Word: dowing
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Dates: during 1980-1989
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...different chemicals, was produced in the U.S. last year, and an additional 79 million lbs. was imported. MIC is stored or used at plants in New York, West Virginia, Texas, Alabama and Georgia. Those insecticides not dependent on the compound, like malathion, are also construct ed of toxic molecules. Dow Chemical Co., one of the nation's largest producers of agricultural and industrial chemicals, is reconsidering its safety and spillage codes. American Cyanamid, a major chemical manufacturer, is busy comparing its emergency procedures with those of Union Carbide...
...behalf of the victims last week is a staggering sum, even for a company the size of Union Carbide. With assets of $10 billion and 1983 sales of $9 billion, it is the 37th-largest U.S. industrial corporation and the third-biggest chemical manufacturer after Du Pont and Dow...
...surface, reform of the federal income tax, which has been debated for decades, would seem to be an idea whose time has finally arrived. The demand for change has been fueled by public indignation over reports that such highly profitable corporate giants as General Electric, Boeing, Dow Chemical and Transamerica have paid no tax at all in some recent years. There is widespread discontent over tax shelters that have brought investors $2 or $3 in write-offs for every $1 invested. The underground economy, which deals in cash transactions that leave no paper trail, permits its participants to evade some...
...Reserve Board, which influences the funds rate through the amount of money it supplies the banking system, was easing monetary policy and would allow the cost of credit to fall. That plus the good news about oil caused bond prices to surge and the stock market to stampede. The Dow jumped nearly 20 points in half an hour, and its gain of 29.49 for the day was the biggest since a rise of 36 on Aug. 3. On Friday trading was again heavy, and the Dow gained a half-point to finish at 1225.93, up 35 for the week...
...least, this election year has been a different story. Despite rallies last week and in the summer, stocks are down for 1984. At its close last week, the Dow Jones industrial average was 32.71 points below its 1258.64 level at the end of 1983. The performance is ironic because Ronald Reagan, Wall Street's favored candidate, has been way ahead of Walter Mondale, despite some recent gains by the Democrat. Wall Streeters say that if Mondale were in front, the market would be doing much worse. Investors are leery of his plans to reduce the federal deficit by raising...