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Publication: European Stars and Stripes Sunday, February 21, 1988

You are currently viewing page 20 of: European Stars and Stripes Sunday, February 21, 1988

   European Stars And Stripes (Newspaper) - February 21, 1988, Darmstadt, Hesse                                Paga 23 the stars and stripes sunday february 21,1988 investors guide by Bill Doyle  tit in clod literature from a Bank offering i packaged Raffl Tiili Cert fitter of Dee Oil pc  the lil chm says that Chr ourth Manke Minli with i Bank Neon Erk up to $1 million in re main fully limited by the Federal Deposit insurance corp. A Alicr till the $100,000 Odic c Arn Iliili with i single bulk him it this Dune is the Amoun mtr 5100,000 at Safe notify by Law Thil Rmoutil a. Read the Small print Al the Himi Orn of hat Litera Ture very carefully Anil you will Sec Ilis from a Bank holding company. That holding company own 10harks. Each band 15 a sep Arate anti i  you Mcnuty Doyle Iolo cd through. Hie packaged program you could obtain a cd Al each of in Many As 10 Banks. You Wouldhave s 100,000 Odic coverage at each Bank far the is million total. Al each Bank your Money would be Rock solid Safe up . Be aware thai if you obtain Asi 00,000 cd at any Bank and Cave your interest to accumulate the interest that builds up will not be protected by hic. Readers should not con fuse sep Arate Banks owned by a holding font Antny with branches of an individual Bank. Odic coverage slops Al  per depositor at each Bank even if you have accounts at a number of different branches of the same Hank. Q. My husband and i have Tun cd Tut Alini More thin �100,000 Al that same Bank. One cd is in my nit or his Wilh my social Secu Rity number. The other is in his name or mine with his is num Ber. I the Amnuel above $100,000 insured a. No. The Odic Booklet explaining Deposit insurance cover age which is available at All Banks slates insurance Protection on join accounts is Nal increased by rearranging the names of the own ers changing the style of the names or by establishing More than one joint account for the Bame combination of owners inthe same insured  the same rules applies to of Cdr of savings and loan insurance corp. Coverage Al a is and National credit Union share insurance fund coverage at Cus. Q. Published Ilia of cd  earn inc Fol Loning disclaimer. Caution though federally insured Many Bank and so with High cd rates Are Iii poor financial  is Here a source from which i can lean he financial condition of individual Banks and Sals a. You can i get in from any official source. Government Regula tory agencies will not reveal that information for fear of starting runs on the  you can buy reports analysing financial conditions or federally insured Banks and Sli at prices from $25 10 j100 fro some private firm. Because those reports often arc out of Dale 1won t recommend them. Business news Market ends week Over 2000 new York up the Stock mar Ket extended its Caily february rally with Strong finale Ian week pushing the Dow Jones Industrial average Back above the 2000 level for the first time since the firs week of the new year. The Dow Rose 28.18 Friday to close the week at 2014.59. For inc week the Index added 31.33 Points or i percent. The Dow regained the 2000 level tues Day for the first time since Jan. 7, when it closed at 2051,89, its highest level this year. Ii held on by less than a Point wednesday and then fell about 15 Points below 2000 on thursday before the Friday recovery to inc 2000-plus Side. The 2000 is it is purely psychology Cau said Gail Dudack a Market analyst with . Warburg a co. In new York. I think Well get another 100 Points after 2050, but that will Lake a Little More  the Dow has gained about 100 Points in new York Exchange hew Pond fun to n ital ism Motel inn a Folk such Etc hinge can Poult it drug of Naff. Lock my a Briois. T.3s,k� 5.sm.ooc 5 h73.ni 2jb7. 2.0sd.700 1.365 in Utah ups up is its in us until up up up the past eight sessions. Despite the gains. Al Goldman Market strategist with . Edwards & sons in , remained cautious about the mar Kef s near term Outlook and questioned the underlying strength of the Market s recent sunup. After thursday s pullback triggered in pan by Ford motor to. Earning that were Strong but below Market expectation Goldman said inc decline indicated that Hie recent rally was technically weak and the Market lacked leadership. I d say the next 100 Points is Down not up Goldman said. Volume was moderate but picked up on Friday. Analysts said the decline in volume reflected the curtailment of program Trad ing and the absence of High volume dividend plays. In addition Many investors were sidelined out of fear that a correction was at hand in Lien of the recent Advance. I think we got a Little used to having spectacular weeks when inc Market moved sharply up or Down Dudack Laid. Then everyone was complaining about the Vola american Exchange Huff York 4 of Tom la pfc in cd etching Echnat not few Jug Fndia  Maut lorm Tim air 3b7856.1m605,100 368.Tjwiw this fund10 w corp ii min Kodak 11342 a j7t,100 if train 10 n e25.0w b m 190.100 1941ia Ras 1  give Urt Hristu. 5vi turd uol1b upirph10 s up up Utility. Now everybody is complaining about How quiet things  Broad Market indicators also advanced pm the week. The new York Slock Exchange composite Index Rose 2,10 to 146,96. Standard & poor s 500-Hock Index gained 3.91 in Doc the week at 261.61. Advancing issues outpaced loser t,ob6 763 among the 2,143 issues traded. Vol ume in the four Day week loialed644,296,530 shares compared with 897,155,540 last week and 763,309,500 a year ago. The Market was closed monday for a National Holiday. On the trading floor Putnam Premier was the most Active nose listed Issue on the week unchanged at 10, Texaco followed gaining 4yi to 42tt. The company Friday said that investor  pie kens has asked for regulatory approval to buy a stake in Texaco Federated department stores was third Down % to 60 a. The retailer continued to resist the unsolicited takeover bid from cum Perii corp. Of Toranto. Ford motor gained i i to 44vi. The  record profits for i9b7. The american Stock Exchange Index Rose 3.16 to 280,16 while the National association of securities dealers Index added 3.8 j to 357.12. Skiers Complete training Moscow a ten soviet and four Canadian Jim who plan to Cross the North pole on skis Are finishing up training on Dikson Island in inc far North of the soviet Union and plan lode part March to it was reported Friday. Amtrak train fire kills i injures 16 Hastings neb. A a Smoky fire in a Crew car on Amtrak s California Zephyr killed one Crew member and injured 16 people Early saturday officials said and passengers complained that they received no warning of any danger. The fire aboard inc westbound train carrying 294 people was reported about 3 . And was under control by 4 30 ., said fire chief Jim Miira. In was not Clear if the fire began inside or outside the train. The impression is that in May have started externally said John Jacobsen an Amtrak Public relations director in Washington. The conductor first noticed the tire from the exterior As the \ fund prices fromparjs19 train was pulling into the Hastings Sta Tion for a regularly scheduled Stop. Passenger were alerted to the Blaze by thick smoke that appeared to be coming from Crew cars just in front of the Pas Senger sleeping ears. Several passengers said they received no assistance from Crew members and had to Eva Wiwie the train themselves. It s a Miracle that there was t some kind of panic said Sam Ren Llcy of fre Mont neb., a passenger in the first coach car behind the passenger Sleeper. I think the worst thing was that they did let anyone in our car know wit either we were in danger. We could t find out if our car was  the Crew car and the passenger Sleeper were disconnected from the Zephyr which travels from Chicago to Oakland calif., los Angeles and Stallc wash., Jacobsen Jaid. We re waiting for inc Crew members to be released from the Hospital id get the train going jacobian said. Amtrak investigators were on their Way to the scene. The victim identified As Cesar Arguelles 70, was one of seven Amtrak Crew members inside a Crew Compart ment said Jacobsen. Fifteen people were admitted to Mary Lanning Hospital for ire Aimeul of smoke inhalation or minor injuries and one Personas treated and released a spokesman said. Dhle a  m7 of Jio in Utun Tig 6h Bini iia i at finl Iii Hirw new in com ii i i it such an i in Ira. Kornj m 1b9 114 09jb� Jet a 1qqq Eidht d9 1114 i1h i i it in 1u 4. I 1117 a. U3 nit my .17 hit Otti ism Stu 1911 1�77 07 my Itu ij1j, 01 my lao do Spotful t240 Tel Kew Hod it u a Tii Neil a set n n a 10 a Csc a 14 id a pit to he m ii pita 1111 Hidi Tan 171 u hum in Impi it m. Of in rih 77121.15  term ten ims Fli Ulm 911ict sri Tiki 9ti sir Steffi huh Cir in ii in 14?bb7 Iii 97 m kl7il in. 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