Market declines temper hopes after historic highs
The Dow Jones industrials and Standard & Poor's index retreat from recent peaks as traders weigh profits and sector movements. Rail and oil shares swing with mixed volume while Curtis persists as a takeover target amid broader market weakness. The Holmes Street report notes optimism easing and a cautious tone across the floor.
MENTIONED IN THIS ARTICLE
Long Seach
New York
UFI
Curtis
Dow-Jones Industrials
Eow
Ontario
Wall
Standard & 99
Poor
SAP
Curtis Tai
Irecord
Tion
Department
Market Near Historic High Fails as Traders Falter
The market opened near a historic peak but trader courage waned as Ford stance toward labor talks triggered a broad drop. Chrysler and GM fell sharply while steel stocks edged lower with US Steel and Lukens down. American Telephone remained active as a new issue traded for the first time. rail shares rose on merger prospects. volume rose on Monday trading.
MENTIONED IN THIS ARTICLE
Henry Ford
Chrysler
General Motors
Asid
RAILS
Interstate Commerce Commission
American Exchange
Markets at a Glance on the American Stock Exchange
The page lists closing prices and market notes from Tuesday on the American Stock Exchange. It references sectors and equities with brief, non-graphic commentary on performance and movements for the trading session.
MENTIONED IN THIS ARTICLE
American Stock Exchange
Also Mentioned on This Page
Standard & Poor Index
UPI
Standard & Poor
Dow-Jones Indus
Indus
Esseesemne
East Asia
Historic High
Trader Courage
Honolulu
Pa Aie
Pacific Coast Exchange
Agere
Aviel
Lees Marever
Skort
Siena
Rover
la Salta
Beltaxe Conrad Co
Tracscon
Tal & Resine
Columbia
Wacert & Reed
Bern Hoover
Warwick
Firat Surety Core
Ieliroten
Wes Hawthorne
Lytton Financiat
Interati United Westvale
Tautet Corp
Bormen
Dantes
Karsal
Ambass
Redmirce
Beck
aSigure
Freenix
Prey Burat Inc
Ifaret
Orodrorera
Jae & Ware
Gicares
York
Soex
Deportes
Wits
Sean
Arizona
Cotton Market
York Cotten Srerem Bros
Hfe
Phas
Chance Woos FF
Peters
Alba
Rees Commercey Soo
Bhavan
Ionire
Maradona
Lee
Western Airlines
San Francisco
Western
Bay Area
Long Beach
Long Beach Municipal Airport
Canada
USA
Mexico
Harrison
Madison
Breakers
Ares
Ealongs
Ata
Rds Ristori
General Obligation Water & Sewer
Eee Tes
Bauer
aDon Ess
T. A. Gregory
The
Beard
Grande «Co
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