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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Oct 11, 1960
Page
4
Wall Street posted a light session with few decisive moves as volume fell to 2.09 million shares. The Dow rose 89 to 587.31 while the Associated Press average steadied near 20800. Trading showed mixed results across industries with rails and electronics lower and autos advancing in a subdued market day.
An Q and A format discusses cumulative provisions of preferred stock, dividend obligations, and liquidity. It explains that preferred stock has priority over common in liquidation and often fixed dividends, with examples like a 8.9% annual dividend and how earnings plus reserves affect payouts. It also notes that stock splits may occur even during pending lawsuits, depending on case specifics, and invites readers to send questions to William A. Doyle.
The Brittonkil School District Junior-Senior High PTA schedules a square dance and community cut together at Tamarac High School today at 1 PM. A business meeting precedes the dance during which PTA program pamphlets will be distributed. Entertainment and dancing directed by David Stone.
A Salvation Army unit fulfills small, vital needs for a feeble mother. A 93 pound woman receives an upholstered chair with care as her son is gently lifted to a window seat. The story highlights the charity’s work among 40 United Fund agencies supported by the public.
Two Troy Area girls were named to the President's honor list at the State University College of Education at Potsdam for the semester ending in June. They are Constance Flood and Ruth Ellis, daughters of local residents.
St Josephs PTA invites Ralph Fauk e nbaum to address How Vision Affects Reading and School Achievement at 8 p m in the school auditorium. Introduced by Mrs Martin J Burke Jr the talk follows by Dr Tannenbaum a Columbia grad with postgraduate work at Massachusetts College of Optometry. Mrs Joseph F Kelly leads business, Mage results of a rummage sale reported, plans set for a membership tea and faculty reception Sunday 4 to 6 in parish hall. Barbara Richardson Hudson Valley Girl Scouts district director will discuss sponsorship programs. Social hour to follow under Mrs Fred Ryan Mrs Howard Carroll and other mothers.
Troy Club members and about 100 guests attended an open house to mark the fall season. The event featured a cocktail hour a diet luncheon and tours of refurbished rooms led by John S. Mabin chair of the house committee. Highlights included a new lighting system redecorated lobby draperies and reception rooms and entertainment with billiards cards and World Series viewing chaired by Albert Page.
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