Wall Street in retreat again
The Wall Street stockmarket lost ground last week in fairly quiet trading as investors continued to worry about signs of lingering economic weakness.
In spite of a sharp.rise on Friday the Dow Jones industrial index lost almost 12 points during the week. Closing prices on Friday of a selection of shares were:
Alcan. 21: Alcoa. 25%: Amerada Hess. 25; ABC. 48: Amax. 22's; Am Express. 49'i; Amer Motor. 3%; ATT. 56%; Armco, 15; Asarco, 25G; Atlantic Rich. 44G; Bethlehem. 16; Boeing. 22%: Borden. 37“ >; Burroughs, 36‘ i: Chrysler. 8G; Citicorp. 26’ >: Coca Cola. 42%: Colgate. 18“ c. CBS. 48G: Cleveland Cliffs. 21“ s: Continental. 30%; Crane. 20G; Dart and Kraft. 58G: Digital Eq, 85%; Disney. 57“5; Dome Mines. 10%: Dow Chemicals. 24 1 1: Du Pont. 36G; East Kodak. 85G: Engelhard. 25G; Exxon. 27%;
Firestone; ll :i i; Fluor. iS’z; Ford. 26: Freeport. 17; Gen Dynamics. 33; Gen Elect. 75\; Gen Motors. 46’s; Gen Tire. 25'.< Getty Oil. 54: Goodyear. 25 l a; Greyhound. 15'*: Grumman. 38 1 ;; Gulf Oil. 31 7 s; Haliburton. 24's; Heinz. 36‘1; Homestake. 34'1; Honeywell. 78* 1; IBM, 735; Inti Harvester. 4G; Inco. 9‘s; ITT. 25G; Manville. 5 :, i; Johnson Johnson. 43's; Kaiser Alum. 13 :l i; K-mart. 21G; Lockheed. 65-s; ■McDonalds. 81; McDon Doug. 37*2; Merrill Lvnch. 34 7 s; MG.M. 5 7 »; MMM. 63%; ' Mobil. 24G: Monsanto. 72G; NCR. 61'1; Newmont. 36 : '.< Occidental. 18 7 s ; Pfizer. 69G: Phe! Dodge. 22'r. Phil Pet. 29 ;1 s; Polaroid. 24%; RCA. 21G; Raytheon. 40%: Reynolds Met. 22“ 1; Royal D Pet. 31“ 1; Schlumberger. 35: Seagrams. 59G; Sears Roe. 22'G; Sedco. 24G; Shell Oil. 37* i; Shell Tr. 26 b i; Sperry. 23; Socal. 28%: Soind. 40G; Sohio. 34; Texaco. 29; Texas Inst. 93. Union Oil. 27; Union Carb. 47G: US Steel. 17“ i; Westinghouse. 31: Wwths. 25' i: Xerox. 32%.
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Press, 4 October 1982, Page 34
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311Wall Street in retreat again Press, 4 October 1982, Page 34
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