Word: bonding
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Jackson was held on $1,000 cash bond yesterday as investigators pieced together the suspect's past arrest record...
...Jones industrial average plummeted 67.63 points, closing at 3869.09 . . . N.Y.S.E.'s composite index dropped 3.72, to 255.91 . . . NASDAQ stock lost 7.76, to 768.96 . . . American Stock Exchange fell 2.98, to 458.15 . . . Gold up $3.60, to $393.60 on the Commodity Exchange in New York . . . The 30-year Treasury bond closed with a yield of 7.77 percent, up from 7.75 late Monday...
Meanwhile, the fat-cat dollar was gallivanting about the bond and stock markets, having an enriching experience. This the average bankroll couldn't do: bonds came in large denominations; bond funds didn't exist. Stocks bought in small quantities were called odd lots, like they were some kind of defective merchandise. The odd-lotters were mystified by stocks, and with good reason: the brokerage houses informed their big clients about every important development, but the small clients were the last to know...
...Jones industrial average up 3.37 points, closing at 3,936.72 . . . N.Y.S.E.'s composite index dropped 0.14 to 259.63 . . . NASDAQ stock lost 0.83 to 777.08 . . . American Stock Exchange gained 1.27 to 461.13 . . . Gold up $0.10 to $390.00 on the Commodity Exchange in New York . . . The 30-year Treasury bond closed with a yield of 7.75 percent, down from 7.77 late Friday...
...Jones industrial average up 19.52 points, closing at 3,879.86 . . . N.Y.S.E.'s composite index gained 0.52 to 257.84 . . . NASDAQ stock rose 5.82 to 765.83 . . . American Stock Exchange up 1.75 to 456.81 . . . Gold dropped $0.30 to $390.60 on the Commodity Exchange in New York . . . The 30-year Treasury bond closed with a yield of 7.68 percent, down from 7.71 late Monday...