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Show Life Insurance Raises Problems in Divorce ."ew York Times Service NEW Y ORK Divorce In usually provides for support payments to the children until they reach a certain age, such as 21 or when they finish college. In the turmoil that surrounds most splitups, insurance men find one area where lack of planning or understanding can be costly, namely life insurance policies. In fact. William L. MacArthur, an insurance man with the Equitable Life Assurance Society, in Seattle, Wash., mattes a habit of giving pep talks to about the impact of divorce on their clients lite insurance programs. - Investors Look at Phase Becomes Owner Slock Index Take Tumble turns New York Times Service The stock market took Friday at President Nixon's phase II and turned down amid somewhat NEW YORK other hand, if the husband retains the right to borrow on the policy However, MacArthur notes that several mistakes are often made unwittingly. Salt Lake Stoek Exchange Westinglioii.se Electric, dropping 3 to in protii taking, was the biggest point loser among tiie active issues. It traded at a 1971 high of 9734 on Tliuis-duy- . only point-plu- 13 These ruper-visio- Some observers said that stock prices had gone up unduly in advance of the Presidents speech notaoly with a spun in the Dow on Wednesday and that the market pulled back to of DES. cited a letter written six ago to Sen. William Proxinire, from Assistant Secretary of Agriculture Richard Lvng stating: Hawkins weeks (Copyright) NEW YORK (UPD Fridays Quotations Btd E.Utah Empire EurBul! EurLilly EurStd Golconda by A. .30 .08 .07 .17 .45 6.50 .16 .30 .23 GldChn GrtWest Justheim NEW YORK Over the Counter Fridays Quotations repre from The NrsaU a price as ot acprwn s I .m. matelv mdrkeij chans? rhre, nou: the aav ccm nc'txle retail m;rtno markdown ot mission. Quotations jn.dtiv- --A .11 .82' .22 SALES Bristol, LOCO at 8 cents. Bull Mon, 3.000 at 15 cents, 6,000 at U 5CQ at 2: cents. Comb Met L000 at 7 cents. Ccmet LOCO at 29 cents. Dragon LOCO at 24 cents, cents. Lcve Oil. 0C0 a' 62 cents. Prince. 1,500 at 9 cens. Tlntic Min, 500 at 21 cents. 22 88 98 5 23 133 59 FUNDS: Bull fd Cdn Fd div Shr natwd NY Ven Grvth Mutual 6 33 Maona 8.51 Manhtn 8 44 2.19 COMMONWLTH TRUST: 1.37 A & B 1 3 12 22 1 3 39 Dreyfus Drvf Lv 15.41 1,.89 EATON BramfAir Greyhound (UPD Open Closing Low High 277 14 V V 23 U.S. 13 U0 4 90 8.12 10 61 7.41 Lumslnc FstNCtyCp TransWAir GillelteCo Jly CORN 1.13 1.17 tfiC Mar May 1.20s 1.23 1.23 1.22j4 (72) Dec r & .70' .69 5.81 Inc Inv Z D 95 13 06 WallSt It' 6'' 30 ?4 47 5.t 48 70 4? T5 48 95 4V OS 4V .10 49 40 Low 47 vO 47 I- 4 75 48 TO 48 40 49 00 49 15 49 20 4$ (tp 4V ox Pr tn Kong Homj 4 0 1 13 13 4? 47' 34 343V 3 2M V API YORK ole t'A'Vh'O Stocks - light ? - Covreti huhl irotie huliai, sharply soybeans 30' 4 IB M'w P ?.n 31 10 3tl4 41 r'7 4 10s 04 .VP 31 I8u.hV,240 Excel ..5 36, F- n In Fthvl O I 44 10 3" 15 35 ; 31 32't 4 40 4 29 24 ?h4 29 4 794 97 39' ?0 23' 17- 102 27 a 4 4 HartShalMarx HevlaMn 2K HeinrCo Hemz H J Hercule .7 od 11 16 16 34 82 16 30 35 4 45 41 184 19 24 46' - - ? 198 139 4H ?C'4 16 5,'4 41 193 5T. Tut 31 60 74 80 70 37? 1 10 L0 G M MidSoU 19' 59' 30? N't 42 41 M M 19 58 8 'O 14 Wnnl Mo Pac MdbHOI 1 Inc 0? 8s 0 A 5 2 60 Mob sco 1.10 Mom gram 40' 40 1.10 Heupiein .8s Hew itl P .29 Hilton Htl 15'. 5,j 34 32' 46 8 48 36 IO, 48 J? j3 4 39 30 ? 4 38' 9 1 - 17'. 35 10 115't :o 5 MurpCo zO 21 73 4J9 4V 88 07 133 12 35 13 5? ?9 149 8V2 a 31 4 7 40 30't 29 -3- 9 S 18 $ 76 76 17 1 7' 34 33a 114 3 115 21 23 a Vi -- 'll,; 23'. 139 N : 4 L 4 InpFox 20lhcen Nt! NaiCah ?1t8 4 7 im3 3s 6I3 71 as Vt lO'tu 3r' 6V 71 3,a 4. 07 - 'i, jhlsim V V' 4 10 s An 10 - Pwr 2 Imperial INACp 1 no Rand Inland Stl Inxp Copp IBM 5 20 C 40 2 2 2 70 40 IntHarv ItelmoCor Intnrti'lnc Inti Minina lit'- tng.Chf m h tl Nn. k el 36' 30 236 : 16 52 leO 35 ' a 16 5'- - 56- 30 79 10 33- A'? 309 83 28 9 34 126 6' 9 75 9 19 513 30 37 - t 304 31'- ;- 78 2C 344 34 45 a 9 x 8 4 ?9 46 9 JJ 3v' 1 5' 38 ' 31 304 1'B- S' 36 a '4 - NaHC ivLuvs .90 NalDstH Natl Gen 70 Ntl Gvp 1.05 NatSteel 2 . Natonias .25 Nev Pw 1 74 l Newberry NewniontMin "6 N Ena El NiaoMo 1 10 NL Indnxt NortcikWs 5 40 NoA Rk NnNtGs ? N) 0 Nc'vtvy to Nw Ban Simon Nort Northweitli'd 475 463 31 46 60 16 4 74 Certificated 100 23 '7 16 17 104 103 77' 84 136 ?S 47 60 1? 118 3 PrtCNW wool spot s51 46 Aj 4 68 j 59 4 Inc RSC Ind Shattuck Dn Solitron Dev Statham Ins .40 In T Tecrnicr TriCont v,l UnivC'int 2k Livestock Markets Livestock OMAHA Friday: barrows and gilts strona to 9.5 higher; closing strong to mostly 25 2 hiaher on higher; instances 6 lb arade under 240 lb; 20.25-2a few 0 65; 20.50 20 75; 4 19.25-2lb 35; 0 19.50-235; Sews strong to 50 digher. Hogs 6,000; lb 16 2,000; weak, 1 to 4 cents lower to Eggs retalers, delivered to stores, in cartons cases exchanqed: Grade AA extra large AA medium AA NEW YORK (AP) Spot nonferrous 5234-5- 3 metal prices Friday: copper small AA 18 23. Prices to producers 1 4 v medium AA cents a pound, Connecticut Vatleu; lead Large AA 1 4' 4, New York; zinc 17, deiv- - small AA tin $1.67-40 lb. New block nndless Cheese York; gold 63':, 5 ered; 1.357 lb. snadwich loaf 64; mid icnghorn 69 $42 85 troy oz. New York; silver S3 , 92 oz New score 93 $280.00 score Butter 4; York; quicksilve trey flask. New York. Classified Ads -- Cali Graiu No. 1 hard CHICAGO Wheat (AP) rod 1.5940; No. 2 soft red 1.48n. Corn No. 2 No. 2 yellcw Tln. Oats No. extra heavy white 7D:n. Soybeans 1 $2.76n. yeiiow 3.1 in. Soybean oil 52 J 3535 -- Get a quote from your Clark dealer 14 4 5' 35' 31 4 i 43 72 4 18 34 31 14 4 43 4 714 18A 40 S2'n 29': 33 -- I 1 109 I63. 17 4 31 4 29 32 14' r 17 58 35 a '? 31 4 14 4 '4 ' 23j4 42' 71' -1 IP- '- 40 32 29.- -- 4 4 33 94 43 44 4 ' 4 4 4 Reefers 50 Utrl US Gypm US Indus 3 .60 .84 USP vCh US Smelt lb 1 60 70 96 ?5 I' . 19 a U 19 148- - 66 U'x- 66 3 33- 4 4 v 14' J 11'4 1. a 11- :- 19 20' 16 1 - art 2,-Doubles 's 4 We offer the vans full line of Clark-bui- lt Brown Trailers 40-fo- ot vans, reefers, doubles, flatbeds. Lets talk about the right one for your haul. Were ready to take trades and handle the financing, too. Coll 262-266- 8 -- Ja 'P 7 r r . 4U a 8V 4 68 04 5. a 40 1 Pneum Dyn PubcoPt .15 Metals Market 24 4 Oil Dairv Market 4 1 Femont - 65.0, 33 3 15 23 4 793 35 24 77 t 2,500; Cattle slaughter 500, feeder calves 100; 2 loads slaughter heifers steady; cows fully 25 higher; feeder supoly consianed for auction; two leads market. utility lb heifers choice a lev' and commercial cows canner utility dairy breeos 23 and cutter 19 1 50. 200; not enough on offer for Sheep ma-ktest. Wool futures NEW YORK (Ap) cattle recerots Estimated Aonday: 1972, oi.C, 9,CC0; closed .2 of a cent higher. Jul. hegs 8.500; sheep 1,200. 65.0. 78 89 107 16 2V' 2 28 Produce: iUPD Cheese 5 lb. processed teat Muenster 59Jk70. Ched- brick 64-77- ; daisies ngle Cur 'onqhorns Swiss blocks 62' 2; (wneets! too few to report; blucks 7f2-76'B Grade Grade A lbs) C 62'. 69':. 68'j74'j; Grade Butter: Prices paid delivered to Chicago about steady. 93 score 67.78 68; 92 score 67.78:43; 90 score too tew to report. Prices paid oelivered to Chicago Eegsunsettled: cents per dozen 80 percent A or better): Jumbo mostly Extra large white 35'a36; targe white 24. 2; mediums standards mostly Prices to retailers (Grade A, in cartons Extra large delivered: large 3434-3- 7 1 v2. 2; mediums Potatoes Total shipments 134; arrivals 181 track 48; offtings very light, too few sales to establish market. Mmneso- U.S. Track sales (100-lta Hoilandale district rcund reds 2.50. Onions: Total shpments 43; arnvas 9, track 19; too few sales to establish 66s 27' 15 Corp Last Chg Finl SB .20a Ford Can 2 29' 7 Frontier Air 2T 2 2' 2 Gen Battery 7 42 '4 Greer Hydrl 7 7' HuskyOl .15 Oil 6 2 Inexco 4 62 22' U Kaiser In 2k 38 33 '4 Kirbylnd .36 i3 Lee Natl Cp 30j4 30341 8 LTVEIecsyms 26' 2 267 H Means FW .Mohvvk Air 7 ; j NwPark Kn Ookiep 3.86b 9'i 9 IB CHICAGO J9 103 UAL Incorp UnCarbide 2 28 Un Flee UnOCa'1 60 Un Pac Cp 2 UniteoPkC V 7C Uniroval 80 U Airi.r 70 UnBrand UMltht 7 Low !b2 15?7 175 6 1222 51 US Stl US Tcb 2 DsrtPharm 182 467 146 64 Tra Un 1.28 Trans W Air TriCon 1.77b torp 437 7 27' '4 19? 55 TRW 4 48 16 t -- High Egu Cp .C5d K Fed Resour Wool Markets 10 141 149 83 66 10 43 20 260 Tranam 350 18' 29' 30 31 0 PLT TexUtil 4 Textronixlnc .90 Textron .40 Th.okol .70 ' . ThriftyD 1.80 '4 Timken TraneCo .90 2 4 24 25 J7 1 Texlnstr 10' 48 s 25' i 97 215 6 63 17 Tx 7 24 2 22J 38 181 Tandv Corp Teiedyne 3k 1.32 TenetO 1 exaco TexETr T xGasT TxGuSut 31 3o 20 20 18 76 666 289 a 3." 39- 6 31 3s'a 33 40' 3! 29' 88 4? 35' 32'? 11 50 21 127 35' 35 e 66 Xl0 52 4 15 51 3?' 39 8 35 a 44 17 24 4 46 V 20 ' 0 49e McDnD .40n 40 McGr E McGr HI .o0 McLean 1.20 Mead Cp Memorex ,Merck 2.20 4? ' 31 8 d 44 15 51 4 9' 4 Sales(hos) Chg Prod uce Nhd-'- So r9 X13? d Matq McCrov 26 4 19 4 23 a a 23 16 a 102 a -I- IHamm Pa Mar- 0b 10 MarsnF ' ; MarlMr Fer10 Massey 60 '4 May DS 60 U Mavei Os 294 24 IV 4 22 22 16 102 2? 19 27- 4 21 32 26 61 71. 39 Mi 4i ; 54 18j4 34 8 I -- MH Henhy s 54 06 '0 V; -- 209' t 34 31a .60 Hamslntp 30T 2f'J4 1 S' ; 70 T) 84 -- 34' v 7 Pa'oNC ac P 0' Gult&W 18 a pa 40 Ft ? 4 136 1587 1720 26 6 ' D E- F 46 4 a 21'; U Grec-nG- 35 26 61 150 19 89 79 '4 Greyhd Cp 3' Greyhound Grunimn GuttM 2 80a Vs Gu.fO'l 4 43 4 21,4 109 ' 4 Grand U Grant W GrtAfcP F ' GtNNek Gt West ' Gt WsUn - '? w4 V'4 ?0ri 6 fR f 949 ?i6 00 uv) 28 5 742 'I 38 6f ,V8 ?9 jl 9?9.6l 97 4 6 87 34j 3 48 T81 4 30- - 7.19 a unt (i.HV Ust y,eek s bank debits Same week ldt year Today's Ciearmoj. Same day takt year heavy WMk x char nos Same week latt y car Irene. 2; ; 144 104 79 35 10 61 PS Tn,7 1 3?' 4 I'riila.ss Qunlalions tu'davs bank debits 754 ? tx Hank Clrarimrs ' a4 ?3 4U4 25 VS LhAf CHICAGO A'u.liv Mixtnl: lolo rally. L.h.c. 23 3T14 58 5 48 U)9 Xfrh 73 Vf Miirkrls in Hricf 374 60' 4 123 746 .0831 .GOoOiO 4 514 114 dollar 14' 1 onav Mar OH g Marcor a P 3s' .10 .18'0 .2.:7 f - Ig 184 Mmes Day Densn Dixlyn 123 153 362 1031 113 327 38 77 231 79 24' 25' 15 61 57 27 13 Ent CttrLab 16 17b RoanS Robshaw .70 RochG 1.200 RockwL 1.40 61 RomHa Rohr Cp .80 RoyalCC .54 RoylD 1.76b 1.1UD 30 Last Low W 50a Bundy Cp ClemnCo. Circle K 72 Corp Clary Computes! Creole 2.60a RioGrande Com RioGrandePret ' 21 U 1'a R - U Vacv V.adiF - 46U ar 1 J.rnan yen 4930 Near East: pound 9 40 Israel Brascan .70 Ralston 6? 5rVAhrn 'RCA,.CorR1 Co ' Rpaomg Red Stl 1.60 Revlonlnc 32 41$ Petr ArkLdG Beverly ',4 -2j ; 8 j 3! 2iv' 51 44 82 41 e 10 ; L 4 4 46 .S H.Qh A i - 4 Foreign Fveliange is 33- - "i Treasury 84 GARn.VEMJ ee Close Argentina peso tree Bra?. cruzeiro 47 peso 4 in Mfxn 0 .oil Veneruef' tx)livar 23s 33J4 - '' to" 31 23- - a 't 9 J, WFIAINGTON Dec 'J?, . A ar Fnd 8 08? 8? GROUP: .o7 U?l 1300 Com S'k May .65' j Ivetl c.th FAm 8 87 99i Jiy e .66 Grth Ird 71 SO 7V Sep ? 7V Guard SOYBEANS 8 14 16 3 CBS L4t'o 3 0V 7 8 67 U'4 318 Gr 3.14 1.76 Ncv 1? 7? 1191 Col Ga 3 I9' 3 HP, 3.17 INVR8T GROUP: 3?1 3.18 40 63 13 AC Cm Snlv 1? Jan : 3.21 3 26 IPS NW M m 322 2.200 58 n It Mar nvF 3 27 7 3 24'4 :,7 SCI IDPr 3.29 50 324 i 10 9 O OT TO 9 Crn.nt May ?e 3 2 3 3 JO i BO 6 05 6 63 Ccn Fd J V 0 09 ?1 V West Ind j 55 3 23 3.20 Stork 3 25' i C omFd 3 71 ?0 A IK 309 3.u5 8 3 06 3J0 tonsFrght Sep CoikNG 188 LIVE CATTLE Sales Hiqh Low Lte1 Consm Pw 2 Open S 47 32 40 Air In Oct 32 42- - .40 32 45 21? 3? 05 32 95 Foreion Exchange CnCnn 160 Dec 2? 10 32 00 32 10 99 NFW YORK (APT 31 00 31 F5 32 02 Conti On decimals Feb' 31 90 28 aid In dollars 50 J1 41 40 S 31 Thurx. ConH elCo Apr 2L5 PORK BELLIES 4945 9V4S Dda Conti FROZEN Canada in NY ttee ? AC0 1915 ( orn G 2' a FeiP 3JJV- - .10 ? 25 31 B Itish poutd 4?V ? 20 05 2S- .5 koxBrd 49p 35 Mar j fjtut ? A". ? 4VPj ICPCIntl I 0 'FUTURES e0ihv tn'ufos tlBvf VORK5(AP)-si,L- VE C rane ? 'CS 60 ? V4y) tutureb on90duv 4,W 1.1 le'S Cuwe! C 4k 350 lo 300 lower. Snips Auti aha ih U4 'O 70 C rv n Zl .04h6 tracts. Sfh'llmg CIOS Austin Lew C"400 Curt OUTO High franc 00 i .r m L'tO LL 90 30 Cvpru: Vs I Oct krone h' Pmmnk 13'. 30 . .lk'1 IP S n: 90 N v I.M0 Fr.mte tram u so'0 475 U5 io LU (X1 Holland guilder Ooi, u: 0 16j0 Danftrxer V n vo 0U35 lira J.m 175 90 Italy .1465 117 90 1465 Dana Cp V krone Mur 137 40 Norway .0165 b7 60 Durt In .JOg CS escudo Moy 139 9i' Portnoal 139 50 70 .1998 141 1.14 .1995 Davco krona Jul 141 B0 Sweden 141 50 143 0 .2527 franc free witierland DayPLt. 1.66 Sop 144 SO 144 OO 146 SO I Dec Deere iCo West Germany 0 l4s A0 144 0 .3020 14 .3022 0 Del Vnt Jai 4 34 30 U Aeroiet - 19 10 04 07 16 47 10 86 11 37 8 28 9 02 8 55 9 34 9 56 10.45 8 41 9 19 Grwth 4 '4 L - 9 15 Geo 51J - 5 51 6 02 8 04 8.79 8.87 9.69 10.68 11.67 Prud SIP PUTNAM FUNDS: Eouitv - 33 158 86 M Vista F HOWARD: Bain Fd 10 11 11 05 VoVdQ Gwth F 13 97 15.27 STEIN ROE 93FDS:0 93 20 Balanc 6 43 7.03 Incme 9 0 9.70 Soeci! F 9 77 10 68 CdDitl 14 91 14 Stck Fo 13 95 15.25 Stork UNION SERVICE GROUP: GROUP: BrdS IV 15 1? 16 5 db ram Bnd 8 61 9 41 Narl Inv Caoital Un Caot U 95 13 C6 Centra Close 130 4 R5 Dest FUNDS: 068 3 1.48 ; 64 8 37 1.48 8 Cont aw 13 00 14 Everst 1.47' Coot Inc 11 84 13 03 Fund 14 12 15 4" 1.38'4 Incom Puritn 8 19 8 90 Scenc Salem 10 04 11 00 14 Vanod Tre 8 21 7 5 Un FdCn i.ir FINANCIAL VALUE LINE FDS: 1.21's PROGRAMS: 7 ' 0 81 6 4 Val Lne 4 39 1.24 Fn Dvn 5 X1 5 70 1.74-Fin tnd 3 87 4 24 5 48 6V 64 07 6 6 Inc 1.23 Fin 6 A3 7 71 4 41 4 90 Vent 1.28 4 9 10 9 9S Va Ar OATS Dividn Pref Stk Incom Stock Sr 52- 31 24 before slaughter. locks on the American Stock Exchange Friday: Selected Saies(hds) High s 6J 34' 169,300 152,700 U4.900 122,200 114.500 TeGasTr 54- Saewy WASHINGTON (API The cash position of the Treasury Oct 5, 1971 63 SfJoMJn 1L 209 compared to Oct. 5, 1970 (in dollars): StReqis 1.60 48 Balance Sander Asso 8,076,994,430.19 7,592,244 935.78 13 Sang Ele .40 54,71 2,50 '.960 51,672,605,916.02 Deposits fiscal year July 1 79 SaF Ind 1.60 Withdrawals fiscal year 60,960,115,872.61 64,485,471,987.67 166 ISaxtonlnd Total debt 412,931,321,367.72 379,362,521,601.89 (x) 106 ScherPto .90 Gold 10,132,175,874.77 assets 11,117,057,216.95 269 Schlum 1.40 x Includes 625,709,31.05 debt not subject to statutory limit. 85 S C M Corp 156 Scott Papr Seaboard WorldAir82 202 1.40 Sears F 2.40 li: nel'Od '4 18 113 2 40 SheMOil 36 4 'k x37 SierraPc .80 36' 4 106 S'dnalCo .60 '2 49 Simm Co 80 14 70 ? 2.40 SmgerC 33e 58 Skaqai.Com 27' 29 SmithK&F 2 5434 1116 SoCalEd T; 3(1 '4 '4 459 1.26 SouthCo 12' 4 H 61 SoNatG 1.40 30' I 55 2 Soopacific 434 31 3 So Railw 458 1, 52 .74 SowstPS 29 30 ScraoueEtec 16 207 4 SpRand .55b 72' 4 SO.i ' SaureD 20 23 a 170 'a Squibb l.Ll 2 W? 59 St B rod 160 55j4 10 7a,Srd KoMmsn 256 StOlCal 2. SO 164 2.30 StdOInd 13 i 443 Std NJ 194 13V StdOhtp 2.70 2 ' 43 8 StautterChem ir 58 90 SrerlDrg .fcO 38 7 12 1.80 StewWn 21 38 20 i.uCHV t 30 SunOtICo )g 34 4 70 .i2 Suntf'Mn 16 '4 j. Sup OH 1.40 18 ? 70 Swift Co zr 8 1.48 1.48-- - 2 a 1J4 A 2H: 43 .12 fidelity I.jS aranand 41 Standard & Pcors Gosiug 500 Stock Index 5.32 6.34 6.55 ODoenh 5 99 7 72 2 00 Incom sped r.ay Oow 0,3 J) 272,500 239.200 180.200 172,000 WhiteConj ClarkEq AmEIPw 9.11 CHANNING FUNDS: 12.06 13 18 Balncd com Stk 1.75 1.91 1.46-- Wheot Corn 12 6. 6.77 Mkt Gv-5.17 MASS CO: 8.44 9.2i 9.52 Freem 6 95 7.65 7.33 IndD F 12 31 Mass F 11.56 12.69 4.23 MASS FNCL: 14.1615.48 MIT 12 83 4.02 MIG 15.09 16.41 15.34 16 80 MID 3 94 3.9 19 02 20 83 Mates tv 3 61 3.96 NAT SEC FDS: 10 33 11 31 Balanc Bond Sr 11.84 12.96 BULLOCK nnar CU'lu. ' U 19- KEYSTONE: HOUGHTON: Fund A 5.32 Fund B x7.S3 6 19 Stock 4.76 Axe Sci 9.52 Babson 6.71 bondstk Host fdn 11 26 3.95 drown WHEAT Dec nuJ Vi 12 16; 12J 19- (z) (z) range: tn - 12 16a - 11 Ten Leading Stocks 11.86 4.48 7.14 9.69 6.78 Commodities NI-.- - 2 104 41 84 38 116 1023 &3 572 127 - 55- -- P- Pac Gs Pac Ltq Pc Pet PacPwr Quotations Fridays Pc T&T (Pan Am Furnished by Merrill Lynch, Pierce, Fenner ana Smith, Inc Panhdl 132 . Main Penn Centr Member of the New vork Stock Exchange Penney JC Penn Dix 4k L684 PennPL No. Secs. Traced L&0 526 Pennzoil Advances .80 851 Declines PeopGs 2.08 507 RetM.lk Uncnanged 50 New Highs PepsiCo 32 Pfizer New Lows .60a Phelp D 2.10 PhiiaEl 1.64 71 480.18 Ind 9o6.4C0 902.82 890.55 890.917.89 40 Bonds ?0 ptiilipM 241.89- -0 39 Rails 10 High 597, 9C0 244.46 240.00 Grade Rails 1.30 philPet UttlS 10 2nd Grade 64.90 0.22 ptlisory 564,700 lla.25 113.37 114J9C.25 Rails 44 311.61 306.80 808.591.72 10 Public 87.530.41 Pitney B .68 Util. Comp 2,139,00' 140.06-0- .55 10 Industrials 82.41 r0.06 Polaroid utures Index Commodity 3? PPGlnd 140 . Proct Gl PuS Col 1.12 PSEAG 1.64 ? Pullmanln NEW YORK tAP t Sates, closing price and ni change ot me to most active PurexCp .64 1.60 stocks traced on the New York Stock Exchange Friday: Purolat RivanaFd ZicnsUtahBancorp uci 52' 521 2 1' 255 150 Dow Jones Averages 8. It 5.6, 2CMI 7 'nsFirstNationel :np 62' 4 4 Asted Btd Researched Dec Jan Mar May Jul 4 '4 t8 177 Quotations Friday RoyalExectnn SentinelSec SitverKingMinesNev SkvlineOil SMCInv SouthlandCorp SowestResearch SuretyLife Telecommunications Telemationinc ToiedoMines ValleBk&Trust ValleyNatlBk Vistalntl WA'kerBk&Trust Otr 63 52 -- s 20 12 17' 13 9 58 38 4 177- New York (UPD Following Is a list bid -- nd asked prices on Mutual Funds as queued by the NASD Inc. NatlWestL,e N.W.Gas NewportPhermlntl OilReaources PacEng&Prod PennzoiiOftshrClB PRCCorp ProcesSysInc 55 57 184 of Morrison-Knudse- tlGitd 25 to 58 4 38j4 471 Close Chg.' Low Mutual Funds Fridays AlUlndustries AmalSugarBonds Amcor AmerNatlEnt AmerSav&Loan AmerWesternLife ArdenMaytair BonnevtlleSylvan BrowningArm ContlBank Denv Rea Estate Emdekolntl jnvirotech EquityOil FashtonFatiric FirstSecCorp FirstSecCcrpPds FirstWestFinc Ga'axyOil Healthlnd HyaroFlam IdeaiNatl Inter rnountainGas Masgalnv MedDevCorp MiClnvCorp Jy S p AcmeMk2 g Actress .60b Aamtral Cp AetnaLf 1.60 Air Prd .20g .60s Airco Albertsonsmc Alcan Aim AllegCp .10b 2.75 .25 1.12 SECURITIES CHICAGO Selected stocks on (UPD Sales(hds) High .625 LoveOil Mammoth Movemattc NewPk NewQumcy Nol ily PkCily stock quotations furnished G. Edwards 4 Sons, Inc.i .75 1.35 hours American Sloek Exchange The New York Slock Exchange: Filial Quotations OvvenCF Owen it ... partment to join his council in asking the Food and Drug Administration to prohibit further uce of DES in feeding cattle. II must be admitted publicly that I.S. beef continues to be cor minuted with DEo, the very same ehemiciu which all evidence indicates has caused a previously are form of cancer in daughters of women treated with DES during pregnancy." Hawkins said. Agriculture officials declined to comment on Ilawkins charges, saying they to were drafting an official statement he issued next week. DES. also known as diethyistibestrol, is led cattle to stimulate growth. Nearly all of the 30 million head of cattle slaughtered annually in this country are fed ihe hormone, but the feedings are stopped 48 Cites Letter lo Proxinire die overseas carrier. 9.41-poi- and Under die law, FDA is required to give farmers an opportunity for a hearing when they are sus)iected of producing adulterated food. The agency can ask die Justice Department to prosecute farmers on criminal charges after the hearing. The FDA has cited farmers previously, but none has been prosecuted. David G. Hawkins of the Natural Resources Defense Council. Inc., charged Friday that die Agriculture Department had given false information to Congress about results of its hormone testing program. s losers other most active issues were two stocks at the top of the volume list. were White Consolidated Industries, down 2g to 213,4, and Clark Equipment, off 134 to 43. Also on the active list were LunTs, up to 63. and Pan American World Airways, off !4 to 934 after selling at a yearly iow of 9'j. Lum's, which showed improved profits two days ago, rose 1 on Thursday. Pan Am, meanwhile, was weak for the second day, partly mirroring conjecture of a possible management shakeup for The residues ried Dow-Jon- among the their representatives to Congress, apparently high officials in the USDA have been misled Haw kins said evidence of DES in beef should be enough for the Agriculture De- people, Gesling declined tu make public die names of the fanners involved. He said he did not know how many animals car- 93j4 mutkey conditions. Closing at its lowest leel of the sesIndustrial Average sion, the tumbled 7.8 points to finish at 893.91. It was a market conspicuously dev oid of hoopla, with investors attempting to weight the pros and cons of the Presidents Thursday - evening address on what happens to the economy wiien Phase I expires on Nov. 13. Analysts, by and large, detected no major surprises in the plans to follow the freeze with an unspepresent wage-pric- e cified period of close government then in and receive the dividends, essence he is the owner of it and when he dies the policy might well be taxable to his estate, even though his former wife or children remain as the beneficiaries. With the help of an insurance agent, these problems can often be straightened out. If the husband fails to notify his insurance company of his changed status and remarries, a sticky question might arise. Which wife and which children are beneficiaries? Which wife and which children are insured? A check with his insurance agent can straighten out his ideas. The other side of the coin is that a wife about to be divorced should not overlook the protection that ownership of a life insurance policy can give her. (Copyright) Se eral Mistakes Because of decisions made by lower officals in USDA to keep silent a hunt these accumulating instances of DES American the contamination. level insection program was begun. ayvait specifics of the economic stabilization program. a look On the over to his wife, possibly upon her insistence, the rights to a life insurance policy. He might continue to pay the premium or provide her with the money to do so, but she becomes the owner of the policy. This helps assure her that her alimony can continue in case of the death of her former husband. Also, if the policy is a big one it might help cover the childrens educational expenses, if the father dies without having provided for them. In the case of a husband who does carry substantial amounts of insurance, the wifes lawyer, if he is alert, probably will insist on some sort of arrangement giving her ownership of some of policies. People Have Bren Misled Withholds Farmers1 Names Estate Taxable a husband laboratories nf die Agriculture Department. However, laboratory officials have been under oral instructions not to make official rej torts of these findings to WashHawkins said. ington headquarters, James Gesling, director of compliance for the FDA's bureau of veterinary medicine, said he did not know when the residues were found but assumed they were discovered since Jan. 1 when a stepped-u- p Two-S- ee in lyzed WASHINGTON The Food ami Drug Administration said Friday it is citing 10 caiile growers for selling cattle bearing traces of a hotmone suspected of causing cancer. The Department of Agriculture, which tesis for hormone residues, is on public record as saving i, has not found any (races in cattle since Jan. 1 of the hormone known as DES. low-cos- lu-e- tissue samples collected and anathe objective uha.se of the DES program have been recited negative for DES residues during tiie period Jan. 1 through June 10. 1971. Hawkins wrote Agriculture Secretary Clifford M. Hardin that 14 cases of cattle with DES residues had been detected at All By John Lang Associated Press Writer over the policy irrevocably to his former wife or children, the husband overlooks the fact that he then cannot exercise some of the living values. If the policy' pays dividends, they would go to the owner, such as the wile or children. If the husband suddenly suffers business reverses and needs to borrow for some reason, he finds he cannot borrow on the policy unless he gets permission from his former wife. If ihe divorce has been bitter or the wife doesnt understand howr policy loans work, he may t find this easy, method of borrowing unavailable. Furthermore, the w ife might be shrewd and realize that if he does borruw on the policy and doesn't repay it, her stake in the policy would decline. American Use Cancer-Hormon- e in signing style usually involves the payment of alimony to a wife continuing while she remains unmarried. The settlement also For example, often FDA Cites Cattle Growers SOUTMWitT 3636 S. 2nd KtMfWOMTM. West tC. |
