Wall Street Panics After JFK Assassination Third Anniversary
The piece recalls the 1963 market turmoil on the JFK assassination anniversary. Investors dumped stocks driving large losses as the New York Stock Exchange closed early and other exchanges followed. The Fed and SEC acted to reassure markets while economists urged calm and optimism for a postassassination “honeymoon” mood.
MENTIONED IN THIS ARTICLE
New York
John F. Ken
U.S
Wall Street
New York Stock Exchange
American Telephone & Telegraph
American Exchange
Montreal
Toronto
Midwest
Pacific Coast
Securities & Exchange Commission
New York Federal Reserve Bank
Auto workers to receive 62 percent pay during layoffs
Under 1964 contracts, laid off auto workers can collect at least 62 percent of wages for 26 weeks via SUB funds, plus up to $50 weekly for another six months and $1.50 per dependent up to four weekly. Officials cite SUB totals over $332 million backing safeguards amid production cuts at GM and the industry.
MENTIONED IN THIS ARTICLE
Ers
United Auto Workers Union
UAW
General Motors
Ward's Automotive Reports
Bureau of Labor Statistics
Michigan
Two West Point Widows Buried After Viet Nam Losses
At West Point Army graves, Mrs. Bernard Kistler laid to rest her second husband, an Army lieutenant killed in Viet Nam. Her earlier husband, also a lieutenant and West Point graduate, is buried there. She gave birth to a son just before the latest death, as family members and a longtime friend supported her through the service.
MENTIONED IN THIS ARTICLE
West Point
N.Y
Bernard Kistler
Viet Nam
U.S. Military Academy
William T. Reach
Olga Bastone
Yonkers
Kistler
Andrew E. Kistler
Franklin
Andrew A
Paul
Joseph
Chris Farlekas
Andrew
Korea
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Brenda Youngs
Clovis, Calif
Cow Palace
San Francisco
Coventry
Theodore J. Conway
U.S. Army
Strike Command
Marion
Bowman
St. Leo College
Dade City
Fla
Hassock
Berney Arms
England
Norfolk
Yare
Woodrow Wilson Sayre
President Wilson
Vinson Massif
Antarctica
Paris
Saigon
JFK
John Cunniff
Reserve
Federal Reserve Bank
the Squires
Middletown
Celuse
Charlton Heston and
Laurence Olivier
Khartoum
Burt Lancaster
Lee
Marvin
Jack Palance
Dixie Cruise
Ldee
Negtecy
Rankie Avalone
JDR Goldfoots
Randall
Eaberger
Doris Day
Pinta
Arthur Godfrey
Matey
Detroit
SUB
de Gaulle
Charles de Gaulle
Stephen Boyd
Edmund O'Brien
Dr. Goliffaot
the Girl Bombs
Thurs
Navy
Small
Tubken
Germantown Rd
Verity
New York Strip
Monroe
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