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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

Jul 12, 1970

Page

7

Complete Roundup Of Week's Market Activities

Week markets close with gains in stocks as traders digest corporate earnings. Bonds rally amid Fed policy signals while commodities show mixed results lifting energy and metal prices. Investors focus on inflation data and global demand trends.

End of Week Market Rally Despite Skepticism

The week closed with a broad market rally after early losses as Dow Jones rose about 10.9 points for the week and the NYSE composite gained, while Amex slid slightly. Analysts cited rate expectations and hoped earnings as drivers, with Northwest Airlines among top weekly movers.

Weekly Cotton Prices Rise on New York Futures

Prices of the entire cotton futures market edged upward last week as buying surged. The New York Cotton Exchange reported a 20 point rise for No. 2 cotton on the front month with strong short covering in the spot market and new crop deliveries showing firmness despite limited impact from the official planted acres report.

Newto Zinder B. F Hutton New York New Yo. Coton Exchange C Ton L. Er New York Cat Exchange

Palm liquor ban on Hamilton Bermuda drinkers

Bermuda authorities once banned liquor made from Bermuda tree sap after reports it caused intoxication. A former island governor promised stiff penalties for anyone caught drinking it, highlighting the governmental crackdown.

Hamilton Bermuda Island

Also Mentioned on This Page

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