Wall St market closes firm

Press, 31 January 1983, Page 21

Wall St market closes firm

In spite of two weak sessions early in the week, the Wall Street stockmarket closed on Friday on a firm note.

Analysts said that the market was sustained by hopes for a recovery from the recession, after the Government reported that its Index of leading United States economic indicators rose 1.5 per cent in December. It was the eighth increase in the last nine months for the Index, which is designed to function as a barometer of economic trends.

Closing prices on Friday of a selection of issues were:— Alcan, 28; Alcoa. 32%; Amerad Hes, 24%; ABC, 53%; Am Express, 63%; Amax, 24%; Am Motors, 7%; ATT, 69; Armco, 16%; Asarco, 38; Atl Rich, 44%; Beth Stl, 19%; Boeing, 35%; Borden, 52; Burroughs, 47%; Chrysler, 17%; Citicorp, 34%; Coca Cola, 50%; Colgate, 19%; CBS, 59; Conti Grp, 35%; Crane, 25%; Dar and Krft, 65%; Digital Eq, 119; Disney, 67%; Dome Mines, 20%; Dow Chem, 28%; Du

Pont, 39; East Kodak, 83%; Englhrd, 33%; Exxon, 30; Firestone, 18%; Fluor, 22%; Ford, 39; Frpt McMor, 20%; Gen Dynam, 36%; Gen Elec, 99%; Gen Motors. 61%; Gen Tire, 31%; Getty Oil, 54%; Goodyear, 33; Greyhound. 19%; Grumman, 51%; Gulf Oil, 30%; Haliburton, 33%; Homestake, 60: Honeywell, 90; IBM, 97%; Inti Har, 4%; Inco, 12%; ITT, 31%; Manville, 12%; Jhsn and Jhsn, 48%; Kaiser, 16%; KMart, 27; Lockheed, 88%; MartinMar, 42%; McDonald’s 58%; McDon Doug, 42%; MGM, 10; M-M-M, 75%; Mobil, 26; Monsanto, 84; NCR, 92%; Newm Min, 57%; Pfizer, 69%; Phel Dodge, 29%; Philip Mor, 59%; Phil Pet, 32%; Polaroid, 29; RCA, 21%; Raytheon, 47%; Reyn Metal, 26%; Royl D Pet, 34%; Seagrams. 76; Sears Roe, 28%; Shell Oil, 38%; Shell Tr, 25%; Sperry, 37%; Socal, 33%; Soind, 40%; Sohio, 39%; Texaco, 32%; Texas Inst, 164%; Union Carb, 55; Union Oil, 31%; US Steel, 20%; Westg Ele, 44%; Wwths, 23%; Xerox, 35%; Schlumberger, 46; Sedco, 30%; Meryl Lynch, 61%; Occidental, 20%; Heinz, 37%; Cleveland, 22%.