Dow Jones poised for record as analysts predict 800 level
Ashley Thorndike of Harris Upham & Co notes indicators to watch after a breakout, including odd-lot buy signals and stock outperformance ratios. Edward Underwood of Ira Haupt & Co. forecasts Dow Jones around 800 this year or next. Spear & Staff see a likely move beyond 734.91 within two to three weeks.
MENTIONED IN THIS ARTICLE
New York
UPI
Ashley Thorndike
Harris, Upham & Co
Exchange
Edward F. Underwood
Ira Haupt & Co
Spear & Staff
Dow
Livestock Prices Report From Chicago Market Trade
Daily market bulletin shows hogs 5 500 head with butchers 15.50 to 15.60 per hundredweight and higher for some loads. Cattle activity quiet to steady with slaughter steers around 24.25 for 1 150 to 1 300 pounds and varied prime to good meat weights. Sheep offerings light with spring slaughter lambs around 24.00 and ewes around 8.50 to 6.00 for pelts mixed market cues.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Farmers Market Prices and Cotton Futures Report
New Orleans farmers market notes liberal supplies of potatoes sweet potatoes and squash with prices mostly steady. Cotton futures were inactive with small price moves around the day’s trading, showing minor gains and losses through morning quotes.
MENTIONED IN THIS ARTICLE
New Orleans
UPI
USDA
Stocks mixed as GM hits peak and rails gain on merger talks
New York stocks rise modestly with General Motors advancing to a new high amid favorable dividend news. Rail firms gain on merger chatter while nonferrous metals and several sectors show uneven moves as the AP average climbs to 270.4 at noon. Dow up 2.43 to 714.98 with bonds steady and mixed. Produce prices listed for Chicago markets show modest movements in poultry, cheese, butter, and eggs.
MENTIONED IN THIS ARTICLE
General Motors
Kennecott
U.S
Associated Press
Rock Island
Union Pacific
American Photocopy
Xerox
Reynolds Metals
Aluminium Ltd
Union Carbide
Dow Jones
American Stock Exchange
Chicago
UPI
New York Federal Reserve
Markets at a Glance United Press Int News
United Press International reports stocks higher in active trading with American and Midwest shares showing gains while bonds are irregular. Cotton futures fall and Chicago grains market shows mixed results in quiet trading sessions.
MENTIONED IN THIS ARTICLE
United Press International
U.S
American
Midwest
Chicago
Dow Jones Averages Mixed Gains on Industrial and Rail Shares
Dow Jones stock averages show a 3 percent rise in the industrials to 717.07 with a 4.52 point increase, rails up 0.69 to 163.51, utilities down 0.17 to 138.82, and 65 stocks up 1.07 to 253.68 by 2 p.m. Volume reached 3,720,000.
MENTIONED IN THIS ARTICLE
United Press International
Fire Districts Parish Solution Proposed to Save Fire Coverage
Juror L A Fourmy told Ouachita Parish Police Jury state officials said creating fire districts is the only way to provide protection outside city limits. Parish residents face loss of parish wide protection January 1, 1964. Ward officials note work and regional cooperation needed with West Monroe and Monroe fire departments and chamber resources.
MENTIONED IN THIS ARTICLE
L. A. Fourmy
Ward 10
Fourmy
Ouachita Parish
Ward 5
Leslie Hamm
Ward 2
Leland Carpenter
Ward 3
M. W. Montgomery
L. B. Pettit
Parish
Monroe
H. L. Hales
West Monroe
Hamm
GOP sweeps away 20 years of Democratic rule
In High Point North Carolina Republicans won a sweeping victory capturing the mayoral seat with Floyd D Mehanda defeating incumbent Carson Stout by 524 votes. The party also ousted five Democratic councilmen in a high turnout election that followed a similar GOP sweep of state legislative and county offices last fall.
MENTIONED IN THIS ARTICLE
High Point
N.C
North Carolina
Floyd D. Mehan
Carson Stout
Bankers Caution Against Reading Boom From Spring Signs
Bankers warn against overreading a spring uptick in business and consumer plans noting that actual spending has not yet materialized. Fed New York review cites limited evidence of a durable boom despite surveys of planned spending and rising government and consumer outlays.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank of New York
Department of Commerce and Securities and Exchange Commission
Return Address Urged By Postmaster
West Monroe Postmaster Homer B. Roark urged senders to include a return address on envelopes to curb non existent names and undeliverable mail. He explained misaddressed letters often end in the dead letter office. Emily Post supports return addresses on all correspondence.
MENTIONED IN THIS ARTICLE
Homer B. Roark
West Monroe
Roark
Emily Post
Post Office Department
Damaged Ship Arrives With 12 Survivors
A British freighter brought 12 survivors from the Dutch vessel Pinta sunk after a collision with the City of Perth off Shark River New Jersey. The Pinta sank in 66 feet of water five miles offshore. only the Dutch master Capt Alie Korpelshoek came ashore.
MENTIONED IN THIS ARTICLE
Hoboken
N.J
New Jersey
City of Perth
Shark River
Asbury Park
Bethlehem
Alie Korpelshoek
Katwijk
Holland
Duke of Argyll Granted Divorce
A Edinburgh court granted the Duke of Argyll a divorce after a judge described the duchess as a highly sexed woman who had ceased to be satisfied with normal relations. The duchess was found to have committed adultery with four men including Sigismund von Braun and John Cohane. The duke was present for verdict reading. the duchess vacationed in France.
MENTIONED IN THIS ARTICLE
Edinburgh
Scotland
Duke of Argyll
Lord Wheatley
Sigismund von Braun
U.S
Wernher von Braun
John Cohane
Harvey Combe
London
Savoy Hotel
Sweeny
Cole Porter
France
Woman Tries Not Eating Diet It Works
Elaine Johnson 39 of Culver City joined 12 participants in obesity research at Wadsworth VA hospital living on water and vitamins. Since Jan 28 she has fasted 101 days and shed 115 pounds from 315. She works at the hospital serving meals to other patients.
MENTIONED IN THIS ARTICLE
Los Angeles
Elaine Johnson
Johnson
Culver City
Wadsworth Veterans Administration Hospital
Rappelet Defends Use Of Policeman As Chauffeur
Louisiana state senator A C Rappelet defended having a police lieutenant drive his car saying it could prevent harm during an highway attack. He noted troopers were his chauffeurs when needed due to health and that this practice has become rarer over the years with public safety officials commenting on its decline.
MENTIONED IN THIS ARTICLE
Baton Rouge
Sen
A. C. Rappelet
Galliano
Rappelet
Stanley Bernard
Tom Burbank Burbank
Also Mentioned on This Page
Wall Street
T&t
Atchison
Penney JC
Phillips Procter & Gamble
Reyn Tob
Safeway
Sears
Shell
Sinclair
Skelly
Socony Mobil
Sperry Rand
Sid Oil NJ
Sunray
Swift
Texaco
Texas Gulf Pd
UN Carbide
United Gas Co
Woolworth
DOW- Jones
GOP
Sam Dawson
AP Business News
Korpelshoek
Maria Wollenswinkel-Huiveniers
Utrecht
Perth
Asraf Ali
Sitagon
Pakistan
Newport News
West Indies
Quickies
Ken Reynolds
News-Star — World
Mandrake
Bauer
Betty
Archie
Lil’ Abner
Herman
Orphan Annie
Primrose
Beetle Bailey
Martini
John Smith
Mary Worth
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