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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 11, 1972
Page
19
Reader questions the wisdom of concentrating holdings in one company. Financial columnist Sam Shulsky advises broadening investments, warns against relying on utilities for fortune, and explains warrants may lose value if stock stays below strike. He suggests adding diverse, strong entities to build a safer retirement portfolio.
United Press International reports on Monday trading in New York with the 15 most active stocks showing mixed results. Indicators like the Standard and Poor's indexes are listed alongside closing ranges, averages, and notable price movements across stocks, warrants, and utilities.
Investors held to the sidelines as a broad market slide unfolded on the New York Stock Exchange. Declines outpaced advances 826 to 30 among about 1,550 issues. two hour turnover topped 4,990,000 shares. Max Factor led activity with shares falling on lower expected earnings.
UPI market wrap notes mixed moves on the New York Stock Exchange and American Stock Exchange with declines for Milton Bradley and Public Service Electric. Airlines led selling while electronics, computers and high priced issues fell.grain futures and livestock data follow in regular daily reports.
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