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The Peninsula Times Tribune from Palo Alto, California • 33

Location:
Palo Alto, California
Issue Date:
Page:
33
Extracted Article Text (OCR)

ww VP wr r. PALO ALTO TIMES, Thursdoy, Nov. 4, 197633 Auto makers hope for sales rebound Teamsters, meatcutters may strike in LA, Vegas Employers Council spokesman Bob Voight said the market owners and Teamsters representatives met Tuesday and Wednesday with a federal mediator in Los Angeles for the first time since talks broke off Oct. 18. The Teamsters contract has been extended day by day since its expiration Sept.

5, but 12:01 a.m. Monday is the deadline for agreement, they now say. Meanwhile, the. butchers' contract expires at midnight Sunday, and meetings of the meatcutters' are scheduled for 6:30 a.m. that LOS ANGELES (AP) By Monday, 10,000 Teamsters and 9,000 meatcutters could be on strike against Southern California and Las Vegas supermarkets, if recently renewed talks cannot settle the two-month old dispute.

The president of the Food Employers Council, Robert Fox, said Wednesday that if any market is struck, all members of the Teamsters and the Amalgamated Meat Cutters Union will be locked out of their jobs and markets will operate with supervisors, new workers, and other non-strikers. day. Voight said talks with the meatcutters will continue daily -In an effort to reach agreement before the deadline. The Teamsters Union rejected managements last final offer by a 98 per cent margin, and union leaders say they also will recommend a no vote on a new offer submitted for the workers' approval at mass membership meetings this weekend. 72 of shoppers interviewed said newspaper ads were the most helpful when deciding where to buy.

Movie firms log highest profits ever LOS ANGELES (AP) Two large entertainment firms, Metro-Goldwyn-Mayer and Walt Disney Productions, have reported all-time nigh profits for the last fiscal year. MGM, the film and casino company, said Wednesday its net income rase 12 per cent to $35.6 mUHon. The increase was paced by the MGM Grand hotel-casino in Las Vegas, which overcame a $16 million operating Ion in March from a strike for its best year ever. Disneys net rose 21 per cent to $74.6 million and the company cited higher attendance at its parks and profits from film rentals for its ninth straight year of record net income. In the year ending Aug.

31, MGM said it earned $35.6 million, or $172 per share on revenues of $273 million. That compares with earnings of $31.8 million, or $2.46 per share, on revenues of $260 million in the previous 12 months. Disney reported that in the year ending Sept. 30, it earned $74.6 million, or $2.41 per share. By EDWARD S.

LECHTZIN UPI Auto Writer DETROIT (UPI) The U.S. auto industry is counting on a strong strike-rebound effort by the Ford Motor Co. and labor peace at Chrysler in November to avoid another monthly sales decline. With Ford sales in October off 27 per cent from a year ago, the industry reported Wednesday October auto sales slipped 2 per cent below last year's level It was the first monthly decline since September 1975 and broke a string of 12 consecutive plus months. The Ford decline was offset by a 10 per cent sales jump at General Motors and a 13 per dent increase for Chrysler.

American Motors, caught in a small car sales slump, slipped 15tt per cent from a year ago. The decline was largely attributable to the fact that Ford still hasnt been able to meet demand for its cars and rebuild a depleted stock of 1977 models, one analyst said. Ford officials said the companys main problem was a lack of 1977 model cars. One analyst estimated Ford would have sold another 85,000 cars on top of the 163,000 cars it did sell in October if it hadnt been for the strike. But even taking the Ford drop into account, sales by the other companies at the start of the 1977-model year werent all that spectacular.

The four U.S. companies sold 730,216 cars In October, compared with 773,623 a year ago, when there was one extra selling day. The percentages are computed on a daily sales rate. While the domestic auto sales slumped, imports, bolstered by record and near -record sales by the Japanese automakers, posted a 22 per cen jump in October. The Japanese models accounted for 70 per cent of the 133,000 imports sold during the month.

Honda sales were up 85 per cent from a year ago, Toyota was up 51 per cent and Datsun 36 per cent its est October effort Volkswagen, -the leading European import, sold 13,170 cars, down 11 per cent and low enough to push it into fourth spot among the imports. Over-counter listings Stock Key ESSSSnStiim dm-mti. PIC Mraatma ttwt am tmut turnmmm bcwdtnuw raw maitarlv wm amual nESina. MKial ar dlvidindi or Citmatl Cltinut A Comb Int ft 4 71 Wl a NEW YORK (API -TIN Mlowino kid okktd Run-Mimjrom Nw Naso nn npmwiMlyd htordaSor hAM aMM Unaateul RCw mmIhI diy. PrtctT do nof Me ntsi markup, or commisaioni Hyatt Hyitt Hytttr ZTu2l Infra Ind Into! Cp Inf VMo .1 ia Hbyl (SOU Ut 1 KOI Cp KaitStt 1.44 Ktmpir Knudin Lltronis fiipotiwi Mimm Morntm.

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And those that do advertise free retirement accounts often mean that it's free just for the first year only. That doesnt seem fair. These are the same institutions that always ask you to save with them. But when you go to save for your retirement perhaps the most, important savings of all they charge you for it! Its different in our World. There are no yearly administrative costs, commissions, or trustee fees to chip away at your savings.

We set up and maintain your account absolutely free. And we guarantee never to charge you fees or commissions for the life of your account Already have a retirement account somewhere else? No problem. Let us tell you about the rollover provisions of the law. Rollover allows you to transfer your present IRAKeogh account to World. Well handle all the paperwork.

Rollover also applies if your company has a retirement plan, and you intend leaving your employer within the next few months. You can avoid paying federal taxes on the benefits youll receive from that plan by rolling them over into a World IRA. (It's even possible to do this on plans terminated as far back as July 4, 1974!) Come in and ask us about all the advantages of rollover. 1171 NM au i.n AU 7.9 19 Ml las in Lind Glh AU 7.9 Uxlnoten Grp: Cp Ldr UU lAn Gr t.H Its Lex In UN 11.9 L(X 14.41 14.9 LHa lm AM 7JS A9 Sal Am AM NL Sal Spl UN NL LoamN Sayw: Captt MW NL Myt UN NL lard Abbttt: AffHtd AM Ml Bnd db UN I1.n Incam 144 171 Luttwran Ira: Fund U9 119 Incam l.n l.n US Gav AW un MfMBdlUlltt Cdt "KSdlJI A9 Indtp l.U IA Mam N.9 119 MatsFkianci: MIT IM1 IIM MIG Ml AH MID MM UN MFD If 49 A9 itOC EU AH 4J4 Setae Glh ITS A 47 Scuddar Fundi: Inti Fd 119 NL Sped 99 NL Balm MJ7 NL Cam St 99 NL Mm MM NL TS ft IS Ultra An MS (aim 7.74 19 antra 1IJ7.I1JI rcs-nsrp AM ATI hSwn 8 fttf ftJJI Hwarim Fundi: Apprt UttUN incam lr.tsun InvtH AN UU HarraC AM NL harm 0 tin HL iH. InvtH U011.0 js a 3 SSTiuaiu.

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These are facts you should know. Facts we do know at World! IRA and Keogh plans have been called the biggest break for taxpayers in history." Come in to World now and let us show you how simple it is to start a plan, and how much that plan can mean during your retirement years. Youll see. Your future looks a lot rosier in our World. Federal ngulationi require a cubttantul internet penalty for early withdrawal from certificate.

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London: Morning Axing $124.56, down $1J5; afternoon fixing $12466, down $166. Paris: afternoon gold fixing $12663, up $412. Frankfurt gold close $12464 off $414 Zurich: $121.56 bid down $1.75, 514.25 NL AM NL B.44 NL Survey A4I 4 A Tamp Gt Mil 119 Tamp Inv in NL Tma Cap 7.44 All lrm lim AM ion 'rav El 99 1A7I Tudr Hd 119 NL TwnC Of 19 NL TwnC Inc SM NL USM Gt 7.45 NL US.GmS .4.71 49 411 3JS ft nj TW Gram Gtwm AM Ml incam AN AN Mut Shn MM NL NEA Myt 19 NL Natl Ind 99 NL Nit Incur Sir: ISP 4JJ 49 ivN All AM AN 19 All AM flock 715 Ml Ewtt FUH9 un Grwtti 1.9 1.0 Incum I1H 159 Silt 17.70 14M Itybariur firm! Enriy U0 uira UN 1.44 IN UN 119 U71 a. U.74 Ml AU Ull NL lmr Fd: 4J4 Att AH All lBfi 19 19 'ml Rur SA ATI So in nl PhEMu Fhoc Cap f.N ATI Phom Fd ah in mts ua Filp Fd IM IM na Pint un NL tpimaa gute IwlW MB, Fund IjaiB ii lin lit? lan Inv 11J1 UN 9 a nit A8 Horll 4.77 Hart gh Hart Lev 49 All 19 MI ATS l.a UH NL An NL Harvait 19 NL ISI Onup: Tnd un John Lillie to head committee John Lillie, president of the Leslie Salt has been named chairman of a new business advisory committee for the Re source Center for Women in Palo Alto. The committee advises on raising funds and developing programs.

ESTA5USHID 1912 OFFICI HOURS: Thun. 9-5 BJ9 III Fri. 9-6 REDWOOD CITY 220 Woodside Plaza 365-7032 2894 El Camino Real 365-5333 Handy ft Hannan base price. New York 513665, off 5165. New York silver $4625 per troy ounce.

177.... Ml 7.M NL 19 NL N911J1 MOUNTAIN VIEW LOS ALTOS El Camino Real West at San Antonio Rd. 941-1900 PAID ALTO 71 Town Country Village 327-8070 Stanford Shopping Ctr. 329-1250 Inv Midic IflV maiwpitoi ite in CWMH: as? isfti 59. Unian tuc Bread lift 1111 Nat lmr All AM Cap UN IIM Unim 119 UN UnitcdFundi: Accm 49 AH Bond 79 in Cm Sr 9J1 9J5 Cm UN 49 UH gr wft Vane AM 147 Unit SvCf 1J4 NL 'tfftfPff 4.0 spl Sit 19 19 Vm ca Smdwt: MS IN ftT AfSft Vend SIR 117 NL Vend inc 174 NL visrffispiMi un un iftift 99 li.U IMS nn Walltn.

Ilteil Wlndr AN N.77 Virin IN lit WlllSf AM A9 Wtin Ed. 49 NL Wtftt Grt 7.11 7.75 Wbc inc AM SJl NL Nn jr (ub charm) INSURED TO 140.000 AM Ml 49 5.X 94! Nl 119 NL Prd Fund 59 NL Pr rsv Gttl 7.U 1.9 t.n uai lltH Ivy JF Grtti Jnnui John Hancock: Balm 99 49 NJ5 149 NOTICE CGB BODY SHOP IS NOW LOCATED AT 96 CHURCHILL ST. PALO ALIO (Next to laOraod Tracks) Pru IIP Putnam Cmv Emit WrWTn 79 WORLD SAVINGS AND LOAN ASSOCIATION OFFICES IN: Alamo, AlbanyEI Carrlto, Antioch, Aptos, Auburn, Capitola. Castro Valley, Citrus Haights, Concord, Corta Madera, Daly City, Davis, Fresno, Hanford, Hayward, Hollister, Lafaystto, Madera, Modesto, Monterey, Moraga, Mountain ViewLos Altos, Napa. Oakland, Pacific Grove, Palo Alto, Petaluma, Placervillo, Rancho Cordova, Redwood City Atherton, Sacramento, Salinas, San Francisco.

San Jose, San Mateo, San Ramon, Santa Clara, Santa Cruz, Santa Rosa, Scotts Valley, Sonora, South San Francisco, Stockton, Sunnyvale, Walnut Creek end throughout Southern CaHomia. MEMBER OF $2 BILLION GOLDEN WEST FINANCIAL CORPORATION na mu navaah 11.41 MiWiri Gnup: Gtwth JthnMn ini mi 99U4S 1141 UA NJ11IM 79 in T.B III 49 U71 lt.H un in nl 119 119 N.M1IJ4 4.0 AW A9 AM IU 49 119 NL ktyilono Fundi: ApMN 111 19 Cut 11 unavail cm w.0 n.M Caa B4 AM Ml Cul K1 7JI AN vitta Bnand Dir I AaMtuRJP9eMaaey ipeaennnnnuR nn.

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