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Decatur Daily in Decatur, Alabama

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This newspaper page contains 28 articles. Subscribers can read the full text of each article.

Newspaper

Decatur Daily

Location

Decatur, Alabama, United States of America

Date

Jan 19, 1963

Page

3

Signs Of Weakness Seen In Bull Market Talk

AP reports Wall Street bulls face subtle signals of weakness. B K Thurlow of Winslow, Cohn & Stetson cites four items including a flat reaction to the State of the Union, Chrysler’s $2.50 gain not sparking broader buying, railroads continuing a week-long slide, and uneven leadership by a few speculative players.

Wall Street New York Linko B. K. Thurlow Winslow, Cohn & Stetson State of the Union Chrysler

New Bathroom Cup Dispenser Aims At Germs In Homes

AP reports American Can Co introduces a white plastic dixie cup dispenser with 50 cups for home use. It mounts on surfaces like tile and promises cost savings versus paper cups while making the bathroom glass obsolete.

ED Morse AP Business News NEW York (Ap American Can Co

Dow Jones Closing Averages Reported For Today

New York January eighteenth final Dow Jones averages show Industrials 672.52 down 0.46, Railroads 146.25 down 0.77, Utilities 133.85 up 0.20, and Stocks 237.00 down 0.27. Trading volume included 423,600 Industrials, 85,300 rails, 61,900 utilities, and 570,800 total stocks.

New York

Standard and Poor's Stock Index Snapshot

Stock index data shows mixed moves with levels at 68.70 67.80 33.94 33.55 63.86 63.13. Net changes include 68.13 plus 0.05 and 33.67 minus 0.15 63.47 plus 0.08 65.18 plus 0.05.

New York Stock Movements Reported Today

New York stocks moved in active trading on January 18 with several firms showing gains and others retreating. Industry sectors varied as investors weighed earnings, inflation data, and policy signals from the Federal Reserve.

Profit Taking Fails To Dim Wall Street Rally

New York AP reports profit taking on Friday edged markets but not enough to reverse gains. Trading slowed from the prior sprint with 4.76 million shares. Dow Jones fell 0.46 to 672.52 while the AP 60 average slipped 0.20 to 252.30. Advances led declines 572 to 509 among 1,319 issues. nine of 15 active names rose. Bonds mixed. government issues declined.

New York Associated Press American Stock Exchange U.S

Prison demographics in England and Wales show male to female ratio

In England and Wales men confined to prisons and detention centers outnumber women by about thirty to one, reflecting a stark gender disparity in the inmate population.

England Wales

Butcher Hog Prices Slip Amid Mixed Market Activity

In Chicago, butcher hogs remained steady to 25 cents lower per hundredweight. Weights 190-220 lb sold at 16.25 to 16.75 for mixed No. 1 and 2. 1-3 at 15.75 to 16.25. heavier weights down to 14. Lows peaked at 14. Slaughter steers fell up to 50 cents. prime loads around 28.50, 1,175-1,250 lb. Prime and high choice 1,100-1,350 lb at 27.75 and higher. Choice 27.75. mixed good and choice 26.25. Heifers 23.50-27.50, bulls 18.50-20.50.

Chicago

Protective Life Plans Stock Increase and Dividends

Protective Life Insurance Co reports a board recommendation to amend the charter increasing capital from five to six million dollars. If approved, 200000 new shares with par value one million would be issued as a stock dividend. A 20 percent stock dividend will be declared February 28 and paid March 22 to stockholders of record March 8. A quarterly cash dividend of 15 cents per share will be paid February 1 to stockholders of record January 23. William J. Rushton, president, announced at the Birmingham home office.

Protective Life Insurance Co. Board of Directors William J. Rushton Birmingham

Seven Noland Decatur Drivers Receive Safe Driving Awards

Seven Noland Co. employees at the Decatur branch earned safe driving honors for accident-free records in 1962 and up to five years total, with J. S. Stutts presenting at 616 Church St. NE. Recipients include R. E. Mooneyhan, L. J. Meares, H. L. Maiden, S. P. Surles, D. J. Allen, D. Q. Childers, and Stutts for five years.

Decatur Noland Co J. S. Stutts Church St Decatur Safe Driving R. E. Mooneyhan L. J. Meares H. L. Maiden S. P. Surles D. J. Allen D. Q. Childers Stutts

Grain futures edge higher as soybeans lead gains

Chicago board trades saw soybeans advance while most contracts posted modest gains. Corn firmed slightly, wheat slipped, oats held steady, and rye mixed as traders awaited further market cues. March prices listed for wheat corn oats rye oats and rye show small fluctuations amid a quiet session.

Chicago Board of Trade

Bacon Promoted to Group Leader at Chemstrand

George D. Bacon named group leader in applying research and service at Chemstrand. Announcement by G M Shipman, director. The Bacon family, including wife Margaret and three children, reside at 1504 Summerlane SE.

George D. Bacon Due Applications Research Chemstrand Applications Research and Service Department G.M. Shipman Bacon Margaret Summerlane SE

Chemstrand Renames Overseas Division to International Division

Chemstrand announces rebranding of its Overseas Division as the International Division and names Hamilton Hadded Jr. as vice president and general manager. President E A O Neal Jr notes international interests generated 14 percent of 1962 earnings. O Neal also becomes chairman of Lansil Ltd. a UK fiber company bought by Chemstrand in August 1962.

Chemstrand Co E. A. O’neal, Jr Hamilton Hadded, Jr O’neal Chemstrand Lansil, Ltd United Kingdom London England Lansil

CAB Proposes Southern Route Cuts and Restorations

The Civil Aeronautics Board staff recommends streamlining Southern Airways routes by deleting several cities in Mississippi Alabama and Tennessee for failing to meet traffic standards. Delta and National routes face eliminations while some Southern segments would be renewed or removed along with a denial of Crossville Tennessee's application for service to multiple Tennessee cities.

Washington Civil Aeronautics Board Southern Airways CAB Bureau of Economic Regulations Joseph L. Fitzmaurice Corinth Pascagoula Miss Selma Ala Morristown Shelbyville - Tullahoma Clarksville Paris Union City Dyersburg Southern Memphis Nashville Bureau Jackson New Orleans Laurel Hattiesburg Mobile Gulfport Meridian Columbus Delta Crossville Tenn Knoxville Chattanooga Oak Ridge

Education Aid At $6 Billion

Washington AP Kennedy administration proposes a five year education aid program with expenditures over 6 billion dollars. Budget to Congress shows 144 million for the first year but a request for authorization up to 1.215 billion to enable fivefold spending as planning and construction proceed amidst debates over church and private school aid.

W. Joynes Macfarlan White House Congress

Violin Fascination and a Junior Editors Grand Prize

Explanation of why the violin is valued and how bowing and rosin affect sound. Instructions for a home experiment with a can and rubber bands to hear musical sounds. Sydney Sloan of Springfield wins the weekly Britannica Junior Encyclopedias prize. readers urged to mail in postcards for a chance at $10 daily prize.

Sydney Sloan Springfield Missouri

Georgia Businessmen Blast Expensive Maritime Strike

Georgia business spokesmen say the 27 day dock strike costs the state about 1 million dollars daily and urge action if federal efforts fail. North Georgia tufted textile mills face losses from jute shortages, with the Imperial Carpet Mill at Dalton cutting 60 jobs.

Atlanta Georgia Georgia State Chamber of Commerce Carl Sanders Legislature Terry P. McKenna North Georgia Carpet Mills Savannah Brunswick Imperial Carpet Dalton R. E. Hamilton Georgia Tufted Textile Association Walter Cates State Chamber Hamilton North Georgia Frank Carter Georgia Extile Manufacturers Association Europe Chamber

Tough Labor Year Forecast

The head of the Federal Mediation and Conciliation Service predicts a difficult year for labor management bargaining as demands shift from wages to job security and efficiency. Strikes in shipping and newspapers, plus defense work slowdowns, signal broad industrial tensions ahead.

New York Isues William E. Simkin Federal Mediation and Conciliation Service Simkin Iron Age Metal Working Trade Atlantic Gulf Cleveland Philadelphia West

Prince Charles Ends Week Ski Vacation

Prince Charles 14 heir to the British throne ends a week long skiing vacation in Switzerland and travels by car through Germany and Liechtenstein toward Munich to fly home Saturday.

Prince Charles Vadaz Liechtenstein Switzerland Germany Munich

Landlord locks tenants inside over $50 rent dispute

In Mexico City a landlord who claimed $50 in back rent soldered a steel apartment door, detaining a father and seven children for 10 hours while the mother was kept outside. Police forced the door open to free them.

Mexico City

Union Leaders Seek Strike Aid

Striking workers from the Independent Oil and Chemical Workers Union of Louisiana urged President Kennedy and Labor Secretary Wirtz for mediation to settle their contract dispute at Shell Oil facilities in Norco. About 900 employees walked out August 18 over job security terms, while the plant and refinery continue operating. The telegrams criticized federal mediation for failing to press Shell to treat union workers fairly.

NORCO Shell Oil Kennedy Willard Wirtz Independent Oil and Chemical Workers Union of Louisiana Shell Dale K. Dutt Wirtz

Two 500-Gallon Still Destroyed in Limestone County Raid

SWANCOTT ABC agents destroyed two wildcat whisky stills in a Limestone County community Thursday afternoon. Agent Carlos Nelson said both were 500 gallon stills one was running and the other contained live mash. Jobby Rayborn assisted in the raids. No arrests were made.

Swancott ABC Limestone County Carlos Nelson Nelson Jobby Rayborn

Kennedy Outlines Nuclear Plans With Senate Panel

President Kennedy met Friday with the Senate House Atomic Energy Committee to discuss sharing nuclear weapons know-how with allied nations. No decisions were made. the talks covered NATO nuclear issues relations with Britain and France and Nassau agreement fallout with De Gaulle.

Washington Kennedy Senate House Atomic Energy Committee White House John O. Pastore D-R.i North Atlantic Treaty Organization Britain France Pastore Senate Everett M. Dirksen Illinois Nassau Bahamas Harold Macmillan NATO Macmillan Charles de Gaulle

Storm Sinks Ferry Off Korea Coast Killing Many

A survivor recounted a sudden Yellow Sea gale that sank the 34 ton Yun Ho ferry on a 15 mile hop from Yunho to Mokpo. About 80 to 100 Koreans were aboard. nine bodies were found and Suh Chong Soo is the sole survivor, drifting for an hour before reaching Kaji island.

Korea Suh Chong-soo Yun-Ho Hainam Mokpo Seoul Hannam Yunho Suh Kaji

Live Foods May Ride With Cosmonauts

Soviet space medicine expert Yevgeny Shepelev says future cosmonauts may carry live food such as chickens or rabbits. He argues living supplies could be more satisfying than pastes and liquids used today, with Tass reporting the remarks.

Moscow Yevgeny Shepelev Tass

Artificial Hands Sold By Soviet Union

Moscow A P report says the Soviet Union will issue licenses to manufacture artificial hands controlled by nerve impulses. Tass says amputees can use tools light cigarettes and comb their hair with the device.

Moscow Soviet Union Tass

City Firm Leads Bid For Rocket Test Cell At Arnold Center

Mobile AP report states Ross Corp of New Orleans submitted the low bid of 993 871 for a rocket engine test cell at the Arnold Engineering Development Center near Tullahoma Tennessee. Blount Brothers of Montgomery was second at 996 500 and Pearce & Gresham Co of Decatur third at 1 037 897, with government estimate 981 057. The J 5 altitude test cell will test engines horizontally in near vacuum, 16 feet diameter and 50 feet long, built with half inch steel plate and a 20 ton overhead crane for loading rockets.

Mobile Ross Corp New Orleans Blount Brothers Corp Montgomery Pearce & Gresham Co Decatur Outer Space

Ambika the National Zoo elephant fails to show embryo signals

Washington AP reports on Ambika the National Zoo elephant where doctors from Georgetown University find no clear signs of an embryo after tests using electrodes a transmitter and ECG. Researchers await more data while Ambika remains calm as veterinarians chase definitive proof of pregnancy.

Washington Ambila National Zoo Elphant Georgetown University Ambika Joseph V. Princiotto Alfred Caputo

Also Mentioned on This Page

Jack Lefler Sierra Engineering Co Sierra Madre Calif Power Sales Co Ardmore Phillips Helene Curtis E. R. Wagner Manufacturing Co Milwaukee Wis National Dynamics N.Y Space Education Laboratories Rosemont Pai Park Ave PO Box Helene Curtis Industries North Ave Ill N. 32Nd St E. 23Rd St Harmonic Reed Corp Dow Jones Standard and Poor’s Stock Index Thur Lovin’s Ceramics Second Avenue McC Electric LLOCH Rvice Center Noland Get Davidson Plumbing CO Sherman St Mstrand Charles S. Chin South Korea Yellow Sea Russia Third Law On Army Engineers Today Air Force Arnold Engineering Development Center Tullahoma Tern India Ele Ttender United States America Gordon’s Cleaners Bank St Lecatur Nursery Moulton Rd Rexall Rexal Goidel Drug CO 5S Ave Moulton
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