1971 Begins With Economic Hopes and Inflation Warnings
New York reports the first full week of 1971 brings easing interest rates and a presidential pledge of improvements. 1970 saw 9 percent price inflation and 5.4 percent cost of living rise, with 2 million more unemployed and 4.9 percent annual unemployment. Nixon predicts a good 1971 and a very good 1972, advocating activist policy to curb inflation while expanding jobs. He favors deficits and monetary expansion, rejects wage and price controls, and notes 4 percent unemployment as a potential target by 1972, with wage gains around 7 percent and price rises near 4 percent.
MENTIONED IN THIS ARTICLE
Mead Corp
Om Deere Co
Memorex Cp
UN PacCp
Dillon Co
Va Union Pacif
Disney
Rarico Inc
DiversInd
MobilOil
Raytheon
Uniryal
RCA
Howmet
Monsant
Reading Co
Va Montdut
Va Dressind
Va Mont Pw
Reich Ch
Duke Pw
MorNor
Va Republic
duPont Se
Motorola
Reviow
IdshoPw
ReynMet
Dynam Am Ti Cent
US Steel
Va Impricp
Va Rohr Cp
Univo Pd
INA Cp
N— Royc Cola
MU Univer
Inger Rand
Va Roy Dutch
Va Ryder Sy
East Air Lin
OS Echlin Mf
el Paso NG
SaInt Pap
Nat Genl
Joe Min
Safeway
Ia Va Eipw
EltraCp
T&t
Ethyl Cp
Itek Corp
Sanders Asso
Wachova
WarLam
Schenley
Va Schering S
Air Lin
Jewel Co
Newberry
WM Scm Corp
Va Fairch Cam
Wn Banc
Va Fair Hill Ie
John John
Newmat
Scott Paper
Va Wr Union
Fansteel Inc
Jon Logn
Niag MP
Jon Logan
Amanda Norfolk
Weyerhs
Jones Lau
Norris
Sears
Shell
Firesine
NoStaPw
V2 Signal Co
Northrop
SingerCo
Ve Soucale
FMC Cp
South Co
Xerox Cp
Ve Food Fair
Zale Corp
ForMcKs
KayserRo
Associated Press
FreeptSul
Kraftco
Squibb
Kresge SS
Oklangs
St Brands
GAC Cp
Kroger
Va Olin Corp
Std Kollsman
GAF
Gannett
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NEW York (Ap
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LearSieg
Owen Fll
Stauf
Gen Mills
Lehmal Ind
National Association of Securities
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Pacge
SunOll 1B
Ling Tem Vt
Swift Co
Newton Fund
GaPacif
Lifton Ind
Va PacPwLl
Aberdeen Fund
Indust Fund
Nicholas Strong
Gerber
Lockheed Air
Va Pac T&t
Ta W
Actiralty Funds
Noreast
Va Loew Thea
PanAm
Oceanogphe
Gillette
Gettyo
Virginia
Omega Fund
Lonesga
Glen Alden
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Teledyne
Jones O'Neill Fund
Grace
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Telex Cp
First Nat Fund
Oppenheim Fd
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All Amer Fund
Fletcher Fund
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Pepsico
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Florida
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Pfizer
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Paul Revere
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Penn Square
Macke Co
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Phil Morr
Textron
Com- Am Equity
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Wisconsin Fund
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New York
Nixon
Dow Jones Averages Weekly Range Report
The report shows weekly closing ranges for Dow Jones indices including Industrials, Utilities, and Bonds. Highlights include last values near 837 for Industrials, 122.48 for Utilities, and 69.32 for Bonds with notable net changes.
MENTIONED IN THIS ARTICLE
Dow Jones
Local Market Prices For Grains Reported Channels
Market notes list wheat at 1.40 and corn at 1.41 per bushel milo at 1.99 beans at 2.73 and oats at .88 per unit. Prices reflect current trading for farmers and buyers in the region.
KC Eggs and Butter Prices From AP Report
Kansas City wholesale eggs show large grade A 33 to 40 cents per dozen with 80 percent contents. medium eggs grade A 29 to 37 cents. Butter remains unchanged with grade A 1 pound solid at 85 cents and grade A quarters at 86 cents.
MENTIONED IN THIS ARTICLE
New York
Cerro
Richald
Atlas Chem
Cessna Air
Atlas Corp
CFI
Avco Corp
Ches Ohio
Avnet Inc
Chimil Spp
Chris Craft
Akzna Ja
Coca Col
Alean Alu
Beckman
Colg Pal
Va Alleg Co
Beech Air
Collins
Hess
Boeing Co
Airlin
Borden
Cont Corp
Acyaind
Ik Bucy Er
Ameipw
Budd Co
Bulova
Va Cooperin
Bunkr Ramo
Mticix
Burland
Cowles
BurtNor
Cox
Burrghs
Crown Cork
T&t
CrowCell
At&t
Va Cudahy
al Finanl
AMP. Inc
Ampex Corp
Carp
cartWal
Dan River
Castle Ck
Va Dart Ind
Arch Danl
CaterTr
Kansas City
Also Mentioned on This Page
By Linda Rubey
AP Business Writer
Federal Reserve Board
American Tock
Husky Oil
ITI Corp
Kaiser
Lee
AO Indust
McCrory
Ark Best
Arklgas
MidwsFin
Newldria
Atlas Cpwt
NewPark
Va Barnes Eng
Ormand Ind
Statham Ins
Cinerama
Wa Nuclear
Data Control
Dillard
Dixilyn Corp
Felmont
Frontier Air
Gt Basin Pet
Telex Corp
Sperry
Tel
City Invest
Natomas
UAL Inc
Gulf Oil
Pan Am
Nwst
Suburba Co
West 9Th and
Avalon RD
Associated Realty CO
Inc Ralis
K. C
F.d.sc
N.Y
Leo Smith
New York Stock Exchange
Lawrence
Kansas
The
American Stock Exchange
Midwest Stock Exchange
H.o.peet
Lawrence National Bank
Lawrence, Kansas