Stock market mixed gains and losses in light trading
New York stocks showed uneven moves in a thin session with many fractional changes. Major movers included White Motor up sharply and Eastman Kodak gaining, while Standard Oil New Jersey and Pfizer fell. Bonds rallied as cash prices fluctuated through midday.
MENTIONED IN THIS ARTICLE
New York
Standard Oil
New Jersey
General Motors
White Motor
Burlington Mills
Chrysler Corp
New York Central RR
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Gulf Oil
Goodyear Tire & Rubber
International Harvester
International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
U. S. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
Investors Guide on Choosing a Mutual Fund Strategy
A reader questions SEC status of funds and suitability for a young couple saving 35 weekly. Advice favors growth funds, affordable payments, and long horizons, noting front loads to avoid, and the value of life insurance for dependents. A professional man seeks a single growth fund for his 75 monthly plan aimed at college costs, with Shulsky offering general guidance and inviting stamped envelopes for investment lists.
MENTIONED IN THIS ARTICLE
SEC
Shulsky
Khrushchev Deems Talks Needed on German Unity and Iran Treaty
Khrushchev hailed Mansfield's push for direct talks between East and West Germany and a central European nuclear free zone. He said West Germany should accept direct dealings with East Germans. Khrushchev also accused Iran's Shah of bowing to pressure from the U S Britain and Turkey to reject a Soviet Iran treaty and sign a bilateral pact with the United States to secure American troops.
MENTIONED IN THIS ARTICLE
Khrushchev
Sen
Mike Mansfield
Congress Not Lacking In Harmony
Washington AP reports a playful House of Representatives fundraiser turned into a mock barbershop quartet. Democratic members Toby Morris John S Monagan Oren Harris Ross Bass performed as The House Boys with humorous notes about North South harmony and a self composed number about Confederate money.
MENTIONED IN THIS ARTICLE
Washington
Congress
House of Representatives
Adeline
National Symphony Orchestra
Derby
Toby Morris
D Okla
John S. Monagan
Dconn
Oren Harris
Congressman Bass
Monagan
Cor
Rete
Hale Boggs
D-La
Hank ‘Fort
Eisenhower defends balanced budget stance amid deficit talk
President Eisenhower rejects the notion that a balanced budget is a fetish as he notes a projected 13 billion dollar deficit for the year. He says the administration will aim to balance revenue and spending for the new fiscal year if prosperity continues, and he comments on McElroy’s tenure and the difficulty of filling top government posts for the final two years.
MENTIONED IN THIS ARTICLE
Eisenhower
McElroy
Neil H. McElroy
White House
Parking Ticket Costs $33
DETROIT AP The $1 overtime parking ticket cost retired antique dealer Fenton R. Mathews of Birmingham $33 after he refused to pay and requested a jury trial. The jury found him guilty and the total fine, delay and court costs amounted to $33.
MENTIONED IN THIS ARTICLE
Detroit
Fenton R. Mathews
Birmingham
Visiting Masons Welcome Arnold J. Koonce Jr Master
The Visiting Masons welcome Arnold J. Koonce Jr as master with Fred R. Sherrer serving as secretary in a ceremonial gathering. Members from the lodge attend to honor leadership changes and uphold fraternal traditions.
MENTIONED IN THIS ARTICLE
Masons
Arnold J. Koonce, JR
Fred R. Sherrer
Makes Date With Fugitive Makes Date With Fugitive
Deputy Sheriff Roy Lee Hurd visited the home of Sammy Green after Green failed to appear for a burglary trial. Hurd left his number. Green called next day and accepted a job as a laborer at a cafe meeting. Green is no longer a fugitive.
MENTIONED IN THIS ARTICLE
Dallas
Tex
Roy Lee Hurd
Sammy Green
Hurd
Green
Heart Diseases Cause More US Deaths Than All Other Causes
The statement notes that heart diseases kill more Americans annually than every other cause combined, underscoring cardiovascular illness as the leading mortality factor in the United States.
MENTIONED IN THIS ARTICLE
United States
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Colgate-Palmolive
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Texas Co
Royal Dutch
Standard of
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Lorillard
Westinghouse Electric
Pfizer
American Can
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Furnishe Bache & Co
American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Bethlehem Steel
Investors Guide
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Bache & Co
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Dee Vasceecdusceses
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Westinghouse
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RCA Victor
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