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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Dec 21, 1965
Page
6
A compact listing notes New York markets with daily moves in stocks bonds cotton livestock grains and other commodities. The brief highlights price trends and notable shifts across major sectors for investors and traders.
The New York stock market slumped on Monday amid Viet Nam uncertainty, tax and interest-rate fears. The Dow fell 5.63 to 952.22, with the utilities sector at a yearly low and the AP average down 2.1 to 354.1 as investors faced heightened doubt about 1968 prospects and potential rate hikes.
Investors in New York watched a cautious session on the stock exchange with numerous listings showing modest gains and declines. Major names across sectors such as Amex, Dow components, and financial firms posted varied results as traders weighed earnings signals and macro cues.
New York stocks edged lower with fair activity and lingering gains in select issues. The market showed mixed tones across commodities and bonds as the Associated Press survey tracked closing prices, average moves, and wholesale indexes amid a quiet session.
U S Treasury bond prices rose sharply while corporate bonds fell on light trading. All 40 Treasury issues advanced, some longer maturities by 20 to 32 points. NYSE trading totaled 412.85 million par value with 85 issues up, 123 down, and the rest unchanged.
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