Public Returns Hint Stock Market Rebound On Broad Uptake
New York brokers report rising public participation in stocks after the 1962 crash. Old customers reengage, new accounts grow, and margin buying increases with total debits at NYSE member firms reaching 4.55 billion by April. Analysts expect May figures to rise and the Dow to test 695–710 before new highs.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
B. K. Thurlow
Winslow, Cohn & Stetson
Dow Jones
Dow Jones Closing Averages Report June 14
New York June 14 AP Final Dow averages show mixed moves across groups with Industrials leading at 721.47 to 725.72 intraday, Rails at 170.41 to 170.90, and Utilities 139.27 to 140.02. Transactions in stocks used in the averages include Rails 90,000 and Utilities 53,200, while bonds and futures reflect small fluctuations and a Futures Index at 146.77 down 1.16.
MENTIONED IN THIS ARTICLE
New York
New Water Cutting Mower Featured For Lakefront Use
AP reports a new underwater cutting mower from Jaii Products aimed at lakefront property owners, resort operators, and government agencies. The unit clips vegetation with three blades in a u shape, can be mounted on a rowboat, and seeks to keep boating and swimming areas weed free.
MENTIONED IN THIS ARTICLE
ED Morse
AP Business
New York
Jari Products, Inc
Minneapolis
Minn
Finger Potation Device Tops $5,000 Prize
The concept of an antique Chinese finger potate, a braided tube that tightens as you pull, won a $5,000 prize. Inventor demonstrated how the device grips by design, highlighting its novel leverage and mechanical action.
New York Stocks Mixed On Midday Trading
June 14 AP report shows floor prices from New York with mixed results for Fri and Thur sessions. Stocks like 472 and 1,306 appear as trading figures among rail and industrial shares.
Johnson & Johnson Introduces Band Aide Spray Antiseptic
Johnson and Johnson announces Band-Aid Spray Antiseptic a modern antiseptic spray designed for bleeding cuts. The product uses dequalinium acetate a germ inhibitor claimed to stay active in blood providing faster healing according to the company.
MENTIONED IN THIS ARTICLE
Johnson & Johnson
World-wide Lek tronic II Shaver with multi-volt charger
Remington markets the World-wide Lek tronic II Shaver as the first cordless electric shaver usable abroad. A new multi-volt transformer allows recharging on three universal ranges 110-130, 140-160, and 190-250. The lightweight aluminum tool doubles as a rake and leveler with adjustable head, designed for home use.
MENTIONED IN THIS ARTICLE
Remington’s
United States
U S Dollars Face Barriers Abroad In Foreign Markets
U S investment dollars face growing restrictions abroad with Canada imposing a 30 percent tax on foreign sales of large Canadian company blocks. The move aims to curb foreign control while U S investors weigh the impact. Despite curbs, overall outflow remains modest as U S capital has built substantial foreign manufacturing stakes and profits. Canada and France echo concerns over foreign ownership, notably in energy and manufacturing sectors.
MENTIONED IN THIS ARTICLE
Europe
South America
Canada
U.S
Ford
U.S. Ford
Walter Gordon
France
Chrysler Corp
Simca
Radio station and frequency listings with emergency instruction
A compact broadcast log lists station call signs and frequencies such as WMSL Mutual 1400 WHOS AM 800 WHOS FM 102.1 MC and WAJF 1490 with operating hours ranging from early morning to late night. It includes WJIMW 730 and WJOF 104.3 with sunset based hours and an advisory to tune to 640 or 1240 during enemy attack.
MENTIONED IN THIS ARTICLE
WMSL
Mutual
WAJF
WJIMW
Wjof-Fm
Wheat and soy futures surge on Board of Trade
Chicago AP reports a fresh round of speculative buying lifted wheat and soybean futures near day highs. Wheat rose about two cents, soybeans up more than three, with rye and feed grains mostly higher or flat. July prices cited for wheat at 1.89 89 and soybeans around 2.65.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Indiana
Hog Supply Takes Rise In Chicago Market
CHICAGO AP The butcher hog supply of 6,500 head Friday was the largest for a Friday in five weeks and prices were steady to 25 cents a hundredweight lower. Top price down 50 cents from Thursday. Under 230 lb hogs most declines. mixed No 1 and 2 grades 190-230 lb up to $17.75. Slaughter steers steady with mixed high choice and prime to strictly prime grades at $23-24.
MENTIONED IN THIS ARTICLE
Chicago
East German refugees flee to West Germany 1948–1961
About 2.7 million East German refugees fled to West Germany between 1948 and the erection of the Berlin Wall in 1961, seeking escape from the communist regime and economic hardship.
MENTIONED IN THIS ARTICLE
West Germany
Berlin Wall
Tobaccos Recover As Stock Sales Lowest In Two Weeks
In a dull mixed session on Friday Wall Street edges lower on concern over a possible nationwide rail strike and weekend developments. DuPont supports a modest advance while Chrysler trims losses. tobacco stocks rebound with Liggett & Myers Reynolds American and Philip Morris among gainers.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Chrysler
Dow Jones
Tobaccos
Liggett & Myers
Rynolds
American
Lorillard
Philip Morris
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New Moulton Road
By Roger Lane
AP Business News
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William F. Butler
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True Temper Corp
Cleveland
Ohio
Jari Products Inc
Pillsbury Ave
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Goodyear Tire & Rubber Co
Rockefeller Plaza
N. Y. Tire 3M Company
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