Market Downturn Sinks Stocks Across Sectors
A broad market slide sent the Dow Jones industrial average down 7.95 to 587.22 at noon as declines hit steel, auto, oil, chemical, and tech issues. Gold stocks rose to new highs with Homestake and McIntyre-Porcupine gaining, while Polaroid and IBM led losses among growth shares.
MENTIONED IN THIS ARTICLE
Waa
Associated Press
Kennedy
U.S
McIintyre-Porcupine
At&t and
du Pont
Liggett & Myers
Polaroid
IBM
Ford
General Motors
Xerox
Jones & Laughlin
Radio Corp
Roebuck
Dow Jones
American Stock Exchange
New York Stock List Highlights Diverse Market Names
Gulf Oil and Hercules Pdr lead a ledger of many stocks including Am Air, Coca Cola, Pepsi Cola, Ford Mtra, General Electric, U.S. Steel, Westinghouse, and more. Atlanta Produce reports brisk peach and vegetable prices with varied lots and bulk offerings across cabbage, collards, corn, okra, peppers, cucumbers, and beans.
MENTIONED IN THIS ARTICLE
New York
Gulf Oil
Acme Steel
Am Air
Tnt
Baker
Lorillard
Anaconda
Lou & Nash
Armour
Macy
Mitre
Tel & Bi
S. Steel
Genesee MyWarner
West Angel
Goodrich
Winn Dixie
A&p
Woolworthers
Greyhound
Meekley
Atlanta
Georgia
Hog and cattle market report from Georgia and Chicago
Hog receipts across several plants in Georgia and Alabama rose to 25 cents higher with feeder and sow prices listed. Chicago hogs showed mixed to weak trend while Georgia cattle auction results reported steers and heifers mostly steady to strong with prices across weight ranges. Local bean vegetables and produce prices from Thomasville, Cairo, and Moultrie were detailed.
MENTIONED IN THIS ARTICLE
Chicago
Georgia
Dublin
Social Circle
Sylvester
Thomaston
Waycross
FAA seeks advance notice for amateur rocket launches near airports
The Federal Aviation Agency proposes rules requiring 24 to 46 hours advance notice of amateur rocket launches. It would ban night launches within five miles of airports and demand warning for rocket flights that could affect air traffic.
MENTIONED IN THIS ARTICLE
Washington
Federal Aviation Agency
Slep
Rainy Weather Persists Across Southwest Georgia Area
Heavy scattered thunderstorms rolled through Southwest Georgia and North Florida this morning and are expected to continue through Wednesday. Rain totals near a half inch in the mid morning lowered temperatures by 13 degrees, with a high of 86 at storm start and 69 at finish.
MENTIONED IN THIS ARTICLE
Georgia
Florida
Grand jurors quiz Estes on 1981 Marshall shooting case
Franklin Texas grand jurors question West Texas financier Billie Sol Estes about the 1981 death of Henry H. Marshall. A subpoena seeks Estes in Pecos as the Robertson County panel reopened the case. Marshall was found with five bullet wounds on his ranch and pathologists consider murder likely.
MENTIONED IN THIS ARTICLE
Franklin
Tex
Henry H. Marshall
West Texas
Billie Sol Estes
A. B. Nail
Pecos
Estes
Nail
John Dennison
Robertson County
Grand Jury
Marshall
Here
Agricultural Stabilization and Conservation Service
Agriculture Department
John M. Barron
Will Wilson
Griffin Let Presses Georgia Growth Plan for Space Industry
Griffin Let urged city officials to show leadership and recapture regional industrial leadership for Georgia. He said the state has a great chance to attract space development plants and proposed a governor's planning staff to advise all departments. Sanders pledged to return highway-user tax shares to cities.
MENTIONED IN THIS ARTICLE
South
Georgia
Sanders
Senate
Brother shoots boss at Hudson and Manhattan Terminal
James Mulloly, 41, brother of a secretary, wounded Taylor B. Gay, 55, vice president of Phillips Petroleum, in a Manhattan railroad terminal after learning of a secretary’s affair. Gay’s wife Berta, separated, visited him as Mulloly was arrested for felonious assault.
MENTIONED IN THIS ARTICLE
New York
Taylor
Gay
Phillips Petroleum Co
Beekman- Downtown Hospital
Berta
Hudson & Manhattan Railroad
Manhattan
New York-New Jersey
Hudson River
Sewell to Preside Over GVA Meet in Atlanta
Thomasville president of the Georgia Vocational Assn will preside over the 1962 annual GVA conference in Atlanta tomorrow and Friday. Headline speakers include Dr. Walter M. Arnold assistant education official and David H. Newby deputy director for administration at Marshall Space Flight Center. All sessions at the Biltmore Hotel.
MENTIONED IN THIS ARTICLE
Paul G. Sewell
Thomasville
The
Georgia Vocational Assn
GVA
Atlanta
Walter M. Arnold
U.S. Office of Education
David H. Newby
Marshall Space Flight Center
Huntsville
Ala
Biltmore Hotel
Beck May Get Five-Year Term
Beck, former Teamsters Union president, faces a five year federal term and $20,000 fine after the Supreme Court refused to review his conviction for filing false tax returns for 1950 and 1952. His attorney noted the government may skip retrial on evasion of $240,000 in personal income taxes.
MENTIONED IN THIS ARTICLE
Seattle
Wash
Dave Beck
Teamsters Union
Charles 8. Burdell
Beck
U.S. Supreme Court
Hearing Slated On Road Paving
A public hearing will be held at 11 am Wednesday at the courthouse regarding Meigs Coolidge Road Ga. 202 construction. Work includes grading and surfacing from Ga. 3 at Meigs to Pummy Road, extending 6 221 miles north. Palmer Bridges to be replaced. All interested persons urged to attend.
MENTIONED IN THIS ARTICLE
Meigs-Coolidge Rd
Meigs
Pummy Rd
Palmer Bridges
J V Frierson Sr 73 Cairo Area Resident Dies After Illness
John V Frierson Sr 73 longtime Grady County resident dies after an extended illness. Born in Bemis Tennessee he moved to Grady County from Quincy Florida in 1929. He was a retired farmer and Providence Baptist Church member. Survived by wife Aliie Mae Barber two sons John V Frierson Jr and Jimmy Frierson two daughters Mrs Ralph Harrison and Mrs Cleon J Arnold seven grandchildren.
MENTIONED IN THIS ARTICLE
Cairo
John V. Frierson ,&J
Grady County
Bemis
Tenn
Quincy
Fila
Providence Baptist Church
Aliie Mae Barber
John V. Frierson Jr
Whigham
Jimmy Frierson
St. Augustine
Fla
Ralph Harrison
Cleon J. Arnold
Madrid
Spain
Mildred Peterson
Santa Rosa
Dena
Louise Wilson
Apalachicola
Mrs Nymmie Astor Swann services held at First Baptist
Mrs House 70 Pelham died Saturday Archbold Memorial Hospital. Funeral at First Baptist Church Pelham with Revs Wallace Little and A J Cooke officiating and burial in Pelham Cemetery. Braswell Funeral Home in charge. Survived by two daughters Mrs W W Hickox Savannah and Mrs Floyd Megahee Camilla three sons Chester House Cheveleer Md Ernest and Maston House Pelham 11 grandchildren 3 great grandchildren.
MENTIONED IN THIS ARTICLE
Pelham
House
Archbold Memorial Hospital
Thomasville
Randolph County
First Baptist Church
W. W. Hickox
Savannah
Floyd Megahee
Camilla
Chester House
Cheveleir, Md
Ernest
Maston
Buck Brew Charges Put Negroes in Jail
Two Thomas County men were jailed Monday. Robert Lee Callaway of Coolidge faces a DUI within city limits, and Robert Majors, 60, of Boston, charged with possession of illegal buck brew. Sheriff D. J. Law said both will be tried in the June City Court term opening here Monday.
MENTIONED IN THIS ARTICLE
Thomas County
D. J. Law
Robert Lee Callaway
Coolidge
Law
Robert Majors
Boston
Ochlochnee News Highlights Local Visits and Reunion Plans
Vacation Bible School opens at Baptist Church under Rev. H T Montgomery with large enrollment. Quarterly meeting of Thomas County Baptist Association Training Union led by Cleburne Faircloth. Local residents and visitors from Georgia, Florida, Texas, and Alabama listed. Ochlochnee High School Class of 1939 reunion planned for June 23 at the school cafeteria.
MENTIONED IN THIS ARTICLE
Ochlochnee
Viacation Bible School
Baptist Church
H. T. Montgomery
Thomas County Baptist Assn. Training Union
Midway Church
Cleburne Faircloth
Thomasville
Len D. Singletary
North
Georgia
Tennessee
Alexis B. Ham
E. Vernon Ellis
Ham
Neal Ham
Macon
Austin Nixon
Panama City
Fla
C. D. Nixon
Margaret 8
Mitchell County
Frank Alderman
Berlin
J. Gorham Garrison
Allen Rollins
C. L. Singletary
Valdosta
Valdosta State College
Sarah Minter
Sue Connell
Cairo
Identification of Air France crash victims nears completion
Paris AP reports identification of 19 of 121 American victims of the June 3 Air France crash is now underway. A four man U.S. FBI led team including C. Leslie Trotter works with French experts to identify bodies. Next of kin will be notified and bodies sent by Air France to destinations chosen by families.
MENTIONED IN THIS ARTICLE
C. Leslie Trotter
U.S. Federal Bureau of Investigation
Trotter
Air France
Paria
Atlanta Art Association
Europe
Paris
State Department
Washington
Auto Engine Fire Damages Home on Webster Street
Firefighters fought an auto engine fire at John Hicks's home 321 East Webster Street. Fire Chief W T Mc Kenzie said a battery cable short circuit caused the blaze with light damage reported.
MENTIONED IN THIS ARTICLE
John Hicks
E. Webster St
Adg
W. T. McKenzie
Medicare plan drawn to include hospital and nursing care
The administration proposed a hospital and nursing home benefit package for aged Social Security recipients paid by payroll tax increases. A draftsman’s compromise could adjust benefit scales and add funding for those not Social Security covered, with Treasury costs up to 150 million dollars yearly.
MENTIONED IN THIS ARTICLE
General Fund of
the Treasury
Meigs News Notes Highlights Local Guests and Graduations
Mr and Mrs Roy Alligood hosted guests including Mr and Mrs Talmadge Sullivan and Mrs J B Bowen of Tallahassee. Mrs James A Duren visited New Orleans with Mrs Frank Herring and others. The Bass siblings hosted Sharon Bass in Albany while W R Glenn attended daughter Mariella Glenns graduation at Russell College Milledgeville.
MENTIONED IN THIS ARTICLE
James A. Duren
New Orleans
Frank Herring
Thomasville
Sharon Bass
Ronnie
Ann Bass
Albany
W. R. Glenn
Mise Mariella Glenn
Russell College
Milledgeville
Also Mentioned on This Page
ORK
New York Stock List
Columbus
Moultrie
Dothan
Jacksonville
Lima
Tallahassee
T. Marks
J. A. Hachimczyk
Griffin Let
Mary Mullooly
James Mullolly
Mullooly
Mysself
Ing
His Sister
Jersey City
N.J
Exclusive Creek Club
Locust Valley
Long Island
Manhasset
Georgeanne
Sewell
Yazoo
Knapp Hardware CO
J. V. Frierson Sr
Mrs. House
Buck Brew
James Lane
Sherman, Tex
Eula Rawls
Katie Rawls
Francis Knight
Blountstown
H. L. Bulloch
Rodney C Wurst
Amarillo
W. H. Wurst
Wurst
Air Force
Jewell Wurst
Donalsonville
United States Brewers Association
J. E. Brown
Enim
Meigs News
Joe Harvey
Ben and
Robert
Peter Zack Geer
Swift
Brooks County
Maxwell House
Groc
Mkt
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