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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 17, 1964
Page
5
New York price quotations show a broad rally as autos, steels, and rails led gains. Trading was active with multiple issues advancing, aided by encouraging economic data on auto sales, employment, personal income, and manufacturing profits.
Stocks and bonds finished near peak levels as volume climbed to 4.59 million shares, the highest since June 4. The Dow gained 4.60 to 18.16, the AP average rose 1.6 to 90.9, with 707 issues up and 351 down among 1,338 traded. Chrysler led activity on strong sales reports while government bonds held stead.
A sequence of land conveyance entries from Union District and Brookhaven areas shows multiple transfers. Names include Glyta Elliott, Gene L Swanson, Delbert Dunlap, George Comer, and Herman Lilly with adjoining parcels and development company connections.
New York trading showed higher modest gains with prices edging up. Cotton rose while grains and soybeans stayed firm to steady amid mixed signals. News from Chicago cited a wavering rally in wheat and a steady to firm trend in corn and oats, alongside unclear dairy and livestock movements. Total sales for the period are incomplete in the fragment.
Roanoke Virginia AP reports Norfolk and Western Railway coal loadings last week reached 28,444 cars, four times short of the prior week’s 28,090 and slightly under the 28,641 loaded in the same week a year earlier. Daily totals were 4,425 on Monday, 5,500 on Tuesday, 5,577 on Wednesday, 5,474 on Thursday, 4,679 on Friday, and 1,800 on Saturday.
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