European Stars And Stripes (Newspaper) - April 15, 1962, Darmstadt, Hesse Is 1962 the stars and stripes Page 23 followed steel news i modifier ate recovery of tier of akan lowest Tell of the unfavourable reaction to Bike in the prices the heaviest in Over month during the churning con fused period which ended with moot steel producers withdrawing the threatened a ton Price in , the Market s response to the Price boost announced by " � " T " if " " Stock Exchange closing prices i a Mumm Mthm in my my Imam i a 1 1 111 1 Watt the b to town to Nim tue Tel Tain Stoel corp. Was highly a Orabie but the picture changed rapidly on reports that president Kennedy was furious with the wednesday s close the Preb Dent attacked the move As con iary to the National interest an mentioned possible antitrust action against the Industry on monopoly and or Price rigging charges. The Stern speech produced the widest sellout of the year on decline was converted into a rally late Friday when Inland and Kaiser steel refused to go Alotto with the other steel companies and Bethlehem the nation s second largest producer rescinded its planned Price steel and others also rescinded but not till after Friday trading the past a steel Price in crease has presaged a big Rise i Stock prices with such inflationary news sending investors chasing after common stocks As a hedge against dec Orting purchasing Power of the . Dollar. Pattern however in this instance the Market declined under the threat of Stern administration reprisals end widespread belief that the Industry was Only courting additional foreign Competition her and shrinking markets overseas by raising prices. In the Dow Jones averages. Industrials skidded 11.73 to 687,90. Rain 0,68 to 142.18, utilities 1-93 to 128.22 and 65 stocks 3.33 to 236.49. Trading for the week swelled to15,924,308 shares from 15jj86j90 a week earlier and compared with 23,670.470 in the same week of 1961 when Price were to a Sharp Post recession Advance. . Steel was the week s most Active Issue losing 2ft Points on 287.700 shares. Following it in vol ume were Reynolds tobacco Down 214, Bethlehem steel Down 1. Kor Vette up % on news it is going into door to door Selling and Royal dutch Petroleum up 1. At least partially reflecting some optimistic forecasts for the oi5 Industry in its annual report Blue Chip features included Dupont off 6, Union Carbide 3% and Eastman Kodak 2% in the Chemi cals plus american tobacco of i 3%, american Telephone 2 and Swift and co. 2%. Judge rejects motion to void Osi evidence Wiesbaden Germany a the judge presiding Over the espionage trial of air Force capt Joseph p. Kauffman saturday Over ruled a motion seeking to quash evidence obtained in a Fenrch of the accused s s civilian counsel George Latimer fought for two lays in an out of court hearing for the rejection of the specific evidence. He maintained that special air Force investigators had illegally searched his client s Home at at water calif., several lat Law accused the special agents of burglary. He termed the secret searches a violation of constitutional rights of his client. After the two Day Legal Wran Mutual funds prices i0 am �0 Bio it my Isje 15jd to few 1mt Iii Totmin Job emf of 8tton a hath Indarte apr. Is a. E bit asked Bio in i 134 ,0 Mai 141 14.31 .17 id.z3 a 9,b 2ij� 1198 4. I3.hj .� to my a i4jp i. 17 11.31 4.i� my t.46 is to .44 in Job 18.01 i.2 ts.90 t,7l i4.s7 Obj m2 s.�sim4 ,2 10.t8 12.84 11.73 Ttripi ltp.44 it. In m3to 12,41 i4.w �.j4 new York a Standard and poor s 500-Stock Index apr. 13 42s lpfqi1ri� 71.47 3i Biu 32.27 $0 atm ten 63.79 do so rfcs 67.90 a. G 7i.s 32.ss 54,37 Syi Ian army ends Border curbs As Kudsi takes Over Damascus Syria a the army saturday opened Syria s Borders and called off its emergency curfew throughout the country 17 Days after the military coup d eat. President Nazem Al Kudul who was released from arrest and in stalled again As head of state be Gan consultations to form a new civilian government to take Over from the ruling army High com Mand. To leave jail deposed Premier Marouf a Wal lbs. Members of his Cabinet and some members of the 172-Man parliament except those who a face trial were expected to b released from jail soon. It appeared Likely that the parliament elected last december would be dissolved after its Mem hers had already agreed to hand in their resignations. Kudul returned to the presidential Palace Friday night accompanied by members of the High command two armoured cars a soldiers carrying his personal be longing wrapped in n Blanket. De Gaulle will be asked to spare Jou Haud Paris a lawyers for former Gen Edmond Jou Haud said Satur Day they were seeking an audience with president Charles de Galileo plead against the carrying out of Jou Haud s death sentence. Jou Haud former chief of staff of the French air Force was sentenced to death Friday night for taking part in the Algiers generals Putsch last april and for his secret army organization Oas activities aimed at keeping Algeria French. Yves Perrussel a defense at Torney. Snid Jou Haud had informed his lawyers in a letter that he did not wish to seek mercy from do Gaulle. Pc Russel said however that he and his fellow lawyers Tell an Effort should be made on Jou Haud s behalf and that an audience was being sought with de , in Algiers the Oas ordered a general strike to protest again at the death sentence imposed on strike order was passed on by Telephone and word of Mouth during the midday All stores restau Ranis and bars in downtown Algiers had closed. In Oran electricity Gas and Tele phone services were disrupted by strikes following the death sen tence. Filing the judge. Cot James s. Cheney announced his decision. The motion is overruled a calmly announced in the tension packed third floor courtroom building at Wiesbaden air base. Then the Case was adjourned until monday. Latimer had cited 16 court decisions in his argument for a a tense motion to quash the affidavit Tor a search warrant the search warrant itself and notebook be longing to Kauffman and confiscated by investigators at Bis apart ment Latimer is a former Melba of the . Court of military a Mennel. The prosecution s Star witness took the wit Ness stand Tor 35 minutes in an out of court hear ing saturday. Maennel has testified to the fun court bearing be fore. He has identified himself As former officer in the East German intelligence serv ice who was to Contact with Kauffman in 1960 when Kauffmon is charged with having committed the alleged crimes. Maennel defected to the went june 29. 1961. He has said he wrote a set ret cover address in it Berlin into Kauff Raan s notebook. He testified saturday that a never received any mail from Kauffman via the cover , 43, is charged with betraying . Defense secrets to the East German espionage Servio which according to court test Mony turned his information or to the soviets. Kauffman born in Rutland it and educated in new York pleaded innocent on the second Day of i trial which opened last tuesday. Latimer based his burglary accusations on testimony or special agents . Raymond White of the air Force office of special investigation Osi at Washington. , admitted entering Kauffman a a water Home four times without a search warrant. And be admitted searching without a warrant the times for a total of 104 Boura. Taking has testified that on a agent were with him then. The times listed for aft Ujj Pogrob pm Icmat Jijun zip Itje Strum in Como 1700 ctr maj 1730 new
