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Newspaper

Troy Record

Location

Troy, New York, United States of America

Date

Aug 23, 1966

Page

19

American Stock Exchange Trading Bell to Open

New York AP reports a complete list of yesterday's transactions on the American Stock Exchange. The roundup enumerates price moves and share volumes across listed companies, reflecting market activity and closing figures from the prior session.

NEW York American Stock Exchange

Account executives and brokers mislead on tips and profits

A reader questions the ability of brokerage account executives to prove past customer success. The columnist notes many are sales staff or registered reps who issue daily tips, often in oral form, with no reliable records of results. True long term investors fare better than in and out traders who frequently lose money.

Chicago Livestock Prices Improve Amid Stable Hogs

Demand was active for butcher hogs in Chicago while 5,000 head supplied, the largest in two weeks. Top hogs brought 27.50 for mixed No 1 and 2 at 200 to 225 lbs, with other grades around 26 to 27 and lows 19 to 25.25. Slaughter steer trade rose to 27.75 for primes, with Choice to prime at 24.50 to 27.50 and other grades steady.

Chicago

Five Most Active Stocks on the American Stock Exchange

New York AM reports the closing prices and net changes for the five most active stocks on Monday. Westec Corp shows 99,500 shares with a 49 percent uptick, while Fed Reste trades 08,500 with gains. Sperry R weighs in at 74,70 with an 11h rise. Me Gt Ras Pet at 69,400 TM shows movement. TWA records 53,900 shares with a notable change.

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Hall-Rand Building tax cuts total over twenty thousand dollars

City assessor Charles J. Ellett credits fire damage for tax reductions on the Hall Rand Building at 65-69 Congress Street and 85-87 Third Street. He notes two parcels land assessed at $20,594 and improvements at $30,000, with unpaid back taxes totaling about $67,400 before revisions.

Charles J. Ellett Ellett Congress St 3Rd St Dr. Berney Berney Breen M. M Berney Hall-Rand Congress and Third Streets William A. Breen Orig

Haglund Rites Held For Emil Haglund Retired B and M Brakeman

Funeral services for Emil M Haglund a retired B and M Railroad brakeman were conducted yesterday at the residence 659 4th Ave Rev Benton F Rudisill former pastor of St Johns Lutheran officiated Bearers included Robert W Gardner Sr H William Rupp Edward J McMahon Frank J Rourke Gerald P OBryan and Frank T Kennedy

Emil M. Haglund B&m Railroad 4Th Ave Benton F Rudisill St John’s Lutheran Church Robert W. Gardner Sr H. William Rupp Edward J. McMahon Frank J. Rourke Gerald P. O'Bryan Frank T. Kennedy

India Plans $31.6 Billion Five Year Agro Push

New Delhi unveils a five year plan totaling 31.6 billion dollars to boost farm output and industry. Prime Minister Indira Gandhi seeks about 8.5 billion dollars in Western aid and 1 billion from the Soviet bloc. The plan aims to raise nitrogenous fertilizer production and attract foreign investment amid congressional support.

New Delhi India Indira Gandhi United States Soviet Union National Development Council Washington

U.S. Ponders Nuclear Blasts For Excavations Across Americas

Washington reports the United States may seek negotiations with nuclear test ban treaty nations to allow nuclear explosive tests in large scale excavations such as a proposed sea level canal across Central America. The Atlantic Pacific Interoceanic Canal Study Commission says no negotiations have started yet and the commission is coordinating with the secretary of state and the AEC chair to decide actions.

Washington United States Middle America Congress Johnson Commission The Atomic Energy Commission

Grandfather Remembers Boy and Pony in Probate Will

Edmund A. Burdick of Pittstown died at 85 after a town hall incident. His will names Hal McLaughlin as guardian of a pony Daffodil with harness saddle and cart, and leaves a gold pocket watch to Edmund Burdick. Cheryl Forman receives a sewing machine and vacuum, Frank Burdick gets a truck and $2000, and Lillian M. McLaughlin inherits the residue, with Alfred G. McLaughlin as executor.

Pittstown Edmund A. Burdick Burdick Hal McLaughlin Tomhannock Edmund Burdick Cheryl Forman Johnsonville Frank Burdick Lillian M. McLaughlin Alfred G. McLaughlin John P. Weatherwax

Business Highlights Shows July Dip In Machine Tool Orders

Washington reports July machine tool orders slowed after a 15 percent June drop blamed on vacations. Industry expects high levels to continue through year end. New York judge Bonsal acquits Texas Gulf Sulphur and most officials in Timmins ore strike case, potentially prompting tighter SEC disclosure rules and about 80 million dollars in civil suits.

Washington Industry Trade Association New York Dudley Bonsal Texas Gulf Sulphur Co Timmins

Four Power Firms Plan $250 Million New Jersey Nuclear Plant

Atlantic City Electric Co and three other power companies announce a $250 million nuclear plant to be built in southern New Jersey after shifting from Delaware plans. A second plant near Trenton was also announced, with exact site pending selection.

Atlantic City N. J Atlantic City Electric Co New Jersey New Castle County Del Delaware River Trenton

12th Cabinet Post To Be Considered

Washington AP reports a proposed 12th cabinet post to head a new department of transportation. House debate centers on including the Maritime Administration as part of the department. Other actions cover auto safety, defense authorization, and rural economic development, with key hearings on antiwar activity and education funding.

Washington Department of Transportation House Transportation Department Maritime Administration Senate Johnson House Committee On UN

Viet Cong Reject Peace Parley Proposal as Farce

Hanoi radio reported the Viet Cong rejected a proposed Asian peace conference on Viet Nam as a farce. The group pledged to continue fighting until its terms are met, demanding foreign troop withdrawal, recognition of the National Liberation Front, and dismantling of U S bases in Indochina.

Tokyo Hanoi South Viet Nam Viet Nam Thailand Philippines Malaysia China U.S Indochina

Also Mentioned on This Page

the Daily Investor William A. Doyle Doyle Menands National Association of Securitie Dealers Bankers Trust C.E.I.R Chemical Bank Citizens Utilities Crowley Milk Dow Jones T.V. A Glens Falls Ins Hud Pulp & Paper Huyck Corp Ionics, Inc Lilly Eli B Magic Chef Tms Midland Capital Nat Com Bk Tr Alb New Eng Gas Potash of America Russell Stover Sm Bu of N.Y Sprague Elec State Bk Taylor Wellington Manage Wyandotte Chem Union Nat Bk Tr Chicago Livestock Brad Foote Houdailie Ind Trico Mtge Invest Amphenol Corp Harris Intertype Apemp Central Hall Printing John's Bar MadSq Garteen McCrory Cor North Penn Northrop Corp Polymer Corp Riley Stoker Allied Mill Seeburg Corp ShopRite Foods South CarNatBhk Talcott James O Tonka Corp Mr. Haglund United Press International Viet Cong W. E. Burnet New York Stock Exchange State Street Troy N. Y
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