66 Money Closing Prices
June 16, 1994 market data section shows closing prices and quotations provided by Ron Campbell Investment Planning and Robert Thomas Securities Inc. for the 66 Money column.
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 17, 1994
Page
5
June 16, 1994 market data section shows closing prices and quotations provided by Ron Campbell Investment Planning and Robert Thomas Securities Inc. for the 66 Money column.
Senator Alfonso D Amato acknowledged a 37000 profit from a one day IPO investment in Computer Market Place. The deal was arranged through a Long Island broker with a checkered history. He says he did nothing wrong and moved investments into a blind trust after the profit.
U.S. housing starts advanced 2.6 percent in May to a 1.51 million seasonally adjusted annual rate, with gains in the South and West. Single family starts fell, while apartment construction drove the overall gain as analysts expect higher mortgage rates to restrain the sector later.
Senate Democrats rejected compromise on health reform insisting on universal coverage for all Americans by a set date. House Democrats backed subsidies for low income workers, reduced tobacco taxes, and delayed a long term care program, while Senate Finance members kept talks behind closed doors. Leaders cited the aim of a bill meeting the president's goals and the moral imperative to provide coverage for millions of uninsured Americans.
The stock market closed mostly higher as inflation jitters eased after stronger economy reports. Dow gained 20.93 to 3811.34, NYSE index up 0.85 to 254.99, S P 500 rose 1.32 to 461.93, Nasdaq fell 0.87 to 734.97, and volume edged down. Housing starts rose 2.6 percent in May despite high mortgage rates.
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