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Independent in Long Beach, California

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Jun 04, 1968

Page

19

Retirement Plan Aims To Provide For Life Not Heirs

A reader at 72 contemplates a lifetime fixed annuity funded by savings and stock proceeds to boost annual income. Annuities offer guaranteed monthly payments but do not hedge inflation, benefiting current living expenses while risking loss of capital for heirs.

Steel Use on Uptrend

New York Times Service reports Pittsburgh steel users took record quantities last week with shipments trending to 29 million tons in Q2, beating the prior 27 million ton quarterly high. Imports rose to 1.48 million tons in April and 4.88 million tons in the first four months of 1968, signaling a potential 17 million ton full-year total.

Pittsburgh

Market Ledger Signals Mixed Grain and Livestock Moves

In Los Angeles Altalta US No 1 and US No 2 grain grades show narrow ranges with No 1 oats around 35.00 to 37.00, while hay and carrot arrivals list several figures. In New York stocks show active trading and Chicago futures trend lower on wheat soybeans and livestock, with steers down about 25 cents and receipts near 9,500 at a top of 28.50.

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Citrus Market Report Shows Stable Orange and Grapefruit Prices

In Los Angeles citrus market notes from UPI and FSMNS, oranges and grapefruit held steady. Southern California district quotations list Ist ellSs and rarer at 5.40 to 5.50 for lemons, 140 to 1655 for other grades, with choice fruit 200s and larger around 4.00.

Citrus Los Angeles Upi-Fsmns Lemons Wesker Lenone Southern California

Retailer to consumer price listings fragment

A fragment lists price brackets for large and medium sizes. It shows distributor and consumer ranges with codes such as AA and Lg, along with measurements 3442-392 and 29 2- Ma, indicating a pricing schedule. The text is partial and context limited.

Los Angeles cattle market sees varied sale prices

Weekly feed lot and range sales for week ending May show choice slaughter cattle in limited supply and weaker calf values. Slaughter steers in loads around 1025 lb fetch 27.50 to 27.25, 1125 lb at 27.00 for 30 day delivery, with 405-450 lb calves at 28.00 and 375-400 lb heifers at 25.00. Yearling steers mostly 27.50-28.50. other weights and grades vary as outlets remain limited.

Los Angeles UPI FSMNS

Glamor issues favored as market climbs on tax hike hopes

Stock prices rose in heavy trading led by high priced glamour issues. Analysts cited no major news and a tax hike expectation after Johnson accepted spending cuts and a 10 percent income tax surcharge. Dow up 6.38 to 905.38. rails and oils showed notable gains amid broad advance.

New York UPI Johnson Dow Jones Glen Alden Hooker Chemical Occidental Petroleum Pennzoil United Atlantic Richfield Superior American Stock Exchange

Washington cash positions May 28 1967 report

AP copy shows federal cash position with balances for May 28 and May 26 1967. Balance totals around 7.196 trillion and 7.043 trillion dollars. Deposits and withdrawals reflect fiscal year totals, with debt figures cited and noted as not subject to statutory limit.

Washington Sec Eeary

Also Mentioned on This Page

the Daily Investor William A. Doyle New York Times Service Board OF Trade Dun & Bradstreet United Press International Olent Statham Transairco Voot Vulcan SteinHal Transcon Mipa Stetma Wee Wacknhut Stepan C Weiman Struthr Uneir Elect Ip Corp Sia Es Superert Union Corp U Westen Seth Leit Boris Bien Texstar Robert Kennedy Tom Lynch Kennedy Lynch Hubert Humphrey Leo IBM Burroughs Honeywell Con Roy Milwaukee Boston & Maine Pacific Coast Exchange M. S. Walker & Co Exeter Anorguna Niguel McCulloch McDoul-Douglas Menasco Merce Ba Newlaria Nor Norris On We Occidenta Ronr Corp Signal Trico O & Whittington Oil Ane Jim Walters Maremont Corp St LouSti Cst Scott&Fetzer Usnatbk Ore Treasury Report California Pine Ave Long Beach John P. Colburn UU Vey Ln Diversified Securities, Inc DAC Investment L.B. Blvd PSAS San Francisco Oakland San Jose Sacramento San Diego PSA Statesman’s Club the Statesmans Serar State Mutual Savings State Mutual Savings £ Loan Association
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