Market Dips as Dow Off 3.92 at Noon Amid Mixed Totals
Trading shows broad weakness with the Dow Jones industrial average down 3.92 points to 650.78 at noon. Utilities and rails lead declines while IBM and General Motors show late gains. Exxon and Gulf Oil mixed as receipts trend lower across sectors.
MENTIONED IN THIS ARTICLE
New York
Atch T&sf
Atc Coast Line
Atl Refining
Associated Press
Avco Co
Balt&o
Bendix Corp
Beth Stre
Boeing Air
Serenae
American Fidelity Life
Borg-Warner
BBS Studios
Burl Ind
Botany Industries
Burroughs Corp
Colonial
Caro P&l
Crumpton
Celanese Corp
Drexel Enterprises
Champion P&f
Ches & Ohio
First Southern
Chrysler
First Union Nat. Bank
Coca-Cola
Wall Street
Jefferson Standard
Dan Aiv Mills Ve
Life & Casualty
Douglas Aire
Li'l General Stores
At&t
Dow Chem
Metrotek Electron
DuPont de N
Moore-Handley, Inc
Consolidated Nat- East Airl Cses
N. C. National Bank
Pacific
International Telephone Firestone
Pextile Corp
Amer
Ford Motor Csuvsse
Piedmont Aviation
IBM
Piedmont Nat. Gas
Polaroid Gen Foods
Public Ser. of
N.C
Ms Ys Oss
Reynolds Gen
Pyramid Life
Tel & Tel
Scottish Bank
Goodrich B
Sopurity L. & T. Co
Goodyear T&r
Schering
Greyhound
Gulf Oil Corp
U.S. Gypsum
Westing
Int
Nickel Can
Thomas
McLean Trk
Monsanto
American Stock Exchange
Monty Ward
Motorola
U.S
Nat Biscuit
Nat Dairy Pd
Nat Distillers
INY Central
Norfh West
Avia
Bache & Co
Sdeneey Ox
Parma
Penney JC
Soca Nates
Enka
Pennsy Ie
Exsauea
Ae Am Motors
Ey Ee
Phillips
Radio Corp
jRep
Sears Roebuck
Sou Railway
Sperry Corp
Calif
ETM
Deke Es Aicates
Stevens JP
Seer
Textron Inc
EOE Vag Sane
United Airlines
United Aircr
United Fruit
Ge Rae Ae Ae
Va-Caro Chem
Wva. P&p
West Me Greets
Mroge Throne
Winn-Dixie
Woolworth
Zenith Radi
Over Counter Stocks May 10 1962 Bid and Asked Prices
The following bid and asked prices are unofficial and show approximate ranges within which these securities could have been sold or bought at the time of compilation May 10 1962. Origin of any quotation will be furnished on request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Cotton Futures Opened Steady to Higher in New York
New York AP Cotton futures opened today unchanged to 20 cents a bale higher than the prior close.
MENTIONED IN THIS ARTICLE
New York
American businessman Borger sentenced in Germany
Harold N. Borger, 42, an American who once served in the U S Army and Air Corps, was sentenced by West Germany's Supreme Court to 2 1/2 years for betraying U S military secrets to the Communists. The sentence was reduced by two months and one week already served in confinement since his March 3 1961 arrest in Nurnberg.
MENTIONED IN THIS ARTICLE
Karlsruhe
Germany
Supreme Court
Harold N. Borger
U.S
Borger
Nuernberg
West Germany
New York
U.S. Army
Air Corps
Europe
Japan
Philippines
East Berlin
Macapagal on U S treatment of friends and Philippines bill defeat
Macapagal criticized U S treatment of allies as the bill to pay 86 000 claimants from the war damage commissions faced defeat. Philippine court ruling on a 7 million tobacco shipment had raised opposition from tobacco states in Congress. Kennedy reportedly expressed regret over the measure's defeat to the Philippine president.
MENTIONED IN THIS ARTICLE
United States
U.S. Foreign Claims Commission
Philippine Supreme Court
U.S
Macapagal
Kennedy
Governor Faces Toll Road Split On Oregon Inlet Bridge
Warren criticized two Highway Commission members for backing tolls on a new bridge at Oregon Inlet. He warned the move would anger residents statewide and violate long standing anti toll highway policy. The commission had said it might hire an engineering firm to assess toll financed east west highways.
MENTIONED IN THIS ARTICLE
Highway Commission
Oregon Inlet
Warren
Congressmen Probe Soviet Books and Foreign Agent Records
Justice Department records allege Sharpe's company is registered as a foreign agent. Mrs. Kelsey from Charlotte traces ancestry to Mecklenburg signer Alexander Query and belongs to the Daughters of the American Revolution. She graduated in 1927 from the North Carolina College for Women and holds degrees from UNC and Columbia.
MENTIONED IN THIS ARTICLE
Justice Department
Sharpe’s
Kelsey
Charlotte
N.C
Alexander Query
U.S
University of North Carolina
UNC
Columbia University
Earliest Mousterian Lamp Found in France Cave
The earliest prehistoric lamp dates to the Mousterian Age, associated with Neanderthal man. A hollowed stone lamp, crude in form, was unearthed in Le Moustier cave, France, in 1928 per Britannica.
MENTIONED IN THIS ARTICLE
le Moustier
France
Medical Care Booklet Defended in Lobbying Debate
The Justice Department finds a Welfare Department booklet on aged medical care does not violate lobbying laws with public funds. Abraham Ribicoff says federal law authorizes presenting changes to Social Security and publishing needs. AMA's Blasingame accuses the booklet of backing Kennedy health proposals and asks for a probe. AMA plans a May 21 TV appearance to present its view.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
Welfare Department
Welfare
Abraham A. Ribicoff
F. J. L. Blasingame
American Medical Association
Kennedy
Robert F. Kennedy
Blasingame
Chicago
Herbert J. ‘Miller
Ribicoff
AMA
New Jersey
Point Pleasant
N.J
Fitkin Memorial Hospital
Neptune
Ae Kennedy
National Broadcasting Co
Madison Square Garden
National Council of Senior Citizens
Schools and life entwined for lasting progress
A reflective plea emphasizes embedding vitality into schools and schooling into daily life. The statement argues that education thrives when classrooms mirror real world needs and communities invest in learning as a living process.
Reynolds Testifies In Divorce Case From Georgia
Richard J. Reynolds testifies about cruel treatment by his estranged wife Muriel Reynolds during a second bid for divorce. He describes plans to marry Anne Marie Schmitt again if legally free and notes a future Sapelo Island home site under consideration.
MENTIONED IN THIS ARTICLE
Darien, Ga
Richard J. Reynolds
Muriel M. Reynolds
Reynolds
Anne Marie Schmitt
Miss Schmitt
Georgia Supreme Court
Muriel Reynolds
Sapelo Island
Two Americans Wounded by Communist Fire in Vietnam
In South Vietnam, two American personnel were injured as Communist forces opened fire during operations 260 miles north of Saigon. A copilot on a helicopter was wounded on a support mission and evacuated to Nha Trang for surgery. the pilot landed safely. The incident occurred as four helicopters were hit in separate operations.
MENTIONED IN THIS ARTICLE
Malcolm W. Browne
Saigon
South Viet Nam
la Field Hospital
Nha Trang
U.S. Defense
Robert S. McNamara
8Th Helicopter Co
Kennedy urges faster Laos unity talks amid cease fire risks
President Kennedy pressed for rapid progress toward a neutral government in Laos as pro Communist rebels breached the cease-fire. He warned that delay raises danger while urging royalists, Communists and neutralists to resume negotiations and avoid American intervention. He also used the conference to rebut tax misstatements about dividend taxes and to discuss Berlin talks with the Soviet Union.
MENTIONED IN THIS ARTICLE
Whitney Shoemaker
Washington
Kennedy
Laos
United States
Soviet Union
Savings and Loan
Europe
House
Senate
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Dow Jones
Archdale
Maureen O’hara
Brian Keith
Steve Cochran
Chill Wills
Commie
Rialto Theatre
John Mills
Sylvia Syms
Robert Wagner
Jeffrey Hunter
Cinemascope
William Holder On
Sue
Suzie- Wong
Herwe Way
Kwan Oe
Alfred Hitchcock
Anthony
Janet
Leigh
Dean
Martin
Shirley
MacLaine
White House
Berlin
Konrad Adenauer
Winston Churchill
U.S. Steel
Lyndon B. Johnson
Johnson
John Connally
Don Yarborough
Texas
Kernersville
Merle
John Ireland
Morrow Everette Sloan
Seprewaen
Arlene Dahl
Patricia Medina
Marty Robbins
Webb Pierce
Carl Smith
Pierre Pas
Greensboro Rd
Featuring
Vaughn
N. Main St
Ben Lane
Frank Jesse
Kelly
Audie Dan Joan Murphy - Duryer
O’brien
Utah
Eastman
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