Market Decline Persists as Trading Slips at Noon
The New York stock market tracks a third straight dip with light trading. The AP index falls .50 to 204.20 as industrials shed 1.00 rails off .30 and utilities down .10. Dow Jones slips .85 to 572.30 amid mixed corporate bonds. Carnet names unchanged shares among steel autos rails tobacco aviation and chemicals.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Eastern Air Lines
Lockheed
Electra
Dow Jones
U.S
Stock market snapshot with mixed gains and losses
Noon stock totals from Bache & Co. show Cotton at 63 percent, Eastman Kodak 107 percent, General Dynamics up 37 percent, Gulf Oil 29 percent, and several others trading around narrow to modest moves. Major names include General Electric 72.44, IBM not listed, Goodyear 32.90, U S Steel 71 percent, and Westinghouse 48 percent, reflecting a varied trading day.
MENTIONED IN THIS ARTICLE
Consolidated Edison
Eastman Kodak
NEW York
Cotton
Fn Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors
Codecine
Goodyear Tire & Rubber
Dec. Ekials
Acai Et
International Harvester Ut
International Harvester Ut) Serrrrrreres 31.84 31.83 International Tel & Tel
May Eversecesees
Standard Oi! Co
Wl Pvesaverers
Jones Laughlin Steel Moe
Heveckecivves
Johns Manville Souidec
Proserersess
Norfolk & Western Ray
Phillips Petroleum Omnes
Garesdaawath
Pennsylvania Railway
Pepsi-Cola
Proctor & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
Southern Ray
J. P. Stevens Co
American Tel. & Tel
the Texas Co
Bache & Co
American Can Co
Allied Chemical & Dye
Union Carbide & Carbon
Adams-Millis Corp
United Aircraft Corp
American Tobacco Co
Westinghouse Electric Co
the Borden Co
U. S. Steel
Bethlehem Steel
Youngstown Sheet & Tube
Burlington Mills
F. W. Woolworth Co
Menzies attacks on Communists marked UN session clash
Amid talks of a spring Big Four summit and disarmament debate at the United Nations, Menzies denounced Soviet threats and predicted expansion of communist influence. Khrushchev challenged Dag Hammarskjold while communications with Berlin remained open, and Nehru urged neutralists toward dialogue.
MENTIONED IN THIS ARTICLE
Soviet Union
General Assembly
Britain
Harold Macmillan
Khrushchev
New York Herald Tribune
Macmillan
Geneva
Eisenhower
Berlin
Assembly
Eiserhower
Dag Hammarskjold
U.N
Hammarskjold
Horse of Hammarskjold
West Finds Out Why Reds Tick
Analyzing Khrushchev at the United Nations shows Western awareness of Soviet aims and a belief he overplayed his hand. He pressed for Hammarskjold’s resignation and a veto over UN actions, risking a paralysis of the world body while seeking a domestic political triumph.
MENTIONED IN THIS ARTICLE
West
United Nations
N.Y
Nikita Khrushchev
Kremlin
Jin
Dag Hammariskjold
World Organization
Khrushchev
General Assembly
U.N
World Peace Organization
Africa
Congo
Hammarskjold
Moscow
Dow Jones Averages Reported At Midday
The Dow Jones averages show furnishes by Bache & Co with Prev 11 a.m. 12 noon and close figures for Industrial Utilities and Stocks. The data lists values around 872.30 573.15 124.64 and 91.70 with volumes of 450,000 890,000 and 2,270,000 respectively.
MENTIONED IN THIS ARTICLE
Bache & Co
Teens Sentenced to Century-Plus Terms in Lincoln Park Rape Case
Five teenage suspects pleaded guilty to raping two pregnant women during a lakefront incident in Lincoln Park. Judge Covelli imposed concurrent 65 year terms for four youths and 50 to 65 year terms for Cleaven Dorsey Jr. The attack also involved beating the husbands and assaulting the families present.
MENTIONED IN THIS ARTICLE
Chicago
Lincoln Park
Daniel A. Covelli
Criminal Court
Lake Front
James
Wolf Man) Hines
Louis MecCranie
James Barr
Roscoe Clark
Cleaven Dorsey Jr
Dorsey
Robert Hall Taken to Mental Hospital in Greensboro
Robert Hall, once a High Point man, confessed to three New Jersey murders in Greensboro but the claim proved a hoax. He was taken by Guilford County deputies to Salisbury veterans hospital after two doctors found him mentally incapable.
MENTIONED IN THIS ARTICLE
Greensboro
Robert Hall
High Point
New Jersey
Guilford County
Khrushchev's Maneuvering in Congo Seen Favorable to Soviet Goals
The article argues Khrushchev could use a Congo settlement to advance Soviet aims by presenting the West with a trusted successor and removing obstacles. It notes Khrushchev’s pattern of overplaying his hand and the Western habit of adapting to his moves, leaving the door open for future leverage.
MENTIONED IN THIS ARTICLE
Khrushchev
Congo
Government Sees Strong Economy Despite Tax Cutbacks
The Eisenhower administration maintains a positive business outlook despite a major revenue shortfall from a tax cut and higher spending. Budget Director Maurice H. Stans announced revised 1960–61 figures showing receipts at 81.5 billion and expenditures at 80.4 billion with new spending authority at 82 billion.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Treasury
Maurice H. Stans
Congress
Richard M. Nixon
John F. Kennedy
Stans
Budget Bureau
Man Found Asleep In Dryer At Local Laundromat
Cincinnati police arrested 33 year old Donald Riggs after a woman found him asleep inside a dryer at A Wash N Dry Laundromat on Tuesday night. He was charged with being drunk.
MENTIONED IN THIS ARTICLE
Cincinnati, Ohio
A Wash N Dry
Donald Riggs
Pollice
Riggs
Also Mentioned on This Page
Business
Anal Financial News
Chrysler Corp
New York Central
RA Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Issie
Soviet
West Berlin
Marguerite Higgins
U. N. Correspondents Association
India
Nehru
Civil Aeronautics Board
Iscene
Steven B. Derounian
R-N.y
Vance Hartke
D- iInd
Federal Aviation Agency
E.R. Quesada
Federal Aviation Administrator
Logan International Airport
Philadelphia
Charlotte
N.C
Greenville
D.C
Atlanta
Marine Corps
Parris Island
EAL
Cmdr
Everett Cook
USNR
Winthrop Yacht Club
William L. Ryan
Associated Press News
Tate ST. Coin Launderette
Tate ST. Coin
Tate ST
Nylo Tuille
Mrs. Kelly
Mrs. Hunt
Glen-Raven Fabric Shop
High Point, N. C
Whitney Shoemaker
Diier
Allied
Allied Finance CO
W. Washington St
Falcon 61
Falcon
Ford
Washington & Wrenn
English Motor Company
Peanuts
United Faslure Syndicate
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