European Stars And Stripes (Newspaper) - October 26, 1986, Darmstadt, Hesse                                Pago 20 the stars and stripes sunday october 28,1886 investor s guide by William Al do Vale q. Almost All of my Money is in  of Deposit Marar log Early next fear. I live on the interest cram those cd and am quite concerned boat us lower merest rates now Pfenning. My Tome win be Dottl att retraced. If i Tarn to renew mar cd it och Low Nln. This being coat regional election year a Yea predict interest rates Wilt go up this column hat always shied Way from interest Rale prediction for the simple Rea son that noon re peat no one can accurately forecast the on pm term direction or those Rales. But this is one of he few times Doyle that kind of question has not shattered my densely clouded Crystal Ball. The possibility of interest Rales going up later this year has to be counted As virtually  Likely rates will go even lower As they did Between he Lime you wrote your letter and this appears in Prim. The thing that has the greatest influence on interest rates in Gen eral is Ute discount  that s the interest Rale the 12 District Federal Reserve Banks charge on Loans to commercial Banks and other financial institutions. The discount rate was Al 12 per cent in 1982. A congressional elec Tion year and at 9 percent in 1984, a presidential and congressional elec Tion year. A recent Cut on . 20, took into 5w percent. Of her interest rates always Are higher than the discount  the . 20 Cut most Banks reduced their prime Rales the interest they charge on Loans to their biggest and most credit worthy corporate customer from 8to Tai percent. 1 merest Rale reductions stimulate the Economy because lower Rales induce companies to borrow More Money and use it to produce additional goods and services thereby hiring More workers. Growth in the nation s Economy has been flowing lately. So we could see further Inte Esmaie reductions in the near future. There might be another discount Rale Cut before year s end. Bank pay lower rates on new cd than the interest they charge on Loans. Without that spread Bank would t be profitable. Q. My sister and i ban  of Deposit and other de Potti at Banks and main an loan also Disotu All with Federal los Nance. Some re in my name Tome in her name same in both name. How much insurance cover age do we Hare a. At each Bank and so there is $100,000 coverage on the total amount of cd and other accounts in your name 1100,000 coverage on the total in your sister s name and $100,000 coverage on the total in the joint account. That make the total insurance coverage 1300,000. You could in crease that by having Trust accounts one in your name in Trust for your Isler pm of in her name in Trust Fox you. Any banker or Sal executive can show you How to do that Kromm Shunai do Hindai Wal the dumb but a an pro inn int mud urn an. Y � an of Leto urn in und tit san we so flan. Apo Dju. . Business news Market closes Down slightly after week of mixed trading new York up the Stock mar Ket put in a mixed performance last week in moderate trading. The Dow Jones Industrial average gave up 4.78 Points for the week Fin Ishing at 1832.26. Gainers outnumbered hours 1,022-939 among the 2,206 issues traded on the new York Stock Exchange. The Dow opened the week with a 26-Point slide which was countered by a 26 Point Rise on thursday As investors responded to a Strong Dollar rising Bond prices and better than expected corporate earnings reports. Short covering became a Factor thurs Day traders said As investors bought to cover Short sales. People sell Short hoping a Stock s Price will decline so that the Bor rowed snares can be repurchased at a lower Cost. If Short Sellers think prices will Rise they buy stocks to cover their positions. But the Market s inability to extend thursday s Advance left some analysis sceptical. The Market is Back to the same old pattern said Alfred Goldman Market strategist for . Edwards in St.  one Day thrill gets everyone heated up and the next Day they get hit with bucket of cold  he said the rallies have had no cumulative strength. The Market is stuck in the mud he said adding there is no reason to nay higher prices As Long As there is nothing to indicate that the Economy is showing strength. Goldman characterized government economic reports released last week As a mixed  data included news that real third Quarter Gross National product grew a sluggish 2.4 percent. The govern ment also said durable goods orders Rose 4.9 percent in september while personal Stock pulse Fredm Hose Coxx uht Mol Ladamir hum Etc div a Chou Emu be Yufest i  we s 4.ra   Tow 1 s.oj0.300 i 1� 13.0 1.0ooodit l.tos.100 44k 2m 11j1 3t try kit 2.c41.0do 44 it 110 4.9ctlth i z.53s.bw 3 4  so 5.6 us up 2.sh.ho h 1.08 24.0 4.9ftoibp i.1m.mo 10 1,24 6.0 a of com 2.1u.uo 13k 9.9tula 1,730.800 i 412 1.0 u inn a hymn Nistock Cio in it int of j 1u Korotc pm Dan Tharmar tof3 f,t.\ Mil t 3s j2 130 1.1 7t to 3%  1 i.29 � m. O.u49s.d 41h t 2� s.t3 110 2.7lisv at a no 0.4 60 it  15j1 m 22v 2h 1.13 20.d 0.5b1k 2 7.� 10.0 4j fund prices from Page 13 Ono income Worth 9 97 id.h1 is Ltd Iam i1bpu. T n Tea 000 q on Spoonm Sun. 1.m in 14.01 1sji pm income increased 0.3 percent. On the trading floor Allied stores was the most Active nose usted Issue slipping Tim 6 Pladus Xii my be suck Eov Oha him stun vat ooh Cumi pc Yak 643,603 11v, 0� 1210 h Sion 4 030 140 in of 9.d 3.1 of ,406,300 194.000 �h302.100 20k 101.800 20k223.1o 37 21b200 bk211.700 10 affi.500 an 1.75 12.0 0.4 044 mop a yld148 t 2 i 057 230  22 2 0.11202,0it t 2s my pm ik4ik _ in 2j. 1h Sis 1 1sk 1ha i n 11v 1� 7 i 11.0 16.3iso 10.0 0.6 Cut to 0.87 27.00-23 35.0 041 2b.o 3.1 made an acquisition offer of 143 a share. Lbs climbed 5 to 132. It Plani to sell its Book publishing business to har court Brace Jovanovich for $500 Mil  courier jumped 4 / to 24. The company said it knew of no reason for the  stores gained 3% to 24k. The retailer said it plans to buy Back up to three million common shares of its Stock. Eastman Kodak climbed 2 to 5816 after . Hutton raised its opinion of the Stock from Neutral to a buy recommendation. Stocks of japanese multinationals advanced after a Tokyo rally. Matsushita electric climbed 1 h to 117% and Kocra added 4v to s7tt. The Dow Utility Index Rose 1.21 to202.27. The Dow transportation average climbed 1.12 of 825.00. Standard & poor s 500-Slock Index eased 0.58 to 238.26 the new York Slock Exchange composite Index slipped 0.20 to 137.28big Board volume totalled 621,432,530 shares compared with 597,146,840 week earlier and 553,412,620 during the same week a year ago. Composite volume totalled 781,230, 010 shares compared with 712,452,860 a week earlier. Prices were mixed in moderate trading on the american Stock Exchange. The american Slock Exchange Index slipped 0.84 to 262.32. But gainers out numbered losers 369-366 among the 913 issues traded. Volume was 44,379,040 shares compared with 37,782.950 week earlier and 38,089,795 during the same week a year ago. Wickes led the amex actives easing it to 4vi. Hasbro followed sliding 4% Volovi. Wang laboratories class b was third slipping a to 11 i. Dairy Mart completes Conna acquisition Louisville by. Up the new England based Dairy Mart convenience stores inc. Friday completed ill acquisition of the Conna com. Of Louisville the leading franchise Holder of convenient food Mart. Conna shareholders will receive 120in Cash for each common share. Con a s existing management will continue in place and it will keep ill Headquarters in Louisville with the Conna acquisition Dairyman based in Enfield conn., now oper ates or franchises 1,200 floret in new England the Midwest and the South As pah of the Deal. Convenient food Mart inc. 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