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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Feb 03, 1969
Page
12
New York stocks closed with the Dow and S&P uneven as traders weighed varied gains and losses across industries. Major components showed mixed results while volume reflected cautious sentiment and ongoing volatility in late trading.
New York trading closed irregularly as a brisk session followed a week of uneven market behavior. Investors eyed constructive economic news but digested uncertainties from the Paris peace talks while steel shares rose and the Dow edged higher on about 12 million shares traded.
New Orleans and Atlantic coast longshoremen reached a tentative agreement ending six weeks of dock strikes. Negotiations continue in Philadelphia and Boston, with New York and New Orleans still awaiting pact approval. Union leaders say most demands were met, but some local contracts remain unsettled as voting begins in New Orleans.
A comprehensive investment course will be offered by Beliloowe Evening Adult School starting Monday at 7 pm taught by Ben Getting. It covers stocks bonds mutual funds savings and loan administration, and includes a visit to a New York Stock Exchange office. Registration is at the first class at Kellwater High School. Tuition is 38 51 50 for the semester. Principal Arthur Simpson calls it the most complete tour of investing in Southern California.
A 1960s era account reports former officials discussing a U S missile defense plan to quicken strategic arms recognition by the Soviet Union while stressing safeguards against Red China and emphasizing limited deployment to deter ballistic missiles amid Cold War tensions.
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