Oakland Tribune from Oakland, California • 18

13 OklaublCributit Oct. 1 5, 197 1 BART Insurance ft. Proposal Delayed Mad Exclusively By ROGER E. SPEAR NEW YORK I would be A relative convinced me grateful if you would give me to purchase Fairmont Foods By HARRE W. DEMORO Tribune Staff Writer (NYSE) in 1964 and again in 1965.

My 100 shares, which cost an average of $25, are now worth $14. Income is my mam concern as I get only $65 monthly from Social Security. What would you advise me to do with this unfortunate in- informhtion on RCA (NYSE): I am disturbed about their dosing down their computer business. Should I bold or sell? A.P. -A The immediate investor reaction to RCAs announced withdrawal from the general Bay Area Rapid Transit direct ms have made it dear they wont be hurried into abandoning an insurance program that totals $175 million premiums, and a $125,000 We are all convinced it is a wise move for the district, Nelson told the directors.

In phasing out the company, BART will take over the insurance program, which in- Kever-but in ifcsWory has Sherman Clay offered such a fine quality piaro at this unbelievable fow pricl Its eur way of saying THANK YOU for 100 years of confidence. Features not found in any other piano. Life-Crowned Toneboard is guaranteed for a lifetime against cracking, warping, or loss of crown. Vibratone panel gives you up to 22 greater sound. Longer string length than a spinet, therefore, a more resonont tone.

Plus beauty you can see and quality you can trust. vV-, $995 VALUE TERMS, of course SUPPLIES ARE LIMITED private insurance operation. Nelson, BARTs con-; toiler, asked the district Ad- ministration Committee this week to approve a plan to feliimrrate Transit Insurance Administrators program and -hire some of the firms per- will be increased 'onnel. He said the move and a savings. -would 6ave at least $40,000.

Transit district President The committee approved James P. Doherty said he Hhe plan, but said it would not couldnt understand why the Recommend final board action partners would agree to the until later this month. Nelson transfer before 1973. Nobody action yesterday. is giving 40,000 bucks away, Nelson also proposed that he said.

Hoagland, one of the sev- I hate to get something en remaining insurance firm like this at the spur of the mo- "partners, be hired by the dis- ment, added Director Wil- A A recent shift in top management may help reju-v a Fairmonts anemic profit margin. In the first half of the year to end Feb. 29, 1972, sales gained 6 per cent and earnings dropped 23 per cent to 53 cents a share. A competitive price squeeze in dairy operations and reduced snack food sales were cited as the main causes for reduced earnings. Hold for generous (6.8 per cent) yield and recovery possibilities.

Roger f. Spoor cannot answor all mall personally, but will amwor all questions possible in his column. Address your Inquiries to Roger E. Spear, Dept. OT, box 1l(, Grand Csntral station, Now York, N.Y.

10017. (C) 171, General Faaturas Coir. Home of the World's Finest Pianos and Organs 444-8440 527-5400 357-9717 783-7474 -OAKLAND 2135 BROADWAY ALBANY 518 SAN PABLO AVE. SAN LEANDRO 14340 E. 14th ST.

HAYWARD 388 SOUTHLAND MALL WEST COAST LOCATIONS TO SERVE trict for $25,010 a year, as insurance manager. Hoagland would no longer be a partner and would dispose of his holdings before taking the district job. mm. -Strongly favorable. The enormity of the potential write-off $250,000,000 after taxes, a rec-, ord of sorts was apparently Ignored by enthusiastic buyers.

More sober second thoughts, however, will probably help to deflate the recent price bubble. Recent acquisitions have strengthened and expanded RCAs consumer product and service operations. Longer term, these key areas, paced by color TV, should provide a solid base for profit growth. Although near-term outlook is clouded by reduced revenues from boarcasting and bases incurred from oomput-, er operations, improvement beginning in 1972 is anticipated. Shares may be held on -that basis.

Please give me information on Grass Valley Group (ASE). R.C. A Company manufactures specialized electronic equipment used primarily by the broadcasting and television industries. Television accounts for about two-thirds of volume and in 1970 one installation alone contributed per cent to sales. As a result, Grass Valley is highly vulnerable to cyclical swings in that industry.

Reflecting reductions in equipment demand, sales for the first half were off 28 per cent while earnings dropped 36 per cent to 16 cents from 25 cents per share. BUILDING LUMBER, PLYWOOD liam Reedy of San Francisco. There are a lot of questions here. Nelson said the action had to be-taken -soon -because BART is moving to its Oakland headquarters building in December and the TIA staff will move, too. There are some personnel questions that Id like to ask, but I dont want to do it in public, Reedy explained.

Are we benefiting the He said be thought the key to the changeover was Hoagland, whom he praised. Reedy said he wanted to he sure Hoagland would stay witt the district for a while. He (Hoagland) came out MAMLITE BATHROOM KITCHEN PANELS Fantastic truckload purchase OPEH TOrilGHT FREE ORANGE HONEY LB. TABLE JARS. ONE PER FAMILY COMPROMISE jCity Center" Name for BART Stop SIDING EXTERIOR 1x8 Pine Rustic Select-14e FT.

Cempleti Kits Kit Consists of: 2 Shoots 5x5 Panels, All Moulding, Adhesivas 2x3x1" Pad azed MIRROR TILES DOUSE SIDING 4x8x38" MAHOGANY SAWN FACED Corkl69 Reg.229 4xSx5b" Rev. Batten. Mill certified stock ATTENTION APARTMENT OWNERS, CONTRACTORS AND HOME OWNERS Special purchasunf Colonel Lngae stocks. VENETIAN Jog. 79c 59 It took a while, but Oakland finally convinced the Bay Area Rapid Transit District to name a downtown subway sta- tion: Oakland City Center retirement to run it 12th Street.

Nelson said. when we Even before construction 80 6ack started, the station beneath to Paying feroadwav was known slmnlv was lured BART 1964 and has acted mainly as Grapei stake hn ce SHEETROCK 4x0 ftl ORNAMENTAL -RAILINGS Heavy duty 36" REG. 3.00 FT. $10,000 STOCK NEW STOCKS JUSrARRIVEr Prefinished white and Gold VANITIES 25" cm 39 25" Wood grain with cultured Marble top (Pref. unit) ONLY $3688 COMPLETE SIDING STOCK SHAG CARPETING Fabulous Mohawk Heavy rutaber hack stick dawn.

Reg. $8.95 yd. yvilllt sheet But that wasnt exotic enough. Oakland officials pleaded with BART directors recognize the new City project, next to the sta-tion. District staff members compromised.

Call ft 12th Street Oakland City Center, they Mayor John H. Reading said he preferred Oakland City Center 12th Street, but said he also knew a good compromise when he 'saw it ing the complex types of coverage BART required for a $1.3 billion construction program. TIA was Involved In virtually evertting from workmens compensation to earthquake protection, and bad safety crews on subway jobs. TIA was formed by the insurance executives to bid on the BART work. It was one of several firms proposing lnsur- ance programs and service prior Jo the start of construction.

fiEETli 'TDiira? HTijrtTtfrun MUM kentilE VINYL ASBESTOS Na adhesive needed. 2'WOOO Mim WAX Squares $549 Yd. 1 i. Reg. 39c Stains in quarts.

ALL COLORS $2.95 FINISHING WAXES $1.90 PASTE WAX $1.60 ANTIQUE OIL FINISH POLY I FILM I SIFT. POLLS FIBERGLAS Corrugated A Grade eely Ntv stfe.nt Range tiitfjHOODS 30jx36 mm STICK DOWN TILES WIN A NEW WHIFFLE FOOTBALL $2.96 value FREE rath any cartM putdiaMl RESAWN 6' REDWOOD FENCE i I6J LUMBER SPECIALS 2x4x8 39c 4x4x8' ECONOMY GRADE NO SECONDS! 279 $379 ni -lUy 1435-136TI1 SAD LEAUDRO JuotOff E. 1 4tH St. FREE PARKfMG ACROSS the otreet at PALMA PLAZA CENTER-OPEN 9 P.M. -CLOSED WED.

50' ri (59 1 COMPLETE STOCKS BAMBOO FENCING Gdvanid wlra wovm every 4 inch. 6'xl5' REED iff! LOUVER DOORS Every size imaginable. 4 flush Mahogany $288 Camplete with hardware and ready te install PINE LOUVER Good tion grade. Cem-plete, bay eowfor nly 09 ft. BUDDED BLOOMING FUCHSIAS UPRIGHT HANGING faftndous selection if leautifal plants.

Individually Labeled I Pet- 09c KS100 Closeout! 6'15 ROU SKIL Electric ALL LENGTH ehaia saw 1 95 5 FOOT COMMUNITY GOOD NEIGHBOR FENCE Mated Genuine QuilityCentrel mix-kwIKoncrete $1.29 ARMSTRONG Ceiling hgbti ROSES IF BUSH Kei CLIMBER 4.98 Big Plante in 9-gals PEAT MOSS 3JVi 2x4 REDWOOD DECKING n.c 2x6, tt 18e 4x4 REDWOOD ROUGH ECONOMY aT7 2x12 r.24c SCREEN DOOR IHwtiN hm-tnr IUUntmu $11.88 IMUntmu $16.88 lt.Wlwnw $23.95 6' VINYL FOLDING DOOR iJoULUl in natt15 -your choic tt INCLUDES! ALL BOARDS, POSTS, RAILS A MORE eeeteeee $1 49 Ft Acmtial inouiitj DOOH SALE garden SANDED PLYWOOD WINTER VEGETABLES Particle 4x8x3116 sheet Now is the Time to Dozens to chooso from en franco doors $10,000 invento-i jQ ry just arrived from Solid Mahog. 3 ft wide. SORRENTO SEVILLE UAPOLll1' $6995 $5995 $4995! ONIONS art tain GARLIC SHALLOTS CABBAGE CAULIFLOWER BRUSSELS SPROUTS CELERY and MORE! rans ihardboard panels PINE SHELVING 1x12" 14c ft Mahog 30 off 59c ASH LUMBER $150 1 bd. ft. FLUSH A GRADE MAHOGANY $p95 2 foot 6 inch MAltSSi srni t7)e 4x8 X5b Exterior Grade 4x8x3s" Rough BIG BEAUTIFUL PLANTS BUDDED BLOOMING WILL BLOOM ALL FALL -VARIETY OF COLORS SEVERAL VARIETIES Immediate Color for Your Yard! IN 400 3 or POTS 5 Hurry for These! CYCLAMEN Blnon All Winter I Spring.

Beautiful Plants Individually Labeled IN POTS 49c-59c VALUES 29 4:99 OGkC! Hurry for These! and save; Bveotory other 1 lQv'nos Reg! 9.95 SAVE ON 1,000 FLUSH DOORS Now for SPRING BLOOM! 5-GAL PLAIITS TREES BOTTLE BRUSH vJ Fiery Red Blooms Monterey PINE Beautiful Form we DiuviR Anywhere, we stock most everything in LUMBER AND PLYWOOD A CUT MOST ALL MATERIALS TO QUisAT LCCATIGrJS! Visit our. Contra Costa Star CONVENIENT TO EVERYWHERE I ALUMINUM WINDOWS WITH SCREENS HUGE STOCKS PINE SHUTTERS 2 7x24 6 10x72 3M 7x40 6 12x68 3 8x36 SAVE BIG ON ALL SIZES bulbs 1099c SSe. 1079 HYACINTHS nid7o Bsr-" 101 79 OAlse: CROCUS, BUTCH IRIS, ANEMONES, KAN0N-cm us nni single parrot tulips. CULUS, DBLL I SINGLE PARROT TUUPS, JAPANESE BUCK PINE Beautiful fur Bonsai ITALIAN STONE PINE 0 Big statuesque beauties VALUES 5.99 5-GAL 2020 9.99 4040,19.95 3020 12.88 5030 22 88 3030 1 6.88 6030 24.88 i Oh ode rt i -St SALE ENDS SUN. OCT.

24th SAVEFOR FALL NOW! New VARIHIES of DAFFODILS TULIPS In Stock Nowl 099 tt i 2ND, FANTASTIC WEEK OPEN 7 DAYS STHAWOEHHISS Plant eowfor Big, Sweet Berries OKsuOMOBa'nO OooP REDWOOD COMPOST 2 to i i ii.l BankAmericaro u. cnx BONE MEAL Far Best Bulb Results 995, I (I ft.