Market Gains Extend as Dow Climbs on Activity
New York stocks rose in livelier trading with volume at 10.05 million shares. The Dow Jones average advanced 6.39 to 906.95 as American Telephone led gains, rising to 847 1 2, with Blue chips and chemicals driving broad strength and market breadth improving.
MENTIONED IN THIS ARTICLE
New York
Newton D. Zinder
K. F. Hutton & Co
American Telephone
At&t
Dow Chemical
Union Carbide
du Pont
Allied Chemical
Hastman Kodiak
Associated Press
Eee
New York Stock Exchange Notes Mixed Trading Activity
The New York Stock Exchange list shows broad price action with Abbott Labs and Acme markets among movers. Investors monitor various equities as trading continues amid varied gains and declines across multiple sectors.
Markets At A Glance In New York And Chicago
Stocks rise in moderate trading while commodities from cotton to soybeans show mixed to higher demand. Hog prices gain 50 to 75 cents with 4 000 receipts. corn and oats show irregular action with some late buying.
MENTIONED IN THIS ARTICLE
New York
Cotton Futures Drift After Market Rebound In Crop News
New York AP reports futures for cotton No. 2 closed up 1.75 a bale as buyers reacted to favorable crop news and perceived oversold conditions. Midgrade spot cotton held at 30.67 cents per pound in the 12 leading markets while other quotes showed varied futures and related oil futures remained quiet with little sales. A line notes occasional market chatter and a final remark on sporadic births in the Milky Way.
MENTIONED IN THIS ARTICLE
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RBI Bri
Bitte
New York
Ittonseed
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