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Sarasota News in Sarasota, Florida

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Sarasota News

Location

Sarasota, Florida, United States of America

Date

Jun 03, 1962

Page

9

Trend Of Staple Prices In New York And Chicago Markets

AP reporting mixed commodity prices with staples and grains. Text notes soybeans, corn, wheat, rye futures, and naval stores in Savannah. describes demand, weather impacts, and weekly/year comparisons. Charts various price ranges and market tones across regions.

NEW York Associated Press Contary Chicago Idaho Russets Ous Carlet Alabama California Leonani Board of Trade Great Plains South West Oklahoma Texas

Mixed commodity quotes and cattle market notes from New York and Chicago

Cottonseed oil and futures drifted lower as sales reached 403 contracts. Prices for various grains and food items showed minor shifts, with several listed firms and stocks appearing, while cattle numbers were slim and testing limited. Eggs and wholesale prices in Chicago also edged down slightly amid mixed market signals.

Cottonseed Oil New York

Bonds Slide Mixed As Treasury Rises, Utilities Drag List

U S Treasury bonds edged higher on Friday to end the week, but gains failed to offset earlier losses. Corporate bonds on the NYSE mostly held, though utilities weakness pulled the overall list into the red. Volume was $11.42 million. Notable changes included Union Pacific 24s of 1991 up 1% to 69, National Dairy 3s of 1976 up 1% to 107%, and Pacific Gas & Electric 4s of 1992 down 2% to 102.

Sneteennene Etteeee Ear Chicago (Ap Treasury Notes New York U.S Glencoe Chicago Media New York York Rock Exchange Alleg Allied Alcoa Ammchf T&t B&o Boeing FoodFair GenTel Eee Intt&t Lockhd MerrCh Crevents MoPac Ween Searsr Sinclair SoPac Stdo Ind Tex Weeee US Steel Austral Chile Jamaica KLM Norway New York Stock Exchange Union Pacific Borden National Dairy Columbia Gas

Market Psychology and a 166 300 Share Selloff by AT and T

In a dramatic market episode 166 300 shares of American Telephone and Telegraph were dumped sending the stock to a new low around 113 dollars as ticker tape lagged 34 minutes. The piece argues investor emotion signals future declines and urges safer allocations like savings or prime bonds amid rising costs and a growing federal deficit believed to top seven billion dollars this year.

American Telephone and Telegraph New York Stock Exchange America United States Harry Byrd Senate Finance Committee American Telephone DuPont U. S. Steel

New Products Simplify Baby Care In Modern Homes

NEW YORK UP I reports a wave of compact baby aids designed for home and travel. The Jolly-Go-Crib combines crib playpen and dressing table in a nylon net and aluminum frame, portable in a carrying case. Netherlands maker Claessens offers a suitcase-fold baby carriage ideal for walk-up flats. Span Associates markets a one-minute bottle warmer for hot tap water and adjustable heat. Waring Products ships the Golden Guardian Nursery Aid a compact eight-bottle sterilizer warmer and formula maker fitting under a small table.

New York UPI A. C. Development Co Netherlands D.P.G. Claessens Eindoven Span Associates Oil City Golden Guardian Waring Products Corp Winsted, Conn

Many Stock Bargains Available Says Spear

Roger E. Spear head of Spear & Staff Inc asserts now is the time for investors to seek bargains not Dow guidance. He notes the Dow at 14.7 times current earnings and a 4.3 percent yield based on expected dividends of 24, with potential bargains in two to five times earnings among small and semimatured growth firms.

Roger E. Spear Spear & Staff, Inc Spear

Market Drop Skids As Dow Dips From 1960 Peak

New York reports a sharp early week market decline with the Dow Jones average sliding to around 563.24, near its October 1960 level before the Kennedy era rally. Officials including Secretary Dillon and Walter Heller weighed in as tax-cut ideas and investigations were discussed. Reaction mixed while markets recovered later in the week.

Treasury Douglas Dillon Kennedy Walter Heller President Council of Economic Advisers Commerce Luther Hodges House-Senate Joint Economic Committee Securities and Exchange Commission

Florida sugar production rises toward record level

Florida consumption of sugar, a leading product, has increased by almost 50 percent since the early 1950s. Current raw sugar production in Florida now totals about 200000 tons annually.

Florida

Also Mentioned on This Page

Naval Stores Savannah Gum Novel Stores Weekly Rosin Nancy Arena Cesta Gia Amaneas ATFA Treasury Bonds Tokyo West Germany NEW York (Ap Vor Tion Vnv Resch Ers, Inc. Fa Aberdeen Advise Blue Aid Bost Fd Bullock Calif Elect Chase Mass Tr Inc Concord Unavallab Mort Ins Trust Corp Ld New Hor Crown W Nat Wser Delia Fd Inves deVegh M Dreyfus Eaton BI New Eng Eaton Stk NY Copit Elec Inv NCE Sh Energy One Wms Equity Phila Fd Pine St Grth Fnk Fnk Pf Revere Fund Am Trv Cap Unavailab Selec Am Gen Inves States Av&e Smith Eene Cap Gr Invs Ful Ad Sover Inv Gen “Bd State St Petrol Stein RF Grth Ind Stein Stk Guardn Stert Inv Unavaliab Ham Haydock Imp Cap United Funds Imp Accu Inc Unavailab Cent Incorp Inc Inti Scien Unf Cn Inves Bos Invest Grp Winfield Stock Wiscon Select NY Trap Rock Terrington Co Orreseee Egular Am Bendix Corp Ava Jaguar Sarasota Dick Ives Third Street U.S. Treasury Pacific Gas & Electric Commonwealth Edison Brooklyn Union Gas Sears Roebuck Baltimore & Ohio Railroad Union Tank North Palm Dynamic Insurance Rok Harry France France W.W.M Northern Pacific Pennsylvania RR Douglas Aircraft Home Loan Company Inc. of Boston Bell Plaza Orange At Dolphin Crittenden Podesta New York, American, Midwest, & Pacific Stock Exchanges South Gate Plaza Hill, Darlington Grimm Complete Investment Service Raymond Bradenton Florida Municipal Bonds Exchange Place Francis I. duPont & Co Francis I. duPont & Co.r New York Stock Exchange and Principal and Commodity Exchanges North Tamiami Trail Prine Eve Goodbody & CO South Palm Avenue
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