Alton Evening Telegraph from Alton, Illinois on June 3, 1963 · Page 6
Get access to this page with a Free Trial
Click to view larger version
June 3, 1963

Alton Evening Telegraph from Alton, Illinois · Page 6

Publication:
Location:
Alton, Illinois
Issue Date:
Monday, June 3, 1963
Page:
Page 6
Cancel
Start Free Trial

Page 6 article text (OCR)

PAGE SIX ALTON EVENING TELEGRAPH MONDAY, JUNE 3,1963 Telegraph Reports News of Business, Industry in rca Olin Appointcr J. Gordon Wills has been appointed director, East Alton manufacturing operations for Olin Mathieson Chemical Corporation's Winchester-Western division. The announcement. \v a s made by H. E. Freeh Jr., Vice President, ammunition operations of the division. Wills comes to the Olin Organization from Pittsburgh, Pa., where he had been manager of manufacturing for the Bhnv-Knox Equipment Division o f Blaw- Knox Co. Me had been with the Rlau'-Knox Co. since 1934 in various industrial engineering and manufacturing capacities except for t\vo years when he was assistant plant manager, Fitzgibbons Boiler Co., Oswego, New York, one year as plant manager of the U.S. Hoffman Machinery Co., Auburn, N.Y., J. GORDON WILLS and three years as a division manager of manufacturing and manager of engineering for Crown Cork & Seal Co., Baltimore Md. A native of Albany N.Y., Wills has a mechanical engineering degree, majoring in metallurgy from Cor-! ne'fi Univesrityl Ithaca, New York. He has also studiedj at Carnegie Institute of Technology. Syracuse Univers-j ity and in special courses in executive training and| manufacturing controls. j Heittphill Lists Heal Estate Stiles of Week Th" H;irry F. Homphill today announced lust week's re;i eslnlr sales made by the firm. For Mr. and Mrs. Charles D. Km"t!S. their five room brick home located at :•!.">!.'? Glenn, North Rod i ;ers Addition, was sold to Mr and Mrs. Kenneth IX Creamer Creamer was transferred to tins •iroa from Manitowoc. \Vis. In Ihe Olin Matheison Chemical Corp. Mr anil Mrs. Robert B. Milliard purchased the four room IIOIIK located at 523 Kent Avc., Kast Alton, previously owned by Mrs. Kdilh Flock. The 1i> riHim two family duplex located at IL'iMlM Kasl Sixth St., \\as purehased by Mr. and Mrs. ClifuMi 1.0. Ncwcomb Jr. and Mr. ,md Mrs. Paul \V. Spriiijinian. Thi.-. home was previou>ly owned by Mr. and Mrs. Jesse C.len Bal'ard. For Mi-, and Mrs. Cieorse Ber- J lekamp. their six room home lo- cateo at itf lv IS «'•• w;is sol(l , to Mr. and Mrs. Melvin Lawrence! Thornhill. j The tour room home located at j •J9L'0 Milk-res! Ave.. was sold tor Mr. and Mrs. Milton V. Hubert us NEW DEPARTMENT Karl Caudill, front, manager of the J. C. Penney appliance section, and Iwo salesmen, Toby Thomure and Bob Sehleicher, point to ne\vly added lines of television sets and air conditioning units. The trio took a breather on a summer lawn layout after a day of organizing and selling the new lines. lo Mi. man. For Trent, cated wood sold to Mr Browning. and Mrs. Leo James Hunts- Mr. and Mrs. Gilbert H. their five room home lot 3li5 Kennedy Drive. Rose- Heights. East Alton, was and Mrs. Lewis W Penney Co. Offers Its Own Appliances Shell Lah Project Shell Development Co. today formally entered the field of animal health and nutrition with the opening of a three-quarter million dollar animal health labora-, tory at Clayton, Rio. The new facility, which is part of the company's agricultural research complex, contains experimental, beans , eadi lhe laboratories and rooms for both healthy and quarantine|. ldvancc and posting gains running JSeivs of Grains 1 Commodities Firm-Strong CHICAGO (API—All the major commodities were firm to strong most of todav on Ihe Board of animals. Until now Shell's main agricultural products have been fertilizers and pesticides. The one-story, reinforced houses a staff of biochemists, concrete-brick building microbiologists, parasi- to almost three cents a bushel. Wheat and corn were ahead about a cent in spots on the early afternoon. Oats and rye were steady to easier in dull trading. Soybeans derived their support from a revised government estimate that the carryover this year will be 25 million bushels or less. The figure was down 10 million from the previous quarterly esti i male. Trading started with all Directors of the Granite City Steel Co., meeting injcontracts up more than a cent. tologists and veterinarians. Their research projects will include studies of the mechanisms of animal physiology as well as a search for chemicals that cure diseases and regulate growth. Steel Dividend The J.C. Penney Co. department | store at Eastgate Plaza Shopping iCenliT. East Alton, will start offer- ling the Company's own-label major | appliances and television st'ts to!day. I Both appliances and TV sets are i being manufactured to Penney's (rigid specifications and quality standards, according to A. R. Can- inady, manager of the Eastgate Plaza store. The store will be among the first in the 1,700-unit chain to offer the new lines of merchandise, which carry the new brand-name 'Penncrest." Penney's appliances went on sale for the first time earlier in the year, while the TV •sets were introduced late last year. In addition to exclusive design and top quality, Cannady said Penney's has a complete as sortment covering all eight lines of free-standing major appliances —refrigerators, washers, dryers, freezers, air conditioners, ranges, portable dishwashers and dehu New York, declared a cash dividend for the second quarter of 1963 of 35 cents per shave of common stock outstanding, payable June 15, 1963, to stockholders of record May 31, 1963. The company paid a cash dividend of 35 cents per share in the first quarter of this year. New Chevelle Estimated carlot receipts were wheat and oats 6, corn 552, barley 25. soybeans 10 and rye none. CHICAGO (AP) — No wheat sales. Corn No 2 yellow 1.27%; No '1 yellow 1.24 1 .;.; sample grade News of Stocks Uneven Advances yellow hrfivy I heavy 1.17-21'.2. Oats No 1 extra white 7'1; No 2 extra midiliers. Promotion of Penney appliances will center around "Penney Value Extras," either exclusive features found generally only in higher- priced competitive models. While Hotpoint division of Gen oral Electric Co. will be the major supplier of Penney appliances. Cannady emphasized that the line NEW YORK (API—Motors and selected issues paced an uneven stock market advance this afternoon. Trading was heavy. Volume for the day was esti- ated at 5.3 million shares compared with 4.G9 million Friday. Gains of fractions to a point or more among key stocks outnumbered losers as the over-all market pressed on toward new highs for 1963. Chrysler and United Air Lines were up about 2 apiece. Steels were unchanged to frac- gionally lower. Weekly steel production declined. Sugars also were down as sugar commodity futures continued to fall sharply. Buying was attracted to a variety of volatile issues. Polaroid was up about 7, Beckman Instruments 4, 3, Texas Control Data 3, Instruments and Zenith Xerox yellow Soybean Record Shoe Sales A new motor car, the Chevelle, will appear on U.S. roads this fall, according to Fortune magazine. The auto will come from the Chevrolet Division of General Motors Corp. and will be intermediate in size between the standard Chevrolet and the compact Chevy II. It, Wheat will compete with Ford's intermediate car, the Fairlanc. j jul Earlier rumor about such a possible addition to the! Scp Chevrolet line speculated on Chevair or Corselle as a/ I>( , potential name for the new car. I Mar j May I Corn ;JU1 Monte E. Shomaker, president of Brown Shoe Co., |.Sep revealed today that first half sales and earnings were j Dec the highest in the company's history. iMar The semi-annual report to stockholders showed!May that net sales for the first six months, ended April 30, ; Oats were $166,227,407, an increase of 2.5 f , over the $162,-|Jui 069,157 sales reported for the first half of 1962. '! S(1 P Commenting on the G. R. Kinney stains Mr. Sho-! Dpc maker said, "We are pursuing methods of divestiture for Kinney as ordered by a Federal Court. As we have previously stated, the Kinney acquisition has been a worthwhile investment. If the company is sold for cash,' p the sizebale capital realized will offer us opportunities for several avenues of expansion, cither internally or through re-investment in allied or diversified fields." white 74 ! i. Soybeans No 2 L, m , je distinctively and exclusive- oil 9 n. High Low Close 1.86 1.85 1 '* l.S7 7 s l.SG 7 fs 1.92 1 .;. 1.91',.i 1.92-'.; 1.91 1.86'a 1.83 Prev. close 1.87 1.92 1.92 1.86U 1.91 1.91 1. 8 1.24'i 1.231s- 1.23',i> 1.23% 1.21 7 -8 1.20'g 1.21'.o 1.20 7 * 1.16'2 1.15 :i .i l.lfiH 1.15% ly Penney's. Livestock Prices At East St. Louis NATIONAL STOCKYARDS, 111. — Hogs 10,000; (API most gilts IS.10; - (USDA) 1-2 190-240 17.75-18.00; mixed 1-3 Ib barrows and over 100 180-250 Ib head iMar i Rye ! .Iu I .OS's .70"., .71 7 s At Oil Institute 1.28 1.28' Doc 1..W- Mai- Soybeans Jul AUK 1.32M .70':i .71-A 1.27'i 1.27% 1.29 7 s 1.31% .fiS 1 .70-' 1.27% 1.27 3 4 1.30% 1.3214 1.27 7 ; 1.27-14 1.30% 1.32 2.fi2'i 2.KOVi 2.H2 2.62'i 2.(iOii 2.B2 jSep 1 Nov Ivan Maple of Maple Oil Co. has returned from jjnn Allerton Park, Monlicello, where he attended the 2nd: M!ir Annual Oil Burner Service Institute recently at Aller-lMa ton House, which was sponsored by the Illinois Petro-i leum Marketers Association in cooperation with (lie) Univesrity of Illinois Department of Mechanical and: 2.3.T' 2.5-1 2.54% 2.55'/s 2.53 2.52'/2 2.53'i 2.51 s 2.57>4 2.55 :i 4 2.501,4 2.55 2.00 2.58 7 « 2.59'4 2.57-' 2.02^ 2.01% 2.01'Y, — Industrial Engineering and the Division of University j Extension. Some 70 oil men from Illinois, Indiana, Iowa, Produce Prices At St. Louis ST. LOUIS (API—Eggs and live Wisconsin and Missouri registered for Ihe Instilute. Maple was among those awarded cerlii'icales at thej ])OU i tl . y: I-Jggs, consumer grades, A large 27-2S. A medium 23-23-1, A small 17-18, B large 20-27, wholesale grades, .standard 25-20'i, unclassified farm run 24-25, checks 20- banquet held the last day. Apache Camping Trailer Forester Trailer Sales & Rental at 3204 E. Broad- ho franchise; way is announcing that the firm is now dealer for Ihe Apache camping trailer. This is in addition to Ihe Yellowstone, Forester, Winnebago and Porla- Campcr already handled by the company. The firm 'has moved its location to a new and larger lot two doors east, although the street address will remain Ihe same. The service is owned and operated by Dale and Helen Olive of Alton. Par-Take Director E. F. liamel of 103 Dewey Dr., Collinsviile, has! been named an area direct or by Par-Take Inc., of Oak Brook, 111. As an area director Harnel will recruit men and women interested in establishing their own business or who are seeking promotion from their present positions to more rewarding employment. He svill "profile" persons according to a special analysis designed to fit the individual to the career for which he is best adapted. ! Hens, heavy 10, li^ltl over 5 Ibs 10-11. under 5 Ibs 7-8, commercial broilers and fryers ]7',u-18. fow uniform lots to 17.85; 2-3 250-200 Ih 17.00-50; few to 200-275 Ib 10.75-17.25; 1-2 150-170 Ib 15.0017.00; sows 1-3 275-400 Ib 14.2515.00; 2-3 400-500 Ib 13.75-14.25; 500-050 Ib 13.25-75: boars 12.00-75. Cattle 5,000; calves 400; slaugh- jtor steers few lots and small load ! choice 850-1,050 Ib 23.00-25; most (choice 851,050 ib. 23.00-25; most | choice 900-1,100 Ib 22.50-23.00; load good (o mostly choice. 1 near 1,200 Ib 22.25; good 21.00-22.00; standard and low good 19.50-21.00; load standard with a utility end 19.00; slaughter heifers bulk good and choice 700-900 Ib 21.00-22.00; couple part loads choice 875-900 Ib 22.25; standard and low good 18.50-20.50; cows utility and commercial 14.50-10.00; bulls utility and commercial 17.00-19.50; few |to 20.00; feeders load choice 850 lib ste-ers 23.50; vealers and j >ilaiif<htt!r calves moderately ac- itive weak to 1.00 lower; good land choice vealers 20.00-30.00; few choice 1 lo 31.00; goejd and e-hoice slaughter calves 19.5025.00. Sheep SOO; spring lambs good and choice 80-95 Ib 22.00-21.00; choice and prime around 85-95 Ib} 24.00-50; few utility and good 18.00-22.00; slaughter ewes cull to good shorn mostly 4.50-G.OO. ACCRA—Ghana now has a technical agreement with Japan. about 2 apiece. Lily Tulip was unchanged at 411/2 on 11,800 shares. Tennessee Gas Transmission eased Va to 20Vi on 17,300 shares and sold at 20% on 8,700 shares. Soo Line advanced about 2. Gains of a point or so were made by General Instrument, Ampex, Phelps Dodge, Admiral, Litton Industries, and Caterpillar. American Smelting also added about 2. Losses exceeding a point were taken by Chesapeake & Ohio, Liggett & Myers, Great Western Sugar, and South Puerto Rico Sugar. American Crystal Sugar Prices on 16 Mutual Funds Following is a list of 16 mutual investment fund slock quotations provided to the Telegraph by Newhard, Cook Co., through its Alton office. These stocks are selected on the basis of their sales and ownership in the area. The quotations are yesterday's closing. Issue. Bid. Asked. Affil. Fund 8.25 8.92 Broad St 14.40 15.57 Bullock 13.65 14.90 Capit. Shrs 10.82 11.86 Divid Shrs 3.46 3.80 Fid. Cap 8.75 'id. Fund 16.32 17.64 Fid. Tr 14.40 15.65 Fund Inv 9.89 10.84 Keystone K-2 .... 5.24 5.72 Keystone S-4 4.33 4.73 Mass. Tr 15.00 16.39 Mass. Grth 8.26 9.03 Nation W. Sec. .. 22.96 24.84 Nat. Inves 15.57 16.83 A. Etlson Smith, fifth, from left, retiring Wood River Community High School District 14 superintendent of schools, is congratulated by Tom Holland, president of the board of education, during a public reception for the SMITHS HONORED Smiths Sunday in the school. Other hoard members present to honor the couple from left were: Dr. Harold Hudson, Ed Mollman, Julian Ryan, Holland, Mrs. Ula Brazier, and Dr. Howard Davis. Tevev. El. 7.59 12 Selected Stocks Following are today's 1:30 p.m. quotations of 12 New York Stock Exchange issues research has indicated are widely held in the Alton area, as supplied to the Telegraph by Newhard, Cook & Co.. from its Alton office. (The New York Exchange closes at 2:30 p.m. (Alton time), so these are not the closing quotations). AT & T 123%, Gen. Motors 73%, Granite City Steel SOVi, Olin Mathieson Chem. 40 ] /4, Owens Illinois 81, Shell Oil 43'4, Sinclair Oil 44%, Socony 68%, Standard Oil (Ind.) 58Vt, Standard Oil (N. J.) 67%, U.S. Steel 51%, Sears 89%. Women Near Freedom TEHRAN — Sources close to the Shah of Iran say that full emancipation is on the way for the women of this country. 70 Juvenile Cases Handled In May Here A total of 70 juvenile cases, 1G involving girls, were handled by Cpl. Ray Parton, police juvenile officer, during May, a monthly report lo Police Chief John I-Ieaf- ner showed today. Of the total, GS were released after warnings were issued to the offenders and their parents, 9 5iI one was referred lo a probation or parole agent and the other referred to juvenile court. Soldier Admits Kidnap-Rapiug WAYNESVILLE, Mo. (AP)—A soldier has admitted kidnaping and raping a 3-year-old girl after drinking heavily at a farewell party, the highway patrol said Sunday. The patrol said the oral statement was made by a soldier stationed at Ft. Leonard Wood. 8.27 dropped about A. J. down about a court decision way for trial point that of a I. Case was following a cleared the $12.5-million damage suit against the company. Prices were irregularly higher on the American Stock Exchange. Corporate bonds were mixed. U.S. government bonds declined, responding to indications of tightening credit. Bad Breath Sweetens Mouth-Stomach 3 Times Faster Chew Bell-ans tablets whenever you think your breath may offend. Bell-ans neutralize acidity, sweeten mouth and stomach like magic. No harmful drugs. Get Bel -ans today 35fat druggists. Send postal to Be "™. s ' Orangeburg, N. Y., for liberal free sample. America's Largetl Selling TOILET TANK BALL The efficient Water Master instantly stops the flaw of wafer after each flushing. 75e AT HARDWARE STORES FILL 'EK Ur DAYTON, Ohio (AP) — Five women who spent a whole day shoveling four truckloads of earth into an eighl-lool deep hole, consider the effort was worth while. They were relatives of 3-year- (ilei Itickie Justice, who narrowly nusf'Wl drowning in a cistern. Af- OWIK.T olfered lo buy dirt to fill 'ii tin 1 hole but couldn't find la- boiers In dej the 1 job. The- child's mother, three aunls and a cousin pitched in — super vise'd by Kiekie liejin a sale distance. BAGHDAD— Sales of ulurs are' reported to be on lhe «hf near-lrayt'dy Uw; lund-.decline' in Iraij. OWN YOUR SHARE OF AMERICAN BUSINESS HOW FAST IS YOUR INCOME GROWING? Not Fast Enough, Perhaps, to Keep You Comfortably Ahead of Growing Family Expenses. Serving Alton Investors /or Over 31 Years NEWHARD, COOK 6? Go, MEMBERS NEW YORK STOCK EXCHANGE 002 Fiilt National Bank Bldg.—Altoo Phone; BO. 9-5581 EUGENE B. SHULTZ JOHN E. GREENWOOD Resident Manager Registered Rcprcsentaiive Our Ottice Is Open Saturday Mornings hole-House AIR CONDITIONING for less than 00 ^f n u n i Plui Local Installation Cost* And it's a Chrysler story... the hottest since air conditioning was invented. For less than $500, plus local installation costs, you can cool your entire home- as much as 2,200 square feet of living space, with Chrysler's Model 1140 air conditioner. Its 3 H.P. Power Miser compressor pours out 83,000 BTU's ol'cooling comfort,and it's a snap to install. RKMKMHKU, less than $500, plus local installation costs, for this whole-house air conditioner. j,'fj|, Let Chrysler help you with your air conditioning problems. Send today for your FREE copy of "Common Sense About Year-Round Comfort." Better still, pick up the phone and ask us to arrange a no-cost, no-obligation survey of your home. CANHAM Sheet Metal Corp. (NED WUELLNER, Owner) 1480 PEARL ST . HO 2*0614 IIH; ROEBUCK AND'.tiO'' 10-Ft. Fir Kitchen With Built in Gas or Electric Appliances $ 369 No Money Down Kitchen includes upper nnfl lower cabinets, counter top, sink and faucet. Phone HO 5-5511 For Free Kitchen Planning Service Free Kitchen Idea Book Sears in Alton TAKE ADVANTAGE OF All insurance is NOT the same. If you own a CAR, a HOME or a BUSINESS, it pays to check with Millers' Mutual before you renew your present policy. Phone today to find out how you can receive MORE PROTECTION AT A LOWER COST. No j Membership Fee. S. HAROLD (Cotton) ROBERTS Office HO 5-5551 After 5 p.m. 405-5318 MILLERS' MUTUAL OF ILLINOIS INSURANCB AUTO • KOMI BUSINESS YOUR MONEY EARNS MORE MONEY MORE OFTEN WITH PIASAS QUARTERLY DIVIDENDS When you save at Piasa you get dividends four times a year. You get paid more often—and you get paid more because Piasa pays the largest dividend in the Greater Alton-St. Louis area. Save by mail (we pay by mail) postage free. Write: Piasa First Federal, State & Wall Sts., Alton, III. For time and temperature, dial 465-4431. PIASA FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Account! Insuied to $10,000 by Fedoial Savings & Loan Insunnce Corporation Dividends paid for over 75 consecutive years/

Get full access with a Free Trial

Start Free Trial

What members have found on this page