Services trail costs of goods
Business analyst Fabian Linden, research chief at The Conference Board, contests the idea that the U.S. consumer economy has shifted toward services. He argues that while services like travel and rents rose in the 1950s, the trend has not continued in recent years and the share of total consumer spending on services remains debated.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
U.S
Fabian Linden
Conference ‘Board
Linden
Conference Board
Services Relative Growth Questioned By Symposium Expert
A Conference Board expert argues that the expected rise in service prices reflects slower productivity in services versus goods. He notes consumer spending on services may have peaked in 1960s-70s and questions whether shelter costs will continue to push service shares higher.
NYSE 2 p.m. Quotations Dow Jones Averages
New York AP reports late NYSE prices at 2 p.m. Dow Jones 30 Industrials at 989.99, up 5.83. Transports 155.36, up 0.57. Utilities 77.23, up 0.38. Stocks index 240.68, up 1.48.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Commodity Closings From Markets Today
Closing quotes from Madda Trading Co show London Gold at 143.00 up, Dec gold 143.30 down 0.80, Oct silver 4.47 down, Oct platinum 151.50 up, Dec copper 80.20 down 0.04, Dec wheat 4.10 down, Mar corn 3.04 down 0.09, Nov soybeans 5.544 down 0.22, Oct live cattle 48.67 down, Oct live hogs 64.57 up 0.45, Feb pork bellies 63.40, Dec fresh eggs 53.8 down 0.0, May Maine potatoes 18.45 up 0.50, Nov plywood 118.10 down 0.20, Dec cotton 46.476 down 0.51, Oct sugar 13.97 down 0.43.
MENTIONED IN THIS ARTICLE
Ryder
Marco
Ava
troMin
Crown Cork
Menalds
Sandis Asso
Curtis Wr
Yo McDond
Yo Sfeind
Se Dartind
Deere
Merck
Scoaind
DelMon
Delta Air
Va Microdot
Seabc
Dennys
Searleg
DeiEdis
Sears
SheltOil
Vo DiltonCo
Disney
Mohasco
Va SignalCo
ManPw
Rva
Vo Ode
Va Dresser
Masavy MorNor
Sane Seure G
Motorola
Aim Socale
EastAirLin
Nabisco
NatAirl
Sperryr
Eaton
Arizona
StautCh
Lea
AltigPw
Evans
SterDrug
Exxon
Vz Natoma
Ve -Stevens
AlldSir
StuWor
AllisChal
FairCam
Alcoa
O & Hess
Vo Tektronx
Am Airlin
NorflkWn
Eomds
Norris
AmBades
Noaphi
de Wit
Dir- Ahome
Am Motors
Norton
Bat
NortSim
TexPac Ld
AmStand
ForMck
Textron
GamSk
Transam
Ue Ae 2A
Gannett
Armco
Vwo
GenMill
PacGas i
YMC Ind
Unocal
Voies Earp
Genesco Inc
Pandim Air
Uniroyal
Aeei
GaPac
Panep
Gerber
Asco
GettyOil
Vanes Penney
Bauscht
Wat Goodrh
PaPwlt
Unit Tech
Goodyr
Pennzol
UniTel
Beckmn
Gouldin
PepsiCo
War Ou
Ao Grace
Vo Pfizer
Ma Piohn
Beli
Giaupac
PhilaEl
Bentic
Phil Morr
Bengt
Boeing
I Borden
Psocol
Wachova
Ms Warner
Halibtn
HarteHk
Pueblo
Va BucyErle
Heclam
Vo Pugsdp
Pullman Inc
Wunion
BuddCo
Hercules
Purith Fash
WestgEt
Bulova W
On Ae
Heubit
E— Vo Weyerhr
Mme Burlind
HewliPk
Hoernw
Questor
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Eletra
Ralston P
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Rancoln
WilmsCo
Veneer Cadence Ind Homesla
Winnebago
ReichCh
CarrCp
Va Repsti
Tve
ZaleCorp
CartWall
Icinds
Ye RestvOll
ZenithRad
CastiCk
Indahop
Reviow
Associated Press
CaterTr
idealBasic
Reylnd
INA Cp
Inirikeln Wi
Ely
Chipneut
InNick
Aegis Corp
Aegis Corp 6 severe in 2.207 104 Wa Te Te lowa Beef 3 64 23%. 23% M+ Va AmPetrof
Citicorp
Vy Towa PS
Mesa Civeni
Brewer
CocaCol
TWA
ColGas
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Cinerama
JonLogn
Jostens Ib
Air Lin
Kellogg
Frontier Air
Va Kennecott
Wit Gearhart
Kerr McGe
Sane Kimbel
Marshal Ind Lifont
McCull Oil
Lockhd Alrea
NorCon
PanOcean
Phoenix
Iin
Lyke'Yngle
London
Maine
Lee Athmer Named Manager of SRP Consumer Services
Lee Athmer, 42, of Scottsdale, named manager of the Salt River Project consumer services department. He previously supervised information and advertising and joined SRP in November 1965 as supervisor of publicity and communications. Athmer has also worked as a reporter for KXOK in St. Louis and the Denver Post. Scottsdale resident Roy Gould, Motorola director of insurance services, retires after 38 years with the company. Since joining Motorola in Chicago in 1997, he has held several management roles in labor costing.
MENTIONED IN THIS ARTICLE
Lee Athmer
Consumer Services Department
Salt River Project
Athmer
Scottsdale
yeangen _ Athmer
SRP
KXOK
St. Louis
Denver Post
Roy Gould
Motorola
Chicago
Scottsdale Leaders Highlight Health Services and Lighting Posts
Harold L Prink of Scottsdale named controller for the Maricopa County Department of Health Services after serving as assistant controller since April 1974. Previously finance division director for Blue Cross Blue Shield in Denver for eight years. University of Denver graduate in business administration. Steve Mitchell of Scottsdale named manager of Tri City Lighting in Mesa. ASU graduate in fine arts with watercolor shows in Phoenix New York Los Angeles and Dallas.
MENTIONED IN THIS ARTICLE
Harold L.prink
Scottsdale
Maricopa County
Department of Health Services
Blue Cross Blue Shield
Denver
Prink
University of Denver
Steve Mitchell
Tri-City Lighting
Mesa
Mitchell
Arizona State University
Phoenix
New York
Los Angeles
Dallas
Collins Heads New Market Tour Group TRIP Inc
TRIP Inc a Scottsdale based firm formed by A J Collins as president and Richard Lamb and Tom Neeper as vice presidents will develop tour packages for resorts hotels and transport firms. First program offers a Hailey Idaho trip with ski and summer family packages and weekly bus groups to Las Vegas with sponsors including Las Vegas Marina Hacienda and King eight hotels casinos.
MENTIONED IN THIS ARTICLE
Trip Inc
Scottsdale
A.J. Collins
Richard Lamb
Tom Neeper
Collins
McCulloch Woodside Village
Hailey
Idaho
McCulloch
Sun Valley
Las Vegas
Las Vegas Marina
Hacienda Hotel
King 8
Analysts see new hope for market uptrend after CPI shift
Peroni of Paine Webber Jackson Curtis says CPI reversal changed the stock market, easing inflation fears and triggering a July rally. He expects selective gains with possible back and fill, while Laubscher notes rising volume and breadth, rails weak, industrials unsure, signaling bullish dynamics.
MENTIONED IN THIS ARTICLE
Copley
Peroni
Paine
Webber Jackson & Curtis
Eugene Peroni
CPI
Dow
Harry Laubscher
Blyth Eastman
Dillon
Also Mentioned on This Page
Business Mirror
New York Stock Exchange
NEW Yorke
Stock Exchange
GAC Corp i
American Exchange
Sambos
Vo Syntex
Va Terrac
TesoroPt Wi
King UnBrand
Filtr
Westats Ptl
Wiishro
Madda Trading Company, Inc
Chicago Mercantile Exchange
New Market Tour Group
Phil Young Securities,Inc
Indian School Rd
Phil Cooper
Lincoln Press
Johnny Miller
Ideale
Phil’ Cooper
Bank Americard
Adams
City
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