Wall Streeter Sees Downturn as Stock Bull Fades
Wall Street analyst B. B. Thurlow of Winslow, Cohn & Stetson says the March rally was a pathetic fizzle that started high and ran into resistance. He notes dissipated technical strength and widespread paper losses as Dow futures tempt investors to fear further declines near 660 650 or 640. Spring thaw hints at more market weakness.
MENTIONED IN THIS ARTICLE
Jack Lefler
AP Business News
NEW York (Ap
Wall
Thurlow
New home gadgets offer long plant care and quick fixes
A water‑holding Aquamat ic Planter promises 30 days of irrigation via hollow walls filled from a top inlet. Heritage House’s Wonder Mulch uses corn cob fibers to enrich soil and resist weathering. Devcon Trim Cement bonds rubber to metal and more, while A C Gilbert debuts multi colored erector sets and Wing Thing glides on a tiny engine. Ronson Escort dryer adds comb brush attachments and hood. Craftway and Automatic Steam offer built in steam. Compriband seals and remembers shape for versatile construction use.
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A. C. Gilbert Co
New Haven
Conn
Grain futures edge higher on speculative buying
Chicago grain futures rose with fractional gains across wheat corn oats and soybeans on Friday. Traders noted firm commercial demand for corn tied to export orders and more than two million bushels sold for overseas shipment.
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Chicago
Board of Trade
Hogs Steady Steers Lower In Chicago Market
Prices in the Chicago butcher hog market were steady to 25 cents lower per hundredweight. No. 1 grade hogs at 210 lbs sold for 14.60, while 200-230 lb mixes cleared at 14 to 14.40. Steers stayed steady to 2 cents lower with prime cattle at 25.50 per 1200-1325 lb. Overall average for all weights up to 1450 lbs was 22.50 to 24.50, with good to mix good at 21.50 to 23.25.
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Chicago
Radio Station List With Broadcast Hours and Alerts
Station lineup WMdSL WHOS AM WHOS FM WHRT WAJF WJIMW WJOF and others show broadcast hours from sunrise to sunset or 10 PM depending on location. A final instruction directs tuning to 640 or 1240 during an enemy attack.
MENTIONED IN THIS ARTICLE
WAJF
WJIMW
Wjof-Fm
Stocks Display Signs Of Vigor
New York stocks rose on cheerier economic news with higher volume. The Dow Jones 60 gained 2.26 points, the AP 60 up 1.1 to 257.6, volume totaled 3.84 million nyse shares and 1.16 million on the Amex, 625 issues rose to 372 fall, new highs 82 new lows 29. Oil and airlines led gains among blue chips and oils, various groups advanced, while bonds were mixed.
MENTIONED IN THIS ARTICLE
Dow Jones
Associated Press
New York Stock Exchange
American Stock Exchange
U.S
Mortgage investment figures cited by local broker
Earl Glenn of the Earl Glenn Agency in Decatur says Liberty National Life Insurance Co. of Birmingham and affiliates have mortgage loan connections and invested in Morgan County. Glenn released figures relating to the mortgage investment by the company and its affiliates.
MENTIONED IN THIS ARTICLE
Earl Glenn
Liberty National Invests in Morgan County Loans in 1962
The bank disclosed a sum of 358 335 in Morgan County during 1962 and 245 loans totaling 2 008 570 to invest. It stated the funds were invested in line with Liberty National’s long standing policy of supporting communities it serves.
MENTIONED IN THIS ARTICLE
Morgan County
Liberty National
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