Investor loses $400 on AT&T rights speculation
The column explains an investor who bought 200 AT&T rights at $2 each and held to expiration. Rights expired worthless after April 6. 200 rights could have bought 10 AT&T shares. The piece notes rights trading during the period and cautions investors on exercising rights and the impact of Black Monday May 28, 1962 on stock prices.
MENTIONED IN THIS ARTICLE
American Telephone & Telegraph Co
At&t
Courself
Ansane
ATET
New York Stock Exchange
NYSE
Goldwater and Johnson Clash Over Nuclear Policy
In Hershey Pennsylvania Barry Goldwater charged that President Johnson authorized U S commanders to use tactical nuclear weapons in the Gulf of Tonkin incident. Secretary Rusk and Secretary McNamara rebutted the claim saying Johnson gave no such authorization.
MENTIONED IN THIS ARTICLE
Washington
UPI
Johnson
GOP
Barry M. Goldwater
Hershey
Goldwater
U.S
Gulf of Tonkin
Dean Rusk
Defense
Robert S. McNamara
Arizona
Seventh Fleet
Nav
NATO
Europe
Rusky
McNamara
Sen
Tradition Upheld For Inauguration Parade
Washington DC reporters note tradition prevailed as the presidential inauguration parade will stay on Pennsylvania Avenue. GOP Chairman Carl L. Shipley proposed moving to Constitution Avenue but faced opposition from the Hotel Association Convention Bureau and the Board of Trade, leading to a defeat of the plan.
MENTIONED IN THIS ARTICLE
Washington
UPI
Pennsylvania Avenue
District of Columbia
GOP
Carl L. Shipley
Constitution Avenue
Shipley
Hotel Association
Convention Bureau
Board of Trade
Riots Roil Elizabeth and Paterson New Jersey
Hundreds of helmeted police faced large crowds in Elizabeth and Paterson as rioting erupted overnight. At least 18 to 30 people were arrested in the two cities, with bottles bricks and Molotov cocktails hurled at officers and reporters. Minor injuries were reported among police newsmen and bystanders. Fires linked to Molotov cocktails were contained. The violence stretched through the night with extensive property damage but no looting confirmed.
MENTIONED IN THIS ARTICLE
New Jersey
Garden State
Paterson
Elizabeth
Der
Pioneer Homes
First
Magnolia
Jersey Match Co
Montgomery
River Streets
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