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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Aug 01, 1963
Page
5
New York stock market faced a setback as profit taking and weakness cooled a three day advance. Analysts called it a summer rally or a technical rebound with no new catalyst while concerns about China Korea and a June factory orders drop weighed on sentiment.
New York investors watched Dow Jones averages show mixed moves with notable activity in industrials and utilities. The report cites bid and ask levels for several stocks and notes several sectors remaining unchanged as prices fluctuate.
Readable portions show a dense list of stock symbols and prices with numerous company names such as Goodyear, Coca Cola, General Electric, IBM, and Union Carbide. The document reflects a broad snapshot of trading activity with last prices, highs and lows across many firms, traders, and sectors.
New York markets show steady to firm bonds with scattered activity in stocks led by large indices. Treasury notes and bonds edge higher while cotton futures jump on limited volume and hedging trades. local grain and commodities details vary.
Fragmentary OCR text references dividends and various company names including Allied Kid Bigelow Lone Tang and Am Tobacco Borden Tawkee Cook LeVar Crampt Deere & Co Fultratl Co JInterst Met Fi Lane Newmont Pabst Brew Pack Cheam Sys A&R R-98-20 Seb Db un B Pap.
Market summary shows cattle prices uneven with slight declines for some classes and gains for heifers and bulls. Lambs steady around 18.50 to 17. ten, with feeder calves and sheep features noted. Fort Worth reports cattle and hog figures for dealers and buyers, reflecting a varied demand alongside lighter trade.
The over-the-counter bid quotations from Rauscher Perce Co and others are described as guides rather than actual trades. The list includes entities such as National Bank of Colorado Interstate Gas Pioneer Natural Gas American Cry Boone Publishing Western Fire Indemnity and Rancher Exploration.
U S government bonds closed mostly unchanged while corporates rose irregularly. Treasury was inactive most of the day with about a dozen issues down 1 32 to 4 32, most losses limited to 2 32. Corporate volume on the NYSE was 4.97 million. Gainers included Boston and Maine Railroad 6s, Trans World Airlines Ghos 4s, and Consolidated Edison 44 1/2s. Losers included Minneapolis Honeywell 3 1/2s, Pacific Gas and Electric dos, and Chicago Great Western Railroad dss 1 1/2s.
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