Market gains led by savings and loan stocks and motors
New York—Late strength in savings and loan holding companies and motors propelled a market rally for a second straight session. The Dow Jones industrial average rose 5.39 to 585.00 as trading remained light, with Bethlehem Steel slipping on weak earnings and payout prospects.
MENTIONED IN THIS ARTICLE
New York
Motors
Savings and Loan Holding
Senate Finance Committee
Detroit
Dow Jones
Bethlehem Steel
Investors Eye Sluggish Markets Amid Mutual Fund Listings
Across New York, traders scan a dense financial page listing mutual funds and over the counter quotes. The sheet shows fund names like Fidelity and Dreyfus with varied prices, hints at market activity, and notes unsettled demand patterns for certain shares.
At A Glance New York Stocks and Commodities Summary
New York market patchy with irregular gains and slower trading across stocks and bonds. Wheat and oats faced varied moves in Chicago trade while soybeans show mixed activity. stronger livestock futures rose up to 25 cents per hundredweight in limited sessions.
MENTIONED IN THIS ARTICLE
New York
Chicago
Cotton prices rise on export sales forecast
New York reports strong Friday trading as cotton futures advance amid government export sale plans for next season. Dealers expect restrictions to avoid competing with the 1962 crop while the Agriculture Department states sales will occur only when domestic prices exceed loan levels.
MENTIONED IN THIS ARTICLE
New York
Department of Agriculture
Dividends Clark Control Seaboard Fin
Record indicates dividends for Clark and control of Seaboard Financial. Details on standard payment rates and period recording appear omitted in the source fragment.
MENTIONED IN THIS ARTICLE
Clark
Livestock Market Report Details Slaughter Steer Demand
AP dispatch notes steady to higher slaughter steer prices with 1x2s at 18.75 to 19.95 per cwt and prime loads at 29.50. Weekly calf and veal offerings around 22,500 head. mixed grades and utility bulls quoted 18.50 to 21.50, with Helfers at 28.05 to 29.75.
MENTIONED IN THIS ARTICLE
New York
Jfno
Ile Securities
Johnson
srs,.Inc
Keystone
Bullock
Calif
Can
Fiedt
Ind
Petral
Colon Fd
Cwth Inc
Mort Grth
Mort Ins
Concord
Sit Trust
Corp la
Nat Wee
Crown
Natinves
Dela Fd
WAT Sec
Dela Inc
Balan
Diver Inc
Grwth
Dreyfus
Eng
Bator, Bal
NY Capit
Eaton Stk
NCE Sh
Elec
Ione
Ernergy
F.lf
iPravid
Unavailahiputnam
Bend Sc
Istate St Petrol
Stein RE Orth Ind
Stein
Raydock
Aceh Inc
Cont
Incorp Inc
Incomecorn Inc
Scien Groth
Val Line
Mt Resour
Val Linc Es Coam
Invest
LOS
WiWinfield
Chicago
USDA
U. S
California
Texas
Nebraska
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Ahns Man
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Kellogg
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Mn & F
Neweonstein Qtukens
Maracaibo
Farine
Aalis Artinem
CA Inc
eDon Air
Veeswe Uy
Taher Ag
Rood
Adap
Kings
Sowa
Helfers
Bond prices fall on distant maturities in light trading
In New York the bond market saw a sharp drop in distant maturity Treasuries on Friday with light activity across Government and corporate issues. Notably, the 3 4s of 1990 and 3 6s of 19% slid about 12 to 32, while corporates were mostly steady or lower as 10 of 33 issues rose and 13 declined on the NYSE.
MENTIONED IN THIS ARTICLE
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Whelan
ORR
Alcoua
Amt&t
Pncvig
Sinclair Eva S&h
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Evalyszq
Ex Corp
S&l
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New York
Treasury
New York Stock Exchange
Atchison
Lehigh Valley
Southern Pacific
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Dow-Jones
UPI
Dow- Jones
New York Stock List
Fridar'a
Newark Stock Exchange
Abbott
Adams Millis
Mt Admiral
Aeroquip
Othe Air Control
BS Air
Sikile Air
AJ Indust
Alco
Dleg & Pt
Wily Dies
Allied Th Lay
Allied Kid
Allied Millx
Am Sudar
AMP Inc
Amsted
Investing Companie
Deh
Rauscher, Pierce ‘and. Co. Inc
Tda
Arvin Ind
Pachlow
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Rabcock
Toker
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Copeland
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Steel
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American Stock Exchange
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London
British
House of Commons
House of Representatives
New Orleans
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Associated Press
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Alveston
Houston
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Eam OF
Tampax New
Roe
Colling & Ask
Allied Chem
Bryant
Watson Oe
Chica
Elen
Bligen Ati
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