OPEC Price Change Poised to Affect ARAMCO Deals
Petroleum analyst Robert E. Golden warns the new two tier OPEC price schedule may not help international oil companies. ARAMCO partners pay Petromin’s realized price rather than official Saudi rates, potentially advantaging domestic producers and aiding LDCs with lower local charges.
MENTIONED IN THIS ARTICLE
Copley News Service
Robert E. Golden
Paine Webber, Jackson & Curtis
OPEC
Golden
Aramco Partners
Exxon
Texaco
Standard of California
Mobil
Saudi Arabia
Petromin
Aramco
Ldcs
Money managers assume new duties in ERISA era
Victor Rosasco of Bache Halsey Stuart outlines a formal process for selecting and monitoring money managers driven by ERISA liabilities. He notes a surge in qualified managers, a shift toward client objective alignment, and firm provided performance evaluation services. Rosasco emphasizes differentiated managers by fund type and size, ongoing monitoring, and transparent communication with clients.
MENTIONED IN THIS ARTICLE
ERISA
Victor Rosasco
Bache Halsey Stuart
Rosasco
Stock market retreats in year end trading
The Dow fell 1.85 to 983.09 as investors trim positions ahead of Christmas and New Year. Volume reached 17.36 million on the NYSE while the composite dipped to 56.42 and the American market index rose to 105.69 amid renewed rate and inflation optimism. Southern Co led active trading with a 16 percent gain in large blocks.
MENTIONED IN THIS ARTICLE
New York
S. Southern Co
Reet Journal
NYSE
Amercan Stock Exchange
Carter must untie economy's knots
New York AP reports President-elect Carter faces stubborn economic knots this holiday season. He must spur capital spending while balancing environmental concerns and production needs amid lagging investment, lingering unemployment, and a shift in education toward future job markets.
MENTIONED IN THIS ARTICLE
New York
Jimmy Carter
Carter
Dow Jones 2 P.M. Averages Report From New York
The Associated Press provides late afternoon quotes from the New York Stock Exchange with Dow Jones industrials at 983.05 down 1.49, transports 232.23 down 3.50, utilities 104.71 down 0.22, amid broad declines across major securities and listed stocks including Lear and Texaco among many others.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Commodity Closings From Madda Trading Report
London gold at 132.25 down 1.00 per ounce. IMM March gold 134.50 down 0.30. February silver 4.3890 up 0.01. March copper 61.7 down 0.2. March wheat 2.72 up 0.03. March corn 2.51 up 0.01. January soybeans 6.92 up 0.32. March soybean meal 202.80 up 1.60. Soybean oil 21.38 up 0.03. February live cattle 41.27 up 0.82. February live hogs 37.22 up 1.50. March cotton 76 up 0.50. March sugar 7.75 down 0.22. Market not closed.
MENTIONED IN THIS ARTICLE
RegMet
Texas
LearSlegie
Dartind
Rockwlint
Texinst
LehVallag
Rohr Ind
Royccol
Texsgif
Deere
Levitz Furg
Royld
Ryderfys Ae
Thiokol
Delta Air
Dennys
Scmcp
Timlin
Dillon
LoneStind
Todd Shipyd
Disney
Va LnglsLt
Transw Air
LaPacif
Transam
DrPeppr
Sanders Vo
Dow Ch
LukenSt
Dresser
Macy
Seabcl
EastAir Lin
MAPCO
Searle
A New York
EasKkd
Marathno
Sears
New York
Eaton
Unocal
EltraCp
Emere
McDond
Singer Co
MNIMM
AMF Inc
Ve Esmark
Va McGrwh
Smithkline
Usgyps
AbbiLab
MeadCp
Scareg
Us Steel
Exxon
We Merck
E Socale
We UnTech
AetnaLf
MGM l
Se SouthCo
UniTel
FMC
Midsat
Sonres
Upjohn
FairCam
Milgo Elect
SouPac
Arizona
Failind
Ye Monsan
SouRy
Ve Varian
Ye AtcanAlu
Fedders Co
Mondu
Sperryr
Vendo Co
AilegCo
MorNor
Squibb
Naepw
Motorola
StBrand
Stonow
WasWat
Ve Alcoa
Va Fordm
Ncrcp
StaufCh
Wnanl
Amax
Formck
Nlind
SterOrug
Finkinm
Nabisco
Stevens
Freepm
NatAiri
StuWor
Westge
Am Airline
Frigtrac
NatCan
SunCo
Weyerhr
Vo AmCan
Gafcp
NatGyp
Trwin
Acyan
GamSk
Natind
TampEl
Whiting
Ameipw
Gannett
Nat Semicn
Natoma
Zammt&t
Tennco
ZaleCorp
Ampex Corp
Gtele
NorrWtn
TesoroPet
Ise
ZenithRad
Norris
Associated Press
Andrh
Genesco Inc
Noaphi
Armco
Gettyo
Northepn
Global
NwtBac
Balige
Goodrh
Norton
BankAm
Ye NorSim
Gianpac
Beecha
WwGitWnFin
Beker
GrGiani
BelfHow
Greyh
Grumm
Cooperin
LTV Corp
Omar
Bengte le
Hycel Inc
GuIfOll
Salimpolla
HH — — Pa Alleghy Airl 9 33 A Instrume Sys
Yann Bolse Cas
Amic Corp
Va Intl Banknot
Borden
ArminCp
Interway
BorWar
Ye Harris
Se Paclig
Asamera
InvDivers A
BristMy
Harteck
PacPetrl
Atlascm
Kaislind
BritPet
Hecla M
PacPw
VW Austral Oki
Kewanee
Brunswk
Hercules
Pactt
Autmat Rad
KinArk Crp
BucyEr
HotfEle
Bet Ve PanAm Air
BaldorEl
LafyRad
BuddCa
Holiday
Panep
V2 Bellind
LoewThe
Bulova
Hollys
Patricp
Burlind
Honywil
Ve Penney
BuriNo
MillerWo
Ckpet
Mitchle
Buttesg Oll
How John
PepsiCo
CMI Corp
Pfizer
Ve Caressa
Citfin
Inacp
Carnat
Tmcpc
Idahop
Philmorr
Nolex Cp
Cadence
IdealBa
PhillPet
Champ Hom
NorCon Oils
Impicpa
Ozarka
Pneumo
Ia— le Coachma
PaliCorp
Ingerr
Oleman
Pertec
ConOll Gas
Plant Inc
Champlat
IBM
Cookind
PSVEG
Crutch
Presley Col
Chessie
Imtmine
Pubickr
Damson
Chris Craft
Chrysler
Shnandh Oil
Citicorp
Spencer
Lek Gorp
EarthRes
Syntex
WestelCorp
QuakOat
ElcorCp
System Eng
Quaksto
Eodline le
We Tenna Corp
CloroxCo
Drewer
Questor
Terrac
Ma JhnMan
Uipcp
CocaCol
Colgal
JohnsonJn
Va Rca
Eilmwy
UnAirPd
ColGas
JonLogn
Ralston Pu
UN Asbestos
CombEng
Jostens
En Rancolh
GR Cp
UnBrand Wt
Comwe
JoyMig
Comsat
Kk-K — Raythn
Gladding Co
Ave al
Vernitron
KaisrAl
GtBasin
WTC Inc
Kangel
RestvOil
Reviow
ConsuPow
Katy Ind
Hertzm
ContAir Lin
Kellogg
Conti¢p
Kimbel
CntiGrp
KnigtRid
Koppers
ContTel
Kraft
Va Kresges
Kroger
Madda Trading Company, Inc
Scottsdale
Chicago Mercantile Exchange
London
Also Mentioned on This Page
Helen L. Call
Scottsdale ( Az
John Cunniff
Business Mirror
Utilities
New York Stock Exchange
American Exchange
Lite
Scorrspale Pharmacy
Brug Store
Fintan & Cdn
Sandys
H. Scottsdale Rd
Chern
Turf Enterprises
Christ
Jesus
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