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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 27, 1969
Page
8
A fragmentary OCR of a New York Stock Exchange page shows closing price notes and various stock tickers. The text references market activity, dividend figures, and treasury data with multiple company names and figures interwoven amid damaged lines.
A garbled article fragment discusses technical versus fundamental market theory, noting tests of price movements and profit estimates. It mentions critic Wie sorvine Idstad and Charles Harlan of Ventre Research Co offering guidance and an address in Long Beach California for commodity questions.
New York stocks opened uncertainly with drift and slight declines as gains in some issues failed to offset broad losses. James Clohessy of Hornblower & Weeks noted a potential consolidation near the Dow at the 40 level, while large institution buying and peace hopes influenced activity across American and national markets.
The Supreme Court agreed to rule on a federal law that allows an individual to prevent mailing to his address of materials deemed obstructive by appealing to postal authorities. The 1960s law was challenged by a group of others protesting due process. The court will hear arguments.
Pan American World Airways announced a reduced London to New York excursion fare effective November 1, applying to individual roundtrip tickets for excursions of at least 2 days. A spokesman said the lower price matches a reduction to British Overseas Territories and Corpoland.
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