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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Sep 17, 1966
Page
4
The market extended its six day rebound but closed with notable losses as trading slowed to 8.16 million shares amid Jewish New Year observances and weekend caution. The Dow touched a small gain while the New York Stock Exchange consolidated a decline. volume leaders included Beech Aluminum with strong early rise.
Washington reports record levels for personal income and industrial production. August output reached 156.3 percent of the 1957-59 average, marking the eleventh straight month of gains, while personal income rose sharply aided by the new Medicare program. The Federal Reserve Board notes industrial output up nine tenths of one percent in August, continuing a post October uptrend though below April and May increases. The August index stood at 144.5 percent of the base period.
Fragmented OCR text shows scattered references to coking prices and commodity terms with several unrelated names and terms. The readable fragments suggest a brief market note on price signals for Seek, Web, and related oils, but concrete figures or events are not clear. The passage includes miscellaneous names and placeholders without a coherent report or outcome.
The Commerce Department reported a 8.8 billion rise in personal income for August at an annual rate of 885 billion, driven by a 3.1 billion increase in wages and salaries and a rise in transfer payments such as Social Security and veterans benefits. The Fed noted a 6% year over year gain in personal income for the last eight months, while autos and other goods contributed to mixed production data across sectors.
UPI reports a Friday session where Dow Jones indices end slightly higher while others slip, with industrials and rails shown in mixed positions. Readers see price changes, weekly, monthly, and yearly comparisons, plus interdealer notes and market caution as investors reassess in a volatile week.
Historical OCR fragment shows a dense listing of stocks, funds, and investment entities. Names like Franklin, Keystone, Ames, and Argus appear amid fund categories and dividend notes. The text resembles a market page with fund names, ticker hints, and performance phrases, reflecting a mid‑20th century investment column.
Fragmented market notes show mixed activity with small price moves and cautious tone. Mentions of September era rates and minor shifts in various shares hint at a tentative, uneven session.
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