Market yields rise as prices pull back from May peak
Long term investors see higher yields as stock prices retreat from the May peak, while active traders chase capital gains. The Dow Jones industrial average falls 5.38 percent from the May 14 high to 989.05, yet estimated earnings rise to 48.78 per share for the 30 stocks, widening the price to earnings ratio to 18.2 times.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
Mo& Active
America
Young Hobby Club Paper Cook-out Bib for Toddlers
A simple project by CAPPY DICK guides making a toddler bib from a paper napkin two paper clips and a length of ribbon. Ribbon length fits around the neck and raises the napkin to protect clothing. Figures show assembly and use to cut laundry work and delight children, with a teaser for tomorrow about a new ball bouncing sidewalk gem.
Butler County Flood Disaster Area Designated
Wichita AP reported Butler County flood damage led to disaster area designation by small business administrator Eugene P. Foley. Home, business, church, and charity property owners may apply for 3 percent loans for reconstruction. A temporary Augusta office will handle applications. farmers may seek disaster loans via the Farmers Home Administration. Walnut River floods caused about $10 million in damage.
MENTIONED IN THIS ARTICLE
Wichita
Butler County
Eugene P. Foley
Augusta
Farmers Home Administration
John E. Kirchner
Said
John W. Morris
Tulsa
Corps of Engineers
Col. Morris
Walnut River
Pitt and Penn State Rivalry Leadup Note
The 1893 Pitt Penn State football rivalry began with Pitt leading 34 to 27 in wins while three games ended in ties, outlining a long storied matchup between the two programs.
MENTIONED IN THIS ARTICLE
Pitt
Penn State
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Garden City Telegram
Donald
Young Hobby Club
Gemel
Butler
Avery
Fidelity State Bank
Garden City Trade Area
Garden City
Fidelity State
THE
Kansas
Federal Deposit Insurance Corporation
Koret
California
Koratron
Avril
Fortrel
Fiber Industries, Inc
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