The Signal from Santa Clarita, California • 5

Thursdoy, February 15, T990 Newhall Signal Souqu5 Enterprise 5 osioess nam Most active NYSE stocks 1990 condo sales on way up in SCV Stocks of local interest Wednesday's Handy Harmon Gold NYSE issues consolidated trading February 14, 1990 S414.60, off $3.45 Volume in shares 168,957,010 Wednesday's Issues traded 1,949 Handy yS1 Harmoi Up Silver Tue Wed ch American 50 50' Arcc 112'. 113'i Baxter Trs', 24 24'. Bergen 225. 23 Disney 107s. 109'.

Hondo Ot' 15 15 nc Huntway Par; 11 11 nc Lockheed 34' 34 Newhall Innn 29 2gy. nc NTS 1'. 1'. nc Oryx Energy 447. 45 't Rjxhall Ind.

75. 77. -7. SCEcorp 387 387. 7.

Textron 227. 227. nc 3D System? 127? 13 17. Trans 117. 11 -7.

Unisys 14 147, Whittaker 87. 87. -7. Valencia Nat'i 127, 127, nc $5,325, up $0,005 749 Unchanged 519 Down 681 NYSE Index 183.21 Up 0.36 Difficulty of down payments has hurt home purchases By DOUGLAS FERBER Signal staff writer SANTA CLARITA VALLEY Townhouse and condominium sales have been on the rise in Santa Clar-ita Valley during the first five weeks of 1990. Existing home sales, however, have dropped, according to the figures released by the SCV Association of Realtors.

On Feb. 9, 1989, there were 415 single-family homes sold ycar-to-date. The average price was 5195,563. Figures released Feb. 8 of this year show 222 single-family residences have been sold at an average price of $236,638, 17.4 percent more expensive than last year.

Meanwhile, townhouse and condominium sales have more than doubled over last year's to-date statistics. In the first five weeks of 1989, 49 townhouse and condominiums were reported sold at an average price of $119,562. In the first five weeks of 1990, 106 sold at an average price of $136,417.95, a 12.4-percent increase from last year's to-date statistics. Jim Lewis, executive vice president of the SCV Association of Realtors, said while the average young couple with two incomes can easily make monthly payments, it's difficult for them to come up with the down payment. "If young people arc fortunate, they have parents who have a home that they can take out equity on it's almost the only way young people can get into owning a home," Lewis said.

Lewis said the trend toward purchasing condominiums is a matter of dollars and cents. "It's affordability, as prices rise people have to settle for purchasing what they can afford," he said. Lewis said he recently came across statistics that showed Americans were less able to save money than their European counterparts. "That's America, people don't save we have more things to spend it on," Lewis said. Lewis said he expects interest rates to affect sales.

"I think they (interest rates) will be relatively flat and slightly lower toward the end of the year," he said. "When interest rates are good, there are more buyers and prices will rise again. It's the old game of supply and demand." Composite 332.01 Up 0.99 Stockquotcs orovided by the Valencia office of Dean Witter Reynolds Inc. Valencia National Bank quote provided by Sutro. Dow Jones Industrials 2,624.32 Up 0.22 Marriot .28 3056 28 28 28 7.

McDnl .31 5397 32 32 327. -7. Mead .88 4135 31 307. 30 Melviie 1.42 3099 42 41 41 MMM 2.92 3935 81 80 80. NMedE .72 4606 33 32 32 Navistr 8168 37.

3 3 NGerm 4368 20'. 187. 20 1 NiaMP 3893 14 13 14 7. NorTel .23 3930 23 237, 237, -7. Norton 2 3216 50 497.

49 7, OcciPot 2.50 4837 27 277. 27 -7. PacTel 1.88 3674 44 43 44 1 ParCom .70 2952 43 42 43 -7. PepsiCo 1 4434 597. 58 58 Pfizer 2.40 3402 687.

677. 68 PhilMr 1.37 14828 39. 38V. 39 PhilPet 1 5748 26 267. 26 PIcrD .30 7289 19 19 197.

-7. PPrIT 1.14 5564 77. 7 7 -7. Rorer .84 4561 62 61 627. Rowan 4874 12 12 127.

7, Schlmb 1.20 4636 49 487. -7, SwBall 2.60 3277 53 53 537. 7. StoneC .72 3731 22 21 217. -7.

Syntax 1.50 7569 51 497, 51 17. Tandem 8276 287. 277. 28 7. Tennco 3.04 4857 66 657.

65 Texaco 3a 10060 59 58 58 -7. TmW pi 3865 40 39 39 Unisys 1 3345 14, 14 14 UnTech 1.80 2965 51. 507. 51 7. WstgE 2.40 3050 71 70 70 -1 Weyerh 1.20 3024 24 23 24 7.

Xerox 3 3668 53. 51 517. -17. NEW YORK (AP) Wednesday's prices lot wwmi i iw MYSE listed most active stocks: Ap Sales High Low Last Chg AMR 3543 55H 54W 55 duPont 8447 38 38 38Vi ASA 3a 9027 597. 55K 59'.

-2 EKodak 2 8713 39 38'4 387. AMLab 1.40 3602 65 64'. 647i 54 Exxon 2.40 7048 47V4 46'. 47 Alcoa 1.60a 3236 61 60V4 60' FdNM .56 8317 34 337. 34V4 AmHes .60 3469 48'.

4754 48V4 FNMwt 3728 21'. 20V4 20 AmExp .92 11377 29'. 2814 29 FedPB 1 2961 227. 22 22VS -7. OakrHu .46 6666 267.

25'4 2654 Flntste 3 19232 357. 34V4 34'4 2 BKNE 4530 5'. 4S 5 FlnstA 11410 2 1V4 1W -54 BnkAm 1 13007 27 25'S 271. FiMiss .30 3300 16y. 16 16 Bausch 1.16 3065 54 527.

53'4 -54 Fluor .24 4024 42'. 41 41'4 7. BollSo 2.52 3436 53'. 5254 5354 FordM 3 4259 44y. 4454 44V4 BeihSH .308 3730 187, 17V4 177.

-54 FoslWh .44 3466 257. 2454 25 7. BlackD .40 3884 1 6'. 15VS 1654 V. GTE 2.92 4807 617.

61 Vi 6154 7. Boeings 1.20 5000 63, 62V4 6354 151 Genotch 4419 277. 2654 26V4 BrMySq 2.12 5032 53'. 537. 5354 GenEI 1.88 8558 627, 62 627.

7. BrlRsc .648 2961 427, 4154 4154 -54 GnMoIr 3 4576 4354 43 43 -7, CentEn 1.60 8039 1 97, 19'4 1954 -7, Glaxo 1.02e 3235 24 247. 2454 7. Chase 2.48 15907 2754 267. 2754 7.

GlbM 23715 57. 47. 57. 7, ChmBnk 2.72 3558 26y. 2554 2654 7.

GlbM wt 5856 3 2'. 3 Chevrn 2.80 7002 70 687. 6954 17. GtABk .20 3822 57, 454 414 -7. Chryslr 1.20 3966 1 6 167.

16 GlNNk 1.32 23980 64. 6354 64 2 CirdeK 3198 27, 2V4 27. GtWFn .80 4270 1 67. 1654 1 654 7. Citicorp 1.62 14586 23V4 22 2354 Halbtn 1 4326 467.

45 46 7, Coastal .40 3299 337. 3254 337. 7. HarBrJ 4758 27. 254 254 7.

CocaCI 1.36 4270 6 7 67 67 7. HarBJ pi 1.621 3181 2 2V4 254 7. CPsyc 5548 237. 2254 22 7, Harnish .20 3789 247, 2354 24 7, Compaq 5241 88 86 87 1 Hmstke .20 6085 227. 21 227.

-7. CmpAs 3342 137. 1254 13 HK Tel 4414 20, 20 20 Contel 1.10 3009 27 26 2754 INCO 1 4970 237, 22 22 -7. Cyprus .80 2975 23 2254 227. -7.

InldStl 1.40 3037 33 32 32 7. Deere 2 5209 67 67 677. IBM 4.84 150171047.1037.1037. 7, DeltaAr 1.20a 4786 64 62 63 JohnJn 1.16 4621 55 55 55 7, Digital 3036 78 77 777. Loews 1 41081051011017.

-47. DowCh 2.60 5437 63 62 63 7. LILCo 1 4016 1 97. 197. 19 7.

MTTltTKilTiilBnWan4.il1. CC0FF Market finishes high in drifting session NEW YORK The stock market edged upward in a drifting session Wednesday, showing few ill effects from the collapse of Drcxcl Burnham Lambert Inc. 1 The Dow Jones average of 30 industrials rose .22 to 2,624.32. Advancing issues slightly outnumbered declines in nationwide trading of New York Stock Exchange-listed stocks, with 749 up, 681 down and 519 unchanged. Volume on the floor of the Big Board came to 138.53 million shares, against 144.44 million in the previous session.

USIU sells interest in television station SAN DIEGO United States International University has sold its 74 percent interest in KUSI-TV to minority owner Michael McKinnon for $26.2 million, officials said. The sale, plus a $15 million loan restructuring that USIU officials expect to see approved Feb. 28, will ease the financial problems that have contributed to bringing the school's accreditation in question, USIU chairman Theodore Vallas said Tuesday. USIU's acting president, Kenneth McLennan, said that the university is launching a 10-year, $100 million fund drive. Transamerka reports record earnings SAN FRANCISCO Trans-amcrica Corp.

on Wednesday reported record fourth-quarter earnings and an increase in year-end profit, spurred largely by strong performances in its insurance and finance businesses. For the fourth quarter ended Dec. 31, 1989, the financial services corporation reported net income of S76.1 million, or 95 cents per share, compared to $58 million, or 73 cents per share, in the same period in 1988. U.S. jets to be $4.3 billion over budget LOS ANGELES The price fag on 210 military transport planes the Air Force is buying from Douglas Aircraft Co.

has gotten $4.3 billion bigger, largely because of unanticipated inflation costs, officials said. The Air Force underestimated inflation costs related to the program by $3.2 billion, while program delays will add another $1.1 billion in costs, said Maj. Ron Fuchs, an Air Force spokesman. The increases will raise the total( purchase price for the C-17 military transport planes to $4,1.8 billion, Fuchs said Monday. Computer company announces layoffs LEE'S SUMMIT, Mo.

Faced with strong competition from Japan and slumping demand for memory chips, the Alliance Semiconductor Corp. announced Tuesday that it had laid off 153 employees and ceased manufacturing in Lee's Summit. Compiled boat Signal news services 23120 Lyons Newhall, 259-6315 (Wayman behind Blockbuster Video) Tole DO ATLQ DECORATIVE PAINTING CLASSES SUPPLIES "A gift from the heart is one you make yourself." NEW CLASSES BEGINNING FEB. 26 Sign Up Now Beginning Advanced "No experience necessary to tole paint" 26111 Bouquet Cyn. Rd.

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