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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 15, 1966
Page
13
A widow asks whether to judge a mutual fund by one year or longer performance. The adviser says long term matters, with ten years holding as a standard yardstick, though a new fund may still prove exceptional. Fees and management changes may affect decisions over time.
Market wrap notes uneven moves as Dow Jones and S&P indices show limited gains amid posting mixed results. Investors weigh corporate data and policy signals while the tech sector leads minor advances in late trading.
A report outlines trainees in Tanzania facing disloyalty terms and dismissal, with reference to a Peace Corps program and village development work. The piece shifts to questions about mutual fund disclosures, noting that many funds issue semiannual reports and may not reveal every stock transaction, raising concerns about transparency and timing.
The stock market gave up a promising early gain and retreated as profit-taking trimmed airline shares. The UP stock market indicator showed a 0.23 percent loss near the close with 134 issues traded. 65 percent declined and 440 advanced. The NYSE index dropped 16 cents as airlines fell after a machinist union spokesman signaled acceptance of the latest settlement proposal. American, Transite Eastern, Northwest, National and Continental AFL scored large games.
Washington market notes show mixed metals and grain futures with slight shifts. Government data influence yields as traders assess commodity prices and currency effects amid evolving fiscal signals.
Nine year old Billy Hindman wandered from his parents at the San Diego Zoo while the family from Tucson, Arizona, traveled via Glendale. After the parents left in one car and another brother departed in the other, Billy rode back and forth alone, prompting zoo officials to alert police before his father retrieved him.
Porterville and Charleston search parties sought a child who wandered from a Narragansett family camp in Sequoia National Forest. The missing girl, daughter of Thomas and Jane Jackson, was last seen near the old Indian church grounds with relatives from Bradford and Upland. A war dance competition had just occurred, with a prize awarded to a participant named Glog.
Hyannis Massachusetts reports say an escaped pet ocelot was killed by officers after being spotted by searchlights near John F Kennedy Jr. s home. The animal had escaped weeks earlier from a Greenwich Village apartment and was tranquilized then shot during a field operation. Dr Edward Weymueller of New York performed the routine screening surgery to remove its tonsils.
Hadassah announces a $1 million grant toward a $5 million campaign to build the Siegfried and Inna Ullman Building for Cancer and Allied Diseases at Hadassah Jerusalem. The $2 million donor gift comes from the Siegfried and Inna Ullman Foundation. The center will house 60 beds for 2,000 inpatients annually, plus an outpatient unit and home care for Jerusalem. Construction costs exceed $3.5 million with further fundraising for endowment.
A government oil refinery and pumping station in Poza Rica Mexico suffered a fire and three explosions that injured 69 and left two workers missing. The plant, supplying about 100,000 barrels daily to nearby cities, was damaged, officials estimated losses at 5 million dollars, and residents fled as black smoke filled the sky.
A small earthquake centered about 26 miles west of the Texas New Mexico border caused minor damage in Kermit West Texas Sunday. Windows were broken and street signs toppled while two people were injured. The quake was recorded at 8 26 a m and was also felt at Wink eight miles south of town.
A British television comedian on Sunday night defined an atheist as a teen who denies belief in Beatle John Lennon. The remark sparked discussion about the concept of atheism and youth attitudes toward pop culture figures.
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