The Salina Journal from Salina, Kansas on October 10, 1996 · Page 8
Get access to this page with a Free Trial

The Salina Journal from Salina, Kansas · Page 8

Publication:
Location:
Salina, Kansas
Issue Date:
Thursday, October 10, 1996
Page:
Page 8
Start Free Trial
Cancel

THE SALINA JOURNAL Money THURSDAY, OCTOBER 10, 1996 C3 T HEALTH INSURANCE More employers want to pay less BRIEFLY 40 percent of employers want Workers to pay at least half the cost of health insurance By Bloomberg Business News WASHINGTON — More than 40 percent of employers say their businesses should contribute no more than half the cost of health coverage for their employees, a survey says. At a time when federal and state governments are trying to move welfare recipients into the work force, employers favor making workers pay a large share of the cost of their health coverage, according to the survey by the Economic and Social Research Institute, a Washington-based research group. Jack Meyer, an economist and an author of the report, called the findings "disturbing," especially in light of federal and state efforts to move people off welfare and disqualify them for government Medicaid health coverage. The survey of 601 businesses of all sizes also found that employers feel less responsibility "If we're going to have an employer-based system, the employer ought to pay most of the premium." Jack Meyer economist and author of report by the Economic and Social Research Institute toward paying for coverage of family members than they do for workers. The study is consistent with earlier reports that show employers scaling back their coverage to help bring rising health costs under control. The reports show a decline in the percentage of workers and dependents who get their health coverage through their employers and a drop in the number of workers whose health- insurance premiums are fully paid by their employers. "These trends indicate a chipping away at the edges of the employer-sponsored health coverage system which traditionally has been the anchor of health protection in this country," the new report concludes. The report is based on a survey of 601 businesses of all sizes. It found that 9 percent of employers support paying the full cost of employee health coverage and 42 percent believe employees should pay 50 percent or more of their premiums. Meyer says low-income workers can't afford to shoulder hah" the cost of a $5,000 health insurance policy. "If we're going to have an employer-based system, the employer ought to pay most of the premium," he said. More than 140 million Americans get their insurance through the workplace. Last month, the American Hospital Association released a study that said the number of Americans without health insurance will increase by 6 million between now and 2002 as employer health coverage declines. A poll by the hospital trade group released Wednesday said that 42 percent of Americans surveyed fear they will lose their health insurance within three years. NEW YORK STOCK EXCHANGE Nime ACE Lid ACMSc ADT AMR AT&Ts Aames s AbtLab AMD Aetna Inc Aetna pIC AlrProd firTouch AlberUn Mean Alcatel! AlcoSt i AlexAlx AllegTeldy Allegnc n Aldslgnl Allstate Alltel Alcoa Alyn niza 4'maxG AmerOn s ABrand AHome s AmlntQ AmMdRs Ahietitch ftmOCO Amre Anadrk Analog s Anheus s AlinTayl Apache Aprla ArchDan AtdenRIt n Arm co AtowE Asarco Ashland AtlRlch AuQ&t AutoDt s AutoZone AVnot Avons Attar iCEg BWIP BakrHu BallGE BancOno BkBost BkNYs BankAm BkAm pIM BankTr Barnett s BarrlckQ BallMI BauBchL Baxter BayNtwk s BellAtl BellSo BeloAH BenetCp feirkHa A BerkH B n BestBuy BethStl Bevrly BlackD BIckHR Boeing BorgWAu BostEd BostSc Brlnker BrMySq »*V"J~1 BfwnFr (jjirlNSF CMLGp GUC Intl Cabletrn Cadence s CallGoll ffiampSp CdnNRy pp CdnPc g CardnHIt GqrnvCp CaroPw CaseCp Qaterp CenSoWst QnTrnRtl Cerldian Qlimpln GhaseM ChkPt s Chevron Chlquta Chryslr s Chubb s CINergy CircCty Citicorp ClalrStr s Coachm s uOcaCE Colemn t GolgPal SolHCA CPsyc CmpUSA s Compaq CmpAsc s Cmptvsn ConAdr vwiinii' Gqnrall Dlv. PE Vol. Last Chg. - A - A • .72 9 4860 56% — % .90 2521 854 — % 20 8210 19 — % 17 6986 82% — % 1.32 61027 39% .2024 4153 5254—1% .9621 12126 49%— P/4 4313060 15% — % .801712487 67%— 1% 4.76 2971 71% — % 1.1 18 2575 59% 7936012 26 -% .6022 4148 43 + % .60 17 6760 2954 — % .310 3991 17% +'/4 .5629 2675 47%— 1% .1021 3145 16 +Vi 2725 23% —44 15925 1754 + % .90 19 7046 64% -% .8511 10741 5154 — % 1.04 16 3787 29 + % .90a 19 11603 5554 — % 28 4977 27 H -— '/4 4584 5% — % 9626562 26% +% 2.0 16 7657 47% — % 9014x5994 4654 % 1.64132 9679 63 — % .4018 4362104% +% 41 7142 30%— 4 2.1216 9112 56 — % 2.61710333 73% +% 1.019 3817 39 — % 3561 12 —154 30 76 3141 61 % % 21 7002 27% — Vi .9618 5233 38% —Vt 14307 1954 + 1% .2846 6013 32% 16 9971 20 Vi + % 4352 1654 + '/4 ,20b 16 10320 19% 4065 22% +% 11 3170 46% + 1% .80 5 4094 24% — 1 1.1 37 4046 41 % 5515 2957 12954 —54 [4027 4917 43'/4 25 8671 27*— 1'/4 niWU OTHER INDEXES mtJ^M •• STANDARD & POOR'S 500 INDEX . g. QQf| £*O STANDARD & POOR'S INDUSTRIALS Oj^JOU-O^l NEW YORK STOCK EXCHANGE '.• ' OVER-THE-COUNTER EXCHANGE ' AMERICAN STOCK EXCHANGE, : , : CHANGE: -36.15 VOLUME i nw- e; QI s ol N ^ SE 4 P ' M> REVISED VOLUME LOW: 5,91 5.34 N ^ S ' E AFTER . HOURS VOLUME StockdatabyThe Associated Press ^^ noNfiOL , OATpD ^ UMP Call COMMUNITY line TOTAL CONSOLIDATED ISSUES TRADED •:*4iS«IiIil ISSUES HIGHER IN PRICE STOCK QUOTE /Category 9000 ISSUES LOWER IN PRICE RNANCIALS/ Category 7500 ' ISSUES UNCHANGED' '^ -'-,., 1 0 MOST ACTIVE STOCKS 696.74 +3.90 822.88 +4.47 371.35 +2.16 1237.98 +2.17 580.10 +1.91 405,957,242 2,492,758 500,250,850 3,250 878 1,470 902 NEW YORK STOCK EXCHANGE AMERICAN STOCK EXCHANGE : OVER-THE-COUNTER Name Volume Last Chg. Name Volume Last Chg. Name MIcmT 119164 32% + % ViacB 12117 37% — % Intel AT&Ts 61027 39% ICQCom 12090 19 -1 TeleComA LSILog 53755 2554 +1% CheySoft 10798 30% + 1-16 lomegas Lucent n 52783 47% +1% IvaxCp 8646 15% + % Cisco s PepsiCos 45741 28% — Vt TWA 5541 8% — % Intel wt Motorola 43328 49 + Vt PaxsnC 5390 854 — % Arakls BethStl 41668 8 SPDR 52886919-32—35-64 Etetrglss AlrTouch 36012 26 — % EchoBay 4071 8% — % Atmel Hmstke . 34844 14% + % RoyalOg 3633313-16 Lasonn TlmeWa 32957 41% +1 Haibro 3470 38%— 1% ApldMat 1.1625 2357 49% — % 5371 8% +% Conseco s .25112 4865 4954 +% FMCG pi 1.75 6602 2954 — % Kellogg 1.66121 4599 66% + 1V4 . B-B- ConEd 2.0810 2582 28% -'/4 FMCG .90 3770 30% Kellwood .6014 80 18% +'/< 272 5397 43%—% CnStor 41 2352 41%— 1% FresenM n 30346 24% — % KentEls 19 4930 25% + 1% 4414 2340 14% +% CIIAIr B a 4 4686 22%—% FrontrCp .8517 3769 26%.—% Keycorp 1.5213 3622 44%—% ' .4630 5661 32%—% Cooper 1.3215 4317 4154—% -Q-Q- • KlmbClk 1.8415 5557 85 — % 1611 2657 2554 — % CooprTr .3016 2429 2054 — Vi QPU 1.9410 3218 32 — % KoreaM n 3400 1354 — % 1.36b13 7645 4054 CoramH 2538 4% + Vi QTE 1.881511061 40%—% Kroger 18 2887 45%—% 17613 2920 585i +% Coreln .2412 452 14 +% Gaps .301831319 26%— 1 -L-L- .8612 4949 29% +% CoreStF 1.6813 2496 44%—% QenCrp .6011 4009 1454 LA Gear 3125 2%—% 2.1612 8435 86%—% Cornlngln .7232 3562 38%— 1% GenElec 1.842216111 9254—% LSI Log 1553765 2554 + 1% 197 3314 25% CorctCp s 2639 29%—% Genlnst 4111226 25% + 1 LTV .1210 3704 11% + Vt 4.013 5022 8154 +% CnlwCrd .3212 4066 26% + Vi GnMotr 1.60826072 50% +% LaQulntas .07 3065 2154 + Vi 1.0813 5129 35%—% CrmpKnl .5423 2928 16%—% GM H .961915499 55 —3% LearCorp 17 2471 34%— 1% 14(33 8512 26% CwnCork 1.054 2729 47%—% GenIRe 2.0414 2536147%—% LehmBr .20a 9 3875 25 +% .05 3014 7% +% CullgWn 2435 38% +% Genesis s 21 2611 26 —54 LlllyEII s 1.3716 9619 6554 — % 10419 3524 38 +% CypSem s 921121 12% + Vt GnvStl 4411 4% + 1% Llmltd .4023 4075 19 121b18 6269 45%—% Cyprus .80 3874 22% +% Gillette .723713081 73% —54 LlzClab .4521 7039 37%—% 2326929 23%—% -D-D- GlaxoWel I.ISe 23 13675 30% —54 LockhdM 1.61611772 92%—% 28813 6415 60 —Vt DTE 2.0610 5912 28% GlobM 45 8314 16% LILCo 1.788 5300 18% +% 14412x8576 3754—54 DanaCp 1.010 3696 30% +% Goodyear 1.011 6570 44%—% LoraISp 13803 16 +% 4419 4017 35 +% Garden .0812 4044 8% — % Grace n 3967 52% + Vi LaLand .2448 2557 56% 208112 1153 57% — % DataGn 29 2338 14 +% GrdCasn s 9 5960 1654 +% Lowes .2029 9752 43 +% 17 z 210 31900 DaytHuds .6417 7310 30%— 1 GtLkCh .6012 3255 52% Lucent n .30 52763 47% + 1% 251064 +6 DeanFd .761 2462 29%—% GtWFn 1.013 5459 27% -M-M- 21 4091 20% DWDsc .881110039 5754 + 1% GreenTR s .2520 5345 41%-% MBNAs .6421 7389 34%-% 1741668 8 Deere s .8014 8848 41%—% GTelevsa .07 2753 29% MEMC 6 8540 22V, +54 11 5248 11% +% DeltaAIr .2052 5308 68% —54 GTrlbasa 2442 5%—% ManorCr .0931 3569 41% + 1% .4814 4057 41%— 1 Dial n .32 3007 1354 +% Gtech 20 2599 31% + Vt Manpwl .1418 4066 29%—% 12826 2906 27 —1% Digital 10381 34% Gucci n .30p 3588 72 —3% MarklV .1415 5697 23% 11233 7654 97%—% Dlllard .16(13 3695 32%—% -H-H- MartMM .48(14 4097 22 — Vt 6011 2681 34 — % DimeBcp 20 3965 14% — % HFS s 83 9086 77% + 2 Marvel 17536 5%— 2% 18810 2883 22%—% Disney .4426x9756 63% Halbtn 1.033 7591 5454 +% Masco .80123 4955 2954 +% 48 2822 56% — % Dole .40 16294 37% — % Hanna s .4016 2497 21 — Vt Mattel s .2419 5119 2454 — % 37 2357 16%—% DowCh 3.010 5128 BO'/4 — % Hansons 1.16e427972 6%—% MayDS 1.16116 5187 46% —54 3025 7521 9754 +% DowJns .9618 8435 34%— 1 HarleyD .24125 2594 43 — % Maytag .5620 4075 1954 —Vt 6817 4045 26%—% Dressr .6821 2647 30%—% HarrahE 2410086 18 — % McDerl 1.00 10949 1854—% 1212 2486 83%— 1% DuPont 2.281611845 93% — % HIIMgt s 30 5064 2154 +% McDnlds .302214293 46% . C-C- DunBrd 1.00m 80 6556 61%— 1% Hlthsrcs 17 6247 13 — % Mead 1.211 2859 56%—% 04 3163 5%—% Duracel 1.163444036539-64—57-64 Hlthsth 32 3777 38%—% MedPart 5339 24% +% 48 5020 3954 +% -E-E- HeclaM 2682 6% Medtronic .3832x6105 62% — % 31 3629 70% —54 EMC 1918515 24% +% Helllg .2821 6020 13%—% MellonBk 2.413 4164 62%'—% 30 4129 39% + 1% EastChm 1.7619 2997 54% +% Heinz 1.16(19 7711 3354 + % Melville .44b 31 2597 43%—% 2422 5899 34% EKodak 1.619 8262 75%—% HrtgMda s 21 4635 1554—% Merck 1.6012414689 70%— 1 13825 5629 79 +54 Edlsonlnt 1.01116005 18% +% HewlPk s .481827033 4554 +% MercFn s .3017 4275 12%—% 80 5471 22% +% Edwardl .649 3112 29 — % Hilton s .3030 9846 28 — % MerldIT n .41e 2482 17% .48 9023 2354 +% EKCO .0814 3240 4 — % HmeDep .243312181 5654—1 MerrLyn 1.210 4144 69%— 1% 1235 2877 80%— 1% EDS .6070 7048 59% — % Hmstke .206334844 14% +% MIcrnT .212119184 32% +% ' 3617 4183 31%—% EIIAqult 1.26620 2798 39 — % Honywel 1.08123 3342 64 +% MlllenCh n 17001 22%—% 18213 4807 34%—% EmriEl 1.9620 4896 9954 + % Horsh .0736 3155 16% MMM 1.96122 7699 70% 2010 4954 46%— 1% EmpDIlt 1.2818 121 1854 HostMar 5002 16 — % MirRsrt s 25 8743 25%—% 160112 5853 7154-% Emplca 19 2541 15% +% Houlnd s 1.515 7889 2254 +% Mobil 4.016 7669116%-% 17411 2560 25%—% EnglCp .3619 6659 19% — % Humana 18 4227 20%—% Monsans .602913882 40% +% 29245-16—1-32 Enron .90118 4083 41%—% -l-l- MonPw 1.619x3570 21% —Vi 33 2920 51%-% Ensrch .20 3180 21% +% IBPi .108 1116 2354 MS Asia .40e 3243 10% 2012 4712 43% +% EnsExp 3989 9% +% ICN Phm .319 2947 1854—% MorgSts .709x3555 51%—% 2241613525 80%—% Equlfax 8 .3327 3281 2854—% IMC Glo s .3224 6356 3754—% Morgan 3.2411 8770 66 — % 31 2446 25% 1% EqtCos .2013 2330 26% % ITT Cp n 7533 42% % Morionlnt .60(18 7830 39% + 1 216(19 8926 65% % EverenC n 2507 20 ITTHrtn 1614 3513 60% % Motorola 482243328 49 +% '20 5614 11% +% EverestRe .12 2373 26%— 1% in Inds n .604 7829 23%—% MuslcLd 6749 1% + Vi 140716282 31%—% ExIdeCp .0893 544 24%—% Illinova 1.1212 6035 26%—% Mylan .1619 2494 15%—% 10813 4245 48% Exxon 3.161619572 86%— 1% INCO .4017 4584 29%—% -N-Nl'?214 4034 31%-% -F-F- InllnBr s 62 3235 32 -% Nalco 1.018 2434 36 -% 1421 3316 34% FPL Gp 1.6414 5013 44% InputOut s 33 4571 29%— 1% NtSeml 17447 20% + 5i 1812 7662 91% — % FedExp 16 2615 82 — % IntgHS .0210 2714 2654 +% NatnsBk 2.3212 5912 88% — % 0824 3128 20%-% FedMog .48 2644 23% -54 IBM 1.4 21 24024 126%-2% NewbNk 2915 68 + Vt 2018 2322 26% +% FedNM .761716116 36% —Vi IntGame .. 12 29 15683 22% +% Newell .5621 6764 30% — % 'SO 39 32319 49% — % FedrDS 21 9612 3254 — % IntPap 1.02012811 42% +% NewmlM .4877 3324 47'/. +% 'to 58 4297 43% +% FChlNBD 1.4413 3034 45%-% IntRect s 1010855 13% + 1 NewsCorp ,09e 17 6808 2154-% 19 939 1454—% FslData .16137 3865 8454— 1V4 IntstHtl n 6621 28%—% NlaMP 7 8350 8% +% 18890 2737 87% —54 FstUC 2.32113 3414 67%— 1% Intlmte n .4816 3979 17%—% NlkeB .6029 4511121% +% 't2 18 6279 56 +% FleetFnc 1.721212213 4654 +% • J • J • Nokia .63e 4760 45%— 1% 6 7852 8% +% Flemng .0834 620 17% — % JLGs .0216 3676 17 —1 NoramE .2825 8517 15% +% 44 3495 58%—% Fluor .6820 2982 61% +% JohnJn s .762516416 51%—% NoestUt 1.00m 6 4442 11%—% 2125565 68% + 1% FordM 1.54(1116703 31%-% -K-K- NorTel .5230 3368 61% +54 10 7493 62%—% FoslWh .8245 3834 42% Kmart 20913 10%—% Norwest 1.0814 4617 42%—% 0414 3669 9% +% FoundH 12 8412 34 — % KN Engy 1.0418 178 35%—% Nynex 2.3617 7485 44 — % 109155 6269 46%-% FoxMHIt 6547 2%-% KanPlpSn 2.212 47 26% -0-0190118 3445 69%-2% FMCG A .9037 9413 28%-% KCtyPL 1.62113 614 27 OcciPet 1.020 7939 24% Volume Last Chg. 131393 10054 — % 67697 13% — % 54303 23% — % 53561 64% + % . 52602 62 —1% 52033 3 23-32—7-16 49319 13% — Vt 49169 34% +1% 46918 19% 44989 29 Vt +1% SterlSfts 10 6891 3054 +% StoneC .60 7 4725 15% + % SlorTch 7822 41 % — % SunCo 1.055 3870 24% + Vi SunHltcr 7 2669 12% — % Sunamers .3020 6473 37 — % SunaplE 3.10 2932 86% — % Sunbeam .0460 6149 24% +% Sunstrds .6819 4219 40% +% SunTrsts .8016 2853 42% — % SuprFd .401816178 15% + 5-16 - T - T • TIGHd .2027 2438 29% — % TVXGId 71 2718 7% +% TagHeurn 5150 18% + 1% Tandem 4112 11% + Vt Tandy .80 16 3101 39% — % TalRract n 1 Rftn RIRfl 7QU 1A I QIDidSI (1 1 .OOp OOOU / •774 ~~ n TelArg 1.03e 20 11555 26% — % TelefEsp 1.82e 16 2677 57% + % TelPerun .35p 3199 2254 — % TelMex .92e 12333 33 +% TmpDrgn .53e 6095 13% — % TenetHIt 14 3573 21% — % Tennco 1.808 3994 48%— 1% Terdyn 9 17323 1754 Texaco 3.40117 8329 97 — % Texlnst .681431934 57</4 + 2% TexUIII 2.00 4887 40% — % Thorlnd .1213 235 24% + 1 360 Com n 74 2562 23% — Vi Tldwtr .60(30 3042 39% -% TlmeWa .36 32957 41% + 1 ToyRU 48 8720 31% — % Transocn .2435 4188 6254 — % Travelrss .6012 6701 51% — % TrlarcA 421 11% — % Trump 2733 22 — % TucsEPs 7 5429 17% +% Tuppwren .22p 3097 48% — % TycoToy 1264 554 — % TycoT pf .04p 3052 6% — % UALs ' 8 6243 43%-1% UNUM 1.1 17 2449 64 —1 USWests 2.1413 6180 31% + Vt USWM n 97 5464 17% — % USAWste '27 2996 31% — % USFG .20 10 5061 18% — % IICT InA 1 ^O 14 AQf\Q OQS/. I/. USXMar. .6893 6073 22% +% OlfcDpt 25 8281 21% — % (JSXUSS 1.011 -2968 28% t% Olllcmxs 29 2628 1454 — % u n | CO rn 160 8 4627 26% — % OhloEd 1.510 8143 20% +% MnNV -3135920 2524157%-% OklaGE 2.6612 3749 39% Mr ,, h ' „ 0 ,,,, ,,„ ,, Olsten s . .2816 5907 23% -% ™™ •'" ' '"' :!" _™ OlymFn 15 7936 22% — % • * Omncres .0653 2388 29%-1 URacRs *° 7034 29 ~* Oryx 11 4136 18% -% Unisys 19956 7 -% OwensM .18 4164 9% +% UAM s .68120 3075 23% OwenC .25 8 2553 36'/. — % UHlthCr .0328 9351 39% — % • P - P • UMerldn 2692 44% — % PECO 1.74 10 4951 24% -% UsalrG 5 7278 15% -% PNC 1.48(11 4145 3354 -54 IJS Filter s 60 6341 3454 -% PPG 1.2814 2698 54%—% us Sura 083519884 45% +2 PacEnt 1.4413 2320 31% -Vt "| |"' 9 . 2 on 2850 44 +2 'A PacGE 1.961010311 22%-% "% br9 . pl ," „„,„.,.,. PacTel 1.261348193327-32—% U nTecn 2.2 20 2836 122% —A PaclfCp 1.0812 4469 21% -% Unocal •«> 1 6245 3654 -54 PanEnergy .96 16 2493 3554 + % "HUCo 1.76 12 812 27% -% ParkDrl 68 4982 6% — % - V • V • ParkHan .7211 2498 37 — % VFCp 1.4412 451 59%— 1% Penney 2.08 16 4379 52% ValHIth 13 6547 19 + 54 PepBoy .2125x2736 37 — % Vanstarn 45 2754 28% PepslCos .462545741 28% —W Varian .321016321 45%— 2% Pfizer' 1.23011784 8054 Vencor 19 3729 2 g% +% PharUp|n 1.084411335 42 -% y , S| g 2898 3y PhllMr 4.8011316260 92% -54 ™" ™ an 2980 44 +2 PhlllpsEI .996 3492 37% +54 « e ™<> ?° ^980 44+2 PhilPet 1.28(16 5881 42% -* Vodalone .77e23 2894 35% +% PlacerD .30 6829 24% + % • W • W • PlaytxPd 22 3196 8% WMXTo .642211071 34 Praxair .3830 3754 44%-% WalMart .212222350 26%-% PrmHsp 25 5831 16 — % Walgreen .4425 2906 36% —Vt ProctGm 1.80(22 9866 96% —54 Warnaco .2821 2518 24 — % PSvCol 2.112 4194 35% —54 WarnL s 1.3822 6108 63%— 1% PPrIT .66 2347 7%-M6 Was hQ s 1.14(11 3080 21%-% • 0. • 0 • WatrsCo n 31 4483 33 + % QuakrOat 1.1447 3367 36% wfhHFnt iJ 9B90 3B14 1 n p Winiutfll 10 tow dan — 1 RJRNab 1.65132743727 -*W M " ** «* ~* RJRpIC .60 23019 6V4-1-16 W^ 111 21 9268 n * * * RangrO 0847 3483 8 — Vi WetnRet 2.0610 1587 29'/4 +% Raythns .801415852 4554-% WstgEI .203520365 19 -% Reebok .3018 3991 33%-% Whrlpl 1.3621 2946 49%-% RellaStar 1.1211 3325 51% +2% Williams 1.3617 1545 51 — % ReyMtl 1.414 3299 50% — % WiscEn 1.5213 2650 27% — % Rockwl 1.1615 4785 5554 +% Wnlwlh 2401 21 — % Rowan 78 3848 20% -% . . RoylD 5.78et9 4912 162H-1W x . rn . „ , ,„ , n flR7 c »y « Rubrmd .5623 2587 24% ABra * 5 i-ioio «>'° ooT4 it Ryder .6019 3431 28%-% nn,, 7K»7 «» v . g . g . YPF Soc .8011 7587 2354 — % SBC Com 1.72 15 8078 48% — % • Z • Z • SGSTM 10 3898 49% + 1% ZenithE 6406 1554—% Safeway s 25 6314 4254 — % Zllog 9 3553 20 +% SallleM 1.613 2492 82%— 2% SAnitRt .8042x7935 20% +2% NOTES SFePGId .2056 4500 12% +% • Tin lists: The lists Indude local Merssl slocks. SantFprD 2.19 4144 25% — % which are txiktlaced, and the day's most aciively trad- SaraLee .7619 5309 35% +% "'stocks. StS, 'i 3 !?? 1 !!™ Sv" 1 * J^^fi^viff? cSS, Intin S nv « dedaiedorpaldlnlhepasllZmcflths.!- dedaredor Schwab .20120 8072 23%—% p^ after a slKk tfvidend « split 1 - paid this year SclAtl .06 3377 17% — % dividend omitted, defeired w no action taken at last Seagate 2517605 62'/4 + 1% dividend msetra.k-dactoed « paid this yeai. mac- Seagram .60 3591 3554 — % cumulative Issue with cMdsnds in arrears, n- issued Sean .9218 9025 47%—% within the past 12 montns.r- declared or paid In ttw SecCapTr 1.0131 4573 18V4 past 12 months plus stock omdend.i- split or slock SvceCos 2430 2839 29% — % dividend ol 25 percent or more with the past 25 weeks. Shaw ^30 30 2677 1154 -% l-P*lnslocft past 12 mcfllhs plus stock dividend. SlgnetB .8016 3827 27% — % i^; Jlatti hl^ t ™S- iwpoire ing SllcnGph 35 7773 22% '— % s um9llt iy 8 JJ|, companies. wd-nnm distributed. 5 "ISIzzler 2522 3 +% -^hai Issued, ww with wamntixw- without war- SnyderOII .26 3040 13 — % rants, z - Indkales sinale shaie totals ralhsr than SoulhnCo 1.261316527 22 — % hundreds.! means that anyone buying this 'ex-dtvi- SwstAirl .041511752 22%—%' dend 1 stock on the day In question wil not receive the Sprint 1.014 3987 39% imslwwl dividend, y _ Mcales singte shaie totals StrlCmon 11325 30% -% to ex-dividend slock. OVER-THE-COUNTER EXCHANGE AMEX itmt W"" [DC Tel kbacsn n (Ufiuan ii .ccuStlf s idobeSy ttivFCni n yt9f& tmgen tppleC tpplebee tuldMat toakls tSCQRQ Itmel faon $ HoTcG loatBnc lorlnd IrodSft lutlrMI ;-CUBE s lascCms CephJn ChrmSh *hiP?a wt *lllr<0 HI JhlpsTc Ilrnjs Dlv. PE Vol. Ult Chg. 5511060 68% +3% 12126 7% — % 74 13280 22% — % 203214031 36% + Vt 10464 49%-fi% 2331126 5354 + 1V4 2831134 61% +% 7608 23 — % .061 21 14053 23 9-16-1 13-16 844989 29% + 1'/4 52033323-32-7-16 36403 68% + 1% 2149189 34Vi + 1% 15980 35% + 1% 15518 77 t % 381678467-16-17-32 1,68117 6163 66% — V« 9008 6'/4 +'/, 1116246 24 '/.t 3-32 .48110 139 29% +% 3812913 48% + r/4 21765 86%— 1% 10425 23!i +54 10566 5% 20743 1% 1312072 1454 + 1-16 39690 22% + 1% Cisco s Comalr Come sp CptConc ConcCm DSC DellCpts Duckwil) ESSTech n ElcUgls s ErloTel Faitenl ForeSys 8 Fritzs Qale2000 QenNutrs Genzym $ HBO 8 HCIA HollyPd Inlormx InlgDv Intel Intel wt InlmetC IntStand Iomega e Jabll 4753581 64% +% .1913169661613-16 — % .09 12267 15 +Vi 26623 23-32 + '/i 14100215-32—3-32 1440727 15% +Vi 2525598 84% + Vi 10 43 13% 8113216 19% + 1% 649319 13% — % .26e 26491267-16-% .0261 173» 48% tVi 14062 39ft + 19-18 2311259 16% + 1 1912713466-16 + 11-16 12016 18% — % 2827001 23% — '/i .08 10751 65% + 1% 16071 2754—154 16688 13-32 — '/i 3825238 27 +7-16 615809 954 + Vt .22613139310054 — Vt 62602 62 -1% .0461011236 11% +% 19748 7-16-1-32 81 64303 23% -Vi 1722182 22'/4+3*S KLA LamRsch Lasonn LlnearT LneSStk MCI MFS Cm s MgtTech MarkWsl n MMtAIr Mlcro«ott NABI NuhF NTeam Netscpe Novell Oracle $ OxIdHIt s PC DOCS PaglngN PalrTche" ParcPlce PrtnAra Proxlm Qualcom Quantum Quicku ReadRl 1014558 23% + 1% 616112 28% +54 46916 19% .2012311811 39% +54 23 3797 3054 -% .052918963 26% + 5-16 10622 44% —Vt 17220 3-16—1-64 11744 10% 18»4 9% -Vi 3940(00134% -!4 15905 10% + 1% .72*10 225 17 +'/< 10360 27% + 1% 21376 3954-154 3219638 11% 44 30241 44% -% 51 13502 47% + Vi 13116 9% + 1Vi 10698 18% +% 9530821 74%-«% 13194 2% +% 12737 19-64-1-64 41 18155 22% — % 12616 37VS — % 713673 19% +% 1210207 11% — Vi 13 3338318% + 16-16 RegCIn s Repap S3 Inc Shiva 8 SillVaIR SplashT n SUplei Slartckss SlrucD SumlMd SunMlcs Sunglss 8 Sybase TeleComA Tellabs ThrmTch 3Com TridMIc Tyton UMBFn USRobls ValuJel s VklngOP s Westell s Wondwre WorldCms Xlllnx Zltel 3615462 27% — % 1326943-16 + 9-16 2415134 2054 +% 13418 49% + 2 681345641-16— 5-16 26734 11 40 12676 21 —6-16 76 19778 35% -% 14383 22% +2% 12866 7H +% 2735240 65% — H 21 16941 13% -% 19033 17% +% 67697 13% -Vi 4643826 79 +6 1646811-16 + 3-16 5524891 66% + Vi 1211406 16% +% .1231 2693 2754 .601)13 23 38 H +% 3539102 72 +% 1610152101-16—7-16 3917741275-16 + 1 11-16 '24420 24% -4% 11070 8%— t 36884 21% — % 2337760 37% + 3 6929613 36%+5'/4 Name ARC AlpinQr Amdhl Ampex n Blovail 6 Bowne CdnOc g s CanyonRs CheySolt Dllnd Datamet DolAutEx EchoBay EIPasoE n FAusPr GST Tele GaylCn QldSlarR Harken Hasbro Hearx n ICQ Com IntegTc wt InterDig IvaxCp Dlv, PE Vol. Lilt Chg. 7 2740 4Vi + Vi 26 3236 7% t % 2253913-16 + 3-16 15 2149 7 61 1278 3454 + % .36 It 1512 23Vi + % .30 1345 18% +% 1269 2% +% 4310798 30V4 + 1-16 1136 1% 16861 16-16 + 11-16 .69p 1664 39% + % .08 4071 8% — % 1289 6% -Vi .64 1907813-16 3158 11 tVi 5 3127 7% + 3-16 1412 1754 + 1% 319729-16 +'/> .4019 3470 38V.-1 1 /, 1669 254 12090 19 —1 4364 7-16—1-16 1760 7%— 1-16 .10122 8646 15% + % JTS Corp Kirby MagnPet Metromda MntaslaE NTNCom Nabors NY Times OmnlMult Orgngn PLC Sys PaxsnC Polyph RegalBel RoyalO g 1187 4%— 3-16 35 1129 17% +Vi 282451-16 +% 1353 11 — % 1359 2% 1216 454—3-16 22 2643 15% .6623 1302 34% — % 1409 2% +3-16 1671 1954 — % 2699 22% -% 5390 85* -Vi 33 1850 6 .4810 1191 16% 3633313-16 SPDR 1.37e 52886919-32— 35-64 TotlPft TWA TubMex TurnB B US Ale USBIoscI s Viacom VlacB WlielssT s XCL Ltd .30 61 10 — Vi 5541 8% — Vi 1409 11% .07 2741 30% + % 147923-16 + 1-16 99 1276 1154 -54 1200 36% — % 12117 37% — % .1629 1625 10 — % 10582 % + 1-16 Turner fires son during merger NEW YORK — As father-son moments go, this one isn't destined for any parenting guide. Teddy Turner, the 33-year-old son of media magnate Ted Turner, asked his dad at a family dinner if the son's job at Turner Broadcasting System Inc. was safe under the company's pending merger with Time Warner Inc. The elder Turner's reply: "You're toast." The younger Turner, a promotions manager at Turner's home entertainment division, is one of about 1,000 employees expected to lose their jobs after shareholders OK Turner and Time Warner's $6.8 billion merger today. Teddy Turner told The Wall Street Journal that his father tried to lessen the blow, saying, "It's good for the company and it's good for you. In the short run it's always a little painful." Profjt-taking drives market back down NEW YORK — Blue-chip stocks suffered their worst drop in more than a month Wednesday as profit- taking on the market's recent exploits intensified, muffling enthusiasm over new signs of strength in the semiconductor industry. The Dow Jones industrial average fell 36.15 to 5,930.62 — its worst one-day point loss since a nearly 50-point drop on Sept. 5 — halting a three-day assault on the 6,000-mark. On Monday and Tuesday, the blue-chip average made its first forays past 6,000, but quickly slipped below again. Broader measures of blue-chip and other large companies also fel,l sharply. Analysts attributed the selling pressure to another weak day in the bond market and continuing worries over whether upcoming reports on third-quarter earnings will support the market's lofty heights. Cigarette industry cuts advertising spending WASHINGTON — The cigarette industry spent $1.2 billion less on advertising and promotions in 1994 than in the previous year, the first drop in the industry's massive marketing budget since 1986. Cigarette makers spent $4.83 billion in 1994, down almost 20 percent from $6.03 billion the previous year, the Federal Trade Commission reported Wednesday. Most of the drop came from promotions that directly hit consumers' wallets: coupons, multiple-pack discounts and other so- called "value-added promotions." Cigarette makers cut in half spending on such promotions, to $1.25 billion, down from an all- time high of $2.56 billion in 1993, the FTC said in its annual report to Congress. Gates spends millions linking libraries to 'Net NEW YORK — Microsoft boss Bill Gates, whose fortune was recently estimated at $18.5 billion, is spending $10.5 million to supply libraries across the country with computers, software and technical support. Gates unveiled the program Wednesday at the Brooklyn Public Library's main branch, where a dozen new computers — the first of 36 slated for the city's li- ' brary system — were switched on, The New York Times reported. It is the company's largest national charitable effort since being founded by Gates in 1975, the Times said. Microsoft began a pilot program last year with nine^ibrary systems, including Brooklyn's and Frederick, S.D., a town of 300 whose library did not even had a telephone before the computer donation allowed Internet access. From Wire Service Reports MARKETS KEY RATES Dally key rates from The New York Times Previous Year Wednesday Day Ago PRIME RATE DISCOUNT RATE FEDERAL FUNDS(x) 3-MO. TREAS. BILLS 6-MO.TREAS. BILLS 10-YR. TREAS. NOTES 30-YR. TREAS. BONDS TELEPHONE BONDS MUNICIPAL BONDS(xx) 8.25 5.00 5.44 4.97 5.08 8.54 6.83 7.66 5.84 8.25 5.00 5.11 4.99 5.09 6,50 6.80 7.83 5.82 8.75 5.25 6.01 5.29 5.31 6.08 6.43 7.39 5.97 (x) Estimated dally average, source Telerate (xx) Municipal Bond Index, The Bond Buyer Salomon Brothers and Telerate for Treasury bellwether bonds, notes and bills. LOCAL GRAINS Wednesday, October 9 Wheat Secular, Sallna $4.52 Carglll, Sallna $4.52 Continental, Sallna $4.55 Farmway, Belolt $4.22 DeBruce, Clay Ctr. $4.26 Cooper, Colby $4.22 Midland, Hays $4.26 Decatur, Oberlln $4.14 Agco, Russell $4.25 Farmers, Stockton $4.18 Corn Mllo Beans — $4.80 — — $4.80 $7.18 — $4.82 — $2.68 $4.25 $6.83 $2.66 $4.40 $6.91 $2.73 $4.13 $6.63 — $4.26 — $2.69 $4.00 $6.78 — $4.19 — $2.53 $4.18 — CHICAGO GRAINS Futures trading Wednesday on the Chicago Board of Trade: Open High Low Settle Chg. 5,000 bu minimum; dollars per bushel WHEAT Dec Mar May Jul Sep Dec Jul Dec Mar May Jul Sep Dec Mar Jul Dec Mar May Jul Sep Dec Nov Jan Mar May Jul Aug Sep Nov Oct Dec Jan Mar May Jul Aug Sep Oct Dec 4.29% 4.32% 4.25 4.27 —.01% 4.15 4.18 4.13% 4.15% +.01% 3.94 3.97% 3.93% 3.95% +.04% 3.73% 3.78 3.73 3.77 +.05% 3.77% 3.79% 3.77 3.78 +.04% 3.86 +.04% 3.77 + .05 CORN 2.96% 2.97 2.92% 2.93% —.02% 3.03% 3.03% 2.99% 3.00% —.03 3.08% 3.09% 3.05% 3.06'/4 —.03% 3.13% 3.13% 3.09 3.09% —.02% 2.94 2.94% 2.93 2.93% —.01','. 2.90% 2.91 2.89% 2.90% 2.96% 2.96% 2.96% 2.96% —.00% 3.06 3.07% 3.06 3.07% OATS 1.87 1.87 1.60% 1.62% —.00% 1.90% 1.90% 1.85% 1.87 +.00% 1.93 1.93 1.90 1.90% — .01 Vt 1.92 1.92 1.91% 1.91% +.00% 1.82 -.02 1.82 —.01 SOYBEANS 7.36% 7.39% 7.35 7.38% +.01% 7.45% 7.46% 7.42% 7.45Vi +.01% 7.49% 7.53% 7.49% 7.52% +.01% 7.53 7.54 7.51% 7.54 +.02% 7.54% 7.55% 7.52% 7.55 + .02 7.46 7.49 7.47 7.48 +.02 7.25 7.27 7.23 7.27 +.03 7.05 7.08 7.05 7.07 +.02% SOYBEAN OIL 23.50 23.55 23.33 23.55 .14 23.82 23.90 23.70 23.88 .11 24.10 24.15 23.99 24.15 .11 24.43 24.49 24.34 24.49 .10 24.75 24.78 24.62 24.78 .10 25.05 25.08 24.92 25.08 ' .08 25.10 25.10 25.05 25.10 .08 25.25 25.25 25.15 25.15 .03 25.30 .05 25.30 25.35 25.30 25.35 .04 Wednesday of last week feeder steers and heifers steady. Not enough calves In local run yet to fully es* tabllsh price quotations. Feeder steers: medium amj large 1 713-752 Ib 61.75-63.25; 857-878 Ib 62.0f> 64.60; 910 Ib 63.85. Feeder heifers: medium and large 1834lb61.60. Hog estimate: 800. Compared to Tuesday, barrows and gilts steady; 1-3 230-270 Ib 57.50-58.00; 2-3 270290 Ib 56.00-57.00; 2-4 package 296 Ib 55.00; 1-2 220230 Ib 57.00-57.50; 1-2 package 200 Ib 53.00. Sows: under 500 Ib steady to 1.00 higher; over 500 Ib steady; 1-2 300-500 Ib 47.00-49.00; 1-3 500-550 Ib 52.00; 550-' 700 Ib 56.00-57.00. DODGE CITY LIVESTOCK Market quotations Wednesday: Trade very slow. Not enough slaughter steer or heifer sales confirmed for an adequate market test. Inquiry good, demand light. Sales confirmed on 300 slaughter steers and 700 slaughter heifers Wednesday. For the week to date 9,800 head confirmed, mostly previously contracted or formulated cattle. Sales FOB leedlot net weights after 4 percent shrink. Slaughter steers: few select with end choice 2-3 1275 Ib 71.00. Slaughter heifers: few select with end choice 2-3 1025-1075 Ib 71.00. OMAHA LIVESTOCK Market quotatlons'Wednesday: Hogs: 800. Barrows and gilts fully .25 lower. U.S. 1-3s 230-260 Ibs. 58.50- 58.75; sows are .50 higher; 350360 Ibs.; 47.00 to 61.50. Cattle and Calves: None Sheep: None CHICAGO LIVESTOCK Futures trading Wednesday on the Chicago Mercantile Exchange: Open High Low Settle Chg. CATTLE 40,000 Ibs.; cente per Ib. Oct Dec Feb Apr Jun Aug Oct Oct Nov Jan Mar Apr May Sep Aug Oct Dec Feb Apr Jun Jul Aug Oct Dec Feb Apr 71.97 72.47 71.25 71.42 66.00 66.40 65.35 65.62 64.15 64.45 63.65 63.90 65.90 66.15 65.65 65.82 63.75 63.97 63.50 63.57 63.62 63.65 63.32 63.35 66.20 66.35 65.90 65.90 FEEDER CATTLE 50,000 Ibs.; cents per Ib. 63.55 63.70 63.15 63.17 64.50 64.65 63.60 63.67 65.05 65.35 64.35 64.62 64.52 64.70 63.90 64.12 64.65 65.00 64.40 64.55 65.00 65.50 64.90 64.90 66.50 66.50 66.30 66.30 66.55 66.75 66.50 66.55 HOGS 40,000 Ibs.; cents per Ib. 60.10 60.67 59.40 60.07 58.00 58.47 56.90 57.50 78.60 78.95 78.05 78.50 73.90 74.47 73.80 74.00 77.40 77.90 77.40 77.82 74.90 75.35 74.75 75.15 70.75 71.15 70.50 71.05 65.00 65.15 64.70 64.85 65.25 66.20 65.25 65.72 65.95 63.07 — .60 -.58 — .37 — .30 -.25 — .20 — .35 — .33 — .75 — .48 — .43 -.30 — .20 — .40 — .20 + .15 — .47 — .05 + .05 + .10 + .20! + .30 — .15 -.23 + .12 GOLD KANSAS CITY GRAINS Wheat futures Wednesday on the Kansas City Board of Trade: Open High Low Settle Chg. WHEAT 5,000 bu minimum; dollar* Dec Mar 3.99 3.81 May Jul Sep Dec 4.42 4.25% 4.03 3.83 3.63% 3.85 4.45% 4.28 4.04 3.85 3.83% 3.90 per bushel 4.38% 4.39 —.02% 4.23 4.23% 3.99 3.62 3.83% 3.90 Foreign - Hong Kong late: $381.05 unchanged; London morning fixing: $380.90 up $0.05; London afternoon fixing: $381.35 up $0.50; London late: $381.55 up $0.40; Paris afternoon fixing: $374.69 off $0.94; Frankfurt fixing: $380.41 off $0.19; Zurich late afternoon:" $381.70 up $0.80. Domestic • NY Handy & Harman: $381.35 up $0.60; NY Handy & Harman fabricated: $400.42 up $0.53; NY Engelhard: $382.65 up $0.50; NY Engelhard fabrlcat-' ed: $401.78 up $0.53; NY Merc, gold spot month close Wed. $381.20 up $0.20; NY Republic National Bank 4 p.m. Wed. $381.10 up $0.10. 3.83% 3.86 — .01 — .03 + .00% + .02 + .03 SILVER Wheat 111,345 bushels: 23/4 cents lower to 4 cents higher; No. 2 hard 4.623/4-4.71 n; No. 3 4.413/4~4.70n; No. 2 red wheat 4.323/4-4.60n; No. 3 4.213/4-4.59n. Corn 10,687 bushels: unch to 1 cent higher; No. 2 white 3.30-3.40n; No. 2 yellow 2.931/4-3.02n; No. 3 2.731/4-3.01n. No. 2 mllo 4.62-4.94n. No. 1 soybeans 7.20-7.271/2n. Hoppers 97.00-100.00. ST. JOSEPH UVESTOCK Market quotations Wednesday: Estimated feeder cattle receipts: 1,700. Compared to Handy & Harman silver Wednesday $4.940, up $0.060; Fabricated $5.434, up $0.066; The bullion price for silver earlier In London $4.8800, off $0.0125; Engelhard $4.960, up $0.070; Fabricated $5.456, up $0.077; NY Merc silver spot month Wednesday $4.934, up $0.078. OIL Petroleum cash prices Wednesday as compared with Thursday prices: Wed. Thure. West Texas Interned $ per bbl lob 26.08 26.63 From Staff and Wire Reports

What members have found on this page

Get access to Newspapers.com

  • The largest online newspaper archive
  • 11,100+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free