The San Bernardino County Sun from San Bernardino, California • Page 12

.12 THE DAILY SUN SWEETIE PIE Tl By Nadine Seltzer Navy's New Petrel Missile Termed Sparkling Success ARKETS Slightly Lower equipped with the petrel WASHINGTON. (J The Navy DOW-JONES AVERAGES Furnished by Dean Witter San Bernardino, members of New York Stock Exchange. Net 1955-56 High Low Close Change Sales High Low 30 Indus. 519.85 513.33 515.91 0.81 318,100 515.91 462.35 20 Rains 173.01 171.05 171.41 0.96 99,300 171.41 153.97 15 Util 67.72 67.06 67.17 fl.24 49,600 67.52 63.03 65 Stocks ......183.19 181.04 181.69 0.26 465,000 181.95 164.29 40 Bonds 98.20 0.10 99.84 98.13 10 1st K. 99.91 0.12 10 2nd K.

99.01 fl.Ol 10 Public UtiL. 96.60 0.13 10 Industrials 97.26 0.14 Tuesday lifted some of the secrecy around the "Petrel" guided missile and said it has performed with' an "exceptionally high" degree of reliability. The Navy and Fairchild Engine and Airplane Hagerstown, indicated in a joint an-, nouncement that the Petrel air-to-surface missile is "one the more complex" types now in production. The Petrel was described as having an intricate "electronic brain" which virtually thinks for itself and guides the missile to its target at high speed. The weapon" was described as an air-to-surface missile "primar-, ily for use against enemy ships at sea." However, in the Fairchild annual report this wk the Petrel was referred to as an air-to-underwater missile, meaning it was designed primarily for antisubmarine activity.

The Navy said a number of patrol craft already are NEW YORK (J) The stock market went through a series of narrow price moves and closed slightly lower Tuesday. Most of the time he was thoroughly mixed. Most changes either way were small with the outside limits around 3 points lower to 2 points higher. Principal coppers were lower, but just about every major division was mixed. The selective nature of trading was a reflection of the advice of many brokerage houses to their customers to exercise caution in their approach to the market at the present time.

That is because the market has been advancing steeply for some seven weeks. In the usual course of events, a consolidating reaction tops such long climbs. The Associated Press average of 60 stocks was off 50 cents, at $190.40. Volume amounted to 2,760,000 shares. "Launched by patrol aircraft well outside the range of the target's air defense, the missile attacks at high speed and with devastating effect," the joint announcement said.

PROTECTS PILOT "Use of the new missile thus will save the plane pilot from the antiaircraft hazards which attack-plane aviators met in World War II when they closed on the target. "Thus Petrel virtually eliminates the potential loss of valuable, highly trained pilots as well as costly planes and equipment." The Petrel is in production at the Fairchild Guided Missiles Division Plant at Wyandanch, L.I., New York. Information on the Petrel was made public a day after informed sources said a Snark guided missile had flown 2,000 miles into the central Atlantic after being launched from Cape Canaveral in Florida. This was said to be the longest known distance ever covered by any pilotless aircraft. The test flight of the jet powered Snark was said to have taken place a few days ago.

Pentagon information officials declined to comment on the report Research in the missile field is aimed at developing an intercontinental missile capable of reaching targets 5,000 miles away. 10 MOST ACTIVE STOCKS NEW YORK Tuesday sales, closing price and net change of the 10 most active stocks. Last Sale Net Change 27 i 45fi 60' fs 60S i 59 Vi 4i Vk 27 36, 65'j 1 r.m. (. s.

pm. ok. 16 kr NEA SOT, hx. tf .14 'When you hear the tone the time' will be seven a.m.! L.A. Livestock Total Sales 1.

Pennsylvania R. 46,500 2. General Motors 43,200 3. U. S.

Steel 42,500 4. Standard Oil N. 41,700 5. Mohasco Industries 36,400 6. Westinghouse Electric 32,700 7.

Kaiser Aluminum 27,200 8. Sunray 22,900 9. Chicago Corporation 22,000 10. Reynolds Metal 21,700 Total volume 2,760,000. TUESDAY'S STOCK MARKET Tuesday Issues Traded 1,218 Advances 354 Declines 617 Unchanged 27 New Highs (1956) 92 New Lows (1956) 52 L.A.

Stocks WEATHER Friday LOS ANGELES AP fFSMN) Cattle 1.200: slow, about steady on most classes, few loads commercial and good fed steers 17.00-18.75: low choice held above 20.00; commercial Holstein steers 16.00; utility and commercial cows 12.00-15.75; canners and cutters 10.00-11.75; utility bulls 15.00-17.00; medium and good slock steers 15.00-17 Calves 100; about steady; load choice vealers 19.00-22.00: odd lots utility and good calves 15.00-18.00. Hogs 200: fairly active, fully steady; top 25 higher, some lots mixed US No 1-3 200-245 lb 16.00-17.00: 220 lb No 1-2 17.25; 260-300 lb 15.00; 300 lb sows heavier to 5S5 lb 10.00-11.00. (By Associated Press) Tuesday's weather summary: High Low Prec. Shares Value April 117.714 2.009.277 Previous day 113.565 1.961,984 Year to date 5.639.990 101.517.647 1955 to date 5,900.667 99.897,351 Tuesdays transactions on the Los Angeles Stock Exchange; High Low Close The Snark is being produced by Transient Held for Kidnaping Woman, Boy LOS ANGELES (UP) Lloyd Lee Hayes, 27, a transient, is held in connection with the kidnaping of a 70-year-old woman and a boy from a market. Mrs.

Anna K. McDonald told police she and Larry Kolinchak, 4, were sitting in a parked car outside the market waiting for the boy's mother. She said Hayes jumped info the car and drove them several miles before halting the vehicle and walking away. Fourteen per cent of Delaware's personal income is paid out in U. S.

income taxes the highest proportion in the nation. Monday 1,222 519 477 226 145 52 1,210 523 443 244 145 35 Northrop Aircraft Hawthorne, Calif. Bakersfield You can sign your name here if you qualify for this degree P.M.D. Aeco Crp 1 OS Air Reduc 1.80 43 'i Sheep none; no sales. 1 00 1 05 43Vi 431, 80 80 19 19 Am Tobac 4a 80 Ash Oil 194 7-1 84 Buffer, Eggs, Poultry LOS ANGELES (AP)-FSMN) Eggs-receipts 9.300 cases; Wholesale: Uncan-dled-Producer graded for size Min.

40 per PILES SiMdln. Itch in an Other Reetal Troable GO WHILE YOU WORK Snrqery No Injections No Hospitalliotioa DR. R. E. HANSEN.

D.C. 1224 N. Waterman. Pftono 2-0101 Basin Oil Bendix Av 2.40b Beth Steel 2e Bishop Oil 11V 10H lOVi 56 56'ii 56V 164 164 16 16 16 21 21 21 78 78 78 37-i 3 hi Mam cent AA Large 43-45; Medium 38-40; Small 33. Grade A unchanged Large A 42.5-43.

To rctaiers f.o. b. distributors' Boeing 2a Bolsa Chica Bdwy-H 1 Burl Ind lb plant unchanged Ex Large AA Large AA 49-51; Medium AA 44-46; Ex Large A 52-54: Large A 44-46; Medium 63 31 77 58 71 40 40 37 .12 51 62 .68 44 22 72 54 .05 7.1 48 79 6(1 .01 69 35 52 35 61 47 64 34 66 46 80 62 1.07 75 69 66 38 .18 83 71 52 39 64 44 65 47 67 43 54 36 74 41 56 13 71 39 50 30 .04 70 39 62 50 72 47 4' 38 52 32 70 48 .28 18 "4 18 14' 144 8'i 8'4 2V 2 26 26l Denver Detroit El Centro Fort Worth Fresno Helen Kansas City Las Vegas Los Angeles Memphis Miami Minneapolis New Orleans New York Oakland Airport Oklahoma City Phoenix Portland. Ore. Red Bluff Reno Sacramento Salt Lake City San Bernardino San Diego San Francisco A 40-42: Small A 34-35.

To consumers in large retail stores unchanged Large AA 59-67; Medium AA 53-5S; Large A 50-58: Medium A 48-55; Small A 41-48- Butter receipts 341.000 lbs" Jobbing prices to retailers in cartons unchanged. (f i trii ri mi 1 1 if 1 1 1 1 ji i ii i Mt 1 1 i 1 1 1 1 ii mi 1 1 in umt 1 1 ii i 1 1 1 1 1 i 1 1 1 1 1 1 1 1 1 1 it ii tiii ii 1 1 1 1 1 1 1 1 1 1 1 ii i NOW! 4 Second Copies Made the All-Elecirie Way Cheese receipts ids. Live poultry unchanged. 16 40 48 26'r4 43 41 1 4'4 31' 30 'i 15', 13 16 39 264 43 'i 41 7S. 3- ii-s.

30' IS', 33'8 135 48 93 17 45, 21 77 30 33 4S 90 43 38 34 5S 98 33 63 7 43 81 85 46 59 53 39 20 33 53 97 27 23 69 45 98 36 lioi 20 48 47 39 49 Kennecott Lehman Cp LOF Glass Libby Mr.V Lockh Air Loew's Inc Lone Star Macy Co Martin Co McKes Mont War Natl Biscuit Natl Cash Natl Dairy Natl Distil Natl Gyps Natl Lead Natl Linen Natl Supply Natomas Co NY Central No Am Av Nor Pacific Ohio Oil Co Olin Math Pac El Pacific Ltg Pan Amer Paramount Parke Dav Penney Co Penna RR Pepsi Cola Phel Dodae Philip Mor Phillips Pymth Oil Proc Pullman Co Pure Oil Co Radio Corp Raynr Inc Repub Stl Rexall Drug Rey Tob Rheem Mfs Richfld Oil RKO Picture RKO Thea Safeway St Schenley In Sears Roeb Shell Oil Co Sinclair Oil Vac So Cal Ed Sou Pacific Sou Rwy 15perry Rand Std Brands Std Std Oil Cal Std Oil Ind Stude Pack Sunray Oil Texas Co Tide Water Trans Air Transamer Tent Cent Un Carbide tin Oil Cal I Pacific Air I "nit Aircft I'nited Corp Gas Im Pipe Rubber Steel Warn Bros West Union Weste Air Wests EJec Wool wort Youngstown 9 51 34 SO 4' 30 53 19 33 81 67 76 51 56 123 28 41 11 10714 62 8 27 332 45 26 39 25 64 382 42 70 6 36 29 60 60 21 20 32 59 48 103 ACF Indus 64 '4 Cin 28V, Air Reduc 44 Clev El 111 40 Alleg SU 42 Colg Palm 584 Allied Ch 124i Col Brd A 27 Allied Strs 52 'i Colum Gas 16 Allis Chal 73 Coml Cred 506 Amer Air 26 Coml Solv 20i Am Not 28 Comw Ed 42 Amer Can 48 Cons Edis 48 Am Motors 7 Contain Cp 79 Am Pot Contl Can 434 Amer Rad 23 ConU Oil 125H Am Smelt 55 Corn Prod 31 182 Crane Co 41 Amer Tob 79 Crown Cork a 16 Am Viscose 43 Crown Zell 69 Anacon Cop 79 Curtis Wr 30 Armco Stl 56 Douglas Air 80 Armour Co 20 DuPont Co 234 Atch Top 361 East Air L. 51 AU Refin 41 East Kod 90 Avco Mlg 6 El Auto 3S Bald Lima 34 Fair Morse 40 Bait Oh 46 Flintkote Co 39 Bendix Av 2 Ford Motor 59 Bethlehem 364 Gen Dynam 60 Boeing Air 79 Genl Elec 62 Borden Co 60 Gen Food 93 Borx Warn 49 Genl Motor 45 Briaes Mfa 23 Genl Tire 62 Bui lard Co 31 Goodrich 8S Burroughs 36 Goodyear 7.3 Cal Pack 44 Gt No Ry 46 Canad Dry 36 Greyhound 14 Canad Pac 35 Gulf St Ut 39 Case. J. I. 35 Homestake 36 Cater Trac 68 Intl Harv 35 Celanese Co 18 Intl Nickel 94 Ches Oh 60 Intl Paper 335 CMS 23 Intl 36 Chi Nw 26 Johns Man 53 Chrysler Corp 75 Jones 50 Cdn AU Oil Cert-td la Chic Crp 1 Col Gas .90 Cons Ch Cons Ed NY 2.40 Cons Eiectrodyn .40 Cont Can 1.80 Crane Co 2 Crestmnt Oil Cub Am Oil Cudahy Pack Curtiss-Wr Deeca Rec 1 El Prod .80 Elect Data Exeter Oil Bk 12 Fitz Strs 'A' 1.20 Ford Formst 1 Frueh Trail 1.40 A Totally New L.A.

Produce After you've reached the bottom of this column reading every word along the way you can add this degree to your name: PMD. Ready? Let's What's the best thine to do with money loft over after my livinsj expense are paid Got some left over? Congratulations. Mr. Micawber might have said you've taken a very important step along the road to contentment. Next step is to be certain you have provided for family emergencies.

This done, the next question is 18V 14 8 28 'i 26V4 16 40 48'8 2634 43 41 '4 7 3'S 11 30 '1 15 Is 13 18 2 15 34 39i 33 60' 63't 7. 45 33 LOS ANGELES (API fFSMN Canta loups weaker: lettuce slightly wkr: squash Italian slightly stronger, others IV; 2 15 2 15 about stdy. Seattle Spokane 34 34 Cantaloups: Mexico Jbo crts 27s 8.00. Lettuce: Dry pack crts Blythe 34-4 Washington, D.C. Idea in Office Copying NEEDS NO CHEMICALS OR NEGATIVES doz.

2.75-3.25; Phoenix 4 doz. 3.00-3.25: lelano 4 doz. local 2(4 doz. Bronze Type 1.50-2.00. Squash: Fits Italian Imp Vty-Coach vly 19' 33 -1, 6t)'t 63' '45-, Gen Dynam 2.20 Gen Elec le Gen Explor Gen Motors Gen Paint 19' 32-i 60' 3 '4 7y 45 33 4 4 45', 3.25-50; Summer Imp Vly 5.00; Yellow Crooknerk Imp Vly 6.00-6.50; Table Queen Florida bu bskts 5.00; Banana local lb; Hubbard local-Ventura Co 6.5-7 lb.

Accord Reached With Atomic Plant Workers OAK RIDGE, Tenn. (m Union and management officials have reached agreement on a new three-year contract covering 4,400 work How can I make what loft work as Gen Pub Svc 4 The New 45 Gen Tel 454 Gladn Prod 3 00 Gladding McB 3.40b xd 28'i Cotton Market 2 95 3 00 28U 28'4 SECRETARY COPYING MACHINE 39s- NEW YORK AP1 Cotton futures closed hard for me as I worked for it An interesting experience lies ahead. You may now be ready to i invest some And maybe you should consider common 20 cents bale higher to 55 cents lower. High Low Close Investment Funds May 35.65 35.60 35.63 Jly 33.77 33 57 33.60 ers two Oak Ridge atomic; plants. A spokesman for Union Carbide; .27 73 -i 34 14 35-4 46 1 15 25' .19 39 39 27 27 73 73 1 1 34 34 36 35 46 46 1 15 1 10 25 25 .19 .39 8" 8 (Furnished by Dean Witter Co.

Oct 32.23 32.06 32.1' Dee 32.29 32.14 32.15 BID ASK Affiliated Fund 6.18 6.69 Atomic Devel. Fund 15.14 16.52 Gliddn Co 2 Good Hum GdiT Gt Lakes Oil Greyhnd 1 Hancock Oil -A' Hilt Hotels 2 Holly Lev Howe 4e Imperl De Intex Oil Line Pet Lorillard. 120a Martin Mascot .08 Merch Pet Mar 32.27 32.30 32.10-11 Citrus Shipments LOS ANGELES API The Federal State Market News Service reported Tuesday grapefruit dull, prices unchanged; lemons and oranges steady, prices unchanged. Sunkist Growers Inc. reported Tuesday all auction markets California oranges were lower.

Representative prices by sze: Sunkist, first grade 50s 3 36 63s 3.16; 75s 2 5: SSs 2.87: 100s 2.8S; HOs 2.82; 12fis Brand 1 Phone for Free Demonstration or See It at 1 BARNUM FLAGG CO. 1 43? Court St. 442 Third St. Phone 2165 Free Parking 1 iiHiMiMiiiiuimiiniiniiMHiiiiiNiMiniMiniiiiiuiiiiiiHiHMiiuiniHiiitiiiiiiiiiiiiiiiiiiiiiiuiniiiiiiiiiiiiiiiiiiiiii 8 May 32.30 32.01 32.02 Jly 31.46 31.37 31.37B Middling spot 36. SON unch.

Nominal; Bid iNuciear uo. said terms were worked out in weekend negotiations with the Atomic Trades and Labor Council in nearby Knoxville. Carbide operates the atomic facilities here for the federal 3 55 3 50 3 55 20 20 20 33 li 33 33 2 10 2 10 2 10 Boston Fund 17.18 1S.57 Broad Street 23.23 25.11 Bullock Fund 13.15 14.41 Chemical Fund 17.85 39.31 Colonial Fund 31.92 23.79 Commonwealth 9.67 10.51 Delaware Fund 31.46 12.60 Dividend Shares 2.88 3.16 Diversified Growth 12.61 13.82 Fundamental 37.no 18.62 Metal Market 0 0-4 b' 2 66; 144s 2.53. Choice, second grade 63s 2 65; 75s 2 43: SSs Z40; 100s 2.37; 110s 3.36; 126s 2.15. NEW YORK CUP) Citrus: California Navels: 13 cars, lower In spots, half boxes $2.67.

Lemons: 6 cars, lower, half boxes J3.34. 30 30 47 47 3 3 17 17 2 2 33 33 30 .31 2 90 2 90 24 'A 24 2 30 2 30 3 3 NEW YORK Custom smelters prices for delivered metals, cents per pound unless otherwise designated. Copper: Electrolytic, delivered U.S. destinations 46.00; ta.s. N.Y.

equiv. nom. lake, delivered, U.S. destination nom. 46.00.

Lead: Common New York 16.00; St Louis 15.80; foreign, gulf ports unavailable. Zinc: Prime Western New York 14.00; East SL Louis 33.50. Mid 1H 504 Monsn 3b 4714 Dia 3' Eng El 1 17'i Idria 234 Nia Mhwk Pwr 3.80 33'4 Nordon 32 Norris Oil 2 90 Northrop Aire 1.60 24 Occid Pet 2 40 Oceanic Oil 3 Pabco Ue 39H Pac Clay Pd 120 26', 5 Red Vi, 274 Pac Lgt 2 394 Incorporated Inv 20.08 2X71 Keystone Cust. Funds: B-l 26.32 27.47 B-2 25.54 27.86 B-3 19.23 20.98 B-4 11.01 12.01 K-l 19.40 2L16 K-2 12.55 13 69 S-l 17.52 19.12 S-2 13.05 14.24 S-3 14.53 15.86 4 10.44 11.39 Cdn. Fund 11.21 12.13 39 39 25 26 27 27 39 39 1-acir Pete 17 17U 1714 L.A.

Grain Bit mbuM hi Mass. Inv. 35.83 38.74 rac- 1 1 I 139 133 139 Am A .80 201 20 204 Mass. Growth 10.89 1L77 Television Fund 12.14 13.23 Wellington Fund 27.84 30.34 I rem rtrt Zi Phelps 3a 69 RKO Th 10-4 Resrv 0 32 Reynolds. 2.80 Sl Rhem 2.40 34 '4 Chicago Grain CHICAGO (UP) Prices In grain futures Kice Rockwett Spg Ax 2 Sfwy 2.40 SD .88 Schenley 1 Seab Fin 2 Servomechanisms .40 Sig A i-: i8-'-i ih- 1 i 2Skdf xt 'VH Sinclair 3 Scny 2a were steady to weak on the Board ot Trade Tuesday.

Wheat, was unchanged to SH cents a bushel higher; corn was to 1 lower; oats to lower; rye to 1 lower, corn was to lowerH lard 5 to 13 points a hundred pounds higher. CASH GRAIN CHICAGO AP) Wheat: None. Corn: No 3 yellow 1.40. Oats: No 1 heavy white 6SH: No 1 extra heavy white No 3 6. Soybean oil: 14H; soybean meal: 49.50- 5(1 .09.

Barley nominal: Malting choice 1.30-40; feed OK. LOS ANGELES Quotations nominal, subject to market fluctuations. Cash prices per bulk carlots, wholesale only. No. 2 10-day shpt.

Spot W. barl. 46 lbs. 2.46J4 9 2.47 2.45 it 2.47, Corn. TC 3.44 0 3.46 Milo 2.S334W2.75 CAR RECEIPTS Wheat.

barley. 15; milo, 7: flour. 14; bran, cereal. rye, hay, 70. L.A.

Hay Prices LOS ANGELES Alfalfa: U.S. No. 1, 33.00 34.00; U.S. No. 2 leafy.

31.00& 32.00; U.S No. 2 green, 31.00S 32.00; U.S. No. 2, 23.00S29.50. Grain hay: No.

1 barley, nominal; No. 1 oats. 39.0041.00. FOR BOTANY TEACHERS ITHACA, N. Y.

(UP) The Botanical Society of America will sponsor a summer institute of botany for teachers from small colleges from July 2 to Aug. 11 at Cornell University. Ed Z40 SCG pf 1V4 Cal Pete St Cal 3b do 5UI Stud-Pack 51" 514 ST WV f.V 106-106106 V'i 5ar MV VL 534 534 534 i JL' rfg I Sunray Oil 1.20 Tidew A Oil Transamerica 1.40a stock. Ownership of stock makes you part owner of a company. You share in its profits usually paid to you as dividends.

If it grows and prospers you can grow and prosper. And now we come to an important But what if the company doesnt crow and prosper? Keep that little sentence in mind when you invest. Companies don't always pay a dividend and stock can go down in price as well as up. It's your money and you want it to bring you an income. And it can if you look carefully before you leap.

This means get good advice and the facts about the company its products, dividends, present standing. Now it's time to ask: Don't I have te be a plutocrat to buy stocks Pardon our smile. Three out of four people who own stock have incomes under $10,000. Some of them are buying stock with as little as $40 every three months through the Monthly Investment Plan. Now one more step Where de I set information That's easy any Member Firm of the New York Stock Exchange will be glad to advise you about stocks or bonds.

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Send in the coupon now for a free copy of this booklet. You are now eligible for th degree of Doctor of Pocketbook Management. Owe your share ef American business Members TreeS 14 Union. Oil Co 2.40b Unit Fr 3 Steel 61 604 604 I i ff "'iXi V-? Kf 4 Bank Clearings SAV FRANCISCO (APwRank dealings: San Francisco $120,100,000. Oakland J11.450.S21.

Berkeley debits: 9.269.6n. Los Angeles debits: Tuesday 267.310.73S; last year 2S5.442.762. Vanadium 2e Westinghse Elec 2 Williston Ba Oil Co Wilson is? isi2 Woolw 2" 49 Announcement: Dalail of a town hous garden as designed by THOMAS CHURCH, outhor of "Gardens Are For splendid example of the use of strong, year-round pattern (n paving, walls, and minimum planting for seasonal color. How to make your Title Insurance and. Trust Company of Los Angeles ts proud to announce its recent affiliation with Pioneer Title Insurance and Trust Company of San Bernardino garden through-investing jj 1 v.

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With no changes in management or policies, Pioneer Title Insurance and Trust Company now has available the added facilities and experience of Title Insurance Trust Company, which has current assets in excess pf $44,000,000. New York Stock To totSd lit tomforf wKm yo'r fully dru4. wear IOUIS ROTH CtOTHES "th mott co(ortabl cloth yo con wor" TaileiW in Col'iforwm Exchange Send for New Free fa iv IXVESTMENT FACTS NAME Mail to your local Member Firm of the Stock Exchange, or to New York Stock Exchange. Dept. 6G.

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