Stocks End Mixed in Heavier Trade: Range Narrow Most of Day
NEW YORK, Dec. 30 (AP) ÛÓ The stock markel retreated a step today in quickened trading but the next to last session of 1963 was relatively uneventful.</br></br>Much of the activity, which approached five million shares, was described as bargain hunting in the lower priced stocks. Of the 15 most active issues only two sold for more than $50 a share and 11 were priced under $35.</br></br>Market averages reflected the dayÛªs slide but were exaggerated by a technicality involving Kodak, a component of all the popular barometers.</br></br>Volume totaled 4.95 million shares, compared with 4.39 million Friday and was the most since 6.07 million on Dec. 18.</br></br>The Associated Press average of 60 stocks fell .7 at 283.9 with industrials off 1.06, rails up .7 and utilities down .4. The Dow-Jones industrial average was off 3.05 at 759.90.