Stock Market Slips in Early Trading Across Sectors
The New York market fell modestly in active trading with most major shares down fractions to about a point. Industrials such as steels, motors, oils, utilities, aircraft, electronics and nonferrous metals led declines while drugs and tobaccos were mixed and rails barely moved.
MENTIONED IN THIS ARTICLE
New York
American
United Air Lines
United Corp
Bache & Co
American Can Co
Allied Chemical & Dye
Adams-Millis Corp
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central RR
Cone Mills Corp
Douglas Aircraft
DuPoint de Nemours
Dow Chemical
Security Quotations Guide To Bid And Asked Prices
A summary of unofficial securities quotations from the National Association of Securities Dealers and other sources. The guide indicates approximate ranges for bid and asked prices at the time of compilation with origin information available on request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Dow Jones Averages and trading data at noon
The Dow Jones averages show the 30 Industrials at 643.02 at morning, 642.45 near noon, and 645.65 closing. The 20 Rails stand at 141.90 morning, 142.00 noon, and 142.00 closing with Utilities at 107.60. Overall index 21818 with volume around 610000 to 1560000 shares and dollar volume about 2.69 million.
MENTIONED IN THIS ARTICLE
Bache & Co
Il A.m
Passengers Describe Riots Aboard Ship During Crisis
Dr Irene Dunn of Pomona and Mrs John Dietz recount chaotic days as crew rioted over releases aboard the Santa Maria. Passengers faced machine guns, rationing, and fear while awaiting assurances from broadcasts and U S authorities.
MENTIONED IN THIS ARTICLE
Irene Dunn
Pomona
Calif
Los Angeles
Dunn
John Dietz
University of Florida
Dietz
Recife
Brazil
Jacksonville
Voice of America
British Broadcasting Co
Santa Maria
Uncle Sam
Kennedy seeks tougher sentences in giant price fixing case
Attorney General Robert F. Kennedy urged harsher penalties after reviewing the case. The government sought $1,227,500 in fines and 23 jail terms for 21 firms led by General Electric and Westinghouse. Judge Ganey called the firms and 45 executives a mockery of free enterprise and noted limited disposition of indictments.
MENTIONED IN THIS ARTICLE
Ganey
Kennedy
Robert F. Kennedy
Justice Department
U.S
America
General Electric Co
Westinghouse Electric Corp
Kennedy era wage bill trials stir Senate action
The prompt outlines hearings on minimum wage expansion planned to begin Friday February 17 with four days of hearings on administration labor management and outside interests. Kennedy and Goldberg back proposals mirroring prior plans to raise the wage floor from 1.00 to 1.15 initially and 1.25 later.New coverage would reach about 4.4 million workers with broad exemptions debated. Powell says hearings start next week with aim to pass the bill by April amid AFL CIO Teamsters tensions.
MENTIONED IN THIS ARTICLE
Powell
Massachusetts
Kennedy
Senate
American Retail Federation
U. S. Senate
House of Representatives
Arthur J. Goldberg
Adam Clayton Powell
DN. Y
House Labor Committee
Goldberg
Congress
Afl-Cio
George Meany
Sidney Zagri
Teamsters Union
Meany
Teamsters
James R. Hoffa
Filipinos Say SEATO Has Collapsed
AP chief Jim Becker reports Manila that Philippine mood is rife with discontent over SEATO amid Asian tensions. He notes Bangkok SEATO talks on Laos and the anti Communist ministers meeting as Manila shifts focus to President Garcia’s Malayan visit.
MENTIONED IN THIS ARTICLE
Kuala Lumpur
Malaya
SEATO
Asia
Felixberto Serrano
Carlos P. Garcia
Southeast Asia
Serrano
U. S
Manila
Britain
France
United States
NATO
Philippine
Laos
Quemoy
Matsu
Red China
United Nations
Reds
Europe
Bangkok
Washington
Kennedy
Jim Becker
Terrell Indicted for Embezzlement at Negro College
Winston-Salem AP reports former Winston-Salem Teachers College business manager Andrew I. Terrell indicted by Forsyth County Grand Jury on 14 forgery counts and 11 embezzlement counts. Alleged to have stolen $2,273 from Oct 1957 to May 1959 and $1,176 from Apr 1952 to Aug 1959 from the state supported Negro college. Terrell, who served 32 years, shot himself upon learning of questioning. hospitalized, later confined at home.
MENTIONED IN THIS ARTICLE
Winston-Salem
Andrew I. Terrell
Winston-Salem Teachers College
Forsyth County Grand Jury
Henry Bridges
Terrell
Sanford Forms New State Highway Safety Council
Gov. Sanford launched a highway safety program by forming the North Carolina Traffic Safety Council Inc. Alex Gallo of Winston-Salem chairs the group with J. M. Wasson of Charlotte as vice chairman. The council aims to save 100 lives in its first year and plans to raise 150000 dollars for an office and full-time staff.
MENTIONED IN THIS ARTICLE
Raleigh
Sanford
Executive Mansion
North Carolina Traffic Safety Council Inc
Alex Galloway
Winston-Salem
R. J. Reynolds Tobacco Co
J. M. Wasson
Charlotte
Southern Bell Telephone and Telegraph Co
Hummingbird's Daily Caloric Output Compared to a Man
A hummingbird's daily caloric output for its routine activities equates to about 155000 calories when scaled to a 170 pound man.
Price Fixing Scrutiny Expands Beyond Electrical Equipment
In Philadelphia federal court, 29 electrical equipment firms and 45 officials face antitrust charges for secret price fixing and market division. The case raises broad questions about how widespread such practices are across industries, and whether other sectors may be under similar scrutiny. The judge has imposed $921,500 in fines and seven executives face 30 days in jail in the initial indictments.
MENTIONED IN THIS ARTICLE
Ing
J. Cullen Ganey
U.S. District Court
Journalism School Receives Gift Fund at UNC
A gift of 5022.50 to the University of North Carolina School of Journalism may be used by Dean N N Luxon for improvements. The Journalism Foundation of North Carolina funded the gift from state newspaper contributions and fund income, presented Monday in Chapel Hill.
MENTIONED IN THIS ARTICLE
Chapel Hill
N.C
University of North Carolina
N. N. Luxon
Journalism Foundation of North Carolina
Journalism Fund
Also Mentioned on This Page
Eastern Airlines
Consolidated Edison
Eastman Kodak
General Dynamics General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
Alvac Metals
International Harvester
American Marietta
International Tel. & Tel
Andersen Lab
Standard Oil Co
Jones Laughlin Stee
Bevis Shell Homes
Johns Manville
Colonial Stores
The
Texas Co
Jefferson Standard Life
Union Carbide & Carbon Life & Casualty
United Aircraft Corp
Westinghouse Electric Co
U. S. Steel
N. C. Natural Gas
Youngstown Sheet & Tube
Penninsular Life
F. W. Woolworth Co
Piedmont
Dow Jones
By Jim Becker
Southeast Asia Treaty Organization
Jly
Dee Eonsesons
Wachovia
Trust Department
Wachovia Bank and Trust, Company
Antitrust Investigations
By Sam Dawson
AP Business News
Philadelphia
Free Enterprise
Journalism School
Woodroe
F. Haywood
W. Washington
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