The specter of last October’s stock market...

The specter of last October’s stock market crash continues to cast a shadow over stock-trading volume, according to Irving Katz, director of research for Thomas Green/San Diego Securities.

Although there were significant moves in the major averages during the past two days, most San Diego stocks seemed to be drifting with minor fractional changes, according to Katz.

There were some good upward moves in stocks making new 1988 highs, as Cubic gained $2.25, closing at $16.625, and WD-40 made a new high of $33.25. WD-40 moved up on good earnings prospects and an increased dividend but there was no explanation for Cubic’s increase, Katz said.

Price Co. was a good gainer, up $1.75, closing near its year’s high of $40.50.

A surprise announcement was the investment in Fuqua Industries by Triton Group, which is controlled by La Jolla-based Intermark. Triton, which acquired 521,600 shares of Fuqua common, is negotiating to purchase part of the about 1.5 million shares owned by J. B. Fuqua and his family.

Intermark previously purchased Pier 1 in 1983 and Triton in 1986 from Fuqua.

There should be more news on the earnings front in the next few weeks as many San Diego companies release earnings for the quarter ended Sept. 30, Katz said.