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Lubbock Avalanche Journal in Lubbock, Texas

28 Sep 1960

Page 3

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Sep 28, 1960

Page

3

Stocks Fall for Fourth Straight Session on Tuesday

The New York market declined for the fourth day in a row with Dow Jones dropping 2.33 to 574.81 and the AP 60-stock average down 1.30 to 205.70. Industrials and rails set new yearly lows while utilities led losses. aircraft missile stocks rose amid expectations on disarmament unlikely from the current UN session.

MENTIONED IN THIS ARTICLE

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Dow Jones Averages End Lower Across Industrial, Rail and Utility Stocks

New York prices show industrials down 233 points, rails off 1.17, utilities down 0.78, and overall stock averages lower. Bond closes listed with minor changes as traders note activity across industrials, rails and utilities.

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New York Bonds and Arkansas Dividend Notes in Distress

The document outlines bond and dividend details from New York bonds and Arkansas issued notes, noting terms on liquidation, arrears, and distribution rights. It mentions bankruptcy implications, liquidation values, and creditor rights under company defaults, with references to warrants, delivery, and certificates.

MENTIONED IN THIS ARTICLE

Trereamznd Brankruptesy Nsuw York Bonds New York Neveck Exchange Ayer Amy Ora Erie Hay West Neal T Toros Treasury YORK Treasury Notes
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At A Glance Stocks And Commodities Snapshot

New York stocks fall with confined declines and bond weakness across governments. Cotton rises on demand while Chicago wheat edges higher and corn shows mixed late selling. Soybeans narrowly mix with late selling. Hog prices steady to eight cents higher at 18.25. Cattle and slaughter steers hold steady to strong.

MENTIONED IN THIS ARTICLE

New York Chicago
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Cotton Rises Amid Rain Delays in Cotton Belt

New York AP reports cotton futures rise five cents as spot prices firm and rains across the Cotton Belt interrupt harvest. New Orleans buyers show interest in deferred months while some deliveries hit season highs.

MENTIONED IN THIS ARTICLE

New York New Orleans Ding Namsal BR Associated Press Corton
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Dividends Reported as Major Shareholder Benefit

A financial notice details corporate dividend distributions totaling 1750 dollars with a related equity transaction. The report highlights a top shareholder and ties to a unit Rrade vpierthy Mise 4h Oh 200 FU.

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Livestock Prices Tighten as Hogs and Cattle Rally Nationwide

Fort Worth Livestock markets show gains across hogs and cattle with steady to higher slaughter prices. Heavies top near 18 dollars, vealers steady, cows and calves mixed, stockers climbing, while hogs and sows post gains of up to 50 cents. Market activity reflects broader demand and limited supply across livestock categories.

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Over-Counter Stock Listings and Bank References

Fragmentary over the counter bid notes mention Guetahiers and facility references. The text lists transactions and potential buys or sells at the time, with mentions of National Bank and Comrado address fragmentary. Details are unclear and esoteric, preserving sparse named entities and places only as readable.

MENTIONED IN THIS ARTICLE

Ten Copyenk National Bank Franklin Lite Jane Blar Pooneer Hatitai
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U S Bonds Decline Third Straight Session on Mixed Trading

U S Government bond prices fell for the third consecutive session with losses around a half point. Volume was $5.61 million vs $6.47 million Monday as rails utilities and high grade issues eased, while industrials edged up and foreign bonds held steady.

MENTIONED IN THIS ARTICLE

New York U. S B&o Monon ’S Pacific Gas & Electric Philadelphia Electric
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Also Mentioned on This Page

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