Money on the Move: Experts Urge Buyer Caution
Wall Street seers advise caution as unsettled markets loom six weeks. Eugene Peroni of Paine, Webber calls for profit taking and stepping aside while Gerald Rolfe of Loeb, Rhoades notes debt-market difficulties and a rest after a long advance. Buy on weakness but not.
MENTIONED IN THIS ARTICLE
Copley
Wall Street
Eugene Peroni
Paine, Webber, Jackson & Curtis
Gerald Rolfe
Securities Information Department
Loeb
IRS offers service this weekend for tax questions
The Internal Revenue Service will provide Saturday telephone service to answer tax questions as April 15 deadline looms. District director Robert M. McKeever emphasized urgent need for assistance and noted calls will cover individual issues and corporate matters.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Robert M. McKeever
McKeever
Arizona economy shows signs of stabilization and cautious recovery
Dr. Harold Fearon of Arizona State University reports March indicators suggest inflation is under control with small price declines and slower declines in orders production and employment. Delivery times improve as inventories fall, the nine month drop in new business lessens, pointing toward a tentative recovery by year end.
MENTIONED IN THIS ARTICLE
Arizona
Harold Fearon
Arizona State University
Purchasing Management Association of Arizona
Fearon
ASU
Dr. Fearon
New York Stock Exchange closes with mixed interim averages
At 3 30 p m Eastern Time the Dow Jones industrial average stood at 787 31 up 6 02 while transports fell 1 27 to 164 21 and utilities rose 0 64 to 76 18 The overall stocks index reached 242 93 up 0 97 as New York markets closed amid uneven trading despite gains in some sectors.
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Philip Morris
Denny's
Syntex
Continental Oil
Martin Zweig
Zweig
International Minerals & Chemicals
Crane Corp. Bache & Co
Larry Wachte
Gerry Weiss
Dow Jones
Indus
Alid
Dianich
Allied S
Disney
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AmCyan
da Buanel
Eascoto
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Nh East
AMTAT
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Faers Ammipex Cp
Arins
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Bell Hwt
GAC Corp
Sy Gain Sk
Black&d
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Gannett
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Ada
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Boise Cas
Genatr
Borden
Ity de
Ie Borg
Tay Brunswk
VO Va Vp Gn Steel Ind
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Nia Budd Co
du Ma Bulova
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Gerber Pd
Wika USA
Grand U
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Colgate
Col Gas
Curtiss
Cyprus
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Delta Air
Rohr
Ogden
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Ohio
Royld
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StRegis
Rckl
Vove
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Oris el
Sang Eic
Ya Owen CF
Schering
Va Schlumb
Yo Seagram
PacPwr
Shell Oil
T&t
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SignalCo
Penn Centr
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Penney
Aba
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Pennpl
SouthCo
Mit SoPack
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PhilipMa
Phillips Ind
PurexCo
RCA Corp
Vo Thiokol
ReyndMet
Thriftyd
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Timlin
New York
UPL
American Stock Exchange
Oixlyn Corp
Bome Petro
Fischer Pr
Ford
Frontier Air
Kaiserin
Wbae
Lee
Lee Natl
Lee sThwe
Ava
Wa McCullch
Dow Jones Rises as Rates Ease and Bonds Firm
The Dow gains 4.14 to 785.43 as short term rates ease and bond prices firm. 718 advances to 542 declines on 1,709 issues traded. NYSE turnover around 15 million shares, down from Thursday. AMEX sees slight gains. IBM dips after posting Q1 earnings of 2.95, Time Inc. advances on a deal with UA Columbia Cablevision to extend home box office network.
MENTIONED IN THIS ARTICLE
New York
UPI
New York Stock Exchange
American Stock Exchange
Treasury
IBM
Time Inc
Columbia Cablevision
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U S
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A Hewitt
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Homstake
Howards
Idano PV
BM Corp
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Kidde
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Kraftco
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Lehi Pro
Litton Tn
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LTV Corp
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McCrory Cp
Yea Bey
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Monsan
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Twcfox
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Weyrhas
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American Exchange
Madda Trading Company, Inc
Scottsdale
Chicago Mercantile Exchange
London
Maine
Investment Consultants
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P.W. Dancause Corp
Third Ave
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