■■ f to — MANCHESTER HERALD. Saturday. Jan. 11. 1986 BUSINESS MANCHESTER U.S./WORLD SPORTS Democrats trade Rep. Nelson has Bears put clamp Stocks have form caucus barbs eye on Halley’s on Dickerson, LA Producer Price Producer Prices ... page 3 ... page 4 ... page 11 Seasonally adjusted percent for gift to minors Index for finished gooos changes from previous month. Unadjusted, 1967=100 QUESTION: A very good neighbor has two young daughters. I would like to give 100 shares of stock I own to each of the Investors’ little girls. Because the gifts would be intended Guide jUanrlirfitrr Hrralh for the children '8 future, I William A. Doyle ) would like the dividends Manchester — A City of Village Charm to be reinvested. If the children should pass away, I would like their mother to have the stock. Monday, Jan. 13, 1986 25 Cents What is the proper way to arrange ANSWER; Most likely, through the this? reinvestment plan agent. Contact that bank and explain what you want to do. ANSWER: You can transfer the stock The bank will probably provide the to the children in gift to minors act necessary forms to fill out and send Reports spur U.S. form. back. If you have the stock certificates, fill However, different dividend reinvest­ out the assignment form on the back. ment plans have different provisions. You'll see the wording for gift to minors Yours might require you to withdraw act registration there. Have your the shares you want to give away from signature guaranteed by a brokerage teh bank's custody and receive a stock firm, commercial bank or trust com­ certificate registered in your name to believe Vietnam pany. Send the certificates by regis­ before you can transfer the shares to tered mail, return receipt requested, to your son or anyone else. Check that out the stock's transfer agent. New certifi­ with the bank. D J FMAMJJA SOND DJFMAMJJASOND cates will be issued. The children will own the stock. QUESTION: Last year, I sold 100 '84 1985 '84 1985 You can name only one child in a gift shares of stock I bought in 1972'and 180 still imprisons GIs to minors account. So, you should put shares of the same stock I acquired UPI through dividend reinvestments. The one girl's name on the assignment form “ At present, 95 of those reports still of one 100-share certificate and the stock pays dividends quarterly, so there WASHINGTON (U PI) - Assistant De­ fense Secretary Richard Armitage. just remain unresolved and we are pursuing 3 Prices at the wholesale level rose 0.4 percent in energy showed smaller gains. The Producer Price other girl's name on another 100-share were four reinvestments a year — 72 in every effort and bringing forth every means certificate. total. back from Vietnam, said today frequent and December, a slowdown from the sharp increases in Index was released Friday by the Labor Department. persistent reports have prompted the belief to try to resolve those. So the tremendous You'll have to name a custodian for When I report the profit from sale on volume of information, and I might add we the previous two months, as costs for food and each child's stock. Most likely, you'll Schedule D of my federal income tax that some American prisoners of war are still being held in Indochina. continue to receive it, leads us to believe pick their mother. return, how can I report this accu­ there may indeed be some Americans held If you don't have possession of the “ The administration acts under the rately? There's not nearly enough room against their will.” certificates but have left them with a in the “ Date acquired” column to list 73 assumption that at least some Americans brokerage firm in "street name," your dates — for the original purchase and 72 are held against their will In Indochina.” It marked the most forthright statement to broker can handle these details for you. reinvestments. Armitage said in an interview on ABC's date by the administration that some of the ’85 whoiesaie infiation just 1.8% “ Good Morning America” program. nearly 1,800 Americans missing for more After the stock is transferred to the children, you won't have any say-so. All ANSWER: You won't have to go to all “ Since the war, we’ve received over 800 than a decade might still be alive. first-hand live sighting reports of Americans WASHINGTON (AP) - Prices at the crude oil prices — resultinh from the chaotic authority will pass to the custodian. that bother. In the “ Date acquired” in Indochina and all of these reports have Previously, administration officials have wholesale level inched up a modest 1.8 meeting last month of the Organization of Assuming the company whose stock column for your sale transaction, 1963 last year been investigated. played down such speculation except for percent in 1985, producing the lowest Petroleum Exporting Countries — will show you give has a dividend reinvestment simply write “ from” the date of your Robert McFarlane, the president’s national three-year inflation rate in two decades, the up in significantly lower gasoline and other plan, explain that to the custodian and initial purchase “ to” the date of your security adviser until his resignation last government said Friday. fuel costs in the months to come. with a decline urge that the children's stock be signed last reinvestment. month. McFarlane told a private gathering up for the plan. Economists said the year-end figures Labor Department economist Craig How­ One wrinkle, here. If your last late last year he believed there might be A couple of other points: point to another year of relatively low ells said the slight increase in gasoline WASHINGTON (A P ) - Here are the reinvestment was within six months of Local groups some surviving POWs. The little girls will need Social inflation for 1986. prices posted in December — a month when yearly changes in the Labor Depart­ your sale, the profit on the sale of the Security numbers, to be used as these prices typically declined — occurred ment's wholesale price index for shares you acquired in that reinvest­ It appeared to be an about-face for The Labor Department said wholesale taxpayer identification numbers. Their because refiners were using up their finished goods, from 1963 through 1985. ment is a long-term capital gain. Of Armitage who led a seven-member delega­ prices rosy only 0.4 dercent in December, parents can arrange for that. course, your profit on the sale of all the want answers tion to Hanoi last week. En route home, moderating from the 0.8 percent increase of inventories and holding off on new crude oil Prices declined in 1963. All the other purchases in anticipation of much lower years showed Increases; You should tell the custodian the price other shares, which you have owned for 'Armitage told reporters in Bangkok, Thai­ the month before. Analysts credited the you paid or your other “ basis” for the six more months, is a long-term capital land, that reports of live POWs were lower December rate to a slowing in food prices. 1963 — decline of 0.2 percent By John F. Kirch stock. That information will be needed gain. “ specious” and “ absurd” and they ham­ and energy price increases. 1964 — 0.5 percent Herald Reporter This led to spot shortages and spot 1065 — 3.3 percent for tax purposes, if the gift stock is sold You must report short-term and pered efforts to resolve the issue. Food prices rose 0.3 percent for the year, increases, Howells said. sometime in the future. long-term capital gains and-or capital 1966 — 2.2 percent Edward J. Bishop Jr. has been missing in In his interview, Armitage reported after a 3.5 percent rise in 1984, while energy losses on separate seconds of Schedule Crude oil prices thennselves fell 4 percent 1967 — 1.6 percent Southeast Asia since 1970, and his family considerable progress with the Vietnamese. prices generally showed no annual change. for all of 1985. QUESTION; I have accumulated D. Short-term gains are fully taxable. J 1968 — 3.1 percent wants to know where he is. He said he had been to Hanoi three times and quite a number of shares of stock Only 40 percent of long-term gains is A large part of the year's food price Department analysts noted that, if the 1969 — 4.8 percent Bishop is one of 2,500 American soldiers this was by far “ the most productive, the through a dividend reinvestment plan. taxable. increase was an overall 12.3percent boost in effects of food and energy prices were 1970 — 2.2 percent who never returned home after the United most positive, the most businesslike meeting The shares acquired this way are held the cost of vegetables and a surge in beef removed from the overall calculation, 1971 — 3.2 percent States pulled out of Vietnam in 1973, with the Vietnamese finally convinced this is by the bank that is dividend reinvest­ Doyle welcomes written questions, prices in the fall that has since ended. Food wholesale prices would have held steady for 1972 — 3.8 percent prompting family members and a variety of “ a matter of importance to the entire ment agent. I want to give these shares but he can provide answers only prices actually fell six months out of the December, with declines in the costs of cars 1973 — 11.8 percent local and national organizations to ask why. American public and the issue just won’t go UPI photo year.