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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Apr 15, 1966
Page
23
New York markets show mixed Dow Jones closes with utilities and industrials fluctuating. The report lists varied figures including high and low readings across several indices and sectors for the session.
Confusing OCR styled data shows Standard & Poor indexes with scattered numbers and month references. Several entries like Indus Ruile Stove and weekly shifts appear garbled, resembling a financial page blip rather than a clear closing summary.
A jumble of names, products, brands, places, and references fills an old newspaper page. Readable items include scattered company names, stock headings, consumer goods, and public notices interwoven with stray prices and addresses.
The Dow Jones Industrial Average gained 7.12 to 945.48 while 1,422 issues traded. Copper prices fell and United Aircraft, Pan American and Boeing led airline and industrial moves, with volume totaling 6.5 million shares and a broad mix of gainers and decliners across the tape.
Market data shows a surge pushing sales to the third highest level on record led by strong demand across sectors. Analysts cite robust consumer spending and cautious investor sentiment as contributing factors to the rally.
Trading on the New York Stock Exchange surged Thursday with heavy volume led by technology and coal issues. Buyers responded to strong earnings and dividends, lifting prices after Black Monday dip. Volume reached levels not seen since May 20 1927, marking the session as a major rebound amid renewed market optimism.
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