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Press Telegram in Long Beach, California

20 Oct 1962

Page 4

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Oct 20, 1962

Page

4

Dow Theory Adds Caution As Stocks Waver In Late Fall

Stock market outlook reviewed by H de la Chapelle and peers notes the Dow Industrials trading between 570 and 595 with potential rallies into early November on good General Motors news, while a break below 570 could spark another drop toward 550. Commentary cites short interest and past high low gaps, arguing no single day marks a market peak, and highlights ongoing bearish-bull dynamics and inventory signals.

MENTIONED IN THIS ARTICLE

H. DE LA Chapelle Wily Paine Webber Sachsen Dow Industrigls Mitre Kel DuPont Heartbank Thesrs Constanty Arthur Wiesenberger Califoenia Richard Russell Dow Qct Mary Bull Bolton-Trembly Boll eRee Trcey Tom Aanoels Dlon Bia Ash Ariz Agro Chom Mmesha Indus Aetna Life Wi Ariz Bancoro Ike Madtel Aim Boulteble Vv Baie Maxson Cipetenes Asteadata May Arna Newrk Atlas Hotels Ine Gms Bancock Lech Barlon Marevson Kruse Educ Inco Jayleys Aimliers. Inc Ned Data Fatpnetta Igen Glens Calis Ind Jahover Yi Jae Lincoln Aiq Burgavasier Chase Manhattan Bank Saiventerk Tel 730 Nal Gas Brovid Vick Agra Gyig Cetnaatansup Poiasa Springfield Bal i Elremans Petins Maiona Prom Franklin Life BR General Reins iBeredtum Cmp Mds Wei Bledengr Corp Oeemadtum Qrelena Bofungmcattines Es Baet Bram Yak Ws Bitigra Fire Gait Busi Gaplal Iy Ben Pac Mercury TV Maryland Gasval Brunswig Drug Bae F Mercury Casualty Ala Mulia Westchester Cole GM Rave Marie Reid Trudit Colwell Toa Raval Inia Ata Chase Manhattan Santa Fe Orling Ghem Cnosol Fetwus Sean Bluchon Wray Gort Goren Rocke Pa Tie 'Sroll Foresman Bie Bauteel Dale Senne Ray WOM Aberdeen Fo Goa Invest Troy Marton Grin Ues Ariimied Gig Qial Emance Servanic GOB Grih RG Mulval Bee Gee BEN Smi Indus Ety Neala Apm RAE Tering Investors Daversa Bis Hilal Sap HPD Patrol Ritearn Barnes Ain Sea Test Gas Guardian Schener Gilleens Hivdock Ae Garnwve Eng Blue Ridge Mtu Tha Tori Imperial Gem Ees Continental Slate Boston Fund Rak Ogi Inerial Et Crocker Ana BE Seyenews Broadsteinv Eich Bank Electramic BO Bullock Fund Camntaican AaCalit Fur Nelevea Cp Jet Susquenamna Cro Soros Ab al Bled Dewak Ine Bui Sera Aigling Beanard Revere Fo Ai Holdings Companies Gonnen Dtn Tunes Hiv Camposite Bas Fahl Ate Fung Gence FaCen Geet ENE Ceub Mumia Telcaicard Reyne Mike Reman Kcoeh Sepia Crowan Lowesy Ouest IO Tatler Ain Ura Engin Westie Gla Boursauare BAT Petra Tmowall Smnvest Bankie Wellington Maece Care Wiownill Bay Froguene Weiner Corey Aton Farms Marine Catelal Wile Laneey Winffeld Grit Wiscom FO
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Science Benchmarks at World Fair Highlight Inventories

The World Fair finished amid pageantry with a $100 million science exhibit drawing crowds. Bank economists note inventory swings drive postwar economic cycles, predicting mixed signals for 1963 as manufacturing inventories total about $57 billion and the inventory sales ratio trends lower overall.

MENTIONED IN THIS ARTICLE

Kennedy Science U. S
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Blast Rips Station in Troubled Tyrol

A pre dawn explosion apparently from a time bomb ripped the baggage room of Trent railway station on the edge of South Tyrol. Officials fear renewed unrest among German speaking residents seeking autonomy as a second blast in four days signals possible agitation in the North Italian Alps.

MENTIONED IN THIS ARTICLE

Trent Haly South Tyrol
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Italian Railways Crippled by Walkouts

A federal judge enjoined a walkout by Italian railway workers in the Bologna area, disrupting traffic across the network. The injunction shields Santa Fe and related lines while a broader federal case on railroad work rules proceeds, with further hearings set for Monday.

MENTIONED IN THIS ARTICLE

Chicago UPI Rome Pi—Railway Works Bologna Brotherhood of Railroad Central Italy Santa Fe
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Mateos Arrives in Manila for Philippines State Visit

Mexican President Adolfo Lopez Mateos arrived in Manila for a four day state visit to the Philippines.

MENTIONED IN THIS ARTICLE

Manila Adolfo Lopez Mateos Mexico Philippines
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Ecumenical Council Outlines Objectives

Vatican City reports the Ecumenical Council calling for renewal and world peace. Pope John XXIII urges collaboration across nations and faiths to foster human welfare, science, arts, and culture. 2700 council fathers pledge to carry the anxieties and hopes of all peoples to the Holy Spirit for a more ordered world.

MENTIONED IN THIS ARTICLE

Vatican City Vatican John XXIII St. Peter's Basilica
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Five Negroes seek admission to Alabama University

Reverend Martin Luther King Jr announces five Negroes will apply to the all white University of Alabama in Tuscaloosa within days as part of a broader push for desegregation. King says volunteers will aid voter registration and nonviolent direct action, with potential jail time, while noting overcrowding could bar entry. In Montgomery he outlines a plan for an Alabama chapter of the SCLC to lead the drive.

MENTIONED IN THIS ARTICLE

Martin Luther King Jr University of Alabama King Atlanta Southern Christian Leadership Conference Montgomery The Confederacy Tuscaloosa alliNerro Colleges Alabama Warren G. Hard Jing Frank Stearns Rapids City S. C Clark Coolidge
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Mrs FDR Hospital Stay Due to Rare Anemia

Mrs Roosevelt, 78, was admitted to Columbia Presbyterian Medical Center on Sept 26 for an unusual anemia requiring transfusions and a complicated infection with fever. Spokesman said her illness began as a lung infection but improved and she returned home for continued treatment. visitors not yet allowed.

MENTIONED IN THIS ARTICLE

Franklin D. Ronsevelt New York Roosevelt
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Integration Firestorm Shakes Alabama and Mississippi

Autherine Lucy's 1956 admittance at the university prompted a class action plan for five applicants. Martin Luther King Jr warns against violence as Governor Wallace resists integration, while the Army withdraws most troops from Oxford. The 5th Circuit prepares to rule on contempt charges against Mississippi Governor Barnett over Meredith's attendance.

MENTIONED IN THIS ARTICLE

U.S. 5Th Circuit Court of Appeals Ross BR. Barnett Mississippi Atlanta Barnett Meredith
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Also Mentioned on This Page

Press- Telegram Alcoa Wiesenberger Swill Cheyster International Harvester Department of Com Seattle Dow- Jones Harold Walsh F. Hotlon & Company, Inc Commerce Department Iugust Troubled Tyrol Sally Rand Gracie Hansen's Paradise Gracie Girls of the Galaxy Pacific Northwest Santa Fe Railroad Joseph Sam Perry U.S Tsi Associated Press Stefan Cardinal Wyszynski Poland Ecumenical Council Hieronim Grodkiewicz Wresehor Wild West Integration Movement Negres Coulde Ala Washington Calvin Coolidge Black Hills South Dakota Edward T. Clark Library of Congress Charles Kohen Herbert Heaver Autherine Lucy University George Wallace Gov. Wallace University of Mississippi Regular Mississippi National Guard Oxford
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