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Charleston Gazette in Charleston, West Virginia

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Newspaper

Charleston Gazette

Location

Charleston, West Virginia, United States of America

Date

Dec 30, 1964

Page

2

New York Stock Exchange Quotations December 30 1964

Pittsburgh AP news brief on USDA egg prices to retailers showing the market nearly steady with wide ranges for jumbo, extra large, large, and medium white eggs. Demand noted as varied, supplies ample for current needs and some reports of moderate supplies and trading activity.

The Charleston Gazette New York Stock Exchange Pittsburgh USDA Egas Ethme Iportune New York

End of Year Rally Fades as NYSE Stocks Stagnate

On Tuesday in New York the usual end of year rally appears unlikely as limited activity and mixed prices temper optimism. Traders monitor key index levels while volume remains subdued across sectors as financials and tech show modest moves.

Steel Firms May Walk Into Trap

Washington reports Under secretary of the Treasury Robert V. Roosa warned Tuesday that the ongoing steel price increases risk inflation. He said rising costs could spur excessive wage settlements in upcoming union talks, noting auto makers faced a similar trap last year. Roosa argued steel firms cannot sustain large wage hikes without raising steel prices. He retires this week to join Brown Brothers Harriman. Frederick L. Deming will succeed him at the Treasury.

Washington —m the Treasury Robert V. Roosa Roosa Afl-Cio United

Pike Reports No Christmas Fatalities

The West Virginia Turnpike, called the nation’s most dangerous toll road by safety experts, reported no traffic fatalities during the 78 hour Christmas holiday period. Across 20 toll roads none died, while four roads including Indiana, Kansas, New Hampshire and New Jersey turnpikes had single fatalities. Nationally, 4,838,690 vehicles traveled 165,172,000 miles on major toll roads last weekend.

West Virginia Turnpike U.S International Bridge, Tunnel and Turnpike Assn Indiana Kansas New Hampshire New Jersey Association U. S. Stoll Roads

Three Tank Cars Derail in Nitro

Three empty tank cars derailed and two of them overturned on the New York Central System tracks at Nitro early Tuesday. Officials said the cars were being pushed onto a railway scale for weighing about 2 a.m. when they encountered a broken rail and wrecked. The wreckage was cleared and tracks repaired by Tuesday night.

Nitro

Wheeling Steel Raises Price On Galvanized Sheets

Wheeling Steel Corp raises prices by six dollars a ton on galvanized sheets roofing and culvert sheets effective today following other producers. The company also cuts extra costs on sheets wider than 36 inches by one to six dollars a ton. State police report year to date highway fatalities 458, up from 432 at the same point last year.

Wheeling (Ap Wheeling Steel Corp Wheeling Steel West Virginia

Wall Street Falters As Year End Rally Fades

New York stocks slipped on Tuesday marking the sharpest drop in nearly three weeks amid moderate trading. With only two trading days left in the year, market activity showed notable losses as investors grew cautious and bond yields remained a factor.

New York Wall Street

Two Teens Pay Fines Give Up Tags

In Charleston Traffic Court two teens surrendered licenses for 130 days after fines. Robert Young Jr., 17, of Longview Drive, was convicted of reckless driving. Frank Kinder, 18, of Elkview, paid 64 dollars for reckless and noisy-vehicle charges. Gary Lee Smith, 22, of St Dunbar, was fined 52 dollars after a drunk driving charge was reduced.

Charleston Robert Young Jr Longview Dr R. K. Gordon Young Joseph Thomas Frank Kinder Rt. 3 Elkview Gary Lee Smith St. Dunbar Ting

Also Mentioned on This Page

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