Week's Market Heat Highs Third Week In A Row
A broad roundup notes stocks bonds and commodities hitting new highs for a third straight week. Grain futures gain on wheat corn and soy amid U S and global demand signals while livestock prices rise with cattle hogs and sheep showing firmer tones.
Record Growth Surges Past Peacetime Expansions
Economists note the current expansion surpassed peacetime averages this century by May and could exceed Civil War and World War periods if it lasts through spring. Government spending, rising profits, and consumer demand boost prospects, with analysts predicting a peak before mid next year.
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Woman shoots pistol after scare in home incident
Elaine Hayes telephoned police then reentered a bathroom with a pistol and fired as Officer Howard Towns approached. Towns was struck in the leg and the suspect fled, leaving no arrest. In a separate note, Mrs Edward Kennedy attended a reception honoring US Ambassador Charles Bohlen in Rordeaon France.
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Charles Bohlen
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