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The Galveston Daily News from Galveston, Texas • Page 11

Location:
Galveston, Texas
Issue Date:
Page:
11
Extracted Article Text (OCR)

GALVESTON COUNTY, TEXAS WEDNESDAY, AUGUST 18, 1999 All BUSINESS dally dow Jones DOW Jon6S Close High 11,117.08 Net change August 17, 1999 11,117.08 Low 11,011.65 Pet. change -t-t -tnn 1 i 10,500 9,300 8,700 stock market Indexes 52-Week High Low Name Last Chg YTD 11,252.27 7,400.30 3,797.05 3,282.18 336.03 269.09 663.50 821.83 2,874.92 1,420.33 428.66 465.80 12,976.99 462.69 554.70 1,357.09 923.32 268.65 303.87 8,620.80 Dow Industrials Dow Transportation Dow Utilities NYSE Composite Amex Market Value Nasdaq Composite 500 MidCap Russell 2000 Wilshire 5000 12-mo 11,117.08 3,205.51 313.06 628.71 778.41 2,671.22 1,344.16 402.66 436.00 12,227.77 stock exchange highlights nyse 628.71 amex 778.41 nasdaq 2,671.22 GAINERS ($2 OR MORE) Name Last Chg MaximGp 6 Tiffany S3 Ashanti Sizzler WHXCp BVw NatDiscB 36 WmsSon Homebase 9 MidwGm SfgdSc LOSERS (sz OR MORE) Name Last Chg Saks 19 -4'Vie CHS El ProtctOne 3 9 7 ChicBy 2Ve -V4 Elcors -2V16 Sauer 14Vn -1Va Converse 2 7 -V4 KCSou 4B 3 -4 1 AWestwt Blckbstrn 13' 3 MOST ACTIVE (S1 OR MORE) Name Vol(OO) Last Chg AmOnlnes! 37744 Citigrps 113493 5 Disney 108240 Micrnt 100030 Compaq 89941 24Vs DuPpnt 82807 -Vie ATSTs 78418 BrIRES 76713 Pfizer 68672 ConocoB 67991 -'A DIARY Advanced 1,845 Jeclined 1,150 Jnchanged 541 "otal issues 3,536 Jew Highs 48 few Lows 93 Volume 829,592,140 GAINERS ($2 OR MORE) Name Last Chg TitanPhwt VSIHold 4'A SncFndwt 3 Opticrewi CVFToh 4'A Flanigns 5 3 Halsey Selfcare Depomed 2 9 TitanPhm 6 3 A LOSERS (sz OR MORE) Name Last Chg ARVLiv 3Vs PaxsnC USHmGpf -2 HostFdg 2V4 MAISys 2V4 StarStruck 4 5 7 FAmHIt 3 7 Marlton 2' 3 -V4 ecCreatC 2Va AudioBC 11 MOST ACTIVE (S1 on MORE) Name Vol(OO) Last Chg Nasd100Tn57042116 13 3 SPDR 48080 DevnE 19442 SPMid 12193 IvaxCp 10538 15 3 7 EKCO 9879 -Ve Nabors 8415 WEBJpn 8269 13Va PaxsnC 6757 DJIADiam 6256 111V4 DIARY. Advanced 283 Declined 253 Unchanged 1 83 Total issues 719 New Highs 17 New Lows 26 Volume 37,925,620 GAINERS ($2 OR MORE) Name Last Chg 8X8 Inc 3 SunStarh GzymSrg 5 3 Webhire Ramtrnsh 3 3 KushLk ThomMB 2 Roberds 2 Toymax 8 3 CryoCell 5 1 A 3 LOSERS ($2 OH MORE) Name Last Chg Ligandwt XOMA OxboroMs 3 DigVid sh 3 1 LigandB PTIHold CEurMda NatWndr ExdHnd UnrylTwl -Z MOST ACTIVE OR MORE) Name Vol(OO) Last Chg DellCptrs331184 41 Va -Vie Microsfts 258733 ETrades 179593 30V4 Intel 163598 79 7 QwestCms144141 Cisco 141471 3 Amazon 1 1 831 4 1 09 Oracles 117262 37Vie -2 eBaylncs 114891 SilverStrn 90185 31 Vz DIARY Advanced 2,028 Jeclined 1,727 Jnchanged 1,348 Totalissues 5,103 Jew Highs 82 Jew Lows 70 Volume 898,386,400 stocks of local interest Name Ex DlvYld PE Last YTD Cha Name Ex AMR NY 10 ATSTs NY, .88 1.8 21 AldSgnl NY' .68 1.1 26 Amazons Nasd AmOnlnes NY 97V2 ANtlns Nasd 2.76 3.8 Ameriteh NY 1.27 1.8 27 72 AmrTrdes Nasd 25Vz Anhsus NY 1.20 1.6 28 ApldMat Nasd Armco NY 8 AtHomes Nasd AIIRich NY 2.85 3.1 54 93'A 3P Amoco NY 2.75 2.3 34 SakrHu NY .46 35 3ellAtl NY 1.54 2.4 33 3ellSos NY .76 1.5 Jfl 4WS Joeing NY .56 1.2 22 46Vz 3uriNSF NY .48 1.6 13 30 BrIRsc NY .55 1.3 -Wi6 Chevron NY 2.44 2.6 67 -Vz Cisco Nasd 64 NY .56 1.2 26 5 Coasial NY .25 .6 20 CocaCI NY .64 1.1 47 ColgPals NY .63 1.3 36 Comcsps Nasd 14 Compaq NY .08 .3 43 -426 ConocoB NY .76 2.9 -1 4 CortBus NY 13 25 CullnFrs NY .70 2.7 15 26te DaMrCn NY 2.50 3.2 JellCptrs Nasd 72 41VB -Vie JeltaAirs NY .10 .2 7 Mlards NY .16 .5 23 Jisney NY .21 .7 39 28V2 towQi NY 3.48 2.7 24 -Vis )uPonl NY 1.40 1.9 60 -Via MeEngy NY 2.20 4.1 16 53Vie -Vis ETrades Nasd 30'A eBaylncs Nasd NY 41 44Vi6 Entergy NY 1.20 4.1 10 Nasd 7B Exxon NY 1.64 2.0 39 FordMot NY 1.84 3.7 10 49'A GTE NY 1.88 2.5 22 76Va GenDyn NY .96 1.6 14 GenElec NY 1.40 1.3 37 GnMotf NY 2.00 3.2 8 Gillette NY .59 1.3 50 GlblCrsss Nasd 32'A -Vis Goodrch NY 1.10 2.8 13 39Vs Goodyear NY 1.20 2.1 22 -Vi6 lallibln NY .50 1.0 taken Amex -3 1 Hlthsth NY -364 HewletiPk NY .64 .6 31 HomeDp NY .16 .3 54 63Vis Honywel NY 1.16 1.0 25 116 INCO NY Intel Nasd .12 .2 37 79 IBMs NY .48 .4 32 IntPap NY 1.00 1.B IntSpdty NY Kmart NY 19 14 money rates Last PvsWeek Prime Rate 8.00 8.00 Discount Rate 4.50 4.50 Federal Funds Rate' 5.00 4.875 Treasuries 3-month 4.69 4.81 6-month 4.92 4.93 5-vear 5.8' 6.02 10-vear 5.9' 6.15 30-vear 6.01 B.24 YTD DlvYld PE Last Chg Kroger NY 23 -21. 1 LTV NY .12 1.9 Landtys Nasd -Vie Lucent NY .08 .1 62 Bfflft -Vis MClWrld Nasd 7 MicmT NY -Z'ViS Microsfts Nasd 59 MMM NY 2.24 2.3 31 -Vi6 MlchlEA NY .48 2.4 Mobil NY 2.28 2.1 55 106Vifi Monsanto NY .12 .3 7 Motorola NY .45 .5 93 NasdIOOTnAmex 37 NtWnLI Nasd 9 93 -209 Navistar NY 6 -1Va NextelCm Nasd Oracles Nasd 43 STVis -2 NY 1.20 4.0 16 30Vi6 Penney NY 2.18 5.1 20 42Vi6 7 PepsiCo NY .54 1.4 26 37'A -1'A Plizers NY .32 .9 39 PhilMor NY 1.76 4.8 16 -310 PhilPet NY 1.36 2.6 Praxair NY .56 1.1 19 QwestCms Nasd 3WiG RalsRP NY .40 1.4 22 26 RedHatn Nasd 67'A -714 ReliantEn NY 1.50 5.6 HeyMtl NY 1.40 2,0 68ft 7 RoylDut NY 2.80 4.3 65V4 SBC Com NY .98 1.8 28 Sears NY .92 2.3 14 -We Shemin NY .48 1.8 16 -Via -94 Snoney NY SilverStrn Nasd 31 1 00 Solutia NY .04 .2 11 SonyCp NY .41 .3 32 SouthnCo NY 1.34 5.1 18 26 7 -90 SoUnCo NY 2.16 86 -151 StatnCas NY StwStv Nasd .34 2.8 12 -Vis StewEnt Nasd .08 1.3 6 SunMics Nasd 48 -'ft TNP NY 1.16 3.1 16 4te TRW NY 1.32 2.5 20 TenetHIt NY 20 Tennco NY 1.20 5.6 -Vz Texaco NY 1.80 2.8 78 -1 Texlnsts NY .17 .2 67 -ft TexUtil NY 2.30 5.8 14 -Vie -149 Textron NY 1.30 1.6 22 83 Tidwtr NY .60 1.7 12 35 5 TimeWrns NY .18 .3 -Vt ToddSnp NY 3 5 TriconG NY 12 USXUSS NY 1.00 3.6 14 UCarb NY .90 1.4 33 65Vi6 Unisys NY 31 Unocal NY .80 2.0 WalMarts NY .20 .4 Walgrns NY .13 .5 42 -Vis WsteMInc NY .04 .2 23 -507 XOMA Nasd Xeraxs NY .80 1.6 20 -17! Yahoo Nasd Zapata NY .28 4.1 3 gold, silver oil Change NY Handy Harman 259.65 up 0.65 NY Merc, gold spot month close Tue 262.10 up 1.20 Handy i Harman silver Tuesday 5.275 up 0.015 NY Merc silver spot month Tuesday 5.258 up 0.016 LIGHT SWEET CRUDE 1, 000 dollars oerbbl. SOD 99 Dec 01 21.74 IB na 4- Est.

sales 196.129 Mon's. sales 134.423 mutual funds Total Assets Total Pet Min Init Name (SMIns) NAV 4-wk 12-mo 5-year Load Invt Fidelity Invest: Magelln GR Vanguard Idx Fds: 500 Gl American Funds: Wsh Gl American Funds: ICA Gl idelity Invest: Grolnc Gl Fidelity Invest: Contra GR Amer Century Inv: Ultra GR Vanguard Fds: Wndsll Gl Janus Fund CP SMiR Funds: Eqlnc El Funds: GrthT GR Funds: Balan 8L 94,598 125.98 3.00 2,500 90,905 124.41 NL 3000 57,149 35.01 5.75 250 53,236 33.51 5.75 250 48,600 NL 2,500 42,743 61.66 3.00 2500 33,612 36.40 NL 2,500 33,573 31.39 NL 3000 31,774 39.55 NL 2,500 215 29.66 5.75 100 205 6.23 5.75 100 27 20.10 5.75 100 CP Cap Apprec. El Equity Inc. Gl Growth Inc. GL Global.

GM Gen Muni. GR Growth. HM Hi-Ykl Muni 8 Intern Inv-Grd Corp. IL Internal. LG Long Govt.

MC Midcap. MG Mortg. MP Stock Bd. SS Singl-St Juni. Total Ratn: Chng in NAV with vidends reinvested.

Rank: How tund performed vs. others with sm objective- A is in top in bottom Min Init Invt: Minimum needed to invest in fund. NA Not avail NE Data in question NS Fund not in existence, Source: Upper. Inc. Stock Footnotes: Div or earns in Cdn stock in U.S.

$. New in past 52 weeks, pi Preferred, Split or stock div of 20 pet or rnora in past 52 weeks, cc PE over 99. dd loss in last 12 months, rt Rights, Units, a Trading halted on primary market, vj In bankruptcy or receivership, wd When distrfcuted. wi When issued. wt Warrants, ww With warrants.

Mutual Fund Ex cash dMdend. ML No up-lrom sates charge, Fund assets used to pay distribution costs, Redemption or contingent deferred sales toad may apply, Both and Gainers and Losers must be worth at least $2 to be listed in tables at Wt. Most Actfvw rnust be worth at least $1 Volume In hundreds of shares. Source: The Associated Press. -Sates figures am unofficial.

Consumer groups say cable deal violates antitrust laws By KALPANA SRINIVASAN The Associated Press WASHINGTON Consumer groups are asking federal regulators to block bid to buy MediaOne, saying the cable merger would give the company too much control in the markets for cable TV and high-speed cable Internet services. Consumers Union, Consumer Federation of America and the Media Access Project joined luesday in opposing the deal on grounds that it violates existing antitrust laws and federal rules that restrict the number of cable customers a single company can control. With such a large percentage of the market, could block new companies from getting into the cable, business which already suffers from inadequate competition and high prices, say the groups. They fear the company would be able to hike cable rates even more. "This is a failure to aggressively apply antitrust and competitive policy," said Gene Kimmelman, co-director of Consumers Union.

Under an agreement announced in May, would acquire the nation's fourth- largest cable TV company, Me- diaOne, and its 5 million cable TV customers. also wquld acquire MediaOne's 25 percent stake hi cable systems owned by Time Warner the nation's largest cable TV company. The deal would lead to which recently took over the na- tion's No. 2 cable TV company, Tele-Communications becoming the nation's largest cable TV provider. According to an economic analysis by the consumer groups, would have a 57 percent market share of homes with ite ownership stakes in var- ious cable companies.

The Federal Communications Commission has a cap limiting a company's share of total cable households at 30 percent, but the rule has not been enforced. The FCC is expected to review the ownership restrictions this fall. Stocks end higher as consumer price report reassures investors By EILEEN GLANTON The Associated Press NEW YORK Another late afternoon rally propelled stocks higher Tuesday after news of a mild increase in consumer prices suggested that the Federal Reserve might raise interest rates only modestly when it meets this month. The Dow Jones industrial average rose 70.29 to close at 11,117.08. Earlier in the session, the blue-chip index fell as much as 35 points from Monday's close, but traders blamed Hewlett Packard for most of the decline.

The nation's No. 2 com- puter maker fell as investors took profits following a solid earnings report. Broader stock indicators ended higher after trading in a narrow range for most of the day. The Standard Poor's 500 rose 13.39 to 1,344.16, and the Nasdaq composite index rose 25.94 to 2,671,22. Stocks initially rose after-the Labor Department said its Consumer Price Index, a closely watched gauge of inflation, rose 0.3 percent in July.

That matched analysts' expectations, and raised hopes that the Fed will take a moderate course in setting interest rates. Texas City-La Marque Chamber of Commerce Annual Shrimp Boil and Dance Saturday, August 28 Nessler Park Rotary Pavilion Texas City Featuring PEE WEE BOWEJV oSrSSj 111 Courtesy of STERLING CHEMICALS Sponsored by BPAmOCO Advanced tickets: $18.00 per person At the event: $20.00 per person Includes 1 shrimp dinner and 2 drink tickets No Refunds Serving time 6:30 p.m. 8:00 p.m. Dance 7:00 p.m. to 11:00 p.m.

ARCOO HVAC MaMml MMfcaIG COMMOT Center For rickets Contact: Tens City-La Marque Chamber of Commerce (409) 935-1408 or 1-888-860-1408 ADVERTISEMENT Marine log Marine Log Is a column devoted to matters of interest to the Galveston area maritime community. Please send marine-related news to Marine Log, The Galveston County Daily News, P.O. Box 628, Galveston 77553, or phone (409) 683-5241. Port of Galveston Kaitlin, Smith-Hamm repairs, Pier CO. Nan Hai 502, Smith-Hamm repairs, Pier 14 East.

Plunder, Smith-Hamm repairs, Pier 14 East. Miss Eileen, Coastal Hydro Services, launch service, Pier Lindsey Coastal Hydro Services, launch service, Pier Peggy Lea, Coastal-Hydro Services, launch service, Pier Del Monte Packer, Fillette-Green Shipping, duscharge bananas, Pier 18. Ocean Star, Offshore Energy Museum, tours, Pier 19. Liberty Wave, Global Steamship, inspection, Pier Creda, Riomar Agencies, discharge cement, Pier 28. Sanko Robust, Riomar Agencies, discharge cement, Pier 28.

Fairbanks, Barwil Agencies, load grain, Pier Rig Ocean New Era, Diamond M. Offshore repairs, Pier 34. Barge MCD-208, Diamond Offshore, repairs, Pier 34. Spirit, Holman Shipping, relief cargo, Pier 39 North. Emily Adams, Houston Marine Services, supplies, Pier 39 South.

HMS-115, Houston Marine Service, supplies, Pier 39 T-Head. HMS America, Houston Marine Service, supplies, Pier 39 T-Head. Rig Rowan Midland, Rowan International, repairs, Pier 40 T-Head. Western Hercules, Cans Transport, lay, Pier 41 T-Head. Western Voyager, Gans Transport, lay, Pier 41 T-Head.

Western Sea, Gans Transport, lay, Pier 41 T-Head. Rig Noram 253, Newpark Marine, repairs', Newpark Shipbuilding. Rig Ocean Prospector, Newpark Marine, repairs, Newpark Shipbuilding. Barge Texas, Newpark Marine, repairs, Newpark Shipbuilding. BOA Barge No.

16, Newpark Marine, repairs, Newpark Shipbuilding. Port of Texas City Bona Rover, G.M. Richards, discharging, Dock 11. Senang Spirit, G.M. Richards, discharging.

Dock 12. Petrobulk Radiance, Rice-Unruh- Reynolds, loading, Dock 20. Florida Bay, Amoco Marine, loading, Dock 38. Sapphire, Gans Trans, loading, Dock 45. Bow Petros, Interbulk, loading, Dock 50.

NCC Jubail, Interbulk, loading, Dock 66. Loves Wrinkle Cream Hates Those Age Spots DEAR PATTY: I love Remember when you wrote about that pharmacist's wrinkle told me to buy a jar? I did and wish you could see how much better my wrinkles and crow's feet my throat looks younger! I love it and recommend it to all my friends. But say, how about helping me with my other awful age spots on my hands and face? Thankful. Madison, Wl. DEAR THANKFUL: I knew you would like the pharmacist's EB5 Wrinkle Cream.

Letters of praise have flowed in ever since my article ran, telling how wonderful EB5 Wrinkle Cream is. To my other readers, go into JCPenney and buy a jar and see for yourself how your skin will feel softer, velvety, firmer and visibly healthier and younger looking! Now, regarding your question about age so glad you asked! I've heard about an entirely new concept invented by Robert Heldfond, the same pharmacist who discovered EB5 Wrinkle Cream. It's for age spots, "liver spots" or other unsightly skin discolorations on the hands and face. Most products in the past only bleached out the skin, but his cream safely helps remove the dark pigments with a natural helps protect against further, darkening. This new discovery is known as EB5 AGE SPOT FORMULA, it's wonderful and I urge you to buy some.

I know you'll love since all EB5 skincare products come with a money-back guarantee of satisfaction and are available in JCPenney cosmetic departments, you can't go wrong. NOTE: To learn more about EB5, call toll free 1-800-929-8325 or visit our website: www.eb5.com. 01995 EBS CORP. Jazz Up Your Interest Rate Open a HexRate Fund account today! Lose find f' 4 jacts- the with tax training from Block! We cover everything, from completing a basic 1040 to the skillful handling of complex schedules. Learn about recent changes in tax laws, as well as proven tax- saving strategies.

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About The Galveston Daily News Archive

Pages Available:
531,484
Years Available:
1865-1999