Market Posts First Advance in Nearly Two Weeks
The market rose on Thursday led by growth and speculative issues as the Dow Jones industrial average climbed to 890.89 on an up day with 701 advances and 341 declines among 1,480 issues traded. Volume on the New York Stock Exchange reached 9.93 million shares as the market shifted from a downtrend to a technical recovery amid high interest rates and inflation concerns.
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SEW
YORK
Wall Street
Dan Jones
American Stock Exchange
Amex
New York Stock Exchange
Associated Press
U.S. Treasury
Sperry Rand
Market Trends Show Drop in Factory Pay Versus Moderate Living
A nationwide look notes living standards rising slowly while factory workers average hourly pay remains well below the moderate level. In 1952 the Bureau of Labor Statistics sets a new threshold for a moderate income for a city family, with many workers earning less than that amount. The piece contrasts earnings of factory labor with broader household incomes and highlights wage gaps and family dynamics.
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Bureau of Labor Statistics
Delta Stock Split Approved For Delta Airlines
Delta Air Lines stockholders approved a 3-for-1 stock split at a meeting in Monroe Louisiana with over 92 percent of outstanding shares represented. The plan would raise authorized shares from eight million to 25 million and Delta expects earnings of 7.1 million dollars or 111 dollars per share for fiscal 1967 aided by income from a strike last year.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
Delta Air Lines
Monroe
Delta
Charles H. Dolson
Dolson
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