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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Apr 25, 1971
Page
5
Week overview of stocks bonds and commodities with a market smart chart by Stansbury. Commentary notes competitive shifts and overall trend as investors weigh events and data. Specific indices and prices not detailed in readable text.
New York stocks rose overall with the Dow Jones gaining 7.48 points as volume slipped to 92.09 million shares. Active issues included Southern Company, American Telephone, and Eastern Air Lines, while new highs reached 92 and lows 56 on the New York Stock Exchange.
In New York, cotton futures firmed modestly as drought in Texas supported values while profit taking capped gains. The week saw total turnover exceed 500000 bales and open interest rise, with July deliveries touching a contract high while May moves declined slightly. Exports through April 20 reached about 2.514 million bales, roughly 35 percent above last year.
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