Detroit Free Press from Detroit, Michigan • Page 29

1 y' DETROIT FREE PRESS Friday. Feb. 17. 135b 29 TJSINE ecf (Soys Labor Shouldn't Mix in Politics 5 TODAY IN BUSINESS Dividends Earnings 5" Teamsters Boss Lauds Eisenhower Business Briefs Standard Accident Insurance Cannon WORLD OF WHEELS Competition Is Global Campbell, Wyant Foundry for 1955: WW net income! quarterly of 45 cents a com Hupp Buys Gibson Co. mon share, constituting 293rd consecutive payments, payabla March 5 to record of Feb.

23. WJR, the Goodwill Station 10 cents a common share, payable March 7 to record of $1,736,910, or 55.43 a share, compared to $764,846, or $2.38 a share, in 1954. Sales $34,692,558 vs. $19,468,668. Standard Accident Insurance for 1955: net premium volume $58,939,509: underwriting earn- Consolidation of The Baring Press, and American ins Co.

to form a new company BY RY LEO DONOVAN free I'mi Automotive Wrlttjr KENNETH A. THOMPSON Free Press Financial Writer rv to be known as The kloot Press, In a $5,760,000 deal. Hupp Corp. has purchased controlling ings $791,238, or $1.61 a share; interest in Gibson Refrigerator of Greenville, it was' investment earnings $2,219,563. sine, was an- 1 2 Feb.

24. I-T-E Circuit Breaker 20 cents a common share, payable March 5 to record of Feb. 23. Abrasive and Metal Products-quarterly of 5 cents a common share, and 31 cents a share of preferred stock, payable March 10 to record of Feb. 29.

announced Thursday in confirmation of two-week-old reports of negotiations. John J. Ekblom. Eastern industrialist who or a snare; surplus as regards policyholders $33,018,574. an increase of $2,802,926 over Best of the existing: equip Free Press-Chiraie Trihnne Wire CHICAGO Dave Beck, president of the powerful International Brotherhood of Teamsters, said Thursday organized labor should stay out of politics.

The view is in sharp contrast to the stand taken by other top leaders, who have declared that laborjs in politics to stay. More than 2.000 executives applauded Beck as his remarks were carried via telephone from i Washington headquarters over a loudspeaker system to the How costly the competition is for automobile market was indicated Thursday in figures released by Henry Ford II, president of Ford Motor Co. Ford's affiliates in The Netherlands, Belgium, Denmark and Sweden are expanding and adding facilities under a new program that will cost $7,375,000, Ford said. This brings to more than half a billion dollars the amount invested in postwar plants, production facilities and tooling by Ford affiliates in Europe, he pointed out. It is in addition to $3,750,000,000 Ford has spent in postwar ment of the two firms will be kept and addi- 4.1 1 moved as chairman or riupp executive committee is 1954.

consolidated assets ago, and Charles J. Gibson, joined in the disclosure. 883,226, up $4,611,479. Hupp, survivor of the former auto manufacturing firm (see; Xatlona, Automotive Fibres below) and engaged in diversifying acquisitions in the 1955: consolidated net profit several years, bought 360.000 of the 600,000 shares of Gibson' $2,164,062, for $1.97 share. iuonai color- presses will be added.

The new Kaumeier firm is alreartv Refrigerator from the Gibson family for $16 a share. Thel compared to net loss of $543,394 operation at its new plant in 'the Vanderkloot Bids-. fifiR 658 W. midwinter personnel conference Greenville firm, which had $36,000,000 in sales last year, also in 1954. Sales $83,482,551 vs.

$56,688,095. modernization, tooling and expansion programs in the United Dct. Exchange THURSDAY Sale Iii'e Hlrh Low Tint Wrieler 15 IS IS 600 Allen Elec i Equip. 4 2 4.1 4 Am. Tel.

Tel. 1S3 183 1M of the American Management produces food freezers, electric ranges, and commercial and States. Association. XT home air conditioners. Hupp last year moved into the appliance field with acquisition of Perfection Stove, of Cleveland.

Ekblom said the Gibson management would be retained. win include Edwin Harlow H. Curtice, president of General Motors SrtXnVmX faU reViSlted EurPe t0 SeC hW GM'S 205-mmion-dollar Kaumeier, executive vice' presi- expansion program abroad was progressing. The latter. figure 'dent; Edward Bernhardt, vice on'y the current program.

Houdaille Industries for 1955: net income $2,754,000, or $1.81 a share, compared to $1,909,000, or 97 cents a share, in 1954. Net sales $84,576,000 vs. $72,446,000. Three other AFL-C'IO international union presidents were interviewed over the loudspeaker system. 20O Avro Corn.

7.1 ltio Bi-ites Mfir. 216 218 olumbiaGaTi. Ifi 1 lOO 1 21 215 Davidson Bros I 2TO'I Detroit Edison 35 34 7 10(1 Tin Pav Deliver 34 7 34 7 281 General Motors 44 43 4 100 Roebel Frew 5 2 5 2 PS5 Howell Elecirie 4 4 4 3 -president and general manager University of Illinois has used one of the big electronic brains to find out how to operate a 320-acre farm for the best profit on corn and livestock, one of its farm economists told a farm conference Thursday. The significance of these investments by Ford and GM is that the business competition is global. Ford Motor Co.

of Rierbauer, vice president of manufacturing, and Forest Hed-iick, vice president of sales. 21 16 28 1 8 I 35 34 7 43 4 5 2 4 2 29 3 4 15 37 4 5 7 44 2 4 1 They were David J. McDonald, of the United Steelworkers of America; A. J. Hayes, of the International Association of Ma Ltd.

for 1955: net income 729,823, or $12.50 a share, com- 2S3 Kree 23 American industry produces about 70 per cent of all 100 Masco Screw Prod. 3 500 Mt Clemens Metal 4 105 Natl Auto Fibred 15 3 The New York Stock Exchange announced that Ford Pred to $14,243,319, or $8.59 ai l.j i- r. share, in 1954. Sales $346,143,702: chinists, and Maurice Hutchinson. the motor vehicles in the world, with most of the rest con- 130 "Vaiional Biscuit 3 4 15? 37 4 7 44 2 4 1 17 7 i 1 17 v.Virmrt i lininr 5rnr u'n pn on ivi a I i rinn iRt Square Co.

announced that niraxea in ingiana, Germany, ranee ana Italy. vs. $250,325,419 levari Motors Holden. with 13 r-lants in Australia, nominate the 01 carpenters. iranspnnarinn inursaay inea a wtw.vw aamde uil, 2350 PemnsularMtlProd.

9 27 8 "Republic Steel 44 2 100 Sherman Products 4 1 130 Sf-otten-Dillnn 17 7 120 'Sinclair Oil 57 4 lOO "SouthemPacRR 53 6 v.wv.wiiu 1 i v. ctai 1. rr a rrt 1 1 ir- 17 1 I against a former Interstate Commerce commissioner and six 57 4 57 4 at its new plant on Twelve market "Down, Under unions labor BECK SAID 53 I 6 63 Detroit Steel for 1955: net income $6,317,860, or $2.07 a share, compared to $862,528, or 29 cents a share, in 1954. Sales WHV Hi.rintir. tb- firct mor railroads, it accused the ex-commissioner, Hugn ul nou re in pmuu-s use which Ford companies are preparing to meet demand for, they are economic, not political, -l 111 noi-s- PL confuring wun menumiau, to swiici.

SO 4 5 6 14 3 14 13 Parmalee's business to John L. Keeshin, former trucking; $101,803,010 vs. $51,707,90 automobile, trucks and farm enuinment nntsirlo the United organizations. -Mile in Royal Oak. James Yaughan.

vice presi- dent, also announced that the new facil- ity will be managed by Robert L. Chandler, formerly of the 390 Siandard Oil of New Jersey wi 50 4 4 1 50 Superior Tool 5 6 5 6 837 "Toledo Edison 14 3 14 .3 125 T'dvliie Corp 14 14 900 Wayne Screw Prod. 11 13 Total Sales: 18.016 shares. wi-When issued. Tnlisted trading privileges.

gates Beck said President Eisen-; operator. Basis of the suit was the termination last Sept. i a MMM ir t- nt ii i i Of the latest Ford foreign expansion investment, $4,370,000 f10 15 fT oi rarma.ee ii-year-oia contract 10 transier passengers Fruphatif Trailer for 1955: net earnings $8,658,045. or $4.19 a share, compared to $4,510,238, or $2.68 a share, in 1954. Sales "-ana Daggage Deiween nicago eigni; ranroaa stations.

will be spent in The Netherlands to double production capacity headquarters sales staff. Meanwhile, in Cleveland, Gor- ancl Provlde additional office space and warehousing facilities. Patterson, recently named A new office building and warehouse in Denmark will president, announced that cost $1,625,000. Sweden's expansion program by Ford will ooo has been appropriated for be brought to two million dollars by an invetment of $200,000. new plants and other capital am-I It Ignores Oivncr and Aids Foes He said the President 'has made some mistakes," but tries to make decisions in the best interest of the Nation.

INVESTMENT 35,000 to 330.000 Ret ur 15o plus. Oar mw 7 family apartments. C. W. BABCOCK f341 Chalmers VE T-3500 LA 1-3551 Did you ever hear of a company-sponsored magazine that refuses to give the company a "break" and, moreover, carries provements to be completed in' Beck denied reports that the In Belgium, an investment of $1,180,000 will bring the total to $5,020,000.

two years, toicomrjetitors' advertising? That oddity publishing has its Teamsters, numbering up $234,611,908 vs. $15218,738. American Cvnnamid for 1955: Net profit S3S.713.H6h. or $4 07 a share, vs. $27,050,370.

or $2.95 a share, vear ago. American PiDe it Construction year ended Nov. 30: Net income $1,128,361. or $2.33 a share, vs. $1,017,306.

or $2.04 a share, vear ago. Continental Steel 12 months ended Dec. 31: net income S3.022.143. or $6.02 a share, vs. $1,993,337.

or $3.97 a share. year aeo. Cincinnati Gas ft Elertrie year ended Dec. ai; Net profit $14,032,143. or $6 02 tl 90 a share, vs.

$12,791,356. or $1.72 share, vear aso. Electrolnx for vear ended Dec. 31 Net income S2.87S.34S. or $2.34 a share, vs.

$2,838,998. or $2.30 a share, vear ago. R. F. Fnnsten Cn.

year ended Oct home right here in Detroit. It's Burroughs "Burroughs 1,500,000 members, was ready to Dull out of the AFL-CIO, but Clearing House, the largest banking magazine in the world. Of the total half-billion-dollar Ford expansion program abroad, 445 million dollars represents expansion in Canada, W. P. Dahlberg1, executive will direct a separate Ca STAINLESS STEEL HEADQUARTERS warned that if certain rights of the union were not respected England and Germany.

The English Ford expansion exceeds nadian. Inter ifiR million nllsre wrM.Vi V.rinya i(c trtfoi 4 the Teamsters "will not sit and national a -w-r-'-1 Sheet Strip dollars, postwar. Postwar investment in Canada amounts to take i1, Rounds Heiea Circle Plate Wira Any Qnentity From On pound to 0 1 at mill rte S(iia It is observing its 40th anniversary year with a February issue bearing 72 pages of paid advertising and 50 pages of editorial matter. Owned and operated only by Burroughs, the Clearing House staff ignores most of the releases sent to it by Burroughs' own public relations staff. Its circulation, 103,000, is certified by Business Publications Audit of Circulation and is greater than all competing banking magazines com Tractor Styling studio, it was announced Flats Tublrf HE ALSO stated that the re XI Net income $354 525.

or $1 25 a share, J321.714. or $1 11 a share, vear ago. 100 million dollars. Ford's expansion in England has boosted its production to 1,500 units a day compared with 960 a day two years ago. Wednesday cent merger of the parent organizations "proceeded too fast" and irtorge w.

Walker. Ford in uermany, ord total in- i a bined. Its readers bank officers, corporation treasurers and financial leaders are spread over the world. Motor Co. vice f-.

li Stainless Stsel Allsvs a4 Flidfto Wi ihsv ant lilt ta ttttsnsrs' Laratst Stainltnt Steel Stocks in Middle Witt OUR 51ST YEAR-MARK I HARRY JACOBSON CO. 7S48 St. Aohln at East Grand Blvd. Detroit 11, Mich. Phone 1-730B, 71 1-73U, 1-2147 General Steel Casting vear ended Dec 31: Net income $2 338.000 or $4 95 a share, vs.

$1,879,000. or $3 05 a share, year aco. General Candv Tear ended Dec 31 Net income $132,266. or $1.05 a share, vs. $176,909.

or $1 40 a share, vear ago. General Pnblir utilities vear ended Dec 31: Net income $26,253,436. or $2 71 a share, vs. $23,457,568. or $2.48 a share, vear aero.

Lone Star Gas year ended Dec. 31: Net income $12 682 675. or S2 14 a share, vs. $10,875,164. or $1.83 a share, year szn.

president and director of styling. Dahlberg -JryVo08 pay 08" t0Bm If a Burlington Hosiery Mills idea catches on, men's socks will become fancy with designs. Burlingtou has found a way to impress colorfast figures on socks-horses' heads, ducks, golfers, trout flies or what-have-jou. Joined Ford in Dahlberg that if they had been more cautious the merger would have gone over better. The business leaders were also given a detailed account of how the Teamsters expect to double their membership through an organizational drive.

Beck said the three million figure could be reached and indicated he was ready to take over members of other unions he said belong to the vestment in expansion will be brought to 90 million dollars since the war, giving it a production capacity of 106,000 units annually as compared with 56,000 before the present program was undertaken. In all, Ford will have spent 18 million dollars in postwar programs in Latin America, Marrhant Calculators year ended Dee. 31: Net income $1,558,554. or $2.75 a share, ts. $988,734.

or $1.75 a share, year ago. 1947 as a stylist in the Commercial Studio. A native of Muskegon. Dahlberg received his rachelor of fine arts degree in industrial design from Carnegie Institute of Technology. A once-familiar Detroit automotive landmark, the million- square-foot, four-story Huppmobile plant at Milwaukee and DOES YOUR OFFICE REQUIRE SPECIAL RULED FORMS? THEN CALL Wilson Paper Ruling Co.

Mt. Elliott, soon will be razed. Midland Steel Products, I purchaser of the structure in 1950, has decided to halt brake including a completely new plant in Brazil and modernization of facilities in Mexico. I Around the world, Ford now has facilities engaged pri- Hutchinson who spoke from manufacturing in the plant and move its machinery and W. C.

Xevvberg, president of the Dodge Division of Chrysler jmarily in the sale and assembly of cars, trucks and tractors ACCOIeTe Indianapolis', declared that equipment and 5UU employes to uwosso. ine nupp plant neither political party has the 'produced its famed cars from 1908 until the early '40s during labor vote "sewed up." ithe '20s it was among the top 10 leaders and in that span OfStCf iin Inland. Finland, Portugal, Italy, France, The Netherlands, Belgium, Sweden, Denmark, Egypt, Australia, New Zealand, MCTOtr OOrffFfOnVw AM CHI WW pointment of B. "Labor wiU not latch onto the! soId $600,000,000 worth of cars. Detroit Steel Corp.

shirttails of any political party Malaya, South Africa, Uruguay, Argentina, Chile, Brazil and Mexico. W. Bogan as Executive Engineer of the Dodge Division. reports that it doubled its sales last year and thereby multiplied net earnings 600 per cent the record thus far among 1955 annual reports. Ay Ctrmbinatmt of Ink Color MM HTMMTff coMtm aVNonr in 1956," Hutchinson declared.

"The Democrats have more people in favor of antilabor legislation than the Republicans." Both McDonald and Hayes, who spoke from Miami, called Production Slide Continues I km tW iOW RATH FAST DfWMr 41 CADILLAC SQ. eh FLOOR tt'O 1-9H0 tr. 8J Bogan has been with Dodge since 1933 when New York State Electric ft Gas ouarter nded Dec. 31: Net income $2,328,259. or 58 cents a share, vs.

$2,221,593. or 60 cents a share, year aeo. riymouth Rubber vear ended Nov. 26: Net income $462,905. or 51 cents a share, vs $422,335.

or 47 centa a share, year ao. Philco year ended Dec. 31: Net income $8,423,329. or $2.13 a share, vs. SH.

768 965. or $1.69 a share, year ago. Ritter Finance vear ended Dec. 31: Net income $19061. or 22 cents a share, vs.

129.498. or 14 cents a share, vear ago Ruberoid year ended Dec. 31 Nt Income $4,511,351. or S3 05 share. $4,628,746.

or $3.19 a share, year ago Seiberlinr Robber 13 rnonhs ended Dec 31: Net income SI 127.085 or $2 35 a share, vs. $215,789. or 2 cents a share, vear aeo. Signal OH Gas vear endd Dec 31 Net income 9 fio.poo. or $2 46 a share $9,313,280.

or $2.38 a share, year ago Cnited Carbon vear ended Dec 31 net income $5,560,201. or $4 "6 a share. $2,656,7 69. or $3.90 a share, year ago Waller Mould A Iron year ended Dec. 31: Net income $4 459.729 or $5 60 a share, vs.

$2,064,009. or $2 52 a share, vear ago. Westinghonse Air Brake vear ended Dc 31: Net income $12 357 959. or $2 98 a share-, vs. S7.

763. 546. or $1.88 a share, year ago. Menk ft Co. 12 month" ended Dec 31: net income $15 700.000.

or $140 a share, vs. $12,614,000. or $1.09 a share, year ago. Minneapolis-Honeywell Rernlator 12 months ended Dec. 31: net income or $2 98 a share, vs.

or $2.42 a share, year ago. Puget Sound Power ft Light var ended Dec. 31: net income $4,924,981. or $1.51 a share, vs. $4,461,331.

or $1.37 a share, vear aco. Sunbeam nine months ended Dec. 31: net income $7 841616 or $2 58 a share, vs. $4,832,201. or $1.59 a share, year ago.

Sun Chemical year ended Dec. 31: net income $2. 066 246. or $1.65 a Passenger car production this week will drop to 128.S45 he enrolled at; units. Automotive News reported Thursday.

February output1 the Chrysler In it i t-. i. cf? rrr -irk a. i tti i win lulsi huuul ooo.uuu units, or if per cent oenina eDruary, ifor tne benefit of the country. stitute as a stu-d engineer.

Bogan Johns-Manville Corporation DIVIDEND End of ihc Line ij.j, me traae paper saia. Buick new car registrations in 1955 totaled 738,317, an increase of 10.3 per cent over 1954, it was reported Thursday by Ivan L. Wiles, general manager of Buick. January Store Sales Up and Down Detroit stores apparently did somewhat better in sales in January than was expected, judging from a report of the Retail Merchants Association of Detroit. It reports that, according to "such percentage figures as are submitted by representative stores," department stores and men's wear stores had greater sales than a year' ago.

Department stores with area branches experienced an 8.3 per cent increase and men's stores with branches 2.7 per cent. Women's specialty stores, however, went 5.7 per cent behind. Downtown sales for all three groups were down from a year ago NEW YORK (JP) Two and a cross Diece were nulled is a graduate of, Purdue University. He served in supervisory positions at Chrysler Central Engineering before being named chief "tngineer at Dodge in 1950. Official registrations show Buick in third place in salesldown Thursday and with them departed the last trace in Man SI Th Beard of Direo tor declared dividend of per here on the Common Stock pejrable March 9, 195,, te holdere of record February 27, 195.

nationally by a margin of more than 90,000 cars, Wiles said. "Thi3 marks the second consecutive year that Buick has held the third-place position." Plymouth, in fourth place, registered sales of 647,989, Wiles' figures showed. Buick's total production, for domestic and foreign markets, was 781,296, Wiles said. 1 telecasti-g equipment "will have been installed in all hattan of the old Third Ave. elevated.

FLOUR MINNEAPOLIS (API Flour In 100 lb. cotton sack Thursday: Family natnta unchanged. 7 50: standard pal-enis cm hieher. 6.45. Shipments.

54.560. Standard bran unchanged. 40 50: standard middling nnchaiiKed. 41.00: Red IVar unchanged. 4 7.50.

television stations or Storer Broadcasting Co. by April, Mining Stocks San Francisco The Detroit Auto Dealers Association reported Thursday ROGER HACKNEY, rnsstw share, vs. $1,801,608. or $1.43 a share, vear ago. Lee B.

Wanes, executive vice that new car sales in the Detroit metropolitan area in January president announced a De-toUled 12 243 compared with 14 610 in January 1955. troit visit Thursday. -lecec -it i i The chain also operate seven iDecember sales totaled 15,865. Used cars sales in January radio stations. W.JBK 10,525 compared with 10,116 in January, 1955.

THURSDAY flnve Storks NON-FEKROl'S METAI.S Stork Acme NEW TORtC (API Snnt nun. 1 ferrnii Tnplal ric ThilrtHiv rnnnor Close .13 3 60 20 Operator raUranium 43-52 cents a round. Connecticut. Vallv. I Anei 1 Lead J6 cents a Bound, New Vork Zinc I Black Bar .58 1.

WJBK-TV are included. nJ Bed Hill isknn Corp. TonnpNnrStr Trail. Inc. Verdi Dividends cents a rtotinn.

r.at, Louis. lrcmi .11 Tin 00, cents a pound New York Gold MetaU .26 Foreirn 91 cents rer IroT Herf-ulet ounce. New Vork. NatTuneten .12 Toronto Stocks THURSDAY i2 Hnt ShoDDM Inn .15 Grain Pit CHICAGO tAPl March wheat sold a new hich since tradinr in that contract started in a cenerallv firm ffrain market on the Board of Trade Thursday. At one time March wheat, hit S2.1714 but.

it fell back rapidly toward the finish, clnainr at Mav wheat came within i cents of its seasonal peak before droppinc back. Oats, rve and soybeans sHo scored advances, soybeans hit new peak ince tradinsr siaried. But- corn was mixed. 1955 cron months rieclminr while 195f! crop months advanced. Wheat closed unchanffed to 1 cent higher.

March S2 corn lower to hisher. March 1.29',-'S.. oats hisher, March 62 rye li-l'. higher. March soybeans lower to 2' higher.

March S2.501; ajid lard 7 to 10 cents a hundred pounds higher, March Sll.rTO. Range of futures-Wheat Onen High Low Close March 2.16 2.17 2.16'i lll'a Mav 2.12,, 2 1 2 2.11 2.12 1 95 1.963, 1.95V. 1.96 September 1.97 1 .98 1 97 Sn 1 .98 'i December 2.01 2 .02 2.01V 2 .02 Corn-March 129i 1 29 1.29 'i 1 29 Vi May 1.33 i 1.33Vj 1.33 1.33. Julv 1.37 1.37 i 1.36 i 1.37V4 September 1.37 1.37 1.3fi'i 1.374 December 1.32 1.34 1.32 1.33 Oats LEADING STOCKS Issue Investment Companies Con. Halliwell T)u Van Tolomo Close SH9.135 $1125 668.095 20 564.600 .35 416.449 1 51 3S1.20O .25 297.700 J26.98 Heavy Eslriiried M7.75 Many Sit Stock J9.80 $3.88 J3.98 3 1 -5n 3-16 3 15 3-16 3 6 31- 5-53 2'28 3-1 James Cope, vice president In charge of public relations of Chrysler announced the promotion of William P.

Stem-pfen as manager of press information for the, corporation. Ktempieri, a native Detroiter, joined the company's press information staff in 1953r He Is 29 years old. 3-15 o-lP 3 12 3- 31 4- 2 4-2 3- 15 3 1 4- 2 3 lfi 3-15 3-12 3 5 3-10 3-9 3-29 3-14 Rid Intl Paoer I Md Nat BhftTPitt i Sew Britain Mach 0 Newberry. .1.1 Pub Sve Ltd Midwest Oil Packase Mach IMunav Ohio Mfr 0 iPortld 0 i A 4 0 I niversal Match 0 I Virginian Rwv Std Accident lm 1 Tnit Carbon Zcigrler Coke i Holunser Con Gold 'Sou Am Gold tP 0 "NEW YORK (API Thursday's bid and asked oncea on investment com Special Opportunity for ADV. AGENCY COPYWRITER Unusual circumstances have created an opportunity for a young man with proved ability to substantially improve his position AT ONCE.

To qualify you should have about four years" experience copywriting on national consumer and industrial accounts. Contact experience desirable, not essential. We are a medium-sized agency where you'll have lots of room to grow. This calls for immediate action! Box Free Press. Detroit 31.

Natllnvestra .50 .50 .3: 4 .35 .1 .50 .20 .30 5 .45 .50 .15 .15 17.59 Arton Coldstream Colomac Indian Lake Shawkey rrnwpat Grandinee pany securities were Asked NSecSer-Bal 1121 Do Bond 7.27 Do Divid'nd 4 91 Do Pref Stk 9 18 Do Income 6 36 Do Stock 8 40 Do Growth 5 77 NewEneldFd 20 13 NY Can Can 28.375 272.933 .135 .625 217.000- .46 rvnrsTRiAi.s ('lne Issne (lne S3.V875 ImnOil 7.00 Loblaw 56.50 31.38 Trans Mnt 48.50 37.875 Walkers 70.50 29 875 I'RAMCMS Asked 19.02 12 25 7 95 5 40 10 03 6 95 9 18 6 31 21 76 30.375 19.23 22.45 14.53 28 89 7.07 13.54 Isniie A bit Brazil nd Brew Dist Seas: Int Pine Asked 10 08 10.0O 14.57 9 54 12 23 9 71 11 9.1 3 25 7.10 11 61 15.53 4.64 9.58 14.69 16.54 16.18 2.72 10.75 9 87 18.83 11.90 Rlil Do Full An" 9.20 Do Gen Bd 9 13 Do lnd 13 31 Do Inst Bd 9.16 Do Merch 11.17 Dn Mining- 8 86 Do Petrol 10.89 Do RR Bd 2. PS-Do RR Eod 6 47 Do RR St 10 60 Do Steel 14.19 DoTob 4 22 DoUtil 8.74 Growthlndns 14 26 GuardianMu 16.05 Hudson Fd 14.97 IncomeFndFd 5.4 IncomeFdBos 9 84 Incorplncome 9.03 Incornlnvest 17.42 InstitBankF 10.88 InsIitFndFd 10 64 InstitGrwFri 10 60 InstitlncomFd 7 17 lnstitlnsnrF 13 72 FBI. TIL P.M. I Blk. W.

OF OAKLAND 17.00 1.57 6 34 4 31 9 12 1.66 15.12 6.41 26.51 4 34 5 125 13.18 24.87 17.0S 23.10 13.05 8.03 12.49 1H.16 5.85 26 08 16 80 30 .62 .63 .63 .64 .66 .62 .63 1 .64 .65 .62 .63 'i .63 .64 .66 .62 4 .63 .63 .64 .66. March May July September December Rve WttKt 0LDOT TMACCfl MaCHANTS ESTAHBHtD 1TM DIVIDEND NOTICE Lorado Nes Lab New Aleer New Athnn New Delhi Panel Radior Rejcsnar Rn-Atha 1 R5 3 30 .30 .80 1 01 1.86 1.55 1.03 Fund 17.62 ine St Fd 22 01 Pioneer Fd 13.37 Price.TRGrw 28 HO Purnan Fund 6 54 Putnam 12.52 Science Nuclear 10 39 ScuddcrCan 40.25 tScud 35.69 tDo Com St 21.94 SclectedAmSh 8 96 SharebldrsT li.47 Smith. EdBF 13 58 Snwest Inves 11 91 Bill Aberdeen Fd 143 Affiliated Fd 5.8 AmBusShrs 4 03 Am Mnt Fd 8 34 AssocFdTrust 1.51 AtomDeMut 13.86 Axe Houcht A 5. SO Do 24.39 AxeHoutrhStk 3.97 Blair Hold 4 625 BlueRideMn 12.13 BndlnvTrAm 2.14 Boston Fund 15.81 Broad St lny 21.37 BullockFund 11.90 Calif Fd 7.35 CanadaGeFd 11.55 Canadian Fd 17.71 Can Venture 5.34 CenturShrsT 84.12 Chemical Fd 15.54 Colonial Fd 19 91 Cnmwlilnvet 9 07 ComwItSiFri 11 36 ComnosiBiS 18.11 CompositeFd 15.44 foncordFd 14 93 onlnvpiTr 46 50 Crown WI-DTn 6 77 deVerhMiHF 59 98 Delaware Fd 10.74 1.76 10.25 3 35 .40 .80 1 40 1.22 IS 00 Alrom -B. B.

U. Chimn Con Den Con Disc Nichol De Course Dvno Glenn Gunnar Albermont Am Leduc Bailey 11 29 41 75 35 69 21.94 9 69 12.40 March 121; 1.23; 121i 1.23'i May 121V4 1.22 1 21 i 122'i July 1.17 1.18 1.17' 1.17V September 1.18 1.184 1.17S 1.18 11. HS 11.60 7 85 15.00 WESTERN OILS 645 Home 8475 Merrill 1 61 10 875 14.00 9 KR IntrRe.nnrce. 4 14 nqi uvereiKUinv i 2 501-i 2 48 hi 2 2.54 2.52 2.54 2.57 2 54 2 57 .2 42 .2.41 1 2 424 2.36 2.35 2.36 10.125 NewBrilDom 2 48 March 2.484 tf-May 2 53' l- 'h 2 54. 41 25 i Sepiember 2.41 'i 29 OO November 2.36 12.15 10.82', Slate Str Inv 38.75 3 00 NewGasExol 165 1 1 i Bntalt Can Der 3 Pac Pete 13 125 Old Gold Ol5Gol5 Km Palmer 1 88 Atlantic Del Rio Devon Leduc 1.76 20.51 "7 SS I 28.27 i 20.80 1 2 20 11 9" March 1160 11 RO 1155 1160 2-tOOlMav 12 00 12 05 11 97 12 05 8 64 12.32 12 37 1 2 30 12 37 1 Inited 1 51 coins 12 35 1 nvet Co Am 9 10 19 6S )nvetTrBot 9 90 tJohnslon 20 51 49 50 KevstCustBl 26.71 7.40, Do 2 25 92 60 59 To 3 19 07 11 8 I Do 4 11.18 10! Dn 1 19.45 9 99 i Do 2 11.

IS 18 80 Tin 1 16. 1 2.90 Ilo 8 2 1186 8 53 1 Do S3 12.: 2 S5 Do 4 9 09 Cigarettes OLD COLD King Srzr fillrr Kin is KfNT IMIASSY Kil Sht MUKAD HELMAI Smoking Tobaccos IIIOGS UNION IEADEK FIIENDS INDIA HOUSE Chewing Tobaccos tEECH-NUT lACPIPff HAVANA tLOSSOM Little Cigars BETWEEN THE ACTS Sent'her 12.70 12.70 12.65 12 70 Ocinher 12 77 Wheat ranee at other nrineinnl 56 41 fi 80 PO 2 34 DiversGrlSt 1 1 .04 DiversInveMF 9 12 DiversifdTE 16 6.1 Dividend 8hrs 2 61 Dreyfus Fd 7.85 51 09 F.att-HowStk 19.06 tStcinKS-f 2H.OO SierlinKlnFd 11.85 TelevElecFd 10.94 Tcmnlet Can 22.00 Texas Fd 7.91 I'iIAccumF 10 37 I'mt Cont. Fd 7 49 T'nii I nftmcFd InitScipticpF 10.08 rmtFdCao 11.66 Value Line 6 48 ValueLiIncom 05 Van StrmAT 12.03 Wall St Inv 6.89 Wash Mut Inv 8 18 WelhnetnnF 26.20 WhitehallFd 23 98 Wisconsin Fd 5.27 fcets: Hirh T.n- Clne Pr.Olse. Kansas C. 2.12'y 2.11'i 2.12' 2.12 0 0.1 12 20 1 7.H6 12.95 13.88 9 .92 1113 6.88 12.74 MacLeod Mad ten Maritime New North Pick Crow Pow Royn Preston Rarr'k Svlvanite Wrirht-Har Yak Bear 1 30 2 33 2.80 .115 1.40 .55 7.75 2.16 1.32 1 f0 2.10 Beat ie-Duq Bohio Broulan amn Cochenonr Kast Mai Giant Yak Gold Cresi Kerr Add Lake-Osu La Lux Shore 3S i Kcyst FdCan in.

29 11 27 8.19 I 0,50 I I 02 15 93 7 OS 6 fil 13 11 7 53 8 95 28.55 25 92 5.69 rim Kinct COPYWRITER Large corporation has excellent, opportunity in, its merchandising section for writer and "idea man" of "assistant copy chief" calibre. Must he ahle to help plan and create consumer advertising and sales promotional, program. Automotive experience desirable, but not Remuneration vvill be based upon experience and record of performance. Please state age and salary requirement and furnish resume of experience. All applications strictly confidential.

Steady salaried position. Maximum employe benefits. Box 1376 "Detroit Free Press hnickeiooi kF ri. JN Electron Inv 4 49 4 91 Eonilv Fund fi 96 7 21 Lexint Fd 11.66 247 5 7.625 .33 son 5.15 BITTFR prices- I sales 1o retailersl parchment wrapped Grade A A (93 sc0re. V.

lb. 68 69: rrarie A (92 lb. 654-6S. 1 lb. 66: erade (90 worel.

1 lb. 62-67. Market steady. Supplies ample to a improved fair demand. BASE METALS Anacon Lead 3.05 Geco Baryue 1.40 Hollinrer Bn'und 1.69 a.

Inspiration 18 00 23.50 1.35 18.75 orunsman .12120 Labrador Lake Duff 2.13 SCRAP STEEL PITTSBURGH $eran steel No. 1 heavy was Quoted Thursday at 49.00-50.00. FederaFdNE 10.93 1195 Fidelity Fnd 14.03 15.17 Finan Ind Fd 3 82 4.18 FirstBoftCn 53 0O 65.7.T FndersMutFd 7.18 7. SO FrankCusCoS 9.69 10.62 Do PI Ser 7.62 8.24 Fundam Inv 15.12 16.57 GasIndustFd 13.69 14.96 Gen Capital 72.48 77.94 Gen Invest Tr 7.34 7.98 GrouoSAuto 10.17 11.14 Do Aviat 11.03 12.08 Do Bide- 6.54 7.17 DoCapGrt 8 62 9.45 Do Chem 11.73 12 85 Do Com St, 11.68 12.79 Do Electron 7.34 8.05 Do Foods 6 11 6 70 Life Ins Inv 15.125 16 125 tLoomSavM 43.57 43.57 ManacFdAuto 4 92 5 42 Do Elec 2 67 2 95 Do Gen Ind 4.04 4 45 Do Metal 3.27 3 60 Do Paper 4.34 4.78 Do Petrol 3.08 3.40 DoSnllny 2.89 3 19 Do TransD 3.27 3.60 ManhatBndFd 8.21 9.00 MassInTrust 31.83 34.52 MasslnvGrow 9.46 10.23 Mass Life Fd 37.75 40.81 Mutual Invest 9.57 10.51 tMutualShrs 14.46 14.46 Mutual Trust 3.23 3.51 NationWSec 19.36 20 94 Dividend of $1.75 pr shot on lh Preferred Stock and on interim dividend of 30c per ihore en the outstanding Common Stock of t. Lorillard Company hove been declared payable April 2, 1956, to ttockholdert of record ot the close of business March 6, 1956.

Checks will be mailed. G. O. DAVIES, Treasurer New York, Tmbruary 15, Ouotationa furnished by National Association ot Securitiet Dealers. which states they do not necessarily reflect actual transactions or firm bids or offers but should Indicate approximate prices, and unless otherwise indicated, are as auoted by the sponsors or issuers.

tNet value. Multi-Minerl 1.30 Nic Rim 2.25 Sherntt 7.80 StDRock 16.00 tin Ab 7.60 Ventures 36.00 crunwiKM lJ.ini Cassiar 8.25 Chem Kesear 6.55 Coldstream 1.51 ConFenimore 1.60 Howey 4.20 Smelt 34.50 Frobish 4.40 PAINT SUPPLIES SAVANNAH. Ga (API Gum naval stores Thursday: Receipts. turpentine. 124; rosin none: shipments, turpentine.

58: rosin none; stock, turpentine, 1.469; 3.648. Total Sales; P. 754. 000 sharer 'USED TRUST SERVICES ZBiAK! CCUTTVf Trustee Under Pensions, Profit-Sharing and Other Employe Benefit Plan MAIN OFFICE PENOBSCOT BUILDING, GRISWOLD AT FORT BRANCH OFFICES Wast Seven Mile near Evergreen Eiqhf Mil Road east of Gratiot SreneJ Rivar near Telegraph Stephenson Highway near John Hazal Park West Nina Mila near Coolidga, Oalt Park East McNieholi at Daviien John R. at 12 Mile Road, Madison Hsighti custodian ot Securities and Other Property Divided Disbursing Agent vstea Under Corpotata Indentures Transfer Agent and Registrar Paying Agent for Bonds Escrow and Fiscal Agent Complete Banking Services Sovingi a4 Ckeekina Aeeeent 2 j.

tr a C. aV.