Steel strikes weigh on New York stocks amid mixed losses
Moderate stock market drops ensue as steel issues lead the declines while copper shares slip on falling world prices. Volume nears 1.7 million with major names like Bethlehem Steel, U S Steel, and Youngstown Sheet & Tube down, rails following suit.
MENTIONED IN THIS ARTICLE
New York
Bethlehem
U.S. Steel and
Youngstown Sheet & Tube
Kennecott Copper
Anaconda
American
Santa Fe
Chesapeake & Ohio
Baltimore & Ohio
New York Central
Bache & Company
American Can Co
Allied Chemical & Dye
11Merican Tobacco Co
Borden Co
Bethlehem Steel
Burlington Mills Corp
Chrysler Corp
New York Central RR
Beedeesseses O20 Sas
Peeeseeseres Ae
Ate
Seeeereeeree
Sears Roebuck
J. P. Stevens Co
American Tel. & Tel
the Texas Co
Phillips Petroleum
Union Carbide & Carbon
Pennsylvania Railway
United Aircraft Corp
Pepsi-Cola
Westinghouse Electric Co
Procter & Gambie
U. S. Steel
Reynolds Tobacco Metna Sheet & Tube
Republic Steel
F. W. Woolworth Co
Dow Jones Averages Reported With Mixed Industrial Readings
The Dow Jones averages show movements across sectors with industrials around 490 and rails near 166 while utilities hover around mid-60s. Trading volume ranges from 600,500 to 1,780,000 shares as furnished by Bache & Co.
MENTIONED IN THIS ARTICLE
Bache & Co
West Coast industrial boom drives population and trade shifts
The West Coast shows rapid industrial growth that many say spurs population expansion and broad market reach beyond the region. Economists credit aerospace, missile and electronics sectors, plus rising transpacific trade, with resilience during national slowdowns. They caution eastern markets may feel pressure as West Coast plants attract labor and favor regional production.
MENTIONED IN THIS ARTICLE
Sam Dawson
Sanciscow
West Coast
California
Ieee Se Auto
Zemo Skin Rash Remedy Claims
Zemo, a doctor's formula, relieves itching of surface skin rashes eczema prickly heat and athlete's foot. The product stops and aids faster healing and clearing. Extra Strength Re is suggested for stubborn cases.
MENTIONED IN THIS ARTICLE
Zemo
Crash near Painted Desert claims two airmen in midair collision
Reports say a DC7 and a Constellation vanished over Lake Mohave en route to New York after 10 58 am. The crash site near the Little Colorado and Colorado rivers shows two scarred cliffs and wreckage including a tail section. Captains Byrd Ryland and Alvin C Scott led search efforts while a TWA spokesman ruled out a staged crash scenario.
MENTIONED IN THIS ARTICLE
New York
Lake Mohave
Colorado River
Painted Desert
Ave
Canyon Village
Byrd Ryland
Mare, Afb
Calif
Alvin C. Scott
Hamilton Afb
Air Force
TWA
Colorado
Chuar Butte
Uff
Free Food Proposed in West Germany Shift Discussion
Senator Mansfield warned Germany might move away from the West as unification pressures grow. He cited resistance to rearmament, NATO commitments, and Eastward trade interests, urging a reassessment of NATO concepts and a new economic conference to boost bloc commerce.
MENTIONED IN THIS ARTICLE
Free World
Germany
West
Esszyuhm
NATO
Russia
Mansfield
United States
Violent Weekend Claims At Least 11 Lives In North Carolina
The Associated Press reports a violent weekend across North Carolina with at least 11 fatalities. Victims include Clifton Joyner 19 and Mrs. Summers Johnston 57 in separate crashes, and Aubrey McLaurin found shot in Fayetteville.
MENTIONED IN THIS ARTICLE
Associated Press
North Carolina
Wilson
Clifton Ronald Joyner
Troy Summers Johnston
Rt. 2
Statesville
Highway Atrolman
J. F. Davis
David Paul Dickering
Ft. Bragg
New Bedford
Mass
Spring Lake
Aubrey McLaurin
Fayetteville
Ernest L
Pat) Patterson
L. G. Jones Cotton Co
Gastonia
Raymond
Buddy) Norman
Mount Airy
J. P. Rhyne
Wilburn B. Vernon
Julium Bailey
Winston-Salem
One Woman Among 1600 Men in Guard Camp
Capt Frances Juanita Proctor to join the 137th Fighter Interceptor Wing at an Air National Guard camp next week as the only woman among about 1,600 men. She serves as acting chief nurse in the 137th Tactical Hospital Squadron and is the sole woman in the Air National Guard.
MENTIONED IN THIS ARTICLE
Oklahoma City
Frances Juanita Proctor
137Th
Air National Guard
Miss Proctor
137Th Tactical Hospital
Button Industry Can Take Heart
Washington reports the button industry has reason to cheer as Navy sailors prefer traditional 13-button pants over zipper styles. Navy officials say a planned switch from buttons to zippers will be rescinded due to majority preference.
MENTIONED IN THIS ARTICLE
Washington 4
Navy
Science shrinks piles without surgery with new Preparation H
A New York report says Bio-Dyne Institute researchers developed a healing substance that reduces hemorrhoids and relieves pain without surgery. The ointment Preparation H is now sold by druggists with a money back guarantee and claims of thorough results.
MENTIONED IN THIS ARTICLE
New York, N.Y
U.S
Also Mentioned on This Page
Dow-Jones
Business Mirror
New England
Federal Reserve Bank of San Francisco
Aoe
Bank of America
Iit
Wright
High Point
N. C
Aste Ong
Duke Power Company
DU Power
Bleda
S. Main St
Roa Ia
T.V. Service
George's Abilety Service
George Gold
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