Stock Market Ends Year With A Broad Rally On Wall Street
Trading remains heavy on the New York Stock Exchange as the Dow Jones and broader market averages push higher. Industrials and transport stocks show gains while several key industrials and utilities post notable climbs amid a brisk session.
Marathon Oil approves two for one stock split
Findlay Ohio Marathon Oil Co announced that shareholders approved a two for one stock split and a rise in authorized common shares from 20 million to 50 million. The split takes effect December 29 for record holders, with new certificates mailed January 26.
MENTIONED IN THIS ARTICLE
Findlay, Ohio
Marathon Oil Co
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Stock market record of dividends and unit listings
A dense OCR listing shows dividends, unit prices, and stock sales for numerous companies and industries. Names like Texaco, Merck, Dow, Motorola, RCA, Pfizer, International Paper, and Union Carbide appear beside share prices and percentages, reflecting a vast market snapshot with totals and year comparisons.
New York Stocks Rally After Fed Reserve Move
The market recovered from early losses as the Dow rose 2.89 to 897.83 and the AP 500 gained 0.2 to 93.89, with 12.53 million shares traded on the NYSE. Du Pont and American Telephone led gains while General Motors lagged with a large volume of shares changing hands.
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Federal Reserve
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Furnace Backfire In Fairfield House
Minor smoke damage occurred at the home of Steven Petrovich at 557 Reef Road Fairfield from a delayed furnace ignition yesterday at 12 40 pm Firefighters from Company One responded. Later at 4 09 pm they were sent to 657 Winnepago Drive Peter Hleva where an oil burner defect caused about 25 000 dollars in damage Three responded to the alarm.
MENTIONED IN THIS ARTICLE
Steven Petrovich
Reef Road
Fairfield
Company One
Peter Hleva
Winnepago Drive
Wood New President of Sears Roebuck
CHICAGO AP Sears, Roebuck directors elected Crowdus Baker vice chairman effective Feb. Baker has been president since 1960. Arthur M. Wood, a vice president in the Midwest, was chosen to succeed Baker as president. Culver J. Kennedy will take over Wood’s vice presidency after serving since 1962 as administrative assistant in the Midwest region.
MENTIONED IN THIS ARTICLE
Chicago
Sears, Roebuck & Co
Crowdus Baker
J. Baker Haseen
Sears
Arthur M. Wood
Baker
Wood
Culver J. Kennedy
Truck tonnage falls in 34 metros in late December
The American Trucking Associations reports inter city truck tonnage for 34 metropolitan areas declined 1.9 percent in the week ended December 23 compared with the same week a year earlier.
MENTIONED IN THIS ARTICLE
Washington
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