October Retail Sales Outlook In Commerce Report
A Commerce Department forecast for October retail sales is due this week with analysts watching for consumer demand signals. Also anticipated are the October producer price index and the Agriculture Department crop production report along with Labor Department weekly unemployment claims data.
MENTIONED IN THIS ARTICLE
Commerce Department
Agriculture Department
Labor Department
Business group meetings feature speakers and topics
Jean Sheehan of Jeans Coventry Gardens Ladies Shop speaks at CRIABWA meeting with a style show at 6:30 p.m. at Longbranch Supper Club. The Cedar Valley APICS chapter hears Jim Thompson on Bill of Material Structuring and inventory accuracy, with a 5 p.m. board and 6 p.m. social hour at Longbranch. Lo
MENTIONED IN THIS ARTICLE
Jean Sheehan
Jeans Coventry Gardens Ladies Shop
Criabwa
American Business Women’s Association
Longbranch
Jim Thompson
Thompson Group, Ltd
St. Louis
Cedar Valley
American Production and Inventory Control Society
Lois Bartelme
Five Seasons
International Association of Quality Circles
Edward Haug
University of Iowa
Center For Computer Aided Design
Northeast Iowa
American Society of Mechanical Engineers
Sheraton Inn
Bill Pohorsky
Cedar Rapids
Creswell, Munsell, Fultz & Zirbel, Inc
Quad Cities
Dock
Davenport
Bond calendar snapshot shows multiple offerings this week
The calendar lists public service authority bonds in South Carolina at 75 million via Salomon Brothers on Wednesday and various offerings across New York California Texas Florida Illinois and more. Highlights include secondary share offerings, IPOs and mortgage securities totaling hundreds of millions through Salomon Brothers Merrill Lynch Rothschild Unterberg Towbin and others.
MENTIONED IN THIS ARTICLE
South Carolina
Public Service Authority
Salomon Brothers
New York
Westchester County
Puget Sound Power & Light
Merrill Lynch
Texas
San Antonio
California
Dept. of Veterans Affairs
Candaigua Wine
Dallas Federal S & L
Empire Airlines
Rothchild Unterberg
Oxeco Inc
Reliable Stores
Shearson
American Express
Shore Industries
Trilogy Ltd
Indiana University
Money rates guide national figures for Friday
National money rates list the Friday Prime Rate at 11 percent and the Discount Rate at 8 percent. Broker call loan rate ranges 10.00 to 10.25 percent while the Federal funds market shows a high of 9.16, low 9 percent, last 9 percent. Dealers commercial paper for 30 to 180 days sits at 9.05 percent and finance company paper 30 to 270 days at 9.25 to 8.875 percent.
MENTIONED IN THIS ARTICLE
Federal
Finance Company
Woman guides Kmart into world trade
New York profile of Marjorie Alfus marketing director of Kmart Trading Services Inc. Her diverse background in television, biochemistry, apparel, and law frames a unit aiming to help U.S. suppliers export via Kmart’s network of 15,000 suppliers and 10 foreign offices. The unit eyes countertrade and growth despite a strong dollar.
MENTIONED IN THIS ARTICLE
New York
Kmart Corp
New International Trading Unit
Marjorie Alfus
Kmart Trading Services Inc
Kmart
Alfus
Kmart Trading Services
U.S
Bellevue Hospital
Italy
United States
No-Load Funds vs Load Funds in Mutual Fund Tactics
A New York AP overview explains no load funds avoid purchase sales charges while load funds deduct commissions. It cites a $23.02 share price with a $21.06 NAV and presents a tax efficient switch strategy to cut apparent costs by up to half. It cautions about risks and rules.
MENTIONED IN THIS ARTICLE
New York
Lipper Analytical Services Inc
Richard Curry
Prescott, Ball & Turben
Investor News
Curry
Mutual fund assets rise for fifth week
Money market fund assets climbed for the fifth straight week, rising $123 million to $166 billion in the week ended Wednesday. General purpose funds led gains while broker-dealer and institutional funds fell, with yields holding near 8.6 percent.
MENTIONED IN THIS ARTICLE
New York
Investment Company Institute
Mutual Fund
Donoghue
Money Fund
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Bond Calendar
Telerate Systems Inc
By James Peltz
Associated Press
Wes Ralston
Skogman Ralston Insurance Inc
First Avenue
Iowa
Wes
DU Igrou
Economy Fire & Casualty Company
Millhiser Smith Agency. Inc
Oakland Road
Economy Preferred Insurance Company