Wall Street mixed as Dow holds near 750 amid profit taking
Stock market showed uneven gains with Dow Jones Industrial average around 748.49 at noon, led by DuPont and Eastman Kodak while General Electric and Ford Motor posted early strength. Trading slowed after a brisk morning as investors booked profits across several top issues. Domestic steel and energy shares largely held steady as rails pulled back slightly.
MENTIONED IN THIS ARTICLE
Dan Aiv Mills
Douglas Aire
Dow Chem
Foote
Ford Motor
Gen Foods
Gen
Gen Tel & Tel
Gerb
Goodrich B F
Goodyear T&a
Dow Jones
Greyhound
Gulf Oil Corp
Associated Press
Int Paper
Tel & Tel
Kayser Roth
At&t
Chrysler
Liggett & Myers
Lock Air
Motorolay
Natl Biscuit
Aft
Nat Dairy
Xerox
Natl Distillers
Polaroid
U.S
NY Central
Control Data
IBM
North West
No Am Avia
Penney JC
Pennsy RR
Phillips Petreee
Iradio Corp
Thehely
Sdplesdecgees
West Berlin
Adams Millis
Ee Caren
Senate
Freee
Sears Roebuck Esseee
Am Can Co
Am Enka
Aan Do Am Motors
Saned & Tel Sopra
Calif
Peeste
Atch T&sf
Te Atl Coast Line
Texaco Inc
Textron Inc
Atl Refining
Union Aveo CP
UN Carbide
Bendix Corp Fae
Union Pac
Beth Stlo.oo
United Airlines
Boeing Air
United Aire Pereseese
Borden Co
United Fruit
Burl Ind
Hleee
ERIN
Aee Et Ae Srw
Champion P&f
Western Mdevbeeeeee
Ches & Ohio
West Union
Ogra Westing EL
Coca-Cola
Wine Citie
Columbia G&e
Woolworth Golbevacce
Zenith Rad
Next Step Awaited By US
An AP analysis notes that after the test ban treaty cleared the Senate the United States expects Khrushchev to push toward a second step to reduce nuclear war risks. Pressures include tensions with Red China and Soviet grain shortages, plus lessons from the Cuban missile crisis guiding cautious steps and possible observer setups along the Iron Curtain.
MENTIONED IN THIS ARTICLE
John M. Hightower
Washington
Senate
Khrushchev
U. S
Soviet Union
Red China
Khrushcchev
Iron Curtain
Bomb blows again in Birmingham amid racial unrest
Another explosion rocked Birmingham as a two man presidential team arrived to aid racial unity. Police reported two blasts but found evidence of only one. No casualties or disorder were observed. The attack follows a wave of bombings and recalls the 16th Street Church tragedy.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
16Th Street Baptist Church
Kenneth Royall
Army
Earl Blaik
F. W. Lloyd
Low Rate Reflects North Carolina Credit Rating on Bond Sale
State Treasurer Edwin Gill calls the Tuesday sale of 22 million dollars in bonds a favorable reflection of North Carolina’s credit. The issue approved by the 1963 General Assembly funds learning and the John Umstead Hospital at Butner with five bids, the lowest bid praised in the light of today’s money market. The Council of State quickly approved the sale. Proceeds include 200000 for State Teachers College and 1,750,000 for Winston-Salem programs.
MENTIONED IN THIS ARTICLE
Raleigh
Edwin Gill
General Assembly
John Umstead Hospital
Butner
Gill
Council of State
State Teachers College
Winston
Soviets Ratify Test Ban Treaty and Profumo Affair Fallout
AP reports in London the Denning inquiry into the Profumo affair may unveil a 50 000 word government report amid late night public access. In Moscow the Presidium of the Supreme Soviet reportedly ratified the limited nuclear test ban treaty with decrees usually rubber-stamped until December sessions.
MENTIONED IN THIS ARTICLE
London
Lord Denning
John Profumo
Denning
Christine
Yevgeny Ivanov
Moscow
Supreme Soviet
Rani
U.S. Senate
Tass
Dow Jones Averages and Market Snapshot
The Dow Jones averages show mixed movement with the industrials around 7530 and declines in key sectors. Utilities and stocks edge lower while trading volume shifts notably between noon and prior sessions, indicating cautious investor sentiment.
MENTIONED IN THIS ARTICLE
Rallison
Federal Role in Farming Defended by NC Legislator
North Carolina Congressman Harold Cooley, chair of the House Agriculture Committee, argued that withdrawing government from farming would collapse the economy and noted more than 100 federal functions support agriculture. He spoke by tape to the National Association of State Departments of Agriculture in Raleigh. Dr. H Brooks James urged aggressive cooperation to advance agriculture and related business as leaders wrapped up meetings in Winston-Salem. Gov. Sanford was to address the group in Chapel Hill.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Harold Cooley
House Agriculture Committee
National Association of State Departments of Agriculture
Cooley
Washington
Kennedy
H. Brooks James
North Carolina State
Agriculture Departments
Agriculture
Winston-Salem
Gov. Sanford
Chapel
Guilford Co. Man Killed on I-40
Howard Odell Tilley a 23 year old Guilford County man died after a 4 a.m. collision on I-40 near Freeman Mill Road in Greensboro. He died on arrival at Moses Cone Hospital. Tilley of Stokesdale was driving a two tone truck that rear ended a tractor trailer driven by Robert Wayne Sweet of Mayville Kentucky. Sweet was uninjured.
MENTIONED IN THIS ARTICLE
Greensboro
N.C
Guilford County
Moses Cone Hospital
Freeman Mill Road
Howard Odell Tilley
Route 2
Stokesdale
Jessie Odell
Daisey Carter Tilley
Kathlene Tilley
Tilley
Robert Wayne Sweet
Rt. 4
Maysville
Sweet
Mills Pushes Tax Cut Plan Amid Spending Curbs Debate
Rep. Wilbur D. Mills urged a turning point in economic policy as he pressed lawmakers to support a spending curb amendment and retain the tax cut. He warned that heavy spending would fail to solve unemployment and idle capacity while Republicans warned of tight ceilings on the budget. The Treasury forecasts broad tax relief though several tax provisions would be tightened or eliminated.
MENTIONED IN THIS ARTICLE
Wilbur D. Mills
D-Ark
Ways and Means
Democratic House
Mills
Congress
House
Charles A. Halleck
Indiana
Howard H. Baker
House Appropriations Committee
Treasury
Niece of Princess Grace Found With Philadelphia Youth
Mary Lee Davis a 15 year old niece of Princess Grace of Monaco and John Paul Jones Jr a 20 year old encyclopedia salesman were found in Des Moines after eloping from Philadelphia four weeks earlier. They had been living in a small tastefully furnished apartment and planned marriage but were not yet wed. Police questioned them and released the couple to their families.
MENTIONED IN THIS ARTICLE
John Paul Jones, Jr
Philadelphia
Mary Lee Davis
Des Moines
Princess Grace of
Monaco
Miss Davis
John Paul Jones Jr
Mary Lee
Des Moines Tribune
Jones
Princess Grace
Prince Ranier
Grace Kelly
George L. Davis Jr
Eugene C. Conlan
Academy of Assumption
Chestnut Hill Academy
James I. Walden
Walden
Kennedy Seeks Parity in Rural Opportunity and Electrification
President Kennedy outlines steps toward true rural opportunity not overnight, urging renewed electrification push and expanded use of land water timber and wildlife resources. He praises REA yet warns farm power demand will surge with doubling rural population and farmers' future power use. He frames a conservation tour with political caution and calls for bipartisan aid.
MENTIONED IN THIS ARTICLE
Nedy
Kennedy
Rea
White House
Kennen
Buffalo River Currents Carve Towering Bluffs in Arkansas
The Buffalo River in Arkansas features serene pools alongside rapid currents that erode limestone banks, forming dramatic towering bluffs and rugged scenery.
MENTIONED IN THIS ARTICLE
Buffalo River
Arkansas
Ole Miss Ousts Negro Student
Cleve McDowell, a second term law student, was expelled from the University of Mississippi for carrying a gun. He faces a justice court trial on concealed weapon charges, with a maximum penalty of three months and a $100 fine. he is free on bond. Officers arrested him on campus Monday after a Student Judicial Council hearing recommended expulsion.
MENTIONED IN THIS ARTICLE
Oxford
Miss
University of Mississippi
Cleve McDowell
McDowell
Drew
Student Judicial Council
L.L. Love
Ole Miss
J.D. Williams
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