Stock market slides as Wall Street opens lower
The AP average of 60 stocks at noon fell 1.3 to 222.8 with industrials down 2.0 and the Dow Jones average slipping 4.02 to 601.23. IBM dropped over 3 points near the 400 level as steel, motors, rails, chemicals, utilities and drugs joined the decline amid profit taking and post Labor Day caution. American Telephone and Du Pont moved down about a point each.
MENTIONED IN THIS ARTICLE
AP Business News
NEW York
Associated Press
IBM
American Telephone
du Pont
Stock market movers drift in thin New York trading
The AP report notes general weakness as GM, U S Steel, GE, Texaco, Johns Manville and Eastman Kodak traded lower. Polaroid rebounded, Xerox fell, and McDonnell Aircraft slipped in a soft aerospace sector amid light volume.
MENTIONED IN THIS ARTICLE
General Motors
U.S. Steel
General Electric
Texaco
Johns Manville
Eastman Kodak
Polaroid
Xerox
McDonnell Aircraft
Alma Loses Punch as Storm Downgraded to Tropical
The Weather Bureau downgraded Alma from a hurricane to a tropical storm as it moved 100 miles off the coast of Massachusetts. It brushed the coast from Virginia to Massachusetts with rain and winds to 53 mph, causing no reported damage.
MENTIONED IN THIS ARTICLE
Boston
Weather Bureau
Alma
Nantucket
Mass
Virginia
Massachusetts
Major oil fields hit by fires across California
Officials report six oil storage tanks destroyed as fires cover large areas. More than 1,000 firefighters battled blazes from Has ley Canyon near Castiac to Placerita and Sylmar. Northern California saw fires at Kelseyville and Lake Shasta with thousands of acres burned and homes lost. Containment levels varied with several blazes largely under control.
MENTIONED IN THIS ARTICLE
California
Hasley Canyon
U.S. Highway 99
Los Angeles
Castiac
Placerita Canyon
Sylmar
Kelseyville
San Francisco
Lake Shasta
Iis
Mariposa
Four Hold Up Royal Bank of Canada in Georgetown
Four masked men robbed a Royal Bank of Canada cashier in Georgetown British Guiana on Tuesday. They seized about $112000 as funds were being transferred to Mackenzie a bauxite town 65 miles up the Demarara River, threatening the cashier with a gun.
MENTIONED IN THIS ARTICLE
Georgetown
British Guiana
Royal Bank of Canada
Mackenzie
Bauxite
Demarara River
Distinction Between Perch and Sunfish Dorsal Fins
The perch family differs from sunfish by dorsal fin configuration. Perches have two separated dorsal fins while sunfish display joined dorsal fins.
MENTIONED IN THIS ARTICLE
Perch
Sunfish
CBS Chief Calls for Elimination of Equal Time Rule
CBS president Dr Frank Stanton urged complete removal of the equal time provision of the Communications Act at the AEJ convention in Chapel Hill North Carolina He argued the rule blocks progress in electronic journalism and campaign coverage and recalled the 1960 relaxation that aided the Kennedy Nixon debates.
MENTIONED IN THIS ARTICLE
Chapel Hill
N.C
Columbia Broadcasting System
Communications Act
Electronics Communications
Frank Stanton
CBS
Association For Education In Journalism
Stanton
Comedians' Father James Goldberg Dies at 82
James T. Goldberg age 82 father of comedians Jerry and Buddy Lester died Tuesday from cancer in Santa Monica California. He formerly was a music critic for Chicago and New York newspapers and lived in retirement in Sherman Oaks.
MENTIONED IN THIS ARTICLE
Santa Monica
Calif
James T. Goldberg
Jerry and
Buddy Lester
Goldberg
James ST. Ormont
Chicago
New York
Sherman Oaks
Reverend Groce, Asheville Methodist Leader, Dies
The Rev. T. A. Groce of Asheville died Tuesday night in an Asheville hospital. He would have been 64 this September 22. A native of Greenville County, S C he came to Western North Carolina as a Methodist Circuit rider in 1909. Funeral services are set for 11 a.m. Friday at Groce Methodist Church. Surviving are seven sons, three sisters, two brothers, and 12 grandchildren.
MENTIONED IN THIS ARTICLE
Asheville
N.C
T. A. Groce
Greenville County
S.C
Willis H
Fred F
Hugh W. Groce
Alvin L. Groce
Charlotte
W. Harold Groce
Albemarle
W. E. McCain
Beaufort Trammel
Greenville
John Balgo
Atlanta
UAR Officer Joins Syrian Group for Egypt Liberation
Maj. Zaghloul Abdul Rahman a United Arab Republic officer who fled to Syria said he would join a Syria based Free Egypt Committee to fight for Egypt’s liberation from dictatorship He was a 39 year old major who helped overthrow King Farouk in 1952 and had been military attaché in Beirut He is the first diplomat to defect to Syria from Nasser’s regime since Burla left last September.
MENTIONED IN THIS ARTICLE
Damascus
Syria
Maj
Zaghloul Abdul Rahman
United Arab Republic
Free Egypt Committee
Egypt
Farouk
U.A.R
Beirut
Gamal Abdel Nasser
Burla
Woodpeckers Cannot Descend Trees Head First
The observation notes that woodpeckers cannot descend a tree head first while nuthatches can. It contrasts their climbing methods highlighting a unique behavior difference between the two bird species.
Ben Bella Follower Clash in Algiers Casbah
In Algiers Casbah an hour long gun battle erupted between Ahmed Ben Bella supporters and hostile guerrillas. Moslems fled in panic and ambulances rushed to the scene as guerrilla troops emerged from Orleans barracks. The clash occurred during Ben Bella’s bid to control the new nation with both guerrilla commands and the regular army backing him.
MENTIONED IN THIS ARTICLE
Andrew Borowiec Algier
Ahmed Ben Bella
Algiers Casbah
Orleans
Aleri
Wool exports to Canada India and Red China cited as top buyers
Britain’s primary wool customers are identified as Canada, India, and Red China. The report highlights these nations as the leading markets for the country’s wool commodities.
MENTIONED IN THIS ARTICLE
Canada
India
Red China
Britain
Leaf Price Averages Tied Tobacco Markets Report
The Associated Press notes regular sales on the Belt markets with an overall leaf price around $60.22 and $60.23 as Tuesday totals reach 2,974,292 pounds. South Carolina and Northern North Carolina belts sold 12,278,350 pounds for $62.91 average, with South Carolina at 6,538,886 pounds for $63.27 and North Carolina at 5,746,646 pounds for $62.50. Eastern Belt prices showed mostly $2 to $3 lower than opening day last year.
MENTIONED IN THIS ARTICLE
Associated Press
South Carolina
North Carolina
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Curtiss Wrt
Dan Riv Mills
Douglas Aire Eebbeee
U.S
Dow Chem
Ennebee Inew York
Duke Powermeenews
DuPontde
Terete
East Air
Seeewee
Ladams Millis
Gen Tel & Tel
Atch
T&sf
Atl Coast Line
Goodyear T&r
Atl Refining
e+ee
Teen
Borden Co
Kenct Cop
Govern- Borg-Warner
Liggett & Myers
Burroughs
Lorillard P
Castro
Caro P&l
Martin-Marietta Ween
United States
Havana
Delaense Corp Pee
Monsanto
Ohes & Ohio
Columbia G&e
Avia
Penney J
Soviet Union
Cas- Pepsi-Cola
Phillips Petr
Radio Corp
Ents
Reynolds Tob
Sears Roebuck
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UN Carbide Seer
Cuba
Union Pae
United Airlines
United Airer
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Canadian Bank
Gary
Myrtle
Maiden Rite
O Bnén
Panett
Dow Jones
Bache & Co
Kirk Douglas
George Hamilton
Alcatraz
By Meredith Wilson
Anglewood Barn Theatre
Clemmons, N. C
Music & Art Center
Paramount
Nak Lato
Thomas Vilero
Willd. Holden
Bugs Bunny
Deborah Kerr
Walt Disney
High Point
UT Sol Te Lak
NEW Service Laundry
Centennial Ave
John Wayne
Pomard
Ben Bella
K & W Cafeteria
HFC
Sma
South Main Street
West
Stewart
Man
Liberty Valance
Ein Miles
Lee Marvin
Edmond O'Brien
Cevte
Muy
Bupur
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