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Show 86424 124 4 4V4 NCR ND NtSemi Navistr Quotes 4- 0- NEW YORK Wed.'s noon New York Stock - Exchange selected prices: Slock Last dig AMR Albtsn Alcan AidSgnl Alcoa Amax AmHes ACyan AElPw AHome Amrtch V J4 4- 514 404 v . 4 4 127 4 4 4 84 284 274 254 4 4 4 4 4 18' 54- 454 -- BellAtl BellSo Boeing BoiseC Borden BrMySq 45V4 24- 4- '- 4 66- BritPt 77- 4- Brnwk BurlNth CascNG CasUCk 84 4 94 26 4341 PSvCol 36 vB 37- 4- 4 PugetP GreyhD Halbtn HeclaM 234 4- 6- Hewllk Hmstke 32414 Honwell ITT Cp 93414 47- 4- 4 27 4 254 4 114- 4- 4 48- 4- 4 23- 4- 4 l'it 14 264 534 5044 14V4 174 284 84 234 214 4 4 4 4 4 124 374 100 514 ReyMU Rockwl Roy ID SCEcp 274 -4 394 4 78 SaftirV 39i 4 4 4 4 1744 1014 31V V 154 Unisys USWst v 4 344 214 UnElec UnPac 23V. .. Questar RalsPur 4 4 4 4 4 4 4 4 4 244 44 4 TriCon Trinova UAL Cp USX UCarb 26 234 4 454 584 344 244 Transm 79414 4 174 Timken vjTodSh 4 V, 14 Texlnst Textron 42 Quanta 1 16 ' 29v 68 3 v 374 4 Univar 10 Unocal Varian WarnL WUnion WstgE Weyerh Wolwth Xerox ZenithE 27 31 4 2fm-i- - 4 4 694 274 2C4 2- 9- 4 4 35 t 64 4 4 314 9444 54 4 29 434 14 31 4 85 824 584 464 194 4 4 4 4 4 33 52 20 29 314 14 113 27 12 12V4 19 wv 174 21 IW 224 14Vi 113 27 124 122 19 29 17 21 11 22 8V2 28 Vi 284 564 S64 60 284 31 Pac. Pwr. Works Wash. Water&Power 21 Vi 294 Putnam Voyager Templeton Grwth Templeton World Templeton Global 6.07 6.63 SHEARSON SPECIAL PORTFOLIOS Bid Ask 12.20 12.20 Option Income Equity Growth IntL Equity Intermdt Govt Tax Exempt High Inc. Bond - 13.89 17.01 11.42 16.83 13.89 17.01 8.91 8.91 11.42 16.83 28 31 21 29 Bid Ask Growth Appreciation Fndmntl Value Global Managed Govt High Yield Managed Muni Precious Metals 16.41 17.27 8.48 5.51 24.53 12.10 11.20 14.95 13.03 8.93 5.80 25.82 12.74 11.79 15.74 13.72 Bid Duriron First Security Iomega Larson-Dav- 316 33 Sage Analytics Valley Nat Corp Wicat 1 334 NOMINAL QUOTES 1 11 2 9162 16 28 First Natl 294 104 104 American Consolidated .15 .17 ATNN .62 .75 .66 .72 .50 .62 Centurion Mines Crested Corp. Crown Energy Bid Ask 14.52 11.38 14.61 9.25 3.57 14.87 10.77 20.54 18.43 12.07 20.02 15.95 15.87 12.07 15.50 9.25 3.57 14.87 10.77 22.45 20.14 Asked Bid 114 11 The stock up 60.89 points from industrials, last Thursday through Tuesday's close, rose another 3.72 to 2,583.42. by noon today on Wall Street. Gainers outnumbered losers by almost 3 to 2 in nationwide trading of New York Stock Exchange-liste- d issues, with 789 up, 544 down and 515 unchanged. Oil pipeline under review - A federal-s(AP) task force will review corrosion and maintenance problems on the Alaska oil pipeline in an effort to deter what one official calls a "potential disaster." The Transportation Department said Tuesday the task force will assess operation, maintenance and safety of the steel pipeline, which snakes from Prudhoe Bay to the marine terminal at Valdez and carries a quarter of the nation's domestically produced crude oiL The panel also will review environmental protection and emergency response procedures. The formation of the task force was announced by Travis P. head of the department's Research and Special Programs Administration. En Corp. Environmental Serv. Four Nine's Galtecn 2.56 2.75 .0050 .10 - Standard Grand Valley Gas (new) Gold Guild Mark larsen .14 3.0C .0025 Ac Goiden .11 2.75 Davis lightning Bolt Merlin Mining .025 1.68 1.75 4.94 5.06 .03 .06 1.25 .005 1.37 .0125 .18 .25 to The Daily Herald By Wflsoa Davis and Co. (OTC Stock Market) 12.94 21.88 17.43 Provided 48-in-ch Du-ga- n, Reserve requirement benefits banks M JX And j HUMMEK&I If J VfsT' I -- f Stt - f" s fI f. 1 Lifetime Breakage Warranty Included At No Additional Af "Sw"2i&w A ttjiI Jr" Sale Ends s Dec. 8th ll J 1 BUT AT THE REGULAR PRICE i GET THE 2ND AT 12 PRICE! 1A I r i 4j --4 A TRADITION 176 W. Of QUALITY SNCE 1904 Center I ji (Jji Prices 124-121- 1 - The Fed(AP) relaxation of reserve requirements should help fatten the thin profits of large banks at taxpayers' expense, but likely will not greatly stimulate the economy in general, analysts say. The central bank said its unusual action, announced Tuesday, was aimed in part at encouraging banks to lend to creditworthy borrowers, easing a shortage of credit. But private economists said the most visible result of the first change in reserve requirements since 1983 likely will be a modest increase in bank earnings at a time of increasing strain on the industry. "This increases the profit margin to banks but does not guarantee more loans," said economist Allen Sinai of The Boston Co. "It may or may not reduce interest rates. "This is a surgical move to shore up the banking system because there is a risk that the banking WASHINGTON eral Reserve's 'MARKETS ix K4L0 Peter PapJPeanut Butter 28oz. Hunts Snack - Pack 48oz 5$jiuu V wm Hunts Spaghetti Sauce ensure on hand to meet depositor demands. Institu- tions must maintain the reserves either as cash in the vault or in accounts with the Fed. When the central bank requires fewer reserves, banks then have more money to make g loans or oilier investments. Consequently, the Fed's revenue is reduced because it has less money to invest in government securities. "As I understand it, this is a transfer of profits from the Treasury to the banking sector," said economist Paul Getman of Regional Financial Associates of West Chester, Pa. "All of the Fed's profits at the end of the year go to the Treasury." The central bank turned over $21.6 billion in 1989, according to a Fed official. The net effect of Tuesday's change, depending on interest rates, will be to deprive taxpayers of roughly $600 million a year and to bolster bank profits by about the same amount. "That's a nice piece of change for the banking sector, but I don't profit-earnin- BUY ONE STRAXD, GET ONE STRAND.., at STOREHOUSE Regularly Coupon -- Price with coupon i $8.99 S1.00 $ g29 V " '" II HI-DR!- iSi mtfyj 175 ct. w Coupon Good lor Thicks, White Super Trim & His 4 in 28, 32, 44 & 60 Count Only. Expires 121 1 jHers r 630 N.Frecdom BLVD.Provo 205 E.400 S.Orem if you're shopping slowdown. The faltering economy, fears of war in the Middle East and higher taxes are being blamed for weak sales in the first two weeks of the season. holiday gift-buyi- weekend was "Thanksgiving pretty good. Otherwise, it's been somewhat disappointing," J.C. Penney Co. spokesman Duncan Muif said Tuesday. Analysts said that sluggish sales point to a disappointing Christmas for retailers this year, and they said the East Coast was hardest hit. Some storeowners said although sales were down they anticipated a surge in late shopping. Others were ready for drastic measures. Kennecott tests contaminated soil - SALT LAKE CITY (AP) Kennecott is completing a test to determine how it would clean up lead-an-d soil in Bingham Creek. The test involved removal of 7,000 cubic yards of contaminated material from three sections of the arsenic-contaminat- stream channel on Kennecott's property. Gregory H. Boyce, director of government and public affairs for the copper company, described as "ludicrous" accusations that Kennecott has been trying to secretly clean up the areas before health officials could determine the full extent of the problem. Malone to honor young executives - SALT LAKE CITY (AP) Zions First National Bank and Utah Jazz forward Karl Malone have announced a program to recognize outstanding executives and professionals under age 41. The young executives are to be honored at an "academy awards-type- " dinner, with all proceeds from ticket sales to go to two charities. Roy W. Simmons, Zions board chairman, said there have been many dinners honoring older, respected leaders in the community who have dedicated years of service to make Utah a better place to live. He and Malone will the co-ch- charitable project, culminating with what the iaia ai utue r ec is. "Up 'n Comers America Hotel on SPANISH MOSS $1149 11 HMIHH hand 25 Standard Wheelchair OFF Model No. STND-18-P- ALL CHRISTMAS PICKS A Standard 18 with permanent arms chrome-plate- d cold rolled steel frame Attractive, durable, buckskin color Softique I lis - 'Tisn't thea shopkeeper facing a Christmas Reinforced Select from 8 wide rarity ofChrlstmas picks. Buy 1 and get one of equal or lesser value for .... Kleene A wttSI NEW YORK (AP) season to be jolly """1v Beat the CHRISTMAS CUT-OFWith a minimum purchase of frame and fitting, you can save 25 off the entire frame order. $7.99 ' 117 Christmas sales down for season CUSTOM FRAMING SALE 4" HOosies currency liabilities are the net amounts that banks borrow from their overseas branches. Limited to supplies on (any amount) mi Non-person- al Briefs Add rich texture and dimension to all your floral decoratlves. 4 oz bag. Gift Certificates Available loweis al With coupon only! No limit. While supplies last! One coupon per customer. Expires Christmas Good only "What the government taketh with one hand, it giveth back partially with the other," he said. V During the two weeks ending Nov. 28, institutions maintained $59 billion in reserves. Tuesday's change would reduce reserves by about $13.6 billion, according to the Fed. The move Tuesday affects two types of reserves: those held time deposits against with maturities of less than 18 months and net Eurocurrency liabilities. time deposits primarily are certificates of deposit purchased by businesses. Net Euro- FREE ill fSpss Reg $2.39 NOW I credit because they lack money to lend, but rather because of concerns about the ability of borrowers to repay the loans during an economic downturn. Bert Ely, a financial institutions analyst in Alexandria, Va., said the reduced reserve requirement will only partly offset a more than 60 percent increase next year in banks' deposit insure rce premiums. of equal or lesser value. RosaritaRefried Beans fiss Reserve requirements that banks have the cash think it's going to do squat to get them to make more loans," Getman said. He said banks aren't tightening Choose from Red, Mauve, Pink White and MORE. Beautiful 9' strands of bead garland to accent any tree. Reg. $1.79 Wesson Oil 9 12oz. Kii 8oz. system could bring the economy down more," Sinai said. Because of the types of reserves reduced, large banks likely will benefit more than smaller banks, he said. BEAD GARLAND Hunts Tomato Sauce fgfSS Stocks have been staging a year- end rally in recent weeks, encouraged by falling interest rates and steps by the Federal Reserve toward an easier credit policy. - . But analysts say investors have still been proceeding cautiously as they wait for more evidence about the prospective severity of the economic slump. Unsettling news is expected on Friday when the Labor Department issues its monthly report on the employment situation. If advance estimates are accurate, the figures will show a drop of as much as 100,000 in payroll employment and an increase in the civilian unemployment rate from 5.7 percent in October to 5.8 percent or 5.9 percent in November. tate 6 6 NEW YORK (AP) market edged upward today, extending its advance of the past three sessions. The Dow Jones average of 30 WASHINGTON 22 55 116 1 is B-- 20 25 30 24 Provided to The Daily Herald By Shearsou Lehman Hutton An American Express Company Ask 38 15 214 Novell Rky Mm. Helcptr Zions i 38 15 Apple Computer 10 Stocks edge up 7.40 7.85 13.24 14.47 12.40 13.55 SHEARSON GROUP 8Vz 60 B-- 524 30 24 Boise Case. Commodore Int 29 Keystone 4 Keystone 2 Keystone Tax E Oppen Directors Oppen Special Oppen High Y. Pioneer Fund Pioneer II 33 26 AT&T 10 31 Am Cap Comstock Am Cap Pace FD Am Cap Venture Eaton Vance Muni Open Close Albertsons American Stores Am. Exp. Avnet 42 104 MUTUAL FUNDS S & P Index 500 323.65 S & P Index 100 306.73 NEW YORK STOCK EXCHANGE '- 4 42V4 USX Industrials 2579.70 (14.11) Transportation 881.84 (9.80) 4 254 204 42- Open Close DOW JONES AVERAGES VOLUME 185,820.000 i4 75-4- 4 Geneva Steel Gen. TeL & Elec. Hercules Inc. Promus IntL Bus. Mach. Knss Gas & Electric Fred Meyer Marriott Merrill Lynch McDonalds Ohio Edison Occidental Pet. Pinnacle West (AZP) Pub. Svc. of Colo. Pub. Serv N. Me Smith's Food&Drug Savin Bus. Mach. Syntex Teleflex OVER THE COUNTER 164. .. MDU MartM McDonl McDnD McKes Merck MMM Mobil Monsan MonPw 34- 4- 4 Mb 39v, LaPac 23 H 47- e- V4 204 274 33- 4- TeWyn Tennco Texaco 21 H Vt 614 Tektmx 4 4 3- 925- 445- 4- 36' 26 55 Syntex TRW 4 13- 4- 64 324 SouthCo SwBell 714 21- 4- 4 354 55" 23v 4 4 72 V, Grace 254 704 484 21V. .. Vt W 604 V4 4 4 4 V, 35 42 . H v, GaPac IBM 4 v GilJete Gdrich Goodyr Litton Lockbd Loews LnStar 114 Deere 61 23 4 474 DanaCp GenCrp GnDyn GenEl GnMill GnMotr GM E 32 Chryslr CocaQ CtData 344 1NCO 304.. ColgP ColGas Comsat ConEd Contel 2914 IntPap JRiver mnri 17- 4- Chmpln Chevm Chtquta GTE Gannett 4 4 27 Caterp "344 27- IdahoP 29' .. .. -?- 311 252 FrptMc 2- 8- "t V4 51' 6- 775- 4- 4 30 H Beamg Eaton Enron 4850- V- 41 FordM V 504 494 AT&T Amoco Anheus Armco AtlRic Atlas Avon BakrHu BnkAra 36i FIntste 20 V duPont EKodak FMC 18" 274-- Mi AlntGr 45 '4 20? Dresr 49 5- 554 Digital Disney DowCh 4 194 OutbdM PacEnt PacGE PacTel Parifc PanAm Penney PepsiC Pfizer PhelpD PhilMr PhilPet Polaroid PopeTal PortGC FoUtch Primca ProctG va v l Nwtrp Norwst Nynex OcciPet Olin AP- SFePC SaraL ScottP Sears SierPac 2 NflkSo A Stocks Wednesday, December 5, 1990 The Daily Herald, Provo, Utah 44 E.800 N.Orem 2$ 795 E.800 N.Spanish Fork FREE leather look tv Many Christmas Decor 1o Choose and Much More! i I VAUD THRU SAThWAY DECEMBER XTH. 1990 All DISCOUNT SALES mAL While Supplies Lost NO RfflQiECKS! r f--X ; With 8 Locations to Serve You MEDICAL supply 17)1010 PMS PROVO UTAH |