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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 14, 1969
Page
15
Market activity on the New York Stock Exchange shows varied closing prices and totals across many listed names. Investors watch prominent firms including Revlon, Uniroyal, and others while dividend and rights information surfaces amid fluctuating values.
Dr Charles Harlow of Venture Research argues for disciplined stop loss orders to manage risk in commodity trading. The piece discusses the pitfalls of mental stops, compares entering real stop orders versus wishful thinking, and outlines three scenarios when a stop is hit or bypassed. It urges traders to plan modest losses, reassess after a stop, and avoid rapid reversals unless clearly justified.
New York stocks fell as traders awaited Vietnam developments and domestic economy signals. The UPS market indicator dropped 0.9 percent on 1,547 issues with 694 declines and 600 advances. Dow Jones industrials slipped while volume neared nine million shares. trading on the American Stock Exchange ended mixed.
A Sunday tornado outbreak in Mississippi injures at least twelve people and damages homes, roofs, and power lines. Mount Olive reports ten minor injuries plus a heart attack death, while other towns endure destruction along a 106 mile path southeast of Tylertown and near Hazlehurst and St. Louis. Authorities assess losses at about 873000 dollars as crews assess debris and continue warnings across the region.
A blast in Des Moines area near North Side injures several and triggers police action. Authorities report a heavy explosive charge at a utility pole base near an electrical substation. About 75 officers and 34 auxiliary police were deployed to patrol and secure the area overnight. Nineteen people, including juveniles, were arrested after the incident.
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