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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Mar 19, 1963
Page
5
The New York stock market slid modestly Monday amid weak incentives and a newspaper strike delaying key financial news. Industrials and steels led losses, while tobaccos and aerospace were mixed. Dow Jones averages opened higher but closed lower with little selling pressure.
A dense OCR style listing shows stock prices and fund names with numerous figures for many investment firms and funds. The entry highlights prices for managers funds, mutual funds, and sector names, interspersed with scattered company abbreviations and notes on market quotations.
The list records the day’s sales and net changes for numerous stocks, with entries for Abacus Abbott Acme Allied Mills Alcoa and many others. It notes high low last and percent changes, reflecting a broad spectrum of market activity and price movements across sectors.
On Monday in New York the bond market posted varied results with several corporate issues trading at mixed highs and lows. Data show prices around 100 to 106 per cent with several issues advancing while others slipped, reflecting uneven demand across sectors.
New York stocks moved lower in a calm session while government bonds held steady. Cotton eased as old-crop months showed weakness. wheat mixed with old crop months weak. corn firm and oats lower on liquidation. Livestock prices rose with steers up to 75 cents and top values around 25.50.
Cotton futures, bonds and commodities report from New York Chicago and Fort Worth describing prices, open highs and lows. Includes cotton, eggs butter and animal market figures with bids and closing results and regional notes on planting and rainfall.
U S Government bonds were largely unchanged while corporates closed narrowly mixed on the New York Stock Exchange. About a dozen Treasuries posted small declines, mainly in long maturities, with no sustained selling pressure. Corporate volume reached 4.95 million per value. of 315 issues traded, 126 declined, 95 advanced, 94 unchanged, 13 hit 1962 63 highs, and one set a new low.
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