European Stars and Stripes (Newspaper) - June 19, 1977, Darmstadt, Hesse                                Page 16 the stars and stripes sunday june 17, 1977 Market registers modest advances by Frank  new York up the Stock Market sided by moderating interest rates and some favourable economic new scored modest gains last week  the heaviest trading since Early february. The Dow Jones Industrial average gained 9.66 Points to 920.45 for the week. It climbed 10.17 tuesday after Morgan guaranty Trust co. Lowered its prime rate a Quarter Point to 6 i per cent  its Best rally since a 13.06-Point jump  May 12.so far this year the Dow Industrial aver Rias drifted downward from its 1976of 1.004.65, hitting a 16-month Low of 898 two weeks ago. Its High last year was1,014.79  sept. 21. Its All time High of 1,051.60 was Suljan. 13.1973.the new York Stock Exchange common Stock Index meanwhile gained 0.84 to54.64 last week and Standard & poor s so stack Index containing some Over the counter issues Rose 1.s1 to 99.97. Advances walloped declines 1,274 to 566,among the 2,110 issues crossing the Compo site tape. Volume totalled 114,553,170 shares the heaviest turnover since 119,243,925 shares changed hands the week ended feb. 4.composite volume of nose issues listed  All . Exchanges and Over the counter totalled 133,426,390 shares compared with 120,376,410 the previous week. Buying was heaviest after Morgan guaranty lowered its prime rate. But the Market cooled off when no other major new York Banks followed Morgan s Lead. Most left their prime at the prevailing 6%per cent level. The Federal Reserve Board which recently indicated it had moderated its monetary policies reported the nation s Money Supply spurted $1 billion  the latest re porting week and loan demand at Newyork s major Banks Rose $340 million. Business inventories Rose 1 per cent  april from March but sales declined 0.4per cent. Personal income climbed 0.6 per cent to $1.5 trillion reaching its Best level   Industrial production Rose 1.1 per cent and housing starts Rose 2 per cent and building permits jumped 3 per  remained  uncertainty. Published reports said labor contract Settle ments would Spur inflation. But the Bond Market where yields dropped to their lowest level  three years indicated inflation and interest rates were not a major problem ight  Century Fox whose Star wars Box office Success has dominate attention the past several weeks was the most Active nose listed Issue gaining 3 to24 /4  1,673,500 shares. Columbia pictures Rose 1 to 15%  Active trading. British Petroleum was the second mos Active Issue off a to 154  1,503,600 shares. Coca cola was the third mos Active Issue off i. To 37h  1,409,800  merchants & manufacturers lost to 6. The firm fired its president began plans to phase out its Robert Hall clothing operations and made arrangements to sell its United factoring business to Crocker National Bank. Pizza hut jumped 2 to 31 i  Active trading. A vis corp. Gained % to 21v4. Superior Oil. Which holds Large natural Gas reserves. Gained 6 to 200 with the  of a Federal court decision that okayed the Federal Power commission s tripling of natural Gas prices last year. American Telephone & Telep a which reported its fourth consecutive him Oil our Quarter gained a to 63 a  Active trading.  the amex where the Market value Index Rose to  All time High the average Price of a common share gained 23 cents. Advances lopped declines. 510 to 378, among the 1,133 issues  totalled 12,498,430 shares com pared with 12,722,510 the previous ,682,460 during the same week a year 8coeason Oil which is holding merger talks with Raythelon gained 3v, to 79v4. Great basins Petroleum was the most Active Issue off a to 8%  612,700 shares. Hous ton Oil & minerals followed up a to 54 / on355,100 shares. Syntax was third off to 19%  287,300 shares. I Mutual funds prices i new York by Alk by a4k by Al by Alk Lua wow cred c " " Bol and 1.10 us liked pm Cei  a of m a lne a  a 590 no. Cont  4,34  country c 11.41 12.43 june 17, 1977 do bldg 7.74  a Polowan group Acorn cd 15.79 no. Of car 12 u 13.49 adv inv 9iinl. A Len f 9 55 10 00 Aetna cd 7 33 1 01 � f � � Aetna  13.03 14.34 Delia t 4.19 5 34 Lauture 923nl. Devign 30.17 . Aoe cd 513 595 direct up 4.20 4.59 Alli Tole . Dodg Bol 22 34 no. Alpha to 10 ii . Dodici is 94 . Am birth 99310.85 or Burh is . Am eat Sll 541 a Amer fund group Ort cd 12-101322 . Bol 1 10 is Elv cd 5 55  am Cap 540 4.17 Derlly 14.21 17.72 am mul 10011094 Oral la 1000nl. And a is 03  up Nam 7.37 . Copf a 455 494 to cd 1s.u . Gun am 4 70 s 14 3rd ont 13.54 14 12 m 14 59 is 13 Eagle or 104411.43 inv am h k is 34 Colon it word a Pri 14401792 born cd 13 902 wuss m 671 741 of Ouiva Smyl. Amer r,. group a melt f 1 9 .34 a Gibej 913 991 income 417 445 a Cor 4 of 444 pc ii f 443 493 a  inc 467 729 shh cd 914 915 Alvrn 11711214 die pc 14.33 no. A qty or 4.52 my Edlon lil 9mni. And am 447 7.29 Egrel cd 10 a 11.79 prove  401 432 Ellen try 14.45 111 am Garlti 544519 for old 9j1 1064 am inn 514 544 pm Bure Iii 111 am inv s74nl.  group a  inc 1247nl. A Leodry 101 113 Ami or 215 311 Empire 1is7 111 Anchor group 4th pm 1743 111 Dolly  1 00 . To for  . Or wort 4.45 4.95 Fidelity group income 7.5 1 09 and Cut 1.71 . Speer 441 4.75 Captol 1.31 9 and inv 4.10 1 33 Contra 10.52 . To Noll 10.01 10 .17 oly inc 1 00 . Audo f i m 1.79  10.01 ii and to 2 113 Pond 1424 7.77 income 502 544 Maglyn 34.13 u Stoch 597 4.53 Munch 10.51 , blk Goth 10.55 11 53 Purlin tl.25 17.30 bom inc 179 no. Salem f 5.01 5.41 inv 9.l� . Thrill 101 . Bean i 157 . Trend 21.4323.43 Beacon 9.21 . Fun cd program Berter group Fin  4.91 . 100 and 7.34 . Fin ind 4 47 . I and 9.34 no. Fin inc 1.07 no. Berkmar 795 149 finl inv non and the 4 13 5 21 d cd s 10 5.57 boil Fon 9531042 a a 4 52 m3 Colvin Bullock income 115 9.47 Bull Fri 12 94 14 14 Stock f 1 41 9.77 can cd 7j9 130 fun or 3.79 4.14 div shr 3 04 3 33 founder group income 14 13 14 21 or win 4.0 4.92 not a 10.1311.07 income 1242 11.57 no Ven ii 71 u 10 f ritual cd fund 9.4410.42 f special 9.1010.14 co  of 111 931 Franklin group cop Prev 1.00 . S  �3 374 cent  1142 11 53 Ditc 4.j4 7� Crial or a 10 �0 11.04 a la St 5.21 5.49 Chart cd 14.34 15.47 for inc 1.75 1.19 so. Abouav us Gas 9.131041 and 034 4.93 Bei Cap 3j4 2.54 fron put Tol Ujj a Sis is i3h Snep dal 1uin.l. Comin m jew Lotty 4l� 9� i"0 ass sur Oes a p 3�j� i Canver Tom Sec 9.3jn.u fund 9401027 Cath ind 17.14 .Crwtn j2 5 a Hamilton grip income 179 9ai fund 4ji 440opt inc 11.4113.77 grow Ltd 4j7 is sumo 15.42 .  Hart ctn .l. Atsuo 1.10 Hart la 1.02 . Houng to 1.00  to for 15 37 14.71 a St a 47 u Horace 15.31 14.52 m Hir 297j . Investors guide by Sam Shulsky neg a 9.471043 Janc fwd 5.47591 lengthening of the period necessary to is fact. I m All for it. But Don t let your course slim isi.90 Ovcin 4.ii 4 is Sajt l 1T 3 Stablish a Long term capital gain be altered by dividends. Go with stocks Copit  4 10 4 54 fret us 7.73 1 33 fax cd 10 40.37 a. The tax collector. Which you think will appreciate  Markett Namton croup income 5.53 5 94 Shmon Funch Sriro Over the vhf Loci ids and 597 419 Slock or 1.22 114 a pc 171511.74. ,. ,. Ontl Over me  pm 551  growth 56i 60s �.9 � 49 q. I am a 15-year-old High school student mls 1� 52 "eauify""�i734uii45 .1 "7l,   need of advice.  the last Lew years i be q. I m a widow who recently inherited ids to. 499 5� gov trl 9.� 9u 5i, or ii t bought Odd lots of microwave associates  third of a farm which has been tenant Mutual 9.35 ions income i4.ij is to Wmk fled. Address graph Ria. Should i make any Farmed with the former owner receiving 9 �"27 ,.- of  changes to increase dividends i consider $3,000 _ one4hlrd of the total profits. I Vor pay 4.4s7.oi Enero a to Nash 1.779.51 these As my retirement fund. Wonder whether i should buy the remain moot to " " Surj writ asst is Jet a. Retirement from what High school ing two thirds 48 acres at to to $800 Perg Rutn 434 477 Neami .9i . Solo 13751143 i be had letters from foresighted readers acre. A Tui 2 12 Swirn o Kisst a 5 � g before but this one wins hands Down. A. If i be got the figures straight i can str  1054 h me to m ioo7 . A c 477 ,6 seriously there s nothing wrong with a see it As a straight income situation. Loi l7 found  " nkhiat11 14.12 flu Arlt " a l course potential Gam  land prices and oau4 cd ii9iul. Wet Ivor 14 ban. Com  4 � w Ohn  i77in.l Nuveen v 63 10 14 of veil 498 544ohn Hancock Omega 10 43 10 75 p Rorri 314 420bolnc 903 9 one will 11.93 no. 51 a Bol 9 34  find cd 19 57 i 77 Oppe Nelmer St for or 5.99 m  5 614 aim cd 94010" 5tote 5i, 4t4775kemper fungi of and 414 4/3 slew Mot fund income 10641155 income 191 974 am ind 2 31 a or or 734 107 ony b 1 00 ii l. Cd Lwon my 1.00 no to feb 13 4. N t. Ovett kl.4j 11 l. Mun by 10.7711.31 time f 7.76 141 oem 630n.l.sumil 101911.44 dec Sec 1.6/13.72 Sam r4o Fondl the cml 7.45 i 14 Porot 13 9 59 Balanc 17.41 ,Totol b 10.10 iid4 Paul Rev .95 4.50 cown 194 .k.rilon. Fund Fenn my it . 5totk 17.01 .cull 01 11041114 Perm so. 24 . F ,.77 9.51 curl by 191921.74 " cd � 107 Jet c no  cult b4 1 47 9 34 " j f T temp by 1.03  k1 7.11 1.54 Phonn f .741047 tron Jot cult k3 5 24 5.73 he of trim a 9.35 10.14cull is 17.4019.33 jul f js1 Troy Seq w.19d.14 cult s3 9.31 10.11 Captol 3.53 3.75 Tudor h 14.12 ,cull s3 j.7s 1 47 income 9 21 � 77 my co 4j h cull 54 3j4 419 w  of 20m i 4.12n.l. Apollo 4 02 4.39 Fine St 10jo . Unified 1.46 .Pohjn 134 341 Pioneer fund a Loo service  group fun cd jo1 3.s3 bad s by  13jcp Lear 13.49 1415 i Punk ii 15.71 17.17    47, 9.00 914 planned 11.74 13 74  Cape  ,23incom 10.ooi1.il we to 1094 194 2.j  1411 14 19 Ftp to 1 14 1.91 ,., to Lite Only 7 34 1.03 a cum o.34 493lhcoul Janonal jjs2, m 7.44 is Selc am 7.17 . Corn 10.13 . Con9,a Selc Sal 12 54 . A Era 10.97 . 0,0 inc 9.44 10.34loomll say Fri Hor 723nl. A com u.15l1d9cop do 10 is . To for 10.23 . A 5,5, Mutual i3..l pro cd 4.13 . Vongdy 5.24 5.73 Lort Auben et"T.01 it _ uld Svca 1.43  12311 prod Syl 9 so 10 31 us co 7.43 no. And Deb 1154131 Putnam fund usaa  1144 .Incom 3.sf 344 conver 12271341 us q ,5 ,94lutheron brother foully 9b 0.11 vo1m l1mbroh cd 104311.40 Georg 13.721499 to lne 706 7 34bra inc 9 31 10.j5 or win 104411.41 vol Najj abbr mid 10.141113 Neom 13 117 Law pm 9941019bro u5 9 is 10 77 Neil 51 1ji vol so 4 43 4 Ujj  co Tae Vance Sunden Frem Iii �94 Villa f 1 1211.06  13.791507 ind f 73 105 Oyog 1 25 13.h ,., 714 imms.fio1i Bolno. . Yaj 639491 Mau Al nonce Sci Oei Erv f con 5., t20 j w Mit 10311.34 Revere f 60n.l v 5rt l g it Iii Mig u9 9.05 Safe Seq 11 9.97  Drill 1 i � mid 14 99 14.16 Woteca g 17 997 Vas sirt group Mfd 1334 13 � � i Cap 07 113 a  n Loco 13.79 14 17 sept get 7 .30 1.01 tit Index i3j2 . Mfg 1541 6.9 Coop Rma 7.14.lmms f 9j.�. 4 Comotti �.l. A 1 49 . Mathar 1343 . Income 14.94 . Enrit 947 a my a pts 13,15 14.04 ill and i3j9 . Sta i2j7 .ml a  Mot �1 im3nl. A m 9.79 .mid am 5.33 5.71 Mun by 1041 . Woumn f..l. Moner u l..l. Swim b?".1 win def Hui .many cd 9151000 oct  vat a1.4, 3.7, cd 14.11 . Barfty 03 4.40 us 4j5 4.94 Mil inf 9 to 10 05 Irrma 741 139 i  cd 1.41 917 Ultra f 10.01.94 Duff cd it 495 755 Mif Gro 3.14 417 267 110 1.3 oct pvt a 09,300 � a 2.91 10.0 o k Mori m 2s5.ioo a 2.15 i4.q 1. Ron am air 143.200 s of 7.0aei pwt 06 303.100 23 us  i nose co Mihk or inf it to tit mock div Oom off cart i a Ltd Jan  1.40 so 7w $4.01 1w 2.s supo4l 1.10 100 2 i2.si  0.9 both of to 3ft � u Rev not Leo 41h  1.m 10,0 u Tilp o 190 x  i. It 14-0 7.3  can jut Ihu f .6 u cities sri 3 sm4  2 7.0 5.1 Arfer it m 174 114 i a 9.0 5.0 pol cans 1 v. I1 3.15 15.0 1.1 cum Lett 1.40 ish i1. 1,97 10 Salm Camovito my aril us y urn Stock Oty Vel com earns be pm syn Lex Sog Iio Joo 19h 3.04 10.0 ill Insl rum ill 13.000 04 Houi no 41200 ill ? m to o Vij Coachm .25 45.400 13%  .0 1.9 Domton Oil a 9 0 j4 34.0he r corp 34.300 0 70 9 0 dome Petro 3x100 37"i 5.13 7.0amt comp Iii. Largel hoi Chan com to pfc Orv com Cli a Terni be vie report Lintl b 3du. 10.75374be Gnu to 3d a 1 3.71 1vo 1.7 Petro Leola 34h � a 3.01 12can sup Chi 47w � h. 5.11 9.11bow Vail .10 79hl to. 0.44 43.0 0.5 Corn Laii .1 17 t 1 ". A rail is 11u 1 1.91 4.0 1.7 sounder to 9 0?. 2j4 4.0 13 Blanc s Jug 13im of. 1 74 1.0 51 lev Camp 3m Rte 1 pc 9 9be Pitco to commas ratio pm dividend Yod def deficit Ltd Vlad  a town k per cent divided  Fleck of manat Lolen 13 Monon. Tau Derrod you say the former owner of the 72 acres relic cd $3,000 As his share of the annual profits. That s hardly a glamorous return  72 acres of land Worth even $800  acre. Or w3.200 investment is not exceedingly generous at a time that much Money  aaa Bonds would bring about $3,500 to your mail Box every year with no owner ship or crop worries. Better get some expert farm accountant help  arriving at  exact final figure before you put nearly $30,000 More into the venture. Q. I am 38, earning $25,000 buying e Bonds and contributing to my employer1 Stock program series e Bonds i Bough some time ago arc now beginning to mature. I m thinking of cashing them  and putting the Money into time Cert i. Cates. Don t. If you Cash  is you will subject your self to income taxes at your top bracket furthermore the Money you Transfer int savings accounts will begin earning tax Able interest whereas the is Are now grow ing at the rate of 6 per cent a year Anc costing you nothing  current income taxes.  your lax bracket there would to no gain from switching is to taxable Sav Ings accounts. Q. I m holding some Utility stocks which have done Well for me so far but i m told this is a bad time for utilities and that thei should be sold. A. Sounds like Loose talk to me. You  two solid Utility issues. They be done Wel for years and paid Well. Don t listen u people who Mouth generalities covering Ai entire Section of the securities Market or. A Bulky welcomes written ohm sons but he but blame , Wen Only through the column. For Busti 101 growth and dividend Stock please include a Mil addressed Stampe envelope no Freim Sta Mim. Nip Nui  x of immii1h,  chuck4u dress your request to Sam Shulsky can of it stars and stripes Apo 09175