Dow follows interest rates in stock market trends
The article analyzes how the Dow Jones Industrial Average fluctuates around the 1000 level as interest rates rise and fall. It notes past peaks near 1051.70, sub-900 levels in 1975, and a 1974 drop to 577.60 tied to a 12 percent prime rate. It compares stock and bond returns across decades, highlighting current gains of 4.6 percent for stocks and 8.6 percent for bonds.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Congress delays revenue sharing extension threaten local budgets
Congress has not approved a 39.8 billion extension of federal revenue sharing set to expire December 31 1976. Local governments face budget gaps as cities plan for July 1 fiscal years and may need to cut services or raise taxes if funds are delayed beyond May 15 1976. San Diego warned of 8 million loss or 34 cent per 100 assessed value tax hike. nationwide 39 956 units stand to lose after the five year program ends. President Ford urged a slightly altered formula increasing annual allocations to 150 million and tightening civil rights protections while debates focus on fairness of the distribution and per capita limits.
MENTIONED IN THIS ARTICLE
Copley News Service
Washington
Congress
America
San Diego
Ford
Computer impact widens across business and daily life
John Diebold, head of The Diebold Group, says computers already influence 30 to 40 daily activities and are changing business methods. He predicts future advances include voice responding systems, brainwave controlled interfaces, and office terminals replacing traditional letters and paper.
MENTIONED IN THIS ARTICLE
John Diebold
Rockwell
Diebold
Commodity Closings Report With Mixed Daily Moves
London gold at 143.50 down 0.75 per oz and IMM Dec at 145.00 down 1.30. Oct silver 4.27 down 0.17, platinum 145.75 down 1.6 per oz Dec, copper 53.1 down 0.6 per lb Dec. Wheat 3.924 down 0.04 per bushel Dec, corn 2.63 down 0.02 per bushel Now, soybeans 5.98 down 0.42 per bushel Dec. Live cattle 44.60 up 1.50 per cwt Dec, live hogs 93.62 down 0.60 per cwt Feb, pork bellies 07.67 down 1.50 per cwt Dec, fresh eggs 5.90 per dozen May 0.65 UB. Maine potatoes 12.98 limit down Second Nov. Plywood 128.90 up 2.10 per thousand sq ft Dec. Cotton 51,676 down 0.49 per lb Mar. Sugar 14.14 up 0.16 per lb.
MENTIONED IN THIS ARTICLE
Impicpa
Pfizer
PepsiCo
Chrysler
Tn. Co
PhilMorr
Citlessy
Anasta Pitney
Biys
Ellery
ColaPal
InNick
NEW York (Ap
Dow ColGas
Hy IntPal
ProctGam
Unocal
Yo Jones
P.m
IowaPs
A- Jewelc
JhnMan
JohnJn
Rancom
UOP
New York
Raytheon
Utahint
Crown Cork
Kennecott
Revion
CenZel
KereMcGet
Warners
Dartind
Arizona
AlcanAlu
Krattco
Kresges
Vay Iine
Rovid
DelMon
Mi Kroger
Ryder
Dennys
White M
Alcoa
Whittaker
Disney
Levitz Furn
WilmsCo
AMBAC
We Baek
ScottPap
ZaleCorp
Duagh
Logish
ZenithRad
AmEtPw
LaPacif
Searleg
Associated Press
Sears
Eaton
LuckStr
ShellOl
Am Motors
LukenSt
Shell T
Amta&t
EltraCp
Evans
Marcor
Sonres
Exxon
Armstek
Faircam
Sperryr
Asarco
Yo Fairind
Venha Ayrich
Ers Atlas Corp
Fedost
Merck
Stevens
Va Mohasco
Fordm
Monsan
Bendix
Bell How
MorNor
Tener Ma
Bengt B
Mistrel
Brockhr
VeVat Va GamSk
Axsglf
Warvovss Eing
Gannett
Nabisco
NatAl
Texpac Ld
Soon Uw
Mae Bulova
Ye GenMills Wi
Natind
Bunkrr
Burlind
GaPac
Gerber
GettyOll
Isi Tio Wi
CamSp
Nspean NL Ind
CaroPw
Ve Goodrh
NorfikWn
Ye Wa . Norris
CartWall
QutMar
Hercules
I - Owentit
Eletra
Housh
London
IMM
Maine
Ameri Exchange Selected Noon Prices
New York AP reports Ameri Exchange set noon prices for commodities as trading halted for a moment amid fluctuating quotes. Market observers note brief volatility and no immediate major shifts in key indices.
MENTIONED IN THIS ARTICLE
New York
Ameri Exchange
Also Mentioned on This Page
Dow
Ress
National League of Cities and Conference of Mayors
Frank Macomber
Diebold Group, Inc
Xerox
Westinghouse
IBM
General Electric
DuPont and Kodak
Britain
France
Massachusetts Institute of Technology
MIT
New-York Stock— Exchange
Dow Jones
Lyusing
Ourtesy
Aaadda Trading Company
Incs
Scottsdale
Chicago Mercantile Exchange
Kalsrind
Negls Corp
Marindug
Banstret
Marshal Ind
McCull
Braser
Newldria Iy
Pevneee Rs
Certron Cp Norn
Cinerama
Ermaner
Phoenix
Dixlyn
Gearhart
Terrac
Giant
Tesoro Pt
Goldfield Cp
GtBasin Pet
Westats Pal Wilshro
Ranpol A
Asacines
Alli
Phil Younng
Bennington
Szores
Vermont
John Stark
Burgoyne
Saratoga