Reduction of non-workers as inflation cure
Milton Mound of First Multifund of America argues inflation stems from nonproducers and drones in society. He urges paying only producers, criticizing retirees, bureaucrats, and others who do little to boost supply, and calls for tough retirement and Social Security reforms to cut nonproductive labor.
MENTIONED IN THIS ARTICLE
Leroy Pope
UPI
New York
Milton Mound
Mound
First Multifund of America, Inc
Conference Board
America
NYSE Close: Mixed Quotations Highlight Tech and Industrials
NYSE closing quotations show mixed results with notable gains for AmEx, Exxon, and IBM while several industrials and energy firms slipped. Strong performances by AmAirlines and AlliedSignal contrast with declines in certain steel and utility stocks amid market volatility.
Wright Investors' Service sees high-grade stocks more rewarding
Wright Investors' Service says it has no doubt that buying high-grade common stocks at current prices will be more rewarding than investments in short-term debt securities or certificates of deposit.
MENTIONED IN THIS ARTICLE
New York
UPI
Wright Investors’ Service
Dow Jones Averages Report Daily Decline
The Dow Jones closing averages show losses with the industrials down 17.83 to 686.80, transports off 3.67 to 143.07, utilities down 0.77 to 64.16, and stocks slipping to 210.06. Trading volume reached 13.5 million shares versus 15.9 million on Thursday.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
Hds
Allis
Alcoa
Sx Am Airlines
Amt&t
Apeco Corp
Armcos
Va Arms Ck
Asa
Amwriche
Allas Corp
Aveo Corp
Asa Avnetinc
Babawil
Baker Oil
Bangor- Pn
Bath Ind
Fds
Vsta
Beckmn
Borden
Borg
Bost
Au Bourns Inc
Braniff
Brigss
BrGrup
Brunswk
Bucyrus
Budd Co
Bulova W
CBS
de CentTel
CerroCorp
Cessna
Chris Craft
Chrysir
CocaCol
Colgate
Curtiss
Cyprus
DanRivr
Deere
DeltaAir
Dennisn
DetEdis
MeDiamSh
Diebold
Disney
OrPeppi
Jy DomeMn
Dow Ch
E Dresser
Duke P
DuPont
Bugnel
EascoCo
Ex Cell
Exxon J
Faberge
FairCam
FerroCorp
Wo Firestone
Fleming
GAC Corp
GAF Cp
Gam Sk
Gannett
Steelind
G Tire
Va Gerber Pd
Getty
Gillette
Goodric
GoodyrTir
Va Grand U
Grant W
dVa
Gt A&p
Gimek
GtWsFin
Gt West UN
Hershey
Vea Heublein
Se Hewitt P
Hilton Hf
Hoff Eleci
Se Howardj
Idaho
IBM Corp
Regni Met
Bia Intl Mining
Riviana
IntNekl
Robshaw
T&t
Rockwell
Wathek Corprin
J— Rohr Ind
Jantzen
Wwa
Va Royal CC
VY Royld
Joy Mfg
Kayser R
ShellOit
SierraPc
Ye Kencott
Ms SignalCo
SimnsCo
Singer C
Kidde
Smithkline
Kim Cl
KLM Airt
Ole— Va Knight N
Va Kresge
Kroger
Sonstps
Libby McNi
StOilOh
Stertorg
Lockheed
Wwe
Studewsun
Rao
LTV Corp
Luken
Tandy Corp
Luke Yysta
Teneco
Teledyne
Macy
Marsh
Thiokol
Ve Mart M
Thriftyd
Massey
Timlin
Va May DS
TraneCo
Va Transam
Va Maytag
Mclean
Mead Cp
Merck
MGM Lab
Unocal
Mm&m
Utd Airert
Mohsco
Utd
UnCorp
Monogram
Vo Monsan
US Indus
Morgjp
Ny Morrsk
Va US Steel
Motorola
UniTel
MtStTel
Wu— Ve UnivsOil
Wate
Natl Distil
Marian
NatSteel
VendeCo
Vetco
Natomas
Walgreen
Indust
WarLam
Norfolk
Bama
NortPw
WsBanc
NwBan
WuUnion
Norton Si
Wstvac
Whittaker
Omarkin
Owen CF
Owentil
ZaleCorp
Zayre Corp
PacGas
Pan Am
Pse&g
Pullman
A PurexCo
Va Purolatr
R— Ralston
Raython
RCA Corpo
Rey Ind
Dow Jones
Wright named president of Hallcraft Homes Inc
Lewis J. Wright is elected president and director of Hallcraft Homes Inc. at Phoenix based firm. He replaces James H. Cederquist who resigned Aug 6 after financial difficulties. Wright, 47, comes from Tekton Corporation in Oak Brook as EVP and COO since 1968.
MENTIONED IN THIS ARTICLE
Lewis J. Wright
Hallicraft Homes Inc
John C. Hall
Hall
Wright
Board of Directors of
Hallcraft
James H. Cederquist
Cederquist
American Stock Exchange
Tekton Corporation
Oakbrook
Dow Jones Falls Below 700 On NYSE Slide
The Dow Jones industrial average plunged to 686.95 on the New York Stock Exchange, its lowest close since July 1970, as about 1,000 issues declined and inflation fears plus high interest rates weighed on investor sentiment.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
Dow
Executive courses and career moves in Valley and beyond
Walter W. Zeigler II tops Ramada Inns management training at Phoenix center. Ramada Inn pro file highlights include Valley Ho Resort with 180 rooms and 100 staff. Ramachandra Rao of Motorola SPD earns patent-based induction into the company society next month. Donald R. Duxbury named manager of Ponderosa Lumber’s Component Housing Division and marketing director. Dr. Jerry B. Poe from Drury College joins ASU as professor and chairman of finance. H. S. Coblentz appointed professor of planning and director at University of Waterloo Urban and Regional Planning.
MENTIONED IN THIS ARTICLE
Walter W. Zeigler II
Valley Ho
Main St
Thas
Ramada Inns
Phoenix
Ramada
Scottsdale
Stephanian
St. Stephen’s College
Delhi
India
Ramachandra (Ramu) Rao
E. Cambridge
Motorola Semiconductor Products Division
SPD
Rao
Scientific and Technological Society
Ponderosa Lumber Company
Donald R. Duxbury
A.C. Mason
Ponderosa
Duxbury
Balsz
Arizona State University
ASU
Breech School of Business Administration
Drury College
Springfield
Arizona State University College of Business Administration
Jerry B. Poe
H.S. Coblentz
Valley Beautiful, Inc
School of Urban and Regional Planning
University of Waterloo
Canada
Prof. Coblentz
Arizona
Fort McDowell
Also Mentioned on This Page
Wall Street Charter
American Exchange
API
Austra Oil
Circle K
Crealep
Crw CP
jayMin
Va Dixlyn Corp
Dome Petro
Ye Felmat
Wikoa Incor
Yates Indus A
Patiis
Wn N. Brown
Eldon Drapery Cleaners
E. Belleview
Chicago
New York Life Insurance Com
Scottsdale (Az
Daily Progress
U.S
Glenn D. Overman
ASU College of Business Administration
Poe
Drury
Graduate Business Council
Veeares
Zeigler
Ted Hill Photography
Brown Ave
Yemen
Scottsdale Progrss
Paradise Valley
Mountain View Road
Thunderbird Road
32Nd Street
40Th Street
Scottsdale Daily Progress
Earls Drive
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