European Stars And Stripes (Newspaper) - May 1, 1988, Darmstadt, Hesse Page 20 the stars and stripes sunday. Way 1,19bb investor s guide by Bui Doyle q. I in bloc Collar worker in id Early 50� ind in hit process of lining my Job. 1 would like to Tares $75,000 to $100,000 in something Mac for lift thai is naked by the Frt no of Emmonl Irani which i Niht rec Ltd intern Mercry month. Although 1 in not but boil infer Tutoli Uria fill . Giving Bondi us . Treasury note come to mind. Which would you suggest a. He band no longer can he purchased for Cash. 11 is have been Avail Able Only in Exchange Tor series e and be Bonds and . Savings notes since november 1982. Tea sury notes Doyle would be a Good Choice. They meet your criterion of safety. They Are backed by the full Faith and credit of our Federal government. Treasury notes come with maturities of two id 10 years and pay interest u . You could buy is 5,000 of trea sury noles every month for six months. Then you could keep it investing your Money by rolling Over each note is it comes due and buy a new note. Try two year Treasury notes. That Way your Money won t be lied up for a Long Lime and if you need 113,000, you can gel it out when a note matures. Two year Treasury noles Hove been yielding about 1. Percent recently. By following the staggered schedule of note purchases suggested above you la gel about 1332.50 interest monthly. Q. Pm i buy is. Treasury securities directly from the govern ment thereby voiding the commis Sions or Vire fees unit or other or urges levied by broken Banks did other inc nut a. Sure. Tote Treasury depart ment Sells Treasury Bills notes and Bonds through auctions. You can buy by submitting a tender bid to the Treasury or your District Federal Reserve Banks and 25 branches. Your local Bank can give you the address of the fed Bank or Branch serving your area. While he appropriate fed Bank or Branch and you will receive ten Der forms literature explaining Treasury securities and a package detailing the Treasury direct system for buying and owning Treasury securities. Certificates no longer Are issued for Treasury Bills notes and Bonds. Instead after you mate a Purchase you receive a statement. Q. A in in Resler in is. Trea sury Bills i in concerned about the Treu Ury direct system. I currently hate $ 15,000 in t Bills. Whit happens if i buy a 26-week t Bill in that in tent and the local bunk to which 1 hive directed the Money be sent tails Between toe time of Ray Pur Thutt and he t Bill s maturity am a Fly protected a. Absolutely. Your account in the Treasury direct system is with the Federal government. Your local Bank docs not receive your Money until the t Bill matures. Even then your local Bank won t get All that Money if you Roll Over the t Bill to buy a new t Bill. In that Case Only the discount Hie Dif Ference Between the face amount of the new t Bill and the lower Price at which you buy it will go to your Bank. Business news Dow had modest gain in april new York up the Slock mar Ket stumbled in the final two Days of the week but managed to close the Book on april showing a modest gain for the month. The Dow Janes Industrial average which fell 8,95 Friday closed the week 01 2032.53. For the week the Index gained 17.24 Points. For the month which included a new Post collapse closing High \ii10.08, set april 17 the Blue Chip indicator advanced Points. Despite a flood of favourable corporate earnings the number of investors willing to participate fell sharply last week. On thursday volume totalled a pathetic 128.7 million shares the slowest session so far this year. This Market is really not giving any one any incentive to gel into it said Jack Picklor. Director of research at wheat first securities in Richmond a. There remains it lot of Money on the sidelines and it appears we re locked in a tighter trading Range than pie kick placed that Range at Between 1900 Anil 21 so As measured by the Dow. There is n standoff Between the bul Lish and bearish investment strategists picker said. And. In leu something major happens there la lie no resold on monday the Market put aside worries Over inflation and higher interest Rales and turned in its Best performance. New York Exchange new Turk Ptim is to Ifni still n no Van the Dow Rose 20.88. Those fears resurfaced thursday with the release of favourable unemployment data and once again the Market chose to Sec the Good news As a negative that could Lead to higher Rales in a Strong Economy. The Dow fell 6.63. On Friday the Market registered Little reaction to two pieces of economic news one scheduled and the of her anticipated. The Commerce department said the government s main gauge of future eco nomic activity Ine Index of leading economic indicators Rose 0.8 percent in March. The increase was in line with Market expectations. Just As trading began the Market Learned that the Riggs National Bank in Washington had raised its prime lending rate to 8.75 percent from 8.5 percent the Market s negative reaction to the move by Riggs was tempered by the fact that no other major Bank followed the move. Broad Market indicators also managed modest gains on the week. The new York Slock Exchange composite Index Row 0.84 to 147.87. Standard & poor s 500-Stock Index added 1.19 to close the week a i 261.33. Advances topped declines 1.100-775 among he 2,169 issues traded. Big Board volume totalled 707,425,5sj shares compared with 775.l50.tfx the previous week and 919,562.670 a year ago. On the nose trading floor. Southern co. Was the most Active Issue Down it to 21 v. The company s Stock which car Ries a 9,3 percent dividend yield went a dividend tuesday. Texaco followed adding 2 a to 50 i. A Dow Jones report thursday noted that the waiting period preventing Kohlberg Kravis & Roberts from increasing its stake in Texaco expired at Midnight that evening. At to was third Down h to 26ism lost on the week to ii3k. Digital equipment recouped 5vi lo104 it. Lucky stores jumped 8 to 61%. The company said it had reached an agreement with Gibbons Green. Van Amerongen in which Gibbons Green would acquire Lucky for 161 a share. Among the Active Blue chips. General electric was up a to 40ii, us was up ,-1 to 32 i and Union Carbide added v 11i7u.50u us caption cup Sci flew vhf he uk16 a Jurt Egv american Exchange 141 to �2 up h of Ort we hum Ufi m to my my stack if tvs a name no tips Fndia hut wll 1111title Mutti 1 jm.30u in i itt pm to 3 h i j7 h of Tuph let my sat unit Dupont gained 3 a to 83. The com Pany said its firss Quarter earnings jumped to s3. 45 a share from 11.62 a year earlier. Among the Active ail issues. Union was up i to 447i, Phillips Petroleum was up a to 1 7ft, Occidental Petroleum we off i to 27 and Mobil was up it to46 vhf. On the american Stock Exchange the Macx Market value hide Rose 111 to close it 303,14, while the notional association of securities dealers Index added 5.10 to 379.2-1. Advances led declines 487-321 among 1,013 issues traded on the Macx. Vol ume totalled 52.999.s4s, shard com pared with 41. 1 43,160 traded a week ear Lier and 62,737,445 traded in the same week a year earlier. Dome Petroleum led the Ames actives off 1/16 to 1-1/16. Amdahl Fol Lowed gaining 1% 10 39h. Ich was Iii re adding u to 7. 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