Stock Market Gains Pause Amid Profit Taking On Rumored News
Stocks rose today with brisk turnover as rails and metals led gains before profit taking pulled prices back. Chrysler Bethlehem Steel and major names like Pan American and United Aircraft traded heavily ahead of quarterly reports while some boosts from Alcoa and Republic Steel faded. The National Beef Council lists top cattle breeds led by shorthorns and Herefords.
MENTIONED IN THIS ARTICLE
New York
Lukens Steel
Chrysler
Bethelhem Steel
Bethle
Santa Fe
Illinois Central
Baltimore & Ohio
New York Central
Chesapeake & Ohio
American Sugar
Getty Oil
United Aircraft
Zenith
Peninsular Telephone
General Telephone
Bohn Aluminum
Youngstown
Aluminium Ltd
International Nickel
U.S. Steel
Republic Steel
Phelps Dodge Kennecott
Texas Co
Bache & Co American Can Co
Allied Chemical & Dye Abm Tobacco Co
Borden Co
Bethlehem Steel
Carolina Light & Power
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated F.dison
Kodak
General
International Tel
UN Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western Ry
Phillips, Petroleum
Pennsylvania Railway
Pepsi-Cola
Proctor & Gamble
Reynolds Tobacco
Sears Roebuck Southern Ry
J. P. Stevens
American Tel
Tel
The
Texas Cola Union Carbide & Carbon
United Aircraft Corp
Westinthouse Electric Co
Ite U. S. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
National Beef Council
U. S
Santa Gertrudia
Local Dean undergoes bee venom protection trial
Louisville medical school dean Dr. J. Murray Kinsman carries venom in his veins as protection after six stings per year. He began a new vaccine a year ago to guard against bee wasp and hornet stings, with the manufacturer reporting 29 allergic reactions and only one mild case.
MENTIONED IN THIS ARTICLE
Louisville
University of Louisville ‘Medical School
J. Murray Kinsman
Kinsman
la Wasp
Price Income Squeeze Hits Consumers
In New York SAM DAWSON reports that rising living costs drive a price income squeeze for consumers while businesses face a price cost squeeze. Costs lag as wages and services push up expenses, though some firms cut costs and boost efficiency to weather the first-quarter earnings.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Dow Jones Averages Snapshot from Market Furnishings
The report shows Dow Jones averages including industrials and rails with mixed readings across listings. It references figures around 148.69 to 146.73 for industrials, and rail values near 173.30 to 172.66 amid a broad set of 65 stocks and large turnover totals.
MENTIONED IN THIS ARTICLE
Bache & Co
AB Club Hears Young Musicians In High Point Event
Three High Point High School students entertained the High Point American Business Club at the Sheraton Hotel. Betsy Ross Davis and Sandra Parnell sang with piano by Sylva Newton. The club plans the district convention set for May 17 18 in High Point. Roger Morgan won the attendance prize. President Lee Sherill led the meeting.
MENTIONED IN THIS ARTICLE
High Point High School
High Point American Business Club
Sheraton Hotel
Betsy Ross Davis
Sandra Parnell
Sylva Newton
High Point
Roger Morgan
Lee Sherill
WE Workers In Sympathy Walkout Across 22 States
A union official says about 9,800 Western Electric employees in 22 states plan a sympathy walkout today. The action arose from a dispute over transfer policy with Dallas area workers assigned to Waxahachie. About 1,300 Texas and Oklahoma installers joined in, with 3,000 in the Atlanta district the prior Monday.
MENTIONED IN THIS ARTICLE
Dallas
Western Electric Co
Carolinas
G. W. Cantrell
Communications Workers of America
Waxahachie
Tex
Texas
Oklahoma
Cantrell
Atlanta, Ga
G. K. Bohart
Western Electric
D. K. Vickery
Riots in Amman Challenge Jordan Leader Amid Tense Crisis
In Amman crowds protested outside Government House as leftist and pro Egyptian elements clash with loyalists. Amin Shukeir of Baath urged calm while Bedouin troops backed King Hussein after two weeks of turmoil.
MENTIONED IN THIS ARTICLE
West Bank
Jordan
Palestine
Hussein
Khalidi
Egypt
Syria
Middle East
Government House
Amin Shukeir
Baath Party
Amman
Jordan Army
Mussein
Soviet Premier Calls for Peace in Middle East and Coexistence
In a new letter to Britain and other nations, Bulgania urges recognition of Arab world independence and urges adherence to peaceful settlement of disputes. He argues economic interests in the Middle East hinge on negotiations and fair treatment, asking if lasting peace is possible without cooperation and non aggression.
MENTIONED IN THIS ARTICLE
Great Britain
Middle East
Britain
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Newsmen urged to report from China under limited access
The piece notes a push from press leaders and a protest against the State Department while Secretary Dulles offers a one time opportunity for a small group of responsible reporters to visit Red China. The offer requires prior approval by top figures in the newspaper world and aims to prevent a mass influx of Americans.
MENTIONED IN THIS ARTICLE
Associated Press Board of Directors
China
Dulles
Red China
Dwight
United States
Canada
Also Mentioned on This Page
Business Mirror
Dow-Jones
AB Club
McLarty's Drug Store
Church ST
Candies
Spradley S Super Market
Jos. Schlitz Brewing Co
Milwaukee, Wis
Brooklyn
N.Y
Los Angeles
Cal
Kansas City
ARES
Milwaukee
Schlitzkepr
Per Ang En
Bulgania
Soastiey
Stele
State Department
Zemo
Zemao
Schlutzfellows
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