Stock Rally Fades as Market Drops Sharply
New York investors saw a late rally fade as stocks sold off led by aircraft electronics and industrials. Dow Jones fell 16.32 to 852.83, the AP 60-stock average slid to 308.2, and the S P 500 dropped 1.96 to 83.83 amid tight money and uncertain Vietnam war signals.
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New York
Palman
Texas
Federal Reserve Board
Congress
Associated Press
Standard & Poor
New York Stock Exchange
Dow Jones
Senate Bids To Wind Up Aid Debate
Senate leaders push to finish the foreign aid debate as Vietnam looms large in talks. Kennedy proposes a committee to revamp the program while Mansfield seeks a quick vote and limits on year long authorizations. The stock market closed modestly lower with airlines and aircraft shares tumbling on strike pessimism.
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Senate
Mansfield Mont
Robert Kennedy I
D-N.y
Johnson
Foreign Relations Committee
House
Latin Alliance For
Kennedy
Russell
D-Ga
Morse
D- Ore
Vietnam
Dixie Democrats Seek To Delay Civil Rights Vote
The House enters a second day of debate on the civil rights bill as Southern Democrats vow to delay the final vote. A rules change limits delay time to 21 days while opponents plan roll calls to stall progress. The bill includes housing discrimination, jury selection, and voting rights provisions amid a tight 200-180 vote on moving forward.
MENTIONED IN THIS ARTICLE
Dixie Democrats
Washington
House
Syria and Israel trade charges at U.N. Security Council
Syria and Israel again traded accusations of aggression before the United Nations Security Council on Monday. The two nations presented rival complaints, each blaming the other for hostile actions.
MENTIONED IN THIS ARTICLE
United Nations
Syria
Israel
Security Council
Chuckle on Judgment and Experience
A witty observation notes that good judgment stems from experience which itself grows from bad judgment. The quote emphasizes learning through errors and refining discernment over time.
Robbers Fire On Armored Car Outside Boston Hospital
Two armed men robbed an armored car of $60,000 at the Veterans Administration hospital in Jamaica Plain. Three masked gunmen shot the two guards as they approached, but neither was seriously wounded. The incident occurred Tuesday in Boston.
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Boston
Veterans Administration Hospital
Jamaica Plain
Hosital
U S Troops Targeted as Viet Cong Shell Cu Chi Post
Viet Cong mortars hit the U S 25th Infantry command post at Cu Chi 18 miles northwest of Saigon with light American casualties reported. U S air forces pressed attacks through monsoon rains on targets around the frontier while Marines hunted remnants of the North Vietnamese division.
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Saigon
U.S
Cu Chi
17Th Parallel
Laos
Hastings
Command i
Demilitarized Zone
Air Force
Navy
Marine
North Vietnam
Hanoi
Eight Indictments Filed Against Richard Speck in Nurses Slayings
Cook County grand jury returns eight murder indictments against 24 year old Richard Speck in the killings of eight nurses. Indictments follow witness testimony and may allow up to eight trials if needed. Speck remains in a hospital jail wing for safety related wounds. The case involves a mass murder at South Chicago Hospital where victims trained.
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Chicago
Cook Country
Richard Speck
Ilo
Edward Healy
Criminal Division of Circuit Court
Speck
Daniel Ward
Josephine Chan
Miss Amarac
Bjornsen Sells Cedar Rapids East Town Place Apartments
John C. Ricci of Iowa City will acquire the East Town Place apartment buildings at 220 Twenty-eighth Street Drive SE and 225 Twenty-ninth Street Drive SE from Bjornsen Investment Corp. Possession is set for Sept 1. The 36 unit and 24 unit buildings have assessed values of 82 015 and 54 465 respectively. Realty firms Barvinek Wilkinson and Gralund negotiated the sale.
MENTIONED IN THIS ARTICLE
East Town Place
Twenty-eighth Street
Twenty-ninth Street
John C. Ricci
Iowa City
Terry R. Bjornsen
Bjornsen Investment Corp
Cedar Rapids
Twentyninth Street Drive
Twenty-eighth Street Drive
Jim Barvinek
T. J. Wilkinson
Realtors
Chester Gralund
Miller and Co
Cedar ‘Rapids
Torrential Rains Cause 12 More Flood Deaths in Korea
Torrential rains in South Korea on Tuesday add 12 to the flood toll, raising the total since July 15 to 59. The AP reports widespread flooding and renewed searches across affected regions.
MENTIONED IN THIS ARTICLE
Seoul
Mansfield calls for U S dissociation from Ky invasion view
Senator Mansfield urged the administration to dissociate from Gen. Ky's claim that invading North Vietnam is necessary for victory. He said accepting that concept would conflict with U S interests and policies and was backed by Senators Javits Aiken and Saltonstall.
MENTIONED IN THIS ARTICLE
Washington
Mansfield
D-Mont
North Vietnam
Javits
R-N.y
Aiken
No Wider War Debate Over Gen Ky and Vietnam Policy
Washington officials dispute expanding the conflict while Senator Mansfield warns against dragging the United States into North Vietnam. He argues Gen Ky cannot compel U S troops to fight or be moved to North Vietnam to support Ky’s aims. Mansfield cites 270000 Americans already in Vietnam and fears further casualties.
MENTIONED IN THIS ARTICLE
U.S
Mansfield
Vietnam
North Vietnam
Delay Sought on Cedar Rapids Atkins-Fremont Merger Petitions
State Sen. Tom Riley urged Linn county schools chief Ira Larsen to delay action on 220 petitions challenging a Cedar Rapids Atkins-Fremont merger. He cited misrepresentation, fraud, improper signatures, defective notarization, and non resident signers, asking for a full inquiry before any board action.
MENTIONED IN THIS ARTICLE
Tom Riley
Ira Larsen
Linn County
Cedar Rapids
Atkins-Fremont
Riley
Iowa
Board of Education
Larson
Hearing on Air Strike Postponed
The Senate Labor Committee postponed for 24 hours a hearing on legislation to halt the airline strike. Administration officials requested more time to prepare testimony amid talk of a last minute bid to secure a settlement before Congress acts.
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Washington
Senate
Congress
Senate Labor Committee
Morse
D-Ore
Secretary of Labor
Wirtz
O’brien
Clark
Iowa
Labor Committee
Mansfield
Four Die as Truck Overturns in Azores Mountain Route
In Lisbon Portugal four people died and 21 were injured when a truck carrying an excursion party overturned in a mountainous area of the Azores.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
Azores
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