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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
Feb 07, 1967
Page
6
A satirical analysis discusses AT and Ts growth, stock splits, and FCC investigations. It argues investor attitudes toward the telecom giant amid inflation, market shifts, and regulatory scrutiny, noting long-standing probes and the impact on stock strategy.
A study notes long distance telephone rates have mostly declined over 30 years, while gross revenues rose. 1962 to 1966 call volumes climbed from 5 billion to 4.8 billion with revenue growing from $3.4 to about $4.8 billion, suggesting growth despite rate reductions. AT&T trades near 8 times earnings, with past peaks around 22 times.
Dr. Edward Teller, known as the father of the hydrogen bomb, told a Notre Dame audience that World War II atomic bombing of Japan was a mistake. He said documents show Japan was ready to surrender without the atomic haul and urged reconsideration of the attack.
AP reports the Coast Guard hunts for the shrimp boat Lotes Maunine after it capsized in the Gulf of Mexico about 300 miles south of Part Teahers. Reports mention a turning point in San Antonio and shifting headlines from Washington.
UPI reports Dr. David J. Sencer, director of the National Communicable Disease Center, told a Senate Antitrust Subcommittee hearing that clinical laboratories err on more than 35 percent of tests. He cited studies of six test types with error ranges from 10 to 40 percent in bacteriological tests to 20 to 30 percent in measurement of certain chemicals.
A Capital Gains Research list of 138 investment funds shows only 12 beating the Dow last year as the SEC pressure rises. Most funds fell or stayed flat with declines ranging from near zero to over 14 percent. several managers posted modest gains, while many funds posted sheltering but uneven asset shifts amid market volatility. The best performer, Dow-A, rose 17.8 percent per share, while Manhattan Fund started February and lacks full year data.
The Llano chapter of Epsilon Sigma Alpha will sponsor a blood bank at the local hospital with members handling publicity and coordination. The first bank was organized in 1957. new records are needed. Interested persons aged 21 to 60 without diabetes or jaundice are invited to the hospital Tuesday and Wednesday between 4 pm for a brief typing session and blood collection with parental consent for minors.
New York markets opened mixed amid moderate activity as NYSE trading showed varied moves across sectors. Gains appeared in some steel and aircraft stocks while autos and electronics faced uneven results, with notable activity in General Motors and Ford near opening values.
An illustrated Merril Lynch style sales piece outlines an A to Z guide of investing concepts. It touts objective analysis and brokerage support for commodities dividends growth and portfolio planning. It promotes the Quick Research Query system and the Monthly Investment Plan with stock purchases from major exchanges.
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