Folding term misused in growth electronics fund
San Skaulsky explains that the phrase folding a fund means bankruptcy but does not fit a diversified growth fund. He notes the fund holds common and convertible securities in Aerojet General Amphena Borg Avco Beckman Columbia Broadcasting General Telephone ITT IBM Western Union Zenith among others and that the slump since 1962 reflects risk of growth funds focused on electronics rather than a guaranteed collapse.
MENTIONED IN THIS ARTICLE
Sperry-Rand
Aerojet General
Amphena
Borg
Avco
Beckman
Columbia Broadcasting
General Telephone
T&t
IBM
Western Union
Zenith
Investment Trusts and Mutual Funds Guidance
A reader seeks advice on building capital for the future, noting difficulty saving. The column recommends disciplined monthly investing, either self-directed with stocks through a broker or professional mutual funds, warning frontload plans can incur high prepaid commissions and may never guarantee gains.
MENTIONED IN THIS ARTICLE
Wal
Frontdoad Mutual Fund
Cotton Futures Trading Opens with Mixed Registered Trades
In Cotton NY, the futures market opened with 110 trades registered. Prices showed varied figures such as March 38.3 percent and May and July bids around 3252 and 3215 respectively. Details include several dates and bid terms like Mech 38 and ORET.
MENTIONED IN THIS ARTICLE
Cotton Futures
New York
Tapi
Cotton Hut
Inday
Tsb
Freight Hearing Set On Joint Trucking Authority
The Railroad Commission scheduled a 8 a.m. January 8 hearing in Austin at the Tribune Building on a joint trucking lines Texas Mexican Railway application to move freight between them via Laredo and interchanges at Corpus Christi. Separate San Antonio area actions set a 1.15 per 100 pounds rate for fresh or frozen meats in 16 000 pound drums from San Antonio to Corsicana and corrected an earlier brick rate to 31 cents per 100 pounds from San Antonio to Houston.
MENTIONED IN THIS ARTICLE
Inc
New York
Aboe Abte
Moss Y Y
Mark Stock Exchange
Sinclair
Edin Grins
Sulas Fe
Mines
Smnilty AO
Atybor
Martins
Saiane Ab
Wye
Aeigfélleg
Sperry Rand
Kallman
Alliachal
Visincom
Alcoa
Breck
St Sroioh
Gren Ag
New Eng
Sterlory
Brevius
Stevens
Ptudeboker
Sunray
Ami
Swift
Tenn Gas
Peoples
Texaco
Pine St
Amor CO
Rue
Burilan
Bae
Bourg
SSS Amtat
Susan Tri Isa
Revere
Dow-Jones
Twenteen
Graur
Walealoe
Gmin
Alenia
Serrino
Cears
Tata
Baldtdin
Scien Ton
Dal Cor
Leckman
Idhvar Ling
SAN Bell
Sinomia
Coral
Conmand
Benguet
Ms & BK
Tada
Boeing
Mowlelt
Sweolworth
Ngsor Borden
Borg
Hooker
Wwe
Mormid
Ah Budd
Jove Vere
Sig. Bullard
Lupe
Merck
Texas
lwiWick
Zenith
Colasar
Thoesan
Jnnes&l
Avarrell
Bob Ud Daly
Ry Bia Dams Koysrk
Otrate
Ah Bay
Chasplin
Ern Lao
Antowser-Busch Inc
Merch Capi. Co
Chrysier
Bia
ColeBal
Tete Thee
Central Louisian Electric
jEgtinkad “Ag
Manhattan Bank
Ning
CBS
Tay Gomiset
Electro Scien
Noah Ahl
Gones Ind
Individuel Uhiity
Florida
Ohio
Ybers
Apa
Branklin Fox
American Garp
Slaughter
Groos National Great American Corp
Jose
Pasanir
Crown
Cork
Barras
Hicks Ponder
Corp
Howell Houston Nate Rat Gas
Cudahy Fk
Coe Tao
Frands Zenmey
New Year's Bay
Lone Stoc Brewing
Cole
Fort Worth
Liv Tock
Mace Fort Worth
Marton
Dresser
Ganty
Publkin
Sam Shulsh
Pactssina Pubto
Petroleunos
East Air
Dilimantad Bawe
Sefag
Bosch
Bomade Inns
la Haga
Barrows Oid
Republic Nat Li
Eaton
Shop Rite Foods
Foyer ‘Reading Co
Sommers
Berentn
South States Oil & Gas
Heissoc
Southern Uni
Enmorsenet
Fourth Court OF Civil Appeals
Southwest Gas Product
Southwester Electric
Chicago
al Pj
Walker Barncueyt
Neiten Tar
Alter Bb
Southwestern States
Vela McGee
Nyece
Alber
Texas Capitol
Cyersurg
Richioi
Pisote Sipptlcan
Nueces
StreeecaRa Y Seiparetens
Aha Stricktond
Transportation Co. Tromeonlinerial
Gus O
CORN
RoyDal
Warren Warner
Appellec
Mote Hearing
Te G
San Yates Tri Petrolawn
Hk Jae Merete Revamiesanen
Ty Royal
H. Warsfian
Vinereverey
Sppriiai
Richard Sullivan
Kia
Maren
Vac Sisters of St. Francis of Texas
SonDimp
Relugig County Hospital
Belwuin
Cletrac Corp
Armando
Garcia el
The
Millers Mutual Fire Insurance
Good Sonand
Bexar
Movions
Pierce A. Hoevrng
Sovneans Searse
Howard
Myliin
Amiventad Helsk
Ivers Taday
Gen Foods
Central
Milly
Sime
Tributing Co
Rexar
Chicago Produce & Poultry
Motany Va
Tonuto
Hale
Ile
Gpisen
el Iness
Whalesate
Taying
Aces
uAdhanier
Grunsy
Dow Jones
Rees
Tia
Hon Tsite
Austin
Railroad Commission
Tribune
Texas Mexican Railway
Laredo
Corpus Christi
San Antonio
Aij
Corsicana
Houston
Tax Group Delayed Vote On Downtown Property Cuts
The City Board of Equalization will meet Monday to decide on potential blanket reductions for downtown property assessments. The Downtowners Association seeks a 25 percent cut on land and improvements, after a recent 10 percent land reduction was already approved by Tax Assessor Leonard Baker following a downtown resurvey by a Dallas appraiser.
MENTIONED IN THIS ARTICLE
City Board of Equalization
Downtowners Association
Leonard Baker
Dallas
New Year's Eve Dances at Hall Venues Across Town
City listings for New Year celebrations advertise dances at several venues. Westernairs perform at dedwig Hall Twes and Hilltop Hall Heinz with Bill Spivey and Ford Rangers supplying music. La Vernia Hall hosts a Fre Dance with the Riedel Bros. Jake Arroth leads a Hermann Sons Hall swing set. St Hedwig Hall features Troy Spivey. Twin Oak Thon lists Jimmy Martin and the Texas Floshboy Band with reservations.
MENTIONED IN THIS ARTICLE
Dedwig Hall
Twes
The
Westernairs
Fai
Hilltop Hall
Hwy
Bill Spivey
Fie jAemphill
Ford Rangers
la Vernia Hall
Tuer
Riedel Bros
St. Hedwig Ann
Leg
Troy Spivey
Laredo
American Express Warehousing Faces Bankruptcy Fallout
The American Express Warehousing unit files for bankruptcy amid the salad oil scandal. Receipts forged on oil stored in Bayonne tanks tied to Allied Crude Oil and Allied Commerce threaten losses beyond insurance. The receiver must separate real from phony receipts as banks and insiders bear costs from the collapse.
MENTIONED IN THIS ARTICLE
Leslie Gould
New York
American Express Warehousing, Ltd
American Express Co
DeAngel Polis
American
American American Express
Hapress
Stock Exchange
Allied
Vegetable Oil Refining Co
American Express
Mystery Man
Travelers
Allied Crude
DeAngelis
Adolf Gobelnity
Gas Reaches Major Russian Cities As Household Supply Expands
The Soviet Union announced that millions in large cities near Moscow gained household gas in 1963. Regions newly connected include Yaroslavl with 300,000 residents, Perm formerly Molotov, and Vladimir known for its medieval churches.
MENTIONED IN THIS ARTICLE
Moscow
Soviet Union
Yaroslavl
Perm
Molotov
Vladimir
Market Climb In Active Year End Trading Session
New York stocks opened higher as the market started a turbulent year with a wavering tape. Airlines led gains with Easter Air at 1961, IBM hit a yearly high above 502, and major names such as Chrysler General Motors Polaroid Du Pont and Texaco posted fractional to notable advances while bonds stayed mostly unchanged.
MENTIONED IN THIS ARTICLE
IBM
New York
Easter Air
Xerox
Chrysler
General Motors
Polaroid
du Pont
Baltimore & Ohio
Radio
Chinese Stamp To Honor Cuba Revealed By Havana Radio
Havana radio said China will issue a new commemorative stamp tomorrow marking the Cuban revolution. The stamp will feature the flags of Red China and the Communist dominated Cuba, symbolizing friendship between the two nations.
MENTIONED IN THIS ARTICLE
Miami
Hina
Havana
China
Cuba
County Clerk Seeks Audit of Trust Account
County Clerk James W. Knight urged Commissioners Cort to order an audit of the county clerk's trust account. He says the audit was recommended by a certified public accounting firm and was first requested a year ago. Two commissioners agreed, but a majority did not act. no action was taken Tuesday.
MENTIONED IN THIS ARTICLE
James W. Knight
Commissioners Cort
Knight
Ofice
Commissioners Court
Albert Py Jr
Sam Jarrie
Tuestey
Also Mentioned on This Page
San Skaulsky
Shulsky
Salbet
King Features Syn
Colorado
City News
Gould
American Express Legal Res
Ee Express
Lawrence Ware
House Co
Salad’ Gill
Russian
Tamet
D. Tatel
MOR Petroleum Commerce Blog
San Artobio
Southwestern Life Teneane
Guaranty Federal
Guaranty
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