Farm subsidies spark clashes over 1975 support levels
The debate in Congress centers on whether to raise farm price supports for 1975 crops. House leaders push higher targets for corn wheat and cotton amid Butz opposition. Poage notes a risk of stalled legislation if targets rise too high. The budget outlook for 1976 reduces subsidies and trims food programs as conservation and sugar quota ends.
MENTIONED IN THIS ARTICLE
Edward Neilan Copley
Congress
House
Rep
W. R. Poage
D-Tex
House Livestock and Grain
Poage
Earl Butz
Senate Agriculture Committee
Senate
Hey
James Johnson
R-Corp
Agriculture Department
Market Dips After Corporate Profits Drop Raises Doubts
New York stock prices fell after the Commerce Department reported fourth quarter corporate profits down 14 percent, the steepest drop in 17 years. The Dow stood around 767, with mixed turns as RCA news briefly boosted GM Ford and Chrysler before trading halted on heavy volume.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
American Stock Exchange
Commerce Department
RCA
Robert Sarnoff
General Motors
Chrysler
Ford
Dow Jones Averages and NYSE Stock Listings Snapshot
New York reports Dow Jones interim averages with declines across sectors. A broad list of NYSE stocks shows varied last prices changes and notable entries across banks, manufacturers, and utilities with mixed performance signals.
MENTIONED IN THIS ARTICLE
Dow Jones
Indus
Commodity Closings From London to Chicago Markets
Todays closing commodity quotes show gold at 176.75 down 1.25, silver 4.23 3/10 down 0.15, platinum 150.50 down 1.50, copper up 1.2, wheat 3.59 up 0.14, corn 2.84 down 0.02, soybeans 5.53 up 0.01, live cattle 38.57 up 0.15, hogs 47.00 down 0.05, pork bellies 67.40 up 1.25, eggs 41.75 up 0.4, potatoes 3.05 down 0.15, plywood 129.40 up 4, cotton 40.93 down 0.05, sugar 0.24 down 0.6.
MENTIONED IN THIS ARTICLE
New York
UPI
New York Stock Exchange
Va Am Airlines
Abrand
Va AmBrest
Acan
Am Motors
Apeco Corp
Armco
Arms Ck
AshinOil
Anricht
Byva
Atlas Corp
Avco Corp
Avnetine
Bath&Wil
Baker Ol
Ve Bangor Pn
AMO
Bath Ind
Beal Fds
Beckmn
Mwa
Vo Bell Hwi
the Bendix
Beth Steel
Black&d
Boeing
Va BolseCas
Ve Borden
Borg
Braniff
Brigss
CanPac
Certnid
Chessie
Chris Craft
Chrysler Cp
Wat
Ve Cin Gas
Mat
Vo Citicorp
CitSiv
Clevel
CocaCol
Colgate
Col Gas
Crane
Crownz
Cyprus
DanAiv
DanaCo
Dart
BlamSh
Diebold
Disney
Dow Ch
We Dresser
Duk Pwi
DuPont
Macmill
Macy
Magnavox Man
Mclean
Mondisco
Motorola
MistTel
Murpco
Va Nabisco
Jae NatAirin
Vo Neng&l
NingMo
NorfolkWs
Ohio
Owens
Pan AmAir
Panhandle
Penn Centre
SingerCo
Penney
SmithKline
PennDix
PennPt
SouthCo
Pennzol
SoPacit
So Rail
Pfizer PepsiCo
So Rand
Pulman
T PurexCo
Va Purotatr
Fandy Corp
Teledyne
QuakOat
Va Ralston
Raython
RCA Corp
TraneCo
Rockwell
Royld
veStroMr
Va Unocal
Schering
Utd
Schiumb
UnCorp
Seagram
US Steel
Sears
ShellOi
UniTet
Sierra Pc
Va UnivsOll
Simnsc
SignalCo
Utah Upjohn Fev
London
AMEX Stocks Mixed Monday Amid Sarcastic Trading Notes
Selected stocks on the American Stock Exchange show varied activity with notable gains for Brascan and Buttes Gas while several firms like Ford and Union Carbide display modest moves. Trading prices and changes reflect a broad intraday mix across energy, industrials, and consumer goods names.
MENTIONED IN THIS ARTICLE
New York
UPI
American Stock Exchange
Buttes Gas
Cai Comptr
Crw CP
Nba
Mo Dixlyn Corp
Dome Petro
Ford Can
Kaiserin
Kirbyind
Lee Ent
AM McCultchOl
Primo Wb
Syntex
Utah
Idaho
Vikoa Incor
Also Mentioned on This Page
EascoCo
Eastern Air
Eastk
EainCo
ElPaso
Eltraco
Esmark
Faircind
Farah Mig
FerroCorp
FsPaCp
FMC Cp
Ge— Gac Corp
GAF Cp
Aw Gam
Va Gannett
Gnaoil
Gen Dynam
Gillette
Global Mar O
Grant
Ve Great A&p
Vo GtWsFin
Gryhd
Gruman
Gulf OU
Gulf Stu
Gulf &Wsla
Hercules
Hershey
Idaho P
IdealBasic
Imperial Cp
INA Cp
Inexco Oil
Ing Rad
InspCoppr
IBM Corp
Tek Corprtn
Jantzen
Jeff Pllot
JohnMv
John&j
A JonLogn
Jostens
Kancso
Va Krafico
Kresge
Kroger
Libby MeNi
Llag
Lockheed
LoewCp
Lone Sind
Lonesg
LTV Corp
Lucky St
LukaStl
Lykesy
Wwe
Xerox Cp
ZaleCorp
Zayre Corp
ZenithRad
Zurn Ind
Hewlt
Hilton Ht
Hobart C
Hoff Electn
Hol Tins
Homstake
Howywt
Houslp
Howard
Howmt
Utahpl
UV Indust
Wwa
Varian
E Vendo Co
Ata
Vetco
U Victor CC
bVa
Elec
Walgreen
Vo WarLam
WsthAér
WsBanc
WuUnion
Westh el
Whittake
Madda Trading Company, Inc
Scottsdale
Chicago Mercantile Exchange
American Exchange
Arizona
Phoenix
P.T. Neely
Dick Lynch
5Th Ave
Bob Newman
Investment Consultants
N.Y
Dancause Investments
P.W. Dancause Corp
Third Ave
Daily Progress
Executive Tax Service
Cus Bloge
Carecreak Rd
Carefree Dr
Carefree
Joe Vaccaro
Assoc