Bluechip Stocks Hit New Highs As Market Peaks
New York stocks surged with automobile, steel, and rail shares leading. Trading breadth widened to 1,158 issues with 557 up and 318 down. The Associated Press averages rose to 80.1, the highest since June 1948, as market value and turnover stayed buoyant. General Motors and Chrysler posted record highs. Socony Vacuum and other majors saw gains amid a marketing agreement with Standard Oil and the British government.
MENTIONED IN THIS ARTICLE
New York
Associated Press
General Motors
Chrysler
Studebaker
Socony
Weather Fotecast for 7 36 p m EST Today
Weather Fotecast notes scattered showers and thunderstorms developing in the East on Saturday amid hot humid air. It explains map symbols used by Weather Bureau experts showing showery trends, air flows, fronts and pressure cells at 7 30 a m EST this morning with clouds and weather expected to develop in the next 12 hours.
MENTIONED IN THIS ARTICLE
Weather Bureau
Executive Tells Of Wrong Ideas on Capitalism
Marion Harper Jr of McCain-Erickson Inc NY addressed the Charleston Rotary Club noting Americans misdefine capitalism. He argued the economy relies on working capital and that saving individuals are capitalists, while two thirds of personal income comes from wages and salaries, emphasizing capital belongs to many people and yields broad benefits.
MENTIONED IN THIS ARTICLE
Marion Harper, Jr
McCain-Erickson, Inc
New York
Charleston
Harper
America
Mrs Thomas Installed As Woodrow Wilson Study Club Leader
Mrs J E Thomas was installed president of the Woodrow Wilson Study Club at the annual luncheon held Wednesday at the home of Mrs J C Glass on Somerset Drive. Officers include C A Tesch vice president and program chairman, Glass secretary treasurer, Toby Chandler publicity chairman, G C Shilling welfare chairman, Earl Shelton membership chairman, George Reede telephone, John Watt librarian, T R Horner remembrance chairman, and Cecil Perdue music chairman. G L Kelso of Iowa City, a former member, attended as a guest.
MENTIONED IN THIS ARTICLE
J. E. Thomas
Woodrow Wilson Study Club
J. C. Glass
Somerset
C. A. Tesch
Glass
Toby Chandler
G. C. Schilling
Earl Shelton
George Reede
John Watt
Two City Men Appointed To Loan Firm Committees
CHICAGO June 9 Two Charleston West Virginia men George E Thomas president of Empire Federal Savings and Loan Assoc and Eli A Dover secretary treasurer of Charleston Federal Savings and Loan Assoc have been appointed to 1950 committees of the United States Saving and Loan League Henry A Bubb of Topeka Kan president of the League announced today Dover will serve on the reserve credits committee and Thomas on the personnel policies committee pet
MENTIONED IN THIS ARTICLE
Chicago
Charleston
W. Va
George E. Thomas
Empire Federal Savings and Loan Assoc
Eli. A. Dover
Charleston Federal Savings and Loan Assoc
United States Saving and Loan League
Henry A. Bubb
Topeka
Kan
Dover
Reserve Credits
Thomas
Pet
Dow Jones Averages Decline and Rise Across Industrials
New York June 9 Dow Jones averages show mixed movement with several industrials and rails closing up or down. Trading activity includes bond averages, utilities and second grade rails with equity totals and notable daily changes.
MENTIONED IN THIS ARTICLE
Dow-Jones
New York
Dow
Asia
Marriage Applications and Livestock Market Report Fragment
The notice lists marriage applications for several young couples with ages and locations, followed by a dense, jagged livestock market summary showing bids and weights for cattle calves hogs and lambs. Prices vary by weight and grade, with terms like salable calves and good cows appearing amid mixed figures.
MENTIONED IN THIS ARTICLE
Eiaul
Pittsburun
Suns
Ahd
Yrestock
Tronside Slated At Bible Center
Dr. Harry A. Ironside of Winona Lake Ind will headline the seventh annual Bible conference June 18 25 at the City Bible Center A Christian workers hour is set for 10 am daily for pastors teachers and missionaries The main conference begins at 7 43 pm daily and will be held at the center unless overflow crowds require relocation Ironside will broadcast on local radio during the conference He has taught and preached in the United States and England for over 50 years and formerly led Moody Memorial Church in Chicago
MENTIONED IN THIS ARTICLE
Harry A. Ironside
Winona Lake
Ind
City Bible Center
Christian Workers
Ironside
Ironside Sary To Be Held Elsewhere, Rev. A. Reid Jepson
United States
England
Moody [Memorial Church
Chicago
Evangelist Billy Graham To Star In Youth Rally Film
Evangelist Billy Graham will be featured in the film Canvas Cathedral at the Youth for Christ rally at the courthouse. Two showings are set for 7 and 8 30 pm with a Bob Jones University musical team including chimes vibraharp trumpet and trombone. The film covers the Los Angeles revival and Stu Hamblin’s conversion after Mule Train fame. Bill Stevens directs Charleston Youth for Christ program.
MENTIONED IN THIS ARTICLE
Billy Graham
Youth For Christ
Bob Jones University
Los Angeles
Stuart Hamblin
Dr Graham
House of Representatives
Charleston
Bill Stevens
Widow Receives Entire Estate of J E Ellis
Alma G. Ellis will inherit the entire estate of her husband Jacob Edgar Ellis Sr who died May 9. The will probated yesterday in Kanawhan County Court names Jacob Edgar Ellis Jr as administrator with a 45000 dollar bond. Appraisers named W H O Dell Homer W Hanna and Fred Brab ham.
MENTIONED IN THIS ARTICLE
Alma G. Ellis
Jacob Edgar Ellis, Sr
Kanawhan
Ellis
Franklin Cate
Chemical City Apartments, Inc
Jacob Edgar Ellis, Jr
W. H. O'Dell
Homer W. Hanna
Fred Brabham
Pittsburgh produce price report shows steady demand
Pittsburgh market notes a steady demand for apples and potatoes with several freight car counts and regional origins. Prices listed include Washington and Maine stock alongside Maine Katahdins, Triumphant varieties, and California Long Whites with notable totals across 100 pound sacks and 50 pound backs. Treasury June receipts and budget figures show a deficit of 3.47 billion with total debt at 256.2 billion and gold assets around 24.23 billion.
MENTIONED IN THIS ARTICLE
Pittsburgh
Washington
San
Baldwins
Calif
Maine
Sacks
Positon of the Treasury
Witschey speaks at accountants parley in Kansas City
Special to The Gazette Hubert E. Witschey of Charleston West Virginia president of the West Virginia Society of Certified Public Accountants spoke at a session of the Central States Accounting Conference at the Hotel President in Kansas City. The conference drew CPAs from Iowa Kansas Minnesota Missouri Nebraska North and South Dakota. He addressed Standards For The Smaller Practitioner.
MENTIONED IN THIS ARTICLE
Kansas City
Hubert E. Witschey
Charleston W. Va
West Virginia Society of Certified Public Accountants
Central States Accounting Conference
Cpas
Iowa
Kansas
Minnesota
Missouri
Nebraska
North
South Dakota
Witschey
Also Mentioned on This Page
The
Charleston Gazette
Mart
Bethlehem Steel
Republic Steel
National Steel
U- 5, Rubber
Dow Chemical
duPont
Baltimore & Ohio
Chesapeake & Ohio
Southern Pacific
Opmpacen O Vane
Mrs. Thomas
Wilson Study Club
West Virginia
At Building & Loan Association
Retablichad
Ravenswood, W. Va
Thomas Frizzell Casto
Ats Ridgemont Ra
Peggy Jane Fisetier
Randolph Bt
James Lasley
Bullitt J
Giada Bostic
RFD
Pharieson
Homer Owen’ Martin
Sanawha Bivd. W
Lou Mariana Ferguson
Dunbar Oliver Duncan White
Washington Bt. W
Verna Belle Thompson
Virginia Bt
Hallie Austin Stricklang
Mary- Jend Av
Geraldine Jewell Rabil
Spring Hill
Cate
Curtiss Wright
Phelps Dodge
Douglas Aircraft Pholy Morris
Batty Alf Redveston
Plymouth Oil
Eaton
Amun
Car & Aa
Goodrich
Reynolds
Goodyear
Sears Roebuck
G. & E. Bat Greyhound
Pond
Southern Pac
Amn
Southern
Rwy
T&t
s_T
Sperry Corg
Armes Steelee
F. Glass Tihs
4Aia Armour
F. Ats Monsanto Chemica
Odie
Union Carbide 406 B
Aveo
Montgomery Ward
Brecott
United Aircraft
Distillers
Bendix
Steel
Beth. Ste
United Corp. Rubber
Boting Airplane Ag
Certrad
Borg-Warner Tale
Norfolk
U.S. Steel
We Buda Co
IRI North Amo
Aviation
Vag
Werner Pictures
Y. G
Tronside
Bible Center
J. E. Ellis
Ie Associated
al AG
iRobert Witschey
the Gazette
Board of Trade
Ny York
Dune
Weor Sond
Curb
TYME
Willer
Snap
Ty Wives Club
West Va
W. A. Abbitt Company
M. S. Aldrich & Associates
Beltone Hearing Aid Center
Capitol City Body Works, Inc
Capitol Light Company
Charleston Clay Products Company
Charleston Printing Company
Crown Supply Company
Daniel Boone Hotel
Evans Lumber Company
Greenlee Brothers, Inc
Mark H. Hill & Company
Laird Office Equipment Company
Kuhn Construction Company
Motor Car Supply Company
Oliver & Walker
Peerless Cleaners & Laundry
Pepsi-Cola Bottling Co
Pfaff & Smith Builders Supply Company
Rosenblatt & Kerstein, Inc
Save Supply Company, Inc
Shingler Meat Company
Stan‘s Auto Electric Service
Trojan Steel Company
West Virginia Body Works, Inc
West Virginia Brick Company
West Virginia Water Service Co., Inc
First Church of God
Florida Street
6Th Avenue
Albert Donaldson
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