US Stocks Rally After Early Decline In 1963 Output Outlook Boost
The New York market advanced into the afternoon as many major issues rose amid a mixed session. Airlines cars and chemicals led gains while rails and utilities barely changed, with overall volume low. Merger news weighed on savings and loan stocks as traders sought stimulus amid a sluggish backdrop.
MENTIONED IN THIS ARTICLE
New York
Forey
Cronomie
Associated Press
Moan
American Airlines
Moa & Big
Pan American World Airways
United Airlines
Eastern Air Lines
American Tobacco
Reynolds
Philip Morris
Liggett & Myers
Jost
Savings and Doan
Cay
Federal Tome Loan Basic Board
Wool futures edge on New York Exchange amid mixed bids
UPI reports wool futures on the New York Cotton Exchange opened mixed with May 1963 at 169.63, July at 148.9 bids, and December near 166.7. Prices on the American Stock Exchange were quiet with gains and losses among several issues, while corporate bonds showed activity and U.S. government bonds remained steady.
MENTIONED IN THIS ARTICLE
New York
UPI
Vasa
American Stock Exchange
Ford
Canada
Caynalion
Pall Corp
Pacific Coast Properties
Webb & ‘Inapp
Yale Express CA
Siboney
Reiheurance Investment
Argo Gils
Nageo
National Video Roach
Enorea
Pitheny Way
Iano Bs
Sista
U.S
HNC
Unclear 1963 Economic Outlook Amid Shutdown Phase
Fragmented report cites administration forecasts, unemployment fears, and modest budget impact. Key figures from Dr. Walter Welke and Moody’s hints touch on national output near 380 to 387 billion, with indicators showing mixed signals for early 1963. No definitive policy shifts, but expectations of slight gains and job absorption milestones.
MENTIONED IN THIS ARTICLE
Kennedy
Congress
Egg Market Failing Amid Optimism Relative to Forecasts
Market notes show prices to retailers easing but with commentary that boosts optimism among some listeners. Prices list for various egg sizes and brands reflect mixed signals as economists say last year's forecasts overestimated demand while this year’s outlook remains uncertain.
MENTIONED IN THIS ARTICLE
Heller
San Francisco
UBC
Aldes
FSMNS
Lange
Economic Council
Nulaid
Advisor Warns On Annuities For Fixed Income Investor
A reader with multiple stock holdings and monthly annuity income asks if selling stocks to fund a new annuity makes sense. The advisor notes annuities provide fixed, lifetime payments but urges current savers with adequate cash cushions to keep diversified. If living costs exceed income or employment ceases, consider converting assets to a steady annuity.
Investment Funds Sources National Association and Listings
Investment funds from the National Association of Securities Offerers and related entries show bids, asks, and fund prices across numerous funds. Named funds include Am Bus, J Eund Inv, Am Gem, New Eng, Open Fd, Amer Found, Chase Fd, DowTh Inv, and many others with diverse valuations and holdings.
MENTIONED IN THIS ARTICLE
National Association of Securitiey Oralers, Inc
Ate
Ask Abedser
Fok Pl
Muttaves
Sovne’Pa
Erk Ul
Aba Fokio
Fund
Snot Po Bie
Tacome
Foeid
Tigres
Chase
Deayfus
Eaton Bat
Ford
Wall Street Chatter on Upticks and Cautions
UPI report notes stock yields and price earnings ratios offer little bargain allure while dividends profits and capital spending projections trend up. Investment buying remains sporadic and highly selective as experts warn of a cautious market stance despite a drift higher.
MENTIONED IN THIS ARTICLE
New York
UPI
Thomson & McKinnon
Slight Gain In Smoking Due In '63
A UPI report notes 1962 tobacco data showing cigarette production and consumption rose modestly from 1961. The Agriculture Department cites health worries and smoking publicity as factors, with output split between filter tips and non-filter tips and king size being the major gain.
MENTIONED IN THIS ARTICLE
Lee Lp
Caterpillar declares 30 cent dividend for May 1 1963
Caterpillar Yrselor Co. sets a 30 cent per share dividend on common stock payable May 1 1963 to shareholders of record at close of business April 19, 1907. The 30 cent dividend is a 140 percent increase over the 23 cent paid in the prior quarter. About 34,000 shareholders are expected to receive the dividend.
MENTIONED IN THIS ARTICLE
New York
York Stock Exchange
Lam Chaleur
Savarety
Abbolil
StBrand
Abgven
Sidkolly St
Daves
Tata Tata
Dale's Rt
Comentin
Studetaker
Br Artistics
Geup
Alumn Ltd
Wipawch
Alri
Awtat
Evans
Roy Lehma
Léa Sans
Cibakgn
Aniper
Rais Strat
Lionel Ligue
Mnwad
Armsur
iFarem
Madrid
G— Magma
Ia Beckman
Elein Fis
Ds Wu
Unlohn
Uy Bie
Bendix
Merck
Ty Bait
Peirereary Bengust
Bestwall
Bath
Britte
Italia
Atohas
Fuser
BMG Am
Goodyear
RelCan
Stheeiaro
Steel
Hanbury
Feayonier
SB Prateau Aia
Hotel Am
Reynael
Yif
Hewesa Star
Norwich la
Rosfunn
Syamepre ci Cripsc
Roi Retz Corp
Wittellswing
CitlesSy
Samie
Imate
Ani
Dilirdmmer
Fat Nick
WapScherg
Actic Cornice
ulSeab
Ff Ualaken Ab
Bobata
Sears
Ing
Eulina
Centon
Gata Bee
Smith
Aelvety
Kreger
Washington
UPI
Agriculure
U.S
Nealy
SAN Leandoro — Caterpillar Yrselor Co
Recor al Ine
Banks to Collect Tax IDs For Accounts Over Ten Dollars
Banks will report to the government any account interest exceeding ten dollars per year starting next tax period. Taxpayers may use a Social Security number or apply to the IRS for an alternate ID. Banks report difficulties in obtaining numbers, citing cost and mail burdens.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Bank Board Declares Quarterly Dividend at Stockton Office
Central Valley National Bank's Board held its monthly meeting at the new Stockton Main Office and declared a 2k a share quarterly dividend. Payable April 15 to shareholders of record at close of business April Sh.
MENTIONED IN THIS ARTICLE
Central Valley National Bank
New Stockton
Camera probes drains with remote controlled pipe device
Hollis Shull of the Agriculture Research Service has designed a remote controlled camera that crawls down a drain pipe to locate a stoppage or broken tile. The device features a 33 mm camera, an electronic flash, and a wheel mounted on a plastic tube connected by cables to the operator.
Japan China Pact Viewed Opens Trade Center in Tokyo
In Tokyo Franklin D Roosevelt Jr commented the Japan China trade link is a question for Japan to decide and the Commerce undersecretary said the issue seems minor now as buyers and payment terms are unclear. President official Trevorelt arrived to preside at the opening of the new U S Trade Center in downtown Tokyo.
MENTIONED IN THIS ARTICLE
Tokyo
Franklin DL Roosevelt Jr
Japan
China
U.S
Commerce
Treorevelt
U.S. Trade Center
Also Mentioned on This Page
Yale & Towne
Exlow Manufacturing
IBM
Texas Pacific Coal & Oil
California Financial
Great Western Financial
San Diego Imperial
United Financial of
California
Eames
du Pont
Schering
Chysler
General Mutois
Republic
Daw Jones
Roan
Wool Futures
NEW York Stock Exchange
Dow-Jones
WB O
Stoker
Swabhington (Ab
le Business
Talex
Divi
Qutrut
Chey
Scovery
Ewing
Thomentum
Gsil
Counel
Holler
Monty
TWE
Egg Market
Daily Investor
By Wiliam A. Doyle
Connoi
Nicagara Motawk
America “Telephone & Telegraph
Syogida's
Lingentiert Bakery
National Association of Secu Leste Ct
Boslers
Lone Star Sisel
Lucky Stores
Sxhler Bell
Agkea
Patife Paner
Furoz
Ansight Bank
Amie Berson Lehnes En Rockwell Mty
Sergillums Corp
Sanzers San Jevi
Boslery Cozi
Sect Folune
Brush Bernice Aa Vota Searle Ie
Herre Facil Power
Cal, Peeuillitizs
We Serauw Elecite
Rey
Cal Water Service
Va Systren Denner Ie
Cal, Water & Tel
U Taylor
Talon
Telecom
Altine Ae Crow Breamson Thompson
Elte Ae Cult
Tilie Lees
Caplist
Galtwne
Ieee
Tiss
Feehiort
Pete
Birgy Matlak
Lake Avresvtaad
Resch U
Sarason
Krystowe
Es Provident
Ecud Cam
Shea AM
Ioves
Slate St Dads
Stely Sik Hss
Sherl Ty
Tetley el Fay Tbl
Texas
Tae Yennicitt
Walter K. Gutenan
Stearny & Co
Nolew
L. O. Hooper
W. 1S. Hullon & Co
American Bankers Association
Central Valley
Pacific Coast
Allied Chm Us
Oba
Phil Petrot
Arodass Oil
Jen Allis
Pevedit
Amn
Gesdale
Amy
Anscond
Rey Metals
Pusy
Rey Bebac
Alehia
REN Oil
Corp Py Grom Aire
Bae
Hoeves Milton Wi
Servetine
Boeing Air
Jose
Learsleger
Eley Chrysie Cp
Sts
Plum Gas
Ase Magvoe
Studebaker
Contin Co
Mortintar
Creston
eCuTl OH
Robbie Tenn Gast
Colter
la Terex Corp
Wensan
Texaco Ine
Deere Ato
Ass Tex Gusui
Nat General
Thiokol
Dome Daine Oat
Tran
Viaie Transamco
Korth Pac
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