Wall Street Erodes People’s Capitalism as MIP Fades
AP analysis notes the Monthly Investment Plan ending and a drop in direct shareholders from 30 million in 1970 to about 25 million. Institutions dominate trading as brokers urge cost savings on small accounts. Indirect ownership via pension funds grows while individual participation wanes.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Stock Market Monthly
The
Wall Street Journal
America
Europe
Japan
Wall Street
Arizona Ambassadors Advisory Committee Plans Tourism Campaign
A volunteer group promoting Arizona tourism will hold a workshop Tuesday in the State Capitol eighth floor conference room at 1700 W. Washington. The Ambassadors Advisory Committee will meet at 0 a.m. to map a statewide tourism campaign and discuss a slogan.
MENTIONED IN THIS ARTICLE
Arizona
State Capitol
Washington
Dow Jones Averages and Selected NYSE Prices
Dow Jones averages posted mixed late trading with the industrial index at 1,001.97 down 1.49, transport at 209.58 up 0.04, utilities at 87.26 down 0.04, and the broader stocks at 304.94 down 0.31. The report lists several company prices with varied highs and lows and last trade figures amid a turbulent trading session.
MENTIONED IN THIS ARTICLE
NEW York (Ap
Dow Jones
Indus
New York Lock Exchange
Stock Market Settles Back In Light Trading
New York reports light trading as the Dow Jones average slips 1.49 to 1,001.97. Leading indicators rose 0.8 percent in February, the fourth consecutive monthly gain, but January’s rise was revised down from 2.2 to 1.5 percent. Woolworth led volume with a 4 point gain to 25 dollars after strong quarterly earnings. The NYSE composite index fell 0.07 to 54.80.
MENTIONED IN THIS ARTICLE
New York
Commerce Department
F.W. Woolworth
NYSE
Commodity Closings From Madda Trading Company Report
London gold at 129.00 down 1.50 per oz. IMM Mar gold 132.80 down 0.80. Apr silver 3.997/10 down 0.64. Apr platinum 135.60 down 1.10. May copper 61.7 cents down 1.1. May wheat 3.79 down 0.06. May corn 2.65 down 2.34. May soybeans 3.68 down 0.06. Apr live cattle 38.60 down 0.07. Apr live hogs 45.25 cents down 0.07. Apr pork bellies 68.10 down 1.42. May fresh eggs 44.65 down 0.45. May Maine potatoes 13.85 limit down 1.00. May plywood 153.80 down 0.20. May cotton 57.12 down 0.6. May sugar 14.25 down 0.46. Market not closed on above items.
MENTIONED IN THIS ARTICLE
Arizona
CravHi
Crown Cork
Curtis
AltisChal
Alcoa
Dartind
Hess
Deere
Airlin
la Delta Air
Brnds
Dennys
Ameipw
DillonCo
Am Motors
Peppr
Amt&t
MP Inc
Eas
Air Lin
Apecs Corp
Wat
Echlin
Arms
EltraCp
Jbla
Asarco
Ta Ve Emere
AstlOil
Enserch
Asddrg
Esmark
Anrich
Ethyl
Atlas Corp
Ava Evans
Exxon
Avco Corp
Avnetine
FairCam
Fairind
BabckWil
Adsa Va Beker
Bendix
Va Boeing
Boise Cas
Finkin M
Borden
BorWar
GamSk
BucyEr
Bulova
le GenEl
Va Bank Rama
GenHos
Cadence Ind
Genesco Inc
Gerber
CassiCk
CBS
Gouldin
Cessna Air
Chessie
Gulf Oil
Chris Craft
Chryster
Clarke
le Hallibrin
Va Civen
A Harris
CacaCel
Baha
Hewlick
India
Reyntn
al Wa
Roy
Donalds
Ryder Sys
Raver MeadCp
Safewy
Merck
Tata
Penney
PaPwtl
Wa Wet
Phil Morr
Philips Ind
Searleg
Sony Corp
Publickr Ind
Wat Pueblo
London
Maine
Also Mentioned on This Page
Business Mirror
Stock Exchange
New York Stock Exchange
Impicpa
InindSd
InNick
jowaBl
Ly Trek Corp
telCorp
de Jewelc
Kaisr
Kangel
Kaly Ind
Krafico
Kresger
Levitz Furn
Va Ltv Corp
OilInd
U— Ma Unie Brands
Ind
Texaco
Texsgif
Wachova
Texans
Warnerl
WasWa
Wesige
Whittaker
WillmsCos
VAL Inc
Winnebago
XeroxCp
UnoCat
Federal Land Banks
Valley National Bank
Federal Land Bank Fiscal Agency
Federal Land Bank
Eleanor Arner
Scottsdale
F.d.lc
SCOTTSDALE/SUNBURST HOTEL
N. Scottsdale Road
J. Milton Newton, Inc
Financial Center
North Central Ave
Phoenix
Zip
Daytona Beach
FT Lauderdale
Houston
J. Ailton Newton, Inc
Madda Trading Company, Inc
Chicago Mercantile Exchange
American Exchange
American Stock Exchange
Aegis Corp
Vnida
Asamera
BansirCl
Brascan
Wis Via ‘E Brewery
Buties
Essex
Frontier Au
Gearnar
Goldfield
Hormel
Husky
Instrum Sys
Je'ronic Indam
Kaisrind
Idria
Newpark
PanOcean
Phoenix Si
Westars Ptl WyleLab
Xonics Inc
Associated Press
Business
Scottsdale (Az
Daily Progress
Mon
Sartapr
ATIF
Tempe
Scottsdale Road
GMC
Chuck Merino
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