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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
Jun 13, 1967
Page
6
A reader column explains compound interest with examples. It shows the formula S equals P times (1 plus r) raised to the nth power, using $1,000 at 5 percent for 15 years to yield $2,078.93 with annual compounding and $2,107.18 with quarterly compounding, then discusses stock advice and a complaint about a broker.
The article discusses charter or supplemental airlines profiting as they expand beyond unscheduled flights. Factors include Vietnam war impacts, tourism growth, and CAB policy changes. Airlines project over 280 million dollars in revenue, with plans to operate 250 seat Douglas jets and serve both military and civilian markets.
New York stocks showed mixed moves with notable activity on the New York Stock Exchange. Traders watched key names across industries as prices fluctuated and daily volumes remained robust amid ongoing market uncertainty.
Washington figures fear sunken World War I tankers off US coasts could release oil and pollutants into beaches. A Johnson administration study led by Interior and Transportation secretaries will assess hazards and potential corrective steps with Navy aid. Politicians warn of increasing oil discharges as wrecks corrode and shift with currents.
New York reports a higher open in moderate trading with mixed moves across sectors. Ford rose on active volume while Chrysler held. U.S. Steel and Bethlehem mixed. Ralls and New York Central rose. Pennsylvania up. Itek and Telefyne flat. Xerox and Burroughs up. Fairchild steady. Boeing up on strong Boeing activity.
In Morro Bay California divers report sea otters, now protected by law, have devoured most of the red abalone along the San Luis Obispo County coast and are moving south. The Fish and Game department plans to herd otters out if a way can be found. The article also notes the first state park for the handicapped, Harkness Memorial State Park in Waterford, Connecticut, per the year guide.
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