Stock Market Slips as Aluminum Cuts Pressure Steel Sector
New York stocks traded lower at noon with the AP 60 average down 0.90 to 250.30 as industrials, rails, and utilities fell. Ford declined about three points with auto union pressure. aluminum price cuts spread losses to steel makers and other industries while GM edged up briefly before slipping. Dow Jones at noon fell 3.84 to 697.73 amid uneven trading on the exchange.
MENTIONED IN THIS ARTICLE
Associated Press
Ford
Auto Union
Presiden Kennedy
Steek
General Motors
Chrysler
American Motors
Studebaker-Packard
Alcoa
Reynolds Metals
Aluminium Ltd
Reynolds
Metals
Aluminium
U.S. Steel
Bethlehem
American Stock Exchange
U.S
Kenyatta vows nonviolence after Mau Mau past
Jomo Kenyatta declares he will not use violence and urges unity at a Nyeri rally. He says true freedom comes without violence and promises not to steal land from Europeans. The rally drew about 120000 followers.
MENTIONED IN THIS ARTICLE
Kenyatta
Nairobi
Kenya
Jomo Kenyatta
Nyeri
One Survivor Found In Wreck In Turkish Airliner Crash
In the Ankara area mountains a twin engine Turkish airliner crashed killing 28. One survivor, Salin Kalafatoglu, a Turkish banking official, was rescued in serious condition. Among the dead is Bernard Havens of Rye New York a civil engineer with Socony Mobil Oil Company.
MENTIONED IN THIS ARTICLE
Ankara
Turkey
Salin Kalafatoglu
Bernard Havens
Rye
N.Y
Socony Mobil Oil Co
Kennedy urges peaceful path in Berlin crisis at UN
In a speech addressing 99 nations at the United Nations Kennedy argues against threatening or provoking war. He envisions a staged disarmament under UN supervision and a world where self determination expands while preserving European security and Allied access to West Berlin. He warns a free city that destroys freedom would be an infamy.
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West Berlin
Germany
Kennedy
United Nations
Berlin
U.N
United States
U.S
Dow Jones Averages and Market Figures
The report lists Dow Jones Averages with Industrials Rails Utilities and Stocks. It shows Prev a.m. noon and close values, plus volume figures across multiple lines for the day.
North Carolina Motor Carriers Open 32nd Convention
The 32nd annual convention of the North Carolina Motor Carriers Association opened in Pinehurst with a breakfast honoring past presidents and a business meeting. James F. Boone of Charlotte, association president, will preside as the gathering, featuring keynote speaker William A. Bresnaham of the American Trucking Associations. The event runs through Wednesday.
MENTIONED IN THIS ARTICLE
Pinehurst
N.C
North Carolina Motor Carriers
William A. Bresnaham
American Trucking Associations of
Washington, D.C
James F. Boone
Charlotte
Wreck Report Is Clarified In North Main Collision
Ronald J. McGuire age 17 of Prospect Street did not enter from a driveway as earlier stated. he was traveling north on N Main Street when his car collided with a vehicle driven by 63 year old Dewey Charles Birchfield of Steele Street. Birchfield was charged with operating a car while intoxicated. McGuire's car was total loss and Birchfield's damage was about $100.
MENTIONED IN THIS ARTICLE
Ronald J. McGuire
Prospect Street
N. Main Street
Dewey Charles Birchfield
Steele Street
Birchfield
McGuire
Rooftop Aerial Persuasion Sparks Clash Over Censorship
A radical group in a Junge Welt report claims it visited 42 West-viewing families and attempted to remove or replace rooftop antennas to reflect political thoughts. Thirty-two refused to be persuaded, while the group vowed to continue until all understand their aerials mirror their minds.
MENTIONED IN THIS ARTICLE
Junge Welt
Kennedy Aide Says President Ready to Use Nuclear Weapons
Atty. Gen. Robert F. Kennedy declares on Meet the Press that President Kennedy is prepared to use nuclear arms to defend Berlin and keep the city free. He notes the risk to humanity but says the decision would be necessary if Soviet pressure forces surrender or loss of access to Berlin.
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Washington
Robert F. Kennedy
Kennedy
Berlin
NBC
Meet the Press
Khrushchev
Robert Kennedy
Senate
Sen
Margaret Chase Smith
Maine
S A M Chapter Tour Of Hatteras Yacht Plant
Greensboro Area chapter of the Society for the Advancement of Management will tour the Hatteras Yacht Company in Greensboro as part of its 1961 62 program Willis Slane Jr president of Hatteras Yacht will welcome the group on a tour of the new plant The company builds the largest all fiber glass production built motor yachts priced 22000 to 45000 fully equipped and about seven or eight yachts are produced monthly.
MENTIONED IN THIS ARTICLE
Greensboro Area
The
Society For the Advancement of Management
Hatteras Yacht Company
Willis Slane Jr
Hatteras Yacht
Air Force Wife Faces New Trial in Greece
Joann Baker wife of Sgt Joel Baker faces a retrial after acquittal on charges of strangling her three children in May. Greek law allows multiple trials for offenses. The 28 year old from Stockdale Texas was freed citing a mental upset. A retrial will be held in another court with no date set. possible life sentence if convicted.
MENTIONED IN THIS ARTICLE
Athens
Greece
Joann Baker
Baker
Establishment Of National Forests Commemoration Set
Asheville hosts a federal program marking the 50th anniversary of the Weeks Law enabling purchase of private land as national forests. Secretary Freeman Gov. Sanford and officials will attend at the Biltmore Estate, with the first Weeks Law tract near Marion to be dedicated.
MENTIONED IN THIS ARTICLE
Asheville
North Carolina
McDowell County
Biltmore Estate
Secretary of Agriculture
Orville L. Freeman
Terry Sanford
Richard McArdle
U.S. Forrest Service
Wait Gilmore
U.S. Travel Service
James K. Vessey
Atlanta
United States
C. D. Smith
Franklin
Southern
Appalachians
Chase P. Ambler
Joseph A. Holmes
Peter C. Pritchard
Congress
Gifford Pinchot
U.S. Forest Service
Carl A. Schenck
Marion
Thomasville Man H C Culbreth Dies At 72
H C Culbreth 72 of 303 Walker St Thomasville died en route to City Memorial Hospital at 9 15 am after years of declining health. Born August 18 1889 in Alabama he was a son of Daniel Carson and Jenny Kennedy Culbreth. He married Erma Mae Westmoreland October 20 1917 and survives with a daughter Louise Crabtree of High Point seven sons D C H C Jr Paul Culbreth Joe Culbreth Vernon Culbreth Richard Culbreth and Bill Culbreth, twelve grandchildren and one step grandchild. He was a member of First Methodist Church and last worked for Streetman Novelty Co. of Lexington before retiring. The body remains at J C Green and Sons Funeral Home for arrangements.
MENTIONED IN THIS ARTICLE
Thomasville — H
Clarence Culbreth
Walker St
City Memorial Hospital
Alabama
Daniel Carson
Jenny Kennedy Culbreth
First Methodist Church
Thomasville
Streetman Novelty Co
Lexington
Greenville
S. C
J. C Green and Sons Funeral Home
Town Officials Stop Five Cent Water Service Near Pool
Mothers complained to town officials that a concessionaire near the municipal wading pool charged children five cents per glass for drinking water. Officials quickly installed a fountain that supplied drinkable water free of charge.
MENTIONED IN THIS ARTICLE
Tonawanda
N.Y
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