European Stars and Stripes (Newspaper) - April 24, 1994, Darmstadt, Hesse Page 20 the stars and stripes Money matters sunday april 24.1994 shown below Are the highest Dollar Exchange rates for the week of april 18 22 compared with Dollar fates for the same period one year and five years ago. German Mark one Dollar would buy you 1.67 1994lamhmm military Exchange rate British Pound one Pound would Cost you 1.51 1.57 171 belgian franc one Dollar would buy you of 39-0035.24 33.00 1994 dutch Guilder one Dollar would buy you 1.92 1.79 2 09 1994 i 1993 i Mph mid i 1989 French franc one Dollar would buy you 5.85 5.41 6.31 1993 greek drachma one Dollar would buy you 244.64 158.40 1993 italian lira 1989 one Dollar would buy you 1,634 1,534 1,368 1994 1989 Spanish peseta one Dollar would buy you 139.38 116.48 1994 turkish lira one Dollar would buy you 35,000 1994 9,630 1993 i 2,060 1989 rebound in Stock Market leaves investors puzzled 1 Fri a inner York a slam Dunk or fake out Stock investors were trying to determine which one they were seeing this past week As the Market staged what could be the beginning of a sustained rebound. But traders and analysts still paint a picture of an unusually confusing an treacherous Market so perplexing that some won t even venture a guess about Wall Street s future direction. Your guess is As Good As mine said Bill Allyn director of equity trading at Jeff i ies & go. Some analysts said thursday s 53-Point Rise in the Dow Jones Industrial average signalled the end of a painful correction that started in Early february and lopped More than 9 percent off the Blue Chip Index. Others said the Bear Market was just taking a breather. On thursday the Dow recouped just a fraction of the 379-Point slide that began in Early february when the Federal re serve began a Campaign to fight inflation aggressively by raising Short term interest rates. On monday the fed tightened for the third time sending the Dow Down 41 Points. V. But thursday Bond prices shot tip in Terest rates fell and equity investors went on a buying spree giving analysts some Hope that the downdrafts May have ended. The Market treated water Friday. The Dow eased 3.86 Points to close at 3,648.68, paring its loss for the week to 12.79. Despite the anaemic performance at week s end there was enough stability to Dow Jones new York up do Jones closing Range of averages Friday High Low close change 30 industrials 3690.32 3621.01 3648.68 off 3.86 20 transport. 1606.94 1574.05 1595.02 up 11.48 15 utilities .202,87 197,54 199.25 off 1.9165 stocks 1306.78 1280.20 1292.49 up 0.58 new York Exchange new York lift the 15 most Active stocks in new York Stock Exchange composite trading Friday. Stock Tel Fonos de my. Ism corp corp Motorola incr or Nabisco hid Chase Manhattan Merck & co inc Chrysler corp Amer express go Ford motor comes inc Paugas elec Wal Mart stores sales 5,943,400 5,660,500 5,651,600 4,862,800 3,748,600 3,224,200 2.956,2002,820,200 2,804,200 2,706.400 2,606,400 2,470,2002.400,000 2,142,300 2.130.300 last57v4 58% 32 2% 46,6% 33v431 55%6 27v425% off 1%off 2% off in Phi off up i uov4 off off unch offv4off 1v offv4 american Exchange new York up the 10 most Active stocks in american Stock Exchange composite trading Friday. Stock Cheyenne softer Energy service. Expo rate co la Amdahl corp Texas Meridian Echo Bay mines Michael a Jewler Bat industries Tva corp Riuo Blocher sales 1,066,000 1,266,300. 1.000,900 808,100 526,000 499,900 480.800 392,500 370,100 245,000 last 26v4 3% net chg. Up ofm-18 a up 1-16 7% 12 10 /4 5 13v� 25v4 11v. Up % up1v4 unch up it Folva up i u give Confidence to the Market bulls. They reason that prices have been battered so Low that bargain Hunters should begin buying in Earnest and help lift stocks. James Solloway research director at Argus research corp., said investors should have the Confidence to buy be cause the Economy and corporate earn Ings Are Strong enough to weather therise in interest rates. We really won t have to worry about a major slowdown until at least the Middle of 95, if not after that Solloway said. I would t Rule out another testing of the lows but i think the worst is certainly past in this Charles i. Clough chief investment strategist at Merrill Lynch disagrees. Stocks snapped Back on thursday be cause we got awfully awfully Industrial stocks have been under per forming utilities and financial stocks for several weeks a sign that manufacturers the workhorses of the Economy Are not on solid enough footing to produce Strong profits past the first or second Quarter Clough said. This is u Stock Market discounting a slower Economy in the second half of the year Clough said. What that Means is earnings Are in trouble Short term the Merrill strategist continued stocks could have a Good rally if the Bond Market behaves and does t Send interest rates sharply higher mediator to a id dead locked teamster to i is Washington a a Federal mediator will step in to try to move negotiations in a nationwide trucking and management both agreed to accept mediation after their talks failed to make Progress labor Secretary Robert b. Reich and transportation Secretary Federico Pena asked for the two sides to work with a mediator in letters to teamsters Union president Ron Carey and Arthur h. Bunte jr., president of trucking manage ment inc., which represents the 22 truck ing companies. A teamsters spokeswoman said Carey had agreed to the request. We Are awaiting Tim s reply and Are ready to begin tomorrow morning if Tim agrees spokeswoman Nancy Stella said .Friday.-. Tim Board of directors also agreed to work with the mediator. About 70,000 teamsters truck Drivers and Dock workers struck the carriers on april 6 dispute mainly Over the ship pers use of trains and their hiring of part time workers. Both sides returned to the bargaining table monday and continued talks throughout the week but Stella said no agreement had been reached on any of the major issues. We re not in Accord on wages or benefits either at this Point she added. Mutual is new York a the follow ing quotations from the National association of securities dealers,inc., Are the prices at which these securities could have been sold net asset value or bought value plus sales charge Friday. Sell buy chg. Aal Mutual Bonds 9.74 10.23 ,q1cagrp 14.47 15.19 .04 my Bop 10.58 11.11smcosj 10.10 10.60 .09 us 9.98 10.48aarphiwi Bals a 14.32 no .02cagr 30.09 no .21 go Nam 15.07 no .02glhlnc 31.98 no .11 he by 15.60 17.32 no .01 13.75 14,44 .25 Alhi 10.09 10.59 .01fltf 10.79 11.33 .01 Goth lip 10.09 10.59 .02utlllnp 11.72 12.30 .10 Al Goa. 9.63 no .03aha funds Balan 11.88 no .01full 9.69 no urn 10.16 nomm funds adj Gap 9.69 9.79 .01agrsvp 24.46 25.88 .19 Balas 15.24 16.00 .04chart p 8.67 9.17 .02 Conslo 16.88 17,86 .13goscp 9.48 9.95 .02 or that 10.69 10.69 .05grthp 10.73 11.35 .05 Hodap 9.59 1007 by wet 9.58 9.58 01 i cop 7.69 807 .03indep 12.67 13.41 .12 Lymm p 9.96 10.06 .01mubp 8.13 854 Sumret 8.27 .06 the cup 10.69 11.22 .01tfint 10.62 10.73 .02 Valuet value Wei g Pam funds Ark funds caper Grinc ,. Income a Mfd 13.13 13.89 .11 13.13 13.13 .11 20.72 20.72 .09 20,75 21.96 .09 16.62 17.59 .08 9.90 no .01 9.51 no .01 10.60 no .01 10.56 no .01 10.00 no .08 10.06 no .05 9.68 no 9.64 no .01 accessory funds in toxin Acoma Nacoff. Ads Ca pad Cal p adv ret pad Vest Adval hym Wincop Mubin Spicl Aetna funds Aetna Slang Bon growth so Cor alg a funds growth Linngr r t All Lanci Cap Allan p bal an a balt Bondad Cost Van 11.71 no 1i85 no .01 11,96 no .01 15.70 15.70 .10 12.96 12.96 .09 20.59 21.23 .02 10.08 no .01 9.83 no .02 9.20 9.20 .01 16.15 16,15 .09 8.93 8.93 .01 12.38 12.38 9.29 9.29 19.79 19.79 .12 10.51 no .03 8.48 no .10 9.89 no .01 10.15 10.15 10.71 no .03 11.24 no .07 10.02 10.02 .05 19.84 19.84 .05 11.40 11,40 .08 11.72 11.72 .10 2097 20.97 .15 6.41 6.69 .02 1334 13.93 14.07 14.07 .08 12.80 13.37 .07 10.50 10.50 up Bop up Bop count p Glosap go tap gov top gov top a Floc p go the it hip girl Nib i map i numb in Sec p Intia p or Gap or Tab p met Gap mtg tap mag top mtg top Iii go my tent Mesa p my set Mcamp Mcamp Mcamp a flip Mica a minicab Minbu Moho p Mun by in yep Mnych Numa p Smuc p Nerup naga Nagby Nagac put Hap pm the p Yusra p St Mia p 12.80 12.80 16.51 11.16 8.03 8.02 8.02 2.29 19.95 23.50 19.95 2.28 11.59 9.58 9.59 9.58 17.96 8.62 8.62 8.62 9.74 9.74 9.74 9.82 1.84 8.43 8.43 9.95 9.95 9.95 12.80 12.80 17.24 11.668.39 8.02 8.02 2.39 19.95 24.54 19.95 2.39 11.59 10.01 9.59 9.58 18.76 9.00 8.62 8.62 10.17 9.74 9.74 9.82 1.84 8.80 8.43 10.39 9.95 9.9.5 9.16 9.16 12.59 13.15 12.59 12.59 9.90 9.27 9.27 9.27 9.27 9.28 9.28 9.90 9.90 12.46 8.85 8.b5 8.84 11.30 11.22 21.99 fl.94 9.90 9.27 9.27 9.27 9.68 9.28 928 10.34 9.90 13.01 924 8.85 8.84 11.80 11.22 22.97 9.34 .08 .08 .03 .08 .01 .02 .02 .01 .13 .16 .14 .01 .02 .14 .03 .03 .02 .02 .02 .01 .01 .01 .03 .02 .02 .01 .01 .01 .09 .01 .01 .02 .01 .01 .26 .01 Stribl 8.94 8.94 .01techp 25.90 27.05 .02 Widen a 1.87 1.87amsbuth funds Balanc 11.53 12.07 .01 Bond 10.64 10.97 .02 equity 14.25 14.92 .03 Gutin 9.53 9.82ltdmat 10.28 10.60 .01 Regex 16.53 17.31 .07amanalnc 12.52 no .01 ambassador fid bal cd. 971 no .03 Bond 9.52 no corer 15.82 no .13 growth 12.74 no .03idxstk 11.52 no .03 in Flond 9.55 no .01tatlsttc 12.81 no .13 scour 13.35 no .10ambassador inv Bond 9.52 no corer 15.81 no .12grwth 12.73 no .03 Intond 9.55 no .01wstk 12.80 no .13 scour 13.34 no .10ttintbd 10.22 no ambassador it a Bondt 9.52 9.89 cores 15.81 16.43 .12grwth. 12.73 13.23 .03 in Ted 9.55 9.92 .01inflstk 12.80 13.30 .13 scour 13.34 13.86 .10tfintflt 10.22 10.62 am Ort Vintage equity 10.05 10.50 .02 fax Loco x 980 10.18 .05imlf x 9.89 10.28 .02 Amir Advant Balan 11.97 no equity .13-43 of l .01 in Leq 1203 no .08udtf 9.84 no .01 Amer capital a slap 1564 16.59 .02cmsibp 1564 15.64 .02 cab dip 678 6.78 .01cpsdap 678 7.12 .01 mgr Cenap egg Pentax Euln Cut of map Glemb Phi Gap gig by Gigic a Gosca p. p gvt97pgvtia p Gutib p a tic per inc p Harba Pharby p Hiyi Dap Pace Bateha p mip 24.08 24.24 23.79 11.83 11.76 5.28 5.28 5.28 24.08 25.72 23.79 12.55 11.76 5.60 5.28 5.28 105.94 12.16 12.17 11.61 11.42 8.46 8.50 8.44 10.14 10.15 10.14 13.10 8.45 8.45 8.45 12.30 13.94 13.88 631 6.32 9.99 998 11.21 11.14 1078 10.77 11.0911 no to map 9.79utila p 8.85 american Funru a Alp Arnopp Ftp Ipp Cap we gov tag trip 12.04 12.20 21.11 13.44 32.32 15.51 17.54 21.98 17.55 1344 25.57 12.44 12.17 12.32 no 8.88 no no 10.65 10.15 10.14 13,51 8.87 8.45 8.45 13.05 1479 13.88 6.62 6.32 10.49 998 11189 11.14 1132 10.77 11.64 11 09 10.28 9.29 12.77 12.94 22.40 14.11 34.29 16.28 16.61 23.32 18.62 14 11 2/13 .21 .22 .21 .03 .03 .01 .01 .02 .01 .01 .07 .06 .02 .02 -02 .01 .01 .01 .02 .02 .02 .02 .04 .03 .02 .01 .03 .02 .01 .01 .04 .03 .03 .08 .01 .09 .08 .12 .26 .04 0? .10 he Trinco p in Ted Pica p Nerp. A map it exp Recap temp Teva Pushp a 14.1213.52 13.5418.10 14.0028.78 14.9222.44 11.6215.27 14.9615.45 17.089.31 1.21 14.82 .0314.34 .01 14.22 .0119.20 .02 14.70 .0230.54 .19 15.83 .10 23.81 .1212.20 .02 16.03 .0215 71 .02 16.22 .0118.12 .11 9.88 .02 no .03amer Natl funds a Shinco Tref Legapi grip am perform Bond -. Agulla funds Azof c07fhitf Katf Narf Ortt fut Aquinas fund balance Arch funds bal mgr Govch Grolnic Mott Aoa tap 4.1120.84 15.0812.15 9.41 11.2810.32 21.177.32 11.6919.59 10.2710.20 11.2010.36 9.5310.36 9.41 9.499.41 9.63 9.7511.14 10.07 12.6911.10 10.49 8.30 10.76 4.36 .0122.11 .03 16.00 .01 no .13 9.80 .01 11,75 .0510.64 no 527.55 .07 no .0119.59 .11 10.7010.63 11.6710.79 9.9310.79 9.80 no .01nl d4 no 10.21 .0311.66 .06 10.5413.29 .07 11.6210.98 no .0211.18 Mutual p. 21 a
