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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Nov 14, 1966
Page
13
The article notes investors facing a downbeat U.S. bond market and mixed stock results on the New York Exchange. It highlights Treasury bond prices sinking, and includes an investor query about redeeming 215 percent bonds maturing December 15, 1972, with advisor stating little can be done without selling and accepting a loss.
Reading of the day’s trading shows heightened activity across several shares with notable gains and losses. Investors watched key movers including prominent banks and technology firms as market volatility persisted amid mixed economic signals.
An analysis warns of the dangers of misjudging bonds and mutual funds as stocks drift on Wall Street. The piece discusses parity, par value, and current yields, noting potential losses and the risky nature of fund investments amid mixed economic signals. It cites a 1974 New York market backdrop with Johnson surgery news and a modest trading day decline.
Pakistani President Ayub Khan arrived in Amman for a five day state visit to Jordan. He planned to tour the armistice line between Israel and Jordan and visit Palestinian refugee camps during the trip.
The document lists a dense array of names, figures, and entities from the American Stock Exchange scene. It mentions brokers, companies, and trades with scattered references to dates, securities, and prices, set in a late stage OCR fragment. The readable portions suggest a financial listings sheet or press sales digest with multiple minor entries and identifiers.
A fragmented market report shows S and P indices across sectors with values for 1941 to 1943 averages. Mentions utilities and industrial averages, with daily and monthly figures and historical comparisons, including references to specific numbers like 86.52 69.16 and 68.84 75.37. The text is garbled but centers on index levels and trend notes for publicly traded groups.
A study led by A. Weissenborn estimates the abandoned Peter's Mine in Guyana could be worth over 5.5 million dollars with potential production exceeding 160,000 ounces from quartz-voin veins. The fieldwork, conducted for the Guyana government, analyzes drill cores and vein structures to assess long term value and regional impact.
William D. Buck, president of the Fire Fighters International Association AFL CIO, said the union may rescind its self-imposed no strike ban if government units fail to agree to collective bargaining. He cited a potential fact finding and review commission to reconsider the constitutional ban.
Washington UPI reports a House subcommittee led by Rep. Henry Reuss charges the federal government spends about four million dollars yearly on research and development yet lacks an overall inventory. The committee says there is no annual listing of laboratories, their staff, projects or how facilities align with federal objectives.
Market update notes uneven sessions with declines in some sectors and gains in others. Investors monitor economic signals while technology and energy shares lead modest advances amid day’s volatility.
Algeria's energy minister outlines terms for U S oil ventures in the Sahara. He states initial costs fixed at 2.99 dollars per barrel and emphasizes investment parity with French participation. He urges capital from any source, criticizes U S meddling, and notes negotiations with American and French firms over an eight-year industrial program and a $400 million investment plan.
Margaret Smollen, called Bubbles, 9, is back with her mother Theresa Smollen and siblings after six weeks apart. William Smollen, the father, says the girl was cared for in their three room apartment while the Welfare Department secured aid. The reunion was emotional with laughter and tears as the family welcomed the mother back to their home in Stanx. The case highlights the strain on a large, underfunded household and the steps authorities took to provide support.
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