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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 06, 1961
Page
9
New York stock market advances with the Dow Jones Industrial Average near record highs. The Associated Press notes broad gains among blue chips and a total gain of about 2.74 billion dollars in listed stocks.
An advertisement promotes a rupture truss claiming secure dependable rupture protection with comfortable design. It offers a free card by mail and stresses relief from bulky pads and pressure while promising easy self application and ongoing support. The copy urges readers to send a postcard to WS Buce Inc Adams Dept for more information.
U S government bonds suffered their steepest one day price drop in over a year on Monday as corporate issues also declined. Trading totaled 6.95 million par value on the New York Stock Exchange with 115 issues down, 99 up, and 113 unchanged. Officials Hodges Heller and Dillon spoke at the Advertising Council meeting warning rapid upswing may not cut unemployment to acceptable levels this year and perhaps not in 1962, while predicting a year end production rate near 490 billion and a possible government surplus in mid 1962.
A shuffled blend of farm price notices and economic figures appears with dividend declarations for eggs and produce, alongside commodity bids and government revenue projections. The report threads through farm market signals, structural bids, and a recession hit outlook, noting a wider deficit despite rising tax receipts and employment concerns.
The 60 stock average rose to 252.10 while rails and utilities gained and the AP index moved up. Of 1,289 issues traded, 606 advanced and 463 declined as new highs reached 99 for the year and volume climbed to 415 million shares. American Viscose jumped on a dietary use development and IBM gained after product news. Harcourt, Brave & World Inc opened higher after listing.
Public sale announced for a 1954 Chevrolet 4Door VIN CMNGSON with details for payment cash at West Virginia Motor Sales Charleston lot 110 Virginia St E June 13 1961. Also creditors of Ella L Wiggins estate must file claims by December 13 1961 with Kanawha County West Virginia officials.
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