Investment Figures Of The Week

COMMENTARY
      The bond bulls are back. With the latest economic statistics showing that 
      inflation is under control, bond prices soared. The interest rate on the 
      30-year Treasury bond is now near the record low set in early March. The bond 
      rally, coupled with better-than-expected profit reports, gave a big boost to 
      stocks. Foreign markets boomed, too. The Japanese market shot 
      up 4.3% on Apr. 13, as the government unveiled a fiscal stimulus plan. That 
      sent the Nikkei above 20,000 for the first time in over 
      a year.
      
      Market analysis
                                                  % change
      U.S. STOCKS                         Latest  Week  52-week
      DOW JONES INDUSTRIALS               3455.6   1.7    3.0
      MIDSIZE COMPANIES (S&P MidCap Index) 162.4   1.4   11.4
      SMALL COMPANIES (Russell 2000)       225.3   1.0   12.8
      ALL COMPANIES (Russell 3000)         256.6   1.4    9.4
      
                                                    % change (local currency)
      FOREIGN STOCKS                          Latest   Week   52-week
      LONDON (FINANCIAL TIMES 100)            2842.1    0.7     7.6
      TOKYO (NIKKEI INDEX)                  20,533.4    3.6    14.4
      TORONTO (TSE COMPOSITE)                 3629.9    0.8     6.4
      
      FUNDAMENTALS                           Latest   Week ago  Year ago
      90-DAY TREASURY BILL YIELD               2.88 %   2.98 %    3.70 % 
      30-YEAR TREASURY BOND YIELD              6.76 %   6.95 %    7.88 % 
      S&P 500 DIVIDEND YIELD                   2.78 %   2.83 %    3.08 % 
      S&P 500 PRICE/EARNINGS RATIO            22.2     21.9      25.5  
      
      TECHNICAL INDICATORS                    Latest   Week ago    Reading
      S&P 500 26-week moving average          436.0     434.5     Positive 
      Stocks above 26-week moving average      65.8 %    66.0 %   Neutral 
      Speculative sentiment: Put/call ratio     0.43      0.49    Positive 
      Insider sentiment: Vickers sell/buy ratio 2.63      2.55    Negative 
      BRIDGE INFORMATION SYSTEMS INC.
      
      Industry groups
                                  % change                           % change
      FOUR-WEEK LEADERS 4-week 52-week Strongest stock in group 4-week 52-week Price
      1 AIRLINES               19.8  4.5 USAIR GROUP               46.6  51.2  24 
      2 OIL EXPLORATION
              AND PRODUCTION   10.4 28.6 SANTA FE ENERGY RESOURCES 19.0  40.3  11 3/4
      3 OIL WELL EQUIPMENT
                 AND SERVICES   9.2 22.0 DRESSER INDUSTRIES        12.6  12.6  21 1/4
      4 OIL AND GAS DRILLING    8.7 43.4 HELMERICH & PAYNE         13.2  28.3  30 
      5 AUTOMOBILES             8.4 29.6 FORD MOTOR                14.8  38.4  55 3/8
      
                                  % change                             % change
      FOUR-WEEK LAGGARDS 4-week 52-week Weakest stock in group 4-week 52-week Price
      1 TOBACCO              -23.7 -36.1 PHILIP MORRIS           -27.1 -38.4 47 1/2
      2 POLLUTION CONTROL    -17.3 -13.8 WASTE MANAGEMENT        -21.0 -21.0 30 1/8
      3 MEDICAL PRODUCTS
                AND SUPPLIES -14.9 -24.9 U.S. SURGICAL           -52.6 -73.2 29 7/8
      4 PAPER CONTAINERS     -14.7 -26.6 STONE CONTAINER         -41.5 -65.3  9 
      5 MANUFACTURED HOUSING -14.6  -6.7 FLEETWOOD ENTERPRISES   -15.9 -10.0 19 1/8
      MORNINGSTAR INC.
      
      Mutual funds
      LEADERS Four-week total return   % LAGGARDS Four-week total return         %
      1 LEXINGTON STRATEGIC INVESTMENTS 38.1 SHEARSON SMALL CAPITALIZATION A   -11.2
      2 CAPSTONE NIKKO JAPAN            21.6 STEADMAN OCEANOGRAPHIC TECHNOLOGY -10.8
      3 DFA JAPANESE SMALL COMPANY      19.9 SHEARSON 1990s A                  -10.7
      
      52-week total return                %  52-week total return                %
      1 METLIFE-STATE STREET GLOBAL ENERGY 54.9 PROGRESSIVE AGGRESSIVE GROWTH  -37.4
      2 FIDELITY SELECT HOME FINANCE       54.4 FINANCIAL STRATEGIC
                                                               HEALTH SCIENCES -27.9
      3 FIDELITY SELECT FINANCIAL SERVICES 50.7 FIDELITY SELECT 
                                                              MEDICAL DELIVERY -27.7
      DATA RESOURCES INC.
      
      relative portfolios
      Dollar amounts
      represent the present value of $10,000
      invested one year ago in each portfolio
      Percentages indicate
      five-day total returns
      
       Foreign stocks   Treasury bonds   U.S. stocks  Money market fund  Gold
        $12,650             $12,208           $11,420    $10,253        $9,922
          +0.90%             +3.34%            +1.58%     +0.05%        -0.76%
      
      All data en this page are as of market close Wednesday, Apr. 14, 1993, unless 
      otherwise indicated. Industry groups include S&P 500 companies only; 
      performance and share prices are as of market close Apr. 12. Mutual fund 
      returns are as of Apr. 9. Relative portfolios are valued as of Apr. 12. A more 
      detailed explanation of this page is available on request.
      

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