European Stars And Stripes (Newspaper) - January 18, 1987, Darmstadt, Hesse 20 the stars and stripes sunday january in. 1b87 investor s guide by William Doyle q. T started buying certain mock in 1968 and now hive 650 Ihira my tool coir is $9,912,50,Lut tit thai �1,742 in dividend. The Stock now is it �48 thin making my Jar fitment Worth 131,200, i thought i we getting about17.6 percent income on Ray invest ment but i an Laid slut have been figuring this in correctly an that 1 am get Tang Only bout s.6 per cent. I a in formed ii hould use t h e Ilock i current value Doyle not my nut to Ccu ale my percentage at income. Ii hit tru a generally yes. That Stock s Curre ii yield annual dividend payments divided by Market value is s.6 Perchem. It really does t matter that the percentage yield based on your Cost is much higher. After All the Price you paid for the Stock is history. This situation always brings to mind the Biry of a voter asking a politician. What have you Don for me Laie Lyt current yield tells you what percentage of income the current value of your investment is producing for you now. It also can be used to compare the current yield on that Stock with the current yield you could gel if you invested you Money elsewhere. This does t necessarily mean if you. Spot a higher current yield on a different Security you should dump your present Slock. These Days 5.6 percent is a Good current yield on a Quality Stock such As you have. Your Stock s Rise in Market value Over the years since you began buying proves you have a Quality investment. Relax and enjoy your dividends o. I have been advised to sell the entity company Stock i have owned Imp Many year became its current yield is 5.6 percent and invest in a in anal fund holding Bond and currently yielding approximately 9percent. 1 would realize a profit of approximately $21,000 by Selling the Utility lock. I m advised to put the cadre proceed from the Sale into the Bond Mutual fund. What do Yon think of the advice a. I suspect in came from a Bro Ker or other sales Type who would get a commission on the Sale of your Utility Stock and an even fat Ter commission on the Purchase of Bond Mutual fund shares. Don t Overlook the fac that the $21,000 profit from the Sale of the Utility Stock would be taxable. Unless you have spare Cash around you would t be Able to put the entire proceeds from the Utility Nock tale into Bond fund shares. Along with Many Utility stocks the one you named in your letter has an excellent Long term record of moderate but steady dividend increases. Assuming you re not in dire need of an immediate in crease in income my advice is to hang on to what you have. If dividends on that Siock increase in the future As they have in the past it won t be Loo Many years before thai Stock pays � much As the Bond fund King of Mouth Hariu Myhl Dooyi Etta Mem win i qom Noni but a can prove inn i Oti Frugh the Cojuan. You pm Wrt Tamm h ctr a the Sun and Tot fat Foo wan . Financial news Stock prices Post record advances in heaviest Ever Wall Street trading by Ellen fre Uchupi business writer new York Stock prices advanced to unprecedented Levels last Weekin the heaviest trading Wall Street has Ever seen. For the first time Ever More than a billion shares were traded on the new York Slock Exchange in one week. The Dow Jones Industrial average which has advanced every Day since the Start of 1987, jumped 70.71 Points Dur ing the week for a gain of 180 Points sofar this year. Standard & poor s Soo Stock Index climbed 7.5j to a record 266.28. The new York Stock Exchange composite Index Rose 3.82 to finish at an All time High of 152.21. Ali Dow transportation Index helped by Strong airline issues climbed 18.29 and closed he week Al a record 872.21. The Utility Index gained 3.85, ending he week at 322.82, just below its record High of 223.00, set thursday. Among the 2,196 issues traded on the new York Stock Exchange 1,403 advanced and 611 lost ground. The Exchange recorded its heaviest volume Day in history on thursday when 253,133,400 shares were traded. The Dow scored its biggest gain of the week that Day climbing 35.72 to what was then a record 2,070.73. That record was toppled Only a Day later when the Blue Chip Index added 5.90 to finish the week at 2,076.63. The number of shares changing hands on the new York Stock Exchange during the week totalled 1.040.732,500. Stock pulse secondary and Oil is Tiet attracted buying As did technology paper and chemical stocks that Are Likely to Benefi from an economic pickup later this year or a weaker . Dollar. The Dollar fell against major foreign currencies amid report that the White House was willing to let the currency slide in order to trim the Trade deficit. Analysts said buying came from Small and institutional investors both Domestic and foreign. The Market 10-s-Sion Advance through thursday was the longest in nearly 14 Yean. Friday s session was mixed Blue chips and targe capitalization stocks continued to Advance but smaller companies shares traded on the american Stock Exchange and Over the counter were mostly lower. Alfred Goldman Stock Market Strate Gist at . Edwards and sons in St. Louis called the Market s rally a Hyster ical unprecedented Goldman said the Market Wuh suffer pullback within Days. When you go up 185 Points so fast most Market participants Are left standing at the Gate he said. Now All the wallflowers Are suffer ing they feet they have to throw Money at stocks that s Why every pullback finds new but he cautioned that institutions Are not indiscriminately throwing Cash at stocks. No one knows How High the Market will go but the risk Reward ratio has changed dramatically to the negative Side Goldman said. Some Stock Price Shad moves in one Day that normally take d unfed Gnu met Haruji 1it s3"9 Cossi a tour sex Jan ti.seo.3oo e3,851.100 43 3.7hjxh 2t31 goo i by 2.6m.100 110 2,174,100 is 2.0m.ooo 2,013.100 40 i,003, 04 a cum Etui be old s2.b6 16.0 3.7 1 16.0 4.61.93 11.0 u tit 12.0 3.74j7 110 3.4 a 11.0 2.2 2�fl lfl.0 2-5548 17.0 2.7 7.7b to 4.6 so of cd com pm p4 Vid Munir to 2,067,700 1 Tiki or 1413,100 a 10.46 a Kijoo 3h 0,71 5.0 603,600 16� e73.600 13v 1 1,0 ii do u7.doo 21 1 1.33 1c.o tc9 700 u few 331,500 7v to i Ina 316,000 7u i a 310.300 by Buch 0 John Crown Cork of drug Eppl to Tofu 1p in .44 Ussop Eldh cd m Eimi be vhf 111 5 t to 16.9 117 t 4k t.62 21.062 3 a 254 21.0 1.6 7tk 3 28itirs 11 to 138 t 3h 4.es 30.0 1.6 306 in 20.35 16.0ms 2h 444 110 so 2h 2.20 27.0 2.1 us 2h 2.u 234 1.8 Shihi we pm bib Seq curl Tav him Shoa Curt Bur afflict scr 27h 2� 1mv,in 1ih 2k s3 it 36x. 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Vuk Irain a i Hurt 8v� 6 us Ori tuft us 0� up Al cd feel Frei Brm ei2nd fun Vui lok 6j9n,l 19.mn.l 18.41 . 1zu 1.44 11wnl 12.47n.l 10.73 10.11nl iu6h.l 142 . 1u3k.l 7.1? Nln to . 10.m . i2.mnl 1111 18.04 if Ujj 17.70 1g.76-l7.t2 a i . H 49 100.13 14i.wnl 136.06 . 0 41 six on the trading floor pan am we the most Active nose listed Issue riling in to 6 amid talk that Amr corp., the Par ent of american airlines might require it. Ism followed falling 2v, to 120.3 u analysts Cut their earnings it Tioata for the computer was third rising % to 26. As a european cold wave spurred de Mand that pushed Oil part open Sis Price target for the first time in nearly a year prices of Oil Ines advanced. Phil tips Petroleum Rose it to i2n, Mobil jumped i to 43ft, Occidental Petroleum climbed it to 31h, and Exxon gained h to 78. In the technology sector digital equipment the week s biggest Point gamer jumped 23w to 131. Digital profits nearly doubled in in second Quarter surpassing Wall Street s expectations. Elsewhere in the High tech and Semi conductor group Cray research jumped to lop i. Of Taxa instruments climbed 7v to 133ft after rising 8% week before. International paper jumped t to 86k after reporting a nearly threefold Rise in fourth Quarter earnings from last paper climbed 5ft to to 72h. In chemicals Ray chem advanced so to i off and Dupont Rose 51 to 96, among other Blue chips Minnesota mining & manufacturing jumped 6 to125vt, Goodyear fell in to 43, Philip moms jumped 3h to sow and american express Rote 2 to 66. Owens Illinois was up w to 5jw. Its Board is considering a sweetened $60-a thare takeover bid from Kohlberg Krivis Roberts & co in the financial sector Greico jumped9w to 121 v after gaining 2h the week before. Big Board volume of 1,040,731,500 hares Wes up from 949,572,371 a week earlier and 607,716,610 during the same week a year ago. Composite volume totalled 1,197,010,300 shares compared with 1,119,010,300 a week earlier. Prices advanced in Active trading on the american Slock Exchange. The american Stock Exchange Index jumped 6.97 to end the week at 290.76,Tun off its High of 292,55, set thursday. Winners outpaced losers 5so-2sb among the 999 issues traded. Wang laboratories class b led thealex actives rising 2v1 to 13k. Custom Energy followed rising a to Ivi Lori mar Tel pictures was third falling v toi6h. Odd rim in we Tel 1sis 14.78 i6 Vic to wwv10xknl and. Ell ii org Chhu Coho 1 3 f Tai int Kcf u by. Lt.76 . 12mm.l 47j7n.l. 17j1 . .t7n,u 2uin.l. 1107 11mn.l 1mtn4 to Edtl 11mhl 1s.wnj. Of u9 1ijiu1. Of m 1i47nj a Beira 314�ni_ . Tit 147 it gun Munmun Hun to to Hiya to Luif bit pm tilt i pm in dupe r is r v8ph r. Mini it Wal. 10 .3s w.1sk1, 1qjsm.l 13-Wml 2j46n.l. 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