Margin Drop Used To Spur Stock Sales
Margin changes drive active traders to buy on credit or cash. Brokers vary rules for margin accounts, with some requiring $1,000 deposits and higher credit checks. History shows margins can lift prices briefly but do not guarantee sustained gains or prevent downturns.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
New York
Wall
Federal Reserve Board
Federal Reserve
New York Stock Exchange
Fed
Exchanges
Fayetteville Schools Begin Partial Desegregation
Fayetteville North Carolina public schools began partial desegregation with four Negro girls assigned to white schools. Two first graders to Haymount Elementary, one fifth grader to Ramsey Street Elementary, one eighth grader to Alexander Graham Junior High. Thirteen requests for admission to white schools were denied. The Board stated continued adherence to North Carolina public school laws serves all pupils.
MENTIONED IN THIS ARTICLE
Fayetteville
N.C
Tar Heel
Board of Education
Haymount
Ramsey Street
Alexander Graham
North Carolina
103 Year Old Man Found Hanged in Manhattan
New York AP reports 103 year old Max Kastenbaum was found hanged in his Manhattan apartment by his 73 year old son. Police call it an apparent death by own action with no note or motive found. The elder Kastenbaum was a father of six and lived alone.
MENTIONED IN THIS ARTICLE
New York
Manhattan
Max Kastenbaum
Kastenbaum
Fair And Mild Weather Dominates Across Most Regions
The nation experienced generally mild conditions with showers in parts of the Midwest and from Colorado to Mississippi. Tornadic winds caused minor damage near Odessa Texas while Key West Florida saw heavy rain and Wichita Fort Smith reported notable downpours. Temperatures stayed near seasonal norms, though parts of the South and southwest baked above 100 degrees with Imperial California at 112.
MENTIONED IN THIS ARTICLE
Associated Press
Midwest
Colorado
Mississippi
Odessa
Texas
Key West
Fla
Wichita
Kan
Fort Smith
Ark
Southland
Arizona
California
Imperial
Calif
Laredo
Tex
Gage
Okla
Alma
Colleges in Danger Warn North Carolina Board
Harold Cole of Raleigh warns the Baptist State Convention General Board that private colleges face closure due to tax supported community colleges. Budd E. Smith of Wingate College endorses the warning, saying federal aid motives threaten church related schools. Wingate is Baptist supported.
MENTIONED IN THIS ARTICLE
Hendersonville
N.C
Harold Cole
Raleigh
Baptist State Convention
Council On Christian Education
Cole
Budd E. Smith
Wingate College
General Board of the
North Carolina
Smith
Wingate
Gas Pipeline Network Expands by 32000 Miles in 1961
The gas pipeline and distribution industry added more than 32,000 miles of pipeline and mains to its national gas network in 1961, bringing the total to 632,000 miles.
Dean's Pills Backache Relief Ad
An old advertisement promises fast relief from backache headache and muscular pains plus soothing bladder irritation and mild diuretic effects. It touts a good night’s sleep and claims three action ways with a large size option.
MENTIONED IN THIS ARTICLE
Dean
Remarks That Annoy Suburbanites
Hal Boyle of the AP collects humorous lines from city weekend guests irritating suburban hosts. Jokes range from living at the edge of nowhere to country dining, bedroom routines, and rural decor while referencing TV shows and leisure activities.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
Fred Baldasare
Florida
Friederike von Bernhardi
Munich
Baldasare
Calais
France
Sandwich Bay
England
Larson
C.R.D
Larson’s
Bathing Suit
Jantzen
Mann Drug
Hal Boyle
Ella
Malcolm
Melanie
Charlie
Professional Life Insurance Service
George P. Clark, C.L.A
NEW England Life
Mutual Life Insurance
America
N. Main St
McDonalds
McDonald’s
Idaho
Mc Donald's
el Tee Ares Ed
Borden
Beauty Loft
Lonsbury Electric
Kirbury
Orion
Home Center
Virgin Acrilan
Harllee
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