Mobile homes boom as larger units redefine housing
The rise of movable dwellings expands beyond trailers to 68 foot three bed units. Mobile homes now account for about 12 percent of housing starts with sales near 1 billion dollars this year. Major makers include Divco-Wayne Redman Industries Skyline Homes and Guerdon, with shifts toward mergers and larger factory output. Park options vary from rural sites at 29 dollars monthly to urban parks at around 73 dollars, expanding the moveable home market nationwide.
MENTIONED IN THIS ARTICLE
New York
Midwest
California
Florida
Indiana
Oma
Ilinois
Michigan
Detroiter
Redman Instudtries
Divco-Wayne
Skyline Homes
Guerdon Industries
Newton Glebel
Diveo Wayne
U.S
Canadian
Diveo-Wayne
Giekel
Diveo- Wayne
Glebel
American Coach Cy
Guerdon
Vagabond
Diven-Wayne
Divco
Laeras
Age of Leisure Seen Near in Business Studies
New York reports two major studies hint at a shift toward more leisure. Chase Manhattan finds workers gained 19 extra days since World War II while the NICB notes eight holidays per year as standard, plus evolving floating holidays and selective days like Good Friday and Christmas Eve.
MENTIONED IN THIS ARTICLE
New York
HTNL
Chase Manhattan Bank
National Industrial Conference Board
NICB
Washington
Aluminium
George Bernard Shaw
Market strength shown despite Southeast Asia news
The market’s strength was demonstrated this week with only modest selling on frightful Southeast Asia news. Investors favor home furnishings and consumer companies with Geneseo near 40 a share as a top performer alongside Eastman Kodak, Korvette, Arlan’s and Kings stores. Auto stocks rise while steel shares attract cautious optimism.
MENTIONED IN THIS ARTICLE
New York
HTNS
South East Asia
Geneseo
Bonwit Teller
I. Miller
Roger Kent
Kress
Eastman Kodak
Korvette
Arlan's
Kings Department Stores
Japan Looms Large in Sewing Machine Exports
Japan dominates the sewing machine industry with 70 manufacturers. The nation produces about 3.3 million units annually, exporting roughly 1.8 million units.
MENTIONED IN THIS ARTICLE
Japan Machines
Tokyo
Japan
Help for exporters from government banks and farmers
Washington and banks offer aid to exporters and farmers seeking foreign markets. Eximbank provides 15 to 20 year loans and insured credit through FCIA for foreign deals. first quarter loans/guarantees reach 372 million dollars. Farmers may finance exports via the Commodity Credit Corp with up to 36 months credit and non recourse options. CCC sold 118 million dollars in credit sales last fiscal year.
MENTIONED IN THIS ARTICLE
George F. W. Telfer
New York
HTNS
Washington
Foreign Credit Insurance Association
Eximbank
FCIA
Commodity Credit Corp
Department of Agriculture
Healthy earnings trend boosts stimulus for economy
New York reports show profits rising in early 1964 with second quarter gains from 1963 and a higher share of firms posting improved profits. Tax law changes and investment credits boost current income and support continued productivity gains across auto and supplier sectors.
Also Mentioned on This Page
Mobile Homes Manufacturers Association
Detroiter Mobile Homes, Inc
Melvin J Hutchinson
Detroiter Mobile
Daytons&l Fe
Dayton PésLore
Fed-Mart Corp
Assn
Fesira Inc
Grolter Inc
Handmacher Voge
Land
Mab Spermskts
Nashug Corp
Pens Controls
Greene Co
Fea Dal
Parker
PVM
City Bank
Federal Deposit Insurance Corporation
Oakwood Center
Pearl Road
Loraine
Grove Sienne
Morrowond
Lorain
Indus. i
Ndustrials
Standard & Poor
Ben Weberman
First National City Bank of New York
Pierre R. Smith & CO
Elyria
SKY High
Eam Ava
Central Bank
Lorain County
The
Elyria Savings and Trust Company
Elyria Savings’& Trust
Sonmpi Bank
Federal Deposit Insurance Corp
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