Alpha risk measure ranks mutual funds by alpha gains
Wiesenberger Services compares top funds by 10 year and 12 month alpha scores to assess performance beyond raw gains. It shows Omega Fund, Rowe Price New Horizons and others leading, while alpha values suggest management skill versus luck.
MENTIONED IN THIS ARTICLE
Copley News Service
Rowe Price New Honan Soi
Enerprise Fund
Vest Fund
Security Equity Pond Ad Investors Research Fund
Wiesenberger Services, Inc
Rowe Price
New Horizons
Investors Research Fund
Chemical Fund
Ornsten Mutual Fund
Lone Price New Horizons
Wiesenberger
Omega Fund
Scudder International
Cherleal Fund
Putnam Livestors
Allstate Exterprises Stock Fund
Scudder Internationl
Omega
Chemical
Canadian Fund
Life: Insurance Nvestors
Smog Chamber Study Face Lighting and Size Variances
Raphael Jaffee project director for Lockheed smog chamber research in Sunnyvale inspects a test device at the end of a glass chamber. The study uses smog chemicals and aluminum plates under artificial light to explain differing past results. Initial analysis points to light type and chamber size as key factors.
MENTIONED IN THIS ARTICLE
Raphael J. Jaffee
Lockheed
Sunnyvale
Jaffe
Interest on NOW accounts eyed in Senate debate
A Senate Banking subcommittee will hear arguments on whether mutual savings banks may pay interest on checking. Sparkman and Tower push to outlaw interest bearing checking for all institutions, while rivals warn of a national threat if allowed to spread. NOW accounts in Massachusetts and New Hampshire yield 7.5 to 9.0 percent and 3 to 4 percent respectively, drawing depositors with about 27,200 accounts totaling $71.5 million in Massachusetts. Commercial bankers oppose the practice, noting mutuals charge fees and gain a competitive edge. Congress may act as FDIC rules differ for mutuals.
MENTIONED IN THIS ARTICLE
Washington
UPL
Senate Banking
John Af. Sparkman
D-Ala
Banking Committee
Joh G. Tower of
Texas
Terest
Mhwir
Mutual Savings
Massachusetts
New
Hampshire
Massachusetts Mutual
New Hampshire
Mutual
Jose Ameney
Weition
Congress
Federal Deposit Insurance Corp
Business leaders active in training and promotions across California
Alvin M. Bothan and others attend a sales training in Appleton focusing on financial planning life insurance and taxation. Ralph Knight named president of the California Association for the Aging. Charles W. Carrigan joins Grand Auto as contractor. Richard Farrer slated to speak at CA Real Estate Association conferences in Anaheim Long Beach San Bernardino and San Diego. Robert L. Bruna new deputy executive director of Marina Fux change in San Francisco. Robert L. Pinckney appointed manager of service and marketing support for Singer’s graphic systems division. Edward C. Massa joins San Francisco SBA district advisory council. Cheryl Moniz named Pacific Telephone customer services manager for Maynard and Union City. William M. Blaine Jr. earns zone champion in World Book sales contest.
MENTIONED IN THIS ARTICLE
Alvin M. Bothan
Iremont
Aid Association For
Appleton
Wis
ri+ Jations
Hothun
Frank A. Lindsen
San Jose
Richard Farrer
Castro Valley
California Real Estate Association
Boards of Realtors
Southern California
Anaheim
Long Beach
San Bernardino
San Diego
Farrer
Robert L. Pinckney
Singer
Graphic Systems Division
Pinckney
San Leonila
Edward C. Massa
Hayward
San Francisco
The
Small Business Administration
Massa
Saint Mary's College Board of Regents
Bay Area
St. Mary's College
Notre Dame Univer
Pacific Telephone
Cheryl Moniz
Maynard
Union City
Moniz
Richmond
Manly
California State University
John
Lisa Mays
Peterson Named Executive Vice President at Hearst Magazines
New York publisher Raymond J. Peterson of Good Housekeeping was named executive vice president of Hearst magazines on Sunday, succeeding John R. Miller who recently stepped down as vice president of the parent Hearst Corporation.
MENTIONED IN THIS ARTICLE
New York
Rayamond
Probe of multinationals urged in dollar speculation
AFL CIO urges congressional investigation into American owned multinationals for selling dollars short to gain quick profits. Andrew J Biemiller CIO legislative director wrote to Rep Henry Reuss noting reports that some firms placed profits ahead of patriotism. He called for examination of the companies to reveal all fuels behind the action.
MENTIONED IN THIS ARTICLE
Washington
UFT
Congress
Afl-Cio
Andrew J. Biemiller
APL
CIO
Henry 8. Reuss
D-Wis
U.S
Biomiller Sait
Field Functional Publications Names Chicago Publisher
Thirty one year old Marshall Kiel chairman and president of the Parent Corporation in Chicago and publisher of the Chicago Sun Times and Chicago Daily News was named publisher of Field Functional Publications Inc.
MENTIONED IN THIS ARTICLE
Palo Atto
Marshall Kiel
Chiirman
Chicago
Chicago Sun- Times
Chicago Daily News
Field Functional Publications, Inc
RPT
Wall Street firms buy back own stock in record pace
Blue chip companies are repurchasing their shares at a pace unseen before. Gulf Oil United Aircraft Bethlehem Steel Sperry Hutchinson and Green Stamp plan large buybacks as the market questions valuations, with many stocks trading near or below book value and prospects of earnings growth seen by analysts.
MENTIONED IN THIS ARTICLE
Amage Mare
Wall Street
Gulf Oil
United Aircraft
Bethlechum Steel
Sperry & Hutchinson
Green Stamp Company
Authority Oil Collecting
Yate
Cleary
Argus Research Corp
Bank raises prime rate boosting lending costs nationwide
New York banks lift prime rate to 6 percent effective immediately citing a 10 percent rise in loans outstanding in 23 as a major factor. The move shifts borrowers from commercial paper to banks with lower lending costs and follows recent rate hikes by General Motors Acceptance Corp on short term paper.
MENTIONED IN THIS ARTICLE
New York
UPI
Manfacturers Flatover Trust
Way
General Mo Wits Acceptance Corp
Wall Street charts show downturns then possible rebound
The Dow Jones remains below a resistance around 98 while a break could signal a mild decline to about 930. A penetration may lead to gains toward 1010. The market letter notes oversold issues likely to rebound and an improved outlook for stocks in the coming weeks.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
TPO Inc
Wailire
Over the Counter Quotations Courtesy of Dean Witter
Quotations are completed through the courtesy of Dean Witter and Co at 1070 A Street Hayward. The notice lists Over the Counter materials provided to readers through this brokerage firm.
MENTIONED IN THIS ARTICLE
Tae
Dean Witter & Co
Hayward
Also Mentioned on This Page
Paul A. Johnston
Ite
Thomas J. Melmiyra
D-N.h
Mer Dnand J. St. Germain
D l.1
Mrs
Cheryl Monnz
Edward GC. Massa
Dick Farrer
Ralph Knight
California Association For the Aging
Newark
Sacramento
American Association of Homes For the Aging
Mr. Knight
Department of Home Administration
American Baptist: Homes of the West
Charles W. Carrigan
Grand Auto, Inc
California
Carrigan
Mayfair Markets
Cary Corp
Washington, D.C
Hood & Strong
Orinda
Frank Cunningham
Freton
Wells Targo Bank
San Leandro
Fremont
Cunninghant
Wells Pargo
Robert L. Bruna
Marina Fuxchange
Sity
Alao
Stanford University
Willian M. Blaine Jr
Oakes Blvd
Field Enterprises Educational Corp
Blaine
Arizona
Colorado
Havwaii
Nevada
New Mexico
Wah
Walns
Oregon
Wyoming
Hearst
John Cunniff
Caitvan
Wall Street Charter
W. EE. Hulton
Bank of
Amirita
Bank of Ame Renilt
Barnes Hina Ireundr
Ian Fed
Savings
Kater
Tacrvyns Bk
Swolley
Small Businessman
Tweedle & Duck A
BnBath
OS Communty Doneste, al
Ft Verve Charae
Rol
Hayward Ber