Market edges up as investors await Kennedy tax cut plans
Cotton futures opened unchanged to five cents higher. The AP index rose about three points at noon to 218.2 as industrials gained, rails and utilities mixed. Aerospace and defense issues moved on news of a new space shot while sentiment held until Kennedy’s tax proposals.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Russia
U.S
Kennedy
Savings
Financial Federation
Great Western Financial
United Financial
McDonnell Aircraft
Chrysler
Bache & O. Prev
Beavversiecvartens
Icals and Metals
A May
Dow Jones
Gen Tel & Tel
Gerb
Goodrich BE
Goodyear T&a
Greyhound
Ltd Oil NJ
NEW York (Ap
Noonstocks
Gulf Oil Corp
Stevens
Peeeeeewee
Nickel Caneewee
Texaco Ine
Close Noon
Textron Ine
Adams Millis
Int Paper Ee
Allied Oh
Tel & Tel
Union Bag Allis-Chal
Kayser-Roth
UN Carbide
Kenet Cop
Union Pac
Am Can Co
Liggett & Myers
United Airlines
Am Enka
Um Monty Ward
Ad Coast Line
Motorola
Va el & Pow
Atl Refining
Nat Biscuit
Va. P&p Eeeeaewe
Aveo Cp
Western Md
Balt & O
Natl Distillers Nat Dairy Pdl
West Union Bendix Corp
Beth
Seeerenes
NY Central
Eee
Westing el
Norf & West
Winn-Dixie
Boeing Air
Avia
Woolworth
Borden Co
No Pacific
Zenith Rad
Borg-Warner
Stat At Burland
Burroughs Corp
Penney J C Caro P&l
Pennsy RR Severe Ll
Pepsi-Cola
Celanese Corp
Phillips Petro
Philadelphia
Anna Champion
P&f
McHugh
Ches & Ohio
Radio Corp
Ee Dee
Coca-Cola
Reynolds
Columbia G&e
Sears Roebuck
Sou Railway Eee
Maurice
Sperry
Clergy Urges Prayer for Vatican Council
The Rt Rev Arthur Lichtenberger appeals to Episcopalians to pray for the Vatican II session starting Oct 11 in Rome. Protestant observers will attend, while Dr Leslie Weatherhead of the Methodist Conference calls for censoring parts of the Bible with a blue pencil.
MENTIONED IN THIS ARTICLE
Arthur Lichtenberger
Protestant Episcopal Church
United States
Rome
Leslie Weatherhead
Methodist Conference
London
Soviet double spaceflight marks leap in orbiting satellites
Nikolayev and Popovich completed a two craft mission with one ship in orbit a day after the other. British and Japanese observers noted signals of extended life science data collection and potential military satellite implications. Khrushchev hailed the achievement while Russia predicts continued flights and group missions.
MENTIONED IN THIS ARTICLE
Nikolayev
Gherman Titov
Vostok II
United States
Bernard Lovell
Britain
Jodrell Bank
London
Moscow
Tokyo
Vostok TV
Earth
U.S
Johannesburg
South Africa
Baikonur
Robert Citron
Krasny Kut
Soviet Union
Khrushchev
Krasnaya Zvesda
Red Star
Us.s.r
Lazar Lyusternik
Tass
Soviet Academy of Sciences
R. Bayevsky
Pravda
Bayevsky
Vostok III
Vostok IV
Popovich
Soviet Union shown as housing and transport challenge
The article contrasts U S farmland and machinery with Soviet approaches noting youth focus and education, a six hour day six day week, and 739 higher educational institutes. It highlights housing shortages with 22 million apartments planned by 1965, weak maintenance, and extensive public transit with Aeroflot as the sole state airline, culminating in a somber view of ongoing ideological conflict and potential future crises.
MENTIONED IN THIS ARTICLE
Soviet Union
University of Moscow
Aeroflot
Kennedy tax cut chances uncertain in economy review
President Kennedy faces two risks with any 1962 income tax cut. A late request could be ignored by a Congress eager for recess, or a no cut decision if the economy falters could be seen as a judgment flaw. A cut now would worsen the deficit, delaying reforms for 1963.
MENTIONED IN THIS ARTICLE
Associated Press News
Washington
Kennedy
Congress
Steelworkers
White House
Frontier Defections Put Kennedy In Tough Campaign Spot
President Kennedy faces a dilemma as he campaigns for Democrats for Senate and House. He must praise allied officeholders yet gloss over defections from his New Frontiers program and may oppose Republicans who aided him on key issues.
MENTIONED IN THIS ARTICLE
JACK BELL _ WASHINGTON
Kennedy
Senate
House
New Frontiers
Everett M. Dirksen
Illinois
Dirksen
Congress
Berlin
South
Viet Nam
Charles A. Halleck
Indiana
Jacob K. Javits
New York
Thomas H. Kuchel
California
Kachel
New York City Faces its Biggest Ever Building Boom
Francis Stilley notes Manhattan sees rapid face lifting with $2.5 billion in office construction since WWII and a surge of hotels including the 45 story New York Hilton and the Americana near 7th Avenue and 52nd Street. Rockefeller Center area leads with new Time Life and Equitable edifices and several other towers underway.
MENTIONED IN THIS ARTICLE
Francis Stilley
New York
Manhattan
Real Estate Board of
New York Hilton
Sixth Avenue
53Rd
54Th Streets
Seventh Avenue
52Nd Street
Lower Manhattan
Wall Street Financial District
Midtown
Rockefeller Center
Time & Life
Equitable Life Assurance Society
52Nd
53Rd Streets
Hilton Hotel
51St
52Nd Streets
Sperry Rand
Columbia Broadcasting System
Soblen Deportation Fight Reaches British High Court
In London, Dr. Robert A. Soblen’s lawyers seek habeas corpus relief to block deportation to the United States. They argue Britain may expel him but cannot extradite him, as espionage is not extraditable under the U.S. British treaty. Soblen remains jailed at Brixton as weeks of hearings loom.
MENTIONED IN THIS ARTICLE
London
Robert A.soblen
Britain
High Court
United States
Soblen
Soviet Union
U.S
Brixton
Brooke
New York
Eli al
Israel
el al
Europe
German Problem Discussed in Brief Washington Meeting
Secretary of State Rusk and Soviet Ambassador Dobrynin met about the German problem in a 20 minute session. They continued to discuss a German peace settlement and whether new proposals were submitted remained unconfirmed. Dobrynin said no notes were exchanged.
MENTIONED IN THIS ARTICLE
Washington
Oeve Rusk
Anatoly F. Dobrynin
Geneva
Andrei A. Gromyko
Rusk
Dobrynin
U.S
Fishing Seminar In Moscow On World Aquatic Trade
Rome AP reports the Food and Agriculture Organization will conduct a Moscow seminar on fishing starting August 18 covering Asia Africa and the Soviet Union with discussions on fisheries development and related policy.
MENTIONED IN THIS ARTICLE
Rome
The
Food and Agriculture Organization
Moscow
Asia
Africa
Soviet Union
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Richard Hoenig
AP Business News
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Methodist
Flat Rock
N.C
Robert Kennedy
Washington State
Seattle
William C. Douglas
Supreme Court
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Judy Garland
Hollywood
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Loria
Joey
Lake Tahoe
California Mountains
Carl Sandburg
Aman
Harold Macmillan
Lan
America
Yorkshire
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By James Marlow
HFC
South Main Street
Thurs
George A. Smathers
Dfla
Smathers
Arizona
Carl Hayden
Hayden
Wayne Morse
D-Ore
Ohio
N.Y
Tishman
Fifth Avenue
Fifth] Avenue
Rust
Week Laundry and Cleaners
NEW Service Laundry
Centennial Ave
Edward Small
Adventure
Kerwin Mathews
Cruise Cat
Geisha
Shirley Maclaine
Yves Mont and
Bob Cummings
Mom
Thomasta LE OO
Carolyn Byrd
Big Motion
Fort Bragg, N.C
82Nd Airborne Division
Carolina
Bobby Diamond
Richard Todd
Enneth More
Danielle Darrieux
Susanmnam
York
Jos
Columbia Pictures
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