Soviet superiority in missiles and stock market cautions
The News Frederick reports veteran analyst J Edson Gould warns investors to hold 65 percent in stocks and 35 percent in reserve as the economy appears overdeveloped and vulnerable. G. Keith Funston of the New York Stock Exchange forecasts U.S. goods rising from 250 billion in 1959 to about 700 billion by 1970 and stock ownership growing from 12 percent to 22 million, cautioning that the coming decade holds both appeal and stumbling blocks.
MENTIONED IN THIS ARTICLE
J Edson Gould
Arthur Wiesenberger & Co
G. Keith Funston
New York Stock Exchange
United States
Funston
Wall Street Cautions of Golden Sixties
New York AP report notes Wall Street eyes the coming golden sixties with cautious stance. Analysts once predicted rapid growth from housing and new industries, but today warn profits may lag as markets adjust to optimistic forecasts.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Appalling complacency cited over inflation and taxes
The passage critiques an appalling air of complacency, ongoing inflation danger, an unrealistic tax structure that hinders growth, and an apparent unwillingness to end featherbedding and high-cost production.
24 Die In Beirut Plane Crash Audiences From Rome to Kabul
In Beirut Airport tragedy Afghani stan Aima Airways jet en route from Rome to Kabul crashed three minutes after takeoff. Twenty four people were killed including two Americans Frank Wills Shepherd and Gordon Hay Clark. Three passengers survived. The two Americans resided in Kandahar and were traveling for medical contracting work. The wife of Gordon Hay Clark, 48, said he had been booked for a medical project in California.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Afghanistan Aima Airways
Frank Wills Shepherd
Gordon Hay Clark
Kandahar
Afghanistan
Rome
Kabul
San Mateo
Calif
ES. Con
De Gaulle Celebrates 69th Birthday in Strasbourg
President Charles de Gaulle marked his 69th birthday in Strasbourg as he lauded Germany and France as past enemies becoming a linked pair. He urged tighter cooperation and noted the city’s 1944 liberation and 1918 French entry.
MENTIONED IN THIS ARTICLE
Strasbourg
France
Charles de Gaulle
Rhine
Germany
de Gauille
France and De Gaulle Speak of Peace in Europe
In a wartime tone the remarks reference a new future after 48 years of German rule. De Gaulle proclaims a step toward peace and France pledges full participation. Europe from Atlantic to Urals faces a fate decided by its peoples, aiming for concord. Brigitte Bardot notes her husband seeks military service. Jacques Charrier undergoes treatment as Walter R King is assigned to command.
MENTIONED IN THIS ARTICLE
de Gaulle
France
Europe
Atlantic
Urals
Isithan
Acques
Charrier
Fort Jackson
D. C
Val Des
Walter R. King
Training Course At Fort Jackson For Radio Operators
Army personnel from Company C 11th Specialist Battalion 4th Training Regiment begin the Intermediate Speed Radio Operator's Course at Fort Jackson for advanced specialist training.
MENTIONED IN THIS ARTICLE
Pany
4Th Training Regiment
Fort Jackson
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