Middletown Securities and LADD Members on NYSE
Middletown Securities and LADD Members announce open NYSE membership discussions. Phone contact listed as GA 2 4571 for inquiries.
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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Oct 11, 1965
Page
10
Middletown Securities and LADD Members announce open NYSE membership discussions. Phone contact listed as GA 2 4571 for inquiries.
Live cattle and calves active with steers and heifers up 53 cents to 27.00 per 100 pounds. Cows and bulls steady to weak as hogs move slowly with most of the run unsold, lamb prices stable across classes.
The report lists eggs by size and grade in Ohio and Indiana after candling and grading. Prices paid to country plants delivered to major Ohio cities and retailer delivery figures are given for loose and carton formats across large, medium, small and grade A or B classifications.
Reader questions about reallocating wealth from U S Steel to American Telephone and diversification to American Electric Power. Advisor recommends broader diversification, replacing Big Steel with utilities, and suggests tax exempt bonds for cash, citing Town of Natick 3.30s 1980 and California 3.30s 1980 as potential buys. Spear promotional offer included for his guide.
A panel of Steel Magazine economists predicts 1966 GNP to reach 702 billion dollars up 33 billion from 1965 powered by consumer price hikes and Vietnam war demand. They caution against steel price hikes while noting ongoing slower steel production and a six week drop in output. The Vatican Swiss Guard notes heritage dating to 1506 as the world’s oldest army.
Industry faces a maze of price changes as excise tax cuts, mandatory safety equipment and the phrase comparably equipped complicate comparisons with 1965. Automotive News estimates show GM down 0.22 percent, Ford near flat, Chrysler up slightly after accounting for added equipment.
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