Stock Market Declines In Light Trading Pressures
Market prices eased as light trading pushed down blue chips and major indexes. IBM Xerox Fairchild Zenith Motorola Admiral Polaroid fell several points while Teledyne Northwest Airlines and others retreated amid lower color TV demand and rising office equipment competition. Foreign exchange and rising unemployment added to a cautious mood on the American stock market.
MENTIONED IN THIS ARTICLE
IBM
Xerox
Fairchild Camera
Zenith
Motorola
SCM
Admiral
Polaroid
Ing Field
Wall Street
Rute
Am Iletiean Stock Exchange
Centralization Key Drives Growth For John’s Bargain Stores
New York based chain John’s Bargain Stores grew from one unit in 1845 to 500 by June, trading on centralization. Vice president Joseph Blonsky says owning warehouses cuts haulage costs and that about 75 percent of merchandise sells for less than a dollar with a money back guarantee. Most items are soft goods, and volume purchases from slow moving manufacturers keep prices low for customers.
MENTIONED IN THIS ARTICLE
John's Bargain Stores
Joseph Blonsky
John's
Blonsky
John
New York Stock Exchange Action Details
New York AP report notes selected stock actions on the New York Stock Exchange with late afternoon activity as 120 p m trading Ariees and Ja a Ils were mentioned in the summary with market movements and notable listings.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Wall Street Charter Advises Cautious Stock Upgrades
New York firms warn that the April May Dow decline outpaced the rail index, underscoring rails as reliable market indicators. Analysts suggest modest improvement could restore confidence, urging investors to upgrade portfolios only on weakness and favor large established companies with solid yields.
MENTIONED IN THIS ARTICLE
New York
UPI
Newton!d
Videe
BH. FP
Hutton & Co. Ine
Oppenheimer, Newberg & Neu
Maritime cargo ships listed with ports and docks
A fragmentary shipping report lists vessels such as AMERICAN FALCON, FERNSIDE, JAVA MAIL, PHILIPPINE ADMIRAL, SANTA MALTA, SATSUMA MARU, SYOSSET, TOBIAS MAERSE, and VETHTEX with origins Yokohama New York Long Beach and various piers including 32 44 28 45 7 and 48.
MENTIONED IN THIS ARTICLE
American Falcon
Americany
Yokohama
States Marine
Pert du Todds
Antingus
Walermany Rapabecta S.F
Tuen Bakke
Norwegien
Lew Angeles
Bakke
Pier
Fernside
Norwealen
Joy Ane Aales
Ovéritas Sb
Hawaiian
Sly Americany
Enc
Java Mail
Low Angules
Ararican Mail
Plmpines
Long Beach
T. W
Dividends Reported by Los Angeles Drug Firm
A Los Angeles drug company disclosed on Thursday that quarterly dividends were set at 125 dollars per share. The report notes the firm expects continued net earnings and stable payouts despite market fluctuations.
MENTIONED IN THIS ARTICLE
Bel — Ingaerocny
Iy Company
Los Angeles
Why News Triggers Swings in Wall Street
An AP analysis explains that stock moves hinge on investor sensitivity to corporate and national developments. Traders react to seemingly innocuous statements, often triggering brisk buying or selling as profits are booked and expected trends are priced in.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Viet Nam
Tax and Exchange Commission
Bolls
Soybean Trader Lucky To Have Made Big Haul
Washington based traders faced speculation after President Johnson’s Feb 10 food for freedom message. The OIG probed possible leaks but found no department employee or press source to blame. A southern trader reportedly sold 1.2 million bushels after 11:24 a.m. Feb 10 and profited, while officials noted traders could guess policy moves.
MENTIONED IN THIS ARTICLE
Washington
UPI
Johnson
Food For Freedom
Congress
Agriculture
Orville L. Freeman
Agriculture Department
Office of Inspector General
OIG
Southern
Oro Loma rebuilds culverts on East 7th Street San Leandro
Construction starts today on East 7th Street between 758th Avenue and Plaza Drive to replace old drainage culverts for the Oro Loma Sanitary District. New larger culverts will improve drainage and reconstruction on Oro Loma ditch above East 14th Street under Alameda County Flood Control District. Traffic will detour in three stages for about four months with signs and striping guiding motorists. Parking on East 14th Street will be banned in the construction zone while private driveways remain open.
MENTIONED IN THIS ARTICLE
East 7Th Street
San Veandro
758Th Avenue
Plaza Drive
Oro Loma Sanitary District
Ora Loma Ditch
East 14Th Street
Alameda County
State Division of Slighways
San Lorenzo Board Considers Salaries For 1966 67
San Lorenzo Unified School District trustees meet tonight at 7 p.m. to discuss salary proposals for certificated and classified personnel for the 1966-67 year. The agenda includes bids for office supplies, duplicating room equipment, roof repairs, fire safety work, a tape duplicating system, laundry service, and a continuation high school opening under federal and local programs.
MENTIONED IN THIS ARTICLE
SAN Lorenzo
San Lorenzo Unified School
Bord
American Federation of Pected
San Larengo
Hi Portal
Rick
Daylan
Sion An & Name
Ower
Usher St
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ACF Ind
Koppers
Shell Oi
Korvette Cr
Aya Sy
SingerCo
Lear Steg Td
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Wae Raya
Lehman
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