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Lawrence Journal World in Lawrence, Kansas

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Articles on This Page

This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Apr 06, 1994

Page

2

PCs open new investor markets eye on-line trading

Investors face a choice between traditional brokers and computer driven trading. Telebrokerage offers low or no commissions at Fidelity and Schwab with minimums around $38 to $39. On line options from T Rowe Price, Quick & Reilly, Accu Trade, and ETrade enable buying and selling through PCs, modems, or touch tone phones, with instant trade confirmations and price quotes. Online services also provide mutual funds, bonds, research, and portfolio management for additional fees. Major on-line nets CompuServe Prodigy and America Online supply broad investment information and access to discount brokers.

Fidelity Investments Charles Schwab Schwab Fidelity Fidelity’s AccuTrade Omaha Accu- Trade T. Rowe Price Baltimore T. Rowe Quick & Reilly Accu Schwab and IBM Comuters Acintosh CompuServe Prodigy America Etrade Palo Alto Calif Fidelity and

Fed rate hikes blamed for market upheaval debate

Economists debate whether the Fed moved too early or too late in raising rates in early 1994, with some saying the public escalation unsettled markets while others argue it followed inflation risks. Critics warn that policy errors could threaten a soft landing and leave the economy vulnerable to shocks.

Federal Reserve Fed Washington White House Wall Street David Jones Aubrey G. Lanston & Co David Wyss DRI McGraw Hill Inc

Market Wrapup Preview in Saturday Journal-World

Latest stock quotes from Infocrastian S000 GM Bless appear in a market wrapup teaser. The Journal-World signals a full Saturday edition with detailed quotes, trends, and financial notes for investors.

Journal-World

Midland Elevator and commodity prices and market notes

Midland Elevator reports wheat at 3.41, corn 2.69, milo 4.30, soybeans 6.46. Omaha market shows hogs 43.50 to 44.25 for 135 to 220 pounds, sows 50 to 1.00 higher. cattle and calves limited trading. St Joseph quotes include slaughter steers 73.00 to 74.10, heifers 73.25 to 73.90, cows 38.25 to 51.00, bulls 60 to 66.75. Kansas City feedlot sales indicate steady steers and heifers with strong week, 4,000 slaughter steers and 1,700 heifers sold. Nonferrous metals in New York mixed. copper around 0.92 dollars per pound. gold near 383.90 to 384.40 per ounce. silver about 5.54 per ounce. Southwestern Bell ends 4.9 billion cable TV partnership with Cox due to regulation and FCC rate actions.

Omaha, Nes USODA Omaha U.S St. Joseph Door City Kansas New York London Comex Handy & Harman Mercury N.Y

Stock market holds promise for those who wait

Washington report explains how the market’s roller coaster affects savers and retirees. It notes mutual funds face principal loss while long term investors may ride out swings, and highlights risks for 401(k) plans and pension funds. Experts warn short term cash bets suffer in declines.

Washington Wall Street William Griggs Griggs & Santow David McLaughlin Chase Investment Counsel Corp Mike Clowes Pensions & Investments Magazine Clowes

ATTs McCaw deal faces consent decree hurdle

A federal judge ruled that ATTs proposed 12 billion acquisition of McCaw Cellular would violate the decree that broke up the Bell System. The ruling does not block the purchase but adds hurdles over who will own McCaws cellular operations now co owned with regional Bell companies.

At&T’s McCaw Cellular Bell System American Telephone & Telegraph Co McCaw Bell Telephone

Teamsters Strike Halts 22 Trucking Firms Nationwide

Thousands of truckers, dock workers, and mechanics formed picket lines in a nationwide Teamsters strike against 22 trucking companies. The walkout centers on plans to expand part time work and shift more freight to rail. Consumers should see little immediate impact as many firms haul materials and many supermarkets and food producers operate their own fleets not involved in the dispute.

Teamsters

Lawrence Chamber annual meeting at Lied Center Friday

The Lawrence Chamber of Commerce will host its annual meeting Friday at 6:30 p.m. in the Lied Center on KU's west campus with a strolling buffet. About 600 attendees are expected as Sunflower Cablevision presents a video honoring 40 local businesses. Three major awards will be given: Wally Galluzzi Volunteer, Buford M. Watson Jr. Public Service, and Citizen of the Years. Reservations: 865-4411.

Lawrence Chamber of Commerce Lied Center Kansas University West Gary Toebben Chamber Sunflower Cablevision Wally Galluzzi Buford M. Watson Jr

Also Mentioned on This Page

Jane Bryant Quinn Central Bank Dow Jones Uni Jones Office O'Reilly Auto Serene JC Penney Pepsica Quaker Oaveeneeesesse Railroad Fin UtiliCorp Wal-Mart Sss Western Res Williams Wee Woolworth Edward D. Jones & Co Midland Omaha Livestock St. Joseph Livestock Dodge City Livestock Commerce Bank of Kansas City N.A Commerce Bank Phone-cable Union Southwestern Bell Corp Cox Cable Communications Southwestern Bell Federal Communications Commission Canada France Germany Great Britain Italy Japan Mexico Switzerland At&t Plan Plumbing, Heating & Cooling Company Cail Roy METRA Chaney A, Iacarrarella Ver Rma East 27Th Street
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