Dow Advances Amid Merger Drag and Careful Trading
Stocks rose to a three month high as lower rates supported the market amid profit taking and a year end rally. The Mobil US Steel merger fight over Marathon Oil spurred both professional and amateur arbitragists, lifting many market barometers despite mixed results. The Dow Jones managed a late uptick.
MENTIONED IN THIS ARTICLE
Frank W. Slusser
UPI
New York
Mobil-Us Steel
Marathon Oil
Dow Jones
Dow Closes Near 900 as Stock Rally Extends
The Dow Jones Industrial Average rose 6.75 to 892.69 the highest close since August with a 47.94 point rally since November 19. NYSE index up 0.53 to 73.24 and S&P 500 gains 1.17 to 12.26 as volume climbs. Analysts warn recession may sap fourth quarter earnings and dividends.
MENTIONED IN THIS ARTICLE
Dow
Standard & Poor
Reading
Unem
New York
UPI. Sa
Nasd Inc
Newt Inc
Nichlas
Uta Agi
Wat AG
Ges&s
Ty Grifntsa
Penn Met
Proeale Chase
Hartel
Harich
Or Herald
Horace Mn
IndsFd
Archer
Inveser
Tovesh Indiau
Ball & Bear
Janus Fadt
Calta Bullock
Canada
Salece Group
Drv
GySe Equity
Kant Fund
UnCape
Lensi
Sentinel Group
Getaware Group
Lindner Fa Sas
Ny Leamans Sayles
Delchs
Cap Devib Az
Shearson
TaFt
Lend
Dean Baz
Way Bro Inc
Signa Funds
Bok
Capid Saam
Drevi
Ty Broth US Invest
Trust
Sm Barnes
Thard
Sowest
Exton & Hon Us
Sowlng Inc
Mathers
Daveret
Merrill
Chen
Capu
Lee
Steadman Fonds
Elfen
Exergy
Assoc
Borgra
Taves
Jasco Parmb Grawe
Ocean
Fedrist
Joe Pumda
Valu
Speel Fd Ag
Mirteal
Orookes
Amer Indy
Groth Templeton
Fidel Fd
ASIB
Ieee
Compt Inc
Pigh Inc
Valeo
Val
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Federal Reserve
Treasury
Donald Regan
Aliso
Europe
NYSE
Pimladelphia Stock Exchange
P.C. Loram Blyria
Eit
Sanco
Watonal Cft Corp Wordson Corf Worthern Savings Oberlin Savings TO
TLE Staracte Toke MG
Biytia
Lakeland Guidance Centre
Kolberd
Lakeland Medical Center
Lorain
Ohio
State OF Ohio
Inrormeion
Stephen N. Gerson M
Schoolmaster
Stratolounger
Strate Ea Ar
Torr Wat
SALE
Remy-Scanlan
Broadway
21St Lorain, Ohio
Sale Pecanor
G& X
Arer
Visa
American Express
Higbee's
Foo
Higbee
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