Stock Prices Drift Down on Light Volume in NYSE
New York stocks edged lower in thin trading as the Dow fell 1.76 to 851.25 and the S P 500 declined to 95.78. Volume was about 12.5 million shares amid investor caution ahead of Nixon’s State of the Union and expectations on oil policy and prices.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
Standard and Poor
Dow
Nixon
American Stock Exchange
Savings and Loan
Great Western Financial
Financial Federal Inc
First Charger Financial
Imperial Corp. of America
Federal National Mortgage Association
American Motors
NYSE Close Stocks Mixed Amid Broad Trading
New York stocks end the session with mixed results as shares across industries show modest gains and declines. Notable movers include Admiral Corp, Aetna Life, Air Products, Alcan, Allied, Amex, Boeing, CocaCola, IBM, Pfizer, Sears, and Texaco with varied closing figures and fractional changes.
Wall Street Chatter Signals Calm Amid Energy Crisis Anxiety
Spear Market Report notes investors largely ignore energy crisis clamor as DuPont Walston Inc. dies and durable goods orders weaken. Market remains essentially flat with hints that Arab oil embargo lifting could stabilize sentiment, while uncertainties from Middle East output and potential oil company legislation may restrain moves.
MENTIONED IN THIS ARTICLE
New York
UPI
Spear Market
DuPont Walston Inc
Dow Jones Averages Close Mixed Amid Light Volume
The Dow Jones industrial average sits at 859.32, down 0.69 points while the transportation index falls to 186.05 and the utilities index rises to 93.49. The overall stock index shows a 0.50 point decline as sales reach 12.85 million shares.
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Espaso
Esmark
Essex
Lély
EthylCorp
Jy Excell
Exxon 4Lub
Va Faberge
Va FairCm
Farah Mfg
Firestone
Fleming
GAC Corp
GAF Cp
Gam Sk
Gn Steelind
Gerber
Getty
Va Grace
Gta&p Tea
Gt West UN
Grumn
Gulf&Ws
BOM
Hilton Hill
Hobart M
Hol Inns
Homesti
Bova As
Howard J
Howmet
Idaho
Ve Imperial
INA
AG Inexco Oi
ENKI
T&t
Itek Cofprin
JohnMv
John&j
Jonbogn
Ma Jonesl
Jostens
Kaiser al
Kcsoln Wabi
Kayser R
Kennecot
Kerr Mc
Kim Cl
KLM Ajrl
Q Knight
My Kopper
Kraftco
Kresge
Kroger
LearSieg
Libby McNe
Wat
Luken
Va Lyke
Macy
Dow Jones
Indus
'Dead man' who built first swimming pool turns 100 in Seattle
James W. Wheeler celebrated his 100th birthday in Seattle where he built a real estate empire after surviving tuberculosis. He earlier in Tucson helped establish early pool history and earned a reputation by selling lots with lumber on credit. Wheeler now polishes woodcarvings and makes final real estate decisions with assistance from his secretary.
MENTIONED IN THIS ARTICLE
Seattle
Wash
UPI
James W. Wheeler
Tucson
Wheeler
Nixon Lifts Foreign Investment Tax Amid Trade Gains
President Nixon, citing improved U S balance of payments and a strong dollar, ends the interest equalization tax on foreign stock and debt trades. The Treasury Commerce and Federal Reserve coordinated the move, fulfilling a 1974 pledge and easing restraints on U S capital outflows begun in 1963.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
U.S
Treasury Department
U. S
United States
Treasury
Commerce Department
Unemployment Up In Arizona Major Cities
DES official Donald Dunbar reports a 20 percent rise in unemployment checks from November to mid January in Phoenix and Tucson. Estimated recipients include 7,500 in Maricopa County and 2,500 in Pima County, with a 50 percent increase in claims since last Christmas. The state will publish exact figures next month.
MENTIONED IN THIS ARTICLE
Tucson
UPI
Arizona
State Department of Economic Security
Donald Dunbar
DES
Phoenix
Maricopa County
Pima County
Dunbar
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Scottsdale (Az
Daily Progress
New York ‘Stock Exchange
Admiral Cp
Ty Va Aetna Life21
Amt&t
Amstar
Apeco Corp
Se Arms Ck
Assoc Trans
Va AY Richild
Atlas” Corp
Ve “Aveo Corp
Bath&Wil
Baker Oil
Bangor PhD
Bath Ind
Wve
Fds
Beckma
Bell Hwl
Bendix
Vu Benguet Inc
BethsSt
Boeing G
BoiseCas
Borden
Ey BrGrup
Brunswk
Yo Burroughs
Chasem
CocaCol
Cyprus
Detta Air
Dennisn
DetEdis
Diebold
Dresser
Duke P
Marcor
Va McLean
Mead Cp
Merck
Mm&m
Morisco
Monsanto
Motorola
PacPetri
Pan AmAir
Penn Centr
Penney
PennDix
Pennzoil
PepsiCo
Va Pfizer
Pullman
R— Ralston
Raython
RCA Corps
Va, qReading Co
Io Reviow
Robshaw
Rochg
I Rockwll
Rohmh
Rohrind
Royal CC
Royld
S— S'afttewy
Se$o.c
SanderAsso
Schering
ScottPap
Va Sears
Shell Oil
SterraPc
Smithkline
SouthCo
Squibb
Ohio
Tandy
Thiokol
N—M
Thriftyd
Vo Timlin
TraneCo
Va Transam
Ve TranUn
UniCal
UN Pac
Uniroyal
Uaircr
Ve UnCorp
US Indus
Va US Steel
UniTel
Utah
Va Vetco
Victor CC
Bat
Efi A Ee Et Ae
Walgreen
WsBanc
Wa Wunion
Wa Westg el
Wstvac
Weyrhas
WhelPitt Sdl
Whittake Co
Xerox
We Zale Corp
Zayre Corp
Zenith R
Ve Zurn Ind
Wall Street
Standard & Poor’s Corp
Middle East
American Exchange
API
Petro
Banister Lt
We Dixlyn Corp
Vo Dome Petro
Ve Felmont Oil
Finel SB
Frontier Air
Gen Cine
HuskyOl
Kaiser
Lee Ent
Lee Natl Cp
LoewsTh
McCulloh
OKC Corp
Statham Ins
IBCO
Industrial and Business
Communications, Inc
Osborn Road
Scottsdale
Preston
Fred West
West and
Portage Bay
Seattle Yacht Club
Zetha Knox
Europe
Miss Knight
Suntowner
Grand Ave
Sun City
Peace Pipe Room
Lincoln Drive
Wea
Merrill Lynch
Account Executive
North First Ave
Merrill Wynen, Merce, Fenner & Smith Inc
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