The Journal Times from Racine, Wisconsin • 21

Tuesday, Die 28, 1971 RAClNt JoUKWAL-llMti 7B iiiimiuiinumuumiiuiiiiuiiuiuiniiiinnmumuiuiniiiuiinnimmun iimiimm imiiiiiinii minium iiiiiiiiiiiiiiiiiiiiiiiiiimiiiiiiiiiiiiiimmiii I Expert Calls Money World By Lauranca F. Stuntx NEW YORK (AP) Tha sourest reaction to tha Washington money agreements has coma forth from Dr. Franz Pick, tha barbed, Austrian-born currency expert who thinks the money world is one big conspiracy to rook the people. Yet Pick is not a crank-be is a highly respected and highly paid economist. Ha serves as consultant to many companies, advising them on ways to keep their overseas currency safe from expropriation, needless taxes or devaluation.

It is Just that he had little faith in government bonds and an unlimited faith In gold. Quite a few observers, although they don't go as far as Pick, agree that he is not far wrong in some of his dicta. "If you think you can shake people's faith in gold," raid one, "just offer a man a choice between a $10 bill and a $10. gold piece' i Even soma conventional bankers think along with Pick on the question of the monetary agreement which President Nixon called "the most significant economic agreement in the history of the world." "Read the fine print," one banker advised a reporter. Sure enough, it turned out that the gold revaluation announced previously was conditional, to happen only if the United States got a trade agreement in return.

And there was also the question of the value of the Canadian dollar, which the communique plastered over when the finance ministers' of the Group of 10 could not agree. "The agreement," Pick thundered in a recent statement, "was nothing more than a defeat of American currency diplomacy and a fraudulent state bankruptcy, covered with Mil town words such as alignment, monetary peace, cooperation of Ctral Banks and a lot of technical They were words, he insists, which "the man In the street and most financial writers do not understand." Along with bis rhetoric, Pick brings out some new factors in tha international money system. He estimates the pool of Eurodollars, which are perhaps the real villain In the recent money drama, as $73 billion. This is 48 per cent higher than most recent estimates, which put the total at some $50 billion. Even the smaller figure is about as much as the total currency in circulation in the United States.

This, he claims, means that "America punished the countries which upvalued they have to reduce the value of their gold stocks in terms of national currency and will lose hundreds of millions of minidollars on the billions of dollars they had to buy in order to avoid an international breakdown of currency markets." In his view, the solution reached In Washington was only short term. I'The outlook," he said, "is not good. The present currency honeymoon cannot last long, because the devaluation was too small. "The Eurodollar remains inconvertible and a constant menace to the solvency of the United States. The trade, as well as the payments deficit, will not disappear.

It may even get "Forthcoming foreign exchange controls may create additional problems beginning in February, 1972, and a new wave of price rises will begin after the first three months of the devalued dollar's reign." Maybe things will not be all that bad. We must all hope so. I Big Consp i racy DR. FRANZ PICK Indicators Show Gain Nation Economic iiiiiimiiiiiiu Kearney Trecker Trim Production Briefs MRS. ROBERT A.

KAMER- MAN announced she has purchased the two-story building at 309 4th St. in which she has operated Kamerman Gallery for nine years. She bought the building from Mrs. Irving P. Halverson.

Price was not disclosed. Kearney Trecker Corp. has shut down operations for this week at the Milwaukee headquarters plant and its Gorton Machine Corp. plant here in a further cutback attributed to the continuing depression in the machine tool industry. WASHINGTON (AP) The government's list of 'leading economic indicators which tend to foreshadow future movements in the economy showed a slight gain in November, the Commerce Department said today.

The index of leading business indicators advanced by two-tenths of one per cent after a strong 1.1 per cent Increase In October. Into a sharply expansionist stage as predicted by the Nixon administration. But a Commerce Department economist, Asst. Secretary Harold C. Passer, said the slight gain last month continues the increase in the indicators' that has been under way for more than a year.

Expansion (Forecast "Thus, the leading indica better than half the average for the six-year period 1964-69. Machine-tool shipments this year fell to less than $1 billion from $1.44 billion in 1970, the lowest shipment total since $395.8 million in 1963. Kearney Trecker posted a loss of in its 1971 fiscal year ended Oct. 3. Besides building permits, indicators for Industrial materi- als prices and stock prices dropped in November, the de-' partment said.

Prices of common stocks actually dropped. 4.8 per cent, according to the report, after a 2.1 per cent decline In October. But Passer said prices of common stocks have rebounded since Thanksgiving and should recover in December. the months ahead," Passer said. Of the eight indicators available in November, five were up and three were down, with the strongest gains recorded in the length of tha average work week and new factory orders for durable goods.

The increase brought the composite index of leading indicators to 128.5 per cent of the 1967 base year. The sharpest decline came in the indicator for housing permits, which dropped 9.7 per cent after a 14.4 per cent increase in October. Passer said the decline in housing permits was "not unexpected." Other Gainers Other indicators showing gains were those for initial claims for the price-labor cost ratio, and contracts and orders for plants and equipment. Only a handful of people are Wakciftr Nam PC on the Job at the two Plants YTlUdlCl Mdiuca essential services, The report gave no evidence tors continue to point toward said A.D. Gunderson, Kearney Marketing VP the.

economy is ready to swings further economic expansion in Tenneco Expects Records Afoon W. Y. Stock Prices NatAlrln NEW YORK (Af) Ntw York Stock Exchange selected neon orlcti: Nat Can .45 Salt Nat Local Interest -t (Courtesy of Raclnt Office, Marshait Company, Inc.) Nf EIPaaoNG 1 EltraCp 1.20 Emer El 1.20 Essex I nt 1.20 Ethyl Cp .84 EvansP i ends.) Hign low im eng. SbCL In 2.20 SearlGD 1.30 SearsR 1.40a Shall Oil 2.40 ShellTr 1.45g SherwWm 2 Signal Co .60 NatCashR .72 Nat Disll .90 Nat Fuel 1.74 NatGanl .20 A 25 30ft 30 30ft -1ft 24 16 16ft 163 153 29 29 29ft 65 15 15ft 15ft ft 5 25ft 25 25 1 23ft 23to -S3to 141 19 19ft 19ft to 64 6ft. 6 6 ft 14 45ft 45 45 ft 4 13ft 13 13 Hloh Low Lt Chi.

3J 4H4 Nat Gyp 1.05 Ametetc 18ft 17ft leftunch. 28 Slfik 5Wa 50 Cont. Can Mar inoust ....32 31 32 4 to NatSaot 2.50 Slngerco 2.40 Smith KF 2 SonvCo 35 35ft to ..,.20 19 19 ft 12 24ft 244 24ft ft 44 16 16ft 16ft 2 31 31ft 31 ft 10 81ft 81 81ft ft 11 45ft 45ft 45ft ft 40 25ft 25ft 25ft SO 51ft 51ft lift -ft 129 27 26 26ft ft 32 10 10 10 3 10ft 10ft 10ft 62 41 41ft 41 ft 41 52 51ft 51ft 10 21ft 21ft 21ft to 86 26to 26ft 26ft ft 50 27ft 27ft 27ft 66 30 29to 29ft ft 10 66 46ft 46ft ft 12 25ft 25 25 E5B, inc. Koehrlng Lee Ent. Massey Modlna ....17 17ft 17 ft SCar EG 1.33 65 71 ft 70 13 35 35 ....12 12 12to ft No Trade 23 MSL Ind ......13 13 13 ft 19 16 15 41 23 22 19 28 28ft 80 15ft 15 70 to 35ft ft 15ft Vt 23 28ft Vt 15 ft 13ft 75 Vt 41 31 32 unch.

Normwesf ind 32 SocaiEd 1.54 South Co 1.24 SouNGas 1.40 Southn Pac 2 SouthrnRy 3a SperrR JOg SquareD Squibb 1.50 Rex Chn. (2.34 No Trad 43ft Rex Chn 40ft 40ft 40ft 4- to Falrch Cam Fair Ind Fansteel Inc Fodders .50 FedDeptSr 1 Flltrol 1.40 Firestone .83 FstChrt 1.421 Fllntkote 1 FlaPwLt 2.12 FMCCp .15 Food Fair .90 Ford 2.60 ForMcKs .80 FreepMIn .81 Fruehf 1.70 Nat Tea .80 Natomas .25 NevPow 1.24 Newberry. 50 NEngEi 1.56 Newmnt 1.04 NlagMP 1.10 NLlnd 1 Norfolk Norrls Ind 1 No Am Phil 1 NoAmRk 1.40 NoNGas 2.60 NoStaPw 1.70 Northrop 1 Nwst Afrl .45 13ft 75ft 40 1 10VS 1014 KVt 41 33 33'V33V 4 18V Wl VVt 20 61 M' 61 5 52H 52V 52V4 Vi It 20 1W4 13 32V 32V 32V4 Vi 105 18 18 18 Vt 13 12 12H 124 Vt 42 18'i 18H 153 21 21V4 21 31 28VH 21V V. 23 32H 32V 32H Vi 52 12ft 12 12 26 43 43V 434 5 131 13 13 50 41V4 41V 41V4 791 40V4 39ft 40 37 41ft 40 41ft 24 52 52 52 Time, Inc 54'4 54to unch. Vulcan Mat.

26 25 25 4- ft 27ft 27ft ft; StBrands 1.60 WIS. El PW 23 23 23ft Unch. 58 15ft 147a 15ft ft! 28ft 29ft to Wis. PSvc ..,...,...17 17 17ft 4- ft 42 43 ft 65 70 70ft 70ft ft 168 13ft 22 75'e 54 41 9 27to 45 29ft 57 43ft 12 27 9 21 25 39 4 38 4 30 31 61ft 26ft ft 247a 24ft ft Sale floures are unofficial. 21 39- 17ft 17ft 38 38 ft Unless otherwise noted, rates of divi Std Kollsman StOllCal 2.80 StOIIInd 2.30 StOIINJ 3.803 StdOilOh 2.70 Stauf Ch 1.10 SterlDrug .80 StevensJ 1.50 StudWor 1.20 26 21 39 38 30 61 dends In the foregoing table ar annual NwtBanc 1.40 38 49 25ft 23 17ft X17 38ft 282 lift 68 23 47 43ft Norton 1.50 oisoursemania nasao on in ih quarterly 30' or semi-annual declaration.

SDKial or 61 -ft NortSim 1.37f 10ft 10ft -ft 63 32 31ft 32 extra dividends or oavments not desla- 22ft 22ft 4 61 nated as regular ar identified. In the 42ft 43ft ft 70 Ziyi 214 21 OccldPet .50 lift ft following footnotes, a Also extra or extras, Annual rat AbblLb 1.19 ACF Ind 2.40 Ad Mlllis .20 Address Admiral -AatnaU 1.60 Air Prod .206 Aircolnc Akzona la AlcanAlum 1 Alien Cp AlleflLudlm 1 AllegPw 1.3a Allied Ch 1.20 AllladStr 1.40 AMisCh jog Alcoa 1.10 AMBAC .50 AmHess Am Alii A Brnds 2.20 AmBdcst 1.20 Am Can 2.20 A Cyan 1.25 AEIPw 1.70a A Horn 1.70 Am Hojp A MtlClxl.40 Am Motors ANatGas 2.20 ASmeltR 1.20 Am Stand .40 ATIT wt Am T4T 2.M AMP Inc 1 AMP Inc .44 Arnpax Corp Anacond J0p Anch Hock 1 Ancorp ApecoCp Arch. Dan 1 ArmcoStl 1 Armst Ck Ashld Oil 1.20 Assd DO 1.20 All Rlchfld 2 Atlas Corp Avco Corp Avnet Avon Pd 1.30 SunOil lb SurvyFdJ Swift Co .70 Systron Donn 311 64 43ft 43ft ft 35' 34ft 35 2ft 29V4 29ft 19ft (9ft 19ft 4- Vl 39ft 38 38ft Vt 27 26ft 27 V4 7ft 7 7 Webster Electric Co. Inc. announced the appointment of Richard S.

Bain as marketing vice president, a newly-created post. Bain, 42, will assume responsibility for Webster's over-all marketing functions Jan. 1, said David J. Munroe, president of Webster and chairman of the board of Sta-Rite Industries, Webster's parent company. Bain joins the Racine firm after two and a half years in the marketing department at Sta-Rite's home offices In Delavan.

He joined Sta-Rite from Sears, Roebuck he served successively as a store department manager, assistant controller of the plumbing-heating department, assistant buyer of water heaters and softeners, and national and product manager for pumps and water systems, i A graduate of Northwestern University, Bain operated a family contracting business in Chicago fpr four years, and was with Sloan Valve Co. there as an engineer for two years before joining Sears in 1957. Produce MILWAUKEE (AP) Potatoes: Idaho U.S. No. 1 russet burbanks 6.00-6.25; Wisconsin superiors U.S.

No. 1 2.25-2.50; Minnesota, U.S. No. 1, size red 100 lbs. 3.25.

plus stock dividend, Liquidating dlvl 56 36ft 35ft 36ft Vt lift 23ft 257 20ft 17 23ft ft 26 ft 20 ft 17 -ft Trecker's manufacturing vice president. The shutdown was scheduled four months ago, he noted. At Gorton Machine, Monday, Thursday and Friday of this week are paid holidays, so the cutback here amounts to a two-day, unpaid layoff for about 330 workers, plant and office. At the Kearney Trecker plant at Milwaukee, Friday is a paid holiday, so the layoff there, which involves about 1,200 employes, covers four days Monday, Tuesday, Wednesday and Thursday, Gunderson said. Kearney Trecker and the nation's other machine fool builders are ending their second straight year of severely depressed orders, reflecting a continuing reluctance on the part of manufacturers to buy production equipment.

Industrywide, new machine-tool orders In 1971 of about $850 million will be the lowest since 1962 and only a little Yesterday NEW YORK (AP) -Stocks-Slipping in moderate trading. Chicago: Wh eat-Mostly lower; liquidation. Corn-Lower; light trade. Oats-Mixed; light trade. Soybeans-Lower; liquidation.

Chicago Grain CHICAGO (AP)-Wheat No 2 hard red 1.66n; No 2 soft 531 lift 26 23 93 26 6 20 44 17ft 10 11 20 41ft 6 45 5 51ft 56 43ft Tenneco Inc. expects its revenues and earnings to set records in 1971, said N.W. Freeman, chairman and president of the Texas'based conglomerate. In a year-end statement, Freeman also forecast a "modest business upturn that could gain momentum" in late 1972. "For Tenneco," he added, "we plan for an Increase In both revenues and earnings next year." Freeman said the record Tenneco results for this year and further Improvement in 1972 are expected even though Vprofit margins continue to In 1970, Tenneco had net income of $158 million or $2.09 a share on record revenue of $2.5 billion.

The company's record year for operating earnings was 1969, when net income from operations reached $165 million, or $2.31 a share on the 53 million shares then outstanding. Presently, there are about 65 million shares outstanding. Tenneco's operations include the Racine-based J.I. Case iirii 11 OhloEdls 1.54 Okla GE 1.28 OklaNGs 1.24 Olln Corp .88 Omarkln Oti Elev 2 OutbdMar 1 OwenCng .71 Owen III 1.35 11 18 40ft 71 79ft 77 23 102 30 .18 26ft 3134ft 40 40 ft 79 79 22ft 23 ft 30ft 30ft ft 26 26ft ft 33 34ft ft 46ft 46ft dend. d-Dclared or paid in 1971 Plus stock dividend.

Paid last year, Paid In stock during 1971, estimated cash valu on ex-dlvldnd or ex-dlstrlbution date, Declared or paid so far this year, Declared or paid after stock dividend or split up. Declared or paid this year, an ccumulativ Issue with 37 37V 37ft 19ft 19ft 19ft 144 14ft 14V4 Ift 8ft 8ft 45ft 44ft 45ft 41 to 41 ft 45ft 45 517a 51ft Vt 75 47ft 43 43ft ft 41 47 48 55 39ft 39 39 ft 27 39ft 39 39 ft dividends in arrears, New issue. 70ft 70ft 70ft 12ft 12 12 Paid this year, dividend omitted, deferred GAC Cp GAF Corp .40 Gam Sko 1.30 Gen Dynam GanElec 1.40 GenFood 1.40 GenMllla .96 GenMot 3.40g PubUt 1.60 GnTelEI 1.52 Gen Tiro lb Gonesco 1.70 GaPacIf Gerbar 1.30 Glllete 1.40 GlenAld Global Marin Goodrich 1 Goodyr .85 Grace 1.50 Grant 1.50 Grt 1.30 GtWest Flnl GtWUnlt Gm Giant .96 Greyhound 1 GrummnCp Gulf Oil 1.50 GlfStUII 1.04 GulfWn .60 GlfWnlnd wt 158 24 34 31 50 28 83 112 1148 918 21 29 104 77 1 24 32 1 113 11 34 4 198 49 63 53 10ft 10 ft 14ft 14ft 14ft 4- ft Vi 32ft 31 32ft 4 or no action taken at last dividend meet- Tampa El .80 Tektronix Teledyna Telex Cp Tenneco 1.32 Tesoro Pet Texaco 1.60 TexETrn 1J2 Tex Sul .60 Texaslnst .10 TexPLd JO9 Textron .90 Thlokol .40 Thrift Dr .70 TlmesMIr .50 Tlmken 1.80 31ft 31ft 31ft ft VH 27ft 27ft Ing. Declahad or paid in 1970 plus 11 ln tvrt 1 17 10 19 16 104 27to 57 30ft 27 28ft I 53ft 30ft 30to ft 30ft 30ft siocK dividend, paid in stock during 1970 estimated cash value on ex-dividend 22 22ft 28 28ft 53ft 53 ft or ex-distrlbution data. I Sales In full.

17 ft 9ft ft 15to ft 34 20 20ft 20ft ft eld-Called. x-Ex dividend, v-Ex divi 93 27 27 27ft -ft 12'4 12ft 12ft 10ft 10 10ft Vt 36 36 36 20ft 20 20ft 44 44 44 23ft 23ft 23'A 'ft 59 59ft 59ft ft 69ft 67ft 69ft 1ft 2ft 2ft 2ft 16ft 15 16ft ft lift lift lift ft 32ft ft 18 16 157a 16 ft dend and sale in full, x-dls ex distribu tlon. xr Ex rights, xw Without war 4to 15 22 21ft 21ft -ft 67 59 59 59ft ft 23 74 7234 74 1 128 101 100 100 ft 25 47ft 47 47ft 3 33 33 33 ft 18 48' 48ft 48ft ft 65 17ft 17 17 22 76 76 76 22 58 58 58 40 22ft 22 22ft ft 25 24 24ft 24 529 27ft 27ft 27 ft 160 20ft 20 20 ft 16 45ft 44 44' ft 22 45 44' 45 V4 12 83 12 12ft to 95 31 31ft 31ft ft 10 30ft 30 30 ft 7 17 16ft 87 24 45ft 44ft 45ft 4-1 10 5 5 -5 90 56 55ft 56 ft 32 68ft 68 48 ft 10 73 73 73 ft 12 10ft 80ft 80ft 4 39ft 38 39 40 48ft Am 48ft to 16 27 27 27ft ft 9 39ft 39ft 39ft to 6 50 50 50 41 5ft 5 5 ft 14 35 34 35ft ft 7 19ft 19ft 19ft ft 3 24ft 24ft 241 14 194 30ft 30ft 30to 201 24 23 24 ft 121 12 12to 12ft ft 116 25 24 24 21 36 35 35ft 4- Vt 277 34ft 33 34ft to 11 44ft 44 44ft ft 141 14 14 14 ft 11 125 124ft 124to 4 18ft 18ft 18ft 12 29 29 29 ft 25 15to 15ft 15 ft 62 23 23ft 23 ft 58 51 Va 50 50' 10 43 43 43to ft 39 16 14to 16 ft 52 43 43 43 ft 91 17ft 17 17ft ft 2 29 29 29 ft 50 31 30ft 30ft ft 137 11 11 11 29 42 41to '41to to 3 20 20' 20 57 42 41 42 86 17 17 17 Vt 63 32ft 32to 32 ft 6 59 59 59 35 18 18 18ft ft 59 29ft 29 29 ft 125 10 10ft 10ft 40 8ft 8 8ft Vt 4 28ft 28ft 28ft 63 65 64to 64' ft 5 32 32ft 32to ft 135 24ft 23'4 24 Vt 41 31 30 30 1ft 32 21 21' 21 ft 126 31 30 30 57 16 15 15 ft .155 20 20 20 -to I 73 72ft 72 64 13ft 12ft 12 ft 6 11 11 11 162 20ft 20 20ft Vt 50 78 7714 71 1 5 21 21 21 ft 16 34 34ft 34ft ft 106 32ft 32 327s 4- 36 43ft 43 43 82 46ft 44 46 25 46 45 45 597 714 7 7ft I 98ft 97 97 to 10 .24 24 24 ft 43 9ft 9 9 ft 37 38' 38ft 38ft ft 5 49ft 49 49 17 47 46 47 115 125 124 124 1 34 41 40 40 432 43ft 43 43 Todd Ship .10 9 ft 21 21ft 74 -ft 144 14ft ft 56 30 17 23 55 17 71 9to 129 15 14 32to 205 4 17 9ft 23 74 28 24 123 21 23 70ft 64 40ft 63 37 92 23ft 69 69 58 31ft 63 24 17 9ft 15 32ft 4to 9 74ft 237 21ft 49 40ft 36to 22 68to 23ft 32 21ft 13 14ft 202 26 34 20ft 23 27 10 8 Trans Air Transmra .55 TrICont 1.98g TRW Inc 1 Twent Cant 21 ft 26A 26fft 20 20ft ft 27 27 -ft 17 101ft 101ft 101 to 69 Vi 40ft Vt 8ft Ift PacGEI 1.44 PacLtg 1.60 PacPetrol .40 PecPwL 1.44 Pac TfcT 1.20 PanAmS PanAm WAIr Penh EP 1.80 Penn Cent PennOix Penney JC 1 PaPwLt 1.60 PennzUn .80 PepsiCo 1 Pfizer .40 Phelps 2.10 PhllaEI 1.44 PhllMorr 1.24 Phlll Pet 1.30 PltneyB .68 Polaroid .32 PortGEI 1JI PPG Ind 1.40 ProctGm 1.50 PubSCol 1.12 SvEO 1.64 Publklnd Puebloln PugSPLt 1.64 PuMman 2 rants, ww With warrants, wd When distributed, wl When issued. nd-Noxt day delivery. In bankruptcy or receivership or being reorganized under the Bankruptcy Act, or securities assumed by such companies, fn Foreign Issu lublect to interest quallzatlon tax.

Local Over the Counter 36ft ft 23 69 lto 75ft 75 14 50ft 50ft -ft 31ft Vi 30' 24 35 74 9 51 45 14ft 22 52ft 14 14 24to ft 90 1 20 ft 29 33 33 33 ft 50 30 30ft 30ft 35 42ft 42Vti 42ft ft 9 42ft 41 41 4 10 184 18 -18 ft 11 57 57ft 57ft 26 42 41 42 ft 10 67ft 67 67ft 91 6ft 6 6 464 30 29ft 29ft ft 3 36ft 36ft 36ft ft 59 18ft 18ft 18ft ft 52 52 146 90 89 7 20ft 20ft 18 44ft 43ft 70 52to 52 90 47ft 47 43ft Vt Quatatieni 55 76ft 76 76ft ft 52ft 'A 4714 17 14 44 15 ft Halllburt 1.05 Harris Int 1 HeclaM Hercule lJOg Heubleln Jts Hew Pack .20 Hoff Electrn Holldylnn .25 HollySug Homestke .40 Honywll 1.30 HousehP 1.20 HousLP 1.32 How met .70 11 23ft 86 26to 23 23ft ft 26 26to 4 ft 5 17ft 17 33 46 44 5 15 15ft 45 18ft 17 22 5ft 5 5ft ft Bid Ask 11 13 25to 7 l4 24ft 20' 21 II Snap On Tools Sta Rite Twin Disc Versa Tech Western Publishing Wis. Power i. UAL Ine UMC Ind 72 Un Carbide 2 UnElec 1.21 UnOIICat 1.60 Un Pac Cp 2 Unlroyal .70 Unit Air 1.80 Brands UnltCp Unit MM 1.30 US Gypsm 3 US Gyps wl US Indust .60 US PlyCh .84 US Smelt 1 US Steel 1.60 Unlv Oil .200 UnlvCptr Upiohn 1.60 12ft 27 ft 102 129 129ft 129 Vt 14 52 51 51 V4 441 20 19ft 19ft ,74 12 12ft 21 28ft 27 25 51ft 50ft BibckW .50 Bait GE 1.89 BeatFds 1.16 Beckman .50 BeachAr Mb Bell How .60 Bendlx 1.60 BenaflCp 1.60 Benguet Beth SI 1.20 Block HR .24 Boeing Co .40 BoltCas Borden 1.20 BorgWar 1.25 BrlstMy 1.20 Brit Pat Bruntwck .16 Bucy Erl.20 Budd Co BulovaW .60 Bunkr Ramo Burl Ind 1.40 BurlNor 1.50 BurrghJ .60 aim wamer ivianuiaciunng companies. Another subsidiary, Packaging Corp. of America, has a plant at Pnrlmrrfnn 51 ft 23 45 45 45 ft IS 13ft 13 13ft Investment Funds 27 27ft 27ft 27ft 22 30ft 29ft 30 36 56ft 56ft 56ft ft 27 13ft 13 13 28 37 36ft 36 ft 1 27ft 27ft 27ft ft 17 13 13ft 13ft ft 17 ft Q-R 1 17 17 344 34 33 12 19ft 19ft Ouatttiens 32ft 32 -ft 34 to 19 to 14ft 16ft ft 14 14 ft Egg Market 61 40 40 40 Bid 6.81 ...13.99 ...16.45 36 13 49 '32 20 210 5 17ft 17ft 17ft ft 32ft 16 14ft 48 57 33 Affillatad Fund Century Shares Trust.

Fidelity Fund Questor .50 RalstonP .70 Ranco Inc .92 Raytheon .60 RCA 1 Reading Co Rdg Bat .25 Reich Ch .20 ReoubStl 1 48 -48 129 Bft 8'4 8V4 38 23 33A 33ft 57ft 57 37 ft 2 ft 24 ft 1 ft .,10.11 37to 2 24 8 20 investor Mutual 33V 39 44 37 10 2ft 35 25 31 Ift 112 20ft 52 48' CHICAGO (AP) Eggs red 1.69n. Corn No. 2 yellow weak; wholesale buying prices 1.22'4n. Oats No 2 extra heavy 23 46ft 46 46ft ft 16 153 152ft 152ft ft 19 28 Varlan Assoc 26 21 -ft ITT THORP CORPORATION (Thorp, Wl 54771) Ask 7.45 15.29 17.98 10.99 21.90 1.97 14.23 15.42 19.11 11.46 7.62 117 333ft 330ft 333 ft 20ft IdahoPw 1.70 Ideal Bas .60 Imprl Cp Am INA Cp 1.40a Inger Rand 2 Inland Stl 2 tnrrlklnc 1.80 IBM 5.20 Int Harv 1.40 IntMinCh .20 Int Nickel 1 Int Pap 1.50 IntTtT 1.19 Iowa Beef lowaPSv 1.40 Itek Corp 25 29 68 29ft ft.Revlon 1 16ft ft'Rayn Ind 2.40 Investor Stock 20.15 Investors Variable Pay 8.25 Massachusetts Growth .........13.02 Massachusetts Inv. 14.11 Newton Fund .,,..,,...17.49 Selected Am.

10.48 Wisconsin Fund 6.97 48 58 68to ft 58 to )7ft ft VendoCo VaEIPw 1.12 WarLam 1.30 7 Tuesday unchanged to 2 lower; large whites 38; mediums 34; standards 32; checks 17. white 752n. Soybeans No 1 yellow 3.11n. oil 11.70n. 33ft ft xaynmer 5 35ft 29ft 16 32ft 35 58ft 24to 21ft 40 7ft 7'4 7ft 7ft 7'4 7ft 20 20ft 20ft 30ft 30 30ft 24ft 23ft 23ft WashWP 1.36, 16ft 34 1 RoanST 1.47g Rohr Ind .10 RoyCCola .54 RoyDut 2.09g Ryder Sy .50 WitnAir 2.19f 62 17 17 12 5ft 5 15 16ft 16ft 27 34 33 176 34 34ft 5 69 68 58ft to 24 ft 21 40ft 34 V4 WnBanc 1.30 46ft 46ft 46ft ft 68 to 20 20ft 20ft 16 15 15ft ft 35 48ft 48 48 ft 69ft 69ft 69ft ft 10 16 188 33ft 194 35ft 122 58ft 15 24 21 21 77 41ft J-K 4 61 281 41ft 38 96 1 43ft 4 15ft 71 25ft 17 42 54 19ft 20 24 1 26ft 39 11 36 to 24ft ft Jewel Co 1.60 JohnMan 1.20 JohnJoh 46 45 46 ft 48 Jin.

iiM ti. 28 36 22 25ft 1 50 45 37 92 14 50 Vt 7 22 8 148 20 13 49 154 7 16 9 40 54 5 14 37 5 2 46 243 24 50 36ft 13 WnUnlon 1.40 Westgh El Weyerhs .80 WhibFry Whirl Cp 1.60 White Motor Whltaker Williams Co WinnDx 1.74 Woolwth 1.20 Xerox Cp .80 Zale Corp .64 Zenith 1.40 80 61 61 -ft 41ft 41 94to 96 43ft 43 Vt 15 15ft ft 25to 25to 42 62 14ft 14 Wft-ftjSJliSS 45ft di'i 45 ft J0nlau9 750 130 32ft 31 Safeway 1.30 StJoeM 1.50 StL Sa 2.40 StRegisP 1.60 Sanders Asso SaFelnd 1.60 SanFelnt .30 ScherPIg .90 SCM Corp SCOA Ind .60 Scot Pap JO Jostens .70 24ft 24ft 24ft ft 36 to 14ft 1 31 ft 38 17 to 16 -ft Joy Mfg 1.40 19 19 ft Thii innouncamonl It nalthar in orfar to Mil, nor ollcltMon of an otlw to buy that curili. Th ollar la mada only by tti Proipactu. How much do you have io invest to earn 8 interest? 100 0100,000 5 38 38 15 17 87 47 16ft 16 111 13 13 224 16ft 16ft 1 20 20ft 20 ft 51ft 51ft 51ft to 10ft 10ft 10ft 42 42 42 5 5ft 5ft ft 29ft 29 29ft 49ft 49ft 49ft ft 13 16 24 24 26ft 26ft lift lift 24 24ft KaisAium .50 Kan GE 1.44 KanPLt 1.31 Katy Ind KayserRo .60 Kennecot 1 Copyrlghteoby The Associated Press 1971 4 24 306 23 23ft 23ft 23 KerrMcG .61 39 41 41 41 ft 35 29 29ft 29ft ft KimbClk 1.20 Cepital Debentures Due Feb. 1,1984 37 43ft 42 43 ft 55 46 45 45 14 35ft 35ft 35ft 25 119 118 118ft 23 59ft 59V4 59ft to 2 72ft 72ft 72 ft 2 34 34 34 '22 46ft 44 46ft DISPLAY ADVERTISING DEADLINES Kngnt Koppers 1.60 Kraftco 1.70 KresgeSS .50 Kroger 1.30 Cadence Ind Cal Flnanl CampRLk .45 Camp Sp 1.10 Caro PLtl.46 CarrlerCp .60 Cartwsl CestleCk CaterTr 1.40 CeleneuCp 2 Cenco Ins .30 CenlSWs 2 Cerro Co Cert-eed .80 CeunaAIr .60 CFI Stl Ches Ohio 3p ChiMil SPP ChiPneuT 2 Chris Craft Chryslr .60 CIT Flnl CltlesSvc 2.20 Clark Eq 1.40 ClevEIIII 2.24 CocaCol 1.58 Colo Pal 1.46 Collins Rad Cololnts 1.60 CBS 1.40b ColuGas 1.76 CmbEn 1.40 ComlSolv .40 ComwEd 2.20 Comsat JO Con Edit 1.80 ConFds 1.25 ConNatG 1.95 Corn Power 2 Cont Air Lin ConlCan 1.60 Contl Corp 26 Cont Oil 1.50 Cont Tel .80 Control Data Coooerln 1.40 CorGIW 2.50a Cowl Com Cox Bdctt .30 CPC Intl 1.70 CrouseHInd 1 CrowColl Crown Cork CrwnZell 1.20 CurtiuWr 88 100 100 100 17 32 32 32 Vt If Your Ad.

Is to Run On Complete Copy Must Be in By Any amount of $100 or more will do IL Associates Investment Notes earn 8 annual Interest when Issued for 10 years, interest Is engaged hi both consumer and industrial financing, insurance underwriting and commercial lending, and has over 800 offices 88 6 58 1 14 3ft 1 -ft 13' ft 3ft 1 13ft 3ft 16 This announcement is not an offer to sell, nor a solicitation or offers to buy these securities. The offering Is made only by the Prospectus. LearSleg .20 -LehPCem .40 LehVal Ind Lehmn 1.32g Levitt Furn is sent to you quarterly Dy first class throughout tha united States and 17 17 16 13 12 12 4 26ft 26 26 ft 47ft 46 47ft to 31ft 31 31 ft 63 62 63 ft 22ft 22 22 37ft 37 37ft ft 63 61ft 63 ft 25ft 25' 25ft 43ft 43ft 43ft 29ft 29 29ft ft 30ft 29' 30ft ft 21 20ft 20 ft 31ft 31 31 to 41 40 41 ft man. or collect interest in full at 119 120 117ft 117 -3ft Canada. For Information and a free 25 47 47ft 47 LlbbOFd 2 15 18 90 55 45 30 40 99 57 13 8 206 178 26 123 158 63 59 9 maturity.

Other rates and maturities: 7 on 7 year Notes; 7 LlbbMcNL .3 P.M. Thursday ...3 P.M. Friday ...3 P.M. Friday .3 P.M. Monday Prospectus, call area code 800- LkjdtMv 2 50 Monday Tuesday Wednesday Thursday Friday Saturday Sunday 348-4811 toll free dtfr-ing normal business hours.

Or contact your Ling Tern Vt Lltonlnd Lockheed Air LoewsCp 1.04 5 years; eyi, 3 years; 6, 1 year Notes. These are corporate promissory notes of a $100 million issue ranking as senior debt and are transferable or 28ft 27 28ft 7 ft: 55 10 ft 21ft 9 44 26 14 26ft to 24 ft 19' 16 '5ft I ft 9 7 4 55 85 10ft 149 21 112 9 51 44 5 26 66 27 29 24ft 24 19ft 11 16 44 5ft 13 I 7 55 10 21 ft 9 43ft 26 26ft 24 19 16to 5 I vyy nearest Associates Financial Services office 21 21ft 21ft ft 46 46 46 22V4 7Vi 22ft .4 .3 P.M. Tuesday .........3 P.M. Wednesday 3 P.M., Wednesday Lonestann 1 LoneSGa 1.36 LonglsLt 1.38 LwckyStri .50 LukenStl iop LVO Corp Lykas Yngst 4 1M 186 166 assignable. These Notes are Issued by 14 10 10 10 ft I XXII If 38 (a subsidiary of Associates Corporation of North America).

Or simply mail coupon below. Associates corporation or North America. Associates 30ft to 30ft ft ITT Thorp Corporation is offering $5,000,000 of Series 6 Capital Debentures -Subordinated (subordinated to prior debt. They are being sold in units of 1 00, 500 and 1 ,000 with interest payable by mail on February 1 and August 1. A Prospectus may be obtained Irom THOMAS E.

DAVIS, Manager 524 Main Street BM; lift ft 10 X33 76 141 12 115 73 38 31ft 30 11 16 34 3ft 38 30 30' il lift 18 34 13 12 48ft MackaCo JO MacyRH 1 18 ft 34 12 12 48ft 48 14ft 14 13ft ft 14 44ft -ft 31 4- ft 30 COLOR Tw dart in dvanco of abova deadlintt. Advertisers requiring copy and layout service or enaravings should advance the above dead lines by at least one day. WANT ADS (Classified) DEADLINES Daily Ixcept Saturday and Sunday 2:00 P.M. Day Before Publication Mad Fd Msg Magnvox 1.20 Marath 1.60 Marcor .80 Mar Mid 1.70 MartlnM 1.10 45 31 30to 32ft 19 7H 7ft ft (Avllabla to Miidanti ol Wiieontln) 30ft 30 31 32ft 7ft 47 474 47 ft i MAIL THIS k. rniioow 19 19 19 ft 24ft 24ft ft 23 52ft a I V'wwrwi 40 5 1 13 66 9 34 20 22 ssoctaies orporauon or worm Amenci wnw 18 14 52 4- 40 ft 33ft ft 17 19 ft 43to Vt 53 52 52 ft 24ft 24ft 26ft ft SI' 51ft 18 52 40 33ft 17 19 43to 32 WWUHI UVIIVI tVIIIW 13 40' 19 33 5 17ft 13 19ft 4 43to 81 33ft 1 700 Mishawaka Avenue, south Bind, Indiana 46624 10 I'M 9ft ft 20ft 20 20 ft 32ft ft 20 20 20 Pleas send me comolete Informition about Astociata 25 Dan River Dart Ind DaycoCp 1.14 DaytnPU 1.66 Deere Co 2 DelMnto 1.10 DettaAIr 0 DennyRst .04 DelEdis 1.40 Diam Sham I Disney Diverslnd .36 DrPeooer .40 DomeMns .80 DowChm 1.80 Dresslnd 1.40 Duke Pw 1.40 duPoflt 5g DuoLt 1.66 Dynam Am 38 124 123 123 -I 110 140ft 138' 3 Inveiimont Notes including the Proiptctus and mail application.

43 8 6 8 30 18' 18ft 11' 21 18 17 18 4 102 24ft 24 24ft 39ft 39ft ft thorp fmm CORPORATION MayDStr 1 60 Maytag 1.10a McDonD .400 McGrwH .60 Mead Corp I McivSho .80 Memorex Cp Merck 1M MGM Microdot MldSUtll 1.06 MinnMM 1 IJ MinPLt 1.30 MobllOil 2.60 Mohas 1.10 Montant I.IO Mont Pw 1.61 MorNor .80 Motoi-ola .60 MtSeTT 1.36 54- 54ft 54 ft 13 69 41 12 25 132ft 131 131 4- ft NAME. 78 78 78 31ft 31 31 ft 9 22'4 22ft 22 4- Vt 109 53' 53'4 53' Saturday and Sunday Publication up to 2:00 P.M. Friday Contract commercial classified advertising must be in by 4:30 p.m. 2 days before publication, fxcept tor Sun. In by Thursday Tues.

In bf Friday 22 22 ft 91 31 143 142 143ft 'M 22 23ft 23' 23' ft AOORESS. ITiwrpI 2 40 40 40 88 47ft 46 47 4- ft X50 29 29 29ft 33 27 27 17 ft 45 16 15 15 17 22 21 22 50 7 7ft 7ft 5 22ft 22' ft CITY. Associates Corporation of North America 62 96ft 96 96 Fatt Air Lin EeiKod I 04a Eaton 140 i EctinnMt 1231 S6' any of me 83 Trwo olkei in Wuconiio 41 "i 41 41 4l 42V 4114 NabiK4 2 JO iS1 S6'. 23 at. 4.