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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
May 27, 1967
Page
3
New York AP reports the Dow Jones closes at 27 815.22 with mixed moves across sectors. Industrials and rails show small gains while utilities edge up and bonds hold steady amid overall activity in the commodity futures index rising 0.33.
Investors held back as market trends showed uncertainty leading to a light trading session. Volume reached 7.82 million shares, the smallest since April 12, with the Dow slipping 0.39 to 870.92. Chicago and North Western Railway rose on news of Essex Wire acquisition while Essex Wire slid despite high volume.
The Associated Press average of 60 stocks fell for the third straight week, closing Friday at 325.7, down from 324.7. The Dow Jones industrial average slipped to 870.32 from 874.55 a week earlier.
A hair ribbon fell into a Napier pool in New Zealand and led to the death of a dolphin. The incident also involved two plastic bags a handkerchief and two elastic garters found near the ribbon.
Wallace-Murray Corp unveils a compact 18 pound turbocharger promising big gains for diesel trucks tractors and stationary plants. New products include Ravioli sealing tool Krimp Kut Sealer by Mary Viviano Annunci Co portable propane camp stove by Bernzomatic and Remo cabinet door closers from BTG Associates as well as a Norge Borg Warner dry cleaning machine.
World tension, notably in the Middle East, pushed higher week end prices for Chicago Board of Trade futures across grains. Wheat July futures rose about 1 percent, corn 1 to 3 percent, oats 2 percent, rye around 1 percent, and soybeans gained up to 2 percent with July contracts near 2.85 dollars.
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