Copper shares lead New York stock market gains
Copper stocks rose initially amid reactions to the administration copper stockpiling proposal, with Kennecott gaining over 2 percent early before trimming gains. Major names like Magma, Anaconda, Phelps, Dow, General Electric, US Steel, and others traded mixed or flat, while several blue chips posted modest advances and losses in a choppy session.
MENTIONED IN THIS ARTICLE
New York
Kennecott
Magma
Anaconda
Phelps
Economic strain as population shifts challenge US boom
The piece outlines how a growing under-20 group and an aging over-65 cohort strain schools, housing, and public services while a shrinking 20–64 working-age population risks lower output. Experts urge longer work lives, higher capital per worker, and policy changes to fund rising needs.
MENTIONED IN THIS ARTICLE
New York
United States
Committee For Economic Development
Robert J. Lampman
National Bureau of Economic Research
Miriam Allen DeFord
San Francisco
Free Lance
Lampman
Dow Jones Averages Readings and Volumes
The Dow Jones averages are shown with Furnished by Bache & Co. at 12 noon and 1 p.m. Close figures list Industrials around 468.10, Rails near 115.48, Utilities about 65, and Stock averages near 161.66 with volumes ranging from 850,000 to 2,300,000 shares.
MENTIONED IN THIS ARTICLE
Bache & Co
American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central RR
Cone Mills Corp
Carolina Light and Power
Douglas Aircraft
DuPom de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Gulf OW
General Motors
Goodyear Tire & Rubber
International Harvester
Ma International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Weston Rwy
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Procter and Gamble
Reynolds Tobacco
Republic Steel
Sears Robuck
Southern
Club To Outfit Baseball Team
A report on work with the Junior Optimist Baseball Team was given by coach George Simpson, a former Syracuse Triple A pitcher with Textile Insurance Co. The club voted to supply new equipment for the team and reviewed plans for a June 18 train trip to Charlotte for Bicycle Safety Week winners, with about 75 youths traveling and returning the same day. Everett Towery attended as a guest of the club.
MENTIONED IN THIS ARTICLE
George Simpson
Simpson
Syracuse
Textile Insurance Co
Charlotte
Everett Towery
Tornado Hits El Dorado Killing 13 People
The El Dorado tornado cut power with broken mains and triggered a rapid response from National Guard troops and local officers. Looters were chased as crews worked by candlelight, while Trooper Bob Lemon reported warning the city minutes before impact.
MENTIONED IN THIS ARTICLE
el Dorado
National Guard
Augusta
Release Of Soldiers Promised In East German Air Incident
The piece notes a Rotary observation on kidnapping claims and discusses East Germany’s stance after a helicopter crossed into East German air space. It cites a German Democratic Republic ministry ready to negotiate and calls for normal US action to resolve the incident quickly. Western Allies previously insisted on negotiating with the Soviets as occupiers.
MENTIONED IN THIS ARTICLE
Rotary
Red
East Germany
German Democratic Republic
Ministry of Foreign Affairs
United States
South Carolina Senator Shoots Fatally in Office
S C Senator Paul A Wallace was shot five times and killed in Sheriff Weatherly’s office in Bennettsville as he learned of renomination. County Court Clerk Henry A Rogers, 67, barged in and fired. he was held without bond and sent to the State Penitentiary. Wallace’s opponent William A Rogers withdrew from the race, urging Wallace’s son to run. unofficial returns showed Wallace leading by a narrow margin.
MENTIONED IN THIS ARTICLE
Bennettsville
S. C
Paul A. Wallace
South Carolina
Henry A. Rogers
Wallace
Rogers
Columbia
William A. Rogers
State Senate
William Weatherly
Henry Rogers
Also Mentioned on This Page
Zeyng Teaco
Business Mirror
Dow-Jones
Jly. Eater Tore
Jly Ener
Nash Jewelry & Loan Co
N. Main
Wisconsin
Bob Lemon
Kansas Highway Patrol
Pen
South Main St
Horace G. Ilderton
Penn Aa
Oie SL
Towngraft
King OF Cottons
Penney’s
Towncraft
Penney
Tweeds
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