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Show M,.'..m.'"'m' STOCKS TODAY sn li 0.Ft Poen 945.51 945.99 10411 184 46 944 99 On 4119. 1 39Ind 29-- Tr 31 -- 4.1do 0 -3 944111 Pct. CM. -1- 3,41 0,411 10). 294 173,27 Noon In Pry clove 1'4.113 493 411 9.33 p,7 So F run i M N F ruelik 1St .40 2$ ss $s 7? 110 31 114,13 09 S$ W19 3J.c1 GAC 10:30 Quotations A ..., A ,.., SelsottLi 152 ;11 t4 AOrse Mitt Ad Eros AgA 1 V. Ve 414 Irle I 1348 2 Vs Vs Ad ;APIS Address .60 13 12144. Y. 14 Admiral CA 11 11,4 23 6412 34 AetnaLt 1 1814 vs Wows 300 1 514 rfols 10 skilePrOd wi I 3212 3 1312 Aireoiiic .00 . 11 A .1 Industrs 2,4 6 2014 2. Akzono LW Alaska totst 186 3314.1 1 1214 vs AlbertoC ?.? A1cor0,!j 1112 109 2K16 .36 3 81- 2- 14 Alco Std Alexon .106. Cis I ,. 4 28 u, Alison 1.470 1 912 AIIMILC.24 1 11 AllegC0 .28d 2 251- 4- 4 AlleahLixt 1 10 2134 12 Allg Pw 1.44 ZU 117e 0101)100 68 Allieclt IA AinalSo 360 Amboc ,50 Arnerac 1.20 Am Hess ID arnAlrF1 .42 Am Airlines 10 118 2 9 132 8 AmBak 20 ABrand 2.38 AmBrcst .64 Am Can 2.20 A CnM I. .013 tatboix ArnCvon I. VA .43 AVCO 3212 AwonP2 1 21 1 2334 11,111NM,,,,i AO 1.42 144 9 1114 i ii76 2 4134-- ', '" '. 11.4 9'6 1 8 1114 4 6 23,4 224 1 18 1 56 14 Crtv Stores EloriE0 11,6 .40 1214 Ye 1412 2224 12 No I12 Burrghs .83 32 22914 12 I 971. 18 "IF .. C .. Cabot Co 14 Castors Wd Coil Finant 7 3 Colicihan 3k Corn 8 I.37b ComRL .50a COMO S x4513112112 4,4 2 10 1 11 28 14 - Vs Vs ColonSt a AAR AAV Corp Co .20 Acme Haml Action Indst Adam& Bus i AdobtitCore Hosp Alaska Airl Alba Woldn Allegh Aids Allied Artist A tpho Indus eAltec Cp wt Arne Indst .20 Aff tAm BoOk St A CaMto wt AmAlet .67b Am Gorden Amisril .13b AMotin .10d A Petro 1:1 AmRity .5318 Am RecGro AmSolety41 Am Tectincl Am Tra'amo AMICCp .04 Anglo .101) Anthony tnd A10 ind Inc Artuitone .20 ArzCLd 8b ArizC- - of .48 2314 2 .., 9 13343 2 112 2 2338 38 16 1614 1 934 114 2414 3I 11 3 El I .32b Ayerrico .14 i- i- 5112 19 574 13 Ironies 1 Esquit e Ra Etz Lovud Sy 7121 tutti Arist invC0 , Vs - 9 10 3 - 88- - Fab Indust Fatien 14 .40 MI F 8 6 $ 5 2 2 '13 Est S&L Fs Ms 2.021i Fstmrk .10b 4 A 8 FischerPt 51 Flight Softy Flock Indus FlukeJon 31s Forest Lb 21 FrankRI .76 Freseillo .40 Frier Indus Frigitronic Frontier Air FrontAir ws Vs . .... 14 IA 414 'I,. 18 Ple 514 834 1112 718 V4 .. 14 Vs IN I 7 512 334 10 Ti! ,., 4- 26 IA 18 8.8 NotBdIlas H Nati ealth Non Ind its NtMdDA .10 Nil Paragon Ve So Va 6 51- 4- .5, 3 514 ,,,. - Ye 212- -8 94- 2 314 'le Vs 2$134 1 10 34 37 213-4- 3 14 22 2312 20 1134 Vs 42 914 I1 14 3 1012 1 1 1 - 3 3 1 3b1- - Ind Sterndent STPCorp . 03 Strotton Gr Struth Wells Sunalr .12d 18 1 .20 13- 4214 2 .5, Vs 1 techn lechnl V8 r14. - - - - ., .. - I - , sI 0 i . es - n '174 t - , - es - - - B 2i,. 16 676 1 : 9 -- x3 25v, Vs Presser Dresser 71-21 39'4 761091- 2- 5412, 21 Ounard Duoion Co DuPont 1140 El 6 25 179'4I 23 234 890 2734... Duane-1.7- 2 Duolitt of 2 14 411 1.01 11 4: 6 16 II ifts 11 43Nsno ; a14" ,13t 1 le WS vsk, 1 17 11 S414 14 7D 364k 40ve trie 10,e 6 I 7 , , 10 11Ve 77 167 15'4 39 3,11 72,7e Ve Vs 1 35 40I1 per lam 1 5 VA.- 1 612, 2 1 2 1 I 5 4V2 1, 514 2214 314 158 65 x2 2314 1 21 15 Vii Vs 14 Vs Vs ;4 ... 14 14 , Vs 814 4 18 1 Vs Vs Ve 11 P eon, e sw - 19 4 74 4 11- 2- 1.4 us osstuctn USRubR .54 Unity OuyS UniviRes Ca Urisilld wts UPS Svstms Utah Sor .20 11 V ind vits 1914 1 912 2 20 3 912 6 02112 1 5 934 f I Vs (..s 914 Ye .. Ye 04 Vs IA Ve 9 Value Line VanDorn .28 VeecoCns .24 Vdriccein .20 Verntron Co A 1 1012- -- 7 '1- - 1i 14 34 I 4 224 1 IPA i 26- 11 Vs 5 9 I Wilshire 4k INlisn Or .29 Wilsn C .406 Winston MIS Wolf H8 .24 Worcester C Work Wr Id Wrother Cp WIC Air .10 Wynn Dil Co 1 i 312 412 442 112 444 141 HOwm , , Huck:14,0.20 Hughes fool Hunt Ch .14 Hutton E . 40 HuyckCp .'4, Ye , 25 xi 1 1 Vates Indus 4 9 lefe 1.72 iliCom ei1A4 1 1Ps 12 12 Ve Vs IP- A21- 2- IA Ve 2 ss. Zero Mfg ZimeHrn .24 23 K3 re 412 Ft .36 35 1994 8 4 V2 IA - 4 2 27 4 326 4,32420! 69 Co .1v1 ,. triFigor .25e 181H019182 ohp 018 64 340 MI llnjelrruskigil 15:8-- intinat A r,:m,r41r2 4 tele 16 rti gytt:, 1;14 1 1 Rectilifw 114 tr - ' 4 714 4 67 3 OA- -. 21 . toms Beet Iowa El 1.30 rwn al(3 144 L1.62 iimors 4 4a ITE im Al 3 nett Comets 4 direct chemical reaction from kerosene or natural gas. Pprit'etweill palm Bit 222,o 1 20,7 2294 2834 26 6238 iA ty,b st ,A 14 08 pm 88 NEW YORK (UPI) -- - Rationing and allocation of paper products to converters and distributors has appeared in some sections of the trade, industry officials said. The tightest situation is in linerbo ard, container board but there are shortages in quality business papers used in catalogues, broctawes, books and direct mail promotion and suprisingly enough, even in such speciallee as artists papers where is a relatively minor consideration to the ;sset ow ' :aalisir.rti , ii .. :552 Millie .I2 il Ptiref i g, The Food and Drug Admizds- including tration (FDA) recommended nine sedatives what it said were three of the most widely abused "down- he placed un(ler stricter government control. The ers" barbituates are butaharbital, cyclobarbital, hepabarbital, Proharhitali talbut2--4 villberbital, amobarbitalt secobarbital and pentobarbita l. 18 -- I N ., 1 2r61 ,.... METALS CASH GRAIN Wheat No. 2 CHICAGO (API hofd red 2.40N; No 2 soft red 2.2124. Oats No. 1.901.00. Coro No 2 velloo Sow 1.0512N. 2 extra heavy ohn boons Na I venao ems. No 3 Yellow corn Moodov sold of knight . hirms 2" "so 1313id. EGOS teener IV 240909 148 playboy 1554"i L. cat reesri yQ4d . Vb 4 i718- -. 4 V. 111 "'61-2- .46 ILeascof 2.20 'Leasure .50o Leeds&N .50 Lsesona .40 'Leh Pt C .60 ILO' Val Ind Leen Leaner 1.rs,.48 ,Levi....St ,,,,,, Libby() 210 N1 Limn' Mc I Ciliv 61r lElincnc"Nttit 'Lionel ,61,1un 2Y" 2 4 WA 14 231- 2636 10 9s 281- 4- sit 1 1 17 Va 3,5 14 i I', 131- 4- ." I to 0 IS We 10 2 40 IS V 33M15- 3 2ii SAL? LAKE EG4S .ii Egg mow CHiCAGO 11)140-iUS- DA) Market ',meowed. Prices to retai- kel I motor. Prices paid deliveree to about steady: Cents per dozen lers delivered lo owes la cottons; cmicogo 00 ow cent A or better, tient too tew cotes eitchretorri Erode AA extra to woad; tome lonesDe .411 tarot Mete Erode AA tome 5203 white 4647itete taro mediums too few to moll; Laterxx I Erode AA slontlards too few to report. 'La Pacific Erode AA medium to madders: evrces smolt 44.4l. Prices to relailers (erode A. In erwlen s Lowenst .90 Erode AA lay mowed): Extra Wm III41.3 Kitts 47- - tIv Caro Erode AA 19ror kYV Coro A Eden 3141; Clreit AA WES 44 iftwOhittle gialii 314 83- 4- ;pi 4- -4 .14 iio vs ya 70vs 7 3514 In 2 30921 W. iis 119904. vs ilt ,i i ii 21 HMI $18 243A lk :14ty$141 I : rsublicoirilia 11 .40 pw.loor 1 20 Rlstn IS 17 R":T0Told 100-4-1 III Vs i- 4IYaS ifs WS ,75 Redman ,12 Eeece .740 we,c1 .20fi 181 61 I: Per, FinS 30 Reo Stettlo I et11Crdli mere Coil 6 Vs ; r: ti V. 47:- -. 6 ii , 384. 78 pil.r Vs v,, r. U3 P083.1 r!9 BoornerPOC 11 10114: ;,,,V n V. 4 .03 .70 Ltni.,,tood01$ Vni.h141.111.1 vutde, 11 14 11010d 21 2v4 I Xs 5 W'4 34 d 1114''. V. V. 2 2 ,134- 1- Vs barn 13. UnCort) Allt .10 Ifid inlyi 36 Us odwii.or "4 t 203. 1 .'080 Ve 7011321 illeisloPel0Fs2621 VI u..71"2,31; 5 NM 45 ti theges " 7 U1017148 IA 34 re WI .. I194 Oa ? II 1 Co Univ CiliPwii Corm1 ()Mahn 1.60 U"seicki 46 usm 2 2" tj)istrolblZ IMITel n St2S :91 V4 15744, Ve 35 Vs Id Me 19 ... ie: 4 7 1st 61t in IS314 '64 IA Vs I Cis Ao Utah Inforni 14 LOG 1 UV 1M le vrCerocoti Vs 37- 110 3- 25141 .., ;I ,I1 Ve 17 04 1216 . 10'4 2644 int36124 12..g .2, vs 14 21 41,3 4- .5e 58 2144 Va Elec 1.12 I VaEl of 7.72 1100103 36 ION VornatIo ili VSI Coro 1 26es VulimM1.95 InctorC( m "61 62 kvacf11 C! 24b Waterton I view& .0 More than enough assets have LOS ANGELES (AP) been found to pay back insurance companies which bought thvusands of allegedly bogus policies from scandal-ridde- n Equity Funding Life Insurance Corp., says the California insurance commissioner 16 la 1S4 X ii Wer Lobs Warnoce A WomOn Wornd. 1,44 Wornr L. wmi 43.1VC7sctil- Z - -- waoloier 9't 14 weism" WeOs Fil WelMt vt 15,46--- ' 1 66, 6'49 6 12 17 1 us wens Ile .16 Weverhs 910Frre AO Whelfoitt Sti wc,001 VI ,,w 14 rII VV- - 11) P'.34 i.,''''s " - -- 2534 16 vhigotc LIP 14, ."' 1 1 IA word, westa El .93 womc 66 100343, 10 Werl'---o- Wst Pee Ind Ve 11 A 1"11s7 vs t M-6i 214,1 Co WeilMcl,..50 WooODel Iff nx I'it - " iso wee, 16 13t --- S2'4Y. la Lofty assets found kg $94a st 131t 17 wf V Co .44 1tmdo ;kb -el 41142 914--e 54 - 182 05r2 VCA Vt... fit ta134- 1 4534 Vcrhlt Asso 57094w 14.. 110 Ye 3 42 T3 Vs I 26'4- -. 0 13'1- 4- VI 14 4 111 4 1 t8,110141 Regan put the problem in a nutshell when be said, "The recent environment on Wan Street has been as as a depression, even though the rest of the country bas been booming. This paradox of a hungry Wall Street and a irospering economy simply cannot endure forever." The paradox he dramatized is lees puzzling than it seems on the surface. The rising tide of concern about inflationary money conditions reconciles the difference between booming business conditions and a stock market dying on the vine. In my book, "You and Your Monet," as well as in Viet columns, I have pet forth the thesis that the stock market depends for its vitality on noninflationary money conditions, rather than on inflationary business conditions. The confirmation the market is providing for this thesis is also responsible for a rising tide of concern that no end to binationary money conditions may put an end to booming business conditions. VS 1014 2814 I C11 ce72411 1)1011PL. 20'16 "The problem is paradoxical" , it UMW 14 2 27 5 1114.. vil 2$ 15Vme se 29 .S0 Cot34 AelElr401ec ;t! er 43 Raydinti .20 Pe l Vs di 34" I ee Peadket 14 0 00 Cm304attot.kS1'4348 ItecCA :174"-- t, 71- 4- 29 19 .54 NM toithom St;; 4 505 14 muss. - 65 -1- PuatSP 110 sitiamtinM 2 ParesCa S4 , V. -1 o4 10 20,4 -- . Vs 38 pug Ind 2 24 2 psond tot ivs 006 Oi NMa 1.64 16 WA -- 15t 1 94. 14 WrIt12,4 Ponca in .92 21 j V. I:06 Parma t4 pi. IIt In; 11;116 Vs 1,4i 2724.4. v. iii ab 4 25,,,.. v. 214'1'2." Y Ovok0a1 .72 I 1014 100 351- 4- sis 14 V4 2ri 894- 171 Obb-IC- 1:14 i14 14 le ii.4 A 16:144, 1 3 V. Vs 21 39 Moro ()GI C. 1.32 UnEl of 6, 10 y112.1delit 70b, 10 .esi PuertiK LoewsC 78'- 4Lomm I.39b 5 oTtriti 1 1376 London mt., f Vs 3214 Lon StO IA ' 72 31 LonafLt 1.40 107141 Lit. ofti 8.7) I Lit. 00 4,35 al li9 75 -- I 1.16 Poe 15 I : loiti.M171.1.0. 1011113 Cara pm Mclpsge.c .4,1..9 ..eneerSit' .650 toopolintso Liz !SISAbriai 3 1 .62 .12 Ab volt .0,1 pm," b .H61 .14b. ..11 pion-4Z- FinatiSt" ,34 20 30 . Lomas MARKET Spot minter higher an the Ilew York Colton Exchange NEW YORK LAP) cooper Tuesday. rous metal Prices Tuesday: Certificated soot wool 200.0Nominal. cents .8 pound. Connecticut Low Close PM- Niue cents a Poona; Yo KeYt led areas' Wole: 20'6-2Comts a detivered; pound. OK 2212 234'a 2131. May tffi $2355,4 a Pound. New York; Ookt sa$90.60 per troy ounce. New York; 2141 ?atm 205 0 if 208 S 2041 207.0 ver $2250 per troy ounce. New York; Oct Itosk. x0.2203.21321 nomtnOt Per Dec aincksnyer $28500 2062000 2081itig 21.2.00 Mar New York. , N i PRODUCE ttlst An leswregrukorP.20 Produce Tuesday : OticActo (twit Cheese Pm lb. processed loaf 2014-7muenster cheociar sine daisies 761440; longhorns 741Vs 1; 40 lb. blocks Swiss bled 80400 lb. wade A MIN. itstmJ grilse B 374 9; erode C emoted. torNesEeteme0YORTatirnFljtsii-cr7ovostri- $(9901 M ade eizzsl - CVIKAGO 3.63R 21 Ai .. V. 70N11 34 4 13 107 8Mos, 99 10 153- 8- Union Cori 44:1,1 TO 9 1 1.1Comol. 22;;62,14., 4 1.51: ,,,1719 V. lottc4(1,40 21 4 V. 304, 8 10 3 n, V. . .4. I !fry' .. UAL 421- 4- .. V4 4192 22 29 ics Tyler CP A i4 Vs 27341 1 la V. 41'18 St imam ono Pled trnort V. 77 77344, 146 ;:::Zia SI ; Ma 138119n04 Inen Cm -- Fit, 41 In: V. Ira; tr, rh,:Z1.1 12 33vs- :4124, V. 10 3534 6 25 Pnelo D 2.20 rhlitTA1640 Keller in AO WASHINGTON (UPI) 14 17 V. I2 ...., 1 z In 1.04 cit or 4. 41 TRW TRW TocsonG lb 141 ,, 548 :trlsol,:i4311 TrInftvIn .56 T rooiRW cono 54 281 m nt 3 Pn 24 Trovirspt 2 triCon 31313 4tit 9 5,.n -I 7 W Trans IA. 24 oPertTicnelmb36 K am 1 - 411 Kout8ot "'". m metio price 9 42 la:kAelrit lgPyt-- kb 9 231- 6- 14 ..11tlii US .imi 4 W f 1 11 .42 1.33 TronUn 141 4 IL.; w, 4 .951 Trnsaln 1 10 25 Vmsinc AA; r,p:::s6s zroglr r . 1,8 2514 111 lrramr-'- 3 1,4 -- An , The Inflated price tags on the shelves of drugstores and other retail emporiums go far to explain the refusal of the public to continue frequenting local brokerage offices. But the securities industry is also waking up to its need to blame itself for at least part of the shrinkage in volume. The securities Wall Street has Inva tryhig to merchandise were designed to do well by the tried and tested rules of the prenflationary investment game. They are no longer acceptable to the changed demands of the inflation-sensitiv- e investing public for safety first. plus maximum biome consistent with minimum risk. The failure of Wall Street's fraternity of research analysts to adjust its timing expiains wily so many of its members are now waBting the plant taking a good part of the industry's clerical and administrative forces with them. - 9 4 3 1.80o , inflated price tag discourages investors v. ,i, 6; y26136 53 , , 13 4 Tol En 1.92 TootResc 58 - - 3" 1 ime in 1.90 M 33 ,-4 o,-- IA IA 12 1214 1 LA distractbig the industry was put to rest. Merrill Lynch's layoffs not only made 1973's WaB Street depression official, they also identified the sources of trouble. The firm's announcement indicated that elec. trunks data processing was one of them. Buseartli was ' the other. "Electronics data processing" is Barvard Business School jargon for the clerks in the back office. Back when 25 million shares of daily volume was measuring the momentum of the market's drive to vault over old obstacles and register new highs, no firm in Wall Street could find enough back office tell-tal- e InToday, volume is even more decisively the dicator of market health, or lack of it. Now that daily turnover has shrunk to the neighborhood of 15 million shares a day on what is now a good day! every firm in the Industry has too much back office help. The shrinkage of volume, of course, reflects the departure of the public Ed Pierce had in mind. 94 nz: 1; Textrot too 2',4,.. ii, pemeolo :60 17?"11:1)35 PeonGs 2.24 pvosic0 Los PerkinEl .22 Pet Inc 1.35 i" Ir0,59:13 v, , 34 2012... 12 1938 31'- 4- Vs est011.04 limes id 3112911"Illit 11 54,4, v. 6 9,44, (4 v. u,113"-- ' 23134', 1exinst PL. 143 14 5.- I TesEti, Al 1 leteMor r FErr, 4 1 1816 19 2434 2 412 118 35 6 nm. .32 1.36 ITehrotgl I II Tertnet Avet Tesoro Pet Texoce 1 .72 I. 5344:4 .. 1 2 4. r. 10 Corp Tetra Teter 14 65 Penney 1.08 PennOls .22 Penn Rolf .16 119 Tele ) 37121 1144 1 Thomin Coro 1,,.. p3,1 a ri,. fl Mt 244, 2 nit 910 ws 10 lelecor teedVne tilva ljv i 1 :93 912" 9.44i4,14,21 14 Vs 21 .vi 1,..4, ...NI -- LA K6 2612.4 7 W ws TM- -. ,s 17 IN 2.0mkoo Am Ponniti 64 43 .11mWett .68 J HON 1.0Sb JotinMv 1.26 Jonn8..1n .50 V 1, 0 0,171. 1;74 ,. TotteCtd .60 X21 3914 NI 7 P-A- Ile Tolley .30b TolleY 61 1 6 12 Tommie .84 144 2094 21 21,4 Vs 9.1.rdmg,,PIZ 20 occielL1.1151 ,. tab 44 Don 5124140 Vs 3572,342: 78 1 elyb 4 rA 3 241,4 2 18.. JetP1191 96 Jewel C 146 1414 Sylvan I 294 49 v PocDosl 19 , 1112 St 264124412 tiore,112. a iiutrurvu Ss'6164 ' ,"'" r,: MI Tlesosind 3914 pis UN, .10 rumnsshrlinl VII, )6 '3 ,.., Is J ,kopelo I ii-7- I 1 96 16, 361- 4- 4 .81 Mo 1 A 24 Suggem Ye 1431r 14 21 ,.mo liVa I !;,1 rrnq . It. A 3 197, A75 ea eu enie t v mow moio.1 1.41 xtedkni 6 1614.. 14 A Si Fuel cells powerful '' ROSEMEAD, CALIF (UPI) enouOt .to supply the electrical needs of sizable commun. ities are now around the corner, Southern California Edison Co. said. The company has invested $7.5 million in fuel cell research project being carried by Pratt & Whitney Aircraft end Corp. of Hartford, Conn., to develop such units by the of this decade. The fuel cells would make electricity by 38 3w3 ee 41 tlitVwer31 Intrstote lin 634 1 T&T TT T&T aeN IntoblGr e r4 ;to ''''cr,',' I'veretTat ;l' o ;IX 51 .4,113., it,',72: 1 0 .24b ; Ve Ii 4854,....All .. )6 ti - Vs 341 3634112 466 61i 1 44,4, .76 1. 33 141 14 I4 12s Yip 12 47 24Y" 244 'le Teldron .104 4166) .., The moment Merrill Lynch confirmed that the depression inside Wall Street had indeed reached the point at which prudence made layoffs inescapable, the last illusion - 61611 3714 19,Ao VA - . Lynch confirmed the depression 12 n(1 1112 5 10146 96 1 r VA 11 sw Otis El Co thorn 1. 111 1 ' ' Texaco, one of the nation's (UPI) largest. petroleum producers, told Congress it may not be able to meet the rising demand for gasoline this year, pre- will take place gasoline "run-Inns- " dieting industry-wid- e this summer. Amon M. Card, a Texaco vice president tes- subcommittee on consumer tified before the joins econom economies that Texaco may not be able "to supply all the gasoline that the customer may desire when he wants it." .. ., 224 11 iw lie StewWn 114 etekety toneCnt .31 torer Brd 1 tride,,61 'ub;r00 : Ve kloGE 1.72 tTec:O.r,a1: 16 9214 3 311,19 141- 4- MI461(11.316 va 2612 7 .6 . -- 1 18 1191,11 9 It Ohio Ed isi oh E of 4.40 705 b tI2 221734' ii roulter Al 4, 16 11 occidpf 0 0 orcpto4 3.60 oidenc9 .60 12 . Vs 14 Va 1 2834s Ali StrOM11. 14, serh 10 0 66 133- 4- P21011. trt,i4 th 11 s Deck, Petri Va Vs 12 96 In a sw . trls 2 6114 i 38 3314 17c,,iocT.1 : Vs Vs Vs 41 .05,1 91 V. 20 951- 24614"" imperial CO INA Cp I', indHeact M Ind Gus 1.84 us induNati .96 aro Rnd 2.12 int Cont 140 inland sti 2 , ,. . 'omens .1247 Insilco C - WASHINGTO' N 934 35'6 6,6 12$ tird 004 12 41 .... NolvtOs 2613 NoSPot 8,80 7100 11234 Pa s to12 12 Nontwooc 1 2714 40 910 NwstAiri AS 66 6 46,4 NNEon4 it 12 241- 2- Ve Nwst Ind pswst In pt . to, 2 6s Nwstipt t2 5 2414 NwMut .981 ) 28 NortnCo 112 Nort sim 13 36 334, ii, 3 69 36 Nest of 1.40 3 1912 Nucor Corp 4 16 Nvp cd 33, so 34 53112 et i,r; 10,4, 24124. woos i 2912 Pt Ili Pwr rA l iliToo141 V 31- 2- Its 2 '1014 ... 1 '1512 Vs 10 73 ; E.., ...- ,v. - !Keen Its 12 I 144. 51- 2- 111Cen 11 5191o 1712 21 Idaho P 1.74 ideollkts .7g 'Peal Toy 41 Y 14 Vs Vs Vs 52,6 3Ovse Xe 1736e .711 :- 442 34541 NAM10 114b 14Am Phil 1 NoestUt .02 NoiliGs 1.92 NliGsor 1.50 1.36 we Phamt C41 13 1 2312 1 . 12 231- 4- 12 14 21 35 7)6 41 xt7 Square D la ,12 Irk. '11 332,44 .70 .60 kia6m6.1.14 ,ii w ";706iy2 NiaMot 630 Ve NioShore lb i 11 14 64.1m:test 1 60 NLI Cro .36 209 7 NortolkWs 5 64; NA Coal Id $ 143427 42 11 Hydraml.16 12 4712 TA V 101- 4- 11. 14 1012 VA 8 2 IA- -. 12 1412 1.40 91VSEG SornpM1 - 1314 I NEgT Newhall . Nvonnt 1.04 N14mnot 41r 14, Vs lid 12,- 4- 1 Howord...12 ,ls t 2. i 76 615 le. 4:.6 4 40 43 . lritune. Nev Nu 1. In 33 6 '4 XI 2734 ttoust.P CA , .,1140uNtes Id Wilkos Gib Nosontos 40 El . th 113VA2; , 494. Neswei 2,4 ..-re. - 1Sy.,... 56,1,2 291089-4- 12 P" et t4 5 3114 912 1, 127 14.4.3 13 3.) 1 14 44 5ogue Ye wa Pts 1,0: V4 10 14'. It 1514 304 4 161- 4- Vs 61 2512 . 34 18,66 14 2 3636 . 16 5734 2.16 1.72 .50 1.36 i!, I :1 3334;" 98 48144.134 16 4 30,4 5 11,64, 16 Wee,. :. ,- nt 14 Vs Vs 2 !Ob.."' 1 2541,0 12 r 1 SotheGs SowstPS 1174 tg Gel , ,4, Westb Fast, 3s t- 38112 HouseFn .86 HotssFot 212 1.11) 12 . 12 612 Dol- Nott Nti 1 1;344: , Hough M 44 1 75 NtiFuei tecgit 4,211ollol wee, 1 NNatatCOasilistilA.90 , 17 SNETot Ve 14 tie 14 .,, 12 18,14 1 2 2 SoNET1 .4514 Slne 30 31 tAt 3 swe 4 3614114 itt wia v. SouthCo 1.34 SoloGE 1.116 SoNotOs 1,i's , i ,. 12 N V144,116 5214 7.1 Ed Fierce was a practical and progessive merchant in the tradition of Julius Rosenwald, Henry Ford, and operator who had George Eastman. Many a hard-face- d done well playing the short side of the insiders' market of the depresbion decade scoffed at Pierce as an egomaniac hell-beon wasting money to advertise his own name. Today, Pierce is enjoying the last laugh. The same shrewd sense of timing which inspired Ed Pierce to anticipate the great market expansion of our times was apparent when he announced his retirement at the end of the top in 1968. Merrill Lynch has since marched on, leading a rejuvenated and vitalized securities Industry. The present head of the firm, Donald T Reagan, is in the worthy tradition of his predecessors. tact week, Regan reaffirmed his reputation fo realism. Addressing Merrill Lynch's annual meeting, he said, "We are in the fourth month of slow markets and depressed stock prices." On the same day, the firm announced that it had laid off more than 300 employes during March. V2 Vs 2114 kuest77 - 13 Nabisco 2.30 1 Nalco Cli .16 Noire Ch vx Not Mr .10b Name Lowe Nat Co. .46 x11 14 kit Ve WS di , . 24 4 1 14 VS 17 4 7614 12 3 22 2 184- 4- l's 1 19,- 4- Vs Vs xl SR I 20 i150 t,... Si -- 1714 X 41 Myr' 0 .0.2 Myers I. ., 44 94 1634 41 4. .63093 , ii 14 30 2 1.05O . V41 le v- r- , a practical merchang Pierce, 1 1 SmIthK8F Smiths T . Solo Bos .14 WwCo .0S11 Soo LIns 11) VO 111 ,... )4,t, 1,14i Sr148011 Vs 14 Vo 21 id tencp ... 3134 " 1.1: 2T Sionoge .79 rrinsat 4141 intoPot.312 ingerC 240 SlrierDf 312 SktotoCo AO SkilCor0 .141 vs 4- 912 1912 I..A rraPe2.70 vd Vs 1212 Si 2,13 .so SCV -, 17- la r6 14 I MISITel 1.36 MSL Indust MuroCo 1.20 Muro401 .64 114 4- 46 2518t 14 It 41 914 . 7 141- 4- Vs vig 91 14 10 111s I 11114 . 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Fierce, , ''N',. .; , , t faone of the firm!:; ,.,, 1 ,,,,,, ,As thers, expounded inspirationally N;,,: ',;:..",? on the expansive new era ,, ! 2.. ,,4:fr,Z; awaiting the retail merchandis. A ',',.''N f ing of securities. .,..el.,:..1,z . "I see a btu," for our sheltered Wall Street bud. Eliot Jonewoy ness," he used to tell me, "in vhich we on Wall Street will no longer depend on selling to each other. The future of the business will see our names hanging out on every commercial thorofare in the country and our firms will become household names and neighbor. hood meeting-place- s exactly like the corner drug stores." 14 114 totiftag , 1712,- -. 714 IN . ,, Back in the late 1930s and 6512 .5 Ds .. 4 ,tootir',0i, 77121 .54 .71 of 212 14 -4- ole 2 vr2 Helen Curt Heilerint .54 Heim Powse Hemlse Coo Hem In .331) Herculos .6$ Hershy 14 Heublein .92 Hewitt P .20 HighVo11 En Hillenbr .4i Ninon Nti 536 5 ,, .35 w- Vukonla .30 4 try. v. 134 .60 SCOAInd V2 Vs :A'"ins:P1'414 14 am Harrisinte 1 Harsco le HartoN .1012 , 1140 Vs .5 SO rhterPlo , 39 1616 4 60 934 14,4 U- s- 141 soli 6124. r. 11 1... 111 14 .012 14 b- lia 114 L I 1 .68 Handy H .22 HonesCo .60 Hanna 1.33 Harcourg) I Hordees .16 Nernst's 1.20 Vete Offsh 102 15Vs114 Viewies Inc 4 212 Y4 3 912 Viking Gent Vikoo tricot' t 512 ... 12 3 11 VMtoge Ent V L N Coro 9 6'40 1 .60 Voit1ex WA ... va 6 559 vuicd c..77 .10 2 112 12 79 203,-4- 14 6 4121. 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J , "w" ee"I I I POOR; 'NOIRES Poorl (1.P1)$2onokord low hourly (1901-- 4 100.43 1041 79 101.33 4313 18413 RORK NEW 7 B NEWS STANDARD 009940N11 STOCK AV11190.01S Os UMW Press iniOnlatiOtHli t DESERET 9 1973 WEDNESDAY, MAY wirs6lads CO) omitted except for those designated (0 tech are tun. DIVIOLNDS, are annual uniess otherwise graded in 10 Owe lots and onto la) wentineck plus estrai (b) paid last year: IC) nayment on accumulated &Wand so far this Mar, no tegutal rate ; (el cash phis stnck CJ 'newt gd) declared or paid latest dividend canine.; (i) per cent in stock ddendAN paid this year pet plus m stock Parc! laSt rear; ki) n barkiktuPtCrfeCtivWSPIP or reorgan. 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