Bond Market Slumps as Trades On Exchange Fall
The New York bond market extended its month long weakness with corporates on the NYSE lower. Government issues showed mixed performance while overall corporate volume dropped to 4.7 million par value. Of 295 corporates traded, 106 declined, 83 advanced, and 106 unchanged with 24 hitting new lows and 3 new highs. The AP high grade investment index posted a new 1961 low.
MENTIONED IN THIS ARTICLE
New York
Associated
Aaseriates
Thifteen
Mos
Aia
NY Stock Exchange
Chrysler En Motors
Abe Az
Brunswick
Saly al High
Vis
Ds US Indust
Sperry Range
Dow Jones
el Paso
Bache & Co
Dana Coro
Aie
Tyam Motors
New York Stock Exchange
Exchange
Inland Steel
Nail Haneshoald Binance
Marketweakness Seen From Six Month Profit-Taking
Six month profit takers depress stocks with Certain Teed slipping from 64.50 to 56.75 as investors unload amid rising prices for remaining issues. Traders cite reduced demand and looming secondary offerings while optimism and glamor stocks retreat. Treasury figures show large fiscal year flows and debt totals as market nerves ease.
MENTIONED IN THIS ARTICLE
Teed Products Corp
Grimm
Stanfared Kolleman
Magnavox
Avnet Electronics
Zenith
Metra
Market Gains as Dow Rises 7.19 Points on Tech-Inspired Rally
New York stocks edged higher with the Dow Jones up 7.19 to 687.87 and the AP composite advancing 1.90 to 245.20. Industrials led the gain while rail shares and utilities also rose. volume stayed light as 695 of 1,253 issues advanced. Durable goods orders improved and Treasury Secretary Dillon forecast an 8 percent economy rise next year.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Associated
New York, iStock Exchange
Treasury
Douglas Dillon
Market Summary Reports Mixed Volume and Stock Moves
Market activity showed 1.23 million shares traded on the American Stock Exchange, down from 1.38 million Monday. American Telephone rose 1.34 points to 116 percent, while Sperry Rand and American Machine & Foundry gained over a point. Steels weakened on reports of the week’s production drop ahead of summer slowdown and model changeovers. Singer Manufacturing rose on upbeat sales and earnings estimates. Government bonds mixed, corporate bonds declined, overall trading light.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Eau Air
Alco
Alcoa
Am Motors
AmTet&Tel
Woolworth
Worthington
Lorillard
Toby
Air Cam
Om Armour
Aye Agin
Madison
Bala St
Byatt
Bachan
Uss Atchison
Marquardt
Anker Toh
Ste
Lorat
Tim
Martie
Barnes Engible
Molyaden
Pac Pel Ltd Se
Anas Co Az
McBon Air
Peltigary
Aveo
Cora
Aes Merck
iBrown Co
Raton Ch
Chibie
Technico Us
Metro GM
UN Central
Miner&Ch Fo
Bal'GaeEsh
N.Y
Balkin
Beckman
New Breck
Bestwail
Motorola
T&t
Bucy
Sears Roe
US Steel
NH & Hart
Ng &m
Nor Pac
Carter Pos
Cater
Canaan
Cert Tech Sa
Fda
Owens
Champlin
Orford
PacOhel
Attar Topsy
Phelps
Rhys
Phil Ti
Sa Copper
Michigan
Raytheon
Cruz St
Cudahy
Reviow Reputr
Vale
Laa
Rob Fulton
the Deere
New ‘York
Sataway
Dorrie
Schesley
Doug
Sears Root
Marys
Iran
Qa Yon
Bayt Boy
Wyss
Mae Tao
Bret
Smith
Cree
Ana
Perry
Jay Baiteal
Furestane Yonge Ah
Elinthote
Ind
Nate
Pittsburgh
USDA
Vian
Gillon
Goodrich
Anya
RusMen’s Assur Redlar
An Gas Co
Gulf
AviahEng
Ava Baran
Joan Sbta
Curtiss Wright
Iij
Uv Corps
Abby Au
Hla Tate Vata Sa Dintola Inc
Ata
Firem Fund Insur
Hite Jn
iGimbel Bros
Cehman Corp
Penney
Heyden
Holt Fleet
Puritan Sports Mn
Hamonte
Ate
We Ag
Wwe
Edune
Bache & Co
Atisated Fund
Boston
West
Canada General Fund Tnt
Wilson
Kim
St. Fund Vasa
Kaiser
Ae Y LF
Wisburg
Herstack
iWetlington Fund
Kayser
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Kresge
Kroger
Pontes
Las Shancara
Wyk Litton
Lamas
Loew
American Telephone
Sperry Rand
American Machine & Foundry
Bethlehem
Republic
U.S. Steel
Singer Manufacturing
American Stocks Exchange
U.S
Grain futures rise on partial cover but soybeans weak
In Chicago grain futures on Tuesday short covering lifted prices in spots while wheat led advances up to two cents. Corn oats and rye gained modestly, soybeans fell about three cents as NW crop reports hinted poor spring yields and traders priced in rainfall needs. July wheat at 2.64 and July corn around 1.12 with mixed shifts in oats and soybeans.
MENTIONED IN THIS ARTICLE
Chicago
Board of ‘Trade
Vangher
Aton
jSeo Arigne A Bn BB
Tata
New York
Wight Trading
Carler Slaughter
Also Mentioned on This Page
Charleston Gazette
Pitusburgh Produce
American Exchange
Standard
Walston & Co
Standard & Poor's
Alexander Hamilton Institute
Treasury Reports
Washington
Carl H. Lehman Mutual Funds
Westheimer & Co
Vanhe Herel Iihdg
Science and Securities
Harris
Upham
Atomic Energy
Harris, Upham & C2
Masonic Temple
Virginia Street
East
Charleston
W. Va
Dickens
Addresa
City
N.Y. Stocks
N. Y. Bonds
American Stock
Anil
Savings Aad Loan Association
Virgo
Ephave
EWS & Views Business Industry
A&i Supply Co
Virginia St
DeVilbiss
A&i Supply
Darnold Inc
House OF Comfort
Illiamson Heating & Cooling
Acme Refrigeration and Restaurant Equipment Co
FHONE
Allen Electric & Equipment
Virghga ST
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