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New Castle News in New Castle, Pennsylvania

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

New Castle News

Location

New Castle, Pennsylvania, United States of America

Date

Jun 30, 1967

Page

6

Stockmaster System Installed by Local Firm

Morton Silverman of Pickard and Company says his firm has installed a new electronic quotation system named Stockmaster to provide area investors with in depth stock and commodity data. Ultronic Systems Corp conceived Stockmaster, which quotes prices from major exchanges and over the counter, plus earnings, dividends, shares traded, Dow Jones averages and S and P indexes. A Philadelphia suburb computer center supports 23 slave computers in major cities and regions, delivering data to desktop units in brokers’ offices in about one hundredth of a second.

Morton Silverman Pickard and Company First Federal Plaza Stockmaster Ultronic Systems Corp New York American Ultronic Philadelphia U.S Canada Europe

Business failures rise as 1967 starts in U.S. economy

Babson Park report shows first quarter 1967 failures reach 3,623 with $340.9 million in liabilities, an 11.3 percent rise from 1966. Experts warn if trend continues, total failures could near 1.5 billion and stress surviving firms amid higher taxes and costs.

Babson Park Mass U.S

Stock market slips at opening on New York Exchange

New York stocks opened lower as the UPI indicator showed a 0.08 percent decline with 902 issues traded. Boeing and McDonnell Douglas fell while several names moved mixedly. Xerox and Union Carbide advanced, Du Pont and Bethlehem dipped, and Ford rose slightly amid a broad downturn across steel and chemical sectors. The New Castle Free Public Library will be closed July 4 in observance of the holiday with an early 5 p.m. closing time.

NEW York UPI New York Stock Exchange United Press International Boeing McDonnell Douglas Braniff American Motors General Motors American Motors Ford Chrysler Bethlehem U.S. Steel Xerox Texas Instruments Air Products Air Reduction Allegheny Commonwealth Edis Consolidated Cigar Consolidated Edison Consolidated Nat Gas Continental Can Copperweld Steel Crucible Steel Curtiss Wright Dow Chemical DuPont Ly Eastman Eric Lackawanna de Firestone General Dynamics General Electric Brig General Foods General Telephone Goodyear Great Atlantic & Pac Greyhound Gulf of Ingersol Rand Ky International International Tel&Tel Island Creek Coal Jones & Laughlin New Castle

Market views warn against chasing speculative stocks

Edward A. Viner & Co. expects a sharp market decline may not cure the speculative mood on the American Stock Exchange. Wright Investor's Service advises against profits from overbought shares in the coming summer rally. Bache and Co. notes possible further consolidation as economic developments fail to lift prices. Favorable seasonal conditions are seen to start soon.

New York UPI Edward A. Viner & Co American Stock Exchange Wright Investor's Service

Also Mentioned on This Page

Oscar Levine Chicago Tne Francis T Delaney Mosler Clarke Union Plaza Shop Big Ppliance Center Call’s Plaza Joy Manufacturing Kennecott Koppers Kroger Latrobe Steel LOF Glass Lorillard Don Dyls Mobil Oil Lot Monsanto Ny Montgomery Ward My Murphy Co National Dist New York Central Norfolk & Western North American Av North American Coal Peabody Coal Penney Penn G Penn PL Pennsylvania Pittsburgh Timken Roller Union Carbide United Airlines Uniroyal US Steel Weis Wvap&p Western Union Westinghouse Air Br Westinghouse Elec Wheeling Steel Xerox Corp Youngstown S & T Zenith Be & Library Idea Magazine Meat Cook Book Castle Stationery Co E. Washington St Wall Street Charter Gustav’s Croton Ave Angel Food Briggs-Stratton Cotte E. Washington Street Noe Ceva LT
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