Market Dips As AT and GM Stocks Fall On Antitrust News
The stock market moved lower at midday as AT&T tumbled on news of a government antitrust probe. The Dow fell 5.53 to 695.06, with Du Pont and General Motors retreating after the Supreme Court ruling on GM ownership.
MENTIONED IN THIS ARTICLE
New York
American Telephone
Associated Press
du Pont
General Motors
Supreme Court
At&t
Commonwealth Edison
American Airlines
Thiokol
Avco
Merck
U.S
Cotton Futures Open With No Trades Registered
New York AP reports cotton futures opened with no actual trades registered, leaving early activity flat as markets await clearer direction.
MENTIONED IN THIS ARTICLE
New York
Optimists Heard Lion on Sight Conservation Plan
Walter C. Huber of the High Point Lions spoke to the Optimist Club about the Lions Club sight conservation project. He announced a June 21 22 glaucoma clinic at Wesley Memorial Methodist Church offering free 15 minute eye checks by a team of four local specialists and six doctors from state institutions.
MENTIONED IN THIS ARTICLE
High Point Optimist Club
Walter C. Huber
International Lions Club
Huber
High Point Lions Club
Wesley Memorial Methodist Church
High Point
Kennedy aides weigh central steering of Castro tractor fund
The article notes Kennedy’s cautious support for private tractor-for-prisoner fund efforts and his preference for a central committee led by reputable Americans. It mentions White House aides Hatcher and Goodwin, and outlines congressional scrutiny led by Sen Capehart. It also describes indirect federal backing and the Logan Act question.
MENTIONED IN THIS ARTICLE
Andrew T. Hatcher
White House
Kennedy
Castro
Roosevelt
Reuther
Eisenhower
Hatcher
Richard N. Goodwin
Congress
Homer E. Capehart
R-Ind
Castro Tractor Committee
Cuba
Capehart
Plane
Senate Defeats Goldwater School Aid Substitute
The Goldwater plan to cut taxes and expand federal school funding failed 79 to 10 in the Senate. Morse opposed the amendment supported by Ribicoff. Prouty’s broader use of federal funds passed 50 to 39, and Clark’s measure to double DC grants was approved.
MENTIONED IN THIS ARTICLE
Kenneth B. Keating
Rn.y
Supreme Court
Wayne Morse
D-Ore
Secetary of Welfare
Abraham A. Ribicoff
Goldwater
Senate
Morse
Sen
Winston L Prouty
R-Vt
Prouty
Longevity Merit Plan Favored by House Committee
Raleigh AP The House State Government Committee reported favorably on a Senate passed bill to create a longevity merit salary program for state employees. The plan would allow the State Personnel Director with governor and council approval to set up the program to smooth peaks and valleys in the merit system.
MENTIONED IN THIS ARTICLE
Raleigh
House
State Government Committee
John Jordan Jr
Wake
State Personnel Council
Ernest Hicks
Mecklenburg
Hicks
Commission
Sen
Jordan
David Britt
Robeson
Court rules lie detector evidence improper in retrial decision
North Carolina State Supreme Court orders a new trial for Charles Herbert Williams in Craven County. The case stems from the ice pick murder and robbery of Garfield Henderson. Co-defendant David Foye Jr admitted the murder and testified Williams was involved, aided by a lie detector result later deemed prejudicial.
MENTIONED IN THIS ARTICLE
State Bureau of Investigation
Foye
Supreme Court
$19 Million Budget Proposed for Southern Baptists
The 1962 budget proposal totals $19,013,500 for Southern Baptist Convention agencies via the cooperative program, with no 1962 basis operating funds increase from 1961. Executive Secretary Porter Routh said most funds go to the Foreign Mission Board, with allocations also for home missions, six seminaries, and radio and TV programs.
MENTIONED IN THIS ARTICLE
ST. Louis
Southern Baptist Convention
Porter Routh
Nashville
Foreign Mission Board
Home Mission Board
Abduction Of Girl Solved In Queens
A 7 month old girl, Hannah, was abducted from a bakery street in Rego Park Queens. An alert pedestrian, Seymour Sacks, flagged police after seeing a woman wheel the baby away. A building superintendent led officers to Frances Heller, who was charged with the abduction.
MENTIONED IN THIS ARTICLE
New York
Queens
Hannah
Grace Sealine
Rego Park
Seymour Sacks
Sacks
Frances Heller
Basketball scandal expands as players targeted by gamblers
New York District Attorney Hogan disclosed 23 players from 15 colleges were involved in bribe offers to fix basketball games. Alfred Saunders of Bradley allegedly took $200 as spending money after rejecting a bribe. Hacken and Wagman were indicted on multiple counts. Crawford and Stith, top sophomores, face tuberculosis treatment.
MENTIONED IN THIS ARTICLE
James Robinson
Bradley University
Hogan
Alfred Saunders
Bradley
New York County Grand Jury
Hacken
New York
Aaron Wagman
Seton Hall
Gunther
Hicks
Crawford
Tom Stith
Freedom riders face potential danger in Virginia bus protest
In Virginia, MLK Jr accompanied riders to the Greyhound station as white mobs attacked bystanders during a Saturday arrival. National Guard units under Adj. Gen. Henry V. Graham warned of possible danger and martial rule under Gov. Patterson.
MENTIONED IN THIS ARTICLE
Freedom Riders
Montgomery
Ala
New Orleans
Meridian
Miss
Alabama
City
Virginia
Harrisburg
Greyhound
Martin Luther King Jr
National Guard
Adj
Henry V. Graham
Graham
John Patterson
Eisenhower saddened by tractor prison swap criticism
Dr. Milton S. Eisenhower says he is saddened and surprised by criticism of the tractor prisoner swap with Fidel Castro being pursued by a citizen group. As Johns Hopkins president and co chair of a drive to raise 15 million dollars for tractors, he stresses the central issue is aiding 1,214 decent people and asks how Americans can refuse the call for help.
MENTIONED IN THIS ARTICLE
Baltimore
Milton S. Eisenhower
Fidel Castro
Eisenhower
Dwight D. Eisenhower
John Hopkins University
Johnson Returns To US After Asian Mission
Vice President Lyndon B. Johnson lands at the White House following a 29,000 mile diplomatic tour to Asia. He reports to President Kennedy with recommendations on military techniques and bold economic measures to counter a creeping Communist threat. Johnson says he found broad respect for the United States and notes the Southeast Asia struggle will be long costly and dangerous. He will give an interim report to the President before a formal public briefing scheduled for 2 30 p m.
MENTIONED IN THIS ARTICLE
Washington
Lyndon B. Johnson
Asia
Kennedy
White House
Johnson
United States
Dean Rusk
Bermuda
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Ches & Ohio
Chrysler
East Airley
Eastman Kod Eee
Gulf Oil Corp
Jnt Nickel Can
BOM Prevete Eee
Adams Millis
Int Paper
Allied Ch
Int
Tel & Tel
Allis-Chal
Liggett & Myers
Enka
Dec Caneoes Veses
Motors
Am Tel & Tel
Lorillard P
May Eee Eee Eeee
McLean
Am Teb
Monty Ward
Eeee Tee
Arch T&sf
Motorola
Atl Coast Line
Nat Biscuit
Lvee Cp
Westing el
Ibalt&o
Bendix Corp
Woolworth
Winn-Dixie
Beth Sd
Zenith Rad
Boeing Air
Orden Co
Borg-Warner
Burl Ind
Nat Dairy Pd
Nat Distillers
POY Couregl
North West
INO Am Avia
No Pacific
Weer
Ohio Oil
Param Pict
Penney JC
Pensy RR
Pepsi-Cola
Phillips Petr
Radio Corp
Reynolds
Sears Roebuck
Sou Railway
Sperry Corp
Std Oil Calif
Std Oil Ind
Std OU NJ
Stevens JP
Texaco Inc
Textron Inc
Union Bag Union Carbide
Union Pac
United Airlines
United Airer
United Fruit
OD Fap
US SA
Va-Caro Chem
IW Va. P&p
Western Md
West Union Ial Eiew
Oom
Lion
Dow Jones
Bache & Co
Rrr
Coast Guard
State Department
Treasury
Sam Rayburn
Texas
Hubert H. Humphrey
Dminn
Joseph S. Clark
D-Pa
District of Columbia
Pine ST
J. Sturgis May & CO
N. Car. Bank
Hua
Meee
Leonard ST
Ere
Shelag Bay Bs
G.C. Bedford
Perpetual
Savings & Loan Association
N. Main St
Greenville
Vicksburg
Mississippi
Columbus
Louvre
Louisiana
Birmingham
Florida
Gulf of Mexico
Milton Eisenhower
Hedgecock Lumber CO
Ward ST
Cecil
Hiram Lodge
FE. G. Updegrove
D.D
36Th Masonic District
Paul W. Clapp
A. J. Koonce
Firestone
Sheraton Hote
America
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