Investor attitude index hints at flat stock prices ahead
A new quarterly index of investor opinions suggests prices will hold steady and trading volumes may fall in coming weeks. The index, created by Financial Marketing Services for Paine, Webber, Jackson & Curtis, polls PWJC clients across 64 offices, showing 59 percent expect prices to stay level and three of four expect no rise in trading activity.
MENTIONED IN THIS ARTICLE
Financial Marketing Services Corp
Paine, Webber, Jackson & Curtis
PWJC
Coun
Mail Sparks Voters Hoppin Mad Over Congressional Pay Hike
The article reports widespread voter ire over the $12,500 congressional pay raise approved last month. Letters from citizens and lawmakers reveal strong opposition, with discussions of potential protests and calls to repeal or adjust salaries for lawmakers and officials.</analysis>
MENTIONED IN THIS ARTICLE
Hoppin
Congress
Government To Use Financial Brakes To Curb Inflation
Federal Reserve Chair William Mc Chesney Martin says monetary restraint will back fiscal restraint to cool the overheated economy this year. He notes price rises in January and February and warns banks may keep credit tight to avoid a downturn.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve’ Board
William McChesney Martin
Martin
Congressional Joint Economic Committee
Reinvesting Dividends and Mutual Funds Guidance
Advice on automatic reinvestment plans for closed end and open end funds and how to handle ownership with or without street name. Addresses broker cooperation issues and options to reinvest via Lehman and Tri Continental. Includes reader questions on aging investing income and cross state fund sales rules.
MENTIONED IN THIS ARTICLE
Lehman
Tri-Continental
Also Mentioned on This Page
Sylvia Porter
The
Research Institute of America
Marguerite Davis
Washington
UPI
Rep. H. R. Gross
Venture
Charles Harlow
Venture Research Company
Pine Avenue
Long Beach
California
Gooding
Idaho
Gross
Malvern, Iown
Chicago
Andrew Jacobs Jr
D-Ind
Treasury
M.G. Snyder
Rey
Arnold Olsen
R-Mont
House Administration Committee
House
Spiro T. Agnew
John W. McCormack
Senate
Lynchburg
Labor Department
DOW Jones
Bank of England
United States
Sinclair Oil Corp
Gulf Oil Corp
Texaco, Inc
Sun Oil Co
Phillips Petroleum Co
American Oil Co
General Motors Corp
St. Regis Paper Co
RCA
Radio Corp. of America
St. Regis
Martin S. Ackerman
Curtis Publishing Co
Ackerman
the Daily Investor
William A. Doyle
Doyle
United Feature Syndicate, Inc
Fireside
Amerca
Gary J. Klco
Mr. Klco
Webster S. Salsbury Agency
Bankers Life
Nebraska
Lincoln
U.S
Carlton