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Newspaper
Las Vegas Sun
Location
Las Vegas, Nevada, United States of America
Date
May 04, 1962
Page
11
Dow Jones closing ranges show gains in industrials and rails while utilities slip. The 30 industrials index rises to 675.49 and rails advance, with the Dow-Jones commodity futures index at 147.70.
Blue chips and defense issues drove a sizeable uptick in a slow trading session on Wall Street. Analysts credited dwindling selling pressure over six weeks and noted institutions buying high quality stocks at perceived bargain prices amid improving market sentiment.
Readable portion lists numerous companies with closing percentages, including Am Motors 16, Ampex Co 16, Boeing Air 474, Ford Mot 96, General Motors 55, Texaco inc 54, Westg Air 27, Johns Man S2ia 57, Sears Roeb 682, Penna RR 15, Pan Ama 21, Pepsi Cola 47, Phillips Pet 55, Saint Regis Pa 34vo, Westg Elec 33, Kenne Cop 764, Zenith Rad 65% and others.
Walter Benecke, head of Orthopedic Appliances at 16 Carson Ave, was elected to membership in the American Orthotics and Prosthetics Association. The national group, founded in 1917, represents artificial limbs and braces makers and publishes Orthopedic and Prosthetic Appliance Journal.
Federal Judge Michael L. Igoe issued a temporary restraining order that sent 150 members of the Brotherhood of Locomotive Engineers back to work for the Belt Railway Company of Chicago. The stoppage halted switching operations to 3,500 freight cars, following a 10 p.m. walkout over 31 contract changes after three years of talks.
The USAF Thunderbirds announced two new demonstration pilots Captain Ronald E Catton of Waukegan Illinois and Captain Paul A Kauttu of Portland Oregon Catton fills the vacancy left by Captain Jerry Larson with departure in September Kauttu to replace slot man Captain Robert Bell leaving in the fall
Newly organized Cub Scout Pack 95 held its first pack meeting at Rose Warren School. The group is formed from two active dens and is directed by Cubmaster Harvey Robinson, sponsored by Rose Warren P-TA. Charter to be received May 10. Cubs Barcelon and Hart earned Wolf badges and Arrow awards to Barcelon Hart and Larry Long. Tom Smith received a one year pin. Induction of new boys and parents planned for later this month.
London reports 87 year old Dr Hewlett Johnson known as the Red Dean of Canterbury is progressing well after breaking his collar bone in a fall. Hospital attendants said he is mending and improving daily.
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