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Publication: European Stars and Stripes Wednesday, June 27, 1962

You are currently viewing page 23 of: European Stars and Stripes Wednesday, June 27, 1962

   European Stars And Stripes (Newspaper) - June 27, 1962, Darmstadt, Hesse                                To i i 3s$&3s& the stars and stripes Page 23 others reported involved department company e numbers were Tor steel spokesman and nothing Uthe Natter. Adding i think anything More should come from the Justice .department."5 mean while,1 the now Jones Busi Ness Clews service reported fro Pittsburgh that records similarly were subpoenaed from Bethlehem steel corp. And Wheeling steel corp.4 and that Jones & la ugh Len Stiefil Corn was understood to Naye been , it added the name of Youngstown Sheet and tube corp to Fife ust confirming service. Steel sources said the sub Poe Are seeking the listed and unlisted Telephone numbers of an executive who might have a voice in determining prices 13ow Jones said. The search for expense account data was said to extend Back to june 1961. Is. Steel is the nation s no. 1producer. The five companies were among seven which posted a is a ton in crease in prices last april 10 and 51, then withdrew it in the face of an angry response from the White House at the same time the new York world Telegram and Sun said it Learned the investigation which it described As top secret asunder direction of the Justice department s antitrust  world Telegram and son said the role of the antitrust Divi Sion led to speculation that the in Quiry was connected with an alleged conspiracy that resulted in a Federal indictment against uj5. Steel and Bethlehem last april 26, or some new Case in the , which also name two smaller firms five individuals and a Trade association charged conspiracy to go prices and Rig bids of sales of Tell for gigs to the military services and other buyers. V the new York paper also speculated that the investigation might be the opening gun in a crackdown on expense account spending Gen Eranuy. Market lower straight decline Cap the Stock a Little lower tues Wai Active oat not As on monday. It was the seventh consecutive file Market rallied vigorously it i Start following monday s late drive. Prices continued during the first hour took Over tend dually Cut the gains finally a mail k m seac Herscal awards of toi Iby of Cpd a group ls3%h�gh- school students and members submitted a neg for the a Halteh the annual daughters to american revolution guv sent to supt. I4oyd Sitan ton township itsclio61, Ald the award should backward in the final halt Hoar. Most losses ranged from fractions to around one Point  Dow Jones 30 industrials were Down 101 at 535.76, it was a fairly Broad Market with x302 issues appearing on the tape. Of these. 454 advanced 501declined and 247 closed unchanged. There were 319 new lows for the year and no new night. Most of the tobaccos chemicals and steels declined. Most other groups closed mixed. Volume cell to 4,630,000 shares from 7j090,000 traded monday. Moat stocks were around their lows of the Day at the close. The ticker tape ran As much a three minutes late in the morning and again near the close Standard and poor s 500 Stock in Dex ,10st modest j3 at 5232. Ittia been ahead .77 at the end of the first hone. The s and p 425 industrials lost 08 at. 5130. Dow Jones dosing Stock aver Ages 30 industrials 535.76, Oft full 20 rails u6j05, up cl09 is utilities 0133, up 028 65 stocks off o04, i i. By. Stogdi Exchange closing prices a y  j Jim. 47 4 if 1314 it. If Liam to j9j4 i k. 38 Al St so. A 47 it 40% 167, 87 Tim. Al it aft 3th 39 unto Hon to a -9114sr4. �v4 44u.at 394 44 a a Momti 3 Jubal by pc it 2�k out Lur hot  p h %3% Tan. Attn. 4sr 3ss Ryn tata Juc Bow Tan Bat  r Stow 0 i 4t n Otto not it an is 71 47% Mutual funds prices off i by to it two press no asked fun Dittme 7.63. S.86 s.54 him jm4 i. New medicare drive planned in Senate Washington a demo cratic leaders reported they Are going through with plans to Start action la the Senate on the Ken Nedy administration medical care program now stalled in a House . Mike Mansfield of Montana the ranking Senate Democrat told newsmen after he and other party leaders in Congress had breakfast with president Kennedy that the move will be made the end of this week. Mansfield said there probably would be additions to the administration measure along the line of bringing in the Blue Gross Asan administering body and provid ing coverage for elderly persons not on the social Security Rolls. Troop passenger trains collide in Italy 12 injured Foggia Italy a a Passen Ger train from Naples and a Mili tary Traia carrying troops and armoured cars collided outside this Southern italian City. Twelve per sons were injured in the crash the latest 2n a Long series of accidents plaguing Italy s railroads since late last Yean the Accident came less than a Day after two persons were killed and 35 injured near Turin when part of a freight train derailed into the path of a passenger train. The toll mounted to two with the death in a Hospital of one of the injured More than 150 persons have died in italian train wrecks during the past six months. Many others have been Hurt. In All. Then have been about a dozen accidents on the italian railways in the past fax months. Tshombe Adoulia end fruitless talk Leopold ill a Cap presi Dent Moike Tshombe left Lor j3isa Beth be tuesday ending six weeks of negotiations with pre Mier by Rifle Adoulia without single tangible result for reconciliation Between Katanga and the congolese government. After a sleepless night of Lith hour bargain info Robert get Tylner. Etui Al. Chief in the Couo admitted no Docu Knect had been signed and no agreement or com Munique could be produced to indicate any Progress there is nothing Gardiner said. Gov. Brown oks debate with Nixon Sacramento Calif a gov. Edmund g. Pat Brown has accepted Richard Nixon s dare and issued his own Challenge Lor a Tele vision debate in their Campaign for governor. The democratic chief executive formally invited his Republican of Brora Nixon potent Veteran of televised de Bates in 1960 with president Ken Nedy to meet him before the to cameras in mid october. Nixon proposed a debate with Brown during the primary Campaign. He repeated his Challenge to the governor last thursday when the two candidates appeared be fore the associated press news executives conference at Stan Ford University Brown advised his rival that lie will designate a representative to negotiate details of the debate with in the week. Nixon replied in los Angeles i am delighted that gov. Brow ii. Has finally accepted. These debates should of course be direct confrontations in which both of the participants win speak without Reading from prepared texts an without  Nixon leaves tomorrow on Way to Denmark los Angeles a hic hard. Nixon leave thursday for a flight to Denmark where tie wih represent the United states in Ai fetish celebration1 of american Independence. Nixon Speaks july 4 in rest to National paric. Jutland. He win be accompanied by his wife. Pat the former vice president we visit Washington first then go to Gen Dwight d. Eisenhower s Lormin Gettysburg a. Nixon will take part in an a Republican Confer ence there. -. With the Nixon will be or. And mrs. Tom Knudsen of the Knudsen Creamery co. And Robert min cycler. Board chairman of Cali fornia Institute of technology and president v of the los Angele world affairs Council convicts fail in death Row escape try Jefferson ctr to. Old an attempted mass break by six men who escaped from their death Row cells was frustrated after several hours by officials of the Missouri state prison it was revealed tuesday. Warden e. V. Nash said the men a awaiting death in mis Souri s Gas chamber succeeded in entering the Locking mechanism room controlling to cells in which they were confined. They grabbed Eari Snyder 50, a senior guard and tied him try taking his keys to an offs see Tjon of the death Row confinement area. There they attacked an in mate clerk. They bound the Man then be Gan knocking the locks off of doors in an attempt to escape from the death Row area. Participants in the break included Sammy Tucker and Dou Glas Thompson California desperadoes sentenced to die. For the kiting of three persons i mis Souri after a Cross country crime spree the Warden said. Navy drops Hunt for 2 men missing in Florida Crask to Nandina Beach. The Navy tuesday called off a search for two Obeis missing and believed kitted in the crash of a heavy bomber in the Atlantic Ocean. A spokesman at the naval Ahr Sta Tion at Jacksonville said the twin Jet a3d sky Warrior took off front the Carrier Franklin d. Roosevelt on a round Robin train ing Mission and plunged into the sea minutes later. Two men were plucked front the sea by a helicopter and were taken to the Mayport naval base near Here for medical examination. Their condition was not immediately known. The spokesman said two other crewmen were missing and naval aircraft helicopters and a crash boat were criss crossing the area. The rescued men were identified As it cmdr Gerald w. Down of Jacksonville an officer from the Carrier Roosevelt flying As observer. And aviation ordnance Man first class i. L. Allyn of Sanf prov  As missing were it Harry j. Hudome Pilot of Sanf Ord an aviation met Aumoth 1c Paul b. Cunningham of Lake Mary Fla and Scottsdale Ariz. 7th, wot senile my i Jav o Strait Honolulu Iund a Panfic Fleet spokesman has denied end a helically reports that units of the 7th a feet were headed for the by hav two destroy ers on patrol in the Taiwan for Straits the spokesman said. Had two destroyers there yesterday acid we will have two destroyers there in the foreseeable future.1  there has been no1 repeat to  the spokesman sail the United states never has sent carriers or cruisers into the Taiwan Strait patrol because it would be too restrictive on their operations. He said it would be a stupid Inove. Certainly at All tunes the great majority of the 7th Fleet is at sea the spokesman said. If units do go into certain port from time to time for rest and $ creation and repair and it May be that some were recalled to sea from Japan and Okinawa hurried to but not for anything connected with current problems,1" " i is " a -. " re "  
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