The Los Angeles Times from Los Angeles, California • 70

2 Part VSunday March 27 1983 iZo6 Aug lee drimes 7umanonestwAnipourAmme MONO 01111IM NMPM MMPEP ONOP 01111 OM OWES NE MM ON MMINO OMMUNP MIIMMIOnS 11 MNIN UM On ME Mb Mb MP ammo mmomen mt Ems 10 ono I Dow Jones 30 Industrials AFRICA: US Investments Rise 6111 Weekly: Weekly Weekly NYSE High 1 114590 Change: Volume: Close 114009 2235 41642 Million Shares Low 112235 GRAND OPENING SALE 11111111111111111 includes 2 Disc Drives (320KEA) Drive Controller Color graphics card (monitor shown not Included) IP filis5WIVisiVe' I t't rat 1 f34z a 2498 '2498 Continued from First Page the employment of blacks However the same leaders add American firms all too often still yield to South African laws which limit wages and the upward mobility of blacks For example South African law prohibits blacks from being supervisors of white employees Referring to "activists back home who are pressuring state governments pension funds and universities to sell their stocks in companies with interests in South Africa" Nickel asked: "Just how is this supposed to benefit the black people of South Africa?" According to Stephen Commings assistant to the director of the African Studies Center at UCLA many South African blacks who encourage such movements say they are willing to suffer short-term economic hardships that American divestment could bring for the long-range goal of changing the nation's racial policies "Many black leaders including the South African I ALL FOR ONLY AST Combo Plus 256K 1499 EPSON FX-80 499 JRAM-512K 699 BROTHER HR-1 6749 SUPERCALC 199 PRINCION COL MONITOR1499 JPORMAT $49 COMPLISHACK OF SFV (213) 906-7000 17139 Ventura Blvd Encino 4 11150 1140 30 1 ei 120 io 90 80 70 1 60 11050 111EmmIc 11 I 1 4- 4 4 01 TAX: Easing Bite 1 Council of Churches believe the only way to undermine the strength of the South African government and in turn undermine apartheid is to scale back foreign investment" says Commings Despite the present favorable climate for American investment due to the "Reagan umbrella" and the recent lifting of restrictions by the South African government on repatriation of profits by foreign firms some American companies continue to hedge on their commitment here "There is still the political risk" a prominent American banker said In mid-1982 General Electric Co was ready to make the biggest American investment in South Africa in years Through a subsidiary Southern Sphere Mining and in partnership with the South African mining company Gencor GE planned to develop at a cost of $138 million an anthracite coal mine in Kwazulu a black tribal homeland on the Indian Ocean north of Durban However GE while retaining its other investments here decided to sell its prospecting rights to Gencor for $137 million and to withdraw from the venture The reason for the change in plans according to a company executive was that the market for coal was becoming depressed But political observers believe that another reason was a reluctance to give the appearance of tacitly approving the tribal homeland concept The South African government has established Kwazulu and other homelands and given citizenship in them to the country's overwhelming black majority even though many of the blacks live in urban areas and have no ties to their historical tribal areas By making the blacks citizens of the homelands the South African government has denied them South African citizenship removing the vast majority of the nation's people from a stake in the political process Chrysler Corp and Firestone Tire Rubber Co are two other American companies that have reduced their holdings in South Africa although in both cases the reason appeared to be an economic decision Chrysler recently sold its 25 stake in Sigma Motor Corp controlled by the giant South African-owned Anglo-American conglomerate for $165 million Sigma competing in South Africa's overcrowded automobile industry lost $55 million in 1982 Eighteen months ago Firestone sold 75 of its subsidiary tire-making company in Port Elizabeth to South African interests American banks have been among the main targets of the divestment effort which began in the United States four years ago Please see AFRICA Page 3 1 40 30 20 10 1000 i 1 1 90 Are you worth 9000)000 You can be Halpern Be Insurance Monthly rates male non-smoker: Age $1 million $500000 $250000 $100000 30 7800 41 60 21 88 11 10 40 94 47 51 13 27 30 13 52 50 16380 87 54 4680 21 75 60 43247 222 29 114 40 49 66 Yearly Renewable Term policies Insurance to age 80 Company Issue ages 21-64 Female rates are lower For the best cell or write: Larry Halpern or Mort Bellet PO Box 1305 Woodland Hills CA 91364 (213) 981-5555 Name Address Phone Date of Birth Face Amount Desired Non Smoker Male Female myTHE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK 1140 BROADWAY NEW YORK NEW YORK 70019 1 I 80 I 1 1 1 1 1 I -1-- -4 it I I 21011217122'41123'11 117 121111215122S! 34 13111318'1325) 41 Continued from First Page The obvious from the income tax that the money is not given away irrevocably and the loan can be made and recalled at any time On the down side there may be some question whether a loan signed by a child is enforceable or will be recognized by the IRS Furthermore according to state law loans turn into gifts if they're not demanded back within a certain number of years Many people are also warned by their advisers that Crown loans are "questionable" and that "the IRS doesn't like them" In fact the only thing the IRS doesn't like is that so far they haven't been able to pin down some taxable element in the that is from the interest income the child earns Now the IRS is arguing with some success that the interest the parent foregoes is certainly a gift and therefore subject to gift tax This dispute will soon go before the US Supreme Court In any case says Los Angeles tax attorney Robert Johnson the loan itself isn't in dispute "only the gift tax liability And if only small amounts of money are involved they'll fall within the amount that one can give away tax-free" US 01 Cs Electronic Postal Meters ROCKAWAY NJ DJ Cahill president of Rockaway Corp said that the US Postal Service had approved for manufacture and distribution a new line of IMS -Hasler microprocessor-controlled electronic postal meters The electronic meters will be distributed in the United States by Rockaway's affiliate International Mailing Systems located in Shelton Conn which currently markets the 'MS-Hasler line of mechanical postal meters and bases throughout the United States and Canada Rockaway said rointh Outlook FRANCHISE BUSINESS OPPORTUNITY SHOW At last a major group of National Franchise Companies TOGETHER FOR THE FIRST TIME! Come and join one of the most powerful business opportunities shows packed with up-to-the-minute information on a 400 billion dollar franchise industry FREE AND OPEN TO THE PUBLIC I AND A TALE OF NINE DWARFS Plans Becoming Standard Far from being rare and suspect such income diversion plans have in the past few years become fairly standard among both tax preparers and taxpayers Ernst Whinney's Sedgwick for one questions "every one of my clients about relatives they may support They don't have to be very rich: they just have to have enough income to be paying taxes at high brackets" They must also have the spare money or other assets) to set aside although some people borrow calculating of course whether the tax money saved will exceed the loan money owed There are also more go-go example setting up a kid's trust or interest-free loan then borrowing back the money from it and seizing a second tax advantage by paying the kids tax-deductible are sure to invite some scrutiny As for the average parent's greatest up control over the principal or income or a natural worry but "not a real problem" says a California psychologist who gave his college daughter an interest free loan "We all talked in detail about the mutual responsibility and my daughter understands the reasoning behind this blending of the money she earns by work this unearned income and the money we give her Sure she could say 'Screw you guys' But there you're talking about a different kind of trust" There is always of course the possibility of a later day when parents would rather "have the money and the decisions in their own hands as parents and be sorry they took care of the taxes instead" says Johnson "So you really have to focus on the relationship between you and the child as well as the tax consequences" RECOMMENDED Price Gain Date Price(1) 3-21-83 Loss COMPANY NEW YORK STOCK EXCHANGE 1 116 45 14 12 38 13 12 1 516 36 12 15 36 14 15 34 25 14 4 58 136 34 31 14 45 34 23 34 38 12 12 78 40 14 45 14 13 12 36 12 36 14 25 14 36 34 45 34 38 12 40 14 1 4:: ii C5 March 28 Hyatt Hotel Noon-MO Telegraph Rd pm City of Commerce March 29 Ambassador Hotel Noon-MO Wilshire Blvd 9:00 pm Los Angeles CA March 30 Holiday inn Noon180 Angeleno 9:00 pm Burbank CA March 31 Holiday inn Noon2640 Lakewood Blvd 9:00 pm Long Beach CA Franchise package range $500004175000 4159 9 2681 142 60 2857 46 62 213 30 18 436 29 58 2270 49 12 300 43 58 214 39 12 1049 16 34 262 23 14 403 14 34 281 27 18 95 25 1233 64 38 352 26 34 5250 40 78 1068 31 58 1232 30 2426 25 34 87 60 58 395 22 34 100 42 14 256 44 14 2732 50 953 19 660 25 14 113 84 60 36 58 7225 30 18 14 5 -51 26 38 359 26 38 503 25 78 491 21 12 139 31 78 571 Ames Department Stores 11 4-66 Anderson Greenwood 9 3-82 Automatic Data Proces 9-10-66 Bard 3-27-74 Barry Wright 7-22-80 Capital Cities Commun 3 5-65 Carnation Co 7 6-82 Centel Corp 7-10-73 Conwood Corp 6-13-78 Cullinet Software 8-12-80 Eckerd Jack 9-10-66 Fort Howard Paper 7-10-73 (2)Genuine Parts 1 6-76 Harland John 10-29-70 Helmerich Payne 1-16-75 (3)Jostens 9-12-73 Kaneb Services 11-24-70 Kellogg 7-10-73 Keystone International 12-26-73 (2)Lilly Eli 10-29-75 Limited The 4-12-72 Longs Drug Stores 10-21-66 Luby's Cafeterias 12-22-75 Masco Corp 1-22-65 Pacific Scientific 12 9-81 (2)Philip Morris 4-30-70 Prime Motor inns 12 9-81 Republic New York Corp 10-10-73 (12)Revco Drug Stores 11 9-66 (2)Reynolds (RJ) Industries 10 5-66 Sabine Corp 2-12-75 Safeguard Business Sys 4-22-80 Smucker JM 9 3-82 Texas Oil Gas 6-10-65 Thompson Medical 2-10-83 Unit Drilling and Expl 11-14-79 (2)United Energy Resources 5-11-76 Tobacco 7-10-73 (4)Wallace Computer Serv 1-28-75 Woods Petroleum 9-21-76 Zero Corp 12-26-78 1 14 12 38 13 78 3 716 4 58 4 58 3 78 13 78 1 78 14 14 12 3 12 2 38 1 316 13 34 12 14 11 38 11 78 1 916 4 34 2 12 11 78 52 12 12 26 12 10 14 5 34 4 38 4 38 9 4 38 1 Interesting Interest Unparalleled Performance IF YOU are seriously interested in building your capital GROWTH STOCK OUTLOOK may be a useful investment tool Our service is designed for brokers institutions and sophisticated private investors who recognize the risks and possible rewards of investing in vigorously growing companies with expanding earnings Our concise fast-reading reports pinpoint certain little-known issues on the New York Stock Exchange the American Stock Exchange and Over-the-Counter listings We look for companies in the incubation stage rather than trying to catch highfliers on the wing 30 Reports a year GROWTH STOCK OUTLOOK is mailed twice a month We also mail a new listing whenever a company meets our qualifications Subscribers receive at least 30 reports a year We don't try to tell you where the stock market is headed You will not be burdened with "which-way-will-the-frog-jump" nonsense Hulbert Financial Digest which rates the leading investment services reports in their March 1983 issue that GROWTH STOCK OUTLOOK is the only service which outperformed all the averages from 1980 Our weekly telephone hot line (for annual subscribers only) keeps you updated on late-breaking investment news Our model portfolio established in June 1973 is up 453 to March 15 1983 Available on request is a list of all companies delisted from this service since inception in 1965 Only $95 a year Our service presently covers 103 companies They are listed for information only We make no guarantees no veiled promises of instant performance IT SHOULD NOT BE ASSUMED THAT FUTURE RECOMMENDATIONS WILL BE PROFITABLE OR WILL EQUAL THE PERFORMANCE OF PRESENT OR PAST LISTINGS Subscription is only $95 per year (tax deductible) or $40 for three months Just fill in the coupon below mail it with your check and your service will begin immediately As a bonus for full-year subscribers we include 10 back reports Oh about those dwarfs A look at our current list proves we're not perfect Nine of our stocks are now growing backwards AMERICAN STOCK EXCHANGE Current Interest Rates Terms: I to 10 Years 8 9-77 4 78 19 34 8 7-79 4 38 29 38 4-27-77 9 516 26 38 12 9-81 17 14 2 78 9 3-82 17 16 38 10-24-73 2 34 17 58 12 9-81 22 38 14 14 2-23-83 17 58 24 14 5-22-79 4 58 17 12 9 3-82 19 14 35 12 6 7-77 4 1516 37 38 12 6-77 2 14 14 78 7-28-82 7 34 15 12 305 571 183 -83 -4 541 -36 38 278 84 657 561 100 Acme United (13)Bolar Pharmaceutical Cross A EnerServ Products Hipotronics Hunt Manufacturing Intertec Data Systems (5)LaMaur Inc Luria Son Matrix Corp Pall Corp Postal instant Press Telephone Data Sys CHARLES ALLMON founded Growth Stock Outlook in 1965 when the DJIA was near its all-time high A graduate of Purdue University at age 20 he served for many years as an editor at National Geographic He has traveled in more than 60 countries and his photographs and articles sparkle from ten National Geographic stories The Finance Club of Harvard Business School has hosted him twice So has the Wharton School University of Pennsylvania and the Yale Economic Forum Allmon has appeared twice as a special guest on "Wall Street Week" The National Association of Investment Clubs honored Allmon with its "Distinguished Service Award" for his outstanding contribution to investment education The Wall Street Journal Barron's Forbes The New York Times Money Changing Times Financial World and many others have published feature articles on the editor of Growth Stock Outlook Over the past two years Charles Allmon has been heard on scores of radio programs across the United States by an estimated 10000000 people His firm Growth Stock Outlook Inc currently manages more than $15000000 for pension funds and private accounts 2' 14 12 In addition to the rates shown above investors receive all prepayment charges paid by borrowers on early pay-offs in accordance with state law OVER-THE-COUNTER (Bid price only) Minimum Initial Investment: $10000 1 12 21 12 40 54 3 1516 13 18 6 12 21 30 38 43 27 58 5 34 33 14 38 14 11 15 12 22 14 17 18 38 24 14 30 12 46 14 51 14 69 4 38 8 12 2 14 19 34 13 6 18 1 716 17 14 4 5 34 932 25 34 4 58 8 14 6 12 30 38 27 58 33 14 11 22 14 18 38 30 12 51 14 4 38 2 14 13 1 716 4 932 4 58 17 5 25 8 If you're interested in investing not speculating consider the actual track record of annual yields at Reliable Mortgage Corporation We've been delivering a strong dependable annual return to our investors with no over 35 years Longer than any other major firm No mystery no magic formulas Just a solid tradition of peace of mind performance that's made us the oldest major trust deed investment firm in California 1333 35 233 223 42 -79 15 41 -24 32 52 35 94 778 -53 1100 44 9056 78 264 28 116 2117 543 292 72 106 59 129 107 258 2517 276 1067 -67 743 964 390 34 275 371 64 105 -48 22 69 191 109 1614 A 4 22 69 191 109 1614 Aceto Chemical 6-10-70 (6)AlaTenn Resources 12 9-81 (7)American Income Life 2-20-79 (8)American Pad Paper 7-12-77 Bacardi Corp 4-22-80 Barton Valve 12 9-81 Bassett Walker 2-23-83 BIW Cable Systems 12 9-81 C-Cor Electronics 9 3-82 Citizens Utilities 'B' 7-10-73 (9)Clark JL Mfg 4 8-81 Commerce Clearing House 9 3-82 Computer Entry Systems 12 9-81 Crawford Co 5-27-75 Dawson Geophysical 12 9-81 Durr-Fillauer Medical 5 6-75 EIL Instruments 12 9-81 Food Town Stores 9 9-71 Gibson 4-25-78 Gibson-Homans 6-15-72 Gray Commun Sys 7-22-80 Laidlaw Industries 9 3-82 Lawson Products 10-15-70 Lit' Champ Food Stores 3-12-74 Lin Broadcasting 5-22-79 Moore Products 6-28-79 Noxell Corp 3-10-81 Nuclear Support Serv 11-15-82 Pandick Press 9 3-82 Pansophic Systems 9 3-82 (10)Pay 'N Pak Stores 6-21-77 Pic in' Save 5-11-72 Plenum Publishing 1-24-79 RPM Inc 1-13-71 Sage Drilling 12 9-81 ServiceMaster Ind 10-12-76 Shared Medical Sys 10-26-76 Sigma-Aldrich 7-25-73 (11)Standard Register 11-15-82 Stryker Corp 7 8-80 Sykes Datatronics 11-14-79 Tennant Co 1-16-75 TSI inc 7 6-82 Tucker Drilling 4 8-81 Vallen 7 6-82 WO-40 7 6-82 Wiser Oil 6-24-75 Woodhead Daniel 3-29-77 Worthington Industries 7-24-74 6-28-79 3-10-81 11-15-82 9 3-82 9 3-82 6-2 1-7 7 5-11-72 1-24-79 1-13-71 12 9-81 10-12-76 10-26-76 7-25-73 1 1-1 5-82 7 8-80 11-14-79 1-16-75 7 6-82 4 8-81 7 6-82 7 6-82 6-24-75 3-2 9-7 7 7-24-74 I KVOIS 4 8-81 7 6-82 7 6-82 3-29-77 4 18 34 12 9 12 1 12 3 12 9 58 18 12 14 38 8 12 12 34 11 14 6 12 1 12 10 38 1 12 11 12 5 34 3 132 8 38 62 7 78 1 34 11 14 9 34 16 14 11 14 37 14 5 12 5 12 1 516 7 16 14 11 14 37 14 5 12 5 12 1 516 LAT 12 14 12 34 34 58 12 14 14 14 14 GROWTH STOCK CUTLOOK 4405 East-West Highway Bethesda Maryland 20814 USA 0 One Year 895 0 Three Month $40 0 Foreign $135 15 44 20 33 22 37 31 29 13 29 23 23 39 39 17 3 48 32 41 83 29 8 18 20 8 13 63 16 11 22 4GV 8 13 63 16 11 22 12 34 12 14 0 Individual corporate and Savings Loan funds are invested at Reliable as well as funds from trusts pension and profit sharing plans and IRAKeogh plan retirement accounts Your interest starts on the date of deposit of funds in Reliable's Escrow Trust Account and is payable monthly by the borrower Your funds are secured by second trust deeds on California real estate with the title insured and recorded in your name As always we handle all of the details at no monthly charge We send you your checks and a computerized monthly statement of your investment activity To begin investing we suggest a visit to our office after which all transactions can be handled by phone and mail if you wish Name Address City State Zip 12 14 12 This subscription may not be assigned without subscriber's consent El 1 (6)2 for 1 split to be voted May 2 (7)100 stock payable Apr 20 (8)Adjusted for 2 for 1 split voted Mar 17 (9)2 for 1 split payable Apr 13 (10)3 for 2 split payable Apr 28 (11)3 for 1 split proposed (12)Acquired previously recommended company 3 for 2 split payable late April (13)Adjusted for 5'0 stock paid Mar 21 38 STOCK LIST FOOTNOTES 34 (1)Adjusted for all stock splits andor stock dividends All merger prices and subse6-24-75 (went highs are adjusted and relative 12 (2)Acquired previously recommended com7-24-74 12 pany (3)May be selling out 4)Adjusted for 2 for 1 split voted Mar 15 5)3 for 2 split payable May 17 COMPANIES DELISTED 1980-1983 Recommended High Since Delisted I Re RELIABLE MORTGAGE CORPORATION Unparalleled Performance Since 1948 California's Oldest Major Trust Deed Brokerage Firm Los Angeles Tollfree in California 213-666-2525 1-800-252-8222 Recommended Delisted High Since Date Price Recomm Date Price 11 Offer open to California residents only ml ME ml ME ME 1 lift--4- me Offer open to California residents only ml ME i Reliable ri me Er 16701 I ttitiilt I 110 Mortgage Corporation-Investment Dept 1 3660 Wilshire Boulevard Los Angeles 90010 II 41 Please send free brochure "Some Questions and 61 Answers About Investing In Trust I 11011 litilMV I if ffol 14 Name I iromm4-1--11 Street Emmlupp Street 11 A I I I COMPANY Date Price Recomm Date Price Revlon 10-10-73 30 58 59 12-14-81 30 1 Su Hair 2-27-74 3 35 58 2 1-82 13 3 Crown Cork Seal 6-27-73 21 58 37 3-31-82 26 Carolina Energies 3 5-65 2 58 28 4-30-82 28 Dome Petroleum 12 7-76 1 34 21 14 6 1-82 6 3 Pacesetter Corp 3 9-76 2 78 20 12 6-29-82 8 1 Tymshare 11-12-75 6 12 57 34 6-29-82 15 5 Circle Corp 8-19-66 1 78 20 8-16-82 11 5 Heck's 8 4-67 1 14 13 78 9-10-82 10 5 Interco 3 1-73 17 58 57 14 9-10-82 43 1 Robbins Myers 3-10-81 39 12 48 12 9-10-82 11 1 CGA Computer 7-22-80 6 58 17 11-30-82 8 3 Evans-Aristocrat Ind 12-29-76 4 12 18 14 12-31-82 18 1 Brenco 1-22-65 1 14 25 1-30-83 9 3 Varco International 3-23-76 3 12 36 2-25-83 5 5 Cetus 12 9-81 13 34 16 14 2-25-83 15 1 Gelco Corp 11-11-70 7 38 37 3-21-83 20 30 13 26 28 6 8 15 11 10 43 11 8 18 9 5 15 20 COMPANY Gifford Instrument Lab Fleetwood Enterprises Furr's Cafeterias American Family Hickory Farms Ohio Jamesbury Corp APS Inc Regal-Beloit Heist Brooks Fashion Stores Save-Way Industries Preway Retirement Living Coca-Cola Carpenter Paper General Automotive Anthem Electronics NCH Corp 10 12 1 78 11 8 8 38 8 78 6 58 5 58 4 18 6 38 9 14 7 58 10 38 16 12 15 28 14 12 4 12 38 38 12 58 58 58 12 12 34 14 34 58 18 6-21-77 11-22-67 8-25-71 11 9-76 6-22-76 2 2-77 7-2 2-7 5 4 9-75 11-23-76 1 6-76 8 7-79 4-2 5-7 8 7-22-80 12-13-72 7 8-80 4-12-72 8-12-80 12 8-66 20 18 49 12 28 15 58 20 24 34 12 17 78 10 58 28 14 12 18 1516 16 58 47 14 27 18 55 14 29 12 52 34 11 12 7 18 28 8 18 20 22 8 38 13 38 8 38 15 12 12 18 13 14 12 37 38 27 18 55 14 14 12 15 3 3-80 3 7-80 3-25-80 5-15-80 8-15-80 8-29-80 10-14-80 10-28-80 10-30-80 12 4-80 12 8-80 3-30-81 5 1-81 5-30-81 7 1-81 10-3 1-8 1 12-14-81 111 Main Offices: City Zip Phone Ground Floor WilshireRobart Bldg i 101111 MN UM IN MI MI MO 1E1 ME EN MEI ME I.