The Kansas City Times from Kansas City, Missouri • 45

15 THE KANSAS CITY TIMES THURSDAY JANUARY 4 1968 Social Security II INVESTING COMPANIES New Law Provides More Benefits for the Disabled Tmandal front NEW YORK CAPL following quotations supplied by the National Association of Securities Dealers Inc are the prices at which these securities could have been sold (bid) or bought ski (asked): Inves Bos 1370 1497 Invest Group: Mut 11271225 Stock 2214 2406 Select 935 1005 Var Pay 914 994 Inv Resh 2060 2251 Istel Fd 2625 27U6 Ivest Fd 1728)889 nstn 2150 2150 stone Funds: us 2106 21 98 ifliiitetoiii ft Ask 336 998 7 Bid 307 909 866 127 344 (For Martin completely new booklet on the revised law send 50 cents to Security Booklet Boaf 1277 General Post Office New York City Y) 2226 2429 969 1058 932 1017 712 778 2206 2407 1109 1210 994 1085 763 83j 1700 1839 748 820 CUS B2 Cus B4 Cus K1 Cus K2 Cus SI Cus S2 Cus S3 Cus S4 Int Fd Knickb eligible for disability benefits is 20200 or the ability to see at 20 feet what a normally-sighted person sees at 200 feet This latter measure generally is called The qualifications also have been liberalized for persons who become industrially blind under age 55 but this handicap does not automatically entitle younger persons to disability benefits Benefits also are raised by the new Social Security law for some people who are receiving Social Security disability benefits plus compensation Both the old and the new law say that Social Security benefits will be reduced if work- earnings as those on which compensation Payments Soda were paid plus Soaal Security dsabhty maxfmum ast benefits add up to more than 80 The new jaw defjnes earnings as per cent of averagd earnings for actua earningwhich could be the five years of highest earn-j hjgher Sw the Social Se-I I curity wage base This more The difference between the old i realistic measure of earnings and the new law is in the defini- wni stop many Social Security tion of earnings The old law de-j benefit reductions Drive to Defeat Quebec I Separatists Montreal (AP)-About 50 businessmen in the suburb of Pointe Claire have started a campaign against proposals that the predominantly French-speaking province of Quebec separate from Canada Arth- ur Sequin Pointe Claire mayor who announced the campaign suggested that in- fluential Quebec residents be sent to all parts of the country to warn against possible consequences of separatism Sales Up and Profits Down Last Year for Recco Inc By Ben Schifman (The Star's Financial Editor) RECCO INC independent operator of leased phonograph record and musical instrument departments in discount stores as well as free-standing retail stores in shopping centers established record sales in the fiscal year ended July 31 Net profits however dipped 19 per cent and did not the levels the company had Harvey leaner president said yesterday in the annual report analysis of the operating Man 74 and His Wife 73 Off on Peace Corps Job New York just think we are ready to settle explained Dr Frank Herriott 74 as he and his wife 73 left by plane last night to begin a 2-year Peace corps assignment in Africa The couple said to be the two oldest members in the Peace corps were among 70 volunteers who left Kennedy airport on a flight to Amsterdam The group is on the way to assignments in Lesoto formerly Basutoland in Southern Africa Dr Herriott recommended the Peace corps for retired people It gives you a sense of he said only tough thing is learning new not so his wife stated had better scores than some of the younger TENDER FOR LINES Three Firms Offer $50 a Share for Million Shares Aberdeen Advise Fd Affil Fd All Amer Am Bus Am Divln 1186 1296 Am Grth 776 843 Anrlnv 3882 3882 Am Mut 993 1085 Am Pac Unavall Asso Fd 158 170 Assn InFd 779 779 Axe Houghton: Fund A 894 972 Fund 1098 1193 Stock 812 887 Sc! Elc 2358 2563 Blue Rid 14261558 Bondstk 706 772 Bost Fd 904 988 Broad St 14661585 Bullock 1527 1673 Can Gen 905 989 Cdn Fd 1793 1940 Capit Inc 883 968 Capit Shr 679 744 Cent Shr 951 1039 Channlnq Funds: Balan 1324 1447 Com Stk 204 223 Grwth 1871 2045 Incom 792 866 Special 335 36 Chase Fd 1312 1434 Chem Fd 1863 2037 Knick Gth 1352 1481 Lexinqt 1031 112 Lex Rsch 1770 1934 Life inv 659 720 Life Stk 438 479 Loomis Savles Fds: Canad 3726 3726 Capit 1380 138U Mut 1635 1635 Manhtn 1118 1221 Mass Fnd 1286 1405 Mass Gth 1278 1397 Mass Tr 1628 1779 Me Don 1266 1387 MidA Mut 753 823 Moodys 1754 1917 Morton Funds: Grwth 1405 1540 if she had earned at least six quarters in the last 13 For the large number of persons with serious vision handicaps the new Social Security law liberalizes the definition of Until now the Social Security law defined blindness as 5200 vision or less This igure vision means being able to see at 5 feet what a normally-sighted person sees at 200 feet The new definition making persons 55 years old and over 432 473 713 781 Unavail Unavall 1807 1807 268 273 Incom Insur MIF Fd MIF Gth Mut Shrs Mut Trust Nat WSec 1056 1143 Nat Invest 783 846 Nat Sec Ser: Citadel Cst Sec Colonial: Eouitv Fund GVwth Com StBd 1115 1219 588 643 520 568 782 855 620 678 921 10 7 1213 1326 Unavail Balan Bond Divid Pt stk Incom Stock Grwth Nat West Ih quart Anchor Hocking casserole Queen Anne electric warmer of $250 or more FREE! 322 352 Unavall 1712 1871 1383 1511 10431140 528 574 Commonwlth Fds: Cap Fd 2016 2203 Incom 1017 1111 Invest 10351131 Stock 10521150 Cwlfh 175 175 Cwth C8tD 194 194 Comp Bd 11061202 Comp Fd Unava'I Concord 2028 2028 Cons Inv 1337 1375 consm Inv 571 624 Conv sec 1239 1354 Cor Ld 1649 1805 entry Cap 1282 1386 Crown 691 756 deVeoh 7338 7338 Decat Inc 1287 1407 Dola Fd 1422 1777 NEA Mut 1206 1261 New Ena 1166 1201 New Hor 2677 2677 New Wld 1350 1475 Noreast 1687 1687 100 Fd 14051536 One WmS 17471747 Oppen Fd 2805 3066 Penn Sq 1700 1700 1525 1671 1114 1221 759 830 1217 1217 1299 1420 2414 2414 578 632 1144 1237 Phila Fd Pilgrim Pilot Pine St Pioneer Price TR Providnt Puritan Open a new savings account of $250 or more or add $250 or more to your present account and receive this beautiful and practical 1 -quart ovenware casserole and electric warmer Enjoy the convenience ofrefrigerator-to-oven-to-table cooking and serving with the same dish Elec- Putnam Funds: trie warmer keeps food piping hot at the table approved Limit one electric server set to each saver or family Offer expires January 10 1968 limited to supply Item not mailable you must come in to get it IV2 quart electric server offer available at any of these 5 First Federal offices: Equit Gorg Grth Incom Invest Rep Tech Revere 1206 1318 1651 1804 1300 1421 931 1017 859 939 668 730 1669 1824 Div Gr Div Inv Divfd Shr DowTh In Drexel Dreyfus Eatn Bal Fatn Stk Fmpl Gr Fnerav Entnrise Fauit Fd 1544 1692 974 1067 377 413 815 1670 1670 1514 1657 1123 1627 176R 2904 3157 16 45 1645 Unavall 1060 1145 $140213 equal to 61 cents on the combined Class A and Class common outstanding compared with $173079 or 75 cents a share a year before Recco spent $120000 on new fixtures and remodeling The expansion in the last fiscal year and to date was accomplished without outside financing Net working capital on July 31 was $245350 up from $157760 a year ago Earned surplus amounted to $645001 against $504788 Insurance Mergers ALL THE INSURANCE of Progressive American Life Insurance company Huntington Va has been reinsured by Mid-America Insurance company of Kansas City which also has acquired other assets of Progressive America in exchange for 192672 shares of Mid-Ameri ca Prografsive Insurance has 25 million dollars of insurance in force aqd the annual premium income amounts to $600000 Stockholders of Mid-America have approved an agreement for Great Plains Life Insurance company Casper Wyo to reinsure the business taken over from Progressive American and the assets previously acquired by Mid-America In this transac tion which has to be voted by the shareholders of Great Plains Mid-America will re ceive 366000 shares of Great Plains stock Shareholders of Mid-America have authorized an increase in the capital stock to 602643 shares from 409967 shares and the par value has been reduced to $1 from $160 a share results reveals various reasons for the decrease in profits and procedures already have been instituted that will correct the trend and hopefully result in increased profits in the coming he said The company maintained a low retail price level in the face of rising operating costs To combat the trend the company is increasing prices sufficiently to offset higher labor costs Participation in audio components is a field in which immediate returns are small as compared with records but one which offers a greater potential for future profits he said Recco wrote off as an immediate expense the preopening and opening costs of 12 additional units opened during the lowest volume period of the fiscal year These departments produced good results during the holiday season and will be reflected in the results for the six months ended January 31 Laner said The number of departments operated on July 31 was 74 and this has increased to 85 since that date More Stores Additional openings are scheduled for this year including departments in the GEM store in Cleveland next month and eight departments in the Penney stores this spring volume of the free-standing retail stores was up appreciably in December and management is planning to increase the number of such Laner said Net sales for the fiscal year ended July 31 were $8388740 compared with $6566528 a year earlier Net profits amounted to This is the second of six articles on the new Social Security law By Martin Segal The new Social Security law meets a problem that has seriously affected ill and disabled widows not old enough to receive benefits For the first time since it was passed in 1935 the law provides for disability benefits for persons who are eligible on their (or earnings The new clause says that a disabled widow (or dependent widower) at least 50 years old will be eligible for benefits of from 50 per cent to 82 per cent of the deceased full benefit depending on age If a widow becomes entitled to this disability benefit at age 50 she will receive 50 per cent of her deceased benefit if she becomes disabled at age 55 she will receive 60 per cent of his benefit at age 60 she will be entitled to 71 per cent of his benefit at 62 82 per cent To get this benefit the disability must begin either before the death of the husband or within seven years after his death (It is assumed she will have had an opportunity to earn her own disability benefits if she becomes disabled after seven years) If the widow had been receiving benefits (as a mother because she had minor children to take care of) the seven years begins when her benefits run out (when the children reach age 18) The test of disability for widows and widowers is stricter than it is for workers A worker entitled to disability benefits if he is unable to perform work a widow las to be unable to perform any work However once the widow becomes entitled to disability benefits the less strict definition will be able to work a little so long as she capable of tial gainful One of the very important changes in the new estimated to affect 175000 children immediately changes the definition of a dependence on his mother Heretofore when a mother died her children received Social Security benefits only if she had worked for at least six quarters out of the last 13 before her death Under the new law child will be eligible for benefits based on his earnings if she has had at least one quarter of coverage for every year between 1950 and the year of death or every year from age 21 to the year of death Thus if a woman died this year at the age of 40 her minor children would be entitled to So cial Security benefits if she hac at least 18 quarters of coverage at any time in the past Eauit Gth 1813 197 Falrfd 1505 1 64c Frm BMu 1211 1211 Fed Grth 1504 1644 Fid Cap 1450 1576 Fief Fund 1831 1979 Fid Trnd 3039 3303 FIF Unavall Financial Proarm: Dynm Unava'I Incom Unavall Indust 1036 1135 Scudder Funds: Bal 1769 1769 Com St 1235 1235 Inti Inv 1457 1482 Specl Unavall Sec Div Unavait Sec Equit 1718 1878 Sec Inv 821 897 Selec Am 1169 1265 Shrhold 1266 1384 Sw Invest 943 1019 Sover Inv 1592 1744 Stalest 5100 5150 Steadman Fds: Am Ind 1277 1396 Flduc 905 989 Scien 802 877 Stein Roe Funds: Bal 2247 2247 Stock 1520 1520 Inti 1632 1632 Sterl Inv 1285 1389 Be good to your Earn a good return! On convenient promptly available Passbook Savings New Anticipated Annual Rate 4 0 On Savings Certificates up to 5 INSURED Each account insured to $15000 by FSLIC SAVINGS IN BY THE 10th EARN FROM THE 1st Earn full 6 dividend on June 30th POSTAGE Save-By-Mail and we pay the postage both ways Your money is conveniently available when you want it 4217 Blue Ridge Blvd (U Hiway 40 Blue Ridge BlVd Across from Blue Ridge shopping center) Free parking 85th Wornal! South Kansas City Free parking 019 Walnut Downtown Kansas City Park Shop Plan for savings customers Laure! Heights 9330 East Gregory Blvd Raytown Mo Free parking 2116 Swift North Kansas City Free parking New York Three companies said they would offer $50 a share in cash for 1050000 common shares of United States Lines company Companies making the offer are Matson Navigation compa ny Freight company and Waterman Industries corporation Last week Walter Kidde Co offered $4750 a share for 650000 Lines shares Lines management opposed this offer The three companies said their offer would begin January 4 and would expire January 18 unless extended Half of the shares will be purchased by Matson 45 per cent by Freight and 5 per cent by Waterman DEAL IS SEPARATE Paul Klein president said that reinsurance of Progressive American was not dependent on the transaction with Great Plains He also said Mid-America would become a majority stockholder of Great Plains if the shareholders of the latter company approved the purchase of the Progressive American assets previously acquired by Mid-America Thurs Mid-America with the ownership in Great Plains will have assets of more than 5 million dollars an annual premium of 2M million dollars and 75 million dollars of insurance in force Fs tlnStk Fletcher Fla Gfh Fnd Lf Founders Foursa Franklin Com Stk 774 Incom 299 1067 75! 4 73 872 14 33 Custdn: 1169 Unavall 870 515 953 1566 70 329 758 1440 1081 1707 1284 741 695 Sup InGth Teachrs Telev El Temp Gt Texas Fd TwenC Gth 678 TwenC Inc 636 692 1382 992 1562 1175 Resources over Loan 74 million dollar Association Member FSLIC First Federal Savings Pf Stk 758 284 Util 779 301 Fund Am 1169 1778 Fund Inv 11461256 Gen Invest 709 Gen Sec 1245 1245 GrotiD Sec: Aero Sc 1107 1713 Com St 11 76 2 tr United Funds Accm 1659 1812 Incom 1462 1598 Scien 998 1080 UnFd Can 661 724 Value Line Funds: Val Lin 1033 1132 Ful Ad Grth I nd Gryphon Guardn Ham hda Mann Hubs Fd Imp Cap Imp Gth Inc Fnd Inc FdB Indeoend 924 10 17 2306 7175 1749 7130 27 80 27 8" 555 607 1565 17 54 1754 1079 1118 8 56 930 1371 1444 777 849 1205 141' Incom Spl Sit Vangd Var IndPI Vikinq WallSf In Wash Mu Well Fd West Ind Whitehll 691 757 896 982 516 564 578 628 735 799 1211 1323 1333 1462 1295 14 861 941 1458 1576 Wndsr Fsd1867 2029 Winfield 1400 1530 Wiscon 774 846 Worth 816 889 Ind Trend 15 07 1647 Ind Fund 808 InsBk Stk 574 5 77 Inv CoAtn 14 73 1610 AMERICAN STOCK EXCHANGE GOVERNMENT BONDS closing prices of representative issues: Net Sales Close Ch 18 45a 23 13 19 26 239 25Vb Prec Flow Gen Inc GC Comout Gn Battery Gen Plywd Net Sales Close ch 333 31 3 9 8 Vb Polarad El Polter Instr Pratt Lamb Prent Hall Ms- i 26T 16Vb 10 10 33 Pa 14 18 1478 14 39V2 2 7Va Va 22 1 21 Vb 874 2 33'2 1 Va 17 12 17 Va 3378 46 1 24 PresReal A Proler Steel Purit Fash Pyle Natl Ramada Inn zamer Ind Rapid Amer iath Pack RealEst Inv Realty Eq Reda Pump REDM Corp Reeves Brd Reeves Ind Pioneer Aer Reliance In Rem Arms Resrch Cott Rest Waldrf Robin tech RIC Group Royal Amer Royal Indst Roy School Saxon Pap Sayre Fishr Screen Gem Scurry Rain Sbd All Mill seeman Br Sella Latz Servo Corp Shaft Denn Siboney Cp Signal Oil A SigOil 240pf SigOil 220pf Sia Oil lpf Silicon Tran Silvhay Lt Slmm Prec Skaaq Druq Slick Corp Solitron Dev Soss Mfq Sou Coast Acme Aero Aerojet Aerotica Aerosol Afleen Inc Alan Wood Allea Airl AllegCp wt Allied Art Allied Cont Alloys Unltd Allriaht Aut Am Petrof Andrea Ansul Co Anth Pools Aoollo Ind Argus Inc Ark LaGas Arrow El Asamera Oil Assd OII8G Astrodata Atco Chem Atlas Mln Audio Dev Auto Data AVC Coro Avien Avis Indust Baker Ind tald Mont anff Oil Barnes Ena Bartel I Med Bartons Baruch Post Einnev Ishoo Ind Bonanza Air Bowling Co Brad Fte Bradford randy razll Lt Breeze Co Brit Am Oil Brit Pet Brown Bruce EL BS FCo Bunk Ramo Burma Min 607 Ca Icomp 231 Campb Chib 76 17 69 30 78 19 16S 8 55 4 58 102 44 75 36 17 282 547 54 81 45 69 30 15 88 2 70 294 46 17 26 17 49 20 242 54 11 30 30 6 259 26 27 8 22 113 14 309 San 26 6 Va 7 8la 39- 9Va 6Va Vb 81 3 22 6 Vt 10 63Vs 1 Vi 22 l'e 14 36V 9 Va 12 6Va 40 7b 1334 14 3 10 41 24l 12 Vb 357s 7 25 12 3 1 7 Vb Vb 42 -3 73-16 TREASURY NOTES NEW YORK (AP) Closinq US Notes bid and asked prices in dollars eld The Stockbrokers To Know invite you to attend A Stimulating Investment Forum As Robert Johnson our Partner-in-Charge of Research discusses Investment Strategy in Today's Stock Market 291 453 5 39 4 26 58 183 24 61 3 36 72 72l 30 Vi 12 31 118 28Vb 13 15 21 12 216 3 3 67 66 24 84 12 20 31 17 14 4 17-- 13 1874 RVa 56V5378 1 8 49 1 2778 13 13 1'8 48 to maturity for Wednesday Feb 5 Apr 1 Vi May 43 i Auq 4 92 234 24 25 LIVESTOCK ELSEWHERE Chicago Hoq receipts 4-000 butchers uneven fully 25 cents hiqher fairly active No 1 and 2 190 to 230-pound butchers $1850-1950 around 200 head 200 to 220 pounds $2000 70 head at $2015 No 1 to 3 220 to 240 pounds $1800-1875 No 1 to 3 240 to 250 pounds $1775-1825 No 2 and 3 250 to 270 pounds $1700-1775 270 to 290 pounds $1650-1700 No 2 and 3 290 to 310 pounds $1600-1650 sows 50 cents hiqher active No 1 to 3 330 to 400-pound sows $1450-1525 No 1 to 3 400 to 450 pounds $1400-1475 No 2 and 3 450 to 500 pounds $1350-1425 No 2 and 3 500 to 550 pounds $1300-1350 boars $1150-1300 Cattle receipts 500 calves none slaughter steers active strong to 25 cents higher instances 50 cents higher on weights under 1100 pounds heifers active 25 to 50 cents hiqher cows slow 50 to 75 cents lower bulls scarce steady prime 1200 of 1375-pound slauqnter steers yield grade 3 and 4 $2825-2875 one load at the latter price hiqh choice and prime 1100 to 1350 pounds 2750-2825 choice 950 to 1350 pounds yield qrade 2 to 4 $2625-2750 mixed aood and Choice $2550-2625 good $2325-2550 high choice and prime 950 to 1075-pound slaughter heifers yield grade 3 and 4 $2625-2650 choice 850 to 1025 pounds yield grade 2 to 4 $2550-2625 mixed good ard choice $2450-2500 qood $2225-2450 high yielding utility cows $1650-1700 utility and commercial bulls $2000- 2250 Sheep receipts 200 wooled slaughter lambs and ewes fully steady choice and prime 90 to 105-pound wooled slaughter lambs $2350-2400 choice 80 to 100 pounds $2300-2350 qood and choice $2150-2300 cull to good wooled slauahter ewes $400- 650 National Stockyards III (AP)-Hog receipts 6500 barrows and gilts 25 to 50 cents hiqher No 1 and 2 200 to 230 pounds $1875-1925 230 to 250 pounds $1775-1875 sows 25 to 50 cents hiqher No 1 to 3 300 to 400 pounds $1375-1475 400 to 600 pounds $1 2 50-1 375 Cattle receipts 2300 calves 100 slaughter steers and heifers steady to strong with Tuesday average cows steady to strong slaughter steers choice 900 to 1200 pounds $2550-2700 good $2300-2450 slaughter heifers choice 850 to 1000 pounds $2400-2550 good $2000-2300 cows utility and commercial $1500-1700 calves steady to strongji choice vealers $3100-3600 good Sheep receipts 400 all classes steady slaughter lambs choice and prime 80 to 100 pounds $2250-2400 ewes $400-700 St Joseph Cattle receipts 3000 calves 25 steers and heifers 25 cents hiqher cows steady fo 25 cents higher feeders steady Prime steers $2675 choice and prime $2650 choice $2550-2625 mixed qood and choice $2450-2525 good $22 00-2425 choice and prime heifers $2550 choice $2450-2525 mixed qood and choice $2350-2450 good $2100-22 75 high choiS and' prime mixed yearlinqs $2650 utility and commercial cows $1600-1750 good 750 to 850-pound feeder steers $2200-23 25 Sheep receipts 800 all classes steady choice and Prime wooled and fall shorn lambs $2250-2350 utility and good wooled owes $45025 choice and fancy feeder lambs $2000-2200 Hog receipts 5500 barrows and gilts 50 cents to $1 higher No 1 and 2 190 to 230 pounds $1825-1875 mixed No 1 to 3 220 to 240 pounds $1775-1850 240 to 260 pounds $1725-1800 260 to 280 pounds $1650-1750 sows strong to 25 cents higher $1300-1450 1948 1968 1968 1968 1968 1968 1969 1969 1969 1970 11 30-24 18 1 13 Oct Nov Feb Apr Oct Apr Oct Nov 1003 992 9922 994 9710 9920 9930 9522 942 928 9024 9730 99 8912 9824 8724 9830 966 86 96 8424 10016 1005 996 9926 998 9718 9924 1002 9530 9410 9224 918 986 998 8928 99 88 996 9614 87 968 8524 10024 413 484 525 551 490- 554 558 492 495 496 495 569 564 492 558 498 560 573 494 573 491 562 not to Specfor Ind 6 Speed OP 84 Sid Dredq 16 Slanrock Ur 83 3 13-16 3-16 Staplng Mch 6 65 18 8 1914 36 Star Supmkt Stelma Step Chenfi Stephan Sterl Precis Stop Shop 8 Va 36 1 18 8 Vt 9l 23 Vb 1 5 5 1 1 1 1 1970 5 1970 Feb 5 1971 Apr 1 1971 May 5 1971 Oct 1 Va 1971 Nov 5 1971 Feb 434 1972 Apr 1 1972 May 434 1972 Oct 1 1972 Nov 5 1974 Subject to State income taxes Federal When: Wednesday evening January '1 Oth at 8:00 PM taxes but Giant Yell gilbert Svs len Dis Gloray Knit Goldfield Gord Jly A Gt Am Ind 8t Chem reer Hyd Grow Chem Gulf Am Cp GulfResr Ch Am Hall Lamp Halls Motor Harnisch Harvard In Harvey Rad Harveys St Hastings Mf Hebrew Nat Helen Rubin HlltonH wt Hoe Co Hoe 8 Co A Hofm Ind Hollinger Holly Coro Home Oil A Horn Har House Fbric Hubbell Hycon Mfq Hydmatic Hydmetal Inland Horn Int Holdina Int Stretch Interphoto Intex Oil Co Invest Roy Ipco Hosd Iroquois Ind Irvinq Air Jeann Glass Jeff Lk Pet Jeff Lk wt Jetrontc Ind Jupiter Cp Kaiser Ind Kaltman Co Katz Druq Kavanau Kaweck Lalqlon Lake Shore Leasco Data Lerner Str Levin Comp Lily Lynn La Land LTV Elec Lundy Elec Lynch Corp Macoid Ind Maqell Pet Maqna Oil Manqel Strs Mensfld TR Malrene Ind Marley Co MartinM wt MaryCart A MeryCart Masco Corp Maule Ind McCrory wt McCull Oil Medco Inc A MEM Co Menasco Microwav Midwn Fin Mill Fact Milo Elect Mo Kan ct Mohawk Air Molyb Can Molvbden MPI Indust Murray Oh Natl Alf Deh Natl Bell Natl Bowl Nat EqRent Nat Presto Nat Video Needhm Pk Nelly Don Nestle LeM Newark El Newldrla NewPk Min New Proc No Cdn Oils Noreast Airl Nuclear Am Okonite Co Old Town Suilavni Overhead Oxford Elec Ozark Air P8F Ind A Pac Indust Pac Nw Tel Pac Pet wt Pall Cp A Pancoastl Papert KL ParkElect A Pepsi Bot LI Phil Lg DIs Phillips El Phoenix Stl Pioneer Pia Plant Indus Plume Atwd PneumoPy So Pet 590 2 15-16 Vt Cdn Ex GO 264 7 1-16 Cdn oHmstd 107 4 15-16 Vb Sdn Javelin 228 107e Va dn Marc Cdn SuoOil Canav Int Castle AM CB Klndust CCI Corp Cen Secur Century Geo Charter Oil Chief CMng Christiana Cinerama Circui tFoil Oark Cbl Clarostat Nary Corp Coburn Coffee Mat Cohu Electr Coleman Co Colonial Sd Compu Dvn Conchmco 10 21 242 12 138 25 1 14 I8V2 Vi 18 16 18 4 7-16 Va 115 7Vb 5 9 9V2 Va 9 17 1 7b 26 V2 1 Vi Vb 41 Vb IOV2 Va 77 7a 14 118 314 52 27 8 148 120 19 57 2 85 500 13 DIVIDEND NEWS 25 1 Vi 2'e Va 6478 278 63 4-1 73 39 2Va 53 3 36 1 35 1 5 Va Va 8Va 8 Vb 18 6Va 21 Vs 55 3 6 Va 16 1 23V? 7a 31 Vi 2 57 98 5 58 4 Vs 27 Va 8A A 4 38 1 Va 24a Vb 16 21 14 34 30 3' 23 49 181 200 264 279 3 14 46 6 15 235 Where: Plaza Inn Regency Room 45th Main Kansas City Mo 39 3 89 54 31 Wednesday's Final Dividends Declared Pe- Stk of Pay-Rale riod Record able STOCK Interst Dept Strs (z) 1-18 2-15 A 5 for 4 stock split Iroquois Indust 2pc 2-1 2-28 Originala Inc (v) 6 1-15 1-31 A 5 for 3 stock split Raqen Precis Ind (A) A 2 for 1 stock split subject to approval INITIAL Ocean 10 1-15 2-1 INCREASED Pillsbury Co 3125 2-7 3-1 EXTRA Lance Inc 08 1-15 1-22 4 IRREGULAR Fidelity Fund 185 1-3 Fidelity Trend Fd 314 1-3 Foursquare Fund 79 1-3 REGULAR Buckbee-Mears 15 DenvRIEstlnv Assn 15 1-15 1-12 2-5 2-5 1-26 2-15 1-22 14 75 102 194 34 114 55 174 37 102 39 83 610 35 27 290 397 11 189 82 344 32 335 17 74 93 69 1127 204 30 26 16 105 11 213 46 2 30 21 18 43 375 83 34 78 34 159 59 36 Struth Well Stylon Cp Supercrete Supmkt Gen Suprerifcs Susquehan tusqueha pf vnteA Systron Don Talley Indst Tech Opertn Tecbnicol Telepromp Televis Mfrs Telex Corp Tenney Enq Term Huds Texstar Cp Thomp Star Thriftimt A Tool Resrch Tran Beacn Trans Carib Trans Lux TWA wt Tri Cont wt Tyco Labs Unexcelld Unit AircPd Unit Asbest Un Can OG Unit Foods Un Imp Inv US Filter US Leasing US Radium Unlv Mar Uris Bid wt Utah IdSua Valley Me Valspar Valve Corp Vernitron Vtoreen In Viewlex Va Iron CC Wabsh Maa Walth Prec Warner 7Art Westb Fash Wn Nuclear Wn Stk In Wheelbrat White Cross Whitehal El Whltina Co Wllshire Wilson Co Wilson Bros Wood Ind Woods Corp Wrlqht Harg Wyomiss Zale Corp Zap Off Sh Zero Mfq 11V 1 Vb CLOSING LIVESTOCK QUOTATIONS Cattle and Calves 40 3974 17 17 7V2 49 126 153 3374 5524 ib 11 'a 17 3-11 3-1 2-15 1-22 1-31 1-31 2-15 3-15 2-1 1-25 2-15 2-5 4-1 1-31 3-15 2-15 2-16 2-1 1-18 1-15 1-17 1-15 1-19 2-29 1-15 1-8 2-1 1-15 3-1 1-17 3-1 1-31 8 8 8 Houston Inaersoll-Rand Interst Dept Strs Lance Inc Nat Realty Inv Oriqinala Inc Pac Ltg Panhandle East PL Pennsalt Chem Puritan Fund Redwing Carrier StdBrands Paint Stop 8 Shop Suburban Gas US Truck Lines Wise Pow Lt 25 50 20 075 375 40 30 09 13 125 225 17 25 29 Con dec Cp Con Leasing Con Oil Gas Cont Mater Cook Elect Cook Pt8tV Cooper Jarr Creole Pet CrnCen Pet Crown Drug Cubic Corp CutterLab A CutterLab Data Cont Day Mines Defiance In Diqital Eqp Dixilyn Cp Dome Pet Domtar Dorsey Corp Driver Harr Drug Fnir Duval Corp Dvnale Cp Edo Corp Eh-e-mh Elev assist E'ect Comm Elect Resch Electronic Et-Tronlcs Eouitv Corp Erie Forge Espey Mfq Esse xCh Evans Aris Exqu Form Famous Art Fanny Far Farqo Oils Fed Resrces Felmont Oil Filmyays Flnan Gent Fischer Por Frontier Air Gale Indust Garan Inc aatew Sport CA Corp 1 14 70 25 23 14 4-39 lVa 9Vi 51 1 157-8 17 Va 217 1434- Vi 35' 734 Va 10 13-161-16 8 36 1 14 31 78 714 27 117 29 Va 35 134 12 927 2 24 21 286 11 171 23 9 53 91 34 2 5 111 39 Slaughter Choice 900-1000 pounds Choice 1100-1300 pounds Good 900-1000 pounds Good 1100-1300 pounds Slaughter Choice 700-900 pounds Choice 900-1100 pounds Good 800-1100 pounds Good 600-800 pounds Slaughter Commercial Utility Cutter Canner Slaughter Good Commercial Utility Feeder Prime 300-500 pounds Prime 500-750 pounds Choice 300-550 pounds Choice 550-750 pounds Chdce 750-1000 pounds Good 300-500 pounds 550-750 pounds Good Still more Inflation: how does the investor protect himself? That's the theme of Mr Johnson's informative discussion on today's economic realities You'll hear him get right to the heart of the matter: Why we seem to be caught up in a whirlwind of rising living costs and what he believes you can do about it No generalities either Mr Johnson will zero in on specific industries and specific companies And he will suggest investments which in his opinion have the growth potential needed to protect the purchasing power of your dollars After his talk Mr Johnson-will answer questions you may have about investing or investments All those attending will receive a free Investment Library specially prepared investor kit containing a wide variety of useful and timely investment literature Attendance is free but reservations are necessary To make yours drop into our Kansas City office or phone GR 1-8600 Or mail this coupon below BEEF PORK FUTURES Chicago Live beef cattle futures were steady to 12 points higher yesterday at the Chicago Mercantile exchange: Prev Low 2575 2495 2505 Feb 636 2590 2575 25'82 6 2572-70 Apr 123 2500 2495 2497 2495 Jun 112 2510 2505 2507-05 2500 24002650 24002625 2050 2450 20 00 24 50 22752525 22752550 19502300 2350 1625(3)1750 1625 1775 15751650 15 0016 00 20252200 20002150 20002100 27503350 24502825 25003300 23752800 22002500 2200 2750 21502550 19562400 22502700 00235J 7874 3 39 390 6 7'a 145 11 12 23 25 24 22 28 Jui 2602 2602 Jul (new) 3 2542 2542 2542 2535 Aug 51 2572 2565 2565 2565 Sep 2580 2580 Oct 25 2590 2587 2587 2585 Dec 9 2592 2575 2592 Western live beef cattle futures advanced 10 points: Feb 2552 2550 Abr 2 2560 2560 2560 2550 Jun 2577 2577 Live hog futures were down 20 to up 37 points: II: 00 197 Meabr 1865-60 Bonds 6s84 1 33 23 336 58 6 70 94 NBellH 2 Va 18 23l 13 74 54 Robert Johnson Paine Webber's Partner-in-Charge of Research began his career teaching economics at Columbia Then he joined one of the world's largest banks and rose to become a senior investment research executive For several years before joining Paine Webber Jackson Curtis he was research director for a leading West Coast investment banking firm Keenly interested in raising the professional standards of securities research he has worked to promote the Institute of Chartered Financial Analysts Symbols are the same as for the New York Stock exchange Good 750-1000 pounds Feeder Choice 300-500 pounds Choice 500-700 pounds Good 300-500 pounds Good 500-700 pounds 1950 Hogs Barrows and 1-2 200-220 pounds 1-2 220-240 pounds 1-3 220-240 pounds 1-3 240-270 pounds 1-3 270-330 pounds H' H' 3KM00 pounds 2-3 400-500 pounds MIDWEST STOCKS 1875 1890 1870 IS 80 1890 1880 1920 1960 2047 1960 1920 18251850 17751850 17751850 17001800 1920 1955 1860 1870 1922 1975 2035 1975 1960 to 45 1955 2047 1960 1960 Apr May Jun Jul Aug Sep Frozen pork bellies points: Feb 21 10 Mar 1059 Mav 509 Jul 232 Aug 50 2035 3165 3175 3210 3250 MISSOURI CASH GRAIN Jefferson City (AP) Soybean prices paid to farmers In Eastern Missouri yesterday were mostly steady three cents hiqher to 1 cent lower the Missouri Department of Agriculture reported Corn was mostly steady Soybeans Corn rail points $249253 105 255 lO4105 2 64 266 112(8113 105(3110 261 265 109(3110 239251 104108 Western Missouri were Corn was mostly steady Baroe St Louis rail points Barge Cent elevators Soybeans in mostly steady 1960 gained 33 14751500 13751475 13001375 3200-05 07-05 3207-05 3160 seats for me at Mr Johnson's January 10th 3167-60 3165-70 3240-42 3200-05 3282-75 323735 3190 3155 Please reserve lecture 1 cent higher to 1 elevators St Joseph Kansas City Missouri pineeD Lambs (wooled) 80-11 KWe 22 50 2350 Choice 21502300 Ewes (wooled) 90-150 a an COTTONSEED OIL New York Bleachable cottonseed Closings: tember 13 S5t Julv' 13 0 Sep- Chicago The ranqe of prices on representative Issues on the Midwest Sto axchanoo: Actual Net Sales Hiah Low Close Cha Belden 160 6 37Va 37 Sent SW 160 1 45 45 45 1 en Box 16a 8 12 12 12 Heilman 145q 2 51 51 51 NorlllGas 152 28 34 3334 34 Potter Co 1 87k 87b 87-e COPPER FUTURES New York Copper futures closed 65 fo 115 lower sales 438contracts Januarv 6260 March 5705-15 May 5315 July 5035 September 4835 October 4975 December 4715 Januarv 4651 COCOA FUTURES New York Cocoa futures closed 5 9 lower sales 2109 contracts March 02 May 2856 July 2907 September 49 December 2960 March 2972 Mav 2995 Spot accra 31 cent lower Soybeans $241 244 249254 252 238244 NAME Corn $104106 107112 113 110125 Open interest: February 7397 March 4661 May 3845 July 2518 August 772 SUGAR FUTURES New York Domestic sugar futures No 10 closed unchanged to 1 higher sates 95 contracts March 742 May 743 Raw sugar spot 740 World sugar No 8 closed 4 to 10 lower sales 2272 contracts March 2656 2-78-79 November 282 March 295 May 299 PAINE WEBBER JACKSON CURTIS Members of the New York Stock Exchang address COFFEE FUTURES mtos No 4 freight of ferings Include Santos bourbons 3S at 3750 IS and closed at 3725 Cost ai 3700 futures closed quiet no -TELEPHONE sates POTATO FUTURES rirvwf Mures closed unchanged to 3 cents New York Mercantile Sails 963 contracts March 207 April 2 Si May 258 November 234 Mav RAW HIDE FUTURES New York Raw hide futures closed 5 higher sales 8 contract January 1156 Soot light native I Ill Tenth Street Kansas City GR 1 -8600 i a READ AND USE STAR WANT ADS.