What Makes a Hot Issue Hot by Sylvia Porter
Analysis of how new stock issues become price hot with underwriter tactics. Fortune notes four common tricks: mispriced issues, locked pricing, hot issue incentives, and rigging via touting and insider selling. Readers advised to invest in solid firms or mutual funds and to seek reputable underwriters to reduce risk.
MENTIONED IN THIS ARTICLE
Sylvia Porter
Simulmatics
Wall Street
Fortune
Wall
Securities and Exchange Commission
Business Betting on Prosperity: Companies Push For Expansion
Executives outline higher outlays for plant and equipment in 1962 as steel and metalwork industries plan new capacity upgrades. The Commerce Department projects $36.5 billion in Q1 1962 plant and equipment spending, with optimism tempered by caution and tax incentive hopes. Major players like AT&T GE Jersey Standard Oil and others reveal sizable expansion plans.
MENTIONED IN THIS ARTICLE
New York
Congress
Department of Commerce
American Iron and Steel Institute
Iron Age Magazine
National Machine Tool Builders Association
American Telephone & Telegraph
General Electric
Jersey Standard Oil
Jersey
Sam Tries Again in Denver Dog Catcher Tale
In Denver AP reports a dog named Sam repeatedly hops into the dog catcher's truck and stays until taken to the pound. A friendly Lt Bernard intercepts him and Sam finds a new owner each time.
MENTIONED IN THIS ARTICLE
Denver
Sam
Bernard
Capture and recapture of the General locomotive during the Civil War
The famous Civil War locomotive General was captured by Union raiders in 1862 and pursued across nearly 100 miles along the Atlanta to Chattanooga line before Confederates recaptured it in a dramatic chase.
MENTIONED IN THIS ARTICLE
Atlanta
Chattanooga
$5,000 Gift Aids Arab Refugees From Jewish Philanthropy Fund
The American Council for Judaism Philanthropic Fund donates $5,000 to Church World Service to aid Arab refugees. Fund president Henry S. Moyer says the gift shows humanitarian concern and aims to lessen friction between Muslim and Jewish communities.
MENTIONED IN THIS ARTICLE
New York
American Council For Judaism Philanthropic Fund
Henry S. Moyer
Church World Service
Relief and Rehabilitation Agency
National Council of Churches
Navahoe Nation Grows From 12000 to Over 90000
The Navahoes are identified as the largest Indian tribe in the United States with numbers rising from 12 000 in 1868 to more than 90 000 by 1960.
MENTIONED IN THIS ARTICLE
United States
Also Mentioned on This Page
Sen
Fortune Magazine
SEC
the Hall Syndicate, Inc
J. R. Williams
TR Williams
MEA, Inc
TK Rog
First Federal Savings and Loan Association OF
LA Crosse Sixth and State Streets
By Sam Dawson
AP Business News
Airequipt Magazines
Universal
Photo Service
State St
South 4Th St
Dial
Standard
Standard Oil
Standar
RD OIL + DIVISION
American Oil Company
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