Stock Market Mixed as Ford Hits Year High on Dividend Return
New York stocks moved fractions to about a point mostly lower or unchanged with selective gains. Ford rose to a yearly peak after resuming a 60 cent dividend, while Rohm & Haas slipped on profit taking and Aluminium Ltd traded heavily at 28½. American Telephone, Goodyear, Gulf Oil and others posted small losses, with several industrials modestly higher.
MENTIONED IN THIS ARTICLE
NEW York
Motors
Ford
Rohm & Haas
Warner-Lambert
Polaroid
Foster
Air Force Story and Channel Schedules
Radio guide lists 9 15 Air Force Story 9 30 Ideas 10 00 Final Edition 10 0 Tomorrow on Channel 10 07 Sigs O88 with brief program blocks and times.
MENTIONED IN THIS ARTICLE
Air Force
Dow Jones Averages and Leading Stocks at Noon
The index values show industrials at 609.61 at noon, 609.67 at 1 pm, and 610.34 at close. Rail stocks moved from 162.85 to 163.00 and finished at 162.67, with utilities at 93.78 noon, 93.69 at 1 pm, and 93.69 at close. volume listed as 750,000 noon, 1.980,000 1 pm, 3.020.0% total. Major quotes include Phillips Petroleum 51% and United Aircraft Corp 65% among others such as Pennsylvania Railway 70 and Procter & Gamble 4%.
MENTIONED IN THIS ARTICLE
Dow-Jones
Bache & Co
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Procter & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
Southern Rwy
J. P. Stevens Co
American Tel. & Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
U. S. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
Plastic Holey Smoke Created By Johns Hopkins Chemist
Betty Raskin of Johns Hopkins University Radiation Laboratory describes a foam plastic smoke that can rise for long periods, form smoke rings around Earth, and serve as frost protection, skywriting, water evaporation control, and radar reflecting coating for potential space and military uses. The method uses liquid plastic foamed in a gas turbine to create lightweight particles.
MENTIONED IN THIS ARTICLE
Boston
Betty Lou Raskin
Miss Raskin
Johns Hopkins University Radiation Laboratory
Baltimore
American Chemical Society
Air Force
Wright Air Development Command
Sun Blamed For Minor Auto Collision in Jamestown
A sun glare incident on Leonard Street involved vehicles owned by Mabel Torrence of Beech Street and John Towery of Route 1. Torrence reports she was blinded by the sun and struck Towery's parked car, causing about 110 dollars in dents. no charges were filed.
MENTIONED IN THIS ARTICLE
Leonard Street
Mabel Torrence
Beech Street
John Towery
Route 1
Jamestown
Torrence
Towery
Furniture City club pledges aid to Red Shield Boy's Club
The Furni ture City American Business Club pledged its board’s support to the Red Shield Boy's Club after a program about the club’s purpose. J. E. Hutch ens and Bob Blair were inducted as new members of the business club.
MENTIONED IN THIS ARTICLE
Furniture City American Business Club
J. E. Hutchens
Bob Blair
Nicholas Trial Recesses Amid Love Letters and Tears
The Nicholas murder trial paused as testimony featured a reconciliation letter and sobbing from Mrs. Nicholas. Prosecution aimed to show suicide intent, while the defense presented a note and clothing linked to Teel. She recalled their 1943 first date and frequent meetings, including trips to Havana, Chicago, and St. Louis.
MENTIONED IN THIS ARTICLE
Symmes
Teel
Nicholas
Havana
Chicago
St. Louis
Restored Tryon Palace Earns Praise for Revival Effort
The restoration of Tryon Palace is praised, led by Mrs. Lathem and Mrs. John A. Kellenberger, with support from New Bern and Greensboro figures. The project, costing about three million dollars, followed decades of work after Mrs. Lathem’s death in 1951. Built 1767 to 1770 by Royal Governor William Tryon, the palace stood as a colonial landmark until most of it burned on February 27, 1798.
MENTIONED IN THIS ARTICLE
John A. Kellenberger
Tryon
America
New York
Seven year irrigation plan to transform Central Asia
Radio Moscow reports a joint Soviet project by Uzbekistan Tajikistan and Kazakhstan to irrigate an area in Central Asia about twice the size of France. The seven year effort aims to convert arid lands for cultivation across multiple republics.
MENTIONED IN THIS ARTICLE
Irrigation Plan
London
Radio Moscow
Central Asia
France
Uzbekistan
Tadjikistan
Kazakhstan
Understanding Budd's Debt and Preferred Stock for Investors
The piece explains Budd has 115,000 in 5 percent preferred stock and $28.7 million in long term debt ahead of common, totaling about $40 million in fixed obligations. It argues debt can leverage common shareholders through low cost financing, as rising business benefits the equity while debt payments stay fixed, and notes that many large firms successfully carry debt. Mr Shulsky will answer questions in his column.
MENTIONED IN THIS ARTICLE
North American Aviation
Budd
Frogman Plans Montreal to Quebec City Swim
Louis Lourmais, 38, a frogman, aims to swim from Montreal to Quebec City this weekend. A Montreal brewery sponsors the stunt as Lourmais hopes to begin Friday and complete the 180 mile journey in three to four stages, averaging about 50 miles per leg.
MENTIONED IN THIS ARTICLE
Montreal
Louis Lourmais
Monttreal
Quebec City
Lourmais
Blast Damages Negro Home in Collins Park
A Tuesday night explosion damaged the home of Mr and Mrs George Rayfield and daughter Geraldine 14 in Collins Park Wilmington. Police say strong probability it was a bomb. The Rayfields moved in Feb 23 and had faced neighbor demonstrations with rocks and arrests.
MENTIONED IN THIS ARTICLE
Wilmington
Del
Collins Park
George Rayfield
Geraldine
Rayfields
Sisal Fiber From Central America and Mexico
Sisal is a fibre from leaves used to make string and awnings. It is grown mainly in Central America and Mexico.
MENTIONED IN THIS ARTICLE
Central America
Mexico
Also Mentioned on This Page
Kennecott
Lorillard and
Merck
U.S
American Can Co
Allied Chemical & Dye
American Tobacco Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central RA
Cone Mills Corp
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Aoa Corp
General Dynamics
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Cheerwine
Wfmy-Tvv
Greensboro
Rene
Adventure
RFC Piedmont
Arthur Goofrey
Love Lacy
Jimmy Dean
Art Linkletter
Wsjs-Tv
Winston-Salem
Real McCors
Price Is
Bat Masterson
Saber of London
Jack Paar
Classroom
Harvey Dinkens
RCA ‘Victor
Television Sales & Service
North Main ST
Wsoc-Tv
Charlotte
Milton Berle
Our Life
WBTV
Pernes
Margie
Wunc-Tv
Chapel Hill
Channel
Arta Laboratory
Wsls-Tv
Roanoke
General Tires
Hughes Tire Service, Inc. & Fr
Hughes
North Main
May Eschevecenes
Eunee Eee
Mar
Erenne Ee
By Alton Blakeslee
Associated Press
Sun
Business Club
Rogers
Insurance Agency
N. Main St
Investors Guide
Weathertron
Zorro
Ae Na
Tyrone Power
Linda Darnell
Basil Rathbone
Walt Disney
Sorc
Dway Drive-In
Thomasville Road
Jiffy Car Wash
W. Broad St
Meorwar
Peay
American International Picture
Jaycee Jollies
Ene
W. R. Hudson
Audrey Hepburn
Anthony Perkins
Firestone Stores
Jhalwallis
NEW Service Laundry
Centennial Ave
Ponnters O Theatre
Bui
Kathy Marlowe
Lon Cz
Saly Fraser
Mehar
Shp Ward
Sandra Gles
Bruno VE Sota
VTA Touay
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