Stock Market Mixed As Production Rises And Tensions Weigh
The AP stock roundup notes Chrysler Ford American and Studebaker gains while GM holds. The Dow nudges near 600, with 60 stocks at 600.94, down 1.51 at noon. Steel, chemicals, airlines slip. IBM rises then falls. Polaroid gains on color film hopes. Bond values ease as production improves.
MENTIONED IN THIS ARTICLE
Chrysler
Ford
American
Studebaker
Associated Press
Cuba
Algeria
Berlin
IBM
Xerox
DuPont
Litton
Polaroid
U.S. Steel
Bethlehem and
Republic
U.S
Goodrich BF
Goodyear
T&a New York
Greyhound
Aft
Gulf Oil
Dow Jones
Air Liggett & Myers
Monsanto
Phillips
Western Md
West Union Ween
Johnson Appeals to Italy for Aid and Space Cooperation
Vice President Lyndon B. Johnson urged Italy to help ease the U.S. gold drain by buying more American goods and to back space collaboration with the United States. In talks with Premier Amintore Fanfani and Foreign Minister Attilio Piccioni, Johnson and Italy planned a space cooperation pact and a satellite project aided by the U S. Scout rocket. The two leaders expected to sign the convention before Johnson's Friday departure.
MENTIONED IN THIS ARTICLE
Rome
U.S
Lyndon B. Johnson
Italy
United States
Johnson
Amintore Fanfani
Attilio Piccioni
Anthaesiatican
Amarican Eanraag
North Atlantic Treaty Organization
America
Piccioni
U.S. National Aeronautics and Space Administration
Athens
Lebanon
Iran
Turkey
Cyprus
Dow Jones Averages Reported At Morning Levels
The brief market update shows index readings from Bache and Co with the Industrials around 601.22 and 600.94, Utilities near 120.99, and Stocks at 209.70 based on 11 am figures. Trading volume bands include 1,150,000 to 2,970,000 shares.
MENTIONED IN THIS ARTICLE
Bache & Co
Cuban situation shifts in Latin American talks and naval incident
Latins and OAS ambassadors met off the record to discuss Cuba while State Department officials framed the briefing as an update on late developments. A Czech ambassador met an assistant secretary on Latin American affairs as Czechoslovakia represents Cuba. Kennedy released details on Soviet shipments to Cuba, citing antiaircraft missiles torpedo boats and about 3500 Soviet technicians, as Rusk and McNamara prepared to brief Senate committees.
MENTIONED IN THIS ARTICLE
Organization of American States
State Department
Joseph W. Reap
Edwin M. Martin
Czechoslovakia
Cuba
Nike
Iraq
Indonesia
U.S
Bloc
Kennedy
British TV Viewers Described by Research Findings
A Manchester report cites a research study claiming male Western viewers are comfort lovers of low intelligence while women viewers are neurotic thoughtless and also comparatively low in intelligence. The AP summary notes the controversial labels about gender and viewer preferences.
MENTIONED IN THIS ARTICLE
Manchester
England
U S Considers Safeguards on Military Patrol Flights
Washington officials study new precautions for patrol flights near the Soviet Union to prevent accidental Soviet trespass. The note to Moscow acknowledges a U2 may have overflown Soviet territory last Thursday and outlines possible weather and radar safeguards, while affirming no halt to patrols.
MENTIONED IN THIS ARTICLE
U.S
Washington
United States
Soviet Union
Far East
Japan
State Department
Dwight D. Eisenhower
Kennedy
Francis Gary Powers
Industrial Plane Crash Near Lake Milton
William Weimer of Youngstown reported watching a plane crash near Lake Milton after hearing engine trouble. Debris hit power lines 50 to 60 feet high, causing a brief blackout over homes. The piece notes the worst industrial crash was January 10 1954 near Shreveport with 12 dead.
MENTIONED IN THIS ARTICLE
William Weimer
Youngstown
Lake Milton
Shreveport
Marion
Ohio
Ben Bella forces push for peace amid Algiers fighting
Ben Bella reports say 100 wounded in the conflict with regulars ordered to hold fire as fighting concentrates in Algiers Casbah. Guerrilla resistance is described as brief and ineffective, with public desire for peace after seven years of war aiding the army advance and the wilaya command failing to mobilize support against Ben Bella.
MENTIONED IN THIS ARTICLE
Algiers Casbah
Wilaya Command
Ben Bella
East and West Berlin checkpoint dispute eased at Sandkrug Bridge
After hours of suspense British guards escorted Soviet troops via Sandkrug Bridge in the British sector. ADN quoted Gen. Ivan YakovOBsky saying the plan was agreed with East Germany. Western powers protested MIG escorts of three commercial airliners. Hong Kong population stands at nearly 3.5 million in 398 square miles, expected to rise by about one million in ten years.
MENTIONED IN THIS ARTICLE
East Berlin
ADN
Ivan Yakubovsky
Germany
German Democratic Republic
Sandkrug
United States
Britain
France
West Germany
Hong Kong
Judge Rebuke Sparks Reply in Jury Duty Case
In Asheville North Carolina Judge George B Patton told Anne Cowan there would be no courts if all shared her beliefs that excused her from jury service Cowan was ultimately excused by the judge and left the courtroom with the matter resolved
MENTIONED IN THIS ARTICLE
Asheville, N.C
George B. Patton
Anne Cowan
Cowan
Separate Indian State Approved
The Indian Parliament’s upper house passed a bill to form a separate state for Naga tribesmen in Assam, after the lower house approved it last week. It awaits President Radhakrishnan’s signature to become law, making it India’s 16th and smallest state.
MENTIONED IN THIS ARTICLE
New Delhi
India
Assam
Sarvepalli Radhakrishnan
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AP Business News
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Allied
Celanese Corp
P&f
Ches & Ohio
Curtiss Wrt Ween
Dan Aio Mills Ee Eaee
Douglas Aire Ee
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Sfummtlilgl Vmi
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Edmond O’brien
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HFC
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South Main Street
Gregory
Peck
Melville-Talbot Productio
Anthony Franciosa
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If Spiral RQ
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Susan Hayward
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