Recession Talk Grows From Wall Street To White House
Economists warn the 1981 slowdown is under way with unemployment hovering near 8 percent by year end. The government reports a July retail sales rise, while Merrill Lynch and others forecast continued GNP decline into next quarter. Tax cuts may boost spending but could worsen inventories and job losses, offsetting any pickup before Christmas.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Reagan
Murray L. Weiden‘baum
Merrill Lynch
Stock Market Report Roundup From New York Exchange
Turbulent early trading lists Abbott and Chrysler among movers. The report captures price changes, notable jumps, and the day’s broad activity across sectors with numerous named companies and volumes reflected.
MENTIONED IN THIS ARTICLE
Nahon
New York BuriNo Stock Exchange
A& A
Abbott
Colanes Aliginti
Ada
Centur Alia Co
Alliea St
Allis Chim
Alcoa
Chase Aman
Amro
Chris Crit
Chrysler Am Airlines
Cin Gas Abrand
Cicorp Ammbac
Uss Clevee & Cyan
CioroxCe Aeipwr
Coastal & Hoist
Cocatot & Home
CocaBon & Hosp
Colgate Am Motors A. Pe
Cot Gas Amres Jas
Cmwes AmStars
Comsat
Armco
ASRCO
Ashindi
Bakerint Bream
Beckman & Beli
Beno Co
Beth Sti
Boeing
BoseCa
Borden
Borgwr
Branitt
Hard asset supporters feud with tax policy shakeup
AP Business Analyst describes Howard Ruff and fellow hard-asset advocates angry over a Congress tax move that trims hard-asset holdings from tax-deferred plans. Ruff denounces the change as a hit to gold, silver, stamps, coins, and land while Congress argues deductions should spur productive use.
MENTIONED IN THIS ARTICLE
New York
Congress
T Hey
Howard Ruff
Ruff
Reagan
James Shannon
Dmass
Mutual Savings Banks Association
Congress and
White House
Cd’s
American stock exchange prices shown by broad market lines
Nationwide stock prices from the American Stock Exchange show gains and losses across many common names. Major firms such as Texaco, PepsiCo, Coca Cola, and General Electric appear among active listings with varied price changes and closing values.
MENTIONED IN THIS ARTICLE
Kroger
Wu la Pac
Corp
Mies McLeanna
Mead
Merck
Balas Merri
Mar
Wats Monasco
Mingram
Apetrol
Cramp
Dome Petro
Hormel
Mitchell
Soietron Devte
Sounesin
Fim
Supherine
Teletien
PeLting
Pan Am Pannancle
Penney
PennPy PolEgy
PepsiCo Przer Preips
Prita
Elec
Pritip Mor
Pritipsin
PriiPer Patisoury
Pineva Polarow
PSERG
Pyrex
Puriatr
Quakro Ralston Raytha
RCACD
Repu
Revier
Reynics
Reynmt
Rone
RogerCo
Rovi
Santa Fe Nas
Seherng
Schimog
SCM Corp
ScotPaper
Seager Sears Shanlee
Sverrap
SignatCo
SingerCo
Smita
SonyCo
Solar E
SouthCo
Sperry Square
Glee
Pci Coro
Also Mentioned on This Page
Price Rowe
Stein Roe
Maine
Ewe
MSB Fa
Georg
Templeton Group
Incme
Amer Funds
SCNL
N. Vovag
Balan
Revere
Sateco Group
Cnagnl Tre
Orcian
Nan Unita
Wsinl Incor
Ncom Wen United Funds
St Paul Funds
Incom
Ncom Srnl
Nti
SEN Scianc
Neuberger
USAA
Mann
Nvest
Schus
Lev Gh
Newt G
Newt G Das We Setc Am Tinl Val Soc
Newtn R
Seic Spl
Vance Sanders NY Vent
Seligman
CapEx Fa Gun Nichlas Bsonl BriSly
OENL
Nest
Natinv
Svianl News
Nuveen
Uincen
Omega
Sentinel Group
Fig
Ween
Sequoia
Shearson Funds
BSSNL
Ing Tr
G2nl
Acorn
West Joonl
Penn
Sigma
Penn Sq
Cao Snr
Quaid
Pris &O
Phoenix Chase
Ventur
Bone
Trnl Pilgrim Group
NNL Ncom
Funds
State Bone Group
Weine Dnl
NeuvraNar
Chet Carrier
Weidenbaum
Merrill Lynch Market Letter
Edward Yardens
E.F. Hutton & Co
Yardeni
Texas
Odessa
Uel Fai
Bronsch
pRuey Va
Curtiscwr
Mans RW
Dankin
DanaCp
Darter
DayPut Deere&Co
Deltaar
Dennisn
Cis Diasam Digital
Diller Disney Wit
OrPepor
Mias & ullFa
Gala
éPa Dow Ch Downes Oravote Dresser
Duke P DuPont Ovanet Ya
iCindus Ieaho
PwrimorCo
Aon
Gannett
Ste Crmot
Gillette Asda Asuyitt
Garich
Aiton
Eskodak
Euceo Exxon Co
Faberge Fairchal Farah
Ferro Firstne
Neas Ware We Damreprinnitet Intneth
Mart
Tyr Tayrryrtoy
Jae
Business Mirror
John Cunniff
Han
American Exchange
Baie, Nabisco
Texaco
Texeco
TexGas
Texasguit
Tuten Textron
Warnla
Ae Weyrns
Aitham
NYSE
aAmer
Boston
Pacific
Phladelpmia
Ghanya
Sane
Peter
Cunningham Sel Service, Inc
Center For Alivancedd
Bankers
Lincoln
Pete
Y Management
Walters
Lysis
Renin
Spa Im di
Positwe Rein
toQae
Mota
Osmen
Ogy
Mair
Ely
Universal Mind Spa
Preston Towers
Dallas
Mrs
SyeStanatior
Tex
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