Wall Street outlook cites cautious recovery and sector strength
Hooper of W E Hutton notes stock gains are healthy but not ripe for a major correction until public sentiment turns bullish. Despite skepticism, market strength stays in quality equities as the International Statistical Bureau forecasts 1963 gains for office equipment sectors especially electronics data processing, office supplies and photocopy equipment, hinting at higher securities values after a recent decline.
MENTIONED IN THIS ARTICLE
New York
UPI
L. Oo. Hooper
W. E. Hutton & Co
International Statistical Bureau
Short interest may ease after year end says Walston official
Eldon A. Grimm of Walston & Co. notes monthly short interest figures due after Friday’s close are likely lower. He explains much of the stock held short against the box may have been cancelled out over year end, a transaction often used for tax purposes, now disposed of.
MENTIONED IN THIS ARTICLE
Eldon A. Grimm
Walston & Co
Churchill Lauded as Honorary American Citizen Seekers Move
Sen Stephen Young allies propose a resolution in London to honor Sir Winston Churchill as an honorary American citizen. The effort, co sponsored by Sen Frank Lausche and Estes Kefauver, notes Churchill’s long career and multiple U.S. decorations.
MENTIONED IN THIS ARTICLE
Congress
Stephen Young
D-Ohd
London
Riviera
American Congress
Young
Frank J. Lausche
Ohio
Estes Kefauver
Dp. Tenn
Senate
Churchill
Winston
Jacksonville
Fla
City of New York
Philadelphia
Friendship Veterans Fire Engine Company
Alexandria
Harvard
Westminster
New York University
Rochester
Cuba
U.S. Air Force
Dow Jones Averages Report From United Press International
The Dow Jones stock averages show gains and declines across sectors with 30 industrials at 674.40 up 1.42, 20 railos at 146.85 down 0.17, 15 utilities at 133.4 up 0.29, and 65 stocks at 237.61 up 0.34. Third hour sales reach 3,040,000 by 1 p.m.
MENTIONED IN THIS ARTICLE
United Press International
Indus
Television Lineup From Local Stations
A schedule lists program slates for KFOX KGNC KSYD KVII KVII KFDA TV channels with morning through late night airings. It includes children shows, Westerns, news, weather, sports, comedy, and an assortment of syndicated films and specials.
Television Schedule Montage Across Daytime and Evening Slots
An extended program log lists numerous shows across channels with times from early morning to late night. Featured entries include Mr Magoo, Shari Lewis, King Leonardo, Fury, Captain Kangaroo, Gunsmoke, Alfred Hitchcock, Lawrence Welk, and Roy Rogers among others.
MENTIONED IN THIS ARTICLE
Kfox TV
Mr. Magoo
Bud Palmer
Spa
Charlie
Sam Benedict
Kgnc TV
Heckle & Jeckle
Ruff & Reddy
Shari Lewis
Capt. Kidd
Cotton John
Joey Bishop
Ksyd TV
Rin Tin Tin
Jackie Gleason
Kvii TV Channel
Alakazarr
Wide World of Sports
Texas
Mr. Smith
Washington
Lawrence Welk
KFDA
Khrushchev Backed Berlin Peace Move and East German Praise
Pekin ng backed Khrushchev on a German peace treaty and removal of Western troops from Berlin. ADN said Wu praised East Germany's economic and political successes as a contribution to communism and socialism. In West Berlin Mayor Willy Brandt weighed Khrushchev's invitation to visit East Berlin but declined after coalition pressure. Brandt had support from Chancellor Adenauer who might reconsider.
MENTIONED IN THIS ARTICLE
Ing
Khrushchev
Berlin
ADN
East Germany
West Berlin
Willy Brandt
East Berlin
Brandt
Christian Democratic Party
Konrad Adenauer
West Germany
Social Democratic Party
CAB ruling targets travel card deposits and interest
The Civil Aeronautics Board ruled that a 425 dollar deposit for air travel credit cards is illegal unless 5 percent interest is paid on the money. Travel credit itself is allowed but without interest the plan is discriminatory and unduly preferential. HeW announces study on state and local food and drug laws
MENTIONED IN THIS ARTICLE
Washington
UPI
Civil Aeronautics Board
HEW
How Do You Stand Sir by Barry Goldwater
Barry Goldwater argues that President Kennedy seeks a tax cut amid large deficits and rising inflation. He supports targeted tax relief with spending restraint and urges a moratorium on new federal outlays to avoid debt-financed tax cuts. He warns that without spending cuts the economy would suffer from continued deficit spending.
MENTIONED IN THIS ARTICLE
Barry Goldwater
LA Times
Orange County Schools Begin Gradual Desegregation
The Orange County public schools will start integration next fall as the school board approved a plan to desegregate first grades in all county schools. Children may attend the school nearest their home regardless of neighborhood race, with one grade added each year. President Kennedy may hold a news conference next week, but no firm decision has been made.
MENTIONED IN THIS ARTICLE
Orlando, Fla
UPI
Orange County
Earl Kipp
Washington
Kennedy
White House
1964 GOP contenders speak on budgets and rights
Three Republican leaders including Barry Goldwater Nelson Rockefeller and George Romney outlined fiscal restraint with budget balancing plans and opposition to tax increases. Romney urged thrift within Michigan while Rockefeller warned of state overreach. Both signaled support for civil rights and welfare state concepts, signaling contrast with Goldwater’s cautious approach.
MENTIONED IN THIS ARTICLE
Washington
UPI
Barry Goldwater
R-Ariz
Goldwater
Nelson A. Rockefeller
New York
George Romney
Michigan
Romney
Rockefeller
80,000,000 under the iron rule of Communism
In Eastern Europe eighty million people live under Communist rule as Radio Free Europe broadcasts bring them hope and resistance. The appeal urges support for RFE to counter brainwashing and urges contributions.
MENTIONED IN THIS ARTICLE
Europe
Radio Free Europe
Also Mentioned on This Page
Wall Street Charter
Sir Winston
Dow Jones
Miss Brooks
Annie Oakley
Rocky
NBC News
Huntley-Brinkley
Mitch Miller
Jack Paar
Sugarfoot
Wyatt Earp
News Eye
Walter Cronkite
Bat Masterson
Rawhide
the Nurses
Five Star
Highway Patrol
Kvii TV
Lifeline
Kfda - TV
Freddie the Fireman
C. Vv. Jones Herd
Peking
Health, Education and Welfare
Anthony J. Celebrezze
Salisbury
N.C
Dave Shuler
Chell
Mitchell-Goodwin Lumber Company
Second Street
Avenue A
Lowe Brothers
Floyd Mitchell
Mitchell, Goodwin Lumber Company
IPE
United States
Ano
Rockefeller Romney
Radio Free Europe Fund
P.O. Box
Mt. Vernon
N. Y
The
Advertising Council
Buckley
MOBIL
Mitchell-Goodwin
Ave. A
Electrica Wiring
Lloyd's
Ave. D. N. W
Andies
Elliott Drug
Rucker's
Childress
Tema
SAM Prmtt
Paint & Body Works
Dial
Bruce Plumbing
4Th St. Ne
Rogers Lumber Company