Star Tribune from Minneapolis, Minnesota • Page 32

yjT im, i r-Trnriri 40 ThursdayJuly 21992Star Tribune MARKETS UPDATE July 3" f-i J'f'T'lliV'Tg 1,1992 Yasttrdsy's volume 214,250,000 What NYSE did: Wed. Tue. Advanced Declined Unchanged lasuea Traded New High New Lows J217 1004 548 727 506 2271 2304 75 56 26 36 NYSE Index: Close Chng. Composite 226.75 2.42 Financial 180.27 1.91 Industrial 281.06 Transportation 203.71 4.03 Utility 98 07 .76 Yesterday's volume 186,082,600 Most active Vol. (000) Last Net 2 Vi 2 Glaxo a ,.3184 25 3016 76 2965.34V 2766 9 265 46 2579 12'A 2075 49 1978 53 -1777 4334 PhllMr Waste" RJR Nab TelMox a Brdlees CocaCI Merck WalMt Most active Vol.

(000) Last Net QudkOI Oracle TICmAr FtFedBc Novella Ul SunMicf TelMexY Intel 7974 5 -7028" 17 "3362" 1876 12 1833 55V4' 7t 1829 9'4 6 2 2 1 2 i 1641, 26V4 1616 2ie 1425''58 yt '1410 72 Micsfts Gainers Last Net Pet. GulfUs Dycom Rymer Halwod Toaat n', HospSt Unit'" Seitelb Knogo MrgFn a 2 4 2' 4Vi 31.3 21.4 "167 161 14.7 145 14.3 125, 12.2 10.8 9 VA 7 1 5Ye Ve 14V Vt Gainers Last Net Pet. CSM En NtlSavba LRex Clro Cedarl LNCTwt AudSci FAIban a Infnw'wt NDC Aut a .2 1 i 29 73A 6" 3 57.1 35.2 33.3 33.3 30.8 3V4 2. 7V4 2 2 V4 Vs 1 Vi 300 26.7 24.0 .23.1 22.2 What OTC did: Wed. Tue.

Advanced 1290 1522 Declined 1070 693 Unchanged 2458 836 Issues Traded 4818' 4251 New Highs 72 87 New Lows 65 REGIONAL STOCKS Nam? Lot Net Pet. BMC 7 8.9 HlthRtk 6Vi Vi 83 Shuldl 5 7.5 POMit 7 Vi 7.4 Fortlt 11 7.3 Cs-rldann 14 1 7.2 Lundlnt 5'i 6.8 SupValu 25 1 6.8 Noretan 12 6.7 InvSav 12! 6.5 Nm Lt Net Pet Reshln 3 V4 11.8 CybrOpt 4 Vi 9.5 FSIInt 5 Vi 9.1 MedQr 8 7.9 FtTaam 1 10 7.0 Orthmt 5V. 6.8 Uctec 7 Vi 6.1 Bloplat 2 Ve 53 Toro 13V 4.5 UltraPc 11 4.3 Nam. Vol. (000) Lit Ntt QrenTr 398 32 Scimad 387 56 Vi Norwat 291 38 MMM 289 98Vi 1Vi SWude 281 37V GnMilla 266 6734 Va NtwkSy 221 10 Pentalr 191 367a Ve SupValu 191 25Ve 1 Honwel 182 69V4 3 Nam.

Pet Lil Nl AudKng 4.4 Vis GranTr 32 32 V4 Scimad 2.6 56 FtTaam 2.3 10 Damark 1.9 9 'A Pantair 1.8 36 Aaqutm 1.1 115n Vie SportTc 1.0 1 GVMad 1.0 'Vie LaarTch .9 6 Vi Pet MlePr 2 T.Vlf J. 5 Diagnst 11 -'iv" 8.7, Losers Last Net Pet. QudkOJ CBLMd wt 5V'. 2Vie 7 3 4 2 1034 2 54.5 28.3 27.3 25.0; 22 2 20.8 20.8 20.4 20.0 'Vie -'2 1 1 Vt 234 Sequol AConsu Capx wt Servtex Tekelec Envirfl 1 AdNMRwt 20.0 611.40 1.14 6.92 535.35 Corp. Losers Last Net Pet SunEI 6V 2 29.7 CarlPlsn 4 1 25.6 SystCt 6 250 CalFedl 3 19.4 GMH Deltona 2 11 1 Gltario 5V7" njg BrazEFn 11V 1 10.1: Gold rose to Silver unchanged West Texas $2160.

$One U.S. 0.5249 DM 1.5208 1 25.28 1.2020 OTC Indexes: Close Chng. NASDAQ Comp. 568.99 5.39 NASDAQ Ind. 607.90 6.25 NASDAQ Fin.

671.32 5.30 NMSComp. 2.39 NMSInd. 'v- 243 30 251 Upper Growth Fund Index The Lipper Growth Fund Index measures the daily performance of the 30 largest growth mutual funds. Yesterday's volume 10,508,500 AMEX closing index up 3.73, up to 383.01 Most active Vol. (000) Last Net dollar yesterday equaled: British pounds, down from 0.5260 German marks, down from 1 .5243 1 Japanese Yen, down from 1 25.77 Canadian dollar, up from 1 ,1975 1 1 1 1 Jun.

1 1 Closing Value Percentage for the day Value change for the day 1 year ago Source: Upper Analytical Securities 650 1 1 1 1 1 1 1 575 550-; 0 i Apr. May $344.30 per ounce from $343.10. at $4,030 per ounce. Crude rose to $21 .85 per barrel from Stock market ChDvAe FruitL Alza a Han wtB InCom a PegGId Elan Sulcus EchoBy Hasbro .498 6 437 33 367 46 351 Vie G39 4Vie 325 15 311 39" 267 240 5 6 232 29 If the figures point to continued sluggishness in the economic recovery, the Fed would presumably have a new incentive to nudge short-term interest rates lower. "Nonfarm payroll employment should show its fifth consecutive monthly gain in June," said Peter Greenbaum at Smith Barney, Harris Upham Co.

"However, this increase, like the May preliminary data, should be quite modest." Those expectations were reinforced Talk of moves by the Fed to ease credit helps push stocks broadly higher Nasdaq over-the-counter trading. The computer software company estimated a sharp drop in earnings for the quarter that ended Tuesday. Among other leading OTC technology stocks, Novell gained 2 to 55'; Intel 1 to 58; Microsoft 2 to 72, and Oracle Systems 2 to 17. Late Tuesday Oracle reported sharply higher quarterly profits. Securities-industry issues advanced as the bull market for stocks and bonds showed signs of reviving.

Mor Financial stocks in the Minnesota Stock Index increased 2 percent and utilities were up 4 percent. Gains from last year's market rally have not eroded, however. Compared with a year ago, the Dow is up 14 percent, NASDAQ stocks are up 18 percent, and the Minnesota Index is up 6 percent. The only local industry group that has not fared well is retail stocks, down 9 percent for the past 12 months. ziegler Close 3.41,412.88, 0.83 4201 415 410 405 400 8.309 10 11 12 1 2 3 Market opens Twin Cities time Market closes Open Close Chng.

i 30 Ind. 3323.87 3354.10 35.58 20 Tm. 1320.07 1341.37 25.60 I 15UM. 210.75 212.44 1.31 65Stk. 1167.26 1180.23 14.86 Close Chng.

,568,65 t3. 5 714.69 5.67 I Comp. Ind. Mfg. Utility Food Finance Tech.

'227 03 1570.65 17.98 fc 51691 506.33 4.36 Yesterday's closing in London, and Tokyo. i LONDONThe Financial I i Times Stock Exchange Index of 1 00 issues closed down 27.3 points to 2,493.9 FRANKFURTThe30- j-share DAX index rose 3.63 I points to 1,756.26. TOKYOThe225-share I r-Nikkei average rose 373.34 i Ui points to 16,325.07. gan Stanley rose 1 to 51V; Merrill Lynch to 51; PaineWebber Vi to 22; Bear Stearns Vi to 17, and Charles Schwab to 24. Louisiana-Pacific, up 'A at 46'i, touched a new high.

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Call 1-800-752-8033 68 1701 93rd Lane N.E. Minneapolis, MN 56434 Fhone (612) 780-8033 Fax (612) 785-7963 I trnma VSA Associated Press New York, N.Y. of possible new credit-easing by the Federal Reserve Board helped propel stock prices broadly higher Wednesday, reviving a rally that began Monday. The Dow Jones average of 30 industrials climbed 3S.S8 to 3,354.10, bringing its net gain since the end of last week to 71.69 points. Advancing issues outnumbered declines by more than 2 to 1 on the New York Stock Exchange.

Volume on the Big Board came to an estimated 214.24 million shares as of 4 p.m. EDT, against 19S.S2 million in the previous session. As the Fed's policy-setting Federal Open Market Committee met this week, analysts have been debating the chances for new moves to ease credit conditions. Many observers believe the decision stands to be influenced heavily by the latest data on the employment situation, scheduled to be made public today by the Labor Department. Dow Jones index up for quarter, others down I publishes at midyear.

Among some others, BankAmerica rose Va to 443; Chemical Banking to 37; AutoZone to 29; Forest Laboratories 1 to 33, and Royal Dutch Petroleum 1 to 88. Bradlees ranked among the volume leaders, trading at 12'2 after an initial public offering of 1 1 million shares of the stock by Stop Shop Cos. at 1 3. Quarterdeck Office Systems plunged 6 to 5 as the most active issue in A modest 1.1 gain was recorded by the Standard Poor's 500 composite index and the New York Stock Exchange composite index, which rose 0.5 percent. The decline in Minnesota stocks was much more widespread than in the first quarter, when a large drop in medical stock prices brought the index down.

All industries except financial and utilities retreated during the second quarter. Medical issues fell another 9 percent after an 18 percent plunge in the first quarter. Manufacturing and technology issues, which both increased in the first period, fell 3 and 1 1 percent, respectively. Food company stocks fell 5 percent the second consecutive quarterly decline. Industry groups in Dain's index performed similarly, although percentage changes were somewhat different.

"We're seeing some market correction among manufacturing stocks, which had been strong earlier in the year," said Paul Combs, senior vice president and director of research for Dain Bosworth Inc. "Although food stocks corrected further, they could be bottoming out 'and getting ready to make a comeback. Technology stocks seem to follow more of a seasonal pattern, performing spectacularly in January when earnings expectations are overly optimistic, followed by a softer summer," Combs said. when a monthly report from a trade group of corporate purchasing executives showed a dropoff in the pace of the manufacturing sector's growth last month. Gainers yesterday among the blue chips included Philip Morris, up 2'i at 76; Merck, up at 49; IBM, up Va at 98'A; Boeing, up VI at 41 and American Telephone Telegraph, up 'A at 43.

IBM was one of the stocks chosen by Shearson Lehman Brothers for the annual "10 uncommon values in common stocks" list it That marked the second consecutive quarterly decline in the Minnesota Stock Index, bringing its aggregate value down 9.2 percent for the first half of the year. By comparison, the broad-based NASDAQ Composite Index fell 6.7 percent for the quarter and is down 3.8 percent for the year. A majority of stocks in the Minnesota Index are traded on the NASDAQ. Dain Bosworth's Regional Index of stocks in the Upper Midwest, which hasn't registered a quarterly decline since 1990, fell 2.1 percent during the second quarter. Public offerings Funco Inc.

said it filed a registration statement with the Securities and Exchange Commission for the offering of 1 million shares of its common stock at $5 per share. The charge am cnM Kv tho vimna- ny tne proceeds will be used to reriav short-term debt, finance the opening of more retail stores, and for other general corporate purposes. Funco provides interactive home entertainment, primarily through the purchase and sale of previously played Nintendo and SegaGenesis video games together with related hardware and accessory items through its FuncoLand stores and mail order operation. The offering will be underwritten by Miller, Johnson Kuehn Inc. Treasury bonds and notes Minnesota's First Discount Brokerage Service Since 1973 Providing Investors With Quality Service And Substantial Commission Savings For information call 333-4206 Outside Twin Cities call 1-800-328-4854.

706 2nd Av. Suite 1000, Minneapolis, MN 55402 By Glenn Howatt Staff Writer The best-known stock market index, the Dow Jones Industrial Average, finished the second quarter with a 2.6 percent increase, but broader stock market gauges fell. For example, the Star Tribune's index of 125 stocks of Minnesota-based companies dropped 8.3 percent. Bid Rate Mat. Dale 7.63 Apr 96 7 38 AAav 96 Bid Asked 105-29 106-01 105-02 105-06 105- 30 106-02 106- 25 106-29 106-24 106-28 106- 25 106-29 104-15 104-19 103-17 103-21 107- 05 107-09 103- 00 103-04 104- 11 104-15 101-19 101-23 100-06 100-10 M7-D7 107-11 Chg YW .03 5.90 .02 5.94 .03 5 89 587 7.63 May 96 7.88 Jun 96 7.88 Jul 96 jui 7.25 Aug 96 96 96 96 96 96 96 96 97 97 97 97 .03 6.02 6.04 6.07 6.07 5.98 aap 6.50 Nov 6.13 Dec 8.00 Jan 6.25 Jan 6.75 Feb 6.88 Mar a.

iv .03 6.08 .02 6 0S .03 6.15 100-12 100-j J. 18-25 6.12 109-08 109-12 .04 6.23 102-19 102-23 .03 6.24 6.88 Apr 97 8.50 May 97 8.50 Apr 6 75 Mav 97 OV-09 109-13 02-01 102-05 00-16 100-18 09-11 109-15 .03 6.26 .03 6.26 .03 6.26 .30 jun 7 .30 JUI 97 li 97 98 11 6.30 til a.aa 7.88 a. 13 7.88 7.00 9.00 Nov Jan Feb Apr 111-04 111-08 .04 6.39 Mav Mav 111-24 111-28 .03 4 55 iteil I i -os .9 3 50 0.88 jui Nov Nov Jan 111-08 111-12 93-19 94-19 .04 4.67 .04 6.68 in S4 .04 6.81 4.68 6.3a 8.88 7.00 .50 .13 8 00 7.88 7.88 Fab Aor 99 VB-13 98-17 -f- 111-10 111-14 101-20 101-22 mi I May 94-99 3uTv Aug 99 nwl 106-19 106-23 NOV Feb 95-00 Feb 00 Mav 00 .04 6.86 .02 6.03 .04 6.91 a. mi in 109-08 109-12 4- IM- I 11)41- IA Aug 95-00 I l-M 111-20 .06 6.95 11 Feb Feb May Mav Aua 8 109-07 109-11 06 71 IU4-I6 29-31 130-03 105-30 06 7.1 139-17 139-21 104-30 105-02 104-20 104-24 .06 .07 .06 00 Aug 96-01 81 01 42-UV 02-14 NOV Fab itS 10.75 10.7S 11 Mav 02 02 149-09 102-27 59-10 NOV 02 Fab 03 May 03 ftp1; 83 12.38 May 04 H2 fie! 81 8.25 Mav 00-05 12.00 Mav 05 10.75 Aug OS 07 4. -li 4- Si 27-14 .05 y.a reo .38 Aug .75 Nov -07 02- 07 03- 08 03-08 a -09 -09 103-14 4- .01 06-30 .06 9.13 Mav 122-22 4- 12-21 lu.a nov 11 75 Fmb 10.00 Mav 05- 12.75 Nov 65- 85-18 133-31 .08 1 BB May 06- 14.00 Nov 06- 10.38 Nov 07 12.00 Aug 08 lis Mar ft "VI- I I 4- 56-01 .10 24-24 .10 39-31 .94 52-21 .15 V.li So -'4 10.63 Aug 15 9.88 Nov 15 Feb 16 .25 Mav 16 130-09 122-09 15-19 94-05 96-25 7.H NOV 75 May 8 88 Aug ovv 8 88 Feb IP-12 11-28 .07 .11 .09 1.50 Feb 20 07-1 8 75 Mav 20 10-S 8.75 Aug 20 110-3 7.88 Feb 21 joo-i is r.y i OO Nov 21 102-i Notes, wl Whan Issued, 8.13 Aug 19 07-27 10-26 10-27 01- 01 02- 26 Accelerated Performance At A Price That Won't Set You Back Bid Rait Mat.

Dalt Bid Asked Chg Vld 10.3 Jul 100-07 100-10 jO 1.45 too Jul 92 100- 1 100-14 ill Aug 17-91 98- 0 99-10 19 61 25 Aug 92 100- 3 100-16 3.5a (i Aug 92 100- 5 100-lt 3.49 .25 Aug 92 100- 6 1O0-19 .01 3.57 .13 Aug 92 100-22 100-25 .01 3.49 .13 Sap 92 101-02 01-05 3.49 .75 Sep 92 101-07 01-10 3.51 .75 Oct 92 101-22 01-25 .01 3.50 .75 Oct 92 101-09 01-12 3.47 75 Nov 92 101-14 01-17 3.69 i.ja Nov 92 101-21 01-24 .01 3.70 .50 Nov 92 102-13 02-16 .01 3.65 3a Nov 92 loi-is oi-ia 3.6a .25 Dc 92 101-22 01-25 .01 3.70 .13 Dc 92 102-19 02-22 3.69 .75 Jan 9 102-18 02-21 3.77 .00 Jan 93 101-24 01-27 .01 3.85 4 00 Fat, 88-93 99-14 00-14 4.94 6.75 Fab 93 101-24 01-27 3.81 7.88 Feb 93 102-12 02-15 3.91 25 Fab 93 102-19 02-22 3.89 38 Feb 93 102-22 02-25 3.89 10 88 Feb 93 104-06 104-09 3.85 4.75 Feb 93 101-27 101-30 .01 3.87 .13 Mar 93 02-09 102-12 .01 3.93 .63 Mar 93 04-03 104-06 3.90 .38 Apr 93 02-19 102-22 3.94 Apr 93 102-12 102-15 4.01 Mav 93 02-32 103-03 4.04 1.63 May 93 103-27 103-30 4.03 10.13 May 93 105-03 105-06 4.04 4.75 May 93 02-11 102-14 4.07 J.OO Jun 93 02-24 102-28 .01 4 07 1.13 Jun 93 03-29 103-32 .01 4 05 7.25 Jul 93 03-05 03-08 .01 4.07 .6.88 Jul 93 02-26 02-29 .01 4.15 ..00 Aug 93 04-03 04-06 4.1 63 Aug 93 04-24 04-27 4.19 ft Aug 93 04-29 04-32 .01 4.19 11.88 Aug 93 08-09 08-12 .01 4.15 4.38 Aug 93 02-13 02-16 4- .01 4.21 2.13 Sep 93 02-07 02-10 4.26 25 Sep 93 04-25 04-2 .01 4.24 7.13 Oct 93 03-15 03-18 4.31 ,6.00 Oct 93 02-03 02-06 -4- .01 4.34 7 75 Nov 93 04-13 104-14 4.37 1.63 Nov 93 05-17 105-20 .01 4.3a 5 00 Nov 93 06-02 06-05 .01 4.36 11 75 Nov 93 1CBV21 09-24 4.3 5.50 Nov 93 101-16 01-19 .01 4.39 1.00 Dec 93 100-26 00-29 .01 4.44 7 63 Dec 93 104-18 104-21 .01 4.41 7 00 Jan 94 103-21 103-24 .01 4.50 4 88 Jin 94 100-17 100-20 4.52 88 Feb 94 03-17 03-20 .01 4.58 188 Feb 94 06-20 106-23 .01 4.56 fOO Apr 94 103-30 104-01 4.66 48 i A loo Jun 94 loo-ll 00-13 .91 4.eJ 50 Jun 94 106-30 07-02 -I- ill 4.80 00 Jul 94 106-02 06-06 4.82 6 88 Aug 94 103-29 04-01 .01 4.90 i'63 Aug 94 107-12 07-16 .01 4.90 iH sts it mi 1 50 Sep 94 107-12 07-16 .01 4.97 950 Oct 94 109-16 09-20 .01 .02 1 00 Nov 94 102-03 102-07 .01 .04 1 25 Nov 94 107-00 107-04 .01 .06 iS'lf Nbv 94 111-07 111-11 .02 .04 11 63 Nov 94 114-13 14-17 .01 .06 1 i I ISO Fab 95 00-22 00-26 .01 2 75 Fab 95 06-05 06-09 .02 i .20 10 Eeb 95 112-2J 12-30 li 10 3t MV 95 113-14 13- li .01 25 Kn ZM r.tt I I BSv fl-J mi li 11 NOV 95 17-26 17-30 .62 I .60 750 Feb 96 05-18 05-22 .02 .79 -Get 486 graphics speed performance from your 386 for only $249 7 times faster Windows performance. VidTech WinMaxtrraDhics accelerator MEN'S AND WOMEN'S SUMMER APPAREL makes Windows perform 7 times faster than other Super VGA boards. With the widespread use of Windows 3.1 and its graphical user interface, comes an increased demand for faster Windows performance. Enter WinMax. Utilizing a Weitek WS 186 graphics processor, the WinMax accelerator is specifically designed to perform the graphics functions Windows demands at dramatically increased speeds.

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