Market Backs Off With Weekend Ahead Vietnam Unchanged
New York markets eased Friday amid weekend uncertainties. Gold stocks led gains as gold prices held firm on both exchanges, while copper shares rose on signals of stockpile releases. Investors fretted over Vietnam and the domestic economy, but blue chips cushioned declines. Dow slipped 0.06 to 840.44. 60-stock Average down slightly. Trading volume 8.61 million shares. Exchanges return to regular hours Monday.
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New York Stock Exchange Market Barometer and Dow Jones Close
Financial page shows full market activity with index levels and percentage changes for the Dow Jones Stock Average and various securities. Names such as Noron, Sinclair, and Sperry are cited among many tickers with price quotes, highs, lows, and closes across sectors. The data covers utilities, industrials, and transportation stocks with brief notes on activity and notable price movements.
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Stock market faces uncertain pattern amid Vietnam tension
AP reports Friday mood in New York shares shows an uncertain trend as investors weigh Vietnam escalation. Pershing Co. Kenneth A. Knapp notes potential troop increases and reserve mobilization, while economists flag possible Fed credit tightening and mixed data. Elliott Janeway cautions further Asia war growth could pressure markets, and Bache & Co. sees a rally blocked by unclear overall implications.
MENTIONED IN THIS ARTICLE
Kenneth A. Knapp
Pershing i Co
Vietnam
Federal Reserve
Fairchild Hiller Down in Earnings
Fairchild Hiller Corp. reported 1987 earnings declined to 5.42 million dollars or 1.20 a share from 6.97 million dollars or 1.57 a share in 1986. Sales rose to 268.68 million dollars from 20.04 million a year earlier.
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Fairchild Hiller
New York
Fairchild Hiller Corp
Torrington Co Declares Quarterly Dividend
The Torrington Co board declares a quarterly dividend of 40 cents per share on common stock. Payment date is April 1 to stockholders of record by close of business March.
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Warnaco
Torrington
Torrington Co. Board of Directors
Insurance Agent Group Schedules Annual Meeting in Hartford
The Independent Mutual Insurance Agents of Connecticut plan their annual convention March 26 at the Hartford Hilton, aiming to address auto and riot-area insurance issues. President Harry A Holden of Trumbull leads a 700 member group to a Tuesday directors meeting at the Hawthorne Inn Newington. State Insurance Commissioner William R Cotter and national figures from Harvard Law School and American Mutual Insurance Alliance will speak on no fault plans and riot-prone area coverage, amid national attention from the Presidents advisory panel on insurance in riot affected areas.
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Robert Russis
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Allance
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U.S
Frank. M. Wozencraft
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