Broker Clarifies Stop Loss Order Limits and Taxable Yields
Sam Shulsky explains that stop loss orders are not guaranteed selling prices and that the broker may execute at the market when triggered. He notes a loss from May cocoa due to market depth, discusses potential broker liability, and advises on limit orders and price slippage. He also analyzes a Chesapeake & Ohio gain and compares tax exempt bond yields across brackets. Readers may mail investment queries to Shulsky.
MENTIONED IN THIS ARTICLE
Sam Shulsky
Shulsky
King Features Syn
Dow Jones at 1 PM Dow Industrials Dip Below 892
UPI reports at 1 p.m. the Dow Jones industrial average fell to 891.98, down 3.45, with rails at 233.65 off 2.49, utilities 137.45 down 0.36, and the total stocks at 315.15 down 1.83 amid a 340,000 trading volume.
MENTIONED IN THIS ARTICLE
Dow-Jones
NEW York
UPI
Dow Jones
Investment Trusts Trade Headlines Amid Market Shifts
Markets show mixed activity as the National Association of Securities Dealers and major groups report varied stock movements. Notable items include slight gains in select funds and fluctuating prices across multiple investment trusts.
MENTIONED IN THIS ARTICLE
NEW Arts
West Group
National_ Associ
Mul
Dealers, Inc
Var Rau
Texas Poultry Market Shows Steady to Strong Trade
South Texas markets steady with good demand and brisk movement. Prices for broilers and fryers sit around 17.50 cents per pound while East Texas sees stronger activity with adequate supplies and similar demand. Concrete quotes for various poultry lines listed, with mixed movements and widespread price points across regions.
MENTIONED IN THIS ARTICLE
Texas
Austin
UPI
South
East Texas
Grain and cattle prices mixed across Chicago and Fort Worth markets
Opening trading shows oats and rye up slightly while corn and wheat ease marginally. Soybeans edge lower as grain markets in Chicago and Fort Worth reflect modest shifts. cattle and hog values listed with varied ranges and noted steady butter and produce prices.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Produce & Poultry
Fort Worth
Inflation Proof Medicare Backed Plan Considered by Ball
Social Security Commissioner Robert Ball proposes tying Medicare benefits to the cost of living to prevent erosion of purchasing power. He says the idea is not yet approved but could be part of Johnson's requested Medicare expansion. Ball argues indexing to the consumer price index would keep elderly beneficiaries from falling behind when living costs rise. The piece ends with a local light want ad note about a San Antonian’s life turning point.
MENTIONED IN THIS ARTICLE
Aberda
Iny Res
Tstol
Atfil
Inc
AXE Houghton Gr G Fe
York
Isa Isl Axe
New Axe Sci
York Stock Exchange
Sread
Laam Cn
Abex Cp
Laam Sa
Manhin
Admiral
All Corp UN
Mert Inc
Allied Sir
Auischol
Iean
VY. Amerada
Tess Amairn
Wm Bosch
Balandest
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Wiens
New Hor
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Mongor
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Peoples Optic
Ty Crown
Phila Fd
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Pioneer Vlal
T&t
Put
AM Inc
Ihaig
Ampex Cp
Ie Dreyfus
Ut Inc
NatDairy
Rep Tech
Anken Chem
Ah Energy
ArMcost
Revere
Scud Cn
Ashland
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Atchison Scud SC
Assd
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Fisie
ELF
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Wes Sa Sba
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Stein Roe
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Gillette
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Incom
BoiseCase
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Olin Math
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Borden
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Val Sne
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Adme
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Burroughs
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Repab Steel
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Revion
Nati. Bank
Capital Sw
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Central la
SKY Some Sims
John Man
Oman
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Gorchester
Fon Logan
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Fed. Marti Paso
Florida Gas
Fox Stante
Safeway
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Great Amer, Corp
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Robert M. Ball
Bear Trend Signal Triggers Dow Jones Bear Market Shakeout
The Dow Jones industrial average slid about 90 points or 12 percent as auto industry cutbacks and Dew Theory bear signals sparked a market shakeout. The Dow fell 5.71 points, then dropped to a total 128.72 points from the February high, with rails and industrials breaking lows before a relief rally.
MENTIONED IN THIS ARTICLE
Leslie G
New York
Indus
Cate
City approves health plan with licensing and fines
The ordinance amends the city code to license such establishments and names the city health officer as enforcement officer with penalties up to 200 dollars. Maj. Gen. James K. Mooney spoke in favor, noting a September letter about base issues linked to a nearby rendering plant causing harsh living and working conditions at Lackland Air Force Base.
MENTIONED IN THIS ARTICLE
James K. Mooney
Lackland Air Force Base
S A Girl Dies of Burns in Home Fire
A one year old San Antonio girl Rosa Ramon died Thursday at Robert B. Green Hospital from third degree burns suffered in a house fire. Officials said the blaze was started Saturday when a water heater pilot light ignited the home.
MENTIONED IN THIS ARTICLE
San Antonio
Robert B. Green
Rosa Ramon
S. W
Market Slump Reverses. Blue Chips Drift in Mixed session
New York trading opened with modest losses as investors awaited further news from Detroit. Major automakers Chrysler and General Motors fluctuated fractions while blue chips like DuPont rose slightly. Tech and aerospace shares including Texas Instruments and Polaroid fell amid a broad market drift.
MENTIONED IN THIS ARTICLE
New York
Detroit
Mccord
Wall Street
Chrysler
General Motors
du Pont
Sangam
Antonio
Twain
Itloh
General Electric
Shouta
Texas Instruments
Polaroid
Zenith
Northwest Airlines
Xerox
Boeing
General Dynamics
American
Eastern
United Airlines
Respect for Law Asked by Connally
Gov. Connally urged respect for the rule of law at a San Antonio Law Day luncheon. He warned that disrespect for law leads toarchy and cited quotes from Texas Chief Justice Calvert. The event honored naturalized citizens and awarded Liberty Bell prizes to local winners.
MENTIONED IN THIS ARTICLE
Connally
D. W. Suttle
el Antonio
San Antonio
Sth Circuit
Federal Judiciary
la Villita
Maynard
N. B. Zachry, Inc
Saigon
Alamo
Connaily
An. Zenship
Texas Supreme Court
Robert Calvert
Calvert
Judicial Conference
Daniel Sanchez
Burbank Houston
UPI
Carito
Hich Sehaat Enainn
SeSlyn Kay Horton
Altens Coe Cere
Lawresa Kim
Providence
sWoman
Federal District
Adrian
Chad Lewis Spears
Horton
U.S. Supreme Court
Hugo Black
Also Mentioned on This Page
Chesapeake & Ohio
Ateaiz
Wang Ast Beration
SUNE
Tisiett
Hmiguisie di Ietevi Tives
Nies Whetan
McAllister
Vanadep
Purchasi Es Sociati Io
I Vendo
Nevey Purchasing Agents Association
Republic ‘Steel
Voeipy
U.S. Steel
Visita Assembly Hall
Standard’ Oil
IBM
Metro- Westge
Kansas City Livestock Goldwyn-Mayer
Joan Ye
Kansas City
Weir
Barrows
Hess Oil
Mekatee Wilson Co
WinnDix
Woolworth Y
Slaught Xerox Cp
Medicare
D-J
Gatti
OEDC
S.A
Junior Bar Association
Maurice 8
Cohan
Victoria Plaza Apartments
U.S
Tydings
Maryland
5Th Circuit Judicial Conference
Go Venus Sculut
Lianaig
Dintv
Tefferson Janine
Ues
Alta Rae Ana Real Sae Tis