Market Gains Narrowly As Steel Stocks Lead Rally
New York stocks edged higher with the Dow up about 2.5 points after midday gains. Steel shares rose on news of price boosts and improved sentiment, while U S Steel and Jones & Laughlin rose about one point each. Katy Industries highlighted volume with an $8,000 block sold by a fund, and Victor Comptometer logged a prominent gain on a 150,000 share block. American Telephone recovered, and other active issues included Curtiss-Wright Varian Associates Grumman Carter-Wallace and Cities Service. Ling-Temco-Vought warrants and Data Processing moved higher on renewed activity.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Steels
Wall Street
U.S. Steel
Jones & Laughlin
General Motors
Chrysler
Benguet
Katy Industries
Banger Punta Corp
Katy
Victor Comptometer
American Telephone
Curtiss-Wright
Varian Associates
Grumman, Carter- Wallace
Cities Service
American Stock Exchange
Ling-Temco-Vought
Home
Acme-Hamilton
Over the Counter Interdealer Quotes Document
Quotation notes from NASD Interdealer markets as of 1 p m Thursday show price movements representative of interdealer trading throughout the day. Prices exclude retail markup and reflect a variety of banks and insurers including Arizona Bank Bank of America Samic Valley National Citizens Unit and CNA Financial.
Dow Jones Averages Report at 2 P.M.
New York AP reports stock indicators at 2 p.m. Dow Jones Industrial Average stood at 978.18, up 0.49. The transport index at 277.66 fell 0.18 while the utilities average rose 6.88 to 138.77. Volume reached 11,330,000 shares.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Federal Judge Issues Order Against Gulf
U S District Judge Jack Roberts of the Western District of Texas issued a temporary restraining order prohibiting Gulf & Western Industries Inc from soliciting tenders in its exchange offer for Sinclair Oil shares. The order sets a show cause date of Dec 16 on injunction grounds and directs Gulf to return any tendered shares. Sinclair Oil and Atlantic Richfield urged merger approval in letters to their shareholders.
MENTIONED IN THIS ARTICLE
New York
Jack Roberts
U.S. Dist
Western District of Texas
Gulf & Western Industries Inc
Sinclair Oil Corp
Roberts
Gulf & Western
Sinclair
Atlantic Richfield Co
G&w
Atlantic Richfield
Honor Awarded To Slain Envoy
John Gordon Mein United States ambassador to Guatemala was killed August 28 by terrorist fire. He receives the State Department's highest honor posthumously, with Secretary of State Dean Rusk presenting the award to Mein's widow for his lifelong dedication to friendship between the United States and Guatemala.
MENTIONED IN THIS ARTICLE
Washington
UPI
John Gordon Mein
U.S
Guatemala
State Department
Dean Rusk
Mein
United States
New York Stock Prices and Market Figures Tidbits
New York Market mixed with many figures on stocks and bonds. Abbreviated prices show gains for some issues while others slip. chgos and closings vary across sectors.
Mutual Funds Prices and Notations in Dow Jones Figures
Market notes show fund prices and investment indicators with various funds, advisers, and growth options listed. Data appears to be an OCR compilation of fund symbols, prices, yields, and related annotations from the Mutual Funds section.
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Arizona Bank
Bank of Amerie
Organie Valley Nat'l, P
Citizens Unit
Citizens Uti O. Ser
Racson Gas
CNA Financial
Jelity Corp
Anklin Life
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Mary Fields
Tucson Daily Citizen
Remington Schick Ransen
Norelco
Sunbeam Parts & Accessories
Fetterly’s
Catalina Shaver Co
Star /Citizen
Dick Casey
the Citizen
Allen Safe & Lock
10Th St
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