Nixon Thieu talks weigh on stocks as banks raise margins
Uncertainty from the Nixon Thieu meeting dragged the market down this week. Banks boosted broker loan rates to 8 percent from 7 to curb margin buying, while volume rose on the NYSE and profits in other indices fell. The Dow lost 12.79 points, the AP 60-stock average slipped to 329.6, and the NYSE composite and S and P 500 also declined.
MENTIONED IN THIS ARTICLE
United Press
New York Stock Exchange
Jack Lefler
NEW York (Ap
Nixon
South Vietnam
Thieu
Hornblocher & Weeks-Heumphill, Noyes
Morgan Guaranty Trust Co
New York
Mutual Funds Reading & Rates Active on Big Board
Mutual Funds Reading & Rates, announcing acquisition of two Indonesian oil field interests, led the Big Board with 1,058,000 shares. It rose 11 percent to 41 while Standard Oil Ohio advanced 27 at 98 percent on 874,500 shares. British Petroleum down 3 at 18 percent on 1,119,800 shares led the American Exchange.
MENTIONED IN THIS ARTICLE
Reading & Rates
Standard Oil
Ohio
British Petroleum
American Exchange
NEW York
UPI
Codyrt
New York Stock Exchange
Grace
Grand U
AcmeMk
Grantw
Grta&p
Adresso
OrRock
E— Va Admiral Cp
Otis EL Co
GtNorRwg
Greyho Cp
Pac Gas
ValGrumman
Paclc
AlliedSt
Val Guif Oh
Allis Chaim
Gulf&Ws
Pct&t
Pan Am
Penney JC
Hess Oil
PennDix
PepsiCo
Pfizer
PhilaEl
Amer Motor
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AmetGas
Hoover
PhilPet
Amt&t
Idaho
Ppgiind
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Am Zinc Co
Purola
Imperial Cp
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Ralston
Armour
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RCA Corp
Va Asso Trn
Reading Co
Va Revion
Amrich
ReyMet
Atlas Corp
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ReyTeb
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Ye Itek Corp
Riegel Pap
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Robshaw
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Rohr Cp
Jostens
Beckm
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Stros Ld
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Schering
Bost
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Schium
Dow Jones
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arMid
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GnFold Www
Wst Nuclear
St Francis to honor 103 employees and 20 nuns at river trip
Leona Goetzinger, a 36 year St. Francis Hospital veteran, will join 102 other longstanding staff and 20 nuns for a June 17 recognition dinner aboard the River Queen. The group will sail the Mississippi from La Crosse to Dresbach, Minnesota, from 4 to 6 p.m., with dinner served during the trip.
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Leona Goetzinger
St. Francis Hospital
Mississippi River
la Crosse
Dresbach
Minn
Markets Slip as Stocks Bonds and Commodities Ease
NEW YORK markets close Friday with stocks lower in moderately active trading and bonds mixed. U S government bonds down, American stocks down, London shares easier. Cotton futures down, Chicago grain mixed with wheat off 1 %, corn down 4 to 4 %, oats down 1 4 to 1 2. Cattle steady top $36.75, sheep steady top $32.00.
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New York
UPI
U.S
London
Chicago
Allis-Chalmers Annual Meeting Adjourned to June 16
West Allis Wisconsin Allis Chalmers Manufacturing Co reconvened annual meeting adjourned to June 16 pending court outcome. The postponement follows a federal court order delaying the May 14 meeting. AC has filed antitrust suit to block White Consolidated Industries from gaining control.
MENTIONED IN THIS ARTICLE
West Allis
Wis
Allis-Chalmers Manufacturing Co
Allis-Chalmers
White Consolidated Industries
Stocks Tumble As Dow Falls Friday
The stock market slid again this week with the Dow Jones average of 30 industrials down 12.79 points to close at 924.77. The AP average of 60 stocks dropped 4 points to finish at 329.6 AP Wirephoto.
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Associated Press
New York Stock Exchange
Standard & Poor
Unclear Financial Data Row From United Press International
The provided OCR text shows fragmented stock and index figures with symbols like NOW and Pet, not forming a coherent news item. It appears to be a corrupted financial data block containing multiple price points and percentage changes without a readable narrative or identifiable events.
Gateway Foods Names Alan Scott Advertising Director
Gateway Foods Inc has appointed Alan K Scott 1510 Main St as director of advertising. Scott joined Gateway in 1966 after a 3 year Air Force Europe tour and worked from the IGA distribution center to the advertising department. He oversees creation production and coordination of all advertising for Gateway and 100 IGA stores in the Tri State Area. Scott a La Crosse State University psychology graduate is married to Pamela L Scott of Howick New Zealand and they have one daughter Marcia.
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Gateway Foods, Inc
Alan K. Scott
Main St
Scott
Gateway
Europe
Air Force
IGA
Tri-State
la Crosse State University
Pamela: L. Scott
Howick
New Zealand
Marcia
UPI Market Indicator Shows Decline On Friday Close
The UPI Market Indicator, based on Quotron Service calculations, fell 0.63 points from the prior close using April 1 1966 as a base of 100. The Friday close stood at 122.64 with 429 advances 904 declines and 244 unchanged across 1577 issues. Total volume reached 12.52 million shares.
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NYSE
Quotron Service
Advertising roundup in La Crosse Tribune weekly
A scanned advertisement page lists brands and sponsors such as Barclay's Brandy Canadian Club Capp Homes Carlton Press Chevrolet Chicago Milwaukee St Paul & Pacific R R Dairyland Power Cooperative Fairway Foods First Wisconsin Charge Card Geo A Hormel & Co Hiram Walker Jim Beam Kal Kan Kellogg's Corn Flakes Piper Aircraft Corp Reading Dynamics Institute Remington Electric Shavers Road America Speas Vinegar Sprite Clipp ey Volkswagen Wisconsin School of Electronics for the June 7 1969 issue.
MENTIONED IN THIS ARTICLE
Barclay’s Brandy
Canadian Club
Capp Homes
Carlton Press, Inc
Chevrolet
Chicago, Milwaukee, St. Paul
Fairway Foods Fasteeth
First Wisconsin
Geo. A. Hormel & Co
Hiram Walker
Hong Kong
Custom Tailors
Jim Beam Kal Kan Kellogs
Kessler
Lincoln/Mercury
Piper Aircraft Corp
H Reading Dynamics
Remington Electric
Road America, Inc
Speas Vinegar
Sprite
Ss. S. Milwaukee
Clippey
Volkswagen Wisconsin School of Electronics
Wisconsin business briefs cite bank hires and plant deals
Hillsboro based Farmers State Bank names Brian Richardson assistant cashier returning from Thorp Finance. La Crosse district AAL rep Richard C. Emery earns a first year sales trophy of 931012 in insurance. Tomah barber shop sales complete with new owners. Freisinger attends Aetna Corps meeting in Buck Hill Pa. local life underwriters group member.
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Hillsboro
Wis
Brian
Richardson
Farmers State Bank
Thorp Finance
Darlington
Richard C. Emery
la Crosse
Aid Association For Lutherans
Emery
George H. Freisinger
S. 20Th St
Aetna Life & Casualty
Aetna
Corps of Regionnaires
Buck Hill Inn
Buck Hill
Freisinger
Western Wisconsin Association of Life Underwriters
Summer bus tours from La Crosse to Wisconsin and Minnesota
A series of bus tours from La Crosse Wisconsin to multiple Wisconsin and Minnesota destinations is planned for this summer. Dates include June 18 House on the Rocks Little Norway and New Glarus trip. July 4 Minnesota vs Oakland game. July 9 Minneapolis. July 16 Wisconsin Dells. August 20 Minneapolis. Departures and returns sit at 7:30 a.m. or 8 a.m. from the bus depot with various return times. Inquiries to the Greyhound Bus Lines depot.
MENTIONED IN THIS ARTICLE
la Crosse
Wisconsin
Minnesota
House On the Rocks
Little Norway
New Glarus
Oakland
Minneapolis
Wisconsin Dells
Greyhound Bus iLines
Chicago Grain: Wheat Down Slightly As Soybeans Mixed
Wheat slipped about 1 percent to 134 cents a bushel on the Chicago Board of Trade as hedge selling and outside liquidation pressured futures. Corn and rye eased modestly while oats and soybeans moved in mixed fashion with light activity in older contracts and advances in some months.
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UPI
Chicago Board of Trade
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