The Salina Journal from Salina, Kansas • Page 28

22 Friday, August 25,1989 TheSalina Journal Dow average surges up 56, sets new high By CHET CURRIER AP Business Writer NEW YORK The stock market surged ahead with renewed force Thursday, breaking a record high for the Dow Jones industrial average that had stood for two years. Dow Jones's average of 30 blue chips jumped 56.53 points to 2,734.64, Wall Street surpassing its closing reading of 2,722.42 on Aug. 25,1987. The gain was the second biggest this year for the average, topped only by a 56.82-point advance on May 12. With Thursday's session, the Dow became the last of the widely recognized market in- dicators to recover all the ground it lost in the crash of 1987.

Other, broader market measures started hitting new peaks several weeks ago. Analysts said the market got a lift from a downturn in interest rates that began Wednesday. Rates declined slightly in erratic trading Thursday. Brokers also said buying was encouraged by a continuing flow of developments and rumors on the mergers and acquisitions front. In the latest deal, Holiday Corp.

said it would sell its Holiday Inn hotel system to Bass PLC for $2.23 billion and create a subsidiary to operate its gaming operations and three newer hotel brands. Holiday shares climbed 6 to 83. In addition, big-name stocks got several boosts from waves of buying by professional traders engaged in computer-program strategies involving stock index options and futures. Volume on the floor of the Big Board came to 225.52 million shares, up from 159.64 million in the previous session. Nationwide, consolidated volume in NYSE-listed issues, including trades in those stocks on regional exchanges and in the over-the-counter market, totaled 272.30 million shares.

Point-plus gainers among the blue chips included General Motors, up at 46 3 International Business Machines, up 2 at 116; American Telephone Telegraph, up 1M: at 40V 8 General Electric, up 1V 8 at 58V 8 and Procter Gamble, up at 131. Rumors and conjecture about possible takeovers or other deals benefited such diverse stocks as mart, up 2 1 4 at 43 3 As measured by Wilshire Associates' index of more than 5,000 actively traded stocks, the market increased $57.18 billion, or 1.69 percent, in value. The NYSE's composite index of all its listed common stocks gained 3.45 to 195.29. Standard Poor's industrial index rose 8.07 to 402.71, and 500-stock composite index was up 6.82 at 351.52. The NASDAQ composite index for the over- the-counter market picked up 4.20 to 465.88.

At the American Stock Exchange, the market value index closed at 381.45, up 3.75. Top-Six Dow Highs Highest closes In the Dow Jones Industrial Average Aug. 24. '89 Aug 25. '87 Aug.

10. '89 Aug. 21, '87 Aug. 20, '87 Aug. 2,734.64 2,72242 2,712.63 2,70950 2,706.79 2,701.85 New York Exchange NEW YORK (AP) -Thursday national prices lor New York Stock Exchange issues PE Solos Last Chg.

A-A 9 4438 142 3a 373 1.40 18 5573 2.76 9 2747 1.32 12 1424 .20 10 560 1.12 6 9283 .76 AMR ARX ASA AbtLob AetnLf AirPrd AlskAir Alcan AlcoStd vjAlglnt AllgPw 3.08 AldSgnl 1.80 Alcoa 1.60o Amax ,80 AmHes .60 AmBrnd2.44 ACyan 1.35 AEIPw 2.40 AmExp .84 AFamly .28 -P -I 1 77'. 4 42V 63V 4 I 4. 28'-, 4 24 4 14 1147 u35 4 66 11.16+1.16 10 625 40 4- 11 5920 7 6622 u76 4- 4 8083 u29V, 4 7 3521 40 4 1 13 3017 77 41V. 16x212956 41V. 9 2908 4 V.

15 10186 4 17 5359 18 4 V. AHome 3.90 152608 Amrtchs2.92 143384 62V. 41V. AlntGr .48 122399 96V. 42V.

AmRlty .76 2 394 4 V. AmStor 1 29 1131 69 V. 4 V. 1.20 20 26873 40V. Ametek .64 18 185 Amocosl.90 13 15036 48V.4IV.

AMP 1.20 16 1771 45V. 4 Anacmp 21 543 6 4 V. Anadrk .30 32 4 1 Anheus .88 16 7024 43 4 V. Anthnys .44 11 424 ArchDn.lOb 136333 30 4 V. Armco 62225 12V.

4- ArmWl 1.06 133302 41 Asarco 1.60 4 AshOil 1 13 1379 37V. AtlRich4.50 11 4139 U107V. 44 FPL Gp2.2B 10 1873 32'. Fairld 61 66 6'i Feders .40 12 612 FedNM 1.28 13 5006 100'. FnSBar 333 FtBkSy 1.64 25'.

21 80 4 I 1.64 FCopHd FstChic 1.80 Flntste 3 FstPa FtWachl.52 FleetEn .76 FlghtSI .16 FloPrg 2.56 FlwGen Fluor FthillG 6 2382 6 1123 31 1038 10 577 11 1060 10 468 25 200 111117 180 .16 333227 5 10 II 47'. 65', 13'. 49'. 29'. 40'.

37' i 5'. 34 7'. Atlos Augat AVMCO Avery Avnet Avon Aydin BakrHu BollyMf 29 154 17V, 4.40 119 14 .40 15 348 4) .56 15 1812 27V. 4 .60 16 515 4 1 2691 4 10 101 18V. 37 7425 u21 V.

174603 24V. 4 10 940 36V. 4 52V, 4 8 11442 31 V. 4 17 804 60 41 17 6939 4.40 14 2153 2.52 14 7412 .46 .30 BaltGE 2.10 BncOne 1.04 13 1713 BkNY 1.92 91482 BnkAm Bausch 1.16 Baxter .56 BellAtl BellSo 3667 17 2452 17 925 CIGNA 2.96 CMS En CNW CPC CRSSs CSX Caesar CampSp CapCits CarPw CartHw CastICk 23'. 98V.

55 4 V. V. 21V. V. 8V.

23 33 V. 19 10777 55V. 2V. 7 1144 4 161701 7 4 10 702 17V. 4- 16 17489 49V.

4101992 57V. 13 947 233414 38V. 4 152911 17V. 9 5651 U29V, 4 58 15802 48 4.40 19 771 213V, 4 BenfCp 2.20 13 552 BengIB 19e 8 285 BethStl 69158 Bevrly BlackD .40 BlckHR1.2B Boeing si .20 BoiseC 1.40 Borden 1.92 Bord wi BostEd 1.62 BrislMy 2 BritPt 3.45e Broodln .10 BrwnFr .56 Brnwk .44 BrlNthnl.20 BrIRsc .58: CBS FordM 3 5 257)4 52 FrptMcl.SOo 10 529 34 GTE 2.92 16 14032 u61'i 41 Gannett 1 08 203415 48 41'. GenCrp .60 11 2397 I7S 4 Genetch 2366800 18'.

GnDyn 1 6 563 57'. 4 GenEI 1.64 14 18565 58. I 1 GnHous .24 18 3B 10'i Gnlnsl .50 11 1941 3P.4 GnMills2.20 19 1691 69'. 4 GMotrs2.75e 6 24969 46'. 42'.

GM .96 17 457 54'. 4 GPU 2.20 9 1620 40'. 4 GnSignll.80 21 405 4 Gensco 10 3009 4- GoPac 1.40 103302u59 41V. GerbPd 1.92 20 928 93'-. 2'-.

GibrFn 416 15-32-1-32 Gillete .96 17 4500 45 41 Glaxo 24'. 4 GldNug 2302915 29V. Gdrich 2 8 3439 V. Goodyr l.BO 134153 53V. Grace 1.40152869 35V, 4 GtAtPc .70 18 676 64V, V.

GtNNk 1.32 71728 43V. 41V. GtWFn .80 11 3674 4 ''i Greyh 1.32 1414999 36V. 4 V. V.

Grumn 1 9 645 20V. 4 V. GlfStUt 635893 12V. 4 V. V.

V. Holbtn 1 52 7994 u39V. 1 Harlnd .68 16 328 24V. 4 V. Horley 410 29V, 4IV.

V. Harris .88 631272 34V. 4 V. V. HecloM.OSe 2731398 V.

Heinz 1.44 191711 Herculs 2.24 201923 49H Hrshey .78 143867 32V. HewlPk .42 158281 52V. IV. Holiday 30 30825 u83 Hmstke .20 102302 2903 89V, Hofllnv 1 51 9V. Houslnt2.14b 9 Houlnd 2.96 113621 33V.

Human 1.04 162074 38V. V. 1 55 11 9215 13 267 1183 2381 Nrwsts 74 19 1248 Nynsx 4 36 133478 Occ.Pet2.50 29 11641 29 OhioEd 1.96 17 1635 OklaGE2.38 12 405 Olin 213 286 ONEOK 26 209 OrngCo -02e 26 44 OwenC 7 1103 Oxford .50 13 107 .12 8 819 1.52 10 4011 8 589 14 3410 12 5211 16 10593 122194 4 3572 3V. 1624 17 5911 7 208 11 3918 4 11 338 40V. 4 1156 82V.

4 222749 16V. 4 PHM PPG PSI PacEnt 3.48 PacGE 1.40 PacTel 1.88 Pocihp 2.76 PanAm PanEC 2 PorCom .70 Patten .12 Penney 2.24 PaPL 2.86 Pennzol 3 PepBoy .11 PepsiCo 1 PerkEI .68 Plizer 2.20 PhelpD 3 PbiloEl 2.20 22'. 4- 36'i 67'. 4 29'-. 4 9'.

34 4 12'. 17''. 42''. 4 21'', 4 199535 61 1301 2B 16 753) 4 2792 70V. 4 V.

107414 PhilMr 4.50 1610564159 Philpln .60 13 416 21V, PhilPet 1 935612 Phlcorp 7 126 15 V. PinWst 1.60 2100 12V. V. PitnyBw 1.04 17 2307 u53 1 Pittstn .20 21 1304 20V. V.

PIcrDg .30 2463 15V. V. 1907 47V, IV, 12 323 24V. 7 4144 185360U13I 13 1961 24V. 11 3692 10 337 343 IRTs 1.16 ITT Cp 1.48 IdahoP 1.86 IdeolB IllPowr 1.321 ITW .60 ICI 4.61e ICA INCO IngerRd 1.20 Intel 1.40 Intrlke 1.50o 10 1779 9 2508 34 V.

9 152 37 1.80 172516 .24 19 83 42V, 4 1.24 105023 36V. IV, 14 8296 39 V. .92 25 2341 53V, .20 21 438 2.84 19 17314 42V. 12 1279 12V. 4 V.

24 1763 40V. V. IBM IntFlav IntMin IntPap Ipolco 4.84 1.92 1 1.48 1.72 1V. 27V, IV. 16V, 161199u45 8 791 V.

1029 4V. 52532 u36V. V. 14 1971 7 1064 44V. V.

16 843 59V. 12 25611 116 208262 127836u55 88133 10 110 25 Polaroid ,60 PortGC 1.96 Primca .28 ProctG3.20 PSvCol 2 PSEG 2.04 PugetP 1.76 Qantel QuokrO 1.20 25 2252 QuakSC .80 24 889 Quantm 3 33184 Questarl.88 29 50 RLC 9 949 RolsPurl.65 Ramad RongrO Raythn 2.20 ReadBt ReyMtl 1.80 RitsAid .82 vjRobins Rockwl ,78 RoHaasl.20 Rohr Rorer .80 Rowan RoylDs3.32e Ryder .60 4 21V. 7-16 64V. IV. 16 V.

47 41 V. 8V. 4 V. 94V. 14 V.

4 80V, 4-2V. 59V. 18 882 u40V, 4- 15 1243 33V, V. 7 4359 23 4- V. 11 2258 35V.

41 14 2096 5187 48 1988 102790 2293 66038 Caterp 1.20119351 65V. 42V. Centel 1.24 CentEn 1.60 CenSoW2.60 CnllPS l.BO Chmpln 1.10 ChartC Chase 2.36 ChmBnk2.72 Chevrn 2.80 ChrisCr 1.561 Chryslr 1.20 CircIeK .28 CirCty Citicorp 1.62 ClarkE 14 398 Clorox 1.24 16 1255 Coastal .40 152265 CocoCI 1.36 22 7479 vjColec 172 ColgP 1.48o 122412 48 644 u57V. 4 1734 1BV, 11 1644 36V, 4 10 1472 7 3159 4 355 52614 3 1380 159288 53 579 57676 506659 15 894 66363 V. 1 2 18 2673 1669 7 3454 11 517! 11 351 11 2962 )lgP ColGas CmbEn Comdre CmwE 3 Comsat 1.32 ConEds 1.72 ConsNG1.76 Conrail 1.20 CnStor Contel 2.20 21 2069 Contel wi 22 CnllCp 2.60 894 CtOata i 809 Cooper 1 Cornln .80 CrayRs CwnCk CumEn 2.20 CurtW V.

36V. V. 39V. 37V. 55V.

1V. 25V, V. 10V, 24 33 V. 42 43 V. 1 68V.

IV, 7-16 7-32 59V. IV. 46V. 37 38V. 26V.

24 786U49V. 1 9 8390 u4 IV, 16 1756 6V. 63V, JRiver .60 11 3913 30V. JohnJnsl.16 161280350V. Johnlns.SOi 8 26 12 7 V.

Josten .64 17 2124 23 mart 1 .64 12 31645 u43V. Kaneb 5874 4V, KCSou 1.08 82 48 KanGE 1.60 10 444 22V, V. KansPU.76 11 1513 V. Katyln 14 440 22 V. Kellogg 1.72 201248 KerrMcl.32 152616 48V.

4- V. KimbCI 2.60 141349 KnghtR 1.22 14 724 57V. 4- V. Kroger 2093 1BV. V.

I 1154 14 13 19 112 615 21 6039 18 599 13 1104 6 1022 vjLTV Learnl .48 LeeEnt .68 Lehmn 1.31e Lillys 1.35 LincNtl 2.48 Litton Lockhd Loews LnStar LILCo LaLand LaPoc 1.80 1 1.90 1 1 1 Lukens 1.20 31 36V. 19 34V. 52V. 58V. 15 4256 13 1801 12 477 15 898 523 1.60 10 14 DPL 2.24 9 653 26V, DQE 1.28 11 428 22V, DanaCpl.60 102773 1 DataGn 2216 DaytHd 1.12 164614 Deere 1.40132645 60V, I DeltaAr 1.20a 8 2701 76'', DetEd 1.68 1723 21V, V.

Digital 12 10473 103 Disney .48 265693 DomRs 3.20 11 3166 45 Dover .72 171008 DowCh 3.20 7 10626 104V. DowJns .72 121028 39V. Dresr 1 20 4185 I V. duPont4.20 12 7167 DukeP 3.12 121825 ERC 8 342 13 264 32 1626116 10 716 u66V. 1 16 1294 V.

20 362 154151 30 1874 3436 103078 15 4405 10 1438 7 199 MCA .68 24 2747 MOD 1.42 II 116 MfrHan 3.28 4 6999 Monvl 769 Mapcos 1 13 1024 Morriol .24 206173 MartM 1.35 81029 Masco .52 14 5796 Maxus 5352 MoyDS 1.42 Maytag McDerT 1 McDnls .31 McDnD 2.82 McGrH 2 McKes 1.44 Mead .88 Mellon 1.40b Melvillsl 30 MercSl .92 Merck MerLyn 2V, 32V. 14 62V. 4- V. 54V, V. 89V.

IV. 50 9 1581 17 508 35V. 4 2753 18V. 4 V. 987 16 582 31V.

224805 V. 6436 9 V. 6 9324 66V. 4- V. 144825 4- SCEcp 2.56 11 2794 36V, 4- SFePCp 4287 23V.

SaraLeel.44 172781 59 4- V. SCANA 2.46 12 433 34V, 4- V. SchrPlgl.80 20 4556 u78V. 4-2V, Schlmbl.20 2811768u45 ScottP .80 91241 50V, 4-IV. Seagrm 1.40 13 2503 uBIV.

Sean 2 147554 45V, SecPac 2.28 82116 50V. ShellTs2.40e 11 1486 41 Shrwin .70 14 919 33V. Skyline .48 14 496 18V, SmthBc 19 1547 45V, SmtBeq 7292 41 Sonat 2 17 2779 41V. IV. SonyCp 35 249 V.

SouthCo2.14 95770 27V.4 V. SwBell 2.60 147629 54 V. SwtPS 2.20 121655 28V. V. SquarD 2 13 883 60V.

V. Squibb 2 24 5079 U114V. SunCon 1.80 31 1544 38V. V. Syntex 1.50178029 48V.

V. Sysco .36 24 1056 u55 TECO 1.52 12 414 26V. V. 1.72o 11 1673 48V. 4- 381113 V.

6 495 12V, 21 6161 23 V. 124596 45V. 17 62 14V. 4- V. 37 690 V.

.60 33 979 21V. V. At a glance What market did WHAT AMEX DID Thuridoy Prev. Advanced 385 346 Declined 180 234 Unchanged 284 262 Total issues 849 842 New highs 47 33 New lows 9 12 WHAT NYSE DID Thursday Prev. Advanced 1180 1015 Declined 359 487 Unchanged 443 480 Total issues 1982 1982 New highs 158 64 New lows 8 12 Dow Averages Industrials Closing 2,734.64 UP 56.53 NASDAQ summary 10 most active NY NEW YORK Most active over-the- counter stocks supplied by NASD.

NEW YORK Soles, closing price and net change of the 10 most active New York Stock Exchange issues, trading nationally at more than SI. Name Volume latt Chg. FstBkSy 7,084.200 25V. TexUtil 5,188,400 32V. V.

PhilipPet 3,561,200 28V. WarnrComm 3,427,000 64V. KMart 3,164,500 43V. HolidayCp 3,082,500 B3 Maytag 2,828,100 26Vj 1 AmerTST 2,687,300 40V. EstKodak 2,611,600 50V, V.

FordMotor 2,571,400 52V. 10 most active Amex NEW YORK Soles, closing price and net change of the 10 most active American Stock Exchange Issues, trading nationally at more than Volume Lait Chg. Diasonics 2,849,800 4V. BATInd 1,289,500 1311-16 WanglabB 1.060,800 6 5 V. EngySvc 993,300 4 V.

TexasAirCp 796,900 20 FruitLoom 386,800 4 Amdahl 384,000 14V. V. CarnlvlCru 329,300 26 IntlTelchg 320,000 KirbyExp 307,700 8V. Volume Bid MCI 2,542,300 39V, Intel 2,296,400 30V, Whelbrt 2,039,000 9V. SumltTc 1,576,700 13V.

AppleC 1,454,700 44V. MicrTc 1,328,700 14 SunMcs 1,297,500 16V, Colorcs 1,237,400 9V, Kinder 1 ,200,700 6V. ValidLg 1,189,500 5V. Alktd Chg. 2 V.

14 V. V. 1V. V. V.

Advanced 1,228 Declined 762 New lows 35 Unchanged 2, 401 Total issues 4,391 Total sales 144,808,400 Local stocks Provided by A.G. Edwards Co. Over the counter Bid Ask Air Midwest 8 Butler Mlg. 44V. 4517, Fourth Financial Corp.

26V, 27 American Close Dillard's Change KC Power and Light 33V, unch A.G. Edwards V. Security Pacific 50 7 V. KN Energy V. Berkshire Hathaway 8000 Thor Industries 1 1 unch Commodities TRW TacBt TaMey Tandem Tandy Tndyclt TchSym Tektrnx Teldyn Tennco Tesoro Texaco Texlnst TexUtil 2.92 4 14 200 375 40V, 28V.

1 1 1 .92 66V. V. 20V. 40V. 8V.

38 4- 40 1 49V, V. 27V, 4 49V, 14 2078 15 28281 26V, 1 2648 23V, 16 12258 16 732 71V. 206449 16 711 1 97008 4 2290 35 16 2280 51 13 375 u50'-, l.BO 22 12762 1 152376 34V. 3.04 21 4585 60V, 4- V. 1522 3a 11 9992 54 4- V.

.72 102151 4- V. 951884 32V. 4- V. 92902 26V. 293663 140 161686 42 4-1 13 845 37V, .56 21 121 V.

.60 15 1809 19V. V. 92382 44V. IV. 817 48V.

4- V. 11 3555 V. 274 24V, 4- V. 202341 60V, 4-1 12 636 29V. 4- V.

5 1810 24V.4- V. 17 3942 268 UGI 2.25 13 10)29 38V, 4- V. UNCInc 95918 8V. 4- V. USFG 2.80 11 1758 32 4- 4 1309 4V.

4- V. 10 14519 34V, 5 M977 29 4- 11 565 27 143412 77V. 41V. 129183 16 V. 72 Textron Time TmMir Timken Tokhem Tosco Transm 1.88 Transco 1.36 Travler 2.40 TriCon2.08e Tribune .88 Trinovo .68 TucsEP1.60 UAL Cp By The Associated Press Coffee futures prices fell sharply Thursday on New York's Coffee, Sugar Cocoa Exchange on news that Brazil will not re-introduce its coffee retention program.

Coffee prices settled 4.22 cents to 4.75 cents lower with the contract for delivery in September at 79 cents a Grain CHICAGO (AP) Futures troding Thursday on the Chicago Board of Trade: Open High Low Last Chg. 5,000 bu minimum; dollar! per bushel WHEAT Sep 3.92Vi 3.94 3.9)% 3.93 Dec 4.06V. 4.06V4 4.05'/i 4.06 Mar 4.10V. 4.10V. 4.09'/i 4.IO May 3.98V, 3.98V, 3.97 3.98 Jul 3.67V, 3.68 3.65V, 3.66'/i CORN, Sep 2.35V.

2.36 2.34 2.35 01 Dec 2.36V, 2.37V, 2.35V. 2.36 Mar 2.43V. 2.44 1 2.42V. 2.43% .01 A May 2.49 3 2.50 2.47% 2.48V.I Jul 2.51 2.5) Vi 2.50 2.50'/< Sep 2.45V, 2.45V, 2.43 2.43 Dec 2.44 2.44 2.41 2.41 OATS 1.39 1.37 USG USX UCarb UnElec UnPac Unisys 1.40 1 2 2.20 UBra'nd .20 10 27 USWest 3.76 123210 Sep Dec Mar May Jul Sep Nov Jan Mar Moy Jul Nov 1.37V, 1.48V, 1.60V, 1.65 1.68 1.37V, .01 1.59 1.65% .00 V. 1.67V, .01 Vj 5.95 5.88 5.98 6.08 6.14 6.20V, 6.24 5.82 5.87 1.50V, 1.48V, 1.60V, 1.59 1.65% 1.65 1.69 1.67V, SOYBEANS 5.99 5.91V, 5.95V, 5.93 5.86 6.02% 5.96 6.12 6.19 5.89 5.98V, 6.06 6.08V, 6.14 6.17 6.18V, 6.20 5.82 5.84 Va EostEn 1.40 EKodak 2 Eaton 2 Echlin .70 EKCO EmrsEI 1.12 Enron 2.48 Ensrch Entergy Ethyl Exxon .30 1 4Bb FMC 2 40 14 16512 44 1 1 344 47 3 1 V.

37 4-1 50V. 4 24 4- 1 21V. IV. V. MWE 1.60 12 137 20'i MMM 2.60 154495 80 MinnPL1.78 11 382 Mobil 2.60 128996 1'.

Monsan3.40 13 3270 ul22V, 1 MonPw 2.76 13 556 Morgan 1.66 96187 41V. Motorla .76 164979 58V, IV, NCNB 1.20 173771 1V, NCR 1.32 NIPSCO .84 11 411 18V. NL Ind .60 11 692 26V, Nalco 1.32 162234 u44V. V. NotFGsl.34 13 25 Nil 2944 19V.

1 NtSemi 3359 7V, Navistr 8 10125 5 NevPw 1.56 12 159 NEngEI2.04 13 610 27 NwtMg .60431115 V. NioMP 1774358 NflkSo 1.44 II 5439 Nortek 177 NoestUl I 76b 10102622 4 NoStPw2.22 12 480 V. Nortrp 1.20 1202 25V, 4 V. Norton 2 14 828 u59 1 UnTech 1.60 UniTel 1.92a Unocal Upjohn USLIFE' 1.40 114l48u56 37 4553 u81 1 V. 138153 IB 10333 12 360 Varian .26 11 471 27V, V.

Verity 147538 2V, Wackht .60 14 12 18V, WalMrt .22 26 10784 42V. WarnC .68 WarnrL2.56 202655 WshWt 2.48 11 161 29V, WellsF 3 8 976 81 WUnion 842 WstgE 2.40 124484 Weyerh 1.20 11 4542 32V. Whrlpl 1.10 294128 30V. Whitmnl.02 193791 34V, Whitkn 410 William 1.40 722 39V, V. WinDix 1.98 17 384 Winnbg .40 35 89 7V, WolvvtR 1.88 156306 Wynns .60 12 330 26V.

Xerox 3 18 3399 67V. ZenithE 1211 American Exchange KANSAS CITY, Mo. (AP) Wheat 55 cars- 2 lower to 3V. higher; No. 2 hard 4.22V,-4 23- No.

3 4.25V,; No. 2 red wheat 3.84 No. 33.73V.-3.92V,n. Corn 34 cars: Unch to 3V, lower; No. 2 white 3.00-3.05n; No.

2 yellow 2.34-2.41n; No. 3 2.14- 2.40n. No.2milo3.82-4.04n. No. 1 soybeans 6.01-6.18n.

Hoppers 70.00-71.00. KANSAS CITY (AP) Wheat futures Thursday on the Kansas City Board of Trade- High low Chg. 5,000 bu minimum; dollars per buincl Sep 4.05V. 4.07V.4.05V, 4.07V, 01 Dec 4.08V, 4.10V, 4.08V, 4.10V, Mar 4.12V, 4.14 4.12'/, 4.14 01V, May 3.99V, 4.04V, 3.99V, 4.04V, 04 Jul 3.72 3.74 3.70 3.72V. Cash grain Thursday, Aug.

24 Scoulor Grain, Salina Payment-ln-Kind Certificates 102 percent Country comp. Terminal pound. Copper prices continued their upward spiral, rising 2.60 cents to 2.90 cents higher with August at $1.305 a pound. An expected rise in European sugar production sent sugar futures plummeting on the Coffee, Sugar and Cocoa Exchange. Sugar prices plunged 0.20 of a cent to 0.30 of a cent with October at 13.90 cents a pound.

Grain and soybean futures were mixed in quiet trading on the Chicago Board of Trade. Livestock CHICAGO (AP) Futures trading Thursday on the Chicago Mercantile Exchange: Open High Low Settle Chg. CATTLE 40,000 cents per Ib. Sep 74.00 74.00 73,80 73 80 25 Oct 75.52 75.52 74.97 75.12 Dec 74.35 74.37 74.02 74.10 Feb 73.25 73.25 72.95 73.02 Apr 74.25 74.30 74.07 74.07 23 Jun 72.15 72.20 71.90 72.05 Aug 70.25 70.25 70.10 70.10 FEEDER CATTLE 44,000 per Ib. Aug 84.25 84.30 84.10 84.10 Sep 83.30 83.40 83.15 83.15 Oct 82.55 82.62 82.15 82.20 Nov 82.75 82.95 82.50 82.50 Jan 82.85 82.92 82.65 82.75 15 Mor 81.65 81.75 81.65 81.70 Apr 80.75 80.75 80.75 80.75 15 May 80.10 80.10 80.10 80.10 05 HOGS 30,000 cents per Ib.

41.50 41.97 41.35 41.62 42.60 43.45 41.05 Oct Dec Feb Apr Jun Jul Aug Oct 42.95 44.17 41.50 45.90 46.20 44.40 41.25 OMAHA, Neb. (AP) 45.50 46.00 44.40 41.25 42.47 43.45 40.95 45.45 45.60 44.25 41.25 42.62 43.60 41.02 45.55 46.10 44.40 41.30 .15 .18 .25 .18 Market quotations Thursday: Omaha Livestock any Wheat $3.90 $4.00 NEW yORK (AP) Thursday national prices lor American Stock Exchange issues PE Sold Lait Chg. 4 242 4 71 1032 37 .10 83840 4 3.20 7 3 91 Acton Alza Amdhl APetf ASciE AmSwM I 02e Ampol 07e 11 ArcAlsk ArizCm Armtrn 10 Astrotc Atari AtlsCM 1 Audvox HO265e 308 18 BAT 36e 12 12895 13 II Banstr 32 II BergB BolrPh BowVal 218 45 lie 78 I 31 1428 137 157 7V. 4V. IV.

9V. 1 4 3 OataPd Delmed Duplex EchoBy Endvco ENSCO EntMkt FAusPr 1.08 .16 129 142 .72 14 227 07 32 1007 82 13V, 9V. 2V, 3V, 1 .40 .32 .04 .24 Brscng 1.04 CMI Cp CalEng CarnCr CFCda ChpEn ComFd Conqit Coron Cross DWG 40a .10 .06, 05e I 24 17 14 7)4 16 1281 52 192 138 79 49 876 31:. 26V. 4 2V.

4 21 3293 u26 326 151 115 367 361 485 558 5 3V, 2V. 2V. 7', 4 38 I 11 Fluke Forsti. FruitL FurVIt GRI GntYlg Glattltr GldFId GCda Hasbro Heico HollyCp 40a HomeSh 45 HrnHur HouGI 07e 16 IrnpOilgl 80 InsfSy 7 InlBknt Jacobs Kirb 21 16V. 5V.

21 9933 4 145 106791-16 1-16 20 10 3) 572 II 3868 216 50 4 15 268 749 16 17 1529 10 16 91 12 14 LdrnkSv Lionel MSR MuqrnC MUXUIII Media lOe '10 8 221 1274 171 355 63 338 18 14V. 3V. 6V. 8V, 27 4 IV. 47V.

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2 Farmway, Belolt $3.80 Gilbert, Clay Cen. $3.84 Cooper, Colby S3.83 Decatur, Oberlln $3.80 Agco, Runell $3.78 Farmer Stockton $3.76 Metals Corn $1.91 $2.01 $2.30 $2.24 $2.29 Mllo Beam $3.60 $5.84 $3.70 $3.60 $3.70 $3.57 $3.55 $3.65 $3.50 $5.67 $5.70 $5.60 $5.53 $5.63 100 1324 39 1 4 646 3 1 7969 20 26 .30 26 I 84 40 21 109 659 135 12 69 50 65 40 50 WIREf I 'id 17V. 9 4 5V. 4V. 3V, 3 1 31V.

8 -t 14V. 10608 4 188 288 418 84 IflV, 4 425 9V. 43 NEW YORK (AP) Selected world gold prices Thursday: Foreign Hong Kong late $364.15, oil London morning fixing $363.60, off London afternoon fixing $362.20 off $4 00' London late $362.75, off Paris afternoon fixing $365.37, off Frankfurt fixing $363.97, off Zurich late afternoon $362.00, off $1.85, Domestic Handy Harmon $362.20, off Engelhard $363.47, off Engelhard fabricated $381.64, off Comex gold spot month close $364.50, off Republic National Bank $362.40. off $1.75. NEW YORK (AP) Handy Harmon silver Thursday was $5 160, off 0.030: Engelhard silver $5.180, off 0.35; fabricated $5.543 off 0037 The bullion price lor silver earlier in London was $5 170, off $0.0575.

NY Comex silver spot month Wednesday 210-225 Ibs 46.o6-48~.bo! under 500 Ibs steady to 0.50 lower; over 500 Ibs 2.00-2.50 higher. U.S. 1-2 350-500 Ibs 345035.00. U.S. 1 -3 500-650 Ibs 39.00-40.00.

Cattle and Calves: 25. Not enough slaughter class for a market test. Sheep: None. KANSAS CITY. Mo.

(AP) Quotations for Thursday: cattle: feeder 500: compared to last Thursday feeder steers and heifers not well tested, few early sales near steady. Feeder steers, medium and large frame 1, few 468-541 Ib 88.25-96.50; package thin 610 Ib 93.00' package 632 Ib 89.00; few 735-800 Ib 83.0088.20; package fleshy 750 Ib 81.60; few 800-875 Ib 79.25-83.85. Feeder heifers, medium and large frame 1, two lots 450-500 Ib 87.75-93 35- few 500-600 Ib 83.00-89.25; two lots 600-700 Ib 83.50-85.25; 700-800 Ib 76.50-81.75. Hogs 400: compared to Wednesday barrows and gilts 1.50 higher; 1-3 230-260 Ib 48.5049.00. Sows under 500 Ib steady, over 500 Ib 50 higher; 1-2 300-500 Ib 34.50-35.00; 1-3500-650 Ib37.50.

DODGE CITY (AP) Trade slow. Compared with Wednesday: slaughter steers and heifers steady. Inquiry and demand rather light. Sales confirmed on 2,000 slaughter steers and 2.600 slaughter heifers Thursday. For the week to date 70,200 head confirmed.

Sales FOB feedlot net weights after 4 percent shrink. Slaughter steers: choice with end select 2-3 1100-1250 Ib 73.25-74.00, 73.25 in northern area: few mixed select and choice 1200-1250 Ib 72.50-73.50. Slaughter heifers: choice with end select 2-3 950-1125 Ib 73.00-73.50; mixed select and choice 73.00-73.50, mostly 73.00-73.25; few choice with end commercial and select 1160 Ib heifers and heiferetles 72.00. ST. JOSEPH, Mo.

(AP) Quotations for Thursday: hogs 1,000: compared to Wednesday barrows and gilts 1.00-1.50 higher; 1-3230-270 Ib 48.50-49.00. mostly 48,50. around 100 head 49.00; 1-2 220-230 Ib 45.50: 210-220 Ib 43.50 uniform 215-220 Ib 45.00; uneven 201 Ib 41 50 Sows steady; 1-2 300-500 Ib 34.50-3500 1-3 500-650 Ib 37.00-37.50 15 Salina truckers may have to move under firm's plan By MARISA DANIELS Staff Writer Fifteen truck drivers for ANR Freight Systems in Salina might be forced to move as part of a nationwide proposal by the company. Officials of American Natural Resources of Golden, which owns the truck line, and representatives of the Brotherhood of Teamsters Union Topeka chapter met this week in Topeka to discuss the proposal. About 25 truckers from Salina, Kansas City, Wichita, Topeka and Omaha, attended the meeting.

A spokesman for the union's Topeka chapter declined comment. Huey Counts, manager of the Salina terminal, also declined comment because of upcoming negotiations. A company official said the move would affect only the company's long-distance drivers. "Rest assured, there's no consideration being given to closing the Salina terminal completely," said Tim Walter, marketing director for American Natural Resources. ANR bought the company in 1978 from Graves Truck Lone, which was started in 1935 by the late William P.

Graves. The Salina terminal employs 15 long-distance drivers in addition to short-haul drivers. Salina trucker Jim Shramek estimated there are 10 short-distance drivers in Salina. Nationwide, the company has 222 terminals in 44 states and employs about 1,000 long-distance drivers. The truckers were told the move would affect 103 drivers in about 16 cities across the country, including three in the Topeka terminal, said Shramek, who attended Tuesday's meeting.

Shramek said the proposal would force Salina's 15 long-distance haulers to move. "At the meeting they (company officials) said the proposal would affect Salina," said Shramek, 2733 Linda Lane. "There will be no line- "Rest assured, there's no consideration being given to closing the Salina terminal completely." company official haul (long-distance) drivers left in Salina or Topeka." The proposal was announced to employees Sunday, and negotiations, are expected to be completed next' month, Shramek said. The proposal must be approved by union leaders and the Interstate Commerce Commission. Walter said the main reason for the relocation is that routes are being'; redrawn to cut driving time.

Walter also said the could improve service to customers. "I "Where our drivers are located impacts on how we can serve our customers," he said. "As business conditions change, we need to have drivers where the business is." Some cities might gain more drivers, but Salina is likely to lose its drivers, Shramek said. Officials told truckers negotiations might be completed sometime next month, Shramek said. If the proposal is approved, truckers will be able to bid on which cities they like to move to according to seniority.

Until the proposal is approved, the truckers can do nothing but wait. "Everybody's concerned," said driver Jim Baughan, 1820 N. Fifth. "But we'll just have to ride it out and see what happens." Baughan marked his 32nd year, with the line on Thursday. "If they want me to move I'll just retire.

It's just that simple," he said. Bank owners may be allowed to buy thrifts WASHINGTON (AP) The Federal Reserve Board voted Thursday to permit bank holding companies to buy healthy thrift institutions, a decision expected to accelerate the shrinkage of the savings industry and the expansion of interstate banking. The 6-0 vote culminated a bitter, two-year struggle among financial industry groups seeking to influence the central bank's ruling. But it is also something of an anticlimax because bailout legislation signed into law two weeks ago authorized the Fed to make the decision and members of Congress clearly expected it would. Under the federal regulatory scheme, banks and savings associations were kept strictly separate until 1982, when Congress decided to allow bank holding companies to purchase ailing thrift institutions.

In September 1987, the Fed proposed opening up all thrifts to purchase by banks but delayed its decision after it ran into a barrage of criticism from small banks and members of Congress. "I support" the change, said board member Martha R. Seger. When the Bush administration originally proposed its bill six months ago, it had called for a two- year delay before banks could buy healthy on the theory that banks wouldn't want to buy ailing thrifts if they had the chance to purchase sound institutions. But Congress scrapped the period in an effort to entice banks'- into investing in marginal, but still solvent, savings associations.

Earlier this week, James R. Barth, chief economist of the Office of Thrift Supervision, said solvent will have to raise $30 billion to meet new capital requirements going into effect by the end of the year. He estimated that half of the approximately 2,600 solvent in the nation, representing 85 percent of the industry's assets, fall short of the new standard. Many savings institutions, which had been skeptical of the change as a threat to their independence, now welcome it because it increases the potential buyers, and price, of their stock. "The healthy institutions are happy to have more people interested in their stock," said Dennis J.

Jacobe, research director of the U.S. League of Savings Institutions. Fixed-rate mortgage rate drops WASHINGTON (AP) Interest rates on fixed-rate mortgages rose to a national average of 9.85 percent this month after dropping in July to their lowest level in more than two years, according to a survey released Thursday by the Federal National Mortgage Association. Fannie Mae said the new average for 30-year, fixed-rate mortgages rose from 9.73 last month, the lowest level since fixed-rate morgages av- eraged 9.25 percent in March 1987. The rates for one-year adjustable mortgages, meanwhile, fell to 8.51 percent from 8.66 percent in July.

Because of generally declining rates, homebuyers have flocked to fixed-rate mortgages recently. In July, the percentage of adjustable rate mortgage applications fell to 19 percent, the lowest level since April 1987, Fannie Mae said..