WALL STREET LAST EEK

Press, Volume CXV, Issue 33858, 2 June 1975, Page 10

WALL STREET LAST EEK

Market rallies ' after report The New York stock market showed a big gain on Friday to make a small net rise for the week. The Dow Jones average of [3O industrials climbed 17.29 to close at 832.29 on Friday after the Government s report ion Thursday that its index 'of leading economic indicators rose in April. The indicators jumped a record 4.2 per cent in April, the second monthly rise after II months of decline. Some weakness in prices after the report apparently stemmed from the energy programme, which calls for : higher taxes on imported [petroleum, and de-control of [ domestic oil prices. The closing prices on Friday of some selected stocks were:— Alcan. 22J; Alcoa, 46, Amerada Hess, 18J; Am. Smelt., I 7«; [Anaconda, 15J; Atlantic Richfield, 97; Burroughs. LOtJ; Cent. Oil, 164 J; Dome Mines. 51; Dow Chem., Engelhard Min., 19; Firestone. 17J; Ford, 37; Freeport Min., 261; G.M., 44; Greyhound, 14J; Gulf Oil, 20S; Homestake, 512; Hudson Bay, 18; T.8.M., 215; 1.H.. 29J; Int. Min.. 9; [lnco., 28J; Johnson, Johnson, 95i; Kaiser, 30J; Kennecott, 37; Kerr McGee. 872; Louisiana Land. 25J; Martin M„ log: Mobil, '478; Nat. Cash Reg., 361; Newmunt Min., 24J; Occidental, 1981 • Phelps Dodge. 35; Phillips Pet., 552; Reynolds. 202; Royal Dutch, 342; St Jone Mins, 61: Shell Oil, : 531; Shell Trans., 298; Std Oil Cal., 292; Std Oil Ind.. 455; Std Oil Ohio, 75i; Exxon, 87j; Texaco, 255; Texas Gulf. 33.5; T.W.A . 9; Union Oil Cal.. 395; Utah Con, |695; Woolworths, 144. Off-beat theft—A Putaruru (constable’s wallet, containing I $32, was stolen from a motel lin Putaruru between 12 a.m. 'and 3 p.m. on Thursday. The ( wallet was later found empty (iin a pool -of watfcr on the ilroad nearby.—(P.A )