Treasury bill yields shift as 3 month rise and six month fall
U S government data show three month T bill yields up to 7.975 percent on about 5.8 billion sold, while six month bills yield 3.051 percent after about 5.8 billion sold. The notes explain the rates, tax exemptions, and new private accounts limits effective Tuesday with changes in savings and loan and bank certificates.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Savings and Loan Associations
Banks
S&ls
Post Christmas shopping stays strong despite recession
Retailers report a late surge in demand with shoppers seeking value. J.L. Hudson Co. and J.C. Penney executives describe sales as better than expected and emphasize durable, practical items like sweaters. Stores opened after Christmas in some areas. Interior Secretary Watt withdraws thousands of acres in ten western states from wilderness consideration, affecting over 805000 acres with potential environmental impact.
MENTIONED IN THIS ARTICLE
Diane Norton
J.L. Hudson Co
Detroit
Ms. Norton
J.R. Pierce
J.C. Penney Co
Chicago
Pierce
Washington
James Watt
Interior Department
Terry Sopher
The
Wilderness Society
Watt
Congress
Stocks Monday Closing Prices Unavailable At Press Time
Associated Press reports that Monday's closing stock prices were not available by press time and the market opened with limited data. Investors awaited official figures as traders monitored early moves and earnings outlooks.
MENTIONED IN THIS ARTICLE
Wall Street
Associated Press
Press Time
Creston Livestock Auction Sees 330 consignors Sell 1085 head
Creston livestock auction Monday drew 330 consignors selling 1085 head including mine goats and 38 sheep lots. Calves priced from 0 to 359 with cross-bred and back to farm calves among lines. hogs pigs and shoats range 21 to 65 per head. cattle include choice steer 58 to 60, goods 56 to 58, heifers 57 to 61, cows 38 to 75, bulls 47 to 52, and feeder mates 30 to 60.
MENTIONED IN THIS ARTICLE
Creston
Stocks rise as Fed hints at lower rates to aid economy
The Federal Reserve policy committee signals a lower federal funds rate, boosting the Dow to a record close of 1070.55 with a 25.48 gain. Minutes from the Nov 16 meeting show intent to loosen policy and increase money supply amid fears of a deepening recession.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Dow Jones
Wall Street
Federal Open Market Committee
Federal Reserve
Fed
Money supply rises amid Fed rate debate in December
The AP reports the money supply grew by 600 million in mid December, while economists note the Fed may not raise rates due to weak economy. The FOMC reportedly voted to lower the target federal funds rate from 7 10.5 to 6 10 percent, with the average rate at 8.69 percent for the week ending last Wednesday.
MENTIONED IN THIS ARTICLE
Fed
New York
Federal Reserve Board
Federal Reserve
Federal Open Market Committee
Federal Funds
Also Mentioned on This Page
CPC Inter Inc
Dy Und Edison
Slam
Emerson Glhn
Parker Hanmfin
Pierre H. Smith
Excello
Searle (Gd) Co
Acme Cleve
Fruehauf
Smucker
AmerMachFaidry
Goodrich
Southern Caibe AmerShip
Sybron
American Standard
IC Industries
Texas Utilities
Bendix
Lear Siegler Toledo Edison
Mid-Continent
Tel
Midland-Ross
Amer Pacific Corp
Cleveland Electlogy National Gypsum
Woolworth
Creston Livestock
Amer-Wash
Dreyfus Fidelity
Vanety Jhn
HackVarty MassFin
MIT National
Vanguard
Ivest Vanguard Weil
Lorain County Farm Bureau Cooperative Association, Inc
Alcoholics Anonymous
Elyria
Ohio
Business News
Wed
Thur
Latean Ar Span
Schuenemann
Westlake
Sheffield Lake
Lake Ford
Parma
SEERA
Radio Shack
Tandy Corporation
Tandy
Moore
Elucia
Clevest
Elyria Ba Loven Kers
Majestic
Cleve. St
Continental Federal Savings
FSLIC
Continental Federal
InstaNet
Rpce
Continental Federal Savings Nassocia
Varmilion
Liberty Avenue
Midway Mall
West River Road North
Evyria
Lorain
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