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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Sep 03, 1965
Page
5
NEW YORK AP reports stocks higher amid active trading while bonds show narrow changes. Chicago grain is mostly weak with cashing profits. soybeans lead liquidation. Hog prices fall 25 to 50 cents to a top of 25 40. cattle slaughter steers steady with a top of 26.
Fragmentary text referencing SEW SER Invest Group and Bur of Securities with scattered figures and terms. No coherent facts or readable events emerge suitable for a proper summary.
The Dow Jones average closed with gains led by strong industrials while rails and utilities posted smaller advances. Major indices showed uneven movement with declines in some transport and tech shares, narrowing after midday volatility.
In New York, U S Treasury bond prices eased with 12 of 40 issues down, 3 up, and the rest steady. Bond volume on the New York Stock Exchange reached par value of 15.27 million for the day.
The stock market led by steel shares rose sharply with Johnson’s direct involvement in steel talks boosting confidence. Industrials oils electronics and autos advanced as volume topped 6.4 million shares while the Dow gained 6.80 to 900.40, Great Western Financial traded heavily and total issues rose 767 to 581, with 63 new highs and 7 new lows for the year.
Local market notes show prices and dates for various goods amid questions about accuracy. Shoppers seek clarity as figures appear inconsistent across vendors and listings.
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