Stocks Rise By Fractions In First Hour
In early trading the market edged higher with modest gains across sectors. Steel shares and Bethlehem Rules firmed, rails and utilities ticked up, while Oil majors responded to consolidation plans. Zenith, Polaroid, and HevloN showed small advances as cosmetics and copper moved higher.
MENTIONED IN THIS ARTICLE
New York
UPT
Youngstown
Republic
Bethlehem
Servier Gore Nore
Zenith
Ap Im Tha Ia
Nsscondit
Polaroid Draped
Hevlon
Wall St Chatter on Overvaluation of Big Stocks
UPI reports a fragile market mood with the Value Line Survey noting stock prices rose despite slow earnings growth. High price earnings ratios threaten further gains as profits appear unlikely, listing names like American Airlines, RCA, General Foods, United Airlines, and others under scrutiny.
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New York
UPI
Dividends In 1900 Set New Record
Record high cash dividends paid by U S stockholders in 1960 topped $14.5 billion as per NYSE estimates. Despite optimism, earnings growth slowed from earlier forecasts, with many companies delaying or reducing year end extras. The economy's squeeze from rising costs and modest demand limited dividend increases while ownership spread widened among more Americans. Industry groups and major corporations posted large cash payouts, though some sectors lagged.
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New York Stock Exchange
Hhoere
Patesd
American Telephone & Tele- Nigraph Co
Aire
Cos.ovat
1961 Outlook: Business Slows Then Hints Of Recovery
Washington reports economists believe the 1960s era will demand more effort for dollars and profits. After a buoyant start, 1960 showed weakness, with inventory restocking cooling and consumer spending dipping in September. For 1961, a mild first-half decline is projected, followed by an upturn, as inflationary payoffs fade and foreign competition rises, reshaping postwar growth dynamics.
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Washington
UPI
Saorillion
America
Europe
Japan
United States
Shipping Batches Reported For Arrival In Early December
A garbled shipping list notes vessels due to arrive from December 1 to December 29, listing ships such as SUSAN MAERSK YEAROHAMA SAUHESHTAG MARU and COLOMBIA STAR among others. It hints at schedules for ports including New York and Colombo with various destinations, but OCR errors obscure many details.
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Ene
vermoOar Lamar
Seartow
Pacific Coast Stocks and Major Oil Firms Listed
Financial listing shows Pacific Coast industries and major oil companies such as Texaco Gulf, Socony Mobil, Standard Oil affiliates, and rail and tractor concerns. Entries include company names, stock figures, and sector notes across multiple firms like Union Oil, Getty, and Chase, reflecting a broad market snapshot.
Wool Futures Market Report On New York Cotton Exchange
Wool prices showed modest moves with slight declines and gains across contracts on the New York Cotton Exchange. Traders cited varying bids in May and October positions as figures fluctuated amid market uncertainty and speculative activity.
MENTIONED IN THIS ARTICLE
HEME
UPI
New York Cotton Exchange
Ceennas Maren
USI
Fearen
ASW
Magic Chef History Told After Dixie Buyout
New York reports the consolidation of Magic Chef with Dixie Products Inc marks another chapter in the company history. Magic Chef Inc remains a leading maker of gas and electric ranges as it expands into bundled kitchen lines and a package kitchen concept with built in ranges ovens and cabinets aimed at budget remodeling.
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New York
UPI
Magic Chef
Dixie Products, Inc
Magic Chef, Inc
Vine
The
American Stove Co
Henry Ford
Thomas A. Edison
American Stove
Dixie Products
Consolidated Company
S. B. Rymer Jr
Mayet
Rymer
Retired Gl. 6 Dies in Kansas
In Kansas City AP report Charles Viete born February 25 1344 in Pittsburgh. He retired from the Army in 1906 after 28 years of service enlisting at age 14 in 1878. He was wounded in the Spanish American War and carried a bullet in his hip until his death.
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Sanction City
Kan
Charles Viete
United States
Hame
Pittstargh
Viete
Lin
Kennedy View Urged By Reds
In Moscow the Soviet press urged President elect Kennedy to respond to Foreign Minister Gromyko's call for improved U.S. Soviet relations. Neutralist and socialist papers published comments praising Gromyko's statement and pressed Kennedy to answer.
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Moscow
Soviet Russia
Inim F. Kennedy
Andrei Gromyko
Soviet Union
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Graniyko
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PG&E Projects Growth From Canadian Gas and New Plants
Pacific Gas and Electric will add Canadian gas deliveries at about 415 million cubic feet daily starting next winter to lift peak supplies by over 20 percent. Alberta to San Francisco pipeline spans 1400 miles and is part of a $500 million buildout over 15 months to serve more than 3.6 million customers with gas and electric facilities.
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Noman R. Sutherland
PGGE
PGG E
California
Texas
New Mexico
Alberta
San Francisco Bay Area
Sutherland
Pg&e
Classified Housing and Help Wanted Advertisements Fragment
Fragmentary 1940s era classified listing shows help wanted positions for women and men including coupon solicitors and hotel staff, plus multiple apartment rentals. Listings mention Irvington, Hayward, Ashland District, and Medroo, with rents and facility details. Several lines include terms like horses registered and sanitarium related work.
Temperatures Far n Wide Across Southern Almaeda County
Readable data notes high and low temperatures across Southern Almaeda County. The report lists regional readings with no clear date, noting wide variation. Citizens are advised to prepare for varying conditions and plan activities accordingly.
Death notices from Corree in Harvard Osc 24 1740
Obituaries list multiple family members including Helen Correia and Harold Correia of Newark. Funeral services set for December 2 at Hayward's Christ Church and Riverside graves. Interments at Holy Sepulchre Cemetery noted, with names tied to Berkeley and Hayward families.
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Harvard
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Helen At. Parreia
Linny
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Correia
Hewark
Cer Grarducther
Kathican
Hayward
Calitgenta
Agends
Suneral Tron Sorensen Bros
Math Street
Sains
Silock
Cemelry
Cr Rees
Sian Birdy Hayward
Bel Foyiar
Hayes
Allsston
Cheiaifan
Win B Street
Maywried
Bec
Road and ski conditions report for Sierra Nevada
San Francisco reports from UPA and Ski Taw Gorin show Highway 40 with 4 inches at 5,000 feet and 41 inches at 9,000 feet. Highway 50 with 38 inches at 7,400 feet and 45 inches at 8,500 feet. Highway 90 and 97 with 241 inches at 700 feet. Highway 103 with 20 inches at 6,000 feet and 30 inches at 7,600 feet. Highway 99 and Evergreen with 80 inches at 8,400 feet. Badger Pass on Highway 400 with 27 inches. Snow conditions vary, skiing good to fair, with cloudy to clear skies.
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California State Automobile Association
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Taw Gporin Lord Association
Sierra Nevada
Everlighway
Yosemite
Badger Pass
Weather notes across the San Francisco Bay Area and valleys
A fragmented weather summary reports patchy fog and warmth across the San Francisco Bay Area, Sacramento Valley, and Sierra Nevada regions through Wednesday. It notes cooler mornings, variable winds from the north, rising afternoon highs near 82 degrees in some zones, and a general trend toward clearing and milder to warmer conditions in coastal and inland valleys.
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Trustees Named On TWA Stock Trust Panel
New York AP reports Ernest Reeeh and Erving Olds, chairmen figures at Fond Moley Co and United Bates Steel Carp respectively, named to a three member trusteeship to vote Hughes Tool Co stock in World Airlines a planned Nuancing program. Raymond Holliday of Hughes Tool named third trustee, with the panel to take effect after the reorganization plan closes.
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NEW York
Ernest & Reeeeh
Termes
Fond Moley Co
Erving 5
Raymond M. Holliday
sHushes
Tool
Howard Mughes
Effer Live
Mt Etna Rumbles Again In Sicily Eruption
Mount Etna again produced multiple eruptions this year near Catania Sicily. Local residents reported tremors but officials said no imminent danger to nearby farms or villages.
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Sicily
Mt. Tina
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