Market Dow Rises Heavily as World Buys Stocks
A global wave of buy orders pushed the Dow Jones at noon up 6.70 to 226.80 with industrials up 7.80 and rails up 3.70 while volumes surged on a holiday reopening. IBM rose 17 points and Superior Oil jumped 122 to 1060. GM dipped after Du Pont plan to distribute GM shares was announced.
MENTIONED IN THIS ARTICLE
AP Business News
New York
Associated Press
American Telephone
Superior Oil
California
IBM
General Motors
du Pont
Ford
Amerada
Liggett & Myers
Lorillard
Commonwealth Edison
North American Aviation
Bethlehem
Goodrich
U.S. Rubber
Boeing
Raytheon
International Telephone
Union Carbide
Litton Industries
Korvette
Merck
U.S. Gypsum
Eastman, Kodak
Johns-Manville
Allied Chemical
Dow Jones
American Stock Exchange
U.S
Freight wreck on Italian line leaves dead and rescued infant found
A freight train carrying 40 empty tank and cement cars collided with a passenger train near an Italian frontier station. Passengers were thrown from their seats and rescuers used blow torches to reach the injured. An infant survived one wrecked coach three hours after the collision.
MENTIONED IN THIS ARTICLE
Genoa
Lecco
Lake Como
Milan
Corinna Cavalca
Maria Rosa Campanini
Goodman and Khrushchev Attend Soviet Concert in Moscow
Benny Goodman and his band played at the Central Army Sports Arena for an older Soviet audience that included several members of the ruling presidium. Khrushchev and his wife attended, left at intermission, then sent a note of thanks, while some Americans criticized the program’s 1920s and 30s selections.
MENTIONED IN THIS ARTICLE
Soviet Union
Presidium
Khrushchev
Central Army Sports Arena
Goodman
U.S
Llewellyn Thompson
Market jitters draw new inquiry and Getty buys stocks
Rep Wright Patman asks Rep. Reuss to head a subcommittee on inventory and stock market movements. Keith Funston of the NYSE notes Tuesday gains yet cites Monday’s drop as a confidence shake tied to United States Steel price actions. J Paul Getty reveals he instructed brokers to buy oil shares, pledging more purchases if prices stay lower.
MENTIONED IN THIS ARTICLE
Reuss
Wright Patman
D-Tex
Keith Funston
New York Stock Exchange
Houston
Tex
New York
Trinity University
San Antonio
Funston
United States Steel
J. Paul Getty
England
Getty
Eisenhower Farm Aid Debated As Dairy Line Dropped
The bill dropped the dairy section after objections while Eisenhower’s farm aid was questioned. An Agriculture Department official reported January 1959 that about $6,000 in federal payments had gone to the farm operator since 1953 under price supports and conservation programs. Hagerty said Eisenhower had no personal knowledge of the transactions.
MENTIONED IN THIS ARTICLE
Senate
Eisenhower
Agriculture Department
Ty. J
Glenn Miller
George Allen
Eisenhower Place
James C. Hagerty
White House
Henderson Prefers To Manage Fair Without Fee
Henderson, former head of the State Commerce and Industry Division, would rather run the Charlotte Trade Fair for free than accept a 10 000 dollar fee amid propriety concerns. He resigned to lead Bennett Advertising of High Point as the agency handles Charlotte and Bari fairs with 15 000 dollars for advertising and 25 percent of profits over 40 000. Governor Sanford and Bowles urged him to direct the fair. Henderson weighs the time impact on his agency and vows to avoid impropriety while seeking a public-spirited contribution.
MENTIONED IN THIS ARTICLE
Bari
Italy
C and D Department
Henderson
Charlotte
Terry Sanford
C and D
Hargrove Bowles
Handyman Charged in Five Slayings near Martinsburg
Gayne Gilbert Smith, 24, a handyman from Sigourney, was captured after a three day manhunt and charged with the murders of his uncle Andrew McBeth 51 his wife Dora 42 their teenage twins Amos and Anna 19 and Donna Jean Kellogg 17. One McBeth cousin Patsy Lou 15 was wounded. Smith lived with the family and initially denied the killings claiming the McBeths were alive when he left. His car was found abandoned near Unionville. He was found hiding in a barn hayloft unarmed with 27 in his pockets. The motive remains undetermined.
MENTIONED IN THIS ARTICLE
Sigourney
Iowa
Gayne Gilbert Smith
Smith
Martinsburg
Andrew McBeth
Dora
Amos
Anna
Donna Jean Kellogg
Unionville
Iranian Landlords To Face Charges
In Tehran Iran landlords who solicited foreign help to oppose land reform will be charged with treason and seeking foreign assistance against national interests. Agriculture Minister Hassan Al Sanjani commented on reports that landlords petitioned foreign embassies accusing the United States of backing Iran’s reform program.
MENTIONED IN THIS ARTICLE
Tehran
Iran
Hassan al- Sanjani
United States
The Song "My Country, 'Tis of Thee" Origin
The line notes that "My Country, 'Tis of Thee" was composed in 1831 by Reverend Charles Francis Smith.
MENTIONED IN THIS ARTICLE
Charles Francis Smith
From Beginning At 12 35 2 45 4 50 7 00 9 10
In the fragmented text a list appears noting times from early afternoon to evening. The items suggest a schedule or program entries referenced by time marks. The readable pieces mention hours 12 35 2 45 4 50 7 00 and 9 10 without clear event names.
Over Counter Stock Prices May 31 1962
Unofficial bid and asked prices from the National Association of Securities Dealers and other sources provide a guide to approximate ranges for securities as of May 31 1962. Data indicate BID and ASKED levels and note that no actual transactions are represented. Origin details available on request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Also Mentioned on This Page
Bache & Co
By ED Morse
Eis Oe
Hele al Tee
Allied
Am Motors
Tel & Teloweens
CS Atch
T&sf
Atl Coast Line
Atl Refining
a_— NEW YORK
Balt & O
Boeing Air Borden Co
G Warner
Burl Ind
Burroughs Corp
Caro C&l
Celanese
Radio Corp
Reynolds Tob
Dan Aiv Mills
Douglas Aire
Sears Roebuck
Dow Chem
East Airl
Firestone
Califee
Ford Motor
Gen Elec
Gen Foods
Tebe
Texaco Inc
Inc
Gen Tel & Tel
Tel & Tel
McLean Trk
West Union Seee
Monsanto Pee
North West
Avia
Pacific
Ohio Oil
Freight
Ventimiglia
Benny
IEE
Handyman
Richard Smith
Lowell Harris
Gayne
Gayno Gilbert Smith
Troy Donahue
Angie Dickinson
Paramount
ESI
Invictas
Pinnites
Vibrators
Fabulous
Perry’s
Sin Ie Chevalier
Sourdan
Juliet Prowse
Mon Point
Thomasville AO
Elvis Presley
FBI
Paul Newman
Rossens
Ehustler
Hoke Gleason
CirenaScore
Jivaro
Rhonda Fleming
Jefferson Standard
Scottish Bankeeee
Kavanaugh-Smith A
Security L. & T. Co
Lance, Inc
Soroban Eng. Inc
Life & Casualty
Standard Motor Prod
Li'l General Stores
Thermo Plastics Tec
Metrotek Electron
Thomasville Industr
Moore-Handley, Inc
Travelodge
N. C. National Bank
Wachovia Bank
Ask/Textile Corp
Amer
Wise Homes
Allied Security Ins
Piedmont Aviation
North State Tel
Allvac Metals Eee
Public Ser. of
N. C
American Cryogenics
Pyramid Life
American Fidelity Life
BBS Studios Eeee . O
Boston Capital Cor
Botany Industries
Colonial Stores
Crumpton Bldg
Drexel Enterprises
Accr. Card
First Southern
First Union Nat. Bank
Gulf Life Ins. Co
Harris-Teeter Super M
Houston Corp
Intermountain Tel
Urs
Willi
UT Uell Laundry and
NEW Service Laundry
Centennial Ave
Vaughn
N. Main St
Om Umerrn
Roe
Vittorio Gassman
Alberto Sordi
Silvana Mangano
Greensboro RD
Featuring
Archdale
Johnny Cash
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