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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jun 08, 1963
Page
3
New York based analyst B K Thurlow of Winslow Cohn Stetson says market activity is curiouser and curiouser as quality blue chips and cyclical issues lead the rally. He notes speculation shifts from cyclical stocks to sugars and glamor stocks, with investors chasing quick gains despite risks ahead in 1962.
New York June 7 AP final Dow Jones averages show mixed moves across sectors. Industrials near 726 with gains, rails around 171, utilities about 140, while bonds hover near 89 with slight fluctuations.
A seven pound hydraulic jack can exert five tons of pressure, designed for confined spaces in engineering and construction. Tangyes Ltd. of Birmingham, England markets the hydrauite jack with a novel sealed hydraulic circuit. A 12 pound gasoline generator from Tiger Manufacturing Co. of Long Beach powers small devices up to 300 watts. Also offered is Polar-Pac insulated styro foam can holder with six slots for beverages by Polar-Pac Sales Co. of Glens Falls, N.Y.
D Con Co a Sterl ing Drug Inc subsidiary markets ener gine spray glue for hard to reach gluing tasks It claims to be the only permanent spray glue and that longer setting yields stronger bonds The formulation blends synthetic rubber and resins making it unique It is the first rubber based glue produced in an aerosol container
General Electric introduces a personal portable television described as lighter and smaller than any American set. Weighing 12 pounds, it features an 11 inch picture tube, front controls, and a 2 by 6 inch speaker, marking uncommon features for compact models.
Cleo Wrap Corp of Memphis Tennessee offers Redi Wrap boxes that expand from flat to fit gifts as small as jewelry. A new shirt for Father’s Day can be placed in a super deluxe box featuring a full dress suit design and glamorous medals.
Tangyes Ltd at Cornwall Works Birmingham England Tiger Manufacturing Co 2312 W Pacific Coast Highway Long Beach California The D-Con Co Sterling Drugs Inc New York 18 N Y General Electric Co Electronics Park Syracuse New York Polar Pac Sales Co 129 Bay St Glens Falls New York Cleo Wrap Corp P O Box 1300 Memphis Tennessee
Chicago AP reports grain futures closed little changed after early firmness. Wheat and oats rose on balance while corn steadied under profit taking and rain moisture concerns persisted. Weather remains a key factor for corn and soybeans, with scattered rainfall leaving much of the crop requiring moisture. Wheat July rose to 1.86 plus, oats and soybeans shown modest changes as prices firmed or slipped fractionally.
Chicago AP reports hog prices weak amid light demand with 5,500 head. Top hog price down to 18.25 from 18.75 highs. No. 1 and 2 mixed weights 17.50-17.75. heavier grades 15.25-15.75. Slaughter steers 23.85-24.25 with prime and high choice. heifers 20.25-23.40. No sheep sales reported.
Tenants of the new 2.5 million dollar Decatur Shopping Center were briefed on plans for the formal opening June 20 of the shoppers mart nearing completion in Decatur. W. T. Grant Co. and Cen-Del Delicates are in operation, and officials praise the project as a major boost to Decatur’s economy.
Stock report summarizes June 7 figures with advances 435 declines 482 unchanged 304 total issues 1318. Other lines show 603 539 304 280 and unchanged totals, reflecting market breadth.
Peter Ustinov, at Park Avenue apartment, proclaims an age of corruption and discusses morals, life after death, and nude scenes in film during a wide ranging interview. He cites labor friction, property values, and the value of honesty amid global business shifts as he promotes his current projects. The piece also notes entertainment headlines including Mary Martin, Jill St John, Xavier Cugat, and other celebrities and shows.
The notice lists radio station call letters WAJF 1490 WIJIMW AM 730 WJOF FM 104.3 MC with broadcasting hours from 4:55 AM to Midnight and 7 AM to 10:30 PM. It instructs listeners to tune to 640 or 1240 in case of enemy attack and marks sunrise to sunset hours.
State National Bank announced it will offer non profit loans to college students under the national United Student Aid Funds program. Eligible borrowers in North Alabama may receive up to 1000 annually, total 3000, for undergraduate or graduate study. Loans are repaid after graduation over three years with no top scholarship required, based on progress toward degree and good character.
Dr. W M Sinton of Lowell Observatory told a Mars exploration symposium that if Mars hosts vegetation it would likely resemble cacti such as barrel or saguaro. He noted Martian conditions include extremely low oxygen pressure and frigid nights, with days reaching about 80 degrees at noon.
Odis Simpson Jr and his wife run a seafood store in Decatur across from Bowline Drive In Theater. Open six days a week the former Gadsden resident and current Flint City Chief of Police offers a wide range of fish and seafood. He bills the shop as the home of fresh catfish.
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