The Journal Herald from Dayton, Ohio • 17

JOURNAL II A I) rednetda, Jul 27, 196fi Dayton, Ohio r-rrr. Reynolds Heading For Peak Year 1800 WOODMAN DR. I r. i Mr i Reynolds nejnoldi company yesterday announced it i heading for another record breaking year in net profit, and sales volume. Ktank F.

Pfeiffer. president and general manager, said net profits for the first nine months of the current fiscal year have jumped 14.3 per cent over the same period last year. In the peiiod ended June .10, net profits totaled $1,38.1.406 compared to $1,151.176 at the same time last year. Pfeiffer noled unusually heavy expenditures for sales force expansion and specialized electronic accounting training to the automotive division alonp, with expected losses in the Canadian subsidiary narrowed profit margins somewhat. However, he said sales volume increased 22 5 per cent to from $17,560,643.

Per share earnings rose to $130 from $1.14. Pfeiffer said the company is well ahead of sales projections and should easily break this year's $28 million forecast. Revenues Exceed Usajl MIDSUMMER 1 aI 1 On Air Officially Jan. 7 to be broken soon on $165,000 studio 4th Dayton TV Station Set two floors will provide 12,000 square feet of space. Building plans and specifications ai-e being prepared by Vount, Sullivan and Lecklider, architects.

John Missall company has been named general contractor. The tow er at 3730 Fry town road will occupy a portion of a 40-acre farm recently purchased by the corporation. The studio and transmitter building, tower and equipment represent nearly $1 million investment. the station to do some advance programming to test the equipment and the signal. Caywond pointed out the new television station will have everything needed to telecast color except live color cameras.

It will he able to telecast movies, videotape recordings and network shows in color from the start, however. The studio building, estimated to cost about $165,000, will be of white brick with blue ceramie tile panels, Tha 2 Traders Quit Arcade; 1 Retiring, 2nd Moving $128 Million For Year Dayton Powier ft Llcht yesterday reported revenues and earnings continued to rise during the quarter and 12 mca-iths ended June 30. James M. Stuart, presidpnt, noted revenues for tlie 12 months were up to $128,402,000 from while net Income climbed to $17,724,000 or $1.82 a share from or $1.72. The latest quarter showed a gain although earnings were riot quite as great per share as they have been in former periods.

Revenues increased to from $29,027,000 and earnings to $4,370,000 or 45 cents a share from $4,217,000 or 44 cents. The company also noted all-time electric peak loads wore established June 23, June 27 and July 13, when consumption reached 976,000 kilowatts. Mead Declares Dividends Mead corporation yesterday declared a quarterly common stock dividend of 42.5 cents and the regular quarterly dividend of $1.0625 on 4.25 per cent cumulative preferred. Directors also voted dividends on Mead's new issues of preferred 83.33 cents cumulative from July 1 on 5 per cent cumulative preferred and 52 5 cents cumulative from June 24 on $2.80 voting cumulative preferred. The two new Issues resulled from the May 31 merger agreement between Mead and Westab.

All dividends are payable Sept. 1 to holders of record Aug. 5. Frigidaire Sets Up New Unit rBv Bralnard Dalt Jnurnal HsraJO Stff WrltF Dayton's fourth and newest television station, WKTR-TV, is (scheduled to start programming on the air officially Jan. 7.: Ken Caywood.

general manager, said the Channel 16 outlet will break ground within two weeks on a studio building at 1750 East Stroop road. Target date for broadcasting moved up from February to January earlier this monih when the Federal Communications commission (FCC) acted sooner than expected in issuing six-month extension. Caywood said the station expects to start construction soon of a 760-foot tower the area's second tallest. This work is being delayed while WKTR-TV awaits approval of its request for permission to construct a taller tower than originally sought and to increase its authorized power. The station plans to start with 680,000 watts of visual power, giving it the area's strongest signal and one with about a 55-mile radius.

With the advanced time table, Caywood said he expects to have a chief engineer on the payroll by August and sales manager and operations manager working by November. Balance of a staff of 25 persons will be added starting in December, in time to enable Restaurant Sold To John Coslon Long Branch restaurant at 4970 Nebraska avenue has been purchased from receivership by Jolin N. Cost on and will be reopened about Aug. 7. Coston, credit manager for Blue Bird Bakeries, said he will do some slight remodel-frg.

The fiperatton is dee-tcated in vTstern style. It formerly was operated by Pat Managan and has been closed about two months. Two of tlie long-time merchants in the downtown Arcade are closing up at finish of business Saturday one to retire and he other to move to a new location. C. C.

Recher, operator of Recher Quality Meats on me west wall of the Arcade rotunda, will be surrendering hU 750 6quaire feet after 18 years. Recher said he ia t'WYninat-ing 50 years in the meat business and probably will spend much of has time at his home on a lake at Colon, Mich. Vincent DiBauda, operator of Vincent's Piwiuce for 14 years, wifll move into the Gibbons Arcade on the thorough-fane finni Third street. "I wfll have about the same amount of space, 400 square feet," he said, "but feel it is about time for a change." PiRauda thinks the Aivade has lost its image, since it was always known as a meat and vegetable market, but now the emphasis has been changed to a variety type of nutlet. Richer recalls when theirs ivere eight meat stands in the Arcade and when he had eight employes his meat operation.

He is down to two now. He attributed changes to many things Urban renewal has taken down a lot of homes occupied by customers of Hie Arcade; one way streets have made it difficult for shoppers to get into the Arcade; suburban shopping centers and reluctance of people to carry packages home. It is reported the Arcade Discount Center widl be expanded into the space released by Recher and the produce op-et'ation will be taken over by another tenant, Outlines Booklet On Trees Dayton Power 4 Light company will outline a proposed booklet on tree planting near electric wire and underground Installations to more than 25 nurserymen at Imperial House North today. The booklet also is designed to help home owners select the kinds of trees to enhance the beauty of their properties. "Wear Now-Wear For School" Girls' Summer WHILE THET LAST! Colorful iiltetion el ilttviltts shifts, ilnvid dntiti In my ejps.

jLtJm I ear eotfon, dinimi and cotton blindi. Buy ffrzH vv'' s-M i now and tavt. vCJt S725 S790 Sia GIRLS' PRETTY FM Cotton Print GIRLS' BABY DOLL SPUMME PAJAMAS Colorful prints with dainty lact trim. I I I SOYS' SHORT SETS I Tmpt I Jn 3 7 Aih I I CLEAR AHUt I All cotton uiy taro kontr thortt In solid TVA I I I colon with colorful print antf novilty A i I I BOyS 3 t0 I I diilp eontraitlnf shirts. In many atylot.

A summer 1 -m. nn $Mz3 PAJAMAS za -t 66' Mi LtcTs26iSi.9o JJIMMUl miwiiw si.9i fyP3 patent section. He has held the post he Is relinquishing since 1958. Gerard started in 1928 as a Junior research chemist. 125 Completing NCR Seminar A tlii-ee-day NCR Paper Merchants seminar at Sugar camp will be completed today by 125 representatives from all over the country.

The men attending tiie sales seminar are being trained in the use and application of "No Carbon Required" paper. They represent 35 companies from 55 cities in 15 states and Canada. urn Potpo Frigidaire division of General Motors yesterday announced formation of a new engineering services group and realignment of research and future product activities and material and process engineering. Harold W. Campbell, chief engineer, eaid the "new organization will he more effective in having new products and plans correlated to the programs of respective product engineering groups.

The arrangement will permit better timing and create a more favorable atmosphere for product design innovations." Under the program, James W. Jacobs, who has been manager of research and future products, becomes manager of the new engineering services group. Frank W. Gerard, head of material and process engineering, becomes administrative engineer. Future products engineering activities have been realigned and become an Integral part of individual product engineering operations, to be carried out by each of the four major product groups.

E. F. Schweller, executive assistant chief engineer, continues in charge of refrigerated product engineering, and John C. Martin, assistant chief engineer, nonrefrigerated product engineering. Jacobs has been with the company since 1D37, having started as a draftsman in tlie Investing Companies YORK (AP) Invest.

Grnus: Th following uu.v. Mni li 17 5314 tations, aupplied hy Siurk 31.78 tha National Af'i Select If ST uon of Saouriti's Vr Piy IS 88 Dealer. are lnv Roan 13H4 1'V the pricM at which Ista' l-d thew prurti Invest Kd I tf cnuld ha Ix-an 1 fl 1.0S looking "Id 'hid i or bought Kit-n Fun is Cm FU 2TJ5 24 tasked) AlAX P. TWTMAX, pres.ident of Twyman Films, is new tressurer of National Audio-Visual association LARRV D. BOORD, general ngemt for Ohio National Life, and associates CJydes Hines, Glenn McElwee and Francis Putrrff have won the company's "national quality award" for superior life insurance services FINANCIAL EXECUTIVES reports new members include Kwrniore R.

Case, vice president of Third National bank, and John E. Shirley, vice president-finance of Standard Repisler VINCENT P. RIAIR, general manager of Delco Products, for office Aheideen Advise Fd Affil Kd Ant Rua Am trtlh Am lnv Am Mut Am Pac 2 70 Cua Hi 33. 3') 25.42 SSI 9.13 Cus rtl 17 IS S.S? Cui HI J. fit 11! 3 4 Cus Kl 41 7.17 7 79 Cus Hi 7S'J 82 3 35 Cu SI IS tt in ru ism is 7s S5 SS Cm S3 l.41 22.TI l.ft 3.74 Cut S4 5 7a Avao Kd space? Look at Paul Welch Office Buildings Asm InFd 177 Int Kd 1 Li 17 43 A.f HnuatHnn.

Khickerh 7 15 7 fund A 41 Knlck tilh 1 in und Hfl6Jil.J Laaud 'J5L6i st at Lcvmgt w.Linw lci Elr lfin 7 Lire lnv SL 7 32 m-'f Rid U.f 13 72 Life Stk 4 41 4 B')rnlMJ Biat Kd 17 STi inni Can zn IS inm Say lb 14 (K 'A Manhtn :1 named chairman of General Motors Plant-Oty committee. He suceeds Leslie C. Wolcott, retired general manager of Inland Manufacturing. The committee general managers of the four Dayton GM divisions and E. L.

Warner regional puhlio relations manage co-ordinates GM's community relations JOHN SIEBENTHALER, pres. B-iad St ,4 HI 101 Maa (ith 1 7 Btlllnck Can Mum Tr 17 70 Malta Life 11 15 12,78 a. 15 1.15 Moitnn Kunl: Cdn Kd Caoit Ine Caoit Shr a 77 7.4Z Crvvth 4i 1" 70 11 lnrnm 4 4 5R Cent Shr Chanmnl L'undt lnuran 74 13" Balan 13 13i4WnK Kd 17 IS Corn Stk lis 2 27 MTK 5 5 S7! Shi IS 70 IS 79 Grwth KVJ. Mui Trurt IP I i Ident of Siebenthalrr company, will I fy to Holland to study tulip cul- I ture and select bulbs to be imported I to this countj-j'. He also will visit I I German nurseries USen 11 'IS 11 Iwom Inn Speeial Oaae Kd Cnem Fd S31 Nat lnve SW 7,1 :,1 IS Nat See Per: 144 ".7 97 Rjil.n 11 (1ST! 11 Citadel Boys' 3 to 7 SHORT and DECK PANTS tasy car cottons, donlms and siortuckirs In solids, strlpts or madras patterns.

Rotor short of ksachcombor stylo with ropo holt, B.nd IB Divld 4 75 1 Pf Sk 1 01 7R Ineom t4 49 Stock 37 1.5 Cat See 1 51. 1 Cilrm Kd Colon Oth 15 72 17.1,1 CnmSt Rd 4 34 4 SOUTH IN KETTERING'S Governor's Hill Office Park Gttt-tn 1" S' Cnimonllh I da Can Kd Nat Wea Incom 2 1(1 51 VF.A MiK in IW RED. TO STo REG. SI. IT PEG.

TO STo S-fl 23 RED. SI.5T 99c Blair Prudential Insurance company's Daytfm agency attended the regional business conefrence at Denver. The men are P. P. Porraro, manager; Herbert A.

Kaplan, Jerome Irvine, division managers; John S. Botelho, Norman L. Clark, Theodore T. Cohen, Wilmer E. Dennis, Ronald M.

Glaser, Bill R. Shepherd DOXAIJ L. DAHLMAV, vice piesident and general man-szpr of VM.W-D, is attending a business seminar at Harvard university oriented toward broadcast management 3. 8. THOMAS, to vice president, raw materials and purchasing, Armco Stel.

The former director of general purchasing and an employe since 1927 will have C. W. Beck his assistant vice president Beck started in 1926 i 66 1 39 Over-The-Counter Dictation from NASD at eWtains Tea-terlav. Bids mtr-dalr prices. Prlcea Identifleil hv ar mter-daaler ask4 prices.

Imar-dealer iuota.tlona not include retail ms-rkitp. marttdosvn or eommisafon. Aaked price Mesitiflea. bv hat been atjiuttai upwtrd to in-elud approximate markup. Bii Asked BAMK9 First Kal I Bank 4 Third National Bank 24 Winter 10.00 Par 4114 43V rNDCSTRIALS Am.

Greetings 4S 44 Davoo l.V-s 19lt) Vn Dayton Malleable M'a -1 Durlmn 22 23 Bob nvtna in 11 Flxtble 6'4 Frier 14t 14'i rsa. Nr.fi Life 13 13 niche Industrie B. F. MacDanaM 7T, Master Consolidated 14 1H Midwest Bsailty 1 1 4 Monarclt Marktnc 84 SO Nationwide Crtrn. P.eynolda Reynold 43 arv, Rwkwell Mis 3V Sore; Paper 14'a Standard Reantr 17'a tna Ki N't" Technology 14 300 TO 15,000 SQ.

FT. Now leasing for immediate and September occupancy Men's JIT SHIRTS lnve 10 1101 New Kng 10 15 76 Stnrlc ID 11 0 H'r 14 JO 4 34 CtmTr AB J.S 17 17 4 CtmTr CO 1 67 One WmS 14 Cnmp Bd IS 9 Opnen Kd 23 64 25 S4 Comp Fd -2 10 H7 penn Sq 17 41 17 4i1 Conooi 4. 7S 4 7 peonlea in 11 72 Cnna lnv I VI 7phila Kd 1S.94 1S2 Cnnam tnv 4 Zl 4 SO pine St 11 11 Cnnv Sec 60 Pioneer 1137:43 CVmv Gr 1 37 19 52 Price TR 2" 55 30 S5 Corp Ld 1 51 1 07 Providnt 4W 5 39 Crown 414 72 Puritan 10.4(1 11.25 deVeg-h 65 IK US 99 PuUmm Td Ixt lnc 17 35 SS 1710 Dela Fd 15 7517 a Infim 9 90 Diver Gr 12 i "4.22 Grwtli 12 0018, Diver lnv 9 30 10.19 invent 7 37 fcs Dtvid Shr S51 85Qtlv IHi 7 KK DowTh la 7 .17 1 75 Rep Tech 4 51 4 3 Drevtua 12 74 B.I 95 R-h lnv 14 1115 4 Eatn Bal 11 75 12 77 Reve, 14 -tr 1.2S Eatn Stk l47lll Srudder rur.da: Emnl 13 25 Bal l3S1f Enerv 11 99 15 9S fnm St 11 11 Eqiotv lrt (il0 4S lntl lnv 13 4 o9 trm BMu 30 20 11 at fepefi 30fl3 3nH Fed Grth 13 9 16 2S See Enilrt 111 19 Bank, Insurance Stocks (aittajii fir. for 100'. COTTON I BUTTON PLACKET HENUT STYLES SHOUT SLEEVE KNIT CUFF AND WAIST SOLID COLORS REG.

$1.88 Mutual 9a Lf -4 Nat Fid Lf IS Nat Fir 119 Nat Investor Lf 94 Cor Aaaue Cnntin Caa Cont Fid Lf Criterion Ina Crum A For Kastn Life Life Employ Gioun Kmpiot- Rein 3 44 2" 43 'a 14 4i 57 "4 120 104 sn 11H 14 '4 S9 4'i 2'a 44a IS 5 S9 i 14 4 TEW YORK (API Tlie following bid and aaked nuotationa. aitpnlied bv the National Atanr-lation of Se. rutittea Dealera, re not actual ti-anmactiona hut are lemeventatjve inlet--dealer piicps, aa approximately 3pm. at which 1hee aeruntiea rwjld hate been Du'-chased or aold hid. Inteidealer mar-keta change throueiout the da.

Prices do tv4 include retail mf kup. markdown oi- Rank A Truat Kneel NY 7 '9 Farm 4r Horn Lf 12 S.t'a 14 :4 in-, 4.1 11 37 34 '4 F'ede'-ai Ina IfaFflfJTS' DEPT. CLEARANCE S5 SS '4 44-- 12 11 274 27', S'4 Bk of NY Kf Fid Can 15 3 1 70 Selen Am 1.1.74 12.70 rid Fund 19 37 19 98 Sm hold 1-'87 Fid Tmd 31 9(isw Inveat 9 14 9B Fid Mm S4 S.44 Hver lnv IS 59 17 (r Frin Uttfe 9 4a 9 4 state St 45l4l FTF. f4fl 593 SWml 51 7 FIn 10 93 11 9 Stdm 19r3l.s. FIj Gth I'navail uttein Rat i Fnlnd Ine 99 22 Hal 2'i 1 20 1 Fnd Lf 511 14 Stork 11 13 41 I Founders 7 74 9 4 lmi 13 "3 1S 98 Fouraq V.

94 14.08 Sterl lnv I'navail Franklin Cuaton. Sor InvGt 74 jo 2 Com Stk 7 7 PC Trtev El 9 74 2 Inoom 9 14 9 45 Temp Gt 1H11129. Pf Sdr 1 2 9 Tevaa Kd 72 lx i I til 7 IS 7 97 TweoC Gtn I 1 Fund Am 19 11 OS TwenC Lne 5 51 U2j Fund lnv ra is 07 fnited Funda I Gn Inveat a 7.1 Aecm 17 .95 19 1 Croup Sec: lnmm 13 74 15 021 Aer Se 1013 Srien Com St 13 12 t'nKd Can S09 SSS; Fui Ad 7 10.72 Value Lin Kundr Crth Ind 30 5,1:10 Val Lin 7 39 10 Gryphon 14 1 24 Inoom 5 3 I PRIME INVESTMENT OPPORTUNITY DELUXE BRICK RANCH DOUBLES LEASES AVAILABLE RETURN 21 TO 28 ON INVESTMENT WILLOWBROOK MANOR Harry H. Hammond, Brokor 277-4762 jat LireftAc Nat. Old Lin Nat Kit Nat VVn Lf Natiortwd A New Hamp N01 Am LfCat North River Northeant Ina Northw Nat Occidental I Ohio C'asualtv Old Line Lit Pac Indem Peerless Peninsular Lf Pa Life Peoples Llf Phila Lif Phoenix Protective Lf Prov.Wash Pvrajnid Lif Rein Cir NY Hep Ins Tex Rep Nat Lif Reserve ns St Paul FAM Seabd Life Seabd fcur Secur Conn Lf Security Ins S1 i S3 S4 Si 40 4 RTNY CP 52 Charier NY Chem Bk SY Tr 43 Cont III Oocker Citis MONTH SIZES DIAPER SETS Colorful sun suits with or tlovso.

Girls' or boys' In cotton, seersucker or terry stretch pastel. a 79- am Bkra Life Fid fnlon Lf Fid Ip Fat Colonv Lf Fat NL Pnoen p-ranklin Lif F'und Am Gen Reinsur Inl Life Glena Falls Globe Lf A A Govt Employ Gott Emp Greatamenca GuArantv fav Gulf Life In Hamilton Lf Hanover Ina Hartford Fir Haiti Boil Home Ina NY Inleicoast Co Trill Life In Interest Life Jeff Wd Life tr sin 13 33 I'i'i 31 145 1,3 39 21 74 24 144 TB'i 37 4n 70 11 1 13H Ftt Nat Boa i 5JS S3 -a 44 K'a S2'i W- 47', 2H 341, 39 a i 3 a royal, REG. REG. S2.4T I REG. If -4 17 IT 34 '4 3V-, 7.1' I'll 3.V4 11 31 '4 14 S9'4 23 "4 a J4'4 s.

2o'a 34 37 't 44 7fl'4 n1 34 '4 40 -4 lma 47 'a 42 '4 23 4 4o4 lb 2: 4 37 S'4 1:4 SI.3T nd S2.IT Cuarrin 219 35 1" Pl Sit JS9i CN Him hd 5 1 5 99 VanaA 5 12 9J 1 S3 Var Ind PI 22 5 97 Marrn lmo Ca llllSIWi Ht In 53 47-1, 2 23' J-i'-a 44 91 3 474 14'-. 13 1 It 11 5 51 arrU ah Vu 1' A2 1-? 70i imp rn Recur Life A Tr 33 1 lor Fnd 12 at 13 97 Weil Kd :3 :4 9n Kennesaw LIAAe i sec Tttle a Gur i Ine But 1 ''5 Ht 7 ta ajai Fat Nat Cnl Fat Nat City Frank Nat Kings Lafa Wanuf Han Meadnr Nat trt Mrgan Guar Sec 1t Bk LA IS Tnut NY Weill Fareo Bk Inaatraax Aetna Lire All Am Lf A Am Family Lf Am Fid Life Am Found Lif Am fn Ina Am Hei-ltaee Lf Am Incline Lf Am Life Co Am Ina Gallf Am Re-Ins Banker Llf Bnef Sid Bimer Stn SnuthCoast LI 13 14 4- Itld T-end 12 13 75 httenll InBk Si 5 .1 5 7i Wndar Fd 4Sa 4'a 1' 4.n-a 41 '4 31', 14a S5 5.1.27 47i IV, 7' 13 2H KTi 12 13 i lnvco Am 1 "0 Wmfield Invea B. a 11 93 13 07 Warm natail 7 4J 72 Si's 4 4 -a e3 14-, 4.4'i 2S' li 1 4 BABY DOLL PAJAMAS Ky ten Lf Lamar Life Lawtera Title Lib Life Ina Liberty Lire Life Assui Pa Life Caa Tenn Life Ins Kv Life Ins Lincoln Nat Loyal Am Llf Manha'tan Lf Nlasa tien Mas IrKlein 4 S7-4 1 2'4 -a fS 12 4.1 PARKING LOT WANTED CftDH BUYER DOWNTOWN DAYTON, NORMAN FIA, 441-441 GORMAN, REALTORS, 222-1143 Lt Swn Lite Ins Strl Sec Lif Sun Lr Ins Tenn Llle In Title Ins LA Ti eve lei a 1'ntt Famil" Vmt Ins Am t'ntt LifeaYArr-liJ Fit) 8 Fh Life 1'ntt Truat Lf 14H 3C ft 34 39 '4 4 a 11 HCIii-F'ailiigriMM 1 36 13'. 7H and tittle girls' slits in dainty 1 1 I prints with lata trim. Bua Men Aaaur 34 Cit Caa NY A 74 While Quantities last an III 13 '-a 14 Variable Alt 94 "Hcswaan In 47 Wabaalt T- Mass Pmt S2 Mercantile geeqr 14 4 Midtvn Ln Life 7 Missouri Fid M'ttarrl Lf St Momnrett Ltfa? 1 Mt Vernon HUM nj7ena Coastal st Comb irt Ctr L(t Orm Gen Cont Anw Lf mi REGULAR S7 139 as e.rcr.esT a eat RLf As 13 Zenith 24 IS.