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Publication: European Stars and Stripes Sunday, February 3, 1991

You are currently viewing page 22 of: European Stars and Stripes Sunday, February 3, 1991

    European Stars and Stripes (Newspaper) - February 03, 1991, Darmstadt, Hesse                                Sunday february 3, 1991 the stars and stripes Vage 21market shows Sharp weekly gain new York up a stocks gained sharply last week boosted by optimism about the Progress of the Mideast War the Outlook for the Economy and finally by an interest rate Cut at weeks end. The Dow Jones Industrial average lost 5.70 Friday to end the week at 2730.69. It jumped 71.28 for the week or about 2.68 percent. Among broader Market indexes Standard amp poor a 500-Stock Index Rose 6.98 to finish the week at 343.05 and the new York Stock Exchange composite Index gained 4.02 to end the week at 187.40. Advances pounded declines 1,507-453 among the 2,176 nose issues traded last week. Weekly big Board volume totalled 966,924,020 shares compared with 893,378,431 a week earlier and 845,526,810 shares a year ago. On the trading floor last week Mcdonald a was the most Active Issue up a a to 28%. Ism followed up 4 a to 126%. Southern was third off % to 26%. Among the other Blue chips at amp to gained it a to 311/general electric jumped 4% to 64 and Philip Morris added 2 to 56%. On the american Stock Exchange  Market value Index jumped 10.48 to close Friday at 319.03. Advances led declines 611-238 among the 817 issues traded. Macx volume totalled 67,446,275 shares compared with 52,544,600 traded a week earlier and 69,888,835 traded in the same week a year ago.  industries led the Macx actives up 1% to 12%. The National association of securities dealers composite Index surged 23.41 to end the week at 417.69. Scam May be linked to Plo by the los Angeles times new York a three men arrested at a Midtown Manhattan restaurant for allegedly trying to sell $35 million in phony indonesian government Bonds have ties to a Middle Eastern businessman who deals in arms for the Palestine liberation organization authorities said Friday. A a. Manhattan District attorney Robert m. Morgenthau said the three men Are believed to be part of a scheme masterminded by Hassan Zubaidi a palestinian who reportedly lives in Syria. Zubaidi who supplies arms and raises Money for Plo terrorists is wanted by the German and British governments in connection with other fraudulent financial schemes Morgenthau said. The three men were arrested w Hen they attempted to sell the fraudulent Bonds to an undercover new York City detective in a sting operation mounted by state and local authorities the District attorney said. The men were identified As Roberto Esposito 32, of por Denone Italy Antonio Palmieri 44, of Naples Italy and Alexander ambrogio 44, of Apple Valley Minn. They a being held until their arraignment on felony charges of attempted first degree grand larceny . They each face a maximum of 15 years in prison if convicted. Esposito was tried in Manchester England in 1987 on charges involving the Sale of phony indonesian notes lie was acquitted of those charges however after the court ruled the prosecution had failed to prove he knew beforehand that the notes were worthless Morgenthau . A a a a Mutual funds from Page 20 Neuberger Barm Genos 5.38 no 07 guard 38.93 no .16 Htmat 10.07 no. 04. Manet. 9.79 no. Map in 9.84 no .01 partner v 16.77 no .01 select 17.90 no .04 Newall 25.69 27.23 .15. Nowc Nelp 10.25 no 06 new England ads a Blanp 8 70 9.30 01 by inc p 11.22 11.75 .08 glob up 12.61 13.20 .04 go sep 11.41 11.95 .08 go the 9.39 10,04 .02. Re temp 5 97 6.39 .01 i exp 7.23 7.57 02. Rymun p a. 1,05 1.05. New tit 22.01 no. Newton 8.29 no.05 Nicholas group Kich a a 38.05. No 30 a a cell 19 25 no .14 a no ill a 3.03 no .01 a a cell 12.79 no .08. Node tvs. 6 65. No. Neon Var 23.94 23 94 .12. Neon Var a 8.08 8 08 a. A. 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