The Bridgeport Post from Bridgeport, Connecticut • Page 79

AIRLINE ACQUIRES BIG VEGAS HOTEL Trans Texas Gets Tropicana; Second Major Deal in 24 Hours I AS VFCAS NPV A A i a a today for an industrial I-AS Nov. (Al) A investment totaline S4f)ft i i THE BRIDGEPORT POST, FRIDAY, NOVEMBER 1, 1968. Onassis Gets Approval For Biggest Greek Deal corporation operating the Tropi- caan Hotel was sold today to Trans Texas Airways in Ihe second big hotel transaction in 24 hours. The bankrupt Bonanza Hotel was taken over Thursday by Kirk Kerkorian. who owns the Flamingo and is building (he 30- Etory International Hotel.

The sales, wbich have to be approved by the state and county, are the latest in a trend toward corporate ownership of Las Vegas hotels. Hughes Own 5 Hotels Howard Hughes, sole owner in the Hughes Tool Co. owns five hotel-casinos and has announced plans to buy the Landmark Hotel. Among other owners are the Del Webb which owns three in Las Vegas and one at Lake Tahoe; Parvin-Dohrmann which recently bought The Dunes. The Tropicana said it sold all of its' 8,750,000 in common stock to International a new subsidiary of Trans Texas.

The property and building are still owned by the estate of Ben Jaffe, who built the 5S4-room strip hotel in ATHENS A Aristotle Onassis got Greek government investment totaling $400 million, the biggest single i i a deal in history, Details of the agreement hri- by the two parties were disclosed at a news conference attended by Onassis, who said deal was "final and i ing." He added that signing of agreement will follow in a icw weeks, after minor details have been worked out. The project involves an oil refinery with an annual capacity of seven million tons, an alumi- plant with an annual output of 500,000 tons and an a i 'aclory with a yearly output of 120,000 tons, producing its own power. Both the alumina and aluminum plant are in conjunc- with Reynolds Aluminum of Ihe United States. The scheme also includes smaller industrial and projects including 1957. Minnesota Enterprises, doing business as Texas International Airways owns 59 per cent of Trans and has partial ly guaranteed the purchase price in installments over 10 years, Tropicana Holders Leading stockholders in the Tropicana are C.

K. Houssels, and C. K. Iloussets, who said there will be no change in existing management or operations, Trans Texas is a regional airline based in Houston, serving six southwestern stales and par! of Mexico. The Tracy Investment whose sole stockholder is Kerkorian, took over the ISO-room Bonanza from Lee Optical Co.

and said it would go through i Lee's plan to reorganize the hotel. A corporation headec by Lawrence Wolf of New York was declared a and the casino section closed one year ago a several months of operations. DIVIDEND IS REDUCED BY ALLIED CHEMICAL NEW (AP) Allied i a Corp. has reduced Us a dividend on common stock to 30 cents a share from 41 cents. The company said fourth- cjuartcr earnings will be reduced by provisions for losses or write-offs.

tourist the air in development Athens area, A government announcement described the agreement as "unprecedented and the biggest in Greece's history." The 62-year-old shipping magnate who controls Greece's national airline, Olympic Airways, also was given exploitation rights of the only state refinery near Athens because, the announcement said, "his terms were the best offered." Onassis, who married the former Mrs. John F. Kennedy 12 days ago, interupted his honeymoon twice to complete the negotiations. --The following ollons, supplied by he NoUonol Assocl- olion ol Securities Dealers, ore 'he prices af which these securlHes csuld hove bee lotd or bought Aberdeen Una 1 Affiliated 9.76 Atl Amcr 1.3S 1 4 Amcap 669 13. Am Bus 3.E3 J.15 Divlti 12.1 Grtn.

7.6 Inv 10-53 10.53 Am Mut 11.11 17.14 Am NGw 3.55 Am Pac Anchor Group: Cop 10.3? 11.26 Grwlh 15.S? 17.08 Inv Fd Inv 1J.CM Associated 1.71 l.S Axe HougM fund A 9.G2 9.BG Fund 11.2052.17 Stock 8.S 9.67 CP 7.15 WORLD MARKETS REACT I 3 FIRMS REPORT SPLIT OF STOCK NEW YORK (AP) Stock splits have been announced by Gaylords National Gelding Hcminway Co. and Standard International Corp. Gaylords, a chain discount retailer, declared a 3-for-2 stock distribution payable Dec. 20 to shareholders of record Nov. 20.

The company also declared a regularly quarterly dividend on pre-split shares of 10 cents, payable at the same time. J. A. Barrer, president, said directors intend to pay 30 cents a share annually on the split shares. A 3-for-2 split was announced by Bclding Hcminway, a thread and fabric manufacturer.

The distribution is payable Jan. 17 to shareholders of record Nov. Belden Heminway also declared a regular quarterly dividend on the presplit stock of 17.5 cents, payable Dec. 14 to holders of record Nov. and said directors intend to pay 15 cents quarterly, on the split shares.

Directors of Standard International Corp. declared a five-for- four common stock split and a quarterly dividend of six cents on the presplit shares. Both dividends are payable Dec. 2 lo holders of record Nov. 12.

By THE ASSOCIATED PRESS Stock markets around the world reacted mildly to the U.S. halt of the bombing of i a Here are the developments: London The stock market was i affected in early trading. Gold and silver prices declined. Commodity traders were cautious. Tokyo The stock market slumped briefly and then rallied.

Most stocks were lower at the close. Frankfurt--Prices closed lower on a listless stock exchange, but brokers said this was due to renewed speculation on Deutsche a revaluation rather than the bombing hall. The U.S. dollar gained strength. Zurich Prices closed i after a week of losses.

Bankers reported increased buying ol dollar stocks at higher-than- Wall Street prices. Sydney Stock prices fell sharply in early trading but rallied later. CITY SHOWS RISE IN UNEMPLOYED Lower a a i employment pushed non-agricultural employment in the Bridgeport PETER PAUL PROFITS DOWN FOR QUARTER NAUGATUCK Peter a Inc. reported Thursday a three- month profit ended Sept. 30 of or IS cents a share, down from 5788,000 or 37 cents fi share in the comparable period of 1967.

Consolidated net sales rose to $16,275,000 from $13,994,000 the year-earlier period. Austin Zender, chairman, said the decline in first quarter earnings were due to increased raw material costs, notably conut and chocooate, including of the 10 per cent income tax surcharge. The hoard of directors, at its meeting Wednesday, declared a regular quarterly dividend of 30 cents a share, payable Dec. 1 lo holders of record Nov. 15.

Atborl Lob Abex Co l.o 59 ACF Incf 2.70 47 Ad Mllfls .70 Address 1.40 31 Ifol 33 AetnaLifc 1 154 AlrRedtn 1.55 70 LlcanAlu 97 A 131 'HedCh AllledSIr 1.43 AlfisChol .50 Investment Companies Rcbssn Blue Rid flondsifc flost Slk irocd St SullarV: CG Fd Concdio 8.94 E.O? 9.93 10.85 9X3 10. 16.17 (7. 17. 10.75 13.6E 7L29 9 57 6.S 9.i 13.49 14.74 Capil Inc Cspit Shr Cent Shr Cent Shr Chcnning Tuntis: Baton 14. 15.62 Com Slk 2M 2.45 GrwtJi 9.24 10.1 Incom 9.S2 10.40 Special 3.94 4.3 Chase Group: Fund 13.E315.1 Fronl 110.70 II5.S Shrhld IS 42 16 Chemical 19.66 2l.

Colonlal: Equity Fund Co 5.B' 6.13.74 15.0 8,4 i 9.2 6.7 sr Bd Cop Fd 11.81 12.9 Incom 11.Ei 12.96 Invest Slock Cwlfh AB.B 1 5 2,00 Cwlth CD 2.W 2.2 Compel 10.64 11.6 17.4913.5 17.12 J3.1 U.EO 18.E 1O7 14,8 5.60 6.T T7.72 13.9V. Corp Ld 17,31 38.1 Cnlry Cap 15.6 Crown S.S9 9 3 deVegh 81.3? 83,2 ip Bd Comp Fd Concord Cons Inv Cnnsm Inv Conv See Detat In Uclasvarc Divid Shr DowTIi In Drcxol Dreyfus Eatonf.Ho 1 inv Socciol Sfock tbcrst ipl Gr 14.27 15.6 J7.il 19.2 4.C4 9.5 20. 20.2 li.I917.S4 12.5613.64 H.OT IS.4 B.17 3.E 15.95 17.. 17.97 19.5 16.1 15.47 16.S the mid-September below a for the previous month, but the level remained above a year ago, according to a report from Ihe Stale Labor department. Total a i a employment in mid-September was 150,300, compared to the mid- August figure of 151,130.

Employment in mid-Seplembcr, 1967 was 148,330. a a i employment dropped off 1,160 in the one month period to mid-September's total of 77,500. a facluring employment rose to 72,800, a gain of 330. The weekly paycheck of Energy 15.79 15.79 EquHv 12.34 13.2 Equil Gtli 2Q.E022.E Evcrsl In 2 Explor Una Foirfd 15.17 lfi.5 F-rm BfViu Fed Grth 17.0? lE.f Fid Cop 14.77 I4.D FicJ Fund 2 0 7 3 Fid Tend 31.7634.5 Financial ProQrm: 8.17 8.9 5.47 5.9 B.5- Dynm Indust Incom Fit InGfh 10.7211.7 Fst- InSJk 11.44 12.5- Flet Cop 10.91 Ffet Fd 19.J7 Fla Glh 9.24 10.2 Fnd Lf a.Ci 6.6 Founders 9.31 lO.t Fotrrsq 15.8 Fronklin Group: Corn SIX 7.S7 6.3 ONTO 13.26 Ulil 7.9 1 Incon 7.75 Fund Am 11.9613.C Gen Sec 13.60 13 i GibraMor U.9214.9 Group Se A 5c 11.5 Com SI Ful Ad Grlh IncJ Gryphon Gucrdi Ham Bridgeport a a i production workers in mid-September averaged $133.54, a drop of S6 cents from mid-June, but a gain ot S3.6S a week over the cSi S129.S6 reported in mid-September of a year when the average work week was 43 hours, compared to this year's 41.6. BOMB HALT LOWERS GOLD, SILVER PRICES LONDON (AP) Word of the 15.5617.0 10.31 11.2 23.05 73.7 31.70 23.7 308? 30.B? 6.W 6.1 1 67 l.i 19.60 21.4 16.05H..

16.41 12.: 6.10 6.1 11.47 12.. 9.60 10. U.73 8.3? 9. 17.35 13, Ind Trend 15.54 17 Irtfslry 7. IrsBfcStk 6.71 7.

Inv CoAm 14.04 17 Irw l.idlc IMS T4 Inves Bcs 13.82 15. Hubshmn IDS r.d Tip Cop Imp Glh Inc Frd Inc FdB Indepfid 33.33 25.34 Select 9.5610.78 ir Pay 9.62 10.i ResK 4.39 6.58 23.93 17.7? W.33W.T ahnsln 72.91 22.71 eysronc Funds: Cus Cui B2 Cys BJ Cus Cus K2 Cus SI Cus S3 Cus S3 71.38 27,3 24.72 10.3711.3 9.57 10.4. 7.70 S.4 J3.26 55.3; 12.70 13.6 9.81 10.71 7.2? 7.63 4.0! A FORTY-SEVEN Hew York Stock Exchange ex Rich 17.5319.21 Iberly S.S7 stk Alcoa I AM SAC .60 Amcroda 3 Am Airlin dcst Con 2.10 ACrySug 1.40 AmCyao 1.75 AmEIPw I.JS AmEnko l.JJ Home 1.3Q Hojp .72 AmMFdy .90 AMet Cl 1.90 Am Motors AmHotGos 1 Am News 1 Am Phof Am Smell 3 Am S1d 1 TAT 7.40 Tab 1.50 AMK Corp AMP Inc Amp ex Corp Anacand 2.50 Anken Chcm AreiiDan l.f.Q Arnica Sfl 3 Armour 1.60 ArmCk UOn AshEd Off 1.70 id DG 1.70 Akhlson 1.43 A1I Rich UQ Alias Ch .60 Atlos Coj-p Avco Cp 1.20 Avnef Jnc VO Avon Pd 1.60 106! MW 37 43 333 33 7i 71 21 5SV. 187 UVi 354 70 66H BobckW 1.34 5S 34 In' B.51 9.31 Sayles Fds: Canod 39.9A 39.9A Capil M.73 14.73 Mut 16.9916.99 10.31 11.81 Fnd 13.69 icss Gth 17.7314.13 ims Tr 17.i2 19.15 H.61 14.61 lolhcrs 76.14 26.14 IcDon 10.99 12 CM Ed A Mul S.fA oody Cp 19-22 71.01 15.61 17.28 Aorroni Funds: Grwlh ir.OTU.5' Incom 5-14. 5 3 tnsur 10.75 A I Fd 30.58 22.1S IIF Glh ml OGIh lut Shrs Trust 7.90 2.96 JEA Mul 11.9312.17 Jar WScc 11.4312.33 Nat Ind 13.94.

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vi-ln hankr bring rcorganl xintci. fn-- Fo lercsl cqjalita TtiurSdoy'i Amfac Inc Tex GQI Tran Allted Chcmlr Cannon Mills Simmons Co Tamsox Int lh 4.31 6.90 18.7020.44 Funds: Equil 18.5050.22 ec Inv 9,81 T0.7? Stlec Am 12.1713.17 SpCCS 1B.3220.C3 Sigma 12.31 13.4 Smith 10.57 iw Invest 10.E6 11.74 liver Inv 16-50 1B.06 ilffm Glh 6.44 SI 56.6057.00 Fds: Am Ind 14.9316.37 Slock 16.76 16.74 Inv Unovoll nGIti B.37 9.17 S'7 3ilii 69'-V 100 54H 32 73 155 5S 1 43 119 IS 37 3MV 156 35 72h 41 CanFaod 1.50 ConNaIG 1.70 103 TMR Ap Teachrs Technol Gt Tian Cop 10.55 11.47 cnC Glli 6.7S TwenC Inc 6.TS 6.75 UniFd 11,44 12JJ United Funds: Accm 8.78 9.40 Incom 16.23 Volue Line Funds- ol Lin 10,7911.78 WollSI 13.17 U.3 Wash fAul 14 77 16 1 WcMgfcn 13.81 15.0 Ind 6.9i 9.1 16.37 17.7 Windsor 19.P2 21.5 15.35 16.7 Wiscon 8.34 9.1 5.73 6.3 Con! Can 2.70 Cont Co Cont Mot .40 Con! Oil 2.EO ConT Tel .69 Conical Data Cooperrn I.JO CrouseHin lb CrowCol 1.511 Crown Cork CrownZe 2.30 CudoTiy Co Curtlsi Wr 1 Den 1.70 ncfycoCp Day PL 1.S2 Deere Co 2 DclMnte KID cv rMln DowChm 2.4D 20 1 21 41 i 59 IOV 67 624i 62 63 57 7 23 1W 412 7fi" 74 1 A3 79 I65i 139 3 30 61 42 53 277 16 ISVa 4 56M 34 Vt IB IB 79W 53 12 73 47'A JOVs 57Vi -74 'h --1 137W --1 42 --2 1SW 4 34 Vt 277 79V. 4- 5B 21 4 77.16 14.54 OukfPw 1.40 81 141 27 25 30 93 WA 7 74Vi 71 55 duPant 3.75e Eltra Cp 1.10 Emc-rEI 1.69 EndJohns blyTo" bombing halt i North a sent 0 and er prices down on the London bullion market today hut the pound (sterling advanced in early deat- COXNECTICUT INDUSTRIES (Prirps (rcm U. H. Co 1 15 31'i 33 70 173 170Vj 1 21 EO 20V? 19Vs 75? 233 47 2J 33 tr 57 9iV Cp .60 56 36'.

i 79 18 3SV: tr.t 35 76' -i tlVt 1 3S'i Allied Producls Arrosv Ha LUTHERANS HELP WASHINGTON I The Division of Service lo Military Personnel of the Lutheran Council in the U.S.A. has allocated more than $10,000 i grants toward local i i i at Thursday's close, to servicemen and i dependents. The program is designed to provide i a a i assistance lo churches located in As HOC a Corp Corp An i Berlin Doman i. Hcgcmon Spring Ffa Row FlaPwLt 1-76 F.ViC CD -85 FoodFoir Ford Wit ForMcK .75 FrufhCp 1.73 GAC Cp 1-50 A Bid AU i 1.3' The price of gold fell Ern lorT cents to S38.65 an ounce. cor dropped to 51,36 an ounce, a loss of between 6 and cents.

I a i a peace moves a i i a hit gold and silver, which are used as a hedge a a i world unrest. On Ihe London foreign ex- tViiromor Harman i New Britain Machine Pcier Paul Stanley Vcedcr Ind 53 3771 S'! a market the pound ad-1 lo S2.39I9, up E'cc l.tb 26 Gen Fris Gen Mills. SO IcenMot 7.ECc GPuSUl 1.60 20Vi I l-'S Gen Tire 1 Genesco Go a i i lb Grrbcr KID GettyOil Gilltlle T.tt Glen Aid .170 Global Morin vanced nreas with large concentrations of Lutheran servicemen so Ihey can better the needs- of i congregations, according to Dr. William live secreta FARMS USE MUCH OIL CHICAGO--American's a ers use more petroleum than any other single industry--and more electricity a all the people and all the industries in Boston, Detroit, Balti- am J. Reiss, execu- more, Houston and Washington ry of the division.

ID. combined PUBLIC UTILITY STOCKS (From Carrcou, Smifh, Inc.) Bpl HyoYaufic Crrl Vt Pub Si QJ Dlv. Mev I.JO QF 0. A 1 .04 Eng CE QJ 1.10 Haven Wotcr OJ 2.00 Uliftties Pub Svc Hamp OF So Conn Goj OJ Sou(hn NE lefc OJ a C-os Pipe OF United Iffum OA Goodrich 1.50 GroeeCo 1.S3 GronCSH. 45 Gront 1.39 GIAS.P Gl Nor Rv 3 Gt Flnl GlWnUn I.EO ,84 Grcyriour.d 1 GrurrmAirc 1 Gulf Oil nl.SO GulfStaUl GuKWtn -2Cb Hatliburt 1.90 Harris Int 1 MecfoWng .70 Herclnc i.iOe 5 A IB 233 31'.

1 34V: -f- 47Vi Ei 83 37'i 23 50'4 34 47'i 4 1J3 x51 32 70 507: 16 i Saret (hrts.J Hlqri Low 7 43Vi 43 43 10 147 7Jv 67 I '6 34'. 137 198 45 73 21 66 157 43 1 36 d9Vj 101 3SVj 21 33 LOII Chg. 43V: 17 1 Market Retreats Sharply As Bomb Ban Rally Fades 64Vi 79'i -f- NEW YORK (AP)-A vigorous early rally on news of (he Vietnam bombing halt into full retreat in the stock a i a this afternoon as Wall Street I 1 1 showed skepticism about the for real progress to- 3 wards a Vietnam peace. we Trading si ly.J i.i day's pace a ta'i 1 4 pains by more than 180 issues on the New York Stock Exchange fc jailer the promising a in which gains had a 7 to 2 advantage over 1 losses. The Dow Jones industrial aver- was down more a 6 points in the late a It enjoyed a rise of in the first half hour.

The reversal was a sharp one. Bomb Halt Anticipated Analysts noted that a bombing EDITOR REPORTS PACT: BY JOHNSON, A I GW APPROVES SINCLAIRJENDER Acts to Pursue Takeover De- spile Plans for Atlantic Richfield Tie MIAMI. (AP) An American newspaper editor who served as go-between for the lowed below Thurs- a i a Washington governs losses outnumbered TM seeking a a to the i a ore unofficial. lie noted, roles of dlvi- bawd on Ihe fast quarterly declaration. Special or or payments no! arc identified in the "Certainly, Ihe surprise element has been lost and the halt had been anticipated in the recent past when the rallied merely on rumors a it.

NEW YORK (AP) Gulf Western Industries acted today to pursue its effort to take over i a i Oil despite plans announced for Sinclair to merge i A a i Richfield Co. Gulf Western directors form a approved a tender offer frr Sinclair stock. The company's intention to make a for Sinclair, the 10th larg- a editor est U.S. company, was an- 1 a' ROlmccd weck war today President Johnson made an agreement with North i a before a i the bombing i a i the i a i News and a i visitor to a i said issues could be negotiated a the cessation of Liberation Front-tho Vietcong Sinclair and A a i Richfield, the country's 34th largest oil announced late Thurs- rhe newspaper also said a an agreement to merge idem Johnson has agreed to a a Sl-fi-billinn exchange of wUh the Uanot governmentLsiock. The merger creating a 1 luS hc 3.

a onal lwmpany with asseLs of S3.69 hil- ion, would be one of the largest --in a coalition South Vietnam! government. Proposes Debentures The report, copyrighied by Gulf in history. extras. inl rote ed or paid In 1967 plus e-- Declared or paid so Pnyabre In stock durincj ated cash value on ex-dividend button date g-- Paid last ytar. paid oiler slock divvbbnd paid this year, issue Issue, i iltled, deteri dividend? Poid rhis year, no action dividend mccling.

r--De- In 1W8 plus stock i i stock furfng 1948, estimated ex-dividend or ll. --Ex dividend, divi- In lull. X'dii--Ex dislrlbu- rights, xvv--Without warrants, wd--When hen issued, nd--Next day uptcy or zed under the Bankruptcy ies cssumrd by such co Dividends Final Dividend! Declared Slk. ol Pay- Rale ricd Record abl INCREASED 73 .37 U-13 U-22 12-5 12-15 SPECFAL Genl .20 GYPS 2 Induil Leod 2.7i« Steel Ten .80 Nevada Pw Ncwberry I.JS Nlo'pj MP 1 ID lolkWst 4 NoAmRoek Ma Gas 7.60 Jor Poc 7.60 foSlaPw 1.40 Morlhrop 1 MwifAIrl NwtBonc 2.30 lorlon 1.50 tori Simoj 19 67 41 2M. XI9 TO? 1 1 39 51 SSVi Jorw Occident OhloEdis 1.42 QklaGE l.Oi OkloNGs 1.12 OlinMat 1.70 Omcrk 1.011 EFev 2 Oulbd Mar 1 Iwenslll 1.25 'OcGEI LSI 'ocLIg l.fiO 'oc Pd 'QCPwL 1.20 'ocTT 1.20 1.50 'ao Am EP 1.60 5 67A SI 2Wt 22 3S 75V, EXTRA .15 -SO STOCK Barber Oil 2pc l-l (r)--Revlitd.

Beldlng Hinway (w) 11-39 i-v (w)--A 3 (or slock splil. oylors Noll (jvt lt-70 A 3 for 2 stock split. Gray Mfq 2pc 11-15 Sid rnlernoll 11-12 "--A for 4 stock splil. IRREGULAR Rolls Royce 071 11-8 "fd OH NJ 1,05 11-14 REGULAR Hoe Prods .325 11-14 (mcrfcan JJews 17-30 Burndy Corp Ij Canncn Mllfs 90 0 Elecfrograph Cp .15 Gaylcrds Noll .10 General Cigar 30 Ind MCE Ccrp .35 Loughlin 3'lk 31 Va 1 -6C-! '(nney JC 2 'oPwLt 1.5A 'enniUn n.EO 'cpsiCo SO 'trlcct Fifm 'fizerc l.SCa 'hClpSD 3.40 'helpDod wi 'Mia El 'hllWorr I.EO 'hill Pel 2.6D 'UneyB 'Ills Steel 'olnrold 'PG Ind 2.SO TnclrG 'ubSCol l.CS ueb Sup '3 'ur-SPL 'cllmon 2.60 RCA Ralslonp .60 Ranco Inc Raylheon .50 Cc RelchCh RepubStl Revlcn Rexoll .306 Rtyn, Mtf .90 ReynTob 3.51 RheemM 1.O Rohr Cp RoyCColo .73 RoyOut l.EJr RydcrSys 1.10 SUosLd 2-fo SIRcgP Sorvd'rs SonFetnt JO Scnenlcy I.JO Schering T.43 Sctcniff Data 5 CM Cp Scoll Paper SbdCilL Scorl GO 1 31 Sears Ro 1.20 fii Oil Signal Co lo Sinclair 3 SlngerCo SmllhK l.ECo SouColE 1.40 SoutTi CO l.U SouNGas 1 Scu Poc Ry 7.EO Spnrlon Ind SperryR SquareD Sf Brand l.iO Std KollS sroiicoi SfOiiind SI01IHJ 3-65c SI Oil Oh StouffCh "l.Jb Drug 1 StcvensJ 1 Sun Oil lb SurvyFd i Co TompoEl TeXIronlx Tercdyn 7.751 TeirGSul 200 3 34 75" -f 351. i 4- 3 38 64V'! 65 67n i filVi 1 18 SS'i 61 51 70 1 109V.

110 Vi B' Vi 223.1 i 4VI 4i'i 7 J1 17 57H 82 i 41 H4 4 57 52 53 JDii 51 13 53 77" 110 EPi 73 57 son 74'i is invariably more responsive to the unexpected lhan to the expected," said Newton D. Zin- dcr of E. F. Hutton Co. Southern Pacific, off nearly a point, was the volume pacemaker on Lhe Big Board, having been boosted to the top by a single block 100,000 shares.

Sinclair Oil with a 4-point jump, was the best gainer among the most-active issues, responding to news of its proposed merger with Atlantic Richfield, which was down 1 in less active trading. Sulphur Drops Among active stocks, Freeporl Sulphur, Allied Chemical and Chris-Craft dropped point or more while Cities Service rose nearly 3 and Youngstown Sheet and U.S. Pipe S- Foundry advanced more a a point. Among specially i a ts sues, White Consolidated Industries slipped nearly a point, Gull Western dropped a fraction, and Allis-Chalmers gained a fraction. I Prices declined on the Ameri- jean Stock Exchange' after an 12-1? early show of strength.

Levin 13 Computer dropped as it paced the list on volume active, Electronics Kane-Miller, Mgxsun and Leasco Data .775 .10 15 Co Alnn Pew LI A I Industries lorlhwn Nat LI Olln Mathleion .30 opercrafl Corp .11 olomac El Pow 2 75 Quaker Sla Oil Rcf Rio Algom Mines .70 "icobtf Internal! Syhron Corp Tompox Inc UARCO Inc UrFs Dldgj 1Iifer' Co 35 .06 .15 .65 .25 n-3 12-11 11-1-1 U-70 11-U 11-29 17-4 1M2 12-31 11-12 12-13 11-11 11-2) 11-17 11-13 U-? 11-15 12-6 11-71 11-22 11-12 11-15 11-22 11-13 1 1 1 1 11-14 13 23J Processing Warrants lost about 2 r( each. Mohawk a a Sciences held a gain of more than a point. Con: monwealth United, Standarc Metals and Gulf Western War rants were briskly traded frac tional losers. 12-1 I 12-70 12-13 2 1 7 12-2 12-27 11-25 12-27 12-11 11-2? 12-37 12-16 12-77 1210 17-1 13-7 17-2 17-16 11-77 17-2 171 American Exchange YORK (APJ Arr-ricon Slock Exchange scfcclcd noon prices: Saloi Net (fids.) High Lew Lost Ctiq. RESTAURANT OPENED BY SLUM RESIDENT: NEW YORK--(AP) Slum res, dents of the Fort Greene area of Brooklyn opened a restauran today in a project.

The restaurant, whose mem offers sould food such as chitte ling and Spanish food such as cuchifrilos, is sponsored by tin Afro-Spanish Consumer Cooper ative Association. It is known a the Afro-SpanisJi Co-op Restau rant. The restaurant is the first of series of businesses planned the cooperative to be run It 313 175 U'l. 237 4JU 5S 52's 71 Wi 2' 5 5J 55 35Vj Aerojet Am Pefr ArkLGcs 1.70 Aiamera Oil AncfOll 8, AllniCorp nes Eng Broil I LI I 8ri1 Pcf Compbl Chlb Cdn Javelin Cinerama olc a Cont ilyn Corp EqultyCp .331 Fed Rcsrcci Fclmont Oil Fronlfcr Air Gen Plywood GionI Ycl JO Goidiicrtf Gl B3S Pd Gulf Am CT .57 Husky Hycsn Mfg lirom Corp Kaiser Inrt McCrory wi Mich Sug .10 Midwest Fin Dald Molybdcn Mi RIC Group Scurry Roin S'alfiom Inst SynrcirCp 10 12 35 90 71. 2'8 y-A 33 137 72 15V.

15 41 7 16-'fe 13 30 17Ji 7 9 6 79-lfi--7-16 Fort Green area residents. The project was financed wit a $7,000 loan from the Chas Manhattan Capital small-business investment cnm pany owned by the Chase Man hattan Bank of New York, 16S 32 33 ICPi 7. 3 i HUMPHREY BACKED IN POLL AT COLLEGE NEW HAVEN (AP) A moc election at Southern Connecticu State College gave Democrat! presidential a i a Hubert I Humphrey a narrow victory ovc i a i a M. Nixon. The vice president receive Ufifl votes, as against 329 fo i and 75 for third part a i a George C.

Wallace Some 20 per cent of the stu dents cast ballots in the moc election which began Monda and ended Thursday. Democratic Sen. Abraham Rib- icotf was favored overwhelmingly for re-election, receiving 575 votes. His GOP opponent, Edwin H. May Jr.

received 265 votes. "he i a i News, appeared as ic lead story in (he i edition the newspaper. Baggs said his sources i "one person involved in the Paris talks." Wall Street Comments NEW YORK (AP) Slock Market comment today included: Indicator Digcs "There is no oubt aboul it investors a peace. They demonstrated this very strikingly in early April, following LBJ's televised announcement of a 'peace offensive' and they eclioed it once again last week on the newest rumors of a possible agreement to stop bombing." Edward A. Viner Co.

"At the core of the blue-chip re- viva! lies the promise of expansion in the cyclical stocks: the aulos, steels and construction companies. Most analysts are an- icipating a boom in the housing and car markets, some say it's iere already, which in turn creates demand for steel." Spear Staff "Earnings reported so far are, of course, a favorable indication of econotn well-being, but they arc not the last word on the subject. For one thing, companies with the iest results tend lo report earb often the really bad news is saved for las PUC APPROVAL GIVEN A I BOND SALE The stale Public Utilities mission has granted approval to the Bridgeport Hydraulic company to issue million in first mortgage bonds. The proceeds will be used to repay bank loans. ssue subordinated debentures into Gulf Western stock and a a to buy Gulf Western common stock in -x- hange for Sinclair slock.

Gulf Western said it hcliev- Sinclair stockholders should lave the opportunity to "make he i a decision on a matter as mportant to their interest as the Gulf Western offer." O. P. Thomas, Sinclair presi- lent, today released a letter to Sinclair stockholders, dated Oct. 0, opposing the Gulf Western offer. "Your management firmly be- ieves that the proposed offer not in the best interests of Sinclair, its stockholders and mndholders, and it is the present intention of Sinclair to vigorously oppose the tender of- 'er should it be made," the let- er said.

Sinclair Sees No Gain The letter said further: "Gulf Western would bring no financial strength to Sinclair and no experience or assets in oil industry, "ft is estimated, based on mblic information, that Gulf might be issuing as as $1.5 billion of debt in form of convertible subordinated debentures to fully acquire outstanding Sinclair stock, bringing the total debt structure of Gulf Western and subsidiaries to approximately SI billion. This capitalization in the opinion of your board would result in a highly undesirable financial structure." After Gulf directors approved the tender! offer, a Sinclair spokesman said Sinclair had no "comment beyond the stand expressed in the letter to stockholders. Gulf Western is engaged in mining, the manufacture of chemicals, automotive parts and agricultural products and the production of motion pictures and television films. Its sales totaled $644.9 million in 1967. Atlantic Richfield's 1967 sales totaled SI.

6 billion and Sinclair's sales last year amounted to $1.5 billion. Dacey Takes His Peace Plan To Arab and Israeli Officials Norman Dacey, author ol the book, "How to Avoid Probate," has recently returnee from a trip to the Middle East where he conferred with officials of Ihe Arab and Israeli govern ments regarding a plan he has devised In settle the conflict in Ihc Middle East. In Cairo, Mr. Dacey met with officials of the United Arab Republic, and said a they voicec approval of the plan. From there he flew to Israc where he conferred with officials and found them less willing to agree with his proposals, he said.

On his return to Bridgeport Mr. Dacey sent a 10-page letter to President Johnson and the State department, regarding his trip. Mr. Dacey said that he lias received a communication from Jerusalem, stating a Dr. Meron Medzini, official of the Israeli government's Information Services, plans to visit him during a trip to United States in the near future.

Mr. Dacey, who was accompanied to the Middle East by his wife, lived in Cairo for one year during World War II, while serving as public relations officer ol both the U. S. Army and the U. S.

Ninth Air Force. I 23V, 70-i Al 53i -s- 78 fin MV. 74'. xIlS Hi 16" i I 93 I LOCAL INDUSTRIES Francis I. du PonT 8, Aerosol Tech .60 American Chain 1.40 1.60 Crone Company 1.20 Harvey Hubbell Harvey Hubbcll Locke Forcrnosf WcKciSOn 3.00 RaybeMOf Ire 1.10 Rcminlon Arms 2.20 Singer 1.60 Unifed A i a .14 Valve ol Artie 1.23 Warnaco Consolitfaled BANK STOCKS (From Correou, Smilh, Inc.) Truil (101 1 Com Nol E'-i (51 OM iiflS 75' Stole Not Bk Conn OM 6i BT NY'corp OJ 81' GorX OF NY QJ 300 Chemical Bk-NY Tr OJ 2 id 70 First Kol Cily BV; OF 2.M F3 1 MTrs on over OJ 2 20 44' ALDEN REPORTS RESULTS FOR QUARTER NEW YORK (AP) Glen Alden a widely diversified company, reported today earnings of or 23 "cents a share, for months ended Sept.

30. Sales a The company r-iid that cause Ihe change in reporting i i periods of subsidiaries acquired 15 in 1857, were no a a ble figures for the like period of I9S7. fn Hie nine months ended Sept. 30 Glen Alden earned or 72 cents a share, on sales of Bid Asked I 177,912,000. Ului "Tfusl Tr OJ QJ INSURANCE STOCKS Corrcau, Smilh, Inc) DLV.

RidAih'Q Conn Gen Lilc OJ 81 SIVi HarHord Fire QJ l.CO 41V? 4S'. Peerless Insur .30 9 Sccurlly of mrd OF J.M+slfcU'. 9 I Trovelers QfA .64 34V PEOPLE'S SAVINGS BANK OFFICE BUILDING 855 Main Street, Bridgeport, 06603 A i i i i i slriiclnre is Ilicre a i two snilcs r.inpinp in arc.i from to l-tio feel. One of i can be yours if you act quieJsJy. Modest rentals i incJiulc all services ami i i i for those Ic5irc a i i i address in modern building.

Telephone 367-6444 PETER RGB1NSON Inc. Agent On Premises.