Market Corrects January Advance Amid Mixed Dow Drop
New York stocks fell for the third straight session as the January rally cooled. The Dow dropped 0.72 to 50.84 amid slumping auto output and weaker durable goods orders. Trading volume reached 6.54 million with 62 advances, 684 declines, and notable activity in Kroger, Universal Oil Products, and Joy Manufacturing as investors weighed lingering overbought signals against demand for low-priced shares. Tech and utility shares showed mixed moves while the broader market eyed a cautious, refitting tone.
MENTIONED IN THIS ARTICLE
New York
Ford Motor Co
Chrysler
General Motors
Standard & Poor
New York Stock Exchange
Kroger
Universal Oil Products
Lion
Joy Manufacturing
National Biscuit
Colgate-Palmolive
Ford
American Motors
U.S. Rubber
International Harvester
Douglas Aircraft
American Smelting
Anaconda
IBM
Owens-Ilinois Glass
Schering Rose
Lorillard
Polaroid
Raytheon
United Aircraft
Alan Low
el Assoc
Dow Jones
Hign
Elgin Watch
Cap
el Paso
Abbott
Carkorun
Elirocp
Wunae
Agialliis
CartlerCo
Ceco
AJ Industries
EthylCorp
Ode Beeen
Hv Sa
Cen Foundry
Uy EvansPd
Eversharp
Allenin
Asv
Allied C
Alliedkid
Fair Hill
Alfredills 2A
Fairman
Allied Pd
Varia
Sperry Rand
Sita Bene Eees Baneee
Allis
Chol
Joy Mig
Alcoa
FerroCp
McDonnell
Hepreese Thee Eeekeees
Ea Ae
Boker
Koys Jy
Chris Crotl
Fla Steel
Bob
FPW
Holst
Chryster
al IngerRand
al Ae Ag
IsMoAm
Rory
Ali
Ty Clark Oil A
Bala Bay
tAcLean McKess
Ye Cluett Pea
M Fultonth
McLouth
St Gos
Fuqua Ind
MecRell
Tananes
Gamsk Pfl
nSug Pf
Ob & N Tob
Colointg
Garden
Vasa Va
Wed ‘Ap Inc
Col Gas
Apex Corp
GenAnlir Gatran
Eptl
Comsat
GenDynam
USA
Genpcem
Bia
BSG PubUt
Sahans
CiyEl
Corp
Genesco
Aes Kals al Pfa
Go Pacific
Fe Kale Cem
Bo Kals
Ava
GoPac Pri
Va RA Inc
Isa
Uva
Gibralt
GilleNe
Cooperin
el Gimbes
Inventoried Growth Masks Slowdown in 1967 Economy
The Associated Press reports that late 1966 production surged the GNP, but much of the gain was inventory buildup not sales. Auto and appliance sectors show layoffs as fat inventories total about $139 billion. Analysts foresee a midyear recovery possibly delaying inflation but warn fat may persist into 1968.
MENTIONED IN THIS ARTICLE
New York
U.S
Detroit
Also Mentioned on This Page
Help Market
Amex
American Stock Exchange
Treasury
Correau, Smith, Inc
Bic
New Engle
New Haven
Snet Srans Gas
United Allum
Bank Sigces
Correau, Smith
Askeo City Trust
Natl
Lofuyelie Bk & Tr
Btony Corp
Rt Bank of RY
Chartier N.Y. Ee
Hanover
Trust
Connecticut
G. H. Walker & Co
Big Aske Étied Products
Spring Arrow Hoct & Hegeman . SA
Borden Corp
Dictaphone Corp
SAS Omen
Emhart
Farrel Corp
First Conn
Rouge Standy & Herman
Kerite A
Peter Paul
Stanley
Vileamon
New York Exchange
Cava
T&t
IRC Inc
Hmdsga
Isicrkc
ITE
Hek Corp
ITT Centre Pl
Jaeger
Mach
Wye
Jewel Co
Tim Walter
Jim Wit
Jones L
Jorgens
Jostens
Joy
Mig
Ise
Bobeenwy
Glidden
Globeun
Goodrich
Cowles
Graceco i
Isic
Cosmic
Gronby
Asic
alesMig
NSA
Athiran
Gronitev
Grankwt
Orings
Gtalr
Dle Royserka
Keebler
Kellar
Seechar
Tdb
Greyhound
Gulay
Dana
Leo
Tata
Burroughs
Kidde
Kinney NS
Kinney Pf
KLM Afriines Klm
Airlin
Keehring
Koppers
Kresge
KrochirMe
Ib Kroger
Lee Gas
LaneBry
Lonv Ritz Lanvin Pf
Lear Steg
teecsHor
Leesonn
Dso
Salaw
MSN
Leh Vatine
Deere
DelHud
DelPow
DentiSp
Denrgvy
DeSato Ch
DelEdls
del Steel
DeVillels
Diamank
Diamfall
Duke Pw
Dunhill
Duplon Corp
I duPont
duPont Ph
HallPrl
Holtiburt
Homil Wat
Hmndorg
Helene Curtis Heli Colp
Hellerwe E .O
HelmeProd
Helmrchle
Hershch
Mertz
Meublein
Mobarti Mt EO
HollySog
Holt RW
Stireet Et
Cp AM
Ag Mogmoc
Pfs
Howard John
Howniel Cpl
Morauar
Eagle
Eat
Serahar LV Ind Pti.so Lehman
Leonardr
Lofgis
Libbmcn If Liggetiaa
LilyTutts
Lingtvont
Lingtvgt Sia UakBit
Lionel Corp Lionel Cppt Littonin
Litton Pie of Livingsta Sr Lockhda
Loews Theat Londenin
Lones Cem
Lenesga
LongisLt
Lorel
tAcoreMcc
Morrell
MorseSho
thosterSat
Motorola
fAunsing
Murphy
Aewan
SidBrand
Std Press
Stan Warn
Sterlidbr Pn
Sir Studebok
Swift Co
PHHEL
Philifore
Yhurer Cya
Sal Tall Rd
Sisbury
Talcotl
Ae Toton Inc
Tampa
Teledyne Inc
Tenneco
Texaco
Val Purex PE
Mercans
Val Paraloir
Torring
da Merckc
Meredith
Texas
Ind
Texong
ThomBell
ThriftyDr
Téte
Tide O
W. Tideo Pfl
Timeln
Ewe Timrb
RCA
Shearia Az
Transwnp
Trang
McOnttel
Rayette
TRW
Midsolu
Jraym
Royder Ge
Oytheon
Imehead
Roylhn Pft
Reading Co
UMC
Irepublic Co
Unocol
Sask
RepCorp Pti
Uoco
Repubind
Uo Pac
Ab Ally
RepubSt
Mission Dev
Monson
Ucar Doe
Engart
Sova Seteluafruit
Perth
Ugoscp
Uspine
Dale
Tyn Med
Sufi SR
Ronsan
Roper GD
Rover
NatAfrica
Nalco Chm
Ye Neharma
Rydersys Co Tad Nak
Coteway
Lend
StioeLd
Aia
Sankran
NotSteel
Sangomo
Sofeor Acha
Aie & Br Reside
Nessner Bros
Val Cchering
Nevada Pey
Scien
R. Nengit
van VA
Skye
Scovill
Nyairor
Reid
Sinysieg
SbdWorld Alr
Valeliggm
Seogrve
Jase Ubms
Sears Roe Lo
Seeburg
Noriik Wst &A
Noreisind
Nair Cor
NamCoal
Sharon Sit
Shattuck
Shell OW
tHerad
ShellTro
Sheraton
Northrep
Narthppitas
Shelton
Siegel Hi
Sova
Val anvBon
AIM
Sota Sale
Simmon
Ed SimpPa
Lake Gils
Valnutone
SingerCo
Sorastps
Elopatika
SouCae
Mlorenger
Soul Co
Anoase
GM Ene Cautine
Vloutlet Co
Owenstg
Owens
Owensill
Oxford Pop Pac G. el
Pacint E
Uiy Tate
SouthPac
South Ry
Sea Ry
Swest PS
Sparian Tad
Val Spartinda
SportCorp
Sperry Hot
Sperry Read
Val Sprogue
Uddstech
Bebe
Phomras
VanodCp
Vanity Fr
Varian Asso
lVeederin
Venda Co
Victor
Voeipw
VonGroc
Vornedo Inc
TVS! Corp
Slyfoor Pf
Wagner Etec Woge
Pff
Wigreen
Walkro
WaliMurr
WoMur Pfl
WallTier
Walworth Co
Ward Foods
WordFds
Ge WornBro
WorBr Fi
Dl WarBe Pft
WarnPic
Werntamb
Warlam Pf
WeshGas
Washwot
Waukesha
del E& Weis Aikt
Welch Sci
Wescof
Weyberg
Weyernr
WickesCorp
Wilson Co
Wilson
WinnDix
Ata
Business Mirror
By John Caniff
Mittco
Witcac
Womcico
PRY
Woolworth
Worthing
Xerox Corp
Vzayre Corp Vto
Zenith
Associated Press