Market climbs modestly amid active trading sessions
The Dow rises 0.75 to 888.12 as 1,514 NYSE issues trade, 715 gainers versus 551 decliners. US Lines jumps 11 percent on Walter Kidde offer. Lionel, Seeburg, Outboard Marine and others post gains amid inflation signals and tax sale timing pressures.
MENTIONED IN THIS ARTICLE
New, York
New York Stock Exchange
Wall Street
Associated Press
U.S
Walter Kidde & Co
Kidde Co
Walter Kidde
Lionel
Seeburg
Marine
General Precision
McDonnell Douga
Moore
McCormack
Cruise ships ride a high tide as winter voyages boom
The article notes a surge in midwinter cruises, rising from 65,000 in 1952 to about 400,000 this year, while air travel expands and ship travel to Europe shrinks. It cites the Queen Mary losses, rising air profits, and a possible ship shortage by 1975 as cruise demand grows.
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John Cunniff
New York
North Atlantic
Europe
The
Orient
J M Hutton Jr Dies Cincinnati Broker
James Morgan Hutton Jr senior partner of W E Hutton & Co stockbrokers died after a lengthy illness at Holmes Hospital in Cincinnati. The firm with offices in 28 cities was founded by his grandfather W E Hutton. Hutton joined the firm in 1922 and is survived by his wife Marianne Wurlitzer Hutton a son James Morgan Hutton and his mother Mrs Sarah Johnson Hutton. Funeral plans had not been finalized.
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Cincinnati
Ohio
UPI
James Morgan Hutton Sry
W. E. Hutton & Co
Holmes Hospital
New York
Hutton
W. E. Hutton
James Morgan Hutton Jr
Grandin Road
Marianne Wurlitzer” Hutton
James Morgan Hutton SH
Sarah Johnson Hutton
Holiday in London Markets Closed for Boxing Day
London stock and commodity markets were closed on Tuesday in observance of the Boxing Day holiday. In related science notes, photosynthesis in green plants involves uptake of carbon dioxide and release of oxygen.
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London
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