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This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 08, 1972
Page
10
Sam Shulsky answers reader queries on comparing mutual funds tied to brokers, fund actions, and tax implications of dividends. He clarifies how stock splits affect ownership, tax cost basis, and who benefits, noting no wealth is created by splits and advising readers to request analysis via mail.
Market summary lists 13 most active stocks on Monday from the New York Stock Exchange with names partially garbled. Key entities include New York, Dow Jones components, and market indexes. data appear as hourly checks of activity, price, and volume though many details are unreadable.
February markets wrap with mixed activity across stocks bonds and futures. Dow Jones averages show modest gains while Chicago grain futures edge higher amid ongoing price volatility. Cattle and feeder cattle prices move with routine fluctuations as traders assess supply demand signals.
New York trading shows varied activity as stocks on the NYSE and AMEX post mixed closes. Volume shifts and price changes appear in listings for several large caps, with notable activity around earnings outlooks and dividends while overall market tone remains cautious.
The stock market opened with mixed activity on Tuesday as traders at the New York Stock Exchange absorbed early news and shifts in sentiment. Volume appeared steady with notable moves in several large-cap equities.
New York shares moved higher with the Dow Jones Industrial Averages up to 904.05 as about 3,661 issues crossed the tape. Volume reached 23065000, while total three hour turnover hit 010,030,000 shares, and market leaders noted concerns that a Washington agreement from December could unravel, despite gains in utilities and other sectors.
Tesors Petroleum Corp, based in San Antonio, reports gross revenues of 107.8 million dollars for Q4 1971, vs 42.56 million a year earlier. Net earnings reach 8.0 million dollars, up from 1.213 million, with earnings per share at 0.85. The firm has operations in 32 states including Alaska, plus Canada, Trinidad and Indonesia.
T. Frost Jr. of Frost Bank was named to a three year term as a trustee for the Eleventh Federal Reserve District Foundation for Joint Service Banks. The announcement came at the foundation's annual meeting. Frost, former president and chairman of Frost Bank, serves as a director of the San Antonio Federal Reserve Bank and holds multiple civic and banking posts.
UPI dispatch notes mixed grains and livestock activity in Chicago markets. Wheat rose on input fears and labor concerns while corn eased slightly as outside business influenced prices. The report lists bids and prices across grains and hogs, with commodity futures showing cautious gains and speculative interest remaining light.
A scrambled OCR style snapshot of stock ticker chaos, with scattered company names, figures, and phrases. Names like NYSE and various symbols appear amidst garbled text, preventing a clear single event or quotable price action.
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