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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Dec 24, 1966

Page

8

Market Drops as Selling Pressure Outbalances Buying Power

The New York stock market closed in a turbulent pre Christmas session as selling pressure edged ahead of buying, with the Dow near 800 at 799.10 and volume about 7.47 million. Autos led gains in early trading but faded, while American Motors and Litton Industries drew attention amid unconfirmed merger chatter.

New York Steels Detroit Aulo American Motors Litton Industries Litton Wall Wilson Co Ling-Temco-Voughty L-Tv Seaboard Airline Railroad American Standard Auto News U.S. Steel Bethlehem Jones & Laughlin General Motors Chrysler General Electric Polaroid IBM Xerox Zenith Eastern Air Lines Boeing Pfizer American Stock Exchange Magellan Petroleum Molybdenum Aerojet-Geners Memcor

Christmas memory and the 1930s economy revisited

The piece reflects on a Christmas 30 years ago during the Great Depression with grandparents receiving Social Security, wartime bonuses, and GM wage gains. It contrasts improved 1930s indicators with later unemployment spikes, WPA cutbacks, and the era's lasting legacy amid current economic concerns.

AP Business News New York General Motors Works Progress Administration

Gulf States Utilities Seeks 35 Million Bond Issue

Gulf States Utilities of Beaumont Texas seeks registration of 35 million dollars in 1997 bonds for public sale by competitive bidding per the SEC. Proceeds will repay 29.9 million in short term notes and fund construction and other corporate needs.

Washington Gulf States Utilities Company Beaumont Tex Gale Securities and Exchange Commission

Pope Paul VI Receives Tibetan Exile Leader in Private Audience

The Vatican said Pope Paul VI met in private with Trichang Rim poche, tutor to the Dalai Lama and exiled Tibetan spiritual leader, amid undisclosed topics. The meeting occurred in Vatican City on Thursday.

Vatican City Paul VI Trichang Rimpoche Tibet India Himalayan

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