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Odessa American in Odessa, Texas

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Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

May 11, 1982

Page

12

New York stocks ease after early losses on rate concerns

Prices opened lower on the NYSE with the Dow down 1.52 at 859.39 as 1,121 issues traded. volume around 3.1 million shares. Traders cited Henry Kaufman rate rise warnings and a tepid response to the Fed money supply report while hope builds for a budget compromise.

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