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INSIDER TRADING

Here are this week's reports of trading in the stocks of local companies or in companies that have significant local operations by directors and executives of those companies:

AES Corp.: Michael Armstrong, officer, purchased 1,200 shares of common at $12.39 each on Sept. 26 and now directly holds 1,480.

Cummins Inc.: Robert C. Crane, controlling person, purchased 7,335 shares of common at $29.31 each on Sept. 21 and now directly and indirectly holds 13,595.

Ford Motor Co.: William C. Ford, director, purchased 9,217 shares of class par $0 common at $20.08 each on Sept. 4; purchased 5,929 shares at $19.98 each on Sept. 5; indirectly purchased 34,176 shares at $20.08 each on Sept. 4, and now directly and indirectly holds 10,177,185.

General Mills Inc.: Kenneth L. Thome, officer, exercised an option for 33,786 shares of common between $24.79 and $26.25 each on Sept. 7. To cover the expenses of transaction, Thome turned in 23,502 of them and now directly and indirectly holds 109,360. Stephen W. Sanger, chairman of the board, exercised an option for 82,446 shares of common between $24.79 and $28.51 each from Sept. 10 to Sept. 19. To cover the expenses of transaction, Sanger turned in 50,234 of them and now directly and indirectly holds 341,172.

National Fuel Gas Co.: Walter E. Deforest, officer, exercised an option for 1,376 shares of common at $11.94 each on Sept. 26. To cover the expenses of transaction, Deforest turned in 732 of them and now directly and indirectly holds 63,118.

Paychex Inc.: Vincent Tarquin, divisional officer, exercised an option for 52,399 shares of common between $1.68 and $3.14 each Sept. 26 and 27, sold 63,149 shares between $30.01 and $30.06 each Sept. 26 and 27, and now directly and indirectly holds none.

Prepared by First Call/Thomson Financial of Boston, Mass., from Securities and Exchange Commission filings.