Stocks Dip as Market Hesitates After Broad Losses
Financial news notes cautious trading with overall losses in early New York sessions. Oil, chemicals, aircraft, metals and steel shares slipped while budget-cutting talk and disarmament fears weighted sentiment. leading steels eased and most equities slid fractions amid mixed trading.
MENTIONED IN THIS ARTICLE
New York
Conald
Getty
Amerada
Tidewater
Skelly
Continental Oil
Union - Carbide and
Allied
Schering
Firestone
Zenith
Jobus-Manville
General Portland
Moy
Dow Jones Stocks Mixed on Tuesday in NYSE Trading
New York stock figures show 1973 issues traded on the New York Stock Exchange with 261 advancing, 699 declining, and 227 unchanged. Bond activity included 40 bonds with higher grade rails and utilities noted amid broad sector movements.
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Sutro & Ms
Pacific Coast
Othenye
Legal York
Stock Exchange
Bethlehem Steel
SF Cities
Serec Columbia Broadcast
al Kontinental
Zellerpach Douglas Aviation
Dresser Industries
DuPont Fibreboard
Foat Machinery
Ford Motors
Vinda Bails
Una General Electric
Hign
New York
25Th Avenue
Oakland
Dow-Jones
Hallroads
Ste Suro & Co
B Street
Hayward
California
Jefferson
Navamsa
Sue
New Yorke Stock Exchange
High Home Building Costs Draw Warning
An economist from Indiana University says high construction costs threaten housing demand and market conditions. He notes delays in financing and a drop in private housing starts in early 1957, with builders passing costs to buyers amid rising sales prices.
MENTIONED IN THIS ARTICLE
San Francisco
Arthur M. Weimer
Indiana
University School
United States
Sored Management Conference
Weimer
Foothill
California
Helago
California wine tops foreign in Hollywood tasting
California premium wines won a clear 21 point margin in a Hollywood Advertising Club tasting with 35 percent of attendees unable to identify origins. Ken Pearson of Cresta Blanca called the result the strongest proof yet that California wines match fine wines worldwide, while actress Corinne Calvet served as honorary hostess.
MENTIONED IN THIS ARTICLE
Hollywood
California
Hollywood Advertising Club
Ken Pearson
Cresta Blanca Wine Co
Corinne Calvet
Kaiser Corp Merger Plans Win Approval
Kaiser Industries gains approval to merge with McEachern, increasing Kaiser’s stake to 45 percent in common stock and 39 percent in Permanente, under terms including cash and preferred shares. The deal consolidates ownership across Kaiser, Permanente, and related entities, signaling a major shift in control of the combined company.
MENTIONED IN THIS ARTICLE
Kaiser Corp
Oakland
McEach
J. A. Dietechint
Inte
Kaiser Industries, Corp
Rainesee
Cass Fae
Kekeee
Eee
Permanente
Kaiser
McEachern
Kanger Aluminum
Selected Dividends
Selected dividends list includes American Express July 1 and 26 July, Campbell Soup 33.2 cents, Climax Molybdenum 9 cents, Hall W F Printing 35 cents, Myers F E & Bro 60 cents, North American Aviation 40 cents, and Youngstown Steel Door 0.5 cents with various June and July dates.
MENTIONED IN THIS ARTICLE
NEW York
iAgigoeea Petroleum
American Express
Campbell Soup
Climax
Sune
Youngstown Steel Door
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