European Stars And Stripes (Newspaper) - August 28, 1986, Darmstadt, Hesse Thursday August 28, 1986 the stars and stripes Page 27 a Beckfo coach Cage team Peori bulls the Bradley urn Albuck. Left the school Distant coach Bradley Annovi press dispatches Iii. Former Chicago in Albuck tuesday acas basketball coach at Ity his Alma mater is Dick Versace who o take a Job As an As the Detroit pistons that it would not sports v re renew Versace contract after the Mcaa penalized the school earlier this year for recoiling violations. Albuck 55, who ached four teams during his 20-year St in the National basketball league sail he was pleased to be Back at his Alma Rater. To very Happy to be this Opportunity he said at a new conference. It s always a special Weling to be wanted by your Alma maw. I enjoyed my collegiate years at Burhey and of course Central Illinois is my i Albeck signed a five year contract. Versace led Bradley to it can play in the rest of the Hur riches games. Moss was ruled Inelle after a investigation revealed h Apt for Sev eral Days a car owned by licensed sports agent and part tire bum pro Fessor. Use of the car ruled an extra Benefit under no Regula other players pensive tackle Jerome Brown fullback Wonzo Highsmith and running Bac Cieve land Gary were found not i have violated Mcaa rules when their fam Ilies leased cars from companies owned by agent Mel Levine. Stocks up sharply As prime rate dips new York up1 the Slock mar Ket moved sharply higher in Active Trad ing tuesday driven by investors enthusiasm Over Bank prime rate cuts and futures related buy programs. See Story on Page 4. The Dow Jones Industrial average finished at its highest level since july 2, when it closed at a record High of1909.03. The Dow jumped 32.48 Points to 1904.25. Winning issues outnumbered losers 1,138 to 524 among the 2,022 traded. Broader Market indexes reached new highs toppling records set july 2. The new York Stock Exchange composite Index climbed 2.50 to 145.16, edging past its old High of 145.15. Standard poor s 500-Stock Index jumped 5.03 to 252.84, surpassing its previous record of 252.70. The Price of an average share Rose 70 cents. On the big Board 156,640,000 shares changed hands compared with 104,350,000 traded monday. Analysts said prime rate cuts by such major Banks As Citibank Morgan Gua Ranty and Chase Manhattan encouraged investors to Hope for still lower rates. Behind tuesday s move up was the belief that the Federal Reserve boar realizes it has to do More to Jolt the econ omy said Monte Gordon research director at Dreyfus corp. Lower interest rates reduce corporate borrowing costs and the Cost of Money investors borrow to buy stocks. Duqum Csc Power & Light was the most Active nose listed Issue losing / to14%. Texas utilities followed adding it to 37 i. Gould was third climbing in. To 211/,. Norway s announcement that it plans to discuss curbs on its North sea Oil out put sent prices of Oil company stocks higher. In Active trading Mobil climbed in. To 36 a Exxon added 2v� to 68,Chevron jumped i �4 to 44 a Occidental Petroleum Rose i to 28 i and Schlum Berger spurted iv4 to 33h. Among Blue Chip issues at to climbed to 24, Eastman Kodak sex dividend Rose % to 57%, Avistar Rose i to 8, general electric surged up it to77, general motors gained 1% to 73 /4 and Dupont added 2v, to 83. Ism advanced 2 a to 141 a digital equipment climbed i i to 102, Cray re search eased a to 83 a and Honeywell advanced i i to 73. Prices advanced in Active trading on the american Stock Exchange. Wicks led the amex actives edging up a to 5 /. Sterling software followed unchanged at i8 a. . Industries was third rising 1/16 to 6vi. The american Stock Exchange Index Rose 2.34 to 272.28. The Price of an aver aimed 12 cents. Advances out numbered declines 302-266 among the807 issues traded. Composite volume to tales 12,735,00, compared with 8,692,100 shares traded monday. York up the 15 most Active stocks Stock Exchange composite trading at Samoa last 657 .300 2.467.300 2.109.200 2.019,000 2.073,1.856. 1.581. Duque Texas of ukr inc at to Moon corp ism corp Eastern air Owena coming Eastman Kodak Exxon corp Chevron corp get corp sch Kumberger Navy Star inn Kmart corp Xei Orv. 59% too 33% 300 b .100 s3 Ndon up tuesday s r the . Dollar to other pics. Figures Are expressed in of Lars to the Brill la Pound and other Loi Curren most Active stocks in a trading at at 4 pm new York up american Stock Exchange tuesday la a .360.400 18v4 05.600 614 .900 29 600 19ft 31600 22 14x 251.cb 1 2151do 23 152. 1414 Wickes cos or Erk Soltyr Bat Indus Texas air Amdahl corp Lormar Tel Wang lab b Lincoln no it Homo group Western a Lull auo28 14855 2.0453 6.7065 23110 4297 1409 Soi was 13435 67566 13400 14550 13924 4365 18 Brish Pound German Mark French Iran. Dutch Guilder belgian Iran italian Ura Swiss franc greek or turkish Bra Spanish Pon Guai Canadian Aust 1 674 133 14500 13895 14370 .7.312 7.7225 i Dow Jones closing close 1904.25 774.00 217.72737.34 Low 1870.50 759.88 214.48 724.52 Ese Are commercial rates and can Ted Only to the use of foreign current by . Forces for official business. Courtesy of Merrill Lynch a Frankfurt closing aug2s aug26auq2641 7 cola Palm 34 Comsat Cooter data 933 643 d-3 89 2 of my 877 do chem 31 do ponies san Airl East Kodak Exxon Ahw corp Chan Alcoa Matda nets pot Del proc of Oua Karpati Ria Racyn Indus Royal dutch am Bonds Efra Ufa am can 7262 i 53487 5 32 3 sear Roet & 6 poc am of pram express am Ham am motors Asaata Auric Mavon Ball it How both steel Boemig Baden Titi of Gull a trn 672hairitcorp 303 Haw Tatt p 42 s chaw Manh 42 3 is corp 293
