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<br /> DOW NASDAQ S&P 900 ,' 'GOLD OIL ,::
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<br /> 11,577.51� 2,652.87 1,257.64 $1,421.10' ' $91.38 .
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<br /> �``� NeW. re ram the size of.a'pack of cigarettes ,termquestionsandconcerns. discount offered on insurance that Drive Wise will become
<br /> p g that,,plugs into the;vehicle's Frederick .Lane,; author .of outweighs the `other potential much more sophisticated,mak-
<br /> WOrr1eS 50111e onboard computer through the "American Privacy: The 400- use 'of the data down the road, ing it possible'to track nearly
<br /> diagnostic port, usually under, Year History of Our Most Con- he said, everything,' driver does," Fish
<br /> P adVOCateS the dashboard. .tested Right," said he sees few Allstate said its rates won't said. "Allstate may, be claim-
<br /> 11 � Steve Rosen1 . %
<br /> 11 , , IChicago Tribune For consumers' concerned.'problems with Allstate's pro go up based on the behavioral ,ing that'�the behavioral ratings
<br /> 1. about Big.Brother,Allstate said gram,provided that it's,collect scores,but discounts of up to 30 'will not increase'rates; but we
<br /> 1 � I ' CHICAGO - Slamming on the device tracks only factors •ing only the'information it says ,percent can be earned by driv- ,believe policyholders with poor
<br /> old 'adVi�
<br /> e r the brakes? Doing 100 mph:' used to calculate a driving score, it's gathering and that the pro-, ers with the safest_driving and ' ratings"could see their policies
<br /> on the ,highway? Maybe you including mileage, hard or ex- gram remains voluntary -and low mileage scores. . canceled.
<br /> won't'- if your car insurance treme braking, and maximum offers benefits to drivers; . Allstate 'believes that, 'ad- Fish also envisions the day
<br /> Valuable, to
<br /> I I I .company is watching you. speed. Speeds of more than 80 But the program raises sev- opted broadly, Drive Wise can when such..programs probably,
<br /> • Allstate'Corp.has launched mph hurt the score. eral potential longer-term quest save thousands of lives and mil- won't be voluntary.
<br /> Kia, t oda. a voluntary program that uses Allstate policyholders get an tions,Lane said. lions of dollars in injury losses Progressive has a program
<br /> ` ✓ a device 'installed in a'car to immediate 10 percent disc6unt "In the event of an accident;, and property damage annually. similar,,to Drive Wise, called
<br /> reward safe and low-mileage� ,for enrolling.Later policy peri- who has access'to this data? On the.surface; Drive Wise Snapshot.
<br /> Elbert Hubbard de- Illinois drivers with savings of ods use aperformance rating,in Could an attorney ask for it in looks•haimless enough and will . State Farm offers its Ohio and
<br /> scribed himself as a � up to 30 percent. which driving behavior and total discovery for personal injury likely ',benefit "lower-mileage -California customers who have
<br /> bornsalesman,an arts ' The auto insurer plans to ex mileage determine the discount: 'lawsuit? Could the police sub drivers.and those who exhibit OnStar the,opportunity to re-
<br /> and crafts entrepreneur and pand the program,called Drive' Other insurers, ; including poena it as part of a criminal, safe `driving habits, said Jim ceive discounts`based on mile'
<br /> a hone-spun philosopher Wise,to other state's as early as Progressive and State Farm, investigation?Could any of this- Fish,`.executive director of'the,, age. Called Drive Safe & Save
<br /> who promoted the ideals of the second quarter, have also begun using gizmos" information be useful to a gov National`Association of Profes-° the program was rolled out in
<br /> industry and the virtues of ;Drive Wise participants get a to help track driving,but the in- ernment'agency?"hewonders. signal Allstate Agents. those markets in,August 2009
<br /> hard work.. small, wireless'gadget - about' dustrytrend raises some longer- "The question is whether the But"there can be no question and�December,respectively. '
<br /> That's how he made his: I 1,
<br /> mark in the late 19th and ` _� , , , �' �` "I I ''. ,� b , 0 ,�� �Nts�" , ,,
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<br /> `sage ofEastAurora,
<br /> N.Y.,Ieftbehind abodyof
<br /> workthatfilledmanybooks,
<br /> 'O timism on
<br /> pp
<br /> including one Lrecently came Y
<br /> across called"The Notebook e 11x ko +216, ,I ` 3-;
<br /> ofElbertHubbard."Published economy spurs FSNetwarkslnc y r�145,7�10':
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<br /> byfamilymembersin1927,the �Gun+fficrtslttc f'11, ��,
<br /> cardboard-bound bookis filled._ 111arke 1 l llgj lerI . XI *9 6 , I
<br /> with quotations,truisnsand Zi�nsgancorporation +S$9f w"
<br /> commentaries that no doubt NEW,YORK AP - For in I-lunt�nto Bar c682 11 I
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<br /> ( ) Akamat Teehnolo es ,«$57 ,'
<br /> inspiredmanyofHubliard's vestors, 2010`was a 12-month o� ' � T
<br /> Whole food Maiw +B4 3
<br /> generation and shaped their ug of war between optimism a y 3
<br /> Prlcel�necowIne 6 9 �. , ,
<br /> attitudes about the workplace, and doubt. Stocks, initially ° ., % P`
<br /> business and ethics. strengthened, the job market Qwest Co1nm +6a �' ,4
<br /> Even in our ever-changing `didn't„and fears of econ1 .omic „� °"`°as{ r°mra°tser11 i � °` ''
<br /> world,where last year's collapse in Europe and a chilling Vl I
<br /> .,
<br /> technology seems so obso- flash crash left many investors , wont end in 2011. All of the �, �
<br /> tech � ,.
<br /> lete,I think Hubbard's words` almost too stunned to act. economic indicators are point- w� ��'l+��ia a I
<br /> from simpler times still have The year ended with stock ing-to stronger .growth,''next lu "' '
<br /> e^
<br /> meaning for today's younger markets'at their highest level year,"said Peter Cardillo,chief "T
<br /> generation.Some examples since the 2008 financial`cri- 'market economist at New York- ,fix
<br /> "Folks who never do any ' sis on signs of an improving based brokerage ';firm Avalof
<br /> more than they are paid for,' economy.But those same signs Partners Inc. 11.1
<br /> never paid more than they are producing worrisome side .Trading on Friday was quiet 3� z
<br /> do. , effects: Interest rates"are;on and .marked bysome of the low- _
<br /> z ,
<br /> "Talk less and listen more:' ' the rise; gold now tops.$1,40b est trading volume of the year. 11 I V v "� ,
<br /> . "The best re aration for an ounce,and oil prices,poised The Dow Jones Industrial aver- I �•• £�, �3
<br /> preparation
<br /> good work tomorrow is to do to exceed $100 a barrel, could age rose 7.8 points 0,11,57751. , ', �f
<br /> good work today." send pump prices to$4'a gallon. The S&P '500.fel_l less than a �- 31" - „F.R ",..3" �el �1
<br /> "How manya man has': � S=-i W� ,,17001.,=11,
<br /> 1.
<br /> , None'of that seemed'possible .point to 1,25764: The Nasdaq DARIO CANTATORE/IJYSE Euronezi
<br /> thrown up his hands at a time in the spring, when many in- ',composite fell 10.11 to 2,652.87. Traders open the market Friday,the year's last day of trading,at the New York Stock Exchange:,
<br /> whena little more effort,a , vestors became convinced that For the year, each index re-,
<br /> little more patience would - ' the economy would fall back ,turned double-digit gains.Over STOCKS OF LOCAL INTEREST I source:Yahoo!Finance
<br /> have achieved success?" into recession.�Ti starting the course of 2010: Chgfrom 52 Wk Chg from 52 Wk Chg from 52 Wk Ch from 52 Wk
<br /> Name Last Low High g
<br /> " machine can do the in summer,the mood shifted. The Dow gained:, 1,149.46 g Name Last Low Nigh 'Name Last Low High Name Last .;Low Nigh
<br /> One
<br /> workoffiftyordmarymen. Government'reports started points,or 11 ercent.Withdivi= Apple 322.56+132.31 -4.10 Costco` 72.21 +18.80, =0.95 MetLife 44:44"+11.04 -3.31 Sprint 4.23 +1.13 -1.08
<br /> � , . P
<br /> AT&T ,29.38 +5.60' -0.18 Dana 17.21 '+B.26 0.78 NwsCorp 14.56 .+2.95 2.44 Tmpllnld,;21.24 +5:76 3:79
<br /> ' Nor achine can do the work to show the economy was gain- dends, its-total return rose to 'BofA 13. 4 +2.43 -6.52` Dillards 37.94 +23.00 -1'16 OfcDpt ,5.40 +2.04 -3.79 'Tenet 6.69 ;
<br /> 2.77 0:1Z
<br /> of one extraordinary man." ing some strength. Corporate � 13.99 percent.
<br /> 11 BstBuy -34.29 +3:39 14.54 Diamnd` 53.18 +19.90. 2:79 Oracle 31130 +10:06 ,0.97 llnionPac92:66 +32.25 ' 3:12
<br /> . BluCoat '29,87 +12:66 -6:38'- Ford 16.79 +7.04 -0:63 PG&E 47.84 +12.89 -0.79 %USG 16.83 +5.62 -8:76
<br /> "It profits'surged.And Federal Re- -' The S&P 500 index gained BudNSF 100.21+4935 =0;05 GnMills 35.59; +2.48 3.39 PacEth 0.7217 +0.35 2.03 -U +
<br /> 5Bncp 26.97 6.53 -1.46
<br /> youwant,provided.youfirst ,serve Chairman Ben Bernanke 142.54 points, or 12.8 percent. -'Calmr 37.27 +3.46 -2.43 GnMtrs 36.86 +3.79 -0.12 PacStBk 0.0370 -4.97 19.38 Vorizon '35.78 +9.79 +0.01
<br /> Chevrn 91.25 +24.42 -1.14 Google; 593.97+160.34-36.88 Penney 32.31 +12.89 -2.81 Walgrn '38.96 +12.70 -1.24
<br /> learn to do without thethings signaled that the central bank Including dividends, its total Cisco 20.23 +1.23 -7.51` Granite 27.43 +6.21 -8:57 Pepsi 65.33 +6: - +
<br /> P 58 2:78 WeIIsF 30.99 7.97 _ 3.26
<br /> you cannot get."' was prepared to pump hundreds return came to 15.1 percent.. CocaCola 65.77 +16:30. -0.11 Heinz 49.46, ,+9.46 -1.31 'RiteAid 0.8832+0.02 ' 0.89; YRCWwd3.72 +1.22' =25:7
<br /> 8
<br /> "There is no such thing as` of billions of"dollars'into-the '•Arid the Nasdaq index gained co,sstela 22.58 +1.56 -3.74 HomeDp 35.06 +8.44 -1:97 Safeway 22.49 +3.76 -4.55
<br /> Co 22.15 7.55 -0.37 Lowes 25.08 +5.73 -3.46 Saralee 17.51 +5:84 -0.21 -
<br /> success in abadbusiness:' egonomyto stimulate'demand. 383.72,or 16.9 percent,to close CostPls 9.70 +8:75 -3.18 'M[Dnlds 76.76 +15.70 -4.18 simpsn 30.91 +9.67 -4.68
<br /> "Writer'scramp is caused By the close of trading Fri- at 2,652.87.After dividends,its
<br /> ...,...
<br /> .. ......-' ......
<br /> b undigested
<br /> y ideas and un- day, double-dip recession fears total return came to 18 percent. '
<br /> ,pronounceable words." seemed:'like distant memories. In other markets: thrill ride downward after it be= "The flash crash made retail What changed?g
<br /> "The greatest mistake The Standard&Poor's 500's 15.1 The yield on the 10-year Trea- `came clear that Greece 'required investors take a step back and, Shi in co. : an UP5 and
<br /> 1. y to be percent gain for the year, after - Pp g mp Y
<br /> you can
<br /> make in life is sury note .ended the,year at "an emergency bailout,to`deal say, `Is this really just a legal construction equipment maker
<br /> continually fearingyouwill dividends,was 53,percent more 3.29 percent.That's low by his- with its debt crisis and fears of a ized gambling °arenaT,", said: Caterpillar ' viewed as ,two
<br /> make one:' , than its average historical gain. torical standards but up from double-dip U.S.recession grew. Scott Rostan, a financial con- bellwether indicators for the'
<br /> "Better g Y
<br /> sif h end one fault in Whether the ains will con- an earl October low of 2.38 Then came.what came to be sultant for investment banks economy both said they saw
<br /> yourself than a hundred m tmue into 2011 will depend in percent that helped push mort- , known as the flash crash" on, and an adjunct professor at the signs of improvement'
<br /> t your neighbor.. part on''how quickly 'the un- gage rates to 50-year lows.Now, 1VIay 6.The Dow,already down University of North Carolina, Then'''just days after Bei'-
<br /> - Y
<br /> Before you are fit to give employment'rate, now at 9.8 mortgage rates are rising again. about 400,point's on worries Chapel Hill. r. nanke promised to flood'the ,
<br /> orders,you must be wilting to percent, drops. That will, in •Economists are predicting the about Europe, dropped 600 Stocks stayed in a. funk econom with dollars
<br /> Y ,investors
<br /> I take iven Y y, 2011 points in seven minutes. It re through the early summer'as °of une "ectedl good news on I
<br /> orch s orders.
<br /> s has always beenta a consumers
<br /> are t mcre se their dollar.ter rt fell fare better in g p Y g
<br /> against the euro and bounded 700, then fluctuated economic reports kept pointing Sept.1 about manufacturing in
<br /> man who has played second spending and how likely corpo- the Japanese yen in 2010. before closing with a loss of 347; to an uncertain recovery, and the U.S:and China.
<br /> fiddle:' rations a`re to spend the more For stock investors,the num- The sudden drop was later ' ,as the battered housing mar- "It was a market that n
<br /> "The habit o g eeded
<br /> f borrowing than$l trillion in cash on their bers-mask the.fact that it was a tributed to a fund company that ket was hit again,this time by stimulus and responded mirac
<br /> small sums of money- balance sheets. rocky year. The Dow,reached used a complex computer,trad-' the end of tax credits for home ulousl '� said uinc Krosb ` '
<br /> anticipating payday,- 5 Y Q Y Y
<br /> p g p y y-is Manyon Wall Street-are op, , 11,205 and the S&P 500 reached ing program.It had a profound buyers:By July 2,the Dow bot- ' the chief market strategist '
<br /> ategist at
<br /> a pernicious practice and „ : tmistic that the bull market 1,217 in late`April, then took a, .effect on individual investors. toured out at 9,686.48. Prudential. '
<br /> breaks manya;friendship." ......-`. ..-.... .....:. ......... ......:. .' . . .:.::.
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<br /> ` "Do work with your whole,
<br /> heart andyou will succeed= c�rnI I y) .' 0
<br /> there is"so little competition.", l Gold .a Standout all,lo CQM-flditiesiI'r �
<br /> "The actual benefit of �,J 111 9 pas sin1�40 I
<br /> college'does not come so' ' 11
<br /> g
<br /> In
<br /> from curriculum as, 1VI1dWeSt,far111erS speculators `betting that they. t ••;, dict hi her inflation is in
<br /> from the change of'envi- g evrta- ever for farmers in the U.S.Mid
<br /> ® gcould profitably ride the;mo- ble.Other precious metals like west. The USDA redicts that ,
<br /> ronment.,Newpe'ople,new p.
<br /> mentum
<br /> 11 silver,also moved higher. net farm income'for,2010 will'
<br /> scenes,new con1.ditions with see incomes soar the rice increases'and volatil- •
<br /> ' p a Gold is much more of a uni- be'.$81.6 billion, up 31 percent 1
<br /> which to cope-these are the ST.LOUIS(AP)-From gold ity,will continue well into 2011. �;n versa tied e and t ,
<br /> things that work for growth:' to rains to oil commodities "P 1 , a °� ' g hats why from 2009 and about 26 percent,
<br /> g cop a are looking to getout ;. :� there is more of a,dramatic 'higher than the annual avera e
<br /> ,.. i ' , g
<br /> "The recipe for perpetual finished 2010 at or close to their of the dollar ,and stocks have g
<br /> ® � price movement,"said"Edward over the past decade. Farm in
<br /> ignorance is:Be satisfied with highest levels in years. runup so much that commodi- ,.
<br /> Meir, senior'commodities ana- comes are likely to' grow=
<br /> your opinions and content Gold closed"� Friday at ties'are looking like a good al- y i�,
<br /> with your knowledge."' $1,421.10'an ounce,up;roughly ternative,"said Spencer Patton, l st at MF Global in New york. ing m 2011 on strong commod-
<br /> Gold should continue to rise. ity prices and export demand,
<br /> y after an founder and chief investment MCT well into the second half of 2011 , accordin to a r' ort released"
<br /> Enthusiasm is the great 31 percent for the ear a g ep sed
<br /> hill-climber. almost uninterrupted; climb officer for `hedge fund Steel A rare 1933$20 gold coin once- said Rohit Savand,a senior com-- :Wednesday b the Kansas City,t3'
<br /> ■ Hubbard hued an extraor- since J1.anuary.Grains•and soy- Vine Investments LLC. owned by Egypt's King Farouk`;; modityanalystwith CPM Group Federal Reserve Bank. I
<br /> dinarylifeasabusinessman beans capped off arally that Gold was the clear stand-_ is worth millions,but all gold inNewYorkPoliticalinstabli '
<br /> populist orator andworld _ started this summer, and oil out m 2010.It traditionally has coins gained value'in'2010. = such as'militar to Smaller reserves of corn and
<br /> y nsions`:on •soybeans `this' year couldn't
<br /> prices ended the year at levels been viewed as a classic shel- the Korean Peninsula-coupled satis ,ever- owin to
<br /> traveler.lVotbad for someone • fy gr g g bal de ,
<br /> I
<br /> was raised in humble many analysts considered,un-; ter investment, often,used- as dramatic actions to stimulate with further stimulus Tans and mand '
<br /> • P ,sparking a price rally over ,
<br /> surroundings. achievable just six months ago, a hedge against inflation. That <their'economies,gold starting 'bailouts in Europe mean gold's the summer that has ett -
<br /> Y . o abate.
<br /> Contact Steve Rosen, a The jump in commod- kept it idling for much ofthe de- moving higher as interest rates safe-haven status will kee it in Wheat ri
<br /> P P ccs.also climbed as
<br /> tY p Y the global financial dropped `to record.lows and high demand. drou hts,fir '
<br /> ki
<br /> tY seemingly; droughts,,, es and heavy rains I
<br /> I Iat ThePersonaKa Kansas Ci l finance � Stars at Chinas e seemingl n driven
<br /> able crisis 'emerged in 2008._Then, .some currencies fell in,value. Meanwhile 2010
<br /> srosenCkcstarcom. , marked around the world slashed the
<br /> demand for raw,materals and as central banks started taking That led some investors to pre- one of the most profitable years, amountofgrainforharvest. i
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