The Salina Journal from Salina, Kansas on April 30, 1997 · Page 23
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The Salina Journal from Salina, Kansas · Page 23

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Wednesday, April 30, 1997
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THE SALINA-JOURNAL T ECONOMY Money WEDNESDAY, APRIL 30, 1997 D3 Dow soars by 2.64 percent Modest raise for work force gives financial markets reason to jump By The Associated Press WASHINGTON — Though hardly cheery news for America's employees, a report of a smallish increase in wages and benefits sent financial markets soaring Tuesday. The Dow Jones average of industrial stocks surged 179.01 points, the second-biggest point gain ever. Other reports showing a sag in consumer confidence and a sharp drop in factory orders underscored the message that accelerating inflation may not be such an imminent threat. That means the Federal Reserve may be able to avoid ratcheting up interest rates as much as investors had feared during the past month and a half of turmoil on Wall Street. Tuesday's advance in the Dow Jones average — to a close of 6,962.03 — was the largest point gain since a record 186.84-point spurt Oct. 21, 1987, in the aftermath of the Black Monday crash. The increase of 2.64 percent was the biggest in 5.5 years but was not close to any record. The average now has recovered more than 80 percent of the nearly 700-point loss it suffered between March 11 and April 11. Bond prices advanced sharply, too, pushing down interest rates on credit markets. Yields on 30-year Treasury bonds — a barometer for borrowing costs ranging from home mortgages to business loans — fell from 7.11 percent Monday to 6.98 percent, the lowest in a month. Wages and benefits rose a modest 0.6 percent in the January-March quarter,.the Labor Department said. That was in the low end of the range for gains in the Employment Cost Index over the past two years and only two-thirds of the 0.9 percent predicted by economists. "There are just no labor cost pressures visible in the economy even though the unemployment rate is so low," said economist Bruce Steinberg of Merrill Lynch in New York. "Companies can't easily raise prices without losing market share. That makes them wary about handing out big pay packages." Economists predicted the modest advance in labor costs wouldn't deter Federal Reserve policy-makers from raising short-term interest rates a second time when they meet hi three weeks. "But it argues rates shouldn't go up more than a quarter-point at a shot and perhaps ... the Fed can move a bit more slowly," said economist Mark Zandi of Regional Financial Associates in West Chester, Pa. Employment cost index Seasonally adjusted for total compensation, wages, salaries and benefit costs for all civilian workers. Indexes (June 1989=100) 135 Deo. 1996 +0.8 Sept. 1996 +0.6 June 1996 +0.9 March 1996 +0.6 I II III IV | I II III IVI 1995 1996 '97 Source: Dept of Labor NEW YORK STOCK EXCHANGE Nime ACNIels n ADT AFLAC AMR ftlvm AT&TI AblLab AccuStll Acuson AFPProv AMD Aetna Inc Ahmans AlrTouch Albertin Alcan AllegTeldy Allegnc n AldSgnl Allstate Alltel- Allwasle Alza AmHes AmOnllne AmExp AGenCp AHome AmlnlG AmStores Amercrd Amerltch Amoco AMP Analog a Anheus s Apache ApplMg ArchOan Asarco AscFCap n AIIRIch AutoDt AutoZone AveryD s Avon s BBN Cp BakrHu BaltGE BancOne BkNYs Panlr Am uanKAm BkBost BankTr Bard Barnett s BarrlckG BatlMt BauschL Baxter BayNtwk BeacnPr BearSt BectDk s BellAtl BellSo BenefCp BergBr BerkHa A BerkH B n BestBuy BethStl Biovall BlackD BIckHR Boeing Bombay BostEd BostSc Brinker BrMySq s BritPI BritStl BrwnFr Brnwk Burllnds BurlNSF BurnPP ButlerMlg CANTV n CNF Tran CSX CUC Inll s CVS Corp CWMMI Cabltrn s Cabot Cadence s Calenergy Caliber CallGoll CampSp s CdnPc g CapOne CardnlH s CarnvCp CaroPw Catelus Caterp CenSoWst Ceridian ChmpE s ChaseM ChesEng s Chevron ChlYuc Chlquta ChoiceH n Chryslr s Chubb CinMII CineOd CINergy Circus Citicorp CilyNC CocaCI CCFemsa Cognlznt n Colemn i Dry. PE Vol. Lait Chg. - A • A • 26 3625 15% +% 4608 27% +% .4015 5258 42% t % .04 11 3032 25 % 1fl Q£9Q 0*3 S£ .Li 11 IU 99C3 yd TO +d TO 1.321056229 33% +% 1.06(2417224 60% + 1% 3211241 18'/4 +% 3440 23ft 1.21e 7229 18 — % 20022 42% + 1% .8021 3964 69% +5% .882710028 37 % 6716009 25% ft .64117 4582 32% .6018 3692 33V, V, .6419 4072 26% % .40 16 5130 20% % 1.0419 6819 71% % .96(1410476 65% +2% 1.1 15 3924 30% % 35 3061 8% % 24 3253 27% % .6025 7508 48% % 15633 44 +1% .901819137 66ft +2% 1.4 15 6847 43% + 1 % 1.642122956 65% + ft .402011061 126ft +5ft .6423 7207 45% +% 11 7152 12% 2.2615 6618 61 +1% 2.815 6156 82ft +2 1.0420 6279 36 +% 24 7630 24ft + 1 Vi .96 1813069 41% t % .28 19 2961 33% + % 6 7907 25% + 1% .20b 20 14152 18 +% .60 9 4176 29 + % .4019 3247 50 +2% 5.70(12 6690135 +% .46 26 6620 44ft + 1 % 21 6634 23ft + % .6821 3046 36% + 1 1 9fif 9R dQIR R1 Ijt j. 9U I.IDT £0 4CMD 01 74 +t To • B • B • 3032 Z] Vt — % .462431104 34% +ft 1611 3299 25% + % 1.521324787 42% + 1 .961 1627197 39ft +2% j^^'jssijpiyii^tt. ^^"T*I i p~* i™i i n 1 1~^ P™" NX r~ t^ OTHER INDEXES ••fefLAMflHB STANDARD & POOR'S 500 INDEX 1 •• !•••• STANDARD & POOR'S INDUSTRIALS U^JlBIl NEW YORK STOCK EXCHANGE OVER-THE-COUNTER EXCHANGE O,962.O3 AMERICAN STOCK EXCHANGE CHANGE: +179.01 VOLUME HIGH: 6,970.86 NYSE 4 P M< REVISED VOLUME LOW: 6,783.02 NY SE AFTER-HOURS VOLUME Stock data by The Associated Press NY g £ CONSOLIDATED VOLUME Call COMMUNITY line TOTAL CONSOLIDATED ISSUES TRADED STOCKQUOTE/Category9000 ISSUES LOWER IN PRICE FINANCIAL^/ Category 7500 ISSUES UNCHANGED 1 0 MOST ACTIVE STOCKS 794.05 +21.09 933.07 +23.66 413.62 +9.93 1 ,242.63 +25.60 548.03 +6.83 547,663,773 3,586,227 654,835,970 3,337 2,119 554 .664 NEW YORK STOCK EXGHApfe AMERICAN STOCK EXCHANGE :OVERrTHE-COUNTER Name Volume Last Chg. Name Volume Last Chg. Name PepslCos 120754 34% +3% SPDR 319747923-32 + 27-16 Cisco PhllMors X108971 39%—% VlacB 13894 25% + % Intel PharUpj 66613 29% + % Metromda 801191-16 + 5-16 Mlcrottts EDS 63428 33 + Vt EchoBay 6879 5% WoridCms Boeing 58092 96% + ft Nabors 6130 18% TeleComA ATaVTi 56229 33% + % Phonelel 548425-16 + 3-16 ApldMal WMXTc 53169 29ft + U IvaxCp 5140 7% + % Oracle RJRNab 51537 29% + % Harken 4462 4% + 1-16 SunMics IBM 46250158% +8 Haibroi X4192 24% + % NtwkQs ChaseM 41872 90% +3 Riviera n 3416 13ft + % MCI 2,04(17 9788 72% +3% 4.011 5171 81 +1% ColgPal 2.20(26 4137111ft+3% FleetFnc ' 1.815 7789 60% + 1% KCtyPL 1.6227 407 27ft +% 6620 4659 32% — Vt ColHCA s .0615x27627 34% + 1% Flemng .0827 1809 16% + % Kellogg 1.6836 5974 68ft + 2% 10817 6725 48% + 1 % Comerlc 1.72(16 3046 58% +2 Fluor .7617 3343 54% + 1 Kellwood .6015 378 23% .1441 8502 22% +'/4 CmpUSAs 2524206 19% + 1% FordM 1.661 841146' 35% +ft Kennmtl .6814 3447 35% + 1ft 05 3473 5% ChlleTels .141 4561 31ft + 1% FoundHS 17 7051 25% + 1% Keycorp 1.68115 5363 51ft + 1% 1.0435 3479 40% + 1% Compaq 1638184 84%+ 4ft FrnkRs s .3220 3770 57V4 + 3% KlmbClk s .9620x12254 51 +2% 1.1341 4768 47 +% CmpAsc s .102224175 49% + 1% FresenM n 4459 30% + % KnighIR s .8011 4173 38% + 1.% 3715506 16% +% CompScI 2413462 60 +1% FrontrCp .6716 8926 16% +% Kroger I 20 9083 27% -f ft 1.8522 3535 30ft + 1 ConAgr 1.0956 4358 57% +% -G-G- -L-L- .60b 7 4913 30% + 1% Conseco s .122017023 41% + 1% GPU' 2.00(11 6274 32% +% LCI Intl 18 3688 16% +% .5220 4516 45% + 1% ConEd 2.110 7907 27ft +% GTE 1.881515211 45% +% LSI Log 3612393 38%+2% 2.9611615438 67% + 2% ConsNG 1.9416 3278 50 +% Gabelll 1.00 4849 9% LTV .1211 3276 13 1.441713636 44V4 + 1% CIIAIr B s 5 3922 31% +% Gannett 1.4418 4294 87% + 2% LaQulnta s .0726 5256 22% +% 2.0812 4342 62% + 3 Cooper 1.3215 4961 45% +% Gap .3020 6637 31% +ft LearCorp 14 3193 35 +% .60(18 3140 33% t ft Coreln .2411 94 14% GenElec 2.082529679110% + 3% LearnCo 3367 5ft +% 18 z 310 38000 + 100 CoreSIF 1.8816 7962 50% + t% Genlnsl 21 5052 21ft +% LehmBr . .2419 5370 33ft +ft 1 381273 +5 CorPrptn 4254 14%—% GnMill 2.12(23 9021 61%+2% LlllyEII 1.443110680 87% + 3% 7273 13% tft Cornlngln ,72b 55 6415 47 +% GnMotr 2.001820105 57%+2% Llmltd .48112 4704 16% + % 16195 8% +% CorctCps 72 8984 32% + 1% Gillette .86(43x13975 83%+2% LockhdM 1.613 4015 88 +% 25 4011 24% + 2% CntwCrd .3211 4839 27% + 1% GlaxoWel 1.31e2919117 39% + 1% Loews 1.006 3529 91% +% .4815 4220 33% +% Covance n 60 4638 15 + 'A GlbDIr . 14 5736 16% + 1% LoraISp 7296 14% + % .60 4249 32% + 1ft CresRE s 1.2238 6872 26% +% GlobM 1528277 20ft +% LaLand .2421 3192 46% +% 1.122656092 96% +ft CypSem 3914568 14 +1% Goodrch 1.114 3701 39ft +% Lowes .2222 3931 37ft + 1% 3928 3% Cyprus .8024 4250 22% Goodyear 1.1212 3862 52% +ft Lucent .303024665 58% + 2ft 1.88 10 3577 25% + 'A - D • D • Grace n .50 18 2919 50% + % • M • M • 3312263 42% — 'A DTE 2.0615 5604 27% +% GtWFn 1.06016019 39% +% MBNAs .46(23 9721 32'/4 + 1% 15 6245 11ft +% DalSem .14(24 3636 36%—% GreenTrF .301225367 27% +% MEMO 19 3662 27% + 1 % 1.52(2225424 65% + 3% DaytHud s .6420 4098 42% + 1% GrnptFIn 1.00(17 3306 55%—% Magnal g 1.201 3135 51 +% 4.64e16 3145 139% + 1% DeanFd .76 3069 37% + 1% Gluscll L 4896 11 Mallnckr .6614 4551 36%—% 1.97e 4 5469 23%—% DWDIsc s .5613 6496 37% + 2% GTelevsa .07 18639 22%—% MAPCO s .6011 3143 29% +% .68 4633 27% t% Deere .8014 5533 45% +% QTribasa 6551 5% Marriott .3223 4873 53ft + 1% .5014 3266 27% + V4 DeltaAIr .209 6101 93% + 3% Gucci .30p 3633 69ft + 2 MrshMc 3.619 3364120%+4V4 15 5263 10% —Vt DlaOff 36 6116 65 +% Guldant .0329 3188 67% + 2% Masco .8020 3178 37% +% 1.214 5539 77% +ft Dlebold s .5023 4366 34% +% GHCdag 3434 7% +% Mattel .2451 6122 27% + 1 1.01610250 12% +% Digital 9389 29% + 1% Gullstrm n 25 3417 25% +% MayDS 1.215 6404 45% +% .48110 86 33% +% Dlllird .1614 2274 30 -H-H- McDerl .20 11875 18W— 2'/4 -C-C- Oltney .53(3022231 80% + 3% HFS 45 9048 57% + 1% McDerJR 2810526 17%— 4ft 2971 29% +% DollarGs .2029 6287 30% + 1% Halbln 1.02516353 69%—% McDnlds .302424703 52ft + 1% .40b20 3766 30 +% DomRes 2.5613 4563 34« + 1 HarleyD .2417 4556 39% +ft McDnDg s .461610609 58% + 1 1.0412 9769 46% +% Dover .6615 3906 52ft — % Harnlsh .4017 3167 43% + 1% McGrH 1.44122 3013 51 — % 5121114 20% +% DowCh 3.011 9556 83% +% HarrahE 12 6012 16% +% MedPart 7157 18% +% .44b50 9176 49% +% Dressr .6620 6002 29% +% HIIMgt s 3014625 26 — % Medtronic .3632 6515 68ft + 2% 1.68(13 3719 20% +% DuPont 2.281611273107 +4% Hllhsth s 26 6432 19% + Vt MellonBk 2.64115 6286 81% + 1ft 22 7297 32% + 1% DukeP 2.1213 8306 43% +% Heinz 1.162210422 41% +ft Merck 1.68(2729006 91% + 2% .4010 4421 21ft — % DunBrds .6622 3227 24% +% Herculs 1.00112 3630 39% +% MercFn 2 9216 1% — % 2110061 29% + 1% -E-E- HrtgMda s 30 3080 18% MerrLyn 1.6011214362 94ft+5% 24 8022 39% + 1% EMC 2214644 36 +2 Hershey s .8029 3499 53ft + Vt Mesalnc 7110972 5 +% .40m 4591 26% +% EastChm 1.7612 3500 51% +% Hertz n 9107 28% + 1% MIcrnT .0563231079 35% + 1 Vt .28(17 3573 30 +% EKodak 1.76(2415434 83'/4t2% HewlPk s .482032779 51% + 2% MldAmEn 1.215 3125 16ft +% .7735 7214 50 +1% Edlsonlnt 1.01316115 21% +% Hlbern .3214 5465 12ft + Vt MldAtlan 3188 11% +% .48 15565 23% Edwardi .72111 2765 35% + 2% Hilton s .3230 5423 26% +% MlllenCh n .60 2962 17ft + % .3216 5243 34ft tft EDS .603963426 33 + V. HmeDep .242911823 57% +% Mllllpore .36 7919 38 +% .1033 6769 51%—% EIIAqult 1.26e25 3339 48% +ft Hmstke .2029x6013 13% +% MMM 2.12123 9209 86ft +% .4418 5091 36% + IVi EmnnEI s 1.0822 7310 50% + 1% Honywel 1.0821 7131 68ft + 3% MlrRsrts 19 7724 20 — % 1.8814 3426 34 EmpDItt 1.2815 130 17ft — % HostMar 21381 17 +1 Mobil 4.24118 10377 128% + 3% 14904 14% +% EnrgyGpn 5459 31% +% Houshlnt 1.5616 4171 86% + 3% Monsan s .602714228 40ft +% 1.612 4976 87ft — % Enron .9016 9152 37 Housllnd 1.512 5180 19ft +% MorgSI .8010 8610 62ft +4ft 1.7410 6068 19% +% ENSCO 28 6122 46%—% Humana 27 5946 21% + 1% Morgan 3.5213 7297100% + 2% 14 3500 32% + t% Entergy 1.813 6771 23% +% -l-l- Mortonlnt .6016 4433 41V4 + 1% 11 5628 15% +% Equilax .3322 5256 27'A — % IBP .1012 3458 24% +« Motorola .483221578 56ft + 1% 2.48(1141872 90% + 3 EqtCos .2073 8980 29 +1% IMC Glo .321810550 35% + 2 Mylan .1618 3954 12% 20 6227 14% +% EsteeLdr .3435 3118 45 +1% ITT Corp 28 3104 56% +% -N-N- 2.1616 9653 67ft + 1ft ExIdeCp .0836 732 16% t Vt ITT Hart 1.613 3596 73% +3% NCR Cp n 3296 29% —Vt .204 6668 3% — % Exxon s 1.581835927 55% + 1% IkonOlfSol .162315915 24% +ft NIPSCO 1.614 6170 39% +% .20 3127 14% +% -F-F- Illlnova 1.249 6852 22% +% NablsH .62 21549 37Vt + Vt 7659 14% + 1% FPLGp 1.92113 6289 44% +% IBM 1.6 1446250 158% + 8 NatlClly 1.6414 3051 48% + 1% 1.60637363 30% +% FalconDr 6597 37%— 1% IntGame .1215x6179 16 +% NMedla 23 4061 8'/4 + 1% 1.16(18 6013 57% + 2 FannlMae .641628939 40% + 1% IntPap 1.037 8684 41%—% NalProc n 13 2992 7 +% ,3611 3033 18ft — % FedExps 18 4757 52% + Vt Iomega s 3210618 16% +% NtSeml 22284 24% + 2% 11414 1% + <A FdHmLns .4011812757 31 % + 1 IrvlneApt 1.4623 5631 26% + 'A NallStl 7 3990 9ft — % 1.817 3277 33% +% FedMog .48 2381 27% +% -J-J- NatnsBk s 1.321433417 59ft + 2% 24 4385 23%—% FedrDS 2610156 33% + 2 JLG s .0210 3677 11% +% Navistar 27 3107 10% + Vt 2.11535081112 +4% FslAm 1.6815 3141 66ft+3% JohnJns .6612727262 60 +% NwbNk s 9323 30% + 1% ,4415 2973 22% +% FtBkSy 1.6616 2881 76% +2% JumboSpl 2697 4ft +% Newell .64(21 6310 34ft + V, .564140023 62% + 1% FChiNBD 1.61214380 55% + 1% -K-K- NewmtM .4836 8143 34% +% .27e 34x4172 35 +1ft FstDala s .082323298 33 +% Kmart 2619327 13% +% NlaMP 17 5627 B'/, .1221 3749 31ft +% Fst USA s .2424x4972 47ft + 1% KN Engy 1,0817 199 37%—% NlkeB s .402017567 54% + 1% 286 15%—% FstUC 2.321315597 81% + 1% KinPlpSn 2.413 66 26% +% NoblAf .1619 2906 35% +% Volume Last Chg. 124549 50 +3% 105427150 +3% 92440119 +4% 80352 23% + 1 78375 13% + 1% 69585 53% +2ft 61239 38% + % 53375 27ft — % 50658 13% — 4 'A 50517 38 Vt + % SclAII .064314033 15« + Vt Seacor 14 6168 42 +2 Seagate s 1530038 45%+ 2ft Sears .921511182 47% +1 SvceCps .30(24 5412 32V, + Vi Shorwln s .40 23 X7100 31 % + 1 V, SilcnGph 15886 14% +% SmthBc 1.62e38 4966 80 +2% Sonat 1.0822 4989 56% + 1% SouthnCo 1.30(13 9300 20% +% SwstAIrl .0511612795 27% +% SplekerP 1.66(23 3268 35% +% Sprint 1.016 8341 44% + 1 StarwdLs 1.56m 41 3695 37ft +1% StrlCmc 31 3344 25% + Vi StorTch 11 8190 35% +% Stratus 20 6632 39 + 2% StrldeRt .20 2993 -13% SummllBc 1.4415 5130 46% +% SunCo 1.026 4624 26% +% Sunamers .4020 4793 44% +2% Sunapercs 3.19 4636 41ft + Vt Sunbeam .04 7664 31% +% - T - T - TJX .40120 5088 47 +1% TVXGId 3576 5% +% Tandem 18 4539 12% + % TelBrasI 1.84e 14960 112ft + 1%. TelArg- 1.03e25 5800 32% +1% TelPeru n .58e 2957 24% + 'A TelMex 1.31e 20710 41% +% TmpGIb .60 3175 7% + % TenetHIt 70 9529 25% +% Tennco 1.20 8 3095 39% +% Terdyn 45 9079 32ft + 2% Terra .16 5 3866 11% — % Texaco 3.4 12 7306 104% + 1 % Texlnd s .30 7 3799 22% + % Texlnst .6881 25023 68%+ 4ft TexUtil 2.1 10 12686 33% + % TherEI s 26 5376 34% + 2% Thorlnd .1211 56 21% 360 Com 31 5322 16% + 1 Tldwtr .602323204 40% + 'A TimeWam .36 11125 44ft +% THIIfgr 18 5306 39% + 1% Trchmrk 1.1614 4477 61% + 1% Tosco s .24130 6941 29 +% ToyRU 16 8457 27% +% Trnn<.««« 1,4 nt C1Q7 C4 HL . H\L Travelrss .601535590 55 +4% NobleDr 1327980 17% — % ' Trlarc A 207 18% Nokia .69e 35662 61%+3ft TrlzecHhn 121 5576 21% +ft NoramE .2820 4515 14% TuDuwren- 6813 4613 32ft + <A Klnaclllf ItA fi-305 OU IX u PP wr e n .00 M *40IJ Oii A +/» noestut .«;5 od95 on — 'A T urn i n t pn 9*; w* finv.4.1 NorTel .5229 4622 72% +2% TyCOint .2025452560/4+1 Norwest 1.215 6863 49% + 1?4 .... ,, . 7 "« 7<! , t NovaCre 26 4173 11% +% UA J- S 2 6755 76 +% Nucor .40(17 3730 49% + 1% "SWest 2.14 13 7999 34% + 1 NuvMu .59 6736 9% USWM 10097 17 +% Nynex 2.36-1617509 51 +1Y4 USAWste 2511379321-64 + 11-64 - 0 - 0 • USFQ .20 10 2958 19% + Vt Oakwoods .0413 3092 20% % LIST Inc 1.62(11 5998 26 OcclPet 1.01210476 22% % USXMar .7614 9297 26% +% OflcDpt 17 13355 14 % USXUSS 1.00 8 7392 29% + % Ofllcmxs 22 4791 11ft % Unicom 1.607 5213 21% +% Olsten .2815 5881 18% % UnPac s 1.7216 7045 62% + 1 OlymFn 5 5191 9% % uPacRs 2018 5069 27% t% Oryx 10 4130 19% % Uni ,... ' 1014D 6 ,, Owenslll 15 3471 26 Vt ^l ynS . F „„ , ™"° .,,, * .p.p. UIQlsOSr -Ot / taOO 1 / n 4- 1 T» PECO 1.809 3532 19% +% U ™ h . Cr •° 32 ! 1 ^?? iI» + ?S? PGSECp 1.215 9069 24% +% US Airway 6 5711 31ft + 1ft PNC 1.4813 7595 40% + 1 US Filter s 44 8799 28% +2 PP&LRes 1.6710 3929 19ft +% UnTech s 1.24120 7501 74% +% PacllCp 1.0812 6737 19% +% Unocal .6012 7837 37 + Vt PalnWeb .6019 4660 33% + 1 % UtIIICo 1.7612 567 26% +% PanEnergy .96 17 4014 44 + Vt • V - V • ParkPar .1010 3091 31% + 1% VFCp 1.5215 2026 70% +% ParkDrl 5655 TVt ValHIth 17 4143 20 ParkHan .60 15 2938 48% + Vt varco 25 3591 22% — % PatrAHs 1.0521 3529 21ft + 1% V erl!ne 3213161503-64 + 243-64 Pennty 2.14121 4968 47% +1% V Hro 3113 a PepslCos .4636120754 34% +3% .., „ Plizer 1.363113676 97%+3% „.....-. ".!M e MI"« O no. u. PharUp] 1.062786813 29% t% J2 ,i '° iwIJJilSi ,,v PhelpD 2.012 3065 76% + ft *'"•" /I" „" „/' , PhllMors 1.615x108971 39%-% Walgreen .4828 6648 45% + 1 PhlllpsEI .85e48 5083 52ft + 1V4 WarnL 1.52(36 8350 97'/4+2% PhllPet 1.36(14 4551 39% +% VrblptHIt n 13 3464 40% +% PhysRes 2931 11 +% WellsF 5.223 3537 267% +8% PlacerD .3096 6228 16% +% Wendys .2417 5358 20ft +% Polaroid .6022 3765 48%+3% WDigltl 1319336 60%+4% Praxair .44122 3863 50% + 1% WitnRei 2.10(13 510 30 % Premarks .32a15 4901 23% + 1 WitgEI .20 30445 17 • Vt ProctGm 1.827 16531 127% + 3% Weyerh 1626 3407 45% % Provldn 1.11210669 58 +1% wil |«mi 1 10420 2486 44% Vi PSEG 2.169 5137 24% +% w'cEn 5213 3035 25% ft PugelEn 1.8413 7781 24%-% Jj',"? f ,,„, ,„£ £ B - Q • Q - Wolwth 16 4263 20% % QuakrOat 1.14 5592 39% +% v , '*' *' „„,, ... . R.R. Xerox s 1.28(1710235 60% + 1% RJRNab 2.05 11 51537 29% + % • Y - Y • RJRpIC .60 14271 5% YPF Soc .8013 6929 27% +% Raycm .56 12 6839 63% — % • Z • Z • Raythn .8013 4586 43% +% ZenlthE 3382 It +% RdgBate 1811783 22% + 'A Recksns 1.225 4017 23% + 1ft NOTES Rstbok .3018 2754 37% — % • Tin Hit* The lists Include heal Inleresl slocks, Repsol 1.36e 13 16456 41% +% which are rwldtaced, and fneda/s most actively trad- ReyRey s .32 17 5982 20 + % *»*«*«• ,.,..,,. RlteAld .8026 8023 44% + 1% '.'y^l^^J^JtiJT* Rnritui IIBIQ "sno fi"i« 4. v, rate ptis slc<* ifvioend. c - pquoaiiw diraend. « . nu(*Mffi 1,10 19 9119 OOT4 i- /4 A^Jafflrfrtr naH ti rtw njisM? nxvirtw 1- riwjflrfld w OnUaae 1 Q 1 R OQ1O B1U.L4 UBOarBO W pOIQfl UH, DttSI U IDUIURj. 1 - UWttUHUW noriaas i.o ID £9j£ o i n + f KM akor a G(|V|( o]vj<wvi of solil I — oa)d this year Rowan 24 231 58 18 % dividend omitted deferred or no action taken at last RoylD 5.78e17 6341 179ft +2'A dividend meeting', k- declared or paid this year, an ac- Ryder .60 3185 31 +% cumulalive issue with dividends in arrears, n- issued - S • S • wiMi the past 12 monlhs.r- declared or paid in the SBCCom 1.79(1620281 55%+2% past 12 months plus slock (Wdend. I - splil 01 slock SCISvs 17 3431 59 +3% dMdemio( 25 percent or more with Ihe past 25 weeks. SGSTM 19 4213 74% + 6 1 -plid in stock In past 12 monlhs plus stock dividend. Salewav 22 7901 45% +% vl - company In bankruptcy or receivership or being «.LvuniHn if iw IQU 5. >^V^^ •*' •» bantoupfcy act, or secuhlies as- SaksHoldn 31 4342 19% -A 8un ffi by such c«r*anles.wd- when distnbuted.*! Salomn .6412 9127 51% + 1% - when Issued *w with warrants xw- nllhouKm- SFePGId .05e 5762 14% +% rants, i - Indicates single share totals rather than SariLee .8421 9148 41 « + % hundreds.! means that anyone buying Ws 'ex*l- SchrPI 1.52(2410244 81% + 3V, den<f stock on the day In quesfai will not receive he SChlmb 1.52616317109 — % most recent dMdend.y_McalKi single share totals Schwab .20 24 1 31 25 34 % + 1 % '« "-dividend slock. OVER-THE-COUNTER EXCHANGE AMEX Him* ACC Cp s APACT ATC Com Adaptec s AdobeSy Altera APwrCnv Amgen Amresco AppleC ApldMal Ascend Atmel Div. PE Vol. Lilt Chg. 2710428 14% — % 1422755 10 +% 101436431-16-3-16 3825393 34% + 1% .201717966 36% — % 3923315 48% + 2% 1633732 16% + 'A .01 p 23 15077 58% + 1 14 12014 1315-16 + 1-16 4621 1711-16 + 1-16 2269565 53% +2 ft 483933041 7-16 + 1 13-16 1317171 251-16+1 15-16 Autodesk .24 39 1 1642 34 5-16 + 2 13-16 BMC Soil s Baans BlgPhar s Blogen s Borlnd BoslChk BreXMn gn CascCm Centocor Cisco Clarify Come sp CncEFS 28 12252 43% + Vt 10604 63% + 3% 15183 17% + 15-16 41 12645 32ft + 1% 4383 7 5-16 + % 2344063 23% + 2% 13653 2« +V4 23653 28% + 1% 20523 26ft + 1M 33 124549 50 +3% 212706091-16-5-32 ,09 29158 15ft + % 3632732 18 — % CreStafl s Costco DSC DSPCm DellCpt s DlamHS n Duckwill ETrade n ESSTech n ElcArl ErlcTel Fsttinl FlnLlne s ForeSys s ForteSII Gandll g Gartner QateZOOO QenNutr GldLew Qlenayre HBOs IBAH IdexxLb Informx ItgPrc Intel Intel wt 3522652 18«-4% 2313010 28% — % 166631915-16 + 9-16 1646547 7M + 1 30 44464 82% +3 13-16 1011029 8%— 5% 69 16173 14% — % 912673 12ft +% 2716063 23ft +2% .336 20933 31% + 11-16 .02 44 2046 39 + Vt 1323700 10% 2921297 11 Vt +% 2520260811-32 + 3-32 11604 1 8413371 25% + 2 1618935547-16+17-16 10968 21% +% .12 38170201-16—19-64 91174299-16-3-16 .083816455 50% + ft 14732 4% — % 1615017 12% +9-16 1238279 7% + 15-32 18025 14'/4 -ft .221105427150 +3% 19910 109% + 3% JonesM KLA Linear! LneSStk LngBchF n MCI MarDrl Maxim McAlee MmAIr MlcroWre Mlcroilt t NaihF Nelscpe NtwkG s NexlelCm NolieCT NrthFce n Novell Oracle OxIordHIt PaglngN PalrTch s ParmTch Peopsfl s PelsMart s PhysRel s PhyCpt .0844 10722 34 +2% 2416404 45% + 2ft .2031 12231 50V. +3 12 5515 19% +% 27653 6% .052250517 38% +% 252337415%— 13-16 28 13455 52 +4% 4812621 52 +3 6 2555 5% — Vt 35163951611-16 + 1 7-16 529244011» +4% .72110 126 17% —Vt 9021487 26% +% 1660858 13«-4% 11448 13% +% 14364 Vt— 1-32 20 12326 14«-3-16 23 34606 7 23-32 + 7-32 3561239 36% +% 6010999 62% + 3% 12532613-16—7-32 41 16002233-16 +% 3520187 44 +2% 33891 40 +2 9011057 15% +% 16 10839 7 191054659-16-15-16 PureAtrla Qualcom Quantum RFMgt RalnSfl s ReadRI Replnd s RossSy S3 Inc Stiplei SunMIc 6 Symntc TeleComA Tellabs s Teva ' 3Com Tyion • UMBFn UltraStp US Robt a VLSI VklngOP s WA Mutl WorldCm s Xlllnx Zltel s 11768 9% +% 12114 45% +5-16 1528860 39ft +2 1141523-32 + 1-32 17626 13% +% 22623 27% 1 1 ft 43760 24%— 1% 20 12086 2V, + % 911837 9% — % 2848472 16—1-16 1753375 27ft —'A 2324212 13ft + 1% 1.2511878375 13% + 1% 3523124 36% + 1% .27841 11633 49% +% 1731054 28% t% .1035 8114 1»% + 1% .80b15 40 40% 12 10723 17ft + 13-16 2013126 49% +1% 13051 19ft + 13-16 1710476 14'A +% 1.04(1216113 46K + t% 80352 23V. + 1 3618855 49% +2 10734 12% + % Nime AHaagen Amdhl Ampex Audvox Azco BAT Ind BemaGold BrIIIDIg n Camblor CastlAM s ColLb Comlorce EchoBay Editek EmpCar FemHIth FAusPr ForstLb QreyhndL HalterM n Harken Harold Haibro i Hearx ImpCMIg Div. PE Vol. Lilt Chg. 1.44 1352 13% —'A 3118 6% +'A 18 1381 5% + 1-16 237053-16 + 1-16 14161 5-16—1-16 1.07e 1185177-16 + 5-16 2488 7 % 1958 5 % .14 1530 11ft Vi .68110 1072 17% % 2055 13ft % 1207 5% 6879 5% 3522 7-16 1629 1 3-16—5-16 1069 1 ft .84 2451 9 —1-16 1304 34% + ft 153839-16 + 1-16 1102 19% +V4 4482 4% + 1-16 .741 17 2030 9% — % .3216x4192 24% +% 2110 1ft 233e It 1104 22 + H InleiDig IvaxCp JTS Corp Keane s Metromda NTNCom Nabors Neophrm s NY Times Nordic wt PegGId Phonelel PrpdLg Riviera n RoyalO g 1164 5 5140 7% +% 1127 1%— 1-16 51 1855 45% + 1 8011 91-16 + 5-16 2929 3U + Vt 23 6130 16% 1144 4% —Vi .6021 1971 42ft + % 1085 3% — % 11926 13-16 + 3-16 548425-16 + 3-16 23 1328 14V. +% 10 3416 13ft + Vi 3150 2% + 1-16 SPOH 1.41e 319747923-32 + 27-16 SPMId Thrmolce TotlPet TWA USBIosci Viacom VlacB VIstaG g WEB Swz XCL Ltd 1.53e 148350 + 1 19-64 2263 9'A— 7-16 .30 623 tft +tt 3021 7% + 5-16 1905 9% + Vt 1996 25% + % 13894 25% + % 2079 1 +1-16 ,09e 1286 13V, + % 4026 3-16 BRIEFLY Boeing will play key role in satellite network SEATTLE — Boeing Co. on Tuesday agreed to invest $100 million and won the contract to be the prime contractor in Bill Gates' and Craig McCaw's plan to blanket the globe with communications satellites. Boeing will own 10 percent of Teledesic Corp., which plans to spend $9 billion to put 840 satellites in low-Earth orbit by 2002 to allow wireless access to the Internet and other telecommunications services. The system would be capable of high-speed data transmission, allowing Internet users, for example, to download pages 60 times faster than today's fastest modems. The system also would allow global video teleconferencing, paging, faxing and voice communications. Gates, the chairman of Microsoft Corp., and McCaw, who sold McCaw Cellular Communications to AT&T in 1994 for $11.5 billion, are the primary investors in Teledesic, a privately held company based in the Seattle suburb of Kirkland. McCaw said the goal is to give the remotest Third-World village access to the same level of service as a big-city corporation using a fiber-optics network. As prime contractor, Boeing will lead the effort to design, build and launch the satellite network. McCaw said Teledesic selected Boeing in part because of the company's experience in space endeavors and in managing large, complex projects. He also said he wants to be able to tap Boeing's experience in conducting global '. business and working with worldwide networks of suppliers and ; subcontractors. ; Judge upholds ruling against Sprint Corp. KANSAS CITY, Mo. — A feder"- al judge has upheld a $60.9 million arbitration ruling against • Sprint Corp. for failing to pay commissions to a marketing company and its sales representatives. U.S. District Judge Dean Whippie refused in an order last week to modify or rescind the award. In 1992, sales reps sued Sprint and Network 2000, the Indepen- : dence, Mo., company that recruited and trained them to sell Sprint's long-distance service. The reps claimed Sprint and Network 2000" underpaid them by millions of dollars. Network 2000 filed its own action against Sprint. Both sides submitted the dispute to an arbitration panel. The panel in December ruled that Sprint owed Network 2000 $60.9 million and ordered that half that money should go to the sales reps. Sprint sued in federal court, ' asking Whipple to intervene. From Wire Service Reports MARKETS KEY RATES Dally key rates (rom The New York Times Prevloue Year Tuesday Day Ago 8.50 8.50 8.25 5.00 5.00 5.00 PRIME RATE DISCOUNT RATE FEDERAL FUNDS(x) 3-MO. TREAS. BILLS 6-MO.TREAS. BILLS lO-YR.TREAS.INF(xx) 10-YR. TREAS. NOTES 30-YR. TREAS. BONDS TELEPHONE BONDS MUNICIPAL BONDS(xxx) 5.44 5.10 5.28 3.59 6.75 6.98 8.02 5.91 5.72 5.22 5.45 3.63 6.90 7.11 8.16 5.98 5.50 5.00 5.09 N.A. 6.67 NA 8.03 6.05 (x) Estimated dally average,'source Telerate (xx) Realized dollar amount rises with Inflation (xxx) Municipal Bond Index, The Bond Buyer Salomon Brothers and Telerate for Treasury bellwether bonds, notes and bills. LOCAL GRAINS Tuesday, April 29 Wheat Secular, Sallna $4.50 Carglll, Sallna $4.53 Continental, Sallna $4.48 Farmway, Belolt $4.22 DeBruce, Clay Ctr. $4.30 Cooper, Colby $4.25 Midland, Hays $4.24 Decatur, Oberlln $4.22 Agco, Ruasell $4.22 Farmers, Stockton $4.17 Corn Mllo Beans — $4.66 — — $4.63 $8.53 — $4.64 — $2.57 $4.14 $8.31 $2.59 $4.27 $8.31 $2.57 $4.02 $8.09 — $4.17 — $2.55 $3.93 — — $4.18 — $2.55 $4.04 — firmed (or the week to date on 4,200 cattle, mostly previously contracted or formalated cattle. Bids 65.00. to mostly 66.00, asking 68.00-69.00, few 70.00. Last price 67.00 paid Thurs. April 24. Sales FOB feedlot net weights after 4 percent shrink. OMAHA UVESTOCK :' Market quotations Tuesday: Hogs: 500; barrows and gilts .50-.75 higher; U.S. 1-3s 230-260 Ibs. 59.50-59.75; sows 1.00-2.00 higher; 350700 Ibs. 47.00-54.00. Cattle and Calves: 400; in brisk trading, steers arid hellers .50 higher; steers: select to choice 1100-1350 Ibs. 67.00-68.50; heifers: select to mostly choice 9751250 Ibs. 67.00-68.50,47 head reputation led 1133 Ibs. 69.00. Sheep: None. CHICAGO UVESTOCK Futures trading Tuesday on the Chicago Mercantile Exchange: . Open High Low Settle Chg. CATTLE 40,000 Ibs.; cents per Ib. CHICAGO GRAMS Futures trading Tuesday on the Chicago Board of Trade: Open High Low Ssttl* Chg. 5,000 bu minimum; cents per bushel WHEAT May Jul Sep Dec Mar May Jul Dec Jul 410 420 424 436 435 388 416 425% 431 440 439 390 406% 41614 422 432 432 388 411 423 427% 438% 438 412 388 400 370 — 1 + 1 % + 1 % + 2 + 1 — 2 — 1 CORN May Jul • Sep -• Dec Mar May Jul Dec 29014 29114 279 275 279% 283 286 271 29314 293 'A 280% 277% 28214 28514 289% 274 'A 290 Vt 290 278 * 274% 279 283 286 271 291% 291. 278% 274% 279% 285 286% 273 + % + % + % + % + % + 2% + 1% + 2 OATS May Jul Sep Dec Mar 16814 16314 162 161 Vi 165 166V4 164% 163 162V4 165 166% 161% 160% 160% 165 166% 161 % 160% 160% • 165 — 2% — 1% — 114 — 1 % — 1 SOYBEANS May Jul Aug Sep Nov Jan Mar May Jul Nov Jul 867 865 842 '/i 758 690 696 704 705 703 666 873 871 848 763 695% 700% 705% 705 711 666 863% 861% 840% 756 688% 69514 700 701 703' 662% 867% 865% 843 758% 690% 696% 700 701 703 662% 676% — % + % + 1% — % t % —1 —1 — t — 3% Jun Aug Oct Dec Feb Apr 64, 64, 66 70 71 72 ,00 ,20 ,45 ,25 .00 .95 64.65 64. 66. 70. 71. 73. 70 75 50 25 10 FEEDER 50,000 May Aug Sep Oct Nov Jan Mar Apr 72 76 75 76 77 76 78 .95 .02 .75 .15 .65 .45 .00 Ibs.; 73. 76. 76. 76. 78. 78. 76. 32 45 35 60 10 75 25 63. 64. 66. 70. 71. 72. 95 20 45 25 00 90 64, 64, 68. 70, 71, 73 62 ,65 .70 ,47 ,22 .10 + .87 + .57 + .35 + :27 + .25 + .10 CATTLE cents 72. 76. 75. 76. 77. 78. 76. per Ib. " 95 00 75 15 65 45 00 73, 76 76 76 78 78 78 78. ,27 ,35 .30 .55 .07 .75 .25 00 + ,22 + ..35 + .T>7 + .40 + ..47 + .40 + !45 .,HOGS 40,000 Jun Jul Aug Oct Dec Feb Apr Jun Jul Aug Oct 84 85 82 75 72 71 67 73 .25 .00 .75 .65 .60 .50 .65 .00 Ibs 64. 85. 83. 76. 73. 71. 67. 73. .; 77 42 45 30 30 90 80 05 cents 83. per Ib. 60 84.50 82. 75. 72. 71. 67, 72. 55 60 60 40 50 90 83.65 84 82 76 .65 .72 .87 73.05 71.57 67 72 71. 67. 63. .52 .90 30 35 35 —.-25 -.0.2 + .02 + '.32 + .Q7 — .10 + .30 + ..10 — .15 GOLD Foreign - Hong Kong late: $339.25 oft $2.20; London morning (ixing: $338.95 off $1.25; London afternoon fixing: $339.25 off $0.95; London late: $340.05 (in- changed; Pahs afternoon fixing: $337.16 off $2.32; Frankfurt fixing: $339.35 off $1.95; Zurich late afternoon: $339.50 off $0.50. Domestic - NY Handy & Harman: $339.25 off $0.95; NY Handy & Harman fabricated: $356.21 off $1.00; NY Engelhard: $340.47 off $0.96; NY Engelhard fabricated: $357.50 off $1.00; NY Merc, gold spot month close Tue. $340.40 up $0.20; NY Republic National Bank 4 p.m. Tue. $339.70 unchanged. SMYER KANSAS CITY GRAINS Wheat (utures Tuesday on the Kansas City Board of Trade: Opsn High Low Ssttls Chg. WHEAT 5,000 bu minimum; cents per bushel May 447 461 444% 452% +3% Jul 438 446 434 440 —1 Sep 441 449 437 441 Dec 447 454 443 448 + % Wheat 138,287 bushels: 3 cents lower to 19 cents higher; No. 2 hard 4.50-4.711/2n; No. 3 4.39-4.701/2n; No. 2 red wheat 4.09-4.721/2n; No. 3 3.98-4.711/2n. Com 28,861 bushels: unch to 1 cent higher No. 2 white 3.10-3.15n; No. 2 yellow 2.831/4-2.881/2n; No. 3 2.631/4-2.871/2n. No. 2 mllo 4.68-4.79n. No. 1 soybeans 8.56-B.70n. Hoppers 78.00-82.00. 8T. JOSEPH LIVESTOCK Market quotations Tuesday: Estimated slaughter hog receipts: 700. Compared to Monday barrows and gilts steady; 1-3 230-270 Ib 57.50-58.00; 2-3 270-290 Ib 56.00-57.00; 3-4 290-310 Ib 54.00-55.00. Sows 1.00 higher; 1-2 300-500 Ib 48.00; 1-3 500-550 Ib 49.00; 550-700 Ib 50.00-51.00. DODGE CITY UVESTOCK Maitol quotations Tuesday: Trade quiet. No sales slaughter steers or heifers confirmed. Inquiry moderate, demand light. Sales con- Handy & Harman silver Tuesday $4.640, off $0.015; Fabricated $5.104, off $0.017: The bullion price for silver earlier In London $4.6,425 off $0.0815; Engelhard $4.640, off $0.010; Fabricated $5.104, off $011; NY Merc sliver spot month Tuesday $4.621, up $0.011. OH. Petroleum cash prices Tuesday as compared with Monday prices: Tues. Won. West Texas Inlermed $ per bbl lob 20.43 19.93 From Staff and Wire Reports Mutual of Ne 104 East Iron St. Sallna, KS 913-827-3838 1-800-607-0668 erly A. Baker GRAIN & LIVESTOCK ft ClOJ 825 <>OOO brought to yra by

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