Market falls on weak steel outlook and tax losses
The New York stock market slid in early afternoon trading as discouraged selling wiped out gains. The Dow Jones average stood at 697.69, down 1.29, with industrials and rails leading declines while some aircraft stocks gained. Tax-loss selling and doubts about 1962 growth weighed on sentiment.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Securi
Standard Oil
New Jersey
Texaco
Amerada
U.S. Steel
Bethlehem
Republic Steel
Union Carbide
Ford
General Motors
Studebaker-Packard
Consolidated Edison
Lorillard
American Stock Exchange
U.S
Soviet Union Tests Trigger Global Fallout Debate
The big atmospheric explosion prompts calls to resume atmospheric tests and draws protests from Norway Sweden and Japan. U S officials report an underwater nuke test and a Polaris missile launch while Tass touts a 7500 mile rocket with high accuracy as Moscow touts defense claims. A U S Senate leader says fallout concerns may force policy shifts.
MENTIONED IN THIS ARTICLE
U.S
Soviet Union
Washington
U.S. Navy
Atlantic
Cape Canaveral
Fla
Tass
U.S.S.R
Central Pacific
Senate Democratic
Mike Mansfield
Montana
Clinton P. Anderson
D-N.m
United States
Swedish National Radio
Japan
Masayoshi Ohira
Soviet Bloc
Norway
U.N
Furniture makers report strong orders and evolving styles ahead of spring market
Manufacturers say current backlogs will keep plants busy into April as new orders arrive within 30 to 45 days. Buyers expect furniture lines to include Early American and Modern Classic styles with woods like walnut and Brazilian rosewood. Prices for living and dining room goods rose 3 to 5 percent due to rising material costs, while upholstered furniture prices remained largely steady.
MENTIONED IN THIS ARTICLE
Consumer
Letters Returned After 20 Years in Paisley
In Paisley Oregon residents are receiving mail mailed nearly twenty years ago. A contractor building a new post office found letters dropped in an old outside slot and hidden between the post office walls. Undeliverable mail will go to the dead letter office.
MENTIONED IN THIS ARTICLE
Paisley, Ore
Oregon
Soviet Union Flag Removed From Utah Capitol Display
The Soviet Union flag was taken down Monday from a United Nations flags display in Utah's capitol. Secretary of State Lamont Torontoe, the building custodian, ordered removal amid complaints and due to insults Khrushchev had directed at Presidents Eisenhower and Kennedy.
MENTIONED IN THIS ARTICLE
Salt Lake City
Utah
Soviet Union
United Nations
Lamont Toronto
Khrushchev
Eisenhower
Kennedy
Malinovsky Claims Reds Can Destroy Rockets By Flight
Soviet Defense Minister Marshal Rodion Malinovsky told the 22nd Communist party congress that the USSR has solved the problem of destroying rockets in flight with a new rocket armed force. He warned of a crushing victory against the aggressor through a joint all arms effort and cited a 50 megaton bomb and 1,800 missile capable units, while not detailing the breakthrough. Tass reported stormy applause as Chou En-lai departed Peiping for talks with Mao over Albanian rifts.
MENTIONED IN THIS ARTICLE
Stanley Johnson
Moscow
Rodion Y. Malinovsky
Soviet Union
Malinovsky
Communist Party
U.S.S.R
Washington
U.S
United States
Tass
Chou En-lai
Peiping
Mao Tze-tung
Kremlins
Red China
Albania
Chou
Khrushchev
U.N. Awaits Tshombe Reaction on Katanga Cease-fire
U N secretariat ratifies the Katanga cease fire with three conditions and routes for the exchange of about 190 UN soldiers. Mahmoud Khiari delivers the terms to Tshombe hoping quick approval and cross border implications are avoided. Observers predict possible rejection amid concerns of secession bias versus Leopoldville authority.
MENTIONED IN THIS ARTICLE
Elisabethville
Katanga
the Congo
U.N
Moise Tshombe
U.N. Secretariat
Mahmoud Khiari
Tshombe
Khiari
Central Congo
Leopoldville
Security Council
United Nations
Loganville dog points fish along creek bank
Her man McCullers of Loganville reports his bird dog Gid exhibits an unusual talent by standing along a creek bank and pointing fish swimming in the water.
MENTIONED IN THIS ARTICLE
Loganville, Ga
Herman McCullers
Loganville
Gid
Cuba accuses U S of killing Cuban at Guantanamo
Cuba formally accuses the United States of killing a Cuban worker at Guantanamo Naval Base and demands American officers be turned over for trial. Raul Roa calls the base a constant provocation while Cuba seeks sovereignty through international law.
MENTIONED IN THIS ARTICLE
Havana
Cuba
United States
Guantanamo Naval Base
Washington
State Department
Raul Roa
Ruben Lopez Sabaniego
Guantanamo
Fidel Castro
Castro
Lopez
U.S
Mde
Escapes Burst From Berlin Border Amid Clashes
West Berlin police report 22 East Berliners fled to the West overnight in what officials call a record escape surge. A Vopo jumped from a second story balcony and was aided by a West German officer, sustaining a sprained ankle. Police say 11 shots were fired by Vopos in northern border districts as witnesses saw a man led away, likely a refugee seized during the escape.
MENTIONED IN THIS ARTICLE
West Berlin
Amherst Republicans Try Balloon Launch Fails Spectacularly
In Amherst a 16 foot campaign balloon exploded after being poked by a passing radio car. Republicans hoped the stunt would boost support for their campaign headquarters.
MENTIONED IN THIS ARTICLE
Buffalo, N.Y
Amherst
Mouth-to-mouth Resuscitation Not New Says Doctor
Dr. Wolfgang Sporrel of the Kitchener-Waterloo Academy of Medicine says mouth-to-mouth resuscitation was described by two Danish physicians in 1796 and is mentioned in the Bible, challenging the notion of novelty.
MENTIONED IN THIS ARTICLE
Kitchener, Ont
Wolfgang Sporrel
Kitchener-Waterloo Academy of Medicine
Cotton futures open unchanged from prior close
New York AP reports cotton futures opened steady, holding where they ended the previous session. No significant price movement observed as traders await further market cues.
MENTIONED IN THIS ARTICLE
New York
Mrs Clifford Sifton Dies in Toronto
Mrs. Clifford Sifton wife of a Canadian newspaper radio and television executive died Saturday. Sifton owns newspapers in Regina and Saskatoon and has major interests in radio and television stations in Regina Winnipeg and Hamilton.
MENTIONED IN THIS ARTICLE
Clifford Sifton
Toronto
Sifton
Regina
Saskatoon
Winnipeg
Hamilton
Indian Envoy's Wife Battles With Landlady
In New York the Indian ambassador to the United Nations C S Jha and his wife clash with landlady Betty Roberts over noise and access during renovations at 33 East 74th Street Their dispute escalated last week prompting the Jhas to move out and stay in a nearby hotel The landlady says rent for October remains unpaid and she plans to write to President Kennedy about the matter
MENTIONED IN THIS ARTICLE
New York
C. S. Jha
United Nations
Madama Jha
Betty Roberts
Kennedy
E. 74Th St
Ambassador
Madame Jha
Mrs. Roberts
Jhas
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Adams Millis Sevees
Alliec eTeeeees
Allis - Chal
Can Co
Seeeess
Enkaeee Eneee
M Motors Coseeese
Tel & Tel
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Atch T&sf Seveses
Atl Coast Line
Atl Refining Sree Eee
Avco Co Eee Ewnne
Balt & Oseen Ssvcees
Bendix Corp Weanette
Beth Stl Borden Co
Borg - Warner Cosees
Burl
Burroughs Corp Eses
Cannon Mills
Columbia G&e Seeces
Coml Credit
Cnet
Dan Aiv Mills
Douglas Airc
Dow Chem
Eastman Kodsoothe
Goodyear T&a
Greyhound
Weer
Gulf Oil Corp Sone Ee
Big
Nickel Can
Paper Eeee
Tel & Tel Aoe
Kayser - Roth
Kenct Cop
Eseoone
Lockh Liggett & Myers
Lorillard Peteneee
McLean Trk
Monsanto
Monty Ward
Wee Osees
Motorola Se
Nat Distillers
NY Central
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Ohio Oil
Penney J C
Pepsi - Cola
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Phillips Petr
Radio Corp
Rep
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Life
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Life & Casualty Ins
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Peninsular Life
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Public Service of N.C. Pyramid Life Ins
Security Life & Trust
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Wachovia B’k & Trust
Eeeee
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Std Oil NJ
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VaEl& Pow
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Zenith Rad .Oe Ott
Mao
Liu Shao-chi
Peiping Radio
Archdale
Bardot
Brigitte Bardot
N.Y. Post
Jac
Hawaiian
Taures Lce
Peggy Ces Elde
Glenn Ford
Reyes
Winston-Salem
Greensboro
Durham
Taleortiererie
iSeed Properties
Relais
Cp Hl A.aes
ABC Jalousie Company
Swan
W. Lee St
FAME
Ccvees- Weoweevccee
Soreseoee Urp
D. Plese
Elia Kazan
Natalie Wood
Warren Beatty
Rialto
the Little Shepher of
Kingdom Come
Scope & Color
Adam & Eve
Midway Theatre
Daily News
Wy. Row
George Gobel
Diana Dors
Dow Jones
Bache & Co
Killers
Tos
Saturday Evening Post
The
Caribbean
Paramount Theatre
Tive
Europe
LA Dolce Vita
Annabelle
Finch High Point
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