1
•GAZETTE PHONE FR 4-4141 SCHENECTADY GAZETTE^WEDNESDAY, JUNE 14, 1967 GAZETTE PHONE FR 4-4141 ge NEW YORK (UPI)-Pollowlng art I Sole* (hi;) HIah w Leil Cho let* on the American Stock ExchaWoe: L . . , .V. ..J? °" M I tin iftt* wr i Esq Inc .50 Esq RodiE Essex Ch 31c Els Hekln Evenj Arl$t FolrNb .Ka FalrmC 10d Folcort Sbd FomBC 309 FomRec .6) Fom Art TV FarmyP 1.60 Fargo Oils Fed Purchs FedResr .10 Federal Inc Feimont Oil Fields Plost' Filmwy .20* F i n d G~ri .40 First N Rlty FirsNpf ,15c FirstNR ws FL-mst .I5d FlscherP 5* Fishr G 1.20 Fishmn .40g FlaCop .06b FlyTlger .10 Ford Can 5 Fresnill I5e Friend Frst FrontAIrl 5k FurmnW-.M A berdP -07b 21 6 S* t 5 ' . - ' t ant Homl 1 Jtt JH JH+- Vi erne Prec »t__4V» 4 4 "+ \ i eroFlO .20 22 •'• Mi' STi-t- '.i i Execytone e/elet -50o x38-3JVi JR» 32'. + V4|Exqy!»lt§ F erooco Inc 212 IS 3 * UU 15H+ H ercSOlT 5k -11* UVi 11'. 11'.:+ "4 erovex 40 46 25'a 24V» 24'.— V, ileen Incrp 24 14*» 14»» U ' . ... 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JtSI 71". 27ft 27ft— ft II lift 10ft 19ft— ft ISO Uft Uft 17ft— ft JJ9 Hft "SJft »ft+ H 7 10ft 19 10 6 7H 7ft T f t - ft 100 7ft Sft 7 + ft 291 115 112 114— tl x?4 21ft ?7ft 27ft -ft 7M 14ft 34ft 34ft* ft 5 t r . 41 it - ft 9t 24ft 25ft 24ft + H 20 Jft 3ft 3ft - 64 4 Jft 41 ft 41 > v - ft ISO 21ft 21ft 2 U i - ft 9 29ft 29ft »ft— ft 13300 3Sft 37 31ft + Jft x14 20ft 20ft 20ft ... SI Uft Uft Uft- ft •4 231ft 72Sft tn -2ft 25 7"ft "7ft 7ft 4 ft !• l f ^ 17»i H ' i + ft 4 Uft lift lift ... Technico-.4 0 132 24V4 24ft 24ft+ ft Techaltrl In 251 21ft TOft 20ft+ ft Tel-A-SIgn I SO 2'i "2 2 ' i + V4 Telellx .40<J H 29ft 2»'.i" 28'i— '.: Tel Prompt 65 33Vr 31ft 32ft+ ft TeleMfrs .10 119 6ft Sft 6ft+ 'i Tenny Eng 4 4ft 4ft 4ft" ... Tensor Corp 5 6ft 5ft 6 Term Hd 5k 26 8 7ft 7ft— ft TxPLpf 4.54 150 80ft 80'i M'.i .".. Texstor Crp 77 9 S'i Sft + ft Textron wis 9 S4'i 53ft S4ft + 1ft Thomp Star 49 3ft 3ft 3ft— Vi Thorolr .40b 1 Sft Sft Sft— ft Thriftm 1.43 4 23ft 23 23ft+ ft ToddSh 1.80 6 37'i 36ft 37 — '.i TolEdpf 4ft llOO 72ft 72ft 72ft— Vi TonkaCp .60 10 33'i 32Vi 33 - + Vi Tool R&E 51 ~63 40Vi 39ft 39ft— ft TranLux .60 Xl2 24 3 i 24 24ft+ ft Tran WAwt 131 49ft 47 47 —2 Trnsair .10b -7 4'i 4'i 4 ' i — ft Trn Beacon 7 3ft 3'i 3'i— Vi TransCA .40 90 U f t 13 13'i+ ft Trans In Cp 100 Sft 4Ti 5 TranCT JOb 18 29ft 29 29 — Trnsogrm 50 U f t U ' i Hft+ ft Trl Pac .05d A 6_ 57. ST.—'i Trl Contwt 11 41 3 i 39ft 41ft+2'-i TroplcGas 1 5 U 3 i Uft 17ft+ ftJ, TrueTemp 1 4 35ft JSft 35ft + ft. Tubos A .41 1 4ft 4ft 4— V, Tubo$ B .48 2 4ft 4ft 4Vi . . . 21 Brand JO 193 10ft 9ft 10 + ft Staub Named GE2-Phase Unit Manager Fred \V. Staub. 9 \V1ll0w Lane, Scotia, has been appointed man- ager of.the two-phase processes program at the eneral Electric Research and Development Cen- ter. Dr. Paul H. Kydd, mana- ger of .the center's chemical processes branch, has announc- ed. ; The aim of the two-phase processes program is to ad- vance the understanding of two- phase heat transfer and fluid flow and to assist in the solution of current and future expected operating problems inthis arj?a. Two-phase phenomena taVe place in gas-liquid-solid trans port systems and include processes such as boiling, con- densation, and sublimation. Staub received his bachelor's and master's degrees in mechanical engineering from Rensselaer Polytechnic Insti- tute. While attending RPI.he worked with General Electric under the RPI cooperative pro- gram with industry. He joined GE in 1953 and has specialized in^studies of .heat transfer and two-phase flow. At the center Staub designed and constructed a two-phase heat transfer facility, a transpi- ration cooling facility, and a condensing heat transfer facili- ty. During the latter half of 1966 he was assigned to . the heat transfer group "of the CEA (French Atomic Energy Com- mission) Laboratories at Gre- noble, France, by the United States Atomic Energy Com- mission under the U.S.-Euratom joint research and development program. * The Daily Investor By WILLLiM JL DOYLE Ultronlc Syi Unexcell—5k Union Corp Un StkYds 1 UnAIrP .25b Un Asb .07b UnBoard .20 Un CansoOII Un Foods 5k Utd Imp In'v UnlndCp wt USCera .07b US FilterCp US Leas .20 US NatGas US Poly 101 US Rod .25b USRedc .40b- .34 11 10ft 11 + 3- 116 57ft 54 56Vi—lft 34 Uft lift 12ft+ ft 1 16ft Uft 16ft ... 61 22ft 22ft 22/i—ft 6 3 2115 3 + 11 2 6ft 6ft 6ft-... 56 315 3t3 3t4 — tl 5 S'.i Sft Sft+ Vi 71 Sft Sft Sft+.Vi 6ft 7 +'ft 23 3. 11 7 15 6ft 168 8 15 9ft 31 U 6ft + US RubRecl Univ Autom UnvCont .30 UnCntrol .20 — 481 6ft 7ft -Vt*- ft 9'i 9 ' i — ft 16ft Uft— 74 60'i 59ft 59ft + l f t .15 Uft Uft 14ft+ ft 12 S'i 5 5 — ft 268 Sft 4'i 5 + ft 3 Sft 5ft 5ft ... 9ft 9 9 Menandg Market .Locally Grown Product Wholesale prices as reported to the New York State Department of Agricul- ture) ond Morkets by Commission Houses. Fruits Rhubarb, dozen bnchs. 75-1.00 Vegetables Asparagus/ dozen bnchs -6.00 Lettuce, leaf, ft.bu. ...'. 1.75-2.00 Onions, B r **n, 100 bnchs 5.00-6.00 Radishes. 100 bnchs 5.00-6.50 Tomatoes, hot house, 10 lb. bask. 3JO Beet greens ft bu 1.25-1.50 Spinach, bv.—...'. 2T0O2.2J Flowers Geraniums, dor. 5.SO-7.O0 Marigolds, packs" 2.00-225 Pansles, box .45 Petunias, packs 2.25-2.50 Eggs La'rge, white 34ft-.33Vi Medium, white 27 -.30ft Small, white 19 -23ft Valley M 2k Vaispar .30b Valve C JOg Varo Incorp Verntron 5k Vlctoren . 3k Vlewlex Inc Vlkoalnc 51 ValrCoal .50 Vogt M Cp 1 VolMdse -20 VTR Inc UnvMar .60 13 U f t 16 16ft . . . UrlsBId wts 58 I V i 10ft llft+ ft UtahloS .60 - . 2 Uft Uft 14ft+ Vi V — * 62 38ft 37Vi 3JVi + l f t 3 6.6 6 . 11 37ft 36ft 36Vi— Vi 102 39ft 3S'.i 38ft— l'.i 711 31 27ft 30ft+2ft 159 Uft Uft UVi ... 195 16ft 15ft 16ft— ft 10 12ft 12 " 12 — ft 33 UVi -Uft 14ft+ ft 2 Uft 16'i U'i— ft 10 Idft 10 lOVi ... 1 2ft Tft 2ft+ ft w WabMag .20 147 27ft 26 27ft + ft Waitt Bond 11 1 1 1 .. Walth Precs 45 lift. 10ft 11ft+ ft WelmarY Co - 10 3 f t 5'i 5ft+ ft Wentworth 1 3Vi 3ft 3ft + ft Westote Pet 36 5ft 5 S'.i— Vi Westb Fash 28 4ft - 4ft 4ft + ft WsNuclr .20 39 25ft 25 25ft + ft WstStln .01b 5 t9 18 t8 ... Whlbrtr .60a 1 3 31ft 31 31ft+ ft Whippny .63 1 10ft lOVi lOVi ... WhCross .61 11 43ft 42ft 42ft— ft White Eagls 13 lft 1ft- lft+ ft Whtng 1.40g 10 23 27'.i 28 - ... Wichita Oil 4 -lft lft l f t . . . Wiebldt .10e 27 18 17ft 17ft ... Wllljiouse 51 I 20ft 20 20ft+ ft Williams Br 204 47ft 48ft 48ft+ Vi WIllMcW .60 1 Uft 19ft Uft— ft Wllshlre Oil 91 6ft Sft 5ft Wilson Bros 11 ISft Uft 15ft+ ft Wlnklmn-.40 3 7ft 7ft 7ft; WolvAl .40g 6 Uft UVi 12ft— Vi Wood C .64g 7 17ft U f t Uft— ft WoodN .Xb 19 Uft UVi Uft—Vi Woodall In 1 418 Uft Uft^- ft WorkWr JO _ 25 21 20ft 20ft + ft WorldCP 60 16 19ft U f t 19ft+ ft Wright Hrg 21 1t2 111 111 ... Wyle Labrt 98 2 « i U f t M ' i — ft Wyomsg .60 1 17ft U f t U f t . . . 173 93ft 90ft 93ft + ft Y — I 4ft 4ft 4ft ... -z- 11 2 t f t 28 28ft+ ft 92 65Vi 64U "65ft+ ft " 31 15ft 15 15ft+ H Xtra Inc YonkrR .15d ZflleCorp .80 Zapata OffS' ZeroMfg .10 All sales I nhundreds (00) omitted ex- cept for these designated it) which are traded In 10 share lots and carried In full. DIVIDENDS: (a) plus extra; (b) -declared or paid so for this year, no regular rate; (c) payment on accumu- lated dividends; (d) paid last year; (e) cash plus stock; (g) annual ro'e plus stock dividend; (h) capital distribution; (I) per cent in stock paid lost vcar: (k) per cent In stock; (x) ex-divldend. FRACTIONS: If) Indicates followiaa fig- ure Is fraction In 32nds; (|) Indicates following figure. Is fraction In 64tns; (••) Indicates following figure Is froctien In 12Sths; (s) Indicates following llgu'e Is fraction In 256ths; (t) Indicates following figure It fraction In Uths. POULTRY PRICES NEW YORK, IP) —(USDA)- Dressed poultry: New York, Philadelphia and Boston carlgt and trucklot turkey markets, U.S. grade A, ready - to cook, frozen; carlot activity very limited. Offerings of young hens in- creased in a few quarters. Over- all offerings adequate. Sales reported: fryer-roasters (4-8 lbs.) 33 cents; young torn whites (8-iaibs.) 31, (10-14 lbs.) 301//.. Offerings reported: young hens (8-16 lbs.) 33; young toms (14- 16 lbs.) Zm, (16-20 lbs.) 31i/ 2 , (20-22 lbs.) 32, (22-24 lbs.) 33, (24-26 lbs.) 34^, (26-28 lbs.) 35, (28-30 lbs.) 35y 2 , (30 lbs. and up) 36^-37; fryer-roasters (4-8 lbs.) 33-33V2; young torn whites (8-10 lbs.1-31, (10-14 lbs.) 30>/ 2 . Squabs and ducklings unchanged. STATE MARKET REPORT NEW YORK, (B-(NYSDA)- Country dressed calves: receipts moderate. Demand fair. Prices for vealers decline. Paying prices delivered St New York City, per lb.: few choice 54-56 cents, good 50-52, commercial 46-48, utility 70 lbs. and up 4246, culls 65 lbs. and under 35-47. Hothouse lambs: offerings light. Demand slo\v. Market dull. Per lb.: few fancy small 80, choice lightweight 60-70, medium 50-60, few heavy 45-50. You'll Sprout Wings on Trip Up Whitef ace Q. The wife and I are now 68 and are living on J310 a month, which includes $81 from a mutual fund withdraw- al plan. When I retired, at 65. I owned about 2,000 shares of that mutual fund. I was told that t in order to get the $81 check each month, some of my shares would have to be liquidated. 1 am getting worried, be- cause the number of shares is down" to 1,892 — worth $15,858. Would I be doing the right thing, if I sell all these shares now before the num- ber gets much lower? A. What in the world for? You seem to be worried for no good reason. Although you don't come right out and say so; you are evidently concerned that you might' outlive your invest- ment and that the checks would stop coming in. The way things are going you have mighty little to fret about. In three years only 108 of your shares have been "liquidated" another word for "redeem- ed" or "sold." Meanwhile, the share value of the mutual fund you named In your letter has 1 gone up. Even from the limited infor- mation you supply it is clear that the $15,858 present value of the 1,892 shares you now hold is . higher "than the value of 2,000 shares three, years ago. This is a good record, consider- ing the sharp drop in prices of stocks and mutual funds last year. In "a mutual fund withdrawal plan, the money for a monthly check comes first from = divi- dends paid on shares owned, then from any capital-gains dis- tributions made, then — if necessary from the automatic sale of some shares. It seems pretty clear that you are withdrawing at the an- nual rate of six percent. Since your mutual fund doesn't pay out six percent in dividends (none does) or even dividends plus capital gains, you have- to expect an almost steady liqui- dation of some shares. During 1966, when prices went down, the number of shares redeemed each month increased. Now that the market has re- covered a good part of last year's loss, fewer of your shares need to be redeemed to fill out the monthly checks. So, unless the value of that fund's shares goes into a deep dive and stays down, your risk is low. At 6 per cent you're with- drawing at' what is a sensible rate. Stretch out and enjoy your retirement. •Jfr # -?4> Q. I read a story to the ef- fect that brokerage commis- sion charges can be different on the price of the stock In- volved. I have the following commission schedule from a brokerage firm for round lots of stock. When the amount of money involved is under $100, the commission is as mutually agreed; from $100 to $399, it's 2 per cent plus $3;. $400 to $2,399, 1 per cent plus $7; $2,400 to $4,999, 0.5 per cent plus $19; $5,000 and above, 0.1 per cent plus $39. Calculating with this-sched- ule, I would pay the same commission if I invest $10,000 in any stock, whether it is priced at $10 or $100 a share. Right? A.. Wrong. Along with many other people you overlook the fact that the commission sched- ule is based on the amount of VAITeam AtPhileoV Panel Forum A team of consultants from Value Analysis Inc.- of Sche- nectady recently attended a panel forum on value improve- ment programs presented by. money in each round lot. On| Philc °- Ford S°9/* con s u ™* stock exchanges most stocks i electronics division at Fort are traded in round lots of ioo^ Sashin Ston. Pa. shares. You are charged a com-i * * * mission on each round lot. i VAI - providing contract ser- Let's sav you use that $10,000 | v ' ce s to the division in estab- to buv stock. If vou purchase lUshrnent of the value improve* 100 shares at S100 a share, voir ment programs, was represent- pay a commission of. $49 on that 1 ed by J. K. Fowlkes. presi- one round lot. 'dent. But, if you buy 1.000 shares-; The occasion was the second at $10 a share, you pay a com- mission of $17 on each.of the 10 round lots a total commis- sion charge of $170. See, commissions are higher on lower-priced stocks.- Q. I am a newcomer to the market. Will- -you send me a . list of stocks now selling for less than $5 a share that; in your opinion, will become high-flyers and grow in value? A. No. You're new and have lots of things to learn. Number one _ should be to ignore tips about all stocks especially the low-priced items. I don't send out lists or individual re- commendations. If I could come up with a list such as you ask for, I'd give up abusing the typewriter and retire. * -x- -X- (Mr. Doyle will answer only representative letters of general interest in his column. He can- not answer phone queries.) (Copyright. 1967. by United Feature Syndicate, Inc.) * ^ Golubs Attend Institute In Chicago William Golub, president-of Central Markets Inc., and Bern- ard Golub, president of Golub Corp., were among participants at the recent meeting of Super Market Institute members in Chicago. Pointed out at the meeting by Michael J. O'Connor, insti- tute executive director, was that a mass of efficient, scien- tific tools" has' been created to make, meat service to the con- sumer a matter of precise se- lection, cutting, and pricing. Under a new SMI meat sy- stem, a meat manager will now be able to precisely identify his raw material costs, costs of labor and other" factors so he can arrive at a pricing system based" on them. Central Markets was one of the originators of SMI. -annual suppliers open house. More than 120 employes in en- gineering, purchasing, planning and manufacturing participated in the- division's week-long traning seminars. i | "Keep This Vnder ?. Your Hood . . ." Ed Lavin You'll NEVER, NEV- ER, get so new a '67 Chevy for so little money. My Demon- strator : V.8, CHEVELLE MALI- BU STATION WAG- ON, with AUTO. TRANS., POWER STEERING, RADIO, etc. Reduced $ To 2940 .00 MOHAWK CHEVY L 740 State St. Schenectady The drive up the eight-mile Whiteface Mountain Road al- most equals the panoramic view from the summit, says the New York State Com- merce. Department. The hlgMVay. built in 1935 as a World War I memorial, begins at the Adirondack Vil- lage of Wilmington and climbs to Whiteface - Castle, which houses a small weather mu- seum, and a restaurant. From the parking lot, it is another 276 feet to the 4,867- foot summit of the fifth high- est peak in the Empire State. A path leads to the summit and it can also.be reached by elevator (15c). A 400-foot' tun- nel leads to an elevator which rises through the heart of the mountaiH-the height of a 23- story building. . COTTONSEED oiL ,. Roca , usp of 1,s isolate^Dosi- NEw-vo^K-iOPi.-3'eocNjs'e ect«e->- tion, the view of the Aniron- »H en futvm Twidoy d<»«s « F«'"'» ^ack forest extends from Uke i Champlain nearly to the St. C n«B L 3 * 1 " 01100 River. 134.3 On another shoulder of the "{i*, mountain is the chairlift of the II.UB Whiteface Mountain Ski Cen- u*«B: t cr> ope 0 f t ne longest in the j east. It is open for summer CHICAGO (upii-tiwtxkFururM^j visitors. adulLs. $1.50; children iivi CATTLE: | under 12, /.x\ The ski center ** is reached from Route 86, just MJ west of Wilmington. g* Weather permitting, the Whiteface Memorial Highway Iwl ' s otXM1 riaily * rom M av * * W through November 1. Adult ad- '!•; mission is $1.25; children un- COTTON FUTURES NEW YOR trod NO. nominal. Jul Oct Dec Mar May Jul Oct B-B!d. 1 closed unchonged Opin High 3J.05B .... ??n» .... 7}f.& .... JJ«3 .... 7) 09 .... 21S0B .... 20528 .... NEW YORK .(UPI)-C tract No Lew .... .... .... .... .... .... otton 1-closed urcr<V!:*<i lov.fr. Spot 14 71 norn Jul Oct War Dfc Woy jji Oct B-BH Optn High 26S3B .... 34?5B -. ».«B ;i« I7.MB .... 17.S0B .... 37 759 .... J410B .... C<3l. * Low .... ms .... . > * * .... .... uturM con- Spot 2* a Clou Chg. 2205B M.J0B.... J?«B .... J2MB .... 7?K9 ... J2.S0B.... J05JB .... future* cen- to 15 points Clou Chg. J«S0B.... 2* MB.'.. J* 439... 27-SOB.... 27.MB.... 75R-2J J«10B.... AMERICAN EXCHANGE SALES Approx 2 pm. stock to'ol ... 3.510,000 Approx 2 p.m. bond soles ... Sl,55O,0OO Approx linol stock total 5.130,000 Stock total year ago ?,277,3-i0 Approx final bond sales J2.530,000 Bond sates year ago J3I1,000 DOW-JONES STOCK AVERAGES By United Press International 33 tnd 20-RR 15-Ulil i5-Slks t«3 32 257.35 133-S3 322.14 U3.61 255.81 133.2L 321.85 11504 2S7.S] 133.12 322.45 835 05 257.50 132J3' 372.31 US 40 257.37 lJ2.es 322 35 8M.15 257.5! 132 76 322.51 +7.22 403? —0.32 +1.42 -»-0?2 '0.15 0 ?< J-0.44 11 o m . . Noon -. . . 1 p.m. .. 2 p.m. .. 3 p.m. .. Close Net chg. Pet. chg. .—NWEW YORK BOND SALES Ar.pro» .ma' total •'... SI7,500.000 Previous day 16,100,000 Werv o-.o 1?.' ; .VO0 Month ego .15,330,000 Yeor ogo 10.''-.400 Joi 1 to date 1,623,8227300 17'« to dite 1.469,3:7/00 19*5 to date 1,237,030,800 NOW., .your money can earn a guaranteed per annum when you invest in M. SOLOMON DEBENTURES interest is paid four times a year hi3*»r to 6 PO n*s 'ff»er Soles 44 ron trrxh •< *9,000 lbs eoch. High Lew Jly ...13*0 1345 Sep 1}4« llii Oct OK Mor May B-ild Jon Aug Oct Dec a 30 H.40 28.10 21.15 Feb 2140 2140 28 17 2179 Frettfl port bouiev Jul r 10 41. 0 4^CJ 40C2 Aug 40 00 40 00 3113 3112 Feb 37.M J7M 37. 0 M7J MOT . 3712 17 30 14*2 3« 42 May 17 45 37 45 3* 35 U 25 ffi#V*&%*< NORMAN W KOX II! Business Major START YOUR MONEY EARNING 6'/ 2 % IMMEDIATELY BY INVESTING NOW IF YOU ALREADY OWN M. SOLOMON *% DEBENTURES, t'/j% INTEREST WILL AUTO- MATICALLY BE PAID. From port bellies July tw-oogS May nCS 12. 7oc. The maximum tell tt>« doiw Kmi:. NEW YORK STOCK SALES Appro* final totol 11.573.00"- Prtvtoui day 10,230,000 Week- ooo- t.TXS/l .Month ego 10.791.950 Year oga .... ,.- 7.574.J37d Two years ego Fox Graduate Of North'pton Norman W. Fox. III. son ofj farr for a family in one car is $4.50. Adirondack attractions are listed in a fr/ecuidebook. "New YoYk vWanBiilands,'" •^r»7«o issued by the New York State ^ L'tJf'' '12'i«^< Department of Commerce. 112 | training major, and a member I::::.::::;:::.:::. Siw^S state* st., Albany, N.Y. 12207. ! of the tennis duo. Mr. and Mrs. Norman W. Foxi II of RFD 3, Schenectady.' graduated Friday from North- ampton Commercial College. Fox was a general business 6Va% interest per year paid quarterly; If In- terest Is left to. accumulate it compounds at 6Vi%. Buy M. Solomon Expansion Debentures as low as 100. Also available in denominations of $500 and $1,000. Debentures purchased by the 10th of any month draw interest from the first day of tha* month. Face value never changes. You must be a resi- dent of N.Y. State. M. Solomon debentures are redeemable at any time. M. SOLOMON FURS FASHIONS DOWNTOWN ALBANY. COLONIF. LMHAM, GLENS FALLS PITTSFIEID UOSE COMING! COME IN OR WRITE FOR OUR BROCHURE Thomas M. Tryniski 309 South 4th Street Fulton New York 13069 www.fultonhistory.com

ge The VAITeam GE2-Phase AtPhileoV Daily Investor 8/Schenectady NY...•GAZETTE PHONE FR 4-4141 SCHENECTADY GAZETTE^WEDNESDAY, JUNE 14, 1967 GAZETTE PHONE FR 4-4141 ge NEW YORK (UPI)-Pollowlng

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Page 1: ge The VAITeam GE2-Phase AtPhileoV Daily Investor 8/Schenectady NY...•GAZETTE PHONE FR 4-4141 SCHENECTADY GAZETTE^WEDNESDAY, JUNE 14, 1967 GAZETTE PHONE FR 4-4141 ge NEW YORK (UPI)-Pollowlng

•GAZETTE PHONE FR 4-4141 SCHENECTADY GAZETTE^WEDNESDAY, JUNE 14, 1967 GAZETTE PHONE FR 4-4141

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- 3 17Vi 17Vi 17ft . 9 28Vi 28ft 28ft— ft

33 33Vi 32ft 32 3 i+ ft 11 8Vi 7ft 8 f t + ft 30 13 l i f t "I2ft+ »i

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78 15ft "14ft 15ft+ .'.i 10 7Vi 6Vi 6Vi— V« 47 8ft 7ft r/t— ft X9 44'/i 44 44Vt— Vi

Sales (hds) High Low Last Chg. '

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1100 26 26 26 + ft 61 M5 114 115+ 11 32 « 5ft 5ft— ft

1 3 f t 3 ' i 3" 4 »1 41ft 40ft 4Wi— Vi

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Sale* (hds) High' Low Lost Chg.

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7 22 21ft 22 + ft 13 18ft 173i 173i . . . 11 3ft 3ft 3ft . . . 5 l f t - l f t l f t . -

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12300 43 41'ft 42 —IVi 17 19ft 18ft 18ft . . . 11 18 17 1734+ ft 9. 10ft 10ft 10ft+ Vi

28 17'i 16ft 17'4+ It 1 32ft : 32ft 32ft + ft

3 32ft 3Tft 31Vi— 3 32ft 3 U i 31ft— Vi

21 18 17ft 18 + Vi 7 10ft 10ft .10ft— ft 5 54 52ft 54 + l f t

73 15"* 15'i 15',i+ '.i X38 38ft 37ft 3S3 , i+lft 124 17ft 173i 17ft'+ ft 44 ,13ft 12ft 13Vi+ ft

116 19 18ft ISft— Vi 10 23ft ^3ft 23',i+ Vi

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100 9ft 9 9 13 10ft 10ft 10ft— ft 9S 8ft 8ft 8ft + ft

6 8ft 8ft Ift-t- Vi 149 26ft 25'/4 25'.i— ft 86 38ft 37ft 3 3 f t + l f t 33 6ft 5ft 5 V t - Vi 39 22f t -21 22ft + l f t 7—39ft-39Vi 3vYi— ft »—7f t 7 7ft . . .

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143 4 3ft 4 + ft 155 24 22ft 24 + l f t 196 41 3S'i 41 + 2 ' i 94 20ft 19ft 20ft + l f t 93 21ft 21ft 21ft+ ft •0 52 49ft SDft + t f t

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7 10 9:< 9ft . . . 301 7ft 7Vi 7ft . . .

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115 M f t 43ft 43VI+ ft 17 47ft 44 47V4+3H

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57 6ft 6ft 6 ' i — ft 14 5ft 5ft Sft— ft

179 19 U f t lBft + l ' i 15 S'.i 5ft 5ft + ft 30 12ft l i f t U f t . . . 25 15ft 15ft 15ft . . .

114 26ft TS'.i 26ft + H i 35 6 5ft 6 + Vi

1 Sft Sft 8 f t + Vi 22 32ft 313i 31Vi—Vi 24 31 30ft 30ft . . . 41 7ft 7 H 7f t . . . 6 lOVi 10 10 ' i+ ft

11-30 29ft 2 9 f t * ft 112 11 9ft 1 0 V i - ft

26 13ft 12Vi 13 . . . 41 5ft 5ft S f t+ Vi

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35 28ft 27ft 28 — Vi 17 21ft 21 21

I (At 6ft 6ft . . . 15 49ft 48ft 48ft— ft

1 7 7 7 . . . 16 6ft 6ft 6 f t + ft 16 12ft 12ft 12ft+ ft 9 25ft 25 2Sft+ Vi 1. 40ft 40ft 40ft— ft

40 6ft 6ft 6ft . . . 106- 4ft 4ft 4ft + Vi

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10 I f t I f t Sft . . . 15 39'i 38ft 39 + ft

111 35ft 32ft 34ft + 2ft 2 9ft 9 f t — r - i . 6 9ft 9V i 9ft . - .

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18 . l i f t 10ft 11ft+ ft 61 67ft 66 66 —lf t

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16 77ft 72 22ft+ 1 2 24 23 >123ft— ft

45 10ft 10'4 lOVi . . . 10 U f t 13 . 13 — ft 50 U ' i 47ft -47ft+ ft I I ?6ft 24 26'k— ft 1J »ft 9Vi r,%- Vi

150 I f t I f t S f t * ft 2J 42ft 41ft 42ft + ft 2 10ft 10ft 10'4* ft 5 2ft Jft 2 f t+ Vi

69 15ft 15ft U f t - ft 4 9ft 9ft 9ft . . .

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15 11 30ft 11H+ ft 9 Sft 5ft S f t - ft

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184 14ft 13H J4',i+ ft

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24 U f t U f t U f t — Vi 55 l i f t l i f t 11ft + ft 10 115 114 115+ 11

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204 97ft 90'. i 97ft+ 4 120 87ft 87 87ft+ 1VJ 110 124 124 124

7 17ft U f t 17ft + ft 3 Sft 5 5 — Vi

20 44ft 43ft 43ft + ' i 6 9ft 9ft 9ft + ft 6 29 28ft 29 + ft

24 21ft 20 i l f t + O f t 17 10ft W i 10ft + ft 45 15ft U 1 5 ' i + ft 17 10ft 10 10ft + ft 6 30ft 30 30 — ft

51 Sft 5 5 f t + Vi

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239 2113 2t9 7113+ tt 6 23ft 23ft 23ft + "4 2 9ft 9 9ft + Vi

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14 l i f t l i f t Hft— ft 130 Sft Sft Sft— ft X2S 62 62 62 + ft

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114 27ft 25ft 26 — ft 58 2ft • 2 ' i 2ft + Vi

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11 l i f t l i f t l i f t - ft 37 13ft 13" 13 - ft 15 7ft 7ft 7'4+ ft

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S33 311 3t1 311 + 17 25 23 21ft 23 +1'4 4 7ft 7ft 7H . . . 9 42 41ft 42 + '.'4 1 21ft 21ft 21'-•— Vi

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34 19 l i f t l l 34— ft 60 22' 1 22 77 — ft 31 Sft 5ft 5Vi— Vi 40 6ft Aft 6ft + ft

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69 27ft 26ft 26ft— ft 167 l f t l f t l f t— Vi 24 7f t 6ft 7 + ft 6 7ft 7 7 — ft 2 13ft 13ft U f t — ft

90 6ft 6 6 ' i . . 10 12ft 12ft 12ft— Vi

2 4 4 4 +11 16 10 9ft 9ft— ft 81 22 19 22 + 2 f t

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9 29ft 29ft » f t — ft 13300 3Sft 37 31ft + Jft

x14 20ft 20ft 20ft . . . SI Uft Uft U f t - ft •4 231ft 72Sft tn - 2 f t 25 7"ft "7ft 7ft 4 ft ! • l f ^ 17»i H ' i + ft 4 U f t l i f t l i f t . . .

Technico-.4 0 132 24V4 24ft 24ft+ ft Techaltrl In 251 21ft TOft 20ft+ ft Tel-A-SIgn I SO 2 ' i "2 2 ' i + V4 Telellx .40<J H 29ft 2»'.i" 28' i— '.: Tel Prompt 65 33Vr 31ft 32f t+ ft TeleMfrs .10 119 6ft Sft 6 f t + ' i Tenny Eng 4 4ft 4ft 4ft" . . . Tensor Corp 5 6ft 5ft 6 Term Hd 5k 26 8 7ft 7ft— ft TxPLpf 4.54 150 80ft 80' i M'.i .".. Texstor Crp 77 9 S' i Sft + ft Textron wis 9 S4'i 53ft S4ft + 1ft Thomp Star 49 3ft 3ft 3ft— Vi Thorolr .40b 1 Sft Sft Sft— ft Thriftm 1.43 4 23ft 23 23f t+ ft ToddSh 1.80 6 37' i 36ft 37 — '.i TolEdpf 4ft llOO 72ft 72ft 72ft— Vi TonkaCp .60 10 33' i 32Vi 33 - + Vi Tool R&E 51 ~ 6 3 40Vi 39ft 39ft— ft TranLux .60 Xl2 243i 24 24f t+ ft Tran W A w t 131 49ft 47 47 —2 Trnsair .10b -7 4 ' i 4 ' i 4 ' i — ft Trn Beacon 7 3ft 3 ' i 3 ' i — Vi TransCA .40 90 U f t 13 1 3 ' i + ft Trans In Cp 100 Sft 4Ti 5 TranCT JOb 18 29ft 29 29 — Trnsogrm 50 U f t U ' i H f t + ft Trl Pac .05d A 6 _ 57. S T . — ' i Trl Contwt 11 413 i 39ft 41ft+2'-i TroplcGas 1 5 U 3 i U f t 17ft+ ftJ, TrueTemp 1 4 35ft JSft 35ft + ft. Tubos A .41 1 4ft 4ft 4— V, Tubo$ B .48 2 4ft 4ft 4Vi . . . 21 Brand JO 193 10ft 9ft 10 + ft

Staub Named GE2-Phase Unit Manager

Fred \V. Staub. 9 \V1ll0w Lane, Scotia, has been appointed man­ager of.the two-phase processes program at the eneral Electric Research and Development Cen­ter. Dr. Paul H. Kydd, mana­ger of .the center's chemical processes branch, has announc­ed. ;

The aim of the two-phase processes program is to ad­vance the understanding of two-phase heat transfer and fluid flow and to assist in the solution of current and future expected operating problems inthis arj?a. Two-phase phenomena taVe place in gas-liquid-solid trans port systems and include processes such as boiling, con­densation, and sublimation.

Staub received his bachelor's and master's degrees in mechanical engineering from Rensselaer Polytechnic Insti­tute. While attending RPI.he worked with General Electric under the RPI cooperative pro­gram with industry. He joined GE in 1953 and has specialized in^studies of .heat transfer and two-phase flow.

At the center Staub designed and constructed a two-phase heat transfer facility, a transpi­ration cooling facility, and a condensing heat transfer facili­ty. During the latter half of 1966 he was assigned to . the heat transfer group "of the CEA (French Atomic Energy Com­mission) Laboratories at Gre­noble, France, by the United States Atomic Energy Com­mission under the U.S.-Euratom joint research and development program.

*

The Daily Investor

By

WILLLiM JL DOYLE

Ultronlc Syi Unexcell—5k Union Corp Un StkYds 1 UnAIrP .25b Un Asb .07b UnBoard .20 Un CansoOII Un Foods 5k Utd Imp In'v UnlndCp wt USCera .07b US FilterCp US Leas .20 US NatGas US Poly 101 US Rod .25b USRedc .40b-

. 3 4 11 10ft 11 + 3-116 57ft 54 56Vi—lft 34 U f t l i f t 12f t+ ft

1 16ft U f t 16ft . . . 61 22ft 22ft 2 2 / i — f t

6 3 2115 3 + 11 2 6ft 6ft 6 f t - . . .

56 315 3t3 3t4 — tl 5 S'.i Sft S f t + Vi

71 Sft Sft S f t+ .V i

6ft 7 +'ft 23 3 . 11 7 15 6ft

168 8 15 9ft 31 U

6ft +

US RubRecl Univ Autom UnvCont .30 UnCntrol .20 — 481

6ft 7ft -Vt*- ft 9 ' i 9 ' i — ft

16ft U f t — '« 74 60' i 59ft 59ft + l f t

.15 U f t U f t 14ft+ ft 12 S' i 5 5 — ft

268 Sft 4 ' i 5 + ft 3 Sft 5ft 5 f t . . .

9ft 9 9

Menandg Market .Locally Grown Product

Wholesale prices as reported to the New York State Department of Agricul­ture) ond Morkets by Commission Houses.

Fruits Rhubarb, dozen bnchs. 75-1.00

Vegetables Asparagus/ dozen bnchs -6.00 Lettuce, leaf, ft.bu. . . . ' . 1.75-2.00 Onions, B r**n, 100 bnchs 5.00-6.00 Radishes. 100 bnchs 5.00-6.50 Tomatoes, hot house, 10 lb. bask. 3JO Beet greens ft bu 1.25-1.50 Spinach, bv.—...'. 2T0O2.2J

Flowers Geraniums, dor. 5.SO-7.O0 Marigolds, packs" 2.00-225 Pansles, box .45 Petunias, packs 2.25-2.50

Eggs La'rge, white 34ft-.33Vi Medium, white 27 -.30ft Small, white 19 -23ft

Valley M 2k Vaispar .30b Valve C JOg Varo Incorp Verntron 5k Vlctoren . 3k Vlewlex Inc Vlkoalnc 51 ValrCoal .50 Vogt M Cp 1 VolMdse -20 VTR Inc

UnvMar .60 13 U f t 16 16ft . . . UrlsBId wts 58 I V i 10ft l l f t + ft UtahloS .60 - . 2 U f t U f t 14f t+ Vi

— V — * 62 38ft 37Vi 3JVi + l f t 3 6 . 6 6 .

11 37ft 36ft 36Vi— Vi 102 39ft 3S'.i 38ft— l'.i 711 31 27ft 30f t+2f t 159 U f t U f t UVi . . . 195 16ft 15ft 16ft— ft

10 12ft 12 " 12 — ft 33 UVi -Uft 14ft+ ft 2 Uft 16'i U'i— ft

10 Idft 10 lOVi . . . 1 2ft Tft 2 f t + ft

— w — WabMag .20 147 27ft 26 27ft + ft Waitt Bond 11 1 1 1 . . Walth Precs 45 l i f t . 10ft 11ft+ ft WelmarY Co - 10 3 f t 5 ' i 5 f t + ft Wentworth 1 3Vi 3ft 3ft + ft Westote Pet 36 5ft 5 S'.i— Vi Westb Fash • 28 4ft - 4ft 4ft + ft WsNuclr .20 39 25ft 25 25ft + ft WstStln .01b 5 t9 18 t8 . . . Whlbrtr .60a 1 3 31ft 31 31f t+ ft Whippny .63 1 10ft lOVi lOVi . . . WhCross .61 11 43ft 42ft 42ft— ft White Eagls 13 l f t 1ft- l f t + ft Whtng 1.40g 10 23 27'.i 28 - . . . Wichita Oil 4 - l f t l f t l f t . . . Wiebldt .10e 27 18 17ft 17ft . . . Wllljiouse 51 I 20ft 20 20f t+ ft Williams Br 204 47ft 48ft 48f t+ Vi WIllMcW .60 1 U f t 19ft U f t — ft Wllshlre Oil 91 6ft Sft 5ft Wilson Bros 11 ISft U f t 15f t+ ft Wlnklmn-.40 3 7ft 7ft 7ft; WolvAl .40g 6 U f t UVi 12ft— Vi Wood C .64g 7 17ft U f t U f t — ft WoodN .Xb 19 U f t UVi U f t — V i Woodall In 1 4 1 8 U f t U f t ^ - ft WorkWr JO _ 25 21 20ft 20ft + ft WorldCP 60 16 19ft U f t 19f t+ ft Wright Hrg 21 1t2 111 111 . . . Wyle Labrt 98 2 « i U f t M ' i — ft Wyomsg .60 1 17ft U f t U f t . . .

173 93ft 90ft 93ft + ft

— Y — I 4ft 4ft 4ft . . .

- z -11 2 t f t 28 28f t+ ft 92 65Vi 64U "65f t+ ft

" 31 15ft 15 15ft+ H

Xtra Inc

YonkrR .15d

ZflleCorp .80 Zapata OffS' ZeroMfg .10

All sales I nhundreds (00) omitted ex­cept for these designated it) which are traded In 10 share lots and carried In full. DIVIDENDS: (a) plus extra; (b) -declared or paid so for this year, no regular rate; (c) payment on accumu­lated dividends; (d) paid last year; (e) cash plus stock; (g) annual ro'e plus stock dividend; (h) capital distribution; (I) per cent in stock paid lost vcar: (k) per cent In stock; (x) ex-divldend. FRACTIONS: If) Indicates followiaa fig­ure Is fraction In 32nds; (|) Indicates following figure. Is fraction In 64tns; (••) Indicates following figure Is froctien In 12Sths; (s) Indicates following llgu'e Is fraction In 256ths; (t) Indicates following figure It fraction In Uths.

POULTRY PRICES NEW YORK, IP) —(USDA)-

Dressed poultry: New York, Philadelphia and Boston carlgt and trucklot turkey markets, U.S. grade A, ready - to • cook, frozen; carlot activity very limited.

Offerings of young hens in­creased in a few quarters. Over­all offerings adequate.

Sales reported: fryer-roasters (4-8 lbs.) 33 cents; young torn whites (8-iaibs.) 31, (10-14 lbs.) 301//..

Offerings reported: young hens (8-16 lbs.) 33; young toms (14-16 lbs.) Zm, (16-20 lbs.) 31i/2, (20-22 lbs.) 32, (22-24 lbs.) 33, (24-26 lbs.) 34^, (26-28 lbs.) 35, (28-30 lbs.) 35y2, (30 lbs. and up) 36^-37; fryer-roasters (4-8 lbs.) 33-33V2; young torn whites (8-10 lbs.1-31, (10-14 lbs.) 30>/2. Squabs and ducklings unchanged.

STATE MARKET REPORT NEW YORK, (B-(NYSDA)-

Country dressed calves: receipts moderate. Demand fair. Prices for vealers decline. Paying prices delivered St New York City, per lb.: few choice 54-56 cents, good 50-52, commercial 46-48, utility 70 lbs. and up 4246, culls 65 lbs. and under 35-47.

Hothouse lambs: offerings light. Demand slo\v. Market dull. Per lb.: few fancy small 80, choice lightweight 60-70, medium 50-60, few heavy 45-50.

You'll Sprout Wings on Trip Up Whitef ace

Q. The wife and I are now 68 and are living on J310 a month, which includes $81 from a mutual fund withdraw­al plan. When I retired, at 65. I owned about 2,000 shares of that mutual fund. I was told thatt in order to get the $81 check each month, some of my shares would have to be liquidated.

1 am getting worried, be­cause the number of shares is down" to 1,892 — worth $15,858. Would I be doing the right thing, if I sell all these shares now — before the num­ber gets much lower? A. What in the world for? You

seem to be worried for no good reason. Although you don't come right out and say so; you are evidently concerned that you might' outlive your invest­ment and that the checks would stop coming in.

The way things are going you have mighty little to fret about. In three years only 108 of your shares have been "liquidated" — another word for "redeem­ed" or "sold." Meanwhile, the share value of the mutual fund you named In your letter has1

gone up. Even from the limited infor­

mation you supply it is clear that the $15,858 present value of the 1,892 shares you now hold is . higher "than the value of 2,000 shares three, years ago. This is a good record, consider­ing the sharp drop in prices of stocks and mutual funds last year.

In "a mutual fund withdrawal plan, the money for a monthly check comes first from = divi­dends paid on shares owned, then from any capital-gains dis­tributions made, then — if necessary — from the automatic sale of some shares.

It seems pretty clear that you are withdrawing at the an­nual rate of six percent. Since your mutual fund doesn't pay out six percent in dividends (none does) or even dividends plus capital gains, you have- to expect an almost steady liqui­dation of some shares. During 1966, when prices went down, the number of shares redeemed each month increased.

Now that the market has re­covered a good part of last year's loss, fewer of your shares need to be redeemed to fill out the monthly checks. So, unless the value of that fund's shares goes into a deep dive and stays down, your risk is low. At 6 per cent you're with­drawing at' what is a sensible rate. Stretch out and enjoy your retirement.

•Jfr # -?4>

Q. I read a story to the ef­fect that brokerage commis­sion charges can be different on the price of the stock In­volved. I have the following commission schedule from a brokerage firm for round lots of stock.

When the amount of money involved is under $100, the commission is as mutually agreed; from $100 to $399, it's 2 per cent plus $3;. $400 to $2,399, 1 per cent plus $7; $2,400 to $4,999, 0.5 per cent plus $19; $5,000 and above, 0.1 per cent plus $39.

Calculating with this-sched­ule, I would pay the same commission if I invest $10,000 in any stock, whether it is priced at $10 or $100 a share. Right?

A.. Wrong. Along with many other people you overlook the fact that the commission sched­ule is based on the amount of

VAITeam AtPhileoV Panel Forum

A team of consultants from Value Analysis Inc.- of Sche­nectady recently attended a panel forum on value improve­ment programs presented by.

money in each round lot. O n | P h i l c ° - F o r d S°9/* c o n s u ™* stock exchanges most stocks i electronics division at Fort are traded in round lots of ioo^SashinSton. Pa. shares. You are charged a com-i * * * mission on each round lot. i VAI- providing contract ser-

Let's sav you use that $10,000 | v ' c e s to the division in estab-to buv stock. If vou purchase lUshrnent of the value improve* 100 shares at S100 a share, voir m e n t programs, was represent-pay a commission of. $49 on that1 ed by J. K. Fowlkes. presi-one round lot. 'dent.

But, if you buy 1.000 shares-; The occasion was the second at $10 a share, you pay a com­mission of $17 on each.of the 10 round lots — a total commis­sion charge of $170.

See, commissions are higher on lower-priced stocks.-

Q. I am a newcomer to the market. Will- -you send me a . list of stocks now selling for less than $5 a share that; in your opinion, will become

high-flyers and grow in value? A. No. You're new and have

lots of things to learn. Number one _ should be to ignore tips about all stocks — especially the low-priced items. I don't send out lists or individual re­commendations. If I could come up with a list such as you ask for, I'd give up abusing the typewriter and retire.

* -x- -X-(Mr. Doyle will answer only

representative letters of general interest in his column. He can­not answer phone queries.)

(Copyright. 1967. by United Feature Syndicate, Inc.)

* ^

Golubs Attend Institute In Chicago

William Golub, president-of Central Markets Inc., and Bern­ard Golub, president of Golub Corp., were among participants at the recent meeting of Super Market Institute members in Chicago.

Pointed out at the meeting by Michael J. O'Connor, insti­tute executive director, was that a mass of efficient, scien­tific tools" has' been created to make, meat service to the con­sumer a matter of precise se­lection, cutting, and pricing.

Under a new SMI meat sy­stem, a meat manager will now be able to precisely identify his raw material costs, costs of labor and other" factors so he can arrive at a pricing system based" on them.

Central Markets was one of the originators of SMI.

-annual suppliers open house. More than 120 employes in en­gineering, purchasing, planning and manufacturing participated in the- division's week-long traning seminars.

i | "Keep This Vnder ?. Your Hood . . ."

Ed Lavin

You'll NEVER, NEV­ER, get so new a '67 Chevy for so little money. My Demon­strator :

V.8, CHEVELLE MALI-BU STATION WAG­ON, w i t h A U T O . TRANS. , P O W E R STEERING, R A D I O , etc.

Reduced $

To 2940 .00

MOHAWK CHEVY

L740 State St. Schenectady

The drive up the eight-mile Whiteface Mountain Road al­most equals the panoramic view from the summit, says the New York State Com­merce. Department.

The hlgMVay. built in 1935 as a World War I memorial, begins at the Adirondack Vil­lage of Wilmington and climbs to Whiteface - Castle, which houses a small weather mu­seum, and a restaurant.

From the parking lot, it is another 276 feet to the 4,867-foot summit of the fifth high­est peak in the Empire State. A path leads to the summit and it can also.be reached by elevator (15c). A 400-foot' tun­nel leads to an elevator which rises through the heart of the mountaiH-the height of a 23-story building.

. COTTONSEED oiL ,. R o c a ,u s p of 1,s isolate^Dosi-NEw-vo^K-iOPi.-3'eocNjs'e ect«e->- tion, the view of the Aniron-

» H en futvm Twidoy d<»«s « F«'"'» ^ack forest extends from Uke i Champlain nearly to the St.

Cn«B L3*1"01100 River. 134.3 On another shoulder of the "{i*, mountain is the chairlift of the II.UB Whiteface Mountain Ski Cen-u*«B: tcr> ope 0f tn e longest in the

j east. It is open for summer CHICAGO (upii-tiwtxkFururM^j visitors. adulLs. $1.50; children

iivi CATTLE: | under 12, /.x\ The ski center ** is reached from Route 86, just MJ west of Wilmington. g* Weather permitting, the

Whiteface Memorial Highway Iwl 's otXM1 riaily *rom Mav* * W through November 1. Adult ad-'!•; mission is $1.25; children un-

COTTON FUTURES NEW YOR

trod NO. nominal.

Jul Oct Dec Mar May Jul Oct

B-B!d.

1 closed unchonged

Opin High 3J.05B . . . . ? ? n » . . . . 7}f.& . . . . J J « 3 . . . . 7) 09 . . . . 21S0B . . . . 20528 . . . .

NEW YORK .(UPI)-C tract No

Lew . . . .

. . . . . . . . . . . . . . . . . . . .

o t t o n 1-closed urcr<V!:*<i

lov.fr. Spot 14 71 norn

Jul Oct War Dfc Woy j j i Oct

B - B H

Optn High 26S3B . . . . 34?5B -. » .«B ; i « I7.MB . . . . 17.S0B . . . . 37 759 . . . . J410B . . . .

C<3l. * Low

. . . .

ms . . . . . > * * . . . . . . . .

uturM con-Spot 2* a

Clou Chg. 2205B M.J0B.... J ? « B . . . . J2MB. . . . 7?K9 . . . J2.S0B.... J05JB ....

future* cen­to 15 points

Clou Chg. J«S0B.... 2* M B . ' . . J* 4 3 9 . . . 27-SOB.... 27.MB.... J« 75R-2J J«10B....

AMERICAN EXCHANGE SALES Approx 2 p m . stock to'ol . . . 3.510,000 Approx 2 p.m. bond soles . . . Sl,55O,0OO Approx linol stock total 5.130,000 Stock total year ago ?,277,3-i0 Approx final bond sales J2.530,000 Bond sates year ago J3I1,000

DOW-JONES STOCK AVERAGES By United Press International

33 tnd 20-RR 15-Ulil i5-Slks t«3 32 257.35 133-S3 322.14 U3.61 255.81 133.2L 321.85 11504 2S7.S] 133.12 322.45 835 05 257.50 132J3' 372.31 US 40 257.37 lJ2.es 322 35 8M.15 257.5! 132 76 322.51 +7.22 403? —0.32 +1.42 -»-0?2 '0.15 — 0 ?< J-0.44

11 o m . . Noon -. . . 1 p.m. . . 2 p.m. . . 3 p.m. . . Close Net chg. Pet. chg.

. — N W E W YORK BOND SALES Ar.pro» .ma' total • ' . . . SI7,500.000 Previous day 16,100,000 Werv o-.o 1?.' ;.VO0 Month ego .15,330,000 Yeor ogo 10.''-.400 Jo i 1 to date 1,623,8227300 17'« to dite 1.469,3:7/00 19*5 to date 1,237,030,800

NOW., .your money

can earn a guaranteed

per annum

when you invest in

M. SOLOMON DEBENTURES interest is paid

four times

a year

hi3*»r to 6 PO n*s 'ff»er Soles 44 ron t r rxh •< *9,000 lbs eoch.

High Lew Jly . . . 1 3 * 0 1345 Sep 1}4« l l i i Oct OK Mor May

B - i l d

Jon Aug Oct Dec a 30 H.40 28.10 21.15 Feb 2140 2140 28 17 2179

Frettfl port bouiev Jul r 10 41. 0 4^CJ 40C2 Aug 40 00 40 00 3113 3112 Feb 37.M J7M 37. 0 M7J MOT . 3712 17 30 14*2 3« 42 May 17 45 37 45 3* 35 U 25

ffi#V*&%*<

NORMAN W KOX II! Business Major

START YOUR MONEY EARNING

6'/2% IMMEDIATELY BY INVESTING NOW

IF YOU ALREADY OWN M. SOLOMON * % DEBENTURES, t ' / j % INTEREST WILL AUTO­MATICALLY BE PAID.

From port bellies July tw-oogS May nCS 12. 7oc. The m a x i m u m tell tt>« doiw Kmi:.

NEW YORK STOCK SALES Appro* final totol 11.573.00"-Prtvtoui day 10,230,000 Week- o o o - t.TXS/l .Month ego 10.791.950 Year oga . . . . , . - 7.574.J37d Two years ego

Fox Graduate Of North'pton

Norman W. Fox. III. son ofj farr for a family in one car is $4.50. Adirondack attractions are

listed in a fr/ecuidebook. "New YoYk vWanBiilands,'"

• r»7«o issued by the New York State ^ L'tJf' ' '12'i«^< Department of Commerce. 112 | training major, and a member

I::::.::::;:::.:::. S iw^S state* st., Albany, N.Y. 12207. !of the tennis duo.

Mr. and Mrs. Norman W. Foxi II of RFD 3, Schenectady.' graduated Friday from North­ampton Commercial College.

Fox was a general business

• 6Va% interest per year paid quarterly; If In­terest Is left to. accumulate it compounds at 6Vi%.

• Buy M. Solomon Expansion Debentures as low as 100. Also available in denominations of $500 and $1,000.

• Debentures purchased by the 10th of any month draw interest from the first day of tha* month.

• Face value never changes. You must be a resi­dent of N.Y. State.

• M. Solomon debentures are redeemable at any time.

M. SOLOMON FURS FASHIONS

DOWNTOWN ALBANY. COLONIF. LMHAM, GLENS FALLS

PITTSFIEID UOSE COMING!

COME IN OR WRITE FOR OUR BROCHURE

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