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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jun 17, 1966
Page
6
UPI reports Dow Jones closing averages drifted with a small loss as traders balanced latest economic data against earnings, with values near 894.26 for the day and week figures showing slight year over year and monthly shifts. Data reflect daily, weekly, monthly, and yearly comparisons across multiple indices.
The page presents a fragmented Standard and Poor’s market snapshot with fluctuating figures for indexes and stocks. It mentions the Lost-48 average and several unnamed securities with varying values across time frames including week, month, and year.
In a mixed early trading session in New York, stocks opened slightly higher then sank in the first hour with some midday recovery before slipping again. The United Press International indicator showed a 0.1 percent loss on 1,398 issues, with 310 gainers and 378 losers as blue chips weakened and the Dow fell marginally.
Two insurance companies sue the city and state for negligence over August Watts riot losses. Reliance Insurance seeks 113,527 for 37 claims. Financial's Fund asks 25,720. Suits filed in Superior Court allege delay in National Guard requests and tardy state action, aiming to recover more than 100,000 dollars.
Ricky Edin ayards found in a Chicago park a wallet containing about $6000. He turned it in to his first grade teacher Barbara Woodbury who contacted police. Naamon Baines, a Tennessee Army sergeant, later reported his wallet missing with roughly $6000 inside after a nap in the park.
An 18 year old saleswoman Bernice M Za bel of 245 E Seaside Blvd told police she was robbed at 7 pm by about 40 youths in the 300 block of Maine Ave as vegetables rocks and abuse were hurled at her. Her bicycle was pushed and her purse case and contents valued at 75 dollars were stolen. Gussia J Mitchell Jr 18 of 710 W Fourth St was arrested after being seen entering a residence and found hiding in an attic. he was booked on suspicion of robbery.
The Beech Aircraft Corp of Wichita named as defendant in a federal suit seeking 216 340 damages. Widows of four men killed when a Beech plane crashed in New Mexico on a Farmington to Winslow flight filed the action in U S District Court alleging negligent and careless construction. The lawsuit is joined by the Arizona Public Service Co as the plane owner.
Poultry and eggs notes show start and end of trading with large head counts and price indicators. Buyers and sellers in regional farms discuss bean and feed influence while noting year to date head totals and supply levels.
A partial OCR note refers to a citrus marker site in a locale near UF and Janet. It mentions an earmarked area and a timestamp or version count of five. Further readable specifics are not supplied in the fragment.
Postmaster General Lawrence F. O'Brien told postal officials federal employees may refuse to buy U S Savings Bonds. The memorandum followed complaints from two postal unions about pressure on workers to participate in the bond buying campaign.
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