Market loses steam in dull New York trading
The stock market slid in early trading with Ford and GM among modest losers. Major steelmakers and Gulf Oil also declined fractionally while Du Pont, Woolworth, and Southern California Edison posted small gains. The Dow Jones average stood at 679.50, down 1.66.
MENTIONED IN THIS ARTICLE
New York
Gauss
Ford
General Motors
Chrysler
American Motors
Gulf Oil
Consolidated Natural Gas
Sperry Rand
Goodyear
Allied Chemical
du Pont
Woolworth
Chesapeake & Ohio
Southern California
Edison
Dow Jones
U.S
Caro P&l
Curtiss Wrt
Dan Riv Mills Decwese
Douglas Aire
DuPont deNetereeene
Goodrich Be Eee
Goodyear T&r
Sid Onj
Seka
Eee
Stevens JP
Gulf Oil Corp
Texaco Inc
Nickel Cantee ‘Textron Inc
Int
Union Bag
UN Carbide
Tel & Tel
Union Paceee Eeee
Kayser-Roth
United Airlines
Kenct Cap Steer
United Aiier
Liggett & Myers
United Fruit
Lorillard Peeneeee Aeee
Jj US
McLean Trk
Va-Caro Chem . Sree
Monsanto Seen
Va el & Pow
Eens Som Monty Ward
Wva. P&p
Motorola Eee
Western Md
Nat Biscuit
Nat Dairy Pd
West Union
Nat Distillers
P.m. Norfh West
Woolworth Lones Seseees
Zenith Rad
Avia
No Pacific Eaeeveseesseante
Eeeewee
Adams Millis
Penney J C Efeeeeee
Can Ce. Eeeeenere
Pennsy RR
Aenceeneuckee
Enka
Coves
Pela evasseesensOere
Am Motors
Aveo Cp
Reynolds Teb Ove
Bendix Corp
Beth Su Et
Eeemeee
Borg-Warner Weieninens Et
Sou Railway Burl Ind Osteeeees
Sperry Corp Cocseconssate
Burroughs Corp
Calif
Cannon Mills
Salisbury Woman Elected Secretary of NEA Teachers Group
Elizabeth D. Koontz of Salisbury North Carolina was elected secretary of the Department of Classroom Teachers of the National Education Association at the NEA meeting in Atlantic City New Jersey. Her election was announced during the organization's session held in conjunction with the NEA.
MENTIONED IN THIS ARTICLE
Atlantic City
N.J
Elizabeth D. Koontz
Salisbury
N.C
Department of Classroom Teachers
National Education Association
Nation's Governors Tackle School Financing Problem
In Honolulu the nations governors debated Kennedy aid to education with speakers defending and attacking the program. Secretary of Health Education and Welfare outlined federal support options as part of the ongoing financing discussion.
MENTIONED IN THIS ARTICLE
Honolulu
Security Quotations and Havana Visit Mentioned in 1961 News
The piece bundles bid and ask quotes from NASD sources dated April 28 1961 noting they are unofficial guides. It cites various firms and securities while also noting Yuri Gagarin’s planned Havana visit around July 24 as reported by Revolacion newspaper. It includes political remarks from Abraham Ribicoff criticizing Kennedy era school grants tying to federal funds and states rights.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Ribicoff
Congress
Ship Now Free After High Tide Clears Ringgold
A grounded freighter SS Ringgold is freed with a strong high tide aided by the moon. Captain Charlie Rose of the A. T. Piner said rising tides kept the ship from blocking the waterway and that the vessel, 180 feet long and drawing over 11 feet, will be towed offshore toward Miami by the tug Annie for the remainder of its voyage.
MENTIONED IN THIS ARTICLE
Chariie Rose
The
A. T. Piner
New Jersey
Miami
Fla
Rose
Coast Guard
Annie
Treasury
Liggett and Meyers Tobacco
Kuwait seeks Arab League backing after independence
Arab League emergency talks with President Nasser follow Kuwait's 62 year protectorate era. Kuwait's ruler met British envoy as Iraq asserts unity with Kuwait. Britain delays defense moves while Kuwait hopes for regional support to preserve independence. Baghdad notes Iraq's resolve to keep Kuwait as part of the Iraqi homeland.
MENTIONED IN THIS ARTICLE
Kers
Arab League
Nasser
United Arab Republic
Kuwait
League
Kuwait J
Britain
Sheik Abdullah al Salim
Sabah
John Richmond
Iraq
Baghdad
Investors Guide By Sam Shulsky
Sam Shulsky answers readers on E and H bonds taxes and investment choices. He explains redemption rules for E bonds, inheritance tax treatment for H bonds, and why interest rates rise. He advises on stock dividends and capital gains taxation, and discusses a son contemplating starting a business with a $10,000 franchise investment.
MENTIONED IN THIS ARTICLE
AT & T
Liggett and Meyers
Branch Rickey Surfers Attack on Private Island
Branch Rickey, leader of the Pittsburgh Pirates, was stricken about 5 0 a.m. on his private fishing island. He had been in Canada for several weeks with friends. Blackburn, Rickey’s wife, and Dr. Joseph Finegold, team physician, planned to fly to his side later today.
MENTIONED IN THIS ARTICLE
Rickey
Pittsburgh Pirates
Canada
Blackburn
Joseph Finegold
Castro Rejects Tractors For Prisoner Swap In Cuba Talks
The article reports Castro insisting on a swap of 1,197 prisoners for 500 tractors, rejecting the U S committee offer. He argues Cuba seeks agricultural tools only if self-chosen, while noting a $45 million figure tied to the abortive invasion and the ongoing stalemate in negotiations.
MENTIONED IN THIS ARTICLE
Hooker
Castro
Key West
Conte
Cuba
American Committee
Henry Doorly dies at 81 former Omaha World Herald chairman
Henry Doorly, 81, retired chairman of the board of the Omaha World Herald, died Monday. He joined the paper in 1903 as a police reporter and was born in Barbados, British West Indies, coming to the United States in 1898 as a Union Pacific Railroad draftsman.
MENTIONED IN THIS ARTICLE
Henr Doorly
Omaha
Neb
Henry Doorly
Omaha World Herald
Doorly
Barbados
British West Indies
United States
Union Pacific Railroad
Seat Belt Drive Aims to Save Lives Nationwide
A nationwide seat belt campaign launched near the Fourth of July weekend projects 5000 lives saved and 400000 serious injuries avoided yearly. Led by the National Safety Council and partners, the program includes broad Advertising Council effort and statements from Dr. Luther Terry and Dr. E Vincent Askey on belt effectiveness and automobile safety strides.
MENTIONED IN THIS ARTICLE
Alton Blakeslee
Associated Press
NEW York
National Safety Council
American Medical Association
U.S. Public Health Service
Advertising Council
The
Safety Council
G. G. Stewart
Council
E. Vincent Askey
Medical Association
Robert A. Wolf
Cornell University
Luther Terry
U.S
Overseas Press Club
May index up slightly as factory pay rises boost buying power
May’s cost index rose nine tenths of one percent from a year earlier, one of the smallest postwar gains. Factory workers' net spendable earnings climbed for the third straight month, with take home pay rising about 85 cents for a three-dependents family and 7.85 for a no-dependents worker. Meat and egg prices fell, with poultry at its lowest since World War II and dairy prices generally down.
MENTIONED IN THIS ARTICLE
Mum
Can
Myers
High Point Man in Critical Condition After Highway Crash
A High Point man James Mahan was critically injured and his companion Joseph J. Bury killed instantly in a two vehicle crash on Route 29 one mile south of Lexington. The Navy personnel were from Norfolk Virginia. The late model car registered to Letty Mahan of Lindsay Street High Point was crushed under a tractor trailer owned by Thurston Motor Lines of Charlotte.
MENTIONED IN THIS ARTICLE
Lexington
Rt. 29
James Mahan
Trinity Street
Joseph J. Bury
Rock Hill
S. C
Mahan
Lexington Hospital
Baptist Hospital
Winston-Salem
U. S. Navy
Norfolk, Va
Letty Mahan
Lindsay Street
High Point
Thurston Motor Lines
Charlotte
Frederick F. Greenman Dies at 68 National AJCommittee Leader
Frederick F. Greenman aged 68 died Monday. He was national president of the American Jewish Committee and honorary president of the New York Federation of Reform Synagogues.
MENTIONED IN THIS ARTICLE
NEW York (Ap
Frederick F. Greenman
The
American Jewish Committee
New York Federation of Reform Synagogues
Also Mentioned on This Page
beameeMh
NEA Post
Bache & Co
Weewe
Br.iscitsduies
American-Marietta
Crompton Builders
Drexel Furniture
Jon Sane
Federal Shell Homes
Gulf Life Ins
Spr. Mkt
Jefferson Standard Life
Life & Casualty Ins
N. C. National Bank
NS. Tel
Peninsula Life
Piedmont Aviation
Piedmont Nat. Gas
Dine Ee Sane de
Pyramid Life Ins
Security Life & Trust
Soroban Engineering
Wachovia B'nk & Tout
Wise Homes
Abraham A. Ribicoff
Kennedy
Yuri
HAVA
Yuri Gagarin
Havana
Moscow
Revolucion
Gagarin
Morehead City
Athority
Ringgold
Sam Shulsky
Mr. Shulsky
Branch Rickey Surfers Attack
Ill
Charley
Ben Kapen
Charlotte Music Theatre
Ovens Auditorium
Ey Eees
Williford Drugs
Kannapolis
Wry
Rialto Theatre
Tonite
Joel
Automobile Manufacturers
General Federation of Women’s Clubs
Cornell Research Project
Outdoor Advertis
Paramount
Don Knotts
Archiers
Cartoons
Audie Murphy
Dalmatians
Archdale
M-G-M
Bona Perg
Ford Maril
Anne Baxter
Arthur O'Connell
Lana Turner
Jeff Chandler
Ritz
Elvis Presley
Rachel Cade
Kansas
Peter Finch
Roger Moore
Warner Brond
Naim Brennan
Greensboro
Jnday
ABC Jalousie Company
W. Lee St
N. C
Entertainment
High Pointers
Turner Pain
Adult Entertainment
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