Market slips after Tuesday rally fades amid takeover talk
The New York stock market declined Wednesday, erasing most of Tuesday’s gains as takeover rumors around Cities Service and Conoco sparked activity. Dow fell 7.33 to 999.33, NYSE volume 46.65 million, bonds dropped, and broader indexes slipped across the board with limited notable gains.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
New York Stock Exchange
Cities Service
Conoco
NYSE
Exchange
Standard & Poor
S&p
Edward Ball dies at 93 after building vast Florida fortune
Edward Ball, 93, financier of the duPont estate and executor who grew a $2 billion fortune spanning railroading banking and papermaking, died in New Orleans after abdominal aneurysm complications. He guided the Nemours Trust, helped Florida East Coast Railway survive a 1962 strike, and was a key player in the Pork Chop Gang era politics. His death ends a storied business career rooted in duPont wealth and Florida's industrial rise.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
Edward Ball
Alfred J. duPont
Ball
Ochsner Foundation
New Orleans
Thomas Gore
duPont
Delaware
Wall Street
Nemours Foundation
Florida East Coast Railway
Penny Shortage Hits Delaware Banks Across New Castle County
In Wilmington and New Castle County the penny shortage grows, with Farmers Bank offering a 5-cent bonus per dollar in pennies for six months until coins stopped arriving six weeks ago. Wilmington Trust replicates the bonus through July seeking $2,500 weekly pennies while Fed supplies dwindle, receipts issued for counted coins. A Baltimore bank had helped fill the gap but that flow has dried up, as industry strains ripple through local merchants.
MENTIONED IN THIS ARTICLE
Wilmington, del
New Castle County
Farmers Bank
Richard W. Burke
Farmers
Wilmington Trust Co
A. Samuel Gray
Wilmington Trust
Federal Reserve
Baltimore
Business update in The News Frederick on June 25
The Frederick newspaper reports on market moves and corporate activity with focus on local business firms, investment trends, and economic indicators. Key entities likely include regional companies, financial markets, and local economic data relevant to readers.
Also Mentioned on This Page
Florida
the News
Frederick
Clorox
CSX Corp
CocaCl
Comsat
Exxonwy
Fairchild Ind Ad
MD Bue
Gulf Oil
Harris
Kmart
Litton
Marriott Corp
MD Natl Cp
Mercantile Bokshi
Mobil
Noa Phil
Penney
Plantra
Potom el
Sears Safewy
Standex
Subr Rep
Tandy
Texaco
My Usfg
Warner L
Wash Gs
Whittaka
Woolworth
Baker Watts & Co
Drayne
Edward J. Huebner
Equity P
Vasac
Nyosur
Alasaass
Ancre
SuDo Ra
Ace Wato
Buchanan & Copay
ANDI
Bobbie Brooks
Roxanne
Sassafras Sandcastle
Robby-Len Rose Marie Reid
Harbour
Leach
Everly
Robby-Len
Eyerlys
Eyerly's
Ug 59
Fredericktown Bank & Trust Company
Jon Market Street
Patrick Steel
Prospect Plaza
Amber Meadows
Glade Towne
Walkersville
Afhilete Mercantile Bank
Maember F.d.1.c
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