Stocks Climb as Averages Rise for Sixth Straight Week
The Associated Press reports the average of 60 stocks rose for a sixth consecutive week, finishing Friday at 279.9, up from 279.6. The commodity index advanced for a third week to 159.1 from 158.5, with food posting a sizeable gain.
MENTIONED IN THIS ARTICLE
Dex
Stocks Surge to Historic Highs After Labor Day
AP reports Wall Street powerfully higher with the Dow hitting a record above 1961 peak as broad indices reach new highs. Traders weigh whether the gains consolidate or push further amid strong factory orders and steel output while labor day week closes with heavy volume and mixed leadership from Chrysler and other majors.
MENTIONED IN THIS ARTICLE
AP Business News
New York
Dow Industrials
Associated’ Press
Siice
Standard & Poor
Wall Street
Dow
Chrysler
Steels
Jion
USDA Map Plans to Destroy Corn Borer Strategy
AP reports Agriculture Department scientists work on a plan to lure the European corn borer into self destruction. The note references a Friday market blip where trades lag behind industrials, signaling broader impacts on the sector.
MENTIONED IN THIS ARTICLE
Usda Maps
Shington
Agriculture Department
Review Of Week Business Hums Along Past Labor Day Mark
The economy cleared Labor Day with strong sales and rising auto output for 1964 models. Steel production edged up with forecasts of a record year, while the stock market hit new highs. Ford and others projected 7.5 million passenger cars this year and 7 million next. The federal minimum wage rose to 1.23 per hour benefiting about 2.6 million workers. NYSE volume and bond sales also climbed for the week.
MENTIONED IN THIS ARTICLE
AP Business New Writer
New York
Lee A. Iacocca
Ford, Motor Co
General Motors
Chrysler
Labor Department
New York Stock Exchange
Treasury and Bond Market Shifts Amid Exchange Offer
U S Treasury proposes an advance refunding exchange of 1964 1967 bonds for new issues as markets react to the plan. Long term bonds slumped while the Dow Jones index rose to an all time high on favorable earnings and shifting sentiments. Trade in government securities remained volatile with sharp moves and wide spreads as dealers reassessed relative values.
MENTIONED IN THIS ARTICLE
Richard H. Hoenig
AP Business
NEW York
Treasury
U.S
U.S. Treasury
Dow Jones
Wall Street
First National City
Jong
Mali
Commerce.De-Associated
Tional Association of Furniture Operation
Dow Jones Averages Reported From Week Trading
A fragmentary 1930s stock market note reports Dow Jones averages and weekly trading activity on railroads and other issues. This readable snippet hints at market movement and includes mentions of Poor's Weekly data and railway stocks.
Grain prices report from cash corn and soybeans
The listing shows No 3 Yellow priced at 1.344.34 and No 4 Yellow at 7 1.91%4. No 5 Yellow Sha no sale. sample yellow at 1.23% no sale. Soybeans No 1 Yellow no sale at 3.4.
Livestock Market Summary from Chicago Sept Week
Chicago Livestock markets report week ending September closure with hogs and cattle price trends. Hogs steady to sharply lower with barrows and gilts around 16.25 to 16.75 for select weights, sows 14.25 to 14.75, cattle and sheep show varied declines and gains. Estimated receipts forecast 7,000 hogs 14,000 cattle 700 sheep.
MENTIONED IN THIS ARTICLE
Mt Vernon
Chicago Livestock - Cars
Chicago
Dee Aeek Seed
Aid Cou-1
Jan Suen
Crop Reports Slow Futures Bearish for Corn and Soybeans
Favorable crop reports weighed on corn and soybeans while wheat found support and posted gains on brisk export buying. Oats firmed and rye weakened as traders awaited the government wheat outlook and private crop estimates for soybean production near 740 million bushels, with doubts about the final figures. Net weekly losses stayed under two cents, as old and new crop months moved on mixed signals and seasonal selling.
MENTIONED IN THIS ARTICLE
Chicago
Africa Market Grows as Export Power Shifts
Africa becomes a key market for U S farm products with exports totaling 380 million dollars in the last fiscal year, up from 38 million the year before. Wheat flour grain and vegetables are noted as principal exports.
MENTIONED IN THIS ARTICLE
Africa
U.5
Farmers Use More Credit Says Farm Credit Deputy
F Vernon Wright, deputy governor of the Farm Credit Administration, reports a strong rise in farmer credit usage. For the fiscal year ended June 30, loans by 485 farmer owned production credit associations totaled 3.4 billion dollars, up from 1.9 billion the prior year. About 24 percent of loans were rated good to excellent, 5.5 percent needed closer supervision, and less than 0.5 percent were poor.
MENTIONED IN THIS ARTICLE
F. Vernon Wright
Farm Credit Administration
Wright
Treasury Bonds and Food Dollar Use Reported
U S Treasury bonds quoted with weekly highs and lows and yield figures. A Agriculture Department survey finds per household food spending patterns. urban and rural two person households spend 2 percent of food dollars at home and more on meals away from home. Smaller households spend more per person on meat poultry fish and produce than larger households.
MENTIONED IN THIS ARTICLE
New
York
Treasury
OD Te
Moe Oka
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