Middle class bears heavy finance charges on revolving credit
A Purdue study shows the 10 000 to 20 000 income group pays most finance charges on retailer credit while the poor and the rich act as free riders. Low income buyers worry about accounts and face higher collection problems, despite similar usage.
MENTIONED IN THIS ARTICLE
Helen L. Call
Copley
California
William Dunkelberg
Credit Research Center
Purdue University
Middle America
Dunkelberg
New York Exchange Quotations Highlight Wide Stock Variances
Selected stocks on the New York Stock Exchange show varied moves with many names including Amex, AmCan, Boeing, and Alcoa posting gains or losses. The daily list records last prices and percent changes for numerous issues reflecting early market volatility and investor sentiment.
Mixed stock prices glide through Scottsdale trading
A crowded page lists numerous securities with fluctuating prices and percentages, highlighting names like CocaCola, Citicorp, Exxon type firms and energy techs. It presents market moves in a dense OCR ledger style for Scottsdale.
General Dynamics gains eyed on Trident program and other 1970s prospects
Value Line flags potential upside for General Dynamics tied to the Trident submarine program with an initial 285 million construction award already received. Fraser Management projects a slow U.S. growth path, favoring capital preservation and selective gains with W R Grace named as a chemical sector pick. Sears shows promotional markdowns amid retailer caution, while Argus cites four reasons consumer spending may not fall much despite higher prices.
MENTIONED IN THIS ARTICLE
Copley News
General Dynamics
Value Line
Argus Research Corp
Scottsdale residents join ASU Beta Gamma Sigma honor group
Seven Scottsdale residents are among 36 undergraduates and 14 graduates to be initiated December 13 into the Arizona State University Beta Gamma Sigma chapter. The article lists the initiates and notes the society’s high scholarship standard for commerce and business administration.
MENTIONED IN THIS ARTICLE
Tempe
Scottsdale
Arizona State University
Beta Gamma Sigma
Honorary Business Society
Business Administration
Stanley E. Aungst
E. Edgemont
William
Commodity Closings Report From Market Desk
London gold at 178.50 up 4.50 per ounce. Feb silver 4.28 down 0.057. Platinum 177.30 up 2.30. Copper 57.8 cents up 1.2. Wheat 4.82 up 0.02. Corn 33.6614 up 0.234. Jan soybeans 7.68 up 0.05. Live cattle 39.45 up 0.78. Live hogs 42.67 up 0.47. Pork bellies 68.70 up 1.40. Eggs 60.05 up 0.02. Maine potatoes 5.30 unchanged. Cotton 40.06 down 0.44. Sugar 47.5 up 0.3. Notes from Madda Trading Co. Scottsdale.
MENTIONED IN THIS ARTICLE
London
Maine
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E. Stetson
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John D. Knox
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Cameack Salle
George
America
Thomas Ad Sute
Finder
Adiv.of Calla. Service, Inc
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P.O. W
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Sunset Boulevard
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Syntex C
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E. McDowell Rd
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Mesa
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