Steels Spark Best Market Rally in Month
New York stocks surged on Tuesday reversing a three day decline led by steels and motors. The Associated Press average rose 1.60 to 233.10 with industrials up 3.10, rails 1, utilities 0.50. Major gainers included General Motors and Studebaker Packard amid a broad market rally raising NYSE listed values by about 2.3 billion dollars.
MENTIONED IN THIS ARTICLE
New York
Tum . Steels and Motors
Bell- Lepp Corp
Colorado
Associated Press
New York Stock Exchange
New York Stock Exchange closes with mixed gains amid broad rally
The Dow Jones industrial average rose 6.3 to 661.43 as blue chips led a broad advance. Volume reached about 2.95 million shares with 676 stocks up and 335 down. Motors like Ford Chrysler and American Motors posted two-point gains, while Motorola and LittonIndustries climbed as electronics and manufacturing shares boosted sentiment.
MENTIONED IN THIS ARTICLE
Motors
Ford
Chrysler
American Motors
Motorola
Litton Industries
General Telephone &Electronics
DuPont
We Electric
International Harvester
International Nickel
Eastman Kodakamessey NG
Merck
Newans York Central
Atom
Goodyear Dawn
American Stock Exchange I
New England Telephone
Petcorose
Crowell Collier
Arkansaz Lersisiana Gas
Bingheer
Jones Averages Phat A E Now
A terse market note shows Jones averaging Phat AE in Tuesday close for industrials. The brief cites movements in industrial stocks and related indices, with investors watching for momentum signals and any shifts in share prices.
MENTIONED IN THIS ARTICLE
Jones
Standard & Poor Index Firs Rise Amid Mixed Wall Street
New York Standard & Poor's 500 stock index shows gains as markets close with mixed moves. Industrials and railroads edge higher while utilities and other sectors post varied results. The report notes a modest overall uptick in the broad market for the day.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
Industrists
Enret
Ford Earns Record 285.9 Million in First Half 1959
Ford Motor Co reports consolidated net earnings of 285.9 million for the first six months of 1959, equal to 5.22 per share, with first six months sales at 2.9143 billion. Second quarter earnings totaled 152.1 million or 2.76 a share, compared with a loss of 13.7 million a year earlier. Ford factory sales rose to about 4.4 million units in the period, and the stock closed up 2 at 75.75.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Ford
Peeee
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Steels Spark
Glen Alden
General Motors
Studebaker-Packard
Jones & Laughlin
Hhe Steel Group
Republic
T Bethlehem
U. S. Stee’ Ly and Lukens
Soe
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Weber
Vdewst
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le Gee
Aris
ETOCK
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Teal Metal
Ayaxe
Coe
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Standard & Poor Index
Pacific Coast Exchange
Vane de
Xaete
Merced Ann Deers
Scewe
Belcom
Semed Povey
Treasury Report
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Astana
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C Hera
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Wwe
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Aaron Prn Wee
Beresear
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Ee Exchange
eGim
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Erie
Rome
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eaDy
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Reader’s Digest
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Ily
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