Market Health Outlook for Local Investors Cited by Brokers
New York and American Stock Exchanges draw mixed opinions on market health for local investors as Winchester brokers express cautious optimism that better days lie ahead.
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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Oct 25, 1974
Page
9
New York and American Stock Exchanges draw mixed opinions on market health for local investors as Winchester brokers express cautious optimism that better days lie ahead.
Winchester brokers express cautious optimism amid inflation. Reynolds Securities manager John Cussen reports growth and new accounts, while Scott and Stringfellow’s Eleanor Casey notes limited margin activity and stable staff. Both see weak housing and motors, but strength in steel and gold, with a brighter long-term view if rates drop.
Fredericksburg commonwealth's attorney H Harrison Braxton said he turned his completed Warren County Sheriff's Department investigation report over to Judge Duncan C. Gibb with no further comment. Sheriff Gary T. Keyser resigned effective Nov 1 for personal reasons. Judge Gibb accepted the resignation. Braxton said his work is finished.
With two weekends before the November 5 election, Republican J Kenneth Robinson and Democrat George Gilliam vie for the Seventh District seat. Independent Paul A. Stacy seeks to join via a court ballot suit in Richmond. Robinson gains local endorsements while Gilliam cites VEPCO rate stance and broad Democratic backing.
A Frederick County Circuit Court jury found Clinton Westbrook Brown guilty of voluntary manslaughter in the Feb 3 shooting of Wilbur Honesty Jr. at the Hilltop Inn. Judge Elliot Marshall imposed a five year penitentiary sentence after the defense argued provocation and reasonable doubt on first degree murder.
A report on last weekend's Federal Drug Enforcement Agency workshop will be presented at the Winchester Frederick County Drug Abuse Committee meeting next Wednesday. Director Robert Rhodes said the 7 30 p m session will be at Braddock Street United Methodist Church.
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