Wall Street Slumps as Stocks Fall Second Straight Day
New York markets declined sharply with American Motors at a yearly low and major steel and motor shares down. The Dow fell 5.03 to 637.46 as rail stock activity rose on a bid for B and O, while Litton and Beckman posted small gains amid a broad market retreat.
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NEW York
American Motors
Rails
New York Central
Baltimore & Ohio
B&q
Central
Chesapeake & Ohio
B&o
Litton Industries
Beckman Instruments
General Instrument
Dow Jones
Associated Press
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Zenith
Motorola
Brunswick
Universal Match
U. S. Steel
Youngstown Sheet
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Lukens
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Union Carbide
General Tire
Rexall
American Shipbuilding
American Machine & Foundry
General Foods
Standard Rollsman
NY Stock Exchange
Ml Am Motors Oo
AutomcCanteen
Stand Kollsman
Smith Corona
Stude Pack
Ampex Corpeener
OU NJ
Elec & Mus Ind
Gen Instrument
ABC Vending
Ball & Ohio
Bet
Gen Motors
Amply Radio Corp
Ascape
Associfted Press Ind
Associated Presa
Ind. Jon. L.yd
Unis
Dow Jones Averages Close Mixed As Industrials Weaken
UPI reports a Tuesday close with the Dow Jones industrials down 5.03, rails down 0.64, utilities down 0.02 and stocks off 1.18. The index values ranged with Industrials at 641.16 to 644.75 and the overall close at 367.46.
MENTIONED IN THIS ARTICLE
New York
UPI
Dow-Jones
New York Investing Firms Show Broad Stock Market Activity
A dense list of American and international investment firms appears with prices and trading references in New York. The data cites funds, trusts, and mutuals including Keystone Am Mut, Lazard, Putnam, Oppen, Chase Fd, and Penn, with readings across multiple securities and market figures.
MENTIONED IN THIS ARTICLE
New York
AP Grwth Il
Resour
Ers, Inc
Inves
Aberdeen
Inv
Issel
Jonnstn
Keystone
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Cus Sy
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Cus
Hve Temp
Rid
Cas Sd
Sti
Gre
SliKnickerbee Zulaek
Chase
Gen Ind
Talon
Metal
Cwih Inc
Trans
Concord
Masa Life
Sissil Jet
Hela Fa
Mut Invest
Pela Inc
Mut Trust
Salen
Revtys
Pavid
Exton Bal Ipeal
Aton Ste
R&tp Stove
Jonew
Fed Fund
Penn
Sover
Gan
Tein Bik
Telev el
Texas
Haydock
Cotton futures steady amid light hedging and slow spot gains
New York AP reports cotton futures closed unchanged to 50 cents higher per bale with limited liquidation and light hedging. Activity focused in distant months while July deliveries were not issued. Spot month dipped then rose as buying picked up amid dry warm weather in the Cotton Belt and light sales at primary markets ahead of mill vacations next month.
MENTIONED IN THIS ARTICLE
New York
Cotton futures rise slightly amid market upswing
The market reports cotton prices moving higher by about two cents per bale with modest gains in futures trading. Trading notes show a closing around 31.70 to 31.75 cents per pound, with volatility reflected in the day’s high and low readings.
New York Government Bonds Slip as Volume Rises
Government issues closed mostly higher amid light turnover on Tuesday while corporate securities drifted lower. Industrials faced modest pressure but rails utilities and foreign bonds held steady. volume rose to 5.38 million dollars as investors awaited Thursday treasury terms for July cash financing.
MENTIONED IN THIS ARTICLE
New York
Treasury
Bethlehem
AMF
Scott Paper
Rescue for Trapped German Shepherd in Croatian Well
Three months of feeding by local boys in Micetinei Croatia kept a German shepherd alive at the bottom of a 120 foot well. The dog was finally rescued using a sling devised by the boys and reported by Politka.
MENTIONED IN THIS ARTICLE
Belgrade
Yugoslavia
Politka
Micetinei
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