Record NYSE weekly volume hits new peak in 26 months
In early January 1973, New York Stock Exchange volume reached 33.04 million shares, lifting the week’s total to 161.67 million. The prior week’s 159.08 million marked a new high, with the daily total among the seven largest on record. Gainers outnumbered decliners as 1,173 issues traded. the NYSE composite index rose 0.62 to 52.59, while the American Exchange index jumped 1.28 to 94.17.
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New York Stock Exchange
NYSE
American Stock Exchange
Market rally extends Dow gains past New Year
NEW YORK AP The stock market closed the week with a broad advance led by the Dow Jones industrial average rising 10.47 to 53.98 as gains push the index within about 101 points of its all time closing high of 1051.70 reached last year, with trading activity showing persistent strength across many blue chip issues.
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New York
Mamie Eisenhower Still Hospitalized in Chicago News
Mamie Eisenhower remains hospitalized as reports from Chicago note continued medical care. The item lists grain quotations from Chicago market desks and Des Moines trade activity, with various prices and futures among corn soybeans and pork markets.
Investment counsel for retirees on bonds and CDs
Reader seeks prudent income from AAA bonds, one to six year bank CDs, and high grade preferreds. Practical guidance covers ratings, risk, and diversification. Includes sample bond list and caution on interest, taxes, and estate planning for a retired couple with substantial savings and a wife’s needs.
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Fitch
Moody
Standard and Poor
Sen
Oroker
Grain futures drift and lift notes in Chicago trades
Chicago Board of Trade futures closed mixed with modest losses then gains as buyers covered positions. Corn and soybeans fluctuated with corn up to 8 cents and soybeans down around 60 points. wheat rose modestly. In Des Moines cash livestock traded steady to higher amid good demand, with hogs and sows steady to higher and no. 2 feeder steers and calves quoted in a broad range. Estimated receipts 45,000, vs 33,000 Thursday.
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Des Moines
Mliwest Coe
Lghers
Hniphe
Pellics
Teal FH
STEEN
Chicago
Chicago Board of Trade
UPI
New York City Faces Widening Budget Deficit Crisis
NYC faces a growing budget shortfall as Mayor Bowne reports a deficit now at 1,014 million after a 90 million rise in two months. Gov. Carey convenes an emergency financial center board to monitor spending, while city cuts and higher welfare costs strain finances amid federal aid uncertainties and ongoing SEC investigations.
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