Analysts forecast smaller gains for 1997

Nation's Business, Feb, 1997 by Randy Myers

(*) Average annual change SOURCE: LIPPER ANALYTICAL SERVICES INC.

Stock Performance In The Fourth Quarter

Industry Group                        Change in Value
                                      Oct. 1 To Dec. 31
                               (Figures Are Percentages)
Tobacco                                   23.0
Electronics                               17.9
Foods-meats, dairy                        17.2
Oil, natural-gas services                 16.1
Real estate                               14.2
Banking                                   13.0
Savings and loans                         12.8
Credit                                    12.5
Insurance                                 12.3
Real-estate investing                     11.9
Oil, refining, marketing                  10.9
Automotive                                10.6
Oil, natural-gas production               10.1
Paper, packaging                           9.8
Dow Jones Industrial Average               9.6
Textile manufacturing                      9.0
Cosmetics-personal                         8.9
Utilities-gas, other                       8.8
Airlines                                   8.2
Multi-industry                             8.2
Electrical equipment                       8.1
Food-packaged goods                        7.9
S&P 500 Index                              7.8
Investments                                7.6
S&P Industrial Index                       7.0
NYSE Index                                 6.8
Aerospace                                  6.5
Housewares, furnishings                    6.5
Rubber, plastic                            6.1
Media General Stock Index                  5.7
Freight, shipping                          5.6
Metals fabrication                         5.6
Distillers--brewers                        5.5
Recreation--movies, sports                 5.5
Precision instruments                      5.2
Nasdaq Index                               5.2
Building                                   5.0
Drug manufacturers                         4.2
Metals--nonferrous, coal                   4.1
Utilities--electric                        4.0
Publishing                                 3.9
Business data processing                   3.9
Food--confections                          3.7
Machinery--light equipment                 3.1
Chemicals                                  2.8
Food production                            2.4
Communications                             2.2
AMEX Index                                 2.1
Machinery--heavy                           1.9
Metals--iron, steel                        1.8
Business equipment                         0.8
Retail--food stores                       -0.2
Retail--apparel                           -1.0
Railroads                                 -1.1
Recreation--luxury                        -2.1
Shoes, leather                            -2.3
Health                                    -2.4
Retail--discount, drugs                   -2.7
Retail--miscellaneous                     -2.7
Personal services                         -3.0
Building--heavy                           -3.8
Recreation--broadcasting                  -4.1
Metals--rare                              -4.1
Hotels, motels, restaurants               -5.1
Retail--department stores                 -5.2
Textiles--apparel                         -5.2
Business services                         -5.3