Stocks close higher amid modest gains in New York
Stocks rose modestly in moderate trading led by the Dow up 4.46 to 891.58 and the S P 500 up 0.42 to 99.57 as 1,761 issues traded, with 7 gainers to 5 decliners and about 17 million shares changing hands. Oil ministers from nine Arab states began talks in Tripoli on possible oil embargo relief. Avis, Inc. shares posted a strong session gain.
MENTIONED IN THIS ARTICLE
New York
UPI
Standard & Poor
Tripoli
United States
American Exchange
Avis, Inc
NYSE Close Lines From a Turbulent Trading Day
Selected stocks on the New York Stock Exchange closed with mixed gains and losses led by prominent firms such as Allied, Exxon, General Electric, and IBM. The report lists numerous price changes and percent shifts across sectors, highlighting market volatility and investor activity in late trading.
Stocks mixed on American Exchange trading session
Selected issues on the American Stock Exchange showed varied results with Petro, ArkLaG, and Circle-K among notable movers. Trading ranged from low to high with many stocks posting double digit percentages and several near daily highs or lows.
Wall Street Chatter Forecasts Market Fluctuations
UPI reports analysts from E F Hutton and Wiesenberger Services caution the market is not weak but not as strong as recently. They predict possible large declines before a primary low, with Dow Jones near 700 and S P 500 around 82, implying up to 20 percent capital losses from March levels.
MENTIONED IN THIS ARTICLE
New
York
UPI
E.F. Hutton & Co, Inc
Wiesenberger Services, Inc
Dow’ Jones
Standard & Poor
CARB-MISER Co Box 2655 Capistrano Beach Cal
Box 2655 Capistrano Beach California 92624 listed with street address 3445 Via Gomez.
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The
Capistrano Beach
Cal
Gomez
Dow Jones Averages Rise as Volume Tops 16 Million
Dow Jones closing averages show gains with 30 Industrials at 891.58 up 4.46, Transports 196.84 up 0.38, Utilities 94.10 up 0.19, and Rails/Stocks index at 282.49 up 1.06. Trades totaled 16,280,000 shares.
MENTIONED IN THIS ARTICLE
Dow Jones
Indus
Commodity closings and price quotations
Closing commodity price quotations from Fred Schaffer of Bache & Co Inc include May silver at 5.69 up 0.03, April platinum 215.00 down 3.50, May copper 1.13 Tb unchanged, May corn 3.05 up 0.01, May Wheat 5.32, May soybeans 6.51 up 0.09, April cattle 44.40 down 0.65, April ses 36.20 down 0.65, April ses 51.90 up 0.40, May Maine potatoes 15.45 down 0.35, May cocoa 69.50 up 0.02, May coffee 72.60 up 0.005, May plywood 139 thousand sq ft unchanged.
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UPI
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Maine
Scottsdale firm Dickson Electric sold to Siemens unit
DEC Corp. Dickson Electronics, a 14 year old Scottsdale operation with plants in Mesa and Agua Prieta Mexico, was bought by Siemens through Siemens Capital Corp. for 8.7 million dollars. Shareholders will receive 13 dollars per share. The company will change name to DEC Corp. but keep operations, staff, and locations for now.
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Dickson Electronics Corporation
DEC Corp
Siemens
West Germany
U.S
Siemans Capital Corp
Dover
Delaware
Dickson
Don Dickson
Scottsdale
Dickson Electric
Dick Rudolph
Motorola to Sell Home TV Receiver Unit to Matsushita
Motorola Inc agreed to sell its home television receiver business to Matsushita Electric Industrial Co Ltd of Japan. The sale includes the Franklin Park Pontiac and Quincy Illinois production sites with Motorola to run the Quincy plant for two years. Other Motorola units remain unaffected and proceeds fund the remaining operations. The deal awaits final contract terms and Japanese government approval with expected closing in April.
MENTIONED IN THIS ARTICLE
Motorola Inc
Matsushita. Electrical Industrial Co
Japan
Pontiac
Quincy
Illinois
Motorola
Valley National Bank launches Guaranteed Deposit service
Valley National Bank begins offering Guaranteed Deposit in the Phoenix metro area after a year of testing in Sun City and Mesa. The program auto-deposits monthly Social Security checks into a customer's checking or savings account on the exact day, even if they are traveling.
MENTIONED IN THIS ARTICLE
Valley National Bank
Phoenix
VNB
Sun City
Mesa
Tempe
Glendale
Carefree
Cave Creek
Electric railroad to be dedicated in Page ceremony
The nation's first 50 kilovolt electric railroad will be dedicated Friday in Page. The Black Mesa & Lake Powell Railroad runs 78 miles from the Kayenta Mine to the Navajo Generating Station and is fully automated in three locomotives. SRP General Manager Rod J. McMullin will preside as master of ceremonies. Participants include Arizona Public Service Co., Los Angeles Department of Water and Power, Nevada Power Co., Tucson Gas & Electric Co., and the U.S. Bureau of Reclamation.
MENTIONED IN THIS ARTICLE
Page
Arizona Public Service Co
Los Angeles Department of Water and Power
Nevada Power Co
Tucson Gas & Electric Co
U.S. Bureau of Reclamation
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