Stock tumble and market declines signal yearend selling
The stock market fell broadside as yearend tax loss selling drew down prices. Dow Jones industrials slipped to 800.95, down 4.09, with widespread declines across sectors including steels, oil, and airlines. The AP 60 average fell to 276.4, with 861 decliners vs 286 gainers at noon. Dec 10 deadline set for federal crop insurance loss notices highlighted by O Connor. Jerry West continued as NBA scoring leader, while Iowa and other college results were reported.
MENTIONED IN THIS ARTICLE
New York
U.S
Dow
Associated Press
Senate
Phillips Petroleum
Gulf
TexaCo
Occidental
Standard of California
Standard of New Jersey
CNA Financial
American General Insurance
Kresgeri
American Stock Exchange
John O'Connor
Federal Crop Insurance
Muscatine County
O’ Connor
Federal Crop Insurance Corporation
O'Connor
Monroe County
Keokuk
Wapello
Town
New York Stock Quotations December 2 1969
AP report lists noon stock prices for Allied Chemical Allied Stores American Brands etc with many names and percentages. The wheat futures dipped 2 4 cents and soybeans showed some strength on oil and meal gains as traders profited before year end.
MENTIONED IN THIS ARTICLE
New York
AlliedCh
Ynt Hary
AlliedStrs
T&t
Interst P
AmChain
Iael&p
Kraft CO
Krige SS
Loch Air
Marcor
Armour
Martin
Maylag
Motil
BendixAy
Beth St
Borden
Penney
Brunswik
Chrysler
Phill Pet
Deere
Safewy
duPont
Sear Rod
East Rod
Ind
Eltra Co
Sea Pac
Fairmont
Sperry
FooteMin
Ford
Uhilago
Chicago Board of Trade
Chicago and Omaha Livestock Market Report Details
Market reports from Chicago and Omaha show cattle, hogs, and sheep receipts with price shifts. Hog prices mostly steady to 25 cents higher. cattle slaughter and steer prices mixed with some high value loads. Cattle and hog totals and sheep figures are provided, noting varying weights and yields.
MENTIONED IN THIS ARTICLE
Chicago
USDA
James Steady
Omaha Livestock Omaha
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West
Jerry West
Los Angeles’ Arsenal
National Basketball Association
NBA
Lakerstar
Billy Cunningham
Philadelphia
Lou Hudson
Atlanta
Iowa
Dubuque
North Park
Drake
Wisconsin State
Towa State
Washburn
Fort Dodge
Southwestern
Clarinda
Normal, Ill
Interstate Intercollegiate Athletic Conference
Illinois State University
Chicago Cash Grains Chicago
Muscatine Journal
the Muscatine Journal