Electric utilities emerge as growth stocks gains in 1960s era
Electric utility shares gain recognition as growth stocks as sophisticated investors prize expanding demand and new tech. Gulf States Utilities and Boston Edison show rising earnings, aggressive management, and plans for major capital outlays in 1963 and beyond. Growth areas include Florida and Texas with strong industrial demand and power-selling contracts.
MENTIONED IN THIS ARTICLE
New York
Gulf States
Tennessee Valley Authority
Boston Fdison
Beig
American Electric Power
Oho
Idaho Power
Stock market snapshot with mixed gains and losses
Friday noon stock quotations show many major names with varied moves. notable changes include Alcoa, American Can, General Electric, Dow Chemical, Ford, Chrysler, IBM, Bethlehem Steel, US Steel, and others, with numerous prices and percentage shifts reflecting a broad market snapshot.
MENTIONED IN THIS ARTICLE
Air Press
Penn Power Light
Pennsylvania AR
Allegheny L St
Pepsi Cola
Allegheny Pow
Philips Pet
Allied Chemical
Pitts Plate Glass AM
Allis Chalmers
Pitts Steel
Alcoa
Procter & Gamble
Amer AirL Dyl_ Pullman
Amer
RCA
Republic Steel
Reynolds Metal
Amer “Motors
Reynolds Tobbaco
T&t
Richfield
Amer Tob
Screnley
Scose
Schering
Anaconda
Sears Roebuck
Armco Steel
Snear
Atchison
Socony Mob
Baldwin Lama
Ind
Bohn AB
Sid O NJ
Canada Dry
Canadian Pacific
Stew Warner
Studbaker
Chrysler
Swift
Coca Cola
Gennes
Colgate
Texaco
Collins Radio
Thomp
Col Gas
Tide
Comw Edison
Son
Utd Aire
Westing
Eastman
Ford
Woolworth
Gen Foods Ma
Youngstown ST
Gen Motors
Zenith
Cnrne
Grace WR
M Home
Great A&p
m_ Ltd
Greyhound
Ashld Ou
Gulf
Cng&e
Dia Alh
Dow
Toy Viz Oy
Kennecott
Paestor
H Koppers
PMC Cp
Mio Loy Glass
Lone Star Cm
Lorillard
Kresge
Mack Tricks
Lear Siegla
VIGM
L&n
Monsanto
Marathon
Mont Ward
Mar WD
Victorola
Olin Wath
Shell Ql
Owens C
Sohio0
Owen Ill Glass Son
Stauffer
Pan Amet Wold Air
Paramount Pic
Toledo
Parke Daws
Ae Penney JC
Vanaaium
Penn Nue
Va P & P
Penn G Sd
Whirlpool BS
Suit Filed For Injury In Traffic Collision
John Demyan Jr filed in Lorain County Common Pleas Court against Robert J Murphy and Mathew Zechman Inc seeking 125000 for injuries from a February 19 1962 traffic crash on Route 57 near Fuller Road involving Demyan car and defendants vehicle.
MENTIONED IN THIS ARTICLE
John Demyan Jr
Turner St
Lorain County Common Pleas Court
Robert J Murphy
Fair Ct
Mathew Zechman
Berlin Grange Meets Friday With Safety Program
Berlin Grange 315 will meet one week earlier on next Friday due to Ene County scheduling. The program focuses on safety with the theme Are You as Safe As You Know How to Be.
MENTIONED IN THIS ARTICLE
Berlin Heights
Berlin
Tax plan to curb dollar outflow shocks Wall Street
Washington reports under secretary Robert V Roosa unveils a 1 percent interest-equivalence tax on long term US borrowing and a 16 percent levy on foreign stock purchases. The plan aims to reduce foreign capital inflows, spur domestic investment banking, and pressure Europe to develop its own markets while sparing domestic offerings.
MENTIONED IN THIS ARTICLE
Canada
Tokyo
Europe
Japan
Kennedy
Siate Department
Valery Giscard
Estaing
Ludwig Erhard Frolosve
Wall St
Roosi
Roosa
Tileboard Cleaning Instructions
Clean tileboard with warm water and mild soap. Do not use harsh liquids or powders that dull the finish. A protective coating improves appearance and makes future cleaning easier.
Wall Street Market Sees Unsettled Trading Ahead
Wall Street firms forecast a technical rebound only if the pending strike situation is resolved by next weekend. Analysts warn the rally could be a limited correction with slower gains if uncertainties persist, while others expect continued unsettled conditions until a clearer domestic picture emerges for autumn business.
MENTIONED IN THIS ARTICLE
New York
UPI
G S Colby
Colby & Co
Japan Sees Bright Short Term Outlook Amid Growth
Japan’s economy shows renewed vigor after 1961–62 tightening. GNP rose around 4 percent last year while exports jumped over 15 percent led by iron and steel, chemicals, and machinery. Bank of Japan eased credit, allowing investment plans to rise, and fiscal 1963 purchases are now seen at about $10 billion with growth surpassing 7 percent this year. Strong savings, high education, and adaptable labor support structural shifts toward larger firms and liberalized trade.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Bank of Japan
Industres
Erie County Grange Picnic Set for Sunday
The Erie County Grange picnic will be held Sunday at the Berlin Township Conservation Club grounds starting at 12:30 AM EST. There will be games, contests, and entertainment, with all Erie County granges invited to the potluck affair.
MENTIONED IN THIS ARTICLE
Bpriin
Ene County Grange
Berlin Township Conseration Club
Erie County Granges
Investor borrows to invest in Armour stock
A reader confesses borrowing 2500 against his house to buy Armour shares at 00 and asks whether to switch. The adviser cautions against chasing quick profits, suggesting patient investing with surplus funds and highlights cyclical stocks as opportunities during economic recovery, noting the difficulty of acting during gloom.
MENTIONED IN THIS ARTICLE
LSA
LMW
Immiawt
Oceans Explore Riches Hidden in Ocean Floors
Washington reports reveal foreign and domestic ventures tapping the seafloor for minerals. Iron ore extraction near Japan exceeds thirty thousand tons monthly while claims dot the Norton Sound shores and diamond mining lies off Southwest Africa. The US Bureau of Commercial Fisheries tests electric field fishery methods as the aerospace industry flags oceanic frontiers and related pressurized vessels. The piece notes commercial and military potential shaping a new watery frontier.
MENTIONED IN THIS ARTICLE
Washington
UPT
South West Africa
Compan
Japan
Ward
Norton Sound
Alaska
US Bureau of Commercial Fisheries
Nets
Aerospace
Also Mentioned on This Page
By Ben Weberman
Ibms
Florida
Texas
Widdle South
Louisiana
P R Smith & Co
Elyria
Mid Weat Stock Exchange
Pierre R. Smith & Co
Elyria, Ohio
Ae Pape
Berlin Grange
News of the Financial World
Wall St.urelee
Ihick Roosa
New York Federal Reserve Bank
Federal Reserve System
Royoley
Mirker
Pick
Cnoose
McDonald & Company
New York Stock Exchange
Midwest Stock Exchange
American Stock Exchange
James M. Haas
Lorain County Bank
Telephone
Farrfax
Wall Street
United Business Service
Lawrence Bleiberg
Bache & Strip
Ituc
International Statitical Bureau
Investors Research Co
Alexander Hamilton Institute
James Dines
Wilam R White
Hornbower & Weeks
HTNS
Financial Times News Service
Erie County Grange
Fulton Reid & Co Inc
Carl F Rassert
Columbia Ave
Investment Securites
Roger
Oreamcoceano
Aphic Hydro Spice
Lorain
7Th St. Lorain
Ohio
Western Reserve Inc
Cleveland Ave
Amherst
Lake Road
Avon Lake
Herrick Ave
West Wallington, Ohio
Broad Street
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