Market Advances on China Atom Bomb News Boosts Stocks
New York stocks rose to the day’s peak as investors absorbed China’s first atomic test. The Dow gained 5.10 to 873.54 with 831 issues up and 280 down, as steel stocks wavered but overall activity remained brisk.
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Treasury bonds dip as stock rally lifts corporate issues
Bond market notes show Treasury prices fell while corporate bonds rose, led by convertibles tracking higher stocks. Treasury issues: 27 of 39 declined, mostly in the 2 3/8 to 4 1/2 percent range. NYSE bond volume eased to about $9.58 million par as 113 of 257 issues rose, 73 fell, 71 unchanged.
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Bond Market Snapshot with Ticker Listings and Yields
The page shows a dense list of corporate bonds stocks and notes with bid ask last price and percent yields for issuers such as American Steel Xerox Tex Corp and others. It includes U S Treasury yields state bond values and a mix of bank and company securities with weekly and monthly changes. The dense table fragment highlights varied maturities rates and percentage values across many entities.
Markets At A Glance Mixed After Quiet Trading
In New York and Chicago trading, wheat rose on demand while corn and oats showed mixed moves. Cotton held steady as futures closed higher. cattle and hog markets fluctuated with variable demand and prices across Fort Worth and Chicago.
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