Investment clubs regain popularity in bear market rebound
The Mutual Investment Club and others in the National Association of Investment Clubs show rising inquiries and memberships as investment groups, often amateurs, beat index gains over long periods. They emphasize regular monthly investments, full compounding, reinvesting dividends, and selecting stocks with earnings growth outpacing the economy.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Detroit
Mutual Investment Club
National Association of Investment Clubs
Royal Oak
Mich
Ber
Thomas O'Hara
O'Hara
Nee
Aan
State C of small firms forms council in Arizona
The Arizona State Chamber of Commerce announced the creation of the first nationwide small business council for Arizona employers. William R. Kelly Jr. said input from small business is essential for political influence as bureaucrats and legislators shape daily decisions. All chamber members with 200 or fewer employees become council members and elect an executive committee at the annual fall meeting.
MENTIONED IN THIS ARTICLE
Arizona
Arizona State Chamber of
William R. Kelly
Small Business Council
State Chamber of Commerce
New York Stock Exchange Prices Late in Trading Session
The New York market showed mixed activity with numerous stocks listed by the AP data service. Prices for Abbot Laboratories and Ad Ms Millis, Air Products, Alcoa, Amoco, and Exxon display varied gains and losses as trading continued into the afternoon, reflecting ongoing shifts in stock values.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Arizona
AtcanAlu
Dow Jones Averages Mixed as Trading Closes
The Dow Jones averages show a slight decline with the industrials down and the utilities and transports fluctuating. Reading at 998.03, 211.04, and 305.02 for the major indices, trading ends with a net drop across the board.
MENTIONED IN THIS ARTICLE
Dow Ock
Market Dips as Dow Near 1000 Amid Rate Hopes
The 2 p.m. Dow Jones industrial average slid 2.68 to 998.03 amid rate worry. The NYSE showed more decliners than advances by 2 to 1, with brokers weighing Federal Reserve moves that could tighten credit and push rates higher. Tiger International dropped to 15 percent on a large block trade as broader indexes varied.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Wall Street
Federal Reserve
Tiger International
NYSE
American Exchange
Commodity Closing Prices Report From Madde Trading Co
London gold at 128.00 up 0.75 per ounce IMM June gold 120.50 up 0.60 Apr silver 4.48 1/2 up 0.07 July platinum 1.62 up 2.70 May copper 0.728 up 0.02 May wheat 3.35 down 0.44 May corn 2.674 down 0.03 May soybeans 4.4742 down 0.06 June live cattle 48.52 up 0.45 May pork bellies 73.90 down 1.45 May eggs 0.436 up 0.055 May Maine potatoes 9.65 down 0.04 May plywood 153.50 down 3.60 May cotton 0.417 up 0.93 May sugar 1.399 up 0.02
MENTIONED IN THIS ARTICLE
Cooper Indae
AitisChai
ak _ Alcoa
CrownCork
Amax
CrwZel
AMBAC
Ye Curtis Wr
Acyan
DelMon
DiamSh
Mia U
DillonCo
AmStand
Disney
Amt&t
AMP Inc
Ampex Corp
Apendon SO
Tae Baty Ea Jan
Echlin
Ashion
Ashdrg
Eltraco
Airich
EmerEl
Atlas Corp
Fedders Co
Als Ov
Beecha
Beker
Benguet
FstinEnt
BethSd
Borden
BorWar
BucyEr
Ve ‘BuddCo
Cal Finant
CartWall
Genescoinc
CastiCk
GenPac
Gerber
Gillette
Censow
Champint
Chasem
Grace
Va Chessie
Gitatipac
Giwnfin
Chris Craft
Chrysler
Ye GuifOll
Harris
Comwe
HarteHk
Comsat
Heclam
Hercules
Colt
HewliPk
Hoernw
Air Lin
HelCorp
Jeg — Jewelc
JhaMan
Johnsonin
JonLogn
E—Ie
Me Jostens Ib
JoyMig
KalsrAl
Kangel
Kanplila
Katy Ind
B . KnigtRid
Koppers
Kratico
Kresger
Kroger
LearSleg
Lehpct
LehVal Ind
Lehmn
Levitz Furn
Tee
Ms Ms. Citenln
Lockhol Aircreet
OM Loews
LoneStand
Macy
McDond Ve
Mohasco
Monsan
Mondu
MtFue
MistTel
Nat Semion
NevPw
Niamp
Indi
NorflkWn
Norris
Norphi
Norngs
Noribee
NwstAirt
Nwibne
Norton
NorSim
Oma OtisElv
QuiMar
Ni Oweniil
PacGas
OwensOng PacStg
PacPetri
PacPw
Pactt
Philips Ind PhiliPet
Pubtckr Ind
Frenlg At
Pagspl
Purim Fash Questor
RalstonPu
ReadRat
Ste Br
Quaksto
ReynMet
Reynin
Rohr
Reyccol Reyld
Ryder
UnTech
OSPF
Bie
Shee
SmithKline
SonyCp
Wah Squax StBrand
Isis
TxPcLd
Textron
Va Thiokol
TimeMir
Timlin
ToddShipyd
Transam
UAL Inc
Upjohn
Utahint
Wolwich
ZaleCorp
ZenithRad
Texinst
Transwal
Whiripottl
WillmsCos
Associated Press
London
IMM
Maine
Payroll Reports Due Friday for Arizona Employers
Payroll reports for the calendar quarter ending March 31 are due Friday in Arizona. DES official Charles Vance notes 2.7 percent tax on taxable wages for new employers and urges firms with uncertain liability to contact the DES Contributions Section. Penalty for late filing is 15 dollars with 1 percent monthly interest on unpaid contributions.
MENTIONED IN THIS ARTICLE
Arizona
Arizona Department of Economic Security
Charles Vance
DES
Vance
Palyroll
P.O. Box
Phoenix
Negotiators Resume Rubber Strike Talks In Cleveland
Negotiators for the United Rubber Workers and Firestone Tire & Rubber Co resume bargaining to end a six day strike. URW seeks a 42 percent pay rise over three years atop a $9.05 current package while Firestone offers $1.15 an hour. Federal mediator Gayle Weinbter noted possible new offers this afternoon.
MENTIONED IN THIS ARTICLE
Cleveland, Ohio
United Rubber Workers
URW
Firestone Tire & Rubber Co
Peter Bommarito
Geneva
International Federation of Chemical and General Workers Union
Firestone
Gayle Weinbter
Also Mentioned on This Page
Business Mirror
State
C of
Council For
Scottsdale
Dow Jones
Jones
Indus
Madde Trading Company, Inc
Chicago Mercantile Exchange
Maduff É Sons
N. 71St Place
Sundown Plaza
Texas ' Son
Rurel Rd
Tomee
Bacall Scorte Dela
W. Indien Schaet
Pheonix
KRUX
the Informer
Olearn
Scottsdale Plumbing
East Osborn
N. Scottsdale Rd
Tyes
J. Milton Newton, Inc
North Central Avenue Financial Center
Pigase
Daytona Beach
FT Lauderdale
Houston
Jackson
Jacksonville
Miami
Orlando
ST. Petersburg
Tampa
Tucson
J. Maton Newto
Bean Witter &Co
Ndele
Kaiser
SUN Control
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