Market Report Shows Mixed Dow Jones Touches Losses
Goodyear dipped slightly while Western rail grades slipped about 1 percent. Inds 679.68, Rails 137.63, Uails 111.10, Stocks 225.41. Volume 600,000.
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Newspaper
Sarasota News
Location
Sarasota, Florida, United States of America
Date
Jun 27, 1961
Page
2
Goodyear dipped slightly while Western rail grades slipped about 1 percent. Inds 679.68, Rails 137.63, Uails 111.10, Stocks 225.41. Volume 600,000.
Weather story reports storms hitting multiple states. Jones County North Carolina suffered a tornado destroying six tobacco barns and crops while a separate twister unroofed a Cochran Georgia feed store. Camden Washington DC loses power during hail and high winds. Kansas grain farms report near total losses in a wheatland belt. Local forecast calls for partly cloudy skies through Wednesday with afternoon and evening thunder showers and temperatures around 90 to 93.
Mary Louise Bullington, public relations chair for the local Democrat committee, outlines an advisory panel to advise the party. She says the group will present recommendations to the executive committee for acceptance or rejection and denies outside interference. The statement criticizes a morning newspaper for causing confusion ahead of key Sarasota County Democratic meetings.
The Supreme Court of Canada ruled 8 to 1 that unmanned automatic coin laundries violate the Lord's Day Act. The decision applies despite no employees being present during operation.
Mrs Edna F Manning 60 of 188944 4th &1 died at home. Services at Hawkins Funeral Home with Rev Donald Walling. Burial Des Moines Iowa. Survived by sister Evelyn Basart. Otto J Birkmeier 69 died at his Cedarville Michigan summer home. Services in Delphos Ohio. He wintered at Siesta Key for 11 years. Charles Van Meter Sr 63 of 216 Park Blvd reported dead after heart attack while vacationing in Colorado with wife and son.
The Senate backed a social security bill increasing minimum payments from 33 to 40 dollars, boosting widow’s benefits by 10 percent and adding 160000 people to the rolls. It funds gains with a 0.5 percent employer and 0.25 percent self employed tax rise, effective Jan 1. The measure expands earned income limits and raises welfare match amounts to aid destitute Americans, with further moves to accelerate tax increases.
Copenhagen AP reports a sow owned by farmer Aksel Egedee gave birth to 34 piglets, a world record per Danish veterinary experts. The litter split into 15 piglets on Sunday and 19 on Monday morning.
Kennedy’s early legislative record shows solid domestic gains with major bills on housing, minimum wage, social security, and highway expansion passed or advancing. Foreign policy scores are uneven, with Berlin prospects and mixed reviews of Cuban era decisions, while key reform and regulatory bids face resistance or defeat.
A department report shows overall retail food prices fell 0.4 percent in May driven by poultry about 31 percent cheaper than 1947 and price cuts for eggs fresh milk strawberries frozen orange juice concentrate and lard. Used car prices rose to meet year-ago levels as physician fees increased. About 123000 contract tied workers await 2 to 3 cent hourly raises while 23000 at Repub lic Aviation face a one cent cut. 164000 see no change. Myers predicts small June index rise from seasonal gains in fruits vegetables and gasoline.
A federal fact finding panel opens hearings amid unbalanced charges from two sides in a ship labor dispute. Shipowners accuse four unions of unfair practices while unions push for recognition on 50 foreign flag vessels amid runaway flag concerns. Named parties include NMU Masters Mats Pilots MEBA and American Radio Association.
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