Stocks Market Closes Mixed After Small Rally
New York stocks finished mixed after a modest rally attempt. Dow rose 2.44 to 1244.61, while NYSE composite slipped 0.06 to 93.80 as energy shares faltered and telecommunications and aerospace moved differently. Major movers included IBM, Honeywell, Motorola, and Hewlett Packard with mixed results amid oil price speculation and AT&T restructuring ahead.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
NYSE
International Business Machines
Honeywell
Motorola
Hewlett-Packard
Tymshare
McDonnell
Douglas
McDonnell Douglas
Standard Oil
Indiana
Exxon
Mobile
California
Schlumberger
Halliburtons
Sectco
American Telephone & Telegraph
At&t
Small Business Failures Reach 1983 Peak Recalling 1932 Depth
Washington AP reports that U.S. business failures in 1983 will surpass all years except 1932, signaling a severe downturn. Analysts note high bankruptcy counts across sectors as economic stress persists into the year.
MENTIONED IN THIS ARTICLE
Washington
U.S
Treasury Bills Rise Slightly Amid Higher Yields
Washington AP reports short term Treasury bills rose after a one week decline. Three month bills averaged 9.04 percent discount, six month bills 9.24 percent. Actual returns were 9.41 and 9.85 percent. Rep Parren Mitchell tied higher rates to Reagan policies and warned of many small business failures. He cited Dun & Bradstreet data showing 28 211 failures as of Nov 24, in a sector of about 13 million small businesses. Mitchell noted 1982 saw 25 346 total failures, a postwar high. 1932 reached 31 822. He argued high real rates and recession harm job creation.
MENTIONED IN THIS ARTICLE
Kaisr al
New York
AMR
Mobil
Nwstair
Aurich
Nynx Wi
BrgWas
PeTel Wi
Penney
Pennzol
PhilaEl
Cmvsat S
PhilPet
Poland
Ford
Gensco
Tenaco
Texaco
Getty
Gillette
Gdrich
Goodyr
US Steel
Xerox
Kmart
Wheat First Securities Inc
Acton
Eaton
Litton
Pittston
AlliedCorp
Emrs el
la Pacific
Plantronics
Enstar
la Ld & Expl
Potomac
Flour Corp
MAPCO
Robins
AMF
Inds
Mary Kay
Robershaw
ARA
Foster
McDonalds
Rockwell Ind
McGraw Ed
SCOA
Ashland Oi
Frort
Sedco Am Avon
Galaxy Oilary Media
Atlas Corp
Tosco
Newmat Mag
Burroughs
Hercules
Nik&Sthn
Trasamrica Cabot Corp
Hosp Corp
NoAmCoal
Trico Ind
Clorox
Hou Oil Tr
Ohio Edison
Tri-So
Invstos Caro
Occidental
J&s
Warner Com
Warner Lamb
Crane Es Kaneb
WN CO
Kirby
Wstra
Dome
Ptri
Lear Siegler
Lear Petri Ue NM
Duke Power
LTV Corp
Eastern G&f
Levitz
WilmsElec
Washington
Treasury
Dun & Bradstreet
Parren Mitchell
D-Md
Mitchell
Also Mentioned on This Page
Miller Tech
Wheat First Securities, Inc
Williams Industries
Air Florida Systems
American Carriers
Apple Computer
Bluefield Supply
Burke Parsons Coherent
Dominion Bankshares
Equinox Solar Inc
Energy Reserves Group 34S Bh
Figgie Int! Holdings
Fingermatrix Inc
First Carolina Law
Fortune Systems
Glaxo Holdings Adr
Kincaid Furniture Inc
Ladd Furniture Soc
Magnet Bank
MCI Communications
Douglas Sporting Goods
Gulfstream Aerospace
House
Small Business Committee
Barr OT
Reagan
Ogg
SAS
Ikevooe
St SS A
Wise Grip
Sasser Isa Ree
Sander
Erin One
Sak Passionel
Merry Christmas
Arara
Reed To
Bluefield Ave
Bluefield
Citizens Building Supply
Sewice Center
Compu-Matic
Compu
Quartz
Dynacolor
Ambisonic
Golden Mountaineer
West Virginia
Southwestern Virginia
Halls Ridge Road
Princeton
Southview Mall
Bluewell
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