The Journal Herald from Dayton, Ohio • 17

Sales Promising JOURNAL Tuesday, March 21, HERALD 17 1967 Dayton, Ohio Ford, UAW Study Pay Guarantee Kittyhawk Plans To Revamp i any work outside his specialty. They also want compulsory overtime abolished and the right to strike when any company farms to an outside con tractor work UAW members feel should be assigned to them. In addition, they demanded "no tampering" with a cost-of-living escalator. gets approval of its plan from the Ohio Division of Securities, Kittyhawk Television expects to issue 20,000 shares of Class A voting stock at J20 a share. Actually, it is planning to pet authorization for 70,000 Class A shares and 5,000 Class shares.

Owners of stock in Kittyhawk Broadcasting will retain their shares and in addition Potpourri DATD J. ROBISON will be honored at a dinner Friday on his 25th anniversary with Equitable Life Assurance Society of the United States CHARLEY J. KEENOY, NCR vice president and group executive, named a director of Citizens Federal Savings Loan THREE PROMOTION'S made by Winters National bank. William M. Bennett replaces Charles R.

Hoskinson as assistant manager, North Side office; Mary L. Dohr succeeds Bennett as assistant manager, Market office, and Peggy A. O'Dell becomes assistant manager, Airway-Woodman office TIME INSURANCE company of Milwaukee will hold a regional meeting Thursday at Imperial House North. R. L.

Paddock, home office president, will head the delegation of executives to the session MEMBERS of the Home Builders Association of Metropolitan Dayton will meet March 28 at Statler-Hilton' inn to discuss plans for Homearama '67, the organization's new home promotion campaign set for September LVLE R. to city manager for Hertz truck leasing and renting operations in Dayton. He joined the company in 10f2 as a sales engineer at Kansas City CHARLES H. MANCHESTER of Airstream at Sidney, named chairman of the Travel Trailer division of Mobile Homes Manufacturers association at the annual meeting in Chicago MINSTER MACHINE company, Minster, has acquired the Sand, Poodles, Guitars Helping Britain Win Lo Angelei TimeiW ashinglon Pot Serrlrs LONDON Some of Britain's export triumphs in the last six months have been selling sand to Algeria, French poodles to France, guitars to Madrid, ski sticks to Austria and the edible crosses for hot cross buns all over the Christian world. This bizarre list of achievements all in their way attempts to help wipe out the balanre of payments deficit-are boasted about in a special publication produced by the Confederation of British Industry, representing the cream of British employers.

It is called "Fanfare for Britain.1' The sand sold to Algeria is a specially refined kind they cannot pick up in the Sahara. With less than 0.2 per cent of the world's land area and slightly less than 2 per cent of the world's population, Britain is the third biggest trading nation. More of the surprise items helping maintain Britain in this position are soot-blowers to Saskatchewan; bidgets to Iraq; sauerkraut to Germany; crossbows to and rubbish to Switzerland (for compression into fuel for building blocks). Britain sells overseas more coins, more parking meters, more diaries and more radioisotopes than any other country in the world. tor of the Skilled Trades department (STD), said he had asked for similar discussions with Chrysler.

UAW president Walter P. Keuther is on record as saying he will sign no new contract in 19R7 not embodying a plan under which a workman will know at the beginning of a year what his in-. come will be for that year, layoffs notwithstanding. The union concedes it has no firm, fixed plan as of the moment, but says it is testing several alternatives. Under supplemental unemployment compensation paid by the companies on top of regular state unemployment compensation, it is possible for a laid -off workman, to draw up to 62 per cent of his normal take-home pay for as much as a full year.

The companies have fought off Reuther's demands for "a guaranteed annual wage" since 1955 and have given no indication they would not chance a strike. Early this year, Reuther talked of "salaries instead of wages," but switched to "guaranteed annual income," pointing out salaried workers are suhject to layoff without pay. UAW skilled tradesmen have set up some costly demands of their own, and Reuther promised to work for their inclusion. The tradesmen want lines of demarcation spelled out for skilled classifications, with no one required to perform Contractors Plan Tax, Insurance Seminar Today A tax and Insurance seminar for the construction industry will be held today at Sheraton-Dayton hotel by the West Central Ohio chapter, Associated General Contractors of America. Some 40 leaders in the industry are scheduled to attend sessions featuring the following speakers: Allen Lischavva, southwest Ohio district manager-State Department of Taxation; Harmon Beyer, Columbus CPA; James Pickering, Royal Insurance, Cleveland; Kenneth M.

McMancs Chubb Son, Pittsburgh; Frank M. Abrams General Insurance, Cincinnati. Architects will take part in the afternoon session. products of Weiland Clutch company of Cleveland, effective April 1. The complete line will be absorbed into the Minster clutch line BRUCE CORK of Chicago, to general manager of the Golden Lamb Inn at Lebanon.

Graduate of the University of Illinois and former associate of Harris, Kerr and Foster, Chicago restaurant consulting firm, he is married to the former Jean Hageman of Dayton CHARLES R. HOSKINSON, advanced (ram assistant manager of Winters National bank's North Side office to manager of its newest office at 806 West National road, Van-dalia. He has been 13 years with the Intertype Chief William W. Fisher Is new president of Intertype company, a division of Harris-ln-tertype corporation, with plants in Dayton. Fisher, continues as group executive typesetting products.

NAA Marks 40lh Year National officers will be on hand today when the Dayton chapter of the National Association of Accountants marks its 40lh anniversary at an Engineer's club dinner. Firman H. Hass, national president; Rawn Brinkley, executive director, and Frank Doeler, president, Indianapolis chapter, will be among the special guests. The chapter has grown from 44 members in 1927 to the present membership of 530, a grea-t many of whom will be in attendance wearing black derbies, mustaches and arm garters. Special technical speaker at the meeting will be J.

R. O'Donnell, professor of education, University of Dayton. His subject: "An Educator's View of the NAA." Ora Ra-y Dawson, past national vice president, will introduce past presidents of the local chapter 'Mayor Dave Hall and Edward W. Rodgers. Meeker rAwJ 1 1 tlUkJ lift USEEJ 1 1 DETROIT (AP) Ford Mo-tor yesterday confirmed it has begun a joint preliminary study with' the United Auto Workers on the costs of the fuiranteed annual income the union says must be written into new contracts this year.

A Ford spokesman confirmed the study was under way after sources in the union said talks had begun with one of the Big Three motor companies. "Details regarding any preliminary committee studies were confidential under an agreement with the union," a spokesman added. Ken Bannon, the UAW's Ford director, declined comment. Union officials confirm preliminary joint studies are under way at General Motors and Ford on other demands of UAW skilled tradesmen three months before actual begin. Douglas Fraser, UAW Chrysler director and codirec- Huber Slides Multimillwn Indiana Job Charles H.

Huber yesterday announced plans for a multi million-dollar housing development in Indianapolis that will total 500 homes. The president of Huber Homes, said the project will be known as Sununerdale Homes and will open about April 15. The 200 homes in the first lection represent an investment of more than $3 million. Huber says the homes have been pre-tested for consumer acceptance. The same models being featured in Indianapolis have been on sale for a year in Huber Heights here.

He reports more than 100 units have been sold here and 430 more are planned. Construction has started in Indianapolis on the initial 50 homes. Prices in Indianapolis will range from $15,000 to $19,000 and the brick homes will consist of two, three and four bedroom units. 6,000 Cars From AMC NEW YORK (AP)-Kin-ney Rent-A-Car division nf Kinney National Service, will purchase fi.OOO cars from American Motors. iti.hmOANii sHiprirm JOHN CilLLON CO.

LTD. I. PRomi nr motuno DRAND WT I WHISKIES By Bralnard Piatt Journal Rrrdd Stall Wnltr Channel 16 went on the air yesterdav and officials, predict WKTR-TV should be in the black in six months if advance sales are any indication. Kenneth D. Caywood, president, says the new television station already has $100,000 worth of business on the books more than double the original target.

And the sales force only started taking orders Feb. 1, the young executive and guiding force of the new station advises. While just getting started, Caywood discloses plans are underway to revise the corporate operating organization and issue more stock. Currently, the station is operated by the Kittyhawk Broadcasting corporation of Kettering, but a new charter was issued yesterday at Columbus to Kittyhawk Television corporation. Caywood says plans are for Kittyhawk Broadcasting to turn all assets over to Kittyhawk Television.

The operators are hopeful Kittyhawk Broadcasting will get approval of its application for a radio station. Financing of the $1.5 million operation actually dates back to February of 1965, when the six founders invested in 250 shares of Class A stock. In April of 1966, founders increased their holdings to about 1,400 shares at $100 each and 15 more investors bought the remaining 600 shares at $200 each. In August of last year, with the way cleared for the station to go on the air, directors decided to issue 300. units at $1,600.

Each unit was to consist of a $1,000 debenture and two Class shares of stock. By the time 129 of these units were sold, it was decided to recall the remainder and change the form of financing. Provided the corporation Liiineniun AMERICAN EVERY CAR DAYT0NA IT1 Stole ih ihow with its $23 1 5 $1895 Spang bank TED A. MEYER, named general manager of Neff and Fry company of Camden. Graduate of Auburn university, he holds a doctorate from Ohio State ROBERT F.

TANNER of Airtron Heating and Cooling bere, named co-chairman of National Warm Air Heating and Air Conditioning association conference committee for a five-state region, it will be held in Chicago starting March 31. JIM SLOAN, named real estate manager of the Dayton division of Kroger company, by William Oliver, division vice president. Sloan joined the company in 1961, has been assistant division real estate manager in Dallas since 1961 EUGENE W. KETTERING, named honorary chairman of the Kettering Chamber of Commerce membership drive April 6 WILLIAM STACEY, president of Fairborn Fence and Window company, named dealer of the year by Frontier Fence corporation at a sales meeting in Bermuda. He handles Mix-N-Match fencing in a three-county area LEO MEECE of Dayton and Kenneth Cox of Miamisburg, Nationwide Insurance agents, have qualified for the company's President's club and will attend the annual conference in June in Nassau ARM CO STEEL corporation has promoted three members of its personnel section.

R. I. Trowbridge becomes supervisor-employment; J. K. Harrison, co-onlinalor-managemcnt and technical recruiting, and R.

W. Kelly recruiting representative GARRISON corporation here has received a special recognition from Code-A-Phone, division of Ford industries, for helping dealers in the region co-ordinate sales programs, exchange selling ideas and better analyze their markets ROY C. SCHLEE has joined DuBois Chemicals and will work in industrial and institutional sales, according to William H. Dcnney, area manager CARMEN PETERANGELO of Fairborn, to chief them-ist, U.S. Steel Universal Atlas Cement division plant.

He succeeds W. L. Brady, retired. Peterangelo attended University of Dayton and started with the cement division in Crop Planting Plans Up, But Short Of S. Hope will receive 15 shares of Kitty-hawk Television stock for each Class A and share of Broad-casting held.

Tile debentures will be transferred to the new corporation. The 'Station went on the air with 31 employes. Besides founders are John Kemper, John Pearcc, Vic Cassano, Robert Frame and Ray Arn. 17! mv ZEWhli every corn. tit vV "I'm a stock broker, I think investor should Cork WINTER WHEAT bushels compared with OATS 804 million bushel compared with 798,089,000 bushels SOYBEANS 1 billion bushels compared with OHIO, the prospective acreage of important crops and the percentage such acreage is of last year's plantings, respectively; All corn 3,538,000 acres and 106 per cent; Oats 608,000 acres and 86 per cent; Soybeans 2,266,000 acres and 107 per cent; Sugar beets 32,000 acres and 98 per cent; Tobacco 10,200 acres and 96 per cent.

listed stocks." Hobart Promotes Three TROY, O. David B. Meeker has. been elected executive vice president-operations of Hobart Manufacturing company, a new post. Carl F.

Spang of Boston becomes corporate treasurer, succeeding Meeker, and John Linneman advances to assistant treasurer. All promotions are effective April 24. Guy Frisbie, president, said the new men bring to their new positions "broad knowledge of company business, determination to further its growth and qualifications needed for added responsibilities." Meeker started with the firm in 1949, in service and sales, became sales manager of direct sales division, financial director of branches and agencies, treasurer in 1963 and director in 1965. He holds degrees from Dartmouth college and University of Michigan Graduate School of Business Administration and has been active in civic affairs. Spang has 27 years in the food equipment industry and has served as New England regional manager for Hobart since 1965.

He joined Hobart in 1961 from a position of vice president with Ncedham Manufacturing. John Linneman, who lives at 5042 Chapin street, Dayton, joined the company in 1960 after 13 years with Chrysler Air-temp. He is a University of Illinois graduate and has been serving the' company as credit manager, duties he will continue to fill. Before you spend $50 to $250 for cny suit, spend 5 minutes and find out about DUNHILL'S fine suits at 55 to 5165 WASHINGTON (AP) An agriculture department survey Indicates farmers plan to plant about 316,000,000 acres to all crops this year. This compares with about 298 million planted last year.

Officials had recommended an increase of around 30 million acres, mostly in grains, to replenish reserves reduced by heavy foreign demands during the last two years and to meet expected big future markets. Prospeclive plantings compare with a record high of 375 million in 1932. The department offered these production of important crops, assuming the indicated acreage is planted and the acre yield is in line with recent trends: CORN for grain 4 billion bushels compared with last year; Grain Range RENFIF.LD IMPORTFRS. LTD Y. 5 4 60 Tenth 1, 5 QT.

CODE 219-B $037 CODE 219-X Some people don't taste the Scotch.Theytasta the price. So they aren't comfortable unless they spend $7 or $8 a bottle. When you try King William, forget that you're getting 86 proof Scotch at an upsettingly low price. Just savorthe Scotch itself. Smooth and light.

As good or better than the higher-priced Scotches. King William is one of Scotland's oldest and most respected brands. Pro duced there by John Gillon since 1817. And enjoyed throughoutthe world. Will King William impress your friends? That depends.

On whether they are Scotch drinkers or money drinkers. What's special about stocks on the New York Stock Exchange? "Generally they're the big companies, the leaders in their fields. When a company's stock is first listed, the Exchange has to be satisfied that it has earned a position of importance in its industry, and that it has proved its ability to make a profit." Is profit the whole picture? "No. There are lots of guidelines for original listing. One is that ownership can't be concentrated in just a few hands; there have to be at least 1,700 owners of 100 shares or more and some go to a million sharcowners or higher.

The Exchange has certain standards for de-listing a company, How can I learn about listed stocks? "That's an important point. Generally there is more information available on listed stocks. The Exchange rules require hat these companies put out financial reports and promptly advise the public of major developments. The investor should ask his broker for such facts." How many companies are listed on the Exchange? "About 1,200 out of some 1,400,000 in this country. But these few, as a group, cam about 70 of the profit reported by U.S.

corporations, and pay about 60 of all dividends." How many people own listed stocks? "The Exchange estimates that 20,000,000 people own stocks, and 12,000,000 of these own listed stocks. And of course many listed stocks are favorites of the big institutional investors." That's fine, but how does that affect me? "One thing is that thousands of buy and sell orders come to the floor of the Exchange every day. So whether you want to buy or sell, your broker can usually find your opposite number in a matter of minutes." Docs all this mean that listed stocks are right for everybody? "No, it doesn't. Every investor has his own set of circumstances, and the broker wants him to feel completely free about discussing them. Your goal, for example dividends, or long-term growth, or the relative safety that bonds or certain preferred stocks might offer.

Then there's the question of how much to consider investing, after allowing for living expenses and emergencies. Every investment carries a certain ifcgrce of risk. Investing comes down to a combination of circumstances, hard facts and judgment. But my experience tells me that every investor should consider listed stocks." Own your share of American business Members New York Stock Exchange 175 th Anniversary -Marketplace for the Nation's Progress THE RAMBLER OUTPERFORMED in its Class at lack Beckar, Pres. THIS li Ihi Car that DID 1967 AMERICAN "220" 2-door, 139 outstandina Derformanee 26 milet cer rea.

CHICAGO (AP) PrrvlniHi 0WB Hlh l-nw t'lm ('tins' WHKAT Mm- i.rn'i l.s.vi Lin1; l.so is.v; May l.ffl l.sri', Jul 1.W-H tra 1.7n4 1.7!, i.s.v Sep l.Sfi'4 I.St l.ffl'i l.Ml'4 Dec 1.81 1.91't l.Hfc'i l.M) l.M", ollN Miir l.M 1.37'i Mny 1.41 1.41 1.4"'i l.Wai Jul 1.14 1.41'i 1.13'i 1.44 1.44'ij Soi 1.4.V4 l.l-':'i H3'4 1 44, Dor l.J6'4j 13fi 1.3.'i"i 1.36U 1.37 i Mm- 73'i 71 71 't 7.1 Mny 7.1 73', I Jul 73 7.V. 71 71 '4 7.V, i Sc 74 74 TS'i 71 Dec 78 7HH 78 76 '4 7714 It Mnc l.M'i May 1.37 um tax's, Jul 1 an Lin j.sn 1.311 1.32'i Sep l.M 1. .11 1.33 1.33 l.W I Dec 1.37 '4 1.38"i l.M'i 1.38 NOVBKAY Mar 2 31 '4 J.ftl'i 2.W) 3.M 5.02 Mny 2.Si S.M Jul 2.91 3.9V a.9fl 5.0! Aug 2H8i 2.KS 29' Sep 2.14't 25'4 2.M 3. SI 2.H Nov 2. 2.3' 2.K? 2V-' i 2.68'i 3.83'i 2.S3'i 2.

SB1, VIYBEAX OH, Mar in j4 HI 2S 10 24 ln j8 10 SO May 10.12 111.: 33 111.11 10 11 111.17 Jul 11133 10.37 in.32 10.12 10.13 Aug 10JII 111,11 10 .28 10.31 Sep 1IUS 10,19 10.14 10.14 10.19 Ck'i lo.im lo.im jo mi inns mm llpr 903 9 90H 90S Jan 991 908 VVBEA MKAI. Mar 7,1.7.1 733 T3 33 73 33 7.3.S May 73. 30 73 73 73.1 73.53 7.1 SO Jul 7,100 74.13 7,1.00 71.03 74 23 Aug 7.1.00 14, 20 73,00 74.10 74.23 Sep 7,1,10 7.1 20 73 HO 73 20 7.1,20 i.kl 72 1(1 73 03 KM 72,93 73 03 tim no 7203 7303 Jtll MM Ml, MM 12.33 UOO iwMTit iomu Mill I UHFULB IMPDRTtHS LTP.HMMI 1967 AMBASSADOR 2595 1967 AMBASSADOR JZiXtfSST 3295 1967 AMERICAN SS 2275 Free Investment Guide "stocks on the (10 board," new comprehensive booklet groups more than 1,000 stocks by industry for eaiy comparisons. Lets you check growth in earnings per share, yield, dividends and other vital statistics. Valuable to both new and experienced investors.

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