Despite the Dow Jones average rising to...

Despite the Dow Jones average rising to new highs, only four San Diego stocks managed new highs last week, according to Irving Katz, director of research for San Diego Securities.

Imperial Corp. of America was up 1 3/4 to 18 3/4 on Monday. The company paid a 4% stock dividend and a 10-cent cash dividend, benefits of the new management’s turn-around efforts, Katz said. The dividends were the first declared since 1981.

GTI Corp. hit an unexplained high of 8 3/4 and closed the week at 7 1/2. Humphrey Inc., which was up 1 7/8, hit a new 52-week high of 6. Humphrey recently reported earnings of 33 cents per share and the stock has moved up on very little volume, Katz said.

PS Group made a new high of 38 1/8 as the sale of Pacific Southwest Airlines moved closer to completion.

Price Co. was up 2, regaining some of its lost ground. Katz said analysts have evaluated Price Co.’s recently announced purchase of TSS-Seedman’s Inc., a metropolitan New York retail operation, and consider it a definite plus.

Kaypro, which announced that earnings per share were reduced by “an extraordinary, one-time expense.” On sharply increased revenue, the stock was up three-sixteenths to 2. Beeba’s Creations continued to trade in its 14-to-17 price channel, despite announcing the investment by JC Penney in 20% of its stock at $18.75 per share. The stock moved up on the day of the announcement before retreating. It finished the week down 1 at 14.

DH Technologies dropped three-eighths to 5 7/8 after announcing an expected filing with the SEC for an issue of convertible debt securities.

Fisher Scientific, which will be distributed on a 1-for-16 basis to Henley Group Inc. shareholders, closed the week on a when-issued basis at 12 3/4-13. Henley Group was up one quarter for the week to 26.