Stocks end lower as mid day rally fades on NYSE
Investors turned aside a mid day rally and stock prices turned irregular on the New York Stock Exchange. The Dow Jones fell 2.89 to 850.99 while the S and P 500 rose 0.20 to 92.42 and volume neared 13.6 million shares. Oil stocks led gains amid reports Arab funds may flow in.
MENTIONED IN THIS ARTICLE
New York
UPI
New- York Stock Exchange
Dow
Standard & Poor
American Exchange
Murphy Oil
Exon
Atlantic Richfield
Phillips Petroleum
Ohio Standard
Natomas
Mobil
NYSE Closing Quotations From a Turbulent Trading Day
New York stocks end mixed as traders digest mixed corporate results and market forces. Major names including IBM, Exxon, and General Electric show varied moves while overall volume remains steady amid shifting investor sentiment.
Dow Jones Averages Close Lower as Trading Totals Decline
The Dow Jones industrials fell 2.82 points to 851.06 and the transportation average dropped 0.62 to 175.83 while utilities rose 0.93 to 78.22. The 65 stocks index slid 0.34 to 259.84. turnover reached 13.62 million shares.
MENTIONED IN THIS ARTICLE
Dow
Jones
Wall Street Chatter Says Market Needs News to Move
UPI reports mood contrasts as investors focus on Watergate tapes over tickers. Transportation group gains on strength in Tuesday trading despite a railroad rate hike denial, while fears of monetary restraint linger. Chase Manhattan Bank foresees 1974 as a recession year with real GNP falling in early quarters and wage hikes rising.
MENTIONED IN THIS ARTICLE
New York
UPI
E. F. Hutton &Co
Interstat Commerce Commission
Transportation Group
Chase Manhattan Bank
Commodity closings from July to plywood prices
Closing quotations show July petnine at 237.50 up 6.70, May Line 1.377 up 2.2 cents, May corn down 5% cents per bushel, May meat 3.72 up 3 cents, May soybeans 5.48 up 9, June live cattle 42.97 up 4 cents cwt, June live hogs 32.30 down 30, June fresh eves 38 up 1.60, May Maine potatoes 14.51 down 48 cents cwt, May cocoa 1.07 up 30 cents per pound, May coffee 0.71 up 0.30, May plywood 123.50 up 8.50 per thousand sq ft.
MENTIONED IN THIS ARTICLE
Hobart C
Pennzoil
PepsiCo
Pfizer
PhilaEl
Ye Howardj
Ye Philipm
Howmet
PhilPet
Pillsbry
Va Idaho P
Puscol
Inexco
PSERG
Ing
Pulimani
InindSt
Va InspCop
IBM Cp
InHaryia
Ya QuakOat
Ralston
T&f
Revion
Jeff Pilot
Rey Ind
Rey
John&Jn
JonLogn
Rockwell
Joy Mfg
Rohmh
Pe Cae Gaia Te Mar Bs
Rohr Ind
Mama Kaiser al
Royal CC
Wa Kcsoin
Kayser
stRegis
Sander Asso
Ya Kénnecot
Va WY
Wit
Kerr Mc
Va Kidde W
Var Schering
Va Kim Cl
Va Schlumb
Tass
KLM
e+ Va
Scmcrp
Ye Sontres
Wat
Tt— Marcor
Tandy Corp
Va MarMid
Teledyne
Teneco
VayMarter
Texaco Inc
Ye Texetr
Txgast
Maytag
Ye Texinet
McCroy
McDond
Teruhit
Va McGrEd
McGr HI
Textron
McLean
Thiokol
Mead-Co
Thriftyd
Merck
Timlin
MGM
TraneCo
Transam
Mm&m
MH TranUn
Mohsco
Monson
Morrsk
AIM MtStTel
UN Pac
MurpCo
Uniroyal
Eae N— UtdAirers
Nabisco
US Steel
NatSteel
Tob
Natomas
Ye UniTel
Walgreen
Ohio
OlinCorp
WsBanc
Ye Wunion
WhelPltt Sd
Whirpool
Ya Whittakr
Ys Wickes
Pan Am
Penney
Zayre Corp
PennDix
Zenithr
Pennpl
Fred Schaffer
Bache & Co. Inc
Maine
American Exchanges End of Day Quotes On NYSE AMEX Screen
A snapshot of closing figures from the American Stock Exchange in New York shows various stocks with their high low and close. Names like Buttes Gas, Dome Petro, Frontier Air, Husky, and 3M appear among others with mixed gains and losses in late trading.
MENTIONED IN THIS ARTICLE
New York
API
The
American Stock Exchange
Carnain
Dixlyn Corp
Ya Dome Petro
Frontier Air
Va Gen Cine
OKC Corp
O Okie
Solitron
Va Statham Ins
Utah
Arizona construction hits record in 1973
Arizona builders put in over $2 billion in 1973 with total construction work in place and a 14 percent rise in employment to about 62 400. Permits were lower than 1972, but many unfinished jobs carried over. Federal expenditures dominated the state's income with Defense, HEW and Social Security grants, highlighting federal impact on Arizona's economy.
MENTIONED IN THIS ARTICLE
Arizona
Progress
Valley National Bank
Valley Bank
Joe Charnesky
VNB
Department of Defense
Department of Health, Education and Welfare
Perini Corp. Acquires Mardian Construction in Phoenix
Perini Corp. of Boston buys Mardian Construction Co. of Phoenix, a subsidiary of Mardian Industries Inc. Dan Mardian says the deal opens growth in the Southwest while David B. Perini cites the firm’s reputation and management as reasons for the acquisition. No personnel changes announced. terms not disclosed.
MENTIONED IN THIS ARTICLE
Phoenix
UPI
Mardian Construction Co
Mardian Industries Inc
Perini Corp
Dan Mardian
Mardian ™ Construction Co
Southwest
David B. Perini
Arizona
Perini
APS Pays Six Million in County Property Taxes
Arizona Public Service Company, a large-state taxpayer, paid 10,075,374 for the second half of 1973 property taxes to treasurers in 12 counties. APS 1973 ad valorem payments in Arizona total 20,133,862, with Maricopa County receiving 12,357,195 and the county second-half payment 177,130.
MENTIONED IN THIS ARTICLE
Arizona Public Service Company
Arizona
Maricopa County
APS
Operty
Mobley resigns as Boca Grande president takes new role
Larry W. Mobley resigns as president of The Boca Grande Corporation effective May 15, and will become exclusive franchised sales agent for the East Texas Division. Mahley joined as project manager in December 1970, promoted to VP in July 1971, and has served as president since May 1872. The group owns Baja Grande-Colorado leisure living contracts and Angel Fire New Mexico listings.
MENTIONED IN THIS ARTICLE
Boca Grande Corporation
Arizona-Colorado Land and Cattle Company
Larry W. Mobley
Fective
Mobley
East Texas
Mahley
Baca Grande Corporation
Mny
The
Baca-Grande-Corporation
Baja Grande-Colorado
Angel- Fire
New Mexico
First Federal Savings Names Four New Branch Managers
George E. Leonand announced four new branch managers for First Federal Savings a 27 branch statewide network. Larry Foster moves to Christown. Nancy Bowman takes Los Arcos. John Long Jr. to 44th Street Camelback Road. Scott Kemp fills the remaining post. Bowman previously led the Statesman’s Club in Sun City and joined as a teller 12 years ago. Long arrives from South Mountain Yuma and home offices after service as a U S Army Intelligence officer.
MENTIONED IN THIS ARTICLE
Sata Tagigngts
First’ Federal Savings
Los Amons
George E. Leonand
Larry R. Foster
Nancy R. Bowman
John D. Long Jr
Scott Kemp
Foster
Association
Los Arcos
Christown
First Fedéral
Bowman
First ‘Federal Statesman’s Club
Sun ‘City
44Th Street
Camelback Road
John Long
South Mountain
Yuma
Home
First Federal
Long
U.S. Army
Also Mentioned on This Page
Scottsdale
New York Stock Exchange
Pethds
AlcanAl
AlliedCh
AlliedSt
Allis Cha
Ea ‘Aldon
Am Airlines
Ametex
Amstar
Apeco Corp
Richfid
Atlas Corp
Avco Cocp
Bath&Wil
Ib Baker Oil
Hh _ Bangor Po
Bath Ind
Fds
Ms Beckmn
Bell Hwl
Bendix
Borg
Bourns Inc
Braniff
BrGrup
Brunswk
Va Budd Co
Bulova W
Se Burroughs
CerroCorp
Cessna
Chessie
Chris Craft
Chrysir
Citicorp
Colgate
Contr
Curtiss
Cyprus
DanRivr
Dana
Deere
Va Delta Air
Dennisn
DetEdis
DiamSh
Diebold
Disney W
Va DistilSea
Dresser
Va Duke P
DuPont
Duqnel
BascoCo
Eamepe
ElPas NG Lg
Eltraco
Emer el
Va Exxon
Faberge
FairCam
A Fairind
Eairmie
Farah Mfg
Va FerroCorp
Ve Firestone
FsPaCp
Fleming
Elintkot
Va. FlaPwr
FMC Cp
Ve FoodFar
FordMo
Freptm
Gannett
Gn Steel Ind
Getty
Gillette
Goodric
Goodyrssh
Grace
Grand U
Reike Grant W
Gt A&p
Tis Ae
Gimek
Amte— Vo -GtWsFin
Gt West UN
Gia
Grumn
Gulf&Ws
Harrahs
Hercules
Hershey
Heublein
Hewitt
Hilton
Wall Street
Argus Research Corp
Federal Reserve
Phoenix Metropolitan Area
Comm
Industral
Tucson
Comm. & Industrial
Mardian Co
Land Company
Pore
Guess
Marquis Business Park
Maple Dressers
INC
Hayden Road
Ars
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