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Newspaper
Las Vegas Sun
Location
Las Vegas, Nevada, United States of America
Date
Aug 02, 1966
Page
14
Readable text shows broad stock quotes and fund listings. Names include Abbott, Boeing, Colgate, DuPont, Exxon, Ford, General Electric, IBM, Texaco, and many others with prices, percent changes, and fund groupings from Keystone to Franklin.
Dow Jones finishes trading with the 30 Industrials at 835.18, 20 Rails at 217.28, and 65 Utilities at 131.15 after a session showing declines. Total stock transactions recorded 778,600 across sectors with notable price ranges and closing figures per the UPI summary.
Stock trading extended declines as 1,080 of 1,407 issues fell, new 1966 lows rose to 272, and the Dow Jones Industrial Average dropped 12.20 to 835.18. Major losses hit Standard Oil NJ, Sperry Rand, SCM Corp, and electronics firms while airlines and automakers also slipped amid weak dividends and profits. Volume rose to 5.88 million shares as the market continued lower.
New York markets end sharply lower in moderate volume. Bonds mostly retreat while U.S. government issues hold steady. Commodities mix with grains firming in spots and livestock trading down across hogs cattle and sheep steady.
FPC chairman Lee C. White backed strong government control of high-voltage lines to prevent blackouts. He told a Senate subcommittee the stronger proposal would require FPC approval before interstate lines are built, aligning with a pro-consumer stance and signaling potential later reliability legislation.
Selected stocks on the American Stock Exchange show mixed results as prices and dividend notes appear for listings such as Aerojet Am Pet and Kaiser ind among others. The report lists daily figures, fractions, and notes on cash dividends and stock distributions with ex-dividend indicators.
Chicago Board of Trade closes Monday with soybeans down sharply and rye and corn mixed or lower. Wheat and corn edge lower after early strength, oats rise briefly before fading. Local houses bought August futures early while commission houses booked profits and large selling intensified late.
UPI reports withdrawals totaling 11.6696 billion and deposits of 8.3463 billion for the canal fiscal year ending July 27. Public debt stands around 320.193 billion with gold holdings noted, while last year’s figures included withdrawals 8.4389 billion and cash balance about 6.3904 billion. internal revenue collections hit 780.752 million. Silver trades at 129.3 cents per ounce.
Metal prices list copper electrolytic delivered 35.82 to 36.00 cents per pound plus refinery figures. Manganese 99.9 percent purity 28.85 cents per pound for 1 to 20 tons. Quicksliver priced 410 to 425 dollars per 7 pound flask. Tin prompt delivery 158.25 cents per pound. Tungsten powder 93.8 percent purity 2.75 dollars per pound. Zinc prime western New York 15.00 cents and East St. Louis 14.50 cents per pound.
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