Market slips after brief uptick in midweek trading
The Dow Jones average at noon fell 2.91 to 706.63, as the AP 60 stock index stood 0.80 lower at 258.60. Losses in rails, utilities, chemicals, drugs, and electronics outweighed small gains, with Boeing briefly up then flat, MGM down about 3, and National Biscuit and Litton Industries down over 2.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Boeing
MGM
National Biscuit
Litton Industries
Sweets Co
General Electric
Shering
General Dynamics
American Stock Exchange
U.S
Bache & Co
Atl Refining
Avco Cosorestes
Balt & O
Bendix Corp Eeeeeene
Beth Stl
Nat Biscuit
Nat Dairy Pd
Coml Credit Serene
Stleen Eeeennee
Con Ed
Reynolds Tobeeeeee
Sears Roebuck
Dan Riv Mills
Sperry Corpeeneeee
Dow
Firestone Rubeeeee
Ford Motor Eeeweee
Stevens J Peeneeee
Texaco Inc Eeeenee
Gen Eleeeee
Textron Inc. Eeeee
Gen Foods Ween Enene
Union Bageeee Eter
Gen Mot Vaoues Coves
Union Carbide
Gen Tel & Telee
Union Pacific Weeee
Giant Prt Chem
Goodrich BF Seeweee
United Airlines
United Aircr
Goodyear T & A
United Fruit
Greyhound Eee
Rubber
Gulf Oil Corp Ween
Geneva talks inch toward heads of government meeting
Kennedy and Khrushchev clash over timing for a summit while the foreign ministers level talks are urged. Macmillan backs ministers level opening as Godber and Dean join the Geneva talks with 18 nations represented.
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Khrushchev
Geneva
Kennedy
Harold Macmillan
Macmillan
U. S
Soviet Union
United States
United Nations
Britain
Canada
France
Italy
Joseph Godber
Arthur Dean
State Department
University governance proposals on student aid and communication
The document outlines targets for improving faculty research support and publication, enhancing student orientation and counseling programs, seeking more scholarship funds and self-help opportunities, and studying the use of communication between trustees administrators and faculty to clarify roles and relations.
Kennedy and Glenn March in Marine Band Led Parade
The plan calls for an honor guard of Marines and a quick walk to a reviewing stand as Glenn, Kennedy, and the astronaut party depart in a bubble-top limousine. Glenn greets the Marine color guard, then the group moves toward Washington with a brief ceremonial sequence including a White House welcome, parade on Pennsylvanian Avenue, and a Congressional appearance.
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Armed Services
Glenn
Space Venture
Florida
Marine Color Guard
Kennedy
Washington
Annie
Glenns
Lyn
David
Godfrey McHugh
Air Force
Maryland
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Pennsylvania Avenue
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U.S. Army Band
U.S. Marine Band
Capitol
Lyndon B. Johnson
Space
Marines
Washington Post
Andrews Air Force Base
Palm Beach
Fla
Virgil I. Grissom
Supreme Court rules single judge may hear bus desegregation case
The Supreme Court holds no three judge panel is required to rule on challenges to state segregation laws affecting interstate transport. It says a single U.S. District Court judge can rule on unconstitutionality, noting the plaintiffs as aggrieved passengers in Jackson who used waiting rooms reserved for whites and faced prosecutions.
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S Court
U.S. District Court
Jackson
Supreme Court
Gaitskell Sees Kennedy Favoring Nuclear Test Ban Pact
London AP Hugh Gaitskell said Kennedy would prefer a practicable test ban pact with Moscow over a new round of atmospheric explosions. He noted the US might delay blasts if an effective safeguarded agreement exists, as Britain prepares for possible Christmas Island tests.
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London
Hugh Gaitskell
Kennedy
Moscow
Gaitskell
British Labor Party
United States
Soviet Union
Britain
Christmas Island
mid-Pacific
Russia
Steel Talks Make Little Progress at Pittsburgh Talks
AFL CIO Executive Council meets at Bal Harbour Florida as labor leaders report limited progress in Pittsburgh steel contract talks. March 1 settlement target improbable amid warnings on unemployment and calls for higher wages tax cuts and public works. George Meany urges shorter work week and cap ex needs.
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Norman Walker
Bal Harbour
Fla
Pittsburgh
Aflcio Executive Council
Kennedy
Aflcio Council
George Meany
Afl-Cio
Organized Labor
Meany
Congress
North Carolina aims to lure European visitors via briefings
Miriam Rabb of the North Carolina Department of Conservation and Development describes ties to Britain and Scotland and plans to showcase the state to Europeans. The mission extended a briefing by U S Travel Service staff from one to three hours and will continue to Europe after returning from New York.
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U. S
Miriam Rabb
North Carolina
Europe
New York
Amsterdam
Holland
Frankfurt
Germany
Friday Says North Carolina Faces Higher Education Crisis
President William C. Friday warned that enrollments across the Consolidated University system and state colleges are rising explosively. He told the board of trustees a nationwide campaign is needed to explain the crisis and defend teacher training, professional education, and citizenry development. He urged immediate action to secure places for current students.
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Raleigh
William C. Friday
Consolidated University of North Carolina
Friday
Tar
Consolidated University
North Carolina
Aldrige Reports Unreadable Signature on Check
McAlester Oklahoma businessman J W Aldrige said he received a check with a signature he could not read and could not recall who gave it to him.
Travelers’ European itinerary to Zurich Paris and New York
They depart for Zurich and Paris then plan to return to New York by air on March 8. The trip covers Switzerland and France with a concluding flight back to the United States.
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Zurich
Switzerland
Paris
New York
UNC Trustee Defies Board With Personal Eulogy
Raleigh AP report notes Herman Weil of Goldsboro, long UNC Trustee, wrote a tribute before death. The committee submitted his own statement in place of the usual eulogy, detailing his life from 1882 birth through UNC ties, family, and hopes for his granddaughters to attend the university.
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Raleigh
Herman Weil
Goldsboro
University of North Carolina
Weil
Boro
Henry Weil
Leslie Weil
Lionel Weil
UNC
Court Orders Bail Action in Shuttlesworth Case
The Supreme Court gave Alabama courts five days to grant bail to Rev. F L Shuttlesworth a Negro minister serving a 90 day Birmingham jail term for breach of peace He petitioned for habeas relief If not acted on within five days the case may go to the U S District Court and bail could be considered pending final disposition. Shuttlesworth began serving the sentence January 25 noting the complaint lacked specified misconduct.
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Washington
Supreme Court
Alabama
F. L. Shuttlesworth
Birmingham
Shuttlesworth
U.S. District Court
Cotton Futures Open Steady on New York Market
Cotton futures in New York opened unchanged to 45 cents a bale higher than the prior close, signaling a cautious start as traders weigh supply and demand dynamics in the key fiber market.
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New York
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