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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jul 12, 1963
Page
7
A broad market downturn drags several leading stocks lower as investors respond to mixed economic signals. Analysts cite pressure in energy and tech sectors with notable declines at several major names amid cautious trading and ongoing inflation concerns.
Standard and Poor's stock ticker shows a choppy day with Chrysler dropping about two points and IBM Du Pont and Merck among notable decliners. Metro-Goldwyn-Mayer and Boeing fell, while Tidewater Sunray DX and Shell advanced modestly as oils led early gains and overall market momentum faded into the close.
New York trading showed a subdued session with major indices fluctuating narrowly. Chrysler and General Electric posted small moves while rail shares and industrials drifted. government bonds edged higher amid light turnover and cautious sentiment across markets.
In market notes Bay i ey movy ben wi details show BA SN and ae yams. Weipih Hoos 4 Ta rakers Rave la ay Wiel totals 706 thousand dollars. Hales qa 74 Tacev Teron shares 2 Ws Vear and Lakams shares appear with varied activity.
President Kennedy selected Howard RB Covlam deputy assistant secretary of state for near eastern and Asian affairs to be the first full-time U.S. ambassador to Kuwait. Previously the U.S. envoy to Saudi Arabia also represented the United States in Kuwait.
A broad compiled page shows stock exchange items, bond quotes, and corporate notices. Firms including Pacific Coast Exchange, Equitable, and Carl entities list securities activity, dividends, and balance figures with mentions of Williston, Walker & Co. and others.
A partial text fragment describes staple price trends in New York markets with mentions of commodity movements and monthly adjustments. The readable portions reference price shifts and market conditions, but the full details and entities are unclear due to damaged OCR text.
List of stocks with trading activity includes Tidewel Gil valued at 45,400 and Brunswick-Saye Ts around 69 with several names such as Worthwest Air and Sperry appearing in the roster. The OCR yields a jumble but highlights notable movers and share counts for Janey Enrisier and others.
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