Express and News from San Antonio, Texas • Page 22

Pago Son Antonio Sunday, Fob. 16, 1964 American Stock Exchange Atronca Aerosol SI Aid Ailc-rn too AUpl Pk .30 Ala Ppl I AianWVI 5k AIM Alaska A i AlleahC" wti AllrjriAIr ik AllTlft Rub Allied Art AMtedArt pf AlliWC 07d Allied Alloys Unl Alcqapf 3 35 APsco int Ailamll Cp Oil Trade In Bonds riot Kosl-ng Hoirl Hebrew HeclaM Hncke Hlga 1.30 Hfrl HtlWE pi 4 HendPP .10 HtrcGI Hgble .80 Migtiwov Tr Ilighw Trpf HllliSup HHn Wl Hoe Co 1 A BONOS 1 NW YORK ILPI1-- Ovef tounlfr'! U- S. Ihiij 1 Intrude! weekly high, Tow end 1 closing bid Ihe clonge Ihe picvioui week 1 cliing bid ond Inl ia 3i I9M Aug 9S.9 J.W TV? 0fp 19W Kov n.23 9S.23 3.1* 5 1 51 (t 1 June 96.14 94.11 94.11-- .3 364 9B.2i 9S.24 J.Wi Dm 92-10 97,8 92.8 1 1rn Ol A .75 i 196? 196S Apr 1968 Moy mco Am Bcver A Book l.BGa A a AmScal AFhrdpI .25 AnchPd -BO An'clex Cp Andrea Ao'dyG AnglLA AngWup .30 AnsulCQ .80 AHlPool .15 Aoache Cp A Apollo Ind ApPwpf AquoChem A us I nc A a a I Armour 1 A'rfiW Ftlr Aiomcra FdS.30 Launcf Also OilAG .40 Asso Tsl MTrex Alco Chcrn AIICL 2.40 All Rcsprth All Thrift If AllsCnM 5k AllDiCp wls AHasG AMos Srw AudloDcv 71 AuloFtad 4V. Auiosii Avlc'n Avlsrnd .101 AyrshColl I RSF Rally Bokerln Rnlcf Bold RcrrrjainT 8k Bamcs Eng RnrryWr .58 Boruch Fst Rnyvicw Oil 1 2Vii 63-68 Pec 4i 1949 t-cb 1 69 June Ji 194? OL! 1 nee i T'. V.

45 3 8 3 9J.M 99J? 99.19--.2 a.94it] 0 ,15 98.16 98.2S 35-- .2 1.40 9 4 1 93.30 3.Si l(iH S.jO W.30 99.58 99.00... 93.5 93.0 93.5 .3 P9.38 V3-12 95.t2-f.2 6 7 0 Murch 9 2 4 72.0 97,3 4 1 1144.71 Mur 91.2 91.0 91.2 2 1971 Auq 99.IS 99.13 9B.10 9 8 6 i.l V9.2 99.6 88.31 995 990 65.22 GB.1B 84,19 E.13 EB 18 97.28 97.26 93,10 93.6 98.10 97.6 92.2 97.4 ss 4 as.a EB B7.2B 87.2-1 87.76 IM.ll 100.9 100.10-- .4 4.1' 89.B 4.17 l'rt 1971 1972 Fob 67-72 45 1972 Aug 3''n 67-73 Sept 3' 67-72 Dec i 3 1974 Hov 19SO Feu 3 1930 Hov D'-ii 78-81 June 1.60(i alsjltowell I'oJIlfud Won 3 i .70 j'lO-HughsH .101 88 3H 2 OH 97 4.1l'Hycon Af 88.21 4 0 Fd 1 4 2 i Magn .4. 4.13 rh frf i 87 92 Aug 101.2 101.0 101.7 4.17 GB-93 i i 3 97.30 9J.O 4J1 iy 9879 93.24 98.2B-I-.7 4.18 84.16 B4.10 84.U .2 3.85 88.B S9.6 88.8 4.13 In dollnn and Che ImpCH 1.40o FmpThC Ind Tel Ind iSb 46 V'l 4H 4i Z590 97 9il 1 215 73M 20 ir 4-f 4 31i 31i-- '1 --C-124 H'oh Ln' 38 25'i CrnCPc) 16 13 ri 1 IVi i Dro 13 I 1 Oil n- ft jOvilat Oiblc 471 IVi I --R-- 1 A JO Data Could Dovirfson Oaf Dayco Cp 2 DC Iran .80 Defiance 5V: Ueltonu DcnMFgA 1 56 i -D- Zl 30 35 ndBHrd 3k Ind Plyw InfandCr ik InlndH A 2 Int InlHoId 3d hnl ON Int Prod Chg. ilnlSIr I Inlox Oil i fnvFnd 7Vi--Hllnv Prop Bl X'A-- Vt Inv Ro 5 11 34 AV4 10ft 11 2Vr sk Hid Del Ho Devon 1.40 'Olallqht Jl Oleltclrlc DIvisyC .60 Olxllyn Cp DlxllynCp A DornSM .40 II 1 '4-- Vi 308 52V) 4'tVt--Wi Z90 160 159 ItO 4 3 7 L'i 6 1 Aft-- 12 12 117 II ttVi 2flft4- ft I i'A 4- 28 26 71 6H 21 53 113 17 28'i I 3 I i'A 2ft irlni .60 Bccfc STl.45tJ Bell Hied Bell TC2-20 clock lust Bemus fcerkey Pht ncthcp Blckfch la BlnnvS -60a Blrdibor 4X FU-nlBM Blfdlnd Jk Blossnion 5 I Boliack Borne Chem Hourjol Bowl Cp Bawmar In Brnd Foole BrodSp Pkg Brandy Brail TLP Rrccic BHAm Ol 1 RrlATb BrATbr BrllPet .311) Brooki I nit. Bwvun BrnF A BrAF BrjvnFpf .40 BrownFo BrpwnFb wl Bruce E.L.

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40 4 3, 1 Cl Cp 51 SVs 3 cnlChg .30 33 11 10V, Vt tn Had ley 23 til 110 110 enMpf 3Vi 74'A-- 1 enSec IV.d 14 19'A 1BT', 19 Vt nScpf 1.40 125 3P, 31 ,1 31 3 Vi .50 6 9 9 9 Geop 16 2Vt 21V-- 'har Oil 43 fllO 1(8 119 10 11 11 .73 58 5 5 JlRvf 1 Tfla A 77H IVi Mln B9 ITi 2 Oik IBS 6 4- Vi 81 IT 1 ISVi 1 -i- 1 Ilneromo 41 II 1 1 19 17 Wt oro Mf 120 Cp 6'', ST. tVti Vt Hopay Cp 3 2 lohuElec 3d 47 SU S'A I', ColcmanC 1 47 48 Colons 29 Vi Cflmty DKc 38 Ph IVi ComPS 1.20 X8 43Vi Vi Compo Bl 3-1 2 122 2.1V, lonMS 11 79 Cons OlfiG 68 3 1 3 1 Vi 8 9Vi 91 1 Cons SvnRy 132 (12 117 Ctmslrucl 53 Li Con! Avlotn 6 7 i fc'i ConfCml 70 1 5 5V, CftlCon .500 6'i 6Vj tVH- V. Cont Mat 203 t9 IB (8 1 CooV PV 1 3 70V, TOT', Conl Tel 75 14N 14 CoopJr 221 7 8 4 Hfc Corby-A ih 1 isn IB 3 Coro Inc 1 4 7 1 7V CoffRty 4 23 7 23W 4 CorrRy pi 1 1 2Wi ColtCp 73 7 6U 'A Creole 3.30b 104 41V, 4)Mi4 Creilmnr 2k 8 Slfc 5-A 14 Croie 'Un 6 CrawMil ,15 1 7H 71i-- Crown Alum 12 3'A Buy Notes REAl ESTATE LOANS Ltnfl money Io Build, fl- nonce. Poy Taxt t. Ranch.

Comniej-- cltrl, any piece l.i Texai. IESTER MORTGAGE CO. Ounltr tildg. CA 7-I1M Ret, IE 2-llir FullonlmJ 51 MH Ga Ind 64 2M Goron Inc 17 141i 13V, GolcwSI .32 11 ISVi WS-- A wt 14 TM Gen Alloys 5 7L, ri, 2 1 GenBtly .40 xl79 TM Gcr Bid 44 J. Gen Devtl 306 4 i GcFlrft J5d 26 Wt GenFm 126 13 12 7 GenGoi -ISb 111 TM Gen Plywd 101 14 1 13'', 14 4 4i Gen SUs R3 1 Genl bupor 181 5 7 'A 19 4 Gcnlico .30 x7S i'i 8M BVif Gwungs .70 1 I'i IHi-- Vt TM Goophyslc 32 26U Go 4 6 0 HW 98Vi 98 A Glannlnt Cn 257 Glnl Fd .40 6 9U Ginl VI .600 134 lOVi 10 10V)4 A Glibcrl 28 IO 1 9t', li 1 Gloss Tile 64 4M 4 4 Vi Gl DilB.70 18 17 It GlobcSc .57 17 16'rt-- V- Gloiay x21 13H Vt Glckn 47 10V, 10'.

tOH4 Goldfleld 4 4 Pi P-it- Vt TM Gdn 79 73 3 7 Goorfway 11 4V, A Gorh 79 23U Vt Graf Mtg 50 8V 4 Vi Gl Ind 174 Vt 'A Gt Boi Pel 297 GILkiB 9 3V, Vi Gt Lks Ch 79 3 IS, 3 4 a GlWtPtf .10 5 n't 7 7 GUVPpf 1.80 7350 28 Hyrtr 179 4Vt 4Vi Grlesedk Ib 1 14 14 14 Gr 1.40a 135 4S 45 45 4l Grow Cp 190 4 "A 4 1 Guerdon 11? 11 'A 17A4 Vt GuK Am Ld 767 4 i p. Cull SI Ld 35 WA IS 1 I6'l- 4 Gull Sulphr lOt b'-'t GlfiW 5V 96 18V4 7BV, Gull on md 51 161, 151V ISVi-- I --II-- M8 Am 2i 2Vi 2U Moll Lomp 17 7V, Hndlm 40 10V, Hanson 127 141i 'A ma 39 9V tVt 91 1 Horn Co Wt VA Harnih 72 19'A 20V 4 HartSIri 31 18 tVi 6Vt Vi WANTED Ditcounf ffnt livrt can If a cl I. Oil production, oil mtnlt, piaHuting royolry. C. C.

1016 N. Afamo, Son i Anlanio 15, 5U-CA6-0278. -II- hd- 1 High Lo loit Ch7 V. i i 3'i 132 4 1 l(Pt 4 32', i JJVi IW IW 170 81 Vi BO 20 an II 5. Sli 5 2C 3 IS 111 TIO ItU 14 14 35 11'-, lH5 ZJO 10? 1 12 IB 1 11 DO 99', American Stock Symbols i 99 4- "4 31 31 r.

ISVj 70 vj 34V, 34' 17V. 5113 5113-- IS 2 2 Vj 2 2V, 1 Coip All lalei In hundredl (00k cmHIed Scrvomtch 't lor those dtslgrwKid (i) which; Sefon Irodtd In IQ-ihore loti and carried; SrwerSh 'jOVjMn full. DIVIDENDS: (al plui extra; Ibl StolDn paid lait year) (c) on accumu-1 a dividends; d) declared or pcld i OA 1 lor this year, no regular rale; OB stock; tg) annual rare plus slock 1 SlgOlpf 140 dividend; (M capital cflitrltiuUon; (I) per 1 Silicon TVon cenl In stock; (k) per cent In slock paid! Silver Cik lost year; x) FRACTIONS: Sllvray Ll (F) Indicates following ligure Is fraction Simpson .70 In tttndsj tndlcarei figure I SlnclairV 3a li fraction In 641ns; Ir) Indlcoles tolTow-ISfngerL ino llgure is fraction in mthsr Skylin rndlcalei following llgure li darllon In Slick Cp 2561tu; Indlcalei following Sanolone co fraction In 16ths. SoCEdp .05 I l.CA JSoCalE 1.03 I SoCalE 1.19 lSo Ca 2l'i 3 SoGulf Ulil 6V, RealUI 1 i IOT 2 U. 7 70 42 23 --t'A 6 V.

34 16 4 474 IS 14 --J-63 1 15 3V. 3 Vt 4V, 50 7112 714. 8 313 31? 2 13,1 22 52 2115 67 IS WkCI .30 Mcdkks .30 Needhm F'V; Nolly Dn NslLAA Mew IdriaM Inert ParVM 2.Md NYHond II Homo Cp Norarnco NofF SoRv No Am Royl Ho CanOils Ho PenRR (Jocost Alrl Hoi PSp tJovoln Huclcar Am OafcMFg .30 OcdPe! OMoBr 1,60 OhloPp 4.50 Okl Cement Old Town OldTnp Ooklep Hid Osullvn OverS 2.93b OxiordC .30 OxfordE! 6k Vj OxIdMFg .60 ipncciy 1.40 PacCSp 1.25 PacCsiP 5k Pa GEpl.09 PacGEp Hi Pge 4 8pl.20 15 Wt 10 7 im 71 31 1 63 54 WVi IlO 68 89 TSO 94 34 310 --o-- 67 1 i Dip 1.60 17 i Fora SO i StrJMel i SldWolP ,75 lAto-- std Prd Hif i i 7M II Thorn (8 --3 a A V. 2K'fc-- HI- ge 4 GESpf PGE5r I 1 IVi -12 -27 4 A i PGE 6p IVi Pnc tnd Poc Pac Lt 4,40 Pac 11 4.50 Pac LI 4.75 POC NAIrl PacNwT .88 Poc Pet wls Pac PLpIS 5114-- pnckr Sn Paddl PageHcr ,93 IV? 3 i i 1 Panlasolc 31 MvT a'i Park Ch 30 51 ParkerA Iq ParkcrB Ig Parvln PatoLd Peel Elder Pen Trfc .40 PenFron El PepBoy Pepperct 3a PepslLI .50 Perf PHOTO 1120 97W 96Vi 19 30V? 29V- 33 9 1BW 18W 233 I lOTi 2 3( 7 1 2 13 M4 11 27ii Stnr tnd ham In SleclPrl .70 Slelma 3k StepanCh 51 Slephn SterlAI Slerl Sler Prec Stelson la Slap Shp 40 ing Cohb HhW 51 i SuilMl Supcrcr Va Synte 6 29 18 29Vi 3U 2210 Wi ilOO Wl 96 3 7E80 3 100144- Z540 103 lOlVi 103 85 54 23 23 36 179 41 41 1 t'A IW 6 i Vi 16 V. 10'i ID 1 (nrfs To ton pf .40 Tamp El .43 Tech Op Teh Mcasur Technlco .50 Tel ASIgn Teledio Ind Telereqstr 3 Tcfereg wl Tclv Inrf Tenny Enq Twml Hud Texstaf Toxlron El Tcxtr lru.wt Tho nip Star ThmSpf Therefore 1 Thrilt TaddS I.iOb To I Ep4.25 TonoM Unlv 10 i 67 48 33 lltt 9-a- 272 19 tn i 2tt Vi pa --Vi tio TrnLux ,3 'TWA wl 11 20V.

104 ET, 74 3 Hi --M-ns ft-i. svi 56 16Vi 31 41 4 1 4H 'olrl 1 Prol 18W IB 18W4- Vi 6I't 7 1 21 195. 7 Si 7 33 17H 17 7 WcCrory wl McCull Oil Mead Meclco Inc Mclnor Mcnasc Merrill Kl Miami Ex Sk Mfch Cliem Mich Sug MtdWAb Mldwt Fcl Will Foci .60 MIIWoh .10 Wp 1.35 lloEl Wlnn WlroA 1.40u WQ XonTCt Mohawk Air Molybdnlt Wlybden lid Mono Pr Mn PCpl.50 Mont WdA7 MPOV Morse fCIn; MIDlabl .79 VMII 1 IsTtT I MavleSt onliTV 21 urryO l.M MskPR NachmonCp Nopco rJnt Nal Alia I 6K fat Bowl tlal Caskell Nal Co Inc 4IEqlp Pel rirpreiio Ha1 RollM Ha 1 Rub NolTrn -05b 13Vi Vt 70 3' 15 14 133 6Vi 7 59 1514 14 15 53 10U 11 6 13V. 13 i'A 5 5Vi Vi 30 IB'A 17 17 35 31'i 3 i75 34 34 34 Vi 3 JM 103 107 103 10 3J'A 32 Vi 95 104 1 104 1CM 4 7' 163 1S7 97i-Vi 103 17 4H 33 5 -4V-- V. MW-- li Peruv Oil PhlILD PhD Efcc PhlllEK ,20 PhilScr Phoenix S1I Ind PlonrA Ploner .60 Pitls LE6 PITTS Rys Plant Ind ist Mat Plume PncuScala 2 Pa In rod PoToran Potycasl Potychrnt 3t Polymer 31 Polier Ins) PowCon .25 OIL 1'Aa Micro Prccwro II PfnHoll Pr RR PrslnM PrcSII -IDb ProdRc .201) Pro Prophet Prav Gj .60 PubSCp 4.75 PuerRT 1.80 PurUSP .40 PylcNa Radlaln 3k Borneo Ramrr Ind RapA Rolh Pack Rayclle ilEI 1.20 il .96 RltyE R11V l.OSb REPM Corp Rcdwng .44 Reeves Bid Reeves Ind RIC Group Reli Rellanl 1.37 tAr RepFIn Rep I no 1 .30 Rep Tranln Rcslflcx .40 Rest Assoc RlcoAr RIoAIg Rio wl Rla GGs.16 RLIIer River Br Ig RachGEpf 4 RotJnev Met Roger; 3k RolnsBrt Rooscvell RoosR RosnauB .44 Ross Pro Rowland pd RoxbrvC ,50 Roval Am Royal Sch RoyalMc Ruico Inrj seks Inc Ryan ConPt Ryetsn 265 12 10V, 4 110 90 4- Vi 4Vif 1124 tl 3.5? Vt 27 5Vi 3 11 IPh 8U XW 11 IOV4 11 Vt 123W 123'A 123'A-- 24 Vj 24'fy-- Vt 2Vi 2Vi TransA TrnsWS Trav-ler Sk TrlqC Trl a Tru Tni 1.20 Ujiexc Chm UnGosC .60 Un Inv 7 24 XlJM 92 17 3ri 39 210 HV.

1137 43 8 3 7IS 716 718 4- I) 31; 3V. X37 7'A-- 35 Ul't 16 VI 1SB 36 I3V1 13'4-- Vi 21 04 HH 15 146 63H 59 1V -Q- 9 10 9 10 14 Hi 2Vif --R-85 171ii IPS 3 iou 29 i'i T' 15 7'A Un 40 Shops UAP Un Asbstos Ur CanOG UnEfas 1 60 UnWol NJRR .10 USAIrC .100 US Ccr US NalGas USRuR UldStyd .20 Unlv A Univ AJSwt UnlvAul UnvConE ,30 UnlCnlrL .20 Unlv Ins 1 Unl Ma .40 UrlsBd wls UrahldS .10 Vlctorn Viewlcx Inc Valr CC .50 Vila Fdl .60 nB pi Wok fid Wnllh Prec 115 111- 1 57 37W 36V1 t8 41 40U 5 21 3 I3 3 13'A-fr 4 18tt IBVi 1IV4 llVit- 21 4 3tt 178 216 2f6 II 26 115 U3 I 43 15 2Vi 21i 1 51? 519 140 19? mV4 41 7 90 17V, 15H 26 vVi 14 114 til 2Vjf I'i 5)? tl 1P9 6 V. I 4 II Si.i- MONDAY market reached its highest level In the first hour and Us lowest In tha last hour as cross-currents produced a llirou ghly mixed list. The biggest loser among the slock in Ihe average was DuPonl, off liile tlm biggest gainer was Westinghouse with a rise of The close was off 2.S8. TUESDAY It was a day for Ihe blue chips, with Telephone, Kodak, du Pont and Car- bide rising sharply and with 21 of Ihe 30 issues in the average posting advances.

Volume continued light, however, dampening enthusiasm over ihe day's advance of 3.45, which 1)ro "Sht a new high close. WEDNESDAY --Telephone's (ATT) bargain offer Io holders giving Ihem rights to buy at 100 stimulated heavy activity in thai issue and in ils rights, with a lolal of more lhan worth pf stock and rights changing hands. The stock reached another all- time high, and its acliyily sputred interest in other issues. Despite Ihe fact that New York banks and olher institutions were closed for Lincoln's birthday, volume improved. The close reached another new all-time high and was up 2.GG.

THURSDAY --Buying and selling pressure was in balance and Ihis was reflected In tho hourly readings in which the average was never as much as a full point in either direction from the previous close. Volume increased to Ihe highest level in 13 tradings days, but remained below shares. The close was off a modest 0.40. FRIDAY fas as blue chips were concerned, the bears appeared to be winning a struggle for supremacy. Declines among Ihe issues in the average were twice as many as Ihe advances, but sharp gains in Eastman Kodak, up and United Aircraft up kept the average on the upside by a minute 0.14.

SUMMARY Despite mlcrmillcnt assaulls of downward pressure, Ihe average managed another advance on the week, maintaining its record of no weekly losses since Christmas. The average scrapped within pennies on an intrad-day basis of Ihe 800 level, which has no major significance, but which is psychologically important. WEEK'S RANGE High, 709.21; low, 78G.58; close, 79156, gain, 2.97; volume, Express-News Analysis Broad St. Group Continues Mergers Ry WILLIAM A. DOYLE Mergers and changes of management control have been major items of news in the mutual XZ200 34 lOVi 42 9H 39 15 10'A UV'i 41 13i 19 4 3Vi 167 13 40 3 181 8tt 23 X22 2J? 8 4 4 --W-53 5 4Vt 12 10 fund business lately.

Any time two or mutual funds blend to become iiionc, that's news, ill's also news control of mutual fund management organization passes in one Io another. IS 1 i 4 12 9V. 4- Vi Vt IBV'i ft 21 6V'j 71 4 7 4 687 36 115 78 40V 142 11M 61V i'A-- I'i 31ft 31V. 5i IQVi IW aw-- 112 a i 58 3 14 ti 55 1150 8A 4U II 13', in, IB 15V. 1-1'.

Wlwlh WosIChm I Ib Fash TUp 4.40 Wsln tqull WslHuc OSd 1 wsisrin Old WeilTb Wbg Sh 1.70 While Eagle WhltrStag I Whitcnoyr Wichita Oil Wleboldr St Williams Br Willlms RC WmsMW Jk Wilshlrp Oil Wilson nr WIIBr pi.25 Wood Jo .60 (0 Woodll l.O .75 Wright Hrg 4'A 3'A 23 3 24 Dojle These items have Iwcn dutifully reported. And it is ex- peclcci that more stories of that type break in the future. The trend is picking up. While most of these actions have licen one-shot affairs, one mutual fund organization has been using the merger technique for a long lime. The Street 191 101V 10 133 10 Jtl rioo 4Vi 9 1 6V4 fc'A-- Vt IQViH- Vt 2tlS 311 IS VilYonkr 35 10 1 IB 5 1 IW IVi Vt I7VH- 6 7 VA 218 319 13 1914 10'A ,1 33L-1 24 Vt 6 V.

2 21. i Zafe .60 i7apa1o OHS Foods SOgoGSpf 1 SO G4Vp.90 Savoy Ind Soxn 7.501 SavreAF ScreenG Scurry Rain SbdAIIM .30 Sbd Ply Sbd WA1r 50 3U 3 1 8 2', 36 4'A --S-9 20 20 19 Pi 12 1 33 23 2 19 19Vi 14 Wt i 11700 30 )3 32 70H 91 10 17 3 12 1J1A4- 'A 10 V4 17 19 2QV Total (or the week Week Ago Year Ago January to 19A3 to TALK PI.ANNED WASITINGTON CAP) Group of "AMIINUTUN A Secretary of Slate Dean Rusk will address the convention of the American Association of mutual funds (Broad Street Investing National Invesl- ors Corp. and Whitehall Fund) is easily the leader in the mutual fund merger movement. This is spotlighted ly the announcement that Broad Street Investing, the diversified fund in the group, has acquired the assets of Berjo a SOB private Investment company 2Slh Company Bcrjo liius becomes the 2Slh investment company which has been merged into one of tho three funds in the Broad Street Group in the past 11 years. Aia result of all those deals, tho three funds picked up additional assets of close to $96 million.

In the lalest acquisition, Broa Street Investing issued 77,551) its shares in exchange for Her each of the funds in the Broad treet Group, notes that the 2S 1 companies into the jroup since 1953 have included personal holding or private nvcstment companies, two pub- tcly-owncd closed-end invcsl- nent companies and three pub- icly-nwned mutual funds. "Additional purchases of asset transactions are under consideration," he adds pointedly. Stresses Importance Brown stresses that acquisitions of Ihis type are "of im- lortancc to shareholders," tie- cause of Ihe a a hrough which the three mutual 'unds in Ihe group and Tri- Conlincnlal (the big closed-end investment company of which he is also president; share the cost of management, investment research and administrative He explains that "the costs qf services is shared on tin nasis of the ratio of the assets of each company to the assets of the four companies combined. When new assets are acquired, they immediately absorb their share of expenses and take over from olher shareholders a lion of costs." jo's assets. Those assets arc de Vt SVt-- Vi an 4- GET THAT "IMPERIAL FEELING" AT MITCHELL CHRYSLER CENTER if you appreciate tha Knelt, and can afford )l, teil drfva an Imperial you buy any luxury ear.

Call Jaeobion, Imperial speciality, A 4 6 3 3 1 or DI 4.914. SAVINGS TO $1800 on "Executive" Imperials, '61s to '64s 2600 Iroadwny if Airoil from BmcVcnririg. Pail MITCHELL CHRYSLER CENTER School Administrators at Allan- lie City Sunday night, the Stale Department announced Saturday. scribed as "consisting entirely of cash and marketable sectir The ac Street In itios of good quisilion lifts Broad vcsting's total assets to jusi about million. Fred K.

Brown, president, of FIREPROOF WAREHOUSE SALE OR LEASE 50,000 sq. ft. -includes 6,500 sq. ft. air conditioned office and showrooms.

CA 6-3344 Prominent location FOR SURE STARTING FENSTERMAKER, In other words, as the Ihrct a Tri-Cnnlincnlal come larger, their operating ex- nenses become nropnrtionately lower. For instance, in Broad Street Invcsling's expense ratio (total operating expenses in re-, lalion to total assets) was 0.23, per cent. That's lower llian the expense ratio of most mutual funds. The; average in the fund business runs about O.C per cent. -A- MUTUAL FUND NOTES Still another chapter of the TAX-EXEMPT BOND FUND story Is now unfolding, with Ihe offering of 1.10,000 units of ownership in "Series 6" of thai "fund." Although it Is technically a fixed-unit trust with a redemption feature, the Nuvoen Fund- has many of the earmarks of a mutual fund.

Us assets are invested-in "municipal" bonds, the interest on which is not subject to federal income lax. That interest is then passed on to investors in Ihe fund, also free from federal income tax. SELL IT. LEASE IT BACK. Convert Fixed Assets Into Working Dollars The modern program of "sell and lease back" eliminates ditfurbing your bank line of credit.

This program may well improve your cash position, strengthen your balance sheet, and give substantial tax benefits, TYPEWRITERS INDUSTRIAL EQUIPMENT AIR CONDITIONERS ICE MACHINES AIRPLANES --YOUR FIXED ASSETS R. M. WARREN, General Manager CALL CA 6-6886 FOR DETAILS SUPERIOR LEASING CORPORATION Milan! Building San Antonio 5, Texaj IN COLD WEATHER INSTALL A RELIABLE IN YOUR CAR! Reliable BATTERY 115 SAN PEDRO.