Promissory Notes Promises and Risks for Public Use
A reader questions promissory notes offered by a currency brokerage through a mall booklet. The notes claim 4 5 percent interest, but the guide explains the true annual rate and warns the notes are not federally guaranteed. It notes risk, reliance on borrower records, and that a 3 month period yields 1 3 7 5 percent based on annualized rate.
MENTIONED IN THIS ARTICLE
Borin
Suv
Pople
Sone
Wall Street Chatter on Market Turnaround Hope
Wall Street chatter cites stock market confidence as a key factor for recovery. Analysts note a likely technical rebound and cautious optimism, with Standard & Poor's seeing potential gains and recommending selective buying for investors with cash reserves.
MENTIONED IN THIS ARTICLE
Standard & Poor
Auay Bo
Investment Funds and Invesco Group Securities Snapshot
A dense listing of investment funds, groups, and fund managers with numerous fund names, share values, and positions. Entities include AMIT Inv, Keystone, PIONEER, CON, Grin Ind, Grin Fund, and various fund managers and offices, plus scattered price figures and dates indicating a broad market summary of mutual funds and securities.
New York Stock Exchange Faces Mixed Noon Trading Signs
The New York Stock Exchange shows cautious activity after a brief uptick in early afternoon trading. Analysts note selective strength in a few blue chip names while broader indices drift sideways amid market uncertainty.
Dow slips as major stocks fall in midday trading
Stocks including IBM, Du Pont, and American Telephone moved lower while several oils held steady. The Dow Jones Industrial Average dropped 6.69 to 556.39 at noon amid broad selling, with notable declines in Merox Inst, Polaroid, Litton, and Gulf American Land while Treasury bonds advanced.
MENTIONED IN THIS ARTICLE
du Pont
U. S
American Telephone
General Motors
Ford
Chrysler
Shidahelr Gaalrsnd
Ameri
Dow Jones
American Stock Exchange
Aerojet-General, Insurance Co
North America
Liberty Fabrics
Universal Controls
Syntex
Pepperell
Novo Industrial Corp
Cutter Laboratories "A
Arkansas-Louisiana Gas
National Video A
Hydrometals
Giannimo Controls
Cinerama
Gulf American Land
Todd Shipyards
U. S. Treasury
Stock Market Prices Again Slip Sharply
NEW YORK AP says stock prices fell sharply midday, dropping below the 1962 closing low in several averages. The AP average for 60 stocks at noon slid 1.46 to 208.50 with industrials down 2.20, rails off 0.40, utilities down 1.00. Brokers saw no specific news driving the decline, just a test of support levels as selling continued.
MENTIONED IN THIS ARTICLE
Wien
Madison
Na Marine Mid
Aamiral ' A
Mcom Aley
Yaltann
Aik
Mead Cn
Mitexaco
Altea Cp Lca
Nim Mgm
Tex Inn
Tex G
Allied
Rittal Thiokol
Monasca
Tidewat
Ya Amsraga
AK Mpal
Witean
Aiplin
Vel United Cease
Oh Fare Steel
Jevozhy
Elcurtis Pub
jSurtiss
Osaca
Thy Ann Else
Dan Riv
Nok & West Dy
US Freight Tl Ee
Dayeo
Decca Roe
Northrop
Armen
Aesby
Atchison
Otis Elny
Alias Gory
Aulom
Ved Pont Jr
Owens
Babcock&y
East Air Lu
T&t
Lawn
Lima Uy
Pan Awair
YelWern
Peabody Goat
Bankore
Son
Beckman
Penney
Wil Wests & Bk
BellaHow
Yemen
Bendix
John
Peps Cole
Benguet
Evia
Grocrs
Plier
Ana
Gelotex
Beth Steal
Ds Amul Evans
Pheios
Jeuny Pitney
Bucy Erle
Budd Co
Firestone
Polaroia
Fla Pw
Rayauler
iGaliah Minn
Carter Pd
Higeat Chen
Satiaoa
Pale Celoler
Fas Lad
Reb Fulton
Cenco
Rayel
Hisue
Arene
p—Peldeen & SW
YiGen
M'Soleway
Cessna Air
Hicca
Sidoy
Charan
Duslae
jcheseOn
TelsEl
Yohns Man
Don Logan
Joy Tafe
Ehrts
Chrysster
Glen Ald
Val Kater
Scott Pop
Goodrich
al Kayser Roth
Kere McGee
Wiarton
Indar
Coty Palin
Konpers
Hell Tran
Cole Frir
Columbas
C&n
Vallid
Wihern
Associated Press
Halliburton
Iai Linton Ina
VarLockh Airc
Kelly
Cosden Pet
Yel Horesti
Yah Loew's
Crane
Mal Brown Zett
Lt Fey
Wee Mara
Biawi
New York
Bond Averages Ship Reports To Arrive Thursday
Complied by The Associated Press, the June ship reports list vessels and departures across ports including Yokohama, Long Beach, Amsterdam, Los Angeles, and Vancouver. Entries note ships like PRESIDENT LINCOLN, PRESIDENT ROOSEVELT, and ARGENTINA MARU along with destinations and arrival expectations, reflecting a global maritime schedule.
MENTIONED IN THIS ARTICLE
Frese
Bea
Amar
Aati
Smaz
Ste Eef
Ball Imare
Hest
Aish
Taganaru
Rio Magdalene
Long Beach
SEA Horse
Iemeinland
Amsterdam
Santa FE
Columbia River
Olivia
Far East
Velasci
Lisbon
G. Patrick
Yokonami
Mason
Oregon
Yorohima
Roosevelt
Yore
Obama
Harrison
És Angeles
Ata Rogler
Gordon
Martine
Utrecht
Los Angeles
Republica DE Colombia
Argentina
Hoegh Cuff
Hung Kone
Japan Bear
Los
Om Ater
Oronsay
Vancouver
Califormia
Yokohama
Departures and names amid scattered June listings
A jumble of June dates and names appears across places including Los Angeles Bayonne Manila Yokohama and Honolulu. Entries mention ships or persons such as PETRO QUEEN PRESIDENT ARTHUM and PRESIDENT GARFIELD alongside locations like Le Havre Santa Fe and Acapulco with dates in June.
MENTIONED IN THIS ARTICLE
Petro Queen
Los Angeles
Northwestern
DYRON
Yokohama
Mawavian Rancher
Bank Clearings in Western Cities Rise to New Totals
San Francisco leads with 200,300,000 in clearings followed by Oakland 1,022,234 Berkeley 6,781,504 and Los Angeles 416,702,855 as the banking day reports show broad gains across the region. Local financial centers record substantial activity across multiple institutions.
MENTIONED IN THIS ARTICLE
San Francisco
Oaklaad
Berkeley
Los Angeles
Wall Street Falls Amid Conflicting Economic Signals
Equity markets weakened as sentiment split on 1963 prospects. Dow Jones avg dsl 563.08, a fall from recent highs, with 3891 short interest and limited trading volume. Labor and economic outlook comments from Goldberg and Clague reflected widespread uncertainty about a recession.
MENTIONED IN THIS ARTICLE
New York
Iease
BS Steel
Washington
Wall Street
Arthur J. Goldberg
Ewan ‘Clogue
Commissioner of
Labor Statistics
Goldberg
Clagne
Pacific Coast Stocks Alum Ltd and Related Firms
A dense list of stock listings and company names across multiple sectors including aluminum, motor, electricals, mining, and utilities. Entities referenced include Anis Chal, Am MARC, Am Motors, Armour, ANCO Corp, Beech Aircraft, Cal ink Co, Goodyr, Ford, Homestake, Safeway, Sperry, Union Carbide, and Zemin, among others, suggesting a market page summary of industrial and regional corporate listings.
MENTIONED IN THIS ARTICLE
Alum Ltd
Aes AV
Associated Press
MARC
Am Motors
Armour
Anco Corp Pty Baker
Beech Airc
Hausw Co
Cal Ink Co
Chevsin
Fasron
Bonsom
Dove Aire
Gilets
Mune Corp
Ind Wickel
Kaiser
Ind
Kern
AR Radio Corp Rayone
Rexall Ora
Rhodet
Rtn
Roy Dulch
Ryan Aero Hyder Iva Safeway
Telsuta
Theitimart Transam Co
Abtlina United UN Indust Co
M2 5 Steel Volohn Co
Varian
Egg Market Report From San Francisco
UPI reports price listings from dairies for eggs and cheeses for retailers. Prices show large medium and small eggs with various grades, weights, and dollar per dozen figures. cheese products and processed dairy items are noted with assorted price ranges.
MENTIONED IN THIS ARTICLE
San Francisco
UPI
Sylvester Dairy
FSMNS
Kennedy Deficit Stance Faces Uphill Political Fight
President Kennedy urges deficit financing as a tool to boost the economy and achieve full employment, while Americans view deficits as undesirable. The piece notes 11 deficits since WWI, a rising national debt near 1,300 billion dollars, and another deficit anticipated for 1968. It compares deficits to family budget borrowing as a cautionary analogy.
MENTIONED IN THIS ARTICLE
New York
Kennedy
United States
Treasury
Kennedy Deficit Viewpoints Question Treasury Surpluses
The piece contrasts Treasury borrowing with savings bonds, notes orthodox fears of money supply inflation, and cites Kennedy arguing deficits could spur growth and higher future taxes. Opponents call the idea a pretext for more government spending.
MENTIONED IN THIS ARTICLE
Treasury
Congress
United States
Kennedy
Yale
Wool Futures Opened Flat On New York Exchange
Wool futures in New York opened unchanged to slightly down as July and other December contracts showed modest moves. Prices listed include July at 167 bid, May around 782.0 bid, and December near 1214 traded, with several contracts down two to four points.
MENTIONED IN THIS ARTICLE
New York
UPI
Ndi Det
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Daily Investor
Wiliam
Doyle
Wall ST. Chatter
Worid
Martin’ Bert
Vass Alstyne
Noel
Gilbert
Ed Aneron Fund
Baie Fo Cs Advise
ME Gt
Inves
Mort
Sadana Ai Bus
Ant Toy
Alem Ph Addy Gen Bo
Nat Fane
Pelral
Gherdin
Balan
Bend
Incore Inc
Incore
OMY Cavill
Bonn
Yhia
Coton Fa
Ives
Eaton Gr
Invest Grp
Pioneer
BKS
Brain
Puritan
Ganad
Revere
WI Concord
Scud Can
Scud
Keystone
Selec Am Zhaay Crown
Sharenid
Vid Weer
Mit
Stein RE
Stein
Dee Entone Sth
Nrickerd
Tyen Com
Elec Tee
UBS
WIT Energy
Letsra
Equity Ust
UL Fed Srth
NEW York Stock Exchange
APJ
York
Stoker
International Business
Merox
Polaroid Amund
Litton Industries
Texaco
Amerada
Southern Pacific
Tastman Kodak
Dow-Jones
Neon
Steck
Pacific Coast
Ry Associated Press
Sam Dawson
National Association
Spevie- Keyatone Cash
Wis
Wes Bowlers, Inc
Hake Arrownhead
Lestoll
New Hampshire
Uielson
Bactic Power & LY
Slomnar Mortgage
Albertson
Phillox
Avon
Hartland
Bank of Cries
Baird Atomics
Bensor Lekner
Rockwell Avia
Bervillam Coen
Our
Moston Capitol
Anders
Brusn Berviliam van
San Jose Wailer
P/CAL Ltduld Gas
Cov
Pac
tUsunes
Einel McCulleuah
Roy We
Tig Lewis
Flutterman Corp
Mar! Corp
Ges Pipe
Firemans Fund Sue Ny Trinidadt Pete
Tucson
Pays
Branklin
United Caw
Razordabla Guickmann
SAR
Cnet Araclinch
Zbl Magan
Chemical
Bonita