Stocks parade gains and losses on mixed market
Scattered steels, mines and motors led gains while many industrials and recently buoyant rails sank on profit taking. Buyers seeking income steadied prices as traders expected a technical correction after the latest advance to year highs. Reports tie the NYSE to Eisenhower visit and feature major issues including General Electric, General Motors, United States Steel, DuPont and Anaconda through mixed trading. Pittsburgh and Chicago produce lists show livestock, eggs and butter prices with regional variations and notices of appointment for estates in Ohio.
MENTIONED IN THIS ARTICLE
New York
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Eisenhower
Court Rules on AP Litigation Continues Debate
Justice Roberts contends the ruling risks press suppression by forcing a full regimentation of views under court injunctions. He argues Congress should write regulatory law rather than rely on decrees. Chief Justice Stone dissents with Justice Murphy urging reversal and remand for possible settling.
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