War news drives stocks and commodities in wild swings
Market activity in New York on June 27 sees stocks oscillate wildly amid fast breaking war news from Washington and Korea. Prices move to near 11 year extremes with food and raw material costs climbing as trading accelerates to WWII era speeds.
MENTIONED IN THIS ARTICLE
New York
Washington
Stock Exchange
Convict Trusty Held In Beating Of Roanoke Grandmother
A 36 year old Norfolk convict, Floyd Joyner, is being held by Roanoke county authorities in connection with a brutal beating that left 48 year old Addie Garland McCormack near death. Doctors describe her condition as unconscious and barely alive with skull fractures. The attack occurred at the McCormacks home near Elma Springs after a earlier visit for soda. The weapon remains unknown and investigations continue with officials from the sheriff and Commonwealth's Attorney Chelf involved.
MENTIONED IN THIS ARTICLE
Roanoke
Addie Garland McCormack
H. B. McManaway
Floyd Joyner
Norfolk
Joyner
Richmond
Market swings hit stocks bonds and commodities in volatile day
Trading on the New York Stock Exchange reached a volume not seen since 1939 as 4.86 million shares moved amid a sharp upswing and downslide. Stocks fell and rose with 917 issues lower 182 higher 161 unchanged as buyers resurfaced late.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Europe
Clarksville Coach Dies While Swimming
Clarksville Virginia June 27 Lauren Bowles 24 high school coach died today in five feet of water while swimming at Clark's pool 11 miles from here Coroner H H Braxton Chase City said death from a heart attack Bowles was baseball and football coach at the high school and was swimming with teen age boys when he sank Efforts to revive him failed He was pulled from the water at 2 50 p m Bowles joined the Clarksville faculty last February and served as baseball coach He was Randolph Macon college graduate and served with the Navy in World War II.
MENTIONED IN THIS ARTICLE
Clarksville
Lauren Bowles
Clarksville High School
Clark’s Pool
H. H. Braxton
Chase City
Bowles
Randolph-Macon College
Navy
Rotary Speaker Stumps For Peace at Ladies Night
Dr. Preston Bradley of the Peoples Church Chicago urged peace at the Bluefield Rotary Club Ladies Night. He warned the world faces a crucial test and criticized diplomats and calls for a nonwar approach while predicting future weapons may include stones and clubs. He urged moral leadership and a return to a “great destiny” created by God.
MENTIONED IN THIS ARTICLE
Bluefield Rotary Club
West Virginian Hotel
Marvin Williams
Preston Bradley
The
Peoples Church of Chicago
W. J. Cole
Peoples Church
Chicago
Bluefield
Rotarians
Dr. Bradley
Stranded Students Sail For Rotterdam
A group of 550 American and Canadian college students sailed for Rotterdam on a military transport today after the coast guard declared a Norwegian vessel unfit. The trip was made possible by an offer from President Truman via General Ballou of the Military Sea Transport Service. The students had originally planned to sail last Thursday.
MENTIONED IN THIS ARTICLE
New York
Rotterdam
Truman
Coast Guard
Truman Brough
General Ballou
Military Sea Transport Service
Water Main Break Cuts South Charleston Water Pressure
A 24 inch feeder main broke in Ferry Branch hollow cutting South Charleston's water pressure to a dangerously low level.
MENTIONED IN THIS ARTICLE
South Charleston
W. Va
Ferry Branch Hollow
Roanoke Man Guilty of Murder and Wounding
Johnnie H. Flint, 49, Negro, sentenced to 22 years in the penitentiary by Judge Dirk A. Kuyk after being found guilty on two counts of murder and one of malicious wounding. The convictions stem from a cutting scare that killed two and wounded another. Sentences: 10 years on each murder count and 2 years on the wounding count, to run consecutively.
MENTIONED IN THIS ARTICLE
Roanoke
Johnnie H. Flint
Dirk A. Kuyk
Kuyk
Flint
Commonwealth
Wheeling Editor Named Ohio County Civilian Defense Director
Wheeling West Virginia on June 27 editor Herman Everett Gieske of the Wheeling Intelligencer was appointed by Sheriff Warren W. Pugh as the county's director of civilian defense.
MENTIONED IN THIS ARTICLE
Wheeling
W. Va
Herman Everett Gieske
The
Wheeling Intelligencer
Warren W. Pugh
Ohio County
High Court Pay Test Case Affects Statewide Claims
Charleston West Virginia June 27 Tax Commissioner C H Koontz seeks the Supreme Court ruling on his right to collect alleged salary overpayments to county commissioners in a test case. The suit targets William Bascom Smith a former Wayne county commissioner and the New York Casualty Company. The ruling could affect more than a dozen similar cases statewide. The court also considers a separate damage suit by parents alleging their 17 year old son was lured from home by minister Hillery C Rice Jr and his wife. The Rices are associated with the Fifth Avenue Church of God of South Charleston. Their bid to overturn a Kanawha circuit dismissal seeks $10 000. The appellate court found no irregularities in a Raleigh county order appointing a receiver for Beckley Music store and overturned an audit and management ban of Colin McLuckey. Earl A Hall and McLuckey, major stockholders, challenge dissolution of Beckley Music and Electric Co which formerly owned the store.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
C. H. Koontz
Supreme Court
Cabell County
Koontz
William Bascom Smith
New York Casualty Company
Smith
Wayne County
Burns Stanley
Hillery C. Rice
Rice
Fifth Avenue Church of God of
South Charleston
W. E. Withrow
Kanawha
Raleigh
Beckley Music
Earl A. Hall
Beckley Music and Electric Company
Hall and McLuckey
Hall
McDowell Scouts Headed to Valley Forge Jamboree
Five McDowell county Boy Scouts left Welch today for Valley Forge Pennsylvania where the national jamboree runs June 30 to July 6. Participants include Bary Shrout Roy Kipsinger Fred Lee Parsons Jackie Mathis Jenkin Jones and John Cloyd plus Eagle Scout Ralph Burcham, troop leader.
MENTIONED IN THIS ARTICLE
Welch
W. Va
McDowell County
Valley Forge
Bary Shrout
Roy Kipsinger
Carswell
Fred Lee Parsons
Northfork
Jackie Mathis
Jenkin Jones
John Cloyd
Ralph Burcham
Welch Lions Head Installation Tonight
Welch West Virginia June 27 John Earnest mine inspector will be installed tomorrow night as president of the Welch Lions club at the Appalachian community room He succeeds Robert Marrs a mining man Earnest is a mine inspector for the New River and Pocahontas Consolidated Coal company at Capels
MENTIONED IN THIS ARTICLE
Welch
W. Va
John Earnest
Welch Lions Club
Appalachian Community Room
Robert Marrs
Earnest
New River and Pocahontas Consolidated Coal Company
Capels
Hadacol Promises Relief From Neuritis Pains
A Louisiana man credits Hadacol with relieving neuritis and rheumatism pains caused by vitamin deficiencies. The ad claims Hadacol supplies vitamins B1 B2 iron and niacin plus minerals and promises relief within days with a money back guarantee. Trial size priced at 1.25 and large size at 3.50.
MENTIONED IN THIS ARTICLE
A. Kramer
Marrero
Mr. Kramer
Hadacol
The
LeBlanc Corporation
Scouts Pitch Camp At Valley Forge Jamboree Opens
Scouts pour into Valley Forge to pitch camp for the second national Jamboree. More than 16 000 Scouts and leaders arrive by train and bus along the Schuylkill river. By Friday about 47 000 participants from 48 states, territories and 20 foreign countries will join in the largest youth gathering in the Western Hemisphere. The event marks the 40th anniversary of the Scout movement under the motto To strengthen the arm of liberty.
MENTIONED IN THIS ARTICLE
Valley Forge
Schuylkill Riverside
George Washington
Truman
U. S
Scout Movement
Arm of Liberty
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