Market Gains Narrow as May Income Hits Record Pace
Stock market edged higher with May personal income at a record annual rate of 458 billion dollars. The Associated Press average rose 0.2 to 272.4 as industrials and rails gained while utilities held steady. Major movers included Chrysler, Studebaker, General Motors, Ford, American Motors, Pan American, Braniff, Du Pont, Merck, U.S. Gypsum, IBM, Xerox, and Polaroid. Dow up 1.29 at 719.50. Averages on the American Stock Exchange mixed with a mild upside tilt and bonds mostly steady.
MENTIONED IN THIS ARTICLE
Associated Press
Chrysler
Motors
Studebaker
General Motors
Ford
American Motors
Pan American World Airways
Braniff Airways
du Pont
Merck
U.S. Gypsum
IBM
Polaroid
Xerox
American Stock Exchange
U.S
Co op backed amendment rewrites utilities bill in North Carolina
In Raleigh, rural electric co ops won a legislative victory as the House adopted a coop backed amendment revising the public utility law. The vote was 54 to 43 overturning a provision that would have required REA co ops to seek approval from the Utilities Commission to build generating facilities. Reg Carl Venters of Onslow sponsored the amendment. Rep Hugh Johnson of Dandas failed to block it. The Senate had rejected a similar amendment earlier.
MENTIONED IN THIS ARTICLE
Raleigh
State Utilities Commission
Reg
Carl Venters
Onslow
House
Hugh Johnson
Dandas
Montenn
New York
Gondrich Busbane
Goodyear T & R
Greyhound
Gulf Oil Corp Steels
Wall Street
Jinte Tel & Telerator
Kay
Iggett & Myers Wees
iLock Air
Martin-Marizita
McLean
Monsanto Jointy Ward O
Tate
Motorola Lad
Nail Distillers
Pennsy RR
Pepsi Cola
Phillips Petr Seecete
Radio Corp Titani Rep Sil
Sears Roebuck
Sperry Corp
DEL
Oil Califoree Reseel
JP Ee
Texaco Inc
Ieee Textron Inc
Sis
Cotton Fu Union Bag
UN Carbide
Union Pac
United
Senate
Can Co
Vi el
Bae Asat Pees
Enka
P&p
Motors
Western
Tel & Tel
West Union Tis
W. A
Westing el
Johnson
T & SF
Winn-Dixie
Woolworth
Atl Coast Line
Atl Refining
Atl
Zenith Rad
Avco Co
Bendix Corp
Beth Strale Als
Boeing Air
Borden Co
Mittee
Burroughs Corp
Caro P & I
Ab Ela'datenia
Ches & Ohio
Pub- Chrysler
Coca-Cola
Columbia G & E
Curtiss Wrt
Scheidt
Don Riv Mills
Dow Chem Se
Duke
DuPont
Secerey Wa
Eastman
Firestone
Foote Miaio
Ford Motor
Elec
Gtn Foods
Gen Mot
Gén Tel & Tel Aela Nie
Car Truck Collision Kills Four Near Hartsville
A car and a trailer truck collided at the U S 15 and 141 intersection two miles south of Hartsville North Carolina killing four. Victims include Hes tie Lovelace 28 Shelby NC and two grand children Donna Wilson 3 Debbie Wilson 4. Jimmy Lovelace 14 died later in hospital. Sue Wilson 25 Myrtle Beach is critical. Delores 5 escaped injury. Paul Lovelace 25 driver and truck driver R C Deamon of Charlotte unharmed.
MENTIONED IN THIS ARTICLE
Hartsville
N.C
Hessie Lovelace
Shelby
N C
Donna Wilson
Debbie Wilson
Jimmy Lovelace
Sue Wilson
Myrtle Beach
U.S. 15 and
Here
Tax exemptions and license transfers proposed for vendors and industry
The changes propose removing street vendor and carrier boy sales from the 2 percent tax and exempting agricultural chemicals used by farmers. It also would exempt baby chicks and poults sold for poultry production, remove 3.1 percent tax on telephone central office equipment, allow vending machine license transfers, and cut the tax per pump on wholesale oil distributors.
MENTIONED IN THIS ARTICLE
Tthus
Government Sets Up Beltsville Plant Lab
A new research laboratory has been established by the government in Beltsville Maryland to study how growth regulating compounds and hormones affect plants.
MENTIONED IN THIS ARTICLE
Beltsville, Md
Over-Counter Stocks June 13 1963 Price Guide
A dated stock quote list from NASD and other sources presents unofficial bid and ask ranges as of June 13 1963. It includes Allied See Ins Co Ell Acct Card Hatteras Yacht Intermountain Tel Piedmont Ave Pyramid Life Ins Thomasville Furn Ind Wachovia Bank First Union Natl Bank Gulf Life Insurance Harris-Teeter Holiday Inns of Am Lance Life & Casualty Moore-Handley N C Nat Bank Pub Serv of N C Univ Pub Com Univ Pub Preferred No, Steel Com and others with bid and ask values.
MENTIONED IN THIS ARTICLE
Allied
Ins. Co
Allvae Met Co
Cryogenics, Inc
ThermoPlastics Corp
Col Stores
el Acct
Hatteras Yacht
Intermountain Tel
Piedmont
Pyramid Life Ins
Thomasville Furn Ind
Wachovia Bank & Trust
Am Furniture Co
Glenn Ford Bbs Studios, Inc
Carolinas Capital
Eddie
Drexel Enterprises
First So Co. Ce
First Union Nat'l Bank
Gulf Life Insurance
Harris-Teeter
Holiday Inns of Am
Jet Stand Life
Lance, Inc
Life & Casualty Insur
E. F. MacDonald
Moore-Handley, Inc
N. C. Nat Bank
Piedmont Nat Gas
N.C
Scottish Bank
Life & Trust
Superior Cable
Univ Pub Com
Univ Pub Preferred
Steel Com
Macmillan’s crisis after abstentions shake Conservative grip
The Daily Telegraph notes two Conservative abstentions signal a serious withdrawal of party support for Premier Macmillan. The Mail calls the debate Mage The End. The government retains a 69 vote majority with risks of further resignations and an uncertain succession path for Macmillan. Richard Butler is disliked by right wingers, while Lords Hume and Hailsham face title renunciation to sit in Commons.
MENTIONED IN THIS ARTICLE
Daily Telegraph
Macmillan
Telegraph
Mail
Richard A. Butler
Buter
Lord Heme
Lord Hailsham
House of Commons
Seventh day Adventist wins unemployment benefits ruling
The tribunal ruled 7 to 2 that a Seventh day Adventist who refused Saturday work for religious reasons is entitled to unemployment compensation. Congress offered no strong response, with leaders noting Civil Rights turmoil and limited options beyond impeachment or constitutional amendments.
MENTIONED IN THIS ARTICLE
Jone
Congress
Integration Proposals Presented by Fayetteville NAACP
A Fayetteville NAACP negotiating committee urged total desegregation, rejected a 60 day restaurant integration trial, and pressed for an anti discrimination ordinance for public places. They called for police conduct investigations and disciplinary action, and demanded dismissal of unspecified charges.
MENTIONED IN THIS ARTICLE
Fayetteville
N. C
Boston Boycott Sparks NAACP Debate On Education Action
Fears of violence mount as the boycott shapes school desegregation efforts. The NAACP and Citizens for Human Rights face responsibility amid threats to children tied to the boycott. The School Committee seeks guidance from State AG Brooke, while about 15 000 of Boston's 93 000 pupils are involved in the plan.
MENTIONED IN THIS ARTICLE
Naacp Ei
Citizens For Human Rights
Hicks
Gillis
Abj
Edward W. ‘Brooke
Brooke
Boston
Lsted
Arthur C. Thomas
Covenant Community Church
Durham
Thomas
NAACP
Youth Commandees
Clark
Boston school desegregation protest spreads
Rev James Breeden said the movement will grow as children stay away from public schools. Students will receive mimeographed sheets to explain their absence, claiming they attended a full day of classes in citizenship and the freedom movement. Lecturers include Rev Anson Phelps Stokes Dr Thomas Pettigrew and Bill Russell.
MENTIONED IN THIS ARTICLE
James Breeden
Breeden
Citizenship
The
Freedom Movement
India Charges Red Intrusion Near Rezamri Pass
India accused 200 Chinese communists of intruding across the Himalayan border in a provocative move near Rezamri pass in Ladakh. A June 7 protest note made public Monday claimed the incursion occurred into territory Beijing admits is Indian.
MENTIONED IN THIS ARTICLE
New Delhi
API
India
Himalayan
China
Rezamri Pass
Ladakh
iPeking
Also Mentioned on This Page
Venters
Utilities Commission
General Statutes Commission
Beau
Jan Fleming
S ‘Dre
Jerry
Jerry Lewis
Zotz
Charlton Heston
Tar Heel Drive-In
Greensboro Rd
Saigist
Ruz
France
Bris
Beter
Posite
Greensboro
Lindale
National Association of Securities Dealers, Inc
Thomasysle
Dow Jones
Bache & Co
Tev FF A.m
Red
Sammer
Federal Deposit Insurance Corporation
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