The Kokomo Tribune from Kokomo, Indiana • Page 5

Market activity Thursday, June 3,1993 Kokomo, (Ind.) Tribune 5 Agents fear reforms will cost them their jobs long, drawn-out battle' promised By CHRISTOPHER CONNELL Associated Press WASHINGTON (AP) Insurance agents are up in arms over health reform, fearful that the White House is hatching plans that could put thousands of them out of work. They are hiring powerful lobbying firms and raising money to do battle if necessary against President Clinton's resolve to reshape the way most Americans get their health insurance. Joseph Lee Pugh, president of the National Association of Health Underwriters, put it bluntly in a recent appeal to his colleagues: "Are you prepared to lose your Unless they contributed $200 apiece to an emergency, $1.2 million war chest, he warned, agents "could go the way of the in the next year." When Steven J. Lindsay, a Sacramento, broker, got Pugh's letter, he wrote out a check for 1,000. "I want to keep my job," explained Lindsay, 44, who earned $50,000 last year.

"For a middle- aged man who spent 14 years building a business to look at any president coming along and just whack me off at the ankles, it 's scary." Experts and some White House advisers agree that health reform could wipe out thousands of jobs in the insurance industry, from the agents who specialize in selling policies, to small businesses, to the insurers' home office staffs and medical underwriters. Just last week, Hillary Rodham Clinton, who is chairing the White House health care task force, predicted that reform will trigger "a Darwinian struggle" for survival within the industry. The president wants to make it illegal for companies to deny insurance to people with medical problems and wants to force companies to sell policies at the same rates to everybody within a community. Under Clinton's vision for managed competition, small businesses and individuals would buy insurance through huge, government-created cooperatives in each state selling a limited number of plans. Some of the biggest names in the business, including Prudential, Aetna and Metropolitan Life, are already major players in the managed care market and are well positioned to profit from Clinton's push in that direction.

But the future is much less secure for smaller companies and the independent insurance brokers. The brokers' cut typically runs from 5 percent to 10 percent of the premium. It adds to overhead that can claim 30 percent or more of the premiums paid by small businesses. Lindsay said he may seem like an unnecessary middle man to the health reformers in Washington, but to his cliencs, "I'm their human resources department." "They hire me to make their life easier so they can go about their business. The dry cleaner wants to take in clothes and clean them and get them out.

He doesn't want to learn federal rules and regulations," he said. David Saltzman, a broker in Miami, said, "Have you ever called a government agency and tried to get a clear answer to a question in less than halfaday'stime?" "We help explain choices. Today we have HMOs, PPOs, point of service plans," said Saltzman. "I have not yet been to a client, no matter how sophisticated, who understands the differences in all of those health plans." Even if Clinton creates insurance purchasing cooperatives, he said, consumers will still need agents to tell them "the differences between Plans A.B.C.DandE." "If insurance companies could find a way to sell their products less expensively without using agents, they'd do it tomorrow," said Alan Katz of Woodland Hills, Calif. He is with West Coast Multiple Services, a big brokerage.

Until recently, Neil Trautwein was the only lobbyist for the member National Association of Health Underwriters. It recently hired the lobbying firm of Patten, Boggs and Blow. The larger National Association of Life Underwriters, which has nine in-house lobbyists, also has turned to Patten, Boggs and Blow and enlisted a second lobbying firm, Van Scoyoc Associates. "This is going to be a very long, drawn-out battle," said David E. Hebert, government affairs counsel at the NALU, which counts 143,000 members in its state and local affiliates and has 8,000 brokers in a subsidiary, the Association of Health Insurance Agents.

"We're hoping that Capitol Hill will be a different ball game." Bill Gradison, president of the Health Insurance Association of America, said the agents make "very, very effective" lobbyists for themselves. "These are the pillars of their communities. These are the folks that coach the Little League and belong to the Rotary Club and sit across the kitchen table to help people develop a financial plan for their families," said Gradison, a former Republican congressman from Ohio. Company AT" CruotMMOfotOMWednMdey Only auekt traded are Nisid MY8B HMi Low ltd Chg 82 Amerlleh 73 Amoco Anacmp 3 Arvln Bal 32 32 BncOrra CT8 Cabot 48 CtrNwe 24 24 Chryalr OnGplA 56 58 -1 ClarkE 32 Coachm Coneeca CtfMed 13 CumEn DanaCp DuPonT DukeRt 655 FordM 53 Fordpf 91 GnHoua 18 GnMotr GMotpfD 26 QMotpfP GMotpfQ 27 27 GME GMEprA 127 128 128 GMEpfC GMH GtLkCh 71 71 HWsnbd VJWIIO .68 IndlEn 31 Kmart Kroger Lily UnoNtl MeDonld NBO NIPSCO 31 NtlClly 48 NIPSpt Norwst 49 fPQ 72 PSI Pennsys Sears 55 SvcMer Skyline 18 18 Society SupvtJ 34 Tokhim WalMrt a 28 WshNat 25 14 BmdRE Bnong CM Fin CSTErt CFCdsg CtlDtvA ChaySHa CUFal CWcpe Davstr Dtgkxxi EohBFpl EcnODtW yJEdlsto Etna Elalnof ENSCO FAuaPr ForstLb FiuHL ISrSd" QoVkKo QCdao HangOr HHnPfo HaHonat Hemton HovnEn ICH ImpOtfg Maine hilmjgn vtlntrntk InlCoktg IvaxCp JanBall KalyOQ KogrEq Lanzz Luria Madava Mlnvsn NTNCom vINVR Nabora Nabrwl NY Tim NAjVacc OMen PagGkJ PhLD PhnxUa PkiRao Proper SSnf" Roadmet Rotonlon Company Antrim BtdLyB Blndry Blomet CN8 Canonie Ctrllndlt Chron ConPd Fstlndls FIMore. 1itSro FmkB Hurco IWC IndlFdle IrwnFns Klmbal LTX LtatyHA Lily In UncFd MirCap MnhSu Merdlns MlliBId Palild PlonHIa RallFS RobNug SomrGp Company ANBe Antrim BldLyB Blndly Blomet CMS Clrilndle Chief! ConPd EscaWe Fatlndla FlMerce latSra FmkB HmFdINa Hurco IWC IndlFdla IrwnFna Klmbal LTX LbtyHA UlylnS UncFd MarCap MrahSu Martina MUrBId NoWfR Palfkl PlonHIa RallFS RobNug SomrGp NASDAQ-NM1 High Law U41 41 19 21 8.18 20 24 OTW 7 25 Laet Chg 41 8.44 SwPrpn Struther 41 24 25 38 TelDta TaxMar ThmFIb US Ale UniqMW USBkXMl VMTaU 267 119 9 613 102 226 1446 4.44 490 312 194 7 227 176 197 788 8328 607 297 36 127 480 3.18 326 .84 384 10.81 (0 2648 162 93 253 102 4.66 94 148 395 12 03 298 1008 237 165 102 5 276 295 206 9 136 1647 181 180 189 182 2.94 170 208 67 U8 184 702 360 .41 379 146 769 110 4.89 126 628 115 11 483 706 119 284 227 131 294 2686 227 200 .69 3810 344 193 454 91 187 460 269 156 300 121 123 7 367 168 265 473 1179 13 137 5 4.19 4.31 4.44 7 7 4 2.81 2.81 .18 41 3 .94 .94 10.61 2.89 4.66 3.31 3.31 3.19 4.03 28 16 2.81 2.94 4.19 7H '8 12 .41 .41 4.89 3.81 11 38 38 1.44 2.31 .89 2.81 7 .44 .44 13 13 7 4H 5 13 4.08 4.08 .89 NEW YORK (AP) Early national prices lor select New Yoifc Stock Exchange fa- Company Law Chfl NASDAQ-OTC 37 30 21 20 16 12M 25 Chg 41 28 24 21'A 471 1520 537 926 6859 850 11 11 1677 28 521 683 84 64 824 426 471 30 169717 420 800 3200 415 2406 449 365 765 1809 394 2816 1831 6 426 620 X995 1268 1275 474 1300 676 20 867 889 RAnWMPMOM, WMiM CO.

30 INDUSTRIALS 3637.12 20TRANSPORT8 1585,54 15 UTILITIES 240.49 STOCKS 1302.13 CO. Aa of 10:30 un. E8T, thaprin of New York Hood at 1374.70 par troy ounce, Naw alfor wu BritAIr 1670 1888 3439 879 1809 3348 2919 X1617 30 1673 369 4106 2461 1042 557 738 982 2176 1248 450 19 1259 731 20 401 17V4 459 2898 2202 613 847 456 886 00 649 634 420 1417 682 432 48 1185 620 863U40V4 1348 426 44 48H 38H 21 21 20 20 17 63 83 -Vi 72 46 46 -1 40 ,61 .81 -Vi CarolcP CoroPwe Ctrout 14 74 38 642 59J 1IU CokjPal yJCoJQa Comerlcs CmwE Compaq CmpAao ConAgr CorwMI ConrPr Conrslls CnStor CGDInan CnflCp Corrtngln CrmpKs Cyprus DaytHd Deere DetEd DlaShm Dfcltal UfffaVu DfciwNY Disney DowCh Drssar DufPUtll DukeP EKodak EohHn EmrsB Enron Ensrch Entergy Exxon FacStrn FedNM FedPB FedrDS Fldcrst FilsHldn FstChlc FatUC FleetEne Fluor FordM FMCGa GTE Galen Gap Genento GnData GnDyn GenEJ GnGrthn GnMotr GaPac Glllete Gltano Glaxo GlobM Goodyrt GtAtPc GtLkCh GIWFn Grumn HMO Halbtn Hanson HarcGn HelllgM Heinz HeleneC Hrshey HewiPk Hllnlll Hilton HmeDpe Homesh Hmetke Horsh Humana Hyp2005 IBP ICIn INCO IngerRd InatSy IBM IGamaa IntPap IntpbGa Jackpot JohnJna Kmart KaufBH Kohls Korea Kroger LA Or LACg vjLTV Lilly UmHd UiClab MBNA a MCR MQF MIN MMT MagmC Magnalg MuoFIn MrkCtrn Masco MsyDS McOonld McDnD Medltr Medina Merck Mutyn MerryQo MaxFd MlcrTc MMM Monttn MorgSt Morgan Moranpf NalEdu NHKLab NatnsBk Monk NoeetUt Norwst Nynex OoolPst OfcDspot OvShlp PaoTsI PacMCp PtrCom PorkDri ParkHn PsyCshn PenCn Pennsys Pspslc Pfaff PhllpJl PlaoerO PlaybyB 1080 1047 799 28 684 525 2359 60 695 365 468 2028 535 371 1155 874 723 469 841 556 387 D-D 1482 706 444 1813 22 2929 776 1338 1810 2412 56 -1 1904 1821 789 1019 411 376 954 800 27 27 454 82 62 542 58 395 384 35 35 1293 12858 702 76 956 658 24 1798 726 739 38 376 820 622 505 3483 53 407 G-Q 1224 557 1023 -1 410 42 41 684 615 2312 459 3551 527 682 51 392 3 3873 1184 669 623 718 919 16 393 H-H 782 35 503 43 2562 421 1012 37 -1 1120 38 389 708 2505 614 408 53 1267 46 370 3188 508 600 5343 12 711 886 3020 43 414 634 1835 10587 1717 752 834 1035 24 23 2166 44 43'A K-K 2090 1898 18 664 62 'A 450 2891 37 35 35 427 413 L-L 369 837 30233 22 .19 22 4.08 503 30 1442 2966 1877 33 712 549 10 422 834 721 367 722 39 409 737 2147 1224 367 1452 394 568 656 5689 1137 76 6474 12 939 617 31 745 29 29 748 888 918 892 430 1888 1984 26 738 8 519 834 6H 1792 1682 48 807 941 38 708 51H 1963 22 824 2164 25H 646 49 1321 66 85 379 1701 626 397 16 720 884 24 617 636 680 981 656 801 22 22 452 54 422 7 7 538 2364 14 14 457 31 2679 48 3580 -'A 471 16 1628 72H 1173 2883 1164 901 2723 17H 1236 10 9'A 10 PogoPd 674 20 PIcyMg 455 38 -1 PopeTal 709 Praxair 1037 15 Premrk 745 55 -2 PrHepn 603 Prlmcae 1671 ProctGm 2338 Promuse 808 PSvNM 861 Q-Q QMS 3273 OuakrO 423 Quanex 2023 Ouanlm 400 R-R RJRNab 1584 RJRpfA 5463 RangrO 627 Rayihn 658 RdrDg 699 44 Reebok 459 ReyMtl 467 RPR 1557 53 Rockwl 1113 Rowan 607 RoylD 488 Safecrd 429 SaftN 393 18 Safeway 631 SallleM 489 44 Salomn 421 SFePC 2144 SaraLees 5598 28 SchrPI 838 Schlmb 724 56 Schwba 437 ScottP 741 36 Seagrme 1413 -1 Sears 10718 Sears pIP 478 SvcMer 605 Shaw 501 31 Sherwln 743 31 SllcnGr 716 35 Smlttiln 489 10 10 SmtSc eq 392 Snyder 1098 SonatOfn 431 23 SouthCo 852 41 41 SwBeoa 1826 Sprint 2990 31 Starter 708 23 SlorTch 650 StrideRt 433 17 17 SunMn 4892 Syntax 3003 T2Med 683 16 Tambd 1276 Tandem 1198 13 13 Tandy 764 TelMex 16184 TmpGtb 1259 8 6 Tennco 667 Terdyn 421 Texaco 660 TexUW 1971 Textron 1014 54 Thormd 409 TimeWe 1765 TollBro 485 TOSCO 842 ToyRU 842 39 Travler 1144 30 TucsEP 812 20Cenlnd 602 TycoTya 2314 12 UNUMs 445 58 USWst 1470 43 UST 1292 USXDeln 777 USXMar 2260 USXUSS 1045 Ultramn 1413 UnCmp 1176 UCarb 1890 UnPao X1018 UnTex 689 23 23 Unisys 2652 12 UDornRs 435 13 UHllCrs 953 UsairG 439 USSurg 840 UnTech 485 53 53 Unocal 1769 985 V-V VFCp 726 49 Varco 621 8 8 Verity 433 34 Verity pf 401 Vitro 421 Vodfna 843 W-W WMXTo 2294 WalMrt 10474 WamL 906 72 Welcomn 1690 3772 WCNA 393 WDIglU 402 6 5 5 WstnRee 4778 WstgEI 4174 Weyerh 1916 45 Whitmn 636 Wonvth 639 X-X Xerox 880 Y-Y Yorkln 945 40 Z-Z 537 Zeneowl 1476 1 Mutual funds NEW YORK (AP) The following quotations, from the National Association of Se- curitlea Dealers are the prices at which these selected securities could have been sold (net asset value) or bought (value plus sales charge) Wednesday. Sell Buy Chg. AARP Invst: GlnlM 16.05 N.L Glhlnc 31.45 N.L.

TxFBd 18.29 N.L. AIM Funds: Welngp 16.72 17.69 AMF AdjMtg 9.99 N.L. AoomF 85.10 85.10 4.82 Alliance dp: Allan 7.13 7.54 BondAp 13.82 14.26 4.03 Grlnop 2.51 2.66 MrtgAp 9.28 8.67 MrtgBp 958 9.28 Techp 31.16 32.96 4.09 Anw Capital: 17.70 18.78 EmQrAp 25.19 28.73 4.09 EntAp 12.84 13.82 4.05 GvSoBp 10.6710.874.01 GvScAp 10.86 11.40 4.01 Grlnop 13.39 14.21 HaibAp 15.74 18.70 4.03 PaceB 12.91 12.91 4.02 PaceAp 12.99 13.76 4.02 American Funds: Amcpp 13.12 13.92 4.02 AMuUp 22.49 23.86 4,01 Bondp 14.64 15.27 4.02 CaplBp 32.33 34.30 Eupaop 36.85 39.10 4.04 Fdlnvp 18.91 20.06 4.04 Govtp 14.34 16.06 Gwth 26.67 27.24 4.06 Incop 14.42 16.30 InlBdp 14.41 15.13 4.01 ICAp 16.62 19.76 4.03 NPerp 13.3314.144.01 SmCpp 20.74 22.01 4.10 Wshp 17.62 18.91 Bsnhsm Groups AdlGov 9.98 N.L. GNMA 10.89 N.L. 4.01 Boaton Co Rslsll: CapApAp 27.69 N.L SpGrAp 19.55 N.L.

4.29 Colonial) fundt 1 US Id 22.24 23.60 4.01 FedScAp 11.23 11.79 4.01 TxExAp 13.81 14.60 4.01 USGvAp 6.85 7.19 FedScB 1153 11.23 4.01 USGvB 6.85 6.66 Common Senss: Grwth 16.88 17.33 4.04 Composite Group: BdStkp 11.96 12.62 Qwthp 1286 1347 03 InFdp 9.27 9.66 4.01 NW50 1 TxExp Dean Witter: Convt 1 DivGt FedSec HiYld USGvtt Utllf WldWt Delaware Group: Dectrl 1' Dimensions! Fds: USSml UKIng Fixd 1 Dreyfus: A Bond CalTx Dreyf GNMp GMBdp GlhOp Inlerm MunBd NwLdr NY Tax Dreyfus Premier: CapGlh Eeton Vance: GvtOb 1 TotRtp 1i Eaton Marathn: NtMunt 1 Evergreen Funds: TotRtn ValTm Federated Funds: Arm I FHYT FITIS FSIMT FalgtIS FST GnmalS GnmaSS Fidelity Invest: AMgr AMgrln Balanc CapAp Cplnc Contra Destl Eqlnc Eqldx Fidel GNMA GovtSc GroCo Grolnc HIYId IntBd InvGB LowPr Ovrse Purlin RetGr ShtBd Trend Value Fidelity Spartan: LtdGv FmanciaMnvesco: Indlncp First Investors: Govtp HlohYp Incop TxExp Fortress Invst GISIr Franklin Group: AGE AdIUS CaTTF FedTxF Gold HYTF Incom InsTF NY Tax USGov UtJIs Gen Elec Inv: Ellnln SJSLg Goldman Sachs: AdlGv IDS Group: Bondp Calp Equftp Exllp Gwthp HIYdp MgdRp Mutlp NwDp Select Stock Janua Fund: Balanced Enlerpr Flxlnc Fund Grino IntGvt Twen Venlur WridW John Hancock: USGv A fp Hancock Sovergn: BondA fp Kemper Funda: Divine Grth HiYld Income MunB Tech USGv Kemper Invst: Dlvlnt Gvt! Gwtht HIYdl Shtlntt Kemper Premier: Gvt Keystone; CusB1 CusB2 1 CusK1 CusK2l CusS3t CusS4t TaxFt Family: Lindner Lord Abbett: Afflltdp BdDeb GvSop VaJApp Lutheran Bro: Fund Incom Muni TotRetl MuBdr NFS Lifetime: Mainstay Funda: Govtt Volt Merrill Lynch: BaJA BaVIA CaMA FFTA GIAIA Inatlnp MHYA MnlnA NtRoA PacA STGAp WWIncA BaVIB 1 CFdBI i CpHIBI EurBt FdScBI GIAIBI GCvBt 14.78 15.48 7.82 8.15 10.21 10.21 29.77 29.77 9.83 9.83 4.02 7.28 7.70 9.41 9.41 4.01 14.40 14.40 4.01 15.90 16.90 4.04 17.86 19.52 7.89 N.L 4.01 21.00 N.L. 102.66 N.L 15,32 N.L 4.02 15.35 N.L 13.28 N.L. 15.31 N.L 4.01 15.54 N.L 12.71 N.L 4.01 14.32 N.L 13.30 N.L 33.96 N.L. 16.08 N.L 17.83 18.38 4.02 11.57 12.15 10.20 10.71 10.20 10.20 20.32 N.L 4.03 14.S1 N.L 9.95 N.L 9.23 N.L 10.65 N.L 10.37 N.L 10.50 N.L 25.44 N.L. 11.80 N.L 4.02 11.80 N.L.

4.02 14.48 N.L 4.02 10.79 N.L. 4.01 13.87 N.L. 4.03 16.19 18.69 4.09 9.47 N.L 31.28 32.25 4.12 17.22 N.L 4.04 32.10 32.76 4.05 17.04 N.L 20.76 N.L 4.08 11.20 N.L 10.49 N.L 30.02 30.95 4.05 21.73 22.17 4.03 13.04 N.L 10.69 N.L 4.01 7.61 N.L 4.01 16.92 17.44 69.80 71.96 4.23 10.83 N.L 25.61 26.40 24.37 25.12 4.07 16.53 N.L 4.04 17.73 N.L. 4.03 9.48 N.L. 59.02 N.L.

4.22 39.85 N.L, 4.11 1057 N.L. 11.98 N.L 11.79 12.66 4.01 5.15 5.53 4.07 4.37 10.61 11.29 9.37 9.46 4.01 2.80 2.92 4.01 9.86 10.09 4.01 7.33 7.84 4.01 7.26 7.58 12.19 12.70 4.01 13.47 14.03 11.02 11.48 4.01 2.36 2.46 12.30 12.81 4.01 12.03 12.53 4.01 7.20 7.50 10.23 10.66 11.89 N.L 12.10 N.L 39.76 N.L. 4.03 10.00 10.00 5.28 5.55 4.01 5.36 5.54 11.77 12.39 4.03 4.39 4.62 18.11 19.06 4.07 4.73 4.98 11.61 12.22 4.02 12.72 13.39 4.01 13.92 14.65 4.04 9.57 10.08 20.16 21.22 4.03 11.81 N.L. 19.89 N.L 4.04 S.66 N.L. 4.01 19.52 N.L.

4.01 14.40 N.L 6.20 N.L 24.78 N.L. 4.04 N.L. 21.21 N.L. 4.02 9.00 9.28 4.02 15.88 16.63 4.02 8.13 8.51 14.47 15.35 4.01 9.91 10.38 4.01 8.71 9.12 4.01 10.58 11.08 01 10.12 10.74 4.03 9.31 9.75 6.03 6.03 4.01 7.55 7.65 17.88 17.88 4.03 6.14 6.14 4.01 8.60 8.60 7.55 7.65 16.00 18.00 4.01 16.82 16.82 10.13 10.13 4.01 6.27 8.27 9.73 9.73 4.01 8.06 8.06 8.28 8.28 4.01 6.46 8.68 4.01 22.49 N.L. 4.03 10.83 11.49 9.71 10.19 4.01 3.03 3.18 4.01 11.90 12.63 4.02 18.81 18.59 9.22 9.71 4.01 8.71 9.17 4.01 12.79 13.57 11.33 11.90 7.03 7.03 8.70 8.70 16.10 15.10 4.01 12.76 13.64 4.02 23.11 24.72 4.01 12.05 12.55 28.16 30.11 4.01 8.10 6.44 9.98 10.40 18.72 17.88 12.68 13.76 4.01 10.21 10.21 10.67 11.32 4.01 8.53 8.89 4.01 14.54 16.55 20.04 21.43 4.06 6.69 8.96 4.01 9.17 9.65 4.01 22.86 22.88 4.00 27.70 27.70 8.11 8.11 4.01 11.74 11.74 9.98 8.98 12.74 12.74 4.01 10.82 10.82 GrIRB MHYBt STGBt SDvBt WldlncB MetUte Stalest: Hilnclp TxExp Mutual Series: Qualld Shares National Funda: Bondp FedScp TotRep Nationwide NatFd TxFrt Neuberger Bcrm: Genes Guard Manht Parinr Nicholas Group: Nich Nchll NchLt NelnvGr Nuveen Funds: MunBd, Oppenhelmer Fd: Eqlnc Globl HiYldAp Spool StrtncAp StrincB! TotRtA USGvp PIMCO Funds: TotRI Paine Webber ATLAp GllnAp HilnAp InvGAp NTxAp USGAp AsslBI BlueB GllnB GlInD Phoenix Series: Balan Grwth TotRtp Pilgrim Qrp: Cputip HiYld Pioneer Fund: Fundp Plonrllp PThrep' Price Funds: Equln GNMA 17.36 17.36 10.88 10.86 8.69 8.69 13.63 13.63 9.16 9.18 4.01 6.34 8.25 6.64 8.64 26.38 N.L 79.24 N.L 2.11 2.22 9.83 10.32 4.01 8.41 8.92 16.03 16.79 10.54 10.54 8.23 N.L.

4.01 17.82 N.L 12.35 N.L 20.94 N.L. 52.60 N.L 4.04 28.35 N.L 4.04 18.53 N.L. 28.62 N.L. 9.41 9.88 10.01 10.62 31.58 33.51 4.05 13.99 14.69 4.01 27.49 29.17 5.12 5.38 4.01 5.13 4.01 8.67 9.20 4.01 9.89 10.38 4.01 10.97 N.L 4.01 14.25 14.92 4.04 10.90 11.35 4.02 8.54 8.90 10.90 11.35 4.01 12.05 12.55 10.04 10.46 11.59 11.59 15.82 15.82 4.02 10.87 10.87 4.01 10.89 10.89 4.02 16.21 17.02 20.95 21.99 15.71 16.49 4.03 9.29 9.58 6.33 6.53 4.03 22.94 24.34 4.01 19.88 21.09 20.65 21.91 16.57 N.L 9.89 N.L. Grwth Glhlnc HIYId Incom InllSlk NEra NHorz TxFrl TxFrSI Prudential Funda: EqutAp GvPlAp HIYdAp UtllAp EqutBt GNMAt GlobBt GlbRst GvPIB I GvtScp HIYdBt InVrBt USGvl UtIIBt Putnam Funda: AmGovp CATxAp Convp CpAT GeoAp GfQrAp GrlnAp HIYdAp HYAdp IncmAp InvAp NJTxAp NYTxAp OTCEp Slrlnp TxExAp USGvA VoyAp CATxBt NJTxBt NYTxBt TxExBt Scudder Funda: Devel Grwln STBond Sellgman Group: CmStkA GrowthA Sequoia Shearson Funda A ApprAp MgMuAp Shearaon Funds DvslnBt GvScBt MgMuBt 19.55 N.L 4.02 16.91 N.L 8.94 N.L 9.23 N.L.

4.01 1051 N.L 4.01 20.78 N.L. 4.08 15.71 N.L 9.78 N.L 5.32 N.L 13.58 14.31 4.01 9.35 9.79 8.53 8.93 19.88 20.77 4.04 13.52 13.52 4.01 15.09 16.09 11.16 11.15 11.81 11.81 4.09 9.35 9.35 10.15 10.15 4.01 8.52 8.52 12.08 12.08 4.01 10.20 10.20 4.01 19.61 19.81 4.04 9.18 9.84 8.64 9.07 19.83 20.83 4.01 43.62 44.74 14.12 14.98 4.01 8.38 8.87 13.88 14.51 12.98 13.61 4.01 10.18 10.69 4.01 7.21 7.57 4.02 8.84 9.38 9.33 9.80 9.32 9.78 10.64 11.29 4.04 8.38 9.38 9.83 13.79 14.48 10.90 11.58 4.04 8.64 8.64 9.33 9.33 9.31 9.31 9.37 9.37 4.01 35.33 N.L 4.15 17.16 N.L. 12.05 N.L 13.88 14.34 4.01 5.94 6.24 4.01 59.83 N.L 11.08 11.66 18.62 17.40 4.01 11.04 11.04 13.84 13.84 4.02 8.39 8.39 4.01 9.99 9.99 4.01 18.62 18.62 4.01 PrTRBt SectrBt SpEqB I TxExBt UIIIBt Smith Barmy: IncQrAp USGvtA SrStreet Read: Gvtlnp Tentpmon Group: Forgnp Grwth Wcridp Thomson Group: GwthBt InooBt USGvBt Trensamerlca: Gvlncp GvSecp 20th Century: Grwth Select Ultra USGv Vista USAA Group: Corns! Inco TxELT TxESh United Funda: Accm Bond Conine Hllnc Incom Vang VsnKampen Mar. Qwthp USGvB USGvp Vanguard Group: Explr STAR GNMA HYCorp IGCorp STCorp STFed lax 500 Idxlnst IntlGr MuHY Mulnt Mulnlg USGro Wells! Welltn Wndsr Wndsll Zwelg Funda: ZSGvAp 16.44 15.44 15.11 15.11 4.02 18.06 18.08 4.23 18.13 18.13 4.01 15.48 15.46 13.59 14.23 14.16 14.75 4.01 12.67 N.L 24.30 25.78 4.02 1853 17.22 4.04 14.80 16.70 4.02 22.27 22.27 8.53 8.53 9.50 9.50 4.01 8.43 8.34 8.43 8.78 24.16 N.L. 42.07 N.L 4.18 19.53 N.L 4.10 96.38 N.L 11.84 N.L 4.08 22.33 N.L.

4.05 13.00 N.L 14.14 N.L 4.01 10.65 N.L 4.01 7.85 8.58 8.59 750 4.02 20.87 22.81 4.01 9.30 10.16 4.01 23.64 25.84 4.03 6.52 7.13 15.93 15.93 4.01 15.95 16.73 4.01 44.30 N.L. 4.15 13.60 N.L 10.50 N.L 7.80 N.L 4.01 955 N.L. 4.02 10.98 N.L. 10.40 N.L 42.92 N.L 4.02 43.40 N.L 4.02 10.98 N.L. 4.01 10.96 N.L.

1350 N.L 12.63 N.L 4.01 14.60 N.L 19.35 N.L 4.02 20.42 N.L 4.02 14.16 N.L 4.02 17.06 N.L 10.12 10.62 4.01 KT farm activity Kokomo cash grain Closing: Wednesday May com, per bu 213 Oct-Nov com, per bu 216 Jan com, per bu 2 22 May soybeans per bu 584 Oct-Nov soybeans, per bu 5.70 Jul wheat, per bu 265 NATIONAL STOCKYARDS, III. (AP) Hogs: 1,800 trade moderate; as compared to Tuesday, barrows and gills steady to 50 lower. 1-3 230-260 Ib 48.50-49.00; 260-270 Ib 48.00; 2-3 270-300 Ib 45.00-47.00; 1-3 200-230 IbS 45.00-47.00. Sows: under 500 Ibs lower, lew over 450 Ibs 50 higher; over 500 Ibs steady to 50 higher, 1-3 300-500 Ib 37.50-39.50; over 500 Ib 41.00-45.00; boars over 250 Ib 35.50; under 250 Ib 36.50-37.00. Cattle and calves: 25.

Insufficient volume of any class to test prices. cents (o a bushel; July soybeans fell V4 cent to a bushel. Board of trade Louisville livestock Mercantile Sep Oct CHICAGO (AP) Futures trading on the Chicago Mercantile Exchange Wed: Open High Low Settle Chg. CATTLE 40,000 lbs.i cents per Ib. Jun 75.50 75.55 74.90 75.00 Aug 73.75 73.85 73.05 7352 Ocf 7452 74.47 73.95 74.05 Dec 74.42 74.47 74.00 74.07 Feb 73.95 74.00 73.55 7355 Apr 75.00 75.10 74.70 74.70 Jun 72.10 72.10 72.05 72.00 Esl.

sales 11,547. sales 8,557 FEEDER CATTLE 50,000 cents per Ib. Aug 85.75 86.15 85.17 8557 84.65 85.10 64.20 84.40 84.60 84.72 83.85 84.12 84.76 84.80 84.25 84.30 83.90 84.05 83.50 83.50 83.10 83.10 82.70 82.55 82.50 82.55 82.40 82.40 4.05 82.60 82.50 82.20 82.20 Esl. sales 1,644. sales 1,550 open Int 11,001 HOQS 40,000 Ibs.i cents psrlb.

Jun 51.25 51.60 51.15 51.57 4.37 Jul 4957 49.60 49.12 49.30 4.03 Aug 46.95 4755 46.85 47.20 4.18 Ocf 42.35 42.50 42.15 42.42 452 43.40 43.55 43.30 43.40 4.13 43.65 43.65 43.60 43.60 42.60 42.60 42.55 42.55 47.80 47.80 47.80 47.80 Est. sales 5,073. sales 9.601 open irrt 22,100, up 56 PORK BELLIES 40,000 cents Jul 39.30 39.75 38.85 39.27 4.47 Aug 38.05 38.40 37.75 38.07 4.42 Feb 41.00 41.15 40.97 40.97 4.07 Mar 40.60 40.60 40.27 40.42 4.30 May 41.05 4.05 Est. sales 2,557. sales 2,791 open to 8,877 Nov Jan Mar Apr May Dec Feb Apr Jun CHICAGO (AP) Futures trading on the Chicago Board of Trade Open High Low SeWs Chg.

WHEAT 5,000 bu minimum; dollars par bushel Jul 2.83% 2.85 2.82% 2.84% 4.01% Sep 2.67 2.88% 2.85% 2.87% 4.01% Dec 2.97% 3.00 2.97% 2.99% Mar 3.05% 3.07 3.04% 3.07 4.02% May 3.05% 3.07% 3.05% 3.07% 4.01% Jul 3.05% 3.07% 3.05 3.06% sales 12,904 open Int 54,182, up 579 CORN 5,000 bu minimum; dollars per bushel Jul 2.19% 2.20</4 2.18% 2.19% Sep 2.25 Dec 2.30'A 2.30% Mar 2.37'A 237 May 2.42% 2.43'A 2.42 2.42 Jul 2.46% 2.46 1 2.45V4 2.45% Sep 2.42 2.42V4 2.42 2.42 Dec 2.41% 2.41% 2.40'A 2.40V< sales 59,517 open Int 233,478, up 236 OATS 5,009 bu minimum; per Jul 1.32% 1.35% 1.32% 1.35% 4.02% Sep 1.35% 1.37 1.34% 137 4.01% Dec 1.40% 1.41% 1.39 1.41% 4.01% Mar 1.44% 1.45% 1.44 1.45% May 1.47% 4.01% sales 2,141 open inll 3,133 SOYBEANS 5,000 bu minimum; dollars per bushel Jul 6.89 5.91V. 5.88 5.88% Aug 5.86 5.W/4 5.89% 5.87</4 Sep 5.86% 5.87% 5.84 5.84 Nov 5.87 5.88% 5.84 5.85 Jan 5.93% 5.94% 5.91 5.91 Mar 6.00 6.00% 5.98% 5.98 May 6.02% 6.03% 6.00 6.00% Jul 6.04 6.05% 6.01 6.02 Nov 5.90 5.90% 5.86% 5.87% sales 93,130 open Int 137,763 SOYBEAN OIL 60,000 Ibs; dollars per 100 Jul 20.95 21.03 20.72 20.77 Aug 21.09 21.17 20.86 20.93 Sep 21.25 2158 21.00 21.05 Oct 21.35 21.39 21.13 21.16 -23 Dec 21.50 21.62 2134 21.39 -23 Jan 21.52 2152 21.48 21.49 -54 Mar 21.70 21.75 21.67 21.69 May 22.00 22.00 21.85 21.85 -59 Jul 22.10 22.10 21.95 21.98 -57 sales 22580 open Int 65,694, up 494 SOYBEAN HEAL 100 tons; par ton Jul 188.90 1B7.80 19650 186.90 Aug 185.90 167.10 185.70 186.30 4.40 Sep 185.80 186.70 185.40 185.80 4.10 Oct 185.30 18650 18550 185.80 4.40 Dec 185.60 186.70 18550 186.00 4.10 Jan 185.00 186.70 166.00 18650 Mar 18850 16750 166.20 188.40 May 189.50 167.50 166.50 183.70 -M sales 49,161 open Int 74,312 LOUISVILLE, Ky. (AP) (USDA) Ken- lucky direct Not snouori cattle for a market report estimate Today's estimate: 3,300 Tuesday's actual: 5,034 Wednesday week ago: 4,009 Wednesday year ago: 2,186 Barrows Dills: Country points (regions): west; plant Trends: mostly steady; steady; steady; steady U.S. 1-2 230-250 Ibs. 47.00-48.50 47.5048.00 46.50-47.00 49.00-49.60 210-230 Ibs.

44.5047.00 44.50-47.00 43.50-48.0046.00-48.50 U.S. 2-3 230-260 Ibs. 47.00-48.00 47.0047.50 46.00-46.60 4S.50-48.00 U.S. 3-4 260-270 Ibs. 46.00-47.00 46.0047.00 45.00-46.00 47.60-48.50 carcass bid 86.00 85.00 Sows: trends: mostly steady steady 1.00 U.S.

1-2 270450 IbS. 33.00-34.00 33.0035.0032.00-34.00 U.S. 1-3 300400 IbS. 34.00-35.00 35.0037.0034.00-35.00 400-525 Ibs. 3S.OOO7.00 37.00-39.00 35.00-38.00 Over 525 Ibs.

38.00-42.00 39.00-40.00 37.00-40.2.00-34.00 32.00-33.00 30.0032.00 Boars: (all weights) 30.00-35.00 26.00 29.00-29.60 INDIANAPOLIS (AP) Hogs 200. Barrows and gilts steady. US 1-2 230-250 Ibs 47.00-48.00. US 2-3 23d-250 Ibs 46.5047.50. Sows: Light sows steady; heavy sows 1.00 higher.

US 1-3 350-500 Ibs 34.00; 500 Ibs and above 42.00. Boars: 1.00 higher. All weights 34.00. INDIANAPOLIS (AP) Indiana direct hog market at 70 yards and markets Wednesday. Barrows and gilts steady to firm.

Demand mostly good. US 1-2 230-280 Ibs country 46.50-49.60, few 60.00, plants 48.26-49.50. US 1-3 230-260 Ibs 47.0048.50; 210-230 Ibs 44.50-47.50. Sows: Steady, Instance 1.00 lower. US 1-3 300-500 Ibs 33.00-38.00; 500-650 be 36.00-40.00.

Indianapolis grain INDIANAPOLIS (AP) Estimated prices Wednesday at Indanapolla area, elevators: Com No. 2 yellow new $2.012.16. Soybeans No. 1 yellow S5.74-6.83, new 15.51 Wheat No. 2 soft red Jury Wheat futures CHICAGO (AP) Wheat futures prices rebounded modestly Wednesday on the Chicago Board of Trade but the com and soybean markets slipped further after post- Ing sleep losses In the previous session.

Wheat futures, which dropped about five cents a bushel on Tuesday, regained more than one-third of that amount on newe ol U.8. wheat sales to the Philippines and South Africa. Signs ol progress on finalizing U.S. food aid to Russia also helped lift wheat futures. "Wheat's bean a reej dog lately, but every dog has Its day," said Joel Kariln, grains analyst with Shearson Lehman Brothers Inc.

fn Chicago. Com and soybeans edged lower despite elans of Improved soybean exports and mild concern about the slow pace of soybean planting, which was 46 percent com- Com planting was 87 percent complete compared with the norm of 92 percent, the USDA said In a report late Tuesday. Kariln sold the potential for another round of selling by large Investment funds kept other traders from buying com and soybean Wheat for July delivery lose cents to a bushel; July com slipped cent to i bushel; July oats rose AS Qlftft you to 453-9075 IFVCUUKEMOVsU.