Independent from Long Beach, California • Page 83

R-4-4totrtKMKT, PRESS-TILKRAM Siturdiy, 7,1970 ANNUAL RATE Watt Street Briefs WASHINGTON (UPI) The Interstate Commerce Commission has ordered reopening of merger nego- tiations tlie Chicago North Western and Milwaukee Railroads the light of stock price trends in recent months. The ICC said it may be necessary to adjust the proposed terms for exchange of common stocks. PALO ALTO (UPI) Xoecon a subsidiary of Syntex says it and Agriculture Department scientists have developed a chemical'bait that will lure cotton boll weevils into traps. It Is a synthetic version of pheromone, a sex-allure secretion of the male boll weevils. Boll weevils are highly destructive to the cotton crop.

HOUSTON (UPI) Easteriv Transmission Corp. has. agreed to explore for oil arid gas in 1.7 million- acres off the Atlantic Coast of Morocco in a joint venture with the Moroccan Government Oil Company. The concession lies off the cities of Agadir and Ifnl. NEW YORK (UPI) -New York Telephone Co.

has postponed until May 20 the floating of $150 million in new first mortgage bonds originally set for April 22. The company announced it is selling million in new- common stock Jo its parent firm, American Telephone Telegraph as of June 30, and an additional $150, million in stock as of Sept. 30. MELROSE PARK, IB. (UPI) Jewel Companies and Food Host, USA, of Lincoln, have announced a joint venture to open a chain of family style restaurants in the Greater Chicago TOLEDO er-Globe Co.

announced it is entering the. modular business. company: said it either will buy an existing modular home maker or launch its own product line. BOSTON (UPI) Avco Corp. said it will start, making quality low cost modular homes In April to sell in the $15,000 to $20,000 range.

CHULA VISTA, (UPI) -Rohr Corp. has obtained a $98 million contract to modify the mail handling system at the huge sub-regional postoffice at Omaha to speed the flow of bulk mail in particular. OAKLAND (UPI) Public officials from participating counties were on hand at the groundbreaking for the new $3 million Bay Area Rapid Transit District's headquarters. Construction will begin immediately on the building which will sit atop Bart's Lake Merritt subway station. A Bart spokesman' said the six-story structure should be ready for occupancy in year.

FREMONT (UPI) General Motors Corp. an-: nounced its plant here will be among 22 closed across the nation during February because of growing stockpiles of new cars. About 4,700 employes will be affected. The company said both passenger car Grantpark Extends Low Interest Through Month WATER SUPPLY TOUR More than 30 business and civic leaders from Long Beach area toured Metropolitan Water District's Colorado River Aqueduct system as guests of Lloyd C. Leedom, representatve of City of Long Beach MWD Board.

Shown by pump delivery lines at Gene Pumping Plant near Colorado River are (from left) Leedom; H. George Hanawalt, Long Beach Chamber of Commerce president; John L. Barrett, immediate past president of Long Beach Chamber of Commerce; and Dr. Ed Cruchley, president of Long Beach Junior Chamber of Commerce. New Firm Sells 'Peace of Mind' to Fearful Credit Card Holders Continued from Page 1 lowing tip-offs that their cards were "available" at prices of from $20-825 each.

One company paid $1500 to get back 69 of its "hot" credit cards: the. payoff was made by money order and the cards were delivered by bus. MOST cardholders, oddly enough, are unaware of the'fact that they are gaily responsible for all made with their cards until the card issuer has received written hotifi- cation of the loss. This could take several especiaUy for people witlrlots of cards (a dozen cards means a dozen let, ters), and even then they can still be held responsible if they've been negligent in caring, for the cards. McKay's a Credit Card Sentinel was launched a year- ago after co-founder Frank Curcio and Sheldon Kasower shared the same bitter experience.

Both were stuck with heavy bills following theft of their credit cards. AS A result, the Sentinel organization was set up with headquarters in Century City to provide all the facilities and services essential to prevent similar losses from happening to other unwary cardholders. Now the company has offices in New York, San Francisco, Los San Diego, and 'Long Beach, with new facilities soon to start up in Chicago, Las Vegas, Columbus, San Antonio and Portland. The key to this success, says McKay, is simplicity. For a $5 annual fee, cardholders list all their credit cards, Blue Cross, auto club memberships, etc- on a special registration form.

This information is then transcribed and-stored in a computer data bank! at company headquarters. CARDHOLDERS receive a special credit card kit," including special stickers with Sentinel's 24-hour phone number, to be affixed to the telephone at home or office ensuring that the number be immediately available in an emergency. When card becomes lost or stolen, the cardholder simply calls the Sentinel number from anywhere in world al any time of the day or night, says McKay) and informs the operator of loss. Within seconds, the details of the card are retrieved from the data bank and cancellation instructions are rushed by teletype to all the issuing companies, with simulta neous instructions for im mediate reissue. These instructions applj to all cards identified on the original registration and include club, hbspitali- zation and Social Security cards, as well as the regular credit cards.

and assembly operations here will be shut down Jan. 30, Feb. 2 and Sand the entire week of Feb. 9. Other plants in the country, affecting an estimated 125,000 employes, will be closed from two fo seven working days "to reflect market requirements," the company announced.

SAN FRANCISCO (UPI) Western Pacific said a proposal that it continue operations of the Califor nia Zephyr between Oak land and Chicago on a def icit basis was unfair. The proposal was made b' Sen. Gordon Allcott, Colo. The Interstate Com merce Commission is con sidering the company's request to terminate opera tion of the passenger trair a of compan claims of annual losses some $2.6 million on th Zephyr. CLOSE OUT at '69 PRICES! A commitment for 7 3 A per cent annual interest rate financing has been extended until Feb.

28 or the remaining two houses now under construction at Grantpark in Cerritos, it was announced by Clyde Wixom, general sales manager for Robert H. Grant and Company. Three of the five homes covered under the- financing arrangement have been sold, he added. "Financing for the new Grantpark homes was arranged last year, before interest rates soared a full point. The commitment originally was scheduled to end Jan.

31, but the lender has agreed-to extend it through Feb. 28 for the a i i two homes," Wixom said. PRICES of the two-story; three-bedroom houses, the only two remaining iri the 250 home community 'at Orangethorpe a Moody, start at $31,495. Natural finish hardwood cabinets, ceramic tile counter tops, cedar shingle roofs, copper plumbing, oversize double entry Golten Marine Orders Building Tri-Cor, will start construction soon on a machine shop for Golten Marine, 330 Broad Wilmington. The new which is scheduled for completion on March 25, measures 50 100 feet.

Tri-Cor, of Long Beach, Is a franchised builder of Pascoc Steel Corporation. doors, kitchens with built- in ranges, ovens and disposers and '-wood-burning fireplaces with loglighters are features of all Grant- park homes. All utilities throughout the community have been placed underground, giving Grantpark a-clean, uncluttered look. Information on.th* two homes now offered for sale may be obtained at the for another. Grant project, Glenaire-Cerritos, at 183rd and Marquardt in Cerritos.

Turn off Santa Ana Freeway at Carmenita, go right to 183rd, then left to models. More Units Rise at Irvine U. Complex A social sciences complex of three buildings will be erected at the University of California Irvine by Anaheim contractor J. B. Allen, who won, the contract on bid of $4,719,000.

L. E. Cox, vice chancellor for business at UC1, said it Is the last campus project to be financed by bonds voted In 1966. The complex will include a seven-story office building, a four-story classroom building, and a one-story lecture hall. It will be on the mall near the library Appraisers to Gather Wednesday Speaker at the monthly dinner meeting of Long Beach Chapter 94, Society of Real Estate Appraisers, will be Tom McCray of the county assessor's office.

The 7 b-m meeting will be held -Wednesday at the Golden Sails Restaurant, Long building. The school social sciences currently a space on UCI campus with the school of humanites. PRESIDENT John DeGregory, Standard Brands Paint Co. Torrance, for 30 years am senior vice president fo nine, has been electee president. DeGregory, 56, i resident of Downey am well known there for civi activities.

QcUfomias tosSsf 5fovXbmos (sfyours no an6 aahR if ripen) A bumper crop of flavorful designs are on the and a fresh new idea, too, to five you more usable yard for less money. Come pick your new home now, while the picking's good! 2, 3 and 4 bwfraomi PRE-OPENING PRICES from $25,595 GRANT CORPORATION Hera's a brand MW home Right now It's Priced at $29,950 ft's In a $32,000 to $40,000 neighborhood! We've only i few when art there'll more. To duplicate homes today, you'd pay $3,000 mere! I ,2, 3, ind 4-Wroom plant NONE HIGHER THAN $25,9951 AixUo move them fast, kxik what we'll irdudewtfte price: REAR AND SIDE YAflD COMPLETELY FENCED CONCRETE DRIVEWAY NYLON CARPETING CONTINUOUS-CLEANING I OVEN DISHWASHER AND DISPOSER INSULATION CEILINGS PANELED WALLS (pi i host ef standard features fat have test tones best-sellers!) IMMEDIATE BUT HURRY! FHA and VA financing Open daily 10 to 7 Phone (213) 860-6697 GRANT CORPORATION OF CALIFORNIA The new "Del Amo" is a value breakthrough. It's designed for the three-bedroom family, and it's truly spacious; a full 1500 sq. ft At this price, there can be only a sprinkling of the "Del Amo" models in Ray Park.

After all, many families have paid far more to own in this prestige community. Best of aD, the "Del Amo" retains the quality, the beauty and the deep down strength of its larger, more expensive neighbors. See it this weekend. You'll never find a bargain to match it. Bay Park Homes priced from $29,950 to $37,950.

Selection offers striking single story, two story and split level homes, with three and four bedrooms and two' and three baths. A FREEWAY-PERFECT LOCATION El Ray Park is tt the heart of the Lakewood-Cerritos freeway network! Driving Directions: Take the Santa Ana or San Diego Freeway to the San Gabriel (605) Freeway. Follow 605 to the South Street off-ramp, and go west to Shide- baker Road, Turn left at Studebaker Road to reach the models. EQUITY TRANSFER TRADE Equity in your older house can mow you into a sparkling new El Hay Park Home; Sales Office Telephone; (213)860-2408 MM! CAMAMMNLMM CO..