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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Aug 17, 1964
Page
4
Today's stock prices summary describes Alcoholics Anonymous as a fellowship aiding sobriety. It defines membership as an honest desire to stop drinking and notes AA has no dues or sectarian ties. It emphasizes its nonadvocacy stance and primary purpose of sobriety and helping others. Boa 592 Fis ra Ohio.
The Cleveland Electric Illuminating Co reports second quarter earnings of 48 cents per share, up from 44 cents a year earlier. Chairman Elmer L Lindseth and President Ralph M Besse cite stronger activity in Cleveland Northeast Ohio and nationwide. For the year ending June 30, 1964, earnings were $1.88 per share on 13,872,000 shares, compared with $1.77 on fewer shares.
Joseph M Katz of Papercraft Corp discusses a 12 month production cycle aimed at a consumer market that peaks from mid November to late December. He notes Europe’s rising demand and plans to expand with Paper craft International SA based in Belgium and a new plant near Brussels. He cites US wrapping and card sales reaching about 220 million dollars and says European buyers are increasingly purchasing early for the holidays.
A dense listing from the US Department of Agriculture detailing nearby terminal market produce with prices and conditions. Items include apples from Simons and Red Bird with price bands, beans, beets, cranberries, cabbage, cantaloupe, carrots, celery, Chinese cabbage, corn, cucumbers, eggplant, endive, escarole, greens, green onions, lettuce, mushrooms, parsley, peppers, potatoes, radishes, spinach, squash, tomatoes, turnips, watermelons, and watercress with varied lots, bag sizes, and quality notes across Ohio markets.
In New York the opening session showed mixed results with El Paso Natural Gas up 4 percent to 21.44, Reynolds Tobacco rising about 1 percent to 43, and Columbia Broadcasting advancing to 4.4. Texas Gulf Sulphur gained about 4 percent to 53, while other names like Sperry-Rand and General Dynamics moved modestly. Chrysler fell, Ford rose, and US Steel inched up as markets absorbed early moves amid a broad, moderate drift. Italian conductor Italo Podesta, 78, longtime associate of Enrico Caruso, died in Parma after a period of illness.
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