Market outlook and technical signals amid mixed indicators
A Financial Analysts Journal note discusses a cautious market tone as Dow Jones Industrial Average highs appear supported but breadth and variety of indicators diverge. Analysts warn that an A D ratio and rally breadth divergence could trigger a sharper move after notable signals.
MENTIONED IN THIS ARTICLE
Dallysts Journal
Beloit College
Wisconsin
Bencles
Richard Russ
Wall Street
Industral
Market Outlook Mixed Despite October Rally in Rail Stocks
A period of cautious optimism follows a Thursday market rally led by RCA and Motorola while Dow Jones indices show mixed signals. The rails and industrial averages rose modestly, but turnover lingered low and divergences between the Dow and rail averages temper enthusiasm. Analysts cite improving third quarter results and potential tax cuts for 1964, urging selective buying aligned with solid fundamentals and favorable chart patterns.
MENTIONED IN THIS ARTICLE
RCA
Asmith
Dow-Jones
Tavares
Leaking Gas Blamed for Arena Blast
Investigators in Indianapolis conclude a leaking butane gas from a broken valve near concession stands likely ignited by a stove, triggering the Halloween ice show explosion at the Indiana State Fairgrounds Coliseum. The blast killed 64 and injured about 340, with many in critical condition as debris and damaged tanks were found amid the arena collapse.
MENTIONED IN THIS ARTICLE
Indianapolis
Ind
UPI
Ira Anderson
Four- Inn
Coliseum
Indiana State Fairgrounds
Army Men Die as Car Rams Truck Near Cheney
Four Army men were killed when their car slammed into the rear of a gasoline tanker on U S 10 near Cheney Washington causing an explosion and fire. Three of the dead were identified as B Smith Carlyle B Martin and Donald K Ekin all in the 1st Missile Battalion 48nd Artillery Fairchild Air Force Base near Spokane. The truck driver Robert Christensen 47 of Spokane said he saw headlights from the rear at high speed as the car clipped the tanker and fishtailed across the highway.
MENTIONED IN THIS ARTICLE
Spokane
Avio
Christensen
Three Russians Depart Scoffing at Charges
New York reports three Soviet spies expelled from the United States after ridiculing espionage charges as nonsense. Yuri Romashin, 28, and two others left Idlewild for the Soviet Union, saying they are glad to return home. The trio faced no prosecution due to diplomatic immunity, while two associates, Alvanov and Busenko, remain held for spy charges.
MENTIONED IN THIS ARTICLE
New York
United States
Russia
Felday
Igo
Alvanov
oAntorg
U.S
Johns W. Busenko
Orange
Nod
Indyternational Electric Corp
Butenko
International Tele- 1Phone and Telegraph Co
Englewood
25th Polaris Sub Launched in Groton with Rainy Ceremony
The U S Navy launched the 425 foot 7000 ton nuclear powered Polaris submarine Grant in Groton amid cold rain and a 400 strong crowd. Grant named by the great grandson of Ulysses S Grant, with Harold Smith as the keynote speaker. A few pacifists protested as is common, and two crews will man the vessel, Blue under J T Conde and Gale under C A McBineald.
MENTIONED IN THIS ARTICLE
U. S. Navy
Thames River
Groton
Conn
David D. Griffiths
Arlington, Va
Gona
Ulysses S. Grand
Navy
Grant
David E. Griffiths
Actington
Adit
Harold PB. Smith
Atlantic Command
Who Decane
United States
Commend
Conde
J.T. From
Gales Ferry
Gale
Cundry A. IK
McBine Ald
Mystle
Long Siege Seen For Foreign Aid Bill In Senate
Washington reports a long siege is expected over the $3,817,385,000 foreign aid bill after a tense first Senate battle. Republican Leader Everett Dirksen expressed pessimism about quick progress as Democrats, led by Mike Mansfield, warned the fight would be lengthy.
MENTIONED IN THIS ARTICLE
Washington
Senate
Everett Mr. Dirksen
Senate Baker inquiry moves ahead amid fights
The Senate advanced plans to investigate Baker with 46 votes against a motion by Sen Morse to send the matter back to the Foreign Relations Committee. Jordan, a Democrat, argues for strong inquiry with outside counsel, while some Republicans seek outside direction. Witnesses and investigators from the Justice Department and GAO are being considered to sift facts from rumors in the Baker case.
MENTIONED IN THIS ARTICLE
Senate
Wriday
Wayne Morse
D-Ore
Pennsylvania
Dirksen
Ajso
Robert G.kession
Sepulveda Boulevard
Baker
Pagélq
San Diego
Jordan
Bly
Viola Albright Niland
Niland Mov
Mansfield
Pacific Coast
He. Hwy
Redan
Niles Com- Naker
Mittee
Clydel
Nations
Diglor
Bers
Mmittee
Rules Committee
Justice Department
General Accounting Office
Sta
Carl
Cure
Tis
R-Neb
Oer
Anl
Unwed Teen Mother Faces Trial After Court Ruling
A 16 year old girl with three illegitimate children drew court scrutiny as Judge Cooper deferred the matter. The issue centered on contraceptives and the role of the daughter in the case, with the judge noting the request of absent parties and the trial date awaiting further action.
MENTIONED IN THIS ARTICLE
Cleveland
Haa
Nile
Lao
Jdhcans
John Sherman Cooper
Unclear Entry From Faded Page
Fragmentary text shows scattered words and numbers including ages and items, with garbled phrases and missing context. No clear event, person, or place can be determined. The legible bits suggest a cataloged list or puzzle fragment rather than a standalone news item.
Officers Raid Home Arrest 6 in Gaming Case
Six people were jailed in Torrance on gambling charges after a raid by city and sheriff's vice officers on a beachfront home. They were released on 50 bail each pending Monday hearings in South Bay Municipal Court Division 7. Officers said a draw poker game was observed through a rear window at 50 Paseo de Ikaya and a $550 professional sized bank was seized.
MENTIONED IN THIS ARTICLE
Torrance
South Bay
Paseo de Ikaya
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H. DE LA Chapelle
Palm, Wether, Jacaeen & Curtid
Jones Industrials
Uni
General Electric
Westinghouse
Reanne
Newton
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Anderson
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Ea Fenally
Thelwight Kein
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Earl H. Myer
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Ray News
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Indianapolis News
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Pac
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Morelle
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Ah Bankers Trust Sy
Gu Raberisconigees
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Rocket Jet Eng
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Aberdeen
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al Advisers
Uhisiins
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Benny
al Fundamal
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Am Groth
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SON
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Dial Finance
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St War] Aerospace
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Bank
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PST
Raystone Cogea i Aj Sales
Hanora caMeaNles
Bonvord Bonard
Gertsch
Lamy
Andrew
Conal
Saran Fund
Ieee
Kentucky Gills
Emery
Yuri A. Romishin
Idlewild
Belines
U.N
Yin
Romashin
FBI
Air’ Force
Stephalo
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Dal
Jean
Yasburne
Aian
Pee Stial Oli
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