European Stars and Stripes (Newspaper) - July 30, 1978, Darmstadt, Hesse                                Use 16 the stars and stripes sunday july 30, 1978 Market gains As Trade deficit drops new York Dpi the Stock Market registered a Strong gain last week As investors applauded the smallest . Trade deficit in 13 months and a Sharp drop in the nation s Baste Money Supply. Trading was Active. Despite grim news that consumer prices roared ahead in june analysts said Wall Street was Content to concentrate on Strong second Quarter earnings results the improved Trade figures and dividend hikes by major corporations. The Dow Jones Industrial average a 6.41-Point loser the previous week gained 22.87 to 856.29. It was the Blue Chip Indica Tor s Best showing since it rolled up 27.37 Points in the week ended july 14. The new York Stock Exchange Index Rose 1.27 to 56.18 and Standard & poor s so Stock Index climbed 2.2s to 100.00. Advances outpaced declines. 544 to 238. Among the 2,114 issues traded. Big Board volume totalled 152,765,290 shares compared with 142,301,250 the pre Vious week and 114,964,780 during the same week a year ago. The Dollar firmed temporarily in Europe after the . Trade figures were released but finished lower on foreign exchanges. Consumer prices Rose at a 10.8 percent annual rate with higher costs or food housing and cars fueling the Rise. And the labor department said the average Amer ican s buying Power fell 0.4 percent Las month. Amidst a series of favourable earnings reports the Wall Street journal said corporate profits climbed 10. T percent in the second Quarter above year ago results. In the first Quarter profits were up Only 3.4percent. And in what could be a Boon for Wall Street the House ways and Means com Mittee approved a 116 billion tax Cut that Mutual funds prices new York Iurii Folio Artno if a a of my Ondo Tod or Len on Kuhnl fund us Quotel by of Naso in. Bid Art 14 9jo 140 u 14.21 . 9.7s10.1i i.j7 . 6.1 . 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Composite volume of nose issues listed on All . Exchanges and Over the counter totalled 173,011,360 shares compared with 162,971,790 shares the previous week. Airlines which have had exceptionally Strong second Quarter earnings dominated big Board trading. Pan american world airways was the most Active nose listed Issue up.1 to m. Texaco was second off a to 25%.ual, inc. Was third up 2 6 to 37. Also Active Ameri can airlines picked up 2 to 16u, and Bra Raff International 2ft to 16%. American air filter surged 13% to 32%. American air filter and alus Chalmen reached an agreement to merge their firms. Memo Rex picked up 10 a to 48 a the company has filed an offering of 1.01 Mil lion shares of common stocks with the 8.curities and Exchange commission. Bates manufacturing climbed for 58h. Bates Board exercised the opt buy 135,000 shares of the company s m Mon shares at we apiece. Polaroid added St. To 47. Its Board to raise the quarterly dividend to 23 share from 20 cents a share. Occidental Petroleum eased % to a Tets log the amex dropped 3 to 35. On the amex the Market value Nrose 2.31 to an Al time High of Isth a. Vances led declines 330 to 199, am1,043 issues traded. Volume totalled205 shares compared with 18,978 a previous week and 13,228,335 the week a year ago. Mcculoch Oil topped the amex list up % to 5%. International pm was second up i to 3 4. Total Petrola followed ahead 1 to 3%. Investors guide  1.19 4.0 1.5 Xvi m Iio in 1.017�h m  110 4.1 ii 1u, 1,-t no u he. 2v. 1.02  .41 j.91 14,0 1.1 Amu a hmm. My adm by Horn my Al Offlio   Oral  a pm data am of i pm 153,400 11h iij6 10 is 1k.700 it 0.13  u 130joo do Psi in u 9uoo so oj611.0shoo 55 4.1 u 1.9 71700 Llo oj310.0 4.4 59,700 77% 1w 5.0 1.1 Sam 40v� in 14 49joo it Init. Mar term b  he pm 4� u1m.o i 3s in 4.13 1,0  May Campin Taroy Ford can is jilt it sj4 u u 1h 246 do 7 1 am Dan Dukk Lold Lutack of manat Law 12 Mon i. To Ulm. Since gone of id Price wants me to Seu became it n a yielding 10 percent and buy mom Bond Stead. Bat i Caol he m commission to sell Aad  a. I can t see the move Lor any i the Bond has gone up in Price a hit f interest rates Are now below the v feet when these Bonds were Bow effective yield of course is Down so would be the yield of any on Bond you bought today. Sit tight q. We be held some Leid Viii for couple of years and have pointed in their record. Are As a growth Industry a. I d be reluctant to write off ral resource Stock in an inflate More specifically a study by j of the . Stock Exchange Scott Ball & Turben Point w and paper Board shipments were at the first Quarter of the year continue so what wife users modest. The study believes " Dusty s operating Margito improve that second que should exceed expectations soil increases Are expected for the Ter. The firm s analysis m Northern Nekoosa St. Regt of Lerback f or Long term commit Motl. Q. My late husband left Mem shares in which div Ems  vested. I feel i would a better w collecting the dividends. Sumii a. If you now need current 1� should obviously Tell the fund to the dividends instead of reinvest As to whether the invested funds better elsewhere i Haven t the idea since you Don t Tell me How have invested in what fund  i can say is figure out what vestment is now Worth we Price times number of shares. That l Money can earn 8%-� percent in. Market if you re not getting out your course is obvious.