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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Sep 26, 1964

Page

4

Markets Rally Despite GM Strike News On Friday

New York stocks rose toward historic highs as trading stayed heavy after news of a General Motors strike. GM dipped briefly to 99., then rebounded to near 100 as Ford Chrysler and American Motors posted fractional gains and investors anticipated a short strike with UAW allowing continued plant work.

New York Geners Motors Wall Street United Auto Workers Ford Chrysler American Motors Studebaker

Bonds Steady As Markets Weigh Treasuries And Corporates

Treasury bond prices held steady and corporate bonds showed mixed results with 39 issues trading. Of these 39, 120 were unchanged, 2 down slightly and 9 up fractions. Volume was light. On the corporate side trading was indecisive but firmer for high grade issues. NYSE par value traded was $11.01 million.

NEW York USS Treasury New York Stock Exchange

Market News and Prices Roundup From New York and Chicago

The report covers AP wire market activity with bonds, stocks, and commodities. It notes higher treasuries, mixed stock activity, and a wholesale price index rise with details on Royal McB, Chrysler, Xerox, Reading Co, and other issues. Also included are butter and eggs prices, cotton futures, and potato market conditions.

Spotlight Stocks New York Ratner TexGulf Sul Royal Chrysler Eeenese Lionel Corp Allah Mong Xerox Corp Reading Co Associated Press

Also Mentioned on This Page

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