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.
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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.
MENTIONED IN THIS ARTICLE
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.
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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.
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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.
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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.
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Fitzsimmons
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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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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UPI
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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.
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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.
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Idaho Falls
Idaho
UPI
Bureau of Reclamation
Don Fillis
Teton
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