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The Chronicle Telegram in Elyria, Ohio

28 Aug 1964

Page 11

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The Chronicle Telegram August 28, 1964 Page 11 old newspaper archives

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Aug 28, 1964

Page

11

New York stock market opens firmer amid mixed gains

Stocks start moderate trading with gains across many issues. Eversharp up to 20, Texas Gulf Sulphur 53, General Dynamics 33, IBM 43.2, U S Steel 58, Xerox 102, Union Carbide 1 1/7, Corning Glass 2.12, Motorola 0.84, Sears 119.5, Chrysler 57, GM 95.34, NY Central 41, Penn Railroad 33.5.

MENTIONED IN THIS ARTICLE

NEW York UPI Eversharp General Dynamics Douglas Aircraft United Aircraft North American Aviation Pennsylvania Railroad New York Central Railroad U S Rubber Sears: Roebuck Chrysler General Motors Youngstown Sheet Republic Steel U S Steel Armco IBM Control Motorola Sutton Union Carbide Allied Chemical U . Smelting Corning Glass Kennecott ACF _ Industries Air Products Kroger Alco Allegheny L Steel Allegheny Power Lorillard Mack Trucka Aills Chalmers Monsanto Alcoa Montgomery Ward American Motorola National Biscuit American Optical Norfolk & Western American Tobacco North America Armco Steel Owens CF Armour Owen Illinois Atchison Paramount Pie Parke Davis Bendix Penney Bethlehem Steelan Penn Canadian Pacific Pepsi Cola Phillipa P Pittsburgh Chesapeake & Ohio Pittsburgh Steel Procter Gamble City Columbia Gas RCA Elsa Reading Steel Republic Continental Reynolds Met Copperweld Steel Reynolds Tobacco Curtiss Thompson Goodyear Tire & Rub Grace Timken Trans Greyhound United Airc Ing Rand United Air L Int Harvester United Fruit Nickel United States Rubber United States United States Steel Warner Bro Jones & Laughiins Va P&p Western Union Westing Air Westing Woolworth Xerox Youngstown Gulf Oil Kresge Lear Siegler Marathon National Gypsum Northwest Airlines Ohio Edison Praudler Permutit Scott Rag Searle Shell Off D) Co Texas Company BI Toledo Edison Union Pacific
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Toledo Cash Grain Prices Reported by UPI

Cash grain prices listed by UPI in Toledo show New York Wheat No 2 soft red at 142, No 2 soft white 143, Corn No 2 yellow 127, Oats No 2 white 69, Soy beans No 1 yellow 258, with a 55 cent rate for cash grain.

MENTIONED IN THIS ARTICLE

Toledo UPI New York
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Pfaudler Permutit declares 3 for 2 stock split and dividend rise

Pfaudler Permutit Inc shareholders approved a 3 for 2 stock split and a 12.5 percent increase in the annual cash dividend. The action raises outstanding shares by 619 545 to 1 858 635, with certificates to be mailed Oct 1. The firm cites earnings growth and division performance for the dividend boost. The Elyria plant on Taylor Street employs about 300, with operations in Rochester NY and across Germany, England, Canada, Japan and Mexico. The stock, traded on the New York Stock Exchange, closed at 39 1/2 yesterday, up 2 1/2 points.

MENTIONED IN THIS ARTICLE

Pfaudler Permutit Inc Pfaudler Ber Features Corp Mercer Brugler Pfaudler Permutit Board Donald A Gaudion Tthe Company Elyria Taylor St Rochester Germany England Canada Japan Mexico Pfaudler Permutit New York Stock Exchange
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Cleveland Stocks Mixed As Markets End Slightly Lower

Cleveland reports show a mixed stock list with AmBank Strat, AmHome Pross, Ametek, Anaconda, and Angelica Uniform among active issues. Traders focus on price movements for Hogs, Interlake Iron, Mack Trucks, Martin Marietta, and Teletype ads as markets close with modest declines.

MENTIONED IN THIS ARTICLE

Ametek Inc Anaconda Co Angelica Uniform Arvin Industries Babcock & Wilcox Basic Inc Asic Inc Ceco Che Beny Chembeny Cleveland UPI Bruh Lea River Mills Dynamic Co Am Pal Sage Greyhound Hat Corp Am Interlake Martin Marietta Martin M McCrory Corp Prime Natives Pac Cem&Agg Peps! Cols Co ScottacFetzer Steady Scott & Feczer Choice Shell Cammien Tissa Hollywood Christian Mar Ind Quand Weyenberg Jim Columbia Pictures City Invest Spe Greyhound Co Chile Copper Dayton Malb Iron iAtlas Corp Cank Cigar LDL NY Trap Rock Purex Corp Republic Avia
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Investor counsel weighs risk from lonely holdings

A reader asks if they should sell Fruehauf when it appears volatile. The advisor recommends selling Fruehauf and buying Pacific Gas and Electric for similar price and security, citing peace of mind over yield.

MENTIONED IN THIS ARTICLE

Freuhauf Corp Fruehauf Pacfic Gas & Electric Gairs Southwest Gas General Electric Ford Motor, Hoovier Company R Bard Kentucky Utilities Ford Motor Hoover
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Cleveland banks pledge no loan bias in housing loans

Eight Cleveland commercial banks joined a pledge of racial non discrimination on mortgage loans for homes to Negroes. The Inter-Racial Committee announced the accord led by chairman John W Reavis who called it an unprecedented city effort. Banks agree to approve residential loans to any credit worthy customer regardless of color race or religion if employment stability honesty credit history home ownership or purchase plans meet loan value criteria.

MENTIONED IN THIS ARTICLE

Cleveland UPI Inter-Racial Committee John W Reavis Reavis
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Also Mentioned on This Page

Toledo Cash Grain The Lorain County Bank Amherst Oberlin Lorain County Middle Ave E. Broad St Cleveland Ave Church &J South Main St Taylor Cleveland Livestock Tex Pacco U.S Ohio Columbus Ohios Treasrer John D. Herbert Herbert Igakd Igok Indus UTIL Industrials Standard & Poor Roger E. Spear Chronicle-Telegram Bek Arnold Fenevy I Nora Man With Feorvair Chevrolet America Prout Chevyland
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