Dow Drops From 800s As Investors Lose Confidence
AP Business News Analyst notes a 12.59 point fall in the Dow Jones Industrial Average below 860, reflecting shaken investor confidence. The piece traces the Dow’s movement from above 800 in 1964 toward 1,000s’ hoped peak, with most of 30 stocks hitting new lows and traders watching for a potential temporary recovery amid tight money and uncertainties in the economy.
MENTIONED IN THIS ARTICLE
SA. Dawson
AP Business News
NEW York
Actua
Dow
Mystic
Bears
How To Beat The High Cost Of Living
AP reports on coping with rising prices as the Bureau of Labor Statistics notes July CPI hits a record 113.3. Food costs rise modestly while transportation and medical services climb about 5 percent, with rents up 13 percent. A Chase table shows a $100 basket’s components: foods up $0.62, nondurables up $0.62, durables up $0.12, services up $1.35, totaling a $2.80 increase in the year.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Labor Statistics
Arnold Chase
Chase Pre
Ike's Grandson Declines Military Career
NEW YORK AP Mamiel Eisenhower said her grandson David 18 will not attend West Point. After Phillips Exeter he will go to Amherst College. She notes the decision was his and cites her pride. She also comments on romance and modern courting trends.
MENTIONED IN THIS ARTICLE
New York
Mamiel Eisenhower
David
West Point
Phillips Exeter
Amherst College
McCall's Magazine
Eisenhower
Dwight D. Eisenhower
Eisenhowers
Former Baytonian Dies In Florida
Homer Clyde Smith 68 of Punta Gorda Florida former Humble Oil employee with Baytown ties died August 18 funeral held Sunday He had lived in Florida since 1958 moving from Humble Survivors include two sons Homer Smith Jr Lake Jackson and James C Smith Corinth
MENTIONED IN THIS ARTICLE
Homer Clyde Smith
Punta Gorda
Fla
Humble Oil and Refining Co
Baytown
Smith
Florida
Punta
Humble
Homer Smith Jr
Lake Jackson
James C. Smith
Cocinth
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