New York Stock Exchange declines amid tight money fears
The New York Stock Exchange suffered its third major setback in a week with about 4 billion dollars in quoted value evaporating. The AP 60-stock average fell 3.20 to 222.60 as industrial, rail, and utility sectors dropped, and utilities led losses amid President Eisenhower’s request to scrap the government bond interest ceiling.
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Building Permits Report and Los Angeles Market Drop
Fragmented notice notes building permits valued at 2743 dollars and mentions contractors and sites in Los Angeles. The Dow Jones Industrial Average fell 8.36 points to 621.62 amid a quiet day with late selling causing ticker delays and a total volume around 2.97 million shares.
Dow Jones Averages Report From Market Close
Market close shows mixed results led by the 30 industrials. Key figures include highs near 179.00 and lows around 160.00 with notable changes in the Dow components. The daily range and near-term volatility reflect a cautious investing mood.
Market indices report rise and falls in 1959 data
The Standard and Poor's index figures show trading activity with the S and P 500 ending near 3671, while industriales, railroads, and utilities sectors display mixed movement. The report notes highs and lows for the period and overall stock performance.
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New York
Standard and Poor
Grain Market Update Signals Strong Demand for Kens Seed Ahead of Board Meeting
Grain markets show rising demand with prices aimed higher as Kens seed eyes new orders ahead of a Board meeting. Amid varied crop progress and rail deliveries, traders watch for weather impacts and policy signals. Strong activity noted in oats and barley with speculative interest from several traders in late season shipments.
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