European Stars And Stripes (Newspaper) - January 15, 1978, Darmstadt, Hesse                                Page 16 the stars and stripes Dow average Falls to 33month Low it if tall them in by Frank Slusser new York the Dow Jones Industrial average plunged to a inv Mph Low lost week As the Stock Market registered deep concern Over the dollars weakness abroad and rising interest rates at trading was the Dow which plunged Points the previous fell another Points to the lowest level since it hit on april the a loser in eight out of nine 1978 has Plum meted Points in one of the worst pro longed slides since a 73potnl plunge during the 1973 Arboit other averages also the new York stack Exchange common Stock Index fell and Standard poors so Stock containing some Over the counter dropped to the lowest level since it finished at w 46 on declines routed to among the issues crossing the Compo site big Board volume totalled compared with in the previous weeks tour sessions and 410 during the same week a year composite volume of nose issues listed on All exchanges and Over the counter totalled compared with the previous a major culprit in the markets slide has been the Federal Reserve which tightened credit and raised its discount Rale or member the de signed to Aid the have resulted in higher interest rates at the prime rate Rose Quarter Point to a two year High of 8 and traders were fearful rates would Rise further after the fed reported i billion surge in the nations Money the labor re ported december wholesale Rose Mutual funds prices Down from percent in Novemb the department said its finished goods Price Index which t is beginning to stress Over the Dpi climbed up from the u per cent Rise in Budd which gained 8h the previous was the mos Active nys listed up to 3za on after revealing that Thyssen a of West Germany has offered pm a share for it american med corp was the second nest Active off to Xvi on 200 the firm is in the process of being acquired by which won a bidding Battle Over twas Hilton internal general motors was the third Roost Active off 1u to on analysts Are concerned about con Sumer resistance gets smaller Ford motor 2 to 4ih in Active the Federal Trade commission charged Ford sold cars with defective in the Etc said Ford initiated a compensation program but didst Tell the Oil and other Energy issues were amid uncertainty Over what Carter Congress will do about an Energy Superior Oil Rose 7w to 244 on Compromise will be reached on natural but other oils Getty dropped u Ohio Standard m to j toy t re Renou to Atlantic Richfield 4 Marathon Oil to and Schlums Berger 3w to on the american Stock Zhav Market value Index plunged 2 41 to and the Price of a share arts or declines routed 607 to a St among the issues volume totalled pared with the previous week Ani during the same week s Houston Oil to minerals was the Active amex off 1 to 30 on 8mb flying Diamond Oil was off w to on Wal noon of was off 1 to new Lupin h 1w to and Arlen m my mtg Fate i 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3 h u in u u 14 u be pret to Nln Girault it find ii w since the children wont pay any income taxes on this what you have is an investment compounding at 74 percent annually which is not a bad Deal the Only alternative would be to Lake the Market risks inherent in common shares aimed at capital pm re Ltd a Tab abort to i baht Lor in of 1 they yield 6 you can get t to 7 percent from Treasury Bonds same same Guaran tame nothing wrong with your budget that a couple Hundred urus and dollars Worth of h Bonds  help but h Bonds Are Best bought with accumulated e Bondt on which the interest accrual tax has been please repeat the Andreu far Lefor savings Bonds information Treasury for reporting stolen or destroyed or for forms necessary to make any changes in ownership Bureau of the Public 200 third Par where can i gel information on the option Market the Chicago Board options Exchange has just revised brochure on options and you can get n by asking the Exchange at department Lasalle at Jack 1 own Odd lots at Utility and Oil rat been Tou nuke much More Money by investing in Opulos that writing do i invert in options on a Small scale ii you owned 100 Sharet of a Stock in which options Are traded you could ask your broker la write an option against if you want to write an option against Stock you dont own you would have to put up sufficient collateral to protect the broker handling the options Are not a 5or i share nor is there arty guaranty that you will nuke or that you wont lose what you have if it Switsky will ten Bat be Wui ame to for Tuu of growth Tod dividend i teme include envelope no foreign a4 your to Sam can i stare and Apo