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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 15, 1963
Page
5
Sam Shulsky critiques the idea that a $50 monthly investment for 10 years can reliably yield $100 per month for life. He notes past performance is not a guarantee and that sustainable withdrawals depend on fund growth and personal longevity, urging careful actuarial analysis and risk awareness.
A reader asks about safety of annuities sold by charitable groups and state regulation. Another asks whether to sell mutual fund shares worth about 3000 over 12 years to fund life insurance. Experts say keep the fund if life insurance is adequate. funds and insurance serve different purposes.
Traffic engineer Stewart Fisher's office notes amber lights run 2.8 to 4 seconds depending on traffic. They caution that the signals sometimes go haywire and reference a puzzling issue tied to a Physics Review article.
A passenger train struck a car near Boutte Louisiana killing seven aboard the car and injuring none reported. Police said the crossing has no signal and the train, traveling about 50 mph, could not stop in time despite the engineer sounding the whistle.
Washington reported that Sen. Kenneth B. Keating R New York proposed yesterday the creation of a government watchdog agency to review legislation and executive orders. The goal is to protect the buying public against fraud and inflation.
New York based analysis outlines a profits squeeze in the steel industry due to rising costs and potential White House and Justice Department interventions. It covers potential price hikes, cost cuts through automation, foreign competition, and dumping charges filed by U S Steel and others, with data on employment and output trends.
New York investors pushed steel shares higher as price boosts spread after weekend gains. Lukens Steel led, up 2 percent to 49.34, with Wheeling and U S Steel rising amid heavy buying. Bethlehem and other majors followed as oils and motors also climbed, supporting a broadly optimistic market. Industrial output reached a March peak and Standard Oil and Merck posted gains while Nerox and Lorillard moved differently.
New York AP reports the confirmation of a subatomic particle predicted by a Japanese scientist last year. The finding validates theoretical work and marks a milestone in particle physics research.
Australia via a luxurious Qantas V Jet with all expenses paid is advertised as a grand prize in a neighborhood contest. A San Antonio Light Junior Diplomat invites readers to learn how to win, encouraging participation and asking the boy to explain the steps.
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