European Stars And Stripes (Newspaper) - May 28, 1962, Darmstadt, Hesse Stars and Strupes my i a Vitoi f pc i a Page 23 fails to narrow Tiern inherit " w to " Basme icon Safe so re a i fan i irked a heir the Stiesi. ii and of invest res licks. /against1 govern meats cd -holding1 " president Kenedy Tord the in in iss conference at its of reset that a fusty and labor should co a perlite a raising production to k the benefits which. Work ryam1 it we Teh business ind it Nancian old role. Were la a. A. If Jcj Var it a Fetn i ref to or management and stockholders can Divide. A if be can operate this Economy at Dull blast,.then the division that comes out of that blast go ing to be a much easier tajik he said ". " the president asked-.the.200 con Ference members to drop their party labels and join the govern ment in trying to solve critical econ nil. Problems. But. For. Instance on i recent visit Here. Told of plans Tor system to a automate super Market be of not anticipate the immediate use of the popular credit card although he Sam this concept Basra future possibility bather he said the system would this. " " off i the mapper floors. Stock Index to Cal -th.ieielare. Three tall president George Meany con tool cd business Voss resisting1 government Pori. which you let create pm jobs and failing to support free Coll Tive bargaining a word Keener president of b. F. Goodrich co., called the administration f i h3elmes bargaining Tichtl and despite the bickering or. Ken Nedy snid he Felt that i private discussions the conferees showed Bijj to it Fript i. --"i.,. A tourist of a slither Ido j Spinall any spurt in a suites one. Sve i of in imply. Now a in stepped ii Trad a. The decide ice paralleled be a ,.s to c k in in to them Otel big mess. Do Ujj Vav revaluation in the Light of a i Milrie in inflation Ary pressures / Wrid Jasp Eads revela i on of. Questionable i., securities Dea song at the Sec hearings arid intensifying world Competition for Industrial Marj Petsi i to age v Tjie mos Active Issue a Nahaj aged on 1433go shares Foll being it consecutively in Turri Oyer Ivere Golf Arher Cait land Down 1?6, Mccury warrants off 1%, Webb & Knapp off 1a basins per Leum. Of she worlds Imambi Boom Advance Boa Kings in per Cerit this a Axl on a b w y 6 r k Topi stocks traded Over the counter last week tumbled sharply. The National quotation Burea Index of 35 representative Indus trial stocks Fen 6".69 Points from the previous Feek closer the inde closed at31&82the i West level in 1c months. Insurance stocks were clipped for heavy losses. Midwestern United life gave up i5 arid Bankers a Tiona life and government employees life each shed 9, int the Bank list. First National City lost 94f chemical Banjo to and Morgan guaranty 5. Odi Saiia ,.gas in the -._petrpr, i Usiri dec tropics Aeb Jet Oft. Ai Barnes of 5 Gian Nini of Ana Tec tint cat opera. -4 the ,10 most Active stocks tragedy on the Exchange. I Jast _ machines. When she came to the Case for say. Detergents the card would be inserted to ant opening it would activate machinery which i would hand out the desired number of boxes or bottles or packages of the item and record Ehe Price on the card the card then would he released by the machinery and taken to the next Bank of items sacks of apples potatoes packaged Ineat or what Ever the process being repeated until the shopper needs were sued. It she wanted to a said president of Vendo co. And has been working on the super " Market idea at Kansas City head quarters she could be packing up the purchases for carrying g out she went along instead of putting them into the cart with the idea of taking them out again at the checkout counter and repacking them for the trip he explained by this was Pas Sibley once shopping was finished the shopper would Tafee the card to the pay counter where it would be inserted in another computer o Uia Kinc which could add up the total from the individual amounts printed or punched on tie card. Amount displayed the amount would be displayed it . On a Cash Register and the customer then would pay in. Cur Rency into the machine of Neces sary the machine itself could give the Moulti be almost instant Reading of. The amount of the bin most Active list wee pet Gull. Weft but Kniff fit ruin pit mar tacit Pel univ con trod 31 00. Gen develop hot a to Len .9m 3h.7.bw to 76,toe 6% j4.000. J7 a. B2,000 a ii-,1.-.hew York upts Tow 3j mint took to did to the. New Yark Slock lilt week r sate. Hlali Law ant int to Tel 328,Flofl-hs54- u Ifsu. Stoml. 163joo s654 51% so a Polar of 220.600 4j .l2ir-Ijsa a Orrette 4i 39vt Motorj 2i7.70d. San "50 5b i Shin Wick 308.700 3jl j 27% att Igent 207 t2ot. 22% 20% ,2w z3v. 204 21 ism. 170.200. i 386 .398 y. So Oil no 900 s3mi w i St Sam and isj.7bb la . 8 a Refl St to. 54,400 38 Leott Elve be a Cystian that the Sharp decline in steel production was due not Only to inventory reductions by users who built big stocks prior to the labor settlement in. March but to a stowing Economy. Arthur r Homer press Deal of Bethlehem steel corp said he saw Lack of coat thence in the economic Outlook and called foe a. of Confidence. He said a lot depends on the attitude of the Goferm Newit in helping to broaden the Economy Welt its attitude toward improving the profit Ford meeting Henry Ford ii president of Ford motor co., told his company an Nual meeting that he was Conr corned with the adminis Teatino a attempts to intervene or Getty. In collective bargain Ling Sott the economic decision of business in. An Effort to hold a lid on costs and Al. D. Welchli. Chairman of Stan Dard Oil co new Jersey said at his annual meeting that the Shadow cast by big government Over Freedom of decision by management. a peril to economic growth the Stock Market took some stiff blows to the Chin seeing ballooned. Prices Felt to to Liefer lowest level in 16 months. Brokers said Stock owners were a started by the prolonged decline1 and were leap ing in to Salvage profits a Aarond further loss. Or Kennedy asked at his Neves conference it he planned to take any action to help the Stock mar Ket it it gets worse said i think the Economy which movie a steady la Forward the Best stimulant for the Stock Market the most natural one. The figures we have for april Are and indicate that the Leo Tyrny has a Good Deal of strength so that i believe that the stoic Market a move in accordance with the nerve ment at the Economy a general rule.". -1 ". " 1 a -.,. Factors Taye combined. The of of if Yecs open at what they closed Sec probe continues the securities and Exchange commission continued its bearing on practices in the securities in dust Rev delving into Over the counter operations and practices of salesmen and brokers Market letters. That aut Mablle Indus text colled along the brightest spot in the Economy building an estimated 154,000 passenger Cara last week compared with 153 j10 the week be fore and 129442 year ago steel production last week sagged for the seventh consecutive Wek with output totalling if Maui of tons off 5& per cent from the preceding week. Some pro dithers were absorbing freight charges to an Effort to cultivate orders from Distant customer. Tool orders machine too on Fen tis april. S in wit i t7iesala Tor 1962 to ficonik5a4.i.ini"fllibn,. , Doii t stocks Bacn at Ute same Pii isei sat which Urey closed Stockt. Or Are det firmine Fay the Sii Riple Law of Supply an demands it there Are. More orders not have an extreme change in Price Between sales. He will pair off buy orders against sell of dvrs. U there Ace 30.000 shares of Stock to buy at the Market and Only 10.000 shares of Stock to sell at the Maikut. These orders must be of chef at the opening transaction. Since there Are More orders to buy than to sell the Stock which closed at so might open at $63. On the other hand it a Corpora Tion announces a drop in earnings to guv v .11 u Jav. Of i a. --.-. � i Are More orders to sell restock a members culled a specialist one and a Cut m the dividend there declines Price n0tttbck-Cjosev of his duties base Best of might be a Rush of sell stocks at Bhe Day at a and the corporation forts to see that the Stock does the open no Sale the next Sulu in the Stock and an increase in the7 dividend after the Norket closes there la a Strong possibility that the Stock will open the next Day at a of Ufier Price this will be caused by Many people calling their. Brokers to Blythe Stock for them before the Stock ice opens the next Day so i Hap they will be. In. Time for. The opening. J on the floor of the new York Stock Exchange Are the members to by Ivy the Stock rises if there of. The Exchange. Cie of these-i�,.T�,Iii,--"�". Ii of a to in to Moth to isonlfed1 n special Tat. Dipped to $62 million fro7� million in March but for the first four months of the year went to $33- m Ilion com pared with a Fitts my lion a year earlier. Briefly around the business scene the interstate Commerce commission hearing on proposed merger of the new Yorr Central and Pennsy Rva Tia Rahro Wax set for aug 20 Only 6.5 Mohow of the tit Lon 53 Milton House holds have some stir Condo woning assets of corporate pension funds increased s3.7 Bison in i9ki to a record $32.4 billow. Airt nes a i spend Ai estimate ?5 billion through 1965 for a let age t Moder n Izat ton
