Independent from Long Beach, California on March 16, 1966 · Page 14
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Independent from Long Beach, California · Page 14

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Long Beach, California
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Wednesday, March 16, 1966
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Page 14
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NEW YORK STOCK EXCHANGE TRANSACTIONS p r i ces Still OH, Wall Streelers Talking 'Support* NEW YORK i4t--The stock market took another sharp }lunge Tuesday, recovering partially as it came within shouting distance of the 900 level in the Dow Jones indus rial average. Trading was heavy. Volume was 9.45 million 1 shares compared with 7.41 j on 158,700 shares. Collins million Monday. Radio was second in the list The Dow industrials took ai w jth a loss of 2'/4 at 63/4 on net loss of 6.01 at 911.08, hav-i55 i6 oo shares. It touched a ng recovered from a drop to'| mv of 60. 908.79 at 2 p.m. , Admiral was also among As recently as Feb. 9 the the actjve issues ,, d ^ average closed at 995. 5 andj^, on th d bu , was we|! Wall Streeters were_talkin B | a b 4 u v e jts lnw ' where it was confidently of reach.ng the down around 9 in , s Other 'magic 1,000" level m the eleclronic i ssues ^followe(l a T U E S D A Y they speaking hopefully of reach- similar pattern. were i Steels were mostly tinns lower. Autos frac were steady after wiping out some iearly small declines. Du Pont skidded 3% on hunting, particularly among to P °f Monday's 4-point de :he speculative and secondary cline - Amon g the ra ' ls - Cni ssues, pulled many issues upi ca g° North Western from their lows. (dropped 4i/ 2 . Southern Rail way 3%, Northern Pacific Atlantic Coastline 3 and almost' nominal throughoutiPennsylvania 2'/ 2 . * * * * AIRLINES followed the to j same pattern as electronics OOland inched up from their stock index skidded n.50 toiworsl levels in the final min- 87.35. jutes. Trans World and Losers outnumbered gain-jUnited lost 2% each, National crs by 1,017 to 240 as 1,428 is-J2, Pan American 1 3 4, Western sues crossed the tape. There!!'/» and Northwest 1. were 112 new 1965-66 lows! C i g a r e t t e stocks were and 2 new highs. jbunyod by recent wholesale * * * * [price increases. Philip Mor- PAN American World Air-iris soared 7, Lorillard 2%. and Liggett Twwtajr'i Ckxing Mm rraf»am«r rransltron A Tranjwn PL rl Cont cv Df II » -- V. Chain 4 49 -- 1 Rexall 71 42V, 252 do cv pf t lit -do Df 2.37 t S*±! ng "support" at around the Am oi«in xd 6 »£+ v* Am FI P* 44 39%-- « Am . , _ Am Exp 1st) "A* ii wave of bargain Nat S'artd N Starch Nat Steel Nat :ug Rtf Nat Tea Natomas Nelsncr Ntptun* M Nevada Pw Ntwbirrv £ i!TM El ew Eng TT Newmortt do pt I N Sh do pt Cresr corp do of 1 Knowl 20 row Coll 1 rk Buying interest, as measured by upside volume, was the session as selling pressure! Am Am Am A m - . Am -Rtifirch Am Sealing Am Stilo House Ftn do cv nf Houst LAP How John ion Howard Str Howmet Hud Hunt Cumins mEng 10 50'/-~ " 243.60. Standard Poor's 500|and SStt £ 8 8 do pf 3.60 1.60 t7Vt~VA do pf 3.40 .60 65'A-r- Nlao Shr II 18*i-~ an Dieao imo 55 , - iand«rs Assoc 130 33V] " "" Unit Utll Ui Whelan Unlv Amer do of do 2d pf Unlv Lf T Unlv Match Unlv Oil Pd Upiohn Idaho POW Ideal Om III Cent ind 107 35%-- I'/i 3 10 - 'A 44 «OH-- ^ 17 I -- % 6 73'/i-- Vj 712 9 61V4-- 85 35'/i-- do 1.25 01 do 4.1 pf Am. Zinc Ametefc AMP me Ampex C indln HdMxd 42 22'A-- indpls PowfcLt 36 343-i-- ways topped the active list. It Nor Sta Pw 118 do Dt 4.11 . do Df 3.60 7. I Scab A Seab Finan Seagrave Scarle GD fell to a low of 53% but man Prices were lower on the aged to bounce back to close; Nwit Airil Nw Bine NwStl W Norton O American Exchange. at 55 VS. off 1% on the day Arlanj D Sir 30 20V24- V. Int Harv do pf Int Miner Int Mining Int Nick OVER THE COUNTER Sham OG Sharon Stl Shattuck Shell Oil Occident Ptt 385 4t -- 1/4 Isnev Is Scat) Dlvco Way Dobbs Dome Doml Donnelley Alrc Co ,«, ,,,, ,. t , Quotations compiled bv the National Association of Securities Dealen it 108 68 7 /i--HV approximately 9:30 a.m. Bids arc representative Inter-dewier prices and do not 8 22H-- H, include retail markdown or commission. Asked prices havt bitn tdlusted upward 51 ?2 -- **. (n include approximate markup. Ohio Edls do pf do pf 4.40 .30 874.1 . do pf 3.93 2.00 77 . . 24 39Vir--VOkla GE 42 26V,-- V 144 66'i--1% do Pt 80 3 16'/i ' Vornado WSl Corp 13 48 ·(- Vi Vulcan Mat 19 19 _ i// U 28W. . , 9 33Vi-- Vj! -.. ._ . --1V 7 : heraton Sherw Wm Shoe CD Am Asked I t !**«i Pa Gas I. Wal 16V4 Palomar Mart Ask EquiW Funding l7ViiEsoro Inc riUndrwrllri *«i. iSz Fidelity Bank IS"* T6W 17W !j5r FireUndtrwrHeri 36 39H M£ FlrstNatBWIita 12 13** B ,,, . 'S 1 * Flretwood Ent M V/» 5 ub * rl 42" Prod Ltd inc ardenLandCoLId Gateway Nal Bk ?"· 10'A 19 2S'/i-- Vi ASF Plasllk Pak 16 37Yj-- '/.Allied proDtrtln 9 31^ . !Amlro Properties ow Chen Draptr Corp 1 ess ind exel Ent , , Duffv Mott V*' Duke Pw unhlll 1W 1 5fl --1 25 41'.i + H Argonaut Ins Co "" SJ? + lBankofUiJoU« 17 19% BkofLosAnoeln 20'A Bid BeklnsVaniStor 19Va 21 Walworth Ward Food* 282 2S'/2--1 do pf 1.00 91 --1 CO 4 35W--1'A er Bras pf 2 36V.-+ v* Warn 8 Pic Warner Co Warn Lam i Pont do pf 4.50 JQ Lt do 3.75 Pf 2 )ura Corp Clg )vmo Ind 110 37Vi-- v .outturns UO ll«W + ivS Cajblodwm 41 4]3/f 3 ;Cttllfllfe Ins 13 35Vj-- lA'CatPortlandCwn M\/A-- 3/4 Centlnela Val Bk 8 / 4 Century Bank Century Prop 6 32 + V, i Coleman Englnt 19 22% ICohvell Co J6V*-WlConttnental Bk Data Products 1 »"'/·+iA|Dob Corp 3^4- Vm DomlnoueiWatfr 13 3%+ IA Dresion-Barne* 18H+ HfEldon Indui 5 24^-- vj Quotations from th* National Association of Securities D SXttv 3* omo Bk tw» Kansal Elec Pwr 21'A 22t Warren Sd Wash Gas Warren SD Kinetics Corp B Kings Bros Prod Laynt Bowler 14V§-- 24'/t- 30 7 /|+ 37'/4 '/4-4=. SO -- '/4 welch Sclent Weiro Pint westcst Iran Clo Beam Dis Bearings di West Point Pen 51 w Va Puiu /u 2^1 thrawhout the day. Prices do not Include retai Bc.il F do pt Beaunlt Co 50 Beckman 45 Bectn* Dlckln 14 Beech Alrc tl W" Peabodv Coil 25 Penn Dlx 42 12 1; t-- ft Penn Frt 7 8ft-- -A do Df 2.34 1.00 39Vr-- 'A First Crp SB First Fin West First Lincoln Fin First Surety Corp iN M-|oN»L INSUKANCE .in un i.»j -- ild Oil NJ 207 7«i . Wn Bantorp 35 31 /.-- N . Aeln , L | le ,,,, nv , 54 ild OH Oh 19 42V44. V, Wn Md 17 40V4-1 '. Am Oel , ,,,, Cm K'f, 52'A iland . A* 51 12'/4-- V. Wn Pac 11 41H+ ' Do i.«o PI 3SV. 3» ild Press 23 16%- V. Wn Un Ttl 158 45". '1 . Am HeTM Life 13". 14'. LA Dru0 Co 174a ll'-'j Lake A,ro.n..d .«. .» Gvo 6 MVb-- J*! Penney, J C 87 57%-- V* 17 45'/i . . 1 100 -- Vi Hawthorne Fin Pdrlflr SL Trans-Co«st Invnt 4 To Lont Star Stwl Macco Corn Marathon Sec Marine Capital McLtanlndu I Beneficial Std 16V'a 16% Cal Western St 21 29 ! Civil Svc Emp 16Vi 18 omblned ins Co 43V* 44 Acme Cont Assuronct 80V» I! 1 /,: Albertsons Inc Cont Casualty 53% 54% Allied Prop pf Educators in Co im 13 A . . v n Baron Emplr* Life 6V* 6% Am Bldg Main) CP xd33% 34«/i Am Express . _ . ______ do Df -1.40 .40 WVi ...... Pa R R 451 5W4-- 2W 241/3-- lAlPcnnzoll 38 -^[PeopjesBrua epsl t^-n P8.L Kays Roth Killer tnduit Kellogg Keisev Hav Kendall Co Kennecott I Peo 16 35%-W PMDe.G« Pepsi C do pf 5.50 White Mot White 5S i 41 I Pepsi CG Bllg 17 1314-10 «V^iS|PV'nn.Coxd 142 ..... Greetings A 47^ American GvDso Am Pipe Coni F | ri t Am Tltlf First Fin Lite UV* 16 ?lFlr*t Nat Lite Ph 5V Am Rbr IPast 14'/, 15 41 3Ws-- % 10 63 IB 1 /.-- Va BobSle Bks 110 34 -- l'/j Boeing 558 139V + 1W Boise Cascade 16 65V*-- U do pf 270 47'A--1 Bond Strs 23 a/i Book Won B 24 do nf 4.6 do Df 4.40 cfo pf 4.30 do pf4.50 xd .10 Sun Oil Sunbeam Sundstrand Mor 102 102 Phlil Pel 121 52 Phil Van H xd 30 Born Warn 13i 45tt Barman Fd xd 7 1SV*~ Bos Edis 30 41 + 9. Me 86 23 1 /--- dopf4 Korvatte Krasge ss Piocr Afrc °Itney Bow Pit Coke C Pit Forg Pit Plate I pit steel 12',i-- *i, do pi A 11 25 + '/·! do pr pf n 13V*-- '/«. Pit 8, W Vd 51 16 -3 /4JPIttston Co 3 27'/a-- Vj\ Plough 5 IB 3 /.-- '/«' Polaroid Brl^Mv 85 94'A-- '/. Bdwv Hll Strs 4 37*4- % Bklvn U Ga$ 12 33%- V* Shrp* 14 39%-- % Brown Sh 2 57H-- ^4 Brunswk 354 9 J /4-- V* U cklngham cy Erie xd Budd Co Buf Foroe Bull or d Bulova Bunker Hill BurJ Ind Burndv Burrouohs Lab Elect Lac Gas Lane' Brv Lanvirt do pf .SO M .Rockwell Mto 34 21" Ryl Dtch Pit NY 66 27*4 Roval Industrie* "" Ruckrr Co Tamp Tandy Cp Tech Mater Tektronix + 4V»'No Am Life Cas 15% 18 15%+ V. 30 11V»-- Vi 205 35*4 Vi TOTAL STOCK SALES .North River 44 45 ] Cal Writer Svc Final Tuesday 9,450,000' Pacific Indemn 32% 33'/ Campus Casuals Previous BnV 7,414,460, Pennsyl Lite IW « n rwn Mills lu" 118 ' ScantMn Elec «V, IHlCao Tech ind 6'- 6V· Scientific Dat» 5*"j I 'Cascade Nat GUI Wj r ieM Candv 19 K?!£f. n l"' T *!ertipn 49 50". Slerr. P_ac Pwr Wi Potom El Pw 30 20ft-- ft 10.138,5701 ProvlrJ-Wash 26"» Month Ago 8,759,120] Repub Nat L!ft40 Year Ago 5,547,170«5] p ?u | pM 71 Two Years Aoo 5,494,710 s Pfl brd Lf In Am 6% Jan. 1 to dale 451,185,0*4' s cc i n New Hav 41 1965 io Oate 293,!W,645i Surely Lite 7W ind 7 17H-- 'roct G 47 63V4 3 Ub Sv Colo 77 23ft+ Tex fcast T Tex G«s Tex G Sul Tex tndust Tex Ins 192 TOO'/i--6V Tex OIIGas 23 24 3 /4 ibKagos urui 33U 33 1 * Smnh Indus 39 40 , So Cal Water M 19'/4-49 25ft-- 69 43ft-- 47ft-- do of 5:28 .10 1WH+- do pf 505 1.50 1W/4-- do of 4.30 .50 B6W do Df 4.18 1.60 12 --1 do pf 4.0B .20 II -(1 Ins Trust 39ft 39'AiConsol Rock ord 21H 21ft "FN--Foreign Issue sub lect to proposed Interest united Ins Co eauatlzatlon lax." *vnttrt Trust if r/, -- .US Fid G US Life SW Research Spragut Elec 24','] , Sorlno St Caoital 4** TtVjjStalnlns Stttl 6 r /* American Stock Exchange Wcstch wrst Travelers .Vilshire In* Co ^ASTERN BANKS Jankrn Trust Chemical Bank 4 I Dlvenn Inc pf 77'/ 4 3V Ducommon Inc 19 Dun Brach1re*t 59V* Economics Lab 40 1 41V 471* Electro Instr 9". 91/1 II NB Chi 361* 36'^ Electrol --- Electronic Cai Tuesday's . Closing Prices Lock Alrc Loews The» Lena S Cem Denny's Restrau Desllu Devon P Oils S ome Pel orr Ollv Driver H 37 9 v s Duraloy 31 20'a Duval Corp Equity Cp CaDCItvBdcst Carborun Gree . Grinnell Corp Hardline* Ditbg Hoover Co Security Pflc Nat Bk SF 34 Pac Sin Won Bk XD S«c Fst Nat LA 42V« Umon Bank LA 38V. /lllager tnc TT'/j M Vaddeli Reed 41 49 " ck Elc tnc 15*4 if " llS 5 C 1 ^ n 2m-- H 1374 1.20 !» ,f MacAndF Mack Trucks Cec» Corp Celanasa do rt do of G -- 'A | Aft C L Co , . Alt Research 5 'Atlas CP Audio Dev Auto Rod anff Oil arnes Eng ilock I nit raill Trac reezt Corp British Am OH US Nt Bk SD Valley NB Pri Gen Plywood ,, Giannlnl Con MS Giant Yel So Card 1 .W 4 Magma Cop IB Magnavox 1061 92 --1% MaTlorv 73 48 -- Vt Manhat Shirt 1 33 l /«- Marathon Oil B5 S3V* Hev Corp 4 45'-i l v,'em i Inc 8'i Andrew Jergens *y:» 26'41 Western P-jb Co 21 Jerrold Cam 21^, 72% I Wtitgata Cal A 8'/ 7 fga 28"i|Wltti Corp 23'ilWrather Corn Kalttr Steel C do Pf Kitlwood C Gt Lak Chem Gulton Ind HB Am Hazel Biih Heinicke ftS 8TJS- J 3 V^,v1 22 --V^'Gen Dynam 30? 53 -- IVi ·V5en Elec : Gen Flnan 85 Hi PS i Ce.i Me Po* 9 k 93 .-IK*-- ·"* Gftn HO 4fi --l"j ^en 54 6"i.. ., do 5 pi 87 38"?-l" 3 Gen P {fen 2.30 90'/i + l !Gen Prec SJ,L Ddt 14'A IS 1 *'Keystone Cull Fd 24*i 2S ) /?lZ»r horn Sterl Prec Sunair El Sunset intl Sooerrretr vntex So vstron Donne WASHINGTON (UPl)--WIthJriw4ls and deposits in Treasury accounts tor the fucai vtar through March 10 comoartd to a vear ago: .Niagara Share ; ?·;'· aSlrliri!- 1 " Bobbie Brook! Junal]-M«v» .ini.tttMt.O4.123.05 UI401.243.M0.13 Dri l, S .«,rch2S ..S ! D """" Mines Aorll 29-Marcli 31 m April 20-March 29 . , . C«ih Bitance i J24, 7*3.95 15,331,195,154.0*1 M tM*. M*.. **. M». M, MM INDEPENDENT--r**^* C-T IT M tUTS Ul HOW TO TAME YOUR INCOME TAX '5. UKf IT TO WOCKI T««yV» 10TM «p»rta ol «klppin| up a FIDtRAl f«tt. ·enrflt* NIK ratum AND Mw« an~ y»» «"«, «~nr, JTJ|| DnrkrywriMfMtllOCK ·· ·frk* tadiiy. I T M i _:*UARANTIf3 Ecw«t« pr*fwr«i«ii «f avtry Mil* «v «rr.ir» Ihof c«f y»tf wy |i«n«lt Amtrin't Largest Tix S»rvitt wi»h Ovtr 1000 Offktt LONG IUCH 1412 I. Ilk St. RORWUX I4JI7 ritnnt llv. HUNTIKOTON MAX Nil 1. Fltrinet K, LONG HUH II OS E. Artaili GARDEN* HIM S. Wlitirn WHiniER III) W. WMWtr |l. HAWTrWRIII l?'"l S. Htwtkiilll WlSTMIKSTtR IIHWntnlMttrll. IXGIEWOOD (Ml W. Canl.rj OAHOEN UOVI-ITII DlrtM Dit*l ll«d. WNkiiyi, I i.i».-« ·.«.! Sit, i S». 1 ll N. «M-MH I NO APfOINTMINT NECISSAXY | We are pleased to announce that JOHN I . KIN(; and K1CHAKI) D. SliKMAN *re now associated with us as Registered Representatives EASTMAN DILLON, UNION SECURITIES CO. WEUHU NEW TOUK STOCK txr.H 4.'(,t, FACIFIC r.nA'T STOCK MCHA^Cf Ann o.'Hru i rMtiv, ttrHANcn 138 I^M-|l»t A v i Phone: HK 2-0981 Niw York · loiton · Phll«d«lphi« · Chic(|0 L« Anf«l*t · San Frinclico - Sin D«fO · Lit Va(i« · San Marina bcondldo · Vantur* « Hlvartlda · Long Baach · tallnat · San Jot* tnt «har offlcaa In principal cltlaa throuinout tht nation. Cerro _ Cert-teed Ceisna Air ChaH Goth Champ Pap do pf Champ Sp Chaia ManBk hact i Gen Pub Sv Chic* ·Mot"' "3 18%.. .*JGM Cham«tn 96 S6Vi-- % - -- Chamwav 120 11 -- % , .,_ Ch«» A Oh 35 76W-2 |fi Tel ft El Chtttbrpy ... 6f M)/,.. ...|5 Trt_Fla pf MCA me do pf McCall McCord McCrorv do pf 4.50 jMcDerm , t Fofl xd Clarostat iCoburn Cred Cohu Elect Colon Sd Compu Dvnt " mout Scien _.n Mng Cont Coml Cook Pt,W Coro " cm Musical 12 29"-Chi 1 NW 102 115 --4W do of 5 25 114'A--4'^ Chi Pneu T 22 41J.- »4'Gellv Oil CM Rl Pac 7 34"4-- "« Giant PC - -·- 33 - '* G'bral F 65 W.ch S of Musk P Ring Telev Ind Thriftl A ITW' Wt iTrl ^ont wf Ch un u Can Unit Alrc Pd T' ffii/SE? 1 7 Utah fd S ;·"'; Va'soar TOW'Westatts Pet 2.'.',3 Wmj McW '»%'V,'right H 3 ' 4 Yonk Ract ! 5?j TOTAL JTOCK SALES 6ri Final Tuesday 3,3K*XWO U-» Jan. 1 Io dale 1?3,76I.29| ;;' 2 "FN--horeTfln tssue suo- 9 1 1 equfliiiitlon tax." 145 TV Homp Intcrnatl _ . _ Leascwty Trans. .At .. Labatt, John April 15-M»rch 25 April 5-Mnrrh TO April 12-March 31 Metromedia . May 2-April 8 Pflc. So'wtst Air. April It-March 34 f%' Park Chemical . June Z-May 20 - - March 10-Marcfi ?4 4cr|[ IS-Aprll 1 Aorll B-M«rch M :2Vsi3,733,434.B09.?3 . Rtvenu*_co(lectta 514.113,077.244. 17 " ' t.lff.M AAjrchl Most Active Stocks Citrus Market Markets at a Glance NEW Y O R K f-- Vwks-- Lowr- art :adlng Bonrt^-- \'iv»rf I'-t'c" 2»!f! CHICAGO W,^tat--Lower l-r» ·nand. Corn--Mixed, scattered ,--Mixed, light trade. V strong, too SM.7S. Hay Market -,.* r .'.' vl: 1^5 ANGELES '* (FSMN) -- A'fl f*rt" d.--'U.Sr No. 1 35.fr37.00, U.S. No. 2 3 Buv'no 3200, U.S. Nft. 2 teafv 33.00-J4 00, ^4- NO ? o!-ee.\.53_00.3400; LOS Tex G Sul Polaroid t Mflonflvox ANGELES ,^--The P*d«., , . ^ ' News Sfv'ce repofed Tu«sd»y *T""»- ·,, orange and .irtpffrult prices B**r* Stf«l v a-vi unchanged o r A , .k st Growers l«. reoorlrd Ofano« Ft'' Cam l auction markets about stMdv. RtP- Doufl Airc . |r«,i,.,,v, «·,£»^ ^.,^.^1. ·Vfi.JjiJ'. *^' - '- ' ,,«"»« * m J" Tt1 B^_ 1S«^00 W-i--1^1 ISS.SW U'-- ^ . 142,40, 11"^- H, ·IJJiS'i^TS:' los.joo n -n»' W2.»00 »!'/--4Hi 17.300 3S"i- '»; I4JOO »V»-- '. -- -- 1» _]",! »3'»- ' ' the market correction... WHAT DOES IT MEAN? What are its probable causes? ltd probabje long-range results? Why, in our opinion, does the advantage of a selective buying policy continue? Why do current levels promise an opportunity... on a broad scale? And which securities do we see as being especially attractive right now? Get our answers-all of ( h a m - in a special wrap-up report from Dean Witter Co. Come in for your free copy soon. Or mail the coupon below... DEAK WITTER / R Co. ... the people who dig deep Minban Men Verk Stack Liclunfe · ric.lie Conl Suck Ejthml. SAN FRANCISCO · LOS ANGELES · NEW YORK · CHICAGO 20T MST IKOADWAY, LONG tfACH TELFfHONE 437-091T TO: KAN WITTER CO. Pleatr tend me a Irre ropv n! \niir report on the recent market Mtt and itt effect on the economic outlook. Nam Addreu City fhont Numhfr . . . Ms 1t 3.30; cheic*. sec . n, 3J1. ... MS.

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