Sam Shulsky on GoGo Funds and first quarter results
A stock writer cautions investors about young go go mutual funds after reviewing the Wiesenberger report on Nuveen first quarter results. The Dow dropped from 943.75 to 935.48 marking an 8.27 point loss. Many newer funds posted steep declines while older growth funds fared only slightly better. The piece warns against hot tips and notes large swings in 1968 versus early 1969.
MENTIONED IN THIS ARTICLE
Sam Shulsky
Wiesenberger
Nuveen Corp
Wall Street
Small Midwest Stock Valuation Negotiation Guidance
A 125 share stake in a tiny Midwest company with under 2000 shares outstanding faces illiquid market conditions. Negotiation with potential buyers is needed as no brokers actively trade the stock, though officers have offered about 500 dollars. Book value is around 2000 dollars per share, but that may not set market price absent liquidation plans.
MENTIONED IN THIS ARTICLE
Q—I
Inter-dealer NASD Quotations Drift Through Day
Over the counter quotations from the NASD reflect representative inter-dealer prices that evolve as markets move. Prices shown exclude retail markups, markdowns, or commissions.
Federal funds approved for Villa Rosa Rehabilitation Unit
The Department of Health, Education and Welfare approves a $549,817 federal grant for a rehabilitation unit at Santa Rosa Medical Center. The Villa Rosa Rehabilitation Unit will serve patients in the San Antonio area, with total project cost at $1,804,865.
MENTIONED IN THIS ARTICLE
Santa Rosa Medical Center
Department of Health, Education and Welfare
Villa Rosa
San Antonio
New York Stocks Brief Market Quotes
Reading of stock prices shows mixed results with several names advancing and others slipping. Trading seems modest as figures like White Mot, Wickes, WinnDx, Woolworth, Xerox, S&T, Zayre Corp, Zenith align with early gains and dips in a volatile session.
MENTIONED IN THIS ARTICLE
Xerox
S&t
Zayre Corp
We Izenithr
Sa IN i al
Damage to Bexar jail tops seven thousand dollars
Insurance will cover about seven thousand dollars in damages at the Bexar County jail caused by Friday's prisoner riot. Seventy one inmates were involved, with 24 lavatories and 14 toilets destroyed and 50 mattresses burned. Eight rioters were sent to Huntsville state prison for sentences already assessed.
MENTIONED IN THIS ARTICLE
Bexar
Rudy Garza
Garza
Huntsville
HuntsVille State
Bill Hauck
Board of Pardons and Paroles
Hauck
Prado Museum Gathers Bourbon Hapsburg Art Masters
Works of art assembled by the Bourbon and Hapsburg kings of Spain form the nucleus of the Prado Museum in Madrid, which houses one of the world's richest collections of paintings.
MENTIONED IN THIS ARTICLE
Spain
Prado Museum
Madrid
Harlandale High Students Win Texas History Award
Honors in History honors were awarded to Herlinda Soza and Jose Jas at Harlandale High School. The fifth annual Texas History Award was presented by the Alamo Mission Chapter DRT. Mrs. Kearny M. Albaugh announced library book donations.
MENTIONED IN THIS ARTICLE
Herlinda Soza
Jose Jas- So
Harlandale High School
Alamo Mission
Daughters of the Republic of Texas
Kearny M. Albaugh
DRT
Texas
Fashion Fumes Birds of Paradise Plumes in 1890s Markets
Fashion posed a grave threat to birds of paradise as plumage sold for up to 50 dollars each in the millinery marts of Paris and Amsterdam during the 1890s.
MENTIONED IN THIS ARTICLE
Paris
Amsterdam
Dow Jones Averages Down At Noon Trade
UPI reports the Dow Jones at 1 p.m. with declines across major indices. Industrials slide to 950.36, down 8.66. rails fall to 238.65, off 1.14. utilities ease to 131.39, down 0.58. overall stocks down 2.27 with total volume around 7,900.
MENTIONED IN THIS ARTICLE
New York
UPI
Dow Jones
Indus
Seakeek
Texas Egg Market Gains Momentum in Austin
Texas egg market shows stronger demand with fair buying on mediums and smalls and improved activity on large eggs. Prices paid to regular producers per dozen for washed and graded eggs delivered to buyer include large 28 to 33 cents, medium 22 to 27, and small 15 to 20.
MENTIONED IN THIS ARTICLE
Texas Egg Market
Austin
Conservation Society Elects New President in San Antonio
Mrs. Brooks Martin elected president of the San Antonio Conservation Society. She succeeds Mrs. E Humphrey Price and takes office Thursday at River House. Other officers installed include Mrs. A R Rees as vice president and finance chairwoman and multiple vice presidents, secretary, treasurer, parliamentarian, chaplain, historian, and several directors.
MENTIONED IN THIS ARTICLE
Chester S. Weincek
Charles L. Kuhn Jr
Shelby C. ‘Stanley
Milton C. Varga
William Bradford
William Christilles
B. Herman Dresch
Irvin F. Garner
Val Luckett Jr
Girl's Death Probe Grows After Vehicle Collision
Police investigate the death of four year old Sheila Griffin who died May 1 five days after being struck by a car near her home. She had been treated at Brooke General Hospital after the April 25 accident and was released before her death. The driver was identified as Thomas Smith, 39, of 531 West Moreland.
MENTIONED IN THIS ARTICLE
Sheila Griffin
Marchmont
Brooke General Hospital
Health Department
Thomas Smith
Westmoreland
Nine Trainees Learn Food Stamp Duties at Main Center
Nine women are being trained at the main food stamp center in the city to issue food stamps. Raymond Cheves of the state welfare department notes an Austin fiscal division accountant teaches the sessions. The trainees begin June 1 and will staff satellite offices across the city, with recipients notified by letter.
MENTIONED IN THIS ARTICLE
Graham
Raymond Cheves
State Welfare Department
Austin
Cheves
Kentucky Court upholds fluoridated drinking water legality
The Kentucky Court of Appeals declares fluoridation of drinking water legal, ruling that benefits outweigh alleged disadvantages in a decision from Frankfort.
MENTIONED IN THIS ARTICLE
Frankfort
Kentucky
Court of Appeals
New York Stock Market Sees Sharp Decline In Trading
The New York market slid in a day of moderately active trading with losses led by about 475 issues. Lockheed fell after the Army canceled its $800 million helicopter contract while Occidental Petroleum rose and Roan Selection Trust gained.
MENTIONED IN THIS ARTICLE
Dow Industrial
New York Stock Exchange
Lockheed Aircraft
Army
Occidental Petroleum
Roan Selection Trust
Atlantic Richfield
American Stock Exchange
British Petroleum
South San Antonio District Faces Accreditation Decision
A report on the accreditation status of the South San Antonio Independent School District is due next week. TEA has placed the district under final warning and investigated it for months over failing to meet standards. The board adopted 11 policies including a grievance procedure and merit based personnel decisions. A special meeting was scheduled for June 2 to study building needs and consider a bond issue election this fall.
MENTIONED IN THIS ARTICLE
South San Antonio Independent School District
Suee Joe C. Hutchinson
Texas Education Agency
TEA
South San Antonio
Two Students Face Marijuana Incident at L A School
At Oliver Wendell Holmes High School a fistful of marijuana in a plastic bag was found and two 15-year-olds were questioned. A boy was turned over to juvenile authorities and a girl to her parents after she claimed she was merely holding the marijuana for him. Police raided the school after a teacher tip. Separately, an 18 year old girl was arrested nearby for heroin possession with seven capsules found in her bra.
MENTIONED IN THIS ARTICLE
Oliver Wendell Holmes High School
Welfare limit endorsed by San Antonio group
The Family Services Association of San Antonio Inc endorses an amendment to raise the annual state welfare spending limit from 60 to 80 million dollars. The board cites reductions in grants to families with dependent children and others receiving welfare payments and says the proposal will be put to voters on August 5.
MENTIONED IN THIS ARTICLE
Family Services Association of San Antonio, Inc
Association
San Antonian Drowns in Gulf
The body of Raul G. Garza age 43 of 226 Waller Street, San Antonio, was pulled from surf off Boca Chica Beach near Brownsville. Coast Guard said he stepped into a deep hole while fishing and drowned. He was pronounced dead at the scene by Justice Bud Emmons.
MENTIONED IN THIS ARTICLE
Raul G. Garza
Waller
Boca Chica Beach
Brownsville
Coast Guard
Garza
Bud Emmons
New Teaching Method to be Demonstrated at Sheraton Inn
A new method for teaching young children will be shown on Wednesday from 11 30 am to 3 pm at the Sheraton Motor Inn 1400 Austin Hwy. Elaine Bruner education specialist from the University of Illinois will lead the demonstration.
MENTIONED IN THIS ARTICLE
Sheraton Motor Inn
Austin Hwy
Elaine Bruner
Bureau of Educational Research
University of Illinois
Burglars Enter Five Local Schools Over Weekend
Police report five local schools raided with loot around 800 dollars. Dorie Miller Elementary and Lincoln Elementary lost movie gear audio-visual equipment and food worth about 763 dollars. Wiltshire Elementary suffered 20 dollars in damage and Irving Junior High had several textbooks stolen. Minor vandalism noted at Ira Ogden Elementary with no theft.
MENTIONED IN THIS ARTICLE
Dorie Miller
Lincolnshire
Lincoln
S. W. 40Th
Wiltshire
Cascade
Irving Junior High
Morales
Ira Ogden Elementary
Seal
US Eases Potato Imports With Smaller Grade Standards
The Agriculture Department relaxes import rules for round white potatoes allowing smaller sizes. Minimum diameter for grade 2 potatoes set at 1 1 2 inches versus the former 17 8 inches.
MENTIONED IN THIS ARTICLE
Washington
UPI
Agriculture Department
United States
San Antonio Livestock Auction Report With Fort Worth and Kansas City Figures
Anticipated cattle and calf sale totals around 600 head today, versus 338 last Tuesday and 468 a year ago. Prices span utilities 19.30-21.10, cows 15.70-21.80, bulls 22.60-25.80, calves 29.50-30.80, heifers 27.10-31.20, hogs 23.00-24.25, sheep and goats quoted with varied steady to lower values. Fort Worth and Kansas City markets show similar cattle, calf, hog, and sheep price ranges with mixed demand and strength in certain classes.
MENTIONED IN THIS ARTICLE
New York
UPI
Ind
Igo
Pues
Mutual/invest Group
Inc
Jamedar
Aberda
All Am
Honck
Alpha
Jhnsin
Amecap
Keystone
Cust
Hwwchor Group
Polaris
Knikr
Knk Gth
Hse Asso Fd
Lex Inc
AXE Houghtn
Lex Res
Librty
Fond B
Life Gr
Stk
Fnd
Life Ins
Axe Sci
Ling Fd
Robson
Loomis Rr Bnd
Stk ‘Ae
Can Int
Bost
Cap Dr
Fd Mi
Mat
Broad St
Monhin
Bullock
Mass Fd
CG Fund
Mass Gr
Cdn Fd
Mass Tr
Cap Inc
Mates
Cap Life
Mather
Cent
McDon
ST Bosais Mif Gth
Chem Fd
Ae Gr
Cflorial
Nat Ind
Comonwlth Balon
Divid
Incom
Comonwlth Crwth
RUST
Wst
Ree
Neawth
C&d
Nw Eng
Hor
Ocean
Omeaa
Cons Inv
Cnsum
Corp Ld
Onit
Cntry
Opph
Cwn Dal
Penn Sq
Cwn
Div
Penn M
deVgh M
Philand
Decotr
Pilgrmn
Dela Fd
Pilot
Delta
Pine Steuwen Divid Sh
Pioner
Dow Th
Plannd
Drexel
Pree TR
Dreyfs
Pro Fd
Schustr
Essex
Scudder
Everst
Intino
Spec
Fairfid
Sama Cp
Soma
Smith B
Ing
Ins
Stehoman
Alamo Nat
Am Ind
Dures Steneiriee (Ur Mine Tress Rae Fla. Grth
Fidey
Amer
Rvseeres i Fnd Gr
Sci Gr
Hlarer Gen. Pid. Bla
Foundrs
Stein Roe
Foursa F
Bal
Anneuser-Busch Ia Eeu
Cop
Bani' É
Aerosp
Gank
Hig
Thie OM
Issees Neo
United Funds
Lincoln Cons
Accu
Lone Star Brew
Hanover
Main Bank & Trust
Harbor
Scien
Merchants
Seseeee Dueceee
Hartnet
Unf Cn
Nat'l Bank of Comm
H&c Lv
Nat'l
Life & Acc
Fiedge
Val Lne
Pabst Brew
Publ. Ser. N.M
Shoprite Common
Jds Pr
Shoprite
Sommers Drug CO
Secreereve
Viking
Sommers Drug
Wael Sox
Sevesseccess
Wsh
Southern Union Gas 3 Inc
Elec
RG A
West Ind
Telecom Corp
Whitht
Trocor
Pd Tend
Wndsor
Trans. Gas Pipe
Ae Am
Winfid
Ae Internat Air
Bnk
Wiscon
Rniernereeks Ee Me
Adresso
Isla
AirRede Va
Alcanal
Allied St
Allis Chaim
Icoa
Brest
Amer Motor
Va Amt&t
Zinc Co
Venek Inc
AtRich
Pac Gas
Paclic
Ase Bell&hi
Va Bendix
PacPwr
Beth Sd
Pan Am
Black D
Panhdi Mae
Boeing
Aia Parke
Boise Cas
Bourns Inc
Braniffa
PepsiCo
U— Ve Brigass
Pfizer
Bris Mr
Phelp
Brunnk
BriShoe
PhilaEl
Phil Mr
Ee Budd Co
BucyEr
PhilPet
Bulovaw
Pillsbry
Burlind
Piper
Pse&g
Va Eversharp
Ralston
Fairmont
Rayette
Ferroc
Raython
Firesin
Ron Ve Reading Co
RCA Corp
EstNist
Ches Ohio Chase Mond
Eleming
Reviow
Chi
Riegel
Fdfairs
Colocte
Roy
Collins R
GAF Cp
GAC Cp
Gannett
Va ComSolv
GenSteel
Genesc
Crow Coll
Gillette
Singer C
Smithk&f
Cudahy Curtiss
SouthCo
Cyprus
Goodrh Keke
Grace
Grant W
Va Spartan Ind
Aycoc
Grta&p
SpRand
Se Deere &Co
Sauibb B
Rand
Denison
Sidici
DuPont
Hercules
Adl
Hershy
Swift Co
Duquel
Hess Oil
Zeantes
Heublein
Teledyne
BascoCn
Tennec
We East Air
HiltonHodl
Texaco
Va Textron
TraneCo
idealBasic
Trnsam
Unocal
UN Pacific
Itek
T&t
Uniroyal
Va Corp
Aircr
Ee UnAirLine
Usplay
Ussmit
Va Kayserr Kellogg
Dia Bola
Il Usmcp
Ye Kelsy-H
Utah PL
Kennett
Varian
Asso
Ye Klm
Kraftco
Kresces
Walgreen WarkLm
Kroger
WsAirLine
Ie WsBanc
Lear Sie
W Union
LehnPc
West el
Ve .Eh Val Ind
Ve Westies
Ehm
Lou Nash
Macy RH
Mad F Bathe
Magnay
Marcoline
Veel Marsh
Mart Mr
Massey Fr
MaytagCo McCror
McGre
McGrail
McLean
MeadCorp
Memorex
Merck
MGM
MidSoft
Pac
Ohio
Omark
Otis el Co
Owensc
Owenlli
San Antonio
U.S
Fort Worth Livestock
FORT_ WORTH
U.S. Art
Kansas City Livestock
Kansas City
Also Mentioned on This Page
King Features Syndicate, Inc
U.S. Cash Given Medical Center
NYSE
Conservation Society
N.Y
L.A. School
San Antonian
Gulf
Ice