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Danville Register in Danville, Virginia

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Danville Register

Location

Danville, Virginia, United States of America

Date

Mar 06, 1975

Page

8

Stock Market Slumps After Oil Uncertainty Dow Jones Drops

The Dow fell 492 to 752.82 as investors pulled back despite Morgan Guaranty Trust cutting its prime lending rate to 7 percent. Oil price uncertainty, Ford's tariff fate, and air depletion aid debates kept markets wary, with Exxon, Getty Oil, and Kerr-McGee among the hardest hit. Airlines, drugs, and photo stocks lagged while gold issues and Coca Cola rose on dividend news. Broad market indexes declined and volume was heavy but below prior day.

Aup Pusinesrs New York New York Stock Exchange Morfan Guaranty Trust Co Jack Salomon Thomson & McKinnon Auchincloss Kohlmeyer Ford Exxon Atlantic Getty Oi Kerr McGee Texaco North Sea USA. Ltd Domestake Coca Cola Beatrice Fonds Honeywell Dawn American Stock Exchange

New York Stock Exchange Daily Prices Early Report

NYSE prices and market activity are summarized with numbers and company names. Trade totals, price changes, and notable movers are listed, reflecting midweek activity in New York.

New York Stock Exchange New York

Also Mentioned on This Page

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