Stock rally cools after midday profit taking on Wall Street
The New York market extended a vigorous rally in early trading with blue chips hitting new highs before profit taking trimmed gains. The Dow rose to 693.23 at noon as industrials and rails led the advance while many sectors retreated later. Chrysler and GM hit fresh highs, IBM gained, and Texas Pacific Coal & Oil traded near yearly highs amid asset-sale chatter.
MENTIONED IN THIS ARTICLE
New York
Wall Street
SEC
Associated Press
Chrysler
General Motors
IBM
Texas Pacific Coal & Oil
New York Stock Exchange
Youngstown
American Stock Exchange
U.S
Over-Counter Stocks Quoted As Of April 4 1963
The following 816 eng asked prices are unofficial guides to approximate bid and asked ranges from NASD and other sources. They are not transactions and do not represent actual trades. Origin of quotations will be provided upon request.
MENTIONED IN THIS ARTICLE
Eng
National Association of Securities Dealers, Inc
Kennedy Sees Restraint in Cuba Talks and U.S. Policy
President Kennedy cautioned Khrushchev has good and bad months yet Soviet discord has not steered U.S. policy. He forecast major legislation including a tax cut, warned some proposals will fail, and said discussions of presidential leadership may follow. He noted refugee attacks near Florida and the possibility of later withdrawals.
MENTIONED IN THIS ARTICLE
Khrushchev
U.S
Congress
Erwreme
Kennedy
Cuba
Florida
Castro
Soviet Union
Greenwood
Miss
Guatemala
Argentina
Alliance For Progress
United States
Britain
South Korea
Budget Bureau
Congressional Appropriations Committees
Securities and Tochange Commission
Loyalist updates and economic musings from distant fronts
The report notes a quiet Loyalist base porting warships and submarines with limited details on ships. It cites a Loyalist communique claiming government control of Argentina and discusses stock market psychology amid political conflict and Kennedy era foreign policy remarks.
MENTIONED IN THIS ARTICLE
Argentina
Temperatures Soar Then Cool Air Moves In
Record high April 3 in Asheville 88 degrees with Western North Carolina cooling behind a front. Expect 70s in the mountains and mid 80s in the east this afternoon. Widely scattered showers possible. temperatures fall by evening across the state.
MENTIONED IN THIS ARTICLE
Associated Press
North Carolina
Asheville
North
Caro Preylina
Charlotte
Ra- Mar
TI stock slips amid electronics market shift in 1963
The High Point Enterprise discusses Texas Instruments as a leading semiconductor producer with strong earnings history but notes a price slump from a 1960 peak. It cites a 1962 to 1963 earnings dip, a current price around 65, and a 12 percent yield, advising diversification beyond a single electronics holding and suggesting readers seek broader lists through Sam Shulsky.
MENTIONED IN THIS ARTICLE
N. Y. Stock Exchange
Texas Instruments
T. I
Mr. Shulsky
Sam Shulsky
High Point Enterprise
Cotton Futures Open Higher on New York Market
Cotton futures opened in New York trading up 10 cents a bale from the prior close, with prices showing a net 5 cent gain despite a lower close yesterday.
MENTIONED IN THIS ARTICLE
New York
Legislature trip to Wilmington features azalea gifts
Senate President T. Clarence Stone gave each legislator an azalea plant during a Wilmington visit. A nine bus caravan from Raleigh, led by a State Highway Patrol car, carried lawmakers staff press and officials amid sunny windy weather.
MENTIONED IN THIS ARTICLE
Senate
T. Clarence Stone
Wilmington
Raleigh
Ole Miss student leader defies university order in attack on Meredith charges
Brad Lawrence 23 a junior and new student body vice president published on The Mississippian front page a statement calling James Meredith a symbol of education by bayonet and tear gas. He criticised Meredith Look magazine charges as a “ridiculous” claim and claimed students ostracize him for challenging segregation.
MENTIONED IN THIS ARTICLE
Oxford, Miss
University of Mississippi
James H. Meredith
National Magazine
Brad Lawrence
Meredith
Lawrence
Bronx
N.Y
Look Magazine
Mississippian
Ole Miss
J. D. Williams
Williams
Look
South
Coker Sees Surplus As Illness Hurting Cotton
Washington AP reports Rob ert R. Coker president of the National Cotton Council urges a competitive one price system for U S cotton. He warns current government pricing policies create a mounting surplus and could destroy the industry if unchanged. He asserts domestic prices must fall to enable a world price alignment.
MENTIONED IN THIS ARTICLE
Washington
National Cotton Council
Robert R. Coker
Hartsville
S.C
National Cotton Compress and Cotton Warehouse Association
Coker
U.S
Philippine racial stock described as Malayan group
The article notes that the dominant racial stock in the Philippines is Malayan, described as a general grouping of related peoples from Southeast Asia and linked to Mongoloid origins.
MENTIONED IN THIS ARTICLE
Philippines
Southeast Asia
Ex Prisoner Ordered to Support Child Fathered in Mansion
Milford Lane the prisoner and Rosalee McIntyre the inmate mother testified the child was conceived in the basement of the governor’s mansion after a 1961 Christmas Party. Judge Mason Thomas ordered Lane to pay five dollars weekly toward the child’s support, with the Wake County Welfare Department caring for the child.
MENTIONED IN THIS ARTICLE
Raleigh
Rosalee McIntyre
Mason Thomas
Milford Lane
Lane
Thomas
Wake County Welfare Department
Also Mentioned on This Page
Sec Ins Co
Bloro Allvac Met Co
Am Fidelity Life Eeneee
Am Furniture Co
BBS Studios, Inc
Carolinas Capital Cal
Drexel Enterprises
First Southern Co
First Union Nat'l Bank
Gulf Life Ins
Harris-Teeter
Holiday Inns of
Jefferson Stud Life
Kavanaugh-Smith & Co
Lance, Inc
Li'l Gen Stores
Moore-Handley, Inc
N.C. Nat Bank
Pextile Corp
Ami Pedmont
Piedmont Nat Gas
L. F. Popell
Univ Pub. Com
Univ Pub Preferred
St Tel Co
Dow Jones
Bache
Va.m
Adams Millis
Allied Ch
Allis-Chal 1644
Am Can Co
Am Enka
Am Motors
Am Tel & Tel
Am Teb
Atch T&sf
Atl Coast Line
Ail Refining
Avco Co
Balt & O
Ix Corp
Beth
Juan Douglas
Vazquez
Eastman Rod
Firestone
Navy
Rs Foote
Eric Kennedy
Tel & Tel
Goodrich
Goodyear
T&r
Greyhound Greyhound
Gulf Oil Corp
Int
Kayser-Roth
Liggett & Myers
Lockh Air
Vaz
Natl Distillers
Quez
NY Central
NS Nees
Army
Pavinee
Re- 59
Buenos Aires
Government House
Er Easi
Kiddie Korner
S. Main St
KODAK
Howell
Kodak Black & White
Roll ‘O'S
Lyn- Mar
Kodacolor
Rose Furn
Yoder
N. Wrenn ST
Vitagro
Petunia Plants
Voor
Caladiums
Marglobe, Rutgers
Burpee
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