Wall Street: Winners & Losers

The stocks that U.S. investors hear and read most about are often not the biggest gainers. The value of shares on the New York Stock Exchange rose by $46 billion in 1964, as 853 stocks advanced and only 287 retreated. Of the ten fastest-rising issues on the exchange, four turned out to be railroad stocks. The winners and their gains, as reported last week by the Wall Street firm of Hornblower & Weeks:

Up Boston & Maine R.R. 200% Comsat 166% King’s Department Stores 155% Sunshine Mining 139% Fluor Corp. 133% Erie-Lackawanna R.R. 130% Chicago & North Western R.R. 127% Evans Products 121% Chicago Great Western R.R. 119% I-T-E Circuit Breaker 117%

On the other hand, some of the sharpest risers of previous years were among the ten biggest losers last year:

Down

Fifth Avenue Coach 63% Alside, Inc. 57% Dymo Industries 54% High Voltage Engineering 51% Berman Leasing 49% American Photocopy 46% Helene Curtis 45% American Crystal Sugar 42% Technical Materiel 41% Wesco Financial 40%