Mixed New York stocks with gains in American Motors and Studebaker
The New York market opened mixed with small moves across major issues. American Motors jumped nearly 3 points to a fresh high, Studebaker Packard rose on strong demand, while U S Steel slipped after a quarterly loss. Taft Hartley injunction uncertainty weighed on steel shares as trading stayed active.
MENTIONED IN THIS ARTICLE
New York
American Motors
Studebaker
Packard
Taft-Hartley
U.S. Supreme Court
U.S. Steel
Motorola
Moore-McCormack
Bache & Co
Allied Chemical & Dye
American Tobacco Co
Borden Co
Bethlehem Steel
Burlington Mills
Chrysler
New York Central Air Cone Mills
Carolina Light & Power Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Eee Eeeenenee
Consolidated Edison
Dec
Eastman Kodak
Mar Greyhound Corp
General Dynamics
Pepsi-Cola
General Electric
Procter & Gamble
Gulf Oil
Reynolds Tobacco
Steel Strike Delays Peak Period of 1960 Outlook
AP reports the steel strike dampens the economy with a 3 percent annual drop in GNP in July to September, while October to December figures are seen worsening. Unemployment rises as nonsteel layoffs grow and construction awards slip. Some see a delayed boom, others view it as a genuine slowdown.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York (Ap
Labor
Bright
Wall Street
72-Year-Old Coed Is Queen
A 72 year old coed won a contest with 270 to 300 votes in Oceanside California AP reports she came from Hungary to New York with her husband in 1914 and moved to California in 1933 after his death. She has studied for three years aiming to be a creative writer.
MENTIONED IN THIS ARTICLE
Oceanside
Calif
New York
Hungary
California
Student Secures Draft Exemption for Teacher
In Montpelier Vermont the Selective Service Appeal Board deferred Fairlee teacher Donald L Lindsley II from the draft after a 12 year old pupil wrote to President Eisenhower praising him as principal teacher and athletic coach. The board cited his pro duties in education and athletics as the reason for the exemption.
MENTIONED IN THIS ARTICLE
Montpelier
Donald L. Lindsley II
Fairlee
Eisenhower
Vermont Selective Service Appeal Board
Lindsley
Maria Callas Skips Reception in Kansas City
Opera star Maria Callas did not attend a reception at the Nelson Gallery of Art as part of a benefit event. Gov. James T. Blair and about 800 guests waited briefly before leaving. A concert was planned for the next night under Friends of Art sponsorship, with the sponsor citing medical advice. Full blood Indians comprise about 15 percent of Mexico's population.
MENTIONED IN THIS ARTICLE
Kansas City Co
Kansas City Society
Maria Callas
Nelson Gallery of Art
Missouri
James T. Blair
Mme. Callas
Friends of Art
Art Gallery
Milton F. Barlow
The
Barlow
Flash Fire Forcing MSU Dorm Evacuation Traps Students
About 40 students were routed from their dormitory rooms at the University of Mississippi after a flash fire Tuesday night. They fought the blaze with extinguishers and water-filled trash cans until firemen arrived. Two students Lester Sargeant and David Christensen, both of Memphis, Tennessee, were overcome by smoke but revived. Fire chief David Neilson Jr. said the fire started in debris beside the dormitory.
MENTIONED IN THIS ARTICLE
Oxford
Miss
University of Mississippi
Lester Sargeant
David Christensen
Memphis, Tenn
David Neilson Jr
Walter Williams Survives Pneumonia Attack in Houston
Walter Williams, 116, the last surviving Civil War veteran in Houston, weathered another pneumonia attack. His physician, Dr. Russell S. Wolfe, says Williams may live to reach 117.
MENTIONED IN THIS ARTICLE
Walter Williams
Houston
Tex
Russell S. Wolfe
Investment Dilemmas and Safe Ways to Grow Cash
A widow asks for advice on securing better yields than four percent and balancing $60,000 in cash and dividends. The columnist warns market declines are possible but some securities offer near five percent, and recommends quality income securities to diversify. Additional reader questions about a bogus uranium stock and liquid, near-term needs lead to Treasury bonds with 4 to 4 yields to maturity as a safe, flexible option, noting potential losses on early sale. Mr Shulsky invites general-interest questions.
MENTIONED IN THIS ARTICLE
Q. Lam
Treasury
Confederate Under Oxygen Tent After Attack Says He Is Stable
Liam suffered an attack last Tuesday and was treated in a tent with oxygen for four days and fed by eyedropper. He says the Confederate is no longer in the tent and is in pretty good condition.
MENTIONED IN THIS ARTICLE
Liams
Eyedropper
Spark It Chicken Curry with Creamy Bourl Sauce
A quick guide suggests serving a spicy chicken curry with French fried onion rings. Make the curry sauce using bourl and a few tablespoons of cream, and use canned onion rings for a simple finish.
Diplomats Push General Disarmament Resolution
Diplomats in the United Nations push for a speedy approval of a resolution calling for general disarmament under effective international control. The measure, echoing the Camp David talks, seeks constructive arms solutions and asks Hammarskjold to provide arms plans from Lloyd and Khrushchev for Geneva talks.
MENTIONED IN THIS ARTICLE
Sembly
Camp David
Eisenhower
Khrushchev
Dag Hammarskjold
Geneva
Selwyn Lloyd
U.N
West
Soviet Union
Vasily D. Kuznetsov
U.S
Henry Cabot Lodge
United States Imports From Nepal Valued at 1958 Level
The article notes that United States imports from Nepal totaled $2,000 in 1958, indicating a small bilateral trade volume. This figure highlights Nepal’s limited trade ties with the United States during that period.
MENTIONED IN THIS ARTICLE
United States
Nepal
Schomburg Named Head of Army Missile Command
Maj. Gen. August Schomburg was named to succeed Maj. Gen. John B. Medaris as head of the Army Missile Command in Huntsville Alabama. Medaris retires January 31 after leading the rocket team credited with launching the United States first earth satellite and first solar satellite and developing the 1500 mile Jupiter missile.
MENTIONED IN THIS ARTICLE
Washington
August Schomburg
John B. Medaris
Army
Missile Command
Medaris
Army Rocket Team
Huntsville
Ala
Wernher von Braun
United States
Schomburg
Drysdale Makes Acting Debut as TV Cowboys Wild
Pitcher Drysdale, known for his temper, appears in a TV western alongside John Russell and Peter Brown. An improvised six shooter scene ends with a ball flying from his hand as bystanders call it a nervous moment before he settles into acting.
MENTIONED IN THIS ARTICLE
John Russell
Peter Brown
Don
Drysdale
Giants
Floyd Patterson to Speak at Shelby Center Dedication
Former heavyweight champion Floyd Patterson, born near Waco in Cleveland County, will speak November 13 at the dedication ceremony for a new Shelby community center.
MENTIONED IN THIS ARTICLE
Shelby, N.C
Floyd Patterson
Waco
Cleveland County
Transfer of Army Personnel to NASA Authority
A note indicates personnel were taken from the Army and placed under the National Aeronautics and Space Administration. The move signals a reorganization linking military personnel with space program leadership.
MENTIONED IN THIS ARTICLE
Army
National Aeronautics and Space Administration
Also Mentioned on This Page
Dow-Jones
Business Mirror
Mexico
Investors Guide
Church
Nevada
Sec
Retary
State of
C. DeWitt Holton
RFI, A
S. Main ST
Patterson
Creeds
Icf
Church OF Christ
Lexington Ave
Gospel Meeting
William Wilder
Rocky Mount, N. C
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