NEW PROCESS CO &lt;NOZ> SETS QTLY PAYOUT

  New Process Co said it declared a
  quarterly dividend of 12-1/2 cts, the regular dividend it pays
  during the first three quarters of the year.
      The dividend is payable May 1 to shareholders of record
  April 10.
      Last year, New Process paid an annual dividend of 1.18 dlrs
  by paying 12-1/2 cts a share in each of the first three
  quarters and a fourth quarter dividend of 80-1/2 cts.
  

