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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Dec 27, 1969

Page

7

Stock Exchange Activity Week Summary in New York

New York stock exchange activity for the week shows limited trading in selected issues. Market participants awaited economic data as investors weighed corporate results and policy signals amid uneven price movements and cautious trading.

NEW York New York Stock Pierenge

Weekly Fund Prices and Net Changes

New York report from AP lists weekly high and low bid prices for mutual funds with the week’s net change from last week’s bid. Quoted prices come from the National Association of Securities Dealers and reflect prices at which securities could have been sold.

New York National Association of Securities Dealers, Inc

Economic forecasts signal slower 1970 growth and steady auto demand

The year end survey roundup shows inflation hurts households with lower incomes more, Morgan Guaranty warns of consumer apathy risking a 1970 recession, and Roy Chapin predicts slower overall growth but strong auto sales near 9.5 million. Bethlehem Steel foresees slight steel demand decline while 1970 capital spending rises 9.7 percent to 78.13 billion. The report also notes tax reform progress and a Fed restraint stance, and confirms a McDonnell Douglas 1.15 billion F415 contract for research and production.

University of Michigan Harvey Research Center Morgen Guarantry Trust Co Morgan Guaranty Roy Chapin Jr American Motors Chapin Edmund F. Martin Bethlehem Steel Corp Martin Congress Nixon Fed Paul W. McCracken Council of Economic Advisers McCracken Washington Air Force McDonnell Douglas Corp

Egg and butter prices steady in Kansas City market

Kansas City AP reports wholesale eggs unchanged with large at 57 to 62 cents per dozen, medium 55 to 60 cents. Butter prices hold at Grade A Ib, solid 85, and Grade A quarters at 86.

Kansas City

Wall Street Gains on Light Volume Holiday Rally

The stock market extended its gains Friday despite the lightest trading in over four months as 6.76 million shares traded. The Dow rose to 797.65, up 3.50, with the AP 60-stock average at 270.7 and widespread advances outpacing declines two to one amid a holiday week and snowstorm.

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Also Mentioned on This Page

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