Wall Street cheers inflation easing and Volcker hints at growth
Wall Street reassured by a 0.1 percent December producer price rise and a trend toward price stability noted by Fed Chair Paul Volcker. Markets show gains as investors expect continued easier credit. analysts cite deficits and trade as key risks amid a shift to money funds and conservative allocations.
MENTIONED IN THIS ARTICLE
Paul Volcker
Federal Reserve Board
Volcker
Washington
Ora House
Wall
Investment Company Institute
Heinz Biel
Janney Montgomery Scott Inc
Treasury
Money as a routine facet of daily life and its forms
The article explains money as a routine part of life and outlines the three main transaction media in the United States currency, demand deposits, and other checkable deposits. It notes that M1 measures cash and checkable balances, while broader concepts M2 and M3 include savings and time deposits and money market funds.
MENTIONED IN THIS ARTICLE
United States
Savings and Loan
U.S. Treasury
Federal Reserve Money
Cattle futures update from Chicago Mercantile Exchange
Cattle futures trading on the Chicago Mercantile Exchange opened with high and low ranging sessions as markets posted settle figures and daily changes. The report notes early activity in cattle trading parameters and price directions.
Metals Market Prices Reported In New York
Metals prices listed include Aluminum 46.90 cents per pound and Copper around 63.5 cents. Lead 18-23 cents, Zinc 45 cents, Tin 5.74 dollars per pound. Gold near 304.25 dollars per ounce, Silver about 6.11 dollars per ounce, Mercury 313 to 322 dollars per 76 pound flask, Platinum 276 to 278 dollars per troy ounce.
MENTIONED IN THIS ARTICLE
New York
Comex
U.S
Handy & Harman
N.Y
Stock Exchange
Acton
Kirby
Smair
Damson
DataPd
Adobe
Amdahl
Andal
UnivRs
Asmr
Nolex
Verbim
Astrote
Nocdo
Adscm
Banstr
Ozark
Vi BradNt
HollyCp
PetLw
Wichita
Brsen
Frida ConsPw
Ji—J
Cntic
PulteHm
Quakso
Questar
AMF
Crockn
Kmart
AMR
CrwaCk
KaisrAl
RCA
ASA
RalsPur
MA Aerflex Ll
Alcan
KerrMc
IRS
Kimbc
ReynIn
Va Deere
Kopers
AllisCh
Kroger
Ritea
RohrIn
Vy LearPt
Rover
Digital
Lyn LearSg
Disney
LeaRnt S
Rowan
Ys AmCan
DomRs
Royid
DowCh
Leefint
Lay Ryders
Acyan
DowJn Lehma
Afamil
Hha duPont
Bg Lilly
Ag la Safewy
Ahome
Ha LineNdl
AmMot
EastAir
LnStar
Antrss
Eastgf
Scott P
AmStd
Vo EsKod
Lilco
Ly Seagrm
bin Tay LaLand
Searleg
At&t
Vy Eaton
LaPac
Te Sears
Amps
Bo Echlin
Vws Enserch
Anthny
Macmill
Singer
Armco
SonyCo
Armwin
MAPCO
Asarco
My AdRich
J Feders
Masco
Maxam
Fincpa
AVEMC
Bkrind
FleetEn
Ly McKess
Sybron
Syntex
Baldu
Baxter
MWE
Jy BeatCo
BellAtl
Listy
Teldyn
Monsas
Tenaco
Ty Bengt
Tesoro
Texaco
Beverly
TexUtil
My Borden
Lim NL Ind
Textron
BorgWa
Ye GaSigns
Meg Nwa
Thrifty
Ensco
Nabscb
Brnswa
Gillette
BucyEr
NII
Tosco
Lyat
Gdrich
NtSemi
Goodyr
Transco
CBS
NorfkSo
MN Tribune
CIGNA
Caesar
Nortros
Norton
USG
Halbin
Syme
Norwst
Ye Carrol
Iy Harris
Omark
CnSoya
Oh UniTel
Honwell
Owenc
Unocal
Upjohn
Oxfords
Uslife
Ya Chams
Sy HotelIn
Utapl
Pesdne
Po — vjCht
Freee Housind
PanAm
Panhec
Va Chrysir
Penney
Waltis
Pennzol
Idahop
PepsiCo
WshWt
Ms Clarke
Ideal
Ma PerkEl
Pfizer
PhilaEl
PhilMr
Be Weyerh
Coleco
Inexco
PhilPet
Whirlpl
ColgPal
Pilsbry
Whittak
Sig ColPen
InldSdl
Pg Pioneer
CmbEn
IBM
Wolwth
Grains futures update from Chicago Board of Trade
AP reports Wheat futures on the Chicago Board of Trade opened with an hourly display of open high low and last prices and a change figure for Friday as traders watched grain markets.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Also Mentioned on This Page
Wall Street
DOW Jones
Danny Skarda
Chicago Mercantile Exchange
Csceeeeeessees
Cya Teteles
Eecevter
Moncor Power Peewee
Eeedeente
Atenheeees
Sthesdvcetibontetadt
SunWest
Setae
American Stock Exchange
New York Stock Exchange
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