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Press Telegram in Long Beach, California

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Apr 22, 1974

Page

8

Stocks Slip as Investors Stay Sidelined Amid Fed Talk

In quiet trading New York markets fell as investors stayed on the sidelines due to anticipated higher bank rates and Fed remarks. The Dow slipped to 858.07, the NYSE composite dipped to 49.69, and volume reached 10.52 million shares. American Exchange valued at 1.23, with notable moves in Mesabi Trust, Bausch & Lomb, and Tropicana stock as merger talks cooled.

Ewe New York Stock Exchange Vern Stock Exchange Priten Bby Graph Ay Partien Oe Supmnky Et Khem Ae Aungnal Alcoa Siwalis Jena Lyre Folterini Aeris UAE Deltech Bengal Eit Renee Pits Bal Balt Msg Mohan Bigrey-Nan Rosen Reni Me Bochner Ciena Los Angeles OS Angeles Sfuraahlos Stavahanes Wwe Faille Tames Aid Fammia Ibs Gilerteina Holby Federal Reserve Board Arthur F. Burn Fed Burns Lawrence Lewis Pershing & Co Larry Wathtel Bach & Co Thedea Hychange Lis Big Board NYSH American Stock Exchange Mesahl Trust Trust Reserve Mining Co Silver Bay Minn Bausch & Cowl Tropicana Kelloge Co

William's Lion Hearted Investor Advises Cautious Trading

Beckman followed William's counsel to buy stocks after his suggestions but sold two weeks later for a $4,600 profit that marks the start of a downturn. Beckman praises William's belief in long term growth over short term gambling and notes his investor strength.

William Beckman

60 Cent Gas by Summer Seen by Nation Energy Chief

Federal energy chief Sawhill predicted gasoline could average about 60 cents a gallon this summer with prices not much beyond that level. He cautioned Americans to conserve to avoid shortages, urges 55 mph speed limits, and notes prices currently around 53 to 58 cents. New Jersey officials report rising gas use under odd even rules, with possible reinstatement of rationing if shortages recur.

Villando Tla Mntorists Paderal Energy John C. Sewhill Cotinc Sawhill Meanwinle New Jersey Nixon William Simon Federal Energy Office Treasury Sawinle Richard W. DeKorte DeKorte Garten State Parkway

Also Mentioned on This Page

London William Arethyn Hubert Heckman Lion York
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