Slow Market Trudges To 1.88 Decline
The Dow Jones average fell 1.88 to 958.09 on a quiet session on Wall Street. Volume on the NYSE was 14.56 million shares, with total turnover 17.6 million across regional and OTC markets as investors stayed cautious amid high yields and bond attractiveness. The NYSE composite stood at 52.62, the American Exchange index eased to 101.43, and the Nasdaq OTC index slipped to 86.95.
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New York
Wall Street
NYSE
American Stock Exchange
Future Of Rotary Engine With GM Grows Shakier
GM said it deferred further payments for rotary engine license rights unless production starts. The company has spent about 100 million developing the engine, which faces fuel economy and emission hurdles. Mazda remains the only US-available rotary car, meeting standards but with weak fuel economy.
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Edward N. Cole
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United States
Inter dealer quotes update from Wheat First Securities
The document shows representative inter-dealer quotations as of about 4:00 p.m. Quotation prices exclude retail markup markdown or commissions and reflect ongoing market changes throughout the trading day.
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Wheat First Securities, Inc
Sun Oil raises gasoline prices at company stations
Sun Oil Co. boosted retail gasoline prices at its company owned stations by one cent per gallon as rivals had done in recent weeks. The nationwide regular price at full service stands around 57.5 cents, with self service about three cents lower due to summer driving demand.
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Francis B. Burch
Burch
West Virginia Weather: Warmest 83 in Charleston and 30 at Canaan Valley
A dry week across West Virginia featured high temperatures near 83 in Charleston and a 30 degree low in Canaan Valley. Rainfall stayed below normal statewide except in the Eastern Panhandle which saw above normal amounts.
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West Virginia
Charleston
Canaan Valley
Panhandle
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