European Stars And Stripes (Newspaper) - May 14, 1989, Darmstadt, Hesse                                Page 20 the stars and stripes sunday. May 14,1989 business news favourable economic data give Market boost new York up Stock prices Rose last week in Active trading scoring most of their gains Friday when Good news on the inflation front triggered the sharpest Market rally in almost a year. The Dow Jones Industrial average which jumped 56.82 Friday to close at 2439.70, gained a total of 57.74 Point for the week. The surge marked the Dow s biggest daily leap since last may31, when it shot up 74.68. It also rep resented the Dow s highest closing level since the oct. 19, 1987, crash. Analysts said the news Friday of modest 0.4 percent Rise in april producer prices sent prices soaring As a result of it implications that inflation and interest Rale pressures May be starting to Case. The consensus was that lower interest rates would pave the Way for a stronger Market since High rates tend to make investor s guide fixed income and other types of invest ments More attractive than stocks. Broader Market indicators also Rose Matching the Dow s feat of posting re covery highs Friday. The new York Stock Exchange composite Index climbed 2.99 to 175.13, and Standard poor s 500-Stock Index Rose 6.23 to end the week at 313.84. Advances led declines 1,098-747 among the 2,155 issues traded. Big Board volume totalled 804,370,560 shares compared with 816,402,690 the previous week and by Bill Doyle a i have purchased stocks an Bonds through the same broker for 15 to 20 years with Complete Confidence in his advice and honest. Last year he told me there would be fewer problems Down the Road if i had my wife name added to mine on the Stock and Bond certificates. Me said upon the passing of one of us Heather would Doyle take Over with no problem. He said if i would Send the certificates to him he would have both our names put on them at no charge. I sent the certificates. In a Short time the common Stock certificates came Back in both names. But it has been a different Story with the preferred stocks and Bonds. I have been wailing More than six months and have not received them. I have phoned and written the broker. No Luck and no explanations lie evidently has been in touch with the various  for the dividends on the preferred stocks and interest on the Bonds now come from the broker age firm not the issuers of the preferred stocks and Bonds. I want to get those certificates but am at a loss How to do it. What do you advise a. It s past time for you to have visit with your broker so that you and he can talk things Over and Pecan explain what has gone wrong. It s doubtful you have any Caus for serious worry. More Likely things were fouled up by the broker age firm s Back officer where paperwork is handled and details Suchias adding names to Stock certificates thereby changing the registered ownership Are arranged. The actual change in ownership registration is accomplished by the Transfer agent for each Stock and the registrar for each Bond  to your broker and the Man Ager of his office. Tell them you will complain to the securities and Exchange commission if you Donot receive the certificates within a reasonable time say two  securities in Street name arc ordered put the properly registered certificates can be delivered in a hurry. C King feature 765,380,000a year ago. On the trading floor pan am was the most Active nose Issue gaining /4 pan am tuesday said it might make competitive Cash offer to buy Nwa Parent of Northwest airlines. Nwa is fighting hostile $2.7 billion takeover attempt by in Vestor Marvin Davis. Avon followed jumping 37/4 to 39%.avon said it received a $39-a-share takeover offer from Amway corp., which holds a1 0 percent stake in the company along with investor Irwin Jacobs. On the american Stock Exchange thealex Market value Index Rose 1.46 to end the week with its highest closing level since the crash at 348.30. Advances led declines436-398 among 1,022 issues traded. Amex volume totalled 54,955,025 shares com pared with 53,294,675 traded a week ear Lier and 43,471,035 traded in the Sam week a year ago. Dia sonics led the amex issues adding l/i6to215/16. The National association of securities dealers Index Rose 4.09 to end the week with a Post crash closing High of 434.83. Matriarch 95, quits huge family store Omaha neb. A Rose Blum Kin the 95-year-old russian Immi Grant who founded the Nebraska furniture Mart said Friday that she quit the business in a dispute with he grandsons Over control of the giant store. I got mad and quit said Blumkin who began Selling furniture out of a basement in 1937 and became known to the Community As mrs. B. The furniture Mart with 300,000square feet of retail space is the nation s largest furniture store at a single location. Warren Buffett s Berkshire hatha Way inc. Bought 90 percent of the store in 1983 for $55 million. But Blumkin retained the title of Board chairwoman and remained a fixture in the store Selling from her motorized Golf cart. She said she has been angry for sometime at her grandsons Ronald Blum Kin 40, president and chief executive officer of the furniture Mart and Irvin Blumkin 37, vice president. They arc sons of Louie Blumkin 69,who ran the furniture Mart along with his Mother for years and who still has Amajor role at the store. Rose Blumkin said she is not upset with her son but she told the Omaha world Herald she has used the name Hitler to refer to the two grandsons. The Blumkina arc jewish. She left Russia at age 23 and began Selling furniture in the basement of he husband s second hand clothing store in 1937. She said her work has been her life occupying 6 h Days per week "60 to 70 hours a week. It s awfully lonely not to do Noth ing she said. I need work. I go  the furniture Mart s sales of Furni Ture carpets and appliances reached $ 152.5 million last year. Mutual funds from Page 19 sett 903 941 14vikjep 11.16 1163. 13 Premate Torsoe cite 1112 Ohte 1116ttbd 1302  your Nenma Graing Brunc Hill Duncom Nln Nhon ny1f solemn try  Tifrit Tarsi prior it 144 1153 14 a910 1638 1376996 139914 950944 15442074 1258975 11 35505 1236 no 05nl ii no .18nl .11 no 25nl 20 Al 03nl 09 no 05 m. 02nl 05 no. 27nl 20 no. ,15nl. 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