European Stars and Stripes (Newspaper) - October 28, 1990, Darmstadt, Hesse                                Page 16 a the stars and stripes sunday october 28,1990investors wary despite budget Progress new York up a stocks suffered a setback last week As investors focus returned to the Mideast crisis and the shaky banking system since Progress had been made toward a budget Accord. The Dow Jones Industrial average Sank 48.02 Friday to end the week at 2436.14. It lost 84.65 for the week or 3.36 percent. Among broader Market indexes Standard amp poor a 500-Stock Index fell 7.77 to end the week at 304.71, and the new York Stock Exchange composite Index lost 3.69 to end the week at 166.71. Declines thumped advances 1,079-809 among the 2,160  traded last week. Weekly big Board volume totalled 719,883,860 shares compared with 901,650,030 a week earlier and 875,051,080 shares during the same week a year ago. The plunge in financial issues Friday came amid reports that manufacturers Hanover indicated that it might Cut its dividend later this year because of the harsh economic environment. Chemical banking and Chase Manhattan have already Cut their payouts and Citicorp said Friday that it was putting off pay raises for 45,000 executives until the Middle of next year As part of an austerity drive that also could entail staff cuts. On the trading floor last week Citicorp was the most Active Issue sinking 2v& to 11 Vic to the lowest Levels it has seen in More than 8 years. Uniss followed plunging Xhu to 21/4. The company thursday reported a $357 million loss for the third Mutual funds Quarter warned of a possible fourth Quarter loss and said it would Cut 5,000 More jobs. Chase Manhattan was third Down a to 11. Among the other Blue chips at amp to fell a to 333/s, general electric Sank 5 to 50vi amid concerns about its financial service unit Philip Morris lost l3/4 to 465/a, and coca cola Slid 1v4 to 44vi. On the american Stock Exchange the amex Market value Index lost 2.32 to close Friday at 291.39. Declines led advances 420-345 among the 973 issues traded amex volume totalled 52,916,215 shares last week compared with 56,890,405 traded a week earlier and 59,647,355 traded in the same week a year ago. Continental air led the amex most Active list collapsing 2v& to 3% As the company denied reports that it might file for bankruptcy in the face of a surge in fuel prices. The National association of securities dealers composite Index fell 3.01 to end the week at 334.36. Stocks Allied signal Al Tel Carp Alcoa Arda Hess Amr corp am brands Petra Lite am Cyan am Eipur am express am greeting am Home am med lid Asa at amp to am re Chi Avon Bally mfg Beth steel Boeing Borden Boston de Bristol my Brunswick oct 25 25.3 30.1 55.5 48 47.1 74.3 31.1 47.1 28.1 19.7 48.3 5.1 43.3 34.1 130.1 25.1 5.1 11.3 48 34.1 18.1 62.7 7.3 oct 26 25.3 30.1 55 40.1 45.5 30.3 46.5 28.1 18.5 4b.3 5.1 42.1 33.1 129.7 25 4.5 11.1 46.1 33.t 1b.3 62.1 7 Courtesy of oct 25 Cate trac Chase Manh Cox corp Chrysler Clark equip coca cola cold Palm lbs Comsat cons Edison Contrata Deere digit equip Disney Dow chem Dresser ind Dupont e fuel Gas East Kodak Energy Exxon Fluor Ford Gentt Nam Gen electric 42 11.3 28.1 11.1 23.1 45 66.7 156 25.3 22.7 9.5 39.5 52.3 95.1 43.3 19 34.1 24.1 39.1 20 47.3 32.7 32.1 21.3 51.3 Merrill oct 26 40.3 11 28.1 11.3 22.1 44.3 66.1 154.1 24.3 22.5 9.1 39.1 49.3 93.1 41.3 18.5 33.3 24.1 38.7 20 47.3 32.1 30.1 22a 50.3 Lynch a Mph oct 25 Gene tech gents tin Gen lbs Gen motors 39.1 Gen pub til 43.3 get Gillette Goodrich Goodyear hards corp 15 Hewlett p 29 Hilton heme stake Honeywell ism 27.1 89.3 28.3 60 33.3 16 inc inti paper fit Kol Lorg Kroger Ull Yel limited inc Litton Lockheed 30.1 17.3 83.1 108.5 25.1 48.3 44 64 12.3 73.5 14.5 75.1 26.1 Frankfurt a 4 . 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A fld 8.66 no .01 prime 10.47 no .14 sped 16.20 no .17 Stock 18.01 no .22 Tot ret 21.64 no .19 strategic funds Gold 3.15 3.44 .05 Insl 2.53 2.77 .11 Silver 3.10 3.39 .11  22.09 no .11 Stral Goth 16.76 no .16 Strang funds and veg 9.74 no. Disco 12.06 12.31 .08 Gosc 10.07 no. Inco 9.03 no. Insl 17.43 17.61 .02 Mund 9.09 no. 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Pennon 9.97 no .01 Viper 15.39 no .08 a Spur 9.13 no .17 Sph r 24.20 no .32 a Spur 14.10 no .20 a str 10.04 no .13 Wells 15.59 no .05 Wellton 15.51 no .17 in Der 9.88 no .22 Wndell 11.90 no .25 old enl 11.62 no .18 Wildus 9.60 no .20 Ventura advisers inc i 5.12 5.38 .01 unit 9.24 9.24nyven 8.10 8.50 .13 up fat a 6.51 6.51rufet 18.30 no .39 i Keln 15.41 no .27 Villi funds caper 12.43 12.43 .0a Grinc 16.53 16.53 .17 Nytz 10.49 10.49finc 10.44 10-44 .01 go inc 11.00 11.00vol met 11.17 Nln .15 Voyageur fat co of 9.84 10.24grasp 15.53 16.4b .21 mint 10.25 1d.54 .01 a nth 11.50 12.07weiss Peck Raar Tudor 19.87 no .24 mpg 17.90 no .29 govt 10.03 no .01 Goth 91.42 nl�?1.39 Walls 4.96 5.25 .09 Walls Uu-401k Altai 13.85 no .05 up St 21.85 no .39 fix Lect 12.83 no .01 Smi cof 10.20 no .03 in store std 9.84 1 0.04 .01 in Ted 9.57 10.02 .02 Bop la 15.09 15.80bashi 15.49 16.22 -14 mod i 9.78 10.24 .20 Modco 9.66 10.12 .18 site 15.00 15.31 .01 Weslwe 12.71 13.24 .15 Wood Strothers new 9.66 no .05 Pine 11.06 no -12 Wing 9.25 9.25 .12 Wright funds glob 11.56 no -02 Jerbich 9.77 no .04 near 10.14 no. Quisor. 9.53 Nln .14 Sibich 12.90 no .17 Tot ret 11.37 no .01 Yam Gih 8.22 8.63 .12 Zwaldo funds is Gap 9.31 9.77 .01 Strat 10.32 10.92 .04 Zupp 9.81 10.38 .12 thud 10.17 10.32to flip 9.23 9.64 .01 no a no initial sales Load of a previous Day s quote r a redemption charge May apply x a extra dividend