MH Composite Drops again, Liberty Homes Plunges, Deer Valley Moves up

stock_report_Sept_3The five percent fall of the Euro against the dollar over the last three months, and the slide of prices for goods leaving European factories may ring an alarm bell for other Western countries because of the close ties of the world economies. In today’s trading on Wall Street the Dow Jones Industrial Average gained modestly, +0.06 percent, +10.72, to end the day at 17,078.28, but both the Nasdaq and S&P slipped, the Nasdaq falling -0.56 percent, -25.62 point, to end the day at 4,572.57. The S&P 500 nudged down -1.56 points, -0.08 percent, to finish at 2,000.72. The Manufactured Housing Composite, which ended the day yesterday at 623.7 after falling -0.87 percent, fell again today -3.05 percent to close at 604.7. Deer Valley Homes posted the highest percentage gain, +7.50 percent, +0.0.86 points, to close at $0.86. Meanwhile, Liberty Homes dropped precipitously, -23.33 percent, a loss of -0.35, to finish at $1.15. Affiliated Managers Group (AMG) $211.54 +0.39 (+0.18%). Berkshire Hathaway (BRKA) -parent company to Clayton Homes, 21st, Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $206,438.00 -302.00 (-0.15%). Carlyle Group (CG) $33.01 +0.17 (+0.52%). Cavco Industries (CVCO) $68.68 -1.77 (-2.51%). Equity LifeStyle Properties (ELS) $45.72 +0.02 (+0.04%). Killam Properties Inc. (KMP) $10.53 0.00 (0.00). Louisiana Pacific Corp (LPX) $14.17 -0.15 (-1.05%). Nobility Homes (NOBH) $11.00 0.00 (0.00%). Patrick Industries (PATK) $41.87 +0.03 (+0.09%). Skyline Corp. (SKY) $3.01 -0.16 (-5.05%). Sun Communities Inc (SUI) $53.97 +0.18 (+0.32%). Third Avenue Value Fund (TAVFX) (Sept. 2) $62.35 -0.07 (-0.11%). UMH Properties (UMH) $10.28 -0.11 (-1.06%). Universal Forest Products (UFPI) $47.11 -0.11 (-0.23%). ##

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