Investors Query Two Types of Investment Companies
William A. Doyle discusses why closed end funds trade at premiums or discounts and how investors should compare asset value, performance, and management. He explains open end funds redeem at asset value and advises evaluating two firms before buying, then covers exchanging multiple stock certificates for one 100 share certificate via a transfer agent or broker, noting a small service fee may apply.
MENTIONED IN THIS ARTICLE
Ing
Acc
Ag Mutual Fonds
Roth
Nfl
Sonething
CAB Urges Loan to L A Copter Line for Bailout
A Civil Aeronautics Board examiner urged approval of a 3.2 million dollar loan by American Airlines and United Airlines to Los Angeles Airways to stave off insolvency and prevent suspension of operations. The carrier says it needs about 18 million more to survive until it becomes self-sufficient, as subsidy for helicopter airlines winds down this year.
MENTIONED IN THIS ARTICLE
Washington
Civil Aeronautics’ Board
American Airlines
United Airlines
Los Angeles Airways
Mesridl Ruhlen
Congress
New York
United Artists
Lensne
Aerospace
Lertron
General
New York Stock Exchange Averages Close Higher on Friday
The Dow Jones closing averages report mixed gains with Industrial, Rails and Utilities indices. Major figures show daily shifts with notable highs and lows, including the Dow at 952.72 and Nasdaq-like indicators near 243.85, reflecting market activity and weekly comparisons.
MENTIONED IN THIS ARTICLE
Boe Lemay
Agere Ji
Ieee
Brest
Jin
Ware Lee i
Ind Bynam Am Co
Werner Ca
Bane
Seth Fe
Bancore
Pesthatre
Kelly
Elsin
Paso Ag
Anita
Birnie
Shana Weit
New York
UPI
Dow-Jones
Helm Saeed
Indus
Fk Aes
Market News: Standard & Poor Industrial Index Summary
New York reports Standard and Poor indexes with 1941-43 averages. Data show 425 Indus, 25 Rails, 50 Utils, 500 Stocks with daily values and year-ago figures. The week and month figures are listed, highlighting shifts in the industrial, rail, and utility sectors.
MENTIONED IN THIS ARTICLE
New York
UPI
Indus
Lus
Martin Says Interest Hike Stabilizes Economy
Vice President Martin, chair of the Federal Reserve Board, says raising the discount rate will stabilize the economy by restraining credit expansion and aiding deposit growth in smaller banks. He noted inflation signals and warned that delays could require stronger measures, while finance actions may curb price pressures seen in steel and aluminum sectors.
MENTIONED IN THIS ARTICLE
Washington
McChesney Martin Jr
Sible Rale
Fifth Interest
Martin
Senate
House Economic Committee
Ept
Johnson
Federal Reserve
Mutlie
Lancaster's Son Weds Kovacs Girl
Hollywood reports Burt Lancaster's son William Henry Lancaster, 8, tied the knot with Kovacs daughter Kippie Kovacs, 17, in a Beverly Hills ceremony performed by Superior Judge Richard Welles. The couple had eloped to Tijuana on June 18, with a joint family Thanksgiving dinner and parental attendance noted.
MENTIONED IN THIS ARTICLE
Hollywood
Burt Lancaster
William Henry Lancaster
Kippie
Kovacs
Erle Kovacs
Richard Welles
Beverly Hills
Tatel
Edie Adbing
Stepe
Tijuana
Young Lancaster
Flame of Aged Burns Kills Two in Portland Fire
A two story southeast Portland blaze around midnight killed two elderly men in a home for retirees. Firemen identified the victims as James Tey and Earl Colbert, with five others left homeless. The fire involved seven elderly residents in the house.
MENTIONED IN THIS ARTICLE
Portslaw
Oretai
Portland
James Tey
Earl Colbert
Kore
Farm Labor Force Drops to 267,400
California farm labor force fell to 267,400 as of December 1, due to seasonal declines after grape and tomato harvests and heavy rainfall. Department officials noted a year earlier comparison, with shifts by 12,300 seasonal domestic workers and a drop of 13,400 foreign workers, including 350 Japanese and 50 Mexicans.
MENTIONED IN THIS ARTICLE
Sacramento
WPI
API
California
Department
State Board of Agriculture
Santa Cruz
Coachella Valley
Poetess Ethel Romig Fuller Dies in Portland at 82
Ethel Romig Fuller, 82, noted poetess whose poetry appeared widely, died of leukemia today at the University of Oregon Medical School Hospital in Portland Oregon.
MENTIONED IN THIS ARTICLE
Portland
Ore
Ethel ‘Romig Fuller
University of Oregon Medical School Hospital
Markets at a Glance and Trading Activity Notes
Fragmented market brief describes various active trades and generic labels. Mentions mixed operations and a Friday date, with scattered references to entities and numbers.
MENTIONED IN THIS ARTICLE
Sopgoheerateers
Also Mentioned on This Page
William.a. Doyle
CAB
L.A
Steels
U. S
Steel
Bethlehem
Republic: Steel
Jones Ap Laughlin
Xerox
Polaroid
IL. S
Raytheon
Boeing
Condycar
Air Reduction
United Air Lines
Ien
NEW York Stock Exchange
Fate Seale
Onan Bey
Alelin
Ben Ware
Neville
Uae
Feeb
Borne
Asletoos
Wallon
Holly
Rover
Niearteon
Ducati
Caneal
Eldahy
Hooker Che Ra
Phinin
Ganj
Am Rist Stert
Sugar & Syren
Nevada
Dana Co Balt
Beavis
Bievold
Lion
Rene
Standard & Poor
Poor
American Stock Exchange
Los Angeles
Ifi
ESMN
Wathly
Chigago
UEI
Cewdere
Pes Seiss
Caro
Lithia
Garland Ney
Bette
Helzviana
Treull
Massey
Goa
Taing Press
Burak
Sytiren
Tech Oser
Ives
Ats Abe
Stock Mart
Lrelp
Lancaster
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