Dow Jones Falls as IBM Leads 3-Point Slide
The Dow Jones Industrial Average tumbled 3.03 points to 684.87 at noon amid a mixed session with IBM canceling a 3-point rise and several key stocks sliding. Optic gains appeared for Polaroid and Xerox while Beckman, Litton, and Tex Gulf posted losses. Ford rose modestly as Chrysler barely moved and General Motors held steady.
MENTIONED IN THIS ARTICLE
IBM
Youngstown Sheet
Litton Industries
Texas Gulf Producing
Korvette
Beckman Instruments
Polaroid
Xerox
Ford
Chrysler
General Motors
Bache & Co
NEW York
Industriais Eee
Associated Press
Monsanto
Motorola
Adams Milliseee
Nat Biscuit
BOM
Nat D. Pd Oa
Nat Distillers Eee
dim /Allis-Chal Am Can Co
NY Central Eeeeeene
Am Enka
Norfh West
Atch T & SF
Atl Refining
Pennsy RR
Indus
Ayco Cp
Balt & O Peer Eeeenee
U.S. Steel
Republic, Jones &Bendix Corp
Ween
Sea Eee
Pont
Burl Ind Eee
Sears Roebuck Tovess
a/Burroughs Corp
Carol & L Eee Eenee
Sperry Corp Oeneeee
Celanese Corp Eee
Cabin Belt
Champion P & F
United Airer
United Fruit
Douglas
W. Va
Woolworth
Zenith Radio Sterner
Goodrich BF
Goodyear T & R
Greyhound Sent
Gulf Oil Corp
Int
Nickel Can Ee Eee
Int Paper Eee
Tel & Tel
Kayser
Roth Eee
Kenc Copeter
Liggett & Myers
Lorillard P Corceees
McLean
Cotton Futures Edge Lower as Bonds Rise on Quiet Trading
New York AP reports cotton futures opened five cents a bale lower to 25 cents above the prior close on the American Stock Exchange. Corporate bonds posted gains while U S government bonds rose in quiet dealings.
MENTIONED IN THIS ARTICLE
New York
Erate
American Stock Exchange
U.S
Summer Plunge For Pot Plants
Pot plants can be moved outdoors after frost danger ends and evening temps exceed 45 degrees. Dig holes slightly deeper than pot depth, add 3 inch drainage layer of crushed stone, place red clay pots so rims show above soil, rotate pots to prevent root through-ground growth, water during drought, and return indoors before frost to keep indoors and maintain plant health.
Church Exemption Debated in State and Federal Courts
Rhode Island upheld exemptions for churches cemeteries and veterans aiding public purpose. Mississippi suit over tax relief for religious groups cited by U S Supreme Court. Federal court blocked prosecutions into voting efforts by John Hardy amid broader church state separation questions.
MENTIONED IN THIS ARTICLE
Mississippi
Rhode Island General Assembly
John Hardy
Nashville, Tenn
Onj
Assembly
Hardy
U.S
U.S. Circuit Court
New Orleans
Justice Department
Department
General Finance
General Finance Corporation
Brown University
Rhode Island
Rhode Island Supreme Court
Rockefeller Seeks Bold Action on Economic Problems
Gov. Nelson A. Rockefeller assails the Kennedy administration for weak plans to fix basic economic issues. He urges Congress to advance liberalized depreciation and stronger incentives to boost business investment and growth. Romney and Rockefeller discussed Michigan and New York economic trends during a Detroit gathering.
MENTIONED IN THIS ARTICLE
Detroit
Nelson A. Rockefeller
New York
Kennedy
Economic Club of
Rockefeller
National Democratic
Congress
Maor
George Romney
Romney
American Motor Corp
Republican Party
Michigan
GOP
John B. Martin
George Hilman
Educational Program Set By Chamber of Commerce
The High Point Chamber education committee will run an eight week course titled Effective Management Policies. The program, starting Wednesday, uses eight televised broadcasts by DES, DPI, WUNC TV Channel 4 and the Small Business Administration, with local discussions in 17 communities. The High Point group, limited to about 30 business owners, will meet at the YMCA each Wednesday at 7:45 for a 30 minute post broadcast discussion led by community leaders. Enrollment is via the Chamber office. Notable speakers include Emerson Schmidt, Clifford James, Brantly Watson, Harry Meecham, L. T. White, Wilford White, A. M. Woodriff, and Earl Bromwell.
MENTIONED IN THIS ARTICLE
High Point Chamber of Commerce
Distributive Education Service
Department of Public Instruction
Wunc-Tv Education Channel 4
Small Business Administration
High Point
YMCA
Chamber of Commerce
Education Committee
Frank Sizemore Jr
Emerson Schmidt
U. S. Chamber of Commerce
Clifford James
School of Business Administration
University of Baltimore
Brantly Watson
McCormick and Company, Inc
Harry M. Meecham
Dunn and Bradstreet
L. T. White
City Service Oil Company
Wilford White
A. M. Woodriff
George Washington University
Earl R. Bromwell
Baltimore National Bank
Khrushchev presses toward 1984 in double-think doctrine
AP analysis details Khrushchev's claim of an all people state and the evolving four stage path to communism. The piece notes Pravda and Kommunist framing, party supremacy within equality, and the goal of wiping out the imperialist camp while preserving a leading Communist party.
MENTIONED IN THIS ARTICLE
Nikita
William L. Ryan
Nikita Khrushchev
Khrushchev
Orwell
Pravda
Kommunist
Communist Party
North Carolina lawmakers clash over Cape Fear high dam plan
In a WRAL-TV debate Rep. Alton A. Lennon backs a proposed high dam in New Hope Chatham County to control Cape Fear River flooding. Rep. Harold Cooley opposes, calling the dam a huge cesspool and warning it would inundate the New Hope Valley and raise county taxes. he supports smaller soil conservation dams instead.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Chatham County
Cape Fear
Wral-Tv
Alton A. Lennon
Wilmington
Harold Cooley
Nashville
U.S. Corps of Engineers
Budget Bureau
Congress
Soil Conservation Service
Cooley
Soil Conservation Plan
Bus Fire Destroys Queen City Trailways Coach
Fifteen passengers and the driver escaped a Greensboro to Fayetteville bus as sparks appeared from the rear. The driver, Erwin Lee York, pulled over, opened the door, and everyone exited. Firefighters failed to control the blaze. the bus burned near Spring Lake on N C 87.
MENTIONED IN THIS ARTICLE
Fayetteville
N. C
Queen City Trailways
Erwin Lee York
Greensboro
Spring Lake
N. C. 87
Columnist Louella Parsons Likely to Leave Hospital
Hollywood columnist Louella Parsons, 81, is being treated for shingles and pneumonia at Cedars of Lebanon Hospital after entering last Tuesday. Doctors expect her to be released by week’s end.
MENTIONED IN THIS ARTICLE
Hollywood (Ap
Hollywood
Louella Parsons
Cedars of Lebanon Hospital
Frozen Sweat Clue In Cystic Fibrosis Found
Government researchers report mucopeptides in frozen sweat from cystic fibrosis patients show higher fucose levels, suggesting a basic defect in the inherited disease. Study at National Institute of Arthritis and Metabolic Diseases involved 100 normals and 8 CF patients.
MENTIONED IN THIS ARTICLE
Atlantic City
N.J
J. Charles Pallavicini
Federation of American Societies For Experimental Biology
Othmar Gabriel
Paul A. DiSant’Agnese
National Institute of Arthritis and Metabolic Diseases
Bethesda
Science Shrinks Piles New Way Without Surgery
A new healing substance reportedly shrinks hemorrhoids, stops itching, and relieves pain without surgery. Case after case shows gradual reduction while easing discomfort, with results described as thorough by researchers.
MENTIONED IN THIS ARTICLE
New York, N. Y
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Business and Financial News
Dow Jones
Algiers
OAS
Maison Carre
Algeria
Tunis
France
Oran
Bone
Chamber
Frank Carey
Pallavicini
King Korn
Packer
van Camp Pork
Dixie
Ilean
W-D
Wade
Mann Drug CO
Pet