Exact(1)
The general point is that credit is not a zero sum game in which gains to creditors equal losses to debtors; both can lose as prices fall.
Similar(59)
But I can't believe that no paper or magazine which gains access to this memo will shrink from publishing it.
Eric Kokish of Canada is this year's winner of the American Contract Bridge League's Blackwood Award for long-term service to bridge, which gains him admission to the league's Hall of Fame.
He also recommended Atlantic Richfield, which rose 2 7/8, to 118 3/4; Chevron, which gained 1 3/4, to 70 1/4; Mobil, which rose 3/4, to 62 1/2, and Texaco, which rose 3/4, to 60 1/2.
Other bright spots on the Dow included Minnesota Mining and Manufacturing, which rose $2.66, to $109.81; I.B.M., which gained $2.07, to $103.96; Eastman Kodak, which was up $1.08, to $45.74; and Alcoa, which rose 76 cents, to $38.16.
Among the Dow's leaders were Minnesota Mining and Manufacturing, which rose $2.63, to $111.88; Caterpillar, which gained $1.55, to $55.10; and Philip Morris, which increased $1.83, to $45.50.
The shares, which gained 0.4 percent to $150.65 ,rose 2.2 percent to $154.80 in after-hours trading.
The Dow was led higher by J. P. Morgan, which rose 4 11/16, to 134 9/16; American Express, which gained 4 1/8, to 143 3/16; and Citigroup, which closed at 62 1/4, up 3 1/4.
According to The Sydney Morning Herald, which gained access to the list, about half of the banned Web sites are not related to child pornography.
Merrill Lynch upgraded Delta Air Lines, which gained $1.30, to $27.09; Alaska Air, which increased $1.36, to $21.16; and Atlantic Coast Airlines, which gained $2.33, to $15.94.
The greenback strengthened to 108.28 yen, boosting exporters like Toyota Motor, which gained 2.9%, to 5,650 yen ($52.18), and Nissan Motor, which rose 2.2%, to 978 yen ($9.03).
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Justyna Jupowicz-Kozak
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