How Now, Dow-Jones

The Jones & Laughlin stock that Manhattan's Harry Schweitzer bought in 1955 at 38 3/4 is up to 60 3/4. His Continental Steel has gone from 33 3/8 to 57 1/4, his Hecht Co. from 29 3/4 to 42 5/8. All in all, the 895 shares in the Schweitzer portfolio were worth $21,000 and represented a handsome $12,000 profit, not to mention Harry's $1,600 savings accounts chunked together from dividends.

No telling how high, really, penurious Bachelor Harry Schweitzer, 75, could have built the pile if the City of New York had not arrested him last week. Charges: grand and petty larceny, violation of social welfare laws for playing the market over the past seven years out of his $71.10 monthly welfare payment.

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