Market flirts with 1000 point mark as odds shift
The Dow Jones shows repeated near misses to 1000 points with a retreat to 987.64 after touching 1003.31, signaling investors tire of the flirt and focus returns to fundamentals amid evolving economic data and analyst forecasts for a gradual improvement.
MENTIONED IN THIS ARTICLE
New York
Brazil challenges U S in world soybean markets says USDA
A USDA Foreign Agricultural Service report notes Brazil has matured as a soybean producer with output rising from 5 million metric tons in 1973 to about 11 million in 1976. Brazil’s exports have expanded into Europe and Asia, year round, challenging the United States as the top exporter while U S production remains at 41.4 million tons last year.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department Today
Brazil
U.S
Europe
Asia
Joseph Somers
Foreign Agricultural Service
Usda Agency
United States
Somers
NYSE Dow Jones Quotation Snapshot With Mixed Results
An across the board list shows myriad tickers with varied gains and losses at 2 p.m. on the New York Stock Exchange. Major names including BuddCo Haliburn and Bulova appear among fluctuating quotes while the Dow Jones averages reflect mixed movement amid shifting prices and last trades.
MENTIONED IN THIS ARTICLE
BuddCo
Bulova
Qoe Halibin
Ta Bank Ramo
la Harris
Burlind
HarteHk
Meg BuriNo
New York
Indus
Costick Gob
Nas
Abia
CessnaAir
NEW York (Ap
Casem
Talos Avinagi
Weit Chessie
MenindSti
Citicorp
Inwick
Arizona
Reece Ooe Sealide
Laea Ae
Jenmant
Ayia Disyea
Comed N
Coopind
AmCan
AmHome
Crown Cork
ChaZel
Kresges
Wo Am Motors
JQ Cuftiswr
Kroger
LL — DartInd
AmStand
Sn LearSieg
Dr Amtbt
Deere
Apeco Corp
Dennys Ba
Ba ArmstCk
Ty DillonCo
Lockhd Airc
Disney
JO — Asarco
Loews
Atlas Corp
Dresser
CTV Corp
Tore” LuPont
EastAirtin
Btn
fAgemilt
Eaton
Bendix
Mayer
Benguet
Qiao
BethSti
FairCam
Borden
BS Ve Merck
BorWar
MGM Ir
Monsan
MorNor
Motorola
Ford
New York Stock Exchange ForMck
Ernkinm
Ma NatAiri
GamSk
GaFood
Aileen Ngaro
Genesco
Soar Fryeres Gillere
uPs Global Mar
Cig Pa Goodrty
Amer Hentty
Goodyr
Diodes Inc
Gouldini
Gouldinc
GrGiant
GuitOu
FDI
Commodity Closings Report From Madda Trading Co
Overview of daily closes across multiple commodities from London gold to May cotton and sugar. Highlights include London gold at 133.70, IMAM gold at 134.20, copper 61.2c a pound, wheat 3.632 a bushel, corn 2.6334 a bushel, May cotton 59.9c a pound, and sugar 14.51c a pound. Market notes mention price changes and a note that markets remained open.
MENTIONED IN THIS ARTICLE
London
Imam Mar
Maine
Market Comments Warfare dulls gold's glitter
The piece surveys how African warfare from Mozambique to Angola could affect South African gold mining and world markets. Experts like Richard Russell warn of stability risks for SA producers while North American gold stocks may benefit. Analysts suggest holding SA golds and watching markets for bottoming signals as some see potential upside amid uncertainty.
MENTIONED IN THIS ARTICLE
Helen L. Call
Copley
Mozambique
Angola
South Africa
Richard Russell
Dow Theory Letters
Russell
Campbell Red Lake
Dome
Homestake
C. Austin Barker
Hornblower & Weeks
Hemphill-Noyes
East Coast
Barker
Mike Oliver
New York
E.F. Hutton
Oliver
Yale Hirsch
Smart Money
New Jersey
Hirsch
Wall Street
AMEX
Automatic Radio
Brooks Perkins
Cablecom General
Dataproducts
Dynalectron
Modern Maid
Douglas Macmillan
Reynolds Securities
Dow
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John Cunniff
Business Mirror
USDA
Scottsdale
DOW- Jones
Martapa
New York Stock Exchange
Dow Jones
Va NewPw
Niamp
Indi
NorfikWn
Norris
Ny Noaphi
Va Nor Ngs
Northrp
NwstAil
Norton
NorSim
OhioEd
Omark
He OrisElv
PacPetri
PanAm Air
Panep
Pasco
Penn Cent
PenDix
Penney
PaPwLt
Pennzol
PepsiCo
PhilMorr
Pitney
Pueblo
Ralston
Raytheon
RCA
Reinin
Ma Thioko
Royld
Ryder Sys
TimeMir
Timlin
Va SatewyStr
Todd Shipyd
Ee Va Transam
L' Ual Inc
UMC Ind
Amithkline
Song Corp
UN Tech
Va 3Careg
a+ Ve UniTel
UOP
Sonres
Upjohn
Utah
Sperry R
Va Varian
A Vetco
Va StBrand
Vaepw
StdOnCal
Stou Ind
Tektronx
Whittaker
WillmsCos
Telex Cp
Tenrco
Winnebago
Texaco
Scottsdale Road
Tempe
Madda Trading Company, Inc
Chicago Mercantile Exchange
American Exchange
Raisrand
Stock Exchange
Aegis Corp
Am Petrof
LTV Corp
Asamera
Ae Marindug
BansirCi
Marshal Indo
E— Va
Newpark
NorCdn
Ozark Air
Va Dillard S
Ryan H
Frontier Air
Gearhart
TerrCa
Goldfield Cp
Vo Gt Basin Pet
US Filttr
Huskyo
Vikoa Inc
Instrum Sys Whels
WyleLab
Xonics Inc
Jetronic Ind
Zimmr Hom
Juniper Pet
Associated Press
BUD Beck Pontiacs
Paymore
JSG
Chuck Merinc
J. Mitton Newton, Inc
SCOTTSDALE/SUNBURST HOTEL
N. Scottsdale Road
Lee Carn Mae Bip Iyer
Milton Newton, Inc
Bonds Financial Center
North Central Ave
Phoenix
Business
Daytona Beach
FT. Lauderdale
Houston
Sonville
Miami
Orlando
ST. Petersburg
Tampa
Tucson