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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Las Vegas Sun
Location
Las Vegas, Nevada, United States of America
Date
Aug 02, 1963
Page
8
The Dow Jones Commodity Futures Index finished the session at 140.75, with the 1924 26 average set at 100. The data point reflects trading activity across futures markets and completes the listed index update.
Stocks moved easier in moderate trading with American shares irregular and Midwest markets slipping. Bond markets showed mixed results with U S government issues higher on quiet activity. London shares dipped while cotton futures eased and grains in Chicago saw wheat down about a percent and soybeans lower on the day.
UPI reports a mixed stock day with Dow off 1.11, S and P down 0.14 and overall late strength in steel and chemicals. Chrysler and Ford eased, Texaco slipped, and electronics names such as Foxboro and Texas Instruments lagged.
Delta Air Lines reports a record net income of 13.824 million for the year ending June 30 1963, equal to 5.42 dollars per share. Operating revenue rose to 210.073 million with continued jet service expansion across Las Vegas Newark Jacksonville and Dallas Fort Worth. A 30 cent dividend on 2.55 million shares is declared payable September 1 1963.
A city in Texas may scrap its inch bump in the highway after crowds tested it to measure speed. Drivers detoured through yards seeking thrills, prompting the original requester to now prefer a dip instead.
Three Las Vegas marines have finished four weeks of individual combat training at the Marine Corps Base in Camp Pendleton California. Enlistees named include Barry A West son of Ray D West 410 Melody Lane John T Romero stepson of Larry W Kane 5229 Mr View Dr and David E F Anderson son of J D Anderson 2033 Vernon Dr
Nevada League savings associations report total resources of 400 million dollars as of June 30 1963. Commissioner Harold Braman notes strong liquidity and growing mortgage loans 326.4 million and savings 312.9 million with 1 200 new Nevada families per month driving housing demand and steady growth for two years.
Consolidated net income for the first fiscal quarter ended June 30 reached $2,026,105 equal to 48 cents per share on 4,217,933 common shares. This marks a 5.8 percent increase from the prior period when net income was $1,914,748 or 45 cents per share on 4,197,375 shares.
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