The Des Moines Register from Des Moines, Iowa on May 6, 1970 · Page 15
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May 6, 1970

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The Des Moines Register from Des Moines, Iowa · Page 15

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Wednesday, May 6, 1970
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BONDS »"« Vfild 70 AUO *>t .71-44 4S .74 , 74 80 •* 3VJS 86 3'/4S 83-78 3'/4S 85 4'/4S 85-75 4s' S 72 Feb"'.'.'.'.'.'.'. 2'/« 7247 Jun ., 4s 72 Aug 2VjS 72-47 4'«S 73' i''H. 74 oV7S *U j -«>>• 4'/4S 92-87 45 93-88 4'is 94-89 3s 95 3 C '«S- -98-^iTTT;... Prices quoted In Subject to Federal Income taxes. %& :»:!! ,1120 .63.24 67.20 66.12 65.24 63.20 (3.24 74.24 69.12 -.8 7:75 65 -8 7 07 70.20 -.12 7.S1 iti* -.i 7:0'67.12 —.4 6.85 66.24 —.8 7.01 64.20 .-,8 5.68 dolfars and 32n'ds.* J< taxes but not to Stale TREASURY NOTES . Sov'W Feb 5H 1971 Feb 7H 1971 May B 1971 Auq 8<4 1971 Oct l'/j 1971 Nov SH 1971 Feb 4 3 '4 1972 Aor !'/» 1972 May 4JJ 1972 OCt Apr IVi 1974 Auq 5«t 1974 Oct 1 Vt 1974 Nov 53/4 1974" Feb 53/4 1975 Apr l'/j 1975 Apr IV? 1975 May 6 1975 Feb 4"4 1976 May 6V» 1976 AUfl 7'/j 1976 Feb 8 1977 Prices quoted ... _. _ Subject to Federal taxes but Slate income taxes. 92.4 92.20 92.30 93.6 97.30 98.6 103.2 100.4 In- dollars -and Coffee NEW YORK, N.Y. (TUESDAY) (AP) Coffee futures were Inactive Tuesday. The green coffee market was slow, except for roaster Interest In African Rob- usla type coffees. A leading roaster bought as far ahead as the third quarter this year, according to dealers. Coffee spot Santos No 4 ex-dock closed at 52.50C. Cost and freight offerings Include Santos Bourbons 3s at 53.50C and 5s 53.00C. B fuluSes closed quiet, no sales. Midwest Stocks CHICA6C • abbraviatsa rrsrsr piSetj: •frToWTSTTO Midwest stock Exchange Tuesday, wfth sales, htgns, lows, closing prices and rjet changes from the Previous closet .200 Anch COUP lioo Arm oia jet High to* dose Chp. ISJj 15ft 15'/l— VI "6V» 16'A- 1 4Vi 4Vt- */» .»,_..«. w, ,- 31 </4 31 '/4 , . , MIDWtSf STOCK SALES Total sleek sales 465,000 Dividends Tuesday's Final Dividends. Declared Pa- Stk. of Pay- (NCRVisEo RKer< ' *"'* Std Alliance ••• $ ^ ( jl<L" • •' !•'• Btshmnn MH ... Jpc .. 6-5 Investors Royally 2pc J . , .. OMITTED Kroehler Mfg AMF Chemetron .. Coca Cola ... Cont jAfrllne . Cont Oil g over ,., merson Elec .. ... Fishman li Goodyear T&R .212: Mlrro Alum 4: Niagara, Mohawk .27: Paterson Parch P .09 Rapid Amer ... .1875 Slmklns Ind^ 125 Soulbb Beech .. .375 REGULAR 5-15 5-15 6-12 5-22 "•22 •27 _-22 5-15 5-18 6-3 ,6-10 6-1 7-10 6-10 6-12 6-12 6-U 6-10 6-5 fc? 7-1 6-10 WORLD BANK BONDS NE W Counter structlo 8V 4VJS 75 3',iS 75 3s 76 4'.is 77 4'/45 78 4',4S 79 4'iJ 80 3'/4S 81 "!! 92 5 7 /«s 93 6V?s 94 " 94 ORK (AP) — Closing Over the - WYORK U ter World In tlon & Deve " # International Bank Recon- ;velopment bonds Tuesday: '4 ver Re 81.16 76.16 72 73.16 73 II- 80 77 8 ,V 74 74.16 68 74.16 74 8 2 82 id and asked prices quoted and thirty seconds. American Stocks NEW YORK <AP) - Following Is an abbreviated list or stocks traded on the American Stock Exchange with sales, closing prices and net changes. AMMBX SALES Total stock sales ' Sales year ago -tend' sales » 3,260,000 Aberdn Mtg 5 7 - Vt Aberdn, Pet ? 4'/a .. Aero Flow Aeronca Inc Aerovox CP Alleen Inc A rlitt Intl A ax Magne A an Wood A aska Alrl Ajj.fi; E A i r) Ec, Allied .... . Allied Con • Alloys Unlli Inltd Allamll. CP o Indu Blltrt Am Flnan A . Amco Indus Am Blltrt i . 17 10 , .- u »*= * 15 J 1li +vt 1 J4 — Vt 14 11 -Vi 45 UH- J* 37 4 — '•> 50 9 18 3 3? ?0b 178 15Vi— V» 3V X _ Vt 93,1- Ml ,. 14Va— Vi 1 17Vj— Vd SO 16H-^*1^ 10 25VJ-2'/* ssex Ch _ts Hokln Fab! FaFrt., ... Falcon Sbd : ed Resrces Felmqnt OIL Fllmwayi— /•' 4 : lnan Genl/" 53 Fischer Por 2f Fleetwd'-Ent Fia ,Capital / ^MV»IX vn • • • Amrep Corp / Ang Laut A^ 1 Ansul Co/ AO .Indust ' Appljid bat Applied Dev .Ark LaGas Asame/aCOH ''J -' 19 - T'4- Vt 35 7Vi— "A 12 WJt . 2 4W— Vt AVsd Prod" 6 32&-1V* As'mxtata 3* 9%+% "UwHMM Fjrankl Mnt Franks Nur Fresnlllo Co Frontier Air Sayld Nat Sen Alloys Gn Battery jtn Cinema Jen Plvwd ^enlsco Tec _f Indyst Giant Yell G L Indust 'lasrock Pd Jlen Gery Goodway 1 ranger A ranite Mgt Avco CP wt » inds ^••dD^ 27 2 v *_j; 44 17U—? ell 7(1^,,. I*. 'J 19 _.. 19 3V4+ dltWIIIM Campb Chlb Cdn Ex GO Homstd Javelin Cdn Marc Cdn SupOil Canav Int Canoga Ind Care* Ac carnation Castle AM Castletn ind Century El Century Geo Century Ind crimp Horn Che sea Ind Christiana O Cinerama Crcylt Foil COuwl II Coffee Mat Cohu Electr Coleman Co Coml Met Comodore Compu.Dvn compul App Comout Eq Comput Inst Computes! Comp Softw Concnmco Condec CP Conduclrn ConCdn Far Con Oil Gas Cont Mater Cook Elect Cosmdyne Creole Pet Cubic Corp Oaltch C D Damon Cp Damon Cra Daryl lod- Data Cont Data Prod B ay Mines aylln Inc RSvlln 'Wt. earborn leJur Amsc lei Labs Jeltona CD leseret Ph ?!' ... Jnc —lyn CP 3ome Pet Driver Harr 3rug Fair Juro Test Jynalect CB iarrScheib ;ckmar CP, 'colqglc Scl •do Corp Ehrench Ph Elco Corp Elect Assist Elect Como 12 6Vj— Vt 45 4*K— Vt 11 V/t ,. 4 7*»— *• 56 12H- '/• 20 tot— Vt 16 3'/3— Vt 104 4V§— V§ ,!. J l/V^S '3j 'S?<±S 48 5*1-5-14 123 11 — H 21 3V»+ Vi 30 23V»— V4 12 5 16 4 64 9'/»— V« 17 94 — IVi 3 19 — H 51 f/t— Vt 13 20'/j-l'/t 13 2'/i+ W 6 8Vi_ U 43 123,4— *. 24 7W— "4 124 BV4-1V4 158 4*4 10 4?ik— «• ' 14 19 ™ 3V4+ Vt 1 12V4+ V4 27 4Vj 2B 28V4- >A 2 17H+ '/4 52 4 .— '4 13 19^4—1 103 27*i— ' 10 B'/4-)- ' 23 12 — • Elect Resch lecjronlc ectrosp l Tronlcs mery Ind 28 16 iqultv Corp iqulty FncT 1075 iro Indust isgro Inc jspey Mfg :sq Red El V4 5%— % 10V4— It 3H- Vi 31/1— Vt 6'/i-.*4 4H-"/4 229 90 9 a 10 73 32 23 6 59" 16 • 8 ,§!••— Vt li \Wt— 15%— BV.- V4 M p+ v, 8^+13-16 18 — *{§ V/t —'A 6^«—IVi Gt Bas Pet rt-t-Chern—_. inpw C.hefn 10 -,— .-,. 412 Jmlltn Cos 11 3V4— Vi SruenriYxT. Knott Hotel LaBarge In .afay Radio .ake Shore .aAAayr Inc .a Potnte In .ee Enterpr .erner Str .ernerSt wt .evln Town Liberty Fab . .ibartv .1111 Ann ,CP .Ing IY wt .oewsTh wt joglstc Ind .ona Witt .oyls Sharr LTV Aerosp 'TVAero wt .TV Elec TV Una ing pf Lundy Elec Lynch Corp Macold Ind Macro Chat Magna Oil Martsfld TR Marlene. Marley Co WcCro wt n McCull Oit Means FW MEM Co . li— V t 10 3!±* 60 5'/4-l- ' 31 23-1' „ <o Cdn Oils 8K y/t- Vt Joreast Alrl Jm 4 — V» Jws.t1nd.wt/. 7 4% Nuclear Am iuclear/Oat f yfronlcs oke;corp Qm Town irlalnala erhead D r U Jurlt Fa»h Pyle Nail Samer Ind Rapid A 51/4+ V. a-* — Vj -— Slboney CP Skagg Drug S IcR Corp lick CP RfA MlS Ind olltron ' td.Dredg Sunalr El superscop Susquehan Susqyeha pf This was revealed in figures released Tuesday. The figures were released, just after United Fruit and AMK disclosed they had been told by the Federal Trade Commission-that it-eon- siders the acquisition of United Fruit by AMK illegal Last year AMK acquired 83 per cent of United Fruit's common .stock, and moves are underway for acquisition of the remainder of the stock. AMK said in its report that earnings of United Fruit were included for 1969 for the first time, on the basis of about a 9 jer cent equity in January and J3 per cent for the remaining 11 months of the year. The firm's net income from operations totaled $22,457,000, or $2.69 a share in 1969 vs. ^7,083,000, or $1.32-a share in 1968. Credits, Losses However, extraordinary items joosted last year's net income to $32,496,000, or $3.89 a share. This consisted of a net credit of $10,039,000. resulting from a net gain from sale of several sroperties, principally NRM, Inc., where the gain ^..wa's $17,341',000, offset bv extraordinary losses of $7,79.5,000. Included among the extraordinary losses were closing costs,. of$2,929,OQO on John Morrplf'plants; jyiorrell closed its Des Moines fe'ed plant last year and opened a new one at Grinnell. It has plans now to close its Ottumwa slaughter plant next September. E. M. Black, chairman and president of AMK, and John Fox, chairman and president of 'United Fruit, said they believe the acquisition of United Fruit stock by AMK does not violate any federal statute. Stock Range Black said United Fruit will continue to operate as a separate firm until settlement of the anticipated action, and that AMK will oppose any effort to force divestiture. AMK's stock, traded on the New York Stock Exchange, has ranged this year from $31 down to Tuesday's close of $14.87, where the yield on the 30-cent .ech Tapt echneol Technflrol Telepromp Tenna Corp Tenneco wt Tenney Eng Term Huds Texstar CP Textron wt pnka_ Corp Tool Resrch Town Cntry Trans. Carlfa Transogra Tyco Labj Unexcelld Unit AlrcPd •Inlt Asbest S Leasing 242 5411'S $-' 6 4\>i J2 ?# +y« 10 10./4-* 4, 6V i± H U.S, Treasury WASHINGTON TUESDAY (AP) - The cash position of the Treasury April 30. 1970 compared to April 30. 1969 in dollars; I »^494,548,284.W 8 *'" nCt j lfl,079,299.768.6» $367,737.245,685.17™" * 1359,065,603,528.17 figur* not* suble'ct to statutory limit. Hide Market NEW YORK, N.Y. (TUESDAY) (AP) Raw hid* futures clowd auf»t, po sales. Scot llaht natlva cowhide* lie. VabshAAag Valthm Ind rail McLan .Jestaies P Wesib Fash Wn Nuclear ilte, E Int shire son Co sonCo wt . son Bros « son Phar rifson Spa ./llsonSp wt Wise PL pf ... Wood Ind Vi Wright Hars ., , . 120 59VJ 7 13 — 'j 1031 9-16 —Vi .NEW YORK (AP) — American Slock H| B h 21.71 21.32 Clos. 21.42 NatCha. —.23 American Leader* NEW YORK, N.Y. (T;UE§DAY) (A?) Sales, closing prlca - J — r — ----- • " - r - -' J nif change of the ks tradid on the tan* most Am* AM fmericanS THIS BUSINESS TIDE; AM t&$ N&t Vp Shatply; Challenge on A cquisition Leased .Wire to The Register, • AMK Corp., diversified company that owns John Morrell & Co., had a 217 "per cent jump in operating earnings in 1969, reflecting in part earnings from the firm's'interest in United Fruit Co. where it was selling at 5.5 times last year's net from operations. RCA'sNetOff RCA Corp. had a 35.5 per cent drop in net income forjthe first quarter of this year as revenues slipped 5.1 per cent, and Robert Sarnoff^president, said a- slump in x color TV set sales, that has affected the whole indusitry, will result in lower second-quarter earnings. For the quarter ended Mar. 31 the company's net income was $27.4-million, or 39 cents a share"vs. $42.5 million, or 62 cents a share a year ago on revenues of $777 million vs. $818.1 million in the first quarter of 1969. For the first half of last year the company's net income was $66.7 million, or $1.92 a share on revenues of $1,531,100,600. Sarnoff said he is hopeful business will pick up in the second half of this year. He said domestic shipments of RCA computers in the first quarter were nearly double a year ago's volume, adding that RCA should move to second, from fifth place, in the computer industry this year. ^ RCA's stock, traded on the New York Stock Exchange, has ranged ths year from $23* to $34.62, and closed Tuesday at $23.12, where the yield on the $1 dividend rate is 4.3 per cent. United Security Lifelmurance J... _ United Security Life Co., Des Moines, which is 94.6 pef cent owned by General United Group, Inc., and which in turn owns 100 "per cent of the stock of General United Life Insurance Co., had* Consolidated net income for the first quarter of this year of $115,751 on gross income of $8,783, 714. United Security Life Co. became a general business corporation last year when General United's insurance properties —• United Security, Guaranty Savings Life Insurance Co., General United Life Insurance Co., Des Moines Life and Casualty, Co. and Nebraska Nationalise Insurance Co. — were consolidated. /' The operating insurance com- pany'now is/General United Life Insurance Co. United x Security Life's total as.se'ts stood Mar. 31 at $99',309,857, up 1.4 per cent since last Dec. 31. The company's first quarter net compared with operating net for all of last year of $116,100, which was more than offset by a net investment loss in 1969 of $1,322,293. Mo. Beef Pack Missouri Beef Packers, Inc., Rock Port, Mo., had an 18.9 per cent gain in operating earnings for the six months ended Apr. 25, the first halfLof the fiscal year, as sales rose 3.1 per cent. This was revealed in unaudited figures showing sales rose to $106,135,145 vs. $102,897,643 . a years ago, while net income from operations totaled $955,792, or 84 cents a share vs. $803,943, or 71 cents a share a year ago. Net income was increased by $139,867, or' 12 cents a share by. an extraordinary credit — proceeds from life insurance on the life of the late R. E. Frye. Thus, including the extraordinary credit, net for the first $1,095,659, or 96 cents a share. J. C. Walker, president, said earnings,-<yould have been even higher except for the seven- we-ek strike starting last /anuary at the firm's Rock Port plant. He said startup expenses at new breaking and fabricating facilities also depressed earnings. The facilities, at Friona, Tex., and Rock Port, have completed their shakedown periods and are expected to be "operating productively"- in the second half. The firm's stock, traded on the American Stock Exchange, has ranged this year from $20 to $28.25, and traded recently at $20.25. Mid-States Enterprises Richard W. Collison, presi dent of Mid-States Enterprises, Inc., and Frank D. Anderson, vice-president, secretary and g meral counsel of Western olding Corp., informed Mid- States stockholders that Western Holding's exchange-offer is being extended through May 22. The offer, which was due to expire May 8, has attracted the tender of 75 per cent of the outstanding shares of Mid- States, but to become effective must include. 80 p.er cent fif that firm's stock. The offer, approved by offi cers and directors of Mid- States, was made a month ago. it provides for Western Holding to pay three shares of its stock •or each outstanding share of viid-States Enterprises, which is headquartered at Carroll. , Triple'?'Feeds Tfiple'"F'.' Feeds, Des Moines, signed an agreement with Paul -Bimmefmah Co., Willcox, Ariz/., for the latter firm to manufacture and distribute Triple "F" products in Arizona, southwest New Meftico and southern California. This was announced by J. K. Lepley, general sales manager for the Iowa firm, who; said Bimmerman has a manufacturing plant at Willcox and warehousing facilities at Will* cox and Cashion, Ariz. Iowa Kwik Shop A Kwik Shop (convenience grocery store) was opened Jait week at Council Bluffs, theiirst such unit in Iowa, Kjvilc^Shop, a division of- Dillpn--Companies, Inc., said it,has four locations under ...construction in Des Moines-ahd three in Sioux City. It has 38 other units operating irt Kansas and Nebraska. Penn-Dixie Jerome Castle, chairman and president of Perm-Dixie Cement Corp., which has an Iowa plant at West Des Moines, said the company suffered a first quarter loss of $571,812 compared with a year-ago loss of $272,400, although sales rose 15.9 per cent to $38,820,077 vs. $33,482,557 in the first.quarter of 1969.. Year-ago figures were restated to reflect ownership participation in Continental Steel Corp. Penn-Dixie's stock, traded on the New York Stock Exchange, has ranged this year from $14 to $19.75, and closed Tuesday, at $14.50, where the yield on the 60-cent dividend-rate is 4.1 per cent. ' — Inflation? -A, W. Clausen, president of Bank ~bf America, said in Buenos Aires, Argentina, that although the U.S. economy is passing "through a period of indecision,, uncertainty and sluggish growth," it is "quite clear" that the Nixon administration's efforts-to-control in flation are working. Contending that both high prices and interest rates are beginning to react to govern ment pressure, Clausen said the H,S,J.s "moving in the direction ^^I^CHIOAfittHOeS GAIN50C-S1 • •••v. ACC 5s77 JMotAcc 5S80 GMotAc 4?'M8; GMOtAC 4^s82 , GMotAc 4S*SB3 -7 GMotAc 4tVjs85 44 . . — 17 24 of more sensible, sustainable growth." IOS Offers The board; of directors of Investors Overseas Services Ltd., Geneva, Switzerland, is consid ering take-over offers from European banks, according to IOS sources, but a report, of one informal prpposal from a group headed by Banque Rothschild in Paris was called inaccurate by the bank. IOS sources said also there has been one private U.S.. bidder. The 23-man IOS board is divided, sources said, on terms for selling the company, and is disturbed 'about the probable top management changes that would be involved if a sale is made. However,^ one source said that in any event there will be some changes. The source said Edward M. Cowett, IOS president, had come under strong criticism for allowing company expenses to reach $80 million last year, much more than had been budgeted. Vega2300 Chevrolet Motor Division of General Motors Corp., -announced its forthcoming mini- car, the Vega 2300, will not be restyled.for.at least four years. The Vega is to be introduced in late summer. s« 587 10 s92 58 ' if &> .& 'M/4 43'.'J «V<! mm I?V4 KV, fStAIrt „ IStAIr ^4393 59 , ./C eV4vaa92 SenE ee 3Vjs7i Genlnst " 13 7 6H 65 30 70 70 58S-1H %» +'H 57 -A 62Vi _ W 78V? — l/j 56Vj 90 80 Vt —I'.'i n -« 66 MVt + Vi 6iVt —2 65 +1 91W — >8 78V4 ' — 70 Grace CV4V4S90 _UlfWJ S'/4S87 HOUseP 814S75 « «* "?? Int errMe IntHarC 8V4S7S 195 IMIn CV4S91 49 s9 r Ling TV 5s88 5295 LOCkh CV4V4S92 308 Lucky Sir 5S93 10 G 61 49V4 45 4S?i 64 64 64 S !? 5? i^ir 4 i^ S 4 ?V, gw ff* 10 5SHT 41 T* 67'/4 66Mi 67 64'/i iST/i 63V] 30 37'/j 136 WadSgG 61/4587 4 78?i 70 77 «0'/4 S4'/i McCror 7V7S94 102 McCror 5'/js76 2 McCrory 5s81 32 MDonD X'/4S91 149 MtWdCr 9589 15 MtWdCr 7}*s88 3 MtWdCr As80 1 :») DJSt. 4Ws92 8 10 26 — 27'/j 34 3 /l 35 136 136 78V4 68 77 6ftVi -I'/i - Vt —2>/> 75 «8 77 60 S3'/j 99Vj 99Vj 88 88 69 69 70 70 —1 +11/4 P8CG8.E 5S91 Pac GE 4'/js86 PacOg,! s370 PacG&E* 3s74 PacG&E 3579 5 66 66 66 — 2 • 8i 66 Pac GE r/,s80 2 65 PAA CV5V4S89 84 56'/2 PAA CV4'/IS79 PAA CV4WS84 80'/4 BO'/i — IVi 66 66 +1 45 65 ISV4 55'/i —l'/j ._._.„_..„. Penney 4>/is93 Pennay 4V,sS4 ED " i 9s 'S Ph 8 El 8S75 Ph a| 4V.S97 PhllaEI 3Us88 lean R 4Ws83 iearsRAC 5s82 Jlnclr CV4HS86 SoCalEd 3Vks80 SoPac S'/4sB3 SoPac 4'Aj81 Std Intl cv5s87 std Packg «s90 StPkp cv5'/4s90 -.tautf cv4'/>s91 Jtevens cv<s90 TalcotNat 6*9< Teledyne 7s99 Teledvn 3'-«is92 Tenneco 9Hs75 Tenneco 7s93 Tenneco 6V4S92 Tenneco 6s79 TWA 6Va7U UnAlrLIn 5s91 UnltAL 4'/4s92 UAIrc CV5HS91 UAIre cv4Vis92 ll 35 71'/« 20 KVt n 741/4 11 71'/• 50 54'/4 95 102'/j 42 8M4T 139 753/4 " 78'/4 643/4 , . 75'/i _4V, 58 —2'/2 52 52 —1 69 69 T-l W/t *8i/i + V, 7, 7 7? -\. 54'^ 54</i 100 100 —2V» so ao —i 75 75Vi — 1H 77 78 + U 64 — 40 58% 57 58 —2 36. S3 31 V4 Sl'/i _ V, " " . 120 22 55Vi Is'rnWsIs 3 USSteel 4^594 74 6Jl4 TNEW YORK (A^^N Approx final total ..... tx>tt MVt — i 59 f 59^^ 40 vl 4oVi ~ 163 63 — : Y Bo 'fous day ago ago ,--. ago Two years ago Jan 1 to data 1969 to date 1948 to data ........... EARNINGS (For period ended March 31 unless otherwise Indicated.) Latest Year Period ABO AMERICAN BILRITE RUBBER quarter: Net.Income * I.OM^W $ TWI.397 AjtlftlON CLAYTO^^^th,:^' 693 '"' ge^lnwma $ ]\Mif§!" f t,324.m CON?OU ^Mdf.S'flM t 6,471,053 $ 4,138,767 8,219,278 ORF. quarter let. Income A shara , quarter: Jncoma $ 3,400,000 t 4,500,000 .41 PAL STATES l M .Incoma $ 24,ia9.< A shara i,_^ J?ay 243,942,374 $ 21,120,088 215,796,280 COCA-COLA quarterr'"""'" "*'"" Netlncome $ 26,842,892 23,898,2 CONSOL NATURAL OAS quarter: Net Income $ 40,699300 $ 34,308,0 ESQUlVI RADIO * ELEcVRONICS lVi2 wr* * w -"«» "I"»B RTFORD PIRK INSURANCE quartan iper net $ 10,248X)qo $ 7,176°000 quarter: I 3,520, ,520,000 $ J,705,000 MFO quV LIGGETT ft MYERS quarter: AON DEVic^V 9 . 7 ^^*"^ OP'r.nat , * 5,9^ej5 $ 3,434,154. 'Sl,OUjOno t 77,036; •Y/443,000 1,607,l,?il,480 « . 1, «k--; .... ,A r _sh_.r, *»• un,* shara s ^tT lncoms '•(•.Income-' "V.^^i* $ i«,«9.637 579.981,750 St5,J82,9V5 xs Sales r$^*W^^M!^ P&'citv isn. Inelnnatl, $rwsft' >eorla ^K?^A\® r «e« rfer^s^."" 1 *' 2<so ° hMs and CHICAGO, ILL. (AP) -Hog prices were 50 cents to $1 higher here Tuesday. Cattle prices were about steady. Mixed grade 200 to 240 pound butchers sold for $25.25 to $26 with' some Is and 2s to $26.50. Sows under 400 pounds were $20.50 to $21. Choice slaughter steers PradueeJMarket Iowa Produce Following is Tuesday's report on Iowa eqg and poultry markets as reported By Fed-Stata Market News: EGGS _ Incentive A larsa mostly Ic lower; Incentive A medium and other A arse unchanged to Ic lower; buyer sentiment unsettled; price per.doien paid producers at farms, cases exchanqed 24 hour* ended 11 a.m. today; eggs priced under buyer quality -and volume Ineenive; In- centlva A large 23-J8c, mostly .2S-27c; A nedlum 13-22c, mostly l5-20c; other A arge or better 19-25C, mostly zi-zfcj A •"••"•— "•-« lostly 15-18C, B lar - -* :; C dirties anr) • I2c; smalls and fSSS^^^^n ""'fr^a^-uWpeSe^; !5 .'?. *F,&W- ™?«IX «V4'-»e; less NEW YORK (AP) - The Associated Press weighted wholesale price index of 35 commodities declined to 1«U8. Previous Day 190.63, Week Ago 191.40, Month Aso 190.37, Year Ago 174.02. 1970 m* ma m? Hlqh 192.40 185.80 K6.72 1MMO LOW 18S.S9 164.29 159.62 160.30 (1926 average equals 100) brought $29.50 to $30 with -high choice and prime to $31.25 Most choice heifers sold for $28 to $29. Slaughter lambs were fully steady at $25.50 „ for choice shorn offerings. SAVINGS BONOS SALES DECLINE Leased Wire From Dou; Jones WASHINGTON, D.C.'- Savings bond and Freedom Share sales fell last month from both March and a year earlier anc the Treasury again reported a net cash outflow. April's outflow of about 80 million was less than the $91 million drain in March, but was slightly more than the $79 mil lion outflow a year earlier, the Treasury-reported-Tuesday. —. It marked the 17th straight month in which redemptions exceeded sales. Sales of savings bonds and Freedom Shares totaled - $384 million down from $458 million in March and $411 million i year earlier. Redemptions in April de clined to $465 million from $549 million in March and $490 mil lion a year earlier. RewU of 45,534 Goodyear Tires AKRON, OHIO (AP)-The Goodyear Tire & Rubber Co Tuesday recalled 45,534 passen ger car tires, saying a govern ment report had concluded some test tires did not meet laboratory standards. Goodyear said the recall affected Custom Power Cushion tires in the 9.15-15 size and Power Cushion tires in the 7.00-13 size. The company said its own tests showed the tires passed government standards. The 7.00-13 tires recalled bear serial numbers beginning with LN02, LP02, LY02, TN02, TP02 and TY02. The 9.15-15 tires carry serial numbers starts ing with JT07 and UT07. FOREIGN EXCHANGE .NEW TOR K(AP^ -r'fuesday's Foreign -change In dollars'and decimals of a Ty«l. Mpn. V 2.4047' J, 2.4045 2.41 1.1225 1.1! .0389 .033? .020155 ,020150 .1333 .1333 .1813 .1813 .2754 .2754 159] .001595 ,1401 .0353 -.1925 „ (krone) •ranee (franc) lalynirA" Jorway. (krone) Portugal,(escudo) iwaden (krona) Switzerland (franc) (free) lermany, [schemark) .13' M— '25 .2327 2.754 Latin AmtrlcaV" """ Argentina (peso) (free) .2875 Brazil icruielro) (free) 2250 Brazil (cruzeiro) (I Mexico (peso) Venezuela (bolivar) Hong Kong'(dollar) Japan (yen) Japan Near Eas Israel (pound) .0801 .2230 .1655 .002792 .2327 .2753 12250 .0801 .2240 . .1655 .002793 .2900 .2900 -, medium l2-20c, mostly ti, .ui '- sy than truck lot 3-6c, mostly 4-6C. Chicago Produce CHICAGO, TUESDAY (AP) - Chicago Mercantile Exchange - BUTTER — Steady; wholesale selling •prices un- lanoed; 93 scora AA 69'/2C; 92 A 69V'2C; . E ? os -; s .'5' dv wholesale buying prices unchanged; 80 per cent or better - • heck! rade A 31C; " C( lofau<:M ' Of \ t otal U.S. shipments 339; old— supplies L'. 9 i ht> I ^11 flnd . moderate; market for rus- SRls sllqhtlv stronger, others stwdvi ear- Smi r wJ .S 8 '?? 1 !, '°aho russets $6.00-«,2J; Minn.-North Dakota Red River Va lev round reds $4.85; new-sSppl)es light? ds- t?JIv .T.°. der ^'^ m «rket firm: carlo! track sales: California lono whites 15.75. Produce Futures CHICAGO, TUESDAY (AP) _ Futures change- Chicago Mercantile Ex- Close Jun <^ug Dec Feb Apr Jun Hlah Low Close EF CATTLE 29.93 30.15 30.25 .30.47 30.00 29.75 29.67 29.65 . 30.17 29.BO 29.50 29.62 29.65 . 30.25 29.92 29.70 29.65 30.10 30.25 29.85 29.60 29.65 29.7S 29.80 Sales: June 1,520) Aug 1,064' ! ' > 'o'ct'263 V ; Dec. 179; Feb. 14; April 2; June '71 o. Jun Jul Auo ^ct >ec Sales. „ 44; Dec 4. May Jun Jul Aug Sep Oct Nov Dec Jan 27.W VE —27:25 25..8S p6 27.70 27.10 3J.50 34.90 33.65 35.50 35.35 Sales: May 927; June 258; Jui 6; Auoli Sep 453; Oct 11; Nov 6; Dec 43; Jan 0. FROZEN WHOLE EGGS •» Oct Sales: Oct 0. May 6.37 6.1 Sales: May 747. FROZEN PORK May Jul Aug Feb Mar 24.75 24.75 6.21 _ Sales: Feb 100; Aug4,483i Feb 625; ll'll &6 7 -,7S9t July M st: J av t Arch .. Open.Interest;.,May <.327r July » March 148. Butter Market followlna. Is Tuesday's report on lowa- Mlnnespta-Wlsconsln dalrv bulk butlfr as Given bv the Federal-State Market News Prices steady; supplies tuljv ample. 69Vic * sc *8 3 .4-;oc. mostly Potato Futures. NEW YORK, TUESDAY (AP) - Potato futures: Maine closed 1 to 3c lower; sales 1.985 contracts; May J4.06; Nov i" " ' LAND BANK BONDS NEW YORK (AP) Land Bank Bonds: . 6.70s June 6.75s June i'/is July >s July J. 5s Aug 4'/DS OCl , *i30s—Get— 6.80s Feb 8'/2S April 7.35s April 3Vjs May 8.15s July 8.45s. July 6s CJct .. 4Vjis Feb 5.70s Feb 3>if Sep) — Closing Federal NEW YORK, N.Y. (TUESDAY^ (AP) — Wool futures were Irreeular. There were 2 •^ay delivery notices Issued,/ Wool tops futures werejsulet. Wool futures closed .? Of a cent lower to .1 of a cent higher. May 99.5c, July 100.7c, Mar. 103.4C. / Certificated wopfspot IJlO.Sc. . Wool tops futures closed quiet, no sales. CertlflcatesHpot wool tops HA.Sc. _,./ _ Metals XEW YORK, TUESDAY (AP) - Spot ,nonlerrous metal prices: copper 40-iOVic a Ib.. Connecticut Valley; lead UVic a Ib., ltfew York) zinc ISVjc a Ib., 'East St. .ouls; tin SI.85 a Ib.. New York; oold S34.« per troy 01., New York; sliver 51.67 per troy oz., New York; quicksilver $458.00 par flask. New York. Scrap steel ,No v heavy W2.00-X3.00 a ton basis Pittsburgh. Sugar NEW YORK, N.Y. (TUESDAY) (AP) — Domestic Sugar futures No. 10 closed 1 to 3 points higher, sales 27 contracts. July B.lBc, Sept. 8.21C. c « Sugar spot S.OOc. ...rid Sugar No. 8 closed 1 to 5 points lower, sales 964 contracts. July 3.87C, Sept. --' Oct. 3.B1C, K'ov. 3.B2C, Mar7 37Sc; Silver NEW YORK, N.Y. (TUESDAY) (AP) — Silver futures closed 280 to 330 points higher, sales 5,493 contracts. May U9.60c, June 170.80C, July 172.00c, Sept. TO.46er-- Dec. 179.90C, Jan. 181.60C, Mar. 164.90c, May 188.JOC, July 191.50C, Sept. I94.80C. Copper NEW YORK, N.Y.CTUESlSAY) tAP) Copper futures closed 45 to 65 points lower,- r sales 482 contract. May 74.10& July 71.4JC, Sept. 70.40C, Oct. 69.85C, Dec. 48.65C, Mar. 66.75c, May 65.65c. WH^ ^IM!I ll^'HI-'fli tv a way the mutual fund maze With more than 700 different mutual fends corrently available, today's investor faces the increasingly complex (and time-<xxnsamiBg) task of deciding which of tbemnijraJteinwtwe&e^^ invmkoeajfc goab, And many busy people baverft the CaH us today. Or mail the coupon, Investatent Bcaiking/Investment Management/Mutual Funds/Muniripat Bonds/Listed and Unlisted Securities varigtiona ia nafca and coets. j DAIN.KALMAN&QUAH 'W\3^ l f\t>Of\tf Affn ^ " ' ..... " ..... '" ith us? to help yen. »»ie a. aejedim ti3»lfa based on a cawlqj £ysi»«C your peeaonal pla^as-ao, investor. Researcii With a Regional Accent Stock Caciwrae/IQQ Data Tower, Mpls, PlMs^seod m« mora liifonnatioii»oo««itoa«p|ds. My hiwtmotrt objective to DReiwement IDCoflegofand INCORPORATED 5064JOCUS* MOiNES, IOWA 50309 TELEPHONE: 288-8511 ADDRESS. CITY .... STATE. -21R. D»in, Kalman & Quail, Incorporated 506 Locust Street DM Moines, Iowa 50309

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