Stocks broadly lower as Fed tightens credit
UPI reports fears tighter money could slow economic growth and spark a recession. The Dow fell 13.95 to 823.02, the NYSE index dropped to 53.90, and S&P declined to 95.85 amid expectations of a federal funds rate at 7 percent. Trading volume rose to over two billion on the NYSE, with declines outpacing advances on major exchanges.
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New York
UPI
Wall Street
Federal Reserve Board
White House
Congress
Fed
Standard & Poor
New York Stock Exchange
NYSE
U.S
American Stock Exchange
Stocks to Watch Week of June 19 1978 Highlights
Weekly stock snapshot shows increased and extra dividends across many firms. Notable moves include DiGiorgio Elect Data Fitchburg General Signal and Joy Mfg all raising payout. several firms announce stock splits and new earnings figures for the second quarter. Mergers acquisitions and anticipated listings also populate the market brief with multiple corporate actions.
MENTIONED IN THIS ARTICLE
United Press International
DiGiorgio Co
Elect Data Sys
Fitchburg Gas
General _Signal
Hhindis Tool
Jewel Cos
Joy Mfg Co
Measurex Corp
Nail Service
New Eng Gas & el
Rexham Corp
Rochester Gas
Rochester
Sunbeam Core
Thompson
J Walter
Wolverine Wid—éc
ASH
Bell Industries
Jc Ock
Roblin Industries
Sikes Corp
Congoleum Corp
Santa Barbara
Rogers Corp
Showboat Inc
Knight Ridder News
Am Agronomics
ICM Reality
Koehring Co
Narco Scientific
Ohio Sealy
Ransburg Corp
Tokheim Corp i
Uld Air
Levi Strauss Ac
Spartek Inc
Carter Hawley
Thaihimer
Chesebrough Ponds
Bass
Coca Cola
Ny-Jeannette Cp
Cooper Labs
Pacemaker
den Tal Ez
Technodent
Harsco Co
Grand Junction
Honeywell Inc
Spectronics
Nati Mod
Medfield
PepsiCo Inc
Taco Belt
Scott Foresman
Fleming Rev Valley
Ind
von Hoffman Co
Voplex Corp
Anchor Plastics
Biscayne Fed Sellinga
Wu! Inc
Filmways Inc
Prime Computer
Community Psychiatric
Decorator
Graham Manufacturing
United Press Inter
Collins wins two orders for Rockwell Collins avionics
Swiss Air Transport Co. and Austrian Airlines place orders totaling over 1.5 million dollars for Rockwell International Collins Air Transport Division avionics including EPC-75 flight profile comparators and transceivers for new DC-9-80 fleets. Delivery starts early 1980. SALC awards 1.3 million for MRC-107A adapter kits to convert Jeep systems for APCs enabling 30 minute transfers.
MENTIONED IN THIS ARTICLE
Swiss Air Transport Co. Ltd
Air Transport
Rockwell International
Collins Air Transport
Rockwell-Collins
Air Force Sacramento Air Logistics Command
SALC
Collins Telecommunications Products Division
Collinsman Addresses World Convention On Circuit Board Trends
Robert W. Wright of Rockwell Collins Interconnect Products spoke to over 500 delegates at the First Printed Circuit World Convention in London. His talk, Multilayer Circuit Board Future Technology Trends, projected trends to 1990 and noted his work since 1964 on multilayer circuit board development.
MENTIONED IN THIS ARTICLE
Robert W. Wright
Rockwell-Collins Interconnect Products
London
Wright
Bank Clearings in Cedar Rapids Week Ended Friday
Bank clearings in Cedar Rapids for the week ended Friday totaled 22,126,168, down from 25,415,039 the prior week. The figure compares with 17,592,715 for the same week a year earlier ending June 24.
MENTIONED IN THIS ARTICLE
Cedar Rapids Bank Clearing House
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Cedar Rapids
Sun
Collins
Collinsman
World Meeting
Realtors
Mike Andrews
Mike
Liberty, Inc
TOR
Ugstore
Tiparillo
Wilson Ave. SW
32Nd
Oakland NE
MT. Vernon RD
Marion
7Th Ave
Contac
A.R.M. Allergy
Vlasic
Killer Kane
Summer Toys