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The Peninsula Times Tribune from Palo Alto, California • 12

Location:
Palo Alto, California
Issue Date:
Page:
12
Extracted Article Text (OCR)

12 PALO ALTO TIMES, PALO ALTO, WEDNESDAY, JUNE 30, 1971 Negotiators trying to head off port strike More economy fares asked for transatlantic flights gaining include a union demand for a two-year pact with 46-hour weekly pay guarantee tor regular long-horemen, and 12 hours tor casual workers out of hiring halls, as well as wage hikes ind fringes. cent. The talks affect 1S.0N dock-workers In California, Oregon and Washington. Longshore head Harry Bridges has said a strike would clou every Pacific Coast pert. Central issues in the bar SAN FRANCISCO (AP)-Negotiators continued talks today to head off a three-otate longshore crisis threatened fur midnight tonight.

That is the time the current labor agreement between the International Longshoremen's and Warehousemens Union and the Pacific Maritime Association ends. Although no strike deadline his been set, the ILWU rank-and-file has voted overwhelming authorization tor a strike reportedly per fare is $332 below the normal economy fare of the summer travel season. "Unless real cost reductions can be shown for the student-youth this large difference or some part of It will necessarily be made up by other travelers to whom the financial sacrifice may be a greater personal hardship than to travelers in the student-youth group." he said. NO RESERVATION Baker said the Transportation Department favors a lower fare on a no-reservation, space-avilahle basis. Such a fare would he available to all travelers, he said.

1 he department's reaction By VERN HAUGLAND AP aviation Writer WASHINGTON (AP) The Department of Transportation says It will ask the Civil Aeronautics Board to put pressure on U.S. and foreign-owned airlines to either discontinue or extend to all passengers the new youth and student fare on major transatlantic routes. Asst. Secretary of Transportation Charles D. Baker said a statement urging the CAB to use the speediest possible action against the new fares will be filed within a few days.

Baker, in a letter to CAB Chairman Secor D. Browne, said the $210 New York-tn-Lon-don round-trip student-youth VmnIlgHtBMBiTnmVntnminm nptlftnpitf Thunduy, July In dn My 7th Over-counfer listings inti, pk In Slock NEW YORK (AP) The fallowing fad A osked faio-totrent from fha NASD ora representative interdenier prices of approximately I K) A laterrtenlar mnr iH ehanq Ihrouqhnirt tha faty. Pricrs do not Include retoil markup. markdown or comnussiap laduttnal A 'peek' into the future By DEAN C. MILLER NEW YORK (UPD-We'd know a lot about the future of American business if we could creep inside the minds of the men and women who will be running it the next 40 years.

In effect, thats what Pioneer Western a national financial services organization, did in a survey of May and June graduates with new masters' of business administration (MBA) degrees. The sampling covered 1,100 graduates, 157 of them women, at 14 smaller graduate business schools around the country. Big business may not be overjoyed with some attitudes unearthed in the survey. HIGH SALARIES For one thing, many of the new MBAs, or at least this sampling, aren't sure they want to work for a big corporation. The future business leaders also are rather self centered in some of the job goals they espouse: high starting wages, a four-day week and early retirement.

Males interviewed thought they should start work for about $14,250. Women valued themselves as apprentices at $12,000. Twenty seven per cent felt that the size of the salary would be the dominant factor in job selection. Fifty-seven per cent wanted a four-day week; another 32 per cent said the work week didnt matter; and 11 per cent did not approve of the shorter week. EARLY RETIREMENT Thirty-three per cent of the respondents wanted to phase out or retire from careers within 20 years.

Another 52 per cent wanted retirement within 30 years, and 78 per cent of them wanted to retire by age 62. Nineteen per cent were against joining a giant corpora tion, and 34 per cent said they would prefer not to work for one. Thirty-two per cent said they felt corporations were getting too impersonal, too computerized. So where are the business leaders of tomorrow going? Some 46 per cent of those surveyed planned to go into marketing. Seventy-eight per cent of the women surveyed chose marketing because they thought it gave them the best chance to get ahead.

A total of 53 per cent expected to go into businesses con nected with families either by birth or marriage. And 12 per cent said they didn't know. Of the remaining respondents, 21 per cent, wanted to go into manufacturing, 30 per cent into service industries, 15 per cent into local, state or federal government work and 34 per cent into financial institutions. Ramada to build at Hollister Air Center Air-Industrial Research Inc. of Palo Alto said today that Ramada -Inn will build a motel at the Hollister Air Center next to the Hollister Municipal Air port, where Air-Industrial Research is developing a 400-acre industrial park.

Air-Industrial Research is the general partner in Skylodge Innkeepers which will own and operate the $1.2 million center. A "fly-in" area will allow aircraft pilots to taxi close to the motel for tie-down spaces. On Automation GICnl 19 pi .90 Gentfierm Rrc Got dm wr Fml Holirrtt Hnm Molhnwny lnt HftfCfl Cnrp .20 Homestead Fin Hoover Co 1.41 Hatt Corp Myatt Int Hyslrr Co 1.20a infrarad Ind Int Alumin lowoSnuUtil 1 64 Fred .32 Koimt Steel Pi 1.40 KotxHenCnro .0 Ladd Patrol mm lc Gron LlncMtqlnv UngiDruaSt .40 Loomis Cp 47g Lucky Brew LynchComSy .41 MB Assoc Mark Systems Maul LondAPln McCultohAlrc un McKaon Const Marctants .90 Mervyns Meyar Frod Mb Microform Data Morion Poc .9 Morrhon Knudn MtoaTrAm 1.05O MorfoaTrAm wt MiirnhvPoc Mnr NJ NotGoa 1.12o Nawall Intent NG .54 Olno Co OptleolConfo Lb Ontic Tachnolng Oxford Lobs Pot Const Hold PorForEostL Poclumher 50q Poe Scientific Poc Vao Od Polo Alto SAL Pnrkv law Ge .40 Potilay Pttrolm PoyLassDro Poy Pnk Philips Lomp Physios Int PnpaATalbnt .40 PrarUlon Instr PubSveNMex 1 Purity Sirs Qoontor Corp Roycham Corp Rad Loke Lobs Redror Ravcll lor Reyn A Rayn Rockat Rasrrh Rom Medical Soon Admins Snv nnDriiq SaoWnrld Sees Candy 1 SavaoUn Co .10 SHtconlx Inc followed by less than a month an announcement by Sabena Airlines that it was reducing its youth fare from New York to Brussels round-trip to $220. Pan American promptly filed matching rate. Numerous other airlines followed with new youth and student rates.

The CAB cannot order the airlines to discontinue the special fares. But It could if it found the fares unjustly discriminatory abolish international flight agreements with other countries, a CAB spokesman said. Such a step would mean the end of ail flights between the United States and other countries until new agreements could be reached. This step, the spokesman said, would be taken only with the agreement of the State Department and the President. Baker said the United States fully recognizes the social benefits sought by special price treatment for such groups as servicemen and the clergy.

"However, he said, We are opposed to discrimination beyond that absolutely necessary. We look with disfavor on policies which discriminate against any major segment of the public the working vacationer. the aged, passengers over 30, the very young and others. "If the fares are not unduly discriminatory, Baker said, then we would propose they be made available to all travelers. Areata receives 10,500 acres of timberland Areata National Menlo Park, has received about 10,500 acres of Northern California timberlands from the federal government as partial payment for land taken from it by the government in October 1908 for inclusion in the Redwood National Park.

With the addition of the latest timberlands, the Areata Redwood Divisions total timber reserves have increased to an estimated 1.7 billion board feet. Current operations consume less than 70 million board feet a year. The legislation that established Redwood National Park in Northern California provided that affected land owners, such as Areata, could accept either cash or government-owned timberlands. or both, in payment for lands taken for the park. Areata received an initial cash payment of $17.7 million in April 1900.

Together with the present payment, valued at $40 million, this makes total payments of $57.7 million. The full amount of just compensation payable to Areata is still under negotiation. Data Disc names acting president Andrew W. O'Sullivan, a con-ultant in the electronics field, took over Monday as acting president of Data Disc Sunnyvale manufacturer of disc files and other computer related Polyester Cord Body plus Fiberglass Belts Wida 78 Saries Traad Width if Extra DMp Traad Extra Long Milaago Plus A Smooth Quiet Ride Am Goornnty Pk 7w AmHeritoqLf .74 174 IPs AmNlnsGoiv .31 94 ink AmRtsarvc .27 5 534 BanafStdCnA 40 13 ColHWesISt .40 17 1RH Chubb Corp 1.40 MV 45 Coaihtoelns 454 444 CannGanlns .04 Am 4m Crum Fnrst 1.N 45 45W Empire Gan 5 54 Family Ufa 214 214 FormNrw Wrld 3A'k 364 Gan Belnsttr JO 745 747 Honovar Insnr 1 318 34-x MissfonErpilt .90 75 25 Monrch Con 25'4 254 Notion wd A 114 11V? NnrAmLfAC Vi Poc Std Lite 54 Pann Lite 374 33 a Rap Ndtllfo .20 1 164 Snfacn 1 35 74 74Vj Sofoco Pf .90 TMa 244 I Variable An Ltf 21 77 its we 54 Mr 73'4 IP 144 17N 13'h 4'. 4 77m 13 14W 21 7m 1 Ji 15W Pk 4' 974 934 5VV 5k 64 41 Ms 524 54W IT 17 13H 138 TA'o 754 754 37 354 344 A 4 a A4'k 134 134 Mutual Funds InvGutd 9 44 9.44 Invas Bos 12 5 13.20 investors Group-IDS ndi 115 5.M EW YORK (AP ha following quo-ions, supplied by Notional Assocl-an of SocurftlM alers, art i prices at which locurlllos Mud Prog Stock Sfitrf Vor Py inv Rash Istel 9.94 1110 4.46 4.04 19.35 21.03 9.17 9.94 7.67 134 513 5.61 22.52 23.22 Cnrp Ldr 15.30 14.21 C.try Cop 13.8015.01 CrnWCHv All 6.68 Cm WDal 7.34 107 deVaqh 4175 40.75 Delewora Group: Decot 12 04 1114 Delaw 13 29 14.52 Dado IM 1.74 Dir Cop 111 7M Dodg Cox 15.53 15.53 Ore Ml 14.53 14.53 Drevf Fd 1149 1X49 Drayf Lv 14.52 1191 EofonAHoward: Bolen 10.11 11.05 Grwftl 134514.92 mmsEHEm MiaEHBf-VBraanEBBTSH samEEm bdeee a 0NSTAH7 CREDIT USE YOUR BANK CRBNT CARD OR GERARD'S EASY PAYMENT PLAN (fad) or bought kid) Tuesday.

AIOVI PStCB AM KM Iff OT 71 SM IUMUU KACKWAU. WHITCWAU6 ONLY 1U0 IXTSA 4 IS 5.30 10.0911.90 Funds: 1.59 .29 14.74 16.11 1049 11.40 0.23 199 0.43 9.21 193 9.74 7.04 1.59 10.49 11 J8 1134 15.50 ISO 3.11 1121 17.72 Scuddar Funds: Int Inv 13.9414.21 Spacl 34.73 34.73 Booln 15.51 1151 Com St 1013 1143 Security Funds: Equty 3 71 4.14 Invest 112 H0 Ultra 104 All SeltdAm 9.94 10 J1 Sal SpacS 1145.17.91 Sent Gth 1.91 9.60 Sentry 14.29 15.53 Shorn Fd unovoll Shear Ao 31.27 34.17 Shear Inv 11.39 12.45 Sberm 1153 1153 Side Fd 10091154 Sfoma Funds: Copit 9.93 10.15 Invest 11 53 12 40 miLSl HBERGIASS BETH) POLYESTER CORD BODY WIDE '70" SERIES TREAD SLIM UNE WHITEWALL ivy 0.13 1.13 Honck 9.06 1.76 Johnstn 29.40 2140 Kaysfona Funds: Apolln 11.1712.15 Cui B1 II 44 19.S0 Cub B2 19.59 2l.il Cus B4 140 9.22 Cus K1 7.04 1.60 Cus K2 SM 6.24 CuiSI 19.5121.39 Cui 92 101911.73 Cus S3 Ml 9.23 Cus S4 116 517 Polar 4.20 4.40 Knlckb 7J7 1.11 KnlckGt 111511.12 Lenox Fd 6 72 7.36 LaxGrth 10.2411.19 Lax Rsb 1154 11.00 Librfy Fd 149 7 09 Lite Stk 5.92 4.47 Lite inv 7.95 1 49 Line Not 11.2712.32 Llnq 4.97.... Loomis Soy as: Coned 31.41.31.41 Copit 11.7411.74 Mill 14.47 1142 Lord AM NL4I Lute Bro 12.37 1146 AAngnP lit 177 9.51 Monhtn 5.14 S.67 Mkt Gth 111 111 Moisochusett Co: Fraud 0.33 9.13 Inrtep 7.47 AAnss 11.79 12.37 Moss Finond-MIT Fd 14 32 15 45 MIG un avail MID 15.15 USA 174 6.94 9 56 10.45 14.00 15.30 1174 15.00 Egret Gt 110414.50 ElfunTr 19.34 EmerSec 144 7.04 Energy 13.41 13.41 Entprsc 147 7.29 Equity 9.44 1134 EguHGfo 9.221110 Equlf Pro 4.53 4.9A Foirftd 10.59 11.57 Form Bu 1131 1131 Fidelity Group: Conlf 12.07 1119 9.37 10.24 7.17 111515.46 1110 14.32 16.13 17.52 10.47 11.44 5 45 117 74.49 2191 FlnoncM Prog: Oyno 4.41 4 93 lOduat 3 07 174 5.94 6.52 4 30 4.71 FstFd Vo 11.77 12.16 Ft Investors: Dtw 7.45 0.39 TAR ut MS 9.70 10 72 9.44 1115 9.54 9.69 7.A1 1.37 115 174 173 5.40 4.77 122 Grwth Slock Fst Mutt Fst Not Ft Siam Flat Cop Flat Fd FndGth He replaces William W. Stevens. O'Sullivan has also served as president of Digital Development a San Diego manufacturer of electronic memories, Warren R.

Halperin, vice president for finance, said the company is seeking a permanent president. Although the privately held firm doesn't disclose sales or earnings, it is ahead of last year on both sales and profits, Halperin said. 4 15 4 15 13 60 1349 5-13 115 12.79 12.79 17.65 12.45 171 9.49 5.72 6.18 Mntes Mothers Mid AM Moody AAnodys MIF Fd MIF Gth asovi mca am res in ottsm iumun wmtiwau PREMIUM 4 PULL PLY HVLOC1 Strang Nylon Cofd Body Wide Deep Traad Iwici wet UJapp Graphic DKlgn ind Adverting 2S1 Himiltsn Avtduf. 4:5 Pa'O Alto, CA 94301 (415) 326-7445 Founders Group: Grwth 1177 17.79 Incom 1144 14.93 Mufol 0 74 9.57 Sped 11.521159 Foursq 10 74 11.74 Franklin Group: DNTC l.7 .47 Grwth 160 7.23 Utils 6.05 111 Incom 2.11 2.31 US Gov 1137 11.34 FdF Dap 10.54 1156 Fund Inc Grp: MuUS Gv 10-09 10 24 OmoG 5.0? 6-33 Omohl 10.4911.40 Miff Shrs 11H 1H8 AAut Trfa unovoil NEA Mut 10 24 10.45 Nnt Ind 11 15 11.15 Not Secur Ser: Boate 10 96 17 00 5 04 5 51 430 4 70 9 1ft 1175 7.21 7.11 5.34 5.84 1.10 8.15 9.72 1157 Divtd Grwte PtSMe Incom Stock Nl Grte fcuimirrT, mi SRBI k-JUt IHI HEI bpww I Fd Gr 5.73 124 Hll 10 10.49 IP 14.35 14 35 (an MS 9.15 rth 4.33 4.93 153 7.14 Stk 134 9.11 dn 11.34 12 39 nd 0 17 1.93 Fd 3.90 124 fc Colvin: 15.1516.59 In 19.51 21 J7 i 174 4.10 10.4611.46 Ynt 17 24 II 00 Fd 12.01 1201 gt 7.44 0.77 10 3911.17 I 7.94 73 Gth 150 3.14 150 7.12 Sh 13.37 1141 ilng Funds 11.74 1213 St 1.73 1.09 th 5 01 135 754 134 1.91 114 i Gr Bos: 7 91 0.44 1130 11.34 it 00.35 ild 11.0712 97 10.11 11.10 Cl II 67 70.40 ilol: 130 4.70 I 11.02 12.04 th 4 53 7.14 9 44 10.54 5 29 5.71 Irth 1195 13.95 Bd 5 20 5.45 AB M6 1-47 1.49 1.93 Al 1.14 192 Co 179 7.41 Bd 9 7910.10 Fd 10 04 1093 437 4.79 rd 11.9411.94 nv 11.5912.12 IG 150 7.19 tut 9 51 9 51 Ml 1141 1152 WJ-14 1 4S2I ZZJl FREE INSTALLATION NeuwCet 4.74 7 37 Neuw Fd 11 54 121 New Wld 13.17 14.39 Newtnn 15.2? 16.11 Ntrh Strg 16-44 1644 Norenst 15 07 15.02 Oceonor 7.83 7.87 Omega 7.07 7.19 100 Fund 14.32 15.45 101 Fund 9.42 1130 One WmS 16 03 1103 ONeill 11.8011.80 Oppenh 8.55 9.34 OPPAIM 12.75 13 93 OTCSer. 10 4411.59 PoreFnd 9.14 9.99 Paul Rvr 51 9 3ft Computer costs shrinking profits? Stretch your dollars Our complete Data Processing Service Center provides you with large computer capability at a fraction of the cost of your in-house computer without any sacrifice of information.

All business applications available including the use of terminals from your office to our computers. Specialties include inventory and bill of materials processor. Call Hank Margiotta for a survey of your needs no obligation. nDd324-2523 DIVERSIFIED COMPUTER APPLICATIONS 2525 E. BAYSHORE RD.

PALO Al TO 8 14 8.14 4 84 4.84 15.45 1193 9 9910 82 11 38 11 38 HO 8.15 Penn Sq Pn Mut Philo Pilgrim Pine St Plan Ent SANTA CLARA 4875 Stovani Creak 241-3464 CAMPIRL 980 Hamilton Ave. 377-1125 SAN JOSI 746 Tha Alameda 297-3103 AIMAMN 970 Blossom Hill Rd. 2264745 NEWARK 6995 Cantral.Ava. 7934110 HUMONT 4233 Paralta 7924122 UVMMORI 1682 First Street 447-1944 SATURDAY 940-440 SAN IRUNO 1798 El Comino Real 519-0599 SAN MATEO 3825 S. El Comino Real 341-3402 REDWOOD CITY 474 Veterans Blvd.

368-1791 MOUNTAIN VIEW 32 El Camina Real 968-4843 PALO ALTO 250 San Antonia Road 941-5135 SUNNYVAL8 597 S. Murphy 738-1960 OPHN DAILY MO 6c00 Plon Fnd H.861716 Plan inv 11.73 12.27 Pliorth 13.43 14.48 Prire Funds: Grwth 27 72 Ere 10.31 10 31 Merit 79.81 29 81 Pro Fund U70 10 78 Pro Pnrtf unovoll Frog Fd 5.93 645 Imp Cop 10.06 10.99 Imp Gte 7.93 1-67 mcF Am 14 05 15-34 incFBoi 7.00 7 67 Industry 5 05 5.53 INTGN 9.9910 34 ICA 3X57 1113.

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About The Peninsula Times Tribune Archive

Pages Available:
881,151
Years Available:
1893-1990