Trading Activity Declines and Stocks End Higher on NYSE
The New York Stock Exchange closed slightly up on Friday as trading activity fell sharply. Volume dropped to 3,000,000 shares from 4,546,000 the previous day, the slowest pace since June. The year's first half ended with light activity, while the American Stock Exchange also showed dwindling volume to 909,000 shares.
MENTIONED IN THIS ARTICLE
Jebn
New York Times Co
Ace York
New York Stock Exchange
American Stock Exchange
Market Summary Shows Mixed Hope After Declines
Trading on the big boards fell to 1,278 issues with 330 advances and 396 declines as the market opened higher after four days of drops. The Dow and industrial averages ended higher while the New York Times composite gained 0.52, and Standard Oil of New Jersey surged to a record high of 68 5/4 amid oil stock strength reflecting a cautious week.
MENTIONED IN THIS ARTICLE
NEW York Times
American Stock Exchange
Standard of
New Jersey
Amerada
Shell Oil
Coal's Role In Economy Called Vital
JL Halton Green of Island Creek Coal Co told Civitan Club that coal has modernized to stay vital in the economy. He said 200 million tons will fuel two thirds of US steam electricity this year and coal remains a major export. Green urged expanding demand through Bituminous Coal Research and new transport methods like coal pipelines and unit trains to lower delivered costs.
MENTIONED IN THIS ARTICLE
Island Creek Coal Co
Civitan Club
JL Halton Green
Usal
Green
Market Rise Fueled by Tech and Auto Gains
New York bonds showed a high of 43 32, with Pure finishing at 43 percent as Gulf, Gelly, Indiana Standard and Richfield each touched 43. Texas Gulf Producing slipped. Aerojet General led with a 3 percent jump to 10 57, aided by upbeat six month production and earnings outlook of 1.55 versus 1.18. General Motors, Ford, and Chrysler posted mixed moves as investors weighed data control system news and company guidance.
MENTIONED IN THIS ARTICLE
Gulf
Gelly
Indiana Standard and Richfield
Texas Gulf
Aerojet - General
Indus Jits
Ivin Dolrmann
General Motors
Ford
Chrysler
Cea
Robbie
York
Aline
Tal Air Ameters
Miz Am Airlines
Alegria
Aod
Penn RR
Dow Jones
AllisChaths
Bronwick
Bactt
Bond
Thur
Aci
Santes
American Exchange Amp Inc
Ceckrar
Ora
Electra
Fe Jarmcost
Aerojet
ArkLa Gas
Clare Ald Thi
Madinay
Wits
Brown
Atlas Co
Avco Ce
Yen & Ve
Sen
Txelnrouton
jajMerck
Beckman
ave + Ve & Co
Bestwall
Monas
Monson
Astrex, Page; Inc
Beth Stl
Monton
Ahi
Chicago
Great Western Bigelow
MontWard
Consolidation Sesaen Oy
Boeing Borden
Motorola
Fairmont Foods
Dept. Strs
Buckeye
NatCan Ral
Harcourt, Brace & World
Edd Budd
Ncashr
Island
Bullard
Kan
Bulova
Ye Lan
H. Macy
Ala
McLean
Callan
Nensel
Montecatini Mining
Cambiaa
North Central
Ivy
Inychi SL
Ny Ata
iNoPac
Tishman Realty
Wis
Vulcan
CenHud
Norton
Wheeling
Williams RC
Ferro
Ohla
Victor
Youngstown Steel
B.C
Chryster
Pandaic
PhilaRdg
Phila
Comedia
Hugh Tilford Goff Jr
Louisville, Ky
Val Publkin
Crue
Grand
Inter- Curt
Cudahy
Vida
Sala
Iemediate Court
iCurt
Revahel
Goff
North Charleston
Gan
Bache
Deere
Rohr Corp
Aryam
Fayette
NEW York
U.S
Disney
Val Sthostead
Ava
Ian Schenley
Scherg
duPont
Frank
Siz L. Taylor
Nath. Sec. Div
Seabal
See
Gro. Sik
Sas
Gees Incm
Eaton
Geo. Putnam Fd
Putnam Gro
Emer
Smith
TOS
United Sc
United
Jonna
Tay Goff
Erie Lack
Bas
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Bullock Fd
Evershp
Feir Ca Ste
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Feda Corpory
Yilénn Aemad
Wantunle
Ras
Ferra
Ata As Gh O Ve Spiegel
von Jae Filtro
Firestone
Tenneses
Don L. Gaff
Harold W. Craig
Ntkt
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Aves Ao
Int &A
Dunbar Extension
Aden
Tate W. Reed
Nelle Marie Fla
Tots
Block A
Belvis Park
Addn
Fd Fair
St. Albans
Ford Fmc
Liz
Bwayes
Charles L. Walk
Robert E
Dehart
St. Eastwn
Taylor
GamSk
Ta Swift
Ierim
Aberigel A. van Dever Heiman
Palace Gen_ Cig
Dynam Uva
Paul D. Harper
Elec
Texaco
G Mills
Police
Joseph Huber
Maxine Nelson
Levi
Tay
Thomas B. Bickel Jr
Court
Ap Dodge Mig
Dealey and
Emmett
Higbie Mig Fishi Thaxton
Union Gpuhl
Textron
Ialed Goff
Schwitzer
Thaxton
H. Clayton Young
Emlot
Val Timkrb
Hlabie
Adda
Union
Joseph Oh. Pugh
Wil- GettyOi
Mitrans
Mam
Pugh Ani
James D. Kelly
Gillette
Abbott Lab
Union Dist
GlenAld
Yala
Valyricent
Adams
Joseph Goodreed
Avco Corp
di Goodyear
Ucarbid
Ekco
Willam
Pugh
Grace Co
Kentucky
Emery Ind
Dames C. Hughes
Harlan G. Ad
Hughes Creek
Kanawha Gap
Marcin
Heyd Newot
Ginor' A
New Ander
A. E. Cobb
McQuain
Big Sandy Gruman
Lingamn
Gulf M&o A
Martin
Agi
Val Boe
Nease
Charleston Dist
PepsiCola
Irene Nease
Sayre
Wil
Spaust
Reliance El&Eng
Wiles
D. W
Ronson Cavan
Ae Nease
Hamre
Weywaa Ata
Wood Jr
Wil Reeves
South Charleston
Hertz
US Steel
Clarence Bernard Wood
Lot
Leonore Wilson Given
Hewlett Pk
Ay Highlawn
Heydenn
Uowinen
Holt
Clarence
Upjohn AB
Bernard Wood
Highlawn
Charles L Donnally
Vanad
Lene Bite
Martha J Thomas
Wilmoth T. Houston
Mamie Massey
Lew- Atcent Ind
Iva
Edward Roberts
Walworth
Ng Rand
Orville Miller
Ernestine
Toney
Poca Ist
Interlok
Royal O, Johnson and Wife
Clay &, Nibusm
Moffat
Lois
Johnson Heights
Poca Olst
Bava
Harrison Ash Jr
Stanley
Nick
Val Sep Ghory
Morris
Leonard
Heights
Unionist
WhiteMot
Mar
Stanley W. Harris
Harri Ite
CktBrke Vie
hi + wisn Co
Wason
Jones&l
Valyng
Snr
Zenith
KaiserAl AO
Pittsburgh
USDA
Seread
Kennecott
Tumbe Kerrick
Kieb Clark
Honorrsal AO
Kroger
Sears
W. Va
Inc
Libmin Lofgis
Ita
Wall Street Views on Market Support Ahead
Wall Street traders see potential support around the 6950 level for the Dow Jones industrial average, though most doubt a serious downturn. The market has followed a rough path this week after lingering in a narrow trading range for years.
MENTIONED IN THIS ARTICLE
New York
Wall
Bond Markets End Mixed as June Closes Lightly Traded
New York AP reports bond markets finish June on a mixed note with most U.S. Government listings unchanged and very light trading. Utilities slide in NYSE corporate trading while industrials and rails mix. Volume at about 4.2 million dollars. Gainers include Allegheny and Western Railroad 4s, Beneficial Finance 5s, and Philadelphia Electric 5s. Losers feature Central of Georgia Railroad 4 43s Series B, Lorillard 3s of 1976, and West Penn Electric.
MENTIONED IN THIS ARTICLE
NEW York
U.S
New York Stock Exchange
Allegheny and Western Railroad
Beneficial Finance
Philadelphia Electric
Central of Georgia Railroad
Lorillard
West Penn Electric
Sis
Markets at a Glance and Commodity Updates
New York stocks rise slowly as commodities show mixed to higher moves. In Chicago, hogs steady to higher with top bids at 18.75 while slaughter steers and cattle move within narrow gains. weather and weak holiday demand noted. Treasury cash position and debt totals listed, with gold at about 15.7 billion and 297.9 billion outstanding.
MENTIONED IN THIS ARTICLE
New York
Commission House Chicago
Iho
Chicago
Ariely
James Sald
Treasury Report
Washington
The
Treasury
Mutual Funds Property Transfers in Pittsburgh Spark Markets
In Pittsburgh a sequence of property transfers tied to mutual funds arose amid earlier charges. The transactions involve AVL UINGU LuWwoLyatari and related entities, with filings indicating transfer actions and subsequent liability adjustments. Officials are reviewing the implications for investors and local markets.
Cuban refugee freed after bad checks for toys
Magda Cruz, a Cuban refugee, served five months of a one year sentence for writing twenty four thousand dollars in bad checks to buy Christmas toys for exile children. Judge Jack Falk released her on probation after noting she was a model prisoner who taught other inmates Spanish.
MENTIONED IN THIS ARTICLE
Miami
Fla
Magda Cruz
Court of Crimes
Jack Falk
Army honors Maj Ray W Berry for ROTC leadership at WV State
The Army awarded a certificate of achievement to Maj Ray W Berry assistant professor of military science at West Virginia State College for notable contributions to the college ROTC program. He has served on the staff since 1960 and has received a new assignment in Germany.
MENTIONED IN THIS ARTICLE
Army
Maj
Ray W. Berry
West Virginia State College
Maj. Berry
Germany
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Martin Gilbert
van Alstyne, Toel & Co
N.Y
A. Liss
Columbas
Erie
MoPac
Pacgre
Sears Roe
JS Steel
Wall Street
Gilbert J
C. Hooper
W,ef. Mutton Ve Co
Dow
Thomson& McKinnon
Union Carbide Corp
Paul L. Alspaugh
Union Carbide Chemicals Co
James C. Malone
Union Carbide Olefins Co
Alspaugh
Malone
Quincy
Carbide
Carbide Chemicals
E. E. Fogle
Santa
Witisuas
West Virginia
Gazette Mail
USA
Virginia St
East
Gazette-Mail
Charleston
Nelson Transfer and Storage CO