Word: steel
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Dates: during 1960-1969
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...Kaiser Steel...
...Lukens Steel...
...Phoenix Steel...
...Jones industrial stocks account for one-third of the total value of all 1,262 common issues listed on the New York Stock Exchange. Its relatively restrained rise has mirrored investors' doubts about the profit prospects of some of the D.J. giants in currently or recently troubled fields: steel (U.S. and Bethlehem Steel), autos (General Motors and Chrysler), oils (Texaco, Standard of California and Jersey Standard), chemicals (Du Pont, Union Carbide and Allied Chemical) and, of course, A.T. & T., the world's largest corporation. Because all the Dow industrials have large numbers of shares outstanding, it takes substantial...
Though sales were up in many cases, declines spread across a dozen major industries. B. F. Goodrich, crippled by a strike, had one of the worst reports; higher wages plus promotional fares burdened some of the airlines. Setbacks were common in rubber, steel, chemical, building materials, aluminum, railroads, and even electronics...