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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

May 06, 1973

Page

14

Market roundup shows strong gains across stocks and bonds

Stocks and bonds rose for the week as the Dow Jones average climbed 30.98 points to 953.17 amid optimistic notes for a near term rally. Banks lifting prime rates to 7 percent caused brief declines but a late week recovery supported gains across major indices and the NASDAQ.

New York Sid Robert Stoball Reynolds Securities Martin J. Goodfriend Nixon Newton Hatton

New York Stock Exchange Shows Busy Week Close

A crowded trading week on the New York Stock Exchange ends with notable activity across sectors. Investors monitor shifts in indices and specific names as daily highs and lows appear in scattered listings and market briefs.

Cotton futures rise on New York exchange amid weather delays

New York cotton futures firmed after a week of trading with gains led by the Qctcher delivery as weather disruptions and Mississippi flooding influenced the market. Open interest rose to 1 478 400 bales while weekly volume reached 1 239 900 bales.

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