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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Oct 05, 1969
Page
14
A brisk, data packed weekly market note reports The Dow Jones style indices slip while the Standard Poor’s stack falls. Trading volume eases as investors weigh earnings and economic signals with mixed results across stocks bonds and commodities.
New York cotton futures climbed as traders covered shorts ahead of week’s end. Prices gained despite exports tumbling from prior levels as hopes for improved weather and crop prospects fueled buying while selling remained focused on profit taking and market strength.
AUSTIN FAP Wildcat reported 18 gas and 19 oil discoveries last week, raising the year totals to 4,838 oil and 1,813 gas wells. In the comparable period last year 4,968 oil and 1,759 gas wells were completed. Four discoveries were in the San Antonio District 2 with others in the Lubbock Kilgore Midland and Kilgore No 1 areas.
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