Garden City Telegram from Garden City, Kansas on February 6, 1964 · Page 3
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Garden City Telegram from Garden City, Kansas · Page 3

Garden City, Kansas
Issue Date:
Thursday, February 6, 1964
Page 3
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Stock Mart Indexes Cause Jitters on Wo// Street By SAM DAWSON \ • AP Business Newt Analyst j NEW YORK fAP)—The stock! fr>irket's long climb back from Its 1962 lows and particularly th? marked rise since President ...J-'mson took over the reins now «tii:ds almost as many Wall ! 5 S reel people jittery as in the J ranks of the bulls. 5 The optimists say the popular 3 Sbck price indexes will climb t to still loftier records. . The jittery folk say there are "'Diree big reasons for stock traders to watch their step just now: —Prices have climbed so long they are rii«? for a reaction. —Many days recently when the popular indexes of blue chip stocks were setting a new high, on the market in general there were more stocks declining than advancing. —Striking price rises in certain favored issues tend to hide that many others, and even whole industries, are still well below the highs they reached in 1931. All this adds up to the present market performance- being — to use the experts' favored word- selective. Some stocks look glamorous—some don't. Buyers of certain issues can brag of good price gains—buyers of others have nothing to brag about, and some have losses to mourn. The record of the economy is just as mixed. Some industries are pushing to new highs in production and i earnings. Others are well along, on the comeback trail from the 1960-61 recession but still have a way to go. And some are still' among the laggards. j ' Many Americans, however, | i color their views more on what i j the stock market does day by i ! day than on the duller economic | statistics. j i And the long rise in stock 1 prices — together with bullish i expectations for coming weeks I —doubtless has added a big share to the general confidence i earnings was greater than the with which most Americans are ! rise in the prices of the stock said to view the prospects for I themselves. 1964. Hie C. S. Lottf tines, the j American Telephone & Telegraph , Company's new cable ship, car- j ries sonar equipment to chart tte j ocean bottom, an X-ray machine! Telegram Thursday, February 4, 1t44 Harbin (Redl Lawson is to hit that i* why any setback In the market—even if dismissed by the experts as a technical reaction—might pull more weight than perhaps it should in affecting consumer and business confidence. No one is forecasting another crash like that of 1962. In fact, stock brokers point out that for many blue chips the 1963 rise in —Whether buying of selling, u«« Telegram Want Ad*! Utttl Of LMfj DrlHNIC* MOVING CM M ».»4»1 DAVIS A, m to check splices and a $3-mUlion ' 13th season as basketball coach englm to tmteel cable. I at the university of Georgia. KINNEY. BLAKE Gloss, Inc. FREE Auto Wash with Windshield Replacement UU j. MfM M 4-7141 1-Qt FIRE KING BAKER Oven-Proof 49c VALUE % Each IDEAL COUPON OINUINI HtAMfSISTANT OVtNWARt ,., 1-Ou.rt Fire King Baker 49e Value Each PIUS FREE CUSTARD CUP WITH THIS COUPON EXPIRES FEB. I, LIMIT ONE Plus Free Custard Cup With Coupon at Right CHEER UP THOSE BUDGET BLUES... SHOP IDEAL FOR THE FINEST SELECTION OF o o o PRICES EFFECTIVE THROUGH SAT., FEB. I, 1964 •LOUJ PRICES Hunt'* Sliced or H»lv»< ' ^^ •• M^ CLING PEACHES 2 "59 Hunt's Solid Pack Tomatoes Hunt's Italian Style Tomatoes Kuner's Croam or WWIo Kern:! Golden Corn Kunor't Pinto or Chili Beans 5 300 $1 Cans I cans 6 303 Cans $1.00 8,; $1.00 jHunft Stowod Tomatoes Hunfs Tomato Juice Kunor't Rod Kidney Beans Kunor** Dlcod or SLICED BEETS 5 300 $| Cans I W 300$| Cans I 6 ,, $1.00 J 303 Ctnt $1.00 KRAFT VELVEETA IDEAL'S TASTY ICE CREAM Assorted Flavors Vi-Gal. Ctn. KUNER'S Cut Green Beans Cut Wax Beans Solid Pack Tomatoes Tender Garden Peas YOUR CHOICE: MIX-OR-MATCH KUNER'S TOMATO JUICE Large 46-oz. Cant ELLIS PECAN MEATS For IT'S NANS 'n WIENERS WEATHER! Van Camp'* Pork & Beans Rtfwhr or Drip Grind Cofto MAXWELL i-Lb HOUSE Can Special lebol Inrichod PIUSIURY 5-lb. FLOUR ^ Cholct^SANDWICH Cookies Oottit Biscuits Tube 5 Thin, Crisp Supreme Saltines Pie Crvit Mix if My Crocker Pie Cruif Mix SviteMnt Bollard BiKuitf , ^vVIl WftWllflVf ^ 31C Hi Hf Cracker* W««H« >0P t, 2Ze Wax Paper ;47c KSm Nopkini 3 9 c?n', 29C Krthera TeweU 10-01, Pk 9 . 100-ft. Roll Of Pottr Pen Smootfi or Crwnchy PEANUT is-Oz, BUTTER Jar NEW AJAX Giant DETERGENT Sizt »•**••! NORTHERN TISSUE 4-Roll Pack l(

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