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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Oct 29, 1965
Page
5
Complete Markets notes New York Stocks and Bonds with mixed quotes. Mack Trucks shows gains and Macy entities post modest rises. Lykes and Lytton figures listed with minor changes. The snippet covers cottons, grains, livestock, and financials in a compressed, OCR-derived record.
The New York stock market fell modestly on Thursday with 72 million shares traded. Blue chips weakened as AT&T faced an FCC probe into interstate rates and state regulators prepared to curb its intrastate services, while Chrysler boosted its dividend and reported strong nine month earnings. The Dow ended down 0.39 at 959.11 after fluctuating throughout the session.
A cluttered New York Stock List shows mixed moves as numerous funds and investment companies move in thin volume. Stocks from Stern Roe Funds, Texas Fund, Keystone Funds and Value Line funds appear with varied prices and notable activity across utilities, financials, and industry groups.
US Treasury and corporate bonds edged lower in New York trading. Of 40 Treasuries, 21 declined between 1 32 and 8 32. most moves were 1 32 or 2 32. Remaining issues held steady in light activity.
New York reports cotton futures closing unchanged with no actual trades as traders await fresh incentives. Spot cotton market steady with dealers noting quiet activity and general firmness across the session.
Livestock market reports show hogs and cattle trading with mixed receipts and generally steady prices. Cattle at Fort Worth with 3,100 head noted. steers and heifers mostly at auction with utility and good grades yielding 13.50 to 26.10 in places, lambs and sheep also steady.
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