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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Mar 11, 1961
Page
5
Market figures show mixed activity with major averages hovering and sector quotes for Industrials Rails Airlines and Banks. The report lists closing levels and changes for key indices and several named stocks, indicating a cautious session across the New York market.
New York stocks were mixed on Friday with volume dipping slightly from Thursday. The tape lagged as much as five minutes behind trades while Alleghany Corp. common led volume amid a renewed fear of a proxy fight and broad declines in steel, motors, oil, tobacco, and aircraft sectors.
Wholesale price data and market mentions cover eggs, poultry, cattle, and grains. Reports reference New York futures, cash bids, and U.S. Department notes, with scattered figures and commodity names across multiple sites and markets.
The Dow Jones Industrial Average increased 0.23 to 663.56 as stocks showed firm support in late trading. The Associated Press average rose 0.06 to 238.50 with mixed moves across industrials rails and wheel industries. Breadth was broad with 554 advances and 332 declines among 968 new highs and four new lows. S&P 500 fell 0.02 to 63.48.
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