Eastern Air Lines president resigns in New York
Financially troubled Eastern Air Lines announced the resignation of President Samuel Wissinburton at a special board meeting. Lloyd D. Hall, the chief executive, will assume the presidency as Higginhol tour remains on the board. The airline cited a disappointing traffic growth and rising operating costs for the worst September on record.
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New York UK
Eaststern Air Lines
Samuel Wissinburton
Eastern
Lloyd D. Hall
Chipman
Higginholtour
Cemain
Consistant
Seaffie
Market rises on lower rates as Dow gains 6.54 points
New York stocks advanced as investors bet on lower short term rates. The Dow Jones Industrial Average rose 6.54 to 953.37 amid upbeat trading on the NYSE, with Gulf & Western slipping on CNA Financial deal news and Lone Star, MGIC facing block trades.
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New York Stock Exchange
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Beusa, Nordeman & Co
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Igher
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UNA
Lone Star Industries
Mgic Investient
Innuc
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Eastern Air Lines