Stocks Halt Retreat Amid Rate Rise Forecast
New York stocks ended a broad retreat with a small gain as analysts warned rates may rise further. The Dow rose to 973.4 after a six day decline sparked by higher borrowing costs and Fed tightening steps. Volume reached 430 million shares on the Big Board with 87 advances to - declines.
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Decnes
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Treasury
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Tod
Standard & Poor
Market indexes rise as Canal-Randolph to bid for shares
The Over The Counter M844 and SAP's S10-stock composite gain as Conoco leads NYSE activity with a 6 percent rise. Canal-Randolph jumps 11 percent to 45 percent after Picara Valley of the Netherlands Antilles announces a tender offer for 750000 Canal-Randolph shares at 9 dollars each. Active issues include Sony down, IBM up, AT&T up 9, and General Motors up 52.
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IBM
At&t
General Motors
Allagash Ad Promotes Camel Expeditions Draws Fire
A full page Camel cigarettes ad shows a man paddling the Allagash Wilderness Waterway stirring debate in Maine. Critics say the rugged image clashes with conservation values and could lure tourists, while state officials defend the campaign as tourism promotion. The ad links to a $1 million campaign and features a $798 Allagash trip booked via Thomas Cook, with Maine Wilderness Paddlers Inc. conducting the trip. Organizations like the Maine Publicity Bureau and the NRC express concern over misrepresentation of the waterway’s character.
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Thomas Cook Travel
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Thomas Cook
Maine Wilderness Paddlers Inc
Mount Desert
Bob Mensink
Mille Beer
Down East
Rob Gardiner
The
Natural Resources Council of Maine
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