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Charleston Gazette in Charleston, West Virginia

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Charleston Gazette

Location

Charleston, West Virginia, United States of America

Date

Jun 10, 1961

Page

5

Corn, Wheat, Soybeans Slip on Weak Dividends Signals

American markets show light activity in futures as harvest delays restrain winter wheat and overall demand. hedge selling fades then late selling pushes prices down. Soybeans fall 5 to 5.5 cents on July and rise on new crop months. July soybeans at 2.78 7/7, wheat down to 1.87 1/87, oats down 1 to 1.5 percent, rye steady.

David & Ulysses Holtenm Bellevue &Ddn Ramsey Tot National Cemetery Development Co Arthur G Hodges Sarah Dawley National Cemetery Poca Dist Calvin C. Flowers Wift Gladys MM Bailey Tots Block Upper Glen Elk Adda Sarah Dawley Ta Hatonal Cemetery Development Co Boca Dist Donald J Taylor Lonnie T. Lavender Lewis Ray Hundity Malden Oscar J. Corbin Sr C.J & Gabenart Benedict Ruses Alvin T. Burns Benedict Park St. Albans Kanawha Brooks F atAcCane Uranawha Eugene F. Imorogno Ubi Smith and Wie Hollywood Manor Adda Union Dist George Ashworth Joe Thomas Milch Blang Wite Charleston Opal E. Crist Duniar Penasty Det Gibson Elk Gay Union Carbide Corp Don S Washington Treasury Robert F Lipford Irene F_ King Francis Brooklyn Bass Cedar Grave Tek Hansel Edward Parsons Prenter Ras Alee Sah

Federal Bond Prices Jump On Friday Close

New York government bond prices spurted near the session end on Friday. Markets ended the week higher with gains driven by buying pressure and liquidity in the late trading period.

New York

Market Irregular at End Trade Slowest in Months

New York stock activity ended irregular after a cautious week as fears over Laos and a potential Asian crisis tempered gains. The Dow fell .79 to 700.90, volume 3.52 million, with 523 advancers and 481 decliners among 1,246 issues. AMERICAN VISCOSE jumped on plans to mass produce Avicel, while United Fruit rose modestly and Raytheon suffered profit taking.

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Recession Behind Us Says Hodges

Secretary of Commerce Luther Hodges said the recession is behind us but warned that employment recovery will lag. He spoke to the Manufacturing Chemists Association urging increased investment in education health and resources and supported Kennedy tax credits to spur plant and equipment investment.

Luther H. Hodges Manufacturing Chemists Asst United States Hodges Kennedy

Wall Street views stock hesitation seen as normal

Wall Street held an upward trend with caution amid international concerns. A. M. Kidder & Co. cites seasonal factors and possible future selling, noting a dip in steel production and price cuts in copper and steel while remaining optimistic about the year's overall outlook.

A. M. Kidder & Co Kidder the Steels

Also Mentioned on This Page

Charleston Gazette New York K Stock Exchange Ind. Ralls Bond Asociated Press Ae Ind. Fon Yds Ralls Ie EW York Vatual Funds American Exchange N.Y Vy Ai West Virginia Jiniz Fesermeie Virginia Hat i En Aan Gehuibe N. Y West Martin Gilbert van Alstyne, Noel & Co B. K. Thurlow Winslow, Cohn & Stetson Mr. K Shome USDA Hotel Man Charlotte Amalie V. T Henry J. Kimmelman The American Hotel Assn Virgin Islands New Commerce Department Charleston Printing CO Earl Will Charles Bao JI Burne
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