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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Mar 12, 1971
Page
5
In New York the stock market was barely changed after Chase Manhattan Bank cut its prime rate to 5 percent while other banks trimmed by about one percentage point. The Dow Jones 30 Industrials rose to 899.4, led by modest gains in utilities and various industrial stocks amid light trading volume on Thursday May 15.
Markets at a glance show heavy trading and dull sessions with signs of liquidation. Stocks moved with scarce buyers as investors weighed prospects amid uncertain conditions.
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