Market Downturn Nets Tax Losses Across Wall Street
Tax loss selling muted the market as week ends with a sizable overall decline. Dow fell to 798.47, Nasdaq-like indicators drifted, volume surged to 36.93 million shares while issues advancing outnumbered decliners. Major players Sperry Rand and Fairchild Camera led activity amid weak economic signals.
MENTIONED IN THIS ARTICLE
New York
UPS
Standard & Poor
New York Stock Exchange
Sperry Rand
Fairchild Camera
Mutual Funds Price Listings Include Wide Range of Funds
National Association of Securities Dealers price list shows numerous mutual funds with bid and ask quotes, including Am Grth, Fidelity, Franklin, Putnam, Scudder, Stein Roe, and Vanguard families. Readouts cover Am Inv, Dow Th, New Eng, Nat Sec Ser, and others with varied price changes.
MENTIONED IN THIS ARTICLE
New York
UPI
National Association of Securities Dealers, Inc
Adern
Pac
Asso
AXE Houghton
Axe H
Axe Sci
Blue Aid
Bnd
Broad St
Bullock
Can Gen
Cap Inc
Cap Life
Channing
Balan
Incom
Chase
Citadel
Commonwlth
Cw Cap
Cw A&b
Cw C&d
Cwth
Casum
Corp Ld
Crown W
IdeVon M
Dela Fd
Gr . Coat
Divid Sd
Dow Th
Dreyfus
Eatn
Fed Grth
Fid Fund
ELF
Franklin
Fnk Cm
Fok BP
Fok
Fnk
Fund Am
Aerosp Com St Ful Ad Grth Ind
Grypha
Guard
Hamada
Horace
Imp Cap
Imp
Inc Fd
Inc Bost
Ind Trad
Ins & Bok
Inve Am
Inv Bos
Invest Group
Mut
Select
Inv Res
Istel Fd
Jhnstn
Keystone
Intl
Knikr
Knk Gth
Lazard
Morton
Inc
NAT Sec Ser
Bond
Divid
Pt Stk
Stock
Grwth
Nat Wst
New Eng
New Hor
One Wm
Opph
Penn Sq
Peoples
Philand
Pine St
Pioneer
Price TR
Grth
Rep Tech
Revere
State St
Sted S&g
Sted Am
Stein Roe
Stein R
Stein In
Stein St
Stein Inv
Telev el
Tmptin
Tex Fd
United Funds
Accu
Scien
Aos UN
Whith
Wndsor
Wintid
Wiscon
Grain futures mixed as rye and corn slip on Chicago Board
Rye and corn closed irregularly lower while oats, wheat, and soybeans showed varied moves on the Chicago Board of Trade. July wheat fell amid stop loss selling by commission houses. January soybeans rose to weekly highs as demand remained modest and spot corn held firm.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Microcard Exhibit In Germany With 27 Other U S Firms
Microcard Corp of West Salem joins 27 other U S firms at a U S Trade Center exhibit in Frankfurt Germany. The event, running through Wednesday, is sponsored by the Department of Commerce to capture a share of West Germany's 169 million dollar market for document processing equipment. Attendees include Bell and Howell Polaroid Kodak Xerox Sperry Rand and Minnesota Mining.
MENTIONED IN THIS ARTICLE
NEW Y K
Newark Stock Exchange
AbexCp
Shell Oil
Sheller
Shellerm
AlliedSt
Hess
Amerada
Hilton H
SouthCo
Aijrl
Hiltonintl Si
Sonatg
Holf Electa
Sthney
Honyw
Spartind
AmCyan
Sperry
Hooker
Hoover
Amer
Stentw
Imperial Cp
Stone&ww
No Rand
Studbkr
Inland Sui
Amt&t
Srydx
IBM
Sup Oil
Ametek la
Swift & Co
Ampex Co
IntNick
Armur
Texetr
Arm C
Tek Corp
Txgast
TVS Sonnsm
Texinstr
Jones L
Atlastin
Maens
Texutil
Textron
Atlas Corp
AvcoCo
Timlin
Baners
Transitron
Kennecott
Air 4
Boeing
Boise Cas
UnCorp
Libby Mc
Ushoe
Bourns Inc
LiggettMy
Lionel Corp
el US Indus
Brunswick
Lockhol
Loews Thor
Budd Co
Lonescem
US Smelt
Bulova
Lonesg
Usssteel
Burling
Ustob
Burroughs
Lorilird
Util
Lou Nash
Upjohn
Calif Pack
Lukens Sti
Utahpl
CalHcla
Mack Trk Si
Vanad
MacyCo
Varian Asso
EnPoc
Caropl
Magma
VictorCo
Sia CardTel
Magnox
Cartrw
Marshall
Ava
Walworth C
CaterTr
Martin Ma
Ye Warn Lam
Iar
Massey F
Mclean
Mead C
Weyerh
Merck
MGM
Whiripi
Chi Ri&pac
MidSoft
Chrysler
Wilson&Co
Woolworth
Woolworth 1 103 19% W9 2 19— “a Cities Sv 1.80 185 44\e 438 av’ ve Minn P&L
Mobildl
CocaCo
Colgatep
Masto
Wat
Zenith la
Collins
Col Intg
MontPr
CBS
MontWard
Col Gas
Morrell
Motorola
NEW York
UPI
ComSiv
Mt Fuel
American Stock Exchange
ComwEdis
MtStTel
Com Sat
MurpCo
Aerojet Ams
Ene AlidCont
Anelex Corp
Val Arklag
Asso Oil&g
NatGyps
Belitcn
NatSteel
Clary Corp
Dixilyn Cp
MegaCorp
NiagMo
Fargo Oils
Norf&Ws
FedRest
Ve “E Cudahy Co
Noama
Felmont Oi
Curtiss Wr
Firth St
Cyprus
Flyng Tiger
DanaCo
Frontiera
Northrope
NwstAirl
Deere
Va Kaiser Ind
Del&h
Ohio Ed
Se Kirby Pt
DetEdis
Okg&e
Lee Nation
Va Meadins
Otis el Co
New Park
Doug's
Owensc
Dresser WM
Signaloila
Sontone
Pan Am
Statham Ins
Eatone
Panholl
Syntex
Technico
Eltra
Peabody C
Johnsn
Penney
Utahi S
Erie Lackw
Penn
PepsiCo
Pair
Pfizer
FairHir
Phelps
Fairmont
PhilaEt
FedMog
Phil Mr
PhilPet
al Firestn
Pillsbry
Piper
Fiintkotec
FNC Co
Procter
Fdfairs
Va Raython
Reviow
Rexall
Reyn Tob
Riegel
Gen Tire
E Rohr Co
Royid
GaPacife Ig
Rubroid Co
Gillette
Safewy
Goodyr
StrosLd
Schering
Scott Papr
Sbrdal
Sears Roe
Microcard Corp
West Salem
United States
Frankfurt
Germany
U.S. Trade Center
U.S. Department of Commerce
Microcard
Bell and Howell
Chicago
Polaroid Corp
Cambridge
Mass
Minnesota Mining and Manufacturing
St. Paul
Eastman Kodak
Xerox Corp
Rochester
Webster School PTA to Hear City Pastor
Rev. Wayne L. Grover of Asbury Methodist Church will speak at the Webster School PTA meeting on Tuesday December 6 at 8 p.m. His talk previews a Europe tour including a 17 day Russia visit and will include the film A Badger Among Bears. A candy sale precedes the meeting and refreshments will be served.
MENTIONED IN THIS ARTICLE
Wayne L. Grover
Asbury Methodist Church
Webster School
PTA
Mr. Grover
Europe
Russia
La Crosse Y Teens Prepare Hanging of the Greens
The La Crosse Y-Teens will decorate the YWCA for Christmas from 2 to 4 p.m. Sunday. They will sing carols and serve hot chocolate and cookies after completing the Hanging of the Greens. The group has assisted Santa by replying to many Christmas letters.
MENTIONED IN THIS ARTICLE
la Crosse
YWCA
Santa
Markets At A Glance From New York Closing
Standard and Poor s index summaries show Friday closes with stocks lower in moderate activity and bonds irregularly higher. U S government bonds rise in quiet trade while American and Midwest stocks slip. Commodity futures turn higher for cotton while grains and livestock move mixed across Chicago markets.
MENTIONED IN THIS ARTICLE
Ind
Util
Stks
NW Am
New York
U. S
Midwest
London
Chicago
High income tax myths debunked by Brookings study
Sylvia Porter reports a Brookings Institution study showing that most high earners work standard hours, few cut effort due to progressive taxes, and wives’ work decisions are not driven by higher tax brackets. The article argues preferential tax provisions are rare within the wealthy, suggesting tax simplification would largely affect a small group.
MENTIONED IN THIS ARTICLE
U.S
Brookings Institution
Hall Syndicate Ing
Aquinas Yule Album To Be Released Soon
The Christmas album by the Aquinas Choir Chorale Sophomore Chorus and groups directed by Sister Alicita will be released early in December by Delta Recording. The record will be sold at Leibold's Danny's Community Camera in La Crosse and through Aquinas Choral Department members.
MENTIONED IN THIS ARTICLE
Aquinas
Discords
Alicita
Delta Recording
Leibold's
Danny’s
Community Camera
la Crosse
Aquinas Choral Department
Country singer Barry Young dies at 35 in California
Burbank California reports Barry Young a 35 year old country and pop singer died Friday four months after brain abscess surgery. The AP notes his death follows medical treatment and highlights his music career.
MENTIONED IN THIS ARTICLE
Burbank
Calif
Barry Young
Also Mentioned on This Page
la Crosse Tribune
Checa Crosse Tribune Business Market
Johnson
American Exchange
Wall Street
Federal Reserve System
Dow Jones
Nyse Indexes
NYSE
Quotron Service
United Press International
Dow-Jones
United Ye International
RAMS
Treasury Report
API
Japan Fund
CIT Financial
Gen Motors
Pan Am WA
Tex G
Washington
Treasury
United Press
Pet. Cig
Standard & Poor's
UPI Telephoto
Chicago Grain
IGA
Quillin
Edward Quillin
George Dresen
Fern Buchholtz
Larry Elsen
Bob Loberg
Gateway Foods
Tribune
Standard & Poor's Indexes
Standard & Poor’s Indexes
Standard & Poor’s
Sylvia Porter
By Sylvia Porter
Nore
Caa
Imperial
Eversole-Rogers, Inc
Cass Sts
DIAL