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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Sep 15, 1959
Page
6
A dense listing shows varied investment products and brokers with references to funds, dividends, and corporate trusts. Names such as Concord, Fronk, and various fund entities appear alongside terms like equity, dividend, and index mentions, indicating a broad market activity snapshot with numerous issuers and vehicles.
AP reports a brief stock rally failed to hold as steel and motor sectors fell. The Dow Jones Industrial Average slid about 357 points to around 633.79, erasing most of Friday's gains amid rising rates and weak demand.
Reading shows 30 Industrials and 65 stocks in focus with figures like 200.09 for the Dow Jones Industrial Average alongside rail and utilities indicators. The fragment references highs and lows and various sector summaries but lacks complete context.
The Standard & Poor's index fell as the Industrials, Rails and Utilities slumped to new lows. Studebaker-Packard led gains among few movers while Texas Instruments and Litton posted losses. volume eased to about 2.59 million shares with 235 advances and 707 declines.
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