Stock Market Rallies Amid Continued Record Run
A vigorous stock market rally persisted in early trading in New York led by gains across major sectors including steels, motors, rails, utilities, chemicals, oils, airlines, rubbers, coppers and electrical equipment. The AP index rose with the Dow Jones average up about 5 points at noon and the broader market showing strength as analysts cite a rebound from oversold conditions amid cautious optimism from Washington.
MENTIONED IN THIS ARTICLE
New York
Pac
Washington
Wall Street
Associated Press
Seer
Explosions Seen as Fighting Flare in Capital
The Dominican capital endured renewed bombardment as rebels and Inter-American Force units clashed near a power plant inside the security zone. Casualties included 17 rebels and two children, with Andre Riviere among the dead. A cease-fire was declared with U.S. troops extending lines briefly before retreat.
MENTIONED IN THIS ARTICLE
Osee
Inter-American
Domion
inter-American Peace Force
Andre Riviere
Ramon Manuel Montes Arache
Riviere
Organization of American States
OAS
U.S
International Safety Zone
Inter-American Force
Dominican Republic
Shooting From Page 1A on West Berlin Border Security Claim
The report quotes McGhee disputing East German propaganda about a couple's border incident. He states he visited Berlin on a periodic trip and investigated thoroughly finding the couple on a harbour bus outing in a pleasant setting, challenging the big lie narrative.
MENTIONED IN THIS ARTICLE
West Berlin
Ulbricht
Summer programs get grants for university outreach
New grants from the Carnegie Foundation fund summer work at top schools. At the University of Oregon about 75 students take an eight week session and become special students. At Columbia University college students will tutor 160 ninth graders in measurement and attendance.
MENTIONED IN THIS ARTICLE
Carnegie Foundation
University of Oregon
Columbia University
Western Oe Oe
Congress approves staged tax cuts on autos and air conditioners
Both houses agreed to retroactive tax cuts starting May 15 on the first 3 percent auto tax and the 10 percent air conditioner tax. Additional rounds of cuts are planned for Dec 31 or Jan 1 and again into 1969 with remaining major excises on cigarettes, liquor and highway items. Senate sources expect the full 10 percent auto tax cut to pass from House conferees.
MENTIONED IN THIS ARTICLE
Johnson
Senate
House
Dixon Named to CPA Board at Greensboro Meeting
Phillip R. Dixon of High Point was elected a director of the North Carolina Association of Certified Public Accountants during the group's 46th annual session held in Greensboro.
MENTIONED IN THIS ARTICLE
Phillip R. Dixon
High Point
North Carolina Association of Certified Accountants
Greensboro
Toledo
Fulbright Sees Viet Talks If Viet Cong Is Checked
Sen. J. W. Fulbright says talks may occur after monsoon fall if the Viet Cong offensive is held in check. He urged U.S. aim to prove resilience, offer an attractive political settlement, and negotiate with the Communists. He criticized endless expansion pressures and praised Johnson's patience amid calls for UN action and Dominican probe.
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Washington
Sen
J. W. Fulbright
Viet Nam
Fulbright
Senate Foreign Relations Committee
Senate
United States
Johnson
Arkansas Democrat
U.S
North Viet Nam
Hanoi
Peking
Ernest Gruening
Alaska
A. Willis Robertson
D-Va
United Nations
Jacob K. Javits
R-N.y
Dominican Republic
Mike Mansfield
Montana
iSen
Thomas J. Dodd
D-Conn
Mansfield
Dodd
Hope for North Carolina tax cut fades in Senate action
North Carolina faces the doom of a general personal income tax cut as the Senate blocked the measure hours after House approval. The plan would have raised the dependency exemption from 300 to 400 dollars if revenues hit 532 million in 1965 66, with opposition from Gov. Dan Moore. The House also approved funding for mental health training and required insurers to explain why auto policies are not renewed, while the Budget Commission must be notified when agencies seek non state funds for new programs.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Senate
House
Dan Moore
Senate Finance Committee
Roy Rowe
Pender
Finance Committee
Ae Ed Kemp
Rowe
Cameron Weeks
Edgecombe
Kemp
State Department of Mental Health
Advisory Budget Commission
McNamara meets pacifists as Hanoi protests echo
McNamara enters a round table with pacifist delegates and shuns press, while below demonstrators sing I love everybody. Pickets bear antiwar placards urging conscientious objection and troop withdrawal. The Pentagon instructs 30,000 military and civilian staff to stay calm during the speak-out.
MENTIONED IN THIS ARTICLE
McNamara
Viet Nam
Pentagon
Snee Shackelford of Raleigh Named President-Elect
Raleigh leader Snee Shackelford was chosen as president-elect in a recent organizational vote. The announcement highlights Shackelford's prior roles and plans for the coming term.
MENTIONED IN THIS ARTICLE
Ee Rr
Snee Shackelford
Raleigh
Pension Tax Wage Base Hike Okayed
The Senate Finance Committee approved a change to raise the Social Security tax wage base to 6600 next year, boosting taxes for higher income families while reducing payments for those earning under about 5600 annually. The amendment aims to keep next year’s revenue similar to the House bill.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
Archbishop of Chicago Appointed Archbishop of Chicago
Vatican announces Pope Paul VI elevated Chicago archbishop to cardinal potential. The Chicago archdiocese, largest in the nation with about 2 million Catholics, has been led by an interim figure since Cardinal Meyer died April 9.
MENTIONED IN THIS ARTICLE
Vatican City
Paul VI
Chicago
Vatican
Albert Cardinal Meyer
Cody
Astronauts Return Home Amid Parades in Michigan and Texas
James McDivitt and Edward White receive warm welcomes in Jackson Michigan and San Antonio Texas after their space missions. Both pilots, honored with honorary doctorates by the University of Michigan, enjoyed large crowds along parade routes and celebrations of their Gemini 4 achievements.
MENTIONED IN THIS ARTICLE
Jackson, Mich
Aele
James McDivitt
Edward H. White I
San Antonio
Tex
Atlantic
McDivitt
White
University of Michigan
Ann Arbor
Jadueite
James A
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