Autos Lead Modest Advance In Opening Stocks
New York stocks rose modestly with the Dow Jones up 3.14 to 1,228.85 in early trading. Ford Motor gained about 1, Chrysler higher, and GM advanced to 71. Airline issues joined the early gains as transportation shares strengthened. Market activity showed big board volume of 75.53 million shares and broad gains on the NYSE and AMEX indices.
MENTIONED IN THIS ARTICLE
Ford Motor
Chrysler
General Motors
Knko
NEW York
NYSE
aMays Ami
Amea
MerLys
Arkla
Milli
AuiRich
Pardys
Chrysir
Chrys Pt
PepsiCo
Citicrp
Pittstn
ColgPal
Poland
Colt
Royld
Mat SonyCp
Exxon
Soumrk
Southco
Fordmwe
Stowic
StOlnd
StorTec
Valero
Cockinent Tel Ims Midland
National Gypsum
Dro Edison
Parker Hannifin Smocker
Sybron
Texas Abhives
Toledo Edison
Walco National Me
Woolworth
F.W
Teamsters reject layoff concessions plan in vote
Washington AP reports Teamsters members voted down a plan to cut laid off truckers wages in exchange for better rehiring chances. The tally was 94,086 against to 13,082 in favor.
MENTIONED IN THIS ARTICLE
Washington (Ap
Teamsters Union
Army cancels $1.25 million French contract
The U S Army canceled a $1.25 million award to MFL Berthier of France after Cincinnati firm Gray Tool protested. The Army cited unconsidered costs and noted extra transport for inspectors to France. New bids will be sought for three vertical boring mills for the Watervliet Arsenal in New York.
MENTIONED IN THIS ARTICLE
Cincinnati
U. S. Army
Ide Pe Gracies Jr
R-Ohio
Sail
Beache Automation Co
Cectly
Army
Mfl-Berthier
France
Wateraieit, N. Y. Arsenal
Gray
U. S
Gradison
Shadow Open Market Committee warns of renewed inflation risk
A group of private economists says major economies must slow money supply growth to avoid a renewed burst of inflation and weaker global growth. They urge linking money stock growth to output for the United States, West Germany, Japan, and Britain, and call for cuts in defense and social program spending to support recovery.
MENTIONED IN THIS ARTICLE
New York
Shadow
Open Market Committee
U.S
United States
West Germany
Japan
Britain
U.S. Federal Reserve Board
Federal Reserve
Congress
Reagan Administration
Buyers still resisting factory built homes
In Berwick Pennsylvania modular homes are touted as the future yet growth remains slow with modular structures representing only a small share of new housing. Industry figures note cost and value timing advantages despite market image issues and cyclical demand.
MENTIONED IN THIS ARTICLE
Berwick
Harvard Business Review
John Kupferer
Manufactured Housing Council
Red Book of Housing Manufacturing
Kupferer
Elliot Fabri
Contrempri Homes
Scranton
Don Shiner
Deluxe
Jay Shackford
The
National
Homebuilders Association
Deluxe Homes
Also Mentioned on This Page
New York Stock Exchange
American Stock Exchange
International Monetary Fund
Europe
Miiern
Wayne E. Cherry
I.R.A
Tineih
Seavey Trough
Seth Tecweran
Sawes Drarouecy
Mitsubishi Diamond Vision
Diamond ND Vision
TUES
Sthuas
FAI
TOSP
WED
SAT
Obortin Ave
Smees& Services
First National Bank of
Elyria
National City Corporation
Broad Street
2Nd St
Westside Lake Avene
Griswold Road
Midway Mall
North
Abbe Road
FDIC