Wall Street Gains on Antirecession Hopes and Strong Averages
The AP market average rose 1.10 to 233.70 at noon with gains across industries including aircraft, steel, motors, rails, and chemicals. Investors awaited Kennedy antirecession steps as bonds firmed and Friday’s rally provided optimism. Major names listed include American Can, Bethlehem Steel, Chrysler, Dow Chemical, General Electric, IBM, U S Steel, Westinghouse, and more.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Wall Street
Kennedy
U.S
Bache & Co
American Can Co
Adams-Millis Corp
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central AR
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Kennedy outlines steps to back dollar and boost defense
Kennedy vows to back the dollar and not distort its value while detailing plans to strengthen defenses on three fronts Polaris submarines missiles and airlift. He warns of a harsh international trial and calls for unprecedented economic aid and a reappraisal of U S defense strategy focusing on Latin America Cuba threat and global communist challenge.
MENTIONED IN THIS ARTICLE
Kennedy
Robert S. McNamara
Free World
Cuba
Congress
Senate
Organization For Economic Cooperation and Development
State Department
AEC Foresees Advances From Nuclear Tests Despite Fallout Fears
The AEC asserts clandestine underground and space tests could yield major weapon-design gains with minimal detection risk. It notes U S capabilities include a broad arsenal and deployment to Strategic Air Forces and missile batteries. The report links progress to 1956 Nevada tests and signals a retirement program for older weapons.
MENTIONED IN THIS ARTICLE
Free World
AEC
America
Department of Defense
Polaris
George Washington
Commission
Nevada
United States
Defense Department
Missing Army Plane Seizes Navy Man From High Point
Chief Yeoman Darrell Adair Bost of High Point North Carolina was aboard a small Army plane missing in Iran since Friday according to the Navy. The other passenger was Army Captain Joseph Thomson of Shreveport Louisiana.
MENTIONED IN THIS ARTICLE
Washington
Navy
Fire alarms answered by fire dept across city
A string of calls yesterday sent fire crews to five locations. At 503 Elwood Dr a grease pan on a hot burner caused smoke.
MENTIONED IN THIS ARTICLE
Fire Dept
Elwood Dr
Oak St
Harriss & Covington Hosiery
W. Green St
Jiffy Manufacturing Co
Kennedy Attacks Eisenhower Policies In Downturn Debate
The account notes Kennedy criticizing former President Eisenhower’s policies amid a downturn. He calls economic prophecy uncertain and recalls predictions that 1960 would be the most prosperous year, while noting unfinished national tasks. He mentions a proposal to extend unemployment benefits on a temporary self supporting basis without detailing specifics.
MENTIONED IN THIS ARTICLE
Kennedy
Dwight D. Eisenhower
Eisenhower
Kennedy invites Soviet join in space programs
President Kennedy urged the Soviet Union to join the United States in space science missions to probe Mars and Venus and to develop weather prediction and communications satellites. He framed three paths for the future: conflict, peaceful competition, or cooperation, stressing open and peaceful competition and cooperation while warning of national peril.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Soviet Union
United States
Mars
Venus
Congress
Red China
White House
Eastern
Europe
Kennedy Seeks Broad Actions From State of Union
In a State of the Union address President Kennedy outlined domestic and international steps. He proposed unemployment aid expansion, housing programs, health care for the aged, tax reform, foreign aid expansion, a peace corps, and stronger UN support, plus science collaboration and space and weather initiatives.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Kennedy urges scientific cooperation for world peace
Kennedy calls for United States Soviet Union and other powers to share laboratories and scientific know how to advance research and build peaceful relations. He frames cooperation as a basis for world peace and legal order.
MENTIONED IN THIS ARTICLE
Kennedy
United States
Soviet Union
Washington
Also Mentioned on This Page
Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors ‘Goodyear Tire & Rubber
International Harvester International
Tel
Standard Oil Co. Jones Laughlin Steel Johns Manville
Norfolk & Western Ray Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Proctor & Gamble Reynolds Tobacco
Republic Steel Sears Roebuck Southern Ray J. P. Stevens Co
American Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
U. S. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
Dow Jones
Remano Certitur New York
Jly
High Pointer
Davis
Patrol & Watchman Service
Jack S. Davis
Acme Office Machine CO
Monthey Ave
High Point
Remington Rand
N.B.O.R
Robert Mitchum
Deborah Kerr
Peter Astway
Department of Housing and Urban Affairs
U. S
Arso
Secretary of Defense
Americas
Latin America
Peace Corps
United Nations
U. N
Science
Fox Go-Boy
Tire Exchange
S. Main St
Rialto Theatre
OAVIA —_—ODIRE
Or Havilland - Bogarde
Public Finance
West Washington St
E. Grimes St
Helen and
Yoder Cook
Sun
Lana Turner
John Gavin — Dee
Aerie of
Fife
Thomasviale
Ima Lollobrigida
Montand
Jim Davis
Barton Maclaange
Lyn Promas
Jack Ricky Lemmon
Nelson
City Fuel CO
Centennial Ave
pUkTaio
Jeffrey Hunter
David Janssen
Patricia Damone - Owens
Family Weekly
Anderson Drug Stores
Dow Witt Fe
Sunda
Lee
A. Corin
Nan
Sea Ft
Paes Peat
Winston-Salem PA
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