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Newspaper
Las Vegas Sun
Location
Las Vegas, Nevada, United States of America
Date
Aug 26, 1966
Page
18
A historical note from 1993 records a UPI report indicating a quote on silver in New York with reference to an ounce price. The brief mentions Handy and Hor in connection with the metal market.
A dense listing of mutual funds and stock figures across many funds and sectors. Entries include Am Mutual, AXE, CHANNING FOS Mid Am, Putnam, Dreyfus, Scudder, Franklin, and United Funds with prices, shares, and performance notes. broad coverage spans pensions, trusts, and wealth managers with various fund symbols and tickers.
Metal prices reported in New York show copper delivered at 0.3 percent, tin at 154.25 cents per pound, quicksilver around 425 to 435 dollars per 76 pound, tungsten powder at 98.8 percent purity about 2.75 dollars per pound, zinc prime western at 15.00 cents per pound and 14.50 cents per pound in East St. Louis.
Bonds and American, Midwest and London stock markets fell in quiet trading while cotton and grains showed mixed to lower results. Chicago wheat rose modestly while corn and oats slipped. soybeans and oats edged down, hogs and cattle traded near steady with highs noted. Dressed pork loins declined to about 2.50 lower, top 57.50.
Stock market report from United Press International shows new highs and lows, with advances and declines across exchanges. NYSE sales total 6,760,000 and bond sales 2,410,000. Market indexes fall with the Dow Jones at 792.37, down 7.18 points and the ASE and S P 500 alike down.
Treasury figures through August 22 show withdrawals of 26.03 billion dollars and a cash balance of 5.46 billion. Public debt stands at 31.49 trillion with Gold reserves at 13.29 billion. last year withdrawals were about 19.21 billion and cash around 1.59 billion at this point. Internal Revenue collections through August amounted to 4.56 billion.
In an open letter Everett Brunzell vice president of the Nevada Chapter AGC urges the Building Trades Council to convene a meeting between the Sheetmetal Workers Union and Employers to resolve the dispute. He warns Nevada construction volume is down 50 percent versus 1985 and predicts widespread delays if unresolved. The AGC is prepared to help arrange the meeting and suggests court settlement if needed.
During fiscal 1966 the Small Business Administration approved 43 878 loans totaling 646 3 million dollars according to SBA Administrator Bernard L Bou tin. SBA also supplied small business investment companies with 66 3 million dollars via subordinated debentures or long term loans. Privately owned SBICs offer equity funds or assist firms with long term loans.
Closing range for Dow Jones averages shows gains in utilities while industrials slip as rail and other sectors move. Report lists open high low and close figures for Dow, Rail, and Utilities along with bond and commodity futures activity and annual price ranges.
United Press International reports the Dun and Bradstreet daily weighted price index for 30 basic commodities. The 1990-32 average is 100 with Wednesday at 278.10 and monthly at 283.01, comparing to 276.06 a year ago and a 1966 high around 305.8 with a low near 273.66.
Standard and Poor's hourly indexes show mixed readings with several sectors listed including utilities and securities. The figures present noon, close, and previous close values across multiple categories, reflecting a volatile trading day.
Grain futures closed with soybeans down about 2 percent while wheat corn oats and rye fell irregularly on thin volume. Local liquidations and stop orders weakened markets as commercial houses sided across the board and NYSE indicators fell overall.
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