Stock Market Dips As Tense World Scene Weighs In
The 60 stock average slid to 243.60 by noon, down 2.10, with industrials and rails lower as investors weigh the Laos crisis and Kennedy’s delayed briefing. Dow Jones 30 at 674.54, with DuPont, Eastman Kodak, Union Carbide and several others down about 1 to 2. American Telephone edged higher.
MENTIONED IN THIS ARTICLE
Rip Watson
AP Business News
NEW York (Ap
Associated Press
Dow Jones
Kennedy
Wall Street
Dow
DuPont
Eastman Kodak
Union Carbide
Republic Steel
New York Central
Illinois Central
Atchison Top & SF
Atlantic Coast Line
Atlantic Refinery
Avco Manufacturing
Baltimore & Ohio
Bendix Aviation Speee
Bethlehem Steel Oo
American Marietta
Boeing Airplane Ener
Andersen Lab
Borden Cosagteeers OY
B.B.S. Studios Ween Eens
Eseebeeeee
Bevis Shell Homes
Borg Warner Ener
Colonial Stores
Burlington
Burroughs Corp Sheer
Stems Serene
Cannon Millis Weeere
Drexel Furniture
Carolina Power & Lt
Electronic Acct
Celanese Corp Wreeee
Dow Chemical
Peninsular Life Ween
DuPont de Nemour
Piedmont Aviation
Eastern Airlines
Piedmont Nat. Gas
Eastman Kodakeeeee
Public Service of N.C
Firestone Rubber
Pyramid Life Ins
iFord Case
General Electric
Security Life & Trust
General Foods Eeeeee
Soroban Engineering
General Motors
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Wise Homes Eeeenaee
Goodrich Rubber
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Int
Paper
iInt Tel
Kennecott
Liggett & Myers Eee
Lockheed Aircraft
Lorillard
McLean Trucking
Montgomery Ward
Motorola Radio Er
National Biscuit
National Dairy Seewee
National Distillers
Norfolk & West Eee
North Amer Avia
Northern Pacific
Ohio Oil Company
Paramount Pictures
Penney J. ©. Co
Pennsylvania RR
Pepsi Cola
Phillips Petroleum
Pure Oil Co
Radio Corporation
Reynolds Tobacco
Seaboard al RR
Sears Roebuck
Southern Railway
Sperry Corp
Standard Oil Calif
Standard Oil Ind
Standard Oil N J
Stevens, J P Ceeee
Texaco
Textron Corporation
Union Bay CP
Union Carbide Eeeer
Union Pacific
Western Union Seer
Westinghouse Elec
Winn-Dixie Reenter Eee
I . Woolworth & Co
Zenith Radio
Belgians in Congo towns face mixed mood after U.N. exit
In Dungu and Paulis Belgians and Greeks mingle with Congolese under Haut Uele officials. Some residents fear future unrest while others claim calm as the U.N. Ethiopian contingent withdraws, and Congo natives enforce permits for Belgians. The 70 mile drive to Stanleyville passes without incident.
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Costi Cassalis
Dungu
Pailis
Haut Uele
Congo
Haut Uvele
Albert Charles Bushii
Bashiri
Belgium
Bushiri
U.N
Paulis
Stanleyville
Public Opinion on Foreign Goods Competition
The poll shows large portions of respondents blame foreign firms for stiff U S competition due to lower wages and costs abroad. Seventy percent say Americans buy more foreign products than five years ago, with automobiles clothing steel and textiles most affected. Forty-two percent blame the people and thirty-nine percent blame the government for harm to domestic textile manufacturing.
MENTIONED IN THIS ARTICLE
Ameria
U.S
Security Quotations Guide to NASD Bid and Asked Ranges
The following up and asked prices are obtained from the National Association of Securities Dealers Inc and other sources but are unofficial. They do not represent actual transactions and are intended as a guide to approximate ranges for securities that could have been sold or bought at the time of compilation. Origin of any question will be furnished upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Laos Conflict Sparks SEATO Involvement Debate
U S officials weigh possible military aid to royal Laotian forces as Pathet Lao rebels advance toward Vientiane. Public warnings of a Korea like war loom, with SEATO planning and potential allied intervention discussed, including Marines and Commonwealth troops.
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U.S
United States
Pentagon
Pathet Lao
SEATO
Laos
Britain
France
Australia
New Zealand
Thailand
Philippines
Pakistan
Bangkok
U.S. Marine
7Th Fleet
Far Eastern
Commonwealth
Malaya
Commonwealth Brigade
Also
Okinawa
Viet Nam
Dow Jones Averages and Market Figures
The Dow Jones averages show industrials at roughly 676 with minor shifts, alongside utilities around 119 and a broad stock index near 229. Trading volume appears extensive with multiple reported totals, indicating active market action across listings.
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Bache & OM En Jla
North Carolina Battleship Commission Wins Senate Approval
A bill to form a commission to berth the USS North Carolina as a tourism asset passed the Senate Conservation and Development Committee. The panel authorized borrowing up to 15000 from contingency funds and set a two year life for the commission. The ship could dock at Southport Fort Macon or Wilmington with a statewide fund drive aiming 250000 dollars.
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Raleigh
U.S.S. North Carolina
Senate Conservation and Development Committee
Carlyle T. Rutledge
Cabarrus
Navy
Bayonne
N. J
Lunsford
Halifax
Southport
Fort Macon
Wilmington
Somoza Warns of Communist Threat From Central America
President Luis Somoza asserted that Communist elements on Honduras and Costa Rica’s north coasts, aided by Cuba’s Castro government, are planning a subversive move against Nicaragua. He vowed Nicaragua will resist the new conspiracy and expects it to fail as past plots have.
MENTIONED IN THIS ARTICLE
Managua
Nicaragua
Luis Somoza
Honduras
Costa Rica
Jones
Minister and son face murder trial in Wilkesboro
Testimony opened with William Hendricks as the state's key witness in the killing of Donald Hendricks at the minister Hillary Blevins and his son Jack Blevins home. Hendricks, who has a prior record including assault and drunken driving, described the shooting as he ran.
MENTIONED IN THIS ARTICLE
Wilkesboro
N.C
William Perry Hendricks
Fletcher
Donald Bruce Hendricks
Hillary Blevins
Jack
Jack Blevins
William Hendricks
Hendricks
Blevins
Donald
J. Allie Hayes
Cwere
Investors Guide Q and A on stock bets and life insurance
A reader questions brokers promising 25 targets and the value of holding vs surrendering life policies for mutual funds. The adviser warns against canceling insurance to buy securities and notes policy totals are too low for four children. Also explains odd lot pricing and where to get official savings bond information.
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Public Information Office
Savings Bond Division
Treasury Department
Washington
D. C
Cuban exile council led by Varona and Ray plans arms government
Manuel Ray of Council the People and Manuel Antonio de Varona of the Democratic Revolutionary Front led a Wednesday session with newsmen. They urged overthrow of Castro, called for private investment, free enterprise, and outlawing the Communist party while renewing ties with democratic nations.
MENTIONED IN THIS ARTICLE
Manuel Ray
Democratic Revolutionary Front
Manuel Antonio de Varona
de Varona
Cuba
Castro
Cardona
Communist Party
New Council
U.S
France unveils more powerful Centaur rocket
Paris officials said the French space research program developed a new and more powerful rocket named the Centaur. Defense ministry confirmed the existence and said it surpasses the Veronique rocket previously used by the program.
MENTIONED IN THIS ARTICLE
Paris
France
Defense Ministry
Veronique
Tornado Death Toll in East Pakistan Rises to 266
The weekend tornadoes in four districts of East Pakistan have killed 266 people and injured more than 1,200, as official reports released Wednesday.
MENTIONED IN THIS ARTICLE
Dacca
East Pakistan
Prescott M. Hulbert Dies at 96 in Detroit
Prescott M. Hulbert a renowned patent attorney died Wednesday in Detroit at age 96. He practiced before the patent office and was active in legal circles.
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Detroit
Prescott M. Hulbert
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