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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jul 26, 1966
Page
12
A clipped New York Stock Exchange summary shows mixed trading activity with notable price quotes for leading securities. The report lists specific firms and indices, including Continental and regional names, alongside fluctuating values and notable market movements from the period.
Monday's closing prices show mixed activity in investment trusts with several listings including Energy Fund and related energy shares. The report notes trading volumes and price movements across multiple funds, highlighting fluctuations in a few stock lines and general market sentiment.
Market reports show grain deliveries delayed as weather and logistics affect the Hay Market area near Chicago. Traders note fewer shipments today with local warehouses and nearby facilities adjusting schedules amid uncertain conditions.
New York UPI reports show the Dow Jones Industrial average slipping 1.21 points while the rail and utilities sectors fluctuate. Major indices close uneven with notable swings in several leaders, reflecting a cautious session as traders digest mixed economic signals.
New York stock prices fell sharply for a second session on the NYSE as trading picked up yet losses eased from Monday. The market faced continued weakness tied to deteriorating fundamentals and technicals with the UP I indicator showing a broad decline among 1,407 issues.
The Senate weighs a bill to require that 50 percent of galvanized steel for roofs and piping in South Vietnam and aid programs come from U S steel producers. Senator J W Fulbright backs the plan while Senator Birch Bayh argues U S producers can meet demand at similar prices. The dispute centers on procurement sources and a prior 90-10 ratio shift in galvanized steel purchases.
Shelby Ohio reports City Manager Phil Horton recounts a substitute secretary who refused to greet him as sir, failed to answer calls, and told him to jump in the lake. Horton states one day with the substitute was enough and vows no more help from his wife.
Cronists across Argentina observed Eva Peron Day marking the 14th anniversary of the death of Eva Peron second wife of former Argentine dictator Juan Peron.
Diversified Securities advises an investment promising capital growth and inflation hedge potential. The recommendation notes strong growth prospects and a hedge against rising prices, with emphasis on asset classes and market factors likely to influence performance.
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