European Stars and Stripes (Newspaper) - May 06, 1963, Darmstadt, Hesse Monday May 6, 1963 the stars and stripes Page 23 Outlook hopeful to Avert strikes in steel rail industries by Jack Leflor new York consider unnecessary. The Union could strike june 11.a month after the Bofird in it hed Fulcd to report a sell 1cmi-ni proposal to the president. Judge Samuel i. Rosenman chairman said both sides had industrialist sees Boom for fiber Glass panels White Plains . Up it won t to Long before we re lev ing in a largely translucent and transparent world believes Hubert Aronson head of Al Sylte division of Reichhold chemicals inc. It should t be hard to guess that Aronson makes translucent building panels of Liber Glass and polyester and transparent panels of polyvinyl Chloride. Translucent fiber Glass is by far the More important business he said. The transparent plastic pan Els Are a replacement for window panes where o High safety Factor is needed and justifies the the fiber Glass panels which come in Many colors and Man textures now have found an enor Mous Range of uses. About $60 Mil lion Worth were sold at retail lost year. This should increase by 90per cent in Tho next two years Aronson Glass panels began appear tag on the Market in 1947 but their Over counter issues gain new York up Indus reals insurance issues and Banks were All higher in last week s Over the counter Slock National quotation Bureau s Index of 33 representative Industrial stocks Rose 1.75 on the wee closing at its High on Friday o 13sjs9. This Index reached its Low for the week on monday at 134.16among the industrials govern ment employees Rose 4v4, own pro ducts 2%. Talco products 2tt and Nikon corp. 3 i. Charles Bruning however lost 3 , life gained 3tt in in insurance group where Connecticu general jumped 0 .4 and Southland life Rose 8. In the tanks ban of new York Rose 3 and Morgan guaranty 2v4. An Exco earnings gained in 1962 new Vork up american exams co. Earned 2�? a Sharlash year against s2.06 a share i 1901. The annual meeting wan told president Howard u Clark Salthe upward trend in earnings on Sals has continued so far thl income from operations 1 1962 was 186.4 million up 11 be cant from 1961. Ice Tanee was slow at first. They were Loo expensive to to Loco Ordinary pan eld to any sex cat so they Hod to carve out Lear own Market for Orna Lenta awnings Patio covers dec partitions fences and storefronts. The panels compete with Flat lass and sculptured Glass now Tough wherever total transparency is not needed. Greenhouse Rop tetors Are shifting generally fiber Glass. Some states now Irbid Flat or plate Glass in stall Hower partitions and doors As a safety measure and fiber Glass has taken Over. Fiber Glass panels Are being use Dor skylights Luminous screens Ellings Large factory windows milk shed and poultry House Rooff and Walls clerestory windows in Homes and factories of As for plate Glassl oors. Smaller pieces of coloured Iber Glass Are used increasingly incur nature and Cabinet work and in outdoor illuminated advantage., fiber Glass has advantages Overlot Glass and Over acrylic plastic although it is now being Combine with acrylic to get particularly film surfaces. Aronson lists these it is shatterproof. It takes something like a Bullet or a Hammer blow to break it it is so Light even my sheets 01 t can be handled safely by do i yourself Era. It can to drilled and nailed Cut easily no delicate glazing work is required. It can to put up in a Sandwich with air space Between layers of Cru lating value. If it docs get damaged u can repaired with fiber Glass cloth an polyester resin quickly. It resist corrosion and heat ant cold so Well that Al Sylte Guaran tees it against deterioration for u to 20 is easy to color uniformly Ani make in corrugations and pc cat ii is so Light and Safe t handle. U can be marketed by alms to any kind of store on a take Home basis even in big sheets. United reduces losses Chicago up United Alines has reported a 30 per Cen reduction in losses during the fir Quarter compared to a year ago diners club sign up eight hotel chains new York up the Danei club said it has signed credit con arrangements with eight Leaden hotel and Motet chains and Tho these could add up to 50 per Cen of the club s Billings after May the chains include Holiday inn Quality courts. Schlune Hote Knott hotels. Hull hotels. Cor Rig or hotels and the h. R. A lesser corp. Business finance amex stocks 7p slightly in Light trading new York up stocks con inked to move ahead selectively n lighter trading on the american Exchange last the period 5566,065 shares hanged hands. This compared with .081,110 last week and 5,971,718 in he same Span of 1962.kratter topped the amex in with a loss of k to 0. It ind other real estate concerns were upset by reports new Yorks planning a crackdown on Sellers of realty it in turnover Wai Canadian javelin up to 13. there was no specific news on the company u is known to be Ryling to interest japanese firms n the development of its Vas Canadian mining properties. Other heavily traded issues wer Mccrory warrants Down k More to 3tt. Following the action of its Ommon Stock on the big Board technicolor up a Point to lift Ani Michigan sugar unchanged at 514, syntax remains Active syntax remained Active and vaulted 4% More Points in the drug apparently still influenced by last week s presidential endorsement of plans by the United nations and other bodies to distribute birth control information throughout Thi world. It is a leading producer of ingredients for contraceptive pills. Electronic specialities Rose 1% inthe Glamour list. Ford of Canada 2 i in the autos Hartford electric2 ,. In the utilities. Helena Ruben Stein 2% in the cosmetics an molybdenum 3 in the metals. The w dest moving features in the general list included Murray Ohio up 37., padding ton ahead 3 .4 Talon up 3% and Speed o Pron Down h1new York up the ten most Active storks traded on the american Stock Exchange Las weeks in Clatk Mattw ii1.7m Ollil 2 is1.im 1 /4n.ms 11% w s7.7m i i h h automation beeps buyers engineers say Chicago up cum Auto mat Ion if you want to. But a Hancs Ore saving you Money Harr Conrad said is general manager of he american society of tool and manufacturing engineers which held a $15 million Trade exhibit Here of the latest in space age main i nes. Despite rising labor and product Ion costs since 1939. have been Aue to hold Down costs to the consume and Ven reduce them in some not Nuncci Conrad Bald. Price of automobiles sporting oods and furniture have gone up t to 3 per cent he sold but re . Television sett Wash no machines ranges toasters radios and vacuum cleaners Are Down some As much As 15 per cent there is Only one Way Manu Actu Rera have been Able to achieve hese Cost reductions he said that is by increasing their productive capacity by getting better tools to work Quality control Conrad said still greater phases must be placed upon Auto mation and Quality control in the future to meet growing compel lion from foreign producers and the precision needs of the spaced defense Fields. Only through automation cantle manufacturer turn out More and better products for less Money and keep from going under from n some willingness to move but added the movement lion been very Little and i m not throwing my hat into the proposals in Boeing averted a scheduled walkout of 26.100production workers t h u r d a y. President Kennedy in Ned with the International of a Chen Lutts in to Lintini Ommittee Thil the proposals he to a nil mention Slort Indus re posted us 13th consecutive weekly production gain although he Rale of and Vance slowed output moved to2.54r.qoo tons up 1.1 per cent from the previous week. The flow of orders accelerated by strike hedge buying pushed the Industry opera Una rate to about b5 per cent of capacity. Price Inci-mm1 indications were that the recent elective steel Price increases have set off a wave of Price increases and prospective advances in other and us tries. A Survey of 40 Indus real concerns showed that about half have raised prices 01 plan Todo so. There was no setup in the car mild inn Boom. Production of Pas Senger cars last week was estimated at 158.000, up from 156-147 the previous week and 149.582 a year ago. Automakers plan to build More ban 2 million oars this month Arnst 185 million in the 1963 Sec Ond Quarter indicated production or May was about 720.000, a gain of 7 per cent Over May 1962. More fuel was poured on the ires burning for income tax re Secretary Douglas do on told the chamber of com Merce that the pc Nom Outlook u so promoting that the estimated hut billion deficit in the 196341 Kennedy budget May be Cut by is billion. This he contended furl she firm budgets $16 million for Iran Oil center1 new Vork up a run pan american of co. Bus announced -. Plans to spend Sis million for fall titles to handle crude Oil pro duo 1 ton from the Darius Field in the persian additional s12 million has t / been committed for drilling Andi in development of the Field the Corn it Pony s first commercial discovery \ � in the Middle East according to l. Chase a lots or. President of Amer ican International pan american is jointly owned by the National iranian Ohio and by a subsidiary of american International which itself is a subsidiary of Standard Oil co. new installation to be located on Khurgi Island in the per Sian Gulf will be Able to process 100.000 barrels of crude Dally and will include submarine flow line sepia ton equipment. H Aztlan unit storage tanks Jad u Marine terminal. Construction is to begin immediately and be completed in old Iyow Bechtel corp of san Francisco will supervise the Darius Well s one of the the Cost Price he said. Conrad admits that some adjustments will have to be made in labor As automation continues eliminate some jobs. But he Salt the working Mon will Benefit in the Long same thing happened in England when they went from hand to machine weaving a started the Indus trial revolution he every one of the 460 too and equipment builders repre-1hen Ted at the show displayed some Type of automated machine or equipment. More than 40,000 Engi Neer attended. In Millionth a Swiss firm showed a milling and Boring machine Selling for a 5.000. Tonti it claim in ii ecu Rale to 1 million i is of in Inch it i used Tor in knit till Puac and Cai engine Purl and Mixelle device san Indus a enl Taw has in Edge of Diamond and in precise enough to Cut nip thin trn Otlmor controlled by punched cards or Iam Mnich of men. In Suring identical products Ever time were much in evidence. One device machines a work piece and changes its own tools even More reason for i Tung taxes. A tax Cut when the Economy la reasonably buoyant would a fsr More effective in carrying us to Ward full employ n in t than a tax Cut when the Economy is merely limping he Bald. Want tas Cut also railing for tax cuts wer John e. Horn head of. The Small bulness administration and Henry Bison Vrh general counsel of a National association of retail grocers. Manufacturers new orders climbed to record $348 billion la March with orders received by Iron and steel producers a lamp 90per cent from february the com Merce department reported. Briefly around the business Cone Ford motor co. Will spend w5 million to expand car truck Assembly plants. Amerl cons investments in japanese is curl Les climbed by 140 per cent u1245 million in the year ends March 3l . Exchange s most Active list new York i up i the 20 mos Active a leks traded on the new York Stock of Ohn Nite Ian week ilk it nil i hit Stu 1% 14. It 11% . Sam cum is � pm us a to Mam 4 m a a to a not to la i it Emu it u ii lit Miltn largest offshore producers in the when it a coxes that a Bill is Wear world. I ing out a to him. At4f Pri. K lot pm urn cum in a my tit Tab its pfc 0h 1m Imam a we a 1 Zimm 1mb Utt 11% 4i a -14
