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Birmingham Post-Herald from Birmingham, Alabama • 30

Location:
Birmingham, Alabama
Issue Date:
Page:
30
Extracted Article Text (OCR)

fi PAGE 10 BIRMINGHAM POST-HERALD Thursday January 25 1961 In Active I mr 2 New Apartment Building Goes Up Stocks Close Lower NEW YORK an Stocks finished lower in active trading on the New York Stock Exchange Wednesday BT DON CUMMINS Construction of a new $27 Tniiiinn bunny apartment building to be located at 2727 Higldand-av is now tinder month copper-strike But with the end of the session approaching the market again started to dip closing somewhat above its low point of the day The list turned downward initially on news that North Korea had seized a United States intelligence ship had an indicated loss of 22 cents in the price of an average share Steels were mixed Oils were lower Rails were trend- less Aircrafts turned narrowly lower Prices were lower In aix tive trading on the American Stock Exchange With 976 is-' sues traded 447 were lower' 352 higher and 177 unchanged Volume was 5638770 shares down from the 6225155 shares -Tuesday The Amex index lost 2 cents to $2504 gage Co mortgage loan correspondents Air Metropolitan life Insurance Co Construction financing is being handled by the First National Bank of Birmingham Rental agents for the project will be Leedy Co Inc Features include an outdoor ground level landscaped plaza a large swimming pool covered cabanas recreational terraces with a Polynesian atmosphere and gas lights A lounge in addition to the lobby also is included as well as free garage parking and three high speed elevators Each apartment will have access to a private balcony or patio Declines once again outnumbered advances Of 1473 issues on the tape 775 were lower 498 higher Eleven of the 15 most active issues were on the downside four on the upside The Dow Jones Industrial average declined 254 to 86223 rails and utilities also eased The structure known as Park Tower which will command a view of downtown Birmingham is being developed by a group of Atlanta and Birmingham businessmen Park Tower will contain 107 one two and three bedroom apartments in the 11-story structure Architects are Brandon Crawford Associates General contractor is Hoar Sons Inc Financing for the building was handled by Realty Mort Blit traders and investors apparently pushed the gloomy news to one side and a recovery started around midsession An encouraging factor was the steady flow of good corporate earnings reports Also lending optimism were the auto industry's report of improved car sales for the middle 10-day period of January and -possibility of a major break in the six- The United Press International stock market indicator closed with a loss of 034 per cent to 11663 whie the New York Stock Exchange index Dad Dealt Double PARK TOWER Pictured is architect Brandon Crawford's conception of how the new Park Tower apartments will look when completed early this Fall The structure is now being built at 2727 Highland-av Sales High Law I ge Symbols Blow Complete New York Stock Table Tuesday's Sales: 1l'o30o0o 74w 4 1 II0 Mmoirrnd aunrav lJU huranrtno aup voiu 110 Miooroil MU NEW YORK (API-Wednesdav'i complete New York Stack Exchange prices: 1575 I ior vnrt no rooutar rat (c) pavmont on accomiSotod dtvktemk Id) paid torn rata'olw rt2dcBiT -W 0BIa'-dirtrtautlan (I) pw lart voarj 00 par ta rtodu I CM (Ms) NM I GlonAld p3 GlonAI Pt335 smt I 14 400 4o lol 71 4 41 ta 40 4l 44 14 44 44 II 4y tan 04 44 44 's is 4)5 III 10 14 114 40 4b Solw High Low I 2114 114 114 13 13 13 -I fl 70 70 i 11 41 JE 14- 44 30 Mm High Low a "l4 103 101 101 52 52 52 LIL pf Loral Coro Lou Nadi 4a mrtn JO Izd iy Str 10 MJLwIm lAlkmtam HwlWVI IDBBwRRI 30- 9 9" SZl II 10 10 141 30 8 37 1 2 115 115 115 4 33 33- ACF AdMIlIK Address Admiral AlrPd pM7S AlrRcdtn 150 AJ Industries Ala Gas 1JI GranbvMln 1 GrondU JOb GranltCS MO Granltev MO Grant 110 Gray Dn lAHold hasp 1: 130 3 4 4 10 ii tt Alberto 30 jg 337 113 110 112 2 In AfeanAlum AiteoCpJOs Alloa ef 40 AlItgLu 340b 4- PopGnBot 70 PorfFIlm Jlf Elm Pat Inc 1 Pot Inc pf00 M0 Potrotano JO Poirlm Ufa PfliorC 130a PhclpiD 140 Phita El PhllEI if Phil Rdg PhllMorr Phill Pot 140 PhllVH lJOf PlkoCorp 30 Pillrtwry MS PIporAIr M0 PltnovB 120 Coko JOb Foro 1 Lytton Flnt MocAndF 9 4 j-J 3 A Maonovx I Mallory 1J Vb'ManShlr vh Maneowr "MarathOII wl Marathn IIP iaulMartmont Mar Mid l( 4 idMarauar J( iiCSJdu Mawnito li IWaMoy 50 51 Alloa Pw 1 Albnlnd ljff Uhnlnd St Wort Unit BWUn pflJI SreonGnt JO 110 Dow-Jones Closing Averages NEW YORK STOCKS: Open High Low Close NetChg 30 Industrials 86055 87020 85483 86223 Off 254 20 Rails 23007 23136 22886 23015 Off 072 15 Utilities 13209 13299 13008 13104 Off 115 65 Stocks 30577 30845 30349 30576 Off 118 Transactions in stocks used in averages Wednesday: Industrials 664500 Railroads 109600 Utilities 321500 Total 1095600 BONDS: Close 40 Bonds 7637 10 1st Rails 6541 10 2nd Rails 7022 10 Utilities I 8026 10 Industrials 8360 Dow-Jones Commodity Futures Index (1924-28 equals 100) Closed at 14189 Standard Poor's Averages Standard range of stock indexes (1941-43 average equals 10): High Low Close 425 Inustrials 10205 10026 10107 20 Rails 4288 4233 4254 55 Utilities 6781 6643 6684 500 Stocks 9412 9245 9317 4 47 TOXUIIG 10 TaxPLd 15a Tax Util 104 Textron 70 Ttxtm pt4 Jl Thlokol JO Thom Bolt Thomlnd Thomatvl 4 Allied 19L Allied Kid 1 Allied Pd AllledStr 1J2 Graj(houndl srav Alpha Cam tlmkRB 1J Tlhr i Root PjttFtW jT7 PltPlatt FJoB MavOStr 100 Pitta Stool PltStort 15? Tolod Ed iffierd- Tract Sup in Co jn Int I tranxWAIr 1 TrnWAIr pf 1 MaviJV DltW pft75 Gultan Ind BfiMtA Halllburt lW tomll jjtat IS 14 14 44 MUS Plough Inc -'Sara mS pt Tran Pin tramanwr Pram Ind ProctrG L40 PubSvcCstol PSvcEG 140 PSIGPB 1 12 4 PSEG Pub Sind 192 110 HARTFORD Conn (UPI) Vincenzo Strano anxious' about his elder son captured with the USS Pueblo tried to uve his younger boy withdrawn from combat in Viet-' nam but it was too late Strano was told Wednesday hat his younger son JameS 19 died from gunshot wounds five hours after North Korean sailors hijacked the Pueblo in the Sea of Japan Before he learned of the' death Strano said of James: a good boy I want what happened to hisT older brother to happen to Unaware it was too late Strano added think there is some law that only one son should serve in a combat zone and I intend to get my youngest son home" Under Selective Service law a sole surviving son may be relieved of military servlet or reassigned to a post in the if another member of his immediate family hab been killed in action Strano and his wife have received no word on the fate of the elder son Angelo 21 Mrs Strano is stepmother of the two boys 1 The mother now Mrs Travis Dodd also was informed of the death Her husband said he and his wife had received a letter from this week He said the boy wrote that he was all right and that after a recent mission he like a boy scout on a long camping trip coming home all When the capture of the Pueblo was reported Strano said he tried to reach his congressman to have the Army withdraw James from Vietnam An Army officer went to home to break the news of the boys death- Satai High Low CTm Coo jowlfEI M0 Ma'flsi I 4 4 11 Sotao High LowCIia 14 3 -4 41 iu Mdntvr 1 -1 McKm AmaiSue 1-X Amaraca 130 -Amerada 3 'JSKS Am Bokar 1 Am Bosch 40 AmBdcst AOW AmComl U0 AmCorn J3t AmCredlt JO ADUOIW Pt iKflB A Homo 130 A Home pf 1 Am How 40 Am lull Amlnvst 110 Amlnv Pt5 AmMFdv 0 AMrt lW Am Motor AmNatGas 2 Am News Ml rWWgV AmSoAfr AmSAfr fn70 -Am Std II AmStand pfj 'Am Steril -ASuoai Tramltren Trlanal 120a TRW inc 1J0 TwanCant JO UARCO 1 UMC ind JO narco JO Uml Ltd Op UnllNV 114a UnCaim 172 UnCartido 2 Un Eloc 120 Un El pttJO UnOIICal 140 UOCaligfl50 Union Poclt 1 UnPac pf JO UnTank 250 Unlroval M0 m7l 41 14 -4 lbMcSall asi -iM: PuMSup J4 PR Com 110 4 PuaSPL 140 Pullman 1J0 PuroxCp 72b Puralatr 1J0 'M Am 1 510 49 cy pt 4 5 114 1 1- ST Hartlfr 04 20 41 4-1 27 4 51 4 45 41 Hall Cell HaUarWE HalmtPd Hatmrch Hemlioh Hemline Hare In I 103 41 54 4 75 Dlmv JOb Dirt Soao 1 DrPoppr 110 UomaMln JO DomFd M4o Dannoilcv JO Dorr Oln DovarCo DowChn Droulm DroMT -Droyfu OraxolE DuffvMt Duka Pw DunMIl COM Jl Com 1 CmIIo art CotanoioCp 2 Colon PIA450 CohtlilLf 112 IIILt oMJO CtnIIIPS ConMPw Cwit SW Cant' li HarahCh OSC Haumain 2 49- 34 51 4 29 15 1 24 24 11 34 44 StVi 8" 30 4 40 -1 Zv pppip 40 4 33 4 Ranco Inc 3 14 14 2 S-i 1 NM Voltaa HjltnHot MO 13 mu 44 44- 19 19 40 40 04 00 41 Mi 19 19- 10 10 4 47 30 If 20 Ravbnta Rnyotta JO Ravm Int 00 Rayon ter 140 Rayttwan JO Ravtti pflli Raadlng Co Riodlno rof tbart JOa HolIvSua HomMk Honaywl 2 11s iis US i-l 10 30 331 33- UnlshoM 90 UnltAlrUn 1 UnltAirc 1J0 UnltCarr 110 Un EnaliF 1 Unit Fin Cal Un Fruit I J0 UGaiCp UnGlmp UnGraan Unit Induit Unltlnd pt-42 Unit MM M0 Unit Nuctear Unit Pk Min Unit Shat 1 US Borax la USForS 237a USFralgtTa USGyptm 3a IPBV US Lbtel 3b USLIno pf4S Duq Dq 420pf21S Dvmolnd 70f DvnaAm JO Eaata Mo Eart Air 50 EartGF 175f Eart Stl Eart Util 3 JO 31 31- 41 41 4 30 30 -1 MAmPlpa MAmP pflli MldCnTaf MMSoUtl MldM MldwL MlahlaG 14 Mitel Lab MIHBrad Minn Entara MjnnMM jJO MlnhPU 110 3 RallaHaStr 1 kxiEI M0 tanB of 3 OflJO 4 Kodak IJta Si BE 50 4 jraRa 104 Mo Kan Tax ChjGW jHO50 ChIMII SIP I 14 14- 49 49 4 47 49 41 53 S3 4 44 44- ii 41 41 14 Eaton Yo Eaten pfliy EchllnMf J4 EdliBre IJ0 EGAG 10 Eta Step 1 El BondShr 1 ElMuilc 19a ElMua fnlfg Elact Auoc EloctSp lJIt Eloln watch EIPmoNG 1 11 13 II 00 14 14 34 -U Ww IK JIB IT RaxOi gjjLS 001 13 ChMSPP pfS chi Muic 1 ChlSNWart 4 GhlPnw 110 Ctll Rl Poe ChRIPct UP I Coro if HS Corp USPIpt 1 Hook Ch IS Houdln Houd pi HouaA4W Howmtt Hud Bov Idaho Pw HuntPd Ideal Bartc IdaalB pf wl III Cant 150 III Pow lH Pw PM15 mp Cs Am Incoma Caolt InCCum Indian Hd JO Ind Gant Jo IMbUiPL 1J0 InEIMim Jta -InaarRand I Inland Stl 51 51 17 -1 USP Am Tab 'AWW3W 1 jAWdSSf IX Amatok'lo Amtoc JAMK 'AMK AMK AMP Ij'i3 icioyi-30 Chem I Oil J7t Cham UP ArliPubSycl Artons Str Armca Stl 3 Armour 1 JO Armr of 47S ArmCk 1 ArmRub Am Corp ChRlP NW CWTIftaTr RoyM pf2J7 RtynTeb 120 iMoMldn 2 Mohaico 1 ohM Pf4ll Monarc 110a Monoam Ind MononB Id Moraan liob MontDUt 13 Mont Pw 1J4 MentWard 1 MooraMcC 1 MontSho JO USPCh IPCh I 4 Chock Pull JO 8h rlsC raft la hramall JO 40 37 4 40 43 7 0 4 9 43 4 llegalT (iff Pfau JO 40 31 mm 41 THO 1 05 40 -1 RoanSo 1 J7p it 1 RobortCont 29 Robl EmarL EmaryAIr Emhart M0 'mporC 15 Efek EnprtM JOb EngM pM25 ESS Inc 120 EnaxWIro 1 144 1 1KJ iii 1: Si! 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RoypM PnjtOq Rufabrmd 95 Intrdxn Intorco M0 IntorlkSt lW IBM 4Jflb IntFlaPr Int Harv ii mss Int Pap 15 I Looa 'AwdSornp lo AsM Tran Tran 1 3 Named To Strike Board rr: NatAIrlln NAvlat wNoU iJjNCant NatCoth NatCltyL Dairy RumToo RvanAora Clavltp CluattPaa itStG Ill 11 llf Z1M Assoclnv 1 Atchison Atchls sm ir 5 4 40 127 114 125 927 34 37 4 34 41 41 41 4 USSSS Rt 90 14 13 03 -1 34 41 31 11 ri 14 4 awov 110 StJooLa LN StJot LF 1 StLSanF IX StRoaP MOb SanDGai 1 vonyroc ia Vuk Inti Int Salt 1 IntSflvwr Int TST Aita Ch 4 Corp Alto CocaBtto IColp Pol J10 Cota pflSO CoillnAlk 130 CollInRad JO Colo I ntG 1 JO CojuGa'Jn Nat pii NDirt -4- 2- 1 NoSylnMf sAis Un El JO ii5 ii 347 St Ik SB SBflbfltz 9 I 9 4 IntTST IntTST Sanpamo JO xx 44 43 SFabrUI JOb 50 49 SavarnihEPl I 19 19 PJS Schtrlha tec Btl24 Fad Pop Sd 1 IDStr FMDStr 170 114 1 2S ii -1 49 4r tS 11 -1 -5 87 4 ogooo Alto Cp Pt Aurora PI AuilNch iSwSr Avon Fad Mtp Inv ForraCp 120 13 Int uni Intutll Int Bokar IntcrDSt IntMtrFr Inters Pw Ip El LF la III GE lawaPLt lowaPSv 30 27 21 -1 110 tr SSZ'S Xt 4S 43 Plbr Cp lJO PteldctM 11 1 (i hick Nltz RiwJ him! 120 Sclontir Data SCM Cp JOb ScotLadF JO ScattFora JO Scott Popar 1 4IW 42 LiS 1 la IRC I ICrki falC IcottP ScovlllM 140 Scovlll pfl JO iGai JW0t 1 WaukMha JgA! I Mkt Mi Waaca Fin if WottTra WP wrtPtP 7E Jtek ITT Sv pMJO JO 1- ScrowBt Ho ScuddrD Vrt Scuddr of 35o SbdCrtL UO 42 vni 00000 30 4 53 20 52 51 34 4 WASHINGTON (UPI)-The Johnson Administration appointed a fact-finding board Wednesday night in an attempt to end the 195-day strike that has crippled the copper Industry The decision to appoint the three-member board wa reached after nearly week of debate between Johnson and his top labor management ex? peris The actual decision was not made until late Wednesday evening The strike longest and largest in the history of the industry Involves 66606 workers in 28 unions at company sites in 22 states The strike started last July against the of the copper industry: Kennecott Phelps-Dodge Anaoonda and the American Smelting and Refining Co 1 -I JowolCo Jim Walter JlmWatt -JahnMan John John lohmSv 1J John lodWorS1 1- 1 4 NlaoM NlaaM NlaaShr Norfolk (J Norrli Ind 1 NaAmCar 1 NAmCod JO ilkWrt Sear I GD 1J0 Saaro Rot la Rot 1- 91- 4 77 77 19 20 40 40 4 4 4 51 41 27W OOOBO JonL Jonot 271 JonotSL Joraanin Joiteni 51 Flltral 1J0 Fin Fodaratn Flraitna 140 FiKhrt 1241 Fit Nat Stra Ftechbch Ml Fllntkoto 1 Flint pfA4J0 Fla Coast Ra Pow M4 HaPwLt 175 Fla Steal 90 RuorCp 2J7t bps flr FMC pt225 Foodalr 90 Foott CB JO FootcM 25a Feat pt220 FardMet 2J0 ForMcK 12a FMcK pfl10 Fort Wh JOq Fort Wh pf Foxbora 1 Frank Sir 22 FrotpSul 125 FruanCo 170 Fruohaul pi 4 Fulton Ind srr GamS pfl GamS ptU Gar Wood GardDcn US Garlock JO Gemini Cap Gamtnln JM GAcccot MS Accept pfl Amin 312a NoAmRock 2 NoARk pM7L Scoburp Sallonlnc J5f Sorvmat JOb Sharon Stl 1 Shall Oil 110 ShrtITr ShallarOI ShtllGI p( Shoraton SlwrwnWm 2 ShooCpAm 1 Shulton JOb Steart HI JO Slonoik 1X a I- NoASuoar JO Notort Ut NorCantRy NorlnPS NoNGoi Nor Pac NoStaPw NSPw NSPw NSPw pl Souh Sou KanGE KanPwL 58 47 47 Ml 4- 7 51 51 4 Hi MVVVI IK Whoota Whoa) Whirl Cp 1N White Cn I5r WhltaC pR75 White Mot Whittaker Cp WickHCtrp 1 Wllltoma Bra WlnnDIx 1X saw 120 WolvWW 4 45 -r 74 -1 70 -1 tan Hn 4 SlmnxyJ30 Simp 1- Sinclair 2H 1 SlnaorCo 2X Skrtlv Oil 1 ortho pIMS 1 Nwst Alrl 70 NwBan 110a NwtSIIW 1 OadmC 1 Norton Kaabter Krtlar Ii Kallaoo Kalay 13 Kandoll 1 Kcnnmct 59 40 59 4 304b 30 30 -U 30 37 30- 51 50 51 HX 09000 Pz 17 Smiitik 1 Smuckor SrtaBaflc 4 sK7 9 3 1 i 4 Big iZ WoodwIMJO 30 1 Norwich NVF Co J9t Oak Elect J4 27 17 15 15 4 S- 4 40 40 44 44 95 42 4 KarrM pMJO SW KrvitonS IV GAmOII JOb 54 20- Rit Woolwrth 1 World Alrwv WurlHzar XoroxCp lX YnntSht iK YnprtSq lX Zavra Cora ZmHhR li Rentz Co LISTED and UNLISTED SECURITIES 1 Lino RR 7 25 te SocaitP 101b 19 SouCalE IX South Co 1M Stull SouN SoutPac 1 hCo lX Foe IX R5L 88 SS5 Copyrighted by Tho Auodated Frau I9M Ogdon pflj OhtoEdli 13 Oh Ed Oh Ed -OktaGE Ok GE PMO OklaNGf 112 OUnMa 110b Omark 1171 OnrtdoLt GnAnll ptlM GanBanc JO Gan Branzau GnCobte 130 Gan Clo jX Gan Davalop Em34l Gan Fin 110 54 -4 INSURANCE STOCKS tni wvJ 92Vfc SALES (API -N Stock Mix South-Sou Jl Swell pf J4 Spot Ian Ind SoartanA Spartan Corp Sotrrv Hut 1 SptrrvR IX Spraauo SprlnpiMlil 1 Klddo' Kidd Klmb KlnSaal KlnpiDSt KlnnavNS JO Klnnay pt70 KLMAIrt J3p KLM'fnKta Koehrlnp 2 Koaptri 10 Koppon pf 4 Krtiaa 90 KrocMw 25a Kroptr 1X Lob Etectron Lac Gai JX LaneSry lX LonvRIn J5 Lanvin pUO 24 24 1 29 22 NEW YORK Aoprox final total Frovtow day a a ro Gon Flra lK GcnRri Jreof wl Oartlka 1 Otte Elov 2 11X5JX BaasBBaaBBBBBBBStaa bbb1)i9111I0 Got Fda 240 Got Holt Gcnlmt 1009 Gcnlratr of SO 50 31 41- MUTUAL FUNDS Cal far lalatt QuBfpfroni 1MM Bank far SaviniolMg 2S2-8091 SauaraO 70a SauIbbB J7o 12J93JX Yoar aao 1M14J4 Two yoari aao BBBBBdBBBBBB BBS 991 MX JCHI 1 1 dolf BBOPBBBBBBBBB 210f9djl0 1M7 Id dots 14S374adlO 1MJ to dOtf BBBBBBBBBBBBBOBB 15730515 iranoeR 111 iuUm mar I nr ix fSttd FocIntEx Poe Foe I WwJ Mot POH nPCtm -8 4 Will 9U 99 UP JM 514 a a ns si X- kU LotdiNor 50 Lccfona JO LahPCam StdON 1 StOII IOh umriiui wi Sit pf 4 FacSwAIr 3 FanhEP Bradford ca S' 1SX St Fadnrtnp St PkjoflJO 'd Prato 72 PrudUn onWki 1X Stanray StarrettLI Lch Val LwiniQn Ws LtonardR LovorFd Cap LovFlnc 75a LOFGIm 2K 3 doooo n- i 34 9 2 ParoH MIX Porkepavte 49 Vii 4 4f-k MEMBER New York Stock Exchange Sterl Drup 1 Star ID ptIX StavantJ 225 PorkHan Fork Pan bWTWI 0T Ii UaarttSM paoSMv UivCuo 1T TalEI ort50 iTalF ptliB JSvW jrwvj Gana co MO 1 Pacific lb SIS Ibratt PeaCoal 250 PaabC Ptl25 PonnOlx Una TV Uonci Corp Litton 2551 Litton ptc pf StonoCant JO StorcrBdcrt 41 4 32 41 1515 FIRST NATIONAL BANK BUILDING Phone 324-8671 innfiBaliflMi Alzayi envnevpvivinf motmin Md I 1 ItuW jfAtX 1 SuburGai Sub Proa IX 1 SuCrart 'fWV SS3 3 IK IK IK 7 3 2 88:: 1M5J5 VW BPS' 15 1.

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Pages Available:
960,634
Years Available:
1886-2005