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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Oct 05, 1963
Page
4
In the week’s heaviest trading session the market edged toward new highs yet pared gains. Volume rose to around 13 million shares as traders reassessed late-week prospects while sugar and steel shares showed mixed moves and the Dow Jones industrial average fluctuated with several blue chips edging higher.
Government bonds edged lower with modest losses, most 2 3/8 to 6 3/4 points retreat in a light session. Corporate issues traded in a brisk New York Stock Exchange market, with 111 issues up, 73 down, and nine unchanged as volume rose to 9.21 million dollars par. Leaders included Curtis Publishing and West Indiana Railroad issues while Topeka exchanges saw varied results.
A garbled OCR snippet mentions bonds, political change, leaders, and stock references. It references the Associated Press and various obscured names, with unclear dates or locations. The text lacks coherent events or verifiable entities.
Prices for cotton in New York rose slightly on trade buying and short covering. Nearby October contracts began with an issuance of an October delivery notice but later firmed, while declines in distant-month bids weighed on overall action.
The Worth market shows mixed cattle and hog activity with steers and heifers selling from about 14 to 16 per hundredweight and many calves moving at higher bids. Purchases included feeder steers and mixed lots with several lots around 800 to 900 pounds, plus hogs and sheep trading at varying levels.
scattered notes show irregular bond activity and mixed government positions. Wheat and soybeans advanced on bullish crop forecasts while metals and oils fluctuated amid reports of exports and mining sectors.
Dow Jones industrials rise on Friday with gains in utilities and bonds. Market indices show mixed movements across commodities and futures as trading closes higher on several sectors.
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