Seaboard Uses Big Planes to Cut Costs for Small Carriers
Seaboard World Airlines buys large freighters like the CL-44 to slash rates and lease capacity to rivals at cost. The plan aims to help smaller carriers compete with big lines by sharing the efficiency of high payloads and speed, while risking reduced profits if planes sit idle.
MENTIONED IN THIS ARTICLE
David Hoffman
CarEy
New York
Htns
Seaboard
Seaboard World Airlines
Siligo
Imyline
Ési
North Atlantic
Dollar Recovers Global Eminence Amid Investment Shifts
The U S dollar regains a worldwide role as investors expect a shift toward dollar inflows and Europe moves to protect currencies. Analysts cite improving U S payments balance and rising U S stock appeal, with potential eurodollar deposits tightening. The Cold War easing and change in British politics may support dollar liquidity, while cross border capital movements grow.
MENTIONED IN THIS ARTICLE
Ben Weberman
New York
U.S
United States
Canada
Carcaias
Europe
Investors weigh Burroughs vs better issues
Reader asks whether to hold Burroughs Corp shares after earnings stagnation. Advisor says earnings restrained by R&D and marketing costs and recommends switching to Interstate Department Stores. A second reader with Dallas stocks is advised to sell Republic National Life for low income and swap into Texas Utilities while keeping Republic Insurance and Allied Finance.
MENTIONED IN THIS ARTICLE
Burroughs Corp
Burroughs
FDA
Interstate
Republic National Life Insurance
Dallas
Texas
Republic Insurance of
Allied Finance
Republic National Life
Texas Utilities
al Hed
D. D. Steere
Blacklist Adds British Lebanese and Moroccan Ships
Washington reports that two British ships Newgate and Newlane, two Lebanese vessels Leftic and Vergolivada, and Moroccan ship Banora join the maritime administration blacklist of 187 ships barred from U S government financed cargoes for trading with Cuba.
MENTIONED IN THIS ARTICLE
Washington
UPI
Maritime Administration
Cuba
Newgate
Newlane
Leftic
Vergolivada
Banora
Morocco
Judges Meet in Columbus Colleague Session
Lorain County Common Pleas Judges John D. Pincura LeRoy F Kelly and Henry P Webber will attend the Common Pleas Court Judges Association meeting in Columbus December 4 5 6 Expenses not to exceed 100 each were approved by the county commissioners.
MENTIONED IN THIS ARTICLE
Lorain County Common Pleas
John D. Pincura
LeRoy F. Kelly
Henry P. ‘Webber
Common Pleas Court Judges Association
Columbus
Efficiency gains in New York steelmaking process
The basic oxygen process using oxygen to remove impurities is increasing efficiency. Two 81-ton blast furnaces at a New York plant set a monthly record of 121.3 tons an hour, compared with open hearth output of 40 tons per furnace.
MENTIONED IN THIS ARTICLE
New York
Steel tariff talks due in 1964 loom large for U.S. mills
UPI reports Chief figures show 370 million tons of European steel in 1965 versus 266 million before, with tariff negotiations under GATT starting in 1964. John Roche of AISI warns industry seeks guidance as price hikes and world market effects remain uncertain while overseas mills plan counsels.
MENTIONED IN THIS ARTICLE
Jesse Bogue
UPI
New York
Roche
Hasjan
Indus
Generalj
Begin
U. S
John P. Roche
American Iron and Steels
Institute
AISI
Pittsburgh
Para
Japan
United Here
Rental housing boom ends as overbuilding slows
Washington report notes a late boom in rental housing, with big cities like New York, Chicago, and Los Angeles oversupplied. Slower demand and shrinking profit margins follow, while NAHB forecasts a 1964 drop in starts before a decade of high but steadier construction.
MENTIONED IN THIS ARTICLE
Joseph R. Slevin
Washington
HYNS
New York
Chicago
Los Angeles
Houston
San Francisco
Kipton
Ohio
Phillip FE
National Association Ofj
Charles
Iguses
Dayton Firm Joins McDonald & Co in Dayton Acquisition
Grant Brownell & Co of Dayton has been acquired by McDonald & Co of Cleveland as of Navy 1, 1963. The Dayton investment house founded in 1937 by Richard Grant Jr. and John R Brownell Jr. will retain staff, with Eugene A Bohlander to lead the Dayton office and John R Brownell Jr. remaining involved. Headquarters will be at the former Grant Brownell offices in Winters Bank building.
MENTIONED IN THIS ARTICLE
Grant, Brownell & Co
Dayton Investment House
Navy
McDonald & Co
Cleveland
Dayton Company
Richard ‘H. Grant Jr
John R. Brownell Jr
Grant Brownell
D. L. Rike & Co
Dayton
Eugene A.bohlander
Date Nash
Winters Bank
New York
Midwest Stock Exchanges
Ohio
Monarch Marking System Co
Glove Industries, Inc
Seniors vote to install ceiling at Kipton church study
The Kipton Senior Citizens group at the Kipton Community Church voted at their annual dinner at Martins Inn Oberlin to install an acoustical ceiling in the pastor's study of the new church addition. Proceeds from the Fall Festival booth will fund the project.
MENTIONED IN THIS ARTICLE
Kipton
Kipton Community Church
Martin’s Inn
Oberlin
Club Showcases Caribbean and South American Color Films
Dune Davidson presented color films from the Caribbean and South America. The program included distributed materials, discussed plans, and honored October birthdays. The club schedules a meeting for November 19 at Fellowship Hall of the church.
MENTIONED IN THIS ARTICLE
Dune Davidson
Caribbean
South America
Fellowship Hall
Two Yanks honor Italian folksinger in Rome ceremony
In Rome two Americans fund a lifelike bronze statue of Sor Capanna, famed but overlooked Roman folk singer who died in 1921. Cowboy-artist Harry Jackson created the statue at Trastevere’s Piazza del Mercanti, following commission by Remington Gimstead owner of Da Meo Pazza, amid a festival night of wine and Italo American friendship.
MENTIONED IN THIS ARTICLE
William F. Sunderland
Rome
GPI
Se Capanna
Ser Capanna
Giovacchino Belli l
Trilussa
Trastevere
Belli
Sor Capanna
Piazza del Mer ‘Canti
Harry Jackson
Meeteeise Wye
Remington Gimstead
Jackson
Italy
Lead Belly
Woodie Guthrie
Florence
Wyoming
Life
Cleveland firm seeks foreclosure on 6.7 acre Elyria property
Union Savings and Loan Co of Cleveland filed suit in Lorain County Common Pleas Court against Elyria Properties Corp for 41729 due on a note. The mortgage foreclosure targets property totaling 6.7 acres in the Taylor Lexington and Lace Street area. The note was issued January 6, 1961 for 50000.
MENTIONED IN THIS ARTICLE
Union Savings and Loar Co
Cleveland
Lorain County
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International Statistical Bureau, Inc
Tod
L. O. Hooper
W. B. Hutton & Co
Stent Securities
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E.S.T
THE
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Pierre R. Smith & Co
Elyria Savings & Trust