Stocks Up But Gain Trimmed on Monday Gain
New York stocks opened higher on Monday aided by favorable economic news including steel and machine tool orders, but the morning gains narrowed. The Dow rose to around 868.04 at the moment, while the Associated Press average edged up to 3168 before fading into slight losses. United Engineering and Foundry led activity with a large block traded at 30, while overall market breadth favored gainers early before retreating.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Noce
Associated Press
United Engineering and Foundry
N Y Stock Exchange Chamber Dinner in San Leandro
The San Leandro Chamber of Commerce hosts a 6:15 p.m. dinner at Miraglia's to discuss community problems with U S Chamber executives. Elmer from Washington D C travels with Ronald H Bailey and Richard McHenry as speakers. A film A Vale of Four Cities opens the discussion and future actions will be screened for referral to city government and agencies.
MENTIONED IN THIS ARTICLE
United States Chamber
Miraglia’s
Hays St
Kenneth G. Gabrecht
Chamber
Elmer
U.S. Chamber
Washington D.C
Ronald H. Bailey
Western Division
Richard McHenry
San Leandro
Investor Advice On Stock Holding And Margin
A reader asks how to invest long term while avoiding frequent selling and taxes. The reply urges holding good stocks, warns against margin buying, and explains Federal Reserve margin rules and the risks of margin calls. It recalls the 1927 crash and the 1929 crash impacts to caution against speculation.
MENTIONED IN THIS ARTICLE
Sharce
Mutual Fonds
Federal Reserve Board
Fed
Brosker
Jobless Pay and Bargaining Bills Advance in 1960 Session
In Sacramento AFL CIO labor plans circulate a package of 12 bills led by Assemblyman John J. Atr ion to grant farm workers collective bargaining rights and broaden unemployment insurance. Proposals include extending jobless pay, lifting exemptions, and allowing public agencies to bargain with labor unions, with tax reform calls echoing for targeted relief and a $194 million tax-cutting approach.
MENTIONED IN THIS ARTICLE
Sacramento
UPL
Organized Labor
John J. Atrion
San Francisco
California Federation of Labor
AFL Cio
Istaté Conciliation Service
SRO
Jatin G. Nchuuite
Schmit
Timid G
Brown
Ronald Reagan
Schmitz
Developer Opens Land In Dublin
Dublin developer plans 14 acres along State Highway 21 south of San Ramon Village Shopping Center. Gulf Oil Corp sells 2.5 acre parcel for $151,100. Robert J. Brown says partial sale to Mary Anderson funds a 19,000 square foot professional center. William Ross notes a service station will occupy a corner at Highway 21 and Amador Boulevard. work to begin this year. The 4 acre subdivision lies east of Regional Way and south of Dublin Boulevard, zoned highway commercial for motel, restaurant, service station, and gift shop use.
MENTIONED IN THIS ARTICLE
Dublin
San Damon Village
San Ramon Village
Gulf Oi Corp
Robert J. Brown
Y William Ross
Gulf Through Valley Realty Co
Ross
Highway 21
Amador Boulevard
Mary Anderson
Regional Way
Dublin Boulevard
Brown
Testing begins for disputed Navy fighter jet model
A United States Navy variant of the LFX fighter completed a cross country test flight of 2,354 miles in just over four hours. The jet, criticized as costly and heavy for carrier operations, will undergo carrier simulation at Patuxent River before potential aboard-Carrier trials on the Kittyhawk class.
MENTIONED IN THIS ARTICLE
Washington
FAR Navy
Nonston
United States
Navy
Ftyards Air Force Base
Jali
Naval Air Test Center
Patusant River
Mtd
Pentagon
Defense
Patuxent River
Cartier
Vandals Flood Los Angeles Examiner Office
In San Fernando police reported vandals damaged the Los Angeles Herald Examiner office by flooding the floor with water from a hose through a broken window. Water was turned on and off overnight, causing water to rush through the building and exit the back door. No damage estimate was available. The American Newspaper Guild and eight unions have been on strike against the paper since last month.
MENTIONED IN THIS ARTICLE
San Fernando
UPI
Los Angeles Emerald Examiner
American Newspaper Guild
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Wall Street
Wiese
St. Denis
Paris
N.Y. Stock Exchange
la Leandro Chamber
Coromerce
William A. Doyle
Nee Park Stock
DOW Jones
Ivan Elmer
Pan Am A
Bres Chamber
Abbott Lab
Ayeas
Indus
Fearico
Pitney B
Bosch
Jsp
Disney
Kroger
Amfavst
Duke Pw
Bs Viltearslen
aEse Snd
Aranardy
Dunit Co
Ysena TenPcem
EvRon
Lenman
Am Motors
Am HaiGas
Raytheon
RepubSt
Kodak
Ealon'tn
T&t
Saan Ad RaynTes
Lorillard
Anacon
Ava Lohens
Evans
Arica
Ita Sateday
Daven
IF Mynckeco
Atream
SiLsane
Farhi
el Sanders
Asad OG
Tay
Eenstee Mer
Hagel
Wrep
Saha
A Atchison
Strealil Data
Ferro Cp
Salis
Corp
Maarauer Wartinwar
Esther
Seeburg
Beckman
Cormick Ag
BeechAlre
Sain Bell
Annan
Asa Dare Dat Bendix
Seulhca
U BenetFin
Soungas
Asia Asta
Berguet Farhi
Adiloll
ScuiPac
South Ky
Borden
Brunswick
Burroughs
Genesco
Swith Co
Gillette
Niead
Camp Sour
St Glen Als Wii
As Heal Steel
Gien Ak
Tata
Tektro i
Ak Anheuser Buser Bil
Caroplt
Goosrich
Nevada P
Aha di
America
Bly Core
Ms Ua
Newner
Tenneo
Ms Bae + Bank of Calif
Wea
Graceto
Yan
Cal Pac Utilities
Cartenyata
Granis
Cal West States Life
Grant
Crocker
al Scaterte
Ui Ai
Shy Teslon
Dave
Yuna
Americas
Os Cargo Cp
Great America
Gromaire
Arid
Hexcel
Norlen
Insurance Ae
CFL
GullistaUb
Inc
Kaiser Steel
Ark
ChiPatel
Ana Noell
Chriscrelt
Haris
Pabst
Cheysler
Redcar
Rucker az _ker
Clark
Ty Holt
Electra
F. Gatland Helicopter
Cocacols
Holly
Dissel
Cbs
HuntFas
ConFord
US Steel
IngerRard
Sis Lee
linsWam
Ralls Ut
Sige
Alex
Maris Asso
Petr
Val Moarner
al Aalner
Kaiser
Cooper
McCrory
Wasim Ahlis
Branitiee
Pancoastel Crown
Cork
Ryan
John John
Curtis
Pays Woolworth
Raimarn
Ah Gia
Tha Asancaled Neewy
Geers
Lynch
Alloc
S Daily Investor Ties
Burton
L.A
Heliday
Jee Cube
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