Opening stocks trading heavy after sharp rally
Stocks drift near Thursday close as volume stays brisk on Wall Street. The Dow retreated 3.55 to 127869 in early trade while investors weigh profits after a record day. Unemployment fell to 8.2 percent in December, helping sentiment but traders note gains may be overextended. General Electric rose to 58, Bristol-Myers +4 percent, Lockheed steady, with NYSE volume near 159.99 million shares and the composite up 1.17 to 97.34. American Stock Exchange index rose 2.39 to 226.87.
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New York
New York Stock Exchange
Wall Street
Bristol-Myers
Lockheed
Dow Jones
NYSE
American Stock Exchange
Metal Prices New York Spat Nonferrous Metal Prices
New York metal markets show copper down 9 to 72 cents per pound across US destinations. Tin around 49 cents per pound delivered. Gold trading near 436. Royals ounce. platinum around 386.00 per troy ounce. Mercury and other metals listed with varied quotes in the Metals Week issue.
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New York
Isue
Handy & Dal
County grain prices from Loran County Farm Bureau Cooperative
The Loran County Farm Bureau Cooperative Association reports market rates for grain. Wheat 333 per bushel, Shelled corn 3.57 per bushel, Oats 165 per bushel, Soybeans 7.75 per bushel.
MENTIONED IN THIS ARTICLE
Loran County Farm Bureau Cooperative Associaon
Booming Christmas sales lift Wall Street on strong retail and auto data
Retailers report the best December in years as Big Five automakers post first year-to-year rise in four years and 1983 auto sales climb 17.2 percent. On the New York Stock Exchange trades hit 159.99 million shares, the dollar hits multi-year highs versus major currencies, and the Dow rises to 1,282.24 as analysts cheer lower rates and solid earnings outlook.
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Wall Street Bulls
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New York Stock Exchange
Britain
France
Italy
Spain
Denmark
Bernard M. Fauber
Kmart Corp
Fauber
Roebuck and Co
Detroit
GM to create two big small car groups in reorg plan
GM will consolidate five passenger car divisions into two groups, a small car and a large car unit. Chevrolet and Pontiac to join the small group, Buick Oldsmobile and Cadillac to lead the large group. Board approval in New York expected Monday.
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Knight-Ridder
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General Motors Corp
Lee Tee Lillie
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Robert Stempell
Lloyd Reuss
New York
Isuzu Motors Ltd
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