Stocks Sink to 1958 Low in Friday Trading Crash
New York AP report shows the Dow Jones Industrial Average tumbling 11.30 to 539.19 while the AP 60-stock average falls 3.40 to 202.50. Volume hits 5.64 million shares as 996 stocks decline and 160 advance, with 330 new lows for the year and American Investment the only new high.
MENTIONED IN THIS ARTICLE
New York
Associated Press
American Investment
New York Stock Exchange
American Stock Exchange
Ee Ee
Eee Pes Ae
New York Stock Advances Declines Unchanged Report
In New York on June 22 the advances total 996 issues, declines 990, with no net change overall. The list covers broad market performance across major sectors and notable movers remain within typical daily ranges.
Bill's Defeat Spurs Grain Selloff in Futures Market
CHICAGO AP House defeat of the administration farm bill triggers broad grain futures selling on the Board of Trade. Most contracts slump sharply while May wheat holds up, aided by short interest. Wheat closes mixed at about 1½ to 2½ cents changes. July at 2.1258. corn 78-22 lower. July soybeans around 2.49.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Recession Talk Intensified Across Economic Views
NY AP reports diverging forecasts on recession risk after Ewan Clague of the Labor Statistics predicts a next year downturn if the postwar pattern continues, while Labor Secretary Arthur Goldberg disagrees. Goodbody & Co expects continued expansion through 1962 with profits up about 13 percent, whereas Value Line warns of a slow-up and possible recession late this year or in 1963.
MENTIONED IN THIS ARTICLE
New York
Ewan Clague
Labor Statistics
Labor
Arthur Goldberg
Clague
Goodbody & Co
New Cit Manager Is Appointed Here
James R. Savage named manager of Universal CLT Credit Corp local office. Fred W. Hearn, Huntsville district manager, announced. Savage previously served as collection manager in Chattanooga for two and a half years. Native of Sheffield he joined the company as an adjuster in 1958 after Navy service. He attended Florence State College and is married with two sons.
MENTIONED IN THIS ARTICLE
James R. Savage
Universal C.L.T. Credit Corp
Fred W. Hearn
Huntsville
Savage
Chattanooga
Sheffield
Universal Clt
Florence State College
Hog Market At 3-Year High
CHICAGO AP hog market reached a three year high with prices steady to 25 cents higher. Peak bids hit 19.75 per hundredweight for 190 to 230 pound stock, with 211 pound averages at the peak. Slaughter animals offered were light and prices for lambs varied, with some mixed choice and prime selling at 23.50 to 24.50.
MENTIONED IN THIS ARTICLE
Chicago
THATS EARL BROTHER SHARI LEWIS MAKES KIDS NOTICE
New York gossip spans Shari Lewis and husband Jeremy Tarcher lifestyle in Riverside Drive home. Reporter Earl Wilson notes Lewis impresses children with Lamb Chop antics and stage advance, including Jack Benny invite and life with baby on the way. Also covers brief Hollywood and stage updates and light notes from The Week-End Windup.
MENTIONED IN THIS ARTICLE
New York
Richard Burton
Judy Garland
Marilyn Monroe
Elizabeth Taylor
Peter Lawford
Shar. Lewis
Miss Lewis
Jeremy Tarcher
Riverside Drive
Yacht Basin
Hudson
Shari
Jack
Billy
Japan
Radio Testing Trial Is Today In Decatur Area
Decatur area radio amateurs join a 24 hour Field Day drill covering the United States and Canada. Sponsored by ARRL, clubs test emergency message handling for police Red Cross Civil Defense and similar agencies. Five stations to Priceville Mountain power from gasoline generator. Public invited to watch and follow ARRL signs to site.
MENTIONED IN THIS ARTICLE
Decatur Area
United States
Canada
National Ham Group
American Radio Relay League
Red Cross
Civil Defense
Decature Amateur Radio Club
Spencer Browning
Priceville Mountain
Decatur Club
States
School Row Hurts Industrial Effort in Biloxi
In Biloxi Mississippi Everett Tucker Jr executive director of Industrial Development Co Little Rock said the four year delay after federal desegregation stirred little interest from industry. He noted the 1000 acre park still sold 32 sites totaling 492 acres for over 16 million dollars.
MENTIONED IN THIS ARTICLE
Biloxi
Miss
Little Rock
Industrial Development Co
Ark
Everett Tucker Jr
American Institute of Real Estate
Tucker
Why People Cry and Eye Lubrication Explained
A reader guide explains why humans cry and how tears keep the eye moist and protected. It describes the role of eyelids, sebaceous and tear glands, and tear canals, noting crying is a form of expression and that tears defend against germs. Humor and short dialogue follow in a kiddie section.
Shortest US presidency and oddities in facts
A jumble notes the four year term, cites William Henry Harrison as the shortest president, and mentions his inauguration date and death sequence. It adds puzzle results from Britannica sources and a local winner, Barbara Linnan, with Canada cited for nickel and precious metal production.
MENTIONED IN THIS ARTICLE
United States
William Henry Harrison
One Jail Term Given In Limestone County Court
Athens report shows Jovece Champion received 30 days for malicious injury to property and no drivers license. Three defendants bound over for grand jury: James Holman charged with first degree murder in James Dorsey death, Willie Kathy for grand larceny of a hospital radio, Glenn Garner for second degree forgery. Others face various charges and probation. judge Malone presided over twelve additional cases including traffic and drunkenness offenses.
MENTIONED IN THIS ARTICLE
Athens
Limestone County
Jovece Champion
James Holman
James Dorsey
Willie Kathy
Glenn Garner
Bessie Bales
Ilmer Cain
Billy Cagle
W. W
Billy) Malone
Pedestrian and Car Collision on 6th Ave Intersection
A pedestrian, Mrs. Fred White, 41, Danville, suffered knee and elbow cuts Friday at 3 45 p m after stepping onto 6th Ave from Gordon Dr into a southbound Buick driven by Phil Roepert Morrow 38 Jeffersonville Ind an insurance agent The White couple were walking east across 6th Ave White said she ran into the car as the light changed The car sustained no damage police reported
MENTIONED IN THIS ARTICLE
6Th Ave
Gordon Dr
Fred White
Danville 1
Phil Roepert Morrow
Jeffersonville
Ind
Also Mentioned on This Page
Wall Street
Dow
Dow Jones
Standard and Poor's Stock Index
Standard and. Poor
Bill
Callec Ery
Write P. Box
Decatur
Morgan County Chiropractic Research Society
Church
ST. N.W. EL
Buffalo
CIT
Blue Ribbon Shoe Shop
Second Avenue
Second Ave
Dial EL
Shari Lewis
By Earl Wilson
Jack Benny
California
Hollywood
Roy Rogers
Shirley Temple
Stanley Berman
N. Y
L. A
Buddy Hackett
Connie Francis
Claudia Franck
Carol Burnett
Christine Wil
Bob Hope
Columbia Records
Tony Bennett
James Cagney
Teresa Brewer
Yves Montand
Arthur Miller
Cavanagh
Earl’s
Pearl's
Jackie Kannon
Pat Breckir
Wilson
Jud Abernathy
Charlie McDaniel
Jimmie McCulloch
James Jefferies
C. E. Uptain
Fred Powell
Abernathy
Paul Burks
Earl
the Hall Syndicate
By Aleokum
Tommy Ascik
Nashville, Tenn
Chuckle Box
Jane
Cnew
Barbara Linnan
Olean, N
Chevrolet
GMC
Hertz Truck Rental Licensee
Decatur Transit, Inc
First Ave
N.E
Yellow Cab Co
Wright
Goodyear Mills
Patahy
Theo Hill
Moulton St
Freezer
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