European Stars And Stripes (Newspaper) - August 2, 1987, Darmstadt, Hesse                                Page 20 the stars and stripes sunday Augusta 1987 i Ivestor s guide by Bill Doyle o. The bulk with which i did business for Many Yean was merged into a larger Bank. Wll Hoot my authorization or approval my checking accost Wai then new number by the larger Bank. Then that Bank notified me that if i continue to use my checks from theother Bank the checks will not be honoured. The notification i received state that i most Doyle Stop using my old checks within six months after the Bank merger. I realize my checking account num Ber has been changed but i did not give Penns Slon for thai switch. Can they do Ihbe to me i wish to use the remainder of my old checks because i Hare already paid for them. A. In theory you should not have to use the checks provided by either Bank. Again in theory you should be Able to write a Check on any Blank piece of paper and As suming you have enough Money in your account to cover the Check the Bank should Honor it. In practice things Don t work out that Way. In the computerized world in which we live checks go through scanning machines that read imprinted numbers. That makes Bank operations much less complicated and reduces expenses. Without these Modem methods the Cost of having a checking account would be sky High. Although in theory the Bank can t Force you to use its checks it can Tell you it does t want your checking business. The Bank did give you six months to switch from using your old Bank s checks. So let s be reasonable. In your shoes i would go to that Bank and say of. I la go along with you folks. But i have x num Ber of checks left from the Bank you took Over. Give me x number of free checks and i la continue doing business with  my bet is that Bank will Agre Ebanks Dan t like to lose customers and no Maii Are especially anxious to Eta ii accounts of other instil icons they acquired through . An  leasing corporation offers Nuch higher inter est on six month Money Market Thrift certificates than is available on Bank or takings and loan association certificate of deposits. I have sent away for the Corpora Tion s prospectus. Would it be Safe to invest a few thousand dollars for ill months a. Your Money won t be Rock solid Safe As it would be in Feder ally insured cd. An equipment leasing company can raise Money in a number of ways including Selling debt securities such As the certificates you Are considering. If you buy one or More of those certificates you will be a creditor of that company. The company uses the Money to buy equipment which it leases to customers. If the company cams a higher return on its leasing business than it pays you and it other creditors the company makes Money. The investment you Are consid ering is what s generally known Asa businessman s  before you Lake it read that prospectus care fully and have the financial statements in it studied by a Good accountant. Business news Market scores 5 straight gains new York up the Stock mar Ket advanced every Day last week in a clean sweep that sent the Dow Jones Industrial average and other closely watched Market indexes to successive highs in Active trading. Confounding sceptical investors the Dow climbed 86.74 Points to end the week at a record 2572.07. The Dow Rose 8.61 Points monday 25.83 Points tuesday 19.77 Points wednesday 27.90 Points thursday and 4.63 Points Friday. The Dow transportation Index climbed 24.24 to a record 1076.24. It has set seven consecutive records. Most analysts contended late in the week that equities still had torn to climb. Investors appeared to agree. In every session profit taking was subdued. A scenario of Strong corporate earn Ings a no Boom no bust Economy stable interest ates and a steady Dollar proved a Green Light for foreign and Domestic investors. Corporate announce ments and special situations increased buyers Zeal. Blue Chip issues were popular Pur chases but the Advance was Broad and included smaller companies. Standard & poor s 500-Stock Index Rose 9.39 to 318.66, the new York Stock Exchange composite Index climbed 4.94 to 178.64, and the american Stock Exchange s Market value Index jumped 10.53 to 358.03, All setting records wednesday thursday and Friday. The National association of securities dealers composite Index Rose 5.80 to 434.93, about 5 Points below its record High of 439.64. De Shopkorn partner in charge of institutional equities at Mabon Nugent & co.,said investors Are re evaluating stocks. It s one of the few games in town there s Cash out there and . Corporate Stock pulse Friday july 31 nose Compo Alta Mou a Tom by volum Day or Stock div Ptim unc arb Sunshine m bit str Hansn a Panama up vol close earns be Ltd 4.324.500 31% s 323 100 93 3.368.000 28s 3.71 �0 53 3.185,800 7x 3.085.100 23 211 130 16 2.400.000 15 1.01 150 09 2.130.600 554 1.770.000 53. 1.743.700 2bk 1.717.800 32 1,090,300 33k 3.75 140 2609 014228.037 4.49 9.0 26 Stock or Caw Fanon pan can Honda fab put Temam Admyra aug i Coo Parl nose compose to largest Nat change Closa Choe earns be yld72k s i 39h 4x 4.17 9.0 4.3 67h4 2.91 23.0 0.1 115% � 3k 5.24 22.0 06 74 3v, 3.23 23.0 105 ,. 3k 4.86 22.0 1.5 48k 3 80 � 3 099 81.0 07 77� 3 68 2% Varnai comp efts Moat Aetna by volume vol close earns be Yew 751.700 14� 7.12.200 4h 060 7.0 530.100 24% 312.600 15v, 253.900 35s 223.000 36h 1.61 20.0 05 217.900 15v, 193.400 10v, 18 183,100 19k, 166.400 7k 0.14 51.0 Ames Compo Alta Lar meet Hal changes dose Choa earns be old 101 9 111.06 9.0 05 100 5 28 15 a 4x 101 � 4 Tavi 3w 35 3v, 078 45.0 1.7 35k 3% 0.78 4s.o 1.7 33% 3k 1 43 24.0 1.3 7k, 2h 0.27 29.0 1.3 32m 2k 4.25 80 03 Stock cart vol Wickas Eoo bin Lorimar Tel Taui air Amdahl Dom tar s Samara placard a i bloc Kac in it Pic 3-22 21.0 2.4 Stock Saa tort am mulch us Koor kinds room end chm Rdv chm Broy to data so mgt Hacop a Prica to Lamb is Raul old Emdon drum Del Danai 8tk Jhom Stock a Manga Mast u Montha Una read. Earnings news has been very Good said so prom. There s still time to put Money into the Market you would expect some Retreat after an exhausting surge said Monte Gor Don research director at Dreyfus corp. But the Market shows no sign of Selling pressure rather the buyers have just run out of steam and will  Gordon said investors confident View of the economic inflation and interest rate Outlook is making them willing buyers. Tie mood Over the weekend will re main upbeat Gordon said. The mar Ket still wants and has the capability to go  on the trading floor. Southern co. Waste most Active nose limed Issue falling 1 a to 23.union Carbide followed climbing i to 28%. American express jumped 3vt to 36 a. It authorized the repurchase Over the next three years of up to 40 million com Mon shares or about 9.3 percent of its 429 million shares , advancing issues outnumbered losers 1,299-628 among the 2,176new York Stock Exchange issues Chang ing  number of shares changing hands on the new York Stock Exchange during the week totalled 911,808,840, compared with 851,482,800 a week before and 617,933,310 shares traded during the same week a year  the american Stock Exchange advances led declines 441-374 among the 1,005 issues traded. Volume was 58,266,020 Sheet compared with 67,971,410 the previous week and51,855,840 during the same week a year  cruise lines led the amex actives falling 1% to 14v4. Fund prices from Page 19 Annc Muno Knofl Mpa Nymn of poo rare fwd so cd pcs  up Comer Georg Omma Oro Hwi it Hiya hid Noom info so info eau ire so mat my to anti of Tony the option open of Tutu thy to fans us co to Ugolev Oum re Fra ing  in fund00. 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