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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Sep 27, 1960
Page
8
New York trading sinks to its lowest level since 1958 as the AP stock average drops 2.50 to 207. A total of 3.95 million shares change hands, the heaviest since June, with industrials down 3.70 and rails down 2.00. New lows exceed 221 for the year.
The Dow Jones Industrial Average ends at 577.14 with a 2.84 point decline as utilities and rails dip while industrials show a small drop. Trading activity shows total shares moved and bond futures mixed, reflecting cautious investor sentiment in a volatile Monday session.
Fragmented text discusses over counter stocks and securities trading concepts with scattered proper nouns and place names. The source appears damaged with many illegible terms, making it difficult to extract a coherent event or identifiable entities.
Prices unchanged. cotton harvest and futures activity described with mentions of December and March timing for the season and market moves. Market notes reference a primary price around 4a and sales totals.
Government bonds eased on Monday in a subdued market as losses averaged about a point while corporate bonds surged to their strongest level in four months. Volume reached about 640 million par value at the New York Stock Exchange, aided by a holiday.
Market signs show mixed moves with gaps in New York equities as traders digest government policy hints. Wheat exports and agricultural prices push higher while some shares drift lower amid cautious sentiment. overall trading remains uneven across sectors and indices.
A scrambled report outlines dividend activity and market mentions from various entities. It notes shifts in payouts and investor sentiment, with references to regional financial actions and notable stock movements.
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