Panic and the Dow Drop on Oct 27 1997
The piece weighs causes of the 554 point Dow plunge on Monday Oct 27 1997, noting panic may have driven the selloff. It cites Southeast Asia currency volatility and Hong Kong markets, but argues the US market’s vast size and high-frequency trading by institutions amplified the move. It questions whether overvaluation or real fundamentals changed and points to NYSE circuit breakers and mutual fund liquidity concerns as fueling factors.
MENTIONED IN THIS ARTICLE
New York
Southeast Asia
Hong Kong
U.S
Japan
Wright Investors’ Service
Bridgeport, Conn
Ual
Tony Sagami
Prefutures
Austin, Tex
New York Stock Exchange
Lawrence Farmers Market closes for winter season
The Lawrence Farmers Market ends its selling season as vendors pack up for winter. Mushroom and pepper sellers reflect on a slower year with fewer customers and parking issues, while some plan for next season and better parking. The market reopens the second Saturday in May.
MENTIONED IN THIS ARTICLE
Bill Garrett
Lawrence
Lawrence Farmers Market
Alan Terry
Terry
Carol Thrasher
Mary Jo Mensie
Mensies
Bruce Mensie
Images hair salon to rise at Ninth and Louisiana
Construction begins this week on a 2100 square foot Images Hairstyling building at the southeast corner of Ninth and Louisiana, replacing the old Clark service station. Owner Rockie Browning hopes to move from 611 W Ninth in April, with planned staff growth and expanded services. The one story masonry design by Allen Belot, bearing a Frank Lloyd Wright influence, sits near Old West Lawrence, a National Register district, and required review by the Historic Resources Commission.
MENTIONED IN THIS ARTICLE
Images
Ninth and
Louisiana Streets
Old West Lawrence
Rockie Browning
Clark
Browning
W. Ninth
Addi
Historic Resources Commission
Allen Belot
Lawrence Man Wins 5000 Grocery Sweepstakes at Target
Lawrence resident George Frank casually entered the SuperTarget Great Grocery Give away Sweepstakes about two months ago and then discovered he had won. He will receive 5000 dollars in Target vouchers to buy food items.
MENTIONED IN THIS ARTICLE
Lawrence
George Frank
Frank
Farmers Co operative markets and Midwestern grain quotes
Friday market snapshot shows Wheat at 3.36 to 3.39, soybeans around 6.98 to 7.03, milo 3.95 to 4.00 and corn about 2.42 to 2.47 per bushel across elevators. Dodge City reports slow cattle trade with mixed beef and hog quotes and weekly totals near 93,300 head. Omaha quotes hogs mixed with lighter prices and steady to lower cattle activity. nonferrous metals and precious metals futures mixed in New York and London markets.
MENTIONED IN THIS ARTICLE
Farmers’ Co-operative Assn
South
Milo
Midland
North
Dodge City
St. Josef
Omaha Livestock Omaha
Nes
usDa
Omaha
U.S
New York
London
N.Y
Handy & Harman
Also Mentioned on This Page
Buena AE
Thrasher
Don Flory
Health Department
Bruce and
JE Watson
Watson
Jworld.com
Dave
Toplikar Journal-Worp
Frank Lloyd Wright
Dave Toplikar
Toplikar
Ijworld.com
Djiker
St. Joseph Livestock i
Renity
Kansas’ ‘City
Fan Park Sc Ree
Kaw Valley
Haskatl
Douglas County
Journal-World Headlines
AMEX
Aquarius
Aries
Taurus
Gemini
Seu
Virgo
Libra
Scorpio
Sagittarius
Capricorn, Pisces
Beverly Hills
General Hospital
Guiding Light
Santa Barbara
Young and Restless
Ljworld.com
Lawrence Area
Journal-World
The
National Cityline