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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Oct 20, 1961
Page
11
A volatile New York trading session saw some utilities and blue chips rise while aircraft stocks and growth shares fell sharply. The Dow Jones ended mixed with small gains in industrials and utilities, but losses in rails and mixed readings across the market.
New York AP shows mixed gains among bonds and equities as trading broadens. Industrials balance gains and losses while Pacific Gas & Electric and Public Service 3s rise modestly, with Southwest Bell and America Telephone 2s inching higher. Trading volume nears six million par value.
Markets show current crop months down as much as 55 cents per bale amid early liquidation and hedging. Spot buying and short covering provide a partial recovery, with government loan expectations for the 1982 crop influencing new crop buying.
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