European Stars And Stripes (Newspaper) - November 2, 1986, Darmstadt, Hesse Page 20 the stars and stripes sunday fat Wrobler 2,1963 investor s cruise by William a. Doyle i he by Eye on Kertai Tat i fell it a t it arc san few no. It face Jan Tern. On aay it dropped Toi mum pc Jerii. By 1m far me m til to m acc he Tim Trif we Etc a few Day liter of Stock did tide Tay Price. Newyork stack Exchange u Blib three newspapers How it dropped to21w Ita Low for Star Day. Bat i Aid it get 100 fans. Why when Doykin Ash the broker 1 get no unto jumbo. Tace tick Ruu Axx risen to s2. Neca Jen to by Ita item us. A. Cool off. Your order no doubt want executed became of what s known As mock ahead other orders to buy that Stock at2ik, which were entered before your order. When you place a limn order to buy or sell an Exchange listed Stock at a set Price your order is sent to the Exchange s trading floor. There in is entered in the Book of the specialist who makes Market in that particular Stock. Then when and if the Stock trades at the Price you set All limit orders in the specialist s Book Are filled in the sequence they were received. Let s say the specialist s Book held limit orders All placed before yours to sell 1,000 shares of that Stock at21 i. A total of 1,100 shares would have to be sold at 21% by floor Bro kers in the crowd around the specialist s trading Post for your order to be s dear that did t happen. As a result your order was t executed. The big problem with a limit order is that you can never be sure of buying or Selling at the Price you you want to be sure of buying or Selling a Slock you should place a Market order which will be executed at the Best Price available at the time your order arrives on the Exchange trading floor. Q. Yon it oat a atop order an a Slock bled Stock Exchange bean i Market order what the Stock reaches the mop Der Trice. The Market order isl be moved Bine or below the Stop order u int on the new York Stock Exchange. However a to algal stay Mer Ouret be used m if awol eat Stock , Imp limit order pm in entered and the Nock Curot Besought or us at anything other stun the limit order Lay Yea a. You Are Correct. I quote new York Stock Exchange regulations and i have do Mea culpa for overlooking those on the smaller american Slock Exchange. On the american Slock Exchange Only a Stop limit order for a round lot can be placed. Also the Slop and limit prices must be identical. The american Stock Exchange aboard of governors recently voted to change this Rule and bring in into line with the new York Stock Exchange. The Rule change is awaiting approval. King pm Caw Dye la i to Tun m in Rirs business news stocks Post 4-Day win Streak highlighted by takeover activity by Ellen Frei pm Upit shinto writer new York the Stock Market advanced last week in Active trading Post ing a four tiny winning Streak that ended Friday with some limited profit taking. Takeover activity was the salient Fea Ture of the week s trading but higher Bond prices a stronger Dollar and strength in the Oil stocks All encouraged investors. Hie Dow Jones Industrial average climbed 4s.5s Points to finish at 1877.81. Gainers outnumbered losers 1,361 619 among a total of 2,203 issues Trade Don the new York Stock Exchange. Stock prices got a boost from Bond Early in the week. Bond prices climbed despite upcoming sales of $29 billion of Treasury notes and Bonds. The Market s sharpest gain occurred thursday when a Strong Oil sector take Over action and investors expectations that interest Rales would head lower pushed the Dow up 26 Points. The Bank of Japan s discount rate Cut news that the . Trade deficit narrowed to $12.56 billion in september and the ousting of saudi arabian Oil minister Sheik Ahmed Zaki Yamani were All viewed As favourable developments Trad ers said. Ricky Harrington technical analyst at first interstate securities in Charlotte , said the Market May use some pre a action Day nervousness this week As an excuse to take Market will see further profit taking and consolidation of the gains we be seen he said. But Harrington called action since the sept 11-12 plunge extremely constructive and predicted car Siegler jumped 9 to 85%. It Gotan 485-a-share bid from aug partners after jumped 1 1w the week before when Lear Saidt it was considering a possible 8w to s3 and Stop & shop Rose 8 to is a on talk that investor Asber Edelman May bid for an other supermarket company Ane drop. Ping his ibid for Lucky store. Lucky fell that the Dow would not Retreat below 1800."the Market is very healthy Harrington said. He said the Dow would move to new highs before year s end and surpass 2000 in the first Quarter of 1987 before it retreats again. Eugene Perani jr., chief technical analyst at Janney Montgomery Scott m Philadelphia also believes the Market will be very Strong Between now an february and that during that Lime the Dow will climb above 2000. Except for strength in the Oil sector Lale in me week the salient feature of the week s trading was frenzied takeover activity. Goodyear tire & rubber was the most Active nose listed Issue rising vhf to48 As rumours circulated that British in Vestor James Goldsmith had accumulated a is percent stake in the company. Us followed unchanged at 26. The target of investor Carl Icahn us re ported a third Quarter loss of si83 Mil lion compared with a profit a year ear Lier. Hopes for a weekend settlement that could end its Thice Monib lockout against the United steelworkers were fading by the end of the la. _ Beverley Ente sprues was third rising i j quarterly earnings More than Dou-4w to 21. The health care company said b pc International advanced 6 to 83k, partly on rumours investor Ronald Perelman is accumulating shares in the climbed 2k to 41 a. Investor Ronald Perelman said be a acquired about 1 5 percent of its Stock. The lodging and food services company Laid monday that it is mulling a major re Stanley Rose 7w to 76 on rumours that it could be a takeover target. The firm said it knew of no reason for the activity in its Stock. . Hutton climbed 4v, to 51 uru mors circulated that american express senior managers and an outside investor group May propose a leveraged buyout. In the Petroleum sector Phillips Petroleum Rose to 10 and Mobil added Zale jumped i iv4 to 43% after people jewellers and so Arovola International holding launched a 150-a-share bid for among Blue chips at to climbed i Wibom jumped 2 a to 123 and Eastman Kodak snapped on 2 to 6 1 it to p. U nun it usum. Gnu vie a. Vatt tins my you 4.w4.ho 1% t 2. Mai 33 i.bkj.400 w Job 240 48 a a i. Ask ssh. 2.224jioo 90s 349 to zj1s.500 j4k 1.6b w.9 4. 1.17j�0 my a 100 5.7 1js33.bo it u1 2a.o 2ji jumbo is card crts 1.477.000 22 Myse of Minim u4gh my item gtd a a ars Era i via1j3 t b "1 us 341h n Matin to ipod 22k 1.jb 13.0 04 a a 03 3�0 2 -8w2.7h Fri 30 0 2.9 1j7.ihj its t. 114 cd m firm a to � 31 ohm 34.0 sat old Art 13425 2v 147h-211% i 3j�. Irish 1% 49k t ik4sx � in of pie to us i Okkyu Flet of Claitt old Hindl my 12 urdu in thud 14.74 80 0.41.94 13.0 1t i 22j 0817 1.50 2sjj 1.0jjb 3 to 0.7 01j3s90ik0.5 2-21 the 11 advanced 1% to 15w after first interstate sweetened its bid to $3.39 billion in securities. The Dow Utility Index Rose 10.38 to 835.38 the Dow transportation dimmed 7.14 to 209.41. Standard & poor s 500-Stock Index Rose s.72 to 24198 the new York Stock Exchange composite Index slipped 3.14 to 140.42. Big Board volume totalled 784,767,470sham, compared with 621,432,530 a week earlier and 579,718410 during the tame week a year ago. Composite volume totalled 940,061,180 hares compared with 781,230,010 a were earlier. Prices advanced in Active trading on the american Stock Exchange. The american Stock Exchange Index climbed 3.27 u 2s9.59. Gainers out numbered Loer 412-349 among the 9isissues traded volume was 53.091,000 shares compared with 44,379,040 Tost week and 36,613,455 during the same week a year ago. Texas air led the amex Active rising 3 /4 to 38. Wickes followed rising u to4. . Industries was third rising m to 6ft sad was the biggest amex Point fwd or rising 3w to 8 w. The picture Frame and paper product company m offer from american greetings. Fund prices front Pago 19 earn bin of Fri tip then of on Onai Noam of 1 ,22 " and Swik ten Pho lit 4h 440 4t1 h0inl. 91�ht 12 52 n l 1164 1 m iid2204 "14.s7 15 h12 b 14.13 10 02 now 149shj4 m i 214.01 True Itaf a 15 mud n u i 1025 no 17j1nl 1u1 he 24.10 n l 1o22n.l 1i.mnl 1221 12.14 Una noun Mun w id Nti m. He 114 . Ana he it tie St
