Commodity Market Wrap Reflects USDA Report and Inflation Fears
The market sees mixed signals as the USDA Planting Intentions Report tempers futures with cautious optimism. Traders weigh heavy livestock arrivals, potential Indian silver sales, and global inflation at rates from 7.8 to 20.4 percent, with U.S. inflation near 9.41 percent. Indian silver holdings are estimated at up to 5.0 billion ounces.
MENTIONED IN THIS ARTICLE
Fred Schaffer
Bache & Co. Inc
USDA
India
Germany
Japan
U.S
Stocks slip on oil news and rate worries
Stocks edged lower on moderate trading in New York as rising money market rates and oil embargo uncertainty weighed on sentiment. Dow fell to 889.39 late in session, S&P 500 slid to 99.29, with about 1,756 issues trading and more gainers than losers by roughly seven to five.
MENTIONED IN THIS ARTICLE
New York
UPI
New York Stock Exchange
Standard and Poor
Business Briefs Silver joins Dickson marketing staff
Albert L. Silver has joined Dickson Electronics Corporation as marketing manager for microelectronics, overseeing standard Dickson hybrid circuits and custom microelectronic products. He previously led Teledyne Microelectronics marketing and has held roles at Fairchild Litton Westinghouse Hybridyne and Halex.
MENTIONED IN THIS ARTICLE
Albert L. Silver
Dickson Electronics Corporation
Robert W. Lasher
Dickson Microelectronics
Silver
Teledyne
Microelectronics
Los Angeles
Fairchild, Litton
Westinghouse
Hybridyne
Halex
NYSE Closing Quotations Snap Undercuts Incomplete Ticker List
New York Stock Exchange close list shows mixed results with numerous entries having unclear or partial data. Stocks such as Admiral Cp Am Airlines AmT&T Amex Cp Amstor Atlas Corp and AmMetek appear with varied high, low and close figures amid OCR gaps.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
Am Airlines
AmStad
AmStor
Amt&t
Apeco Corp
Wsa
Arms Ck
Ashi
Richild
Atlas Corp
Ave Sur Ve Aveo Corp
Sae
Avnetine
Bab&Wil
Baker Oil
Bangor
Bell Hwl
Bendix
Benguet
Bolse Cas
Borden
We Bourns Inc
Braniff
Bucyrus E119 137 353 44% 35 — A Budd Co 60 3 42 12% 12% 124—% Bulova W
Burlin
Burroughs
Market Snapshot From American Stock Exchange Trading
Readable excerpts show numerous company names and stock figures across sectors. The list includes Petro ArkLaG Brascan Buttes Gas Cal Comptr Cirle K CombEquip Creole P DayMn Dixton Dome Petro Felmont Fischer Pt St Frontier Air Genuine Husky Kaisert Kirbyind Lee Ent Lee NatlCp Loews Mecullch Okla PacNW Rem Ar Sambos Solitron Sound Cp Statham ins STP Cp Syntex Contl Airtn Can ContlOH Contrel ConEd Consm PW210 General Dynamics GoodyrTir Grace Grand Ula Grant W M GIN Niek Gen Dynam Gen Elec GenFood Gen Host Gt Pac Gerber Getty Gillette Goodrle GoodyrTir Gulf States Harrahs Hershey Hess Heinz Hobart Hoffel Inco Inexco IBM Inharv IntNek! IntT&T Iron Jantsen JohnMv JonLogn Jones Jostens JoyMig KaiserAl Kennecot Krafted Kresge Kroger Libby McNI Magnav Mar OMV Monsanto Morisco Mobil Monogram Monsanto MorgJP1"}
MENTIONED IN THIS ARTICLE
Petro
Arklag
Cal Comptr
Carnain
Wu— Dixton Corp
Bat Dome Petro
Felmont
Fischer Pt St
Frontier Air
Wa HuskyOt
Kaisert
Kirbyind
Lee Ent
Lee NatlCp
OKC Corp
Sambos Rst
Statham Ins
Utah Sgr
Vikoa Incor
Ye Wye Enc
S— Ye Yates Indus
CanPac
CerroCorp
Cessna
Chasem
Chris Craft
Colgate
ComSolv
Comsat
Contrel
Bae
A Deere
del Mat
DeltaAir
Dennisn
DiamSh
Disney
van Distil Sea
OrPeppr
DomeMn 1A
Dresser
Duke P
DuPont
Flincity
FlaPwr
FordMo
Fruehuf
GAC Corp
GAF Cp
Gannett
Teves
Getty
Gillette
Goodrle
GoodyrTir
Grace
Ye Grumn
Gult&Ws
Harrahs
Harris
Jantzen
JohnMv
Sir John&j
Vias JonLogn
KaiserAl
Sue
Kcsoin
Kidde
Kroger
LearSieg
Lehpic
Libby McNi
Ligg My
Littin
Lockheed
Etv—Corp
Luken Sd
Macy
McCroy
McDond
McGrEd
McLean
Mead Co
Merck
Morrsk
Commodity closings and price quotations report
Today's market update lists prices for silver gold copper corn wheat soybeans and related commodities. It notes declines for silver platinum copper corn and soy with gains for plywood and several stocks and services, including RCA RepStl and RohmH, among others.
MENTIONED IN THIS ARTICLE
Maine
Wall Street Chatter Predicts Return to Normalcy
Wright Investors' Service of Bridgeport Conn forecasts a progression toward normal conditions with falling inflation and interest rates. They expect stock prices to rise, with the Dow Jones index reaching 1640 by 1978 as rates ease. Inflation may average 3.5 to 4 percent annually in the coming years.
MENTIONED IN THIS ARTICLE
Wright Investors’ Service
Bridgeport, Conn
Dow Jones Averages Fall Amid Broad Market Slide
The Dow Jones industrial average closed at 687.83, down 1.95 points in trading with 14.5 million shares changing hands. The transports fell 1.08, utilities dropped 0.58, and the overall market showed a broad retreat as stocks slipped.
MENTIONED IN THIS ARTICLE
Dow . Jones
Southwest Forest to Buy Russeks Units in Asset Sale
Southwest Forest to buy the operating assets of Russeks subsidiary Fir Ply Inc in a 4.5 million dollar cash deal. Southwest Forest Industries will supply about 1.9 million in cash equivalents and assume liabilities. The sale requires Russeks shareholders approval at the May annual meeting with closing expected soon after. Equity Enterprises Limited holds about 58 percent of Russeks shares.
MENTIONED IN THIS ARTICLE
Russeks, Inc
Southwest Forest Industries, Inc
Southwest
Russeks
Fir Ply, Inc
Medford
Ore
Forest Industries
Phoenix
Ari Louis Klein Jr
Raymond E Baker
Firmly
Russells
Equity Enterprises Limited
Stock Exchange
London
Also Mentioned on This Page
Dickson Marketing
Dave L. Hart
Camelback Manor Drive
Pure Buick-Opel, Inc
United States
Canada
Floyd A. McCracken
Scottsdale
Roberts, Scott & Co., Inc
Mississippi River
California
Arizona
McCracken
Dicate
Goodbody & Co
Motorola Semiconductor Products Division
SPD
Margaret W. Jenkins
East Osborn
W. Louise Rice
Isabelle E. Estreicher
N. 50Th St
American Advertising Federation
San Francisco
Scottsdale Ad Agency
Jim Perry & Friends
Carvin J. Trone Jr
Roadrunner Rd
Paradise Valley
Westgate-California Corporation
U.S. District Court
San Diego
Trone
Allis- Chalmers, Inc
Milwaukee
Wisc
Mike Chernek
Jack Berman Co
Jack Berman
N. Brown Ave
Suite 4
Chernek
Merritt Electric
Patton
Phoenix Advertising and Public Relations Firm
AAF
Hart
Scottsdale (Az
Daily Progress
American Exchange
API
American Stock _Exchange
Heinz
Howard
Howmet
Idaho
IdealBasic
INA
Inexco
InspCop
Bsvn
IBM Cp
Intl Mining
T&t
Va Pwinia
RCA Corp
RepStl
Reviow
Rey Ind
Robshaw
Ye StroMn
StRegis
Sander Asso
LimusCo
Singerc
SmithKline
SouthCo
SoNtRes
Sp Rand
Squibb
St Brndt
Sterlorg
H Tandy Corp
Texaconne
Unocal
Uniroyal
UnCorp
Indus
US Steel
UniTel
Upjohn
Utah
Walgreen
Wark
Zenishr
Zurn'ind
Motorola
MtStTel
MurpCo
Va N— Nabisco
NatAir
Ohio
Okiage
Vo Okiang
OlinCorp
Omarkin
Rckl
Wat Owen CF
PacPetrl
PacPwr
Pot&t
Panhandie
Penn Centr
Penney
PennDix
PepsiCo
Pfizer
PhilaEt
Philipm
PhilPet
Ralston
Wall
Dow Jones
Paradise Valley Patrol
Southwest Forest
Royal Moving Sale
Royal Copiers
Litton Industries
First. ST
Royal Bond Copier
Royal Typewriter Company
First Street
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