Late Buys Trim Off Stock Lag On Wall Street
New York trading closed with mixed to negative notes as Dow Jones fell 1.82 to 895.93 and rails dropped 1.19 to 209.30. Volume slipped to 6.12 million shares as 646 of 1,350 issues declined while 446 advanced and 56 hit new highs. Hupp Corp led activity with a 77 price gain on 212,500 shares amid a late opening block, and Western Union rose 42% on 173,200 shares.
MENTIONED IN THIS ARTICLE
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Hupp Corp
Western Union
New York
New York Stock Exchange
Lernemk
Uu Mimical Co
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UPI
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Indus
Potash Firm to Modernize Illinois Plant for Rare Earths
American Potash and Chemical Corp. will invest about $1 million to modernize its West Chicago facilities to boost production of rare earth chemicals. International Telephone Telegraph Corp. wins a $1 million Army contract for exploding bridgewire firing devices for the Pershing missile.
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UPI
American Potash and Chemical Corp
West Chicago
Illand
San Fernando
Calif
International Telephone & Telegraph Corp
Mixed closes on Chicago Board of Trade grains
Soybeans and wheat mixed at the close while corn and rye eased on Friday on the Chicago Board of Trade. Futures showed declines for soybeans and corn with some gains for soybeans late in the session as traders awaited new developments and export moves.
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London
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Chicago Board of Trade
Mutual Funds Market Snapshot from New York
A dense list of mutual fund and stock quotes shows prices for numerous funds and related securities. Notable entries include Keystone Am Mut, Putnam funds, Dreyfus, Franklin, Fidelity, Vanguard, and others, with varying bid and ask figures, performance notes, and fund identifiers.
Dow Jones Sales Fall Friday to 6.12 Million Shares
Trading data show Dow Jones sales Friday at 6.12 million shares versus 7.3 million shares on Thursday. Investors watched volumes while market activity shifted across the week.
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