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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Dec 24, 1968
Page
7
A salesman hawks a no cost central vacuum with a $799 price, claiming you earn large commissions for referrals. The piece warns Americans lose hundreds of millions yearly, Post Office investigates many schemes, and the odds of profit are ruinously low as referrals explode combinatorially.
Monday quotations from the Associated Press show sales in hundreds and declining figures across many names. Notable entries include Glibrish, Gladding Cp, and Aerovo with mixed percentages. broader indices include PrudRes, Reading Ind, and Culwind. A large portion of the list records varied percentage shifts and fractional moves across multiple industries and companies.
Wheat futures fell about 2 cents as liquidation swept the Chicago Board of Trade. Trade slowed by year end with weak demand pressuring oats corn and soybeans. Nearness in prices showed slight buying late session while oil futures dipped and hedging remained light.
Wall Street fell sharply as the Dow slid 13.24 points to 953.75 amid tax loss selling and weaker earnings outlooks for 1969. Trading volume was 12.97 million on the NYSE with 1,024 declines to 376 advances. Lehigh Valley Industries led a list of 15 active issues with a 1 point gain on heavy volume.
Amex Index fell 26 cents to 32.99 as 1,036 issues traded. Of these, 624 declined, 267 advanced and 145 finished unchanged in Tuesday session.
The Commerce Department reports indicators point to another big increase in the gross national product with a fourth quarter rise likely similar to the $18.1 billion third quarter gain. Private investment growth and plans to expand capacity offset slower consumer demand as economists reassess inflation and tax effects.
Treasury, securities, and commodities report a brisk trading session. Wheat prices fall on liquidation while other grain figures show weakness. Market receipts and general activity indicate a mixed day for investors.
In Los Angeles a market note lists alfalfa quality indices US No. 1 34-36 US No. 2 State 30-22 and green alfalfa 39-32 with alfalfa cubes 37-39. Grain and hay arrivals include carrots wheat sorghum barley corn flour oats and 277 hay units.
Los Angeles livestock prices show slaughter steers and heifers steady overall. Some 1,150 lb steers closed 25 cents higher and futures for January around 28.00, with remaining items unclear in the fragment.
In incomplete text from a Los Angeles report, crucial names and figures are garbled, leaving the major outcomes and sources unclear and hindering precise attribution or dates.
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