Anaheim Bulletin from Anaheim, California • 25

Late Sales Trim Gain Layoffs Cause Problems or Mart 30 T4 5 1 Grain Prices all 100 Avon Aven Oddlot Market Polar 10 1S I4 lAJr? uidui iU'aiKHirei smaii ium ut coujubma under profit taking Russian production this year of Sears pdie Mtiiuinisif hi iuii tuicd tduic uiiuci piuiiunajuiigjxvuojiiu puuumuu uuu ards light Research Center tas "well as apparent selective small grains This could mean rn ITia rtr VTtftA (Train tvill TwMltfht frlTM Sperry ih 3V Ch Sperry Dow Dow 10H 8 60 OTC Insurance or Kd 15H Exxon Banks Trusts 1 M6 TT4 IMS 6H 10 ord 15 9H PttiU Hi so Gen 25 27H Cvn eli Vln Seaf Git Vln Wsr 13 22 13 SCa tstte 28 Baxter 18 161 3H 3 2H Govt Rolls In Dough Kpms 421 Sumlto 160 25 10 SAN DIEGO (AP) The Un NPitt 15 16 25 The UrCare Coke Her 30 UST NY TM4 Pap 15 Wt 3 1 10 38H A Merrill Lynch spokesman 90 ipatu lor WlLIl HKHrcy uuuuueuj I tling a dispute between the rom the bank under false rcp DI 1 1 Yields UiD Cfti'Ai Airrw Clrl 41 1 86W tmavaU resentations Kenn AAans 60 23 General Cigar 10 Mobil 90 10H teotal 25 Sfcylm A 5te IV 18 Loewe MiSttf Ha I1H 50 Slurrt a ir HomeStake Case 18 Cut 31 31 50 Moved a record MUTUAL UNDS Cfry Cap 7W 6599 fl05 nw TorlnCp 40 8 Vto (net charge) Ite 417 CCOMNM WEST COAST 722 QUOTATIONS Kamil in 1 NEW YORK CAP) Lincoln Naff: Sheron Horn Ba 852' J1 MY Mist MH 10W 989 1075 AM from NASD Price UH 13fo 2 16 up tnarkdown W4 MH Arrtcp 71 4W 125 1ft 742 arm Bu MrtoaftafGe J6 unds: A MW AmGuerIn KyCto Lt 4 558 610 and Ob 26H 1169 1 278 MidUff Lf Spectra 23 46? 13 Indep ft 435 NX Empire General 6to 4ft Mavs irwnd: JO MONEY RATES NOTRe SOnm Gt 100 NL MIG Prfon Sr NOT Lf Sunklst irst Grade 48 5 52 56s 604 ft 450 SW 4U Pwmatitb 1SU UH 4 3 16 Mgh 732 Ocean 1049 ft IV 30 110 day 12! Baw SAN RANCISCO (AP) (USDA) But 13 WW 701 by finance Start MM ft Safeco Evo Omaha: Electron Arrays 7 2W Group: Randal tadLWa Surrfit 5V 6'4 2 7 8U Zeriffi Na Ini smid in 4 95 NL Egg market 2 3'4 SLf In NCNB Cp 18U Cal Bank Debits CarMO SeurcoCapt nv 7 80 4 06 Apex SeMhttMQe AM 2U JIJ ZJ Bld Ask YW 1 13 I7h Bank deer GenTef 98 1 22 401 55! 559 1W MH Brood MX 11 JM 17 1 31 497 4 83 713 Union 2 10 7U 1337 NA 2234 NL UWd arm: 1333 NA 4 09 7N 2U 3W Marvert Irrf 343 437 TannoHc lac 3U 386 OoUBmi 733 7a 4Yl facom 44 401 326 I3H 12 Sfl UH 9301846 OTC Sec UnB Sac Paul Rvr 535 SJ3 3 68 402 14 2H 236 31 Air rMMtf Incom IH TrIM toMbst tm MW 1W 1H 73 Kemantor 40 AmaHkAeMna Ud UBEMRMt 34 7U TA AmRubPia 38 Mdd IS 74) VMGnMk JM 7W 34H industrial 336 Bond 252 12 13 Ana Mayfair WMMrScpf 3 134300 WuMr SW Open Hkp AB 1400300 ind Norton llm 1554 278 533 443 Corrp BayteMMkfe AjCprp wl Megma Energy 2W 7 AS 310 731 RotoreM MaHlackrdtA 3MAWW 4QU 804 Indu ends' Maxon tadwM Uh en Mater LS 1364108 1 1 20 25 John Kann Am Eglty American 905 6 70 70 30 35 4 5 16 3U 1025 1130 A01 191 85T OS' 21 Cu Cut MD MCD 8MH NW iy Moru Cp AteftSav or 454 ML8K 14530000 Admitted: None Removed: None 743 3547 Acuaftnef 40 Ak CatHbmto 8 El El Ch Ch IS 20 3B 35 30 35 50! 540 775 847 Energy atrfld 177! 1602 33 33 33 Mon AMd MONY MSB Mut Ben Xerox Xerox Xerox Mon Htmarit Honwl! Mpnal Grwtt Incom 1148 124143 BJ40MJ Unit Undead Vanuerd Gfwh 6000 Benin000 Heat 3000 GdrhR 20008 Nytr 10 14 10 21 UP 1251 per all the UH Stk 1360408 1345905 600300 71400 SumHorrcCal 40 VetNatPhoea 41 Ariionaink 40b Bank Amer 1 48 33WW 5H MH 14 ITU 7W 1W HW 27W IW 3H Exeodtve Ind amffianCorp Chendef Enter OrdaSeaK: 12 Mtaem A OtlzansUtB 148 3W 2W 3 Pac UnSvc TV 35 15 20 I 9G4 167 2W 13 W7 102V 107H 39U 3U Sperry Syntex tnrerM frffeTt JW IV low 3W 7U 6U IP Merrill Lynch Prepares Own Ittlltt TUOH 470 434 ATI 475 439 4M 481 443 4 89 48344? 494 434 154 221 cant 144 138 15V6 4M 13 IM ST ai I3W 4W CompcMr Macft Comet Stares 43 fW 13W IiNem CorpJO nv 2w nv TV 4M 13W Mut Mates AAalhers MI GW Mutual ot Weyer Veyerh Syntex Syntax und Incom S9 '2A308 20408 19408 537 3448 a'A 38V6 21? Colony KMchon Comp Automata Birtchor Carp Bishop Graphic MuoCMpStpa 44 90 100 70 80 31 31 Cotgaf Colat 7 47 NA 1843 W6 2W 1 TV oothffl GrpJSe orbeftarLv Nr rodHotywd 48r Prime of Cat J8 Catetocham CafWMSec 11V xvc Me Me Centry Sh Chau Inv Channing Kd Kd Kd 21 13 idel Purltn Salem Mut Trt NEA Mut Natl Ind Ppiar DOWN 119 QMrodyue tac Erie TadMoi Kzesge Xresge AGE Adm Gr HU In 35 40 SO U8en Ga Life tn MarcurySvXLn Nevada SvALn 11 4W ITAfc L5L I 13 G'f Gt Ok Dk UM SvC Variab Vice Cp in a nore efficient and cost ef fective manner Our studies are DIC and sovereign State Capi tal Inc a corporation once con trolled by financier Amholt Smith but now in The DIC assumed many of the assets of United States Na tional Bank which Smith con trolled before it was declared insolvent Under the agreement ap proved by Nielsen Sovereign State was left with stock and accounts receivable but the 1974 Ito! 34V? The company said the design ners of the logo are working on new exterior signs ederal Deposit Insuranc Corp now owns a bakery that turns out pastries for San Diego res taurants A tarpen Pharm Allyn Beeoa 45 AMto Cot Ducomrram EconomLab A Eldon Induvfrto A Mutl A Sped Bond Cap Grwth Incom Stock EDIE Spf Egret Vj WM Mu PhW Surety LN 45 UriCM Balan Bond Eq Grt Don Don Don Don bought sale Spl Inc Third 4E 37 37 37 Moman Moman Monsan Monaan PrwL A Pettab Lf in us Without that down the 14538408 11KU43 14404998 I434QJN 1341908 12397420 169488438 244X28X114 2406497480 Argo Petrol a AeeocftoOT 40 Ahea Metois 14 SnkamRtty ITto CanBanking )b aty Nafionai 1 irst Seat 110 ManufBkLA 40r Santa Monte 33 GAT Cot GftftnPk JBa CannonMUi 41a Captocb kwerj liquidation wheat Dstny Eqt inc Beth Reth Brun 18 II 4W 15 IM 4 23 7 66 86) NL Stock itMIt A orty End Gfh ounder Grwth Incom Mutal Sped ourq Pr und PfOv GWt Prv JI Putnem Cfv CauN 22H 21 22 A 2 130 NL 705 10 82 NL 727 Netweata LN NaHonwideLf 40 PwnLM Co PMe LN Mr SfPaul Co 42 5M 4 26 nv 2 3ft 21 OpBaa Incom Opp AM AIM mediates elimbed 12 32 and longs 16 32 to 20 32 Municipal bonds saw quieter trade and rose point on bal ance But Municipal Assistance Corp issues plagued by New York fiscal problems traded about unchanged today from life of bond lows reached on Thursday Vil 10 3 7W Oeta DtoJgHLab Data Technology Dahm Inc DeiteCNflnd 45 DeluxChk Pr 44 Signet Johmtn Keystone Apotle Grfh Ind Guard Hemllton HDA Grwth Incom Hart Pbw Ptatwer I und II Plan Inv kA Govte Keystone Knwtaen Krom tnc Upiofin UDionn Uprohn Upiohn 9 1118 9 23 9 25 10 2 17 7835 NL Group: Lxxxtm Sarto Caprt Mut Skyfin SlUfT uneven 147 1530 200 720 St ind Tx Gf Tx Gd 88Vk 45 In Pep in Pao John NEW YORK (AP) Money rat for Thursday could sotd value) 32 3T So Cal OTO HEW YORK (AH) It ROME (AP) Leyland In nocenti Spa the British owned Util 65 St 5000 Am lnl 55000 Am lni 3DQ00 Anl and $1113 million in the first half ended July 31 The company said the 'quar ter losses were equivalent to $411 a share compared with a loss of $106 million or 76 cents in the second quarter of 1974 New Logo NEW YORK (AP) Analysts said the early buy ing was encouraged by a con tinued downtrend in short term interest rates The profit taking began abruptly with an hour to go after news reports reached Wall Street that New state and city officials had agreed that the financially trou bled actual deficit was $33 billion elix Rohatyn finance chair man of New Municipal Assistance Corp called the fig ure and added that with the 'immediate cash raising problems is a good 1 more grain will fc bought from the United States Prices were bid up as much as 10 cents above the previous close then quickly fell back as profit taking set in But it was AM Cu vs Cv 1 POIOT Land LD EdieC 9C AmPW U3 3 2 tfeVegh Delaware Decal Otew Delta Dir Cap Dodg Co Drex Bur Dreyfu Dreyt EouH LBvg Advance Decline Unchanged Total Hsu New 1975 high New 1975 low WHAT 8TOOS NEW YORK (AP) of lb fen most active fho American Stock Ex 5 12 Cui tAiedln 48 Congres Co ComGenerai 48 Cnmcelr 140 I washing machine plant near Turin Jan 1 putting 2000 per sons out of work 775 8 47 1036 1133 Bos: 1007 1164 379 495 12981422 Pilgrim Gr: Plfo Ss 11 Plfo A Harvest Hedge Heritge Hot Man tsi Group: Grwtn Adm Ins 677 Advtsrs 334 739 71 633 71 727 NI 22 2T 134 13 Hockey Team Sold MIAMI BEACH Storer Broadcasting Co Thursday an nounced the same of the Boston Garden and of the Boston Bruins ofhe National Hockey League to Sportsystems Corpo ration the Jacobs Brothers Jeremy Max and Lawrence in dividually Closing is subject to approval by the board of direc tors of the companies and by the National Hockey League A A Don PtcCaasl Atod PcVEsf PacGOTNR 14 64) 1132 12 59 735 NL 31 31V AmNatlmur 48 BeneftelaiSM 40 CatWcsfLW Jta 881 962 9 11 NL X2 AS Ng )torta The Markst In Brief Kt hrk ItcP liciiKt Tlwiliy A 21 Ansrflta inc 4 AnfiuarBuKll 4B 3M A I KOTxta J8 ft ldtilfy Cp 47 19 MTUAfflMn irst Cofori 43 rrj cxcunw rnkllnLlf 44 GnRtaOT 40 Hanowkr I3h DS 15 R8rad WOTwEifirk J8 WhHfG 4t Gl Vtfj Haibtn HllWn Dtagnosllc Dal Dtvr EarthSci DominBMCW 48 RaaderHtTAfo 1 fodd Nttaareft Rytofi SE SVdoEl 48r StodaAMfoCon 1 NeabaryEn i 6fo 'wwjwi rnarm LMcoM ktortta Line Mort In Undal Ctatortoo Opfki Radfofion 5 iv jv 4 Investors Group IDS BO IOS Grt IDS nd! Mull PrO0 Pihmd 3 Price undit Grwtb Incom 'f 18488L 15445 15647 UXM 7749 79 7733 744J 7491 243n 8444 8A4I AY8BAM8 Approx final total Previous day Month ago Mi 4V 10 3 Late Corrections Yort Market Index inance 8644 30MK 4 1 1 8842 1J4 XtaadOTd nd Aetna Shr 4 Afuture AIIAm AM stale Alpha 7 7 TV Baxter John Hancock: Bond I8W l9' 14 15 6 2ft 244 und Inc Grp Comm 745 Impec 622 Ind Trd 64 Plfo 743 GE A 3 34 Inv Resh 5 18 147 9 15 A A 133 133 2 7 20 10IS 20 140 160 180 Carlsberg Directors LOS ANGELES (BW) Charles Young chancellor of the University of California at Los Angeles and former astro naut Col David Scott head of the National Aeronautics Snare Administration's Ed have been named new directors of Carlsberg Capital Corp for merly Capital Planning Re sources the company has an nounced 12 13 17 174 31 3Ti 9 38 387 Mi 1 i ins 50 TULSA The trial of 12 men in the $100 million Home Stake Production Co case has been moved to Tulsa from Los Angeles US District Court Judge Al bert Lee Stephens Jr granted a change of venue this week in Los Angeles because of the large number of Tulsans indict ed und: 106 4 27 7 i 1 tOf 14 Discount rat 4 ederal funds market rate 4Ui low 4( clove Dealer's commercial paper 6 6 Commercial paper ptocad comoanv 30 270 davs 6 7 Bankers ecceptance rates dealer In dications 30 59 days 604 days 7 6 90 119 days 7VW 120 17 days 7V 7'4 180 270 day 7 7 Certificate of deposit 30 59 day 64V 6049 days 6'4 6 90 119 day 6 6 ISO 179 days 6 7 180 360 days 44 Telerale money market Index 4559 down 28 from previous day an 1 4 4 7 4 Gold Declines $3 CHICAGO (AP fu another small loss in estimated tures came i AmN Gth 210 Anchor Group: Daily Grwtn tncme Resrv Speetr inv Wash Audax "LKan Utah Total volume Soacrl Dyn1ta ''4 108 101 Berk Cap ftanriitk Bost dn 8 38 Brwn 299 Calvin Bullock: Bulick Candn £HvW Naryv NY Vnt CG und CG Incm 2 i 2 IM' 73 Empr our ideiitv Group: Bond 7 91 Capif 7 98 Conttd 9 94 Coop Pd Comp Concord Cons tnv Constel Coni Mui NEW YORK (AP) Exchonpe nipn 8542 NEW Poor Modk Indus! Incomitd Va st Investors: Disco 43 Grwth 60 ten Hewter Hewtef 17V 17 11 12 15 at Howa 'Balan 77 Grwth 81 American Utah 4 Capttauuitanc 4 lrtLlnclnki 1 Boeing tMMng 1 rf't Clinton OH NASDAQ Corxrt'te 7804 19 There appeared to be very little support at any level as prices eased Earlier com mercial interests as well as lo cal professionals were buyers Public involvement was very imp Gth Inc Bost Industry INTGN Ini invst 14 99 1443 lnvr Gl' 4 7 Inv Guld unavaM inv Indic 1 70 NL Chicago Board Alcoa Alcoa Alcoa Alcoa 33408 4 28J80 17V AMB SALM Approx total stock eataa Stock sales yoar ogo Mani lAirf1 Co: reed 6 51 7J3 LOS ANGELES (AP) (SMN) Pro duc report: irm Southern District Haas 4G4to 1008 1100 Cantaloupes San Jooquln Valley 27 36a 500 700 Watsonville District 525 Imperial Improved Kentucky Wonder 18 22 cant Cai ifornl 325 400 Iceberg 24 Salinas 350 475 California Yellow Medium 550 NEW YORK (AP) Bond prices rallied for the third day in a row today continuing to draw encouragement from signs the ederal Reserve may move to ease long term interest rates Industrial bonds gained li to point in strong activity utili ties rose la and rails Ai' in the 1316 1 5 16 74 54' LOS ANGELES (AP) i AL fait and grain hay market about steady Carter arrival: 9 hay 1 2 Yft 111 The Dow Jones average of 30 industrials up about 10 points at its peak finished with a 547 gain at 83534 The Dow 3058 rise for the week and thus managed to finish up 283 for August? Ad vancing issues out numbered declines 1051 to 352 among the 1773 traded on the New York Stock Exchange Big Board volume increased to 1548 million shares from 1453 million Thursday On the American Stock Ex change the market value index clirr'ed 82 to 8664 Polaroid was the most active issue up at 35 in trad ing marked by a couple of me Idium sized blocks eta 16 GrapMdyn 4 Am ftrsazth incom 542 Prov Spec! VotM Chari Ch Gr und rt Cap Shrhld Spcl Chamlcl CNA Mgtmf Anc Knlc 5 33 Llby 378 AAan 2 99 1 Uhutf Colonial: Crwrt Eflufy und Grwth Incom Vanl Coiu Grth cwlth Cwtfh LOS ANGELES (AP) tok debit: wy LMf yer 82303261486 SAN RANCISCO (AP) Ing 8626200008 lnrBctan 1 trrTJv JO ft ft 14430X00 4598 1X4 I 814250800 34 advance 154 decline 1 2 TH tft 1 1 1 TH Marts At Glance NEW YORK (API Martn UM Mvncm 1U dKlIrw Kllv Klddw lH In the case of the British Leyland Ltd subsidiaryworkers' voted overwhelmingly partial layoffs during the com ing quarter in exchange for a commitment by the company to reexaminine its investment and marketing policies with a view to increasing sales of the mini model the Milan plant's main five stock traded cheng KUde Ca Polaroid MirnMM Nat Semten McDonald Citicorp US Steel liquidation on the Chicago Board of trade today falling from 4 to 10 cents a bushel Soybeans were down 10 cents wheat 8 cents corn and oats 4 cents Soybean meal was down $3 a ton and soybean oil noted that the weakest and 50 points Iced broilers were 4 those under greatest selling cent a pound lower in trade pressure were deferred 1978 that improved after a slow! contracts opening Gold futures were down $3 an ounce as buyers backed off in very slow trade There was a very active de mand on the opening in the ma jor grain pits It was strongly' thin i influenced by an Agriculture! Ram fell over wide sections Department report that showedlof the Middle West but it was I 'thought that it had: little in fluence on futures After the midway point soy beans were 34 to 10 cents a bushel tower September 563 wheat was 14 to 8 towel Sep tember 40514 corn was 4 to 614 tower September 304 and oats were 2la to 4 lower Sep tember 156 Long Whim Cllloml ISO 44M SquM IWIn Clltoml altrlct 400 450 TamtosC1itornl 600 650 5 CltaM LOS ANGELES (AP) (SMN) CHru prkn unchanged Sunklst rvporta rprsenttiv rra auction price by lz are steady and LOS ANGELES (AP) (SMN) price: Ex La AA 69 82 La I i Med AA 53 70 llv vplume price at egg type hem xjoo hd delivered at plant and at ranch too tew to guote Roevter 4700 at 35 cent mH RESNO (AP) (SMN) firm no price change E3NO (AP) (SMN) Poultry jwfcef offering light fight type heft Seeks Merger NEW YORK (AP) General Cigar Co which completed a cash tender offer last month for about shares of Helme Products common stick corporate market made an offer Wednesday to I Treasury bill jieWs continued merge the two companies to slide off 10 basis The plan would involve pay 1 points meats to Helme stockholders of I Short term government issues General Cigar subordinated deb lwere ahead 332 in price inter entures valued at aoout $J3 each for the approximately 11 million remaining outstanding Helme common shares i General Cigar said the value of the debentures was stantially to the $135 a share each cash tender offer for common stock which expired July 10 Gw1h Incom Sid Neuw New Wta Newton Nchi NoreeV Omup On WmS NEW YORK (AP) The foltowing quo tation Mjppfied by the Nettonei isoci etHjn of Securities Deeier Inc the prices at which these securities 3 15 ioh irx 24 25 13 13 Options Exchange Oct Jen Apr Close ke ltaAttatam 7U M6 LArnbwTTwn Ace HA ft ioi7 nJ 4 22 462 unds 660 72V 1811 4H nx TH VonMHT 8H MH TH Trend 1877 2031 tnenctai Prog: Dyn 391 NL T5A 14 i6 1 product 15 141 4 1 Toyota Changes Agency Toyota Motor Sales USA Inc announced it will appoint a new advertising agency Isao Makino president of the automobile importer said the company has begun the process of selecting an agency to suc ceed Clinton rank Inc The name of the new agency is expected to be announced in about 90 days he said 11JS 3J0 SLa taun 4 ft Melt'll mile jvi rt ww Indus tr 5 ts is 14 ut i4 ft A A 40 UtUitta 500 4tock BOW How York(AP) Dwv Jtan vrgfoota 9ACWK COAtf IMM VUKIL ClMlM nd not ehiing of firn ten most clvL Moat ctlv Syntax Exchang Indicators NEW YORK (AP) Nw York Stack Exchang Admlntans and rwrovli ffoc tiv Thursday August T8 175 HBW TSMOT HXX Admitted Non removed: Non day The paper said the plan have thunderous reper cussions for the securities in if implemented Stock exchange member firms now are Required to execute all its transactions on the floor of the exchange A key part of the plan is mination of a 12 cent share charge added on to ndH Int transantirinR nn floors of the New York And American Stock Exchanges About one third of all trades on the New York Stock Ex change' are' odd lots or under 100 shares in size Merrill Lynch plan materalize it is expected that scores of firms moved by 4 A 4 LUUl7wli'iV7 llcLCbOlllVO nUUlu I adopt similar programs not HpQrwootfTurf tft Monde Mof str 34 Immuno Idwic 5 uv)ini me IttUUuntai lrtSyBCta pCA Treasury Bills Thmuvtv WIIb ix 18 455 63566 NEW YORK (AP) 12 26 643635647 US Trwry BUI for Thursday MUO Stock BLC Grth Babson Boyrk BAyrx Beacn Becn Bergor Group: tamg 696 NEW YORK (AP) The levels of the week on the eie of market moved ahead the three day Labor Day week again today but gave up some end of its early gains in a late wave of profit taking Trading reached its busiest 21V 2T5 Im Great Atlantic Pacific DIV Tnursdy Ml nd 409 Grt 343 NEW YORK (AP) Merrill Lynch Pierce enner i Smith Inr is nrAnarintT tn saI iin its And in a runhing dispute with odd lot market which unions" another auto firm the could make it cheaper for the state owned Alfa Romeo Spa small investor to buy stock in said it could not be responsible lots of less than 100 shares the for the safety of workers who Street Journal" reported to arnved at the plant Monday claiming the right to work Alfa Romeo had already announced that its plants in Milan would remain closed next week to cut production in view ofx ailing sales 17 1A im Trmin Dte 1H TIME DC ft Pacific Exchange 130 100 300 100 500 100 1000 $bOTtay Cp 300 ShvDlr Mng 500 Sunctanc 200 Trie lndut MOO Un Can OG 500 W9ff pf 3M0 Zoecon Corp is I Co Inc announced Thursday onj for odj iots yut for all or 1t 19 is is I that it has changed the familiar the Journal said 1CU tA I NEW YORK (AP) Stau ctootag ric no nor tnungetock lrdd cfiAng: Syntax Corp MCUINf um RMrch Ctl Ryan Hom Austral Oil Sambo Rt Nat Patent Granite Mgt PanOcaan US ilter STOCKS NEW YORK Sal ctasing pric and not chang of Iha fifteen most on ny Stack Ex Lloyd's Profit $202 Million LONDON (AP) of London the international insur ance market that collects more $2 billion in premiums each year posted a record profit of almost $202 million in its last trading year The figures announced Thursday wrere for the 1972 un derwriting year left open until the end of 1974 for final pay ment of premiums and claims The outlook for the 1973 ac count year was described as and 1974 looks due to inflationary costs in meeting claims had its origins in a London coffee house founded by Edward Lloyd in 1689 Custom ers included shipowners cap tains and merchants who met to arrange insurance for car goes Today two thirds of business is from outside Britain and extends from shipping and aircraft insurance to automo bile and personal accident cov erage Credit Policy Blamed In Grant Losses WTj Quarterly sales also He said the retailer is Those steps the spokesman wvrxmg lowaru eumuiamig ausaiu nas neipea us enormous "hard lines in the fu ly in gaining vender confidence tore aiming instead at selling only merchandise like home furnishings apparel and everyday consumer items Grant said the large losses were in part due to large prife marfcAwms being offered on stow moving merchandise The tosses in the first half were epnvaJeid to $77 a share and compared with year ago tosses of $223 million or $165 a share irst half sales fell to $693 milium from $306 A million a xai uwu vxriiiu year ago Milan auto maker agreed with The Grant spokesmah said unions riday after government that earlier this montfr the 27 mediation to stagger layoffs of basks that have leaned the its 4500 workers during the fall retailer million in shoitjinstead of firing 1700 and longienn crecui naur However Singer Spa a sub agreed to sennit $300 million ofkMiarv nf that amount to be paid first to United States announced it cover money owed to manutac would close its refrigerator and nirers He added that the Man agree mex had been extended through July 1976 and provi sions regarding Grant net worth and working capital had been waved by the banks 1J 1JV1 YORK lr wx: High 87J7 3536 corporate logotype seen on its A Merrill Lynch spokesman signs since 1888 told the paper are active Instead of the red circle with exploring the options open to the white inside the Merrill Lynch to handle listed new svmbol features a red el lot orders for its customers I ipse with orange and yellow arcs extending from it The lettering has been mod ernized as well 15 15H government egency was given Webster Hotel Services Inc the pastry maker which Sover eign State controlled The agreement satisfied a The acauisition was aDDrovedr I nA DIC which a suit last year i fl a Tuesday by US District Court! I Rnnrtt (claimed stock wasi Judge Nielsen set monpv nht3inea XI IUKA (AP 1 UUVUXA vx am struggling with heavy to $3731 million from H36J losses for the past two years million last year reported today deficits of $575 The company said its safes million in the second quarter were pared by the sharp drop credit offered to its custom ers and by the closing of 65 un profitable stores A the cut backs in consumer credit ex tended by Grant knocks out our major appliance Chicago Options Motck VrcK syntax Inctex: Bonds CNICAOO Near limit with Otf Ltaftli SoytMOTW Limit' tow I nAw' JTts Plants In Italy 48 IVA 3Vb 7A 4 7 86 JH 3 5 34 Wta so' 1 WH: b' Wto 60 11 I 7P TO Mte Air is 5 79 Ate 28 IH 3 Ate 25 HI 3 Pr ij 46 Pnx 20 JT 7 MB je 7 polar IS 20 vV 40 Poir 41 i WX 11 4 8H 35 3 5 UPa 48 1 IVW ft 4H Sftte A 18 it A 15 215 te 3 83H A OT J9 I 1 30 MH 60 6H 4H 79 fti 4 Aftta 25 tt to 15 TH to 41 0 ft SH 4 3 45 1 3 3H 1 SO fte to 48 30 Ba 5 6 3P 35 1 3 ft ST IH ft 33 45 to 3T ir 9 Il 92 Tesoro 0 156 ISi 4H 7 yea in 33 fftu 06H Te In 30 26 to 8 10 86 i Tex In 88 17 to Oft 4 Tex 90 11 99 Tex 500 3H 6 9 5 Tex In 120 8 3 hEW YORK CART NCOT SL 4 6 3ta i ft tatatatog Ms Nrwsl Oto 35 7 ft SH 34H 3 nrsit OtaSM I3 2 3 3H 1 crs uxMa ty ftaimr Bk 5 1 3s ft NafitoRM tauci ftsnA Bn JV 1 'ULliilM 35 ft SH 4H 3OH Eubotx Me ftW N8 40 18M 2 3H 3BH nv NM 50 11 I 1ft Arns OTB RrW pf 80 8 98 1 teter Rw 7 1 3H 4 IftMtor Mfcas Rw Tex N3 1H S9 entataM 3 30 Rw W1N to 1 at auBEto gme Ma securiKies estate IS ft 'fam mb pmt 38 i jninta fatf? 5 38 3 1 getata OfoU tar 35 srwksta 35 ftT ftv SH XR KrM SM a mas mi yt 7 '6 TH taeib Sf Bm SO 9 eejtaS tswtoosu Susa Gr TH sr cr SS Bos Sussr Be UMK MS 80 a to 36H SottB te 25 3H SH a TMt 30 I TH ft 2TH 3bo T'xAm Bn 5 XS 9 1L1 a a UK 5 ja Ga cu 4 mk 18 tSH Cmw Ed 25 1 1 2 A $rr 7 rZZ AST WM 3 Cc9 TH 8cK 16 6e 80 ft ft 7 16 1 90 13 16 2H to 36 aw ftop 17 8yCM 84Uk Ift 25 2H 4 I a um i Sfc i 30 1H Jx tafc DOT ft 34 TR Be a T4fay 13 14 WV BK TS T4? vtt Bncp TH TjP a Ma! 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