Premiums in short selling and stock borrowing explained
The article explains who benefits from premiums when short selling stock and how brokers may handle premiums. It notes premiums were common in the past but have declined as shares available to loan increase. It also covers authorization needed to loan customer stock and why buying via a broker is standard.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Stock Exchange
Doyle
Scottsdale Daily Progress
Wall Street Views Signal Cautious Optimism in Earnings
G M Loeb of E F Hutton & Co says market psychology and buying patterns drive prices up with no definite valuations. Equity Research Associates praises life insurance growth, noting insurance in force has quadroupled since WWII and premiums rose from 8 to over 25 billion. Bache & Co foresees continued active, steady near term markets amid Q1 earnings.
MENTIONED IN THIS ARTICLE
New York
UPI
G. M. Loeb
E. F. Hutton & Co
Loeb
Equity Research Associates
Bache & Co
New Outdoor Gadgets Debut For Sportsmen And Campers
UPI reports eight new outdoor tools including a 242 pound multi tool with hatchet spade hammer saw chisel nail puller bottle opener and screwdriver. Also unveiled are a 58 pound portable electric winch a compact infrared heater the Camp Champ and the Bug N Bass water lure from Buckeye Bait.
MENTIONED IN THIS ARTICLE
Larchmont
N. Y
Portable fluorescent lamp powers 15 hours from flashlight batteries
A seven pound portable light with an 18 inch plastic case provides light equivalent to a 50 watt bulb for 15 hours using ordinary flashlight batteries. International Telephone & Telegraph promotes the device.
MENTIONED IN THIS ARTICLE
International Telephone & Telegraph
Portable outdoor heater promises indoor comfort outdoors
A new portable device aims to transfer indoor comfort outdoors, offering adjustable heat and compact design for patios and decks. Its compact form and safety features appeal to homeowners seeking extended outdoor living.
April 29 1963 Monday in the newspaper page note
A readable line shows Monday April 29 1963 as a date reference. The fragment lacks additional names or events to confirm a full item.
UN Official Charles Yost to Speak in Two Local Talks
Ambassador Charles W. Yost deputy U S representative to the United Nations will speak on the United States and the United Nations at 6 30 p m Friday at Newtons Prime Rib and at a public meeting after dinner at Kendall Hall He will discuss How to Meet the Communist Challenge The dinner costs 350 and new officers for the Mesa Scottsdale Tempe American Association for the United Nations will be elected at the din ner meeting.
MENTIONED IN THIS ARTICLE
Charles W. Yost
U.S
U. N
Yost
Security Council
United States
United Nations
Newton
Prime Rib
aVn Burea
Ninth Street
Eindall Hall
N. Central Avenue
Don Burns Joins Holding Firm as Advertising Chief
Don Burns named advertising and sales promotion manager of National Securities Inc an Arizona holding company He will support affiliated institutions including National Life and Casualty Southwest Savings Associated Mortgage and Investment and Tucson Title Insurance After 32 years as president of Don Burns Advertising his agency will close April 30 with annual billing over 400000 Burns moved to Phoenix in 1959 and built a client list in merchandising industrial and financial sectors.
MENTIONED IN THIS ARTICLE
Don Burns
National Securities, Inc
National Life and Casualty Insurance Co
Southwest Savings, Associated Mortgage and Investment Co
Tucson Title Insurance
N. Central
Burns
Phoenix
Lecture by John H. Rouselot on disarmament set
John H. Rouselot former California congressman and district governor of the John Birch Society for six western states will lecture on dis armament in the Thunderbird Room at the Westward Ho at 8 p.m. Monday May 6.
MENTIONED IN THIS ARTICLE
John H. Rouselot
California
John Birch Society
Westward Ho
Books Sale Raises About $900 for Scottsdale Library
The annual Friends of the Scottsdale Public Library sale netted about $900 over a two day event on the banks patio at Scottsdale and Indian School Roads. Between 5000 and 6000 books were sold and several titles were reserved for library shelves. Proceeds will fund new purchases for the Second Street library.
MENTIONED IN THIS ARTICLE
Friends of the Scottsdale Public Library
Valley National Bank
Scottsdale
Indian School Roads
Friends
Second Street
Colonial Pancake House Opens on East McDowell Road
The Colonial Pancake House at 8718 E McDowell Road opens Wednesday after about 185000 spent building a 190 seat café. John Cordalis along with brothers Ken and James run Colonial Enterprises Inc. with fresh ingredients and no mixes. Operations start daily at 6 a.m near the Motorola plant.
MENTIONED IN THIS ARTICLE
Colonial
E. McDowell Road
John Cordalis
Ken
James
Colonial Enterprises Inc
Cordalis
Motorola
East McDowell Road
Photogs State Meeting Opens in Scottsdale
The Arizona Professional Photographers Association starts a three day convention at the Executive House in Scottsdale. The event includes addresses and judging of about 200 prints by APPA members with several nationally known photographers participating.
MENTIONED IN THIS ARTICLE
Scottsdale
UPI
Arizona Professional Photographers Association
APPA
Thieves Market Set This Week on Fifth Avenue
The seventh annual Thieves Market on Fifth Avenue in Scotts dale runs Thursday through Saturday. Merchants display bargains under colorful canopies on gaily decorated tables, some outside stores and others in a charming patio area.
MENTIONED IN THIS ARTICLE
Fifth Avenue
Scottsdale
Construction Begins on Royal Gardens Scottsdale Condominiums
Malouf Enterprises starts Royal Gardens Scottsdale on five acres between the Safari Hotel and Executive House Arizonian. Forty four condo units will be built with a master pool and other pools planned. An $850000 permit was issued this month.
MENTIONED IN THIS ARTICLE
Royal Gardens
Scottsdale Apartments
Malouf Enterprises of
Scottsdale
Scottsdale Road
Safari Hotel
Arizonian
Malouf
Valley National Bank
74Th Street
McDowell Road
Scottsdale Medical Center
Stetson Drive
Wells Fargo Avenue
Wasielewski Construction Company
Also Mentioned on This Page
William A. Doyle
Richard R. Lewis
Butler Homes Inc
Lewis
Villa Monterey Casita Colony
Villa Monterey Country Club
Casa Blanca Estates
Wall Street Charter
Aiborne Sales, Inc
Culver City
Calif
Hupp Corporation
Council Grove
Kan
Lyman Metal Products
South Norwalk
Conn
Diamond F. Sales
Akron
Ohio
Valley Plaza
Valley Bank
William Cartmell
Wendell E. Rossman
VNB
The
National Securities Group
Agency
Dale Rector
Gay Taylor Realty Co., Inc
Rector
Pueblo
Colorado
Scottsdale-M.dowell Road
Timberlam Construction Company
Temper
Papago Bowl
Arizona
K. D. Fry
Fry
Fry’s Food Stores Inc
Utah
West
Camelback Road
Lenart
Coldwell Banker and Company
Financial Corporation of Arizona
David H. Murdock
General Electric
Thomas Rd
Scottsdale Rd
Starking
Minute Maid
P.m
Frontier Town
Thomas
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