Stock Market Dips As Industrials Fall On Wage News
The Dow Jones average slipped .90 to 255.50 in moderate trading with industrials down 1.40 and steels weak after President Kennedy asked steel firms to absorb a wage increase without raising prices. Major movers included Litton Industries up over 2 and Xerox down over 3.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Kennedy
Motors
Republic Steel
Jones & Laughlin
Steel
Bethlehem
General Motors
Ford
Chrysler
American Motors
Litton Industries
Raytheon
Xerox
du Pont
Eastman Kodak
IBM
American Stock Exchange
U.S
TV Filming Sparks Call For Border Incident Probe
A Washington Evening Star report says the White House approved an investigation into a border episode at Friedrichstrasse crossing in Berlin. Sen. Saltonstall warns armed troops at scenes could cause shooting, as TV crews and military units gather near the crossing with about 50 enlisted men involved.
MENTIONED IN THIS ARTICLE
Washington Evening Star
White House
Sylvester
Leverett Saltonstall
R-Mass
Gambling scandal tied to Wagman conviction and college game fixing
Senate testimony by Mellon describes gambler Aaron Wagman’s conviction for trying to bribe Florida State University fullback John MacBeth to fumble and misplay key plays. MacBeth helped expose the plot to his coach. Wagman’s five year sentence was upheld on appeal. A Montreal gambler was said to be involved.
MENTIONED IN THIS ARTICLE
Canada
United States
Senate
Mellon
Aaron Wagman
John MacBeth
Florida State University
MacBeth
Wagman
Montreal
Neves Favored for Brazil Prime Minister as Goulart Eyes Power
Conservative Tancredo Neves, 51, cleared by the Social Democrats for prime minister with a 200 vote bloc backing in Congress, as President Goulart navigates a parliamentary shift and possible cabinet changes amid Brazil’s ongoing political crisis.
MENTIONED IN THIS ARTICLE
Brasilia
Brazil
Tancredo Neves
Social Democrats
Congress
National Democratic Union
Joao Goulart
Janio Quadros
Quadros
Goulart
Neves
United States
Washington
National Unity
Nehru and Khrushchev Call for Talks and Disarmament
Nehru urged that only talks can solve global dangers and warned a wrong step could erase humanity's future. He called for a halt to nuclear tests and argued removal of war danger through talks with the two powers. Khrushchev then spoke after Nehru for a brief 16 minutes.
MENTIONED IN THIS ARTICLE
Nehru
Khrushchev
Berlin air corridors shift in Soviet aim
U S officials see Soviet moves as calibrating a future Berlin bargaining position. They warn Moscow may demand civilian air lane control by East German authorities or threaten interference with air corridor operations as part of broader leverage.
MENTIONED IN THIS ARTICLE
U.S
West Berlin
Berlin
Boy Rescued After Boat Sighting Near Coast Guard Craft
A boy adrift for about 45 minutes was spotted by a helicopter offshore and crewed to safety by Coast Guard and crash boat teams. He later described an unsettling, brief ride before being returned to his grandparents in Southern Pines, North Carolina.
MENTIONED IN THIS ARTICLE
Christine
Coast Guard
Steven
Naval Base
8. O. Nicholson
Southern Pines
N.C
Carla Threatens Gulf Shores As Betsy Debbie Linger
Hurricanes Betsy and Debbie stay distant from the U S mainland while Hurricane Carla bears down on offshore Gulf oil operations and coastal cities. Forecasters expect Carla to move northwest to north-northwest for the next 12 to 18 hours with winds near 74 mph and extended gusts, with gale forces reaching far into the Atlantic.
MENTIONED IN THIS ARTICLE
Betsy
Atlantic
Cape Cod
Mass
Debbie
Cape Verde Islands
U.S
Carla
Gulf of Mexico
Realty Transfers Reported Across Several Local Properties
Milton Harmon and wife transfer a lot of the R L Phillips property to Jack R Ridge and wife. Wilbern A Wilson and wife transfer a lot of J C Cummins property to F C Haighcock and wife. Walter W Epperson and wife transfer a lot of J W Clinard property to J L Tedder and others. A R Tucker transfers a lot of Farlow and Jarrell Development to N E Tucker and wife. Thomas A McFather and wife transfer a lot of the R J Bell property to Dallas Furniture Store Inc. Nancy Griffin Roger transfers a tract on U S Highway 311 to Ernest Koury and others in High Point and Jamestown townships. Jack Griffin Armstrong transfers a tract on U S Highway 311 to Ernest Koury and others in High Point and Jamestown townships. James E Kearns and wife transfer a lot of Oakview Estate to Robert K Wilson and wife. Thomas Howle and wife transfer two lots in Washington Terrace to E C Cridlebaugh Jr. Leona Muse Kilburn and husband transfer a lot of T L Jones 4 to Rudolph T Upton and Jimmy R Shaw and wife to Oakview Estate.
MENTIONED IN THIS ARTICLE
Milton Harmon
Jack R. Ridge
R. L. Phillips
Wilbern A. Wilson
F. C. Haighcock
J. C. Cummins
Walter W. Epperson
J. L. Tedder
J. W. Clinard
A. R. Tucker
N. E. Tucker
Farlow and Jarrell
Thomas A. McFather
Dallas Furniture Store Inc
R. J. Bell
Nancy Griffin Roger
Ernest Koury
U. S. Highway 311
High Point
Jamestown
Jack Griffin Armstrong
James E. Kearns
Robert K. Wilson
Oakview
Thomas Howle
E. C. Cridlebaugh Jr
Washington Terrace
Leona Muse Kilburn
Joel W. Barnes
T. L. Jones
Rudolph T. Upton
Jimmy R. Shaw
Oakview Estate
Titan Missiles Move Toward Ready Firing Status
The Air Force missed a summer target for Titan ICBM deployment but expects the first nine Titans in firing position at Lowry Air Force Base Colorado within months. A second Titan test from Cape Canaveral succeeded reaching a target 5,000 miles away.
MENTIONED IN THIS ARTICLE
Fred S. Hoffman
Washington
Air Force
Lowry Air Force Base
Colorado
Cape Canaveral
Fla
Atlantic
Denver
Lowry
United States
Soviet Union
Wyoming
GM UAW Contract Readied By Dwight Pitkin
GM and the United Auto Workers moved toward wrapping a three year national contract over the weekend. The package would raise GM hourly wages by about 12.04 cents a hour and follows a wave of unauthorized strikes that idled thousands at six plants. Reuther sent troubleshooters to Mansfield Ohio Marion Indiana and Pittsburgh to restore production as talks continued on non economic issues. The deal mirrors AMC terms but lacks a profit sharing feature.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
United Auto Workers
UAW
Walter P. Reuther
Fisher Body
Mansfield
Ohio
Marion
Ind
Pittsburgh
Reuther
Agree
American Motors Corp
AMC
Also Mentioned on This Page
Business and Financiala
High Point Enterprise
Dow Jones
Bache & Co
A.m
Indus
Ches & Ohio
Coca-Cola
Columbia G&e
Greyhound Senate
Gulf Oil Corp Ee Eee
Nickel Can Eee
Tel & Tel Eee
Kayser-Roth
Liggett & Myers
Lockh Air Tote Weeee
Lorillard P
McLean Trk Wee
Penney J.C. Eernee
Pennsy RR
Prey
Radio Corpeenee
Stietree
Allied Choboeveveneer
Reynolds Tob
Sears Roebuck Eae
Balt & O
Trextron Inc
Bendix Corp
Union Bag
Beth
United Aircr
United Fruit See
Burl Ind
Burroughs Corp
Va-Caro Chemseeee
Cannon Mills
el & Pow Wene
Caro P&l
P&p
Western Union Saree
Edward T. Butler
Boy
High Point Township
Hotpoint
W.t
Regisler
Jack
N. Main ST
Titan
South Dakota
California
Washington State
Idaho
Gm-Uaw
By Dwight Pitkin
HUTA
Duke Power
Duke, Power Company A Aa
S. Main St
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