Pacific Stars And Stripes Newspaper Archives Jul 19 1967, Page 12

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Pacific Stars and Stripes (Newspaper) - July 19, 1967, Tokyo, Japan Mart mixed As profit takers erase Advance new York prices monday finished narrowly mixed in Active trading after a steady flow of profit taking erased an Early investors had to digest a mixed and unusually Large diet of economic news and a cautious approach apparently was in depressants were a dip in Industrial production for the third consecutive month during june and Railroad and Copper Wall streets bullish Contin had Oil firms urged f o hold Price Washington a Gard Ner chairman of the presidents Council of economic urges the Oil Industry to impose voluntary Price re that would be preferable to government controls or Runa Way a spokesman quoted Ackley As telling the National Petroleum Council in a closed door the spokesman said Only a Small segment of the Industry has initiated slight increases in the Price paid for crude Domestic production has been substantially increased to meet de mands created by the disruption of Oil supplies caused by the Middle East Ackley said Oil prices were raised unjustifiably after Egypt closed the Suez canal in he said he hoped that would not happen this some Oil prices have already gone up in but the effect in the United where dependence upon Arab Oil is has not been signify As observers said a gain in the Gross National an optimistic Outlook in the steel Industry and the Treasury departments decision to aban Don the ceiling Price of an ounce on Silver were constructive for the the mixed picture caused Many traders to concentrate on individual Many of the Glamor stocks fell to profit the United press International Market wide indicator tacked on per using april 1966 prices As a 100 the indicator closed at the Dow Jones Industrial average picked up to but More impressive was the gain of the rail component in the face of the the rail average finished at a new 1967 High of the new York Stock Exchange Index showed no change in the average share of 4he issues crossing the 621 622 declined and 206 remained there were 139 issues at new highs for the year and 12 at new the trading Pace tapered slightly to shares from the shares changing hands but Early activity caused the High Speed Stock ticker to fall behind floor of the 15 most Active 9 5 declined and 1 held Atlas was in the top tacking on to 5vs on volume of shares including an opening Block of shares at 4 and a later Block of shares at prices on the american Stock Exchange ended narrowly mixed in heavy of the 945 issues 377 374 declined and 194 remained the amex Index was up 7 cents at the trading Pace slowed somewhat to shares from shares like something out of the Cosmos Edith Cassel magnifies the head of Peter of nuclear the thin plastic Lens weighs Laius Cockcr with a plastic Lens to be used in a 4 to achieve the same a Glass Lens cosmic House right background being built at would have to be 6 inches thick and weigh about by Cornell University Laboratory 100 up warns Mart on speculation new York a president of the american Stock warned that Market conditions indicate a serious level of speculative a he called on members to adopt firm sales policies and proce Sauls statement was the lat est of a series of moves the Exchange has made to Cool the fun Trimay ill y Fol Wynum i i jvfc1 it mils new York Central Standard and poors 500stock motors it Western Gas close Telephone am aviation 71 v4 1 or 1 1 1 103 05 Ott tire airlines Gulf Sulphur 141 a Oil Nat Gas 128 re l 141 1141 a o1 1 in Mathieson 72 55 utilities up elevator 500 stocks 75 up 51 Oil Dow Jones Stock paper Roll Bear it Gas it Elev 34 world airlines 65 open High Tow close Northern t it t cont 30 up am airways inc 76a 20 railroads 26851 up Oil Davis Cen Fox 53 15ut off Organ c 24 stocks up chem Carbide k hotels Ltd 18 new York Stock Exchange mining or 24 Market Index up p Industrial Down transportation Down Utility up 82 Idaho Power 32va Ingersoll Rand Pfizer 81 Phelps Dodge Cal 59va Union Pacific 42 United air lines finance steel Morris aircraft 97 Dow Jones commodity futures corp petrol fruit 47va open High Low close flour Gas 80va Harvester Bowes Borax 33 up Dow Jones spot commodity Price Index closed at up Nickel into paper Glass 57 Polaroid Gypsum 72vs us Indus Tel Tel it Gamble lines 34 closing quotations Avo corp Gas 27 Manville 54 Jones Laughlin Indus puget up smelt it Refl us steel 48 compiled Iron works aluminium tobacco 34 a up act kinds foods beechnut life Saver eng 77 commercial credit per Light 32v4 Kennicott Copper 44 Kern country land Oats 75 Ria com 51 Ria pref 71 s6v Hiram 32 Walworth 14 air reduction it Howell cd Clark Bros Alcan de Owens Ford Lambert 50 Allied chemical de can Myers 73 lil Tulip steel Revlon motors 49 Western Union Tel 38va Allied stores Oil Indus Brake 39va Allied supermarkets 19 Allis Chalmers steel 35 blow Knox products 42ve Corning Glass 347va Crane air 72 Stor Cement 17va Lorillard metals Reynolds tobacco 41 Rheem mfg elec 58 win Dixie stores 29 Woolworth 32v4 Alcoa Zellerbach dutch petrol up 288v4 airlines River Mills 21 stores radio 64va broadcast Para Warner corp Regis paper Stock Exchange can 57va Cyan amid 30 elec Power foods 17 Brunswick Burlington Indus it 59va Delaware it Hudson 33 Diamond Alkali 48 Marthon Oil 76 marshal Field 60va Schering 6514 Scott paper Consol mining 27va philippine Telephone 1214 Bank stocks it foreign pow 141 Natl corp Midland Roebuck of America 57vz bid Home prod soup sea 35 Marietta Oil asked machine it Fly brew chemical corp Bank bid am Metal Climax Pac Rwy Indus motors corp mfg Nat Boston 61 bid natural Gas Light Hill Kline it for asked photocopy trac air it Nat City bid 60 smelt k ref Kodak Trust Natl Gas South african inst mfg Pacific guaranty bid sugar 33 Tel Tel Manhattan by 65va Chesapeake Ohio storage b 60 Elpaso Natl Gas mining it mfg Mission corp railway 52 Sperry Rand asked tobacco electric develop d 29 bid 29 asked Ampex 1 t financial camera Oil brands we bid 10 asked Anaconda service finance chemical Oil Cal 18 bid 18va asked Arronco Peabody corp Ward Oil ind electric 16 bid 16va Armour it 121 paper Mccormick Oil top it of palmolive corp of Ohio 24 bid 25 asked Atlantic refining t it r 45 biscuit packaging Denroku 19 bid motor 51 Cash or sister drug asked 4 Pacific stars stripes july dynamics 76 Gen electric Gen foods 76 Gen instr Dairy prod 36va Nat distillers Nat Lead 40 Nat steel Camp Stone it Webster Studebaker Packard it Sunshine mining Bussan 9 bid 10 coed Hitachi 20v4 bid Tokio Katyjo 21 bid 21 a asked markets it has already imposed 100 per cent margin requirements on 26 Saul said Exchange trading activity in recent weeks is a source of increasing concern to member organizations and to the sex continuing surveys of Mem Ber organisations conducted by the Exchange As part of its surveillance procedures confirm that Market conditions indicate a serious level of speculative the Exchange recommends that member organizations give special attention at this time to firm sales policies and proce dures to determine their Ade Quacy and effectiveness in Light of current Market conditions and investor insurance guaranteed new York a Allstate insurance has announced an expanded five year renewal guarantee for automobile insurance the new renewal guarantee will affect approximately five million a s u b s i d la r y of Roebuck and introduced in 1960 a five year Guaran tee against cancellation of Auto Mobile liability now Allstate has expanded the guarantee to All Auto Coyer Ages in its policy comprehensive medical the policy Holder has Heads housing unit Japan Pao Kenneth Steen has assumed command of the Navy housing activity Steen replaces William who has been signed to

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