Markets Report From New York Stock and Commodities
Misc details on New York trading for stocks bonds and commodity futures including cotton and grains. Market movers and price ranges appear in brief notes across financial columns.
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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
May 19, 1966
Page
7
Misc details on New York trading for stocks bonds and commodity futures including cotton and grains. Market movers and price ranges appear in brief notes across financial columns.
New York AP reports the stock market staged its best rally in about 11 months with heavy volume. Tech and glamour issues led gains while blue chips powered broad averages higher, the Dow up 14.56 to 878.50 and the rails up 5.40 to 225.94 as traders priced in a temporary peak and profit taking.
New York stocks end with gains as industrials rise and utilities advance. Dow Jones industrials close at 878.50, up from 864.42. rails slip slightly while the broader market shows strength amid 1.12 million shares traded. Commodity futures index closes at 135.53.
New York AP market report shows higher and active trading with mixed to firmer tones across stocks bonds and commodities. Cotton futures closed higher by a dollar twenty five per bale on nearby July and October contracts as domestic consumption estimates for April activity are released.
Livestock quotes show hogs 2 to 3 vents per hundredweight up, mixed grades steady near last week. Cattle and calves in Fort Worth seen with steers mostly 24.10 to 25.60, heifers 22.70 to 25.50, cows 18.00 to 18.60, bulls 15.00 to 18.30, calves around 26.00 to 27.50, with feeder cattle and bull calves also listed. Prices vary by grade and weight across the market report.
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