What happened on July 27, 1962?

Headlines from July 27, 1962

• ⚖️ Algerians Seek Peace – Algerian factions aim to resolve disputes following reported clashes, with allies of Ben Bella planning talks in Algiers.
• 🇬🇧 Macmillan Beats Censure – British Prime Minister Harold Macmillan survives a censure vote, with Conservative support but mixed feelings from the party.
• 📈 Chrysler Reports Gains – Chrysler announces a net profit of $1.17 for the quarter ending June 30, marking a recovery from previous losses.
• 🏗️ Bethlehem Steel Profit Dip – Bethlehem Steel reports a profit dip in the second quarter but plans significant investments in plant upgrades.
• 📊 Stock Prices Rise – Stock market experiences a slight rise, although overall trading remains dull with limited volume.
• 🚆 Union Pacific Profits Decline – Union Pacific Railroad reports a decline in profits for June and the first half of the year amid rising expenses.
• 🏌️ Humm Wins Medal – Humm cards a score of 68 to win the Long Island Amateur Medal in a record field of 135 participants.
• 🏅 Fox Advances in Tennis – Fox, Reed, Holmberg, and Bond reach the semi-finals of the Pennsylvania Grass Court Championships.
• 💼 House Tax Cuts Inquiry – A House study on potential tax cuts opens, with business leaders presenting their views during closed sessions.
• 📈 American Home Products Profits – American Home Products Corp. sets new sales and profit records, reflecting growth across various industries.