Detroit GM Posts Record Nine Month Profits and Sales
Detroit's General Motors reported record earnings for the first nine months ending September 30, totaling 1.086 billion dollars at 3.79 per share on 11.681 billion in sales. The results imply potential full year 1964 records and sparked expectations of a higher dividend or a stock split. Chrysler announced a 2-for-1 stock split, doubling its dividend, while Ford remained silent as GM's figures dominated market chatter in New York.
MENTIONED IN THIS ARTICLE
New York
Detroit
General Motors Corp
Ford Motor Co
Chrysler Corp
Wall Street
Today in History for October 29, 1963
On this date in 1929 the stock market collapsed with 16.4 million shares traded in the Great Crash. Other events include the 1796 Monterey California port visit, 1835 Morse code patent, 1900 NYU Hall of Fame names, 1923 Turkey proclaimed, 1949 Hampton Institute electing Dr. Alonzo Moron, and U Thant lifting Cuba naval quarantine as he met Fidel Castro.
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Associated Press
New York
United States
California
Monterey
New York University
George Washington
Abraham Lincoln
Daniel Webster
Benjamin Franklin
Ulysses S. Grant
John Marshall
Thomas Jefferson
Republic of Turkey
Alonzo Moron
Hampton Institute
San Fran
General Electric Co
U Thant
Cuba
Thant
Havana
Fidel Castro
Tire Slasers Get Jail Terms in Spokane Case
Three former college students were sentenced for a tire slashing spree on Oct. 14. Justice Ellsworth Gump convicted Michael L. Skorron, Edward M. McElligott, and Phillip J. Sheridan of vagrancy and malicious destruction of property, ordering 60 days in jail with 90 days suspended and 30 days to be served by all three. They must contact over 100 tire owners to arrange restitution, sharing 250 slashed tires among them. The trio had been dropped from Gonzaga University.
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Spokane
Wash
Ellsworth Gump
Michael L.skorron
Great Falls
Mont
Edward’ M
Anchorage
Alaska
Phillip J. Sheridan
Everett
Gonzaga University
Eisenhower Elected Chairman of English Speaking Union
Dwight D. Eisenhower was elected chairman of the National Board of Directors of the English-Speaking Union of the United States. He said he was happy to be associated with an organization fostering friendship between Americans, the Commonwealth, and Britain.
MENTIONED IN THIS ARTICLE
Eisenhower
Friendship Union
Philadelphia
Dwight D. Eisenhower
United States
Commonwealth
Britain
Electrical barrier for wife held okay
London high court ruled that an electrical trap a miner rigged to bar his estranged wife from their home did not in itself break the law. Frederick Munks, 26, wired 240 volts from a kitchen plug to electric gates and windows to keep Doreen out. she received a shock but the act was deemed lawful within the case details.
MENTIONED IN THIS ARTICLE
London
England
High Court
Frederick Munks
Doreen
Munks Conviction Quashed Over 1861 Act Scope
Judges void Munks eighteen month sentence after ruling the 1861 act does not classify an electrical spring gun as an engine. The court held the device did not fall under the definition of "any other engine" in the Per Son Act.
MENTIONED IN THIS ARTICLE
Munks
Berger First Democrat For 9th District Race
Milwaukee attorney Kenneth D. Berger at 52 becomes the first announced candidate for the Democratic nomination in the new 9th Congressional District. The district covers Waukesha County and parts of Milwaukee County. Berger served on the Labor Department legal staff in Washington during World War I.
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Milwaukee
Kenneth D. Berger
Waukesha County
Milwaukee County
Berger
Labor Department
Washington
Parkinson Sees Chaos ahead for Western Civilization
HAL BOYLE reports C Northcote Parkinson, British historian, predicts Western civilization will fall into chaos around 2000 plus or minus. He argues history shows East and West alternate dominance, with Eastern civilization poised to overtake the West technologically. He praises friction between cultures as a driver of ideas and notes bureaucracy as a major modern evil to curb through reform.
MENTIONED IN THIS ARTICLE
Hal Boyle
New York
C. Northcote Parkinson
Parkinson
Suppression of Bureaucracy and a Child’s Injury
The piece quotes a critic on modern governments and tyranny, noting only wartime regimes curtail bureaus, while joking that civilization may not collapse by 2000. It then reports Ginger Meier, seven, daughter of Glen and Mrs. Meier of South Wayne, admitted to St Clare hospital after a schoolyard fall causing a broken arm.
MENTIONED IN THIS ARTICLE
Ginger Meier
Glen Meier
South Wayne
St. Clare Hospital
Christine Keeler and Co Defendants Face Jury Trial
London court orders Christine Keeler and three co defendants to stand trial at Old Bailey on charges of perjury and conspiracy to obstruct justice. Convictions carry up to 28 years in prison. Co defendants include Paula Hamilton Marshall 23 Olive Brooker 56 and Rudolph Fenton 39.
MENTIONED IN THIS ARTICLE
London
Christine Keeler
Old Bailey Court
Christine
Marylebone
Rudolph Fenton
Miss Keeler
Aloysious
Lucky) Gordon
John Profumo
Gordon
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