Stocks Rally Early Ahead of Washington’s Birthday Weekend
The Dow neared a key level as trading opened with heavy volume of about 177 million shares. Motors, steels, airlines, and retailers led gains while building materials and aerospace mixed. Steel demand remained strong with solid business activity.
MENTIONED IN THIS ARTICLE
New York
Washington
Market gains glow as tax cut bill looms
Noon stock averages climbed with the Dow approaching 800 as the $11.5 million tax cut bill looms. Industrials led gains, while bonds fell and the market remained volatile amid mixed activity on the American Stock Exchange.
MENTIONED IN THIS ARTICLE
Associated Press
Dow Jones
American Stock Exchange
U.S
Colleges push for expanded system in North Carolina towns
UNC aims to establish more comprehensive community colleges in cities and counties and considers making Charlotte College a fourth unit of the Consolidated University. A comprehensive report with recommendations is expected for consideration. In court, Bob Tonnhill faces contempt concerns as Ruby observes and reporters note his nervousness and calm reactions during proceedings.
MENTIONED IN THIS ARTICLE
Asheville
Charlotte
Wilmington
Charlotte College
Consolidated University
Ruby
Belli
Dow Jones Averages Record At Noon Markets
The day’s Dow Jones figures show a midpoint around 799 with morning 799.30 and noon 799.87 demonstrating slight gains. Trading volume listed as 1,770,000 at one point and 2,840,000 later, with related prices near 186 to 187 in the index and 139 to 140 in related readings.
MENTIONED IN THIS ARTICLE
Bache & Re
A.m
Justices Refuse Stay in Northeast Airlines Route Dispute
The Supreme Court declined to act on an Eastern Airlines protest seeking a stay of a Civil Aeronautics Board order. Northeast Airlines must discontinue the New York to Florida route by Oct. 1, with the Boston circuit stay extending to April 30, 1964. The stay would cost about $72,685 daily to Northeast and National Airlines.
MENTIONED IN THIS ARTICLE
Washington
Su- Court
Eastern Air Lines
Civil Aeronautics Board
Northeast Airlines
New York
U.S. Circuit Court
Boston
Northeast
CAB
Northe
Ast
York-Florida
Circuit Court
National Airlines
Flier Falls 1000 Feet Into Snowbank
Lt. Edward A. Dickson a Navy pilot from Wyoming Pennsylvania is recovering from a broken right leg at Naval Hospital Oakland after leaping from a disabled A4 Skyhawk whose parachute failed to open He fell about 1000 feet into a snow drift and was found wrapped in his chute Rescuers kept him warm and he said he cannot wait to fly again confirming his desire to return to a cockpit
MENTIONED IN THIS ARTICLE
Oakland
Calif
Edward A. Dickson
Dickson
Wyoming
Oak Knoll
Naval Hospital
Sanford urges broader use of surplus food program
Gov. Terry Sanford urged expanded participation in the federal surplus food program after reports of children in SPort County rifling garbage cans for food. He said 50 of North Carolina’s 100 counties now use the program and emphasized eliminating poverty as the long term goal. Counties pay under half a cent to distribute surplus food.
MENTIONED IN THIS ARTICLE
Raleigh
Terry Sanford
Sfort County
North Carolina
Bachelors Run Ottawa Women’s Club Fundraiser Court
The Ottawa area hosts a playful court day as Bachelors bear the city’s jobs for a fundraiser. Dorothy Bender recalls past Mayoral role, Nancy Hilton acts as police magistrate, and officials face light bribery pranks as men are summoned in a mock trial to raise money for a mobile rescue unit.
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Ottawa
Illinois River
Dorothy Bender
Miss Hayne
Nancy Hilton
Phil Bailey
Bailey
Fellows
Why the Sixties Look Better Today Despite Caution
The piece argues that despite high unemployment and excesses, the decade rarely dropped below 4 million in some measure. It notes the caution born of excesses kept the era from booming as pace later quickened. It asks why the sixties appear more favorable in hindsight.
Bartenders Raise Heart Fund Money at Boardwalk Event
About 1000 bartenders and bar owners gathered on the Atlantic City Boardwalk to raise money for the Heart Fund. Former middleweight boxer Rocky Castellani attended in a Beatle wig, operating a resort bar.
MENTIONED IN THIS ARTICLE
Atlantic City
N.J
Heart Fund
Rocky Castellani
Wheat Boycott Continues Amid Labor Talks
The U S wheat boycott against Russia remains in force as unions demand at least 50 percent of shipments be carried in American vessels. Eight ships are tied up in Atlantic and Gulf ports while Wirtz negotiates with AFL CIO leaders. No quick settlement is seen.
MENTIONED IN THIS ARTICLE
Neil Gilbride
Associated Press
Miami Beach, Fla
U.S
Russia
As of
W. Williard Wirtz
Soviet Bloc
Thomas W. Gleason
International Longshoremen’s Union
Atlantic
Gulf Coast
Wirtz
Washington
Johnson
Afl-Cio
George Meany
Soviet Union
U. S
Kennedy
Maritime Administration
Continental ‘Grain Corporation
Con
Miami Beach
Afl-Cio Executive Council
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