Market Advances Led by Industrials Amid Mixed Signals
The market showed resilience with the Dow Jones and S&P reaching best readings as investors cheered favorable earnings and dividend news. Experts warned of overbought breadth and potential pause near rally peaks while noting shifts toward utility, food, and insurance stocks amid sector rotation.
MENTIONED IN THIS ARTICLE
Dow-Jones
Standard & Poor
Ilst
Tor National
American Telephone
Tojand
Butter Price Decline Pressures Markets and Consumers
A troubled week in agricultural markets and consumer goods follows a butter price decline. Analyst notes say U S production and global crop forecasts influence price moves while retailers report varied price cuts and ongoing boycotts raising job worries in Queens and other areas.
MENTIONED IN THIS ARTICLE
New York Times Service
New York
Calif
Westinghouses
City
Queens
San Francisco Boy Dies in Blaze as Firemen Restrain Father
In San Francisco a 14 year old boy died in a blaze at his home Friday after the father, aged 66, suffered a heart attack while firemen restrained him. The boy was taken to St. Luke's Hospital with the cause of the fire undetermined.
MENTIONED IN THIS ARTICLE
San Francisco
Mike
Belold
Genevieve Peterson
St. Luke's Hospital
William Harvey
Harvey
Adenauer bedridden at home in Cologne at 90
Former German chancellor Konrad Adenauer, age 90, is bedridden and running a fever at his Cologne residence amid reports of illness and declining health.
MENTIONED IN THIS ARTICLE
Cologne
Konrad Adenauer
Final Act in Drama of Pioneer Finance Co
Detroit reports the last act in the Pioneer Finance Company saga as stockholders rejected a deal to transfer assets to General Acceptance Corp of Allentown, Pa. Pioneer, in default on debts over 116 million, faces bankruptcy within a week. Lenders warn of credit tightening for small and medium finance firms.
MENTIONED IN THIS ARTICLE
Detroit
Pioneer Finance Co
Pick Fort Shelby
Pioneer Finince Co
General Acceptance Corp
Allentown
S. Haywands Wills
Chaiman
General Acceptance
Pioneer
Illinois National Bank and Trust Company of Chicago
Jankers
Continuing Inflation Seen in '67
Chicago, UPI report says U.S. inflation likely to persist into 1967 due to Viet Nam defense spending. Commerce Secretary John Conner told Chicago Executives Club that high food prices are temporary and tied to shortages. He urged business efficiency to offset inflation and warned against relying on taxes without proper fiscal and monetary action.
MENTIONED IN THIS ARTICLE
Chicago
UPI
United States
Commerce
John T Conner
Viet Nam
Connor
Executives’ Club of
Mane
Ward
Western Airlines Reports Profit Rise for Nine Months
Western Airlines posted a $13.5 million profit for the first nine months, up 39.3 percent from the prior year. The result equates to $3.00 a share, with no cents specified.
MENTIONED IN THIS ARTICLE
Los Angeles
Western Airlines
California Markets Agree to Blue Chip Stamp Dissolution
Seven California supermarket chains have agreed to dissolve the Blue Chip Stamp Co after a 1963 antitrust suit alleging conspiracy to suppress trading stamps and form a monopoly. Decree filed Friday sets the stage for a successor stamp company with a Dec 13 court hearing. Chains named include Alexander’s Markets Ralph’s Grocery Co Thrifty Drug Stores Yon’s Grocery Co Lucky Stores Furcity Stores Safeway Stores. Market Basket and Thrifty smart have not filed decrees and face trial.
MENTIONED IN THIS ARTICLE
Los Angeles
California
Blue Chip Stamp Co
Eders
Blue -Chip Stamp Co
Successor Stamp Company
Alexander's Markets
Ralph's Grocery Co
Thrifty Drug Stores Co., Inc
Yon's Grocery Co
Lucky Stores
Furcity Stores
Safeway Stores
Market Basket
Thrifty Smart
Mienor
Consumer groups split on FTC food promotion probes
The Oral Trade Commissioner probes into promotional games and trading stamps in groceries drew cheers from some housewives and criticism from others. Comments spanned Dallas, Seattle, Miami, Charlotte and Milwaukee as stakeholders warned of added costs to shoppers and questioned price impacts.
MENTIONED IN THIS ARTICLE
New York
Seattle
FIC
Supreme Court
Consumer, Protection Division
State Attorney General’s Office
Arden- Mayfair, Inc
F. N. McCowan
Washington State Food Dealers Association
Charles T. Lunderrum
Greater Miami
Consumers Civic League, Inc
FTC
Charlotte, N.C
Rai
Daverat
Charlotte
Therese Alexander
Milwaukee
Gayle Quejlette
Phoenix
Ariz
Hol 'Frank
Safeway
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Cal
Newton D. Zinder
E. F. Hutton & Co
H. de la Chapelle
MOBIL
Indiana
Ohio
General Fonds
Chase Manhattan Bank
Continental
Colgate-Palmolive
Procter& Gamble
Tost
Washington, U — Re
U.S
Mexico
Iran
Russia
Mae
Patrick
Rian
S.F. Boy
Dad
Sine Inter
Eeker
Eale
Ee Conven Beer Oom & Sint de
Hack Bees Eduusied OpWart
Paris
Doarfis Iechen Mars
Dell
Roberts
Tyler
Moerman
Mae Ely
Ates
Rene
Pepe Puritas
Traraametica & Ate Galart Meinline Hs
Bergillum
Berton
Branawip
Babeoc
Ablectinica
Betee Pak Ncro
Deltona Mullen
Brattel
Aeltons Baudre
Uistaihen
Irene Leeran
Lee
lArssen
Lena
Hartne
Ico
Ealon
Hugh Marius
Market. Com
Missioner
Fey Cunedan: © 1 T I. Ine She Haavelt
Iual
Adenauer
Pacific Coast Exchange
Sere
George R. Baker
The
Ted Stavely
Bates
Lowe
Renae
Western Airlnes
Washington
Associated Press
Anointe T
Dallas
Tex
Philip J L. Collins
Women Lan Warpath Committee
Imany
Channel Boat Yard
Pacific Coast Hwy
Crossiay Womals Stone
Greer
Revy Mall
Lay
Maghee
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