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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Jan 05, 1972

Page

5

Stocks Recover as Dow Edges Higher to 892.23

The Dow Jones industrial average rises 2.93 points to 892.23 after an early decline as analysts cite profit taking and a shift after Thanksgiving as the market tests near 900. Banks lower prime rates from 5.0 to 4.75 percent, signaling a trend toward easing credit. Volume shows broad participation with gains in industrials and many blue chips while commodity and bond movements reflect cautious optimism.

Mdi Gordon Bache Co. Uis

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