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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Sep 06, 1963
Page
7
Market summary noting activity in New York stocks and bonds with mention of cotton, livestock, and grains. Reference to a stock list and market listings for commodities and financial instruments. No specific company names or figures provided in the readable text.
The Dow Jones Industrial Average hits a record high around 737.98, led by Motors, steels, and chemicals as blue chips push major indices above December 1961 peaks. Standard & Poor's and the Associated Press stocks average also reach new highs while activity spans rails, bonds, and commodities.
U S Treasury bond prices fell sharply amid new debt financing plans while corporate bonds showed mixed results. Investors watched New York stocks with gains in some divisions and declines in others as market activity reflected broad uncertainty.
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