Discover Family, Famous People & Events, Throughout History!

Throughout History

Advanced Search

Publication: European Stars and Stripes Monday, April 23, 1962

You are currently viewing page 23 of: European Stars and Stripes Monday, April 23, 1962

   European Stars And Stripes (Newspaper) - April 23, 1962, Darmstadt, Hesse                                23, math stars and Stu pics Page 23 broadcasts of flight information airing bad news9 on delays if Osk sortie  another use for the m planes by through. Hire Atlas the air Waves of radio broadcasts hold Erb frequent up Ute flight information. A to reduce the num rate customers or friends Iti Effit Holder who arrive at Only to learn the flight awaiting is two hours late.2 to lighten the Bur Are qom Edwy warped by Tail m soon As the weather becomes  carriers question whether it is Good policy to emphasize bad publicity any More than Neces sary. They feel that telling the Public their flights Are late or grounded because of poor flying conditions is just that Eastern air lines one of the leaders to the flight information by radio plan scoffs at the bad publicity  lot of people advised us against distributing such negative information a spokesman said. But we think differently and we decided to give the Public the bad news with the Good news. Apparently the customers like it on March i Eastern inaugurated a test program of 12 broadcast daily Over four stations in new York Boston. Washington and Miami. A favourable response an reduced pressure on the airline s Busy reservations phones brought about an expansion on april 1. Now Eastern sponsors 19 one minute flite facts on the hour from 6 . To Midnight in 10 Eastern and Southern cities. Eastern said the broadcasts will Tell Trio Public just what the Flynn conditions ire nod How the flights Are r u n n ing with no punches  i airlines which has pending � merger proposal wit Kasti in Tonkos in opposite Posi  broadcasts Wren t a Public service but n Public disservice spokesman said. We do not believe 1hey Are helpful and we discourage the idea whenever and wherever it comes  lines Twa United notional and Mohawk Are taking part in n Nons Onsom flight in formation broadcast Over n Boston Randlo station 33 times a Day. Two others withdrew their cooperation recently. Says United air lines we feel that the Boston Experiment with ratio flight information is useful because it does perform a direct service to the  trans world airlines sort that itis studying the id a of expanding outside Boston and will await evaluation of both the Eastern plan und the Boston Experiment. Business fed up in Light trading Stork turd a heavy of Stock issues on thex Cletuis e managed to id Light trading last to the abbreviated Holiday period amounted chares age list  and 1sjm748q in i fraction was the most ten the Aroe pfc on Mboob shares alter by both the com to government that Goto to buy out the followed v in turnover by arrant up 34, reinsurance it up it. Great american tip " and Magellan Dorti 4.electronics, where Price on semiconductors and Lent wits reported to suing. Aero Jet gained 5,1%, microwave 314 and Eleo Spect uses 3%. Gained 6 a in the autos Ite explosion 9 workers Pedro. Calt Cap a Gas teak aboard the eng a explosion that in men working on the missile frigate. At Sao Pedro com Hospital said three of the were in serious con a Navy which is elated to Iwry of the $50 million vessel in tnld4b63, sold was minor. Pittsburgh railways 23& among the carriers and Universal consolidated 1% in the oils where Occidental lost  climbed 2% on plans to shift voting control of the company to the common Stock. Pep boys fell 2% while s. Klein gained 4%,, which to merging with Bess into a new company climbed1%, and Avis industries wish was recently taken Over by Lazard fires. Gained 2ft. S gains of 2 or More also showed in Ayrshire collieries bearing Iron fireman Kawecki chemical Dora test Emery air steel parts. Stone Container National re search. Permain and Reliance insurance. Southern Royalty an giant food were Down 2 apiece. New York up _ the most Active stocks traded on american Stock Exchange week site Daw brett.? t4t, 4% attic with a in Tom so 94.706 a a film i /,7,m la 7tmo to hot a tort  a fit Fiul Frt c7.7� s i Glt an to c3.70q ii ten the lost a a retail sales expected to Rise 11% in 1962 new York up Retan Sale this year will expand by about 11 per cent Fortune Magazine said in its annual retail Survey. Prospective increases Range from5 per cent in clothing to 17 per cent to automobiles the Magazine said. Fortune also said real income of the american people has  recently at the rate of about 1 or tent a Quarter. Study shows effect of space age on 50 largest defense contractors new York up recent healings in Washington on the High costs of keeping this nation s guard up to Date have revive attention on the great number of leading american corporations which have a major interest i supplying defense materials. The Senate government operations subcommittee hearings i Washington have been entered on procurement practices and on the a Rolls shown by prime contractor Sand subcontractors. These figures Are of interest to government which pays the Bills and of course of interest to investors who have shares in companies with government  Exchange monthly Magazine of the new York Stock Exchange has issued a new study on the effects of the space at on the 50largest defense suppliers whose shares Are listed on the big  the fiscal year ended june 30. 1956. Said an article written by Marvin l. Krasnansky. Assistant editor of the Exchange almost 33per cent of the defense depart crisis in College admission called just an illusion hew York up Prudential insurance co. Lies released a study calling the present crisis in College enrolment a statistical  the report prepared for Pruden tial by College admission experts should prove reassuring to most students planning to go to College the insurance firm said. It indicates for instance that of the More than Zogo colleges in this country Only 100 to 150aie really hard to get into. Also Hall of ail College applications Are sent to fewer than 10 per cent of the colleges and there Are 25,000 to 50.000 empty seats in Many Good colleges. The study is entitled facing facts about College  and it reaches the  in the nation there is a College for every qualified High school student with  l imports from Europe decline Europe in february a were Down Moder january hut larger than 19s1, the Commerce  increase Ini Fawn West Germany valued it 5t&3 ?57 i6msl on Inland i fid million in feb the 0atted of Flag Mil to the imports  including the communist bloc i february were valued at $367.3 million against $376 9 million i january and $298.4 million in february 1b�lujs. Imports from scandinavian countries in february compared with january 1962, included Sweden lfi.5 million against 915.9 million Norway $48 million against $7.3 million Denmark. $8.6 million against $12.1 million and Inland. 56,6 million against $4.6 is. Imports Froin other euro Pean countries in february comp re with january Eire $3.4 Mil lion a Airt $3.7 million the Netherlands fl&5 Muon Atalit St $1 million ,s32.8 million against $34,7 million France $39.8 million against $42.4million. Czechoslovakia. $900.000.  Austria $3.8 million against $3.5 million Switzerland $13,8 Mil lion against $13.5 million Poland Dat Teig. $2.7 million against $4.5tnlllion soviet Union. $600.000 against $u2 million Spain. $7.4million, unchanged metropolitan Portugal $5,4 million against $4million Italy $31.3 Lillon against $32.4 million Greece $2.4 million against $4.9 million Turkey $12.1million against $17-3 million and Yugoslavia. 55,1 million against million. Rnell s prime contract awards were for manned aircraft and 5.6 per cent for missiles. By fiscal 1961, missiles were Tak ing 25.6 cents of the defense Dollar aircraft 21.5 cents or Down nearly11 a cents. Spending for electronics la the same period had risen from3 cents to 13.7 cents j in the current fiscal year about$945 billion in defense department prime contracts Are anticipated. Tie Impact of the space age nonmilitary suppliers is More than an academic question to investors commented the writer. A list of the 50 leading defense Conti actors made by the Magazine showed that those listed on the big Board had 65.4 per cent of the prime contract awards made i fiscal 1961. Compared with 57.1 per cent in 1957. A five year composite of the.50showed that from fiscal 19s7 through fiscal 1961, these companies accounted for almost $67 billion or 62.5 per cent of All Prim contract awards. The five top companies in the period were general dynamics Boeing Lockheed. General electric and North american aviation. They accounted for 24.6 per Centof the prime contracts the top 10 won 33 per cent of All awards. Alu m in urn insert adds tire safety Houston Tex. Up Alu Minum co. Of America announced it hag developed an aluminium safety spare concealed within each tire of an automobile. Alcoa said its positive traction rail insert wll support a loaded car for Many Miles of travel after tire failure and provides sure Protection from Blowout hazards. Two cast inserts each a Hal Circle Are fitted and bolted around the wheel rim during tire installation providing an extra wheel sur rounding the Standard wheel rim Assembly. The insert extends about three inches into the air chamber of a Tubeless lire. Capped with rubber it supports the car in the event of tire failure and extends mobility under these conditions for a considerable duration of time Alcoa officials say. Of contract lipped for Bendix aviation Washington a 32vt real of Tab i2�.ioo us Xiv Tki Oti Iii,l�0 33 him it Gin it a  we my ii4.mq jul i by to  to Vau in  9i,j i Toniee How wet 14% an hut  Zta �  4, Cha fim Eta  74%  hubs my s3h no to i i. A i go  a a a to  
Browse Articles by Decade:
  • Decade