Market Steady Amid Bank Rate Cuts Despite Sluggish Auto Sales
New York stocks stayed even as major banks cut interest rates, offsetting weak auto and steel demand. The Dow fell 2.95 to 673.72 with mixed advances and declines, while high priced glamor shares rose and broad activity eased to about 9.25 million shares. The NYSE index showed a slight dip, and trading pace slowed from Thursday.
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Market report on active stocks in New York trading
A noisy summary of New York stock activity noting rising prices and shifting values. The fragment mentions Abe Witead and other entities but details are unclear and incomplete.
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