Markets Rise On Kennedy Defenses Boost New York Trading
Wall Street extended gains after Kennedy signaled swift defense spending and anti recession steps. Industrials and top quality bonds led the jump, while gold shares fell on dollar defense. The AP index hit a new high as investors poured into equities amid large volume.
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Cotton and Markets Feature Odd Mix of Data and Notes
Fresh market glimpses show cotton prices up and stocks mixed in New York trading. Reports from the South note stronger spot demand and expectations for January parity, while various indexes and sectors display shifting directions across commodities and equities.
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New York
Soviet Interest Grows In American Composer Piston Works
Moscow radio reports strong attention to Walter Piston works among Soviet listeners. The broadcasts praise the Viola Concerto with orchestral accompaniment and note growing interest in his music in the USSR.
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