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Charleston Gazette in Charleston, West Virginia

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Newspaper

Charleston Gazette

Location

Charleston, West Virginia, United States of America

Date

Jun 19, 1968

Page

19

Market Slides After Turbulent Tuesday Trading

Stocks rose early on a snappy Listock market but failed to hold gains, marking a fourth straight daily loss. Volume ran 13.63 million shares, with the Dow Jones Industrial Average ending lower as prices softened. Analysts cited a Mills statement as a factor in the weakness.

New York Dow Jones Ae Vey Aucuen Huweve Wilbur i/D. Mills D-Ark House In Ways and Means Committee

Rally Fails to Hold and Market Caution Rises

Mills warned that if the surtax bill passes investors face a second year renewal risk while a failure to pass could threaten the dollar gold pledge. The SEC warned brokers of possible disciplinary action for delivery failures as trading halls aim to ease back-office paper work. The AP average slid 0.2 to 239.4 with mixed sector moves and utilities rebounding in late session. U.S. Savings Bonds sales in West Virginia totaled 4,571,770 in April, up slightly from last year, with four-month 1968 totals at 17,925,437, down from 18,547,453 in 1987.

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Also Mentioned on This Page

New York Stock Exchange Associated Cre New York Associated Asher Associated Ind. Rails Securities Kb&t Rans Christmas Club Safe Deposit Trust Services Kanawha Banking & Trust Co Capitol St Charleston, W. Va FDIC Merrill Lynch Emerging Industries Forum Charleston House Kanawha Boulevard Charleston City & State Merrill:lynch
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