Daily Court Review, March 30, 1960

Daily Court Review

March 30, 1960

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Issue date: Wednesday, March 30, 1960

Pages available: 4

Previous edition: Monday, March 28, 1960

Next edition: Thursday, March 31, 1960

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Publication name: Daily Court Review

Location: Houston, Texas

Pages available: 56,081

Years available: 1925 - 1977

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Daily Court Review (Newspaper) - March 30, 1960, Houston, Texas CECILSISSON MORTGAGE GENERAL OFFICES 3705 WESTHEIMER MO77555 HOUSTON PUBLIC LIBRARY HOUSTON TEXAS AN AFTERNOON NEWSPAPER FEATURING COURT BUILDING AND REAL ESTATE NEWS VrO XS defBrtmAti Texas SEVENTIETH YEAR WEDNESDAY MARCH NUMBER 138 CREDIT REPORTS COLLECTIONS ADJUSTMENTS Houston Association of Credit BOX 8385 2907 SHENANDOAH JA64821 Affiliated with the National Association of Credit Management BETTES COMPANY AND AGENCY THE BETTES 201 MAIN Financing Community Development S T FOR SALE 10 Acre Tract in Minnetex Phones Ja45850 Ca7G26J STAFFORD Deeds 151792 Thomas W ux to Lloyd Bernard ct lot 8 blli Monan h sts to 151793 to i ci ux lot Ik Sio rasii Si Sts S2SH5 to Dawnridge 151791 Eveivu B ux to Wilton Dumas e i 3 blk South Glen A M S10 other sts 151799 Durwood Meiri Edward Jr et si1 sts 1111Co to American Title 151807 Cantrell K to Urner ci blk Memorial Forest sts 1160 to Amoritaii Tule 151809 Malhttp Bolin B to Giyn Anthony lun et Crestmon ad sts to American TMe 151SI6 by to Gibraltar Sams kit blk lih section sis 151818 Milton Mi zo Manes Gibraltar Savins Asscnia 151820 Jerry Thonias Hoit et ux by 10 Gibraltar Savigs loi blk Market Street Gar dens S03R3 sts Petersto Ev lot Slu other sts 151R22 Audrey one Heights Annex S Bordetl in Maya Cailas ft ux lot 31 hlk Denver si 151S27 Commercial Properties o Inf tn Alamo Mortgage Birth Reports The number in parenthesis indicates the number of living AND Deeds of Trust Stanley et to Charles for First Mortgage of lot 10 blk to secure James et to for Southwestern Life lot 6 blk Garden Vil to secure FHA Robert et to for Southwes tern Life lot 11 blk in iBraeburn Country Club to secure 1 James dines to Fo lley for First Mortgage of I lot l blk Spring Mischer to secure 2 Jack Warren et to John for i Bettes lot 10 blk 19 Sunset to secure FHA Jack Cravens to Earl for San Jacinto State tract in Meux Sur to secure Charles Kennedy 700 Eetles lot 31 blk Eastex Freeway to secure Gus et to Maurice for Humble State lots 9 10 blk Town of to secure 6 3 James Mitchell Smith to for Hindman lots 21 22 blk Uni versity to secure Conrad Jackson et to for lot 1 blk Universal to secure Sharpstown Realty to Doug las for Walter acres in Pier and 2 to secure Moor to Glosson Lumber lot 1 Memorial et to KINGHORN DRIV 1816 MAIN STREET MORTGAGE LOANS ALL TYPES COMMERCIAL INDUSTRIAL RESIDENTIAL APARTMENT PROPERTIES CA34615 The Market Letter UPHAM E I Tr 1 to for Rowland Tr for Main March The market was still in the dpld at yesterdays in the prices of stocks largely fractional and Even the electronic usually can be counted on to fea a colorless on m 1 I blK MMI nl son T enridge C it 3 i Houston Suh uihei sts 55e Meyer Brerk other U al to lot 719 f i I i ID blk 5iiv n Rafael J G Galena 32 33 i 2 other i N 827 Bunrer to Garreit for First a 16 91 Continental Mortgage lot IM ft C 2625 a blk Merilyn to se 2 tg i cure 2215 a Johny et to John ii i for Bettes 1009 a girl lot 9 blk Crestmont 1 j to secure 5402 Winding James et to John a 31 j 3103 a A Hiitsfleld ux tn girl ill bik 6209 a other 3 i to Lawn a t3 n 220 a girl 1 ii 1719 Knight a l Koisy to JMI k VIT j 2702 ux lot pt lot U rkw 6314 a gir Karen li JaK i 491S a Mortgage Co lot 13 Wk 68 2 to secure SCCme Jean Ray for et Cordon James ss lut adl Annex SID i Irh R of Curist for Bettes lot 6 blk Crestmont to secure Floyd et to Hol land Mortgage lot l blk Bellaire to se et for to cure et Ronie Clive Max Mortgage lot 9 blk South for Dri1 Drook to secure ver lot 11 blk 5V iFHA to secure jacob H et to First Baptist Church of Jsersey Buford for the reactionary with the ex ception of Motorola which opened up Polaroid ran up almost 4 points in early trading to another new the steels were gen in first earnings reports that are now be ing published by some of the statistical The autos and oils did little of The chemicals were The general as measured by the Aver continued to slip fractional 101 uan ly througnom the first hours on reduced volume in much the same fashion as it had in the previous two The Rails I ancl Utilities were also under mild iFHA ux to Village to Henry i blk l io i other Wilson et for Farm Home Savings to the equipment lot 13 blk Jersey secure 31160 i electronic stocks which have been a to secure Rohert Barto et to Al Mason Rex G for Sotuh for Houston savings lot 20 blk 10Gi 4 218 QOIfiA West I fi m blk sts Industrial i i Indus S Bicker ct vtr to ti nui of tu 2W1 ICihvin Brigiuun et ttx lot blk 40 Acid sts ijiiirrove Co in Oik o a HOTEL FAMILY PLAN Children under 11 years of age FREE Free todio in every TELEVISION MM 311 jl ivcs ner iiftorc n Sky S1U 3 3905 a 121 6301 a Lisa il 4410 Way i a Annette 7415 a 41 418 a girl i Laura 3 3878 a 2 5027 a igirl 3 tr 5219 a girl Mar 3 W J 4410 a Mar 1 tr 113 Bennett 6310 a bov Michael Mar 5 11 tr 68 M S Stepanski 421 Benbrook a bov Steve Mar 5 ill tr 95 lot 20 blk to secure Jack fred less et et to Al for AlHex blk to secure I FHA to to secure Horace et dba Dewey from Fannin State Bank lot 16 hlk Partial Replat of Royal to secure Applied Research to for Earl for Grand Lodge of 2 tracs in Joe Wheaton the Order of the Sons of Hermann i to secure 322 in Ihe State lot Pasadena to secure A j Thompson to Joe 21 for Harris County Federal Family to Dewey I Savings Loan lot 1 for Fannm State Bank country Club to se lot blk lots 3 5 blk lading better in the past couple of weeks is Burroughs This is one of the more depressed issues in a group which generally has clone well over the past few This has been due at least in part to disappointing earnings results but overlooked to some ex tent has been the satisfactory rate of sales growth and the fact that net profits have been held back not only because of heavy research costs but also because of expenses attendant upon the acquisition of to secure i Boljbv Hugh ct to 67r pf McConnell tr for Mortgage Vincent Kickerillo to Dewey lot 11 blk Cole Robindell Manor to for Tr ot 41 bk secure Ervin Boessing tr for Lon IBank lot 53 blk to to Edens Point National 11 Royal Oaks Manor secure Investment Finance Cx pi hi Baytown Pfii c Woods i Anderson 5 blk Pale A L Herman 5411 Myrtlewood a boy Craig Mar 5 1 tr 113 i boy Robin Mar 5 ID tr 96 H W Liulwifk 4031 Oak Ridge i a boy Lee Mar 5 31 tr 5 A L Ellis 5109 Sotllhwind boy Daniel Mar 5 2 tr 113 D H Delgado 8918 Oee gir to secure 226 5 Car et to Har ry tr for Federal Housing I lot 5 blk Scenic a to secure 2 I FHA a I Willowick to Alvin Mar 5 Hi tr 91 for E Marion 8846 Fulton a girl j lot 42 blk and lot a6 blk in 1 and other prop to secure Sharpstown Realty to Les lie Coleman for Bank of Texi s 26 27 ancl other 5V Johnie et to for Mortgage lot 17 blk Beverly to secure i FHA CHATTEL MORTGAGE SERVICE Judgments Tux Liens Cull TEXAS RESEARCH JA85823 W MORRIS SIGE1 iroirate Bull Curry Whirlwind Blanco City Tickets on Sale at Auditorium Hotel 8 tore RESERVATIONS CALL CA327J27 Building Permits Harris County 10619 Ashi day labor j wood lot blk Park j Harris County 5818 San day wood lot blk 176 Park1 i 5402 Hialeah j day labor I lot blk j 5119 j day ad to built up blk MacCJregor Place 10 FOR SALE Acre Tract in Minnetex Phones Ja45850 Good Investment Plumbing Permits Joe 310 coiutai 5 32i ioiiti 106 5119 Nassau eoni I Burroughs I blk Parkwest aiicon lot Plantation 5714 Bur roughs aircon lot blk 176 Plantaton 5719 Bur roughs aircon lot blk 176 1503 Burroughs aircon lot blk Monarch 4822 Burroughs aircon lot blk PostOak The company manufactures j a wide line of office equipment and blk I including accounting ancl calculating machines as well as electronic It is also well established in the field of elec tronic Profitmargins Burroughs dwindled from 14 per cent in 1955 bik Meyerland to per cent in Some im provement took place in 1959 and this is expected to par ticularly in view of a recent re organiaztion in mangemeni which is Intended to place more emphasis on Earnings in 1959 to I Emily Mar 5 3 tr 62 Cope et ux lot Park 150112 Robert to In downtown Dallas heart of the smart shopping For those who demand the best in hotel ac C o m p 11 t o 1 y Fine food at moderate Garage serv ice at From single Cabe ux lot ot to her Enjoy the color and charm of San rec reational White Plaza provides gracious liv ing and is conveniently locat ed to all activities and sight Coffee Garage Service at From single et ux lot sc S O o MfCkMand et ux lot 41 Houston Slu 151P51 Johnson e et ux blk Fairfiold Si sts SI 3160 UHI715 Griffin to Eliod Pt ux lot pt of lot 510 to 10211 Ialm 150723 Wiley George Hopkins i ux to A Hut son et ux pt of blk sts Si lo American 150725 Lewis to Eleanor Mosle lo blk 41 Brimgrove other sts 150732 Farrand e ux to Elizabeth Stanuttis lot talk Lynn Park Sis 150735 White ot ux to South nihpr sts all of I in Sharpstown Industrial Himmoncl et i to secure T R Knchnicl nt blk los 56 57 blk and oth 7X Deeper Terrace So to secure 225 sts j A to M p to Hans for American General pt lo Life acres in James Wharton to secure Gale of et lot 400 Uoporcf Visit Corpus famed for its sandy beaches and sporty game fishing stay at the White Plaza for friendly service and excellent Overlooking Gulf of near all ac tivities and Garage Service at From single Jack TEXAS HOSPITALITY at its best Jack Operator The Best in Complete Banking Services Capital and Surplus IHf NATIONAL BANK OF COMMERCE MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION 150129 Wright Co Neumann et ux lot blk blk sts to Houston First Federal Savings 150133 Angelo Mytelen to The Southwestern Drug undiv interest in lot blk First 1 Westmoreland sis to 150134 Billie et al to Southwestern Drug undiv a interest in lot blk 15 First Westmoreland sts 150136 Vincent Kickerillo to Paul McBride et ux lot blk Memorial sts 150138 Mulkey et ux to Richard Strauss et ux pt of lot blk sts to Gibzraltar Savings 150144 Pacific Mutual Lite to Scrivener et ux lot blk Shadow sts to American 150149 Meadowbrook Lumber to R lot blk of Meadowbrook 1 Other sts 150150 Thurman Pt ux lo John to et W Cecil for Aetna lo to secure burn Strait Lumber Building to for Tex as National Bank of pt blks 1 2 in Timber to se cure Clyde Wilson to Howard fo t lot 1 thru 12 b to secure Wayne et to John for Bettes lot 187 blk Highland to secure iFHA Franklin Joseph et to John for T Bettes lot 155 blk in Highland to secure George et John ir for Bettes lot 29 blk Meyer to secure FHA Nathan Utsey to Carl Gallo for MacGregor Park Na tional pi lots 15 16 blk Foster to secure Harmon et to Jack for Mainland Mortgage lot 15 blk Park to secure 321 Joe Daniel et to Jack for Main land Mortgage lot H blk Westbury to secure James ct lo Cecil for Aetna Life lot 5 talk Spring Branch to secure et to John Schnellbacher for Mur lot South Houston Gar dens to secure Deer Park Realty to Ches ter et for Farm Savings lot OBrien to secure 240 Federal Tax Liens Virgin IT Virgie N dba Bailey Beauty Edward IT 3360 No William Mar Iguerite K IT came to per share as com pared to 97 cents in Follow ers of the company can envision an improvement in net of some 30 per cent in Selling at 31 the yield provided by the regular dividend amounts to per In view of the expected increase in demand for clerical automation machines stock has appeal for longterm The general market continued its downward drift throughout the first four In the fifth hour an attempt at a rally was made while volume picked up a this effort did not amount to very much as in the final half hour prices again turned Al the close the prices of most pivotals were at their lowest levels of the day as the technical correction from tfifc March 8 to March 24 rally Manx l Oaks Robert et to Kenneth Goforth for Sum no r of lot 362 blk to secure Kenneth et ux to for Bank of i Sam IT No N Lura P IT John Mildred R IT is1460 OCF87K Charles W Lloyd Sam Tilotta pt lot Spring Branch other sts 31 Johnnie the Southwest National lot 5 pt lot 16 blk Rose land to secure Wilson et to 150155 Charles Blanton to Northbrook ct ux lot blk sec sts 311 to 7131 150163 Berkshire Village to Robert Scheer et ux pt lot replat of Berkshire Village other sts 150178 Joe Collins et ux to Calvin Stephens et ux lot blk Eastex Oaks sts 55c 150179 Peter Lonero et ux to Billy Wilkins et ux lot blk sts Edgar for Gi braltar Savings lot 11 blk Denver Annex to secure 5Vi Alfred el to Fred for First City National Bank of lots 15 16 blk Lenox Add and lot 3 blk L Leeland Park to secure James et to Jake for American lot 12 blk Eastridge Ter to secure Wallace et to IT Myrlin IT 31560 No Eunice Alice IT L J WFT No Lionel Lou IT Vol 139 102 No White Star Laun No Jack dba Taylor Roofing Sheet Metal 3221 FUT Cauthen Mil John for dred IT 315 No Emmilte BerthaLee IT 315 No IT Marriage Licenses Fred 10 box 885 to Dawn Caryl 539 Earl Thomas Lunceford 6821 Ave C to Miss Frances Louise 1002 Carroll Jerome 175 Bridge to Miss Eunice Theodora 1810 Jack Joearl 8613 Cad do to Miss Linda Lee 407 Jessie Prentice 6433 Academy to Fanny Pauline 6433 Osborne Cecil 25 box University of to Evelyn Mae 1529 Jimmy 1416 Shearn to Shirley Rae Morris Adison 34 7718 Broadway to Miss Betty Dar lene box Pear Franklin George 2119 Bancroft Lane to Miss Billie Dolores 1206 LaMonte Charles Ronald 5009 Boicewood to Miss Julia Nell Mit 8109 James Pressley 6929 Ave F to Miss Judy Mary 12889 Market Wei don Oak 701 El to Mad eleine Lou 4007 Lee Lloyd 709i llth to Miss Lois 16 705 Clarion Kent 539 Ann New to Miss Lydia 7822 New Ramiro Concep to Miss Enedina Cruz Continued on page 4 Burroughs aircon lot 4413 Dona Lynn Burroughs aircon lot blk Mangum Roper 5231 aiiron lot Henessee 5827 Burroughs airron lot blk West Wayne 8006 day labor wood lot blk Gulfway 5102 add fr lo lot blk Mead Long Point 1758 Tom Sawyer aircon lot 10 blk Roya Charles 1405 United Gas ninon lot blk Lancaster 521s Houston airron lot blk Southwest Rippey 5434 Air OMalic ainon lot blk Braesview 6249 Long Air O air lot blk King 9607 Meadowcion Central airron talk Cantrell 12107 Over cup Central ainon lot 32 blk Memorial Vanco Tool 5818 Alder Phoenix add stole to shop corrugated iron lot 6 blk 2 Currywoocl strait Lumber 1903 Spring day lot blk ot i Campbell Alfred 8919 day lot 2 blk Spring Branch I Bianrkinof 5001 Los Angeles day lot blk Crane Street Gar dens i Baker Oil 6023 Navigation Benson masonry inilii ty built up Williams E 7111 Ameri can Colonial 7 res lot blk Bayou Oaks American Colonial 11013 l 11609 i onliui 1 Herbeit Car contac 10 John 5811 6006 9 and 6002 10 John Tovvnsend 33U2 Ann Arbor 10 1337 Federal 92fiO Bryant i Yowell 17K943J549 3419 V contrac i iixiu l iconn hii Ijvi l 6U17 Wippr ir 1 Tuic Jack Fred Jack Winters and Ti oia Sieihc Wi nt l1 is 2oi HI Triola Equipment Irwm li com ri llnivc s contract Lyons Calvin roil 1 Business Finns Sham 9131 Tra 9524 5614 day lot blk West heimer 5202 5206 Georgi Lane day lot blk Mangum each Pacesetter 5610 Pre cision aircon lot blk Mayerling Superior 1911 Precision aircon lot blk Timber ODonnell 9514 Meaclowglen Precision aircon lot blk 7427 Pre cision aircon lot blk Greenway 6122 Ella Lee day wood lot 954 blk Briar Continued on page 4 Link wood SKlla I Rosoarrh 1 William Roy Kciiey Whiie A Construction Co Larson 811 Lovolt John Magruder Rainbow Drive In W Margaret Relax 5207 Charles Sammys Dixie Duvc Dixie Sammy Robindell Sales Alart mond L Pres Bell Bell 3S15 John O Coles Liquor Farris Oneal SureSafe Pest j James Tandy Shell Homes S Guy 6717 by 702 1562i 111900 W Allied Dillon Harold j Monkein Sales H14 Wigter Norman V Virgils Upholstery Mattress 1403 American investors Carey Barbaras Tot Teen 1202 Houston South HJus Continued on page ;