Market sets record as Dow hits new highs
New York stocks surged to record highs as declines in interest rates sparked optimism. The Dow rose 16.28 to 1,092.35, with the transportation index up 9.06 to 469.43 and IBM noted among record gains. Fed rate expectations and lower broker-loan costs supported a buying mood, with NYSE volume at 101.8 million shares and many issues advancing.
MENTIONED IN THIS ARTICLE
New York
Dow
Reagan
Jack Baker
First Boston Corp
IBM
Federal Reserve Bank
Federal Funds
Fed
Federal Reserve
New York Stock Exchange
Perth
Kern
MGM Grand
Norstar Bacorp
Wil GhioSealy
Philpe Petrt
Prvidneeenergy
Putnemiyid
Putnam
Pton
Liz ‘St PaulSecur
Sterrapacit
TexastasCp
Watscolne
Wilnigelec
Chrysler to report 4th quarter loss in 1982 forecast
Chrysler chairman Lee Iacocca said the company will post a loss for the fourth quarter due to a five week Canadian strike that cost over 100 million dollars. He added the year will still show an overall profit helped by the 336 million sale of Chrysler Defense and a 226.2 million nine month profit.
MENTIONED IN THIS ARTICLE
New York
Chrysler Corp
Lee A. Tacocca
Tacocca
Chrysler
Iacocca
Chrysler Defense Inc
General Dynamics Corp
Egg price report across Midwest notes drops in wholesale
Wholesale buying prices in the Midwest show declines with Class 1 and Class 2 large eggs both at 41 cents, meat spots at 40, small eggs at 30, nest run at 37, and breaking stock at 32 cents per dozen as of yesterday.
MENTIONED IN THIS ARTICLE
Wand
Chicago
Midwest
New York
Spatell
Fidelity Puritan
Handy Vanguard
Creston Livestock Auction Sets Record with 377 Consignors
In Creston at the livestock sale, 377 consignors moved 1 031 head plus one dairy cow. Calves ranged from 50 to 90 dollars with varied grades. Hogs and sheep prices listed, cattle groups noted with Holstein steers, beef cows, and feeders across price bands. Additional figures include hogs and shoats, sows, boars, and bulls in multiple price ranges.
MENTIONED IN THIS ARTICLE
Creston
Stocks edge mixed after Dow retreat from record
Stocks opened mixed in New York with the Dow Jones industrial average slipping to 1,088.58 after a record 1,092.35 the prior session. Gainers led losers on the NYSE as transportation and utilities rose slightly amid hopes for a broadening economic recovery and potential Fed rate cuts. Sears Roebuck, Armco, and Hewlett-Packard advanced while Ford Motor fell.
MENTIONED IN THIS ARTICLE
NEW York
Dow Jones
New York Stock Exchange
Dow Jones Transportation and Utilities
Federal Reserve Board
Sears Roebuck
Armco
Hewlett-Packard
Ford Motor
Big U.S. automakers fail to meet 1983 fuel economy standards
Ford and General Motors say they cannot reach the 1983 government fuel economy standard of 26 mpg. GM projects 24.1 mpg and Ford about 24.3 mpg for the 1983 model year, relying on prior-year credits to avoid penalties.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Stan Hall
Ford Motor CO
Also Mentioned on This Page
By Gerald M. Connors
New York Daily News
Jayhawk Pipeline Corp
U.S
Jacocca
Richard J. Hetsko
Oberlin Clinic
Ing
W. Lorain St
Oberlin, C
Lorain
Wellington
Apt
Elyria
Oberlin
Cleveland
Gurances
Royal
Royal Business
Oman
Cleveland ST
Litten For
Columbus
Ohio
Eines
Creston Livestock
Lorant County Farm Bureau Cooperative Associaion the
Jocal Grain Kids
Merkel
Scripsit
Radio Shack
Tandy Corporation
IngerRagatt New York
KaisrAl
Abrand
Kroger
AmCan
AmCan vyManvt
Acwan
Mobil
NorSo Ag
Benda
Blchhr
Ty OcciPet
Boeing
Borden
Owenlabt & eProint
Owen
Penney
ColGas
PhilMrag
PhilPet
RCA
RalsPur
Reiche
Drest
duPontillo
EsKod
Eaton
Exxon
Sears
Sperry Srouel
Gmot
Texaco
Gillette Ata
Ussiteel
Goodyr
Westyk
Ford
Fmutton
EF. Hutton & Company, Inc
EF Hutton & Company, Inc
Penton Plaza
Chester Ave
F. Hutton
Holiday Inn
Midway Mall
Leanne
Howeve
Kame Phone
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