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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

May 14, 1978

Page

27

New York Bonds Market Listing Continues From Page 26

The page shows a large table of bond listings with varied high, low, and last prices for numerous issuers. It includes many corporate names such as Texaco, Texpac, TexGsTr, Texaco, Texind, Teledy, TelexCo, and PugetS, among others, with week totals and comparative figures. The data highlights weekly totals around 107 270 000 and prior week totals, reflecting continued activity in the bond market.

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Weekly NY Stocks and Bonds Sales Summary

The weekly report shows NY stocks at 182,100,000 and 97,060,000 in the two columns, with American stocks at 25,760,000 and 13,030,000. American bonds reach 6,490,000 and 4,610,000, while Midwest stocks total 7,895,000 and 6,115,000.

Midwest

Market Quote Roundup for New York Stocks Bonds

The report lists traded values for New York Stocks at 2325 and New York Bonds at 1725 along with American Stocks at 1075 and American Bonds at 139. The figures reflect concurrent pricing indicators across major markets.

N.Y

Tightening Credit Sparks Pressure Across Loans and Mortgages

The Federal Reserve’s rate hikes press mortgages and other loans higher as funds move from 6 to 7 percent and beyond. Mortgage rates rise toward 10 percent in strong markets while savers scramble for advance money. Tax plans shift with smaller cuts and later timing. Boeing announces a record 900 million aircraft sale to Singapore Airlines signaling renewed aviation strength.

Kristin Goff New York Federal Reserve Board Fed Dennis Jacobe U.S. League of Savings Associations Jacobe Federal Home Loan Bank Board California Carter House Ways and Means Senate White House Afl-Cio George Meany Boeing Co Boeing Singapore Airlines U.S Federal Reserve Robert Stovall Dean Witter Reynolds Inc Stovall

Rising rate era oddly boosts stock market rally

The stock market defies usual logic as rising rates spark a sharp two day rally. The Dow Jones average climbs over 18 points, NYSE composite up 0.88, and AMEX index gains as volume hits high annual marks. Analysts cite inflation and dollar dynamics, plus investor mood, as reasons rates fail to depress prices this time.

Chet Carrier New York Wall Street Federal Reserve New York Stock Exchange NYSE

Wheat futures rise on leaner supplies and strong exports

Wheat futures climbed last week as the Agriculture Department trimmed the winter harvest forecast to 1.3 billion bushels, a 16 percent drop from the prior year. Exports rose to 30.4 million bushels, the highest since September 1976, with more wheat placed in the federal grain reserve.

Chery Debes Chicago Agriculture Department Federal Grain Reserve Program Tom Carpenter Investor Services Inc

Also Mentioned on This Page

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