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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Dec 26, 1961
Page
16
Fortune explains why new stock issues can spike in price and who benefits. It outlines underwriter misjudgments, price fixing, hot issues, and manipulation, with tips to protect investors by choosing solid firms, funds, or established issuers.
U S industry leaders move to raise capital outlays with plans for more plants and equipment in 1962. Steel and metalworking sectors forecast higher spending as orders trend up, while utilities and major firms like AT&T GE and Jersey Standard Oil anticipate multi billion dollar outlays.
In Denver the dog Sam eludes the dogcatcher as Lt Bernard captures him. Three times in two months Sam jumps into the front seat of the dog catcher’s truck and remains until taken to the pound. Each occasion ends with a new owner.
The Civil War era engine General, famed for its daring pursuit along the Atlanta to Chattanooga line, was captured by Union raiders in 1962 and later retaken by Confederate forces after a nearly 100 mile chase.
The American Council for Judaism Philanthropic Fund gave 5000 to Church World Service of the National Council of Churches. President Henry S. Moyer said the gift demonstrates humanitarian nonpolitical concern and aims to lessen friction between Moslems and Jews.
The Navahoes are the largest Indian tribe in the United States. Contrary to the myth of the vanishing Indian, their numbers rose from 12 000 in 1868 to more than 90 000 in 1960.
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