Arizona economic garden shows growth tainted by weeds
Dr. Harold Fearon of Arizona State University cautions that while April data show rising production employment and inventories, softening new orders and high prices plus delivery problems threaten the economy. He warns inflation remains the key challenge and price hikes may surge as controls lift.
MENTIONED IN THIS ARTICLE
Arizona
Harold Fearon
Arizo State University
the Purchasing Management Association of Arizona
Fearon
ASU
What merit of options in the stock market explained
Judith G. Rhoades outlines how options function in two markets the Chicago Board of Options Exchange and the OTC market. The article defines a call option, explains its periods and dates for board and OTC trades, and lists reasons investors use calls for speculation protection and leverage.
MENTIONED IN THIS ARTICLE
Judith G. Rhoades
Chicago Board of Options Exchange
Mr. Smith
Mr. A
Stock prices rise modestly on quiet NYSE trading
Stocks were mixed as inflation and higher interest rates cooled investor conviction. The Dow gained 3.52 to 850.67 while the S and P 500 rose 0.17 to 91.63, with decliners ahead of advances by seven six. About 11.8 million shares traded, above the prior day.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
Standard & Poor
New York Stock Exchange Closing Quotations Summary
Readable excerpt shows executives and companies trading on the NYSE with price ranges and percentage changes. Firms named include Air Prod Alcan Alcoa Amex AmBankers AmOth numerous equities listed with highs lows and close figures reflecting market activity in late trading.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Market poised for major bull move as rates deter buyers
UPI reports E. F. Hutton notes a sold out market with volume sluggish and rates high. Blue chips outperform other issues, signaling quality stocks could lead a new broad advance. The Predictor of West Hartford says the market nears end of a leasing phase and shift to a major bull movement.
MENTIONED IN THIS ARTICLE
New York
UPI
E. F. Hutton & Co
West Hartford
Dow Jones Averages Report Edges Up
Dow Jones closing averages rose across sectors with the 30 industrials at 859.99 up 3.84, transport index at 172.93 up 0.23, utilities at 78.44 up 0.44, and the 65 stocks composite at 208.84 up 1.00. Volume traded was 11.85 million shares.
MENTIONED IN THIS ARTICLE
Inste
GenMill
Gerber
Getty
Gmodcic
Ve. Goodyrwirt
Va Grace
GtMek
GtWest UN
Harrahs
Harris
HecaMin
Heinz H
Hercules
Hershey
HeubleiIn
Hewitt P
Hilton Hil Hobart
Dow Jones
American Exchange Stock Highlights Close Narrow Gains
AAMERICAN Exchange listed shares on the New York floor closed with uneven results as several names posted small gains. Notable movers included Petro, BrasCan, Circle K, and Creole. Trading mixed despite 1% to 22% intraday swings with several issues ending higher by day’s end.
Commodity closings and price updates from May
Today's closing quotations show London gold at 159 down 2.50, May silver 5.37 up 0.07, copper 1.37 1/10 up 0.05, May corn 2.58 up 0.07, May wheat 3.62 up 0.13, May soybeans 5.40 up 0.09, June live cattle 41.70 up 1.05, June live hogs 30.30 up 0.65, June fresh eggs 39.10 up 0.02, May cocoa 1.04 up 0.02, May coffee 0.70 up 0.01, May plywood 125 up 2.50.
MENTIONED IN THIS ARTICLE
London
Motorola names Connors to board at Chicago meeting
Thomas J. Connors named as one of three new Motorola board directors at the annual stockholders meeting in Chicago. Connors, 44, leads Motorola SPD formerly based in Scottsdale and has driven the division into the worldwide semiconductor market. SPD is Arizona’s largest private employer with facilities in Phoenix Mesa Scottsdale and Tempe and leads US sales of semiconductors.
MENTIONED IN THIS ARTICLE
Motorola
Chicago
Thomas J. Connors
Semiconductor Products Division
SPD
John T. Hickey
John F. Mitchell
Communications
Robert W. Galvin
Connors
Scottsdale
Arizona
Phoenix
Mesa
Tempe
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