Steel and Aerospace Stocks Rally on Bomber News
A volatile New York stock session saw strength in steel and aerospace defense issues after word that General Dynamics will build the new B111 bomber. Grumman rose on bomber project ties, while major steels such as U.S. Steel and Bethlehem posted modest gains. Xerox and Polaroid led volume advances as the market widened gains across many names, though Du Pont and IBM weighed on the averages.
MENTIONED IN THIS ARTICLE
New York
General Dynamics
Grumman
Steels
U.S. Steel
Bethlehem
Republic Steel
Jones & Laughlin
Xerox
Polaroad
U.S
Metro - Goldwyn-Mayer
Boeing
Goodyear
Air Reduction
United Air Lines
General Aniline
United Artists
Addressograph
Brown, Sharpe, Insurance Co
North America
Texas Instruments
du Pont
IBM
Best Foods
Motors
Kayser-Roth
Colonial Corp
American Stock Exchange
National Video
Microwave Associates
Williams Brothers
Dorr-Oliver
Hudson & Manhattan
Carnation
Philips Electronics
Conduction
Dennison
Alloys Unlimited
Mead Johnson
Barnes Engineering
Duval
Walter Kidde
Cotton futures rise as switching between contracts noted
New York AP wires report cotton futures edging higher with activity in March and December 1964 contracts. Brokers note switching operations between the two months. Spot markets quiet. late afternoon prices up 1.50 per bale from the prior close. March 27 70. May 26 75. July 24 60 bids.
MENTIONED IN THIS ARTICLE
DOW Jones
Jon Logan
Case
Acer Eecascaeaees
Jones & L
Safeway
St al i
St Jos
la& P
Aiser al Ate
Kane P&l
New York
Kellogg W AO
Kelsey Hoy
Schenley
Kendall Co
Ana
Schering
AVA Kennecott WA
Courts
Oy Ve Adams
Kings Dept
Admiral
Cyclops
Searle
Sovaty Air
Cyprus
Kroenter
Sears Roch
Kroger
Seeburg Co
Dayco
Shell Oin
Lear Siega
Shell Tran Ya
Allied Ch
Ats Atsg
Allied Kid
We Shoe Co Am
Allied Mills
Ithe Lehman
Siegel
P&l
Lehn & F
Allied Pd
Delta Air
Simmons
Allied
Allied St
Inger Co
Java
Lily Tulia
Socony Smith
My Link Bell
Alcoa
E&g
Ailin
Disney
Spa
Lilton
Southn Co Sou N Gas
Bosch
Dome Us
Sparton
Sperry Rand
Donnelley
Lorilard
AB Ag
Doug Airen
Bae
Isbradt
Lowenstein
Am & FP
Lukens
du Pont
Macand & F
Am Tv
Gisk
DWG
CIA
Stautf Cn
AGU
Slaushler
Madison
Iwa Oy
Magnavox
Siew War Stoke van Cad
Am News
East G & F
Ye Storer
Am Optical
Maremont
Studebaker
Marayardt Marine Mid
AD LY East
Mara
Am Research
Soha
SuCrest
Xi Ny Ma
Edgerton Og
Los Angeles
FSMN
Am Susar
MCA Inc
el Paso
Ettra Corp
Swift St A
Emer Et SB
AMP Inc
McGraw Ed
SIM
Ampex Cp
McGraw H McKess & R
Ie Talcott
Fe Amphen Corp
Emhori Corp Oy
Mclean T
Choice
Amsted
DEI
MecLouth
Sil Wesdys
Ansconda
Mead Ca
Tenn
Texaco
B. Lof
Ander Clayt
Evans Pd
Merl
Aeronca
Bala
Tata
Tex Indust
Alam Wood Arlans
All Am Eng
Armco
mMetromen
Nellers
Ross
Fairmont
Mites Lab
Visa
Aro Corp
Textron
Kansas City
Uva
Miss River
Oil & G Val Ye Atehisan
Mohasco
Tidewat
Montanto
Toledo
Atlas Co
Tarrina Co
Bar- Avis Ind
Atlas Credit
Alo Ba ' Rey
Wa Mint Ward Ze
Bald Mont
Finl
Morrell
Ada
Firestone
Motorola
Banff
VA Transwa
Banner Ind i
Fin Ag
Barnes
Flinthole
Belock
Babcock
Murphy
Sonanza Air Lin
BANKS
BatGs& E
Nalco
Arizona Bancorp
BSF Co
Nat Airlin
Prime
Arizona Bank
Bt Burnell
Ney Bausch & L Baebala
We Choice
Bank of America
Butlers Sh
Baxter Lab
Ford
Fdis
Bsia
N.Y
Jala Cdn
Marc AD Beaunit Co AB Fore Dair Narairy
Ais Avi Valley
Ria
C.C.4
Corp
Beech Airc
Christiana
Beech
Bell & How Ind
Nat Steel
American Fidelity
Bell
Gamble Sk Tia
Seneficial Ltd
Clary Cp
Neisner
Bontinental Cas
Neptune
Eng & F
Fidelity Bankers Lite Sane
Alta Can Ming
Benguet
Nevada PW
Fidelity Bankers Lite
Beth Steel
Bioelow
Bae Me Unit Industrial
Franklin Life Caper
Black & D Sa
M&m
Georgia
Zinc Wa
Ing
Ie Newmont Yu
Yin Creatamerica Martord
Bliss & L
Bliss
NY Air Bree
Davidson Wn
Bobbie
Central Bietas
Ie US Indust
Life
Buvai Corn Book Man
Norf & W
Pipe & Fai
Ree
Natl
Life Say Issueenes
DPM
Elect
Camm
Borden Ha Pte
Gen Motors
Ye Noam
South Coast Life
Eauity Cp
Warnarha
Esquire Carp
Borman
Yale
Wis
United Service Life Ad Essex
Mer Ind PS
Ptigites Fargo
Boson
US Steel
Strel
Firth Sterling
Norton
Trans East Hips
Norwich
Arner
Pac Cp
Anheuser-Busch
Brontier Afri
Budd Co
Univ
Bae Ey
Arden Farms Corp
Giannini
Bullard
Buns Hill
Gillett
Bateak
Okla N Gas
Gimbel
Burroughs
Ginn & Ca
Delhi
Varlan Ae
Denver Real Estaye
Bsa
Hendhenan Hazel Bish
Owens
Vasca Met
Futterman
Calgon Corps
Ashe
Globe Ui Te Vendo
Ariz
Holm Ing
Globe
Pac G & &l
Whasi
Vietor Coro
Horizan Ant Rm
As An Wa Hollinger Um Callan Mogan Ove
Pia Au Vie Goodrich
San Sale
Pac Ini
el & Pw
Asva
Gould Bat
Pac
Ee Grace Co
Act
Cara Pal
Petar Paul S i
Jeannette
Walworth
Pubco
Parke Davis
Stu
Ramada
Kaiser and
Carter Wallace
Warn Lam
AIM
We Scientific Data
Kane Miller
Andy
Castle & Cooke
Penney
Shakespeare
Xawecki
Pennsalt Srg
West Red & Gen, Inc
Webb del Eise
Tappan
Kirby Petro Ax Inc
Cenco
Grolier
Westest Tran
Teledyne
Levitt Sons
Ls Gulf Oil
Pennzoil
We Air Lin
Asa
Oreign Securities
la Larda
We Peoples Drug
Bancorp al Be
Ay Philips Ub
Mackey Air Te
Gulf & Wn Ind
Peoples Gas
Ale
Nnn
Mead Jonn Yao Ely
Cen
Certteed
Ced
Pepsi Co
Weata & Bk
MAD Elect
Aly
Perkin Eli
Rey
Westy el
Hallicraft
Atin Ag Wayernseuser
Monoaram Industries A
Champ Soun Ag Ze Az
Hmd Org
Ta Morse
Chase Manh Bk
Vai
Ty Petroleum
Mountz
Muter Co
Mabs
Harris
Harsco
Phelps
Hart
Jin Wickes
Caan
Phil & Rdo Mu Sal
Atti Wilton & Co
ABN
Hazeltine
Don bin Chia
Phill Pet
Newal Inc
Wwey
Abs Pillsbury BE AD
Heller
Piper Aire
Chik&nw
al Hersh
Piper Airc
Saba
Woolwich
Hertz Ny
Wrigley
Hilton
Chrystar
Hobart
Zayre Corp
Potom &l Pw
Ak Zenith Ree
Pancoast
Eider
Ada City
Phoenix St Vest
City
India
Folerad
City Ste
Frearess
Clark
Steile Relian Ins
Rem Arms
Cst
St Gas
Ty Houd
Rusco
Oh Houst l. & P
Johnzon
Collins
RCA Vary
Singer Lid
Idaho
Rand House
Rand
Colum
Te Rayonler
Atte Statham
Ay Daly
Raytheon
Swanee Paper Fom
Indpls
Reich Ch Vas
Abrathy Alley Inc
Cory
Repub
Apa Revere
Cary Be
el Ind
Fratvaye
Victoreen
Waha
Wilshire
Ritter Plaug
Bile Ee
Tnt Tel
Coorg
Ta Rock Ltd
Rohm & H
East Louis
Ouigksilvar Crest Coro
Janos Manay
New Yorky
Crow
Vera
Ryan Aprey
APJ
Monus
Weed rises to top at Cananea mine shows long service
Robert C. Weed named president and general manager of Compania Minera de Cananea succeeding Carroll P. Donahue. The Cananea operation, a major copper mine 40 miles south of Naco, is a subsidiary of Anaconda Co. Weed, a 1942 Michigan College of Mining and Technology graduate, began with Anaconda in 1946 and rose from mine foreman in Cananea to director by 1959 after Army service in World War II.
MENTIONED IN THIS ARTICLE
Robert C. Weed
Compania Minera de Cananea
Carroll P. Donahue
Cananea
Son
Naco
Anaconda Co
Weed
Michigan College of Mining and Technology
Anaconda
Butte, Mont
Army Corps of Engineers
Over the Counter NASD Bid Quotes Noted
These quotations from NASD at about 8 a.m. show inter dealer bids and asked prices. Inter dealer quotations exclude retail mark up, markdown or commission. Asked prices identified have been adjusted upward to include approximate mark up.
Grain futures rise as export demand boosts wheat and corn
Chicago traders report broad gains in grain futures with wheat and some corn at season highs. Speculators expect strong soybean inspections to lift prices, while export demand supports the market amid a mixed demand environment.
MENTIONED IN THIS ARTICLE
Chicago
TVS
Bsr Sk
Tim Hale
Hay Fidmis
Ao IR
Mt Belg
Dormant Cotton Market and Fabric Sales Report
The cotton market was quiet with small wool cloth and fabric sales. Forward sales were light and wool goods prices unchanged. Australian wool auctions showed stable price levels. Acetate taffetas and sale ing fabrics sold for first quarter delivery next year. Bids on the armed service opening December 71 were announced along with nylon Aston cloth yardage and delivery schedules after awards.
MENTIONED IN THIS ARTICLE
New York
Eain
Reader's Digest to Acquire Funk & Wagnalls
The Reader's Digest Association will buy Funk & Wagnalls Co., a publisher and distributor of reference books, for an undisclosed sum. The firm will become a division of Reader's Digest, which also publishes a magazine, runs a book club, and sells phonograph records.
MENTIONED IN THIS ARTICLE
New York
Reader's Digest Association
Funk & Wagnalls Co
Reader’s Digest
Corbett Lumber Firm to Close Doors in Tucson
J. Knox Corbett Lumber Co. 4545 Speedway Blvd. will close Dec 31 after selling assets including building hardware units to O'Malley Lumber Co. and O'Malley Builders Hardware Co. of Phoenix. Roofing division may be sold later. Corbett began in 1890, oldest Arizona lumber firm. Bell says profits thin, leases possible for Speedway site, master key contracts with Tucson Federal Savings and Amphitheater School District noted.
MENTIONED IN THIS ARTICLE
Tucson
J. Knox Corbett Lumber Co
E. Speedway Blvd
William C. Bell
Bell
O'Malley Lumber Co
O'Malley Builders Hardware Co
Phoenix
Corbett
Tucson Federal Savings
Amphitheater
J. Knox Corbett
Arizona
N. Gih Ave
Hiram §. Corbett
Consolidated Cigar Buys Dutch Firm Willem II Sigarenfabriek
New York reports Consolidated Cigar Corp has purchased a majority interest in N. V. Willem II Sigarenfabriek en of Holland, the country's largest cigar maker. The price was about $6.5 million. The Dutch company runs five plants in the Netherlands and one in Belgium, with 1964 sales around $17.5 million.
MENTIONED IN THIS ARTICLE
New York
If — Consolidated Cigar Corp
N. V. Willem II Sigarenfabrieken
Holland
Belgium
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IR. C
Washington
Treasury
Drygoods
Turpin
Ted Turpin
Valley National Bank’s University
N. Park Ave
Edward Chesin
Ficers
Tucson Home Builders Association
National Convention of Home Builders
Pima County
Donald W. Dowling
Life Insurance Co
Virginia
American Airlines
Miami Beach
Opportunity
Casto Building
Hu Business Products
Ghes Calihan Corporation
E. Grd
Mooeey
E. Broadway
Broadway
Greater Broadway Development CO. Ie i
Main Ave
Cssste
Tucson Gas & Electric CO
A.C
Els-Tees
Babcock & Wilcox
Worthington
Clarage
Cochrane
Elliott
West
Mars
Miften Burack & Morrie Kromet, Austioneart
Pwals