Stocks Go Down, Awaiting CPI Report
Û¢NEW YORK (AP) ÛÓ Stock prices drifted lower In quiet trading Monday as Wall Street awaited the latest government statistics on inflation.</br></br>The Dow Jones average of 30 industrial stocks lost ground for the fourth straight session, slipping 3.29 to 753.21 Since early last week the average has fallen 20.51 points, wiping out most of the gains it built up in a rally earlier in the month Losers held a moderate advantage over gainers in the over-all count of New York Exchange issues for the day. The NYSEÛªs composite index dropped .23 to 49.63.</br></br>Volume on the Big Board dropped off to an estimated 18.87 million shares from 21.29 million last Thursday, before the long Easter weekend. Nationwide turnover in NYSE-listed issues, including trades in those stocks on regional exchanges and In the over-the-counter. market, totaled 21.30 million shares.</br></br>Analysts said traders were anticipating bad news on Tuesday morning when the government Issues its monthly consumer-price index report.</br></br>G.	William Miller, the new chairman of the Federal Reserve Board, indicated last week that he would push for tighter credit if the recent acceleration in the pace of inflation continues.