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Roswell Daily Record in Roswell, New Mexico

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Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

Dec 29, 1985

Page

16

Market Rises On Rate Cut Hopes Fray Puffing Stocks

Investors cheered rumors of lower rates as the Dow Jones average climbed 16.51 to 1,543.00. Volume reached 81.56 million on the NYSE while other indices gained on optimism that a Fed discount-rate cut could bolster 1986 performance.

NEW York New York Stock Exchange Wall Street Federal Reserve Digital Equipment Sperry Burroughs Ty General Motors Ford Motor Ford Chrysler Boeing All Nippon Airways Standard & Poor S&p American Stock Exchange

Market boom could slow overall economy analysts warn

Analysts warn the stock rally may drain funds from production and expansion as money growth surges while rates fall. Large cash pools foster stock buybacks and takeovers, with corporate investments shifting from real assets to shares, according to Butther & Singer and Francis M. Kelly.

New York Wall Street Main Street Federal Reserve Francis HM. Kelly Oppenheimer & Co Kelly Butther & Singer Inc

Cattle and Hogs Futures Mixed on Chicago Market

Chicago Mercantile Exchange opened with mixed signals as cattle and hog futures showed narrow moves. Traders watched supply hints and demand expectations amid steady cash markets.

Chicago Chicago Mercantile Exchange

Metals prices mixed across nonferrous markets in New York

AP reports mixed spot prices for nonferrous metals in New York with aluminum around 51.10 cents per pound and copper near 69.54 to 63.75 cents per pound. Lead at 18.34 to 19 cents per pound, zinc about 35 cents, and tin unavailable. Gold around 326.95 dollars per ounce, silver near 5 772 dollars per troy ounce, mercury quote 320 to 330 dollars per 76 pound flask, platinum 320 to 322 dollars per ounce.

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Grains at Chicago Board of Trade Friday

Grain prices moved on the Chicago Board of Trade with session data showing open and high and low bids for the day. Last prices and change figures indicate market directions as traders react to supply and demand signals.

Chicago Chicago Board of Trade

Also Mentioned on This Page

Chet AP Business Water DOW Jones Chet Carrier Thu Edwards Sym. BF Hutton Wba SouthUnab SPS Wah Sunw United Cotton Futures No. 2 Prey Olly Dee Daly
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