Wall Street last week

Press, 2 March 1981, Page 20

Wall Street last week

The Wall Street stockmarket staged a rally last week, m heavy b Analysts say investors, especially investin £ <IM Jfv Stltutions, have grown more °P^! n 'V n*a. thev Study President Reagan’s economic programme, announced on IS. On Friday Hie -Government reported that the 0 leading economic declined in 7JaWJf/ second month in ® T ' e news was seen by some observers as positive Ift that it suggested an easing, of upward pressure on inflation and interest rates. . The Dow Jones average or 30 industrials closed pn Friday at 974.58, bunging its; gain for the week to 38.49, points.. • That marked thei average’s best weekly showing since ’lt climbed e 0.93 last November 10-14. after President Reagan’s election victory. • ; .’•■••• ■'« Closing prices on Friday Of a selection. Of shares were: ; ’-'7 -

ABC. 30 1/2; Alcan, S 3 3 «. , Alcoa. 33 1/2; Amax, 3S; Amarafi S kss y‘tea22 5/8: C6/4 Cols, 3o 7/8; Con? Oil, 58 7/arnj«lUl Eq, 86 3/b7 ; Dome.Miftei. 22 1/8; Dow Chenv M 86 7/8; fIU.'PMU,. 48 5/8: iW ;■ Ford, 19' fifthfFrte Min, 63 14! s Gen DynSßi, SS 8/4; Gen Hectric, 66 3/4; den Motors, 50 V 4; Gn : Tyres, 231 . Good Year, 18 3/3 a Greyhound, I?! Grumman, 24 ]/<? , Gulf Oil, M’aZS; Haliburton, 78 ■ 1/4: Hom«»UlW7 47 S/8; Honaj* 5 well. 10$ IjW IBM. 64 1/4; McDon Doug. 44 1/8; MGM. 8 S/{-7i 7\LM‘M. ?2 3/4; Mobil. S 3 3/27' !s(6ft»«at«. 75 3/4; NCR, CO S/8 ; f :\ewm Mln, 4 2i„ Pf t c I« pi ”l - Dodge. 321 PMI Pet. 47 I'Polaroid. '25 t/’i Raytheon, 93. J.RCA, 30 S/4t.fteWlTWetai, 32 7A: •' :Roval Dutch, M fi/fiLSeacrare, S< 1/4: Sears MO </41 Shell 47 3/4; Shell-TJit. SLi/4; Sperry 7 Rand, 56 3/Hj -St Jfo6, 27 3/4; Socal, St 1/9: ?*«*«, .40: Texas Gulf. 47 7/M Tms £ hst. US; Union Carbide, W i/4!Unloh OD, ■ ; 42 1/8; US Steel, 28 J/lj Westins;. J house. 29 7/4} WwiliS, 23 7/3; j Xerox, 58 J/4. f