Stocks End Mixed After Upward Start On NYSE
On the New York Stock Exchange stocks rose briefly in early trading before slipping to near the 1962 close. By day’s end 704 issues fell, 249 advanced, 228 unchanged, with the 10 most active stocks all closing lower. Major movers included US Steel down to 45.25, Polaroid at 96, GM 47.63, Xerox 101, AT&T 103, IBM 328, and Litton 84.63.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
US Steel
Polaroid
General Motors
Xerox
Pennsylvania Railroad
American Telephone and Telegraph
IBM
Sperry Rand
Minnesota Mining & Minerals
Litton
Consolidation of Luke and Nellis AFB Fighter Training
The Air Force announced realignment of F-100 and F-86 training between Luke AFB Arizona and Nellis AFB Nevada. F-100 training will consolidate at Luke while F-86 moves to Nellis. Changes target September and October this year with manpower shifts and civilian job protections.
MENTIONED IN THIS ARTICLE
Luke Air Force Base
Ariz
Nellis Afb
United States Air Force
Tactical Air Command
Luke
Nellis Air Force Bases
TAC
Overseas
Tactical Air Forces
Air National
Luke Afb
Nellis
Groundbreaking set for 100 homes in Sierra Vista area
Republic Management officials announce a 2 pm ground breaking tomorrow for 100 new ranch style homes in the Sierra Vista addition of Pittman. Blanchard Construction Co. will build the Economy Homes, Inc. tract, a Republic Management subsidiary of Las Vegas, as part of Clark County development plans.
MENTIONED IN THIS ARTICLE
Sierra Vista
Pittman
Republic Management
Blanchard Construction Co
The
Economy Homes, Inc
Republic Management Corporation of
Las Vegas
Stockpile Juggling Told During Eisenhower Admin
A deputy director testified that Eisenhower era stockpile targets were altered to boost zinc prices. Lawrence said a four year 1173 million zinc program served as price support, begun in 1954 under directives from the President. Symington called Fiimming’s actions a stockpile law violation and investigators sought who loaded the stockpile with zinc and lead. combined value now 544 million.
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Washington
UPI
Office of Emergency Planning
OEP
Dwight D. Eisenhower
William N. Lawrence
Senate
Lawrence
Defense
Arthur
Fiemming
Stuart Symington
Armed Services Investigating
Symington
Missouri Democrat
Water Board approves new distribution projects in Las Vegas
Las Vegas Valley Water District directors authorize bids for a 16 inch Fremont Street main from Decatur to Jones and plan specifications to triple capacity at the Charleston Heights pumping station. The expansion, funded by bond issue plans, addresses rapid growth and distribution concerns in West and Northwest Las Vegas.
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Las Vegas
Harvey Luce
Well Field
Decatur
Western High School
Jones Boulevard
Renshaw
Charleston Heights
Twin Lakes
Commie Cops Nab Nine In Escape Effort
East German police arrested at least nine men trying to drive a stolen truck through barbed wire into West Berlin. ADN said the escape was pre arranged with West Berlin authorities. West Berlin authorities fortified the border as Tass denounced US troop shifts.
MENTIONED IN THIS ARTICLE
Kennedy
Germany
Ulbright
West Berlin
Tass
West Germany
Philippine Vice President Penaez Arrives in Tokyo En Route to U S
Philippine vice president Emmanuel Pelaez arrives in Tokyo before a possible peace mission amid US Philippines diplomatic tensions. A senior official says prospects of a visit to Washington during a week long trip are favorable.
MENTIONED IN THIS ARTICLE
Tokyo
Kennedy urged U. S. firms to list shares abroad to stem gold drain
Atlanta audience heard Henry H. Fowler propose listing U.S. stocks on foreign exchanges to draw in global investment and reduce dollar outflow. He urged foreign financing in foreign currencies and warned restraint on wage and price rises while NATO sales aid deficits. Hodges praised growth but said profits fuel investment and productivity.
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Atlanta
UPT
U.S
Fowler
United States
NATO
West Germany
Commerce
Luther H. Hodges
Kennedy
Hodges
Washington
Military paper warns Koreans interrupting U S communications
Pacific Stars and Stripes quoted U S 8th Army officials in Korea noting about 1,800,000 feet of wire stolen this year from frontline units. The losses hinder defense communications and threaten combat readiness, with costs exceeding 31 500 dollars and accusations of sabotage by Koreans. Two U S Army officers recently pleaded guilty to beating a Korean thief.
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Tokyo
UPI
Pacific Stars and Stripes
Korea
U. S. 8Th Army
North Korea
U. S
Cently
Republic of Korea
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Avco Corp
Olin
Bendix
G&fi
Beth Steel
Pac Light
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Pan Ama
Borden Co
Param Piet
Parke Day Bora Warn
Burroughs
Penney JC Campeb Soup
Penna RR
Case
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Cater Trac
Pret Cp
Celanese Co
Philip Mor
Chrys Corp
Phillips Pet
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Sve Proct & G
Coly Palm
Radio Corp
Col Ord
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Swift & Co
Elec Tenn Gas
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