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Independent in Long Beach, California

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Jan 06, 1960

Page

7

Stocks Up 3.8 Billion on Outlooks in Market Rally

The Dow jumped 1.4 to a record 685.47 as investors priced a booming 1960 economy. Volume reached 3.71 million shares with 664 advances, 384 declines, and rail, steel, and chemical leaders driving gains. Royal Dutch Shell led activity, while airlines fell and profits mixed across sectors.

ED Morse NEW York New York Stock Exchange Associated Press Pivotal Hrunswick-Halke Rails Standard & Poor Royal Dutch Hupp Corp Fairbanks Whitney Martin Co General Motors Brunswick-Balke Avlively American Telephone New York Central U. S Steel American Motors Chrysler American Home Products

New York stock and grain market report flash

The report covers trading on the New York Stock Exchange and Dow Jones Averages, with grain futures showing declines and some buying activity. Wheat futures slipped while cattle and soybean markets had varied results, and traders anticipated exports. Prices for corn and oats moved with March contracts quoted lower and nearby futures softening.

Stock Market Chatter and Industrial Movement Discussion

A dense market roundup reports Tuesday closing shifts in the Standard & Poor index and various sectors. It notes industrials, railroads, utilities, and automotive shares with mixed results and mentions several named corporations and figures.

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