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Charleston Gazette in Charleston, West Virginia

28 Jun 1960

Page 2

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Charleston Gazette June 28, 1960 Page 2 old newspaper archives

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Charleston Gazette

Location

Charleston, West Virginia, United States of America

Date

Jun 28, 1960

Page

2

Stock Market Slumps Amid Broad Losses Across Sectors

New York traders reduced holdings as steel and cyclical stocks led declines. The Dow fell 4.52 to 642.49 with volume light. industrials shed 0.90 and utilities 0.20. American Exchange volumes slipped while corporate bonds rose. Clean summary of a broad market downturn with multiple sectors hit.

MENTIONED IN THIS ARTICLE

New York Dow Jones American Stock Exchange Pittsburg USDA Yesus ACE -Indy Ea Kiath Priges Ted Steel Nortoth & Jon Med Chemical Norts Amn Aviat Sas Parke Davis & Co Ind Peabody Coat Co Wreck Peabody Co N.S Arrinaefais Anaconda Co Mico Corp Anderson-Prichard Armco Pittsburgh Pittsburan Greyhound Oo Link-Belt Co Republic Aviation Bat Gu Oil Republic Teer Qok Bardix Aviation Louisville Nashville Reynods Beatrice Foods Mack Truxi Reynald Honda Hershey Bethienem Hupp Corp Jarrn & Co Rovertshaw- Fulton Boeing Airplane Hines Central RR Maytag Co Rockwell Intard Steel Crazy Royal Dutch Petr Borgen Machse McKesson & Robbins So Safeway Acra Warner Ved Harvester McLean Trucking Nickel Mead Sewering Corp D_ int Mert & Co Seaboard Air Line Ste Burkin Interlakeron Cora Chapman-Sco Sears, Reeds Canadian Pacific Coat Lion Tra & Trad LS Capital Airlines Oy Island Crees Simmons Co. Case Jefferson Lake Suip aAonzento Chemical Sinclair It Caterpillar So. Car. Gas & Ele Cessna Kenrecott Sopper Tas Nati Cash Register Souther Co Sere Westert Koopers Co O ° Natl Distillers Prod Kroger Sperry Rand Inc Inn Standard Brands Inc Ate Ri Consol Edius Tate Contaimer Corp Wal Gay of Cal Curticom Unc United Carbon Y Products Urik Iuited Corp Cremmica Freit Presser Industries U Ss. Rubber Eastern Airlines Canine Corp Eastman Kodakih Techives Erie BS Vorth Co Ner Bros Warner Lambert Fed. Dept Western Union Firestone American Motors Cozi Co United Industrially West Penn Electric General Dynamics Nail Corp Zenith Radio
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Solons Okayed Transit Bill for 100 Million Loan Plan

The Senate passed by voice vote a 100 million dollar federal loan program to modernize and extend mass transit systems. The bill heads to the House with hearings set, though prospects appear poor for passage this session. Senator Harrison A Williams Jr. says the loans would aid growing metropolitan areas in tackling transit needs.

MENTIONED IN THIS ARTICLE

Washington Senate House Senate Banking Committee Harrison A. Williams Jr
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CIA Chief Dulles Holds Talks With Adenauer In Bonn

Allen Dulles head of the CIA conferred at length with Chancellor Konrad Adenauer in Bonn Germany during a European swing. The talks followed the downing of a U S intelligence aircraft over the Soviet Union last month as Dulles reviewed the Allied espionage network.

MENTIONED IN THIS ARTICLE

K “3 CIA Adenauer Bonn Germany P—Allen W.dulles U. S Central Intelligence Agency Konrad Adenauer Dulles Europe Soviet Union
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Grain futures rise on Board of Trade gains in mixed market

Soybean futures posted a general advance on the Board of Trade with gains around 10 cents per bushel while nearby wheat and rye prices firmed slightly. Declines and other grains showed scattered losses as traders weighed mixed signals in a turbulent market.

MENTIONED IN THIS ARTICLE

Chicago Mensay Arkansas Hazelfine Revyalite Caribbean Imperial Oil Cola Sapphire Petroleum Catalin Corp Jupiter Scurry Rainbow Creole Petroleum Kaiser Ind Elec Bond & Share Mesabi Iron Eureka Corp. Ltd New Jersey Zing Pacific Petr South Penn Techaricr Rye Séigher Las U
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Livestock Prices Seen Mixed in Small Chicago Market

Chicago receipts totalled about 5000 head as prices varied across cattle and hogs. Slaughter lambs and ewes traded unevenly with light demand, while cattle values held firm on lighter supply. Mount Mitchell in North Carolina rises to 6684 feet.

MENTIONED IN THIS ARTICLE

Chicago
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Also Mentioned on This Page

John Wiliam Robinson Mary Elis Quoinson Martha Mabel Jones LeRoy Swinburn Charles F. Reitz Charles F. Hobson Charles F Reitz Belle Carlos_ G. Brown Nona Brodet Lee Tincher Perk Eugene Fratier Ernest Ron ‘White Fiat Union Dist Walker Todaha P Repinton Amandavile Cawies Florence Chester Asrae Amandavi G C. Partont Parsons Ald Regerics Thomason Louis Kurre South Charleston Charleston Jesse Heaert Alpert Poninsan Hotcher Danial B. Paling James Garland Burdette G. Raybury Bonaki Erickson Carmen Il Jarrett Tol Bisex R St. Albans Marcelier Parsons and Wiliams Howard Goff Mathews Faris Union W. FP. Gore Perry A. Lega Olock Sugar Drive Acres George H. Wisman Garnett Wisman Lot Smith’s Creek Tel Ave Israel 4 Ift Israel Solons Okay Transit Bill Tex Kentucky National Distillers Products GO N. Y. Stock Exchange Bache & Co Treasury American Exchange Virginia Street Charleston, W. VA Kanawha Barking & Trust CO Capitol Street GLD Post Office Federal Insurance Corporation Mount Mitchell North Carolina Cars Magazine Atishles Studebaker Cleveland Detroit Dickens Eastern Air Lines
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