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Bridgeport Telegram in Bridgeport, Connecticut

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Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Mar 24, 1967

Page

19

Stock Market Advances on News of Lower Interest Rates

The New York market rose broadly on news of lower lending rates. The Dow climbed to a year high, volume reached 9.51 million shares, with leadership from oils, rails, autos, and electronics. Morgan Guaranty's rate cut to 5% spurred gains as mortgage rates trended down for the second straight month.

New York Morgan Guaranty Trust Co Morgan Guaranty Chase Manhattan Bank Associated Press New York Stock Exchange Standard & Poor Heguet Avco IBM Polaroid Xerox Standard Oil New Jersey American Storer Broadcasting Crouse-Hinds Crescent Corp Lynden Pindling Bahamas U.S. Shoe American Stock Exchange Goldfield Nytronics Canadian Superior Oil U.S. Treasury

Congress eyes tighter grip on private pension funds

Private pension systems totaling about 90 billion dollars face growing congressional scrutiny as bills seek minimum operation standards and federal oversight. Critics warn against overreach while proponents argue stronger regulation protects workers. questions focus on fund investment, portability, and impact on welfare.

New York Congress National Association of Manufacturers Johnson Irs Surat Natcity L NatDairy Nelsnor Bros Neptyne Nevada Ptd Neviberg KOSS Ryan Aera RyderSys Safeway Strastd StHos LP Slsanfran Stregp Sanders Sangemo SaFeDri Sovanah EP Schentey Sehntey Pf Schering Schick Schimbg Scient Data ScottFore Scott Poper Scovilley UlIs Uglohn Uris Utoh MallyeAld VanRaol Vanadop VanityFr Vorion Asso Veederin Vendo Co Victor Voeipw Voea&p Pf VanGroc Vornado

Easter Sales Chill Merchants In Much of U S

An AP survey across 17 cities shows Easter shopping down 2 to 5 percent in the Midwest and the South with severe weather cutting demand. Some regions report gains up to 24 percent at a Richmond Virginia discount store, while overall sales run about 6 percent higher than last year despite a 5 percent rise in prices.

New York Associated Press Midwest Richmond Chicago Albany N.Y

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