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Decatur Daily in Decatur, Alabama

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Decatur Daily

Location

Decatur, Alabama, United States of America

Date

Mar 30, 1963

Page

3

Stock Market Holds Steady On Narrow Center

AP reports Wall Street shows little movement after months of steady gains as optimists cite rosy 1963 business forecasts and steel production gains while pessimists fear hidden bad news, possibly from foreign relations, keeping prices from rising. The view from Winslow, Cohn & Stetson notes повing trends and uncertain response.

Jack Lepler AP Business News NEW York (Ap B.K. Thurlow Winslow, Cohn & Stetson

New Products From Airplanes To Housewives

A. G. Spalding introduces a one piece cover golf ball using polyunidyne replacing balata with two piece construction. Lyman Pass offers a true north gadget. Texize Chemicals sells Cleaner With Ammonia for home cleaning. Mehl Manufacturing wraps plants in moisture proof film with water injection. Morpus Research teams add snap fasteners to socks. An English valet stand serves as heated trouser press. Addresses of involved companies listed.

ED Morse AP Business News New York United States A. G. Spalding & Bros Texite Chemicals, Inc Greenville S.C Mehl Manufacturing Co Cincinnati Ohio England John Meadow St Chicopee Mass Lyman Metal Products South Norwalk Conn Texize Chemicals Inc Greenvile

Stocks Rise And Fall In March 29 Market Update

New York report shows Friday advances 509 versus 488 declines and 296 unchanged, with 1293 issues active. The Thursday figures were 448 declines and 540 declines, 296 unchanged, reflecting mixed trading activity across major issues.

Chemstrand Names Three Promotions in Acrilan Development

John Lamartire announces three promotions at Acrilan Development Chemstrand. W B Henderson becomes project leader, T B Truscott advances to project leader, and J H Lemley is promoted to chemical laboratory foreman. All effective April 1. Henderson previously served as senior engineer and has ties to Phillips Chemical. Truscott is an Atlanta native and Georgia Tech graduate. Lemley, from Grant Alabama, studied at Athens College and the University of Alabama.

Chemstrand Co Acrilan Development Department John Lamartire Acrilan Development W. B. Henderson T. B. Truscott J. H. Lemley Chemical Laboratory Henderson Chemstrand He Henderson Phillips Chemical Co Pasadena Texas Bartlesville, Ohlo Truscott Atlanta Georgia Institute of Technology Lemley Grant, Ala Decatur High School Athens College University of Alabama

Friday Dall Prices Mixed Markets End Mixed

The New York stock market closed mixed after a dull session. The Dow edged up .05 to 682.52 while gains outpaced losses 509 to 488 among 1,293 issues. Volume fell to 3.39 million as traders showed cautious footing and leaders favored buying.

New York

Hog prices hold steady with modest drops in Chicago

Chicago AP reports butcher hogs sold steady to mostly 25 cents lower per hundredweight. Prices for 190-230 lb hogs ranged $14.00 to $14.50, 260 lb and under mixed 1-3 grades at $13.35 to $14, and 290 lb max mixed 2 and 3 at $13 to $13.50. Sows topped at $12.25.

Chicago

Dow Jones Closing Averages Report

A brief summary of the Dow Jones closing averages across trading days, noting overall market direction and key drivers influencing the index performance. Indicates changes in major components and general investor sentiment without sensational detail.

Stock Index Readings From New York Market Report

Standard and Poor's stock index data for March 29 shows mixed closes across sectors. The 500 index varies with slight declines in some groups and gains in others, reflecting modest volatility in large cap shares.

Stand on Luzon and Corregidor in 1942 Heroic Defense

In spring 1942 United States and Filipino troops held the line on Luzons Bataan Peninsula and Corregidor Island to halt the Japanese invasion of the Philippines, a desperate and symbolic stand amid advancing forces.

Luzon Bataan Corregidor Island Philippines

Water Fees Display Rise

The city water department reports a drop in second notices after implementing a gross-net billing system on March 1. Of about 23 percent of customers checked in February and March, 288 second notices were mailed in March versus 418 in February, a 69 percent March total.

City Water Department George H. Godwin City Electric Department City Gas Department

Shift Made At Roselawn

George Hean, administrator of Roselawn Cemetery in Decatur, will leave his post on April 1 to lead Glen Haven Memorial Gardens in Macon for about three months before becoming general manager of the Georgia- Florida-Alabama Cemetery Group in Tampa. Hean remains in advisory capacity with Roselawn, making semi annual trips for inspection advice and design. James Grimes of Russellville will replace Hean as administrator of Roselawn.

George Hean Roselawn Cemetery Decatur Hean Macon Glen Haven Memorial Gardens Tampa Fla Roselawn James Grimes Russellville Tioseelawn

Broad Advance Under Pressure

Selling pressure intensified after a broad opening in grain futures on the Board of Trade. By Friday most contracts traded into net losses with soybeans down about a cent while wheat held slight gains and other grains slipped only small fractions.

Chicago Board of Trade

Ts'ai Lun’s Paper Invention Timeline Noted

The court scholar Ts'ai Lun developed the first sheet of paper in 105 A.D. by pulping bark rope rag and fish nets to create a usable writing surface.

Ts’ai Lun

Southern Airways In Globe Contest

Southern Airways Inc. in Decatur announces an international travel contest with Trans World Airways. George Riedmuel ler, station manager, says during the contest period films and travel displays are available at the local Southern office. First prize is an expense paid tour to Madrid Rome and Paris. Second prize is a weekend in Los Angeles San Francisco Tucson or Phoenix. Third prize includes confirmed space tickets to any U S city served by TWA.

Southern Airways, Inc Decatur Southern Trans World Airways TWW George Riedmueller Southern Airways Madrid Rome Paris Los Angeles San Francisco Tucson Phoenix U. S TWA

Also Mentioned on This Page

Lyman Pass Morpus Research Co Durham N.C Proudfoot Hosiery Corp N.Y Corby Ltd Windsor Berkshire Méhl Manufacturing Co Reading Rd Fifth Ave John Corby Ltd Frances Rd Cs Se C’strand Lemay Associated Press American Stock Exchange W. P. McGough McGough Bakeries Corp Holsum Bread John Lee Dow Jones Dow Averagiss Rai N i Naeewe Wen Eee Sence Standard and Poor's Stock Index Standard and Poor's RCA Godwin Hhe Somerville RD General Pearce and Gresham H. Lloyd Hill AIA Albertville Haleyville Athens Meghlarte Ath Clabane State National Bank Member Federal Deposit Insurance Corpo Collinsville Cullman Huntsville Falkville Florence Sheffield Fort Payne North Alabama THE NEW State National Bank Building State National North Ala Bama
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