Wall St indecisive
The Wall Street stock market moved in a narrow range last week, in an indecisive pattern. Analysts said that the market was taking a pause after its rise to record highs this month. The news of a record $29,290 million deficit in the Federal budget during May made some investors uneasy. In addition, doubts persisted about the outlook for Federal Reserve credit policy and interest rates, given the recent rapid growth of the U.S. money supply. Alcan. 33%; Alcoa. 39; Am-
erad Hes. 29%: ABC. 64%; Am Express. 70%; Am Motors 10%; ATT. 62%; Armco. 18%: Asarco, 40%; Atl Rich, 49; Beth Stl. 23%; Boeing. 47; Borden. 59%; Burroughs. 57%; Chrysler. 35%; Citicorp. 38%; Coca Cola 50%; Colgate. 23%; CBS. 68%; Conti Grp. 44%; Crane. 32%; Dar and Krft. 67%; Digital Eq. 124%; Disney. 66%; Dome Mines. 18%; Dow Chem. 35%: Du Pont. 48%; East Kodak. 70%; Englhrd. 39%; Exxon. 34%; Firestone. 21%; Fluor. 21%; Frpt McMor. 25%; Gen Dynam. 55; Gen Elec. 55%: Gen Motors. 74%; Gen Tire. 35%; Gettv Oil. 71%; Goodyear. 33%; Greyhound 26%; Grumman. 66%; Gulf Oil. 36%: Haliburton, 40; Homestake, 35%: Honeywell. 115; IBM. 123; Inti Harv. 8%; Inco. 14%; ITT. 41%;
Manville. 15%; Jhsn and Jhsn, 48%; Kaiser Alu. 20%. K-Martj 35: Lockheed. 125%; McDonald's, 66%; McDoii Doug. 61%: MGM, 17%; M-M-M. 86%; Mobil. 32%: Monsanto. 89%; MCr. 119%; Newm Min 55%; Pfizer. 86%: Phel Dodge' 29%; Phil Pet. 35%; Polaroid. 28%; RCA. 30%; Raytheon. 52%; Reyn Metal. 33%; Royl D Pet. 46%; Seagrams. 31%; Sears Roe. 42; Shell Oil. 48Shell Tr. 36%; St Oil Cal. 39%; St Oil Ind. 50%: S Oil Ohio, 51%; Texaco. 35%; Texas Inst, 123%; Union Carb. 71%; Uncal. 35%; US Steel. 25%; Westg El. 52%; Wwths. 35; Xerox. 48%; Am Airlines. 37%; Cleveland Cliffs. 23%: Heinz. 44%; Internorth, 38%; Merryl Lynch. 110%; Occidental. 24%; Sedco. 41%; Schlumberger, 54%.
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Bibliographic details
Press, 27 June 1983, Page 24
Word Count
313Wall St indecisive Press, 27 June 1983, Page 24
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