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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Dec 01, 1986
Page
18
A sprawling composite price table from UPI lists stocks like Gulf, Texaco, Texaco, Amoco, IBM and many others with fractional gains and losses. It notes last trade data, price changes, and market-wide indicators across eight markets, highlighting notable movers and percentages.
Nationwide composite prices for selected American Stock Exchange stocks are presented for Monday December 1 1986. The list includes firms such as Petrotina, Gulf Cada, Hormel, Husky Oil, Galaxy oil, Starrett, Superin, Teletrex, Tubos de Ac, Uno Resources, and many others with their last traded prices and percentage changes.
The U S dollar weakened against most major currencies in early European trade amid political furor over White House arms deals with Iran. Gold rose nearly 10 dollars to around 400 an ounce in Zurich, as bullion dealers cited the softer dollar and uncertainty. In London markets the dollar also slipped versus the yen and several European currencies, while it firmed against the British pound to about 1.4335 dollars per pound.
Analysts say Texas savings and loan industry is at its worst since the energy downturn. Near half of S&Ls show weak net worth and nearly 70 percent saw declines in the second quarter. Foreclosures on commercial and residential real estate fueled a 1986 second quarter loss of 675.3 million after a 101.7 million first quarter, with 44 percent of state thrifts posting losses. Regulator Roy Green and industry observers cite real estate as the primary cause, noting loans tied to commercial property and aging residential loans turning sour.
Steam for chlorine and caustic soda manufacture. The filter elements are checked regularly and replaced, if needed, to prevent dirt build-up that reduces turbine efficiency.
Automotive industry ad outlays grew 18 percent in the first half of this year to 969 million dollars, per the Television Bureau of Advertising. Ford led with 127 million dollars, up 18 percent, GM 117 million up 12 percent, and Chrysler 57.3 million down 16 percent.
Wildcats Grace Oil Corp of Houston Delray Oil Inc of San Antonio Blair Royalties of Orla Inc of Midland Terra Resources Inc of Wichita Falls file multiple oil and gas lease positions with distances from lines and section details in San Angelo Talpa Orla Guthrie areas listing lot numbers sections and surveys 10 to 18 miles distant.
Boston report notes nearly 10 000 teenagers die yearly in auto crashes. Experts warn late night cruising raises risk and urge curfews to reduce teen driving during high fatal crash periods. Liberty Mutual brochure advises curfews to curb drunk driving risk among youth.
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