Week's First Rally Staged By Market In New York
On Thursday Wall Street rose after Britain raised its bank rate to 7 percent and traders eyed a potential Fed discount rate change. The Dow gained about 6.40 points as 5.95 million shares traded, with gains spread across glamor issues and airlines amid mixed industry signals. The Associated Press index and NYSE metrics showed broad activity, while the day closed with the market holding steady despite higher global money conditions.
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Pope Paul VI to summer at Castel Gandolfo this year
Vatican announces Pope Paul VI will depart Vatican City this Saturday for the papal summer residence at Castel Gandolfo in the Roman hills. He is expected to return by mid September.
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Livestock Market Report From Chicago and Fort Worth
Chicago and Fort Worth livestock markets show mixed demand and varied quotes. Cattle and hogs posted uneven prices with top grades selling slowly while savers noted strong support for select choices. wool futures and spot tops edged lower in New York.
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