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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
May 04, 1966
Page
4
Market roundup notes activity in New York stocks and bonds with mixed moves across cotton livestock grains and other commodities as traders react to evolving demand and supply signals. The report highlights notable shifts and indices while referencing key players and market sectors.
Wall Street slid with the Dow down 10.18 to 921.77 as prices and profits trigger inflation fears. GM cut its half year payout to 2.20, pressuring GM stock while Hess Oil surged on Amerada offer news, driving volume to 8.02 million shares in a broadly down market.
AP reports mixed activity with 1960s style notes on closing stock averages, key leaders, and declines in cotton futures. The piece lists various company quotes, market movers, and price shifts, including government and industrial stock activity, alongside cotton and grain futures and overall market tone.
Fort Worth livestock market reports mixed cattle and heifers priced around 24 to 40 dollars. spring lambs scarce with quotes near 23 dollars. New York futures show tops and quotes for wholesale and delivered to Chicago. overall market quotations vary with standard and feeder categories.
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