Profile Of The American Stockholder In Turbulent Decade
The profile of stockholders has shifted dramatically from 1970 to today with older investors, higher incomes, and more conservative holdings. Women now outnumber men among shareholders as aging ownership and inherited stocks rise while overall ownership falls. Causes include Watergate era cynicism, high fixed income yields drawing funds away from stocks, perceived unfair access to information, and lack of tax incentives.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
U.S
NYSE
White House
Congress
Pillsbury reports record second quarter sales and earnings
The Pillsbury Co. reports for the quarter ended Nov. 30 net earnings of 14.9 million, up 21 percent, and sales of 357.4 million, up 5 percent. Earnings per share reach 1.19, with six month figures at 23.4 million and 666.4 million in sales. Chairman William H. Spoor notes margins and urges perspective on profits.
MENTIONED IN THIS ARTICLE
Minneapolis, Minn
Pillsbury Co
William H. Spoor
Otis Elevator Sale Reshapes U S Industrial Landscape
Otis Elevator Co. faces a dramatic takeover by United Technologies after a price bid that rose from 42 to 44 dollars a share. Otis shareholders accept the deal as United consolidates a $4.5 billion new powerhouse with Pratt & Whitney and Sikorsky under one umbrella.
MENTIONED IN THIS ARTICLE
United Technologies
United Aircraft
Pratt & Whitney
Sikorsky
United
Pentagon
Essex Wire
Otis
United States
Trane Co. Names Treasurer, Counsel Aides
The Trane Co. Board elected John H. Shuey as assistant treasurer and Jay Eaton as assistant general counsel. Shuey, a 1970 University of Michigan graduate, joined in 1974 after four years at Texas Instruments. Eaton, a 1971 University of Iowa graduate with a law degree, joined in 1974 after working at a Cleveland firm. They reside with their families at listed addresses.
MENTIONED IN THIS ARTICLE
Trane Co
John H. Shuey
Jay Eaton
Shuey
Trane
Treasury Department of Texas Instruments
Dallas
Tex
University of Michigan
Ann Arbor
Mich
Ohlson Court
Eaton
Cleveland
Ohio
University of Iowa
Iowa City
23Rd St
Milwaukee Livestock Market Report Friday Activity
Milwaukee AP notes Friday cattle prices steady to choice with heifers 38 to 42, steers 24 to 36, dairy heifers 24 to 28, canners 16 to 22. Calves steady with choice 40 to 60, hogs steady to up 1.50 with lightweight 46 to 49, heavy 42 to 46, sows 36 to 37, farrow boars 34 and down. lambs not established.
MENTIONED IN THIS ARTICLE
Milwaukee
South ST. Paul, Minn
USDA
Cheese and Livestock Markets Report From Wisconsin and Minnesota
Active cheddar and granular cheese trading rose by 1 cent with 40 pound blocks noted as moisture premium. Wisconsin dairy prices show firm cheddar demand and Swiss stocks light to moderate, while St Paul livestock markets report mixed cattle hogs and sheep with steady prices and active dealers.
MENTIONED IN THIS ARTICLE
Green Bay
Wis
National Cheese Exchange
Madison
Wisconsin
Market News Service
St. Paul
Energy Chief Harsh On Wisconsin Gas Utilities
Wisconsin emergency energy office director Charles Cicchetti criticizes local gas utilities as shortsighted and focused only six months ahead. He urges a conservation plan using 1972-73 as a base for a 15 percent cut in industrial and commercial gas consumption amid hearings.
MENTIONED IN THIS ARTICLE
Madison
Wis
Wisconsin
Cicchetti
Soybeans surge on buying, prices rise at Chicago trade
A strong buying move sparked short covering and boosted soybean prices by 12 cents a bushel on the Chicago Board of Trade Friday. Other grains gained late in the session with soybeans closing up 7 to 12 cents, and corn and oats also higher on the day.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Market quotes for potatoes and grains across states
Chicago commodity markets list U S 1A shipments in 100 lb sacks with Washington russets at 6 50 North Dakota round reds 5 00 to 5 25 Colorado russets 6 25 to 6 50 and McClurgs 5 50 to 5 75 Wheat No 2 hard winter 3 47 soft red 3 28 Corn No 2 yellow 2 56 Oats No 7 heavy 19 50 Soybeans No 1 yellow 4 45 4 No 2 yellow corn Thursday quotes at 2 56 4n hopper and 2 56 1 4n box
MENTIONED IN THIS ARTICLE
Chicago
USDA
U.S
Washington
North Dakota
Reds
Colorado
Colorado Red
Egg Market Report Midwest and Wisconsin Prices
AP reports Chicago wholesale egg prices Friday unchanged with Class I large 66, mediums 64, smalls 53, nest-run 50, checks 41. Wisconsin market unsettled with demand fair and ample supply. large 76-80, mediums 75-78.
MENTIONED IN THIS ARTICLE
Chicago
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New York
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Field Newspaper Syndicate
By Sylvia Porter
Pillsbury
The
West Center
Apache Mall
Rochester Mini
Otis Elevator Co
Ralph A. Weller
Wm. Cremer
Gemologist
American Gem Society
Lacrosse
Milwaukee Livestock
Monthau Fri
Bridgeview Plaza
LaCrosse Cribune News of Finance
Chicago Mercantile Exchange
Loewi and Co
N. 4Th St
American Airlines
American Tel
Burlington Northern
Chrysler Corp
Control Data Deere & Co
Eastman Kodak
Exxon Corp
Fed. Nat'l. Mfg
General Electric
General Motors
Great Northern Nekoosa
G. Heileman Brewing International Bus
S.S. Kresge
Marcor Inc
Mgic Inc
Mobil Oil Monsanto Co
North Central Airlines
Northern States Power
Sears Roebuck & Co
STP Corp
Standard Oil of Ind
Texaco Inc
Union Carbide
U.S. Steel
UOP Inc
Upjohn Co
Western Union
Westinghouse Electric L
Winnebago Industries Century Elephone
First Bank System
Gateway Trans
la Crosse
Lee Enterprises
McLoone Metal Graphics
F.W. Means
Potato Markets
Egg Markets
Zenith
Garvalia’s
5Th Ave
Canon Sf Tyr
Canon
Meterir
6Th and King Sts
Main ST