Stock Market Hits Modest Gains After Strong Corporate Reports
The New York stock market rose today amid favorable corporate earnings with prices up 1 to 4 points and losses limited to 1 to 2 points. Heaviest gains appeared in steels and motors while utilities oils chemicals and railroads also rose with notable movers including Bethlehem Steel Republic Steel Chrysler Western Union Allied Chemical Climax Molybdenum Penn Dixie Cement Texas Company Southern Pacific Santa Fe and Zenith Radio. Trading pace held around 2.72 million shares as first quarter sales and earnings looked solid for many firms.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel
Republic Steel
Chrysler
Western Union
Allied Chemical
Climax Molybdenum
Stromberg Carlson
Penn Dixie Cement
Texas Co
Southern Pacific
Santa Fe
Zenith Radio
Opening Address by Eleanor Roosevelt at Carolina Institute
Mrs Eleanor Roosevelt will deliver the opening address on June 8 in Greensboro for the 22nd annual Carolina Institute of International Relations. The five day program is sponsored by the American Friends Service. Postmaster nominations from North Carolina were sent to the Senate by President Eisenhower naming Burl Orr Fontana Dam William Early Old Fort Thomas Littlejohn Ruffin and Nancy Harris Wake Forest.
MENTIONED IN THIS ARTICLE
Guilford College
Eleanor Roosevelt
Carolina Institute of International Relations
The
American Friends Service
Washington
Eisenhower
Senate
North Carolina
Burl L. Orr
Fontana Dam
William B. Early
Old Fort
Thomas F. Littlejohn
Ruffin
Nancy F. Harris
Wake Forest
Mental Health Association Renames State Group
The North Carolina Mental Hygiene Association votes to become the North Carolina Mental Health Association to improve public understanding. Dr. Marshall L. Fisher of Charlotte’s Mental Health Clinic was named president with W. Carson Ryan of Chapel Hill as another officer.
MENTIONED IN THIS ARTICLE
Winston-Salem
North Carolina Mental Hygiene Assn
North Carolina Mental Health Assn
Marshall L. Fisher
Charlotte
W. Carson Ryan
Chapel Hill
Presbyterian Men Hear Phillips on Ruth at First Church
Charles W. Phillips of Woman's College Greensboro spoke to the Men of the Church at First Presbyterian on the Book of Ruth. He called Ruth one of literature’s greatest stories and Ruth’s bond with Naomi a supreme love declaration. Howard Coble and Henry Whipple sang, introduced by Carlyle Lewii, with two delegates voted for the NC Conference on Christian Youth in Fayetteville June 6-11.
MENTIONED IN THIS ARTICLE
Charles W. Phillips
Woman's College
Greensboro
Church of the First Presbyterian Church
Ruth
Naomi
Howard Coble
Wesley Memorial Methodist Church
Henry Whipple
Carlyle Lewii
N. C
O ~ Christian Youth
Fayetteville
Weather map notice hints at regional rain trend
The forecast notes rain in the far northwest with warmer readings in the western Lakes and cooler conditions over the western mountains. (AP Wirephoto Map).
MENTIONED IN THIS ARTICLE
Gion
Western Lakes
Weather and Christmas Tree Theft Report
Weather details list tonight's low of 48 and tomorrow's high of 78 with today’s high 76 and last night’s 48. No rain expected. Michigan growers reported 869000 Christmas trees in 1954 with an estimated 90000 stolen from properties.
MENTIONED IN THIS ARTICLE
Michigan
Police Auto Involved In Accident Near City Streets
A bicycle collision left 10 year old Steve McDowell bruised on English Street at Briggs Avenue. A police patrol car rushing to the scene collided with a station wagon at Main and Davis Streets, causing $600 in damages. Officer D R Goins reported siren and red light. Amess E Lynchburg VA said he did not hear the siren. Brydges’ car sustained $350 damage and the police car $300. no injuries or charges.
MENTIONED IN THIS ARTICLE
Steve McDowell
Kennedy Dr
English St
Briggs Ave
Main
Davis Sts
NineYearOld Tests BreakIn Suspect
Nine year old Sylvia Parker testified she saw Paul C. Steed attempt to unlock the door of Calvin Parker’s home on Hoover Street with a key. Steed, a 37 year old Negro man, was arrested and charged with attempted breaking and entering and jailed in lieu of a $300 bond.
MENTIONED IN THIS ARTICLE
Calvin Parker
Hoover St
Paul C. Steed
Parker
Sylvia Parker
Steed
Hold Talks With Reds in pursuit of peaceful settlement
The State Board of Conservation and Development plans a summer meeting at Morehead City from July 25 to 27. C&D Director Ben Douglas reported that a conference may be needed to reach any settlement, with talks aiming to assess possibilities.
MENTIONED IN THIS ARTICLE
Morehead Raleigh
State Board of Conservation and Development
Morehead City
C&d
Ben Douglas
Philippines Receive 912 Million In U S Aid For Army
Manila reports the United States and Philippines sign an agreement providing 94 million dollars in U S aid to train and equip a Philippine army division. The Joint U S Military Advisory Group will train 10 000 men and 426 reserve officers. The note also mentions Ontario Canada hosting over 10 000 workers in 33 gold mines.
MENTIONED IN THIS ARTICLE
Manila
United States
Philippines
U.S
Foreign Office
Ontario
Canada
Crab Pot Ban Set Across Coastal Waters
Raleigh announces a ban on crab pot use from May 1 to November 1 in coastal waters, with exceptions in Pamlico Sound's upper region and a northern Pamlico area section until August. Director Ben Douglas cites shrimping traffic as the reason to avoid obstruction during the shrimp run.
MENTIONED IN THIS ARTICLE
Raleigh
Panmilico Sound
Ben Douglas
Department of Conservation and Development
Pamlico Sound
Also Mentioned on This Page
General Motors
Libby
Owen Ford
Ett & Myers Eeekeennerer
Lorilla & Companaeenete
Ouistine & Nashville
Eeeereeteere
Aiates Apg
Ss Ceaveee
Motorola Radio
Scseseeeree
Murray "Cooporation
Eedsutes Ao
Essc
Eeseseeerreee
New York Central
Scrcees
North American Avia
Northern Pacific Eee
Ohio Oil Saeeeny Sterdeves
Pam
Paramount
Admiral Corporation
Penney J. C. Co. Cesseseses
Alleghany CorporAtion Ssss
Pennsylvania
Eewkin
American Tel & Telecueavoasuenee Company
American Tobacco
Eeteennweeere Oil Cosithehidehs Vans
Atchison, Top & SF Cowseccasdeeme Lp Corporation
Sekseeekéne
Atlantic T Lh
Remton Rand Seteeerereese
Atlantic Refinery
Steeleee
Avco Manufacturing
Eeeeenene
Baltimore & Ohio
Seaboard
al - Peed
Indereerverene
Standard Oil
N.J. Shavvaes
Costenseeeeere
Stevens, TP
Burlington Indus
Sylvania Elec Prod
Hs Corp
Heeceeseregnes
Texas Campa
Trans & Western Air
Carolina Power & Ltsssssses
Union Carbide Wesccreseresves
Celanese Corp
S. Soovee
Union Pacific
Ssscerereee
Champion Paper & File
United Airlines
Scercecenees
Chesapeake & Ohio
Cess
Cbc
Eeeeeeer Sesneeneb
Dupont de Nemnour
Westinghouse Elec
Escessseedl
Firestone Rubber
General Electric
General Foods
Cessesecses
Phillips
Weather Bureau
Mar
Great Plains
Central
Rockies
Great Basin
Atlanta
Asheville
Curewner
Charleston
Charlotte Eveeavese
Sf Loom Vas
Detroit
MOOG
Memphis
New Orleans
Rabbis Santonio
San
Steven
Imation Sheen
Guilford Optical CO
N. Main St
Dean
Doan
Reds
Wachovia
High Point
Wachovia Bank and Trust Company
North Main Street
West End
English Street
Member
Federal Deposit Insurance Corporation
Grand Canyon
Yellowstone
Federal Reserve System
Grace Flower Shop
N. Wrenn & Howell
Criio
Weldon
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