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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Dec 24, 1966
Page
5
Daily report highlights the New York Stock Exchange closing prices across major sectors. Key indices rise on gains in industrials and technology while financials show modest movement. notable tickers include IBM, GE, and XOM with varied end-of-day levels.
New York markets struggled Friday as analysts cooled on a year end rally. The Dow fell 2.57 to 798.10 while the rally index slid 1.15 to 207.92 amid mixed sector moves Autos and steels showed strength but broad gains remained elusive. Volume eased on both the NYSE and AMEX as decliners edged advancers.
In Chicago wheat prices and grain movements appear mixed as the market notes ongoing labor actions. TDABN president Sayegh and TDABN director James F. Horst announce a retroactive wage increase up to 1 percent over 18 months covering 13 000 workers in maintenance grind and flight service, marking a pivotal aviation industry labor milestone.
The fragment reports on the Pacific Coast Exchange and related dividends with references to vendors, poultry, bugs, and prices. It notes a 128 relibutory pianin ee up and mentions stores, volumes, and an undetermined share. The text ends abruptly with figures and a date like yer 31.
The report notes a transport union approving an airline pact amid market references and unnamed figures. It mentions Standard & Poor's indices and market activity, with brief notes on averages, highs, lows, and related financial terms.
Rumors surrounding a possible merger with Litton Industries persist in Detroit as Litton denies talks while American Motors president Ray Abernethy says no interest in acquiring Litton. Litton refutes the rumors and stresses it is not negotiating or buying AMC stock.
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