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Show A Wednesday, February 26, 1992 The Daily Herald rders for durable qoods up 1 .5 percent Stock market turns higher - NEW YORK (AP) The stock market staged a mild rally today, recouping some of Tuesday's losses. The Dow Jones average of 30 industrials, down 24.59 points Tuesday, rose 6.70 to 3,264.53 by noon on Wall Street. Gainers outpaced losers by more than 3 to 2 in nationwide trading of New York Stock Excissues, with 933 hange-listed up, 592 down and 539 un- changed. The Commerce Department reported that new factory orders for durable goods rose 1.5 percent in January, bouncing 3wsas-- i K mart Litton Lockhd Loews New York Stock Ex- change selected Stock Last Chg AMR 76V4H Albtsn Alcan 43 20 AldSgnl Alcoa 48vi Amax AmHes 68 20 41 ACyan 62tt AElPw AIntGr 31 76 86 AT&T 37 Amrtch 6- 0- Amoco Anheus 4SH AHome ... ... ... BrMySq 57iy... BritPt Bmwk BurlNth 15 42 21 CascNG 4- 9- Caterp Chmpln Chevrn Chiquta Chryslr ... CtDala DanaCp Deere 25 60 33 16 80 48 18 38 26 10 34 51 DialCp 4- 9- CocaCl ColgP vjColGs Comsat ConEd V Dole DowCh Dressr duPont EKodak Eaton Exxon 4- 83- 8- FIntste FordM FrptMc GTE Gannett GenCrp 36V4 42 31 - 4- 6- GenEl 13 58 79 GnMill 6- GnMotr GM E 36 57V4 28 GaPac 6- GiUete 49 45 GnDyn GME Gdrich Goodyr Grace Halbtn HeclaM HewlPk Hmstke 6- 1- Honwel 72 64 26 31 ITTCp IdahoP INCO IBM 87- IntPap JRiver V4 58 48 45 Tektmx 1- Teldyn Tennco 25 38 59 38 35 25 4 40 26 - 8- ... -...... ... ... ... ... 23V4 ... 149 34 2- 2- 3- 3- 49 9 11 21 39 69 20 33 28 7- ZenithE Vi ... ... 25 24 Wolwth Xerox 21 ... 1- 30-- Varian WarnL WstgEl Weyerh 74- stop-and-sta- -... 4- Unocal 4 14.47 22.34 But Brady said funding of the cleanup only delays its progress and adds to its cost. - 42 23 Univar 5- 28.04 leash." 11 Unisys 73 10.95 . 53 UCarb UnElec UnPac ... 11 Pioneer Fund 27 77 40 26V4 USWst USXMar USXUSS 1- OppenHighY. 15.84 V4 26 25 14 19 55 57 Trinova UALCp 43 27 15.84 10.95 26.43 13.78 21.06 - 100-- TriCon ... 4.60 4.60 Keystone B-- 4 Keystone B-- 2 Keystone Tax E Oppen Special In response, Rep. Joseph Kensaid in a statement nedy, the RTC was doing "a lousy job" and "must be kept on a short ... 16 43 39 Transm 2- 33 2 47 managing and selling assets." And, he said, the agency "lacks is systems to assure ... that RTC it is services contract the getting paying for." 2- 91- 7- ToddS ... 32 2 47 spring of 1993. Legislators then can how much the bailout agency, the Resolution Trust Corp., needs to finish, said Richard L. Fogel, assistant comptroller of the GAO, Congress' investigative and auditing agency. "GAO believes that funding RTC in this manner will help make RTC accountable for its overall progress and needed management improvements," he said. Fogel said the RTC "still does 76 22 Texaco Texlnst Textron Timken 8- 3 its 82l SouthCo SwBeU Syntex TRW 57V4 FMC 3 in have 32 74 SFePC SaraLee ScottP Sears SierPac ... 72 Congress advised to go slow on S&L bailout lawmakers should provide only not adequate systems place critical mission of enough money to last until the to support Bid Ask 17.24 18.84 13.88 14.73 21.57 22.89 9.37 9.37 Am Cap Comstock Am Cap Pace FD Am Cap Venture Eaton Vance Muni Greenspan said in congressional testimony a week ago the Fed also had seen signs of more factory orders in the first weeks of February. ... 60V1 ReyMU Rockwl RoylD SCEcp SaftKl 4- 5- Volume on the Big Board came to 109.64 million shares at noon, against 111.15 million at the same point Tuesday. Greenspan, who said most economists believe "the economy will start to quicken sometime in the second quarter," pledged the Fed would continue to lower interest rates if needed to keep the recovery alive. 813- 18 30 40 21 PugetP Quantm Questr RalsPu ... 61. Treasury Secretary Nicholas F. Brady and Federal Reserve Chairman Alan Greenspan both said there were fresh signs pointing to continued economic growth. But many analysts, including Greenspan, said they were disturbed by the results of a survey released Tuesday showing consumer confidence had plunged in February to the lowest level since the severe recession in 1974. Consumer spending represents of the nation's economic activity and is necessary to sustain any recovery. two-thir- ds ... 152- PSvCol 64 153 34 57 20 46 Digital Disney Other gainers among the blue chips included Philip Morris, up V4 at 76 Vs; Exxon, up 14 at 57 14; Coca-Col- a, up 1V4 at 8 1 Va , and J. P. Morgan, up 14 at economy toward year's end. Today's report came a day after ... PacEnt PacGE PacTel PacifCp Penney PepsiC Pfizer PhelpD PhilMr PhilPet Polaroid PopeTal PortGC Potltch Prirnca ProctG ... dend. - OrWASHINGTON (AP) duction, more jobs and thus more for factories ders to U.S. usually money for consumers to spend. The January advance was led by expensive durable goods rose 1.5 back in sizable bouncing January, percent gains in orders for industria bit from the biggest drop in more al machinery and equipment and in than a year just a month earlier, the transportation equipment. Orders for electronic and other electrical government said today. The Commerce Department machinery fell after four straight said orders totaled a seasonally adincreases. Until the December drop, durajusted $119.6 billion, up from $117.8 billion in December when ble goods orders had risen for two they plunged a revised 5. 1 percent, consecutive months, suggesting slightly less than the 5.2 percent the manufacturing sector had fall estimated earlier. avoided the renewed weakness The durable goods report could found in many other areas of the ease some of the concerns about the nation's economy, since orders are a key barometer of manufacturing industry plans. Any gain could result in an increase in pro ConWASHINGTON (AP) gress was urged today to reject the Bush administration's request for a 18.82 19.97 PioneerD single appropriation large enough 10.06 10.67 Putnam Voyager to finish the cleanup of the savings 15.80 17.27 Templeton World 7.97 8.71 and loan industry. Templeton Global Treasury Secretary Nicholas F. SHEARSON SPECIAL PORTFOLIOS Brady has asked for an additional Bid Ask $55 billion. That would bring total 15.23 15.23 Income Option 18.36 18.36 Equity Growth appropriations since August 1989 16.97 16.97 Intl. Equity to $160 billion and would be 12.01 12.01 IntermdtGovt enough to co nplete the job. 17.16 17.16 Tax Exempt 10.80 However, a senior official with 10.80 Inc. Bond High the General Accounting Office told Provided to The Dally Herald the House Banking financial instiBy Shearson Lehman Brothers tutions subcommittee today that An American Express Company 59 25 36 72 Olin OutbdM 46 46 23 33 81 Borden 62 67 24 13 10 3 15 OcciPet 4- 3- - 1541 92 Nynex 42 21 ... 1 -- Nortrp Norwst 47 19 BellAU BellSo Boeing BoiseC 1 41 67V- 4-1 32 NwVall NflkSo ... 6 BakrHu BnkAm Bearng McDonl McDnD McKes Nil NtSemi Navistr Nerco -- W 102 Avon MartM MMM Mobil Monsan MonPw ... 6 4- 107 4 55 25 52 Merck 56 Armco AtlRich Atlas 95l3- MDU ... ... r-l MUTUAL FUNDS - 51 vJLnStr LaPac prices: Merck rose 2lA to 154 in active trading. On Tuesday the company declared a stock split and raised its divi- Sage Analytics Valley Nat Corp Wicat Zions First Nat'l. sins YORK PEW (AP)Wed.'s noon back from a 5. 1 percent drop in December. ... ... V ... 7- - DOW JONES AVERAGES VOLUME 208.400.000 tutorials 3257.83 ( 24.59) 12 2 .67) Transportation . SAPlndex5004l0.45(-1.82- ) $4Plndcxl00383.03(-2.l2- ) Robert Is Pleasant And Quick Robert Chatfield works out of our Orem loan office. He specializes in all types of small business and real estate loans. He brings friendly, personal service from our neighborhood community bank to or our customers in Provo and Orem. Call to see how pleasant and quick it is to get a loan from Robert today. NEW YORK STOCK EXCHANGE Albert sons American Stores Am. Exp. AvncI AT&T Boise Case. Commodore Inl Eastman Kodak Open Close 43 43 36 36 U 21 U 21 25 H 37 A 24 37 24 '4 26 14 13 44 Geneva Sleel 44 TA Gen.Tel.&Elec. 30 30 Hercules Inc. Intl. Bus. Much. Knss Gas & Electric 50H 50 89 34 fred Meyer 8914 33 26 18 Marriott Merrill Lynch 54 43 McDonalds bhk Edison Occidental Pet. 1714 25 17 19 19 19 Pinnacle West (AZP) 17 17 pub. Svc.ofColo. Pub. ScrvN.Mex Smith's Food&Drug 23 23(4 40 Syntex Teleflex USX Pac. Pwr. Works Wash. Water&Power Iomega Larson-Dav- Novell Omni Films Rky Mtn. HeWptr 11 5 47 47 37 25 21 37 25 32 32 H 21 I OVER THE COUNTER Apple Computer Duriron First Security Bid Ask 6614 23 66 23 U 32 31 I0H 10 2516 2 59 3 4 60 3 4 5 40 5 Savin Bus. Mach. 376-117- 55 43V4 19 IIK 224-922- 7 We care about you I I JTB f$ ank of American Fork jlD American Fork, Alpine member FDIC rt |