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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 24, 1966
Page
30
A reader assembles a mosaic of bond tax status and market history, noting that government savings bonds are not tax exempt while stock gains face tax. The piece traces postwar recessions from 1948 to 1972, highlights the Dow Jones movement, and debates whether buying Treasuries cushions or compounds risk during downturns. It underscores the need to weigh tax costs, fund types, and timing amid volatile cycles.
The report mixes NASD style cattle and calf prices with over the counter bond notes. It notes inter dealer bids not clearly identified, slight price trends, and occasional markup adjustments. Also discusses short term bonds, E and H bonds not traded, and compares $10 000 investments in Treasuries versus mutual funds with illustrative commissions and price fluctuations.
On the New York Stock Exchange a summary list shows selected stock transactions at 1:20 p m with current prices. The AP report names leading issues and their latest quotes reflecting mid day trading activity.
The text notes a surge in stock investing with about 20 million current investors and an additional 1 million joining by year end. It cites varied goals from funding education and retirement to hedge against inflation, supplementing income, and seeking steady yields through dividends and high-grade preferred stock.
The New York Stock Exchange offers a free 32 page booklet grouping more than 900 stocks for comparison by growth yield and dividend records. It explains investing guidelines and the role of stocks in a growing economy and advises using a member broker for guidance.
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