Record U.S. Employment Tops 76 Million as Spending Rises
More than 76 million Americans were employed in November, a record for the period, with unemployment at a 15 year low of 3.3 percent. Retail sales reached a monthly record of 29.1 billion dollars, helped by savings drawn down to offset tax increases. The report notes continued strong business activity and price gains across several sectors including steel, chemicals, and plastics, amid antitrust action involving IBM and slower auto output.
MENTIONED IN THIS ARTICLE
Jack Lefler
New York (Ap
Labor Department
New York Stock Exchange
Federal Reserve Bank of New York
U.S. Steel Corp
Wheeling-Pittsburgh Steel Corp
Armco Steel Corp
National Steel Corp
Jones & Laughlin
Republic Steel
Inland Steel Co
Aluminum Corp. of America
Dow Chemical
du Pont Co
Morsanto Co
Rexall Drug & Chemical Co
Monsanto
Georgia-Pacific Corp
Weyerhauser Co
Control Data Corp
International Business Machines Corp
Control Data
IBM
U.S. District Court
St. Paul
St. Paul, Minn
End-of-year stock rally uncertain amid rate fears
After two weeks of consolidation traders weigh a traditional yearend rally as the Dow hovers around 981, with volume steady. Banks raised prime to 6 1/2 percent, cooling enthusiasm while inflation and financing costs loom. Rapid American climbs to 485 and INA to 154 as the market ends the week modestly higher.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Associated Press
Federal Reserve Board
Dow
Rapid American
INA Corp
Monticello College Ends Week Early for Flu
Monticello College canceled classes a full week before Christmas as flu illness sidelined about 125 of 350 students. Officials said the epidemic prompted the early vacation to protect health and reduce spread.
MENTIONED IN THIS ARTICLE
Monticello College
Dow Jones Averages Week in Stocks and Bonds
A summary of weekly closing ranges for Dow Jones indices and bond averages. Major groups include Industrials Rail Utilities and 65 Stocks with highs lows and last values plus net changes. Bond averages such as First and Second Rail bonds show small declines for the period.
MENTIONED IN THIS ARTICLE
sToc
Ist Rrs
2Nd Rrs
Indust
Inc Rails
Du Quoin Livestock Market Week Ends With Higher Prices
Trading was heavy on the Du Quoin market for the week ending Friday. Sales averaged from one to twelve cents above the prior week with top closes of 18.25 dollars for hogs and 14.75 dollars for sows.
MENTIONED IN THIS ARTICLE
du Quoin
Five Year 255.6 Million Plan For Sulfur Oxide Research
NAPCA proposes a five year 255.6 million program to fund sulfur oxides research under HEW. The plan, outlined before a House subcommittee, covers removal of sulfur oxides from flue gases, dispersion studies, sulfur removal from coal, coal to liquid fuels, combustion changes, and low sulfur fuels. Funding totals 65.3 million for industry surveys and 76.9 million for flue gas cleanup, among others.
MENTIONED IN THIS ARTICLE
Roger Hughes
National Air Pollution Control Administration
NAPCA
Department of Health, Education and Welfare
House of Representatives
Bond Prices Fall Amid Record Yields Across Markets
The New York bond market slid with prices set low for the year and record yields on new corporate issues. Long term munis dropped over 3 points from May lows while government bonds sold off for the eighth straight week. GMAC and Lone Star Gas debentures drew strong investor demand, with GMAC debt pricing around 7.19 to 7.27 percent and Lone Star at about 7.25 percent to maturity in 1993.
MENTIONED IN THIS ARTICLE
Robert Haworth
New York (Ap
Salomon Brothers & Hutzler
General Motors
GMAC
Lone Star Gas Co
Commodities post gains amid slow holiday trading week
Chicago AP reports slight price gains across wheat corn oats and soybeans on the Chicago Board of Trade as holiday slowdowns lengthen, with limited activity in major pits. Factors include a looming 80 day cooling off period for Longshoremen and ongoing union negotiations, plus currency speculation in francs pounds and dollars.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Gulf Coast
Over the Counter Securities List Compiled by The Southern Illinoisan
The Southern Illinoisan presents an unofficial OTC securities list with price ranges. The quotations reflect approximate bid and ask levels rather than precise values.
MENTIONED IN THIS ARTICLE
Southern Illinoisan
SIU Computers To Aid Illinois Construction Projects
Southern Illinois University will receive a $200000 federal matching grant for a five project program under the Illinois technical services plan. SIU will work with the University of Illinois and Northern Illinois University to demonstrate computer uses in construction management, field services for wood industries, and demos for small firms, plus NC instructional materials and photogrammetric measurement exploration.
MENTIONED IN THIS ARTICLE
Illinois Technical Services
Southern Illinois University
State Technical Services Division
Department of Business and Economic Development
SIU
University of Illinois and
Northern Illinois University
Illinois
Also Mentioned on This Page
Dow Jones
Standard and Poor
N.C
CIA
Pion
Thurs
Jfmami
Jason D
du Quoin Livestock
Bureau of the Budget
House Governments Operations Committee
United States
AV Electronics
Arkansas Valley
Horn Powder River
Clinton
CNA Financial Bfd
Fund of Letters
Heath Tecna
Metropolitan Development
Opticks
Petrodyne
Possis
Publisher Co
Putnam
Redcar
Sun Airlines
Ss Low
American Exchange Leaders
Westates P
Royal Amer
Ling TV
Atlas Cp
Getty Oil
Benguet
Finan
E Tex Gil Sul Rapid Amer
Air L
Sinclair
Tel Tel
AJ Indust
Beth Steel
Uw” UnionPac
Illinois Savings and Loan Association
Murphysboro
5 O‘clock Club
Carbondale
J. M. Simon & Co
Charles J. Lerner
John L. Uffelman
Charles Dohanich
Curtis F. Downen
West Main Street
Carbondale, Illinois
Bank OF
Evansville
Vergennes State Bank
First National Bank OF
F.d.1.c
Zenith
Walnut
Murphyshore
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