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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Jul 23, 1969

Page

4

Stock Market Dives After Early Rise On Apollo Hype

The Dow Jones industrial average fell 11.90 to 834.02, the year’s low, after an initial 1.41 gain faded. Oil and oil related shares slid amid proposals to cut the oil depletion allowance, with Royal Dutch, Occidental, Reading & Bates Offshore, and Texaco among losers. American Airlines rose on a new trans Pacific route, while Sperry Rand dropped on weak earnings. overall, 1,042 of 1,558 issues declined.

New York Dow Jones Dow House Ways and Means Royal Dutch Petroleum Occidental Petroleum Reading & Bates Offshore Drilling Standard Oi Standard Oil of California Texaco Natomas Atlantic Richfield Indonesia Chrysler General Motors American Airlines New York Stock Exchange American United States South Pacific New Zealand Australia Grumman McDonnell Douglas North American Rockwell Boeing General Electric Sperry Rand Welt

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