European Stars And Stripes (Newspaper) - June 22, 1986, Darmstadt, Hesse Sunday june 22, 1936 the stars and stripes Page 19 business news stocks Post Small gain for week new York the Slock mar Ket managed a slight Gam last week de spite pers Sieni fears thai prices would suffer during the in hour of i railing on Friday As trading expired in june Slock Index futures Index options and individual Slock options. The Dow Jones Industrial average jumped 23.68 on Friday to close a i 879.54, for a gain of 5,35 on the week. Friday s so called triple witching hour had investors anxiously awaiting the final hour us trading. However the volatility thai some Markei participants fell would Pul Down Ward pressure on Slock price1 failed to materialize. Traders were cautious throughout the Day said Trude Latimer of Josephthal & co. But because there has been so much publicity about the expire Lens there was a feeling in the Market that things would not be As bad As the previous Latimer was referring to the last Lime inc quarterly event took place. On March 21, the Dow plunged nearly 36 Points with about 28 of those Points shed in the last 3d minutes of trading. The was also some concern in the mar Ket Over the state of the Economy. The government released More weak economic data during the week. It re ported that in May housing starts fell 7.4 percent and personal income declined 0,1 percent. Gross National product in the first Quarter grew at a 2,9 per cent rate slower than an earlier estimate thai put growth at 3.7 percent. On Friday inc government said con Sumer prices Rose 0.2 percent in May he first Gam since january. On the trading floor at to was the most Active Nysla Lis cd Issue gaining a to 25%. Commoner Jilli Edison followed up i i to 32vd, Dart & Kraft was third jumping fifi to 64dan & Kraft with $10 billion in annual sales said it would split info to companies Kraft re. With so billion in sales Anil another rom pan yet to be named and leaving essentially the same entities As before a merger sin years ago. Ism lost 2 n to close the week Al 147v,. Upjohn plunged 9 to 921/. The com Pany said the drop was due to publicity surrounding a letter to a Upjohn from the food and drug administration criticizing the company for a recent false and misleading statement about its hair re storing drug minoxidil. No industries gained i it o 14. The company said it had received a letter from amalgamated sugar indicated amalgamated desire to discuss a merger. Weaving and apparel issues again attracted buying interest Fiel Crest Mills the previous week s biggest Winner added 6v to close at 7b /4. Analysts said the aug. 1 removal of Price supports for Colton the textile Industry s primary raw Stock pulse by Unland pm Nunu Sionil c Ltd ,jwm20,1h4 nose com polio mom Actton a Volu q. Vol Fox Elritt old dirt Al 3.7j1.8m my 3.5s 1b.o 2.7 Camuel 3.1u.mo 3j 4. 7.0 9.2 at4t a.i9fl,Soo 2sh 1 s3 170 4-7 Cislyn a 9krum Jaeth d to red in Luckini Mtoagi ta1 Limo Ritrivi 18v, 2 105 170 07 30 is 039770 0,7 a atonal would have a favourable Impact on earnings. The tobacco group strengthened on news that a Federal jury in Oklahoma Friday ruled . Tobacco co. Was nol responsible for the cancer death of a High school athlete who had used the company s Copenhagen snuff Fornix years. Ii a. Tobacco gained 7 /. To 40v4. Philip Morns advanced i to i9vn and Rwjr Neil Esfi was up 1 i to 51 Vij. Among actively traded Blue clips. A Avillar lost � to 8vp. General l Eric w.i5 nil i to 81. Sears advanced to 47v� and american express fell 1% to 59 i. Overall. 1,199 issues pasted losses while 779 showed gains among a total of 2,175 traded. The Dow transportation average fell 8.37 to 778.13. The Dow Utility average advanced 2.80 to 190.49. Broad Market indicators registered gains. Standard & poor s 500-Stock Index Rose 2.85 o 247.s8 the new York Stock Exchange composite Index added 0.65 to 141.63.big Board volume Loia cd 629,777,600 shares compared with 626.009.901 a week earlier and 510,293,014 during the same week a year ago. Composite volume for inc week was 735,804.740 shares compared with 727.709.050 a week earlier the american Stock Exchange Index fell 0.98 to 281.65. Losers outpaced win ners 466-306 among 926 issues traded. Volume was 45.669.855 shares com pared with 68,244.050 the previous week and 34,350,390 during the same week a year ago. Wickes led the amen actives off a to 5h, Horn & hardart followed Down i i o 12v. Bat industries was third up 5/16 lot. Multilingual computer simplifies translations Hong Kong up Rudyard Kipling wrote that East is Easi and West is West and never the Twain shall but then he never had a Chance to use a multilingual computer. A new desktop personal computer to be available later this summer Bridges the centuries old communication Gap Between european and asian languages providing facilities for both in one computer. Looking no different from other per Sonal computers Hewlett Packard co s asian Vectera terminal allows users to in stantly switch Between English and the Complex ideograms of japanese simplified or traditional chinese or korean. We have figured out How to Combine both language systems and we have done it in a very simple Way said Hewlett pack Ard executive Robert Puette. An accomplished user of this system should be Able to Type in chinese As fast As in european languages with Standard alphabets and phonetic bases Are fairly easy to Transfer into binary based com Puter talk. But computerizing asian languages that use thousands of ideograms to con vey concepts has presented a problem a keyboard with 20,000 keys would be inefficient to say the Leasi. Hewlett Packard s solution was to re Duce Oriental characters to Basic combinations of Brush strokes called radicals each using a Button on a Standard keyboard. The same buttons feature a Western alphabet when the computer is operated in English. A pc ctr user can compose characters by punching in the Correct combination of radicals to electronically Straw the desired ideogram. Characters also May be retrieved from the computer s memory by punching in two Basic radicals the computer instantly offers a roster of characters based on those combinations. Character delivery is nearly instantaneous As the pc ctr s dual language Mode is stored on a random Access Mem Ory circuit Board in inc computer. The Tom Putur comes with a Choice of ram cards offering traditional chinese with 16,000 characters simplified chinese Wilh 8.000, korean with 13,000 or japanese with 7,000. Users can add characters to the Basic vocabularies. The processor which uses a Standard operating system has software packages available in each of the four asian languages for word processing graphics database file management spreadsheet and data communication. Investor s guide by William Doyle q. When i retired i received 1,500 shares of Ibe Eom Piny for bleh 1 worked. This we ram my Prohl Stu int account i just sold ill Thil Stock at $54 Aluk through a discount brokerage firm. The broker s commission As $12. Was that a fair charge a. Sure. Fair is a word open to various definitions. You might have paid a higher or lower com Mission by Selling through other brokerage firms. Most Likely you would have paid quite a bit More if you had sold through a full service brokerage House. Each brokerage has set its own commission rates since May i l975, when the securities and Exchange commission put an end to sky High fixed commis Sions. That Date went Down in Wail Street history As mayday after the International distress Call. Many brokers lost their guaranteed annual fortunes. Trying to figure out the Best commission deals at various brokerage firms drives most people to distraction different firms charge different rates based on the number of shares and the share Price in each trans action to get an exact fix on which brokerages charge the lowest rates on All trades. If Vou had put some time and Effort into checking out commissions at a number of other discount broker Ages there s a fair Chance you would have found one chafing less than you paid nonetheless a s225 com Mission on an 181,000 Trade has to be counted As reasonable and fair. Q. T recently sold Stock for the tint time in my life. Will the broker Send me a Check for the Selling Price less i commission a. Yes. The broker s confirmation statement which you should have received by this Lime lists All details of the transaction the per share and Tola Sale Price commission and net proceeds due you. The net proceeds Are available to you Al the close of business on the settlement Dale the fifth business Day following the Trade Dale on which the Slock was sold. In theory you can go to the brokerage office and pick up your Cheek at the Clow of business on the settlement Date. In practice the Check should be mailed to you the next business Day. Q. 1 am interested in purchasing Stock through a discount brokerage Nhoh happens to be located in a cily rather Distant from my Home. How out i Check this firm s credentials ii claims to be a member of sip and Nash. A. All brokerage firms doing business with the pub Lic Are required to be members of securities investor Protection corp. And the National association of securities dealers. Many also Are members of the new York and or other Slock exchanges. It s More than unlikely that any brokerage would fib about its memberships. You can ask thai firm for a copy of its latest Finan Cial statement. Bui it s unlikely those numbers will be much help to you. How a Cal or How badly at what prices your Purchase and Sale orders Are executed is the Best test of any brokerage firm. And you won t find out about that unlit you do some business with that particular firm. Q. 1 bad 300 Thara or a certain Stock in my Keogh retirement account at a brokerage firm. A Roii for three Slock dividend was declared. The brokerage Seal me a confirmation Klip for 99 additional shares. I argued to no Avail that in should be 100 Sham who is right a. Even though your terminology is a bit mixed up you Are based on the information in your letter a four for three Stock split is the same As a 33.3 percent Stock dividend. Both turn every three shares into four shares. Your 300 shares should have become 400 shares. The brokerage firm should have credited an additional 100 shares to your account. 1$ it possible that your information is slightly off base if a 33 percent Stock dividend was declared you were entitled to 99 additional shares. King Fikus com Doh Tamm in i qum Boni. Tun in no Karidi Inton onh thou Oli m Fri urn. You in writ to my to in it tin a Ioel
