Markets Slip As Wall Street Faces Liquidity Fears
New York stocks fell as investor concern over corporate liquidity weighed on trading. Dow Jones 30 Industrials dropped 5.75 to 687.84 while breadth favored declines over advances on the New York Stock Exchange amid continued Middle East news and anticipation of weak second quarter earnings. Volume rose with 9.16 million shares traded on the Big Board and 2.49 million on the Amex. key names such as Penn Central and Texaco closed lower, with mixed results across sectors and several large blocks changing hands.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Stock Exchange
Middle East
American Stock Exchange
Standard & Poor
Associated Press
Amex
Pittston Co
City Investing Co
Talley Industries
Ogder Corp
New York Exchange
Penn Central
Telex
American Telephone
Benguet
Texaco
Yates Industries
Arkansas Best
Alamera Oil
Computing & Software
Potter Instruments
Dow Jones Averages Close Mixed On Friday
Dow Jones closing averages show mixed results with Industrials down 5.75 to 700.51, Transports down 1.98 to 126.77, Utilities down 0.52 to 96.56, and the all stocks index at 216.67. Bond closes slip with Rails and Utilities moving modestly.
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New York
UPI
Dow Jones
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Fragmented Over-Counter Stock List With Financial Firm Names
A garbled OCR style listing shows names of insurers banks and firms such as Amarex Alden Electric Duke Automeation Merchants Fast and Great Southwest Corp. with scattered numbers and notes on quotes and bond changes. The fragment hints at daily price quotes and market marks but lacks coherent narrative or dates.
MENTIONED IN THIS ARTICLE
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Life Ins
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Capital Southweat Corp
TF Cavanaugh Leasing
Duke Automeation A
Franklin Life Ing
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Yetia
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