Firms are reluctant to commit capital
After years of overcapacity and uncertainty, manufacturers expect capital spending to rise only 6.5 percent to 120.06 billion this year, with 1975 showing little gain. Factors include volatile markets, political risk, changing corporate behavior rules, and cautious lenders. The Conference Board notes rising appropriations in late 1975, though not all funds are spent.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Commerce Department
Conference Board
Arizona Bank Chairman Receives National Distinction
Clarke Bean chairman and CEO of The Arizona Bank is named one of the country's outstanding chief executives by 48 securities analysts for national and state chartered banking. His Certificate of Distinction will be awarded at a New York City dinner tonight at Hotel Pierre. Bean has led The Arizona Bank since 1969 and chairs the BOARD since 1971.
MENTIONED IN THIS ARTICLE
S. Clarke Bean
Arizona Bank
Financial World Magazine
Bean
Pierre
New York City
Scottsdale
Dow Jones Closes Mixed On NYSE With Wide Range
The 2 PM quote shows Dow Jones Industrial Average at 976.62 up 2.12, Transports at 207.06 up 0.39, Utilities at 86.02 down 8.35, and a broad list of NYSE and AMEX issues with varied gains and losses. Absent large shifts, market breadth remains uneven as investors scan late prices and notable movers across sectors.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Indus
Uul
New York Stock Exchange
Arizona
Va AlcanAlu
Alighud
Iric
Wat
Ampex Corp
Andrh
Apeco Corp
Armco
Armco 1.@a 9188 MY 33'2 WW Ve ArmstCk
Asarco
AsniOl
Asdorg
AlRich
AtlasCorp
Avco Corp
Avnetine
BabckWil
Baltge
Beech A
Jaekes Pp
Aristar Inc
Umet Tr
Hemisp Cap
Munford
Northrop
Market Mixed After Short Rally On Tuesday
New York stocks were mixed after a brief opening rally. The Dow Jones Industrial Average rose 2.12 to 976.62 at 2 p.m. while decliners edged gainers overall. The NYSE composite gained 0.11 to 53.44 as the American exchange index fell 0.25 to 103.14 amid political news from Britain.
MENTIONED IN THIS ARTICLE
New York
Harold Wilson
NYSE
American Stock Exchange
Stocks See Wide Fluctuations Across American Exchange Board
Marine and industrial names lead a volatile session with LafyRad and Cinerama notable moves. Prices for Milgo Elect and PanOceanO show gains while Dixilyn and Ozark Air slip amid mixed trading on the New York market.
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New York
Kaisrand
Stock Exchange
LafyRad
MichSug
CertronCp
Milgo Elect
ChampHom
New Idria
Wwe
Cinerama
Va AegisCorp
LoewThewt
Asamera
Ltvcorp Wi
Banstreit Lt
Marindug
Brascan al
Marshalind
Dixilyn
Ee EarthRes
Permaner
Falcons
Phoenix
Gearhart
Shelter
Syntex
GtBasin Pet
US Filtr
WestaisPtl
Xonicsinc
Invoivers A
ZimmrHom
Jamswy
Associated Press
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City Sewer & Water
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