13 'A Buckb-Mears lOVt 10M CGA Cmptr 7 7V4 Chlchl's 20 21 Chldrn Work) 5Vs 5'4 Comserv 14 14Vi Cons Paperi 27 27Vi Consul Corp 7 '4 7 Coors 10ft 11 CPTCorp 1914 19ft 19 19VS Data Card 9 9Vi Dean Food 19 20 DeBeers 6H Farm Ho Fo 7Vi 7 First Natl 14 SVi Genetech 34V4 UVi Icot 3H 3 Intl Mechsm 8H 8ft InllDQ Utt UV, KOSS 6 7 Lake Sup DP 11 lift Pentair Air Express Amdahl Am Med Bd Badger Meter Chieftain Dev Coleman Corp Cornelius Crutcher Re Dome Petro Dorchester Gas Gen Defense Giant Yellow Glatfelter Houston Husky Oil Iroquois Brds Kenal Corp Macrodyne MCO Holdings MCO Resources Means Metpath Medalist Post Corp Ranger Oil Regal Belolt Resorts Intl TocBoatBldrs Tokhelm Transct Oil Bd Fd of Am 10.7111.70 Eaton Howard: Bal Fd 7.6 I.M Stk Fd 10.67 11.50 16 Eberstadt Group: 4V Chem Fund 9.63 10.51 Is Energy Fd 13.7615.04 Survyr Fd 13.54 14.80 '2 Fidelity Group: Fidel Fd U.42 14Vi puritan 10.04 Fid Trend 30.51 Investors Group: IDS 4.W 7.5 1 Progressive 4.44 4.83 Mutual Inc 8.85 .2 Stock Fd 18.4020.00 Selective 6.14 6.60 Var Pay 9.96 10.83 Mass Fin Svs: MIT 11.7812.70 MITGr 12.7213.71 Mass 8.50 9.1 MV Newton Gr 19.84 Putnam Inv 9.31 10.17 SelAmShrs 7.25 Seligman Group: Na" '5 15 TOX Manoaed Fund 1S for Utilities 14.21 15.53 Tot World Fit 1 90 07 YvReoi (oblate Srweblmend 5ft 6 8 8'A 15Vi 17 14ft 14 11 llVj 12 12 12ft 13 18ft 18V4 4 4Vl 31 31ft 10 10ft 9 10 44 45 8 9ft 14ft 16ft 18 19 2ft 3 8 9 36 36ft OF WISCONSIN, INC. Petro DC Pres Steyn Prewav Save-Woy Sensur El TSI Val Bancar Varlen Visa Expl Wausau Pap WestDpLev Financial Services, 4321 W. College Appleton, Wl 5491 Phone 731-4852 Wis.

Toll Free 1-800-242-8340 Weigh-Tronlx 13 13'j Williams Elec 29 29ft 1 142 Main Green Bay, Wl 54301 Ph. 433-0128 Wis. Toll Free 1-800-242-5617 2ft Xcor Intl 2 Ziegler Co 7 Consolidated Papers reveals large reinvestment plan WISCONSIN RAPIDS A $67 mil la Short-Tferm, High-Yield Investment A 6-Month Money Market Certificate From Home. $10,000 Minimum Deposit Required. The current certificate rate of 13.659 is payable for the entire term of the certificate.

Call the Professionals at Home for full details. MAIN OFFICE: 734-1483 WEST OFFICE: 7313116 LITTLE CHUTE: 788-9106 15.31 HIGH YIELD PLUS LIQIUDLTY ZIEGLER MONEY MARKET TRUST This ftlrsctrrt yMf Is sm el sewn Trust MMUts. tt ie the entreat 7-dtj seeiMlizse est ssvtstnoel am is el Ocl. 28 Ike mrtge esfttello Mterity sm 28 tfsys. The ytsM Is est onsrsinetl see1 my tt thert-lerei (surest met change.

CONTACT US TODAY! pr B.C. Ziegler SfA and Company Giltedga Bldg. 4321 College A vs. P.O. Boi 1995 Appleton.

Wl 54913 Phont: 414-739-2364 nr. lion reinvestment program for Consolidated Papers Inc. was announced today by George W. Mead, chairman and chief executive officer, and Lawrence H. Boling, president and chief operating officer.

Termed the largest one-year capital budget in the compnay's history, most of the expenditures are to be made in 1982. Included are improvements at each of the company's 10 mills and plants, as well as in its forestry operations. At the company's Appleton Division, the bulk of the expenditure, according to a company spokesman, will be for railroad cars used to transport log "chips" to the plant. The material from the outer part of the log, these chips are the ingredient of the pulp produced in Appleton. In announcing the program, Mead said the Reagan administration's economic policies encouraged the company to move ahead with the pro- gram.

"Our 567 million capital budget is the type of reinvestment needed to improve plant efficiencies and sharpen the competitive edge of the American industry. Investment incentive policies enacted by Congress at the urging of President Reagan certainly encouraged us and supported our decision." Some of the major capital projects scheduled to begin in 1982 include a new off-machine blade coater at Wisconsin Rapids Division; paper machine improvements at Biron, Wisconsin River and Stevens Point divisions; pulping systems modifications at Wisconsin Rapids and Stevens Point; pulp expansion at Wisconsin River; and process changes at Consoweld Corp. Paper machine improvements are scheduled for 1982, but there are no plans for a new paper machine. In 1981, the company expects to spend $34.7 million in its reinvestment program. Consolidated Papers is the largest producer of enamel printing papers used by national magazines and commercial printers.

The company is also the leading manufacturer of coated specialty papers used largely in the packaging of convenience foods. FSLK OD7 HOME SAVINGS 320 COLLEGE 2835 COLLEGE 'APPLETON II 7 525 MADISON LITTLE CHUTE UUU We help tailor dollars to dreams Weatherline 733-5151 Recorded at WHBY 1230 80 to 300 3 High 6 .55 month cd Quality Corporatt Bonds U.S. Government 1 A Guaranteed' WRITE-OFFS QUESTION: How can I obtain write-offs at high at 80 to 300 with real estate and what does this mean to me? ANSWER: Due to the 1981 Tax Recovery Act, commercial real estate can now be depreciated over 15 years instead of the previous depreciation schedules that stretched out as long as 67 years. You no longer have to be intimidated by the Internal Revenue Service with depreciation schedules. The Congress has allowed this incentive to help spor the private sector of the economy.

Through the use of other strategies as the Rule of 78, land lease discounts, and many other techniques allowed by the IRS, the write-offs can be substantially larger. The results ore fantastic. For example with a 300 write-off for someone in a 50 tax bracket, a $90,000 write-off would be generated for every $30,000 invested. This would create a $45,000 tax refund or $15,000 more cash received than cash paid out. If this is done each year tremendous amounts of cash flow can accumulate.

When the properties are sold, then 60 of all write-offs taken are forgiven for federal taxes (the same for Wisconsin after 1984). Plus, taxes will be paid with a cheaper dollar due to the erosion of its value from inflation. If real estate prices continue to rise over the next several years, a potential profit may arise from the sale of the property. Therefore, you have created an interest-free loan from the U.S. Treasury.

Without a tax plan you have a 100 risk of loss for taxes due. With a tax plan, you can convert your tax dollars into potentially profitable investments. IV $5,000 Minimum HIS CURRENT RATE: ANNUAL YIELD: .25 Federal Income Tax Free 1 5,000 Minimum $10,000 EARNS: Edward D. Jane tr Co. A Membtrs Hnr Yort Sloe EicHam Ire AMm "Mtmoir itcuntiB Invtstor Prortction CwPi" Far Comptltt DUH Wrilt or Call: P.O.

Box 1711 Appleton, Wis. 5491 1 (414) 739-7719 The average American family pays $8,800 in income then goal number one should be not to exceed the average. Call for an appointment to discuss your investment and tax needs. Frank Manders Chester Lewicki siQU Now at Twin City Savings the Money Market CD is an even better investment. Because of recent regulatory changes, we are now able to offer you either the rate determined by the most recent treasury auction, or an average of the last four weeks, whichever is higher.

You can now earn even higher rates, with insured safety and know your investments are working here in the Fox Cities. In addition, with a qualifying deposit of $10,000.00 or more you may receive a beautiful premium item or $20.00 in cash. If you want to earn even more, we can deposit your interest monthly into your regular savings account or your NOW checking account and you will earn interest on interest We're here to help you build a strong financial future. (Interest rates shown are for the week of Nov. 3 to Nov.

10 and are subject to change at maturity. Regulations require a substantial penalty for early withdrawal, and compounding is prohibited during the term of the account The annual yield is based on a 365360 method of calculation and assumes reinvestment of principal and interest at the same rate upon maturity.) I Would Like Further Information on: High Quality Corporate Bonds I U.S. Government Guaranteed 1 Federal Income Tax Free Jerald D. Newman Norbert Urban aU. CFP, Praadant Certified Financial Planner An Authority on Fmandoi Phnning Name city sflvinGS Address WRml Sbtate tfnvebtmentb OF WISCONSIN, INC.

FINANCIAL SERVICES 1 1 42 Main Green Bay, Wl 54301 Wis. Toll Free 1-800-242-5617 Ph. 433-0128 RI1D LOnn RSSOCIRTIOn Cty. ESLB State. Phone NEENAH MENASHA WEST NEENAH VALLEY FAIR PHONE (414) 722-1501 4321 W.

College Appleton, Wl 5491 1 i.