Stock Market Mixed as Labor Day Weekend Nears
New York trading was cautious with a midpoint weekly pause before Labor Day. The Associated Press average of 60 stocks stood at 275.9 at noon, with most major issues showing fractional moves and airline groups posting small gains while Magnavox and General Precision slipped as merger talk cooled.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Wall
Eastern
TWA
National
Pan’ American
United
Xerox
IBM
Polaroid
U.S
Sperry Rand
Chrysler
General Motors
American Telephone
General Electric
Standard Oil
Indiana
Westinghouse Electric
National Guard Bureau Chief Retires
Maj. Gen. Donald W. McGowan retires after a half century of service and two world wars. He led the National Guard Bureau since July 1959 and will be succeeded by Maj. Gen. Winston P. Wilson. The report notes his 64th birthday and earlier service including West Point and World War II campaigns. Dow Jones at noon up 1.3 at 727.43 as trading mixed.
MENTIONED IN THIS ARTICLE
Washington
Donald Wilson McGowan
National Guard Bureau
McGowan
Winston P. Wilson
Orange
New Jersey National Guard
Sth
West Point
108Nd Mechanized
Europe
Brittany
Belgium
Holland
United States
New Jersey
National Guard
Cuba miners' rescue tale clashes with claims of life
Reports from the Cuban mine rescue describe Fidel Castro era remarks and testimonies by Richard Thorne of Berkeley about equal treatment in Cuba. Television footage allegedly showed a miner in a chair with a helmet and boots, as officials described a five day darkness and a lifeline rescue.
MENTIONED IN THIS ARTICLE
Tclle
Richard Thorne
Berkeley
Calif
Cuba
Cuban raids raise new aggression fears in Cuba
The article reports two recent hit and run raids on Cuba including an Aug. 19 attack at a north coast metal plant near oil refineries and factories. Cuban officials accuse the United States of direct involvement and vow strengthened defenses. A Cuban exile group claims responsibility for the Aug. 19 raid. Refugees in Florida report Soviet troop activity in Havana with bridges and strategic points reportedly under Soviet control. President Kennedy notes a continued decline in Soviet troops in Cuba but cannot confirm exact numbers and says remaining forces appear focused on training rather than large units.
MENTIONED IN THIS ARTICLE
Caribbean
Cuba
Florida
Havana
Fidel Castro
Kennedy
Dow Jones Averages Report at Noon Close
Dow Jones averages furnished by Sere and Cod show industrials and rails with mixed figures at midday. The record lists closing levels for several sectors and notable stocks, reflecting market activity around noon.
GOP Backing for Preyer Reported in North Carolina
AP reports Onaswounw North Carolina that a petition campaign to run Federal Judge L Richardson Preyer as a Democrat for governor gained force. Percy Wail, a Greensboro lawyer, says Republicans are crossing party lines as in 1962. Thousands signed petitions as People for Prayer opened offices on Jefferson Square and booths in shopping centers in Greensboro and High Point.
MENTIONED IN THIS ARTICLE
Onaswounw
L. Richardson Preyer
Percy Wail
Greensboro
Jefferson Square
High Point
Man from Page LA Reports Unclear Object Near Shaft
An unidentified object near a 208 foot shaft prompted calls to inspect it closely. Charmbury noted no evidence of movement as the camera was readjusted and lowered again for a closer look. Dan Bova, brother of the missing miner, first sighted the object earlier today.
MENTIONED IN THIS ARTICLE
Page LA
Charmbury
Dan Bova
Students discuss Cuba trip and passport invalidation comments
Luria Castell of San Francisco State Teachers College and John Wayne Thomas of Oakland praise Cuba as a fine country while Martin Nicolaus of Fontana explains his passport was invalidated after expiration. Nineteen or 17th century reformers aside, the piece notes 59 students’ travels via Czechoslovakia and Madrid. Clark Foreman of EC If continues debate on legal challenges to passport invalidation.
MENTIONED IN THIS ARTICLE
Luria Castell
San Francisco State Teachers College
Cuba
John Wayne Thomas
Oakland
Calif
Martin Nicolaus
Fontana
Wis
Nicolaus
Wesleyan University
Middletown, Conn
Brandeis University
Waltham
Mass
Czechoslovakia
Havana
Madrid
Boston
Clark Foreman
Five blame state for lack of inspection at mine disaster
In Washington the Bureau of Mines ordered a federal probe and sent a team. Gov George D Clyde promised a state investigation. Hanna and McKinney left hospital beds as rescue operations paused to assist workers but were refused entry. They blamed no state inspector in 18 months. Texas Gulf said daily supervisor inspections occurred. State mine inspector Steve Hatsis noted an assigned inspector and ten inspections since May 24 1961, including three fatal accident probes. The U S Bureau of Mines said four fatal accidents were investigated, three preventable, one due to rock outburst not entirely preventable.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Mines
George D. Clyde
Hanna
McKinney
AicKinney
Texas Gulf
Steve Hatsis
U.S. Bureau of Mines
Miami couple seeks safe home amid hostile protests
Baker from Miami and his wife a nurse at Pennsylvania Hospital plan to move to a wholesome environment for their child. They vow to obey the law while protesters jeer throw eggs and stones and even bomb their home. The Bakers will not cancel their move despite the hostility.
MENTIONED IN THIS ARTICLE
Page LA
Baker
Miami
Flo
Pennsylvania Hospital
Rail Union Names Two Men to Arbitration Panel
Washington AP reports two union reps H E Gilbert and R H McDonald named to a seven member arbitration panel for rail labor rule dispute. Carrier reps J E Wolfe and Guy W Roight named to panel. Panel to include two railroad members two chosen by unions and three neutrals. Arbitration to resolve diesel engine firemen makeup and train crew issues.
MENTIONED IN THIS ARTICLE
Washington
H. E. Gilbert
Apl-Cio Brothershood
R. H. McDonald
Afl-Cio
Brotherhood of Railroad
J. E. Wolfe
Lchief
Guy W. ‘Roight
Pennsylvania Railroad
Co-Signer Sought After Robbery in Miami
In Miami Coral Gables, a manager reported a young man refused a loan because he was underage. The man returned with a second youth and a revolver, then fled with 12 dollars.
MENTIONED IN THIS ARTICLE
Miami
Fla
APA
Coral Gables
Charles Jones
Down payment deal to pay 24 months on road route notice
A brief transit or church area notice mentions a 10 percent down plan with 24 monthly payments. It references Highway 31, Archdale to Glenoa Baptist Church, and a right turn onto Bien. The fragment hints at location and directions for a potential service or sale.
MENTIONED IN THIS ARTICLE
Archdale
Glenalz
Glenoa Baptist Church
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