Stock Market Drifts Lower After Profit Taking Post Gains
In New York the stock market eased in mid day trading as profit taking cooled a four session rally. Sugars strengthened on Cuban trade news with Cuban American sugar up two points while other sectors showed mixed moves and notable blocks traded in Studebaker Packard. The Associated Press average fell about 30 cents with broader declines across industries, rails, and utilities.
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New York
Cuban Sugar Institute
Russia
West Indies
Puerto Rico
Studebaker - Packard
Athena
International Nickel
Kennecott
American Stock Exchange
Associated Press
Looney Tunes Ave Reporter DJ Hudson Cugar News
A local entertainment note highlights the arrival of DJ Hudson Cugar at a Masquerade Party on Looney Tunes Ave, promising a lively mix of classics and modern tracks for attendees. The event draws fans of retro animation and music culture to the neighborhood venue.
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Looney Tunes Ave
Hudson Cugar
TV Schedule Snippet for Ford Theater Evening Lineup
Radio and TV guide fragment shows Ozzie and Harriet at 9 00 then Ford Theater at 9 90 followed by fights at 10 00 weather and news at 10 45 and sign off at 10 50.
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Amos
Andy
Steel
Cava
Doug Edwards
Ford Theater
Dow Jones Averages Snapshot
Dow Jones figures furnished by Bache & Co. show the noon close with 30 industrials at 483.91, 20 rails at 147.09, and 15 utilities at 70.53. Overall volume listed around 980,000 to 2,900,000 shares amid market activity.
MENTIONED IN THIS ARTICLE
Bache & Co
U S Attache Flees Austria After Expulsion
In Nickelsdorf Austria the U S military attache at the Budapest legation fled across the Austria Hungary border after being expelled by Hungary’s Red government on spy charges. Col James C Todd and Capt Thomas Gleason were questioned for five hours over alleged espionage, which they deny as photography of scenery.
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Nickelsdorf
Austria
U. S. Legation
Budapest
Hungary
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Austria-Hungary
Thomas R. Gleason
Urbana
Ill
Joan
Gleason
Washington
Reds
James C. Todd
Tulsa
Okla
Legation
Tar Heel lawmakers wary of 10 million bond plan
Raleigh lawmakers express concern over Gov Hodges proposal to issue 10 million dollars in bonds for permanent improvements at state institutions. They argue borrowing may be unnecessary with a tax plan in place and point to a 60 million dollar surplus and potential tax reductions aimed at attracting new industries.
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Raleigh
Hodges
Calvin Graves
Forsyth
Graves
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Person
C. V. Henkel
Iredell
Duke Senior Receives Full Expense Fellowship
Duke University senior Edgar B. Fisher of Burlington has won a full expense fellowship for one year of graduate theological study through the Rockefeller Brothers Theological Fellowship Program. Fisher, president of the Men’s Student Government Association at Duke, will pursue studies at Yale University. he is the son of the Rev and Mrs E B Fisher, former pastor of Duke Memorial Methodist Church in Durham.
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School Aid Bill Takes Next Step
Washington lawmakers move a two billion dollar school construction aid bill to full committee for consideration. Rep Bailey backs approval as budget climate slows floor action. Rep Powell proposes an amendment to block funds for districts with segregated classrooms. The bill would grant 400 million annually for five years with a 50 50 state match.
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Rep
Bailey
D-Wva
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D-Ny
House
Phn
Oklahoma City Gov Signs Rail Car Top Windshield Bill
Oklahoma Governor Gary signed a bill requiring railroad track motor cars to have tops and electric windshields. The measure aims to improve comfort for workers and safety on the rails.
MENTIONED IN THIS ARTICLE
Oklahoma City
Oklahoma
Gary
Ouster in Jordan Deepens Mueller? No, use proper names
Nabulsi resigns as Jordan premier amid aid dispute over the Eisenhower Doctrine. He says Jordan would welcome aid from East or West, and declines a $100 million offer linked to fighting communism. Western diplomats warn the removal could be hollow victory for Hussein.
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Jordan
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Licly
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Syria
Iraq
Saudi Arabia
Israel
Four Survive Airliner Crash on Anchieta Island
In a Real Airline disaster bound from Rio de Janeiro to Sao Paulo, 24 of 28 aboard died as a storm struck and the plane exploded on Anchieta Island. Four survivors include two adults, a child, and the stewardess, found at daybreak with serious injuries. A Varig crash in southern Brazil killed 40 previously.
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Rio DE Janeiro
Anchieta
Sao Paulo
Varig
Brazil
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