Market rally continues as Dow edges higher in New York
The market extended last week's rally as the Dow Jones 30 industrials rose to 782.42 at 10:30 a.m. with advances led by energy shares. Occidental Petroleum jumped 2.2 percent after a $119 million profit on silver futures, Mobil rose 4 percent, while AT&T held steady. Commerce data showed the leading indicators index down 2 percent in February, signaling a slowing economy and reinforcing recession concerns. Volume on the Big Board reached 46.72 million shares.
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New York
New York Stock Exchange
Occidental Petroleum
Mobil
Commerce Department
Gold tops $500 level as dollar strengthens in early trade
Gold opened over $20 higher in Zurich and London with prices at $512.50 an ounce in London and $507.50 in Zurich while the dollar firmer against major currencies. In Tokyo the dollar closed at 249.70 yen as markets noted a rate rise to 19.5 percent. Trade was slow as traders eyed the higher rates.
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London
UPI
Zurich
Frankfurt
Paris
Amsterdam
Milan
Brussels
Tokyo
Carter unveils trimmed 1981 budget with mail plan intact
President Carter's new inflation fight cuts about 15 billion from January's estimate and preserves Saturday mail delivery while approving 300 million in city aid. The revised plan targets defense savings, revenue sharing cuts, and health, welfare, and highway reductions to achieve a balanced budget.
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Jerelyn Eddings
Washington
UPI
Carter
Congress
Cranston
Council On Aging
Postal Service
Strategic Oil Reserve
Market warns timid investors amid volatile week
The pace of February steel output edged down from January and last year while utilization rose. A cautionary article notes a jittery market feeding fear, inflation, and rumors, with Hunt brothers cited for rapid moves on margin. It argues short term speculation is unwise for small investors, urging a long term view despite foggy prospects.
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American Telephone & Telegraph
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U.S
Mali
Ann Wi
CA Corp
Herthwell
Warragal
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Baylon
Weprly
Woolworth
Ius Motors
Pierre R. Tki
Seuith Ca
Geondeie He
Adioh American Machine & Foundry
Harwyn
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Americandar
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Wili
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Hart
Kelly 'Y
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Mid Contine
Laine
Midland
Ma Laker Steed Ab
National Gypnuin
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Maloh
Parker Hannuin
McNett Au. A
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MOM AO
Senucke
Mahi Cory
Monsaiaty
Natuyen Ng
Mswi
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John B. Simpson
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John Cunniff
Mount St. Helens
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Loraine
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MoneyMate
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NGS
Wasaga Sag
Insura
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