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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 11, 1963
Page
11
A 25 year old son invested 250 in a vacation venture and later 128 on a Montgomery Ward purchase. He sold the item at a loss and plans to buy Dr Pepper stock hoping to recoup funds for his college tuition in two years. The note mentions AT and New York Stocks with uncertainty.
The letter discusses buying AT&T at 105 and selling at 115, noting three round trips with a $3,200 profit from a $21,000 stake. It covers dividend dates, market drops, and asks readers for pitfalls, while referencing Dr Pepper and Montgomery Ward as growth signals and cautioning against rapid trading.
Washington reports Thor ballistic missiles with 1300 mile range are being returned from Britain to the United States and converted into boosters for space vehicles. Three missiles have already been sent to Douglas Aircraft Co. in Tulsa for modification under the Anglo American agreement.
Santa Monica AP Violinist Jascha Heifetz claims his estranged wife broke into his home and posted a Do Not Disturb sign after a separate maintenance suit seeking 3730 monthly alimony and child support. Heifetz offered 1213 monthly. a judge granted his wife 41600 monthly, and refused his request for a restraining order.
Fort Worth firms win contracts for Carling Brewing Co new plant valued at 10 million dollars. General contract awarded to Thos. Byrne Co and electrical work to Shells Electric Co. Construction to begin soon with spring completion aimed for.
In Greensboro North Carolina UPI reports the first Black person in modern times to hold a federal post was killed while serving as a cassistant USS in the Varney area for the middle district of North Carolina. Frye refutes, noting the office represents all people and aims to ensure respect for laws.
New York stocks opened with fractional gains and losses across major groups. Dealers reported vigorous activity amid cautious optimism as Pacific, IBM, and United States Steel showed varied moves. A dolphin study cited by researchers touched on air-gasp relief behaviors in underwater life.
The 150 year old Cape style farmhouse once inhabited by poet Robert Frost along with other buildings and 150 acres in South Strafford Vermont are on the market. William Prescott Frost is selling the property for 27400 dollars from Eugene. Reports say admirers hope to persuade Interior Secretary Udall to preserve the house as a national shrine.
San Antonio reports a continued spike in poultry thefts from Reneau Bros. Producer Co. A manager says two cases of frozen fryers worth 493 were taken from a truck Friday morning. He notes prior losses before Thanksgiving and Christmas, including two earlier cases.
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