European Stars And Stripes (Newspaper) - July 31, 1977, Darmstadt, Hesse Page 16 the stars and stripes july by Frank Stock Market suffered la swot loss in 19 months last week in reaction to disappointing earnings and government reports that pointed to a slowdown in the the Dow Jones Industrial a 20 Rofot Winner in the six sessions prior to Tut plunged Points to 890 the worst weekly Low since it dropped pains the week ended the new York Stock Exchange common Block Index skidded to 5412 and Stan Dard poors he Stock containing some overt counter dropped to declines routed to among the issues crossing the Compo site big Board volume totalled compared with the pre Vious the ninth busiest in nose his and traded daring the same week a year ago composite volume of nose Ismea listed on All u exchanges and Over the counter totalled compared with steel and Bethlehem steel three of the nations largest Basic Indus try lower convincing Many institutional investors the Economy Wai headed or it Spito of the Gross National product Mot per cent in the first Quarter and per cent in the r some unrest entered of Treasury Secretary that comment in an interview that he would not be disturbed to see the Dollar weaken More against certain the Dollar slumped monday against the japanese yen the slide heightened concerns about the rations record billion june Trade deficit and caused heavy president Carters budget Bert sparked some Selling when be Reite rated an earlier prediction Utah the Federal government would have a Bullon Defi Cit in fiscal 1971 following a billion deficit in fiscal which Cut its dividend to 25 cents from so cents a share after reporting Mutual funds prices new Tow found no by n o it m Prtrt pro try on Mutual fund a Odom by tin Hud july bid Juk ton it my inv h l Arino cd Jas Loo mine in to left Ace fit u Allt Lah cd i am him Minn an a qty in 14 and few do am Tat us troop to am Mill my 101 and a cud f a few ii am 4j4 inc am inv am part woul m re olt Amer oink a in but a sear a Colitt a pm it Jolt qty or com inv club of 1uhl con i in Cor try a ditto in i t to Oum Ink we inv m Hnton hit Huhl no Hormah a Man p i iijhjj4 Dom t itt Vagn duct i re 4jt orig sex Rigel or Hurt lit tin Stock r at in ids and of Idi pm Isi to Toi to Flam or we Nam int i 11 Al 119 b w we to koiu4 Vogli or atm t a f Kim Knell f Ekl dem Olms fit i m m Trwin 4j9 inn m 141 Tel it it Iii int ii ii Al w and Ivy fund a pm jaw cd 11m partner Nea my t Htu win of Van o Nyrin in new we no Cohn lot f Lut 3ml Itji us to inv o Ati Ivor inv com cd and am Prou in am Grin am if ten am inert a in in Ami of u4 is Ulim in 111 in us 111 Bri in id Iii i Anchor a roup Dolly in Iceni to a u Empro in ii Mem i inc Toj for 111 and in ii or Ltd Jjo my mat my Mun by ioji11j1 opt tin Tittl Jilis Tun pm to in conto in Simom f Emil Ilock it to blk ran 1iu3 ii Bobi inc Boh inv been hims id fund Itoi Molln Zuj Iii Mun Curitti Sohma trend onus and l Idi pm Blu or us us Bondiuk 4n in eat fan Carrh Bull 1b lilt can cd u in a Lehr us us Nuon it n Natad Mil ii m no pm 1i41hh co find co inc cd ppr pm Kab iu4 1us oat inv can a Fin on Fin ind Fth inc Dulic cd pm m f it Multi Al Jim Polim lit in i soul t to cult 81 do in Bijj Cint its Cuit h jj1 of id ill its 4ji us 111 Lilly pm omit co Lvov l Jet tin or web Wixom Holt Cal ii ii i Only juju 140 of and 4 incan Iii 141 Tot feb oct lion ill far Oral it foul Rev t m fun my Ohto cd Jet Mol c oat u out Fumm plier am soul 417 a Pihrt pm firm 1141 Caplola it 110 in com it in ii Niin us tit its mols Tahr h we cd Wal cd in had Pton cd plonk ii phed up on Putrn Price he Crowth incan Era new hot to it fro fact pan it to Rulh Ului Mam ii 1ui p a Hurt my f to t m hu7 f Spedl Frankw it by ii by my Wei Hal Gnu my w 77 Stan Bretn pm sat for Nice us us isms own cd Many Jam f a met us find of mall 4j la jilt Coli i o ii maim Ais Ohto 141 la for inc to Imit Lull Ltd set Kab cd i at Alavuo fun urea to form cd in it foot i comm whom Uita Meta n few us ind a nuts fund of Wal us hot Gid Hurt Tel vim f Mit ii ii Moul mid Mfd in Jujj Mcd ii mfg 1lwiu9 is Copal cd Alt my urn m a div m i Jesu cd flu ii mud i Himm in f to m1f it to Art Cao is i1m lilt 1040 ii j a it us it Tui Law ii ii my i 1js pm i Jet to Lac the plunging on Wowch reported j6 per cent decline in its was us Iwu Lauing Tojo pm on whose dec and Quarter net slipped per was the fifth Tau Kolve 3h to 51 on other oils and related issues suffered in the sixth mos Active fell u to 30 on Superior Oil plunged 8w u m Getty Oil to Ohio Standard m to 79 and Mountain fuel j i guff to Western was the second most Active falling to to 12 on shares after the new York times ran a series of articles on an sex investigation of the conglomerate general motors fell a to 68mi in reaction to a decline in the Auto giants mid m 1 for Sal Bijj n ii for by lot loll am ind aug cd inv to Demi bound a Ahtl Hohl Ittak wow f i tit Timpl c iuj11u trat ii Ujj it Ujj to Navy c Baliv nun inv to uti c Bud cd 7jt in combw pm Cool inc or Lori inn Reitik Van git us 5w do Svca in waa co i Tiaa in oh1 Fps vol pm Ahdi vol if Wai int us i in cd Lac com pared with the previous week and during the same week a year Houston Oil minerals waa the most Active Arrow up to on great basins Petroleum up to to sit on Reliance group warrants was off m to 1 on International couriers gained s to 17a after Gelco offered in a share for a controlling interest in the invent Kajtar its Byram Sulsky with interest Rales Many of discount Bonds will find to Beer Bonds being redeemed and their gains tub Jet to this tarts both Waytt they lose port of their capital to the tax and they Mast reinvest at lower interest t think you arc setting up some arbitrary conditions which wont Bear Bonds Selling at a discount Are not Likely to be redeemed for the very reason that they sell Ata discount because their Coupon is below current Nancy Market a corporation is not to Call a tit per cell Bond and pay Par for it when it will have to pay by per cent interest for he Money to replace any Lime a corporation wants to pay me Par far a Bond 1 bought for capital gains tax or no my and ii no 1u4 Mot Zsofi asst s5 Aslett who or it 741 Stock puke vie thick bldg Toltl 1 Harco to Duke p us Iota Are Ken Joo ambit 4j9 to join mod Al dam by Muu by 117 4 j 41 4jh in u Clito u4 town by in in la i1uu ii in Meta m too in no u of egg us Hal Vuc ont cd lib i to it atm in on Oil Conn Job do Crft Campb to if 5m 4m Ivi 44 1j i i ii in itt u Tut m j to in 10 it m re j m in m Achsh i Vii cum rim 3sh 1u Imbot i7u us lit 14 too Hajj it it j Najoo in u air m i7jw it 14 m 1uh Vomm Mounem Joel Jock am pm m u Lush u m want via nip it u int j it of j i lit u rut to Mcc i ont did Fri in to Csc Ullmo cd Call me capital get los ten edited Harmer mall paper Corn Vert late s per cent Bonds maturing in amid i convert and would conversion be at current prices there is no Point to conversion Bond Miry be exchanged for 25 shares of common and that a fixed rate for the life of the on the Day your bettor the Bond told at 1730 per 000 face value and the mock around Why turn Market value Bond for 25 shares of a pm Worth Ufa common Slock the Seq annual interest on the Bond represents a current yield of per cent and a yield to maturity of per cent is a dividend yield on the common of 5i per one no if a debenture is convertible into Stock at to a what that mean the face value of tha debenture disregarding current Market value May be used As a Bill to acquire Stock at to a share via the conver Sion in other the Bond is Worth if you want to use it to Exchange for its far simpler to Reph Rase the conversion privilege the Bond May be exchanged for 25 shares of common Stock i f divided by in confused by quo f the Market is asked Why a Trade take place at a Happy median theres nothing intrinsically Happy about a theres nothing in the books which says a would be buyer and a would be seller of a Security have to meet the Price at which a Deal is finally arranged is affected not Only by the bid and ask let by the relative length of the bid and the buyer May be lackadaisical about tha Stock and put out a bid of 3tt just to see what he can the seller on the other hand May be convinced thai the Slock la really Worth far most than 4 but will take that and no just to get his Money All bids of Are not the same neither Are All offers of they can vary in strength from is Habbi ble to 1 must have i own in e by Cath in pm a Bow Kun will the Money hut Ance the Fin stake grows by food every it should last Shi Viliy welcomes written but be will be Able to provide an for lists of growth bid dividend phase include a envelope no Torden Paw of Cost your requests to beat of the stars and Apo
