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Show SHEARSON Quotes NEW YORK noon New York Stock Exchange selected prices: 24 75 251- LnStar LaPac 7 Stock Last Chg AMR 28 Albtsn s W 18H Alcan AldSgn! 54' Alcoa H 19 Amax 46 AmHes V H ACyan AElPw 27i 45 s AHome li Amrtch AlntGr s AT&T Amoco Anheus Armco AURich Atlas Avon BakrHu BnkAm Beamg BellAtl s BellSo Boeing s BoiseC Borden s BrMySq BntPt Brnwk BurlNth CascNG CastlCk 621 "4 54v 35 v i'ft 127 10 471 5m V4 43V 21 30H v - v 25"- 4- .. Caterp 394 Vi Chmpln Chevrn Chiquta 25 704 4 261... .. Chryslr W 4Wi 59 - 31V. 8' 19' 39 1V4 46 89' ft Flntste 39 17 32 35v 42 48 27 18 FordM 301'4 FrptMc GTE s Gannett 35V4 Vfe 26 31 v. 5 v Eaton Exxon FMC GenCrp GnDyn GenEl GnMills GnMotr GM E s GaPac Gillrte Gdrich Goodyr Grace GreyhD Halbtn HeclaM HewlPk Hmstke Honwell ITT Cp IdahoP INCO IBM 2 NflkSo 3- Nortrp 16 14 74 18 33 OcciPet V 161 15 21 Navistr Olm OutbdM Z7 49 27 v, v Pfaer 71 PhelpD 46 44 25 29 PhilMr PhilPet Polaroid 12' Potltch Primca 2- 15.. ReyMU Rockwl RoylD SCEcp SaftKln 54 23 79 37 32V- 4- 99' SouthCo SwBell Svntex Teldyn s Tennco Texaco 21 24 3- Unisys 8- 7' 1 ' 4- 1- v. 24' V4 10- 0- ' 23 20 16 9- TriCon Trinova UAL Cp USX UCarb 19 19V4 ' vjTodSh 18' 45 53' 2- 3- ' ' 3- - Vk ' 10- Vk ' ' 4- 4 36 12 USWsts Univar s Unocal s Varian WarnLs ' 2- 92- 7- ' 58 .. WUnion WstgE s Weyerh Wolwth s Xerox ZenithE 27 19.. .. 2- 43- 2- V4 4 Open Close DOW JONES AVERAGES VOLUME 182,140,000 Industrials 2365.10 (42.82) Transportation 823.96 S & S & P Index P Index 500 295.46 100 280.12 Open Close Albertsons American Stores Am. Exp. Avnet AT&T Boise Case. 295e 45 'e 19 22 28 44 ve 311 31 184 21 22 Commodore Int Eastman Kodak Geneva Steel Gen. Tel. & Elec. Hercules Inc. Intl. Bus. Mach. Knss Gas & Electric Fred Meyer Marriott Merrill Lynch 21 6 35 10M- - 26 26 10334 6 34 9 26 26 'A 101 24 241 124 12 10v8 84 173,4 16 McDonalds Ohio Edison 26 16L4 25 16v8 Occidental Pet. Pinnacle West (AZP) 183'4 18'2 Pub. Svc. of Colo. Pub. Serv N. Mex 20 8 9i 94 20 84 25 Smith's Food&Drug Savin Bus. Mach. Svntex 52 254 204 30 20 27 27 31 Pac. Pwr. Works Wash. Water&Power 24 51 25 Teleflex USX OVER THE COUNTER Apple Computer Duriron First Security Iomega Larson-Davi- s Novell Rky Mtn. Helcptr Sage Analytics Valley Nat Corp Wicat Zions First Nat'l. Bid Ask 274 27 144 14 22l' 22 4 44 1M 716 19 18 6 6 l'a 1 8 9'a 2 1116 25 2 25 MUTUAL FUNDS Bid Am Cap Comstock Am Cap Pace FD Am Cap Venture Eaton Vance Muni Kevstone B4 Keystone B-- 2 Keystone Tax E Oppen Directors Oppen Special Oppen High Y. Pioneer Fund Pioneer II Putnam Voyager Templeton Grwth Templeton World Templeton Global SHEARSON Growth Appreciation Fndmntl Value Global Managed Govt High Yield Managed Muni Precious Metals Ask 13.60 14.86 10.65 11.30 12.61 13.38 9.09 9.09 4.15 4.15 14.72 14.72 10.42 10.42 20.51 22.42 16.28 17.79 12.48 13.33 1.970 20.73 15.13 16.54 6.43 6.82 12.88 14.08 12.11 13.23 5.91 6.46 GROUP Bid NEW YORK (AP) - The stock market staged a rally today, rebounding from the slide of the past points from Tuesday 30 158 through by Thursday, rose 35.89 to noontime on Wall Street. Gainers outnumbered losers by about 7 to 5 in nationwide trading of New York Stock Exchange-liste- d issues, with 775 up, 566 down and 482 unchanged. Analysts said stocks appeared to American Consolidated ATSN .16 .185 IS Ul JO . a Centurion Maes Crested Corp. Crow Energy UlCorp. Environmental Sen. H 16 3.i2 .K 136 3.44 3J0 1.25 144 LigbmineBdt .60S .013 31 Prime Resources Ramex .to . .18 Microstore (new) North Hampton North Lily Ul 1.M 1.11 Merlin Mining .65 IS GokJenAge Gold Standard . Grand Valky Gas (new) Guild Mark Larsen Davis .11 inlt) 39 .005 .02 1.31 1.37 1.50 1.87 .055 .365 that the wholesale price index be experiencing a technical rally, aided by a modest downturn in interest rates. In addition, oil prices dropped bond-mark- that chances amid conjecture of finished goods jumped 1.6 percent in September, propelled by surging energy prices. Negative news had been widely anticipated from the index, which provides a measure of inflationary pressures in the distribution pipelines of the economy. Still, brokers said, the figure served as a damper on whatever hopes existed for a relaxation of the Federal Reserve's credit policy any time soon. Chemical Banking fell w to 12Vs loss Thursday, on top of a et might be improving for some break in the stalemate with Iraq in Ku- wait But brokers also said the economic and financial news offered little evidence of lasting relief from the recession worries that have plagued the market for several months. The Labor Department reported Witnesses can't link Milken to scheming with Boesky 14-poi- ni lation of Wickes Co. stock. NEW YORK (AP) The government's first two witnesses against Michael Milken couldn't directly link the former junk bond financier to scheming with Ivan Boesky to manipulate a stock. The witnesses took the stand Thursday at a hearing on allegations made by prosecutors in a memo in which they urge a stiff sentence for Milken. Milken is not on trial; rather, the former Drexel Burnham Lambert Inc. financier is being given a chance to dispute the allegations before he is sentenced. Prosecutors have picked three The government alleges that Milken directed Boesky's company to buy large blocks of stock in Wickes Cos., a Drexel client, in 1986 to drive up its price. U.S. District Judge Kimba Wood asked Maultasch whether he had "any reason to believe that Milken was involved in the decision to get the Boesky organization to buy Wickes stock." The witness replied, "No factual basis." 44, pleaded guilty in to six conspiracy and fraud April charges and agreed to pay $600 million rather than face trial on a indictment He could get up to 28 years in prison. The government Is trying to show that Milken manipulated the securities markets for his personal benefit. The defense contends his crimes were cases of going too far to help clients. Milken, transactions they claim demonstrate that Milken routinely took nt advantage of clients and rigged the markets for his own gain. Under questioning Thursday from prosecutors and defense lawyers, former Drexel trader Cary. Maultasch and former Boesky trader Michael Davidoff could not link Milken to the alleged 1986 manipu Sorenson opens new company LAKE SALT ames CITY L. Sorenson, who (AP) -Jamassed Utah's largest fortune pioneering medical device research and technology, is opening a new SOREX Medical company. Ceremonies were slated today at comthe firm's plex at the International Center. The company, which specializes in developing custom kits of surgi- cal utensils for operations and 14 26 6- Asked Bid . 50,000-square-fo- ot V4 51 35 14 13 43 58 Tektrnx UnElec UnPac 4 - Vt Transrn V4 V4 26 32 22 18 25 Texlnst Textron Timken Va V4 12' SFePCp SaraL s ScottP Sears SierPac V4 I8V4 72 ' 393i 9 36 1 26' v4 21 PugetP Quanta Questar RalsPur 8OV4IV. 4- . 5- 18 73 ProctG s PSvCol Mt 4- - PopeTa! PortGC 22 51 30 I6V- ' ' ' 1 38 raw 35 31 V 41' 21' 22 V4 29' H H 34'.. .. PepsiC s V4 51 6'- 22 11.26 three sessions. The Dow Jones average of industrials, down more than Vi ii PacEnt PacGE PacTel Pacifc s PanAm Penney 'A 24 IntPap JRiver 5- 6- W 40'4 Norwst Nynex "4 234 57 82 7 74 18 50 12 3" N0MKAL QUOTES m .6025 Market rebounds in early trading 48' 31 76 Nil 31S l 39 26 NtSemi 1714 26V4.. CocaCl s ColgP ColGas Comsat ConEd Contel CtData DanaCp Deere Digital Disney DowCh Dresr s duPont s EKodak MDU MartM McDonl McDnD McKes Merck MMM ' Mobil Monsan s MonPw 1 NCR 59 W 21' 2- 0- 11.26 12.56 12.56 Equity Growth 16.29 16.29 Intl. Equity 11.11 11.11 Intermdt Govt 16.14 16.14 Tax Exempt 9.52 9.52 High Inc. Bond Provided to The Daily Herald By Shearses LehznsB Huttos An American Express Company 4- 81 Fosr Nine's Gsltech SPECIAL PORTFOLIOS Bid Ask Option Income K mart Litton Lockhd Loews 1Sl3 OiWVylVO The Daily Herald, Provo, Utah XgTi' Ask 14.44 15.20 7.95 8.37 5.22 5.49 24.29 25.57 11.79 12.41 11.99 12.62 14.46 15.22 14.87 15.65 medical procedures, began its mercial fife earlier in the week and already has about 60 clients on line throughout the United States. "This has been a 20 to 25 percent growth industry," Sorenson said of the custom-k- it business. "We will have the largest business of this kind between the West Coast and Chicago," said John Davison, vice president and general manager of operations. The company's employment of 27 is projected by Sorenson to reach 150 employees by early 1991. "When I founded Sorenson Research in 1972, we started out with a building. By the time I sold it, we had a building and 2,000 employees," he said. "SOREX Medical will continue a tradition of innovation that began in the 1950s when my father helped found his first medical company," said trie founder's son, Joseph T. Sorenson, president of SOREX. Davison said the company expects to easily sell $30 million worth of kits in its first year. Besides the custom-k- it business, SOREX Medical expects to become a primary center for the sterilization of medical supplies. The plant contains eight sterilization chambers that can hold six pallets of medical supplies at a time. SOREX uses a procedure that is the company said. com- Mull U lilt IrLblWlHiffljiu Lost two pb, WU and Salunfsy, Qdober days-fa'd- oy ill II LT"j'! o 12-- 13 2 1. ot 400,000-square-fo- ot ' I VGA graphics controller, serial and parallel ports, ,39 VGAcolor d dot matrix monitor and printer. PCS286140 DSP2814C DM100SPR. Bonus software package included. Home Office RAM, 16-b- it Brother' word processor high-spee- Olivetti computer system k. Reg. 2499.99 12 MHz 80286 microprocessor, 40MB hard drive, 1MB :; B, Beg. 449.99 LCD display, 3.5" 240KB floppy disk drive, 70,000 word dictionary, correction with wordline punctuation alert, lift-o- out and more. WP760D Court says sell resort - A SALT LAKE CITY (AP) reorganization plan for Brian Head Enterprises has been approved by U.S. Bankruptcy Court and the trustee has been directed to sell the beleaguered southern Utah resort. Trustee Rene' L. Meyer has until May 31, 1991 to sell the resort. Brian Head sought protection under Chapter 11 of the U.S. Bankruptcy Codes on Nov. 6, 1986, declaring debts totalling more than $20 million on assets of about $10 million, said company controller Darren Hatch. The resort, located east of Cedar City about 250 miles south of Salt Lake City, has continued to operate but has suffered the past couple of years because of poor snow conditions, he said. Hatch said he believes weather conditions are ripe for a productive season. Regardless, he said negotiations are continuing with "several" prospective buyers and believes Meyer will finalize a sale around May 1. Under the reorganization plan, the major secured creditors have been named resort shareholders. If the sale does not come through, they will be allowed to exercise their rights as shareholders beginning May 31, including the election of a new board of directors. Dollar, gold weaker - The dollar feU in European trading this morning on continuing disenchantment with the progress of U.S. budget talks and anticipation of lower U.S. interest rates. Dealers said the dollar was still getting some support on the possibility of war in the Persian Gulf. "Overall, the dollar looks very', very weak," said a dealer for a U.S. bank in Frankfurt. "What's supporting it now is the Persian Gulf situation, because no one wants to get caught short." London's major bullion dealers fixed a recommended gold price of $388.30 per ounce at midmorning, from $389.75 bid per ounce late Thursday. LONDON (AP) SfeS X microprocessor, 124MB hard drive, 3.5" 1.4MB and 5.25" 1.2MB floppy disk drives, 1MB RAM, VGA color monitor. Citizen near letter quality color printer and much more; bonus software pacKage included. $2599 Packard Bell' Legend 386SX computer with printer C. Reg. $3199 16 MHz 80386SX "USE OUR EXTRAS PLAN THROUGH OCTOBER 1 1 c Brother word processing typewriter 249.99 56,000 word dictionary, display and 6,000 character memory with full word processing features. D. Reg. LCD 13 IN mTwnum purchase There will be no payments due or finance charge assessed on this merchandise until February 1991. Atte'a regular option occount terms apply. (Minimum HOME OFFICE: S 100 payments of 10 of the balance will be Cue each month and a monthly finance charge of 1 5C of tne Average Do'ly Balance will be assessed This corresponds to an Annuo! Percentage Rate of 15: ! All purchases are subiect to credi'approva1 and all accounts must be in good standing RETURN - wo No sale is ever final at ZCMI! If you're i rot completely satisfied with your purchase, bring it back for exchange or a full refund How's that for satisfaction'' 1 vA 222 I " $49 $169 AJ&r Big Button telephone Panasonic' cordless phone with answering system Reg. 69.99 Extra large buttons for easy reading and fast, accurate dialing. Last number redial, tonepulse and more. BBT $39 Reg. 49.99 AT&T Trimline phone E. F. remote switching, soeed dialing; base unit has answering machine and more. Reg. 199.99 KXT4200. !Z SHOP MONDAY THROUGH SATURDAY ORDER BY PHONE: WITH fr YOUR ZCMI CHARGE CJVt 10-- 9; SAU LAKE DOWNTOWN, ACCOUNT. SALT LAKE, 321-646- 6; I OODEN AND ZCMI UTAH II SATURDAY AND THE UNITED STATES, 10-- 7 1 |