When holding your own securities vs brokerage control
Investors increasingly do not possess certificates as most Treasuries and many bonds move to book entry or immobilized form. Firms rely on central depositories and instant settlement, with 50 to 70 percent immobilized. Fees apply for issuing names, while transfers and insurance remain factors in safety and liquidity.
MENTIONED IN THIS ARTICLE
Kidder, Peabody
Prudential Securities
Pru
Kidder
Prudential
Warbucks
General Electric
Prudential Insurance Co. of America
Pro Securities
Treasury
Jonathan Kallman
Securities and Exchange Commission
Merrill Lynch
Charles Schwab & Co
SEC
Stock Exchange
Durable goods orders rise 1.3 percent in June
U S factory orders for durable goods climbed 1.3 percent in June led by a rebound in automobile orders. Analysts had expected slower growth as higher interest rates curbed demand, while consumer confidence remained near four year highs amid steady moderate growth overall. The Commerce Department noted broad gains beyond autos.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Conference Board
Sonic backs away from Lawrence area towns
Sonic Industries Inc. will not open new Drive In locations in Baldwin, Eudora, or Lecompton, choosing to focus on smaller towns and existing markets. The Oklahoma City company plans backfill development in areas with current restaurants and an expansion push in the southeastern United States. Lawrence franchises at 3201 W Sixth and 1015 E 23rd did not comment.
MENTIONED IN THIS ARTICLE
Baldwin
Eudora
Lecompton
Oklahoma City
Nancy Robertson
Sonic Industries Inc
America
Robertson
Sonic
Southeastern
United States
Midwest
Lawrence
Vince Millard
Lawrence-area
UtiliCorp increases earnings for 1994 second quarter
UtiliCorp United reports improved earnings per share for the 1994 quarter with net income of $7.4 million versus $7.3 million a year earlier. Primary earnings per common share rose to 15 cents from 13 cents, while revenues and operating income were $311.6 million and $34.7 million compared with $329.4 million and $34.6 million in the prior-year period. The gain in EPS arose from reduced preferred stock payments after a May conversion.
MENTIONED IN THIS ARTICLE
UtiliCorp United
UtiliCorp
Kansas Public Service
Lawrence
Local Stocks and Market Update Notice
Local stocks brief indicates calling a line for quotes and a market wrapup to appear in Saturday Journal World. It lists a dial number 865-5000 and code 9100 for local stocks and 6730 for the market update.
MENTIONED IN THIS ARTICLE
Journal-World
Market Quotations From Midland and St Joseph Areas
Midland elevator quotes wheat 3.33 corn 2.15 milo 3.55 soybeans 5.64 per bushel. Omaha market sees hogs 1500 head with barrows and gilts 50-1.50 lower, cattle tests weak, feeder ranges show varied weights. St Joseph quotes cattle 1500, feeder steers 550-950 lb 78-89, feeder heifers 457-812 lb 72-86, hogs 1200 with barrows 230-310 lb 38-42, sows 30-33, dairy and other commodities mixed. Nonferrous metals and precious metals listed with spot prices in dollars per pound or troy ounce, including copper, aluminum, lead, zinc, tin, gold, silver, and platinum.
MENTIONED IN THIS ARTICLE
Dana, Neb
Usba
Omaha
U.S
St. Josep, Mo
Uspa
Handy & Harman
Comex
New York
N.Y
Slow Growth in Worker Pay Quiets Inflation Fears
The Labor Department reports the Employment Cost Index shows compensation rising 3.2 percent annually in Q2, the same as the prior year and the smallest gain on record. Wages and salaries up 3 percent. benefits up 3.8 percent. Meanwhile, a wave of class action suits in four cities, plus a new study, renew claims that Nasdaq price fixing occurred among major firms including Merrill Lynch Lehman Brothers and Alex Brown.
MENTIONED IN THIS ARTICLE
Labor Department
Wall Street
Merrill Lynch & Co
Lehman Brothers
Alex. Brown & Sons Inc
Federal judge approves $100 million Salomon settlement
A federal judge approved a $100 million settlement with Salomon Brothers Inc and related firms over claims it and two investment funds manipulated a 1991 Treasury bond auction. Salomon will pay $66 million, funded by Steinhardt Management Co. and Caxton Corp, with proceeds directed to other Treasury market participants affected by Salomon's alleged influence.
MENTIONED IN THIS ARTICLE
Salomon Brothers Inc
Treasury
Salomon
Steinhardt Management Co
Caxton Corp
Americans pay double for many drugs vs Europe study says
A new study finds Americans pay at least twice as much for 26 drugs as patients in Britain Italy France and Spain. British prices average about $202.20 versus $100 in the UK, $101.10 in Italy, $96 in France, and $89.20 in Spain, with no drug-by-drug details. The report follows recent congressional scrutiny of U S drug pricing.
MENTIONED IN THIS ARTICLE
Britain
Italy
France
Spain
U.S
EPA Power Expansion Aids Pollution Tech Development
The House approved a bill to expand the EPA’s role in promoting innovative pollution control technologies. The measure authorizes 70 million dollars for fiscal 1995 and 120 million dollars for 1996. It would involve cooperation with private industry, especially small and mid sized firms, and nonprofit groups to develop prevention and control methods. A similar Senate bill has passed.
MENTIONED IN THIS ARTICLE
Environmental Protection Agency
House
EPA
Senate
Also Mentioned on This Page
May
Urce
U.S. Dept. of Cor
Jane Bryant Quinn
WN Jones
NPC Intatl Ceeneee
AlliedSig
Applebee's
O'Reilly Auto
Payless Cash
Buckle Inc
JC Penney
Casey's
Pepsico
CommBancsh
Quaker
Fleming Detaine Dot
Sallie Mae
FMC
Santa Fe
Serrerenaseesennees
Wal-Mart
Western Res
Mercantile
Williams
Merck
Woolworth
Sen
Edward D. Jones & Co
Midland
Omaha Livestock
St. Joseph Livestock
Dodge City Livestock
Dancer Dry
Kansas
Nonferrous Metals
London
Commerce Bank of
Kansas City
N.A
Commerce Bank
Canada
Germany
Great Britain
Japan
Mexico
Switzerland
Douglas County Bank
Oneernets
Park & Rec
City Commission Agen Board
Douglas
Hoth Humane Society General
Board of Education
Sunflower State
Woodlands
StockQuote Hotline
Comedy Corner
Aquarius
Aries
Taurus
Gemini Cancer
Leo
Virgo
Libra
Scorpio
Sagittarius Capricorn Pisces
All My Children
Beverly Hills
Bold & Beautiful
General Hospital
Guiding Light
Santa Barbara
Young and Restless Trivial Arcade
Adventure Arcade Entertainment
Gosistor
Journal-Worlp
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