Mild profit taking sends prices moderately lower
The Dow Jones average fell 0.44 to 93.16 amid broadly lower trading on Wall Street. Industrials slipped 0.40 to 980.77 while rails rose slightly and utilities lost ground, with volume on the Big Board and American Stock Exchange mixed as investors fretted over wage price pressures and fund demotions. Major issues like American Motors, Chrysler, General Motors and Textron moved in narrow ranges amid cautious sentiment.
MENTIONED IN THIS ARTICLE
David Burke
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Aesaoi
Spoeandard & Pon
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Louisiana Land & Fx
Dow
Amerada Hess
Textron
American Motors
Newton
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E.F. Hutton & Co
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Ford
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Zinder
Stock Exchange
Imperial Oil
Amex
Nortek
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Telo Brie
Amica Industries
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