Stocks Rally to Record Highs On Broad Market Strength
Falling rates, European gains, and renewed interest in drugs and consumer goods lifted U.S. stocks to records as the Dow topped 3600 for the first time. Nasdaq and NYSE composites also rose while Treasuries fell to new lows and drug shares surged led by Merck Glaxo Bristol-Myers Pfizer and Johnson & Johnson.
MENTIONED IN THIS ARTICLE
New York
Europe
U.S
William E. Dodge
Dean Witter Reynolds
Dow
Britain
Germany
U.S. Treasury
Merck
New York Stock Exchange
Glaxo
Bristol-Myers Squibb
Johnson & Johnson
Pfizer
SmithKline
Eli Lilly
NYSE
Albian
Lily
Alcatel
Alza
Ulgo
Masco
Acyan
At&t
Mitel Bova Byy
Ve BankAm
Mansan
Mylan
Va Boorly
Agra
Norwst
Ye Borden
Royid
Ye Dianey
E SchrPl
Ste Schimb
Ekodak
Exxon
FilMig
TimaWa
GenEl
Gilteta
WatgEl
Whitch
H Heinz
Zapa
Stocks and commodity quotes from Omaha and New York
The report lists Midland Elevator prices for wheat corn mile and soybean in Midland Lawrence, with Omaha and St Joseph livestock quotations for hogs cattle and sheep. It also covers New York stock market mixed trades with the Dow near 3600, volume 143.11 million, Nasdaq down, and bond yields easing as trade data and jobless claims influence sentiment.
MENTIONED IN THIS ARTICLE
Midland
Lawrence
Omaha
Neb
USDA
Community Bankers Assoc of Kansas convention underway
Registration for the Community Bankers Association of Kansas annual convention continues at the Lawrence Holidome. U S Sen Nancy Kassebaum will speak at lunch Friday. Sam Brownback, former Kansas Agriculture Secretary, will discuss rebuilding rural Kansas during Friday morning sessions. About 275 bankers are expected to attend, with James R Lauffer of IBAA giving a legislative update Friday.
MENTIONED IN THIS ARTICLE
Community Bankers Association of Kansas
Lawrence Holidome
U.S
Nancy Kassebaum
Sam Brownback
Kansas Agriculture
Kansas
CBAK
Independent Bankers Association of America
James R. Lauffer
IBAA
Firms aim to boost use of recycled paper
A coalition of Prudential, Johnson & Johnson, Time Warner, Nationsbank and Duke University with the Environmental Defense Fund aims to expand demand for recycled paper by year's end. The plan targets billions in secondhand pulp to cut landfill load and lift a weak market, following McDonald's 1990 packaging shift. Only about 6 percent of U S printing and writing paper comes from recycled sources.
MENTIONED IN THIS ARTICLE
Prudential Insurance
Johnson & Johnson
Time Warner’s
Environmental Defense Fund
McDonald’s Corp
McDonald's
McDonald’s
Nationsbank Corp
John Ruston
Prudential
United States
Jobless claims fall to lowest since February
The Labor Department reported 325,000 first time unemployment claims last week, down 6,000 from the prior week. The four week moving average also declined, defying economist expectations of a rise and marking the third straight weekly drop.
MENTIONED IN THIS ARTICLE
Labor Department
Washington
Downtown Tonganoxie office space for rent
Quality 2000 square foot space in downtown Tonganoxie opposite post office and police station. Suitable for office or retail with secured 10 by 14 foot walk in vault. All utilities taxes and insurance paid. Entire space papered and paneled. $1000 per month. Available now. 326 Delaware contact phone 913 831 1684.
MENTIONED IN THIS ARTICLE
Tonganoxie
National Guardian
Delaware
AT&T to Cut Operators as Computers Take Over
AT&T plans to close 40 offices in 26 states and cut 3,000 to 4,000 operator jobs from 17,000 as voice recognition and automation rise. About 900 cuts have occurred since March 1992, with further losses expected through early 1995, though many workers may be reabsorbed into other roles. Computers pave the way for national rollout next year as direct dialing and calling cards grow.
MENTIONED IN THIS ARTICLE
New York
At&T’s
American Telephone & Telegraph
At&t
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N.S. Times News Service
Dow Jones
Dodge
Mulliyear
Clinton
Ste
Allied Sig. T2y
Commerce Bancshares
Fleming Fmc
Financia
Hercules
Kmart
Kroger
Mercantile
Metropolitan Financial Nail Pizza
JC Penney
Quaker
Tonova
UtiliCorp
Wal-Mart
Western Resou
Williams, Ree
Woolworth
Courtney Edward D
Jones & Co
Omaha Livestock
St. Joseph Livestock
ST. Joseph, Mo
Wall Street
American Stock Exchange
Treasury
Commerce Department
Bankers’ Group Meets
N.Y. Times News Service
NEC
Norton
Procomm Plus
ATI Stereo
Mass
Towa
Surte K. Lawnenes
Puone
Tesa Certs
NetWare
Asta
Jamic Sol
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