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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Jul 13, 1965
Page
4
New York stocks edged lower with the Dow Jones average dropping 1.53 to 877.96. The broader market showed more winners than losers in a dull session as volume slipped to 3.71 million shares and new highs remained scarce.
Comprehensive NASD sourced figures list bid and ask prices for numerous securities and investment funds trading on the New York Exchange and over the counter. The report notes interdealer quotations, market breadth, and price ranges across banks, insurers, utilities, and industrials with specific figures for items like Aberdeen Advise Fund Abbott, AmEx, Am Mutual, energy majors, and various mutual funds.
US stock and bond listings include Allied Chemical AmF AmT&T Armour and US Steel with varied bids and yields. The report notes closing prices, percent changes, and final totals amid ongoing market activity on Wall Street with figures for many corporations and bonds.
Trading was mixed with higher Treasury prices, weakness in wheat and corn, and soybeans down in new crop months. Cotton futures closed unchanged as dealers awaited cotton legislation. production forecasts show progress though some Southeast regions lag.
Dividends appear on the refining ledger with Mellon National Bank and Trust showing .70 on 8 15 and 8 168 on 9 7. Regular actions record corporate funds and bank listings including Minir Hunt Funds and Moore Handk National City Bank with related entries.
Market brief from Fort Worth notes 4,500 head Monday with demand active. No.1 and mixed grades sold at 24.50 to 25.50, with highs to 28.57 for prime steer and spring lambs 25.00 to 28.00. Cattle, hogs, and sheep shows varied results with steady to firm trends, calvers and feeders listed, top hogs around 23.80, lambs 23.50 to 28.00, and stock cows 17 to 18.75.
US Treasury bonds closed lower while corporate bonds edged up. Of 40 Treasury issues half were unchanged and half declined fractionally. Corporate bond trading fell to 8.1 million on the NYSE with 258 issues traded. 100 advanced and 84 declined.
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