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Daily News from New York, New York • 324

Publication:
Daily Newsi
Location:
New York, New York
Issue Date:
Page:
324
Extracted Article Text (OCR)

17 MORNING, HE'S AWAKE ANNIE! HOW'S AND HE OUR DOESN'T SEEM PATIENT T'BE HURTIN' HARDLY AT ALL! Cola Syndicate Pat. News 0i 3 5 0961 Reg. 3 60 Thin Market Sends Stocks Into Tumble 'SMUN The By stock JOHN market ROGERS took its first tumble in four sessions yesterday. A Volume dwindled to 2,090,000, making it the TIVO since slowest shares hands ML that Brokers it market, ular about market buying to trigger session 1,750,000 How's changed on Oct. 12.

Business? said was the thinness of the rather than any partic-1 news item, that brought the retreat. In a thin only a limited amount of and selling is necessary some fairly wide price How's Business? swings. Some Drop 4 Points Selling was widespread throughout the list and brought individual declines into the main body of stocks running to around 4 points. Gainers were few and far between. Market analysts attributed the drop largely to the fairly steady flow of earnings reports that looked bad compared with the booming second quarter of 1959.

Highlight of the afternoon's dull trading was a sudden spurt by Douglas Aircraft late in the day on a published report that the company had been awarded $600 million in contracts for the Missileer airplane. Douglas, down as much as zoomed ahead to close at 3412, up Boeing Also in a Climb Boeing, another big plane and missile maker, led in turnover, closing at 3012, up It was followed by Jersey Standard, up at 41; American Motors, off at Douglas, and Lockheed, off at Procter Gamble continued to climb on Monday's professional recognition of one of its toothpaste brands. After rising 7 points, it closed at 129, up 3. A drop of in heavy trading carried Chysler to its lowest level in 19 years. Other prominent losers of a point and more included Lukens Steel, General Electric, Thiokol, Jones Laughlin, Ford Motor, Phileo, Motorola, Zenith, du Pont, Eastman Kodak, Allied Chemical, Automatic Canteen, American MARKET BAROMETER ASSOCIATED PRESS STOCK AVERAGES Yester Year's Year's day (h're High 30 3.5 354.9 308.7 15 Rails 136.2 113.9 15 Utilities .103.7 105.7 96.6 60 Stocks.

233.9 207.8 SALES Yesterday Monday Stocks 2.090.000 2.440,000 Bonds $5,020,000 $4.130,000 Amex Stocks. 760.000 740,000 WHAT STOCKS DID. Total New New Issues Gains Losses Highs Lows Yesterday 293 675 27 52 Monday .1.192 478 488 19 21 U. S. TREASURY Cash Balance 143,762.139 Internal Revenue.

Photocopy, Goodrich. Walt Disney, and Westinghouse Electric. The New York Central Railroad Co. has formally applied to the Interstate Commerce Commission for authority to acquire control of the Baltimore Ohio Railroad through a stock-exchange, looking to an eventual merger. Central announced the proposal last month after the Chesapeake Ohio Railroad applied to ICC for similar control over Since then, there has been talk of a three-way consolidation of these lines, and a conference of their presidents is scheduled for Aug.

15 Goodyear Report Goodyear Tire Rubber Co. reported, for the six months ended June 30, net income of 1634.223. equal to $1.13 a share on sales of $815.8 million, compared with a net of $40,646,386, or $1.22 a share on sales of $812- .7 million in the first half of 1959. Retail installment contracts bought by General Motors Acceptance GM financing affiliate, rose to $2.164 billion during the first half or 1960, from $1.912 billion for the like 1959 period. Net income for the period was $24,442,477, compared with $21,711,044 in the first half of 1959.

Most of the contracts cover the time purchase of automobiles which GMAC buys from GM auto dealers. 100 LISTED STOCKS Tuesday, Aug. 2, 1960 Last Chge Air Redo 9 69 Gen Dyn Alt Chem 31 Gen Elec Allis Chi 66 271 Foods Alcoa 46 75 Mot Gen Am Air 45 Gen Tire ABC Par 21 373 Gimbel Am Can 85 38 Goodrich Am Smelt x65 51 Goodyear Am Std 45 123 Int Harv Am 144 Int Nick Am Tob 50 Int Paper Anaconda 36 Int Armour 22 31 Johns Man Bald Lima Kaiser Al Balt 0 Kennecott Bendix 66 Kroger Beth Sti 126 443 Lig Myrs. Boeing 305 Long Ltg Borg War 33 Macy Brun Cp 118 Martin Co Burroughs 42 Metro GM Celanese 24 Mont Ward Chrysler 170 Nat Bisc CIT 45 Nat Csh CBS 17 Nat Dairy Colum Gas 51 Nat Distil Con Edis Nat Gypsum Corn Prod NY Cent Curtiss 35 18 Niag Pow. Dow Chem 29 814 Nor Pac Du Pont 32 Olin Math East Kod 45 1184 -2 Pan Am A Fed Str 14 7292 Park.

Day. Ford Mot 103 631 mite Penn DiR BROUGHT YOU SOME BREAKFAST AND SOMETHING FOR SANDY, TOO! HI, THERE, OLD BOY! TRY THIS FOR SIZE! I'VE FOUND DOGS GEE, LOTS SAFER TO TRUST SPIDER! THAN PLENTY TWOYOU DO LEGGED ANIMALS I'VE LOVE KNOWN! HA! YOU'RE DOGS! IT GOING TO BE SHOWS! O. SANDY! HAROLDI Obituary ALBERT S. HOWSON Albert Sydney Howson, 79, retired manager of the scenario and censorship department of Warner Bros. Pictures in New York, died yesterday at his home at 34 Tennis Place, Forest Hills, Queens.

He had been with Warner Bros. 32 years. He retired in 1958. A Mass of Requiem will be offered at 10 A.M. Friday at Queen of Martyrs Church, Ascan Ave.

and Queens Forest Hills. MRS. GERTRUDE SAYRE Mrs. Gertrude Lynahan Sayre, 59, writer and editor, and wife of author Joel Sayre, died yesterday in Goldwater Memorial Hospital. Sayre is currently traveling in Europe.

During World War II, Mrs. Sayre was an aid to Nelson A. Rockefeller when he was coordinator of inter-American affairs. WILLIAM T. CRAWFORD Private funeral services will be held today for William T.

Crawford, 70, retired board chairman and former executive vice dent of Stone Webster, engineering, construction and investment banking company of 90 Broad St. Crawford died night at his home, 4 Ocean Scarsdale. DR. ROBERT MOORHEAD Dr. Robert Lowry Moorhead, 79, senior surgeon at Eye and Ear, St.

John's, and Brooklyn Hospitals, died yesterday at St. John's Hospital. He had been an eye, ear, nose and throat surgeon for 51 years. His home was at 125 Remsen St. Brooklyn.

FREDERIC A. SCHNELLER Frederic A. Schneller, 54, of 85 East End vice president in charge of merchandising of the D'Arey Advertising 430 Park died yesterday in Doctors Hospital of a heart ailment. Fire Polaris Successfully Cape Canaveral, Aug. 2 (AP) The Navy successfully fired a Polaris from an underground tube tonight in its accelerated program to make the submarine missile operational by October.

Project officials said it achieved all test objectives over the mile Caribbean range. Main goals were to check the missile's inertial guidance system and arming and fusing of a simulated warhead. The launching followed the 500-mile firing of a Hound Dog missile from a B-52G jet bomber. Earlier a last second malfunction prevented an Atlas missile from taking off on an intended mile flight. Unquestionably the Finest COMPLETE FUNERALS from $250 TEN AIR-CONDITIONE8 FUNERAL HOMES MANHATTAN (East) LE 5-1500 MANHATTAN (West) TR 7-9700 BRONX CY 5-0700 BROOKLYN 6-4800 JAMAICA JA 6-6670 JACKSON HEIGHTS TW 8-2200 Walter B.

Cooke CITY WIDE SERVICE- You May Reach Any of Our Branches by Calling CY 5-0700 Death Notices sQ LEE EDWARDS Atlanta, Aug. 2 Lee Edwards, 51, imperial wizard of the U. S. Knights of the Ku Klux Klan, died of a heart attack at his home last night. He had suffered an attack about four months ago, his wife said, and had been showing signs of recovery.

NIKOLAI SHATSKY Moscow, Aug. 2 Shatsky, 64, prize-winning Soviet geologist, is dead. Shatsky, who recently headed the Soviet Academy of Sciences Institute of Geology, won the Lenin Prize in 1958 for his work in producing a geologic map of the Soviet Union and adjacent countries. MRS. GRACE R.

IVANEK Pomona, Aug. 2 Grace R. Ivanek, 72, long prominent in social work, died Sunday in a hospital where she had been ill for three weeks. She was executive director of child welfare for the State of New York from 1937 to 1953 and served as assistant director of the Child Welfare League of America from 1953 to 1955. CECILIA LANG A Mass of Requiem will be offered at 10 A.M.

tomorrow at the Church of St. Thomas More, 65 E. 89th for Cecilia Lang, a teacher at the Yorkville Vocational High School for 27 years. She died Monday. Her home was at 55 E.

88th St. CHARLES P. KANE A Requiem Mass for Charles P. Kane, 66, general manager of the Prince George Hotel at 14 E. 28th St.

will be offered today at 10 A. M. at St. Ignatius Loyola Church, Park Ave. and 84th St.

Kane, who lived at the hotel, died Sunday at Lenox Hill Hospital. GEORGE. A. LICHT Services for George A. Licht, 80, a retired consulting engineer, will be held today at 2 P.

M. in St. Paul's Episcopal Church, New Rochelle. Licht died Monday in his home at 44 Lyncroft Place, New Rochelle. 2 Death Notices Death, In Memoriam, Mass and Acknowledgment Notices May be telephoned to THE NEWS by your funeral director to 5 P.M.

for the next day's paper. Telephone calls on Saturday before 3:30 Sunday Kings Section before 3 P.M. Friday. Phone MUrray Hill 2-1234. BENE.

Eugenio. Beloved father of Patrica Ponzo. Carmela Ciaburri and Anthony Bene. Funeral from Hamilton Chapel. 43rd and Fort Hamilton Pkway.

Thursday. 9:30 A.M. Mass Immaculate Heart of Mary R. C. Church.

10 A. M. Interment Calvary Cemetery. BRENNIE- Mary. Beloved mother of Mildred Cortina.

Daniel. John. Peter and William. Funeral from Chapel, 29 Madison Thursday. 9:30 A.

Requiem Mass St. Andrew's Church Duane at 10 A. M. CALISTA-Mary. Beloved wife of Joseph.

Devoted mother of Steve and Jack. Reposing at J. J. Mancuso Chapel. 31 Wilson until Friday, 9 A.

M. -Anthony Beloved husband Reposephine Peter Dear C. father La of Bella five Funeral sons. Home, Harway B'klyn, until Thursdas. -Mary Claire.

On her 46th birthday. Aug. 1. 1960. Wife of Alfred, daughter of Anna Stingo.

Reposing at her mother's home. 4324 Church Bklyn. Requiem Mass Thursday 10 A.M. St. Catherine of Genoa Church.

Interment Holy Cross Cemetery. FERRERI- Concetta. of 93-11 Hollis Court Blvd. Beloved daughter of Michael and Rose De Mucci. Dear sister of Mary Gianaini, Phil and Ann Whaley.

Reposing at Quinn and Sons. 214-65 Jamaica Ave. Mass at nation Charch Saturday 9 UM Interment St. John's Cemetery. -Louis A.

Of 237 New Jersey Ave. Beloved husband of Rose. Dear son Rosario and Catherine. Brother of Richard. Anthony.

Angela, Marie and Frances. Reposing 0. Caratozzolo Sons. 82 Central until Friday, 9:30 A. M.

GIUDICE -Giuseppe. Of 6634 Irvington Court. B'klyn On Aug 2nd. Devoted husband of Giovanna Loving father of Filomena Mancini and Salvatore. Reposing at the Andrew Torregrossa Funeral Home.

1305 79th until Friday. Solemn Requiem Mass at Regina Pacis R. Church. 9:30 A.M. Interment St.

Charles Cemetery. LANG- Cecelia. On Aug. 1. 1960.

Beloved daughter of Catherine and the late Joseph. Devoted sister Mary Anna Lang, Elizabeth. Margaret Stanford Rose Kusk, Loretta Brunn and the late Joseph and Philip. Reposing at Universal Chapel. 52nd St.

and Lexington until 9:30 A.M. Thursday Solemn Requiem Mass St. Thomas Moore's Church 65 E. 89th 10 A. Interment Calvary Cemetery LATIMER- Henry.

Of East Orange, N. J. Husband of Anna Dumphy. Father of Mrs. John J.

Haggerty Jr. Brother of Mrs. John Kavanagh Miss Emily Latimer and Mrs. Elizabeth Coyne. Funeral from J.

J. Quinn Funeral Home. 323 Park Orange N. J. High Mass of Requiem in Our Lady of All Souls Church.

East Orange on Fridas. August 5. 1960 at 10 A M. Interment Gate of Heaven Cemetery, Hanover. N.

J. MARCHINELLO. -Carmelo. Reposing 7120 B'klyn, until 9. A.M.

Provenzano Lanza. Directors. MERMAN Genevieve (nee Kelly). On Aug 1960. Beloved wife of Joseph Devoted mother of John J.

and Genevieve Hesse Repesing at Castle Funeral Home. 1528 Castle Hill Bronx. Requiem Mass Friday. 11 A.M. St.

Henela's Church. Interment Gate of Heaven Cemetery. In lieu of flowers masses will be appreciated. MELE-Joseph G. Beloved husband of Rose, Devoted father of William J.

and Linda Rose. Loving brother of Pasquale and Emilio G. Reposing at Farenga Bros. (Bronx Branch), 920 Allerton Ave. Funeral Friday, 9 A.M.

MIL.I0-Antonietta. Beloved wife of Alfred. Loving sister of Mrs. Laura Placido. Devoted aunt of Aldo Viola.

Reposing at Farensa Bros. (Bronx Branch) 920 Allerton Ave. Funeral Saturday. 9 A. M.

MONTALBANO-Leonardo. 0f 91 Elizabeth St. Beloved husband of the late Carmela. Devoted father of Al. Charles.

Marie. Fay DeFazio and Rose Kufta. Funeral from Vitale Funeral Home, 124 Mulberry Friday. 9 A. M.

Requiem Mass Most Precious Blood Church. 9:30 A.M. MORRO- -Mary. Suddenly on August 1st. Beloved wife of Rocco and mother of Angelo.

Anthonv. Anna Colucci. Eli and Rose Di Benedetto. Funeral Friday morning from Greenpoint Chapels, 78 Kingsland Ave. Franzese and Cucurullo, Dira.

OLSEN- -Thomas J. Sr. 732 E. 49th B'klyn. Beloved husband of the late Georgina.

Beloved father of Thomas Jr. Reposing at new chapel of Ralph Aievoli Son, cor. 13th Ave. and 65th until Friday, 9 A. M.

PALLADINO. Angela M. On July 31st. 211th Bellaire. Formerly of Brooklyn Beloved wife of the Libero.

Devoted Dominick, mother of Mrs. Mira. Theresa Venerdi. nie Cocco. Mrs.

Helen Vitellaro. Albert and Mrs. Edna Donachy. Survived by seven grandchildren. Reposing chapel.

187-30 Hillside until Thursday. 9 A. M. Requiem Mass Church of the Incarnation. Interment Holy Cross Cemetery.

JOSEPH TARI. DIRECTOR. PETRIZZO- -Josephine. Beloved wife of Anthony. Devoted mother of Christine Credidio.

John. Rose. Marie Davanzo. Anna Montuori, Palesi. Reposing at Greenpoint Chapels, 78 Kingsland Ave until Saturday.

9:30 Requiem Mass St Francis R. C. Church. 10 A.M. Papavero Funeral Home.

Dir. band of Marie, devoted Sal-Louis (Gigi). Beloved, husvatore, Louis Mary Grace. Fond son of Grace also survived by 3 brothers and 5 sisters. Reposing at Piro'a Funeral Home.

251 DeKalb Bklyn. until Friday. 8:30 A.M. Solemn Requiem Mass. Queen of All Saints Church.

9 A.M. Interment St. Charles Cemetery. SILVIANO- Giovanni. Devoted husband Catalda.

Beloved father of Angela. Charles and Eddie. Also survived by four grandchildren and one great grandson. Reposing at Abramo Funeral Home. 405 Humboldt B'kign until Friday.

9. A.M STRAZZULLA-Maria F. Of 463 Henry B'klyn. on July 31. Beloved wife Joseph Survived by 8 children, Reposing Scotto Funeral Home.

106 Firat Place, until Thursday. Solemn Requiem Mass St. Peter's Church 9:30 A. M. TROISO- -Grace.

Of 58 Himrod St. Devoted mother of Raymond and Franklin, Reposing at Peter Tommaso Funeral Home, until Friday, 9 A.M. VITOLO -Carmela. Beloved wife of Carmen. Devoted mother of John.

Alpert. Angelina. Theresa. Lucian and Elvira Miller. Reposing at the Castle Hill Funeral Home.

1528 Castle Hill Ave. Funeral Thursday. Requiem Mass St. Theresa's Church 10 A. M.

Interment St. Raymond's Cemetery Last Chge 150 45 133 18 125 166 66 53 23 74 57 -3 41 45 45 33 92 41 38 21 3 62 16 82 15 1 5 90 3 54 69 38 63 26 14 12 57 54 18 9 49 44 17 403 44 36 51 260 Last Chge Penn RR 27 Pepsi Col 34 Pfizer 80 32 Phelps 20 49 Philco 61 Phil Pet x39 Polaroid 30 232 Pullman Radio Corp 197 59 Rep Steel 37 Revion 13 613 Reyn Mtis 63 Reyn Tob 30 Roy Dutch 109 Safeway 16 37 St Reg Pa 37 364 Schenley 19 Sears Roe 36 Socony 89 Sperry Rd 57 Std 0 NJ 297 41 Texaco x72 75 Tex Sul 40 Transam 37 264 Tri Cont 12 Union Crb x24 Utd Aircr 122 US Steel x64 Warner Bros. West Un 54 Westg El 88 55 Woolworth 22 In Memoriam -Peter. Beloved husband. Third Ana.

in Heaven. Rest in Peace with God Tor. an. LOVE. WIFE CHILDREN AND GRANDCHILDREN..

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Years Available:
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