Natural rubber faces renewed U S competition and rising plantings
The article notes a price drop aided by stockpile sales and weak Russian demand, with natural rubber production rising from 1.517 million tons in 1955 to 2.2 million tons last year while synthetic rubber more than doubled to 2.24 million tons. Planters expect gains from new, higher yielding trees as Malaya and other suppliers push to slash costs and expand acreage amid global demand shifts.
MENTIONED IN THIS ARTICLE
U.S
Prirate Boards
Malaysia
Malaya
Ji. C. Bugbeg
Natural Rubber Bureau
Makeya
Bugbee
Real estate deeds and mortgages in Lorain fall from prior year
Lorain County records show August deed transfers dropped from 804 to 756. Agricultural deeds eased to 8 from 82 in August 1962. City mortgages totaled 744 with value of 8 538 330 versus 790 at 8 363 816. Financing statements stood at 1 ORS versus 2 021 a year prior.
MENTIONED IN THIS ARTICLE
Lorain County
Leota B. Mitchell
Gas Pedal Extender Aids Short Drivers In New Jersey
A Union City firm developed a gas pedal extender to suit small drivers. The device attaches to the gas pedal and is marketed as increasing comfort and safety for short motorists in cars.
MENTIONED IN THIS ARTICLE
Union City
N. J
Christmas Shopping Season Cut by Five Days
Retailers nationwide face a shorter Christmas season with Thanksgiving Day on November 28 this year, giving only 21 shopping days instead of 26 and possibly reducing sales volume by about 20 percent. Department stores plan heavier holiday advertising and staff increases to counter the shorter period, while fall apparel sales remain strong in some areas and vary by department.
MENTIONED IN THIS ARTICLE
Isadore Barmash
New York
HTNL
Acroua
Federal Reserve Bank
Oldsmobile Jetstar targets youth with new midpriced series
Oldsmobile introduces the Jet-Star as a midpriced family car aimed at young buyers. The Jetstar 88 sits below the Dynamic 88, matching styling with lighter weight and smaller engine, and competes with Ford Mercury and Chrysler Dodges while offering a high horsepower Jetstar I sports model with a 345 horsepower engine and a quick tachometer option.
MENTIONED IN THIS ARTICLE
J. F. Wolfram
Oldsmobile
Ford Motor &Co
Chrysler Corp
Lake Shore Rd
Main
Detroit
Successful investing Survivor's nest egg secure in U.S. bonds
In a reader letter a concerned elderly couple seeks guidance on safe investment with $300. The advisor recommends U.S. Series E savings bonds bought at a discount for secure growth and cautions about stock market volatility and withdrawal temptations.
MENTIONED IN THIS ARTICLE
U.S. Bonds
U.S
Wall Street forecasts reflect broader participation in stocks
Wall Street analysts predict a wider public interest in speculative securities after the 1961 highs, with cash seeking fast action and glamour issues like electronics gaining. However, caution remains as experts warn against blanket market rallies and urge selective, well priced stocks amid ongoing growth in electronic data processing equipment.
MENTIONED IN THIS ARTICLE
New York
UPI
Bradbury K. Thurlow
Winslow, Cohn & Stetson
Standard & Poor's
Standard's
International Statistical Bureau, Inc
Roger E. Spear
Spear & Staff
Leslie M. Pollack
Reynolds & Co
James Dines
Chile desert blooms into 400 acre oasis with fruit trees
In the Ata cama desert of Chile subterranean water created a 400 acre oasis. What was untilled land now yields a fertile plain with 30,000 lemon trees, peaches, avocados, eucalyptus, vineyards, and truck gardens. Water is sought for other unproductive areas.
MENTIONED IN THIS ARTICLE
Santiago
Atacama
Chile
Financial gossip Quotation bureau index on rise
The National Quotation Bureau index of 35 industrial stocks rose 2.37 to 143.25, topping its 1962 high as price levels advance on the New York Stock Exchange even with a slight market pause. Over-the-counter trading remains larger in number of issues, though, and SEC criticism lingers.
MENTIONED IN THIS ARTICLE
NEW York
UPI
Midwest
New York Stock Exchange
Bureau
Securities and Exchange Commission
SEC
Banks report investment rise in Fourth District
The Federal Reserve Bank of Cleveland notes a substantial weekly rise in bank investments, yielding the largest net increase in earnings assets among 26 Fourth District reporting banks last week. This surge signals stronger asset growth across the district.
MENTIONED IN THIS ARTICLE
Cleveland
UPT
Federal Reserve Bank of Cleveland
Ohio Seeks Industry Growth With Large Bond and New Dept
Ohio promotes science and technology futures with a 175 million dollar education bond for scientists and engineers and a new Board of Regents to align colleges with industry. It offers tax free financing for up to 100 percent of new operation costs through a state Development Department providing planning, R and D, sales, financing, and information.
MENTIONED IN THIS ARTICLE
Ohio
Board of Regents
Bureau of Unemployement Compensation
State Department of Education
Also Mentioned on This Page
News of the Financial World
Jetstar
Terry Robards
Spear
Wall Street
Shearson, Hammill & Co
R.R
Lorain
7Th St
Lorain, O
Fulton, Reid & Co., Inc
Investment Securities
Complete Investment Service
Carl F. Russert
Midwest Stock Exchange
Columbia Ave
Elyria
Fairfax
Pierre R. Smith & Co
Elyria Savings & Trust Myre
McDonald & Company
American Stock Exchange
James M. Haas
Lorain County Bank
Akron Ashtabula
Bowling
GREER
Canton
Cincinnati
Columbus
Dayton
Elyria Findlay
Granville
Wamestom
Lena Mansfield
Springfield
Toledo
YOUNG
Mate
Quotation Bureau Index
On Rise
Cleveland Ave
Broad St
Herrick Ave
West
Amherst
Bplyria
Wellington
Lake Rd
Avon Lake
Little Hoover Commission
Ie George
Asen
Deceh
the Chronicle-Telegram
the Family Newspa
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