European Stars And Stripes (Newspaper) - April 30, 1989, Darmstadt, Hesse Page 20 the stars and stripes sunday april 30,19b9 business news rally gives stocks 5th straight weekly Advance new York up the Slock mar Ket posted its fifth consecutive weekly Advance last week scoring most or its gain thursday when favourable news on the interest rate front triggered a Broad based rally. ". The Dow Jones Industrial average soared 29.88 Points thursday to close at its highest level since the oct. 19, 1987, crash. Profit taking Friday led to a mod est 0.19 setback causing the Blue Chip Index to close at 2418.80. For the week it advanced 9.34 Points or 0.3 percent. Broader Market indicators had modest gains for the week. The new York Stock Exchange composite Index Rose 0.23 to investor s guide by Bill Doyle q. If Deposit several Nomand dollars in Cash in a Bint is it True thai the Bank will notify the inter Nal Revenue service if so what is the limitation on Cash deposits does he some apply to checks if not Why Only to Cash deposits a if you Deposit si0.000 or More in Cash the Bank savings and loan association or credit Union is required to notify the irs there s no limit on the amount of Cash you can Deposit but if in is 110,000 or More the depository institution is Doyle required to i a a form with the irs detailing the transaction. The filing requirement also applies to frequent Cash deposits of less than is 0.000 each. There Are exceptions to this Fil ing Rule for businesses thai nor Mally Lake in Large amounts of Cash. But the irs will find out when the average citizen presents a lot of Cash at the Teller s window. If the irs questions you about your big Cash. Deposits All. You have to do is prove you came by the Money legitimately the reasoning behind All this is obvious. The irs is our Federal tax collection Agency the filing requirements provide one Way la track Down lax evaders who Deal in Cash. There is no is tiling require Mem for Check deposits no Mailer the size. After All corporations and citizens normally write and receive checks in the Ordinary course of the business . When 1 bought a seven i a Floate of Deposit no one sex to me that in interest might drop. At tint the interest has 11.15 percent. Later to fell to 9,75 jew Clit and u ended Jan 7, 1989, i 7.is percent. My family says 1 got taken. What do you sat a. It s Clear that of had a variable rate cd on which the inter est can could change based on a formula set at the time the cd was issued most cd have fixed rates on which the interest is determined at the time of Issue and does not change. The interest on a variable rate cd however can go Down or up. How much that depends on Lite terms of the particular cd. The change in interest on variable rate cd usually is tied to some Index such As the rate on Treasury Bills or notes. But it might be in line with the prime rate or some other Fiveas Cremeni close at 173.13 Friday. Standard &. Poor s 500-Stoclc Index added 0.03 to dose the week at 309.64. Advances led declines 1.039-807 among the 2,146 issues traded. Big Board volume totalled 803,152,700 shares compared with 892,767.790 the previous week and 707,425,533 a year ago. Aside from thursday s rally Slock prices held firm in Spile of profit Laking that resulted from scepticism about the Market s ability to preserve its recent gains. There Are a lot of under committed investors looking for an entry Point to get into the Market said Michael Mcloz Market analyst with Oppon neimer & co. On the trading floor last week at to was the most Active nose Issue rising it to 31h. Us followed climbing to 34k, and Ford was third dropping 1w to 47v. Union Carbide Rose in. To 31, ism climbed i to 114 a general electric Rose i to 48 a Exxon Slid 1 i to 43v and Avistar International fell is to 5 i. Lbs gained 8w to 195%, Craig plunged 6% to 33tt. Cray research fell Soj to 49w, citizens & Southern Slid 5v to 29w, and sea containers climbed so to48vi.on the american Stock Exchange the amex Market value Index Rose 2.49 to end the week with another Post crash closing High of 345.08. Advances Jed de Clines 434-393 among 1,026 issues traded., ,.-." amex volume totalled 54.580,440 shares compared with 62,604,050 traded a week earlier and 52,999,845 traded in the same week a year ago. Wang labs class b led the Macx is sues rasing a to 7h. The National association of securities dealers Index Rose 3.79 to end the week with a Post crash closing High of 427,55 Yale tests fail to create fusion new Haven Conn. A Yale University and Brookli Aven National Laboratory scientists say three weeks of tests at Yale failed to produce room temperature fusion and they arc sceptical of findings announced by Utah researchers no emissions of neutrons or Gamma rays which would be evidence of atomic fusion were detected in excess of Normal background radiation according to preliminary results from the Yale experiments a Yale physics professor mosh Gai said Friday the tests conducted at the Arthur w. Wright nuclear Structure Laboratory failed to confirm the findings Mutual funds from Page 19 of scientists from the University of Utah and Brigham Young University. But Gai also emphasized that he and his collaborators cannot say they have disproved the fusion findings at the University of Utah. Physicists said they were hampered by a Lack of detail about the Utah experiments. However Gai declared that from what 1 see 1 have Good reason to be sep the Utah researchers _5hoekcd physicists last month by claiming to have produced cold fusion using simple lab equipment. Fusion is a process that could provide a source of abundant in Rob ii 1 11h 01 to m. I iob2ll.il i hum 911 in of 9411 1i3�hj4� ,0 to 12.2s. U i idi2-.oik 9u 01 11q 11411 01 Job he 2i to 1021ii86 ii t clean Energy the two groups said they obtained fusion by dunking palladium or Platinum electrodes in solutions of heavy water and passing electricity through them heavy water contains deuterium a form of Hydrogen with one extra Neutron. Until last month scientists assumed that the fusion of Hydrogen atoms which Power the Sun stars and Hydrogen bombs occurs Only at extremely High temperatures and pressures. 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