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Cumberland Times News Newspaper Archives Jan 10 1998, Page 4

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Cumberland Times News (Newspaper) - January 10, 1998, Cumberland, Maryland 4a saturday january 10, 1998 stocks Cumberland times news am ext a Fienup admin aes cd a Arflac Amr at amp to a by us a cum and Aegon Aetna inc a co g a mans air prod air Touffic Aja Kair albertan Allan a tangy Alii Chaws Ani a Aillet Tate Alcoa Alza am hcs Amon one Amyett sep 3?p Ahomd Amer Etc a Astor s am Rcd Mentch Amoco amp a Nartik analog Antheus Apache Appl my Arch Dan a a eng a to Rich Aumodt Avon boat up bus emf Bakx i balt be Rancorn boor App n by Nam a by Host banker Barnett Bam it pkg Baxter ban two beet Rai by i Natl Bellso merger s Baill 7 in a /. 45 ?4 44 >�?13 in in 1111 47 in 13 ri21 125 57. Imp in 13 16 i 13 in 25 17 in 67v. A it 24 9029 22 la ibo i i 16 16097 i av.�?11-16 24 290 90�?o/.iv. 22 b641 in. S33 47. 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To help you understand the opportunities we be prepared a special report. And we can offer you a free custom personal analysis breaking out the specific parts of the act that affect your investment strategies All without obligation. You la learn about. A new kinds of iras for retirement and children a education. A the new advantage of making financial gifts to your grandchildren. A deciding among stocks Bonds Mutual funds and annuities for building wealth and minimizing estate taxes. A How to increase your retirement savings and receive a Windfall for Selling a Home. A planning now to take advantage of a 67% increase in your estate tax exclusion Over the next ten years. To get your free report and personal analysis Call us at 301 724-2660 or 1-800-766-2660 today. Larry Boggs a Patsy Green a Brian Kelly Steve Stroup a Colleen Nordeck wheat first Butcher Singer serving lev stors sine 1934 29 n. 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Of 21 72 22.74�? 63 then 29.81 .-88 11.79 12.31 03 Ventur 46.mnl�?145 6.95 7.26 of Wridt 36 86 -.87 10 84 la 32�?.08 John Hancock 11% 12.4903 1183 nl02 Dow tumbles 222 Points As asian problems Rise new York apr the Dow Jones Industrial average tumbled 222 Points Friday As a third straight Day of Steep declines in Asia made it Clear that the economic crisis threatening the world Economy since october is festering rather than Healing. The Dow which has fallen More than 4 percent in the first she sessions of 1998 Atter logging an impressive 23.6 percent gain in 1997, fell As much As 275 Points during the heavily traded session before closing with a loss of 222.20 at 7,580.42. It was the worst one Day Point drop for Dow since oct. 27�?Ts record plunge of 554 Points and fourth biggest in history for the famed barometer of 30 big companies. However the damage was heaviest among technology shares the sector deemed most vulnerable to the trouble overseas. The technology heavy Nas Day Stock Market suffered its second worst Point drop Ever. It was the fourth busiest Day Ever on the new York Stock Exchange with 746.42 million shares changing hands. The Panicky sell off came after investors woke up again to Steep Market declines in Southeast Asia this time in the Philippines where stocks plunged 8.3 percent and Singapore where the main Market Index Sank 7.4 percent. Quot what a so aggravating is that it does no to seem that the financial crisis in Asia has bottomed a said Hugh Johnson chief investment officer at first Albany corp. A last week for one fleeting moment it started to seem As though we were turning the Corner. We had meaningful rallies in just about every country in the Pacific rim. The heavy Selling around the world helped the . Bond Market which is seen As a Safe Haven and momentarily pushed Lon term yields toward another record Low. Treasury yields help determine the interest charged on Many types of Loans such As mortgages and its recent lows have Many homeowners watching the Market trying to pick the Best time to refinance. 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