Credit policy and gold rise in stock outlook notes Kekish
Harris Upham chief economist says Fed restraint likely given high rates and tight liquidity. Richard Russell foresees gold as a temporary fix for liquidity, while Value Line flags 1974 profits near flat with some industriesdown. Mining metals and energy sectors lead gains. short-interest ratio sits near 1.50.
MENTIONED IN THIS ARTICLE
Copley News Service
Bohdan Kekish
Harris, Upham & Co
Federal Reserve Board
Dow Theory
Richard Russell
Aa & Z
Gerald’ Appelin
Zapata, Sprague Electric
Hal Marlow
Hornblower & Weeks-Hemphill
Noyes
Widowhood as a financial planning issue in Arizona
W widowhood appears highly probable for Arizona women with 11.8 percent widowed and 71.6 percent of those over 75. Bowler of Pioneer Western urges early budgeting, mutual funds and insurance planning, noting young widows face college costs and full time work to cover expenses while plus-65 widows have different but parallel challenges.
MENTIONED IN THIS ARTICLE
Arizona
W. Scane Bowler
Pioneer Western Corporation
Pioneer Western
Western Reserve Life Assurance Company
Pioneer Group of Mutual Funds
Bowler
New York Stock Exchange closes with mixed quotations
Trading ends with mixed results as leaders and losers populate the close. Major issues such as RCA, Exxon, and Standard Oil show varied movement while smaller utilities and banks post modest gains or declines. Investors watch for inflation signals and policy clues amid volatile markets.
Wall Street Chatter on Funds and Stocks
Wall Street chatter notes the ten year fund average up 40.64 percent to June 28 while the S P 500 gains 5.26 percent with no dividends. Of 534 funds, 17 rose in 1974's first half amid caution about short term rates and stock price softening.
MENTIONED IN THIS ARTICLE
New York
UPT
Standard & Poor
Steiner, House & Co
Dirmi
Fraser Management Associates
Burlington
Wrights Investors’ Service
Bridgeport
Conn
Rolls-Royce dentures aid denture wearers in London
A British dental journal report says 100 people who often broke their false teeth now have no trouble after being fitted with experimental dentures reinforced with carbon fiber developed by Rolls-Royce for jet engines.
MENTIONED IN THIS ARTICLE
London
UPI
Rolls-Royce
British Dental Journal
Rolls- Royce
Commodity closings from market quotations
Today's closing commodity price quotations show London gold at 140 and up 6.50 per ounce. July silver 4.42 and up 0.30. July platinum 187.50 up 4.50. July copper 86 down 0.4. July wheat 4.56 42 up 0.20. July corn 3.16 up 0.10. July soybeans 6.41 2 up 0.20. Aug live cattle 45.57 up 1. Aug live hogs 37.80 up 0.25. Fresh eggs 46.90 up 0.01. Nov Maine potatoes 4.80 up 0.10. Dec contion 53.60 down 0.25. July plywood 107.10 down 5.0.
MENTIONED IN THIS ARTICLE
Atierok
As Amf
Ampex Cp
Amstar
Anacon
Apeco Corp A
Armco
Arms Ck
Bath Ind
Fds
Ly Recknin
My Bendix
Baguet
Boeing
Cessna
Champinth
Chessie
Chris Craftt
Daco Carysir
Cin Gas
Jae Citicorp
Colgate
Col Gas
Crun
Curtiss
Cyprus
DanRive
Diebold
Disney
Va Distit Sea
Dow
Dresser
Duke P
DuPont
BascoCa
Eastern Air
Exxon
Faberge
Wa FoodFar
GAC Corp
Bleavs Dy Gam Sk
Ga Steél Ind
Getty
Gillette
Ma Goodric
GoodyrTir
Race Wiltz
Gulf Stu
Gulf&Ws
Harrahs
Harris
Tale HeclaMin
Heinz Ht
Hercules
Hershey
Heublein
Yao
Ewl! P
Hobart C
Howardj
Idaho
Poe
IdealBasic
Kerr Mc
Libby McNi
Lockheed
Marter
MayerOs
Ig Maytag
McCroy
Ay McCond
McGr Hi
McLean
YN Mead Cp
Merck
MGM Viab
Mid
Mm&m
Monsco
Monsan
NorfolkWs
OgdenCp
Ohio
Olin Corp
Owen CF
Owen
Fe Pac Pwr
T&t
Vale
Pan Am Air
Penn Centr
Penney
PennDix
Pennpl
Pepsico
Pfizer
PhilPet
Pilisbry
Ave— Pitney
Fred Schaffer
Bache & Co
London
Maine
American Exchange Close on New York Market
Selected stocks on the American Stock Exchange finished the trading session in New York with notable activity and closing prices.
MENTIONED IN THIS ARTICLE
NEW York
API
American Stock Exchange
Dow Jones Averages Close Mixed With Declines
The Dow Jones closing averages show a drop across indices with the industrials down 21.20 to 770.57 and transportation off 4.64 to 152.12 while utilities slide 1.67 to 67.48 and the overall 65 stocks index at 231.09, with 10.91 million shares traded.
MENTIONED IN THIS ARTICLE
Dow Jones
Indus
Stocks plunge on NYSE amid rate fears
Stocks fell Monday on the New York Stock Exchange as higher interest rates and Federal Reserve policies weighed on sentiment. The Dow Jones shed 22.76 to 769.01, the S&P 500 declined 2.74 to 80.92, with declines leading advances 10 to 1 among 1,803 issues and about 16.1 million shares traded.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
Federal Reserve Board
Standard & Poor
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Heb de Rem
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