Stock market slips in noon trading with mixed steel gains
The Associated Press average of 60 stocks fell 0.40 to 258.60 at noon as tobaccos weakened while steels rose. Major movers included American Tobacco and Philip Morris down about 4, Jones & Laughlin up a point, and U.S. Steel with small gains. Dow Jones industrial average dropped 0.97 to 709.70 amid mixed prices across exchanges.
MENTIONED IN THIS ARTICLE
NEW York
Associated Press
American Tobacco
Philip Morris
Liggett
Royal Dutch
Eastern Air Lines
International Harvester
du Pont
Pfizer
Dow Jones
American Stock Exchange
U.S
Kennedy Doctrine Shift Aims To Convince Khrushchev
The article outlines a change in U.S. nuclear strategy under Kennedy. It states the prior no-first-use stance is discarded and warns Khrushchev that the United States will maintain a superior retaliatory capability while avoiding first strikes. The goal is to deter global thermonuclear war by keeping Khrushchev uncertain about U.S. first use.
MENTIONED IN THIS ARTICLE
Khrushchev
United States
Over Counter Stocks Bid and Asked Prices Guide
The following bid and asked prices are unofficial and NdS data from NASD and other sources. They show approximate ranges within which securities could have been sold or bought as of March 27 1962. Origins of quotations available on request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
First Lady Resting in London After Overseas Visit
Jacqueline Kennedy retired early in a Georgian house near Buckingham Palace after a strenuous two week trip to India and Pakistan. She joked about reporters and photographers and planned a luncheon with Queen Elizabeth II at Buckingham Palace.
MENTIONED IN THIS ARTICLE
London
Jacqueline Kennedy
Buckingham Palace
India
Pakistan
America
Scotland Yard
Queen Elizabeth II
Castro denounces old Communist militants in unity call
Castro criticized Escalante and old Communist militants for sectarianism that blocked new leaders. He warned the revolution should include both old and new Marxists and rejected the idea only veterans could hold important posts.
MENTIONED IN THIS ARTICLE
Escalante
Castro
Supreme Court Rules on Reapportionment Suit Action
In Topeka Judge Beatty warned action on a pending suit to force legislative reapportionment is due Friday. The Tennessee decision notes the Court cannot decide remedies before trial. Court sources say the ruling signals a follow-up on the prior decision.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Dist
Marion Beatty
Tennessee
Supreme Court
Protest Strike Grips Algiers After Deadly Shooting
Algiers faces a protest strike by European settlers mourning the 41 killed when French troops opened fire on a crowd supporting the Secret Army Organization. Public transport halted, shops closed, and crowds gathered at the main post office amid ongoing tensions.
MENTIONED IN THIS ARTICLE
Michael Goldsmith
Algiers
Secret Army
Walter R. Mears Diers
Washington
Robert Meats
Jafter
Leta
Sters
Babel
Quiedanicatian
North Carolina lawmakers eye reapportionment after Supreme Court ruling
Leaders in Durham Greensboro and Beaufort say the Supreme Court decision pressures the 1963 General Assembly to redraw Senate districts and pursue equal representation. Forsyth County officials and Thad Eure anticipate action next year as state politics shift toward reapportionment.
MENTIONED IN THIS ARTICLE
Associated Press
State Senate
U. S. Supreme Court
Claude Currie
Durham
General Assembly
Joseph M.hunt
Greensboro
House
William Osteen
Supreme Court
Senate
Lindsay Warren
Beaufort
North Carolina
Warren
Forsyth County
Thad Eure
Capitol Hill
Tobacco Decision Expected by USDA for SC Markets
The USDA is set to announce that united flue cured tobacco sales will be allowed this season in South Carolina markets with tie and grade requirements. Georgia Florida markets will accept loose leaf sales for the first five days, up to 300 pounds per acre, a policy Johnston notes boosted SC tobacco sales last year to about 8 million dollars.
MENTIONED IN THIS ARTICLE
Washington
U.S. Department of Agriculture
South Carolina
Georgia- Florida
U.S
Olin D. Johnston
D.S.C
Johnston
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