Lansing State Journal from Lansing, Michigan • Page 38

New York Stock Exchange Sales(hds) High Low Last 46 Admiral Cp AetnaLf 1.60 69 Prd Airco Alcan Alm AllegCp 25 AllgLud 1.40 Allg Pw 1.36 Allid Ch 1.20 Allis Ch Alcoa 1.80 35 Hss 63 Air 35 Brnd 2.20 91 Brest 1.20 756 Can 2.20 26 AmElec 1.70 54 Export 10 Hois .40 Home 1.70 AmHosp .26 AMetCx 1.40 50 Amer Motor 35 AmNGs 2.20 Smelt 1.20 x103 Stnd .40 160 AmT 2.60 288 Ametek .60 AMF Incp 32 Ampex Cp Amstar 1.70 12 Anacn 29 Apeco .165 12 Armco StI Arms Ck .80 31 Oil 1.20 192 Richfid 2 x53 Avco Corp Avnet 21 .50 28 BakerOil .70 124 Ind .20 208 Fdl .16 Beckm BeechA HI .60 Bendix 1.60 Stl 1.20 Black Dkr1 Boeing .40 23 Boise 211 Borden 1.20 x44 Wr Ed 2.36 Braniff 3k 54 My 1.20 x14 Pt 12 Brunswk .12 47 1.20 14. Comp 25 BulovaW .60 12 In 1.40 151 No 41 Bu4rghs .60 12 Camp 1.10 3 CanPac Ltd 10 1.4.. 23 CarrierC .60 22 CaterTr 1.40 258 Celanese 281 Soya CerroC .80 26 Certain-t .80 19 CessnaA .60 13 StI BChmSPI 1.20 Mn 2 37 Ohio Craft 34 Chrysir .60 98 Gas 1.56 14 Fincl 2 CitiesSv 2.20 Invs .50 CleveEl 2.24 22 CocaCol 1.58 35 Colaate 1.40 15 Radio 11 Gas 1.76 16 Solv 40 8 CmwE 2.20g 10 Comsat .50 15 Ed 1.80 x36 ConsFd 1.20 ConsFrght 1 x5 Data 116 1 Brd .30 9 CPCInti 1.70 24 1.60 11. Crowel 4k 22 ZI 1.20 Curtiss Wrt Ms 1 -D DanRiver 18 Cp 6 In x173 1 .14 DayPLt 1.66 x5 Co 2 151 Mnt 1.10 16 Dennisn .60 8 DetEdis 1.40 44 Shm 1 39 Diebold .40 DisneyW .20 33 Peor .40 DomeMn .80 13 Ch 1.80 14 Dresser 1.40 1.40 DuPont DuaneL 1.66 14 Dynamic Cp .90 Fastern Air Kod la 1.40 in 1.20 31 17 17 12 27 37 367- 33 28 28 36 36 36 34 13 10 878 10 10 41 41 42 15 15 15 45 45 37 37 26 15 315 13 13 13 25 44 42 42 52 701 18 18 109 109 52 52 11 21 21 37 37 37 44) 48 4A 48. 176 32 176 176 32 29 42 10 7 7 7 24 237 24 42 42 24 24 24 20 108 327- 148 E- 14 14 8478 85 33 33 American Stocks Sales (hds) High Low Last Chg.

19 211 21 14 22 22. 22 2 13 00 43. 43 43 107 28 28 28 z80 16 10 13 15 15 15 15 7 7 00 15 15 15 16 66 2 Dividends By United Press International PeriolzAmt Pay Record EXTRA Alld Control A Petr 1.10b ArkLaG 1.30 Beverly Ent Brascan 1g Circle .32 Clary Corp Computest Creole 2.60a Dixlyn Corp Equ Cp Fed Resour Fini SB Ford Can 2 Frontier Air Gen Battery HuskyOl .15 Inexco Oil Kaiser In 2k Kirbylnd .36 Lee Nati Cp Mohwk Airl NwPark Mn PacNW 1.04 1.04 Pneum Dyn PubcoPt .15 RSC Ind Inc Solitron Dev Statham Ins Syntex .40 Technicir In UnivCont 2kn Aeroiet General Cp .50 12-31 12-14 Gt Lakes Drdg Dk .30 12-10 11-10 Hasting Mfg .05 12-15 12-1 STOCK Belding Heminwa) 3pc 1-31 1-3 YEAR END Hercules Inc .20 12-22 11-17 USUAL Aerojet General Cp 12-31 12-14 Amr Business Prds .04 12-15 12-1 Amr Chain Cble .40 12-15 12-6 Airco Inc .20 12-6 11-15 Anheuser Busch Inc .14 12-9 11-10 Belding Hmnwy Co .15 12-15 12-1 Block Drug Co A .10 1-3 12-1 Carborundum Co 12-10 11-19 Castle A Co .20 11-23 11-9 Celanse Corp .50 12-22 12-1 Chelsea Indus .06 11-30 11-9 Coca Cola Bting NY 12-17 12-2 Cmmnwith TI CoPa 11-25 11-5 Duke Power Co .35 12-20 11-19 Equitable Gas Co .58 12-1 11-9 Federal Mogul 12-10 11-12 Gent Tire Rbr 11-30 11-12 Gt Lakes drdg Dk .30 12-10 11-10 Hasting Mfg .05 12-15 12-1 Hercules Inc .25 12-22 11-17 Inland Steel .50 12-1 11-8 Johns Manville Cp .30 12-10 11-24 Lane Bryant Inc 12-1 11-10 Leigh Prod .09 11-30 11-18 Liberian Iron Ore .35 11-24 11-8 Loomis Corp 11-12 10-29 Metromedia Inc 12-15 11-19 Michaels Inc .10 12-6 11-19 Minnesota Pwr Lt 12-1 11-9 Neptune Meter .10 11-25 11-10 Oakite Products .20 12-10 11-19 Newmont Min Corp 8 .26 12-15 11-30 Oneida Ltd 12-15 11-26 Pacific Res new 12-8 11-26 Panhandle EastPL .45 12-15 11-30 Paterson Parch Pr .05 11-24 11-10 Penm Vur9inile; 3-5a Portec Inc .20 12-1 11-10 Puerto Rican Cem .10 12-21 11-24 Retail Credit Corp 12-14 11-23 St Regis Paper 12-1 11-8 Sealed Power Corp 12-1 11-10 Seton Co 12-15 12-3 Squibb Corp 11-12 Oil Cal 50 12-10 11-10 Std Oil NJ 1.05 120 11-11 Union Carbide 12-1 11-5 Sybron Corp 8 .15 12-1 11-15 Standard Register .25 12-10 11-26 Corp .30 12-10 11-10 Wagner El Corp .12 12-30 12-1 Western Publishing 12-15 12-1. Westinghouse Elec 12-1 11-5 Westmoreland Coal 12-9 11-18 Wilson Phrm Ch 12-24 12-3 All types of office equipment, Bankrupt merchandise from Bankrupt Businesses. LIQUIDATING CO.

1411 E. Kalamazoo. Ph. 489-4004 A Michigan Company In Michigan's Capital City AMERICAN ANNUITY LIFE INSURANCE CO. Serving the People of Michigan THE BEST FOR LESS! Stanley Clark STATE FARM or John Mateer IV 9-6539 INSURANCE State Farm Mutual Bankruptcy Feared IRA Bringing Chaos By DONALD FORBES BELFAST, Northern Ireland (AP) Commerce Minister Roy Bradford believes that the swift defeat of the Irish Republican Army in Northern Ireland is becoming an economic imperative as well as a political one.

Bradford has warned feuding Roman Catholics and Protestants in this province: "'We could face bankruptcy in a matter of weeks." While other members of the government believe Bradford was exaggerating, they are worried by the decline in foreign investment in Northern Ireland and the damage to business in central Belfast because of the IRA's terror campaign. Tourist revenue has been waning since the trouble erupted in 1968. Economic chaos destroying the foundations of Ulster's Protestant-based governmnt is one of the objectives of the IRA, which is pledged to reuniting Northern Ireland and the Irish Republic to the south by bomb and bullet. Government officials put the bill of Northern Ireland's economic havoc at $60 million up to the end of last year from August 1969. And the 1971 crop of bombings and dislocation could add at least another $36 that figure.

"Northern Ireland is a province which has traditionally borne chronic unemployment. Because of Britain's economic stagnation and the IRA's policy of economic disruption, one man in 10 is already unemployed and the statistics go from bad to worse. Nowhere is the effectiveness of the terrorist campaign more evident than in the center of Belfast. Big department stores -the equal of plush shops across Europe- are doing up to 40 per cent less business and are laying off staff. The government now fears a wave of bankruptcies affecting even the prestige Belfast stores.

Already, the 170-bedroom Grand Central Hotel, one of the city's best for a century, has closed for good because business was not just bad but nearly nonexistent. Other hotels are in similar straits. A Commerce Ministry spokesman said: "Before all the trouble blew up, we could reckon that half of the province's new jobs created annually came from the expansion of established industries and the other half from new sources. Now the ratio is up to because of a slowdown in new outside investment." He said American or European manufacturers who might have set up factories in Northern Ireland, where wage rates are relatively low and labor relations good, had probably been dissuaded by the violence. "Orders have probably also been lost from abroad because of doubts that industry can meet delivery dates," he added.

The government insists that the loss of foreign investment has not affected the number of jobs being created. This is partly due to finan- Soo Getting Steel Plant, 500 New Jobs SAULT STE. MARIE (UPI) Cannelton Industries, of West Virginia, announced plans Thursday for a $1 million steel tube finishing plant that will eventually provide 500 new jobs in this economically depressed Upper Peninsula com munity. Construction should be completed by late 1972 when production will begin. The plant will be located on a 237- acre site near Sault Ste.

Marie. The announcement marked the first increase in industry here since an exodus in the late 1950s and early 1960s eliminated approximately 2,000 jobs. In recent months, the unemployment rate has been nearly double the national average. Cannelton Industries is a wholly owned subsidiary of Algoma Steel which has plants in Sault Ste. Marie, Ont.

The new plant will treat, couple and test casing produced in Canada for sale in the United States. Prior to the announcement of the new plant, the largest employers in the area were Lake Superior State College and the U.S. Corps of Army Engineers which operates the soo locks. The new business project was hailed by Gov. William G.

Milliken. "We have made great strides in improving education and tourism in the eastern Upper Peninsua, but improved employment opportunities are essential for a sound economic base," Millken said in a telegram. "This new development will do much to strengthen that base and has tremendous possibilities." Robert McDonald, executive director of the Area Industrial Council, which has been working for two years to attract industry to the eastern U.P., said the new plant "is a basicindustry around which other facilities can grow." Drug Ad Change Wanted By CAROLE SHIFRIN (C) 1971, Newsday, Inc. WASHINGTON In a major policy declaration, the Justice Department has urged that the laws and regulations of 28 states prohibiting drug stores from advertising the prices of prescription drugs be eliminated. The department said the advertising bans may be "adverse to the public interest" by preventing competition among druggists thereby pushing drug prices.

The department's policy statement was attached to a letter sent by Richard W. McLaren, assistant attorney general for antitrust, to a midwestern drug store chain applauding the company's decision to post in its stores prices of the 100 most frequently purchased prescription drugs. The Justice Department's statement is in effect an opinion without the advisory, law. The department's antitrust division has submitted its views to the Council of State Governments, urging that the states eliminate "anticompetitive" laws and regulations. McLaren told Richard G.

Cline, president of Osco Drug, based in Franklin Park, that the government feels "many, if not most restrictions on the advertising of prescription drug prices are unjustified on any grounds." Osco began posting the prices of its most frequently prescribed drugs two weeks ago in its 176 pharmacies states. The company was challenged in several of them. In Illinois itself, the State Pharmacy Board decreed that Osco pharmacists had violated a regulation prohibiting the "willful advertising, soliciting, or otherwise promoting the sale" of prescription drugs. The board has summoned several Osco pharmacists and apprentices to a hearing next week to determine whether to suspend their licenses. An Osco spokesman said its employees will be represented by its lawyers, who will not challenge the Illinois regulation, but will maintain that posting prices is not the same as "advertising." That viewpoint has already prevailed in Minnesota where the pharmacy board met and decided that posting did not violate Minnesota's ban on drug advertising so long as a company did not advertise that it was posting prices.

In South Dakota, the company was forced to take down the posted prices by a temporary restraining order pending a hearing next week. In some states ad prohibitions have been struck down, most recently in Pennsylvania and Florida. In others, court cases are pending. One pits the city of Boston, whose hospital and health agency made a ruling requiring drug stores to post prices of the 100 most frequently prescribed drugs, as a health measure against the Massachusetts State Pharmacy Board. The latter contends that the Boston action violates a state regulation barring prescription drug advertising.

Maryland and Virginia both prohibit the advertising of prescription drugs by name or price. Maryland is one of 10 states prohibiting use of terms such as "discount" in drug advertising. The justice department said prohibitions on drug advertising were contrary to the country's basic national policy of competition, which "has proven to be the most effective spur to business efficiency, innovation, and low prices." Air Freight Shows Drop In Michigan Air freight operations at major outstate Michigan airports declined drastically during the first nine months of 1971 compared to the same period a year ago, reports Edward A. Mellman, chief of the airport systems planning section of the Michigan Aeronautics Commission. At Lansing the decline was from 2,863,124 pounds in the first three-quarters of 1970 to 1,918,537 in the same months of 1971.

Mellman attributed the sharp drop to a variety of factors, including a new General Motors policy of trucking freight to Detroit airports for loading rather than using outstate aviation facilities. He also cited the general slowdown in nation's econo my, and the reduction of United Air Lines services for the decline. economic slowdown, he out, made companies "very cost conscious" and may have prompted them to ship materials by slower, but less expensive surface transportation methods. Freight operations were down 50 per cent at Flint Bishop Airport, 39.2 per cent at Kent County Airport (Grand Rapids), 33 per cent at Lansing's Capital City Airport, and 31.4 per cent at Muskegon and Tri-City (SaginawMidland City) Airports. Flint Bishop, with the largest decline decreased from 4,166,724 to 2,083,637 pounds.

Pipeline Planned To Cut Pollution Air Am Am A Am Am Am A A Am Ashl At Bab Bath Beat Bell Beth Borg Bost Bris Brit Bucy Budd Burt Burl Car Centl CFI Chase Ches Chris Cin CIT City Collin Col Cm Con Contgl Corn Cox Crane Crwn Cyprus Dana Dart Dayco Deere Del Diam Dr Dow Duke Easco East Eaton ESB News of BUSINESS and INDUSTRY THE STATE JOURNAL D-6 Oct. 29, 1971 hourly indexes for Friday (1941 43 equals 10). 425-Ind 20-RR 55-Util 500-Stks 11 a.m. 103.54 42.02 56.28 93.97 prv. clo al.

.103.54 42.07 56.2, 93.96 Dow-Jones Averages By United Press International 30-Ind 20-Tr 15-Util 65-Stks 11 a.m. 836.81 227.50. 111.76 291926 Net chg. Pct. Standard Poor's NEW YORK (UPI) -Standard Poor's, Sales (hds) High Low Last Chg.

Essx In 1.20 11 Ethyl Cp .84 ExCel 0 5 1734 Faberge .40 Factr .60 Fairch Cm Fairind FarahMf .44 Firestn 1.60 Flerning .50 FlintkoteC Fla Pw 1.68 FMC Cp .85 FdFairS .90 Ford 2.60 For Mck .80 FreptMn .80 Fruehuf 1.70 GAC GAF Cp .40 Gam Sk 1.30 Gannett .48 Gn AOI Gn Dynam Gn Elec 1.40 GnFood 1.40 Gn Host Cp Gen Instr 2k GenMills .96 GnMot 2.55b PubU 1.60 Gn Steel Ind TE 1.52 Gen Tire 1g Ga Pac Gerber 1.20 Getty 1.13b Gillette 1.40 Glen Alden Global Mar Goodrich Goodyr .85 Grand .80 Grant GrtA 1.30 GINNek 1.60 Gt West Fin GtWUn Grummn Gulf Oil Gulf Ws .60 hamm Pa Harrisintp HeclaMn 2k Heinz 1 Hercul 1.20b Hershy 1.10 Heublein .85 Hewltt .20 Hobart 1.20 Hoff Electn Hol Inns .25 Homestk .40 Honywl 1,30 HoUsLP 1.32 Howmet .70 Idaho 1.70 Ideal Bas .60 1.14 Ill Pwr 2.20 Imperial INA Cp 1.40 Ing Rand 2 Inland Sti 2 Insp Copp 2 B.M 5.20 IntHarv 1.40 Intl Mining Intl Nickel Int Pap Int 1.15 Itek Corprin Jantzen .60 Jef Pilot .88 JohnMv 1.20 John Jn Jones Jostens .70 JoyMfg 1.40 KaiserAl .50 Kan GE 1.44 Kelsy-H 1.30 Kennecott Kerr Mc .60 KiddeW KimbCl 1.20 Kraftco 1.70 Kresge .50 Kroger 1.30 23 24 12 12 12 34 G- 20 12 38 38 58 31 31 24 24 24 40 77 77 473 167 14 H- 17 17 51. 51 45 41 16 16 34 3 49 27 24 24 33 33 50 50 44 89 53 24 37 37 37 26 90 90 29 29 Leh LearSieg Pt .20 AN Livestock DETROIT -Thursday's closing livestock quotations: Cattle 100. Not enough slaughter steers or heifers on hand to test prices. Bulk of supply slaughter cows slow but hardly enough to fully test prices, few sales about steady. yield Slaughter grade 2-4 steers sold earlier in the week choice 975-1200 pounds 33.25-34.

Mixed good and choice 32.50- 33.50. Slaughter heifers one and one half rounds load choice 90 pounds sold on earlier 31.25. Cows late sales utility 21.25-23 largely 21.25-22.50 cutter 19.50-22 canner Vealers 50. Few sales steady. High choice and prime 150-250 pounds 46-48 choice 41-46 good 36-41.

Sheep 50. Not enough of any one class on offer to establish prices. Earlier in the week choice and scattering prime wooled lambs 90-105 pounds sold for Hogs 25. Not enough on offer to test prices. On closing sales Wednesday US 1-3 200-240 pounds barrows and gilts sold for US 1-3 300-400 pound sows Potatoes CHICAGO (AP)-USDA-Potatoes arrivals Thusday 19; on track 93; total U.S.

shipments 116; demand fair; market dull; carlot track sales: Washington Norgold 4.00; Oregon russet Burbanks 3.70. Egg Prices CHICAGO -Butter: wholesale selling prices Thursday unchanged; 93 score AA 67.784; 92 A 67.784; unquoted. Eggs: issued only on Wednesday and Friday. NEW YORK (AP)-USDA-Wholesale egg offerings generally ample. Demand light Thursday.

Wholesale selling prices based on volume sales. New York spot quotations follow: Standards Whites: Fancy large lbs. 47 lbs. min. 30-32.

Fancy, medium 41 average smalls 36 lbs. average 21-23. DETROIT (AP)-USDA--Egg prices paid per dozen Thursday by first receiv. ers including U.S.: Grade A lumbo 36-39; extra large 30-36; large 28-34; medium small 17-22. The market is barely steady.

Demand is ranging from slow in many quarters to Good in areas where retail promotions are in effect. Some retail specials noted as low as 31 cents per dozen on Grade A large. Trade is very competitive and discounting below current price ranges appears to be common. Supplies are plentiful. Grain Markets CHICAGO (AP) Thursday's closing grain futures prices: WHEAT: Dec 1.60¾; Mar 1.57½/; May 1.53¼; Jul 1.40¼; Sep 1.41¾.

CORN: Dec 1.16¼; Mar 1.21¼; May 1.24¼; Jut 1.26⅛; Sep 1.26½/; Dec. 1.26; Mar 1.30¼. OATS: Dec Mar May Jul Sep .67. CHICAGO (AP) The return to work of longshoremen at New Orleans and Philadelphia influenced active buying of commodity futures on the Chicago Board of Trade Thursday. Soybeans advanced 4 cents a bushel but closed a shade lower.

Wheat was up more than 1 cent, but weakened at the end. Corn was mixed at the close but oats advanced cents. At the close, soybeans were 10 cents a bushel higher, November 3.26¼; wheat was to cents lower, December 1.60¾; corn was unchanged to higher, December 1.16¼; and cats were to cents higher, December cents. Sales(hds) High Low Last Chg. Lehm 1.32b 5 LibbyOwn 2 Libby McNI Ligg My 48 48 Ling Temc 9 Litton Loews Lockheed Ind Cp 18 9 431 SEE: Lone Lon SIG 1.36 Lucky Store Lyke Ystn LukenS 14 14 1 MadiF 1.05b 24 14 Mar Oil 1.60 Marcor .80 170 MarMid 1.70 22 31 MarshF 1.10 34 34 34 MartMr 1.10 18 18 Massey Fer May DS 1.60 46 46 9- MayerOs .60 Maytg 11.0 37 37 37 McCroy 1.20 McDnD 203 28 28 McGr 1.40 McGr HI .60 Mead Cp 12 Memorex 155 Merck 2.20 Inc 3 MidSoU 1.02 1.85 27 119 119 Minn PI 1.30 MobilO! 2.60 66 Monogram 12 Monsnt 1.80 Motorola .60 117 MtStTel 1.36 10 MurpCo 1.20 x8 Nabisco 2.20 NtI Airl NatCash .72 NatDistil .90 Natl Gen .20 Ntl Gyp 1.05 NatSteel Natomas .25 Nev Pw 1.24 Newbery .50 NEngEl 1.56 NiagMo 1.10 NL Indust NoA Rk 1.40 NoNtGS 2.60 NoStPw 1.70 Nort Simon Occid Petr 1 Ogden Corp Ohio Ed 1.54 OklaGE 1.24 OklaNG 1.24 OlinCorp .88 Omark 4k Or Rckl 1.20 Otis Outbord El Co 2 OwenCF .75 Owen 1.35 Gs 1.64 Pac Ltg 1.60 Pc Pet PacPwr 1.44 Pc 1.20 Pan Am WA Panhdl 1.80 Penn Centr Penney JC Penn Dix 4k PennPL 1.60 Pennzoil .80 PeopGs 2.08 PepsiCo Pfizer Phelp 2.10 PhilaEl 1.64 PhilipM 1.20 PhitPet 1.30 Pitney .68 Polaroid .32 Proct GI 1.64 PurexCp .84 Purolat 1.60 Ralston .70 Raython .60 RCA Corp Reading Co Rep StI 1.60 Revioninc 1 Rey Ind 2.40 Rey Met .60 Riegel .60 RoanS 1.17b Robshaw .70 RochG 1.20g Rohm 1.60g Rohr Cp .80 RoyalCC .54 RoyID 1.76b Safewy 1.30 StJoMin StRegis 1.60 Sang Ele .40 SaF Ind 1.60 Schlum 1.40 SC Corp ScottPap .50 Sears 1.40 ShellOil 2.40 SierraPc .80 SignalCo .60 SimnCo SingerC 2.40 SmithK 2 SoCalEd SouthCo 1.26 1.40 SouPacific 2 SoRailwy 3a SowstPS .74 SpRand SqureD Squibb 1.12b St Brnd 1.60 Std Kollsmn StOICal 2.80 StdOlnd 2.30 Std NJ 3.80b StdOhio 2.70 SterlDrg .80 StewWn 1.80 StudeW 1.20 SunOiICo 1g -SunshMn .52 Sup Oil 1.40 Swift Co .70 Tandy Corp Teledyne 3k Teneco 1.32 Texaco 1.60 TexETr 1.52 TxGasT 1.52 TxGuSul .60 TexInstr .80 TexUtil 1.92 Textron .90 Thiokol .40 Timken 1.80 TraneCo .90 Transam .55 Tra Un 1.28 Trans Air TriCon 1.77b TRW Incp 20thCen Fox UAL Incorp UnCarbide 2 Un Elec 1.28 UnOCal 1.60 Un Pac Cp 2 Uniroyal .70 Aircr 1.80 UnBrand .30 Utd Corp .50 US Gypsm US Indus .60 USPlyCh .84 US Smelt 16 US Sti 1.60 US Tob 1.20 UtdUtilit .96 UnivOil Upjohn 1.60 Utahint UtahPL 1.92 Varian Asso VendoC VictorCC .50 Va Elec 1.12 Walgreen 1 WarnrL 1.30 Wash 1.36 WsBanc: 1.30 WUnion 1.40 West El 1.80 Wstvac 1.05 Weyerhs .80 WhelPitt StI Whirlpl 1.60 White Motor Whittakr Cp Cp WinnDx 1.74 Woolwh 1.20 XeroxCp .80 ZaleCorp .64 Zayre Corp 21 16 135 49 15 43 40 37 92 21 56 120 14 6 24 46 46 10 54 56 366 15 15 9 112 51 17 26 15 40 40 10 35 35 78 x19 PP22 16 9 8 84 12 12 3 5 5 23.

23 23 133 112 28 37 175 54 50 59 x94 28 28 20 20 46 17 14 2578 18 18 18 18 3 10 32 32 181 4 20 58 55 55 1678 73 18 25 31 31 38 28 9 13 5 x38 5 3 31 x50 38 54 15 47 16 34 16 67 67 21 48 54 21 3 41 128 85 23 23 24 13 78 78 8 3 58 16 89 w5 84 11 467 31 31 31 50 40 40 51 51 17 160 160 160 12 T- 47 32 32 52 505 23 x283 x16 43 101 2 20 27 14 14 50 154 40 19 31 81 9 x284 20 99 778 27. 65 246 37 6 37 37 37 47 94 18 64 20 52 V- 18. 15 5 13 19 19 146 211 13 37 42 x40 32 69 5 24 24 24 48 XYZ 106 203 26 Ten Most Active Stocks MOST ACTIVE N.Y. STOCKS 10 active NEW stocks traded on the New York YORK (UPI) The 10 most Stock Exchange at Noon Friday. Chg.

Sales Noon Damon Cp 75,600 99,000 Am Stand pf 60,900 Bdcast Am 55,400 60 Telex Ryder Syst 50,800 10 Tenneco Johnson 38,800 50,600 23 Hwd Gen Foods 35,800 421 Am 33,700 Fairch Cam 33,200 10 NEW MOST YORK ACTIVE (UPI) AMEX The 10 STOCKS active stocks traded on the American Stock Exchange at Noon Friday. Noon Chg. Sales 73,000 Empire Fncl Indust 41,700 7 Yatest Cp 24,200 Allegheny Airi 13,000 14,400 9 201 Champ Home 12,700 Hospital Aff Bow Imperial Overseas Asamera Valley Oil Oil Shphid 12,200 10,500 12,300 12,200 Local Stocks Bank Trust 31 6.4 32.4 6.6 American George Jackson National 1.6 2.2 Washington Planet Provincial House 6.1 6.5. 4,6 5.2 7.5 8.1 Tranter Michigan National 31.6 32.4 17.S. Treasury (AP) The Report cash posiof the Treasury Oct.

26, 1971 comWASHINGTON tion pared to Oct. 26, 1970 (in dollars): Balance Deposits 65,172,447,851.51 July 61,682,706,492.73 Withdrawals fiscal year 76,973,237,770.95 74,420,059,961.16 Total 1 debt 382,831,462,766.47 Gold assets 10,132,175,896.44 11.117,057,592.50 x-Includes 625,443,359.30 debt not subject to statutory limit. DETROIT (UPI) Allied Chemical Corp. will install a closed pipeline charging system on its 70 coke ovens to reduce air pollution at the Semet-Solvey Division plant, it was announced. cial incentives--grants and easy government loans- -offered to manufacturers wishing to set up in Northern Ireland.

The gap left by the foreign companies has been filled by British firms and the expansion of existing Northern Ireland industries. A government committee is currently studying future economic development and methods of stimulating private investment and is due to make its report at the end of the year, It is expected to press hard for increased public investment. The rioting has had an inevitable effect on tourism, one of Northern Ireland's major industries. Tourist revenue stood at $67.2 million in 1968 and dropped to $55.2 million last year. FUNNY BUSINESS By Roger Bollen HOW COME EVERY WINDS UP TIME YOU "DO 400R COSTING ME 8 OWN THING' MONEY 194 U.S.

Reg. HEA, by 1971 1 Ohio City Becomes Financial Guinea Pig By RON REICHMANN COLUMBUS, Ohio (UPI)The affluent suburb of Upper Arlington, where residents are known in market studies as "first this month took a giant step toward becoming a checkless, cashless society. In an experiment undertaken jointly by the City National Bank and Trust Columbus; IBM and National BankAmericard, residents of the community are being used as national financial "guinea pigs." It involves a six-month test of computerized credit card transactions. experiment in the electronic transfer of cash--a test that could pave the way for a less-cash, less-check society everywhere came about at the urging of the Federal Reserve System. The Fed called on bankers to eliminate the paper jam in banking and move toward electronic transfer.

Among officials on hand for kickoff of the experiment was George W. Mitchell, a member of the board of governors of the Federal Reserve System. Explaining the urgency to reduce the volume of paper money, Mitchell said, "Unless we (banks) free ourselves from the need to create a new piece of paper. we are going to be overwhelmed by paper in the form of currency and checks." In a promotional brochure aimed at the 38,000 residents of Upper Arlington, City National explained why the central Ohio community was selected for the test. "Well-educated, upper income, sophisticated peopleUpper Arlingtonians are known in the market studies as 'first adopters', people who react eagerly to new ideas." For the credit card experiment, special IBM terminal units were installed near cash registers at 27 locations in three shopping centers.

The terminals validate BankAmericard transactions and connect with a City National computer for the electronic transfer of funds. Customers coming through checkout lines present credit cards to the clerks who use special telephones to link their terminal unit with the bank computer. The clerk places the card in the terminal and keys in the amount of transaction on a keyboard similar to a touchtone telephone. The computer reads information on a magnetic strip on the back of the credit card and, by actual voice response, the computer confirms the amount of transaction and authorizes the sale. One asset of the system is that should the card be reported lost or stolen, the computer captures information relative to the sale.

The purchase is automatically debited to the customer's BankAmericard account and the customer is billed on his monthly statement. The big boon to the merchant, however, is that he receives his cash instantly and electronically without paper, without going to the bank. At the end of the day the store owner may also use his terminal to reconcile his account. In an adjunct to this experi- AMC Profit On Upturn CHICAGO (UPI)-The board chairman and chief executive officer of American Motors Roy D. Chapin said Thursday the dollar volume for the company's fiscal year ending Sept.

30 will approach $1.3 billion. Chapin declined to reveal exact figures pending a review by the company board in mid-November. But he said AMC had a profitable fourth quarter, and he would "stick to my earlier estimates of $1.3 billion." Chapin said earnings would be better than 32 cents per share. Classified Classified Obituaries and Funeral Notices DEATHS CARTER. STEVEN D.

4429 DeCamp Holt Religious services were conducted by Rev. Erwin Tuinstra at 1 p.m. Friday Church. at the Holt Baptist Ridge with interment in Maple Cemetery, Memorials may be made to the Holt High School. Arrangements were by the EstesLeadley Holt Chapel.

16 11 276 4 9 16 23 6 101 12 -G. 76 82 10 10 15 267 353 19 15 21 140 38 3 153 8 105 36 172 17 27 121 6 240 32 x217 36 -H. 7 3 19 9 17 38 50 12 30 21 14 14 33 45 13 13 15 137 108 15 66 59 27 132 31 163 34 O- 21 28 2 11 114 46 101. 34 18 BRODNAX, JOHN 1401 W. Main St.

Age 50, died Oct. 29. 1971 at a local hospital. Mr. Brodnax had been a resident of Lansing for the past Osceola, 5.

years, coming here fromArk. Surviving are 8 children; 2 sisters, Mrs. Clara Mae McGee and Mrs. Elizabeth Douglas, both of Lansing; 4 brothers and several aunts, uncles, nieces and nephews. Funeral later arrangements the will be announced by Riley Funeral Home.

ment-which will end midApril of next year, City National also is testing what it calls the first "total teller," an around-the-clock banking machine called the Bank 24, on one of its Upper Arlington branches. With the automated machine (the only human operation according a bank spokesman "will be to fill it with a customer can make deposits and withdrawals without filling out a lot of forms. Just push the right buttons. If the customer's balance is insufficient to cover the amount he wishes to withdraw, the machine will make him a quick loan, with interest of course. Stock List Drifting Aimlessly NEW YORK (AP)-The stock market drifted aimlessly in quiet trading today.

It was unable to maintain the momentum that on Thursday pushed the Dow Jones average of 30 industrials to its first gain in 12 sessions. Wall Street analysts dismissed the Dow's small gain Thursday as a technical jiggle in an oversold market. Investors continued to hold back because uncertainties about Phase 2 of the Nixon administration's economic program, analysts said. The noon Dow industrial average was off 1.54 at 836.08. The Associated Press 60- stock average at noon had dipped .5 to 307.3 with industrials off .8, rails off .6 and utilities unchanged.

Advances maintained a gain of about 140 over declines among issues. traded on the New York Stock Exchange. Big-block transactions included 97,200 shares of Damon off 1 at 42, and 74,900 shares of American Broadcasting, off at U.S. Trade Improves WASHINGTON (AP) America's balance of trade moved into the black in September for the first time in six months, but administration analysts say it was due to the rush to beat the dock strike, not President Nixon's added import duty and dollar devaluation. Both imports and exports shot up to record levels as businessmen rushed to beat the Oct.

1 East and Gulf Coast dock strike. The Commerce Department said exports outpaced imports by $265.4 million. For the previous five months, imports ran from $205 million to $362.6 million a month more than exports. Assistant Commerce Secretary Harold C. Passer said the full impact of Nixon's new foreign trade policies announced Aug.

15 "is still not and the September figures are not an indication that they have taken effect. Exports last month reached $4,510.6 million, highest in history, while imports were a record $4,245.2 million. Gate Shift Made By Air Michigan Beginning Monday, Air Michigan Airlines flights at Detroit Metropolitan Airport will use United Air Lines' Gate 57 in the North Terminal to load and unload passengers. United will also handle ticketing for Air Michigan passengers in the North Terminal. Air Michigan has been using Mohawk Airlines facilities at "Metro." United began handling Air Michigan ticketing and bagat Capital City Airport 3.

HORNUS, MR. HAROLD H. 3220 Stabler St. Oct. 58, died at a local hospital ments will 1971.

Funeral arrange29, Lea announced Funeral later Home. by the HODGSON, MR. ARTHUR RAY 1527 Owen St. Age 44, died Oct. 28, 1971 in Lansing.

He was a lifelong resident. He was employed at Fisher Body for 20 years. Surviving are his wife, Mrs. Joyce sons, George, Loren and Lloyd, all of Lansing; 3 sisters. Mrs.

Doris Hayes and Mrs. Katherine Cannell, both of Lansing and Mrs. Loretta Larner, of Mason. Religious services will be conducted by Mr. Robert A.

Jannereth at 1 p.m. Monday at the Estes-Leadley Holt Chapel, with interment in Maple Ridge Cemetery. -E 36 117 14 26 2 LAMPHERE, CARL SR. 804 W. Washtenaw Age 26, died October 28, 1971 at a local hospital.

Born January 25, 1945 in Stockbridge, Mr. Lamphere had been a resident of Lansing for 25 years. Surviving are the wife, Sarah Marie; two daughters, Penny and Michelle: one son, Carl James stepdaughter, Carla Martin; stepson, Joseph Martin; parents, Mr. and Mrs. Adren Lamphere of Laingsburg; five sisters, Miss Brenda Lamphere of Laingsburg, Mrs.

Viola Ledsma of Lansing, Mrs. Joan Allis of Brighton, Miss Charlene and Miss Janet Lamphere, both of Lansing; brother, Mike Lamphere of Laingsburg. Funeral services will be held Saturday, 1 p.m. at the GorslineRunciman Funeral Home with Rev. Donald McElwee, pastor of the Bethel Alliance Church officiating.

Interment in Bailey Cemetery, near Alma. Pallbearers will be Leon VanWarmer, William Thurman, Farrel Alward, Massen Martin, Stephen La Lone and Ronald Collins. MECK, ARTHUR W. JR. 4729 Starr Ave.

Age 48, died Thursday, Oct. 28, 1971 at a local hospital. Mr. Meck was a veteran of World War II serving with the U.S. Army.

He was a member of the Teamster Union Local 580, he was employed by the Inter-city Trucking Service for the past 4 years, prior to that a driver for Howard Sober Inc. for 13 years. Surviving are wife, Marguerite; 5 sons, Jim of Holt. David with the U.S. Army stationed in Germany, Ronald and Bruce, both of Lansing, Steven of Princeton, New Jersey; 2 daughters, Miss Toni Meck of Bronx, New York, and Miss Laurie Meck of Princeton, New Jersey; 1 stepson John Moffitt of Lansing; 1 step-daughter, Miss Sandy Moffitt at home; 1 granddaughter Jennifer Meck, Holt.

Contributions may be made to the Michigan Division of Services to Crippled Children. The family will receive friends Saturday and Sunday from 2 to 4 p.m. and 7 to 9 p.m. The funeral arrangements will be announced later by the Palmer-Bush Funeral Home. FUNERALS AVERILL, MRS.

SYLVIA L. 1907 John St. Funeral services will be held Saturday at 11:30 a.m. at the Gorsline-Runciman Funeral Home with Rev. Donald McElwee, pastor of the Bethel Alliance Church officiating.

Interment in Chapel Hill Memorial Gardens. CLARK, MR. WILLIAM B. 3330 Glenbrook Dr. Religious services will be conducted by Dr.

Charles A. Jones of the Judson Memorial Baptist Church at 1 p.m. Saturday at the Estes-Leadley Colonial Chapel. with interment in Eastlawn Mem- FROST, MR. JAMES C.

5528 S. Logan St. Religious services were conducted by Rev. William S. Hill of St.

Paul's Episcopal Church at 11 a.m. Friday at the Estes-Leadley Colonail Chapel, with interment in Chapel Memorial Gardens. KEILHOLTZ. MRS. ETHEL E.

3305 Avalon Religious services were conducted by Rev. Donald H. Merrill of the Mt. Hope at United Methodist Church 2:30 p.m. Friday at the Estes-Leadley Colonial Chapel, with interment in Chapel Hill Memorial Gardens.

STAFFORD, MRS. BLANCHE M. 522 S. Magnolia Funeral services will be held Saturday at 10 a.m. at the GorslineRunciman Funeral Home with Rev.

Emeritus Royal S. Woodhead, pastor Church officlating. Interment in of the Faith Wesleyan Chapel Pallbearers Memorial Gardens. Lyle Leland. will be Ken Carter, Ray Wickering.

Pete Witchell. Joe O'Donnell and George Wylie..