European Stars and Stripes (Newspaper) - April 21, 1968, Darmstadt, Hesse Sunday april 21, 1968 the stars and Stripe Fogt 23 peace talk rally in Market died new York up the stoc Markl a s phenomenal rally that a spurred by peace talks,3 Bird last week with ail finally riving slight ground Friday in the Wake of further tight eing of the nation s credit reins and a gloomy economic predict United states and North Vietnam spent the week arguing about a site for the preliminary Scace talks. Traders marked time pushing prices higher for the most part but taking Liberal profits on previous gains. A flood tide of higher first Quarter earnings and other corporate news provided most of the incentive Early in the week. The Federal Reserve Board Shike in the discount Rale the second boost in a Little More thana month and the ensuing Rise in prime rates caught the Market off guard Friday and triggered an Early wave of Selling. Later on a statement by fed chairman William Mcchesney Martin or. That the United state was amidst the worst economic crisis since 1931 killed chances of a rally and Han ded the Market its first decisive drop since pres ident Johnson made the initial peace bid to North Vietnam. Nato s flotilla visits new York new York a destroy ers from the United states and the Netherlands frigates from Britain and West Germany and a destroyer escort from Canada the world s first permanent International naval Force sailed into this Busy port Friday. The commander of the Nort Atlantic treaty organization flotilla capt. Geoffrey c. Mitch Ell of Britain s Royal Navy told a news conference that the Force was formed three months ago in response to recent displays of soviet maritime Power in the Mediterranean and other seas. The tremendous change inthe attitude of the russians their obvious realization of sea Power caused the nato allies to decide to make ourselves inefficient fighting unit quickly Mitchell trim vessels were in five different shades of Gray fro the grim dark Hull of the . Ship Holder to the near White of the Koeln from flew the Blue and White nato Standard in addition to National colors. Our aim is to show the nato Flag Mitchel said. The flotilla will depart this week for a program of training exercises off the East coast an then visits to Canada Iceland Norway Denmark and Britain. Most of the sailors from each ship will be eligible for Shore leave each Day while in port. A dutch officer noted this Wasa problem for his Captain who is responsible for All men under21 years of age and has to see to it that they Don t get i trouble on Shore Canadian Seaman Bryan rid Dols of Toronto 18, said he did t know if he d spend All his leave in the City. It All depends if you pick up a girl. It s the same in Ever port he said. Mutual funds prices new York Uri National association o securities dealers inc. Friday. 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K1 j income 6.8 100 and m.58 15.91 one we xlfl.74 16.74 Opp 7.06 8.69 Venn 84 8.60 8.60 Polilla cd 16.28 bid asked Pilgrim 10.47 11.47 Pilot 7.74 8.4 1 Pine St 12.03 12.03 Pioneer 13.26 14.49 plan and 13.36 14.60 Price to 24.2524.25 Provitt 5.72 6.25 Puritan 11.37 12.29 Putnam funds goo 15.48 16.92 equity 12.03 13.69 Gritu 13.07 14.28 inc 9.05 9.89 inv 7.91 8.64 rep tech .6,58 7.19 Revere 16.88 17.36 Scudder ads spec 39.97 39.97 bal 16.80 16.80 com 11.77 11.77 Seo div 14.19 15.33 Sec i5q 17.58 19.21 so inf 8.20 8.96 sol am 11.64 12.49 so bos 13.0214.23 Sigma 9.96 10.89 sour in 15.60 17.09 state St 50.44 50.75 sted Sag 7.49 8.19 sted am 13.11 14.33 sted fid 8.61 9.41 Stein Roe ads Stein r 21.29 21.29 Stein in 15.56 15.56 Stein St 14.50 14.50 Sterl inv 12.85 13.89 sup inv 6.81 7.46 etchers 13.34 13.90 tech cd 9.s1 10.69 to plan 17.51 1j.14 Tex cd 12.01 13. 13 two o g 6.77 6.31 two c i 5.46 6.97 United funds acc. 8.28 9.05 income 14.02 15 9s scion 0.63 10.42 in v cell u.73 7.30 value line ads Val no 8.90 8.7 Vul inc 0.34 j Vul spa 5 9.37 Vanbird 4,h7 s.3 j varied in � -7ti Viking or 7.39 h.03 Wall s in 1-.14 13.27 wish mul 13.40 14 h Well adv 9 14.12 West ind h.89 u.4u Lii till Windsor 10 02 20.67 i fld 13.0s 14.30 Wlson t.74 8.45 Worth 6.55 sex dividend. Traders were much More selective in their purchases last week and Many second Lin issues were favored Over the Glamor stocks and Blue trading Pace continued to average about 15 million share daily totalling 74,463,988 shares compared with 47,661,340 share churned put in the three sessions the previous the 1,651 issues crossing the tape 923 advanced and 612 declined leaving 116 unchanged. There were 335 new 1988 High set and Only 48 new lows. The Dow Jones Industrial aver age fell 8.04 to 897.65, reflecting the Cool attitude of traders to Ward Blue chips but the rail component soared 6.91 to 236.37.large-Block trading accounted for much of the volume on the most Active list. Occidental Petroleum was inthe top spot tacking on 1 to 38 /4 on volume of 1,492,300 shares a single Block of 629,300 shares of Lunasco helped push that Issue into second place. It closed at 12%, up 5 /2, on 1,474,-800 shares. Mcdonnell Douglas rounded out the top three losing 2% to 4554 on 1,145,700 shares. New York a new Yor Stock Exchange closing Index april 19 april 11 Market Index 53.39 53.60 Industrial 56.20 56.37 transportation 47.22 47.57 Utility 42.54 42.89 finance 57.47 57.92 new transplant due in 6 weeks Washington a Barnard says he plans another heart transplant attempt in about six weeks this one using permanently implanted Silver studs As physiological , Leader of a South african team that performed the operation on the world s Only living heart transplant patient or. Philip Blaiberg revealed plans for his third heart trans Plant operation at a Friday Greece amnesties minor offenders Athens up Greece s Mili tary government marked the first anniversary of its coining to Power saturday by announcing an amnesty for persons convicted of offences carrying prison terms tip to six months. The amnesty the second announced by the regime since it came to Power last april 21 in coup was estimated by informed sources to affect about 3,000 per sons. The announcement appeared i greek newspapers. Hires in interest near consumer new York up Commer Cial Banks across the nation Friday raised their Prim interest rates from 6 to g1/ per cent in a move expected eventually to affect Loans to Small businesses and on Mort gages and perhaps even personal prodding by the Federal Reserve Board the big commercial Banks boosted their interest rates after the fed discount rate was lifted thurs Day for the second time in Les than five weeks. The fed raised its discount rate the rate charged on Money loaned member commercial Banks from 5 to 5 1-2 per cent highest since the 1929 Wal Street crash period. In turn the commercial Banks raised the interest charged top Grade Busi Ness borrowers the so called prime rate. Large corp9rate Borrower were affected immediately and the trend is expected to filter Down from the boost in prime rates through a welter of other types of Bank Loans directly affecting the Public. Thus the consumer whose buying habits contribute to inflation when they exceed the rate at which goods and services Are produced or when Price is of secondary importance in the Rush to acquire May be hit on two fronts at one one thing the Cost of the Money he borrows in this credit Economy will go higher. For . Bars commercials on subway trains new York a mayor John v. Lindsay has turned Down a proposal to permit the broadcasting of in subways. The broadcasting of commercials in subways even Short dues would be an unconscionable invasion of privacy that could not be justified As a reve nue measure the mayor said. Another the corporations that Supply the things he buys will be paying More for the Money they borrow and will try to pass the Cost Down along the line. The increased interest rate were designed to curb spending to bring deficits Down govern ment corporate and individual and it is hoped prices of goods services and wages. News conference in said surgeons will sew Sev eral Silver clips around the edges of the heart after taking it from a newly dead person an implanting it in the Chest of a gravely ill patient yet to be selected. The idea will be to have the Small Silver clips serve As sign posts to allow Barnard and his colleagues to quickly spot by a Ray any enlargement of the heart however slight following the transplant the same time Barnard be ported that Blaiberg who had by then gone 109 Days since sur Gery is improving every doctors feel very Happy about him Barnard said. He has improved beyond our expect tendency Barnard earlier told a stand ing room Only audience of about 1,500 at the George Washington University school of Medicine that there is suggestive Evi Dence from the first two operations performed by his Tea that certain enlargement of the heart May accompany the always feared rejection read reaction is the body s natural tendency to reject tissue that is foreign to it. Doctors seek to combat it by administer ing drugs and radiation. Barnard said that Early Detec Tion by a Ray of the rejection reaction has been difficult be cause the heart is surrounded by a Tough fibrous protective envelope and other tissues that tend to Decloud the outline of the Organ. He said the Silver clips will reused As readily observable markers so that any change of their position in a Ray pictures taken at intervals would provide Quick tip off of any enlarge ment. Your guide to Good listening in the dec sunday american forces network the times listed for an programs Are Central european time news every hour 0705 sunday overture 0755 sports 0805 banners of Faith 0830 protestant hour 0905 protestant Chapel 0930 ave Maria 1005 Tabernacle choir 1130 biblical quiz 1200 journalists talk 1245 weekly Mirror 1315 weekly Magazine 1415 English lesson 1430 for children 1515 Knight of the Queen film 1545 forgotten hit Sand fates and headlines 1030 greatest Story told 1105 world music 1205 Roger Carroll 1305 sports 1315 Neucom report 1345 com a on the March 1400 weekend world 1805 viewpoint 1630 quiz 1700 space patrol 1805 world Mirror 1930 sports 2000 news 2015 ,1 play color 2205 crystals documentary color 2250 news 1830 Broadway to Hollywood 1905 Bob Hope 1930 Golden Days of radio 1955 Point of Law 2005 Bob Crane 2105 bandwagon 2130 astros is Phillies 2205 Toscanini 2310 memory Lane 2335 music German to 2nd program 0005 Jim Mech 0200 Ray Garland 0205 music 0300 Early new 0305 Folk music 0400 Don t believe it 0405 just music 0500 country Corner 0555 this is an. 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