Business and Finance Highlights on Page Thirty Four
The page outlines market trends and corporate updates with emphasis on sector performance. Executives summarize earnings, stock movements, and economic outlook while readers gain insight into investment opportunities and financial planning.
Key Stocks Take Heavy Losses
New York trading ends with broad declines as the market sinks ahead of afternoon rally attempts. Major names like IBM, General Motors, Zenith, Boeing, Xerox and Northwest Airlines fall several points. utilities mixed. Great Western Financial drops on a large block. Teledyne’s news fuels Vasco Metals spurt while rails pull back.
MENTIONED IN THIS ARTICLE
New York
Zenith
Boeing
Xerox
Ananda
Fairchild Camera
Texas ‘Instruments
Northwest
Air
Hines
Barber Oil
Chicago
North Western
Great Western
Vasco Metals
Teledyne Inc
New York Central
Pennsylvania Railroad
Baltimore & Ohio
Southern Pacific
Electrical & Musical Industries
Kern County Land Co
San Francisco
Phoenix
Ahicaco
Marty
Jones & L al
Mazel Bishop Inc
Ock Ltd
Commission Ban P&l
Ronson
Roth Ae
BAM
White Consolidated Industries Inc
Kelsey Hay
Kendall
Chalee
Kennecott
Abbott L
Crane Cowd
Kerr McGee
Ryder Sys
ABC
Crest Corp Hn
Los Angeles
FSMNI
Acme
Crown Cork
Stia
KLM
Col Adams
Ms Koppers
Ieee St Jos
Rahs
Lawes Addresseo
Crue
Mle Korvette
St Jos
San
Curtis Pub
Cudahy
San Diego
Alberto Culver
Cutler
Lanvin
Los An
Cyclops
Schenley
Ae Ag
Cyprus
Ot High Good
Eslaanane
Satan
Schick
Grant Portland Cement Co
Allied Kid
ATS i Lehn & Fu
Allied Po Bn Ae
P&l
McN&l
Kansas City
Kaiser Industries Corp
Oakland
del P&l
Sergeans
Lionel
Searle
Choice Slaughtae
Good and
Ashared
Leth Alcoa Ameract
DeSoto Ch den & Rgw
Pry
Litton Ind
pFwi
Er ‘Servet Seeburg Cp
Bosch
Shell Tran
Disney
Loral Corp
Siegel Ho
Bae
He Choice
He Simmons
Barrows
Nash Ty
Sinclair Mw Ie
Enka
Lowenstein
Lukens
Ye Smith, AO
Donnelley
MacAnd & F
Choice
Prima Slaughter
Macy
E&g
Duffy
Mott
Madison
Shormn
Duke Pw
Merquardt
Sperry
Am Research
Eaton Vale Az
AM. Shee
Edger Gerag
Ye McCall
McCrory
Aeronca
Alan Wood
Ma Amp Inc
Va el & Musa
McDerm Wast
Stanray
Amhex Co
Elect Assoc
McDon Ale Az
Amphen Corp
el Paso
McGraw
Sterl
Amsted
Eltra Corp
Ho Stevens
Ameo Inc
Aig Sa
Mckess & R
Vanes Am Electron
Aby
McLean T
Stone & W
Yg Ander Clayt
Emhart Corp
McLouth Sil
McNeil Corp
Alea
Mead
Ial
Stouf Fa
Asamera Et Ark
Bly Erle
Mely Shoe
Studebaker
Arians O Stra
Ethyl Carp
Mia Merck
Ae Ae
Atl Research
Atlas Cp
Sun
MGM
Us Aran
Connecticut Valley
Indac Aoe
Fair Hiller
Rosen
Sunray
Belock
Barnes Enginth Dry
Fairmont i
East St. Louis
Bonanza Air Lin
Mel Assoc
Troy Bowmar
Mion M&m
Minn P&l
Swift Va Ivs
Stask
Am Oil _ Me
Cst Line
ofSa
Ford Corp
Vive Mission Co T
Sym Way
Brit Pet
Atlas
Tames el
Bia Et Ve
Burma
Ferro Cp
Mobasco
Dig — Burnell
Avon
Monarch
H& Tenn Gas
Butlers
Monsanto
Texaco
Caicomp
Tex East
Firestone
Mont
Morrell Mont Ward
Seger
Baro Ol Baysch & Lhe
Motorola
Tex Indust
Baxter Lad
Carnation
T&t
Tex O&ges
C.C
Christiana Oil Core
Benonit
Beckman
Murphy
Food Fair
Bell & How Mae
Bendix
Ford
Benguet
Toledo
Arizona Bancorp
Beth Steel
Torrins Co
Arizona Bank Rin Data
Bigelow S
Wa Trane CO
Bank of America
Ah Davidson
Va Black & D
Freept Sui
Nat Dalry
Chemical Bank
Blaw Kn
Chgo. Ae AB Devon P. Oils
Bliss & L
Nat City Noy
Irving Tr
Bliss
He Gamble Sk
Bly
Hanover
Duval Corp Fra — We Bobbie Bks
K-J Gar Wood
Morgan Goer
Garlock
Nat Steel Ay
St. Stva
Phx
BG Electronics
Wit
YI Boiss Cascade
Compa Equity
Essex Chem Esquire Corp
Fargo Olis Fed Resources
Bors Warn
Gen Bal
Newberry
YARCO
Mae
Va Beneficial Sid
Fevreh
Borman
Leon Branze
Felmont Petro
Bos Edis
Eng
Ferm & Hore Li
Filmways
Boston & Me Wa
Gen Clear
Sap Newmont i
Fidelity Bankers
Finan
UN Carbide
Franklin Lite
Firth Sterling
NY Air Bre Us
Georgia
Ns. Ort
Ak Fly Tiger
BR Rv
Mills Mators Tak
Nort & W
Hartford Fire
Frontier Alrial
Bucy Erle
Prac
Jefferson Ltd
He Budd Co
Alre
Lincalt Nath
Nor Ind
Nor N Gas
Old Line Life
Phila
Goldfield
Eng & F
Northrop
Greens
United Service
Gulf Am Ld
Genesco
Norton Co. Ie
Me Wasat EA
Industrial
Gulf Sulphur
Pac Cp
Norwich PA
Sai
M&m Citz
Uti
Handleman
Gerber
Bae Hazel
Tucson
Ginn & Co
US Industrio
Albertson
Anheuser-Busiene
Globe
Owens Cng
Arden Farms
ENA Va Duplier Ca
Goldrich Man
Ariz. Aga. Chem. Corp
Aztec
AP Bayless
Merkets
Caro Tel & Tel
Hie Grace Co
S. Tob
Brunswis
Rae Petro
Pac Pet Ltd
Circle K
Carrier
Carter Wallace
Granitey
Pac
Trka Na
Alex
Pac Tin
Castle & Cooke
Fe Fetterman
Pan Am
Unlohn
Mackey Air Magellan
Pet
Ae Celanese
Elin Ata
Pan Am Ly
Utah
Secs
Mead John Cen
Cenca
Trek
Men
Cerro Cp
Gulf & In
Pennsalt
Memorex McLean Ind
Monpergmely Dustrses Muniz TV
Cessng Air Champ
Victor
Morrison Knudsen Ny Muter Co
Adve RR
Va Ft & Ti
Patst Brew
Tad W Va Chase
Ms Hall
Lane of
Wes Penzell
Vornada
Palomar Mortgage
Nest A
Heck
Walgreen
Ioria M
Newall Inc
Vejchi & EM
Wallace’ Murray
Shakespears Co
BMG
Aden
Philip Mor
Phillips LP
Okier
Thrysler
Fe Phill
Webb del
Pillsbury
Finandis
Hiton Inti
Piper Alrc
ADA
Air Lin
Sv Envest
Hobart
Pitney
Rancor
Va — Park
Mit
Nik
Pea Honeywell
Polarad el
Si & Caln Gas
Hooker
Piltston Co
Weyerhaevest Ls
Preston Min
Coca Bot
Ve House
Proet & & Ad
Johnson &P
Wilson
Howmet
Winn Dix Wis
Salem Bro
Hunt Eds
Columbas
Tae Hut
Witco
Sky Home
Sat Corp
U.S
Ab Inspirnsur Noam
RCA
Va Con Foods
Va Zenith Paa AG
Statham
Rand
Swanee Paper
Wits
Miner
Gyntex
Ava
Tech
Alaing
Western Pacific Technical
Repub Corp
Rexall
Ern Pacific Railroad
Johns
Rheingold
John & John
Rich Merrell
Fearon
Joba Logan
Fa Ritter Pfa
NASD Inter-dealer Quotes Note Pricing Details
Quotations from NASD around 6 am show inter-dealer bids and asks with prices not identified. Inter-dealer quotes exclude retail markups and commissions, while asked prices are adjusted upward to include approximate markup.
IBM Elects Two Vice Presidents
IBM elected Kenneth N. Davis Jr and Y Parran Dawkins as vice presidents in New York. Davis remains treasurer, while Dawkins will direct the use of data processing equipment, bringing his prior DP division experience to the new role.
MENTIONED IN THIS ARTICLE
IBM
New York
International Business Machines Corp
Kenneth N. Davis Jr
Y. Parran Dawkins
Davis
Dawkins
Also Mentioned on This Page
Cueson Vaily Citizen
Northwest Airlines
National Airlines
United
Eastern Airlines
Occidental Petroleum
Magnavox
Chicago & North Western
Douglas Aircraft
Polaroid
Collins Radio
Admiral
American Stock Exchange
Berkey Photo
Northeast Airlines
Atlas Consolidated Mining
Molybdenum
Cook Electric
Great American Industries
National Video
Valley Metallurgical
CCI
Syntex
Selas Corp
Andrea Radio
Caldor
Helena Rubinstein Rose
Treasury
Washington
Broadway
Cea
Tucson Federal Tnt
Iit Ea
Tucson Realty
Rae Nase Tans Lome Ease Tsi
NEI
Eee Yee Hy
Ala
Equitable Life Assurance Society of the
Earl R. Wesley
Paul M. Eskew
Avenue of the Americas
New York, N.Y
Bisbee-Douglas
Norman Busk
Yume Trail
Warren
Southwest
Proenix AL
Leo Kaveger
John R. Stille.& Associates
National Life of Vermont
Tucson Life Insurance Agencies
William Poston