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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 08, 1973
Page
10
The afternoon session at the New York Stock Exchange shows broad price activity with many stocks recording fractional gains and losses. Major names including Ampex, Boeing, Coca Cola, General Electric, IBM and Pfizer display mixed results as investors weigh ongoing economic signals and earnings updates.
The American Stock Exchange highlights a dense array of tickers and fractional changes across diverse sectors. The summary lists numerous companies including ArkLGs, Cinerame, CredP, Frontier, Gen Plywod, and Husky Oil with varied percentages and figures, reflecting a broad market snapshot and the day's trading flavor.
Chicago AP reports mixed futures across grains and oils with Wheat trading near 2.60 to 2.78 in December and March months, Corn around 2.00 to 2.32, Soybeans showing varied bids up to around 10.74 for August and 6.37 for November, while Soybean Oil and Meal display fluctuating prices through July to January contracts.
Noon quotations from the National Association show inter dealer bids across multiple securities and firms. Listings include CAPITAL SOUTHWEST Franklin Life Keystone Valve Howland GIA CO Peerless Mfg and other entities with varied price points and percent figures, reflecting a snapshot of trading activity.
Friday evening lecture outlines profit potential in commodity double options. The talk explains how premium, writer risk, and margin calls affect speculation in silver copper sugar cocoa plywood and other markets. Presented by Jone B at 7:30 PM at Sretereser Breter Hori mberd Coll Mie with emphasis on future potential.
A listing of mutual fund prices and allocations supplied by the National Association of Securities Dealers shows daily values for numerous funds and fund families. Prices reflect assets and potential sale values, with numerous entities including Fidelity Group, American Express, Scudder Funds, and State Street cited among the holdings.
AP notes rough figures for New York stock activity with mixed results. Data shows various totals by year and month including 1972 1974 aggregates and daily numbers, highlighting ongoing trading activity and year-to-date totals.
A jumbled AP style data snippet lists numbers related to rats, odds, and monetary amounts across regions and dates. It references entities such as Mich, BR, SD, and Weeb Azad with various sums like 230 and 3205.80, but lacks coherent narrative or complete facts.
The eighth annual Andrews Gospel Sing features the Blackwood Singers of Nashville with the Brooks Singers, Soul Searchers, Hazens and Baptist Bible Singers in concert at Mustang Stadium. Gates open 6 pm, show starts 8 pm. Advance tickets $3 adults $2 children. at gate $3.50/$2.50. Advance sales in Odessa, Gibson Discount Center Grandview 10 am to 3 pm Saturday.
Iraan Chamber of Commerce sponsors Alley Oop Day at Alley Oop Playland on Saturday with Miss Oola and Miss Stone Age pageants at 9:30 p.m. at the Iraan swimming pool. Activities include mule races, bike races, goat sacking, and goat-roping with six trophies for bike races.
Philadelphia police seek the missing 42 inch three blade sword and sheath from the Franklin Institute. The weapon once belonged to Ben Franklin and dates to his era. The case prompts a hunt as museum investigators verify the theft at opening time.
Henry A. Kissinger, President Nixon's foreign policy adviser, returned to his birthplace Fuerth Germany where the West German city awarded him its Golden Citizen medal. The citation praised detente and noted benefits for Fuerth from his world wide policy.
Washington AP reports the Senate is poised to pass the Agriculture and Consumer Protection Act of 1973 extending farm programs through 1978. It centers on target price subsidies for cotton, wheat, and feed grain, with payments varying by market prices, amid debate over food stamp liberalization and phaseout of direct income supports.
New York investors, awaiting Nixon anti inflation measures, pushed stock prices higher though trading remained light. Dow Jones rose 11.14 to 920.76 at noon, with broad indices up modestly. headlines focused on inflation action and a $10 billion Soviet gas deal signaling energy market shifts.
Navajo Nation tribal leader Peter Mac Donald 44 of Window Rock and Wanda LeClerc 35 of Tuba City obtained a marriage license in Maricopa County. Mac Donald, recently divorced from his former wife Ruby, is chairman of the Navajo Tribal Council and formerly ran the Office of Navajo Economic Opportunity where LeClerc was his secretary.
Wayne Perkins filed a report noting private property damage at 3707 Travis and police investigated 3709 Travis on Friday. The damage included two broken living room windows, torn window screens at front and rear doors, and debris on floors. The FCC announced Port Arthur KJAC-TV and Texas Goldcast Television, Inc. will transfer control from Janet Gordon Jack, Gayle Ann Gordon Brannon, and others for 3 million dollars with a 60,000 grant fee.
Market observers discuss fuel shortages with rationing as the likely policy and note selective gasoline limits this summer. Dr. Chauncey Starr cites energy crisis briefing remarks and the focus on transportation oil. Copper demand rises aiding Phelps Dodge. investments look mixed with varied forecasts for 1973 and 1974 profits and Inflation pressures noted.
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