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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 11, 1982

Page

27

Major New York Stock Exchange and OTC index roundup

Financial data from New York and over the counter markets show mixed results with index highs and lows, notable gains in utilities and finance, and varied performances for large caps including Exxon RCA and General Electric. Volume traded reached about 99.44 million shares as traders weigh industrials and technology names.

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Business investment lags despite tax incentives in 1982 budget

A January February UPI survey shows January February business investment rose only about 1 billion dollars in response to the Economic Recovery Tax Act. Iron and steel industries plan the largest jump with expenditures up 40 percent to 4.37 billion dollars.

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