Dow Jones 2 p.m. stock averages slide on declines
NYSE quotes show Dow Jones Industrial Average at 986.12 down 6.82, with Trans index 218.93 off 1.10 and Utilities 95.25 down 0.03 amid broad market trading. Late prices list numerous issues with mixed highs, lows, and last trade figures reflecting a cautious session.
Dow Jones falls as 1000 level again eludes market
Stock prices declined as the Dow Jones industrial average failed to top 1000 for a third time. The 2 PM Dow stood at 9 986.12, down 6.82, with NYSE losers leading gainers 5 3 and light trading at 11.22 million shares. Florida Power & Light led volume while Cook Industries rose on possible privatization talks. NYSE composite fell to 55.72 and Amex index rose to 102.83.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Florida Power & Light
Cook Industries
American Stock Exchange
NYSE
Amex
Scottsdale Retail Stocks Show Broad Activity in 1976
Readable sections indicate diverse company listings across sectors with varied performance. Notable entries include FordM, GenMills, Kellogg, PanAm Air, PepsiCo and Houston area firms. data shows prices, volume, and percentage changes amid a sprawling market snapshot.
Commodity Closings From Madda Trading Co
London gold 112.50 up 1.50. IMM Sept gold 114.00 up 2.30. Oct silver 4.313 down 1.5. Oct platinum 159.20 up .70. Sept copper 68.6 down .2. Sept wheat 3.22 up .03. Sept corn 2.79 4 down .04. Sept soybeans 7.34 4 up .05. Oct live cattle 40.27 down .35. Oct live hogs 38.77 down .68. Feb pork bellies 58.50 up .50. Sept fresh eggs 41.8 down .10. May Maine potatoes 7.52 down .02. Sept plywood 164.10 up 1.60. Oct cotton .7595 up .55. Oct sugar 6.49 down .09.
MENTIONED IN THIS ARTICLE
NEW York (Ap
Trans
New York Stock Exchange
ACF Inc
AMF Inc
AbbtLab
SIM
AdmsMillis
AeiiaLf
AicanAlu
AllegCp
AmCan
Acyan
Ameipw
AmHome
MMU
Am Motors
Amt&t
Ampex Corp
Andrh
Apeco Corp
Wnt
ArchDan
Armco 1
ArmstCk
Wm— Asarco
AshiOil 1
E— Va Asddrg
AtlRich
Amirch Wi
Atlas Corp
Va Avco Corp
Avnetinc
Baltge
Bausch
BellHow
Bendix
BentiCp
Benguet B
BethSil
Blockhr
Boeing Wil
BoiseCas
Va Borden
BucyEr
BuddCo
Bulova
Bynk Ramo
Burtlnd
BuriNa We
Burrghs
Buitesg Oil
C—Cc — Cbs
CaterpTr
Censow
Chris Craft
Chrysler
Citicorp
Clarke
Ahalville
MeshCorp
MitFuel
MistTel
Ncrcp
Raat Ye
Niamp
NorftkWn
Norris
Noaphi
Norngs
Northrp
NwstAirl
Norton
NorSim
Oklage
Oklang
PacPeiri
Sears
Shi
SmithKline
Sony’ Te Es Sear G
Socae
Aye Ms
SouthCo
US Steel
Werner
StaufChm
Mtrwin
Teleda
WasWat
Wunion
SouPac
StDi Ind
SterDrug
SunCo
TampEl
Todd Ship
Perexee
ZaleCorp
ZenithRad
Associated Presa
GamSk
Va Gannett
GenEl
GenMills
Gtire
Genesco Inc
GettyOil
Gillette
Godédri
Giatipac
GtWnFin
Grumm
IBM
Lowaps
JhnMan
Jostens
KaisrAl
Katy Ind
HAM
Kennet
Kimbel
Koppers
Kroger
LearSieg
Lenmn
Loews
MAPCO
GenHost
GaPacif
Global
Goodyr
GrGlant
GuifWain
Honywil
KnigtRid
Krafico
Lenpct
LevitzFurn
Lucky S
Harris
Ingerr
ItelCorp
JonLogn
Kresger
LTV Corp
LehVal Ind
LOF
Lockhd Airc
Lrgish
E— LukenSt
Macke
Macy
PacPw
Pactt
PanAm Air
Panep
Patrkp
PenDix
Penney
PaPwLlt
Penntol
PepsiCo
Pfize
Phelpd
PhilsEl
PhilMorr
PhillPet
Polaroid
Ind
Quaksto
Questor
RGA
RalstonPa
Rancom
RapidAm
Raytheon
ReachRat
ReichCh
RepSd
ScottPap
London
Maine
Thoussa
Market technicians cite bears as lead indicator for future trends
Investment advisers face split outlooks as bearish sentiment grows to 13 percent, Merrill Lynch notes, signaling potential bull revival for energy stocks. Analysts from Paine Webber and Smith Barney discuss stock picks and tax switching strategies, while Fidelity launches the first no load municipal bond fund. The Treasury plans book entry for short term bills in 1977.
MENTIONED IN THIS ARTICLE
Helen L. Call
Copley News Service
Merrill Lynch
Pierce
Fenner
Smith
North Slope
Loeb, Rhoades
Exxon
Atlantic Richfield
Standard Oil of
Ohio
Paine Webber Jackson and
Curtis
Caterpillar
Citicorp
Disney
General Electric
IBM
Sohio
Texas Instruments
C.lt
First Charter Financial
Freeport Minerals
Heublein
Motorola
Skyline
Warner Communications
Pepsi-Co
Zenith
RCA
Monsanto
Union Carbide
Eastman , Kodak
Minnesota
Standard Oil Indiana
Ional Cork
Masonite
Fidelity Management and Research
Fidelity Municipal Bond Fund
Treasury Department
Oil Offshore Leasing Draws Investment Opportunities
Wall Street observers note Anthony Tabell avoids clear bear or bull bias, adopting a balanced mugwump stance in a conference with Tabell's Market Letter. Roger Spear Jr. highlights Atlantic offshore leasing as a catalyst for oil energy investments and broader opportunities.
MENTIONED IN THIS ARTICLE
Tabell
Anthony Tabell
Merrill Lynch
Roger Spear Jr
Atlantic
U S Sues Paradise Inn Owner Over Back Wages
The U S Labor Department filed suit in Phoenix to recover 28710 dollars in unpaid minimum wages and overtime for 174 Paradise Inn employees at 6150 E Camelback Rd. The complaint seeks an injunction and liquidated damages equal to the unpaid wages. John Breen supervised the wage hour investigation in Phoenix.
MENTIONED IN THIS ARTICLE
U.S. Labor Department
King Cotton Greensboro Corp
Paradise Inn
East Phoenix
U.S. District Court
Phoenix
E. Camelback Rd
Labor Department
John Breen
The
Employment Standards Administration
Scottsdale adviser forms seed capital pool for small businesses
Scottsdale registered investment advisor David L. Markstein leads clients to form tight corporations to supply seed capital for small ventures. Investors act as limited partners with liability limited to their investment while management sits with the general partner. Losses in early years may be tax deductible for limited partners.
MENTIONED IN THIS ARTICLE
Scottsdale
David L. Markstein
E. Vista Drive
Markstein
Arizona
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Dartind
Mie- Dayco
Deere
DeiMon
Delta
Ma EastAirLin
Ye Eaton
Enserch
Ye Fairind
New York
Scottsdale (Az
Daily Progress
Madda Trading Company, Inc
Chicago Mercantile Exchange
Jetronic Ind
Stock Exchange
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Aegis Corp
Marshal Ind
McCulo
Barres Eng
M+ co
Brascana
Medfield Cp
Idria
ConOil Gas
Crutch
Dixlyn
EarthRes
EssexCh
Ragan
Fed
Veneer Resrtsindl
FlyDia Oi
Seas Ryan
Frontier Air
Va Sambos
Jataee Syntex
We Goldfield Cp
Terrac
GtBasin Pet
A Hab Nay Tuftco
GtLkch
Impoila
WyleLab
Associated Press
McDowell Mountains
Brogig Paradise Valley
Dick Turner
Pinnacle Peak Developers
East Pi Ja Peak Road
Arstone
Bears
Bulls
Smith Barney
Harris Upham
Coca-Cola
Wall Street
U.S
Expert Begins Investment Service
Concats Ngo
Alt
Daily Pr
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Greater
Scottsdale & N.E. Phoenix Area
Paradise Valley News
Progress