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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 26, 1964
Page
11
A reader asks about retirement planning and whether to shift from a single electronics stock to another firm. The advisor notes the stock’s decline in recent months, suggests diversification, and cautions against cherry picking gradual rises as a sole path to long term security.
The United Gas Corp. board in Shreveport La declared the first quarter dividend of MN cents per share, implying a 21 cent per share increase. The payout is schedulable on April 10 with holders on record as of March 10.
The note provides limited readable text about an over the counter item or event, with no clear person, place, date, or organization identified. It references a phrase over the counter and a misspelled or garbled name, suggesting a brief news blurb or snippet rather than a full story.
A reader asks how a relative can invest $4,000 from family, seeking 7 percent. They compare savings accounts insured by federal agencies to higher risk savings and loan returns, while recalling a Terry Industries stock that fell from $1.50 to a few cents, shrinking an $800 stake. The response notes poor prospects for Terry and cautions about broker mishaps and uninformed betting on high yields.
A Houston pet shop operator, Manuel King, 40, was federally indicted for receiving and concealing 104 Mexican parrots believed to be imported illegally. Parrots valued at 2000 were seized with 3932 model station wages. Parrots were later gassed at the city dog pound to prevent possible spread of ann rot fever. King faces up to five years or 10000 fine or both.
New York reports sweeping tax reform with individual rates dropping from 20 to 16 percent in 1964 and projected to 4 percent bottom bracket by 1969 while top rates fall from 91 to 70 percent. Proposals include capital loss rules, stock option restrictions, and dividends exclusion, affecting individuals, corporations, and investors nationwide.
New York investors faced a cautiously mixed session as major shares moved unevenly. IBM rose while Ford and General Motors posted fractional gains. Erie-Lackawanna steadied amid merger news. cigarette makers slipped slightly. Merck held after a stock split news. Sperry-Rand and other electronics issues edged higher in a choppy trade day.
The Texas Court of Criminal Appeals upheld a district judge's ruling denying bail for Ralph Carl Powers, accused in the July shooting death of Morris Renfro (Dirkie) Renfro at a Blanco Road apartment parking lot. The decision keeps Powers jailed in Bexar County as his March trial date looms.
The city’s three new police dogs are under study, with officials evaluating each animal’s temperament training and potential deployment. Early observations note differences in energy, focus, and suitability for patrol duties.
Chief surgeons at Hada state hospitals began a three day national strike after Minister Giacomo Matt Toni promised an adequate retirement pension arrangement would be forthcoming.
Cotton futures edged lower amid thin early trading with March and July contracts showing modest declines from the previous close. The market in New York remained soft as traders weighed supply signals and price directions, with quotes around 45 to 55 cents per pound and nearby months showing slight losses.
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