The Miami News from Miami, Florida • 10

Market Feature Stock To New TV Station Here The Miami News Business World Tuesday, Aug. 1, 1967 10-A Channel 23 will carry information supplied by Dow Jones which announced today it would produce special business and stock market news reports for hourly use by TV stations. According to the New York Times, the program The Stock Market Observer was televised beginning today over a UHF station In Chicago, Channel 38, and that stations In Miami, Dallas and Houston have signed contract for the service to begin at the stations get on the air. According to The Times, the package from Dow Jones will include news reports prepared by the Wall Street Journal and Dow Jones staffs, together with a series of visual displays of stock prices, leading averages and other market information and statistics all presented orally. Channel 23 will be operated in both color and black and white by Coastal Broadcasting.

It was learned the new operators hope to get on the air by late October or November. Each weekday, from 10 a.m. to 4 p.m., the programming accent will be on the stock market. There'll be an electronic hoard giving the latest quotes from both the New York and American Stock Exchanges. Interspersed will be live commentary on what's going on in Wall Street, vignettes on the market, reasons for investing, features on the woman investor and market psychology.

In the early hours of the day, children's programs and news will be aired. After the market closes, there'll be news, sports, films and other features. Channel 23 actually will be the second TV station in Miami to report news from the securities markets. Within the next three weeks, closed circuit Channels 8 and 9 will begin broadcasting information from Wall Street to hotels and high-rise apartments on Miami Beach. The station also will have an electronic board giving the latest stock quotes.

By LARKY BJRGEJt ustntM id Iter a The, Miami News Business Editor of The Miami News agate Remember the old UFH high frequency television channel 23 which operated with limited success in South Florida in the late 1950s and early 1960s? It's going back on the air, possibly by late October, with a new owner and a new daytime format complete stock market report from Wall Street. The Miami News learned today Channel 23 has been purchased from George B. Storer by Coastal Broadcasting subject to approval by the Federal Communications Commission. Coastal's principals are Al Lapin president of International Industries, listed on the American Stock Exchange, which francishes International Pancake Houses across the country, and Abe Finkel, who operates 15 of the restaurants under a franchise agreement. Coastal is affiliated with JAL Broadcasting which operates a radio station in Hawaii and has grants to run five other UHF stations in the United States.

Station manager of Channel 23 will be Clark Davis, a former Miamian who has had experience in UFH television operations and recently was with a UHF station in Toledo, Ohio. Channel 23 studio will be operated at the transmitter in Hollywood. Rails Granted Freight Raise SEC CHAIRMAN 'Mutual Funds Cost Too Much' iiilIMiAfI i-T I I I I IMP I I I I -V I a LI i 7 ri fe TV- WASHINGTON (AP) The Interstate Commerce Commission granted the nation's railroads today a $300 million annual increase in freight rates the first in seven years. The action came despite Johnson administration requests to hold the line on rate hikes because of their possibly inflationary effects on the economy. The ICC said the present level of rates "is clearly inadequate to provide the carriers with sufficient revenues, un tionary effect of the raise, the ICC said reductions in freight rates "since 1963 have had a deflationary effect." The ICC said the major source of substantial rate reductions has been continued modernization of railroad plants and equipment.

It said, "We believe that authorizing moderate increases in freight rates at this time would, in the long run, do less harm to price stability than would denial of such increases or prolonged delays in making needed increases effective." "jf r--y 1 uj 1 I- i i IV. MNM derdale Executive Airport and Industrial Airpark. Architectural engineers Anson, Grove, Haack and Associates are in charge of the company's new building. ALOE CKEME LABORATORIES, INC. has received approval by the City Commission and Aviation Board to build on 8.5 acres of land located at the Ft.

Lau- MANUEL COHEN Suspended Stock Money Still In U.S. Naw Yard Timet Newt Service Market Place N.Y. TIMIS Delta, NE Traffic Up Northeast and Delta Air Lines experienced a strong traffic increase during July. Delta's traffic for July showed a 56 per cent increase and Northeast experienced a 60 per cent load factor for flights in and out of Miami. "We consider this just another indicator of the tremendous growth of air travel into the South Florida area in the recent year," says Walter F.

Jureski, district director of traffic and sales for Delta Air Lines. E. H. Bishop, Northeast's Southern Region vice president, said the company carried over 145,000 passengers in and out of Miami during the past three months. edy to protect purchasers who had bought shares but had not yet received delivery.

It appears that the SEC told the 60 brokerage houses not to accept shares tendered nor to make payment. Before the SEC was able to act, heavy drafts totaling "several hundred thousand dollars" appear to have slipped over the border. The National Daily Quotation Service is said to have cooperated with the SEC and stopped quoting North American's shares as soon as it learned the shares were New Yerk Times Nawa Servic WASHINGTON The cost of buying mutual funds is so high, the chairman of the Securities and Exchange Commission said today, that most investors would have done better in recent years if they had simply bought one of the stocks that are the favorites of small investors. Manuel F. Cohen told the Senate Banking and Currency Committee that the other advantages of mutual funds, compared with ordinary stock purchases, are "in most instances completely offset by the much higher costs of fund investment." He named as the "other advantages" the management of mutual funds by professional investment advisers and the fact that investment in a mutual fund represents, indirectly, a diversified investment in a number of different stocks.

Cohen assailed the various types of charges imposed on mutual fund investors as "excessive," "indefensible" and having "no parallel" elsewhere in the securities industry. He was the first witness at the committee's hearings on legislation to reduce mutual fund charges to customers. The legislation vu recommended by the Seruritie and Exrhang Commlmlnn laat December, after eight years of stndy of mutual fnnd Industry practices. The legislation is necessary, Cohen said, if the 4 million present fund shareholders and the "uncounted millions" who will buy mutual funds in the future are to get "a fair shake." In addition, Cohen warned the committee that those who own ordinary common stocks, as well as those Who own mutual fund shares, have a stake in seeing mutual fund sales charges reduced. The unusually high commissions paid to mutual fund salesmen which can run as much as nine times those paid to sellers of ordinary der economical and efficient management, to meet the needs of the commerce of the United States and its national defense." The rate increase will be about three per cent.

The ICC thus gave the railroads almost what they sought. The industry had asked for increased revenues for $327.6 million a year. The commission in its 52-page order said the increase would become effective not less than 10 days after the railroads file with the ICC a master tariff plan, detailing the rate hikes. Theoretically, if the railroads filed their plan today, the increase could become effective in 10 days. The railroads had said they were faced with increased costs this year totalling about $441 million, and that at the same time net income would fall below what it was last year if rates were continued at present levels.

The ICC said the railroads immediately and urgently need additional revenues to I cover at least $246.4 million i of increased wage costs and a substantial part of higher payroll taxes of about $63.1 million. In an obvious answer to the administration's expressed fears about the possible infla York Stock Exchange, American Stock Exchange and over-the-counter houses were involved. It Is not easy to get Information on North American because there is no rundown on the company in any of the leading reporting services. An informed source said that the SEC evidently had used an extraordinary rem When the new owners took over, they apparently acquired a license to an experimental process for converting bituminous coal into coke from still another company. They also took over about $150,000 in debt as part of the deal.

They published an elaborate brochure representing the process as an antipollution discovery. Coke, from which various gases have been removed, is a relatively clean-burning fuel. No financial information was contained in the brochure. Shares cannot be registered for trading unless detailed financial information is filed with thp SEC. The commis tion of investment decisionmaking power" in the hands of a relatively small number of fund managers.

This concentration Is "putting hit of strain on our securities markets" and has caused "mounting public disquiet" about the posMhle consequences of such concentration of power In the hands of a few people, Cohen said. He added that the concern has increased because of "the trading tactics of the more speculatively oriented mutual fund managers" who buy and sell large blocks of stock in very short periods of time to take advantage of short-term swings in market prices. Total mutual fund assets have grown 100-fold since 1940 to a current total of $45 billion, Cohen said. In the last year alone, fund assets grew by $7 billion. Cohen conceded that a reduction in the sales charges from the present typical charge of more than 9 per cent to the 5 per cent maximum proposed by his agency might drive some salesmen out of fund selling entirely.

He saw nothing wrong In this, however, inasmuch as he described the industry as currently having "an inefficient, oversized distribution system that uses manpower lavishly and indiscriminately recruits hosts of salesmen." NEW YORK It now appears that a very warm $1 million in cash will never leave the country bound for ports north and east. The cash, purchase money for shares in North American Research and Development Corporation, was some but not all of the speculative money that went into this company's stock between June 26 and July 19, the day the Securities and Exchange Commission first suspended trading in the stock. An informed source told the story to a reporter today. Over the weekend, just before the first suspension ran out, the SEC slapped a second trading ban on the shares, this one to last until Aug. 8.

North American shares appeared for the first time on the national daily quotation service roster the "pink sheets" on June 26 at 2U bid, asked. By the time of the first suspension, on July 19, the shares had reached 5T bid, 6'i asked. By contrast, North American insiders and their associates had picked up almost 2 million of the shares late last spring for 1 cent a share. The shares have been filtering into the country from Canada, Bermuda and other foreign lands. '68 Auto Production Delayed By Rioting Arvida Gets Big Loan Arvida Corp.

of Miami has received the largest mortgage loan ever made by Aetna Life and Casualty in the Southeast United States. Arvida will use the 20-year loan to refinance and consolidate existing mortgage indebtedness and to complete a $14 million expansion program for the company's Boca Raton Hotel and Club. Brown L. Whatley, president of Arvida, completed the transaction in New York. sion must give a go-aneaa before the chares can actually be traded.

The company that had owned the process was previously enjoined by the SEC in Utah from selling its shares, specifically because its shares had not been registered. Evidently the more than 60 red-faced brokerage houses that have been trading in the shares did not. know they were not registered. New Investments pleted on Falcon, Fairlane, Ford, Comet. Buick Special, Camaro, F-85, Pontiac and Tempest.

Through last week, industry production of 1967 models reached 7,631,325, compared with 8,590,238 at the same date one year earlier. Calendar year production reached 4,436,538, compared with 8,590,238 at the same date last year. NEW YORK (AP) Ind Trend 14 U.31 The fallowing qua- Ind Fund 1.97 1.12 tuMiiea bv InjBK J.5 t.ll th Nlllond Assocl- In CoAm 15.30 H.72 tion of Securitiet Invei Bos 13.34 U.to vnitn. invest Oroop the prices et which Mut 11.51 11.51 tnese securities Slock 21.14 23.74 could hsve been Select ,73 10.4 told (bid) or bouoht Ver Pey io.33 (esked): Inv Resh 1.7I21.2 BIS ASK istel Fd 24.41 25.lt 3.13 3.44 vest Fd 17.21 11.11 Aberdeen Advise Fd Affil Fd 00 il Johnstn 21.5111.51 v.32 lo.oi Keystone Funds Export Unit Elects Head 1.21 1.40 Cus Bl 22.01 23.05 All Amer Am Bus 3.U 4.17 Cus B2 22.925.0I Cus B4 10.09 11.02 1 Am Divln 12.1013.23 Am Dual vest: Cap Shr 13.87 14.37 Cus Kl 9.21 10.M Cus K2 7.17 1.59 fu SI 17 .21 The shares all Unregistered were purchased in the Utah Fortuna gold mining company, a corporate shell dormant since 1933. Since the shares represented virtually all of the outstanding stock, the new owner changed the name to North American Research and IncpfSh 13.62 14.12 Am Grth 7.37 1.01 Cus S2 11.45 12.49 Florida Produce Florida Fruits AVOCAOOS: Flat 2.50-4.00.

CITRUS stocks provide an incentive to brokers and their salesmen to sell fund shares, rather than common stocks, Cohen explained. The result, he said, has been a very rapid growth in the size of mutual funds and an "unprecedented concentra- R. Leslie Cizek, vice president of Parker and Co. of Coral Gables, has been appointed chairman of the inv 4i.ji.j cus S3 11.1012.12 Am Mut 11.14 12.17 cus S4" 7.10 7.74 Am Pec 7.52 7.5J Int Fd 16.57 17.93 Asso Fd 1.M 1.14 Knickerb 7.11$.5 Assn InFd 7.79 7.79 Knick Gth 12.57 13.77 xe nougnion: Leverage Boston: Grapefruit Box 3.00-5.00; Pr. Limes 40 Lb.

Crt. 3.00-4.00; Oranges Box 3.00-5.00. Fund A I.4S 9.H Cap 12.50 12.17 Manouts: Bl). 5.00-10.00. SHIPPED IN PRUIT MARKET A P.

Fund 11.42 12.41 inc 13.25 13.75 Stock 7.70 1.42 Lexingt 10.A0 11.51 DETROIT (AP) With only a handful of 1968 models being produced, auto production is expected to dwindle to its lowest level of the year this week. Chrysler Corp. had six plants in operation last week with a seventh scheduled to start rolling the 1968s this week. Ford Motor Co. scheduled 1968 production at a suburban Detroit location.

Rioting in Detroit and Pon-tiac, helped cut production last week to 45,032. This compared with 80,884 the previous week and 66,723 in the same week one year ago. Ford Motor Co. planned to phase out 1967 production this week and Chevrolet will shut down it's Atlanta plant. The rioting last week cost the industry more than 2,000 units.

Operations at Chrysler Ford Motor Co. and Pontiac divisions of General Motors Corp, were affected. Ford had planned to finish its 1967 run at Dearborn Aug. 11 and start rolling the 1968s Aug. 14, but now may have to extend production a day or two.

The interruptions cost an estimated 1,600 Mustangs and Cougars. Chrysler Corp. lost only an estimated 200 to 300 cars, but it lost time in setting up 1968 production. Pontiac lost production at its home plant last Tuesday and Wednesday and didn't close out 1968 production until Friday, two days later than planned. Eleven plants closed out 1967 production last week, with 1967 production com PLES: Cooking Box 5.00-4.00; Mcintosh Box 4.50-7.50.

BANANAS: Lb. 10. Unlisted Securities sci eiee Z3.4 25.50 Lex Rseh 17.74 19.39 Blue Rid 14.90 16.28 Life Inv 7.24 7.92 Bondstk 7.10 7.7 Lite Stk 4.97 5.44 berries: Blueberries Flat 4.20. CIT Bost Fd Unavail Loomis Savles Fd: RUJ: Lemons Box 5.25-5.75; Oranoes Ouotations from the NASD are reore- BOX 4.00-4.50. COCONUTS: rm 10 Broad St 15.91 17.20 Caned 34.35 34.35 Bullock 15.89 17.41 Capil 13.4313.43 CRAPES: Red Lug 4.00-4.50; White Lug White, Hupp Firms Planning To 31erge CLEVELAND (AP) White Consolidated Industries Inc.

and Hupp Corp. have announced plans to merge Hupp into White for the exchange of $100 in principal amount of a new White per cent convertible subordinate debenture for each 13 shares of Hupp common. The debenture would be converted immediately into White common stock at a conversion price of $62.50, the i companies said. Hupp 5 per cent series A preferred stock would be exchanged for new White 5M per cent subordinated preferred stock. South Florida Regional Export Expansion Council for a two year term.

Cizek, who also will serve on the National Export a sion Council, said sentative inter-dealer prices as of approx-I a I noon. Inter-dealer markets change throughout the day. Prices do not include retail markup, markdown, or t.w-a.w; buck Lug 6.00-6.50. MELONS: Canfalept Crt. 9.50-12.00; Honeydews Crt.

5.00-7.00. PEACHES: 'i Bu. 5.50-4 VI Can Gen 10.15 11.09 Mut 16.2 14.24 Cdn Fd 19.55 21.15 Manhtn 11.04 12.07 Capit Inc 1.91 9.77 Mass Fnd 12.1314.02 Cepit Shr 7.34 (.07 Mass Gth 13.0514.0 Cent Shr 10.84 11.85 Mass Tr 17.22 18.82 PEARS: Box 4.00-7.00. PINEAPPLE: Crt. commission.

BID ASKED 3.00-3.50. Rails Lead Stock Rally NEW YORK (AP) Inspired by news of a freight rate increase, rails paced a stock market rally early Tuesday. Chicago North Western rose about 2 points while gains of a point or so were made by Pennsylvania Railroad, Chesapeake Ohio, Norfolk Western and other leading carriers. Gains had a comfortable margin over losers in the overall list. Boeing jumped about 4 points; Seagrave, Anaconda and Merck about 2.

Schenley dropped 3Ts to 56 on a delayed opening block of 65,000 shares. Lorillard slipped more than a point. A continuation of the inflationary trend was seen in price boosts by Firestone and in President Johnson's statement that the nation can afford both the Vietnam War and the costs of bettering urban conditions. Channinn Funds: MidA Mut 7.40 8.31 25 23 Aero Systems Airlift 16.75 18.31 Balan 14.04 15.34 Moodys Florida Vegetables Com Stk 2.24 2.47 Morton Grwth 20.05 21.91 Grwth Incom 8.54 9.33 ncom 3.45 3.77 Insur nuiin MIF Fd Funds: 13.35 14.63 4.53 4.96 7.43 8.14 18.87 20.40 6.19 4.92 18.58 18.58 2.80 2.84 1845 20J9 MIF Gth CUCUMBERS: Bu. 2.50-4.50.

EGGPLANT: Bu. 2.00-3.50. GREENS: Collard Doz. 2.50-3.00. MINT: Dor.

1.50. OKRAi Bu. 2.50-5.00. WATERCRESS: Dot. 1.50.

SHIPPED IN VEGETABLE MARKET BEANS: Snap Bu. 4.50; Pole Bu. 5.00-5.50. CABBAGE: Chinese Crt. 3.00; Mut Shrt Alrpax Alico Land All Tech Aloe Cream Americana Am.

Bkrs. Ins. Am. Bkrs. Life Am, Fire I Cas.

Am. Foods Am. Pioneer Life Anodyne Arch. Marble Arvida Unavail Special Chase Fd Chem Fd -Citadel Cst Sec Colonial: Equity Fund 1 61 1 74 Vu Trust ,.0 Nat WSec 11.1212.04 t.lC. ii ill Z-L.

Kordsmeier KNOX BUSINESS I BRIEFS 14.88 18.45 Sit 14.53 15.88 "I' "Vl Balan 11.4312.49 734 2034 S'-a Pa 2Vt 197 a 14 4 5'a 34 6 'a l'2 7 7'i 9'2 114 53) 234 .20 Domestic Crt. 2.00-2.50; Red Crt. 3.50; Savoy Crt 4.00. CARROTS: 50 Lb. 3.00-3.25.

CELERY: Crt. 4.50-5.50. CORN: Crt. I 21 "3 1234 234 203 14'j 57 4' a 4Vj I'-J 01 2 7H 73 10''j I2V4 30 234 234 Grwth 9.91 10.83 ComSt Bd 5.10 5.54 Commonwlth Fds: Bond Divid Stk Atl. Utilities Auto.

Bldg. 6.30 4.89 3.21 5.49 7.29 7.97 4.34 4.93 9.11 9.94 11.44 12.72 cap Fd 20.80 22.73 Bl Iups Western CIZEK Secretary of Commerce Alexander B. Trowbridge "has given the South Florida council a mandate to get more American firms into world markets and to assist exporters to improve and expand their operations." Cizek urged South Florida businessmen to contact the council through executive secretary, Roger LaRoche, director of the Miami office of the U.S. Department of Commerce. 4.00-5.00.

CUCUMBERS: BU. 3.00-5.50. EGGPLANT: Bu. 3.00-4.00. LETTUCE: Bibb) Bskt.

2.25; Boston Crt. 3.50-4.00; Endive Crt. 3.50-4.00; Escarole Crt. 3.50-4.00; Iceberg Crt. 4.00-4.50; Lea Crt.

3.00; Romaine Crt. 4.00. MUSHROOMS: 3 Lb. 10.57 11.55 10.82 11.83 Sfk Capitol Bk. Shs.

Incom Invest Stock Capitol NB 11.49 Unavail Como Bd 10.91 11.86 Caressa Mut ll. lll. 92 NEA 1 1. SB li.tl N.w 11.83 12.79 Comp Fd Concord 23.81 23.81 Cons Inv 1 Mil '25? wid 2V vonsm iitv j.ji Noreast Unavail Contraf 12.00 12.37 0ne WfnS 17.7217.22 Conv Sec 11.44 12.52 oppen Ftf 27.49 30.04 Carib Shoe Claude South Concrete Maint. Coral Ridge Pr.

David 4. Dsn Dextra Corp. Esgla Li'e Eico F.lec Whl. Financial Life 1516 1 1-14 Bskt. 2.20-2.50.

ONIONS: Green Dot. 1.10; Leeki Doi. 4.20; Yel. Med. 50 Lb.

2.75-3.00: Yel. Lge. 50 Lb. 2.75-3.00. PARSLEY: Doz.

PEPPERS: Wonder Bu. 2.50-5.00. POTATOES: Russett 100 Lb. 4.50-7.00; Rnd. White 50 Lb.

2.50-2.75; Rnd. Red SO Lb. 3.00-3.25. ROOT CROPS (TOPS ROOTS) BEETS: Bu. 4.00.

TURNIP: Bu. 2.75. RADISH: Red 30-4 Oz. Pak 2.50-2.75. SOUASH: Acorn Bu.

3.50; Butternut Bu. 3.50-4.00; Yel. Crook Bu. 3.00-4.00. SWEET POTATO: Bu.

4.50-7.50. TOMATOES: 20 Lb. Lug 2.50-6.50. 3' 1 3 vorw penn ss n.i JOSEPH G. KORDSMEI 2 Cntry Cap 11.48 12.63 peoples 12.84 14.07 ER has been named sales 53, 1 crown e.i pwia Fd 15.4414.94 deVesh 72.51 72.51 Pilgrim 9.84 10.78 manager of the Americana pecar int u.w.pinist 12.65 12.65 Oela Fd 17.20 18.80 Pioneer 13.0714.28 First Mtg.

Inv. First NB (Miami) First Research Hotel of Bal Harbour. Kords Schenley Merger Talks Collapse NEW YORK (AP) Merger talks between Schenley Industries Inc. and P. Lorillard Co.

have collapsed, Schenley said today. Lewis S. Rosenstiel, Schenley chairman, said Schenley's directors have unanimously rejected a merger proposal from Lorillard, the tobacco firm. Reports have circulated on Wall Street fol" some time that the merger talks were not progressing. Gr 14H 72 4 id '4 14 '4 plj IIII.IIIIII1IIIWIBWPWWIW I TRENDS 15.69 Price TR 24.15 24.15 10.33 11.32 Providnt 5.49 4.00 meier has been associated 3.61 4.H Puritan 12.01 12.98 AMERICAN STOCKS 8.44 9.12 Putnam Funds: with the Holiday Inns of American and Jack Tar Ho Eggs and Poultry Florida Bk.

Growth Fla. Gas Fla. Telephone Food Fair Pr. Geo. Wash.

Life Giffen Ind. 17.44 17.44 Georg 14.42 18.14 15.44 14.85 Grtn 14.19 15.51 11.95 12.98 Incom 9.9310.85 17.08 18-54 Invest 8.29 9.04 Oiv Inv Divid Shr OowTh In Orexel Dreyfus Eetn Bal Eatn Stk Empl Gr Energy Entprist tels. EGGS: Dade County produced Grade A Gulf Life NEW YORK (AP) Sales hi hds. Last Ch. cartoned (Min.

to per cent Grade A), market: steady, supplies: fully ample. ROY KNOX has been ap 28.04 30.48 Rep Tech 5.74 4.27 17.34 17.34 Revere 114 17.44 American aioca exenana AB, rm MfB VM I Tuesday's hourly move- ment of the stock market as reported by AP: Dow Jones I 11 A.M. EDT: Industri-1 als up 3.06 at 907.30; Rails trading fair. Prices to retailers: extra large 54 moitlyi 47; large .42 49 Havatampa Cigar Indep. Lf.

Acc. Inv. Corp. Fla. Inter.

Tel Tel. 2 .70 23.72 Scud DUO-Vest Aoolied Dev I 7 474 3'4 14 70 3't 934 14 23'i 1 7-14 4 27', 22' 5 ID'S 234 37' 93'4 71-4 53 6' 4 3 56 32'i 10 334 4'J 4'i 1334 11.14 12.04 Cop Shr 9.12 t50 Equity Argus Inc 14 9'4 Ark LaGas 3 38'. 2334 134 43 28'-2 23 4't ll'J 3 10'i 734 74Vi 57a 934 34 57'a 33 I mosriy meoium mostly small mostly .21. Eauit Gth 16.58 18.17 IncpfSh 10.4210.72 Jefferson Stores Jet Avion cirM 29.01 Scudder Funds: EOGS: Florida produced Grade A car Arrow 1 2 7V4 Arundel Cp 1 4034 Va pointed to the newly created position of manager of space control of National Airlines. Knox was shift-reservations manager in Washington, D.C.

Frm BMu 11.84 11.84 Bal Fed Grth 15.42 17.08 Com St 12.7212.72 Kv. Fried Chicken Lamtron A wood Cp 2 36H 1 up 2.01 at 273.95; Utilities 16.0.1 17.42 inn inv i.U3 i.ju Fid Cap 19 92 21.54 Spec! 39.00 39.00 Asamera Oil 7 "i Assd Baby 3 Vi Assd Fd St 5 4 As Laund 1 3' 'i Assd 20 234 before joining the Miami- toned (Min. 80 per cent Grade A), market: steady, supplies: ample, trade: fair. Prices to retailers: antra larqe mostly. large mostly medium mostly small mostly .20.

LOOS I EGGS: Extra large 47 mostly .45 large 47 mostly medium mostly small mostly .20. POULTHYt U.S. Grade Ice Pack. Market: steady, supplies: ample, trading: 33 II 35 99 Sec touit 14.54 18.08 9 54 10 45 Sec Inv 8.51 9.30 4 01 4 5bSIM Am 13.08 14.15 4 71 7 35 13.48 14.73 4 10 81 Sw Invest Unavail Langley Lll Gen. Stores Life of Fla.

Lums Marriott Hot Shoppes Miami Data Pro. Miller Ind. Modern Foodi based airline in 1956. Pid Fund Fid Trnd Fid Mut F.I.F Indlne Fst InGth Fst InStk Fletcher Fla Gth Fnd Lf PATRICK J. O'DELL is 11 4 12 98over Inv 14.7118.31 il i5 Estate St 53.43.

7 23 VenStdmn Sc 7.35 8.03 TlStmn Sh 23.85 24.07 the new sales manager of the fair-good. Prices to retailers: Fryers all weights 32. mostly: Hens: 8.82 9.44 S'S1" Founders Marco Beach Hotel and Villas. O'Dell has been associat 22.35 22.35 15.02 15.02 Fours 15 47 17.13 Pk (3-4 iDs.i mostly: 20 Mens rover 4 Nat. Life Fla.

NA Life Ins. Old Fla. Rum Paradise Fruit Pearce Simp. Plastilina Richford Ind. Rover Shoe Royal Castle Russell Alum.

PranMin v-uj-on 14.15 14.15 lO'i 414 4' 4i 14Vj log 6 2'4 11 22 4H 11'a 4 30 1 36 103. 1 moaTiy POULTRY: Dressed and drawn aulck iil liiSterl In 13.5114.60 Sales In ndi. Last Chi. Bishop Ind 23 14'4 Blackmn Uh 2 1" Bloom Bid I is Vt Bloss Hydra 4 5V Bohack HC 124 Boniza Air 3 1434 Botany Ind 5 1734 Vt Bowling Cp 3 434 Bowmar In 1 12' Bowser Inc 1 14' 14 Brad Fte 4 12' Bradford 5 V. Bran Air wt 7 2S' 14 Brazil Lt 55 1044 Breeze Co 25 19'4 BritAm Tob 3 Brown 1 BTU Engin 13 V4 Buell Ind 1 444 Bunk Rame 11 13 Burma Mln 22 7-141-14 Burns WmJ 1 454- Va Burr JP 24 5 14 Butlers Shea 1 15 Buttes Gas II 114 iCaldor 3 15'4 Calcomp 2 4'i Vi Cameo Ree 143 lll'4 Campb Chib 21 Vt Campb Mch 3 23 Can So Pet 2 2'A Cdn Ex GO 284 Cdn Gridoil 2 a'4 Cdn Homstd 7S3 9-14 Cdn Javelhr 4 4 Cdn Marc 1 rt Cdn SupOil 10 41' '4 Canav Int I '4 CarolWire A 1 21' Carpenter 2 133 Carreras 4 15-141-14 CBK Induat 27 f'4 CCI Cerp 43 17'.

4 Can Chare 14'4 Century El 1 1134 14 Cantury Gas IS ItH Vi Century Ind 4 frozen U.S. Grade Fryers: mostly: .34 Hens (over 4 lbs.) noon prices: Aberdn Pet 1 43 Acme Ham 10 3' a Acme Prec 41 4Vj 'A Aero Flow 25 11's 7a Aerolet Gen 1 31 Aeronca Inc 4 1474-1- '4 Aerosol 5 13'- 4 Aerovox Cp 24 19's 'i Aileen Inc 44 ll'4 Airwork Cv 4 10 V4 Ajax Magna 5 5434 4 Alaska Airl 13 161a All Am Ens 4 V4 Alleg Airl 4 134 Allen El Eq 19 Allied Art 45 53,4 '4 Allied Cent 2 49' 4 "4 Allied Pap 7 It Allison Stl 3 141 Alloys Unltd 29 37ii i Allright Aut 5 13'4 Alsco Inc A 143 Altamll CP 5 19'4 Altermn Fd 2 14' Amco Indus Amece Inc 4 l'4 '4 Am Intl Al 1 S'a '4 Am Israeli 1 4'i Amer Mfg 1 44 '4 Am Petrof 4 17 '4 Am Sef Eo. 19 9 i lAmesDStr A 3 11'i AMK Corp 24 49'. Anderson El 1 2434 '4 Andrea 23 24l's Andy Gard 1 ANelex Cp 31 30' Vt Ang Laut A 3 44 Ansul Co 1 197 '4 Anth Pools I 5'4 Vb AP Parts 4 213 Aoache Cp 17 153,4 API Instru 7 17 APL Corp 25 293 Aqua Cham I 34 mostly: .35 ducks: mostly: .44. Dividend OKd By Wackenhut The Wackenhut third largest detective agency in the country and the front line troops of Gov.

Claude Kirk's "war on crime," declared a quarterly dividend yesterday of nine cents per share. The dividend, announced by George Wackenhut, president, is payable Sept. 1 to stockholders of record Aug. 10. turrits: werket: steaoy.

supplies: Assd Prod 1 Wit '4 Astrex Ine 5 I3 Astrodata 17 I3ii Atco Chem 10 53 At Research 20 33' 1 Atlas Mln 3 25' AtlasCp wt 149 34k Audio Day 4 27'A v4 Auto Data 10 44 Auto Red 2 4 Vi AVC Corp 1 23 Avien 7 5 BACM Indl 12 11H1'4 Baker Ind 2 54' Baldwk OH 2 31 Va Bald Mont 5 19' BaldMon pt 1 20' '4 Bali Co 1 19'4 t4 Banff Oil J4 15'i Banner Ind 24 4 Berbra Lyn I 1234 '4 Barnes Eng 1 3374 a Barnwell In I 1 Barry Wr 13.. Bartell Med 4 7'i Bartons 2 10'4 'A Baruch Fosl 5 3'i Beck Snoe I 23'1'4 Bell Elect 20 15'4 Ranru I 124 ample, trading: fair, fryers mostly: 3 hens: mostly lioht I bTT 43 2 19 Sul 7 23 7 ,1 a iiSiJwTemp Gt 14.M 17.57 ,23 it? 212 13 SO -2? Ji TwenC Gth 4.40 7.21 Gemini Fund- TwenC lnc 4 )J i -SSI! United Funds: Invest 7.10 7.72 i 1 i Incom Siostrom Aulom. Soroban Southeastern Gen. up 0.29 at 133.63; 65 Stocks up 1.53 at 333.77. NOON EDT: Industrials up 5.61 at 909.85; Rails up 2.37 at 274.31; Utilities up 0.80 at 134.14; 65 Stocks up 2.34 at 334.38.

N.Y.S.E. 11 A.M. EDT: Market up 8 cents; Index 52.73 up 0.08. NOON EDT: Market up 14 cents; Index up 0.15 at 52.80. Industrials up 0.14 at 54.49; Transportation up 0.30 at 58.29; Utilities up 0.12 at 45.03; Finance up 0.12 at 51.17.

A.M.S.E. 11 A.M. EDT: Index at $21.42 up $.07. NOON EDT: Index at $21.42 up $.07. toms: 39 mostly .3 heavy toms Systems Engr.

mostly: Techeerofoam Sec: Scin 10.021095 a e- Treasury Report CO A C4 ('. c. I JrriUnFd can 91 2 IOV4 21 4'-l 10H 534 3 29 35 4''S 44 14 l't I'd 40' 22'V 17 1 34 6'a 10' 3'4 4' 3 I Thurow Elec. Todd Ind. Tolln Mfg.

Transitubes Unlservices 7 I 43 1 1 I 17 I i IN; il, I Value Line Funds WASHINGTON (AP) The cash ed with Miami's Key Bis-cayne Hotel. MRS. OME CRAIG has been elected to the board of Holsum Bakers of South Miami, replacing William H. Cauley, who resigned recently. JACQLE B.

GOMEZ has been appointed assistant to the president of Pavlow Office Furniture. Richard N. Herman was appointed director of desigrV and Ful Ad "fcrrh Ind 10.09 11.09 yel Line 9.10 9.97 Incom e.M 7.45 U.S. Plastics it. eg 1.

c.i its a ci Grvehon feuerdn 72J 'Vangd 4 29 417 U.S. Sugar Univls position of the Treasury compared with corresponding date a year ago. July 27, 1967 July 27, 1944 Balance M. 151 ,309,043.11 Deposits fiscel year July 1 St. 677, Ml, 341.

12 $4,593,237,524.14 Withdrawals fiscal yer 112,730,973,239.12 (XITotal debt J331.34M57.S4l.lt Ham hdt Venn Hub Fd tm Cap 14.05 14.72Vikin 7.22 7.15 Unavail wall St In 12.35 13 Wackenhut Watsco Welch Panel BergenDg A I 1M4 4 1D.JU M.wash Mil 13.54 14.10 7.71 1.44 Welt Fd 13 79 14 99 171 34 2 31 JVl Imp Gtn Berksh App 10 13'? ftelh Cora 1 124 Winter Park. Tel. Weilard Air. Serv. Y)9 Ho Weinkles Llsuort Scrap Steel kJCMV YORK' (API IncometiCIPitai: West Ind 9.53 10.41 i.Cao 15 05 14.27 Inc 9 25 JOWndv Fd 20.35 22.1? Tnc Fnd 13.7 15.6 Wlnfeltf 12 613.14 Blnnev It 4 37', 4 Birdsbora 4 13' 4 Gold assets --f Rotodvne Cmn.

113,109,05732.53 $13,334,201,364.55 scrap steel No. 1 heavy was quote) 334! Rotodvne Pfd. IX ncludes $24' J33.100.72 debt not Inc FOB I 0 i HViscon Uneven Continued on Page 11A Tuesday by iron at 25.00-24.00. Rotodyn Uts. Inoeeend 13.70 14.97 Worth 7.24 7.19 subject to statutory limit..