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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Jul 15, 1983
Page
25
UPI reports nationwide stock quotes on Friday July 15 1983 with many NYSE listings. The column shows prices last changes and trading figures for numerous companies including Alcan Allied Signal American Motors Bankers Trust Boeing BorgWarner and more reflecting market movement and weekly performance. Overall the page compiles trading data across sectors from manufacturing to energy and chemicals.
Stocks largely moved lower in early trading with losses across airlines, steel, energy, computers, drugs and finance. The Dow fell to 1197.42, the NYSE composite slipped to 95.78 while volume slowed and analysts cited Fed signals ahead of a potential rate-tightening move.
Nationwide composite prices for selected American Stock Exchange listings are reported. The snapshot includes varied tickers and prices such as AdobeOn 20 17, ContOil Gas 102, Cross A 110 20, Cubic 36, Forestibs A al, Galaxy Oil Gates td 20, and many others, reflecting a broad market scan for the day.
After a two day summit in Washington Agricul ture Secretary John R Block said attendees agreed on a need for a new long range farm policy. They favored expanding overseas markets for exports and mixed views on subsidy freezes and loan rate changes. Block noted little concrete guidance emerged on which policy path to pursue.
The dollar surged to a six year high against the West German mark amid expectations of a larger US money supply. Gold prices fell worldwide while the dollar set records versus the French franc and Italian lira. Tokyo and London markets showed currency gains for the dollar, with gold and silver prices mixed across hubs.
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