Market Summary From New York Stock Exchange
Standard & Poor index totals show 504-stock coverage with mixed movement. Industrial group positions close around 60.49, railroads at 36.55, with notable changes noted in the day’s quick market snapshot.
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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Oct 22, 1959
Page
15
Standard & Poor index totals show 504-stock coverage with mixed movement. Industrial group positions close around 60.49, railroads at 36.55, with notable changes noted in the day’s quick market snapshot.
A fragmented survery of livestock, investment trusts, and stock sales appears in the page. It lists traders, brokers, and various company names, with numbers and dates scattered through the cluttered financial notes.
The stock market closed irregularly lower after a brief early uptick amid ongoing steel strike and uncertainties about steel shortages. Major movers included Studebaker Packard and American Motors with gains, while General Motors rose modestly and rail stocks showed some optimism. Dow Jones Industrial Average fell 2.68 to 622.69 as volume cooled.
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