The DISPLAY statement transfers low-volume data from the program to
  the default system output device or to the object of a mnemonic-name.
  The HP extensions to the DISPLAY statement (formats 2 and 3) are
  COBOL language additions that facilitate video forms design and data
  handling.

  Format 1 -

   DISPLAY { src-item } ... [ UPON output-dest ] [ WITH NO ADVANCING ]
                            [ WITH CONVERSION]
      [ END-DISPLAY ]

1  –  src-item

  is a literal or the identifier of a data item.  The literal can be
  any figurative constant including ALL literal.

2  –  output-dest

  is a mnemonic-name defined in the SPECIAL-NAMES paragraph of the
  Environment Division.