Market declines ease after midday stock surge
New York AP reports mixed trading as the Associated Press average of 60 stocks dips 0.9 percent at noon with the Dow off 3.55 points to 577.60. Industrials fall 1.8 percent while rails and utilities slide slightly. Some corps such as Pure Oil and Du Pont rebound after base cuts, and tobacco issues show gains before selling pressures intensify.
MENTIONED IN THIS ARTICLE
NEW York (Ap
Nat Dairy Pd
Nat
Param Picteee
Penney J Coaveees
Sieatee Bepeaowe
Phillips Oe
Poniin Corp
Lavoid and
du Pont
IBM
Texas
Peynolds Toba
Roebuck
Sell Coy Railway
Ing
Snorry Corp
Lorillard
Reynolds
Liggetto
Calif
Ind
Std Oil NJ Coe
Youngstown Sheet
Kravens JP
Texaco Inc
Mapr Steels
Frac- Textron Inc
Jones &Tinion Bag
Laughlin
UN Carbide
Indiana
Paverisserae
Va-Care Chem
Chrysler
Va P&p
Western Md
Dow Jones Industrial
U.S
Dixie Jrie
Woolworth
Zenith Radci OO
New York
Adams Millis
Allied
Allis-Chalteras
Can Co
Am Enka
Am Motors
Tel & Tel
Atch T&sf
Atl Coast Line
Atl Refining See
Avco Co Tree
Balt & O
Bendix Corp
Beth Stl
Boeing Air
Borden Co Eeee Ee Eee
Burl Ind . Tenes
Con- Burroughs Corp
Sbbee
Caro P&l Eteene
Celanese Corp
Chain Belt
Champion P&f Ae
Ches & Ohio Fee Enews
Carysiler Tee Ewe
Rusk
Columbia G&e Eens
News- Com
Douglas
Eastman Kod
Firestone
Ford Motor Seetewns
Gen Foods
Gen Tel & Telsesees
Ranger 5
Goodrich
Goodyear T&r
Nickel Canerjee
Ranger 4
Kayser-Roth
Tele- Liggett & Myers
Vision Pictures
Ranger
Martin - Marietta
McLean Trk
Monsanto
Monty Ward
Motorola Core Reeses
Nat Biscuit
Berlin crisis looming over Soviet East German pact
The article notes a tense view from Kennedy administration leaders that a Berlin crisis could erupt later in 1962 or early 1963 if a peace treaty between the Soviet backed East German government and East Germany grants sovereignty over Western supply routes to West Berlin.
MENTIONED IN THIS ARTICLE
East Germany
West Berlin
Berlin
Soviet Union
Kennedy tax cut debate shapes US economic outlook
Business Council members warn of needed tax reductions to spur growth while Hodges predicts modest gains next year. Eisenhower may join the debate as Republican campaigning continues amid mixed Moon shot results and a veterans group meeting at Guilford Barracks.
MENTIONED IN THIS ARTICLE
Business Council
Walter W. Heller
President's Council of Economic Advisers
CBS
Capitol
Heller
Kennedy
Luther H. Hodges
Washington
Hodges
Council
Dwight D. Eisenhower
Collision on two streets causes $300 damage. one driver charged
A 5 10 a.m. collision at Montlieu and Lexington avenues caused $300 damage to one automobile. Delbert Carter 42 Ennis Street was driving east on Lexington, swerved struck a median knocked down a signal and 486 feet along Greensboro Road to a driveway. He was charged with failing to reduce speed. The car was a total loss. A 3 p.m. collision on Lincoln Drive caused $30 damage to a car driven by Ronald Norman 29 Redding Street who was parked when hit by an unidentified vehicle that fled. No charges yet.
MENTIONED IN THIS ARTICLE
Montlieu Avenue
Lexington Avenue
Delbert Arnold Carter
Ennis Street
Greensboro Road
Carter
Lincoln Drive
Ronald Wesley Norman
Redding Street
Norman
Cotton futures dip at open in New York
Dow Jones reports cotton futures opening lower by 20 to 45 cents a bale from the previous close in New York trading.
MENTIONED IN THIS ARTICLE
New York
Blind Judge Cates Addresses Lions on White Cane Drive
Judge Coleman C. Cates of Burlington Municipal Court spoke to High Point Lions at the Sheraton Hotel about the white canes program benefiting the blind. He described his 23 years as a lawyer and 18 years as a judge while praising Lions Club efforts including a glaucoma clinic and the North Carolina Eye Bank. Receptacles for donations support the drive and related aid groups across North Carolina.
MENTIONED IN THIS ARTICLE
Coleman C. Cates
Municipal Court of
Burlington
Lions Club
High Point Lions Club
Sheraton Hotel
Coleman
North Carolina
Lion's Clubs
High Point Club
High Point
North Carolina Eye Bank
Glaucoma Clinic
North Carolina Association For the Blind
Diplomat-immune Czech official leads deadly Route 22 chase
Zizka, a 6 foot 2 inch 240 pound Czech official, fled New Jersey after minor crashes claiming immunity. He rammed his limousine toward Route 22, sped west at high speed, and was pursued by Jersey and Pennsylvania troopers. Near Easton he crashed, and Cpl. John Uditis shot after finding Zizka with a revolver. A gunfight followed with a fatal exchange as vodka bottles were found in the car and at his apartment.
MENTIONED IN THIS ARTICLE
Zizka
New Jersey
Jersey
Pennsylvania
Phn Atas
Easton
John Uditis
Uditis
Reverend Madden Dies. Shakespearean Scholar At Catholic U
The Rev. John L. Madden aged 51 and an assistant at Catholic University School of Sacred Theology died Thursday. He was renowned as a Shakespearean scholar.
Kennedy resumes campaign trail amid tough fall races
President Kennedy launches a three day swing with a noon Cleveland speech and stops at Lincoln's tomb in Springfield and the state fair grounds in Chicago. He aims to energize support for Rep Sidney Yates against Dirksen while courting backing for DiSalle Lausche and other Democrats in six states and a Seattle stop.
MENTIONED IN THIS ARTICLE
Cleveland
Michael V. DiSalle
Frank J. Lausche
Kennedy
Lincoln
Springfield
State Fairgrounds
Chicago
Rep
Sidney R. Yates
Everett M. Dirksen
Senate
Dirksen
Congress
White House
West Coast
Seattle
Fall furniture market heats up across North Carolina centers
More than 6000 buyers are expected in the Southern furniture market area as the fall show winds down next Friday. High Point serves as a hub with other markets in Thomasville Winston Salem Lexington Hickory Drexel and Lenoir. Thomasville Furniture Industries opened a new showroom in Thomasville drawing about 900 customers for a dinner and tour of the B F Huntley division. In High Point a panel discussion and press interview were planned at the New South Club Furniture Plaza while Stanley Furniture Co prepared a special evening showing of its new line in the exposition building.
MENTIONED IN THIS ARTICLE
High Point
Thomasville
Winston - Salem
Lexington
Hickory
Drexel
Lenoir
Thomasville Furniture Industries
B. F. Huntley
New South Club
Furniture Plaza
Stanley Furniture Co
Exposition Building
Columbus Landing Markers Erected on Watling Island
On Watling Island in the Bahamas three markers commemorate Columbus landing. One marker sits on a bluff on the windward side while the other two lie a few miles apart along the leeward beach.
MENTIONED IN THIS ARTICLE
Watling Island
Bahamas
Columbus
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