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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 24, 1965
Page
6
Sam Shulsky offers practical guidance for a newlywed 18 year old couple with $3,500 from inherited property. He urges budgeting, self restraint, and choosing between insured savings, growth stocks, or mutual funds based on home buying plans. He also addresses a 24 year old investor comparing stocks and mutual funds and advises cautious, goal oriented choices.
The Soviet Union said both unmanned Venus probes launched last month have covered nearly a third of the journey to Venus. The announcements came as officials described progress on the two missions amid routine updates from mission control.
A reader recalls Miss Ruby McKibben near Willshire and a nephew in Brownsville. She identifies a mysterious bird that defies classification as a chachalaca and cannot be confirmed, hinting at a puzzling enclosure and the thrill of discovery.
New York stocks end the day with the Dow Jones Industrial Average at 966.36, slight 0.50 point gain. The broader market shows declines across rails and utilities, while transports and industrials trade on varied volumes amid a 474,300 total transactions.
Kansas City reports cattle and hog price movements with light offerings not establishing a market. It notes hogs and sows price ranges and a sheep market rise, alongside a discussion of bank financing under Regulation U and the 70 percent margin, describing Pennzoil's loan practices and United Gas merger implications.
A complex takeover shows Pennzoil tendering for United Gas at 41 a share, giving Pennzoil 5,159,032 United Gas shares and 42 percent stake. The move raises United Gas stock to a yearly high while Pennzoil gains leverage through bank financing and potential merger effects amid broad market activity.
Over the counter quotations from NASD show listings and price notices as industry agents report trading activity amid market sessions and dealer quotations across various securities. The report notes bid and ask movements and regulatory updates affecting OTC markets and issuer disclosures.
Miss McKibben and Miss Maurine McFarland discuss a mystery bird found on a California trip and in the Arizona desert. They nursed it back to health and seek its species to return it to its kind. Local officials plan park studies as part of a broader Texas program.
New York State pays 10 million of 65 million to acquire the Long Island Rail Road from the Pennsylvania Railroad. The balance is due January 20, completing the purchase by the Metropolitan Commuter Transportation Authority and making the nation’s busiest commuter line part of public ownership.
German Air Force Corporal Hans Joachim Klingebiel, 21, was fatally injured when he accidentally triggered the ejection seat on a Starfighter aircraft and was hurled into a hangar ceiling during a ground crew check at the Richtera interceptor wing of the Lui waffe.
The State Department deplored East German action against three Americans accused of aiding refugees fleeing East Berlin. Mary Helen Battle, 24, of Oak Ridge Tennessee, a theology student at Free University of Berlin, reportedly jailed. Moses R. Herrin, 24, Akron Ohio, and Frederick Matthews, 23, Ellwood City Pennsylvania, were sentenced to eight years in prison.
Secretary McNamara commends Air Force Reserve and Air National Guard crews for Operation Christmas Star, praising their performance. They flew 83 missions delivering 576 tons of gifts collected nationwide to Vietnam, reflecting wide civilian military cooperation and pride in the service.
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