The Journal Times from Racine, Wisconsin • 16

RACINI JOURNAUTIMH TukUY, Juno 91l Johnson Heads State Panel Samuel C. Johnson, chairman and president of S. C. Johnson Son has been 'named chairman of the exports subcommittee of the state's Max Karl, council chairman and president of MGIC Investment also announced the appointment of 14 other subcommittee chairmen: Council for Economic Development, an 83-member advisory body to the new State Department bf Business Development. BUSINESS MIRROR Stock Market Less Sensitive Mitchell Fromstein of From-Btein Associates, communications subcommittee; Karl, department organization; John G.

Quale, president of Wisconsin Electric Power energy and power; John Kelly, president of Midland National Bank, finance; John W. Schmitt, president of. the Wisconsin AFL-CIO, human resources; H.B. Groh, president of Wisconsin Telephone In-state public rela-. tions; Warren P.

Knowlee, Interagency and legislative liaison; Robert Manegold, chairman of Wehr new U.S. industry; Daniel Parker, chairman of Parker Pen new foreign industry. James Windham, chairman and president of Pabst Brewing ports and transportation; George B. Strother, vice chancellor of the University of Wisconsin" Extension, research and development; Ben Marcus, theater, hotel and restaurant executive, small business; Robert A. Uihlein chairman and president of Jos.

Schlitz Brewing taxation; and P. Goff Beach, president of Oscar Mayer Wisconsin expansion. about Aug. 1, the restaurant will have Indoor seating for about people. Conversion of the 15-year-old Lathrop Ave.

outlet, meanwhile, is scheduled to start about July 1. When the first stage is completed by Oct 1, there will be Inside seating for 68 and a covered patio area. The patio area will be closed In next year to provide 58 more indoor seats, for a total of 128, said Richard E. Metz owner-operator. At both restaurants, It will be business as usual while reconstruction Is In progress.

Racine's two McDonald's hamburger restaurants are being converted to the new architectural style adopted by the chain early In 1970. When reconstruction is completed, the outlets here at 3037 Douglas Ave. and 2100 Lathrop Ave. will look about like the one sketched above. There will be indoor patron seating for the first time.

Work has begun at the 10-year-old Douglas Avenue unit, where the familiar golden arches have already Owner-operator Raymond Stibeck said when 'the project is completed McDonald's New Style By John Cunniff NE WYORK (AP) Having lived with turbulence for many years, the stock market has learned to discount crises, threats, forecasts and sometimes, it Is claimed, common sense and logic. At the moment, events that in the 1950s would have led to a market crisis are being filed in the folder. Most of the better known analysts remain optimistic, even though they have to dig to find the supports. Here is some of that supporting evidence: Spear Staff, Inc. finds hope in the price-earnings ratios of the blue chip companies, mainly as represented in the Dow Jones industrial average.

In the past decade or more, observes, the P-E ratio, or the number of times per share earnings at which an investor is willing to buy, has ranged from a high of 18 to a low of about 12.5. The P-E ratio recently, based on current prices, was only 15.9, "the lowest earnings multiple in over 15 months." But the stock market lives in the future. The outlook, based on estimates of future earnings, is much more attractive. 1 It foresees corporate earnings gains of 14.7 per cent over 1971, which would mean that the P-E ratio would be only 12.5 or 13 by the end of the year ff market prices remain right where they are now. Such, an extreme low is unlikely, in estimate.

More likely, it feels, is that the P-E ratio will adjust itself to the higher expectations. And such an adjustment would automatically mean higher stock prices. An illustration of the optimism that permits forecasters to see a bright future even though they must peer through a window all smeared with the graffiti of current events is provided by Wright Investors' Service. John Winthrop Wright, its spokesman, comments that "American Investors, regardless of their fears and frustration over Vietnam and despite the diversity of their political preferences, are now convinced that the American economy is well on course for a good run "The unanimously favora- ble readouts of the economic indicators, the record breaking first quarter resurgence of corporate profits, and the still accelerating momentum of fiscal and monetary policies now constitute a near irresistible force which will override transient fears And what are these "trans-lent fears?" The following possibilities, which once would have applied Irresistible downward pressure: Of a price-controlled squeeze on profit margins, the still distant postelection prospect for higher corporate taxes, and even the current shock of realizing that nonnu-clear air and sea power may just not be enough to keep Communists from occupying barracks built for American ground forces." Hornblower Weeks-Hemp-hill, Noyes, a brokerage house, believes the outlook for the market is "constructive" because of a strong underpinning of reasons, among them: Gross National Product is rising, even if inflation is wrung tut of the figures. The government' composite index of leading economic indicators is in an upswings The flow of earnings reports are decidedly favorable and are likely to continue so.

Rapid expansion of the money supply since January Indicates growth may accelerate through 1972 and well into i. Indications that the rise in the consumer price index may be decelerating. Like many individuals, the market has learned not to expect ideal conditions but to cull the good news as if it were gold, to be satisfied with a few rays of sunshine rather than a clear blue sky. Picking Winners Seldom Profitable BUSINESS umnmiuiiiiiimmnnniiiiiiiiniiiiiiiiuuiuiiun luuMMHiiunnfl Briefs By Carlton Smith MADISON-BASED Oscar Mayer Co. said it will build a multimillion-dollar hog processing plant at Wamego, Kansas, 35 miles west of Tope-ka.

The company had previously indicated plans for a Kansas plant, but hadn't announced the site. A spokesman said the new facility won't be completed for "two or three years." McGRAW-EDISON CO. said it has purchased for an undisclosed amount of cash the Securitron Corp. at Milwaukee suburban Elm Grove. Raymond H.

Giesecke, chairman of McGraw-Edison, said Securitron will be operated as a division of McGraw-Edison, providing custom-made security systems for homes and businesses and producing specialized security hardware for the do-it-yourself market. Noon N. Y. Stock Prices notes Scoreboard editor Yale Hirsch. Now that the top funds are beginning to turn in impressive performances (assuming the continuance of a bull market), some investors are sure to return to the game of "pick the winners" one played until the performance heyday of the funds came to an abrupt end in 1969.

The current list of top performers indicates how chancy a game that is. Among these top 25 funds, 20 are small, new funds, none more than three years old. That would seem to reinforce the belief of many fund-watchers that only a small fund has the agility needed to move easily and quickly into promising portfolio positions, and out of them when that's called for. So it's temptingly true that among such funds this year's potential "winners are probably to be found. 3ut how is the average investor to identify them? Fifteen of them aren't even listed In the daily newspaper quotations, not yet having the requisite number of shareholders of dollar assets to qualify1 for NASD price-listing.

You can, of course, dig them out by subscribing to one of the fund information services. But once you have the names, there's little in the way of past performance records to guide J. The fact that a fund has been a sparkler in the past three months doesn't tell you NEW YORK AP) New York Stock 22 RyderSy .26 X3 40 40 40 64 Net 22' Exchange selected noon prices; Salts (hdi.) High Low. Last Ch 39 51' -IV 16 29' -i 20 44 19 37 Vt Cont. Can ESB, Inc.

Koenrlng Lea Ent. Massey Modin Northwest. Ind. Rex Chn (2.36 pf) Rex Chn Time, Vulcan Mat Wis. El Pw Wis.

PSvc 27H TTh 17 36 35 35' .19 19 19 .,28 28 28 ..15 15 "15 J5 .25 No trad JO ..33 32' 33 No trad 44 .41 41 41 14 50 50 26 26 .23 22' 22 .16 157 ,15, yi. OsytnPL 1.66 Deer Co I Del Mnte 1.10 Delta Air .50 DennyRst .04 OtIEdii 1.40 Diam Sham 1 Dillon Disney Dlversfd Ind DrPepper .40 DomeMns .80 DowChm 1.80 Dreulnd' 1.40 Duke Pw 1.40 anything about what it's going to do in the next three months, or three years, because such funds most of them tend to bounce around Ike an India rubber ball. One that's up near the iop currently, for example it, shows a 30 per cent in share value this past quar-, ter. suffered heavy losses in 7 1969 and 1970. Let's say you, had owned (1,000 worth of this fund's shares at the end of -1968.

On this past March 31 despite a 1 fairly spectacular gain of 30 per cent in the first three months of the year they-would have been, worth A few funds have turned in high-level performances sistently over the past few years, but most of the hot ones bounce up and down too fast for the average investor to avoid getting whacked on a down bounce. Playing "pick the is seldom, profitable. I As the record shows, it's the investors who have picked a dependable fund, on the basis of past performance, and invested with regularity for long-term performance, who have on the whole been treat-" ed well. (Newspaper Enterprise Assn.) 42 15 32 44 184 2f 64 22' 51 16' 10 19 36 183 4 49 75 92 37 22 168 23 7 34 22 10 65 17 22' 101 52 88 16 2) 20 14 19 12 37 XI6 114 10 4 11 49' 44 77' 27 92' 14 37 34 22V4 27 169' 30 23 I 7 4 LearSleg .20 LehPCem .60 LehVal Ind Lehmn 1.11 Lvltz Furn LlbbOFd 2.20 LlbbMcNL LlggtMy 2.50 Llttonlnd Lockheed Air LoewsCp 1.04 LoneStarln I LoneSGa 1.36 LonglsLt 1.42 LTV Corp 112 17 15 14' 49' 77V 2V 92' 37 22 169'' 23'A 7 63' V4 duPont 5 94 119 1 DuqLt 1.66 Dynam Am 44 LuckySf An investment that appreciates 41.5 per. cent in three months may sound like one of those well-kept Wall Street secrets that get tipped only to Insiders, but it's merely a mutual fund whose shares rose that much in value during the year's first quarter.

That particular fund, it's true, is 1972's top performer thus far, but ar few others performed almost as well, and the nearly 600 funds now being publicly offered have, as group, treated investors well this year. Average gain for 598 funds in the year's first quarter was 8.8 per cent, report "Mutual Funds Scoreboard," published by the Hirsch Organization of Old Tappan, N.J. The top 25 funds on this list scored gains ranging from" 22 to 41.5 per cent, over the three-month period. "Growth funds as usual in a market upswing outpaced other funds with' an average gain bf 11 per cent," Livestock 7 MILWAUKEE (AP) Monday's cattle market closed steady; good to choice steers 32.50-36.00; good to choice heifers 30.00-34.00; good Holstein. steers standard to low good steers and heifers 29.50-31.50; dairy heifers 27.50-29.50; utility cows 27.00-28.00; tanners and cutters 23.00-27.00; commercial bulls 33.00-34.00; common 29.00-33.00.

Calves: Monday's market closed steady; choice calves 58.00-60.00; good 50.00-56.00; common 40.00-48.00; culls 40.00 and down. Hogs: market closed steady to weak; lightweight butchers 25.00-25.50; top 26.25; heavy, butchers 23.50-25.00; light sows 21.50 23.00; heavy sows 20.50-21.50; boars 21.00 and down. Lambs: Monday's, market closed steady; good to choice 26.00-30.00; common to utility 21.00-25.00; culls 14.00-19.00; ewes and bucks 3.00-5.00. Estimated receipts for Tues-. day; 1,400 cattle, 1,100 calves, 33' Vi Lukensi .45 55 LVO Corp 24 Lykes Yngst East Air Lin 89 EasKod 1.04a 53' Eaton 1.40 Echlin Mfg .10 39' 22 V4 MackeCo .30 MacyRH 1 A AbbtLb 1.10 20 74 74' 74' ACP Ind 2.40 12 45 454 4iVk Ad Mlllis .20 4 9 9 Addrcsso .40 25 42 411 42 Admiral 20 2W4 20H 20 Vt AtnaLf 1.M UM 64 4Vt Air Prod 11 49 tt'ii Airco .00 117 lit 1844 IS Vk AKjona i 9 30'.

30'. 30'. AlcanAlu .80 44 21 20' 21 A I leg Cp .20 21 II' 11 11 AllegLudlm 1 2 25' 25' 25? AllegPw 1.40 '24 21 'A 21 21' Allied Chl.20 49 31' 11 31' AllledStr 1.40 30 34 33H 13 AlllsChel 3 13' 13 13' Alcoa 1.10 59 51 50' 50' AMBAC .50 30 15 15 15 AmHess 52 53' 53' 53? Am Alrlin 344 43 42 43 'A ABrnds 2.29 40 47 47V. 47 AmBdcst 1.20 1 70' 70A 70V. Vi Am Can 2.20 75 29'4 29 29' Cyan 1.25 53 34 33 34 -1 AmEIPw 1.74 171 26 26' 26 A Horn 1.77 15 102 102 Am Hosp .27 60 44' 46 46'i A 2V7 30 29' 29 Am Motors 332 8 8' A.4aK,as 2.30 JO 36 36' 36 ASmeltR 1,20 30 20 20'4 20V V.

A'-i Stand .40 34 14 13' 14 wt 56 7' 7' 7' A i TOT 2.60 456 42? 42 47 AMF Inc 1 24 65 65' 65 AMP Inc .66 10 98 97' 98 Amp Corp 51 7 7 7 Anaconda 20 20 19' 11 39 14 30 2 44 16 42 66 15 141 32 I 44 30 112 12 17 7 15 9 14 7 63- 40 94' 50 119 22 44' 1 33' 9 55' 59 24 7 90 22 53' 182 39' X89 22 263 24' 164 20' 31 45 53 44 2 96 165 40 36 37 41 99 52 51' 3 6' 197 58' 40 67 194 71' 10 79' 15 39 48 SO 3 33' 348 25' 5 48 14 44' 5 25' 1 33 I 20' Safeway-' 1.35 StJoeM 1.50 StL SaF 2.50 StRegisP 1.60 Sanders Asso Sa Felnd 1.60 SanFelnt .30 ScherPIg .94 SCM Corp SCO A Ind .60 Scott Pap .50 SbCLIn 2.20 Searl GD 1.30 SearsR 1.40a Shell Oil 2.40 ShellTr 1.28e SherwWm 2 Signal Co .60 SingerCo 2.40 Smith KF 2 Sony Cp SCarEG 1.38 SoCalEd 1.56 South Co 1.30 SotlNGas 1.40 SouPac 2.08 South Ry 3.20 SperryR SquareD .92 Squibb 1.50 StBrands 1.66 Std Kollsman StOIICal 2.90 StOIIInd 2.39. StOIINJ 3.90e StdOilOh 2.70 Stauf Ch 1.80 SterlDrug .83 SterlDrug wi StevensJ 1.50 StudWor 1.20 SunOII lb SurvyF Swift Co .70 Systran Donn 39 29 44 41 14 31 44' 111' 17 15 14 63' 94' 117 44 33' 55 23' 89 53 39 22' 24 19 44 43 96' 39 37 98 51 6 58 66' 71 79 38 49 33' 25' 47 44 25 33 20' MadisFd .15 7 28' 123' 124 'A 45' 45' 36' 36 23 23' 17' 17 37 37 85 85 49 49 25 25 354 28' 271 124 144 46 65 37 34 23 135 18 15 37 32 85' 4 49V4 19 25'4 38 23 EIPasoNG 1 24 19'. 45 Magnvox 1.20 EltraCp 1.20 71 11 11 12 17' 17 17 3 2' 2 2' 35 16 16 16' 1479 50 46'. 49 1 41 43 43 43 I 6 6' 10 68 87 67 60 17 17' 17 37 11 11 11 81 55? 55 55 4 13 24 24 24 12 28 28 28 85 20 20' 20 411 14 13 14 19 18 18' 18 2 20 20' 20' 21 7 7 7 i 10'4 10' 10' Vt 11 15 15 15 .2 47V4 41' 41' 19 14 13 13'. 140 38 38 38'A 57 X' 30 30' 63 26 26 26 38 31 30 31 Va 78 23 22' 22' 71 48 48 48 11 40' 40? 40? 4 2090 42 40 41' IV 73 IB' 18 18 29 19'Xi 19' 19' 32 34 34 34 230 30 29 30' 47 72 71 71 6 18 18' 18 VSt 42 23 23'4 23' X51 20 20V 20' 36 152' 151' 152' 1 76' 76' 76' 5 20 20 20 158 53 S3' 53 13 44 43 43 62 54 54 544 6 30' 30 30 2 27 27 27 59 30 29 30 101 113 112 112 2 33' 33' 33' 4 20 20 20 44 4- warais i.ao Marcor .10 Mar Mid 1.70 MartlnM 1.10 96' fcmer El 1.20 Essexlnt 1.20 Ethyl Cp .84 EvanPd 39 37 MayDStr 1.60 98 51 Sales figures art unofficial.

Unless otherwise noted, rates of dividends in the foregoing tabl are annual disbursements based on the last quarterly or semi-annual declaration. Special or extra dividends or payments not designated as regular are Identified In tht following footnotes. a Also extra or extras, Annual rat plus stock dividend, Liquidating dividend, Declared or paid in 1971 plus stock dividend. -Declared or paid so far this year, Paid In stock durlnq 1971 estimated cash value on ex-dividend or ex-distribution date, Paid last yearnDeclared or paid after stock dividend or split up. Declared or paid this year, an accumulative Issue with dividends in arrears, New issue, Paid this year, dividend omitted, deferred or no action taken tit last dividend meeting Declared or paid in 1972 plus stock Dividend, Paid In stock during 1972 estimated cash value cn x-dividend or ex-.

distribution date. 1 Sales In full. eld Called, Ex dividend. Ex dividend and sales In full, x-dls Ex distribution, xr Ex rights, xw Without war- -rants, ww With warrants, wd When dls-. tributed.

wi When Issued, nd Next day delivery. vj in bankruptcy or receivership or being reorganized under the Bankruptcy Act, or securities assumed by such companies, fn Foreign Issue subject to In-leresf equalization tax. 6 58 36 12? 14 66' 39' 71' 79' 22 51 38 50 28 23 33' Falrch Cam Fair Ind .30 Fansteel Inc Fedders .50 FedNMtg .30 FedDStr 1.04 Flltrol 1.40 Firestone FstChrt 1.412 FstNCity 1.32 Fllntkot 1 FlaPow 1.74 FlaPwU FWCCp .85 FdFair FordM 2.70 ForMc Ks .84 25 Maytag 1.20 McDonD McGrwH .60 Mead Cp .60 Melv Shoe Memorex Cp Merck 1.10 MGM Microdot .40 MldSUtll 1.06 MlnnMM 1.92 Minn MM wi MlnnPLt 1.36 MobilOII 2.64 Mohas 1.10 Monsant 1.80 MontDUt 1.94 Mont Pw 1.64 MorNor .84 Motorola .60 MtFuelS 1.80 MtStaTT 1.36 36 12 141. 39' 21? 50' 28' 23 25' 58 29' 41' 33 27' 12' 66 23 21' 39 5 36 59 12' 14 14 26 39' 223 22' 59 51 33 29 56 24 48 25? 132 58' 53 30 205 41 56 33' 5 27' 7 12 101 66 12 23 43 21 20 40 31' 31' vj. 13 31 48 44 14 25 33 20' 10' 10' 3 10 141 10 25' 58 29' 41 33 27' 12V 66 23 21'- 40 10 10' 41 41 21 22 38 38 24' 24 52? 52' 1 41 22' 28 38' 41 24 Tampa EL .14 7 George Simanek Heads County Bar Association Anch Hock 1 Ancorp Apeco Cp .16 Arch Dan 1 ArmcoStl 1 Armst Ck .80 AshldOil 1.20 AsdDGd 1.25 All Richtld 2 A as Corp Avco Corp Av.iet Avon Pd 1.35 20' 54' 11 15 53' 70 61 Mi l'iiFreepMln .80 Frueht 1.70 11 179 24 61 61 17 2 2 15 15' Local Over the Counter 12' 19 15 35 12' 34 117 116 117 Quotations GAC Corp GAF Corp .40 Gam Sko 1.30 Gannett .48 Gen Dynam Nabisco 2.20 Nat Airline Nat Can .45 NatCashR .40 35 57 34 45 31 13 125 33'4 47 17 5 25 14 Tektronix Teledyne Telex Cp Tenneco 1.32 Tesoro Pet Texaco 1.66 TexETrn 1.52 TexGlflnc .60 Texaslnst .84 TexPLd Textron .90 Thiokol .40 ThrlftyDg .37 TlmesMir .52 Timken 1 .60 Todd Ship .80 Trans Air Transmra .55 GenElec 1.40 20 54 23 9 23 42 31V 46 17' 160 21 34 17 14 58 39 21 54 19' 28 35' 11 20 54' 24 10 23'.

43 31 4 46' 17' 160 6 21 34' 17 14 59 1'4 39' 21 19 '4 29 35 14 11' 1,4, Nat Distil .90 4- Nat Fuel 1.74 Bid Ask 118' 19 19' ..34 35 11 11' 26 27 20 20 Snap On Tools Sta Rite Industrie Twin Disc Versa Tech Western Publishing Wis. Power Light 242 10 65 23? 76 43 612 32' 38 46 91 17 127 167 14 21 56 34' 40 17 2 14 95 59 25 39 11 21 290 55 174 19 45 29 33 35 41 11'. 16 24? 55 17' 24 10 57 3 3A 252 78 12 30' 232 69 172 25 19 49 257 75' 176 20 110 29 52 27 30 22 4T 42 33 31' 17 77 196 48' 1 1 15 6 GEORGE SIMANEK Nat Genl .20 INatGyp 1.05 Nat Indus! i Nat Steel 2.50 i Nat Tea HlNatomas .25 NevPow 1.30 8 GenFood 1.40 GenMills .96 GenMot 3.65e (G PubUt 1.60 1.52 iGenTire lb IGenesco 1.70 GPaclf 80b iGerber 1.35 2 12 58 66 George R. Simanek was installed Monday night as presU dent of the Racine County Bar Association, succeeding Robert P. Goodman.

Also taking office during the association's annual membership, meeting at the Racine Motor Inn were Robert W. Weber, president-elect; Gerald Crawford and Dexter D. Black, new members of the Investment Funds Quotations Bid I 8 46 57' 57' 44 45 13' i 13 33 33' 17 17 25 25' 24 24 17 17' 6' 6' 42 42. 12' 12' 64 66' 32 32 21' 21 24' 24 28' 29' 15 15 14' 14 73' 73 57 57 31 32 44 44 25 25 24 24 47 47 42' 43 33 33' 68 68' TnCon 2.29e TRW Inc 1 Twenl Cent 32 21'. 24 29? 15 Affiliated Fund 7.23 43 28'i x34 28's 16 44 5'4 29 23'i 66 39 43 XJ1 44'.

92 5't 73 31'i 34 17't 43 21 298 13 30 29 14 35 27 63 77 13'j 100 51 29 28 1 18 16 9 14 78 I2'4 40 34 11 44 72 IB4'' 27 27 27 28 44' 44 58 5 23 23' 66 66 '43 44' 44' 5 5 30 31 17 17 21' 21' 13' 13 28'. 29 35 35 63' 63' 13 13' 51 51 27 28 16 16 13 13' 12'. 12 34 34 46' 46 184'. 184 10 21 38 30' 25 49' 75 20 29' 27 22 42 31 7714 47' II 20 25 29 26' 38 18 26' 11' 23 18 13 24 18 40 14 10 21 38 78 30 6' 25 49' 74 20 29 27' 21' 47 31 77 47 II SO' 25' 29 26 38 18 25 11 23' 18 13 24 18 40 14' BabckW .55 Ba't GE 1.89 BeaiFds 1.16 man BeechAr Bel. How .63 Bsnd'x 1.60 BeneflCp 1.10 Bonguet Beth Stl 1.20 Block HR .24 Boeing Co .40 BoisCas Borden 1.20 BorgWar 1.25 BristMy 1.20 Bril Pet .45 Brunswck .16 Bucy Er 1.20 Budd Co BulovaW .60 Bunkr Ramo Burl Ind 1.40 BorlNor 1.50 Burrghs .64 98 38 Audax Fund 13 34 Century Shares Trust .15.06 11 20 26 68 75 14 dull board of governors; and Edward J.

Kilmurry; who continues as secretary-tieasurer. 1 4. '14 rioemy r-una 17.62 Investors Mutual 10 74 Investors Stock 21 87 InvKtnr. VarlAhl Dan a rr Ask 7.82 14.50 14.46 19.26 11.68 23.78 10.40 16.52 14.31 23.85 11.32 7.47 Newbrry EngEI 1.62 Newmnt 1.04 NiagMP 1.10 NL Ind 1 Norfolk 5 Norrisln 1.04 NoAmRk 1.60 NoNGas 2.60 NoStaPw 1.70 Northrop .1 Nwst Alrt .45 NwtBanc 1.40 Norton 1.50 NortSim 1.371 14 V. 'v 1 '4 Gettyo l.l 7e Gillette 1.40 GlenAld Global Marin Goodrich 1 Goody .88 Grace 1.50 Grant 1.50 .80 GtWnFIn .15 GtWn Unit GreenGiant 1 Greyhd 1.04 Grumm Gull Oil 1.50 16 73 2 57 234 32' 5 44'4 23 25 30 24V.

X160 48' 26 43 3 33V 25 68' Massachusetts Growth 15.12 Massachusetts Inv. Tr. 13.09 Newton Fund ii.jj SdlnrtlkH Am ChArjM 1.U 120 25 144 30 47 26 33 38 10 18? 150 26 13 11' 9 23 140 18' 37 13' 832 24 13 18 58 40 64 14 hogs, 100 sheep. Wisconsin Fund 4 84 UAL Inc UMC Ind .75 Un Carbide 2 UnElec 1.28 UnOilCal 1.60 Un Pac Cp 2 Uniroyal .70 Unit Air 1.80 Unit Brands UnitCp Unit MM 1.30 US Gyps 1.50 US Indust .62 US Smelt 1 US Steel 1.60 UnivOil Pd UnivCpg .871 Uplosn 1.60 354 45 44 8 24 24 126 50 49 65 17 17 128 29 29' 107 54 53 45 17 17 79 40 39' 61 14 14 14 9' 9 3 24 24 32 28' 27 60 24 24' 8 29 28 70 30' 30' 222 23' 22 90 21 21' 195 98 96 45 24 49 17 29' 54' 17' 39' 14 9' 24 V. 24 29 30 23 21' 96 2 V.

rS. OccldP '4iOhioEdl 1.54 GlfStUtil 1.04 'VGulfWn GlfWnlnd wt 11 DISPLAY ADVERTISING DEADLINES 12 10' 11 7 56 42 12 28 11 26 1 48' 77 21 17 17' 4 10 10 7 7 41' 42 28 28 26 26 48 48 20? 21 17'4 17 55' 55' money market Presented at a public service by Cadence Ind Cal Finanl CampRLk .45 Camp Sp 1.10 Caro PLt 1.46 CarrierCp .60 CartWal CastleCke .60 CaterTr 1.40 -CeianeseCp- 2 154 11' 17 21' 7 25 6 17' 17 17 14 12 40 39 10 57 11 50 83 47 11 11' 21 21' 24 24 17 17 16 12 12' 38? 39' 57 57 50' 50V -47-47'- Ukia Ge 1.28 OklaNGs 1.24 Olln Corp .88 Omarkln Otis Elev 2 Outbd Mar 1 OwenCng .78 Owen HI 1.40 Halliburt 1.05 Harris Int 1 HeclaM Hercule 1.21 Heublein .86 If Your Ad Is to Run Complete Copy Must Be in By 1 Si! 15 15 15 58 55 Varian Assoc VendoCo VaEIPw 1.12 19 8 149 47 17 17 56 56- 17 17 17 Union Savings Loan Association. Cenco Ins .30 69 52 51 51 95 54 16 63 59 6 36? 29 54 28'. 150' 52 45 15 27 96 39 55'4 25.. 16 IS 63 73 60 37 69 6 37'4 31 30 62 54 22 29 63 153' 23 52' 17 45 1 15' 96 55 16 63 60' 4 69 37 30' 54 29' 151 52' 45 15? Pack .20 HoernWel .97 I Hoff Electrn .27 W-X-Y-Z -HlPecGsEI 1.72 Homestke .40 Honywll 1.30 lutlPacPetrol .40 28' 21' 24' 24' 34 34 22 22 17 17' 4.25 3.95 4.02 4Vi 5 37' 89 22 40 30 66 50' 48 37 88' 22 40 30' 65 49 47 371 89 22 40 30' 65 -f 50' Vj 48 Banker Acceptances U.S.

Treasury Bills Federal Agencies Bank Passbook Rate Union Savings Passbook 12 13 1.70 iHousLP 1.36 Howme1 .70 Hi vi. 16V4 16' 33 mrwL 1.44 PaeTlT 1.20 PanAm Sul PanAm WAIr Panh EP 1.80 Penn Cent PennDix .12 Pennev 1 04 33 4 4' 9 a 8 6 9 7 46 2 134 40 141 165 63 X468 1 1 9 334 63 17 100 349 X20 Wachov Cp WarLam 1.30 WashWP 1.40 WnAir Lin Wn Banc 1.30 WnUnion 1.40 WestgEI .94 Weyerhs .80 WhlbFry Whlrlpl 1.65 Whirlpool wi White Motor Whittaker Williams Co WinnDx 1.74 Woolwth 1.20 Xerox Cp .84 Zale Corp .64 Zenith 1.40 I 115 115 115 10 34 38 38 38 1 60 IdalwPw 1.70 Ideal Bas .70 III Cent 1.18 Imprl Cp Am INA Cp. 1.40a IngerRd 2.08 Inland Stl 2 42 '4 14 14 i'. 58 31' 31' 22 22'. 4)'.

4k 6 6 31'. 31 48 48 35'4 35' 58 58'. 31 32'. 130'. 130 68 68' 16 16 20 30 51 51 29'.

30 68 69'. 22' 22 34 34 65 65 24' 24' 37? 38' 28' 28 28 26'. 24 25' -1 I. Vl 20 28 9 24 19 34 42 22' 23 17' 33 13 513 16 17 33' 52 4 13 9 67 80' 12 119 20 12 14' 4 138 41 36 36 26 22 149 98 138 28'. 85 23 191 136 5 21 70 47 70 99'.

209 19 122 23 17 5 97 7 29 26 42'4 X35 I4'4 .4 II 31 75 23 2 54 34 48'? 15 6 206 31 27 48 81 35' 1 27 58'. 47 32'. 37 1 30' 27 68 7 16 18 30 35 52 54 30 151 69'. 5 22'. 34 34' 4 64 66'.

65 24 X44 38' 27 28'. 31 29 137 25' 55 27 27 45 62 26'. 95 19 546 71 1 23 21 21 21 9 9 9 48' 46 48 Vj 57 57' 57 36 36 36 154' 153 154 1 44 44 44 45 43 4iii 4- Pennzoil .80 PepsiCo 1 Pfuer Phe.ps 2.10 2 Ipnila El 1.64 PhllMorr 1.24 Phill Pet 1.30 'PltnyB .68 30 14' 34 13', 52' 69 35 391 33 18' 34 3' 58'1 33 65 Union Savings Golden Passbook Rate 5'4 Union Savings Certificates up to 6 Depending on Deposit Plan Evn greater with doily interest compounded doily. BRING YOUR SAVINGS TO UNION SAVINGS ONE OF WISCONSIN'S STRONGEST SAVINGS ASSOCIATIONS. IV.

13 52' 69 35 396' 34 18 34 38 51 33 21 66 79 80 24 24 20 20 84 84 40' 41 22" 22 97 98 28 28 2 23 133 136 21 21 46' 47 98 19' 19 23 23 5 5' 4 Copyrighted by The Associated Press 1972 C-iSoWt 7.08 CerroCp .60 C. ..0 CssnaAir .70 Champlnt .84 ChiPneuT 2 Chris Craft. Chrysler 1 CIT Finl 2 CitiesSvc 2 20 Clark Eq 1.40 ClevHIIII 2.8 CocaCol 1.64 Coig Pal 1.46 Collins Red Cololntst 1.60 CBS 1.40b ColuGas 1.82 CmbEn 1.45 ComlSolv .40 ComwEd 2.20 Comsat .56 Con Edis 1.80 Con Fds 1.25 ConNatG 1.95 Cons Power 2 Cont Air Lin Cont Can 1.60 Contl Corp 2b Cont Oil 1.50 Cont Tel .84 Control Data Coooer tn CorGIW 2.50a Cowies Com Cox Bdcst .30 CPC Intl 1.70 rouse Hinds CrowColl .527 Crown Cork CrwnZell 4.20 CurtissWrt 3 Monday 3 P.M. Thursday Tuesday 3 P.M. Friday Wednesday 3 P.M.

Friday Thursday 3 P.M. Monday Friday 3 P.M. Tuesday Saturday 3 P.M. Wednesday Sunday 3 P.M. Wednesday COLOR Two day in Jvonc et obov dtMdlin.

Advertisers requiring copy and layout service or engravings should advance the above dead lines oy at least one day. WANT ADS (Classified) DEADLINES Daily Except Saturday and Sunday 2:00 P.M. Day Before Publication 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 for Sun.

by Thursday Moil; Tues. in by Friday 15 30'. 18 16 6 34 189 13'. 24 52 28 69' 4 8 35 133 396' 126 34'. X37 lj 50 3 II 31'4 141 58 42 34'.

4 21 405 67 J-K 75 53' 40 34 99 124' 13 505 1 17' 18 32 39 61 14 22 6 23 polaroid .32 PortGEI 1.42 PPG Ind 1.46 ProctGm 1 50 PubSCol 1.12 V. 2 V. Lwal Interest iCxuitsvN)i Racine Office, AMKliall Company, Inc.) Net Hioh Low Last Chg Ametek 18 19 9 9 29 Vj 64 40 40'J 40' Q-R IP SvEG 1.72 IPublklnd u' Pueblo In jPugSPLt 1.84 1'V Pullman 2 ....1 .50 RalstonP .70 I Ranco Inc .92 Raytheon .60 RCA 1 27 27 45' 45 26 26 19 19 69' 71 23 23 243 243 10 10 44 44 IBM 5.40 Inl Harv 1.40 a. IntMinCh .32 Int Nickel 1 i.dnt Pap 1.50 1.19 lowBeet 1.48t 1.44 Corp v. Jewel Co 1 60 jjohnMan 120 jjohnjoh V4.jonLogn .80 le Ijostens .73 Joy Mfg 1.40 iKaisAlum .50 1 KanGsEI 1.48 KanPLt 1.43 Katy Ind jKayserRo .60 1 KerrMcG .60 120 iknightN Koppers 1.60 1.77 KresqeSS Kroger l.X 'far 19 11 20 7 39 35 26 13 38 174 36" 5 10 53 44 29 32 DOWNT0WM IAC1HI COUHH AVENUE AT BfTH SKB 53' 1 34 123 50 17 37 60'.

22 23 24 12 16 21 52 32 51 34' 43 121 24 53' 34', 123 50 17 32 61 22? 73 24' 4 12 18 21 53' 32 51. 43' 122 24'. 24 12 18 26 29 19' 42 10' 32 32' 19 19 10 10' 23 23 xll 14 11 23 357 22 13 23' 19 19 39 39 25 25 38' 38'1 36'. 36' 26 26' 14 14 23' 23' 73 73 70' 71 II 18' 5 15 16 37 37 36 37- Rdg Bate .25 Reich Ch .20 RepubStl I Revlon 1 -Reyn Ind 2.50 ReynMet .40 7 73 XS13 30 978 40 40 84 71 16 52 16 171 53' 87 33 6 51 2 34 15 43 HO 123 37 25 5 RoanSel .54 Rohr Ind .80 1 RoyCCola .56 Royl 2 20 Dan River DartJnd DayJiCp 1.14 1 8 11 55 5 19-4 8 55-'55 19' 7 19 22 16', 6 53 37.