Yellow Light Of Caution On Wall Street In 1963
AP news reports a cautious market outlook for 1963 with analysts recommending selective blue chip stocks due to tax reform uncertainties. Janeway Service notes a mid range stance while R E Buchsbaum of W E Hutton & Co sees early 1963 as a stalemate with few attractively priced leaders and many uncertain laggards.
MENTIONED IN THIS ARTICLE
Jack Lefler
AP Business News
NEW York (Ap
Wall
Janeway Service
Janeway
Afalyst
R. E. Buchsbaum
W.E. Hutton& Co
New Budget Aids For Business Expenses Released
Handy wallet sized forms from Jordan Edwards Co simplify 1963 tax expense reporting. Exe cumate Expense Recorder records time place amount business purpose and relationship. Also featured are a fiber optics fireworks display by Mobilcolor and new portable Kidde K fire extinguishers from Walter Kidde & Co. Other items include silicon impregnated Grillwork panels by Panelboard Manufacturing and a compact Enercon motor by Energy Conversion Systems.
MENTIONED IN THIS ARTICLE
ED Morse
AP Business News
NEW York (Ap
Jordan-Edwards Co
Philadelphia
Mobilcolor Inc
East Sard St
New York
N.Y
Aetna Products Co
New South Road
Ricksville
Panelboard Manufacturing Co. Inc
Pacific
Newark
N.J
Energy Conversion Systems Corp
Grafton
Wis
Walter Kidde & Co. Inc
Belleville
Advances and declines totals in market section
The AP reports on stock market activity with advance totals 844 1019 261 120 and declines unchanged 223 162, totaling 1328 issues, with 1301 noted. This snapshot outlines rise and fall figures across listed issues in a brief market update.
Beatrice Foods Posts Higher Quarterly and Nine Month Sales
CHICAGO records show Beatrice Foods Co. reporting third quarter sales of 138,839,519 dollars and nine month sales of 417,024,591 dollars. Net quarterly earnings rose 9 percent to 2,408,910 dollars and nine month earnings climbed 8 percent to 7,492,108 dollars, with per share figures 63 cents and 1.98 dollars respectively.
MENTIONED IN THIS ARTICLE
Chicago
Beatrice Foods Co
William G. Karnes
Presiden
Flower Shop Closes After Seventeen Years in Hartselle
McCullough's Flower Shop in Hartselle ends 17 years of operation on January 1. Owner Mrs Paul McCullough says the decision followed months of consideration with her husband weighing closure versus continuation. The greenhouse likely remains on the property while the office and work room move.
MENTIONED IN THIS ARTICLE
Hartselle
Paul McCullough
McCullough
Butcher Hogs Steady and Top Prices Low in Chicago Trade
AP reports hog prices held quotably steady to strong in a moderate trade. Top hogs reached $17, with Thursday at $17.25. 190-220 lb No 1-2 hogs sold at $16.75-17, 230 lb and under 1-3 at $16-16.75, heavier weights to $14.75. Sows $12.25-14.75. Bulls $19-21.50. Cattle and lambs also showed small gains and mix of grades.
MENTIONED IN THIS ARTICLE
Chicago
Chemstrand Expands Nylon Powder line Production
Chemstrand Co. led by Edward A. O Neal Jr announces new nylon molding powders to be sold to molders and extruders. The firm will expand existing facilities in Pensacola Florida Greenwood South Carolina and Blacksburg South Carolina to meet anticipated fourth quarter 1963 availability.
MENTIONED IN THIS ARTICLE
New York
Chemstrand Co
Edward A. O'Neal, Jr
Chemstrand
O’neal
Pensacola
Fla
Greenwood
S.C
Blacksburg
Steady Orders Lift Soybeans on Chicago Board of Trade
Demand remained steady and soybeans rose on Friday trading while grains softened. Profit taking trimmed gains though offerings stayed readily absorbed as speculators kept expanding long positions. wheat, corn, oats, rye moved lower or mixed with March and January contracts noted.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Federal white collar workers in science and engineering rise
About 165000 federal employees are in scientific and engineering roles now, up from 34000 in 1938, reflecting a significant expansion in technical staffing across government agencies.
Boiling Rally Drives Mixed Wall Street Day in 1963
New York markets joined a Friday rally as tax loss selling relief and sidelined funds pushed the Dow 4.81 higher to 662.23. Volume reached 5.4 million NYSE shares, with 844 advances and 261 declines. AP index up 1.8 to 248.4 as activity rose across exchanges.
MENTIONED IN THIS ARTICLE
New York
Gba Due
Ett
Eee Een Ee
Be Cohen
Public Utilities
Associated Press
New York Stock Exchange
American Stock Exchange
U.S
Police Alarm Locates Car In Meningitis Case
A Virginia woman died of spinal meningitis triggering a police alert that intercepted an Alabama car carrying three exposed individuals. Two more alerted in Georgia were advised to seek immediate preventive treatment while Pvt James Hazlewood remained under observation at Fort Gordon.
MENTIONED IN THIS ARTICLE
Danville
Virginia
Sutherlin
Mase Stephens
Georgia
Stephens
George
San Antonio
Texas
Hubert Hazlewood
Hazlewood
Hazel Wiliams
Bertha Williams
James Leroy
Hazel Williams
James Hazlewood
Ft. Gordon
Training Co. C
Southeastern Signal School
Norwood Williams
Augusta
Soviet scientists and artists to travel to over 100 countries in 1963
The Soviet Union will send thousands of scientists and cultural leaders on visits to more than 100 countries in 1963. Sergei Romanovsky, head of the committee on cultural relations with foreign countries, announced an exchange program. About 30 Soviet theater companies will perform abroad, while about 30 foreign theater groups and soloists will visit the Soviet Union.
MENTIONED IN THIS ARTICLE
Moscow
Soviet Union
Sergei Romanovsky
Committee On
United
Carbon Monoxide Deadly Toll Tops Poison Charts
Carbon monoxide claims more lives each year than any other poison, prompting renewed warnings on detectors and ventilation in homes and workplaces.
ILA Refuses Ship Unloading In New Orleans
Striking longshoremen under orders from New York ILA headquarters refused to move a $150000 cheese shipment from a wharf shed to refrigerated box cars. The Federal Commodity Credit Corp. feared spoilage in 80 degree heat as Delta Lines canceled the S S Del Norte departure to Brazil Uruguay and Argentina.
MENTIONED IN THIS ARTICLE
New Orleans
A. P. Neeb
Neeb Kearney Co
Alfred F. Chittenden
International Longshoremen’s Association
ILA
New York
Felton C. Overbey
Federal Commodity Credit Corp
Recife
Brazil
Overbey
Delta Lines
S.S. del Norte
Uruguay
Argentina
J. W. Heras
Delta Line
Court Orders Bananas Unloaded
Gulfport Mississippi January 44 members of two local branches of the International Longshoremen's Association are under court order to unload bananas from a ship due tomorrow. District Chancellor William G Hewes issued a temporary injunction against locals 795 and 1303 after a petition by Effo Banana Sales Corp and Transfruit Sales and Service Co Inc. The cargo valued at 169400 dollars would be lost if not discharged promptly. The cargo was loaded prior to a longshoremen strike resumed last month.
MENTIONED IN THIS ARTICLE
Gulfport
Miss
International Longshoremen’s Association
William G. Hewes
Effo Banana Sales Corp
Transfruit Sales and Service Co., Inc
Labor Leader Gaitskell Returns To Hospital
Labour party leader Hugh Gaitskell returned to a hospital Friday with a virus infection the party said He is 56 and has been treated previously for influenza and a touch of pleurisy during eight days in a recent month brief update from London AP report
MENTIONED IN THIS ARTICLE
London
Labor Party
Hugh Gaitskell
Gaitskell
Landrum Denies Deal On Rules Vote
Rep. Phil M. Landrum of Georgia denied any deal over supporting the administration on the House Rules Committee. He warned no White House or House leadership pressure influenced his stance as the fight to restore a 12 member panel intensifies ahead of the new Congress.
MENTIONED IN THIS ARTICLE
Landrum
Geoffrey Gould Washington
Phil M. Landrum
D-Ga
House Rules Committee
Kennedy
Keady
Knowi
Congress
Georgia
House
White House
Howard W. Smith
D-Va
Rules Committee
Smith
John ‘W. McCormack
Massachusetts
Dean Returns to Private Life After Geneva Disarmament Role
Ambassador Arthur H. Dean announced he will resign as chief U.S. disarmament negotiator to return to private life. The New York lawyer, 64, said he will stay available for advice at the request of Secretary of State Dean Rusk and Disarmament Administrator William Foster. Charles C. Stelle is expected to act as head of the U.S. delegation at the 17 nation Geneva conference until a successor is named. Dean, a Sullivan and Cromwell partner, has long been involved in disarmament talks and Korean War armistice efforts.
MENTIONED IN THIS ARTICLE
Washington
Arthur H. Dean
U.S
Dean
Reds
Kennedy
Geneva Post
New York
Sullivan and Cromwell
John Foster Dulles
England Faces Flood Threats as Winter Relents
Widespread floods threatened southern Britain as the coldest winter eased. Temperatures rose above freezing in the south while central and northern districts faced lingering chill. Rail travel resumed toward normal schedules and snowplows cleared highways as RAF helicopters carried out mercy flights in Dartmoor.
MENTIONED IN THIS ARTICLE
London
Britain
Royal Air Force
Dartmoor
England
Birmingham Vote Upholds City Government Change
A state court judge ruled Birmingham's city-wide vote to replace the city commission with a mayor council government valid. The decision clears the way for elections March 5 for mayor and council in Birmingham, with potential appeals noted by attorney James A. Simpson. Judge J Edgard Bowron also found two legislative acts on municipal government constitutional.
MENTIONED IN THIS ARTICLE
Birmingham
J. Edgard Bowron
James A. Simpson
Bowran
Prisoners Escape and Return From Austrian Jail
Police chased two car thieves into a provincial prison in Klagenfurt, Austria. Johann Rupert, 23, and Gottfried Meschnik, 21, pried loose bars after dark, stole cars for joy rides, then slipped back to their cells before dawn.
MENTIONED IN THIS ARTICLE
Klagenfurt
Austria
Johann Rupert
Gottfried Meschnik
School Wall Standoffs Over Actress Katy Jurado Property
In Cuernavaca parents and children built a wall around Benito Juarez School to resist actress Katy Jurado who owns adjoining land and has filed a court claim asserting ownership of the school site.
MENTIONED IN THIS ARTICLE
Cuernavaca
Mexico
Benito Juarez School
Katy Jurado
Also Mentioned on This Page
Market Place
Dow Jones
Standard and Poor's Stock Index
Standard and Poor
Rennes
Hicksville
Ior
Thre
Energy Conversions Systems Corp
Enercon
Dillehay
Dial
Beatrice Foods
Davidson Plumbing CO
Sherman St
Tarsis Harris
Motor Vehicle Bureau
San Pedro
Calif
California
Congo
Aline van den Eyke
Jadotville
Katanga
Indian United Nations
Albert Verbrugghe
Verbrugghe
By Leonard Kirschen
Ham
Delief
Lovin’s Ceramics
Second Avenue
Davidson Coal & 206
Holly $F. N
T Feed Co
Service Bissaoe
Decatur
Moulton