Santa Cruz Sentinel from Santa Cruz, California • Page 10

1 Thursday, January 21, 1971 El1 rirtP tri r.n G. -J adz a Cto My 24' 'MtS1aTT 1.36 D-J Averages 21 353.4 4fl -I- NEW YORK (AP)-Thursday's selected! Burrghs .60 New York Stock Exchange prices: Va Rdq Bate .25 Reich Ch .20 ReoubStl 2 50 Revlon 1 a-, 3 Qacn High Low Close Net EatonYa 1.40 EchlmMf .52 EG8.G .10 E'PasoNG I EltraCp 1.20 248 29 27 104 11 1034 94 31 30 67 167 57 56 420 27 27 164 37' 2 58 47 93 29' 2 14 25 274 316 167 3034 36' 2 3014 14 IB' a 27 67 38' a 2334 43' 2 28' 2 Un Elec 1.28 11 i(jnOilCal 1.60 31 'Un Pac Cp 2 70 34, union Pacif 2 5634 iUniroyal .70 27 IUnit Air 1.80 Va UnBrands .30 17 I Unit Cp 1.17e 18 14 Unit MM 1.30 41 US Gypsm 3 Nat Airlin ,40 Nat Bisc 2.20 Nat Can .45 NatCashR .72 Nat Distil Nat Fuel 1.68 Nat Genl .20 5 1- Reyn Ind 2.40 ReynMet 1 .10 RoanSelTr Vs Rohr Cp .80 RoyCCola .54 36 46 3 29 25 313' 3 30 14 45 35' 53 31' 23 30'2 463a 29' a 25' 2 315' 2 303-4 15 46 35 53 31 23 32 15 172 5 60 17 16 Ethyl Cp .84 19 -in Ind 8 95 859.60 845.08 854.74 4.79 38 20 Trn 181.37 185.07 180.85 184.45 3.02 17 15 utl 127.62 128.67 126.28 127.43 0.32 10 as stk 281.10 284.80 279.44 283.6 1.99 29 ''4 i Transactions in stocks used in averages: 63 ndus 1,092.300 203-4 Tran 660,600 32 1 utiS .14,700 28 ''2 65 stk 2,167,600 500 18 175'i EvansPrd .60 50 25' 2 38 17 25 21 25 6 22 45 13 140 315 166 243 40 12 435 Roy Dutch 2e Ryder Sy .50 46 35' 2 5334 31 23 32 hi 1 37 1'US Indust .50 Nat Gyp 1.05 225 41 40 234 37 35 '4 Nat Indust 1 Nat Lead 1 Fair Hill JJ'4 Fansteel Inc Safeway 1.30 St Joe Min 2 2 StL Sa 2.40 US PiyLn .64 US Smelt lb US Steel 2.40 UnivO Pd .80 Univer Comp Upjohn 1.40 85 374 16 31 '4 305 16 152 IS 9 28 93 683 51 38' 2 50 24 42 453'4 675 26V4 33 10 26 14' 2 155 42 565 41 3 24 60 48 195 47 73 29 50 55 41 75 301 25 34 19'i 390 55 92 23 "2 110 18 76 32 Fedders .40 Today's Total Volume 18,700,000 Shares 23 23 2 47' 2 Vt 59 Nat Steel 2.50 I Nat Tea .80 545.4 4- a'Natomas .25 42 Nev Pow 1.16 Newberry 1 201 35 93 29 66 47 68 38 264 15 298 26 111 36 V2 19? 50 25 38 '4 16 25 20 24 6 20 45 13 57 41 18 24 28 1734 713 2834 25 21 50 28'a 25' 23'a 39 30 48'a Firestne 1.60 54 42 6234 63 12 Cadence Ind Cat Finant Net CampRLk .45 Low Close Chg.lcamp Sp l.lo 76U 76- ViCaro PLt 1.46 iSH 48 ii CarrierCp .60 5-hi '-4 CartWal 24i4 25 iCastleCk 9'3 10' 4 1.20 513 51 V4 CelaneseCp 2 21 213 Cenco Ins .30 344 37' 2 1 jcent SW 1.90 22''2 231 V4 Cert-teed .80 12' CessnaAir .60 28' 28' 1H crt St 24'4 24'j Ohio 4 24' 7tH SPP 30'' 30H V2 ChiPneuT 2 154 15' (Chris Craft 62 62' 4 '4Chryslr .60 13'i 13H B'CITFin 1.80 46' 2 47' HicitiesSvc 2.20 27V4 '4 ciark Eq 1.40 44' 2 4414 ClevEIIII 2.24 26H 26,4 Col 1.44 39 39 Pal 1.40 25 koliins Rad 33' Cololntst 1.60 30 '8'CBS 1.40b 543 42 63 64 12 27'2 1.54 35 29 47 2 38 15' i 26 36 Va 2 26'2 Va 62 17 1 16 Vt 25 Most Active 25 934 14 41 40'-4 24' 3 48'2 45'2 28 54 75 253 19 54 23 18 31 '4 12 41 StRegisP 1.60 )85, 1,4 Sanders Asso 24 iSa Felnd 1.60 29 SanFelnt .30 )734 ia Schenley 1.40 72 1 JSchrgPIgh wi 29 34 SCM Corp 26 SCOA Ind .60 14 "4 I4J4 24 Varian Assoc Vendo Co .60 VaEIPw 1.12 2727 146 22 21 181 36 35 105 49 48 38 43 532 19 1B'4 74 38' 2 37' 2 557 17 17 49 10 10 96 29 29 43 63 62 129 20 20 586 32 30 112 28 27' 4 475 33 33 459 23 23 733 23 20 128 48 47' 2 360 14 13 29 1434 14' 69 24 24 49 4234 62 52 4 70 69 21 23 23 43 24 24 36 38 38 103 45 44 758 73 70 337 57 57 8 5 71 70 401 22 22 468 8 8' 49 39 3834 183 39 38 a 533 88 87' '2 69 40 39 99 39 38 5234 'A 120 53'45234 NEW YORK (AP) Sales, closing price anrf net rhanoe of the fifteen most ac- FMCCp .85 Newmnt 1 .04 NiagMP 1.10 Norfolk 5 Norris In .80 No Am Phil 1 NoAmRk 1.20 NoNGas 2.60 NoStaPw 1.70 62 34 tive stocks traded on the NY Slock Ex- Wachova 1.20 22 1 Scott Paper 1 22 25 25 26 97 9 40 27'4 41 1.20 SDCL In 2.20 1 change. 23 Vti; FcdNat Mtg 340,600 2534 26 9 Va ForMcKs 6OV4 1 WashWP 1.36 WstnAir 2.19f 25 26 9 26'2 36 122 2634 it KyFrd Chkn zov.auu 38 lSDerrv Rnd 209,700 Va i Northrop 1 Wn Banc 1.30 37 50 26 24 39 30 49 37 i Nwst Airl .45 204,100 45 1 Saxon Ind 255 124 36 IN A Cp 1.40 31 Rand 2 16' 4 1 Inland Stl 2 18 1 3-s Intrik Inc 1.80 28 -r IBM 4 80 68 Int Harv 1.80 38' a Int Mineral 23 "a In Nick 1.60a 4534 2 Int Pap 1.50 Int 1.15 Iowa Beet 26 IV2 lowaPSv 1.36 9 "4 1 itek Corp 14 I 42'a J' v'lJewe Co 1.50 7i' 1.20 2v' '80 -1 Jones Lau TNJostens .70 IjJovMfg 1.40 19 14 55 Kan GE 1.44 23' Kan PLt 1.26 18' a Vt Katy Ind 32 1 KayserRo .60 jKenncott 2.60 1 KerMcG 1.50 2P4 Va KimbClk 1.50 13 Koppers 1.60 37 jKraftco 1.70 36V4 SS .44 26' Kroger 1.30 100 334 8534 -1! 32 iLearSieq .50 7914 4. 34 LehPCem .40 24 VaiLehVal nd 32' Lehmn 1.10g 241 LibOFd 1.20 32 LibbMcN 59 'a Liggt My 2.50 43 Va 1 Ling Tern Vt 7412 i 14, Litton Ind 46 Va1 Lockheed Air 8V4 LoewThea 1 1534 ieiLone SCem 1 2914 LoneSGa 1.24 31 LonqlsLt 1.34 32 ''4 Lucky St )2 14 'LukensStl .80 52 2 ILVO Corp 30 '3 1 Lykes Yngst 253 271, 14 28 vV Macke Co .30 i 1, iMacy RH 1 1.40 33 34 (Norton 1.50 35 28 45 38 13 25 34 25 61 15 16 25 40 58 79 4734 47 14 67 52 16 30 34 28' 54 37 67 10 25 23 70 49' 8 52 57 48 'a GAC Cp 1.50 WnUnion 1.40 WesgtEl 1.80 Weyerhs .80 Whirl Cp 1.60 White Motor ...195,300 ...192,700 .180,500 ...148,000 33 l'aortSim 1.831 73 Nat Lead 57 city Invest 7' iAvnet Inc 22 4iGinos Inc 8 Matnmas oro .40 14 Searl GD 1.30 34 Sears 1.20a Shell Oil 2.4 Vs Sherw Wm 2 1,, 'Signal Co .60 4. SinqerCo 2.40 Smith KF 2 Sony Cp iSCar EG 1.26 WSouCalE 1.50 South Co 1.26 1.40 nn 1.76 44 19'a 26 22 22 21 12 18 59 15 35 31 15 914 18 1 1 34 1 1 1 2 1 Vi 2 '-a GamSko 130 57 33 179 34'4 70 44 137 60 768 38 4334 Vt 40' Vt 38 Va 150,400 35 36 Cmb En 1.30 33 33'4 VaiComlSnlv .40 Occid Pet lb 80 48 48 1 14 68 34 54 2 16 30 Vi 34 34 284 54 34 3734 70 IV2 10 26 1 23 38 Telex Corp 136,400 Whittaker Winn Dx 1.68 Woolwth 1.20 OhioEdis 1.54 18 27 27 22 Okla GE 1.24 OklaNGs 1.24 39 pac Gas El 130.200 Fly Tiger 129,400 0.

Imp Cp Am 122,900 88 Republic Cp 118,900 Occiden Pet 115,700 36 26'a 111 62 675 17 17 17 249 26 181 41 102 60'4 204 80 130 48'-'a 77 48 213 15 60 68' 147 54 264 16 57 31 348 34 334 2834 64 55 101 38 162 70 152 10 2097 263 72 5334 134 71 51 49Va 102 9 531 52 241 58 585 69 77 81 Vs 96 38 127 41 98 30 85 55 13 47 56 5 349 33 86 11 18 27'4 2634 22 18 13' 42 29 45 5634 Xerox Cp .80 Olin Corp .88 Omarkln Otis Elev 2 OutbdMar 1 Owen Cng .75 Owen III 1.35 Zale Corp .64 GnTelEI 1.52 Gen Tire lb Genesco 1.70 Va 33' 33 43 59 3j 13 14 4 16 43 63 48' 12 24 10 37' 27 24 26 36 20 6 8 Zenith 1.40 22 24 Xfl 20 'B 44 51 33 25' 343 39 101 17 44 25 239 21 153 25 65 6 1953 22 92 45 "4 58 13 1506 61 12 41 "2 33 1834 87 25 523 29 233 18 74 72 196 29'2 153 26 171 22 49 50 77 29' 106 26 1082 24 6 39 163 30 132 49 0 1157 19 69 27 25 27 20 22 312 20 23 13 63 43 250 30 38 4 534 335 57 1302 35 86 27 127 28 74 21 'a 39 21 Va 33 1234 603 14 89 38 415 6 79 1234 113 60 79 26 14 144 31 156 54' 366 37 119 383 238 24' 538 50 454 31 900 28' 391 87 29 21 'a 48 35 126 57 286 24 300 29 60 7 357 15' 13 32 256 43 70 15'4 223 26'4 24 173 48B 32 718 29 4 6 549 111' 2 107 111 -f 3 il 87 10 97 10' -r 5 I 8 9' 2 1't 94 i 18 29' a 28! 28 2 I 66 32 32' 3 32 '4 I 54 28 2B''4 28 1 249 354 35'a 354 '-2 200 17' a 16 16 'a 271 21 21 "4 21' 3 474 45' 2 44 45' 144 65'a 65'2 65 Va 115 41 Vj 40 l'4 71 51 51 51 44 28 27' 2 28 86 18 17 18 Va 3 19 19 29 58 57 58 49 13' 12 13 V2 74 36 36'2 36 751 934 8 9'2 608 25 25'. 25 50 43 43V2 43' a 253 49'j 4834 4834 32 39 38 38 70 42 41 41 90 85' 85' 85'j 83 46 46V 46 Va 70 15 14 15' V4 18 34V4 34 34 421 35'4 34 35'4 l'4 244 37'4 37 37 79 53 53' 53 Va 41 1734 17'2 17 V4 224 43 41 43 1I 301 53 52'2 5234 i 278 28 28' 28'j 59 40 40'2 40 Vt Ml 31 30'4 30' V2 37 36 36 227 16 16 16 429 37'4 3634 374 74 38 372 38 237 30 30 137 26'2 26'a 26 Vi 479 53 51 52 234 21 32V4 3134 32 Vi 75 195 188'2 194'4 534 14 8 8V4 8'4 58 50 20 20 117 36 36 36'? 1 5 53 23' 23 Vi 291 13'2 13 13'2 88 183 is 18V4 t4i 94 32 31 32'A 53 19'4 19 19 Vai 273 12' Wk 12'a 49 10V4 912 10 74 38' 37 3734 16 203a 20 20 Va 101 27 27 27 Va 52 42 41 42 24 26'2 26 26 V4 252 37 37'4 37Vi 129 23 22 23 Va 144 2234 22' 22 Va 29 23 22 22 Va 207 155 151 154'j 3 52 78Vj 77 78Vj IV2 57 10 9' 9 Va 28 24'4 23'4 23V4 1 69 58 58 58 14 205 7734 77 77'j Vt 97 3 4 33 34 V2 295 25 25 25 'V 109 1 33 132 13234 94 26' 25 25 V4 73 7 7 7'4 721 17 16 17 345 75 74'i 7574 1 14 IV4 14 Vs 4V2 17 43'a t4 6 48 V4 12 55 Va 10 Vt 374 28 V4 24 7034 Copyrighted by The Associated Press 1971 A Sales (hds.) High AbbtLb 1.10 23 76H ACF Ind 2.40 20 49 Ad Millis .20 78 15' Address .159 '54 25' Admiral 190 10'4 AetnaLfe 1.40 158 511 Air Red.80e 59 21s Akzona la 27 37' 2 AlcanAlu 1.20 636 2334 AMeg Cp 90 12' 2 AllegLud 2.40 1 48 30H Alleg Pw 1.32 116 24'a Allied Chl.20 2 39 24'i AlliedStr 1.40 130 30H Allis Ch 257 16''4 Alcoa 1.80 167 62H AMBAC .50 316 14' Am Hess 249 47'- Am Airlin .80 1093 27' A Brnds 2.10 222 448 AmBdcst 1.20 28 2 2 7''2 Am Can 2.20 151 39 ACrySug 1.40 4 25V4 ACyanid 1.25 292 AmEIPw 1.70 450 3P4 A Home 1.60 218 72' Am Hosp .26 491 36" A MtlClx 1.40 142 33-ln Am Motors 403 71 ANatGas 2.10 167 4IV3 Am Photo .16 208 ll5 A Smelt 1.90 328 27 Am Std 1 231 29 wt 804 11" Am 2.60 802 52'4 AMF lnc.90 665 294 AMP Inc .58 55 56Vt Ampex Corp 189 174 Anacon 1.90 296 21H Anch Hock 1 25 35 Ancorp Svc 1 22 21 'i Arch Danl 56 36 ArmcoS 1.60 175 23 Armst Ck .80 229 32V4 AshldOil 1.20 983 26'i Assd DG 1.20 19 43sn Atl Richtld 2 1 56 65' Atlas Chem 1 90 265 Atlas Corp 64 Vk Avco Corp 153 15' Avnet Inc 1805 1 2 Avon Pdl.10 85 85V'a BabckW .50 77 25's Bat GE 1.82 184 34. Beat Fds 1 90 37' Beckman .50 161 Beech Air .75 57 1 5 Bell How .60 60 33'j Bendix 1.60 151 31 BeneflCp 1.60 89, 55V Benguet 191 7a Beth Stl 1.80 411 23 BlockHR .36 139 69 Boeing Co .40 87 18 BoisCas 231 44v Borden 1.20 225 25'2 BorgWar 1.25 105 28i Brist My 1.20 169 69 Brit Pet.43e 219 11 Brunswk .12 243 21 Bucy Er 1.20 64 28 Budd Co 78 14 BulovaW .60 23 25Vj Bunkr Ramo 164 107s Burl Ind 1.40 112 45 BurlNor 445 35'i 49 Vi 834 52 Va How To Read Stock Table Sales figures are unofficial. Unless otherwise noted, rates ol dividends in the foregoing table are an 6'a 7 2.20b 41' Comsat .50 10'b Con Edis 1.80 27 27 V2 Con Fds 1.20 28 28'a t4 ConNatG 1.88 11 ll'2 V2 cons Power 2 51' 52 Cont Air Lin 28 29'2 1 Cont Can 1.60 55'4 56 2'a Contl Corp 2 I6V2 16'a Vt Cont Oil 1.50 21 21 "a V4 1 Cont Tel .80 34 34 i Control Data 20V4 21 iCooperln 1.40 36 36'4 CorGIW 2.50a 22 22 V4 Cowles Com 31 ''2 32 1 Cox Bdcst .30 26'4 26'a CPC Intl 1.70 43 Va CrouseHind 1 65 65 CrowColl 26 v2 crown Cork 2 2 VajcrwnZell 1.20 15 15 VaiCudahy '0' 12 l'akurtissWr .60 21' 12 37 3534 25'4 96 8534 32 24'4 31 24 31 58 43 76 "1 46 734 15 29 3034 31 12 50 vB 30 Vt 2434 26 57 18 2234 29 Vt 25 21 202 21 128 13 58 38' a 11 36 344 26 Vt 871 100 173 7'4 58 35 527 79V2 597 24 502 32 175 24 170 32 328 59'4 154 43 90 77 124 47 727 8'4 164 15 91 29'2 2B6 31 '2 109 32'4 48 13 196 53 163 30 1143 2534 38 27V2 24 28 228 19'4 162 24 510 2934 514 26 476 22 GaPacif Gerber 1.20 GettyO 1.06e Gillette 1.40 Glen Alden Global Marin Goodrich 1 Goodyr .85 Grace 1.50 58 693 ia 20 1 '2 Sou Pac 1.80 1334 Vt SouthrnRy 3a 43 Ind 30 23 SprryR 45 Square 5634 Va Squibb 1.50 StBrands 1.60 Std Kollsman 35 '4 StOilCal 2.80 27 StOillnd 2.30 2834 'stOitNJ 3.75e 21 Vt stdOilOh 2.70 21' Ch 1.80 15 .80 14 StevensJ 2.40 383 studWor 1.20 5 lb 12 VslsurvyFd 60 1 'Swift Co .70 25 Systron Donn 14 14 4 17'4 4334 6V2 48 'a 12 25 11' 37 28 25 27 37 203 6V4 8'4 11 36Va 18 Murphy Seeking 8034 27 38 1 Vi 37 20 To Plug Loopholes nual disbursements Daseo on me last quarterly or semi-annual declaration. Spe 80 34 40 29 5434 4634 53 32 'a 10 tVt Va 8' cial or extra dividends or payments 41 3 30 5534 7, 47 5 Vt 33 11 Va PacGE 1.50 Pac Ltg 1.60 PacPetrl PacPwL 1.28 Pac 1.20 PanAmS 80e PanAm WAir Panh EP 1.80 Penn Cent Penn Dixie Penney JC 1 PaPwLt 1.60 PennzUn .80 PepsiCo 1 Pfizer Phlpes 2.10 Phila El 1.64 PhilMorr 1.20 SACRAMENTO (AP) Legislation to impose a 1.5 per cent IOV2 Va 30 stale income tax on exempt 54 231, 12 Mad Fd 27' 29 Greyhound 1 GrummnCp 1 Gulf Oil 1.50 GlfStUtll 1.04 GulfWn .50 35' 26 283 21 51' 12 13 37 5 123b 59 25 30 53 37' 3734 23 49 3034 27 85 21' 3434 5634 24 29 6 14 32' 40 36'a Va 18 Va 39 35 1' 33'a V4 37 Va 19 Vt 34' V4 25 Va 22 1 not designated as requiar are meniitiea in the following footnotes.

a Also extra or extras, Annual rate plus stock dividend, Liquidating dividend, Declared or paid in 1971 plus stock dividend. Paid last year, Paid in stock during 1971, estimated cash value on ex-dividend or ex-distribution date, Declared or paid so far this year, Declared or paid after stock dividend or split up. Declared or paid this year, an accumulative issue with dividends In arrears, New Issue, Paid this year, dividend omitted, deferred or no action taken at last dividend meeting, Declared or paid In 1970 plus stock 30 1 26 1 15 1'4 2534 Va 3234 14 40'4 34 Phill Pet 1.30 37 383 24 50 30 14 27 86V4 1' 21 V4 3434 56 49 134 earnings of investors and businessmen was introduced today, The measure by Assemblymen Frank Murphy, R-S a a Cruz, and Leo McCarthy, D-San Francisco, matches most provisions of a federal law en Dan River Dart Ind DaycoCp 1.14 DaytnPL 1.60 Deere Co 2 Del Mnte 1.10 Delta Air .50 DetEdis 1.40 Diam Sham 1 Dillon Co .64 Disney nitnpv ui Tampa El .80 Tektronix Teledyne .631 Telex Cp Tenneco 1.32 Texaco 1.60 TexETrn 1.52 Tex Sul .60 Texaslnst .80 Tex PLd Textron .90 Thiokol .40 TimesMir .50 24Va Va 34Va 37' V4 30' 1 15 12 33'2 31 IV2 55 '4 7 23' Magnvox 1.20 Marath 1.60 Marcor .80 Mar Mid 1.70 MartinM 1.10 MayDStr 1.60 Maytag 1.10a McDonnD .40 McGrwH .60 Mead Corp 1 MelvSho .80 Memorex Cp Merck 2.20 MGM 64 27 2634 37 31 'a 30 765 26 2434 1366 1534 14 501 25 25 910 3234 32' 193 40 39 'a 514 19 18 202 83 8134 6 19 19 84 2634 26 180 11 lO'a 36 39 38 29 33'a 33' 1 23 23 464 1534 15' 18 82 Vs 19 Halliburt 1.05 Harris Int 1 HeclaMn Mercule 1.20e Hew Pack .20 HoernWal .90 Hoff Electrn Holidylnn .22 HollySug 1.20 Homestke .40 PitneyB .68 Polaroid .32 PortG El 1.30 PPG Ind 1.40 ProctGm 1.40 PubSCol 1.12 Sv EG 1.64 Publklnd Pueblo In .28 PuqS PL 1.76 Pullman 2.80 2434 29 lO'a 36 18 38 343 33 36 19 33 32Va 25 19 16 43 555 97' 19 15 26 96 21 Va 52 32 35' 35 33 35 56 38 2634 Vs 11 39' 69 37 179 214 236 133 162 83 145 114 100 88 41 180 165 39 46 327 197 3 495 6 461 16 78 91 75 47 47 5734 2234 4414 32 25 'U 7 35 20 Vt 2334 85'2 4334 46 20 39 35 33 37'a 20'4 34 33 25 19V2 16 44 57 98 19 153 273 97 21 Va 53' 32' 35 'a 35'2 34 35 58 39'4 Diverslnd .36 58 22 Va 4434 12 32 Vi 25 8 V4 35 20 24 t4 86 44V4 34 46 20 acted last year to impose a 10 17 Vi 54 33 36 29 32 54 7 22a 67 1 7'2 43 25 28'a 66 ll'a 21 27'a 13 10 44 33'2 33 233 7'4 15' 32 43 dividend, Paid In stock during 1970 estimated cash value on ex-divldend or ex-distribution date, Sales in full. eld Called, Ex dividend, Exdivl- .1 1 1 In 4. .11 v.Hlc.CTv Hietrt- Microdot per cent tax on exempt in DrPepper .36 DomeMns .80 DowChm 2.60 DrotQtnH 1 41 MidSUtil 1.02 15 170 49'4 52 58 15 23' 149 45'2 143 333 19 25 71 834 184 3534 24 20 52 24 146 86 254 44'4 27 46 118 20'a I 54 36 75 16 23 31 1229 15 44 25 28 Vi 68 1 32'a Va 25'4 19 'a 1634 44'a t4 5734 1' 98 19 15 27i V4 97 Va 21 Va 53 32 35'a V4 35 to 34 1 3534 t4 57 -1 39 MinnMM comes, 1.75 1.20 16 4'a Timken 1.80 ToddSh 1.20 Trans Air Transmra .55 Transitron TriCon TRW Inc la Twent Cent MinnPLt 17 '4 4 29 494 17 44 434 85 30 PuiLa Dim 1 4A HousLP 1.20 iUCIIU OIIU lull.

A-MI3 -a i 1 The tWO assemblymen Saidibution. xr-Ex rights. xw-Without war- 11 MobilOil 2.40 14 15'4 Vi Questor ,50 29 1098 34 34 34 14 21'4 '4 28 the main differences in their pro duPont 5e DXUOL 1.66 Dynam Am 10 ranis. WW wun wanania. wu vviicn, nd Next day delivery.

vj In bankruptcy or receivership or being reorqanized under the Bankruptcy Mohas 1.10 Monsant 1.80 MontDUt 1.78 Mont Pw 1.68 MorNor .80 posal would be to cover more 353 15 125 10 103 483 28Va 27'4 52 14 13 333 4334 43 13 25'2 10 44 35 Va V4 l'2 26 16 3134 29' 6 26 V2 17 14 32 1 2934 6 '4 RalstonP .70 Ranco Inc .92 Raytheon .60 RCA 1 Reading Co 34 15 31 14 IdahoPw 1.60 Ideal Bas .60 III Cent 1.14 Imprl Cp Am 'tax loopholes than the federal! Act, or securities assumed by such jCompantes. fn Foreign issue subiect ot act. i Interest equalization tax. 31 "3 14 Motorola .60 283 4. 14 14 43'2 UAL Inc UMC Ind .72 Un Carbide 2 East Air Lin EasKodak la 15 'a MtFuel 1.80 A Sign Of Controversy County Bank Promotes Three Women Josephine Ware Manages Nittler Realtors' Soquel Office mmmmimm Josephine H.

Ware, a native of Santa Cruz, has been appointed manager of the Soquel office of Nittler Nittler, Inc, local Realtors, A. Vern Spaugh, vice president sales, announced. The office is at 2617-41st Ave. Prior to joining the real estate sales staff of the firm a year ago, Mrs. Ware was a project administrator and proposal coordinator for 6 years with the local Sylvania plant; Iff SECURITY WM pi BANK Fjf vi BANK fy I rife 1 A triple jump if not a giant leap for womankind was announced today by County Bank President A.R.

Morgan who released news of the promotion of three County Bank distaffers to admin istrative posts. Mrs. Audrey Johnson, who in 1967 became the second woman officer in County Bank's first century, has been moved up to manager of the Master Charge Departmant, replacing L. L. Sears who now manages the bank's Soquel office.

Mrs. Johnson is in her 20th year with the bank and before advent of Master Charge had been supervisor of the note department. She is a member of the Credit Women's Breakfast Club; and with her husband Joe A. Johnson, a retired moving and storage executive, resides in the Tanner Heights section of Santa Cruz. Mrs Catherine Aune, for 17 years secretary and administrative assistant in the real estate loan department, has been named a loan officer.

Prior to coming to Santa Cruz in 1952, Mrs. Aune had exten XT 1 years as executive secretary to the president of Salz Tannery and 13 years as secretary in the local office of the State Board of Equalization. A graduate of Santa Cruz High School and Santa Cruz Business College, Mrs. Ware is an active member of the Business and Professional Women's Bernice Lynn Club, Communitiy Hospital Auxiliary, Santa Cruz County Horsemen's Association, Junior Lea Josephine H. Ware gue of YWCA, Emblem Club of Santa Cruz, Santa Cruz Board ColleSe Little Theatre (lead Don tnrc A fi ml I1UCI and the Cabrillo Festival Symphony Chorus.

She also is a Catherine Aune who is now vice president and senior trust officer. Mrs. Lynn was graduated from Kearney High School in Nebraska and attended Nebraska State Teachers College before becoming secretary to the county attorney in Minden, Neb. Before coming to Santa Cruz and County Bank she traveled with her husband, Virgil, a construction engineer, and held clerical and secretarial positions in private business as well as in various federal bureaus. Audrey Johnson National Secretaries Association and has served as corresponding secretary.

With her husband, Norman Aune, she lives i Monterey Bay Heights. Mrs. Bernice Lynn also has been elected an officer of the bank with the title of assistant trust officer. She has been an administrative assistant in the Trust Department, after having served successively as secretary and supervisor since County Bank established the department in 1959 under F. M.

Harris, Mrs. Lynn is a member of and has served as secretary and as treasurer of the Santa Cruz Chapter, Legal Secretaries Association. The Lynns reside in Felton, They have two married daughters who make their home in Fresno and Long Beach. County Bank's first woman officer was Mrs. Constance Blake, who retired two years ago and now spends most of her time traveling with her husband, Carl, a former Santa Cruz Realtor.

Women's Council. She also has extensive experience in singing and has been active for many years with the Santa Cruz Light Opera Company, Monday Music Association in concert work, Cabrillo member of the choir of the First Congregational Church. Mrs. Ware resides on Loma Linda Court in the Scotts Valley area. di i si ve secretarial and supervisor- I It -1.

JSS 1CU tAJJtl JtUIIUC 111 11JOU1 Ull- idcrwriting and utilities and instruments engineering offices-She is a charter member of TWA Losses $63.9 Million Bill 1 Mm SSI American Savings Lowers Interest Rate; More Cuts Expected Soon Bank Of America President Explains Rate Reductions LOS ANGELES (AP) Thelored customers. NEW YORK (AP) Trans I World Airlines said Wednesday! preliminary unaudited results for 1970 showed a net loss of $63.9 million or $6.43 per share of common stock. These figures compared with earnings of $19.8 million or $1.63 per share of common and common equivalent shares for 1969. TWA announced early in December that it anticipated a loss of between $60 million and $65 nation's third largest savings One high-placed savings and loan official told a reporter he thought all California and Ls would announce 7.5 per cent and loan association has again dropped its interest rate on conventional home mortgages Fortney H. Stark, liberal young president of the five-branch, $78-million Security National Bank, stands in front of the main office, the tallest building in Walnut Creek, with an cighl-foot-wide peace Western Stocks However, Hilton International, a wholly owned subsidiary of TWA, showed net earnings of $8.7 million for 1970 compared with 1969 earnings of $7.9 million, a 9.5 per cent increase.

TWA said that for the month of December it had a net loss of $10.5 million or $1.03 per share, compared with a December 1969 loss of $3.1 million or 24 cents a share. Airline revenues for December were up 10.1 per cent to $97.7 million, from $88.8 million in December 1969, TWA said. The company also reported that due to the loss it was not declaring dividends on either its symbol on its side. Stark is against the war in Vietnam. City officials said the sign doesn't violate any law, but the contractor who put it up failed to get a building permit and violated a stop work order.

(AP Wircphoto) Slower Business Last Month, from 7.75 per cent to 7.5 per The Bank of America Wednes-J day explained the reasons for its action in reducing its prime rate to 6 per cent from 6'2 per cent, effective immediately. President A.W. Clausen said: "Although our loan demand has actually been stronger than normal in recent weeks, demand cent. rajtes soon. "I think what we have is a good 'gasoline war' going on," he said.

"There is The cut by American Savings line with other market interest rates, and we are notifying depositors that and 5 per cent rates on investors passbook savings and other time deposits are being suspended except for existing deposits which will pay the old rates until maturity. Interest on all new investors pass book accounts will receive the new rate of 5 per cent. "Reductions in savings rates are only part of the process of the general reduction in in too much money and not enough loans." and Loan Association was announced Wednesday, and a spokesman said it "had been there for some time." He ad S. Mark Taper, head of Amer for credit apparently has soft million. Preliminary net loss from airline operations in 1970, after a tax credit, was $72.6 million, the airline said.

This compared with net earnings after taxes in 1969 of $12 million. ened further in many parts of Courtesy Of Baikie Alcantara Some of these quotations are bids and offers quoted by the ican Savings, which has $2.8 billion in assets, said the lowered rate will enable smaller ded other savings and loans the country and short term Bank Reports SAN FRANCISCO (AP) -Business activity in coastal were quietly issuing some 7.5 money market interest rates have continued to decline. Ac common or preferred stock. per cent loans, too, although they had refrained from public monthly payments for home purchasers. Northern California declined cordingly, although local credit slightly in December, ending announcement.

demand does not clearly war The new rate is down from 1970 on a downward trend, says over-the-counter dealers to each other as of approximately 10:30 a.m. (PST). The quotations do not include retail markup, markdown or commission, and do not represent actual trans terest rates that has been in progress now for many months. Even normal passbook savings rates, which were raised to Wz per cent when our prime rate Carl K. Schieck, administrator of Security Pacific National rant such a change, we are adjusting our prime rate to 6 per cent in response to national market conditions.

the 9.5 per cent that had been reached on home mortgages 14 Haven't we met before? was 2V'a per cent higher, may Bank's headquarters here. Department store sales dropped from November, de 'The recent rapid and dra Under the 7.5 per cent rate, the monthly payments on a loan would be about $150 instead of $155 a month, plus tax and insurance, Taper said. He said the rate is available on "well-located, single-family homes (being purchased by) credit-worthy borrowers with cash to the loan." Cash down payments of about 20 per cent are also required, Taper matic decline in prime com-ike affected. mercial loan rates has neces spite the holiday push, Schieck months ago. American Savings and others lowered their rate to 7.75 per cent nine days ago.

The newest cut by American Savings followed announcement by some bankers earlier this week that they were cutting the prime rate charged for short-term loans to their fav- We view these rate adjustments as an encouraging sign that inflationary pressures have diminished at least enough to help bring about a general reduction in the cost of funds. sitated a careful study of all time deposit rates, including the 5'2 per cent one-year and 534 per cent two-year deposits. These rates are now out of reported Wednesday, and bank debits also were off. In addition, total employment fell below the 1969 level, he added. Jim Wills Jeanne Johnson Norma Ramsey actions.

Inter-dealer markets change throughout the day. However, five of the listed companies are traded on the New York Stock Exchange and the quotation gives the price at which each closed. The companies are Albertson's, Bank of California, TI Corporation. Wells Fargo and Watkins-Johnson. They are not included in the daily abbreviated report received from The Associated Press.

Albertson's 1 AmerExpress tVlt-tm HVC0JWE 1969 saw passage of the greatest income tax law reform since 1954. This-year, more than ever, you need competent assistance on YOUR tax return. Martin To Study Stock Exchange Reform Martin, who was the ex change's first paid president from 1938 to 1941, has agreed to new york (AP) The ffiec of the New York caiwstnstsLife i9v2-2o stock Exchange board of gover CrockrNtlCorp 38 DataTechnoiosy in- 5 nors said today he would recom- ISIeiPfd- 19 Imend that William McChesney i48 Hr. Service Experienced tax people fSunday appointments for your convenience. UP undertake the study.

9nrmnr.ym,mm,mmmm GUARANTEE going to listen to what Martin has to say." Martin, who will serve without compensation, said Wednesday that he would be ready to begin the study March 1 and that a report would be submitted within six months. The exchange has been under Lasker said he felt a study was desirable at this time "be former chairman of LongsDrufls 66 I Mart Ir Pacif icPlantronics -17'2rldrun Jr I 9u.aran;e accurate prepara- 3 "You Deserve the Best" the Federal Reserve Board, be ui ruur iax return, we make errors that cause the New York Stock Ex TICorp 32ft 46' PAS 26 -26V2 an interview. "I think it is perfectly evident there was a failure of self-regulation and a failure of aggressive government oversight." Lasker said he would propose as members of the advisory committee: Donald T. Regan, chairman of Merrill Lynch, Pierce, Fenner Smith; Gustave L. Levy, senior partner of Goldman, Sachs James W.

Davant, prcsi- wh was selected to make a study of the WafklnsJohnson 23 change is just starting to emerge from very troublesome 12V exchange's rules and proce Frank, senior partner of Marcus Henry M. Watts senior partner of Mitchell, Schrei-ber, Watts and James C. Kellogg, senior partner of Spear, Leeds Kellogg. All the concerns are either brokerage or investment banking firms. Martin, 64, was chairman of the Federal Reserve Board for 19 years.

He left that office last He also has been chairman and president of the Export-Import Bank, assistant secretary of the Treasury, and executive director of the International Bank for Reconstruction and Development. wm mm mr immi times, and I feel our board has increasing pressure in recent months to institute reforms be dures. Bernard J. Lasker, the chairman, said he would make the proposal to the board this after-1 all it can do to handle immediate problems. Dairy and Poultry SAN FRANCISCO (AP) (FSMN) -Butter steady.

Prices to retailers on AA and A 1-pound prints 83'j-86'4 cents, Vi pound cartoni IUVi 87 cents. cause of the market crisis that has sent about a dozen member "It will be extremely benefi- noon. san francisco (ap) Eqq market He also will recommend ap- cial to have a man of Martin's frrns some swge or iiquiaa- dent of Painej Webberi jackson tion. experience to do the job," Lask Curtis, Clifford W. Ml were firmer meoiuma wnlcnjpoinlment 0 an advisory COlTl 1211 Sequel Avenue Santa Crui 426-6099 9-9 Weekdays, 9-5 Saturdays, Sundays by appointment mittee of seven securities industry leaders.

er said. "Everybody in this country and in this industry is "I think the blame can be put in many areas," Martin said in chael, managing partner of Loeb, Rades Walter N. PrlcM fo retailers: extra large AA 46-5; A 45-53; large AA 43-51; A 41-49; medium A 41-49; small AA 29-37..