What Is a Growth Stock and Why It Fails to Promise
A reader questions the idea of growth stocks and the certainty of doubling money. The columnist defines growth stock as a company growing faster than the market, outlines factors like sales and earnings growth, and notes that even once-strong growth leaders such as IBM have seen price declines. The piece argues against simple guaranteed returns, warning that markets and opinions shift and that risk cannot be eliminated.
MENTIONED IN THIS ARTICLE
Igi
Seatmiealt Cosnpillies
Shires
Pask
Star
Derador
Sperulator
Nbc
Tomipilers
Anehisers
Oc Pee
Conpanies
Thomas
Bern
Wall Street
Tyes
New York Stocks Rise and Lead Market Summary
New York stocks extend gains as trading opens with broad advances led by major industrials and tech shares. Investors weigh declassification plans and government policy signals while the Dow and Nasdaq trend higher amid morning trading.
Dow Jones Mutual Funds and Market Figures Overview
Readable excerpts show mutual funds data, stock tickers, bids and asks, and performance notes from a dense spread. Names like AIG Delaware and various fund groups appear amid numbers and indices, reflecting a snapshot of market activity and investor interest.
Local EODC Tested by Two Member Team
A two member evaluation team from the Dallas regional office and Milton Guess conducted a week long survey with staff advisory board and county officials. The objective is to assess the agency's funded programs and community responsiveness as part of routine evaluations. Final results and a report will be filed in Washington in six weeks.
MENTIONED IN THIS ARTICLE
Milton Guess
Dallas
Weldin
Teaders
Target Community Corp
EORC
Rex Carey
Cval J
OHO Rice
I All Community
Hye
Carey
San Antonio
ODC
Willitam
EODC
Washington
Building Plan For School Moves Ahead
The South San Antonio School District proceeds with construction plans adding to Hutchins Elementary, potentially closing Fleming School. The board sold 600000 in construction bonds at 2 percent interest over seven years. Previous sales included 300000 and 900000 bond issues in 1968 with rates near 7.18 and 7.463 percent, reflecting district growth and history.
MENTIONED IN THIS ARTICLE
South San Antonio
Hutchins
Fleming
Uisteiet
Ralph Rich
US Recon Plane Downed Over North Vietnam
North Vietnamese forces shot down a U S reconnaissance aircraft that intruded into air space over Quang Binh province. The UPI reported the drone was the 33961st American aircraft lost in North Vietnam.
MENTIONED IN THIS ARTICLE
Tokyo
Upl
Vietam
Quang Binh
North Vietnam
Free Church Row Over City Hall Dismissal in Dallas
In Dallas on Monday the City Council approved a 6 to 5 vote amid a protest from the Free Church. Minister Bob Jones was escorted from the council chamber after refusing to leave, prompting a tense scene as police removed him under mayoral authority.
MENTIONED IN THIS ARTICLE
Dallas
Ove
Dallas Free Church
Free Church
Bob Jones
Wee Wise
Judge Nixes Trial Request In Slaying Case
Fort Worth AP report states Judge Byrm Matthews denied Benjamin Lach's bid to force a retrial in the slaying of a Texas Tech alumna. Lach, who had received a 49 year sentence, argued he did not understand his actions when waiving his right to appeal the conviction last November.
MENTIONED IN THIS ARTICLE
Fort Worth
Byrm Matthews
Benjamin Lach
Lidl
Texas ‘Tech
Lach
Sil
Red Summit Signals Brezhnev Push With Peking
MOSCOW AP via Tass reports Soviet leader Brezhnev summoned party chiefs from East Germany Poland Hungary Czechoslovakia Bulgaria and Romania to a Crimea meeting. The communique condemns left wing opportunism and urges rallying all progressive forces in antiimperialist struggle while signaling strains with China and possible thaw in Washington Beijing ties.
MENTIONED IN THIS ARTICLE
Moscow
Leonid I. Brezhnay
Ened
Maistay
Red Chin
Atere
Crimea
Peking
Tass
Nixon
Soviet Bloc
Washington
Brezhnev
East Germany
Polari
Hungary
Czechoslovakia
En 4
Bulgaria
Nicole Cenmtescu
Romania
Aly Oleeniee
Vehis
China
Work Clothing Costs Push Up Farm Price Index
Washington reports rising work clothing costs as a factor in the Agriculture Department price index lag. Men’s denim work pants now cost about 6.02 dollars, up from 5.93 dollars last March, with prices higher than a year ago in June 1970.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Stocks Start Slide In First Of Session
New York traders opened mixed as stock prices fell in early hours of trading. The Dow and Amex issues showed losses while leaders like Walt Disney and General Electric sagged. Loews edged lower as confidence wavered on rates and economic recovery.
MENTIONED IN THIS ARTICLE
New York
UPI
prime/Stock Exchange
Detrol! Bank
Ste and Rail
Menasco Manufacturing
Gener Mowrs
du Poa
Natomas
Superior Ol
Northwest Airlines
Flying Tiger
McDonnell Douglas
General Electric
Burroughs
National Cait Register
Memuarex
Teledyne
Loews Corp
June Building Surpasses 1970 Totals
June building in the Metropolitan area shows a dramatic rise with more than doubling over June 1970. Nonresidential construction in June reached 23.058 million while residential added 12.333 million, bringing total for the month to 36.291 million. Year to date totals show nonresidential at 359.407 million and residential at 97.439 million, with the overall year-to-date around 141.806 million, exceeding 1970 levels.
MENTIONED IN THIS ARTICLE
San [Antonia Aves
Bexarl
Guadalupe
Cisis
Juni
Dodge Division
Bandera Freeway Under Study
Bandera Freeway project moves forward with three subcommittees named to study serious bodies for the proposed route. Sam Gramnala, city public works director, names subcommittee members including Larry Travis, Harvey Marion, Marvin Shipman, Stewart Fischer, and others to report to the full committee by September.
MENTIONED IN THIS ARTICLE
Ine
Bandera
Cy Wagner
Paul Wesson
Dil Piennig
Sam Gramnala
City Public Works
Tenmmutes
Larry Travis
Harvey Marion
Marvin Shipman
Stewart Fischer
John Fuller
Paul Kinnisum
Henry Ortega
Harvey Jewett
J. He Wilkerson
Mike Inhat
Janes Kentoc
al Gregers
Ralph Bender
Roy Montez
Winston Martin
Granate
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