Market Down Sharply Hits Defense Stocks Hard
Market declined broadly on Monday with the Dow Jones Industrial Aver age down 20.62 to 2,632.04 after a 27.05 point gain last week. Declining issues outnumbered advances by more than 2 to 1 on the NYSE as 473 rose, 1,015 fell and 484 were unchanged, with total NYSE volume at 128.17 million shares on the day and 154.35 million nationwide. Aerospace stocks slumped following remarks by Richard Cheney, the secretary of defense.
MENTIONED IN THIS ARTICLE
New York
Richard Cheney
Defense
Wilshire Associates
NYSE
Standard & Poor
S&p
American Stock Exchange
Midwest meats and pork markets show uneven demand in Des Moines
Boxed beef, pork, and trimmings sales across 136 loads of boxed cuts and 564 loads of pork cuts indicate moderate to strong demand in a mixed market. Beef carcasses priced steady to firm. pork cut values mixed with higher loin prices but light movement amid higher asks and moderate supplies. Livestock daily slaughter totals include cattle 125,008, hogs 6,000, sheep 27,000.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
USDA
U.S
Robot Music Store debuts as automated CD retailer in Minneapolis
In Minneapolis AP reports Robot Manufacturing Center launches the world’s first fully automated CD store. A 140 square foot glass enclosure houses a 400 pound robotic arm that selects, delivers, and handles payment while customers listen via earphones. Initial tests show mixed reactions and a minor arm delay. CDs cost 6 to 16 dollars and samples can be heard before purchase.
MENTIONED IN THIS ARTICLE
Minneapolis
Robot
Dave Carroll
Bob Cablander
Robot Manufacturing Center Inc
Red Wing
Carroll
Cahlander
Heather Jenkel
Ms. Jenkel
Frese
Don Fraser
Robot Music Store
Soviet union imposes price controls and export bans
Moscow reports the national legislature moved to curb inflation with emergency economic measures. Tass notes the Supreme Soviet approved limits on price hikes for essentials including clothes and shoes, and quotas on exports of fish products, fur and electric appliances to keep scarce goods at home. The plan goes to the Congress of People's Deputies for final consideration starting December 12.
MENTIONED IN THIS ARTICLE
Moscow
Tass
Supreme Soviet
Also Mentioned on This Page
IBM
Nyse Velmene
NEW York Gold
Pwr
H Leyels Corp
Marriot
Bakge
Mercantile
Bell Aul
Moore Corp
Black Dr
CSX
Midwest Car Lot
Chicago
Chicago Board of Trade
K. Baum
A.T.C
Celmvar Rene
Automotive Telecomam Arua
Cellular
Soviets
Congress of People's Deputies
Woodshors Savings Bank
Woodsboro
FDIC
Frederick County National Bank
182 Day
Market St
Opossumtown
West Patrick St
Rosemont Ave
Buckeystown
East Patrick St
Middletown
Olde Towne
Sewelers
Brenda & Wayne Starkey
Walkers Village Center
Tees-Wed
Walkersville
Chevy Chaser
Frederick Branch
West
Patrick Street
Frederick
Maryland
Siena
Tok Aio
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!