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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
May 26, 1969
Page
11
An OCR filled montage from the New York stock scene lists numerous tickers, prices, and financial notations. The fragmentary copy mentions the exchange, stock activity, and various company references with scattered numbers and shorthand signals.
New York stocks drifted in a narrow range in one of the slowest sessions in over a month. Turnover reached 9.02 million shares, the lightest since April 14. The Dow Jones average rose early to about 11,80 but closed down 0.51 at 946.94 as declines outweighed advances among 1,490 issues with 563 up and 752 down.
Oakland reports state Eldridge Cleaver, fugitive from California, is not in Havana according to a Black Panther Party spokesman. Cleaver, 33, fled San Francisco parole violations after a gun incident. his attorney says he might return if California rescinds the return to jail. Cleaver’s wife Rath Jeet is believed to be in Europe with the couple’s expected child.
Sacramento reports Legislative Analyst A Alan Post estimates a state budget surplus of about 140 million for the coming year. The figure, based on June 30 ledgers, matches Gov Reagan's earlier forecast. Reagan aides planned to publish new projections today with potential extra funding for schools. Lawmakers entered the 20th week of the 1969 session.
Bron Gi Com Dio Ler muh.
Charles Harlow argues timing matters most in trading and debunks rules like buying on new highs after a reaction. He notes markets reflect news unpredictably and suggests strong closes do not guarantee next moves. He advises selling on margin calls only if a proper plan was followed and invites readers to write with questions.
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