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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 24, 1973
Page
12
A通信 club discusses changing dues to ten dollars per member amid liquidating value concerns. Old members argue current rules penalize new members if the stock value drops below forty dollars a share, while others push for charging the liquidating value. An attorney advises handling estate transfers through a Transtar agent and notes uncertainties in bylaw enforcement.
New York stock prices rose on Monday after a week of strong gains with heavy turnover on the NYSE. Advancing issues outpaced declines by more than two to one as foreign buyers re-entered the market. Leading actives included American Motors up to 84 on 148000 shares, Federal National Mortgage down to 217 on 17900 shares, and Fuqua Industries at 98,800 shares traded.
SHINCTON UP Art vtabaract m % cunt averares te federally funded aaortin precy are more shoexing than verl publicidad ave responditures on Untiing cautcacts Rep. Wilant J. Dicks a Republican member of the House Armed Services Comittee tris insert a General Accounting Othee GAO report on civilian cast overruns mite the hending record of art escalation problems. While Dickinson's discloxures of eserrans play uinyl nonsefense proyrees evolved bur simaler aserall sums of money, the percentive OF Pyeerun after Wats quite due and Dickson sai even more shocking. As ye are probably ANGE En W Lanlington Wee Hate a beautiful building knows he John Kennedy Center for reperforming Aris. Mckinson said its cost he Said Wis Ostimated originally at 831 milion but soured Wi7z Qulsion 292 per cent overrun. Other samplings from the GAO report included The new FRE building under construction 1 Washington estimated il abd Anim has passed the 3126 million Mark a 210 per cent increase, find is still rising. The Post Office facility at Secaucus NJ estimated at $4 mrillion will cost more than $60 mlen 667 per rent increase. Various National Aeronmadies and Space Administration proverts calimited at $846 outhon cost S152 billion.
Washington Senator George McGovern proposes amending the defense budget bill to require advance notice and phasing of work contracts tied to defense programs. He cites fluctuations in the defense industry as a major issue and urges protections for workers and the communities involved. The plan would apply to firms receiving government contracts and seeks to limit sudden layoffs.
A dense, OCR heavy sheet lists numerous tickers and market notes from the New York Stock Exchange. It hints at varied prices and trades with many garbled phrases, but mentions general market movement and a mix of securities and entities implicit in the period.
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