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Odessa American in Odessa, Texas

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Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Dec 31, 1971

Page

4

Closing snapshot of NYSE stocks surveyed by AP

Yesterday on the New York Stock Exchange prices for CIT, Dow Jones components, DuPont, Coca Cola, Gulf, Eastman Kodak, Amex listings and many major firms show varied gains and losses with percentages noted. The list includes several industry leaders such as Alcoa, Pfizer, IBM, and General Electric among numerous others.

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Fragmented financial ticker snapshot with numerous listings

A dense OCR of stock figures shows varied prices, percentages, and company identifiers, including Legacy names such as Texaco, TexG Sul, and Textron, alongside others like MobilOil and Motorola. The data mixes percentages, shares, and institution codes, creating a chaotic ledger of market movement and holdings.

Dow Jones Averages and Funds Roundup Highlights

New York AP stock roundup shows Dow Jones averages movement with many fund quotations. Names such as Scudder Funds, Fidelity, American Express, West Coast firms appear alongside prices, closing levels, and day-to-day shifts.

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Markets at a glance show mixed, lower equity trading

The New York market summary reports stocks down in moderate trading while cotton is irregular. Wheat and oats are dull, corn higher late on improved buying. soybeans mixed with light activity. Several major names including US Steel, Univ Oil, and Varian Associates appear with varied quotes and daily movements.

New York Chicago

Doctor's Column on heart disease risks and tests

Dear Dr Lamb explains lifestyle factors linked to occlusive arteriosclerotic heart disease and the limits of X rays. He notes cigarette smoking, high fat foods, excessive caffeine, and weight loss as risks, urges gradual weight change, exercise, and screening tests including cholesterol measures and ECG, and recommends his book for prevention guidance.

Dr. Lamb Viking Press Madison Ave New York Lamb

Retiring Chief Advises Higher Controls Post Phase 2

Washington AP United States government wage and price controls will persist beyond Phase 2 says Paul W. McCracken retiring chairman of the President's Council of Economic Advisers. Phase 3 may be official supervision with market freedom but cost and price pressures linger. He returns to University of Michigan. Price Commission to delay rents. tenants on leases face limited increases and 30 day notice rules. Meany urges Pay Board reform. Rumsfeld predicts partial approval of a 12 percent first year wage increase for North American Rockwell aerospace workers and expects upcoming guidelines for aerospace contracts.

Washington Paul W. McCracken President’s Council of Economic Advisers McCracken Nixon University of Michigan Herbert Stein Jan. J. McCracken Price Commission Untill Maren C. Jackson Grayson Jr Aulal Commission Afl-Cio George Meany Cost of Living Council Chicago Rockwell Corp. Aerospace United Auto Workers and Aerospace Workers Union Rumsfeld Aerospace Industry

Price Panel Approves Wide Range Of Increases

Washington AP producers of machinery food and newsprint win price boosts. Massey-Ferguson gets 4.82 percent for machinery. Crown Zellerbach 5.16 for newsprint. Beatrice Foods 2 for domestic products. many firms listed with 1.51 to 11.1 percent rises across sectors from coal to circulation to janitorial services.

Washington The Price Commission Massey-Ferguson Inc Arizona Inc Pfeiffer’s Foods Inc Crown Zellerbach Corp Beatrice Foods Co International Harvester Co AMF, Inc Johns-Manville Corp General Telephone and Electronics Sylvania Harris Intertype Corp Cottrell the Magnavox Co Talley Industries, Inc U.S U.S. Fuel Co Midland Co Heast, Co San Francisco Examiner Hearst Magazine Sybron Crop Pfaudler Co Interlake, Inc New York News Roper Corp. Newark Macke Co

Market Loses Yule Glitter On Wall Street Decline

New York stocks faded as tax selling and profit taking weighed on the Dow Jones average down 4.59 to 889.07. Volume on the NYSE fell to 13.81 million shares while the broader market showed more decliners than advancers. The Nasdaq and Amex also moved lower with mixed results among big names and notable blocks traded.

New York New York Stock Exchange Associated Press Standard & Poor Daylin Delta Air Lines SCCA American Telephone Boise Cascade Fannie Mae Delita Adr Airco Litton American Stock Exchange Charter Beverly Enterprises

Mystery surrounds closed end funds in turbulent markets

Closed end investment companies intrigue investors with price gaps and murky motives. While mutual funds open and expand with new money, closed end funds issue a fixed number of shares and trade on exchanges. Analysts note gains outpace broader indexes, yet discounts and premiums remain unexplained, inviting cautious, sophisticated buyers.

Tise Dow Association of New York Stock Exchange Malcolm Smith Association

Also Mentioned on This Page

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