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Troy Record in Troy, New York

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Newspaper

Troy Record

Location

Troy, New York, United States of America

Date

Dec 12, 1967

Page

31

Margin accounts leave stocks in street name

The reader asks how to fix losing in name registration on margin holdings. The expert explains that on margin the stock is registered in the broker’s street name while the investor is the beneficial owner. Dividends go to the broker and not to the registered owner, and changing this requires adjusting the margin setup.

Understanding Freedom Shares and U S Savings Notes

William A Doyle explains the new U S Freedom Shares and related Savings Notes. They cost 81 dollars for 100 and mature at 100, with about 4.74 percent annual yield if held to seven years, sold only via payroll or bank plans, and require EB Bonds purchases. He notes direct trading of convertible bonds or stocks is possible only if buyers and sellers meet, else a broker is needed.

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Kodak Display Ad Teases Page 12 Feature at Troy Plaza

A brief display mentions Kodak cameras to draw readers toward page 12. The note promises a showcase of Kodak products and directs attention to W. T. Grant Co. at Troy Plaza for related displays.

W. T. Grant CO Troy Plaza

Also Mentioned on This Page

American Stock Exchange Divisande van Sanaunk The Daily Investor William A. Doyle Doyle NY Stock Exchange Bunker Hill Magnavox Benguet Sperry An Wtaise Corp Wa Tod Mercury Bart Starr Sports Ilustrated Lincoln Nemith Motor Corp Fifth Ave Troy Pontiac Buick
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