Stock Market Dips As Tech and Industrials Lead Losses
The New York market sees a sharp correction with many issues slipping from fractions to several points. Electronics missile and related sectors decline while steels autos chemicals rubbers tobacco and oils also fall. Government bonds hold firm as traders note poor technical action and urge taking profits on high fliers.
MENTIONED IN THIS ARTICLE
Ing
Wall Street
Eisenhower
Congress
U.S
Bache & Co
American Can Co
Allied Chemical & Dye
American Tobacco Co
Bethlehem Steel
Dow Jones Averages At Noon Reported By Bache Co
The Dow Jones averages are listed with figures for the two industrials and related totals. A noon reading shows close values around 657.10 to 657.00 with index components near 681 and 319.20, reflecting general market activity and price levels in midday trading.
MENTIONED IN THIS ARTICLE
Bache & Co
Funds Missing 13 Suspended Over Rock Island Bridge
The Centennial Bridge toll operation between Rock Island Illinois and Davenport Iowa suspended all 13 toll collectors after authorities cited a toll shortfall up to 750000 dollars. The state attorney said a wholesale looting likely began when the bridge opened in 1940. Automatic toll collection was ordered and FBI agents investigated the scheme with daily loot estimated from seven fifty to forty dollars.
MENTIONED IN THIS ARTICLE
Rock Island, Ill
Mississippi River
Rock Island
Davenport
Iowa
FBI
Bridge Commission
Bernard J. Moran
Franklin Wingard
Rock
Moran
Investment Question Rush on Three to Five Days
A reader asks if selling Penn Texas and Allis Chalmers to buy Anglo American Exploration is wise, given a tight three to five day window. The adviser cautions against rushed moves and notes Penn Texas recovery and Allis Chalmers speculative oil plays. recommends assessing risk and goals.
MENTIONED IN THIS ARTICLE
Penn- Texas
Fairbanks Whitney
Allis Chalmers
Anglo American Exploration
Canada
Niagara Mohawk
St. Lawrence Seaway
Realizes Ambition Realizes Ambition
EAST ORANGE New Jersey AP Mrs Probyn Thompson Jr had hoped for five children in eight years she had two over the weekend she realized her ambition by bearing triplets her husband was asked if he would like more triplets he said I wouldn’t mind but I think my wife would chicken out I’ve definitely chickened out the happy mother said
MENTIONED IN THIS ARTICLE
East Orange
N.J
Probyn Thompson Jr
Hoover on Russia Crisis and Education Policy
In a broad interview former President Hoover argues America must be alert and prepared to defend itself. He urges curb inflation and crime and calls for educational reform to train more scientists and engineers to close the gap with Russia. He supports reorganizing U S high schools to improve discipline and training.
MENTIONED IN THIS ARTICLE
John Adams
Hoover
Adams
America
Wec
Russia
United States
Chesapeake Bay Length Reported At 180 Miles
The Chesapeake Bay, under Baltimore's leadership, is described as 180 miles long. The note presents a concise measurement of the bay's length, anchored to the region around Baltimore.
MENTIONED IN THIS ARTICLE
Chesapeake Bay
Baltimore
Macy's Expands Charge Account Plans and Bank Ties
The piece notes a surge in consumer credit shaping modern shopping as Macy’s unveils a new charge plan balancing nightly cash settlements with pay later options. Banks push revolving credit while stores profit from charge accounts and budget plans amid a national rise in instalment and open-end arrangements.
MENTIONED IN THIS ARTICLE
Macy's
New York
Macy’s
Macy's Bank
Senate Committee Takes Up Civil Rights Bill Again
The Senate Judiciary Committee moves to consider a civil rights bill after a 10-5 vote to extend the life of the civil rights commission to January 31, 1961. Leaders from both parties express optimism for a quick breakthrough as amendments are debated and meetings planned.
MENTIONED IN THIS ARTICLE
John Chadwick Washington
Senate Judiciary Committee
James O. Eastland
D-Miss
Iton
Civil Rights Commission
Everett M. Dirksen
Ill
Senate Gop
Eastland
Dirksen
Lyndon B. Johnson
Florida Governor Predicts Limited School Integration This Fall
Florida Governor Leroy Collins says integration in Florida schools this fall will be limited. He spoke to newsmen on CBS Face the Nation noting a small amount of integration is expected.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
Leroy Collins
Florida
Face the Nation
CBS
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