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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Apr 06, 1963
Page
3
New York AP reports stocks rose sharply this week to near their level from a year earlier. Analysts note a long struggle last spring and summer and see possible progress as business shows improvement. Some warn against expecting a quick, steady upturn.
A memory jogger from Hinson Manufacturing Co. in Waterloo Iowa prevents engine start until the driver’s seat belt is fastened. The device connects electronically to the starter and the motor runs only when the belt is taut. It stops when the belt is unfastened. Other items include a Typewriter Ribbon Renewer by Scott Burch and Electrik Broom vacuum cleaners from Regina Corp. with a rug pile depth dial and four cleaning positions. Transparent domed food servers come in multiple sizes.
Mas tercraft Medical & Industrial Corp in Jamaica NY rolls out a fresh line of servers and beauty products. Goodyear unveils a pillow tank that keeps water liquid at extreme cold via electro thermal heating. American Seating Co introduces three electronic learning systems including the Suzette for language instruction and portable Minute-A-Day Gym. Readable maker addresses include Hinson Manufacturing Waterloo IA Scott Burch Picayune MS Regina Rahway NJ Mastercraft Jamaica NY and Goodyear New York.
History of First Presbyterian Church since 1853 tracing its buildings leaders and lay staff. The church now serves about 650 baptized members with Pryor Chapel and a renovated manse at 1811 Stratford Rd SE. It outlines elders and deacons, women’s groups, youth fellowships, and plans for Covenant Life Curriculum beginning after Easter in 1963.
NEW YORK AP The stock market rose for the third straight day as the Dow Jones industrial average closed above 700 for the first time in a year. The index finished at 702.43 after gaining 5.31, the highest level since April 2 1962, while Chrysler led gains and other issues hit new highs for the year.
The slow and light grain futures trade showed mostly minor changes with old crop soybeans mixed as traders stayed cautious. Wheat slid about one and a half cents, corn fluctuated, oats edged, rye slipped, and soybeans moved within a narrow range as weekend commitments evened out.
The National Cash Register Co releases a management report summarizing IRS substantiation requirements for entertainment expense deductions. J C Power Jr notes the digest helps restaurant owners understand what records are needed to prove expenditures under the new rules.
Brazilwood derives its name from a reddish wood valued by early colonists for dye. The timber produced a deep red pigment, driving trade and colonial interest in the region.
In the sixtieth issue Rev J W Myers notes the Lebanon Baptist Church association meeting October 23 24 1930. The report details finances pastors salaries total expenditures church values and the shift to monthly all day gatherings to inform and inspire churches.
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