Inflation threat beyond Watergate warns Sen. Talmadge
Sen. Herman E. Talmadge told the National Press Club that creeping inflation could soon become runaway inflation, risking economic collapse and dictatorship as seen in Germany and Latin America. He said the issue poses greater long term danger than Watergate and urged public awareness and action.
MENTIONED IN THIS ARTICLE
Washington
UPI
Herman E. Talmadge
D-Ga
America
Talmadge
United States
Germany
Latin
National Press Club
Arizona economy shows downturn in July despite inflation
Dr. Harold Fearon of Arizona State University reports July marks the first negative read on six key indicators since 1970. New orders fell sharply while production and employment barely held, with prices rising at the slowest pace since October and signs of easing in delivery delays and material purchases. External factors include a sluggish national economy, summer doldrums, and a copper strike.
MENTIONED IN THIS ARTICLE
Arizona
Harold Fearon
Arizona State University
Purchasing Management Association of Arizona
Fearon
Cae
ASU
Dow Closes Higher After Nine Day Slump Rebound
The Dow Jones Industrial Average gains 4.54 to 726.38 as a technical rebound offers modest hope. S&P 500 rises 0.34 to 74.91 amid thin volume of about 13.5 million shares. Blue chips like Eastern Kodak Union Carbide U S Steel and glamors IBM Texas Instruments Walt Disney edge up, while Polaroid Clorox and GM trade actively.
MENTIONED IN THIS ARTICLE
Standard & Poor
Eastern Kodak
Union Carbide
U.S. Steel
International Paper
IBM
Texas Instruments
Walt Disney
Polaroid
Clorox
General Motors
Dow Jones Averages Rise on Mixed Wall Street Close
New York stocks end session with gains led by industrials and general market breadth. Major tickers include Alcoa Alcan and Amex as investors gauge sales net price earnings and corporate moves amid uneven trading on the New York Stock Exchange.
MENTIONED IN THIS ARTICLE
New York
UPI
New York Stock Exchange
New York Stock Exchange Closing Quotations Summary
A dense list of closing quotations shows widespread price readings across many issues including Exxon, General Electric, IBM, Disney, Ford, Dow components, and banks. Notable shifts include high performers like Exxon and Unilever, with varied losses and gains across dozens of firms.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
American Exchange Stock Table Highlights Mixed Activity
Readout from the American Stock Exchange lists selected stocks with varied moves. Companies include Petro, Austral, Banister, Brascan, Buttes Gas, Cal Compir, Carnain, Circle K, Comb Equip, Creole P, DayMn, Dixlyn Corp, Dome Petro, Felmat and others with prices, highs, lows, and percentage changes showing modest gains and losses across the board.
MENTIONED IN THIS ARTICLE
NEW York
API
American Stock Exchange
Carnain
Circle K
Crw CP
Dixlyn Corp
Dome Petro
Commodity Closings Update From London Markets
Freighted by Fred Schaffer of Bache Co. prices show London Gold 155.50 up .50, Aug silver 4.39 down .07, Oct platinum 193 down 1.50, Sept copper 78.2 up .03. Wheat 4.23 down .60, Sept corn 354.75 down 10, Sept soybeans 7.26 down .20. Live cattle 48.45 up 1, live hogs 39.50 up .08, fresh eggs 51.95 up .02, Maine potatoes 4.65 up .10, Dec cotton 50.40 down 1.65, Sept plywood 111 up 1.00.
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Chrysir
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RCA Corp
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Sander
SanFin
Schering
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Va Sears
Shellon
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Singerc
Smithkline
S$ CalEd
SouthCo
Sonres
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SteinDrg
Studew
Sun Ol
Sunshine
Tandy Corp
Teledyne
Teneco
Texaconic
Texetr
TexGulf
Textron
Thiokol
Se Thriftyo
Timlin
FrancCo
Transam
Transwair
Unocal
Uniroyal
Utd Brands
UnCorp
US Gyp
US Indus
US Steel
US Teb
UniTel
Utah
Utahpl
London
Maine
SIPC aims to fully insure investors against broker failures
SIPC chairman Hugh F. Owens outlines plans to expand coverage from 20 50 000 cash and 50 000 000 securities to 50 000 cash and 125 000 securities and include mutual funds and NASD firms. The task force seeks bulk transfer of accounts and quicker payouts, with legislation expected this fall in a broad economic reform drive.
MENTIONED IN THIS ARTICLE
Washington
UPI
Hugh F. Owens
Oklahoma
Securities Investor Protection Corp
Owens
SIPC
Wall Street
Capitol Hill
Nixon
National Association of Securities Dealers
NASD
Theodore H. Focht
Harrison A. Williams Jr
D-N.j
John E. Moss
D-Calif
Congress
Investment Company Institute
Mutual Fund Industry Association
SIP
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By Sen. Talmadge
Dow
Ford
Nelson Rockefeller
Dow Jones
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Curtiss
Cyprus
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Grumn
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Kopper
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Ligg My
Lockheed LoewCp
LTV Corp
Luckys
Luken Sd
Luke Yosta
MacMill
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Man Hn
Va Marcorine
Massey
MayerOs
Maytag
McCroy
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Va Whit Con
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Whittakr Co
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Continence Bank
Roe Member
Igwitfh
American Exchange
Utah Ser
Vikoa Incor
Yates Indus
John D. Knox
Special Agent
Saito
Phong
Fred Schaffer
Bache & Co., Inc
MS. Patti
N. Brown
Nce
Januar Scottsdale Stationers
Scottsdale
First Ave
Ma Plaza
Scottsdale Progrss
Paradise Valley
Mountain View Road
Thunderbird Road
32Nd Street
40Th Street
Scottsdale Daily Progress
Earls Drive
Sikenepead
By Leonard Curry
SUN Control
Hughes- Celhan Corporation
North
16Th ST
Phoenix
Sun City
University Blvd
Tucson
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