Ford extends federal crime insurance for small businesses
President Ford renews a three year federal burglary and robbery insurance program aimed at helping small urban businesses and homeowners in high crime areas. The plan offers affordable coverage with premiums based on location and business size, though awareness remains low and uptake was small last year.
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FTC launches nationwide probe into used car dealer practices
The FTC with new powers begins a comprehensive inquiry into unfair and deceptive practices by over 60 000 used car dealers. A 29 question questionnaire will be sent to 500 dealers, with 45 days to respond, forming a public record for potential rule making. The process targets warranties and related practices, with final rules possible after hearings later this year.
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James Cary Copley
America
Federal Trade Commission
FTC
Congress
Market Snapshot Dow Jones Mixed as Industrial and Transport Shares Slip
The Dow Jones averages show a mixed session with the Industrials down 0.63, Transports up 0.37, and Utilities off 0.20 while overall volume reaches 14.91 million shares. The list includes prominent names across sectors such as Air Products and AlcanAl, with many quotes and price levels reflecting varied market activity.
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Dow Jones
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New York Stock Exchange Stocks Quotations Report
NYSE at 2 pm shows mixed movement across many rails oils and techs with notable changes in Ford Chrysler General Electric and Texaco. Listings on American Stock Exchange include Petrochemical and metals firms with varying highs lows and last prices.
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West elite close Bilderberg quest with inconclusive inflation debate
In Cesme Turkey delegates from the world’s financial and political elite wrap a three day Bilderberg session. They depart Izmir area after a late Sunday meeting amid a lack of consensus on the causes of inflation.
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Turkey
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Bilderberg
Izmir
Commodity price quotes from Madda Trading Co
Closing quotations show gains and losses across metals grains livestock and softs. Notable prices include London gold 144.00 up 0.25, CBOT May gold 165.50 down 0.00, May wheat 3.4724 up 0.05, May corn 2.934 down 0.01, May soybeans 5.4044 down 0.44, live cattle 45.37 up 0.06, May sugar 20.14 down 0.07, May cotton 0.454 up 0.37, May pork bellies 74.90 down 1.10.
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