Florence Morning News Newspaper Archives Sep 30 1970, Page 13

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Florence Morning News (Newspaper) - September 30, 1970, Florence, South Carolina4-i wednesday september 30, 19703howltrr Hurt titty new York Stock Exchange quotations act ind 2.40 a Millis .20 address 1.40 Admiral aelnsllfl.48 air red .60e alcanalul.20 119 126 allegl.uci2.40 Alleg pm 1.32 Allied cd 1.20 Ahie str 1.40 Allis Chal Rrt Alcoa 1.80 new York tuesday s a Lett new York. Stock Exchange prices sales n has High Low close chg 62 4714 651. 67 41 517 42 41u 42 84 15 i 14 1514 417 3331 32 33 35 8s. I 98 94 17 4 1 4 13 55 20 1931 20 4 239 19 i in 191 2 4 20 23s8 90 15 4 13s so k Sou 4 i. 211 12 8 1158 4 amhess.22r 222 3j3.1 383a 4 amairlin.80 1047 2h1 19 ii 413 abrands2.10 116 37j.1 3611 4 a amid is 1.20 91 30 4 am can 69 41 403a 3, Acry Sug 1.40 8 20i a 19 a 4 v a Cyan 1.25 307 3011 4 a Meipo 1.64 199 243. Iff Liam Enka la 49 30 301 s 4 i a Home .60 218 63 623.1 am Hosp .24 188 34v2 34 341 4 it ame Cix 1.40 80 35v2 3414 4 am motors 182 733 7 7 it analgas2.io 102 423 s is amphoto.12 997 113.1 a smelt 1.90 459 27 41 163 33 i 33 33 i 542 s3a 81 8 be 994 45 790 27 4 it 82 47 e59 2131 201 4 213. 4 2 192 89 27 4 v 7 16 a i 39 35 33 i 333.1 Armcost 1.60 53s to a 4 Armour 1.60 1 42 42 42 41 Armick .80 58 2731 27 it Ashly Oil 1.20 136 243.8 233s 23va 4 a 27 36 Viall Rich fld 2 507 52 533 8 41v. Atlas chem 1 67 24 24 Vij Atlas corp 108 2 avcocp.60e 215 135a i avnetln.20p 316 Avo Ned 1.10 239 60 213.8 2058 4 vib 38 2714 17vt 41 152 305a 31% 4 i 44 28 27142 110 12 1114 12 4 92 375 a 36 3714 96 275a 26% 2714 a 43 47 461 2 461 2 v 2 304 4li a 253 21j. 2111 81 653a 62 65 413 a Boeing co .40 185 17sa 17 a i Biscas .25b 282 49 4 97 Jyz i 108 s4 i 24 176 503 e 60 14 102 93s 14 181 1411 4 a 33 22 213s 175 831 9s8 41 42 202 4 is 601 10 4 1-1 74 40 3914 40 4 la 307 313s 344 12331 123? am std 1 am 2.60 amp inc .90 amp inc .58 Ampe corp anacondl.90 Anch Hock 1 a Corr is 1 Arch Din 1 babckw.50 bait be 1.82 beat ads 1 beckman.50 beechar.75b Bell How .60 Bendix 1.60 beef lip 1.60 Bengue Beth St 1.80 Block or .36 Borden 1.20 borgwarl.25 bristmyl.20 Brit pet .436 Bros we .10 buyer 1.20 Budd co .20 Bulova w.40 bunk Burl ind 1.40 burlnorl.77e burrghs.40 Cal final camprl.45a Camps 1.10 Ca Oplt 1.46 carriercp.60 832 34u carterw.40a 135 castleck.60b 52 caterer 1.20 celanesecp2 Cento ins .30 cent so 1.90 cerrol.60b Cert teed .80 Cessna bib Chi St .80a Ches Ohio 4 Chimil sep chipneut2 Chris cft.30p Chrysler .60 citfinl.60 citiessvc2.20 Clarke 1.40 cleveiiii2.16 coca col 1.44 cold pal 1.30 Collins .20p Coll nest 1.60 lbs 1.40b Colu Gas 1.68 com solv .40 combed 2.20 Comsat con Edis 1.80 nonfood 1.10 cons powr 2 contain .25p cont can 1.60 cont up 2 a 42 25 31 2311. I is3. 41 23s.s m 35v2 4 i 5714 41 42v 4 a 26 25 128 273.1 2714 47 2311 23 23 i 164 35-a 35 75 57 33 3512 55 42 68 18 17 45 2031 2014 4 3 207 16ia 16v4 a 3 19 19 19 92 48 461 2 48 41vs 146 1411 12 .2 135.b 4 3.1 20 323s 315.b 323.b. 268 811 712 814 4 a 868 2714 241-j it 21 391 2 39 39vs 4 Vij 90 45v2 a 24 32 49 it 124 7531 7511 39 403.8 191 17 a 161-i 17v2 4 15 363.1 345. 4 14 417 29s.b 31va 4 116 33va. 86 2214 225.8. 90 3211 81 45 a 165 23v4 23 is 42 36vb 353.1 h 39 Job i 4 a 103 33 3214 i 332 113j 10 11 4 i 113 413s 3914 41va 249 333-a 4 stocks in spotlight new York closing Price and net change of the fifteen most a Ive stocks rated on the by Stock Exchange. Telex corp .480.600 1914 4 3 a memo Rex 8334 Leasco Dat 14u 35 8 4p.1 i Scien s a 414 Pitney Bow 27 be lit take la i Panama is5. 4 31 pubs veg 23 Al Mem a Stairl 203a 415s Natoma Dow Jones averages new York Tocks open High Low close net 30 ind 753.83 766.09 749.66 760.88 4 1.91 torn 147.66 154.40 146.55 153.1444.93 5 Ute 109.34 10j.39 108.51 0.26 5 St 242.00 247.40 240.40 245.60 4 2.27 transactions in stocks used in averages 45.614003 47.1140.09 58.2440.30 46.0240.04 144.62-0.82 Stock averages Compi Leil by the associated press 30 15 15 60 ind. Rails util. Stocks net change to come tues. 275 s 2811 4 a a Cpl 1.28 63 4 14 1.20 42 1811 18 18 be Panasuk .60e 89 1331 133a 133i 4 14 Panama Wair 1549 13sa 4 3.4 panbepl.80 278 403s parkedav.60 244 24v2 243.b 4 Penn cent 738 733 8 433 Penn Dix .15r 42 los 4 Penney pc 1 291 4914 48 a 49 a Pelt 1.40 189 2031 203.1. Penn Zun .80 100 28 i Pepsico 1 115 47 47 4 3s perfect film 14 9 812 9 4 Pfizer .40 815 a phelpsd2.10 114 441 j 453.141v4 Phila i 1.44 248 2014 20 20 a Philip moral 528 40 39 2 40 4 is Phill pet 1.30 538 2914 281-2 4 14 pin Eybwl .48 1602 2714 26v2 27 vib Polaroid .32 665 753.4 72 741441 ortgei1.30 14 is i 18 18 pm ind 1.40 42 28 2711 2714 34 soctgmi.40 131 5212 i us sol 1.12 45 203.a 20 4 4 is veg 1.64 1281 23 23 4 ublklnd.311 159 71 6 .2 4 100 1673 1534 165a 4 i 21 27v2 26 s 2714 4 is 14 39v2 4 26 111 2 11v4 74 233.1 233 b 233 8 i 17 4 s 1438 362 2231 2414 41v2 252 2538 26 13 8 re Vari pueblolnt.28 pugs pm 1.76 Pullman 2.80 quester .50 Ralston .70 Ranco inc.92 Rayl Heon .40 Ria 1 Reading co a debates .25 294 3031 Eric sch .50 16 10 rep Btl 2.50 96 Revlon 110 6312 Reyn lnd2.40 123 4lia reynmetl.10 144 253.s oansell.23e 308 10 Shell or 1 37 37 sherwnwm2 70 39 39 41v 2 signal co 1.20 517 lift 4 v. Singerco2.40 40 70vz 4914 Smith of 2 19 44v2 45v2 4 i scar dec 1.2 411 2714 Vij x11s 2414 2614 i South co 1.20 173 22 21 Jive 4 i soungasl.40 99 s3 521 2 53 i 184 4 it 105 57 55v. 57 722 392 is i 29 Chi 21% 79 44 8 431i 44v. 41va 97 43v 2 it 97 814 914 41 373 44 v 101 471 2 47vz 3 65 a 67 a your Money s Worth Sou Pac 1.90 Southern by 3 spartans.45p Sperry .50e squared .80a Squibb b 1.50 stbrandsl.40 std Kollsman so Ileal 2.80 Stoil ind 2.30 soil no 2.70s 701 67 stdoiloh2.70 84 St packaging. 597 10 41v2 10 4 Sla Fulch 1.80 36 3314 33 4 Ster drug .75 92 36% v4 Stevens 2.40 32 33 3212 32v2 it St Deworth 1 32 54 53v2 53 a 4 v Sun Oil in 37 44 4514 451 2------ survyfd.55e 84 51. 5 5 Swift co .60 135 2514 243.4. Syst Rondonna 68 la a 12v. 4 Tampa Al .80 28 23 22v. 223.4 4 Tek Troix 162 34 3114 421i Seledyn 1.091 908 24v2 23 24 telex corp 4806 20v4 4 i tennecol.32 223 we 19vs 193s Texaco 1.60 613 32 311 2 texetrnl.40 92 35 a 351 2 is Texas us .60 414 173a 1614 1714 4 3.1 texaslnst.60 x176 7714 7514 7614 4 .1 texpld.45e 39 is 193. 411 2 text Ron .90 55 23 233. I Thiokoi-40 235 10 a 93.4 timesmir.50 19 35v. 35 35 Timken 1.80 24 2814 27v2 Todd she 1.20 18 22va 221. 22ve trans w air 377 14 15 trans mra .55 484 1512 143 1su h transition 84 43b 6v, 6n it Tricont 2.458 60 26v8 14 try inc 61 33va 4 then cent 780 1014 ill s 4 Ual inc 1 545 14vs 18 4 ump ind .72 16 uncarbide2 259 383.1 38 3814. In elec 1.28 110 1858 uni local 1.60 266 36 us p3c up 2 Union Acif 2 uniroyal.70 in italic 1.80 in brands unit up unit my 1.30 us Gypsy 3a 119 431 35 1 2 41v3 47 3714 4 is 4jj 18v 2 120 3714 36% 280 17vs 16v4 175 a 4 5. 18 9v2 13 233.i 233 b is 7 57v2 5711 57v4 4 u usindust.50 654 17 16 a us psych .64 590 31 31 4 us smelt in x51 275 s 2511 27 a 423.1 us steel 2.40 160 321 2 3p1 3214. Univopd.80 141 2731 1965 36va 3214 Upjohn 1.60 174 48 48 4 i Varia Nasso 560 1638 Vendo co .60 1 135a vaeipwl.12 152 2114 21 vib ivarlaml.20 138 655 a washwp1.36 25 1834 1834. Watn air Lin 124 14v. 4114 in Bane 1.30 170 34i 4 3334 34 uvnunionl.40 264 35v2 1.80 379 4 is Weye Rosr .80 244 533 5h s 533141 Lirl up 1.40 64 58 59 a 169 1714 41 Whitaker 1579 1114 4 3.winndix1.68 15 4 Wool with 1.20 83 33 4 is a 273 3134 3045 27va 24 5vi 11 2v4 3i 4 v 514 41 amex sales Stock sales year ago approx total Bond sales Bond sales year ago. Scot ind .60 Scott paper 1 sbclind2.20 258 38 115 36 333 325 2114 193 78 29? a 283 67 25 24 233 58 229 16 14i 54 16ra 115 27s.8 27v. 50 34vb 34 144 4911 473 277 68 s 78 45 i 4 i 24 i 25 is Vij 443 461 41 2812 28v2 1 2 31-31 27v Grain i 1.60 346 32v4 29 i 63 Ipa 63 33 a 38 185b 12 57 35 i 149 630 30 a 28 17 s 15 19 we is i Cudahy. Curtissr .60 Dan Ivr .25p Dart ind .30b Daycock 1.14 daytnpl1.60 Deere co 2 Del mntel.10 Delia air .50 a engr 1.10 detedisl.40 Del steel diam shall Dillon co .64 Disney .30b dlverslnd.36 232 dome min ,80 21 do chm 2.60 dress and 1.40 do kept 1.40 Dupont 3.75e due it 1.66 dynaam.20p air Lin Latonya 1.40 572 31 echlinmf.52 10 253.1 eg8.g .10 283 zip along 1 66 1611 Eltra up 1.20 Emer elec 1 essexlntl.20 Ethyl up .84 a vans .60b fairchc.50 fair Hill .15e Fansteel inc Fedders .40 filter of 1.40 Firestone 1.60 x147 .16 fstchrt2.29f Flint Ole 1 Fla pow 1.60 flapowlt2 fac up .85 Foo fair .90 Ford Mot 2.40 of rocks .80 4 29-la 4 3a 2258 4 5s 1314 i 16 i 11 31 3 a 32 4 vol a 11% is 11 1114 14 731 73.1 a 32 a 4 223-a 243a 4 q s 29 3 17 a 183 a 4 vib 13i 26 13 4 13 141 18 s 183 s 1 15 s 4 206 124 j 11811 122 41 1111 10 11 4 57 56 4 56ii 4 172 127 32 3l a 323s 4 67 21-3 213.8 4 107 118 4 82 21ja 21 304 15 65 251 860 16 455 66 19 126 58 1 33 27ia 62 21 30 38 s 643 255 113s 34 26? 33h 16v 41 64-18 16 31 _ a 4 a 18 41 16 16 3a 24 25 a 58v. 4 a 27 273, _ 20v 20j4. 3731 4 i 28 105 a 10j4 11 11 is 4 4 3, investing companies Cotton Chicago a soybean futures declined around v5 cents a Bushel on the Chicago j Board of Trade tuesday and 4 Corn and wheat closed More j than 1 cent lower. 4iia i Oats soybean Oil and meal of i also closed lower but iced Bro i oilers held Small gains. Trade v i Vas Active on the opening then i turned Dull and held to this level i until the final 30 minutes when Strong Selling pressure was exerted on the major commodities by a largely local professional 351-2 38 3511 36 145.b 16va 21 25 58 14 1631 when you Start shopping for one of the new record High priced 71 cars would t you find i a great help to know How Fai Down the Auto dealer could shave his initial asking Price to you and still make a profit you bet you would. For with this knowledge you could bargain intelligently on Price and thereby save a substantial sum possibly running into hundreds of dollars. You could comparison shop for Cash sales As separate from Trade in offers and know which dealer is cutting his Price the most. And since presumably you Don l want to put the dealer out of business you would know what is truly the dealer s lowest Price. Here therefore is a Money saving guide to Auto costs to the dealers themselves. Consumer reports the Independent con Sumer advisory Magazine which prepared it originally for the 1970 models has updated it for me to give you in time to use for the 1971s. 1 first look for the window sticker Price posted on a window of the new car and make sure that the sticker is there. It is not uncommon for an Auto dealer to have removed this Price sticker before he puts the car on display but that s says consumer reports. The Law makes it unmistakably Clear that this sticker is not to be removed or altered in any Way until the car has actually been delivered to you. Insist on seeing the consumer reports emphasizes. It s the Only Point of Price reference you 2 subtract the transportation charge from the Bottom line of this window sticker Price. This charge might Range from to 3 multiply the figure you have left according to the following formula intermediate size car multiply by 80-81 per cent full size car multiply by 78 per cent compact car multiply by 85 per cent new sub compact car multiply by 85 to 90 per cent. 4 add the transportation charge Back in. 5 the result will be very close to the Cost of the car to the dealer with whom you Are negotiating. A seasonal regional o r manufacturer s Sale also May improve your position As a buyer. To illustrate let s say a dealer tells you his Bottom Price is for the Model car you want this Price being without any Trade in and not including the sales tax. Let s say that you apply the formula to the Price sticker and calculate that the car Cost the dealer and that transportation came to say Welcome any Money saving a total of of to on each car the typical profit objective. The dealer quotation of to you is Rock Bottom indeed and on a Cash Sale basis alone would be Worth accepting. The vital Factor of a Trade in is an entirely separate Story automobile prices on the 71 models already have been raised 5 to 6 per cent. And on top of this year s Price hikes the largest in recent history will come Price increases for each Model year of the new labor contract informed sources believe. A responsible estimate is 5 to 6 per cent per Model year. Then on top of the Basic Price increases will be the special Price i r e As e s attributed to the costs of developing a pollution free car. You May be sure the stockholders of the Auto companies won t quietly absorb this Cost via smaller profits and lower values for their shares. This Cost will be passed on to you and me As such costs always Are. Then on top of that will be the other smaller extra costs for pollution controls and still soar ing Auto insurance rates and still soaring Auto repair costs. I believe i speak for you As Well As for myself when i guide on car purchases. And this let s say also that you agree consumer reports guide sex the dealer is entitled to a profit perts Tell me really works. With the markets Stock prices climb Back in heavy trading session new York a comp by 8.17 8.88 Imp Goth the following quo comp cd 8.53 9.27 i inc feb nations supplied by Comsek 3.91 4.27iindepnd the National Assoc Concord 11.39 11.39j Industry action of securities Consol in Una Vail Ingn dealers Are cont my 6.70 6.701 inv Coa 6.03 6.59 Pilg 6.81 Pine St 10.17 10. 5.48 6.01 Pion ent 6.18 4. 3.92 4.28 Pion and 10.45 11.421 7.87 8.51 plan Iny 9.4410.321 11.6912.78 Price funds i inv guid 7.98 7.98 grow la 21.51 21.51 inv indie 6.68 6.48 n Era 9.11 9.11 invest u v n Hor 22.4522.45 sold bid or bought can div 5.37 5.891 invest bos 10.80 11.80 pro fund 8.91 8.91 asked tuesday. Can Wal 6.24 6.821 investors group pro port 6.56 7.17 element. F ii i through most of the session Wilf at a j i i there appeared to be no direct futures no 2 closed Sloo a Bale u to movement of prices lower to 50 cents higher tues-1 new which held to a rather tight the prices at which cont Goth these securities corp old 7.89 7.97 13.36 14.71 could have been Canty Cap 10.88 11.76 Range. There appeared to be no persistent Selling discouraged of her than Ftp bid ask Devegh m 58.86 58.86 Aberdon 1.82 1.99 Delaware group j admiralty funds Decat 10.4311.62 5.97 6.54 Delwrd 11.4912.56 3.67 4.02 Delta 6.55 7.16 7.04 7.72 Drexel 12.2? 12.22 4.80 5.25 Eye cd 10.59 11.61 j i 7.10 Dreyfu la 11.8012.93 6.70 6.70 haton8.howard growth income insure advisors Al filial Afu Lre am f Allstate ids Nodi 3.90 4.24 provent 4.13 4.51 Mut 8.98 9.76 Puritan 9.17 9.98 Prog 3.74 4.07 funds .45 .71 9.45 10.38 9.3910.26 45120 393.e 14 26 a 253 j 10 491-1 4? 11 17 623.1 621 368 22 215s 32 i5v2 523 149 17 165 97 1733 16 98 27 201 25 24 22 4 11 15 a 15 4 4 in 52 1 11 14 2814 l-i-Uencpl-70 Gac up 1.50 Gay corp .40 Gam skol.30 gannett.43 4 2612 Gen Dyn ,50p 97 Les Gen elec 2.60 554 Gen ads 2.40 98 Gen Mills .88 137 29 genmot2.55e 645 73 gpubum.40 119 20 Tel i 1.52 Gen tire in Genesco 1.70 Gapac .80o Gerber 1.20 get Lyo 1.06e Gillette 1.40 Glen Alden global Marin 397 1 v Goodrich 1.72 227 goodyear.85 Grace co 1.50 Granite Sti 1.50 it a8.p 1.30 of West finl Green get .96 greyhound 1 Grumman up 1 Gulf Oil 1.50 .gulfstaut.96 Gulf wind .50 Halliburt 1.05 Harris int 1 heclamn.l7r Here inc .75e 28 i 411, 25113.1 4 a 28 _ i 843 4 3.4 771-2 41 "2 29 b 4 i 4 193.4 20 24 24v "4 17 a 4 i 2ua to a i s 371 2 4 5.4 66 i. 41 7 4 3 a 15 16 s 28 4114 439 2714 27 159.62 160.30 1924 average equals 100 Lina electric Gas at off i 17buddco the three most Active s or traded on the big Board Wie Boutt sir telex at on a volume 22 Cui Wund of shares Plessy un-1 changed at 3% on trades ofi25sperryh of shares and memo Rex off v2 at 83% on trades of closing prices among the issues on the new York Stock Exchange included University computing up 1% a Northwest airlines up 1% at american airlines up 1% at 21 vib Kentucky Fried Chicken lip 1% at Ameri can photo up 1% at pan am up at Leasco data Standard Anc new York a poor s 500 Stock Index High. Low close . 425 industrials 93.42 90.96 92.68 4.52 20 railroads 32.05 30.81 31.77 4.66 55 utilities 54.48 53.41 53.98 -.12 500 stocks 84.99 82.78 84.30 4.44 Livest Ocic Chicago Apuada attle 600 trading on All represented Slaughter classes moderately Active steady few loads and lots Choice in Slaughter steers 29.50-30.25 mixed Good and Choice is 28.50-29.50 Good 27.00-28.50 cd loads and part Load Choice 800-900 in Slaughter heifers 27.50 28.00 mixed Good and Choice 800-850 ibs sheep none no Market test. I Georgia poultry j Atlanta demand was fair to Sty for live broilers fryers on to Georgia poultry Mirett. Prices at arms mostly 12 cents. Supply fully Halo sizes heavy. Hen trading Collve offer less about Ade Uati. Prices at farms heavy Type mostly Light mostly. 4vi. Name 1 Brown co 2 Cha ind 3 Ham watch 4 Mesa pet of 5 Dorr Oliver 6 Hemiup Cap 7 Chimp a of 8 Mcgreg a 9 pure corp 10 credit it Fin 11 pc Sou of 12 Arcata Nat 13 Meredith up 14 Arch Dan 95a 17 Ilia 14 8 47 Downs last 5 i 4 5 64 15 a 4 15.8 17.3 16.7 16.3 15.1 15.0 14.3 13.9 13.8 13.8 13.3 13.2 11.8 11.7 11.6 11.5 11.4 11.4 11.1 11.0 10.8 10.3 is Engelman of 134 14 of Ester 17 Roan Sel to 18 Smith into 19 West Plepp 20 Kawaf Berl 21 swat air Mot 22 Phil Van h 23 Tisha rally 24 univ Oil pm. 25 Borgnan inc 26 a Telfia pub 13 a it 14v2 15 it 1 24vs ivs off u 2 off 6 of off 1 4 Olf Oila Oil 58 off ail off off it off Olf offi off pet. Olf 8.2 off off Olf Olf Olf off Olf Oil off off 7.0 6.9 6.4 6.1 6.0 5.3 5.1 5.0 11 "4 51 201 1 153.Olf 4.4 4.4 4.3 4.3 4.3 4.3 3.9 3.9 3.9 3.8 3.3 i Over counter i u. S. Bonds i new York api closing Over the counter . Government Treasury Bonds bid asked net change and yield for tues Day. 4s 71 71 .98.4 .97.26 .97.2 4s72feb 96.10 2vjs 72-67 Jun 93.12 is 72 aug 95.8 2 vis 72-67 sep 92.12 72-67 dec 4s 73 41m73 74 74 74 4s 80 80 3v.s 83-78. 85 4v4sb5.75 4 As 92-87. 4-s93-8c 3s m. 98.12 98.2 97.10 96.18 93.20 95.16 92.20 .91.12 -91.20 .92.10 92.18 .92 92.8 .91.8 91.16 91.4 89 .78 79 .73 74 .67.16 .67.8 .73.4 .67. .70.20 .61.16 .69.24 .67 .67.4 68.16 48.8 74. 6b.4 71.20 69.16 69.24 68 s.14 6.37 6.62 6.65 6.50 6.66 6.56 4.64 6.90 4.92 6.99 7.04 7.03 48 7.13 7.17 7.06 4.71 7.13 674 6.63 a.6? 5.37 5.82 4 44 44 rices quo iad in dollars and 32nds. To Federal taxes but not to slalom income taxes

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