European Stars And Stripes (Newspaper) - June 7, 1987, Darmstadt, Hesse Page 20 the stars and stripes sunday june 7.1987 investor s guide by Bill Doyle q. I hold � number of corporate Ltd municipal Bonds. All Are in registered form and i receive Semi annual interest checks. We moved More thin Yeu Lei us 1 informed Kwh Piying genl Ink of on new address promptly. Most nude the change Bur five Banks continue to Send the checks to cur old address. Doyle wrote those fire a second time. No change. Recently i wrote the chief exec alive officer of each of those Compa Nies enclosing photocopies of the Check and the envelope showing the Post office notice to notify sender of be i received no re plies. The situation is becoming Crit ical since the Post office w a Dis continue the forwarding service mob some by year some 18 months. When that happens i As some the checks will be resumed to the Banks. What Ghent the Banks Are in different parts of the country. Any suggestions a. You re dealing with Dunder Heads at those five Banks and per haps at the companies whose Bonds you own. Your letters to the cos might have squared things away. Each company president or chairman whom you wrote should have Soen to it that the Bank acting As insert paying agent corrects your address. The ceo also should have read the riot act to the Bank. As a Bond owner you re a creditor of the company and entitled to the service Tor which the paying agent Bank collects fat fees. My suggestion is to place 3 phone Calico Ali of those Compa Nies. Try calling the ceo collect. If you can t reach the very top brass ask for the company treasurer. Explain your problem. The treasurer s office is responsible for All corporate disbursements and should get he Bank cracking. A steady Stream of letters complaining about inept and or slow delivery of checks from interest and dividend paying agent Banks come to this Comer. Suspicious folks Are convinced Banks do this on purpose. After All a Bank has the use of the Money involved until a Check is cashed. If those checks continue to be addressed wrong explain what s happening in a letter to consumer advocate room 5910, . Postal service Headquarters 47s l in fable Plant Washington . 20260-6720. That office his been known to Light fires under recalcitrant mail ers. It s a cinch those Banks want to stay on reasonably Good terms with the postal service. Of in Reading corporate Bond Price tables 1 am Amble to Tell the face amount of Given Bond. I know the Price quotations Are expressed in percentage terms. But the ability to decipher whether a particular Bond is a $1,000 Bond or some multiple thereof eludes or. Can you help me a. You need Little or no help. Most corporate Bonds Are issued in j 1,000 minimum denominations. On Wall Street a Bond Means a $1,000 face value Bond "10 Bonds Means $10,000 face value Etc. The Price quotations in newspapers Art in percentages in face values. Business news Market closes slightly higher in week before Venice Summit new York up Stock prices closed modestly higher after a week of generally quiet trading in which the res ignation of Federal Reserve Board chairman Paul Volcker failed to Jolt hesitant investors. Most investors were awaiting results of this week s Venice economic Summit. The Dow Jones Industrial average Rose 34.58 Points for the week to close at 2326.15. The Market which closed mixed Mon Day was rocked tuesday by the announcement that Alan Greenspan would succeed Volcker the fed chairman since 1979, when his term ends in August. The Market fell More than 20 Points on the news but recovered to close with a loss of just 10 Points. On wednesday investors gave Green Span thumbs up and the Market look off with a 42.47-Pomt gain consolidated the next Day with a further gain of16.39. Participants retreated to the sidelines on Stock pulse by i Imd Pitt Friday taking the Market 10.93 Points lower in the year s second lightest Trad ing session. Gainers outnumbered losers 1,105 763 among the 2,148 new York Stock Exchange issues changing hands. Broad Market indexes gained. Stan Dard is poor s 50&-Jtock Index added 3.69 to 340.53 and the Myse composite Index Rose 2.01 to 165.49. Analysts said the Market registered its approval of Greenspan who is believed to share Volcker s monetary views with its Strong showing wednesday. That said that Greenspan is accept Able to the Stock Market and that it will focus on potentially Strong earnings growth rather than inflation said Ralph Bloch chief technical analyst with Ray mond James & associates in St. Peters Berg Fla. On the big Board a new Issue of har court Brace Jovanovich trading on a when issued Post recapitalization basis nth comp Chi. 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Harcourt common pained 2ft to 57 a in heavy trading. British publisher Rob in Maxwell is suing the publishing com Pany in an Effort to Oid portions of a recapitalization plan announced by har court last week. Gillette the subject of persistent take Over rumours was second on the actives list up 3 % to 33. Al Lygis Parent of United airlines Hertz and major hotel chains was third up 3% to 89%. Monday an investor group that owns a 13 percent slake in Al Lygis said it will press ahead with a plan to replace the company s Board and sell off one or More subsidiaries. The company said tuesday it would sell selected hotels in Canada and Friday alleges said it would study a restructuring proposed by the Carrier s pilots that would among other things pay share holders $70 a semiconductor and computer stocks were mostly lower. Hewlett pack Ard fell 2vk to 623a, Texas instruments dropped 8w to 167, Cray research fell 8 to 93v, and Motorola fell 4vi to s2w. Digital equipment Rose 4vi to 162. The number of shares changing hands on the new York Stock Exchange during the we totalled 735,877,930, compared with 631,179,320 a week earlier and 571,181,870 shares traded during the same week a year ago. The Dow transportation Index which Friday hit its second consecutive record High jumped 9.98 to 986.66. The Utility Index gained i.781o 198.64. Prices Rose in Active trading on the american Slock Exchange. Wickes led the amex actives up it to 4v4. It was followed by Texas air off 4 to 35wr and Wang laboratories class Bonitti to i6. The american Stock Exchange Market value Index gained 3,11 to 329.50. Advances edged declines 390-381 among the 956 issues traded. Up lord by pie 6pl in ipltis2 if22.09 . Ii 25 . 16.15 . 11.25 a b 57 . 14.01 n u 1&5in.l. Hui no 9921064 b67 144 11.1012.13 ll.3bli.44 14.i676 Romul 943 921 Piryt 1195ijh cii41" Ai 6 69 a a Sisi to grit dry 17.19 no soil pm 22.m Hurt 10bj117i 92 eur 14id15z4 12a913-h tie Usova Lunuel self Bif 5f 1b45nl. 14.33 . . 144.fl? 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