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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Sep 26, 1971

Page

6

Week’s Market Roundup Shows Stocks Drift As Investors Await Policy Clarity

A broad week of trading ended with mixed results as the Dow Jones and Nasdaq drifted while RCA shares rose slightly on strong turnover. Analysts cited cautious positioning ahead of Phase 2 plans from the Nixon administration, with muted activity Monday and Tuesday due to a Jewish holiday.institutional traders emphasized the market’s reliance on new policy guidance, and the week closed with uneven performance across sectors and numerous issues hovering near session lows.

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Slaton Barbecue Draws Near Eight Hundred Expected

Slaton plans its 4th annual Farmer Merchant Barbecue with about 800 attendees anticipated for Tuesday night. The event gathers local farmers merchants and residents in Slaton to share meals and community ties.

Cotton futures rise sharply on week of trading activity

New York cotton futures closed higher with nearby December futures breaking resistance at 31.90 cents per pound. Weekly gains ranged from 0.35 to 1.19 points amid weather reports and strong demand following smaller October delivery notices. Exports for the period ended last Tuesday reached about 16,000 bales with a year earlier figure near 19,000.

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