Market volatility shakes early trading session
A garbled wire of market action shows stocks opening with mixed results. Reports mention gains and losses across sectors as investors weigh corporate profits and tech shares amid cautious sentiment.
20 Jun 1960
Page 1
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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Jun 20, 1960
Page
1
A garbled wire of market action shows stocks opening with mixed results. Reports mention gains and losses across sectors as investors weigh corporate profits and tech shares amid cautious sentiment.
On June 10, 17, several divorce actions including Davis Quillin versus Weaver Quillin and Long Codley versus Gay Canley were filed. The docket lists many names associated with marriage licenses and notices, including James A Card, Pattros, Miss Jimmie Ardell May, and numerous residents of Hope Prescott and surrounding areas.
A Little Rock hospital reported the death of former Ex' Circuit Judge Walter Hendricks. Details are incomplete due to the damaged source text. Judge Hendricks had previously served on the Ex' Circuit bench and passed away after an illness.
The Dow Jones Industrial Average slipped about 3.84 points by noon while the Associated Press average dropped to around 222.40. Industrials fell 2.00, rails off 0.20, and utilities rose about 10. Corporate bonds rose, and U.S. government bonds edged higher in light trading.
Heleny Worden Erskine, famed Dorothy Dix writer and human relations counsellor, writes daily for The Star under the byline Helen Worden. Known as widow of E. W. Erskine and step by step career in journalism, she succeeds Miviel Nissen as head of Dorothy Dix material. Local readers recall her rise from Arkansas to national prominence. Survivors include two daughters, Mrs. Thad Niechot and Mrs. Robert.
The Prescott B P W Club met on a lawn at Mrs J W Gist home for an annual picnic with Faye Loomis giving the invocation. Officers to be installed include Ruth Buchanan president and Thelma River first vice president. Junior Music Club hosted swimming and a picnic at the Community Recreation Center with various hostesses assisting. Rotarian Freeman Ligo gave the invocation and Ben J Harting joined as a regular member. The gathering featured reports on the State Convention in Little Rock and plans for the Nevada County Queen Contest.
An Arkansas Agricultural Extension Service report notes boll weevil numbers are low but higher than last year. Entomologist Grover Darwell warns the situation could worsen if weevil breeding conditions improve. Growers seek warm, humid weather and continued weevil predator activity.
The second week of the Yard of the Week contest drew interest as judges evaluated Ward 1 through Ward 4 yards for color and overall appeal. Entrants include residents from multiple neighborhoods, with judging by Ward representatives and notable community figures.
Mrs Jim Howell and her son returned to Little Rock Monday after a visit with Mrs Apte Mary and Mrs Thorne Hesturly. The fragmentary report notes their travel following the visit but lacks full details or context.
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