Market Averages Steady as Mixed Newsweighs on Stocks
The Associated Press average held at 242.30 as industrials slipped 0.10, rails fell and utilities rose 0.10. Volume reached 2.36 million shares, with DuPont and American Smelting trims keeping losses modest amid news on Ford Mercury space capsule and Atlantic sinking reports.
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Associated Press
York
Dow Jones Averages Close Mixed as Rails Lead Gains
New York UPI reports closing ranges for the Dow Jones averages with rails leading gains. Industrials slide while rails rise. utilities and stocks show small gains, reflecting mixed market activity.
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Grains Dip As Markets Slacken After Expiration
Grain market turned downward on Friday with light trading after contract expiration. Rainy conditions weighed on corn and soybeans while a Quaker Oats survey and light hedge selling influenced values. Wheat, corn, oats, rye and soybeans posted lower quotes as dealers avoided new commitments over the weekend.
MENTIONED IN THIS ARTICLE
Quaker Oats Co
Bond prices rise on week as Treasuries gain
Bond prices rose for both corporates and government issues in a week ending Friday. Treasuries led gains, while corporate notes posted smaller but steady improvements, aided by continued strength in the rail sector.
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