Stock Exchange Goes Into Overtime On Busy Trading Days
UPI reports heavy trading on Wall Street led to overtime at the New York Stock Exchange and the American Stock Exchange. Record volumes pushed staff to late hours, with brokers' offices and data processing centers staying open past normal times to manage margin accounts and investor inquiries. PMID
MENTIONED IN THIS ARTICLE
Jome Bogue
UPI Financial
New York
UPI
Wall Street
New York Stock Exchange
Exchange
Stock Clearing Corporation
American Stock Exchange
Clearing House Corporation
Earmarks Show Market Decline Mirrors 1929 Crash
Former UPI editor C Walrer compares 1962 stock weakness to 1929 and other crashes. He notes the Dow industrials slide from a December high to mid 13s, similar declines across years, and huge volume figures that rival or exceed 1929.
MENTIONED IN THIS ARTICLE
EWTOR
NOTS
Eliner C. Walrer
United Press International
Pacific Coast Stocks Mixed Across Multiple Firms
A compressed market list shows varied performance with several firms like Ford Motor and Ampex among notable entries. Investors track rail, electrical, and manufacturing names while regional figures hint at diverse sector movements.
New York Stock Exchange Neon Quotations Record Gains
New York stocks moved higher as neon price quotes showed buy orders lifting several issues. The exchange reported gains amid buoyant trading, with several issues showing stronger demand and overall market activity rising.
Stock Averages Subruptcy Brief Folio Note
A fragmented financial item notes stock averages and entitlements under new guidelines. The brief mentions receiv entted under the B Urlines assured the state of markets and potential adjustments to portfolios.
Stock surge as market opens with heavy trading
New York reports a strong stock market opening with the Associated Press average up 6.70 to 226.80 as industrials rise 7.80. Big blocks traded amid renewed investor activity from pension funds to hedge funds. American Telephone jumps on large block trades before retreating, while GM and DuPont headlines loom over the session.
MENTIONED IN THIS ARTICLE
New York
Wili
American Telephone
MARKET AT A GLANCE New York stocks rise after market holiday
New York stock prices edged higher after a market day holiday with hints of erasing May losses. London shares eased after a late Wall Street rally, while Washington reports show unemployment falling and employment rising in May, signaling continued economic improvement and potential stock impact.
MENTIONED IN THIS ARTICLE
New York
London
Wall Street
London N
Washington
Goldberg
California Business and Employment Indicators Hit New Highs
The Wells Fargo analysis shows California industry at peak with a 290 percent surge versus 1947-49 averages in bulk items, cheese, and dairy products. Employment rose to 6,158,000, up 1 percent from last April, while unemployment fell 500 from a year ago. Electrical equipment and electronics now top the state’s industrial payrolls, adding about 22,000 jobs in a year.
MENTIONED IN THIS ARTICLE
Quate
Jloke
Lomgéncort Baker Wavas
I Securities Dealers, Inc
Lastoll Crass
Lucky Storen
Portland
Wells Fargo
Bank
Jang
Ing
Alymics
Rockwell
Senson Lehrer
Rush
Burytilumy Corp
Boston
Scar & Fetzer
Vai Cal
Por
Weil
Sprague Electrie
Ula Water & Tel
Tillie Lewis
Tillie Lewis Taylon Colonial Marta Ay Big Toyer Insitumant Az Sash Commonwealth
Telacomputlng
Crown Banyanio
Ethel McCullol
SAN Francisco
UPI
Els Makin
FodsMar Corp
Rinidad
Pat Ey
Firemaunt
Toran Goss
United Calif
Bibe Franklin Net Bank
United Control
U. S
Weinsberg
Aial Hagan Chemical
Walls Force
Roi
Worl Coast Vic
Keysfons
Winchall
Market Trends In Northern California Banking Orgie?
In Northern California Wells Fargo sees single family constriction up 27 percent and multi family units up 81 percent for the year amid remarks on May business activity and stock swings. Du Pont gains and Ford opening delays dominate a broad market rally with many stocks rising while gold shares weaken. Analysts note stabilization will take time and investor sentiment remains volatile.
MENTIONED IN THIS ARTICLE
Kish Lew
Dow Jones
Ign Law Tal
Orly Elev
ABC
Lee
Quy Mar
Wa Bancorp
Moe
AirReduc
Westgabh
Laeusia
Woolworth
Worthington
Philip Mor
Am & F
AmTelTel
Amzing Sob
AMP Inc
Ampex Cp
Reytheon
AmpliBorg
Agaconda
Reich
Repub
Alan Cp
East Kodze
Sue Wim
Rob Fulton
Evans
Taye
Sam Saies
Gvarsharg
Cld
Bell&Gps
Wistelbutton
Dapoisteibuted
dapoisteibuted. wi—When Issued. nd—Next|_ Meth Steel
Fedd Corp
Onder
Bigetow
Fare Cp
Dave Ah Bray
Fulel
Swata Ave
Schenisyng
Schering
Les Briggs
Schick
Bucy Erie
Bae Bustin
Shell
Bulova
Qurryugts
Mate Sinclair
Mta Vinz
Rally Util
Stocks Co Smith Cor Ohi
Ava
Catania
Southern Co
Gen Cigar
Canbry
Sid Brand
Bae
Sid Kalls
Aha Cen & SW
Gillette
Sai Say
Goodrich
L.ve
Chris
Stevens
Wyatt
Lear
Chrysler
Ginory
Leigh
Swift&Co
Greyhound
Lehman
New York Stock Exchange
Pry
Wal
Town Gas
Cole Fair
CBS
Tex Ina
Ingnsvax
Holt Elecav
Marquardt
Thiokol
Momestk
Ngos
Meaker
AiDon Ale
Mead Cp
Pia
Merck
Tranvamet
Rate Ltd
MGIA
Hame Oil & Ht
Monsan Ca
Pac Cement
Tive
Mont
Tau
Times Mirror
Eh United Cp
Tishman Real
Curtis Pup
M&m
Birk
Gardner
DanRivik
Onyco
Donna Man
US Freight
Decca Rec
Logan
Nat Dalry
Bees Del&Hudste
He Jones
Nat Dustin
Indust US
Tata
Dentsup
New Eng
Genkrgw
NY Central
Mla
Disney
Knyyer Roth
Kennecott
Kern
Nor M Gar
Doug Alre
Ty Kerr
Nor Pac
Dew Chen
Korvalte mYay
Nor Sra
Ys Krespe
Niddy Pont
Kroger
Norwicn
Steele
California
Wells Fargo
Berkeley
Los Angeles
Ron
du Pont Stack
Ford
Amerada
Liggett & Myers
Lorillaed
Domimonswealth Edison
North
Daily Investor on stock dividends and ownership dilution
William A. Doyle explains that stock dividends do not dilute total ownership if cash dividends do not exceed profits. Each payout increases shares, raising per-share ownership but not overall equity, while investors gain more shares and cash from future dividends.
Nulard Daun Expands SAN LEANDRO Polity Cooperative
Nulard Farms expands into southern California as Gen. Mer. Norman F. McIntyre announces the acquisition of the Henny Penny Bag Co. in Los Angeles. Charles W. Kircher, president of Henny Penny, and key staff will remain with the operation.
MENTIONED IN THIS ARTICLE
San Leandro
Mer
Norman F. McIntyre
Nulakd
Henny Penny Bagg Co
Los Angeles
McIntyre
Charles W. Kircher
Henny Pen- Iny
Surin
Wall Street Chatter on Margin Requirements
New York reports advise investors on market sentiment and margins. Analysts suggest reducing margin requirements from 70 to 30 percent could bolster confidence and support the Dow.
MENTIONED IN THIS ARTICLE
New York
UPI
Information Statistical Bureau
Arthur Wiesenberger
Maritime ships report fragment from a wartime log
A jumble of ship names and ports appears in a partial log listing vessels such as LOCH LOYAL MAWATIAN KYOYO MARU SUSAN MAERSK SAN JOSE GOLDEN STATE and HOWA MARU. The text shows dates like FRIDAY JUNE and SATURDAY JUNE 2 with locations including Yokohama Antwerp and Puget Sound, lacking complete context.
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