Investor Advised To Stay With Stock List For Growth
Q and A with Sam Shulsky on retirement investing. A working woman with AT and T Foremost DuPont GM Sperry Rand Metropolitan Broadcasting and Southern California Edison should stay with the current list and add growth stocks rather than seek high yield. A 66 year old asked about a risky local stock and whether tax free municipals suit his income needs. The advisor cautions due diligence, warns against investing in unknown young firms, and affirms the current portfolio’s suitability with potential tax considerations.
MENTIONED IN THIS ARTICLE
Sam Shulsky
Foremost
DuPont
General Motors
Sperry Rand
Metropolitan Broadcasting
Southern Gulifornia Edison
Wall Street
National Biscuit
International Harvesters
Columbia Gas
American Express
Bullocks
Marshall Field
Over the Counter Bid and Ask Prices guidance note
The listing explains that the bid and asked prices shown in Lexus from NASD and other sources are unofficial. They do not reflect actual transactions and serve as a guide to approximate ranges within which securities could have been bought or sold at the time of compilation. Origin of quotations is provided on request.
MENTIONED IN THIS ARTICLE
Lexus
National Association of Securities Dealers, Inc
Dow Theory Debunked As Market Readjusts From Slump
New York notes the Dow theory as a casualty of the stock market's rally since May. The piece argues the Dow Jones averages misstate market reality, mislabel trends, and mislead investors by overemphasizing 30 industrial and 20 rail stocks, with many active movers diverging from index signals.
MENTIONED IN THIS ARTICLE
Leslie Gou
New York
Dow
Indus
Revolt in Argentina Quickly Falls as Frondizi Rallies Loyal Forces
President Arturo Frondizi stated that a vest-pocket revolt in western Argentina collapsed within about six hours. He said most of the armed forces backed him, and loyal troops captured Gen Mauricio Gomez, commander of the 2nd Army, who reportedly joined the rebels. Frondizi planned a Europe tour as scheduled.
MENTIONED IN THIS ARTICLE
Buenos Aires
Arturo Frondizi
Argentina
Frondizi
San Luis
Europe
Interior Ministry
Mauricio Gomez
New York Stocks Activity Broadcast Amid Mixed Trading
A scanned New York stocks page shows widespread tickers and figures across many firms including RCA Raytheon and Gillette with varied price movements. The list spans multiple industries and includes end-of-day bid/ask cues and miscellaneous notes on previous day and week progress.
Poultry Prices Steady at Chicago Produce Market
AP reports Chicago produce and poultry pricing with butter steady and receipts at 1 415 000. Quotations show mixed grades AA A B C and white meat prices around 80 to 92 cents. Exaggerated figures reflect varied weights and product forms with unchanged prices on most lines and slight increases noted for some White Rock fryers.
MENTIONED IN THIS ARTICLE
Chicago
Livestock and Cotton Prices Reported in Fort Worth Market
Livestock receipts show cattle around 700, hogs about 1,900 with hogs and sows fully active. Cotton futures in New York opened without trades with July at 132.80 and October at 31.01, with other contracts listed and mixed prices near unchanged from prior close.
MENTIONED IN THIS ARTICLE
FT. Worth
Ai Strike Hits Convair With Weekly OneDay Walkout
San Diego reports a one day a week strike by 6000 members of the Engineers and Architects association at Convair, starting Monday to push for wage boosts layoffs and arbitration. Aircraft industry tensions rise as workers plan aerial picketing with a plane towing a banner over Convair plants.
MENTIONED IN THIS ARTICLE
San Diego
Engineers
Architects Assn
Convair
International Association of Machinists
Burbank
Calif
Machinists’ Union
Lockheed
Navy
City Finishes Sidewalks Near Schools
Three sidewalks are completed in the city program to build 40 miles of safe paths to elementary schools. Four crews work on several routes with more sidewalks planned. total cost pegged at 225000 dollars at a rate of about 3000 feet per day.
MENTIONED IN THIS ARTICLE
Danny Davidson
Arbor Pl
N. W
Twenty-eighth
San Felipe
Wilson Blvd
Creighton
Gerald
Kettesey and
Hutchins
Hutchins Blvds
Davidson
Gas Leak Suicide Claims Two Nearby Lives
An 18 year old turned on gas to commit suicide Sunday night causing a deadly leak that killed two others, a young couple asleep in a room above, as gas rose through the ceiling into their apartment.
MENTIONED IN THIS ARTICLE
Tokyop
Thieves Rob Fish Store Prompt Odyssey of Loot
London shopkeeper Marcus Guise reports persistent thefts at his fish store. He leaves a small stash outside when locking up at night to appease would be thieves.
MENTIONED IN THIS ARTICLE
London
UPI
Marcus
Guise
Khrushchev Wins Backing for Peaceful Coexistence Policy
Pravda signals Kremlin majority backing Khrushchev's peaceful coexistence line amid a split with Peiping backed hardliners. The article defends disarmament and coexistence with rival systems, rebuking left and right extremes and attacking China’s stance in a Lenin anniversary context.
MENTIONED IN THIS ARTICLE
London
UPI
Khrushchev
Kremlin
Pravda
Red China
Russia
Soviet Union
Paris
China
Peiping
V. I. Lenin
Lenin
Leon Trotsky
N. Markovsky
Syrians Fire At Israeli Tractor Near Beit Katzir
Israeli army says Syrians fired twice at an Israeli tractor near Beit Katzir in the Galilee. Betty Owens, 28, a former women’s wear saleslady in Stockton, California, will receive $1000 for a back injury from squeezing a 200 pound customer into a girdle per the state industrial accident commission.
MENTIONED IN THIS ARTICLE
Jerusalem
UPI
Beit Katzir
Stockton
Calif
UPT
Sea of
Betty Owens
Galilee
State Industrial Accident Commission
Owens
Somerset to form water district in Bexar County
The court established a new Somerset water control and improvement district to serve 700 residents in a 420 acre area southwest of San Antonio. George Pyron Wayne J Jackson Jesse L Bielefeld William Lyng Jr and Frank P Garcia named as directors. An election will decide the district's creation and a $180000 bond issue to finance it. Somerset now relies on private wells.
MENTIONED IN THIS ARTICLE
Bexar County
Somerset
George Pyron
Wayne J. Jackson
Jesse L. Bielefeld
William £. Lyng Jr
Frank P. Garcia
Prober Testifies in Kickback Probe Case
Former European Exchange System investigator Samuel Bray testified in federal court about a probe into alleged kickbacks. Bray described being forced to resign as EES security chief in Nuremberg and questioned over expense vouchers and a confidential fund used for travel. He helped bolster the case against Charles Wilson James Harlow and Thomas Addy who deny conspiracy to defraud.
MENTIONED IN THIS ARTICLE
European Exchange System
Federal District Court
Samuel Bray
Thhe Ees
Nuremberg
Germany
U. S
Wilson
Addy
Philip Hamner
Bray
Charles Swartz
EES
Riots in Delhi Draw Massive Sikh Protest Over Police Clash
Reported rioting in New Delhi sees over 50,000 Sikhs gathering against police for three hours as 1000 are detained and at least one person is reported dead with many wounded.
MENTIONED IN THIS ARTICLE
New Delhi
UPI
Market Trends Show Modest Gains Across Sectors
New York markets edged higher in moderate trading as a breather after last week’s advance. Space age stocks led moves with Transitron and Varian up, while rails and metals rose fractions and oils slipped. Ford gained about a point as United Aircraft traded higher on word of resumed plant work.
MENTIONED IN THIS ARTICLE
New York
Transitron
Texas Instruments
Varian
Raytheon
Radio Corp
Sperry Rand
Ford
United Aircraft
Allied Chemical
DuPont
Eastman Kodak
Woolworth
Liggett & Myers
Okinawa Protest Promised Against Eisenhower Visit
Okinawa groups vow to mobilize 15000 demonstrators during President Eisenhower's June 19 visit. Officials say no demonstrations will be allowed near government buildings, while the return council says it will hold a noisy but nonviolent protest waving rising sun and Japanese flags.
MENTIONED IN THIS ARTICLE
NAA
Okinawa
UPD
Eisenhower
Council For the Return
U.S. Civil Administration
Kadena Airbase
Naha
Keisaku Ota
Comeback in Lebanon Stirs Victory in Parliament Race
Former President Camille Chamoun wins a narrow first round victory in Lebanon's parliamentary elections. He trails two rivals from the Phalange party but secures a slim margin of 1169 votes to capture the third Maronite seat for the ML Lebanor district.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Camille Chamoun
Chamnoun
National Phalance Party
Lebanor Trict Dis
Ma Ferguson Marks Birthday
Former Texas governor Miriam A. Ma Ferguson is 33 years old and honored by family at her Austin home with congratulations from close friends and relatives.
MENTIONED IN THIS ARTICLE
Austin
Upi
Miriam A
Ma” Ferguson
Texas
Home Fire Kills Texan in FalFurria
A fatal house fire in FalFurria early Monday claimed the life of 28 year old Joe Jackson. Authorities reported the blaze destroyed his home and resulted in a deadly outcome but released few additional details.
MENTIONED IN THIS ARTICLE
Falfurrias
Joe Jackson
Social Security Tax Withholding for Employers
A San Antonio Social Security column explains employer responsibility for withholding social security tax. If you do not withhold, you must pay the employee and employer portions yourself. Earnings of a parent’s child and certain family wages are excluded, but reporting is required for all workers and amounts may affect benefits.
MENTIONED IN THIS ARTICLE
John D. Palmer
San Antonio
Railroads Agree to Merge in Nickel Plate Tie Up
Norfolk and Western Jr and the New York Chicago and St Louis known as Nickel Plate announced a merger plan. The joint statement said the merger will be submitted to shareholders and the Interstate Commerce Commission for approval.
MENTIONED IN THIS ARTICLE
Philadelphia
Norfolk & Western Jr
New York
Chicago & St. Louis
Nickel Plate
Hhe
Inter -State Commerce Commission
Also Mentioned on This Page
Ventoaia
Alamo Iron Works
Alamo National Bank
Arizona Public Service
Bay i
Arkansas Western Gas
Aztec Oil & Gas
Bank of America
Berkshire-Hathanas A
Carpenter Paper
Cascade Natural Ga
Ig Cedar Pt. Field Trus
Louisiana Electric
Central Maine Power
Chase Manhattan
Coca-Cola
Los Angele
Colorado
Colorado Qi] & Gas
Delhi-Taylor O
Diversa, Inc
Paso Electric
Fed-Mart Sacepee
First National Bank
Frauilin Life Insurance
Fraser Brick & Tile Shazer Frigikattro
Frito Co
Longhorn Port
Ciis2ta Main Bank & Trust
Tee Merchants Fst
Mt. Lisil
Bank of
National Tank
Pacific Power & 9
Pearl Brewing
Pickering Lumber
Pioneer Natural Gas
Pubco Petroleum
Chicago Grain Market
Repub
National Li
Ats Tekoit
Tyan
Ve Teas Industries
Tama Tam
Natl Petroleum
Sesseers
Ae Ve Time Inc
LO Trity Petroleum
Gag
Bris
Pie Talsinuca
Bawape
du Pont
Eastman
Procter & Camble
Mohascoj¢ Industries
Hupp
Themarket
Admiral
RCA
Rayonne
Raythe
Taw
Gillette
iGimber Aleta
Amerida
Amatric
AinBose
Ameya
MUELE
GiNoRy
GulfOi
Seherin
jSea AL
Sear
SimPa
lInind
Sinelai
InkisMe A
Sincini A
Iscaika
IntNek
SthrnCa
StudePk
Jlekhac
Sundil
Sunray
SwittCa
Texasca
Lonesgs
Englel
Lorilrd
Imen
Westab
Nia
Israel Farm
Prober
India
Ma Ferguson
Ararestian
Guzrany Federal 75H Loan Association
HST. Marys
Television
Rada
Channel 4
Woai-Tv
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