Higher Tone Scored After Moderate Day
The stock market rose slightly on a moderate trading day as profit taking was absorbed. The Dow gained to 723.4. S&P 500 up 0.15 to 71.06. AP average 261.80. News of rising personal income buoyed sentiment while steel contract negotiations sparked some doubt on steel shares.
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New York
Standard & Poor
Associated Press
Wall Street
Jones & Laughlin
American Stock Exchange
Dow Jones Averages Close Strong. Industrials Up
New York UPI reports the Dow Jones closing range with industrials rising. The irregular data shows highs and lows for the 30 Industrials, 20 Rails, and 15 Utilities with a net upward movement, indicating a positive stock market session.
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New York
UPI
Dow-Jones
Markets At A Glance In New York
Markets at a glance show mixed and moderate activity with steady demand. Government issues are steady with quiet trading as buyers cover shorts and commercial interest remains firm. Top live cattle quotes reach about 17.18 with steers steady to eight dollars. spot houses report contracts and nearby deliveries.
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