European Stars And Stripes (Newspaper) - February 22, 1981, Darmstadt, Hesse                                Page 18 the 8tar8 and stripes february Marf Marks with Eye on Reagan new York up president Rea As presented an economic package of tax cuts and spending reductions to Congress last and Wall judging by the Stock braced for a Battle Over the next several trading has been slow and there Are no indications that investors Are about to do any serious buying in the near future be cause of the uncertainty Over How legislators in Washington will treat the administration government reports Are adding to investor hesitancy by showing a Strong Economy at a time when Reagan says the nation is on the verge of a National against this the Dow Jones Industrial which plunged Points the previous managed to gain Points to despite a loss thursday following reagans address to other indicators lost the new York Stock Exchange Index shed to and Standard a poors 500stock Index dropped to declines topped advances among the issues Many brokers noted the Dow average has been out of step with the rest of the Market for about a big Board volume for the fou Day week totalled compared with traded the previous week and traded during the same week a year the Market was closed Fot presidents Day on the Best news investors got was that first National Bank of Chicago and Continental Bank of Philadelphia Cut their prime lending rate to 19 percent from the prevailing funds new York f qua silk following it a a of bid and f or on t and be funds fund quoted up Goth the Nash bal Hui England 2134 and direct Burn pro inc bid tax Dean Able ate Bonds est or Acorn cd cd funds adv cd la shr future 9 pay so age cd inc rash so aim be so con old cent 16 1347 go or b hid sch z f Alpha cd fish g Genf am birth and in inv f fund vent inc 440 am bal Goth inv am Cap f inc Ivor Bond group am mul cd cd cd an Gro and a f 7j4 and inv r cd bal 1248 Glt am cd for or inc am Tif sex and sir 1 c a try cd yield sex new funds 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colonial try fund mat by growth t Pac cd she i yield opt Valu int income sep am and in 941 Opl inc Salt cd by 1 tax my Sec cd 2 Colum g ind 1442 f cd cd 7 54 7 a in or 545 by c 8j4 by Bond comp by at f comp cd Goth Concord la 4j8 am f Cam general cat 14 4ji 11 in mrm 9 14ft or 10 11 11 spa Seq Wise inc curd cd inc eke Ina his Mut in Hub Weed Struther Wen comb fam the inv m com inv to 17 Cut Rutn go yield indu inc of con i in Val con lev c sex f Delaware Inott or and decaf 1384 indic silk Irving Trust Cut the interest rate it charges brokers for Loans to 17vi percent from 18 several other Banks went to 18 percent from 18v4 the which experts thought would Cool off Early this is showing More strength than the government reported housing starts Rose percent in personal in come jumped the factory operating rate increased to 80 percent from percent and Industrial production Rose the slowest increase since last brokers say the Market is Likely to continue struggling while Congress debates taxes and analysts said it would take a significant reduction in interest rates to draw investors Back to the Stock composite volume of nose issues listed on All exchanges and Over the counter totalled com pared with the previous american Telephone the nations most widely held topped the nose Active rising 1 to raised its dividend payout for the first time in two Eastman a Dow average Compo nent As is was the second most Active up 3te to the company earlier reported sharply higher another Blu Chip was third on the Active off 1vi to Elpaso shed to in Active Algeria broke off talks with Elpaso and government who were trying to negotiate a natural Gas con tract which has been fighting a take Over bid by Canadian Pacific Rose 6 to 40 in Active trading after agreeing in principle to merge with Dart Kraft Wallace Murray climbed 5ft to household finance has agreed to acquire Wallace Murray for Cash and Copeland Rose 6 to Hillman has offered a share to acquire Copeland Malone Hyde lost 4 to the food distributor said it incurred a Large one time loss on an important regional Cus Tomer it on the american Stock the Market value Index skidded to declines topped advances 481271 among the 926 issues volume totalled compared with the previous week and traded during the same week a year Gulf Oil of Canada was the most Active amex off 1 to Cyprus up 316 to Champion Home builders was third most unchanged at the National association of securities dealers Nash a Index of oct issues lost to investors guide by William Doyle we Are recently retired and have an annuity coming our elections for settlement of the annuity Are to receive a month for 10 a month for life or to take in a Lump sum Cash surrender we Are considering taking the and adding enough to it to buy a insured 182day savings do you agree with this very much at a month that annuity would return a Shade More than 12 percent part of which would be your own Money Corning Back to As i put this through the insured 182day savings certificates Are paying interest of better than is percent with no invasion of your letter simply provides additional evidence that annuities Are usually mighty poor i have been informed that a person with or More can negotiate with Many Banks and get a certificate of depos it cd that is different than the conventional 182day savings certificate and also pays greater can you comment on this the information you received is basically but Only half right on one big you need to get a negotiable most of them come in amounts of million of if you have or More you can go to almost any Bank or savings and loan association and negotiate Gle comes close to be the descriptive word Over what interest rate the Bank or will pay you for leaving your Money there for a fixed period of time any where from a month to a youll get higher interest than you would on 182day savings in a negotiable cd Nick named jumbos because of their size Are similar to smaller saving certificates available at Banks and Thrift but there Are a couple of Federal Deposit insurance Odic coverage at Banks and Federal savings and loan insurance folic coverage at stops at for each if you have a jumbo of More than you dont have full Federal Agency that Only a minor assuming you Deal with a Strong Bank or if you need the Money from your jumbo before it you can get out without suffering an interest you can sell your negotiable cd in the marketplace much the same As you sell a Stock or a Stock pulse by United press International copyright 1981 1981 nose composite most actives by volume Stock old ambit nil Selcon Aetna of comb e Delaar a Nav Sonych Texas inst cont air in trn Sam vol close earns be old 53vb 800400 31vfe 37v4 64 26u 15 109v4 12 18 640 167 nose composite largest not changes Stock close chg earns be old sup of 208 03 of cup set inc 18234 Suva or Texas inst Schlung Faberge Morrod Helm a amal Sug r 3 3v4 r 2 23 2 30 42va 2 2 u amex composite most actives by volume Stock Cyprus up Champ he Houston Ranger on Camor Gulf cd Mccrody in wangle a taped Petro Lewis vol close earnt be old 1 96400 46 33v4 21 33vi 33 24 045 17 u 04 amex composite largest net Slock close Post up Al Rev sex Jar flow Genet Hasbro Forest lbs a get Lech Lecam wow engy Teton Rich Rich sex Cage earns be 26 206 2 29 2 12v r w 34 1 47 r 4714 Ivi 37 mlee the rafts Yew dido and Stew my 07 you i Stock latest 12