New Medical and Tech Products Highlight Week
AP reports Cardio-Sensor aid to detect heart activity after heartbeat loss from Mastercraft Medical. Grolier International to publish Encyclopedia International 20 volumes with 36 000 references and 18 500 illustrations. Technical Animations debuts animated weather maps for TV using optical plastic and polarized primers. Hamilton-Sketch unveils Porta-File cabinet and Bel Aire picnic chest. Sperry Rand offers Lady Remington Lektronic cordless shaver for women. Addresses of participating firms listed.
MENTIONED IN THIS ARTICLE
Grolier Inc
Encyclopedia. International
Technical Animations
Port Washington
N.Y
York
Lexington Ave
New York
Mastercraft Medical & Industrial Corp
Jamaica
Hamilton Sketch Corp
Fifth Ave
Sperry Rand Corp
Rockefeller Plaza
Mixed Hog Prices Dip and Rise in Friday Trading
Chicago AP reports mixed hog prices with weaker light hogs and stronger others. Top prices hit 14.35 a three year low, with 200-300 lb No 1 and 2 grades modestly sold, while 1-3 grades 200-260 lb brought 13.85 to 14.25 and some 325 lb 2s and 3s earned 13.25. Slaughter steers showed prime at 24.75 for 1200-1400 lb, 23-24.50 for mixed high to prime, and good grade 21-22.75. bulls reached 20.75. Sheep supply was too small to test prices.
Arizona teens held for theft face Arizona judge
Two Arizona teenagers were picked up for car theft and sent back to Phoenix to face Superior Court Judge Kenneth C. Chatwin, newly named juvenile judge. The stolen car belonged to Judge Chatwin of Phoenix.
MENTIONED IN THIS ARTICLE
Alpine
Calif
Arizona
Phoenix
Superior Court
Kenneth C. Chatwin
Market lacks vigor until February highs are surpassed
Wall Street analyst B. K. Thurlow of Winslow Cohn & Stetson says little advance is likely as long as prices struggle above February highs. He notes eight days of rising prices on low volume, a neutral to cautious sentiment, and a technical rebound from heavy selling. Volume remains weak and news developments few.
MENTIONED IN THIS ARTICLE
AP Business News
NEW York
Wall Street
B. K. Thurlow
Winslow, Cohn & Stetson
Thurlow
February Industrial Output Tied January At High Level
Industry output in February matched January levels and remained about 3 percent above February 1962, with the Federal Reserve Board noting the index at 119 percent of the 1957-59 average. Finished products rose, iron and steel up while other materials fell. Automobiles kept a peak pace, and March schedules suggested continued high production.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Grain Futures Remain Steady Amid Spreads on Board of Trade
Chicago grain markets showed little change with narrow moves across wheat corn oats rye and soybeans. Trading was mainly speculative and focused on spreading as traders liquidate long positions across contracts.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Board notes mixed industrial gains and ongoing strikes
The board reports higher home goods and steady consumer staples as output of industrial and commercial machinery rises. Freight and passenger equipment show little change while steel ingot production climbs 5 percent in February. Construction materials and petroleum products gain. crude oil output falls. Machinery orders rose in January but shipments were limited by the longshoremen's strike, sharply curtailing merchandise exports.
Blue Chips Lead Gains on Mixed Trading
New York stocks edged higher amid steady demand from institutional buyers and an undercurrent of caution. The Dow Jones rose 2.60 to 676.33, while the AP 60 gained 0.6 to 256.9 as volume and activity showed uneven movement in a dull market.
MENTIONED IN THIS ARTICLE
New York
Associated Press
J. J. Newberry
February Absenteeism Peaks at Life Insurance Institute Report
The Institute of Life Insurance reports February sees the highest job absenteeism due to illness and injury, with more workers out than in any other month.
MENTIONED IN THIS ARTICLE
Institute of Life Insurance
McAbee Promoted to Assistant Foreman at Decatur Plant
Lloyd E. McAbee named assistant foreman in Wolverine Tube’s Machine Tool Department at the Decatur plant. He joined in 1948 as a milling machine operator, later became group leader. He is married to Ozelle Sharrot of Hartselle, has five children, and serves as a deacon and Sunday school teacher at Bethel Baptist Church.
MENTIONED IN THIS ARTICLE
Calumet and
HECLA
Lloyd E. McAbee
Decatur
Wolverine Tube
Calumet and Hecla, Inc
H. J. Ross
McAbee
Ozelle Sharrot
Hartselle
Hart
Rising clothing costs stretch budgets across decades
Expenditures on apparel climbed steadily over twenty years. In 1960 women and children spent about 150 dollars while men and boys spent roughly 109 dollars.
Dow Jones Ends Higher As Stocks Rally Broadly
Markets closed with gains led by industrials and rails as the Dow Jones average rose to about 676.33 with up moves across key sectors. Trading volume reached roughly 292,400 shares in a broad market session.
New York Stock Totals Reflect Mixed Advances
Market recap from New York shows 355 percent advances and 283 declines amid 1279 total issues with 641 unchanged as of March 15. The data covers Fri and Thur trading days, detailing gains and losses across key sectors.
3M Decatur Film Plant Wins Safety Award
Employees of the 3M Film plant in Decatur are cited for finishing 1962 without a lost-time injury, earning a safety award and recognition for their achievement.
MENTIONED IN THIS ARTICLE
3M Company
Decatur
State Farm reports record auto insurance earned premiums in 1962
State Farm Mutual led the six company group with earned premiums and membership fees totaling 542,276,885 on automobile insurance in 1962, a 9.6 percent rise from 1961. Local agents include Troy O. Williams Gary Rodgers and Malcolm Smith.
MENTIONED IN THIS ARTICLE
State Farm Mutual
Edward B. Rust
State Farm Group
State Farm
Troy O. Williams
6Th Ave
Gary Rodgers
Creighton Ave
Malcolm ‘Smith
Grant St
3M Honors Plants in Safety Competition
W. H. Fuhr, plant manager at Decatur, announces that the Presi dent's award for outstanding achievement went to a production unit under 500 000 man hours per year. The top award covered 19 plants, including Hutchinson Minnesota magnetic products plant the first in 3M history to surpass two million hours without a lost time injury.
MENTIONED IN THIS ARTICLE
W. H. Fuhr
Decatur
Hutchinson, Minn
Radio schedules and wartime alerts listing stations
A wartime broadcast snippet lists radio stations WAJF 1490 WIMW 730 and WJOF 104.3 with MC Tune references. Timings show morning to midnight schedules from 4:00 to 11:00 PM and sunrise to sunset, ending with a note about enemy attack.
MENTIONED IN THIS ARTICLE
WIMW
WJOF
Experimental helicopter costs rise for heavy load lift
An experimental helicopter built to lift a 15 ton load costs its builder 4 million dollars.
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