European Stars And Stripes (Newspaper) - February 15, 1987, Darmstadt, Hesse Paga 20 the stars and stripes sunday. February is 1987 investor s siae do William Doyle q. 1 have been nesting in a Bond Mutual fund which 1 like very Modi. However my broker rag Asti that instead of adding to my investment in tils fund 1 invest in Bond Index Mutual Hud. Whit b the difference Between recur Bond Mutual fond of Bond Index Mutual Tanta. Lei s Start by painting out that both types of Mutual fund use the Money you and other investors pay to buy Bonds. The Bonds each fund holds then become its invest ment porifo1m. Most Bon Mutual funds have Man aged Porto that Means from time to time fund Man will sell some Bonds and buy others in an attempt to do belter than the Bond Market in general. A Bond Index Mutual fund does not try to beat he Market in Stead it Aims to do just As Well As the Market by replicating som recognized measurement of Bond Market performance such As the Salomon Brothers Broad invest ment Grade Bond Index. A Bond Index Mutual fund Sel Dom changes the investments it holds. As new Money comes in the fund simply increase its holding sin ils established list of Bonds. Although pension funds insurance companies and other big in Lilu tonal investors have used Bond Index funds for years that Type of fund became available to individuals Only recently. They Are really a Takeoff on Stock Index Mutual funds which attempt to match the investment performance of the Overall Stock Market by buying equal amounts of the stocks in Standard & poor s 500 Index. Slock Index Mutual funds Haven t been very popular with . My husband had a Small Nam Ber of Barei in a it anal land a is lend la bin nov. After be do wrote la the Rood and requested tic shares be cubed. The Tod asked fora copy of my husband death certificate and proof of per due. I was i Ute 10 find any proof of Purchase t sent numbers from the statements the fund mailed to my husband. No answer i mined this Orer to Ray attorney. Hit Secretary by written letters and nude phone Calls to the fond. No molls what do you suggest we do Dow a the exact procedure for re deeming a Mutual fund s shares which can vary a bit from one fund to another is spelled out in each fund s prospectus. The prospectus is updated annually an mailed to shareholders if you did t save your copy of the prospectus get one from the fund. The statements the fund mailed to your husband Are proof of ownership it s most unlikely you have to come up with proof of the original Pur Chase. With those statements the death Cert Ifica and evidence that you Are your husband s heir there should be no problem redeeming the fund shares. I suspect your lawyer is making much to do about virtually nothing and is run Ning up the size of his Bill. Place n Call to the fund s toll free 800 number yourself. You should be Able to Square things away in Short order. Financial news Market posts 1 St weekly loss after 5 weeks of gains in 87 new York up the Stock mar Ket posted its first weekly loss of 1987last week breaking a five week Advance. Trading was brisk but slowed considerably from the heavy Pace that has prevailed since the Sun of 1987. Profit taking and a weak Bond Market weighed on equity prices monday and tuesday. Profit taking was also a Factor in thursday s modest decline. Buying in the Oil and tech ology sectors boosted the Market wednesday and renewed interest sent it up 17.57 Points Friday. But the buying did not quite overcame the profit taking motive an the Market finished narrowly lower on the week. The Dow Jones Industrial average which had advanced each week since the Start of 1987, eased 3.52 Points. In the broader Market 994 issues pos Ted losses while 963 made gains among the 2,1 is issues traded. Standard and poor s 500-Stock Index slipped 0.34 to 179.70. The new Yor Stock Exchange composite Index Ilid 0.37iojs9.56. Short lived rallies and Short lived de Clines can be frustrating for traders but they Are a typical consolidation be Quence,1 said Newton Zinder technical analyst at . Hullon Stock pulse o1mt ,nknitit1s.1mr no u con Oil mom by a Tomt Nguot my Atit ism Otoin 17k 1 2.71 �0 is 3.01 Iso 1,16 11-0ijfl 13.9 pm 10.07.41 11 a 17,11 2.ss 20.0 204,200 ,93f,h him 1.t29.000 103k 1.s72.tm b1 1.4m.wo 134k .i.3w.800 so 1436,300 3w Hurin p 1,s2fl.sw hit Hebe co imm a form nit Clung Block Don Cli i Emit Nuol by it i0� i 1 a 83.0 ci0cm 322v, by 1120 jobs 16wt � 7k 1sxi2 1oo pm we 14j� t so 4.14 00.0 12.0 u u 14 33 2.h2 2b.o vim 134 t 4 4tt 17.0 14247 t 4h 1mi 190 1.5113 � 4 4 7.45 16.0 u118 t 4 4.u 290 13 174 3 349 5.0 Ftp cd prices from Page 19 butt to 9i Brit Seta no 17.4ou. 11.7 no j7nl us he. 1141 hjtn.1. B.721092 Liu 1hw11.bs 10iv 14.1t ism 124114.03am, in 0.0 pro 11w at it lies Row am hts us cd Mccun Willm fat a m 000 do tvs he bad by our sgd m Spiel suck Tou r Uitz by us cup on 2.70 no. I7h.\ 144 him 33hn.l 10iohj_ t4\ 1ba4iu. �1j sub Taa r 60 Ofsow m it 91 con by i til id to 4 we were Down three out of five Days said Larry Wachtel Market analyst at Prudential Bache securities. From now on the Market s Advance will be More Laboured Nan it was during the 13-Day winning Streak that began the year Well have two Steps up one step Wachtel expressed Confidence however that the Market will climb for the next two months. There still is Money that wants to gel in he said. Rales Aren t rising dramatically and corporate profits Are coming on the trading floor Diamond Sham Rock was the most Active nyse-5isied Issue casing a to 14v. Niagara Mohawk followed slipping i to 17. At to was third losing u to 23 it. Carter Wallace was the week s biggest Point gainer jumping 24vi to Iwa after climbing 2tm Over the two proceeding weeks. Optimism about prospects for the company s condom sales spurred me and health care product and drug companies attracted buyers. Squibb jumped 6 to 134u. Upjohn jumped 5%lo 118 and Bristol Myers climbed 4 to 10 97%. Lbs was the week s second biggest Almi Cwi Kulm mom dam i Volm do Chi com Eimi p e Vuk i in 3,900 33 06" 67h a 21h 1.1 110 tit 1th or Ukly Amenu Enthat 4 too 4tt.400 4 �.3m 40.70 Eum p e yv3 i7b 4h s1fl7b 9.0 0.3 Juk r 1.103c.d 174 3 7.bo 22.0 0.7kli s j.b5 1.0 in b9 � 373 18,0 u s3 4-2h2sk 2u 2.19 11-0 us t by 081 49.0 0.6 Point Winer climbing Tutt to ij9vl two Wall Street analysis recommended the Stock at midweek. , Robins was the week s biggest Point loser falling 7ft to 17h after american Home products corp. With Drew its bid for Robins. Robins had jumped 13v to 24 a a week earlier when american Home made its offer. Texaco fell 3 4 to js1/. Pennzoil jumped 6% to 8ik. Texaco Slid after the Texas state appeals court upheld All but s2 billion of Pennzoil t is 1.1 billion judgment against Texaco late thursday Texaco said Friday it would move for rehearing before the same court. As crude Oil prices ended the wee below Sib a banal profit taking hit the Oil Industry. Exxon fell 3 Alo go Phillips Petroleum eased v. To 13 a and Mobil fellow to 44%. Among other Blue chips. General motors eased i to 76, Goodyear fell 3% to 53v., Eastman Kodak climbed 1% to 7sh and Sears Rose 2 i to 47v. General electric jumped 3w to 103w. It proposed a iwo for one Stock split and said it May consider boosting us dividend. In the nigh technology and semiconductor group ism fell in to i34 a prime computer Slid % to 22w, advanced Micro devices eased a to 22 an Texas instruments fell 5tt to s3h. The number of shares changing Handson the new York Stock Exchange during the week totalled 869,690,760, compare with 1.038,553,040 shares a week earlier and with 699,694,080 during the Sam week a year ago. The Dow transportation Index fell 1.82 to 922.36. Composite volume totalled 1,016,671,960 shares compared with 1,214,430,540 a week earlier. Prices ended mixed in Active trading on the american Stock Exchange. The amex Index slipped 0.4s to end the week at 316.25. Gainers outpaced losers 411-360 among the 919 Issue traded. Volume was 67,859,680 shares compared with 63.680,660 during the same week a year ago. Home shopping led the amex Artivie falling 4� to 33%. Entertainment marketing followed rising in to u a and Western digital was third adding it to 1u2n.l u41 . a a c40hj of Pho term atom of Pom Tenut rf4btrh 17.u 1171 14.is1bj 10jm to 44 ib.42i7.w 4i17 a 14.0j 1h 9,94 j. 1s.1s1744 12.4 1147 11.11 my. Is 51 Tou 14.s4n1. I1.b3h4. 10uh4,id i 10.mh.li Hamera Camare of Hwy i i done 7.71 141 7.14ma 21.19 7.71 a i.71 Busi 110 sfj1951 it of 7j1 7bi 5m 6m 723 7.h w us 12i, a no i7wx.l 11. So i. Flxcten119j127l and 7.k 710 Rbt cd 19 49 qty Tel -0.1sn. Tif 11.11 in tuft i huw17.q us of it 8717s do Al 101mnl. Do sat Faaa he. Elf a Elan u3s5nl re ej1 kbb7h.l. Mcd Casa m non Wun Stycn in it pm ask i Abchi r v3ps. R ass to til.33 . 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