Market rally lifts stocks on oil and gambling issues
The New York stock market advanced sharply after weeks of losses led by oil shares and casino stocks. Dow Jones industrial average gained 15.19 to 23.81, with Exxon, Mobil, Getty, and Atlantic Richfield among notable gainers. Gambling firms Bally, Caesars World, Del E Webb, and Resorts rose as trading volume remained modest.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Exxon
Mobil
Standard Is
California
Getty
Atlantic Richfield
Bally Manufacturing
Caesars World
del E. Webb
Resorts International Class A
American Stock Exchange
NYSE
Exchange
Standard & Poor
S&p
Delaware merger hearing delayed by notice error
An accurate but incomplete legal notice from Delaware delayed a public hearing on the Continental American Life Insurance Co and Crown Central Petroleum Corp merger. Insurance commissioner David Elliott blamed an assistant attorney general for the notice wording error, postponing the Monday session.
MENTIONED IN THIS ARTICLE
Wilmington. del
Rise and fall of giants reflect a growing economy
Louis Rukeyser surveys a study by Steven C. Leuthold showing that the largest U.S. firms rise and fall over decades. He notes Chrysler’s troubles echo historic patterns where today’s giants such as Monsanto Xerox Caterpillar and Sperry Rand may vanish, while energy and metals groups shift in prominence.
MENTIONED IN THIS ARTICLE
U.S
Midvale Steel
International Merchantile Marine
Monsanto
Xerox
Caterpillar
Sperry Rand
IBM
Steven C. Leuthold
Funds Inc
Chrysler
Leuthold
Washington
Central Leather
American Locomotive
Frederick's new BMW FIAT dealership opens with family ties
Frederick's newest auto dealer is run by two father and son teams, Precision BMW FIAT at Evergreen Point Maryland. The facility offers FIAT Strada from 4500 and BMW 633 CSI at 33000 with sedans coupes wagons and convertibles. Owners Robert W. Smith and Phillip W. Jones lead a seasoned staff including Rick Price as chief BMW tech. Grand opening set for Saturday with 7:30 a.m. to 9 p.m. hours. Leasing available, public repair section, and rapid parts sourcing within 48 hours. Ward Energy seminar at Frederick Towne Mall on Thursday hosted by Sharon Gandy 6:30 p.m. to 8:30 p.m. in Wendy Ward Room.
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Frederick
BMW
FIAT
Evergreed Point
MD. 85
MD. 355
Robert W. Smith
Phillip W. Jones
Smith
Rick Price
Jones
Morris Jones
William A. Smith
Control Data Corp
OPEC
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the News
Frederick, Md
Dow Jones Industrial
Pw Bt
Bait GE
BethStl
Chessie
Clorox
CocaCl
Exxco
Fairchild Ind
FatPa
Fintkt
Giant
Gt A&p
Gulf Oil
Harris
TBM
Kmart
Litton
Marriott Corp
MD Natl Cp
Bid Mobil
Detroit
Cargaier Corps
Sdemy
No 4
Wickes Lumber
Frederick County
Galen C. Clagett
Richard C. Grosenickle
Mary G. Williame
Adrian McC. Remaberg
Charles C. Smith
C. Kurt Holter
Louis Rukeyser
McNaught Synticate
Montgomery Ward
Watkins-Gardette Motor Co. Inc
Dodge Mirada
St Regis
Martre
Core & Trucks
Chrysler Corporation
Watkins-Burdette Motor Co. Inc
Rosemont Ave
Maryland
Saturdey Hl
Sie
Eohoi
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