Rail rally powers stock market recovery in early New York trading
Stocks advance on rail shares after an initial drag from steel and motor makers. The Dow rises 1.46 to 712.47 at noon with heavy volume, as rail carriers lead gains and steel losses shrink. Major names include Northern Pacific Chesapeake and Ohio Southern Railway Union Pacific Norfolk and Western and Southern Pacific.
MENTIONED IN THIS ARTICLE
New York
Steels and Motors
Steels
Rails
Big Three Motors
U.S. Supreme Court
High Court
Interstate Commerce Commission
Dallas
Fort Worth
Northern Pacific
Chesapeaker & Ohio
Southern Railway
Union Pacific
Norfolk & Western
Southern Pacific
U.S. Steel
Jones & Laughlin
Chrysler
General Motors
Ford
Studebaker
Texas Gulf
Socony-Mobil
Dow Jones
American Stock Exchange
U.S
Aliied Sec Ins. Co
Allvac Metals Co
Lle
Cryogenics, Inc
Fidelity Life
Am Furniture Co
BBS Studios, Inc
Carolinas Capital Zeres
Colonial
Drexel Enterprises
First So Co
First Union Nat'l Bank
Gulf Life Insurance
Harris-Teeter
Hatteras Yacht Eee
Holiday Inns of Am
Prev
Intermountain Tel
Jefferson Stud Life
Adams Millis Ll
Allied Cheetae Eee Towne
Kavanagh-Smith & Co
Lance, Inc
Allis-Chal
1Ife & Casualty Insur
Am Can Co . Eteeeeee
Enka Seeeses Ee
Mary Carter Paints
Am Motors Eee Er
E. F. MacDonald
Tel&Tel Tee
N. C
Pyramid Life Ins
Bendix Corp
Scottish Bank
Beth
Boeing Air
See Life & Trust
Borden Co
Superior Cable
Eeeeeee
ThermoPlastics Corp
Burroughs Corp
Thomasville Furn Ind
Caro P&l
Celanese Corp
Wachovia Bank & Trust
Chain Belt
Universal Pub Com
Champion P&f
Univ Pub
Ches & Ohio
Chrysler Coca-Cola
Columbia G&e
Curtiss Wrt
Dan Riv Mills
Dow Chem
Duke Pow
DuPont den
Open East Airl
Eastman Rod
Firestone
Oet
Foote Min
Ford Motor
Mar Eee
Gen Foods Ee Sereeereee
Julerpreseses Eens
Oet Ee Eeeserseseeveers
Gen Mot
Gen Tel&Tel
Eee Eeee
Goodrich BF
Greyhound
Gulf Oil Corp
Int Paper
Int Tel&Tel
Kayser-Roth
Liggett & Myers
Lockh Air Pe
Natl Biscuits
Nat Dairy Pd
Nat! Distillers Ee Benenee
NY Central
Coveree
North West
No Am Avia
Param Pict
Penney JC
Pennsy RR
Pepsi Cola
Phillips Petr
Pitt Plate Gls
Pure Oil
Radio Corp
Reynolds
Std Oil NJ
Stevens JP
Texaco Inc
Textron Inc
Union Bag
UN Carbide
Union Pac
United Airlines
United Aire
United Fruit
US Rubber
US Steel
Over-Counter Stocks as of April 23 1963
The following bid and asked prices from the National Association of Securities Dealers and other sources are unofficial. They show approximate ranges within which these securities could have been sold or bought at the time of compilation. Origin of quotations available on request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Furniture market views and trends at High Point exposition
The article notes strong July delivery plans for a new bedroom suite and a lively spring market. John Tobin of the Southern Buying Syndicate calls the market active with good delivery schedules. designer Jiranek predicts a World’s Fair sparked design surge and broad demand for Italian Provincial to Danish Modern styles. Market activity at the Furniture Plaza shows slight slackening as the week-long event, run by Furniture Factories Marketing Assn., nears its Friday close.
MENTIONED IN THIS ARTICLE
John Tobin
Southern Buying Syndicate
Leo Jiranek
Bassett Furniture Industries
Jiranek
Jivanek
Exposition Building
High Point
Furniture Factories Marketing Assn
South
Economy Focus Marks NC Conservation Board Meeting
North Carolina economy dominates the Conservation and Development Board session in Greenville. A Commerce Department report shows NC fell from 42nd to 44th in per capita income last year despite a 4 percent rise. Sanford urges expanding food processing to boost the region.
MENTIONED IN THIS ARTICLE
Greenville
N. C
North Carolina
Conservation and Development Board
U.S. Commerce Department
Sanford
C&d
Hargrove Bowles
Lawmakers clash over tobacco program and debt adjusters
State officials criticize tobacco support and debt adjusting firms as House bodies hear arguments on outlawing debt adjusters. Edwin S. Lanier rejects regulation, while Sen. John Jordan defends the New Jersey based approach as constitutional. Adoption bills moving through committees die.
MENTIONED IN THIS ARTICLE
Flam Artists
House Judiciary I
Edwin S. Lanier
John Jordan
Wake
Jordan
Pennsylvania
Kansas
New Jersey
House
Judiciary II Committee
Briton General Hull Arrives for U.S. Inspection Tour
Gen. Sir Richard Hull chief of the imperial general staff of Great Britain and two aides landed in New York on Monday for a two week inspection tour of American military installations on the East and West coasts.
MENTIONED IN THIS ARTICLE
New York
Sir Richard Hull
Imperial General Staff of
Great Britain
Burlington Industries marks 40th anniversary in original plant
In Burlington North Carolina directors report consolidated net sales of 537.491 million for the six months ending March 30, up from 496.852 million a year earlier. Net earnings total 21.009 million. A 20 cent per share dividend was declared. The meeting took place at Pioneer Plant, the firm’s first facility.
MENTIONED IN THIS ARTICLE
Burlington, N.C
Burlington Industries
Pioneer Plant
Dividend Declared On Common Shares By Board
The board declared a quarterly dividend of 30 cents a share on the 12,108,000 common shares outstanding as of March 31. Earnings for the six months were 19,463,000 or 1.58 a share on 11,936,000 shares. Dividend payable June 1 to stockholders of record May 3, 1963.
Greene Free From Cuban Jail Seeks Next Move
Donald Joe Greene of Clover South Carolina and Gas tonia North Carolina among three Americans freed from Cuban prisons arrive at Homestead Air Force Base Florida. Greene plans to fly to Oakley California to be with a sister while awaiting recuperation and possible return to North Carolina. Authorities in Gaston County say warrants for issuing worthless checks stand.
MENTIONED IN THIS ARTICLE
Miami
Fla
Donald Joe Greene
Greene
Clover
S.C
Gastonia
N.C
American Red Cross
Oaksland
Calif
Associated Press
Aloc Eugene Gibson
Mount Gilead
North Carolina
Homestead Air Force Base
James D. Beane
Cedar Falls
Isle of Pines
Homestead
Gaston County
Patrolman Arrested On Liquor Charge in North Carolina
Raleigh AP report says Trooper Lacy H. Smith of Troop C in Yanceyville was dismissed after a raid found nine gallons of white whisky in his patrol car near the Durham County line on U S Highway 70. He is jailed on $150 bond and had six years with the patrol.
MENTIONED IN THIS ARTICLE
Raleigh
C. R. Williams
Lacy H. Smith
Yanceyville
Smith
R. A. Tripp
Cpl
W. E. Norwood
Orange County
Durham County
Recorders Court
Hillsboro
Highway Patrol
Senate strips counties from Sunday sale ban list
A statewide move to ban Sunday selling of a long list of articles was amended to remove Avery Brunswick Dare Haywood Jackson and Carteret from the provisions. Exemptions also applied to Chimney Rock Township Rutherford County areas along the Blue Ridge Parkway Ashe Alleghany Watauga counties and Blowing Rock Township. Senate rejected an amendment to add alcoholic beverages to the list. A separate bill allowing North Carolina truck drivers to keep licenses after speeding convictions in other states won Senate approval on second reading by a 25 20 vote amid highway safety criticisms.
MENTIONED IN THIS ARTICLE
Avery
Brunswick
Dare
Haywood
Jackson
Carteret
Chimney Rock
Rutherford County
Blue Ridge Parkway
Ashe, Alleghany
Watauga
Blowing Rock
Senate
Charles W. Strong
North Carolina
Two More Arrested In Robbery Case
In Madison, two more suspects were charged in the January 15 robbery at dentist Dr. C. W. McAnally's home. Mary Anne Daye and Henry Leonard were named accessories after the fact and conspiracy, each held on a ten thousand dollar bond. Earlier, Joseph Watkins and Howard Knight faced charges for breaking in and stealing the safe.
MENTIONED IN THIS ARTICLE
Joseph Thomas Watkins
Greensboro
Howard Eugene Knight
Charlotte
Prisoner accounts of abuse and racism in postwar camp
A former internee accuses guards of brutal treatment and humiliation in a wartime camp. He alleges forced labor, starvation rations, and insults targeting Americans and Black prisoners, portraying a system run by ill educated guards and inhumane conditions.
Conscience and Cold Feet Quote Sparks Debate
A terse line contrasts moral conviction with hesitation, suggesting some men mistake nerves for virtue. The remark implies caution or fear guides actions more than true conscience, provoking reflection on character and decision making.
Space Firms Must Improve Products
NASA official Joseph F. Shea told more than 500 scientists and engineers that aerospace firms must boost quality of rocket and spacecraft parts to ensure lunar landing programs succeed. He urged stringent factory level checks and reliability testing for Gemini and Apollo components.
MENTIONED IN THIS ARTICLE
Dallas, Tex
U.S
Joseph F. Shea
National Aeronautics and Space Administration
Office of Manned Space Flight
Shea
NASA
Also Mentioned on This Page
Burlington
Mary Pickford
Los Angeles
North Carolina Television Broadcasting Company
Silent Screen
Charles
Buddy) Rogers
Miss Pickford
Piedmont Publishing Co
Winston- Salem
Wey Pak As
Grey Mose Lee
Aypsy
Greensboro Rd
Gibson
United States
Dean Lana Martin
Will
George Montgomery
Mockingbird
Gregory Peck
High Point New
Welch Fairgrounds
Deep River
Ebay
Ehh
Ortans
Freddie Camestrelli
Rosa Rosa
Cristiani
CME
Eva
Famous Horse Royal
Mesh
Imc
Howard Benedict
Debbie Reynolds
Cliff Robertson
Holiday Motors
North Main St
Jack Malmsten
Thomas Console
Grimsley Senior High School
Ferndale Junior High School
Wright-Womble-Pitts, Inc
North Main Street