Inflation and impeachment fears hit market again
New York AP reports inflation and impeachment worries marked the third sharp market setback in a row. The Dow fell 13.69 to 770.89, NYSE volume rose, ESB edged higher, and gold issues gained amid inflation fears.
MENTIONED IN THIS ARTICLE
New York
Hal Marlow
Hornblower & Weeks
Hlemphill-Noyes
Nixon
House Judiciary Committee
New York Stock Exchange
Hig
NYSE
Ican Stock Exchange
ESB
Suport
International Nickel
Iatila
Inco
United Aircraft
United
Toco
Fish price drop looms as five year high costs ease
Gloucester Massachusetts AP report says wholesale fish prices have fallen about 18 percent in four months and retail prices should drop for the first time in years. Analysts note higher frozen stockpiles and imports, with good seafood bargains expected in coming weeks.
MENTIONED IN THIS ARTICLE
Gloucester
Mass
Hank McAvoy
National Marine Fisheries Service
United States
McAvoy
White Gulf
Yezrish
IBM agrees to 13 million settlement with AMPEX over patents
AMPEX Corp will receive 13 million in a settlement with IBM to drop claims of patent infringement and antitrust violations. The deal includes exchange of existing and future licenses covering data processing interests, and aims to avoid long litigation with Memorex and Telex also involved in related suits.
MENTIONED IN THIS ARTICLE
Redwood City
Ampex Corp
IBM Corp
Ampex Board of Directors
AMPEX
IBM
TAM
Ready
Memorex
Telex
Arthur Hausman
Thonth
Frank T. Cary
Hey
Ment
Savings volume drops sharply in S&L units
Washington AP reports federally insured savings and loan associations saw a steep June decline in savings, reducing home loan volumes. Deposits dipped while withdrawals remained high, marking the worst savings experience since 1959 and signaling tighter lending amid a 1 percent monthly drop in June and May.
MENTIONED IN THIS ARTICLE
S&l
Washington
Federal Home Loan Bank Board
Sune
Also Mentioned on This Page
Thas
Grates
Manana Esroit
Lee Livinistius
Yale
Maine
York
Ian
Mocrine Fisheries
Eexi Fom
Tinehaddsek
Pollok
Snilion
Kevin Allen
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