Market Review Wall St. Awaits Traditional Rally
Wall Street eyed a year end rally as the Dow slipped 0.57 to 728.23 and the AP average fell to 265.10 while the S P 500 hit a 1961 high of 72.04. Trade showed consolidation with tax loss selling and sector swings as steel, autos, and auto parts waned then rallied amid bargain buying and strong demand for blue chips.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Standard & Poor
General Electric
Westinghouse Electric
Automobile Manufacturers
Assn
American Telephone
General Motors
Standard Oil
New Jersey
New York Stock Exchange
San Diego Imperial
New Council Agenda Deadline Set by City Officials
City officials announced a Wednesday deadline for all council agenda material to avoid last minute scrambles. Items from the public and city departments must be filed at the city clerk's office by 5 p.m. the preceding Wednesday to be on the agenda. Mayor Lew Davis ordered the change, with City Mgr. Porter W. Homer directing department heads.
MENTIONED IN THIS ARTICLE
Lew Davis
Porter W. Homer
Debits Up 16.1 Percent in Tucson Week
Tucson Clearing House Assn reports debits for the week ending December 6 totaling $65,353,050 up 16.1 percent from the $56,275,589 posted a year earlier. Ten years earlier the figure was $18,609,139 for the same week.
MENTIONED IN THIS ARTICLE
Tucson
Tucson Clearing House Assn
JFK Safety Arranged In Venezuela
In Caracas a White House aide team led by Pierre Salinger arranged security for President Kennedy’s visit amid violent anti U.S demonstrations. Three unidentified gunmen killed a policeman and wounded another in what is described as a terrorist campaign, with leaflets calling for protests circulating. The toll of officer deaths in the past week reached five.
MENTIONED IN THIS ARTICLE
Caracas
Venezuela
White House
U.S
Kennedy
Pierre Salinger
Drug Curbs Could Affect Space Plans, Senate Told
Senate hearings on Sen Kefauver's patent bill heard warnings from Aero Space Industries Assn. that drug patent limits could hinder space flight research and fallout medicine development. Industry leaders argued the changes would reduce incentives for pharmaceutical and medical research, harming aerospace and public health progress.
MENTIONED IN THIS ARTICLE
Senate
Washington
Franz O. Ohlson
New York
Aerospace Industries Assn
Sen
Estes Kefauver
D-Tenn
Kefauver
Ohlson
Titrust and Monopoly
Robert B. Semple
Wyandotte (Mich.) Chemicals Corp
Manufacturing Chemists Assn
Pharmaceutical Manufacturers Assn
Chester J. Cavallito
Irwin, Neisler & Co
Decatur, III
Tucson Tonight Tomorrow Schedule Of Events
Readings by Gail Jaffe at Jewish Community Center. Penny A Pound Airlift at Tucson Municipal Airport Hiway House hosts Old Pueblo Bird Club Show. Concert by Ramon Machado Mexican Orchestra at Armory Park. Nativity Scene pageant at Pima County Courthouse Patio. Film The Story of Jesus at University Auditorium. Contributions welcomed.
MENTIONED IN THIS ARTICLE
Tucson
New Tower
Hiway House
City Parks and Recreation Dept
Tucson Musicians Union
Ramon Machado
Armory Park
Pima County
Jesus
Charles Forbes Taylor
Sunday Evening Forum
University Auditorium
Cattlemen Appeal U S Disaster Committee Move
Earl Horrell, outgoing president of the Arizona Cattle Growers Association, told members at their 58th annual convention in Phoenix that the state group was ousted from the U S Agriculture Department disaster committee for not backing disaster programs. He warned that agencies may soon advise on droughts, signaling dictatorial control.
MENTIONED IN THIS ARTICLE
Phoenix
UPI
Earl Horrell
Arizona Cattle Growers Association
U.S. Agriculture Department
Horrell
Cattlemen
Arizona
Association Convention Proceeds With Business Sessions
Very little knowledge or experience. The association's convention continued today with business sessions.
MENTIONED IN THIS ARTICLE
Association
Church Benefit Plea Amid Sale for Communist Daily Worker
The Rev. Colin Gibb urged church elders to cancel a planned sale at his Aberdeen church to benefit the Communist Daily Worker. He emphasized the action conflicts with church principles and appealed for withdrawal of support.
MENTIONED IN THIS ARTICLE
Daily Worker
Aberdeen
Scotland
Colin Gibb
Also Mentioned on This Page
Market Review
Wall St
General Telephone & Electronics
American Stock Exchange
Great Basins Petroleum
Associated Oil & Gas
Occidental Petroleum
Stanrock Uranium
Pilin
Westinghouse
Stereo Records
Kal Rubin City
Anneme
Fean Decorator
Zenith Wringer
Zenith
Ykaibrubins
APERN
Wilton
JFK
Gail Jaffe
Jewish Community Center
N. Plumer Ave
E. Broadway
American Homes Association
E. B'way
Gmall
The
Arizona Baily Star
Tucson Baily Citizen
Tucson Newspapers Inc
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