Stock Market Enthusiasm For Als On Wane
AP reports in New York that B K Thurlow of Winslow Cohn Stetson warned 1962 may show only a technical rally or a revive bull market. He cites two negatives including scarce speculation and a wary outlook if January gains fail to restore confidence. The Dow may test 740 then rise to 760 770 if cyclical issues lead.
MENTIONED IN THIS ARTICLE
Jack Lefler
AP Business News
NEW York (Ap
B. K. Thurlow
Winslow, Cohn & Stetson
Thurlow
Butcher Hog Prices Rally on Light Trade in Chicago
Shipper demand strengthened the hog market with prices up to 50 cents higher. Prices for 190-255 lb mixed No 1 and 2 sold at 18.00 to 18.25, 190-250 lb mixed 1-3 at 17.25 to 18.00, and heavier weights above 16.50. Sows moved 12.50 to 14.25, with total week sales reaching 30 000. A 1 417 lb prime load topped at 28.25 and other prime stock at 28. Steady prices for mixed good and prime ranged 24.50 to 27.50. no heifer dealer or bulls sold. Lambs sold 15 to 17.0. sheep market steady.
MENTIONED IN THIS ARTICLE
Chicago
Grain Trade Friday Near A Standstill
Chicago AP reports grain futures moved slowly with prices nearly flat on Friday. Yearend activity centered on holiday weekend settlements with small lots, short covering, and liquidation by speculators. Corn showed the most activity amid hedging and hedge lifting. wheat, oats, rye, and soybeans posted mixed moves in light trading.
MENTIONED IN THIS ARTICLE
Chicago
Farmers Attracted To South Viet Nam Land Grants
South Viet Nam's land development program draws hundreds of volunteers as more than 2000 applicants seek grants of land for homes and farming in a two week period.
MENTIONED IN THIS ARTICLE
South Viet Nam
Saigon
Decatur Paint and Wallpaper Co Features Framing and Art Supply
Decatur Paint and Wallpaper Co at 210 E Moulton St offers custom and ready made framing in oak and other woods with glass and hangers in stock. They stock Smith-Alsop paints in multiple colors plus a wide wallpaper range. artist supplies also available. Ray C White operates the store with Mrs White and William Lovelady as staff. Open 7:30 am to 5 pm weekdays and 8 am to 5 pm Saturdays.
MENTIONED IN THIS ARTICLE
Decatur Paint & Wallpaper Co
Smith-Alsop
Doeskin
Seabrook
E. Moulton St
Ray C. White
Turbulent Session Closes 61 Market
New York stocks closed a turbulent session with mixed prices as the Dow eased 0.37 to 731.14 and the AP index slipped to 262.70. DuPont led declines amid broad selling in steel autos and oils while many blue chips gained. Volume rose on the NYSE and ASE with turnover the strongest since mid May.
MENTIONED IN THIS ARTICLE
New York
DuPont
Dow Jones
Associated Press
New York Stock Exchange Ends With A Frenzy Of Trading
A dramatic final half hour pushed total volume to 1.32 million shares as the day closed. Early trading was lively and a NYSE spokesman called the rush fantastic. Total for the session reached 5.37 million shares, higher than Thursday’s 4.53 million.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
U Thant Names Eight Advisors To UN Body
Acting Secretary-General U Thant announced the appointment of eight U N undersecretaries as principal advisers to guide UN operations. The group includes three new undersecretaries plus five current ones and spans eight regions.
MENTIONED IN THIS ARTICLE
United Nations, N.Y
U Thant
U.N
World Organization
Dag Hammarskjold
Thant
Godfrey K. J. Amachree
Nigeria
Omar Loutfi
United Arab Republic
Jiri Nosek
Czechoslovakia
Ralph J. Bunche
United States
Georgy P. Akradev
Soviet Union
Philippe de Seynes
France
C. V. Narasimhan
India
Hernano Tavares Do Sa
Brazil
Latin America
Africa
Asia
Eastern Europe
Western Europe
Middle East
U.N. Secretariat
Horoscope for Estrelita Predicts Caution and Growth in 1962
The stars urge restraint and careful planning for home and career with notable months for progress in June and late year boosts. A birthday reader should expect steady effort, limited leisure, and opportunities for travel and personal growth through mid to late 1962.
Dow Jones Closing Averages Reported for New York Market
New York Dec 28 closing Dow Jones figures show mixed gains across sectors. Industrials rise to 731.14, up 0.37. Railroads 143.84 up 0.21. Utilities 129.16 up 0.83. Public Utilities 85.17 up 0.02. Commodity index 148.44 up 0.08.
MENTIONED IN THIS ARTICLE
New York
Dow
Judge Orders Two Firms To Return
US District Judge George H. Moore ordered Selb Manufacturing Corp. and Blades Manufacturing Co. to return equipment to St Louis and rehire all laid-off workers. The firms moved operations to Arkansas and Colorado, violating a union contract and an arbitration award. The decree requires about $200,000 in back earnings plus interest and compliance with the order.
MENTIONED IN THIS ARTICLE
ST. Louis
George H. Moore
Arkansas
Colorado
Selb Manufacturing Corp
Blades Manufacturing Co
Pagedale
Denver
Colo
Rector
Walnut Ridge
Ark
Moore
Selb
Machinists Union
Selb and Blades
Four Nations Alert Over Smallpox Exposure
London AP reports a four nation alert after Ismet Khan 24 who flew from Karachi to London on Christmas Day contracted smallpox. Turkish, Italian and Greek airline staff at Paris Orly and Leonardo da Vinci were vaccinated. Police traced 26 of about 30 contacts in London, with three suspects still sought.
MENTIONED IN THIS ARTICLE
London
Ismet Khan
Karachi
Air France
Paris
Britain
Dartford
Khan
Tehran
Rome
Leonardo da Vinci
Orly Field
Olympic Airways
Israel's First Dental School Nears Groundbreaking
Montreal AP reports Israel will begin building its first dental school in Jerusalem early next year. The Alpha Omega dental fraternity raised funds for a decade, reaching nearly one million dollars to support the project.
MENTIONED IN THIS ARTICLE
Montreal
Israel
Jerusalem
International Dental Fraternity
of Alpha Omega
U S Check Helps To Balance Budget In Ecuador
Ecuador receives a four million dollar U S government check to begin an eight million loan under the Alliance for Progress. The loan spans forty years with no interest.
MENTIONED IN THIS ARTICLE
U. S
Quito
Ecuador
U.S
Alliance For Progress Program
Signs curb drunken driving in Aikawa bars and restaurants
In Aikawa Niigata Prefecture officials report area restaurants and bars posted large notices stating no drinks will be served to customers who drive. Police say the measure has largely eliminated drunken driving in the locality.
MENTIONED IN THIS ARTICLE
Tokyo
Aikawa
Niigata Prefecture
Also Mentioned on This Page
the Decatur Daily Weekly Business- Industrial Review
ED Morse
American Stock Exchange
Max Harrelson
Adlai E. Stevenson
Valerian A. Zorin
The
Estrellita
Nes Avi Low
Standard and Poor's Stock Index
Oro
D and Poor
International Association of Machinists
Donald S. Siegel
Fridey
Paint Bargain Counter
S&h
Bain’s
South EL
Decatur
First Avenue
Phillips Ai 14Th Street
S.E
Ollercade
Blue Ribbon Shoe Shop
Second Avenue
Industrial Chemicals, Inc
Johnson’s
Decatur, Alabama
DIAL
Whitlow TV Service
W. Moulton St
DU Pont
Midway Blind & Floor Covering Co
Patterson Fence CO
Ewell S. S.W
RAY Bailey Lumber CO
Hartselle
Ala
RAY Bailey Homes
Benjamin Moore
Barrett
Weiser
Perrylanes Bowling Center
Wallace Barber and Beauty Shop
Second Ave
A. L. Tucker
Tucker
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