Mutual funds boom expands overseas selling network
Foreign mutual funds grew to 769 firms with 24.2 billion in assets, far smaller than U.S. funds at 58 billion. U.S. funds abroad sold 427 million last year, with net flows hampered by redemptions. Amivest Corp and International Dealers Affiliated Services build a global distribution spine, funding independent dealers with order processing and training to meet SEC standards.
MENTIONED IN THIS ARTICLE
iIn
United States
U.S
Canada
Akeidale
Investors Overseas Services
Investment Company Institute
Emmanuel Sella
Amivest Corp
Amivest
Ilidas 4S
Zurich
Switzerland
Holland
Inter
Technological advances rescue failing steel mill
Edgar Thomson steel plant, headed for oblivion, is revived by new basic oxygen furnace technology. Since 1966, remelted steel is produced swiftly, with recycled scrap accounting for up to 25 to 40 percent of the charge. U.S. Steel plans to stabilize output as the Braddock works near its second century.
MENTIONED IN THIS ARTICLE
Rudy Cernkovic
Braddack
UPI
Edgar Thomson
Bop
Elh. Gott
U.S. Steel
U.S
America
J Edgar ‘Thomson
Prent
Pennsylvania Railroad
Carnegie
Thomson Works
William H. Jones
Week in Business How Vietnam War Shook Markets
Stocks fell for a second straight week as Vietnam and price policy fears unsettled traders. Blue Chip Industrials slid 12.94 to 441.23, S and P 500 dropped 1.0, NYSE index down 0.70, turnover about 72.6 million shares. Analysts noted confidence waning as earnings and policy signals spurred volatility. American Motors led activity with 1.714 million shares while Gulf Oil and AT&T also moved notably on earnings and emissions news.
MENTIONED IN THIS ARTICLE
Standard & Poor
American Motors
American Telephone & Telegraph
Schlomberger
Whchh
Economic policy sparks clash over productivity and inflation
The piece questions Washington spending and wage growth under Nixon era controls and Johnson deficits, arguing productivity trails rising hourly pay while prices hold, and questions the political leadership and taxation approach, including McGovern and Kennedy advisers. It notes debates on tax withholdings and possible deficits in 1973.
MENTIONED IN THIS ARTICLE
Johnson
Washington
Kennedy
Nixon
We. Johnson
Hutsly
McGovern
White House
Questionbox offers guidance on telephone order retailing
A reader asks how to restructure newspaper ads to push telephone orders. The answer cites Jack Schwartz’s How to Get More Business By Telephone and explains that a successful program treats the telephone order role as a selling department with trained staff, cites lower returns, and provides details on sales by line, advertising approaches, and productivity metrics.
MENTIONED IN THIS ARTICLE
Jack Schwartz
Autor
Also Mentioned on This Page
Tre Daily Review
Meynard
Calif
By Charles J, Elia
Securities and Exchange Commission
TDAS
IDAS
Burton Engel
Furl
SEC
Egel
CRSA
Phair
Aea
Andrew Carnegie
England
Iron and Steel Institute “of
Great Britain
Tha
Braddock
Monongahela River
Pennsylvania
Baltimore & Ohio
Bessemer Steel Cail
Fallefield
Canton
Vietnam
New York
N-Vestors
Price Commission
Toget
Fét
Macys
Bres
Newton Zinder
F. Hutton
State Department
Paris
France Soir
Monte Goraps
Sartowrins
Pentagon
Art Uy Jedd
Dow Jones
Down
Ratug
Toose
ITT
W. ‘Heller
Hayward Daily Review
W. Winton Ave
Hayward
N.Y
Ok Desi
U. S. Department of Labor
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