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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Mar 18, 1961
Page
5
Friday closes show mixed gains and losses across indices. Industrials rise to 676.48, rails trade around 144.67 to 160.43, utilities steady at 110.40, while overall averages hover near 226.72 with small changes.
New York market report shows Standard and Poor index components across sectors with closing values. Industrials at 6788, 68.42 change. Railroads at 25 with 2.45 gain. Utilities at 50 with 32.70. S&P 500 figures appear as 64.10 64.60, with STAT 26 64.10 64.60 and 56.73 noted.
Livestock market report shows USDA prices for hogs calves and steers with mixed demand. Slaughter cattle and hog classes listed with prices around 4.50 for hogs and 13 to 17 per cwt for various steer and heifer grades. Some entries note steady or improved bids with limited volume and several sales at specific weights.
Friday closing prices on the New York Stock Exchange show market movements across key sectors with mixed gains and declines. Trading activity reflected investor reactions to economic data and corporate earnings.
Market activity shows gains across multiple commodities with buyers returning amid midweek uncertainty. The report notes higher prices for hogs and eggs while butter and other staples trade at elevated levels, reflecting cautious investor sentiment in a volatile session.
New York prompted a broad market advance as the Federal Reserve Board released data suggesting the recession may have bottomed or neared it. Heavy trading boosted industrials and utilities with gains led by the Dow Jones index and the AP average. volume surged to 5.96 million shares.
New York reports mixed cotton market activity with steady openings and cautious demand. February price data show a decline from a month earlier, while mill stocks rise on expectations of higher raw cotton prices next season.
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