Market dips and rebounds as margins rise to 70 percent
New York stocks slipped early then steadied after the Fed lifted margin requirements to 70 percent. The move limits buying power to 30 percent and aims to curb margin speculation. Volume remained heavy at midday with many leaders showing gains.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Wall Street
Seven Month Babies and Buyers Boost Sales Tactics
A Detroit preacher boosts auto sales by promising church funds for each parishioner who buys a car from the dealer. The tactic is highlighted alongside notes on consumer habits, newspaper billing, and retail insights such as shopper behavior, door to door delivery, and the value of instant readings from new thermometers.
MENTIONED IN THIS ARTICLE
Winston Churchill
Detroit
Olney
Daily Mail
Miss Blank
Harvard Business Review
Harvard Business Bible
Springfield
Mass
Lad Saves Playmate From Death By Burning
Twelve year old Donald Nelson was credited with saving his playmate Tommy Wright from death when Tommy’s mother caught fire in the backyard camp. Donald rolled him on the ground and smothered the flames. A doctor said Tommy was expected to recover completely.
MENTIONED IN THIS ARTICLE
Spartanburg
D. C
Donald Nelson
Tommy Wright
Tommy
Donald
Airborne Birthday Greeting Over Los Angeles
An airplane flew over Los Angeles yesterday carrying a message for Phil Rosenberg a 42 year old celebrating his birthday. The stunt was organized by two friends who arranged the display with the flying banner reading Happy birthday Phil and Sam.
MENTIONED IN THIS ARTICLE
Los Angeles
Sam Phil Rosenberg
Phil
Sam
Rotarians Sweep City Streets in East Los Angeles
In East Los Angeles a 60 member Rotary Club group and 10 wives cleared 10 miles of streets and alleys. They hauled away more than 20 truckloads of trash papers and weeds during the spring cleanup.
MENTIONED IN THIS ARTICLE
Los Angeles
Rotary Club
Koran Ship Sinks After Reef Collision Near Koje Island
Twelve passengers drowned when the Korean vessel Sammoyong Ho hit a submerged reef near Koje Island south of Pusan. Police said 61 others aboard, including crew, were rescued from the crowded 30 ton ship.
MENTIONED IN THIS ARTICLE
Pusan
Korea
Koje Island
Here
German flag to fly at all ministries after sovereignty
Bonn reports that Konrad Adenauer's government orders all federal ministries to display the black red and gold flag daily once sovereignty is recognized under the Paris treaties. The directive emphasizes national unity as West Germany moves toward full statehood.
MENTIONED IN THIS ARTICLE
Bonn
Germany
Konrad Adenauer
West Germany
Ports Board To Stay In Wilmington
The State Ports Authority will keep its permanent headquarters in Wilmington after a day-long meeting. A Morehead City delegation urged moving it to Raleigh, but the SPA said its interest is in benefiting all North Carolina ports. The statement noted two major ports handled more tonnage in early 1955 than in 1954 and stressed balanced support for all regions.
MENTIONED IN THIS ARTICLE
Charlotte
State Ports Authority
Wilmington
Morehead City
SPA
D. G. Bell
Rep. Bell
Morehead
North Carolina
Bell
Carteret
New Hanover
American Girl hairstyle debuts at beauty congress
In Los Angeles the American Girl hairstyle was unveiled at the International Congress of Beauty. Herbert Dedman, Hollywood Hair Design Council director, says the trend marks a shift from Italian looks and shaggy styles to a high, clean plateau with curl bangs and soft waves.
MENTIONED IN THIS ARTICLE
Los Angeles
Hollywood Hair Design Council
Herbert Dedman
Dedman
Grounded Ketch Nola Sergent Rescued as Winds Hamper Tow
Southwest 20 to 35 mph winds prevented Coast Guard cutter Agassiz from towing the 40 foot Canadian ketch Nola Sergent to shore after it ran aground off Cape Lookout Shoals. Three crewmen saved by breeches buoy. captain N E Sergent and crewman Douglas McKinna rescued, Bruce Stevens swam ashore. Vessel valued at 10,000, to be docked for inspection.
MENTIONED IN THIS ARTICLE
Morehead
City
N. C
Coast Guard
Agassiz
Cape Lookout Shoals
N. E. Sergent
Grosvenor Ave
Westmont
Quebec
Canada
Douglas McKinna
Elmore Ave
Glasgow S4
Scotland
Bruce Stevens
Rt. 1
Madison
Wis
Cape Lookout Coast Guard Station
Samana
Miami
New York
Rail Bridge Burned in Southern Strike Turmoil
Atlanta reports a new wave of cable cuttings and a Louisville & Nashville bridge burned near Calera Alabama ending the 43rd day of regional telephone and railroad strikes. A 104 foot span was damaged, $150000 in damages cited, 25 sticks of dynamite found near Wasioto Kentucky, and tensions widen as governors seek mediation and protests flare in Miami.
MENTIONED IN THIS ARTICLE
Atlanta
Florida
Kentucky
Mobile
Montgomery
Southern Bell Telephone Co
Alabama
Louisville & Nashville
Calera
Ala
F. W. Kirchner
L&n Division
L&n
Wasioto
Pineville
Robert Rose
Washington
L&n Company
National Mediation Board
Lawrence Wetherby
Nashville
Miami
Fla
Barbourville
Marvin Griffin
Georgia
Hugh White
Mississippi
James Folsom
Communications Workers of America
CIO
Southern Bell
SEN
Drift To Left Seen In French Local Elections
Paris reports a drift to the left in local voting as Communists and Socialists claim gains. Interior Minister Maurice Bourges-Maunoury notes the leftward shift across the country council elections. The Communist daily Humanite cites gains of six seats and rising vote totals since 1949, aided by local pacts with Socialist groups despite weak council powers.
MENTIONED IN THIS ARTICLE
Paris
Maurice Bourges-Maunoury
Humanite
Communist Party
Air Force Slashes Bomb Production Budget
Washington reports the Air Force cut 959 million dollars from its conventional bomb program for the year due to a growing nuclear stockpile. Maj. Gen. Frank A. Bogart testified before the House Appropriations subcommittee that the service will spend 1.143 billion dollars on conventional bombs through June 30, with no figures given for quantities.
MENTIONED IN THIS ARTICLE
Washington
Air Force
Frank A. Bogart
House Appropriations Subcommittee
Rep
Scrivner
R-Kan
Congress
Baseball results wrap from multiple leagues
Sunday results across American Association and International and Southern leagues. Omaha beat Indianapolis 5 to 1 while Toledo was 2 0 at St Paul. Denver won 13 to 3 over Louisville. Havana defeated Montreal 9 to 6. Havana 46 series noted. Southern Association saw Atlanta dominate Chattanooga 13 to 2. New Orleans 15 to 1 over Memphis. Little Rock 10 to 3 over Mobile. Atlantic play: Savannah beat Macon 6 to 1. Montgomery 5 over Columbia 4. Columbus 8 over Charlotte 2 in 6 innings due to wet grounds. Saturday and Sunday results include Syracuse 6 Rochester 1. Toronto 16 Columbus 9. Richmond 6 Buffalo 5. Montreal 6 Havana 1. Toledo 6 Minneapolis 2. Indianapolis 16 Denver 9. Nashville 4 0. New Orleans 3 Memphis 0.
MENTIONED IN THIS ARTICLE
American Assn
Omaha
Indianapolis
Toledo
St. Paul
Denver
Louisville
Charleston
Minneapolis
Columbus
Toronto
Rochester
Syracuse
Richmond
Buffalo
Havana
Montreal
Southern Assn
Atlanta
Chattanooga
Birmingham
Nashville
New Orleans
Memphis
Little Rock
Mobile
Savannah
Macon
Montgomery
Columbia
Charlotte
Jacksonville
Augusta
12 U S Vets Accept Reds Invitation to Moscow Trip
Washington reports that 12 American World War II veterans forming the American Veterans of the Elbe River Linkup accepted a Russian invitation to travel to Moscow for a May 9 Elbe Day celebration marking the end of fighting in Europe. Funds must be raised for passports and travel, with State Department attitude unsure.
MENTIONED IN THIS ARTICLE
Washington -P
Moscow
U.S
Elbe River
Germany
Joseph Polowsky
Chicago
Polowsky
Mensey
Russia
Baseball Getting Red-Hot Welcome In Kansas City
The Athletics beat the Chicago White Sox 5-0 as Kansas City drew 19,446 fans in chilly wind. Attendance for seven days reached 156,997, averaging 22,? per game, showing strong early support beyond last season’s totals.
MENTIONED IN THIS ARTICLE
Kansas City
Athletics
Chicago White Sox
Hi-Toms Face Twins Tonight in Rain Affected Games
Weather disrupted a busy slate as the Durham Bulls won 5-2 on a late rally while Jim Foxworth faltered after a two hitter. Joe Melago went 2 for 3 and Al Viotto hit two homers as Durham rose in the seventh to snap a 4-2 lead.
MENTIONED IN THIS ARTICLE
Reidsville
Danville
Greensboro
Burlington-Graham
Ed Rains
Southside
Durham
Durham - Fayetteville
Bulls
Frank Skaff
Jim Foxworth
Foxworth
Joe Melago
al Viotto
High Point
Dany
Burlington
Fayetteville
Winston-Salem
Four pacing key circuit standings and league totals
Summary lists league standings through last week with numerous team names and individual averages from TES LEAGUE and city leagues. It notes Patterson Community Credit and other teams, with several players and categories such as Independent and Tire Service among the sections.
MENTIONED IN THIS ARTICLE
TES Leagu
Dark Says Bums Are Third Best
Alvin Dark, captain of the New York Giants, declares the Dodgers are not the season’s top team. He pins hope on the Giants and Milwaukee Braves overtaking Brooklyn and predicts Milwaukee will defeat the Dodgers 13 times. Dark notes aging players Robinson Campanella weigh about 215 pounds and cites July and August as testing months.
MENTIONED IN THIS ARTICLE
Brooklyn
Alvin Dark
New York
Giants
Milwaukee Braves
Dodgers
Milwaukee
Jackie Robinson
Roy Campanella
Dark
Robinson
Campanella
Don Newcombe
Wildcats Celebrate Rowland Spark Of Davidson Baseball
Davidson Coach Clements lauds Bill Rowland as the driving force of the Wildcats 5 and 2 start. The Gastonia native and Davidson senior captain leads in hitting and RBIs, with praised speed and defense. Rowland, a multi-sport standout, will graduate next January and skip pro offers to finish school.
MENTIONED IN THIS ARTICLE
Davidson
Clements
Bill Rowland
Rowland
Gastonia
Sam
Bill
Wildcat
Husky Speedster
Wildcats
Fights Last Night
In Hollywood Jack Johnson of Los Angeles stopped Gene Thompson of Minneapolis in five rounds. Boston fighter Joey Cam stopped Eddie Compo of New Haven in two rounds. Paris light welter Percy Bassett of Philadelphia stopped Seraphin Ferrer of France in ten rounds. Erie’s Doc Watkins of Pittsburgh outpointed Tim Jones of Plainfield in eight. Puppy Garcia of Havana stopped Harry Smith of Brooklyn in seven.
MENTIONED IN THIS ARTICLE
Hollywood
Jack Johnson
Los Angeles
Gene Thompson
Minneapolis
Boston
Joey Cam
Eddie Compo
New Haven
Conn
Paris
Percy Bassett
Philadelphia
Seraphin Ferrer
France
Erie
Doc Watkins
Pittsburgh
Tim Jones
Plainfield
N.J
Havana
Puppy Garcia
Harry Smith
Brooklyn
Versatile hunter uses bow after war service in Texas
Executors notice reports J C Smith of Guilford County North Carolina has qualified as Executor of Nina M Nabors estate. Claims must be presented by April 15 1956. Debts should be settled promptly.
MENTIONED IN THIS ARTICLE
Nina M. Nabors
Guilford County
North Carolina
G. H M. Jones
Wright Building
High Point
Baseball Stat Leaders From 25 At Bats Display Record Leaders
Batting leaders include Kaline of Detroit at .452 with 19 hits sharing the top, and Skowron of New York also with 19. Nieman of Chicago leads in runs batted in with 14, tied by Skowron, while Carrasquel of Chicago leads in runs with 15. Diering, Jensen, Rivera, and Yost top steals with two each.
MENTIONED IN THIS ARTICLE
Kaline
Detroit
Carrasquel
Chicago
Nieman
Skowron
New York
Throneberry and
White
Boston
Kuenn
Power
City
Berra
Fox
Diering
Baltimore
Jensen
Rivera
Yost
Washington
Nixon
Lemon
Covent
Ford
Cleveland
Baseball Leaders and Standouts From the Game
Repulski of St. Louis led hits with 19 and also had 14 runs batted in. Bruton of Milwaukee drove in 17 while Furillo of Brooklyn hit six home runs. Jones of Chicago fanned 21 as Gilliam and Kaimeem of Brooklyn each stole three bases.
MENTIONED IN THIS ARTICLE
Repulski
St. Louis
Bruton
Milwaukee
Snider
Brooklyn
Thomson
Hodges
Lockman
New York
Furillo
Gilliam
Notice to creditors in Kirkman estate Guilford County NC
Co executors T Carlton Kirkman and E Mae Kirkman notify all claimants to present verified claims within one year from March 21 1955 or be barred. All debtors to the estate should settle promptly. This notice dated March 21 1955.
MENTIONED IN THIS ARTICLE
P. W. Kirkman
Guilford County
North Carolina
T. Carlton Kirkman
E. Mae Kirkman
High Point Zoning Board to Hear Two Appeals
The High Point Zoning Board of Adjustment will meet April 28 1955 at 4 p.m. in City Hall to hear appeals from Robert E Bencini Jr for a use permit to build two 24 unit apartments on Eccles St and O H Leake for a 1000 sq ft yard variance for a two family dwelling on Washington Terrace Lots 207 208 Hoskins. All interested parties are urged to attend. Signed Horace Haworth Chairman.
MENTIONED IN THIS ARTICLE
Board of Adjustment
High Point
Underhill
Washington Terrace
Hoskins
Horace Haworth
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Admiral Corporation
Alleghany Corporation Eeeteer
Allied Chemical & Dye Ereeee
Allis Chalmers
Atlantic Coast Line
San
Atlantic
Scccees
Avco Manufacturing
Baltimore & Ohio
Bendix Aviation
Bethlehem Steel
Burlington Indus
Calumet & Hecla Canada Dry
Champion Paper & Fib Oc
Chesapeake & Ohio Oe
Consolidated Edison Oe
Tal Vee
Continental Motor
Eeeteee Dow Chemical
Dupont de Nemour
Eastern Airlines
Paei Auto Lite
Firestone Ru Rubber Esceeseeeses
Freeport
UD Seeveeeesees
General Electric
General Motors Sodus Neeaeeve Wee Goodrich Rubber
Goodyear Rubber
Illinois Central Ooo
Nickel
Tel & Tel Scakvabesasoneheentee
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See
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s+eeeees
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Republic Steel
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Sears Roe@DUCK
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Standard Oil
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Washington, D. C
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al Tip
Aycees Seer
Sergoville
Tex
J. C. Smith
Kaimeem
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Bath
APT
Walnut St
Kvonts Realty, Inc
Rowella
Furnilahes
Vo Gantt
Oakwood
Furn
Oakwood Ct
Rm. Apt
Sauptecone
Hombres
Enatisa
Beniw
W. Green
Taylor &T
R B. Gant Company Arcade
Shelton St
Fifth “St
College