Market Slide Brings Worry to Brokers and Stockholders
New York AP report outlines a deep market slide erasing about 66 billion in value since the prior peak with 22.99 million shares traded. Analysts warn of potential contagion to the economy, while some see a psychology-driven decline and others anticipate bargains or a Kennedy era adjustment. Major fallers include IBM, U S Steel, American Telephone, Litton, Polaroid, Beckman Instruments, with oils and gold stocks showing resilience.
MENTIONED IN THIS ARTICLE
Jack Lefler
AP Business News
NEW York (Ap
New York Stock Exchange
Martin Gilbert
Walston & Co
Bruce P. Dohrman
Reynolds & Co
San Francisco
Ernest Ochs
Sutro Co
Los Angeles
F. J. Henry
Coutts & Co
Atlanta
U.S. Steel
American Telephone
Lionel
U. S. Vitamin
Litton
Polaroid
Beckman Instruments
Jersey Standard
Standard of California
Socony Mobil
Stock Exchange
Wall
Kennedy
New Acrylic Floor Finish Promises Lasting Shine
Miller's Hardware at 112 N. Loudoun St introduces New Lasting Shine for All Floors featuring acrylic compound to replace waxing. Seal Glass finish resists yellowing and water spotting, is slip resistant, suitable for vinyl linoleum asphalt rubber tile wood terrazzo, and lasts for months.
Animal Believed Extinct Found Alive in Ocean
Washington report says scientists rediscovered a 400 million year lineage from somasteroids. Dr H Barraclough Fell of Victoria University argues the fossil group links starfish and crinoids, revealing living relatives after a century of doubt.
MENTIONED IN THIS ARTICLE
Science Service
Washington
Central America
H. Barraclough Fell
Victoria Univeristy
Wellington
New Zealand
Fell
Youngest great grandmother candidate in Memphis
Mrs. Anna Mae Jackson, age 48, may be one of the nation's youngest great grandmothers. She became a mother at 14 and a grandmother at 2, showcasing unprecedented early family milestones in Memphis.
MENTIONED IN THIS ARTICLE
Memphis, Tenn
Anna Mae Jackson
Custom Built Cadillac Is Buried at Sea
James Cormack of Wick Scotland buried his 22 year old custom built Cadillac in the North Sea after vandals burned his garage. He called the car a good old friend and said it had a decent burial after more than 200000 miles of use.
MENTIONED IN THIS ARTICLE
Cadillac
Wick
Scotland
James Cormack
North Sea
Cormack
Detroit
Jamestown Store Sign Oddly Reads Old Face Full
In Jamestown New York an erratic water fountain displays a sign reading Old Face Full provoking curiosity and amusement among shoppers as AP notes the quirky department store decoration.
MENTIONED IN THIS ARTICLE
Jamestown, N.Y
Jamestown
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