Utilities slide as profit taking and competition eyed
Mixed Wall Street trading sees the Associated Press 60-stock avg down 0.30 at noon. Utilities fall on fund profit taking and possible public competition, while airlines, drugs, and some aircraft stocks rise. Ford strengthens auto group as Eastman Kodak and Du Pont dip. A CAB order to review South Northeast air service boosts some carriers.
MENTIONED IN THIS ARTICLE
Rip Watson
AP Business News
NEW York (Ap
Associated Press
Wall Street
Southern California Edison
Pacific Gas & Electric
Houston Light & Power
Middle South
American Telephone
Public Service Electric & Gas
Commonwealth Edison
Consolidated Natural Gas
U.S. Steel
Ford
Auto Group
Eastman Kodak
du Pont
Civil Aeronautics Board
New York
Bache & Co
Ee Coreen
Colonial
Drexel Furniture Eevee
Dl Refining
Avco Cp Tae Wee
Balt & O
N.C. National Bank
Burroughs Corp
N.S. Tel
Cannon Mills
Caro P&l
Celanese Corpeers
Piedmont Aviation
Piedmont Nat. Gas
Champion
P&f Weer
N.C
Ches & Ohio Eeenee
Pyramid Life Ins
Soroban Engineering
Columbia G&e
Wachovia
K & Trust
Com! Credit
Ford Motor Reill
Sea Foods Bal
Goodrich
F Hee
Reynolds Teb
Goodyear T&r
Sperry
Tel & Tel
Calif
Kayser-Roth
Kenet Cop Ac Das
Liggett & Myers Ove
Stevens J P
Lockh Air Eee
Seer
Texaco Inc
Lorillard Poe
Textron Inc
McLean Trk
Va el & Pow
Mons
U N Assembly Adopts Bond to Avert World Body Crisis
The session saw Soviet United States accord on disarmament talks and space issues while rejecting Khrushchev’s troika plan. U Thant to head the UN with advisers chosen by him, and a $200 million 25 year bond issue approved to avert bankruptcy. Asian African group asserted influence as they censured South Africa and backed a Korea unification commission.
MENTIONED IN THIS ARTICLE
Soviet Union
United States
Stevenson
Valerian E. Zorin
Hammarskjold
Khrushchev
U Thant
Burma
Assembly
Red China
U.N
Kennedy
Eric Louw
Korea
Kennedy Returns to Hospital for Christmas Week Plans
President Kennedy and family oversee holiday plans at a Palm Beach mansion. Secretary Rusk and aides briefed on arrival as Kennedy visits the hospital for three sessions totaling 2 1/2 hours, accompanied by his wife. Eunice Kennedy Shriver and Patricia Kennedy Lawford join the family as Ted Kennedy and Ann Gargan watch over overnight.
MENTIONED IN THIS ARTICLE
Palm Beach Oceanfront
Secretary of State
Dean Rusk
Kennedy
Rusk
Washington
Eunice
Peace Corps
Sargent Shriver
West Coast
Patricia Kennedy Lawford
Peter Lawford
Edward
Ted) Kennedy
Ann Gargan
Market Snaps Mixed Across Sectors In Early Trading
Dow Jones averages and cotton edged up while American stocks rose modestly. Oil shares were narrowly mixed and rails steadied as losses narrowed. AMEX activity was moderate with prices broadly higher, bonds unchanged, and rails and industrials steady while utilities fell in mixed trading.
MENTIONED IN THIS ARTICLE
United
Amercan
American Stock Exchange
U.S
Congo leaders move toward unified government amid UN role
Ambitious draft accord signals Adoula may push a new constitution for the Congo with provincial autonomy including Katanga. Leaders Tshombe Kasavubu and central Congo government show willingness to recognize the central authority and UN actions, signaling a path to unity.
MENTIONED IN THIS ARTICLE
Tshombe
Congo
Joseph Kasavubu
United Nations
Adoula
Katanga
Max Desfor to Address Newsmen at NC AP Club Luncheon
AP photographer Max Desfor, Pulitzer Prize winner, will speak at the North Carolina AP Club January 18 lunch in Chapel Hill. Hal Tanner, Goldsboro News-Argus publisher and club president, announced the event. The club gathers publishers and editors from AP member papers.
MENTIONED IN THIS ARTICLE
Chapel Hill
N.C
Max Desfor
Pulitz
North Carolina
AP Club
Desfor
Hal Tanner
The
Goldsboro News- Argus
Club
Security Quotations Overview From NASD Guides
Unofficial bid and asked prices are compiled from the National Association of Securities Dealers and other sources. They indicate approximate ranges within which securities could have been sold and Origins of quotation are provided on request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Indian Army Cleans Goa Damao and Diu as Civilians Take Control
Indian engineers continued clearing road mines and restoring transport in Goa Damao and Diu while the government planned civilian administration for the three enclaves. Portuguese forces reportedly used scorched earth tactics before surrender, with Goans welcoming the invaders and authorities arranging recovery and asset inventories. The defense ministry said local conditions returned to normal and that officers would treat Portuguese officials well as plans for a five year development program and new civilian oversight were outlined.
MENTIONED IN THIS ARTICLE
Bombay
India
Goa
Damao
Diu
Defense Ministry
Belgaum
Manuel Vassalo E Silva
Marmagao Naval Base
R.C.V.P. Noronha
K. P. Candeth
Reserve Bank of India
United Nations
Menon
Adlai E. Stevenson
U.S
U.N
Lisbon
Antonio Salazar
Pittsburgh Pirates Duo Apply for Marriage License
Plan marriage Jill Corey singer and Don Hoak third baseman of the Pittsburgh Pirates have filed for a marriage license in Pittsburgh Pennsylvania AP report notes the pair aims to wed in the near future.
MENTIONED IN THIS ARTICLE
Pittsburgh, Pa
Jill Corey
Don Hoak
Pittsburgh Pirates
Sanford Leaders Eye Next Fair and Funding Plan
Sanford suggested a second fair with community participation based on desire and facilities. Most expressed greater benefit than expected while nine questioned value. He proposed using reserve funds of 96,000 with at least 50,000 for the next fair and no direct tax appropriation, aiming for self sufficiency.
MENTIONED IN THIS ARTICLE
Sanford
Also Mentioned on This Page
Soviets
JFK
Dow Jones
Allied
Petre
Am Motors Serene
Am Tel & Tel
T&sf
Central
George W. Ball
Los Angeles
Elisabethville
Phekate Alwiye
Indian Army
R, Satakopan
Gi’s
Craetrematia
Sportsman Shop
House of Quality
College Village Shopping Center
Upton
Sheaffer
Emerson
Greensboro
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