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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Aug 27, 1964
Page
20
Investor questions about calling a bond and how call affects interest. Doyle explains that when a bond is called the issuer pays the par value and stops interest, and ownership must be registered to receive the call notice. He also covers tax on Series E bonds, clarifying how to report only the interest earned, not the entire redemption amount.
New York markets slipped for a second straight session as volume collapsed below two weeks. Dow fell 2.99 to 829.21, with volume about 3.3 million shares, the smallest since August. AP index dipped while rails and industrials led declines amid strike fears and uncertain policy.
The notice references an article about piles in Readers Digest September issue. It notes that most people suffer at times and explains causes risks of ignoring them and dangers of self treatment with patent medicines. It highlights the magazine's content and credibility.
A nitroglycerin explosion at a munitions factory in Sao Paulo State near Rio de Janeiro killed at least one person yesterday. Four people were reported missing and a number injured, according to military authorities.
Stainless steel shipments in the United States last year rose to 659000 tons, an increase of five percent from 1962 levels, reflecting steady demand for stainless products across industries.
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