Boiling Stock Market Nears 1000 as Dow Hits Record
NEW YORK AP stock market moved upward to historic peaks on Tuesday led by motors steels aerospace and electronics. Dow Jones closed up 4.45 at 994.20 with intraday high near 1000. Record industrial production and December income supported gains amid inflation worries and Viet Nam war spending. Volume 9.82 million. 632 up, 567 down with notable moves in Sperry Rand Brunswick Admiral Boeing United Aircraft and GM.
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New York
Wall Street
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Dow
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Viet Nam
Associated Press
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Sperry
Rand
Brunswick
Isun
Anken Chemical
Admiral Corp
National Defense
Boeing
United Aircraft 54
Douglas Aircraft
General Dynamics
General Motors
American Motors
Market Summary Price Trend in Staple Commodities
The Associated Press reports the weighted wholesale price index of commodities at 177.36, up from 177.18 the previous day and 174.75 a week ago. The index shows varied movement with highs near 177.33 and lows around 166.20, reflecting an overall higher level than a month or year ago.
MENTIONED IN THIS ARTICLE
York
Stock and Bond Averages Report From AP
The Associated Press stock averages show small net changes with Rails and Utilities indices near prior levels. Bond averages list daily figures across industries, with treasuries and yields noted, reflecting Tuesday trading data and closing bid-ask spreads.
Richmond Area Prices for Grains and Hog Market Summary
Richmond area grain bids show No. 2 Red Winter wheat around 1.50 at multiple counties with various delivery points, No. 2 Yellow Shelled corn near 1.39 to 1.49, oats around 0.70, soybeans near 2.49 to 2.86, and barley bids 0.95 to 4.10. Hog market closed steady with No. 1-3 180-249 lb at 27.75 to 28.75 at Courtland, Smithfield, Suffolk and Wakefield, plus regional pockets. Virginia hive poultry markets report broilers and turkeys in limited supply with expected slaughter around 135,600 broilers and 164,200 turkeys, egg prices rising modestly across grades in Virginia.
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Page Co
pBerteth
Virginia
Courtland-Franklin
Smithfield
Suffolk
Wakefield
Harrisonburg
VDA
Rissa
West Virginia
Market Highlights Amid Industrial Stocks Rally
The AP reports uneven trading with industrials showing momentum and the broader market tracking a mixed tone. Price data shows highs and lows across key indexes, with notable movements in sectors like Standard and Poor’s components and NY stock listings.
Market cattle hogs and grain roundup from Baltimore and Chicago
AP reports cattle receipts at 500 with limited supply and hog receipts at 259 as demand stays moderate. Barrows and gilts mostly steady with some sales up to 25 cents higher. sows scarce. US figures show barrows and gilts at 33.19 per cwt with weights around 240. In Chicago cash grain, Wheat No 2 Kara 664N, No 2 red 1.704N, Corn No 7 fever 1.37 1/2, Oats 6.2 heavy white 77.77 4N, Soybeans No 1 285 4N, Soybean oil 7.
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