Commodities futures trading defense and overview
The column argues against banning commodity futures gambling while explaining the market's hedging purpose for producers and users. It defines futures contracts as agreements to deliver specific quantities at set prices on future dates and notes risks for speculators, including potential large losses. It also addresses evaluating new mutual funds by reviewing prospectuses and past fund performance, emphasizing uncertainty about future results.
MENTIONED IN THIS ARTICLE
Olit
Towa
Attack Dogs Guard Stores As Burglars Target Night
Retailers adopt trained attack dogs and alarms to deter break-ins. Some shops report late police response and reluctant bystanders. Highlights include Handy Man Hardware in Raleigh and Ampex Corp first quarter sales up 16 percent to 60.55 million.
MENTIONED IN THIS ARTICLE
Edward A. Walters
Handy Man Hardware Co
Raleigh
N.C
Financial Highlights From Runday August 24 1968
A compact roundup of daily financial highlights dated August 24, 1968. Key figures, market movements and notable price shifts are summarized with emphasis on trends and notable gains.
Banjo shaped part aids DC-10 jet airliner
Sky Bound Banjo Aluminum Company of America introduces a banjo shaped forging for the tail section of McDonnel Douglas DC 10. The large aluminum closed die forging is touted as the largest ever produced and the DC-10 is planned to carry up to 345 passengers and fly over 600 miles per hour, with service set for 1971.
MENTIONED IN THIS ARTICLE
Aluminum Company of America
Ph.Ds In Industry Often Limited To Tech Roles
Employers across major firms report Ph.D. holders are mainly placed in technical research or specialized staff. In business tracks, B A or MBA graduates are favored, with Ph Ds deemed too theoretical or overpriced for many non technical roles.
MENTIONED IN THIS ARTICLE
O.K
Procter & Gamble
Pittsburgh
Sake
Zenith Radio Corporation
Public Ownership Policy Adopted by Pacific Coast Stock Exchange
The Pacific Coast Stock Exchange approves a public ownership policy for member firms and forms a six member committee to draft specific rules and report by the October meeting. The panel will focus on protecting investors and customers while allowing firms with other exchange ties to participate. Members include Paul N. Duggan Robert M. Fomon Joseph F. Edelstein Francis S. McComb Wagen seller Durst Phelan and Charles E. Rickershauser.
MENTIONED IN THIS ARTICLE
San Francisco
Pacific Coast Stock Exchange Goverors
Thompas
Phelan
Stock Exchange
PCSE
Paul N. Duggan
Sutra & Co
Chaairman
the Exchange
Robert M. Fomon
Ie. F. Hutton & Co, Inc
Joseph F. Edelstein
Edelstein, Campbell & Co
Francis $. McComb
Wagenseller & Durst, Inc
Charles E. Rickershauser
Wells Fargo to List Stock on NY and Pacific Coast Exchanges
Wells Fargo & Co plans listing its stock on the New York and Pacific Coast Stock Exchanges, says president Richard P. Cooley. The holding company has 9,156,263 shares outstanding. For the first six months of 1968 earnings reached 16,800,469 dollars, or 1.84 dollars per share, up from 14,760,463 dollars or 1.64 dollars per share last year. Cooley notes Wells Fargo & Co has retained Peat, Marwick, Mitchell & Co. to audit the company and its subsidiary Wells Fargo Bank N A.
MENTIONED IN THIS ARTICLE
San Francisco
Wells Fargo & Co
New York
Pacific Coast Stock Exchanges
Richard P. Cooley
Wells Fargo Bank
N.A
Cooley
Peat, Marwick, Mitchell & Co
Certified Public Accountants
Wells Fargo Bank, NA
Seminar on Oil Resources by Equity firm official
Coy Miller, assistant to the president of Equity Resources Corporation, will conduct a seminar on oil resources. The meeting is hosted by Equity Hetacvtes Corporation with local sponsorship in Oakland, San Francisco, San Jose, and surrounding areas.
MENTIONED IN THIS ARTICLE
Coy Miller
Equity Resources Corporation
Equity Hetacvtes Corporation
Whaldiary
Equity Funding Securities Corporation of
Amorita
Hat
Nin
Oakland
San Francisco
San Moles
San Jose
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Lute Wasbetten
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Wasbolten
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Perry Pharmacies
Bloomfield Hills
Mick
Birmingham Masonic Temple
Robert Shapiro
Aetna Life & Casualty Co
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Roe
Areer Ian
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Avyco
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S. el Camino Real
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Thirft
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Lene Rakes Blvd
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Redding
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Santa Ani
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Don
Ron Eet
Ela
Addrona
Mornla