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Publication: European Stars and Stripes Sunday, April 22, 1962

You are currently viewing page 23 of: European Stars and Stripes Sunday, April 22, 1962

   European Stars And Stripes (Newspaper) - April 22, 1962, Darmstadt, Hesse                                April 22, 1962 the stars and strikes of tension bet Loti administration steel iced Back strongly after month decline York Opp the Stock managed a sizable recovery Mongmong decline it & Weiju Tatiom orb tween  Ken the nation s steel com thaw la steel gov relation after the pre Battle Over prices favourable business and a Batch of favourable brat Quarter earnings reports fro Many industries contributed head try to tto Tot Day week recovery. Ehn Tratton of Tome pressure by the part Fig of the tax Selling dead line pad a climb in the Short inter est in Sutlon in the Market to a for Sounth High were also helpful influences not ret dipped moderately on monday after the steel com All rescinded their $6-a-Tonprice increases. But when Roger Blough chair Man of u3. Steel and the presi Dent held an apparently cordial meeting and the latter said there was no room for  since the mistake was corrected the Market staged a cautious but steady recovery until it closed thursday for the Long Holiday weekend. However there was some feeling along Wail Street that the steel Price struggle May have injured Long Range investment demand braising fears that future markets May have to contend with a less favourable and More closely super Vised business  the Market was generally regarded to have been Heavil oversold As the rally began Brok ers were hopeful of a further army copter Pilot is Russ Speed Mark a.  ton special army Pilot capt of Oliaro , , flashed world s Speed record at if Elbl breaking a rus that has existed for Al years. Flew his yhu1d Iroquois Over a bossed circuit loafers warning w  in the of a a tvs a a to Tymn who Titi i my to Eftim Titan Isis Hmoih pwt it Utt i44� a or flu to mall t twp qft2 .4"iy�imiij i witty Ihl Lui Sll a Jupi maid car in /. Ism  ji30 Tow he Troi 0030 Wrt Flur a a Vav Fum a mile Jug her mrs. Soma pol says she beat the Wom ears skydiving record by More Tui � mile but Shell have to do it All Over again to make it official. The 24-year-old Tracy calif., woman jumped from 19,800 feet Topping the record of Boxen by Boom at  with 1mw feet but the bar graph failed to record the required Date omra. Pol will have to make the trip again. Op1 pistol wound critically hurts Soldier Driver of Gen Howze Vaihinger Germany is the 32-year-old Soldier Driver of maj Gen Robert l. Howze jr., 7th army chief of staff wag listed uncritical condition Friday As the re sult of a gunshot wound in the head suffered sometime thursday evening in the general s Home a Patch Barracks army officials announced  Soldier St John t. Repress 90% of . Homes have television set Washington a nine out of 10 american households had at least one to a View set at the beginning tit f thet Yieng " and said the census bureau.13 in every 100 had  or More Telesis on receivers. Both categories were up slightly from the last Survey conducted in May 1960. Was found unconscious at about . Thursday when Howze re turned Home with col and  c. Harvey or. Harvey is 7th army Deputy chief of  general s government issued .38-Cal pistol was found on the floor near the unconscious Man. Res press was evacuated from the75th station Hosp in bad Cann Stadt to the army medical Center in Lan Stuhl where his condition was listed As critical. Respress resides in Stuttgart with his wife Dorothy Mae and three daughters the spokesman said. T engine designer does Detroit Upu a col Jesse , designer of the first via Auto engine and the engine for world War ii it boats died Herat the age of 82, technical recovery before he Market stops again to consolidate and scan the horizon for clues Toon Uncertain business future. Trading for the abbreviated week totalled 12,459,120 shards against a turnover of 15,324.306 the week before and 24,716,960 a year ago.. Steel was by far the mar Ket s most Active Issue showing loss of 2% on 371,Uoo shares in reaction to a Federal grand jury investigation of possible antitrust Law violations by the  was followed in turnover by Brunswick which climbed 3 on the basis of a forecast for record 1962 profits Bethlehem steel off a Standard Oil soup 2, and Royal dutch Petroleum up 1. The two oils and Many others responded to reports of an improved sup ply demand situation in the Industry. Among the wide moving Blu chips were american can. Up 1h american Telephone up 214chrysler, up 2h on improved first Quarter earnings Dupont up 5h,also on higher profits Eastman Kodak up 2 Union Carbide up Imi Sears Roebuck up 2%, an Standard Oil of California 85id 1%. Among the leading steels outside the average Aramco Tost 2%, in land 2%, Jones & Laughlin 33&, Republic 3%, w h e e 1 i n g 2% and Youngstown 39fc, Xerox jumped 11% on continue rapid earnings growth and Texas instruments jumped 5,a total of 1,460 issues were traded during the week. Of these830 advanced 77 to new highs for the year and 465 declined 331 Tonew lows. Catholics see no school lag new Orleans up the archdiocese of new Orleans re leased figures indicating there Wilt be no major drop in enrolment at roman Catholic schools in spite of desegregation next fait. The archdiocese said 73,514 Stu dents had already enrolled at the 152 schools for next term and wit later enrolment the figure com easily top the current total of74306. The Catholic schools recently held Advance registration for the fail term. Figures released by the archdiocese showed an increase i High school enrolment from 14 689 to 15,583. No breakdown of white1 and negro registrations was released by the archdiocese. It has made few comments on development that followed its school desegregation order last month. Marine hit in head As Bullet ricochets Camp Lejeune no to jul a Bullet ricocheted into a target pit during Range firing exercise Sand wounded Young Marine operating pull up target pvt Ronald t. Tit Texo 1ft Hoboken n.j., suffered a wound lathe head. He was evacuated by Beli copter to the naval Hospital it then flown to the naval Hospital at Portsmouth. A. His condition was listed As serious. Next Saturn will carry 93 tons of Cape canaveral a the United states plans to launch it Saturn super rocket on a second test flight next wednesday and ase Bonus Experiment to blow it up 66 Miles High to determine what happens when 95 tons of water i sprayed in the icy ionosphere. Primary goal or thought is totes further the propulsion system of the first stage an eight engine which pours out 1 Mil lion pounds of thrust More than three times greater than any pres ent , rocket objectives will be Simitar to last october s extremely successful first launching of the Saturn which is a forerunner of rocket which will carry american Astro nauts to the Moon the Saturn water is carried in two Dummy upper St a a to aim Lote the weight of the a Tual upper Assembly to be employed on inter nights. " called project High water the dividend expert m f Jav t will to interfere a Ltd Abs Estives erf the Saturn flight. At the Ufa of Liber the destruction after Flun Rhing of will have consumed its  
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