Week in Finance Sees Nervous Markets Amid Middle East Tensions
Global securities, commodities, and currency prices moved nervously as Middle East turmoil dominated last week. Markets rebounded on Israel's rapid military gains but stalled after renewed fighting with Syria. Swiss gold reserves rose sharply as Arab money sheltered in New York banks. Sudan moved to curb Sterling. Analysts warned ongoing tensions would shape Vietnam's war and oil strategies amid U.S. economic concerns.
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New York
Middle East
Israel Rais
United Nations
Israel
Syria
Sudan
Britain
Vietnam
U.S
Wall Street
August Huber
Spencer Trask & Co
Dow hits potential intraday bottom amid cautious market outlook
Hutton & Co notes the Monday intraday low of 836.92 may form an important intermediate bottom for the Dow Jones Industrial Average, though a vigorous rally is not assured. Economists project a possible midyear breakout, with forecasts of a fourth-quarter turnaround and a higher overall level.
MENTIONED IN THIS ARTICLE
Hutton & Co
DeVincent Music Center opens in Morgantown with ceremony
After 40 years in the area the DeVincent family opens an expanded music center at 357 High St Morgantown with a ribbon cutting at 10 a.m. Tuesday. The event features civic leaders and a long list of local dignitaries while instructors teach on site.
MENTIONED IN THIS ARTICLE
DeVincent
Morgantown
Mason-Dixonland
High St
Frank de Vincent
High Street
Spruce St
Music Center
James DeVincent
Frank
Frank DeVincent
Pam
Shirley DeVincent Holliday
Jeff
Patty
Frank Allen
Jimmy
Arthur W. Buehler
James A. Ashburn
Patty Stevenson
Tom Jackson
Herman V. Walker
Joel Mannah
French still favor wine over whisky despite Scotch boom
A French government study shows only about 14 percent of Frenchmen drink whisky, and those who do drink it sparingly. Meanwhile wine remains universal and commonly consumed daily.
MENTIONED IN THIS ARTICLE
Paris
New York Times Weekly Index of Business Activity Dip
The New York Times Weekly Index of Business Activity fell to 292.7 last week from 307.4 the week before with the level compared to 288.9 a year earlier. The table lists the index and its components including Combined, Misc Loadings, and Other Loadings across sectors such as Steel, Electric, Power, Paperboard, and Lumber with seasonal adjustments.
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New York
New York Times
A P Appoints New Official Dean L Rins
A&P announces Dean L. Rins as Central Division Produce Representative for The Great Atlantic & Pacific Tea Company Inc. The appointment is announced by Divisional VP Clifford C. Smith. Central Division based in Pittsburgh, Pa. operates in parts of six states including Ohio New York Maryland West Virginia Kentucky and Pennsylvania.
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Dean L. Rins
Central Division
Great Atlantic & Pacific Tea Company, Inc
Pittsburgh
Ohio
New York
Maryland
West Virginia
Kentucky
Pennyslvania
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