Wall Street steadies after Middle East cease fire lifts market
A calmer trading day on Monday saw the Dow up 4.04 to 878.92 as blue chips and glamor stocks rise. Oil issues lead gains while rails strengthen on merger news. volume nears 10.23 million shares with 79 winners and 417 declines.
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Stock Market Notebook From a Turbulent Day
A dense OCR page shows mixed market activity with numerous stocks, bonds, and financials. Names like New York Exchange, Merck, Raytheon, Coca Cola, and Texaco appear amid broad shifts, highlighting volatility and broad sector movement.
Rickover attacks focus on cost over effectiveness in tech goals
New York AP report traces Admiral Hyman Rickover’s criticism of cost driven measures in the Pentagon and industry. He argues that true progress hinges on effectiveness not merely on cost efficiency, warning that overemphasis on cost can curb lifesaving tech advances and blunt scientific pursuit.
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Defense Appropriations
Steel Output Dips 13 Percent From Week, Averages Shift
New York AP reports steel production fell 1.3 percent in the week ending Saturday, with total for 1967 reaching 55,769,000 net tons. The year-over-year comparison shows a 7.7 percent drop from 60,416,000 tons in the prior year. District indexes varied across regions from Northeast 122 to Detroit 181 and St Louis 97.
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