Stock Market Stays Steady as Trade Rebounds
New York markets reversed a midday slide to gain slightly as the Dow rose to 950.65 and the NYSE index edged higher. Volume totaled 11.66 million shares with 678 advances to 471 declines. new highs for the year reached 54. Financials showed limited gains among active issues including Kayser-Roth Occidental Petroleum and Bristol-Myers amid cautious investor sentiment.
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Fort Worth Livestock Market Report Summary
Fort Worth market notes show moderate activity with most cattle supply steady. Slaughter cows and bulls available. feeder cattle and calves in good demand but limited numbers push some prices higher. Hogs steady with utilities and sows trading around established ranges.
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Cotton futures drift as growers lean into government loan
In New York, cotton futures closed steady with limited activity as growers react to 1963 loan programs. Dealers report some farmers joining the lean program for better returns while others hold back. Week to Nov 3 saw 60,378 bales placed in lean, up from the prior week, with prices narrowing and spot quotes showing modest movement.
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