Recession Impacts Businesses as Bankruptcies Rise
The recession drives sharp increases in bankruptcies with 2,177 filings in January and February 1975, up 27 percent from a year earlier, per Dun & Bradstreet. Bowmar Instruments REA Express Daylin Inc. head list of large failures amid ongoing restructuring.
MENTIONED IN THIS ARTICLE
Dun & Bradstreet
U.S
Chicago
H. Stuart Cunningham
Illinois
Rodena Wyant
Bowmar Instruments
REA Express
Daylin Inc
Dow Jones Edges Up In Sluggish NYSE Trading
The Dow Jones rose 5.78 to 758.60 as the day’s trading moderated after a volatile morning. Advancers beat decliners 779 to 535 amid 1,726 issues crossing the tape, with about 16.5 million shares changing hands in five hours. Analysts cited weariness after a heated new year rally and observers awaited a market pullback that failed to materialize.
MENTIONED IN THIS ARTICLE
Dow Jones
Dow
Ford
Congress
Federal Power Commission
FPC
Treasury
William Simon
Pittsburgh
New York
UPI
New York Stock Exchange
NYSE
Delinquency ratio hits record as Christmas spending rises
The American Bankers Association reports eight instalment loan categories show a two month delinquency rise to 3.13 percent, with a 46 basis point increase from a year earlier. ABA notes seasonal effects and consumer debt management despite unemployment. In markets oil prices freeze, and multiple energy firms and others trade with blocks and swings.
MENTIONED IN THIS ARTICLE
American Bankers Association
ABA
Robert L. Jaynes
Jaynes
Stocks Move on Earnings Reports and Debentures
Avery Products slumps after a delayed opening. first quarter earnings likely lower. Minnesota Mining trades mixed as it files 150 million in debentures while noting a brief higher point. W R Grace edges up after 1974 earnings of 4.12 a share versus 2.01 prior year. Walter Kidde rises on fourth quarter earnings of 1.50 a share, up from 0.95. Trading halted briefly to disseminate news. Hercules declines as Bayport Texas plant closes indefinitely.
MENTIONED IN THIS ARTICLE
Organization of Petroleum Exporting Countries
Hughes Tool
Halliburton
Superior Oil
Schlumberger
Phillips Petroleum
Atlantic Richfield
Ohio Standard
Cities Service
Kerr-McGee
Eastern Fuel & Gas
Pittston
Utah International
North American Coal
Sony Corp
S. Ryder System
Fluor Corp
Avery Products
Minnesota
Joseph Schlitz
W.R. Grace
Walter Kidde
Plus
Hercules
Bayport, Tex
NYSE Closing Averages Show Gains Across Indices
At 3 p.m. EST the Dow Jones industrial average rose to 798.37, up 5.99 points. The transportation average stood at 165.52, up 0.98. utilities 80.23, up 0.16. and the overall stocks index 239.84, up 1.50.
MENTIONED IN THIS ARTICLE
Dow Jones
P.m
Indus
Commodity Closings Amid Market Fluctuations
Closing prices from Madda Trading Company show London gold at 180.00 up 2.00, IMM Mar gold 180.70 up 1.02, Apr silver 4.35 up 0.57, Apr platinum 153.50 up 0.50, copper 57.8 down 0. Ib Mar, wheat 3.65 up 0.04, corn 2.80 up 0.10, soybeans 5.39 up 0.20, Apr live cattle 35.27 down 0.10, live hogs 78.20 down 0.17, pork bellies 61.35 down 0.35, fresh eggs 49.4 up 0.8, Maine potatoes 7.55 unchanged, plywood 174.40 up 2.40, cotton 40.38 down 0.07, sugar 28.50 up 0.05. market not yet closed on some contracts.
MENTIONED IN THIS ARTICLE
DanaCo
Dennison
Diebold
Disney
Peppr
Oravo
Dresser
DuPont
Fascoca
New York
Eastern Air
Esmark
Exxon Wah
Wy Faberge
FairCam
Alcoa
FerroCorp
Pat le Fleming
AmCyan
Vo FoodFar
Ya Am Motors
Gannett
Ap Amt&t
Ny Amvetok Ind
Apeco Corp
Fas
Gruman
Boeing
Lon Howards
Idaho
ViCent
Ceres
Vilus NL
Pwr
Imperial Cp
Cessna Ai
INA
Ingxco
Wa-Vo Chasem
Cnomny
Caris Craft
Ata Jas
T&t
Janzen
Cyprus
Madda Trading Company. Inc
Scottsdale
Chicago Mercantile Exchange
London
Maine
Also Mentioned on This Page
American Stock Exchange
Scottsdale (Az
Daily Progress
Kerr
Kidde
Kresge
An Kroger
LTV Corp
Marcortnc
Marsh
Massey
Mayer
McCrory Co
McDond
McGrat
McLean
Mead C
Vas
Merck
Merrily
MGM
Midsou
Vata Wat
Vasa
Bolad We MobilOi
Aliye
Molsco
Moanvaram
Monsan
Sala
Vo Moreska
Motorela
AD A Sa MurpCo
NalAirin
Indusgo Wa
NorfolkWs
NosSiPw
Oaden Crot
Vazo
Omarkin
Owen CF
Owen li
I —Pp
PacGas
Mae
Pac
Penney
Pennpl
PepsiCo
Sears
Cal&d
Voan
Proct &Ga
SouthCa
Sonres
Pse&g
SoPacif
QuakCal
Ayrl
RCA Corp
Ps RepSti
StewWon
Revion
Robshaw
Rockwell
Tandy Corp
Teledyne
StRegis
Timlin
TraneCo
Ia Wa
Transam
Rey
ScollPap
Seagram
Twcfox
Yu— Walgreen
UnCorp
Wat Va US Ind
Whit Con
US Steel
Whittakr
Ma ‘ UniTel
Utah
Utah PL
Xerox Cp
UV Indust
Zale Corp
Zayre Corp J
Varian
ZenithRad
Vetco
Zurn Ind
del Hore
Sapyist Ghurgh Us Corporation
W. Prince Rd
Tucson
Arizona
American Exchange
API
Austral
Buttes
Dixtyn Corp
Fischer
Frontier Air
Husky
Kaiserin
Korhytnd
Lee Ent
Lev Natl
Executive Tax Service
Indivision of
Hirolqseie
Hilton
Paul Shank
the Hilton
In RD
Lincoln DR
P. J. Peter & Co
Thunderbird
Wall Street
E. Acoma Dr
CBOE
AMEX
KEOGH
P. J. Peter
Nasd National Association of Securities Dealers
Sipc Securities Investor Protection Corporation
Jerry Foster
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