European Stars And Stripes (Newspaper) - July 20, 1986, Darmstadt, Hesse                                I sunday july 20, 1986 the stars and stripes Page 19 investor s guide by William a. Doyle q. Even though interest Rit share declined Over the put couple of years some option income Mutual funds ire return returns of 14percent on $10,000 in vestments. With such High rates of returns Are those Rands considered speculative investments a. Option income funds reconsidered More speculative than some Mutual funds less speculative than others. The typical option income Mutual fund invest sin dividend paying common docks. Some option income funds have been relatively successful some Haven t none is paying the High rates you mention. There s no Way in the world you can put $10,000into any Mutual fund today and $1,400 annual income. Those figures represent total re turn. Total return is the increase or decrease in the value of an invest ment in a Mutal fund assuming Al dividends and capital gains distributions Are reinvested to buy additional shares. You might have been conned into believing that total return and yield Are one and the same thingy the deceptive advertising and other literature some Mutual funds Are putting out. The securities and Exchange commission is finally beginning to crack Down but there s still a fair amount of mis leading Mutual fund promotion going on. Q. I m considering investing into Mutual funds. I m aware that the value of such an investment might Rise or fall in the Futon and that the dividends might be in creased or decreased. I m not concerned about that risk Bat what Arete prospects of a Mutual fond going belly Apas you so aptly term a. In this world nothing is impossible. But for a Mutual fund to go bankrupt the Market value of every Stock Bond and other in vestments the fund holds Wouldhave to fall to Zero. Surely you cant believe that doomsday Sce Nario. Q. Back in january. I Purchase shares in four no Load Mutual All have risen in value so have a Good paper profit i am Well along in years and do not Nee the Money. Nor does my daughter who will inherit everything i leave. All four funds have Good Long term investment records and for that reason i hesitate to get out would Yon advise me to sell a. No. As Long As the Stock mar Ket does t go you know where in a Han Basket the value of your in vestments should continue to in  you redeem your Mutual fund shares you la have to pay capita gains tax on your profit by your holding on to those shares until you die your Daugh Ter s basis for tax purposes will step up to the value on the Date of your death. That will Cut Dowson her tax bite if she Sells the inherited shares. Is Ness news fall moves mean problems by Bob Hove staff writer switching the military s Peak moving season from summer to fall has the trans port Industry anxiously waiting for the buildup. With thousands of moves to and fro Europe rescheduled for autumn shipping firms Are shifting gears in anticipation of much heavier traffic later in the year. It s very Tough on us says Willi Knorr manager of the Johann Burkart ship Ping firm s office in Lan Stuht Germany. We re set up to handle a Peak season inthe summer. But with so Many moves switched to fall we re sitting Here with our equipment and our people with nothing to do. We can t fire employees because we will need them  principal competitors won t know until late August or Early september who will be doing the bulk of the business come  s because the government moves household goods in six month cycles Withrow bidders getting As much of the traffic As they can handle. We must see who wins the bid for the new Cycle oct. 1 Tomarchi 1987 said Tom Berryman an Industry consultant i Germany. We need to know As soon As  prime Carrier Low bidder must buy thousands of shipping containers to handle the expected buildup of  army and air Force extensions of Mili tary Tours were ordered to Deal with budget constraints. The extended Tours add a new Dimen Sion to the movement of personal property for the military. With the Peak season shifting fro summer to fall there will be a number of uncertainties that shipping firms must con Sider said Berryman Field manager for Job traffic consultants the firm rep resenting the principal Carrier in the cur rent Cycle. Summer has always been the Peak 1.50 1.00 .50 Cost of moving personal property 1 39 billions of dollars 1.101.01 1960 1981 1962 1963 1964 1985 so Fook met key Tullo Mem Mimm Coccim moving season and the Industry is geared to handle the most traffic during that sea son Berryman  is the season when casual hire is available. We Don t know if these pan time employees will be available in the fall. In Europe the Long Daylight hours an mild weather make summer the Ideal time to move a heavy volume of household goods. This allows packing firms to Start Early and work late. We Don t know what will happen with the change of weather in the  the Industry expresses its concern Over the change in the Peak moving season most military transportation officials Are hopeful traffic will move on  know there will be noise from the Industry about problems but we expect the Job to Jet done an air Force transportation official  military traffic management come said the Pentagon spent $1.46 Bil lion to move household goods baggage and vehicles for defense department personnel in fiscal i98s. That was a 70 percent in crease Over the $860 million spent to ship personal property in 1979. Stocks have another poor week new York up1 the Stock mar Ket endured its second straight drop last week As pervasive worries about the Economy sent the Dow Jones Industrial average Down 43.43 Points to 1,777.98following its nearly 80-Point slide the week before. Ism s report monday that second Quarter profits had fallen 7.7 percent from the year ago period sent that Bell wether Stock into a we Klong slide. Stunning losses by ban America the country s second largest Bank holding company and the filing for court Protection from its creditors by Ltd corp., the nation s no. 2 steel producer did Noth ing to alleviate investors worries about corporate profits. On the trading floor ism Slid 11% toi31v in the aftermath of its report Mon Day that second Quarter earnings had fallen 7.7 percent from the year ago period. Ism s weak showing pressured other High technology stocks. Digital equip ment fell 6 a to 82% and Honeywell lost7v4 to 66 i. Texas instruments fell 8 to 109%. Ltd was the week s second most Active Issue. It fell 1% to 2h after filing for Protection from creditors under chapter1 of the Federal bankruptcy Laws thurs a United a Luau Oil c196t Friday my ii. 19mnvk con Mim mom a Tom by Yokim Stock of vol come inn be a Ltd 9,422.400 2%usx co 3,394.700 17 1.09 19.0 7.1 Banka 3.034.200 13k o o 2.935.400 11 14.32.448.500 50% 3.79 15.0 3.0 2,432,000 131 10.63 13.0 33 2,123,000 23x 1.49 19.0 5.0 1,339.400 39x 2.07 19.0 2� 1.275.800 in in to 11x o hym Compo h�lk8�� to 59vi. Ban America skidded itt to 13v after reporting wednesday that its losses nearly doubled to $640 million during the second Quarter from $338 million a year , 1,316 issues posted losses while 657 showed gains among a total of2,184 issues traded the Dow transportation average fell24.15 to 727.25. The Utility average re treated 3.57 to 200.48.standard & poor s 500-Stock Index fell 5.86 to 236.36 the nose composite Index lost 3.16 to 136.35. Big Board volume totalled 750,217,046shares, compared with 725,762,905 a week earlier and 642,484,350 during the same week a year ago. Composite volume for the week was881,130,146 shares compared with 855,539,195 a week  american Stock Exchange Index dropped 5.98 to 267.67. Declines out paced advances 568-230 among 917 is sues traded. Volume was 47,664,910shares, compared with 58,563,065 last. Week and 43,814,125 during the Sam week a year ago. Wickes led the amex actives unchanged at 5%. Wang laboratories class b followed falling in to 12%. Lorimar Tel pictures was third losing it to 27