European Stars And Stripes (Newspaper) - March 25, 1962, Darmstadt, Hesse                                15, 1962 the stars and stripes Post 23 Flor Bear Mode much Money held steady trading Light Dpi neither Selleri made the tick Market Luke held to la relatively Light trading for this time of  the popular averages the Market suffered three moderate de Clines then Itea led in the final two sessions with buyers taking Exchange closing prices j  it Sefc am 7 it to to Isitt i a 4zu my 7 4 Isk t 44 it. 71 Mith Hin to is 44. Msj m pc 2 a. 7s she. 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A h1/ 41v. 22 itt i 71n a ids 38 a m1 71 i m 3 i my 6us s2v 47 14v 27/in 11 � 43v. 72 to in 17 Ziv m w i 3 103 so1,73 Mutual funds prices i pm tin. It. Mir. U Mir. Ibo asked Bio 1.4  1.41t.g t Ai  i6it kit it."1,12  so 1.14 i0.lt .4i ? la i2.m 11.71 21 m to  la. 4.m Pijl i7.w 18.41 1117 2j-04 ii.c3 12.17 la to 12.21  11.46 19.41 17-w 141 7.m Tom Zijm 21 w 11.77 14.04 1.61 77 h.41 m. To Tom l-71 tj3 m2  Ifil 9.4i 17.1 4 iij1 i14n 1i.m j.7� ii 14.7f 7.18 7.78 7j4 of my it Mem 4ji 11.71 1.4i 1,14 14.11 11 m my my 174vn  4� Tolj ll.4t 11.44 17.17 m4 4j�  i2.s1 11.41 944 6-47 11 d  .7tin  14.11 22. If 1.96 a l7is.m   to vol. A. To a of innit. Trutt cd be i Tan Johnthen Mutual racy tint b4 Kytt Nickl  t kit l pm. 20.02 10.06 14.81a. Be s-99 21.44 13 a i a 1.1416.62  3.00 1.07 11.10 is 81 3.49 �.j7 0.00  is. 47 i4.m 17.07 11.11 12.11 Iso 10. S v.91 20.71 11.04 10.13 4s.7 8.44 13.70 11-47 -44 4.13 11.13 1.77 12.54 11.20 7ji 3.12 11.3 the upper hand in the final half hour of trading. The Early Selling pressure reflected some further spotty Busi Ness news which once again raised doubts that the economic recovery was Gett lag Back into gear As was generally believed a week earlier. Perhaps the most distressing eco nomic statistic of the week was a new York a Standard and poor s 500 Stock Index Mink a of Tali a 421 and Prtrt it 74js 74, w 21  ust h Ulm the m. 64.m to it two 70.41 7i.�4 fourth consecutive decline in construction activity during february to a 14-month Low. This put build ing material shares into reverse. Also there was a virtual news blackout from the important steel wage negotiations in Pittsburg which put a Damper not Only on steel issues but also on the entire Market. Auto output was scheduled last week at o 2-month High and a University of Michigan Survey re ported big Spring buying plans among Consumers for new cars. However worries about inventory Levels held a tight rein on mos Auto issues. A is could Smirk silly Market technicians stay that in tin Market s apparently sold Oul present condition a news development of major significance sur i is o steel settlement with inflationary overtones could pro it  Fust rally to the without the necessity Lor a great expansion of trading volume. In the Dow Jones averages. Industrials closed at 716.46, off 65 mils at 144.40, off 1.43 utilities Ati w.55. Up 0.04, and 65 stocks at 243.81. Off 1.7l trading for the period amounted to 15,831,030 shares compared with16,465,460 shares a week earlier and 26,984.035 shares in the Sam week of 1961. Graham Paige Active Graham Paige ranked As the week s most Active Issue closing unchanged at 3 on 146,500  was followed by Royal dutch off Liel paso natural Gas up i Standard of  h. An Burroughs widely recommended in recent Market letters up 3%. Blue Chip highlights were Dupont Down 5v4 on profit taking american Telephone 194, anaconda2 in reaction to a 125.000 share secondary offering International Nickel 24 and . Steel. However Procter and Gamble gained 2% and general foods 1%. During the week 1,488 issues were to tided. Of these 520 advanced and 787 declined. A total of 212 Rit 19g2 if is and 148 struck new lows. Bonn activates 1st postwar sub k1kl. Germany the . Government has accumulated $&25billion Worth of 12 items for its National strategic stockpile at Acost of 5552 million above present Market values. A breakdown of the 12 items made available to members of con Gress after president Kenned lifted the secrecy Label on them showed All Are held in greater quantities than the amounts calculated As necessary for a three year War. Or. Kennedy ordered the secrecy restrictions removed in preparation of a Senate investigation scheduled to open soon. The excess about which  complained ranges from 14 per cent for Copper to 78 per cent for Zinc. With other items which still Are classified As secret this particular stockpile has on hand or on order $2.2 billion More than its actual requirements. This is Only one of nine different stockpiles under which the govern ment has accumulated $13.9 billion in materials including $5 billion in surplus agricultural commodities. An additional stockpile of nuclear materials is not covered in an Public i port. Sen. John j. Williams. A it. Told the Senate that in Many instances hundreds of millions of dollars have Ben spent for unnecessary items accumulated in the  the government could make Money on some of the strategic items it holds if it could dispose of excess without affecting Market prices Congress members were told in the report they received. It could sell its excess of alumni num for $34 million profit and could make $114 million on Copper $34 million on molybdenum $74 missing plane search in Pacific called off Guam a the . Navy and air Force announced that the search has been called off for a flying Tiger lines super Constellation with 107 persons aboard that has been missing in the Pacific for eight Days. Spokesmen said that nil military and civilian ships in the area will continue to be on the Alert for some sign of the missing plane however. Million on Nickel and $92 million on tin. But these gains would be More than offset by losses of $95 million on chromate. $72 million on Cobalt. $115 million on Lead. $203 of Alloa on rubber $314 million on Tungsten and $64 million of Zinc. . Polar mercy trip called of Washington a the Navy icebreaker Glacier More than half Way on a 5.205-mile mercy Mission has reported that the South Afri can ship it was going to help has broken out of the Antarctic ice unaided. The Republic of South Africa now is in open water and apparently assistance not required the Glacier radioed headquarter sat Christchurch new zealand. It said a decision is being made on the Glacier s next port. The 8,600-ton icebreaker left Lyttleton new zealand March 14 on its Way to Aid the Republic of South Africa then stuck on the ice 5,226 Miles away. Covered 2.634 Mue the Glacier had coveted 2,634 Miles much of it through heavy seas. It still had 2,592 Miles to go to reach the ship off an tart Lea s Princess Martha coast the ice breaker was due to arrive ther in another six Days. The Glacier rated the mos powerful vessel of its Type in the non communist world had Only just returned from an exploratory voyage along the Antarctic coast. The Republic of South  ship for a South african scientific station in the Antarctic had become fast in the in March 6. The South african embassy Hen had asked for help since then was danger the ship might a crushed by the ice. Left waiting after the Char London up mrs. Eileen Smith whose husband deserted her on their wedding Day eight years ago has been granted a divorce. 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