Market Slides Amid Rail and Auto Stock Weakness
U.S. shares drifted with rails hit by administration policy concerns and autos fading after initial gains. Major rails fell about a point while American Motors advanced on Rambler demand. Ford Chrysler GM showed minor losses. AP average slid about 80 cents as industrials and energy issues weighed, with several large names posting fractional moves and mixed futures signals.
MENTIONED IN THIS ARTICLE
American Motors
Continental Motors
Studebaker
Packard
Ford
Chrysler
General Motors
Washington
Southern Pacific
Baltimore & Ohio
Associated Press
New York
Bache & Co
Can Co
Allied Chemical & Dye
American Tobacco Co. BB
the Borden Co. Ooty
Eseneeeenees
Bethlehem Steel Bbm
Sesvvees Voxs
Burlington Mills
WD Doc
Eeveeveeeses
Chrysler Corp
MBM
Ecssvensee
New York Central
Ariby Maf Ceverscvees
Carolina Light & Power Soi
Ceovecocccess
DuPont de Nemours
Dow Chemical
Southern Ray
Eastern Airlines
3. P. Stevens Co
Consolidated Edison
American Tel. & Tel
Eastman Kodak
the Texas Co
Greyhound Corp
Union
Best Advice I Ever Had
Reader’s Digest proposes how Jackie Robinson faced pressure with Branch Rickey’s guidance. The piece urges readers to adopt practical calm when life heats up and calls the plays as they see them.
MENTIONED IN THIS ARTICLE
Jackie Robinson
Rickey
Economic Advice Reversed Yet Buying Urged by Analysts
The piece discusses mixed guidance on saving and buying amid a sagging economy. It notes savings rising by over a billion dollars in banks and loan associations, rising U S Savings Bond sales, and continued high overall spending while some big-ticket purchases delay. It cites uncertain future prices and rising operating costs as dampeners to further buying.
MENTIONED IN THIS ARTICLE
New York
Savings and Loan
U.S
Department of Commerce
Woman shoots masked intruder during robbery in self defense
Mrs. Jones said she saw her husband park near the house and carry a cash box inside. A masked assailant attacked, and she fired once from the doorway, killing the intruder while her husband lay injured. Police seek answers on accomplices and getaway.
MENTIONED IN THIS ARTICLE
Jones
David
Governor Hodges Defends Jordan Appointment and 1960 Plans
Governor Hodges answered critics of his appointment of Jordan saying he would seek re election in 1960 only if he does a good job. He denied considering a selfish bid to place Luther Earnhardt as governor and noted he expects no obstacle from the state Democratic Executive Committee to Jordan's renomination for the remaining two years of Scott's term.
MENTIONED IN THIS ARTICLE
Jordan
Scott
Hodges
Luther Earnhardt
Evan Bandi
Sen
Democratic Executive Committee
Communists Walk Out Of Yugoslav Party Congress
Soviet observers, led by the ambassador, walk out as Yugoslav leader Rankovic accuses Moscow allies of reviving old Cominform pressure on Tito. Poland remains seated as a boycott attempt to send delegations continues. The act underscores a widening split between the Kremlin and Yugoslavia over independence.
MENTIONED IN THIS ARTICLE
Ljubljana
Yugoslavia
Moscow
Communist Party Congress
Tito
Poland
Alexander Rankovic
Kremlin
Oil Heater Fires Prompted Three Alarms
The fire department logged three oil heater fires yesterday in warm weather caused by carbon deposits in heaters absorbing oil. Flooded heaters triggered calls at 2:51, 7:40 and 10:50 p.m. No damage was reported in any incident. owners urged to keep heaters clean.
Fire District Meeting Set at Deep River Church
The Deep River Fire Association will meet tomorrow night at 8 at Deep River Friends Church to finish organizational business and set specifications for purchasing a fire truck. Citizens of Deep River area including Lindale subdivision Greensboro Road from High Point to Jamestown and Manor Drive are urged to attend.
MENTIONED IN THIS ARTICLE
Deep River Fire Association
Deep River Friends Church Educational
Deep River
Lindale Subdivision
Greensboro Road
High Point
Jamestown
Manor Drive
Observer attendance at recess cited by nations listed
The record notes that recess began with envoys from Red China East Germany Bulgaria Romania Hungary Mongolia and North Viet Nam present. Czechoslovakia and Albania had no observers.
MENTIONED IN THIS ARTICLE
Red China
East Germany
Bulgaria
Romania
Hungary
Mongolia
Viet Nam
Cechoslovakia
Albania
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