Stocks Mixed In Moderate Trade On Mixed Signals
New York stocks opened mixed as profit taking followed last week’s gains. The Dow fell briefly while the NYSE composite edged up. trading showed volume at the Big Board with several movers announcing earnings and price changes.
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NEW York
Dan Jones
New York Stock Exchange
Labor Department
Kerex
Anu
Houston Oil & Minerals
American Stock Exchange
NYSE
Tulex
Suburb Costs Compared With City Redevelopment
Los Angeles report quotes HUD official Carla Hills urging renewal of worn inner neighborhoods rather than building distant suburbs. She backs rental subsidies to aid low and moderate income families, noting high urban costs and the need for landlord cooperation. Hills argues against subsidies for home ownership and calls for targeted housing programs to bridge income gaps while preserving urban industry and services.
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Los Angeles
Secretary of Housing and Urban Development
HUD
Carla Bills
Women Lawyers Convention
Lsidlords
M. Hills
Imay
Shetty
Yau
Savings associations report slowing input in August
New money flowed into savings and loan associations at a slower August pace in the United States. The U S League of Savings Associations said mortgage lending rose to 8.7 billion dollars, the heaviest August period in industry history, with much activity in single family housing. Net inflow was 1.2 billion, down from 3.1 billion in June and July, but above 1.1 billion a year earlier.
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New
Bayer
League
Fire damages jetliner model at Orly display
A fire at Orly Airport outside Paris severely damaged the interior of the full sized Franco British Concorde model on display. Wiremen attribute the blaze to a short circuit. The exhibit, valued at about $700, reportedly attracted nearly a million visitors since its five year display run.
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Paris
Orly
Fire Destroys Pier 37 and Nearby Structures in San Francisco
A major blaze on Pier 37 and adjacent buildings on Telegraph Hill sent heat felt blocks away. About 44 fire engines battled flames that gutted the pier and damaged the Crow's Nest restaurant and the Warehouse, leaving only a 1600 by 200 foot bed of pilings. Local residents including Nancy Katz reported the intense heat and visibility from four blocks away.
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San Francisco
Laniey
Nancy Katz
Telegraph Hill
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