Market closes lower for third day in a row
New York stocks ended a third straight session in the red amid a mixed day of trading. Airlines rallied briefly on hopes of airline strike arbitration but late news dampened optimism as major issues like IBM and General Electric slipped while Delta and Pan American showed mixed moves.
MENTIONED IN THIS ARTICLE
New York
Eg&g Inc
du Pont
General Electric
Chrysler
IBM
Delta Air Lines
Pan American World Airways
Middle South Utilities
Continental Air Lines
International Nickel
Sperry Rand
Calumet & Hecla
Cyprus
Anaconda
Sanders, Associates
Texas Instruments
Motorola and Allied Products
American Stock Exchange
Dennison
Dixilyn
Esquire
Flying Tiger
Levin Computer
Merncar
Solitron Devices
Monarch Marking System earnings and Acme Markats Inc results
Monarch Marking system in California reports six months ended June with sales of 14,096,000 and net income 574,000. Acme Markats Inc shows quarterly results for July 2, 1968 with sales of 32,854,159 and net income 3,019,903. Parameters note RK 25th and 5 percent stock dividend adjustments.
MENTIONED IN THIS ARTICLE
Monarch
Acme
Hay and feed markets update in Los Angeles
Grain sales in Los Angeles show hay and feed items delayed by water shortages. Market notes indicate prices rising modestly as farmers await supplies and irrigation returns.
When Conversion Prices Change in Convertibles
A reader asks about liability when a broker does not notify a conversion price change on convertible debentures left in street name. The column explains that changes to conversion rates are not unusual and must be disclosed in the indenture and charter, with no legal opinion given.
MENTIONED IN THIS ARTICLE
William A. Doyle
Panver Life Security
Tissue Maker Hiking Prices 5 Percent
New York based Doeskin Products Inc. maker of sanitary tissues will raise all prices 5 percent effective September 1. The move affects its full range of tissue products and follows previous price adjustments this year.
MENTIONED IN THIS ARTICLE
New York
W — Doeskin Products Inc
Atlantic Richfield Hikes Dividend to 70 Cents
Atlantic Richfield Co raises its quarterly dividend by 5 cents to 70 cents per share payable Sept. 15 to stockholders of record Aug. 19. The firm, formed with Atlantic Refining Oil Corp. this year, has a 39 year dividend payment streak. last increase for Atlantic Refining was from 60 to 66 cents in July 1965.
MENTIONED IN THIS ARTICLE
Bow Jones
Koppers
Searle SD Industrials
Satebatnee Pteeeaee
Moran Sion
Eget & T
Lear Hee
Dana
Abex Corp
Adams
Oeseke
Admiral We
Asya
Gen & Cersojo
Mn Sharks
Sperry
Piberio
Gates
Owenstern St EU
Rand
Warner
Bomin
Allied
Aaliy SiMe Ia
MacAnd
Ava
Sone & W
Stoke van
Algent Mann
Amerada Um
Airtin
Maremont
Studebaker
Ain
Marsh Fiddo
Ebi & Ss
McDonalds
McGraw
Assoc
el Paso NG
Optical
Eliza Corp Mer
Erie
Middie
Aurenee Inc
Eversham
Eis Amolek
Am Petrol Arm Mission Co
Tidrwat Oil Ag
Mission Dev
Ark-La Gas
Toledo
Datrane
Eansteel
Arlans Ste
Fedd Corpadit i
Monsanto
Torring Co
Rane
Man’ Afant
Trans Trans
Ruddite
Ats
Bs Eenesiea
Moorola
Ie VP
Transwa PI Ag
Banner Ind
Arvin Ini
Barnes Eng
Ashland Oil
Elbreboard
T&t
Belock
Bonanza Air Lin
Atchison
Air City
Elvestone
Murphy
Gan Faraday
Bausch AL Ban
Pratt
Aye Baxter Ie
ANG Ato
Ha Beam
Bis Bova
Natomas A
Bavicson
Beal
Gamble Sk
Va Sen
Nevada
Dickin
Duvalgore
Esaul Bauit
Aynam Eae
Norf & W
Rack & T
Belmont Petre
Bob Pie
Borties Og
Norton
Borman
Norwich
Boston & Me
Gen Tire
Getty
Ohio
Gillette
Vanag Co
Handigan and Brunswk
Bury Erie
Glen
Victor
Ae Glidden
Bunker Hill
Goodrich
Burroughs
Gould
Grace Co
Phoenix
Rand UN
Abe Pac
Walgreen
Kane Ie
Wallace
Wall Tia Murray
Olierina Egtean Corp. Wyers Rather
Carrec Meat Trade
Lerner
Lenox Inc
Alti
Warren
Staugeter
AMD
Mack Alriz
Ine Cai
Barke Davis
Penney
Weems
Mslauahter- Stevergs
Anks Mleredot Inc
Wolte Sa
OH Ven Bancorp
Arizona
Penn
Bank
Chawk
Ali
Jean Ys Hallibur
Dal Bava
Peoples Drug
America
Chemical Bank H
Monogram
India
Casti
Ok Cooke
Muter Co. Foughter Halfers
Mostl
Cater Trace
Bath
Aba Irvine Tr
Nayne & Choice
Waverha
EVSET
Hagaver
Peney
Bermance
Harvey al ‘Az
Petroleum
Bsa
Ewe Hayes
Hisan
Ateans
Sond Cfar
Cessna Air Me
Prs
Phil Vani
Fidelity Bankers Lite
Eorgia
Caine
Hloh
Neseba
Willity
Eni
Way
Patom
Plonger
de Sow
Hooker Cn
United Service Life
Lacabe Elias Fo
Alanet
Ewes
Ima Chris
Ae Grain Ic Va Arms Ra 'Goring Lambs
Diag
Speerr
Chicago
Salem
Hunt
L& Gas Corp
Bagcad
Orug
Ransarhions
Ans
Brlprat
Austr Electroni
Ward Batanciina
Dei Wa Fe Co
Gola Nl Coltes
Aga Rayonier
Pan Coop
Real Getsis Fepler
Naeen i Interstate Securities
Statham I
Interlake
ATV
Carp
Meron
Lusk
Iby Talley
Lex Cpn
Revlon
Siva
San Knudsen
Ft Mining
Lagat
Fenlomar
Reyn
Ramada
Ritter
West In & Geny Inc
Plavdler
Te Nexcell Inc
York
Fapi— Coton
Eoiva
fs _ Phillies
Canis Nee
Vici
Rohr Corp
Wester
Don
Ryaer Sys
Fevehanse
Princess Lagelors
Cox
Deccan Corp
AZ Cali
Hata Crown Cork
Schering
Kendall
Ennecott
Scott
Cutler
Cyprus
Jaen
Philadelphia
Atlantic Richfield Co
Atlantic Richfield
Atlantic Refining Oil Corp
Robert O. Anderson
Atlantic Refining
Market quotes for metals and meats from East St. Louis and New York
Fragmentary market entries show prices for metals and meats with locations East St. Louis and New York. The text lists per pound or per ounce rates and includes figures like 445.00 per Hlask and 8, 1h, possibly indicating unit abbreviations.
MENTIONED IN THIS ARTICLE
East St. Louis
New York
Over the Counter Quotations and Inter Dealer Prices
NASD quotes at approximately unspecified time. Bids are inter-dealer prices and prices set identified by inter-dealer asked prices. Inter-dealer quotations exclude retail markup markdown or commission. Asked prices marked adjusted upward to include approximate market effects.
Speculators and Investors Balance in Free Markets
A Merrill Lynch piece argues speculators are vital risk takers who balance markets by absorbing prices when many investors seek to sell and by enabling purchases when buyers fear overpricing. It notes most business is with investors, yet it serves speculators with research, wire, and fast execution services.
MENTIONED IN THIS ARTICLE
Oliver Wendell Holmes
United States Supreme Court
Supreme Court
Merrill Lynch
Also Mentioned on This Page
Angeles
the Daily Investor
Doyle
Atlantic
Ial
Mme TE
North Sixth Ave Bay Med
Newell & Robbs
Broadway
American Auto‘Rental
Stone Ave
Kealky Co. Realtors
E. Broadway
Pierge
Fenner & Smithing
Mlubers
KEW
York Stock
Ghana
North Stone
Tucson
MATS
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