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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 13, 1973

Page

15

Market Wanes on Inflation,Nixon Scandal and Oil Fears

New York stocks, bonds, and commodities sag as Wall Street weighs inflation, Watergate disclosures, Mideast oil tensions, and a Fed rate rise. Dow Jones shed 25.19 points for the week, closing around 927.98 amid declines on Wednesday through Friday and a sharp rate hike to 6 percent.

Deborah M NEW York Wallie Federal Reserve Robert Stovall Reynolds Securities Dow Mideast Lebanon Nixon Administration Wall Street Charles Lewis Winkler, Cantor & Pomboy John Mitchell Maurice Stans

Cotton futures rise as weekly range holds firm

Prices on the New York Cotton Exchange edged higher after a week of trading in a 465 point range. May delivery closed at 51.95 cents, July 1973 through May 1974 contracts hit new highs, with open interest rising and weekly volume around 1.2 million bales.

New York New York Stock Exchange Alaska Alberto Cansour Aloor Cansour Tilgin Santa Ee Rivens Pilon BN Belaccas Norrie Saat Chmckon Bae Bmw Mt Corp Grsbah Ls IV Corp Olincorp Ag AMP Inc Apex Orang Seagree Nistar SealaPor Searle Sethie Mette Mesa Cnet Hewrent Millan Aptian Nese Hue MAPCO Maraiin Marter Pamida Ine Panam Air Sierra Pe Gesell Bn Aston Bisi Ceri Ieee Hughes Skyline Arn Hk Ainoa Si Smuthanne Smuthint Salle Crash Tone Smunint Ana Ted PR Fan Fedep Henle Park Prsan JM Smith Matsuktte Gratin Yates Mats Nthe Penni Renal Pig Irene Majertis Pennzoil Hippw Eit Mayer Ereinal Ian Pattee GiGae Bishe Peace Petrol Iria Fett Arista Angmat Erin Tana Babar Ceuta Benet Badin Ty Miceli Wise Cay Heston Werden Hermeny Gee i Cordure Comets Crane New York Cotton Exchange

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