Stocks Plunge as Market Endures Heavy Trading
The New York stock market closed sharply lower after a day of heavy volume. Early gains gave way to a mid day skid with losses ranging from fractions to more than two points in key issues. U S Smelting, Polaroid, General Motors, Chrysler and airlines weighed on the declines while some names like Homestake Mining and Du Pont showed modest gains. Total volume near 6.8 million shares.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
U.S
Polaroid
General Motors
Chrysler
Jones & Laughtin
Boeing
Kennecott
Homestake Mining
du Pont
General Electric
New York Central
United Air Lines
United
Northwest
National
Pan American
Douglas
General Dynamics
American Stock Exchange
Gilbert
National Video
Duval
Elco
Syntex
Reyn
Terteereee Oe Stevens
Jewel Tea
Sila Ritter Co
Johns Man
Lew Close
Hinh Low Close
John & John
Jon
Rob Controls
Jones & L
Roth Staeve
Rom
Gata
Actié Amis
Coop Bes
Royal Dutay
Rubecord
Corning
Kays Roth
Russos
Aeroqulp
Qrane Co
von Kellogg
Ryan Aero Va
Abe
Crow
Kelsey Hay
Ryder Sy
Crown Cork
Jain Bal Kennecott
Alleg
Zell
Kern C Ld Td Fave
Safeway
le Alleg
Kerr McGee
Aled Mills
Curtis
Ms Kloss
San Gas
Allied Stra
Kresge
Krochler
Va Schenley
Allied Star SD
Kroger
Schick Schering
Dayco
Schimbgr
Ae — Alum Ltd
Lee National WA
Della Als
Lehman
Searle
Seeburg
Boye
Lily Tulle
Sham O& G
Waddiaga
Sharon
Cyan AL
Shell Gu Y
SIM
el Py
Shell Tran
Litton Co
Simmons
Singer Co
Dornin
Loew’s
Smith
Tayayy
Isi
Lorilara
Ba Lou & Nash Eds Mia
SY — du Pont
Am News Va
Lowenstein
Am Optical As
Ain
Oymp
Ain Potash Oo WM Jsve 3% —T% Dytam
Lykes
Ie Nh Eagle P
Macy Rt
Ns Spurton Cp
Byvo Am Sugar
Pan Med East
Madison Fe
Sperry
East Ead
Spiegel
Magma Copa Wa
Edis
Siraeion
Masnavox
Ametek Asia
Ekco
WY Ltd
Dia
Ms Amp Inc
el Bond
Marath
Va Marine Mid
Aia
Ampex Cp
Ma & Star Bal
Ing
Corp
Elect Assoc
Amsted
Elect
Marsh
Arizona Bancora
Som Ag
Arizona Bank
Eltra Corp
Stanray i
Americ
Ander Clayton
Emer
Nite
Stauff
Chemical Bank New
SdVa Shhynken
Ma Madtel
Sterl Brug
Ross
Stevens
City N.Y
Ariz
M&m
Ste
Hanover
Armour
Evans Polie
Stone & Wa
Morgan Guar
Everswarp
Stone
Valley Nat'l
Assoc
SuCrest
Aersaca
Fairmont
McLean T
Sun
Amicnell Corp
Sundstrand
Franklin Life
Sunray
Psirof
Atlas Credit
Fedd Corp Va
Aveo Corp
Aea Asamera
Fenestra
Aa Sweets Co
Ns. NY
Ferro Cp
Dofferson A
Lincoln
T.rh
Research Sa
Babcock He
Eliteot
Nat Old Line
Atlas Consol
Baker
Fink
Anas Cawl
Lima Isd
Firestone Ao
Talcott
Phila
Alva
Bald Mont
McCord
Tech Mater
Banff
Texaco
United Service
Barnes Eng
McGraw Ed
Tex East
Tales Br
Baxter Las
Tex Gas
McGraw
UNI A . Ma
BSF Co
Beaunli Ca
Mchess & WU
Aya — Ms Pac. Fwr. & Lite Se
Burnell “Bie + y Beckman VO
FMC
Gen
Electric
Dickin
Food Mart
Morrell
Tex
Gasoco
Muasingwaay
Textron
Carnation
Bell Invaz Taut
Rai Te
Frank Strove
Murphy
Albert
CG Corr
Bendix
ATM
Freent
Aan Murphy O
Ark
Ago
Chem. Core
Aromatan Wits
Ya Best & Co
Cingrama
Aztec Oil & Gas
Clary Co
Gar Wood
Torring Co
Scien
Black & D
Trane
Agha
Bonanza
Nat Canadias
Tran W Air
Py Blilss & L
IBM Ma USA
Vasa
Transwa
Beaver Real Estate Betheeet
Sav
Devon P
Otis
Barden
Horizon Land
Ee Wa Dislectrica
Bora Warn
Lily
EU Doves
Draper
Borman
Nat Steed
Lomie Star Steel Tose
Vsva
Bos Edis i
Fiat A
Lusk Cammen
Boston & Men
UN Carbide
McLean, Ind
T's
Esquire Coro
Ye Brach& S
Ota Ava
Mills
Navtec Cp
Morrison Knudsen
Essex
Bran Airw
Ube
Gen Motors
Neisner
Pabst
Fargo
Neptunera
Peter Paul Fed
Brisas St
Thy Nevada
Felmont Petra
Ferral
T&t
Bisc
Ford
Bucy Erle Budd
Gtel& el
Newmont
Eng & F
Shakespeare Co
NY Air
West Rach & Gen. Inc
Frontier
Bullard
Genesco
Arly
Central
Tappan Co
Joan
Giannini Can
Bulova
B&g
Burland
Gerber
Frt, Inc
We Goldfield
Sia Burroughs
la Geifly Oil
Norf & W
Baty Ata
Tns
Bae
No Am Coal
Handleman Ma Callah Mang
Ginn & Ca
Nor Central
Ate
Hazel Bish
Nor Ind
Glidden
US Industri
Hallinger Wa
Globe
Chicago
Saroda
Ye Goodyear
Airtin
I Grace Co Ao Moye
Norton Go
Yoo
Srain
NeAm
NeAm VY Care Pal
Norwith
US Steel
Jeannette
Wy Carter
Ohio
Kansas
Kane Miller
Univ
Kirby Petro - WA Genco
Finny
Lanox Inc
Cen Fay
Opelika
Nebraska
Levitt Sons
Greyhound
Utah
P&t
la Land
Gulf
Owens
Saha
UTO Corp
Mead John Mackey
Menasco
Gulf & Wa
Ind
Cessna Air
Vanad Co
Chad Gath
Endo Co
Ahonegram Industrial
Hall
Asv
el & Pw
Morse
Chase Man Bk
Hailibur
VulcanMat
Sa — Chemein 46 Wats Nm Ay —™% Hallicrait
Pam
Napco India
Harris
Harsco
Walworth
National Co
Warn Ara
Hazeltine
Warn Lam
Nelly Don
Heela Mag
Peac Coal
Nh Warren
Ldrla MA
Heller
Va Penney
Wash Wat P
Aone
New Park Mining Ny
Chi Ri Pac Ct
Pennsall
Ahi
Hersh
Jae
Webb
Chris
Heublein
Vdeh
cCinG&e
Tate
Bancorp
Pac
Bec
Hilton
Petrol Coaly
Uesha Pac Clay Pgs
Finanay
Hilton Hat
Phizer
Byard
Uta
Av Phelps O
Sma
Bk Ae
Thay PacPet Ltda
Se City Invest
Phil el
Westa el
Phil & Ada
Weyernas
Java
Philip Mor
Oat
Elec
Dale
Hally
PhiPer
Whirl Co
Pillsbury
Phoenix Silvel
St Gas
Fe Pitney
Ala — Wickes
RYE Polarad el Uv
Pit Coke & C Ca
Wilson & Co
Preston
Coca
Nyy Ava
Winn
Amy
Tata
Reaves Ind Ag Wa
Pit Steel
Sis
L&p
Pittston
Rem Arms
Coll
Tae Mow Johnson
Witeo
Salem
Collins Rad
Calence
Tava
Howard
Va Poor & Co
Vy Howe
Worthing Sg
D.sparta Selay Corp
Colo
Xerox
Sh & T
Tel & Tel
Sperry Rano
Pullman
Art Paints
Swante Paper MM
Sat Corp
Conde Nast
Iowa P&l
Dave Wa
P&l
Ng Rand
Tenny Eng
Raytheon
US Air Condoy Cantatner
Diya
Rellan
Victoraen
Wilson
Final New York Stocks Dow Jones Closing Averages
The final closing figures for the Dow Jones Industrial Average at the day’s end show notable movements. Leaders and movers include key manufacturers and banks reflecting market sentiment and trading activity.
MENTIONED IN THIS ARTICLE
DOW Jones
Over the Counter Prices Guide for Securities
The prices below, provided by National Association of Securities Dealers members, show bid and asked ranges as of compilation. They do not reflect actual transactions and serve as a guide to possible sale or purchase values.
MENTIONED IN THIS ARTICLE
National Assn. of Security Dealers
Udall Meets Governors On Potomac Basin Plan
Interior Secretary Stewart L Udall meets with Maryland Virginia and West Virginia governors to discuss President Johnsons proposal to make the Potomac River Basin a national conservation model.
MENTIONED IN THIS ARTICLE
Washington
UPI
Stewart L. Udall
Maryland
Virginia
West Virginia
Johnson
Potomac River
Livestock Market Reports from Phoenix and Kansas City
Weekly summary for week ended June 25 shows slaughter steers mainly steady with several 027- per hundredweight ranges and deliveries. Hogs and lambs in Kansas City and Los Angeles areas show softer prices on hogs, with steers and heifers steady to slightly lower, and cattle and calf movements within two weeks of delivery.
MENTIONED IN THIS ARTICLE
Phoenix
Los Angeles
FSMN
Slaughter Spring Labs
Kansas City
Barrows
Barrows and Gills
Sheen
Soviet launches market research to fit local demand
The Soviet Union moves into market research to study consumer demand and regional budgets, aiming to cut losses from unsold goods. An institute will analyze family spending and trends, processing data with computers, as managers gain freedom to tailor production to local needs and profit.
MENTIONED IN THIS ARTICLE
Nikolai N. Marozov
State Committee On Trade
Komsomoliskaya Pravda
Maorozov
Soviet Union
Institute On
Cotton futures hover as hearings loom on new U S bill
Domestic cotton futures were steady to down with activity limited to distant months as markets awaited a House Agriculture Committee hearing on a new cotton bill aimed at restoring U S competitiveness with lower world prices. A private survey found general progress in the crop and noted the first bale of the 1765 crop ginned in the Rio Grande Valley. Late quotes showed mixed shifts across July October and December contracts.
MENTIONED IN THIS ARTICLE
New York
House Agriculture Committee
Cooley
U.S
Rio Grande Valley
Hong Kong Suspends Jade Certificates Amid US Pressure
Hong Kong halted issuing origin certificates for jade after a government spokesman cited malpractices that let Chinese jade reach the United States. The move affects stores with millions in jade stock and complicates exports for American shoppers. Local merchants describe evasion tactics involving Burma jade to skirt rules.
MENTIONED IN THIS ARTICLE
Hong Kong
U.S
China
Red
Burma
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Potomac Basin Plan
Treasury
The
Connecticut Valley
East St. Louis
Moscow
Jade
Yanks
American Auto Rental
Impalas Pvr
Trans. A
N. Sione Ave
Gine
Gines
American Savings
Tucson Association of Independent Insurance Agents
J & J Const. Co
Coleman, Moore, Gatlin
Brause
Cork
Respindek
Cooper, Pickett
Western Battery Sales
Slim Kemps
Western Beauty Supply
Stewert
Constoluiction
Michigan
Cedar Rapids
Ford Tractor
Bay Station
SEARS
Evinrude
Johnson Motor
Blackhawk
Whiteman
Berger Surveyors
Kenmore
Apeco
Remington
Clary
Stono
Pepsi Machine
Studebaker
Merloh Re
Ton Burack
Merrie Kramer
Avctionen