Stock prices mixed as Dow slips below 1300
Tech stocks led a late rally but failed to lift markets as the Dow Jones Industrial Average fell 7.39 to 1297.38. NYSE volume rose, S&P indices slid, while NASDAQ rose. GM slid to 702, Amex to 46 1/2, Exxon to 51 3/4, and International Harvester to 77 1/2 amid news of a 1.2 billion agriculture receivables sale by its financial unit.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
General Motors
American Express
Exxon
International Harvester
Financial Services Unit
Closing Stocks Snapshot From A Turbulent Market Day
Gensco shares rose while GerbPd traded lower as investors scanned stock prices. Gillette and Kmart showed modest gains, with Kroger and Merck posting midrange moves. Market breadth remained mixed with several firms reporting varied percentage changes.
MENTIONED IN THIS ARTICLE
Gensco
GerbPd
Gillette
Getrich
Goodyr
GtatPc
IntPapr
JoyMfg
Kmart
KaisrAl
Kopers
Kroger
LOF
Lockhol
Loews S
Lukens
Martm
McDers
Merck
Fannie Mae chief predicts slight drop in mortgage rates
Washington AP The head of Fannie Mae, Mark J. Riedy, forecast mortgage rates near 12 percent for several months, possibly dipping to 11.5 percent before a year-end rise. He noted the drop in fixed 30-year rates has hurt ARM popularity as buyers seek price certainty.
MENTIONED IN THIS ARTICLE
Washington
Mark J. Riedy
Federal National Mortgage Association
Fannie Mae
Riedy
State Purchasing bids due in West Virginia on several projects
The West Virginia Purchasing Division lists bid deadlines for multiple DOH, Concord College, and DNA contracts including bituminous concrete, trailer mounted arrowboards, tractor mowers, boom cutter tractors, a prebid conference at Concord College, and a reclamation maintenance contract. Bids must be submitted on forms from the Purchasing Division by stated times and dates. An order of publication in Mercer County Magistrate Court notes Kammer Furniture Co. as plaintiff.
MENTIONED IN THIS ARTICLE
West Virginia
Concord College
Ctr
Department of Finance & Administration
Capitol Building
Charleston
Glenn R. Cummings
Mercer County
Kammer Furniture Co., Inc
Bland Street
Bluefield
Also Mentioned on This Page
Dow Jones
New York Stock Exchange
First Fingermatrix Securities, Inc
Inter-Dealer
First Carolina Inc
Fortune Systems
Glaxo Holdings
ADR
Clude
Kincaid Furniture Inc
Ladd Furniture Inc
American Furniture
Dominion Bankshares
Williams Industries
Figgie Intl Holdings
Wiland Services
duPont
At&t
Amoco
Ts EsKod
Aurich
Shahi
Ium
Bhat
ReyMtl
Royld
Sears
Singer
Texaco
Uniroy
Ussteel
Uswest
Unocal
Uncel Wd
William
WinDix
Wolwth
Xerox
Corp
Inner Brands
Amer el Pwr
AMF Inc
Ashland Oil
Avon
Atlas Corp
Bakr Intl
Batg&e
BankAmer
Bank of Va
Beard Oil
Bearings
BoiseCas
Cabot Corp
Coca Cola
Col Gas
Firestone
Foster
Galaxy Oil
Pacific Gould Grace
Grumman
Hanna Mii
Hecks
Hercules
HospCorp
Hous Ind
Hou Oil Tr
Hughes Tool
Humana
Ingersoll
Twexco SM
McDonalds
Marion Lbs
Mark
Mesa Petri
Mesa Royl
MsaOfshr
Mtchi Enrgy
Mohasco 3S
NatlGypsm
NatiMnSve
Newmnt Mng
Nik Sthn
NoAmCoal
Ohio Edison
Occidental
Enrgy Quak Sto
Revlon Ag Rynids Inds
Robins
Volyl
Michael E. Gills
E. Altanmonte Drive
Altamonte
Karl H. Frye, Inc
Katherine Williams
Rogers St
Bird
Starlene Bragg
NPDES
Diamondback Mining Co., Inc
Virginia
Virginia Division of Mined Land Reclamation
Pilgrims Knob
Buchanan County
P. O
Powell Avenue
Big Stone Gap
Danny R. Brown
Coma
Division of Land Reclamation
Virginia Department of Mines, Minerals and Energy
Kammer Furniture Presents
Broyhill
America
Curios
Bassett
Wedge
Mers
Visa & MasterCard
Atus Ae A
Kammers
Paul H. Broyhill
Chairman
Broyhill Furniture Industries
Armstrong
Kincaid
Sealy
Wood
Cain
Broyr
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