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Show The Salt Lake Tribune BUSINESS/WEATHER Saturday, January27, 1996 *% Seg yes: f widshies aT Co aa on national forecast Good, 51-100, Moderate Unhealthfut Very Unheathtl TodaySait LakeCity, Davis and Weber unhe Good Dgden’Provo: Salt Lake & Utah cour Brigham Logan SHY uy a5he7 ‘ ~ Randolph oy, we 39/27 ProvolOrem 32/21 © Wendover ) © 40725 "paveol 4028 < Nephi Delta x pw 42/29 40/28a 2 Southern Utah IK we Richfield 30/18 gi) As 46/27 8/30 ‘Temperatures are today’s highs/tonight’s lows. SUNDAY ee wets windy, More snow snow ri Cae Bik yea Utah Weather pis * TODAY aa ey? f& TUESDAY MONDAY Clouds and limited sun. Mostly cloudy snow showers Cloudy to partly sunny 41/24 43/20 45/27 Ter Box MONDAY ne 4141 44 Limited sun: shine, snow 2 TUESDAY Mild air will surge northward along the Eastern Seaboard today accompanied by LSRene Yesterday Today Yesterday Today 46 2 43 68 68 435 City Albany : 7 abt ee ed Variably cloudy Clouds wil limit sunshine Maybe rain now 30/18 38/15 38/15 36/18 40/20 22 20 +5 -13 Evanston 19 1 JacksonHole 15-2 Rock Springs 16 2 nancial told potential investors @ Continued from B-5 their CDs were federally insured mi Fi andoffered through the “top 150 financial institutions,” according to the SE hey also intended to mislead investors into believing the investments were connected to Citicorp bank or its subsidiar jes. one of which is Citibank. In fact. thereis no relationship be tween the phony investme scheme and the bank. theS' said Ah ng is set for Feb. 9 in the US, District Court of Central Cal- ifornia to give investigators a chance to make their case for a preliminary injunction et The Dow Jones industrial aver- age rose 54.92 points to 5,271.75 setting its third record in a week in which the blue-chip average climbed87.07 points Advancing issues lagged de ast ea b i to place newspaper ads andsell 63 Sit Nashville New Orleans New York 30 0.24 Norfolk 27 002 30 Tr 25 27 030 Oklahoma City Omaha Orlando PalmSprings 32.8 42 29 Philadelphia Pittsburgh 27:19 4) 26 Tr 17 9 018 43 23 0,04 42 Portland, ME Portland, OR Providence Raleigh 39 12-20 Tr 17 39 020 28 24 Rapid City -7pe Richmond 17¢ San Diego 18 -36 5 -40 5 42 38 2! (12 48 44 206 216 44 29 0.07 28 14sf 19 002 27 19pe 33 20 pe Sacramento St. Louis San Francisco 32 12sn Savannah Seattle Sioux Falls Indianapolis Spokane Springfield, IL Jackson, MS 64 45 352 46 245 Kansas City 24 13 0.05 32 22s | Little Rock «65. «44-003 43 25s Los Angeles 61 45 66 50 pe sh-showers. tthunderstorms, r-rain st-snowflurries, sn-snow, 3 4 pe-pantly Bond investors started the disappointed that the tempor budget pact worked out by President Clinton and Congress could delay orkill efforts to balance the budget in the next seven years. But by the afternoonthe sentiment shifted to a growing belief that the budget agreement would pave the way for the Federal Reserve to once morereduceinter- pace higher, about a point as the day began. I view the financial market in kind of a simplistic way,” said BobStreed, seniorinvestment ad- ports early next week continueto The prospect of lower interest ates was enoughto send bonds them and stocks along with pe riety DOS 6.22 & Win 3.11 or Windows 95 Grotiers Encyclopedia, US Atlas, World Atlas, Animals, Chess Master 4000, Mavis Limited 2 Year BeaconTeaches Typing Parts & Labor <= ae peSULLY pat) ae ee] “Special Burchase tis sale only 54 Mobile Montgomery Montpelier 82 67 066 78 70 sh 71 58 003 64 50s Tr 22 11c 18 6st ald 1.44 MB MURRAY SANDY SRSaaa 9055 7) W ans ee ‘eoy) ata (901) 226-2665 1 566-2375 Fax Dt) 226-243 43 35 oeeeeeere Complete PENTIUM Computers w/4XCD-ROM Packages] a.k.a Crampton, of Silver Spring, Md 35 47 43 240 44 21 pc 6-28 Tr 0 -13 pc 38 20 50 271 50 showa weak economy Mandell. who also was on parole Barquera, 0 Tr trading. Volume was active at around 384.42 million as of 4 p.m., but far below Thursday's Stocks were led by bonds, which ended a see-saw session up nearly a point after being down Memphis Miami 62 36 60 325 43 34 012 47 346 worked with Singleton and two Mark Minneapolis 48 48 est rates, assuming economicre- dell. to poseas an executiveof the New York financial institution Citibank by using stolensocial security information and other forms of fabricated identification Mark Cabrerro, a convicted felon from Los Angeles. and Roberta Milwaukee 221 Davenpot Dayton cliners for most of the day but pulled aheadin thefinal hour of structing a partner, Thomas Man others. | Bonc. surge Sends Dow to Record High THE ASSOCIATED PRESS NEWYORK — Stocks shot to record levels Friday, spurredby a powerful recovery in the bond They accuse Goldstein of in- 39s 50 WYOMING Salt Lake City office Those affiliated with Citi tober199 61 22 2 27 19 37 22 SEC Accuses S.L. Manof Fraud criminal charges lawsuits havea tendencyto balloon.” he said Government papersfiledin the casesay the schemebeganin Oc. ST 41 42 45 66 Jumbus OH 43 Weather(W): s pitches to 1.200 potential inves tors, many of whom lived in retirement communities. The SEC said it also had information Citi Financial was about to set up a 29 Ti Cincinnati Cleveland 49 38 Casper Cheyenne Hi Lo Prep. Hi Lo W 50. Madison Charleston, WV 48 23 009 42 18 ¢ Charlotte 48 28 65 36 T City Louisville | Austin Chicago Eiko Tae | Baltimore ~NEW MEXICO” hs 8 -13pc 45 34 023 44 24pc 43.13 50 171 Birmingham Bismarck Boston Ely Las Vega: Reno 4 5 -10 Charleston, SC 02 NEVADA 24 20183 WEDNESDAY \ Hi Lo Prop. Hi Lo W 3414 40 21sn Atlanta Atlantic City Concord Dalias : TUESDAY CE gusty winds andrain, some of which will be heavy. Temperatures will rise into the ARZ OHA Variat High: 84 in Corpus Christi, Texas 60sas far north aseasternVirginia. A large area of moisturewill slide inland across Washington and Oregon, bringing snow and heavyrain. Nice weatherwill persistin the Southwest Today WEDNESDAY Mainly cloudy a snow shower not know whether the SE probe would eventually lead 6 Cold ry Warr lane NationalExtremes Boise Coeur dA) IdahoFalls Lewiston Pocatello Rexburg rain or sh 42/24 38/22 Clouds most of the time they wanted to protect thousands of potential victims. Singleton’s phone numberis not listed, anda call to hisattorney, Jerold McPhee, ofSalt Lake City, was not returned Friday. McPhee told Bloomberg Busi ness News earlier this week he did not know whether he would advise his client to denytheallegationsorseekto settle the SEC a legations, Healsoindicated he aid Cc precipitation. Temperature bands are highs for the All maps, forecasts and data provided by AccuWeather, Inc. © 1996 Anchorage 45/30 rE rr eHBE Y SUNDAY Fae Shown are noonpositions of; weathersystems and Low: -48 in Tower, Minnesota; Feb 18 100m 11.52am Hi Lo Prop. Hi LoW Flagstatt Page Phoenix Tueson Scheel deel cab) Medco TODAY ® Feb12 dep aed Hy § ) WEDNESDAY As. \ epee OPCRE ET ita Ree PeacePer, 3 SUNDAY Yesterday Hi Lo Prep Snow City % More clouds vsti cash i. tae rbeesiverhat Yesterday City highway Conditions 9¢ 32-2400 Avoltche Condiions than sunshine. sunshine 34/18 zea] T-storms Last Jan27 Feb4 Mo ay M today limited likely 40/20 \| Full Se) Clouds and showers are howers 40/30 4 MONDAY No ap First. aee TODAY IY 5:38 p.m day. Forecast high/low temperatures are given for Stationary gn apa Moab ™ " Cedar Ci ans Tonight 7:43am, “or ¢ Mitford = Brian Head 40/18 2 28/6 Mostly cloudy YE Mant ™ Price Ocala 45/17 . epee ane ® Brian He *. Today Herber City Vernal Je" 36/33 Bhs. Sood | 429. Syracuse Tampa Trenton Washington Wichita bce, Prep -precipitation, Tr-trace. “There is a slowing down of the U.S. economy, as well as gyrations in commodity market, and they ar e being assessed properly in termsofinterest rates.” viser at Northern Trust in Chicago. “Everything keysoff of interest rates. It's the best final assessment of everything that’s going on. “Thereis a significant boost toward more responsible fiscal spending, despite the budget deal that appears to have been worked out in Washington,” Streed said. Alan Ackerman, senior vice president at Fahnestock & Co., explained the rise in more technical terms: “We have those who are willing to buy on thefact that the market continuesto be resilient. On weakness, bargain-hunting seems to have workedsofar.” POPC MiRety) NOW at Wholesale Prices Retail Price Encarta '95 Compton's '95 Grolier '95 Just Grandma & Me Arthur's Teacher Trouble Corel Draw 4 Nascar 7th Guest Where is Carmen Sandiego Mosby's Medical Encycl. Rise of the Triad Earth Siege Sim City 2000 soso s79 $79 s49 sa9 s249 se9 s59 sse9 s59 sé9 $59. $59 Your Price Only Only Only Only Only Only Only Only Only Only Only Only Only $29.95 $14.98 $14.98 $14.98 $14.98 $59.95 $29.95 $14.98 $14.98 $14.98 $19.98 $14.98 $19.98 Over 1000 CD-Rom Titles available at wholesale prices. OGDEN fe aPC] {Innovation c i tie zs 3 Mon, = Fri9-7 Digitrak SaltLakeCity. Utah 64121 (Now Open to the General Public.) or call (801) 266-4748 investments in nonexistent ‘‘brokered CDs. According to the SEC com. plaint, they peddled the CDs in publications such as the Los An geles Times and The Arizona Re. public, and through targeted O| pen Your Newspaper and ‘Seymour Savings! FEATURED CERTIFICATE - 7 MONTH TERM WITH A ONE-TIME "BOOST" OPTION IF RATES GOUP! 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