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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
May 16, 1960
Page
13
Chicago Livestock Market report shows hogs 300 head mixed by weight with most sorted for weight and grade and prices around 17.25 to 17.50 for midweights. cattle receipts about 22 000 with steers steady to higher, highs up to 32.25 per cwt for top lots and cows from 6.75 to 22.00 per cwt. Markets note no early sales and limited stockers and feeders.
At 7 56 a m two cars collided at E Piccadilly Street and East Lane injuring Teresa Ann Gibson age five of Baltimore. A 1955 Chevrolet and a 1947 Plymouth sustained 1900 and 40 dollars in damage. State Trooper L P Coverstone logged further crashes on Rt 11 near Middletown and near Bufflick Road with minor damage figures. A dabchick note describes a four toed diving bird found in Europe and North America.
In a tense exchange President Eisenhower and Soviet Premier Khrushchev debated U2 reconnaissance flights near Sverdlovsk. Khrushchev pressed for a wartime style pact while Eisenhower warned against concessions that could justify espionage. The dialogue underscored the struggle to balance security with diplomatic dialogue.
Plans to propose a global aerial surveillance system to monitor attack preparations. The United States resists UN oversight while supporting rapid international organization. Khrushchev and Eisenhower walked out of talks as Macmillan and de Gaulle urged a resumption.
Reported space ship launch last January linked to a "super rocket test firings" into the Pacific. Observers note the satellite’s orbit reaches 225 miles high with 18842 miles perigee as Pravda praises the mission amid Western concerns over spy flights. NASA experts caution about re entry and manned recovery challenges while others question Soviet claims.
The administration defends current military and economic aid to allies as critical amid Soviet rocket threats. Congress seeks sharper reductions, with a 24 billion dollar target and a 2 billion item under scrutiny, while defense support remains at 675 million dollars, 49 million below a prior recommendation. The law adds a congress access section on foreign aid data, with executive veto power to withhold details.
Senate leaders and House aides debated the Khrushchev Paris summit fallout with Sen. Everett Dirksen noting Soviet alarm at Eisenhower prospects and Rep. Cannon calling it a diplomatic victory while lamenting the 1956 nominating mood and urging continued summit participation.
Market activity remained vigorous with varied gains and losses across sectors. Airlines and defense stocks posted mixed results while autos and petrochemicals dipped. Dow Jones and AP indexes showed modest declines. In Baltimore, apples and potatoes commanded stable to modest prices, with USDA cattle and hog markets showing active slaughter volumes and mixed movements in steer and gilt prices.
Virginia markets list grain prices in Richmond per bushel. No 2 Red Winter Wheat at 1.96. No 2 Yellow Shelled Corn at 1.33. No 2 White Shelled Corn at 1.38. No 2 Oats at 0.75. No 2 Yellow Soybeans at 2.02.
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