Stocks End Week in Uncertain, Hesitant Action: Trading Slowest in Month
NFW YORK, July 24 (APIÛÓThe stock market ended the week traveling the same uncertain, hesitant path it followed in practically every session. Trading was the slowest in a month.</br></br>Prices milled inconclusively most of the day. Some popular averages showed small gains much of the time. In the final minutes of trading there was a brief flurry up and then back down.</br></br>Net changes of most key issues were small. The final reading on the averages disagreed. Few more stocks declined than advanced but there were far more new highs for 1964 than new lows.</br></br>President JohnsonÛªs news conference disclosure about a high speed reconnaissance plane set the market off on guessing the name ol' the manufacturer. Further details were not readily available. But even this failed to shake the aircraft group from the generally lower mood they had been in all day.</br></br>Lower were the steels, oils, aircrafts, electronics and chemicals. Motors, utilities, rails and metals were mixed while a number of drug issues gained little.