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Publication: European Stars and Stripes Sunday, December 7, 1986

You are currently viewing page 20 of: European Stars and Stripes Sunday, December 7, 1986

   European Stars And Stripes (Newspaper) - December 7, 1986, Darmstadt, Hesse                                Page 20 the stars and stripes sunday Csc Weber 7,1986 investor s by William Doyle q. My Striae us. A boats arc 40 Yam of. As yen hat stressed that Means they her reached final maturity and Lun trooped accumulating interest so i can either Auk Faa Boot and pay Fol Tel Tamm to Oark he Taua eat Fiat tit or 1 pm exd Vaj them for Serin  pole the tax on the of e Bond inter est until i redeem Ike he Baa received b the Enki a. Or Tanbir . My e Boa Hare  Vahit of $8,18. Who i make the cd unil Fol Nail $8,000 or in Boa Anda ilk Check. How blk fat Sim will be my am mama i a to buy the e in. Ala i Dtta one of thenh Boa Haw Irful i know Bow Mumk Kand Taat to report qty mail Lacomte tax icon a. As you outline your plan you will have to pay us on the $186. The Rule lays if series a ebon is or us. Saving notes Are exchanged forgeries he Bonds in tax deferred Exchange thai portion of a refund i excess of Pur Chase Price representing interest is  your Purchase once of the old e Bonds will be included inthe he Bonds leaving the $ 186 As taxable interest however if you have some spare Money you can defer that tax bite by adding 1314 Cash to the Exchange and obtaining another s500 a Hond the smallest denomination in which an he is  you present your e Bonds to your local Bank or other  Bond agent for Exchange your old is will be sent to you District Federal Reserve Bank which will Issue Khz to  he Bond Wilt have a Nota Tion inscribed on it stating the exact amount of e Bond interest used to acquire the he Bond Al your old e Bond interest will be apportioned in equal amounts teach he Bond. For example if you defer lax of say $5,956.so ofe Bond interest and receive eight $1,000 he Bonds in the Exchange each of your has will show $744.60 deferred interest when you redeem an he Bond you will be required to report that deferred interest As taxable inc mean your Federal income tax return. You la get a form 1099. Listing that interest so wid the irs to feed into its , As Low As you own your he Bonds you la receive in Terest checks twice a year. That in Terest of course is subject to fed eral income tax. Q. My brother showed me a col Man in which you explained that old serb e boo Pou final Man Rita after 40 Yean. So i gathered of the e Bond i Boht Wall inthe Amy during Warf War ii and look them to the Bank to be exchanged for he Bondi i was informed my Bonds Are too old to be exd urged. Can this be True a. Yes indeed. The oldest Bonds reach their final maturity exactly 40 years after their Issue  can be exchanged for he Bonds for one additional year. But Bonds More than 41 vein old Are not eligible for that Exchange. If of Fig of if i Market finishes week higher after Dow Jones sets record new York up the Stock mar Ket advanced last week in heavy trading but an gains came in a single spectacular Day when the Dow Jones Industrial aver age scared to a record High. The Dow gained 10.83 Points to 192s.06 for the week. On tuesday the Day it set a record it climbed 43.04 to 1955.57, Auto saing in old High of1919.71, let sept 4. Gainer outnumbered losers 1,054 8 5 among 2418 Inmei traded on the new York sock Exchange. The Market rallied tuesday u investor welcomed president Kea Gwi a announcement that a watergate style inde pendent counsel would investigate the Iran arms scandal. Stranger Bond once and futures related buying helped fuel the drive traders hid the Millet sustained losses wednes Day and thursday mostly on profit Tak ing and waa Hurt Friday by a weak Bond Market and futures related Selling. Traders Friday also cited nervousness about going Home for the weekend Leav ing Large investment positions whose value might be vulnerable to new development in the Ivan Booty insider Trad ing scandal or in the crisis Over Aroni shipments to Iran. Alfred Goldman Stock Market Strate Gist at . Edwards &. Sons in is. Louis called the ban arms Deal a sword of Damocles that will hang Over the Market for at least several months and damage the Market we All love a father figure in Washington and Reagan s been a Walt Stree favorite Goldman said. There s no question that the iranian mess is a neg  Goldman said after its initial two a plunge on the Brocsky Newt the Market repressed that scandal but Goldman warned that the affair Hasi not gone away and he said the Market a vulnerable to new shocks. Still Goldman said he remap in a tidily positive but not Whf on about he Market he Taid the Dow Wol not reach 2000 by Jort end but could us d to the High Jooa. He said a  about a 12 percent slide is Likely near the end. Of the year. Santa data came Early Iii year said Goldman on the trading floor coca cola enter Prises was the most Active nose hosted use falling % to 14 obese Brough Ponds of Coati climb ing 6% to 71 As it dodged a hostile takeover bid by american brands and agreed to be acquired by Unilever United states for $72,50 a share or about $3.1 billion. Unilever . Is put of the Anglo dutch Unilever group which also includes the British Unilever pc. On the big Board. Unilever . Fell 3% to227w, while Unilever pc Rose 7 a to 125. At to was third rising it to 27% Gillette added 3 to 51% amid new takeover rumours a week earlier it fell 7ft after Revlon withdrew a 14.12 billion tender offer and Gillette said to would buy Back 7 million shares. Among other Blue chips ism slipped i to 126vi, general electric advanced vhf to 86vi, american express climbed3tt to 60v., Eastman Kodak fell l /4 to 66v. And Dow chemical jumped 2 to 61. General motors fell 1% to 71. Pm to imm Tea innit lome am. Cart a unil of a of tour. Do amt 1 ofic of Potlin Moil a Corm 8j cd Kmeth ohm emm. Of to 3,241.000 12h1,407,100 e7h  170 4.1 2.324.600 1.71 14.0 7j"" i.3b  s.7 a Octol own Catt in i Muex up Pruun cp7.cbu1 pm Wal in omit Jiun  Taimsh Oliam inf we blvd cub Eitnie thu. 9 0.71 60 6s.soo 32h 1.75 13.0 04  ijs2joo 231  an 1.504,500 of 1,288, no 120%2,387.000 61 1j49.000 41 0.37 .0 m 2.dt old  in As 1.b2 1b.o it2.33 210 m Slock music in. Lull Heaghn Fra flt  . .0.10 to is 0.44 m3 0.8tm  1s�  1600 1.2 kid 11w.too 14h 1t3j1b 11h 0.85 14.0 cow cab Etna be Yuniv 4h i 3.m 20-0 1.5 109 3� 1 08 z7.0 0�7j5 1at 1j in 1i.d 2-�1-47 19.0 m s43soj 0.12-Bi a 14 3-77 1104.4 110 1j Coth cd w Emu be 191� so 0 1.  i 4 1ft 0.44 e?0 47h 1 0.15 321.0 0.1 Jas t 1k i 160 24h ilk 1.98 14.0162 1 47e9.0 d.7 13 1 d.b4 1bo 0.9  were climbed 3fc to 114ft 3thelboon celtics which had i w tial  ot2,6 . Union the new York Stock sunday Rote k to Chaae at 18. Tie celtic three Omen have Ai control of the team became they retained 60 percent interest the Dow Utility Index fell 1.1 to 211.94. The Dow transportation ave rap climbed 14.96 to 860.87, Bitting Tuccie. Live record High tuesday wed Netty and thursday the last being 866.62. Standard to poor s 500-Slock Index Rose i.9s to 251.17 new York so Exchange composite Index added  143.69t big Board volume totalled 861,082,300 shares compared with 550,926,140 a week earlier and �72,974,971 during the same week a year ago. Composite volume totalled 1,027,316,620 share compared with 651,937,440 a week earlier. Prices ended mixed in Active to adm on the american Stock Exchange. The american Slock Exchange Index Rose 2.8$ to 267.66. Losers outpaced gainers 425-324 among the 917 Laue traded. Volume was 59,153,570 a arc. Compared with 36,270,115 share the previous week and 53,899,180 during the same week a year ago. Husky Oil led the amex actives ring in to 8. Wickes followed easing a to 3%. . Industries was third edging up 1/16 to 6-7/16. Uniss closing 2 plants 1,830 to lose jobs Detroit aft Uniss corp. Aid Friday it will close its facilities in Bristol,tenn., and eau Cuire wis., next year in a consolidation move that will eliminate 1,830 jobs. Uniss formed by the merger in sep tember of the Burroughs corp. And Sperry corp. Computer companies Laid the closings Are part of an Effort to eliminate redundant functions and to streamline operations. Uniss employ about 1,570 people to Bristol a former Sperry factory and 2w in eau Claire which Wai Bur Rouff Plant the company said in a ital time it win work aggressively to help do placed workers find new Job. Of thus on1m4nl  set $ a a Cal Sodt w to 7.37 it u9 4.11 441 30.41 . 11.1tkl. Inv spec ipod Fth Asp by r v6s to 10j9n1. 11.o1ml. 41. Iu.10junihi by 1b74nl. Nil. A i i manures ii-0.,4 8.k1 _ 21mn.l. 1b.11 my 11sonl  
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