Oakland Tribune from Oakland, California • 50

EVERYBODY'S BUSINESS FINANCE and Notes on Bay Commerce Weak Spots In Corn and Soybeans PI 111 IIHH .1 f. -v ft' Pi 'V 4 Stocks Close Mixed With Lower Leaning By ED MORSE NEW YORK, Sept. 16-W-The stock market closed mixed today with a trend toward the downside. Trading was quiet. Volume for the day was estimated at 2,200,000 shares compared with 2,870,000 yesterday.

Changes of most key stocks were small, some going a point or so either way. The market was indecisive following yesterday's sharp decline and partial recovery 50 Tiibune, Friday, Sept. 16, I960 TODAY'S MIRROR Personal Income Again Sets Top By SAM DAWSON NEW YORK, Sept. 16- Perhaps you are surprised to read that personal income has risen again to a record high. Particularly surprised if in your own case you haven't noticed any such trend.

Perhaps downright resentful if your own affairs have taken the opposite tack. But the Government says that the total of personal income has risen again and is now $407.6 billion dollars By. GIL MAYO CHICAGO, Sept. 16 Ml- Liquidation of September contracts opened up weak spots in corn and soybeans today in early afternoon transactions on the Board of Trade. Both September corn and soybeans were off about a cent whUe other deliveries held steady to slightly easier in quiet dealings.

Traders said the selling was toward evening up commitments before dealings in September deliveries ends next Wednesday. Wheat was 14 cent a bushel lower to higher at the close. September XPki corn 1 cent' lower to higher, Septem- oer oats unchanged to lower, September 634; rye Vt to It lower, September 63Kbt rye to Vm lower, September S2.12H-14. GRAIN RANGE CHICAGO, Sept. 16 'Pi Ticker Tickles i Open Hloh Low Close Sept.

1.87W 1.87V 1.87V4 1.87V4 Dec. 1.931 l.WVi 1.93 1.93'-V War. 1.98H 1.9SVi 1.98Vfc 1.98VM Way 1.97 1.9714 1.97V 1.97V July 1.84H 1.1614 1.86H 1.84 CORN Sept. 1.13H-V 1.13 1.12V4 1.12H-Vi Dec 1.09V)-Vs 1.09t 1.09'A 1.09V4 Mar. 1.13H 1.13 1.13H 1.1344-44 May 1.16V4 1.16 1.16'A 1.14H-14 July I.IS'4 1.18'A 1.18'A OATS Sept.

.637 .4344 .4344 Dec. .68 Mar. .72 May .72 July M'A .68 RYE Sept. 1.15 1.15 1.1414 1.1 Dec. 1.1944 1.1944 1.19'4 1.19 Mar.

1.2444 1.244 1.23' 1.23' May 1.25 1.25 1.24' 1.24 SOYBEANS Sept. 2.13- 2.14 1.12 J.12H- Nov. 2.15-14 2.15' 2.14V 2.14"-'4 Jan. 2.194-i4 2.19 2.18 2.18-44 Mar. 2.22 2.2244 2.2144 2.22-22 May 2.24-44 2.25 2.24V 2.24V4- LARD (drums)- Sept.

19047 tM 8 72 190 Oct. 9.02 9.02 8 82 1.97 1 Nov. 9.13 9.12 8 97 9.07 Dec 10 05 10.07 9 95 10.02 Jan. 9.97 10.00 9.92 10.00 Si I I' if I i Frank J. Zinns hiring operations at all three Vacu-dry plants at Oakland, Sebastopol and Selah, Wash.

He will continue to be responsible for the policy direction of research activities. Sumner I. Strashun, director of research, assumes responsibility for the overall direction of research and quality-control functions. Ray R. Poulton, president of Poulton Si Orr, Insurance brokers of Oakland, is presenting a research report at the annual seminar of the National Society of Chartered Property and Casualty Underwriters in Detroit this week.

Also, Lawrence W. Poulton, of the same firm, has received his degree as a Chartered Property and Casualty Underwriter at the Detroit meeting. The Credit Women's Group of Oakland will meet at the Robin Hood Inn on Monday evening. Social hour will start at 6 p.m. at 6:30.

More than 100 members of the California Manufacturers Association are attending the second annual conference of on Workmen's Compensation at the Mark Thomas Inn, Monterey. Industry spokesmen repre senting the Oakland area include F. G. Costello, Moore Business Forms, Richard N. Nidever, Gerber Baby Fcods: Leonard R.

Flicker, Robert A. Gaddy, Owens, S. Snellbaker, and Richard H. Quipley, both of California Casualty Indemnity Ex change. The Credit Women's Breakfast Club will hold a Lady's Night at the Villa de la Paix 1 from a level near the lows of March, May and July the so-called "triple bottom." Little incentive in the business news was available to spur prices higher and normal pre-weekend cautioif was heightened.

Rails advanced following government approval of the Erie-Lackawanna merger and each stock was up about a point. Nickel plate made a similar gain. New York Central and Baltimore Ohio gained fractions. FOREIGN EXCHANGE NEW YORK, SDt. 16 OR Foreign tx- Chang rates (Great Britain and Australia In' dollan, others In cent and decimals of a cent): Prev.

Opening Day ipoay nose Canada in N.Y. (free) ...103.00 103.0781 EUROPE Great Britain (pound) 2 1159 31163 JO-oay futures 2 097 2 9102 O-day futures 2.6045 2 8051 90-dav futures 2.796 2)006 Australia (pound) 2.2540 2.2540 Belgium (franc) 2.0050 2.0050 Franca (franc) 20.4075 20.4050 Germany (Western) (Deutsche mark) 33 925 23.91 Holland (guilder) 26.5275 26.5250 Italy (lira) 1619 .1619 Portugal (escudo) 3 51 3 51 Sweden (krone) 19.40 19.40 Switzerland (franc) (free) 23.23 23.23' Denmark (krone) 14.57 14.57 LATIN-AMERICA Argentina (peso) 122 1.22 Brazil (cruzeiro) .5600 .5600 Mexico (peso) 102 102 Venezuela (bolivar) 29.99 29.99 PAR EAST Hong Kong dollar 17.70 17.70 TREASURY POSITION WASHINGTON, Sept. cash position of the Treasury Sept. 13, compared with Sept. 11 1959: Balance, deposits fiscal year July 1, withdrawals fiscal year, total debt, gold assets, $18,939,113, 226.

102.0. t-Includes debt not sub-lect to statutory limit. BANK REPORTS Friday, September 16, 1950 Oakland clearings $16,700,000 Last year 1 6,600,000 Berkeley debits 1,190,000 San Francisco Clearing Los Angeles debits 382,000,000 SUGAR FUTURES NEW YORK, Sept. 14 W) Domestic sugar futures No. 4 closed unchanged.

March 5.93n. World sugar futures No. 4 closed 4 lower to 1 higher. Oct. 2.98b, March 3.11, May 3.17, July 3.13-14, sept.

j. i. Raw sugar spot 6.62. n-Nominal; b-Bid. TRADE WINDS Frank J.

Zinns, manager of the Oakland office of Aetna Casualty Surety will retire on Oct. 1 after 45 years of service. Jerry Mahoney has heen appointed to succeed Zinns as agency supervisor. Mahoney will be responsible for all casualty, surety, marine and fire production for the local office. Paul Ferguson is being transferred from San Francisco to Oakland as underwriting supervisor, Zinns has been manager of the Oakland office since 1936.

He is former president of the East Bay Casualty Surety Managers Association and past exalted ruler of the Oakland Lodge B.P.O.E. 171. Mahoney joined Aetna In 1945 in the marine underwriting department. In 1957 he was named marine state agent covering Oakland and Sacramento Valley. William It.

Dorsey has been appointed vice president in charge of operations of Vacu-Dry Company, it was an- William R. Dorsty nounced today by W. Edgar Gallwey, president. Dorsey. formerly was vice president in charge of research and development.

Dorsey will direct manufac- ICG Approves Railroad Merger WASHINGTON, Sept 16-10 Merger of the Delaware, Lackawanna Western Railroad into the Erie Railroad Co. was authorized yesterday by the Interstate Commerce Commission effective Oct. 13. An ICC spokesman said it is the biggest railroad merger approved by the commission in this century. The new company, to be known as 'the Erie, Lackawanna Railroad Co.

will have headquarters in Cleveland. It will operate approximately 3,000 miles of railroad lines in New York, New Jersey, Pennsylvania, Ohio, Indiana and Illinois. The commission held that the merger would be "consistent with the public in-terest." Transamerica Orders Dividend The board of directors of Transamerica Corporation has declared the regular quarterly cash dividend of 20 cents a share on the corporation's par capital stock. Chairman Horace W. Brower said the dividend will be paid on Oct.

31, to stockholders of record Oct. 3. PRESIDENT p.m., str. Shay, for Guam. American President Lines.

THURSDAY. SEPTEMBER IS SANTA JUANA 12:40 a.m., str, Welde-mann, for Los Angeles. Grace Line. FLEETWOOD 1:50 a.m., Str, Gavin, for Yokohama. Pacific Far East W.

H. BERG 2:20 a.m., str, Hiller, for Estero Bay. California Shipping Co. TEXACO DELAWARE-3 a.m., tkr, Wesa, for El Segundo. Texas Oil Co.

ALEPPO 5:10 a.m., Swed ms, Telen, Japan. Waterman S.S. Corp. HILLYER a.m., tkr, for Japan. Waterman S.S.

Corp. Markley, for Point Wells. California Shipping Co. SISTER KATINGO 11:30 a.m. tkr, Fertlg, for Estero Bay.

General S.S. Corp. HAWAIIAN p.m., str, Miller, for Honolulu. Matson Navigation i CALIFORNIA STANDARD 1:50 p.m., tkr, Chesselet, for El Segundo. California Shipping Co.

GEN. WILLIAM p.m.. Navy transport, Hodgson, for Pearl Harbor. Military Sea Transportation Service. COL I NA 3:50 p.m., tkr, Gearln, for Portland.

Mobil Oil Co. J. H. MacGAREGtLL 5:10 p.m., tkr, Favreau, for Wlllbridge. California Shipping Co.

SCHEDULED ARRIVALS FRIDAY, SEPT. II Sublect to change without notice. PRESIDENT HARRISON from Yokohama, Army Terminal, Oakland. Matsonia from Honolulu, Pier 35. PJiT ADVENTURER from Philadelphia, Pier 38.

KAMOHARU MARU from Yokohama, Pier 39. MIZUKAWA MARU from Yokohama. MANILA from Portland. GUAM BEAR from Pert Hueneme. PVT.

FRANK J. PETRARCA from Pearl Harbor, Army Terminal, Oakland. Subject to change without notice. SATURDAY, SEPTEMBER 17 AKIKAWA MARU from Mexico, Pier 45. EMPIRE STATE from Puget Sound.

MIZUKAWA MARU from Yokohama, Pier 45 ANZOATEFUI from Portland, Encinal Alameda. SCHEDULED DEPARTURES ml a year. This persistent rise has been a comfort in recent months when many other economic statistics nave been disappointing or disquieting. The government's report on personal income as of August is less comforting than in previous months for several reasons. The monthly rise was the smallest since February.

And the $300,000,000 increase over July, at an annual rate, was the exact amount by which federal paychecks rose as a resultpfjthe pay hike ordered by Congress. Adding in increases by state and local auuiuriues, uie iuuu ui government paychecks was up to 49 billion dollars a year. Running second to government payrolls was a gain of federal transfer payments, chiefly from a rise in unemployment benefits, or to $29,100,000,000 a year. OTHER INCOME Other types of income showing modest rises were those from the service industries, dividends and personal inter-, est payments. Even more important, per- tirnc oro tVio itnme.

that Ha. dined. The drop in personal income from other types of paychecks gives the economists little comfort as they view immediate prospects. In manufacturing, wage and salary payments dropped by $1,200,000,000 a year to 000,000. Farm income was off by $500,000,000 to a year.

Professional income and renxai payments were unchanged. There are other ways of sizing up government statistics ton personal income besides 'that of just what kind of en-deaver is bringing in more and what is paying less. One is the effect of the cost of living. This has been rising in recent month, but at a slow pacet so that most of the faster gain in personal income has represented real purchasing power. But if the cost of services goes on creeping higher, and especially if the price of goods should take a forward spurt which seems unlikely now), further slowdown in personal incomes will show up quickly in consumer spending habits.

NFW FACTOR Another factor-jnjuding income statistics is regional. In fast growing communities the total of personal incomes has boomed, while in other regions it has fallen behind. In many cases it matters where you live as well as what kind of work you are doing if your own income nas kept pace with the national rising trend. And the steady growth of population also boosts the na tional totals, -both in more 'persons drawing retirement benefits of various kinds. The government figures on total personal income are im portant to businessmen in de ciding how the economy is doing and is likely to do.

CASH GRAIN CHICAGO, Sept. le-MV-Ns wheat or soybean tale. Com No. yellow 1.18. Oats No.

2 extra heavy while 45. soybean oil 8844D-e. Barley. Matting choice 105-1 23n; feed 921 03n. n-Nomlnal; a-Ajked; b-Bid.

LOCAL GRAIN GRAIN: In carlots per cwt. blk basis. f.o.b. tracks at San Francisco: No. 2 western barley testing 45 pounds 17.25 No.

2 western white barley testlnq 45 pounds 2 25 -2 30 No. 1 hard white wheat 3 27V-3 32' No. 1 toft white wheat 3.25 -3 30 No 2 yellow corn (California) 2.42'-2.47V No. 2 vetiow rorn (Central Western! 2 80 -2 82 No. 2 yellow milo (California) 2.15 No.

2 yellow mlkt (Central Western) Sample orade red feed eats 2.40 MILL FEEDS (bulk, per ton in carlots 1 Standard millrun 44.00-45.00 Red wheat bran 47.00-48.00 Soybean meal solvent type with 44 protein, bulk Decatur basis 48.50-49.50 ALFALFA (Baled, oar ton. th carlots) delivered Petelume: U.S. No 1 29.00-30 50 U.S No. Leafy 7t U.S. No.

1, nominal DAIRY PRODUCTS Market Quotations furnished bv Federal-State Market News Service). San Francisco CHEESE-Grade A single daisies 43'4-45V7: loaf, 43-4544. Nulaid Farmers Association Quotations to retail trade EGGS Large AA. 49-53c; medium AA, 45-49C; small A 26-30C POULTRY MARKET Federal-State Market News Service Ranch Price BROILERS l'A to 2V4 fcs. 20 FRYERS 2-4 lbs.

and over 17 -20 HENS light type All weights SV-U Heavy types (ell weights) 18 Roasters, 4 lbs. ana over ...25 TURKEYS (Ready to cook fresh or frozen) Fryers, roasters 43-49 Y.H heavy type, all wts 40-46 Y.T. heavy types, 16-22 lbs. 39-44 22-76 lbs 43-50 26 28 lbs 44-50 28 lbs. and over 45-10 souabs lo- Odd.

Lot Transactions NEW YORK, Sept. The New York Stock Exchange reported today these odd lot transactions by principal dealers for Sept. 15: Purchases of 300,940 shares1 Sales of 288,546 shares including 4,515 shares sold short. PROMOTION-Edward P. Jp-sen of Piedmont has been promoted to assistant vice president of Wells Fargo Bank American Trust Co.

Ho is man-ager of the credit department. Holiday and Strikes Hit Carloadings WASHINGTON, Sept. lfr-tfl The Labor Day holiday and strikes on the Pennsylvania and Grand Trunk Western Railroads cut sharply into rail freight car loadings last week. The loadings dropped to 057 cars, the Association of American Railroads reported today. This total, for the week ended Sept.

10, was 96,033 cars or 16.6 per cent below the preceding week, 3,441 cars or 0.7 per cent above the same week last year when a nationwide steel strike was on, and cars or 27.8 per cent below the corresponding week in 1958. The Labor Day holiday fell in the 1959 week but not in the 1958 week. Loadings by classifications, with increase or decrease from the previous week and the corresponding week a year ago, follow. Misc. Freight 237,909 47,605 Less than carlot mdse.

27,440 7,111 1,145 Coal 14,121 $0 Grain and grain products 40454 9.557 2,924 Western districts 30,604 265 Livestock 3,532 Western district 4,435 447 1,174 Forest products 31,009 7,322 3,480 Ore 44,731 10,407 36,393 Coke 5J 4j -( EGG FUTURES CHICAGO, Sept. 1 (Pv-Shell egg fu tures: Sales High Low Close Sept 365 34.55 33.95 34.10-20 Oct ...1576 35.35 34.80 35.KHI0 Nov. 631 36.00 35.70 35.85-75 Dec. 215 34.75 34.90 FROZEN WHOLE EGGS Oct 286 25.77 25.52 25.52-55 Nov 174 26.10 25.70 25.82 Dec. 1 26.00 UM 26.00 gross national product.

It takes a boom such as 1950 and 1955 to send auto sales through the roof. Bankers say there is no boom in sight for next year. ExDect 1961 to again be a year for domes tic makes. Imports will have to work hard to get up to in 1961. "The compact car is not pnly here to stay, it is here to grow," said L.

h. (Tex.) Colbert, head of the Chrysler Corp. "In 1961, 80 per cent of all cars sold in the United States will be the low-priced three (Plymouth, Ford, Chev' rolet) plus compacts." Compact cars in 1960 will account for about 25 per cent of all auto Trade insiders now predict that fig ure will climb to 35 per cent in 1961. Dymo Earns 57c a Share Dymo Industries, Berkeley, reports earnings of $252,676 equal to 57 cents a share on sales of $2,350,574 for the fiscal year ended. June 30.

At a press conference in San Francisco yesterday, board chairman Leo. B. Helzel, and president Rudolph Hurwich commenting on the future out look for the company, agreed that the company sales for this year are running at the rate of $5,000,000, without tak ing into consideration new products developed internally or through the acquisition last month of Roovers-Lotsch and Trig-A-Tape Corp. Dymo stock came on the market in June at $9 a share and yesterday, was quoted by various brokers at 25 bid and 27 asked. Current quotations are 'ap proximately 50 times earning- The firm, started two years ago in Berkeley manufactures and sells labeling and identification equipment to be used mainly on plastic tape.

Jerry Mhony on Tuesday, Sept. 20, at 6:30 p.m. This is the one evening a year that the group takes over the meeting of The Credit Granters of The Greater East Bay. Guest speaker will be Helen Nelson, consumer counsel to Governor Brown. She will talk on "Consumer Views on Consumer Credit." The Allstate Insurance Companies has announced plans for decentralizing its operations to six Zone Offices and 28 Regional Offices throughout the United States, according to President Judson B.

Branch. Branch pointed out that the life company's policy writing, underwriting and claim functions will be transferred from Uhe Home Office in Skokie, Illinois, to the Regional Office. Billing operations already are being taken over by the Regional Offices, he added. The state department of public works has awarded a $93,848 contract to Watson Construction Co. of Oakland.

The contract is to widen 1.1 miles of Parks Road between Chittenden and Corning Roada west of Corning, Tehama County. Included is construction of a 122 foot bridge to eliminate the present Burch Creek ford. DIVIDENDS DECLARED ftlIB II I 411 1 1, record Sept. 72. NOR ILL GAS PF.

1.2S, pay Nov. 1, record Sept. 22. THOMPSON FIB L. .01, pay Oct.

14. record Sept. 30 CON BRONZE, J75. pay Nov. 1, record Oct.

10. CINN SURB BELL TEL, 1.12, pay Oct 1, record Sept. 13. corn ol works. J75, pay Sept.

30, record Sept. 19. dynamic career growth Best Year Ahead For Auto Buyers By LOU SCHNEIDER Immediate openings for DESIGN ENGINEERS Boeing it Interviawing in Oakland September 15 through 17 Boctng! world leadenlup la the jet transport field hu led to new, long-range projecti in advanced jet tranaportatioc These programs of the future hare created immediate openings on obx deeign staff for the following engineering apeetaliietx "Who's the birdbrain who gave me this number? I've got the SEC!" WHOLESALE PRODUCE Friday, September 14, T5S FRUITS AND VEGETABLES: GRAPEFRUIT Slightly stronger, sup ply moderate, demand fair. Southern California Marsh seedless In cartons, 32-40, $3.50. mostly $3.75.

EGGPLANT mgner, supply moderate, demand fairly Good, Fresno and Stanislaus Counties, lugs II-24s, $1.50 to mostly $1.75. i ART CHOKES allaht iv weaker, supply fairly heavy, demand all California districts, 7Vj Inch box packs, 40-43 and 72-m, K.ismi.so. peppers Slightly weaker, supply moderate to fairly heavy, demand slow, Santa Clara and Alameda Counties California Wonder Type Bells, 4Vjc to mostly sc 10. TOMATOES About steady to slightly stronger on best, supply moderate, mano rainy gooo, Kama tiara loumy 2 layer lugs, 5x6 or larger, Jl. 50 1.75, waxed stock, $2.5092.75.

Rest generally unchanged. BERRIES: STRAWBERRIES 12 pint trays, Monterey and Santa Cruz Counties, S3.003.25. FIGS San Joaquin Valley bulk mission, basket crates, medium, $2.503.00. Kadotas approximately 5 1 layer flats. 60S, GRAPES lb.

cartons and lugs. San Joaquin Valley Thompson seedless, $1.502.00, Italia Muscats, tl.752.50. Lodl District Tokays, MELONS: CANTALOUPS San Joaquin Valley, umbo crates, 36s, ASt, w.so. CASABAS San Joaquin Valley, crates. various slies, $2.25 2.50.

CRANSHAWS Jumbo flats, to as, san Joaquin Valley, $1.5002.00, Sutter County, $1.7512.25. HONEYDEWS Sutter County, umbo and standard flats, 6 to 12s, $2.252.50. PERSIANS San Joaauln Valley, umbo and standard flats. 4s to 12s, $1.7502.00. NECTARINES San Joaouin valley, 2 laver luos.

cud pack, late Leorands, 60s, $4.00, Sungrands, 64 and larger, $3,509 3.75. PEACHES 2 layer lugs, cup pack ano cartons traypack, San Joaquin Valley Merrill Fiestas, 50 and larger, J2.25S2.75, Tehama County, Merrill Fiestas, 4B and 50s, S2.50lg3.00. PEARS Bartletts. Lake County, one way lugs, 110 or larger, $6.0096.25, mostly $6.00. WATERMELONS San Joaquin vaney, Peacocks-Klondikes-Strlpes, 2'jc lb.

APPLES All California districts, boxes and cartons Fancy Red Delicious 4-tier, Fancy- Newtons, 4-tler, $3.50 W3.S. AVOCADOS Southern California, lugs, Hass, 40s, $4.50 5.00, 48s, $4.755.25. LETTUCE Cartons, 24s, Monterey ana Santa Crux Counties, $1.75 2.00. ONIONS 50 medium Santa Clara County Yellows, $1.75, San Joaquin County Yellows, Si. 75, Kea biooes, ii.w.

All California districts White Globes, $2.652.75. POTATOES 100 lbs. U.S., 1-A, Russets, Washington, $5.505.75, 4 to 14 ounces minimum, $6.00, San Luis Obispo County U.S. 1, 6 to 14 ounces, $5.8596.00, Long Whites, San Luis Obispo U.S.. 1-A, $5.75 06.00, 6 to 14 ounces minimum, .15.

IS 6 00. CABBAGE All California district round type trimmed crates, $2.002.25. CARROTS Monterey County, Icepack, 4 dozen bunches, $3.25, topped 50 lb. sack film nljutlr llnor. Si 75 (B 2.00.

CAULIFLOWER Snowball typ, local, untrimmed crates, CELERY Shed pack, Monterey County, 2 dozen, $2.753.00, in dozen, sj.w, nem San Mateo County, 2 dozen, $2.25, 2' dozen. $2.002.25. snilASMAII California districts, loos, Italian, $2.502.75, summer, Yellow Crookneck, $2.502.75. SWEET POTATOES-Cartons, 30 Merced County, Jersey type, $4.755.00, Improved Reds, $4.00, Velvets, $4.00 4.25. SPOT METALS NEW YORK.

Seot. 16 JPt Soot nonfer- rous metal orlces todev: Copper 33 cents a pound, Connecticut Valley. Lead 12 cents a pound, New York. Zlne 13 cents a pound, East Louis. Tin 1.01 a pound, New York.

Foreign silver 1 cents per troy ounce, New to, uuic silver, 76-pound flask, $210, New York. Ask Bid Ask 9.51 5.74 4.30 6 .20 6 80 12.03 13.17 Loomls Say Manag Fd Elec- 14.92 14.92 3.06 3.36 3.39 3.72 3.19 3 50 1.89 2 08 do Gen Indust do Paper do Petrol Mass Invst Tr do Growth Mass Life Fd Nat-Wide Sec Nat Investors Sec Ser Bal do Dlv do Pf Stock do Income do Stock do Growth One Wm St Philadelphia F. Pine St Fund Pioneer Fund Price, TR Gro Puritan Fund Putnam Geo Putnam Grth 9.09 9 95 6.21 6 81 12.84 13.90 14.20 15.35 5.37 8 92 2.14 5.18 8 45 (49 I 73 589 9.77 21.01 22.71 2.36 19.21 "20.78 13.89 15.02 5.69 9.26 9.29 9.57 10.44 11.41 3.64 3.98 7 53 8 23 5.73 4.26 7.64 8 35 8.26 9.03 12.06 13.04 18 77 19.33 4 82 5.27 4.72 25.75 25.75 7.49 8.19 8.24 10.10 10.25 11.12 10.80 10.91 8 18 114 10.53 11.52 8.54 9.28 13.64 13.78 7.47 8.08 14.53 15.79 13.94 15.15 10.49 11.47 6.14 4.72 5.31 5.80 9.95 10.87 Quart Dist Scudder St 6.82 7.45 10.83 11.14 11.42 12.63 12 96 12 96 24.88 25.97 21.96 23.96 15.55 16.971 18 31 18.31 do Common Select Am Shrs 9.09 9 09 71 .42 11.23 12.27 35 67 37.67 Sharehldrs Tr State St Invst Telev Elect Fd Texas Fund Unit Accum 7 90 8 61 9.24 10.08 8 73 9.53 9-53 10.42 12.30 13.37 7.05 7.70 10.57 11.49 13.74 15.04 15 15 16 47 14 65 15.98 18.87 20.59 11.53 12.59 12.73 13.89 Unit Cont Fund Unit Income Unlf Science Unit Canada 12 35 13.48 13 92 15 06 5 68 4 23 14.62 1X37 11.11 12 14 17 20 18 SO 5.95 4.48 Value Line Fd 4.25 4.83 5.28 5.72 do Income Fd do Sol Sit Wash Mutual I Wellington Fd Whitehall Fd 3.50 3 83 9.18 10:03 13:82 15.07 12.45 13.44 S.F. Bay Shipping News Hydrtufes Air Condition! WsOmtam lafaefeai'-DitrMlB Deaipi M4 Insttllitlaaj Power Network Equipment Airborne CommuMliaflui CI! ttswhial Dee, and ConflfaraHM taring Gear Body, Wing ind Control Swfacet Auto pilot Control Surfaces Servo Mechanisms- While aircraft experience ia desirable, training assignments are arailable, on a selective basis, to engineers in other fields who wish to applj their capabilities to aircraft design. Minimum requirements B.S.

degree in aa engineering science. Salaries an eonspetJtheiy eommeneurate with etperlenoe, and range from $7,000 to $13,000. Boeing pays liberal travel and moving allowances. At Boeing yovll enjoy the advantages of the uncongeated, evergreen Pacific North wees, famous for year-round mild climate, unexcelled recreational facilities, modern housing, fine schools and owtdoor Western living for the whole family. For a personal, oojindentieJ interview at your eoaveuenos, phpM Mr ita NafTVB rf1t-2S2S Thursday, Sept 15 through Saturday, SepL 17 I EverMng Intswvaaws may be arrangxl NEW YORK CITY, Sept.

16 1 This is certain: 1961 is go ing to be the greatest year in the history of the automobile business for the car buyer. Motorists will be presented with the widest range of car sizes, horsepower ratings, styles and mechanical improvements ever brought to market. All domestic and foreign car makers will bend to win buyers' favor. Price tags on the new 1961 mddel cars are about the same as 1960 models. Reasons: Auto-maker money-saving practices via more efficient production, less trip and companies absorbing part of higher material costs.

Some auto makers are making predictions on sales volume for the upcoming year. One has already mentioned a figure of 7,000,000 as a realistic goal. That figure takes in 450,000 imports. But like the trade guesses for the 1960 year, that figure is artificially high. It is probably based on the hope the public will lap up the compacts.

Forecasts of 7,250,000 for 1960 missed by a wide margin. The total will be about 6,000,000 plus some 450,000 imports. But a 6,000,000 figure for domestic cars would be a 10 per cent gain over 1959, and that's good for the industry. Question on 1961 car sales prospects is: What will the public do? Auto makers say personal income continues at high levels and will for 1961. But recent surveys of consumer buying intentions show a less- optimistic attitude.

That's not good. Commercial bankers hint that the auto sales outlook for -1961 isn't too promising. They note that steel orders being placed by auto makers are for only 30 days ahead compared with usual 60 days' time. Moreover, auto sales follow the chart line of the national economy the figures of the INVESTMENT FUNDS NEW YORK, (AP)-Natlonal Association of Securities Dealers, Inc. ARRIVED IN S.F.

BAY WEDNESDAY, SEPTEMBER 14 KRISTAN p.m.. Nor ms, Olsen, from Los Angeles. Bakke S.S. Co. Pier 45.

REBECCA 9:20 p.m., str, Howland, from Canal Zone. States Martne-lsthmlan Agency. Army Terminal, Oakland. THURSDAY, SEPTEMBER IS HAI SlU 12.55 a.nv Chinese str, Chen, from Los Angeles. General S.S.

Corp. Pier 41. HAWAIIAN REFINER 5:40 a.m., str, Wlchman, from Honolulu. Matson Navigation Co. Pier 32.

LOCH a Br ms, Swal-low, from Los Angeles. Holland-American Line. Pier 45. FLYING DRAGON 8 a.m., str, Whyte, from Honolulu. Pacific Far East Line.

Naval Air Station, Alameda. KOINER-715 a.m., from sea, U.S. Navy, Treasure Island. -OPEGON a.m., Japanese ms, Mlyaoka, from Hong Kong. Kerr S.S.

Co. Pier 45. a.m., tkr. Walk," from Moss Landing. California Shipping Cs.

Richmond. a.m., tug, from Portland (with tow). Shaver Transportation Co. Pittsburg. F.

S. BRYANT 9:45 a.m., tkr. Banks, from Point Wells. California Shipping Co. Richmond.

a.m., Nor ms, Olsen, from Columbia River. Overseas Shipping Co. Encinal Terminal, Alameda. p.m., yacht from Papeete. Sausalito.

GUAM BEAR 1:30 p.m., str. Booth, from Guam. Pacific Far East Line. Naval Supply Center, Oakland. PRESIDENT HAYES 3 p.m.,,str.

Holt, from New York, American President Lines. Pier 50. PVT. FRANK J. p.m..

Navy transport, from Pearl Harbor. Military Sea Transportation Service. Army Terminal Oakland. PIT ADVENTURER--5 'str, Dreyer, from Philadelphia. Pope Talbot Lines Pier 38.

ATLANTIC STARLIGHT 5:10 p.m., Greek str, from Japan. General S.S. Corp. Pier 90. PERMANENTE CEMENT 5:20 p.m., str, Murray, from Portland, Perma-nente S.

S. Co. Redwood City. DEPARTED FROM S.F. BAY WEDNESDAY, SEPTEMBER 14 BERG ANGER 4:35 p.m..

Nor ms, Sellevold, for Columbia River. Westfal. uarsen io. p.m. ifr, Patronas, for Los Angeles.

Waterman S.S: Corp. SHIMANE MA RU 7:25 p.m., Jepe-nesr ms, Kawal, for Cristobal. NYK Line. HENRIETTA W. SCHULTE 1:25 p.m., Ser ms, Aden, for Columbia Rlvtr.

Waterman S.S. Corp. If sea ase eeaUt te steet 4tk eea ieaeeeieeen, ea areiavearf sa eaW4 to: Mr. Utrnt Kh Vm-mud tUmyp hoH hkmm OenWea, P.O. Boa W-eU, Sm, tmkatHm.

Bid Ask Aberdeen Fund Affiliated Fund -Am Bus Shrs Am Invst Fund Am Mutual Fd Assoc Fd Trust Atom Dev Mu Axe Hghtn Fd A do Stock Fund Blue Ridge Boston Fund Broad St Invst Bullock Fund Canada Gen Canadian Fund Century Shrs Tr Chemical Fd Colonial Energy Colonial Fund Comwlm Incme do Investment do Stock Fd Concord Fund Cons Inv Tr Crown lnv-0 Delaware Fd de Vegn Invst de Vegh Mu Divers Gro $tk do Invest Fd Divdend Shrs Dreyfus Fund Eaton Bal de Stock Electronics Inv Energy Fund Fidelity Cap Fidelity Fund P.t.F. FeundertMtf Fundamental I Gen Capital 2.05 2.25 7.27 7.86 4 23 4.52 13 74 13.74 $.53 9.32 Group Sec Av-E Bldg. do Cap Grth do Common do Fully Adm do tndust Melt do Mining do Petrol do Bonds do RR Equip do RR Stock de Steel do Tobacco Grow Ind Shrs Hamll Fd HC 7 doHDA Haydock Fund Income Fd Bos Incorp Income do Investors Instlt Found do Growth Fd do Income Fd Int Resources Invest Co Am 1 l. 5.22 4.78 5.25 $31 3.89 5.71 9.11 4.25 11.17 12.14 17.20 18.59 12.10 13.08 12.35 13.53 13.17 14.24 14 31 17.65 9.59 10.92 11J1 12.03 13.15 10.38 11.34 117 9.64 9.40 10.22 15.12 14.43 13.99 15.12 17.50 19.00 612 7.46 Invest Tr Bos 10 92 12.01 Invs Research 15.64 15.82 54 12 55.371 Johnson Mut Keyitn Cus 1 9 51 10.501 do 2 doB3 SO 6 4 do 1 do 2 doSl do 2 doll do 4 1.74 9J8 2.92 3.21 14J2 15.78 11.05 11.12 UJ9 12.39 7.24 1.051 J1.41 JUI 14.44 If 91 14.79 15.99 199 4J4 KeVstn Fd Can Knickerbocker Latard Fund Lexinaton Tr 10.21 ll.WH 1.74 9Jt 16.73 11.11 Life Insur Inv do stack puno Sublect to chanee without notice. Saturday, September PRESIDENT GARFIELD for YokO-h jfrft Pte! 50 PRESIDENT HOOVER fx Yokohama, Pier 50.

MATSONIA for Honolulu, Pier 35. OHIO for Manila, Pier 15. MAIDEN CREEK for Yokohama, FHr HAWAII BEAR tar Yokohama," Plar 40. tnvironment for 1 i.