Show 4F Sunday June 26 1988 The Salt Lake Tribune Sales of Condoms Insider Trading Monitor Will Skyrocket Say Researchers NEW YORK (UPI) — Retail sales of condoms and spermicidal preparations are expected to jump 260 percent in the next five years as more Americans seek protection against acquired immune deficiency syndrome and other sexually transmitted diseases a market research firm predicts Researchers at Packaged Facts Inc said they expect retail sales of condoms and such spermicidal preparations as gels jellies foams suppositories and sponges to surpass $530 million in 1988 They further predict retail sales of these products will grow 21 percent annually through 1992 to $138 billion The media has been largely responsible for educating the public about AIDS a disease that destroys the body's ability to fight off illness and other sexually transmitted diseases according to the firm It also has been informative about barrier methods that help prevent their spread the firm said This in effect means that news coverage has a direct effect on consumers' purchasing decisions regarding condoms and to a lesser extent On spermicidal preparations which are sometimes used to supplement condoms' effectiveness against 'sexually transmitted diseases it said Commenting on the firm's predictions for the retail sales of these products Packaged Facts President DA Weiss said: "We feel the dramatic increase in condom sales noted in stores has been underestimated in unmonitored outlets such as vending machines and mail order and this has resulted in an undervaluation of the market as a whole" Sales Imported-Bee- r in 1987 Grew 8 Fireman's Fund Continues Snapping Up Oil Gas Stocks NEW YORK (UPI) — When it comes to beer sales in America imports are the hottest category going according to Beverage Media a journal that caters to the US liquor industry While imported beers account for only 51 percent of the US market overall sales grew 8 percent last year while sales of many domestic beers declined the journal said By Bob Star supplies tubular products to the oil and gas industries Gabe le MI InvestNet Clearly the most notable recent trend in insider activity thus far is selling by insiders in the computer (hardware and software) and retail sectors There continue to be interesting buys However Fireman's Fund continues to increase its bet on oil- - and issues by switching funds out Our scorecard for Fireman's Fund's oil and gas investments also includes 5237000 shares in Louisiana Land & Exploration 15874500 units of San Juan Basin Royalty Trust 13313700 units of Permian Basin Royalty Trust and 405300 units of Mesa Royalty Trust second In spite of a break-evequarter some insider positions are moving higher at Adams-RusseElectronics Chairman John J Lynch held just 132803 shares back in February before picking up 36500 in April 58700 in May and another 82200 in June This brings his total up to 310203 shares or 585 percent of the those outstanding Lynch's buys were in the $725 to $788 range Director Jeptha Wade bought 4000 for $8 each on June 7 raising his holdings to 10000 A third buyer Vice President James Connolly picked up 2000 in early May for $7 boosting his holdings to 15654 shares Continental Illinois director Wilham Sanders' recent buy of 74000 gas-relat- of US Shoe in May and into n Freeport-- Inc and Lone Star Technologies Its sale of 1125000 shares of US Shoe in late May probably helps explain part of the reason for the stock's drop from $2275 to the $17 range The Fund sold the shares for an average $1725 each raising $196 million in cash and reducing its holdings to 5512200 shares Some of the cash was invested in FreeportMc Moran Inc as 80000 shares were bought on May 31 for $2725 each bringing its holdings up to 7368500 ll McMoran shares Fireman's also bought 100000 shares of Lone Star Technologies on May 31 for $1637 each boosting its stake to 3085600 Lone Highest Money Market Yields TX Hallmark Savings Plano TX Armed Forces Savings Son Antonio TX Standard Fed Svgs Bank Gaithersburg MD 763 763 750 Continental Sayings Bellaire TX Hallmark Savings Plano IX American Sil of Brazoria Lake Jackson 800 788 Sunbelt Savings Dallas TX Mercury Sayings Wichita Falls Victoria Sayings San Antonio opened 788 Home Owners Federal Savings Boston MA 782 La Jolla Savings Bank La Jolla CA 780 Long Beach Savings Long Beach CA 780 First Republic ThriftLoan Los Angeles CA 780 New England Fed Svgs Bank Wellesley MA Annual Effective Yield Nail Avg 745 828 Dominion Federal SR Mclean VA 826 Home Owners Federal Savings Boston MA 825 Brookside Savings Bank Kansas City MO TX TX TX 788 850 838 830 MONEY FUNDS YIELDS Compound Yields for Period Ended 10 Highest June 21 1988 Money Funds Average 653 I Monitor US Gov't MMF 737 Government-Onl- y 824 Heritage Svgs Bank Richmond VA 824 Cardinal Sil Richmond VA Average annual yields below show the average return per year over the life of the CD The total interest earned on the account is divided by the number of years of the CO and the result is the average annual yield in percentage terms 25-YeAverage Annual Yield Nat'l Avg 830 New South Fed Svgs Bank Birmingham AL 936 930 Universal Savings Houston Houston TX 918 Columbia First Federal Arlington VA 2 Kemper Money Market Gov't Port 715 Fund k 702 Mark US Gov't 3 High OID lig 4 FFB US Government Fund 700 5 UST Master Gov't MF 700 699 6 UMB Money Market Fund Federal 7 High Mark US Treas Ob lig Fund k 699 Bayshore US Treasuly k 697 9 Wrguard MM17 Federal 10 Manner US Treasury 696 696 8 By Chet Currier AP Business Writer NEW YORK — As they size up the outlook for the US economy at mid1988 many analysts see good prospects for continued growth over the next six months or so There are several cloudy spots in their crystal balls however thanks to some unusual trends and unfolding events that defy measurement The drought in the Farm Belt for one looms as a potential wild card economic implicawhose long-tertions cannot yet be gauged In addition there is the presidential election coming in November the outcome of which seems likely to affect in unknown ways the continued progress of an economic expansion that will be entering its seventh year about the time the voters go to the polls Four years ago many forecasters felt safe in assuming that President and Reagan would be would make no dramatic changes in - shores owner purchased Theo A Stittung beneficial 24 10 17600 shares at $2861 per share from May 7288200 shares May 26 and now holds directly Equity Oil Co Paul M Dougan officer sold 25000 shares of now indirectly and $498 per share on May 24 and directly holds 628281 shores General Motors Corp Edward H Mertz vice president sold 659 shares at now indirectly $7463 per share on May 61988 and and directly holds 4153 shares Gamble Co Procter ' I Bethel! vice president exercised Ida Benjamin $5575 and S6738 option for 6100 shores between now holds directly 7310 per shore On March 23 and shares Westinghouse Electric Corp John H Fooks vice president exercised an option 17 ond for 2000 shares at $30 06 per share on June now holds rs- actly 2000 shares Exxon Corp Charles M Harrison vice president exercised an and $1441 option for 9140 shores between $1597 and directlu per shore on May 6 and now indirectly holds 44212 shores L -- : :: Insider Trading ASAGlance Six Month Activity Summary Accum Company Name Dispose 15 Albetison's Equity Oil Exxon GM Procter & Gamble Westinghouse Electric 15 3 2 5 10 4 31 17 11 20 :3 Outlook Good for Economic Growth But What About Drought Election? 1113 1105 1100 1098 9100000 CDs Yield 725 CD Annualized Yield Nall Avg 711 Annualized yields are for 12 months and are based upon rate in effect at time account is Savings Austin shares A third insider Vice President Sanford Bolinger sold 12657 shares June 9 for $3763 each and is now out of stock Lazarus continues to hold options to buy 900000 shares $7 Brookside Savings Bank Kansas City MO Columbia S&L Newport Beach CA Columbia First Federal Arlington VA New South Fed Svgs Bank Birmingham Al Allwrisonts Inc owner indirectty Pur Theo Albrecht beneficial shore from Mau chased 17600 shores at $2861 per holds 7288200' 24 to May 26 and now indirectly Ricken holds options for 450000 A large number of sellers continue to surface in the computer area but their selling has more of a profit-takinflavor as most continue to hold lots of stock Seven insiders at Informix Corp unloaded a total of 213000 shares between them in the $1775 to $2075 range The group lowered its holdings by just under 6 percent with these sales At Chips & Technologies Inc seven insiders let 255000 shares go in the $1685 to $1750 price range The seven lowered their collective holdings by 64 percent Four vice presidents at Compaq Computer lowered their stakes significantly in May The four sold a combined total of 51824 shares in the $5050 to $5250 range leaving two of them out of shares The holdings of the four dropped a collective total of 51 percent Nine insiders at Silicon Graphics Inc sold a collective total of 74 percent of their stakes by letting 74574 shares go in the $20 to $21 range We noticed an early May sale of 15200 Northrop Corp shares by president Kent Kresa for an average price of $2939 each The sale trimmed his holdings to 209328 shares buying since October is also up to 14 Most of the buyers picked up stock in the $225 to $350 range and have expanded their holdings significantly with the recent buys The street may be finally picking their message as Continental Illinois shares have recently broken out to the $5 range Paradyne director Paul Ferri recently made a timely buy He picked up 105000 shares in May for an average price of $422 each bringing his total holdings to 747192 shares Not long after the buy Paradyne shares rallied to $550 Big sales have been recently registered by two key insiders at Toys '11' Us Chairman Charles Lazarus sold 942706 shares on May 4 at $3825 each trimming his holdings to 55011 President Norman Ricken let 160000 go the same day also at $3825 trimming his holdings to 8559 shares Both were big sellers in April unloading a combined 600000 916 Mantic B & f Boston MA 912 Chevy Chase Chevy Chose MD Average Annual Yield Nati Avg 974 1116 Dominion Federal S&L McLean VA YIELDS' banks Highest yields reported by federally-insureand thrifts as of June 22 based on stated rates and deminimum method of compounding for lowest posit available Figures in parentheses are average annual effective yields offered by 100 large banks and thrifts in the top 10 markets Individual yields for 25-yeCDs are average annual interand est earned over entire life of account not "annual effective yield" which would only show interest earned the first year MMDA Annual Effective Yield Nall Avg 573 779 Empire of America USA Williamsville NY 760 Champion Savings Houston TX 725 Brookside Savings Bank Kansas City MO TX 725 CitiSavings Son Antonio Life shares at an average price of $4 each brings his holdings up to 129200 The number of insiders - DI tu - trade deficit led by the ex- port boom "It is now clear that the US trade deficit is declining" said Robert Barbera at the investment firm of Shearson Lehman Hutton Inc One big question that remains for the outlook is whether the economy will reach the point where expansion turns into an inflationary force According to Straszheim "although growth seems secure for 1988 rising inflation and interest rates suggest the economy is vulnerable to a modest recession in 1989': If the drought in the Midwest continues much longer analysts say its effects could start to spread beyond the region and the farm economy As David Resler chief economist at Nomura Securities International suggested: "Over the next several months rising food prices are likely to absorb a growing portion of most people's budgets since food demand is generally insensitive to price ly in the economic policy This time there is widespread uncertainty about which candidate will prevail and on what sort of platform By almost all accounts the economy enters the second half of the year in sounder shape than anyone dared hope last winter Donald Straszheim chief economist at Merrill Lynch Capital Markets projects growth of the gross national product after adjustment for inflation at a 36 percent rate for all of 1988 up from 29 percent last year The economy he said "is in transition from being led by the 1983-198consumer spending boom to being led in 1987-198by trade and net 6 9 exports" The White House on Thursday revised its growth estimate for 1988 upward to 35 percent from an earlier prediction of 29 percent In the view of a good many analysts continued improvement is like t Con pad IN used its 1 the Mr con: con: met fact NI Mat reci fiell lart ten( ' inct in t trer mai tr ilEGlli LR?fl''"'S HHGE1 SEC t :it':''t1 :1'1(0 i - E-- THALT'S RIPMRGFIro VL1E '''1 : 41 j I 1 Annual Yield LI 650 6 1 day month 720 4 - ($1000 min) 750 MOO 782 ($500 min) 765 year 798 MOO I — 6 718 month 760 min) I 1 ' — ($100000 min) ) SLC 268-23- ' se rt '74 ' 'I ($100000 min)) 781 ' ' '' :4 44 "No 4 4:' 4w '''0 v 4 I''' tj ' lks ' 4 RICHARD KINNEY Sit 2684930 I ‘ i 466-14- i N 6' -:s 44 s st it ‘tIF' I r:!" 040 t 4 1 cN 4 t 5 ' I e t I For additional information on certificate of deposit rates call our Savings Rate Hotline at 1 I JIM LUNDBERG LEE JOHNSON WESEI CO DAVIS - SOUTHERN I 224-309- 1 ' ! t i t g RAY FADE! WEIN co DAVIS CO 394-77- 5 - ' 4 s:01 i '' I - I - I " ' 't 1 1 ê t7 " a SLC 467-01- i 4 TOM TRAM EASTERN UTAH 1 '' I ' ' - ROY EDWARDS I Sit ) - - 1 44' I ‘ -- 44 00' - -' ' A)1 ' e :i t t I 1 ‘ 263-15- 7 ) ' WOO Sit 2 ' f DAVE TABISH A - " 1 C i 263-780- ' — EARL STEVENS SIC 486-42- - — month 700 DAN NELSON SIC 942-14- 1 CAPITAL INVESTMENT ACCOUNTS 3 'f - y 1 min) Annual Yield — p 7 I ): 1'' Rate ( LI 1 2 2 II: 4 t 7 i BRUCE NEYBORNE 750 year ( 1 '1 675 - 1 1 91 0 ' - LI 0 U UL l'Hi 21-- CERTIFICATE ACCOUNTS Rate ) 2 El ) U 0 VI1 ri u 1 295-17- 1 co :-- - 1 ' 1 399-01- I i 3 i i - 1 1 vbs 1 ' - 1-r-7 rt rAltifr Nona sup suppi am3 8 4M The foresight people 1 I C 2 riStitlf 151 S Main You know that insurance companies insure lots of things But one can help you insure your own success The Farmers Insurance Group of Companies We've already helped over 14000 very special people succeed — our agents Helped by giving them the best insurance products to sell the best training strong support and perhaps most importantly their independence The independence to run their own business Set their own goals And achieve 1 I :: virtually unlimited rewards We know that the insurance business is a people business That's why were always looking for the right people to work with us People who are ready to work for themselves To build a career in a business built on trust caring and professionalism If you're that kind of person talk to us Well climb the ladder of success together For more information about how you and Farmers can build a future together call one of these District Managers ‘z 2 I 263-780- 1 1 Rates subject to change compounded quarterly Yields shown assume principal and interest remain on deposit for one year at current rate Substantial penalty for early withdrawal Your Western Savings accounts are insured up to $10010) by an agency of the US government t I I i GET RESULTS WITH WANT-AD- S I k 237-200- 0 B 1' t ch Syni 4 I - I - : 5 ! 1 2 5 i 1 1 ! - i : 't - t q SURAN I 1 1 I I ! el Sup orkti Smite ' i $ i P 1 i 1 4 tk 1 1 ---- -- ----- - "INI100WMmramftmFoAttrs — |