Market gains follow Kennedy Blough talks amid steel price tension
Wall Street traded higher as gains in steel shares helped offset earlier declines after a price crisis. Ford retreated from early gains while Polaroid IBM Beckman Zenith rose. Dow Jones noon at 691.78 with most issues advancing. bonds mixed as dealers reassessed after the Kennedy Blough conference.
MENTIONED IN THIS ARTICLE
Wall Street
Kennedy
Roger M. Blough
Steel
American Stock Exchange
U.S
World disarmament plan aims three stage treaty
A phased disarmament proposal calls for a first stage banning nuclear tests under international control and halting fissionable material production, plus a 30 percent cut in delivery vehicles and conventional arms. The U S and Soviet Union would cap armed forces at 2,100,000 each by stage end, with further reductions in later stages and a UN peace force supervising dearmament progress.
MENTIONED IN THIS ARTICLE
United States
Soviet Union
Coast Line
Aveo Cp
Bendix
Beth St
Boeing
Ceeeennses
Celanese Corp Cous
SIRI
Curtiss Wrt Reeveee
Dan Riv Mills
Douglas Airc
Int
Nickel Can
TS Int Paper
Tel & Tel
Kayser-Roth
Kenct Cop
Liggett & Myers
Lockh Air —S
Lorillard P
He McLean Trk
Monsanto Triseeee
Monty Ward
Montorola Co Time Toyg
Teen Eeenrns
Wenmemeeenew Seers Nwo
Nat Biscuit
Jers
Nat Dairy Pd
T. B. Hammitt
Ring Prev
Nat Distillers
Street
Richard Lee Hughes
Openny Central
Scsece
Crestwood Drive
Adams Millis
North West
Allied Ch
Am Avia
Allis-Chal
Ohio Oil Sileeeesss
Param Pid Seccess
Penney Ware
Pennsy RR
PepsiCola
Phillips Petr
Radio Corp
Sears Roebuck
Sou Railway
Sperry Corp
Calif
Ind
Sid Oms
Steves JP
Texaco Inc
Hm“ Dh Textron Inc Wm
Union Bag
UN Carbide
Ameryjnion Pac
United Airer
Ameri
United Fruit
China
Va-Care Chem
Va. P&p
West Union
Westing E
Winn-Dixie
Viet Union
Woolworth
Red China
Zenith Rad
U.N
Four Vehicle Collisions Reported With Damages Totals
Police logged four accidents with damages totaling 960 dollars. The first at W Lexington Avenue and Westchester Drive involved Maggie Spencer Graham and Hildred Greenwood. no injuries or arrests. The second at Mangum Avenue and Kearns Street involved Curtis Myers and Tony Lee Johnson. no injuries.
MENTIONED IN THIS ARTICLE
Hughes
Lexington Avenue
Westchester Drive
Maggie Spencer Graham
Greenway Drive
Hildred Greenwood
Knoxville
Tenn
Graham
Lexington
W. Avenue
Westchester
Greenwood
Mangum Avenue
Kearns Street
Curtis Lacy Myers
Player Drive
Tony Lee Johnson
Darr Street
Myers
Johnson
Cotton Futures Open Steady After Slight Dip
New York AP reports cotton futures opened unchanged to 15 cents a bale lower than the previous close, signaling a quiet start to trading with limited price movement.
MENTIONED IN THIS ARTICLE
New York
Blough Visit Organized After Steel Price Reversal
The visit was arranged last Friday after Big Steel rescinded a price increase. The meeting in New York included Blough and U S Secretary of Labor Arthur J. Goldberg.
MENTIONED IN THIS ARTICLE
Blough
Big Steel
New York
Secretary of Labor
Arthur J. Goldberg
Babcock's License Suspended In Multi-Violation Case
Winston-Salem Municipal Court Judge Leroy W. Sams fined Charles H. Babcock Jr. 200 dollars and suspended his license for four months with a three month term suspended for two years. Babcock, 30, Reynolda, has 15 prior traffic convictions since 1953 and has announced candidacy for the U S Senate as a Republican.
MENTIONED IN THIS ARTICLE
Winston-Salem
Leroy W. Sams
Charles H. Babcock Jr
Reynolda
Babcock
U. S. Senate
President supports free private enterprise and wage growth
The President defended free private enterprise and voluntary collective bargaining while urging cooperation between industry and labor. He pledged to back wage settlements tied to productivity to curb inflation and claimed industrial profits will be among the highest in history. He noted the steel industry grand jury probe remains under jury consideration for possible antitrust or price fixing violations.
MENTIONED IN THIS ARTICLE
New York Federal Grand Jury
Kennedy weighs restatement as steel turmoil continues
Officials view a White House briefing and Kennedy’s April 30 address to the U S Chamber of Commerce as a platform to redefine administration stance toward business amid steel price upheaval. A Senate probe into steel pricing is planned, and responses to policy shifts are mounting.
MENTIONED IN THIS ARTICLE
Kennedy
White House
I J
U.S. Chamber of Commerce
Chamber
Estes Kefauver
D-Tenn
Senate
Hubert H. Humphrey
Robert S. McNamara
Lukens Steel Co
Melvin R. Laird
Wisconsin
Gerald R. Ford Jr
Michigan
Ford
U.S. Steel
Lukens
Big Steel
Rockefeller Seeks GOP Unity On Domestic Foreign Policy
Gov. Nelson Rockefeller of New York meets a Senate House committee to offer views on major policy issues as Republicans weigh a unified stance. He argues against chasing liberal or conservative labels and pushes a plan including elderly security financing and a broad medical care proposal, echoing debates over Kennedy economic strategy.
MENTIONED IN THIS ARTICLE
Washington
Senate House Committee
Nelson A. Rockefeller
New York
Rockefeller
GOP
Kennedy
Congress
Detroit
Senate House Republican
Arts Council May Bulletin Seeks May Listings
The High Point Arts Council prepares its May cultural events bulletin and invites organizations to submit programs. Interested groups should contact Phil Reines at the Chamber of Commerce and send listings by April 26.
MENTIONED IN THIS ARTICLE
High Point Arts Council
Phil Reines
Chamber of Commerce
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Motors
Chrysler
Polaroid
IBM
Beckman Instruments
Zenith
American Telephone
U.S. Gypsum
du Pont, Radio Corp
Johns Manville
Reynolds Tobacco
Deyee
Roy Moir Bryant
Rt. 1
Kernersville
Francis Early Bodenhamer
Rt. 6
Larry Neil Patterson
Horneytown
N. Main Street
Patterson
Bodenhamer
Bryant
Scientific Street
Hammitt
Dow Jones
Bache & Co
A.m
Renault
Complete Service Department
S. Main St
Horace G. Ilderton
Peugeot
Dodge
Monaural & Stereo Records
Diamonds and Sapphire
Gerry
Rialto Theatre
Peutooin
Leathernecks
Jima
Ivana
Iwo Jima
Archdale
M-G-M Presents
LUXE
Felicia Farr
Rockefeler
Social Five
Midway Drive-In
High Point
T’ville RD
Sophia Loren
Joseph E Lewne Preserts
NEW Service Laundry
Centennial Ave
K & W Cafeteria
Arts Council
Troy Donahue
Connie Stevens
Korea
Susansiade
Ray Charles
Bobby Vee
Roger Williams
Swinenny
Tommy Noonan
Y Vee
Pete Marshall
Barbara Eden
Pooeee
Elvis
Mitsarew Ghit Romance
Elvis Presley
Donald Duck
Puta
Meto Goldwyn Mayer Presents
Jim Hutton
Paula Prentiss
Jack Carter
Meni Backus
Charles McGraw
Émiyoshi
Umek
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