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Decatur Daily in Decatur, Alabama

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Decatur Daily

Location

Decatur, Alabama, United States of America

Date

Dec 08, 1962

Page

3

Faster British thermometer and new consumer gadgets

AP reports a Debenda thermometer from Dependable Relay Co. claims three second readings versus two minutes for standard thermometers. Also covered are Dean Brothers non skid boots, decorative picture frame speakers from Sears, a Market Service Co. stock game, a Thermo-Fax projector by 3M, a Data Fax-Data-Phone system by Dictaphone, Hanes ribbed nylon hose, and company addresses for Dependable Relay, Dean Brothers, Sears, Market Service, 3M, and Dictaphone.

ED Morse AP Business News NEW York (Ap Market Service Co Barrington, Ii Wall Street Dictaphone Corp Dependable Relay Co. Ltd Ainger Road Chalk Farm London N. W England Dean Brothers Shoe Co. Inc Middleboro Mass Sears, Roebuck & Co S. Homan Ave Chicago Ill Box Barrington The 3M Company Hudson Road St. Paul Minn Third Ave New York N. Y Hanes Hosiery Mills Co Winston Salem, N. C

Market posts sixth week of advance amid mixed stock action

New York AP reports a scrambled Friday session ending the sixth straight week of general market gain. Douglas Aircraft led declines after Skybolt missile news, while San Diego Imperial boosted savings and loans on an oversubscribed secondary offering. Dow rose 0.37, to 652.10. AP 60 index up 0.3 to 242.1.

New York Douglas Aircraft Douglas San Diego Imperial Dow Jones Associated Press Great Northern Iron and Heinz

Dow Jones Ends Higher Amid Mixed Market Signals

The Dow Jones closes higher with gains across key indices. Market activity shows fractional upticks in the industrials and transport sectors as investors reel from Rails sector chatter and broader economic cues.

Common Market Poses Problem for Britain and US

The piece notes growth of contingency planning for nonalignment with the European Common Market as Britain weighs its entry terms. It cites US aims for Atlantic economic leverage, Britain’s hesitations, and the impact on British commitments to Europe, the Commonwealth, and potential Western unity.

Associated Press News Britain United States Washington Europe European Free Trade Association Netherlands Switzerland Norway Austria France Jacob K. Javits New York

Butcher Hog Prices Steady Amid Large Friday Sale

Chicago reports show 7,500 butcher hogs sold with prices holding mostly steady. No. 1 and 2 grades at 190-220 pounds cleared at 17.00 to 17.75, mixed 1-3 at 16.75 to 17.25, and up to 325 pounds mostly No 3 at 14.50 to 16.75. Slaughter steer supply included a few prime weights at 32.25. heifers steady to 25 cents higher. bulls steady. Sheep at 19.50 to 20 for mixed choice and prime slaughter lambs, 17 to 19 for mixed good and choice.

Chicago

New York Stock Averages End Week With Mixed Moves

Wall StreetSummary shows Fri and Thu advances of 442 and 469 points and declines of 604 and 606, with 254 and 238 issues unchanged. Total issues reached 1300 on Friday and 1313 on Thursday, reflecting uneven trading across sectors.

Irregular trend on stock exchange as volume slips

The market mirrored an irregular trend with nine gainers and seven losers while prices moved irregularly lower on the American Stock Exchange. Trading volume fell to 1.16 million shares from 1.3 million, and corporate bonds declined in slow trading. U.S. government bonds were unchanged to higher.

American Stock Exchange U.S

Wheat futures retreat after late selling dent gains

Chicago price moves show wheat slipping from modest early advances as profit taking and liquidation hit the markets. Other grains and soybeans remained firm, finishing near their day’s peaks amid export buying and limited offerings.

Chicago Board of Trade

Virgin Land City renamed in Kazakh SSR

Russia designates a 100,000 resident community in the northeastern Kazakh Soviet Socialist Republic as Tselinogard meaning Virgin Land City, replacing the former name Akmolirsk which meant White Tomb.

Russia Tselinogard Virgin Land City Kazakh Soviet Socialist Republic Akmolirsk White Tomb

Yale Season Barrier For Stock Market

Investment analysts see further market gains but expect a barrier around 665 to 680 on the Dow Jones as the rally nears Christmas. B K Thurlow of Winslow, Cohn & Stetson forecasts continued advance but anticipates heavy supply in that band and suggests exiting or realizing losses by Christmas with possible trouble after year’s start.

New York B. K. Thurlow Winslow, Cohn & Stetson Indicator Digest Congress

Store Open House Promises Fast Service At Han-D-Way Market No 3

HARTSELLE Open house ceremonies for Tanner Heights newest Han-D-Way Market No 3 will be held today. Owned by Glenn Crook Decatur and managed by Elbert Tankersley the store features the fastest service. The piece notes the swing has not had a normal correction and hints at a forthcoming market correction after holiday surges and tax cut messaging.

Court Order Could Be Historic in School Desegregation Case

A federal appeals court revived a 42 Negroes desegregation suit from Clarendon County South Carolina by ruling the group qualifies as a class action. The decision could empower other plaintiffs and overturn Judge Wyche’s earlier ruling.

Richmond US. Supreme Court 4Th Circuit Court of Appeals U.S C. C. Wyche South Carolina Clarendon County Wyche Bobby Brunson Young Brunson

Negro Youth Bound Over To Grand Jury

Athens Asiam Horton Jr a 15 year old African American was bound over in Limestone County court to await grand jury action. His bond was set at 754 dollars and he remained jailed Friday evening. Other cases included speeding violation no driver's license and public drunkenness with several defendants failing to appear and warrants issued. The article notes rural habitations and urban birth ratios from 1960 census data.

Athens Asiam Horton Limestone Limestone County

Appeals Court Orders Further Action in Clarendon County Case

The appellate ruling leaves about half of the original 42 complainants out of scope as they have graduated moved away or otherwise left the case. Judges Morris A. Soper Clement F. Haynsworth Jr. and J Spencer Bell sat on the panel. Clarendon County in the Low Country near the Atlantic is largely Negro with 2572 white and 6569 Negro students in 1959.

Appeals Court Wyche Morris A. Soper Clement F. Haynsworth Jr J. Spencer Bell Clarendon County Atlantic Seaboard

Also Mentioned on This Page

New England St. Paul Minn Winston-Salem N. C Davidson Coal & Feed Co Holly St. N.E. el Er Callus Photography Arts Morningside St. At 19Th Avenue Wwe Ewn Standard and Poor’s Stock Index Standard and Poor J. M. Roberts McC Electric Alloch Ul CF FF Decatur EL Moulton W. P. Hendry Pet Milk Co John A. Watkins Watkins Pet J. G. Lide Sheffield Universal Cit Lide Locust, St Auburn University Yale NASA Ames Research Center Blue Ribbon Shoe Shop Second Avenue Decatur Carridale St Hertz Ante Chevrolet GMC Decatur Transit, Inc First Ave. N.E Lane Ieee Ae Ee South
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