Stock Market Tumbles as Steel Strike Hopes Fade
New York traders see a broad market retreat with major steel and rail stocks leading losses. Industrials and utilities slip while some chemicals and electronics list moderate declines. The Dow area shows declines around a point to several points as investors reassess the steel shutdown impact.
MENTIONED IN THIS ARTICLE
NEW York
Srake
Air
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel
Republic Steel
Standard Oil Co
Baltimore & Ohio
Southern
Pat Jones Laughlin Steel
Cffic
Kennecott
Reynolds Metals
Johns Manville
Douglas Aircraft
Goodrich
American Cyanamid
Central
Pennsylvania
Procter & Gamble
Associaed
Reynolds Tobacco
Sears Roebuck
Rails
Southern Ray
Utilities
Rockefeller weighs national run amid Nixon rivalry
Rockefeller, as chairman of the CD committee, hints at a presidential bid while suggesting a Nixon contest could unfold at the GOP convention. He plans to tour California Oregon and Chicago and address New England publishers while polling data show Nixon as the leading Republican choice.
MENTIONED IN THIS ARTICLE
Rockefeller
CD Committee
New York
Nixon
Sen
Thruston B. Morton
Washington
Chicago
California
Oregon
Sowee Fee
New England
Providence
R.1
Dow Jones Averages Report Furnished by Bache & Co
The column provides the Dow Jones averages and stock volume figures with figures like 16 utilities 6614 and a total volume around 870,000 1,140,000 and 1,450,000. The data appears to be a market summary from the era with brief numerical listings.
MENTIONED IN THIS ARTICLE
Bache & Co
Cotton Futures Open Higher in New York
Cotton futures opened 10 to 35 cents a bale higher in New York today, signaling early buying interest for the market.
MENTIONED IN THIS ARTICLE
NEW York
AP Writer Barred From Moscow By Soviet Authorities
Gustav Svensson an Associated Press correspondent in Moscow since last November has been barred from re entering the Soviet Union He was told he would not be permitted to return after applying for exit and re entry visas to visit his wife who is recovering from an operation in a hospital in Stockholm Svensson a Swedish citizen 45 joined AP in Stockholm in 1946 and was assigned to Moscow He was married in Helsinki last September and was allowed to leave and return to Moscow with larger living quarters.
MENTIONED IN THIS ARTICLE
Stockholm
Sweden
Gustav Svensson
Associated Press
Moscow
Soviet Union
Svensson
Helsinki
Storm Judith travels from Gulf to Atlantic near Bermuda
Judith formed unexpectedly in the Gulf of Mexico and moved across Florida into the Atlantic near Fort Pierce. The storm registered winds up to 70 mph, dumped heavy rains, and threatened Bermuda before weakening and posing no land danger to the United States.
MENTIONED IN THIS ARTICLE
Gulf of Mexico
Judith
Daytona Beach
Fla
Bermuda
Weather Bureau
United States
Florida
Gulf Coast
Fort Myers
Lake Okeechobee
Atlantic
Fort Pierce
Johnson Stresses Pioneering Spirit
Dallas Texas Senator Lyndon B Johnson says the loss of the pioneering spirit is a greater threat to the nation than Soviet space advances. He told his weekly radio program that the real danger lies in America falling behind in its longtime specialty of pioneering.
MENTIONED IN THIS ARTICLE
Dallas, Tex
Outer Space
Lyndon B. Johnson
D-Tex
Senate
Johnson
Texas
Steel dispute collapses as injunction looms
The board failed to avert a strike after mediations and talks with two sides. President Eisenhower plans to seek a Taft Hartley court order to end the walkout for up to 80 days while union leaders warn of unrest if forced back to work.
MENTIONED IN THIS ARTICLE
George W. Taylor
Philadelphia
Eisenhower
Justice Department
U.S
Pittsburgh
David J. McDonald
John Sherman Cooper
Congress
CBS
Cooper
Gale McGee
D-Wye
Mitchell
Pennsylvania
Assatablish
Taylor
McDonald
Rollman Seeks Senate Run As Republican In North Carolina
Heinz Rollman, German-born Waynesville shoe maker, announces he has registered as a Republican to contest the 1958 Democratic primary in Rollmanirie for the seat held by Rep. George A. Shu ford. He previously ran as a Democrat but supported the ticket after Shu ford fell ill.
MENTIONED IN THIS ARTICLE
Asheville
Heinz Rollman
Waynesville
Rollman
Rollman Erie
George A. Shuford
Shuford
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