Stock market edges higher amid profit taking and gains
The market rose with the Dow up to 669.51 as investors bet on capital gains for 1962-63. Volume reached 4.52 million shares with 634 issues up and 414 down, while the American Stock Exchange showed gains and most contracts posted modest increases amid a light profit-taking spell. Wheat and corn futures showed small movements and some declines in limited trading.
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Hogs Steady to Mixed as Market Closes Week
Chicago buyers reported hog futures steady to 35 cents lower with several offerings averaging 220 pounds bringing top quotes near 17 dollars. Mixed 1 3 grades sold 15.75 to 16.25 for up to 220 pounds while lardier weights and mass casualty steer listings showed prices around 28 to 29 dollars. Lambs eased about 25 cents with mixed grades around 19.50 to 20 dollars.
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Indianapolis
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Hogs Develop Uneven Trend In Indianapolis Market
Hog prices varied with some 230 to 260 pound hogs rising up to 25 cents while 220 to 240 pound No. 2 and 3 types fell. Sows, steers, heifers and bulls showed mixed movement with several weight classes advancing, while lighter hogs and calves hovered around steady to lower levels in latest buyer reports.
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