European Stars And Stripes (Newspaper) - December 14, 1986, Darmstadt, Hesse Page 20 investor s Guichu the stars and stripes sunday. December 14,1986 by William Doyle q. 1 have by taken a of portfolio of abort 3d Stock. All at Hocks ire ref tending my name. 1 a not an Lind oot Bidor but i his and Mil Ocee Lolly. A new broker at � Uii track Nathone to Luton h we Wei i recently Dwiht flock for the Flatt time 6prmrtng me to pot la my Istocki info i Street atm account with his firm. He paints out that would nuke ii easier to buy and a in the is your opinion of has a. It has ill Good and bad your securities Are in a Street name account they Arel Rcd in the brokerage firm s name. You remain he Benefi Cial owner the real owner. You do get Peri Odic state ments usually on a monthly basis showing the status of your account and listing All the securities and Cash in i. Dividend Sand or interest paid on your Securi ties arc credited to your brokerage houses automatically Send customers checks Cor that Money. Others Don t and customers Cash sits in their accounts As free credit balances where it cams nothing. Letter keep coming to this column from readers who have Long delays an problems prying Money Loose from straight Street name accounts an obtaining checks after Selling stocks and problem can be licked by instructing your broker to open Money Market Mutual fund for you and put All your Street name account Money into brokerages have asset management accounts for Stree name holdings. With that arrange ment your Cash is swept into Money Market Mutual fund where it earns dividends and on which you can write checks. In general that s a Good broker is right about it being easier to sell when your stocks Are i Street name because his firm already has your stocks and you Don t have to deliver certificates to him. But it s really no easier to buy unless you have Money in the account. Then you dont have to write and Send a Check a problem can arise in getting shareholder reports annual meet ing notices and other communications from companies whose stacks you leave in Street name. All too Many brokerages Are notoriously slow in forwarding those your securities in Street name your broker has a Handy re Cord Orall your holdings. A do Yon and your Blue eyed dunce officer be Street name brokerage account a. No. We have our securities registered in our names and keep the certificates in our Bank Safe Deposit Box with two except of Stock being acquired through dividend reinvestment plans Are led with the plan agents. And we never request certificate for Mutual fund shares which Are Beld by the funds custodian Banks. That s far More convenient because full and fractional shares Are involved. King f Mem cd nine of Miramm or ital but Lun prank Wichi Onn Arah w column. You an Pim to him in cuts tiny in w4 eur Tom. Apo 2i1. Us. Form Jonii Mph by Dow Jones Falls 12.80 Points in week of moderate trading by Ellen Freil Uchupi business writer new York. The Slock Market los ground in moderate trading last week As the Dow Jones Industrial average fell12.80 Points to 1912.26. Losers outnumbered gainers 1,423-539 among 2,222 issues traded on the new Yor Stock Exchange. Although most Blue chips slipped Oil company stocks climbed As the organization of Petroleum exporting countries appeared close to an agreement on Cut Ting production to boost Oil prices. Retailers fared poorly after Wall Street analysts tempered their expectations for Christmas profits. A slightly weaker Bond Market washable to provide Little support to equity prices. Ongoing investigations into insider trading and into he Reagan administration s Iran Centra arms scandal continued to hang Over the Market. Investors were also wary of the Impact of the next triple witching hour dec. 19. The hour is a quarterly phenomenon during which Slock Index futures con tracts options on those contracts and options on individual stocks expire simultaneously sometimes causing wild swings in Stock prices. British Gas was the most act Venyse listed Issue unchanged at 9 i in its first Public offering. Pacific Gas & electric followed drop Ping 1 to 24vj. It began trading sex dividend tuesday. Detroit Edison was third declining Tato 1 it at Friday s close. Owens Illinois jumped 6vt to 50. Ingot a ass a Shiro takeover offer from Kohlberg Kravis Roberts & co. Among other Blue chips at to Slid to 26vi, ism eased i to i26w, Union Carbide slipped a to 22 a Philip Morristell % to 14vi, general motors dropped a to 69 and american express fell 2� to 58, with open apparently close to an agreement to curb Oil production Mobil climbed 1 i to 40, Chevron advanced 2 a to 48 and Phillips Petroleum edged up i to 1114. Exxon climbed 2 a to 7ih, the com Pany said it plans to sell its Reliance electric unit and other companies Man aged by Reliance for 11.35 billion. Schlumberger eased to to 33 it it said it would take a fourth Quarter charge of 11.7 billion primarily because weal Oil prices Hurt its Oil services business. Retailers had a bad week As analyst became More apprehensive about the profitability of Christmas sales. . Pen Ney fell 4tt to 76v4 and Federated department stores slipped 4ft to 85vt. Carter Hawley Hale fell 2i to so after announcing a restructuring and re buffing a sweetened Lender offer of $60 Ashare from a partnership comprised of the limited and Edward j. Debartolo. Lockheed fell 3v, to 50%. The company which has been the subject of takeover speculation said its Board adopted shareholder rights plan. Lockheed said the plan was not adopted in response Tony takeover Effort. In pharmaceuticals fell 5 i to i8w. Stock pulse Byum supt c 1h Frt Dir a Mem 1j. Ill Hose comport. Mull ref Tel b pm Amie to a via in Giro 1 3,9bi,400 22h i 0.28 800 9 7 usfu1 3.07 000 40k o.b7 47.0 0.7 in Sturm 2.106.900 18 pc of 2,024.900 24� 1.09 00 7,9 ton r us 1.906 300 17v. 0.07 28.0 Sinagl 1.791.100 a 3,� 10.0 dete4� 1.789,400 17 2.sb 70 9,7 eimx1 18j9jwo 71h 7.79 00 go Oak Lull 1.989,100 my 30� 17.0 1 �29,200 22h 2.27 10.0 0.0 Nysco Campoia in Jet Chugh Emu in go Etui be old ibs a 109 � 3v 19 94, _ 24 is 2s.o 1.b o.j7 71.t 3.77 100 4.9 06 4.27 14.0 2.0 3.31 13.0 2.b 2 co 34 d 20 Dill 14.0 Mallow of Luik Furvoll told pot Hub a win glib Bat i Block Crown i a Mimi Molj trim Al cd Hunt of vol Clou Timi old 1.134,900 3v 071 90 m4.3m 31 0.70 39.0 28 a 2s9.000 3jf. Tit ii jb6600 2s. 0.44 97,0 0.9 til 17v206.400 10 a 0,29 39.0 1.9 ib5.700 17% 1,43 13.0 2.0 i73.boo 20h 1.79 1j.d 0.4 i4.00 us 0.09 139.0 1.3i�, m pm 10.0 2.9 Toto in of Eton be to 2sv1 2h s 266 10.0 suck in Nam prov full Amoco to inn t 2bh t 2k6? 4 2h 59 2 7ti 9 �12v in Elm to cd Nib old b a my 22 is 32h 1ft 34 in 124 1 47h t 14h 1 23k t 1 14k 1 into it Imu in Stockl in Montti uni Dlud. 2.90 11.0 so 1.52 230 1,1 analysts attributed the drop to for Tinta study of in s Virapol drug to combat aids had not had Good results. The Dow Utility Index Fen 2.30 to209 64. The Dow transportation average fell 26.10 to 834,77.standard it poor s 500-Slock Index fell 3.82 to 247.35. The nose composite Index Slid 1.04 to 141,53.big Board volume totalled 689,970,876 thares compared with 861,082,300 week earlier and 827.fi04.580 during the same week a year volume totalled 83 418,706 shares compared with 1,027,316,620 a week fell in Active trading on the american Stock Exchange. The amex Index fell 3.43 to 264.23.losers outpaced gainers 497-229 among the 916 issues traded. Volume wa�36,4�l ,g40 shares compared with 59,153.570 last week and 76.061,580 during the same week a year ago. Wickes led amex actives unchanged at 3vi. Wang laboratories clan b Fol Lowed falling 1 to i2w. Husky Oil was third unchanged at 8. Boeing bonuses to Aid Economy Seattle up the Boeing said it will give 9 percent bonuses to virtually All of its 115.000 employees a move that will pump about j250 Mil lion into the puget sound Economy. We have had a record year in 1986 interns of sales new orders and operating profits Boeing president Frank Shrontz said in a message to employees. Boeing employees at All Levels have made that possible by dedication and teamwork in meeting the challenges at the company wide bonuses Are unprecedented for Boeing which for the first Lime decided to spread the 9 percent bonuses granted to its Union employees to managers and non Union Worken. The millions will pour into the puget sound Economy via 88,000 of the com Pany s employees who Uva in the greater Seattle area. The payments Are schedule Dlo be made by the end of february. In lieu of a general wage increase Lump sum payments of 9 percent were recently agreed to by the Seattle professional engineering employees. Members of the International association of machinists won bonuses of 12 percent. Fund prices from Page 19 thvn.1pnvt to e Tun finn fee if in of a of Mun 0.0 Tohm it Dami full dec door he but i Mun sgd me cd flue toot Al in 89? 1039 ii m 1007 11.17 11.61 nl.i3dnl 6 do my 00 n i. 7mm k 91 by 18 1.39 . ,91 4s5nl. Wifi no Myhl. Idwyl forge Annii in ctn and Imoni Pho Tim 11 07 m i. 1j3nl. 1771 no. 17.lt no. 3&.ji . 17.74 . Tsa 7ji 4.bs 4.h 444mshl m.3snl. 1 i. Hi4 22 97ku19h or inc r Tel Fusa r to feb i Trad. 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