Utilities Stocks Rally as Rates Ease Despite Sector Risks
Analysts note utility shares have risen over 18 percent alongside a Dow gain as lower interest rates reduce their relative appeal, with dividends offering inflation protection. Despite high payout ratios and lingering issues like accidents, the sector remains attractive to income investors seeking growth and steady yields.
John Cunniff and New York Stock Reports Featured
A brief caption notes John Cunniff and the American Stock Reports as prominent items in the August 5 1979 issue of The Post Standard. The fragment highlights stock market coverage and a byline style typical of the era.
MENTIONED IN THIS ARTICLE
Heralds
American the Post
Standard
Clubs favored for investing
AP reports that investors can bypass brokers by joining the National Association of Investment Clubs NAIC and buying stock through member plans at low handling fees. The plan supports regular small investments in hundreds of companies with compounding dividends, aiming for long term growth and about 10.46 percent annual returns.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
National Association of Investment Clubs
National Association of Envestment Clubs
Association 15
Thomas O'Hara
Amenca Telephone & Telegraph
Internatioon Telephone
Foxboro
Federal Mogul
Dana Corp
Gould Inc
National Liberty
Kuhlman Corp
Better Investing
East
Eleven Mile Road
Royal Oak
Michigan
NAIC
Newsprint Prices Set to Rise Further Across Industry
New York AP reports newsprint will climb another 30 a ton this fall, lifting year to date increases to 17 percent since February. Major producers Abitibi, Consolidated-Bathurst, and Great Northern priced hikes, with mills facing tight supplies and industrywide cost pressures from labor and energy.
MENTIONED IN THIS ARTICLE
New York
Abitibi Paper Co
Canada
Consolidated-Bathhurst Inc
Montreal
Great Northern Nekocsa
Stamford
Conn
Consolidated
Great Northern
Abitib
American Paper Institute
Europe
Japan
American Newspaper Publishers Association
Wright sees inflation easing and stocks rising reach
Wright Investors Service notes inflation is cost driven and will moderate by year end with an annual rate near 2.5 percent. Over five years inflation may dip to 2 percent or less, supporting stocks as a hedge. Long run equity values should follow earnings and dividends growth as prices catch up.
MENTIONED IN THIS ARTICLE
Bridgeport
Wright
Nam ed GM Robert L Schultz named general manager at Radisson New Community
Robert L Schultz of Skaneateles was named general manager of the Radisson New Community in Lysan der Town. He will oversee administration of residential, industrial and commercial development, having joined Radisson in 1978 as director of residential development and becoming assistant general manager in 1980.
MENTIONED IN THIS ARTICLE
Robert L Schultz
Skaneateles
Radisson
Porcello Takes a Week Off From Herald American
Porcello vacation pauses Herald American Business Editor Joseph A. Porcello. his monthly column resumes next Sunday. Markets show higher inflation risk as second quarter balance of payments deficit edges up to 7.64 billion from 6.4 billion, driven by oil and car imports. Kuwait plans output rise delayed to April. Algeria and Nigeria cut earlier. Oil prices likely stay elevated with possible OPEC emergency meeting. Agriculture July farm prices rise 0.75 from June. farm and factory data show June orders down 1.3 percent, spending down 0.3 percent. unemployment up to 5.7 percent. Big Board volume 165,487,180 shares. NYSE totals 189,803,410. (Concluded on Page 29)
MENTIONED IN THIS ARTICLE
New York
UPL
Wall Street
Carter
Paul Volcker
Federal Reserve
Chrysler Corp
Standard & Poor
Volcker
Velcker
Bus
William Miller
Bankx
Fed
Herald-American Business
Joseph A. Porcello
Kuwait
Algeria
Nigeria
OPEC
Agriculture Department
NYSE
Bond market climbs on slowing economy and lower money supply
In New York Salomon Brothers reports broad gains across government and corporate bonds as signs of economic slowdown and a contracting money supply boost prices. Government long bonds rise over a half point. three, seven and 30 year Treasuries yield 9.66, 9.0 and 1.92 percent respectively. Municipal and money market yields shift modestly amid strong new-issue reception.
MENTIONED IN THIS ARTICLE
New York
UPD
Salomon Brothers
Salomon
Treasury
Treasury Bill
Nates
Corporate chiefs favor Republicans over Carter in survey
A survey of 770 corporate CEOs by The Gallagher Presidents' Report finds 95 percent would not vote for Carter this year and four in ten prefer a Republican president. John Connally leads with 15.4 percent followed by Ronald Reagan at 8 percent.
MENTIONED IN THIS ARTICLE
New York
America
Jimmy Carter
Gallagher Presidents
Intive
Texas
John Connally
California
Ronald Reagen
Spotlight on stocks amid NASD market fluctuations
The day saw activity across major NASD listings as prices moved through intraday sessions. Market markers indicated widespread gains and losses with notable shifts in mid session, reflecting shifting investor sentiment and sector rotation.
NYSE and AMEX Most Active Stocks Displayed in Market Wrap
A fragmented market page highlights the most active listings on the New York Stock Exchange and American Stock Exchange. The report notes price changes, trading volumes, and weekly performance trends with emphasis on notable movers and market activity.
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Whb
Dow Jones
Wen
Ulogi
Utes
Barrkberg
Bet
Sd & Foor Gy
Na Ee
Joseph Garcia
Dean Wee
S&p
Naes
Sep
Firth Alst
Lille Island
Complete
American Stock Reports
Weyerhauser Co
Crown Zellerbach Canada Ltd
Vemenny
Georgia-Pacific Corp
Dudley, N.C
Georgia- Pacific
Jimmy
Local Securities
Ananen Microwaxs Bhailo
BN Ve Continental
Insutancs BA Gould Fumps
Hamiton Eng
Lancoin First Bank BM
Lee Ine
Mristala Rael
Pere
Eo Vretory Varie
AMEX
Gainers
Dew-Jones
Rew
York
Asaris
Gomas
Gentare Co
Memnorx
Barneg
Domenin
Shanes
BOW Jones
Ta Deere Pawl
Industri
Standard & Poor's Standard & Poor