Market tumble continues as stalwarts slide
The AP average of 60 stocks at noon dropped 1.70 to 214.90 as heavy selling drags the market into a fourth straight decline after a broad morning loss. Industrials, rails, oils and techs lead the decline while Polaroid and IBM fall on profit and fluctuation concerns. Dow off 4.73 at 573.12.
MENTIONED IN THIS ARTICLE
ED Morse
AP Business News
NEW York (Ap
Associated Press
Polaroid
IBM
Pittsburgh & West Virginia Railway
Norfolk & Western Railway
N&w
Big Three Motors
Air Reduction
Woolworth
Eastman Kodak
General Electric
United Aircraft
International Telephone
U.S
Cotton futures fall as markets open lower in New York
Cotton futures opened five to fifteen cents per bale lower on the New York market. The notice notes Yale University historically adopted rowing as a sport in 1843 marking a milestone in college athletics.
MENTIONED IN THIS ARTICLE
New York
Yale
Kennedy vows November vote will decide on elder health bill
Kennedy spoke after a Senate defeat saying 17 million Americans over 65 face a setback and families must assist with medical costs. He warned the November election will decide whether such legislation passes in 1963, as the AMA urged restraint on payroll taxes while backing Kerr-Mills and voluntary programs for the aged.
MENTIONED IN THIS ARTICLE
Senate
Kennedy
Democrats
House
American Medical Association
George M. Fister
Chicago
Kerr-Mills
Ike and Mamie Eisenhower Sail for Europe on Queen Elizabeth
Former President Dwight D. Eisenhower and his wife set sail for Europe aboard the Queen Elizabeth for a private citizen trip to England France Denmark Germany Sweden and Scotland. He plans to address a Stockholm teachers conference on July 31 and carry a peace message while stressing conciliatory stance but firm in defense against being pushed around. The party includes two grandchildren and aides, with return planned from Cobh Ireland on August 24 aboard the liner America.
MENTIONED IN THIS ARTICLE
New York
Dwight D. Eisenhower
United States
Europe
Eisenhower
England
France
Denmark
Germany
Sweden
Culzean Castle
Prestwick
Scotland
Stockholm
Barbara Ann
David Eisenhower
Eisenhowers
Robert L. Schulz
Mrs. Schulz
Brewer and Burch linked in NC sign contracts scandal
The trial opened June 6 as Solicitor Chalmers and Special Prosecutor Hagan pursue witnesses to show Burch influenced sign company contracts for a 10 percent commission. About $90 000 in commissions were alleged with roughly half going to young Burch, while Brewer’s past political ties and a lavish Raleigh hilltop home figure in the probe.
MENTIONED IN THIS ARTICLE
Lester V. Chalmers
Charles T. Hagan
Burch
Brewer
Young Burch
Kidd
Peruvians eye next president as Congress nears vote
In Peru the top three in the election were Haya, Belaunde, and Odria. Prado’s government names Carlos Monteyra Paz Soldan as premier while Navy Minister Tirado resists resignation. Congress must choose a president if no candidate wins one third. Prado says Congress will meet July 28 to name the next president. Odria says he would accept if Congress approves for national unity.
MENTIONED IN THIS ARTICLE
Odria
Haya
Congress
el Comercio
Prado
San Lorenzo
Callao
Lima
Fernando Belaunde Terry
Sign Firm Official Is Jailed In Contempt Case
A North Carolina judge fined Pfaff & Kendall sales manager George Masefield 250 dollars and jailed him until 5 pm for indirect contempt after he allegedly spoke to a witness to influence testimony in the Burch-Brewer highway sign case. A juror was fined 50 dollars and expelled for discussing the case. Williams of Zebulon was jailed or fined after admitting he spoke of the case, saying his mind slipped. The judge criticized Masefield for lacking the sense of right and wrong.
MENTIONED IN THIS ARTICLE
Raleigh
Commerce
Luther H. Hodges
Hodges
North Carolina
Gov. Sanford
Burch
Brewer
Sign
Mallard
Masefield
Martin Hamilton
Walter Schoenfeldt
Traffic and Street Sign. Co
Pfaff and Kendall
Newark, N.J
Raymond Mallard
George Masefield
Pfaff & Kendall Fof
Newark
N.J
Burch-Brewer
Erastus D. Williams
Rt. 4
Zebulon
Williams
R. D. Williams
Juvenile Held After Bus Driver Holdup
Louisville Kentucky Juvenile Court Judge Daniel P Marshall described the case as twisted as a 16 year old was sent to jail for holding up a bus driver. The crime happened just before Mother's Day with the youth saying he planned the holdup to obtain cash to buy his mother a present.
MENTIONED IN THIS ARTICLE
Louisville
Daniel P. Marshall
Kennedy Rejects Soviet Berlin Troop Pullout Demand
President Kennedy told Soviet ambassador Dobrynin that Moscow’s demand for U.S., British, and French troops to leave West Berlin is nonnegotiable. The meeting, amid stalled East West talks, underscored U.S. resolve as Rusk heads to Geneva for Laos accords.
MENTIONED IN THIS ARTICLE
Washington
Khrushchev
Kennedy
Soviet Union
U.S
West Berlin
Anatoly F. Dobrynin
White House
Laos
Dobrynin
Berlin
Moscow
United States
Dean Rusk
Geneva
Rusk
State Department
Also Mentioned on This Page
Dan Riv Mills
Douglas Aire
Teeneee
East Aire
Eastman Rod
Goodyear T&r
Seeeewee Gr
Deeeee Beeesesee
Gulf Oil Corp
Mar
Int Nickel Can
Int Tel & Tel
Kayser-Rotheeae
Kenct Co
Bee Seen
Dec Liggett & Myers
Lorillard P
McLean Trk Seveweee
Monsanto
Seens
Montg Ward
Motorola Onamende
Nat Biscuit
Calif
Stevens J P Sb Secores
Texaco Inc
Textron Inc
Steeneee
Union Bagsteeeeeeee
UN Carbide
Union Pac Sebeer
Va-Caro Chem
Tel & Tel
Va el & Pow
Aeeeeereenee
Va. P
Teb West Union
Atch T&sf
Winn-Dixie
Aveo Co Seeneee
Balt & O Cobeeeeenee A'a
Zenith Rad
See Rereee
Bendix Corp
Een Buebene
Beth Su
Boeing Air E
Seen Borden Co
Louisville, Ky
Borg-Warner
Re- Burroughs Corp
Caro P&l Setae
Ike
Mamie
Dow Jones
Bache & Co
A.m
KOR
Penney's
Burch’s
Zenith
Hearing Aid Sales & Serv
Hearing Aid Sales & Service
S. Main ST
Maximilian Schell
Abby Mann
Stanley Kramers
Nurempere
iStarts
Paramount
Ray Milland
Ariel
Meoport
Hazel Court
Richard Ney
Heather Angel
Greensboro
Rose
Rock Hupson
Doris Day
sTony Randall
Edie Adams
Jack Oarie
Jaci Jack Kruschen
Fabian
Nicole Maurey
Vikings
Kirk Douglas
Janet Leigh
Tony Curtis
Burt Lancaster
Gina Lollobrigida
Katy Jurado
Myrtle Beach
Oath
Ian Beautiful
Thomasville Ro
Isseae
Cresley
Hawaii
Victor McLaglen
Elvis
Anglewood Barn Theatre
Clemmons, N. C
Music & Art Center
JFK
By John M. Hightower
Llewellyn E. Thompson Jr
K & W Cafeteria
William Holden
Lilli Palmer
Urs
UT L PU
NEW Service Laundry
Centennial Ave
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