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The Bismarck Tribune from Bismarck, North Dakota • 18
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The Bismarck Tribune from Bismarck, North Dakota • 18

Location:
Bismarck, North Dakota
Issue Date:
Page:
18
Extracted Article Text (OCR)

PagaiB Thursday, October 18, 1984 The Bismarck Tribune AG PRICES SO. ST. PAUL We're making more money, but wo're also spending moro Grain, soyboan close down a bushel; corn was 3 cents lower to cent higher with December at $2.79 a bushel; oats were 1 cent lower to cent higher with December at $1,814 a bushel; and soybeans were 1 cent to 5 cents lower with November at $6.29 a bushel. IJVE FUTURES Chicago (AP) Futures trading on the uufanlil PvrhAna wed. eng.

Open Higk Lew Settle CATTLE cents par lb. 62 55 62 5 42 55 62 57 40.000 Oct Dec Feb Apr Jun Aug .02 -i; 44 45 44 50 44 17 64 TO 44 9 7 45 10 44 15 44 90 44 20 46 27 44 12 44 20 4647 44 50 44 40 44 42 44 45 44 45 44 30 44 30 62 75 42.40 42 70 62 40 Oct Prw ale 6.549 figures could signal that the revision will show the economy slowed less than originally AGRIBUSINESS thought. However, some economists have predicted that other signs of sluggish growth will translate into an even lower figure than the original 3.6 percent estimate. THE REPORT on income and outlays showed personal income rising by 0.9 percent following gains of 0.6 percent in August and 0.7 percent in July. It was the strongest gain since a similar 0.9 percent rise in June.

The rebound in personal consumption spending, which includes virtually everything but interest payments on debt, follows a 1.6 percent jump in retail sales in September. The personal spending increase included a $4.5 billion increase for durable goods, compared with a decline of $6.6 billion in August. The report said that the August decline and the September gain were due to a fall and then a rise in auto purchases. Purchases of nondurable goods, items intended to last less than three years, increased $18.4 billion in September, compared to a decline of $3.1 billion in August. AMERICANS' WAGES and salaries were up $11.7 billion in September, compared to a $3.8 billion August gain.

The big gain came in the service industries, where payrolls rose by $6.2 billion. Manufacturing payrolls declined $1.8 billion in September with about one-third of that drop attributed to the strike against General Motors Corp. Other details of the income and spending report: Personal income rose $26.1 billion in September to a seasonally adjusted annual rate of $3.07 trillion. Disposable, or aftertax, income rose 0.8 percent in September. WASHINGTON (AP) Americans' personal income rose a strong 0.9 percent in September while consumer spending, after showing no gains for two months, shot up by 1.4 percent, the government reported today.

The Commerce Department said the rise in consumer spending was the strongest since a 1.6 percent gain in April. Since that time, spending has been on a downward slide, posting no gains at all in July and August. ECONOMISTS HAVE cited the drop in consumer buying as one of the key reasons for the dramatic slowdown in overall economic growth since June. Total economic output, after surging ahead at rates of 10.1 percent and 7.1 percent in the first and second quarters this year, slowed to a 3.6 percent pace from July through September, according to a preliminary estimate last month. The government will revise that estimate tomorrow, and today's CHICAGO (AP) Grain and soybean futures prices were mostly lower at the close of trading yesterday on the Chicago BOcJd of Trade.

At the close, wheat was l1 cents to 24 cents lower with the contract for delivery in December at $3.484 MPLS. CASH MINNEAPOLIS AP Wheat receipts Wednesday 150, a year ago 109, spring wheat cash trading basts up 2 cents; prices up xn cent. No. 1 dark northern ordinary 17 protein; 3. 63 nominal 4.67'-j nominal.

Test weight premiums: zero to one cent each pound 58 to 60 tbs; one cent discount tor each 'j pound under 58 lbs. Protem prices; ordinary, 3 63' nominal up 1 7 11 percent. 3 63l i nominal up xn 1 2 percent, 3 72 nominal up 3, 13 percent, 3 i up ''j; percent, 4.40'i up Vj, 15 percent, 4.29' up li: 15.5 percent, 4.47Va nominal up 16 percent, 4.59' up V); 17 percent, 4.67' nominal up No. 1 hard Montana winter I.Wf nominal UP ''J. Minn D.

No. hard winter 3.69"i up No. 1 hard amber durum; milling 4 40 4 60, terminal Minneapolis, 4.27 nominal, Duluth, 4 38 nominal; Prices unchanged to up 5 cents. Number traded: milling 36 cars; top traded milling 1 cars. OH grade as low as 4.27 nominal Minneapolis, 4 38 nominal Duluth.

Discounts, amber 5 cents; durum 10 cents. Corn No. 2 yellow 2.78 nominal down 1. Oats No. 2 extra heavy white 1.85 nominal 1.91 unchanged to up I.

Barley cars 50, a year ago 62; Malting 65 PI, MorexRobust 2 40 2.50 unchanged, Glenn 2-35 2.45 unchanged. No 2 teed barley; Minneapolis 2. 13 nominal unchanged; Duluth 2.30 nominal down 3. Rye No. 1 2.08 nominal 2.10 unchanged; No.

2 2.05 nominal unchanged. Flax No. 1 6 25 nominal unchanged. Soybeans No. 1 yellow nominal down Sunflower seeds; Minneapolis 11.90 nominal unchanged; Duluth 12.00 nominal down 20.

CHICAGO PRODUCE CHICAGO (AP) (USDA) Butter Wednes day is uncnanoed: AA 1.5775 1.5975, A 1.5775- 1.5850. Eggs: trade sentiment range from steady to weak Wednesday. Sales delivered to volume buyers are lower: A extra large A large .57 .59, A mediums .51 .54. Prev day's open int 39,309, off 3M. FEEDER CATTLE 44.000 cents per lb.

Oct 45 95 44 20 45 91 44 IS Nov 47 50 47 52 47 37 47 42 Jan 48 90 49 00 68 90 64 95 War 69 40 49 45 49 45 49 42 Apr 69 35 69 35 69 35 69 35 May 68 45 48 45 48 37 48 37 Aug 47 95 47.95 47.95 47.90 Prv 414 20 10 .05 Prev day's open int 4,473, off 111. HOGS .10 SOU 'H ST PAUL, Mnn. (AP) USDAJ Today's cattle and caives: 1,900. Sia1.9f.ter steers, tw iters, leers, cows and buits moderately active, steady Meat SOU feeders expected tor auction. Slaughter steers: Choice 2 4, 1050 1150 lbs 50 60 00, upper limits grade not tested.

Mixed aood and choice 2 3, 10U0 1250 tt H.00-59.50 Good 2 3. SS SO 5 00. Hoisiein sieers: Choice 2 3, 1200 1500 ttos S5 00 54 SO Mixed oood and Choice 2 3. 1100 1500 lbs 53 SO S5 00 Good 1 2, 1000 1500 lbs 50.00-53.50 Standard and low 9000 12, SO 50 00. Siaognier betters.

Crtotce 2 4. 950 1100 tbs Sa OO 59 00 Mixed good and choice 2i, S0 1100 lbs 56 00 58 00 Good 2 3. 52 00 56 00 Slaughter cows: Cutter and boning utility 1-3. 35 00 38 00, tew 39 00. Breaking utility and commercial 2 4, 36.00 38 00, tew 39 00.

Canner and low cutter 1 2, 30 00 35 00, Shelly or light weight 25 00 30 00 Staugnter bulls: Yield grade 1 2, 1400 2100 lbs 44.00 49.00; 1000 1400 lbs 39 00 45 00. Vealers: 100. Choice and prime 140 250 lbs 50 00 75 00; good and choice 140 250 lbs 35 00 55 00; 100 140 lbs 30 00 45.00; 70 100 lbs 25 00 40.00. Hoistein bull calves on country account 200 lbs 45.00 80.00. F-or the week: Receipts week to date 9,000 compared with 9,400 a week ago and 11,300 same period a year ago.

Compared late last week, slaughter steers fully 50 higher. Slaughter heifers 50, instances 1 00 higher. Hoistein steers mostly steady, instances 50 lower. Slaughter cows weak to mostly 1.00 tower. Slaughter bulls steady.

Hogs: 4,000. barrows and gilts moderately active, 50 100 tower. U.S. 1 2, 200 260 lbs 42.50 43.00, late mostly 43.00 US 1 2, 260 280 lbs 42 00 42 50 U.S. 1 2, 280 300 lbs 41 00 42.00 Sows: Moderately active, under 500 lbs 50 to mostly 1.00 lower; over 500 lbs steady to SO lower.

U.S. 1 3, 300 360 IbS 38 00 39 00 U.S. 1 3, 360 500 IbS 35 00 37 00 U.S. 1-3, 500 650 IbS 39.50 40.00, few 40.50 Boars. Over 300 lbs 36.00 36.50.

WEST FARGO WEST FARGO (AP) (USDA) Today's cattle: 500. Slaughter steers and heifers mostly steady. Not enough other classes early to adequately establish trends. Slaughter steers: Choice 3 1170 1265 tbs 59.00 60.00. Few good and choice 2 3 1080 1295 lbs 57.50 58.25.

Lot choice hOlsteins 2 3 1482 lbs 54.00. Good and choice hoistems 2 3 1250 M00 lbs 52.00 53 .00. Few standard to mostly good 2 3 1120 1320 lbs 48 00 50.00. Slaughter heifers: Few mostly choice 3 1000 lbs 57.00 57 50. Cows: Few canner and cutter 1 2 31 00 35.50 in a limited test.

Hogs: 600. Early sales barrows and gilts steady with Wednesday's full decline. Sales as of 10:45 a.m. U.S. 1 2 220 255 IbS 42.00.

U.S. 1 3 260 275 IbS 40.00 41.00. Sows 50 lower. U.S. 1 3 380 500 IbS 35.00.

Boars 33.00. Sheep: 200. Slaughter lambs not tested. Feeder lambs steady with Wednesday's de ctine. Slaughter ewes steady.

Feeder lambs: Choice 65 105 lbs 60. 50 61.50. Slaughter ewes: Cull and utility 6.00-12.00. Late Wednesday lot choice wooled slaughter lambs 1 19 lbs 50 lower at 61 .50. CHICAGO FUTURES CHICAGO (API Futures trading on the Chicago Board of Trade Wed.

Open High Low Last Chg. WHEAT 5,000 bu minimum; dollars per bushel Dec 3.50 3.51 3.47C) 3.463 Mar 3.58' 3.58"? 3. 55' 3. 54' JSVn Way 3 56' 3.54' 3 54 3 54 Jul 3.42' 3.42' 3.403 3 4114 Sep 3.47' 3 47'j 3.44 3.44 Dec 3.60 3.60 3.58' 3.58' Prev. sales 8,343.

Prev day's open int 40,447, up 701. CORN cents per lb. 44 70 45 10 44 44 87 44 85 47 07 44 55 44 70 48 97 49 17 48 47 48 92 44 00 44 32 4590 45 97 49 45 49 70 49 30 49 55 50 45 50 70 50 40 50.40 48 5 5 48 55 48 55 48 65 46 50 44 70 46 50 46 30 30,000 Oct Dec Feb Apr Jun Jul Aug Oct Dec 47.25 47.30 47.05 47.60 MIDDAY GRAIN MINNEAPOLIS (API Minneapolis Grain Exchange future prices, 11:45 a.m. December corn 2 78 down cash corn USDA 2 77, November soybeans 6.21J4 down 64, cash soybeans USDA 6.174, December spring down 1, December winter wheat 3.48Va down Vj, December oats 1.804 down December white wheat 3.81' down March white wheat 3.87W down l'3. May white wheat 3.89'4 down U.

NEW YORK STOCKS OTHER MARKETS Cuts in oil prices hurt market SOUTHWEST GRAIN GLADSTONE October 17, 1984 .14 27 16- ..7 53 344 1 9 816 22' ..12 829 23 7 54 274 8 124 2934 6 1186 1244 10 8288 29' 17 8 4534 6 217 24' 1423 4' 10 747 37'- Vl 16 40 3134 8 6)0 51 8 1328 U2434 '4 10 2886 40 20 370 43 16 91 23' 12 2987 36- 415 15 5 4309 14' '4 10 648 78' 7 633 36'-l 11 195 42' 16 1236 28' 12 255 31'4 '4 13 21 '4 .13 84 26 OVER THE COUNTER PIPER, JAFFRAY HOPWOOD, Inc. OVER THE COUNTER STOCKS Quotations from the NASD are representative inter dealer prices as of the market close, tnter dealer markets change throughout the day. Prices do not include retail markup, mark-down or commission. Advanced Semiconductor lVV 20 Analyst International 534-6 Apogee Enterprises -B BIW Cable Systems S3 6''a California Microwave. BH il4 Consul Corp 7 CPT Corp Vf 8 Deltak Corp I V'i Energy Reserves 3l3i6 International Clinical Labs 17 17V International Dairy Queen 40-41 Kroy 12 12Vj MCI Communications 73V7'i Metropolitan Federal 10 lOMt Minnesota Fabrics 94 10V4 Northwestern Nat'l Lite 25 25 Ottertail Power 27'j-27'ii Reuters Inc.

l07-ll' Webb Co IIV4-IR4 Western States Life 11-12' 16 241 16' 7 243 15'- 9 206 32' .18 1188 36 12 1181 38 Pacifcp 2.32 PanAm PanhEC 2.30 Parson 1 Penney 2.36 PaPL 2.48 Pennzol 2.20 PepsiCo 1.68 PerkEI .50 Pfizer 1.32 PhelpD PhilaEI 2 20 PhilMr 3.40 PhilPet 2 40 Pilsby 1.56 Pioneer 1.24 PitnyB 1.04 Pittstn Pneum .60 Polarid 1 PortGE 182 ProctG 2.60 PSvCol 1.92 PSInd 1 PSvEG 2.72 PugetP 1.76 PulteHm .12 Pyro QuakO 2.48 QuakSO Questar 1.44 RCA 1.04 RalsPur .92 11 9 85 7034 4 GtAtPc GtNNk 51.40 GtWFin .88 Greyh 120 Grumn .90 Glfwst .90 GltStUt 1.64 Halbtn 1.80 Harlnd .92 HrpRw .80 Harris .88 HeclaM Heilmn .48 Herculs 1.44 HewlPk .22 Holiday. .90 HollyS 1 Hmstke .20 Honwll si 90 HospCp .50 Hotel in 2 60 Houslnt 1.75 Houlnd 2.48 HOUNG 2 HughTI .48 Human .60 IC Ind 1.30 IRT Pr sl.60 ITT Cp 1 IU Int 1.20 IdahoP 3.28 IdealB IllPowr 2.64 ImpCh 2 12 38'4 26 34 230 IS 468 26J4 '4 9 787 56 NEW YORK (AP) The stock market was mixed today amid new signs of downward pressure on world oil prices. The Dow Jones average of 30 industrials dropped 3.20 to 1,192.69 by noontime on Wall Street. Gainers held a 6-5 lead over losers among New York Stock Exchange-listed issues. Norway and Britain have announced cuts this week in their prices for North Sea Oil.

There were reports today that Abu Dhabi had also lowered its official price. The Organization of Petroleum Exporting Countries said its members' oil ministers will meet in Geneva on Oct. 29 to consider the pricing situation. Donald Hodel, the U.S. energy secretary, told a convention in.

London that he doesn't believe oil prices "can stay much above" $25 a barrel in the next few years. As that sequence of events began to unfold, energy stocks declined broadly on Wall Street Wednesday, depressing many of the market indexes. Volume on the Big Board came to 54.24 million shares at noontime, up from 38.58 million at the same point Wednesday. 3 1331 39'4- 5,000 bu minimum; dollars per bushel 26 '4 13 Dec 5 116 1534 10 1167 54' 8 3138 18 2 199 8 6 5554 25' '4 8 815 3234 6 1012 21' 2.81 2.61' 2.76'4 2.79 2.863 2.87' 2.85'4 2.85' 2.92' 2.923-4 2.90' 2.90' 2.95 2.95'. 2.93'! 2.93' 2.883,4 2.89'j 2.88'4 2.89 2.85' 2.863i 2.8434 2.8534 2.94 2.94 2.93 2.93' sales 20,629.

Mar May Jul Sep Dec Mar Prev .18 1995 12V2 1534 8'- 7 78 14i protein 3.38 15 protein 3.42 16S protein 3.58 Durum 3.55 No. I hard amber 3.60 Barley 1.81 Oats 1.25 New Crop Sunflowers 10.23 Sunflowers 10.43 NONFERROUS METALS NEW YORK (AP) Spot rtonferrous metal prices Wednesday Aluminum 45.25 cents per pound, NY Comex spot month closed Tue. Copper 62s 65 cents a pound, U.S. destinations. Copper 54.05 cents per pound, NY Comex spot month closed Tue.

Lead 22 26 cents a pound. Zinc 45 centsapound, delivered. Tin S6.0251 Metals Week composite lb. Gold $340.55 Handy Marman (only daily quote). Gold $338.90 per troy ounce, NY Comex spot month closed Tue.

Silver $7,275 Handy Harman (only daily quote. Silver $7,245 per troy ounce, NY Comex spot month closed Tue. Mercury $327.00 $335.00 per 76 lb flask. New York. Platinum $322.00 domestic merchant troy ounce, N.Y.

GOLD By The Associated Press Selected world gold prices Thursday: London morning fixing $338.25, off $2.30 London afternoon fixing $339.50, off $1 .05 Paris afternoon fixing $336.52, off $2.93 Frankfurt fixing $339.00, off $2.00 Zurich late afternoon bid $339.50, off $340.00 asked 10 182 70' 12 343 17' 144,355, Off 726. Prev day's open 10 1077 4334- 708 14' ..13 563 25V4- I I- 7 406 2534 ..10 17 18' 8 3993 29 34 ..8 168 15' V4 7 1824 U37'4 8 16'4 5 865 22'4 10 521 32 30 8 A I CLOSING PRICES Previous day prices for stocks of local interest, as provided by Piper. Jaffray Hopwood Inc. Ramad Ranco .84 RangrO 1.40 Raythn 282 10' impup INCO Inexco 5,000 bu minimum; dollars per bushel Dec I.8IV2 1.813,4 1.81 1.811'! Mar 1.81'4 1.81V2 1.80V, 1.804 May 1.78Vj 1.78Vj 1.77V4 1.77V2 .01 Jul 1 76V, 1.77 1.76 1.76 -OOV4 MPLS. FUTURES MINNEAPOLIS (AP) I Open High Low Settle Chg.WHEAT 5.000 bu nor hiichai .20 .14 ReadBt 7- 16 263 .40 .60 42 4Q3 2.60 IngerR ReichC RepAir Revlon inidMi .50 .60 1.84 9 1 54 27 .12 677 37' '4 13 846 33' 11 248 6- 7 2 16J4 8 308 5'- '4 15 1092 40' 38 96 934 9 1 2 32' 13 1054 5' 12 1790 38' 9 79 1 66 1 6 1397 32 14 87 25 10 578 19 9 S46 28- 9 265 44' '4 .14 57 29 708 10'4- 4 6879 46 9 687 49'4 Intrfst CnllPS 160 CnSoya .84 Reynln 3.20 NEW VOftK AP) Midday national prices for New York Stock Exchange issues 307 22 7 181 12 ..7 4 46' 12 2669 122' 14 341 25' '4 2.60 270 Ul7 31 1434 '4 18 9' 6 18 '4 Last Change 37 1 4734 .1 27 -3 27 113 24 -V4 36 Vj 4734 -3ft 39 V4 5'B '4 5634 -23 293 Intrlk IBM 4.40 American Natural Resources Burlington Northern Clark Equipment First Bank Systems Frontier Lee Enterprises ME I Corporation North American Coal Northwest Airlines Republic Airlines Standard Oil of Indiana Super Valu Dec 3.79 3.79', 3.77U 3.77V, 10 IntFlav 1.08 ReyMtl RiteA Robins Rockwl CentrDt Crt teed CessAir Chmoln Mar 6 559 .76 I 3.85 3.89 .60 .40 .40 .40 May 3.85'2 3.84 3.84 .01 3.89 x3.88 3 88 3.86V, .12 116 39 ChamSp viCnrtC 1 08 Rohrln Rorer Rowan 50i JUI Prev.

sales 1,716. Prev day's open int 7,016, up2. viCht wt 11 654 50 7 517 36 -134 7 59 31 '4 'A 13 2106 32' 11 105 27 .11 24 28 16 63 2334 V4 9 878 35'4 '4 Chase 3.65 ChesPn 1.92 Chevrn 2.40 CNWst ChiPnT 362 41' Franchise owner beats Amoco 8 287 25'4 21 81 53 34 A A AWF .50 152 213 164- AWS 4 5992 30'4 ASA 3a 178 56' AbtLab 1.20 13 1719 40'e Aertlex 11 100 12 AetnLI 2.M 33 1534 35'i AirPrd 1.20 9 475 42 AISkAir .14 7 494 13' Alcan 1.20 10 266 2734 Alglnt 1.40 25 3 23 AllgPw 2 60 496 29 'a AliaCp 1 80 8 1813 34 1 AlldStr 2 8 658 52' V4 AlliSCh 79 7' 'A Alcoa 120 548 34'a Amax .20 182 18' Va AmHes 1.10 8 2340 2t'- V. AmAgr" 139 ABrand 3 75 9 S8 62 ABdcst 160 11 293 64' 3 AmCan 2 90 12 116 48H ChrisCr Chryslr 10 1133 24 1 .08 35 10 217 RoylD 2.87e RyderS 1.08b SCM 2 Satewy 1.60 StRegis 1.12 SFeSP 1 SchrPIo 1.68 Schlmb 1.20 ScottP 1.12 Seagrm .80 SearleG .52 Sears 1.76 ShellO 2 ShellT 2 IOe 38 29 13 IntHarv IntMin 2.60 IntPapr 2.40 IntNrth 2.48 I pa ICO 2.92 JohnJn 1.20 JonLog .27 Josten 1.12 JoyMfg 1.40 mart 1.24 KaisrAI .60 Kaneb 1.04 KanGE 2.36 KanPLt 2.76 Katyln KaufBr .40 Kellogg 1.68 KerrMc 1.10 KimbC 52 20 KnghtR .64 Kopers .60 Kroger 2 tircity Citicrp 2.06 934 15 454 2 17' '4 5 130 Citylnv 6 159 U33' V4 1 10 2 52 1.20 45 22 29 ClarkE ClevEl Clorox 8 19 14 37 11 275 Coastal CocaCI 2.76 12 2745 29' Vi Shrwin .74 Signal 338 20 9 141 19 9 35 9'4 23 I' 22 989 43V2- 11 173 36'J 7 2488 32'-1 10 253 28' 282 50 194 12 31' 5 8529 31' 16 127 25 6 1997 35H- 9 873 40? 15 25 27V4 14 5 X75B 18 9 378 27' 6 169 27 14 745 63' 4 '4 95 15 .11 493 25' 10 169 27' 11 102 52'6- 6 363 31 '4 18 161 30 '4 6 711 27 6 4952 27' 10 154 24 '4 6 598 29' 10 103 32Va 8 216 39V4 1 500 4' 6 1741 U34 1 14 402 58 9 567 21' 8 479 30 16 451 28 14 102 63'4 1 88 23' Vl 13 9 43V4 '4 9 289 28'4 V4 6 44 70'4 7 290 23'- 9 103 44 14 68 28 19 152 21 13 125 38' .94 .48 280 Singer Skyline SmkB Sonat 1.85 2419 11' .25 AVERAGES SonvCp 18' '4 91 LTV LearPt LearSg LeeEnt .20 1.80 .80 ..11 8032 40- 9 1034 30' 9 557 37'- 21 77 59 8 1971 32- '4 10 100 56' ..4 7 29 ..10 116 28'- 12 379 28 16 105 32'4 '4 ..23 407 16 9 362 56' ..4 128 33 ..20 177 15' 9 205 22' 7 1294 22'4 4 2727 Ul8' 7 814 U47' 9 377 35'- 10 723 37- 14 553 47'- '4 8 4954 55 1 7 3933 4334- 347 17 12 271 27 ..12 138 17' ..10 6 3 47' .11 591 46 1 27 64 20 340 46 28 43'-5 23'- 14- 54 Lehmn 2.98e Levitz .72 MINOT (AP) A federal judge granted a permanent injunction against Amoco Oil efforts to terminate a franchise held by a service station operator in Minot. The decision by U.S.

District Judge Bruce Van Sickle of Bismarck marks the first time the Petroleum Marketing Practices Act has been successfully used against a major oil company, lawyers for Lloyd Sannes said. Sannes, who operates Lloyd's North Broadway Standard in Minot, filed the action in federal court against Amoco Oil after the firm declared his lease terminated. Amoco contended Sannes had fail ed to pay past due amounts on his supplier's account. Sannes has held an Amoco franchise for more than 10 years. In his judgment, which was made Friday, Van Sickle found there was some question whether Sannes had indeed been late, and that even if he was it was only by a matter of hours.

The judge ruled terminating the franchise would defeat the intent of the Petroleum Marketing Practices Act, which he said is meant to help franchise holders bargain with the more powerful oil companies. Van Sickle noted Sannes had operated Amoco stations for more than 20 years in Minot and 10 years at the North Broadway location under a series of franchise agreements whereby Sannes sells gasoline and other products under the trademark of the firm. Sannes said his attorneys, Richard Thomas of Minot and William Lucas of Bismarck, viewed the result as the first successful action by a service station operator against a major oil firm under the act. Amoco has not decided if it will appeal Van Sickle's decision, Bill Pearce, Amoco's counsel from Bismarck, said yesterday. The company has about three weeks to decide, he said.

SCrEG 2.05 SCalE 2.04 SouthCo 1.92 SwBell n5.60 Sperry 1.92 SquarD 1.84 Squibb 1.44 Stoind 3 StdOOh 2.60 StaufCh 1.44 SterlDg 1.16 StevnJ 1.20 Coleco ColgPal 1 28b Col Pen 1.40 Coltlnd 2.20 ColGas 3.18 CmbEn 1.84 Comdre CmwE 3 Comsat 1.20 ConsEd 2.12 ConFd 1.30 CnsNG 2.16 ConsPw 1 .08 CntlCp 2.60 CntlGr 1.88 ContTel 1.72 ctData .66 Coopr 1.52 CornG 2.32 CrockN .40 CrwnCk CrwZel 1 CumEn 2.20 Dana 1.28 DartKr 4.24 STOCKS 30 Industrials 1192.69- 3.20 20 Transportation 528.673.54 15 Utilities 143.41 0.82 65 Stocks 475.550.51 BONDS 20 Bonds 69.850.42 10 Public Util 66.65 0 64 10 Industrial 73.050.19 8 33'4 6 48 336 5934 '4 24 35 249 67V4 773 46 '4 46 88 22 23- '4 437 6' 'if 10 1297 28 stopShp 1 SunCo 2.30 Sybron Syntex Sysco 29 354 1.08 1.40 .34 2 20 2.80 8 313 28' 10 81 71'4 34 2 534 15 102 20'4 9 147 17 .28 32 11 .13 366 39' '4 .11 390 46' 6 107 32 6 32 6 10 121 2434- .5 9 26 16 252 75'- 9 608 43'4 '4 12 1056 25' 34 41 2 TECO TRW TacBoat Talley Tandy Tektrnx 5 .24 .74 2 I .60 DatGn Dayco DavtHd DaytPL Deere DeltaAr Dennys DetEd 1 Economist: Equal pay for women 'truly crazy1 .72 1 68 1.76 10 1148 25 12 41 56'- 14 514 271 2' .13 274 34'4 7 2476 35 1' 7 88 13'- '4 7 3651 33 '2 8 451 30'- 24 777 129 435 2 12 3504 19'4 18 12 34- 18 98 9 231 14' 39- DiamS Digital Disney 1 20 10 59 4434 DomRs 2.56 10 171 U81'4 K. ..29 428 54'4 6 321 15 '4 13 803 33 '4 6 212 16' 15 249 28' 8 4635 37 1 14 432 40' 7 1771 15 '4 67 2566 18 17 1757 96' 4 .21 857 59 8 867 U27' 12 2122 29' ..20 259 40' 20 1704 19- 8 2733 46' 8 617 U29V4 6 237 15 1364 5'4 9 318 24 ..16 5313 72 1 8 268 48 11 117 23 14 811 69 15 284 19 10 648 26' 47 5' .10 45 36- 6 15728 41'6- DowCh Dowjn Dresr duPont DukeP DuqLt 6 497 26' .80 3 2.48 2.06 12 14 43 32' 76 19' EastAir EastGF I 30 3a EsKod Eaton 1.20 a consequence of the fact that many, if not most, women have interruptions in their job experience over a period of time associated with marriage and child-bearing and that reflects very real economic divisions." Salaries of 40-year-old single men and women in the same field, he said, would be "essentially identical." He also said the concept of equal pay for equal work, mandated by law, is strongly supported by the administration. wage." He said that the California state college system has such a plan and that "extending the idea of the nation would be a disaster." "This is one of those many instances unfortunately in which Mr. Mondale seems to have catered to particular constituencies without thought for the implication for the larger American economy," he said. Questioned about equal pay, he said, "Most of the difference between men and women's salaries is Echlin .76 EmrsEI 2.30 LOF 1.20 Lilly 3 20 LincNtsl.68 Litton 2 Lockhd Loews 1 Lnstar 1.90 LILCo LaLand 1 LaPac LuckyS 1.16 MGMOr .44 AAacmil 1 Macy 1.04 MagiCt .80 vjManvl MAPCO 1 MsrM.d 1.60 Marriot .44 MartM si.

34 Masco .56 MaseyF -Maxam MayD 1.72 Maytg 2.60 McDerl 1.80 McDnl .82 McDnD 1.62 McGEd 2 McGrH 1.24 McKeSS 2.40 Mead 1 Melvill 1.32 Merck 3 MerLyn i80 MesaPt MidSUt 1.74 MWE 2 68 MMM 3.40 MinPL 2.56 Mobil 2.20 MohkDt Monsn S2.30 MntDU 2 56 MonPw 2.80a Morgan 4 Morton 1.76 Motrla .64 NCR .80 NL Ind .20 NabscB 2.48 NatCan 1 NatDist 2.20 NatFGSl.88 NatGyp 1.76 Nil .25 NSemi NevPw 2.76 NEngEI 3.40 Newmt 1 NiaMP 2 NortkSo 3.20 Nortek .08 NAPhl 1 Noestut 1.48 NlndPS 1.54 NoStPw 3.24 Nortrp 1.20 NwstAir .80 Nwtlnd 2.68 Norton 2 Norwst 180 NYNX 6 OcclPet 2 50 OhioEd 184 OklaGE 1.92 Ohn 132 Omark 1.04 ONEOK 2.54 OwenC 1.40 Owenlll 148 11 926 27'- 13 916 u53' 9 424 7034 .13 226 3534 15 297 41'4 l'4 10 152 37' 9 231 34' II 710 39 34 13 879 83' '4 1694 30 4 3050 1834- '2 4 4752 .8 18 26 13 544 79 '4 7 67 29- 7 7074 26'- 220 12' 7 1932 42 .7 16 29 984 25 6 272 72' 4 13 38 84'4 '4 .11 1557 35' 34 8 787 24 202 194 12'- 11 191 U51' '4 9 28 34 15 174 27' 4 9 24' 6 109 '34 "4 121 29'- 13 992 12' 9 48 27' Enserch 1.60 Ethyl .85 EvanP 1071 ExCelo 160 Exxon 3.40 FMC 1.80 8 574- '4 I8V4 '4 14'- '4 5' 15 10 44 10 14 9 5 ACyan 1 90 II 1463 AEIPw 2.26 7 3567 U20 AmExp 1.28 ....19 634 7 36" AFamil II 22 AHome 2.64 11 2184 47V AHosp 1.12 9 334 28 Vi Amrtc 6 8 2166 75Vj AlnGrp .44 13 146 67' AmMot 272 4' ANtRss2.22 7 1092 AmStd I 60 11 1314 31 Vj 1.20 .12 5088 AMPS .64 ....15 1415 31V4 Anacmp 248 3 Anchor 1 48 13 IS 23 ia AplOta l.Ut 14 14 241 5 I ArchDn 14b J2.175 16Vj ArizPS 2.60 6 269 21' Armco 20i 656 10' ArmWIn 1.20 162 Asarco .40 83 21 AShlOil 1.60 9 244 27'4 AsdDG 2.60 9 550 S7'4 AtlRictl 3 7 8693 45H-1' AtlasCp .50 33 16 Augat .32 14 41 22J AvcoCp 1.20 8 111 374 Avery .52 13 8 30 '4 Avnet .50 13 650 31'4 Avon 2 10 695 23' Bkrlntl .92 19 2263 15't- viBaldU 151 II 161 16 BallyMt .20 80 265 16 BaltGE 3.20 7 346 u37' BncOne 1 8 47 23Vi BnkAm 1.52 10 907 17' 4 Bausch .78 .13 692 25 J4 BaxtTr .33 ....10 1398 i BeatCo 1.70 9 325 28" Beker ....43 70 8' BelHwl SO ....13 131 28 BellAtn.40 8 417 77' BellSo 2.60 8 1028 33 BenfCp 2 8 424 30 BengtB .23 8 18 S'n BestP .24 10 45 13 BethStl .60 256 17 '4 Beverly .28 ....20 1392 30'4 BlackD .64... .11 124 20'- BICkHR 2.40 ....11 360 43V4- 14 Boeing I 40 IS 878 56 BoiseC 1.90 11 42 38' '4 Borden 2.72 72 61 BorgWa .92 9 1361 204 1 BosEd 3 24 1 67 32 BristM 160 IS 1205 47'' BritPI 1.77e 6 694 21' Brnswk .80 75 32 BucyEr .44 92 13 Burllnd 1.64 5 452 25 BrINth 1 7 434 47- Burrgh 2.60 ...11 1077 S4 CBS 80 10 125 79- CIGNA 2 60 649 38J4 CPCInt 2 20 ....13 57 37-' CSX 1.04 7 3032 Caesar 14 611 9'- CRLk .40 390 223 CamSp 2.30 ....12 91 68 CapCitI .20.. ..16 92 1 584 Caresa .42 12 535 16 Caring .48 40 12- CarPw 2.52 7 343 24'4 Carrol .05 13 42 CartMw 1.22 7 92 23' V. CastICk 36 14' CatrpT 2120 29 Cejanse 4 7 178 73J4 1' CenSoW 1.90 a 892 u21 2381 8 104 52V4 1 975 712 14 51 44 .11 149 38' 20 12 5512- 10 54 28' 34 189 1' 9 122 25' '4 9 798 49 2' 13 1076 29 10 1547 37 37 24'- .25 14 7'- '4 9 87 39- 6 4160U42 1290 10 '4 6 1218 24' 9 17 17 17 473 46' '4 5 410 1434 13 759 37- 7 124 14'4 '4 7 2 14 7 137 41 '4 1272 22'- 7 480 46 8 654 38 '4 9 883 22' '4 9 3742 35'-! 10 402 57 34 .9 90 31 14 II 344 24' '4 15 151 38 .9 17 24 .13 2 22' .24 1139 42 8 61 27 1354 20'4 12 727 31 Teldyn Telex Tennco 2.80 Tesoro .40 Texaco 3 TxEst 2.20 Texlnst 2 Texlnl TxOGSS .18 TxPac .40 Texutil 2.34 Textron 1.80 Thrifty .52 Tigerln Time .82 TimeM si. 20 Timkn 1.80 Tokhm .40 Tosco Transm 1.44 Transco 2.04b Trnwld Travler 1.92 TnCon 5.57e Trico .14 TucsEP 2.60 UAL UNCReS USFG 2.08 UniDyn .60 UnCarb 3.40 UnElec 1.72 UnPac 1.80 Uniroyl UnBrnd USGyps 3 USSteel 1 USWst n5.40 UnTch 1.40 UniTel 1.92 Unocal 1 Upiohn 2.56 USLIFE .96 UtaPL 2.32 Varian .26 Wachvs Wackht .40 WaiMrt .21 Waif 1 20 WrnCm SOi WarnrL 1.48 Wsnwt 2.48 WellsF 2.14 WnAirL WUnion 1.40 WstqE 1 Weyern 1.30 Whirlpl 2 Whittak .60 William 1.40 WinDix 1.68 Winnbg Wolwth 1.80 Wynns .40 X- Xerox 3 ZemthE 4 273 35'4 '4 25 45 34 4 4 1042 16 4 2 2122 8 8 112 18 7 34 27' 16 862 21'- 34 .7 40 39 '4 9 1828 23 20 17 32'4 9 417 U43 9 115 23 181 434 601 17' 3 7002 48'4 12 6358 15'- '4 7 363 32 244 23 8 126 41' 17 133 45 .14 404 32' 10 202 44 14 12 2392 54'- 9 141 S8'4 9 29 12'4- .20 177 21 12 43 55'- '4 5 6828 79' 1 7 1375 II' 12 237 44 '4 4 21 6'l 15 1070 22 Fairchd .80 Fairfd .16 Feders FedNW .16 FedDSt 2.40 FinCpA .68 Firestn .80 FBkSy sl.48 FstChic 1.32 Flntste 2.34 FleetEn .36 FligtSt .20 FlaPL 3 76 FlaPrg 2.04 FlwGen Fluor .40 FordMs160 FrptMc Frueht .90 6 GAF 05e GTE 3 08 Ganett 1 78 GnCorp 1.50b GnDyn 1 GenEI 2 GnFds 2.50 GnHous .24 Gnlnst .50 GnMills 2.24 GMOt 4.50e GPU GnSignl 1.80 Gensco GaPac .80 GerbP 1 1.16 GibrFn Gillette 2.44 GldNug Gdr.cn 156 Goodyr 160 Gould .68 Grace 2.80 8 215 55' '4 6 57 13'- 8 4 3534- 4 5 2504 13 4 8 761 14' 7 225 U42'4 '4 10 1628 32'4 9 1799 40 34 2848 40 '4 13 25 37- 7 74 25 '4 8 784 u72' 34 U.S.

GOVERNMENT BOND FUND WASHINGTON (AP) Presidential economist William Niska-nen today called the concept of comparable pay for men and women "a truly crazy proposal." Niskanen, a member of the president's Council of Economic Advisers, also told a women's group that most of the salary differences between the sexes is due to women interrupting their careers for marriage and child-bearing. His comments to members of Women in Government Relations drew some raised eyebrows and prompted a few in the mostly female audience to offer brief rebuttals. Niskanen appeared on a panel with economist George Perry of the Brookings Institution, an pdviser to Democratic presidential contender Walter F.Mondale. Perry declined to offer his views on the subject, saying afterward he wasn't prepared to talk about it. Niskanen raised the issue in his opening remarks on President Reagan's economic record.

He contended Mondale's "only new proposal is something called comparable worth" which he called "a truly crazy proposal." Fifteen states have'enacted laws requiring that men and women be paid equally when they hold jobs judged to be of equal value, and five others have passed resolutions declaring comparable worth as a goal of state pay plans. In trying to appeal to women voters, Mondale and running mate Geraldine Ferraro have highlighted their strong support for the proposed Equal Rights Amendment, abortion and comparable pay. Niskanen, asked to elaborate on his remarks, replied, "Comparable worth Is an idea whose time, I think, has long passed." He said it was based on the "rather medieval concept of a just pay and a just 47 18 '4 89 43' '4 434 15 1839 28'4 "4 4 19'4- 71 9 1042 234 E.F. Hutton is a primary Market Maker in U.S. Gov't Bonds and Notes.

Please call Marilynn between 9 a.m.-5 p.m. at 223-0135, Toll Free 1-800-932-8925 or mail coupon below. 11 168 26' 179 ej4 4 5 2246 13 6 473 22'4 ..6 4 ..12 10 23' '4 ..6 55 29 '4 8 51 30- '4 I 380 4034- .7 27 13'4 8 82 34 6 1392 10 425 35 8 52Su47' '4 15 943 2734 8 14 40' '4 5 414 19 4 330 29- II 21 32'- '4 15 579 14 '4 89 35 I 16 Vl Y-Z- 10 1479 37 417 25'4 44 51 8 '4 10 9 9 828 26 241 Oxford .40 PPG 1.44 PacGE 1.72 PacLtg 3 32 Pc Tel 5.40 6 486 25 12 2408 21 '4 11 260 43' Ytelds as of maturities and type of Instrument are subject to availability and market conditions. Please send me information on U.S. Government obligations.

AMERICAN STOCKS Name. I Address. I NEW YORK (API Midday national prices for American Stock Exchange issues PE Sf Last Cha. City. Acton AdRutl 14 I Teleohone Adobe .24 I .80 AfuPub Amdahl ComdrC 25 1' InstSy ...12 149 2 Solltron 20 4 S1- ConsOG 4 ISO 934 14 IntBknt .06 194 4 Sunair .24 ....13 9 7 Cross 1.32 .14 2 26'-' KeyPh .16 ....19 188 11-' Sundnc 314 9' CrutcR 3 23 1' Kirby 41 4'- '4 TIE ....11 512 9'- Vl Damson 4 IS 5 MCO Hd ...11 3 13 TchAm 30 3 DataPd .14 ....10 209 I534V4 MCO Rs ....20 47 2-' TchSym 35 14' Delmed 71 4- '4 MSR 20 3' Telesph 40 3' DomeP 1044 1' Mrshln 4 9 21 't Txsren .,..10 48 t1- Dynlct .25 29 10 MIchlE .24 ,...12 SOT 17'- TubMex 7 74 3' EchoB 0 .10 435 10'4 NtPatnt .10 ....17 75 20 -V.

UFoodA ,10 ....18 4 2' Fluke 1.271 .,..16 94 26' NProc I. tot I 44 15'- '4 ....16 7 2' FrntHd 72 11'' NoCdO 9 6 16 UnivRs 27 7' GRI ....13 I Numac 44 II- verbtm 173 6'- GntYl 4 12 OarkH ,20 59 9' Vernit .14 ....10 114 II-1 GldFId IS 1 PallCp 40 ....20 28 35 WangB .14 ..,.17 1444 27'' GrtLkC .40 It 48 33 PE Cp 19t 7 1 I' WrnC wt 14 GlfCdg 52 2274 13 -'4 PetLw 1491 lot 3- '4 Wthfrd 4' HollyCp 041 1 13 9 PrenM 1 84 ....13 189 44 wslbr 20 II IS 9'4- HouOT 1 55 274 Ransbg .72 48 18- '4 WslSL 11.13 5 10 21 Husky 0 IS 107 8'- ResrtA ....79 41 38 Wich'ta IS Vi ImpOil 01.40 929 See Cap II 12- '4 WwdeE .441.... It tt 1'- '4 .20 I When E.F. Hutton talks, people listen. It 18 253 22 .11 42 14-l .14 5 46 13 95 10' 2.

3 Ml 14 6 95 3' 57 1'4- Vi 4 3 5 5- 14 224 22 I IS1 11 24' 14 J23 J'4 Vj E.F. Hutton 4 Company Inc. ASciE Asmr 0 Astrotc AtlsCM Atlas wt Banstr UULU btAL BUILDING Box 7175 Bismarck, ND5Rf02 Bergnr BowVal IS Accounts Insured up to $2,000,000. Brscn 1.44) CnmpH 4.

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