Glamour Stocks Slump Amid Heavy NYSE Selloff
In an active session on the New York Stock Exchange, glamour stocks led the decline as heavy selling spiked volumes and dragged blue chips downward. The Dow fell to a new 1968 close, with broad losses across most major indices and mixed notes from oil and industrial shares.
SEC Proposes Expanded Fund Report Data Requirements
The SEC unveiled a rule change requiring management investment companies to file revised annual reports and submit more detailed information. The form would align with computer processing needs and request data on shares sold, loads to underwriters and dealers, and stock holdings by sector and top positions. Comments are due by February 29.
MENTIONED IN THIS ARTICLE
Washington
Securities and Exchange Commission
Commission
SEC
U S Aircraft Exports Set Record in 1967
United Airlines manufacturers of private and small commercial aircraft exported a record 3035 planes valued at 76540900 last year, the Aerospace Industries Association said Tuesday. This was a 4.6 percent gain over 2903 aircraft worth 75373300 exported in 1966.
MENTIONED IN THIS ARTICLE
Washington
United Suites
Aerospace Industries Association
Restoring Indian Mound At Florence For Park Planned
Florence and Lauderdale County residents restore a ceremonial Indian mound to create a recreation and tourist site. Plans include a parking lot fencing picnic tables restrooms and a museum for artifacts beside the mound. The mounds mark burial places with cherished grave goods.
MENTIONED IN THIS ARTICLE
Florence
Ala
UPI
Lauderdale County
Amex Prices Decline In Active Trading
New York AP reports sharp declines on the American Stock Exchange amid active trading. Volume reached 5.92 million shares, up from 5.56 million the prior session. The exchange index fell to 24.77 with most issues down. Magellan Petroleum rose while Solotron Devices dropped.
MENTIONED IN THIS ARTICLE
NEW York
American Stock Exchange
Magellan Petroleum
Solitron
Rusco Industries
American Commercial Lines Buys Piggy-Back Leasing
American Commercial Lines Inc of Houston Texas announced it has purchased all outstanding stock of Piggy-Back Leasing Corp of Chicago. The Chicago firm leases about 1000 units of equipment to various manufacturers and rail freight lines.
MENTIONED IN THIS ARTICLE
Chicago
American Commercial Lines, Inc
Houson, Tex
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Fon
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US Steel
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Zovre Corp
U. S
Hunting
Arouna
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