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Independent in Long Beach, California

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Jan 03, 1969

Page

12

New York Stock Exchange closes on Thursday with mixed results

Prices on the New York Stock Exchange fluctuated with broad activity across many names. Notable movers included Getty Oil, Du Pont and Union Carbide as investors weighed earnings, dividends, and market shifts amid a volatile session.

Dividends Have Tax Breaks While Savings Interest Does Not

The piece argues that dividends get a tax exclusion to reduce double taxation on stock profits, while savings account interest faces taxation as ordinary income because banks treat interest as a cost of business and do not tax the money before it reaches the saver. It discusses fairness and explains the mutual fund plan question with dollar-cost averaging advice.

Bank Savings and Loan Association

Citrus orange prices at Sunkist Growers markets vary by size

Citrus prices at Sunkist Growers reported in Los Angeles show five orange sizes with bids as follows: 72s 5.13, 88s 4.67, 134s 3.33, and other sizes 5.15 and 4.02. Markets show generally lower prices with no bid for certain lots.

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Unclear fragment prompts weather index note

Fragmentary OCR text mentions monthly wet day index and 1930-32 averages but lacks coherent event or names to describe a complete news item. No identifiable people organizations or places are securely readable to form a factual summary.

Dow Jones Averages Mixed as Markets Close

New York stock readings show a range of Dow Jones closing figures with highs around the 977 area and lows near 899 to 943 across 1968 and 1967 comparisons. Trading notes indicate slight gains and losses for various index components amid week to month shifts.

New York

Stock index report shows mixed gains and losses

The Standard and Poor index listing for 1941 through 1968 shows varied readings across industries and utilities with several groups near or above figures like 113.14 and 54.04 while rails and 500 stocks hover around mid 100s to high 50s. The data includes closing values for 425 industries and 55 utilities with scattered gains and declines.

UPI Standard & Poor Indus

Also Mentioned on This Page

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