Kennedy Crash Bear Market A Challenge Not Disaster
A written exploration argues the Kennedy bear market, started December 12, 1961, is a test and not a catastrophe. It analyzes causes from overspeculation to policy shifts, notes diminished financing, and warns against eroding trust between government and business while urging dispassionate balance-sheet assessment.
MENTIONED IN THIS ARTICLE
Horace Walpole
Wall Street
Standard & Poor
New’ York Stock Exchange
Dow
Kennedy Bear
Stock Exchange
Gertrude Stein
Kennedy Beach
Federal Reserve Board
Wall
Washington
Theodore Roosevelt
Inn Morgan
Northern Securities Co
Great Northern
Northern Pacific
Franklin D. Roosevelt
White House
Kennedy
Caroline
Secretary of the Treasury
Dillon
Commerce
Hodges
Soviet Union
Khrushchev
America
Ford Foundation
Ford Motor Co
Securities and Exchange Commission
Stahrl Edmunds
Discouraged Selling Presses Stocks Lower in Final Hours
New York traders ended a volatile session with a sharp market drop as discouraged selling pushed stocks to daily lows. International Business Machines led declines, down about 23 points, while Polaroid and Xerox fell around 9 and 7 points respectively. Gold miners rose, Litton faded, and Du Pont, General Electric, and Eastman Kodak fell roughly 3 points. Ford and American Telephone slipped over 2 points. The ticker lagged five minutes behind transactions.
MENTIONED IN THIS ARTICLE
New York
Polaroid
Xerox
Litton Industries
du Pont
General Electric
Eastman Kodak
Ford
American Telephone
Metals News Roundup From New York Markets
Spot nonferrous metal prices in New York on June 2 show copper at 4 cents per pound, lead at 6 cents, zinc at 2 cents, and tin at 1 3/4 pounds per pound. Foreign silver trades at 1.012 per troy ounce.
MENTIONED IN THIS ARTICLE
York
Connecticut Valley
New York
East St. Louis
Livestock market report highlights steady to lower cattle prices
In Phoenix and Los Angeles stockyards trade for slaughter steers remained active with prices steady to 25 cents lower. Heifers were moderately active and mostly steady. Readings show 925 to 1,050 lb steers at 25.50 to 26.00 with delivery through mid July. 750 lb to 950 lb heifers at about 24.75 to 25.25. Los Angeles listings note 1,700 salable steers, 1,060 lb at 23.50, cows 13.00 to 17.00, calves firm to 25.85, and Holstein bulls 19.00 to 21.00.
MENTIONED IN THIS ARTICLE
Fibaus National Regeer Rh Co
Alan Wood
Bal
Arizona
Bank Venecens
Alles Cp
Oak Mtg
Bank, of America
Electron
Occidental Petre
Chase Man
Prirof
N.Y
Tree
O'oklee
Chao
Ariz
Ark-La Gas
Atlas
Hanover
Atlas Ce
Morgan Guar
Audia Dav O
Wee Valley
Phoenix
Banff
Polarad
Indote
Preston Mig Sheese Beneficial Ltd
Chris Coa
BOM Barnes Eng
Reeves
Franklin
Bayview
Hartford Fire
Belock
Pet Sae
Ata Savage Arms
Reese
Eos
BSF
Hilwey Seeburg Cp
N mM Traveters Inc
Sheryl Pwillfemns
Industrials Cdn Mare
Albertson
Hh Tees
Carnation
Baiver
Creek Pree
Anheuser Busch
Christiana Oil
Va Sinser Ltd
Arden Farms
Sonotone
Va Ariz. Bancorp
Clark Controller Sa Md Spen Shoeane Oe Aviz
Agro Chem
Clary Coram Vene
Arete Gil & Gas
Sperry Rand Starrett
Bayless
Mm. Blail & Co
Mie
Starrett
Bonanza
Wa Statham
Botany Ind
Abe
Shea Davidson
Oat Syntex
CPN
Brunswig Drug
Ada
Devon
Fei
Tel-Asiga
Duval Sul
Tb Tenny Eno
Si Cross Co
Dynam Am
del Webb
Chiswa
Denver
Ta Equity
G&g
Oelhi-Taylor
Eureka Cp
Victoreen
Dow-Jones
Choe Frontier Aiines
Deaver
Fargo Oils
Teaadeatene
Incon
Horizon Land
Winterest
Firth Sterling
Webb & Knapp
Ohio
Reg Pan Sd
Lone Star Steel
Glanning Con
Gault Oila Steetves
Okla Gre
Vaynte
Yel
Witsen
Owens
Schickle — AB
Gil
Screw&Bolt
Amer
Abbott
Scantiian
Elect
Ous
Mallinger
PacCem&Ag
Wwe
Scott Foresman
Holly Strou
Colum Gas
Linaimien
Aire Rey
West
Asch & Gen. Fav
Hewlett Pk
Sham O&g Mu
Tex
Star O, & G
Ir — Adams
Heyden
T&t al
Sharan
Wailton
Shell Oif
Enya
Adeiral
Shell Tran
lilAn Sa Ulalk Frutt
Kawecki
Hooker Ch Wien
Parke
Shelly
Kirby Petro
Ales
Consom Coal Ag
Peabody Cleat
Va Smith
Citz
Il & Tr
Kirk Nalus
Aldens
Consum Pw
Penn Dix
Smith Cor
Alleg Cosi
Es Penney
Fe Smith KF
Electra
Wa Houst L & P
Pennsait
Gypsum TV
Nevada Power
Meenes
Jen Mead
John Es
Howe Snd
Ra Pwalt Web Sogany SoAm Gap
Par
Pwr & Lite Y.sestae
Fvenasco Allied Ch
Hunt Fda
E&g
Af N. Ms
Alfred aAlits
Peoples
Alfred Strs
Tucson Gas & Elect
Nlvaders
Ailis Chal
Coop Bes
Peps
Colanly Southern Ca
US Steel
United Unity
Aeqoe
Monosram Press& VA Alpha
Idaho
Perkin Elm R
Geox
Usinitles & Bad
Morse Enca
Alcoa
Corn Pd
ASV
Ceol
Pilzer
UN Wholan
Hae
Me Mater Co
Va Amerads
Corning Gt
bYa JI
Me Phelps
ST Ads Swest PS
Va Univ Gye S
Wah Nachman
Am Ag Chwe
Crane Co
Indpls Bc Phil
National Co A Ty — Am Brksh
Ms Crown Cork
Iweand
Paul Pet
Ya Sniege Ag
Univ
Odin Bo
Crown Zell
VA Pillsbury Alva
Utah P&l
el Pw
Vanad Cp
Enka
Curtis Pub
Saint Nick Xe
FutIston Co
Varian Ax
Curtiss Wr
Pko
Et Verda
Am&f Pw
Stauff
Hesplt
Dana Ce
Wai Walker
M&f
Decca Ree
Johns
RCA
Jon Losan
Sweets Co
Diana Sir
Jones & L
Ralston
Swift & Co
Rayonler
Divco Way
Kaiser al
Ph Raythean Ta Talcott
Am Tel&Tel
Telautogr
Doug Alre
Rellan el
Westy & BK
ZOO
P&l
Repub
Cora Fur
Texaca
Kellogg
Stae
Tex East
Kendall Mw
Revlon
Tex Gas
White Mat
Ambh Borg
Kennecott
Rex Dryg
Amsted
Kern
la Az
Reyn
TWA Tex
Va Wickes
DWG Ciy A
Kerr McGeerd
Vwva Tex Ings
Wilson & Cox
Atse&— Sa Keystone
Rheem Mf
Tex P C&o
Winn Dix
el Pwa
Hs Ander Glayt
Eagle
King Seel
Rich Merrell
Yo Woolworth
Arch Dan
Va East Air L
Richfield
Textron
Ariz Pv Mwy
Rob Fulton
Worthington
Armco
Thiakal
Wrigey
Jos Armour & Cadd
East Kod
Ie Kroper M+ Rehma
Ae VP
Wyan
Late Armst Ck
Wy Eaton Mis
Va Kvp Suth & WY
Rohr Corp Ry Vw Thome RW
Rub
Eds Br Sir
Ronson
Tidewat Oil
Va Ashi Ofr
Royel Guldo
Xerox Cp
el Auto Abva
Ryder
Lehman
Safeway
Zenith
Aya Aveo Corp
Eversham
Ana
Thea
da Ya & T
Bas Fairmant
Fanskel
Bausch & Lwb
Usva
Fedd Corp
Lorillard
Fas Udé
Va van
Lou & Nash
Beaunit M
Fed
Str
Lowenstein
Ma Beckman
Sma Feneska
Lukens Sf
Beech Airc
FerroCp
Bell & How
MacAnd & FE
Bell
Na Bendix
Firestone
Macy
Madison
Benguet
SPA
Best& Co
Magnavny
Bestwal
Flintkote
Mann
Stee Wa A
Marac
Bigelow
Fla P&l
Black&Dec
Va Blaw Knox
Farrete dAara Cam Ie
MCA
Borg Warn
McCall
Boston &Me
Freent Sul
McCord
McCrory
Briggs
McBon Air
McGraw Edie Wee
Gabriellia
McGraw
Brunswick
Ta Gamble Sk Saey MacIntyre
Bucy Erie
Woodaby
McKess & R
Budd Co
Garrett
AP Business News
Bullard
Mead Cain
Chicago
Aderck
Burroughs
Maergen Lind
Maergen Lind A 2 -1 Board of Trade
Mesabi
Middie
Gen Motors
Carr & Gen
Carter
Ae Marsan
WADA
Gen Tire
Morrell
Genesco
Fey
Fe Gillette
Gimbel
Cessna Air
Goebel
Goodrich
Soei
Nat Dairy
Chas & Oh
Haserrou Romeo
Nat Steel
Msp&pac
Newberry Neptune
Talat Uy
Greyhound
Soyseans
Chrysler NS
Newmont
GUI Mob
NY Central
Norf&West
Clark
Halliburton
Ras Bas Cluett
Bia d. Wale
Northrop
Phoenix —.Y
Los Angeles
City of Industry
Cattle Hogs Calves and Sheep Prices From Kansas City
Kansas City market notes show calves at 25.75 high, steers and heifers 23.50 to 25.00, cows 15.50 to 17.50, feeders 24.90 to 27.25, hogs strong to 2.50 higher with 214 Ib at 17.00 and 250 Ib at 16.50, sheep 35 head steady with prime lambs around 24.25 and ewes at 4.25 to 5.25.
MENTIONED IN THIS ARTICLE
Kansas City
Calle
Wis
Lusk Trial Nearing End In Custody Case
The Superior Court divorce trial of Robert F. Lusk Jr. neared its last full day of testimony with the corporation president answering questions about his finances. His ant testified on finances while Mrs Kay Lusk's lawyers prepared rebuttal, custody of three children and community property division are contested.
MENTIONED IN THIS ARTICLE
Superior Court
Robert F. Lusk Jr
Corporation
Lusk
George Tipescu
Kay Lusk
Robert O. Boylston
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Europe
By J.A. Livingston
Eisenhower
Congress
Robert
Lichty
United States
U.S
American Stock Exchange
NEW York Stock List
Claas
National Car Rental
22Nd St
Propertus
Dept . Sc-4
THE
Keystone Company
Congresa
Boston
Masi
NEW York Stock Exchange
E. F. Hutton and Company
Investors’ Service Department
East Pennington Street
Tucson
American Auto Rental
N. Stone
Charles Moore
National
Life of
Vermont
E. Broadway
American Homes Assoc
Broadway
Charles Ventres
Tucson Realty & Trust Co
Nancy
H. J. King
USAF
Davis-Monthan Air Force Base
Arizona Capital Corp
Small’ Business’ Act
Tucson Realty & Rere Co
Stone MA