Economic optimism grows as forecasts temper recession fears
Morgan Guaranty Trust Co. sees Cuban episode and brighter business news reducing recession risk in early 1963. October auto sales hit record levels, while capital spending plans suggest a mild downturn if any. Prudential predicts modest 1963 gains with GDP around 567 billion dollars, up 2 percent. Colonial Stores declares a five cent extra cash dividend, raising 1962 total to 70 cents per share.
MENTIONED IN THIS ARTICLE
Morgan Guaranty Trust Co
Prudential Insurance Co
Prudential
Colonial Stores Inc
Colonial
Carl J. Reith
Reith
New York
Sonoray Chosen For Livestock Breeding Selection
Missouri livestock men vote to use the high frequency sound instrument sonoray to assess meatiness of live animals. Based on the navy sonoscope, sonoray measures fat and muscle layers to predict loin eye size, guiding breeding stock choices without slaughter.
MENTIONED IN THIS ARTICLE
Columbia, Mo
Missouri
Mound City Yellow Cab Drivers Affiliate with Seafarers Union
ST. LOUIS AP drivers from Mound City Yellow Cab Co voted to affiliate with the Seafarers International Union. The price quotes note is unofficial and intended as a guide, not actual transactions, dated November 16 1942.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
ST. Louis
Mound City
Yellow Cab Co
Seafarers International Union
Fears Of Recession In Early 63 Fade
Economists see a reduced chance of a 1963 recession as car sales rise and income tax cut plans gain backing. The stock market improves and a majority of surveyed economists expect no recession next year, though some foresee a mild downturn later. Transportation tax relief and higher car production pace also feature in broader economic signals.
MENTIONED IN THIS ARTICLE
AP Business News
NEW York AP
Kennedy
Byron J.nichols
Chrysler Corp
Dodge
William H.shaw
du Pont
Textile Fibbers
Eee
Secretary of the Treasury
Douglas Dillon
Walter W. Heller
Ml Aan
Eastern
Posi
Also Mentioned on This Page
Joe Brown
School of Business Administration
University of North Carolina At
Chapel Hill
North Carolina Regional Export Expansion Council
Joel B. New
Greensboro
U. S. Department of Commerce
E & H Savings
North Carolina
E&h
J. E. Pleasants
High Point Volunteer Savings Bonds
Guilford County
Louisville
Consider H. Willett Inc
William L. Tierney Jr
Thomas Industries Inc
Alexander B. McLennan
Thomas
Adolph F. Spear
General Plywood
Piedmont Aviation Inc
T. H. Davis
Civil Aeronautics Board
Piedmont Area
Southeastern
Charlotte Merchandise Mart
Robert E. Zimmerman
Southeastern Shows Inc
Merchandise Mart
Mart
Richard P. Behrens
Robert E. Lupo
English Motor Company
High Point
Ford Motor Company
Atlanta Marketing Institute
Robert A. Lee
Dartmouth St
State Farm Mutual Automobile Insurance Co
Lee
Jamestown High School
High Point College
U. S. Air Force
Joan
Karen
Lions Clubs
Toastmasters
N. Main Street Baptist Church
Agency For State
Southern Department of Cosmopolitan Insurance Co
W. Homer Arrington
James Cage
Arrington
Dividend General Agency Inc
Cosmopolitan
Thomasville Ind
American Furn
Piedmont
Piedmont Aviation
J. Sturgis May & Co
Stocks & Bonds
North Carolina National Bank Building
Electronic Accounting Card Corp
National Blvd
Edgar Snider
Hamilton Mfg. Wa
Texize “ Hanes, P. H. Knitting Textiles, Inc. Es
Thermo Plastics
Harris Teeter
Thomasville Indians
Tidewater Natural Gas
Horne’s Enterprises
Time, Inc
Huyck Corp
Intermtn
Travelers Insurance
Interstate Life & Accident Wa
Trea
U. S. Leasing Sia
of Canada
Wachovia Bank Ma
Just Walker
Va Adams Engineering Ee Fear
Walter
Jim
Te Jackson Minit
Sear Watson Bros
All
American Fidelity Life
Liberty Loan
American Land Main
Life & Casualty
Lil General Stores
American
Lilly & Company
Eli
Tie
Lowe's CompanyOval
Bassett Furniture
Lucky Stores
Western Petro
Maxson, W. L. Corp
Blue Bell, Inc
McLean Industries
Metrotek
Boston —— Inc
Moore Handley Hd
V. Brush
Natl, Dev. Corp .i Cc. M. C. Finance
National Food Ee Cfm Corporation We
Nationwide Homes
Coma Carolinas Capital
Nationwide
Carolina Casualty
Nati Life & Accident
We Carolina P&l
New Britain Machine
Wawu Carolina Tet & Telary
North American Life
N. C. National Bank
Central Vermont Central Telephone
N. C. Natural Gas
Coastal Plain Life Vns. Co
N. C
Hi Colonial Stores
Occidental Life
Colonial Stores
Ohio State Life
Peninsular Life
Colorcraft Corpela — Textile Corp
P&n Railway
Nw Val
Consolidated Credit
Craig System
Piedmont Natural Gas
Culligan, Inc
Public Service
N. C. Va
Donnelly, RR & Sons
Pyramid Life Downtowner Corp
Republic National Lite
Rose's
Crufty Mott
Rowe Furniture
Savannah Elect. & Pwr c
Durham
Savannah Eastern Util
Scield Bantam
Eckerd of
Fla
We Economic Laboratorie No
Scott Foresman Electronic Aid A
Scott Mattson Fidelity Bankers Lite Vike
Scottish Bank
First
Company Ci
First Sou
First Union
Great Southern
Ge Stevens
A. P. Wels Stevens
Gulf Life Insurance Ma
Greensboro Road
Jamestown
ABC
Tions
Southern and Western Lines
M. D. Keith
Optometrist
Hayden Place
Co Be Ons Nest
Callensree
Charles E. Diffendal, JR
Southeastern Securities Corporation
Winston-Salem - Charlotte - Greensboro
Philadelphia-Baltimore Stock Exchange
Eugene M. Wilson
Tabor St
Ewe
Mortgage Loan
Nationwide Mutual Insurance Co
Nationwide Mutual Fire Ins. Co
Nationwide Life Insurance Co
Home Office
Columbus
Ohio
Craver TV
Lea
Lindsay
Craver TV and Appliance CO
Robert A. McCliston
Accident & Health
N. Main ST
Jefferson Bldg
Avantic
First Southern CO
Greensboro, N.caa
Auncy
N. Carolina
Nat'l
Max Bones