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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
May 11, 1968
Page
13
The week’s transactions on the American Stock Exchange are summarized with notable activity across listed issues and market movements reflecting trading interest. Details include price changes, volume shifts, and sector performance noted by exchange reporters.
A dense, fragmented page shows numerous securities, company names, and figures. It lists stocks from Fisher Scientific to Alaska Air and many industrials with fractions and percentages, reflecting a busy market board style of the era. The readable bits mention names like Fisher, Capital, Alaska Air, Allied, Electrolux, and Union, with price-like figures scattered amid the jumble.
The market climbed to a 1968 high early week on tax cut hopes and government spending cuts, then eased to a weekly loss as rumors of Soviet troop movements spooked investors. The AP 60 stock average reached 331.3 midweek, the Dow 912.91, and the S&P 500 around 98.50.
Investment trusts and investing companies in New York report bid and ask prices for numerous funds and securities. The listings show figures for Am Inv, Am Mut, Am Pac, Anchor Cap, Fidelity, Loomis, Select Cat, Growth, and more, with bids and asks spanning range. Several funds indicate unavailable quotes, while others show modest price differences signaling trading activity and market breadth.
Treasury report compares May 6 1967 cash position to May 5 1967 with assets and deposits. It lists fiscal year deposits 135,061,000 and withdrawals 155,520,728.54, totals around 347,625,104,442.37 and 328,498,226.7 for different lines, plus gold assets about 10,484,041. Includes debt not subject to statutory limit.
Los Angeles reports mixed lines on commodities with sorghum and grain shipments. Flour imports noted but figures appear incomplete, reflecting ongoing market uncertainty and potential price effects for local bakers and mills.
Oranges and lemons price notes appear in a garbled Los Angeles market blurb. The unclear text references grades and per hundredweight figures around 140s to 200s and 5.00 but lacks complete data.
Closing prices for Pacific Coast Exchange on May 10 1968 show activity across listed securities. Trading floor notes indicate modest gains for several issues with gains led by technology and consumer goods groups. Brokers report steady volume and cautious optimism amid market volatility.
The report lists active stocks with figures showing percent changes and trading times. It highlights groups such as Gulf, Luna, Allis, and Yea Mi Low with varying moves and percentages across the week.
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