High Fliers Cut Early Losses in Mixed Trading
The stock market closed a volatile session with mixed results as sharp declines in aerospace, defense, airlines, electronics and other big gainers were offset by modest advances among blue chips. Downgrades and profit taking followed reports of a Christmas cease-fire in Viet Nam, while several large producers slipped and others climbed on uneven turnover.
MENTIONED IN THIS ARTICLE
New York
Viet Nam
General Electric
Eastmaad Kodak
Westinghouse Electric
American Telephone
Standard Oil
New Jersey
United Air Lines
Northwest Airlines
Fairchild Camera
IBM
Xerox
Polaroid
Over the Counter Stock Prices From NASD Quotation
Latest New York stock quotes from NASD at approximately am. Bids are inter-dealer prices and not identified by retail marks. Asked prices show adjusted inter-dealer values to include approximate markup.
Fragmented OCR metal market brief from New York and Connecticut
A garbled market note mentions metals in New York and Connecticut, with references to lead, silver, and copper. It cites East St Louis, a 4 pound item, and a Guicesaver in New York, but details are unclear due to OCR errors.
MENTIONED IN THIS ARTICLE
York
East St Loui
New York
Guicesaver
American Stocks at 2 P.M. in New York
U.S. stock market activity reported at 2 p.m. in New York shows investors reacting to midday developments. Major indexes move as traders assess corporate results and economic data.
Cotton textiles market holds steady amid slow demand
New York market reports show steady cotton textiles with light business and growing concern over military orders tightening civilian supplies. Buyers show more inquiries for print cloths for forward delivery while acetate fabrics trade at lower spot prices and resinous synthetics see some reselling.
MENTIONED IN THIS ARTICLE
New York
API
Converting ITT Debentures For Stock Income
Inquiries about converting four 4% ITT debentures into ITT common stock at 16 4 to gain income. Conversion through May 15 1968 yields 21 shares plus a fractional check. Watch dividend rate changes as later terms reduce shares and note deductibility of capital losses from selling stock.
MENTIONED IN THIS ARTICLE
William A. Doyle
International Telephone & Teleraph Corp
ITT Comemion
ITT
Treasury position shows slight changes from 1964 to 1965
Treasury balance as of December 1965 stands at 38,503,? with deposits for the year totaling 3,973,028,? and withdrawals at 66,297,774.08. Total debt reaches 322,015,397,613.93, with gold assets at 13,808,277,427.73, noting 280,990,797.66 of debt not subject to statutory limit.
MENTIONED IN THIS ARTICLE
Washington
APJ
Treasury
Reynolds Plans Plant in British Guiana for Bauxite
Reynolds Metals Co. announced a new plant in British Guiana to produce calcined bauxite. Walter L. Rice, president of Reynolds Mining Corp., said the facility will serve the refractory and abrasives industries.
MENTIONED IN THIS ARTICLE
Richmond, Va
Reynolds Metals Co
British Guiana
Walter L. Rice
Reynolds Mining Corp
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