Reactions to Stock Market Dip
New York AP reports Edwin Posner chairman of the American Exchange faced the Monday market drop with steady humor saying such times test men’s souls. Eldon Grimm of Walston and Co. described forced selling via loan calls as a chain reaction pushing prices lower.
MENTIONED IN THIS ARTICLE
New York
Frehinge
Edwin Posner
Posner
The
American Exchange
Edwin Ftherington
Etharington
Vle
Ike Posner
Eldon Grimm
Walston and Co
Connecticut
U S Nears Open Break With Nosava
Washington reports the United States nears an open break with Gen Phoumi Nosavan, Laos strongman, after his goodwill trip to the Philippines during a critical Laotian juncture. Officials say the move jeopardizes coalition talks among Lao factions led by Phoumi, Rouns Ovum, Souphanouvong, and Souanna Vanna.
MENTIONED IN THIS ARTICLE
Washington
United States
Inday
Phoumi Nosavan
Tang
Philipnines
Phoumi
Fphovumi
Roun Ovum
Sou
Yanna Fhouma
Souphanauvong
Pathet Yao
Weather forecast summary for Arkansas and Louisiana regions
A charred forecast shows high temperatures in the 70s to 90s across Arkansas with lingering showers and scattered thunderstorms in many areas. Southwest and Northeast Arkansas expect clouds and showers today and tonight, with cooler highs around 80s midweek. Southeast and Northeast regions show locally heavy showers, thundershowers, and partial clearing by midweek. Louisiana remains partly cloudy through Wednesday with scattered storms, little temperature change, and nights in the 60s to 70s.
MENTIONED IN THIS ARTICLE
Arkansas
Louisiana
Market Opens Lower Amid Turmoil in Stocks and Margin Calls
New York stocks started down in active trading as declines clustered around fractions. Chrysler fell 2.25 to 41, Raytheon down 15.22 to 25, Montgomery Ward off 1.50 to 2. The AP average slid 13.40 to 211.20, the Dow by 34.95 to 576.93, with volume at 935 million shares. Trading reflected fear of a bottom after Monday’s steep losses. Kennedy plans birthday visit to Glen Ora estate. he and family to celebrate with Sargent Shriver and Eunice Kennedy. President to stay at Glen Ora through Memorial Day.
MENTIONED IN THIS ARTICLE
New York
Chrysler
Raytheon
Montgomery Ward
Sted
New York Stock Exchange
Associated Press
Dow Jones
du Pont
American Telephone
Standard Oil Co
New Jersey
American ‘Telephone
Kennedy
White House
Glenora
Hig Huut
Jean
Stephen Smith
Glen Ora
President at A5. Receives $4 Million
President Kennedy marked his 46th birthday with a quiet Virginia gathering. Estimates suggest his trust funds, set up by Joseph Kennedy, could be worth several million dollars, with annual after tax income around $100,000 and total potential value near $10 million based on distributions at ages 40 and 45.
MENTIONED IN THIS ARTICLE
Whitney Shoemaker
Washington
Kennedy
Virginia
Joseph P. Kennedy
Kennedy Brothers
White House
Pierre Salinger
Salinger
Market Watch Dow Dips Through Kennedy Bull Market Level
At noon the Dow Jones Industrial Average fell by 12.69 points to Hed 24. The slide pushed the Dow Industrials below the support level that signified the start of the Kennedy bull market in October 1960. By noon Monday the Dow Industrials were down 9.66 points.
MENTIONED IN THIS ARTICLE
Dow Jones
Dow
Rider Wants to Return to Arkansas from Hyannis
A report from Hyannis, Massachusetts notes several of 41 riders sent by segregationsists to Cape Cod seek returns or new work. Jerome Smallwood, 48, aims for a kitchen job in the Catskills with a New York relative help. William Ricks, 26, wants to go back to Little Rock, Arkansas. Other arrivals include Eugene Douglas, 30, of Little Rock and Eugene Harris, 21, also from Little Rock. Officials warn housing is scarce and summer jobs are brief.
MENTIONED IN THIS ARTICLE
Nyannis
Mass
Catskill Mountains
New York State
Little Rock
Ark
Jerome Smallwood
Monnday
New York
Catskills
Smallwood
William Ricks
Capital’ Citizens Council
Arkansas
Chicago
Hyannis
Cape Cod
Eugene Douglas
Capital Citizens Council
Eugene Harris
Harris
California
Massachusetts
Amis Guthridge
Citizens Council
Stockton
Calif
Guthridge
Gilbert Caldwell
Pembroke
Voters in 3 States Go to the Polls Today
Voters in Alabama Kentucky and Florida cast primary ballots with Alabama shaping the main race where nine incumbents seek eight House seats and a gubernatorial primary split, while Kentucky races hinge on the 1st and 4th districts and Florida faces runoff contests from May. The piece notes population shifts, redistricting disputes, and political figures including George C Wallace Ryan deGraffenried Frank Stubblefield Noble Gregory and Frank Chelf among others.
MENTIONED IN THIS ARTICLE
Alabama
Kentucky
Florida
House
George C. Wallace
Jed
Ryan deGraffenried
Wallace
de Graffenried
James Folsom
Frank Stubblefield
Noble Gregory
Frank Chelf
Bailey Root
Newport
Cheif
Brett Spence
Kay
Chelf
Thruston Morton
Wilson Wyatt
Harry S. Truman
Surplus Army Barracks Sale Linked to Fraud Probe
Former Blytheville city officials described a 1956 plan to sell surplus barracks from Blytheville Air Force Base. Billy Estes of Pecos and others, including Robert Clement in Nashville and Russell Brothers, faced fraud indictments or investigations. A $19,000 bid was discussed, with Dutton naming potential buyers, and the group met in Memphis to finalize arrangements.
MENTIONED IN THIS ARTICLE
Newport
Ark
Judson Hot
Billy
Estes
Pecos
Tex
Blytheville Air Force Base
Hout
Robert Clement
Nashville, Tenn
Russell Brothers
Texas
Clement
Tennessee
Frank Clement
H.L. Harvey
Fort Worth
Dutton
Lakeland
Fla
Memphis
Houtt
Hope Star item on Clement and estate schemes in Arkansas
The Hope Star reports details of Clement instructing a draft for 37,500 to Estes and Russell Brothers at Nashville and claims they remodeled barracks into houses then sold them in Arkansas and other states. Hout recalls 250 to 300 houses, Dutton illness forced sale. Clement also traded his share in houses for part interest in four cotton warehouses at Sudan Texas.
MENTIONED IN THIS ARTICLE
Blytheville
Clement
Estes
Russell Brothers
Third National Bank
Nashville
Tenn
Hout
Arkansas
Dutton
Robert Clement
Y Estes
Sudan
Tex
Also Mentioned on This Page
Darden Chambliss
AP Business News
U.S
Nosava
Kodak Oi Tos Cameras
KODAK
Ward & Son Drug Co
Rowrteay A
Ather
Jack Lefler
Albany
Albuquerque
Atlanta
Boise
Boston
Buffalo
Cleveland
Denver
Des Moines
Detroit
Ipairbanks
Honolulu
Indianapolis
Juneau
Kansas City
Los Angeles
Louisville
Miami
Milwaukee
St. Paul
New Orleans
Oklahoma City
Omaha
Philadelphia
Phoenix
Pittsburgh
Portland
Ore
Rapid City
Richmond
St. Louis
Salt Lake City
San Diego
San Francisco
Seattle
Tampa
Rider
Erage Firm, Bacher & Co
Terminixe
Seaeasios
Hope Builders
Russell
Hazel Gourley
Brenda Faulkner
MMET
Brenda Carol Faulkner
Mary Faulkner
Emmet Rt
PTA
Hazel Margaret Gourley
Atl
Gourley
Prescott
Prescott Presbyterian Men’s Bible Class
Ricks
Douglas
Greater
Hope Star
Star of Hope
Star Publishing Co
G. E Palmer
Alex
Washburn
Sozy-Treas
Star Building
South Walnut Streep Hope
Arkansa
Alex. HW. Washburn
Paul H. Sones
Menonitia
George W. Hosmer
Danol Parker
Advertising
Mar
C.M
Hempstead
Nevada
Lafayette
Howard
Miller Counties
Arkansas Dallies, Inc
Ster Ick
Texas Bank
Dallas
Michigan Ave
42Nd St
N.Y
Penapscot
Mich
Akla
Chevrolet
SS Se
Fairlane
Aca
Utail
Hope Auto Co. Inc
Hope, Ark
F.oaf
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