The Des Moines Register from Des Moines, Iowa on July 27, 1969 · Page 19
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July 27, 1969

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The Des Moines Register from Des Moines, Iowa · Page 19

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Sunday, July 27, 1969
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Plunge Again , The Associated Prew average of 40 stocks fell 8.7 points last week closing Friday at 211.3, the lowest since Dec. M, 1SN. During the same period the Dow Jones average of 30 industrials dropped to 818.M, down 27.M, to its lowest level since Jan. ID, 1M7. Historic Week, But Stock ! Market Not Impressed . , t AC*W« 5tOC*9 ' De« Moin«t Sunday RtiijMw 1 J Local Section ••L' July 27, "~ Price Decline On Commodities NEW YORK, N.Y. lowing are the 20 most, active NEW YORK, N.Y. (AP) — Men walked on the moon and stocks traded last work on the rocketed safely back to earth last week, but the stock market,.New York Stock Kxchango with NEW Y ORK, N.Y (AP) — ! despite some feeble efforts, failed again to get off the launching; l%9 highs and lows, sales, T | ir Associated Press index of pad. Instead, it took a dive that carried the Dow Jones industrial dosing prims and not change 35 koy commodities fell to 177.39 average to its lowest level in about 2 Mr years. for the week. Sliding steadily since reach-' ing its 1969 high of 968.85 on May 14, the closely watched Dow average tumbled a total of 27.86 points last week to close fate of the income lax stir- charge extension and indication!! of a slowdown in busi- High Low Ncl Cho. '< Swrry Trun W ; f.n »?!7 *n« »MS I? . ^ ness activity. For the week, Standard A Funds Winners, Losers on N.Y. Board at 818.06, lowest since Jan. 10, poor's 500-stock index lost 2.99 1967. tr> 91.96, compared with a loss Buyer's Strike of 82 | ne WC ek before. The Associated Press 60-slock \ The New Y ork Stock the Kx- .11 ' SB' <»' II 1 M' 51' © th» Chlc»gao Dally. tJ«wt 73' AMrdeen Fund Affiliated FUnd Am Builn Shrs Am. in*. Fd, Am Invtsters Am Mutual Fd Am Natl Grth Anchor Group: Growth Stock Invntmnt AMOC Fd Trust Ax« HoUBhlon: Fund A Fund B Science CD Babson Dav Boston Com St Boston Fund Broad St Inv Bullock Fund C G Fund Canadian Fund Ca*lt Income cap Lilt In Sh century Shr Tr Channlni Funds: Balance Growth Ineem* Special ChtM Group: Chemical Fund Fd 2.M 1.02 3.31 11.»1 1,41 9.37 3.07 12.51 8.86 1.35 6.95 8.85 5.<2 8.49 9.74 «.32 14.17 14.91 9.13 18.19 1.37 6.89 10.61 12.12 6.31 7.91 2.81 11.41 11.64 17.70 2.33 7.86 3.23 11.73 8.12 9.24 3.01 12.25 8.75 1.31 6.79 8.70 5.46 8.39 9.53 8.19 V4.00 14.80 8.91 17.99 8,26 4.75 10.43 11.94 4,22 7.80 2.80 11.15 11.38 17.44 1.31 — .01 7.M - .U 3.53 - The following lists show the biggest gainers and losers on the New York Stock Exchange,' 30, 1066. -•'» i regardless of volume of trading in the stocks. ' DoHar and percentage changes are the difference between the week's closing price and i average lost 8.7 to 291.3, me^,^ im | cx O f some ^ •lowest it had closed since Dec. common sloc |(R wa s off 1.7S at 1K> , : 50.82, compared to a loss of ,47 « s | the previous week. ]]£) Winners Ventures Commerce common StBd Fund Fund com StBd Mae Capital Fd Income Fund Investment competitive As Competitive Cp Comstock Fund Concord Fund Consolldat Inv Consum Invest deVegh Mut Fd Decatur Income Delaware Fund Delta Tr Fd Dlf. Fd. S.B.M. Dividend Shrs Dow Th InvFd Dreyfus Fund Eaton&Howard: Balance Fund Growth Fund Incomr ' Special Eberitadt Egret G Energy Fund Enterprise Fd Equ ty Fund Equity Growth Explorer Fund Fatrfield Fund Farm Bur Mut Fidelity Capital Fidelity Fund Fid Trend Fd Financial Proa: R ynamlcs Fd idust Fund Income Fund Venture Fund Fst Inv FdGrth Fst Inv Stk Fd First Multlfund First Nat Fund Fletcher Caplt Fletcher Fund Founders Mut Foursquare Fd Franklin Group: DNTC . Utilities ,_ Income Stk Fund of Amer Group Sec: Aerospace Scl Fully Admin Growth Indus Gryphon Fund Hamilton: Growth Fund WS.V'MI- . 6.58 12.71 , 4 i7« 9.62 9.43 14.97 8.17 4.96 16.19 11.67 4.43 65.28 45.28 —1.77 12.08 13.20 I 7.90 5.42 3.66 • .54 .13 4.43 - .30 . . 12.08 — .29 13.20 — .35 7.90 - . Rank Stock 1. MOM 2. Chi Music 3. McCrory 4. Duke Power ..., 5. Gen Inslr PF 3 6. Emery Air 7. East G Fuel a. Wstn Maryland . 9. Scherlnq 10. Sou Rv 11. Chi- Er-sl III ... 12. Eaton PF 1.19 ., 13. CNA Flnl 14. Monarch 15. Foxboro 16. Apache CP 17. Burndy 18. Psea PF 4.18 ... 19. Inmont CP .. 20. Indian Hd 21. Tucso.i GE 22. Cent Mot 23. Kendall 24. Am Can 25. Idaho Pw Wl ».24 - .24, dosing price of the week befo 3.01-.w . lW i nners a nd 13.25 - .54 8.75 — .JO 1.31 — .05 4.79 — .23 i 8.70 -- .24 ' 5.46 - .21 ! 8.39 - .24 9.53 — .29 I 8.19 — .21 ! 14.00 — .44 ; 14.80 — .35 8.91 - .39 18.03 — .20 8.26 - .12 4.75 - .18 10.43 - ,21 11.94 — .31 4.22 — .35 7.80 - .15 2.80 - .15 11.1S - .52 11.31 - .38 17.44 - .50 4.45 — .21 11.40 — .55 ! 6.12 -: .26 J ere ™ lo be ,, tk'i Week's WNk't Dollar Per Cent Low Cloif Chans* Cha_n«,e ,35V* f ,.46 . .37** .24 .6IVj . 18'/« .25% .16 .'Ull Wl 24H 42' 4 > 23''" 26 43''< 45 S « 12 37=« 22'.« ?£ 31 ' 56*» 66'7 Ist'A 29S» 34'i 27V, 28 35 46 481.4 35'n 48' n 12'. 37}» 23 31':t JO 21'» 32 Vj 61 18' I 25'.4 15'» 721/4 69 46'* 30' 7 + 2'* •t 3' i -I- |i» + Pi 4- V, + V:» + 3-4 -t 5' 11 •t- I'* + P-4 •^ I'.J + 1 4- 1V« 4-J7.5 •H4.2 4-10.3 + 8.5 4- 8.2 4- 7.1 •'- 6.9 •i- 6.7 - 1 - 6.4 •f 6.3 4- 6.^ ! 6.0 •I- 5.8 ->• 5.7 4- 5 3 + 4.9 4- 4.8 4- 4.3 4- 4.V 4- 4.1 4 4.1 4- 4.1 4- 4.0 4- 3.9 + 3.8 Hunk Stock 1. Watkins John* .... 2. Sperry Rand 5 CCFt PPPF 1 ... 4. Trn W Air 5. Air Redn 4. Sclent Resrc 7. Nwst Ind 8. Nalomas 9. Denn Mfq 10. BudoM In 11. WPV G PF 1.40 ... 17. Storer Bdcsl 13. Nat Alrlln 14. Hoif Electrn 15. Cam,! f\l 16. Wayr.o Goasd 17. Avnet PF 1 II. Roper CP 19. Berk Pho 20. LatroL' M " Faral) Mf Nwst In PF 4.20 .. ... Stanmy 24. Fisher fel 2:. Wltco Chcm Low ..25'* 18 ,.52 3 » 40',4 ..I3'< 131/4 ..28'.2 21 .'.15^ U'« '.'.95''" ..34'2 50' 6 — S'-i 26 .. .433/4 36'/4 OVER-THE-COUNTER STOCKS gloomy news background has| resulted in a pattern of moder- i w M k'i wee*. week'i ooii.r Per cent ate offerings and few bids." C "''j <c " n ?*» c - i 2« i * 1 Several factors were cited to; i°''i '"'33'. "-221: account for the market's behav-l ior: No apparent progress in, the Vietnam peace talks; tax reform plans being discussed in Congress have investors worried; disappointing earnings. There Is no §ifti of an easing la the Federal Reserve j Board's tight money policy, and it appears the Fed in going to maintain its squeeze. In regard to the Fed's tight money policy, Wright Advisory Reports observed, that "the market is at once an object and Turnover for the four trading days on the Big Board came to 4I,OM,IN shares, compared with 4l,KI,llft shares in the previous week 'during which the market was open Its five regular days. 1C 34 30 K .SP 76 • 11' It' 51' IS' «»' 10' • S' II 9)' •US' .19 M03 Pun An-, JRJ6 Am lf\ Ir| JV4 Uo,l Air Lin .1777 Twrrt Cent 31.17 Am Airlin J100 Occiden r>l 7971 Nwsl Inrt 5«79 Silt nil N.I J47I Rranif AirA* ?6?5 X»rn» Co 1M Am Smell :m All R*h ?l(li Holiday Inn 7091 77' 10* 137' 19 last week from 177.7] a year earlier. A year SRO it stood at 160.7fi. Industrials "and nonferrous metals reached new 1969 highs. Following is the index and its components for the latest week compared with the preceding period and a year ago. Food Livestock Textile Nonfer MeMl i h—new 1969 hiqhi. Cnllnn 3'l. 4'4> TAX EXEMPT BONDS Hieh Low Last fir-, 8i " 30'l 24'i .30 . 34 ...23 193* ...55'.» \ 473.li ...}P< 45', ...213.4 183t ...U'« 14 ...28 24'. 28'j 13'4 36'« 25 3 12'« 24'/2 1134 26 283« IS 3 /* 47 J ii 44'« 18'? 14'ii 54'4 '- 5' - 3V» -21.5 -21.2 -19.0 -18.8 -18.7 - 18.0 — 16 5 16.4 - 16.J -16.5 — 14.1 -15.4 --15.4 — 14.9 — 14.7 -14.5 --14.4 -14.5 weal Toll Bdg 3 r >s<>2 iChflan Dlstl SS50I3 'Ches BrAT V.sJOOO •Clinton la 4.70s91 Dou»lsCty PU 4»5018 EllJ Riv TO 4' ,s5000 • Florida TDK 41.57001 . . .. GrantCtyPU 3'mJOOS Of 1.694 issues traded on the imnols TOM 3'.s9s , . .. Indiana Toll 3' js94 New York exchange during the jacnon E* on i . .,,« i i- j noo J Jackson Ex 4.1057003 week, 1,340 declined, 238 ad- Kansas TP* 3im»« . , ..„ ,Ky TpK W 4.85S2000 vanccd, find 116 were un- Lewispt eid« M* •• • • ac Bd« 4s94 Tpk 4>89 86': 3* 77 6»<< 91 »«' J 79' Net 81 --I'll 84'.i 84'>-7'4 | I 3* 77 6fl'l 91 87 67 7V i 6R 75 7V, H' tJ .. •80' ; 79 WHAT THE STOCK MARKET DID Acmt Vis Reeds Advance Ross .50 36 35'<2 35'/j 1.26 5.97 - .15 11.04 - .57 13.17 — .53 12.94 — .34 13.80 — .35 8.26 - .31 10.98 11.59 4.35 4.59 6.20 8.16 9.10 22.44 —1.02 10.43 — .59 10.77 — .34 11.35 — .39 16.15 — .42 24.28 -1.00 6.20 — .23 4.50 — .18 6.08 — .19 8.05 — .21 8.88 — .41 8.49 - .24 9.1? 9.19 — .14 7.34 7.34 - .22 7.74 7.74 — .33 6.28 6.28 - .26 8.04 8.06 — .29 11.42 11.42 — .34 11.04 11.04 - .59 9.13 9.13 - 1 ! 1.41 8.41 .29 ii« !8s' 4.27 13.36 9.04 Hubshrnin Fd ISI Growth Imperil! CapFd Imperial Grth Income Found Income Fd Bot Independence Ind Trend Ins&Bank Stk . invest Co Am Invest Guld Fd Invest Indie Invest Tr Bos Investors Group: IDS New Dim Mutual Inc tiSictivt' Variable Pay Invest Research Istel Fund Inc Ivest Fund Ivy Fund Johnst Mut Fd Keystone Funds: Invest Bd B 1 Med GBd B-2 Disc Bd B-4 Inco Fd K-l Grth Fd K-2 HI-Gr Cm S-l Inco Stk S-2 Growth S-3 LoPr Cm S-4 Polaris Lexlnatn In Tr Lexlngtn Rsrch Liberty Fund Lite Gth Stk Life Ins Inv Loomls Sayles: Canadian Capital Manhattan Fd Mass Fund Mass Inv Grth mass Inv Trust Mates Invest Mathers -.•••,. Mid. Am. MUt. Fd. 6.54 Morton Funds: Growth Income Insurance M.I.F. Fund Mut Omaha Inc Mutual Shares Mutual-Trust, Nation-Wide Sec Natl Indust Natl Investors Balanced 9.13 — .08 20.95 — .71 15.25 — .67 1.50 — .41 9.02 — .23 14.01 — .19 12.32 — .41 12.09 11.84 1I.M — .a ,i:Hioi? iiffl3| 13.22 12.93 12.93 — .51 4:22 U.20 8.94 • 13.20 — . 8.95 - .25 ,£Si A« lo'^o Tin i Intermark Invest 12.83 12.11 12.18 -1.101 | ntermountn Gas .209 11.99 11.74 11.74 — .39 || nt( Bank Wasn .10 4.91 10.33 19.88 9.04 7.81 4.84 22.09 14.28 9.22 20.77 19.82 20.60 9.74 8.37 5.25 20.43 10.87 7.99 4.99 4.36 10.22 14.78 6.23 4.83 4.69 4.78 — .17 10.16 — .22 19.38 — .67 9.04 7.57 — .30 4.11 - .04 21.71 — .70 13.99 — .60 8.94 1.94 - .39 20.41 20.48 — .52 4.7f 10.16 19.38 9.05 7.57 4.81 21.71 Am Express 1 AmExpresi cv pfl.50 AmHerltage Publ .40 AmReally Trust .Sla Anheuser-Busch .80 Arden MayFalr .253 Arden May F pt 3a Ark Valley Indust Arvlda CP Balrd Atomics Bavless Mkts .60 Berkshire Hath BetzLaboratories .48 Bio Dynamics .16 Slrteher Corp BlackHills P8.L 2.04 Slock HAR .24 Boston Capital .20s BostonHer-Trav 1.759 Brockway Glass 1 Brush Beryllium lutler Mtg .70 Jascade .109 Cascade Nat Gas .72 Christiana Sec 2.509 hrlstiana Sec pt 7 Jitlzens Util A t Citizens Util B 1.10 (ark JL Mtg 1 Clow Corp .48 Commonwlth Gas .19. Commonwllh N G1.40 Commonwlth Tel 1 Commuter Airlines Cross Co .SOa Dayton Corp .50 Dayton Mall Iron la Delhi Aust Pet Diamond Cry Sit .60 Diversa Inc pt .31g Dolly Madison .48 Donaldson Inc .60a Dow Jones 1.60 Dunk in Donuls Durlron Co .72 Economics Lab .40 _nnis Brandon Evans Inc ..72 , Farrington Mfg Federal Co 1.20 Federal NatMtae3.84 Florida PubUIII 1.01 Florida Tel CP .40 Franklin Cp .2og Franklin Elec t Franklin Realty ,32g Gas Service 1 Gateway Transp .60 Gleiion Works .571 Globe Rub Prod Govt EmplysCp .30b Govt Emplys Fin .30 Grlnnell Cp 2a Hamilton Cosco .60 Hanover Shoe 1 HardeesFoodSvs .14 Harper HM .40 . Harp&Row Pub .40 Hoover Co 1.20a Houston Fearless HUBOtonGasTr 1.429 Infrared Indus l '.20? |lntl _.. —. -•1 Intl Basic Economy 'Ionics Inc Iowa Sou Util 1.48 Kaiser Steel 1.50 Kaiser Steel pf 1.44 Kalvar Cp Kelly Svcs .50 Keyes Fibre .90 16', - VjISI Paul Co 1 — v< Seaboard Lite — '/»I Unit Amer Lf t 43V«— ' 15 -1 , IVj— s 64'/7 63' 15V* 15 •9V. 8" 62i'j 41'.7 «!'/?— l"j 12 3 -J 1P.4 IP/4 — I'/S 36 37 37 —1 12 It 3 ,* 11 J ,4— ''4 19'-4 17'/j 171,3— H'« 14V4 14 14 - Vj 12H 125« 12''B+ VB 32 32 US Fid&Guar 4 Variable An Life 34 13', 631 33?« 34 — 14 I J, 0 ' 8 ' Advances Declines Unchanaod 9''4 7^4 7 13 13 63 63 New yearly hiah New yearly lows wo This "rev. Year v'eart week week a«o it« 238 539 354 8?1 1340 1040 1734 .116 158 98 .1694 1707 1688 .. .5 4 77 .. 727 460 » 71 96 120 1587 296 an instrument of the policy. An changed. The previous saw 1,040 declines, 539 vances, and 128 unchanged. There were 5 new highs the year and 727 new lows, compared with 4 new highs and 660 new lows the week before. NY si lk pr370s93 r for BY !hrwy 77 79 8S 7? 99' 87 69' 79 77 79 M 71 i 99 -4 J "i DRUG CHEMICAL STOCKS plus ? nthrr inrtiistnp< 1 1 Ohio Tpk 3'/4t92 Orovlllt Wy 41.52014 Penn Tpk J.10S93 Port NY 3.40si; Rich Pet Tpk Illcir ft*' : M 67',i 67'.i 2 . . 78 78 -1 , 64' j 42' j 42', j— } '. 76') 74 74'j i 76 74 74 —7 47 44"? 44'. i— ' > i 49 41 61-2 , J.4M95 87 17uu7ul c 1 NMT ri|wrti-Mt rtprtirti You will teccive thess 104 rtpwts ~8t the same tirna as our refttaf subscnbm-in your first o( toot wtckiy edition; of full Valo« Line service for 15. Send check or momy •rder with nam«, *ddre» and .tip code together with this ad toe THE VALUE LINE, Dept* EYS2 > 5 L 44th St., NYC 10017 DES MOINES . i NEW YORK (AP3-Standard and Poor's 19',j IH4— Vi'weekly 500 slock index: Hiqt Low Close .t. in 455 Industrials 102.31' 100.55 100.55 -3.36; u;i;,., 20 Railroads 42.10 41.76 41.76 —1.02 i ability; 55 Utilities 61.15 60.43 60.43 —1.36 500 Stocks 93.52 91.96 91.96 -2.99 49J/J 4?'/3— 'A | which "do''not Tellec't fluctuations durlnq — '." i the week, do not include retail markup, 34'. 32 50 311/2 29 29 7^ TVt 34 34 — V4 41V2 42 +1 30V4 27V2 30'/4+4V4 30 30 30 ..... 73 70'/2 70'/7— 2 24 24'/4 241/4—2 44 45 45—2 13V2 13'/4 13'/4— V. 13V. 13 13 — V. 118 114 114 101 100 101 25 243/4 25 25 24'/2 J5 This list gives representative inter-dealer prices late last week on a group of over-the-counter stocks, as compiled by T. C. Henderson * Co., Des Molnes. Prices, 1 +1 + '/4 23% 23'/2 23'/2 V. JO 20V. JO 20 + 12% 12V4 12'/4.. . — 1/4 . 25'/2 24V4 241/4— 261/4 26V4 26'/4 8',a tVi 8Vj— V« mark-down or commissions. Allen Aircraft Agri Dynamics American Beef Bandaq. Beaver Creek Beefland International Brltl Tech Calandra Photo Clinton Engine Commuter Airlines Computer Services Dayton Corp Diamond. Lab Dlco Corp Donaldson Executive Dale Excel Investment Farmhand 17 IVj 16U 24 sn 1l'« S'i 12 2' . 3 9 30 14 oli/ oil/ oi : . \~, I «acn inemicai i ? in/ 11 • Hawkeye Ban C Ui/ Hi/ 10/i/; i Hswkeye Nat'l 12 '* l? v " !? /4 , ^ ! HON Industries Group General Management Guardsman Insurance Hach Chemical ~ Corp 10'< 3'.» T S'/4 10 !'/• 17'/7 2'/3 17V4 27 *'." IP 2'-i 3'/4 30'1 16 28i" H'< WEEKLY DOW JONES AVERAGES 30 20 Indus. Rails ~ Monday 15 Utils. 65 Stks. Chicago Futures 28 27 27 —1 122 120 120 -1 203,4 19% 20V2- ] /2 16% 16Va 14Vi— '.'4 43 43 43 14 13 13V2- Vi 12 11V4 113/4— 3/4 21'/4 20-V4 203/4— 3/4 45'/j 42 42 —4 201 190 190 —9 20 19 19 —1 163/4 16Vl 16*«— '•'< lOVa 93/4 "' 20'/2 20'/4 20V2+ 'A 11V. 10A'4 10 3 /4— 3t 16 15'/« 16 ..... 153/4 15V2 15'/2— '/4 45V4 4414 443/4—1 73/4 7'A 7'/4— 'A 13W 13 13 ..... 291/2 28'/2 28V2+ Vi 133 131 131 +3 19 18'/2 18'/3— 1 24'/2 24'/2 24V2 ..... 19 18V2 181/J— 1'/4 9'/2 91/2— V. 23 23 ..... 26%+ ". 2VB— '/4 19.78 20.49 9.49 8.24 5.12 20.13 10.70 7.79 4.84 4.23 10.01 14.41 6.09 4.74 4.57 19.80 — .01 20.49 — .06 9.69 — .08 8.26 — .13 5.12 — .18 20.13 — .48 10.70 — .25 7.79 - .30 4.84 — .26 4.23 — .20 10.01 - .28 14.41 — .63 6.09 — .20 4.74 - .14 6.57 - .11 , 1 .40 37.97 37.14 37.14 —1.08 111 41 11.15 11.15 - .50 6.87 6.47 .4.47_ - .44 10.71 11.67 14.98 5.09 11.47 6.47 10.58 11.41 14.74 4.92 11.31 4.43 10.58 — .24 11.48 — .34 14.74 - .46 4.9J - .19 11.31 - .30 6.43 4.61 KeystoneCustFds 1.20 Keystone P Cmt .40 Lance Inc .72 Landa Indust t Lilly Eli&Co 1 , Lincoln Tel&Tel Macdermid Inc Magic Chef .80 Malllnckrodt Ch ... Management Assist McQuav Inc .50 Medtronic Minneapolis Gas 2.05 Missouri BeefPacker Missouri Resrch MohawkRubber 1.20b Moore Prod .21 NarragansettCap .309 Natl Sec Resrch .70d Natl Semiconductor Nationwide Indust Nebraska Cons .40b Nielsen A .44 Nielson B .44 Nor Central Airl 9 tier TallPower 1.21 abst Brewing .15g 21 1/7 1 1 '.i 27',» 27i/ii— 34 69 671i 673.4—1V4 193/4 19V2 19V2— V4 126 122 126 +1 373/4 373,4 373/4+ 3/4 17V4 143/4 143/4—1 35 30 30 — 5'/2 8 73/4 73,4— >/4 271/2 271/2 271/2 ..... 43/4 4*fc 43/4+ i/« 703/4 70V4 701/4— V4 24V2 261/2 26'/2... 21>/2 21V4 21V2- 1 28 28 28 —I 47'/2 47 47 — Vi 51/2 5 5 — Va 28W 27 27 —2 34V2 33 33 .—1V2 333/4 31 33V3- ','4 22 21V3 21V3— '<3 5V. S'.'i 5V«— i/» 24 23'/3 24 — 1/4 9'/i 93. 93.4 ..... 24' HON Industries Hubinser Hyatt Corp Hydro Space Intercontinental Services Investors Equity International Funeral I. D. Pack Iowa Business Inv Co Iowa Surety Jacobson Mfg Kavot Kampgrounds of Amer Lee Enterprises Life Inv Conv Pfd Life Invest Inc ' Marquette Corp , Missouri Beef Nodaway Pack < Oscar, Mayer Mid Continent Solders • Mid Iowa Lakes, Inc Mid State Enterprises Midwest Packaging Melster Brau • National By-Products Natl Data Processing National Motor Inn Natl Terminal Neb Con Mills Nissen Corp North Centr Airl (common) N'western States Portland Pamida Inc Park Investment Payless Cashway Organizers & Underwriters Raven Industries Industries Royal Exe Inns Spencer Pack Sperti Drugs Steak & Shake Steep Rock Iron AAines Texas Am Oil Titan Group United Bucklnq Universal Mfg Vernon Co Walston Aviation Western Holding U.S. Homes Yellow Transit „ Younkers Bros. Com Woodland Corp INSURANCE STOCKS Circle Key Life Preferred Risk Republic ,nv 14'x! 8'/ 2 ! , 53/4 ! Ji 11Vj || , . • 2'/4 Dec 25V? .27Vi 103i 11Vj l"fi 2'/4 23V, 291/7 23/4 3V, 3'/4 35 43/4 I'/a 2Vi 24V2 26 22'/4 18</4 27 153/4 ll'/i 22'/4 l'/4 39 163/4 4Vj 53/4 6'/4 113,'. 15 22''j 16 28Vj 2% 23/i 33 4'/4 l',4 2 23',/j 2521'/7 ™ 15'/4 10=/a 2)3.4 1'/4 3IW 153/4 33/4 5'/4 10 13 7'/2 41« 15 15'/4 17 7 22'/2 26'/4 4'/4 . 1l*i 2'/7 5Vj 5'/2 ,7 2V ' 9'/4 14 5V« 65n 123/4 93/4 21 14 61/4 5<i 10 23"J 24V7 2 ;l /4 Mai- May Jul-x Sep Dec Mar May Jul-x Sep Dec Mar May Jul-x Sep Dec Mar May (By the Associated Press) RANGE OF PRICES FOR THE WEEK Close Close Close H!6h Low July 25 July IB Yr. ago WHEAT 1.27-14 1.25V4 1.26 1.27VJ ... 1.30V2 1.243/4 1.25% 1.30 1.36 1.30 1.30'/« 1.353/4 1.40 1.34'/. 1.34'A 1.39 1.40 J <4 1.34*1 1.35 a .» 1.39'i Jul-x Auq Sep Nov Jan Mar May fit 18 , 16'/4 , , , 8V , i Jul-x "' &S Oct Dec Jan Mar 1.27V2 1.251/2 1.30'/J .64'/3 .61 = » .64 7 /> .67V4 .67 3 -» 1.1 2Va 1.15V2 1.19VJ 1.21 V2 1 .233/4 2.70 2.64", 2.47'/2 2.31 1 /. 2.43% 2.48</4 2.513/4 CORN 1.36'4 1.24V7 l.ll'.i 1.21 1.143/4 1.171/7 1.21''J 1.22'/4 1.24?* 1.25'/4 OATS .42'j .64V2 .591/4 .59 3 /« .62Vn .62'/4 .643/4 .651/4 ,64'/« .65'/4 RYE l.ll'.i 1 .ll'/i l.ll'/J 1.111/7 . l.ll</2 1.203/4 . 1.19 1.20'/. SOYBEANS 2.67 2.67 2.621/) 2.433/4 2.44% 2.45 2.333/4 2.34 2.38 2.31% 2.43</4 2.43</i 2.44% 2.47 1.293,'. 1.27V4 1.25V. 1 .301/2 1.33V. .61 1- .64V .67 .67 . 1.153.4 1.19V4 1.J13/4 1.23^/4 2.68 2.44V. 2.443/4 object because inflation and 47 speculation go hand in hand, whereas shrinking stock values turn shrink credit avail- an instrument because over a declining stock market can be counted on lo help deflate the buoyant business optimism which has generated excessive capital spending programs." The market was closed Monday to take part in the national holiday in honor of the Apollo moon landing, and investor enthusiasm generated by the historic space voyage helped it run up a small early advance j the following day. Short Rally But this enthusiasm onlyj buoyed the market for half an« hour, then it turned sharply j i:o71/I i lower. Analysts said softness in' some oil and oil-related issues ( reflected concern over a House! Ways and Means Committee! proposal to reduce the oil depletion allowance to 20 per cent from 27% per cent. Also cited as weighing on the market were concern over the We take pleasure in announcing that Donald Bethel Des Moines Gary Epperly Des Moines Bill Knight Des Moines Donald Mines Des Moines Larry Savillt Ames ... 1.21' « 1.34'/. 1.39?', 1.42% 1.09'.. . .63'.* .64! i .643/4 . 1.15 1.17V2 have become associated with our firm as Account Executives R. G. Dickinson & Co. 5/0 Grand Avenue • Des Moines, Iowa STOCKS • BONDS • MUTUAL FUNDS • COMMODITIES OTHER OFFICES: Amen • Atlantic • Carroll • fVdar K«ll« • ChiraRO • Clinlnn • lown City • Kenkuk Manhalltown • Sioux City • Spencer and in the i'latc Toweri in Merle Hay Plaza, Det Moinei. . 2.47'/. 2. 51 '/2 1 J 4 13 2 14 V ' 14 14" J -'i/i 'central Nat Bk'sY'fr dm — • • - ' Harris Trust Northern Trust 24 27 7'i 12>/< V/t 4 6 ,»"' 10</4 15 5V7 13V4 10V4 17" 7'/4 i? '/7 •24'/j 253/4 31/2 2'< 133/4 )Vn Bond Dividend Growth Preferred Income Nat Westrn Fd New England Newton Fund Noreast Inv Oceanogphc Omega Fund 100 Fund 101 'Wi.m S, _ r ,,.iheim Fd Penn Square Phlla Fund Pilot Fund Plna Street Pioneer Fund Price, TR Grth Puritan Fund Putnam Funds: Eqult George Growth Income invest Vista Voyage Rep Tech Rosenthal Schuster Scuddtr Funds: Intl Inv Special _, Balanced Sec Equity Selected Amer Selected Spec Sigma Capital Southwst Inv Sovereign Inv Statt Farm Glh State St Inv Setadman Funds Amer Ind , Fiduciary Science ^ Stein Roa Fds: Balance Cap OP Sup Inv Grth Sup Inv Sumt Sup, Shr«. (la.) Technical Fund Technivest Fnd Technology Temp Glh Can Tower MR Transamer Cap 20th Cent Inc United Funds: Accumulallv Income Science Unit FdCan Value Line Fd: Value Line Income Specl Sit Viking Growth Wall \\ Invest 10.24 4.12 7.50 18.45 10.30 18.36 2.70 10.65 11.10 7.45 10.44 5.50 4.46 5.07 7.02 5.56 8,59 4.03 9.86 14.53 14.35 8.44 8.12 14.59 9.93 15.40 7.43 8.18 14.49 7.52 10.75 13.22 23.59 10.32 10.10 13.91 10.91 8.21 6.97 10.62 8.74 4.99 8.30 15.00 15.11 34.34 14.74 3.64 9.70 15.15 10.50 9.11 14.20 5.30 48.25 '11.07 7.32 5.08 19.84 14.61 13.70 6.77 9.02 1.67 6.21 8.08 7.82 22.70 7.07 8.03 4.82 9.95 4.08 7.40 18.22 10.18 18.02 2.61 10.49 10.16 . Pac Gam Robin Panacolor Inc Z 4.39 1.88 6.97 5.42 8.40 5.99 9.71 14.20 16.24 8.30 8.01 14.26 9.80 1.09 14.49 7.31 10.67 12.96 23.26 10.22 9.93 13.72 10.85 1.20 4.90 10.35 1.52 4.90 1.15 14.95 18.22 - .43 loll! — .19 18.02 — .46 2.68 — .03 10.49 — .17 10.86 — .31. 7.53 — .30 10.27 - .24 5.47 - .04 4.39 - .11 8.81 — .32 6.97 — .09 5.42 - .13 1.40 — .29 5.99 + .02 9.71 - .21 14.20 - .66 16.24 — .13 1.30 - .24 8.01 — .22 14.26 — .44 9.80 - .14 15.14 — .56 732 - .29 8.09 - .21 14.49 — .38 7.31 - .30 10.67 — .17 12.96 — .37 23.26 - .57 10.22 - .2. 9.93 — .45 13.72 - .32 10.15 — .28 8.20 — .13 6.90 — .15 10.35 — .43 1.52 — .45 4.90 - .17 8.15 - .26 14.95 — .45 .40 Porter HK Inc 1.60 PubSvc NHamp 1.48 Pub Svc N Mex .90 PubSvc Nor Car .70 Reynolds&Reyn .60 Robbins&Myers, 1.20 Royal Inns Amer Russell Stover .80 Scott&Sons .50 ScrippsHowBdcst 1.40 Scripto Inc Sequoyah Industries^ Southern Bakeries Soulhn Calif Wat .94 SouthnConn Gas 2.24 Southn Industries 1 South NEna Tel 2.60 SouthnUnlonGas 1.22 Std Register 1 Tampax Inc 3 Trans Coast Invest Transcont Gas PL 1 Transcont Oil Unltec Indus! t Southeast Capital Southern Airways Warshow&Sfins, .70 Washgtn NatGas. .94 Wellington Mat Westgate Cam 1.40a wiscons"ln>w1lLM.32 wrnnebago si 4B'/2 46 48V2+2 7V4 7 7 - "4 17 15'/4 >5i/4— l a .J 3 1 1/2 30 30 —2 32 SOai 3QV4— 1'7 7V« 63/a VV«+ s a 19H 191/4 19V4— '-7 42 40SB 40 5 /a— !'/. 14'/2 14'/4 14'/4— '/4 12'/J 11 11 — 1'/2 6 S'i SVt— U 8.'/2 l'/4 l'/4— l/« 41 40 40 —2 20'/2 20V4 201-4 ..... J91/3 29 29 —1/2 2B'/2 25^8 253,j-33/a 25 24'/i 25 — '/« 13 121-4 12% —Vs 31 30'-] 31 + ',3 38 28 23 ..... 32 31 31 —2 271/4 271/4 27U.. .. 66 64 65 —2' 2 24V2 24 24 — 3 4 7H 7'/4 7'/4— V. 23V4 221-4 221/4 ..... 9'/2 914 91/2 ..... 9 l'/2 9 + >/2 5 34 41.1— 15'/2 IS'.i IS'i— 331/4 32'/2 33"4+ 151/3 15'/4 15U— .4 4H* 41 41 — ' j ; 29'/3 283,4 283/4— V: 27'/4 25V4 25V4—2'/4 ; 178 178 178 -I S'/i 5 5 — }. 18* 17'/8 17'.- 1/2 1/4 41-4 4''4— Vi 810V2 10V2 1012 ..... i 111/4 10'/2 11 1/4+ '/. 17*. 17% 171/3— i»' 25 221.3 22i,3-3'<3 ; 9 83.4 83,4— 1-4 32 3 A 3P,4 313,4— Hi 21H 21 1/4 21 '4— H I 19 21 SB'/2 60 109 111 May Jul-x Aug Sep Oct ' Dec Jan Mar May Aug Oct Dec Jan Feb Jul-x Sep Nov Jan Mar May 7.93 7.83 7.66 7.40 7.30 7.35 7.39 7.42 SOYBEAN OIL 7.83 7.83 7.92 7.68 7.78 7.81 7.46 7.65 7.62 7.21 7.33 7.37 7.13 7.24 7.28 7.19 7.30 7.33 7.24 7.35 7.35 7.28 7.39 7.38 SOYBEAN MEAL 77.00 76.40 76.40 76.80 77.25 74.75 74.15 74.95 72.00 ,72.50 74.00 41.80 48.80 71.00 47.00 47.00 49.05 47.10 47.35 49.30 48.90 49.00 70.75 70.45 70.50 72.10 74.25 71.10 49.20 49.35 70.40 72.20 2.46'/4 2.57 2.54!, 2.571/4 2.60Vi 2.62?'» 7.27 7.32 7.25 7.32 7.34 7.44 7.51. 82.35 79.05 CHOICE STEERS 30.05 28.72 29.00 30.05 28.42 27.10 27.50 21.47 28.25 26.95 27.35 28.25 27.35 27.30 27.35 28.10 28.02 27.10 27.35 21.15 ICED BROILERS 30.75 30.00 30.25 30.00 27.90 24.17 27.12 27.70 25.25 24.75 24.90 24.90 24.35 25.90 26.07 25.95 27.35 24.95 27.12 24.95 27.40 27.40 27.52 75.25- 27.40 26.47 26.30 26.27 26.15 . . . x— Contract expired July 22. Find Out Why V 4 , •ANKl TRUST 35.55 14.57 3.56 9.53 14.90 Bankamerica 2.20b "k o» New York Co •ocker Nat Corp . irst NB Bost 2.90 First Nt Bk Chic 2 First Pa Phlla 1.14 Franklin Nt Bk 1.40 Mellon. Pitt 2.20 .... 1.60 44ft 63'. 43U-2 94 90 90 —4 34 32'/a 32Vj—2 49'/a 44U 44'/.-3"2 53 50'/j 50'."j—2 3 '. 52 Sli'il jl'-'j— '* 34 35' 2 35'' 2 — ' i 54'/« 531/i 53V2— a.4 28" 28 58 38 36U 34>'4— 2 57 53' 3 S3 1 i—4'i 50V, 48''4 48 1 /.—2V. 9.53 - .38 14.90 — .35 40.00 48.00 —1.00 10.75 7.20 4.96 19.59 14.37 13.48 6.59 8.86 1.64 4.03 7.95 7.67 22.44 6.85 7.87 4.69 All Am Life Arn Fidel INSURANCE .20! Lite J9 05r Am Heritage Lf .20 Am Life Cos .05e 8 f Am N Ins Galy Am Rplnsur NV Am Reserve .40 10.75 — .SOiBMA Corp .35 7.20 - .19jCI!lze s Life NY 4.96 — .22 'Coastal wslate .25d Combined Ins .40b 19.59 — .50 [Conn Gen In .76 U37 -T .45 Cont Amer 1.20 13.48 — .45 Fidelity Corp 4.59 - .27 FidlDeposit 1.52 8.14 — .29 Franklin Life .40a " •• ' " -,en Reinsur 1.40 ovt Employes 1 14'/4 14 14 - '4 mk ifl'/t lo'.-i—i'-i 10'/i 10 10 — '.J 4'/4 4'< 4'/4 10 93/4 931— '.j 55'a 55';— Vj 34'. i 34'2—2 19 19 -- 'B 6' 6'!— 12 11 = 54 36 ' 7 IHi a*- 1 .*? W«sh N Wellington -. Whitehall. Fund Fnd Wl! ndwr Fund. 62'/4 61 61 — * 57'/4 55^4 57' 4+ '. 24 —1 13'/i— 3 55 —2 7.95 — .24 Govt Emp Lite .32 " Gulf Life Ins .25a Hanover Insur l lartford Fire 1.40 lome Security .40 825 24 13'/j 13 57 55 18'/4 17' 253 ?47 4934 47 41 40 Horace Mann .If* Insur Ga .44 Life Insur Ky .05g .lie Inv Inc .Jncoln Nat Lf Loyal Am Lite Manchester LJ.C t Monarch Cap .16g Ka'tcMe.™ HSr^rnVcas .15, Nor Am Lf Ins .20b Northw Nat Lf .50 Occidental Lf .10 Lift .30b 248 -12 47 —3 .. 40'-2— 1/7 25H 243/4 24V4— 3-4 25 24'-4 24'/4—1V4 40</4 394* 40'.4+ </4 19 19 19 371/2 37 37 — ' 3 17'/2 16'/2 16'/2—1'.2 9*1 9 9 — 3,j 16'A 16'/4 16'i 61 60'/4 6014 6 6 r 4,,^-j- 18 4 vJ 4 '* 4 "~ * Dow Theory Forecasts i 1 Is Now Recommending Cash Reserves For tlie first time in months, Dow Theory Forecasts h recommending cash reserves. To find out why, return ihe coupon below with $1 for a 30 day trial of our Service. At the same time, receive our *ug- I gested Sell-Hold recommendations on 168 issues taken X from our own lists of over 700 stocks. This is the same report supplied to regular client* following our inter- prcutiou of the Dow Theory bear signal of June 12. The Dow Theory is a method for ascertaining bull and bear market trends and while it does not directly encompass ihe selection of individual stocks nor does it forecast the duration of market trends, it does attempt to indicate when such trends are underway and we consider it in our selection ol' individual stocks. You will find out more about the Theory when you return the coupon below. (Offer open to new subscribers only.) Money-back guarantee. MAIL COUPON TODAY DOW THEORY FORECASTS, INC., Dtpt. DMR 7-27 P. O. Box 8309 Chicago, Illinois 60680 Please enter my 30 day trial subscription to Dow Theory Forecasts which explains why you are now recommending reserves. Also send me your suggested sell-hold recommendations on 168 stocks from your own lists. I enclose $1 in full payment which I under- j stand will be refunded if I am not satisfied. (Subscription cannot be assigned without your consent.) 6 '.'4 9 6"» 8'4 9'/»— 1 6'«- '•» 8' 4— '.« 7n— <-t ll'/i .. . . 40 37 "i 31 —2'.2 7*4 7'/2 7'/2— 19 32V2 32Vz— 2'/4 W'4 l|i/4- Vi ! ', Name • • Address ;; citv Stat{ ;- Zip This announcement is neither an offer to sell nor the solicilalion of an offer to buy any of these securities. The offering is made only by the Prospectus, and only to Iowa residents. 250,000 Shares Common Stock I'dr Value SI.00) HAWKEYE NATIONAL Life Insurance Company A new offering, for expansion purposes, in Hawkeye National Life Insurance Co., three-year old, wholly-owned subsidiary of Hawkeye National Investment Co., of Des Moines. Price $16.00 per share ISSUER/DEALER: Hawkeye National Life Insurance Company 202 Insurance Exchange Building Des Moines/ Iowa 50309 tor FACTUAL INFORMATION about STOCKS AND BONDS. PleaMsendme Standard and Poor's Monthly Summaries Nsme- AddMH. City- FIRST MID AMERICA INC. Member N.Y. Stock Exchange ond other principal stock A commodity exchanges DES MOINES ATLANTIC SIOUX CITY CEDAR RAPIDS MO Loout Street • S Etft 6th Street 5th and Nebraaka 212 First Avenue N.E. 2844920 243-5500 252-4524 366-6415 or 366-2481

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