Wall Street last week
The Wall Street share- * market lapsed into a broad j decline last week as traders > awaited the decision from ; O.P.E.C. on oil price in- ■ creases. ■ Several attempts to rally— ; lead by energy issues—failed ' to stand up. . On Friday an unconfirmed j report that Libya had threat- ( ened to cut off its oil exports ■ sent the market further into decline. The Dow Jones average closed the week at 841.98 for a net loss of 7.12 points. Closing prices on Friday of e selection of shares were: ABC. 41J; Alcan, 341; Alcoa, . 51g; Amax. 412; Amarada Hess. | 44J; Am Express, 34 a : Am Motors. 6j: Armco, 21j; Asarco, . 18J; A.T. and T., 573; Atl Rich, 67j; Beth Stl. 214: Boeing, | 40J; Borden, 25g; Burroughs, | 704; C. 8.5., 38g; Coni. Oil. 334; Digital Eq, 554; Disney. ; 34; Dome Mines, 381; Dow. 26: Du Pont, 411; East Kodak, 57J; Engelhard, 36J; Exxon, 533; Fire- , stone. 12j: Ford, 42J; Free Min, 498; Gen Dynam. 32g; Gen Elec- ’ trie, 492; Gen Motors, 59g; Gen Tyres. 241; Goodyear. 16: Greyhound. log: Grumman. 17t; Gulf Oil. 27J; Haliburton. 67: Homestake. 34|; Honeywell, 633; IBM, 7311 Int Harv. 391; inco, 202; 1 1.T.T.. 21S: Johns Many, 24J; J- > and J- 713; Kaiser. 13g; Kenne--cotL 22g: K-Mart, 261; Lockheed, - 32;. McDonalds, 451; Mellon Doug, ■ tiii MGM. 202: MMM. 56g; Mobil. ■ S9g; Monsanto, 50g; NCR, <
66g; Newm Min. 34J; Pfizer, 30g; Phel Dodge, 24g; Phil Pet, 38!; Polaroid, 313; Pullman, 353; Raytheon, 48g; RCA, 25; Reyn Metal, 33: Royal Dutch, 722; Seagram, 318; Sears Roe,j 191; Shell Oil, 40g; Shell Trans, 331; Sperry Rand, 46: St Joe, 31g; Socal, 483; Texaco, 27J; Texas Gulf. 241; Texas Inst, 901: Union Carbide. 37; Union Oil, 38J; U.S. Steel, 21g; Westinghouse, 19.3; Wwths, 261; Xerox, 60g.
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Press, 2 July 1979, Page 21
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296Wall Street last week Press, 2 July 1979, Page 21
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