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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
May 23, 1971
Page
4
Week’s market roundup covers stocks bonds and commodities with leaders and movers across major exchanges. Analysts note gains in technology shares while energy and financials show mixed results as investors react to economic data and corporate earnings.
The list shows mixed stock data from the ANG Exchange with names such as Acme Mkt, Air Prod, Allied Pd, Alcoa and others. Prices, highs, lows and percent changes appear for multiple issues, though formatting is irregular. The page reflects a dense table of stock quotes and market activity with numerous abbreviations and misreads.
The stock market faced a week of consolidation amid higher short term rates and cautious investor positioning. Major indices fell with CNA Financial leading activity while volume totaled 70.8 million shares, far below the prior week’s 79.7 million.
Prices for active cotton futures surged last week with NY Cotton Exchange contracts through July 1972 options climbing 117 to 165 points. October dipped 30 points as volume topped 13 million bales amid drought and weather concerns threatening next season supplies.
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