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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 07, 1963
Page
6
A reader discusses dividend reliability and growth potential. The message notes dividends can be taxed at the top income rate, cautions that high payout stocks may hinder growth, and advises balancing a list of growth stocks with income stocks for capital building.
Wall Street analysts favor common stocks as a favorable outlook for 1963 with profits squeezed by rising costs. They expect business to hold near a high plateau into year end and possibly advance in 1964. Tax cuts remain unclear, with forecasts ranging from delayed action to potential reductions later. Analysts cite strong liquidity, evolving industry margins, and shifts in investment strategy as themes shaping a cautious but optimistic market.
Soviet government invites UN President KARACHT as Pakistan reports on market rally continuing into the third straight session. Trading remains heavy with gains in Union Carbide International Nickel and Polaroid. Industrials, aerospace, and auto sectors show mixed moves while some laggards hold steady.
Regional market notes cite gains from institutional investor buying at stacks and reinvestment of dividends and interest payments. Analysts say these flows underpin continued activity on Wall Street and point to shifting demand in over the counter markets.
Market tables show cattle calves hogs and sheep prices across Texas and New York. Reports from Alamogordo and West Texas note movements in bids and asks while national figures hint at softer grain and energy prices.
In Boston Kenyon, secretary of aviculture during the Eisenhower era, spoke at a conservative rally last night warning that the nation is weakened by high spending and Communist infiltration in government while urging vigilance and restraint.
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