Stock market slips as Dow falls and Rohm & Haas leads gains
The New York market eased in quiet trading with the AP average down 0.60 to 253.50 at noon. Industrials declined while rails gained modestly and several big names like American and Eastern Airlines fell on merger news. Rohm & Haas jumped 17 points, helping limit losses amid a broad slide in stocks.
MENTIONED IN THIS ARTICLE
New York
Associated Press
du Pont
General Motors
Senate
American
Eastern Airlines
Ford
Chrysler
American Airlines
United Airlines
Pan American
Rohm & Haas
American Stock Exchange
U.S
Witness List Highlights Pentagon Speech Cuts and Trudeau
Senator Thurmond cited Defense Department remarks as a key example. He noted 10 items cut from McNamara speech texts allegedly written by Trudeau Thacorre, while Trudeau reportedly delivered 54 speeches in the year. Trudeau schedules to testify alongside General Lemnitzer, JCS chairman.
MENTIONED IN THIS ARTICLE
Secretary of Defense
Robert S McNamara
Trudeau Thacorre
Te Eewecretary
Trudeau
Lyman L. Lemnitzer
Joint Chiefs of Staff
Fleet Street treatment criticized by papers on royal photo fee
The Fleet Street press and political papers debate a 85,000 pound allocation for Princess Margaret and her family’ s photography and residence work. The Communist Daily Worker argues the money could house dozens of homeless families, while the Daily Herald supports resolving the job issue with a focus on the prince’s needs.
MENTIONED IN THIS ARTICLE
Fleet Street
London
the Mail
Daily Worker
Lord Jones
Camera
Laborite Daily Herald
Soviet Debate Over World Strategy Signals Tense Communist Rift
Officials note a softer line from Moscow and Peiping dampening Western hopes, while admitting trouble for the Communist bloc. Khrushchev favors limited conflict and Mao Tze-tung pushes for harsher tactics, yet both oppose capitalism and share overarching aims.
MENTIONED IN THIS ARTICLE
U. S
Moscow
Peiping
Khrushchev
Mao Tze-tung
Five research projects target space radio and satellite mapping
The 5 in 1 program includes Allen to study the radiation belt and northern lights, Lofti for Low Frequency Trans-ionospheric radio propagation, Secor to test future satellite range mapping, and Sureal to calibrate the Space Surveillance System across the southern United States for improved Navy satellite detection.
MENTIONED IN THIS ARTICLE
Allen
Lofti
Secor
Sureal
Navy
United States
Dow Jones Averages at Noon With Mixed Industrials Up
The Dow Jones values show Industrials at 698.54 at close, with 11 A.M. and Noon readings of 695.71 and 692.59. Utilities stand at 123.95, Balis at 147.33, and overall stocks at 238.54 on a heavy trading volume of 3.35 million shares.
MENTIONED IN THIS ARTICLE
Bache & Co
Balis
American Airlines and Eastern Air Lines consider merger
A plan to form American Airlines by merging Eastern Air Lines and American, with assets of 900 million dollars, 39 000 employees and 400 aircraft, will be submitted to stockholders and the Civil Aeronautics Board. The move follows a trend of consolidations amid red ink for 1961, including United and Capital Airlines.
MENTIONED IN THIS ARTICLE
Terprise
Pennsylvania
New York Central
Southern Pacific
American Airlines
Pioneer
Eastern Air Lines
American
Civil Aeronautics Board
Eddie Rickenbacker
Air Ace
Eastern
Rickenbacker
United Air Lines
Capital Airlines
United
Investors ask about guaranteed rail stock yields and retirement plans
The reader asks about Fort Wayne and Jackson 5% preferred stock guaranteed by the NY Central offering around 6.4% yield. Experts warn of risks in a specialized market and advise consulting specialists. other letters discuss paying off a mortgage versus rebuilding stock positions and a death notice for Chester Housh, longtime turkey industry leader.
MENTIONED IN THIS ARTICLE
Fort Wayne & Jackson
N.Y. Central
Charlestown Racing
American Airlines
United Aircraft
Brunswick
Anaconda
Elkton
Chester Housh
Nams Turkey
National Turkv Federation
Aic
East Point Turkeys
Ikton
Unclear financial figures appear in historical OCR fragment
A fragmented OCR line shows large monetary totals and numbers including 162 694 531 93 147 718 and 512 772 985 with multiple nearby figures. The readable content lacks context, names, dates, or places to establish a complete story.
Teen Confesses to Beating Woman and Her 5-Year-Old Son
Raymond Willis Patton, 16, admitted the murder of Shirley Duckworth, 26, and her son Dale, 5, in Denver. He told police he struck with a hammer after asking for tools to repair a bicycle and said he had unwanted thoughts of a relationship with the woman. The boy, an 11th grader, was jailed pending charges.
MENTIONED IN THIS ARTICLE
Denver
Colo
Lloyd Jamerson
Raymond Willis Patton
Shirley Jean Duckworth
Dale
Jamerson
Patton
Duckworth
Tailteann Games Jumping Featured Among Early Irish Events
Tailteann Games in Ireland included jumping as one of five track and field events. The event dates back to ancient times as early as 1829 B C according to the Encyclopedia Britannica.
MENTIONED IN THIS ARTICLE
Ireland
B. C
Karl Marx and the birth of modern socialist theory
Karl Marx helped establish the framework of modern socialism by analyzing class struggle and capitalist systems. His works and collaboration with Friedrich Engels shaped political thought and influenced social movements worldwide.
MENTIONED IN THIS ARTICLE
Karl Marx
United Nations eyes swift Angola independence push
U N delegates expect overwhelming approval for an Asian African draft urging Portugal to end harsh rule in Angola and set the stage for independence. The 40 sponsors seek self determination with reforms and freely elected institutions. The United States Britain and France weigh their positions as observers predict support for the draft.
MENTIONED IN THIS ARTICLE
United Nations, N.Y
U.N
General Assembly
Portugal
Angola
Assembly
United States
Britain
France
NATO
U.S
Washington
Adlai E. Stevenson
Poland
Bulgaria
Security Council
Lisbon
Ghana
Mali
Mongolia
Family of Nations
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Gulf Oil Corp
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Kayser-Roth
Kenet
Liggett & Myers Lockh Air
Lorillard Perteere
McLean Trk
Monty Ward
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Nat Distillers
NY Central
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Sears Roebuck
Tis Sou Railway
Sperry Corp
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Am Can
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T&sf
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Ratt & O
Gia
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Bendix Corp
P&p
Beth
Borden Co
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Sen
Strom Thurmond
Thurmond
Tennenee
Seeneneee
Weeee
Erenee Eeee
Soviet
Dow Jones
Airlines
Derenor
Sungas
Sungas Service
S. Main ST
George R. Ridge
Mgi
Investors Guide
ESTER
C. Housh
Eee
Board of Directors
William H. Earnhardt
Southern Webbing Mills, Inc
Greenaboro, N.C
Thomas M. Belk
Freeutive
Belk Stores Service, Inc
Charlotte, N.C
M. C. Benton, Jr
McLean Trucking Company
Winston-Salem, N.C
Orton A. Boren
Foren Clay Products Company
Greensboro, N.C
W.C. Boren
Pomona Terra Cotta Company
J. M. Bryan
Pilot Life Insurance Company
Greensboro
N.C
Jefferson Standard Broadcasting Co
Charlotte
James G. Cannon
Southeastern Factors Corporation
Wilbur L. Carter, Jr
Southern Life Insurance Company
Creenabora
W.G. Clark, Jr
Clark Industries, Inc
Tarboro, N.C
Frank Dowd
Charlotte Pipe & Foundry Company
John C. Erwin
Auuon-Erwin Company, Inc
James J. Harris
James J. Harris & Company
John B. Hatfield
Sears, Roebuck & Co
Man Order
David R. Johnston
Johnston Mille Company
H. F. Kincey
North Carolina Theatres, Inc
J. van Lindley
Lindley Nurseries, Inc
Jefferson Standard Life Insurance Company
J.H. Lineberger
Acma Spinning Company
Belmont, N.C
J. Spencer Love
Burlington Industries, Inc
James M. Peden
Peden Steel Company
Raleigh, N.C
Addison H. Reese
North Carolina National Bank
Philip D. Robbins
Ellia Stone Company
Durham, N.C
Julian Robertson
Erlanger Mille Corporation
Salisbury
T. A. Upchurch
Durham Life Insurance Company
C. M. Vanstory, Jr
Greenaboro
L. W. Stewart North Carolina National Bank
Patrick N. Calhoun
Julian J. Clark
Thomas I. Storrs
Herbert M. Wayne
C. M. Allred
Charles Lee Amos, Jr
Melrose Hosiery Milla Inc
W. R. Campbell
the Lilly Company
James E. Foscue
É . Richard Hayworth
Hayworth Roll & Panel Company
Joe A. Johnson, Sr
Peerless Flooring Co
Thomas C. Ragsdale
Jamestown Mills, Inc
D. A. Rawley
High Point Enterprise, Inc
John C. Slane
Slane Hosiery Mille, Inc
Herman H. Smith
McEwen Lumber Company
North Carolina National
Federal Reserve Bank
Trust Department
Federal Reserve System
Federal Deposit Insurance Corporation
Boy
Tailteann Games
By Tom Hoge
Mann Drug CO
Nash