Dow Jones Averages Slip Amid Nervous Selling
New York noon trading shows the Dow Jones industrial average at 567.14, down 6.15 points as broad selling hits major stocks. The Associated Press index drops 1.90 to 211.70 with industrials, rails, and utilities all lower. Some losses narrow in the afternoon as ticker delays ease. IBM, Polaroid, Xerox, Corning Glass, Du Pont, Superior Oil fall, while General Motors declines slightly. Corporate and U.S. government bonds also weaken in a broad market slide.
MENTIONED IN THIS ARTICLE
Dow Jones
IBM
Polaroid
Xerox
Corning Glass
du Pont
Superior Oil
California
General Motors
Oil
Indiana
Pfizer
Johns- Manville
Bache & Co
NEW York (Ap
Martin Marietta Ss Utilities
Tradt
McLean Trk Ee
Wall Monsanto Ee
Monty
Monty Ward Ee
Textron Inc
Union Bay Pena
Pennsy RR
United Aircr
United Fruit
US Steel
Va Caro Chem
Radio Corp
Cence
Va el & Pow ‘ Teers
Reynolds
Woolworth
Calif
Zenith
Cotton futures open unchanged to 25 cents lower
New York AP reports cotton futures opened steady to a 25 cent per bale drop from the prior close reflecting early market moves as traders weigh supply and demand signals.
MENTIONED IN THIS ARTICLE
New York
Khrushchev Proposes New Berlin Talks After U.S. Vote
Soviet Premier Khrushchev reportedly wants new Berlin negotiations after the American elections and may take the issue to the United Nations if the United States does not concede. The remarks came in an Sept. 18 interview with Belgian legislator Raymond Scheyven and published by Le Soir.
MENTIONED IN THIS ARTICLE
Brussels
Belgium
Khrushchev
Berlin
Soviet Union
United Nations
United States
Raymond Scheyven
le Soir
Hoffa Conspiracy Trial Opens in Nashville Federal Court
The conspiracy trial of Teamsters Union President James R Hoffa opens in federal court in Nashville Tennessee. Judge William E Miller notes it could stretch into winter as Hoffa defends against charges of conspiring to violate the Taft Hartley Act and unlawfully obtaining a million dollars via a dummy company. The case involves Commercial Carriers Inc Test Fleet Corp and odd transfers to Hoffa and Brennan heirs. Hoffa accuses U S Attorney General Robert F Kennedy of political vendetta.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
Teamsters Union
James R. Hoffa
Justice Department
Defense
U.S. Dist
William E. Miller
Hoffa
Detroit
U.S
Robert F. Kennedy
Bob Kennedy
Hitler
America
Michigan
Hoffa and
Commercial Carriers, Inc
Miller
Owen Brennan
Teamsters
Test Fleet Corp
Local Youths Win Ribbons At North Carolina State Fair
North Carolina State Fair in Raleigh last week saw several youth exhibitors win ribbons in Holstein entries. Notables include Carol Anne Hardin and Karen Wilson with junior and senior division placements, Robert Glen Hardin III with multiple senior placements, and Howard G. Wilson with junior and senior ribbons. Culinary winner Mrs. Tom Toler earned third in three cakes. Uncertain history note about Pony Express riders dated April 3, 1860.
MENTIONED IN THIS ARTICLE
Raleigh
Carol Anne Hardin
Holstein
Robert Glen Hardin III
Karen Wilson
Howard G. Wilson
Hoffa Arrives Ahead of Conspiracy Trial Start
Teamsters Union president James Hoffa lands in Nashville Tennessee for the Monday opening of his federal conspiracy trial. He plans to direct union activities from his hotel suite as the trial is expected to last several days.
MENTIONED IN THIS ARTICLE
Teamsters Union
James Hoffa
Nashville, Tenn
Investors Guide: Bargain Plays In Cement And Steel
Readers ask about buying favored stock in disfavor sectors like cement and steel. Advice stresses quality leaders, patience, and awaiting upturns while noting longer rebound times. It also covers income boosts via high yielding preferreds, tax exempt bonds safety, broker pricing, and how to request investment lists from Sam Shulsky.
MENTIONED IN THIS ARTICLE
Baron Rothschild
Public Service
Central & South West
Mr. Shulsky
Sam Shulsky
High Point Enterprise
Fund Raising Dance Slated in Archdale
Archdale three civic groups join to sponsor a fund raising square dance at Starlite Skating Rink on S Main Street to aid a Youth Center for Scouts. Dance begins 8 p m with door prizes. center to be built behind Lions Club property for Scout use.
MENTIONED IN THIS ARTICLE
Archdale
Starlite
S Main Street
Archdale-Trinity Lions Club
S. Main Street
Lions Club
Archdale-Trinity Woman's Club
Girl Scouts
Archdale Parent - Teacher Assn
Cubs
Kennedy Leaves Georgia After Speaking on Campaign Trail
Senator Kennedy called from Georgia and hurried home not revealing his destination while Sen. Wiley canceled Milwaukee appearances and prepared to travel to Washington. Hum phrey and Fulbright were en route to the capital as Kennedy, campaigning in Illinois for Dirksen’s opponent, cut short weekend stumping. Stevenson was summoned to Washington for talks with Secretary Rusk amid a busy political weekend.
MENTIONED IN THIS ARTICLE
Senate Armed Services Committee
Georgia
Milwaukee
Alexander Wiley
R-Wis
Washington
Wiley
Senate Foreign Relations Committee
Hubert Humphrey
Minnesota
Senate
J. W. Fulbright
D-Ark
Kennedy
Illinois
Dirksen
Sidney R. Yates
Salinger
Adlai E. Stevenson
U.S
United Nations
Dean Rusk
Stevenson
New York
Supreme Court Refuses Wiretap Appeal in Yonkers Bookmaking Case
The Supreme Court today declined to hear an appeal from Floyd Dinan Francis Day and Albert Bricker challenging state use of court ordered wiretaps in a Yonkers New York bookmaking trial. The lawyers argued federal law preempts state wiretap evidence. Justice Douglas favored hearing the case.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Yonkers
N.Y
New York
Federal Communications Fact
Texas
Ohio
High Tribunal
U.S
Floyd Dinan
Francis W. Day
Albert Bricker
Douglas
Retired Admiral Dies In Holdup In Chicago
Paul Joachim fifty a retired rear admiral was killed in an apparent holdup on Lake Shore Drive. He resisted a lone gunman who fired four times and fled. A money clip with thirty five dollars was found. naval authorities note his WWII service and 1954 retirement as rear admiral.
MENTIONED IN THIS ARTICLE
Chicago
Paul Joachim
Joachim
Lake Shore Drive
Naval
New Jersey
Elmina Joerrissen
Kay Helvestine
Miami
Fla
Democrats Launch Fan Out Campaign in 9th District Rally
Democrats begin a fan out campaign with a 9th District rally in Concord where Brooks Hayes will speak for Hugh Q. Alexander joined by Gov. Terry Sanford. The Republicans counter with events in Rockingham Marion and Asheville as they push Rep. Jonas against Rep. Kitchin in the neighboring districts.
MENTIONED IN THIS ARTICLE
Associated Press
Concord
Brooks Hayes
Arkansas
U.S. State Department
Hugh Q. Alexander
Terry Sanford
Rockingham
Marion
Asheville
Hickory
Wilbur Mills
Bert Bennett
Charles A. Halleck
R-Ind
Richmond County
Jonas
National Guard
Charles R. Jonas
A. Paul Kitchin
8Th
Indian Chinese Clash Deepens In Ladakh Frontline Fight
Reports say fighting persists 900 miles west of the Northeast Frontier as India and China accuse each other of aggression. Chinese outlets claim seven Indian strongpoints captured. India reports heavy casualties with retreats and no confirmed figures. Nehru aides describe the prime minister as cautiously hopeful.
MENTIONED IN THIS ARTICLE
Ladakh
Northeast Frontier Area
Chipchap River
United States
Peiping
Ta Kung Pao
U.S
U.S. State Department
India
Ladakhi
Defense
V. K. Krishna Menon
Praja Socialist Party
Nehru
Phillip Editor at AP Since 1943
Phillip serves as an editor in the radio and television news department of the Associated Press, a role he has held since 1943.
MENTIONED IN THIS ARTICLE
Phillip
Radio-Televison News
The
Associated Press
Soblen's Remains Sent to New York
The cremated remains of Dr. Robert A. Soblen, the Lithuanian born American psychiatrist convicted of spying for the Soviet Union, were flown from London to New York. Soblen, 62, died September 11 after a six day coma from barbiturate drugs taken while being deported. He fled to Israel in June after skipping a $100000 bail in New York. Expelled from Israel for illegal entry he slit his wrist and stabbed himself aboard a jet liner.
MENTIONED IN THIS ARTICLE
London
Robert A. Soblen
Soviet Union
New York
Soblen
Hillingdon
United States
Sobolen
Israel
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