Heller says Carter understood market during shift to active presidency
AP interview notes Walter Heller signaling Carter will pursue an active yet market respecting administration. He cites voluntary wage price guidelines, targeted jobs programs, deregulation where price propping occurs, and buffer stock plans to curb inflation. Heller foresees merit-based, fiscally careful leadership with jawboning as needed.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Ford
Carter
Walter Heller
Economist
Heller
Democratic Party
Mondale
Walter F. Mondale
Council
Council of Economic Advisers
Kennedy
Johnson
Washington
Dow Jones 2 p.m. Quotes on New York Stock Exchange
Stocks drift lower as Dow Jones averages fall with 30 Industrials at 950.22 and 20 Transports at 215.31 amid broad downturns. The AP report details sales, highs, lows, and last prices across numerous issues, highlighting widespread declines and market breadth.
MENTIONED IN THIS ARTICLE
NEW York (Ap
Dow Jones
Indus
Uul
New York Stock Exchange
AMF Inc
Ve AbbtLab
Arizona
AlcanAlu
AllegCp
AmCan
Acyan
Am Motors
AmGtand
Dwame
Wa Amt&t
Ampex Corp
Apeco Corp
Armco
ArmstCk
Asarco
Atlas Corp
Avco Corp
AvonPd
BabckWil
Ie Baltge
A BankAm
Va BeatFos
Beecha
BellHow
Bendix
BenflCp
Bengt B
Bethett
Boeing
BoiseCas
Borden
Jjse
BorWar
Brunswk
BucyEr
BuddCo
Ba Bulova
Bank Ramo
Dia Tha. Burlind
Va CarrCp
CartWal
CastiCk
Léta
CarrpTr
Chris Craft
Chrysler
Citicorp
New York
American Stock Exchange
Stock market turns weak in late trading
The Dow Jones average fell 10.22 to 950.22 as losses outpaced gains on the NYSE. Trading remained active with 13.91 million shares by mid afternoon as negative economic news weighed on sentiment.
MENTIONED IN THIS ARTICLE
NEW York
Commodity Closings From The Market Desk
London gold 126.50 up 2.25, IMM Dec gold 128.20 up 2.40. Dec silver 4.3730 down 0.2, Dec copper 59.6 cents up 0.9, Dec wheat 2.71 down 0.02. Dec corn 2.524 down 0.04, Nov soybeans 6.6642 up 0.01, Dec soybean meal 185.90 down 0.30, Dec soymeal 22.43 up 0.02. Dec live cattle 41.07 down 0.12, Dec live hogs 32.70 up 1.37, Feb pork bellies 48.75 up 0.37, Dec eggs 68.25 up 0.9. Nov plywood 180.00 up 1.30, Dec cotton 82.6, Mar sugar 8.37. Market not closed.
MENTIONED IN THIS ARTICLE
CitlesSv
Clarke
Civesh
CloroxCo
CocaCol
ColgPal
ColGas
CombEng
Comwe
Comsat
CntlGrp
Control Dat
Cooperin
CoxEdd
Craig
Crown Cork
CrwZel
M+ Deere
Delta Air
Dennys
DillonCo
OrPeppr
Dow Ch
duPont
Dukep
EastAir Lin
Ve Eaton
E— Va' ElPaso
EftraCp
Enserch
Va Esmark
Exxon
Frigtrac
Genesco Inc
Getty Oil
Gillette
Goodrh
Grace
GrGiant
Gulf Oil
Harris
Harteck
Hercules
Hoern W
Homestic
IBM
Ea Jowaps
WaterCorp
Curtis Wr
Dayco
DelMon
DetEdis
Ye Disney
Va Dresser
Duglt
Echlin
EmerEl
Ethyl
FF Fairind
Feddst
Va FdFair
Gannett
Va Gerber
Giwnfin
HewliPk
Hongwil
Hs Jewelc
JhnMan
Katy Ind
RCA
Reiston
Scott Pap
VendoCo
Ava de Ae
Me Dia A Singer Co
Timlin
Timlin 2.200 7 50 50 50 — Me ReadBat
Ibis Lle
Trion
RestvOil
Ualinc
ReyMet
Ty Uvind
Rovecol
Wea
UNOC
Fm Zee
UniTel
Ie SonyCp
Blesve
Wunion
Sonres
Whirlpot
SouRy
Whiting
Meirre Pfizer
Stevens
SunCo
PhilMorr
PhillPet
TesoroPet
Telex Ig Texinst
Texsgie
Rancom
Transw Air
Rapid Am
TS Unelec
Lai
Royld
US Steel
Whittaker
SIA VM StBrand
StaufCh
Associated Press
London
Imm
Stock Quotes Mixed Across Major Firms in Market Report
American exchange listings show varied performance with ArminCo and Amic Corp among notable movers. Several energy and tech names such as Damson Oil and Dyn Amer display mixed gains and losses amid broad trading activity across New York markets.
Aerospace industry may take off in 1977
Wall Street analysts foresee real growth in aerospace from 1977 onward with 10 percent yearly gains through 1980. Despite defense cuts and airline troubles, shares have begun to move as investors price in stronger demand and profits.
MENTIONED IN THIS ARTICLE
Donald C. Bauder
Copley
Tte
Wall Street
Aerospace stocks eye solid gains amid military demand
Over the last year the MG composite of 52 aerospace stocks rose 31.6 percent with a subindex of three aircraft makers up 72.9 percent. Analysts forecast sustained military demand through 1980, with real growth above 10 percent annually as U.S. reequipment cycles continue. Boeing is favored. McDonnell Douglas seen weaker. Lear Siegler AMBAC Sundstrand highlighted for income.
MENTIONED IN THIS ARTICLE
Media General
Boeing
Wolfgang Demisch
Smith Barney
Harris Upham
U.S
Demisch
Carter
McDonnell Douglas
Rockwell
Value Line
Frank P. Grove
Lear Siegler
AMBAC
Sundstrand
Alan Benasuli
Drexel Burnham
American
United Air Lines
Burns Faces Carter Test as Fed Leader in Policy Clash
President elect Carter faces a key obstacle in shaping economic policy with Fed Chairman Arthur Burns, a 72 year old who prioritizes inflation. Burns is unlikely to leave early and may resist shifts in Fed independence, complicating Carter's planned faster growth and unemployment relief.
MENTIONED IN THIS ARTICLE
Washington
Jimmy Carter
Federal Reserve Board
Arthur F. Burns
Carter
Burns
Fed
Senate Banking Committee
Ford
Congress
Minority Trade Fair to Be Held Wednesday
The third Arizona Minority Trade Fair opens Wednesday at the Phoenix Civic Plaza Convention Center with an 8 a.m. continental breakfast. Gov. Raul H. Castro and Phoenix Mayor Margaret Hance attend along with industry leaders from Honeywell and Arizona Fence Co. The event showcases 80 plus companies and expects 150 local minority business representatives seeking buyer contacts.
MENTIONED IN THIS ARTICLE
Arizona
Phoenix Civic Plaza Convention Center
Raul H. Castro
Phoenix
Margaret T. Hance
Sy Kraut
Honeywell Information Systems
Joe X. Rosell
The
Arizona Fence Co
Insurance group to aid local YMCA event at Scottsdale YMCA
The Scottsdale Association of Life Underwriters will sponsor a Paint up and fix up day at the Scottsdale YMCA on Saturday. The group will supply labor and materials for the 9 a.m. project at 3019 N Civic Center Plaza. The association includes life insurance agents general agents and managers and is affiliated with the Arizona and National Associations of Life Underwriters.
MENTIONED IN THIS ARTICLE
Scottsdale Association of Life Underwriters
Scottsdale Ymca
YMCA
N. Civic Center Plaza
Arizona Association
National Association of Life Underwriters
Also Mentioned on This Page
Business Mirror
TV2
Kellogg
Kennet
KerrMc
Kimbc
KiigiRid
Koppers N.w
WY Kraft
Kresger
Kroger
Norton
NorSim
LoneStind
Ie LykesCp
MGM Ir
Mobil
Motorola
Ncrcp
NorfWin
LTV Corp
LearSieg
LehVal Ind
Lehmn
E— Levitz Furn
LOF
Littonin
McDaid
McDond
Ys MeadCorp
Melville
Milgo Elect
Mohasco
Va Monsan
L' ‘Mondu
MonPw
MorNor
MtFuel
MtStTel
Nlind
Nabisco
NatCan
AlVa
PaPwLlt
Pennzol
Wat
Vo PepsiCo
Y PanAm Air
Panep
Business and Funure Mexico
Madda Trading Company, Inc
Scottsdale
Chicago Mercantile Exchange
Beardsley Associates
St. Phy
Syndication E Property Management
American Exchange
ArminCo
Berg Bruns
Coleman
EarthRes
ElcorCp
Frontier Air
Aegis Corp
Amic Corp
Wa Asamera
Atlasccmb
Animat Rad
BanistrCdl
Va Bellind
E -BowVall
CMI Corp
Circlek
Ve ConOlGas
Consyne Cp
Cookind
Dome Petr
GRI Cp
Mh GiantYel
Bat Mt Gladding Cp
Alleghy Airl
Austral Oil
Brascana
Coachma
Cornelius
Vo GiBasin Pet
GtLkCh
Harma
Hartzm
Houoilim
Ve Housom Wi
Huskyo
Hycel Inc
Impoila
Incoterm
Instrum Sys
InvDivers A
Kaisrind
Kewanee
KinArk
LafyRad
LeeEntr
Ye LoewThewt
Pepsyt McCulo
Megoint
MilterWo
Mitchle
Nolex Cp
NorCdn Oils
Ozark A
PaliCorp
Pertecomp
He ™ H
Pre
Usfilte
Vernitron
WTC
Shield
S.” _ “ELECTRIC
Scottsdale Rd
Scottsdale (Az
Daily Progress
Bill Siller
Honeywell
McCormick Ranch
Tarantini Const
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