The Bridgeport Post from Bridgeport, Connecticut • Page 69

FORTY-FOUR Wall Street Chatter NEW YORK (UPD-The Nixon administration is worried that the current recession may "snow- 1 according to Paine. Webber, Jackson fc Curtis. President Nixon will soon "opt" tor inflation rather than substantial Increases in unemployment and a deep recession, the firm says. As result, a "quantum jump in Investor enthusiasm 1 i Jump can be peeled, resulting in higher prices for well selected securities In view of the easing which has been laking place in the money market of late, it was just a matler of time before the prime rate cut happened, Argus Research ays. Traders, however, should be careful not to get carried away by exuberance over the move, the firm warns.

The ririmary reason the cut has occurred is bad business conditions and a reduced demand for money, it says. There has been some slight easing in money supply, too, but the lessened demand is far more significant, it adds. "The bear market is being elrangled" with the prime rale cut confirming a bottom at the 740 level in terms of the Dow Jones industrial average, Bache Co. says. The cut was a "psychological trigger" for (he market.

Traders will be able lo view Ihe prospect of lower first and second quarter earnings reports with more equanimity than formerly now that the rate has been cut, the firm adds. M. SETLOW SON UP IN SALES IN '69 -ORANGE--M. Setlow and Sons, Orange-based manufacturers of worhclolhes and specialty workclothes, has reported total sales in 1968 increased 39 per cent over 1968. Herbert Sellow, president, said the sharp rise reflects both recent acquisitions and increased sales.

Mr. Setlow noted tlic acquisition of the Uniform and Textile now comprising three separate divisions in Phoenix, Denvor and Miami. In addition, he said, a 13 per cent increase in oversale sales of the Setloiy division has contributed much to the excellent year. LYCOMING AWARDED $9,225,627 CONTRACT The Avco Lycoming division ii Stratford has been awarded contract a a lure parts for ballistic. missiles, Congressman Lowell Weickei has announced.

MONTREAL MAIL GUARDED MONTREAL (AP) Police placed Montreal's main post of fice building under armed guard ii today after they removed blockade of 200 abandoned Tnai trucks left by protesting driv Stock Rally After Boom on NEW YORK (AP) The slock market rally, which 1 was Ignited Wednesday by a cut In the hank prime lending rale, lost steam in moderately ncdve trading early Ihls Afternoon. The Dow Jones 'average of SO industrials ut noon showed a (jain of to 79 1.38 after having been up to 4,15 in early trading. However, advances lopped de- cines by more Iran 300 among issues traded on Hie New York Stock Exchange. Soars After Rate Cut The market soared Wednesday to Its biggest gain in two years after Irving Trust Co. of New York set off a round of culs In the prime rate to 8 per cent from per cent.

The Dow industrials spurted to a gain of 1C. 17. Analysis said profit taking was a toll of the advance made in early trading. They also said there appeared to be some portfolio lightening in advance of the three-day Easier weekend. Stock markets will be closed Good Friday.

The Associated Press 60-stock average at noon was up a minimal .3 to 279.2, with industrials ip 1.1, ra off .2. A numhc lie New tape, inclu TWA, off 3 of Champk and 5( Ulilllies, Ford it would assembly week, dec Prices a ly traded eluded Go Lum's, Motors, Penney, of Californ Occidental 2 Among Georgia lean Brar Manville to ItH 3 America prices inc off to Off tO Imp and Four lo Savings Banks iFor Checking i HARTFORD-- A public hearing conducted by the Demand Deposit commission brought wide support last night for a proposal to allow savings banks to operate personal checking accounts. 5 Although the Connecticut Bank' ers association, representing 1 commercial banks, voiced heavy opposition to the plan, the majority of the 200 persons at Hie meeting in the State Capitol backed the proposal. Spokesmen for the savings banks, the AFL-C1O labor group, 2 civil rights groups and, a Cath- olic clergyman supported the pro- posal on grounds ot convenience, fair play and better housing. Norwick.R.

G. Goodspeed, vice president of the People's Savings bank-Bridgeport, -representing the Savings Bank association, said the proposal would allow savings banks to compete with cornmcr- cial banks on an equal footing. He stressed the need for savings banks to offer one-stop banking if they were not to lose their customers to commercial banks which dp offer all the services under one roof. Gopdspeced repeated the arguments advanced when the savings bankers made their initial request for checking accounts al the last legislative session, and said the balance between sav- d. ings and commercial banks has a been altered since then.

1 Goodspeed said the Tax Re' form Act of 1969 "completely changed the tax treatment of savings banks an more law hits harder." Mr. Go sumer 'ba the right ing servi families checking He wants. He cite lave sho depositors ing accou ings bank "has had times of wanting account and sav many cu cannot of In his speed cot ust for ser 10 id che average bills." Savings moderntz "Connect our abili winted 10 princ inancing proximate issets i loans." "By cc speed adc TUB BRIDGEPORT POST, THURSDAY, A 26, 1070, 1.1, rails oft .1, ami utilities which announced Prices among lite more active lo 10; General J. C. Among the hetler gains were rv aci ic ,34 (0 52 Amer ids 1 Johns 1 to 4 and Pfizer 4.

in Slock Exchange ludcd Career Academy, lOVi; Milgo Electronics, to Synlcx, up 1 to Oil, up 2 lo 20; sons Nursing, off c2 MOST DISTINGUISHED MOTORCAR For The Privileged Few Who Demand The Finest MILTON WEISS, INC. 425 NORTH BRIDGEPORT i savings banks will taxes, but Ihe new savings banks much Mr. GoorJtpeed said "As con- ce to individuals and by offering personal accounts which the pub- He cited many surveys which that' savings bank tlie experience many prospective customers 'anting to open both a. checking and a savings account, vings banks liave lost customers' because they rffer this service." presentation, Mr. Good- ontinued, "We are asking list for a personal checking ac- ount service-- the typical house- old checking account tliat the FOOD PROCESSOR SMlTllflELD.

Va. (AP) Inteniplional Telephone Tele- prapli Corp. fios dgrecd to ac- ciuire a food iroccssliiK compiiny, for 708,681 shares of TIT common slock valued nl $41,0 million on the basis of Wednesday's closini; prices, Howard W. Ciwultncy, president, said the company's directors approved the trans- nction, which is subject to approval hy the ITT board. Gwall- ney shareholders will vote on Ihe matter on a date to he announced later.

The firm operates four plants with sor products Smithfield. said the company changed with Us present offices and personnel in Smithfield. Gwaltney's earnings for the fiscal year ended Sept. 27 were $2.1 million or $2.51 a share on sales ol $61.9 million, an increase from fiscal ID68 net of $1.4 million or a share on sales of $49.6 million. Earnings for the first quarter ended Dec.

27 were 5560,172 or C6 cents a share on sales of SllM million, compared with the year-earlier net of $499,598 or 59 cents a share on sales of million. Last year, ITT earned S234 million or $2.90 a share on sales of $5.5 billion. This was a 15 per cent increase in earnings and 16 per cent rise in sales from 1908 net of $203.8 million or $2.62 a share on $4.7 billion in sales. New York Stock Exchange IIUVI YORK (AP) Miyy York SlocV: Exchange stltcted rvocn thrli.) t'li'i Low Lull Chg. AbblLcb 1.10 ACF Ind 240 Ad Millls .20 Air Red AllcgLud 2.40 A1IC3 Pfi 1.32 AllledCli 1.20 t-40 Ctialm some 1,200 employes.

Its include "Genuine flams." Gwaltriey management of the would continue ABronds 2.10 tdcsl 1,20 Am Con 2,20 1.40 Am EnKa lo Am .24 137 41'A 6 4Th 41V, 4tVi -4 II 13 4 1 4) 47 I I I I Ill 43:4 ii iev. 4 vi 13 27 43 1. 31V, 31V, I WH 31V, IWi 41 24V. 24 30Vi Vi 1 23V4 71V, 13 14i, 17 ISVi 2S 1 254 11 27 4- Vt 47 331. 178 34H 33 33 --I 16 405.

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Good- peed added, "commercial banks re marginal mortgage lenders, vith only 21 per cent of their ssets invested in mortgage oans." He said, "The housing shortage Connecticut is bad and get- ing worse. If savings banlcs arc 01 able to attract new savings ieposits, mortgage -funds will be ver scarcer and at higher ales." Francis M. White, president of he Waterbury Colonial Banking ind Trust company and a spokesman for the commercial banks, aid if the savings banks offered hecking accounts, most of their assets would be tied up in these luid funds. He said this would hamper the ranks ability to supply funds foi mortgages. However, a spokesman for the Connecticut Home Builders association said he favored the demand deposit proposal because would mean the savings banks vould have more funds available or housing construction.

William J. Brown, formerly of he Greater Hartford Urban League and the Rev. Peter James of the NAACP, both backed Ihe iroposal on grounds that it would create greater competition be- banks and that it would jive the customer belter service. They also stressed lite convenience to the average citizen of laying his checking account in bank where he makes his lome loans. The lit.

Rev. Edward .1. McKenna of Middletown, said in a letter he was inipaliem with inconvenience of not being able to have a checking account in a savings bank but kept both his personal account and Ihe church funds in such an institution because he knew Ihe funds were used (o back loans to satisfy housing needs. A spokesman for HID AFL-C10 also backed the proposal, but added that the managcmenl of Ihe savings banks should be more answerable to depositors. Charles W.

Jewell, president of Ihe Essex Savings bank and a former lieutenant governor, supported the proposal because, he felt customers were demanding Ihe convenience of checking accounts. "To curtail the growth of savings banks deposits is to HARTFORD (UPI) The chairman and president of the Hartford Fire Insurance Harry V. Williams, says the pro- losed fnerger of his firm with nternational Telephone and Telegraph Corp. will help his company expand rapidly. Williams addressed the annual meeting Wednesday of about 400 stockholders of tho insurance irm, possibly the last for the firm.

Williams said the board of directors and the management of Hartford Fire "continue to support the affiliation of ITT through m'exchange offer." He said the irm sees "great opportunities" opening lo it in a merger with ITT. Williams said, however, if Ihe transaction with ITT isn't consummated, "The Hartford is fully capable of continuing well out the forefront of the insurance industry Seal Fds Beckmon .50 OecchAr Bell .40 Bcndlx 1.40 BenefFtn 1.60 Benouel Belh S1I l.EO Block HR .24 Boelncj Co .40 BolsCOS Garden 1,20 BorgWar 1.25 BrlslMy 1.20 Brunsvjk BucyEr 1.20 Budd Co .80 ftulmavl .40 BunX Ramo Burl Ind 1.41 Burl North CcmpSp 1.10 CoroPLt 1.46 carrlerCp .40 CorterW -40a CoslleCke .40 ColerTr 1.20 CclaneseCp 2 Cenco Ins .30 SW 1.50 Cerro 1.400 Cert-teed .60 CessnoA Ches Ohio 4 ChrAIISPP wl OilPncuT 2 ChrtsCII .301 ler .40 .1.80 35 34tt 35 8 40 40 40 4- Vt 6 ItV. 16V, 53 3iV, 35 34 -37 MY, 2SV4 27 IS 51'. SIS'i SIC. Vi 134 IV, K't .9 V.

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Among those announcing reduction in their prime interest rates to 8 per cent were Continental Illinois National Bank Trust and Northern Trust both of Chicago; (he Detroit National Trust Cleveland Trust the First'National Bank of Bos-ton, and the Delaware Trust Co. of Wilmington. The banks said earlier they had considered a reduction in the prime rale premature at this time. 30W 14 13'A 13V. 131'.

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38'. 3516 26 35'A 35Y. 52 SOVi 34 79V, SO 4 'A BINGO! England (UPI) Mrs. Janet Rae hit the bingo jackpot. She won 40 pounds, ($96) and a seven-pound seven- ounce baby.

Mrs. Rae became so excited 'when she drew the winning number that she went into labor. She was whisked straight to the hospital from the bingo hall--but not before she collected the money. Cotolntsl 1.60 CBS l.40b Colu Gas 1.68 CamlSolv .40 ComwEd 2.20 Comsat con Edis 1,80 ConFocd 1.10 ConHaiG 1.76 Cons Powr 2 ConlAirL .50 Cortl Con 2.20 Cont Cp 2 Cant Oil 1.50 Cont Tel .72 Control Oata Cooperln 1.40 CorGW 2.50a Cowles Com Cox Bdcsl .30 CPC 1.70 CrpuseHlnd 1 CrovrCol 1.07f Crown Cork Crwnlell 1.60, Cudohy .681 OirllssWrt 1 DanRlvr Dart Ind JOb DaycoCa I.M DaylnPL 1.60 Deere Co 2 DelMnte 1.10 DeitaAir .40 DenRGr 1.10 Det Steel DelEdls 1.40 DloSharn 1.40 DlllonCO Disney .300 Diverslnd .36 DomeMin .80 oawChm 2.60 Dresslnd f.43 DuVcPw 1.40 duPont l.lSe Duq V-l 1.66 Dyna Am .40 East Air Lin EcsKodak la EafonYa 1.40 Echlln .78 EGG .10 ElPasoNG 1 43V, 4 3 34 34 34 47 '34 30V. 30'A 30V.

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f--PoJd in sloclt during 1969, eslimaled cash value on ex-dividend or cx-dlslrlbuflon dale, o--PaW last Iv-Oeclared or paid oiler slock dividend or spill up. k--Declared or paid Ihls year, on accumulative Issue with dividends In arrears, n--New Issue, p-Paid Ihls year, dividend omitted, deferred or no acHon taken ot losl dividend meeting, r--Declared of paid In 1970 ptus stock dividend, t--paid In slock during 1770 eslimaled cash value on ex-dividend ex-distribution dole. j--Soles In full. -Ex dividend, y--Ex dividend and soles In lull, x-dls--Ex dtslrlbu- Ifon. xr-- Ex rfstits.

xw--Without war- ww--Wllh warrants, wd--When distributed, wi--When Issued. ncV-Next day delivery. vl--In bankruptcy or receivership being reorganized under: Ihe Bankruptcy Act, or securities assumed by such com- ponies, fn--Foreign Issue to In. terest equalization lax. 7U 4.16 0.7 4.13 S.I 8.74 8.7 13.55 13.5 8.94 10W 10,93 6.14 0.7 7.69 8.40 Bolt FoVt 10.53 Boston 7.86 8.54 Brooo 1 SI, 12,9413.9 Bullock CoLvIn: Bullet 13,75 15 C- Condn 18.6420.

llalW 9.S7 lO.i Vflt 17.61 BUS7A Fd 7.93 8.75 CO Fo! 8,74 9.47 Copamr 7.77 8.51 Capll IM 3.84 4.21 Coplt Slir 6.86 7.52 Cent Stir 11.3512.40 Cbonnlng Balan 10.91 11.21 Com St 1.54 5,50 601 Incom 7.16 7,81 Sped 2.40 2.62 Chaie Gr Bos: Caplt 7,74 B.46 Fund 10.17 11.V nrcl 651 UMIJ.51 nviitori Groui PUBLIC UTIUTY iSToiiKS (Curwu, tmlttV tiK.I. Clrl VI Piib ftp lonn VJolir iyrfraulfc Co lew rtw Hoy Hoilhuil IOS Mut Prog SIlHk Select Vac Py nv Rein (Id 9.4J 10.17 4 3 1 4 7 1 17.9819,55 B.tO 9.46 7.25 7.1 4.4} 4,91 tt.2' 19.34 7.71 7.7 .0 Conn Ooi flE ranicnj Goi Plpi lulled Ilium Uncock 7.63 8.29 cnntln W.4J 20.41 (eyilont Fundl: Apollo 9.05 CU1 Bl 18 47 19.3 CM 62 41 21 4 Cul B4 CM Kl CHS K2 Cui SI CO) SI S3 S4 Polar Knklb KnlcK Ct Hoy Wofir''. immiit tl BANK STOCKS (Curttou, smiih, Inc.) Ctnn Fin Strv Cp QM 1.5'a*. Conn tlal Bk CM 120 I9'l Jotl nlnuj.ll* Tf lit; 66 I.W 44 7,35 1.26 9.9210.92 4.10 .48 364736.4 Shrhd Spec! Chemcl Equly Fund 11.69 8.59 9.39 18.99 4.24 4,63 10.7911.7 4.15 6.7: 8.82 9.6 7.t2 4,94 S.Y 17.5719.1 9.75 10.6, 7,26 7.9 4.71 3.89 4.27 O.IS 7.51 9.1810.47 Lex Grill 9.4110.31 let Rich 14.9114,30 Lll! Stk SS7 6.09 Lilt Inv Line Hot Llia Loomls Canod Coplt 10.5510.55 rr.ul 13.7613.76 Mogno In tl.15 8.91 Mantlln 6.30 6.89 Mass Fd 10.30 Mass 01n 11.7212.81 Tr 146315.99 Males 5.05 5.05 Maltiers IdA Ml) 5.73 6.26 aody Cp 12.5113.67 ioody's 12.4013.77 ilF Fd 8.94 IIP Gtd J.4I 5.85 lu OniG 4.96 5.39 iu Omln 1.7410.57 tut Shri 15,0815.08, EA Mot 10.3910.W lot Ind 7,80 lal Invst 7.61 8.23 Secur Ser: Balan 10.3411.30 5.50 5.79 4.23 4.62 8.9J 9.81 6.53 7.14 5.21 5.69 8.04 8.7f 0.23 10.03 21.1721.17 28" IHi V. 201 i 15V, 36Vi EllraCB 1.20 23 25 24JA Emcr Bee 1 End Jannsn Essexlnt 1.20 Klnyl Cp ,84 FonslccL Inc 23 621i 62 25 4 24T.

17V. 62V. 4 26 Net High Low Losl Chg. Am Pelr AO Indvjt Arfc Besl ,30 ArkLGos 1.70 Asomcra Oil AllasCorp Barnes Enp BrasconLI lo Compbl Chib Cdn Javelin Cinerama Creole 2.60 Dlllord Olxllyn Corp Dynolcctrn EqiiltyCp .301 Fed Rosrces Frontier Air Gen Plywood Gtant Yel .40 Goldlleld Gl Cosn Pel Oil .30 llycon Mta Imp Oil If! Corp MIcJwFlnl .37 7 14 12 33' i SI 4 33i 3'i 1 19 18I 19 I Vi 15 291 Vffi 29U 60 141! 14, V. 54 2V, J'l 2, list 1114 74 44 13', 54 14V, 32 71 15 281, 4 32 34 dry up the funds from flow tlic of rtiorljwgc one banking source which has consistency supplied the local home buyer with funds," ho said, 4V 141 13 7 1 12 21 Vi 14Vi 4 13 I4'l 4 V.

4 71. 7H i R1C Intl Ird Sayan Indusl Scurr Roln Wn Nuclior Svntew A 138 2J V. 14 91k 8 14 14 39 12 1 10 I 15 4'i 104 1IH 7I 99', 21 147 35' 4i 111. 17 II'-. 6' 4 20 4 Vi 314 19i VI 13'i Ik 3111 3 8 4 i II 97 --U, IS Wt 411.

I4 ii Fsl Chrl 2,291 Fto Pow 1.60 FlQPowLt 2 FMC Cp .85 FoodFoir 2,40 FrecoSul FruthCp 1.70 GAC Cp 1.50 GAP Carp .40 Gam SVo 1 30 Gonncll .43 GcnOynoin 1 tien Elcc 2.eO Grn Fds 2.60 Gen Mills .88 GcnMol CPotUI I Tel El 1.52 Gen Tire Ib Genesco 1.70 Go Pac Gcrbcr 1.20 GcllyO l.Wc Gillette 1.40 Glen Alden Glotwl Marin Gaodrlch 1.72 Goodyear .85 GroceCo 1.50 GronllcC Sll GronlW I.SO Ct AXP 1.30 Gl West Flnl GlWnUnll .90 GrecnGnl .96 Grcyhounn 1 GrimimnCp 1 Gull Oil 1.50 GullStaUl Gulrwln Haltlburt 1.03 Harris Inl I McclaVSng .70 Merc Inc Hew Pnck Hod 6telrn Ho.ll(^'tnn .11 HollySug 1.20 13 IB 39 45 18V. 81 76V. 23 9Yj 3 12V. 118 31V. 35 37'', 14 4i'fy 44V, 106 40 38V.

38 1 'i 8 241, 241. 3 SOV. W. 35 75 23'i 23 23 17'. 17 109 46' 53 241 65 52 34V 157 65 13', I 24 28 7SV.

33Vi 17V. 4 44V. 24 1 24. 31V. 4 I 34Vi 44 44.

4 2 14 24 J75-. 15 20 53 47 15(a 87 12 68 36Vi 35J.1 51 29I'a 2)(. 55 2V. 54 I9V4 450 49V4 18 25'A 25 40 4 Vt 33 53Vi 52V. 4 13 13V, 34 iwn 104 ion; 4 r.

175 53Vi 53 29 241. 34 25 i 4 V. 164 55 34V. 149 7 43 29Vj 201s 241s 34V. 24ii 34 V.

t- 201, -29 17 109V. lOBJi PubSCol 1.06 19 21U 7 76 75'. 36'i 45'. 21 HI 7J', 41 2 34 755. 49 24'.

370 32Vi 3I4 41 20 15 29 381 383 52' 35 361 4 45', 45 35 I'l 10 ISi. J4 31'. 539 2SM 19 21M IS'. IS 15 43 4714 8 77U 494 22 1 2iv. 115 20 11 251.

15. 23 20 317 78 54 241, 49 1E8 42 23 19 3P 5 30 24 26 J5''. 24 4 32 20 29 4 51'. 42 36H 44'i 4 4 15'. 4 31V.

4 281 I- PSvcEG 1.64 Publklnd .451 Poeb Sup .23 Pullman 2.80 Qu ester .50 RalslonP .60 Ranco Inc .92 Roylheor; .60 RCA 1 Reading Co Relchch .50 Repubstl 2.50 RevEon 1 ReynWel ReynTob 2.40 Roon Sel Rohr CP .80 RoyCCola .54 Royal Dut 2d RyderSys .50 Salcway 1.10 St Jos Leod 2 SIRcglsp 1.60 Sanders .30 SoFelnd 1.60 SanFelnl .30 Schenlcy 1.40 Schering SCAI Cp SCOA Ind .60 Scott Poper I SbCLInd 2.20 SearlGD 1.30 SearsR 1.200 Shell Oil 2,40 Shell Tr 2 SlonoICo 1.20 SlnccrCo 7.40 Smith Kf 2 SCor EG 1.26 SovColE 1.30 South Co 1.20 SouKGal 1.40 97 3 7 22 47V. 24 171J 43 51 23 165 10 13 a ii'. 17 36V, 24 44 35'. 73 40 327 ill 17 16. 16Vi 145 3711 371, 27 J3, 40 20 28'i 21 35V, 35 IMx 1051 14 24 23V 90 60V4 21V4 244ft 46W 47H 4 17 17 281 2BU iav.

ian 4 27i 301.1 sin ii 12V? 13 V. II 3 IIV: 4 V'4 D-J Averages, STOCKS 30 Indus 20 Tronsp 15 Utils 65 Slocks BONOS 40 Bonds 10 Higher grade rolls 10 Second grade roils 10 Public utilities 10 Induslrials 79l.38tl.25 173.68--0.06 263.25 0.13 69.59tO.10 53,65 (inch 69.37+0.05 78.54 0.23 76.41 0.10 PRIME RATE CUT SEEN PERCOLATING SLOWLY i Vi 35' i 231. 19ik 4214 27 29 RALEIGH, N.C. (AP) -Treasury Secrelary David Kennedy says will probably be six months or more before the lowered prime interest rate brings relief to consumers "in the form of lower prices." He told the North Carolina Citizens Association Wednesday night that lowering of the rate to per cent from per cent by major banks earlier in the day indicated an "end of the inflationary economy." The prime rate is that charged the most creditworthy borrowers. "I believe this signals a change in Ihe economy," he said in departing from his prepared text.

He added he felt the drop would bring the prime rate more in line with other sliort- term rates. Co! Grill 12.59 12.59 Comrnc 8.93 9.7 Corns Bd 4.H S.I Commonwllh Fds: Cap Ft 8.71 9.5 Incom 8,92 9.7 Invesl 8.54 9.3 Stock 1.55 9,34 Cw.ltl AB 1.35 1.46 Cwllh CD 1.39 1.7 Comp Al 13.1814.4 Comcet 7.M 8.0 Comp Bd Comp Fd comstk Concord Consu In Conn Ml Cont Glh Corp Ld Cnly Cop 12,2213.2 Crn 6.23 6.8 Cm WDOl 9.51 10.3 deVgh 63.B863.Z Decci Inc 11.25 12.31 12.2013.3 Oownt 5.65 6.1 Orexel 14,5714.5 Dreyl Fd 11.7212.8 Dreyf Lv 12.20 13.3 EatonHcward: Balan 9.8210.1 8.5] 9.2 9.19 9.9S unovo 13.2413.2 3.97 4.3- B.I 9.2J 14.02 Grwtfi Incom Sptcl Slock Ebenl Fgret Energy Equity 12.21 13.3. 5.96 6.. 9.34 10.2 13.2514. 13.14 13 1 12.29 13.3i 12.7512.: 8.62 9.4 Equl Gill 17.54 19.

1 Essex 11,54 Eversi In 12.4513.1 Falrld 10.4511,4 Form Bu 10.S210.! Fed Grth 12.tSI4.(_ Fid Cop 12.3 Fid Fund 15.1516. Fid Trrtd 22.S724.1 Financial Prog: Oynm 5.99 Indus! 4.00 4.: Incom Venl 7.59 8.: FstF Va 10.2011. Fslln OIs 8.09 8 Fst InGlh J.77 9. Fit InSlfc 8.47 9. Fsl 7AUIII Flel Cap Fit! Fnd Fla Gth Fnd Gm Foundrs Foursq Franklin Gl DHTC Gnvlh Ulll Freedm Fd lYMu! Gen Sec Glorollr 8.SI 6.70 5.95 6.33 i.

S.3S S. so; s. 9.64 10. 9.25 10. 6.38 6J1 7.

2.14 2. 7.S1 8. 9. 9.97 9. 11.61 11.

Group Sec: Apex f- 7.58 6. Bol Fd 8.52 9. Com 51 12.20 13. GrlhFd A- 7.H 7. Grill Ind 20.4720, Gryphn 14.04 15.

Guardn Hamilton HFI Glh 24.1524. Hono Karbar Hedge Herllae Mann Hobsmn I CM Finl 151 Gth IS1 Inc Imp Cap Imp linovo vnavi 1.23 1. 8.52 9. 12.27 12. 7.14 7.

11.4312. 2,56 2. 14.91 IS. 5.62 6. 7.35 4.95 5.

4 61 9.03 9. 7.04 7. Ind Trnd 12.42 13.5 16'. 24? 17'. 40'.

1 W. 4 3P, Hoomtkl .40 Jl N14 20 4 24'. 4 IIH 41V; II' i 4 I't 3 1 ll'i II 141, 161, 16 Mli 32V4 J8 3iVj 43 42V, 41V. 4 Vi 67V. 4 Vt 4l'i ii 34' 3-71 107 67'', 1 34! 32 22H 44 TVi.

50 85 26', J6 81 271, 27 20 47V. 46' 32i nvi 4 ''I 26Vl 4 32H 4 i. Intfslry Inv CoA Inv Guld 5.26 5. 9.63 10. 12,35 13.

8.99 Band Dlvld Pf Stk Incom Slock lei Grth feuwlh don't have to be wealthy to earn interest at PEOPLE'S: INVESTMENT CERTIFICATES From $100 lo $50,000 New Wld 12.3013.44 lewton 14.41 15.75 Ocnoph 6.77 7.40 omega 7.11 7.23 Fa 13.9415.24 Fd 9.3410.21 One WmS 14.43 14.43 0-II ell 12.32 12.32 Oppentl 7.13 7,79 OTC Sec Pace Fnd Sq Pa Mut 'hlla Pilgrim pilot Plan 10.8711.81 9.70 10.60 7.97 7.W 6.72 6.72 13.90 15.23 8.93 9.81 7.33 8.01 7.00 7.45 13.5014,75 9.73 10.63 7.76 8.48 6.96 7.61 8.90 9.73 7.50 8.20 4.31 4.72 11,1612.20 6.70 7.32 5.44 5.97 15.0514.47 Plan Fnd 11.53 12.60 Plan Inv- 10.47 11.44 Prtce Funds: Grwttl 23.73 Ero 9.S7 9.57 II Hor 15.3915.35 Pro Fund 9.SS 9.85 Provdnt 4.49 4.91 PurllQjl 9.EO 10.71 Putnam Funds: Equit 8.23 9.05 Georg Grill Iricam Invest Vista Voyag Rep Tech Revere Roienlh Sol em Schustr Scudder Inl Inv 15.5615.81 Spd 32.7232.72 Bol 14.9014.90 Com SI 10.20 10,20 Sec Equll 3J3 3.64 Sec Inv 7.37 8.05 Selec Am 9.4510.22 SpecS 14.81 16,19 Sn De-on 17.93 17.98 Side 9.7910.73 Srgma 9.23 10.09 510 Inv 10.4011.58 Swlnv Gt 7.04 7.611 Saver Inv 13.34 14.43 Speclra StFrni Gf 5,04 State SI 45.00 46.001 Sftxidmon Funds: I Am Ind 9.6310.55 Flttuc 6.47 7.09 Sciw 3.99 4.37 Sleln Roe Fds: Bo! 13.89 It.SS Cap Op 8.89 8.89, Stock 13.2613.241 Sup InGt 6.78 SuplnSI 9.4710.40 Syn'cr Gl 9.9010.83 TMR Ap 16.1317.63 Tectlflcl 5.70 6.31 Temp Gt 22.1027.43 Towr MR S.66 6.19 Trun Cap Trav Eq TwnC Gt TwnC Inc Unll Mvt Unlfd Un Copltl 7.24 7.81 unovail 3.49 3.81 4.19 4.58 9.83 10.74 9.17 10.02 8.87 9.69 United Funds: Accm 6.80 7.45 Incom 12.9514.30 Sclen 7.34 8.04 Vcng 8.48 9.51 UFd Can 8.32 9.09 Value LCne Fd: Vol Lin 4.98 7.65 Incom 4.84 5.30 Spt Sll Vondrbl Vangd Var Indp Viking 4.29 6.S9 7.12 7.78 4.40 4.31 4.84 5.26 647 7.03 WollSt In 11.05 12.03 Welllngln Group- Explr 22.67 24.12 14.99 16.38 t.41 10,30 II 1412.17 9.57 10.44 46S 7.J7 7.19 7.86 4.87 5.31 4.5» 7.20 IVi Alorg Trusl Wlndr West Ind Wincp Fd Wlnlleld WiJc Fd $4 MILLION LOSS TOLD BY AMERICAM CEMENT NEW YORK A A i a Cement Corp. reported texlay that it liad a ncl loss for the year ended Dec. 31 of $1 million, after loss from discontinued operntions and extraordinary items, as aR.iinst a net income of million, or $1.11 a share, in I3GS. The company's sales last year rose per cent to $136.2 million from S126.5 million in 186S. CONNECTICUT iNDUSTRlES (From Francli I.

du Panl Acme Shear Allied ProducU Arrow Hart 8. Hegeman Associated Spring Bartfen Corp Dictaphone Corp Chessco Ird Emhorl First Conn Prouffc American Brands Announces Plans to Acquire Swingline NEW YORK (AP) Plans ing and the value of the bid have been for American Brands Inc. lo acquire Swinglinc. a producer of fasten- iiR lonls ami equipment. In joint statemeiH Wednesday, the companies said American Brands, a major producer of tobacco, food and beverages, wiill make it lender offer to purchase all of Swinjlinc's outstanding common shares tor $Jj a share.

As of last Aug. 31, Swingline had i.7 million shares otitstand- pnl at nearly $200 million. Jack Unsky, president nnd chairman of Swingline, and Belle Linsky, treasurer, said the shares owned by them, totaling, 18 per cent, would he lendercrt to American Brands. The companies said the American Brands offer hinged on whether it could gel SO per cent of SwiiiRline's aulslanding shares. But they said American Brands reserved the rifrit to accept less (han this amount.

Bid Asked 23) 24ti 4 3 44Vi 33V, 15 I5. 18U ISVi 17 41 tlV, 151, 16V, Stonier Works Veeder Ind Vltromon 3ii .1. Sonltos Service Corp 15 ij'S Pr(tent dividend on com paniet cvallabir from your broker.) LOCAL INDUSTRIES (From Froncfj I. du Pont onS Aerosol Tech 1.69 American Chain MO Carpenter Sleel 1.40 Crone Componjv Harvey nubbell 'A' .94 KubbtH 'B' Foremoit McKtuon 3.00 RoybtilOi Inc M4 Rtmlngton Armj 3-30 Strtfltr 1.43 Untied AlrcmM .35 Valve Corp of Am CcniollJaleiJ MM 30 sm INSURANCE STOCKS (Carnau, smith, Inc.) Dlv. Conn Ger, OJ Marllord Fire QJ 1 40 Injur JO Security Corp Ql J.OO 1 Guaranteed on two-year maturity Guaranteed on one-year maturity INTEREST COMPOUNDED QUARTERLY DtK 90 day notice Requir 'SAVjNGS ACCOUNTS Compounded Quarterly' FROM DAY OF DEPOSIT TO DAY Qf WITHDRAWAL When accounr opeft until next NOW DEPOSITS INSURED TO $20,000 by FDIC.