Stock market shows mixed gains and losses at noon
The New York stock market traded quietly with the AP 60 average down 0.20 to 254.10. Dow Jones industrial average fell 3.16 to 694.25 as losses and gains appeared across blue chips like American Tobacco Goodyear Polaroid Eastman Kodak and General Electric with mixed results on the American Stock Exchange.
MENTIONED IN THIS ARTICLE
New York
Associated Press
International Business Machines
Eastman Kodak
Goodrich
Union Carbide
American Smelting
General Electric
Brunswick
American Stock Exchange
U.S
State official ties in cap rock sign deal raise fairness questions
The report notes payments to Burch's son and a file notation praising Burch's influence as North Carolina traffic engineer in promoting products. Sanford cites SBI summary, Minnesota Mining and Manufacturing says Brewer was hired for his connections but says only Burch was contacted. He insists no evidence of broader influence peddling and asserts a fair business climate.
MENTIONED IN THIS ARTICLE
Burch
North Carolina
Sanford
SBI
Minnesota Mining and Manufacturing Co
Brewer
Robert A. Burch
Security Quotations November 17 1961 Bid and Asked Prices
The following bid and asked prices are compiled from the National Association of Securities Dealers and other sources as an unofficial guide. They indicate approximate ranges within which securities could have been sold or bought at the time of compilation. Origin of quotations available on request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Advertising share by media declines in national mix
The source notes that auto advertising across measured media shows 44 percent in newspapers, 23 percent in magazines, 22 percent in network TV, and 6 percent in spot TV. It implies a shifting balance with other channels to follow.
MENTIONED IN THIS ARTICLE
Network TV
Spot TV
Truman Defends Big New Budget at Kennedy Anniversary
Former President Truman in Washington defends Kennedy's budget, says the country grows and so does the budget, comments on weather and architecture, mocks the Stonehenge idea, and praises Mrs. Kennedy's decorating while noting his health at 77. He attends a $100-a-plate Democratic fundraiser and remarks on the Kremlin and State of the Union.
MENTIONED IN THIS ARTICLE
Washington
Harry S. Truman
Kennedy
Truman
Mayflower
Independence
White House
Kremlin
Molotov
Russia
Great Britain
Frank Lloyd Wright
Guggenheim Museum
New York
Franklin D. Roosevelt
Roosevelt
Cotton prices open steady with minor decline
New York AP reports cotton futures opened unchanged to two cents per bale lower than the prior close. Americans bought 771 million pairs of shoes in 1961. Shoe and apparel makers advertised in daily newspapers in 1960 with a national expenditure of 10.8 million dollars.
MENTIONED IN THIS ARTICLE
New York
Kennedy Seeks Larger Surplus and Defense Cuts in Budget Plan
President and aides push for a bigger surplus to curb a rising debt near 298 billion while defending new outlays. Kennedy cites a 463 million surplus as best policy, warns against deficit spending fueling inflation and slowing recovery. Defense totals total 52.7 billion with space and energy spending included, and tax reforms awaited.
MENTIONED IN THIS ARTICLE
Kennedy
Pentagon
Army
Navy
Air Force
Atlas Fires From Coffin Pad At Vandenberg
The 14th Atlas ICBM launched by a SAC missile crew at Vandenberg AFB California was successfully fired from a coffin pad during a training and testing exercise. The measured distance and target area were not disclosed as the Atlas rose to a vertical firing position after sliding back the roof of the protective structure.
MENTIONED IN THIS ARTICLE
Vandenberg Air Force Base
Calif
Strategic Air Command
Atlas
Nike Zeus Development Gets Priority Not Production
President Kennedy ordered high priority for Nike Zeus anti missile development while budget plans show no funding approval for limited production. Pentagon and Army dispute readiness and long lead item needs as readiness tests face postponement and critics question radar discrimination.
MENTIONED IN THIS ARTICLE
Nike Zeus
Fred S. Hoffman
Washington
Kennedy
Congress
Pentagon
Defense Department
Vandals Attack Truck On Manning Street
Police say juveniles hurled a brick through a truck windshield and ripped wiring from under the hood in a Wilson Sales Co. vehicle on Manning Street. The damage totaled about 40 dollars and was reported at 2 48 p m.
MENTIONED IN THIS ARTICLE
Wilson Sales Co
Manning Street
U N Appeal Over Shelter Riles San Mateo Family Group
In San Mateo California a community of 123 families sent 1031.75 to the United Nations after two thirds rejected a local bomb shelter plan. The gesture frames the U N as a better investment than a protective structure.
MENTIONED IN THIS ARTICLE
San Mateo
Calif
United Nations
U.N
Ranger 3 Moon Flyby Aims for Far Side Images
NASA reports Ranger 3 will photograph the moon's far side as it flies within 2,400 miles of the surface and descends to 15 miles. A 36 inch sphere will detach, slow to 80 mph before impact, while the main craft crashes at 6,000 mph carrying a seismometer and radio transmitter for 30 to 60 days.
MENTIONED IN THIS ARTICLE
Earth
Moon
NASA
Jet Propulsion Laboratory
Goldstone
Calif
Williе Mays Divorce Filing in Mexico by Scarlett Mays
Scarlett Wendell Mays filed for a Mexican divorce from Willie Mays in Juarez Civil Court, citing incompatibility. They separated on September 26, 1961, with a property settlement reached and custody sought for their adopted son Michael, age two. The couple wed February 14, 1956 in Elkton Maryland.
MENTIONED IN THIS ARTICLE
Juarez
Mexico
San Francisco Giants
Willie Mays
Scarlett Wendell Mays
Carlos Uranga Minoz
Mays
Elkton, Md
Swain Residents Urge Probe of Nantahala Power Rates
Swain County citizens urged Governor Sanford to order an investigation into Nantahala Power and Light Co rates amid a Utilities Commission hearing on a rate increase. A Swain County citizens committee says affidavits show boosts as high as 100 percent in some cases. Nantahala, a wholly owned AA subsidiary, said the rise would total about 1 million dollars in revenue or a 33 1/3 percent general increase.
MENTIONED IN THIS ARTICLE
Raleigh
Swain County
Sanford
Nantahala Power & Light Co
Utilities Commission
Kelly E. Bennett
Bennett
Bryson City
Nantahala
The
Aluminum Co. of America
Hardy D. Dudley
Also Mentioned on This Page
American Tobacco
Goodyear
Polaroid
Puerto Rico
Adams Millis A
Allied Chiboneeesh Bom
Allis-Chalsensteeseml Veeee
Am Can Co Crveese
Colonial Stores
Eeeeee
Am Enka
Drexel Furniture
Am Motors Serene
Reaene
Gulf Life Ins
Am Tel & Tel
Harris-T'ter
Jefferson Stand
Life
Atch
T&sf
Atl Coast Line Eenee
Life & Casualty Ins
Ween
N. C. National Bank
Atl Refining
Avco Cp Terre Er
Avco Cp terre er aeee 242 24%\N.S. Tel
Balt & O Fee Eee
N.S. Tel
Bendix Corpetence
NS. Tel
Beth
Piedmont Aviation A
Piedmont Nat. Gas
Boeing Air
Boeing Air * 13% 14% Borden Co . 6442 64% Public Service of N.C. Borg-Warner
Pyramid Life Ins
Champion P&f
Ches & Ohio
Chrysler
Bache & , Rev
Curtiss
Dan Rig Mills
Douglas Airceeees
DuPontdeNeee East Airl
Radio Corp
Ford Motor
Elec Seedenee
Sears Roebuck Tis
Soseeceess Oom
Sou Railway
Sperry Corp
Goodyear T&r Wee
Greyhound Tenner
Stevens J P
Gulf Oil Corp
Nickel Cancove
Texaco Inc
Wee
Paper
Monsanto
Monty Ward
Woolworth
Avia Crveees
Zenith Radween
No Pacific
Ohio Oil Coenes
Penney J Cooreereee
Pennsy RR
Pepsi-Cola
Phillips Petreerees
Jon Jones
Horton Furniture Co
Washington St
Lea
Raymond J. Crowley
David E. Bell
Dwight D. Eisenhower
Bell
Secretary of the Treasury
Douglas Dillon
Dillon
Zeus
Secretary of Defense
Robert S. McNamara
Kwajalein Island
Pacific
California
Swain
Rialto Theatre
Rory
Victoria Shaw
Tuesday Weld
Richard Beymer
Terry Thomas
Rock Hudson
Gina Lollobrigida
Walter Slezak
Aeis
Vaughn
N. Main St
Ta UN Pte Des
Midway Teatee
Gabby Cheekers
Vick
Spencer m Marcels
Clay Cole
U. S
MGM Cast
Jim Hutton
Paula Prentiss
Steve McQueen
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