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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jun 29, 1968
Page
10
Readers track a detailed list of weekly over the counter quotations and broker activity from the Braz Americas exchange. The ledger shows numerous securities by company name and percentage figures reflecting price changes and trading levels.
A week of caution follows speculative exuberance as prices of low priced stocks spike and volume peaks. Dow Jones average dips to 897.80, S&P 500 at 99.58, and the AP 60-stock index falls to 339.7 amid exchange closings and July holiday schedule.
Sluggish market after weakness hints at stability and a potential minor rebound but faces selling pressure and weak base for a sustained recovery. Dow projection suggests 860-870 as downside with 880-890 as support. buying interest by big traders has fallen, signaling possible mid-year portfolio reshaping.
Pacific Coast Exchange closing prices and market summary show mixed activity and quiet trading. The report lists various stocks including Kaiser, Ryan Aeronautical, Urex Corp, and Nasco with price notes and total shares, followed by a New York Markets at a Glance section noting lower stocks and mixed liquidation.
New York based Dun and Bradstreet catalog shows the daily weighted price index for 30 basic commodities at 256.54, up slightly from last week’s 256.52 with a year ago 263.3. Washington reports cash position figures with balance values and fiscal year deposits, noting gold assets at 10,366,918 and outstanding debt figures.
New York reports the twenty most active stocks for the forty seventh week of the year. Trading activity centers on leading listings with notable gains and volume shifts across sectors.
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