European Stars And Stripes (Newspaper) - January 29, 1978, Darmstadt, Hesse                                Page 16 the stars and stripes january Market plunges to 33month Low j j ii mib of Western publishing cum cd 4v4 by Frank new York up the Stock liter Brief pause to examine president outer tax and budget resumed its 1178 slide tvs plunging to a 33month trading was moderate the Dow Jones Industrial which managed to gain Points last Ell Points to its close thursday was the lowest since it finished at on april the Dow is off Points in the new York Stock Exchange common Stock Index fell to the lowest level since it hit on Standard poors 500stock containing overt counter dropped to the lowest level since it closed at on declines topped to among the issues crossing the composite big Board volume totalled compared with last week and traded during the same week composite volume of nose issues listed on All exchanges and Over the counter totalled compared with last investors sold this week because Wall Street believes the Carter administration is risking High inflation by pushing Tor expansion and a reduction of analysts and business publications such As the wan Street journal and business week Magazine criticized the president Tor proposing a billion deficit in 1979 and proposing a voluntary wag Price program that sceptics believe win become mandatory controls regardless of Carters Public critics Are betting Congress will drastically alter Carters tax program that Calls for billion in cuts and billion in Revenue raising the which would limit business expenses and Mutual funds prices new York up h 0 Iii do Odd aked on Muth fund quoted by Minaso Ctm of cont in in country c ii Mir ii 1 Junry bomb Acorn a adv Lew aft fire age cd 547 m allot not Alp cd ii am so run 949 1047 am Ely 441 Amor Oreg am Bol 1m 131 a cop 449 am Mill 941 and a 14411544 Capp a 441 Gottl am 145 inc am i c a 1u7 1145 he in Wom m and enl a obd us 941 a Gocr 144 4m a on inc a g Van my qty or 4j7 is and 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inc 447 lev pm iu4 vol pc 441 441 Omen p Neva p late to sate a o m i Cap Sipi into pm to Mai to Mai by 1443 and cd so 171 447 741 747 f f 0491147 ai4v44t 741 is com 441 oped it 947 i item 741 Morgn 5141 Trust 141 944 varied i u m to utter 144 447 Weng Tun Wim or t44 who we ape f my 171 Oeub m Neuwir pm if 943 no have Little chants of thus the tax according to business could swell to Monte vice president of Dreyfus said the Way Carter has fashioned these measures will require political savvy to gain and be Flat Hast shown much savvy in dealing with Eastman Kodak was the most Active nys listed off 314 to 45 on a Federal jury in a suit filed by Berkey photo ruled Kodak monopolized the Amateur photography Kodak said it would Appeal the Sony was the second most Active off to on some analysts have downgraded this Dickinson was the third most Active up 6 to 38 on Sun has bought 34 percent of the firm and May consider a sin two suits in the Sun Stock added h to Atlas fell 3 to the which is having serious production announced it May not be profitable in the fiscal year ending june Western publishing climbed to 24 in Active Hie company said it is continuing hold takeover discussions with other Newhall land it farming climbed 5 to Bathe company authorized the Purchase of up to a million of its own shares at a Vertex formerly known As pm Rose 4v4 to the already the object of a Osa snare tender offer from greyhound said it would consider other offers Bausch a lomb jumped 5m to the company reported higher earnings and revealed it and Revlon broached the subject of merger in recent nothing was Revlon lost w to on the american Stock the Market value Index fed to and the Price of a share dipped 10 declines topped and 450 to among the issues volume totalled com pared with last week and during the same week a year investors guide  Bysa Shulsky i was always under the impression that actual trades in a Stock set the Market i noted a counter Stock quoted 7v4 asked one the next with no shares the quote was dropped to 8 so the traders evidently decided to Cut the Market what sort of Hanky Panky is this an overt counter bid and asked does not indicate the Price at which any transaction took it is completely Stock by Preti Hinloi National  1971 1971 a Vic my or a Hume coma Campb pm Usk a Sara 11 4t in 19 540 74 4svt u u no u Lincoln j3h 110 110 14 in 101 19 s7h 74 sleek Cage Carat pm Vul Alan cup 147 me 1u u sup m 14 ilk 110 114 14 1w 141 74 m i in 145 u m in 14 men Active by Vellamo Ana Iorns pm pm i 14 354 140 110 19 7h m lot 104 34 an Beverly 4lt 79u 144 14 sum 7rt 14 Sui 451014 14 Stock c1 Odom pm pm so u9 174 4 sum 1 44 14 4 it in it in u it u u lit 4ih in 49 in us 111 4 Price to ratio unaudited different from an Exchange Price Given on the ticker tape or in the newspaper if you see a Price of Flash by on Exchange you know a Trade took place at that if the newspaper shows Xyz 8 you know that some Stock sold at some at 7a and some at i a counter bid and asked quote is merely the composite bid willing to and asked rolling to of All the Bro kers who make a Market in that on the first that bid worked out to 7a and the offering Price to regard less of whether transactions took place at either or in the next Days bid was lowered 25 cents by whatever fac tors influenced the Market in general or that Stock in the Market makers Felt that was a better bid for them to make than that does not mean they bought Stock at or 7v4 or the bid an asked is merely an Indica Tion of what some people Are bidding for the Stock and what some people Are offer am earn and plan to retire in three to five i have some a priced electro St Aad of most show losses Bat i have Hopes of recovery before too because of Market find a totos Ive been Wood Eric if i should buy to Utah Ltd ont know toe Basta of your most of your shares Are of Low Quality and shall not be named that Doest mean they cant if we get a wild Narket such As existed when you first bought them you May get a significant rally in these but if you want to be realistic in Pun Ning for retirement at a Young age Only three to five Yean youve got to Bank on More than since these issues Are already Selling at very Low 1 suppose you could continue to hold them As a sort of but any new Money you put into stocks should go into far More solid ventures which have better Chance than your present issues of being alive and productive three to five years there Are no guaranties in the Stock Narket but at least you should now give growth mad dividend