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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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