Market Mixed As Savings Loans Rebound And Aircraft Spurs
Stocks showed a mixed midday tone with the Dow off 0.33 to 730.98 as savings and loan shares rebounded from declines. Aircraft missiles advanced on Pentagon spending hopes, while auto and electrical equipment stocks led gains and several sectors edged lower.
MENTIONED IN THIS ARTICLE
ED Morse
AP Business News
NEW York
Associated Press
Pentagon
Katanga
Big Three Motors
Financial Federation
San Diego Imperial
United Financial
First Charter Financial
Great Western Financial
Douglas
Chrysler
General Motors
General Electric
Westinghouse Electric
American Stock Exchange
U.S
Katanga Skirmishes Draw in Swedish and Irish Reinforcements
Katanga reports said 300 Swedes landed from Stockholm and 350 Irish soldiers were en route from Dublin as fighting around Elisabethville intensified. U.N. spokesmen said shells hit targets while Katanga claimed U.N. withdrawal from the Lido Hotel. More than 40 dead reported. Red Cross ambulances denied being fired upon.
MENTIONED IN THIS ARTICLE
Stockholm
Dublin
Albert Nyembo
Katanga
United Nations
Elisabethville
Abdul Latif Suegar
U.N
Lido
U.N. Security Council
Congo
David Halberstam
New York Times
Virgil Berger
Reuters
International Red Cross
Red Cross
Andre Roey
Kennedy pushes for broader trade flow while rejecting single market
President Kennedy signals a campaign to ease barriers on select goods with a plan to replace the current law by next June. He rejects joining the Common Market and vows to use tariffs cautiously to aid U S industries while supporting price stability and export growth without imposing exchange controls or dollar devaluation. He noted he will outline details in a Miami Beach address to the AFL-CIO and emphasized protection for workers and communities.
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Kennedy
Barry Goldwater
R-Ariz
United States
France
Italy
West Germany
Belgium
Netherlands
Luxembourg
New York
Am Tel & Tel
Atch T&sf J
Afl-Cio
Miami Beach
Fla
Atl Coast Line
Atl Refining
Roem Oyadin Daar
Reegy
Pedo Eendl
Beth A
Boeing Air
Borden Co
Borg-Warner Fenven
Burland
Burroughs Corp
Cannon Mills
P&l
Celanese Corp
Champion P&f
Ches & Ohio
Chrysler
Uon
Coca-Cola -Ceese
eeeeSerdd
Curtiss
Dan River Mills
VidraTechs
DuPont den
Nico Sies
Eastman
Cnoes
Firestone
En- Ford
Tel & Tel
Nickel
Tel
Kayser-Roth
Kenct Copsieweees
Liggett & Myers
Gee Aleie
Oka
MNCET
Awerg Cisaiece
Hobo Avir
Io Dcass
SM Devers
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Sears Roebuck
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Ltd
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Std
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United Airlines
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Va-Caro Chem
Va el & Pow
Mira
Batess
Western Md
West Union
Tentuaen Eee
Westing Elseeeseee
Winn-Dixie
Woolworth Wied Toe
Zenith Radsi
Submarine Sakamaki's Pearl Harbor Mission Crashes Near Oahu
Sakamaki recounts leading the sub toward Lanai Island then veering off course near Oahu. After hitting a reef they burned the sub and abandoned ship. He explains Inagaki drowned while attempting to reach shore and he floated unconscious until rescued by an American Army sergeant.
MENTIONED IN THIS ARTICLE
Nila
Singpore
Sydney
Australia
Sakamaki
Lanai Island
Pearl Harbor
Lanai
Oahu Island
Inagaki
Dow Jones Averages End Day Figures Reportedly Shifting
Furnished figures show the Dow Jones averages with Industrials around 731, Rails near 145.8, Utilities about 134.6 and overall stocks near 249 as trading activity reached several million shares by noon.
MENTIONED IN THIS ARTICLE
Bache & Co
18 Injured In Crash Of School Bus
A school bus carrying more than 50 Negro students ran off a rain slick dirt road near Shelby. Eighteen were injured, with 13 year old James Glenn hospitalized for multiple cuts. 10 year old Sheryl Borders broke an arm. 15 others and driver John H. Schenck had minor injuries. Schenck faces a speeding charge as the bus headed to Washington School shortly before 8 AM.
MENTIONED IN THIS ARTICLE
Shelby
N.C
James Glenn
Sheryl Borders
John H. Schenck
Here
Schenck
Washington School
Waco
Highway Patrol
Mechanic Crushed To Death In Car Lift Mishap
In Concord North Carolina Harry A Blackwelder 38 was crushed when a car pinned him against a wall at Widenhouse Motor Co garage The car driven by A W Widenhouse Jr assistant manager had its brakes fail as it was placed on a lift Coroner Clifford H Brown said an inquest decision is pending Blackwelder lived in Mount Pleasant and left a widow and two children.
MENTIONED IN THIS ARTICLE
Concord
N.C
Harry A. Blackwelder
Widenhouse Motor Co
Clifford H. Brown
A. W. Widenhouse Jr
Blackwelder
Mount Pleasant
Soviet Tank Divisions and Bridge Units in Europe
Fitch described Soviet forces as fielding tank divisions with 300 plus tanks and rifle divisions with over 200 tanks each. He noted nuclear weapons support for major units and advanced bridging gear including a light amphibious tank and amphibious armored carriers. He said Soviet defense plans emphasize deep dispersion to limit losses from nuclear strikes.
MENTIONED IN THIS ARTICLE
Fitch
Europe
Eastern North Carolinians Protest Location of Highway
Residents and officials in eastern North Carolina push for an east side route of U S 301 481 over I 95 critics warn of higher costs and longer travel times while citing regional economic stakes and several local endorsements for a cost study and by pass improvements.
MENTIONED IN THIS ARTICLE
L. H. Fountain
D-N.c
Dolley
Weldon
N.C
Kenly
U.S. 301
Raleigh
Norfolk
Wesleyan College
Rocky Mount
Wilson Reservoir
Bureau of Roads
R. W. McGowan
State Highway Department
McGowan
Hal Dolley
Enfield
Tri-County
Katanga Crisis Sparks U N Intervention Debate
A speaker argues that United Nations action cannot resolve the Katanga problem and may worsen it. He also questions U S government motives, suggesting possible concessions to the Soviets or communist influence in the State Department.
MENTIONED IN THIS ARTICLE
United Nations
Katanga
State Department
Commission Study Gaps Noted By Worth Joyner
Worth Joyner said the current Sanford administration’s new commission has not studied the plans, while the prior Hodges administration’s commission had given them careful study.
MENTIONED IN THIS ARTICLE
Worth Joyner
Sanford
Luther Hodges
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Halifax County
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Nash County
Rocky Mount 301
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