Market movers on Wall Street amid mixed stocks
New York reports wide stock activity with many names advancing and retreating. Major firms show varied results as Dow Jones and broader indexes move amid fluctuating highs and lows.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 21 articles. Subscribers can read the full text of each article.
Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Jun 01, 1968
Page
11
New York reports wide stock activity with many names advancing and retreating. Major firms show varied results as Dow Jones and broader indexes move amid fluctuating highs and lows.
Chicago Mercantile Exchange quotes show live beef futures across contracts from January to April with prices around 26.40 to 26.50 per cwt. Slaughter cattle and calf totals noted as 1000 and 100 respectively, with steer and heifer values in the 25.50 to 26.50 range and cows 18.00 to 19.25. Not enough trading for sheep prices.
USDA reports hogs and cattle prices with ranges by weight and grade. Hogs 190 to 235 pounds mostly 20.00 to 21.50 per cwt, heavier 81 head at 21.75, lighter 40 to 60 pounds 18.75 to 19.50, 400 to 500 pounds 15.50 to 16.00. Cattle include prime steers 28.25 per cwt, 950 to 1,350 pounds 26.00 to 28.25, heifers 26.50 to 27.00, 850 to 1,050 pounds 25.50 to 26.50. Sheep lambs 85 to 100 pounds 29.00 to 30.50, package prime 31.00.
In Omaha pork market, barrows and gilts faced a steady to 50 cent higher trend with most sales around 25 cents above prior levels as buyers maintained steady demand.
The report lists hogs with weights from under 390 pounds to over 450 pounds and stags boars, plus estimated totals of 169 hogs and 1180 cattle. Cattle classifications include choice grain fed steers up to 26.50 and various grades for steers, heifers, cows, bulls, veal calves, and feeder stock with price ranges.
A compact list of final dividends and regular stock notes shows firms like Griesedieck, Univ Lf Teb, Ft Worth N Bnk, Loehmanns, Nat Lf&Acc In, Nicholson File, Ohio Brass, Preston Mns, Rio Algom Mns, Std Frt&Stmnshp, and Univ Lf Tob reporting per share dividends or share values with dates ranging through June and July. The entries present varied per share amounts and ex-dividend dates, reflecting ongoing corporate distribution activity.
Trading on domestics wools in Boston remained slow with prices steady. Fleece wools sold in limited volume with bulk ranges from 29 to 45 cents grease to growers, while 64s and 60s-62s grades fetched delivered prices around 1.10 to 1.16 per pound. Nevada sealed bid sale covered 200,000 pounds and Utah offerings showed 64s and 60s-62s at 48.5 to 53.5 grease delivered, with Texas bids at Rankin and Brady indicating bids around 50 to 56 cents grease and 1.05 to 1.15 delivered for various months.
Fifteen most active NYSE stocks reported strong turnover with notable gains. Ald 338000 shares up 16 percent. Occidental Petroleum 320200 up 47 percent. Hooker Chemical 167400 up 56 percent. Inland Steel 154100 up 32 percent. Am Tel Tel 136700 up 48 percent.
Chicago AP reports corn futures edging up Friday while soybean oil and soybeans hit near season's lows. Prices gained on moisture forecasts for the corn belt and rains east of the Mississippi damaged new fields. July soybeans slid to a seasonal low before a slight recovery.
Minneapolis grain prices show mixed activity with wheat receipts at 207, and No 1 dark Northern spring types trading around 11 to 17 protein. Crow No 2 yellow and oats and barley quotes appear with small differentials and premium/discount notes.
AP reports currency rates with Canada in New York at .9277 on Wednesday and 9280 today Britain pounds at 2.3845 on Wednesday and 2.3870 today.
Markets report mixed moves with Chicago wheat down while corn and oats rise on cash buying. Soybeans fall on liquidation as hog and cattle prices edge higher, with butchers up 25 cents to 1 dollar and slaughter steers steady to 50 cents lower.
AP reports London closing metal prices in pounds per long ton with copper tin lead and zinc. Copper spot and forward bids and asks, tin related bids, zinc figures, and lead levels are listed with bid and ask spreads.
Copper 42.422 cents per pound in Connecticut Valley. Lead 13 cents per pound in New York. Zinc 13 cents per pound in East St. Louis. Tin 1.43 per pound in New York. Gold 4.80 per troy ounce in New York. Silver 2.405 per troy ounce in New York.
New York AP reports mixed closing for U.S. stocks with the Dow Jones average ending near 899 after intraday highs around 908 and lows near 892. Rail and industrial sectors moved modestly while utilities and finance also showed small changes.
News of a potential tax hike and spending cuts sparked a broad market rally amid brighter expectations that a bill will pass. The day saw vigorous trading with 13.09 million shares on the New York Stock Exchange, as many major stocks advanced led by Glen Alden and Occidental Petroleum.
Labor, farm, veterans and financial groups were the top spenders on lobbying in the first quarter, with reports filed under the lobby regulation act. The United Federation of Postal Clerks led at 52,976, followed by AFL-CIO 38,324 and American Farm Bureau Federation 36,566, among others. The National Geographic Society also hired a compiler for the index of its enlarged Atlas of the World.
A Cooper Union professor introduces the Tapewatcher a compact computer to monitor ticker data and alert traders at home or office. The device stores updates tracks price swings and volume and can be leased for about 100 dollars a month. Signals from exchanges reach users via telephone telegraph or radio with customizable watch lists and alarms.
A lighthearted remark notes the speaker securing father's consent for a beach outing today. The line, attributed to a King Features Syndicate item, signals a family approval moment within a humorous context.
Montana Power Co sent Silver Bow County a 256521 dollar check for second half taxes as part of a 516199 dollar county levy. State property tax reach 6447685 dollars with 1430000 plus for schools. Buckley notes a 15 percent year over year rise and education gets about 4.143 million dollars. The firm remains the state’s largest property taxpayer and taxes total over 5600 dollars per employee.
New York AP. Mutual funds featured with varied prices across many funds and share classes. The list shows fund names including Franklin, Vanguard, Fidelity, Scudder, and Dreyfus, with per share values and day-to-day changes across numerous fund families and sectors.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.