Stock Market Rises Mixed In Early Trading On May 25 1960
Irregular session sees heavy trading with electronics and selected issues advancing 1 to 3 points. Gains cluster in science, photography, vending, bowling, and chemicals while aircraft and steel lag. Dow Jones noon at 621.07, AP index 216.00, bonds firm to mixed. GM firm, Ford down slightly, several majors slip.
MENTIONED IN THIS ARTICLE
New York
Texas Instruments
Polaroid
Zenith
Havey
Universal Match
Motorola
General Telephone
Litton Industries
American Iron & Steel Institute
Youngstown Sheet
U.S. Steel
Bethlehem
Jones & Laughlin
General Motors
Ford
Chrysler
American Motors
DuPont
Goodyear
International Harvester
Associated Press
U.S
Business aircraft rise as major airline rival in the United States
The FAA calls business aircraft the fastest growing fleet with 24 000 registered and projected 40 000 by decade end. Corporate fleets logged 2.4 million hours in 1950 and six million last year, led by safety records and on the job training as solutions for pilot shortages.
MENTIONED IN THIS ARTICLE
New York
Federal Aviation Agency
FAA
U.S
Utility Airplane Council
The
Aerospace Industries Assn. of America
Flight Safety Foundation
National Business Aircraft Assn
Growth stock versus high income stock for beginners
In evaluating growth versus high income stocks, the author notes no definitive answer. A higher yield carries higher risk, while reinvesting dividends in a steady income stock can compound slowly. Growth stocks may yield better long term capital gains, though risk is higher and taxes affect net returns.
MENTIONED IN THIS ARTICLE
E Corporation
Company B
Mr. Shulsky
Population Explosion Honors Rep. Arends In Illinois
MELVIN Illinois AP The village 90 miles southwest of Chicago watches a population surge as Leslie Arends seeks a 14th term. Bankers and residents prepare for growth to 15000 while Vice President Nixon and Governor Stratton join the event honoring the Republican whip.
MENTIONED IN THIS ARTICLE
Melvin, Ill
Les Arends
Fred Drake
Chicago
Leslie Arends
Congress
Richard M. Nixon
Illinois
William G. Stratton
Lightning can strike the same high point multiple times
The article notes lightning often hits tall structures and trees bear scars from repeated strikes. It cites the Empire State Building mast being struck 68 times in its first decade, illustrating that lightning can strike the same place more than once.
MENTIONED IN THIS ARTICLE
Empire State Building
Prices hold as April shows minor shifts and wage drop
Labor Department data show April prices little changed for cars clothing public transit repairs and home maintenance while used car prices dip due to competition from new compact cars. Factory workers face a 12 percent drop in purchasing power from March to April and weekly spendable earnings fall about 85 cents to 30.20 for a fourth family.
MENTIONED IN THIS ARTICLE
Labor Department
Ages at Presidency Highlight Historic Records
The note contrasts William Henry Harrison who was inaugurated at 68 as the oldest president with Theodore Roosevelt who at 42 was the youngest. It frames these age landmarks as notable presidential distinctions.
MENTIONED IN THIS ARTICLE
William Henry Harrison
U.S
Theodore Roosevelt
U S Says Mexican Relations Upbeat and Expanding
The United States reports its Mexico consular network as the largest worldwide and potentially to grow. Annual Mexican arrivals to the U S average about 200000, with over 500000 Americans visiting Mexico and more than 50000 living or retiring there.
MENTIONED IN THIS ARTICLE
Mexico City
United States
Mexico
U.S
Tijuana
Mexicali
Nogales
Ciudad Juarez
Piedras Negras
Nuevo Laredo
Matamoros
Gulf of Mexico
Tampico
Veracruz
Merida
Monterrey
Guadalajara
Robert F. Cartwright
Jose Becerra
Los Angeles
Cartwright
Embassy
Veterans Affairs Office
Unclear Takeoff Report From Kluetz Area Sparks Confusion
Rain and wind lashed the Kluetz landing area as information passed through U.S. and Soviet channels from Potsdam to Heidelberg and Wiesbaden. Capt. T. E. Convery announced a takeoff today, but Lt. Col. C. G. Furbish denied any arrival news, noting the information was not confirmed.
MENTIONED IN THIS ARTICLE
Kluetz
U.S
Potsdam
U.S. Army
Heidelberg
U.S. Air Force
Wiesbaden
T. E. Convery
C. G. Furbish
Information Office of Headquarters
Europe
Convery
Furbish
U S Air Force School of Aviation Medicine Through the Years
The Air Force School of Aviation Medicine began in 1918 with a ramshackle Army lab at Mineola Long Island. It now spans 41 buildings at Randolph AFB Texas and has trained about 8000 flight surgeons.
MENTIONED IN THIS ARTICLE
U. S. Air Force School of Aviation Medicine
Army Medical
Mineola
Long Island
Randolph Air Force Base
Texas
Summit Flop Prompts Bitter Debate Across Parties
Washington analysis predicts a sharp partisan clash over foreign policy as Democrats press for full explanations of summit blunders. The piece notes Kennedy’s lead, Stevenson momentum, Nixon’s focus on domestic issues, and potential fallout on US policy toward the Soviet Union amid a rare coalition era.
MENTIONED IN THIS ARTICLE
Rowland Evans JR
Herald Tribune News Service
Washington
Adlai Stevenson
House
Congress
United States
Soviet Union
John F. Kennedy
Lyndon B. Johnson
Texas
Sen. Kennedy
Massachusetts
Stevenson
New York
Nelson A. Rockefeller
Nixon
Hot Springs
Woodrow Wilson
Henry Cabot Lodge
Wilson
Truman
Banks Send Worn-Out Money to Federal Reserve
Banks send worn out paper money to the Federal Reserve Bank or the Treasury in Washington D C where it is destroyed.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank
Treasury Department
Washington, D. C
Also Mentioned on This Page
Business and Financial News
High Point Enterprise
Web
American Can Co
Allied Chemical & Dye
Adams Millis Corp
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central RR
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DePont de
Business Mirror
Thorn
Investors Guide
Dow Jones
Bache & Co
Vernon P. von Drehle
High Point Municipal Court
Senate
Versailles
John Larkins
North Carolina
State
Senate Public Roads Committee
Larkins
Senate Public Utilities Committee
Larkins Record
Democratic Party
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