Show Standard-Examine- Wednesday Sept 26 1990 r Business Stocks and mutual funds - NEW YORK (AP) Middav national pnces tor New York Stock Exchange issues includes annual dividend List ratio (PE) snares traded m hundreds (Sales) price at noon EST today (Last) and price change since previous day's dose (Chg) LILCo 1 50 LaLand LaPac 08 Lukens 140 Caterp 120 Centel s 85 CemEn 140 CenSoW 2 76 CnllPS 84 ChartC 05e Chase 20 ChmBnk 2 72 Chevrn 3 10 Chiauta 40 CnrisCr 1 611 20 Chrvslr -M MCA 68 MDU 1 42a — 10 Citicorp 78 CiarkE Ciorox 44 Coastal s 40 CocaCI s 80 C0I9P 80 ColGas 2 20 Comdre CmwE 3 Comsat 1 32 ConAg s 60 ConEd 182 ConsNG 84 Conrail 160 CnStor Contel 1 10 CntICp 260 CtData Cooper 1 08B Cornln 90a CravRs CwnCrk CumEn 220 CurtW n I 28 — N — NflkSo 471 Down 745 NYSE Index 16920 169 Up S&P Composite 30326 Up 367 Dow Jones Industrials 248564 Up 3267 APStandard-Examine- — 48 3Hs 12 12 5 GnDyn 1 GenEI 88 GnMills 2 56 GnMotr 3 GW E s 56 GPU 2 60 GnSignl 180 Gensco GaPac 160 GrbPd 120 Gillete 08 Glaxo 76e GldNug GtdWF 16 Gdrich 212 Goodyr 80 Grace 140 GtAtPc 30 GtWFn 84 GreyhD 140 Grumn 1 12 19 14 22 8 7 11 7 12 10 Market at noon NEW YORK (AP) — Stock prices sank today erasing the gains of the previous session as the pace of trading quickened The Dow Jones average of 30 industrials was down 3514 points at 245050 at midday Losing issues outpaced gainers by about 13 to 4 with 1009 declining 311 advancing and 485 unchanged Volume on the Big Board came to 8535 million shares as of noon on Wall Street 32to-35- 7b 7 42 16 1 18 26 W-- -- W Wackht 60 WalMt s 14 WarnL si 52 WstiWt 2 48 WellsF 4 WUmon WstgE s 1 40 toeverh -3- a- a 89a 15a 3a d IB - 2a dia — a 31- 14a a— a 6- a- 25 49 33 2 43 1 25 2 32 3329- a a a a la -a- ia a- a a 31 2 - 2ia - a -- aa ia - 4018 26 u a1103 33 27 2271 d47 2585 2581 27a 2013 (1194 2ia-1- 7a 302 912 25 5s- 17 20 9a 1 877 75 25’ 65 3a 17 23a 1100 21 6 15 1685 194 z d32'S 5- -a- a a N Utah stocks 6 4191 154 2207 16 4409 21 7 5416 549 867 280 30 15- (Prices as of a- 69- a- a 16 a 33a a a 7- a- a 17 18 22 6 9 31 17 18 18 17 9 Price Change 'A -34a b20 16 13 15 8 am) 10 15a 30 586 196 415 1844 2765 487 447 617 2494 855 145 312 743 10370 56 1072 822 a 6a — 43 - 1 a dssa a 20a 42- a- a 19'e - a 14a — — ia a- 41- a- 60 6 12 68 13 72 19 1 8 5 10 20 INCO IngerRd 132 InldStl 140 Intrlke s IBM 484 IntFlav 216 IntPap 1 68 Ipalco 180 — vz 53 34 6153 759 185 697 395 7474 650 4586 969 817 192 39 1087 404 2211 2333 275 237 137 818 1080 358 3060 198 230 140 - Tuesday's NEW YORK (AP) Mutual Funds Alliance Cap: for coal “We don’t want to see blood spilled in order to help the coal industry” said Mike Dalpiaz District 22 president of the United Mine Workers of America “But if the situation continues over a long period I think we’ll named “Retailer of the Month” for Gabor wigs Besides running their own shop the Roberts’ go to Logan on the first and third Monday each month and work out of the Baugh Motel Roberts said he tries to make sure his customers are fitted properly and know how to take care of their new wigs But once 1343 119 710 110 246 383 610 270 1096 Insure 8693 From 8A written would simply push the Federal Reserve which supplies temporary advances to institutions experiencing runs by depositors If it were revised to effectively force all regulators to abandon it could be dangerous he warned 427 17 10 5 18 13 629 - 817 299 5 48 72 64 180 Votume 217 8 1 811 53 Ay Last yield billion 1 18 8 19 95 Durable From 8A which have zigzagged throughout the year — up during three months and down for four including a 105 percent plunge in January Orders in the key category of capital goods often 3 barometer of business plans to expand and modernize plunged 12 percent to $354 billion after gaining 101 percent in July But excluding aircraft orders the drop would have been only 44 non-defen- se 1 advance since last May when spending was unchanged from the previous month Nevertheless consumer spending in August topped the 02 percent gain at an annual rate posted in the second quarter gross national product But neither incomes nor spending in August matched the 08 percent inflation rate as measured by the Consumer Price Index Consumer spending is considered a barometer of economic health since it accounts for about of the nation’s economic activity two-thir- see more miners back to work” Tracy Bunderson coal market- er for Cyprus Plateau Mining said an economic recovery for Utah’s coal industry will hinge increased demand by Asian councoal tries higher prices spurred by higher oil prices and increased demand for environmentally cleaner coals spot-mark- et Those Utah coal companies now prospering are those with in a while there is a problem “This woman came in to the shop and bought her first wig She came back the next day and complained that she just couldn’t get it to look right My wife took one look and saw that it was on backwards We all had a good laugh over that one” he said Roberts said the average price for a wig is $62 while a toupee goes for $280 The difference is the first is machine tied and the latter is hand tied Ban-kAmer- 1 CHICAGO (AP) the Chicago Board ( OoenHighLewLast ( WHEAT 5 OOC ou minimum doners per bushel 2 73 2 75 2 75 m 00 2 73 Dec 2 V :2 89 52 89 00 z Mar 2 95 2 6 2 95 2 6 Wev - 2e s s sees 000 ml n a 10 open CORN 5000 Ml minimum defers per bushel 631 6 31 z6 27 6 29 - 03 Jen 2443 z6 40 6 4ta- - 03 Mar - 03 6 53 6 53 6 49 6 50 Mey - 03 6 59 a6 oO 6 5 5 6 58 Jm - 01 Nov 6 26 6 26 624 625 Tue 's sees 36 000 — s ooer ra SOYBEAN OIL 0000 tbs dakers per 100 lbs 3 55 07 Oci 2j 58 23 19 23 57 01 Dec 23 75 23 79 2368 23 (9 03 00 21 21 an J 200 a tjt an percent The pattern of orders in August was mixed Both electrical machinery and transportation categories posted gains while machinery and primary metals orders fell Orders for transportation equipment rose 13 percent to $352 billion mostly for motor vehicles Aircraft orders fell about $3 billion Transportation orders jumped 45 percent in Julnon-electric- al y- Electrical machinery orders advanced 26 percent to $208 billion following a 15 percent gain r p! 1 Mex SO Aus S5’2 75 100 crown S409 75 Peso ot 2 o troy oz I 1 00 troy oz uo M The NYSE's composof all its listed common stocks was at 16689 ofT 231 At the American Stock Exchange the market alue SOYBEANS bu mmimum index slipped 268 to Ki 31049 sees 100 35 tens denars per ten 5 OOC 6 5 2 S56 SIOpa-- n deears pe bushel e 2 je e — 03 i - ra i 50 oz 25 2 S 2 25 cz 10 oz up 75 0 25 2 75 S 4 00 S SM Technician Servce Vanaj-e- & Aav 5ot ove 30 ea-- s Has recefy ie:e ed fa’O'ai Var(et Se'ice ' Advsor Aa3'3 td Csia-- s ig Sr e & g ad yo jt srvee n“2s at fep with your own PERSONALIZED GREETING in'erna'ional troy oz - 00 o 1999 x 2 t rr 00 SIX U S 5 've' Corns S’OOC ace a ue 195 orrj anon va ut ore 195 circulation S 5130 30 eH s2 X T B S429 ooe-- troy oz uo Ame'ican Eagie Cnra je s Stott Service Advisor 00 S 1 1121 50 0 Source Dea T and Only Pager Shan i American Eage S’22 25 I 25 S 7 9802 Ame'ican Eas e ite index k S474 50 S725 75 49 The One - NEW YORK (AP) Prices WeanesdaY ot go d corns compared with Tuesday's prices Maoie Lea 1 troy oz American Eegie 1 T The agency’s plan still being formulated would represent its first major legislative move since 1987 when Congress sharply increased insurance premiums The proposals seem sure to come under fire from employers some of whom believe the agency is amassing an adequate financial cushion and dispute the need for another premium hike “They’ve dug their hands into this trough enough” said Mark Ugoretz executive director of the ERISA Industry Committee a Washington trade group The department said the 43 percent savings rate last month — savings as a percent of disposable income — was the lowest since a 40 percent rate in September 1989 The rate was 45 percent in July and 46 percent in June A higher savings rate means less dependence on foreign capital since funds would be available domestically for business investment Americans' saving rate for all of 1989 was 46 percent The report said Americans’ income after taxes increased 02 percent down from a 05 percent gain in July contracts to large coal consumers particularly power plants Those mines that market their coal on the open or spot market are having long-ter- m coal-power- a difficult go because of competi- tion and oversupply Getting unemployed miners back to work has been a difficult task for the local unions More efficient mining equipment has required far fewer miners to produce far more coal Lamonts nets record sales in 3rd quarter Strong sales in Utah helped the Lamonts retail clothing chain log record sales for the third quarter of 1990 and for nine months ending July 31 Leonard Snyder chairman and chief executive officer said sales at the Ogden and Logan stores showed receipts of $113 million in the third quarter a 63 percent increase over the $107 million in be “That could a very destabil- sales recorded in the same quarfactor in financial sys- ter a year ago our izing tem” Seidman said Those gains helped boost total To permit modernization of sales at Lamonts locations to a the financial system without ad- record million up 149 per$60 deded risk to taxpayers through cent from $522 million in the Seidman same posit insurance quarter a year ago advocated letting banks expand The increase contrasts with nainto new areas through separately tional subsidiaries that speciality apparel store capitalized sales gains of only 24 percent in would not use deposits He suggested that some riskier recent months and overall deactivities already permitted to clines in retail sales generally acbanks also should be shifted into cording to the US Commerce subsidiaries Department 1 Tje Tj agency “is in a very strong cash flow” position 49-sto- re 260 against 7345 million shares at the same time Tuesday Among bank issues traded on the Big Board Citicorp which confirmed it was laying off 100 employees in its leveraged buyout departat ment was down 14 Chase Manhattan Manuwas off J at 1 facturers Hanover was off 1 at 21 and was down V? at 20 Elsewhere AT5LT was down at 31 Pepsi was down h at 21 Vi IBM was down at 105 Waste Management was down at 21 at and Exxon was off WASHINGTON (AP) — Personal incomes advanced just 03 percent at an annual rate in August the slowest pace in four months while consumer spending rose 05 percent at an annual rate the lowest in three months the government said today The Commerce Department said incomes totaled a seasonally adjusted annual rate of $468 trillion a $13 billion increase over July It was the smallest increase since a 02 percent gain last job of protecting big banks from collapse from the FDIC to the 22 million workers at about 100000 companies Lockhart said it faces “reasonably possible” losses of $7 billion in the next 5 to 10 years or 12 times its annual premium income of $600 million because of companies that fail and renege on pension promises The agency “is not broken but there are serious flaws in our insurance program” he said in a speech before the briefing at an International Foundation of Employee Benefits Plans conference He added however that “we are not talking about a (savings and loan) size disaster” At the briefing Lockhart noted that the Personal incomes creep up 03 From 8A 15 27 Kaneb KanGE 172 KansPL 180 Katyln Kellogg 1 92 KnghtR 132 Kroger L ce Roberts — K — K— K mart 172 -L-- pension-insuran- PRICE (AP) — After a bleak period Utah’s coal industry is producing more than ever and the troubles in the Middle East could bring increased demands -J- LAC g viLTV Learnt LeeEnt Lilly s LmcNtl Litton Locknd Loews LnStar CHICAGO — The troubled federal agency said Tuesday that it plans to push for legislation to bolster its financial condition possibly including higher premium payments by shaky companies Calling his agency “one of the government’s biggest hidden liabilities” James Lockhart executive director of the Pension Benefit Guaranty Corp said at a press briefing here that he plans to take his proposals to Congress early next year The agency funded by employers protects the pensions of 40 it Coal industry better than ever '2 20 6 9 acobs s JRiyer 60 JohnJn 136 Josten 72 Chicago Tribune 77Vz 18 15 16 agency wants legislation to help At the same time the department said spending totaled $369 trillion up $167 billion from a month earlier It was the smallest - iaa a 39a a 2a ua- 2i' - a a- a 69- a- a 13- 33a e April 151 5 12 14 96e -J- -J 1616 2344 16 25 - 939 287 331 1864 951 2329 1066 217 29 426 638 2547 14 10 13 28 IdahoP 186 IllPowr 4 5 11 -2- 1715 80 155 2026 33 13 120 ITT Co ITW 140 UCarb 1 UnElec 2 08 UnPac 2 32 Unisys 1 USWst s 2 UnTech 80 Unite) s 1 Unocal s 70 Upiohn 1 USLIFE 148 1 -1- — Hmstke 20 Honwell 275 Hormel s 26 Hotllnv 52 Houslnt 2 20 Houlnd 296 Human 120 ICI 2755 533 5 15 PacEnt 3 48 PacGE 1 52 PacTel 202 Pacifc s 144 PanAm PanEC 80 ParCom 70 Penney 2 64 Pa PL 298 Pennzol 3 PepBoy 12 PepsiC s 40 PerkEI 68 Pfizer 2 40 PheipD 3a 7 2079 75 107 2277 999 3199 3064 374 780 2634 1573 1363 2121 3410 2320 100 14 4 3 4 10 7 80 15 d9- ZenithE 20 PHM 12 PPG 168 75 Wnrlpl 1 10 Whitmn 106 Whik n William 1 40 WmDix 2 16 Wmnbg 10i Wolwth si 04 Wynns 60 P— Q— PSI Imcera r 2 ONEOK s76 Oxford 50 — Hilton - ia O- Olm 457a 854 d207a 21 ' e 241 36 877 16a USG USX - i9a d27a 151 Cp UGI s 118 UNCInc USFG 292 Varity 60 Nynex 4 56 Halbtn 1 Harlnd 78 Harley s Harris 104 HeclaW 05e Heinz s 96 Herculs 2 24 Hrshey 90 HewIPk 42 770 Unchanged 1 OcciPel 250 OhioEd 150 OkiaGE 248 G— GTE s 158 Gannett 1 20 GenCrp 60 Gentc n Up a a Nortek 10 NoestUt 76 NoStPw 2 32 Nortrp 20 Norwst 82 F— GlfStUI — H— H l'-- NtSemi Nayistr NeyPw 1 60 NEngEI 2 04 Newell s 50 NwtMg 60 NiaMP FedNM 72 FIBkSy 82 FCapHd FstChic 2 Flntste 3 FtghtSf 24 FlaPrg 264 Fluor 24 FthillG 28 FordM 3 FrptMc 150a Volume in shares 186453250 Issues traded 1985 '4 ia 'a 'a Nil FMC FPL Gp 236 NYSE issues consolidated trading September 25 1890 Vz Nalco 1 NatFGs 142 Ensrch 80 Entergy 1 Ethyl 60a Exxon 240 G to -- aa Pension-insuranc- 12- a- 117 1237 662 TucsEP 60 48 NL ind 40 — Toxnem 56 Tpsco 60 96 T ransm Transco 136 T ravler 2 40 TriCon 3 38e 'a Tribune 96 1H Trinova 68 l' 140 NIPSCO 1 04 EKodak 2 Eaton 2 20 Echun 70 EKCO EmrsEI 1 26 Enron 2 48 Feders ---- N— 1 40 NCNB NCR s 56 DQE 136 DanaCo 160 DataGn DavtHd 132 Deere 2 Delta Ar 20 DetEd 178 Digital Disnev 58 DomRs 3 32 Dover 80 DowChm 2 60 Dowjns 76 Dresr s 60a duPont si 60 DukeP 3 28 — M-- MfrHan 328 Manvlle MAPCO 1 Warriol 28 MartM 135 Masco 56 Maxus MavDS 1 58 Maytag 90a McDerl 1 McDonl 34 McDnD 2 82 McGrH 2 16 McKes 160 Mead Meilon 140 Meivne 42 Merest 97 Merck 2 24 MerLyn 1 MWE 164 MMM 2 92 MmnPL 86 Mobil 2 90 Monsan si 94 MonPw si 42 Morgan 1 82 Motorla 76 9A PACER c 621-698- 0 e Sou'ce M Ban nfl rZUTTZZGEZ a month earlier But machinery orders fell 61 percent to $212 billion after gaining 35 percent in July And orders for primary metals slipped 17 percent to $1 16 billion after rising 28 percent the previous month The defense category jumped 124 percent to $84 billion following a 56 percent decline in July Shipments of durable goods rose 29 percent to $1287 billion in August non-electric- al often-volati- le |