Financial standing shapes consumer attitude says study
The University of Michigan Survey Research Center finds richer adults see better business conditions and plan more purchases. Among 1,350 adults asked in December, 51 percent of those earning $7,500+ felt conditions were better off, while 72 percent expect good national business conditions in 1963. The report links incomes to optimism and suggests tax cuts could boost durable goods spending, though warns on the budget deficit.
MENTIONED IN THIS ARTICLE
Ben Weberman
Herald Tribune
Survey Research Center
University of Michigan
Furst
Michigan
Fiber maker touts guaranteed garments campaign success
The fiber producer reports a fall season launch offering a one-year guarantee on garments made with its Acrilan fiber. Since the program began, 298 returns have been logged, split between slacks and sport shirts, with defects and wear conditions cited as reasons. The initiative spans about 8,000 department stores and 3,500 specialty shops, signaling a strong market response.
MENTIONED IN THIS ARTICLE
New York
UPD
Con Meker
Chemstrand
Monsanlot
Air jets lift heavy loads with floor air system
Clark Equipment Co. of Buchanan Michigan showcased a floor air film system to move heavy loads up to 10,000 pounds. Boxes and fixtures could be floated on air beneath modular pallets four by eight feet, driven by an underground manifold and central compressor. The innovation aims to reduce labor, eliminate vibrations and sparks, and suit warehouses factories and stores.
MENTIONED IN THIS ARTICLE
Federal District Court
Los Bars
G.m.angeles
Mar- G.M
Chevrolet
Thement of Justice
Sheks
Mm One Pas War
Udusty
Clark Equipment Co
Buchanan Mich
Aures
Dallas
Wermeget
Teream
Clark
Industrial Truck Division
Benson B. Sloan Jr
Harris
Pierre PR
Smith Co
Upham & Co
Thurs
Jamesjload
Kusse
Fairview Park
Coss
British trawlers urge 12 mile limit protection
British inshore fishermen say Soviet trawlers raid Britain's grounds and threaten livelihoods. Six trawler owners meet Minister Soames to push legislation extending territorial waters from 3 to 12 miles, citing clashes and gear damage off the southwest coast.
MENTIONED IN THIS ARTICLE
London
Jae
Britain
Goverment
Agriculture and Fisheries
Christopher Soames
Trawler Association
Ernc Passmore
Ove
English Channel
Celand
Russia
Norway
Fast footwork key to profits
Babson Park Massachusetts based Spear & Staff Inc investment advisers forecast a tougher market for 1963 with profits tied to precise timing. Dow expected 570 to 750 range with 324 earnings for Industrials. They warn against relying on Washington for benefits and name 14 growth targets across aerospace airlines auto parts chemicals construction machinery drugs electric utilities electronics oils rails and transport.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
Spear & Staff
Inc
Roger E. Spear
Spear
Dow
Washington
Bristol Myers
Hercules Powder
Litton Phaer
RCA
Tex
Vermilion man arrested after disturbance at Fier's Spaghetti House
Police arrest a 65 year old Vermilion man Donald W. Davis after a disturbance at Fier's Spaghetti House in Vermilion on Thursday night. Davis refused to leave the establishment and was involved in a scuffle with officers. He was treated at Lorain St. Joseph Hospital and released.
MENTIONED IN THIS ARTICLE
Vermilion
Fier
Spaghetti House
Vermilion-on- the-Lake
Donald W. Davis
Delamere
Tavis
Lorain St. Joseph Hospital
Oberlin senior chased near Metcalfe House campus
Oberlin police report a college senior living at Metcalfe House on Forest Street was chased Thursday around 6 p.m. A white male in a black zippered jacket and shark trousers pursued her. she fled toward home from campus. This was the second such incident in a week, police said.
MENTIONED IN THIS ARTICLE
Oberlin
Oberlin College
Metcalfe
Forest St
Fulton, Reid & Co., Inc
Elyria firm hires former Farm Bureau securities rep
A Columbus native with five years as securities representative for the Farm Bureau Association in Lorain, Midland and Cuyahoga Counties joins an Elyria firm. He previously worked at land title offices in Cleveland and Elyria, studied at Ohio State, served 3.5 years in the Navy, and is married to Virginia Knowles with two children.
MENTIONED IN THIS ARTICLE
Elyria
Farm Bureau Associa| Columbus
Lorain
Midland
Cuyahoga
Farm Bureau Association
Cleveland
Olmsted Falls
Kusse
John Marshall Law School
Ohio State University
Navy
Virginia Knowles
North Olmsted
Horizon's space study group at Western Reserve High
A 16 member seminar from Horizon's group at Western Reserve High School undertook a space study program. They completed two planetarium trips, visited the NASA Space Fair, and viewed light refraction and germicidal uses at General Electric Lighting Institute. The group meets weekly and will discuss relativity after independent research. Future plans include a Baldwin Wallace College astronomy department visit.
MENTIONED IN THIS ARTICLE
Wakeman
Horizon
Western Reserve High School
General ‘Electric Lighting Institute
Baldwinn Wallace College
Foxy hunters outfoxed in Lorain bounty scramble
Lorain County commissioners approved a 500 bounty fund for foxes at 8 percent per fox. By Monday the entire 1963 appropriation vanished four days after approval. The largest payment so far was 72 pounds for 20 red Sox and four fregs. With 548 left, a hunter arrived with over 100 dollars in fox paws only to be beaten to the cash drawer by others.
MENTIONED IN THIS ARTICLE
Lorain
Red Sox
Parker Miller
Market headlines from Anne Baker and Co and Wilson & Co
Anne Baker and Co report latent strength in the stock market and recommend a selection of equities amid cautious sentiment. Eldon A Geni of Wilson & Co notes many investors remain downbeat but earnings outlook for 1963 is seen improving after 1962 tax selling.
MENTIONED IN THIS ARTICLE
Anne Baker & Co
Eldon A Geni
Wilson & Co
Investing in yourself as a breadwinner machine
Speaking to readers about self investment, the article urges workers to fund personal growth like savings, professional training, and upgraded skills. It compares the self to capital equipment, noting small yearly investments yield long term returns and urging a weekly self investment budget.
MENTIONED IN THIS ARTICLE
Repai
Amherst
American Legion Mets
William Slack
Irene Leib
Stanley
Fellowship Decides on Two Mission Projects
Mrs Lewis Burford hosted the Women's Fellowship of the Congregational Church. They announced 60 pounds of clothing donated on World Community Day, ten cotton starts for Loram County Detention Home, six sewing bags for a mission project, and a recent successful bargain sale. They chose to support Sunday school material for North Dakota Indians and medicine for a mission in India, renewing their church pledge. Officers were elected: President Mrs Wilbur Berry, Vice President Mrs Warner Fluckinger, Secretary Mrs Richard Earnhardt, and Treasurer Mrs Leonard Craig. The annual Fellowship Day will be at St Johns United Church of Christ, with another clothing drive at United Church Women on May 25.
MENTIONED IN THIS ARTICLE
South Amherst
Lewis Burford
The
Congregational Church
Loram County
North’ Dakota
India
Wilbur Berry
Warner,Fluckinger
Richard Earnhardt
Leonard Craig
St. Johns
Also Mentioned on This Page
General Motors
Detroit
Ford Motor Co
United States
Falcon
Comet
Ford
Chrysler Corp
Agres
Jesse Boguh
UPL Financial Editor
American Motors
Price
Daket
Framinawer Emiinment
the Chronicle- Telegram
Financial World
Itor
Wall Street
Woesai
HTNS
Financial Times News Service
Western Reserve Inc
Ohio
Cleveland Ave
Lake Road
Avon Lake
Herrick Ave
West
Wellington
Broad Street
Central
Randmeon
the CenTrAl Bank CO
Lorain County
Wlydows
Complete Investment Service
Carl F. Russert
Midwest Stock Exchange
Columbia Ave
Elyvia
Investment Securities
James Russe
Pierre R. Smith & Company
Elyria Savings and Trust Building
Fairfax
Russell S. Minger
Lorain County Savings & Trust Co
Goor
Rihivl
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