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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jun 13, 1969
Page
8
A late afternoon update from the New York Stock Exchange highlights notable price movements and sector shifts. Investors reassessed gains in technology and industrials amid a volatile trading session.
The market ended a five-session slide with a technical rally after the bank prime rate hike. By 1 30 p m the Dow Jones industrial average rose 3 43 to 896 01 as the day progressed with gains and losses seen in Standard Oil (Ohio) Gillette Natomas Coca Cola and others.
Decatur market notes show cotton middling at 21.26 and cottonseed at 40 million dollars total value with 3.20 per hundred weight. Grains include soybeans 2.33, white shelled corn 1.55, oats 0.60, milling wheat 1.30, corn per hundred 1.90, barley 0.90, and yellow shelled corn 1.20.
NASD quotations show representative inter dealer prices around 10 a.m. The inter dealer market moves through the day. Prices exclude retail markup markdown and commissions.
The Dow Jones industrials gain 4.78 to 897.36 at noon, while the Associated Press 60-stock average rises to 319.3 as rails and utilities improve and trading picks up. Big blocks show institutional buying with Reynolds Tobacco and Loew's Theatres among active names.
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