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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Dec 15, 1963
Page
17
Week's market actions cover stocks bonds and commodities with cautious tone. Analysts note gains despite volatility while investors watch interest rate signals from the Federal Reserve and movements in major indexes and sector leaders.
The article notes a construction plan totaling 1 196 000 dollars for public buildings including housing developments, an office building, a municipal utility plant, and a First Shorers project. It mentions an 8000 dollar instruction item and 100 000 for an office building, with a 350 000 program for a municipal utility plant. Offenses pardoned in Seoul include 10 000 prisoners and removal from political blacklist.
The Detroit area faces widespread layoffs as Studebaker Packard and other major auto makers exit or merge. Record shows past 10 years saw Kaiser-Frazer Hudson Kaiser operations die, while AMC Kenosha and Milwaukee shifts impact workers. Officials note transfers to Chrysler and Ford, with many older and unskilled workers facing limited opportunities.
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