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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jun 16, 1978

Page

16

Big Four auto makers post 10 day June sales up 2.2 percent

Detroit based auto giants report May opening period sales totaling a record 283,274 units, topping last year's 277,194. Ford leads gains with 11.4 percent rise to 77,499 units, GM slips 1.6 percent, Chrysler up 2.2 percent, AMC up 1.2 percent. Through year to date, Big Four total 4,164,917 units, led by GM with 56.1 percent share. Also notes Helen Traubel born in 1903.

Detroit UPI May Ger General Motors Ford Motor Co Ford American Motors Corp Chrysler Corp Big Four Chrysler AMC

NOW Won't Challenge Memphis Midterm Convention Site

The National Organization for Women says it will not protest Memphis being chosen for the 1978 Democratic Midterm Convention despite Tennessee lawmakers attempting to rescind the Equal Rights Amendment. Ellie Smeal, NOW president, notes Tennessee has ratified the ERA and the measure is not considered legal or valid by NOW. Nebraska and Idaho have pursued similar rescission moves.

Memphis, Tenn National Organization For Women Memphis Tennessee Ellie Smeal The Women's Rights Organization Washington Tennessee General Assembly Nebraska Idaho

Sell or Buy More Stock to Cut Losses

Sam Shulsky addresses investor questions on whether buying more shares at a lower price or selling to take a tax loss makes sense. He notes purchasing additional shares does not reduce the original loss but increases investment, and breakeven depends on the stock returning above a higher price. Shulsky also suggests considering tax deductions within limits and timing losses, plus guidance for elderly investors with E bonds and estate tax concerns.

Also Mentioned on This Page

Helen Traubel Sam Shulsky E Bond Information Service Treasury Department Washington D.C Mr. Shulsky Thezette A Tranemark Bradman Sales & Service Center Point Rd Larsen-Olson Co Iowa John Zachar Gallery of Homes Town Kennedy Pierce Shirley Carol Lakin John Zachar Jr. & Co. Realtornance Sheraton Inn Cedar Rapids Carren Arts Our Wyler Butane Mighty Lhd Pve Aryl Tan
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