Stock Market Slips With Broad Declines At Noon
New York stocks traded lower led by losses in steels oils and chemicals. The Dow industrial average fell about 6.47 points to 678.79 as the AP index slid 1.90 to 241.40 at midday with many big names retreating and traders noting profit taking.
MENTIONED IN THIS ARTICLE
New York
Associated Press
American Telephone
DuPont
Allied Chemical
American Machine & Foundry
Brunswick
Texas Instruments
Philadelphia & Reading
Varian Associates
U.S
Cotton prices slide as futures open lower in New York
Cotton futures opened 35 cents to 3.00 a bale lower amid broad stock quotes and mixed corporate listings in New York trading. The page shows numerous tickers including Goodyear Rubber, Gulf Oil, Dow components, and airline stocks with varied gains and losses, reflecting market volatility and geopolitical tensions affecting prices.
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New York
Dow Jones Averages at 11 AM and Noon Close
The Dow Jones averages show 11 am and noon values with 30 Industrials at 679.14 and 678.79, 11 Utilities around 111.82 to 111.84, and a broad Stocks index near 226.57 to 228.04. Trading volume reported as 990,000 at 11 and 1,840,000 at noon with 4,340,000 overall.
MENTIONED IN THIS ARTICLE
Bache & Co
Kennedy taps Taylor to review US paramilitary planning
President Kennedy named Gen Maxwell D Taylor to survey American intelligence and guerrilla warfare capabilities after the abortive Castro invasion. Taylor will report in 60 days. The move signals concern over miscalculations of Castro's reaction and intelligence gaps.
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Maxwell D. Taylor
Army
Taylor
Castro
United States
White House
Pierre Salinger
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Cuba
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New Hampshire
Congress
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Bridges
Senate
Western Hemisphere
Evansville
Ind
Wayne Morse
D-Ore
Morse
Frank Church
Idaho
Church
D-Minn
Karl Mundt
S.D
John Sherman Cooper
R-Ky
Think Before You Speak and Cultivate Independent Thinking
A concise reminder urges readers to pause and reflect before speaking and to cultivate independent thought. It links prudent thinking with personal success and economic prudence, emphasizing self-reliance and disciplined reasoning.
De Gaulle Assumes Powers as Paris Faces Mutiny and Blockade
Paratroopers and guards bolster Paris while labor unions pledge a token strike in support of De Gaulle. Across France frontier police tighten controls and civilian militias form. De Gaulle declares almost dictatorial powers to quell the Algerian insurgents and warns officers to stay loyal or face court martial. Military options include a blockade or direct action, with Algeria's remains uncertain.
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de Gaulle
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Lyon
France
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Aix-en- Provence
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Algiers
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Maurice Challe
Raoul Salan
Andre Zeller
Edmond Jouhaud
Fidel Castro Regime Gains Confidence After Cuban Invasion
After the abortive invasion, U S hopes in Cuba vanish as Fidel Castro appears stronger. Observers fear the Communist Party may have seized full control while Castro frames the move as a socialist revolution. The United States faces risk of wider trouble in Latin America.
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Miami
Fla
U.S
Cuba
Kennedy
United States
Latin America
Fidel Castro
Castro
Fidel
Communist Party
Red Bloc
Lawmakers Set Agenda For Courts Taxes And Auto Insurance
Raleigh lawmakers face a busy week with a proposed constitutional court system bill, a tax measure to fund a 700 million education program, and a 3 percent sales tax extension to food and drugs. The Senate will move on indefinitely extending North Carolina auto insurance requirements and a marriage waiting period bill, with House and Senate debates shaping the fate of these provisions.
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Raleigh
General Assembly
House
State Supreme Cour
Joint Finance Committee
Byrd I. Satterfield
Sanford
Senate
North Carolina
Bar Association
Lindsay Warren
Beaufort
Warren
Satterfield
Alligators At Marin Museum Missed Meals Break In
In San Rafael California two alligators at the Marin Junior Museum were found with an empty cage for the second time in a year. A broken glass door and dumped food led police to a bathtub where two ten year olds showed the reptiles to friends. Juvenile authorities were notified.
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San Rafael, Calif
Marin Junior Museum
Arthur Madsen
Angels With Power Home Run Records Highlight Dodgers era
Los Angeles players set notable long ball marks with past team feats. Bob Cerv hit 38 homers for the Kansas City Athletics in 1958. Leo Burke, a rookie, hit 21 four baggers for Miami in the International League, a club record for a right handed batter.
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LOS Angeles
Los Angeles Angels
Bob Cerv
Kansas City Athletics
Leo Burke
Miami
Furniture market forecasts early delivery on new lines
The market opened last Friday and will deliver new furniture lines by late May or early June with some lines later in summer. Buyer traffic remained steady as shoppers from Lenoir Drexel and High Point move between markets. The event is sponsored by the Furniture Factories Marketing Assn of the South.
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Lenoir -Drexel
High Point
Furniture Factories Marketing Assn. of
South
Trinity House Burns Night Fire Damages Most Of Dwelling
Jess Van Gibson, owner on Pine Street by Trinity Cemetery, awoke to smoke after 3 am and called a neighbor to summon Guil Rand Fire Dept. The two story frame house had about 75 percent damage and contents were a total loss. Chief Clyde Wilkerson said cause undetermined and firefighter Phillip Warner suffered a hand cut from glass.
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Trinity
Jess van Gibson
Trinity Cemetery
Guil Rand Fire Dept
Clyde Wilkerson
Phillip Warner
Notice change in passenger train schedules
Effective May 1 Sogipern Re way Train No. 29 cent will leave the essevilie t on tlanta and intermediate points at 6:26 AM EST instead of 6:51 AM EST. Southern Railway System.
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Sogipern
Essevilie T
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