Mixed closes mark slow trading session on Wall Street
The market posted a mixed finish as gains in retail mining and oil shares contrasted with declines in computers chemicals airlines and drugs. The Dow rose 0.78 to 1317.76 while NYSE volume reached 86.1 million shares. Big Board leaders included Exxon Mobil Atlantic Richfield and Revlon amid a cautious mood and several government reports failing to move markets.
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Firm adds Duke City to service
NewVector Communications opened its Albuquerque cellular system, its eighth, with a ceremony featuring Rep Manuel L. Jan. REN M., Albuquerque's first official cellular call. The system covers 1,150 square miles from Santa Ana Pueblo to south of Belen, with sites at Lamas Blvd and Sandia Crest and construction costs around 1.4 million dollars.
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Cattle and hog futures mix on Chicago Mercantile Exchange
On Thursday trading opened with cattle and hog futures showing varied moves as bids and selling pressure emerged. Traders watched settlements, noting high low and closing levels near prior sessions amid in market volatility.
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Chicago Mercantile Exchange
Wal Mart reports July sales up 35 percent to 640 million
Bentonville Arkansas Wal Mart Stores Inc says July net retail sales reached 640 million up from 475 million a year earlier a 35 percent rise. For the six months to July 31 sales climbed 31 percent to 3.59 billion from 2.743 billion year ago.
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Wal Mart Stores Inc
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New York and Pacific Stock Exchanges
Pair makes large purchase of AmeriWest stock
Two investors file with the SEC about large buys of AmeriWest Financial Corp. Jim R Cruce of Latvia Kansas bought 93,200 shares for 2.4 million to add to 110,000. He plans to vote his shares personally and says the stock is a good investment. Thomas D Dunn Jr another Peoples official bought 143,500 shares, already holding 84,000.
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Federal Securities and Exchange Commission
AmeriWest Financial Corporation
Jim R. Cruce
Latvia
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Peoples Federal Bancshares Inc
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Salina
Thomas D. Dunn Jr
Peoples
ASARCO El Paso to suspend lead smelting operations
ASARCO Inc. will lay off at least 250 workers at the 98 year old El Paso plant as it suspends lead smelting at month end. Armand L. Labbe said the halt is due to a lack of feed material driven by low copper prices and will last an indefinite period while copper smelting continues normally.
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Asarco Inc
Asarco
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Metals Prices and Market Quotes Report
Metals prices and market quotes from New York show spot and monthly figures for copper, aluminum, lead, zinc, gold, silver, mercury and palladium. The report lists per pound and per ounce rates, noting monthly or weekly closes and general market directions amid daily commodity trading.
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Grains and Livestock Futures Rise on Major Exchanges
Petroleum futures advance on the New York Mercantile Exchange with September crude at 28.06 a barrel and heating oil at 74.48 cents per gallon. On the Chicago Board of Trade grains climb with September wheat 2 to 4 cents higher at 298.44 a bushel and corn at 2.34 a bushel. Livestock futures edge higher on the Chicago Mercantile Exchange with August live cattle at 55.30 cents per pound and August live hogs at 43.80 cents per pound.
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