Wall Street bears loom as 1994 forecasts warn of risk
Market analysts warn the long bull run may be ending as Valuations look high and confidence runs high. Evidence from Legg Mason First Albany Merrill Lynch and Oppenheimer cites growing downside risk and signs of speculation. Despite this the economy strengthens and a 1994 recovery appears possible, tempering fears of a bear market.
MENTIONED IN THIS ARTICLE
Wall Street
Raymond F. DeVoe Jr
Legg Mason Wood Walker Inc
Hugh Johnson
First Albany Corp
Albany
N.Y
U.S
Europe
Michael Metz
Oppenheimer & Co
Johnson
Hong Kong
Turkey
Brazil
Philippines
Thailand
Indonesia
Richard McCabe
Merrill ‘Lynch
Federal Reserve
Norman Fosback
Market Logic
Fort Lauderdale
Fla
Fosback
Local Stocks and Market Update Teased for Saturday Journal
Local stocks and market updates are teased with a dial in number 865-5000 and a prompt to watch for the complete market wrapup in Saturday's Journal-World MONEY magazine, highlighting forthcoming financial coverage.
MENTIONED IN THIS ARTICLE
Journal-World
Midland Elevator Quotes Wheat to Soybeans Prices Today
As of this morning in Midland Elevator Lawrence the values stood at Wheat 3.79, corn 2.85, milo 4.68, and soybeans 6.71 dollars per bushel. Omaha livestock market quotations list hogs, cattle, and sheep with detailed tag numbers and weights.
MENTIONED IN THIS ARTICLE
Midland Elevator
Lawrence
Omaha Livestock
Dana, Neb
USDA
Omaha
U.S
St. Joseph
Joserh, Mo
S&Ls Post Profitable Third Quarter Even With Writeoff
Washington AP reports the savings and loan industry earned 763 million in the third quarter, down from 1.26 billion the prior quarter due to a 500 million goodwill writeoff at two Northeast institutions. Acting OTS director Fiechter calls the results healthy despite the one-time charge as thifts benefit from the fund cost yield spread but show a narrower spread from Q2.
MENTIONED IN THIS ARTICLE
Washington
Jonathan L. Fiechter
Office of Thrift Supervision
Northeast
Change in deposit insurance limits for retirement accounts
Bankers expect little consumer impact as FDIC coverage for retirement accounts shifts to 100000 per person at a single institution. Currently four account types receive 100000 each, but new rules consolidate coverage. John Elmore of Merchants Bank of Lawrence notes most customers won’t be affected. CD maturities after Dec 19 will follow the new limits.
MENTIONED IN THIS ARTICLE
Federal Deposit Insurance Corp
John Elmore
Mercantile Bank of
Lawrence
Elmore
FDIC
Trusty Gift Wrap Indicator predicts fourth quarter sales rise
The Appert Gift Wrap Indicator expects nondurable goods sales to grow 4.9 percent in Q4, slower than last year but stronger than last week. Peter P. Appert of Alex Brown & Sons notes eight years of accuracy, linking wrapping paper sales to purchases like sweaters and belts. He says durable goods like cars escape the measure.
MENTIONED IN THIS ARTICLE
Peter P. Appert
Alex. Brown & Sons
Appert
Also Mentioned on This Page
Dow Jones
Sith
Applebe Block
Buckles
Dayton- Fleming
FMC
Goodyea Hercules
Kroger
Lone Star May
Mercani Merck
Met
Fin
Nail Pizza
the Money Small Investor Index
Cds Money
Bank Rate Monitor
The
Federal Reserve, Investment Company Institute
Lehman Bros
Lipper Analytical Services
Merrill Lynch
Money Fund Report
Morgan Stanley Capital International
National Association of Real Estate Investment Trusts
Prudential Asset Management
Standard & Poor's
Robert Stanger & Co
World Gold Council
Money Magazine
Chage High
Sachet O'Reilly Auto
JC Penney
Pepsico
Quaker
Sallie Mae
Unc
Santa Fe
Seafield
Sealright
Sears Sepripat Halkee
Wee
Sthwest Bell
TRW
Yey
Trinova
NYSE
ASE
OTC
Equity
Uren Stn eEp
EAD
Eas
Commodities
Commerce Bank of
Kansas City
N.A
Commerce Bank
Canada
France
Germany
Great Britain
Italy
Japan
Mexico
Switzerland
S&ls
Trusty Index
Superba
Bactronic
KitchenAid
Slying
Iowa
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!