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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jul 06, 1970
Page
14
A dense OCR of a historical page records fluctuating activity on the New York Stock Exchange with numerous tickers and prices. The item highlights closing figures, notable movers, and overall market sentiment, naming several companies and indices while noting varied daily outcomes.
The Dow Jones industrial average fell 13 points to 675 as turnover reached about 2.25 million shares. Blue chips such as American Telephone, Penn Central, DuPont, and International Telephone showed declines, while others led by less activity. Barcot notes DuPont's Q2 results may not match the prior quarter.
Washington officials debated safety warnings on oral contraceptives as Charles Edwards defended stronger labeling. Critics argue warnings are weak while Edwards frames the issue as protecting many women who lack regular medical oversight. Separate wage talks in Congress contemplate raising the minimum to $2.50 an hour, with House subcommittee hearings planned amid election-year pressure.
Milton Fisher outlines how the over the counter market differs from major exchanges, identifying seedings with potential and balancing risk with dynamic appreciation. He explains evaluating new issues, spotting danger signals, and how brokers and shoppers can find legitimate opportunities while avoiding losses.
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