Beginning Thursday, the Rockford Register Star is dropping its stock and mutual fund listings for a one-page listing of economic indicators, according to an announcement in Sunday’s newspaper.
The paper says that it will continue to publish about 1,140 stock listings and 190 mutual funds Tuesday through Friday. On Saturday, it will publish about 3,550 stocks and 1,950 mutual funds.
It also notes the emerging trend for business sections to cut stock listings: “Newspapers across the country are taking similar steps with stock listings. The Chicago Tribune, The New York Times, the Baltimore Sun, the Newark (N.J.) Ledger, the St. Louis Post-Dispatch, the Kansas City Star and the Bergen Record — among others — have implemented or are developing plans for streamlining stock listings.”
The Rockford paper says nothing about rising newsprint costs for its reasoning. What it says is that more people are getting their stock prices from the Internet, and that the financial information on its Web site remains unchanged.