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Newspaper
Monroe Morning World
Location
Monroe, Louisiana, United States of America
Date
Jun 27, 1964
Page
6
Markets and A column from the Monroe Morning World dated Saturday June 27, 1961 presents brief economic items and market notes. The page highlights local business activity and quoted prices, with concise summaries of trades and notable shifts in prices.
Market table shows bond and stock listings with prices and percentages across names like Arc Tad Ole Land & Ex Molybdenum and related firms. The fragment includes rates, percentages, and ticker-like entries, indicating a midday quote page with varying equities and commodities.
Livestock prices surged as a 6,000 head supply met strong demand. Hog prices rose with heavy weights leading gains, mixed trades at 18 to 18.50 and 16.75 to 18.25 for various grades. Weekly run 30,500 head, slaughter and heifers steady. Prime steers up to 25, high choice heifers to 22.75, lambs 22 to 25. Bulls not reported.
New York traders closed with mixed Dow Jones averages as industrials, rails, and utilities posted gains while the overall tape showed modest advances. Bond figures and futures indexes reflected small changes across sectors, with commodities futures at 136.96, rounding out a cautious session.
AP reports cotton futures closed steady to 45 cents lower on July, with nearby contracts down amid liquidation. Middling spot in New Orleans averaged 33.19 cents per pound, while spot market sales totaled 29,834 with prices steady to mixed across grades.
The market rose with the Dow Jones Industrial Average closing at 830.99, up 2.5. Total session volume reached 4.4 million shares as steel issues led gains in the afternoon. Auto shares advanced with GM, Ford, Chrysler, and American Motors posting gains while several tech and industrials showed mixed results.
AP reports potato price ranges in Chicago markets with California long white at 6.35 to 6.40 per unit and California round red at 5.50, reflecting regional price spread for in state and out of state buyers.
New York stocks surged to record highs on Friday with major averages hitting new peaks on modest volume. Industrials led with 3.51 points to 830.99, American Telephone climbed to a 1964 high, and steel issues like Lukens rose sharply while Western Airlines and Reynolds showed mixed moves.
Chicago grain market reacts to weather outlook with active buying across corn oats rye soybeans and declines for wheat. Prospective harvests perceived to peak for hard and soft wheat while hedging grows as prices stay high for new crop months.
AT A GLANCE NEW YORK AP MARKETS AT A GLANCE Stocks higher with trading slack. Bonds irregular treasury firm. Cotton irregularly lower quiet trading. CHICAGO wheat weak general liquidation. Corn firm scattered short covering. Oats up with corn. Soybeans higher active demand. Hogs 50 to 75 cents higher top 18.50. Slaughter steers steady top 25.
New York stock sales figures show approximately 4.46 million on Friday, 5.05 million the previous day, and 4.04 million a week ago. The year-to-date totals reach 630,097,748 for this year, 557,372,553 for 1963, and 491,900,969 for 1962, with two years ago at 4,720,760 and a past month figure noted as closed.
AP reports the fifteen most active stocks with sales figures, closing prices and net changes. Notable movers include AT&T, Control Data, Eversharp, Ampex, Chrysler, U S Steel, Am Photo, and Westinghouse, with varying trade volumes and price shifts.
Moscow protested Western plans to hold West German presidential elections in West Berlin. Soviet notes to the United States Britain and France warned that such elections violated World War II Berlin agreements and threatened consequences if Washington acted against Moscow.
An advertisement promotes Moroline as a superior first aid dressing claimed to be hospital quality. It asserts relief from pain and itching of minor burns chafing and skin injuries and touts a 1000 use supply with price points of 27 cents offering more than twice the quantity for less per unit when compared.
Pennsylvania Governor William Scranton plans a private Lansing meeting with Michigan's 48 vote delegation to explain why he should be the GOP nominee. He disputes Goldwater and Johnson, promotes automation harnessing and job retraining, and headlines a CBS network appearance June 28 to push his bid from Scranton of Pennsylvania.
Notes delivered to the Big Three Western embassies and published in Izvestia aligned with a Berlin policy declaration by the United States Britain and France. The Allies rejected the Kremlin claim that West Berlin elections were illegal while a Bonn spokesman said federal elections are legal there.
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