European Stars And Stripes (Newspaper) - March 5, 1962, Darmstadt, Hesse Thl stars and Stow on otc9 Market Boa i youth oct the Nib i estimate that As corporate and gov a re traded i with about sues finn in activity up continued Oil issues featured higher and More Active on the Ai american Stock ust week. R Tor the period amounted i shares compared wit the prior Holiday week 985 to the comparable1961. The Rao to Active list Petroleum up Elican Oil up great industries unchanged a up 24 on higher and great basins Petro consolidated Oil failed the Active list but scored of 4i4 on news of a take in the electronics. Audio climbed 2 on higher earn Trejet Rose 1%. Technical added 1% and Heinec kits fell 4. Stock dividends the stores Bohock Trad Tost % after it would pay future dial partly in Stock instead of ssh. And Carnation dropped chem rough Penafl climbed 1% cosmetic where dipped 214. "4nken was the chemical stand with a loss of 6. Liberty fab to coded 9 among the textiles and Rose 9% in the drug see Metal highlights were steel Canada up 3%, on a 4-for-l new York Honduras Rosario and molybdenum ahead 2%, Fth for earnings and Market ust jugs sent Murray Ohio up 8si. Container added 54 on Theof a dividend hike and amended Globe Union was up test general fireproof , Power corp. Of Rogers puerto Root Liand Kirkeby natus were 2 or More the last reacting of it president inner York afr disaster. 1 com climbed 2% an coast corp. 3. Id most Active Voeks ust taut i am Oil 1m.m9 com chm i a a a Tittl crr 77.wo him. Hia i -2 4 4jooo issues listed by All Stock Exchange. \._. "4 Tor All its variety and age As method of sex Ritte trading Dun s air few in a recent Issue describe the oct Tat a Market riot entirely understood even by those who use it a major position in a unities trading not Bank an insurance stocks Many Public utilities and Mutual they keep in touch with one another through Telephone Tele graph or private wire system itis a negotiated Markei rather than an auction Market like the exchanges. A broker with something companies a port radio corp. Of America ". Had record sales in 61 n2w York up radio America announced record sales and slightly higher earnings in it annual report for 1961. Earnings for the year were$35,511.000 or $1,95 a share com pared with $35417,000 or $2.10 in1960 the decline in per share profit a ecu tiled for by a substantial increase in the number of shares. Sales for the diversified elec tron Kex giant tapped this Bil lion level lot the first time. Actual revenues were $1,545.912,000 against$1,494,896,000 a year earlier. Santa Monica Calif. Dpi Courtat aircraft co. Showed a fall year of profit la 1m1 for the first time mince 1058, u was made known in the 1961 annual report to stockholders a net profit of &987,000, or$1jm per share for 1961 com pared to a Twa of 110,420,000,or s5.09 a share the previous annual report said missile and space Eon tracts accounted for $402,198,000. This was u2 per cent of the government Workin the backlog and 6347 per cent of the total company backlog los Angeles up North american aviation inc., sales Niny reach $u5 billion this year presi Dent . Atwood told the annual company had record Bates of 51.2c billion last year. The Back log of unfilled orders for which funds already Are committed presently in $1.1 billion at Wood s a Rise of $170 million since the company s fiscal year started oct t new York 1upu America Home product corp. Reported Ita 1961 profits Rosu 9 per cent on the general electric co., reporting record sales for 1961 said it was not possible to determine the future financial effect of the approximately woo damage suits died against it another manufacturers under anti Trust statutes.--.,-. The company said sales were$4,456,815j69 d u ring 1961. O r 6 per cent above 1960 and 2 per Cen above the 1959 previous record. Earn nos were $242,078,957, or $2.72a share tin increase of 21 per cent Over i960 and 14 per cent below the 1959 record. A Page of the report was de voted to a report on the antitrust cases. It reiterated a previously expressed stand that be is trying to work out with the department of Justice the provisions of consent decrees to resolve civil suits which accompanied the antitrust indict ments brought against officials of the firm and ruled upon in 1960. Be and other electrical manufacturers have been named defendants in suits by about 450 Custo mers who claimed damages during the period of the alleged antitrust violation. The final Resolution of these cases May require years of litigation and negotiation be sold. Westinghouse Outlook poor for 1st Quarter Pittsburgh up the management of Westinghouse corp told its shareholders that the earn Ings Outlook for the first three months of this year is poor but improvement is expected for the full year. The electrical equipment manufacturer reported previously that 1981 earnings slumped to $45,446.-000 or $1.23 a share from �79,057,000 or $2.22 a share in i960. The com Pany blamed the poor showing on increased costs in the face of Lowe sales and lower prices for some products. . Exchange s most Active list new York up the 30 most Active stocks traded on the Newyork Stock Exchange last week a tilt hath to Lei a Fang 274.400 39h or Tail dutch Bruni lieu in m1r Sid olt Nigut Abby in Al pm n a Kong Tel 59 12h i in d theft to Rte a ran to Tolan in a Furt of lfie.300 it i 16v. 4 4 non 109,100 � a 104.100 4h 13 jk.300 is /. 96h 2 a 1714 14v. To buy or sell Over the counter shops around for the dealer to give him the Best Price s there to no elaborate it Leicer s Tern such As the exchanges operate for keeping track of changing sales and Price changes. " but the Nib the National to Talon Bureau reports daily qui rations on about �000 issues and the Sta says that in a Veaves time the Nib will publish them on about 30,000 individual Fossae so most of the 8,000 Etc Velge Trade stocks and the name of tour dealer who furnish the quotations on each May be found on the Bureau s Pink these Are lists of Price Sand names mimeographed f by the Nib on Pink paper and is med Dally to Nib approved broker and dealers. The Sta makes Clear that the Pink sheets Are not supposed to provide a hard and fast Price us such As you might find on the counter of a grocery store the give information for the guidance of traders -. V f prices the Usta said May change Between the time the i formation is collected and the Timeon the following Day when a trader May be asked to quote firm Price son what he will buy or Subj 422 complaints filed on counter firms new York up the nation Al association of securities Deal ers inc., the self policing Arm of the Over the counter seer totes Market reported that 422 Mala complaints were made against members in 1961, the highest num Ber for any year in the history of the association. ,. This compared with 339 com plaints made against members in. The annual report of the Nash Stald that 41 members were expelled and 46. Registered representatives lost their right to do business in the Over As a result of r violations of the association s code of rules and fair practices. This compared with33 firms and 36 individuals who lost their trading rights in i960.wallace h. Fulton., Nash executive director told a news Confer ence in connection with the re lease of the annual report that some underwrites of so called hot issues Are refugees Mun the quit olt us it Tot boiler boiler room operators Are High pressure Fern to us salesmen who often operate put of a phone Booth v _.-. L Pulton noted thav the nas0 to currently a ust of 66 hot issues. A i ithe securities & Exchange com Mission Seo presently la ing information for hearings on the trading., policies and practices of the Over the counter firms 4r-, part of its Broad based in Vestiga ton of All the nation s securities. Markets. " Mart proves irregular new York a Fiji Stock a wer irregular on the Over the counter Market last week. A the National quotation Burea Index of 36 representative Indus trial stocks closed at 142.62. Of 0,01 on the week insurance issues showed Frank Lin life Oft 5, life insurance co. Or Virginia Oil 7 and general re insurance up 6. Banks of new York up 4 act Frank in National Bank and Morgan guaranty off 2vk among the industrials. added of to Yino industries vaulted 13. Tick picked up 436 an Portland general Eta Tajc gained d 4 while e f inc Dona tacked on a Monroe Auto equipment slipped 9. Kalvar1 plummeted 2, Roadway express dropped Shi an Ionics slipped 4%
