Market Ends With Small Gain Amid Sparse Trading
Preliminary data show a muted session with limited moves as early sport metrics fail to sustain gains. Investors note a modest 26 percent swing in some assets and a final uptick overall, amid thin volumes and cautious activity.
New York Exchange 1967 Debut Posts Small Gains
The New York stock market opened with a modest boost for 1967 as tax-loss selling subsided briefly. The Dow rose 0.72 to 786.41 after trading up to 9.48 earlier, with mixed breadth as 789 of 1,426 issues gained and 434 fell.
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Inflation debate in life insurance industry faces scrutiny
AP reports Institute of Life Insurance head Blake Newton Jr disputes the view that inflation mainly harms life insurance. He argues inflation hurts all, noting eroded policy cash values and shifting focus to protection over savings. He cautions against investing purely for gains via equities and urges public education on inflation's dangers.
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Jsunnife
Business 5
New York
Institute of Life Insurance
Blake Newton Jr
Association
Newton
Iso
Tto
Marathon Oil to Issue $20 Million in Notes
Marathon Oil plans to raise 20 million dollars via notes issued by Marathon International Finance Company. The notes will be offered late this month entirely outside the United States and underwritten by a group led by First Boston. The move aims to improve the U S balance of payments.
MENTIONED IN THIS ARTICLE
Findlay, Ohio
Marathon Oil Company
Marathon International Finance Company
United States
First Boston Corporation
Marathon
Red Leaders Plan New Farm Program
Red leaders outline a new farm program signaling shifts in agricultural policy. They cite support from regional committees and plan to unveil details at a statewide meeting, aiming to boost crop subsidies and rural development.
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