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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jan 14, 1975
Page
25
The page lists closing prices from the American Stock Exchange with numerous tickers and figures for companies across sectors. It shows prices and percentage changes for names such as Allied Arts, Altec, Arrow Elect, AT&T, and more, reflecting a broad market snapshot.
Chicago Board of Trade closes with soybeans down the limit as profit taking drives soybeans and related grain prices. Soybean meal and corn also weaken while oats and wheat show mixed at the close. Treasury balance and hay markets noted in brief.
A dense list shows various investment trusts and funds with listed prices and performance notes. Names include Aetna, Allstate, Amer Express Cap Fund, Dreyfus, Founders, Shearson, Vanguard, United Funds, and more. The compilation hints at asset values, yields, and fund ratings across numerous funds.
Market roundup lists closing prices for several stocks including MicroMask Inc and National Insurance stocks. Notable quotes show minor gains and losses across insurers and financials with thin trading activity.
New York AP reports closing prices and net changes for the 15 most active stocks on the New York Stock Exchange. Texaco, Southern Co, GM, Disney, Citicorp, and Am Home are listed with notable figures and percent changes amid a busy trading day.
Proposals to trim food stamps, Medicare and Social Security threaten the poorest as the 76 budget projects a deficit up to 35 billion. Critics note a 30 percent stamp cost would force 1.5 million dropouts, harming communities and local economies.
Dow Jones closing averages show the industrials at 654.18 down 4.61 and the trans is at 152.45 down 0.74. Week figures list 637.20 up 2.66 and 149.34 up 2.50 for the transports and rails respectively. The data covers daily, weekly, monthly, and yearly comparisons with highs and lows noted for 1974 and prior years.
The notice corrects a previously published rate or record misprint. It clarifies the proper reguier Carat Angoloe details and indicates the corrected figures for Perth Pay red Rate and related entries.
Standard and Poor's closing stock indexes are provided with 1941-43 averages and current figures. The Industrials Rails Utilities and 500 Stocks levels are listed, along with week, month, and year ago comparisons and 1974-75 high and low readings.
Walter Hoadley, Bank of America chief economist, told a civic luncheon that Americans should spend tax cut gains but must expect future tax increases to pay for them. He predicts a rebound this fall, inflation around 9 percent this year, and urges using construction to repair old houses amid a strong overall economy.
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