Stock market slips amid summer lull and thin volume
New York stocks eddied lower as vacationing traders and light activity kept volumes near year lows. The Dow fell to 592.32 while the ARCA-AP index slid. 1,436 issues traded, 744 declined, 508 rose, 184 unchanged with 57 new lows and 10 new highs. Bond markets posted small gains on the midsummer lull.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Associated Press
U.S. Treasury
Week in livestock markets Chicago hog cattle and sheep
AP summary of US hog cattle and sheep prices with week to week comparisons. Hogs show declines for under 240 lb and 240-270 lb ranges, sows mostly steady. Cattle demand strong for heavy weights with several prime loads reported. Sheep spring slaughter lambs steady to higher with light lambs around 23 to 23.5 dollars. The report closes with a garbled New York market line.
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Chicago
USDA
U.S. Treasury Bonds
New York
Government Treasury Bonds
Los
Yoo
Republicans Press Tax Cuts Over Kennedy Economy
GOP leaders and Sen. Case urge immediate tax reductions to spur growth as AFL-CIO head Meany calls for relief. They contrast Kennedy’s recovery with Eisenhower era gains and warn against a fifth postwar recession, amid talk of public works and spending restraint.
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iSaturday
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George Meany
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Clifford P. Case
Tr-Nj
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The
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House
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Grains Hold Line On Broad Market Shifts
In Chicago the grain futures market showed wide price moves last week with wheat leading declines. Most contracts fell to season lows on liquidation while a few grains showed modest gains or small losses. corn oats rye soybeans fluctuated around week-ago levels.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Nigerian Students Hear U.S. Envoy
American Ambassador Joseph Palmer I told 77 Nigerian scholarship recipients that U S aid targets training of young Nigerians. The students will depart for the United States this weekend to pursue study opportunities under U S government programs.
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Lagos
Nigeria
United States
Joseph Palmer
U.S
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