Market Nears Record Highs Before Friday Retreat
In the week’s heaviest trading the market rose toward new highs then backed off to close mixed. Dow Jones rose 0.81 to 745.06 with 548 declines to 513 advances among 1,322 issues. Sugar stocks slipped while tobacco shares rebounded. volume rose on the NYSE and AMEX.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Associated Press
du Pont
Consolidated Edison
Texaco
Jersey Standard
Liggett & Myers
American Stock Exchange
U.S
Dow Jones Closing Averages and Bond Market Summary
The report shows bonds at 88.99 unchanged 10 higher grade rails 84.03 up 0.08 second grade rails 89.86 off 0.17 public utilities 88.22 up 0.04 Industrials 93.86 up 0.06 and the Commodity Futures Index at 153.05 off 0.73.
New Products cover lighting control and household devices
AP reports this week’s New Products include an automatic lighting device for pullets that fools them into thinking daylight is longer, a moisture mitt made of poron by Rogers Corp, and a color computer from Tokyo Shibaura Electric Co. Also featured are U S Luggage leather cases for fire extinguishers, McCulloch’s 1964 outboard motors with Bail A Matic, Devcon Oven Coat oven protector, and manufacturer addresses for Tork Time Controls Rogers AMSCO USL luggage McCulloch Speen Corp.
MENTIONED IN THIS ARTICLE
Rogers Corp
Rogers
Tokyo Shibaura Electric Co
Toyko
Japan
Scott
McCulloch
Devcon Corp
Danvers
Mass
Tork Time Controls Inc
Mount Vernon
N. Y
Rogers, Conn
Tokyo
Shibaura Electric Co
Amsco Industries
Hatboro
New York Stock Advances Declines and Unchanged Totals
The New York stock summary shows 513 advances, 723 declines, 261 unchanged for total 1,322 on Friday. Compared with Thursday’s 1,313 total, the day’s activity shifted with more declines and fewer advances.
Butcher Hogs Hold Steady Amid Livestock Market Notes
Chicago prices for butcher hogs held steady after an early 25 cent drop. Steers and heifers showed mixed to steady results across weight classes with prime and high choice levels shared, while slaughter lambs and ewes posted solid to unchanged figures.
MENTIONED IN THIS ARTICLE
Chicago
Million Dollar Producer Named by Southern Heritage Life
Doyle Banta of Athens is named the companys first million dollar producer. He earned 1 042 000 in the first ten months after joining Southern Heritage Life Insurance Co a Huntsville based affiliate of Great Southern Financial Corp The Great Southern board includes Alvis G Briscoe Russell Bolding G B Huckaby Kenneth Noojin and Louis Salmon all of Huntsville.
MENTIONED IN THIS ARTICLE
Southern Heritage Life Insurance Co
Huntsville
Doyle Banta
Athens
Banta
Southern Heritage
Great Southern Financial Corp
Decatur
Great Southern
Alvis G. Briscoe
Russell Bolding
G. B. Huckaby
Kenneth Noojin
Louis Salmon
Butaprene II Rivals Natural Rubber in Oil Resistance
Butaprene II, a synthetic rubber, is described as superior to natural rubber in some aspects, notably its resistance to grease and petroleum oil.
Chemstrand promotes two in engineering department
The Chemstrand Co. promotes J. O. Stenborg to supervisor evaluation and R. N. Coker to manager planning and evaluation in the Engineering Department. John C. Hurgeton is named appoint, Clyde M. Garrison Jr. transfers from Pensacola to become process assistance superintendent. Hurgeton from Philadelphia is a Drexel tech graduate. Garrison is a High Point native and NC State alum.
MENTIONED IN THIS ARTICLE
J. O. Stenborg
R. N. Coker
Stenborg
Eleanor Dr
Bagley
Minn
Massachusetts Institute of Technology
Coker
Springdale Rd
Florence
University of Alabama
John C. Hurgeton
Clyde M. Garrison, Jr
Pensacola, Fla
Hurgeton
Philadelphia
Drexel Institute of Technology
Garrison
Chemstrand
High Point
N. C
North Carolina State College
Allstate Passes Billion Mark in Life Insurance In Force
Allstate Life Insurance Co. exceeds one billion dollars in force policies. President Judson B. Branch presented the milestone policy to a Chicago suburb family, six years after operations began. Jack Allen of Decatur tops North Alabama life production for Allstate.
MENTIONED IN THIS ARTICLE
Allstate Life Insurance Co
Judson B. Branch
Chicago
Allstate
U.S
Jack Allen
Decatur
North
Alabama
Allstate Company
Brown Declares 5 Cent Dividend at Cocoa Beach Meeting
The Brown Engineering Co. board in Huntsville declared a five cent per share dividend payable December 31 to stockholders of record December 6. The board met recently at the company's new Cocoa Beach facilities where the Cape Department occupies over 8600 square feet in phase one of a three phase program.
MENTIONED IN THIS ARTICLE
Brown Engineering Co., Inc
Huntsville
Cocoa Beach
Fla
Cape
Kentucky Keeps Term Commonwealth in Independence Move
The article notes Kentucky chose to retain the term Commonwealth in its bid for independence from Virginia. It explains a commonwealth is a state derived from one of the original colonies.
MENTIONED IN THIS ARTICLE
Frankfort
Kentucky
Commonwealth
Virginia
Grenier Makes Trip To Texas
Birmingham attorney John Grenier chairman of the Alabama Republican Executive Committee travels to Dallas to speak at a Texas Republican leadership conference. He will address Texas county chairmen and leaders and discuss Alabama party operations and the 1962 campaign. He is joined by Manyon Millican and Dr. Thomas Brigham.
MENTIONED IN THIS ARTICLE
Birmingham
John Grenier
Alabama
Republican Executive Committee
Dallas
Grenier
Texas
Gadsden
James D. Martin
Manyon Millican
Thomas Brigham
Bullish Grain Forecast Lifts Futures On Trade
In Chicago the slightly bullish forecast for corn and soybeans plus stronger cash wheat exports boosted grain futures on the Board of Trade. Soybeans jumped up to 5% as private estimates suggested bean output near 727,247,000 bushels, about a million under the government forecast.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Murder Mystery Deepens in Glendale Boy’s Disappearance
Glendale detective Vic Varallo probes the 10 year old Paul Brandon case. The boy’s diary entries hint at hidden lives among neighbors and a possible roulette den operator nicknamed Faro Joe, guiding investigators toward motives and suspects.
MENTIONED IN THIS ARTICLE
Paul Brandon
Glendale
Calif
Paul
Vic Varallo
Varallo
Forbes
Anderson
Miss Mason
Riegler
Greta
Rose
Dad
Jerry Emmett
Steve
Nick
Pat
Charles
O’connor
Joe Schultz
O'Connor
Radio Station Broadcast Hours and Attack Warning
Radio stations list broadcast hours from 6 AM to 11 PM or sunrise to sunset with additional times for WAJF 1490 WJIMW AM 730 WJOF FM 104.3 MC and 640 or 1240 K tones. A note mentions 6 55 AM to Midnight and sunset to 10 30 PM in case of enemy attack.
MENTIONED IN THIS ARTICLE
WJIMW
WJOF
Kendal Jr Chosen Alabama Tuberculosis President 1963
Robert G. Kendal Jr. of Evergreen elected president of the Alabama Tuberculosis Association for 1963-64 at the 49th annual meeting in Birmingham. Judge Conrad Fowler of Columbiana named as predecessor, with Newton B. Powell of Decatur and Mrs. Owen Meredith Jr. of Tuscaloosa elected vice presidents. Executives include Mrs. Aubrey Taylor, Plato Britton, and an expanded board with members from Birmingham, Bay Minette, Arab, Athens, and Tuscaloosa.
MENTIONED IN THIS ARTICLE
Birmingham
Robert G. Kendal Jr
Evergreen
Alabama Tuberculosis Association
Kendall
Conrad Fowler
Columbiana
Newton B. Powell
Decatur
Owen Meredith Jr
Tuscaloosa
John Jenkins
Francis J. Wade
Charles Bodden
Bay Minette
W. Cooper Green
Ralph Hammond
Arab
Otis Jordan
Thomas G. Steele
Athens
Koreans Win Diplomas From Redstone Missile School
At Huntsville on October 4, 18 Republic of Korea troops completed Hawk air defense missile courses at the U S Army Ordnance Guided Missile School. Honor men were Korean sergeants Yoon Taeno and Lee Wonkoo among a class including Germans and Dutch.
MENTIONED IN THIS ARTICLE
Huntsville
Oct
Republic of Korea
U.S. Army Ordnance
U.S
Far East
North Atlantic Treaty Organization
Japan
China
Yoon Taeno
Lee Wonkoo
Peter J. Beijer
Netherlands Air Force
Joseph Muehling
Hans W. P. Finck
Germany
Greece
Korea
Netherlands
Also Mentioned on This Page
Standard and Poor's Stock Index
Esesasees
ED Morse
AP Business News
U. S. Luggage & Leather Products Co
N.Y
U S. Luggage & Leather Products Co
W. Sth St
C'strand
The
Chemstrand Co
Brown
U.S. Commonwealth
Ruf & Reddy
Hector Heathcote
Fireball
Dennis the Menace
Lieutenant O’connor
Vic
Iigher
Rake Charles
Decatur Daily
Centro
Stendard
Jesus
USA
Popeye
the Lieutenant
Joey Bishop
Bill Danna
Ruff and Reddy
Hector Heathcote Space
Ange
the Jetsons
Dnnis
eTh Menace
Cartoonies
Gospel Caravan
Bullwinkle
Sgt
Preston
Dick Clark
William Brot
Jerry Lewis
Channel
Andersons
Faro Joe
Bonanza
World of Color
Mays
Atv Ca
Jetsons
Starlight
Sportsman Report
Peter Gunn
Porter Waggoner
Lieutenant
Lawrence Welk
Andy Williams
Wally Fowler
Life Theatre
Discovery
Los Angeles
Bryant
Bear Bryant
Auburn
Restless
Maverick
Walt Disney
Jamie Mi
Pheeters
Jamie McPheeters
Elizabeth Taylor
ABC News
Richard Boone
Hong Kong
TBA
Reaavictror
Ferry St
Wmodl
Metuel
Whos-Fm
WHRT
Powell
TB Veep
Aubrey Taylor
Sylacauga
Plato Britton
Redstone
Hertz
Hertz System
Decatur Transit
Decatur Transfer & Storage
Oward Johnson Decatur Nursery
Moulton
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