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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 06, 1969
Page
20
Sam Shulsky explains that retirement income is the key goal for most investors who sacrifice current luxuries. For someone one to five years from retirement day, avoid shifting to an income portfolio too early and maintain solid growth securities while considering taxes and new investments as key near term issues.
Financial advisor outlines prioritizing gains in low tax years and harvesting losses before retirement. Advises pairing new investments with income types suited to remaining tax brackets, suggesting gradual shifts rather than rapid overhauls.
Inter dealer prices shown for several firms include bank, oil, brewery and utilities stocks. Bid and asked values listed with specific entities such as Anheuser Busch Gulf ROS Panell Pearl and Lone Star. The document notes market changes, excludes retail markdowns, and reflects NASD quotations as of Tuesday.
Washington ap agriculture department says rising meat costs push food prices higher amid abundant livestock. Officials cite higher incomes and population growth as drivers, with beef demand up and retail sirloin, chuck roast, and hamburger prices climbing. The government warns 3 percent food-cost rise this year.
San Antonio resident Lance Corporal Espiridion Perez died in action in South Vietnam Defense Department reports describes him as Corpus Christi native alum of Miller High School He leaves a widow Mrs ebonila Perez and two young stepchildren Armando and Juan plus parents Tony Perez Robstown and Juana Gonzales Corpus Christi and brother Tony Perez Jr San Diego Calif
Explanations for sales in hundreds omitted except marked z traded in 10 share lots carried in full. Dividends show codes a b c d g h x and others indicating cash stock distribution or rates. Fractions use f to indicate 32nds.
Cattle and calf totals rise with steers up to 50 higher in Fort Worth market. Utility cows bring 21.00 to 22.10, good calves around 32.00, choice feeder steers 29.80 to 32.90, heifers 26.60 to 29.40, and pairs at 221.00 to 226.00. Hogs trade 400, steady to strong, 200-240 lbs 20.50 to 21.00. Sheep and goats show varied results with spring lambs 28.00 to 28.50 and ewes around 10.50.
New York at 1 p.m. Dow Jones indices show gains in industrials and utilities with modest shifts across the market. Trading volume hits about 11.07 million shares as the overall market trends up slightly.
The Nixon Administration opposes a bill granting farm workers organizing rights under the National Labor Relations Act. Labor Secretary George P. Shultz proposed a special board to handle farm labor issues and testified to a Senate subcommittee against extending collective bargaining and NLRA protections to farm workers amid regional labor unrest.
Washington LULAC members held a Cinco de Mayo boat ride and cocktail party on the Potomac River attended by Albert Fuentes Jr. amid DOJ SBA loan inquiry, U.S. Rep Gonzalez comments, Father Henry Casso, Jim Silva, Gil Pompa, Oscar Laurel, Patty Barrera, and others including Laurel a National Transportation Board appointee and former Laredo district attorney.
Astronauts Stafford Young and Conan run a gravity test at Cape Kennedy simulating the May 18 countdown. The Saturn 5 rocket with a fully fueled 47 ton spacecraft completed a week long dress rehearsal. Engineers test a color TV camera and its effect on systems.
The New York market extended gains with profit taking expected after last week's rise. Conglomerates steels motors electronics and utilities showed strength while aircrafts slipped. On the NYSE 12 of 20 top issues rose, American Machine and Foundry traded a large block and fell.
Senate Labor subcommittee chair Harrison Williams and House General Labor chair John Dent pledge support for a bill to raise the minimum wage to $2 an hour and extend coverage to all but about 500,000 workers. Farm workers would gain inclusion, with hospital staff taxi drivers and various retail and service workers added for the first time. They spoke to an AFL CIO labor leaders conference in Washington.
Two more traffic fatalities were recorded in San Antonio as of Tuesday. Robert Koenig Jr. 13, of 503 Prestwick died at Baptist Memorial Hospital from injuries suffered April 27 when he fell from his father’s truck in the 3300 block of East South cross. Manuela Bensor 43, of 110 Cometa died at Bexar County Hospital from injuries in a May 2 two car collision at Roosevelt and Hansford. These were the 29th and 30th traffic deaths for 1969, compared with 44 at the same time in 1968.
Janet Monkman a 16 year old part time waitress from Whittlesey England rejected a $12,000 modeling job in the United States. The cosmetics firm sought "a very special face" to appeal to teenagers and chose Janet after reviewing her photo. She declined citing she is too young to leave home.
FBI agents join military authorities in investigating the rape of a Ft Sam Houston WAC in her barracks room by two armed men. The assault occurred about 1 a.m. last Wednesday. the men reportedly entered the room with a key or by lock picking.
Vice President Spiro Agnew flies in from Honolulu with wife and two daughters to start a seven day mainland trip. After meeting California Governor Ronald Reagan he plans a $100 plate Republican fund raising dinner and will visit Utah Oklahoma and Virginia thereafter with Mrs Hiram L Fong of Hawaii.
The Texas egg market shows steady activity with spotty movement from slow to fair. Prices paid to regular producers per dozen for washed and graded eggs delivered to buyer cases range from large 30 to 35 cents, medium 27 to 30 cents, and small 18 to 24 cents.
San Antonio bank deposits show a strong year over year lead despite tax withdrawals, edging higher by 66 million from a year earlier and totaling 1.248 billion as of April 30 1969. Major banks listed include Frost National Bank National Bank of Commerce Alamo National Fort Sam Houston Main Bank & Trust Groos National Bexar County Broadway Highland Park and others with detailed balances for April 30 1969 and December 31 1968.
Marriage licenses listed include Frank Herrera and Amelia Aquinaga Devine. John Fry Brooks and Evelyn Nichols. Moses Allen Manville and Dorothy Ruth King. Antonio Dones Jr. and Rita Ann Carpenter. Steven Clifford Staley and Glenda Carol Shalver. Ervin J. Gross and Betty Jo Woodard. Thomas Walter Van Nortwick and Sharon Burt. Herman Borasa Jr. and Harriet Hatcher. Samuel Raul Sauseda and Sylvia De Leon. Antonio Silva Gomez and Socorro Reyes. Huel Dean Turkett and Patricia Oaks. Leopoldo Barbosa Sauseda and Helen Mann. Eldon Smith and Dorothy Ferrow. Thomas Casimir Joseph Haevers and Judith Montevideo. Mario Guerra Jr. and Elida Reyes. Dennis Stillwell and Helen Jones. Jerome Imhoff and Jane Barron. Larry Scheef and Therese Klein. Richard Stackhouse and Patricia Barriga. Homero Mojica and Norma Mojica. Allen Schwarzkopf and Margaret Jackson. Divorces granted list includes Smith Willis, Willis Ortega, McNamara, Pehl, Aldridge, De Luna, Tabb, Wenzel, Pearson, Millsap, Campos, Espinosa, Hadderton, Buster, and Eleanor.
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