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Show o BllSillCSS Theai)aily it- - A.4 Wholesale prices steady in February - WASHINGTON The efAP) fect of weather on energy supplies held wholesale prices unchanged in February, the government said today. The flatness of the Labor Department's Producer Price Index followed a hufc'e 1.8 percent jump in cent. However, economists do not expect anything approaching that for the entire year. Most anticipate prices will rise between 4 percent and 4.5 percent in 1990, slightly lower than the 1989 rate of 4.8 percent. milder-than-usu- Energy in February prices plunged 5 percent after soaring 13.6 percent in January. The effect of the weather showed up most strongly in fuel oil prices, which rocketed 25.3 percent in January and plummeted 30.2 percent in February. They were the biggest increase and decrease since the JanuaryA holiday - cold snap had caused record increases in energy prices and large food price rises, which had propelled the overall index to the largest increase in 15 years. Figures for the two months, taken together, represent an annualized wholesale inflation rate of 11.4 per department began tracking that Dow average are harvested. price in 1973. Gasoline prices fell 2.3 percent In otiier good news for grocery last month after rising 16.7 percent buyers, the wholesale price of eggs in January. Natural gas prices plunged 24 percent while dairy edged up 0.1 percent after jumping costs fell 2.7 percent. Both of those 3.2 percent in the previous month. categories had been increasing for Food pries in February rose 0.9 most of the previous year. percent, compared with January However, chicken prices shot up when they rose 2.1 percent, the 8.5 percent and fruit rose 8 percent. Prices excluding the volatile food biggest jump in six years. Vegetable prices last month shot and energy sectors rose a moderate up 23.3 percent, on top of the 58 0.4 percent in February after a percent rise in January. The holi- slight 0.1 percent rise in January. day freeze killed vegetable crops Economists often use this from Texas to Florida. However, core rate as a better indication of analysts expect vegetable costs to underlying inflationary pressures in subside this spring as new crops the economy. Industrial production up in February - WASHINGTON (AP) Industrial production, pulled down in January by a cutback in automobile output and utility use, bounced back 0.6 percent in February with the return of I autoworkers, the government said today. The Federal Reserve said February's advance followed a revised 1.0 percent drop in January's out- -' put and a 0.1 percent gain in December. January's output origi-- ; nally was reported to have fallen 1.2 percent. In a second report, the Fed said the operating rate of the nation's factories, mines and utilities which usually moves in tandem with industrial production rose 0.3 percentage point to 82.3 percent in February. The operating rate measures not only output but also changes in productivity levels. "The output of motor vehicles and parts increased sharply in February following the substantial cut in January, although the level of motor vehicle production in February was still more than 5 percent below its December level," the Fed said in its industrial production report. "Excluding motor vehicles and related industries, production was little changed," it added. Thousands of autoworkers returned to production lines in February after being laid off the previous month as the industry reduced bloated inventories. - 1.6 1.5 1.4 Hi 1.3 1.2 i JF MAMJJASOND 1989 0 Feb. '90 Jan. '90 Feb. '89 1990 1.48 Source. U.S. Dept. ot Commerce AP 1.4 Keystone Tax E Oppen Directors Oppen Special Oppen High Yield Non-durab- le - NEW YORK (AP) Friday's noon New Stock Ex- - selected change prices: Thank You Note for Making 1989 Our Greatest Jewelry Sales Year Ever! A 14K Gold n ill 1.7 Market Quotes: York i Seasonally adjusted annual rare, millions of units NEW YORK (AP) The stock market pushed ahead today in an upbeat "triple witching hour" on Wall Street. The Dow Jones average of 30 industrials rose 21.40 to 2,717.12 by noontime EST. Gainers outnumbered losers by about 9 to 5 in nationwide trading of New York Stock Exchange-liste-d issues, with 803 up, 461 down and 510 unchanged. Blue chip stocks attracted buy orders at the witching hour, marking the last trading in a set of options and futures on stock indexes used by professionals in computerized index arbitrage. The market's response was less clear, however, to word that the producer price of finished goods was unchanged in February after climbing 1.8 percent the month Industrial production at manufacturing plants making both durable and goods rose 0.7 percent in February after falling 0.7 percent a month earlier. Durable manufacturing was up percent after a 1.5 decline in manufacturJanuary. ing slipped 0.2 percent compared to a u. percent gain the previoi month. Housing Starts pushes ahead Stock Last Chg AMK 65 1' Albtsn '4 55'., Alcan s 22U 36' AldSgnl 4 Alcoa 66". ' Amax 25. 4 Amlles 48". 52a4 ACyan AKIPw 30- 4AHome 1014 '4 Amrtch 604 AIntOr 94' Anioco Anheus Armco Atlliich Atlas s Avon BakrHu BnkAin 1 11- Our Regular Low Prices On 2' 1 Nil 163 734 NtSemi l4 16'. Caterp 60H Chmpln Chevrn 2834 69 V. '21 18H v. CocaCl ColgP ColGas Comsat 72 ConEds Contels OData 26 DanaCp Deere Digital Disney DowCh s 34 723i 77 115 60' - 4 H v. 474 Nrwst s Nynex 59'? 38' 25 V, 46' l4 23l4 PopeTal PortGC 1'otltch 40'. IVimca 283 174.... ISvCol I'ugetP (juantum 204 56"-- v. 76v. ' l4 3m 20V4 SouthCo SwBell 26 553 Syntex 50l4 50'. 44'. 14 41 23V4 v. v. v. Tektrnx 13 63l4 Gannett 414 4 Teldyn s Tennco Texaco 68'. GTE GenCrp GnDvn GenEl GnMills GnMotr 12 37 6334 Transm 39 GMEs 28 TriCon 224 GaPac 46'. 52'. 40'. Trinova 71'1 47 Gillete Gdrich Goodyr 30 30 45 Greyh Halbtn HeclaM HewlPk Hmstke Honwell ITT Cp IdahoP 1NCO IBM i4 v. i4 Unisys 14' Ve 4514 20 1'4 87' v. 53- 427 27 108 IntPap JKiver K mart 68 14 1 504 24'. v. 35 34 36' 23 v. 314 14 34 vjTodSh UCarb UnElec UnPac 4 4 604 Texlnst Textron Timken 28l4 141 35 22 27 70 UAL Cp USX 37l4 Grace 4 V4 Dalt Denham Air EFI Corp. Environmental Serv. Ewine Oil (Key Waste) Four Nines Gold Galtech 29'. v. '. v v4 38 34 FrptMc American Consolidated ATNN Aimsco Baldwin Air Centurion Mines Champion Concepts Crested Corp. Crown Energy 14 21'. 55 47 4 14 v 16 UBrand 19 USWest Unocal s 30 72U1 V4 254 Varian WarnrL 10331' WUnion WstgE Weyerh Wolwth 6 743-- v. 26 55 9 ZenithE Asked .12 1.25 .87 .12 .37 .37 1.31 .03 .10 .06 .18 1.31 1.25 .25 .41 .75 1.44 .06 .20 .18 3.94 1.00 .15 .006 .10 .025 2.12 2.06 .44 .02 .06 1.50 .01 .91 .60 .02 1.87 .75 2.00 .31 .07 .10 2.94 .56 .08 .12 .04 .04 11.12 .81 .12 .12 '. 3.75 .75 .05 .001 .05 ,01 2.00 1.94 .25 .01 Goldpn Age Gold Standard Grand Valley Gas (new) Guild Mark Horn Silver Horizon Ens. Larsen Davis Lightning Bolt Merlin Mines Microshare fnew) North Hampton North Lily Pacific Nnrth Ampripan Prime Resources (PIDS) Pubcoa Ramex Rapholz Silver S.K. Technology (SKTC) Stansbury Mining Target Capital Triple Tuma Upland U.S. Energy U.S. Gold 62'. Xerox Bid V. HeyMtl Kockwl HoylD SCEcp SaftKln 48 34 FordM NOMINAL QUOTES 194.... TRW FIntste l4 65l'. 24 ("roctG s 36 4 26.20 11.89 13.47 14.92 17.57 Provided to The Daily Herald By Shearson Lehman Erothers An American Express Company ' 59'- .- H 62l4l' Pfizer PhelpD PhilMr s PhilPet Polaroid 18.86 8.86 6.37 27.58 12.52 14.18 15.71 18.49 8.42 6.05 Precious Metals v. Ask 17.92 High Yield Managed Muni 454 22l4 3 68 Pacifc s PanAm Penney 384 35'4 37'4 Growth Appreciation Fndmntl Value Global Managed Govt 4 843'4l ' '. 214 SFePCp SaraL s ScottP Sears SierPac 493i 38 SHEARSON GROUP Bid '. 8034 ItalsPur 4 664 13.38 16.30 17.54 11.25 16.85 10.61 4 CJuestar 2- 8-' 18". 13.38 16.30 17.54 11.25 16.85 10.61 Equity Growth Intl. Equity Intermdt Govt Tax Exempt High Inc. Bond .... ' 3534v, 7.97 Option Income -4 3- 716' 19". PepsiCo 35 Exxon FMC 68- PacTel lv. 35 Eaton Monies NCR PacEnt PacGE '4 664 34 14- 4- v. duPont s EKodak l4 28'- 4- v. 40 31 53 Dresr 62'. 274 91'. Chryslr 'v. 106 21l4 10.70 23.87 21.02 14.66 24.62 20.22 8.15 16.70 16.81 8.71 SHEARSON SPECIAL PORTFOLIOS Bid Ask '4 36' 6934 81 5834 253 46 54'2 69' Brnwk BurlNth CascN(i CastlCk 56 Olin OutbdM 25 ' 31' OcciPet 27' BritPt 41- 4- '. 16 BellAtl BellSo Boeing s BoiseC Borden s BrMvSq OFF 4 4'- 35l4 Beargs MDU MartM McDnl s McDnD McKes Merck MMM Mobil Monsan Nortrp 10 v. l4 l 106 16' 45 20 NnkSo 35 Pioneer Fund Pioneer II Putnam Voyager Templeton Grwth Templeton World Templeton Global l4 Imws LnStar Navistr 414 AT&T 734 354 Utton 10.70 21.84 19.23 13.67 22.53 18.50 7.68 15.28 15.38 Vascular International Willow Investments 1.25 .0025 .84 .40 .01 1.81 .37 1 .87 .18 .06 .03 2.81 .53 .02 .07 .03 .02 10.75 .75 .03 .08 Provided to The Daily Herald By OTC Stock Market IX)W JONES AVERAGES VOLUME 145,590,000 Industrials 2695.72 (7.88) Transportation 1148.12 S & S 4 NEW YORK (AP) -cNew York prices. Rates for trades of $1 P Index INX.Z 338.07 ( 1 18) P Index OEX 318.57 (1.24) hange, NEW YORK STOCK EXCHANGE Open Close Albertsons 54"s 54". American Stores Am. Exp. XL- - "WW JX ONE DAY ONLY, SATURDAY, MARCH 17! Its an Unprecedented Nationwide Sale. We're emptying the vaults from coast to coast and providing our valued customers with a truly golden opportunity. We can't help it. It's just our way! In stuck. No Avnet AT&T Boise Case. Commodore Int Eastman Kodak Gen. Tel. & Elec. Hercules Inc. Intl. Bus. Mach. Kansas Gas & Electric Fred Meyer Marriott" Merrill Lynch BEST MoMfCod IUUC4,ii Murray, 6000 Store Hours: S. St., PrOVO, 1400 Mon-F- ri 10am-9p- 226-424- 2; VvtAJ1 tlX Ogden, 4119 Riverdale Rd., v;MM I'KOIH .ilk ii i. p. 621-077- ( IS i.iu. - c t:...n in N.oih hi .it, i .ii- liiM 0; 0 State St., Riverside Plaza, Sat & Sun 10am-6pThe Provo Store is Closed Sunday. N. 373-090- it .i.i.i,,; Melius.. m. h. 'i jn, 38 'a 62 623'4 106va 35 ?e 107 38 21 2834 2234 McDonalds Ohio Edison 28 22ve 31Va 31V8 Occidental Pet. Pinnacle West (AZP) 194 19'8 27 '8 274 14'a 14l4 24 Shearson Lehman Hut. im.ihUim,, In. IV 39' 8H 84 16'4 Pac. Pwr. Works Wash. Water&Power VISA 39-- 16 Svntex Teleflex USX Not available through mail order. 5934 28 33 '4 41 v 20'a Pub. Svc. of Colo. Pub. Serv N. Mex Savin Bus. Mach. rain checks. I:clucles coin jewelry, items set with stones, and remount mountings 57 28 's 32 41 v, 24 ve 1234 13 64 1134 49'- 12 ' Thu. Australia Austria Brazil Britain fwd fwd fwd 30-d60-d90-d- Canada fwd fwd fwd y 60-dy Colombia Denmark ECU d Egypt 35v8 22'a 28"( 29 OVER THE COUNTER Bid Ask Apple Computer 364 3634 Duriron 188 19 First Security 32'4 324 3H 3H Iomega Novell 43 43'4 Sage Analytics 534 6 14 Vadey Nat Corp 14 Wicat 24 2 1116 Zions First NatT. 274 27i4 MUTUAL FUNDS Bid Am Cap Comstock 14.66 Am Cap Pace FD 23.85 Am Cap Venture 14.87 Eaton Vance Muni 9.40 Keystone B-- 4 4.91 B-- 2 Keystone 16.17 Fgn. currency in dollars llv. 22'8 Finland France Greece Hong Kong Indnsia Ireland Israel Italy Japan 30-d- y 60-d- y 90-d- y fwd fwd fwd Jordan Kuwait Ibanon Ask 16.02 25.31 15.78 9.40 4.91 16.17 mini-Doll- mum. 3 16 4934 31 35v8 31 Foreign Malaysia Nethrlnds N. Zealand Norway Pakistan .0002 .7575 .0832 .0282 .02672 1.6212 1.6122 1.6194 1.5953 .8471 .8437 .8406 .8372 .003523 .002188 .1526 .001713 1.1985 .3783 2476 .1731 .0061 .1280 0583 .000554 1.5525 .5102 .000792 Wed in fgn. currency Thu. Wed. .0002 5399.9 5399.9 .7625 1.3201 1.3147 .0829 12.03 12.06 .0283 35.52 35.56 .02672 37.422 37.422 1.6070 .6168 .6223 1.5979 .6203 .6258 1.5897 .6175 .6290 1.5807 .6284 .6326 .8518 1.1805 1.1740 .8483 1.1853 1.1788 .8453 1.1896 1.1830 .8422 1.1945 1.1874 .003523 283.87 283.87 .002188 457.00 457.00 .1524 6.5545 6.5620 .001713 583.50 583.50 1.1985 .8344 .8344 .3783 2.6433 2.6433 .2476 4.0390 4.0390 .1727 5.7780 5.7890 .006196 161.40 161.40 .1280 7.8110 7.8110 .0583 17.153 17.153 .000554 1803.98 1803.98 1.5540 .6441 .6335 .5102 1.9600 1.9G00 .000792 1263.20 1263.20 .006564.006557 152.35 152.50 .006568 .006563 152.25 152.38 .006573 .006568 152.14 152.26 .006578 .006574 152.02 152.12 1.5076 1.5076 .66330 66330 3.4483 3.4483 .29000 .29000 .01803 .01803 554.50 554.50 .3688 .3688 2.7118 2.7118 .WU:Sfi4 .000364 2747.93 2747.93 .5190 .5181 1.9288 1.9300 .5890 .5874 1.6978 1.7041 1511 .1512 6.6180 6.6150 0471 .0471 21.25 21.25 .000078 .000078 12804.1 12804.1 |
