Stock Market Rises Broadly Amid Gains At Noon
New York stocks climbed on a broad front with the Dow Jones 30 industrials at 721.56, up 1.98 today and near its record high. Industrials, rails, and utilities advanced while a few issues slipped. McDonnell Aircraft General Dynamics and North American Aviation led gains as steel and chemical shares rose and airline stocks mixed.
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New York
Associated Press
McDonnell Aircraft
General Dynamics
North American Aviation
U.S. Steel
Jones & Laughlin
Goodrich
U.S
Union Carbide
du Pont
MGM
American Stock Exchange
Eichmann Called 'Murderer Of Millions' In Prosecution Sum
Israel's attorney general labeled Adolf Eichmann a murderer of millions and an inveterate liar as he opened the prosecution summation in Eichmann's war crimes trial. Gideon Hausner portrayed Eichmann as a central figure in the plan to exterminate Europe's Jews and criticized his defense of a minor role. The prosecutor tied Eichmann to Goering and the Nazi campaign, noting extensive documents and Eichmann's involvement in sending Jews to death camps. The summation continued as the court reconvened after a two week recess, with verdict date expectations after the defense's later summation.
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Jerusalem
Israel
Adolf Eichmann
Gestapo
Eichmann
Gideon Hausner
Hauser
Hausner
Nuernberg
Hermann Goering
Hitler
Europe
Dauchau
Khrushchev warns West Berlin threat and Soviet buildup
Khrushchev accused the West of pushing toward war over Berlin and pledged possible mobilization of reserve divisions. He urged dialogue and warned the Soviet Union would strike U.S. bases and allies if war erupted, while Kennedy pledged to defend West Berlin. The exchange followed Vienna talks and a demand for a peace treaty with East Germany.
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Gherman S. Titov
Khrushchev
Berlin
Soviet Union
Kennedy
West Berlin
U.S
Vienna
Moscow
East Germany
United States
Britain
France
America
Latin American economic conference outlines aid terms
Dillon described loans to Latin America of up to five years with very low or zero interest, totaling about 80 percent grants and rivaling Soviet offers. He urged landlords to surrender privileges for 20th century reforms, while Guevara prepared to present a view that Cuba seeks to stay in the Latin American economic family without an explicit U.S. role.
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Dillon
Soviet Union
Latin America
Guevara
U.S
Cotton Crop Forecast Made by Agriculture Dept
The Agriculture Department forecast the 1961 government controlled cotton crop at 13,918,000 bales of 900 pounds gross weight, 354,000 bales under last year’s total, with a ten year average of 13,553,000. Production is aided by a reserve of about 7.5 million bales and market quotas to curb overproduction. The Census Bureau reports 227,689 running bales ginned by Aug 1, up from 139,779. State figures show harvest areas, yields, and production in North Carolina, South Carolina, Georgia, Tennessee and Alabama.
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Washington
Agriculture Department
Census Bureau
North Carolina
South Carolina
Georgia
Tennessee
Alabama
Eleven Slated To Be Sworn In Today in Raleigh
In Raleigh AP report Gov. Sanford named 11 to state boards and commissions. Associate Justice E B Denny will administer oaths in the Senate chamber with the governor as a witness. Named include Dickson Phillips UNC professor on the Wildlife Resources Commission and Gwyn D Price chair of the Rural Electrification Authority among others from Durham Raleigh Rocky Mount and New Bern.
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Raleigh
North Carolina
Board of Boiler Rules
Howard Hepler
State Board of Paroles
Millionaire Tin Miner Foo Yet Kai Killed in Home Invasion
Kuala Lumpur Malaya AP reports 55 year old Tin magnate Foo Yet Kai, famed for keeping a loaded pistol by his pillow, was shot during a struggle with two intruders in his upscale home. Police say he resisted a kidnapping attempt.
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Kuala Lumpur
Malaya
Foo Yet Kai
Foo
Moralist Buchman Dies After Heart Attack in Germany
Dr. Frank Nathan Daniel Buchman founder of Moral Re-Armament, born in Pennsylvania, died in a Black Forest hotel after a heart attack at age 83. Close associates reported his last words urged governments of strong men guided by God. Text notes his movement’s aims and wide following in Switzerland and the United States.
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Freudenstadt
Germany
Frank Nathan Daniel Buchman
Oxford Group
Buchman
Switzerland
Lake Geneva
U.S
Mackinac Island
Mich
Dr. Buchman
Jesus Christ
Black Forest
Peter Howard
Prince Richard of Hesse
Maurice Martin
Paul Campbell
Henry Ford
Howard
Campbell
Pennsburg
Pennsylvania
Love Valley Estate Plans Expanded Western Town Amusements
Love Valley Inc dating from 1954 expands into a large residential and western town amusement area with rodeos horse shows lakes and a 50 room deluxe lodge. In a joint venture with F& F Finance Co Love Valley Homes Inc begins low cost pre fabricated home building. Located 17 miles north of Statesville North Carolina in the Brushy Mountains.
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F& F Finance Co., Inc
Love Valley Homes, Inc
Love Valley
Statesville
N. C
Brushy Mountains
Metropolitan Opera to End 1961-62 Season Closing
News of the Met closing for the 1961-62 season and canceling its spring tour stirs sorrow among music lovers. Rudolph Bing calls the cancellation a catastrophe amid labor disputes with Local 802 seeking higher musician pay. Rise Stevens appeals to President Kennedy, while other stars weigh their options as 700 staffers face upheaval.
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New York
Metropolitan Opera
Met
Kennedy
Rudolph Bing
Bing
Anna Moffo
Leontyne Price
Ballet
American Federation of Musicians
Musicians’ Union
Rise Stevens
North African Labor Movements Plan To Merge
Three major labor movements from Tunis, Rabat, and Algiers announced plans to merge, aiming to unite the Maghreb region. Leaders of the Tunisian, Moroccan, and Algerian nationalist unions are meeting to draft the new group.
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Tunis
North Africa
New Cuban Banknotes Printed In Czechoslovakia
In Madrid, Spain, Cuban banknotes decreed for exchange with old currency were printed months ago in Czechoslovakia and delivered to the National Bank of Cuba by sea and air. Cuban sources said.
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Madrid
Spain
Fidel Castro
Czechoslovakia
National Bank of Cuba
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