Stock Market Retreat on Broad Front Blamed on Auto Cuts
The New York market fell broadly with the Dow at about 859 and the NYSE index slipping to 48.58 as glamor stocks led losses while investors worried about auto production cuts and weak first quarter earnings. Nine of the 15 most active stocks declined as Merck and Rexall traded heavily and volume remained light.
MENTIONED IN THIS ARTICLE
New York
New York Stock’ Exchange
Associated Press
Standard & Poor
Rose
Borman
Reichhold Chemical
Nerox
IBM
Polaroid
Burroughs
U.S. Steel
Bethlehem
Jones & Laughlin
Chrysler
Ford
General Motors
American Motors
Merck
Techy
Rexal
Textron
Astern Air Lines
American Air Lines
Raytheon
Boeing
Gale Industries
Syntex
Xtra Inc
U.S. Treasury
New York Exchange
Oxford Pop
Monddy
New York Stock Exchange
Elanusie
Assoc
Abbott
Sacuap
Eliraco
Pact&t
bStorical
Copdman J
Pias
Agame Aig
Eareven
Aalemeo Et Bond
Pan Am
Tia Perkates Teyly
Gorter
Wales Vivir
Baie Salle
Igre
Stanray
FleEtnyicorp
al Industries
Case Beall
Penn
Castle
Alberioe
Dscvbeceecesetiadis
O.ll
Evershorp
Ceco Cp
Penney
AlcanAlum
Stokevc
AllegLu
Wu Gencoins
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Allied
Stouti Fa
Penozall
Studebok
SuburGas
Sunasco Ala
Ee Ee Sunos
Pet Inc Pt
IS. Ie Petralone
Sunbeam
AlliedKig
Fairmant
Allied PS
Sperry Rand
Sham OG
Gulf Ind
Allis Chol
Cent Sova
Cerro
Allisch
Atcoa
Esia
GFL SM
Pfizerc
Pac Pet Ltd
AmAlrfin
Chale Bk
Seay Am Boker
Chemeta
Amik
Chesebray
Massey
Talcott
Firestine
Yoton Inc
Eel prAd
AE Ag
Imp Cpa
Maytag V.toa
Tal Pilney
Ayia Tn
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AmCrySng
Vth Filat Pfad
Amtyon
Flindion
Otte
Chris Cratt
Pco
Extronix
Holst
FredFair
McDermott
Texaco
Pittston
Texeten
Foote CB
Interehon
Motors
Interea
Cinge
Procterg
MOMV
Freepsul
Thiokol
Fruento
Walpseeeg
Tal McNell
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Meredith
Wokoat
Erik Siti
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Walworth Co
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Lowenstnhe Northrop
Sean Brown Co
Wrigley
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Jobs Outlook For April Shows Mixed Signals In Market
The April outlook notes continued job availability despite layoffs and possible overtime cuts. Stock market estimates remain imprecise with bulls uncertain. Some economists foresee a difficult climb through 1968 and inflation memories temper producer and analyst expectations.
MENTIONED IN THIS ARTICLE
Useme
Nowhoresees
T. 5
Jelol
Steel output drops again lowering 1967 total
Steel production fell for a second straight week 1967 total now 41,936,000 net tons, down 3.8 percent from 1966. Week ended Saturday at 2,434,000 net tons, below 2,472,000 prior week. Regional indexes show varied activity across the Northeast to West.
MENTIONED IN THIS ARTICLE
NEW York
American Iron and Steel Institute
Northeast Coast
Buffalo
Pittsburgh
Youngstown
Cleveland
Detroit
Chicago
Cincinnati
St. Louls
Southern
Western
Also Mentioned on This Page
fAonarch Fa
Moron
University of Michigan
Michigan
Lan
Business Mirror
John Cunniff
AP Business Analyst