Great Gold Bubble Bursts As Price Slumps From Peak
The gold market's boom ended in a sharp collapse with bullion down to $103 an ounce from $195, after a 90 percent drop in shares on Aug 24. A New Orleans Gold and Monetary Conference drew 700 attendees as investors reassess risk and speculate on future trends.
MENTIONED IN THIS ARTICLE
International Monetary Fund
IMF
National Committee For Monetary Reform
New Orleans
John McFalls
Value- Action Advisory
Seattle
McFalls
George Schaeffer
Richard Russell
Dow Theory Letters
Schaeffer
Loraine
Durban
Dow Jones 2 p.m. stock averages and NYSE prices
New York AP report shows Dow Jones 2 p.m. averages for industrials at 945.40, rails at 206.62, utilities at 96.85 and the overall market at 298.02 with notable shifts across many listed issues. International and sector quotes include numerous company securities with bid, ask and last prices, reflecting a broad snapshot of NYSE activity and market breadth.
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NEW York (Ap
Dow Jones
Indus
New York Stock Exchange
AMF Inc
AlcanAlu
AmCan
Ameipw
Am Motors
Anair
AmStand
Amt&t
Beecha
Beker
Bell How
Bendix
BenfilCp
Bengt B
Te Bunk Ramo
Burlind
Buriino
Se Burrghs
Buttesg Oit
CBS
New York
American Hycel Inc
Va Stock Exchange
Instrum
Intl Banknot
Aegis Corp
Inferway Cp
Va Alleghy Alr
Ve Kaisrand
Va Amic Corp
Kewanee
la Armin Cp
Eo KinArk Crp
Ys Asamera
Va LafyRad
Atlascm
Marindugg
McCulo
BowValt MillerWo
Bradign
Mitchle
PallCorp
Ind PertecCmp
A Coleman
PrenHa
Presley Cos
Cookind
Cornelius
ElcorGh
Tenna Corp Falcon S
Gladding Cp
Warc C
Hartzm
Havoilm
The
Associated Press
Market makes steady climb
New York AP The stock market edged up in a slow steady advance led by blue chips. The 2 pm Dow Jones industrial average rose 8.40 to 945.40 as losers slightly outpaced gainers on the NYSE with light volume of 10.02 million shares. Investors awaited Tuesday’s government GNP report for the third quarter amid expectations of slowing growth from early year strength.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Washington
Commodities Close Mixed With Modest Moves Across Markets
London gold gains 35 cents to 116.10 per ounce while IMM Dec gold slips. Copper and wheat edge up slightly, soybeans down, cattle and hogs mostly lower, eggs flat, cotton hits limit up. Soybean meal and oil fall, pork bellies decline, plywood up, sugar near steady.
MENTIONED IN THIS ARTICLE
London
IMM
Wcaz
You and Your Money Quarterly Keogh Plan investment idea
Q and A on Keogh plans mutual funds gifting stocks under UGMA and Social Security coverage for mariners. Judith G. Rhoades answers practical questions about quarterly contributions tax deferral fund earnings and who may qualify. Provides steps for obtaining a grandson's Social Security number and custodial setup.
MENTIONED IN THIS ARTICLE
Ugma
Morton to Speak at School on U S Business Campaign
Rogers C B Morton chair of Ford campaign steering committee will speak at the American Graduate School of International Management on Tuesday. His noon talk, U S Business and the Campaign, will be in the auditorium at 59th Avenue and Greenway Road. Morton, former cabinet member as Secretary of Commerce and Secretary of the Interior, headed the Energy Resources Council from 1974 to February this year. The event is free and open to the public.
MENTIONED IN THIS ARTICLE
Rogers C. B. Morton
Ford
American Graduate School of International Management
U.S. Business
59Th Avenue
Greenway Road
Morton
Commerce
Interior
Energy Resources Council
Energy and Natural Resources
Economic Policy Board
Western business outlook for final quarter 1976 turns bullish
Prudential’s Western Business Forecast shows 68 percent of 13 state panelists expect higher dollar volume in Q4 1976, with 14 percent unchanged and 18 percent down. Local Western states align with 69 percent up, 13 percent same, 18 percent down. Transport and utilities show 100 percent optimism versus 1975, while construction rises from 50s to 66 percent expecting an upturn.
MENTIONED IN THIS ARTICLE
Prudential Insurance Company
California
Arizona
Nevada
Transportation and Utilities
Precision Chiropractic Care Urged For spinal Injury case
In a reader question a car hitting a dip caused neck and arm numbness and tingling after months of treatment. The chiropractor urges immediate care, claims medical doctors lack chiropractic training, and promotes a free spinal care class at Precision Chiropractic on October 19 with contact details.
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America
USA
Homestake
Indianapolis
Miami Beach
U.S. Treasury
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Censow
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Chris Craft
Chrysler
Eo Clarke
CloroxCo
Va CocaCol
ColGas
Cooperin
UMM
Vo Craig
CrouvHi
Crown Cork
Curtis Wr
Dartind
Deere
DetMon
E— Dennys
DetEdis
Disney
Ye Dow Ch
duPont
EastAirLin
Easkd
ElPaso
Enserch
Esmark
Exxon
FairCam
FdFair
Gannett
GenMills
Genesco Inc
GaPacif
Va Global
Goodrh
Gould
Grace
GtAtPac
GrGiant
Iowa
Tek Corp
DeltaAir
DillonCo
Dresser
IBM
teiCorp
Sy Jeweic
JanMan
Jonnsonjn
JonLogn
Jostens
Lala Séve
KaisrAl
Kangel
Katy
Kellogg
Kennet
Kimbel
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MonPw
Motorola
MtFuel
Ve — M — Nlind
NatAir
NatCan
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Penney
PepsiCo
Pfizer
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PhilMorr
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Pitney B
Polaroid
Kanplt
KerrMc
KnigtRid
Kresger
LTV Corp
Lenval Ind
Lockhd Aire
McDaid
MeadCorp
Merck
Milgo Elect
Minnpl
Mondu
MorNor
MistTel
Nabisco
Norris
Northrp
NorSim
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Psocol
QuakOat
RCA
Wme
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Rapid Am
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TimeMir
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Timlin
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Todd Shipyd
Rockwlint
Transw Air
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Tricon
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Va Royld
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SanFelni
Schergel
Ma Usgyps
aVvat
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ShellOit
Mat UnTech
Dat
SouthCo
Wachova
A Sonres
Warnerl
Wunion
StBrand
WestgEl
Va SterDrug
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Whittaker
WillmisCos
SunCo
Tektronx
Mexico
Madda Trading Company, Inc
Scottsdale
Chicago Mercantile Exchange
I.C.I
Scottsdale Daily Progress
P.O. Box
American Exchange
Edith
Jo" Laetz
SRP
Democrat
Senate
Laetz
Marshall Way
Scottsdale (Az
Ion
Judith G. Rhoades
Copley News Service
United States
U.S
Rhoades
Sunburst Hotel
N. Scottsdale Rd
J.mitton Newton, Inc
North Centeas Aveniue Financial Center
Proenio Anon
J. Mitton Newton, Inc
Paul R. Bates
Michael J. Jorgensen
Precision Chiropractic Offices
Thomas