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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Jul 14, 1961
Page
5
Readable fragments show corporate activity and market movements with references to leading sectors and notable names. The text hints at trading conditions, investor mood, and price levels affecting continues market activity.
Market close shows mixed results with the Dow Jones edging lower as bonds retreat. Industrials drop 4.89 points, rails fall 1.25, utilities slip 0.21, and the overall 65 stocks average down 1.45.
A fragmentary stock report shows sharp drops in rails and corporate bonds with notable declines in Southern Pacific and other issues. The page mentions trading volatility across Treasury notes and a general wobble in the New York Stock Exchange, obscured by OCR errors.
The readable text is garbled and not conveying a clear event or names. No coherent person, organization, place, or date can be identified for a meaningful card.
The text outlines steady cotton markets and dividends paid or anticipated, including stock dividends and accretional values. It mentions corporate reorganizations under bankruptcy, securities assumptions, and warrants, with a brief note on a film project involving Metl-Leivyn Douglas in Alicante and presumptive shifts to television roles.
Market notes show steer and heifer prices steady with calves and feeders active. Slaughter lambs and springers sold firm, hogs and pigs mixed with demand varying across regions. wool and butter futures quoted with mixed signals.
New York stocks fell sharply amid waning trading and renewed fears from international tensions. The Dow dropped 4.88 to 845. The AP average slid 1.50 to 244.40 with industries, rails, and utilities all down as $2.2 billion in value vanished from NYSE quotes. volume surged to 2.67 million shares.
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