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Publication: European Stars and Stripes Sunday, March 13, 1966

You are currently viewing page 23 of: European Stars and Stripes Sunday, March 13, 1966

   European Stars and Stripes (Newspaper) - March 13, 1966, Darmstadt, Hesse                                Sunday March 13, 1966 the stars and Striks Page 2 Stock Market showed signs of recovering new York March 12 Dpi the Stock Market showed some signs of recovering from its re cent Selloff last week but the list Stin finished lower. Trading was moderately Active. The week opened with one of uie heaviest Selloff since presi Dent John f. Kennedy s assassination As the Dow Jones Industrial average plunged 14.58 inactive trading. The average made a modest recovery on tuesday mainly through the efforts of bar gain Hunters in the Blue Chip group but the list itself finished easier. Prices rallied on wednesday and boosted the average 9.88despite a contraction in volume. The Market made Good Progress on thursday but sold off sharply from its High after Morgan guaranty Trust boosted the prime rally wrecker Back on duty new York March u up a City detective relieved of duty last month for disrupting a Paci fist rally with a Solo rendition of and bless America was re turned to duty Friday. John Helln 3f, was officially returned to duty after chief sur Geon Stephen a Mccoy had pronounced him physically and mentally competent. Keslin had been placed on sick leave Pend ing investigation of his action. On the night of feb. 20 Heslin interrupted a pacifist read in at town Hall by ascending the stage and bursting into a chorus of the patriotic hymn. He was shouted off the stage by the crowd. Mccoy said the incident was an isolated one and was not a indication of any physical or mental infirmity. Heslin holds three citations for bravery and has been recommended for a fourth. Interest rate from 5 to 3j4 per cent. Some Progress was made in the final session but a Lack of buying interest and pro week end profit taking sent the list slightly lower again. Despite the Market s seeming improvement the analysts Are still Uncertain about its near term trend. The gains scored in the list and even some of the rallies during the week May have been caused Only by bargain Hunting and not by any sub Stan a tial improvement in the senti ment of traders and investors. There remains in the minds of some analysts doubt As to whether the recent slide is still a correction in a continuing Bull mar Ket or the Start of a Bear Market. The experts Are still waiting to see How the White House deals with inflation before making an Long Range forecasts. Dow Jones industrials which Only about a month ago stood within s Points of the 1,000 Mark fell 4.39 to 927.95. Nails skidded 5.50 to 254.40. Standard and poor s 500 Stock Index lost 0.39 at 88.85. Volume Down volume slowed to 44,825,460shares from 50,367,230 shares a week before and 27,700,980 share sin the same week last year. Of the 1.548 issues traded 919 declined 219 to new 1965-66 lows while 499 advanced 43 to new highs. American motors was the mos Active Issue of the week. It climbed 2h to 13ft on 1,179,300  Slid 3% to 454 on 669,000 shares in second  Telephone represented the Blue chips at the top of theist with a loss of w at 58v, on 600,400 shares. New York March 11 a Standard and poor s 500 Stock Index March 11 March 4 489 indu Arlala  a b a Lull 91.m 42.71 90 uni huh m.90 99.31 to Otocka m.09 0.99 Garmisch Germany March .2 is four awards for out standing support of the army aviation association of America Kaaa program for 1965-66 were to be presented saturday night to individuals and units inthe Usa eur command. Topping the list of honors co a of the 504th aviation in 4th army div received the Silver cup awarded annually to the outstanding aviation unit of us a eur. The unit is commanded by capt. Eldon l. Smith or. Theaward was made in recognition of the unit s safety and reenlist ment record and especially for to record in support of the col Winter exercise in Norway late n 1965, in which during 454 l. Mutual funds prices adorn a re am Orbam it am hut am Paa of boat re 5s 0.22 Bow York Iurii by Daawod National aaa ocl Olav 8o s.s8 2.70 tuna 01 Seoul Tala inv Orin 12.0314.24 dealer. Inc. 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For this exploit the unit received nine letters of commendation. As outstanding aviator of the year Cwo-3 Charles h. Stoffa no of the setae aviation co won his award for services Dur ing the Relief of flood Devast Edarea in Italy in March ims when his unit participated in res Cue work in 58 villages and towns. The unit is credited with having brought to safety 62 men women and children who had been clinging to wreckage. Stef Fani has had 5,000 hours of flying time. The outstanding aviation sol Dier of the year was staff sgt James w. Neale. Of the 245thtransportation co. Neale Wai cited for his leadership ability and his knowledge and application of technical advances in army aviation. Re was graduated As first in his  at the no Academy in 1965. The 29th transportation co of the 1st maintenance in 7tharmy support come. Was named the outstanding aviation sup port unit of the year. The unit is commanded by capt. Danon . In addition to an Acci Dent free record the unit pileup an impressive record of maintenance readiness and recorded 100 per cent regular army re enlistment for the year. Morale of Viet yanks praised by Sidney  staff writer Garmisch Germany March 11 is the morale of Amer ican fighting forces in Viet Nam is at an All time High. In the opinion of observers who re ported their findings Friday tothe seventh annual convention of the european chapter of the army aviation association of America. The Only effect those demonstrations and incidents Back Home have had said col. Alex Ander j. Rankin ret who recently returned from a tour of Viet Nam has been to stiffen the fighting spirit of the men and build a determination to see i through to  ragged terrain Rankin. Addressing a general session of the Usa eur we reorganization at the Alpine the Ater Here emphasized the importance of the air mobility of the 1st air Cav div in the Strug Gle analyst the Viet Cong and gave High Praise to the men the much inn and the operations of the helicopter units in the irked  his conclusions were these the air Mobile concept works. It has proved to be a feasible an practical Means of conducting military on rations. Air Mobile operations of division size can be supported i Remote areas. Ground troops learn quickly to Jdant to air Mobile operations and Are much More effective since Thev reach their objective area in a fresh condition fit and ready for combat an air Mobile division can Cope with guerrilla forces Man times its own  the speaker predicted an eve growing use of army aviation units since their value has been so thoroughly  of the 1st air Cav div the reported Are also placing great Faith in the effectiveness of Aerial artillery. After the assault troops sup ported by Aerial artillery have reached an objective the rocket fire shifts to the perimeter and continue until conventional tube artillery is brought in. Also of course Aerial artillery is Valu Able in search and destroy mis  unav am ohioan Force Nett work Tiht time cited Lor an program an Central flu Roseon time 0700 new 0700 of Nur one Inoru scoreboard oko Newl oh6 be from Inu Diochon duo Rod weather Ulier Volkl from franc 0109 now Hob prote Lent hour Itol program it Salt Lohe cfiolr1000 now. 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