Stocks Slip Sharply As Market Stays Lowe r In Active Trading
The AP index falls about 2.1 points at noon with major sectors including industrials rails and utilities down. Ford GM Chrysler ease despite factory strike settlement while Texaco Du Pont and IBM shed about two points.
MENTIONED IN THIS ARTICLE
Associated Press
Ford
Cleveland
Chrysler
Texaco
du Pont
Union Carbide
Allied Chemical
Sears Roebuck
Goodrich
Liggett & Myers
Lorillard
IBM
Johns-Manville
Xerox
Polaroid
Litton Industries
Radar Corp
Eastman Kodak
International Telephone
American Stock Exchange
U.S
Clergy-Student Prayer Case Raises First Amendment Question
Supreme Court weighs on whether New York schools may recite a Regents prayer as part of public education. Sixteen parents and 41 children from New Hyde Park support the practice citing historical religious heritage, while opponents urge the court to prohibit establishment of government sponsored prayer. The court cites colonial history and past decisions in analyzing the Establishment Clause.
MENTIONED IN THIS ARTICLE
New Hyde Park
West Virginia
New York
Supreme Court
New York State
New York Courts of Appeals
Black
England
America
Alcoholism not a hopeless disease says National Council
The National Council notes alcoholism is not hopeless and many former alcoholics lead normal lives. About 4% to 5 million of 70 to 75 million Americans who drink become compulsive drinkers, with only 3% among the homeless. Experts cite complex causes and urge recognition of illness and use of information centers for initial help.
MENTIONED IN THIS ARTICLE
Mark Keller
Quarterly Journal For Studies of Alcohol
Ruth Fox
The
National Council
Communists Said to Muster Large Forces Near Formosa Strait
The Defense Ministry estimated 400000 Communist troops 300 planes and 400 small naval craft on the invasion front with 30 submarines elsewhere. Orders went to Quemoy and Matsu commanders to stay vigilant as Quemoy suffered sporadic shelling over the weekend.
MENTIONED IN THIS ARTICLE
Formosa
Defense Ministry
Formosa Strait
Quemoy
Matsu
American i disappear after learning of remarks by Truman
Ellensburg resident Martin, following remarks by former President Truman and Henry Cabot Lodge, says he plans to stay in the Soviet Union and pursue life there. He declines to discuss colleague Mitchell from Eureka who defected with him. Also notes on soaking salt herring before use.
MENTIONED IN THIS ARTICLE
Harry S. Truman
Henry Cabot Lodge
United Nations
Martin
Ellensburg
Wash
Soviet Union
Mitchell
Eureka
Calif
Market Statistics Studied in January to June Slump
The AP survey of NYSE trading shows specialists sold 91.9 million shares and bought 85.3 million by June 1, a net reduction of 6.6 million, while public investors bought 356.2 million and sold 49.1 million, adding 7.1 million to portfolios. Funston says specialists stabilized prices amid high volume, with 92 percent of transactions in 50 key stocks stabilizing during May 28 to May 31.
MENTIONED IN THIS ARTICLE
Washington
Stock Exchange
Associated Press
New York Stock Exchange
Exchange
G. Keith Funston
Funston
Simple Sugar Frosting Sandwich Cookies
A quick note on making a sugar frosting for sandwich cookies. Mix confectioners sugar with a small amount of liquid to create a spreadable filling and pair with plain cookies for a quick treat.
Sign Trial May Last Into July
A Wake Superior Court misdemeanor trial on Highway Department influence peddling entered its fourth week in Raleigh. Key defendants include Kidd Brewer, a Raleigh businessman and former representative for sign firms, and Robert A. Burch, former highway engineer in charge of sign procurement. The 12 count indictment also names Pfaff and Kendall sign firms, Traf fic and Street Sign Co of Newark, N J, Burch’s son Rob er M, and three sign company officials. The state alleges Burch rigged sign project specs to benefit the companies. Conviction could bring up to two years per count plus fines.
MENTIONED IN THIS ARTICLE
Raleigh
Wake Superior Court
Highway Department
Wweek
North Carolina
Charles Hagan
Kidd Brewer
Robert A. Burch
Pfaff and Kendall
Traffic and Street Sign Co
Newark
N.J
Burch
Rober M
Walter Schoenfeldt
Martin J Hamilton
George Masefield
Pro-Communist Denounces U S Troops In Thailand
In Vientiane Laos Pro Communist Information Minister Phoumi Vongvichit denounces American troops in Thailand as a threat to Laos peace after Premier Souvanna Phouma transfers power to his Red leaning half brother Souphanouvong. Cabinet minutes show no mention of the troops. The U S says the troops protect Thailand not Laos.
MENTIONED IN THIS ARTICLE
Antoine Yared Vientiane
Laos
U.S
Thailand
Souvanna Phouma
Phoumi Vongvichit
Souvanna
France
Government of National Union
Vongvichit
Prince Souphanouvong
Pathet Lao
United States
Red China
East Germany
Poland
China
Souphanouvong
Khang Khay
Paris
Also Mentioned on This Page
ED Morse
AP Business News
NEW York (Ap
Prev Adams Millis
Allied Cheves
Allis
Atl Coast Line
Atl Refining
Avco
High Point
James E. Heath
James Floyd Pugh
Salem Court
Borg-Warner
Doyle Morgan
G. Burland
Memory and Wife
H. A. Barnes
Burroughs Corp Saeue
Kimery Street
Caro P&l
Clara Boyer
Myr Delanese Corp
Chain Belt
Tte Desk Co
Champion P&f
Traylor Street
Ches & Ohio
Samuel P. Clodfelter
iChrysler
iCon Ed
Inc
Lindsay Street
H. C. Wood
W. S. Curtiss
East Air
Rever Teres
Tel&Tel
Eastman Kod
Eease
Kayser-Roth
Firestone
Kenct Cop
Ford Motor Eee
Ata
Gen Foods Eee Eeee
Lorillard P See Ebeweee
McLean Trk
Oorsee
Gen Tel&Tel Eee Eee
Monsanto Ee
Goodyear T&ree Greyhound
Nat Dairy Pd
Gulf Oil Corp Ve
Nat Distillers
NY Central Eee
North West
Pacific Diva Aga
Ohio Oil
Penney JC
Pennsy RR
Pepsi-Cola Eee
Phillips Petr Pure Oil
Radio Corp Eee
Reynolds
Sou Railway
Stevens JP
Texaco Inc
Textron Inc
Union Bay
UN Carbide
Union Pac Eee
United Airlines
United Airer Ore
Spartacus
Mana
Jean Simmons
John Gavin
Technicolor
Paramount
Rialto Theatre
Newmanrama
William Holden
Clifton Webb
Satan Never Sleeps
NUYEN
Greenslord
Barbara Stanwyck
Barry Sullivan
Scott Brady
Mary Murphy
A Republic
Dow Jones
Bache & Co
Geneva
Christ
Kings
Paine + THOMASVILLE AO
Bali
Liberty Valance
Nye
Miles
King Korn
Sele
Carton
Ballard
Pillsbury
Weiner
W-D
Traveloan
HFC
Baymts
Householl Finance
South Main Street
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