Stock Market Dips Slightly as Trading Slows in New York
New York stocks open lower with a light trading pace and few market news catalysts. Declines in steels metals chemicals motors oils and rails offset minor gains in select issues while the AP Average of 60 slips to 213.30 and the Dow falls to 602.10.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Dow Jones
Allied Chemical & Dye
Adams-Millis Corp
American Tobacco Co
the Borden Co
Bethlehem Steel Burlington Mills
Chrysler Co
ASK i New York Central RR
American Fidelity Life
Cone Mills
American Marietta
Carolina Light & Power
Colonial Stores
Douglas Aircraft
Drexel Furniture
DuPont de Nemours
Dow Chemical
Eastern Airlines
Gulf Life
Consolidated Edison J. B. Ive
Eastman Kodak
Jefferson Standard Life
Greyhound Corp
N.C. Natural Gas
General Dynamics
Piedmont Natural Gas
General Electric
Public Service of N.C
Gulf Oil
Pyramid Life
General Motors
Soroban Eng. Corp
Goodyear Tire & Rubber
Republic Steel
Sears Roebuck
Southern Ray
J. P. Stevens Co
Toéeen
Dow Jones Averages Snapshot From The Market Report
The Dow Jones averages list the industrials, rails, utilities and stocks with prev noon and close figures. Trading volume totals are shown, with the major indexes and components noted by category.
MENTIONED IN THIS ARTICLE
Bache & Co
Securities Quotations Guide From NASD Sources
This notice lists bid and asked prices as unofficial quotes from the National Association of Securities Dealers and other sources. It notes these figures are guides to approximate ranges where securities could have been sold or bought and that origin of any quotation can be supplied upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers Inc
Integration at New Orleans schools marks first postwar action
Teens patrol the street and a red truck bearing Ku Klux Klan symbols circles the scene as three African American girls are kept from a doorway while two schools prepare for the first peaceful, unveiled student integration since the Civil War era. Police clear the sidewalk as reporters probe the plan. The two schools named are William Frantz and McDonogh 19.
MENTIONED IN THIS ARTICLE
Little Rock
New Orleans
William Frantz
McDonogh
St. Claude Ave
Ruling on Caldwell School Desegregation Case
Judge Soper notes initial desegregation in Greensboro from page one A but after merger the Caldwell school shifted to all colored, with 245 white transfers and white teachers moved out while a Negro principal and seven Negro teachers were installed. The district judge dismissed the complaint citing admission to the school of choice and lack of second reassignment.
MENTIONED IN THIS ARTICLE
Caldwell
Soper
Neverty
Ruble Valuation and Convertibility Debate Highlighted
Analysis notes the weak dollar's impact on ruble value and gold prices in London. Officials warn that pegging the ruble at 9 kopecks per dollar yields little change unless ruble convertibility is allowed in international trade. Gold teeth prices quoted around 9 rubles per gram. black market toursist trades show rates from 33 to 0 rubles per dollar.
MENTIONED IN THIS ARTICLE
London Exchange
Nixon and Kennedy Meet Amid National Security Talks
President elect Kennedy and Vice President Nixon exchanged cordial words on Kennedy's Palm Beach arrival. They discussed bipartisan norms on national security and Kennedy noted officials across parties respect this tradition. Kennedy said he had no 1961 plans yet and hoped to golf with Ribicoff in Florida.
MENTIONED IN THIS ARTICLE
Nixon
Kennedy
Palm Beach
Florida
California
Talmadge Proposes Plan to Cut Farm Surplus
Senator Herman Talmadge unveils a farm program to reduce national surplus by paying farmers with surplus commodities instead of money for limiting production. The plan sets a per farmer quota, caps payments, bans acreage controls, and aims to absorb the nine billion dollar surplus via conservation and unit-for-unit commodity substitutions.
MENTIONED IN THIS ARTICLE
Macon
Herman Talmadge
Georgia Farm Bureau Federation
Talmadge
Secretary of Agriculture
Commodity Credit Corporation
Public Aid System Called Cruel
Pennsylvania welfare official Norman Y. Lourie labeled the public assistance system as discriminatory and cruel at the 41st North Carolina Public Welfare Institute in Raleigh. He urged better resource use while criticizing funding cuts that hinder program execution and argued that aid often focuses on parental morality rather than children's needs. Dr. Ellen Winston outlined the institute’s goal to update and strengthen welfare administration through talks and workshops.
MENTIONED IN THIS ARTICLE
Raleigh
Pennsylvania
Norman Y. Laurie
Pennsylvania Department of Public Welfare
North Carolina Public Welfare Institute
Lourie
Welfare Institute
Ellen Winston
Polaris Submarines Poised to Transform Warfare
The 380 foot George Washington leads a new Polaris program with 1960s plans for 45 subs by 1965. Each submarine carries megaton missiles with 25 minute loading times, ranges up to 2 500 miles, and crews of about 100 pursuing two year patrols with limited radio contact.
MENTIONED IN THIS ARTICLE
George Washington
James B. Osborn
Stockton
Navy
Proteus
Adm. McManes
United States
McManes
Also Mentioned on This Page
Siness and Financial
High Point Enterprise
American Can Co
Greensboro
RUBLE
Tunity
Ribicoff
Glenn Cribfield
Mayflower
Granville
Hamilton “T
Weathertron
Weathertron Ae
Centaur
Zett Air Conditioning and Heating CO
N. Main ST
Sen. Talmadge
BIC
Coal & Oil Co
Esso
OIL Heat Service
Rambler Sales
Smash Records
Rambler
Polaris
Charleston
Confederacy
Wachovia
Federal Deposit Insurance Corporation
Federal Reserve System
Piedmont Rambler
North Main Street
America
High Point, N. C
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