Weeklong Market Rally Pushes Stocks Higher
The stock market posted a third straight weekly advance despite steel sector weakness from potential cost pressures linked to a new labor pact. General Motors led gains with about 4 percent, while blue chips and defense related electronics boosted broader sentiment. The Dow rose to 918.95, AP index up 1.7 points, with volume at 26.13 million shares as seven straight gaining sessions closed Friday despite steel softness.
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New York
General Motors
New York Stock List Mixed Ticker Prices and Odds and Ends
A dense collage of stock listings shows mixed gains and losses across numerous tickers and sectors. Amid scattered prices, notable entries touch Abbott Labs AmEx and Gen Motors with varied daily moves, while the page also hints at market summaries and dividend notes from the period.
Connally to preside over Southern Governors Conference
Governor John Connally will fly to Sea Island Georgia to chair the 31st annual Southern Governors Conference. He will open the session on Monday and preside through Wednesday noon. Secretary of State Dean Rusk will speak at a state dinner Tuesday night.
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UPI
John Connally
Sea Island
Southern Governors Conference
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Dean Rusk
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J. Millard Tawes
Maryland
National Guard Organization
Georgia
Atlantic
Carl E Sanders
San Antonio
Paul Johnson
Mississippi
Border Cotton Dispute Deemed Unnecessary by Mexican Official
Mexico's agriculture secretary Juan Gil Preciado calls the Texas border cotton dispute unnecessary after Texas Agricultural Commissioner John C. White threatens to halt Mexican cotton shipments over alleged pink bollworm infection. Mexico says its seedings and spraying match Texas, no large infestation, treaty terms followed. border will not close.
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Mexico City
UPI
Juan Gil Preciado
Texas
John C. White
U.S
Mexico
U.S. Agriculture Department
Gil Predado
France Loans Historic Documents for Peace Conference Display
Two Monday morning 2500 delegates from 110 countries will view loaned French and Magna Carta documents at the National Archives. The display includes The Declaration of the Rights of Man and of the Citizen and the handwritten constitution pledge of King Louis XVI, with speeches by Chief Justice Warren and Lord Denning.
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Texas Votes In Congress Listed
UPI reports the Texas delegation's roll call actions in the past week. Key items include procedural moves on the military construction authorization bill and a veterans disability compensation increase, plus a foreign aid appropriation, a law enforcement funding resolution, and a farm bill amendment while Senate action on a civil service living wage measure failed.
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