European Stars And Stripes (Newspaper) - April 2, 1989, Darmstadt, Hesse Page 20 the stars and stripes sunday april 2,1989 investor s guide Sybil Doyle q. I retired on in spiny pen Sion plan in or Toter 1987. My wife is Milf employed As a medical Doc Tot and dots not have a pension plan. We did nol fund in individual retirement Aeron no for 1987, be Caw at he 1986 Law. Prohibiting people covered by pension plans from doing so. Can we put $2,250 from my wife s self pm played income into an Ira for 1988? or a i considered in a company pension plan because i am receiving pension payments a you re in the s2.250 contribution no a spousal Doyl Ira Tor 1988 can be made fro your wife s self employed income. The Money can be divided be tween her account and yours with no More than s2,000 going into either account. The 12,250 Ira contribution will reduce your taxable income thereby cult my your income Tan Bill. You list thai contribution As an adjustment to income on line25b of your form 1040 Federal in Rometa return. The fact that you arc collecting a pension docs not prohibit you fro making a Ian deferred Ira contrib Ion. That provision in the tax re form Art of 1986 applies Only 10 working people who Are covered by qualified retirement plans at their . And you could have made an Ira contribution for 1987. But As a mar Rich couple if your adjusted Gros income was More than 150.000, that contribution would not have reduced your taxable income if your 1987 adjusted Gross income was Les than $40,000, you would have been Eli Ilc for the full $2,250 your-198? adjusted Gross income was Between $40,000 and 50,000,you could have had a partial Deduc Tion. Since your wife is a doctor i m surprised she does t have a Keogh retirement plan which is a better an Ira. She Caput up to 20 percent of her net self employed income into a lax deferred Keogh plan. Q. A i Crul years ago i Pur chased 8 1 shares of a Good common Stock for my self directed Ira at a Bruk Enire firm i am very pleased with that Stock but i have several other investments for which i have no similar affection in the Ira. I would like to set Al those in it menu except the one Good Stock and Roll Over the Ira to seme place under cheaper management can i Roll Over or Transfer Stock shirts Fiora one Ira account Man Ager to another or must i sell these shuts and buy again through my new Ira broker a. There s no need to sell the Stock you want to keep. You thlire account with the Slock other securities and Cash in act. Thai s accomplished through an Ira Trusley to Luis tee pick out the new Ira trus tee with whom you decide to do business it undoubtedly will be another brokerage firm handling self directed iras. Fill out the necessary papers at he new trus tee and that brokerage will arrange for the Transfer. handling bras do vary greatly among different brokerages so shop carefully and gel All the de tails about expenses. Dow posts gains in 1 St Quarter by Chet Currier a business writer new York the Stock Market overcame a welter of worries to Post some respectable gains in the first Quarter of 1989. But misgivings about the. Financial an economic Outlook Are still very much in evidence As Wall so Celers look ahead tothe remaining nine months of the year. From the Start of the year through the end of March most leading Market indicators chalked up advances in the 5 per cent to 10 percent Range. If thai kind of Pace could be sustained Over a year or two in would qualify As a robust Bull Market. -,-.--.-. Yet Little rejoicing has been heard inthe investment Community which still apparently has t gotten Over he Shock of the crash thai occurred a year and a half ago. Since the great crash there has been no consistent theme or trend said Edward Nicoski at Piper. Jaffray and hop Wood inc. He describes the current mood of investors As one of the pessimism Calls for a slowing Economy and rising unemployment whereas the Hope is embedded in the be Lief this will Cool inflation diminish our Trade imbalance and lower interest or pro erns Kourou French Guiana up tix Nical problems forced saturday s launch of a French built ariane 2 rocket to be cancelled. With about 7 minutes to go final countdown for the 162-foot Anane 2 was halted because of a helium leak i ground support equipment and problems with the rocket s guidance system. Charles bigot director general of Ari an space said engineers would study the problem and announce a new launch Date later saturday. The rocket is to carry a nordic Sal Ellie on the space program s third flight of the year. The telex satellite is a television relay station designed to improve communications Between com Mercial and private users in Sweden Norway and Finland. The flight plan had called for the2,800-Pound. Satellite built by the French company Aero spatial to be ejected into a preliminary egg shaped Transfer Orbi 19 minutes after Blasl Oft. The planned flight is the 30lh since temperatures Blutt Fuget Fri Tackx to pcs Otisie 9 Juniur Ondulic a Jet a wk1sm.scj. Cowrt july Hilo us � 39 29il m 71 4545 j9 4140. M 66 33" 64 it to so 57 � 71 45m it u j2 54 bs4 to 3 j440 m 7s 51 is 11 40 3134 x 47 .32 m 30tii 64 13 St 3931 a 45 33 " s9 to t 39 43 3135 33 19 s3 it Tom to put i Ems eur vat . Al Nat &4 inf fib e i.nc.2 Chi Hill html.1. Jiwu Hilo 44 32m a 6? 43 m x 3? its 47. 61 29 m 33sf 44 47. It m 023s 31 61 4s 37 ?s61 3s 29 7fi 49 u. A 47 3t it it a t4 3tso n 39 Uii m 14 72n 47 64 13 41 30 67 35a 4s 40 11 56 40tl if 74 41 rates Nakoski said. The unlikelihood of All the preceding happening without a meaningful recession and sharply lower corporate profits has not gone unnoticed increased recession worries were Evi Dent from the behaviour of diversified manufacturing Auto and machinery stocks All of which ranked among the 10 worst performing Industry groups for the Quarter. In a compilation through March 29,Standard & poor s said the manufacturing group was Down 3, percent he autos locks dropped 2.6 percent and the machinery group lost 1.5 percent. Over the same periods a s 500-Slock composite Index Rose 5.3 percent not counting dividends. Earnings worries meanwhile weighed heavily on technology stocks. The com Puter systems electronic instrument communications equipment and Semi conductor groups Alt finished in the minus column some of he big winners such As the airlines up 17.8 percent and Hospital management up 20.2 percent got lift from the continuing Boom in takeover and buy outbid. For its part the Dow Jones average of 30 industrials posting a 50.58 Rise to 2,293.62 in the past week closed out the Quarter with a gain of 125.05 Points or5.77 percent. Other readings for the week showed the new York Slock Exchange composite Index up 2.99 Al 165.63 the Nada composite Index for the Over the counter Market up 5.79 at 406.73 and the Amer ican Slock Exchange Market value Index up 3.44 at 3 28.31,volume on the big Board averaged 146.91 million shares a Day against14s.40 million inc week before Many analysts agree the Crux of the markets problems right now is persistently High interest current environment in any historical perspective is unattractive for equities said Edward Kerschner Al Pai no Webber inc. First the relative safely of a Guaran teed 10 percent one year return stacks up Well against the returns the equity Market might deliver even in the most benign environment Kerschner , the Impact that these higher interest rates have in both depressing the corporate Revenue line and increasing the corporate expense line suggests that the profit environment Over the net few quarters might be tar from benign. High interest rates have historically been a Harbinger of a risky Stock Market because they have been Lead indicators of earnings disappointments he said. The ariane family of rockets debuted in december 1979 and the third of nine scheduled for 1989 by Arian space the european consortium that markets ariane launch services. The last launch came on March 6 when an ariane 4 blasted off into space before saturday s scheduled launch ariane rockets had a record of four fail ures and 25 successes 11 in a raw since the most recent failure in May 1986. rockets arc marketed in direct Competition with american launchers and the program enjoyed wide Success after a siring of . Rocket failures in1986. Arian Espach holds contracts valued at More than $2,2 billion to launch34 satellites five of which Are owned by. American rockets typically deliver communications satellites into elliptical Transfer orbits that must be made Cir Cular later if All goes Well the finl of three planned firings of an on Board rocket motor will begin raising the Low Point of telex s elliptical Orbil. After the third such firing the satellite should be in a circular orbit 22,300 Miles Over the Equator. A satellite s Orbital velocity depends Only on its Altitude and Al 22,300 Miles up an object takes 24 hours to comple Teone orbit. Its apparent motion is thus synchronized with Earth s rotation an the satellite appears to hang stationary in the sky eliminating the need for expensive Steerable ground antennas. The solar powered telex space Craft owned by the nordic satellite . And operated by the swedish space.corp., was built to provide direct Broad cast television service o All three coun tries and to serve As a data relay station for business use eighty five percent of the nordic satellite . Is owned by Sweden with theother 15 percent owned by Norway. Through a separate agreement 3 percent of Sweden s control Over the company was Given to Finland. No Mutual the weekly Mutual fund listings were unavailable for this edition because of transmission problems. Uttie March 31 Hilo u 61 a Luek i Ell Nilal Lau Nuguit 14bj 39 i la 69 39 european weather Foft Tel la Sitf to to Nepi i until pm 10cii Comal oudh my run Vita m of. 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