Rail gains push New York stock market higher in late session
The AP index rose 0.50 to 245.60 at noon as rails led with a 1.30 advance to the highest since February 1960. Chrysler and Ford signals of auto demand spurred broader gains in motors and aircraft while utilities fell and metals and oils mixed. Kansas City Southern gained over 2 points, with Texaco down 1 and IBM down 4.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Rails
Chrysler Corp
Ford Motor Co
Kansas City Southern
Southern Railway
Ford
United Aircraft
Texaco
International Business Machines
American
ABC
Vendo
AMF
Noonstocks
Noon Adams Milliseee Allied Chem & Dye
Allis Chalmers Mfg
American Canertee
American Enkaee
American Motors
American Tel & Tel
American Tobacco
Atchison, Top & SF
Atlantic Coast Line
Atlantic Ri
Avco Manufacturing
Baltimore & Ohio
Bendix Aviation Eter
Bethlehem Steel Cove
Boeing Airplane Eeee
Borden Coseeeeee
Eeeereee
Borg Warner
Burlington
Chrysler Corporation
Eeeeeenenee
Columbia Gas & Elp
Consolidated Edison
Curtiss Wright
Don River Coves
Douglas Aircraft
Dow Chemical Eer
DuPont de Nemour
Eastern Airlines
Eastman Kodak
Firestone Rubber Re
Int Nickel Can
Int. P. Weeee Eeree
Int. Tel and Tel
Kennecott Copper
Liggett & Myers
Lockheed Aircraft
Lorillard & Co Teeee
McLean Trucking
Montgomery Ward
Motorola Radio Ee
Pennsylvania RR
Eee
Phillips Petroleum Pure Oil Coseeveeeee
Radio Corporation
Republic Steel
Reynolds Tobacco
Seaboard al RR
Sears Roebuck Ever
Sperry Corp
Ssseevee
Standard Oil N.J
Stevens, J. P. Co
United Fruit
U.S. Rubber
US. Steel Eee
Ennee
Virginia-Care Chem
Virginia Elec & Pow
West Maryland Eee
W. Va. Pulp& P
Western Union Eee
Westinghouse Elec
Winn-Dixie
Woolworth & Co
Zenith Radio Ee
Kennedy proposes long range foreign aid agency overhaul
Kennedy outlined a plan to merge the ICA and DLF with a new five year authorization to borrow from the Treasury for loans abroad plus a $900 million start and $1.6 billion annually for four years. The program includes long term loans, separate arms aid, country tailored projects, dollar loans, and broader international participation. Dow and bond markets rose as details shifted from Eisenhower levels.
MENTIONED IN THIS ARTICLE
Treasury
Dells
Kennedy
Pentagon
DFL
Eisenhower
Peace Corps
Congress
Policemen To Get Smocks In Chicago Outfit Change
C W Wilson former college dean hired to modernize the Chicago police department plans to issue smocks to officers. Tan and blue smocks will be distributed across squads and patrol wagons to protect uniforms when handling drunks bleeding fight victims and accident scenes.
MENTIONED IN THIS ARTICLE
Chicago
W. Wilson
Chicago Police Department
Wilson
Leaf Industry Finds No Link With Cancer
New York AP reports after six years of study the tobacco industry says there is no evidence linking smoking to lung cancer. The scientific advisory board notes uncertainties remain and seeks reasons why most heavy smokers do not get the disease. They also question how much excess deaths in heavy smokers are due to cancer of the lung.
MENTIONED IN THIS ARTICLE
New York
Tobacco Industry
Eight Hundred Displaced by Mohammedia Fire
A large blaze in Mohammedia Township near Casablanca left about 800 residents homeless. Casualties were not reported and the cause of the fire was not immediately clear.
MENTIONED IN THIS ARTICLE
Casablanca
Morocco
Mohammedia
Dow Jones Averages At Noon And Close
Dow Jones Averages furnished by Bache & Co show 670.38 at 11 a.m. 681.36 at noon and 678.73 at close. Trading volume tallies 1,180,000 at 11 a.m. 2,260,000 at noon and 5,800,000 at close with industry group notes labeled Duties and Lit.
MENTIONED IN THIS ARTICLE
U.S
Bache & Co
Revival Services At New Testament Church Of God
Revival services continue at 1307 Rivett Dr led by J J Boon from Cincinnati Ohio Each evening at 8 p m A pre Easter tea by Missionary Circle No 2 of St Matthews C M E Church is set for Sunday 3 to 6 p m in the Hay Street educational building
MENTIONED IN THIS ARTICLE
New Testament Church of God
Rivett Dr
Ae J. J. Boon
Cincinnati
Ohio
Missionary Circle No. 2
St. Matthews C. M. E
Hay Street
North Carolina debated sales tax on food tobacco and drugs
Five residents questioned in the Goldsboro area favored tobacco and liquor taxes or opposed food tax while others supported broad sales tax or exemptions. Gov Sanford defended an across the board plan claiming education funding and schools would improve with a general sales tax.
MENTIONED IN THIS ARTICLE
Sasser
Goldsboro
Asheville
James M. Westall
North Carolina
Wilmington
Henry C. Best
Molly Wrench
James Uley
Charlotte
Clyde O’ferrell
Sanford
John F Kennedy’s Break Even In Election
In Clyde western New York Republican JFK defeated acting Mayor DaPolito by 63 votes in a mayoral race. In Hoosick Falls eastern New York JFK ran as an Independent and lost to Leo Albowicz by 312 votes for mayor.
MENTIONED IN THIS ARTICLE
Albany, N.Y
John F. Kennedys
Jfk
Michael A. DaPolito
Clyde
New York
Leo J. Albowicz
Hoosick Falls
Civil War Centennial Board Defies Kennedy on Racial Access
Washington AP dispatch reports the Civil War Centennial Commission rejecting President Kennedy’s demand to end racial discrimination at its Charleston assembly. New Jersey and other states threaten boycotts over Negro attendance at housing and events. the commission says it has no authority to compel hotels or ban discriminatory practices. Senator Clifford Case condemns the stance as incredible.
MENTIONED IN THIS ARTICLE
Washington
Civil War Centennial Commission
Kennedy
Charleston
S.C
New Jersey
National Commission
Utive
William M. Tuck
D-Va
Sched- Tuck
White House
Tuck
New Jersey Commission
Trenton
National Civil War Centennial Commission
Draft Tests Announced For Students
The Selective Service College Qualification Test will be offered April 27 at about 500 colleges nationwide for the 1960-61 school year. No alternative test will be provided. Applications must be postmarked by midnight April 6. materials are available at local boards. Koonts, chairman of local Board No. 42, notes NC colleges will host the exam.
MENTIONED IN THIS ARTICLE
Henry V. Koonts
High Point
North Carolina
Ugly Gunman Robs Marion Bank for 3644 Dollars
In Marion North Carolina a scar faced bank robber, about 5 foot 4 inches, 40 to 50 years old with gray hair and a ruddy complexion, robbed the Marion Bank and Trust Co. at 12 10 p m taking 3644 dollars. He left with four outside accomplices and sped away in a gray green 1955 Chevrolet.
MENTIONED IN THIS ARTICLE
Marion
N.C
Marion Bank and Trust Co
McDowell County
Mary Lou McMahan
Baptist Men to Hold Soul Winning Clinic Meet
The Brotherhood of the Lexington Avenue Baptist Church invites all men to a Thursday 7 30 p m meeting described as a men's special and soul winning clinic led by President Kenneth Johnson. No supper this month but a time of fellowship and refreshments follows.
MENTIONED IN THIS ARTICLE
Brotherhood of the Lexington Avenue Baptist Church
Kenneth Johnson
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Jack Lefler
AP Business News
Dior Ry
Ist
Samuel Fuller
Tony Curtis
Martha Hyer
Charles Bickford
Kathryn Grant
Dow Jones
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Sen
Clifford P. Case
Rn.j
Ite
Peeee LS A Universa- International Moctyure
Exuras
Paul
Joanne
Woodward
CIN Mar
Myrna Loy
Leon Ames
Rialto Theatre
Doris Hill
Ranslenpoes
Costes
Burlington, N. C
Kkity
Don Murray
K & W Cafeteria
Amleilai
NEW Service Laundry
Centennial Ave
Audie Murphy
Melly
Susan Kohn
Wes A
Onson
Er Vm
Aaron Rosenberg
Rock Hudson
Wes Hardin
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Wylie Adams
John Mpintire
Mt Roti
Raoul Walsh
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William Allamd
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William Holden
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