Wall Street Steels Rally With Heavy Trade Across Markets
A tech rally gains pace as steels lead a broad stock advance at noon with the Dow up 3.56 to 560.91. IBM, Polaroid, Lukens, U S Steel, Republic, Jones & Laughlin and Union Carbide push higher while GM gains and Ford slips amid mixed bonds and continued heavy trading.
MENTIONED IN THIS ARTICLE
New York
IBM
Polaroid
Lukens
U.S. Steel
Republic
Jones & Laughlin
du Pont
Zenith
Union Carbide
General Motors
Ford
Chrysler
American Motors
Studebaker-Packard
American Stock Exchange
U.S
New York Stock List Shows Wide Mixed Moves Across Markets
New York stock list names numerous companies with varied gains and losses led by Am Sugar, Allied with strong showing for Hercules Powder and American Can. Prices up 25 to 41 percent from prior week close, with many values in the 10 to 60 range and notes of 240 to 270 pound weights for itemized listings.
MENTIONED IN THIS ARTICLE
New York
Gt A&p
Greyhound
Acme Steel
Gulf Oj
Air
Baker
Kress
T&t
Suth
Ligg & My
Amour
Lorillard
Atl
Lou & Nash
Patcock
Macy
Ohio
Masonite
Fds
Mols How
Bell & How
gMonson
Beth Steel
Cater Trae
Pepsi Cola
Ches & Ohio
RCA
Chrysler
Col Palm
Rexall
Collins Radio
St Regis
Seabe AL Rra
Cruc
Seare Roeb
Delta Air
Sinclair
Dow Chem
Socony
S- Pont
East Air L
Sperry Rd
East Rod
Std Brand
P&l
Swift
Texaco
Foremost Dairy
Unit Airc
Eleo
Hog Receipts Reported Across Southern Markets
Hog receipts totaling 2,800 reported today at Albany Columbus Moultrie Thomasville Ga and Dothan Jacksonville Fla and other markets. Prices hold steady with U S No 1 190 230 lb barrows and gilts at 18.00 to 18.50 and some No 1 18.75. Bulk No 1 180 240 lb at 17.50 to 18.00, largely 17.75 to 18.00. No 1 2 160 180 expected.
MENTIONED IN THIS ARTICLE
Thomasville
Albany
Columbus
Moultrie
Dothan
Ala
Jacksonville
Fla
U. S
Chicago
Georgia
North
South
Fila
Lima
AMA names Edward R. Annis as new chief surgeon leader
Dr Edward R Annis a Miami surgeon and long time AMA spokesman is elected president elect of the American Medical Association at its five day annual convention Annis will assume the post next June succeeding Dr George M Fister He was chosen over Dr Raymond McKeown in a 142 65 vote The AMA reaffirmed opposition to the King Anderson bill and backed Kerr Mills style support for elderly medical care
MENTIONED IN THIS ARTICLE
Chicago
American Medical Association
Edward R. Annis
AMA
Kennedy
House of Delegates
Annis
Miami, Fla
George M. Fister
Ogden
Utah
National
Speakers Bureau
Raymond McKeown
Coos Bay
Ore
King-Anderson
New York
Walter Reuther
United Auto Workers
Kerr-Mills
Basis for gloom on recession lists mixed signals
AP analysis notes Wall Street fears a near term recession while Washington pledges caution. Despite mixed indicators, many firms report steadier outlooks as construction hits a new peak and auto sales rise, even as orders for capital goods and steel production soften.
MENTIONED IN THIS ARTICLE
AP Business News
New York
Wall Street
Washington
Assembly Study Group Proposes 159 Member Georgia House
Georgia lawmakers consider a reapportionment plan for a 159 member House with one member per county and a population based Senate. Four year terms for all legislators are included. The plan needs a constitutional amendment and voter approval in November. Caution noted over possible federal court challenges if current House size is reduced.
MENTIONED IN THIS ARTICLE
Atlanta
House
Senate
Joe C. Underwood
Georgia General Assembly
Congress
Guy Rutland
DeKalb County
Congress Acts Last Ditch More Bankrolls Uncle By Joe Hall
Congress moves to finish fiscal year 1962 business after raising the debt ceiling to 308 billion for most of 1963. Diplomats, conferees clash over spending, export controls, and sugar act while taxes from Korea War era persist. Conferees meet again after a chaotic session.
MENTIONED IN THIS ARTICLE
Congress
Washington
Senate
Also Mentioned on This Page
Wall Street Report
Steels
New York Stock List
Peo
Benjamin Moore
Dawson Thomasville
North Georgia
F.o.b
Anti-Medicare
New Ama
Turkey
David Fielding
J. R. Fielding Ochlochnee
Izmer
Lackland Tex
Columbus Afb
Miss
Business News
By Sam Dawson
Assembly
Dan Flexer
Glynn County
Kelly L. Highsmith
Mra. J. O. Highsmith
Boston
United States Air Force
Barwick High School
By Joe Hall
Appropriations Committees
C. C. Shipp
Broad
Tuck Imp. CO
W. Jackson
Times-Enterprise
Ats Greminist
Dil
Yi G
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