Arizona economy shows downturn signs in August PMI survey
The Purchasing Management Association of Arizona reports August marks the first decline in three years for new orders production and employment indicators. Prices rise but at a slower pace while delivery times lengthen slightly, and the overall outlook darkens as uncertainty about inflation and rates persists.
MENTIONED IN THIS ARTICLE
Purchasing Management Association of Arizona
Harold Fearon
Arizona State University
Arizona
Fearon
Ecoki
GM directors to pick new president among Estes and Terrell
Three weeks remain as General Motors directors decide who will become the 15th GM president. Elliott Estes and Richard Terrell vie to replace retiring Edward Cole who ends a 44 year career September 30. Cole earns 833000 last year while chairman Richard Gerstenberg turns 65 November 24 and retires month end. Observers favor Estes for traditional engineering path though Terrell rose outside auto operations.
MENTIONED IN THIS ARTICLE
Elliott M
Pete” Estes
Richard L. Terrell
Edward N. Cole
Cole
Richard C. Gerstenberg
U.S
Gerstenberg
Thomas M. Murphy
Estes
Pontiac
Chevrolet
Terrell
United States
Elliott
New York City
NYSE Closing Quotations Snapshot of Selected Stocks
NYSE closing quotations show varied moves for a wide range of corporations led by Airco Inc Alcoa and American brands with mixed gains and losses. The report lists opening highs lows and percentage changes for numerous equities including Allied, Am Airlines AmCan AmGas and Coke Colgate Exxon and Gulf Oil among others.
Wall Street firms temper bear market outlook
Thomson & McKinnon Auchincloss says overvaluation from greed and odd theories has washed out and a new bull market is unlikely soon. Merkin & Co. warns the bear market remains but could see a near term rally. Salomon Brothers warns pension fund drains if equities fail to rebound.
MENTIONED IN THIS ARTICLE
New York
UPI
Thomson & McKinnon Auchincloss
Merkin & Co
Salomon Brothers
American Exchange Stocks at Close New York Summary
American Stock Exchange close report lists selected stocks traded in New York with closing prices and percentage gains or losses. Investors monitor major movers and daily changes across key industries including finance and manufacturing.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
NEW York
API
American Stock Exchange
Recession fears push stocks lower on NYSE
The Dow Jones fell 15.33 to 662.55 as August orders failed to rise for the second time since January 1971 and production declined. The S&P 500 slipped 1.60 to 69.82 with 11 million shares traded, most major groups weakening and gains outpaced by declines.
MENTIONED IN THIS ARTICLE
Chessie
Chris Craft
Chrysir
Citicorp
CocaCol
Colgate
Col Gas
Cyprus
Dayco
Delta Air
Disney W
DistitSea
DomeMn
Dresser
Duke P
DuPont
Duquet
ascoCo
BM Bet Ve Sostern Air
EainCp
Wami
EtPas
Eltra
Exxon
Va Farah Mfg
FerroCorp
Firestone
sPaCp
Ntkot
dFar
Freptm
Ye Fruehuf
G— Gac Corp
GAF Cp
T— Ww Gam Sk
Gannett
Vo Gnaoi
Gillette
Goodric
Grace
Grand U
Va Gra&p
Harris C
Her Mb
Hobart
Hoff Etechn
Hol Inns
Howard
Imperial
Inexco
Ing
InindSt
InspCop
Wa BM Corp
inHerv Wea
Mining
T&t
Kwek Corprinlé
J— Jantren
Jeff Pitot
JonnMiv
John &Jn
Ig Cas
lVn _ dontogn
Vo Jones
Taos
Jostens
Kaiser ‘al
Kansn
Rockwell
Kanplt Rohmh
Va Rohr Ind
Kayser Royal CC
Ve Kencott Royld
Kerr Mema
Kidde
Kim Ci Safewy
Awmu—Knight N Stro Minrt
Kopper St Regis
Va Krafteo Sander Asso
Va Am
Kresge Sang el
Kroger Sanf
Schering
Lear Sieg
Schlumb
Sears
Sierra
SignalCo
Lockheed
SimnsCo
Smithkline
Va Ltv Corp
SouthCo
Avena— Ma Sonres
Macy
SteinOrg
Vo Mart M
Studew
Va Massey
Vaniy Corp
Merck Mead Cp
M&m
Mm&m
Transam
Nabisco
UtdAlerf
Vavmat
Uid
Us UnCorp
US Indus
US Steel
Isa
Va UniTel
UnivsOil
Norton St
Upjohn
Utah St
Utah
Ye Ogden Co
Ohio
Varian
Tma
Pac Petrl
PacPwr
Pc T&t
Weyrhas
Pan Am Air
Panhandle
Penn Centrai
Penney
Ava
Whittake Cp
Pennpl
Pennzoll
PepsiCo
Pfizer
Va Xerox Cp
Phelp
Zaje Corp
Ya Eo Ralston .60 14 48) 34 34 3%— We 44 76% 6%E— Ye Rapid Am 1 4 U Raythen
RCA Corp
Revion
Rey Ind
Robshaw
Rochg 1
Dow
Indus
NEW York
UPI
New York Stock Exchange
Standard '& Poor
Gas curtailment warning issued at Southern Governors Conference
Federal Power Commissioner Don Smith told southern governors that natural gas curtailments will be about 81 percent higher for the coming winter than last year. Sen. Lloyd Bentsen urged energy independence with new fuel sources and cautioned political posturing over the energy crisis.
MENTIONED IN THIS ARTICLE
Austin, Tex
UPI
Don Smith
Smith
Lloyd Bentsen
D-Tex
Lakeway Resort
Austin
White House
Congress
Bentsen
Ford
Nixon
Also Mentioned on This Page
Detroit
General Motors Corp
AlliedChar
AlliedSt
Alcoa
AMAX
AmHes
Am Airlines
Am Stad
Amt&t Sat
Amstar
Apeco Corp
Armcos
Arms Ck
AusRicht A
Corpasa
Aveo Corp
Bsa
Baker Oil
Va Bangor Pn
Bath Ind
Va Bell Hwi
Bendix
Beth Steel
Black&d
Boeing
E— Boise Cas
Borden
Ve Bourns Inc
Braniff
Ve Branswk
Vo Bulova
CBS
CerroCorpi
Vy Ve
Wall Street
Dow Jones
American Exchange
Petro
Austral Oil
Brascon
Dixlyn Corp
Oe Yates Indus ‘Dil
Camelback
Seaitégata
Scottsdale (Az
Daily Progress
Mon
Robert G. MacDonald
M.D
International Monetary Exchange, Ltd
Royal Bond
Bond
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