European Stars And Stripes (Newspaper) - May 31, 1962, Darmstadt, Hesse May 31, 1962 the stars and stripes Page 23 in 2nd heaviest trading in history to toted from Page 11 v Secreta Blither Hodg amended a corporate dial tax Cut possibly this was further sparked Secretary Douglas urged Froin conference a Dent Kennedy and said Imenit leaders were in "the4 huge Stock which has been since the i feat\wa5 riot economic Heller the president s top Artic adviser chimed in to give users pause for thought out that the worsted when front were Raouf i not Little bit but of p rapidly. T Jonwll investor,1 generally it to be the chief seller in St Narket declines topped onid Wagon when he saw the foe th6better and began buying Back Strong issues he had sold earlier in the year above current Levels. ". The tinal Stock transaction appeared on the ticker tape at 8 07 , Edt and delayed and corrected sales were cleared up by a in1 rut r i i thei Dow Jones Industrial aver age finished showing a giant gain of at 603.96, wiping out More than 1 three quarters Nof monday record shatter Rig dec inc. Rails gained,2,18 to 32453 and utilities recovered ,5.38 to 109,73k s. Al Lewns of taper cent the recovery wiped outworn than 414 per cent Feth 23perj cent dip the Market has suffered since the first of the year v 1,-.,. More issues were traded than on. Any previous single Day in has toryjptlrit929ihere were far fewer issues listed. Showing that recovery was concentrated in Quality stocks total declines outnumbered advances by 637 to 630. A total of 1,032 issues touched new lows for Stoekl Exchange closing prices by United Tress International wft24 Curt Wrd in Hon Unta Muni Oik Kin Tpwry a new a a 42 a icel pm o w flow Tomt fair wit of Otra in ii on am to sen Dyn Ken be Nodi g Mimm nop Ono Sti p a Rob a a Ohto on Ottn Milf Atli Al out bowl of Cal Corn went Iii i Gontard Fin cd no at fit no re 01 wtf8 pens or Patti Ceu Ftp pm ib1t.at Lohn my Faltin Pun Oil Ria Talt Tot a Drulard ill to uni e l my is a "4 sch or 14-242 a 66 is 1% � we si0 o into Ltd 0 my bid puck stud pc 45%s is Sun Hie m a Walt twin to to 3014% 21 mkt i 38vi 1 to 6 put a 0 sul Tox i my Tex Pat i 7s3%� 34 43 70 it so 70 a 28/4 1514-1314 47%-Tia Royal dul us lowly Hatch 41t43h38 the rent Sun pm Shalt Oil san Toni Sinclair Hill f Socorr so cil de so Coso Fie so Rwy 69-a4 33 a a 50 -t 33-41 so a 49 44li -i-3s 4 3? 14 m 3 71143 t5 thl Okol Toldt w Oil tit Lutkeh h b 4 2 Twa try con zit la Ctm f in ctr 405 in Pic Ltd air did All Ltd Cor Ltd fruit Ltd git pm us by porn of a lewd us subtler u8 smelt us 6tml Usta per Vii Dun 4s 49 4 / 4.3 a Al 27 a 4 a set 2% 3244 i 4 a in brat i All Weil bunk a Tun Watib a Tihel White Mir we nil Oil Woolworth 30h-�-hi 37 i a 6614 4 a Neil s l Zenith a a mend 21 4 Mutual j funds prices i fond lorm fund. Hay 29 Bjo a6keo bid " my to " 7jfl 17.u 8.78 16.84 -"1430 ,s.6s i u-s4 fun to Rowan and Dit Roit Fuata 9.4ft.8i 77 731 2jw 3.2s ,.jjs i4.s3 1s.7b 14.10 it the a sol. It. I taut i Intel ind Tyml i us or web of 18.101s.-33 15.06 is.4bs-b7 4.24 t " 1.04pm to Jar tit 1.00 l. Cef Amoric. of Jahn to Mutual Ken Tut 8 key ton. 8jkey Torie s3 fund iheit4 Tilv. Growth1 hut. In. Truitt hat l , burls. Uirl 80, growth no sue. I doom nuclei onto e. Do Williom 8 Thlu Derthd fund a Jon Motif cd print by Wei 1"qrowlh Stiv ctr in Ltd United tsp not fond May 29 my 2� bid asked bid s.h6 51.7 .39 -10.53 11.51 ii.cs9.03 .8 j 9.13 t862 21.40 12.02 12.17 t3.28 3.75 4.10. 13.00 13.83 13,75 14.38 i4.3b 0.97 7.56 by 12.68 13.88 3.40 3,72 3.3 7,08 7,72 6.71 7.m 7j 7 7.00 &44 s.b2 5.37 11-41 15,47 9.79 10.73 8.37 13.35 13.4z. 19 Al s.73 6.2b s.49 14.w 13.29 the year before the ensuing re covery and Only two touched new 1962 High ground at any time Dur ing the session. The 14,750,000 shares traded was exceeded Only by j Biack tuesday oct 29,1929 when 16,410.030 shares changed hands. The inclusive Standard and poor s 500-Slock Index closed at 58.08 for a Day to Day gain of 2.58, this was he equivalent of a Rise of at out 135 billion in paper values against a loss of $20.8 billion on monday on the basis of up s newly revised formula for computing changes in the aggregate Dol Lar value of stocks Only three issues in the Dow Jones 30 Industrial average were the Range of Dow Jones Stock averages tues Day open Chi Clung 30 , ssi.7j 8 13.9 -1-27.113 20 rail l 117.33 k4.u 2,18 a Limtt l Hoe 189.73 -5.3 � Stockl 192.39 1m.j7 new York Cap Standard and poor s 500-Stock Index tuesday Flynn Clou Chint 413 Intuit Ruu m.3i 11.13 �1m m Ralfs 27.67 28.8j it 50 Uli Ulm 3a23 m.2j -t.it 100 Siek 5j.i4 kept overtime Lester Wyetzner Market analyst for Bache & co tries to keep up on Inte brokers broke out in wild cheers Stork Market reports in new York an the ticker fulls 2 hours and 23 minutes behind. Up the pit and the pendulum new York itt brokers on the floor of the now York Stock Exchange blew off steam in a wild demonstration of shouting and whistling tuesday at the end of the two most tumultuous Market sessions since the great crash of More than 30 years ago. The Day started grimly and with a tremendous Selling Rush continuing monday s nosedive. Then at noon an upward turn in Basic stocks begun to appear and the muffled Roar from the pit of the 59-year-old building Rose to a cres Cendo. So Groat was the Day s volume of business that when the Market closed at 3 30 pm Wiedt with 15 strokes on the Gong above the room the famed Wall Street ticker tape was 2 hours and 23 minutes behind in recording trans actions. The Public formed Long tines wailing to get briefly into the visitors gallery and they broke the Exchange record of 5,000 daily spectators. Photographers Tele vision cameramen radio men with tape recorders and reporters re corded the sights and sounds below. There were Between 800 and 900 of the Exchange s 1,366 members on the pit floor when trading be Gan. That Many usually show up in the course of a Day but Seldom is there such a turnout at the open ing and Many were there 45 minutes before the. 10 . Start it is forbidden to run on the floor of the Exchange but Here s the tale of figures on 10 most widely held stocks new York
