Market Slips Lower In Busy Trade Day: Little in the News Dow Jones ...
NEW YORK, July 16ÛÓ For no readily apparent reasonÛÓbut with all sorts of background possibilities ÛÓthe stock market slid lower again today. Trading was active.</br></br>Blue chips continued to perforin better on average than the rest of the market. The Dow Jones Industrial Average held its change small through most of the session and backed off in the afternoon to close at 921.20, off 2.52 points.</br></br>Standard & Poor's 500-stock composite lost 0.56 point to 101.70 and the New York Stock Exchange index was down 0.31 point to 57.25.</br></br>Trading volume, in round numbers, was exactly the same as on Monday, Avith 13.39 million shares changing hands.</br></br>The lead of declining slocks over advances spread somewhat, with 806 Avinners and 523 losers, compared with 731 down and 614 up on Monday.. The number of new 1968 highs slipped to 93 from 126 and there were 11 new lows, up from nine.