Investing Companies Amartine Daily News
Investing firms reported steady activity as markets opened with cautious optimism. Analysts noted mixed earnings signals,合同 and continued volatility in regional sectors guiding near term portfolios.
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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Jun 07, 1966
Page
4
Investing firms reported steady activity as markets opened with cautious optimism. Analysts noted mixed earnings signals,合同 and continued volatility in regional sectors guiding near term portfolios.
Chicago markets show wheat futures firm with a June 1 crop report weighing on expectations. Prices for wheat and soybeans moved broadly higher on rainfall forecasts and crop conditions, while corn stayed largely steady.
The report covers cattle hog and sheep prices at major markets in Kansas City Fort Worth and Chicago with steady to rising bids for calves cows and feeder steers. Prices vary by grade with feeders and choice cuts showing strongest demand and several weight ranges noted.
Cotton stores closed 30 cents higher to 2.25 in New York trading. Decem ber 1966 and March and December 1967 deliveries seen in late dealings. Spot market quiet with mixed bid indications and little movement across open, high, and low readings.
Stocks show varied movement as the Dow and broader indexes retreat while some rail and paper issues hold. Traders note uneven demand and ongoing dividend chatter amid quarterly reports and investor caution.
Robert W. Sarnoff, RCA president and commencement speaker at Washburn University, described future communications that beam sound and images directly to homes and schools. He received an honorary doctor of fine arts. Georgia Neese Gray also received an honorary doctor of business administration as part of the event with former President Truman in attendance.
New York market notes show socks lower and Guiet trading with mixed crop data. Corn prices steady with slight activity. Moody indicates easing trade, fruitless session. Prices listed around 26.75 with light volume and weak action across sectors.
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