Dow Jones closes with mixed net changes
Wall Street ends with a split session as the Dow Jones averages show a net decline and gains across indices. Traders note modest shifts in blue chips and utilities amid trading volumes on the New York market.
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Newspaper
Las Vegas Sun
Location
Las Vegas, Nevada, United States of America
Date
Aug 31, 1962
Page
5
Wall Street ends with a split session as the Dow Jones averages show a net decline and gains across indices. Traders note modest shifts in blue chips and utilities amid trading volumes on the New York market.
New York reports a steady stock market with the dullest trading of the year. Near the close no issue moved more than two points and daily volume lagged. Brokers attributed the inactivity to a pre weekend pause and uncertainty about the market's direction after a June recovery. Steel shares weakened after a dividend cut at Wheeling. most motors edged up slightly while oils and chemicals held steady.
Mrs Jacqueline Kennedy ends her Capri vacation with a last minute purchase spree buying about a dozen conservative silk ties for President Kennedy. Accompanied by Princess Irene Galitzine she tours Capri's shops and dines by candlelight overlooking the Bay of Naples before returning home with daughter Caroline.
Rev. Bob Brashares will preach on a Labor Day theme at First Methodist Church on 3rd and Bridger. He will explore Do You Work for God with references to Adam and attitudes toward work. Services at 9:25 a.m. 11:00 a.m. and 7:00 p.m. are open to the public with a Coffee Time fellowship after the 11 o'clock service.
The 88 year old poet Robert Frost visiting the Soviet Union as part of a cultural exchange spoke through an interpreter and said he once held side jobs to supplement income. He noted he worked in mills, factories, farms, and as a newspaper man and teacher to earn his bread. Frost will visit Moscow then lecture in Leningrad.
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