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Redlands Daily Facts in Redlands, California

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Redlands Daily Facts

Location

Redlands, California, United States of America

Date

Jun 29, 1976

Page

4

Dow tops 1000 as indicators rise lifting market mood

Prices rallied on New York exchanges as the Dow Jones industrial average moved beyond the 1000 level in moderate trading. The Commerce Department reported the leading economic indicators index rose 1.4 percent in May, the strongest gain since 1975, boosting optimism for the economy in the third quarter. Kaufman & Broad posted a second quarter profit of 2.3 million versus a prior year loss of 733 thousand, while Leslie Fay MGIC Investment and Wurlitzer advanced for most of the session. Nationwide composite prices for NYSE-listed stocks followed.

NEW York UPI New York Stock Exchange Commerce Department Kaufman & Broad Leslie Fay Mgic Investment Wurlitzer

Dow Jones closes higher as industrials gain

The Dow Jones Industrial Average ends at 1000.65 up 3.27 amid mixed sector moves. Key executives like Abbott and Alcoa show notable quotes and price shifts as the market digests earnings and industry news.

Ind Jp.m Netwig Pet Cig

15 Most Active NYSE Stocks by United Press In Tuesday

United Press International lists the 15 most active NYSE composite stocks by last sale price and volume, with figures for the prior day and percentages. Readouts include company names such as Rohm and Haas, Sears, Texaco, Textron, and Westinghouse, among others, with varied percentage changes and volumes across nine markets.

NYSE United Press International Deace Robshaw Va Rochg We Rockwilln Va Rohmh Sander Asso ShellOll Va Sierrapac Signaic Ve Singer Co Smithkilne SouthCo Sonres SoPacif Zee So Rall Sp Rand Sterlorg StewWn Studew Sun Cal Sunshine Sup Oll Tandy Corp Taledyne Teneco Texaco Texetr Tex Textron Thriftyd Timlin Traneco Transam TranUn Tri Va Twcfox UN Elect Vo Unocal UtdCon US Indus US Steel Tobacclli UtdTec UniTel Upjohn Utah Vo Varian Vendo Co Vetcoo VictrCompt Wsinarl WsBanc Wunlon Vv Westhal Westvco MD Bet Weyrhas Sit Ve Whittake Cp Sia Ve Wickes Williamsc Zale Corp Zayre Corp Zenith Rad Zurn Ind

American Stocks Listing Snapshot and Stocks Data

New York based stock list shows tickers with percentage changes and prices for many corporations. The dense table includes companies across industries such as Ogden, Pfizer, Pepsico, Penn Central, PacGas, RCA, Reading, and West Virginia utilities, reflecting varied performance and volumes.

NL Indust Ogden Ohio Pet&t Pennpl Pepsico Pfizer Phelp D PhilaEt Philip Mor Phillips Ind PhilPet PurexCo Purlatt RepidAmer RCA Corp aReading Co. V Reviow A Kaiserin Kirby Lee Ent Lee NatiCp LoewsThwt Ikoa Incor

Private industry shifts pace in energy research says INFORM

A $70,000 INFORM study concludes private industry is not the energy pioneer and that government action largely shapes the move toward alternate energy. It cites 142 firms in 207 projects, with many needing federal support, deregulation, and market guarantees to proceed.

New York UPI Energy Research Organization Inform Joanna Underwood Federal Energy Research and Development Administration Stewart Herman Herman

IRS revokes Teamsters pension fund tax exemption

The IRS revoked the tax free status of the Teamsters central states pension fund, possibly charging millions in back taxes. The fund, valued at 1.4 billion, faced scrutiny over alleged mismanagement, large loans to friends, casino investments, and unaccounted money. Senate hearings and investigations by justice and labor follow this action.

Los Angeles UPI Internal Revenue Service Teamsters Union Central States Pension Fund Los Angeles Times the Times IRS Washington Union Teamster Frank Fitzsimmons Nevada Senate Labor Committee Fitzsimmons Las Vegas Departments of Justice and Labor Department of Labor Pacific Coast

Predicting and removing wisdom teeth in children ages seven to nine

Researchers describe enucleation of third molars in children, aided by computer analysis predicting space availability. The technique, revived by Dr Robert M Ricketts and supported by Rocky Mountain Data System, claims about 90 percent accuracy with minimal error. Proponents say early removal reduces future pain and complex surgery, while critics worry about losing potentially useful teeth and conservative dental norms.

Los Angeles UPI C. Bowdler Henry Royal Dental Hospital of London Robert M. Ricketts Pacific Palisades Calif United States Rocky Mountain Robert J. Schulhof Seymour Carr UCLA Carr

Leading indicators rise 1.4 percent in May

The Commerce Department reports the leading indicators index up 1.4 percent in May to 109.2, the strongest one month gain since July 1974, with six rising sectors and three falling. It signals future industrial output and employment trends within the next three to four months.

Washington UPI Commerce Department Department

Alaskan oil conduit still on schedule

Seattle report says Alyeska Pipeline Service Co. will complete the 800 mile oil conduit by year end. President E L Patton said the line is and will be tested and inspected continuously after construction to prevent delays and corrections are being made as new sections are built.

Seattle APS Alaska Alyeska Pipeline Service Co Alyeska E. L Patton

Hughes Aircraft Taiwan buys costly air defense system

Hughes Aircraft secures a multimillion dollar air defense system for Nationalist China in Taiwan. The $34 million sale, financed by a mix of U S foreign military credits and Chinese resources, is described as defensive with no shift in policy toward Taiwan or Peking. The deal, signed in secret after State and Defense Department discussions, may involve MAAG actions and parallels a Japanese system. Hughes also eyes a similar sale to South Korea.

Taipei Taiwan UPI China United States Washington Hughes Aircraft Corp U.S Department of State and Defense State Department Hughes Peking U.S. Military Assistance Advisory Group MAAG Japan Seoul South Korea

Firefighter caps gas well inferno after a month in Michigan

Red Adair and Wild Well Control crews capped a 6500-foot gas well in Au Sable State Forest ending a 30 day blaze that consumed about 7000 dollars of gas daily. No injuries were reported as operators shut the well and silenced the flames at 3 50 p.m. Officials estimated a 90 percent chance of reopening the well for Vance Orr Jr of Michigan Oil Co with months of work ahead.

Gaylord Mich UPI Red Adair Texas Adair Wild Well Control Co Jane Eldred Vance Orr Jr Michigan Oil Co Alma North American Drilling Co Orr Au Sable State Forest Michigan John Wayne

Idaho farm lands nearly back to normal

In Idaho Falls 90 percent of 400000 acres in flood areas are back under irrigation. A Bureau of Reclamation official said crop damage from irrigation losses during the Teton flood has been kept to a minimum, according to emergency coordinator Don Fillis.

Idaho Falls Idaho UPI Bureau of Reclamation Don Fillis Teton

Also Mentioned on This Page

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