Trade Keeps Slow Pace as Stocks Fall on Light Volume
New York stocks declined on light volume the lowest since August with 6.71 million shares traded. Dow components Alcoa Chrysler Owens-Illinois Standard Oil of California and Union Carbide led gains while broad indexes moved lower. The AP average fell to 299.1 and the S and P 500 slipped to 88.33 as gold stocks rose and European markets edged higher.
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