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Newspaper
Las Vegas Sun
Location
Las Vegas, Nevada, United States of America
Date
May 07, 1965
Page
22
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Las Vegas resident Pete Kubena unveils a 60 foot illuminated Stand ard Auto Sales sign for the 1716 BF Fre mont Street site. Kubena, former Kelly's Auto Sales general manager, will stock near new cars and transportation vehicles at Standard Auto Sales.
Sears Roebuck and Co. employees in the Las Vegas area learned their profit sharing pension fund totals 1,511,208. William R. Ball, Sears manager, disclosed the figure at a meeting of fund members and presented statements outlining each member’s share and account value.
Chicago traders saw soybeans weaken to new lows late in the day while wheat and corn held firmer. Early buying supported wheat, with a large elevator house contributing to May tender strength, and corn drifting under long liquidation. Rye rose on short covering as May contracts dominated trading references.
UPI reports selected stocks on the American Stock Exchange with prices and percent changes. Listings include Am Allied Cont, Am Pet, Croeole, Fargo Oils, Syntex, Technien, and others showing mixed gains and losses in a brief, market-wide snapshot.
The report presents a fragmented index from Dun and Bradstreet for commodities and base prices with mixed figures. No clear dates or verifiable values are readable, leaving the specific index levels and period details uncertain.
New York traders and investors pushed the market higher with gains led by blue chips early, then fading as the session progressed. Dow Jones rose 1.30 to a fresh peak of 933.52 while S and P 500 gained 9.21 to 89.92. volume was 640000 shares. RCA led activity with 215600 shares as its chairman Outlook hinted at record 1965 profits.
New York trading shows varied results across sectors with gains in some names like Union Carbide and Du Pont, while others such as Texaco and American Home Products post declines. The day’s activity features prominent moves in blue chips, mutual funds pricing, and closing averages reflecting fluctuating investor sentiment.
UPI reports varied metals prices with aluminum at 24.50 cents per pound, copper around 33.8 to 34.0 cents, nickel cathodes at 79.00 cents, lead near 14.00 cents, tin prompt delivery at 25.0 cents, zinc around 14.50 cents, and other items including antimony 44.00 cents, manganese 29.25, and quicksilver $560-600 per flask. Prices cited FOB Laredo, Port Colborne, and New York delivery locations.
A Las Vegas Sun compilation with Eastman Dillon presents Nevada stock performances. Includes market movers, notable gains, and percentage shifts across major exchanges. Highlights list of enterprises, sectors, and economic indicators shaping Nevada trading activity.
Handy and Harmon quote silver at 199.5 cents an ounce in New York, unchanged from Wednesday per UPI reports.
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