Two-Price Gold System Answers Key Questions
New York AP notes seven Western nations including the United States adopt a two price gold system to curb speculative buying and drain on reserves. Private market prices would be set by demand, while central banks peg a separate price to settle official transactions.
MENTIONED IN THIS ARTICLE
New York
Washington
U.S. José
Federal Reserve
United States
Bank of England
London
France
London Gold Post
Gale
Belgium
West Germany
Italy
Netherlands
Switzerland
Britain
Hailvale
A-One
Paris
Ryo
Helj
Colorado Mountains Hold Untapped Gold
A veteran deputy state mines commissioner says as much as $1 billion in gold lies untapped under Colorado mountains. Colorado has produced over $900 million in gold since settlement, with much in the Cripple Creek district. He notes gold could sustain a new mining boom if prices rise and fees adjust.
MENTIONED IN THIS ARTICLE
Denver, Cols
Colorado
G. A. Frang
Franz
Cripple Creek
New York Stock Exchange Sees Mixed Early Trades
New York exchange activity shows seed prices and morning shifts as traders monitor bids and prints for potential gains amid uncertain market conditions. Simon price movements register among listed securities with varied sentiment across sectors.
Heavy Trading Boisterous Rally by Stock Market
New York market action sparked a boisterous rally Monday with heavy trading. Early gains widened before afternoon trading slowed as investors balanced rising prices with profit taking. Major indices showed gains as traders rotated into tech and financials.
MENTIONED IN THIS ARTICLE
New York
Yi Exchange
Hydrofoil ferries proposed for San Francisco
An SF Marin board panel signaled possible summer startup of German designed high speed hydrofoil ferries on an experimental run from Greenbrae to San Francisco. The craft would cover the 14 mile route in about 14 minutes, roughly half the time of car travel.
MENTIONED IN THIS ARTICLE
San Francisco
Bay Area
Marin
Greenbrac
Market rally fades as Dow slips after early surge
Broad front advance sparked initial Dow rise to 135 points with gains in IBM Xerox Polaroid and GM before selling pressure and mixed economic reports trimmed the session. Industrials, rails, and utilities posted mixed losses as mining stocks tumbled amid gold and silver delays.
MENTIONED IN THIS ARTICLE
Blaminialovks
Wall Street
International Bankers
Analysin
Dow Jones
Associated Press
Alalicks
Nfl
IBM
Xerox Fi
Polaroid
Whittaker
Teledyne
Gulf & West
Understanding stock splits and investor myths explained
William A. Doyle argues investors mistake stock splits for increases in value. Splits double share count but leave ownership and total pie value unchanged, with price adjusting accordingly. only a dividend raise or other fundamentals can raise actual value.
MENTIONED IN THIS ARTICLE
William A. Doyle
Avent
Atthal
Battledeer
XYZ Corp
Xyz
UAW and Eltra Corp Reach Tentative National Pact
A tentative agreement on a national contract was reached between the United Auto Workers and Eltra Corp ending a strike by over 5,000 employees that began March 1. Terms remain confidential as the pact heads to ratification across the United States and Canada. The deal covers Eltra Corp’s Alta division with plants in multiple locations including Oakland California and Tote, Ohio.
MENTIONED IN THIS ARTICLE
Detroit
United Audia Workers and
Eltra Corp
UAW
United States
Canada
Bellsides
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Patrick Payton
Ucla Space Science Center
Dayton
Thay
Colorado Mountains
Montag
N.Y. Stock Exchange
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Simon Pricess
Bich
al P
Pow Jones
PepsiCo
Peilucl Fir
Ith Alin
Agmiii
Waily
Prila el
H Ra
Vath
ST Sa
Phil Rdg
Tay As
Paz
Ily
Alcoa
Ave Amerida
Uileran
Ms Am Bosch
Deere Cn
Dalladiy
Aini Nore
Ink T&t
Raytheon
Honia
Duke
Repubsti
Ora Ie
duPont
Val Jewel Ce
Abel CH
Ar Motors
Jojndine
Jones
T&t
Ua Rydersys
Elpason
Aly Waay
Abalira Corp
Katy Ind
Safeway
Arias Corpa
FAME
KayearRo
Sloat
Jonson
Yel ereLack
Kerr
Krumpers
Scheniey
American Express
Wn Armea
Eversharp
Schering
Anieuser Busch Ae Armour
Satz Krawer
Ata Fla Scientif Data
Ede Banke
Faircam
Bank of
Cali Bay
Lear
Seana
Cocker
Atlas Ch
Lenin
Seahuey
Sie
Atlas Carn
Mel Filtrok Lal
Sharon St
Syctatton Corp. Casse Avca Cp
Val Firesina
Lin
Shell Ol
Franklin Lila
Aynet Inc
Fund America
Sindell
Dn. Insurance Sec
Lockhda
Smith Tada
BaltGe
Poouf A
Loews
ASM
Soutane
Jose Magnin Kaiser Steel
Longs Drugs
OFAN
Amer
Bendle
Lucky
Spartan Ind
Benet
Ty Tukens
Sperry
Garsko
Macke
Rucker
Fey Pia Genannf
GenDynam
zalMacy
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Aina
Goodrich
AllazCorp
Chity Bay
West Ink
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Greyhound
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Lesana
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TRW Inc
Dixifyn” Corp
Dynatech
Fargo
Felmont
Mls
Chriscraft
Ms Frontier
Chrysler
Wek Cit
Union Pacit
Eledien Ik
Husky
Colaibc
NoAmRocy
Hochmol
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Norton
Norwich
NowPark
Vaeipw
Walt Aent
Echnical Aa
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Wu Banc
Assne i Crovse Hind
Wal Wong
Crown Gark
Ae Ind
Util
Pat Pet
I FM Weyer
Sothy
Taney
Udahy
Uris
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Madnls Guardian Thrift and Rayente
Oakland
VaNe Ob
Ysiwer
Prey
Ivarsan
Stoker
Daily Investor
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