Analysts ponder economy's future
AP Business analysis notes economists weigh the economy's path amid memories of the 1973 75 recession and recent signals. Forecasters debate Fed minutes indicating possible downturn, rising prime rate, stubborn unemployment, rising consumer credit, persistent trade deficit, and Carter administration concerns.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Congress
Bert Lance
Washington
Federal Reserve
Carter
Citibank counters doom with upbeat view on economy
The piece notes Citibank challenges pessimistic forecasts with a brisk outlook. It cites the National Association of Purchasing Management as predicting a cooler but not cold economic winter, and Commercial Credit reporting renewed capital spending interest. Prices ease as production moderates, easing inflation fears. The risk remains that fear could become self fulfilling.
MENTIONED IN THIS ARTICLE
Citibank
National Association of Purchasing Management
Commercial Credit
NYSE 2 P.M. Quotations and Dow Jones Averages
New York AP stock news shows Dow Jones at 853.26 down 3.55. 20 Trans. at 214.06 down 1.12. 15 Utils. 112.46 up 0.17. 65 Stocks 290.91 down 1.14. Selected late prices list numerous issues with bid and last figures across the exchange.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
American Stock Exchange
Stock listings from American Exchange show varied gains and losses
The American Exchange in New York reports a wide range of stock quotes with percentages listed for numerous issues. Big names appear alongside smaller tickers, with several shares posting double‑digit gains while others slip. The table includes percent changes and trade activity across multiple securities.
Arizona Stocks and Merrill Lynch Market Prices
Arizona stock figures list high and low prices from Merrill Lynch Scottsdale for APS AzColLand Patagonia Valley Nat Bank Southwest Gas and others. Entries show Last and Chg with multiple percent values and over the counter bids for regional firms and large corporations.
MENTIONED IN THIS ARTICLE
AzColLand
Ariz. Bank
UB Fin. Corp
Bank Ava
Anheuser Busch
Southwest Gas
Commodity Closing Prices and Market Movers
London gold at 149.50 up 1.30 per oz. Dec coffees 187.27 up 4.00. Cocoa 184.75 up 3.00. Sugar 8.38 down 0.41c per lb. IMM Dec gold 151.90 up 0.10. Silver 460.40 down 2.00. Copper 56.40 down 0.10. Wheat 2.46 up 0.22. Corn 2014 up 0.134 per bushel. Soybeans 5.2202 up 0.09. Soybean oil 18.44 up 0.38. Soybean meal 140.80 up 1.90. Live cattle 40.15 up 0.47 per cwt. Live hogs 38.42 unchanged. Pork bellies 48.77 up 0.15. Cotton 52.55 up 0.42 per lb. Market not closed.
MENTIONED IN THIS ARTICLE
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Cartw Cartind DataGen
Dayco
Dayfpl
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tearSieg
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McDer
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BIA
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ReadBat
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Revion
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Sfeld
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Smikin
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Telex
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Lind
Waldeck Commodities
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Household Finance Corporation & Subsidiary
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