Market Week Ends With Dow Drops Amid War Anxiety
New York markets faced sharp losses as war developments in Cambodia and domestic protests weighed on investors. The Dow Jones industrial average fell 19.07 points on Monday, hit a 1965 low later in the week, and closed down despite a partial rally aided by a margin requirement cut. Bond and commodity activity showed mixed movement as inflation worries persisted and first quarter earnings remained weak.
MENTIONED IN THIS ARTICLE
John F. Kennedy
Kiwest
Aeft
Federal Reserve Board
Weekly stock and cotton market roundup across major indexes
The period saw declines in major averages with the Tray Jones Industrials down 15.90 to 717.73 and the NYSE 1200-stock index off 1.34 to 43.61. The AP 60-stock average fell 5.2 to 252.5 as only six of 25 active issues advanced. Telex and several others posted losses. Bond prices were mixed with tax-exempt bonds at near record yields. Cotton futures weakened, with No 2 contracts unchanged to down 1.15 and May 1970 delivery sliding to 24.28 cents per pound amid light trading and profit taking. Exports dropped week to 49,000 bales. season-to-date exports rose to about 2.12 million bales.
MENTIONED IN THIS ARTICLE
Tray Jones
New York Stock Exchange
Associated Press
Telex
American Telephone
Polaroid
Fairchild Camera
IBM
Xerox
AMK
Milzo Electronic
Beck Industries
Sty
Digital Equipment
T's
New York Cotton Exchange
Trade and Commission House
Exchange
U.S. ‘Agriculture Department
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Stock Mart
David Burke
Wail St
New York Stad Exchange
Aresin
Ambaafr
Wisn Oe Ag
Reese
Ramet Sun
New York
Cole
Asaasaet
Esa
Ah Eet
Vy Oy
Ord
Ee J Ssr
Besey
Fey
Perkin
Opment
Bien
Rea
Angen Fai
Ver Bas
Xai
Corp
Tna
Dex Ae J
Lino Rasta
Ame
Lee
Ali
Ariston Amiel
Fea
Armee. Pl
Armitub
Antes Pets
Ota
Pr Tea
Ane Ay
BlairJohn
Bliss Lang
Blue Bell
BiuBel Pei
Nging Co. BoCas
Borden
BorgWar Bormans
BTA Srown
Ute Ust
Mit Wy
Arte
Howe
Ast
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