Stock Market Hovers Near 1962 Lows In Turbulent Trading
The New York stock market fluctuated heavily and touched near 1962 lows as the Dow Jones industrial average slipped to 571.53 at noon, with the S P 500 down to 55.28 and the overall market mixed. IBM and other blue chips saw volatile moves while trading pace lagged tape reporting by as much as nine minutes.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Dow Jones
Standard & Poor
IBM
AT & T
du Pont
General Motors
Chrysler
Ord
American Motors
Studebaker-Packard
Eastman Kodak
Allied Chemical
North American Aviation
Secretary of the Treasury
Douglas Dillon
Senate Finance Committee
New York Stock Exchange
15-Foot Fall Fatal Near Niagara Falls
Satrag Aloian, 84, of Niagara Falls, was fatally injured Wednesday when he fell about 15 feet from a railroad viaduct. The accident occurred in Niagara County as responders rushed to the scene.
MENTIONED IN THIS ARTICLE
Niagara Falls
Satrag Aloian
Senate Unanimously Backs 48.5 Billion Defense Bill
The Senate approved a massive 48.5 billion defense bill by an 88 to 0 vote. The measure, returning to the House for conference, includes RS70 jet reconnaissance development funding and sets Army National Guard strength at 400000 and Reserves at 300000 a year. The House had approved 224 million for the RS70 with other increases.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Senate House
Kennedy
A. Willis Robertson
Dva
Everett M. Dirksen
Illinois
William Proxmire
D-Wis
Senate Appropriations Committee
Robert S. McNamara
Air Force
Joseph S. Clark
D-Pa
Robertson
McNamara
Proxmire
Navy
Army
Pentagon
National Guard
Friends Rally Around Mickey Rooney After Bankruptcy
Hollywood icon Mickey Rooney seeks relief after filing for bankruptcy showing debts of 464 914 dollars. Creditors include attorney Robert A Neeb of Los Angeles who advised Rooney to waive all sums owed. Rooney, 39, says bad counsel and judgment caused his financial collapse despite a 30 year career earning about 12 million dollars.
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Hollywood
Mickey Rooney
Rooney
Robert A. Neeb
Los Angeles
Neeb
Elaine
Clarence Man Killed in Route 5 Car Crash
Buffalo Wilbert C Ritchell aged 48 of Clarence died Wednesday in a two car collision on Route 5 in Clarence.
MENTIONED IN THIS ARTICLE
Buffalo
Wilbert C. Ritchell
Clarence
Route 5
U S Soldier Dies in Combat In Viet Nam
A U S Army sergeant was killed and two other Americans wounded near the Laotian frontier about 360 miles north of Saigon. The wounded, a captain and a sergeant, were taken to a field hospital at Nha Trang. Names were withheld until next of kin notified. The clash occurred in central Viet Nam where U S special forces train local units to defend villages against Viet Cong guerrillas. A separate airlifted assault west of Saigon reported three Viet Cong killed and a large supply depot seized, including rice and gasoline, during action in an area called D Zone.
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Saigon
South Viet Nam
Nha Trang
Viet Nam
U. S. Army
U. S
United States
Ngo Dinh Diem
D Zone
Wall Street Wizard Flees to Brazil
Edward M. Gilbert, a Wall Street figurehead who admitted unauthorized withdrawals totaling about 1.95 million dollars from the E. L. Bruce Co., flew to Brazil. He arrived in Rio de Janeiro on a Varig jet and went into seclusion with a 30 day visa, possibly staying six weeks.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Edward M. Gilbert
Brazil
Gilbert
Varig Airlines
Rio de Janeiro
Rio
International Police Agency
U. S
Idlewild
E. L. Bruce Co
Wedding license gifts prompt in East Greenbush village
Couples filing for marriage licenses in East Greenbush Rensselaer County receive a free gift box from Town Clerk Virginia Ochs. The box includes soap cosmetics aspirin and other household samples supplied by manufacturers as an extra dividend with the $2 license fee.
MENTIONED IN THIS ARTICLE
Greenbush
Rensselaer County
Virginia Ochs
Strike Looms Over Big U S Airlines
Government efforts to end the long running dispute between Pan American World Airways Trans World Airlines and Eastern Air Lines and the Flight Engineers International Association failed. AFL CIO president Ron Brown said a strike appeared inevitable as negotiations collapsed after a 24 hour session.
MENTIONED IN THIS ARTICLE
Washington
Flight Engineers International Association
Ron Brown
Aflcio
Brown
Pan American World Airways
Trans World Airlines
Eastern Air Lines
Arthur J. Goldberg
Goldberg
Kennedy
Asher Schwartz
Jesse Freidin
Freidin
New York
Estes Refuses to Reply To Murder Quiz Queries
Billie Sol Estes declined to answer about 100 grand jury questions on the Marshall murder case as the Robertson County inquiry probes possible homicide. Prosecutors plan to subpoena additional witnesses while Estes faces fraud and theft charges tied to fertilizer and storage interests.
MENTIONED IN THIS ARTICLE
Estes
John D. Cofer
Austin
Marshall
Cofer
Here
Agriculture Department
Billie Sol Estes
Texas
Bill Moore
Franklin
Tex
Henry H. Marshall
Arms Conference Recess Opens Amid Deadlock
Geneva reports a month-long summer recess as the 17-nation disarmament talks remain deadlocked on core issues after three months. Western delegates express cautious view noting limited progress and aim to clarify disarmament complexities for eight nonaligned nations. The East and West stay split on international controls and a global peace policing force.
MENTIONED IN THIS ARTICLE
Geneva
Brazil
Burma
Ethiopia
India
Mexico
Nigeria
Sweden
United Arab Republic
Boy With Arm Sewed Back On Looks Forward to Playing Ball
Everett Knowles Jr., 12, whose right arm was severed by a freight train, has had the limb reattached at Massachusetts General Hospital. Doctors say recovery hinges on reconnecting nerve fibers, with a return to normal use possible but not assured.
MENTIONED IN THIS ARTICLE
Boston
Everett Knowles Jr
Red” Knowles
Massachusetts General Hospital
Red
Somerville
Sandy
Massachusetts
New England
Everett
John J. Knowles
Tyr
Robert Shaw
Solvents President Quizzed On Dealings With Sol Estes
Maynard Wheeler, president of Commercial Solvents, testifies before a House subcommittee on dealings with Billie Sol Estes. He disputes charges linking the firm to Estes and a $4 million Swiss bank account, stating Estes owes $5.7 million and that security backs loans amid Estes indictment and estate turmoil.
MENTIONED IN THIS ARTICLE
Solvents
Sol Estes
Washington
House
Maynard CC. Wheeler
Imony
Billie Sol Estes
Estes
Switzerland
Wheeler
Texas Court of Inquiry
Frank Cain
Cavis
Dallas
Commercio Solvents
Brazil
Laos Premier Urged to Lead Geneva Delegation
A Peiping broadcast quoted Prince Souvanna Phouma as saying he will head a unified Laos delegation to Geneva to sign the 14 nation Laotian conference accord. U S officials urged Souvanna to head the Geneva delegation to avoid letting Prince Souhanouvong control the new coalition during its early neutralist phase.
MENTIONED IN THIS ARTICLE
Tusyo
Peiping
Souvanna Phouma
Laos
Geneva
Washington
United States
Souvhanouvong
U. S
Souvanna Phowna
Gene
Gen. Phoumi
Conservative Party snubs Rockefeller and Javits in Albany
The new state Conservative party says it will not endorse Gov. Rockefeller or U. S. Sen. Javits for reelection. Rockefeller said he would consider an endorsement only if one was offered, while the Conservative chairman announced no endorsement intention.
MENTIONED IN THIS ARTICLE
Schenectady
State
Conservative Party
Rockefeller
U. S
Jacob K. Javits
Ee Rockefeller
Albany
Syracuse man files $150,000 suit against city
The judge's son alleges he sustained a permanent nerve injury after a pistol whipping and thigh shattering during an altercation with two police officers. The city dismissed Detective Patrick Kerrigan and suspended Patrolman Leo Leathley for 60 days following the March 29 incident.
MENTIONED IN THIS ARTICLE
Syracuse
Olleging
Patrick Kerrigan
Fatrolman
Leo Leathley
Saranac Man Fatally Injured In Route 3 Accident
Elder H. Butchino Jr., 27, of Saranac was killed when a grader operator lost control and the machine careened down an embankment beside Route 3 about two miles north of Saranac Lake on Wednesday.
MENTIONED IN THIS ARTICLE
Saranac
Saranac Lake
Route 3
Here
Elder H. Butchino Jr
Babysitter Charged With Murder Over Job Loss
Rochelle Posey a 20 year old Akron babysitter is charged with first degree murder in the death of 14 month old Michael Magier. Posey said she strangled the child with a silk stocking after a fight with the baby's mother over her boyfriend's visits and losing her job. The infant died before reaching a hospital.
MENTIONED IN THIS ARTICLE
Akron
Ohio
Rochelle Posey
Michael Magier
Miss Posey
Forrest Diefendorff
Norton Village
Diefendorff
Ruth Magier
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San Francisco
Alcatraz Island
San Francisco Bay
San Francisco Examiner
FBI
John Angin
Frank Morris
Angel Island
Alcatraz
Allen Clayton
Atlanta
Anglin Brothers
Morris
Olin Blackwell
Fred Wilkinson
Federal Director of Prisons
Mickey
Wall St
Radio-Tv
Fulton
Souvanna
Bulletin
Spurns
Javits