Market climbs to highest in a year and a half
New York stocks surged to their highest level in over a year and a half with the Dow up 6.44 to 914.64 at the close. Big Board volume reached 22.27 million shares as institutions bought and banks cut prime rates to 5.0 percent, aiding the rally.
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Ford
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New York Stock List A One-Letter Fragment
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Dow Jones Averages Close Mixed Amid Trading Volume
The New York market showed a mixed close with the Dow Jones averages ranging across sectors. Industrials up 6.44, Transports up 0.56, Utilities down 0.10, while the 65 Stocks index rose 1.37 as overall trading activity totaled 2,704,400 shares.
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New York
Indus
Stock President Resigns From Amex After Short Tenure
Ralph Saul resigned Tuesday as president of the American Stock Exchange in New York. The departure, cited as for personal reasons, comes after he led the exchange since August 1966 with a five year, eighty thousand dollar per year contract. Saul, 49, previously served as an SEC official and as a vice president at Investors Diversified Services.
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