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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
May 18, 1968
Page
13
The week's stock page shows extensive listings across aerospace, oil, indust and finance sectors with prices quoted for Aerojet Aero Chati Alaska Air Allied Chemical and many others. Trading activity spans numerous corporations including Kennecott, Daitch Dairv Indus, and United Fruit with varied price movements and percentage changes noted.
The market posted its second weekly decline as technical factors joined news of deferral on a tax bill and spending cuts. Gold prices topped $40 an ounce abroad, lifting gold miners and shaking currencies, while bonds fell and rates rose. Dow fell to 898.98, NYSE volume 63.03 million, AP average 329.5.
The analysis flags a slide below 900 to 905 ahead of a potential pullback to 880 890 with no strong rally expected soon. Penn Central and Northwest Industries show near to medium term upside targets 88 90 and 170 175 respectively amid ongoing accumulation and consolidation.
Exchange report dated February 17 1908 lists prices and values for multiple oils and stocks. Names mentioned include Anza Tiicestills and 574 000 total, with company abbreviations and figures reflecting market activity.
A dense list of insurers and financial firms appears, with varied percentages and footnoted holdings. Names include Aetna Life, Hartford, Chubb, CNA Finan, Franklin Life, Jefferson, Lincoln National, National Union, Travelers, Safeco, and many regional underwriters. The snippet shows products, reinsurance, and investments across life and casualty sectors.
Fragmentary OCR notes show a trade item listing distributors and prices tied to metal stores and ranch goods. References include a 329-37 code, items labeled small and large, and 10 percent adjustments on weights or prices.
In Los Angeles and Chicago market notes several grains and products show varied quotes. Hay prices range around 38.00 per unit, with US No 2 at 31.00 to 32.00 and 36.00 in other quotes. Carload sorghum, corn and flour prices appear amid abbreviated listings and unclear decimals.
An unreadable fragment mentions a Citrus Market in Los Angeles with unclear details. The text references a market event or action but lacks coherent information about dates people or organizations involved.
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