Economies classified by inflation and discipline
A brief look at how major economies divide into inflationists versus disciplined spenders. Britain Italy and France contend with inflation due to fiscal policies while the United States Canada Japan West Germany and Switzerland fare better through restrained strategies. Currency markets reflect the split with pound and lira hitting lows as franc steadies and marks may rise.
MENTIONED IN THIS ARTICLE
Donald C. Bauder
Copley
Britain
Italy
France
United States
Canada
Japan
West Germany
Switzerland
Economists split nations by monetary policies and inflation
Economists Jeffrey A. Nichols and Werner Chilton divide countries into two groups: those with high money growth and inflation versus those restraining money supply growth and achieving lower inflation. They cite Britain Italy France and Belgium Holland Norway Sweden Denmark as examples with France pursuing a monetary target akin to the United States.
MENTIONED IN THIS ARTICLE
Belgium
Holland
Norway
Sweden
Denmark
Jeffrey A. Nichols
Wall Street
Argus Research Corp
Britain
Italy
France
United States
Werner Chilton
New York
Citibank
Chilton
Own Your Business Show Opens Friday in Phoenix
The third annual Own Your Own Business Show debuts Friday at the Townehouse Phoenix offering startups and investors a chance to explore dealerships, distributorships, and franchises. Exhibitors provide training and guidance with investments from 500 to 40000 dollars. The event runs Friday and Saturday 1 to 9 p.m. and Sunday 1 to 6 p.m. Admission is 2 dollars for adults, with free entry for children and 1 dollar for women with an escort on opening nights.
MENTIONED IN THIS ARTICLE
H.E
Hop
NYSE closes with Dow mixed amid broad stock quotes
The noon and 2 p.m. quotations show the Dow Jones Industrial Average fluctuating, with many listed stocks like Texaco Texaco and RCA moving in varied percentages while overall market activity remains thin and unsettled across multiple sectors.
Commodity Closing Prices From London to Chicago
London gold at 131.00 down 0.25. 1MM Dec gold 133.40 up 0.70. Dec silver 4.465 up 0.945. Platinum 161.60 up 0.10. Dec copper 60.2 up 0.6. Dec wheat 2.654 down 0.044. Dec corn 2.4434 down 0.034. Nov soybeans 6.59 down 0.10. Dec soybean meal 182.60 down 2.30. Dec soybean oil 22.64 down 0.07. Dec live cattle 40.70 down 0.37. Dec live hogs 33.60 up 0.30. Feb pork bellies 49.95 up 1.43. Dec fresh eggs 0.7075 up 0.006. Nov plywood 180.30 up 2.10. Dec cotton 82.75 cents. Mar sugar 8.41 cents. Market not closed.
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Itek Cc ‘ QuakOat
Tennco
Htelcors
Quakso
Isie— Ve TesoroPet
Ye On Fay
Texaco Rat
Jewelc
RCA
Mg Cooperin
JohnsonJn
S8ia
Petenre
New York
Dow Jones
Jontoon
We Romeo
Stoc
OxBdela H
Jostens
Craig
Crown Cork
KalsrAl
ReichCh
Repstl
TimeMir
Ressvoll
Timlin
Katy
Revion
Kellogg
Reynin
Verans Dartind
Kennet
ReyMet
Transom
Jeene Dayco
KerrMc
Rockwilnt
Kcon
NEW York (Ap
Ye Kimbel
Rohr Ind
NT Ee Ou AM
Kresger
Kroger
EastAir Lin
Loews
SeabCl
Gnitel
AligPw
EasKd
Searle
TIA
Upjohn
AlidCh
Eaton
LyngIsLt
Lukenst
Sherww
VW Vendo Co
Amex
Emere
V4 LykesCo
Va Vetco We & 184
Singer Co
Macke
Smithkline
Airtin
Ethyl 1
Maccmill
SonyCp
Wachova
Abrads
EvansPd
Macy
Scareg
Exxon
Socale
WasWat
AmCan
MAPCO
SouthCo
Sa Sonres
M— Angir
Amet Me Fedders Co
Bie
Ih McDaid
Squibb
FEGNM
Rs McDond
StBrand
Sin
Ao Gosti
Feddst
Sidoncl
MeadCorp
Fispow
Ye Minnpl
SunCo
Armstek
Fgfair
Mobil
ForMck
Monsen
Trwin
Feakin M
Associated Press
Neem
Mmorn
Motorola
Avco Corp
Borce
Ncrcp
BabckWit
GamSk
Nlind
Baltge
Gannett
Nabisco
Stock Exchange
Instrum Sys
BankAm
Gen _ Dynamo
NatAim
Tntl Banknet
Bauschl
Gene
Interway Co
Aegis Corp
Natindg
BellHow
Gpubut
Nat Semion
Asamera
LafyRad
Bendix
Gtelel
Atlascm
SeeEntr
BenflCp
Gtire
Austral Ot
Ye Lincoln Am
Bengt B
Genesco Inc
LoewThe
Bethsti
GaPacif
NevPw
BanistrCt
McCulo
Gerber
Nengel
Bellind
Megoint
Boeing
Nlamp
NwstAirl
We Champ‘Hom
NorCdn Otis
Bulova
GrGiant
Circlek
Ozarka
Bank Ramo
Greyh
Plant Ind
GulfWstn
GulfOil
Presley Cos
Oklage
Cornelius
ReschCtl
Oklang
Damson
Robintech Ag
Citfin
CPC Int
Cadence Ind
Cal Finan
Cmprl
CamSp
Ryan H
Shearh
Spencer
Syntex
Hercules
PacStg
GiantYel
Uipcp
CartWall
I. HewliPk
PacPetri
Gladding Cp
UN Asbestos
CastiCk
Hoernw
PacPw
HoffEle
GtLkCh
Usfiltr
PanAm Air
Panep
Hartzm
WTC Inc
Yy Y J Amf Inc
DillonCo
LTV Corp
StroMin
UnElec
WestgEl
Chasem
Chrysler
Phelps
TekTronx
Telex
UnoCal
Atma
Disney
LearSieg
Pat
OTA
Orpeppr
Dow
LehVal Ind
We Ie
Sambos
Atroy AetnaLf
Dresser
Va Lehmn
Unite Aze
Cas AirProd
Arizona
Weverhr
Va Ampex Corp
Ya Melville
Ye StOllOh
Whittaker
Andrh
ERMEN
MGM Ir
SterDrug
WinnDx
Alieghy Airi
Kaisrind
Vw Amit Corp
Kewanee
Ye Arminco
Kinark Crp
Yeo Borden
Global Mar
Ye Norf Win
Bradign
Nkinney Co
BorWar
Ve Goodrh
Norris
Brascana
Nat Paragn
Goodyr
Carnat
Nytimes
Dataproda
Hallibrtn
Owensong
EarthRes
Harteck
Heclam
Frontier Air
Patrip
Honywil
Ye Housem Wi
PhillPet
Cloroxco
CBA
Veblo
London
Market slips further amid cautious trading on NYSE
The market drifted lower in a drifting session with declines outpacing advances on the NYSE as volume reached 12.79 million shares. Traders eyed a potential support around the Dow 930 level, while concerns over the economy and Carter’s policy lingered. Evans Products rose 1% to 1244 after announcing a stock swap offer. The NYSE composite dipped .28 to 53.01.
MENTIONED IN THIS ARTICLE
New York
Dow
Evans Products
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Scottsdale (Az
Daily Progress
Scottsdale Progress
English
New York Stock Exchange
American Exchange
Madda Trading Company, Inc
Scottsdale
Chicago Mercantile Exchange
Carter
NYSE
Beardsley
St. Phx
Diversified Real Estate Services & Investments
Continental American Securities
North First
Phoenix
American Financial Corporation
Provident Bank
Fourth & Vine Streets
Cincinnati
Ohio
Quantity Limited
Hughes-Calihan Corporation
16Th ST