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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 24, 1962
Page
9
New York stock activity sank as 5.45 million shares traded and broad declines swept the market. The Dow fell 9.82 to 626.32, with the AP average down 3.90 to 231.80, marking a fresh yearly low as 1,295 issues traded with 1,005 decliners and 135 advancers.
Grain futures easing with a broad downturn on the Chicago Board of Trade as soybeans fail to sustain a recovery amid ongoing oil-linked liquidation. Wheat, corn and rye eased while oats held steady or slipped slightly, signaling cautious activity and limited upside potential for soybeans.
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