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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 10, 1972
Page
11
A reader asks about saving tiny sums and investing wisely. An adviser urges first building an emergency fund of several months, then small regular investments via a monthly plan or mutual funds, avoiding high-risk speculation. Discusses income levels, taxable bonds, and long-term inflation defense with cautious stock suggestions.
New York trading on the New York Block Exchange saw prices rise as volume exceeded the previous period. Gains centered on peace hopes and improving business prospects with steels motors and chemicals advancing. Eastman Kodak and Du Pont posted gains amid the broader market strength.
Dow Jones averages at 1 p.m. show mixed gains across indices with utilities and transports up slightly. Delta Airlines shares rise after government approves the Delta Northeast merger, while several industrials and materials names advance or slip.
A bustling trading session shows gains for Motorola Texas Instruments and Burroughs as electronic demand rises while wheat and corn face volatility. Curtiss Wright and peers slide modestly with overall grains and oils fluctuating, weather concerns remain for farming regions and harvests.
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