European Stars And Stripes (Newspaper) - February 1, 1981, Darmstadt, Hesse                                Page 16 the stars and stripes february unsure Market seesaws through week by Marianna Ohe up business writer new York up an indecisive Stock Market wobbled to a mixed close last week As investors unsure about the business Outlook heard president Rea Gans first detailed words on his plans for the reagans forceful words at a thursday news conference confirming his commit ment to tax freezing pending Federal regulations and doing away with the Council on wage and Price stability generally impressed investors but Stock prices see sawed throughout the week alternately surging on guarded optimism that interest rates May be coming and retreating As investor caution reemerged Over persistent Infra the new presidents order de controlling Oil and gasoline prices turned into a great no event for the Oil issues Tum bled As traders had already discounted the decontrol news and began Selling Oil the Dow Jones Industrial which plummeted More than 33 Points the previous Rose to it Slid spurted tuesday As Treasury Secretary Donald Regan pledged economic fell again Rose thursday the Dav of reagans i news briefing and inched lower the new York Stock Exchange Index dipped to and Standard poors 500stock Index dropped to declines edged advances 971936 among the issues big Board volume totalled compared with traded the previous week and traded the same week a year some encouraging signs emerged during funds new York f qual following is a a bos or of bid and f be prices on t and funds funds As quoted up Goth England the Nash bal Hind Burn pro inc bid tax est Dean Able ask Bonds sex or Acorn cd cd funds adv cd la shr future 9 pay so age cd inc Resh so aim be so con old cent eds go or f 19 b hid so a so z g lag Alpha cd fish in Genf am birth and old z inv Amer funds f fund vent inc am bal Goth inv am Cap f inc intr Bond group am Mut cd cd cd z z an Gro z z and a f will z z and inv r 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decrease could ease upward pressure on interest the nations leading economic indicators declined percent in de the first decline since an economic Coo Down also could bring inter est rates composite volume of nose issues listed on All exchanges and Over the counter totalled com pared with the previous the steepest dive of the week was taken by Goa the Stock plummeted to including a drop Ltd topped the Active up to after reporting higher fourth Quad ter Texaco was the second most Down 3 to the Oil company announced one of its divisions would form a joint venture with a unit of among other Oil Mobil skidded 4v4 to Gulf to Atlantic Rich Field 1 to Standard Oil of Ohio Superior Oil 6 to and Marathon which reported a slight Rise in fourth Quarter 5 to Sun which announced an 86 per cent drop in fourth Quarter earnings due to termination of its shipbuilding fell 4tt to about the Only Oil Issue which gained on the week was up 1 to it announced slightly lower fourth Quarter earnings and plans for a 2forl Stock not was the third most Active up to 27 the firm said it  explain the stocks fourth on the Active gained 3v4 to after reporting a 1980 profit versus a loss for the previous on the american Stock the Market value Index gained to advances topped declines 395388 among the 938 issues volume totalled shares compared with traded the previous week and traded the same week last Gulf Oil of Canada topped the Active up to Houston Oil and Miner als was Down 1 to and dome Petroleum was Upo to investors guide by William Doyle i own a convertible debenture of an airline it is dated and will mature it pays 6 percent annual the air line informs me that the debenture is convertible into the airlines common Stock at a conversion Price of a please explain Why the conversion Price is so when the Price of that Stock is listed in newspaper Stock tables at around a if i hold on to this Stock pulse by United press International copyright 1981 1981 nose composite most actives by volume Stock div Ltd corp a Texaco mate Tel Exxon up Bluebell Brunsk my Sou Patrick pet Ralston Goa up vol close earns be old 40 52tt 77 33 11 10 7 0 49 nose composite largest net changes Stock Goa up 49 sup of 190 Getty of Tel Dyne inc Ltd spa Mavero comp tvs teen cold Chi mlle up Schlumb amex composite most close Cage earns be old 32 21 66 31ft 105 13 6ft 4 3 3 3 3 3v4 3ft actives by volume Stock dome Petro Pat pet was Houston Champ he Gulf cd in banknote wangle get Bas Pel Adams rest Ranger Oil vol close earns be old 69 12 20 2 36a 12 26ft 15 amex composite largest net changes Stock Kirby exper Rich sex Gatesl a turn Para Dyne Pat Pel was Adams rest Telon Rich univ re sour Scurry rain close Cage earns be old 196ft 4ft 37ft 3 3 2 2 2 2 55 35 32 12 26ft 1 1 56ft 1ft pm Price to earnings ratio Ltd dividend item Del deficit Sefc yield m Stock earnings latest 12 unaudited debenture until will i receive must i convert it into Stock the conversion Price at which a convertible Security can be exchanged for common Stock of the same company Sel Dom has any direct relationship with that stocks Market Price the Price reported in newspaper Stock the Market Price is the Price buyers Are willing to pay and Sellers Are willing to the Market Price of the common Stock of that airline along with other airline stocks has been Way the airline Industry has been the conversion Price is the face amount of that debenture you would have to pre sent to the airline in order to receive one share of common you hold a face amount with a conversion Price of if you turn in that debenture to the you would be entitled to receive a bit More than 6vi shares of the airlines Stock about Worth of dont make the mistake of convert ing if the Market Price of that air lines common Stock zooms to or higher Between now and you can think about of is a most unlikely just hang on to your debenture until its maturity Date when the airline will pay it off at face on youll collect i am 82 years to save trouble for and my i am considering a service offered by a big brokerage for Only every six i can turn my stocks Over to them and they will take care of All the details of collecting seems too Good to be is it what you Are considering is known As putting your stocks in Street name registered in the name of the broker age the companies in which you own Stock would then Send the dividend checks to the brokerage which would credit the dividends to not so Many years brokerage firms did this at no Many still do if you have an account meaning you buy and sell securities and pay commissions on each keeping stocks in Street name can be a whether its Worth every six months is your