Market drifts after four day rise as Dow nears 600
Stock market eased in mid day trading as the Dow Jones industrial average neared 600 with the Associated Press index down 1.10 at 219.30. Losses were broad with Corning Glass IBM Xerox Polaroid and U S Steel among heavy decliners while some gold stocks advanced and a few issues posted gains. Corporate bonds fell and government bonds were unchanged in slow activity.
MENTIONED IN THIS ARTICLE
ED Morse
AP Business News
NEW York (Ap
Wall Street
Dow Jones
Corning Glass
IBM
Xerox
Polaroid
U.S. Steel
Aluminum Workers Strike Across Major Aluminum Plants
About 16 000 workers walkout as wage talks fail over job security and automation. Alcoa and Reynolds shut or run at reduced capacity while union leader Eddie R Stahl cites displacement risks and declines in membership.
MENTIONED IN THIS ARTICLE
ST. Louis
Afl-Cio
International Union
Aluminum Co. of America
Reynolds Aluminum
Robert W. Donnahoo
Philaaelphia
Federal Mediation Service
Aluminum Workers International Union
Reynolds
Alcoa
Chillicothe
Ohio
Lancaster
Cresona
Warrick
Ind
Lafayette
Davenport
Iowa
Massena
N.Y
Wenatchee
Wash
Vancouver
East St. Louis
Ill
Bellwood
Louisville
Richmond
FDA Drug Thalidomide Hearing Links Abroad Reports
Senator Humphrey cites a telegram from an Army major in St Paul reporting his wife took thalidomide in 1959 while stationed in Germany and their daughter was born with multiple deformities. Larrick notes Merrell informed FDA of a German claim of birth defects tied to the drug in 1961 and urged doctors to avoid use by women of childbearing age. The FDA reportedly found no deformities from US testing, but cases appeared where mothers obtained the drug abroad.
MENTIONED IN THIS ARTICLE
FDA
Larrick
William S. Merrell Co
Germany
U.S
Humphrey
St. Paul
Minn
Finkbines Seek Abortions Amid Thalidomide Controversy
The Finkbines consider all options as Mrs. Finkbine seeks a legal path to end her 20 month pregnancy after thalidomide exposure. A hospital postponement and a court suit followed a doctor panel recommendation for abortion to save the mother's life, with further legal questions pending.
MENTIONED IN THIS ARTICLE
Federal
Europe
Finkbines
Senate Backdrops Filibuster Delay Across Foreign Relations Bill
Senate recessed until noon as John Tower objected to a procedural move. Everett Dirksen and Mike Mansfield pushed a 10 day referral plan to speed the Foreign Relations Committee, but Republicans balked at a rush amid protests and a possible closure petition.
MENTIONED IN THIS ARTICLE
John G. Tower
R-Tex
Senate
Everett M. Dirksen
Illinois
Mansfield
Foreign Relations Committee
Dirksen
Russians Leave Area After U S Space Shot
Four Soviet instrument ships, spying on U S nuclear tests near Johnston Island, steamed away after the July 9 high altitude hydrogen shot. The vessels departed July 10 or 11, possibly to monitor new Soviet tests, while U S officials weigh next high altitude launches and President Kennedy must approve further tests.
MENTIONED IN THIS ARTICLE
Fred S. Hoffman
Washington
U.S
Pacific
Johnston Island
Soviet Union
Pentagon
United States
Ovei
Kennedy
U.S. Debates New Bid for Nuclear Test Ban
U S officials study a proposed partial ban on atmospheric and underwater tests detected by existing systems. President Kennedy will decide on further tests after a disarmament conference and policy briefings with Secretary Rusk and Defense Chief McNamara amid debates over inspection and Soviet rejection.
MENTIONED IN THIS ARTICLE
John M. Hightower
Washington
U.S
Russia
Soviet Union
Kennedy
Dean Rusk
Robert S. McNamara
Woepeses
United States
Geneva
Gavin quits as envoy to France
James M. Gavin resigns as ambassador to France returning to private life. Kennedy offers warm personal thanks and says the move stems from personal and financial issues, not policy. a successor will be proposed to Paris soon.
MENTIONED IN THIS ARTICLE
Gavin
France
Washington
James M. Gavin
White House
Kennedy
Pierre Salinger
Charles E
Chip) Bohlen
Moscow
Dean Rusk
Bad Judgment Understatement in Bridge Column Tale
South overreaches in a three no trump rubber after attempting an overtrick. The end play against West hinges on a risky queen of clubs lead that yields the jack of clubs and two spades, revealing costly misjudgment.
MENTIONED IN THIS ARTICLE
South
Dummy
West
East
President Kennedy signs four billion foreign aid bill
President Kennedy signed a 4.672 billion foreign aid authorization bill with bipartisan observers present. The measure allows limited aid to Communist nations and includes a four year Alliance for Progress program in Latin America, while facing potential cuts in the appropriations phase. Kennedy retains authority to extend aid behind the Iron Curtain if security interests and independence from Moscow justify it.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Congress
Latin America
Mili
Senate
Poland
Yugoslavia
U.S
Moscow
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Iage
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Eeeenweee
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Beeen
Dan Riv Mills
Douglas
Sears Roebuck Weunee
Duke Power
Sou Railway
East Airl
Eastman Rod
Calif
Firestone
Ford Motor
Gen Elec
Stevens J
Goodyear T&a
United Airlines
Sretpee
United Aircr Gulf Oil Corp
Int Nickel Can Setae
United Fruit
Perenne
Uss Rubber
Im Pa
Int Tel & Tel
Kayser-Rothee Beenee
P&p
Liggett & Myers
West Union
Lorillard P
Westing Blee
McLean
Sadie & Co
Aluminum
Finebines
Reds
Tet
Lisa
Stephen Boyd Delores Hart
Panama Canal
Jacoby
Enterprise Assn
North
UH Ce Laundry
NEW Service Laundry
Centennial Ave
Sint
Thomasville
Ty Warner
Angie Dickerson
Romana
Peter Ustinov
Sandra Dee
John Gavin
Walt Disney’s
BIG Red
Yellar
Sary Grant
Doris Day
Gig Young
Audrey Meadows
Sauer
Anglewood Barn Theatre
Clemmons, N. C
Highway
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K & W Cafeteria
High Point
Daly
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Roger Williams
BoBby Vee
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