New York Stock Exchange Prices and Trading Note
A dense OCR style excerpt shows traders and official notes on midday prices at the New York Stock Exchange. It references commodity costs, government farm policy impacts on storage surpluses, and anticipated crop yields including wheat, corn, and soybeans with remarks by Walter M. Myers of Commodity Services.
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Walter M. ‘Myers
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Bumper crops seen cut food prices in 1972
A San Diego AP report notes bumper crops and lower grain yields may push feed and agricultural prices down by about 15 percent next year to pre-1972 levels, according to an agribusiness commodity analyst.
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San Diego
Aden
Stock market dips as Morgan raises prime rate
New York stocks fall amid renewed rate worries as Morgan Guaranty raises its prime rate by a half point. Dow drops to 879.76 while NYSE activity climbs. GM sticks to quarterly dividend lower than expected. Steel shares slide with Republic, US Steel and Armco posting declines.
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NEW York Stock Exchange
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